The Wolves of K Street

The Wolves of K Street

Author: Brody Mullins

Publisher: Simon and Schuster

Published: 2024-05-07

Total Pages: 624

ISBN-13: 1982120592

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Two veteran investigative journalists trace the rise of the modern lobbying industry through the three dynasties—one Republican, two Democratic—that have enabled corporate interests to infiltrate American politics and undermine our democracy. On K Street, a few blocks from the White House, you’ll find the offices of the most powerful men in Washington. In the 1970s, the city’s center of gravity began to shift away from elected officials in big marble buildings to a handful of savvy, handsomely paid operators who didn’t answer to any fixed constituency. The cigar-chomping son of a powerful Congressman, an illustrious political fixer with a weakness for modern art, a Watergate-era dirty trickster, the city’s favorite cocktail party host…these were the sorts of men who now ran Washington. Over four decades, they’d chart new ways to turn their clients’ cash into political leverage, abandoning favor-trading in smoke-filled rooms for increasingly sophisticated tactics like “shadow lobbying,” where underground campaigns sparked seemingly organic public outcries to pressure lawmakers into taking actions that would ultimately benefit corporate interests rather than the common good. With billions of dollars at play, these lobbying dynasties enshrined in Washington a pro-business consensus that would guide the country’s political leaders—Democrats and Republicans alike—allowing companies to flourish even as ordinary Americans buckled under the weight of stagnant wages, astronomical drug prices, unsafe home loans, and digital monopolies. A good lobbyist could kill even a piece of legislation supported by the president, both houses of Congress, and a majority of Americans. Yet, nothing lasts forever. Amidst a populist backlash to the soaring inequality these lobbyists helped usher in, Washington’s pro-business alliance suddenly began to unravel. And while new ways for corporations to control the federal government would emerge, the men who’d once built K Street found themselves under legal scrutiny and on the verge of financial collapse. One had his namesake firm ripped away by his own colleagues. Another watched his business shut down altogether. One went to prison. And one was found dead behind the 18th green of an exclusive golf club, with a bottle of $1,500 wine at his feet and a bullet in his head. A dazzling and infuriating portrait of fifty years of corporate influence in Washington, The Wolves of K Street is a masterpiece of narrative nonfiction—irresistibly dramatic, spectacularly timely, explosive in its revelations, and absolutely impossible to put down.


Book Synopsis The Wolves of K Street by : Brody Mullins

Download or read book The Wolves of K Street written by Brody Mullins and published by Simon and Schuster. This book was released on 2024-05-07 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two veteran investigative journalists trace the rise of the modern lobbying industry through the three dynasties—one Republican, two Democratic—that have enabled corporate interests to infiltrate American politics and undermine our democracy. On K Street, a few blocks from the White House, you’ll find the offices of the most powerful men in Washington. In the 1970s, the city’s center of gravity began to shift away from elected officials in big marble buildings to a handful of savvy, handsomely paid operators who didn’t answer to any fixed constituency. The cigar-chomping son of a powerful Congressman, an illustrious political fixer with a weakness for modern art, a Watergate-era dirty trickster, the city’s favorite cocktail party host…these were the sorts of men who now ran Washington. Over four decades, they’d chart new ways to turn their clients’ cash into political leverage, abandoning favor-trading in smoke-filled rooms for increasingly sophisticated tactics like “shadow lobbying,” where underground campaigns sparked seemingly organic public outcries to pressure lawmakers into taking actions that would ultimately benefit corporate interests rather than the common good. With billions of dollars at play, these lobbying dynasties enshrined in Washington a pro-business consensus that would guide the country’s political leaders—Democrats and Republicans alike—allowing companies to flourish even as ordinary Americans buckled under the weight of stagnant wages, astronomical drug prices, unsafe home loans, and digital monopolies. A good lobbyist could kill even a piece of legislation supported by the president, both houses of Congress, and a majority of Americans. Yet, nothing lasts forever. Amidst a populist backlash to the soaring inequality these lobbyists helped usher in, Washington’s pro-business alliance suddenly began to unravel. And while new ways for corporations to control the federal government would emerge, the men who’d once built K Street found themselves under legal scrutiny and on the verge of financial collapse. One had his namesake firm ripped away by his own colleagues. Another watched his business shut down altogether. One went to prison. And one was found dead behind the 18th green of an exclusive golf club, with a bottle of $1,500 wine at his feet and a bullet in his head. A dazzling and infuriating portrait of fifty years of corporate influence in Washington, The Wolves of K Street is a masterpiece of narrative nonfiction—irresistibly dramatic, spectacularly timely, explosive in its revelations, and absolutely impossible to put down.


