2021-08-04 11:05:22

How Private Equity Firms Prey on the Public


Sonali Kolhatkar speaks with Patrick Woodall, a Senior Researcher & Writer with Americans for Financial Reform.


As Senators and the White House continue to work out details of a bi-partisan deal on infrastructure spending, progressive lawmakers are playing “whack-a-mole” with provisions built into the bill that allows for private equity firms to dig their teeth into public programs. According to the organization Americans for Financial Reform, “Private equity is responsible for 1.3 million lost jobs in the retail sector alone…[and have] damaged the health care system, contributed to the affordable housing crisis, and helped build abusive monopolies.”

Patrick Woodall is the Senior Researcher and Writer at AFR/AFREF. Prior to joining the team, Patrick was the Research Director at the national advocacy group Food & Water Watch working on farm, food, water and energy issues. Patrick has decades of experience working as public policy analyst, researcher and advocate at the Consumer Federation of America, ACORN, Public Citizen, and Physicians for a National Health Program. He has policy and advocacy expertise on issues pertaining to economic and social justice, financial services, international trade, and antitrust. Patrick has written scores of reports across his career and co-authored a book on international trade.

Rising Up with Sonali is a radio and television show that brings progressive news coverage rooted in gender and racial justice to a wide audience. Rising Up With Sonali was built on the foundation of Sonali Kolhatkar's earlier show, Uprising, which became the longest-running drive-time radio show on KPFK in Los Angeles hosted by a woman. RUS airs on Free Speech TV every weekday.

Missed an episode? Check out Rising Up on FSTV VOD anytime or visit the show page for the latest clips.

#FreeSpeechTV is one of the last standing national, independent news networks committed to advancing progressive social change. 

#FSTV is available on Dish, DirectTV, AppleTV, Roku, Sling, and online at freespeech.org.

Americans for Financial Reform Economy Free Speech TV Patrick Woodall Private Private Equity Firms Public Rising Up with Sonali Sonali Kolhatkar Sonali Kolhtkar United States White House

Economy

Democracy Now!

“Another World Is Possible”: How Occupy Wall Street Reshaped Politics, Kicked Off New Era of Protest

“Another World Is Possible”: How Occupy Wall Street Reshaped Politics, Kicked Off New Era of Protest

The David Pakman Show

Michael Sandel: Even a Perfect Meritocracy Would Be Bad

Michael Sandel: Even a Perfect Meritocracy Would Be Bad

The David Pakman Show

Dems Pushing Higher Wealthy & Corporate Taxes

Dems Pushing Higher Wealthy & Corporate Taxes

Economic Update with Richard D. Wolff

Economic Update: The Rational & Irrational in Anti-Vaxxers

Economic Update: The Rational & Irrational in Anti-Vaxxers

Related

Democracy Now!

“Another World Is Possible”: How Occupy Wall Street Reshaped Politics, Kicked Off New Era of Protest

“Another World Is Possible”: How Occupy Wall Street Reshaped Politics, Kicked Off New Era of Protest

Democracy Now!

“Systemic Failure”: Top Gymnasts Blast FBI for Bungling Sexual Abuse Probe of Dr. Larry Nassar

“Systemic Failure”: Top Gymnasts Blast FBI for Bungling Sexual Abuse Probe of Dr. Larry Nassar

Democracy Now!

The Other Afghan Women: Rural Areas Hope Taliban Rule Will End Decades of U.S. & Warlord Violence

The Other Afghan Women: Rural Areas Hope Taliban Rule Will End Decades of U.S. & Warlord Violence

Democracy Now!

El Salvador Becomes First Nation to Make Bitcoin Legal Tender Amid Growing Authoritarianism

El Salvador Becomes First Nation to Make Bitcoin Legal Tender Amid Growing Authoritarianism

Proud Partners