ed
@edified
ed
@edified
we have to talk about systemic change. We can’t be content with individual actions.
Sun Capital was able to reacquire Friendly’s free of its pension obligations, without spending anything more than the money it had already lent out. Pensioners lost in this process because their payments were at risk of being cut. Many of the chain’s existing employees lost as well: 63 restaurants closed as part of the bankruptcy process. The Blake
... See moreI AM is an ancient name for God that means “I have always been what I will always be,” or, more succinctly, “the self-existent One.”
“The culture we have does not make people feel good about themselves. And you have to be strong enough to say if the culture doesn’t work, don’t buy it.”
When the Blake brothers finally retired, Friendly’s cycled through a series of owners until 2007, when it was acquired by the private-equity firm Sun Capital. Under Capital’s ownership, Friendly’s struggled. Among other things, the private-equity firm piled debt onto the business, and required it to sell and lease back the property for some 160 res
... See moreSome writers have so confounded society with government, as to leave little or no distinction between them; whereas they are not only different, but have different origins. Society is produced by our wants, and government by our wickedness
“I am awake, I see the sun. I am going to give my gratitude to the sun and to everything and everyone, because I am still alive. One more day to be myself.”
Men are anxious to improve their circumstances, but are unwilling to improve themselves; they therefore remain bound