BBuser: 0
Go Back   English Forum Switzerland > Living in Switzerland > Complaints corner
Reply
 
Thread Tools Display Modes
  #21  
Old 17.04.2012, 07:14
Assassin's Avatar
Forum Legend
 
Join Date: Mar 2010
Location: Chasing clouds
Posts: 3,245
Groaned at 114 Times in 85 Posts
Thanked 7,727 Times in 2,273 Posts
Assassin has a reputation beyond reputeAssassin has a reputation beyond reputeAssassin has a reputation beyond reputeAssassin has a reputation beyond reputeAssassin has a reputation beyond reputeAssassin has a reputation beyond repute
Re: Glencore Zug?

Quote:
View Post
If that kind of thing can happen to Apple, a company with insane cash reserves that can quite literally buy whatever it wants, why is it hard to accept that it can happen to Glencore as well?
If any company were looked at from close quarters you'd find something objectionable, immoral or slightly jaded almost anywhere. It's not always pretty in the commercial world and I can't justify capitalism wholeheartedly although I'm an advocate of it's basic theories. There are a few big winners, some minor winners and the bigger part of the financial pyramid is made up of a bunch of folk willing to accept anything that falls in their direction because they don't have much of a choice. It sucks, but because we're human, we don't all have the same priorities and sharing isn't considered to be the same unilaterally.

All of us privileged enough to live in the western world benefit in some way from the luxury of our place of birth and our culture. We don't know any different, but our arrogance and whining is pitiful when hard facts vis-à-vis standards of living are a known factor. We care not to focus on obvious injustices with human rights issues as we're dumb enough to think that we can't change anything. We change TV channel if some charity screens a distasteful image and we prefer to submerge our thoughts in the artificiality created in a millionaire soap opera series rather than the omnipresent realities less than a five hour flight away from our cozy apartments. Africa isn't just a place where they have safaris.
__________________
We watched the acrobat fall. He was quite safe. He was falling in Montréal.
Reply With Quote
The following 3 users would like to thank Assassin for this useful post:
  #22  
Old 17.04.2012, 08:32
Uncle Max's Avatar
Forum Legend
 
Join Date: Jun 2006
Location: Züri
Posts: 7,575
Groaned at 149 Times in 103 Posts
Thanked 6,931 Times in 3,001 Posts
Uncle Max has a reputation beyond reputeUncle Max has a reputation beyond reputeUncle Max has a reputation beyond reputeUncle Max has a reputation beyond reputeUncle Max has a reputation beyond reputeUncle Max has a reputation beyond repute
Re: Glencore Zug?

Quote:
View Post
... There are a few big winners, some minor winners and the bigger part of the financial pyramid is made up of a bunch of folk willing to accept anything that falls in their direction because they don't have much of a choice. It sucks, but because we're human, we don't all have the same priorities and sharing isn't considered to be the same unilaterally.
You have the choice not to turn a blind eye to outrages commited by your paymaster and resign / fight from within / lobby against. Not much we can do about being microscopic cogs in catastrophic plans other than refuse to play. But that means making principled stands, and well, that Samsung TV is pretty fancy and I like my cabrio Jag and the kids are going to the best school and...

EDIT: I'd say there are more losers than anything else.
Reply With Quote
  #23  
Old 17.04.2012, 08:36
olygirl's Avatar
Forum Legend
 
Join Date: Oct 2007
Location: d' Innerschwiiz
Posts: 3,910
Groaned at 170 Times in 112 Posts
Thanked 6,981 Times in 2,291 Posts
olygirl has a reputation beyond reputeolygirl has a reputation beyond reputeolygirl has a reputation beyond reputeolygirl has a reputation beyond reputeolygirl has a reputation beyond reputeolygirl has a reputation beyond repute
Re: Glencore Zug?

So what does Marc Rich have to say about this?
Reply With Quote
  #24  
Old 17.04.2012, 08:40
Forum Veteran
 
Join Date: Apr 2008
Location: Zurich
Posts: 1,135
Groaned at 31 Times in 15 Posts
Thanked 716 Times in 438 Posts
rainer_d has a reputation beyond reputerainer_d has a reputation beyond reputerainer_d has a reputation beyond reputerainer_d has a reputation beyond repute
Re: Glencore Zug?

