U.S. Chamber of Commerce and AFL-CIO agree on something!
Hell has frozen over. On one of those ubiquitous Sunday talk shows yesterday, Tom Donohue, president of the U.S. Chamber of Commerce, and Richard Trumka, president of the AFL-CIO, both said that Congress needs to provide funding to rebuild America’s crumbling infrastructure.
Richard Trumka said:
“We can’t be competitive in a global economy unless we have infrastructure that allows us to be competitive. This is really a no-brainer.”
And that’s not all: The Vatican has called for a sweeping overhaul of the global financial system. The statement called for an end to “an economic liberalism that spurns all rules and controls.”
The Gudorf Chair in Catholic Theology and Culture at the University of Dayton said:
“While conservative leaders and several presidential candidates want to eviscerate financial reform, the Vatican has sent a powerful message that prudent regulation of our financial system is a moral priority…It’s clear the Vatican stands with the Occupy Wall Street protesters and others struggling to return ethics and good governance to a financial sector grown out of control after 30 years of deregulation.”
So we have the Vatican, the U.S. Chamber of Commerce and the AFL-CIO all standing together. Gee, who could be against them? Oh, that’s right — Republicans. They don’t want any infrastructure work done or any new jobs created because that would make Obama look good with an election coming up. And they don’t want ANY regulation of the finance industry — their Wall Street pimps have told them very explicitly not to let this happen, Or Else.