The Presidential Daily Brief

intriguing

  1. Are the World’s Poor Funding a Billionaire’s Gay Rights Campaign?

    The Human Rights Campaign, America’s largest gay rights organization, has $3 million to promote gay marriage and other initiatives in the developing world. But the money is largely provided by hedge fund billionaire Paul Singer, the “inventor” of the vulture funds that buy up developing countries’ debt and extract millions in interest and concessions, often at the expense of the poorest citizens. Many are now accusing the capitalist of prioritizing LGBT rights over basic human needs, and giving to the world’s poor with one hand while taking away with the other — with interest.

    Sources: Paper Bird, NYT

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