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lisacindrich

lisacindrich

The Great Deformation: The Corruption of Capitalism in America

The Great Deformation: The Corruption of Capitalism in America - David A. Stockman 700+ pages...somehow I doubt strongly that I will have time for the whole thing. But so far I really am enjoying how Stockman is willing to toss well-deserved grenades in both political directions--right and left--and his very entertaining way with invective, especially toward the Federal Reserve. Suits my (sour) political mood these days.

The chapter and subheading titles have me salivating: "Days of Crony Capitalist Plunder", "The Fed's Horrid Bailout of LTCM", "Goldman and Morgan Stanley: The Last Two Predators Standing", "Willard M. Romney and the Truman Show of Bubble Finance", "The Obama Money Drop: Keynesian Folly", "The Greenspan Axion: How the Fed Gifts the 1 Percent", "Sundown in America: The State-Wreck Ahead." Looks like only Eisenhower and Ford are going to come out untarred and unfeathered from this one.

I probably need to create a new Goodreads shelf: Financial Apocalypse