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

Throw Them All Out: How Politicians and Their Friends Get Rich Off of Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison❰PDF / Epub❯ ★ Throw Them All Out: How Politicians and Their Friends Get Rich Off of Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison Author Peter Schweizer – Heartforum.co.uk 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 res One of the biggest scandals All Out: PDF ↠ 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 Throw Them Kindle - 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 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 Them All Out: MOBI ð 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.

PETER SCHWEIZER is a research All Out: PDF ↠ fellow at the Hoover Institution, Stanford University From he served as a consultant to the White House Office of Presidential Speechwriting and he is a former consultant to NBC News He has written for the New York Times, Wall Street Journal, Los Angeles Times, USA Today, National Review, Foreign Affairs, Throw Them Kindle - and elsewhere His books include The Bushes, Reagan s War, and Do as I Say, Not as I Do.

Throw Them All Out: How Politicians and Their Friends Get
  • Hardcover
  • 211 pages
  • Throw Them All Out: How Politicians and Their Friends Get Rich Off of Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison
  • Peter Schweizer
  • English
  • 13 June 2019
  • 0547573146

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

  1. Margitte says:

    Throw Them All Out How Politicians and Their Friends Get Rich Off of Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison is a great book to read for those who want to understand Donald Trump s promise to drain the swamp It also corresponds with Bernie Sander s criticism of big business and their cronies in Congress as corporate welfare at its worst.It is much clearer now why there was such a vigorous, aggressive opposition to both Trump and Saunders, fro Throw Them All Out How Politicians and Their Friends Get Rich Off of Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison is a great book to read for those who want to understand Donald Trump s promise to drain the swamp It also corresponds with Bernie Sander s criticism of big business and their cronies in Congress as corporate welfare at its worst.It is much clearer now why there was such a vigorous, aggressive opposition to both Trump and Saunders, from both Democrats and Republicans It is also muchunderstandable why all previous presidents, and the Secretary of State are fighting alongside each other to get Trump ousted He is a major threat to a cushy status quo that needs to be protected in every which way way possible Peter Schweizer is also the author of the book Clinton Cash The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich 2015 , which exposed the Uranium One deal The information was ignored until now It seems as though I am reading some serious politician bashing books lately But I have an excuse for that Our country is experience fraud and corruption on a monumental scale, leaving us on the brink of financial collapse In order to understand it, I need to read books explaining some political moves which are applied to the global platform This is one of those books The author exposes the entire Congress, the political caste, or Permanent Political Class, enriching themselves while pretending to serve the public Their sense of entitlement is phenomenal The thing is, these politicians have a motivation for what they do because of their public service and sacrifices to us , they feel entitled to the manipulation of the business market for their own benefit.I promise you, this book takes the emotions out of politics Examples of members of Congress opposing one another in public on legislation, but are partners in business in private, snakes through this book It doesn t matter how many thousands of pages are producing new legislation, just one sentence in it promising new deals for the caste, ensures that it will go through If that sentence is not included, wellthe deal is off As many people observed before If you have a seat at the table, you are in for a feast If you don t have a seat at the table, you are probably on the menu.I am of the opinion that this book exposes the reasons why crooked Hilary was allowed to do as she pleased The rest of the political caste dared not investigate her, since they all had too many skeletons in the closets A few quotes from the introduction This is a book about how a Permanent Political Class, composed of