Jindal’s Hostile Takeover: Like A Corporate Raider

The strange thing about that call is the word choice. “Hostile Takeover.” Now, as a matter of literally meaning, this implies some sort of struggle for power. Perhaps even an armed struggle. Something like a coup d’etat.

But the term “hostile takeover” is more often used in business. You might be familiar with the “vulture capitalism,” a charming term that Rick Perry popularized in 2012 to describe the kind of “hostile takeovers” that Mittens Romney was famous for executing as a corporate raider:

Jindal’s background as a bloodless corporate consultant (McKinsey alum) shouldn’t surprise in the double meaning in this term. Jindal is of course signaling that this takeover will be through his usual privatization obsession. The only way he knows how to govern. Not shrinking government. Just outsourcing it.

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About Lamar Parmentel

www.dailykingfish.com lead curator; enjoyer of bourbon, the dynasty and the beverage. Reside in New Orleans. Louisiane peut vivre éternellement

Posted on June 23, 2014, in Uncategorized and tagged , , , , , . Bookmark the permalink. Leave a comment.

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