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merrily

(45,251 posts)
217. So is your contempt for the intelligence of other DUers.
Sat Aug 2, 2014, 09:45 AM
Aug 2014
You do understand that, in any given lawsuit there are TWO parties, both of whom are represented by lawyers. Since only one can win, that would seem to explain your breathtaking observation that "some clients of some lawyers would lose lawsuits, after spending years and millions in legal fees."


Yes, I do understand all that, Condescension, Esq.. I also understand that that not every case breaks new legal ground. In at least some of litigation, at least one client should probably have been advised that litigation was probably not a good idea for that client.

The point was, though lawyers seem to place a very high value on simply having degree, the degree does not endow them with infallibility. And not everyone who has a degree is a good lawyer.


The law is intended to provide (at least to the degree humanly possible) clarity, objectivity and predictability to disputes.



Yes, so. The law is intended to do a lot of things. The law also changes from time to time, whereupon the new law also supposedly provides predictablity. What's your point as to Singer?
excellent article, marmar, thanks for posting. nt navarth Jul 2014 #1
Debt peonage rules. Octafish Jul 2014 #2
Let me see if I've got this right - COLGATE4 Jul 2014 #3
They are being called vultures because they ARE vultures. Try reading a little about sabrina 1 Jul 2014 #5
Singer was Center Stage in Palast's "Vultures Picnic". Fuddnik Jul 2014 #6
Yes...it's a good read. Downloadable at the usual sites.... KoKo Jul 2014 #149
There are no 'conclusions to jump to', aside COLGATE4 Jul 2014 #7
So that kind of blows the theory of risk all to hell. zeemike Jul 2014 #9
No, it doesn't. There is always risk - but in this case COLGATE4 Jul 2014 #22
So only risks that are envisioned count then. zeemike Jul 2014 #32
If buying a country's International bonds were a gamble, COLGATE4 Aug 2014 #227
You mean like credit default swaps? zeemike Aug 2014 #230
That poster made a good point though treestar Aug 2014 #220
Clearly you know nothing about what happened in Argentina, which I suspected from your comments. sabrina 1 Jul 2014 #14
I support the law and legal institutions. If the 'corrupt Argentine COLGATE4 Jul 2014 #18
What law? Blind support for bad law would mean we here in the US would still sabrina 1 Jul 2014 #24
Oh, I don't know - maybe existing laws on International COLGATE4 Jul 2014 #27
Corruption is a crime under the law also. But if you want to pick and choose your laws in favor sabrina 1 Jul 2014 #33
Sounds wonderful but it wonderfully COLGATE4 Jul 2014 #38
See our bailouts for the corrupt banks, watch 'The Men Who Collapsed the World' among other sabrina 1 Jul 2014 #43
You keep repeating this as if it made any difference. COLGATE4 Jul 2014 #57
Whoops http://www.lusakatimes.com/2010/04/09/britian-deals-legal-blow-vulture-funds/ nt griloco Jul 2014 #145
Whoops http://www.jubileeaustralia.org/page/work/stop-debt-vultures nt griloco Jul 2014 #147
Whoops http://www.funds-europe.com/news/11474-isle-of-man-outlaws-vulture-funds nt griloco Jul 2014 #148
Whoops Jersey, too? griloco Jul 2014 #150
Whoops more? griloco Jul 2014 #151
Whoops Brazil, too? griloco Jul 2014 #154
And your point is? COLGATE4 Jul 2014 #156
i dunno, somebody once posted that nobody cared. griloco Jul 2014 #157
Not following you... COLGATE4 Jul 2014 #159
I'm surprised. I thought ve both vept for vultures. maybe if u sleep on it & come back fresh anon nt griloco Jul 2014 #160
No. I fully support Singer. No need to COLGATE4 Jul 2014 #161
who doesnt? except griloco Aug 2014 #166
I think your Lithium is wearing off. nt COLGATE4 Aug 2014 #172
Not according to Reply #109 griloco Aug 2014 #173
in case you mist it http://www.lusakatimes.com/2010/04/09/britian-deals-legal-blow-vulture-funds/ griloco Jul 2014 #146
