How is it possible for us to be entering a recession while buyout billionaires like Henry Kravis saved $96 million through tax loopholes in 2006 alone? That's just one buyout billionaire, in one year, making use of one loophole! Just think how much these private equity crooks are costing taxpayers who are already battling financial hardships and home foreclosures.
Our earlier War on Greed films garnered over 350,000 views and a lot of attention from The New York Times, The New Yorker, and The New York Post, not to mention the Private Equity Council. Such wonderful feedback made us realize that now is a crucial time to connect the dots between buyout billionaires and everyday Americans suffering through this recession. And in talking with many of you, we thought a short, animated video could be a great means of conveying the gross misconduct of Henry Kravis, KKR, and the policies of buyout exploiters. So Paris, Lee Stranahan, and the team went to work to bring you our first animated video.
Now for the serious part. Join over 18,000 people who have already signed our petition demanding our presidential candidates close the Henry Kravis tax loophole. Then, please send this film along to ten people. Make sure Larry the Loophole is seen by friends, relatives, and schoolmates through Facebook, MySpace-the works! We already started spreading our message yesterday outside the Waldorf-Astoria Hotel in New York, when we joined the SEIU to present Kravis with the "Loophole of the Year" Award.
Last week, journalist David Sirota wrote, "As the facts trickle out about the private equity scam, you can bet public pressure for change is going to start building." Yes, we've presented the facts here with animated satire and humor, but our hope is that this will allow us to reach tens of thousands of people together.
By the way, our Condi Must GO video was a smashing success. Not only was it the #1 Video on YouTube News and Politics, but we received over 70,000 signatures for our petition. However, we still need more to reach our goal. Help us send Condi packing by sending Condi Must GO to all of your friends to sign.
If we had public financing of campaigns, like the successful systems Arizona and Maine have been using for the last decade, billionaires like Henry Kravis and myriad other private special interests and individuals would lose their hugely disproportionate influence over our public policy. This is the reform that will make all the other reforms possible (healthcare, global climate change, etc.). Until we free our public officials from their dependence on private money we’ll never get the public policy we desperately need.
“Personal responsibility”; “meritocracry”;”level playing field”;”free market economy”; “global economy”;”free and open mkts”; de-regulation”
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it has always been a very simple formula and applies anytime.. the rich keep getting richer.. the poor keep getting poorer.
What about the loans? If a the company was sold, who assumed the debt? I think I missed that part. The problem is the masses fail to come together, and demand something be done, and don't let up until the goal is reached. Lets see, I think we did this for the Vietnam War, a lot of blood was shed, but we won. Todays college kids are to busy planning their next spring break. When will we say enough with scams, illegal aliens, corupt goverment,, from the school districts, city, town, state,and federal goverment. First we don't need life politians, two terms for any office, thats it. Next put a tumb or eye scan on every computer,so the person can be held responsible for the content they send over the internet. ( no tumb print, no internet)Each print will be registered to an international data base.
The american goverment is a totally shame! not happy just with fucking the file of millions of civilians there and other places of the world, also they give the money from the people to this band of dirty assholes to save them from the bankruptcy…save the people, not this banks that have created this crisis! Obama, what´s your game here? fight for the people or go back to the fucking hole you come from!!!!
go and fuck yourself idiot, with people like you in this world now i can understand why all this mess is happening..stupid fucking idiot
hey uh Eric What's your game you un-patriotic little snott. You give Obama less then a month to make a change that has been about 200 years in the making. Grow up!
Paul I hate to tell you this, but we did not win the Vite Nam War. What is a tumb ? Do you mean thumb. Also no way an I letting big brother censor everything I send over the internet I'm not a criminal, and I don't deserve to be treated like one.
I absolutely agree Craig. If some big oil guy came to my house and offered me billions of dollars to vote for some stupid hand gun law he liked, I honestly don't know what I would do. I'd like to think I would do the right thing, but you never get a second chance at anything but love.
All them are more of the same…and the rest of you…..stupid people that still feed yourselves with dreams……it will happen to you again and again and again, but you are unable to learn….in the land of the greedy you are asking for honesty…you are really crazy……meanwhile you keep believing in words instead of facts you will be always deceived so …..persist in voting charlatans …you know how to do it very well…I love you guys you are wonderful
With such a wonderful system in place, no wonder most everyone is living through this financial Armeggedon…..
The Rail Roads are all privately owned. Always have been.
Incorporation is the problem… eliminate the immunity that corporations have, eliminate the “ownership” of corporations by investors (i.e. redefine investment as a contract rather than a percentage share of a company) and make the operators of corporations responsible for their own decisions, debts and dilemmas. I am getting pretty tired of investment with no responsibility…
Incorporation is the problem… eliminate the immunity that corporations have, eliminate the “ownership” of corporations by investors (i.e. redefine investment as a contract rather than a percentage share of a company) and make the operators of corporations responsible for their own decisions, debts and dilemmas. I am getting pretty tired of investment with no responsibility…