General Discussion

eridani

(51,907 posts) Sat Feb 15, 2014, 08:49 AM Feb 2014

Simpson-Bowles anti-debt group is—pause to laugh—deeply in debt

Bwaahaaaa!!

http://www.dailykos.com/story/2014/02/13/1277295/-Bowles-Simpson-offshoot-is-broke

The gig is up for the everyone's favorite deficit fetishists, Simpson and Bowles. It starts great with the headline: Anti-debt group finds itself in red. It gets even better.

A year and a half after launching with much fanfare, a group affiliated with fiscal watchdogs Erskine Bowles and former Sen. Alan Simpson is nearly broke.

Well, that was a little sloppy of them. Oh, and about that "grass-roots energy":

“Without someone/something else covering staff costs and without fundraising miracles like Stan or near-Stan happening consistently, I don’t know how we both sustain [an] organization and do meaningful things,” Nick Troiano, co-founder and communications director of the group, wrote in a November email

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As Politico says, "Both Fix the Debt and The Can Kicks Back have struggled with the perception that they are 'astroturf' advocacy groups that are acting as mouthpieces of Wall Street and corporate interests." Gee, hard to imagine where that perception came from.

Frauds. But we already knew that. Now we know they're frauds who can't even balance a budget.