-Caveat Lector-
Begin forwarded message:
From: [EMAIL PROTECTED]
Date: June 20, 2007 11:23:46 AM PDT
To: [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED]
Subject: Fwd: Randi Rhodes and Greg Palast Hunt Giuliani's Favorite
Vulture
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From: Greg Palast <[EMAIL PROTECTED]>
Date: June 20, 2007 10:37:18 AM PDT
To: [EMAIL PROTECTED]
Subject: Randi Rhodes and Greg Palast Hunt Giuliani's Favorite Vulture
Reply-To: [EMAIL PROTECTED]
Randi Rhodes and Greg Palast Hunt Giuliani's Favorite Vulture
by Greg Palast
June 20, 2006
"Can't he make a living in a more reputable, less disgusting way,
say, in child pornography?"
Randi Rhodes is asking you, Mr. Singer. And we're still waiting
for the answer. [To hear the Palast/Rhodes report, click here.]
Paul Singer is a vulture. And a billionaire. And, with his
underlings at Elliott Associates, the number one sugar-daddy donor
to the presidential campaign of Rudy Giuliani, dropping $168,400 so
far and, according to secret campaign documents, committed to raise
$10 million for Rudolf the Great, Emperor of 9/11.
So who is this bird of prey Singer who holds Rudy in his beak?
Unlike feathered predators, Singer preys on the living. Singer
figured out a way to siphon off funds intended for debt relief to
some of the poorest countries in the world. Nice guy.
And by the way, I didn't come up with the moniker "vulture." Just
about everyone, from the new Prime Minister of Britain to the World
Bank, calls Singer and his ilk "vultures."
Here's how a vulture operation works. The vulture fund buys up the
debt of poor nations cheaply when it is about to be written off and
then sue for the full value of the debt plus interest -- sometimes
more than ten times what they paid for it. Singer, for example,
paid just $10 million for Congo Brazzaville's debt and is now suing
for over $400 million.
Singer knew he'd turn a 1000%-plus profit on his $10 million
investment with George Bush's help.
* * * * * * * * * * * * * * *
Help support the Palast Team's investigations, including
their research on 'Vultures' by making a tax deductible
donation to the Palast Investigative Fund today.
* * * * * * * * * * * * * * *
Bush convinced the US Congress to forgive the money Congo owes the
US taxpayer, but once the US taxpayer forgives Congo's debt, the
vulture, Singer, swoops in with lawyers to claim, "Congo now has
the money to pay ME."
But wait a minute - the debt money given up by US taxpayers wasn't
supposed to go to Rudy's predator Singer. In fact, the US
Constitution provides power to the President to stop vultures from
suing a foreign country in a US court if the President states such
a private lawsuit interferes with America's foreign policy.
Singer, by suing Congo for the taxpayer money meant for debt relief
and medicine, is interfering with US foreign policy. Yet Bush has
done nothing.
While the President has made big speeches about debt relief for
Africa and has even had his picture taken with a Bono, he won't get
in the way of Singer's talons. One wonders if the President is
influenced by Mr. Singer's strong support for debt relief, that is,
debt relief for the Republican Party. The world's top vulture has
become top donor to the GOP in New York.
Singer's not alone. He's joined in tearing at the flesh of the
Congo's poor by a Washington operator named Michael Francis
Sheehan. Sheehan is also known as "Goldfinger."
Besides joining Singer in attacking Congo, Goldfinger has also
taken a piece of the debt relief earmarked for AIDS medicine for
Zambia. Goldfinger paid $4 million for the right to collect on
Zambia's debt - and just won $22 million from Zambia in a UK court,
half that nation's debt relief. Goldfinger was able to seize that
money because, he boasts in an email, he secretly paid $2 million
to the "favorite charity" of Zambia's president. (That former
President, Frederick Chiluba, is now under arrest for taking
bribes ... but Goldfinger can still collect his pound of flesh.)
Want to hear more about Rudy's and George's favorite financial
predators? About Chiluba's taste in shoes (he spent one million
dollars in a single shop)? About Goldfinger and the man who hold
the mortgage on President Giuliani? Go here and listen up: Greg
Palast with Randi Rhodes - hunting the Vultures.
Greg Palast is the author of the New York Times bestseller, ARMED
MADHOUSE: From Baghdad to New Orleans -- Sordid Secrets and
Strange Tales of a White House Gone Wild. Palast and his team are
investigating the 'Vultures' for BBC Television Newsnight.
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