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Impersonal forces. when i dug into this and started to look back, what i found out what really happened, back when you were working for tip o'neill as speaker of the house, that was when there was a power shift. louis powell, who was a corporate attorney named to the supreme court by richard nixon, actually wrote a memo and said, we're getting killed. business is getting killed politically by the environmental movement, by the labor movement, by the women's movement, by the consumer movement, ralph nader and those guys. he said, business you have to get to washington, take to high ground. and ...

Forces, impersonal forces. when i dug into this and started to look back, what i found out what really happened when you were working for tip o'neill as speaker of the house, that was when there was a power shift. louis powell who was corporate attorney named to the supreme court by richard nixon actually wrote a memo and said, we're getting killed. business is getting killed politically by the environmental movement, by the labor movement, by the women's movement, by the consumer movement. ralph nader and those guys. he said, get to washington, take the high ground. and sure enough, literally...

Business trade. they stuffed the consumer movement. they got deregulation, they got tax cuts, all kinds of things. so the power shift tilted the policy towards business, towards the wealthy. that started in the late 70s late rally when you and i were there. starnlths you had what i call wedge economics in the economy. used to be that the prosperity, the growth of american productivity was shared. middle class had its share along with the owners, along with the shareholders. the productivity of the american workforce doubled from 1945 to 1975. >> i know a lot about this. there's gucci gulch for...

On lobbying is more meaningful than the money spent on elections because there you got a lot of bang for your buck when you spend money on actual lobbying. you've got people actually telling members of congress how they should write the laws. now, in the 1960s, what happened was, the history is in the 1960s, corporations were having a rough time in washington with the rise of the regulatory state, the rise of the consumer movement, and you had a few lobbyists here in washington, really just a handful of corporate lobbyists, and one of them, brice harlow, startedie advanta evangelizing around t...

good morning. happy thanksgiving. this is the day you've been waiting for. carol costello, thursday, november 24th. ali and christina have the day off. so glad you're with us. >> i have all of the fattening stuff laid out for me already here. it's already here. they ordered in thanksgiving dinner for us at 3:00 a.m. the turkey is crusty now. still edible. >> the stuffing is quite good actually. >> first up this morning, one thing we're very thankful for, our brave men and women in the military serving here and overseas. we have about 20,000 troops in iraq right now but the forces are...