MB Civic

David Dayen on FDL ..

Wall Street billionaire Pete Peterson is making his move. Today in front of a Washington-centric audience at the Newseum, and flanked by deficit peacocks Kent Conrad and Evan Bayh, he launched OweNo (my sentiments exactly), a $20 million dollar ad campaign designed to “start a discussion” about deficit reduction, and by “start a discussion” I mean “cut your retirement savings and your health care.” … This begins a Sherman’s march for the deficit hysterics, a series of reports and fearmongering culminating in the release of the cat food commission report on December 1

.. read more