Download Greedy bastards : how we can stop corporate communists, by Dylan Ratigan PDF

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By Dylan Ratigan

Dylan Ratigan is mad as hell. Infuriated by way of executive corruption and company communism, incensed by means of banksters shaking down taxpayers, and despairing of an in poor health overall healthiness care approach, an age-old dependency on international oil, and a failing academic approach, Ratigan sees an the United States that has allowed itself to be swindled and robbed. during this publication, his first, he rips the lid off our deeply crooked system—and bargains a fashion out.

This nation, now greater than ever, wishes passionate debate and clever coverage, a brazen willingness to scrap what doesn’t paintings, and the entrepreneurial spirit to attempt what does. Ratigan has compiled brash and clean recommendations for construction a brand new and higher the USA, and with this publication he has all started the controversy the United States merits.

With you, he desires to take again the rustic from the six vampires sucking this country dry:

• A political procedure within which lobbyists write laws, lawmakers position “secret holds” to create extra red meat for his or her districts, and funds drives the complete technique.

• A banking procedure that makes use of capital for hypothesis and debt production, instead of effective funding.

• A “master-slave” courting with our chinese language bankers, making our enterprises and politicians complicit in a method that rigs our forex and leaves us with everlasting joblessness and large exchange deficits.

• A health and wellbeing care procedure that's one of the priciest and least sustainable within the industrialized global.

• an academic procedure that prizes status yet produces mediocrity.

• An habit to international oil that has sapped us of our willingness to innovate, made us reliant on inefficient applied sciences, and left us supportive of corrupt governments.

To wrestle those vampires and to isolate the systematic ways that our as soon as effective industries and our executive were breached, Ratigan doesn't supply a seize bag of flimsy feedback or dead sizzling air. as a substitute he presents readers with a collection of values that jointly shape the reply for the way every one folks cannot basically comprehend what has long gone wrong—but sign up for jointly to make it correct

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Additional info for Greedy bastards : how we can stop corporate communists, banksters, and other vampires from sucking America dry

Sample text

Why on earth would we allow hardworking Americans’ retirement savings to be invested in high-risk credit that was falsely rated AAA? Heck, investors and pension managers were happy to buy CDOs in the short term because they promised such high returns. Governors all over the country liked these bonds because the extra high returns made it seem like they could expect much higher returns for their states’ pensions than they would see otherwise. In addition, it created the illusion that they had more money in their budgets, which freed them to spend money on their constituents and improve their chances of reelection.

He can no longer lift the stock he is supposed to load onto the shelves at the store. Although he could move in with his sister, he doesn’t want to be a burden, and he knows that she can’t afford to pay for his health care out of pocket any better than he can. So what choices does he have? He goes into the local bank and slips the teller a note. It demands $1—and health care. This is not a fantasy, and the man wasn’t crazy. He was thinking clearly about a crazy situation. Jail, he realized, was the one place where he could get health care without bankrupting himself and his family.

Count Dracula dressed elegantly and carried himself like royalty. People were slow to believe in the vampires’ dark magic, which allowed them to move in secret, to hypnotize and control their servants, and to drain their victims’ blood while keeping them from feeling the terrible cost. Today’s vampire industries, too, have a dark magic: an unholy alliance with government based not just on the money that they contribute to political campaigns and spend on lobbying but on their ability to hypnotize us with false prices.

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