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'Vulture Capitalist' Funding Two Orgs Attacking Occupy Wall Street

paul-singer.jpgPaul Singer, a hedge fund manager who made his money by kicking nations when they're down.

A predatory hedge fund multimillionaire is a major funder of the right-wing attack machine on Occupy Wall Street. Ironically, this "Swift Vote Veterans" and "Crossroads GPS" funder was also one of the top donors in the movement to legalize gay marriage in New York (his son is gay):

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 to 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.

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You remember Betsy McCaughey, don't you? She's the right wing hack who propagated a purposely misleading article in The New Republic that was used to torpedo the Clinton health plan, and more recently the author of the "death panels" lie.

Well, Rolling Stone's Tim Dickinson has a hell of a scoop in their Oct. 1 issue in an article called "The Lie Machine: The Plot to Kill Health Care Reform":

McCaughey's lies were later debunked in a 1995 post-mortem in The Atlantic, and The New Republic recanted the piece in 2006. But what has not been reported until now is that McCaughey's writing was influenced by Phillip Morris, the world's largest tobacco company, as part of a secret campaign to scuttle Clinton's health care reform. (The measure would have been funded by a huge increase in tobacco taxes.) In an internal company memo from March 1994, the tobacco giant detailed its strategy to derail Hillarycare through an alliance with conservative think tanks, front groups and media outlets. Integral to the company's strategy, the memo observed, was an effort to "work on the development of favorable pieces" with "friendly contacts in the media." The memo, prepared by a Phillip Morris executive, mentions only one author by name:

"Worked off-the-record with Manhattan [Editor's note: At the time, McCaughey was a fellow at the Manhattan Institute] and writer Betsy McCaughey as part of the input to the three-part expose in The New Republic on what the Clinton plan means to you. The first part detailed specifics of the plan."

McCaughey did not respond to Rolling Stone's request for an interview.



(Video courtesy of Hillbilly Report)

Ohio Congressman Dennis Kucinich absolutely tore it up today on Capitol Hill. In this video he is questioning Dr. David Gratzer of the Manhattan Institute. One need only read the title of Gratzer's new book, "The Cure: How Capitalism Can Save American Healthcare" (complete with forward written by Milton Friedman) to know what side of the debate he was on.

Gratzer was there to spew lies and right wing talking points about the Canadian health care system, but Kucinich wasn't having any of it. As always, my hat goes off to Dennis! You can watch the entire CSPAN video here.