[grundle]

John Kerry prefers profits over people!

[Mouton]

I think we need a few words from Kerry’s wife about this, she has such a wonder way with them.

[knarf]

I thought grape laden terayza sold the business years ago ...

[swpa_mom]

Heinz was taken over by Warren Buffet’s Berkshire Hathaway. The guy who doesnt like profits and the guy who wants to pay more taxes. Warren buffet laid off people.

[txrefugee]

Heinz was sold recently, I believe. Teresa has already cashed her check from her late husband’s share of the sale.

[Paladin2]

Occupy JF’nK’s yacht.

[bert]

He is not associated with the company management

[jsanders2001]

Micron just had a company wide review and cut 5 % of its employees Gestapo style with no warning, bringing in a big security force to ensure there were no nd making them leave, Obama style. Reason? They reviewed their files to see who was the most efficient because they track stats on their employees bean counter style. Those that weren’t were canned. Supposedly they weren’t being quite profitable enough and the company wants to make sure they have enough peofits to invest in more risky investments. Meanwhile families lives were destroyed for profitability yesterday. Welcome to Obama’s NWO.

[BikerJoe]

Actually, Kerry's out of it and the whole thing kinda stinks.

Heinz was doing OK, not great, but profitable, and the board decided to go the private-equity route, so now they have the "promise of great efficiencies to be achieved" AND 24 BILLION in debt that they didn't have before.

[b4its2late]

Prepping for Obamacare.

[sjm_888]

Almost as soon as the plan was unveiled in February to sell the company founded in Sharpsburg more than a century ago to a joint venture of Berkshire Hathaway and 3G Capital, speculation began that the new owners would need to cut costs to make the $28.75 billion deal a good investment.

And Brazilian investment group 3G Capital, where new Heinz CEO Bernardo Hees is a partner, has a track record of trimming headquarter operations, something that happened both at Burger King and Anheuser-Busch when 3G took over those companies. Mr. Hees, formerly CEO at Burger King, took over at Heinz on June 7 when the sale went through.

Where do you get John Kerry has anything to do with this?

[North Coast Conservative]

Good Morning, Lurch has nothing to do with it. As much as I dislike the man you can't lay this at his feet.

Teresa's money came from John's estate, and neither she or Lurch have anything to do with the running of the company.

This is a Berkshire Hathaway issue, but the good reputation of former management will be besmirched by the BH experts :(

[FroggyTheGremlim]

The Post-Gazette is Pittsburgh's liberal rag. They endorsed Obama twice.

The Tribune-Review is much, much better, but their subscription base is a lot smaller.

Pittsburgh is a Democrap stronghold still.

[grania]

The problem has been all along that nobody cares until it's their job. When manufacturing jobs were outsourced, there was no call for tariffs. Why, everyone was going to go to college and become a tech genius. When middle management got laid off it was "let them be teachers". When low income workers lose their jobs to the invasion, they're paid off with government handouts.

The problem is globalism and the massive dominance the elite have over wealth and assets, globally. To them, workers are a cash crop to be exploited for profits and power. The global population is much larger than necessary. We've seen a real culling of both the super rich and middle classes, too many people having any assets or power was not good for the puppet masters.

The only way it ends is the collapse of globalism. Some areas will persevere, by the talents and hard work of residents. Other areas, not so much.

[onedoug]

What’s the skinny on Hunts?

[dalereed]

“John Kerry prefers profits over people!”

Any business that doesn’t put profit before people doesn’t deserve to exist!!!