In a response to the Financial Crisis Inquiry Commission releasing its final report on the financial crisis today, the U.S. Chamber of Commerce pitched a classic hissy fit calling the report an "abuse of the process" that would create "more job-killing lawsuits." (So much for the new tone in Washington.)
Word is beginning to leak out about the contents of the Financial Crisis Inquiry Commission's (FCIC) final report, a 576-page official analysis of the causes of the crisis. The Commission, which got off to a slow and rocky start, managed to hold 19 days of hearings and interviewed 700 witnesses. According to the New York Times, the report puts blame where blame is due, on reckless Wall Street gambling, but also on the colossal failure of government.
It is a known fact that money taints every aspect of American politics, and most prominently, elections. The Raw Story reports that sometimes you actually don't have to pay to play, or at least that if you pay enough, sometimes the favor is returned.
Being on the Fox News payroll has its advantages. Not only did five potential Republican candidates get regular paychecks from the network last year, but they also got something even more valuable: airtime. Former Arkansas Governor Mike Huckabee appeared for almost 48 hours. Former Alaska Governor Sarah Palin had nearly 14 hours of appearances. Former House Speaker Newt Gingrich was given close to 12 hours. Former senator from Pennsylvania Rick Santorum and former UN Ambassador under George W. Bush John Bolton both received about six hours.
The film put the harms associated with natural gas drilling in the Marcellus Shale in the national limelight and begat a propaganda campaign by Energy in Depth (EID). EID, for those who have not heard of it, is a pro-oil-and-gas drilling industry front group formed by the American Petroleum Institute.
Like their "Debunking Gasland" campaign, thoroughly debunked by Kevin Grandia of DeSmogBlog as an absurd misinformation campaign, EID is at it again, this time in the form of an idiotic smear campaign.
If you want to know how things really get done in Washington -- or don't get done, depending on the desires of America's corporate executives -- all you have to do is read a couple of paragraphs in a January 23 story in the Philadelphia Inquirer.
Reporter Joe DiStefano quotes a vice president at APCO Worldwide -- one of DC's most powerful and influential PR firms -- in response to questions about my book, Deadly Spin. Throughout the book, I disclose the previously secretive work APCO did for the health insurance industry to manipulate public opinion on health care reform, in part by trying to scare people away from a movie, Michael Moore's 2007 documentary "Sicko".
The surprising gem in the Inquirer piece was that APCO VP Bill Pierce essentially agreed with me. He acknowledged that interest-funded pressure groups "are all over the place" in Washington. "That's how everybody exists here," Pierce said.
The answer is when it is home-grown.
The mainstream media largely ignored a story about an especially sophisticated and deadly backpack bomb found along a Martin Luther King Day parade route in Spokane, Washington last week, barely covering it beyond an initial mention. The device drew special attention from some news outlets because it contained shrapnel, was equipped with a remotely-controlled detonator, was "directional" (meaning aimed toward the parade route) and in the FBI's words, was "capable of inflicting multiple casualties." The major media barely mentioned the incident, and the lack of follow-up stories on it is even more deafening now that the FBI has concluded that the connection between this incident and racism is "inescapable."
The Center for Media and Democracy needs a talented writer/reporter/researcher to join our team, with a particular focus on cutting edge environmental, food, and agricultural issues.
January 21, 2011 marks the first anniversary of the U.S. Supreme Court’s Citizens United decision that expanded corporate power over our elections and our policies by asserting federal laws cannot limit corporate "speech." The capacity of the richest Wall Street firms in America to almost dictate election results by spending overwhelming sums to distort public opinion and then distort public policy is a real threat to the American dream and ideal of democracy.
Recently the use of the political phrase "dog whistle" came to my attention while listening to the Sunday morning political talk shows. According to Wikipedia, "Dog-whistle politics" refers to political speechmaking or campaigning that uses coded language to signify one thing to the general public, while also signifying a different and more specific meaning to a targeted subgroup of the audience. The analogy is a reference to dog whistles, which emit an extremely high-frequency pitch that only dogs can hear, and humans can't. Political "dog-whistling" as a tactic of public persuasion can take a variety of forms.
Two years after a catastrophic financial collapse and six months after the passage of a Wall Street reform bill, astonishing tales of volatility in the market are all too common. If you think inexplicable flash crashes are worrisome, brace yourself for the next big financial "innovation" –- Twitter Trading.
On Monday, January 17, over one hundred brave souls trudged through several inches of Wisconsin snow to see Wendell Potter, Center for Media and Democracy's (CMD) Senior Fellow on Health Care, visit Madison's Goodman Community Center as part of his cross-country tour signing Deadly Spin: An insurance company insider speaks out on how corporate PR is killing health care and deceiving Americans.
WikiLeaks founder Julian Assange is promising to unleash a cache of secret documents from the hard drive of a U.S. megabank executive. In 2009, he told Computer World that the bank was Bank of America (BofA). In 2010 he told Forbes that the information was significant enough to "take down a bank or two," but that he needed time to lay out the information in a more user-friendly format.
Recent new reports suggest that BofA is now moving into high gear on damage control, creating a "war room" and buying up hundreds of derogatory Internet domain names including BankofAmericaSucks.com and BrianMoynihanblows.com (referring to BofA's Chief Executive Officer).
