Lady Gaga is raising eyebrows with her latest racy music video, Telephone, but this time it's not because of the overt sexuality, the wacky costumes or even the fact that her co-star is Beyonce'. What's grabbing attention is the video's flagrant product placement.
A group called the Committee for Truth in Politics (CTP) is running ads in selected states opposing the "Wall Street Reform and Consumer Protection Act," which would overhaul the country's financial sector, more tightly regulate consumer financial products like home mortgages, car loans and credit cards, and help prevent another Wall Street meltdown.
The Federal Reserve Bank is on the hot seat for failing to protect consumers from unscrupulous mortgage lenders, failing to predict or prevent the financial crisis, and its involvement in the multi-billion-dollar, 2008 taxpayer-funded bailouts, making this a great time to run an ad campaign to try and burnish its image.
TPM Muckraker has exposed the fact that Newsweek is teaming up with the American Petroleum Institute (API) to host a "briefing" for Members of Congress on climate and energy policy.
To "move the spotlight off the unpopular commercial banks and mortgage lenders that are the target of the legislation," the U.S. Chamber of Commerce is claiming that the proposed Consumer Financial Protection Agency will hurt butchers. "The economy has made it tough on this local butcher's customers," reads the Chamber's latest ad.
Tar sands oil, "which is mined and boiled off instead of pumped out of the ground, is some of the dirtiest petroleum on Earth," with three times the greenhouse gas emissions of conventional oil. Yet the Consumer Energy Alliance recently launched an ad campaign supporting tar sands oil.