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#PrivateEquity is a “billionaire factory”, contributing to the massive wealth and income inequality in the United States. It's created billionaires like Stephen Schwarzman who pour money into campaigns of anti-democratic politicians. #PirateEquity?☠️
When #PrivateEquity destroys retail jobs or raises the cost of a home or apartment, they are disproportionately hurting Black and Brown communities And exacerbating the racial wealth gap #StopWallStreetLooting #PirateEquity?☠️
Wall Street used to call #PrivateEquity “leveraged buyouts” They buy companies with money raised from pension funds, endowments, and wealthy people. They squeeze out their profit, harming workers in the process #StopWallStreetLooting #PirateEquity?☠️
We need to reform #PrivateEquity Make executives responsible for the damage they cause. Protect worker pensions. Close tax loopholes. #StopWallStreetLooting #PirateEquity?☠️
Since 2008, #PrivateEquity firms have grown from $1 trillion to $7.4 trillion. They’re playing by a rigged set of rules that allows a few people to profit at everyone else’s expense. #StopWallStreetLooting #PirateEquity?☠️
#PrivateEquity is a powerful Wall Street force in the American economy that harms workers and warps our politics. They rob the poor to give to the wealthy. We need reform. #StopWallStreetLooting #PirateEquity?☠️