Everyone is having a bit of a laugh today at the expense of “The Can Kicks Back,” the youth-oriented affiliate of the group known as “Fix the Debt,” which is yet another of the many organizations funded by single-minded deficit hawk billionaire Pete Peterson, along with a few of his similarly wealthy peers. The Can Kicks Back, which was supposed to nurture a youth movement to support Peterson’s goal of social insurance cuts and tax reform, now finds itself “nearly broke,” according to various internal documents obtained by Politico’s Byron Tau. As of November: “The group’s cash reserves were down to $70,000, with more than $75,000 in outstanding donor commitments …” And they’re having trouble with the fundraising.
One fundraising problem The Can Kicks Back has faced is the entirely accurate perception that it is not actually a grass-roots organization of young people deeply concerned with reckless entitlement spending and unsustainable long-term debt, but rather yet another front group — and in this case a particularly ineffective one — for the small network of billionaires who have spent decades advocating tax cuts and the rolling back of Social Security and Medicare benefits, in the name of fiscal responsibility.
[P]lease note that The Can Kicks Back’s advisory board includes Erskine Bowles, Alan Simpson, Evan Bayh and David Walker.
https://www.balloon-juice.com/wp-content/uploads/2015/11/balloon_juice_header_logo_grey.jpg 0 0 Doug! https://www.balloon-juice.com/wp-content/uploads/2015/11/balloon_juice_header_logo_grey.jpg Doug!2014-02-13 15:42:272014-02-13 15:43:37That's fine, I know them all pretty well