TPP Job Claims Earn 4 Pinocchios!

[ND-Dem]

15. If the Peterson Institute is their reference, good luck. That's the outfit that wants to cut social

security and lots of other crap.

Yeah, good ole Petey Peterson.

In 2006, a capital campaign led to the creation of a sizeable endowment, strengthening the Institute's independence. Previously known as the Institute of International Economics, it changed its name that same year in recognition of Peter G. Peterson's role in the capital campaign and for his longstanding support of the Institute since the early 1980s.

The institute chairman is Peter G. Peterson, former chairman of the Council on Foreign Relations, former United States Secretary of Commerce, and one of the founders of the Blackstone Group

http://en.wikipedia.org/wiki/Peterson_Institute_for_International_Economics

Peter George "Pete" Peterson (born June 5, 1926) is an American businessman, investment banker, fiscal conservative, philanthropist, and author, who served as United States Secretary of Commerce from February 29, 1972 to February 1, 1973. He is also known as founder and principal funder of The Peter G. Peterson Foundation, which he established in 2008 with a $1 billion endowment. The group focuses on raising public awareness about U.S. fiscal-sustainability issues related to federal deficits, entitlement programs, and tax policies.[1] In recognition of his support, the influential[2] Peterson Institute for International Economics was named in his honor in 2006.

http://en.wikipedia.org/wiki/Peter_George_Peterson

Peter G. Peterson, born June 5, 1926, is a controversial Wall Street billionaire who uses his wealth to underwrite numerous organizations and PR campaigns to generate public support for slashing Social Security, Medicare, and Medicaid, citing concerns over "unsustainable" federal budget deficits. In 2007, he made a fortune from the public offering of the private equity firm he co-founded, Blackstone Group, and pledged to spend $1 billion of this money to "fix America's key fiscal-sustainability problems." He endowed this money to the Peter G. Peterson Foundation, which he launched in 2008 (see below for more).[1] His son, Michael A. Peterson, is the President and Chief Operating Officer of the foundation.

Move over, George Soros and the Koch brothers. The Los Angeles Times has dubbed Peterson "the most influential billionaire business figure in national politics. . . . He isn't content merely to express concern about the federal deficit. His particular targets are Social Security, Medicare and Medicaid, which he calls 'entitlement' programs and which he wants to cut back in a manner that would strike deeply at the middle class."

http://www.sourcewatch.org/index.php?title=Peter_Peterson