Twinkies might survive, but the company known as Hostess has requested permission ad begin the process of selling off is assets. This is the fruits of rampant unionism my friends. And while the union leader refuses to acknowledge his role in the whole affair, and let us not completely discount his claim of mismanagement, it is hard to not see it when he had fought Hostess at every turn to lower costs; despite already having been in bankruptcy twice!
Now who knows, I could see the courts forcing Hostess to stay open and infuse it with a bunch of bailout money. After all only the government can manage the economy, right?