No More Twinkies

.. and there will be specialized machinery that took a while to optimize. The factories will reopen courtesy of the bankruptcy court and a takeover company, probably partly union owned. We have a national twinky emergency and we will need a ding dong to save it - I think we will be fine, relax.

I agree that something will be sorted out. I saw one employees on TV last night, and he said he been making the same wage since 1999......take it for what it is worth. The money was going somewhere.

The money was going somewhere.

Samsclub soy oil/frying oil was $9 a gallon a few years ago. They own the market. Now it's over $30. I know as I used to run my Lister generators on it. so In a phrase, cost of product.

whistlenut wrote:I saw one employees on TV last night, and he said he been making the same wage since 1999

That's the problem,everyone thinks they deserve a pay raise,and not doing anything to deserve the pay increase.Let them go and get a job shoveling dirt for $12.00 hr without any benifets or ins.,or watch the twinkies going down the assembly line

The Twinkie Manifesto. This is the Nobel Prize winning economist and radically leftist NY Times contributor Paul Krugman's response to Hostess Shrugging. Within it he urges us to bring back the 91% top marginal tax bracket so the rich can be properly raped instead of shrugging.

http://www.nytimes.com/2012/11/19/opini ... festo.html

Krugman can say what he wants. But he can't ignore the reality of his philosophy now playing out in Europe and Asia.

jpete wrote:Krugman can say what he wants. But he can't ignore the reality of his philosophy now playing out in Europe and Asia.

As opposed to the American economy which is "kick the can down the road" and "Fvck the poor".

Davian wrote:

jpete wrote:Krugman can say what he wants. But he can't ignore the reality of his philosophy now playing out in Europe and Asia.

As opposed to the American economy which is "kick the can down the road" and "Fvck the poor".

How do you think Greece and Spain came to be throwing fire bombs at police?

jpete wrote:

Davian wrote:

jpete wrote:Krugman can say what he wants. But he can't ignore the reality of his philosophy now playing out in Europe and Asia.

As opposed to the American economy which is "kick the can down the road" and "Fvck the poor".

How do you think Greece and Spain came to be throwing fire bombs at police?

Well, with Greece, they have a national tradition of not paying any taxes at all and bribing gov't officials instead. They also have ridiculous entitlements like retirement on pension at 55. They were massively corrupt well before they entered the EU and they cooked their books to get in. Spain is much the same.

No system works when no one pays into it...The flipside of the coin would be Germany or any Scandinavian country where such a broad social welfare programs work and work quite well...as shown by their far higher standards of living than the US. Shockingly, Germany is one of the most unionized countries in the world too...

Davian wrote:
Well, with Greece, they have a national tradition of not paying any taxes at all and bribing gov't officials instead. They also have ridiculous entitlements like retirement on pension at 55. They were massively corrupt well before they entered the EU and they cooked their books to get in. Spain is much the same.

No system works when no one pays into it...The flipside of the coin would be Germany or any Scandinavian country where such a broad social welfare programs work and work quite well...as shown by their far higher standards of living than the US. Shockingly, Germany is one of the most unionized countries in the world too...

And how will our system work when more and more don't pay in, but collect benefits



Eric

Coalfire wrote:

Davian wrote:
Well, with Greece, they have a national tradition of not paying any taxes at all and bribing gov't officials instead. They also have ridiculous entitlements like retirement on pension at 55. They were massively corrupt well before they entered the EU and they cooked their books to get in. Spain is much the same.

No system works when no one pays into it...The flipside of the coin would be Germany or any Scandinavian country where such a broad social welfare programs work and work quite well...as shown by their far higher standards of living than the US. Shockingly, Germany is one of the most unionized countries in the world too...

And how will our system work when more and more don't pay in, but collect benefits



Eric

Cuts will have to be made and modifications obviously. Take Social Security for example. It'd be fairly easy to make it solvent long term. For one, let the temporary cut in FICA go away and have it go back to 6.2% like it should be. Then eliminate the cap on wages above $110K.

Those two things would make it solvent for quite a while. Also, stop using it as collateral for loans to fund the military and other aspects of our gov't.

There are ways to have both social programs and a viable economy. The problem is when you go too far to either side of the spectrum.

Davian wrote:

Coalfire wrote:

Davian wrote:
Well, with Greece, they have a national tradition of not paying any taxes at all and bribing gov't officials instead. They also have ridiculous entitlements like retirement on pension at 55. They were massively corrupt well before they entered the EU and they cooked their books to get in. Spain is much the same.

No system works when no one pays into it...The flipside of the coin would be Germany or any Scandinavian country where such a broad social welfare programs work and work quite well...as shown by their far higher standards of living than the US. Shockingly, Germany is one of the most unionized countries in the world too...

And how will our system work when more and more don't pay in, but collect benefits



Eric

Cuts will have to be made and modifications obviously. Take Social Security for example. It'd be fairly easy to make it solvent long term. For one, let the temporary cut in FICA go away and have it go back to 6.2% like it should be. Then eliminate the cap on wages above $110K.

Those two things would make it solvent for quite a while. Also, stop using it as collateral for loans to fund the military and other aspects of our gov't.

There are ways to have both social programs and a viable economy. The problem is when you go too far to either side of the spectrum.

Ok so it sounds like the government needs to shrink, and the current administration is going to do this

Davian wrote:.The flipside of the coin would be Germany or any Scandinavian country where such a broad social welfare programs work and work quite well...as shown by their far higher standards of living than the US. Shockingly, Germany is one of the most unionized countries in the world too...

Their are a lot less imported goods from places like China . They build what they buy and they buy what they build. Could you imagine the concept?

Flyer5 wrote:

Davian wrote:.The flipside of the coin would be Germany or any Scandinavian country where such a broad social welfare programs work and work quite well...as shown by their far higher standards of living than the US. Shockingly, Germany is one of the most unionized countries in the world too...

Their are a lot less imported goods from places like China . They build what they buy and they buy what they build. Could you imagine the concept?

Perhaps we shouldn't have made it so damn easy to ship jobs overseas, eh?

But that wouldnt be allowing the free market to decide which is unAmerican or something like that.

Davian wrote:
Perhaps we shouldn't have made it so damn easy to ship jobs overseas, eh?

But that wouldnt be allowing the free market to decide which is unAmerican or something like that.

Which part of a government policy like NAFTA a "free market"?