So I am betting you admire Mittens the Romney. He robs, rapes and pillages, and it's all rhett o rick Jul 2014 #111
You lose. COLGATE4 Jul 2014 #117
I think the general tenor of comments about your POV dixiegrrrrl Aug 2014 #240
Singer and his vulture partners merely purchased Argentina's existing debt brentspeak Jul 2014 #48
Irrelevant. nt COLGATE4 Jul 2014 #51
Perfectly relevant, since you dishonestly brentspeak Jul 2014 #55
I never implied such a thing. They hold the bonds now - it's COLGATE4 Jul 2014 #58
"I never implied such a thing" brentspeak Jul 2014 #62
The rights of the original bondholders pass to the newer COLGATE4 Jul 2014 #64
The only argument I have made brentspeak Jul 2014 #67
Since he holds the right to receive payments Dreamer Tatum Jul 2014 #71
No, he is the creditor brentspeak Jul 2014 #75
What difference does it make except to you? Dreamer Tatum Jul 2014 #77
You're the genius who claims I didn't understand the bond market brentspeak Jul 2014 #79
THAT'S your favorite post of mine? REALLY? Dreamer Tatum Jul 2014 #81
You're thinking is vulture like. GeorgeGist Jul 2014 #114
What I have stated here COLGATE4 Jul 2014 #119
So what? Why should we care that you would advise a client who pays merrily Aug 2014 #187
Lawyers have a saying: COLGATE4 Aug 2014 #216
I am familiar with that saying. (Big deal.) This is a message board, not a court, though. merrily Aug 2014 #219
Not a big distinction really treestar Aug 2014 #221
You more than implied it. You posted that the people who lent the money were asking for it merrily Aug 2014 #180
Nope. Not irrelevant at all. They knew the risk and priced their purchase accordingly. merrily Aug 2014 #179
Part of the nature of loans and borrowing is also that if you don't pay back the money you borrow, Common Sense Party Aug 2014 #188
But, that has not been a prominent issue in the debate on this thread so far. Whether fairness and merrily Aug 2014 #190
Wow. Thanks for the condescending dismissal of my point. Common Sense Party Aug 2014 #191
I tend to assume that a reply to a post of mine has something to do with my post. merrily Aug 2014 #192
so much for the lista griloco Aug 2014 #241
By your own cleaar description, the people who loaned Argentina money are no longer merrily Aug 2014 #178
Read Naomi Klein's "The Shock Doctrine" which is a lesson in disaster capital and tells you exactly jwirr Jul 2014 #26
Yes, that should be required reading for anyone who cares about the current system of predatory sabrina 1 Jul 2014 #34
Where were you when Argentina took on the debt in the first place? Dreamer Tatum Jul 2014 #72
Where were you when Wall St. banks were asking for taxpayer bailouts? brentspeak Jul 2014 #84
I stand by both of those. Dreamer Tatum Jul 2014 #86
You do? This actual economist doesn't: brentspeak Jul 2014 #89
Do you have an actual point that is germaine to this thread? Dreamer Tatum Jul 2014 #90
Yes, the point is that you're defending soaking Argentina brentspeak Jul 2014 #91
Yeah, Argentina should tell the bondholders to pound sand. Louisiana1976 Jul 2014 #94
Why, exactly? Dreamer Tatum Jul 2014 #105
It doesn't matter who loaned the money, for the love of fucking Pete. Dreamer Tatum Jul 2014 #106
"Let Argentina refinance the debt they owe. Is that so hard?" brentspeak Jul 2014 #116
If it doesn't matter, why has every poster siding with Singer posted that the merrily Aug 2014 #185
Argentina did not 'take on debt' in the first place. Their corrupt Government did that. sabrina 1 Jul 2014 #163
Please see posts 178 and 179. merrily Aug 2014 #181
Most of the predatory capitalism is, unfortunately, legal. dixiegrrrrl Aug 2014 #239
Sabrina 1, I cannot recall reading a post of yours that was not on the money, IMO. merrily Aug 2014 #177
I can say the same thing about you Merrily sabrina 1 Aug 2014 #228
Thank you. merrily Aug 2014 #235
It cannot be said enough madokie Aug 2014 #213
Exactly, and the proof is in the results, the EU 'austerity' nations are a total sabrina 1 Aug 2014 #232
