Good GOP Vs. Bad GOP—Rural States Should Be Wary

GOP US Senator Ben “Sasse should return donations from hedge fund manager Paul Singer,” says FoxNews reporter Tucker Carlson.  Why?  Because predatory vulture capitalist Singer is responsible for “The death of Sidney, Nebraska: How a hedge fund destroyed ‘a good American town.’”  In truth, this town of 6,500 in western Nebraska was devastated when 2,000 workers lost their jobs to slake the financial lust of distant New York City speculators who are nothing more than monetary sociopaths.

     Not to be confused with socially helpful venture capitalism, vulture capitalists devise schemes to avoid personal financial risk, making taxpayers and duped investors ultimately pay for everything.  It’s all about quick profits.  The practice has been banned in Britain, but is thriving in the US—and not just limited to towns with Cabela’s or Bass Pro Shops, like Sydney.

    It just so happens that billionaire Paul Singer deliberately shields himself by being a top donor to Establishment GOP and RINOs like Ben Sasse.  Tucker Carlson was surprised to find that Sasse had never come out publicly to protest that one of his own towns had all but been wiped off the map, socially speaking in terms of human lives, the people who had helped put him into office, thinking that the Republican brand wouldn’t betray them.

    This is not about Donald Trump and the rural American GOP that elected him president.   It’s about bad GOP who have pretty boy charms and who only talk mom and apple pie sentiments when in the public eye.  The bad incumbents look to bolstering their personal banks accounts—that is, “for my wife and kids.”   They equally want to stuff their re-election war chests as full as possible by siding with like-minded GOP and Democrats in Congress.

      “The question is whether we’ll become a socialist country run by a terrifying alliance of authoritarian big tech moguls and wild-eyed identity politics cult members,” Carlson cautions. “That could happen. We’re closer to it than Republicans in Washington acknowledge…These are supposed to be the guardians of capitalism. Somehow they don’t seem to notice it’s in mortal peril.”

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1 comment for “Good GOP Vs. Bad GOP—Rural States Should Be Wary

  1. Brad Ford
    December 9, 2019 at 2:44 pm

    Robert B. Reich’s short YouTube explanation of how this form of private equity works can be watched at How Did Mitt Romney Get So Obscenely Rich?

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