Throw Them All Out How Politicians and Their Friends Get Rich off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison
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Description: How is it that politicians often enter office with relatively modest assets, yet then, as investors, regularly beat the market and sometimes beat the most rapacious hedge funds? How is it that billionaires and hedge fund managers often make well-timed investment decisions that anticipate events in Washington? Welcome to crony capitalism. In this timely book, Peter Schweizer exposes Washington's epidemic of "honest graft." Members of Congress trade stocks based on privileged information. They insert earmarks into bills to improve their own real estate holdings. Campaign contributors receive billions in federal grants. And it's all perfectly legal. Throw Them All Out, now with a new Afterword, casts light into the darkest corners of the political system — and offers ways to clean house.
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All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.
List price: $15.95
Copyright year: 2011
Publisher: Houghton Mifflin Harcourt Publishing Company
Publication date: 8/7/2012
Size: 5.25" wide x 8.25" long x 0.75" tall
Peter Schweizer is lives in Palo Alto, California.
|List of Illustrations|
|The Drag Trade|
|Crisis for All, Opportunity for Some|
|IPOs: Invest in Politicians Often|
|This Land Is My Land|
|Spreading the Wealth … to Billionaires|
|Warren Buffett: Baptist and Bootlegger|
|Cronies on Parade: Hedge Funds, Defense Contractors, Colleges, Big Oil … and George Soros|
|Breaking the Back of Crony Capitalism|
|Some Are More Equal Than Others|
|Why This Matters|
|What Needs to Be Done|