Saturday, December 7, 2019

After stonewalling Tucker Carlson, Sen. Sasse finally responded. Carlson mocked him some more.

Yesterday, Tucker Carlson briefly recapped his Tuesday Fox News show about how hedge fund (Elliott) manager (Paul Singer) wrecked Cabela's and its home, Sidney, NE with typically rapacious, predatory business practices, destroying 2,000 Cabela's jobs there.
     Carlson suggested that NE GOP Sen. Ben Sasse's stubborn silence on the Sydney economic apocalypse (1/3 of the town lost its jobs) might have something to do with the fact that Paul Singer gave him the maximum allowable contribution for his senate race.
     Though Sasse ignored Carlson's attempts to speak to him before the episode was shown, he released 77 words of pandering, evasive drivel a statement after the fact:
     Melissa and I know the families in Sydney and I've constantly told companies, including Cabella’s and Bass Pro Shops, that nobody outworks or outhustles Nebraskans. Sydney hasn't given up and neither have we. There's a real problem with American communities coming apart, and it's going to require creative policymaking. But this problem isn't going to be solved by the easy overpromising big government advocates on either the left or the right.
     Back to Carlson:
     Creative policymaking is what Senator Sasse says we need. And of course, we agree with him. Here are three creative policies the U.S. Senate ought to consider in response to what happened in Sydney and Nebraska. First, call it what it is. This wasn't creative destruction. Nothing was created. It was just destruction. Destruction for the enrichment of a tiny number of people at the expense of many others. You don't have to make this illegal to call it disgusting, because that's exactly what it is. So, our first creative policy ought to be to tell the truth.
     Second, return the money. We're not saying Ben Sasse, or any other senator is doing Singer's bidding purely for the cash, but why not remove all doubt about it? If one of your biggest donors turned out to be a pornographer or a mass distributor of OxyContin, you'd send back the donation. You wouldn't want to be associated with someone like that. You'd want to be clear about your own values. Senator Sasse should be clear about his.
     Third, and finally, Republican senators ought to resolve to speak to the rest of us like adults. No more baby talk. Stop with the bumper sticker phrases from 1986. It's a different country now... Wake up. We're almost out of time. If we don't rein in the excesses of our system, and soon, we could very easily lose it.
     Elliott Management, which refused to respond to Carlson, posted a response on Medium, denying responsibility for the Cabela's sale. The company was exploring a sale before Elliot bought a stake, Elliott said, adding that it did not exert "direct influence on the Cabella's board to pressure them into that decision."
     Carlson then noted that SEC findings contradict Elliott Management's claim:

     Capella's did consider selling itself before Paul Singer arrived, but in August 2015, they rejected that path. Suddenly, after Singer's purchase, they reversed course."

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