Started By
Message

re: This time private equity has ruined (checks notes) fire engines

Posted on 12/15/25 at 4:43 am to
Posted by ruzil
Baton Rouge
Member since Feb 2012
18171 posts
Posted on 12/15/25 at 4:43 am to
quote:

Capitalism gone awry.


Sounds like crony capitalism to me.
Posted by RelicBatches86
Florida
Member since Nov 2024
1061 posts
Posted on 12/15/25 at 5:09 am to
Imo? Nobody under 70 gives a shite about being called a communist or marxist.. cold War ended a long time ago
Posted by DMAN1968
Member since Apr 2019
12623 posts
Posted on 12/15/25 at 5:25 am to
quote:

where tax dollars provide a steady source of revenue

Found the problem.
Posted by nealnan8
Atlanta
Member since Oct 2016
4015 posts
Posted on 12/15/25 at 5:33 am to
quote:

What in the flying frick does a free speech case have to do with fire engine monopolies?

It was always about unlimited campaign contributions wrapped in the veneer of free speech. Corporations argued if they could not give millions of dollars to their favorite candidates, then their free speech was being limited.
In other words, total Bulls***t.
Posted by wadewilson
Member since Sep 2009
40342 posts
Posted on 12/15/25 at 9:21 am to
quote:

What do you propose?


A 4th branch of government. Every state elects 1 representative, and that group of 50 has direct oversight and authority over every publicly traded company and private equity group.

A corporation gets too big and they get broken into 10 pieces.

A PE firm gets too big and it gets liquidated.
Posted by wadewilson
Member since Sep 2009
40342 posts
Posted on 12/15/25 at 9:23 am to
quote:

ESO, backed by the private equity firm Vista Equity Partners, is one of many companies aggressively investing in public safety systems, where tax dollars provide a steady source of revenue. Some of the companies have come to dominate the supply of fire engines, emergency radios and fire retardant, among other vital products — with fire and police agencies objecting to the sharply rising costs.


That PE firm should be liquidated immediately and all funds given to the governments and taxpayers that its stolen from.
Posted by SippyCup
Gulf Coast
Member since Sep 2008
6829 posts
Posted on 12/15/25 at 9:25 am to
quote:

private equity has ruined


What has PE made better?

When your goal is to buy a company and milk it for every penny, its not going to get better from an employee or customer service side.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
71115 posts
Posted on 12/15/25 at 9:26 am to
quote:

Joshjrn


Posted by Tantal
Member since Sep 2012
19213 posts
Posted on 12/15/25 at 9:36 am to
quote:

They are called REV Group.
They took a once very highly respected, high quality RV manufacturer, Lance, and ran the company into the ground while squeezing every dime that they could out of their reputation that took decades to build. Having trashed the company, they just sold it off.
first pageprev pagePage 4 of 4Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram