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Theme: Private Equity: Porkfest or Criminal Syndicates?

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63 Comments

  1. Argentina? Read the book, “This time will be different” by Ken Roghoff and Carmen Reinhart. No other country has gone bankrupt more times than Argentina …. starting in the 1800s with British bailouts. Other books strongly suggest that the country has long been some kind of ‘demo’ project for elite intelligence agencies … CIA is only the most recent caretaker of Argentina. No wonder they have privileged access to IMF and World Bank funds.

  3. The Immigration and Nationality Act of 1965, also known as the Hart–Celler Act. The 1965 Act marked a change from past U.S. policy which had discriminated against non-northern Europeans. In removing racial and national barriers the Act would significantly alter the demographic mix in the U.S..

    1. If I am correct Sen. Ted Kennedy was involved with that because he stated that America was “ too white”. Some would say that that signaled the beginning of the erosion of our cultural cohesion with shared national values. Racist in my book.

      1. It is not a surprise that this act was pushed by two individuals who were not WASPs.

  4. I cannot get the video to work. Please Solari team if you would fix this so we can see the MP4. I like looking at the graphics as they discuss issues. I hope you will check the video to be sure it functions for would-be viewers. Thank you!

    1. Should be working. Can you let me know. If not, let me know what browser you are using and your ISP. Thanks.

  6. I love this show, but I have to pause it here and now and make my first-ever comment. What’s the deal here with sharing the video about immigration and linking Mexicans to drugs? That’s a really dangerous correlation to assert. The influx of Europeans in the 19th century correlated very highly with genocide. Why not mention that? Do either of you have any contact with Mexicans? Seems not. They are wonderful, hard-working people who have largely built this country in the recent decades. And Mexican immigration interfering with productivity is an absurd claim made without presenting any evidence. How many big companies profit from exploiting illegal labor? Doesn’t that meet your narrow “productivity” requirement? And no mention of US foreign policy destabilizing other countries in the region so people seek safety here? No recognition of these people as potential victims, is callous at best, when you know they are being used as political footballs, just like immigrants in Europe. Remember drug gangs in Central America are a US export. We destabilized their countries, profited off their civil wars, accepted refugees who we settled into our ghettos. Their kids were poor and naturally joined gangs (to deal CIA drugs) and when caught were deported back to their home countries where they continued their devastation. Only recently El Salvador (which is also trying to get off the dollar, coincidentally) has finally broken this cycle of US created and directed violence and people are returning there from the US. Of course, no mention of this. This “discussion” is one of the poorest and lacking in nuance I’ve ever see on this show. Do not forget you both are the decedents of immigrants. Don’t buy into the double-standards and fear-mongering of the mainstream Right of this country. You guys need to do better on this one.

    1. We also share a 1,933 mile long land border with 100+ million Mexicans who we have made sure have stayed poor and insecure. So it should be no surprise they are coming here, leaving their homes and families.

      1. I lived in Adams Morgan neighborhood in DC for 5 years in the 1990’s… with the Central American refugees created by violent US military actions in service to evil Trans National Corporations/Central Banksters. Empire Diaries writ large right next door… We need to stop our military. With a mentally DOA congress? I do not know how. But we have too.

      2. This appears to me to be ignorant of Mexican culture and politics which are the main reasons they are relatively poor.

        1. Please tell me about the culture that keeps them poor. I’ve lived and worked in Mexico and worked with Mexicans here and could say they have a better work ethic than a lot of people here. However, I don’t think drawing broad generalizations about certain types of people to be helpful, because it leads to scapegoating and the targeting of innocent people. We know larger forces are at play. Shining a light on those forces is what this show is normally about, which is why I commented when the only comments on immigration were 1) that they bring drugs 2) that the reduce productivity and 3) don’t integrate into society without providing evidence to support those claims nor anything about how they get here, who is funding them and what percentage of the millions are actually causing “problems”.

