Cover image for Architects of ruin : how big government liberals wrecked the global economy---and how they will do it again if no one stops them
Title:
Architects of ruin : how big government liberals wrecked the global economy---and how they will do it again if no one stops them
Personal Author:
Publication Information:
New York : Harper, 2009
Physical Description:
xx, 217 pages : 24 cm.
ISBN:
9780061953347

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30000010225964 JC574.2.U6 S34 2009 Open Access Book Advance Management
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30000010225963 JC574.2.U6 S34 2009 Open Access Book Advance Management
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Summary

Summary

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."


Author Notes

Peter Schweizer is lives in Palo Alto, California.


Table of Contents

Introductionp. ix
A Failure of Capitalism-or Liberal Social Engineering?
1 The Robin Hood Agendap. 1
How a Gang of Radical Activists and Liberal Politicians
Set the Stage for the Biggest Bank Heist in History
2 $4 Trillion Shakedownp. 28
The Left's Activist Jihad Against American Banks
3 The Clinton Crusadep. 46
How Democrats Made Credit a Civil Right
4 Cover Your Fanniep. 76
How Fannie Mae and Freddie Mac Were
Taken Over by Liberal Activists
5 The Golden Troughp. 104
How Liberal Politicians Used Fannie and Freddie to Rig the Real Estate Market While Lining Their Own Pockets
6 Do-Good Capitalistsp. 120
Bill Clinton's Seduction of Wall Street and the Birth of the Bailout Culture
7 Minority Meltdown
A Tale of Two Bubblesp. 152
8 Robin Hood Comes to the White Housep. 167
How Barack Obama's Plans to Use Liberal State Capitalism
Will Create the Next Big Economic Meltdown
Acknowndgementsp. 185
Notesp. 189
Indexp. 211