Hostess out of business; 18,500 jobs to be lost

still catching up on this thread got this far and wanted to say something. :slight_smile:

Half the people look at the co closing and only the people working there being effected.

Half, of half the people left look at the companies that worked with yet apart from the main co closing and those people being effected also by the closing. Like you said, even down to the local diners and shit that 90% of their daily patrons were employed at the main co.

Then you take the half of that 1/4 of the people and these people left can also see long term, the entire big picture here. And how many of those people in this small group can actually do anything to β€œhelp”?

Thats the sad part.

The thing to remember also, are the communities and people making the β€œall in” bets on companies like this and designing a community around it. Thats why the big tech parks and everything scare the hell out of me. SOOOO much is riding on that, if it fails, the hole to dig out of is WAY too big. All the 500K houses with $400K left on the mortgage will be for sale and nobody to buy them. Banks will foreclose and eat the losses. One loose link, and the entire chain hits the ground.

This country needs to stop banking on ONE bet. Diversify the deck of cards and try to win more than you lose.