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Journalists Funded By ‘Vulture Capitalist’ Paul Singer Campaign To Smear Wall Street Protests

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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 09:39 AM
Original message
Journalists Funded By ‘Vulture Capitalist’ Paul Singer Campaign To Smear Wall Street Protests
Edited on Mon Oct-10-11 09:40 AM by mod mom
Journalists Funded By ‘Vulture Capitalist’ Paul Singer Campaign To Smear Wall Street Protests
By Lee Fang posted from ThinkProgress Special Topic on Oct 10, 2011 at 10:30 am

The campaign the marginalize and destroy the growing 99 Percent Movement is in full swing, with many in the media attempting to smear the people participating in the “occupation” protests across the country. However, several of the so-called journalists deriding, and in some cases sabotaging the movement, have paychecks thanks to a billionaire whose business practices have been scorned as among the worst of the financial elite.

As the New York Times has documented, Paul Singer, a Republican activist and hedge fund manager worth over $900 million, has emerged as one of the most important power brokers within the GOP. Now, it appears that the reporters financed by Singer are at the forefront of efforts to tarnish the reputation of 99 Percent Movement demonstrators:

Journalist Who Admitted To Infiltrating Protests To ‘Mock And Undermine’ The Movement Works For A Singer-Supported Right-Wing Magazine. In a column posted last night, reporter Patrick Howley admitted that he had surreptitiously joined an anti-war spin-off group from the OccupyDC protests that planned to demonstrate at a military drone exhibit at the Smithsonian’s Air and Space museum. Howley wrote that he “infiltrated” the action and sprinted into the police along with a few protesters in order to “mock and undermine” the movement. Singer is a major donor the Spectator, a right-wing magazine known for its role in the “Arkansas Project,” a well-funded effort to invent stories with the goal of eventually impeaching President Clinton.

Journalist Pushing To Discredit Occupy Wall Street Is Funded By Singer’s Think Tank. Josh Barro, a journalist who has attacked the 99 Percent Movement in the National Review and the New York Daily News, draws a salary from the Wriston Fellowship at the Manhattan Institute, a big business advocacy think tank in New York. Barro makes the same tired arguments, that anti-Wall Street protesters are too inarticulate and “extreme” to be taken seriously. Singer is the chairman of the Manhattan Institute, and even oversees the Wriston annual fundraiser.

-snip

http://thinkprogress.org/special/2011/10/10/339862/paul-singer-vulture-capitalist-journalists/

his mug needs to be as prominent as the koch brothers and he can receive the public disdain he deserves!

I bet the pimp-boy himself is changing into one of his clever disguises in order to infiltrate for a fee.
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 09:52 AM
Response to Original message
1. Greg Palast on Paul Singer:
Singer's modus operandi is to find some forgotten tiny debt owed by a very poor nation (Peru and Congo were on his menu). He waits for the US and European taxpayers to forgive the poor nations' debts; then waits at bit longer for offers of food aid, medicine and investment loans. Then Singer pounces: legally grabbing at every resource and all the money going to the desperate country. Trade stops, funds freeze and an entire economy is effectively held hostage.

Singer then demands aid-giving nations pay monstrous ransoms to let trade resume. At BBC TV's Newsnight, we learned that Singer demanded $400 million dollars from the Congo for a debt he picked up for less than $10 million. If he doesn't get his 4,000% profit, he can effectively starve the nation. I don't mean that figuratively—I mean starve as in no food. In Congo-Brazzaville last year, one-fourth of all deaths of children under five were caused by malnutrition.

-snip

http://www.gregpalast.com/uber-vultures-the-billionaires-who-would-pick-our-president/

and read how he made a fortune off of those suffering from asbestos related illnesses. :mad:

This is the type who deserves true justice!
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 09:55 AM
Response to Reply #1
2. Republicon Family Cesspool Values
As usual.

The Freepers & Baggers -- if they ever wake up -- are going to be sooo pissed that they let these billionaire puppetmasters sucker them into being sheep-like followers.
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 10:03 AM
Response to Reply #2
3. what do you mean? Mr Singer is a self made man & deserves every penny he has earned!
:mad:
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