https://consumerist.com/2016/06/06/john-oliver-buys-15m-in-medical-debt-then-forgives-it/
Do we still hate him?
>>76288508
HE CAN CHOKE ON 2016 INDIVIDUAL FUCK YOU STICKS
>>76288560
>STICKS
?
>>76288508
that's actually pretty cool of him.
>>76288508
If he can spare 15M just to be even more of a smug piece of shit yes I still hate him.
He made damn sure everybody knew what he did. It's only charity if it's anonymous.
i hate him even more
>>76288508
Literally virtue signalling
>>76288865
thats true I didnt realize it was a fucking TV show at first.
>>76288508
LOOK AT ME I'M TOTALLY NOT DOING THIS FOR PUBLICITY.
(even when [rich] liberals are less likely to give money for good causes, than republicans)
aside from that a pretty nice move
>>76288508
why dont we start something like this, call the poeple up and ask them about thier political orientation.
if it is conservative you win and lose the debt.
if it is liberal you need to pay bitch
Thanks for proving the free market works, Mr. Oliver :D
>>76288508
A good deed is made somewhat obsolete, when you find it necessary to broadcast it to the world.
>>76288898
Saying "I'm offended by all this medical debt" is virtue signalling. Paying off medical debt is literally the opposite of virtue signalling.
You sound like a cynical, memeing cunt.
>>76288508
Spends $60k to buy $15m of medical debt.
Remember it's on tv and not in private.
Rich Current year tv man virtue signals
Still needs to be replaced.
He didn't do anything; his show paid $60k to be advertised on clickbait articles.
>>76288508
That's cool and all, but he's still a piece of shit. If doing a good deed every couple of months erased your past, we'd all be glorifying Hitler.
He paid 60k for it, not 15 million.
>>76288508
Yes, he's a fucking faggot.
>>76288865
I disagree with the idea that its only charity if its anonymous, but I think people are missing the larger point. Youre absolutely right that he just wanted people to see him do it because he is a smug piece of shit. Considering they bought the debt for .004$ per dollar od debt its reasonable to assume that this debt was never actually going to be collected. They only spent 60K and present it like they donated 15 million. Kind of slimy if you ask me.
1. he's not personally responsible for this
2. his "firm" who did this can write it off
3. he's attempting to get his braindead audience to petition the government to gain more power to "fix" a problem that they most likely caused
>>76289058
>Trump raises 5.6b with minimal required attention
>RACIST SHITLORD THIEF OMF
>this faggot throws money at an image problem in the most public way possible
>HEY GUYZ LOVE ME NOW?
No.
>>76289006
Just like Trump announced he gave $1million to veterans last week because he said he would give the money 3 months ago
He's buying bad debt. It literally means nothing. He spent 60k on worthless information. What a fucking waste. I could have made up 9000 people names said that they owed me money and sold him that list and any "claimed" money to him and I'd be 60k richer. What a sap.
This is not real debt, this is uncollectable AR. You skip out on a medical bill in the 80's, John Oliver buys it today for less than a penny on the dollar, does this mean anything to you?
It is just virtue signalling.
>>76289211
>>Trump raises 5.6b with minimal required attention
That's hilarious. Trump didn't pay out any of that money until months later when he got called on it, and got angry about it.
You should stop using /pol/ as a news source.
>60k
virtue signaling
>>76288697
WTF YOU NEED ME TO EXPLAIN A BRANCH TO AUSSIE NOW, YOU ARE TRULY ASKING WHAT A STICK IS.
>>76288508
Proof? I mean, yeah, he said so, but so what?
>>76289246
I didnt know it was so easy and simple to sell debt. Youve done it before right?
>>76289338
(you)
>buy everyone's debt cheaply
>just forgive it
So why not just do this forever then? I mean it was only 60 grand, you could just do this every week.
>>76288508
most likely cost about 150k for that debt
>>76289179
>I disagree with the idea that its only charity if its anonymous
Sorry maybe I cling too much to the christiand concept of charity.
Charity is giving what you need to the people that need it more than you. Giving handouts and announcing it to everyone like this rich people do is a marketing campaign.