Without a doubt madokie Aug 2014 #233
Hmm, Carolina Jul 2014 #11
It would destroy their biggest market and their economy hack89 Jul 2014 #23
Apples and Oranges. We are making our payments. That's like comparing... stevenleser Jul 2014 #41
And oddly enough, people seem to think that China has the right to "call debt" Dreamer Tatum Jul 2014 #87
well put. Mind boggling. nt stevenleser Jul 2014 #98
I really, seriously don't get why people think every country on earth is entitled to free money Dreamer Tatum Jul 2014 #107
What about the bonds they hold implies that they can "call debt?" Dreamer Tatum Jul 2014 #85
US treasuries are not generally callable. amandabeech Aug 2014 #175
I take your point, but China and Singer are not comparable. merrily Aug 2014 #186
You have it exactly right. Certain countries, aided by certain ignorant people, Dreamer Tatum Jul 2014 #70
You said it much better than I have. Thanks. nt COLGATE4 Jul 2014 #120
Singer is a vulture and part of the money he gets helps fund Republicans suffragette Jul 2014 #101
OK. So? COLGATE4 Jul 2014 #118
Corruption...at the highest level...Politicians...and who they work for. KoKo Jul 2014 #153
That's all very interesting, but what, pray tell COLGATE4 Jul 2014 #162
But a person's character does not affect the value of bonds he holds treestar Aug 2014 #223
This message was self-deleted by its author MFrohike Aug 2014 #165
Yeah. People who buy bonds for nothing AFTER default always have the merrily Aug 2014 #176
Singer is a collection agency working on a mammoth scale. Fuddnik Jul 2014 #4
As is his right. Why shouldn't he get payment? COLGATE4 Jul 2014 #8
i cry for billionaires, too. nt griloco Jul 2014 #10
Cry for anyone who lends money expecting it COLGATE4 Jul 2014 #21
I have some names to give him, the actual culprits he 'trusted' to lend money to. It certainly sabrina 1 Jul 2014 #25
I think you're responding to some other poster? COLGATE4 Jul 2014 #30
No I was responding to your 'he has a right' comment. sabrina 1 Jul 2014 #35
Then I have to admit you've left me completely COLGATE4 Jul 2014 #37
my bad. i didnt realize u just wanted them to get their pennies back nt griloco Jul 2014 #47
Well, if it's so minor, why are people bitching COLGATE4 Jul 2014 #52
i know, right, you'd think Argentina was bitching about 15 billion griloco Jul 2014 #59
I don't know where you come up with the concept that COLGATE4 Jul 2014 #61
my bad again! didnt realize u had dismist poor mr singer & griloco Jul 2014 #73
I think you need a dictionary and a course in logic, for openers. nt Dreamer Tatum Jul 2014 #74
Ha ha ha, dictionary!!! That is soooo 2nd millenium. but teach me logic griloco Jul 2014 #99
Maybe the same place you get the concept that justice reguires Singer to win big on a risky merrily Aug 2014 #183
btw, u got a suggestiion for best port of entry for Argentinian waifs? nt griloco Jul 2014 #60
How much money did Singer loan the nation of Argentina? brentspeak Jul 2014 #49
How does that invalidate the debt? Answer: it doesn't. COLGATE4 Jul 2014 #50
Perhaps you should quit disingenously brentspeak Jul 2014 #56
Totally ficticious argument. WHO the bondholder COLGATE4 Jul 2014 #63
The only "fictitious argument" here brentspeak Jul 2014 #66
I have now told you three times in as plain language COLGATE4 Jul 2014 #68
Can you explain to all of us here brentspeak Jul 2014 #69
Breathtaking. You are an amusing person. nt Dreamer Tatum Jul 2014 #88
I bought a house. ABC Mortgage Lender loaned me the money. Two months later, they sold my Common Sense Party Aug 2014 #189
No, but you might want to enroll in some basic brentspeak Aug 2014 #237
I repeat Carolina Jul 2014 #12
What do you suppose would happen? COLGATE4 Jul 2014 #20
See post #23. It already answered your question. COLGATE4 Jul 2014 #29
I won't bother responding to you. Carolina Jul 2014 #46
Best non-response of the day. COLGATE4 Jul 2014 #53
