Not that long ago the government subsidized the auto industry to save the American car companies. Now, there is a petition circulating for the government to do the same thing for "Hostess", the company that makes Twinkies. Now, with Hostess Brands closing up shop and heading for liquidation, some folks want President Obama to bail out the junk food industry.
The petition to "Nationa
In the wake of the closing of Hostess, many are worried that they won't be able to get Twinkies, and driving the prices of the snack cakes up to absurd degrees on eBay.
Good thing the recipe is easy to find, if you're not made of money.
According to the Wall Street Journal, the company that makes Twinkies and Wonder Bread is preparing to file for Chapter 11 bankruptcy protection as early as this week. This would be the second time that Hostess Brands, Inc. has filed for bankruptcy in less than a decade.