The Week in Radical Leftism, 04/28/2023

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Welcome back to Day 810 of the Biden* regime! Let’s get straight to the crazy:

4/14 – Dad: ‘Hospital’s COVID-19 Malpractice KILLED my daughter’

At some point there will be a day of reckoning over all of the abuse that came about as a result of The Fauci Flu. This is one of the important fronts on the war.

4/15 – Infiltration: How The Chinese Communist Party Is Manipulating America

Longer podcast, but I’m going to keep pushing this very underreported story

4/18 – When the house of cards comes toppling down…

While I don’t agree with the proposed solution, I think that solution is one of a number of useful remedies

4/18 – UN Plots Giant Power Grab to Deal With “Global Emergencies”

This week’s edition of “I miss the days when stories like this sounded more like conspiracy theory than open fact”

4/18 – “The Implementation of Communism through Cultural Deconstruction and Indoctrination”

Shorter audio clip, well worth your time

4/21 – Zero Democrats Vote For House Bill To Protect Women’s Sports…

Why do Democrats hate women?

4/22 – Loony Science: German Mainstream Media Blame Riots At Public Pools On Climate Change

I already know The Radical left’s counter argument to this: “But becasue Climastrology forced all oft those refugees to flee their home countries, THAT’S the reason we’re getting these riots!” Of course, that argument doesn’t explain why these “refugees” are incapable of behaving like civilized people.

4/22 – TAX ME MORE!

I always enjoy stories like this when Left Wing Extremists get put on the spot for their hypocrisy. A decade ago I wrote about three top Massachussetts hard core Democrats (Kerry, Kennedy, and Warren) who refused to pay their fair share of taxes.

4/23 – A New Religious Holiday

I actually agree with making Earth Day a relgious holiday. We can finally move past this crap of pretending that Climastrology has anything to do with science.

4/23 – Florida LGBT Group Cancels Pride Parade After City Says No Kids Allowed

Um… how exactly do we Normals respond to this? I’m thinking something along the lines of, “Your proposal is acceptable.”

4/24 – Goodbye to Bad Education

A small win, but a win nonetheless

4/25 – DEMOCRATS FOR PEDOPHILIA

For all I’ve been raising the alarm about The Radical Left normalizing child r@pe, the MN legislature is now working to formally legalize it. And these people genuinely thinkn that they’re the good guys.

4/26 – House Whistleblower: US Gov’t is ‘Middleman’ in Child Trafficking Scheme

OK, are there any betting pools out there as to when we officially learn that the Biden* crime family is benefitting from the destruction of our borders?

4/27 – Teen Vogue: More Politics Than Fashion

KInd of makes you long for the days when the mag just groomed girls to be shallow and stupid. Of course, Teen Vogue still does, but now with a heaping share of malevolence

4/28 – Let the primary debates disappear

I’m torn on this. I agree that these debates are fairly useless, but without primary debates we would have been deprived of that great moment where Tulsi shattered Kamala’s glass jaw.

ICYMI – I revisited the Bud Light debacle by asking Is Bud Light The Battle of Midway in The Culture War?

Have a great weekend!

https://twitter.com/JesseKellyDC/status/1650844077556899840

Brother Bob is no longer on Facebook (although you can see his archives there), and is back on Twitter again, but is ramping up on Minds and Gab, as well as Parler and GETTR, and has his biggest presence on MeWe.

Cross posted at Flopping Aces
<!– Cross posted from Brother Bob’s Blog


–>

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What happened to Grace was bad, it was repeated in just about every hospital and nursing home, the Fauchi protocol. They were given bonuses for it.
The Bundys are back in the rear pages in the news, St Lukes is suing because they lost a medical kidnapping case. Baby Cyrus. They dont like being exposed. The same treatment as his Dad, not his first rodeo being demonized.

Private Equity Is Gutting America — and Getting Away With It – You’ll never place the blame where it really belongs. You think a billionaire has come to save you.

Last edited 11 months ago by Greg

Your article is behind a paywall, Im not paying the failing NY times.
BTW no one thinks anyone is coming to save us, some of have a plan. The fools that think the Government cares, will be dead.

Sorry. I didn’t run into a paywall or I wouldn’t have shared the link. It’s an informative op-ed. People need to know what’s really going on behind the scenes, while they’re being misled and distracted.

“Private equity” is a term we’ve all heard but which, if we’re honest, few of us understand. The basic idea is simple: Private equity firms make their money by buying companies, transforming them and selling them — hopefully for a profit. But what sounds simple often leads to disaster.

Companies bought by private equity firms are far more likely to go bankrupt than companies that aren’t. Over the last decade, private equity firms were responsible for nearly 600,000 job losses in the retail sector alone. In nursing homes, where the firms have been particularly active, private equity ownership is responsible for an estimated — and astounding — 20,000 premature deaths over a 12-year period, according to a recent working paper from the National Bureau of Economic Research. Similar tales of woe abound in mobile homesprison health careemergency medicineambulancesapartment buildings and elsewhere. Yet private equity and its leaders continue to prosper, and executives of the top firms are billionaires many times over.

Why do private equity firms succeed when the companies they buy so often fail? In part, it’s because firms are generally insulated from the consequences of their actions, and benefit from hard-fought tax benefits that allow many of their executives to often pay lower rates than you and I do. Together, this means that firms enjoy disproportionate benefits when their plans succeed, and suffer fewer consequences when they fail.

Consider the case of the Carlyle Group and the nursing home chain HCR ManorCare. In 2007, Carlyle — a private equity firm now with $373 billion in assets under management — bought HCR ManorCare for a little over $6 billion, most of which was borrowed money that ManorCare, not Carlyle, would have to pay back. As the new owner, Carlyle sold nearly all of ManorCare’s real estate and quickly recovered its initial investment. This meant, however, that ManorCare was forced to pay nearly half a billion dollars a year in rent to occupy buildings it once owned. Carlyle also extracted over $80 million in transaction and advisory fees from the company it had just bought, draining ManorCare of money.

ManorCare soon instituted various cost-cutting programs and laid off hundreds of workers. Health code violations spiked. People suffered. The daughter of one resident told The Washington Post that “my mom would call us every day crying when she was in there” and that “it was dirty — like a run-down motel. Roaches and ants all over the place.”

In 2018, ManorCare filed for bankruptcy, with over $7 billion in debt. But that was, in a sense, immaterial to Carlyle, which had already recovered the money it invested and made millions more in fees. (In statements to The Washington Post, ManorCare denied that the quality of its care had declined, while Carlyle claimed that changes in how Medicare paid nursing homes, not its own actions, caused the chain’s bankruptcy.)

Carlyle managed to avoid any legal liability for its actions. How it did so explains why this industry often has such poor outcomes for the businesses it buys.

The family of one ManorCare resident, Annie Salley, sued Carlyle after she died in a facility that the family said was understaffed. According to the lawsuit, despite needing assistance walking to the bathroom, Ms. Salley was forced to do so alone, and hit her head on a bathroom fixture. Afterward, nursing home staff reportedly failed to order a head scan or refer her to a doctor, even though she exhibited confusion, vomited and thrashed around. Ms. Salley eventually died from bleeding around her brain.

Yet when Ms. Salley’s family sued for wrongful death, Carlyle managed to get the case against it dismissed. As a private equity firm, Carlyle claimed, it did not technically own ManorCare. Rather, Carlyle merely advised a series of investment funds with obscure names that did. In essence, Carlyle performed a legal disappearing act.

In this case, as in nearly every private equity acquisition, private equity firms benefit from a legal double standard: They have effective control over the companies their funds buy, but are rarely held responsible for those companies’ actions. This mismatch helps to explain why private equity firms often make such risky or shortsighted moves that imperil their own businesses. When firms, through their takeovers, load companies up with debt, extract onerous fees or cut jobs or quality of care, they face big payouts when things go well, but generally suffer no legal consequences when they go poorly. It’s a “heads I win, tails you lose” sort of arrangement — one that’s been enormously profitable.

But it isn’t just that firms benefit from the law: They take great pains to shape it, too. Since 1990, private equity and investment firms have given over $900 million to federal candidates and have hired an untold number of senior government officials to work on their behalf. These have included cabinet members, speakers of the House, generals, a C.I.A. director, a vice president and a smattering of senators. Congressional staff members have found their way to private equity, too: Lobbying disclosure forms for the largest firms are filled with the names of former chiefs of staff, counsels and legislative directors. Carlyle, for instance, at various times employed two former F.C.C. chairmen, a former S.E.C. chair, a former NATO supreme allied commander, a former secretary of state and a former British prime minister, among others.

Such investments have paid off, as firms have lobbied to protect favored tax treatments, which in turn have given them disproportionate benefits when their investments succeed. The most prominent of these benefits is the carried interest loophole, which allows private equity executives to pay such low tax rates. The issue has been on the national agenda since at least 2006, and three presidents have tried to close the loophole. All three have failed.

