NO HEINZ
Posted on 04/15/2004 9:00:42 AM PDT by tamcraft
Time to Switch to Hunts Ketchup?
An L. Sherman Exclusive
About John "Who Needs The South?" Heinz Kerry
There have been numerous internet calls for a Heinz boycott as a way to hit John and Teresea Heinz-Kerry in the pocket book. The H. J. Heinz Company has made efforts to distance themselves to the Heinz-Kerry family, noting that Teresea Heinz (pronounced Ter-ez-sa) and her family only own 4% of Heinz stock. Poor things - only 4% of outstanding Heinz stock is approximately 14,084,000 shares - with an estimated total value of over $510,000,000.
Heinz is a dividend paying stock which means stock holders get paid a certain amount each year for each share of stock they own. Heinz paid a dividend on March of this year of 28 cents per share - or in Ter-ez-sa's case that's a an approximate total of $4,000,000 cash received from the company in 2004. Sort of makes that 3% cost of living raise most of us got seem paltry, huh. John Kerry's allowance from his wife is probably a portion of that dividend. So if you are against John Kerry, why not boycott Heinz? It is clear that the Heinz-Kerry family benefits from the sale of Heniz products.
Sounds like stuartcr & Co. believe every American is entitled to guaranteed job security and every investor is entitled to guaranteed return. Sounds kinda utopian to me.
Oh, yes you can. All the major supermarkets in my area will give any dissatisfied customer a complete refund on any portion returned. No questions asked.
Are any of those owners running for President?
You simply don't know. Teresa Heinz Kerry is not "the owner" of the Heinz corporation. She and her children and the family foundations own together 4% of the stock.
And they do not have any involvement with the operations of the company.
So unless you are prepared to investigate and boycott any product that is owned 4% or more by a liberal you don't like, then you are simply acting irrationally.
Maybe the Bush family owns Heinz stock? Maybe Kerry owns Delmonte stock? Who knows?
SD
I am sure you see the difference between free choice and enticing a group of people to take a coordinated action against someone --- for the sole reason of... not liking that person's name. In this case "person" is a company.
Are you saying the American consumer owes his dollar to Heinz No.
You are being both dishonest and silly: you want all American companies not to operate abroad --- probably because you fell for that socialist propaganda against outsourcing; and you are using "standards" as an excuse.
Both points are actually incorrect: you have no right to tell other Americans where to invest their money, and the standards are maintained at Heinz are American, regardless of where their plants are located. Perhaps, you should become more familiar with the subject matter before you defame honest, hardworking people. It's not nice. It's not a conservative thing to do --- that is one of the Commandments, actually.
Not to mention that the entire "outsourcing" charge is ridiculous. American ketchup is made in America. Would those opposed to outsourcing rather that Heinz made every product for the entire world here in America?
Is it even feasible to ship foodstuffs all over the world economically? Given the choice of having American-owned ketchup plants in Europe or having no market share due to higher prices due to shipping costs, any reasonable person would build plants where the markets are.
SD
All this has already been made clear from previous posts, so why the straw man?
The company does not such thing. The Heinz family foundations do. As many FReepers fail to understand, there is a difference between the two. You do truth and yourself a disservice when you confuse the two.
SD
Good luck. And, by the way, I couldn't care less if Bush or anybody else owns stock in Heinz.
I can only argue that your action is irrational. Cause you haven't investigated the options.
And, by the way, I couldn't care less if Bush or anybody else owns stock in Heinz.
Exactly. You like this boycott cause it feels good. It's inconsistent.
I can tell you this: don't reach for the Del Monte ketchup. Heinz and Del Monte swapped divisions around a year or two ago. Heinz shareholders also got interests in Del Monte and vice versa.
I wonder what else Teresa Heinz or some famous liberal might own. You might go hungry.
SD
Every word you say indicates that things are very far from clear to you:
TQ: "I am sure you see the difference between free choice and enticing a group of people to take a coordinated action against someone..."
Napoleon: Are the individuals in that group of "enticed" people being forced to do anything against their will?
This assumes that anything that is not forced is moral. You should be ashamed of yourself. If you urge rape of a woman, just because you don't hold a gun to a rapist's head does not make YOUR action moral.
When, for example, somebody actively encourages others to write their legislators in support of a bill,
There is no comparison here. In a democracy, that is what we are supposed to do: advocate our own preferences and let the majority win.
This is different from taking a mob action against people that invest their money just because SOMEONE else is doing what you do not support. There are MILLIONS of people that have invested in Heinz. Teresa Heinz is just one of them. She owns a very minor stake and the COMPANY has nothing to do with her or Kerry. As I said earlier, guilt by association is a patently unAmerican value, and yet this is what you promulgate.
If what you urge is successul, millions of people that have nothing to do with Kerry or your ideas will suffer.
Further, you do not understand how foundations are managed. Whatever foundation you have grievances with has now nothing to do with the Heinz as a company: it is managed entirely separately.
A couple of centuries ago, workers that did not understand the changes brought about by the industrial revolution destroyed the machines, thinking that they were the root of evil. You are doing the same thingh, lacking knowlge of things you fight against. Learn about them first, and then see whether your anger is targeted appropriately.
As of right now, the actions you propose will NOT affect Kerry or Heinz a single bit and WILL affect negatively millions of people that have NOTHING to do with the issue.
That is simply wrong.
I have nothing more to add.
And to millions of other people.
That is indeed soothing that you pointed that out; thank you.
And what does have to do with the company named Heinz?
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