Showing posts with label economic crises. Show all posts
Showing posts with label economic crises. Show all posts

Friday, June 19, 2009

Are Trustifarians Endangered? We can only hope....

According to this article in the NY Times, "Trustifarians" are being hit by hard times brought on by their families' gambling on the stock market and on bad mortgage securities. "Trustifarians" are also known as "Trust Fund Hipsters", "Hij@s de Papi", "Subsidized Loafers", and other affectionate names.



Oh no! What will that artists-that-has-never-sold-any-art-but-lives-in-a-flat-in-the-mission-previously-rented-by-working-class-tenants do? Or what about the loafer hipsters who like to sit at Ritual Coffee on their computer all day, even though they have internet at home? I mean, who will wait an hour for mediocre food at Boogaloos? Will these Trustafarians be able to get a job and make it through four hours without "twittering" or taking artistic yet aloof pictures for their facebook/myspace profiles?

As a show of solidarity we can give them a gift bag of job applications, coupons, and fashion tips, such as don't wear your faded/yellow "Keep on Truckin'" t-shirt to a job interview and leave the ironic 80's fashion at home.



At this very moment capitalism continues to collapse onto itself, people continue to loose their jobs & homes, and the pinche mayor (gruesome newsom) is hells bent on gutting services for the poor and for the ill. The people of San Francisco are fighting to keep these services which people depend on every day. The least of our concerns is whether or not the offspring of the ruling class will have to move back with their parents or if they will have to confront the reality of 40+ hour weekday.

Welcome to our economic reality, Trustifarians. It's going to be a bumpy ride.

Tuesday, March 24, 2009

Mission District Hershey's Plant Threatened with Closure, While The Co. Increases Profits

So while there's talk and real fear of the Hershey's chocolate plant closing in the Mission District on 16th & Folsom, laying off over 100 local workers..."Hershey's profits rise as economy slumps"

The following is an excerpt from a news report that came out back in January talking about the banner year that Hershey's is having despite the economic crises.

"The company reported Tuesday that 2008 sales reached $5.13 billion, up 3.8 percent from its $4.95 billion in 2007. The company also was more profitable in 2008, making $311 million, compared with $214 million in 2007.

"Most food companies in 2008 did well," said Christopher Shanahan, a research analyst with Mountain View, Calif.-based Frost & Sullivan. "Hershey was definitely one of the leaders."

Hershey Co. CEO and President David J. West said the financial numbers show the company's strategy is working."


Peep out these links on how the French are getting down and radical: "United against the crisis, defend employment, spending power and public services."

French workers take manager hostage over job cuts

BBC News Video of People Taking to the Streets