Ray of hope for Twinkies?
Peter Johnson, Jr. weighs in
- Duration 3:39
- Date Nov 20, 2012
Peter Johnson, Jr. weighs in
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Come on to host this week.
Holdings plunged eight -- -- Here's your -- yeah.
What goes on in twinkie town well twinkies ho -- and Wonder Bread.
Will live to see another day perhaps yesterday hostess and its second largest union.
Agree to third party talks that could prevent the loss of 181000 jobs.
A judge ordered these negotiations before the company could start shut down its own stuff off.
But what if the talks break -- again let's -- to have Peter Johnson junior -- -- some.
Times you know if you can't have a whole tweaking they have -- -- of twinkies have you had a choice and I kind of got some think he's here.
If you couldn't have a whole treaty right which and a -- the twenty.
Florida beats no that's right absolutely yeah fifth.
Have half the truth it'll be quite quite delicious all right what's going on as the federal bankruptcy judge now has said here's have -- -- -- -- -- have permitted.
That said it.
They have to get to table the unions have to negotiate about what's going on.
And can we -- BC 8500.
Jobs right they say okay offers have been made.
The company wants to -- health benefits.
-- -- back on that cut some salaries for time right then salary increases over the five year period.
And the news is they don't work -- right and and so now -- -- is saying no this is about up crony capitalism this is about vulture capitalism.
-- different went directly.
They are excellent I saw online these are gone for about the glitz and then it's and it's really valuable -- really just a minute -- Peter I was reading the daily news today this is the same union right -- stood in the way of Stella Dora which was -- producing stuff here in New York City.
And now they're winded they went bankrupt and -- they are making Stella Dora stuff.
Out in Ohio.
-- -- -- -- Has to be separate delivery for that red set for delivery through things like twinkies.
We understand that it's become the campaign and all over again the unions are attacking the management saying you're getting big raises the it is about your management consulting fees this is about vulture capitalism let this company live the way this company will live in the 181000 jobs would preserve.
Is if the unions.
Vote right if they take a vote and say listen.
We want to keep our jobs right we're making between sixteen and twenty dollars an hour we wanna continue to make that we wanna continue to earn for our family in the Thanksgiving period.
In the Christmas period and for the next year's Sebring get this company.
-- right again.
The company gave back in the past they gave a piece of the company they gave director positions -- to the unions but the same time.
It's a mutuality it's a partnership between workers -- -- to say listen we can make it in this country the constraints are great.
The truth is they make a couple billion dollars a year in sales.
And end it there one of the major producers of bread and great products like Ding Dong strip -- -- almost great products all these things it needs to be.
-- put it to a vote and it should be put to a vote and the employees within decides whether or not happy with -- -- the ninety.
Or that happened -- -- maybe 10% less.
Of the twenty which is really.
A department -- operated Peter Johnson junior this is -- your most delicious segments not.
It was important in this and I I get -- this is an -- in in America.
An homage to hostess that's right.