Here's the headline: "Toys "R" Us liquidation could cost tens of thousands of jobs"

Toys "R" Us is expected to start court proceedings to liquidate as soon as Thursday. That's a first legal step in moving to close all of its 850 brick-and-mortar stores in the U.S. -- and to lay off up to 33,000 workers.

So, let's see if Orange Julius Caesar thinks they're worth saving; the way coal miners and steel workers are. Ya think may be not????

Views: 122

Comment by alsoknownas on March 14, 2018 at 7:49am

Benedict Donald won't help.

Maybe if it were "Adult Toys 'R' Us" he might get involved.

Comment by J.P. Hart on March 14, 2018 at 7:59am

Existentialism, Accordions, Pi }or{ Hindsight is 20/20

Here's a 4YO stat...Let's see: 64(33)=slow parade of attrition!

How much is Toys R Us worth?
Toys "R" Us
Type Private
Products Toys Clothing Baby products
Revenue US$12.4 billion (2014)
Owner Kohlberg Kravis Roberts Bain Capital Vornado Realty Trust
Number of employees 64,000
11 more rows

Comment by Robert Young on March 14, 2018 at 8:54am

well, it's clear that his intention is to degrade the prosperous Blue States into antebellum Red States as fast as he can.

Comment by Robert Young on March 14, 2018 at 10:45am

but he is... so far as he's concerned the only **real** USofA is in the most scarlet of states.  those states are stuck in the 19th century mentality, and "left behind" just because those citizens elect fascists who keep them dumb and breeding.  that worked fine, for some definition of "fine", when the country was mostly agrarian.  his zealots still live that way.  as some, including HRC in the last few days, have pointed out:  she won states that produce 2/3 of the country's GDP.  ouch.

Comment by Robert Young on March 14, 2018 at 11:43am

kind of, point taken.  but he does care about the scarlet states to the extent that he can't govern, for some definition of govern, or get re-elected, assuming an impeached and removed person can run for president, without them.  his real base is about 30%.  he has to continue to flummox the scarlet states.  he needs them far more than they need him.

Comment by Ron Powell on March 14, 2018 at 12:12pm

The way you save places like Toys R Us is to do what Koshersalaami has been preaching: Give the average workerr enough cash to buy the stuff that they sell...

"It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country."

----Franklin Roosevelt's Statement on the National Industrial Recovery Act 
June 16, 1933

Comment by Robert Young on March 14, 2018 at 12:33pm

and here's, so far as I know, where he got that:

As mass production has to be accompanied by mass consumption; mass consumption, in turn, implies a distribution of wealth -- not of existing wealth, but of wealth as it is currently produced -- to provide men with buying power equal to the amount of goods and services offered by the nation's economic machinery.
-- Marriner Eccles

Eccles worked for him, and so far as I can find, the Eccles quote is from 1932.  the quote is part of the preamble to another version of these missives.

Comment by koshersalaami on March 14, 2018 at 9:40pm

Bain Capital? If that’s real information, that explains a lot. They buy companies, load them up with debt they already have, then sell off divisions. 

Comment by Robert Young on March 15, 2018 at 5:31am

Bain was run by Romney, the adult Republican.  whether he was involved with Toys, I haven't dug up.


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