CENTER FOR AMERICAN PROGRESS SPENDING
MILLIONS ON AN AD CAMPAIGN FOR OBSCURE REGULATION THAT
WILL HURT FOR-PROFIT COLLEGES
~ New Government
Regulations Will Reap Short Sellers Millions of Dollars
~
February 2011
(Washington, D.C.) - In a
recent
op-ed, Natasha Mayer, a Daily Caller contributor,
has speculated that Wall Street short-sellers are funding
Center for American Progress ad campaign in order to
drive down the stock of publicly traded for-profit colleges.
Last Tuesday, January 26,
while most of us were preparing to watch the State of
the Union, the Wall Street Journal ran an article on
the front page exposing the role that short-sellers,
those investment gurus who bet on specific stock prices
falling, have been playing in the development of federal
guidelines regulating for-profit colleges.
Advocacy by these investors
runs the gamut from initiating letter-writing campaigns
to testifying before Congress in the hopes of passing
rules that would seriously hinder these colleges' bottom
lines - forcing their stocks to drop.
Now, Washington D.C. political
consultant Natasha Mayer wants to know:
-
Why the Center for American Progress (CAP) spending
millions of dollars on an ad campaign to support
an obscure regulation that will hurt for profit-colleges?
-
Why the same short-sellers
recently exposed by the Wall Street Journal
are working closely with the senior Obama administration
officials to impose new government regulations that
will hurt for-profit colleges and reap the short
sellers millions of dollars.
-
Whether CAP is a liberal think tank or a political
advocacy organization run by John Podesta using
Wall Street money to fight for the Obama administration's
anti-corporate priorities?
-
Why the mainstream media investigating where CAP
is getting millions of dollars to run this ad campaign?
-
Where is CAP getting the money for this campaign?
As a 501(c)(3) they are not legally obligated to
disclose where their $25 million in operating funds
comes from.
Natasha Mayer grew up in
suburban Detroit, Michigan. A graduate of New York University's
prestigious film school, she began her career working
in independent film. She has worked as a news producer
for Fox News Channel and Voice of America. In 2006,
she left broadcast news to become a media and strategic
communications consultant in Iraq. In Washington, D.C,
the most dangerous of war zones, she works as a political
consultant.
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