Glencore is certainly not the salvation army.
But at least, they have a HQ in Switzerland and can be held accountable to some point. Does anybody think all those state-owned Chinese companies in that business give a rat's ass about the public opinion in Western Europe?
Do you think they would have gone public unless they wouldn't be prepared to have uncovered any potential "corpses in the basement".

And people should really be more critical of journalists and journalism.
Most have an agenda, too.

I remember when working for the small consulting-company of a friend and he had dug up a "journalist", working for a rather well circulated computer-paper to make an article about IT in general, mentioning our company in the course...
We talked about various stuff and the next day he called and said "Well, this and that is what I'd like to write, can you live with it?"

What he wanted to write was obviously almost 100% the opposite of what I had said and also mostly the opposite of my personal and professional opinion. He had the article probably written already before paying us a visit and just needed to have somebody voice his agenda...

I thought: "Yeah, whatever - nobody is going to read it anyway" and agreed, grudgingly.

A couple of weeks later, another member of our Unix regular's table addressed me on the article and pointed out that it was quite obvious to him that it wasn't my "real" opinion...

To make a long story short:
Think of something, a subject, you really know well yourself, from personal experience.
Then think about how the subject and the details surrounding it are usually represented in the media.
Do you think other subjects (that you may or may not know a lot about) are actually better represented in the media?
Reply With Quote
The following 2 users would like to thank rainer_d for this useful post:
  #25  
Old 17.04.2012, 08:44
Uncle Max's Avatar
Forum Legend
 
Join Date: Jun 2006
Location: Züri
Posts: 7,575
Groaned at 149 Times in 103 Posts
Thanked 6,931 Times in 3,001 Posts
Uncle Max has a reputation beyond reputeUncle Max has a reputation beyond reputeUncle Max has a reputation beyond reputeUncle Max has a reputation beyond reputeUncle Max has a reputation beyond reputeUncle Max has a reputation beyond repute
Re: Glencore Zug?

Quote:
View Post
Glencore is certainly not the salvation army.
But at least, they have a HQ in Switzerland and can be held accountable to some point. Does anybody think all those state-owned Chinese companies in that business give a rat's ass about the public opinion in Western Europe?
Nope, but I expect employees of companies based here to give a rat's ass about the consequences of their efforts beyond their handsome bank accounts. I'm not holding my breath though.

Don't worry about the Journalists. Pointing out their weaknesses is a red herring.
Reply With Quote
The following 2 users would like to thank Uncle Max for this useful post:
  #26  
Old 17.04.2012, 09:03
Forum Legend
 
Join Date: Jan 2007
Location: Geneva
Posts: 5,440
Groaned at 122 Times in 108 Posts
Thanked 3,113 Times in 1,630 Posts
Shorrick Mk2 has a reputation beyond reputeShorrick Mk2 has a reputation beyond reputeShorrick Mk2 has a reputation beyond reputeShorrick Mk2 has a reputation beyond reputeShorrick Mk2 has a reputation beyond reputeShorrick Mk2 has a reputation beyond repute
Re: Glencore Zug?

I recently watched a show on pirate oil refiners in the Niger delta. They'd bore holes in oil pipelines, drain oil ("it's ours anyway") and refine it in crude contraptions made of 80gal drums stacked on top of a fireplace. Raw oil was seeping everywhere with nary a thought for "environment" or "work conditions".

Sometimes the locals are just as good as evil multinationals at f*king up their environment.
Reply With Quote
  #27  
Old 17.04.2012, 09:05
HollidayG's Avatar
Forum Legend
 
Join Date: Jan 2008
Location: Baar
Posts: 2,838
Groaned at 47 Times in 32 Posts
Thanked 1,029 Times in 639 Posts
HollidayG has an excellent reputationHollidayG has an excellent reputationHollidayG has an excellent reputationHollidayG has an excellent reputation
Re: Glencore Zug?

