Poetry Madness
 
 

Recently Viewed clear list


Q&A | February 27, 2014

Rene Denfeld: IMG Powell’s Q&A: Rene Denfeld



Describe your latest book. The Enchanted is a story narrated by a man on death row. The novel was inspired by my work as a death penalty... Continue »
  1. $18.19 Sale Hardcover add to wish list

    The Enchanted

    Rene Denfeld 9780062285508

spacer
Qualifying orders ship free.
$10.95
List price: $15.95
Used Trade Paper
Ships in 1 to 3 days
Add to Wishlist
Qty Store Section
1 Burnside American Studies- Economy
1 Local Warehouse American Studies- Economy

The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street

by

The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street Cover

ISBN13: 9781568584348
ISBN10: 1568584342
Condition: Standard
All Product Details

Only 2 left in stock at $10.95!

 

Synopses & Reviews

Publisher Comments:

In The Great American Stickup, celebrated journalist Robert Scheer uncovers the hidden story behind one of the greatest financial crimes of our time: the Wall Street financial crash of 2008 and the consequent global recession. Instead of going where other journalists have gone in search of this story—the board rooms and trading floors of the big Wall Street firms—Scheer goes back to Washington, D.C., a veritable crime scene, beginning in the 1980s, where the captains of the finance industry, their lobbyists and allies among leading politicians destroyed an American regulatory system that had been functioning effectively since the era of the New Deal.

This is a story largely forgotten or overlooked by the mainstream media, who wasted more than two decades with their boosterish coverage of Wall Street. Scheer argues that the roots of the disaster go back to the free-market propaganda of the Reagan years and, most damagingly, to the bipartisan deregulation of the banking industry undertaken with the full support of “progressive” Bill Clinton.

In fact, if this debacle has a name, Scheer suggests, it is the “Clinton Bubble,” that era when the administration let its friends on Wall Street write legislation that razed decades of robust financial regulation. It was Wall Street and Democratic Party darling Robert Rubin along with his clique of economist super-friends—Alan Greenspan, Lawrence Summers, and a few others—who inflated a giant real estate bubble by purposely not regulating the derivatives market, resulting in the pain and hardship millions are experiencing now.

The Great American Stickup is both a brilliant telling of the story of the Clinton financial clique and the havoc it wrought—informed by whistleblowers such as Brooksley Born, who goes on the record for Scheer—and an unsparing anatomy of the American business and political class. It is also a cautionary tale: those who form the nucleus of the Clinton clique are now advising the Obama administration.

 

Synopsis:

A muckraking exposé of the bipartisan origins of our greatest financial scandal

Synopsis:

A legendary journalist exposes how the very architects of our financial calamity now engineer the recovery program

Synopsis:

In The Great American Stick-Up, long-time Los Angeles Times columnist and Truthdig Editor-in-Chief Robert Scheer has a controversial thesis: the great financial meltdown, the crash widely regarded as the result of extraordinary circumstances, is, at its heart, an old-fashioned swindle. The architects of our financial calamity knew what they were doing, and now they are the figures anointed with the task of repairing the damage by the Obama administration.

A veteran reporter with exclusive access to whistleblowers, Scheer reveals how Ronald Reagan, Bill Clinton, Larry Summers, Robert Rubin, Phil Gramm, and others colluded in the fundamental corruption of our economic system. The shocking twist is that the prelude to the meltdown was not due to astonishing misuses of power—but rather the clandestine business of business as usual—and these are the figures still in charge of our financial destiny.

Synopsis:

The Great American Stick-Up exposes the bipartisan group who have played a formative role in shaping the financial collapse, yet still remain below the media radar for the part they played. They are the ultra-power couple of Phil and Wendy Gramm, whose roles in the private sector and government have pushed for the wholesale deregulation of the banking sector for two decades; two former leaders of Goldman Sachs, Robert Rubin and Henry Paulson; and former Treasury Secretary Lawrence Summers. These figures paved the way for the great banking meltdown of 2008.

The story of this group provides a vivid framework to understand the web of moneyed influence that threatens Americas future. It shows that the events of the previous year could have been anticipated, and that there are culprits responsible who continue to wield enormous power over our lives.

About the Author

Robert Scheer is the editor of TruthDig (www.truthdig.com). He was a national correspondent and columnist for the Los Angeles Times. His last book is entitled The Pornography of Power. Scheer lives in Los Angeles.

What Our Readers Are Saying

Add a comment for a chance to win!
Average customer rating based on 3 comments:

