(Ongoing disasters) You might recall that Interstate Bakeries -- makers of Hostess Twinkies and Wonder Bread -- are in bankruptcy. Both products are nutritional disasters: the dumb sort of product that could only be produced and consumed in America.
Today George W. Bush announced an auto industry bailout plan aimed at forestalling the inevitable bankruptcy of Chrysler and possibly GM. It doesn't take a genius to see the similarities between stupid products like Twinkies and Wonder Bread and stupid products like Escalades and Hummers.
So the obvious question: Why no Twinkies bailout from the Bushies?
(Ted Scheffler)
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ReplyDeleteDoes anybody research these things? YOU might recall that Interstate Bakeries is ready to emerge from chapter 11 within the next month if not sooner. How many companies out there now can say that? Looks to me as if they took care of business themselves (with the help of the unions---Hello UAW?) in the process they saved 22,000 jobs!! Thats more of an accomplishment that should be heralded-not satired!
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