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A new White House petition wants President Obama to nationalize the "Twinkie industry," saving the popular junk food from possible extinction.
"We the undersigned, hereby request Barack Obama to immediately Nationalize the Twinkie industry and prevent our nation from losing her sweet creamy center," a petition on the White House "We the People" website requests.
Hostess Brands Inc. â maker of the Twinkie, the Ding Dong and Wonder Bread â is preparing to shutter operations amid a labor strike and rising costs. Unionized workers rejected a major pay and benefit cut, sparking the latest strike.
Labor leaders say the standoff represents "Bain-style" vulture capitalism â a reference to former GOP nominee Mitt Romney's private equity firm.
"Whatâs happening with Hostess Brands is a microcosm of whatâs wrong with America, as Bain-style Wall Street vultures make themselves rich by making America poor. Crony capitalism and consistently poor management drove Hostess into the ground, but its workers are paying the price," AFL-CIO president Richard Trumka said in a Friday statement.
A full shutdown of the company could result in as many as 18,000 job losses â though it's possible a buyer could be found for some of its dozens of brands.
The White House petition was posted Friday. It needs 25,000 signatures to generate an official White House response.
Found on Politico but placed in humor...precisely where it should be.
"We the undersigned, hereby request Barack Obama to immediately Nationalize the Twinkie industry and prevent our nation from losing her sweet creamy center," a petition on the White House "We the People" website requests.
Hostess Brands Inc. â maker of the Twinkie, the Ding Dong and Wonder Bread â is preparing to shutter operations amid a labor strike and rising costs. Unionized workers rejected a major pay and benefit cut, sparking the latest strike.
Labor leaders say the standoff represents "Bain-style" vulture capitalism â a reference to former GOP nominee Mitt Romney's private equity firm.
"Whatâs happening with Hostess Brands is a microcosm of whatâs wrong with America, as Bain-style Wall Street vultures make themselves rich by making America poor. Crony capitalism and consistently poor management drove Hostess into the ground, but its workers are paying the price," AFL-CIO president Richard Trumka said in a Friday statement.
A full shutdown of the company could result in as many as 18,000 job losses â though it's possible a buyer could be found for some of its dozens of brands.
The White House petition was posted Friday. It needs 25,000 signatures to generate an official White House response.
Found on Politico but placed in humor...precisely where it should be.