Quote:
View Post
Oh come on. You perfectly know what I mean.
I am positive that they pay taxes wherever they have
operations as well.
Reply With Quote
  #28  
Old 17.04.2012, 09:08
Assassin's Avatar
Forum Legend
 
Join Date: Mar 2010
Location: Chasing clouds
Posts: 3,245
Groaned at 114 Times in 85 Posts
Thanked 7,727 Times in 2,273 Posts
Assassin has a reputation beyond reputeAssassin has a reputation beyond reputeAssassin has a reputation beyond reputeAssassin has a reputation beyond reputeAssassin has a reputation beyond reputeAssassin has a reputation beyond repute
Re: Glencore Zug?

Quote:
View Post
So what does Marc Rich have to say about this?
Probably staying schtumm. Down to his last billion apparently and still not about to visit Disneyworld on vacation. Loves his "Israel loves you" T-shirt though.
Reply With Quote
This user would like to thank Assassin for this useful post:
  #29  
Old 17.04.2012, 09:12
Carlos R's Avatar
Forum Legend
 
Join Date: Dec 2009
Location: Roundabout Basel
Posts: 6,164
Groaned at 72 Times in 63 Posts
Thanked 7,490 Times in 3,257 Posts
Carlos R has a reputation beyond reputeCarlos R has a reputation beyond reputeCarlos R has a reputation beyond reputeCarlos R has a reputation beyond reputeCarlos R has a reputation beyond reputeCarlos R has a reputation beyond repute
Re: Glencore Zug?

Quote:
View Post
I suspect the truth is rather closer to Glencore's account than the journalist. I've seen too many cases of poor journalism where the journalists were at best incompetent and had no clue about the subject matter, or at worse, just writing to a brief with a specific angle to report.
I used to think that they were good programmes. Then there was a run of such programmes (from different groups, but including Panorama) on topics that I know well, very well. All of a sudden, what they were saying, what they were showing and the conclusions they were drawing didn't seem to fit.

I now view the information provided by these programmes and other documentaries much more critically.

Akin to the thread on the "X-factor being in the news", these shows are there for ratings, and nothing gets good ratings like a bit of drama and sensationalism. Shame it has to spill over into what is meant to be fact-based, unbiased reporting.
__________________
Never let right or wrong get in the way of a good opinion
Reply With Quote
This user would like to thank Carlos R for this useful post:
  #30  
Old 17.04.2012, 09:31
gva
Guest
 
Posts: n/a
Re: Glencore Zug?

Quote:
View Post
I am positive that they pay taxes wherever they have
operations as well.
Yes, IIRC around 1M USD for the whole Congo operations in 2011. 1M USD... that's about the bonus of 2-3 Baar employees.
Reply With Quote
This user would like to thank for this useful post:
  #31  
Old 17.04.2012, 10:00
Carlos R's Avatar
Forum Legend
 
Join Date: Dec 2009
Location: Roundabout Basel
Posts: 6,164
Groaned at 72 Times in 63 Posts
Thanked 7,490 Times in 3,257 Posts
Carlos R has a reputation beyond reputeCarlos R has a reputation beyond reputeCarlos R has a reputation beyond reputeCarlos R has a reputation beyond reputeCarlos R has a reputation beyond reputeCarlos R has a reputation beyond repute
Re: Glencore Zug?

Quote:
View Post
Yes, IIRC around 1M USD for the whole Congo operations in 2011. 1M USD... that's about the bonus of 2-3 Baar employees.
I believe the cost of living in the Congo is slightly cheaper than in Baar. I could be wrong though.
Reply With Quote
This user would like to thank Carlos R for this useful post:
  #32  
Old 17.04.2012, 10:00
bigblue2's Avatar
Forum Legend
 
Join Date: Mar 2009
Location: Glarus
Posts: 4,862
Groaned at 148 Times in 108 Posts
Thanked 5,116 Times in 2,137 Posts
bigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond repute
Re: Glencore Zug?

hahahahaha I love this thread, so full of hypocrites, you all hate these multinationals yet you live and work in a country that is one of the biggest beneficiaries of said companies, and as most expats here work these companies it just makes it even funnier. If you hate the system that much then put your money where your mouth is, resign, leave switzerland, go and help out the 3rd world people.
Reply With Quote
The following 3 users would like to thank bigblue2 for this useful post:
The following 2 users groan at bigblue2 for this post:
  #33  
Old 17.04.2012, 10:14
gva
Guest
 
Posts: n/a
Re: Glencore Zug?