flyfisher, August 12, 2010 (view all comments by flyfisher)
My first disappointment in Pres. Obama was when he chose Timothy Geithner for Sec. of the Treasury and Larry Summers as an economic advisor as both of these guys were Wall Street insiders. I have found it fascinating (and appalling) that it took less than 10 years after deregulation of the financial industry and the repeal of the Glass Stegal Act, which grew out of the "Great Depression", for Wall Street and the banking industry to run us over a cliff, yet again. The laws that were in place were created to protect the citizenry and they worked well on our behalf for almost 70 years.
Our constitution says "By the people, for the people", not by the corporation, for the corporation. If "we, the people", don't find the will and a way, to turn things around, what is left of the middle class will be gone and we will all be indentured servants to the Mega Multinational corporations. We are almost there now.
I, personally, voted for Mr. Obama because I desperately wanted "change that we can (could) believe in" All I am seeing is more of the same, caving in to big monied interests at our expense, at every turn.
A couple of other good books that touch on these subjects are "Thieves in the Temple" by Andrew Eggleston, and "Unequal Protection: The Rise of Corporate Dominance and Theft of Human Rights in America" by Thom Hartman.
I really do not understand why we seem to be so pacified while more of our meager wealth and certainly our civil liberties are being taken without a fight. I now feel again, as I have felt in past years, that I, as an individual and a citizen, have no representation in Washington D.C.
Was this comment helpful? | Yes | No
(94 of 99 readers found this comment helpful)
bselig1, August 6, 2010 (view all comments by bselig1)
Great title. How true it is. Sadly, it's destroying our country. Until there are term-limits for Congress it will continue this way. They have to spend too much time obtaining money to run for office there is little time for work and caring about anything else but their "ego-centric" self. It is not their fault entirely- it's our system that creates it by our Representatives having to be campaigning all the time. This includes the President, who is constantly having to be on the road for other candidates in his/her party . "Show me the Money" is the name of the game and the players are the Bankers and Large Corporations who supply what they need quickly, which also leads to unholy self-serving friendships ie: "It's just business". Who you know is what counts. Not a shocker for me.
I look forward to reading Mr. Sheer's book.
Was this comment helpful? | Yes | No
(16 of 23 readers found this comment helpful)
bselig1, August 6, 2010 (view all comments by bselig1)
Great title. How true it is. Sadly, it's destroying our country. Until there are term-limits for Congress it will continue this way. They have to spend too much time obtaining money to run for office there is little time for work and caring about anything else but their "ego-centric" self. It is not their fault entirely- it's our system that creates it by our Representatives having to be campaigning all the time. This includes the President, who is constantly having to be on the road for other candidates in his/her party . "Show me the Money" is the name of the game and the players are the Bankers and Large Corporations who supply what they need quickly, which also leads to unholy self-serving friendships ie: "It's just business". Who you know is what counts. Not a shocker for me.
I look forward to reading Mr. Sheer's book.
Was this comment helpful? | Yes | No
(7 of 13 readers found this comment helpful)
View all 3 comments

Product Details

ISBN:
9781568584348
Subtitle:
How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street
Author:
Scheer, Robert
Publisher:
Nation Books
Subject:
Finance
Subject:
Banks & Banking
Subject:
Economic Conditions
Subject:
Business-Banking
Copyright:
Edition Description:
Trade Paper
Publication Date:
20100907
Binding:
Paperback
Grade Level:
from 9
Language:
English
Pages:
304
Dimensions:
8.25 x 5.5 in
Age Level:
from 18

Other books you might like

  1. Real Ponies Don't Go Oink!
    Used Trade Paper $4.50
  2. Night the Bear Ate Goombaw Used Hardcover $6.95
  3. Rubber legs and white tail-hairs Used Trade Paper $4.95

Related Subjects

Arts and Entertainment » Music » General
Business » Accounting and Finance
Business » Banking
Business » Business Law
Business » General
Business » Management
Business » Writing
History and Social Science » Economics » General
History and Social Science » Economics » US Economy

The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street Used Trade Paper
0 stars - 0 reviews
$10.95 In Stock
Product details 304 pages Nation Books - English 9781568584348 Reviews:
"Synopsis" by ,
A muckraking exposé of the bipartisan origins of our greatest financial scandal
"Synopsis" by ,
A legendary journalist exposes how the very architects of our financial calamity now engineer the recovery program
"Synopsis" by ,
In The Great American Stick-Up, long-time Los Angeles Times columnist and Truthdig Editor-in-Chief Robert Scheer has a controversial thesis: the great financial meltdown, the crash widely regarded as the result of extraordinary circumstances, is, at its heart, an old-fashioned swindle. The architects of our financial calamity knew what they were doing, and now they are the figures anointed with the task of repairing the damage by the Obama administration.

A veteran reporter with exclusive access to whistleblowers, Scheer reveals how Ronald Reagan, Bill Clinton, Larry Summers, Robert Rubin, Phil Gramm, and others colluded in the fundamental corruption of our economic system. The shocking twist is that the prelude to the meltdown was not due to astonishing misuses of power—but rather the clandestine business of business as usual—and these are the figures still in charge of our financial destiny.

"Synopsis" by ,
The Great American Stick-Up exposes the bipartisan group who have played a formative role in shaping the financial collapse, yet still remain below the media radar for the part they played. They are the ultra-power couple of Phil and Wendy Gramm, whose roles in the private sector and government have pushed for the wholesale deregulation of the banking sector for two decades; two former leaders of Goldman Sachs, Robert Rubin and Henry Paulson; and former Treasury Secretary Lawrence Summers. These figures paved the way for the great banking meltdown of 2008.

The story of this group provides a vivid framework to understand the web of moneyed influence that threatens Americas future. It shows that the events of the previous year could have been anticipated, and that there are culprits responsible who continue to wield enormous power over our lives.

spacer
spacer
  • back to top
Follow us on...




Powell's City of Books is an independent bookstore in Portland, Oregon, that fills a whole city block with more than a million new, used, and out of print books. Shop those shelves — plus literally millions more books, DVDs, and gifts — here at Powells.com.