Anti-Corruption Watchdog Blasts Lobbying Firm for Planned Attack on Occupy Wall Street

When news broke on Saturday morning of a leaked memo from a top Washington, D.C. lobbying firm spelling out a plan to undermine the Occupy Wall Street movement, Public Campaign Action Fund issued this press release.

From the PCAF press release: “This memo from the big banker’s lobbyists is exactly the kind of politics that we need to dismantle in Washington,” said David Donnelly, national campaigns director of Public Campaign Action Fund. “Wall Street banks, their lobbyists, and their campaign-donating CEOs are afraid of this movement to hold them accountable for what they did to America’s economy."

The lobbying firm has made $8.5 million from lobbying in the past five years, according to data compiled by the group from the nonpartisan Center for Responsive Politics’ website, including lobbying for the American Bankers Association, the US Chamber of Commerce, the Investment Company Institute, Verizon, and AT&T, among dozens of others. The release also shows a partial list of clients for the firm, a great number of which are related to Wall Street and other financial interests.

PCAF's David Donnelly continues in the press release: “These four lobbyists have made themselves into poster children for the one percent who think they own Washington,” said Donnelly. “If there’s something that belongs to all of us it’s our democracy, and we won’t let them control it anymore. It’s time to Occupy Democracy by advancing policies and ideas that give voice to the 99 percent of us like the Fair Elections Now Act.”

Check out this fact sheet on the lobby firm.