“We are witnessing a private equity-style plunder of the entire US government -- of the USA itself.”
Friday, February 7, 2025
Cory Doctorow: The US is now being run by private equity hatchet-men, the same class of looters who suck the value from businesses, “converting their businesses from selling things to renting them out, loading them up with junk fees, slashing quality, jacking up prices over and over, and firing everyone who was good at their jobs.” pluralistic.net
These predators took down companies like Red Lobster, Toys R Us and Sears. Now they’re doing it to the United States.
Related: Dave Winer shares a link to the scene in Goodfellas where the main character explains how busting out a local restaurant works. “Fuck you. Pay me.” This is what Trump, Musk and their cronies are doing to the US now. youtu.be