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TexasTowelie

(111,292 posts)
Sat Jan 1, 2022, 09:27 AM Jan 2022

Bernie Sanders attacked Warren Buffett for rejecting his request to intervene in a strike at a Berks

Sen. Bernie Sanders criticized Warren Buffett, and highlighted his low rate of tax, after Buffett declined to intervene in a labor dispute.

Sanders implied that Buffett was falling short of his own ideals by letting a labor dispute drag on at Special Metals, a West Virginia firm owned by Buffett's Berkshire Hathaway holding company.

Some 450 Special Metals workers have been striking since October. They object to plans to limit pay rises to 1% or 2% for several years, to increase healthcare premiums, and to limit vacation time.

Negotiations over a return to work paused in mid-December, per the local news station WHCS, and were not due to resume until January.

Read more: https://www.msn.com/en-us/money/markets/bernie-sanders-attacked-warren-buffett-for-rejecting-his-request-to-intervene-in-a-strike-at-a-berkshire-hathaway-company/ar-AASkKBK?cvid=c9aead56650d4dab894657564ca684f0&ocid=winp1taskbar

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Bernie Sanders attacked Warren Buffett for rejecting his request to intervene in a strike at a Berks (Original Post) TexasTowelie Jan 2022 OP
That's our Bernie, fightin for working people, rather than oppressive corporations & billionaires... InAbLuEsTaTe Jan 2022 #1
Thanks, Bernie! 50 Shades Of Blue Jan 2022 #2
Obviously some, including Sanders doesn't understand what Berkshire Hathaway is JohnSJ Jan 2022 #3
Special Metals is a subsidiary of Precision Castparts Corp. which is a sub of Berkshire Hathaway Klaralven Jan 2022 #6
Berkshire does not get involved in management of its holding companies/subsidiaries, and never had JohnSJ Jan 2022 #9
Warren Buffett on managing people: Find the '.400 hitters' and don't tell them how to swing Klaralven Jan 2022 #22
Maybe someone can get him to visit Sierra Blanca. lapucelle Jan 2022 #4
What does Sierra Blanca have to do with Berkshire Hathaway? JohnSJ Jan 2022 #5
What does Berkshire have to do with Sierra Blanca? Hortensis Jan 2022 #7
Now I get it. Thanks for explaining JohnSJ Jan 2022 #10
+1 betsuni Jan 2022 #11
Nothing Sympthsical Jan 2022 #8
Yeahhh, been old for quite a while... but Bernie NEVER gets old. He's grrrreeeattt!! InAbLuEsTaTe Jan 2022 #12
Sympthsical, to others it's the STRIKE that matters. This thread Hortensis Jan 2022 #15
I'm very positive on Bernie Sympthsical Jan 2022 #16
Is this irony? Nixie Jan 2022 #17
He's still in office Sympthsical Jan 2022 #24
& Bernie is showing what a Democrat Senator of WV might reasonably Captain Zero Jan 2022 #18
It is intentional. 2016 almost destroyed us and is still ongoing. Hortensis Jan 2022 #23
... Me. Jan 2022 #19
Berkshire Hathaway is lobbying the TX legislature with their plan to build 8 power plants in Texas. lapucelle Jan 2022 #20
"Warren Buffett group lobbying Texas lawmakers for deal to build $8 billion worth of power plants" lapucelle Jan 2022 #13
Thanks JohnSJ Jan 2022 #14
Bernie supports the working man! Emile Jan 2022 #21

InAbLuEsTaTe

(24,110 posts)
1. That's our Bernie, fightin for working people, rather than oppressive corporations & billionaires...
Sat Jan 1, 2022, 09:39 AM
Jan 2022

good for him!!!

JohnSJ

(91,945 posts)
3. Obviously some, including Sanders doesn't understand what Berkshire Hathaway is
Sat Jan 1, 2022, 10:36 AM
Jan 2022

It is a holding company, and does NOT participate in running a businesses operations

 

Klaralven

(7,510 posts)
6. Special Metals is a subsidiary of Precision Castparts Corp. which is a sub of Berkshire Hathaway
Sat Jan 1, 2022, 10:58 AM
Jan 2022

JohnSJ

(91,945 posts)
9. Berkshire does not get involved in management of its holding companies/subsidiaries, and never had
Sat Jan 1, 2022, 11:09 AM
Jan 2022
 

Klaralven

(7,510 posts)
22. Warren Buffett on managing people: Find the '.400 hitters' and don't tell them how to swing
Sat Jan 1, 2022, 03:58 PM
Jan 2022
https://www.cnbc.com/2019/02/13/warren-buffett-on-managing-find-the-point400-hitters-and-then-dont-tell-them-how-to-swing.html

They are involved in selecting managers and allocating capital.

I agree that they are not involved in HR decisions regarding the rank and file.

