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Message

re: Jersey Mikes is about to be Red Lobstered.

Posted on 6/4/24 at 12:40 am to
Posted by Mo Jeaux
Member since Aug 2008
59766 posts
Posted on 6/4/24 at 12:40 am to
quote:

What an emotional little racist you are


How was that emotional or racist?
Posted by Mo Jeaux
Member since Aug 2008
59766 posts
Posted on 6/4/24 at 12:42 am to
Oh, you’re the dumbass who doesn’t know the difference between a hedge fund and a private equity fund.

Posted by Neutral Underground
Member since Mar 2024
1281 posts
Posted on 6/4/24 at 12:51 am to
"Red Lobstered"

Destroying your business by running an all you can eat shrimp special while losing money. Plus they sold all of their real estate and now lease their buildings.
Posted by mudshuvl05
Member since Nov 2023
1718 posts
Posted on 6/4/24 at 1:03 am to
I know the difference, i.e., the concern of liquidity, and said PE in my original post. The result is just the same: destroying the middle class and true capitalists, while capturing the state and her actors.

Aren't you the self-proclaimed, self-hating Jew? Or are they just family by marriage? Regardless, of course you'd be offended over a typo on differences in corporate structures that destroy middle class America, not that they are actually destroying it, racist.
Posted by Mo Jeaux
Member since Aug 2008
59766 posts
Posted on 6/4/24 at 1:09 am to
You didn’t answer my question. Why not?

You mentioned hedge funds in the context of Red Lobster/Jersey Mike’s. That’s not a typo.

A self-hating Jew? You’re retarded, aren’t you?
Posted by LsuNav
Sacramento
Member since Mar 2008
1636 posts
Posted on 6/4/24 at 1:10 am to
I can’t speak on liberals nationwide but the ones in California don’t like fast food for three main reasons; fast food is bad for you, the wages aren’t livable and eating a cow/pig is bad.

Some people actually gloat when these stores close; others don’t understand that raising the minimum wage while other wages stagnate causes inflation. San Jose and Seattle started this jump on the minimum wage to help low wage earners live close to where they work. Minimum wage earners likely find both cities less affordable now.
Posted by NoBoDawg
Member since Feb 2014
1836 posts
Posted on 6/4/24 at 1:19 am to
quote:

I hope not. Jersey Mikes is easily the best sub chain.

Ditto this!
Posted by mudshuvl05
Member since Nov 2023
1718 posts
Posted on 6/4/24 at 1:39 am to
quote:

You mentioned hedge funds in the context of Red Lobster/Jersey Mike’s. That’s not a typo.
And I mentioned PE in my original post. It was a typo in the 2nd post, I can't make you understand that. I'm not on this dump paying fervent attention to whether or not I said PE or HF and which one did the shafting to franchisees. The difference is the concern with liquidity, I've already clarified that for you. The hill you're dying on is beside the factual point: They both have captured the state and are not capitalistic in any regard. Hedge funds are doing the same thing to single family homes in the housing market as PE did to red lobster, and the little man suffers because of it.

quote:

A self-hating Jew? You’re retarded, aren’t you?
Maybe that was one of the other 15 MOJO guys on this board. If so, my apologies. Obviously he's just as prejudice as you are. I can't keep up, I don't live here. I said what I said.
Posted by Mo Jeaux
Member since Aug 2008
59766 posts
Posted on 6/4/24 at 1:51 am to
quote:

The difference is the concern with liquidity, I've already clarified that for you. The hill you're dying on is beside the factual point: They both have captured the state and are not capitalistic in any regard. Hedge funds are doing the same thing to single family homes in the housing market as PE did to red lobster, and the little man suffers because of it.


Do you know how I know that you still don’t know the difference between the two? It clearly wasn’t a typo.

quote:

Obviously he's just as prejudice as you are.


*prejudiced.

Again, how am I prejudiced or racist, as you called me before? Answer the question. I know you can’t, because in addition to not being very smart, you’re just a liar.
Posted by BottomlandBrew
Member since Aug 2010
28412 posts
Posted on 6/4/24 at 8:36 am to
quote:

That's capitalism


Capitalism does not have to exclude humanity to produce profit. A good read on the subject is "Conscious Capitalism" by former Whole Foods CEO John Mackey. He lays out the argument that free-market capitalism is the ideal economic system for the advancement of humans and the pursuit of happiness, but it has also been abused and implemented poorly by cut-throat and self-serving businessmen. Mackey explains that businesses should create a model where everyone benefits (employees, customers, vendors, shareholders, society, and the environment). When I read that book, it pretty accurately explained what I had been trying to do myself for my business. Capitalism is awesome, but it can be taken in two different directions. One that benefits everyone, and one that benefits a few while harming the rest.