>>76289220
https://www.rt.com/usa/193952-charity-conservatives-religion-utah/
http://dailycaller.com/2010/09/23/surprise-conservatives-are-more-generous-than-liberals/
well fuck Trump, i'm a #HillPill now
>>76288508
It's a publicity stunt not charity, so yes, even more hate-worthy.
>>76289338
>>76288508
>https://consumerist.com/2016/06/06/john-oliver-buys-15m-in-medical-debt-then-forgives-it/
>>76288508
AND WTF SOMEONE BUYS DEBT IN YOUR COUNTRY AND IS A HERO, NO GUYS THATS CALLED A PROBLEM NEEDING A FIX.
>>76289338
>Trump didn't pay out any of that money until months later
Most of the money went out earlier, some of it took a while to clear. There's even one group where the cheques haven't cleared yet, and he specifically pointed out which one it was. Several groups have confirmed that. There's an extensive vetting process. You cannot just give over 30 groups well over $100,000 without making sure they're legitimate.
He negotiated with the debt holders to pay 60k from Comedy Central to pay for the debt. He didn't pay 15m dollars and he didn't pay out of his own pocket.
It's a nice gesture and I'm sure it's a relief to the debtors to have that off their shoulders, but the fact he's using it as a publicity stunt is shameful. I would have been able to respect the act more if he had done it in private & not mentioned it.
>60k
>60k
>60k
>60k
>60k
Virtue signaling
>>76288508
FUCK HIM.
>HEY SLAVES, HERE'S A DROP IN THE POND OF A SEA OF DEBT.
NEVER MIND FIXING THE PROBLEMS. LET'S JUST KEEP PERPETUATING THE BULLSHIT.
So, the millions he got from the Jews that own media, goes back to the same Jews that kill thousands of Americans a year with the most corrupt model of medicine imaginable.
>>76288508
John Oliver is a little faggot liberal bitch. He's a fucking retard that's wrong on a lot of subjects as well.
>>76288508
He barely scratched the surface.
And yet GamerGate donates money to a charity and they were still seen as a pit stain on the Internet.
>>76288508
>smug fuck
>"forgiving" debt that was never going to get paid anyway.
>literally nobody in at least seven states in any given direction from me benefited
Get fucked.
>>76288508
didn´t they make sure that none of the debt was owned by straight white men because apparently they were already privileged enough in his eyes?
so he is still ok with being racist and sexist so I still hate him
>>76289220
He was vetting the charities
meanwhile the media ran stories for months about how he probably pocketed the money
>>76289536
John Oliver is an entertainer/comedian/tv personality
Donald Trump is the Republican Presidential Nominee
Both are faggots but only 1 is running for president
>>76289453
https://www.washingtonpost.com/politics/media-scrutiny-over-charitable-donations-to-veterans-riles-up-trump/2016/05/31/cbb1fecc-272f-11e6-b989-4e5479715b54_story.html
>The same list also made clear that Trump had cut many of these checks only after he came under intense media scrutiny.
>But that vetting missed major questions about at least one charity on Trump’s list. The Foundation for American Veterans got $75,000 from Trump despite its “F” rating from a charity watchdog, which noted that it spent only a fraction of its donations on veterans — and the rest on “overhead” and fundraising.
What an embarrassment.
>>76289754
A sane person usually vets charities before they say they gave $1 million to those charities
So wait, why is this stuff really worth 60k?
Also, why don't governments just occasionally forgive debts? Isn't that a pretty smart way to revitalize your economy?
>>76289707
You forgot he brought debt in Texas, where it's literally impossible to bother people about their debt.
>>76288508
If Person A commits a crime, it isn't allowed for Person B to serve the punishment in his place. This is a fundamental concept of the law, based on the idea of personal responsibility. Paying off another person's debt is a violation of this concept. Even worse are the practical consequences when people start expecting they won't be responsible for their own debt or bad decisions (see: moral hazard).
>>76289620
It's not a nice gesture, because the debt isn't legally enforceable anymore. There is no legal means for the company to force someone to pay for the "debt" and paying it back won't boost the person's credit. It's basically a scam. So John Oliver just got scammed out of 60k.
