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	<title>Comments on: The War On Greed:  Party At Henry Kravis&#8217; House</title>
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		<title>By: MeDaVinci</title>
		<link>http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1136057</link>
		<dc:creator>MeDaVinci</dc:creator>
		<pubDate>Thu, 06 Dec 2007 22:28:18 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1136057</guid>
		<description>&lt;p&gt;Robert Greenwald has ripped the video production suite wide open.&lt;/p&gt;
&lt;p&gt;Go to his film production site –http://bravenewfilms.org/blog/20619#comments&lt;br /&gt;
and submit your fantasies to dispose of the many houses of Henry Kravis –&lt;/p&gt;
&lt;p&gt;1. Sell off everything on eBay and donate to his fired employees’ health fund? &lt;/p&gt;
&lt;p&gt;2. Convert the Greed Head’s multiple properties to charitable donations? &lt;/p&gt;
&lt;p&gt;I have an idea about making Kravis’ surname the definition of unconscionable greed on Wikipedia or someplace — you know, like asking for “one more Friedman” or six more months in Iraq.&lt;/p&gt;
&lt;p&gt;I also had an evil thought about offering some of the proceeds from sale of Greed head Kravits’ excess homes as a Bounty or Incentive Pool to be shared by the first Internal Revenue Service Audit Team that actually gets Kravis on something. (According to Greenwald, the 57th richest American (Henry Kravis) pays less income taxes than the janitors who still clean his buildings.)&lt;/p&gt;
&lt;p&gt;I’m just not sure about that extortion or bribery or gaming aspect of offering megabucks to IRS “public servants” for doing their jobs.&lt;/p&gt;
&lt;p&gt;At any rate, it’s a contest. And the winner gets filmed at their humble hovel taking down The Many Homes of Greedhead Kravis.&lt;/p&gt;
&lt;p&gt;Here’s Greenwald’s RFP for creative anti-greed suggestions:&lt;/p&gt;
&lt;p&gt;Henry Kravis is a billionaire, the 57th richest person in America. He acquired this wealth by purchasing public companies with borrowed money. To pay off the debt, he cuts benefits at the company, sells its assets, and lays off employees. &lt;/p&gt;
&lt;p&gt;1. Watch the video&lt;br /&gt;
2. What would you do with Kravis’ mansion?&lt;/p&gt;
&lt;p&gt;This get-rich-quick scheme made him $450 million last year. Meanwhile, his tax rate is lower than teachers, firemen, nurses, even his own cleaning staff! &lt;/p&gt;
&lt;p&gt;Yet everyday we hear another story, we live another experience, we see another example of the horrific economic pain our country is being devastated by. &lt;/p&gt;
&lt;p&gt;It’s time all of us started a WAR ON GREED. &lt;/p&gt;
&lt;p&gt;Watch the video: &lt;a href=&quot;http://warongreed.org/?utm_source=rgemail&quot;&gt;http://warongreed.org/?utm_source=rgemail&lt;/a&gt; &lt;/p&gt;
&lt;p&gt;Use this video as a funny, satirical, and poignant way of raising the issue with your friends, family and colleagues. Then start up your creative juices and figure out what *you* would do if you lived in one of Kravis’ mansions for a day during the holidays. Would you feed the homeless? Throw a huge party? Sell everything on eBay? &lt;/p&gt;
&lt;p&gt;Post a comment on the Brave New Films blog with your most creative use of Kravis’ mansions, and you could be the star of our next video! &lt;/p&gt;
&lt;p&gt;&lt;a href=&quot;http://bravenewfilms.org/blog/20619#comments&quot;&gt;http://bravenewfilms.org/blog/20619#comments&lt;/a&gt; &lt;/p&gt;
&lt;p&gt;Yep, we’ll pick the best idea and send a crew out to your home to film you challenging Henry Kravis to implement your idea. Then we’ll make sure he sees it… and maybe a few reporters too. :) &lt;/p&gt;
&lt;p&gt;Please join us in this battle. We plan to make the WAR ON GREED a key part of our work for the year ahead. With the elections in full swing, we must work to get the critical issues of economic disparity into the political dialogue as we have done with war profiteering, FOX, Wal-Mart, and more. &lt;/p&gt;
&lt;p&gt;Always fighting,&lt;br /&gt;
Robert Greenwald&lt;br /&gt;
and the Brave New Films team &lt;/p&gt;
&lt;p&gt;P.S. For more on Henry Kravis and other borrow-and-buyout corporations, we’ve compiled some good background material here: &lt;a href=&quot;http://warongreed.org/facts.php?utm_source=rgemail&quot;&gt;http://warongreed.org/facts.php?utm_source=rgemail&lt;/a&gt;&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Robert Greenwald has ripped the video production suite wide open.</p>
<p>Go to his film production site –http://bravenewfilms.org/blog/20619#comments<br />
and submit your fantasies to dispose of the many houses of Henry Kravis –</p>
<p>1. Sell off everything on eBay and donate to his fired employees’ health fund? </p>
