- Audible Audio Edition
- Listening Length: 9 hours and 28 minutes
- Program Type: Audiobook
- Version: Unabridged
- Publisher: Tantor Audio
- Audible.com Release Date: July 9, 2012
- Whispersync for Voice: Ready
- Language: English
- ASIN: B008IXLJMY
- Amazon Best Sellers Rank:
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The Debt Bomb: A Bold Plan to Stop Washington from Bankrupting America Audible – Unabridged
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Top Customer Reviews
'The Debt Bomb' blasts straight through such concerns. Senator Tom Coburn is a rarity in today's high-level American politics. He's a true citizen legislator. He's much more a creature of his constituents than someone who is driven by a desire for passing fame in Washington, D.C. Apropos of the topic of debt, he's been prescient and principled.
It seems that each generation produces a select group of politicians who stand for fiscal rectitude, even to the point of eccentricity given the federal government's proclivity for ever greater spending of tax dollars. To the ranks of skinflints like H.R. Gross of Iowa and Bill Proxmire of Wisconsin, we can now add Tom Coburn of Oklahoma.
The difference is that today, to an unprecedented extent, public and private debt is the defining issue of our historical moment. Coburn's role is correspondingly significant.
A fundamental challenge is outlining the problem of debt so that people can understand it. In a representative democracy it's a necessary precondition for government action. Coburn and co-author John Hart accomplish this well. They lay out the historical context, they encapsulate the current conditions, and the illuminate the broader context of our national character and culture.
The book's subtitle is "a bold plan to stop Washington from bankrupting America.Read more ›
I will separate the contents of the book into three, which I will name "what", "why", and "how".
1) The chapters on "What" describe the Debt problem we have in detail. Dr. Coburn is not the first one to expose this problem. But he is the first (and unfortunately the only) Senator who has seriously tried to work with other Senators to find a workable solution in a non-partisan way. Before reading this book, I was well aware of the Debt problem. Dr. Coburn basically added a lot more data and examples to my knowledge. It is well worth reading the book just for that alone.
2) The best (and to me the scariest) part of the book are those chapters and sections that describe "Why". Here, Dr. Coburn analyzes why we ended up having the Debt problem. His analysis concludes that the corruption and the inertia of the "career" politicians in Washington is the reason for the problem in the first place. This is nothing short of a true exposé of what goes on in Congress. We hear about this sort of stuff daily from all kinds of media, but this is the first time an insider tells us about some of the details of what goes on behind the closed doors.Read more ›
The ultimate Don Quixote of fiscal conservatism remains this country's best hope to pull us back from the brink. Sen. Coburn's book is distressing on so many levels, but unlike so many books that only try to tell you the problem that exists and how it developed, Tom gives this nation and more importantly his peers a detailed solution (actually lots of solutions). Unlike other politicians who claim during their campaign that they will go "line by line through the budget", Tom actually has. Nothing is sacred and he finds places to cut and save everywhere.
But in the end, he points to one major problem that Congress will never correct on its own. Political Careerism! If the citizens of this country and the states of this union want to rescue the economy from the (literally) "overnight collapse" of our way of life that Tom's first chapter so clearly illustrates, then it is up to the states to force a term limit amendment to the constitution. (3 terms for the house, 2 terms for the senate)
For a century of this country's history, state governments were the brunt of most corruption jokes and scandals, because that is where the money and power was. While they still have their fair share, the federal government now leads the pack (GSA conferences being just the latest). For some reason the country has yet to understand that all of their money goes to Washington, DC and stays there.Read more ›
Most Recent Customer Reviews
I have admired Tom Coburn's writings & his work in the senate. He had it right. If we don't address the debt problem this country is destined to collapse. Read morePublished 1 month ago by Larry Grose
Senator Coburn carefully outlines the problem of excess debt and possible consequences to our country. He also presents thoughtful solutions. Are we citizens up to the challenge? Read morePublished 13 months ago by jgtbfh
In this powerful book Sen. Coburn does more than point out our nation’s enormous debt, deficit, entitlement and tax problems, but concludes by offering suggestions to solve these... Read morePublished 14 months ago by John E. Wade II
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