Tuesday, August 5, 2014

What Paul Singer Does Not Understand

Mr. Paul Singer apparently does not understand why people are so "obsessed" with his little Argentina investment:


Let me spell it out for you: "Value added" should never occur at the expense of someone else's suffering.

Yes, people should pay for their mistakes, but were these the mistakes of the Argentinian people?

And what about when it's our turn? Is the catastrophe of the US economy due to the mistakes of We The People? Should we be held accountable to the "value added" by the vulture funds when they feast on the carcass of what used to be the mighty USA?

Someone can always make money by taking advantage of the foolish, the weak, and the betrayed. Don't expect the rest of us to cheer when it happens.

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