With Musk and DOGE, does it feel like the US has been taken over by private equity? - ThreadSky

davidho.bsky.social • 10 days ago

With Musk and DOGE, does it feel like the US has been taken over by private equity?

Reposted from David Ho

Has private equity ever made anything better?

Comments

jayrayspicer.bsky.social•10 days ago

It feels like it's been taken over by private equity because it has been.

feralhusband.bsky.social•10 days ago

Great take! I’ve worked for companies bought by PE. This is their playbook. Layoff a bunch right away and many others will the self select to leave.

erflynncomics.bsky.social•10 days ago

Spot on observation I'd say. Don't forget there's also a large schmeer of Libertarian BS on top!

wokeful.bsky.social•10 days ago

More like the Heritage Foundation, so yeah.

ilikemyke.bsky.social•10 days ago

https://bsky.app/profile/ilikemyke.bsky.social/post/3lhzbqbbuhk2v

donellgmab.bsky.social•10 days ago

It only took 53 days
#DOGE is how he will do it.
https://www-theatlantic-com.translate.goog/ideas/archive/2025/01/hitler-germany-constitution-authoritarianism/681233/?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp&_x_tr_hist=true

timetoresistisnow.bsky.social•10 days ago

Can this record be beaten… popcorn time 😰

danbad23.bsky.social•10 days ago

But PE doesn’t stick around…once they’ve pumped its paper value, they dump/sell and move on. Will Musk/DOGE move on in a few years? Also, the P2025 people are religious fundamentalists. They play for keeps.

caliglow.bsky.social•10 days ago

Feels like being taken over by hackers

newsyone.bsky.social•10 days ago

Private equity is never for the people or the masses. It is a business venture to line the pockets of big business, government etc.

russ.amodernremedy.com•10 days ago

In fairness, Private Equity does two things great:

1️⃣ Increases their own net-worth via Enshittification
2️⃣ Help me work out which products/services to avoid

xelayu.bsky.social•10 days ago

Yes yes it does something like that

itsemmyrose.bsky.social•10 days ago

Feel like? It is 🤢

largesseadultson.bsky.social•10 days ago

Yeah https://bsky.app/profile/largesseadultson.bsky.social/post/3lhxfi53doc2z

tmsullivan.bsky.social•10 days ago

Yes.

megasoreassrex.bsky.social•10 days ago

Every new software “business solution” we have implemented at my job over the last 5 years has been owned by private equity and has been TRASH. Im not worried about automation replacing my job because we always need to hire more people to manage the trash ass system we just implemented

smuuchii.bsky.social•10 days ago

yeah, that's why krause (the citrix/broadcom guy) is there alongside elon

fqngrbge.bsky.social•10 days ago

It feels like it because it's true. The business owners have taken over the country. They are dismantling the very pillars of the democratic system they used to get in these positions of power.

blueraybluejay.bsky.social•10 days ago

I felt that before. The current idiots just cemented the point.

davidho.bsky.social•10 days ago

This feels like a private equity play.

cheerijessie.bsky.social•10 days ago

Going to run government like Red Lobster

esgarchitect.bsky.social•10 days ago

Where insiders can make bank.

maniccage.bsky.social•10 days ago

Who gives a shit about 2 quarters from now? Not private equity

ckilzer.bsky.social•10 days ago

Like other things it's not up yo him to sell anything

chaiminda.bsky.social•10 days ago

Yes 100%. The Bain Capital model.

khakhalin.bsky.social•10 days ago

More like, private equity always felt (because it always was) a thug-driven hostile highjacking. But I guess yes, it works in the opposite direction as well..

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