Hostess brands, the maker of Wonder Bread, Twinkies, Snowballs, Ho-Hos and other artery clogging delights, filed for Chapter 11 bankruptcy protection today. The main reasons: debt and out of control labor costs associated with exorbitant retirement obligations that Hostess agreed to with their unionized labor force.
Donette make you wanna cry? Ding Dongs.
Meanwhile, the long Obama winter continues.