First news: Cerberus offers 9.+00 Billion for Safeway Reuters) – Safeway Inc , the second-largest U.S. mainstream grocery store operator, said private equity firm Cerberus Capital Management would acquire the company in a deal valued at about $9.4 billion.
Prediction: The Cerberus deal stands, Safeway is bloated with 6 figure salaries of people who do nothing. *Don’t ask them, they will tell you how smart and hard they work but do not believe it. I once heard that at the California headquarters they have over 300 people making 200k+ a year and some of those people have assistants 4 deep! Safeway culture is to act like an ostrich to hide from problems and kiss every ass offered without question- look for axe man management! Safeway will lose 1/3 of their operations by late 2015.
*“I worked 99 hours!”
America- Obama is transforming the country as promised (2 more years + to go). The decline must be stopped by the 1/3 left OR grab your fiddle and burn baby burn! Come on! Like Romney or McCain was going to be any different- A big FU to all the “blue blood” republicans that can’t wait to control the IRS themselves and make sure that their own pet projects and friends reap the rewards.
But, according to Gore the world will end due to global warming in less than 2 years so who cares?
So, if I see you on the front lines, good for us!, if not, GFYS.