Follow up: AstroTurf group 'Stop Too Big to Fail' gets noticed

Others are noting and commenting on the fraud that is ,‘Stop Too Big to Fail’ including Nobel Prize winning economist, Paul Krugman who writes for The New York Times.

Here’s what Krugman has to say, in his blog, about this latest sham front group:

Stop Stop Too Big To Fail

Talking Points Memo:

“In the last few weeks, a new player entered the financial reform fray with a $1.6 million ad buy, a respected economist on board, a blitz of opinion columns on left-leaning websites, and a message, cooked right into the group’s name — Stop Too Big To Fail — that liberals could love.

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This is why we need truth in advertising regulation of front groups

How many ways can I say: “Simply not true.”

But on it goes, when one front group leaves the airwaves, another steps in. Who are they? Who do they really represent? What is their real agenda?

Stop Too Big to Fail, hiding behind C4CC - Consumers for Competitive Choice, would like you to believe the following:

“Now Congress is considering so-called ‘financial reform’ legislation which would authorize even more bailouts for big banks - paid for by hidden taxes on our pensions, retirement accounts and saving”. [Stop Too Big To Fail press release, 4/15/10]

Once again, it takes deductive powers worthy of Sherlock Holmes and persistance to ferret out who’s on first with these groups. They say one thing at the bottom of the screen, but their websites aren’t marvels of transparency.

Least of all about who they - and their stakeholders - are about.

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