<p>2. Convert the Greed Head’s multiple properties to charitable donations? </p>
<p>I have an idea about making Kravis’ surname the definition of unconscionable greed on Wikipedia or someplace — you know, like asking for “one more Friedman” or six more months in Iraq.</p>
<p>I also had an evil thought about offering some of the proceeds from sale of Greed head Kravits’ excess homes as a Bounty or Incentive Pool to be shared by the first Internal Revenue Service Audit Team that actually gets Kravis on something. (According to Greenwald, the 57th richest American (Henry Kravis) pays less income taxes than the janitors who still clean his buildings.)</p>
<p>I’m just not sure about that extortion or bribery or gaming aspect of offering megabucks to IRS “public servants” for doing their jobs.</p>
<p>At any rate, it’s a contest. And the winner gets filmed at their humble hovel taking down The Many Homes of Greedhead Kravis.</p>
<p>Here’s Greenwald’s RFP for creative anti-greed suggestions:</p>
<p>Henry Kravis is a billionaire, the 57th richest person in America. He acquired this wealth by purchasing public companies with borrowed money. To pay off the debt, he cuts benefits at the company, sells its assets, and lays off employees. </p>
<p>1. Watch the video<br />
2. What would you do with Kravis’ mansion?</p>
<p>This get-rich-quick scheme made him $450 million last year. Meanwhile, his tax rate is lower than teachers, firemen, nurses, even his own cleaning staff! </p>
<p>Yet everyday we hear another story, we live another experience, we see another example of the horrific economic pain our country is being devastated by. </p>
<p>It’s time all of us started a WAR ON GREED. </p>
<p>Watch the video: <a href="http://warongreed.org/?utm_source=rgemail">http://warongreed.org/?utm_source=rgemail</a> </p>
<p>Use this video as a funny, satirical, and poignant way of raising the issue with your friends, family and colleagues. Then start up your creative juices and figure out what *you* would do if you lived in one of Kravis’ mansions for a day during the holidays. Would you feed the homeless? Throw a huge party? Sell everything on eBay? </p>
<p>Post a comment on the Brave New Films blog with your most creative use of Kravis’ mansions, and you could be the star of our next video! </p>
<p><a href="http://bravenewfilms.org/blog/20619#comments">http://bravenewfilms.org/blog/20619#comments</a> </p>
<p>Yep, we’ll pick the best idea and send a crew out to your home to film you challenging Henry Kravis to implement your idea. Then we’ll make sure he sees it… and maybe a few reporters too. :) </p>
<p>Please join us in this battle. We plan to make the WAR ON GREED a key part of our work for the year ahead. With the elections in full swing, we must work to get the critical issues of economic disparity into the political dialogue as we have done with war profiteering, FOX, Wal-Mart, and more. </p>
<p>Always fighting,<br />
Robert Greenwald<br />
and the Brave New Films team </p>
<p>P.S. For more on Henry Kravis and other borrow-and-buyout corporations, we’ve compiled some good background material here: <a href="http://warongreed.org/facts.php?utm_source=rgemail">http://warongreed.org/facts.php?utm_source=rgemail</a></p>
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		<title>By: cognitorex</title>
		<link>http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1136038</link>
		<dc:creator>cognitorex</dc:creator>
		<pubDate>Thu, 06 Dec 2007 22:14:48 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1136038</guid>
		<description>&lt;p&gt;&lt;strong&gt;Computer Era Corporate Innovations&lt;/strong&gt;&lt;br /&gt;
.&lt;br /&gt;
From “Innovations of the Paperless Age”, Cognitorex Press.&lt;br /&gt;
Hire basic labor force at less than full time thereby shedding the cost of health care, pensions and seniority benefits. Transfer savings to executive management.&lt;/p&gt;
&lt;p&gt;Transfer previously tax paying internal accounting divisions to Offshore Tax Havens. Transfer savings to executive management.&lt;/p&gt;
&lt;p&gt;Underfund pension obligations, then enter bankruptcy to avoid promised worker retirement benefits. Transfer savings to executive management.&lt;/p&gt;
&lt;p&gt;Labels: CEO embezzlement, national health plan, what pensions, Nov ‘07&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p><strong>Computer Era Corporate Innovations</strong><br />
.<br />
From “Innovations of the Paperless Age”, Cognitorex Press.<br />
Hire basic labor force at less than full time thereby shedding the cost of health care, pensions and seniority benefits. Transfer savings to executive management.</p>
