Thursday, March 03, 2011

The Great American Bank Robbery

My husband just told me he's been listening, as he often does, to The Dennis Prager Show and Dennis was interviewing the author (Paul Sperry) of The Great American Bank Robbery.

This is the classic story of the fox guarding the hen house, folks, and they're not done with us yet:
The average American household lost $123,000 in wealth during the financial crisis. The Financial Crisis Inquiry Commission says Wall Street stole it, appearing to confirm the narrative told by countless politicians, economists, and pundits.

The verdict seems unanimous. In fact, it's unanimously wrong. The masterminds behind the biggest heist in history were radical social engineers on Pennsylvania Avenue, not financial engineers on Wall Street.

The Great American Bank Robbery offers the first careful and thorough analysis of public policy's role in the calamity. With stinging clarity, it indicts the real culprits--many of whom have returned to the scene of the crime in Washington. Now they're planning an even bigger heist in the name of "economic justice."
Veteran financial newsman Sperry's seminal research and hard-hitting reporting blows the lid off the subprime scandal. Robbery contains more than 50 pages of footnotes, data tables, and charts backing up its numerous revelations.

Forewarned is forearmed:



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