People who make America an Awesome Country

Discussion in 'Current Events' started by California Girl, Feb 21, 2010.

  1. California Girl
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    California Girl BANNED

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    For anyone who thinks the private sector is just a bunch of evil moneygrabbers who don't care about anyone but themselves (that'll be many whining liberals), here is a great example of the kind of people run businesses in this country. He could have sold it and made even more money but he didn't. He gave it away - to the 209 people who worked for him.

    What a totally cool guy. These are the people who can turn America around, not the idiots in Washington.


    MILWAUKIE – Scores of employees gathered to help Bob Moore celebrate his 81st birthday this week at the company that bears his name, Bob's Red Mill Natural Foods.

    Moore, whose mutual loves of healthy eating and old-world technologies spawned an internationally distributed line of products, responded with a gift of his own -- the whole company. The Employee Stock Ownership Plan Moore unveiled means that his 209 employees now own the place and its 400 offerings of stone-ground flours, cereals and bread mixes.

    "This is Bob taking care of us," said Lori Sobelson, who helps run the business' retail operation. "He expects a lot out of us, but really gives us the world in return." Moore declined to say how much he thinks the company is worth. In 2004, however, one business publication estimated that year's revenues at more than $24 million. A company news release issued this week stated that Bob's Red Mill has chalked up an annual growth rate of between 20 percent to 30 percent every year since.


    Founder of Bob's Red Mill Natural Foods transfers business to employees | Clackamas County News - OregonLive.com
     
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  2. rdean
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    rdean rddean

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    Sounds like "socialism".
     
  3. Ringel05
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    Ringel05 Diamond Member

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    There are a lot of these type of business people out there. I know business owners that have taken cuts in pay amongst other cost cutting measures in an attempt to keep from having to do lay offs. Unfortunately it doesn't always work and in that instance they feel sick about having to let people go.
    Great post!
     
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  4. Cuyo
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    Cuyo Training a Guineapig army

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    You don't speak for me CG, I happen to be a business owner in the private sector. The man you describe here is a shining example of what capitalism should be.

    The problem is those who have already fulfilled every need that money can buy, but continue accumulating wealth through exploitation (the Waltons being public enemy #1). When you have billions of dollars, I'm not sure what you do with another $100 Million. It's a sickness, wealth for the sake of wealth, and in the last 30 years it has delivered sickening body blows to the now barely existent middle class.
     
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  5. California Girl
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    That's cuz you dumb. Socialism would have forced him to give his company to his employees. He did it cuz it was his company to do with as he chose. He chose to give it away rather than sell it. He is a good guy. You are an idiot.
     
  6. California Girl
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    California Girl BANNED

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    I don't claim to speak for anyone but myself - unlike some. Fact is, it is our right to work to become wealthy, and to do with our wealth as we see fit. If I want to be a wealth person and succeed, it is my business how much money I earn and what I do with it. It is not anyone else's right to say I have too much and take it from me.

    The reason that the middle class is struggling is from too much government, not the wealth of others.
     
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  7. California Girl
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    If you want to have a discussion with me, use the appropriate channel, you moron. Stop derailing the topic with your whining, you fucking idiot.
     
  8. Ringel05
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    Ringel05 Diamond Member

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    Yukon is back!
     
  9. Mike458877
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    Mike458877 Conservative

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    I agree great post CA Girl.

    I shared this same story on another forum this morning.

    I'm no saint and we do what is needed to keep our business going, but, Ringel your correct, it is not uncommon for business owners to take personal pay cuts, profit cuts and even shoot for the break even point and take pay cuts to keep their people employed.

    My wife and I have done this many times and yes, we could have cut the staff. Why didn't we? Simple, they are good employees and seeing them either succeed or keep their security is very important to us. Above all, they earned that type of respect and caring from us! As always, when we get through the tough times, we all make a little more.

    The average Joe and Jane in this nation is why it is so great and if you let them take care of themselves and each other, we normally fair pretty well.

    Mike
     
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  10. California Girl
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    My dad did the same thing, he and his partner both gave up part of their money to keep their staff on. I think many SMEs to this far more than we know. This guy just struck me as the kind of person that makes us a unique country.
     

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