Category: Crime (Corporate)

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Review (DVD): Inside Job

6 Star Top 10%, America (Founders, Current Situation), Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad), Congress (Failure, Reform), Crime (Corporate), Crime (Government), Culture, Research, Economics, Executive (Partisan Failure, Reform), Impeachment & Treason, Justice (Failure, Reform), Politics, Power (Pathologies & Utilization), Reviews (DVD Only), Secrecy & Politics of Secrecy, Threats (Emerging & Perennial), Voices Lost (Indigenous, Gender, Poor, Marginalized)
Amazon Page

Matt Damon (Narrator)

5.0 out of 5 stars 6+ Truth Not Reaching Most Americans

February 28, 2011

AFTERTHOUGHT: What Wall Street greed did to the economy with the aid of its corrupt US Government enablers, the US Government did to US society and to global stability, spending trillions a year on the wrong things for the wrong reasons. See my chapter on “Paradigms of Failure” in the book (both here at Amazon and free online) ELECTION 2008: Lipstick on the Pig.

The other reviews are very good and I strongly recommend that whether or not you buy or rent the DVD (or watch it in a hotel as I have just done), that you read all the reviews, especially those that provide summary detail.

For myself, this movie is most extraordinary for the manner in which it pieces together the story to include very compelling interviews with many of the culprits including professors of economics who themselves were corrupted. Those who declined to be interviewed, including Laura Tyson, Paulson, Geithner, Greenspan, Summers, and a few others, are the worst of the culprits.

Compellingly–and consistent with all my reading on the two-party tyranny and the corruption of the US Government–the film is especially strong in showing with absolute clarity that the Obama Administration has been, if anything, more of a Wall Street front than any prior administration. “Nobody's gone to jail.” Worse, there have been no serious investigations. The US Government is NOT representing the public interest.

My focus with this review is to point to ten books that I have reviewed in summary form:

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Review (Guest): Files on JFK

5 Star, Atrocities & Genocide, Banks, Fed, Money, & Concentrated Wealth, Congress (Failure, Reform), Corruption, Crime (Corporate), Crime (Government), Culture, Research, Empire, Sorrows, Hubris, Blowback, Executive (Partisan Failure, Reform), Impeachment & Treason, Intelligence (Government/Secret), Justice (Failure, Reform), Politics, Power (Pathologies & Utilization), Secrecy & Politics of Secrecy, Threats (Emerging & Perennial), Truth & Reconciliation, Values, Ethics, Sustainable Evolution
Amazon Page

Wim Dankbaar

5.0 out of 5 stars The trees in the forest will now begin to fall

March 4, 2006

By Herbert L Calhoun “paulocal” (Falls Church, VA USA) – See all my reviews
(TOP 500 REVIEWER) (REAL NAME)

In the realm of JFK assassination investigations: lore, irrefutable facts, fiction “factions” and myths, all often compete side-by-side for the right to be accepted. The reader is thus forced to develop a finely tuned “crap-detection system” in order to sort out one from the other.

It is no different in this manuscript produced by Wim Dankbaar, which, as it introduces a new kind of medium (“the investigative internet book”), also blazes its own fresh trail of validated facts in pursuit of uncovering the “real” culprits of the JFK whodunit.

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Review: Prophets of War–Lockheed Martin and the Making of the Military-Industrial Complex

4 Star, Capitalism (Good & Bad), Congress (Failure, Reform), Corruption, Crime (Corporate), Crime (Government), Culture, Research, Economics, Empire, Sorrows, Hubris, Blowback, Executive (Partisan Failure, Reform), Force Structure (Military), Impeachment & Treason, Intelligence (Government/Secret), Military & Pentagon Power, Misinformation & Propaganda, Politics, Power (Pathologies & Utilization), Public Administration, Science & Politics of Science, Secrecy & Politics of Secrecy, Security (Including Immigration), Stabilization & Reconstruction, Strategy, Threats (Emerging & Perennial), True Cost & Toxicity, War & Face of Battle
Amazon Page

William Hartung

4.0 out of 5 stars Final Review: Boring, Limited, Not for General Audience

January 3, 2011

After reading this book, which I found to be extremely boring, I have to give Pierre Sprey very high marks for his substantive contributions to the C-SPAN Book interview of the author. My summary of that interview is therefore an important part of my summary of this book. It can be seen at Phi Beta Iota the Public Intelligence Blog by searching for the two names Pierre Sprey William Hartung without quotes or brackets.

