I am going to make this quick…
Over the past year, Matt Taibbi, who was with the Rolling Stone, and David Siorta wrote two devastating articles about the Laura and John Arnold Foundation, which is a philanthropic group that was caught donating money to pension reform initiatives and donating money to NPR to broadcast a series about those looming pension crises around the country. John Arnold’s background as a billionaire banker started when he was with Enron and after the demise of the organization, he rose through the ranks of investment banking.
Following the Pennsylvania budget and the fact that Governor Corbett is holding the Philadelphia School District hostage over pension reform, there is a Laura and John Arnold Foundation pension advocacy group that has received between $100,000 and $500,000 from the two. The advocacy group is known as the Citizens to Protect PA Jobs. This is something that I stumbled upon on my way out to work, but I am sure there is some more digging to be had. Here is sampling of what they have been posting when following the “pension crisis.”
