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The Leveraged Buyout of America
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The Leveraged Buyout of America

How to Sell a Country in Pieces

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Steward Beckham
Jul 10, 2025
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The Leveraged Buyout of America
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Photo by Natalie Runnerstrom on Unsplash

One of the defining phenomena of America from the late 20th century into today is the leveraged buyout, where financial skyscraper donkeys offloaded the “real” economy for scrap, privatizing essentials, and hollowing out civic goods. Enter the aptly, or cynically, named “One Big Beautiful Bill.” Not for its beauty, dear readers, but for its sheer absurdity: a legislative coup d’état styled as a financial haircut.

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