Problems facing america. We will revisit our more memorable commentaries in the past. One reason the country is a different is the economy is so different and the reason that is true is because of finance, hedge funds, equities, the role of investment banks. A conversation that got a lot of attention was something gop mega donor paul singer. The average republican has never heard of singer but every member of congress has. One reason the partys behavior seem so divorced from the interests and beliefs of republican voters. A lot of people you vote for keep doing things in washington you disagree with in some cases because they are paid to. On this show we recently profiled what singers actions meant for a small town in nebraska and we got a big response. If you spend any time driving around america and awful lot of the country has shriveled up and died. Take a trip on route 2 in maine, bordered up paper mills and abandoned houses reflect on route 23 in michigan, ohio, consider the empty factories rings with barbed wire. Outside coastal cities seems like this are everywhere. This is your counsel, defunct restaurants, across the street from methadone clinics. That is america. Community after community desiccated empty husks with nothing left, look like that now. One of the big factors in the slowmoving disaster is the transformation of the way our leaders think about the american economy. During the last gilded age americas ruling class may have been ostentatiously rich. It was a recognizably american class. Tycoon the cumulated fortunes but also felt some obligation to the country around them. Steel tycoon Andrew Carnegie build still libraries for the edification of people beneath him. John d rockefeller and others set aside huge portions of their wealth and cases property to make the country better. Maybe most significantly in january 1914 henry ford more than doubled the prevailing factory waste to remarkable 5 for an 8 hour day. He didnt have to do that but his company was succeeding and he thought he should. Some historians trace the creation of the american middle class to that decision. It is nearly impossible to imagine a big company doing anything like that today. Attitudes are too different. Private equity isnt built in a lot of Public Libraries these days. The model is ruthless economic efficiency. At sourced the jobs for the valuable assets by Viral Management and what the scope is cleared, the highest bidder is often asia. It happened around the country. A small number of people phenomenally rich. One is new yorkbased Hedge Fund Manager named paul singer who according to forbes has amassed a personal fortune of 1 million. How he made that money, made a lot of it by purchasing sovereign debt, at a massive discount. Want the countrys economy regains stability, lawsuits of a Massive PublicRelations Campaign originating in washington until he made his money back, and feeding off the carcass of a dying nation. And Elliott Management have done in this country and to this country. Over the past couple decades Elliott Management has large stakes in american companies, firing workers driving up shortterm share prices and in some cases taking government bailouts. Bloomberg news described singer is the worlds most feared investor, even pretending his tactics are good for anyone but singer and his fund. Consider the case of delphi, the Automotive Parts supply. During the last financial crisis, hedge funds including singer at Elliott Management purchase delphi. The company took billions of dollars in government bailouts, to extortion but they continued anyway. And either cut retiree pensions entirely or shifted the cost to taxpayers. With lighter financial commitments at home and cheap factories abroad delphis stock soared. The 29 delphi plans and operational hedge funds started buying delphi after that only four operating in the United States, tens of thousands of unionized whitecollar workers lost their jobs. Paul singers hedge fund cashed out for more than 1 billion. The United Kingdom has banned this kind of behavior. Now similar to the capitalist we were promised in school, it creates nothing, destroys entire cities, it couldnt be uglier or more destructive. Why is it so allowed in the United States . Because people like paul singer have from it is influence over the political process. Singer was the second largest donor in 2016, giving millions to a super pac that supports republican senators. You may never have heard of paul singer which tells you a lot in itself but in washington he is rockstar famous and that is why he is almost certainly the average fireman in case you wonder if the system is rigged. Tonight we went to tell you how paul singer does business. It begins in a small town called sydney, nebraska, population 6282. Sydney is the longtime home of a Sporting Goods retailer which sells fishing and hunting gear. In october 2015 singer at hedge fund disclose 11 stake instead of pushing the board to settle the company. Management apparently fearing a costly fight with singer announced it would look for a buyer. At the time,s was a relatively Healthy Company boasting 2 billion in gross profits while 4 billion in revenue, there didnt see to be an immediate need to sell but cabelas sold after being pushed. One year after singer entered the equation. The stock price surged. Within a week, paul finger cashed out. He bought the stock for 38 a share and sold it for 63 a share. In sidney, nebraska, a different story. The residents did not get rich, just the opposite, the community was devastated, destroyed. The town lost 2000 jobs. A heartbreakingly familiar cascade began, Property Values collapsed and people couldnt leave. They were trapped there. One of the last driving small towns in this country went under. We sent two produces to survey the wreckage and consider what happened. Producers talk to more than a dozen former cabelas employees. All most all of them refused to speak to us on camera fearful