    2. My coverage of the narcotics trafficking in Mexico and Latin American over the last 20 years has repeatedly emphasized that it was driven by the United States – intelligence agencies, military, corporations and investors. I have reaffirmed that fact so many times, probably never occurred to me to reaffirm the obvious again. Will listen to this show, but will describe next time, including all the links on Solari’s historical coverage of narcotics trafficking.
      Here are some of the historical coverage if you have not read, highly recommended
      https://dillonreadandco.com/
      https://home.solari.com/money-markets-report-may-18-2023/
      https://home.solari.com/wp-content/uploads/2015/scoop_narco_dummies.htm

    3. “Do either of you have any contact with Mexicans? Seems not.”
      I wrote and produced a documentary (Bailout, 2012) in which I take a road trip to Las Vegas with four friends. Two of them (Ruben Castillo and Sergio Mayora) are Mexicans. Even a modicum of research on your part would’ve saved you from making such a trivially refutable mistake, something you might keep in mind before leading with your chin again on personal matters you know zero about.
      https://www.imdb.com/title/tt1928331/fullcredits?ref_=tt_ov_st_sm
      Ruben died in August 2015. Sergio and I are actually so close that we lived together for two years and remain in contact several times a week to this day. He grew up in one of the poorest neighborhoods in Chicago and was instrumental in helping me understand that huge swaths of people can’t afford to trust the news–and why. So spare me your condescending lecture. (“They are wonderful, hard-working people who have largely built this country in the recent decades.”) Seriously? Did you hear that on NPR?
      The theme of the show was “Private Equity: Porkfest or Criminal Syndicates?” The stories on immigration were tied directly to Blackstone’s exploitation of immigrant child labor. I don’t see any reflection of that in your comment. Frankly I don’t even know what you’re on about. Maybe if you used quotes and timestamps instead of personal insults I would, but honestly that ship sailed when you hit the post button.

      1. I felt there was no nuance on the commentary on the video on immigration. Linking Mexican immigration with an increase in societal problems without mentioning at the larger picture seemed to scapegoat individuals coming here rather than the forces controlling them. It makes sense if you both have detailed the larger picture before and with the link to the following story, but perhaps I needed it to be explicit. I admit I fell into the trap of assuming something about your experience with Mexicans (a point, which I take, and retract), but you did too, with the NPR comment. My comment was simply based on my experience working with them across this country over the past 25 years.

          1. I have to admit it was a good one. I did chuckle at it. Always appreciate your cracks…

    4. Wow, talk about lack of nuance… It is a fact that the immigration laws changed in the 70s, blocking Europeans and favoring Latins. There is no value judgement in that statement of fact. The drug trade is also a fact, rising over the years since the border restriction began relaxing. Also no value judgement there. I didn’t hear either Catherine or John say anything derogatory about Mexicans. Please correct me if I’m wrong.
      Here’s another fact: before Obummer took over, Latin immigrants generally came here to work, ie to pull their weight, either as permanent residents or, as temporary workers. Latin culture is very family oriented, and it is actually not that common for them to want to split up their families permanently. Even many Latins who came for extended periods planned to go back to their home countries when they had “made their nut,” so to speak.
      However, after that criminal took over, something like 25 fed gov agencies began flooding Latin airwaves with ads IN SPANISH, OF COURSE telling them all the ways Latins could get free money courtesy of you and me. The quality of the immigrants obviously changed. They no longer came to work, they came to be welfare queens. That is also a fact.
      There is big money to be made in the illegal drug trade. Have you entered the biz? And if not, why not? Could it be that people of honesty and integrity typically don’t want to sell street drugs knowing what they do to addicts? It is of course mainly the USG that created this horrendous state of affairs, but it takes two to tango.
      And, tell me, what kind of mother, especially a Latin mother, would send her underage girl BY HERSELF to another country? Don’t give me the line, “a poor one.” Poverty doesn’t create lousy parents. Lousy parents create poverty.
      None of this is in any way an insult to Mexicans. It is fact, and observations about some people in the world.
      We get enough of the juvenile taking-offence all around us in our daily lives. Do you have to bring it to this sanctuary of reason?

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