The ultimate stupidity that union leaders can commit on members and the businesses that employ them occurred last week when those "leaders" engaged in something that for the business world is tantamount to murder-suicide -- rather than make wage concessions they did not like, union leaders let Hostess and jobs die.
Wonder Bread bakeries are toast, the only snowballs now are those made to fling at Ding Dong union leaders, and there will be no Ho Hos around Christmas trees come Dec. 25.
About 18,500 people -- many belonging to the Bakery, Confectionary, Tobacco Workers and Grain Millers International Union -- will get pink slips in an economy that offers few job opportunities. Teamsters voted to grant Hostess concessions, but not the bakers union.
Companies stand ready to snap up rights to produce iconic Hostess products. If that happens, consumers will continue to get Twinkies, but those snack foods likely will be made by people who are more realistic about what they want versus what a company can afford.
Distributed by MCT Information Services
Most Popular Stories
- Top Hispanic Tech Companies Push for the Top
- 5 Notable Hispanic Technology Executives
- Taco Bell Rings Up Breakfast Menu
- Russia, Crimea Discuss Referendum
- California Establishes Center for Coffee Study
- 'Holy grail of guitars' OM-45 Deluxe Available in in NY Auction
- China Urges Malaysia Flight Emergency Response
- For Obama, a Last Stab at Improving Ties with Capitol Hill
- Justin Bieber Loses Cool Over Selena Gomez
- Sunday Starts Daylight Saving Time