Lobbyist’s plan to undermine OWS

POSTED BY ORHAN

By Jonathan Larsen and Ken Olshansky, MSNBC TV

A well-known Washington lobbying firm with links to the financial industry has proposed an $850,000 plan to take on Occupy Wall Street and politicians who might express sympathy for the protests, according to a memo obtained by the MSNBC program “Up w/ Chris Hayes.”

The proposal was written on the letterhead of the lobbying firm Clark Lytle Geduldig & Cranford and addressed to one of CLGC’s clients, the American Bankers Association.

CLGC’s memo proposes that the ABA pay CLGC $850,000 to conduct “opposition research” on Occupy Wall Street in order to construct “negative narratives” about the protests and allied politicians. The memo also asserts that Democratic victories in 2012 would be detrimental for Wall Street and targets specific races in which it says Wall Street would benefit by electing Republicans instead.

According to the memo, if Democrats embrace OWS, “This would mean more than just short-term political discomfort for Wall Street. … It has the potential to have very long-lasting political, policy and financial impacts on the companies in the center of the bullseye.”

The CLGC memo raises another issue that it says should be of concern to the financial industry — that OWS might find common cause with the Tea Party. “Well-known Wall Street companies stand at the nexus of where OWS protestors and the Tea Party overlap on angered populism,” the memo says. “…This combination has the potential to be explosive later in the year when media reports cover the next round of bonuses and contrast it with stories of millions of Americans making do with less this holiday season.”

The memo outlines a 60-day plan to conduct surveys and research on OWS and its supporters so that Wall Street companies will be prepared to conduct a media campaign in response to OWS. Wall Street companies “likely will not be the best spokespeople for their own cause,” according to the memo.  “A big challenge is to demonstrate that these companies still have political strength and that making them a political target will carry a severe political cost.”  

The memo also suggests that Democratic victories in 2012 should not be the ABA’s biggest concern. “… (T)he bigger concern,” the memo says, “should be that Republicans will no longer defend Wall Street companies.”

(Source)

What’s ironic about this is that even the top guns at CLGC are locked into the mindset that this is really all about Democrats vs. Republicans; they just don’t get that one of the surest ways to kill the movement would be to have OWS associated with the Democratic Party, in reality or in the public mind. And do they actually believe Tea Party and OWS could ever be allies?

7 responses to “Lobbyist’s plan to undermine OWS

  1. Pingback: Conservative Memo Spells Out Plan to Undermine Occupy Wall Street 2011 | Occupy Cyberspace – American Autumn

  2. Interesting! They must be taking the OWS thing very seriously then.

    Like

  3. If, I mean WHEN,Newt crashes, maybe he can pitch, I mean CASH, in.

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  4. By the way Orhan, I notice they’ve drawn some parallells between OWS and Tea Party – something I agree with. Very very different, but arising from the same sense of ‘something’s wrong’.

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  5. ” that OWS might find common cause with the Tea Party. ”

    ” they just don’t get that one of the surest ways to kill the movement would be to have OWS associated with the Democratic Party, ”

    ” And do they actually believe Tea Party and OWS could ever be allies? ”

    ” By the way Orhan, I notice they’ve drawn some parallells between OWS and Tea Party – ”

    The OWS ‘ is ‘ associated with the Democratic Party . Many Democrats publicly support it . No the Tea Party could never be allied to OWS. The one parallel is anger at the bailouts of Banks and Wall Street . The difference is that the Tea Party is made up of tax payers . They are mad at having to pay for the bailouts . The OWS people are mad at not ‘ receiving ‘ bailouts . They want to be bailed out of the college loans they freely took on .

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  6. Pingback: The Right-Wing Lobbyist Firm Planning to Attempt to Smear Occupy for a Fee of $850,000 | crazyemailsandbackstories

  7. [Many Democrats publicly support it]
    And many Republicans publicly support the Tea Party. In both cases, some do, some don’t.

    [No, the Tea Party could never be allied to OWS.]
    Niether Orhan nor I ever suggested they would. But the Wall Street oppo-research firm in their memo warned that such an alignment is a danger.

    [The one parallel is anger at the bailouts of Banks and Wall Street ]
    We agree – that’s what I said. And it’s clear that oppo firm sees it too.

    [The difference is that the Tea Party is made up of tax payers. They are mad at having to pay for the bailouts;.]
    So are OWS. They pay taxes and they’re mad about the bailouts.

    These are two groups of Americans who are pissed at how things have shaken out in the last dozen years. I think they have more in common than is usually acknowledged.

    A big diff (so far) – TP is mostly older and white. OWS is more diverse in age and race.

    Like

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