of legal retribution from the famously vicious paul singer but off camera they told us their story. Here it is. Sydney is a great place to be. Our model a small town. Elliott management corporation, a taken ownership stake in cabelas. That shakes things up. Cabelas was making more than 1 billion a year but it could make a quick buck. I couldnt help it. Losing her job. I thought it was my future. Looking at 2000 jobs gone. Sydney devastated. His Customer Base is collapsed. How many new homes have been built . In the city limits. Put cabelas and its site, sydney was experiencing a building boom. A new housing subdivision to meet housing needs. All the great things are happening and we are working our tails off to figure out a way to survive. Those who want to that. Those who want to stay, almost impossible to find a job. How long did it take to find a job . Month. Is it as good as your old job . Now. Wall street cashed in. Before the merger was complete, the fund made 100 million. I hope paul singer is proud of what he did. The money got to him. A pretty sick human being. Tucker as for doing that story, dont criticize paul finger, that is not a good idea. As the package played i got the following text from a person in washington. And ben sachs is a us senator in the state of nebraska. You might think the death of the town in his state would be of concern. And we can call fasts office to point to a time when he commented on destruction of sydney or supply a statement to us about what happened but been sass didnt respond to our producers. Here is one possible explanation for that. Been sass received the largest possible donation from paul singer. In recent years the left lost a fullblown attack on freedom of speech. We know where that is leading and we are there, attack on freedom of thought, freedom of conscience, what you are allowed to believe. San franciscos ever to abolish the word felon from the citys vocabulary and why they are trying to do that in our special continues next. Tucker control what people are allowed to say, and eventually you will control what people are allowed to say and you can control what they are allowed to think the modern left understand that principle as the soviets did, the main reason they are so hostile to the First Amendment and attempted and affected overturn it. Earlier this year we covered an example of this, the lefts attack includes the effort to abolish the word felon. Why are they doing that . Go, the city has also become threatening and dangerous, the property crime is the highest of any city in america. More than 5 dozen cars are smashed and robbed every day of the year but dont worry they have a plan to respond to this, it is not more cops or better enforcement of the law. That would be bigoted. The city has decided to ban words that suggest San Francisco has a crime problem. People are not allowed to talk about crime maybe they will not notice crime exists. The board of supervisors, there will be no more convicted felons in San Francisco. Excons are to be called, quote, justice involved individuals. There are other justice involved individuals. Victim and criminal are now morally indistinguishable. That is on purpose. This is woke e quality. There is a problem. Back in washington leaders of the Democratic Party apparently havent gotten the memo and some are using the term felon which is the real f words. You might want to send kids from the room as we play the following clip. We warn you it is ugly. Anyone trying to buy guns should have to prove they are not [or somebody legally i support for restoration of rights to vote. The policy [bleep] makes sense. Elliott men of color who got arrested and are now [bleep] selling weed on the corner. The citizen has a right to have a gun unless you are [bleep] enabled that young man to get a gun he was not entitled to. He was a [bleep]. He had a [bleep] conviction. Tucker back in San Francisco no longer any juvenile delinquent. The category has disappeared. Couples under 18 were referred to as young people impacted by the juvenile Justice System as if the system and not the kid committed the crime which is what the left believes. It is your fault, not theirs. Check your privilege, middle america. Drug addicts in San Francisco are called people with a history of substance abuse. They are the same with insulindependent diabetics. You cant call one better than the other. You can laugh this off, San Francisco, crazy things happen but language makes thought possible. When words disappear, the words represent when they prevent you saying the obvious, over time it becomes impossible to see the obvious and that is why they do it. Those who control your words control your mind. Liberal say they hate the president because he lives a lot. As usual that is the opposite of the truth. They dont mind when he exaggerates at least sometimes, it is when he tells the truth they go completely bonkers. Live from americas news headquarters marry christmas to you, firefighters and australia getting a muchneeded christmas cheer. A deadly brush fire is raging across parts of the country for several months, the flames have claimed the lives of nine people and destroyed 1000 homes. To show their appropriation local volunteers have a cookout for men and women fighting the flames. Firefighters have committed to working through the holidays. Operation Holiday Express is underway. Us misery personnel began sending stockings to the 5 bases in syria. As part of military efforts to bring a Little Christmas cheer to those serving overseas. The operation brought treats, homemade food and the bands to sing christmas carols. Tucker throughout the impeachment drama the president s enemies told you he was a liar. They said his lies are why he had to be impeached. That is not true. As we explain this fall on the show it is in the president s lies or exaggerations that enrage them. What drives them completely crazy are those moments when he tells the truth. Donald trump