'#Slaughter these #people': #Trump #rally #speaker amps up #Violent #rhetoric in calling for more #votes

#Miami-based #privateequity #manager #GrantCardone, #speaking at the #rally, ratcheted up the rhetoric as he condemned Vice President Kamala Harris and her "pimp handlers."

https://www.rawstory.com/trump-rally-electoral-slaughter-cardone/

'Slaughter these people': Trump rally speaker amps up rhetoric in calling for more votes

Donald Trump's Sunday rally at Madison Square Garden in New York featured a speaker who suggested MAGA needs an electoral "slaughter" for the former president to be elected again.

^{David McAfee (Raw Story - Celebrating 20 Years of Independent Journalism)}

I just used the phrase "extractive enshittification" and yes, I'm fully aware -- as will be anyone who closely follows @pluralistic -- that "extractive enshittification" is redundant.

But the alliteration sounds good and people who aren't fully tuned up on the deep economic explanation of enshittification may find the adjective helpful.

#enshittification #hypercapitalism #PrivateEquity

Excellent long read from Alex Blasdel explaining the dangerous rise of private equity, which he likens to a virus:

"..private equity exists to replicate and enlarge itself, not to build anything in particular....

...every day we’re not regulating it, we’re letting it regulate us. We’re letting it take over our cells and replicate aggressively. It’s clear who’s on the winning side of that bargain"

#PrivateEquity #VampireCapitalism
#BuyStripFlip #Finance
https://www.theguardian.com/business/2024/oct/10/slash-and-burn-is-private-equity-out-of-control?CMP=GTUK_email

Slash and burn: is private equity out of control?

The long read: From football clubs to water companies, music catalogues to care homes, private equity has infiltrated almost every facet of modern life in its endless search to maximise profits

^{Alex Blasdel (The Guardian)}

#ClimateDiary Where are your pension funds invested? For most public sector workers it’s impossible to extricate themselves from all this - this sector needs regulation SO bad.

Private equity firms swoop in “as large oil and gas firms seek to shed older and dirtier assets and the bigger banks increasingly regard them as risky investments. […]!some of the dirtiest assets have come to be owned by relatively obscure investment outfits, the report says.” #PrivateEquity

https://www.theguardian.com/business/2024/oct/01/private-equity-firms-us-pensions-fossil-fuel-projects?CMP=Share_iOSApp_Other