Most recently, in 2021, as part of his first budget, President Biden proposed to end the benefit for people with very high incomes. But as he made his pitch, private equity opposition surged, and the largest firms each spent $3 million to $7 million on lobbying that year alone. One firm, Apollo Global Management, employed the former general counsel to the House Republican caucus, a former senior adviser to a past speaker of the House, a former chief of staff to another speaker and a former senator, plus more than a dozen other former officials.

As the plan wound its way through Congress, it grew weaker, and by the fall of 2021, the proposal to end the benefit was no longer a part of Mr. Biden’s budget negotiations. Instead, Congress approved an amendment that largely exempted small and midsize companies owned by private equity firms from a new corporate minimum tax. It was an obscure but important consideration, and with it, private equity firms managed not just to protect a preferred tax advantage — the carried interest loophole, which benefited people like Blackstone’s Stephen Schwarzman, whose income in 2022 was 50 times that of the chief executive of Goldman Sachs — but also to win a new one.

The story further explains why the actions of private equity firms often have such sorry consequences for everyone except themselves. By protecting favored tax benefits, firms receive disproportionate gains when their strategies succeed. But, insulated from liability, they face little consequence if those plans fail. It’s an incentive system that encourages risky, even reckless behavior like that at ManorCare, and is designed to work for private equity firms and no one else.

But if private equity firms are powerful, so too are ordinary people, who’ve had surprising success confronting firms regarding unaffordable prison phone calls and surprise medical bills, among other issues. Even if we’re unlikely to fix our tax code soon, activists and others can still push to update our laws and hold private equity responsible for its actions. Congress can clarify that firms can be sued for wrongs committed by companies they effectively control. States and cities can do the same when portfolio companies are based in their jurisdictions. By making private equity firms responsible for their own actions, we can build a better — and fairer — economy, and make tragedies like that at ManorCare less likely. All we need is the courage to act.

Last edited 11 months ago by Greg

Is joe going to run on his economy?
RFK is moving up in the polls. Why is the DNC afraid to put biden on the stage with RFK?

HOUSE JUDICIARY COMMITTEE
Top Biden agencies hit with subpoenas over social media ‘censorship’ coordination
by Gabe Kaminsky, Investigative Reporter |

So they go bankrupt hmm did the article say why they go bankrupt like firing useful employees forced retirement of those that built the once profitable business?
Sounds like shallow and meaningless reporting. Oh they want those esg ratings.
Fix the tax code…end all of it and pare down the fat lazy ignorant government.

Yes, the author explained EXACTLY why the nursing homes went bankrupt. That was the entire point of the article about private equity predation. The private equity concern forced the nursing homes to lay off employees by sucking every bit of capital out of the businesses and burdening them with unrepayable loans, before moving on to the next target like an effin’ vampire, with no accountability for the damages done—all entirely legal, and incentivized with tax breaks.

Thousands of residents died because of their money-making strategy. They’re not useful businesses; they prey on useful businesses.

Last edited 11 months ago by Greg

“Why does biden repeatedly shun hunters out of wedlock grandchild? Is he embarrassed that hunter hooked up with a stripper?”

Why do you mindlessly attack your cult leader’s enemies, rather than paying attention to the billionaire bastards who are sucking the life’s blood from your nation?

Why do you mindlessly attack your cult leader’s enemies, rather than paying attention to the billionaire bastards who are sucking the life’s blood from your nation?

You mean the billionaires that contribute heavily to the DNC and idiot Biden’s campaign? Why don’t you object to that?

Read the article, then tell me how blocking Biden’s effort to stop this bullshit wasn’t the real betrayal of the American people.

Why don’t you, for once in all your posts on here, ANSWER A F**KING QUESTION?

Because so many of your “questions” are assertions followed by a question mark. Billionaires contribute to republicans as well as to democrats. You seem to believe that they’re for one or another “team”, when they’re mostly for themselves. That’s how they get to be billionaires.

Lately you all seem to love Elon Musk. He supports universal basic income and carbon emission taxation. Idealism? I doubt it. He doesn’t want an uprising among the serfs; he sells electric cars.

The op ed above is about predatory private equity behavior, and the damage it does both to the public and the businesses they prey on. Any politician of either party who tries to correct the system that enables and encourages that sort of behavior is thinking correctly, on that particular issue.

Last edited 11 months ago by Greg

Lately you all seem to love Elon Musk. He supports universal basic income and carbon emission taxation.

