Sound Familiar

Here is a paragraph from an article about radio celebrities being fired. The article in itself is not remarkable, but the players bring a familiar ring. Keep in mind that Clear Channel controls a huge portion of the media you hear on a daily basis.

On Wednesday, radio trade publications reported Moody’s analysts believe Clear Channel may have a tough time refinancing more than $10 billion in debt obligations due in 2016. Industry observers speculate that Clear Channel may have to consider a merger or a sell off of some of its assets. The company was acquired by Bain Capital in 2008.
                                                  Excerpt from an article written By

     We narrowly avoided electing the creator of Bain Capital as the leader of the free world. Bain’s seeming mentality of profit through liquidation continues. Is this what’s in store by the capitalist power lords in our country? When do you think these guys will get hold of UPS, and what will happen to you?