You are without a doubt my favorite member in the Senate. Louisiana residents are very lucky to have you represent them. God bless you Senator Kennedy!
There is some things wrong here. These investment firms make promises and end up rebranding and lowering the quality of businesses. They are acting like a micro communist government and Senator Kennedy didn't notice
@@julierose7786 the witness is testifying about the complexity and lack of transparency in the banking system, banks love this because it allows them to call all the shots. as an example, as I did in another post on this thread, I refer you to your own credit card agreement. have you tried to read it? do you understand what your read if your did? are you aware that you have virtually no rights under that agreement, and that your lending institution can cancel you or raise your interest rate at any time for no reason at all? you have waived your right to sue, agreeing to arbitration. we ALL have because we have no choice, and we have no choice because there is virtually no competition among big banks, and regulation is minimal. when I was a kid, usury was a crime, and was defined as charging more than 14% interest. loan sharks were prosecuted. Today, banks charge up to 29% for revolving credit. Banks get billions annually from ATM fees, for you getting your money. Kennedy is all in for the banks.
One day, common to each human being, Senator John Kennedy will no longer be with us, and that will be a loss of immeasurable sadness! He demands truth and settles for nothing less. He is THE example of a gentleman and strong political leader in one noble man. We are BLESSED to have John in DC; would that there were a hundred more like him! THANK YOU, SENATOR KENNEDY, FOR ALL YOU DO FOR 'OUR' NATION! : )
The American people need to be investing in more food and lead. The begging and pleading is not going to fix this B.S.. This country is circling the bowl faster and faster.
If congress doesn't correct this blatant attack on our freedom and our country by traitors who have inserted themselves in our congress, then the military and The People will go to real war with them Old School style. We are about one decision away from that now. Stop playing!
@@AzzekaTheRealOne Hope your correct about the Milatary. All this woke B.S being implemented gives me doubts. Now our older veterans out here thats another story. Best wishes to you. Stand strong 🇺🇸
Gotta love that guy. Makes them blush and squirm in the hot-seat and then thanks them when he's done. Louisiana must be very proud to have him on their team.
Great job Senator Kennedy! Well, if anyone didn't understand how private equity investing works prior to watching this, they will leave this video with a great foundational understanding of the subject. The man has a way to make what most think is complicated and sum it up into an easily understood package. One last thing, true Capitalism is the only real way to ensure bad ideas fall by the wayside and good ideas flourish. Keep government out of funding private bad ideas because literally and actually everyone loses. We'll end up paying for a HB art gallery for crying out loud.
Senator John Kennedy, if people would just listen when you speak, they will understand what we should and shouldn't do to keep from losing our beautiful country. Thank You
Senator Kennedy, the way you formulated your speech is phenomenal. Very well spoken with an accurate description of private equity and free market enterrpise. Keep giving it to them !
That 5 Trillion Dollars that was missing did anyone find that or they trying to cover that up too !!!We the people just keep bailing you out !!We need some accountable form some agency!! Thanks Senator Kennedy
The "esteemed" treasurer from Illinois basically wants a takeover of private equity to lower the fees they pay and to reduce their due diligence costs at the expense of private markets. lol Two words come to mind. The first rhymes with truck and the second is off.
Are you getting this ? Do you understand businesses employ people and create new opportunities for many . Federal involvement will look like Cuba or Venezuela!!
Increasing transparency IS NOT knowing all the fees. Every investor should have all costs and fees for every investment declared, separated, and identified as such, on every statement. They know, but don’t tell you how much money they kept through your investment.
I went to place and the sale men did not explain the financial fee. Why he had the license business to run the business in the beginning. Without the legal matter priority for the clients or the customers or what. Why peoples go to votes. Is that relate the good services and finance concern in everyday or no.
lol, I like this guy. He is one laid back well mannered old fashion southern. Until the Bid admin came to power. Little by little, he been getting annoyed. lol, and shown he can be just as tough as nails. The admin craziness has really tested his gentle granddad type patience! Can't blame him when he gets worked up. Been seeing many REP getting worked up over the trash by the left, and the people they pick, or have a hearing who want to play "ring around the question". It is about time too. Being nice is not getting responses. Being firm and hard dose..
If they don't work with us.......... That says it all. Effort time if they don't work with us....we will not help....allot of effort ...we put alot of effort in to this..if you don't agree with us ....we will steal your money period.., private equity..,.massive layoffs. Free Enterprise.... We will roll in the money if you put your money with us... You will not make more money we will.....don't put money with these people...,private equity.... China makes money. America looses the American people losses as usual.... Employees ..loose money companies don't just American people...r
I remember a time when businesses went to the public for business advertisement and solutions in the form of open public contests and rewards. This cut costs for the company and rewarded individual innovators.
