Comments on: The Life And Death of Wonder Bread http://blogs.smithsonianmag.com/smartnews/2012/11/the-life-and-death-of-wonder-bread/ Keeping You Current Sat, 18 May 2013 04:49:15 +0000 hourly 1 http://wordpress.org/?v=3.4 By: Edwin Duthie http://blogs.smithsonianmag.com/smartnews/2012/11/the-life-and-death-of-wonder-bread/comment-page-1/#comment-1938 Edwin Duthie Wed, 21 Nov 2012 19:46:18 +0000 http://blogs.smithsonianmag.com/smartnews/?p=7325#comment-1938 Quoting from the Daily Kos is equivalent to quoting from the John Birch Society. Any truth is subsumed by ravenously ideological demagoguery. Quoting from the Daily Kos is equivalent to quoting from the John Birch Society. Any truth is subsumed by ravenously ideological demagoguery.

]]> By: The Lady Rides http://blogs.smithsonianmag.com/smartnews/2012/11/the-life-and-death-of-wonder-bread/comment-page-1/#comment-1882 The Lady Rides Mon, 19 Nov 2012 00:33:59 +0000 http://blogs.smithsonianmag.com/smartnews/?p=7325#comment-1882 The internet is alive with postings about what the company did for its ceo and executives just prior to claiming bankruptcy, then blaming the union for forcing it out of business. This one is from the Daily Kos: "Hostess management, which is currently blaming unions for killing the Twinkie, awarded company execs absurdly large raises around the same time as filing for bankruptcy in January 2012 - including a 300% pay raise for then-CEO Brian Driscoll. "According to the the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union: 'As the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256.' " ... I wanted to add a diary highlighting just this one data point, because it's such a striking piece of evidence undermining the myth that organized labor killed Hostess." It seems to be an infectious disease, blaming employees for bankrupting companies that have already been raped by their owners, managers and executives ... The internet is alive with postings about what the company did for its ceo and executives just prior to claiming bankruptcy, then blaming the union for forcing it out of business. This one is from the Daily Kos:

“Hostess management, which is currently blaming unions for killing the Twinkie, awarded company execs absurdly large raises around the same time as filing for bankruptcy in January 2012 – including a 300% pay raise for then-CEO Brian Driscoll.

“According to the the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union:

‘As the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256.’

” … I wanted to add a diary highlighting just this one data point, because it’s such a striking piece of evidence undermining the myth that organized labor killed Hostess.”

It seems to be an infectious disease, blaming employees for bankrupting companies that have already been raped by their owners, managers and executives …

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