The Wolves of K Street

The Wolves of K Street

Author: Brody Mullins

Publisher: Simon and Schuster

Published: 2024-05-07

Total Pages: 624

ISBN-13: 1982120614

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Two veteran investigative journalists trace the rise of the modern lobbying industry through the three dynasties—one Republican, two Democratic—that have enabled corporate interests to infiltrate American politics and undermine our democracy. On K Street, a few blocks from the White House, you’ll find the offices of the most powerful men in Washington. In the 1970s, the city’s center of gravity began to shift away from elected officials in big marble buildings to a handful of savvy, handsomely paid operators who didn’t answer to any fixed constituency. The cigar-chomping son of a powerful Congressman, an illustrious political fixer with a weakness for modern art, a Watergate-era dirty trickster, the city’s favorite cocktail party host…these were the sorts of men who now ran Washington. Over four decades, they’d chart new ways to turn their clients’ cash into political leverage, abandoning favor-trading in smoke-filled rooms for increasingly sophisticated tactics like “shadow lobbying,” where underground campaigns sparked seemingly organic public outcries to pressure lawmakers into taking actions that would ultimately benefit corporate interests rather than the common good. With billions of dollars at play, these lobbying dynasties enshrined in Washington a pro-business consensus that would guide the country’s political leaders—Democrats and Republicans alike—allowing companies to flourish even as ordinary Americans buckled under the weight of stagnant wages, astronomical drug prices, unsafe home loans, and digital monopolies. A good lobbyist could kill even a piece of legislation supported by the president, both houses of Congress, and a majority of Americans. Yet, nothing lasts forever. Amidst a populist backlash to the soaring inequality these lobbyists helped usher in, Washington’s pro-business alliance suddenly began to unravel. And while new ways for corporations to control the federal government would emerge, the men who’d once built K Street found themselves under legal scrutiny and on the verge of financial collapse. One had his namesake firm ripped away by his own colleagues. Another watched his business shut down altogether. One went to prison. And one was found dead behind the 18th green of an exclusive golf club, with a bottle of $1,500 wine at his feet and a bullet in his head. A dazzling and infuriating portrait of fifty years of corporate influence in Washington, The Wolves of K Street is a masterpiece of narrative nonfiction—irresistibly dramatic, spectacularly timely, explosive in its revelations, and absolutely impossible to put down.


