iOS app Android app

Pete Peterson

Ben Walsh

What CEOs Really Want When They Complain About 'Uncertainty'

HuffingtonPost.com | Ben Walsh | Posted 12.05.2014 | Business

Congress is back in session and corporate America’s favorite excuse is back in action.

Jerry Brown in Total Command for Term 4 Five Weeks Out

William Bradley | Posted 09.30.2014 | Politics
William Bradley

Despite Obama's slumping popularity, all that remains in question is the final margin of victory, the outcome of key initiatives important to Brown's future plans, the size of Democratic majorities in the state Senate and Assembly, and whether there will be another Democratic sweep of all statewide offices.

Paul Blumenthal

Leaked Memo Tells Senate Candidate To Spend 80 Percent Of Her Time Raising Money

HuffingtonPost.com | Paul Blumenthal | Posted 07.29.2014 | Politics

WASHINGTON -- A campaign strategy memo prepared for Georgia Democratic Senate candidate Michelle Nunn last year and leaked online on Monday reveals fa...

Zach Carter

Austerity Fetishists Are Finally Giving Up

HuffingtonPost.com | Zach Carter | Posted 05.15.2014 | Politics

WASHINGTON -- American deficit hawks gathered in the nation's capital on Wednesday to commiserate over the collapse of the U.S. austerity movement, so...

California Primary: Republican Fight to Lose to Jerry Brown Still Unsettled One Month Out

William Bradley | Posted 07.03.2014 | Politics
William Bradley

In the absence of big initiative battles or high-profile, big money candidates slugging it out, we are left with, what we are left with. Primarily, that's the question of which little known Republican will emerge from the open primary into the November run-off with Governor Jerry Brown.

Money Can't Buy Votes

Leo W. Gerard | Posted 04.26.2014 | Politics
Leo W. Gerard

Right-wing billionaires threw a hissy fit in recent weeks. The 99 percent are persecuting them, the wealthy ones whined. That whole Occupy Wall Street thing hurt their feelings, conservative 1 percenters pouted.

House of Cards Is a Republican Fantasy World

Randy Shaw | Posted 04.22.2014 | Politics
Randy Shaw

It's as if Pete Peterson and his anti-entitlement crowd got control of Netflix and used its streaming power to create a fictional universe where elite interests not only win, but are widely popular.

Paul Blumenthal

How The 0.01 Percent Underwrites, And Undermines, Politics

HuffingtonPost.com | Paul Blumenthal | Posted 01.24.2014 | Politics

WASHINGTON -- Just four days after being named Mitt Romney's vice presidential running mate in August 2012, Rep. Paul Ryan (R-Wis.) made a pilgrimage ...

Dear Vets, Forget the Monuments, They're Gunning for Your Social Security

Mary Bottari | Posted 01.23.2014 | Politics
Mary Bottari

As the government shutdown marches on and the dangerously real deadline of the federal debt limit approaches, it is increasingly clear that the fight over "Obamacare" is merely an opening salvo.

America's Ruling Class Hall of Shame

Peter Dreier | Posted 11.22.2013 | Politics
Peter Dreier

Even among the few thousand members of the power elite, there are a small number whose influence is greater than the others. Here is a list of the 20 most influential members of the power elite.

Pete Peterson's Fix the Debt CEOs Promote Austerity for the Masses, Expanding Wealth for the 1 Percent

Michele Swenson | Posted 07.21.2013 | Denver
Michele Swenson

Fix the Debt is the most recent incarnation of the Pete Peterson machine seeking imposition of austerity on the masses, ostensibly to address economic downturn.

On the Billionaire's Agenda, Does 60 Minutes Need a Visit From ... 60 Minutes?

Richard (RJ) Eskow | Posted 07.20.2013 | Media
Richard (RJ) Eskow

If Lesley Stahl chose to leave the Peterson Board and disassociate herself with that group's agenda, she made the right decision. But opting for secrecy was the wrong choice.

Ghost in the Machine: Pete Peterson Haunts College Campuses

Mary Bottari | Posted 07.12.2013 | Politics
Mary Bottari

Media touted the event without looking deeper. Clips the day after did the same. Nary a mention of Pete Peterson or his vicious austerity agenda which will slash government spending, kill jobs, condemn students to higher rates of debt and make it much harder for graduates to succeed.

Amanda Terkel

WATCH: Fix The Debt Stages Flash Mob In Downtown D.C.

HuffingtonPost.com | Amanda Terkel | Posted 05.10.2013 | Politics

WASHINGTON -- Most people don't think of partying at rock concerts in the name of debt reduction. Alan Simpson and Erskine Bowles, after all, are cert...

