Micah's avatar

Micah

@rincewind.run

the fact that we can look at most major problems with our lives and guess "this is the fault of private equity" - and have that actually be correct a shockingly large percentage of the time - is an excellent reason to regulate the industry into the ground

35 replies 627 reposts 1714 likes


dillo (the yakubian mamba)'s avatar dillo (the yakubian mamba) @dillo.media
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"this is the fault of PE or Reagan (both usually)" is gonna hit like 99.9 percent of the time lol

1 replies 2 reposts 33 likes


sal12.bsky.social's avatar sal12.bsky.social @sal12.bsky.social
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That's right, and our pets are dying from inadequate care just like we are. Privatization for the almighty $$$ just means paying more for less. It's the same thing that goes on w human healthcare. You can have all the medical care you need as long as you can pay for it.

0 replies 2 reposts 4 likes


CheckedOut's avatar CheckedOut @checkedout2.bsky.social
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They’re doing it with funeral homes, too. They F you over even after you’re dead.

2 replies 1 reposts 3 likes


The Store's avatar The Store @mudsludge.bsky.social
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Honestly, "off with their heads," needs to be the law

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Paul Rosenberg's avatar Paul Rosenberg @paulrosenberg.bsky.social
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Mitt Romney SHOULD have been all the warning flag folks needed that private equity was EVIL, EVIL, EVIL. Instead, he's been retconned as the "Good Republican" avatar vs. Donald Trump--some that his VERY different father could actually legitimately be.

1 replies 2 reposts 14 likes


Deb Forte's avatar Deb Forte @debforte.bsky.social
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I call IT PECman. Always coming for something you love.

0 replies 0 reposts 1 likes


Cacao Byproduct 's avatar Cacao Byproduct @cacaobyproduct.bsky.social
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It’s not clear how financial speculation is anything but money extraction frm the poor under the guise of skilled labor

0 replies 1 reposts 3 likes


Joe Gordon's avatar Joe Gordon @joegordon.bsky.social
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Put E Warren in charge of the profit-taking rent-seekers you cowards

0 replies 0 reposts 4 likes


Pretty Fly for a Cat Guy (warning: unreliable narrator)'s avatar Pretty Fly for a Cat Guy (warning: unreliable narrator) @majima.club
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As a vet tech whose career started in 2001/2002, I wholly support this idea. It’s disgusting to see the way the profession has changed and it is almost entirely the fault of PE and VCs looking at a bond between two living beings and seeing dollar signs.

0 replies 2 reposts 6 likes


DTaylor 🌄🤓🌿🗳️'s avatar DTaylor 🌄🤓🌿🗳️ @scrabbyone.bsky.social
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PE: What can we pilfer next?

1 replies 1 reposts 1 likes


ETX Gov 🏴‍☠️'s avatar ETX Gov 🏴‍☠️ @etxgov.bsky.social
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Saw this morning that a 500 driver trucking company shut down over the weekend without paying final checks. Sure enough, second sentence, "the private equity owners could not be reached for comment".

1 replies 5 reposts 20 likes


Ing aka Tophat Artooning's avatar Ing aka Tophat Artooning @ingforart.bsky.social
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Why regulate, just end it. It creates nothing

0 replies 1 reposts 2 likes


Jennifer Winch 's avatar Jennifer Winch @jlwinch1.bsky.social
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A consummation devoutly to be wished.

0 replies 0 reposts 0 likes


Steffani Cameron's avatar Steffani Cameron @snarkysteff.bsky.social
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Bingo, Micah.

0 replies 0 reposts 3 likes


Jim Mashek's avatar Jim Mashek @jmashek.bsky.social
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Somehow private equity hasn't yet driven the vets into bankruptcy like they eventually do to retail establishments

0 replies 0 reposts 1 likes


Mary (geographile)'s avatar Mary (geographile) @geographile.bsky.social
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I was already going that way, but private equity and what investors did to Toys r Us is pretty much what radicalized me towards socialism.

