{"id":6119,"date":"2011-10-14T00:02:47","date_gmt":"2011-10-14T07:02:47","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/2011\/10\/14\/hedge-fund-millionaire-trashes-99\/"},"modified":"2011-10-14T00:24:41","modified_gmt":"2011-10-14T07:24:41","slug":"hedge-fund-millionaire-trashes-99","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2011\/10\/14\/hedge-fund-millionaire-trashes-99\/","title":{"rendered":"Hedge Fund Millionaire Trashes 99%"},"content":{"rendered":"

A super-rich hedge fund manager and Republican activist is not only trashing the 99%, but investing considerable resources into having others trash the 99% as well.\u00a0 This is a crystal clear indication that Banksters, corporate criminals and the Republican Party are scared to death of what they see in the streets of America.<\/span><\/p>\n

\n

\"14\"…As the New York Times has documented, Paul Singer, a Republican activist and hedge fund manager worth over $900 million<\/a>, has emerged<\/a> as one of the most important power brokers<\/a> 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:<\/span><\/p>\n

Journalist Who Admitted To Infiltrating Protests To \u2018Mock And Undermine\u2019 The Movement Works For A Singer-Supported Right-Wing Magazine<\/span><\/strong><\/span>. 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\u2019s Air and Space museum. Howley wrote that he \u201cinfiltrated\u201d the action and sprinted into the police along with a few protesters in order to \u201cmock and undermine<\/a>\u201d the movement. Singer is a major donor<\/a> to the Spectator, a right-wing magazine known for its role in the \u201cArkansas Project<\/a>,\u201d a well-funded effort to invent stories with the goal of eventually impeaching President Clinton.<\/span><\/p>\n

Journalist Pushing To Discredit Occupy Wall Street Is Funded By Singer\u2019s Think Tank<\/span><\/strong><\/span>. Josh Barro, a journalist who has attacked the 99 Percent Movement in the National Review<\/a> [Extremists delinked] and the New York Daily News<\/a>, draws a salary [Republican financiers delinked] 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 \u201cextreme\u201d to be taken seriously. Singer is the chairman [Republican financiers delinked] of the Manhattan Institute, and even oversees<\/a> the Wriston annual fundraiser.<\/span><\/p>\n

As Singer-funded journalists make their best effort to diminish the Occupy Wall Street protesters as confused idiots unable to articulate a clear goal, it so happens that these journalists are funded by a man who epitomizes the crony capitalist behavior of the greedy one percent.<\/span><\/p>\n

Singer, manager of a $17 billion hedge fund, earned the moniker \u201cvulture capitalist<\/a>\u201d for buying the debt of Third World countries for pennies on the dollar, then using his political and legal connections to extract massive<\/a> judgements to force collection \u2014 even from nations suffering from starvation and violent conflicts. Singer and his partners have used such tactics<\/a> in Panama, Ecuador, Poland, Cote d\u2019Ivoire, Turkmenistan, and the Democratic Republic of Congo. In addition to squeezing impoverished countries with sovereign debt schemes, Singer speculates in the oil markets, a practice which can lead to gasoline price hikes here in the United States. The revelation that Singer engages in oil speculation, and also funds Republican lawmakers opposed to oil speculation regulations, was exposed<\/a> by ThinkProgress using leaked government documents\u2026[emphasis original<\/em><\/span>]<\/span><\/p>\n<\/blockquote>\n

Inserted from <Nation of Change<\/a>><\/p>\n

On a scale of one to ten, this guy personifies villain.<\/span><\/p>\n

To confirm\u00a0 his loyalties, I did a little digging top discover where he donates his money.\u00a0 His beneficiaries include<\/a>:<\/span>Michigan Republican Party, John Kasich, Eric Cantor, Marco Rubio, Sharon Angle, Scott Brown, the RNC, and more.\u00a0 You won\u2019t find Democrats on that list.\u00a0 These are a year out of date, but I have no specifics for 2011.<\/span><\/p>\n

This is who Republicans represent.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

A super-rich hedge fund manager and Republican activist is not only trashing the 99%, but investing considerable resources into having others trash the 99% as well.\u00a0 This is a crystal clear indication that Banksters, corporate criminals and the Republican Party are scared to death of what they see in the streets of America. …As the […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-6119","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/6119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=6119"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/6119\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=6119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=6119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=6119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}