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199
The real reason why Red Lobster went bust. (twitter.com) - SHRIMP SCAMPI SALT -
posted 2 years ago by bubble_bursts 2 years ago by bubble_bursts +199 / -0
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▲ 46 ▼
– UpwardBound 46 points 2 years ago +46 / -0

A lot of the evil in the world keeps going back to the bankers. They use their wealth to manipulate and do whatever they need to, to accumulate more wealth.

Wealth and power are used to enslave people, so the rich elite can gain more wealth and power. And it's all legal, because they are the ones that control the government, to make it legal.

But they fear the masses. In order to stay in power, they must remain in the shadows. People, if they are united, have more power than the elite. People have the capacity to change laws, if there are enough people to work together.

Here comes the Great Awakening. Q. Trump. Waking up the masses.

The filthy rich elite have exposed themselves by delving into severe evil abuse of humanity, in their occultic practices. Adrenochrome, human sacrifices, pedophelia, etc, etc. Trumps EO, targeting severe human rights abuses, means we can take it all back.

Lets go, Patriots!!!

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▲ 15 ▼
– redtoe-skipper 15 points 2 years ago +15 / -0

That is correct. The way mediums of exchange are used determines the outcome. And what a bloody mess that is.

I was given a very interesting book a few days back called: The bank in Europe. (2)

This book details the history of banking over time. Though, I am especially interested in knowing about the loan the Vatican took out with "Genuese Merchants" in the 12th century, collatoralizing the Church' s income (income from land, and indulgences (3), the latter as one of the causes of the Reformation) (see footnote (1)), the picture it paints is on the one hand, the facilitation of commerce, of course, and on the other the power-play that underlies all major events through time.

The move to have futures/options contracts on Crypto currencies actually creates the same dynamic as in Gold and Silver, and other fiat currencies, or the type of behavior hedge funds are showing.

Now, I am not saying that a trader confronted with consequences beyond his control of decreasing value, has no legitimate interest in evading risk. But the weaponization to achieve a goal beyond that is disruptive, and creates only one incentive: to make money with money, instead of making money with production.

And this all comes down to the erosion of the interest prohibition, exacerbated by the fiat money system, where the currency supply is increased by mere credit creation out of thin air.

The book shows how such a system is a natural outgrowth, one solution causing the next. However, these so called solutions are "willed", and causing a major transfer of wealth from the people to just a few hands.

footnotes:

  1. "Public Debt through the Ages" Prepared by Barry Eichengreen, Asmaa El-Ganainy, Rui Pedro Esteves and Kris James Mitchener Authorized for distribution by Valerie Cerra January 2019: https://repository.graduateinstitute.ch/record/296859/files/Esteves.pdf

  2. https://www.uwkringding.be/data/auction/1_IMG_9118%20(2).jpg

  3. The word: "doodpandbelening" here used is transliterated as: death-pawn-loan, causing the fruits of the collatoral (pawn) be handed over to the loan-giver by the loan-taker, meaning usofructo. Hence, the word now used is: mort-gage (death promise) or hypothecate: pledge, promise, pawn (the latter is interesting in terms of freedom to express and act upon your own will)

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▲ 3 ▼
– RandoMando2A 3 points 2 years ago +3 / -0

You might be interested in Fruit From a Poisonous Tree as well fren.

https://a.co/d/1uQHAjD

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▲ 1 ▼
– AmateurExpert 1 point 2 years ago +1 / -0

Do you have a link to The Bank in Europe?

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▲ 2 ▼
– redtoe-skipper 2 points 2 years ago +2 / -0

Unfortunately, there is none as of yet. This book is a locally issued book in Dutch only. ISBN-number: 906153254x

To buy: https://www.boekwinkeltjes.nl/b/150503240/de-bank-in-europa/ https://www.marktplaats.nl/v/boeken/geschiedenis-wereld/m2116518054-boek-de-bank-in-europa-25-eeuwen-bankgeschiedenis-bankwereld

There are some interesting pdf's concerning Sumerian banking practices. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2377309

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▲ 10 ▼
– DMJT70 10 points 2 years ago +10 / -0

They are willing to genocide massive numbers of people (Covid, carcinogens in products and foods and then sell you the cure that also kills)to keep and grow their wealth. And that’s just Food and Drug industries. I put absolutely NOTHING past these demons.

