Friday, July 6, 2012

The Twinkie Is Bankrupt

Apparently the Twinkie isn't very good with money and can't pay it's bills.  Much like this great country of ours, the Twinkie has fallen on hard times, rather it's the maker of Twinkies that's in trouble. Hostess, an American institution of delicious snacks that are horrible for you, has filled for bankruptcy protection, or Chapter 11...again. This has been going on for awhile. Back in 2004 Hostess first filed Chapter 11 due to a rise in labor costs and fluctuating prices of some of their ingredients. Huh, seriously? The company restructured and by 2009 were supposed to back in good standing...well I guess not. I must ask this question. How can a company that had net revenue of $2.5 Billion post a loss of $341 Million? Poor management of course.
Don't worry my friends, this is not supposed to affect the production at all, so you will be able to continue to buy their goodies until the end of time...because that's how long they last. I think what will happen is that the production of Twinkies, and various other products, will continue being produced far after all of us have left this beautiful planet of ours. In fact the Twinkie will be the first food given to the aliens at first contact. Unfortunately once the aliens realize what they have eaten they will turn on us and wipe us all from the Earth. Sorry everyone...

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