politicians and their friends, engages in honest graft Let s call it crony capitalism Here the invisible hand is often attached to the long arm of Washington And business is good. WE VE ALL HEARD about the New Rich Once, they were the Oil Rich Then they were the Silicon Valley Rich The Dot Com Rich Now it s time to meet the New New Rich the Government Rich For the Government Rich, insider deals, insider trading, and taxpayer money have become a pathway to wealth They get to walk this exclusive pathway because they get to operate by a different set of rules from the rest of us And they get to do this while they are working for us, in the name of the public serviceThe Permanent Political Class does not produce any goods or services Their ability to make money rises from their ability to extract wealth by leveraging it from others Politicians can write legislation that can destroy corporations or help them prosper They can perform constituent services to benefit friends or punish enemies They can intervene with bureaucrats in a way that can reap billions for a company They have access to information that can dramatically affect the economy and financial markets, information that few other people have.All of this crony capitalism comes at a high price for the rest of us Under free market capitalism, the idea is that a rising tide lifts all boats Henry Ford wanted Americans to becomeprosperous because then he could sell themcars Crony capitalism is a zero sum game Crony capitalists don t care whether a rising tide lifts all boats They just want to buy their way onto the big party boat.This book was published in 2011, which makes it old news, perhaps, but also relevant to today s politics By reading it now, many issues are becoming much clearer, for instance, the protectionism of the loot against journalists such as Sharyl Attkisson, who wrote the book Stonewalled My Fight for Truth Against the Forces of Obstruction, Intimidation, and Harassment in Obama s Washington, and Dinesh D Souza s mission to expose the looting of state coffers in his book Stealing America What My Experience with Criminal Gangs Taught Me about Obama, Hillary, and the Democratic Party.In recent events the controversial web broadcaster, Alex Jones, have been targeted for censor Hilary warned against him in a speech I listened to, and in one of the congressional hearings in which Facebook, Twitter and those social moguls participated, it was also mentioned that Alex Jones s Twitter posts were censored and even disabled I listened to the hearing So, for people to take them all on and publish a book like this, demands guts and determination to make a difference We should honor them all Beside the point So by the way, I read an article on how journalists were intimidated by Harvey Weinstein ReadArmy of Spies , and get an insight into journalists perils.Back to the book Peter Schweizer is well known for his excellent research and many books The evidence provided in the book is jaw dropping, but essential to know Everyone should make the time to read this book.Some Chapter headings in the book The Drug Trade IPOs Invest in politicians often Crisis for all, opportunity for some Warren Buffett Baptist and bootleggers Cronies on parade Hedge funds, defense contractors, colleges, big oil and George SorosThe Affordable Health Care legislation had many Congressional ants running around to get in on the lucrative action This book reads like a thrilling novel, with a multitude of characters in both houses of Congress to make the eyes water But, it also explains why the world is imploding around ordinary people, why thousands of soldiers die in combats all over the world, and no one knows what the hell is happening.The book ends with recommendations on how to fix it.Would you have the guts to read it Maybe it s time You might even find a shady deal in your own county explained in the book There are many to feast on And forget about shelving these authors of my latest reads as conspiracy theorists That s a good way of slamming anyone who might disagree and really have become stale bread These books are backed up by hard facts It s called REALITY Exactly how crony capitalists are consuming public wealth and fattening themselves is the subject of this book You will be a fool not to read it, especially if you are a tax payer And frankly, my dear, it doesn t matter if you re a Republican or Democrat You are being robbed blind This book might dry up your tears dramatically It explains in retrospect why a candidate lost this election and an independent outsider came out of the woodwork and won

