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Great indictment of "Private Inequity" firms
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See this concise exposé of private-equity funds in the New Yorker: Private Inequity. As a result, private-equity firms are increasingly able to profit even if the companies they run go under—an outcome made much likelier by all the extra borrowing—and many companies have been getting picked clean. … The real reason that we should be […]
Suzan DelBene fails to file important records with FEC, faces possible felony investigation
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With only a few days left in the primary race for the 1st Congressional District, progressive champion Darcy Burner and centrist Democrat Suzan DelBene are neck and neck in the polls. But recent revelations about DelBene’s failure to file important records with the FEC may (should) decide the race. Washington State Progressive Caucus Chair Judith […]
Freedom Foundation tactics
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The Freedom Foundation is bad news. It’s a libertarian think tank based in Olympia whose mission is “to advance individual liberty, free enterprise, and limited, accountable government.” Recently, they’ve been mounting a sustained attack on unions, especially public sector unions, with attack lines like “Union bosses buying our politicians” and “union political machine.” They also […]