Jump to full article: ZNet (Z Magazine), 2009-12-26
Author: Dean Baker Source: Truthout
Intro: Millions of people around the country have been treated to the anti-debt ads run by one-time tobacco industry lobbyist Richard Berman. Mr. Berman, who has also worked to thwart minimum wage increases and managed to get on the opposite side of Mothers Against Drunk Driving, is now working alongside the Wall Street types who wrecked the economy.
Wall Streeters, like billionaire fund manager Peter Peterson, want to use the government debt burden created by the collapse of their credit bubble as an excuse to slash Social Security and Medicare. Therefore television viewers are being treated to an expensive ad campaign telling us that "debt stinks." . . .
That may not sound fair, but what else should we expect from the tobacco lobbyist/Wall Street gang?
So watch carefully for these folks. They have lots of money and they are prepared to use it to buy influence in Congress.
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