  2. Amora says:

    A very important read now because of the people exposed in this book The same people pushing the Russia hoax are the same people that have involved themselves in shady activities as shown in this book The people I m referring to are Nancy Pelosi, Richard Durbin, and Sheldon Whitehouse All of these people have been big proponents of the Russian collusion narrative Indeed, Peter Schweizer is no partisan and has angered both corrupt Republican and Democratic lawmakers alike over his damning fin A very important read now because of the people exposed in this book The same people pushing the Russia hoax are the same people that have involved themselves in shady activities as shown in this book The people I m referring to are Nancy Pelosi, Richard Durbin, and Sheldon Whitehouse All of these people have been big proponents of the Russian collusion narrative Indeed, Peter Schweizer is no partisan and has angered both corrupt Republican and Democratic lawmakers alike over his damning findings Give this book a read

  3. Maria says:

    At the root of the Permanent Political Class is a profound sense of arrogance Schweizer.This is a book for grown folks of all political stripes who are tired of buying slogans over statistics, or for those who never did to begin with Essentially, Throw Them All Out is a modern American manifesto Schweizer painstakingly details and connects dots that reveal the scope of government and corporate corruption throughout approximately the last decade There is apronounced focus on the fe At the root of the Permanent Political Class is a profound sense of arrogance Schweizer.This is a book for grown folks of all political stripes who are tired of buying slogans over statistics, or for those who never did to begin with Essentially, Throw Them All Out is a modern American manifesto Schweizer painstakingly details and connects dots that reveal the scope of government and corporate corruption throughout approximately the last decade There is apronounced focus on the fever pitched pace of political maneuvering throughout the last several years He deftly accomplishes this using easy to read charts, maps, and drawings, and exposition in plain English He also meticulously annotates facts and timelines.The book exposes the political and fiscal underpinnings behind the drafting of the legislation of the health reform bill, going far to explain much of the political bombast that Americans were subjected to during throughout that time, courtesy of mainstream media.For example, John Boehner and John Kerry, who both publicly espoused such different views regarding the health reform bill, nonetheless had portfolios that show how they d both profited from the legislation In this way, Schweizer shows that they were allies when it came to investment decisions The only logical conclusion a reader can make is that it was all theater Over time performances of apolitical, versus political hedge funds, are analyzed These analyses lead the reader to disturbing conclusions regarding the vast and varying extents of numerous congress people involved in short selling stocks against the best interest of America s economy and,importantly, its people He posits the question, Why did the Tammany Hall political machine gain so much power in New York City The answer is revealed The public had come to accept it Thus, the parallel between then and now is clearly illustrated Okay, so now the public must come to reject it How, you ask In addition to a discussion of the lexical evolution of the term cronyism , Constitutional Article 1, Clause 6 Speech and Debate Clause is also given lengthy consideration what it is used to justify, and what it actually exists to protect Essentially, says Schweizer, Cronyism is the antithesis of a meritocracy Toward the book s end, he outlines a bulleted list of initiatives that could go far to minimize the practice of crony capitalism To summarize them, they d involve o The creation of a legal code that would make trading of non public government information illegal.o Requiring SEC disclosure of stock trades within two days for Congress members the way that corporate insiders are currently required to.o Not permitting Congress members to trade stock in companies that are overseen by their committees.o Applying whistleblower laws to Congress o Not permitting sweetheart IPOs initial public offerings to be bid on by members of Congress in advance of public availability o Revisiting and maintaining existing conflict of interest laws.o Not allowing earmarks that would yield direct financial benefits to specific members of Congress.o Not allowing Congress members to become lobbyists o Not allowing campaign contributions to take place while Congress is in session Until such initiatives are adopted, in the interim, the reader can draw her own conclusions, and echo the sentiment of the title

  4. Dave Lefevre says:

    This is another of the long list of books that certain people should read but never will This book takes a look at the growing corporate congress complex and highlights the fact that Congressional politicians are making MILLIONS and sometimes even BILLIONS of dollars by acting on their inside knowledge of upcoming government actions On average Congresscritters do many percentage points better in their stock and real estate investments than the average Joe Are they just smarter Well, maybe, b This is another of the long list of books that certain people should read but never will This book takes a look at the growing corporate congress complex and highlights the fact that Congressional politicians are making MILLIONS and sometimes even BILLIONS of dollars by acting on their inside knowledge of upcoming government actions On average Congresscritters do many percentage points better in their stock and real estate investments than the average Joe Are they just smarter Well, maybe, but in case after case records show that they have bought or sold stock at JUST the right time to benefit For instance John Kerry bought millions of dollars in stock that were sure to benefit by the health care bill Nancy Pelosi also blocked measures that would help Visa, a company she has heavily invested in The list goes on and on but the kicker is that the entire thing is LEGAL There are no conflict of interest rules or insider trading statutes that cover the Senate or the House Records show well timed investments made by close campaign contributers as well, so not only does Congresspersons and Senators benefit, so does their biggest campaign buddies.This book goes after the Obama White House for passing along information to close cronies, but there is significant problem with this book Schweizer is known to be a conservative, and while he rightly goes after Obama s abysmal record he hardly mentions the biggest corporate cronies we ve ever seen in office the Bush White House Not only did Bush and Cheney enrich themselves with the government s help, but people died doing it when you consider the push for the wars in Iraq and Afghanistan The fact that the Bush administration is conveniently not mentioned could be the fact that this a book written in 2011, but it does cause a question of fairness and credibility Schweizer does call out other Republicans and do his best to present this a systemic problem and not a problem with just one of the parties which is correct but this omission makes me scratch my head The Bush White House was a dream for corporate cronies and it set the precedent for the Obama administration, but it doesn t make the cut and does not get called out.Despite that, the message of this book is strong and clear and convincing and it deserves a read.Edit After re considering the fairness issue with Schweizer s focus as mentioned above I have docked this book another star It pays too much lip service to the fact that the graft is on both sides while working to protect Republicans at the same time

