War on Anti-Poverty Programs One of the most violent attacks undertaken by conservative U.S. think tanks has been on the federal anti-poverty programs. Beginning in the 1980s the Manhattan Institute sponsored and promoted two publications that urged the elimination of the federal anti-poverty program. "Wealth and Poverty", concluded that poverty was the result of personal irresponsibility, while "Losing Ground: American Social Policy, 1950 - 1980", observed that anti-poverty programs reduced marriage incentives, discouraged workers form accepting low-wage jobs, and encouraged unintended births among low income teenage and adult women. These books were followed by Lawrence Mead's "Beyond Entitlement: The Social Obligations of Citizenship", which blamed governments for perpetuating poverty by not requiring welfare recipients to work. Other conservative grantees have used their funds for more than a decade to spread this kind of conservative political rhetoric and policy opinion through major media and conservative-controlled print and broadcast outlets. The redefinition of the problem and the demonization of the poor finally culminated in the passage of the welfare reform in 1996. The conservative anti-poor crusade not only led to cuts in federal anti-poverty spending, but also eliminated the only federal program guaranteeing cash assistance to poor women and their children.

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Examples of Mainly Corporate Funded Think Tanks: Manhattan Institute The Manhattan Institute, founded by William Casey, who later became President Reagan's CIA director, besides subsidies from a number of large conservative foundations has gained funding from such corporate sources as: The Chase Manhattan Bank, Citicorp, Time Warner, Procter & Gamble and State Farm Insurance, as well as the Lilly Endowment and philantropic arms of American Express, Bristol-Myers Squibb, CIGNA and Merrill Lynch. Boosted by major firms, the Manhattan Institute budget reached US$ 5 million a year by the early 1990s.

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Chemical Banking Corporation In 1996 the firm, which was by then the second-largest bank in the United States, merged with another New York-based bank, The Chase Manhattan Corporation, to form the largest bank in the nation. Though the Chemical Banking Corporation had been the larger partner in the merger, the resulting firm was called The Chase Manhattan Corporation.

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Philip Morris American holding company founded in 1985, the owner of several major American companies, notably Philip Morris Inc., the General Foods Corporation, and Kraft, Inc., with diversified interests in tobacco and food products. In 1988 Philip Morris acquired Kraft, Inc., a large maker of cheeses and grocery products. Philip Morris thus became one of the world's largest corporate producers of consumer goods. Its headquarters are in New York City.

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