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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 Pri - Peter Schweizer
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How is it that politicians often enter office with relatively modest assets, yet then, as investors, regularly beat the market and sometimes beat the most rapacious hedge funds? How is it… Mehr…

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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 - gebrauchtes Buch

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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 : - gebrauchtes Buch

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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 - gebrauchtes Buch

ISBN: 9780547970165

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Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest o - gebrauchtes Buch

ISBN: 9780547970165

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

THE BOOK WASHINGTON DOES NOT WANT YOU TO READ

How is it that politicians often enter office with relatively modest assets, but then, as investors, regularly beat the stock market and sometimes beat the most rapacious hedge funds? How did some members of Congress know to dump their stock holdings just in time to escape the effects of the 2008 financial meltdown? And how is it that billionaires and hedge fund managers often make well-timed investment decisions that anticipate events in Washington?

In this powerfully argued book, Peter Schweizer blows the lid off Washington’s epidemic of “honest graft.” He exposes a secret world where members of Congress insert earmarks into bills to improve their own real-estate holdings, and campaign contributors receive billions in federal grants. Nobody goes to jail. Throw Them All Out casts light into the darkest corners of the political system — and offers ways to clean house.

"Throw Them All Out is filled with stories of petty theft and so-called 'honest graft' . . . Unsparingly bipartisan in [its] criticism of Washington . . . Mr. Schweizer has performed a valuable service to his country." — Washing, Amazon Exclusive: A Q&A with Author Peter Schweizer

Q:When did you realize that so many insider trading and sweetheart land deals were going on?

A: When I first discovered that members of Congress are exempt from insider trading laws, I didn’t believe it. Then, when I started to look at their stock trades and compare them with what they were doing in office, I was stunned.

Q: What do you mean by the "Permanent Political Class"?

A: I think politics in Washington has become a business opportunity. Republicans and Democrats are not so different as you think. They work together to enrich themselves. They have designed the system to work so that they can make lots of money doing things that would get the rest of us sent to jail.

Q: What do you mean by "honest graft"?

A: When people think of politicians making money in Washington, they think of bribery and other illegal activities. That’s small potatoes. The real money is made by doing stuff that’s legal, including insider trading on the stock market and land deals.

Q: Politicians are exempt from insider trading laws? You’re kidding, right?

A: No. They write the rules, and guess what: the rules that apply to us don’t apply to them. By the way, they are also exempt from whistleblower laws. If you see your boss committing a financial crime, you can report them and you will be protected. You can’t be fired. But if your boss is a congressman? You’re toast. You are not protected.

Q: What’s wrong with politicians who trade stock? Don’t we want them involved in the economy?

A: Yes, but they are doing exactly what corporate insiders get sent to jail for doing. It’s a double standard and it’s unfair. If Martha Stewart had been in the U.S. Senate, she would have be

Detailangaben zum Buch - Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest o


EAN (ISBN-13): 9780547970165
ISBN (ISBN-10): 0547970161
Taschenbuch
Erscheinungsjahr: 2011
Herausgeber: Mariner Books

Buch in der Datenbank seit 2014-01-23T06:56:40+01:00 (Berlin)
Detailseite zuletzt geändert am 2023-10-18T18:27:40+02:00 (Berlin)
ISBN/EAN: 0547970161

ISBN - alternative Schreibweisen:
0-547-97016-1, 978-0-547-97016-5
Alternative Schreibweisen und verwandte Suchbegriffe:
Autor des Buches: peter schweizer
Titel des Buches: get off, inside out, all, deal, deals deals and more deals, insider, the friends who they are what they have done, land, how get rich, tips tips tips, stock


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