>>76289338
Shut the fuck up, sleazebag. You know exactly how raising money for a charity works but pretend not to. It takes months to collect on peope's pledges and many times, all the money still isn't collected. Then there's distributing the money to all the different organizations. This is why Trump hates the lying scummy media.
>>76289508
>>76289906
The reason the debt was so cheap was because it's dead, meaning unrecoverable.
>>76289888
Trump's suggesting to do that...
>>76289103
This.
Wake the fuck up, people.
Medical debt isn't real or tangible. Some Jew decides your emergency care is worth tens-of-thousands, then that debt is arbitrarily created out of nothing.
Those same Jews own the debt, as who own the banks, and own media.
They can give him 15 million in debt, for NOTHING.
This isn't real money, it isn't even real debt. Debt is nothing but the chains of servitude for the Jews to their gentiles.
There is a huge, huge HUGE difference between forgiving debt and paying it off. He did not pay $15 million for that debt, and that debt never realistically reflected $15 million of medical services... it is all a scam.
>>76289179
I'm confused
How the fuck can you buy and forogive $15 million of debt with only $60k?
In that case, wouldn't you be able to buy your own debt and "forgive it" for a lot less than the debt itself?
>>76289520
I think making a huge spectacle about your charity is more or less just virtue signalling, but being completely anonymous isnt necessary either. Its just when you make an entire segment on a TV show where you donate some nominal amount of money to people who dont really need your help all to make yourself look better, its pretty clear youre just a douche.
>>76288508
I never hated him.
>>76290080
And he's the first one ever to do so?
Because if that's the case, economists and politicians are pretty fucking retarded. Even Ancient Mesopotamia had debt forgiveness festivities.
That's what America should have. On the 4th of July, they should buy a whole bunch of debt and set it on fire.
>>76290154
Lrn how defaulted loans work
>>76290154
Because your debt isn't worth .004$ per dollar.
>>76289220
Giving real, CASH, to charities, is fundamentally different than buying "debt" at discount Jewish insider pricing, then making it disappear.
The first is actual charity, the second is an economic illusion.
>>76289006
>LOOK AT ME I'M TOTALLY NOT DOING THIS FOR PUBLICITY
This. This is exactly it.
he bought worthless debt that would have never been paid. So he "forgave" 15m of those who would never know the difference.
I just freed 1 billion dead african slaves, I just undid slavery. Someone give me a nobel.
>>76290032
>sleazebag
I love how you retards just parrot Trump's words. He's a walking meme machine, and you just amplify everything he says. No wonder he's so popular with autists.
>>76288898
This word you keep using...
>>76290158
Ok you actually make a good point.
>>76289620
His show was about the ridiculous ease with which you can buy and sell debt. To demonstrate that he bought $15m worth of it. If he did it in private then it wouldn't have been an effective demonstration.
>>76289888
What are you a Dindu? It would cause inflation on a massive scale like the weimar republic. Fiat currency is backed by debt, the dollar is the physical manifestation of debt. The governments promise to pay.
>>76290327
And it's not like Oliver had to brag about it on his show. He could do it without announcing so for the publicity. I could donate to any charity or help any friend out without the nation knowing that.
>>76289794
sadly that's true, even when i admire Trump's crude sense of humor and eloquence.
but he can do the least harm to your country.
The worst thing he can do is wave his cock around and the senate blocks him.
But Hillary is just the gateway to WW3
>>76289028
Now YOU I like.
>>76290360
>Trump created and was the first to initiate the label "sleazebag"
>>76288508
dirty jew brit? yeah we still hate him
>>76288508
watch the show. its propaganda so that the goverment will put more regulation on the subject and there will be less competition. this is clearly for the jewish elite and not for the people. this is very alarming.
you are the problem, you fall for the jewish tricks, this is why its so easy to cuck you. be smarter dont consume comedic news shows. this is not news this is propaganda for simple minded people.
>>76290452
>But Hillary is just the gateway to WW3
Me, I worry more about Trump on that score than Clinton 2.vagoo.
>>76290552
>Trump also labeled the news media “dishonest” and “unfair” and called ABC News reporter Tom Llamas “a sleaze.”
Trump used the term to describe anyone in the media who called him out on his blatant fraud. And now Trump shills are doing the same in this thread. You literally cannot come up with an original thought yourselves.
