Did Brookings sell out?
Watch the author of a Brookings Institution report “Pensions and Politics” to see what we’re up against.
First it was PBS – we discovered was being paid off by former Enron trader John Arnold to promote the propaganda that teacher, cop and firefighter pensions were bankrupting our cities and towns. That news spread like wildfire and PBS was forced to cancel the series.
Now the Brookings Institution appears to have taken money from Arnold and guess what? A new Brookings report, “Pensions and Politics” is out. The author claims that your pensions are not “sustainable” whatever that means. And this should say it all. Guess who was the keynote speaker when the report was released in Washington – San Jose Mayor Chuck Reed who has made pension theft his signature issue.
Excerpt from the LA Times article on the Brookings, Arnold relationship:
Arnold, who made his first money as an Enron energy trader during the period when the company was ruthlessly manipulating the California energy market, is cut from the Peterson cloth. He’s decided that public employee pensions are too much, and he’s spending millions to convince his fellow Americans of that viewpoint, facts or not. Any institution that accepts his money to research or report on the issue is allowing him to put his well-funded thumb on the scale.
Even the highly respected Brookings Institution could be on the take from guys like John Arnold, the Texas billionaire who is spending millions to destroy your pensions.
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