Tucker Carlson to GOP Sen. Ben Sasse: Return Donations From Hedge Fund Manager Paul Singer | Video | RealClearPolitics

Tucker Carlson to GOP Sen. Ben Sasse: Return Donations From Hedge Fund Manager Paul Singer

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Tucker Carlson: "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? 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."

On the Tuesday broadcast of 'Tucker Carlson Tonight,' the host took aim at hedge fund manager Paul Singer for vulture capitalism.

Carlson's full commentary:

TUCKER CARLSON, FOX NEWS: Last night, we brought you the story of Sidney, Nebraska, a small town devastated by the predatory business practices of a hedge fund manager called Paul Singer. Singer, it happens, is also one of the most prolific donors to the Republican Party, and particularly to Republican senators in Washington. A fact we suggested last night that might account for the silence of Senator Ben Sasse on what happened to Sydney. Two thousand Nebraska jobs disappeared, and yet, Sasse, a Nebraska senator, never said a word about Paul Singer's involvement in it.

Well, today, Senator Sasse responded to our segment. We asked him for a statement, and he sent us this, quote, "Melissa and I know the families in Sydney and I've constantly told companies, including Cabella’s and Bass Pro Shops, that nobody out works 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 over-promising big government advocates on either the left or the right." End quote.

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. The question isn't whether we're getting big government too late. We already have it, in part thanks to you, Republican senators. 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. That could happen. We're closer to it than our leaders acknowledge.

Just eleven months from now. Our system could change forever and swiftly destroy everything we have spent two hundred- and forty-years building. That's not an overstatement. It's horrifyingly real, and it's being driven by deep economic dissatisfaction. Dissatisfaction with the professional conservatives here in Washington, who spend most of their time either ignoring or pretending it doesn't exist. These are supposed to be the guardians of capitalism. Somehow, they don't seem to notice it's in mortal peril.

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. Senator Sasse was the only one to respond to last night's segment. Paul Singer's hedge fund, Elliott Management, declined to give us a statement yesterday. But just minutes ago, they posted a response on the blogging platform medium. In a statement, Elliott Management denied responsibility for the Cabela's sale. The company was exploring a sale before Elliot bought a stake, they said. He also said Elliot did not exert, we're quoting now, "direct influence on the Capella's board to pressure them into that decision." But SEC findings contradict this 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. Otherwise, Elliot contests no essential parts of last night's reporting on this show. They did end the statement with a promise and we're quoting now, "to protect and grow their clients hard earned capital." We're certain they're being honest, at least on that point.



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