Apr 03 2013
Alternet: Seriously? New York Times Calls Wall Street Front Group “Center-Left”
Some lies will not die. As I have demonstrated repeatedly, Third Way is Wall Street on the Potomac. It is funded secretly by Wall Street (it refuses to reveal its donors), it is openly run by Wall Street, and it lobbies endlessly for Wall Street. Third Way, like every Pete Peterson front group, is dedicated to shredding the safety net as its highest priority and throwing the Nation back into a gratuitous recession through self-destructive austerity.
Third Way, like other Pete Peterson front groups, supports privatizing Social Security. That is Wall Street’s greatest dream, for it would increase their revenues by hundreds of billions of dollars. Eric Laursen documented Wall Street’s effort to in his recent book: “ The People’s Pension: The Struggle to Defend Social Security Since Reagan.” Laursen describes the Third Way’s leader as a Pete Peterson protégé. Peterson is a conservative Republican billionaire made wealthy on Wall Street, who has dedicated a billion dollars of his wealth to his assault on the safety net.
I showed in these pieces how journalists and Republicans used Third Way’s “false flag” status as a self-described “ center-left” organization to add faux credibility to their arguments. The Republicans, for example, used comments by one of Third Way’s founders deriding Elizabeth Warren as the centerpiece of ads trying to defeat Elizabeth Warren in her run for the U.S. Senate. Similarly, the Washington Post’s ultra-deficit hawk, Robert J. Samuelson, used Third Way’s support of austerity as faux evidence that even liberals who studied the question realized the need to inflict austerity on the Nation.
One of my prior articles provides the finance background of every member of Third Way’s governing board – exposing the total dominance by Wall Street and finance. My goal was to make it impossible for a journalist who did, even the most perfunctory research, on Third Way to describe it as a “center-left” organization (or any analogous term).
I had not counted on the New York Times failing to clear such a tiny research hurdle. Sadly, on March 20, 2013 the New York Times gave prominent coverage to a study sponsored by Third Way, which the reporter called “a center-left policy research organization” in an article entitled “ As Men Lose Economic Ground, Clues in the Family.”
Click here for the full story.
7 Responses to “Alternet: Seriously? New York Times Calls Wall Street Front Group “Center-Left””
Thanks a bunch for sharing this with all people you really recognise what you are speaking approximately! Bookmarked. Kindly also consult with my site =). We can have a hyperlink trade contract among us!
Hello.This post was extremely fascinating, particularly since I was browsing for thoughts on this topic last week.
Hiya, I’m actually glad I have found this info. Today bloggers publish just about gossips and net and this really is actually frustrating. A excellent internet internet site with interesting content, that is what I need. Thank you for keeping this internet web site, I’ll be visiting it. Do you do newsletters? Can’t locate it.
Magnificent goods from you, man. I’ve understand your stuff previous to and you’re just too wonderful. I actually like what you have acquired here, really like what you’re saying and the way in which you say it. You make it enjoyable and you still care for to keep it sensible. I can’t wait to read much more from you. This is really a terrific web site.
Good post. I study 1 thing tougher on completely different blogs everyday. It should always be stimulating to learn content material from different writers and observe slightly one thing from their store. I’d select to make use of some with the content on my blog whether or not you don’t mind. Natually I’ll give you a link in your internet weblog. Thanks for sharing.
Loving the information on this internet site , you might have done excellent job on the weblog posts.
Fantastic beat ! I would like to apprentice while you amend your website, how can i subscribe for a blog website? The account aided me a acceptable deal. I had been tiny bit acquainted of this your broadcast offered bright clear idea