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by thehoff·11y ago·view on hn ↗
All empathy right out the door. No second thought for the lives they were ruining for their own self.
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People need to understand basic math, and around 30% of the population doesn't, at all. I went to public school and I know what kind of people neglected real education, and chose to fuck around instead. Its not the fault of these two guys, banks, or anybody else.
I think you need to understand what empathy is. Nothing in your post actually addresses the post you replied to. Seems like what you're implying, is that it's okay to take advantage of people. And you're basing this implication on some anecdotal experience you had growing up. I just fail to see what that has to do with anything. Do you feel like taking advantage of desperate people is okay? Because that's what I'm getting out of your post.
Well hold on a second. How did the two playboys take advantage of the small businesses? The businesses needed money, he lent it to them. Did he physically force them to sign on the dotted line? Did they even bother reading the terms and understanding what it meant? If the business is croaking, taking a high interest loan isn't gonna help. Liquidate now, so at least you got some cash to pull through while you look for a normal job.

I mean, what do you have to say? Surely you're more empathetic than I am, so I'm very interested in how people like you think.

From the article:

At Second Source, the best customers were the most desperate. Often they were immigrants with poor English. Brokers bragged about their biggest rip-offs. For motivation, Hurwitz would tape $100 bills to the wall. Salesmen who weren’t cutting it would have their chairs taken away. “Why are you sitting on my chair,” Hurwitz would yell, “if you’re not making me any money?”

I'm sure those businesses were not physically forced to sign but I'd wager those phone calls were not entirely forthcoming on details as well.

A large segment of the population is bad at math (and it's way more than 30%). You're labeling those people as some kind of moral failure since you didn't like the kids at school who were poor students and are sure all people who are bad at math are just like those classmates.

There is a small group of people who recognize that many people are bad at math and deliberately exploit this fact to suck their victim's wealth dry until they're bankrupted or put out of business. You are absolving these people of any moral culpability.

Very strange.