Book Synopsis The Wolves of K Street by : Brody Mullins

Download or read book The Wolves of K Street written by Brody Mullins and published by Simon and Schuster. This book was released on 2024-05-07 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two veteran investigative journalists trace the rise of the modern lobbying industry through the three dynasties—one Republican, two Democratic—that have enabled corporate interests to infiltrate American politics and undermine our democracy. On K Street, a few blocks from the White House, you’ll find the offices of the most powerful men in Washington. In the 1970s, the city’s center of gravity began to shift away from elected officials in big marble buildings to a handful of savvy, handsomely paid operators who didn’t answer to any fixed constituency. The cigar-chomping son of a powerful Congressman, an illustrious political fixer with a weakness for modern art, a Watergate-era dirty trickster, the city’s favorite cocktail party host…these were the sorts of men who now ran Washington. Over four decades, they’d chart new ways to turn their clients’ cash into political leverage, abandoning favor-trading in smoke-filled rooms for increasingly sophisticated tactics like “shadow lobbying,” where underground campaigns sparked seemingly organic public outcries to pressure lawmakers into taking actions that would ultimately benefit corporate interests rather than the common good. With billions of dollars at play, these lobbying dynasties enshrined in Washington a pro-business consensus that would guide the country’s political leaders—Democrats and Republicans alike—allowing companies to flourish even as ordinary Americans buckled under the weight of stagnant wages, astronomical drug prices, unsafe home loans, and digital monopolies. A good lobbyist could kill even a piece of legislation supported by the president, both houses of Congress, and a majority of Americans. Yet, nothing lasts forever. Amidst a populist backlash to the soaring inequality these lobbyists helped usher in, Washington’s pro-business alliance suddenly began to unravel. And while new ways for corporations to control the federal government would emerge, the men who’d once built K Street found themselves under legal scrutiny and on the verge of financial collapse. One had his namesake firm ripped away by his own colleagues. Another watched his business shut down altogether. One went to prison. And one was found dead behind the 18th green of an exclusive golf club, with a bottle of $1,500 wine at his feet and a bullet in his head. A dazzling and infuriating portrait of fifty years of corporate influence in Washington, The Wolves of K Street is a masterpiece of narrative nonfiction—irresistibly dramatic, spectacularly timely, explosive in its revelations, and absolutely impossible to put down.


Summary of Brody Mullins & Luke Mullins's The Wolves of K Street

Summary of Brody Mullins & Luke Mullins's The Wolves of K Street

Author: Milkyway Media

Publisher: Milkyway Media

Published: 2024-08-11

Total Pages: 32

ISBN-13:

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Buy now to get the main key ideas from Brody Mullins & Luke Mullins's The Wolves of K Street The Wolves of K Street (2024) details the enduring power of corporate lobbying in Washington, DC. Journalists Brody Mullins and Luke Mullins trace the history of lobbying, focusing on the rise and fall of powerful firms since the 1970s. Their subjects include Tommy Podesta, Roger Stone, and Paul Manafort, whose controversial dealings spanned from Ronald Reagan’s era to Donald Trump’s campaign. The Mullins brothers reveal how lobbying has enabled businesses to shape American democracy. Even as new political realities emerge, lobbyists are managing to adapt and maintain their influence.


Book Synopsis Summary of Brody Mullins & Luke Mullins's The Wolves of K Street by : Milkyway Media

Download or read book Summary of Brody Mullins & Luke Mullins's The Wolves of K Street written by Milkyway Media and published by Milkyway Media. This book was released on 2024-08-11 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Buy now to get the main key ideas from Brody Mullins & Luke Mullins's The Wolves of K Street The Wolves of K Street (2024) details the enduring power of corporate lobbying in Washington, DC. Journalists Brody Mullins and Luke Mullins trace the history of lobbying, focusing on the rise and fall of powerful firms since the 1970s. Their subjects include Tommy Podesta, Roger Stone, and Paul Manafort, whose controversial dealings spanned from Ronald Reagan’s era to Donald Trump’s campaign. The Mullins brothers reveal how lobbying has enabled businesses to shape American democracy. Even as new political realities emerge, lobbyists are managing to adapt and maintain their influence.


