I was at Winn Dixie yesterday chatting with the bakery manager. She was concerned about changes brought about by the new owners BI-LO. This started me on a journey that reminded me of how much I loved turning over rocks as a kid to see what was under there.
Mostly I uncovered creepy private equity critters like Lone Star Funds who are behind the BI-LO merger with Winn Dixie. The sewer known as private equity really needs to be rooted out. I know very little about "private equity" except that what it does makes me very uncomfortable as a human being. And I understand why the Baker was nervous about the new ownership because she is a real person who makes great cakes and bread and really works hard to please her customers. But there weren't any of the small coconut cakes yesterday because this is not what the corporate owners that now run her bakery see as the bottom line. Jobs are being cut and new "purchasing directives" are being implemented so she won't be able to make the cake the way the cake should be made. The woman's integrity as a baker is being undermined and she was not happy about it. So being compassionate and saddened by her plight, it was time to find out what was going on.
As a result of my casual conversation with the baker and my subsequent curiosity about the system that was behind the decline of the coconut cake ended up here! This is not where I was going initially, but it is where I ended up. You may believe that this has nothing to do with coconut cake but I think it does. I think there is something happening here and I don't know what it is! Help me. I'm fairly naive and this is my first diary and it is curious where the quest for answers about the quality of the coconut cake lead. The bargain basement sale of all the homes that were foreclosed. Is this a joke? Is this being reported in the news anywhere?
Is it too late for the 99% to raise the money to get in the running to purchase these properties and get them back to their rightful owners? We must find a way to fight back!