Latest News and Comment from Education

Monday, October 7, 2013

Schooling in the Ownership Society: 'Vulture-Fund Billionaire' Paul Singer is big charter backer

Schooling in the Ownership Society: 'Vulture-Fund Billionaire' Paul Singer is big charter backer:

'Vulture-Fund Billionaire' Paul Singer is big charter backer

Mother Jones overturns a rock and shines a light on neo-con "vulture-fund billionaire" Paul Singer, who has become congressional Republicans' most powerful fundraiser. He's been described as a "fundraising terrorist" for his persistence in twisting arms, a skill that has helped drive a major strategic shift among Big Finance donors, who favored Obama in 2008 but now overwhelmingly back the GOP. Recently, Singer has given sizable sums to the billionaire Koch brothers' dark-money projects as well as to the Club for Growth, an anti-tax group that has helped tea partiers oust several mainstream Republicans.

Investigative Journalist Greg Palast uncovered debt manipulation by Singer, who he deems "Vulture Singer." Palast writes that Singer's "modus operandi" is to find some forgotten tiny debt owed by a very poor nation (Peru and Congo are given