https://www.realclearpolitics.com/video/2019/12/03/tucker_carlson_how_paul_singer_hedge_funds_are_destroying_rural_america.html
Drive down properties to fire sale prices. Swoop in and buy them at pennies on the dollar.
I’ve been suspicious that this is the real reason for the global shutdown.
Plenty of big money players circling like vultures.
I think most employers have always paid what they had to but a few came along and paid what they could but still were not running philanthropies for employees. They in turn forced the other employers to pay what they had to at a higher scale.
Money today is probably the same as it always was but the likes of Carnegie and Westinghouse made a really good showing of liquidating what they didn’t need unlike the virtue signaling vultures of today who just make token showing.
At some point it just becomes monopoly money. How much does one need? I see lots of things worth donating to that appear to struggle constantly. Employing outrageous fortune should not be that hard. What else is there to do with it after some certain point?
I hate those guys, especially Singer.
“Singer ... grew up in a Jewish family...
Republican or not, considering the current anti-Israel climate, Mr. Singer would do well to remember:
“First they came for the socialists ... “ (And, in the end, they came for Robespierre.)
Mitt Romney does the same thing as Singer.
Bookmark
There are some big farms in my neck of the woods that seem to be doing pretty well.
Huge dairy operations. Also a lot of acreage being turned over to hops.
Upstate NY.
l8r
Eddie Lampert pick up the Sears courtesy phone. If ever there was a guy who took a struggling company and internationally stripped it clean tand killed it for his own personal enrichment, it was Lampert. The guy was no different than Jesse James or any other train robber. He destroyed on a massive scale.
So in 1914 Henry Ford RAISED the wages to $5 for eight hours. Well, in 1954 I went to work at a supermarket for that same exact wage. We endured a war during that span of time. Forty years of no inflation. You could plan then because you knew what tomorrow was going to be like. Also, everything was MADE IN AMERICA except the crap labeled MADE IN OCCUPIED JAPAN.