Unions Get 'Take It Or Leave It' Offer of Hostess Brands Or Bankruptcy.

• Pensions is the major target of cost cutting.
• The article does not state what the pension plan pays.
• This is a big time supplier of Twinkies, and other goodies, hard to believe that that market has declined.
• Look for their products to come from Mexico is my thought.

More about Twinkies' ABC NEWS by David Koenig AP Business Writer. 

254 Firms Left "Taxafornia" In 2011. Revenue Down 22%

• Bankruptcy is the the only solution.
• Pay off bonds first, then what's left, pay vendors and suppliers.
• 10% pay reduction for all government workers.
• Right to work enacted. 
• All government pensions on the table for changes of existing and future agreements.
• Disband Department of Education. To be an advisory commission.
• Local school boards to solely operate schools.
• California Democrats must have certainly observed what has happened in Socialist Europe, but they refuse to learn from the European financial disaster.
• Is it possible to isolate San Francisco and Los Angeles from the state as Socialist Cities and govern themselves? Just a thought.

Read an excellent report from BRIEGHTBART/BIG GOVERNMENT by Chriss W. Street.