Tucker’s Segment on Paul Singer and Sidney,NE

I just watched it. I think Paul is making a call. I wouldn't want to be Tucker, but he probably has decent security already.

Yes very disturbing to me. Used to drive from Colorado to Sidney just to go to Cabela's back in the 90's with my Dad....I'm all for capitalism but it can go too far when it destroys communities via hedge fund greed. But our system is set up to drive cost efficiency regardless of the human costs

Those Cabela folks do not like Paul Singer ... and for good reason.

I see this as part of unfettered capitalism that is not ethical.

The ability to be rich shouldn't come at the expense of laying waste to that many people's livelihoods. That's not building a better widget or developing a better service, what he and people like him are doing is just wrong.

Seems like Ben Sasse was more than just collateral damage of that segment.

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Many on here don't believe that is representative of the "2019 version of capitalism".

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Unfortunately, I don’t think this is an isolated incident or story. The end of the segment, calling out Sasse, highlights the main problem. The ‘2019 version of capitalism’ is making enough money to buy influence in DC and you are set.

The aspect that Tucker does not understand, and people fail to realize in these situations, is that the never-ending pursuit of shareholder returns dictate this. I'm not commenting on whether or not that's good or bad. Bur for anyone in this thread that disagrees with this happening, feel free to liquidate your 401(k) or child's college fund, or don't take your pension when you retire. Because you have benefited from this exact dynamic numerous times whether you realize it or not.

The second point is that Tucker likes to evoke the ever-powerful imagery of blight and socioeconomic decay in small-town and rural America. I don't disagree that it is a depressing concept. But automation and outsourcing are the predominant reason for this, especially in the rust belt. The maturation of our economy, and transition to other energy sources (whether artificially impelled by the government or not) has certainly not helped the coal industry either. Sometimes it's the albatross of unionization affecting an industry like the auto sector. There are lots of factors in play here, ascribing it simply to evil vulture capitalists like Mitt Romney is lazy "journalism" at best.

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Tucker went balls in on Ben Sasse

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Ben Sasse and Paul Singer contributed, in the Sidney case, of the worst excesses of crony capitalism.

Ted Cruz, and believe it or not, Bernie Sanders both railed against crony capitalism in 2016. As Cruz would say on the Stump "Bernie and I agree on the problem, but his solution is MORE GOVERNMENT to fix it, which is the fundamentally wrong answer".

Crony capitalism is wrong, and it is as much of a shite-taking on the middle class as is illegal aliens overrunning our schools and hospitals, and our shitty insurance options due to Obamacare.

Claim your high ground. The VC firm talked them into selling to them, they didn't go looking for money.

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The aspect that Tucker does not understand, and people fail to realize in these situations, is that the never-ending pursuit of shareholder returns dictate this.

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Check out the railroads and PSR. (Precision Scheduled Railroading)

The rails are hauling less traffic, by choice, and pulling more money out for dividends.

It won't end well.