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Another mark of a tyrant is that he likes foreigners better than citizens, and lives with them and invites them to his table; for the one are enemies, but the Others enter into no rivalry with him. - Aristotle's Politics Book 5 Part 11
Tucker is just a politically incorrect Elizabeth Warren. This is fact-free economic illiteracy. My takeaway is Tucker wants to prop up failing companies and have employees and management loot the company dry until bankruptcy leaving shareholders with nothing and he doesn't want people to lend distressed countries and companies money. And he is apparently against people making money by creating efficiencies if it means employees are fired or have to move. What a retard.
Embracing this garbage is the worst thing that could happen to the right. The socialist-protectionist-racialist right is not what is going to make America great.
I honestly for the life of me don't understand what these people are bitching about. You have a company that is undervalued. Guy takes stake in company to get it sold for more than it is currently worth. Company gets sold. Guy makes a lot of money by making a correct bet. The company making the purchase moves the headquarters to a new location from Nebraska. Okay? Seems like this is how things are supposed to work. https://www.msn.com/en-us/news/us/th...own/ar-BBXIPKI
"Employees at Cabela’s/Bass Pro who do not relocate to Springfield will be offered severance and outplacement support." http://sandhillsexpress.com/state-ne...obs-in-sidney/
Last edited by Krugminator2; 12-04-2019 at 02:24 PM.
True story. Many years ago, while Tucker was nominally pretebding to be somewhat libertarian, I saw him with his family on my car rental shuttle bus at the airport.
Truth forever on the scaffold, Wrong forever on the throne,--
Yet that scaffold sways the future, and, behind the dim unknown,
Standeth God within the shadow, keeping watch above his own.
Why is Trump popular? This type of story was once the staple on PBS and NPR. Trump and a portion of the GOP apparatus are combining typical points from both the Republican and Democratic platforms.
Democratic points Tucker, Trump, etc seem to be for: smaller foreign policy footprint, fighting tariffs on our exports, fighting illegals that take blue collar jobs, fighting vulture capitalism, pro 1st Amendment...
GOP points: Strong defense, pro 2nd Amendment, prolife, less red tape against businesses.
Whether they are sincere or not remains to be seen, but this is what I think is behind Trump's success.
The Democratic Party is for: free abortions for male to female transgenders, free healthcare for illegals, and other insanities.
...
Another mark of a tyrant is that he likes foreigners better than citizens, and lives with them and invites them to his table; for the one are enemies, but the Others enter into no rivalry with him. - Aristotle's Politics Book 5 Part 11
Pfizer Macht Frei!
Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.
Quiz: Test Your "Income" Tax IQ!
Short Income Tax Video
The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes
The Federalist Papers, No. 15:
Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.
Shareholders didn't build the company, shareholders didn't produce the product. Shareholders just bought stocks hoping to make a profit. They're not even involved in the day to day bushiness of the company. You seem overly concerned with 'shareholders', I wonder why that is?
"The Patriarch"
I tend believe markets and property rights work very well. A business' sole reason for existing is to make money for the people who own it. Shareholders own the company.
What's more interesting to me is how you think dog licenses and vouchers are tyranny but people who own property and want to increase its value are doing something wrong.
But if you own a big share of the business like Paul Singer, you get a big say. He bought it at $38 and the company sold for $60. Hard to see anything wrong with that.
And if someone starts a business and wants to control it, they don't need list it publicly and sell off most of their shares, now do they?
He can't force people to do anything.I don't know a ton about him. But I did read a biography on Carl Icahn. He looks for depressed companies. Buys a big stake. Gets on the board. And works to get other like minded people on the board through shareholder wide votes. And through that makes the changes necessary. It might be cutting costs, firing management, or looking for a competitor to sell the business to at a premium. I really don't know why that could be construed as bad. Management and employees might not like but there is a reason the business is undervalued. Guys like Singer and Icahn force business to be more efficient which ultimately makes society better off.
"The Patriarch"
Never attempt to teach a pig to sing; it wastes your time and annoys the pig.
Robert Heinlein
Give a man an inch and right away he thinks he's a ruler
Groucho Marx
I love mankind…it’s people I can’t stand.
Linus, from the Peanuts comic
You cannot have liberty without morality and morality without faith
Alexis de Torqueville
Those who fail to learn from the past are condemned to repeat it.
Those who learn from the past are condemned to watch everybody else repeat it
A Zero Hedge comment
Wasn't tough. A quick Google search shows that there has only been one hedge fund bailout in history and that wasn't even a real bailout because investors in it lost basically everything.
I don't even know how a hedge fund would get a subsidy.
