Showing posts with label Bain Capital. Show all posts
Showing posts with label Bain Capital. Show all posts

Sunday, September 30, 2012

Beer and Tangled Choices in an Era of Hidden Ownership




By Gary Berg-Cross

OK I’ve known about political and ideological divides on beers for a long time.  Coors Brewing Company has been funding conservative causes for decades.  Now comes  charts from the National Journal, based on Scarborough Research’s 200,000 interviews with American. The bubble chart results shows where various brew falls along the political spectrum on one dimension and measures likelihood of voter turnout along the other.  Sure Coors Light is there for Republicans, but so is one of my favorites Blue Moon. Oh wait that’s also a Coors Brewery product.  Heineken is more of a lefty brew, most strongly associates with Democratic stance.  Check for it at your neighbor’s next party. But the charts show it doesn’t associate with voters likely to turnout! More potent left-leaning beers include Corona, and of course the Canadian Molson is associated with high voter turn out. But wait Coors merged with Canadian brewer Molson in 2005!  You can’t easily escape those Coors tentacles. Maybe it helps to know about union made beers.

OK, so that's what we know about voters.  What do we know about companies that own products like beer?  So many product brands with only a hint of who is behind the ownership curtain and what their values are.  It does raise an uncomfortable question in a “free market” system - who am I implicitly supporting when I buy something? Or perhaps what values, like a decent wage or worker’s rights am I supporting when I buy something?

It’s not a simple question with a single item or arithmetic value answer. Coors Brewing Company consciously "greenwashes"  itself in some progressive concepts that belie deep, conservative behavior. So it was one of the first corporations in America to offer same-sex partner benefits, and it makes corporate donations to a variety of African American, Asian American and Hispanic organizations.
But it is also is in the  union-busting as it steamrolled a serious boycott of its products when the union at the Coor’s flagship Colorado facility went on strike.

There’s clearly a lack of transparency about the products we buy and who’s behind then, but with conglomerates there’ not exactly easy knowledge of who is behind the products we buy. 

Which leads me to Bain Capital (I could have equally asked about Koch Industries) .


What products that we buy are at least partly owned by Bain?  Since its inception, Bain has invested in or acquired hundreds of companies. Among them are some ones that we see and frequently in a normal week.  These include: 



Burger King, Clear Channel Communications, Domino's Pizza, Dunkin' Donuts, The Sports Authority, Staples, Toys R Us, Warner Music Group and The Weather Channel.
Sure some, like Clear Channel are clearly illiberal, but others seem neutral.  But according to a recent report by the National Employment Law Project (NELP), many of the fifty largest minimum wage employers in the country are either currently owned or have been owned by Bain Capital in recent years. These include:

#17: Dunkin’ Brands, which owns Dunkin’ Donuts and Baskin Robbins and is currently owned by Bain Capital. U.S. workforce: 132,000 employees.
• #25: Bloomin’ Brands, which owns Outback Steakhouse among other causal-dining restaurant chains and is currently owned by Bain Capital. U.S. workforce: 85,200 employees. Incidentally, this company is reportedly  trying to lower the minimum wage in Florida.
• #45: Staples, Inc., for which Romney provided investment funds back in 1985 and served on the board for over a decade. U.S. workforce: 32,991. It’s often cited as one of Bain’s success employment and turn around stories.
• #20: Domino’s Pizza, Inc., owned by Bain Capital from 1998-2010. U.S. workforce: 98,220.
• #7: Burger King, acquired by Bain Capital from 2002-2010. U.S. workforce: 191,815.

According to the article Romney Economy: Too Few (American) Jobs, Too Little Pay these 5 companies alone account for about half a million workers.  — part of the 47% perhaps who work for around  $7.25 often with little or no benefits, like sick days. Sure, they grow companies profits which are funneled to Bain Capital investors like Romney and they produce “wealth’ there.   

But is that good enough for a humanist, opportunity society? Does it affirm an open, pluralistic, upwardly mobile and democracy society?  One might doubt it reading something like Russ Bellant's The Coors Connection How Coors Family Philanthopy Undermines Democratic Pluralism.
 Does it help to guarantee a protection of human rights from wealthy,  authoritarian 1% elites? All part of the mix of values tangled in our choices of beer, burgers, blooming onions and climate forecasts in our free society.

Image Credits
Bain: http://www.baincapitalprivateequity.com/
Burger: http://mbcalyn.com/tag/bain-capital/
Coors Connection undermining pluralism: http://www.paperbackswap.com/Coors-Connection-How-Russ-Bellant/book/0896084167/ 
union busting: http://mariopiperni.com/republican-politics/union-busting.php

Sunday, July 15, 2012

Would you Like some Lettuce with my Answer?


