How We Got Swindled By Wall Street Godfathers, Greed & Financial Darwinism: The 30-Year War Against The American Dream - Softcover

“With keen intellect and searing wit, Henry Schoenberger’s How We Got Swindled exposes the myriad of financial hijinks and colossal leadership failures that have turned the first decade of the new century into an economic disaster. Schoenberger not only identifies the causes, rationales and human failings that led to this mess; he provides some ready answers for how we must go about fixing it. This should be must-reading for every policy maker in Washington and every student of economics and Finance.” David Satterfield, former Business Editor of the Miami Herald, 2 times Pulitzer Prize-winner Swindled provides a brutally candid and objectively vehement insiders view of all the culprits and issues. And this connectivity must be considered to understand the whole truth behind our economic Tsunami and the alienation and angst of so many trapped in the despair of financial devastion. The tips of many icebergs have been properly identified. However, only Swindled makes it manifestly self-evident the tips are all sitting on top of one moon sized meteor-like iceberg which is the return of Social Darwinism that for the past 30 years has metastasized into Financial Darwinism. Cancer must be indentified to cure. Only Swindled has called for – “The creation of a no-fly zone over Wall Street.” Swindled exposes the failures of Washington; the greed of Big Money, Big Business and Wall Street Mega-banks. Swindled accurately reveals the most significant individual culprits and the other related issues that when combined created so much economic inequality and misplaced distorded values that exploded the American Dream into a toilet full of despair. Swindled calls for a new path into the future based on “The Doctrine of Fairness.” It is about the tearing down of barriers erected against greed in the aftermath of the Great Depression. It is about how Congress salivates when lobbyists ring bells, when Wall Street pulls on the bell cords and pays for the bells. You will learn about Wall Street ruses/propaganda, rating agencies, the use and abuse of language, and the excessive concentration of media power. It cites significant SEC and Fed Bank Holding Company regulations that were broken, and explains that significant regulations have the force of law behind them - so laws were clearly broken! And you will learn the best way to reduce risk. It challenges the US Attorney General to publically investigate what appears to constitute enough fraud to lock up plenty of the ultra rich perps. Swindled asks the question: who is S&P to down grade the United States the most crucial economy in the world, and let them off the hook for fictitious AAA ratings? Swindled explains what all the failed Econ PhDs did not know, or forgot when they were paid as consultants by Wall Street to become cheerleaders for greed by returning to the Laissez-faire economics which led directly to the Great Depression. When you finish reading you will know why we have been devastated by Born-again Social Darwinism metastasized into Financial Darwinism – and understand why this is the root cause. Why Financial Darwinism is the iceberg that smashed into the dream of our founding fathers; and connect all the dots to know why we are losing “The 30-War Against The American Dream.” You will clearly see how the ultra rich (not all, but certainly the financial sector) covertly switched from the moral ethic of survival of the fittest, in the days of the robber-barons, to the new morality of survival of the richest. And you will be profoundly disturbed beyond where you were when you started to read. Swindled is about how OUR CONGRESS has protected the good of the ultra rich; and forgotten that Thomas Jefferson said, “The role of government is to protect the public good.” Swindled was written so our fellow human beings around the globe, as well as our fellow Americans, will know the whole truth. Swindled is the prologue to a better future, based on THE DOCTRINE OF FAIRNESS.