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The Debt Bomb: A Bold Plan to Stop Washington from Bankrupting America Audible – Unabridged

4.6 out of 5 stars 132 customer reviews

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By James Strock VINE VOICE on April 24, 2012
Format: Hardcover Vine Customer Review of Free Product ( What's this? )
One might well approach with caution any book that has a practicing politician as an author. Even where there is a co-author or ghost writer, the result can be overly cautious, even formulaic. Like so much else around an elected official, incessant time demands can prevent in-depth learning, prompting them to rely on longstanding views and facts that may well be out of date.

'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.
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Format: Hardcover
Sen. Coburn's book should add to the outrage that people already feel about the federal government. With a current approval rating of 6%, it's hard to believe people could have a lower opinion of Congress, but after reading this book, they will (especially the Senate in which Coburn sits). But it's not all doom and gloom. In the book Dr. Coburn writes a prescription for what ails the nation. The patient is on the verge of a severe cardiac event, but with immediate and long term treatment, the patient can be saved. All of us have a stake in the health of the nation, and we need to address its ills right now, before it's too late. Everyone should read the book, and take the good Doctor's advice very seriously.
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Format: Hardcover Verified Purchase
Note to Mitt Romney: If you are really serious about fixing the economy and reducing the size of government, select Senator Coburn to be your running mate. His book puts a frightening spotlight on what's wrong with our Federal government and why 91% disapprove of Congress today. I cite just one excerpt: "The problem in Washington is not "gridlock" or an inability to agree. The problem is both parties have agreed to borrow and spend way beyond our means." Sen. Coburn, you're my man.
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Format: Hardcover Vine Customer Review of Free Product ( What's this? )
This is an excellent book by Dr. Coburn, who is a current Republican Senator from Oklahoma. He is not your typical Republican Senator; he is equally likely to criticize the Republican Party as harshly as he criticizes the Democratic Party. He may be the only Senator in Washington who does not care if he does not get re-elected. He is certainly the only Senator in Washington who is not in the pockets of the lobbyists for special interests. After reading the book, I got to admire him for his independence and his principles, but not necessarily for every one of his ideas and proposals.

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.
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Format: Hardcover
Growing up in Kansas, my typical response to jibes about my home state were usually "hey, at least I don't live in Oklahoma". Well, after reading this book, I would officially like to retract those comments and use Nebraska instead, because the citizens of Oklahoma gave this country a huge gift when they sent Dr. Tom Coburn to Congress.

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.
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