Twinkies

When the US auto industry was in jeopardy four years ago President Obama stepped in with a bailout package. Now it's the American junk food industry that's in peril, with Hostess Brands closing up shop and heading for liquidation, and some want Obama to take an even more drastic step. Daniel B. of Kansas City has started a petition for the president to "Nationalize the Twinkie industry."

First Kodak, and now another American legend files for bankruptcy.  According to the Wall Street Journal if the Hostess Company and Unions can't come to a compromise those cream filled Twinkies and other delicious products could be a thing of the past.