Friday, March 14, 2025

Town Hall Reactions' PEU Roots


Consider these facts in light of citizen anger expressed at town hall meetings over job cuts and the state of the economy:

Around 1 in 15 Americans have a relative who works for the government (federal, state & local).

A 2019 study by Harvard Business School and the University of Chicago found that private equity takeovers resulted in significant job losses, with an average of 4.4% job losses in the two years after a company was bought by private equity.

A report by six progressive nonprofit organizations and workers' advocacy groups stated that more than 1.3 million Americans have lost their jobs in the past decade as a result of private equity ownership in retail.

Flashback to 2011 when a business reporter wrote:

I have seen so many people -- particularly those in their 50s - 70s -- taken apart by what has happened in their industry as greed has hollowed out the economy. These are people took pride in their jobs and held themselves to this invisible standard that we all just took for granted, but is being wiped out. The Carlyle Group scares me more than anything I've ever seen on Wall Street. It seems to exist to corrupt politicians and it's hard to know who they even represent.


Politicians Red and Blue love PEU (private equity underwriters) and increasingly more are one.  

Of course elected officials (sponsored) are surprised by the public resonance with DOGE victims.  The resonance is rooted in prior PEU crap sandwich force-feeding to employees after "new ownership" took over and needed to finance that levered debt mountain.  

Trump II, the digital Caligula, was coronated.  His will be done ....to "harm nearly everyone simultaneously" (with the usual family/friends exception for even more enrichment).