Featured Work
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by Mary Bottari
Headlines blared that Senate Banking Chair Chris Dodd was done with dithering, and ready to move ahead with a financial reform package without Republican support. Financial reform groups should be celebrating this as a positive move that would roll back some of the worst elements of the bill inserted during recent bipartisan negotiations, including the nutty effort to put the Consumer Financial Protection Agency (CFPA) into the Federal Reserve -- an institution about as popular as the IRS.
Hold the champagne. Reading between the lines, it seems that negotiations are continuing behind the scenes and ranking Republican Senator Richard Shelby (R-AL) says “an agreement is still very possible.” The little spat between Dodd and the Republicans has been beneficial, though, because it flushed out more details about the points of agreement and contention. Read more here.
There is still time to call or email your Senators and tell them "Support financial reform that holds the big Wall Street banks accountable. Shrink the 'too big to fail' banks, close the loopholes to make sure that 100% of derivatives are traded on an open exchange, and create a strong, independent Consumer Financial Protection Agency (CFPA). And don't bury the CFPA in the basement of the U.S. Treasury Department."
From now until March 31, you can call the Senate toll free at 1-866-544-7573 between the hours of 9 a.m.-5 p.m. EST. The toll-free number, provided by our friends at Service Employees International Union (SEIU), will ask you to dial-in your zip code. You will automatically be connected to your Senators' office. Or you can go to BanksterUSA.org to email your Senator.
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Recent blogs from CMD
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After the Supreme Court declared that corporations have the same rights as individuals when it comes to funding political campaigns, the self-described progressive firm, Murray Hill, Inc., took what it considers the next logical step: running for office in Maryland’s 8th Congressional District. The corporate candidate has its own Web site, Facebook page (with nearly 6,000 fans), and an online ad on YouTube that has drawn more than 187,000 hits. The video ends with an inspiring call to action: “Vote for Murray Hill Incorporated — the best democracy money can buy.” Read more here.
- Texas Spins History, Again, by Lisa Graves. In a straight party-line vote, ten people on the Texas "Board of Education" voted Friday to change history textbooks to advance right-wing ideological positions on historical matters (the five members of the other party voted against the measures as a whole). Because Texas is one of the most populous states in the union, the contents that it requires in its history books will affect the quality of historical education students receive in other states. (Hawai'i, for example, lacks the population leverage to push for a laid-back island view of history.)
In all, the Board has passed over 100 amendments to the curriculum since the beginning of the year. According to the New York Times, "no historians, sociologists or economists" were consulted during the Board's meetings on these right-wing changes, which were spearheaded by board member and dentist Don McLeroy, who claimed expertise in a host of serious educational matters not involving tooth decay. Read more here.
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In the news from CMD
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- Corporations Spend Millions to Sway Democrats As the year-long fight over health care reform draws to a close, corporations are once again pouring big money into influencing the debate. The U.S. Chamber of Commerce has already spent $11 million just this month to try and get 27 Democrats who supported the health care bill last year to oppose it. Pharmaceutical companies have bought $12 million worth of advertising to try and defeat the measure. The total amount of money being aimed at swing Democrats during this round of lobbying could total $30 million before week's end. The corporate front group Americans for Prosperity, financed by the billionaire conservative oil man David Koch, has also jumped into the fray, funding an anti-reform ad campaign that cost nearly $1 million. As several on-the-fence Democrats try to sort out their constituents' feelings towards the bill, the lobbying is becoming deafening.
- For-Profit Schools Leading Students into Debt Ads for private, for-profit colleges and trade schools like the University of Phoenix, ITT Tech and Corinthian Colleges, Inc., lure students by leading them to believe that after graduation, they will land well-paying jobs that will help them get to a solid middle-class life. But graduates often end up seeing more bills than paychecks as they struggle to pay back massive student loans -- often at double-digit interest rates --after landing low-income jobs.
A two-year associates degree at ITT Technical Institute, for example, costs around $40,000. The schools derive the bulk of their revenue from federal loans and grants, and the percentages have been climbing rapidly. The Apollo Group, which owns the University of Phoenix, derives 86 percent of it revenue from federal student aid sources, up from 69 percent two years earlier. Critics argue that these institutions profit at taxpayer expense while delivering questionable benefits to students. The Obama administration has floated a proposal to protect students from predatory practices by barring for-profit schools from loading them up with more debt that is justified by the salaries of the jobs they would likely pursue. The proposal has sparked fierce lobbying from the for-profit educational industry, which is pushing to maintain the status quo.
- Fake Newscast About Russian Invasion Sparks Panic
A pro-government television station in the former Soviet Republic of Georgia broadcast a fake, half-hour news report depicting a Russian military invasion of the country, sending fear and panic throughout Georgian citizens. The station called the broadcast a "simulation" of what a new invasion might look like. In August, 2008 Russian tanks, troops and armored vehicles invaded Georgia after Georgian troops attacked pro-Russian separatists in the breakaway republic of South Ossetia. The fake news show used footage of Georgians fleeing that 2008 conflict, and sound bites from Russian presidents Dmitry Medvedev and Prime Minister Vladimir Putin. Throughout the broadcast, a news anchor provided "updates" saying Russian forces had bombed a military base and an airport in the Georgian capital of Tbilisi, and reported on the number of deaths. The broadcast ended with a note that the events were not real, but the station did not run any on-screen notes during the rest of the show to make viewers aware that what they were watching wasn't real. Two hours after the show, the TV station ran an apology.