0 replies 1 reposts 9 likes


ricky cilantro's avatar ricky cilantro @rickycilantro.bsky.social
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off with their fucking heads

0 replies 0 reposts 1 likes


Dan Lawson 's avatar Dan Lawson @noswald.bsky.social
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Too bad there’s not a way for some sort of meta-private equity firm to start purchasing private equity firms and scrapping them for parts

1 replies 2 reposts 11 likes


's avatar @captainfart.bsky.social
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My wife is a vet tech and I day dream all the time about figuring out a way to do a veterinary co-op. Despite all the money, none goes to the workers

0 replies 0 reposts 13 likes


Rose Mallow's avatar Rose Mallow @swamp.bsky.social
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Shout it from the fucking rooftops

0 replies 0 reposts 1 likes


🚲aksfjh👖's avatar 🚲aksfjh👖 @db-user.bsky.social
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instead of building up a new business with their massive piles of money, they just pilfer and extract any potential value remaining in a brand, property, and customer base

0 replies 1 reposts 9 likes


Te Ara Paerangi Com - Research Advocacy Capability's avatar Te Ara Paerangi Com - Research Advocacy Capability @arapaerangicom.bsky.social
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When our dentists' office was bought out by a private equity group, I switched to one owned by the dentists. I am in the minority.

0 replies 0 reposts 2 likes


CatFrat's avatar CatFrat @catfrat.bsky.social
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Private equity is ruining our country

0 replies 0 reposts 7 likes


JThomasAlbert's avatar JThomasAlbert @jthomasalbert.bsky.social
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If we do manage to get regulations in place, lawmakers will set the date it takes effect somewhere in the future. During that time, private equity firms will treat our economy the way Homer Simpson treated Ed Grimes' special dietetic sandwich.

0 replies 2 reposts 2 likes


Viola Smart 's avatar Viola Smart @smartvpants.bsky.social
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I feel like PE might have finally hit on an issue that if publicized right will enrage middle class white voters: pets.

0 replies 1 reposts 0 likes


Viola Smart 's avatar Viola Smart @smartvpants.bsky.social
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Sounds like we need an antitrust case.

0 replies 0 reposts 1 likes


Charles Colee's avatar Charles Colee @charlescolee.bsky.social
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Possibly someone out there could point out something POSITIVE that private equity firms accomplish - besides enriching their shareholders at other people's expense... Anyone?

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Dan Sandler's avatar Dan Sandler @danielsand.bsky.social
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It’s the corporate equivalent of us finding out a “bootstrap self-starter kid l” was actually funded by a $2mm gift by his parents. Every single time it is the real answer.

0 replies 1 reposts 6 likes


Brosephine Wires's avatar Brosephine Wires @joparkerbear.bsky.social
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I want public equity. Give us back our right to go to the doctor without men from the statehouse getting involved, stuff like that

0 replies 1 reposts 15 likes


TQ White II's avatar TQ White II @tqwhite.bsky.social
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I have a friend who owns a veterinary hospital. He does ok but is not actually making huge bank. Turns out his costs are very high but the main driver of his modest prosperity is that people love their fucking dogs. He says the corps drive unnecessary procedures and extra vaccinations for profit.

0 replies 1 reposts 2 likes


Micah's avatar Micah @rincewind.run
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this was basically the campaign Obama ran against Mitt Romney in 2012 and everyone on the right lost their god damn minds about the smearing of a "good man" as an unfeeling vulture capitalist he was right though

2 replies 36 reposts 282 likes


John Yonchuk's avatar John Yonchuk @no1lion99.bsky.social
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You misspelled burn 🔥

0 replies 0 reposts 0 likes


Steve Uncle 's avatar Steve Uncle @the-barely-jew.bsky.social
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Imagine PE didn't exist and you were pitching this idea to society: "What if we insert another level of upper management above the people who understand how the company works? They provide no value and are just there to siphon off as much money as possible."

0 replies 4 reposts 27 likes


de la Nae (Kelsey)🐀's avatar de la Nae (Kelsey)🐀 @delanae.bsky.social
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the nice part of me hopes that, for their own sake, the evil money men realize that regulation is the civilized compromise they will like even less what my alternative for them is

0 replies 1 reposts 8 likes