>>76289220
because the media kept writing hit pieces
>>76290393
But debt from a state that protects debters is far from representative of our true debt issue, and things like school loans aren't as easily avoided.
It gets hard, because we have people like myself, who worked their asses off to earn degrees with no debt... if college debt starts getting forgiven, where does it put the person who lived responsibly?
He ends up the loser in the situation, which tends to be the case in socialism.
>>76290398
Right, but we all know that that's never going to happen. Some countries have more debt than their entire economy is worth. Why even keep pretending
>>76290711
I'm not the one echoing bullshit of other, more prolific liberals, like you.
>>76288508
He spent less than $60,000 to prove a point and try to outdo Oprah giving everyone in her audience a car. Because he "forgave" the debt of a bunch of people's medical bills from "potential debt collectors".
and now they're going to parade this pasty British nerd around like he's the second coming of Jesus when Donald raised $6 million dollars (of actually money, not debt) to give to the veterans.
yes we still hate him.
>>76290670
http://www.zerohedge.com/news/2016-06-05/hillary-campaign-reeling-after-shocking-secret-service-book-exposes-clintons-dirty-l
give it a read, not excepting you to believe everything, or anything. But the Clinton's have so much dirty laundry, and the fact that they take the approach of silencing opposition over serving the country is well, not that great.
He's still a scumbag in my book.
>John Oliva hereya, I buy debt in the current yearya
>>76290734
The show wasn't about debt directly. This publicity stunt was about debt trading. He didn't say "debt is problem so lets just forgive it". He said " debt trading is so unregulated that we can buy $15M of it without significant effort."
>>76291069
You forgot the part where he leaves the audience with a call to action, in order to get their government to fix this problem and regulate it.
>>76288508
one of the biggest assholes on earth aside from you op
>>76289006
>>76288898
>>76289103
>>76289179
>>76289622
you got it all wrong. see here >>76290628
>>76289206
>>76289646
you are smart, are you a kike?
>>76289711
I'd like to know if this is true...
>>76291069
Because that debt was insolvent, they can't even give it away... it is worthless.
>>76288508
Yes.
I don't want my taxes and premiums to go up because of fat fucks, baby boomers, spics, fags with aids and niggers on the dole.
If he wants to pay for them out of his own pockets, he's free to do so. I'm not paying for unhealthy trash that should have been left to die in the first place.
>>76288508
When collection companies buy debt they buy it for pennies on the dollar. They do this because the original loaner just wants to cut his losses, he doesn't have time to hound thirty thousands individuals. So then the collection company has the time and effort to collect on the debt.
So my question is did John Oliver pay 15 million for the 15 million in debt he forgave or did he pay 1.5 million for it all?
>>76290360
>>76290670
You're obviously a concern shill then. Hillary is as big a warmonger as Rumsfeld and Kristol. Maybe more.
https://www.youtube.com/watch?v=FmIRYvJQeHM
>>76291418
60k
he probably bought the worst dept in the market that would never be due.
>>76290670
>trump is going to cause a war
Just look at the fresh new ones created by the head kike and clinton at the state department.
>>76288865
He didn't spent 15m, he only spent (well the show only spent) 60K. He bought the debt for pennies on the dollar.
>>76291479
>Hillary is as big a warmonger as Rumsfeld and Kristol. Maybe more.
Well, as far as I know she's never promised to kill families and civilians.
http://thinkprogress.org/politics/2015/12/15/3732671/trump-isis-kill-family-members/
>>76291342
Well it seems it's worth $60k actually. But you are missing the point, it's not about the debt, it is a big publicity stunt used as a call to action to regulate debt trading.
>>76291418
And my question to you is, read the thread you fucking retard.
>>76291224
Not yet. But I'm getting won over as I realize people genuinely are happy being enslaved by debt.
You can tell someone to their face exactly what is happening and they'll call you crazy.
Not that I blame Jews, specifically... in fact, I don't think you can understand the situation, and the fact that people willingly abide by it... without having a certain administration for how systematically gentiles have been defeated, and taught to embrace their defeat.
If there truly is a master race, right now, you guys are winning the game. But who knows what the future holds. Right now, you're on track to keep winning, and you've earned it.
