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Dear John,
Shady investors are rigging the economy to get rich by making your life more expensive.
They have their tentacles in so many industries that they touch almost every part of your life without you even knowing it.
Our latest video explains how private equity managers are looting the economy to line their own pockets.
Private equity buys up housing at record rates. Housing costs skyrocket.
Private equity invests $100 billion a year in health care. Costs explode.
Hedge funds and private equity firms buy up half the nation’s daily papers. Reporters are laid off in droves.
The pattern is clear: when private equity gets involved, costs get higher and quality gets lower – while the rich get richer.
It’s past time for Congress to rein in this predatory industry.
Thanks for watching,
Robert Reich
Inequality Media
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