Actor Michael Sheen has bought £1 million (C$1.86 million) of his neighbours’ debts and written them off using £100,000 (C$186,000) of his own money.

Sheen, best known for his roles in “The Queen,” “Frost/Nixon,” “Masters of Sex” and “Good Omens,” first embarked on his “debt heist” two years ago, with the twin aims of helping 900 people in his native South Wales and spotlighting the perils of a debt industry that demands sky-high interest rates on short-term loans.

“People’s debts get put into bundles and then debt-buying companies can buy those bundles and then they can sell it on to another debt-buying company at a lower price so … the people who own the debt can sell it for less and less money,” he explained in an interview on BBC TV’s “The One Show” last week.

“I was able to set up a company and for £100,000 of my own money, buy £1 million of debt because it had come down in value like that.”

  • commander@lemmings.world
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    1 month ago

    “Rich guys gives money he shouldn’t have to people who don’t need it which hands up back in the hands of other rich people.”

    Rubes on lemmy: “YAYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY!!!”

    Children dying of hunger and/or lack of shelter that could’ve been saved by this money:

      • commander@lemmings.world
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        1 month ago

        You’re just upset because I criticized our oppressors.

        I see it all the time and don’t expect more at this point. That’s how Stockholm Syndrome works.

          • commander@lemmings.world
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            1 month ago

            This is what happens when we point out the naivete of rubes.

            Rather than admit they’re getting taken for a ride or part of a problem, they just cover their ears and throw insults at the messenger.

            Lol. Keep passing a bunch of money around at the top!

            • AbidanYre@lemmy.world
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              1 month ago

              No, it’s what happens when you’re a needlessly combative asshole for no reason.

    • Bamboodpanda@lemmy.world
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      1 month ago

      You’re making a lot of assumptions here. Why do you think his neighbors don’t need the money? How do you know he isn’t also donating to people in real need? And why exactly shouldn’t he have money? Did you personally determine the correct amount he’s allowed to have? Sounds like a lot of certainty for someone who probably doesn’t have all the facts.

      • commander@lemmings.world
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        1 month ago

        Why do you think his neighbors don’t need the money?

        They will survive without it. There are plenty of other people who have to survive with less, and plenty more who have even less and don’t survive.

        How do you know he isn’t also donating to people in real need?

        That’s not what he’s getting praised for.

        And why exactly shouldn’t he have money?

        Watch your wording. I never said he shouldn’t have money. He shouldn’t have the excess that he has, though. Good job trying to change my argument with something that’s easier to argue against. It’s a tried-and-true tactic among the willful ignorance crowd.

        He shouldn’t have that much money because the only reason why he, or anyone else, has those excesses is because others do not have enough. It really is that simple. But here you are praising him for “giving back” a minuscule amount of what he shouldn’t have in the first place.

        This money is also going to end up in the hands of people who shouldn’t have it in the first place and the only reason others don’t have enough is because they have too much.

        Did you personally determine the correct amount he’s allowed to have?

        Yep.

        Sounds like a lot of certainty for someone who probably doesn’t have all the facts.

        Sounds more like you don’t want to understand how you’re supporting the problem and want to fit in with your peers. I know what I’ll put my money on.

        • Bamboodpanda@lemmy.world
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          1 month ago

          Ah yes, the rare and elusive Schrödinger’s Wealth Argument. The rich guy both shouldn’t have the money and yet you never said he shouldn’t have money. Truly a masterclass in mental gymnastics.

          Let me make it clear for everyone in the room: “Rich guy gives money he shouldn’t have” followed by “I never said he shouldn’t have money.”.

          If your argument is so airtight, why does it fall apart the second someone repeats your own words back to you? You’re so desperate to sound intellectually untouchable that you didn’t even bother making your position internally consistent.

          But hey, if you’re the self-appointed gatekeeper of who “should” have money, maybe enlighten us: What’s the magic number? How many dollars past your personal threshold turns someone from acceptable to villainous? Or do you just decide that based on who pisses you off the most in the moment?

          Your argument isn’t about justice or fairness, it’s just self-righteous noise wrapped in a superiority complex. You don’t actually want solutions; you just want to act like the smartest guy in the room. Spoiler: You’re not. But by all means, keep preaching from your imaginary throne, Just don’t be surprised when nobody takes you seriously.

          • commander@lemmings.world
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            1 month ago

            Oh boy. Sorry I’m not going to read all that because I’ve been there before.

            You people will legit stop at nothing to avoid admitting how you’re part of the problem. Once the snowball effect has taken hold and you’re just trying to fit in with your peers, it’s an unstoppable force.

            My time on the internet has really taught me a lot about human psychology. I’m glad I can see you people and your tactics for what they are and give you the respect you deserve.

            Goodbye. You may have the last word (because you will not stop until you get it.)