Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street
by Charles Gasparino
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Description
As the recession continues, President Barack Obama has chastised the "fat cats" who feast off government bailout money while unemployment remains high and smaller businesses struggle.But according to business reporter Charles Gasparino, Obama is faking his outrage, and his calls for new policies to rein in banks that are "too big to fail" are just pabulum. In reality, Obama has climbed into bed with Wall Street CEOs, giving them what they want so they will support his liberal, big-government show more agenda. As a result, the big banks responsible for the credit crisis get rescued, while small businesses and ordinary Americans get crushed by higher taxes and irresponsible spending.Gasparino draws on interviews with dozens of key CEOs and political players to trace the roots of Wall Street's twisted love affair with one of the most liberal presidents in American history. He shows how, for decades, big banks and big business have colluded with big government, thereby laying the groundwork for today's shady dealings, and how the same bankers Obama now publically reprimands have supported him-not because he promises change, but because he promises business.Written in Gasparino's characteristic no-nonsense style, this book is a wake-up call to all Americans to strike back against the people and policies that are ruining our country. show lessTags
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Member Reviews
Sometimes you meet someone new and things just click, his or her basic humanity appeals to you and you know you could be the closest of buddies. None of the characters you meet in this expose will cause even a frisson of recognition and if you do recognize a kindred spirit, be sure I don't want to know you. But then, you wouldn't care anyway, because you're either concerned about being elected or which hand to use to move the puppet. . Jeff Dunham's Ahmed's death threats, at least, are funny; Gasparino's description of the antics of the puppets in Washington and the puppet masters on Wall Street will scare you to death because there's no cure.
"The most convincing explanation I've seen of the background behind the Obama Administration's economic policies and decisions.
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Author Information
8 Works 323 Members
Charles Gasparino is a senior correspondent for Fox Business Network, a columnist for the Daily Beast and the New York Post, and a freelance writer for Forbes and other publications. Previously, he was the on-air editor for CNBC and wrote for Newsweek and the Wall Street Journal. He is the author of Blood on the Street, which was listed by show more Barron's as one of the Best Business Books of 2005, and King of the Club, which Library Journal named one of the Best Business Books of 2007. show less
Classifications
- Genres
- Economics, Nonfiction, Business, Politics and Government, General Nonfiction
- DDC/MDS
- 330.973 — Society, Government, and Culture Economics Jobs & Careers Economic geography and history North America United States
- LCC
- HC106.84 .G37 — Social sciences Economic history and conditions Economic history and conditions By region or country
- BISAC
Statistics
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- 26
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- Reviews
- 2
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- (4.33)
- Languages
- English
- Media
- Paper, Audiobook
- ISBNs
- 4
- ASINs
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