I've had probably close to $5000 in collections/bad debt over 20 years and it was all made up bs or errors on the part of the companies. I have never paid a cent and never even been sued. Oliver merely enriched scumbags with no benefit to real people
>>76291768
Debt trading isn't the issue.
Are you able to buy debt at Wal-Mart? No? The issue is the economy is controlled by a small elite cabal, and all "debt trading" does is let them turn debt into even more fiat dollars.
As long as cash isn't backed by resources, the debt and ownership of Americans will always be manipulated for profit. What we need to do, is hold these elites accountable, not focus on a small issue in a grander scheme.
>>76291803
i myself not part of the elite but maybe with hard work ill be part of it in israel.
>>76291743
Not publicly but, then again she arms and funds our "enemies".
>>76292111
>Debt trading isn't the issue.
But it literally is, it is what Oliver was talking about.
>>76290452
>>76291479
Worse than that... You can expect that after she ends up starting world war 3, she'll feign another """""""""stroke""""""""", and vanish***.
***taking a private jet flight to her multi-million dollar private bunker
>>76291743
Obama's drones kill whole families all the time. The libshits just don't tell you what they do.
>>76292378
HE IS TALKING ABOUT A NON-ISSUE.
Redirecting public thought to a narrow field is literally like convincing a school of anchovies to swim in a new direction. But we ignore the bigger picture, and swim right into the net.
You have to ask "What does HE and other elites gain from this?" ans 100% OF THE TIME it is in their self-interest.
>>76291743
Yeah, she just supports inciting conflicts that will, without possible strategic value, inflict death and suffering onto the civilian population of entire nations.
But thank you for correcting the record anyway.
>>76292416
Hillary hasn't had a stroke since the early 2000s. In 2012, she was in a plane crash that caused hemorrhaging in her brain from traumatic brain injury. This is when she secretly was in talks with the ayatollahs and Ahmadinejad in Iran.
http://www.whatdoesitmean.com/index1642.htm
http://www.debka.com/article/22645/Hillary-Clinton-in-hospital-amid-speculation-of-plane-accident-in-Iran
Now, we're talking about the tape being deleted where James Rosen asked State Dept about the talks with the Iranian leadership and Nuland lied about it. It was related directly to Hillary so they scrubbed it.
>>76291743
What's the problem with bombing our enemies families? They already bomb ours? After we dropped a bomb on Nagasaki and Hiroshima did the Jap's suddenly become terrorists? Or did they realize that we just bomb a few more of their cities until they stopped being cunts.
>>76292893
So the association of her medical condition with the Benghazi trial was a red herring?
>>76292475
Obama's drone program is pretty evil in in its willful disregard for human collateral damage, but it is a huge next step to purposefully target civilians.
>>76293055
There's no problem because they are participating. It's just muh women and kids concern trolling
Spends $60,000 for $15 million worth of debt
People think he spent $15 million for $15 million worth of debt
>>76293132
Fuck that shit. It's not like their family members don't know. All those mudslime shits must pay.
>>76293273
Kek, how did he end up only paying 60k?
>>76293055
>They
This is the issue, define they.
Makes me hate him more actually.
![139035361828[1].jpg](https://i.imgur.com/rnMGX3H.jpg "139035361828[1].jpg")
>>76293224
>It's just muh women and kids concern trolling
>>76293348
Be specific are you advocating all out war with Indonesia or are you suggesting the carpet bombing of most rural villages in Pakistan.
>>76293441
Debt is less valuable than the face amount as you actually have to collect it
>>76293441
Its the type of debt that will likely never really get paid off, so you can buy it at "discount" which is better than getting $0 back.
>>76293441
(((Shrewd network financial advisors)))
>>76293348
I think we're best off adopting "Keep your friends close and your enemies closer."
Better to know about an impending attack from an informant that you might stop it than to cultivate a reputation for exacting revenge through their families.
>>76290093
>Wake the fuck up, people
Stopped reading right there
>>76293441
Debt buyers resell debt for less than they bought it to get some money back. Depending on how many times the debt has been sold it became cheaper to buy more debt with a fraction of the total debt worth.
