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FOXNEWS Tucker Carlson Tonight December 25, 2019 05:07:00

Paying a lower tax rate than your average fireman. just in case you are still wondering if our system is rigged, oh, yeah, it is. tonight we want to tell you more about how paul singer does business, the story begins in a small town called sydney nebraska. two hours outside denver, sydney is the longtime home of a sporting goods retailer cabelas which sells fishing and hunting gear. in october 2015, singer s hedge fund took an 11% stake in cabela s and pushed her sold the company. cabela s management announced he wouldn t look for a buyer. at the time, cabela s was a relatively healthy company. it was posting nearly $2 billion a year in gross profits, off $4 billion in revenue. there didn t seem to be any immediate need to sell. but cabello sold anyway, after being pushed. so one year after singer entered the equation, bass pro shops ....

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FOXNEWS Tucker Carlson Tonight December 25, 2019 01:12:00

the u.s. senator in nebraska. you might think the death of a town in his state would be of concern to him, but so far doesn t seem like he s actually commented on what has happened to sidney. we looked hard, then we called his office to see if they could point to a time where he commented on the destruction of sidney or simply supply a statement about what happened there. his office didn t even respond to our producers. that s odd. but then here s one possible explanation for that, during his senate run, he received the largest possible donation from paul singer. in recent years, the left has launched a full blown attack on freedom of speech. we know where that s leading, and in fact, we are there. an attack on freedom of thought, freedom of conscience. what you are allowed to believe. we visit san francisco s effort to abolish the word felon from the city s vocabulary and tell ....

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FOXNEWS Tucker Carlson Tonight December 25, 2019 01:04:00

Private equity isn t building a lot of public libraries these days. instead, by a distressed company, outsource jobs, liquidate the assets to hire middle-management, and then goes to the highest bidder often in asia. it has happened around the country, it has made a small number of people phenomenally rich. one of them is a new york-based hedge fund manager named paul singer. he has amassed a personal fortune of more than $3 billion. how he is he made that money? he made a lot of it by purchasing sovereign debt by financially distressed countries, usually at a massive discount. once a country s economy regains sustainability, he would bombard them with lawsuits. until he made his money back with interest. the practice is called vulture capitalism, feeding off the carcass of a dying nation. in some ways it s not so different from what singer and his firm have done in this country and to this country. ....

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FOXNEWS Tucker Carlson Tonight December 25, 2019 01:07:00

Famous, that may be my he is paying a lower tax rate than your average fireman. just in case you are still wondering if our system is rigged, oh, yeah, it is. tonight we want to tell you more about how paul singer does business, the story begins in a small town called sydney nebraska. two hours outside denver, sydney is the longtime home of a sporting goods retailer cabelas which sells fishing and hunting gear. in october 2015, singer s hedge fund took an 11% stake in cabela s and pushed her sold the company. cabela s management announced he wouldn t look for a buyer. at the time, cabela s was a relatively healthy company. it was posting nearly $2 billion a year in gross profits, off $4 billion in revenue. there didn t seem to be any immediate need to sell. but cabello sold anyway, after being pushed. so one year after singer entered ....

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FOXNEWS Tucker Carlson Tonight December 25, 2019 05:10:00

Cabela s employee reacted to the news that she was losing her job. i lost my future, i don t know what my future is. we lost 2,000 jobs, 2,000 jobs gone. sidney was devastated. he ruined it, a good american town. just destroyed it. before the merger, it was great. we were buried with business. now has a customer base has collapsed. how many new homes have been built since cabela s merged? in the city limits, one. one house. paul singer s hedge fund put cabela s and its site, sidney was experiencing a building boom. they would build a new housing subdivision. all of these great things are happening, and instead, we are working our tails off to try and figure out a way to survive. but the people of sidney it has been a disaster. ....

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