Statement by AFL-CIO President Richard Trumka on Hostess Brands Inc.
November 16, 2012
What’s happening with Hostess Brands is a microcosm of what’s 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. These workers, who consistently make great products Americans love and have offered multiple concessions, want their company to succeed. They have bravely taken a stand against the corporate race-to-the-bottom. And now they and their communities are suffering the tragedy of a needless layoff. This is wrong. It has to stop. It’s wrecking America.
“We must close union offices, confiscate their money
and put their leaders in prison. We must reduce workers salaries and take away
their right to strike." !
Adolph Hitler - May 2,1933
"Democracy...is two wolves and a lamb voting on what to
have for lunch"!
Liberty...is a well-armed lamb contesting the
vote.
Fiat Lux
"Democracy...is two wolves and a lamb voting on what to
have for lunch"!
Liberty...is a well-armed lamb contesting the
vote.
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