Servants of the Damned

Servants of the Damned

Author: David Enrich

Publisher: HarperCollins

Published: 2022-09-13

Total Pages: 416

ISBN-13: 0063142198

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National Bestseller "A powerful and important picture of how mega law firms distort justice."—David Cay Johnston, Washington Post The NYT's Business Investigations Editor reveals the dark side of American law: Delivering a "devastating" (Carol Leonnig) exposé of the astonishing yet shadowy power wielded by the world’s largest law firms, David Enrich traces how one firm shielded opioid makers, gun companies, big tobacco, Russian oligarchs, Fox News, the Catholic Church, and much of the Fortune 500; helped Donald Trump get elected, govern, and evade investigation; masterminded the conservative remaking of the courts . . . and make a killing along the way. In his acclaimed #1 bestseller Dark Towers, David Enrich presented the never-before-told saga of how Deutsche Bank became the global face of financial recklessness and criminality. Now Enrich turns his eye towards the world of “Big Law” and the nearly unchecked influence these firms wield to shield the wealthy and powerful—and bury their secrets. To tell this story, Enrich focuses on Jones Day, one of the world’s largest law firms. Jones Day’s narrative arc—founded in Cleveland in 1893, it became the first law firm to expand nationally and is now a global juggernaut with deep ties to corporate interests and conservative politics—is a powerful encapsulation of the changes that have swept the legal industry in recent decades. Since 2016, Jones Day has been in the spotlight for representing Donald Trump and his campaigns (and now his PACs)—and for the fleet of Jones Day attorneys who joined his administration, including White House Counsel Don McGahn. Jones Day helped Trump fend off the Mueller investigation and challenged Obamacare. Its once and future lawyers defended Trump’s Muslim ban and border policies and handled his judicial nominations. Jones Day even laid some of the legal groundwork for Trump to challenge the legitimacy of the 2020 election. But the Trump work is but one chapter in the firm’s checkered history. Jones Day, like many of its peers, have become highly effective enablers of the business world’s worst misbehavior. The firm has for decades represented Big Tobacco in its fight to avoid liability for its products. Jones Day worked tirelessly for the Catholic Church as it tried to minimize its sexual-abuse scandals. And for Purdue Pharma, the maker of OxyContin, as it sought to protect its right to make and market its dangerously addictive drug. And for Fox News as it waged war against employees who were the victims of sexual harassment and retaliation. And for Russian oligarchs as their companies sought to expand internationally. In this gripping and revealing new work of narrative nonfiction, Enrich makes the compelling central argument that law firms like Jones Day play a crucial yet largely hidden role in enabling and protecting powerful bad actors in our society, housing their darkest secrets, and earning billions in revenue for themselves.


Book Synopsis Servants of the Damned by : David Enrich

Download or read book Servants of the Damned written by David Enrich and published by HarperCollins. This book was released on 2022-09-13 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: National Bestseller "A powerful and important picture of how mega law firms distort justice."—David Cay Johnston, Washington Post The NYT's Business Investigations Editor reveals the dark side of American law: Delivering a "devastating" (Carol Leonnig) exposé of the astonishing yet shadowy power wielded by the world’s largest law firms, David Enrich traces how one firm shielded opioid makers, gun companies, big tobacco, Russian oligarchs, Fox News, the Catholic Church, and much of the Fortune 500; helped Donald Trump get elected, govern, and evade investigation; masterminded the conservative remaking of the courts . . . and make a killing along the way. In his acclaimed #1 bestseller Dark Towers, David Enrich presented the never-before-told saga of how Deutsche Bank became the global face of financial recklessness and criminality. Now Enrich turns his eye towards the world of “Big Law” and the nearly unchecked influence these firms wield to shield the wealthy and powerful—and bury their secrets. To tell this story, Enrich focuses on Jones Day, one of the world’s largest law firms. Jones Day’s narrative arc—founded in Cleveland in 1893, it became the first law firm to expand nationally and is now a global juggernaut with deep ties to corporate interests and conservative politics—is a powerful encapsulation of the changes that have swept the legal industry in recent decades. Since 2016, Jones Day has been in the spotlight for representing Donald Trump and his campaigns (and now his PACs)—and for the fleet of Jones Day attorneys who joined his administration, including White House Counsel Don McGahn. Jones Day helped Trump fend off the Mueller investigation and challenged Obamacare. Its once and future lawyers defended Trump’s Muslim ban and border policies and handled his judicial nominations. Jones Day even laid some of the legal groundwork for Trump to challenge the legitimacy of the 2020 election. But the Trump work is but one chapter in the firm’s checkered history. Jones Day, like many of its peers, have become highly effective enablers of the business world’s worst misbehavior. The firm has for decades represented Big Tobacco in its fight to avoid liability for its products. Jones Day worked tirelessly for the Catholic Church as it tried to minimize its sexual-abuse scandals. And for Purdue Pharma, the maker of OxyContin, as it sought to protect its right to make and market its dangerously addictive drug. And for Fox News as it waged war against employees who were the victims of sexual harassment and retaliation. And for Russian oligarchs as their companies sought to expand internationally. In this gripping and revealing new work of narrative nonfiction, Enrich makes the compelling central argument that law firms like Jones Day play a crucial yet largely hidden role in enabling and protecting powerful bad actors in our society, housing their darkest secrets, and earning billions in revenue for themselves.


