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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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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 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.
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Weekly Standard, The Hinterland Gazette, Outside the Beltway, The Greenroom, Mashable! and Washington Examiner


Twinkie Maker Hostess to Close — Hostess Brands Inc., the maker of iconic treats such as Twinkies and traditional pantry staple Wonder Bread, said Friday it is shuttering its plants and firing about 18,000 workers as it seeks to liquidate the 82-year-old business.
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Weekly Standard, Deal Journal, Concurring Opinions, Roger Ailes and Law Blog


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.
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Hot Air, americanthinker.com, Questions and Observations and THE ASTUTE BLOGGERS

Hostess to Liquidate, Lay Off 18,500 After Crushing Union Fight
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protein wisdom

No more Twinkies? Hostess plans to shut down
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The Daily Caller

Petraeus testifies CIA's Libya talking points were changed, lawmaker says — Former CIA Director David Petraeus testified in a closed-door hearing Friday morning that his agency determined immediately after the Sept. 11 Libya attack that “Al Qaeda involvement” was suspected …
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Roger L. Simon, National Review and Jihad Watch
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In testimony, Petraeus says he always saw Benghazi as terrorism — Former CIA Director David Petraeus told lawmakers at a closed-door briefing Friday the agency believed the assault on the U.S. Consulate in Libya was a terrorist attack from the beginning. — Petraeus also indicated …
Discussion:
Alan Colmes'Alan Colmes'

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.


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.
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The Gateway Pundit, Scared Monkeys, Nice Deb, Sense of Events, americanthinker.com and CBS News


The Audacity of 51% — Get ready for higher taxes and no spending reform.
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NationalJournal.com, Fox News, Mediaite and Power Line

Ex-CIA Chief Petraeus Testifies for 90 Minutes Before House Panel
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The PJ Tatler, CNN, Hot Air, Politico, Taylor Marsh and Tucson Weekly

TO PROTECT OBAMA FROM LIBYA, MEDIA TURNS MCCAIN INTO CAPTAIN AHAB
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The Daily Caller, Slate and Nice Deb


Gaza rocket fired at Jerusalem — Israel says up to 150 targets were hit on Thursday night — Hamas militants in the Gaza Strip say they have launched a rocket on Jerusalem - the first time the holy city has been targeted from Gaza. — Israel Army radio said the missile landed just outside the city …
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The Daily Caller and New York Magazine
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Two rockets land outside Jerusalem following 2 fired at TA
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Hot Air, Israel Matzav, “The Lid”, National Review, Weasel Zippers and The Jawa Report

Israel's Airstrike Gamble
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Washington Monthly, JTA and Foreign Policy

Senate passes resolution condoning Israel's strikes on Hamas
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Washington Free Beacon and Weasel Zippers

Jerusalem and Tel Aviv under rocket fire, Netanyahu warns Gaza
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Weasel Zippers and Riehl World News

Democratic Solution To The Filibuster: Make Them Talk … REACT: — FOLLOW: — Elections 2012, Harry Reid , Congress, Democrats, Elections 2012, U.S. Senate, Video, Democrats Filibuster Reform, Politics News, Democratic Filibuster Reform, Democrats Fillibuster Reform, Filibuster, Filibuster Reform, Politics News
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Obama, Boehner launch second effort to reach grand bargain to cut deficit
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ABCNEWS, The Caucus and Connecting.the.Dots

Harkin: Leave Medicare, Medicaid out of fiscal-cliff talks
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Crooks and Liars, Suburban Guerrilla and Hullabaloo

President Obama, GOP Leaders Hold Fiscal Summit at White House
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Politico, New York Times and Taylor Marsh

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.
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msnbc.com
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Here on the Fiscal Slopes
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Wonkblog, Crooks and Liars and The Hill

Fiscal Cliff Ad Campaign: Unions Target Senate Dems
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Washington Monthly


Report: Two dead, two missing, four airlifted after platform explosion in Gulf of Mexico — OFF THE GULF COAST - The Coast Guard says that a preliminary report shows that two people were killed, two were missing and four were airlifted to West Jefferson Medical Center with injuries …

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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Letter Raises Questions About When BBC Ex-Chief Learned of Abuse Cases
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Media Decoder, Poynter and New York Magazine, more at Mediagazer »


Most Republican States Won't Build Exchanges and That Is a Good Thing — Map showing party affiliation by Governors, current — Now that we have approached what should have been the deadline for states to say whether or not they plan to build state exchanges to comply with the Affordable Care Act …
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Politico

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
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Mediaite, Alan Colmes'Alan Colmes' and Gawker