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Politics
: PR WatchBanksters Create New Fake "Consumer" Group
By Lisa Graves
According to a story in the Washington Post by Mike Konczal, the Big Banks have just created an astroturf or cashroots group called the "Consumers Against Retail Discrimination Alliance" to fight a provision of the financial reform bill: This nominal "consumers" group is constituted of really, really big "consumers," according to Konczal, including "Visa, MasterCard, Bank of America, JP Morgan Chase, U.S. Bank, Citi" and almost every banking association that is part of the more accurately named "Electronic Payments Coalition." They have attempted to label this a corporate "civil rights" issue by talking about "discrimination" -- or "retail discrimination," that is.
Full post as published by PR Watch on May 26, 2010 (boomark / email).
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