Tuesday, January 10, 2012

Throw Them All Out by Peter Schweizer

I am reading a book called Throw Them All Out that was written by Peter Schweizer. It is the story of our political system at work and getting RICH while doing it. :-( I think everyone should read this one.

The link above points to it on www.amazon.com and below is the description of it as quoted from Amazon.
"One of the biggest scandals in American politics is waiting to explode: the full story of the inside game in Washington shows how the permanent political class enriches itself at the expense of the rest of us. Insider trading is illegal on Wall Street, yet it is routine among members of Congress. Normal individuals cannot get in on IPOs at the asking price, but politicians do so routinely. The Obama administration has been able to funnel hundreds of millions of dollars to its supporters, ensuring yet more campaign donations. An entire class of investors now makes all of its profits based on influence and access in Washington. Peter Schweizer has doggedly researched through mountains of financial records, tracking complicated deals and stock trades back to the timing of briefings, votes on bills, and every other point of leverage for politicians in Washington. The result is a manifesto for revolution: the Permanent Political Class must go."

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