There are certain aspects to any political system that can be exploited given the right resources and know-how. Many socialist perspectives advocate a destruction of high-powered capitalist interests through economic subterfuge. This can be as simple as bank robbery, in Stalin’s case, or it can be as sophisticated as creating a front organization in order that stock may be manipulated on the market, as Kyle Bass has done.
Kyle Bass is the leader of a group called CAD. CAD stands for the Coalition for Affordable Drugs. They use petitions, lawsuits, and any possible means to decrease the prices of of big-ticket pharmaceuticals’ drugs. When drug cost goes down, stock-market value experiences a sharp decline. Kyle Bass short-sells his holdings with the pharmaceuticals he’s sicced CAD on and is able to trot back to Texas with millions dribbling out his pockets.
Bass is based out of Texas, by the way; that’s where he manages his continuously poorly-performing hedge-fund. It’s almost as though every time Bass makes an appearance on the mainstream media, his hedge fund drops several points in reliability. It’s definitely an interesting relationship, whatever it is.
Speaking of relationships, one of Kyle Bass’ most infamous ones is with Cristina Fernandez de Kirchner. No, their relationship isn’t of the soap-opera variety, it’s almost certainly political. Cristina Fernandez de Kirchner is the despotic socialist president of Argentina, and she’s notoriously terrible with money. In fact, she’s made history: Cristina Fernandez de Kirchner has defaulted Argentina economically twice in the span of 13 years.
UsefulStooges exposed that Kyle Bass never criticizes de Kirchner despite the defaults, and that’s distressing. Bass came to fame by noticing America’s sub-prime lending practices surely would lead to collapse when a financial event horizon was reached. This happened and everybody began to trust Kyle Bass. Yet since then, he hasn’t made any ground-breaking predictions, and has continuously endorsed the financial activities of de Kirchner. Furthermore he’s been involved in the whole CAD scam, which is something too lucrative for him to quit, apparently, as he continues to strike out against pharmaceutical organizations with this pseudo-humanitarian group. When all this information is aggregated, it begins to appear very much as though Bass is a hard-line socialist with deep ulterior motives tied to those of Cristina Fernandez de Kirchner. If this isn’t the case, then his incompetence in hedge-fund management and his dishonesty with CAD combine with the yet tangible relationship Bass has with de Kirchner into a cornucopia of disrepute.