Very weird the hatred finance gets. I remember Ron Paul commending Mitt Romney's background. I guess this really is Pat Buchanan/Dotard Forums now.
Never attempt to teach a pig to sing; it wastes your time and annoys the pig.
Robert Heinlein
Give a man an inch and right away he thinks he's a ruler
Groucho Marx
I love mankind…it’s people I can’t stand.
Linus, from the Peanuts comic
You cannot have liberty without morality and morality without faith
Alexis de Torqueville
Those who fail to learn from the past are condemned to repeat it.
Those who learn from the past are condemned to watch everybody else repeat it
A Zero Hedge comment
Ya, sounds like a real stand up kind of guy.Paul Elliott Singer (born August 22, 1944) is an American billionaire hedge fund manager, activist, investor, venture capitalist, and philanthropist, with a net worth of $3.5 billion according to Forbes.[2][3][4][5][6] His hedge fund, Elliott Management Corporation (EMC), specializes in distressed debt acquisitions.[7]:301[8] Singer is also the founder and CEO of NML Capital Limited, a Cayman Islands company.
Singer's philanthropic activities include financial support for LGBTQ rights an opposition stance to the political party which he is affiliated through his contributions and donations.[9][10][11] He has provided funding to the Manhattan Institute for Policy Research,[12] is a strong opponent of raising taxes for the wealthiest 1% of taxpayers and opposes aspects of the Dodd-Frank Act.[12] Singer is active in Republican Party politics and Singer and others affiliated with Elliott Management are collectively "the top source of contributions" to the National Republican Senatorial Committee.[13]
Fortune magazine described Singer as one of the "smartest and toughest money managers" in the hedge fund industry.[12] A number of sources have branded him a "vulture capitalist", largely on account of his role at EMC, which has been called a vulture fund.[4][14][15][16] The Independent has described him as "a pioneer in the business of buying up sovereign bonds on the cheap, and then going after countries for unpaid debts."[17] In 1996 Singer began using the strategy of purchasing sovereign debt from nations in or near default—such as Argentina,[12][18][19][20] and Peru[17][21][22]—through his NML Capital Limited[17] and Congo-Brazzaville through Kensington International Inc.[16] Singer's practice of purchasing distressed debt from companies and sovereign states and pursuing full payment through the courts has led to criticism.[20][23] Singer and EMC defend their model[4] as "a fight against charlatans who refuse to play by the market's rules",[18] and supporters of the practice have said it "help[s] keep kleptocratic governments in check."[24]
"The Patriarch"
Take away govt bailouts and govt borrowing and these investors won't be able to make nearly as much money as they are making now. They buy politicians and buy themselves all the favors they want
Tucker's trying to create a new political movement, which he and his associates call national conservatism.
This is actually old-fashioned leftism, the ideology of Roosevelt's Democrat Party: nationalism and anti-capitalism.
If you've seen the two-dimensional political spectrum, these people are the worst of both worlds.
That is, on this spectrum, libertarians are economically conservative and socially liberal.
Tucker and his ilk are economically liberal and socially conservative.
They hate markets as much as, if not more, than they hate crossdressers, or whatever bathroom-related nonsense is presently popular.
So, these people are not friends, and there's no reason to read, let alone post, any jibber-jabber they might scribble.
ITT cash register libertarians who don't care about towns and cities that go bankrupt after national big government policies sell out their industries and destroy their way of life.
Now why is Paul Singer familiar? Oh yeah, prominent neoconservative. Rubio was his boy.
http://www.ronpaulforums.com/showthr...Reference-List
Billionaire investor Paul Singer is the founder and CEO of the hedge fund Elliott Management Corporation and an important backer of rightwing “pro-Israel” advocacy in the United States. He has financed a host of Republican, neoconservative, and more traditionally philanthropic causes. “Depending on your view of campaign finance,” observed a writer for the Washington Post, “he’s either an activist donor, or an example of how campaign finance has gotten out of hand.”
...
https://militarist-monitor.org/profile/paul-singer/And another prominent neoconservative, Dan Senor, was a partner at Elliot.GOP mega-donor Wall Street billionaire Paul Singer is actively fundraising for Sen. Marco Rubio (R-FL), several sources have confirmed for Breitbart News.
...
https://www.breitbart.com/politics/2...r-marco-rubio/
On Wall Street, Singer is well known for his conservative, cutthroat investing style. In 1977, after he founded the Elliott Management Corporation—one of the oldest hedge funds in the United States, which at one point counted Dan Senor among its partners...
Last edited by Brian4Liberty; 12-05-2019 at 01:02 AM.
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul
Proponent of real science.
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