Quote:
View Post
I believe the cost of living in the Congo is slightly cheaper than in Baar. I could be wrong though.
Ahhh... this explains why they settled down HQ's in Baar despite having operations in Congo. Helping the local tax authorities to deal with expensive live in Baar, how kind.
Reply With Quote
  #34  
Old 17.04.2012, 10:19
bigblue2's Avatar
Forum Legend
 
Join Date: Mar 2009
Location: Glarus
Posts: 4,862
Groaned at 148 Times in 108 Posts
Thanked 5,116 Times in 2,137 Posts
bigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond repute
Re: Glencore Zug?

groan away gva, as you have not filled in your profile then I don't know if you are swiss or an expat, if you are swiss then do something about it, get the 100k signatures and force a vote, if your an expat then your benefiting from companies like glencore, don't like it, move on.
Reply With Quote
  #35  
Old 17.04.2012, 10:19
Confloozed's Avatar
Forum Legend
 
Join Date: Dec 2007
Location: Zurich
Posts: 3,423
Groaned at 75 Times in 64 Posts
Thanked 2,141 Times in 1,035 Posts
Confloozed has a reputation beyond reputeConfloozed has a reputation beyond reputeConfloozed has a reputation beyond reputeConfloozed has a reputation beyond reputeConfloozed has a reputation beyond reputeConfloozed has a reputation beyond repute
Re: Glencore Zug?

Quote:
View Post
I recently watched a show on pirate oil refiners in the Niger delta. They'd bore holes in oil pipelines, drain oil ("it's ours anyway") and refine it in crude contraptions made of 80gal drums stacked on top of a fireplace. Raw oil was seeping everywhere with nary a thought for "environment" or "work conditions".

Sometimes the locals are just as good as evil multinationals at f*king up their environment.
There is greater immediate consequences to them then pollution. You should read how many times after doing that they have accidentally ignited the stuff and instantaneously killed all the people anywhere near that pipe.

Also...the Nigerian river delta is far more polluted from companies like SHELL then the few boring holes. SHELL in the past has gotten more away with any kind of destruction there the these so-called pirates. SHELL has had been implicated in the execution for matter of treason, when SHELL protestors of pollution were arrested, and given a trial for treason. When SHELL representatives told those found guilty to guarantee they would cease to stop protesting them, and they refused they were executed. Almost 18 years later SHELL agreed to pay out the families of the executed men.
These Nigerian Rebels/terrorists/pirates-ARE NOT. SHELL has been a monster in that part of the world.
Reply With Quote
  #36  
Old 17.04.2012, 10:20
gva
Guest
 
Posts: n/a
Re: Glencore Zug?

Quote:
View Post
hahahahaha I love this thread, so full of hypocrites, you all hate these multinationals yet you live and work in a country that is one of the biggest beneficiaries of said companies, and as most expats here work these companies it just makes it even funnier. If you hate the system that much then put your money where your mouth is, resign, leave switzerland, go and help out the 3rd world people.
I do not work for any profit-making company.

I have nothing against location competition, up to a given point, where some common standards are respected.

The point of this thread is precisely the hypocrisy of some companies who allow for child labour on one side, make billions in benefits which are money-laundered at reduced tax level elsewhere in the world.
Reply With Quote
  #37  
Old 17.04.2012, 10:24
bigblue2's Avatar
Forum Legend
 
Join Date: Mar 2009
Location: Glarus
Posts: 4,862
Groaned at 148 Times in 108 Posts
Thanked 5,116 Times in 2,137 Posts
bigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond reputebigblue2 has a reputation beyond repute
Re: Glencore Zug?

Quote:
View Post
I do not work for any profit-making company.

I have nothing against location competition, up to a given point, where some common standards are respected.

