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angrychair

Profile Information

Gender: Male
Current location: Olympia, Washington
Member since: Mon Nov 13, 2006, 01:36 PM
Number of posts: 1,839

About Me

Want to know more about what I care about? poormansumbrella on Twitter can contact me privately at poormansumbrella@gmail.com

Journal Archives

The Impossible

Far to often power and money control our outcomes. Millionaires and billionaires weld unprecedented influence over the halls of Congress. Money giving access that the majority of us could never get. Corporations have amazing influence over what we watch, hear, eat and know. The income inequality in our country and our world is stark. Every person, save one, running for the office of President of the United States is a millionaire. Some even billionaires. Millions of dollars are being pumped into this election cycle to control the outcome. The many are truly at the mercy of the few.

Competing against such a force would make even the best of us second guess ourselves.

2016 is different though. It is less about money. It is less about political power. While we are so much better than we were 8 years ago we still have so much further to go. Far to many are not where they should be. Far to many were left behind. If only we had someone that could bring that into focus. A muse to our writer. To help us throw away the script and rewrite it. Where would they find that?

It is possible that we have found what we need in a loud, ruffled, white-haired man from Vermont. Not rich. Not powerful. Not perfect. On a mission to make a difference.

Far to many were searching for a voice to give life to their frustration. To take a stand. That our society can longer tolerate the massive transfer of wealth, going to so few, to the detriment of so many. That is the vile, beating, black heart of the issue. The disparity of wealth creates a disparity of influence. We lack the ability to shape the outcomes that benefit ourselves as equally as they do the very wealthy. As that control slips further from our grasp, we loss faith in ourselves and the institutions we trusted to make the differences we need. We lose faith in ourselves. We doubt our ability to make things better. That is where we are now. We have such damaged views of our government, our financial industries and corporations and divide ourselves along such stark contrasted lines. We need a better way forward.
Sometimes all it takes is one voice. One voice to speak for those that feel they have lost their voice.
Someone to say we are sick. Healthcare, for women and men, is a right, not a privilege.
Someone to say We are poor. Education free of financial burden and fair pay is a right, not a privilege.
Someone to say our planet is damaged. Clean water, clean air and a stable climate are a right, not a privilege.
Someone to say that we are a people of many colors, many beliefs, sexual orientations and from many nations. Equal and fair treatment for all is a right, not a privilege.

These are not new or novel concepts. The ideals of a happy, healthy, educated and equal people were the seeds planted by our Founding Fathers from the very beginning. They were flawed men. They formed an imperfect union. But they aspired to so much more. That was their true genius. Their ability to see what we could become. Unafraid to forge ahead to achieve that future against an opponent that could not be beat. We were built on that hope, that need, for a better tomorrow. No matter the odds. Despite the naysayers. We, as a nation, are at our very best when faced with an impossible task.

That impossible task is laid out before us. Our nation is in need. We have a voice for our cause. This is not a task for a single person though. He has taken up the mantle but we need to take this journey right beside him. The outcome is in our hands, not Bernie Sanders.
Vote for Bernie Sanders.
Get Bernie Sanders to the White House.
Advocate for the ideals that matter to you, the reason you voted for Bernie Sanders.
Work to make those ideals a reality.

This is a symptom

Of years of failed election policy. As long as we continue to focus on the presidential elections and ignore the state, county and city elections, we will continue to be put in positions in which we have to win a presidential election as a veto stopgap measure. At some point even that will fail to be enough.
We have to win from the ground up, trying to win from the top down is a failed model. No one has those kind of coat tails.

Why it matters

I’d like to talk about Bain Capital. Not about numbers. Not about Rmoney and his history with Bain Capital specifically. Not about Bain’s connections to other companies, specifically. What I want to talk about is more important than that. I want to make the point of why organizations like Bain Capital matter.

Private equity firms are not, inherently, bad. Much like spiders and snakes, some people just don’t like them, their good points are misunderstood and private equity firms, and like spiders and snakes, can hurt people or they can just plain creep them out.

Spiders and snakes can keep harmful pests out of your house and garden. Private equity firms, like Bain Capital, can flush a company with much needed funds, saving a company and its employees. So there is a positive point to them. There is a negative side too. A snake or spider can bite you on the hand while doing some morning gardening and leave you fighting for your life before the sun goes down that night. Private equity firms, like Bain Capital, can buy out your company, leverage every penny out of it for its investors and leave the dry husk to blow away in the wind. A bad day for everyone but the snake and the private equity firm but the investors got a good return on their investment so what is the harm? At the end of day, someone might have got hurt but no big deal. Not so fast.

Here is where the similarities my analogy start to diverge. It all lies in the reasoning of why they do what they do. When a snake or spider bites you and hurts you, they did it out of their sense of self-defense. They were animals being animals. They didn’t seek that person out or act out in maliciousness. Why is that distinction important? The “why” matters. The choice matters.
Because when a private equity firm, like Bain Capital, seeks out a vulnerable company and leverages its assets and sucks all the value out of an organization, it has far reaching implications that can do un-told harm. That company's doors close, forever, employees are out of work, homes are lost, marriages become rocky or broken, families become fractured, drug abuse and alcohol abuse skyrocket, local communities can fail, towns can fall and state economies can suffer. All of these bad things came about because of a choice. A choice drove the decision to use a bat on the wounded company, to beat it to death and pick its pockets, not the choice of the helping hand of investment and revitalization.

That is why Rmoney’s association with Bain Capital matters in this election. That is why the President of the United States said running a private equity firm, no matter how successful you were at running it, is not the same as being President of the United States. The President’s job is to be there for everyone, not the few. Rmoney's choices matter in this election.
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