He describes why an ambulance costs 600,000 dollars and takes two years to be delivered.
Sounds like mating elephants. Accomplished at high levels, involves a lot of roaring and screaming, takes two years to get results.
Cheers
Qazulight
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The same situation is true of fire trucks.
Private equity is the kiss of death.
Wendy
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Private equity as it actually manifests is simply wealth taking advantage of wealth to increase their wealth, heedless of any sense of shared community let alone humanity. And its successful self-worship, its buying evermore political power, have brought us to such a pass that mere reform and loyalty to the constitution may not be enough. We may need an actual refounding…
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That is a euphemism for shed blood.
Maybe true that it needs to happen, but it will not be pleasant.
“You may feel some pressure here”
My Dentist
Cheers
Qazulight.
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It will not be pleasant if we “shed blood” either euphemistically or really… and gosh we are getting closer, and more than a few corpses have been scattered here and there.
The crux of our democracy is elections, and elections have become travesties of the idea of citizen involvement in policy development and decisionmaking, with Town Meetings as a compelling antecedent. We are too populous to use classic town meetings, but the use of randomly selected citizens from the registered voting rolls working on both policy matters as well as on partisan candidate recruitment and selection could offer relative quick and not too painful roads forward. A real refounding would start there.
The collapse of our politics into a huge bombastic lying advertising slugfest is the primary sign of our democratic collapse. We need citizens who own and manage their realms via reasoned discussion with one another, leading to the selection of representatives.
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A predatory activity that benefits the top 10% that owns 90+% of the stock market furthering income inequality.
And private equity counts on the US government bail outs if their activity blows up. TBTF. Ultimately the US economy becomes a Ponzi scheme. Hundreds if not thousands of Zombie companies took low interest loans to buy back their stock to drive the stock price so the CEO can obtain more stock options due to the higher stock price. Any company profits are used to service the increasing level of debt. If the Zombie company bankrupts; workers lose their jobs but the CEO exits with his loot and live to loot again.
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And people wonder why the populace is turning against capitalism, the rich, and burning warehouses.
Didn’t watch the video, but recently the local fire department got a new firetruck to replace one that had been damaged in a wreck. Initially quoted $$$ and 2-3 years. Dropped on the bells and whistles and got a basic fire truck that fit the needs. New quote $ and six months.
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Did you know that private equity is taking over the pentagon?
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And FEMA:
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