The point of this thread is precisely the hypocrisy of some companies who allow for child labour on one side, make billions in benefits which are money-laundered at reduced tax level elsewhere in the world.

you live in a country that got rich, and has kept rich on dodgy money etc where do you think that money comes from?? just because you don't work directly for one of these companies doesn't mean you don't benefit from them. you take all the benefits from living in a 'first world' country but none of the responsibility, hypocritical no?
Reply With Quote
This user would like to thank bigblue2 for this useful post:
  #38  
Old 17.04.2012, 10:30
Junior Member
 
Join Date: Apr 2010
Location: Zug
Posts: 86
Groaned at 0 Times in 0 Posts
Thanked 89 Times in 32 Posts
potbelly is considered knowledgeablepotbelly is considered knowledgeablepotbelly is considered knowledgeable
Re: Glencore Zug?

Another very lame bit of Journalism from John Sweeney. I like the way they had to rush this out before the new plant that Glencore have built in DRC, stops all future acid polution. Just so that this part of the Story still had an element of truth to it. This apparently goes live in the next week or 2. (Zug 4 You article) Lets put this into context. The site is 50 years old and bought by Glencore 3 years ago. It has been pumping pollutants into the environment for the last 50 years. Since buying the site, they have renovated the complete site to stop the problem.

While not angels, I would have said that this showed some of the positive actions of Multinational mining companies. Still, I am waiting for the Authorities to oust the squatters from their mine in the DRC and then everyone can jump on 'How disgraceful' band wagon and attack them for the mindless and Brutal oppression of the local tribes. I guess Mr Glasenberg will smile and say "But you wanted us to stop the child labour?"

The only positive about this is that it keeps the issue in the public eye and may pressure all Mining and commodity companies to follow a more ethical line. Shame Panaorama where unable to produce a balanced program!
Reply With Quote
This user would like to thank potbelly for this useful post:
  #39  
Old 17.04.2012, 10:30
Nil's Avatar
Nil Nil is offline
Forum Legend
 
Join Date: Sep 2007
Location: At the Beach
Posts: 8,743
Groaned at 355 Times in 276 Posts
Thanked 11,253 Times in 4,603 Posts
Nil has a reputation beyond reputeNil has a reputation beyond reputeNil has a reputation beyond reputeNil has a reputation beyond reputeNil has a reputation beyond reputeNil has a reputation beyond repute
Re: Glencore Zug?

I don't support child work, far away from it, I really wish it didn't exist. But sadly it does and it is sometimes necessary. Those kids are working to bring money home. If the parents were able to get more money themselves, they would.

As long as the governements of those countries don't take proper care of their populations, not much will be done. If those governments weren't so much corrupted...
Reply With Quote
The following 4 users would like to thank Nil for this useful post:
  #40  
Old 17.04.2012, 10:33
HollidayG's Avatar
Forum Legend
 
Join Date: Jan 2008
Location: Baar
Posts: 2,838
Groaned at 47 Times in 32 Posts
Thanked 1,029 Times in 639 Posts
HollidayG has an excellent reputationHollidayG has an excellent reputationHollidayG has an excellent reputationHollidayG has an excellent reputation
Re: Glencore Zug?

Quote:
View Post
Ahhh... this explains why they settled down HQ's in Baar despite having operations in Congo. Helping the local tax authorities to deal with expensive live in Baar, how kind.
I am absolutely positive that you are privy to tax dealing of Glencore
in Congo and other countries. Please.
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Glencore and Xstrata in blockbuster merger The Local Swiss news via The Local 0 07.02.2012 13:03
Glencore accused of Zambia exploitation The Local Swiss news via The Local 0 20.09.2011 10:17
Commodities giant Glencore profit soars The Local Swiss news via The Local 0 25.08.2011 08:36
Glencore Floatation - Pure Greed or Capitalism at it's best - [ZUG] The_Love_Doctor Finance/banking/taxation 24 11.06.2011 13:34
Glencore - IPO Chester Finance/banking/taxation 1 11.04.2011 20:28


All times are GMT +1. The time now is 23:52.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2013, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0