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Comment: Just ran across this article where Matt Taibbi

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Just ran across this article where Matt Taibbi

weighs in on the Hostess situation.

Matt is often spot on in identifying issues-check out his scathing criticism of Goldman Sachs.
However his recommended solutions are in my opinion totally off base -more government to regulate out of control capitalist entities.

In the hostess case, Matt perhaps rightly points out that Hostess was mismanaged. He may be right. But so what? what is to be done? MAKE Hostess smarten up via court order so they can learn how to compete so they don't have to fire any one?

Here is the story

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