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Who hatched Rubio?

Greg Palast 

The big boys are confident that Sen. Marco Rubio has locked up the Republican nomination. But who’s locked up Rubio?

I called my bookie in London. The betting professionals were not surprised at Marco Rubio’s big Iowa showing. The smart money has been on Rubio since October 31–despite the fact that Rubio was polling at just 9%.

Paul Krishnamurty, politics odds analyst at Betfair.com, told me that, among professional betters, over just two days, Rubio soared from zero to odds-on favorite to win the GOP nomination.

Why would the guys who bet the rent money place it all on Rubio – and what suddenly changed on October 31?


Because, despite the fact that 9 of 10 Republicans rejected him, on Halloween, Rubio won the only vote that counts: The Vulture’s.

It was page one news in the New York Times: Paul Singer, Influential Billionaire, Throws Support to Marco Rubio for President.

I’ve been hunting Singer, AKA The Vulture, for nine years across four continents. And now the carrion-chewing billionaire has decided who will be your next President.

The Vulture, not the Kochs, has become the Number One funder of the Republican Party. The Vulture’s blessing signals to the other billionaires where to place their bets.

Singer doesn’t “donate” to candidates. He invests in them. And he expects a big, dripping return on his money.

But why Rubio? Because Singer’s little hatchling is doing The Vulture’s bidding already. Singer has launched a murderous financial “vulture” attack on Argentina. Singer is shaking down the gaucho nation for $3 billion.

Here’s the story. Decades ago, Argentina’s military dictatorship issued bonds that sucked the nation dry. When democracy returned, 97% of the banks that had funded the dictatorship agreed to take …more

Rubio’s Billionaire Vulture
Paul Singer, the GOP’s Baddie Sugar Daddie

Greg Palast 

The untold story of the sources of the loot controlled by Paul “The Vulture” Singer and why he needs to buy the White House

Greg Palast has been investigating Singer and other finance vultures for BBC Television’s Newsnight.


It’s out of the closet — or, more accurately, out of the coven.  The list of the billionaires who have given at least $2.5 million to Conservative Solutions, the pro-Rubio Super PAC, is headed by Paul Singer.  Singer and his hedge fund crew at Elliott Associates, with their donations to the Republican National Committee and other “independent” groups like “Solutions”, makes it likely that Singer is now the top funder for the GOP.

For BBC-TV, I’ve been tracking Singer for nine years.  And this is the key fact you need to know about the man whose cash would pick our President:  Paul Singer likes to breakfast on decayed …more

Alabama Gov. Fixing Mansion with BP Fund Money

Greg Palast 

 

The Governor of Alabama has decided that instead of using BP’s cleanup money for restoring the lives of those affected by one of the worst man-made disasters in history, he’s using it to rebuild a mansion.Alabama_Governor's_MansionOwned by the State of Alabama the million dollar beach residence of the Governor has been closed for 18 years since Hurricane Danny damaged it. The fix-up is “estimated at $1.5 million to $1.8 million” and will be done by May according to the Associated Press.

A million and a half bucks could pay for a lot of beach cleanup, something that’s still needed in the Gulf. But as with everything associated with this deal the money goes to the top – and then trickles down to the bottom. Just like the oil in the Gulf.

The BP settlement has been a disaster since the beginning, as I reported back in 2012:

The lawyers for 120,000 victims of the Deepwater Horizon blow-out cut a deal with oil company BP PLC which will save the oil giant billions of dollars. It will also save the company the threat of a trial that could expose the true and very ugly story of the Gulf of Mexico oil platform blow-out.

I have been to the Gulf and seen the damage – and the oil that BP says is gone.  Miles of it.  As an economist who calculated damages for plaintiffs in the Exxon Valdez oil spill case, I can tell you right now that there is no way, no how, that the $7.8 billion BP says it will spend on this settlement will cover that damage, the lost incomes, homes, businesses and boats, let alone the lost lives – from cancers, fetal deformities, miscarriages, and lung and skin diseases.

