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Asserts that Ronald Reagan, Bill Clinton, Larry Summers, Robert Rubin, Phil Gramm and others colluded in the fundamental corruption of the U.S. economic system that led to the financial crisis and sounds the alarm over the Obama administration consulting some of these very same men to fix the problem they created. Original.
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.
Randol Contreras came of age in the South Bronx during the 1980s, a time when the community was devastated by cuts in social services, a rise in arson and abandonment, and the rise of crack-cocaine. For this riveting book, he returns to the South Bronx with a sociological eye and provides an unprecedented insiderÕs look at the workings of a group of Dominican drug robbers. Known on the streets as ÒStickup Kids,Ó these men raided and brutally tortured drug dealers storing large amounts of heroin, cocaine, marijuana, and cash. As a participant observer, Randol Contreras offers both a personal and theoretical account for the rise of the Stickup Kids and their violence. He mainly focuses on the lives of neighborhood friends, who went from being crack dealers to drug robbers once their lucrative crack market opportunities disappeared. The result is a stunning, vivid, on-the-ground ethnographic description of a drug robberyÕs violence, the drug market high life, the criminal life course, and the eventual pain and suffering experienced by the casualties of the Crack Era. Provocative and eye-opening, The Stickup Kids urges us to explore the ravages of the drug trade through weaving history, biography, social structure, and drug market forces. It offers a revelatory explanation for drug market violence by masterfully uncovering the hidden social forces that produce violent and self-destructive individuals. Part memoir, part penetrating analysis, this book is engaging, personal, deeply informed, and entirely absorbing.
They Know Everything About You is a groundbreaking expos' of how government agencies and tech corporations monitor virtually every aspect of our lives, and a fierce defense of privacy and democracy. The revelation that the government has access to a vast trove of personal online data demonstrates that we already live in a surveillance society. But the erosion of privacy rights extends far beyond big government. Intelligence agencies such as the NSA and CIA are using Silicon Valley corporate partners as their data spies. Seemingly progressive tech companies are joining forces with snooping government agencies to create a brave new world of wired tyranny. Life in the digital age poses an unprecedented challenge to our constitutional liberties, which guarantee a wall of privacy between the individual and the government. The basic assumption of democracy requires the ability of the individual to experiment with ideas and associations within a protected zone, as secured by the Constitution. The unobserved moment embodies the most basic of human rights, yet it is being squandered in the name of national security and consumer convenience. Robert Scheer argues that the information revolution, while a source of public enlightenment, contains the seeds of freedom's destruction in the form of a surveillance state that exceeds the wildest dream of the most ingenious dictator. The technology of surveillance, unless vigorously resisted, represents an existential threat to the liberation of the human spirit.
A New York Times best-selling call to arms from Nobel Prize–winning economist Paul Krugman. The Great Recession is more than four years old—and counting. Yet, as Paul Krugman points out in this powerful volley, "Nations rich in resources, talent, and knowledge—all the ingredients for prosperity and a decent standard of living for all—remain in a state of intense pain." How bad have things gotten? How did we get stuck in what now can only be called a depression? And above all, how do we free ourselves? Krugman pursues these questions with his characteristic lucidity and insight. He has a powerful message for anyone who has suffered over these past four years—a quick, strong recovery is just one step away, if our leaders can find the "intellectual clarity and political will" to end this depression now.
The revised and updated edition of our popular guide reinforces and expands the messages of the Stick Up for Yourself! with a step-by-step curriculum in ten easy-to-use sessions. Includes reproducible handout masters.
Defines giftedness and discusses special quirks and problems that arise living with a gifted child, from a lack of neatness to the "too-smart mouth," and explains how parents can find the right programs and make school as rewarding as possible for gifted children.
A cold, hard look at how modern economics has failed us and why we need a new measure of progress Modern economics has fallen short. It has widened the gap between rich and poor. It has not allocated the world's resources fairly. It has brought the West to the brink of financial ruin. It has placed short-term gain before long-term progress. And it has made us focus on the individual, not the society. The end result is a worldwide financial crisis of epic proportions and a planet being scraped clean of the resources needed by future generations, and things are only getting worse. In The End of Progress: How Modern Economics Has Failed Us popular economist Graeme Maxton looks at what went wrong, and what we can do to get ourselves back on track. During the Age of Enlightenment society flourished, propelled by the wonder of new discoveries, radical ideas for economic and social development, and a sense that we all had a responsibility to improve our world. It's time to get back to those ideals, step back and examine our values, and work out what humankind really needs. Presents a chilling look at our current financial system along with a compelling argument for what we need to change Argues for new measures of progress that emphasize what really matters, not personal greed Offers a timely look at our broken society and where we're headed next A thought-provoking, informative book, The End of Progress looks at what got us into our present mess, and shines light onto the road ahead.
Robert B. Reich makes a powerful case for the expansion of America’s moral imagination. Rooting his argument in common sense and everyday reality, he demonstrates that a common good constitutes the very essence of any society or nation. Societies, he says, undergo virtuous cycles that reinforce the common good as well as vicious cycles that undermine it, one of which America has been experiencing for the past five decades. This process can and must be reversed. But first we need to weigh the moral obligations of citizenship and carefully consider how we relate to honor, shame, patriotism, truth, and the meaning of leadership. Powerful, urgent, and utterly vital, this is a heartfelt missive from one of our foremost political thinkers.
“Go Fish is that rarest of creatures: an essential collection of political cartoons.” —David Rees, author of Get Your War On This volume of cartoons from the revered Mr. Fish (aka Dwayne Booth) spans politics, popular culture, economic disaster, and much more, and nobody—right, left, or middle—is safe from his razor-edged satire. Included are cartoons never previously published as well as original essays by Mr. Fish, whose work has appeared in such venues as Harper’s Magazine, Truthdig, the Los Angeles Times, TheAtlantic, and Vanity Fair. “Fish’s work makes you want to do something—even if you’re not entirely sure what that something is—to change things for the better, and the feeling stays with you long after the book is closed.” —Verbicide Magazine “A vibrant example of political cartooning as it is practiced at its heights. . . . Anyone who thinks political cartooning is stale need only take a closer look at this body of work. . . . Certifiably brilliant.” —Los Angeles Review of Books