is a salesman, talker, boast or, booster, compulsive self promoter. At times he is a fullblown bs artist. Of trump had gotten rich and real estate he could have made a fortune selling cars. Most people know this. It is obvious, transparent, really. Is lying the reason the left despises donald trump . Or could the problem be as is so often the case the exact opposite of what they claim it is . Think back over the last four years was when have cnn anchors been the angriest . Was is when donald trump told some whopper or exaggerated his own accomplishments . Know. They are used to that kind of line. Anyone who spends time around politicians is used to it. Wouldnt. Washington is not when donald trump lies but when he tells the truth. Truth is the real threat to their power. There is an unspoken agreement among people in charge of the country not to talk about what has happened, they are personally implicated in its decline, they are profiting from it. The last thing they want is a National Conversation about what went wrong so they maintain a strict policy of mandatory reality avoidance. Everything is fine, they shout. Diversity is our strength, shut up or we will hurt you but trump wont shut up. He keeps talking. That is his crime. That is why they hate him. It started with his very first speech as a president ial candidate. When mexico sends its people, they are not sending you. They are sending people that have lots of problems and bringing those problems with us. They are bringing drugs, bringing crime, they are rapists and some i assume are good people. Trump didnt claim everyone coming over the southern borders are, but some are and that is true. Precisely because it is true you are absolutely under no circumstances allowed to say it acknowledging that not every illegal alien improves america raises an uncomfortable question. Of illegal immigration has a downside then why has washington allowed so much of it. If people in charge cared about us they would protect our borders but they dont care. They let millions and millions of foreigners stream in from abroad to use our services, lower our wages and in some cases commit crimes. That is all true which almost by definition made it unacceptable to say. The news anchors pretended by saying it trump was attacking defenseless mexicans but he was attacking them. The gatekeepers in national media, the people who should have been sounding the alarm but made common cause with the ruling class supposed to be covering and keeping honest. The system is rotten and corrupt and the news media are a major reason for why that is. That is what donald trump pointed out and not surprisingly they despised him doing it. Ask yourself what is a bigger scandal to your average journalist, the fact that homicidal ms 13 gang members of footage this country from Central America and now terrorize communities from los angeles to long island or the possibility that someone might complain about that . You dont need to guess the answer because last year donald trump dared to complain about ms 13. When the other gang members come into our country i refer to them as animals and guess what, i always will. The motto of ms 13 is kill, rape, control. You might not have known that since details of what ms 13 actually is and does have received far less Media Attention than Donald Trumps criticism of the gangs. Murdering people might be bad but in solving illegal alien murderers and the moral hierarchy of washington a far greater sin. A serious problem with the president , any group of people in the United States even if they are hardened criminals. The history of political leaders dehumanizing opponents, even criminals, using animal metaphors is a dangerous one. A very slippery slope when you start dehumanizing people. Is what the nazis did. When the president of the United States says about undocumented immigrants these arent people, these are animals. We have to wonder does he not believe in the spark of divinity. We are all gods children, spoken like someone whos own children whatever fate the consequences of the policies she supports. Lost in the haze with his moralizing was any discussion of those policies the cynic might say was by design, the whole point. It is a theme in washington. A similar passion unfolded when the president spoke about immigration. Why so many immigrants come to the us from impoverished countries. If immigration is supposed to make america better, he asked, shouldnt we drop people from the most advanced society . An obvious question. Cnn had to scream at you to make sure you would never ask that question. This is a deeply offensive language, why are we having all these people come here. Sparking discussed. Any country the president referred to the is predominantly caucasian. Not surprised and proud. Im a proud [blooge] we are not all created equal at least not if you were born in as the president put in a [bleep] country. The country was considered people like the president. Tucker is there a living person who disagrees with trumps assessment of haiti . Probably not. Asian immigrants agree with him, that is why they moved here. They are relocating to haiti anytime soon for the same reason. Oslo, helsinki, portauprince, no thanks. What do people actually think, ignore what they say on television, what do they do . No one believes haiti is in an appealing place. Criticizing any in public calls decades, it must be for britain. Lucero leaders be embarrassed. That is what it is about. Pick a topic. Last year after the killing of Jamal Khashoggi donald trump said while he disapproved of the murder saudi arabia remains an ally, the president said the 450 billion worth of saudi investments to buy more than 100 billion. If we broke our alliance with the saudis the us economy would suffer. Whatever you think of the saudis, most people find them revolting. What he said is literally true. This is the arrangement we have had for generations now. Everyone in washington knows that b