Props to you for an injection of reality. Best of luck. nt msanthrope Jul 2014 #76
Every so often I am (painfully) reminded of COLGATE4 Jul 2014 #122
I get reminded that every day here. I get accused of not being a lawyer msanthrope Jul 2014 #123
I hear you. I had one poster refuse to believe I actually COLGATE4 Jul 2014 #125
Steve Leser had me on his show election night....I had the Black Panther msanthrope Jul 2014 #126
Yep. Jberryhill handles it extremely well. I COLGATE4 Jul 2014 #127
He is an expert on the legal aspects of birtherism...He turned me on to The Fogbow. msanthrope Jul 2014 #133
What are you talking about Sgent Aug 2014 #206
Lol, poor, poor vultures, they are people too. Sorry, you won't see many people crying for that sabrina 1 Jul 2014 #15
Call it anything you like but it's the law, as recognized COLGATE4 Jul 2014 #19
I think that the Argentina government was installed by the lenders not the people - or at least jwirr Jul 2014 #39
OK. So, your 'theory' is COLGATE4 Jul 2014 #42
If you want to put it that way but you are on the side of the crooks. Read the book I suggested jwirr Jul 2014 #45
Your lack of understanding of how laws work COLGATE4 Jul 2014 #54
Some history for perspective perhaps?: think Jul 2014 #82
Why, oh why, does Henry Kissinger merit such respect when not only did he support the Louisiana1976 Jul 2014 #95
I fail to see what this has to do with the question COLGATE4 Jul 2014 #124
Kissinger's involvement in installing a ruthless dictator has no bearing? think Jul 2014 #128
Nope. No bearing at all. The Argentine government COLGATE4 Jul 2014 #129
Set up a puppet govt and anything your puppet does is legit. got it..... think Jul 2014 #130
If you have facts that the Argentine government COLGATE4 Jul 2014 #131
I gave you the information. Ignore or refute as you like.... /nt think Jul 2014 #132
So the answer is "none". Got it. COLGATE4 Jul 2014 #134
Nice try. Who gave the dictator military aid after the coup? China? Seriously..... think Jul 2014 #135
Making a political decision to support a given government COLGATE4 Jul 2014 #136
You're doing a great job on this and I agree with everything you've posted. badtoworse Jul 2014 #137
So if China supported a military coup against America think Jul 2014 #139
The coup was in 1976. Argentina elected Alfonsin in 1983. badtoworse Jul 2014 #140
Thanks. You are absolutely correct. COLGATE4 Jul 2014 #141
Nothing like thinking you're making a point by pretending you know how people you've never met merrily Aug 2014 #182
Some things on DU are predictable. Blaming the banks for everything is one of them badtoworse Aug 2014 #212
Funny, I never saw DUers blaming the banks for everything. merrily Aug 2014 #215
OK, maybe I exaggerate sometimes. badtoworse Aug 2014 #218
Respect. Not many people make admissions like that on a message board. merrily Aug 2014 #222
Thanks! badtoworse Aug 2014 #225
COLGATE4, if you have at any point in time graced the DU community ms.smiler Aug 2014 #234
Why shouldn't he? Because you say so? COLGATE4 Jul 2014 #28
... Faux pas Jul 2014 #13
funny I read the entire, whole, complete article dsc Jul 2014 #16
from the article questionseverything Jul 2014 #36
please point out where they are suing or helping people sue dsc Jul 2014 #40
It's an extreme reach to the point of being dishonest. A desperate try to attack the Clintons stevenleser Jul 2014 #44
http://www.democraticunderground.com/10025304049 wyldwolf Jul 2014 #80
+ infinity nt stevenleser Jul 2014 #97
du rec. xchrom Jul 2014 #17
It is no surprise that the Clintons are about The Vultures - just look at Hillary's actions truedelphi Jul 2014 #31
Hillary was behind the coup in Honduras in 2009 that overthrew Manuel Zelaya and caused Louisiana1976 Jul 2014 #96
Yep, you' re saying what I am saying. And yet we call this truedelphi Jul 2014 #138
k&r for exposure. n/t Laelth Jul 2014 #65
SPINdig... wyldwolf Jul 2014 #78
Here is the attitude of many posters, brought down to a level anyone can understand. Dreamer Tatum Jul 2014 #83
