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bradleyjg 2 days ago

> We can just ban private equity companies from doing this you know.

Ideologues love to identify some small group of bad guys that if we only rein in everything will be great.

It’s private equity! It’s health insurance executives! It’s trial lawyers! It’s CNN!

The actual truth is far worse. It’s 100 million homeowners, it’s 20 million healthcare workers, it’s an entire generation too online, etc.

There’s no magic bullets. Propagating the idea that there are is how we end up with garbage legislation and regulations that don’t improve anything.

What people need to start respecting and demanding from their government is competence. The ideologues of every stripe need to go sit in a corner for a decade or three while we build back up working institutions.

_DeadFred_ 2 days ago | parent [-]

it's private equity.

We have more private equity funds than McDonalds, looking to do this kind of extraction everywhere, because we have huge wealth inequality and therefor those at the top needing to park more money in more places. Then end goal is modern feudalism, with the top owning everything and extracting more and more from every single transaction/event in a person's life.

We can't fix competence when we have one political party working to make the government incompetent so that they can leverage that to tear down government. They have internal politicides such as 'starve the beast', all with the goal to make American government unable to function.

bradleyjg 2 days ago | parent [-]

No it really isn’t. That’s just the latest in a long line of boogeymen. The prior ones being banned somehow didn’t lead to paradise on earth. California is the world champion and banning boogeymen. How’s that going for them?

And it’s not just one party that’s working to make the government incompetent. Both are. One for the reasons you cite, the other because it is beholden to public employees that want more money and less work. Just visit nyc or Chicago to see how that goes.