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Private Equity Acquires the U.S.

I am somewhat worried that Romney’s plan for America is similar to Bain Capital’s private equity strategy.  He and his Republican partners will take over America, suck all the money out, and leave her a fragile, empty shell of what she used to be.  That’s why Romney won’t spell out his plan for how he will cut taxes 20% without reducing revenue.  He doesn’t care about revenue to run the government; he just wants his money, along with that of his wealthy colleagues.  Big corporations benefit from government largess as much as, or maybe more than, the poor 47% that Romney despises as worthless, such as active duty soldiers who pay no taxes.  The rich get government subsidies both for their companies (e.g., government insurance for too-big-to-fail banks), and for themselves as executives (e.g., capital gains taxes), not to mention their companies that are almost entirely dependent on government funding (e.g., defense contractors). 

So Romney gets elected. cuts taxes, and privatizes everything now performed by the government, That’s why he and the Republicans are so concerned about maintaining defense spending.  They don’t care about the troops; it’s the defense contractors that they are worried about.  They will privatize everything from air traffic control to diplomacy, and pay their fat-cat contractors much more than they pay government employees to provide the same services.  The government will go broke, but they will become richer in the bargain and move on to China or Africa, or wherever the next market victim is perceived to be. 

Since I am concerned about how influential Jews have become in the last 50 or so years, I anticipate that many will leave and go to Israel, taking their profits from America with them.  The Asians, another successful immigrant group, may do the same, taking their winnings back home to Asia. 

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