hostess is closing due to strikes ?

[Irving]

This thread is so very disappointing. Singlestack, the line that gos said about companies not having the right to make a profit, is EXACTLY the same thing you keep spouting off about. You are both saying the very same thing, yet you, and Jim, and JM2.0, are all mad about it, because all of you misunderstood what he meant. Businesses do NOT have the right to be profitable, they have to earn it. If business profitability were a right, then every man, woman, and child would start a business at the earliest opportunity.

You are all misunderstanding the way he used the word "right" and flying off the handle looking like idiots and calling him a liberal right off the bat. Take a deep breath and try reading what he said again.

[Singlestack]

I think you have a different understanding of that word than I do. Hope, yes. Expectation, perhaps. A right to profitability? I don't think so.

I see what you mean, from that POV. However, please note that nobody, including me, is suggesting or saying that businesses have some or any sort of guarantee of profitability. Bad or unprofitable businesses should either restructure/change, sell, or go out of business.

[JM Ver. 2.0]

This thread is so very disappointing. Singlestack, the line that gos said about companies not having the right to make a profit, is EXACTLY the same thing you keep spouting off about. You are both saying the very same thing, yet you, and Jim, and JM2.0, are all mad about it, because all of you misunderstood what he meant. Businesses do NOT have the right to be profitable, they have to earn it. If business profitability were a right, then every man, woman, and child would start a business at the earliest opportunity.

You are all misunderstanding the way he used the word "right" and flying off the handle looking like idiots and calling him a liberal right off the bat. Take a deep breath and try reading what he said again.

I see what you mean, from that POV. However, please note that nobody, including me, is suggesting or saying that businesses have some or any sort of guarantee of profitability. Bad or unprofitable businesses should either restructure/change, sell, or go out of business.

That's not true... With the Obamanation in office all a business has to do is ask for a bail out and BOOM! Profit...

See? They do have aright...

[brutal]

I'll not comment on this debate per se, and I'm not defending anyone, least of all some nutty liberal, but the term used was "automatic right," and in that context affects much of the follow on debate.

[ChunkyMonkey]

Invested in stocks? Part of a political party?

Simple minds with simple solutions. You've seen it here first, folks.

Nope, don't believe in group bargaining. My self directed IRA is on my properties mostly ever since 1997 stock bubble. I dont belong nor have I ever donated to any parties. Parties are for sheeple like you I guess? Either way, I simply do not believe in union. Your insults are as bad as the union thuggery - and that's why the union aren't gaining sympathy imho.

[JM Ver. 2.0]

The liquid in the middle should be labled "Government Assistance Program".

[gos]

Irving clarified the point I was trying to make, thank you.

[MrPrena]

This case, i think it is profit equities douche bags who really messed up on management. (as usual)


Profit is important. This is why average joe investors invest. Why would average investors invest in companies like hostess with their hard earned dollars, when they can invest it in Microsoft?!?
However, there are more to it than just profit.

If Profit and Revenue were everything to the company and the investors, Fundemental Analyst would rule the world. Everyone would make millions of dollars on public/private equities by reading their income statement/balance sheets.

[Singlestack]

I'll grant that I may have misunderstood gos, and for that I apologize. That said, I'm still waiting to hear who said companies were EVER guaranteed a profit? In fact, I've never heard that in my entire life. When I read that comment, I read it as someone or some thing was opposed to the notion of companies making a profit. I HAVE, on the other hand, heard that from the nutty left on many occasions - mostly from the socialist or communist camps. Glad to hear that wasn't intended here and not what was being expressed.

[Irving]

I'll grant that I may have misunderstood gos, and for that I apologize. That said, I'm still waiting to hear who said companies were EVER guaranteed a profit? In fact, I've never heard that in my entire life. When I read that comment, I read it as someone or some thing was opposed to the notion of companies making a profit. I HAVE, on the other hand, heard that from the nutty left on many occasions - mostly from the socialist or communist camps. Glad to hear that wasn't intended here and not what was being expressed.

Gos is looking at this from the point of view that management directly the company poorly, you're laying the blame more with the Union. That's pretty much the only difference here, otherwise, you guys seem to feel the same way about business.

I can see why you thought that Gos was repeating that Liberal trash about companies not deserving profits. I just wanted to clarify that one point. Carry on.