<p>Transfer previously tax paying internal accounting divisions to Offshore Tax Havens. Transfer savings to executive management.</p>
<p>Underfund pension obligations, then enter bankruptcy to avoid promised worker retirement benefits. Transfer savings to executive management.</p>
<p>Labels: CEO embezzlement, national health plan, what pensions, Nov ‘07</p>
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		<title>By: earlofhuntingdon</title>
		<link>http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135805</link>
		<dc:creator>earlofhuntingdon</dc:creator>
		<pubDate>Thu, 06 Dec 2007 17:52:49 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135805</guid>
		<description>&lt;p&gt;Among the many problems caused by private equity firms is bringing the mindset of bankruptcy liquidation to all of business.  It generates an unsustainable mutation in what we used to think of as a reasonable profit, giving us giraffes with forty-foot necks their bodies can’t support.  Hence, we have owners of newspapers like the LA Times, for example, scoffing at 15-20% rates of return (which would boggle the mind of a manufacturer), and who, in a panic, gut their newsrooms and offer up canned pablum from affiliates two thousand miles away.     &lt;/p&gt;
&lt;p&gt;Like a virulent parasite that too quickly kills its host, that greed (disguised as a business model) leaves behind no productive enterprise.  Employees and their benefits, investments in new products and services are all gutted, leaving behind a marketing shell whose job is to convince us that doing our own customer service and product repairs is actually a boon (for the ”producer”, not the customer) we should pay extra for.&lt;/p&gt;
&lt;p&gt;This ”business model” won’t be curbed or decline on its own; it will replicate until, like Will Smith in an empty New York, there’s a last man standing.  That’s not what builds a civil society, ”global competition” or no.  Average Americans have to say enough is enough, through their own choices, and through laws and regulations they demand from their government.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Among the many problems caused by private equity firms is bringing the mindset of bankruptcy liquidation to all of business.  It generates an unsustainable mutation in what we used to think of as a reasonable profit, giving us giraffes with forty-foot necks their bodies can’t support.  Hence, we have owners of newspapers like the LA Times, for example, scoffing at 15-20% rates of return (which would boggle the mind of a manufacturer), and who, in a panic, gut their newsrooms and offer up canned pablum from affiliates two thousand miles away.     </p>
<p>Like a virulent parasite that too quickly kills its host, that greed (disguised as a business model) leaves behind no productive enterprise.  Employees and their benefits, investments in new products and services are all gutted, leaving behind a marketing shell whose job is to convince us that doing our own customer service and product repairs is actually a boon (for the ”producer”, not the customer) we should pay extra for.</p>
<p>This ”business model” won’t be curbed or decline on its own; it will replicate until, like Will Smith in an empty New York, there’s a last man standing.  That’s not what builds a civil society, ”global competition” or no.  Average Americans have to say enough is enough, through their own choices, and through laws and regulations they demand from their government.</p>
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		<title>By: dewey</title>
		<link>http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135739</link>
		<dc:creator>dewey</dc:creator>
		<pubDate>Thu, 06 Dec 2007 16:57:38 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135739</guid>
		<description>&lt;p&gt;I did work at a Kukio Resorts (http://kukio.com/) on the Kona side of the Big Island of Hawaii. Kravitz is part owner with Charles Schwab. It is basically a gated community for Billionaires. The amount of wealth is obscene.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>I did work at a Kukio Resorts (<a href="http://kukio.com/" rel="nofollow">http://kukio.com/</a>) on the Kona side of the Big Island of Hawaii. Kravitz is part owner with Charles Schwab. It is basically a gated community for Billionaires. The amount of wealth is obscene.</p>
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		<title>By: Prairie Sunshine</title>
		<link>http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135705</link>
		<dc:creator>Prairie Sunshine</dc:creator>
		<pubDate>Thu, 06 Dec 2007 16:31:58 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135705</guid>
