We want a "peace economy" that creates jobs, invests in our communities, restores and improves public services, saves the environment, and builds the infrastucture. We urge you to sign the petition at www.jobs-not-wars.org that calls for an end to the austerity and militarism that this Congress and Administration seem intent on.
We saw the charming Ed Rendell on MSNBC the other day talking up the wonders of Simpson-Bowles. He's not on our side any more.
Ed Rendell is a co-chairman of Fix the Debt. In media appearances, he is only introduced as the former Democratic governor of Pennsylvania (2003-2011), yet he has extensive corporate and financial ties.UNDISCLOSED CONFLICT OF INTEREST: Rendell lobbied for KCI USA, a wound care technology company, on Medicare and Medicaid reimbursements in 2012. Rendell is special counsel to the law firm Ballard Spahr -- which has been criticized as a union-busting law firm-- -- where he focuses on privatization and housing, with an emphasis on infrastructure. Rendell is also a senior adviser at Greenhill & Co., a multinational investment bank. Ninety percent of Greenhill's revenue comes from advisory assignments, including to public officials. Rendell is a strong proponent of "public private partnerships" (PPPs) in infrastructure, which have been criticized as a dubious form of privatization of public assets. Rendell is also on the advisory board of Verdeva, a firm developing technology to track motorists at the gas pump so they can be taxed for infrastructure revenue, an industry-favored measure for developing the income streams they need to finance infrastructure deals. He has also joined the venture capital firm Element Partners as an operating partner. Element Partners recently invested in oil and gas extraction (fracking) from the Marcellus formation.[3