Fix the Debt financier Peter G. Peterson knows a thing or two about debt: he's an expert at creating it. Peterson founded the private equity firm Blackstone Group in 1985 with Stephen Schwarzman (who compared raising taxes to "when Hitler invaded Poland"). Private equity firms don't contribute much to the economy; they don't make cars or milk the cows. Too frequently, they buy firms to loot them. After a leveraged buyout, they can leave companies so loaded up with debt they are forced to immediately slash their workforce or employees' retirement security.
Fix the Debt is the most hypocritical corporate PR campaign in decades, an ambitious attempt to convince the country that another cataclysmic economic crisis is around the corner and that urgent action is needed. Its strategy is pure astroturf: assemble power players in business and government under an activist banner, then take the message outside the Beltway and give it the appearance of grassroots activism by manufacturing an emergency to infuse a sense of imminent crisis.
Before Gus Van Sant's latest film Promised Land even premiered, the energy industry was up in arms, gearing up to counter the film's apparent anti-fracking stance with a barrage of "community" responses (read: thinly veiled corporate PR).
For better or worse, a bill passed Congress in the wee hours of 2013 averting the much-hyped "fiscal cliff" for now and raising taxes on couples making over $450,000 and extending a lifeline of unemployment benefits to 2 million Americans.
California Proposition 37 to label foods containing genetically modified organisms (GMOs) is up for a vote on Tuesday, November 6. It enjoyed broad popular support as of September, with a USC Dornsife/Los Angeles Times poll showing support by 61 percent of registered voters. But in the two weeks following that poll, support dropped to 48 percent, according to a poll done by Pepperdine University School of Public Policy and the California Business Roundtable.
Madison, WI -- Three months after the American Legislative Exchange Council (ALEC) issued a PR statement that it was eliminating its Public Safety and Elections Task Force, which was previously led by the National Rifle Association (NRA), the NRA announced that it would still be hosting its regular annual shooting event at ALEC's summer convention, in Salt Lake City on July 28. For the past several years, on the Saturday of ALEC's annual meeting, the NRA has regularly hosted an outing for ALEC legislators and lobbyists to go shooting together -- with complimentary guns and ammo plus plenty of food and drink (this time it is a barbeque).
When it's not sailing along on government largesse -- like the $2.7 billion granted by U.S. Virgin Islands to help sell rum -- the global corporation that owns Captain Morgan flies a very different flag. It is a corporate leader of the American Legislative Exchange Council (ALEC), flying the flag of "limited government."
Two recent studies have found that so-called "Stand Your Ground" laws lead to more deaths. These findings contradict some claims made by right-wing politicians that have pushed these bills into law, such as the American Legislative Exchange Council (ALEC) and the National Rifle Association (NRA). These laws have come under increased scrutiny since Florida's "Stand Your Ground" law was initially cited to protect Trayvon Martin's killer, George Zimmerman.
Tucker Carlson's website, the "Daily Caller," recently posted a story claiming that a Florida state legislator had rebutted a purported claim by the Center for Media and Democracy (CMD) that the American Legislative Exchange Council (ALEC) "drafted" Florida's "Stand Your Ground" (SYG)/"Castle Doctrine" law.
On June 12, Wisconsin Governor Scott Walker held the "Beer and Brat Summit," touted as an effort to bring lawmakers from both parties together, although some lawmakers from both sides of the aisle found reasons not to attend this PR event. Brats are a Wisconsin tradition but even they have become politicized over the past year with one of the major brat makers financially backing Walker's political campaign.
Walker's PR Plan to Use Beer and Brats
Ninety-eight state lawmakers -- 60 Republicans, 37 Democrats and one independent -- said they planned to attend the event, which offered a spread of beer, brats, and other specialties from the Dairy State.