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▲ 6 ▼
– bubble_bursts [S] 6 points 2 years ago +6 / -0

Well said, fren.

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▲ 5 ▼
– TheTroof 5 points 2 years ago +5 / -0

They own the elections, and the people who are put on the ballot. That is hurdle #1 we have to get over. Without free and fair elections, they can do whatever the hell they want.

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▲ 2 ▼
– deleted 2 points 2 years ago +2 / -0
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▲ 18 ▼
– Gmlogmd1776 18 points 2 years ago +18 / -0

Bastards. I am going to miss those biscuits.

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– DMJT70 2 points 2 years ago +2 / -0

Kek. But they are really easy to make.

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▲ 15 ▼
– Pbman2 15 points 2 years ago +15 / -0

Called it yesterday.

The media always lies.

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▲ 13 ▼
– Hope4thefuture 13 points 2 years ago +13 / -0

When I was young there were almost no restaurants and few fast food places. Our mothers cooked, and maybe once a month or less, we went out to eat. Many times it was to an Amish restaurant. We had few McDonalds. The suburban city I live in has at the least: 3 fast food chicken places, 3 burger places, 6 sub shops, 3 pizza shops, 1 Chinese buffet, 1 Panera, 1 roast beef, 1 Applebee’s, 1 Chilis, 1 steak place, 1 sit down hamburger/rib place. We are not a large community. Surrounding us are cities with equal numbers of similar fast food places. Is it any wonder people are so obese! Food stamps should only cover meat, fish, poultry, cheese, milk, fresh fruits and vegetables. No prepared or frozen, or snacks should be covered.

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▲ 16 ▼
– TheTroof 16 points 2 years ago +16 / -0

No sodas should be covered. Liquid sugar should be the first thing taken off the food stamp list.

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▲ 8 ▼
– Hope4thefuture 8 points 2 years ago +8 / -0

Absolutely. No sodas, nothing with artificial sweeteners, no boxed potatoes, no frozen prepared, no lemonade, no artificial juice drinks. Only pure food, as pure as it can be with pesticides and fertilizers!

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▲ 3 ▼
– deleted 3 points 2 years ago +3 / -0
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– Saltyarmyanon 1 point 2 years ago +1 / -0

I suspect they were not happy that they couldn’t make red lobster switch from pure healthy butter oil to inflammatory seed oils. People were not succumbing fast enough eating all that seafood and they can’t substitute it with bugs or fake meats. So in the trash with that company - they were useless for agenda 230

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▲ 1 ▼
– Hoosierdaddy 1 point 2 years ago +1 / -0

When people are pinching pennies like they are today, they get whatever they can afford. And you know as well as I do, the cheap stuff isn't healthy. Yeah growing a garden and hunting/gathering all sounds good, but not everyone has the knowledge or the land to do that kind of stuff. It's kind of a lose lose situation in a way. I can sympathize with these people because I'm kind of in that same boat. And that's not even accounting for what they put in the food that makes it addictive and unhealthy. I dunno man, I just feel like we need a complete reset and God is the only one that can fix that.

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▲ 1 ▼
– Hope4thefuture 1 point 2 years ago +1 / -0

The government should add a health care tax on to the sales tax at these fast food places! Just kidding, we don’t need more government interference!

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▲ 11 ▼
– unruly 11 points 2 years ago +11 / -0

He speaks the truth. Bob Evans and a whole slew of restaurants bought up by hedge funds will be headed down the same path shortly. Look out for Olive Garden (yuk) and their never ending breadsticks, can't wait to see the MSM reaction to that one!

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▲ 3 ▼
– AmateurExpert 3 points 2 years ago +3 / -0

This is going to free a lot of low skill diligent workers up to help on industry and land - productive work.

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▲ 2 ▼
– Saltyarmyanon 2 points 2 years ago +2 / -0

I wonder if we can still try and save it GME style…

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▲ 8 ▼
– DragonNRG 8 points 2 years ago +8 / -0

The worst thing about the way stuff like this is reported, and really the news in general, is how often they go to the well with the "many are saying that the reason is blablabla" gimmick. That way it's not even like you can say the person writing the article told you. "But I'm just reporting that MANY ARE SAYING it's because of the endless shrimp deal!" There's endless examples of this in other news articles. I'm only mentioning it here because I read the article on Red Lobster on Food & Wine and they went the "many are saying" route with the reporting.