Tick-Tick-Tick: Do 60 Minutes and America's Billionaires Want Us to Beg?

Richard (RJ) Eskow | Posted 07.09.2013 | Politics
Richard (RJ) Eskow

If you're a jobless person looking for food or a wounded vet who needs health care, 60 Minutes has a solution: Beg a billionaire for it.

Austerity Is a Political Loser for Either Party

Joseph A. Palermo | Posted 07.09.2013 | Politics
Joseph A. Palermo

Even a minimal "vision" of an America that can still accomplish something would appear to be far more uplifting than the austerity snake oil the current crop of Republican politicians keep pushing.

Ryan Grim

Bill Clinton: 'Paul Krugman Is Right'

HuffingtonPost.com | Ryan Grim | Posted 05.07.2013 | Politics

WASHINGTON -- Former President Bill Clinton began his appearance at Pete Peterson's annual fiscal summit Tuesday by approvingly invoking the name of t...

Zach Carter

Fix The Debt CEOs Bring $1 Billion From Tax Loopholes

HuffingtonPost.com | Zach Carter | Posted 05.02.2013 | Politics

WASHINGTON -- Companies in the Fix the Debt coalition, which advocates for federal austerity policies, qualified for $1 billion or more in tax breaks ...

Paul Blumenthal

Fix The Debt Campaign Caused Split With Think Tank

HuffingtonPost.com | Paul Blumenthal | Posted 04.25.2013 | Politics

WASHINGTON -- Late in 2012, the Committee for a Responsible Federal Budget (CRFB), the leading organization promoting a grand budget bargain that incl...

An Open Letter to MSNBC: Disclose Ed Rendell's Conflicts of Interest

Daniel Marans | Posted 05.06.2013 | Media
Daniel Marans

I am a longtime fan of MSNBC. I have watched it regularly for years and admired its growth into a commercially successful platform for smart news and analysis. That is why I am so disappointed.

Will Half a Billion Bucks Buy a New Recession?

Robert L. Borosage | Posted 04.23.2013 | Politics
Robert L. Borosage

The "sequester" -- mindless, across-the-board spending cuts designed purposefully to be abhorrent to both political parties -- now seems likely to go into effect on March 1. The sequester cuts added to spending cuts and tax increases already scheduled will slow growth and cost jobs. Government austerity has already contributed to the worst recovery in post-World War II history. Why would the U.S. repeat this folly, despite warnings from the IMF and Federal Reserve officials? Every calamity has many authors -- Obama's premature turn to deficit reduction in 2009, the Tea Party zealots, a hapless and clueless Republican congressional leadership and more. One major contribution comes from the money and monomania of Pete Peterson, a Wall Street billionaire who has committed about half a billion bucks rousing hysteria about deficits and debt.

Preston Maddock

Fix The Debt Protest Draws Activists, Inflatable Pig

HuffingtonPost.com | Preston Maddock | Posted 02.07.2013 | Politics

WASHINGTON -- More than 100 union members and progressive activists marched to a Capitol Hill hotel Wednesday to protest a meeting of corporate chiefs...

As Public Makes 'Hard Choices' on Social Security, Alan Simpson Ducks His "Moment of Truth"

Richard (RJ) Eskow | Posted 04.06.2013 | Politics
Richard (RJ) Eskow

Alan Simpson's the lead pitchman for a billionaire- and corporate-funded initiative to slash Social Security that has subjected the public to years of nonstop haranguing and lecturing. But when the public makes tough decisions, the tough-talking Mr. Simpson is nowhere to be found.

Weak Economy, Wrong Debate

Robert Kuttner | Posted 04.05.2013 | Business
Robert Kuttner

Seemingly, President Obama has moved off the deficit-hawk kick that marked his posture in 2010 when he appointed the Bowles-Simpson Commission, and 2011 when he agreed to a budget deal with massive cuts and automatic triggers adding up to about $4 trillion in deficit cuts over a decade. Seemingly, too, the corporate-led "Fix the Debt Campaign" -- millionaires and billionaires telling the rest of America to tighten its belt for the greater good -- isn't getting a great deal of traction. But despite the sheer unreality of their claims, the austerity lobby keeps winning by defining the terms of debate. Nearly everyone, right, center and left, is arguing about the economic recovery in terms of what the debt-to-GDP ratio should be in 2023. That is the wrong question. The right question is: how do we get a stronger recovery going now?

Blocking a Bad Idea That Enriches the Rich: Peterson, Austerity and the Washington Consensus

William K. Black | Posted 03.19.2013 | Business
William K. Black

Austerity is the leading cause of the election of national leaders who promise that if elected they will stop "submitting" to creditors' demands that they inflict austerity on their people.