I reduce the book to four from five stars because it is a lazy book–no charts, no maps, just a blast of names and dates and numbers–VERY boring. However righteous, this book could have been much better.

Comments:

+ 29B per year in revenue from the Pentagon, probably is low number, is not that much.

+ Lockheed grossly exaggerates job numbers and refuses to back them up.

+ Lockheed wins with low bids and the Pentagon acquisition folks are so inept or politically influenced they accept that.

+ Lockheed is the poster child for a broken acquisition system–quite right–that does not make them the bad guys.

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Review (Guest): Web of Debt–The Shocking Truth About Our Money System

5 Star, America (Founders, Current Situation), Atrocities & Genocide, Budget Process & Politics, Capitalism (Good & Bad), Complexity & Catastrophe, Congress (Failure, Reform), Corruption, Crime (Corporate), Crime (Government), Culture, Research, Economics, Executive (Partisan Failure, Reform), Impeachment & Treason, Intelligence (Commercial), Misinformation & Propaganda, Peace, Poverty, & Middle Class, Politics, Power (Pathologies & Utilization), Public Administration, Secrecy & Politics of Secrecy, Threats (Emerging & Perennial), True Cost & Toxicity, Truth & Reconciliation
Amazon Page

Ellen Hodgson Brown

5.0 out of 5 stars Follow the Yellow Brick Road… to comprehend a financial system on the brink of collapse

September 16, 2007

By GK (Bay Area, CA) – See all my reviews

I have been researching this topic myself for four or five years now and am familiar with almost every other book in this genre, and I can unequivocally say that this is now the definitive work on the world's financial and banking system, the history of money and power in Western civilization, and the dire prognosis for our economy and our personal freedoms, in general, as a result. It is vastly superior to “The Creature from Jekyll Island”, to compare it to one other fine book on the subject that is now outdated, both in terms of its complete historical coverage, as well as a completely up to date perspective on recent financial history and a deeply insightful analysis of our current debt crisis, why it was let out of control, and who would benefit from its ultimate unwinding. Quite frankly, looking back four to five years from now, this could be the most profound non-fiction work of our times. Robert Hemphill, Credit Manager for the Federal Reserve Bank in Atlanta, when speaking on the same topic as this book, stated, “It is the most important subject intelligent persons can investigate and reflect upon.” I couldn't agree more, and even encourage many unintelligent persons to give it a go. The mechanics of money and finance have a profound affect on every person's life and well being, and is inextricably linked to the fabric of our society and our freedom. Yet it is almost completely ignored and poorly understood by the common man. As Henry Ford said, “It is well that the people of this nation do not understand our banking and monetary system, for if they did, I believe there would be revolution before tomorrow morning.” It's time we all started to understand what's been going on and how it will affect our immediate future.

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Review (Guest): ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism

5 Star, America (Founders, Current Situation), Capitalism (Good & Bad), Congress (Failure, Reform), Crime (Corporate), Crime (Government), Culture, Research, Democracy, Economics, Education (General), Education (Universities), Executive (Partisan Failure, Reform), Politics, Power (Pathologies & Utilization), Public Administration, Secrecy & Politics of Secrecy, Threats (Emerging & Perennial), True Cost & Toxicity, Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized)
Amazon Page

Yves Smith

Product Description

Why are we in such a financial mess today?Ā  There are lots of proximate causes: over-leverage, global imbalances, bad financial technology that lead to widespread underestimation of risk.
But these are all symptoms. Until we isolate and tackle fundamental causes, we will fail to extirpate the disease.Ā  ECONned is the first book to examine the unquestioned role of economists as policy-makers, and how they helped create an unmitigated economic disaster.

Here, Yves Smith looks at how economists in key policyĀ positions put doctrine before hard evidence, ignoring the deteriorating conditions and rising dangers that eventually led them, and us, off the cliff and into financial meltdown.Ā  Intelligently written for the layman, Smith takes us on a terrifying investigation of the financial realm over the lastĀ twenty-five years of misrepresentations, naive interpretations of economic conditions, rationalizations of bad outcomes, and rejection of clear signs of growing instability.