In 2010, President Barack Obama forced BP to set aside at least $20 billion for the oil spill’s victims. This week’s settlement will add exactly ZERO to that fund.  Indeed, BP is crowing that, adding in the sums already paid out, the company will still have spent less than the amount committed to the Obama fund.

There’s so much corrosion, mendacity and evil covered up by this settlement deal that I hardly know where to begin.

Read the rest: BP Settlement Sells Out Victims – Deal buries evidence of oil company willful negligence

Download the investigation, Vulture’s and Vote Rustlers here.

Will you walk with me?

Greg Palast 

A personal note from Greg Palast

We’re close, so very close to finishing our new movie The Best Democracy Money Can Buy-A Tale of Billionaires and Ballot Bandits (out in 2016) but I urgently need your help to get us over the finish line.


You can truly make a difference by making a tax-deductible contribution to The Palast Investigative Fund and lend your vitally needed support for any amount, large or small.

You can also donate to get a Screen Credit as a Producer ($1,000), Co-Producer ($500) or Supporter ($100), or how about getting the name of one of your loved ones up on the screen as a Christmas Gift?

Can you help me make this film an event, a cause, and weapon for the new civil rights movement?

So what’s the story causing me to beg you to come to our aid?

…more

Who Hatched Rubio?

Greg Palast 

The news media was abuzz when Marco Rubio received what likely is the most important endorsement of the 2016 political season. Courted by Bush, Christie, and even ‘The Donald,’ the man known by his colleagues as “The Vulture” was circled by many, but eventually he swooped in on Rubio.

So who is this…Vulture?

He was the man behind the Swift Boat Veterans for Truth, the man behind Mitt Romney, and the man that chose Paul Ryan for Vice President.

The Vulture is well known for all of this, but the real reason why Paul Singer is important can be found here on GregPalast.com.

Watch our first ever investigation into this financial bird of prey below, and read more on how Singer has built his empire on the ruins of nations, the Congolese, and union workers.

…more

Keystone Delay?
Kochs’ President will OK Kochs’ Pipe

Greg Palast 

Yesterday TransCanada called for the State Department to pause its review of the Keystone XL Pipeline until after the 2016 election. Of course, with every Democratic candidate against the filthy crude tube, and every Republican for it, the delay is a gamble on the race.

But who’s behind the pipe – that is, who benefits? And why in the world are we sending oil all the way down from Canada? Texas? Texas, I hear, already has a little oil.

The answer is a four letter word: Koch. Read the story we broke in Vice Magazine, “I want my fair share – and that’s ALL OF IT.

Trojan Hearse:
Greek Elections and the Euro Leper Colony

Greg Palast 

For το χωνί (Greece)
[updated January 26, 2015]

Europe is stunned, and bankers aghast, that the new party of the Left, Syriza, won Sunday’s parliamentary elections in Greece.

Syriza won on the promise that it will cure Greece of leprosy.

Oddly, Syriza also promises that it will remain in the leper colony.  That is, Syriza wants to rid Greece of the cruelty of austerity imposed by the European Central Bank but insists on staying in the euro zone.

The problem is, austerity run wild is merely a symptom of an illness.  The underlying disease is the euro itself.

For the last five years, Greeks have been told that, if you cure your disease – that is, if you dump the euro – the sky will fall.  I guess Greeks haven’t noticed, the sky has fallen already.  With unemployment at 25%, with doctors and teachers eating out of garbage cans, there is no further to fall.

In 2010, when unemployment was a terrible 10%, a year into the crisis, the “Troika” (the European Central Bank, European Commission and the International Monetary Fund) told the Greeks that brutal austerity measures would restore their economy by 2012.

Ask yourself, Was the Troika right?

There is a saying in America:  Fool me once, shame on you.  Fool me twice, shame on me.

Can Greece survive without the euro?  Greece is already dead, but the Germans won’t even bother to bury …more

Investigó a Paul Singer y cuenta quiénes pudieron ganarle

Greg Palast 

by Francisco de Zárate for Clarin.com

Investigó a Paul Singer y cuenta quiénes pudieron ganarle.