By Gary Berg-Cross
Word Salad (aka verbal salad) is a phrase to describe a rather jumbled manner of speaking or writing. The words are organized in free flowing ways that for most of us don't form or communicate a meaningful idea. They are like ingredients in a tossed salad. In graduate school I was introduced to this as sympathetic of schizophrenic speech. In other words diagnostic evidence of a mental disorder. Indeed the 3 positive symptoms of schizophrenia are:
1. disorganized thinking such as delusions of grandeur or persecution
2. disturbed perceptions such as hallucinations and
3. disorganized speech – our verbal salad
There often seems some associative nature to a word salad such as
“backward, TV, new, Japanese, movie.”
,
At times some poetry has the free flowing associative feel that can seem like a word salad, but it has overall coherence, consistency and associative insight that people find in the passage below from Gregory Corso’s "Marriage" which stays on it’s marriage theme:
" Should I get married? Should I be Good?
Astound the girl next door with my velvet suit and faustaus hood?
…….
How nice it'd be to come home to her
and sit by the fireplace and she in the kitchen
aproned young and lovely wanting my baby
and so happy about me she burns the roast beef
and comes crying to me and I get up from my big papa chair
saying Christmas teeth! Radiant brains! Apple deaf!
God what a husband I'd make!"
Corso was a key member of the writers Beat movement that consciously aimed at convention-breaking, novel use of words and testing the bounds of appreciative comprehension.
I was reminded of word salads that break “conventions” of the non-poetic form listening to a politician’s answer to a question recently. It hardly matters who, since it is a wide and growing phenomena. Well, OK it was Bob McDonnell, anti women's rights Governor of Virginia, who when asked something, I think about the Bain capital issues, responded with a barrage that changed the topic to another direction:
“I lived in the places the president went this weekend,” …. “I lived in Green Run in Virginia Beach. I lived in Glen Allen in Henrico County. I know the people in those neighborhoods. They don’t much care about Bain Capital or Mitt Romney’s tax returns. They care about getting people to work, getting people out of debt and having bold leadership on energy, so if the president wants to continue to talk about things that aren’t that important, he’ll have to make that decision, but for me, for the Romney campaign, I’m going to talk about things Virginians care about.”
How much better it would be in a society where people can respond to a question rather than push out talking points.I hope that the media will play the role of fact finder and insist on fair, logical analysis and coherence on the issues. Here's to critical thinking. But I what I see now is more of an inability to handle the spin.
Confusing, spin non-answers may be on the rise in states like VA where there is much at stake this Fall. A prefiguring of this might be what we heard and saw in Wisconsin’s recall effort earlier. Word salad from Wisconsin State Sen. Frank Lasee, (R-De Pere), circulated in May that seemed to one writer to equate recall petition signers with tax delinquents. The full text is at the end of this blog. To rational analysis and the fact-based community it raises more questions than answers and defies simple logic or conventional math. It does, however, have that coherence needed to satisfy that low hurdle of confusing issues about who is using shame to what purpose, getting in emotional phrases about “good neighbors” and talking points on taxes. Here is an example on the reason about taxes, see if you can diagram the logic here and get back to me:
"These are the people, when asked how local governments will pay for these elections say 'Tax the rich! They need to pay their FAIR SHARE!' Apparently that means 'We don’t have to pay, so they can pay more.'”
All this is within a buffet style that provides unhealthy heapings for ideologs. You get climate change thrown in to the recall effort. What fun when pols get to mouth off like 8th graders. It’s the political form of word salad, but mixed with delusions, denials, mis-perceptions, half truths and disturbed perceptions. Dare we say it is schizophrenic-like or light. It’s not filling, but some will call it a dysfunctional meal.



This is What Hypocrisy Looks Like! (according to Frank Lasee)

Have you ever had your lawn get away from you for a while? Maybe your kids have a dance recital or you have family coming into town and you just didn’t have the time to mow it?

Eventually, if it gets so bad, your neighbors start to give you dirty looks, and rather than have your neighbors resent you for making the neighborhood look bad you get out the old mower and get to work.

Technically, if you live in town, there is probably a law that says you have to mow your yard, although I doubt the thought crossed your mind when your neighbors were giving you the eye. Your neighbors were using a powerful tool, called shame.

Meet the recallers. They've developed a powerful antibody to shame.

Over the next month, state and local governments will pay $17 MILLION because the left didn’t get their way. It's a funny coincidence that some of the people that signed the recall petitions just happen to owe over $17 MILLION in back taxes and that's only part of the recall list!
These are the people, when asked how local governments will pay for these elections say “Tax the rich! They need to pay their FAIR SHARE!” Apparently that means “We don’t have to pay, so they can pay more.” They don't care about spending other people's money on recalls. They are shameless.

Of course, not everyone who signed a recall petition owes back taxes, and I’m sure there are a few Walker supporters who aren’t completely paid up either, times are hard. The difference is those Walker supporters aren’t asking everyone else to pay $17 million dollars because they didn’t get their way, so they can have a "do over".
In total, these Recallers have cost the state $34 Million dollars, and then they have the nerve to talk about “fair share.” That’s $34 Million that won’t be spent to pay teachers, $34 Million that won’t help sick people with medical care, that's $34 Million that won’t go back into Taxpayer pockets.

Many local governments could wind up short this year because they didn’t budget for the recall elections. Town and city governments don’t have a lot of extra money lying around, and this is going to have a big impact on the money they have to repair roads, to pay snowplow drivers in winter, to provide all kinds of services.
For safety’s sake, let’s hope Global Warming hits really hard this year! I like the Carolina winters.
Although shame doesn’t work on everyone, it can do some serious good. When I was in the legislature I authored the law requiring the Department of Revenue to start the Taxpayer Website of Shame. This goes back to the lawn mowing. If your neighbors know you’re not paying your taxes, you might be a little more likely to pay them……
Photo/Image Credits
False: http://www.bonamiciforcongress.com/2011/11/14/oregonian-confirms-cornilles-attack-false/