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Review (Guest): The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street

5 Star, America (Founders, Current Situation), Atrocities & Genocide, Capitalism (Good & Bad), Congress (Failure, Reform), Corruption, Crime (Corporate), Crime (Government), Economics, Executive (Partisan Failure, Reform), Impeachment & Treason, Justice (Failure, Reform), Misinformation & Propaganda, Peace, Poverty, & Middle Class, Politics, Power (Pathologies & Utilization), Public Administration, Secrecy & Politics of Secrecy, Threats (Emerging & Perennial), True Cost & Toxicity
Amazon Page

Robert Scheer

5.0 out of 5 stars The great American Stickup

September 8, 2010

In this book, “deregulation” is a four-letter word: a synonym for leaving the U.S. taxpayer, U.S. markets and the U.S. reputation wide open to greedy mindless homegrown plutocrats. In short, it is a synonym for leaving the nation vulnerable to conscienceless unpatriotic Wall Street thieves.

Here in easy to understand language, Robert Scheer has pealed back the layers that cover up the whole stinking mess that has become “stripped-down vulnerable deregulated America.” The method of robbery is basically a five-step political process: (1) “demagog” FDR and all existing regulations relentlessly as the enemy of free enterprise; (2) use paid lobbyist to help justify, tear-down and then rewrite new regulations; (3) use lobbyists' contributions to buy off the votes of key politicians in both parties to open up the laws for the impending thievery; (4) once legislation is passed, oversee the Wall Street financial casino with watchdogs that do not watch; and then (5) appoint members of the plutocracy who stand to gain the most, as facilitators and the palace guards of policy.

The present system of “high-level state sanctioned grand larceny” was designed and implemented, not by Ronald Reagan, or GW Bush, but by William Jefferson Clinton with the help of none other than the gang of four — Timothy Geitner, Robert Rubin, Alan Greenspan, and Lawrence Summers. However, the unsung hero of the grand heist, was Windy Lee Gramm, senator Phil Gramm's paramour and then wife, (who as a grad student was first his lover and then very quickly his wife). It was this “devious duo” that engineered the plans for the ultimate robbery of the American economic system.

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Review: The Two Trillion Dollar Meltdown–Easy Money, High Rollers, and the Great Credit Crash

5 Star, America (Founders, Current Situation), Atrocities & Genocide, Capitalism (Good & Bad), Complexity & Catastrophe, Congress (Failure, Reform), Corruption, Crime (Corporate), Crime (Government), Culture, Research, Executive (Partisan Failure, Reform), Impeachment & Treason, Intelligence (Commercial), Intelligence (Public), Misinformation & Propaganda, Nature, Diet, Memetics, Design, Peace, Poverty, & Middle Class, Philosophy, Politics, Power (Pathologies & Utilization), Priorities, Secession & Nullification, Secrecy & Politics of Secrecy, Threats (Emerging & Perennial), Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized), Water, Energy, Oil, Scarcity
Amazon Page

Charles R. Morris

5.0 out of 5 stars Forward to Future of Capitalism and GRIFTOPIA

November 8, 2010

This book was flagged to my attention in the Comments section of my own review of Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America, where my review includes the following quote that I share here:

QUOTE (32): What has taken place over the last generation is a highly complicated merger of crime and policy, of stealing and government. Far from taking care of the rest of us, the financial leaders of America and their political servants have seemingly reached the cynical conclusion that our society is not work saving and have taken on a new mission that involved not creating wealth for us all, but simply absconding with whatever wealth remains in our hollowed out economy. They don't feed us, we feed them.

I defer to the other reviewers on the substance of the book, but want to provide links here to several books that address the larger context of the soul of capitalism and the corruption of the two political parties that have undermined the US Government and US economy with malice aforethought.

Capitalism:
The Battle for the Soul of Capitalism
The Betrayal of American Prosperity: Free Market Delusions, America's Decline, and How We Must Compete in the Post-Dollar Era
The Soul of Capitalism: Opening Paths to a Moral Economy
The Genius of the Beast: A Radical Re-Vision of Capitalism

Corrupt Two-Party Tyranny
Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It
Grand Illusion: The Myth of Voter Choice in a Two-Party Tyranny
Election 2008: Lipstick on the Pig (Substance of Governance; Legitimate Grievances; Candidates on the Issues; Balanced Budget 101; Call to Arms: Fund We Not Them; Annotated Bibliography)
The Broken Branch: How Congress Is Failing America and How to Get It Back on Track (Institutions of American Democracy)
Breach of Trust: How Washington Turns Outsiders Into Insiders

I am blogging twice a week at Huffington Post on what a Virtual Cabinet doing sane evidence-driven policies in the context of a balanced responsible budget might look like, and would welcome visits there by those interested in getting back to honest government and responsible capitalism.