Panama City Panama rentals
     
News | Economy | Culture | Opinion | Lifestyle | Nature
Noticias | Opiniones | Alternativa con Miguel Antonio Bernal
Archive | Unclassified Ads | Front Page and Update Links
Volume 18, Number 2
February 20, 2012

Learn Spanish Online with Habla Ya's Skype Spanish Lessons

opinion

Also in this section:
Editorials: There really is such a thing as libel; and An offer that she must refuse
Asamblea Ciudadana, Toward the constitutional rule of law
Reporters Without Borders, El Universo verdict sets back freedom of expression
Bernal, About a dams referendum
Fisher, Panama's critical juncture
Tsenliki, Protecting oceans: It's not rocket science
Nauman, Native wisdom guides movement to close Keystone Pipeline route
Estevez, Diary of an arms trade lobbyist
Hightower, The Chief Twinkie goes Ding Dong
McCabe, Unexpected heroes
Thurston, The truth hurts sometimes
Gandásegui, The Ngabe treasure and the Tabasara River
Boff, From internationalized enterprise to biocentric society
Mercy Sisters join Panama justice campaign
Mijares, Ocean front
Worley, The smell test --- passed
Chomsky, "Losing" the World
Harrington, Ngabe awakening
Evans, A different kind of Europe
Council on Hemispheric Affairs, A new Falklands/Malvinas war unlikely
Hidalgo, A democratic crisis close to home
Letters to the editor

After sinking into bankruptcy, Hostess Brands is trying to squeeze its workers without disrupting its junk food sales

The Chief Twinkie goes Ding Dong

by Jim Hightower

Here's a case of good news oozing out of bad news, and vice versa.

The bad news is that Hostess Brands has sunk into bankruptcy. It couldn't stay afloat with the $860-million debt piled onto it after a group of Wall Street speculators took over the 82-year-old company.

The good news, though, is that devoted customers can still get their daily fix of five kinds of sugar, partially hydrogenated oil, polysorbate 60, artificial flavors, and yellow dye No. 5 --- just a few of the ingredients in Hostess Twinkies. When top executives filed for Chapter 11 in January, they assured an anxious nation that the corporation would keep chugging out Twinkies, Ho Hos, Ding Dongs, and its other caloric delights while they dealt with a few legal details to restructure Hostess.

Oh, goodie! But wait --- those "details" constitute the bad news flowing out of the good news. The CEO says that to become "a highly competitive company that provides secure employment for our employees," Hostess must make those employees less secure by busting their pensions, cutting their medical benefits, and abrogating their labor contracts. Does this Twinkie-in-Chief even understand how twisted his logic is? Apparently not, for he also asserts that one of the "tremendous inherent strengths" that Hostess can build on to become a viable company is "a talented and experienced workforce."

Thanks for the compliment, chief, but I'm guessing the workforce would prefer a decent pension. Without that, your words are as empty as the calories in a Ding Dong. Meanwhile, the union workers who literally deliver the goods for the company point out that they've already made concessions --- and it's time for the profiteering corporate executives who filled Hostess with all that debt to stop sucking all the cream out of its Twinkies.


Jim Hightower is a radio commentator, writer, and public speaker. He's also editor of the populist newsletter, The Hightower Lowdown.







    

Also in this section:
Editorials: There really is such a thing as libel; and An offer that she must refuse
Asamblea Ciudadana, Toward the constitutional rule of law
Reporters Without Borders, El Universo verdict sets back freedom of expression
Bernal, About a dams referendum
Fisher, Panama's critical juncture
Tsenliki, Protecting oceans: It's not rocket science
Nauman, Native wisdom guides movement to close Keystone Pipeline route
Estevez, Diary of an arms trade lobbyist
Hightower, The Chief Twinkie goes Ding Dong
McCabe, Unexpected heroes
Thurston, The truth hurts sometimes
Gandásegui, The Ngabe treasure and the Tabasara River
Boff, From internationalized enterprise to biocentric society
Mercy Sisters join Panama justice campaign
Mijares, Ocean front
Worley, The smell test --- passed
Chomsky, "Losing" the World
Harrington, Ngabe awakening
Evans, A different kind of Europe
Council on Hemispheric Affairs, A new Falklands/Malvinas war unlikely
Hidalgo, A democratic crisis close to home
Letters to the editor


Left Wing Publications Right Wing Publications

Find the boat of your dreams through Evermarine



© 2012 by Eric Jackson
All Rights Reserved - Todos Derechos Reservados
Individual contributors retain the rights to their articles or photos

email: editor@thepanamanews.com or

e_l_jackson_malo@yahoo.com or

thepanamanews@gmail.com

phone: (507) 6-632-6343

Mailing address:

Eric Jackson
att'n The Panama News
Apartado 0831-00927 Estafeta Paitilla
Panamá, República de Panamá

Facebook page: http://www.facebook.com/thepanamanews