Entrevista con Greg Palast, periodista de la BBC y The Guardian También relata cómo el poderoso titular del fondo buitre NML venció a Peru y al Tesoro de Estados Unidos.

Durante su vida anterior, cuando era detective privado, el estadounidense Greg Palast (62) trabajó para sindicatos, para el Gobierno de Estados Unidos y hasta para los indios nativos de Alaska, a los que ayudó a descubrir un fraude de British Petroleum por el desastre ecológico del petrolero Exxon Valdez en 1989. Hasta que se cansó que ver cómo los reporteros hablaban de su trabajo y se pasó al otro lado: “Me converté­ en periodista de investigación de la BBC y The Guardian (Leer la traducción del artéculo). No les importaba que supiera o lo escribir. Lo que les interesaba era la información”.

Desde Nueva York, Palast habló por teléfono con Clarín sobre Paul Singer. El hombre que maneja el fondo NML y principal demandante de Argentina en el conflicto por la deuda en default, …more

Obama Can End Argentina’s Debt Crisis with a Pen
The President has the Constitutional power to pluck vulture-fund billionaire Paul Singer. Obama hasn’t. Why not?

Greg Palast 

For The Guardian

The “vulture” financier now threatening to devour Argentina can be stopped dead by a simple note to the courts from Barack Obama. But the president, while officially supporting Argentina, has not done this one thing that could save Buenos Aires from default.

Obama could prevent vulture hedge-fund billionaire Paul Singer from collecting a single penny from Argentina by invoking the long-established authority granted presidents by the US constitution’s “Separation of Powers” clause. Under the principle known as “comity”, Obama only need inform US federal judge Thomas Griesa that Singer’s suit interferes with the president’s sole authority to conduct foreign policy. Case dismissed.

Indeed, President George W Bush invoked this power against the very same hedge fund now threatening Argentina. Bush blocked Singer’s seizure of Congo-Brazzaville’s US property, despite the fact that the hedge fund chief is one of the largest, and most influential, contributors to Republican candidates.

Notably, an appeals court warned this very judge, 30 years ago, to heed the directive of a president invoking his foreign policy powers. In the Singer case, the US state department did inform Judge Griesa that the Obama administration agreed with Argentina’s legal arguments; but the president never …more

The Vulture:
Chewing Argentina’s Living Corpse

Greg Palast 

Vulture investor Paul Singer has forced the nation of Argentina into default. Here’s the real story, from Billionaires & Ballot Bandits by Greg Palast.

A call came in from New York to my bosses at BBC Television Centre, London. It was from one of the knuckle- draggers on the payroll of billionaire Paul Singer, Number One funder for the Republican Party in New York, million-dollar donor to the Mitt Romney super-PAC, and top money-giver to the GOP Senate campaign fund. But better known to us as Singer The Vulture.

“We have a file on Greg Palast.”

Well, of course they do.

And I have a file on them.

I had just returned from traveling up the Congo River for BBC and the Guardian. Singer’s enforcer indicated that Mr. Singer would prefer BBC not run a story about him – especially not with film of his suffering prey: children, cholera victims.

Like any vulture, Singer feasts when victims die. Literally. For example, Singer made a pile buying asbestos company Owens Corning out of bankruptcy. The company had concealed from its workers they would get asbestosis from handling their product.

You don’t want to die of asbestosis. Your lungs turn to mush and you drown inside yourself.

The asbestos company was forced to pay tens of thousands of its workers for their medical care and for their families after their deaths.

But then Singer used his political muscle to screw down the compensation promised to the workers. He offered them peanuts. And, dying, they took it. Like the Ice Man, Singer The Vulture used the cudgel of “tort reform” to beat the weakened workers into submission. With asbestos workers buried or bought-off cheap, Singer’s asbestos death factories were …more

We’re All Some Kind of Native Now

Greg Palast 

First printed in TruthDig as Death Came by Water First, Then Oil

It was Good Friday, 50 years ago on March 27, 1964, that according to seismologists, the snow peaks of Prince William Sound jumped 33 feet into the air and fell back down. Emergency warnings about an earthquake-spurred tsunami went out to towns from Valdez, Alaska, to Malibu, Calif., but no one thought to send a message to the Chugach Natives in Chenega, Alaska.

