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Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street Hardcover – Bargain Price, October 5, 2010
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Top Customer Reviews
He comes off as a hard hitting type and at first I wasn't used to his kind of reporting/writing.
As time goes on Wall Street and Washington seems like a bad movie these days....Gasparino is dead on and calls it the way it is.
For anyone afraid of the truth...wake up and read this !!!
More reporters and "news" networks should step up and tell it the way it is.....good going Gasparino !!!...keep it up you're in the majority.
The main thesis of the book is that the rise of Barack Obama came not from the grass roots of community in his hometown of Chicago, but rather through the efforts of major Wall Street players like Lloyd Blankfein, Jaime Dimon and Larry Fink. Millions of dollars were given by the financial power players to carry Obama to the White House in exchage for "protection" of their empires and to gain favor with him that resulted in moderate success on their part.
Omce you read this book, you will shed the stereotypes of Wall Street bankers that have been in place for years. This is a recommended read. I reiterate, the GOP should NOT make deals with these guys; if they don't, they will be shoo-ins to retain their majority in 2012.
The interesting thing is that the connection has been available for anyone to discover who is a regular reader of mainstream newspapers and magazines.Obama's voting record in the Senate in the 2004-2008 period demonstrates time after time a voting pattern supporting Big Oil,the insurance industry,the HMO's,etc.The connection between Obama and British Petroleum had been established by his Senate voting record.The same holds for his long association with Goldman Sachs and his reliance on many libertarian academics from the University of Chicago's economics department and Booth School of Business ,which teach a fake free trade approach that directly contradicts the analysis of the conservative free trade position provided by Adam Smith on pp.434-439 of the Modern Library (Cannan) edition of The Wealth of Nations with the foreward by Max Lerner.The author does an excellent job of laying out the Goldman Sachs connection.
However,the fact that this connection between Obama and Wall Street is only now coming out means that ,in general,the voting public simply is ignorant of who they have been voting for.Consider the following information that was available in late 2007-early 2008:For example,one could simply read the July 9,2007 issue of FORTUNE magazine to discover who the major backers of John McCain,Hillary Clinton and Barack Obama were.One could also have read Business Week(2-25-2008) or the Los Angeles Times of 3-21-2008.Read more ›
Most Recent Customer Reviews
Excellent job in pulling aside the curtain to expose the kabuki theater that is relationship between political figures and Wall St.. Read morePublished 1 month ago by Constantine
Paid $ 1.20 for this piece of pompous partisan crap. It's clear that this Fox paid actor has an axe to grind because his party lost big and is getting its ass kicked in public... Read morePublished on November 1, 2013 by Michael Wild
The author, Charles Gasparino, an award-winning journalist and currently a senior correspondent for Fox Business Network, gives an accounting that the reality is that Obama and the... Read morePublished on August 20, 2013 by LARRY
Soooo on the mark! Whomever wants to know what's REALLY going on - this is THE book to read! If enough good people read this, hopefully enough will be awakened so we can save our... Read morePublished on February 22, 2013 by Linda W Rubino
For all those that wonder why, after all the rhetoric against Wall Street, the Obama administration has neither implemented meaningful regulations on how Wall Street does business... Read morePublished on September 19, 2012 by Mike Brown
Charles Gasparino is a correspondent for Fox Business Network, a columnist for The Daily Beast and New York Post, and also the author of King of the Club: Richard Grasso and the... Read morePublished on April 9, 2012 by Steven H Propp
Charlie Gasparino nails the hidden relationship Obama has with the biggest players on Wall Street. Gasparino reveals the cozy relationship Wall Street has with the Obama... Read morePublished on January 22, 2012 by John B
This book remains the most convincing explanation I've seen of the background behind the Obama Administration's economic policies and decisions.Published on October 3, 2011 by Walter