GOP Hitman Billionaire Paul Singer Attacks Middle Class

Thursday, October 13, 2011
Lee Fang, Nation of Change
Submitted by: Jon Gilbert

Thanks to private funding, the GOP has initiated a full-scale media war against the burgeoning "99 Percent" Movement. Many MSM talking-heads are actively smearing the middle class participants of the "Occupy Wall Street" protests springing up around the country in an effort to sabotage the movement. These same so-called "journalists" deriding the movement are gleefully accepting paychecks funded by a billionaire whose business practices have been identified and scorned as among the worst of the financial elite.

[Nation of Change] 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.

[Nation of Change] Singer, manager of a $17 billion hedge fund, earned the moniker “vulture capitalist” for buying the debt of Third World countries for pennies on the dollar, then using his political and legal connections to extract massive judgements to force collection — even from nations suffering from starvation and violent conflicts.

Singer is among the worst of the worst of the top 1% - pure, ego-maniacal, selfish, self-indulgent, destructive evil.

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Posted by Editor on 10/13/11 at 06:24 AM • (0) Comments

Tags: wealth, msm, protests, media,