Architects of Ruin: How Big Government Liberals Wrecked the Global Economy--and How They Will Do It Again If No One Stops Them - Softcover

Schweizer, Peter

Softcover

ISBN 10: 0061953377 ISBN 13: 9780061953378

Publisher: Broadside Books, 2010

Synopsis

In Architects of Ruin, New York Times bestselling author and conservative historian Peter Schweizer argues that the economic crisis was caused by liberals who used the power of government to create a subprime mortgage bubble that has ravaged the global economy. Rebutting charges that the financial collapse was caused by conservative deregulatory zeal, Schweizer, the author of Do as I Say (Not as I Do): Profiles in Liberal Hypocrisy, shows that it was actually the result of “do-good capitalism.”

About this title

From the Back Cover:

Was the financial collapsecaused by free-market capitalismand deregulation run amok,as liberals claim?

Not on your life, says Peter Schweizer. In Architects of Ruin, Schweizer describes how a coalition of left-wing activists, liberal politicians, and “do-good capitalists” on Wall Street leveraged government power to achieve their goal of broadening homeownership among minorities and the poor. The results were not only devastating to the economy, but hurt the very people they were supposedly trying to help.

This tale of liberal “Robin Hood capitalism run wild” has never beentold. But more than just a story about the past, Architects of Ruin is also an urgent warning about the future. The very same people who planted the seeds of the collapse are back in Washington, determined to use the crisis they caused as cover for a massive overhaul of the American economic system. These people have learned nothing from their past mistakes and are busy applying the same methods to other sectors of the economy—health care, the auto industry, real estate (again!), and above all the promotion of“green” technologies—inflating bubbles that are sure to bring about another crisis. Ordinary Americans who foot the bill for the last state-capitalist bubble have reason to be afraid—very afraid—of the inevitable result.

About the Author:

Peter Schweizer is the author of, among other books, Clinton Cash, Extortion, Throw Them All Out, and Architects of Ruin. He has been featured throughout the media, including on 60 Minutes and in the New York Times. He is the cofounder and president of the Government Accountability Institute, a team of investigative researchers and journalists committed to exposing crony capitalism, misuse of taxpayer monies, and other governmental corruption or malfeasance. He lives in Tallahassee, Florida.

About this edition

• Publisher: Broadside Books
• Publication date: 2010
• ISBN 10: 0061953377
• ISBN 13: 9780061953378
• Binding: Paperback
• Number of pages: 240