Before the big banks start calling for Assange's internment at Guantanamo, the question worth considering is what does Wikileaks have on America's largest bank?
Advocates of health care reform who are fearful -- or hopeful, as the case may be -- that Republicans will be able to repeal the Patient Protection and Affordable Care Act (aka "Obamacare") need to understand that the GOP has no real intention of repealing it.
The rhetoric of repeal is just a smoke screen to obscure the real objective of the “repeal and replace” caucus: to preserve the sections of the law that big insurance and its business allies like and strip out the regulations and consumer protections they don’t like.
CMD's Wendell Potter will be at the Goodman Community Center in our hometown, Madison, WI, Monday to sign his new book Deadly Spin: An insurance company insider speaks out on how corporate PR is killing health care and deceiving Americans. Wendell was just recognized by the Nation Magazine as "the most valuable author of the year" on the Nation's Progressive Honor Roll.
Since Wendell Potter walked away from his executive position at a top health insurance company in May of 2008, he has worked tirelessly as an outspoken critic of corporate PR and the distortion and fear manufactured by America’s health insurance industry. Time magazine wrote that Potter "may be the ideal whistleblower."
Keith Olbermann recently interviewed Wendell about the industry's effort to discredit Michael Moore's documentary "Sicko" and Deadly Spin has been reviewed in countless journals, most recently in a moving article in the New York Times.
Join us Monday night!
7:00 PM CST
The Goodman Community Center
149 Waubesa Street
(off of Milwaukee Street on Madison’s East Side)
Madison, WI 53704
Wendell Potter, author of "Deadly Spin," told a capacity crowd of 200 in New York last night that backers of a single-payer health plan must adopt the techniques and strategies of the opponents of such a plan.
Potter, speaking to Physicians for a National Health Plan (PNHP) at the Murphy Institute for Education and Labor Studies, said the PNHP must seek allies, get "others" to tell their story, use appeals to basic emotions, and create memorable slogans.
"Special interests have kicked your butt with the skillful use of language," he said. They have been able to "demonize" single-payer, he added.
Politicians, he said, are not going to support such a health plan unless their constituents are in favor of it, he said. He faulted the single-payers for lacking a "long term strategic plan," something that he said the healthcare insurance industry excels at.
Jesse Kelly, a former Marine, Iraq war veteran and Gabrielle Giffords' Republican opponent in last November's election, ran a campaign that used gun imagery as its main eye-catching visual. Several of Kelly's campaign ads show him brandishing an M-16 automatic rifle with the slogan, "Send a Warrior to Congress." A print ad for one of his fundraising events reads, "Sat., 6/12/10, 10:00 AM - Get on Target for Victory in November Help remove Gabrielle Giffords from office Shoot a fully automatic M16 with Jesse Kelly." Kelly's spokesman, John Ellinwood, naivley claims he doesn't see any connection between promoting fundraisers featuring weapons and the public shootings in Tucson.
The Rite Aid drug store chain announced that it is once again teaming with the American Heart Association (AHA) to promote AHA's "Go Red for Women" campaign. Rite Aid collects donations of one dollar or more from customers in exchange for little red paper dresses that contain detachable coupons for merchandise. Rite Aid issued a press release touting the campaign and their free "heart health guide" that contains advice on how to prevent heart disease. Absent from the promotion and the press release, and kept quiet by AHA, is the fact that Rite Aid contributes mightily to causing heart disease in women by selling cigarettes.
Today, with unemployment in almost the double digits and foreclosure unabated, President Obama decided that America needed more of the same. The President announced the appointment of JPMorgan Executive William M. Daley as White House Chief of Staff, replacing Rahm Emanuel. Tomorrow, news reports indicate that he will announce that Goldman Sachs adviser Gene B. Sperling will be appointed head of the National Economic Council, replacing Larry Summers.
About Daley the Center for Public Integrity reports:
At JPMorgan, Daley’s portfolio has included supervising government lobbying for a bank with $2 trillion in assets that has fought efforts to limit the size of megabanks. Daley co-chaired a U.S. Chamber of Commerce commission that urged the federal government to revise the 2002 Sarbanes-Oxley corporate reform law and protect corporate auditors from lawsuits and investigations.
In 2007, Los Angeles transplant surgeon Pauline Chen., M.D. found herself riveted by the case of Nataline Sarkisian, a 17 year old girl desperately in need of a liver transplant. Nataline suffered from recurrent leukemia that required aggressive medical treatment, but the treatment, while successful, had made her liver fail. Doctors recommended a liver transplant, saying it would give Nataline a 65 percent chance of living. Without the transplant, though her death was certain. Shortly after doctors put Nataline's name on the transplant list, a perfectly-suited liver became available, but then her survival was no longer dependent on her doctors, the hospital or even the new liver that awaited her. It depended upon her health insurer, CIGNA, which denied Nataline's doctors' request to perform the transplant.
A recent Spin of the Day item on PRWatch says that Bank of America bought up hundreds of derogatory Internet domain names related to their business, like BankofAmericaSucks.com and BrianMoynihanBlows.com (referring to BofA's CEO). Purchasing derogatory domain names is a quiet but common corporate strategy to try to minimize or contain bad PR.