Chenega chief Nikolas Kompkoff watched the mountains leap and the waters around his island disappear over the horizon.

Knowing the water would return with a vengeance, he ran his four daughters up a hill toward high ground. But the nine-story-tall tsunami was moving too fast for their little legs. Kompkoff made a decision: He grabbed the two girls closest to him, tucked them under his arms and ran up the slope, leaving the other two to be seized by the wave.

Days later, a postal pilot on his weekly mail drop could not find Chenega because every single house – and a third of the residents – had been washed out to sea.

When he circled back to the site he saw the village’s church on the hill with …more

Hedge Fund Hog
Makes Mommy’s Monkey Jump

Greg Palast 

Update of story from Truthout

On Thursday, a federal jury found Mathew Martoma guilty of insider trading. Martoma, who’s only worth a hundred million or so, is small potatoes. He’s taking a fall for his boss – and his boss’ mommy – and her monkey.

Martoma’s boss is Steven A. Cohen, worth about $9 billion, who directs a criminal enterprise masquerading as a hedge fund called SAC Capital. The description of SAC as a crime scene is drawn from the findings of the jury, Securities and Exchange Commission charges and Cohen’s own confessions. While eight of Cohen’s partners-in-crime have been convicted and Martoma is about to join them in the Big House, Cohen has performed enough ju-ju on the system to keep charges filed against him personally to civil, not criminal, counts. So far.

Why would a guy who’s stuffed billions of dollars of tainted money in his pocket risk SEC charges just to get another billion? The answer: Steve needs to make his mommy’s monkey jump.

The story’s a lot of fun-and extraordinarily important, as Congress decides …more

Why are Christie and the Kochs
in my driveway?
It’s time to subpoena the Committee for Our Children’s Future

Greg Palast 

For Truthout

Far more insidious, more corrosive and dangerous than the Governor of New Jersey playing traffic warden is the story of Gov. Chris Christie’s secret meetings with a gaggle of billionaires — and the legality of the spending by the front organization set up following these hidden hugger-muggers.In 2012, a tax-exempt “social welfare organization” called Committee for Our Children’s Future, CCF, ran a series of TV ads telling America that Governor Christie has performed more miracles in New Jersey than Jesus did with loaves and fish. The New York Times found some old college chums who said they set up the “Children’s” crusade for Christie. But the ads cost about $6 million. The Times didn’t ask how Christie’s buddies, not wealthy guys, found the six big ones.

But CCF was not started in 2012. When I heard “Children’s Future,” my nose started twitching. I smelled Koch.

Get the full story of Chris Christie and his Koch addiction in the book, Billionaires & Ballot Bandits: Greg Palast investigative Karl Rove, the Koch Gang and their Buck Buddies and the film of the investigation on the DVD Vultures & Vote Rustlers.

The whiff of sulfur took me back to seven thick investigation binders nearly two decades old – each one marked “KOCH.” In Volume 3, I found it: CCF–Campaign for Our Children’s Future.

Just days before the 1996 election, “Campaign for our Children’s Future,” previously unheard of, paid for some of the most vicious …more

The Mandela Barbie

Greg Palast 

For Truthout

I can’t take it anymore. All week, I’ve watched Nelson Mandela reduced to a Barbie doll. From Fox News to the Bush family, the politicians and media mavens who body-blocked the anti-Apartheid Movement and were happy to keep Mandela behind bars, now get to dress his image up in any silly outfit they choose.

It’s more nauseating than hypocrisy and ignorance. The Mandela Barbie tells us in a squeaky little doll voice, not his own, that apartheid is now “defeated” – to quote the ridiculous headline in the Times.

Poor Mandela. When he’s not a doll, he’s a statue. He joins Martin Luther King as another bronzed monument whose use is to serve a new version of racism, Apartheid 2.0, worsening both in South Africa – and in the USA.  …more