9 of 14 people found the following review helpful
Agreeable and disagreeable all at once,
This review is from: Greedy Bastards: How We Can Stop Corporate Communists, Banksters, and Other Vampires from Sucking America Dry (Hardcover)
To start out, Greedy Bastards is a very insightful book. And it is written in a simplistic enough way to make it easy for the common person to pick up and read. It gets to the point with what it tries to say and get across. If you have any sort of finance back ground (like me) none of the information in this book is really news to you. Heck in college we learned how to manipulate stocks going down by shorting them.
In his book he states:
A political system in which lobbyists write legislation, lawmakers place "secret holds" to create more pork for their districts, and money drives the whole process.
A banking system that uses capital for speculation and debt creation, rather than productive investment.
A "master-slave" relationship with our Chinese bankers, making our corporations and politicians complicit in a system that rigs our currency and leaves us with permanent joblessness and massive trade deficits.
A health care system that is among the priciest and least sustainable in the industrialized world.
An educational system that prizes prestige but produces mediocrity.
An addiction to foreign oil that has sapped us of our willingness to innovate, made us reliant on inefficient technologies, and left us supportive of corrupt governments.
He is accurate in many of his assessments. Where I began to disagree with him was in his assessment of foreign trade relationships. I won't get long winded here but can you really blame US corporations for going overseas to seek new workers. With unions in the US completely destroying wages by demanding more and more and more benefits and continuously higher pay it began to not make financial sense for America's manufacturing sector to stay here. I am still surprised we make cars within the United States. The United States has shifted more and more to a specialization economy. So until we develop a more specialized manufacturing sector (alternative fuel/energy development, quantum computing processors, etc) then the manufacturing sector will remain dead in the US.
We all know our government is bought and paid for from top to bottom. Every industry in this country gets away with murder in this country. But at the end of the day whose fault is it really? The morally absent politicians? The greedy corporations? Or is it the fault of the American people? I mean at the end of the day we are the ones that vote for these people. We are the ones with the outlets to let our voice be heard. We are the ones that need to get angry. But yet only a few do. Only a small few actually care about the direction/future of this country. People not caring is the reason why the last 40 years have been progressively crap. And it only continues to get worse.
Dylan sounded an alarm that has been blaring for years. Sadly, most people choose not to hear it.