War on Greed

At last, a war we can all get behind!

Brave New Films has launched a War on Greed.

First Target: Henry Kravis, a bottom feeder, who made 450 million dollars last year and payed (percentage wise) less taxes than the servants that work in his homes, not to mention less taxes (again, percentage wise) than policemen, firemen, veterans, and a whole bunch of other job categories do.

What does Henry Kravis provide society? What does he do? He borrows money from banks (in a transaction called a "sweetheart deal") and uses the money to buy U.S. companies. Well, now he has a company and he has a loan to pay off. So, what does he do? He fires a bunch of employees, sells the companies assets, and drastically cuts benefits for the remaining workers. He easily makes back the money he needs to pay off his sweetheart loan and keeps the rest for himself.

So, he destroys peoples lives and makes 51,000 dollars an HOUR doing it.

Nice guy. Oh, and guess what political party he belongs too?

Ken