Billionaires for Austerity: With Cuts Looming, Wall Street Roots of "Fix the Debt" Campaign Exposed

Democracy Now!, February 26, 2013: With $85 billion across-the-board spending cuts, known as "the sequestration," set to take effect this Friday, a new investigation reveals how billionaire investors, such as Peter Peterson, have helped reshaped the national debate on the economy, the debt and social spending. Between 2007 and 2011, Peterson personally contributed nearly $500 million to his Peter G. Peterson Foundation to push Congress to cut Social Security, Medicare and Medicaid -- while providing tax breaks for corporations and the wealthy.

On Anniversary of Trayvon Martin's Death, ALEC-Backed Stand Your Ground Laws Remain on Books

One year ago today, 17-year-old Trayvon Martin was shot and killed by 28-year-old George Zimmerman. On average, 30 people are killed by firearms each day, so Trayvon Martin could have become just another faceless statistic. But the tragedy soon gained national attention as a result of the injustice wrought by Florida's "Stand Your Ground" law, which was cited to protect Zimmerman from prosecution because he claimed to have felt threatened by the unarmed African-American teenager.

The Trayvon Martin tragedy soon led to an examination of Stand Your Ground laws, as well as the organization responsible for their proliferation: the American Legislative Exchange Council, or ALEC.

After Attacking Kwanzaa, WI Senator Moves on to Attacking Renewable Energy -- with Help from ALEC

Wisconsin State Senator Glenn Grothman, who made headlines in December for an unprovoked attack on Kwanzaa, has set his sights on another imagined enemy: renewable energy standards. Although Sen. Grothman's latest move is just as ridiculous as his past efforts, this one is part of a national effort backed by the American Legislative Exchange Council (ALEC) and the Heartland Institute.

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