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R**I
Outstanding Resource, the book is actively suppressed by leftist organizations.
Schwiezer presents a thorough assembly of facts, data, events, the interlocking regulatory effects and combines them to explain how the 2008 economic collapse was orchestrated by government politicians, political interests, negligence, elite interference and a reckless leftist agenda. I'd get a couple of copies of this missive, it's been actively suppressed by left wing interests (libraries, academic resources, media) because it exposes so much and so clearly how they collapsed the US economy and cost millions of individuals, businesses and institutions to loose between 12 and 22 TRILLION dollars and change the direction of the political landscape. Schwiezer is of course a serious, brilliant accomplished writer and journalist who is known for his depth and fact based writing. He is a conservative watch dog and does thorough well referenced work. This book is a great read and combines the chronology in a way that easily pieces together a complex set of event and actions to lay out the root causes of the global economic collapse.
K**E
Corruption everywhere!
It's a shame we run by party and not who is honest. I'll vote for Trump because he does what he says. Dems are so so crooked and liars. That's why they want Trump out...their cover up. This book proves how much the dems are ruining our young and country.
C**R
I have just started reading this book and I am ...
I have just started reading this book and I am shocked, dismayed, etc. by the amount of "theft" or any other term you might use with our Congress. It is difficult for me to realize that Congress is only thinking of themselves and not the people who put them in office. They write the laws so they can benefit what would be illegal for the rest of the people in the country. We have to have term limits; that might help put Congress back to work in governing this country. As a result, I have very little respect for all of them. It is a get rich quick scheme for them and they are always smiling - gee, I wonder why? Thank you Peter Schweizer for putting this information in print for all to read.
S**R
Enlightening
A must read for anyone who thinks the big banks and investment firms are solely to blame for the recession. Plenty of blame to go around but a lot has to be laid at the foot of the Federal government under certain administrations (plural!). Well researched.
D**S
Another Peter Schweizer Home Run
Once again Schweizer has hit a home run with this book. I wish every American would read and understand how the latest economic crisis (crash of 2008) was created BY OUR OWN GOVERNMENT and carried out in full cooperation with socialist/activist organizations like ACORN as a massive social engineering scheme to extract (more accurately, steal) wealth from private taxpayers and investors and transfer it to the bottom of the socioeconomic scale. The project, begun during the first Clinton administration, was, like all top-down socialist projects, doomed from the beginning to eventually implode. Government manipulation of free markets such as this immoral scheme ALWAYS ends in failure, hurting those most that it is 'intended' to help, and enriching the Wall Street cronies of governmental authorities in the process (think taxpayer bailouts of certain giant Wall Street firms). The worst of this situation is that nothing has been learned and nothing has changed: the government and the repeatedly taxpayer bailed-out Wall Street organizations are now in the process of building another 'bubble' that will also eventually collapse. A must read!
B**H
prejudices good and bad
Peter Schweizer has put together yet another eye opening, information and fact based tutorial about our social and economic state of affairs.He has arrayed the people, places, personalities, prejudices good and bad,and put them in a very clear perspective. We need more educators like Peter Schweizer. Thomas Jefferson said that our democracy depends on an educated populous. Let me just say, with our present system of knowledge distribution to our youth and general population and with the the grip that big business and the media have on our education, we are in deep stuff unless a great epiphany comes very soon to us all. Or those of "us" that survive the cull. Oh, and Happy New Year
R**Y
What they would have you believe is it was the predatory lending practices and toxic mortgages entered into by Wall street and s
Fascinating and incisive explanation of what really led up to the mortgage inspired financial crisis. Forget about reading the 2011 Financial Crisis Inquiry Report released by the National Commission on the Causes of the Financial and Economic Crisis in the United States. The Commission doesn't begin to touch on the real culprits of what occurred. What they would have you believe is it was the predatory lending practices and toxic mortgages entered into by Wall street and subprime lenders such as Countrywide ---- actions which nearly brought both our economy and much of the world to its gravest crisis since the Great Depression ---- was largely the fault of these financial actors. Schweitzer shows otherwise. It was the federal government especially under the auspices of liberal Democrats and Bill Clinton who were spurred on by left-wing activist groups to make housing ownership a new civil right that were largely at fault. It was their insistence through both overt and covert threats to the banking community that resulted in banks lending trillions of dollars to individuals who should never have received them. In addition to such agencies as HUD and the Justice Department it was all backed up guarantees from Freddie Mac and Fannie Mae and taxpayer support that underwrites their guarantees. The names of the real culprits are familiar: Ted Kennedy, Barney Frank, Robert Rubin, Janet Reno, Andrew Cuomo, Barack Obama, Nancy Pelosi, Charles Schumer and others. As Schweizer points out it may well happen again if not stopped.
S**N
The facts of the cause of the mortgage and banking crisis of 2008
Everyone has an opinion of the banks. Too many cry "Republican Greed"! Please read what actually led to the problems and how we are all threatened now. If you wonder how wealth is taken from the poor and transferred to the rich, this book describes the process. Under the Clinton Administration the government expedited the process. Until this information becomes general knowledge, there will be more governmentforced bubbles that the taxpayers have to pay for.
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