That's the kind of logic I'm talkin' about! (you just left off the part threatening his kids) griloco Jul 2014 #100
What do his taxes have to do with anything? Dreamer Tatum Jul 2014 #102
Exactly what I said!!! WTF griloco Jul 2014 #103
This matter is about a million times simpler than you demand it should be Dreamer Tatum Jul 2014 #104
Gosh, when you put it that way. You should call Argentina* and tell them. Simply griloco Jul 2014 #108
Glad the lithium is working for you. nt Dreamer Tatum Jul 2014 #109
Thank you for your concern. But lemme see if I got your Brilliant Logic... griloco Jul 2014 #112
BTW, how did President Dr. Cristina Fernandez respond to your Logic? nt griloco Jul 2014 #113
Months pass. Borrower, who has defaulted on debt in the past, defaults on this debt, too. merrily Aug 2014 #194
They're called "vultures" for a reason. If Argentina can't afford to pay them off she Louisiana1976 Jul 2014 #92
I hope you handle your mortgage in a different COLGATE4 Jul 2014 #143
I don't have a mortgage--I pay rent. And I pay it first thing every month. But with Louisiana1976 Jul 2014 #155
And when you don't pay your rent, do you believe you should COLGATE4 Jul 2014 #158
Um, theres a reason Singer was able to buy the debt so cheap tularetom Jul 2014 #93
"It doesn't matter what some judge says" COLGATE4 Jul 2014 #144
Clearly, "It doesn't matter what some judge says" was never intended to state a legal theory. merrily Aug 2014 #195
Your astute reasoning is amazing. COLGATE4 Aug 2014 #214
So is your contempt for the intelligence of other DUers. merrily Aug 2014 #217
I think you're giving lawyers way too much credit. COLGATE4 Aug 2014 #224
Inasmuch as I haven't given them any credit at all, it's hard to see how I am giving them too much. merrily Aug 2014 #226
OK. Let's see: COLGATE4 Aug 2014 #231
Confessions of an Economic Hit Man: nationalize the fed Jul 2014 #110
^^^This.^^^ Ilsa Aug 2014 #174
kick for greater exposure. NuttyFluffers Jul 2014 #115
If you are going to borrow money. NCTraveler Jul 2014 #121
This is apparently a very difficult concept COLGATE4 Jul 2014 #142
Exactly ClarkeVII Jul 2014 #152
If you are going to buy junk bonds for peanuts after a borrower defauts, merrily Aug 2014 #184
never did understand the pedestal dems place the clintons on dembotoz Jul 2014 #164
Hmmmmmmmmmm marions ghost Aug 2014 #167
I think the two types of thinking better illustrated on this thread are... wyldwolf Aug 2014 #168
Oh come on marions ghost Aug 2014 #169
Look how the OP was framed wyldwolf Aug 2014 #170
Sorry, nope marions ghost Aug 2014 #171
And despite the headline of the thread, all the posts on the thread were about Singer, not merrily Aug 2014 #196
except they weren't wyldwolf Aug 2014 #198
200 posts on this thread, some of them long, and you claim 4 sentences make the thread only about merrily Aug 2014 #201
because someone dared to get the 'progressives' off their game by arguing against the real point... wyldwolf Aug 2014 #202
I had the mixed blessing of coming to this thread late and reading from start to finish. merrily Aug 2014 #203
So did I wyldwolf Aug 2014 #204
We seem to be going in circles. You've made that same point several times merrily Aug 2014 #205
As have you wyldwolf Aug 2014 #207
Um, I said "we." merrily Aug 2014 #208
That's right you did wyldwolf Aug 2014 #209
At least we managed to agree on something! merrily Aug 2014 #210
LOL. merrily Aug 2014 #193
LOL wyldwolf Aug 2014 #197
Your post was such an "accurate" description of the posts on this thread that it demanded an LOL. merrily Aug 2014 #199
your post was such a perfect example of strawman reasoning, it deserved a LOL wyldwolf Aug 2014 #200
Nope And even if the part you quoted fit that description, which it didn't, merrily Aug 2014 #211
Yep, a perfect strawman wyldwolf Aug 2014 #229
Uh Oh. LWolf Aug 2014 #236
K&R woo me with science Aug 2014 #238
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