Simple solution is to make a law that states the price includes all fees and you cannot add on any additional cost after The Upfront transaction unless you're signing a contract they clearly lays out in one sentence the time reason and amount an additional expense may occur. Broad authorization to charge extra fees should be illegal. Same thing goes with any non-disclosure agreement that involves harm
The financial markets are all one entity. They present themselves as separate but it's one incestuous stew of "deals". He said the word "deals" early in the discussion, halted, and changed the course of the discussion. Oops.
This is excellent knowledge of a key ingredient of Capitalism which has led America to become the wealthiest nation & for most of the last 100 years, to this day is PREDOMINENTLY responsible for the financial well-being (including providing life-saving food for daily) of far more poor people in the world & the Military Defense of far more people outside our borders, at OUR expense, than any other nation on earth. Meaning: WE r the MOST GIVING & protective nation, at OUR expense, by far, on earth & trust me when I say, if we continue to keep Democrats as the majority Party of our government & the presidency, allowing them to destroy Capitalism, which in truth is the only economic system (& every nation has an economic system, including China which does have a Capitalistic system, but 1 that is ultimately subservient to the state & not The People) that can generate the wealth necessary to help & protect those in need, it will not be long B4 we will no longer have the ability to feed & clothe people, nor protect them from Russia, China or any other nation that wants to impose their will upon & take from them. & then they will come for US!! We must smarten Up & vote Right. The world's well-being is at stake.
I'm not convinced private-equity is something that we need. You hear all of the stories about high-quality businesses getting brought up and then turned to mediocre pieces of s***. It takes away the competition. I highly support more information. John Kennedy's wrong on this one. I'm not hearing particulars of government control I'm just hearing requirements that investment firms need to not be sneaky
i don't understand this. Wages go "UP": Due to\ Created via Capital for Innovation so New Technologies Improves Productivity - THAT's How Wages go Up??? Wage per Hour? I believed it to be, *EDUCATION* that leads to Better Wage - *or Corruption* Not Improve Company \ Business Innovation through Their use of Capital ..... Improving Productivity Saves them money. No? This 'Capital talk' would Improve Productivity, Saving Company\ Business money - Not Raise Wages. Higher Wage = HIGHER Costs.
Should not be a cost to understand a fee. This kind of used car salesman talk is exactly what's needs to be getting rid of from civilized Society. It's an insult to everyone who hears it
Senator ,они ,наверное ,не знаю , считают ВАС таким же "анахронизмом" как George Washington and som who sad, whrot WE ? !!!! ОЧЕНЬ.НАПРАСНО!(можно считать это Замечанием на будущее ).
You are without a doubt my favorite member in the Senate. Louisiana residents are very lucky to have you represent them. God bless you Senator Kennedy!
Thank you! We are quite proud to have him as our Senator!
I agree. He is hardworking, intelligent and makes me laugh my arse off!!
Senator Kennedy speaks so we all understand. Love it.
There is some things wrong here. These investment firms make promises and end up rebranding and lowering the quality of businesses. They are acting like a micro communist government and Senator Kennedy didn't notice
Love the Senator. He is a bulldog with incredible style.
He's a lying piece of crap. Everyone in Louisiana knows it.
do you know what you are loving? he's shilling for the big banks at YOUR expense....
@@twain3074 how on earth is he shilling for the big banks?
@@julierose7786 the witness is testifying about the complexity and lack of transparency in the banking system, banks love this because it allows them to call all the shots. as an example, as I did in another post on this thread, I refer you to your own credit card agreement. have you tried to read it? do you understand what your read if your did? are you aware that you have virtually no rights under that agreement, and that your lending institution can cancel you or raise your interest rate at any time for no reason at all? you have waived your right to sue, agreeing to arbitration. we ALL have because we have no choice, and we have no choice because there is virtually no competition among big banks, and regulation is minimal. when I was a kid, usury was a crime, and was defined as charging more than 14% interest. loan sharks were prosecuted. Today, banks charge up to 29% for revolving credit. Banks get billions annually from ATM fees, for you getting your money. Kennedy is all in for the banks.
@@twain3074 you have missed the point
I love Senator Kennedy. Thank you for defending us citizens! You are amazing!
Best Senator Ever..We are proud to call him our senator in Louisiana
Too bad about the "other guy" that represents LA though. He should have never been re-elected.
One day, common to each human being, Senator John Kennedy will no longer be with us, and that will be a loss of immeasurable sadness! He demands truth and settles for nothing less. He is THE example of a gentleman and strong political leader in one noble man. We are BLESSED to have John in DC; would that there were a hundred more like him! THANK YOU, SENATOR KENNEDY, FOR ALL YOU DO FOR 'OUR' NATION! : )
Senator John Kennedy rocks once again
Go John Go!!!!
