Claudia1
Robert ReichIs there a better definition of corporate greed than a Warren Buffett-owned railway refusing to provide workers with sick leave despite the company reporting a net income of nearly $6 billion?
MB@rbreich Wow! That's terrible. The lack of compassion is exactly what's wrong with this world. Thanks for continuing to point this out and letting people know it doesn't have to be this way - it's a choice!
Its Not A Hoax 🤞@rbreich
It's the monopolies.
It's the monopolies.
WeAre Rosie@rbreich Buffet tries to come off as a good guy, but he's a piece of shot capitalist just like the rest of the useless bloodsuckers.
Dan Aint Q
Liza Brings@rbreich yes, buffets folksy image (pbj every day, lives is same old house in Omaha) is a thin veneer. Give it a scratch or 2, and same old greed.
Doctor Tiempo@rbreich paying 44Bn for twitter and not 6Bn for world hunger.
Hugh Young-Bish@rbreich
So what happens when the workers take time off sick? Do they lose their jobs, or "just" their pay?
So what happens when the workers take time off sick? Do they lose their jobs, or "just" their pay?
Anbetter@rbreich tbh we have worse people to litigate.
Unprecedented 2023@rbreich Isn’t he a huge philanthropic guy? But Don’t want to pay workers!
ImJulesWard@Mallulady @rbreich Can confirm. Buffett is definitely philanthropic — look up Sherwood Foundation.
I’m guessing someone else in his organization is making the rail decisions. Warren is getting old enough to be out of operations at almost any level. Not giving him a pass, just saying let’s look closer.
I’m guessing someone else in his organization is making the rail decisions. Warren is getting old enough to be out of operations at almost any level. Not giving him a pass, just saying let’s look closer.
dingodog@ImJulesWard @Mallulady @rbreich Buffett makes a point of staying out of operations. He buys companies he thinks are well-managed then gets out of the way.
That doesn't clear him of responsibility but it isn't his direct decision.
Paul Murphy@rbreich - Ima say “no.”
Steve@rbreich What a shock to find out he wasn't benevolent after all. My jaw is agape.
StephenESherman@rbreich Just had a huge debate with my wife. You should verify your website, or she's gonna keep insisting that you might have been hacked, and this account isn't really you! :)
SueD@rbreich Gee, would love to see how much they paid in taxes, relative to the profit 🤷🏻♀️
David Silva@rbreich No sick leave at all — not even unpaid sick leave? It seems impossible.
Frank Wheeler@rbreich disappointed with Buffett.
Party SamThis year has been generous with disappointments, I'd say.
Fred C. Trump (dead/deceased)@rbreich If you want to shrink a man's heart, fatten his wallet.
@rbreich your summary is an oversimplified statement of the problem, as you probably know.
Rob Honeycutt@rbreich
This is a little misleading on a couple of points, Robert.
1) It would be a Berkshire Hathaway-owned company rather than Buffett
2) BH doesn't actually manage the companies they own, each is independently managed
Note: Buffett has long been a proponent of a billionaire's tax
💡𝚂𝗆𝖺𝗋𝗍𝗆𝖺𝗇 𝙰𝗉𝗉𝗌📱
Suzanne Madron@rbreich makes you wonder when the Dickensian seasonal ghosts come in and chat with the heads of these companies.
svatos@rbreich no, no there is not. Disgraceful.
Bob CollinsBuffett usually leaves the operations of his companies in the hands of powerful executives.
Unlike someone else we know.
However, Buffett is ultimately responsible, so we will see how this labor negotiation goes.
John BaileyJeff Bezos and Elon are still in the running, here.
Jude🇵🇸
Voron@rbreich well there is the Twitter alternative “post news” slipping in the you can’t pick on billionaires clause in their user agreement so they can control the new platform for journalists after a lunatic billionaire crushed Twitter 🤷♂️
Steve Bannon's Mullet@rbreich I'm barfing now, in my mind. Ugh.
Peter PrincipleMusk: "Hold my Diet Coke."
tang
Googies@rbreich that's why there's so much pressure to kill all Unions... unions paved a way and a precedent... Now, it's the fake American dream, work harder, you'll achieve it ...
...when you're dead.
Corporate greed and policies flow from the conservative belief that employers are above employees. Moreover, conservatives believe that nothing should get in the way of a company's ability to maximize a prophet.
@rbreich Buffet isn't involved in operating the businesses anymore but I do hope he's better than this.
carodjah!✨at the disco✨@rbreich @Ody how about Buffet-owned trailer home businesses trapping people in contracts they change on a whim and hauling people’s houses away while they’re at work? https://publicintegrity.org/inequality-poverty-opportunity/warren-buffetts-mobile-home-empire-preys-on-the-poor/
Warren Buffett’s mobile home empire preys on the poor
Key findings: Clayton Homes, owned by Warren Buffett’s Berkshire Hathaway, makes more mobile home loans than any competitor by a factor of six. Warren Buffett’s Clayton Homes operates under at least 18 names, leading many buyers to think they’re shopping around. Warren Buffett’s Clayton Homes lends at interest rates that can top 15 percent, and […]
Blue in a Red World@rbreich Do you have an annual profit percentage?
Sean Blinn 🇺🇦@rbreich Denial of sick leave is bad enough (I have had - and left - jobs that did that), but during a pandemic? With infectious disease spreading like wildfire? Shows that the billionaire class thinks life is secondary to profit.
𝔸𝕥𝕝𝕒𝕟𝕥𝕚𝕔 𝕁𝕠𝕟 حرية حياة المرأة@rbreich my husband, a programmer, worked for a Buffet company in Wash DC between 2006-2009. The work phone and computer monitor were from the early 1990s. He ended up taking in his own monitors (x2).
As they say, the rich stay rich by not spending money.
As they say, the rich stay rich by not spending money.
ex or current IDF unwelcome@rbreich How about a UK Prime Minister implicated in a US rail freight case.? https://www.theguardian.com/politics/2020/mar/08/rishi-sunak-took-part-in-controversial-us-corporate-raid-case
Robert G Peters@rbreich
My step father was with BNSF for 56 years. He always had great pay and great benefits. My mother still enjoys them. ( Retirement & healthcare)
One thing I noticed about railroad workers while he was the union steward was the greed and entitlement of the workers in general. They made six figures in the 80’s but thought they were worth more.
Some advice from years ago.
“Don’t price yourself out of a job “
My step father was with BNSF for 56 years. He always had great pay and great benefits. My mother still enjoys them. ( Retirement & healthcare)
One thing I noticed about railroad workers while he was the union steward was the greed and entitlement of the workers in general. They made six figures in the 80’s but thought they were worth more.
Some advice from years ago.
“Don’t price yourself out of a job “
Steven@rbreich I guess making employees take paid vacation time, if they even have any, instead of paid sick time is a Heartland Value. I think I missed that one.
Mystalope@rbreich also Corporate stupidity. In the long-term, poorly treated workers will reduce the efficiency & effectiveness of any business, it’s not a sensible business model. Greed is always short-term.
Clara Listensprechen