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Editor's pick of the week
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The Campaign for a Commercial-Free Childhood is a small advocacy group that last fall successfully got the Disney Company to offer full refunds to people who had purchased the company's "Baby Einstein" videos. The videos were supposed to make very young children into geniuses, but research found that Baby Einstein videos not only failed to make babies smarter, they actually delayed language development in toddlers. Kids who watched the videos learned fewer words than babies who never watched them. In 2006, the Campaign complained to the Federal Trade Commission about Disney's educational claims about the videos. Disney then dropped the word "educational" from their marketing materials for the videos, but that wasn't enough. Lawyers threatened a class-action lawsuit for deceptive practices unless Disney agreed to refund the purchase price to everyone who had bought the videos. Disney finally agreed to the refund -- calling it an "enhanced consumer satisfaction guarantee" -- without mentioning the product's defect or the lawyers' demands. After the New York Times announced the refunds, Disney contacted officials at the mental health facility that housed the Campaign's headquarters, and pressured them to evict the Campaign. The message? The group should not advocate against corporations, even though advocacy is a core responsibility of the 1963 law that provides federal financing for community mental health centers.
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Popular Articles over the Past Week
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SourceWatch's article on Existing U.S. Coal_Plants is the top article, followed by the profile of Xe, the private security company former known as Blackwater. An article on the Bilderberg Group, "an informal secretive transatlantic council of key decision makers," has moved up to number three on the list of most popular articles. The article on Propaganda techniques follows close behind. The articles on Think tanks and Global warming skeptics are also among SourceWatch's top ten most popular articles.
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Projects for citizen editors
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What in the heck is the Coffee Party ?
All of a sudden a new political group has sprung up called the "Coffee Party." Help us figure out what this party is about, what it represents, and what kind of things it's up to. By the way, does it have an address? A contact person? Who created it? Help us out!
* Here's How you can Help:
Help us add to SourceWatch's new article on the Coffee Party, to reflect the latest information the group. Please cite published, authoritative sources for information you ad. If this is your first time editing on SourceWatch, you can register here, and learn more about adding information here, here, and here. Hold onto your hat, have fun, and thanks for your help!
If you would like to help in other ways, please take a look at some of our earlier citizen journalism projects here.
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What they're saying about SourceWatch
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"The folks at the Center for Media and Democracy have done incredible work documenting fake grassroots ("astroturf") groups. Here, they're helping protects the rights of all Americans to exercise their right to vote. They are completely non-partisan. These guys are the real deal." Craig Newmark, Craig's List
"A truly impressive project based on cutting edge web technology." David Korten, author of When Corporations Rule the World and The Great Turning: From Empire to Earth Community.
"The troublemakers at the Center for Media and Democracy, for example, point to dozens of examples of "greenwashing," which they defined as the "unjustified appropriation of environmental virtue by a company, an industry, a government or even a non-government organization to sell a product, a policy" or rehabilitate an image. In the center's view, many enterprises labeled green don't deserve the name.—Jack Shafer, "Green Is the New Yellow: On the excesses of 'green' journalism", Slate, July 6, 2007.
"As a journalist frequently on the receiving end of various PR campaigns, some of them based on disinformation, others front groups for undisclosed interests, [CMD's SourceWatch] is an invaluable resource."—Michael Pollan author of The Botany of Desire
"Thanks for all your help. There's no way I could have done my piece on big PR and global warming without the CMD [Center for Media and Democracy] and your fabulous websites."—Zoe Cormier, journalist, Canada
"The dearth of information on the [U.S.] government [lobbying] disclosure forms about the other business-backed coalitions comes in stark contrast to the data about them culled from media reports, websites, press releases and Internal Revenue Service documents and posted by SourceWatch, a website that tracks advocacy groups." Jeanne Cummings, 'New disclosure reports lack clarity", Politico, April 29, 2008.
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Additional stories from CMD
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The U.S. media told the public for weeks that a big, offensive battle was taking place in Marja, in Afghanistan, a "city of 80,000 people." The description gave the impression that the U.S. presence in Marja was a major strategic objective, and that the city was more important than other district centers in the province. But the picture the military painted of Marja and duly reported by a pliant news media was one of the most dramatic pieces of misinformation so far in the entire war, aimed at hyping the offensive as a big turning point in the conflict. In truth, Marja is not a city or even a town, but either a few groups of farmers' homes or a large farming area encompassing much of the southern Helmand River Valley. The sparsley populated area is completely rural, with no incorporated city or town. The fiction that Marja was a city of 80,000 got
started at a briefing given by officials on February 2 at the U.S. Marine base called Camp Leatherneck. On February 22, the Washington Post reported that the decision to launch the big offensive against Marja was intended largely to impress U.S. public opinion with the military's effectiveness in Afghanistan by showing that it could achieve a "large and loud victory." The false idea that Marja was a significantly large city center was an essential part of that message.
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