Private Equity Firms

Private Equity Firms, such as Apollo Global Management, are doing quite well for themselves. You can read about it here:

http://www.ft.com/intl/cms/s/0/dd3c8c42-a825-11e3-8ce1-00144feab7de.html#axzz2vftVJOSm [a subscription to FT.com may be required]

What does this bode for the rest of us? Poverty, mainly.

And here's a story about a hedge fund which is shorting a company it is attempting to bring down, thereby hoping to profit handsomely while (according to them) doing us all a great service:

http://finance.yahoo.com/blogs/talking-numbers/here-s-why-ackman-could-make-a-boatload-of-money-shorting-herbalife-205408332.html

There are a lot of clever new ways to make big money, while at the same time there is a shortage of jobs or the ability to make small money (i.e., to survive at the bottom of the totem pole). Is this a situation of which you approve? You prolly do if you're in the one percent, but prolly don't if you're a 99 percenter.

Just because they can doesn't mean we should let them. When activities which are destructive of human well being are "legal", perhaps it's time to reevaluate the legal system.

God money I'll do anything for you.
God money just tell me what you want me to.
God money nail me up against the wall.
God money don't want everything he wants it all.

Bow down before the one you serve.
You're going to get what you deserve.

http://youtu.be/cV2EUUF47Ms