A Wolf at the Schoolhouse Door

A Wolf at the Schoolhouse Door

Author: Jack Schneider

Publisher: The New Press

Published: 2023-03-07

Total Pages: 153

ISBN-13: 1620978121

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A trenchant analysis of how public education is being destroyed in overt and deceptive ways—and how to fight back In the “vigorous, well-informed” (Kirkus Reviews) A Wolf at the Schoolhouse Door, the co-hosts of the popular education podcast Have You Heard expose the potent network of conservative elected officials, advocacy groups, funders, and think tanks that are pushing a radical vision to do away with public education. “Cut[ing] through the rhetorical fog surrounding a host of free-market reforms and innovations” (Mike Rose), Jack Schneider and Jennifer Berkshire lay bare the dogma of privatization and reveal how it fits into the current context of right-wing political movements. A Wolf at the Schoolhouse Door “goes above and beyond the typical explanations” (SchoolPolicy.org), giving readers an up-close look at the policies—school vouchers, the war on teachers’ unions, tax credit scholarships, virtual schools, and more—driving the movement’s agenda. Called “well-researched, carefully argued, and alarming” by Library Journal, this smart, essential book has already incited a public reckoning on behalf of the millions of families served by the American educational system—and many more who stand to suffer from its unmaking. “Just as with good sci-fi,” according to Jacobin, “the authors make a compelling case that, based on our current trajectory, a nightmare future is closer than we think.”


Book Synopsis A Wolf at the Schoolhouse Door by : Jack Schneider

Download or read book A Wolf at the Schoolhouse Door written by Jack Schneider and published by The New Press. This book was released on 2023-03-07 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: A trenchant analysis of how public education is being destroyed in overt and deceptive ways—and how to fight back In the “vigorous, well-informed” (Kirkus Reviews) A Wolf at the Schoolhouse Door, the co-hosts of the popular education podcast Have You Heard expose the potent network of conservative elected officials, advocacy groups, funders, and think tanks that are pushing a radical vision to do away with public education. “Cut[ing] through the rhetorical fog surrounding a host of free-market reforms and innovations” (Mike Rose), Jack Schneider and Jennifer Berkshire lay bare the dogma of privatization and reveal how it fits into the current context of right-wing political movements. A Wolf at the Schoolhouse Door “goes above and beyond the typical explanations” (SchoolPolicy.org), giving readers an up-close look at the policies—school vouchers, the war on teachers’ unions, tax credit scholarships, virtual schools, and more—driving the movement’s agenda. Called “well-researched, carefully argued, and alarming” by Library Journal, this smart, essential book has already incited a public reckoning on behalf of the millions of families served by the American educational system—and many more who stand to suffer from its unmaking. “Just as with good sci-fi,” according to Jacobin, “the authors make a compelling case that, based on our current trajectory, a nightmare future is closer than we think.”


The Hill to Die on

The Hill to Die on

Author: Jake Sherman

Publisher: Crown Publishing Group (NY)

Published: 2019

Total Pages: 434

ISBN-13: 0525574743

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With control of both the House and Senate up for grabs in 2018 and the direction of the nation resting on the outcome, never has a more savage, unrelenting fight been waged in the raptor cage that is the U.S. congress. From the torrid struggle between the conservative Freedom Caucus and Speaker Paul Ryan for control of the house, to the sexual assault accusations against Court nominee Brett Kavanaugh that threw the Senate into turmoil, to the pitched battles across America in primaries, the road to the midterm election has been paved with chaos and intrigue. And that's before one considers that it's all refracted through the kaleidoscopic lens of President Trump, who can turn any situation on its head with just a single tweet. With inside access that ushers readers deep into the inner workings and hidden secrets of party leadership, Politco Playbook writers Anna Palmer and Jake Sherman trace the strategy and the impulsiveness, the deal-making and the backstabbing, in a blow-by-blow account of the power struggle roiling the halls of Congress. The Hill to Die On will be an unforgettable story of power and politics, where the stakes are nothing less than the future of America under Trump.


