Leftist Trumka Blames Wall Street For Hostess Liquidation
He even threw in Bain Capital in there for flavor, even though I’ve seen no reports of Bain ever have anything to do with Hostess. But, as we know, Leftists like Trumka aren’t exactly big on factual arguments. It’s all about feelings… and lying.
Don’t be surprised if the media, the collective of ignoramuses (ignorami?) they are, start to parrot this nonsense in the coming days. They will because it would simultaneously shift blame from the left’s beloved labor unions and allow the “rich people are evil” narrative to continue so they can bolster Obama’s argument for taxing said “rich” people.
Never once will the majority of the media bother to ask “Hey! Hostess didn’t just become financially unstable overnight, right? Hmmm. Maybe the ‘evil’ Wall Street hedge funds who came with much needed capital actually extended the life of the company dying under the weight of ridiculous labor union contracts that don’t allow the company to adapt to different times?”
Nah. They won’t ask that question because they are stupid. Dumb as a box of rocks. Trumka is just as dumb. They’re the kids who said “YES!” when their parents asked if they thought money grew on trees. They don’t understand business. Or math. Or why businesses exist. Or math.
This is the economic ignorance that won the election last Tuesday. This is how people could vote for a proven failure in Obama over a guy who has saved dozens of companies, helped Massachussetts start to save itself from being California, and also saved the Salt Lake City Olympics. Presidential elections are no longer about competence because of the media and people like Trumka.
These people are dangerously stupid.