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The scapegoat. The only one who ripped off the rich instead of the poor. I would like to see people like Paul Singer die in prison, who made the lives of millio
by dep_b 6y ago
The scapegoat. The only one who ripped off the rich instead of the poor. I would like to see people like Paul Singer die in prison, who made the lives of millions of people miserable, but I guess it's all legal what he did...
- phpsuks 6y agoScamming rich people is not exclusive of scamming poor people unfortunately. Poor always, always pay the bill.
- data_acquired 6y agoTo quote another Bernie, there's a fair bit of socialism for the rich in the US through bailouts when big corporations lose too much money/are too big to fail.
- colineartheta 6y agoI'm not sure why you're being downvoted, as that's as true of a statement as almost anything. This weird, hypermasculine obsession with capitalism amongst this forum (and tech community at large) just perpetuates injustices.
- mhh__ 6y agoWell I don't know about you, but I am merely a temporarily embarrassed founder
- data_acquired 6y agoHaha :) I've been on HN for 12+ years, and yes, statements on capitalism don't always go over very well (unsurprising given links to YCombinator). Although I will say that HN has a wider diversity of opinion on quite a range of topics than other tech forums.
- bidirectional 6y agoMadoff had no problem defrauding charities and pension funds. Hardly Robin Hood.
- dangerbird2 6y agoTo be fair, most robinhood-esque folk heroes had no qualms about robbing the poor along with the rich, e.g. depression-era bank robbers.
- capableweb 6y agoI'm sorry, but how are "depression-era bank robbers" in any "robinhood-esque"? They all did their actions for personal gain.
- sokoloff 6y agoIf you're talking about this guy: https://en.wikipedia.org/wiki/Paul_Singer_(businessman) https://en.wikipedia.org/wiki/Paul_Singer_(businessman) I don't get any clear understanding of why someone would wish to see him die in prison.
- pjc50 6y agoI think this is about the "pari passu" saga. It's one thing to hound individuals for their debts, quite another to hound an entire country - and in some cases there had already been a creditor resolution which he overturned. Still I feel that asking him to die in jail for doing legal if nasty things is going a bit far.
- deleted 6y ago[deleted]
- dep_b 6y agoArgentina was paying off debts when he pushed them into default to force a full payout on a debt he only paid a fraction for. The IMF puppet president that got installed after that and that paid him off in full doubled the Argentinian foreign debt, resetting the economic situation to 2001. An entire generation will know nothing but a broken country and regression without hope for future. People were dying of hunger in 2001 and people are dying of hunger now. But Paul Singer got his 500% ROI. And read up about what he did in Detroit if you think he only does it to some 3rd world countries.