Corporations

After Attacking Kwanzaa, WI Senator Moves on to Attacking Renewable Energy -- with Help from ALEC

Wisconsin State Senator Glenn Grothman, who made headlines in December for an unprovoked attack on Kwanzaa, has set his sights on another imagined enemy: renewable energy standards. Although Sen. Grothman's latest move is just as ridiculous as his past efforts, this one is part of a national effort backed by the American Legislative Exchange Council (ALEC) and the Heartland Institute.

Pete Peterson’s Chorus of Calamity

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.

Peterson’s Puppet Populists

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.

Pete Peterson’s “Fix the Debt” Astroturf Supergroup Detailed in New Online Resource at PetersonPyramid.org

  • Topics: Corporations
  • Madison, WI -- One of the most hypocritical corporate PR campaigns in decades is advancing inside the beltway, attempting to convince the White House, Congress, and the American people that another cataclysmic economic crisis is around the corner that will destroy our economy unless urgent action is taken. Soon this astroturf supergroup may be coming to a state near you.

    Citizens United 2.0? Supreme Court Could Further Open Door to Money in Politics

    The U.S. Supreme Court could open the door to even more money in politics than it did in the disastrous 2010 decision Citizens United v FEC as it considers a new case challenging limits on how much wealthy donors can give directly to federal candidates and political parties. If the court sides with the challengers in McCutcheon v FEC, political power and influence in America would be further concentrated in the hands of just a few wealthy donors.

    Four States Introduce Keystone XL Resolutions, Lifting Language from ALEC and TransCanada Itself

    Legislators in four states have introduced bills in recent weeks supporting the controversial TransCanada Keystone XL pipeline, with language that appears to have been lifted directly from a "model" American Legislative Exchange Council (ALEC) bill and from TransCanada's own public relations talking points.

    Exposed: Whole Foods' and the Biggest Organic Foods Distributor's Troubled Relationships with Workers

    - by Ronnie Cummins of the Organic Consumers Association and Dave Murphy of Food Democracy Now!

    The union is like having herpes. It doesn't kill you, but it's unpleasant and inconvenient, and it stops a lot of people from becoming your lover. --John Mackey, CEO of Whole Foods Market

    Press Advisory: Exposing ALEC’s Economic Agenda in the States

    Washington— On Wednesday, February 13, 2013, the Economic Policy Institute will host a media conference call on the economic policy agenda promoted by the American Legislative Exchange Council (ALEC)—an agenda that would weaken state economies, harm working families and put the interests of corporations and the most affluent households before the common good.

    What Is Visa Hiding? Majority Shareholders Thwart Effort to Require More Disclosure of Money Spent on ALEC

    A majority of Visa shareholders rejected an effort to require the company to provide more disclosure about its role in the American Legislative Exchange Council (ALEC) and related lobbying activities. Boston Common Asset Management, an investment firm focused on socially responsible investing, and the Unitarian Universalist Association of Congregations (UUA), a religious organization that affirms the inherent capacity for good in human beings, filed a resolution to require the company to disclose all payments used for lobbying purposes, including payments to groups like ALEC. In all, over 100 million votes were cast in favor of the resolution -- 37% -- but that substantial outpouring of support for greater transparency accounted for less than a majority of the votes cast by Visa shareholders.

    ALEC Has Opposed "Popular Vote" Efforts Which Would Protect Against Partisan Rigging of Electoral College

    The American Legislative Exchange Council (ALEC) has actively lobbied against state plans to implement a national popular vote for president, urging state legislators to preserve the Electoral College -- which GOP legislators are now trying to rig to ensure the the next president is a Republican. In late 2011, ALEC officially changed its policy on the Electoral College to implicitly support allocating electoral votes by congressional district.

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