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nbcdfw.com:
Twinkies Maker Hostess Going Out of Business, CEO Blames Union Strike — “It's over. This is it,” Gregory Rayburn tells “Today.” — Hostess, the makers of Twinkies, Ding Dongs and Wonder Bread, is going out of business after striking workers failed to heed a Thursday deadline to return to work, the company said.
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CNNMoney.com:
Hostess Brands closing for good — NEW YORK (CNNMoney) — Hostess Brands — the maker of such iconic baked goods as Twinkies, Devil Dogs and Wonder Bread — announced Friday that it is asking a federal bankruptcy court for permission to close its operations, blaming a strike by bakers protesting a new contract imposed on them.
Hostess Brands Inc / PR Newswire:
Hostess Brands to Wind Down Company After BCTGM Union Strike Cripples Operations — Hostess Brands Inc. today announced that it is winding down operations and has filed a motion with the U.S. Bankruptcy Court seeking permission to close its business and sell its assets, including its iconic brands and facilities.
Discussion:
Weekly Standard, Outside the Beltway, Washington Examiner and Mashable!
Alice Wolke / Dallas News:
Hostess going out of business; nearly 18,000 to be laid off — IRVING, Texas - — Say goodbye to your Twinkies. — North Texas-based Hostess Brands, Inc. has decided to go out of business and liquidate its assets after failing to win back striking workers.
Discussion:
Hot Air, americanthinker.com, Questions and Observations and THE ASTUTE BLOGGERS
Matt Egan / Fox Business:
Hostess to Liquidate, Lay Off 18,500 After Crushing Union Fight — Failing to persuade striking employees to return to work, Hostess Brands disclosed plans on Friday to liquidate its assets and lay off most of its 18,500 workers, bringing the 82-year-old maker of Wonder Bread and Twinkies to the end of its line.
Discussion:
protein wisdom
Rachel Feintzeig / Wall Street Journal:
Twinkie Maker Hostess to Close
Discussion:
Deal Journal and Law Blog
Daniel Halper / Weekly Standard:
Petraeus ‘Knew Almost Immediately’ Al Qaeda-Linked Group Responsible for Benghazi — David Petraeus is going to tell members of Congress that he “knew almost immediately after the September 11th attack, that the group Ansar al Sharia, the al Qaeda sympathizing group in Libya was responsible for the attacks,” CNN reports.
Discussion:
Power Line, Hot Air, The Lonely Conservative, Patterico's Pontifications and Outside the Beltway
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James Taranto / Wall Street Journal:
The Audacity of 51% — Get ready for higher taxes and no spending reform. — “Maybe peace would have broken out with a different kind of White House, one less committed to waging a perpetual campaign—a White House that would see a 51-48 victory as a call to humility and compromise rather than an irrefutable mandate.”
Discussion:
NationalJournal.com, Power Line, Michelle Malkin and ThinkProgress
John Nolte / BREITBART.COM:
CNN: PETRAEUS TO TESTIFY HE KNEW LIBYA WAS TERRORISM ‘ALMOST IMMEDIATELY’ — Just a few minutes ago on CNN, Pentagon correspondent Barbara Starr reported that a high-placed source informed her that former CIA Chief David Petraeus will use his upcoming testimony to amend his previous testimony.
Discussion:
Scared Monkeys, The Gateway Pundit, Nice Deb, Sense of Events, americanthinker.com and CBS News
Fox News:
Intel officials struggle to explain Libya talking points, pressure on Petraeus to clear the air
Discussion:
Power Line, NO QUARTER USA NET and CNN
David Dayen / Firedoglake:
Here on the Fiscal Slopes — I don't think this will be a regular feature, but here are a few things on everybody's favorite cliff/slope metaphor that caught my eye at the end of the day: — First of all, unions are so far following through on protecting social insurance against potential attacks from both parties:
Discussion:
Wonkblog, Crooks and Liars and The Hill
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Paul Krugman / New York Times:
Life, Death and Deficits — America's political landscape is infested with many zombie ideas — beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity.