>>76288508
>Leftists are good people meme
I want this to stop.
>>76293639
>>76293622
>>76293657
I see, that makes sense. So the issuers of the loan, rather than take a total loss, discount it and (I'm guessing) ignored accrued interest?
>>76293072
Of course.
>>76293132
Trump said go after the family, not kill them.
>>76288697
Faggots
>>76293132
All Muslims are terrorists you faget
>>76288508
So he gave 15m to the hospital corporate complex..
This is counter-productive. And hurts the concept.
People can just default on debt. And Obamacare (meaning IRS taxation) has already ensured you pre-paid for hospital service.
He is a capitalist asshole in other words.
>>76288508
No one fucking sees this as a problem of regulations either.
Oh fucking no this definitely wasn't the result of beurocracy or chrony capitalism. Obama care was suppose to save us all but this doesn't fucking count for reason...
This is why I fucking hate facism more than socialism.
When a socialist economy fucks up everyone rightfully blames the goverment. But when a fucking facist economy fucks up the free market get blamed for goverment policy. Making retards demand more goverment policies. So the cycle continues.
>>76293885
The interest is part of the debt so it's sold on
So how did he pay off 15 mill with only 60k?
Someone explain in full how this works.
>>76288508
If I had a lot of money (in fact the billion dollar's worth finances of an organization), and I used just a little of that money to help others (say a million dollars), people would demand that I used more of my money to prove I wasn't so cheap.
We should hold John Oliver to these same standards.
>>76293885
Depends. Some loan issuers bundle loans together and sell the rights to the revenue as an investment product (this is generally accepted as being the primary cause of the financial crisis, where organisations 'invested' in mortgage-backed products which were hilariously mislabeled).
>>76288560
Kek
>>76294321
Never mind.
I read:
>>76293622
>>76293639
>>76293781
>>76293885
The new owner of the debt takes the debt at its then current value, at the interest rate that it was at.
This is often done, and in fact was pretty much the reason that the "great" recession happened - banks collected debt from people who couldn't pay (like with this debt), collected too much and then sold it off to other banks.
That then sold it on to other banks.
That then sold it on to other banks.
And so on.
Except then, the debt was sold on as valid and not meaningless.
Current Year bought debt which would never get ANY repayment, so 60k for $15m was a good deal.
>>76288865
>spare 15M
No he bought discounted debt. Not even close to 15MM paid, more like ~65M.
>>76289684
it's cause theyre a bunch of sooks who whinge about literally nothing
>Buys debt for extremely cheap because it was beyond its statute of limitations.
>Makes a big deal about how forgiving the debt is the biggest giveaway ever
>Literally intentionally misleading virtue signaling.
>>76288508
Paid less than 60k for 15m of debt.
>>76294620
Hasn't he just given some (((evil companies))) profit they wouldn't otherwise have gotten?
>>76294401
Go back to /reddit/ you colossal faggot
He did a good thing
>>76294808
>He did a good thing
Your lack of spectacular digits say otherwise.
>>76294230
>>76294403
>>76294550
I see now, alright that makes sense. God damn it, I love you /pol/; some pretty bright lads here.
Appreciate you fellas making me smarter.
>>76294564
>15MM
What? You mean KK.
>>76294738
How is it legal to buy up debt like that?
>GREECE SALIVATES
>>76293726
Before you go off spouting aphorisms like that make sure you do your homework first.
Remember "if you kill your enemies they win" ~ Justin Trudeau
I watched the whole episode and he spent the first 10 minutes shitting on Trump U.
>>76295000
Because I suppose the lenders want to make some money back, as that's better than no money back. Otherwise the debt might just fester for eternity.
>>76289857
(you)
>>76294777
Ding ding ding! Winner winner chicken dinner!
>>76288508
With what? Glorified IOUs?
>>76295736
How about not lending to deadbeats?
>>76288508
Pretty nice of him. He's still shit at making arguments against things.
>>76296613
It's not just loan debts (not sure about this case because I don't care)
>>76296613
Well that would be fucking ideal, but as this was medical debt I'm guessing a lot of it was "LOL IM GOIN TO THE ER AND I AINT GONNA PAY"
Hobos do it all the time
