Tag: vultures

Why Trump’s New Hedge Fund BFFs
Are Hedging Their Bets

Greg Palast 

by Greg Palast with Dennis J Bernstein

US Capitol For Sale (Washington, DC)
With Trump being an unpredictable wild card in this year’s election race, his cabal of new billionaire hedge fund buddies are hedging their bets by buying Congress and the Senate, so no matter which blonde gets into office, they can be sure that their interests are taken care of. To do this, in some key swing states, they’re spending millions betting against a Trump White House. In this week’s Best Democracy Money Can Buy: Election Crimes Bulletin, Flashpoints’ Dennis J. Bernstein and investigative reporter Greg Palast discuss the special needs of these mega-rich vote-manipulating vultures and the specifics of what they hope to get in return for their election-rigging investments.

TRANSCRIPT (Originally broadcast on Aug 17, 2016)

Dennis J. Bernstein: It looks like Big Don is in trouble, but now the billionaires are turning their attention to Congress. They’re going to need to buy Congress and the Senate for a number of reasons. And that’s what we’re going to talk about today… Let’s start with carried interest. What’s that?

Greg Palast: Carried interest. Where do you carry your interest?

DB: I don’t have any.

Palast: What are you interested in? Carried interest is simply known as the billionaires’ hedge fund loophole. It’s really complex, but it has to do with the rate at which hedge fund guys pay taxes — or don’t pay taxes. If you and I go to work and …more

Obama Lands in Argentina –
Palast on Loud & Clear Radio

Greg Palast 

Screen Shot 2016-03-23 at 1.47.17 PMToday, President Barack Obama travelled to Argentina to speak with the country’s new President Mauricio Macri.

Marci just concluded a deal paying off US vulture fund operator Paul Singer, a $2.5 billion pay-out which the Argentine government described as “extortion.”

The story of Argentina versus Singer, aka The Vulture, looms hugely over the US Presidential election. As Secretary of State, Hillary Clinton attempted to prevent Singer from collecting this “extortion” pay-off from Argentina. Singer, the top donor to the Republican Party, is fuming.

To get the story, listen to Greg Palast on Loud & Clear, …more

Palast On Democracy Now!
Vultures Nest in GOP

Greg Palast 

Greg Palast on with Amy Goodman’s Democracy Now!

[Greg Palast has investigated Paul “The Vulture” Singer for BBC TV and The Guardian for the last 9 years.]

Paul Singer, known as The Vulture, won a $4.65 billion payment from Argentina — nearly ONE HUNDRED TIMES his “investment” of $50 million in old Argentina bonds. It was, in finance speak, the most successful “vulture attack” ever.

Read more about the vultures here:
Rubio’s Billionaire wins ransom from Argentina

Support the film The Best Democracy Money Can Buy that tells the full story behind who’s stealing this election.

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Rubio’s Billionaire wins ransom
from Argentina

Greg Palast 

[Greg Palast has investigated Paul “The Vulture” Singer for BBC TV and The Guardian for the last 9 years.]

Paul Singer, known as The Vulture, won a $4.65 billion payment from Argentina — nearly ONE HUNDRED TIMES his “investment” of $50 million in old Argentina bonds.  It was, in finance speak, the most successful “vulture attack” ever.Singer’s actions are outlawed in most of the civilized world. Hillary Clinton, as Secretary of State, attempted to stop Singer’s predatory act, but Singer did a brilliant end-run:  he used his cash to help elect a new President in Argentina that would jump to his tune and pay him billions.

Now, he’s attempting to do the same to the USA:  pick a president for us who will feather his vulture’s nest.  He’s the number one donor sugar daddy for Marco Rubio’s candidacy [See, “Who Hatched Rubio“].  Singer is also the big bankroller of Karl Rove, to make sure that, even if he can’t sell Rubio to the GOP base, at least The Vulture can use “Turdblossom” Rove to ensure that Hillary won’t become President and put him out the of vulture business.

Rubio, in fact, skirted some ethical lines in his attempts to pressure the State Department to side with his corpse-chewing donor against Argentina.

As I’ve said, Singer directs his fellow billionaires’ investments in candidates.  So, it is not surprising to see The Koch’s lend their top …more

The Rubio/Romney Vulture Connection

Greg Palast 

HuffPo reports that former Republican Presidential nominee Mitt Romney will endorse Senator Marco Rubio. Why? The answer is: the financier known as The Vulture, Paul Singer—donor Number One to the GOP—and top sugar daddy to the Rubio campaign.

Back in 2012, we broke The Nation cover story exposing how Singer, Mitt Romney’s finance chair, secretly stuffed the “blind trust” of Ann Romney with up to $115 million.  For $115 million, a politician will wash your car — with his tongue.  So, of course, Mrs. Romney’s husband will endorse the Vulture’s choice. Blind trust=blind endorsement.

Download Vultures and Vote Rustlers,  the film of Romney’s folly and other Palast team investigations, our best for BBC and Democracy Now! (Or get a signed copy of the DVD!)

More to come on Singer candidate shopping spree in our upcoming movie: The Best Democracy Money Can Buy.

You can read more about the Vultures here:

Who Hatched Rubio?

BBC America: Palast Hunts the Vultures

* * * * *

In 2016 Greg Palast will be releasing his new feature film The Best Democracy Money Can Buy—A Tale of Billionaires and Ballot Bandits, which includes his award-winning investigation Jim Crow Returns.

Greg Palast is the author of several New York Times bestsellers including The Best Democracy Money Can Buy and Billionaires & Ballot Bandits, Armed Madhouse and the highly acclaimed Vultures’ Picnic.

Make a tax-deductible donation and support our ongoing investigation into voter suppression.

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www.GregPalast.com

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.

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‘We’re All Some Kind of Native Now’

Greg Palast 

By 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

Judge calls Chevron vs Ecuador Case
“Egregious Fraud”

Greg Palast 

A federal judge in New York today slapped a stern order on attorney Steven Donziger and the Ecuadorean villagers he claims to represent, prohibiting them from capitalizing on a $9 billion judgment the judge said was the product of “egregious fraud.”

The judge is completely, utterly full of shit, here’s the real story.

Chevron Runs from Judgment in Ecuador

Also watch Palast’s report from the Amazon for BBC , War Paint and Lawyers: Rainforest Indians versus Big Oil on the DVD Palast Investigates: From 8-Mile to the Amazon. Get the signed DVD or Download it for FREE.

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