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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Pete Peterson and the Deficit Hawks Teach Lawmakers Deep Fiscal Irresponsibility | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="4lT590YeXM"&gt;&lt;a href="https://www.nakedcapitalism.com/2012/11/pete-peterson-and-the-deficit-hawks-teach-lawmakers-deep-fiscal-irresponsibility.html"&gt;Pete Peterson and the Deficit Hawks Teach Lawmakers Deep Fiscal Irresponsibility&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2012/11/pete-peterson-and-the-deficit-hawks-teach-lawmakers-deep-fiscal-irresponsibility.html/embed#?secret=4lT590YeXM" width="600" height="338" title="&#x201C;Pete Peterson and the Deficit Hawks Teach Lawmakers Deep Fiscal Irresponsibility&#x201D; &#x2014; naked capitalism" data-secret="4lT590YeXM" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>Michael Hoexter is a policy analyst and marketing consultant on green issues, climate change, clean and renewable energy, and energy efficiency. Originally published at New Economic Perspectives   We have come to accept in the Orwellian world of mass communication and media spin that pressure groups and political organizations name themselves in ways that contradict their actual mission. We have become cynical about truth and about good intentions, trusting only after long observation certain political actors and then only reservedly. There is now such an alphabet soup of organizations in Washington, a veritable smorgasbord of lobbyists that only political junkies and Washington insiders will know every acronym and player.  However there is a constellation of particularly influential groupings in Washington that should be known by every American for what they are and what they are not. These groups form a powerful hub at the center of the fiscal austerity campaign.</description></oembed>

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