Yup, that tiny gay weasel is dragging the company down, because of his own aganeda.
The Old Gay Lady.
I get the impression that Pinch is a Lefty because he wants to be seen as having the "smart" position on everything. He is not really committed to the program, but does not want to lose the supposed respect of his friends.
What he does not realise is that they are laughing at him behind his back. They know Pinch is an idiot, and are delighted that he is so easily misled.