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I have met him. And I read most of the history books in the library. Pleasure to meet you.Yes, me too. I hung out there in the summer because the babysitter place refused to allow me there because of my ADHD. BTW, that was a misdiagnosis, I was and am Bipolar. I used to run errands for the 911 girls and cops who had to show up for court. And I read every book in the Sci-fi section of the Library.
My Stepfather was known as Old Joe from the Parking Lot.
During a speech earlier this month to the Economic Club of New York, he promised to reduce regulations and open swaths of federal land for large-scale housing construction.“Regulation costs 30% of a new home, and we will open up portions of federal land for large-scale housing construction,” he said. “These zones will be ultra-low tax and ultra-low regulations—one of the great small business job creation programs.”
Al Gore, Sr, tried to filibuster the vote giving Civil Rights to black folk.
Donald Trump turned that 4oo million into 6.2 Billion.
Example;
When the Blake brothers finally retired, Friendlies cycled through a series of owners until 2007, when it was acquired by the private-equity firm Sun Capital. Under Capital’s ownership, Friendly’s struggled. Among other things, the private-equity firm piled debt onto the business, and required it to sell and lease back the property for some 160 restaurants, a move that made a quick profit but saddled Friendly’s with a new, unending obligation. Ultimately, Sun Capital pushed the chain into bankruptcy.When Private-Equity Firms Bankrupt Their Own Companies
Private-equity firms can succeed when their companies, customers, and employees fail. It’s a broken system.www.theatlantic.com
f Sun Capital showed no great aptitude for running Friendly’s, it demonstrated enormous skill in directing its bankruptcy. Under Sun Capital’s ownership, Friendly’s steered the case to Delaware—generally a favorable district for corporations—by chartering several subsidiaries there. Then, Friendly’s lawyers successfully petitioned to expedite the bankruptcy process through a “363 sale,” in which the company’s assets—or the company itself—are auctioned off free of its prior debts. The process largely removes the discretion of the court and, in Friendly’s case, gave the chain greater leeway to choose who would buy it. (One judge complained that, in such auctions, the judge “might as well leave his or her signature stamp with the debtor’s counsel and go on vacation.”)