Politicians often come into office with relatively modest assets. As investors, they regularly beat the market and sometimes beat the most rapacious hedge funds. Even without making stock trades, they often retire rich. How do they do it?
Billionaires and hedge fund managers often make well-timed investment decisions that anticipate events in Washington. How do they do it?
When such former politicians and federal appointees as Al Gore, Dan Quayle, and Madeleine Albright decide to launch investment funds, wealthy clients sign up. Why?
Welcome to the insidious world of crony capitalism.
Cronyism exists not so much as outright bribery, using suitcases full of cash, but rather in accepted insider routes to wealth: Members of Congress trade stocks based on privileged information. They insert earmarks into bills to improve their own real estate holdings. Campaign contributors receive billions in federal grants. Nobody goes to jail.
Crony capitalism transcends party lines and has become a big business hidden in plain sight. Using personal financial information, government databases, and a team of indefatigable researchers, Peter Schweizer shines a light into the darkest corners of the system — and offers ways to overcome it. It is time to clean house.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Praise for Do As I Say, (Not As I Do):
"A spirited attack on lefty icons." --New York Times
"Here's a book that will make your eyes pop out...As this book engaginginly documents, these lefties are in many respects even bigger hypocrites than are fallen conservatives." --Forbes Magazine
"An entertaining exposure . . . In a series of 11 profiles on leftist icons from Noam Chomsky and Al Franken to Hillary Clinton and Ted Kennedy, Schweizer reveals that the most vocal liberals do not practice what they preach." --The Weekly Standard
Praise for Reagan's War:
"A rousing and compelling case that Reagan's personal and political odyssey...was central to bringing down the 'evil empire.'" --Los Angeles Times Book Review
"On the big picture, Schweizer is correct: Reagan had it right." --Newsweek
"Masterful. . . . After Schweizer, even inveterate Reagan-haters will have to abandon the picture of an amiable dunce drifting passively while a handful of advisers set the agenda." --Foreign Affairs
"A fascinating, well-written, useful and important look at one of the three or four most important American political leaders of the 20th century. No serious assessment of the 40th president of the United States can ignore the central importance of anti-communism in his career; after Schweizer, none will." --The Washington Post Book World Review
"Peter Schweizer has written a profound and important book, which is also compulsive reading." --Lady Margaret Thatcher
"This is a superb history that demonstrates why Reagan won the Cold War, and why it never would have been won without him." --Caspar Weinberger
Politicians often come into office with relatively modest assets. As investors, they regularly beat the market and sometimes beat the most rapacious hedge funds. Even without making stock trades, they often retire rich. How do they do it?
Billionaires and hedge fund managers often make well-timed investment decisions that anticipate events in Washington. How do they do it?
When such former politicians and federal appointees as Al Gore, Dan Quayle, and Madeleine Albright decide to launch investment funds, wealthy clients sign up. Why?
Welcome to the insidious world of crony capitalism.
Cronyism exists not so much as outright bribery, using suitcases full of cash, but rather in accepted insider routes to wealth: Members of Congress trade stocks based on privileged information. They insert earmarks into bills to improve their own real estate holdings. Campaign contributors receive billions in federal grants. Nobody goes to jail.
Crony capitalism transcends party lines and has become a big business hidden in plain sight. Using personal financial information, government databases, and a team of indefatigable researchers, Peter Schweizer shines a light into the darkest corners of the system — and offers ways to overcome it. It is time to clean house.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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