Discussion:
msnbc.com
Alexander Bolton / The Hill:
Obama, Boehner launch second effort to reach grand bargain to cut deficit
Discussion:
ABCNEWS
Sam Stein / The Huffington Post:
Fiscal Cliff Ad Campaign: Unions Target Senate Dems
Discussion:
Washington Monthly
Devin Dwyer / ABCNEWS:
President Obama, GOP Leaders Hold Fiscal Summit at White House
Discussion:
Taylor Marsh
Wall Street Journal:
GOP Leaders' Debate: Change Message or Candidates? — LAS VEGAS—Two weeks after their presidential election defeat, Republican Party leaders are falling into roughly two camps as they struggle to explain what happened and devise ways to broaden the party's base.
Discussion:
ABCNEWS, Taegan Goddard's … and Prairie Weather, more at Mediagazer »
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Jeff Zeleny / New York Times:
As G.O.P. Governors Gather, Prescriptions and Whispers for 2016
Discussion:
Washington Post, The Fix, Hot Air and Politico
Tom Maguire / JustOneMinute:
Times See No Evil CEO Mark Thompson's Veil of Ignorance Continues To Unravel — The NY Times stuck with embattled former BBC chief Mark Thompson based on his assurances that despite thirty-three years at the BBC including eight at the helm he had never heard a whisper about BBC star Jimmy Savile's pedophilia.
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Matthew Purdy / New York Times:
Letter Raises Questions About When BBC Ex-Chief Learned of Abuse Cases
Discussion:
Media Decoder, Poynter and New York Magazine, more at Mediagazer »
Laura Bassett / The Huffington Post:
Bob FitzSimmonds, Virginia GOP Official, Predicts Obama ‘Goes To Hell’ … REACT: — FOLLOW: — Barack Obama , Ken Cuccinelli, Video, Virginia GOP, Bob Fitzsimmonds, Bob Fitzsimmonds Barack Obama, Bob Fitzsimmonds Obama Hell, Facebook Rants, Virginia Politics, Virginia Republican Party, Virginia Republicans, Politics News
Discussion:
Mediaite and Alan Colmes'Alan Colmes'
BBC:
Gaza crisis: Egyptians back under-fire Palestinians — The BBC's Wyre Davies describes a “long and difficult night” in Gaza, saying “the ante has been stepped-up on both sides” — Egyptian leaders have promised to support Gaza against Israeli attacks, as violence escalated for a third day.
Discussion:
The Jawa Report
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Yousef Munayyer / Open Zion:
Bodies for Ballots
Discussion:
maannews.net, BBC, ABCNEWS, Firedoglake, 3quarksdaily, Mondoweiss, Guardian, Associated Press and New York Times
CNN:
McCain skips Benghazi briefing, gets testy when questioned by CNN — (CNN) - Most of the Republican members of a Senate committee investigating the terrorist attack at the U.S. consulate in Benghazi, Libya, skipped a classified briefing by administration officials on the incident Wednesday, CNN has learned.
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Halimah Abdullah / CNN:
Congressional intelligence committees briefed on Benghazi attacks
Discussion:
New York Times, iOwnTheWorld.com, emptywheel, The Daily Caller and HLNtv.com
Bethany Mandel / Commentary Magazine:
Why Isn't Sandy Obama's Katrina? — The pictures from New Orleans after Katrina were iconic. Stories breathlessly filed from the Superdome warned of rampant crimes, inadequate access to basic sanitation, even babies getting raped (which was later proven to be a rumor).
Daniel Strauss / The Hill:
Christie agrees Romney comments were ‘wrong’, calls on GOP to pivot — New Jersey Gov. Chris Christie (R) said Friday Mitt Romney's comments that President Obama won the election by giving groups “gifts” were wrong. — Romney said he agreed with Louisiana Gov. Bobby Jindal (R) …
Discussion:
CNN
Ed Morrissey / Hot Air:
House GOP: Hey, who's up for a few earmarks? Update: Proposal withdrawn — Alternate headline: The House GOP has a fee-vah and the only prescription is ... more pork-barrel politics! Having won the House majority two election cycles in a row, some inside the GOP caucus want to bring back earmarking — with reforms, of course:
Discussion:
Roll Call, The Hill and Conservatives4Palin
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