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	<title>Salon.com > Vulture Capitalism</title>
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		<title>Could public health care have saved Hostess?</title>
		<link>http://www.salon.com/2012/11/23/could_public_health_care_have_saved_hostess/</link>
		<comments>http://www.salon.com/2012/11/23/could_public_health_care_have_saved_hostess/#comments</comments>
		<pubDate>Fri, 23 Nov 2012 17:00:00 +0000</pubDate>
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				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[All Salon]]></category>
		<category><![CDATA[Vulture Capitalism]]></category>
		<category><![CDATA[Hostess]]></category>
		<category><![CDATA[Obamacare]]></category>
		<category><![CDATA[Jacobin]]></category>
		<category><![CDATA[Health Care]]></category>

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		<description><![CDATA[Vulture capitalism played its part in the company's demise, but rising coverage costs may have sealed its fate]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.jacobinmag.com"><img style="margin: 0 10px 0 0;" src="http://media.salon.com/2012/06/Jacobin.jpg" alt="Jacobin" align="left" /></a> Hostess Brands, maker of the Twinkie, <a href="http://dealbook.nytimes.com/2012/11/16/hostess-brands-says-it-will-liquidate/">announced its liquidation</a> last week. This provoked a wave of <a href="http://www.washingtonpost.com/blogs/ezra-klein/post/the-recoverydeficit-reduction-deal-the-two-parties-should-but-wont-strike/2011/05/19/AGxljgOH_blog.html">now-more-than-everism</a>, as both liberals and conservatives rushed to use the company’s failure as a testament to their longstanding hobbyhorses.</p><p>To the Right, of course, the end of Hostess is just another great opportunity to bash unions. Although perhaps it’s a sign of progress that even Fox News decided to soft-pedal this line, talking up the conciliatory position of the Teamsters while <a href="http://www.foxnews.com/us/2012/11/16/hostess-brands-to-liquidate-lay-off-18500-after-crippling-union-fight/">blaming</a> the recalcitrance of the Bakery, Confectionary, Tobacco Workers and Grain Millers union for the closure. The idea that this is all about greedy unions is idiotic beyond belief, but sadly something we apparently still have to talk about. So if you don’t believe me you can go read <a href="http://adifferentclass.com/post/35839856607/we-deeply-regret-the-necessity-of-todays">Sarah Jaffe</a> or <a href="http://www.washingtonpost.com/blogs/she-the-people/wp/2012/11/16/unions-did-not-kill-twinkies-but-theyll-take-the-fall/">Diana Reese</a>.</p><p><a href="http://www.salon.com/2012/11/23/could_public_health_care_have_saved_hostess/">Continue Reading...</a></p>]]></content:encoded>
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