Labor boss compares Hostess to Bain Capital

AFL-CIO President Richard Trumka compares Hostess with Bain Capital.

What’s happening with Hostess Brands is a microcosm of what’s wrong with America, as Bain-style Wall Street vultures make themselves rich by making America poor. Crony capitalism and consistently poor management drove Hostess into the ground, but its workers are paying the price.:

These workers, who consistently make great products Americans love and have offered multiple concessions, want their company to succeed. They have bravely taken a stand against the corporate race-to-the-bottom. And now they and their communities are suffering the tragedy of a needless layoff. This is wrong. It has to stop. It’s wrecking America.

Conservative commentator, Rush Limbaugh said that Trumka was rehashing the same old attacks that unions and the left have used against Romney, fitting a story line most of the public is already familiar with.

Trumka didn’t have to even tell his voters, they already know. He was just confirming it for ‘em. Al-Qaeda’s alive, Twinkies are dead.