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Did Private Equity Worsen the LA Fires?

More Perfect Union | November 2, 2025



Private equity dominates the fire truck market. They bought in looking to double profits — now communities everywhere are paying the price. Trump blames other countries for stealing American manufacturing, but he’s ignoring the problem of massive corporate greed.
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Written by More Perfect Union

Comments

This post currently has 29 comments.

  1. @loisk6186

    November 2, 2025 at 3:26 am

    They should bring a class action lawsuit saying illegal consolidation and monopoly power in the firetruck industry caused their houses to burn down in the fires.

  2. @mevothefox9442

    November 2, 2025 at 3:26 am

    ok 1st how is this legal isn't it basically RICO or Anti trust?
    2nd how does this happen with the government not knowing and proposing changes
    3rd (this isn't a question) US should do what Czechs did and gather a defenestration on private equity

  3. @niveknospmoht8743

    November 2, 2025 at 3:26 am

    Private equity has/is ruined the aftermarket auto and 4wd part industry also. The equities gobble up the manufacturers and then don't make any parts, then they file bankruptcy. Happened to a friend of mine where the Equity had been purchasing quite a few manufacturing companies then Bankrupted the portfolio for just under a BILLION dollars. They ruined about 15 of my vendors. A HUGE problem now is that they are now trying to gobble up Hospitals and Medical Centers

  4. @moejoe1863

    November 2, 2025 at 3:26 am

    Sounds like there isn't enough competition. So how do increase competition? If the ideal fire truck for the user is one that is self-dianosable and repairable, we need to have our representatives create laws that ensure that happents. So, why are they not doing that?

  5. @Alex-j8r4o

    November 2, 2025 at 3:26 am

    Many people who see problems like this and other issues going on America needs to open up their own on political parties corruption doesn't matter Republican or Democrat they are both equally responsible

  6. @PierreLahaie-n7c

    November 2, 2025 at 3:26 am

    You Americans are dumber than a bag of nails your country is insolvent because you keep electing legislated criminals that work for the oligarchs that pay 0 taxes enjoy Marshall law to protect the oligarchs not the American people

  7. @MarvinBullock

    November 2, 2025 at 3:26 am

    If Private Equity was designed to usurp antitrust laws, can their assets not be nationalized, sold off to competitors, and offset the national debt? It would certainly make day traders use more discernment with future investments. . . . .

Comments are closed.




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