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2010: The Year of the Corporate Candidate?

United States of Corporations flagAfter 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.”

Progressive Senators Fight for Real Bank Reform

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.

Healthwashing Soda

Antioxidant 7-UpAs state and local governments consider taxing soda and sugary drinks to raise money and address the national obesity epidemic, manufacturers of sugary drinks -- like countless other industries -- are taking PR cues from the tobacco industry to defeat the initiatives. The PR tactics they are using are starting to be old hat. By now, everyone should be able to spot them, but just in case you're not up to speed on your corporate PR literacy, here's what to look for:

Step One: Position your product as the solution, not the problem

Coca Cola, Pepsico and Dr. Pepper Snapple Group are running print and TV ads promoting their joint initiative to remove full-calorie, artificially-sweetened drinks from schools. At the same time, Americans Against Food Taxes, the front group for the sugary drink manufacturers, is sending out emails boasting that soda companies have replaced full-calorie soft drinks with "smaller-portion" and "portion-controlled" beverages, real juice and bottled water in schools. Voila'! Their products are no longer the problem, they are part of the solution. Even better, now they'll get kids to buy more bottled water -- which costs them next to nothing to make -- at a dollar a bottle. Score!

Philip Morris Pushing Smoking Hard in Foreign Countries

brokeblokeIn the 1950s, more than half the U.S. population smoked. Now that number is down to just 21 percent of adults. As the domestic cigarette market shrinks, tobacco companies are taking their business to the developing world, where they don't have to deal with pesky things like advocacy groups that oppose industry activity, smoking bans, or a populace that is aware of the health hazards of smoking.

Now Philip Morris (PM) is playing hardball in lesser-developed countries to try and preserve their ability to market cigarettes however they want. On February 19, PM filed a lawsuit against Uruguay to try and force that country to withdraw a new law requiring 80 percent of each side of cigarette packs show graphic images depicting the health effects of smoking.

Senator Dodd Doubles Down on a Losing Bet

Watching the devolution of the bank reform bill in the U.S. Senate has been painful. Banking Chairman Chris Dodd’s original proposal unveiled last year had numerous strengths, most significantly the removal of bank supervisory authority from the Federal Reserve. Dodd decided that the Fed had done such a lousy job ignoring the housing bubble and failing to crack down on predatory lending in the mortgage market that it shouldn’t be given a second chance.

But a second chance for this unpopular and failed institution is currently in the works. In an effort to please Republicans and achieve a bipartisan bill, Dodd is not only going to let the Fed keep its bank supervision and rulemaking authority, he wants to give it authority over the proposed Consumer Financial Protection Agency (CFPA).

Conservatives, Republicans Keep Up Incorrect Use of the "Nuclear Option"

Republicans and conservative news media outlets like Fox News keep repeating the error made by newly-elected Massachusetts Senator Scott Brown, when he mistakenly called the Senate process of reconciliation "the nuclear option." The term the "nuclear option" was coined in 2005 by then-Majority Leader Trent Lott, when Democrats used the filibuster to block the appointment of appeals court judges nominated by George W. Bush. This prompted Republicans to threaten to change the Senate rules so they could cut off debate on judicial nominees using a simple 51-vote majority instead of the required 60-vote majority needed to end a filibuster. The momentousness of this change -- effectively blocking the stalling technique known as the filibuster -- moved some Democrats to dub the Republicans' threat the "nuclear option." Thus, the phrase "nuclear option" refers to a major change in the rules of the Senate, not passing a bill using reconciliation. Passing a bill -- even a large and important bill -- through reconciliation is fairly standard procedure, and has been used many times before to approve major health care reform initiatives.

It's getting clearer that conservatives would rather sling around a scary, loaded old term and hope to elicit some emotional effect than come up with a new term -- or use the right words -- to communicate what they mean.

Take Action on Bank Reform!

The reckless behavior of big Wall Street banks, credit card companies, and mortgage lenders caused a financial crisis that cost us millions of lost homes and jobs, billions in tax-payer funded bailouts and trillions in lost college and retirement savings.

This week, the Senate will take up financial reform legislation that will set the shape of economy for the next 50 years. This is a critical time to call or email your Senator and tell them American families can no longer afford a "boom and bail" economy and it's past time that they cracked down on the abuses that caused the financial crisis.

From March 1-4, 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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