The title of this review provides a humorous take on Peter Schweitzer's findings and tone.
This book is organized by methods that elected officials and others connected to them can legally earn more money. I never imagined anything like this, that's how naive I must be.
Schweizer addresses this question: How do some top politicians exit office with millions more than credible based on their salaries and perhaps some patient investing? Nobody that I know of has taken on this question until Throw Them All Out was published.
Many legally enrich themselves through earmarks, real estate deals, securities violations, trading on inside information, self-dealing with stimulus funds and literally every budget item. That's a brief summary. It's not all politicians though.
Peter Schweizer has compiled a lot of data to make a compelling argument that the status quo in federal government desperately needs to be changed.
The book has three sections. Part One, Congressional Cronies, has 4 chapters that show how members of Congress exploit their power and the absence of adequate rules to inappropriately enrich themselves. Members of both parties are criticized, but there are more examples of Democrats than Republicans because Democrats had majorities in both the House and the Senate from 2007 through 2010, when this book was being researched.
Part Two, Capitalist Cronies, has 3 chapters that deal with businessmen who use their political connections to get unfair advantages over competitors. Part Two has a lot to say about the stimulus programs of 2008 and 2009 and shows many examples of maximum stimulus dollars being spent to create a minimum number of jobs. One example is a $100 million grant to the Basin Electric Power...
Forget throwing the current members of Congress out; they will need to be dragged out kicking and screaming. Schweizer's book drops your jaw with the turn of every page while the phrase "they did what?!?" will be flying out of your mouth outloud. Whether you are a political junky, a new-comer, or a casual observer, this manuscript reads near to fiction. The audience will not believe what are elected representatives have been up to when it comes to their personal wealth and how they bend the rules to achieve their goals. The laws that imprison a private citizen are not applicable to elected officials. You may be asking how that is possible; simple. They exempted themselves from the rules!
Schweizer comes out swinging and goes the full twelve rounds without breaking a sweat. Now the winner of the match will be determined by the judges; the American voter. While the majority of working families watched the stock market dive, rise, and then drop drastically again, those hard...
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