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Comments about ‘The winners and the losers’

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Published: Saturday, Nov. 17 2012 12:00 a.m. MST

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John Charity Spring
Back Home in Davis County, UT

The death of Hostess is a clear example of the inevitable destruction of business that comes from left-wing policy. The leftist labor unions demand artificially high wages, without being willing to do the work that higher wages require. the end result is the destruction of the business, with no wages at all. Unfortunately, this is the very model that Obama wants to use for the entire country. The public better get ready for massive business closures and accompanying loss of jobs.

one old man
Ogden, UT

Left wing policy, JCS. How about some FACTS here?

Unions did not destroy this company. It was destroyed by poor management and a flock of vulture capitalists and outfits similar to Bain Capital.

The workers are the losers. The vultures will walk away with Golden Parachutes. One example being the CEO who just recently was handed a 300% pay raise. Greg Rayburn was being paid $100,000 PER MONTH for his "services."

At least nine other top executives of the company also received massive pay raises, including one who received a pay increase from $500,000 to $900,000 and another received one that brought his salary from $375,000 to $656,256.

But that's Obama's fault, isn't it?

(Anyone may verify this information by Googling "hostess ceo salary")

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