Michael Hiltzik: Unmasking the most influential billionaire in U.S. politics – Pete Peterson

Hiltzik in the LA Times ..

Peterson doesn’t attract venom from the left like the Koch family or bile from the right like Soros. In Washington, he’s treated with sedulous respect as a serious thinker about public policy willing to support earnest public discussion with cold cash. His money backs a large number of think tanks across the political spectrum; he has started a news outlet churning out articles about fiscal matters and is funding a high school curriculum aimed, according to its creators at Columbia University, at “teaching kids about the national debt.” Peterson’s views are subtly infiltrating the Washington debate — which is why Americans should start getting worried about him. He isn’t content merely to express concern about the federal deficit. His particular targets are Social Security, Medicare and Medicaid, which he calls “entitlement” programs and which he wants to cut back in a manner that would strike deeply at the middle class

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