Book Synopsis The Hill to Die on by : Jake Sherman

Download or read book The Hill to Die on written by Jake Sherman and published by Crown Publishing Group (NY). This book was released on 2019 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: With control of both the House and Senate up for grabs in 2018 and the direction of the nation resting on the outcome, never has a more savage, unrelenting fight been waged in the raptor cage that is the U.S. congress. From the torrid struggle between the conservative Freedom Caucus and Speaker Paul Ryan for control of the house, to the sexual assault accusations against Court nominee Brett Kavanaugh that threw the Senate into turmoil, to the pitched battles across America in primaries, the road to the midterm election has been paved with chaos and intrigue. And that's before one considers that it's all refracted through the kaleidoscopic lens of President Trump, who can turn any situation on its head with just a single tweet. With inside access that ushers readers deep into the inner workings and hidden secrets of party leadership, Politco Playbook writers Anna Palmer and Jake Sherman trace the strategy and the impulsiveness, the deal-making and the backstabbing, in a blow-by-blow account of the power struggle roiling the halls of Congress. The Hill to Die On will be an unforgettable story of power and politics, where the stakes are nothing less than the future of America under Trump.


So Damn Much Money

So Damn Much Money

Author: Robert G. Kaiser

Publisher: Vintage

Published: 2010-02-09

Total Pages: 434

ISBN-13: 0307385884

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With a New Foreword In So Damn Much Money, veteran Washington Post editor and correspondent Robert Kaiser gives a detailed account of how the boom in political lobbying since the 1970s has shaped American politics by empowering special interests, undermining effective legislation, and discouraging the country’s best citizens from serving in office. Kaiser traces this dramatic change in our political system through the colorful story of Gerald S. J. Cassidy, one of Washington’s most successful lobbyists. Superbly told, it’s an illuminating dissection of a political system badly in need of reform.


Book Synopsis So Damn Much Money by : Robert G. Kaiser

Download or read book So Damn Much Money written by Robert G. Kaiser and published by Vintage. This book was released on 2010-02-09 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: With a New Foreword In So Damn Much Money, veteran Washington Post editor and correspondent Robert Kaiser gives a detailed account of how the boom in political lobbying since the 1970s has shaped American politics by empowering special interests, undermining effective legislation, and discouraging the country’s best citizens from serving in office. Kaiser traces this dramatic change in our political system through the colorful story of Gerald S. J. Cassidy, one of Washington’s most successful lobbyists. Superbly told, it’s an illuminating dissection of a political system badly in need of reform.


The Lords of Easy Money

The Lords of Easy Money

Author: Christopher Leonard

Publisher: Simon and Schuster

Published: 2023-01-10

Total Pages: 384

ISBN-13: 1982166649

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The New York Times bestseller from business journalist Christopher Leonard infiltrates one of America’s most mysterious institutions—the Federal Reserve—to show how its policies spearheaded by Chairman Jerome Powell over the past ten years have accelerated income inequality and put our country’s economic stability at risk. If you asked most people what forces led to today’s unprecedented income inequality and financial crashes, no one would say the Federal Reserve. For most of its history, the Fed has enjoyed the fawning adoration of the press. When the economy grew, it was credited to the Fed. When the economy imploded in 2008, the Fed got credit for rescuing us. But here, for the first time, is the inside story of how the Fed has reshaped the American economy for the worse. It all started on November 3, 2010, when the Fed began a radical intervention called quantitative easing. In just a few short years, the Fed more than quadrupled the money supply with one goal: to encourage banks and other investors to extend more risky debt. Leaders at the Fed knew that they were undertaking a bold experiment that would produce few real jobs, with long-term risks that were hard to measure. But the Fed proceeded anyway…and then found itself trapped. Once it printed all that money, there was no way to withdraw it from circulation. The Fed tried several times, only to see the market start to crash, at which point the Fed turned the money spigot back on. That’s what it did when COVID hit, printing 300 years’ worth of money in a few short months. Which brings us to now: Ten years on, the gap between the rich and poor has grown dramatically, inflation is raging, and the stock market is driven by boom, busts, and bailouts. Middle-class Americans seem stuck in a stage of permanent stagnation, with wage gains wiped out by high prices even as they remain buried under credit card debt, car loan debt, and student debt. Meanwhile, the “too big to fail” banks remain bigger and more powerful than ever while the richest Americans enjoy the gains of a hyper-charged financial system. The Lords of Easy Money “skillfully” (The Wall Street Journal) tells the “fascinating” (The New York Times) tale of how quantitative easing is imperiling the American economy through the story of the one man who tried to warn us. This is the first inside story of how we really got here—and why our economy rests on such unstable ground.


