Goldman Sachs and Burger King

[Cael]

Before you go to Burger King again, you should have a look at this video:


[ame="http://www.youtube.com/watch?v=wABI2dwbQMQ&feature=related"]YouTube- Who's Keeping Burger King Workers Below the Poverty Line?[/ame]

[Cassandra Syndrome]

Thanks Cael, yet another stone to throw at the Goldman Snakes. I wonder how much their Credit Default Swap would earn them if Burger King filed for bankruptcy?

[Cael]

Thanks Cael, yet another stone to throw at the Goldman Snakes. I wonder how much their Credit Default Swap would earn them if Burger King filed for bankruptcy?

Goldman Snakes is a good name for them - the lowest form of vipers crawling the earth.

[seenitallb4]

Let's separate a few things out- Goldman never actually needed much is the way of bailout money and both their existing cash balances and accumulated reserves made the bailout money and their losses look like chump change. So on the count of GS being a bunch of incompetents.....not guilty.

The more substantive issue is that by having a trading division and an advisory division, they can essentially play both sides of any market. An equally big problem is the extent to which GS leaders become government leaders and so on. The potential for abuse is enormous and reveals that big business and government are pretty much one and the same.

Turning to the Burger King episode, this should surprise no one at all. GS are a bank and therefore exist to maximize their returns, and since they see themselves as being masters of the universe, it is no big surpise that they show scant concern for things like fairness and deceny, particularly if they are to be applied to the working poor and even more partucularly when they spend huge sums buying off scumbag political whores and getting them elected. AS far as I am concerned, the workers of Burgerking are fully justified in taking massive political and industrial action, and now would be a great time for them to go down to GS hq and start pi$$ing on GS's public image. As a consumer, I would be loath to eat at such a place. The most remarkable thing is that the potential power of the consumer and the worker vastly outweighs the power of any bank, but in practice is much harder to mobolize and deploy against a pre-stacked deck.

[BrendanGalway]

The most remarkable thing is that the potential power of the consumer and the worker vastly outweighs the power of any bank, but in practice is much harder to mobolize and deploy against a pre-stacked deck.

Quoted for truth. Someday, maybe, the ordinary men and women will realise they are the greatest power in the world. And that they are the only ones who will ever attempt to make a difference on their behalf.

[CookieMonster]

Can't beat a Bacon and Cheese Whopper though.

Yum, yum.

[liamfoley]

Isn't this a case of envy? Lets be honest if you are in the top 1% of your class you have a chance of working for GS if you are in the bottom 30% you might be able to hold down a job with BK. The recession is not the fault of GS. If you are somewhere in the middle you can go to college study documentary film making, smoke pot and end up making crap, misleading documentaries.

[Ráth Cúil]

Isn't this a case of envy? Lets be honest if you are in the top 1% of your class you have a chance of working for GS if you are in the bottom 30% you might be able to hold down a job with BK. The recession is not the fault of GS. If you are somewhere in the middle you can go to college study documentary film making, smoke pot and end up making crap, misleading documentaries.

With all respect my Clichéd Greed Apologist pal, if you are in the bottom 1 Billion people in the world who have nothing and are starving you can't go to college or smoke dope because if you did you'd get the munchies and wouldn't be able to buy a bacon-double-cheese burger.

People like you who endorse the greed of the top %1 should spare a thought for the hunger cramps of the bottom %15.

[Ráth Cúil]

Before you go to Burger King again, you should have a look at this video:


YouTube- Who's Keeping Burger King Workers Below the Poverty Line?

I understand where you're coming from completely with this. And the inequality is well shown here

But most brands exploit their workers (some more than others admitedly) and if you were to not go to them or boycott them or have a constant sense of guilt about them you'd:
a. end up living as an eco-warrior.
or b.shopping/eating/socialisng would just be a complete nightmare

It's good to be aware though obviously

[Cael]

I understand where you're coming from completely with this. And the inequality is well shown here

But most brands exploit their workers (some more than others admitedly) and if you were to not go to them or boycott them or have a constant sense of guilt about them you'd:
a. end up living as an eco-warrior.
or b.shopping/eating/socialisng would just be a complete nightmare

It's good to be aware though obviously

Its impossible to boycott all these greedy bastárds in a capitalist society, simply because they own the whole means of production. Its play ball with them, on their terms - or die. But we should, at least, be aware of the criminal reptiles who rule us.