Senator John Kennedy for president! I would vote for him at the drop of a hat
He's the most negative Senator ìn the world. Where never is heard a discouraging word.
The American people need to be investing in more food and lead. The begging and pleading is not going to fix this B.S.. This country is circling the bowl faster and faster.
If congress doesn't correct this blatant attack on our freedom and our country by traitors who have inserted themselves in our congress, then the military and The People will go to real war with them Old School style. We are about one decision away from that now. Stop playing!
@@AzzekaTheRealOne Hope your correct about the Milatary. All this woke B.S being implemented gives me doubts.
Now our older veterans out here thats another story. Best wishes to you. Stand strong 🇺🇸
@@AzzekaTheRealOne Who will you be shooting?
@@AzzekaTheRealOne Private Enterprise is important .
@@markportnoy6290 the useful idiots..aka..Democrats ?
GET EM SENATOR 💪
Love how well Kennedy speaks! Very inspirational to see elected officials speak truth, eloquently.
Gotta love that guy. Makes them blush and squirm in the hot-seat and then thanks them when he's done. Louisiana must be very proud to have him on their team.
Great job Senator Kennedy! Well, if anyone didn't understand how private equity investing works prior to watching this, they will leave this video with a great foundational understanding of the subject. The man has a way to make what most think is complicated and sum it up into an easily understood package. One last thing, true Capitalism is the only real way to ensure bad ideas fall by the wayside and good ideas flourish. Keep government out of funding private bad ideas because literally and actually everyone loses. We'll end up paying for a HB art gallery for crying out loud.
👏👏👏👏👏
"Go Senator Kennedy"!
Senator John Kennedy, if people would just listen when you speak, they will understand what we should and shouldn't do to keep from losing our beautiful country. Thank You
Oh, many of us listen to this incredible Man.
You are very smart, God Bless and Protect You 🙏
this was AWESOME
Senator Kennedy, the way you formulated your speech is phenomenal. Very well spoken with an accurate description of private equity and free market enterrpise. Keep giving it to them !
That 5 Trillion Dollars that was missing did anyone find that or they trying to cover that up too !!!We the people just keep bailing you out !!We need some accountable form some agency!! Thanks Senator Kennedy
Sen. Kennedy is a national treasure. I love his plain, spoken candor.
Wished every senator was 1/2 as smart as kennedy
It takes capital for the American people to open up their own business
Good one.
The "esteemed" treasurer from Illinois basically wants a takeover of private equity to lower the fees they pay and to reduce their due diligence costs at the expense of private markets. lol Two words come to mind. The first rhymes with truck and the second is off.
Yep
Why does it have to be so difficult to understand how they charge? I think in this case the government is working on our behalf...
Impeach President Potatohead, Let's Go Brandon!
Senator Kennedy is brilliant!
The incident in private equities must limit.
Jim Jordan / John Kennedy 2024
They just don't understand how anything works. Great job schooling him. 👏
I could watch this bloke all day...😂
Asking a question and hearing a promotional sales pitch?
I think he wants to form another monopoly for slick talkers
Are you getting this ? Do you understand businesses employ people and create new opportunities for many . Federal involvement will look like Cuba or Venezuela!!
Kennedy is awsome. A man who still has values morals and respect. He cares about the American people. God bless you john.
The private equities and lawful conduct. Who exam this.
I like John Kennedy
Increasing transparency IS NOT knowing all the fees. Every investor should have all costs and fees for every investment declared, separated, and identified as such, on every statement. They know, but don’t tell you how much money they kept through your investment.
Putting effort and time into something means bugger all. It matters only what the result is and whether it is effective and necessary.
Who do audit who do the inventory.
I went to place and the sale men did not explain the financial fee. Why he had the license business to run the business in the beginning. Without the legal matter priority for the clients or the customers or what. Why peoples go to votes. Is that relate the good services and finance concern in everyday or no.
At least he keeps The People , informed .
Geaux Senator Kenedy, you da man💪🏼👍🏻🇺🇸
These big businesses make money off of them workers not that product slave labor
I want to move to Louisiana so he can be my Senator rather than these dipsticks from Colorado who don’t have a clue.
lol, I like this guy. He is one laid back well mannered old fashion southern. Until the Bid admin came to power. Little by little, he been getting annoyed. lol, and shown he can be just as tough as nails. The admin craziness has really tested his gentle granddad type patience! Can't blame him when he gets worked up. Been seeing many REP getting worked up over the trash by the left, and the people they pick, or have a hearing who want to play "ring around the question". It is about time too. Being nice is not getting responses. Being firm and hard dose..