As an addendum, Mackey eventually sold-out to Amazon, which, in my eyes, makes him a hypocrite. I listened to some interviews where he tried to justify it and hand-wave away some things, but it doesn't change the fact that his sale to Amazon was him basically wiping his arse with the books he wrote. That said, his concepts in his books and speeches prior to the sale still hold value for others.
Posted by el Gaucho
He/They
Member since Dec 2010
56834 posts
Posted on 6/4/24 at 8:46 am to
quote:

Again, how am I prejudiced or racist, as you called me before? Answer the question.

You work for private equity, which hurts bipoc and lgbt people


You need another dei meeting
Posted by Saint Alfonzo
Member since Jan 2019
25823 posts
Posted on 6/4/24 at 9:03 am to
quote:

quote:
I said what I said.


Are you black?

Is this a black-only phrase now? Odd that you would zero in on this and ask that question.
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
71391 posts
Posted on 6/4/24 at 9:06 am to
quote:

Jersey Mikes and Firehouse are both pretty dang good.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
29933 posts
Posted on 6/4/24 at 10:06 am to
quote:

So you paid more to DD than the delivery fees from JM's app would have cost, and cost the franchisee a good chunk of the gross cost that goes to DoorDash, and winning? For two #7s, $24.60 in DoorDash, $18.90 in JM app for the food. I'm not trying to f* franchisees and always order pickup through their native apps to cut out the third party costs whenever I can. IMO, Doordash and Uber Eats are killing fast food/fast casual with reduced margins.

The restaurant sets the menu price. That price is higher to compensate for the cut the app takes. Other than pure speculation, do you have any information that would indicate that Jersey Mike’s is getting less money from me via DD than their native app?

Eta: My regular original Italian was $12.44 (before any other fees) on DD and is $9.95 for pickup at my local store. What do you think that extra $2.49 is there for?

Eta2: Per the interwebs, depending on volume, DD charges the restaurant a premium between 20% and 30%. $12.44 is roughly 25% higher than $9.95.
This post was edited on 6/4/24 at 10:16 am
Posted by Rabbs and QStick
The Woodlands
Member since Apr 2012
2983 posts
Posted on 6/4/24 at 10:10 am to
quote:

Firehouse by a LOT.


THIS. Jersey Mikes the 2 times I've given it a shot has been absolutely awful. Will never go there again.
Posted by Mo Jeaux
Member since Aug 2008
59766 posts
Posted on 6/4/24 at 10:10 am to
quote:

Is this a black-only phrase now?


That's why I was asking.

quote:

Odd that you would zero in on this and ask that question.


Well, the rest of his diatribe was irrational venting, so why would I respond specifically to that? If someone tells you that your industry is evil and that you should kill yourself, are you going to choose to engage with that?

The reason why I asked was that I've only ever heard black people say it.
Posted by Mo Jeaux
Member since Aug 2008
59766 posts
Posted on 6/4/24 at 10:18 am to
quote:

Capitalism does not have to exclude humanity to produce profit. A good read on the subject is "Conscious Capitalism" by former Whole Foods CEO John Mackey. He lays out the argument that free-market capitalism is the ideal economic system for the advancement of humans and the pursuit of happiness, but it has also been abused and implemented poorly by cut-throat and self-serving businessmen. Mackey explains that businesses should create a model where everyone benefits (employees, customers, vendors, shareholders, society, and the environment). When I read that book, it pretty accurately explained what I had been trying to do myself for my business. Capitalism is awesome, but it can be taken in two different directions. One that benefits everyone, and one that benefits a few while harming the rest.


This is fine and good. I don't necessarily disagree theoretically. I'm simply stating that a private equity fund manager would lose in just about every court if their fund lost money and they stated that they based their decisions on "humanity" rather than their fiduciary duties to their LPs. The SEC would also be all over them civilly.
Posted by F1y0n7h3W4LL
Below I-10
Member since Jul 2019
2394 posts
Posted on 6/4/24 at 10:24 am to
I didn't click the link. Just another cardboard sammidge joint.

If it isn't overloaded with the shwimps, it ain't a sandwich.
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