Ian Carroll
๐ค SpeakerAppearances Over Time
Podcast Appearances
Wow. Yeah. Geez. The self-awareness on that one is.
No, in the open Internet, like this is the scary dynamic is that in the open Internet, censorship just exposes itself and there's no there's no censorship response that is going to work. And I think they're learning that in real time. And I sort of get worried because you have to go full censorship. You have to shut things down. You have to do something way more extreme to get censorship to work.
No, in the open Internet, like this is the scary dynamic is that in the open Internet, censorship just exposes itself and there's no there's no censorship response that is going to work. And I think they're learning that in real time. And I sort of get worried because you have to go full censorship. You have to shut things down. You have to do something way more extreme to get censorship to work.
No, in the open Internet, like this is the scary dynamic is that in the open Internet, censorship just exposes itself and there's no there's no censorship response that is going to work. And I think they're learning that in real time. And I sort of get worried because you have to go full censorship. You have to shut things down. You have to do something way more extreme to get censorship to work.
or have some sort of serious calamity, like a large attack or a large tragedy. Like October 7th brought a lot of people together all at once around a lot of, I mean, around a tragedy, but also a tragedy dressed up in other lies. And so I worry that that is starting to be the only avenue available to like the BB Net and Yahoo camp in this world in order to keep the charade going.
or have some sort of serious calamity, like a large attack or a large tragedy. Like October 7th brought a lot of people together all at once around a lot of, I mean, around a tragedy, but also a tragedy dressed up in other lies. And so I worry that that is starting to be the only avenue available to like the BB Net and Yahoo camp in this world in order to keep the charade going.
or have some sort of serious calamity, like a large attack or a large tragedy. Like October 7th brought a lot of people together all at once around a lot of, I mean, around a tragedy, but also a tragedy dressed up in other lies. And so I worry that that is starting to be the only avenue available to like the BB Net and Yahoo camp in this world in order to keep the charade going.
No, I'm going to go look into Deuce World's death.
No, I'm going to go look into Deuce World's death.
No, I'm going to go look into Deuce World's death.
Well, there's a new immigration scandal today, and this time it is white people trying to come to America, and everyone's got a hot take. All that while Trump is seemingly reversing the status quo policy on Israel and simultaneously making deals with Saudi Arabia for hundreds of billions of dollars.
Well, there's a new immigration scandal today, and this time it is white people trying to come to America, and everyone's got a hot take. All that while Trump is seemingly reversing the status quo policy on Israel and simultaneously making deals with Saudi Arabia for hundreds of billions of dollars.
Well, there's a new immigration scandal today, and this time it is white people trying to come to America, and everyone's got a hot take. All that while Trump is seemingly reversing the status quo policy on Israel and simultaneously making deals with Saudi Arabia for hundreds of billions of dollars.
And we'll get to that right after we drop a big bombshell on the story we started yesterday about Unleashed Brands, Michael Browning Jr., and The Little Jim. All that today on Candace. Today, we're going to start with a brief reminder of what happened to Toys R Us, famously bankrupted by the private equity firm KKR and Bain Capital.
And we'll get to that right after we drop a big bombshell on the story we started yesterday about Unleashed Brands, Michael Browning Jr., and The Little Jim. All that today on Candace. Today, we're going to start with a brief reminder of what happened to Toys R Us, famously bankrupted by the private equity firm KKR and Bain Capital.
And we'll get to that right after we drop a big bombshell on the story we started yesterday about Unleashed Brands, Michael Browning Jr., and The Little Jim. All that today on Candace. Today, we're going to start with a brief reminder of what happened to Toys R Us, famously bankrupted by the private equity firm KKR and Bain Capital.
Because it's important to highlight just how much private equity will do for profit and how little they care about who they hurt while they do it. Before private equity bought them out, Toys R Us had $1.8 billion of debt. After private equity was done with them, they were loaded with more than $5 billion of debt. By 2007, interest expenses consumed 97% of their profit.
Because it's important to highlight just how much private equity will do for profit and how little they care about who they hurt while they do it. Before private equity bought them out, Toys R Us had $1.8 billion of debt. After private equity was done with them, they were loaded with more than $5 billion of debt. By 2007, interest expenses consumed 97% of their profit.
Because it's important to highlight just how much private equity will do for profit and how little they care about who they hurt while they do it. Before private equity bought them out, Toys R Us had $1.8 billion of debt. After private equity was done with them, they were loaded with more than $5 billion of debt. By 2007, interest expenses consumed 97% of their profit.
Amazon was a juggernaut that spelled the demise of traditional retail stores, and in 2017, roughly 7,000 stores and 50,000 jobs evaporated. Between 2015 and 2017, of the 43 large retailers and supermarket companies that filed for bankruptcy, more than 40% were owned by private equity firms.