Hortensis

(58,785 posts)
7. What does Berkshire have to do with Sierra Blanca?
Sat Jan 1, 2022, 11:02 AM
Jan 2022

Those who set moral standards for others have a duty to meet them themselves.

The same for those who admire Sanders for presenting himself as on a higher moral plane than Buffet but don't hold him to his own standards. I believe Sanders' standards, and those of those who claim to share them, should at least equal my standards, and I haven't felt they did for a very long time. Many don't.

Fwiw, I (of course) think supporting strikers is a good thing. In itself. FOR itself. FOR workers themselves.

Not to promote a charismatic leader and not as an opportunity to act out class-based resentments.

Sympthsical

(8,934 posts)
8. Nothing
Sat Jan 1, 2022, 11:02 AM
Jan 2022

But Sanders in the OP title, so the answer has to involve some kind of attempted denigration of him.

New year, old shtick.

Hortensis

(58,785 posts)
15. Sympthsical, to others it's the STRIKE that matters. This thread
Sat Jan 1, 2022, 11:33 AM
Jan 2022

is about SANDERS badmouthing a BILLIONAIRE.

But who would be posting what if this post was instead discussing, you know, progress on the strike? I know some who believe Sanders does great things are sincere; and who knows, someday, looking back to these turbulent times, meta analysis may suggest they weren't wrong even if there's nothing concrete to point to over 30 years so far.

But supporting Sanders is not the same thing as supporting the objectives.

For those interested in the strike, the union leader's appreciation for Sanders' diverting to Buffet is tepid but hopeful that it may help in some way, that it was "nice" that he "at least tried to help."

The 450 Special Metals strikers are taking a break over New Year's, but they and the company are resuming negotiations with a federal mediator next week, and the hope is that they will not have to return to the picket line.

Sympthsical

(8,934 posts)
16. I'm very positive on Bernie
Sat Jan 1, 2022, 11:36 AM
Jan 2022

I'm just noting that any thread about the man always summons a hijacking where it's all about how awful he is and completely ignores the worthy cause he's supporting.

Sanders is just bringing attention to the cause.

Why some "liberals" have to always distract from the causes we ostensibly support is a puzzler. Feels vaguely intentional.

Nixie

(16,920 posts)
17. Is this irony?
Sat Jan 1, 2022, 11:46 AM
Jan 2022

Making things personal also seems “vaguely intentional.” Nothing here is contrary to two losing election results no matter how much denial.

Captain Zero

(6,714 posts)
18. & Bernie is showing what a Democrat Senator of WV might reasonably
Sat Jan 1, 2022, 11:54 AM
Jan 2022
be expected to do for working people in his state
To get them a better, more fair, deal than what the company is trying to shove down their throats.

Hortensis

(58,785 posts)
23. It is intentional. 2016 almost destroyed us and is still ongoing.
Sat Jan 1, 2022, 04:09 PM
Jan 2022

Sanders, and his loyal voters, were used by the Republican powers, the religious right, Russia, and above all the anti-establishment populist movements on both right and left, to defeat Democrats. And with us our liberal, progressive western democracy.

Congress is at stake in 2018. Our democracy is now at such great peril that if Republicans get control in November, 2024 might mostly just finalize a takeover that's already succeeded.

Sanders realized the simmering revolution won't be socialist and has thrown in to defeat RW authoritarianism. But a lot of those who invoke his name are as focused on destroying the Democratic Party and what we protect as they were in 2016.

311 days left for people to realize what they have to lose and how it'll happen.

lapucelle

(18,037 posts)
20. Berkshire Hathaway is lobbying the TX legislature with their plan to build 8 power plants in Texas.
Sat Jan 1, 2022, 01:58 PM
Jan 2022

Because Berkshire Hathaway has real estate holdings Sierra Blanca and Warren Buffett transferred/sold BNSF railroad stock to Berkshire Hathaway (including the CA-TX line with a terminus at Sierra Blanca), it appears that Sierra Blanca once again finds itself at the nexus of the machinations of a modern robber baron's power play.

https://www.texastribune.org/2021/04/15/texas-power-grid-berkshire-hathaway/
https://www.tshaonline.org/handbook/entries/sierra-blanca-tx



lapucelle

(18,037 posts)
13. "Warren Buffett group lobbying Texas lawmakers for deal to build $8 billion worth of power plants"
Sat Jan 1, 2022, 11:24 AM
Jan 2022

Berkshire Hathaway owns land in Sierra Blanca and Buffet transferred the owns BNSF railroad line that runs between CA and Sierra Blanca to Berkshire Hathaway.

https://www.texastribune.org/2021/03/25/warren-buffett-texas-power-plants/

How Berkshire Hathaway fed investors a flawed narrative about their climate progress

https://grist.org/article/how-berkshire-hathaway-fed-investors-a-flawed-narrative-about-their-climate-progress/
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