In a June 29 Facebook post by Robert Reich, former U.S. Secretary of Labor and now a University of California-Berkeley economics professor, he writes:“The moral crisis of our age has nothing to do with gay marriage or abortion; it’s insider trading, obscene CEO pay, wage theft from ordinary workers, Wall Street’s continued gambling addiction, corporate payoffs to friendly politicians, and the billionaire takeover of our democracy.”

According to the university website, Reich earned $242,613 in 2013 and is scheduled to teach one class in the 2014 fall semester and taught four classes in the 2014 spring semester.

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A “bottlenecker” is someone who uses the power of the government to limit competition in the market and artificially boost their own profits. Bottleneckers use a variety of methods to achieve their goals, including tax loopholes, regulations, occupational licensing requirements, minimum wage laws and many more. The end result when these special interest bottleneckers succeed is fewer choices and higher prices for consumers, fewer job opportunities for workers and less innovation throughout the economy.

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