The looting of the U.S. and the economic crisis were not
caused by Wall Street and the corporations, it was the Teachers’ Union.
Chris Christie.
At the Republican convention.
"Now having squandered trillions on mismanaged wars, tax cuts
designed especially for the rich, a gigantic real estate bubble, and massive
bailouts for its banks, the United States is confronting a major fiscal
problems. At the same time,
America’s fundamental economic competitiveness has declined severely, as its
physical infrastructure, broad band services, educational system, workface
skills, health care and energy policies have failed to keep pace with the needs
of the advanced economy. ….
The principal reason for this is that politically powerful
interest groups have been able to block reform: the financial services, energy,
defense, telecommunications, pharmaceutical, and processed food industries, the
legal, accounting, and medical professions; and to a lesser extent, several
unions- these and other groups , including, of course, lobbyists and
politicians, have ferociously resisted efforts to improve America’s future at their expense.
Meanwhile,
both political parties are ignoring, lying about, and/or exploiting the
country’s very real economic, social, and educational problems."
Charles H. Ferguson, Predator Nation; Corporate Criminals, political
corruption, and the Hijacking of America. 2012.
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