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Old 11-16-2012, 04:59 PM   #41
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Originally Posted by mickj

twinkies | eBay

hoarding and price gouging.. the government needs to intervene now!
That's the Facebookers, I guess.

I'm a Ding Dong guy. I don't have them often, but I like knowing they're there.
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Old 11-16-2012, 05:00 PM   #42
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Pretty amazing how "we" can take a simple OP topic and turn it into an Econ/PolySci 101 debate. Where else have I seen this kind of thing?




At least I didn't "help" this time, maybe I'll learn one of these days...
My thoughts exactly! Gotta love this forum
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Old 11-16-2012, 05:04 PM   #43
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So sad...

hohorip.jpg
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Old 11-16-2012, 06:26 PM   #44
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This is obviously another example of "to big to fail" Hostess needs government stimulus monies....or what's next, Snickers, milkyway, Suzie Q?

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Old 11-16-2012, 06:56 PM   #45
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This is obviously another example of "to big to fail" Hostess needs government stimulus monies....or what's next, Snickers, milkyway, Suzie Q?

Did someone say Suzie Q?

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Old 11-16-2012, 07:25 PM   #46
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Are you trying to hijack the twinkie thread with a ho-ho?
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Old 11-16-2012, 07:34 PM   #47
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My goodness. I haven't purchased any Hostess products in decades and really don't want to.
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Old 11-16-2012, 08:06 PM   #48
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twinkies | eBay

hoarding and price gouging.. the government needs to intervene now!
I clicked on that link and found an eBay listing wanting $5 million for a box of 10 Twinkies. The price can only go up from here, so people need to hurry.

Box of Twinkies for $5M: Twinkies | eBay

It's a good thing twinkies last forever, because I suspect many will buy them as a collector item, and will not be eating them. By design, the standard twinkies are mummified straight out of the production line!

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I tried to buy a box of twinkies for DW this morning, but they were all gone. Looks like people have gone into hoarding mode.
"You snooze, you lose" - Anon.

You may have to sell some of DW's company stocks to get funding, but the above is the new price one has to pay.

PS. There is a rumor that management of the company hoarded boxes of Twinkies just prior to shutting down the production line, with the hope of unloading them on eBay for obscene profits. I doubt that any contract lawyer ever thought of this possibility to write an appropriate prohibiting clause into management's employment contract. So, investors and employees may have no recourse now. Expect to see lawsuits and private investigators tracing down these last-day boxes of Twinkies for years to come.
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Old 11-16-2012, 09:20 PM   #49
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No more twinkies?

Maybe the Mayan calendar is right after all.
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Old 11-16-2012, 10:04 PM   #50
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Pretty darn depressing, but I'd bet the Twinkie brand will live on. Perhaps a guvmint deal involving moving the assembly line to General Motors..
+1

The factory that's closing is in Shiller Park, just down the street from me in the close-in Chicago suburbs. This is the home of gubmint shinanigans deals. The workers are union. Expect a bit of your taxes to be subsidizing Twinkie production in the near future!
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Old 11-17-2012, 07:31 AM   #51
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....Lots o' blame to go around, but I think the "legacy" costs of pensions and such are being "blamed" for much of the problem, not so much current costs. Much the same as the much maligned Postal Service...
+1 From what I have read it seems that the required contributions to the multiple employer pension plan is killing them as the burden of other employers in the plan who have gone out of business has pushed the cost of all plan participants onto Hostess (rather than just the cost of legacy Hostess company employees. The bankruptcy filing indicates:

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Because their workforce is heavily unionized, the Debtors also participate in 40 multiemployer pension plans, which, by law, exist only where one or more employers each contribute to a pension plan pursuant to one or more collectively-bargained agreements. The
Debtors' cash contribution obligations to these plans go beyond amounts attributable to the retirement benefits for the Debtors' own workforce; they also encompass the contributions attributable to the retirement benefits of the workforces of other employers who have ceased to exist or have otherwise withdrawn from the plans. By statute, the plans are structured to place the financial burdens of all of the plan's retirees upon those remaining companies that have active union employees. Over the last several decades, the number of companies and the active employee base supporting these pension plans have shrunk significantly, thus increasing the burden on the companies, such as Hostess, that remain.
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Old 11-17-2012, 08:46 AM   #52
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Thanks for the info. It is obvious that the system ensures that even the strongest employer cannot and will not be left standing.

Where else but on this forum does a guy who does not get out much like me learn things like this?

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Over the last several decades, the number of companies and the active employee base supporting these pension plans have shrunk significantly, thus increasing the burden on the companies, such as Hostess, that remain.
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Old 11-17-2012, 08:51 AM   #53
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No Twinkies? What am I suppose to put into my deep fryer?
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Old 11-17-2012, 09:03 AM   #54
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Oreo cookies, of course!

Or are they made by the same company?
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Old 11-17-2012, 09:08 AM   #55
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I running out for a 10 year supply ... 1/2 the shelf life
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Old 11-17-2012, 09:38 AM   #56
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twinkies | eBay

hoarding and price gouging.. the government needs to intervene now!
Is this the beginning of the "Twinkie Bubble"?
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Old 11-17-2012, 09:44 AM   #57
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Is this the beginning of the "Twinkie Bubble"?

No "wheee" yet concerning Twinkies......
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Old 11-17-2012, 09:46 AM   #58
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Eh, there are people with Twinkies and people without. I'll say the people currently without are just envious.
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Old 11-17-2012, 09:53 AM   #59
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The folks who loose their jobs I feel for. Can't say I'll miss any of the company's products, though I am sure many will.

OTOH I never had a twinkie, save for the nick name of my Argosy camper, which I sold.

As for wonder bread, one of the first derisive concepts I formulated in English, once I learned the language was: It is a wonder they can call it bread.

Before arriving in the US I was used to eating heavy dense bread, one slice with butter or lard would make a meal. Mostly lard, my mother could only afford to buy butter for Christmas or birthday.
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Old 11-17-2012, 10:05 AM   #60
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CIA sex scandal....check

Upcoming fiscal cliff .... check

No more Twinkies ... Oh no!!

Mad dash to buy up Hostess treats before they run out
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