  5. Tom says:

    I generally do not recommend books to people, probably because i have never cared enough However, I just finished reading Throw Them All Out This book provides very specific examples of how our corrupt government both parties is using their political power to enrich themselves and their wealthy connections at the expense of the taxpayer If anyone has even a modicum of interest in learning why things are not getting better for the average American, this is a must read It is a short, qu I generally do not recommend books to people, probably because i have never cared enough However, I just finished reading Throw Them All Out This book provides very specific examples of how our corrupt government both parties is using their political power to enrich themselves and their wealthy connections at the expense of the taxpayer If anyone has even a modicum of interest in learning why things are not getting better for the average American, this is a must read It is a short, quick read so it doesn t require much time investment If you read this and are as sickened as i am, please let others know about this book

  6. Naomi says:

    Friggin UnbelievableThose are the only words I can use to describe this book The author laid out well the Let them eat cake mentality which is permeating Washington with no political preference on multiple levels In my opinion, a must read for every US citizen not currently holding office in Washington or in any state capital cuz I am sure the same stuff happens there to open our eyes to the Political Class and all of their dirty dealings which would send the average US citizen to jail Friggin UnbelievableThose are the only words I can use to describe this book The author laid out well the Let them eat cake mentality which is permeating Washington with no political preference on multiple levels In my opinion, a must read for every US citizen not currently holding office in Washington or in any state capital cuz I am sure the same stuff happens there to open our eyes to the Political Class and all of their dirty dealings which would send the average US citizen to jail, if we could even get our hands on it

  7. Jon says:

    Throw Them All Out catches what s really irking the Tea Party and Occupy Wall Street politicians and investors are making crony business deals that the rest of us would go to jail for Throw Hastert, Pelosi, Obama, Boehner, Kerry, Buffet, and Soros in that mix And then throw them out.This book captures the contemporary zeitgeist, and while I wish it would have skeweredguilty Republicans there are so many , it s an important book for the 99% of us who think that cronyism should be illega Throw Them All Out catches what s really irking the Tea Party and Occupy Wall Street politicians and investors are making crony business deals that the rest of us would go to jail for Throw Hastert, Pelosi, Obama, Boehner, Kerry, Buffet, and Soros in that mix And then throw them out.This book captures the contemporary zeitgeist, and while I wish it would have skeweredguilty Republicans there are so many , it s an important book for the 99% of us who think that cronyism should be illegal

  8. David says:

    We are all familiar with the expression that you really don t want to see how the sausage is made, you just want some In Throw Them All Out How Politicians and Their Friends Get Rich Off of Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison by Peter Schweizer, you will see in excruciating detail how the political sausage is made by all sides There are no innocents or sacred cows in this book it s really us the common folk versus them the elected entitl We are all familiar with the expression that you really don t want to see how the sausage is made, you just want some In Throw Them All Out How Politicians and Their Friends Get Rich Off of Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison by Peter Schweizer, you will see in excruciating detail how the political sausage is made by all sides There are no innocents or sacred cows in this book it s really us the common folk versus them the elected entitled politicians The author leads you by the hand into understanding how elected politicians being paid 150 200,000 per year can be multimillionaires before their first term is up He explains how special arrangements are made to offer them early access to IPOs, land deals, stock tips, andthat are essentially a sure thing remember Hillary Clinton turned a 1,000 investment into a risky market bet into 100,000 in a short amount of time What is astounding is that, where the general population including heads of companies, are subject to fines and jail time for things like insider trading, congress has specifically exempted themselves from any such rules Therefore, however Hillary or anyone else in congress makes money off sketchy deals, it will pass the test of their ethics committee Excellent read and no holds barred but you may want to be at least partially sedated before you start reading

