http://www.arktimes.com/ArkansasBlog/archives/2013/01/03/hormel-foods-buys-skippy-peanut-butter-for-700-million Comments On: UPDATE: Hormel Foods buys Skippy Peanut Butter for $700 million by Max Brantley en-us Copyright 2013 Arkansas Times. All rights reserved. This RSS file is offered to individuals, Arkansas Times readers, and non-commercial organizations only. Any commercial websites wishing to use this RSS file, please contact Arkansas Times. robert@arktimes.com (Arkansas Times Webmaster) Thu, 23 May 2013 00:00:01 -0500 Thu, 23 May 2013 06:30:00 -0500 Foundation http://blogs.law.harvard.edu/tech/rss Posted by eLwood]]> Thu, 03 Jan 2013 17:12:36 -0600 Arkansas Times Posted by the outlier]]> Thu, 03 Jan 2013 16:32:33 -0600 Arkansas Times
"Your job is safe, the sale/merger/acquistion will only affect some other plant somewhere else." Yeah right!

Over my career I have seen scores of releases by companies assuring all concerned, employees and customers, that "nothing will change" blah blah blah.

Normally the place trudges along in limbo for 11 to 18 months, then BOOM! The pinkslips fly.
Posted by Citizen1]]> Thu, 03 Jan 2013 14:47:42 -0600 Arkansas Times Posted by louie]]> Thu, 03 Jan 2013 14:09:14 -0600 Arkansas Times Posted by Gylippus]]> Thu, 03 Jan 2013 12:53:12 -0600 Arkansas Times
Almond nuts.

Louie has been too close to that coal smoke snack so i have to help him with some confusing things.
Posted by Citizen1]]> Thu, 03 Jan 2013 11:59:10 -0600 Arkansas Times Posted by the outlier]]> Thu, 03 Jan 2013 11:12:16 -0600 Arkansas Times Posted by louie]]> Thu, 03 Jan 2013 11:02:15 -0600 Arkansas Times ...Another Product of ....Uranus.
Posted by Self Appointed Arbiter]]> Thu, 03 Jan 2013 10:50:38 -0600 Arkansas Times
When international conglomerates start acquiring and such, the local "little people" can only hang on and hope for the best.

I am reminded of an old African proverb, when elephants scuffle, grass dies!

No amount of TIF money, infrastructure improvements, training funding etc can slow the fleeing of international conglomerates.

The acquiring/merging of international or national conglomerates simply PROVES that cuting taxes will not create a single job.

These corporations have so much money sitting around that they would rather buy a completely nonrelated company than upgrade existing plants. (Meat place buys peanut butter place).

The ONLY thiing that creates a job is "a customer, willing to buy with the ability to pay."

Hormel has a billion sitting around and is now spending 3/4 billion to buy into a peanut producer instead of expanding a meat place it owns or opening a new one.

Cut Hormel's taxes and it will still not expand meat, it will buy up something else. (No new jobs)

Supply side is complete BS.

Only DEMAND will create jobs!

At least the bastardized phrase "Job Creator" has been abandoned for the most part. Instead of it being a verb (action word) the term "Job Creator" became an adjective describing income level.

A big surge in merger/acquisitions will continue and Bain Capital types scarf up companies, strip off and sell little pieces and then dump the rest drowning in debt to slowly die.

A couple Yale Business grads (Mitt) or Warton Business grads (Trump) will make a 100 million, and 30 year workers will dumped into unemployment rolls "entitled" to gov't insurance.

Private gets the Profit and Public gets the Loss.
Posted by Citizen1]]> Thu, 03 Jan 2013 10:35:51 -0600 Arkansas Times