		<description>&lt;p&gt;Cost of doing business…predators like these figure a pool drain lawsuit here, a wrong dose to the newborns there…yeh, it’s just the cost of doing business…they factor in how much legal exposure to expect.&lt;/p&gt;
&lt;p&gt;Shameless.  Evil.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>Cost of doing business…predators like these figure a pool drain lawsuit here, a wrong dose to the newborns there…yeh, it’s just the cost of doing business…they factor in how much legal exposure to expect.</p>
<p>Shameless.  Evil.</p>
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		<title>By: egregious</title>
		<link>http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135699</link>
		<dc:creator>egregious</dc:creator>
		<pubDate>Thu, 06 Dec 2007 16:29:45 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135699</guid>
		<description>&lt;blockquote&gt;&lt;p&gt;You lost me at “he does not plan to offer concrete solutions.”&lt;/p&gt;
&lt;p&gt;Absent that, isn’t the entire exercise rather pointless?&lt;/p&gt;
&lt;/blockquote&gt;
&lt;p&gt;This is the history of the entire Bush/Cheney administration.  No solutions, only politics.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<blockquote><p>You lost me at “he does not plan to offer concrete solutions.”</p>
<p>Absent that, isn’t the entire exercise rather pointless?</p>
</blockquote>
<p>This is the history of the entire Bush/Cheney administration.  No solutions, only politics.</p>
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		<title>By: Prairie Sunshine</title>
		<link>http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135698</link>
		<dc:creator>Prairie Sunshine</dc:creator>
		<pubDate>Thu, 06 Dec 2007 16:29:03 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135698</guid>
		<description>&lt;p&gt;These guys are no better than bandits.  Feeding off the defenseless.&lt;/p&gt;
&lt;p&gt;What government is supposed to do is protect the powerless from the powerful…not enable the powerful to devour the powerless.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>These guys are no better than bandits.  Feeding off the defenseless.</p>
<p>What government is supposed to do is protect the powerless from the powerful…not enable the powerful to devour the powerless.</p>
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		<title>By: burnspbesq</title>
		<link>http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135696</link>
		<dc:creator>burnspbesq</dc:creator>
		<pubDate>Thu, 06 Dec 2007 16:27:38 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135696</guid>
		<description>&lt;p&gt;You lost me at “he does not plan to offer concrete solutions.”&lt;/p&gt;
&lt;p&gt;Absent that, isn’t the entire exercise rather pointless?&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>You lost me at “he does not plan to offer concrete solutions.”</p>
<p>Absent that, isn’t the entire exercise rather pointless?</p>
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		<title>By: KevinHayden</title>
		<link>http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135654</link>
		<dc:creator>KevinHayden</dc:creator>
		<pubDate>Thu, 06 Dec 2007 15:50:52 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135654</guid>
		<description>&lt;p&gt;It’s good to see the Carlyle Group teaching the Bin Laden family how to be quietly effective at mass killing instead of that noisy terrorism stuff.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>It’s good to see the Carlyle Group teaching the Bin Laden family how to be quietly effective at mass killing instead of that noisy terrorism stuff.</p>
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		<title>By: masaccio</title>
		<link>http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135639</link>
		<dc:creator>masaccio</dc:creator>
		<pubDate>Thu, 06 Dec 2007 15:40:10 +0000</pubDate>
		<guid isPermaLink="false">http://firedoglake.com/2007/12/06/the-war-on-greed-party-at-henry-kravitz-house/#comment-1135639</guid>
		<description>&lt;p&gt;I’m not quite seeing why Medicare is an issue. I have represented several privately owned nursing homes in Chapter 11 cases, they took Medicare and still made a nice profit. Their problem was poor choices in financing, not innate profitability. Of course, they did not take pro bono patients, but Manor Care doesn’t either.&lt;/p&gt;</description>
		<content:encoded><![CDATA[<p>I’m not quite seeing why Medicare is an issue. I have represented several privately owned nursing homes in Chapter 11 cases, they took Medicare and still made a nice profit. Their problem was poor choices in financing, not innate profitability. Of course, they did not take pro bono patients, but Manor Care doesn’t either.</p>
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