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▲ 3 ▼
– deleted 3 points 2 years ago +3 / -0
▲ 7 ▼
– ozthentic 7 points 2 years ago +7 / -0

ENDLESS TRUTH is the answer.

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▲ 7 ▼
– deleted 7 points 2 years ago +7 / -0
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– bubble_bursts [S] 1 point 2 years ago +1 / -0

Oh, interesting about Golden Gate Capital:

In 2011, it acquired California Pizza Kitchen.[10] The company declared bankruptcy in July 2020,

I used to love CPK when I lived in the west coast, and I did notice a decline in their quality compared to in early 2000s vs 2015. Sad to see even that one has gone bankrupt.

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▲ 5 ▼
– Hope4thefuture 5 points 2 years ago +5 / -0

No big loss, they are way to salty.

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– J4224H 5 points 2 years ago +5 / -0

The book called Plunder (by Brendan Ballou) will walk you through the steps that are used by private equity and hedge funds to:(1) buy a company utilizing a large amount of "BORROWED" debt, (2) sell the company's land and buildings (and keep the proceeds from these sales), (3) charge extremely large "annual management fees" against the existing management, (4) reduce the pay of ALL current employees, (5) reduce/eliminate healthcare coverage of current employees, (6) reduce/eliminate retirement accounts/pensions of current employees, (7) periodically/annually charge a "one-time dividend" forcing management to borrow additional money from banks to pay the dividend to the new hedge fund or private equity, and (8) reduce services/goods offered by the original company. When the company fails, then the new owners close the company and sell whatever is left..... It is a very sick plague on US businesses... (please note: I have NO relationship with the author of this book and I do not know the author of this book).

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– 1baldeagle 1 point 2 years ago +1 / -0

Very good insight.

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– bubble_bursts [S] 1 point 2 years ago +1 / -0

Yeah, good summary. I remember there was a movie about this as well, but at that time I never understood the real problem. I just assumed these things happen to obscure companies.

Listening to Patrick Byrne, this is pretty much what they did to all Amazon competitors, when they propelled Amazon to be the sole giant. Heartbreaking to watch so many families' generational efforts destroyed just like that, and most people, even the owners themselves, many times blame themselves for the failures.

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▲ 5 ▼
– SemperSupra 5 points 2 years ago +5 / -0

Very interesting.

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▲ 4 ▼
– queue-anon 4 points 2 years ago +4 / -0

Seems like a lot of attention going to illegal shorting and market corruption lately. Setting the stage for squeezes?

DJT stock called it out.

GME ran.

RK returned

RFK Jr bought GME and announced it w/ a message about market transparency

Vivek was brought on the PP Show

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▲ 2 ▼
– bubble_bursts [S] 2 points 2 years ago +2 / -0

Definitely, looks like its getting closer for the squeeze time.

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▲ 3 ▼
– TheVerboten1 3 points 2 years ago +3 / -0

This commentary from Jeff Childers substack (Coffee and Covid). https://www.coffeeandcovid.com/p/deadly-force-wednesday-may-22-2024

"the chain has had five CEO’s in the last five years, a red flag approximately the size of Austin, Texas. One of the newer owners, Thai Union, is a seafood seller, and suspiciously became the restaurant’s sole supplier of shrimp at above-market prices. And a former hedge fund owner forced the chain to sell off its highly-valuable real estate to a closely-connected company, which leased the land back to the restaurants at much higher lease rates."

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▲ 2 ▼
– emptychairday 2 points 1 year ago +2 / -0

And here we go. They shuttered all their doors today.

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– JayFrankAF 2 points 2 years ago +2 / -0

Then explain how other restaurants make lease payments just fine.

Good luck.

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– bubble_bursts [S] 7 points 2 years ago +7 / -0

They havent been squeezed because they only squeeze what they think needs to be squeezed.

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– Light1SingleCandle 2 points 2 years ago +2 / -0

Or what they want out of the squeeze

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▲ 2 ▼
– JayFrankAF 2 points 2 years ago +2 / -0

Also, this dude has the face of an all you can eat slob.

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– deleted 2 points 2 years ago +2 / -0
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– bubble_bursts [S] 3 points 2 years ago +3 / -0

Thats the thing about these lies - they are so insanely absurd that finally when the lies are revealed through the official trusted channels, people will ask themselves "How the heck were we so dumb to fall for it?"

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