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Benjamin Netanyahu

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See mentions of this person in podcasts
1611 total appearances
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Appearances Over Time

Podcast Appearances

Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

Then, as soon as you sign on the line, they own you and little by little the fees are added on, the kickbacks pile up and the fraud and extortion slowly bury you into bankruptcy. If you try to get out, they can sue you. or charge you tens or hundreds of thousands of dollars in exit fees, which are often written in from the start or added on to your contract.

2469.922 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

But even more appalling, private equity has latched on to a new strategy. They tell franchisees to use special SBA and ROBS loans. A ROBS-Loan, short for Rollover as Business Startup, although in this case the abbreviation ROBS conveys way more clearly what they're actually doing, they are a way for you to pledge your retirement account as collateral to fund your business.

2490.476 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

But even more appalling, private equity has latched on to a new strategy. They tell franchisees to use special SBA and ROBS loans. A ROBS-Loan, short for Rollover as Business Startup, although in this case the abbreviation ROBS conveys way more clearly what they're actually doing, they are a way for you to pledge your retirement account as collateral to fund your business.

2490.476 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

But even more appalling, private equity has latched on to a new strategy. They tell franchisees to use special SBA and ROBS loans. A ROBS-Loan, short for Rollover as Business Startup, although in this case the abbreviation ROBS conveys way more clearly what they're actually doing, they are a way for you to pledge your retirement account as collateral to fund your business.

2490.476 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

And so now, the private equity firm not only gets these people trapped in contractual servitude and milks them for all the credit they can acquire, but it also... gets all their liquid assets, but then it also gets their retirement account on an empty promise that you're gonna have a brand new business. Just trust us. Sign on the line.

2514.389 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

And so now, the private equity firm not only gets these people trapped in contractual servitude and milks them for all the credit they can acquire, but it also... gets all their liquid assets, but then it also gets their retirement account on an empty promise that you're gonna have a brand new business. Just trust us. Sign on the line.

2514.389 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

And so now, the private equity firm not only gets these people trapped in contractual servitude and milks them for all the credit they can acquire, but it also... gets all their liquid assets, but then it also gets their retirement account on an empty promise that you're gonna have a brand new business. Just trust us. Sign on the line.

2514.389 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

If that wasn't bad enough, they make sure that whenever possible, their victims are using SBA loans, which are special loans for starting small businesses, which are backed by the government. I presume that the initial idea here was to encourage banks to lend to people that are starting small businesses so it could spur the economy.

2536.067 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

If that wasn't bad enough, they make sure that whenever possible, their victims are using SBA loans, which are special loans for starting small businesses, which are backed by the government. I presume that the initial idea here was to encourage banks to lend to people that are starting small businesses so it could spur the economy.

2536.067 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

If that wasn't bad enough, they make sure that whenever possible, their victims are using SBA loans, which are special loans for starting small businesses, which are backed by the government. I presume that the initial idea here was to encourage banks to lend to people that are starting small businesses so it could spur the economy.

2536.067 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

But what it has become is a way for private equity to extort the system and steal from our tax dollars to the tune of Lord knows how much each year. Because an SBA loan, if you go bankrupt and can't pay it back, as so many of these aspiring franchisees cannot... It's backed up, up to 85% by the federal government.

2553.792 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

But what it has become is a way for private equity to extort the system and steal from our tax dollars to the tune of Lord knows how much each year. Because an SBA loan, if you go bankrupt and can't pay it back, as so many of these aspiring franchisees cannot... It's backed up, up to 85% by the federal government.

2553.792 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

But what it has become is a way for private equity to extort the system and steal from our tax dollars to the tune of Lord knows how much each year. Because an SBA loan, if you go bankrupt and can't pay it back, as so many of these aspiring franchisees cannot... It's backed up, up to 85% by the federal government.

2553.792 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

And so what winds up happening is based on these false promises and often fraudulent documents, predatory private equity groups can convince regular people to take out massive loans that they would never qualify for if they weren't joining an apparently reputable franchise. And when it turns out that the business model isn't what they were told, they're bankrupted.

2575.381 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

And so what winds up happening is based on these false promises and often fraudulent documents, predatory private equity groups can convince regular people to take out massive loans that they would never qualify for if they weren't joining an apparently reputable franchise. And when it turns out that the business model isn't what they were told, they're bankrupted.

2575.381 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

And so what winds up happening is based on these false promises and often fraudulent documents, predatory private equity groups can convince regular people to take out massive loans that they would never qualify for if they weren't joining an apparently reputable franchise. And when it turns out that the business model isn't what they were told, they're bankrupted.

2575.381 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

Their franchise is closed down, private equity walks away rich, and the taxpayer dollar covers the bill to the bank. In this way, private equity is using average Americans as willing suckers, as go-betweens, who get tricked into extracting every ounce of cash, savings and future credit that their whole life represents.

2596.179 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

Their franchise is closed down, private equity walks away rich, and the taxpayer dollar covers the bill to the bank. In this way, private equity is using average Americans as willing suckers, as go-betweens, who get tricked into extracting every ounce of cash, savings and future credit that their whole life represents.

2596.179 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

Their franchise is closed down, private equity walks away rich, and the taxpayer dollar covers the bill to the bank. In this way, private equity is using average Americans as willing suckers, as go-betweens, who get tricked into extracting every ounce of cash, savings and future credit that their whole life represents.

2596.179 View full episode →
Candace
The American Trucking Industry Runs on Exploitation — Here’s The Proof | Candace Ep 196

And private equity can run this whole scheme, never having taken on any risk at all. Except risk of going to prison if any regulator or law enforcement agency would ever wake up and do their jobs, which so far has not exactly happened. And so... The show goes on. Vielen Dank für's Zuschauen.

2618.047 View full episode →