We don't know the American people don't know
Senator Kennedy is a national treasure.
If they don't work with us.......... That says it all. Effort time if they don't work with us....we will not help....allot of effort ...we put alot of effort in to this..if you don't agree with us ....we will steal your money period.., private equity..,.massive layoffs. Free Enterprise.... We will roll in the money if you put your money with us... You will not make more money we will.....don't put money with these people...,private equity.... China makes money. America looses the American people losses as usual.... Employees ..loose money companies don't just American people...r
.Love this man.
It's almost like an exposing of the meeting on Jackyll Island
Hes trying to make it more transparent. What's the big deal? He was saying it takes a lot of time and effort to understand how they charge.
Super Senator ❤🙏
I've watched this video like 5 times. I wish I could double like.
Why is this person repeating the same response for every damn question
I remember a time when businesses went to the public for business advertisement and solutions in the form of open public contests and rewards. This cut costs for the company and rewarded individual innovators.
I would vote for John Kennedy for President if he would run !!!
Quality and service almost every time ha ha Ha
When in doubt require the general public to have the most information possible.
This guy, after the January 6 riot, vote to decertify Arizona's electoral count.
We love the seneter too.👍👌😁❤️💯
It's a old one "Politician Splaining".
Simple solution is to make a law that states the price includes all fees and you cannot add on any additional cost after The Upfront transaction unless you're signing a contract they clearly lays out in one sentence the time reason and amount an additional expense may occur. Broad authorization to charge extra fees should be illegal. Same thing goes with any non-disclosure agreement that involves harm
The financial markets are all one entity. They present themselves as separate but it's one incestuous stew of "deals". He said the word "deals" early in the discussion, halted, and changed the course of the discussion. Oops.
The last 20 years is it work.
The no bullshit senator
All he takes is common sense and Senator Kennedy is full of common senses...
Excellent.
Never trust a banker that has perfect teeth
Why we elect the Kennedy
Jk once againe, i from Texas , but your my gd hero
This is excellent knowledge of a key ingredient of Capitalism which has led America to become the wealthiest nation & for most of the last 100 years, to this day is PREDOMINENTLY responsible for the financial well-being (including providing life-saving food for daily) of far more poor people in the world & the Military Defense of far more people outside our borders, at OUR expense, than any other nation on earth. Meaning: WE r the MOST GIVING & protective nation, at OUR expense, by far, on earth & trust me when I say, if we continue to keep Democrats as the majority Party of our government & the presidency, allowing them to destroy Capitalism, which in truth is the only economic system (& every nation has an economic system, including China which does have a Capitalistic system, but 1 that is ultimately subservient to the state & not The People) that can generate the wealth necessary to help & protect those in need, it will not be long B4 we will no longer have the ability to feed & clothe people, nor protect them from Russia, China or any other nation that wants to impose their will upon & take from them. & then they will come for US!! We must smarten Up & vote Right. The world's well-being is at stake.
I'm not convinced private-equity is something that we need. You hear all of the stories about high-quality businesses getting brought up and then turned to mediocre pieces of s***. It takes away the competition. I highly support more information. John Kennedy's wrong on this one. I'm not hearing particulars of government control I'm just hearing requirements that investment firms need to not be sneaky
Touche
i don't understand this. Wages go "UP": Due to\ Created via Capital for Innovation so New Technologies Improves Productivity -
THAT's How Wages go Up??? Wage per Hour? I believed it to be, *EDUCATION* that leads to Better Wage - *or Corruption*
Not Improve Company \ Business Innovation through Their use of Capital ..... Improving Productivity Saves them money. No?
This 'Capital talk' would Improve Productivity, Saving Company\ Business money - Not Raise Wages. Higher Wage = HIGHER Costs.
You are liers al but Kennedy. Goid job Kennedy.
Should not be a cost to understand a fee. This kind of used car salesman talk is exactly what's needs to be getting rid of from civilized Society. It's an insult to everyone who hears it
Takes capitals to but his sex partners
Answer the fuckin question
Jed Clampett.
And you're granny!!
(The Fix,You R #wasteoftheday
Senator ,они ,наверное ,не знаю , считают ВАС таким же "анахронизмом" как George Washington and som who sad, whrot WE ? !!!! ОЧЕНЬ.НАПРАСНО!(можно считать это Замечанием на будущее ).
The most negative Senator in the world.
There’s nothing negative about an U.S. Senator opposing fascist economic ideas .
@@charmainejames9539 One gets awfully tiresome of the fascist accusations.