Book Synopsis The Lords of Easy Money by : Christopher Leonard

Download or read book The Lords of Easy Money written by Christopher Leonard and published by Simon and Schuster. This book was released on 2023-01-10 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The New York Times bestseller from business journalist Christopher Leonard infiltrates one of America’s most mysterious institutions—the Federal Reserve—to show how its policies spearheaded by Chairman Jerome Powell over the past ten years have accelerated income inequality and put our country’s economic stability at risk. If you asked most people what forces led to today’s unprecedented income inequality and financial crashes, no one would say the Federal Reserve. For most of its history, the Fed has enjoyed the fawning adoration of the press. When the economy grew, it was credited to the Fed. When the economy imploded in 2008, the Fed got credit for rescuing us. But here, for the first time, is the inside story of how the Fed has reshaped the American economy for the worse. It all started on November 3, 2010, when the Fed began a radical intervention called quantitative easing. In just a few short years, the Fed more than quadrupled the money supply with one goal: to encourage banks and other investors to extend more risky debt. Leaders at the Fed knew that they were undertaking a bold experiment that would produce few real jobs, with long-term risks that were hard to measure. But the Fed proceeded anyway…and then found itself trapped. Once it printed all that money, there was no way to withdraw it from circulation. The Fed tried several times, only to see the market start to crash, at which point the Fed turned the money spigot back on. That’s what it did when COVID hit, printing 300 years’ worth of money in a few short months. Which brings us to now: Ten years on, the gap between the rich and poor has grown dramatically, inflation is raging, and the stock market is driven by boom, busts, and bailouts. Middle-class Americans seem stuck in a stage of permanent stagnation, with wage gains wiped out by high prices even as they remain buried under credit card debt, car loan debt, and student debt. Meanwhile, the “too big to fail” banks remain bigger and more powerful than ever while the richest Americans enjoy the gains of a hyper-charged financial system. The Lords of Easy Money “skillfully” (The Wall Street Journal) tells the “fascinating” (The New York Times) tale of how quantitative easing is imperiling the American economy through the story of the one man who tried to warn us. This is the first inside story of how we really got here—and why our economy rests on such unstable ground.


A Political History of the World

A Political History of the World

Author: Jonathan Holslag

Publisher: Penguin UK

Published: 2018-10-25

Total Pages: 324

ISBN-13: 0241352053

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A three-thousand year history of the world that examines the causes of war and the search for peace In three thousand years of history, China has spent at least eleven centuries at war. The Roman Empire was in conflict during at least 50 per cent of its lifetime. Since 1776, the United States has spent over one hundred years at war. The dream of peace has been universal in the history of humanity. So why have we so rarely been able to achieve it? In A Political History of the World, Jonathan Holslag has produced a sweeping history of the world, from the Iron Age to the present, that investigates the causes of conflict between empires, nations and peoples and the attempts at diplomacy and cosmopolitanism. A birds-eye view of three thousand years of history, the book illuminates the forces shaping world politics from Ancient Egypt to the Han Dynasty, the Pax Romana to the rise of Islam, the Peace of Westphalia to the creation of the United Nations. This truly global approach enables Holslag to search for patterns across different eras and regions, and explore larger questions about war, diplomacy, and power. Has trade fostered peace? What are the limits of diplomacy? How does environmental change affect stability? Is war a universal sin of power? At a time when the threat of nuclear war looms again, this is a much-needed history intended for students of international politics, and anyone looking for a background on current events.


