Kyle Bass: Financial Brigand

The term “brigand” refers to someone who is part of a gang that ambushes people to steal their goods. Kyle Bass fits this definition when he is closely examined. Though he is touted as a brilliant financier in many circles, he is affiliated with a “gang” of socialist sympathizers who “ambush” big-ticket economic forces in order to decimate their capital and make money as a result.

Bass started CAD, the Coalition for Affordable Drugs, whose ostensible purpose is to help the infirm by decreasing the cost of pharmaceutical medicines. In reality, when CAD successfully drops the price on a certain drug, it also drops the profit that drug’s manufacturer would reap, which curtails the profit said drug’s developer sees. In the end, the pharmaceutical agency at the top must cut funds to departments like R&D. Without research and development, new solutions do not come. So in the end, the sick have been exploited and their condition extended.

But Bass’ brigand ways don’t limit themselves to exploiting the sick. He also exploits Wall Street in similar fashion. When his employment with Bear-Stearns ceased, he very quickly gave inside information to a journalist, and by the end of the week Bear-Stearns had been absorbed by J.P. Morgan-Chase for a fraction of their value, and by the end of the year all five of the major investment banks in New York had collapsed. The recession had begun, and Bass pushed over an initiating domino.

It makes sense that Bass’ aim would be recession and economic implosion, though, because he works hand-in-glove with socialist despot Cristina Fernandez de Kirchner. De Kirchner is president of Argentina, and though Bass is from that country and an economist, he praises de Kirchner’s leadership economically despite her double-default of the country in only 13 years. De Kirchner is socialist, and Bass constantly praises her actions–does this mean the gang which solidifies his fit into the definition “brigand” is of the socialist variety? Is Bass really a socialist economic assassin masquerading as an investment professional? The evidence definitely points that direction, and makes defining the man as “brigand” a realistic classification.

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