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CousinIT

(12,140 posts)

2. Private equity destroys every economic sector or industry it touches.

Reply to dalton99a (Original post)

Sun Dec 14, 2025, 05:04 PM

Sunday

Now it's destroying Social Security - the most effective and efficient anti-poverty program in the government.

Frank Bisignano, other PE goons from Musk-world are disemboweling it in preparation for privatization, after which it will cost 15x more to run, and it will be a much less effective anti-poverty program.

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duckworth969 dalton99a Luciferous

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Highlight:

Private Equity Finds a New Source of Profit: Volunteer Fire Departments [View all] dalton99a Sunday OP

Private Equity investors today were the Robber Barons in the Gilded Age. sop Sunday #1

Private equity destroys every economic sector or industry it touches. CousinIT Sunday #2

Our town has a volunteer fire department Bettie Sunday #3

VFDs are obsolete Deminpenn Sunday #4

I think that's irrelevant; taxpayers will end up paying for software either way. Nt lostnfound Sunday #6

Except taxpayers pay for it once, not every VFD by itself Deminpenn Monday #10

Depends on the area. Our VFD has to turn people away. WhiskeyGrinder Sunday #8

Don't know where you are, but it's a big problem in areas Deminpenn Monday #9

Cannibalism KT2000 Sunday #5

Private equity groups are vampires sakabatou Sunday #7

I have... sweetapogee Monday #11