You misunderstand. It’s not that “we” support Musk.

It’s that he supports FREEDOM, of speech, and of the democratic process.

We’ll all going to disagree on many things. That’s how it works: vigorous debate, and we come to a compromise.

You pigs are trying to end that, like you communist pigs always do.

You seem to believe that they’re for one or another “team”, when they’re mostly for themselves.

WE have been reminding YOU of that, you moron.

So shut up about FOX being “Conservative” or “GOP.”

They are not. They are part of these billionaires (who mostly support and pay for Democrats) who are destroying our nation and trying to install a global communist state.

This is how we fix America: Remember who we are, and the God we serve.

https://twitter.com/RyanAFournier/status/1651997420732002327

Billionaires contribute to republicans as well as to democrats.

But it is YOU pissing and moaning about billionaires and ignoring the FACT that grotesque billionaires like Soros, Bezos, Zuckerberg and others that are supporting Democrats and destroying this country. Yet, you don’t complain, whine, cry, bellyache about THAT. In other words, you are hypocritical SHIT.

The op ed is about private equity predation.

op ed
opinion little facts or information.
What is mknaomi maybe you will figure out who the enemy really is.

Last edited 11 months ago by kitt

The op ed is NOTHING BUT facts and information.

op means opinion, not fact or it wouldnt be labeled op,
ed = editorial not fact.
damn you dont even know how to read news.

Actually, no:

“An op-ed (abbreviated from “opposite the editorial page”) is an opinion piece that appears on a page in the newspaper dedicated solely to them, often written by a subject-matter expert, a person with a unique perspective on an issue, or a regular columnist employed by the paper.”

and an op-ed article is an article in which the author states their opinion about a given topic, often with a view to persuade the reader toward their way of thinking.
Not that their opinion is incorrect but it is only an opinion, you confirm you have the IQ of a crayon always

You haven’t said anything at all about the facts presented in the editorial, have you? Nothing. Nada. Zero. Zip.

None of you have.

Last edited 11 months ago by Greg

No we havent cause we dont GAF about the subject.

Last edited 11 months ago by kitt

Yeah, there’s a long list of important things that Trump’s followers no longer GAF about. Basically, they’ve turned off your brain. You only read what they want you to read and only think what they want you to think. The cult compound is inside of your own heads.

Last edited 11 months ago by Greg

Greg these are private businesses not on the stock market some how the owner gets bamboozeled. Thats why its called private. Were you crying about the businesses burned by BLM, those shut down because some government asswipe called them non essential? Nope never heard a word from you. The biggest wealth transfer in history because of the CDC.
You want to know cult? Democrats, they will accept any kind of filth and perversion if their leaders say so.

Of course he does not care about the small business owners or the average everyday American who loves God, Country and Family. All three are an anathema to him.

Yeah, there’s a long list of important things that Trump’s followers no longer GAF about.

What do you GAF about? How about the Biden Crime Family making tens of millions of dollars from the CCP without doing any actual work? See something to GAF about there?

Breaking — North Carolina Supreme Court reinstates Voter ID, bans Felon voting…

“We cannot win re-election…we can only re-elect Donald Trump.”

— Former VP, Joe Biden

https://twitter.com/charliekirk11/status/1651994502557745152

You haven’t said anything at all about the facts presented in the editorial, have you? Nothing. Nada. Zero. Zip.

That’s because it doesn’t belong here. You aren’t the author. You are here to comment on TWIRL, not divert the discussion. All you’ve done is further expose your hypocrisy.

Biden’s Handlers Trot Him Out for 12 Minutes Today Before He Shuffles Away (VIDEO)

I asked you why you piss and moan about billionaires when so many of them prop up your miserable, degenerate, failing, fascist party. A simple answer would suffice.

Isn’t your cult leader—the guy who’s always begging his supporters for money—a billionaire?

The article is about how a private equity fund methodically destroyed nursing home companies for profits, indirectly killing residents in the process, and how a tax law incentivized the process.

Last edited 11 months ago by Greg

Indeed he is. Yet, instead of using his money to destroy America, he put it aside to do more good for American than any person in recent history.

But, it ain’t me whining about bad old billionaires, is it, crybaby?

The op ed is about private equity predation.

You refer to, of course, Hillary’s son-in-law. Right?

Soros and Gates, Fauchi, the Bidens and the Obamas?
Greg, what is MKNAOMI?

Last edited 11 months ago by kitt

I wouldnt think of a nursing home for my mom, its only nursing homes?
Is CBS one of your reliable media companies?