  9. John Jenkins says:

    Peter Schweizer has compiled a lot of data to make a compelling argument that the status quo in federal government desperately needs to be changed.The book has three sections Part One, Congressional Cronies, has 4 chapters that show how members of Congress exploit their power and the absence of adequate rules to inappropriately enrich themselves Members of both parties are criticized, but there areexamples of Democrats than Republicans because Democrats had majorities in both the House a Peter Schweizer has compiled a lot of data to make a compelling argument that the status quo in federal government desperately needs to be changed.The book has three sections Part One, Congressional Cronies, has 4 chapters that show how members of Congress exploit their power and the absence of adequate rules to inappropriately enrich themselves Members of both parties are criticized, but there areexamples of Democrats than Republicans because Democrats had majorities in both the House and the Senate from 2007 through 2010, when this book was being researched.Part Two, Capitalist Cronies, has 3 chapters that deal with businessmen who use their political connections to get unfair advantages over competitors Part Two has a lot to say about the stimulus programs of 2008 and 2009 and shows many examples of maximum stimulus dollars being spent to create a minimum number of jobs One example is a 100 million grant to the Basin Electric Power Cooperative, a partner of Powerspan Powerspan s investors include George Soros and two members of President Obama s National Finance Committee As of December, 2010, 1 years after the grant was announced, the project had created eight jobs.Mr Schweizer raises many questions about the stimulus programs of 2008 and 2009 and stimulus plans in general One question is whether the federal government should be in the business of selecting some businesses but not selecting other businesses to receive amounts paid by taxpayers Even if this could be done impartially, the very nature of rewarding some businesses and not rewarding other businesses is inherently unfair It is unfair to both the businesses that don t get selected and to the taxpayers who are forced to subsidize businesses instead of spending their money to stimulate the economy in whatever ways they choose When the inherent unfairness of the process of the government selecting winners and losers is complicated by unavoidable tendencies to reward political supporters crony capitalism , it is hard not to conclude that stimulus programs doharm than good.Another Part Two revelation is that Warren Buffett made many self enriching recommendations during bailout considerations while trying to appear the altruistic, paternalistic advisor.Part Three, Breaking the Back of Crony Capitalism, concludes with Mr Schweizer s recommendations for reforming the system These recommendations include laws restricting insider government information, which exist in Great Britain and throughout the European Union.Mr Schweizer is to be commended for the profound revelations and significant recommendations in this book One relatively minor problem is that the book in general, and Part One in particular, deals with numbers The details for the large gains resulting from legislators trading on their insider information make for dry reading Again, the author is to be commended for his research, but some of the numbers would have madesense if they had been presented in tables instead of prose Another minor issue is that because of the weak reporting requirements that currently exist that only require reporting in ranges, some of the examples of legislators unethically taking advantage of insider trading do not definitively show that large profits have been made.The title of the book might seem to be an exaggeration Unfortunately, it is not Mr Schweizer makes a strong case that there is a lot of legal but not ethical exploitation of legislative power If legislators were interested in making the necessary changes to eliminate this type of behavior, they would have done it by now

  10. Lois says:

    Now we all know how to increase our wealth in this down economy, run for office and become a legislator Although this book had too much detail for my liking, it truly makes me angry that our legislators are using inside information to trade stocks and increase their wealth while in office or providing funding to their friends and family We, as citizens, need to demand some type of Freedom of Information Act that require legislators to open their books for scrutiny by the public After all, a Now we all know how to increase our wealth in this down economy, run for office and become a legislator Although this book had too much detail for my liking, it truly makes me angry that our legislators are using inside information to trade stocks and increase their wealth while in office or providing funding to their friends and family We, as citizens, need to demand some type of Freedom of Information Act that require legislators to open their books for scrutiny by the public After all, aren t they supposed to be working for our benefit

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