ENGLISH

Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison

Book information

Publisher
Houghton Mifflin Harcourt
Year
2011
ISBN
0547573146, 9780547573144
LCC
JK2249 .S35 2012
Google Books ID
n_OjawF1A1sC
Open Library ID
OL25019028M
Language
english
Format
EPUB
Filesize
1 MB (1421618 bytes)
Pages
259\0
Orientation
yes
Scanned
yes
Time added
2012-03-09 12:00:00

Description

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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