Thomas Ferguson is Political Science Professor at the University of Massachusetts Boston, a contributing editor of The Nation, and author of “Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political System”.
Back in April 2009 Ferguson was interviewed by Real News CEO Paul Jay, and at the time predicted that the Obama/Geithner/Summers economic/stimulus plans would be a “recipe for disaster” in more ways than one.
Today Ferguson again talks with Jay, and with the hindsight of the past year and a half now says both political parties are disintegrating, and that the American people will be the collateral damage.
Real News Network – November 02, 2010
Ferguson: Both parties disintegrating, people will pay as economy weakens