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How Wall Street Fleeces America Privatized Banking, Government Collusion and Class War
by Stephen Lendman
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SYNOPSIS
TABLE OF CONTENTS Capitalism and Freedom Unmasked
Greenspan's Dark Legacy A Short History of Government Handouts to Bankers and Other Corporate Favorites Quantitative Easing: Elixir or Poison? Fraud in Washington Obama's Anti-Populist Budget and Deficit Fix The Recession Is Over, the Depression Is Just Beginning Manipulation: How Markets Really Work Goldman Sachs: Master of the Universe
Financialization: The Rise of Casino Capitalism
Class Warfare Jeopardizing American Workers' Security Waging War on America's Workers Permanent Debt Bondage from America's Student Loan Racket On the Chopping Block: Social Security, Medicare and Medicaid The Federal Reserve Abolition Act Public Banking: An Idea Whose Time Has Come.
AUTHOR
Stephen Lendman is a writer and broadcaster. His work is exceedingly widely distributed online, with his articles carried on numerous listservs and websites such as Information Clearing House, Countercurrents, Rense, AltNews, Uruknet, Global Research, Counterpunch, and more. In early 2007, he began regular radio hosting, now The Progressive Radio News Hour on The Progressive Radio Network. He is co-author with J.J. Asongu of The Iraq Quagmire: The Price of Imperial Arrogance. He holds a BA from Harvard and an MBA from Wharton. Clarity Press, Inc.
http://www.claritypress.com Available on Amazon -
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REVIEWS "Stephen Lendman has been tireless in exposing the hidden forces behind the
news, on everything from political economy and human rights to social justice and workers’ rights. His writings draw from a wealth of knowledge and deep conviction. I’m delighted to see him tackle the problem of private banking and government collusion and what I believe is the key to the solution—public banking." ELLEN BROWN, Web of Debt
"Steve Lendman is one of America’s leading critics,whether it involves exposing collusion between Wall Street and Washington, the Obama regime’s support of the Israeli occupation of Palestine, or the frame-up of Muslim citizens by the attorney general. Fearless,thoroughly documented and judicious in his judgement, Lendman’s essays are a major contribution to the struggle for social justice in America." JAMES PETRAS
"I think this text is terrific, just what is needed, very clear, informative beyond most
people’s ken, easy to read, and of ultimate importance to steering economic and political recovery. The Capitalism and Freedom chapter is right in biopsy. The book just keeps on going with brilliant full exposure." JOHN McMURTRY Unequal Freedoms: The Global Market as an Ethical System "A comprehensive understanding of Wall Street's manipulations of markets, money and power to the detriment of working people everywhere is badly needed. Stephen Lendman's new book "How Wall Street Fleeces America, is the answer." PETER PHILLIPS
President Media Freedom Foundation/Project Censored "Stephen Lendman has written a brilliant, passionate, and humane analysis of
the current economic disarray in which we now live. Picking up where Thorstein Veblen left off, Lendman links our catastrophic economic situation to the robber- baron mentality in corporations and the failure of government to act as the enforcer of morality. His analysis is full of concrete illustrations of this latter-day barbarism, and is accessible to the everyday person, as well as intellectuals. This book should be required reading in business schools as well as Congress." STJEPAN G. MESTROVIC
Professor of Sociology, Texas A&M University "Stephen Lendman’s latest work covers a great many interconnected subjects
that affect not only the United States but everyone in the world. The aspect of investment in America today is shown to be nothing less then the robbing of the American people by a criminal syndicate, known as Wall Street, banking and the Federal Reserve. A good deal of this is based upon the Federal Reserve Act and the ability of major private banks to control American society. The players have turned the financial world into one vast casino and when the players lose large amounts of money the public is allowed to bail them out. This book digs deeply into many of the contributing parts of what is wrong with the financial system of America and the world today. Stephen Lendman has a great gift for writing and research and all his readers are the beneficiaries.." BOB CHAPMAN Editor of the International Forecaster "Stephen Lendman has a breadth and depth of understanding of world and national affairs virtually unmatched among other public intellectuals today. With this exceptional collection of reflections upon our financial and budgetary crises, he clarifies and illuminates the dark and obscure recesses of policies and programs that, although ostensibly intended to promote the interests of the people, all too often have the opposite effect, enriching and strengthening the wealthy at the taxpayer's expense. Let us hope this book will be followed by many more!" JAMES H. FETZER
McKnight Professor Emeritus, University of Minnesota Duluth ""Stephen Lendman is a true citizen journalist and scholar. After a long and successful business career, Lendman took it upon himself to use his retirement as a springboard for a new career as an analyst of political economy. With great acumen, Lendman calls out economic charlatans and cuts straight through the core of so-called bull markets to tell the truth about how the powerful fleece the public on a daily basis. Lendman not only traces the history of the current financial calamity, he offers common sense advice on what we can do about it. A solid, fact-based read for anyone trying to make heads or tails of what's happening in today's economy." MICKEY HUFF
Associate Professor of History, Diablo Valley College Director, Project Censored "There are many descriptive, narrative accounts about Wall St. and the current
economic crisis available to readers today. But Stephen Lendman's new book takes the analysis far deeper than a simple narrative. Lendman emphasizes and focuses on the connections between Wall St. actions and the political system in Washington. How money operates on both sides of the street -- the banking and the political--is described in detail. The reader is left with a broader, deeper understanding of why the recent crisis happened and where it may well be headed. Most importantly, the author does not shirk from calling the outcomes of the Wall St.-Washington alliance for what it represents: the emergence of a new kind of class war in America. Readers will find of special interest his innovative views on banking and public banking. Lendman's book is definitely one not to be missed." DR. JACK RASMUS Professor of Economics, Santa Clara University Author: Epic Recession: Prelude to Global Depression |
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