Book Synopsis A Political History of the World by : Jonathan Holslag

Download or read book A Political History of the World written by Jonathan Holslag and published by Penguin UK. This book was released on 2018-10-25 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: A three-thousand year history of the world that examines the causes of war and the search for peace In three thousand years of history, China has spent at least eleven centuries at war. The Roman Empire was in conflict during at least 50 per cent of its lifetime. Since 1776, the United States has spent over one hundred years at war. The dream of peace has been universal in the history of humanity. So why have we so rarely been able to achieve it? In A Political History of the World, Jonathan Holslag has produced a sweeping history of the world, from the Iron Age to the present, that investigates the causes of conflict between empires, nations and peoples and the attempts at diplomacy and cosmopolitanism. A birds-eye view of three thousand years of history, the book illuminates the forces shaping world politics from Ancient Egypt to the Han Dynasty, the Pax Romana to the rise of Islam, the Peace of Westphalia to the creation of the United Nations. This truly global approach enables Holslag to search for patterns across different eras and regions, and explore larger questions about war, diplomacy, and power. Has trade fostered peace? What are the limits of diplomacy? How does environmental change affect stability? Is war a universal sin of power? At a time when the threat of nuclear war looms again, this is a much-needed history intended for students of international politics, and anyone looking for a background on current events.


To Start a War

To Start a War

Author: Robert Draper

Publisher: Penguin

Published: 2021-07-27

Total Pages: 497

ISBN-13: 0525561064

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“Essential . . . one for the ages . . . a must read for all who care about presidential power.” —The Washington Post “Authoritative . . . The most comprehensive account yet of that smoldering wreck of foreign policy, one that haunts us today.” —LA Times One of BookPage's Best Books of 2020 To Start a War paints a vivid and indelible picture of a decision-making process that was fatally compromised by a combination of post-9/11 fear and paranoia, rank naïveté, craven groupthink, and a set of actors with idées fixes who gamed the process relentlessly. Everything was believed; nothing was true. Robert Draper’s fair-mindedness and deep understanding of the principal actors suffuse his account, as does a storytelling genius that is close to sorcery. There are no cheap shots here, which makes the ultimate conclusion all the more damning. In the spirit of Barbara W. Tuchman’s The Guns of August and Marc Bloch’s Strange Defeat, To Start A War will stand as the definitive account of a collective scurrying for evidence that would prove to be not just dubious but entirely false—evidence that was then used to justify a verdict that led to hundreds of thousands of deaths and a flood tide of chaos in the Middle East that shows no signs of ebbing.


Book Synopsis To Start a War by : Robert Draper

Download or read book To Start a War written by Robert Draper and published by Penguin. This book was released on 2021-07-27 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Essential . . . one for the ages . . . a must read for all who care about presidential power.” —The Washington Post “Authoritative . . . The most comprehensive account yet of that smoldering wreck of foreign policy, one that haunts us today.” —LA Times One of BookPage's Best Books of 2020 To Start a War paints a vivid and indelible picture of a decision-making process that was fatally compromised by a combination of post-9/11 fear and paranoia, rank naïveté, craven groupthink, and a set of actors with idées fixes who gamed the process relentlessly. Everything was believed; nothing was true. Robert Draper’s fair-mindedness and deep understanding of the principal actors suffuse his account, as does a storytelling genius that is close to sorcery. There are no cheap shots here, which makes the ultimate conclusion all the more damning. In the spirit of Barbara W. Tuchman’s The Guns of August and Marc Bloch’s Strange Defeat, To Start A War will stand as the definitive account of a collective scurrying for evidence that would prove to be not just dubious but entirely false—evidence that was then used to justify a verdict that led to hundreds of thousands of deaths and a flood tide of chaos in the Middle East that shows no signs of ebbing.