Comrade Greggie, when did you become above copywrite laws?

The Biden-Harris 2024 Campaign is Off to an Awkward Start – Only 1,800 People Tune In to Watch Joe and Kamala Crash and Burn on Campaign Call (VIDEO)

3 Days After Announcing His 2024 Candidacy, Biden Gets Rocked by the Worst Poll of His Presidency

No chance this dunce gets out of the primary.

St. Louis Judge Moves to Hold Circuit Attorney Kim Gardner “Indirect Criminal Contempt” After Her Office Fails to Show Up for Shooting Trial

A soros piece shit DA

Democrats don’t have to follow no steenkin’ laws.

4/14 – Dad: ‘Hospital’s COVID-19 Malpractice KILLED my daughter’

The left was too busy weaponizing COVID against Trump to notice the catastrophic effects of their “protocols” based on politics.

4/15 – Infiltration: How The Chinese Communist Party Is Manipulating America

It’s pretty easy when one WANTS to be bought off and idiot Biden never passes up a paycheck.

4/18 – When the house of cards comes toppling down…

What the world has also seen is that even when we have a strong leader (Trump), our political system allows the anti-American left to hamstring him practically to the point of ineffectiveness. While maintaining respect through strong and determined leadership worked well, repairing the damage caused by a weak, corrupt moron (idiot Biden) requires more than just exhibition. When idiot Biden, tough, trash-talking the Saudi prince had to go crawling to him and begging for oil, the US tough image was shattered. Even if Trump or someone as tough and resolute came to office, in four year we could have Kamala or Buttplug or, one day, Sandy. That’s hard to come back from.

4/18 – UN Plots Giant Power Grab to Deal With “Global Emergencies”

It’s almost humorous to think of what the UN was originally intended to provide. Now it is controlled by communism and anti-American ideology, seeking to replace the most free, prosperous and liberty-loving government the world has ever known with the known and proven failure of socialism.

4/18 – “The Implementation of Communism through Cultural Deconstruction and Indoctrination”

Except it doesn’t appear schools are creating the “new MAN“. I don’t know what they are trying to make.

4/21 – Zero Democrats Vote For House Bill To Protect Women’s Sports…

Democrats feel they can rely on a majority of women’s vote. Now they pander to the mentally ill for their vote.

4/22 – Loony Science: German Mainstream Media Blame Riots At Public Pools On Climate Change

People misbehaving at a public pool? UNHEARD OF! It MUST be due to “climate change”. What’s next, PEEING in the pool? Call AOC! Scramble the private jets!

4/22 – TAX ME MORE!

You can add big, fat, gap-toothed Stacey “Hey, look at me, I’M the governor!” Abrams to your list.

4/23 – A New Religious Holiday

I guess that’s proof that even the most anti-God NEED something to worship.

4/23 – Florida LGBT Group Cancels Pride Parade After City Says No Kids Allowed

I guess they are admitting, “If we can’t sexually abuse children, what’s the point of being a child predator?”

4/24 – Goodbye to Bad Education

Without the left constantly reviving it, racism could simply die out.

4/25 – DEMOCRATS FOR PEDOPHILIA

Nothing new. Remember Ken Jennings, the NAMBLA supporter Obama proposed to be the “Safe Schools Czar?” Get it? A rabid pedophile to oversee the “safety” of children? We wouldn’t have just seen luggage stolen by a sick piece of shit. I’m sure Obama got a real laugh out of the sick irony of that. It appears that these mentally ill individuals believe that by deciding to perceive their mental illness as reality, a whole new list of “rights” get bestowed upon them, and those rights vary from moment to moment. I’m just glad granting “gay marriage” satisfied them for their lust for power.

4/26 – House Whistleblower: US Gov’t is ‘Middleman’ in Child Trafficking Scheme

Take the stories above on promoting pedophilia and add the 85,000 missing illegal immigrant children idiot Biden “took care of” and you have a recipe for some really happy pedos.

4/27 – Teen Vogue: More Politics Than Fashion

The kids have to be indoctrinated through every avenue. The left needs thoroughly indoctrinated zealots; they make the best useful idiots.

4/28 – Let the primary debates disappear

Imagine a Democrat debate between a guy that can’t put a coherent sentence together and a guy that always sounds like he’s about to break down crying. Yeah, I know it’s a medical condition, but though Kennedy would be a 200% improvement over idiot Biden, I can’t see him taken seriously by world leaders.

Last edited 10 months ago by Just Plain Bill