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Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses Hardcover – November 30, 2009

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Timothy P. Carney (Author)
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4.4 out of 5 stars 21 customer reviews
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Product Details

  • Hardcover: 256 pages
  • Publisher: Regnery Publishing; First Edition edition (November 30, 2009)
  • Language: English
  • ISBN-10: 1596986123
  • ISBN-13: 978-1596986121
  • Product Dimensions: 6.6 x 1.1 x 9.3 inches
  • Shipping Weight: 1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (21 customer reviews)
  • Amazon Best Sellers Rank: #1,221,258 in Books (See Top 100 in Books)

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5.0 out of 5 starsA Primer on Rhetoric v. Reality
By Fritz R. Ward VINE VOICE on November 24, 2009
Format: Hardcover Verified Purchase
"Obamanomics" is the title of two books on the economic platform of the Obama administration. Apparently the phrase has a nice catch to publishers. But in the hands of Timothy Carney, author of this book, "Obamanomics" is shorthand for corporatism; the use of big government regulations to support corporate profits. This, of course, is not how most commentators see the new administration. They accept the rhetoric that this administration is promoting change by putting the interests of ordinary citizens ahead of corporate lobbyists. As this important book reveals, nothing could be further from the truth.

During his campaign for president, Obama carefully crafted a message of change. A repeated theme of the campaign was that big business had too much power in the Bush administration and his own administration would strictly regulate lobbyists and their corporate sponsors. Throughout the election, the Obama campaign successfully portrayed John McCain as a representative of "Big Business" while suggesting that Obama was funded by donations from average Americans. This myth is still believed by many Americans today. Throughout the book, however, Carney shows how fundamentally wrong this conception is. Obama received far more money from big pharmaceutical companies, like Pfizer, from big oil, like Exxon Mobil, from GE and Goldman Sachs, than McCain. Indeed, he received more than any other candidate for President in history. Carney carefully details the money spent on Obama industry by industry and in subsequent chapters describes just what all this money bought.

In general, popular mythology notwithstanding, large corporations routinely benefit from government regulation. Carney details several ways this can happen.Read more ›
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5.0 out of 5 starsAn indispensable book from an indispensable reporter
By M. Connolly on December 4, 2009
Format: Hardcover Verified Purchase
No joke: this is best book about how Washington really works you will see this year. It's probably the best since Carney's last effort, The Big Ripoff. If you want the inside story on how policy is made, you cannot ask the politicians, or the lobbyists, or the labor bosses, or the big businessmen. They have every incentive to lie, or at least, to spin you. Every reporter in Washington knows that the best stories are about what happens before and after, not during, the press conference. What company hires what political aides to lobby what subcommittee chairman to get their little earmark, their cherry-picked amendment, or their bailout?

For years now, in his regular columns and two excellent books, Carney has been doing real time, serious investigative journalism at this nexus of policy making, big business, and interest-group knife-fighting. In Obamanomics, Carney follows the money -- special interest groups to campaign committees to bailed out boardrooms. You'll see who is leading the seemingly noble campaigns for green energy, health care reform, and financial regulations... and how those same people are coincidentally positioned to make billions off of the policy changes they themselves have written.

Obamanomics has the substance for a policy wonk, but is written as a fast and entertaining read for the layman -- more like an episodic novel than a policy paper. The Becks and Olmbermanns have their place in the national dialogue, but Tim Carney's work is not punditry: it's old school shoe leather journalism.

I have three copies already -- one for me, and two already wrapped as Christmas gifts. It will probably serve as my go-to present for politically-minded friends for the next few years, too.

Obamanomics is everything you (don't want to know but) need to know about how Washington works in the age of Obama. It is, quite simply, an indispensable book from Washington's one indispensable reporter.
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5.0 out of 5 starsBusiness as Usual in Washington, DC
By Larry Underwood on December 16, 2009
Format: Hardcover Verified Purchase
Corporate America's PAC money has been controlling the political power brokers in Washington, DC for decades; this is nothing new. The rhetoric that Barrack Obama used---that he was going to bring about "change" in America (now known as ObamaNation)---got him elected, and to this point, much of America is still being fooled by that rhetoric; especially since a liberal media is giving him a free pass on just about anything he does.

Timothy P Carney has compiled a remarkably comprehensive piece of investigative reporting, and after the dust has settled, the reader will come away knowing that our new president is as clever as any sleazy politician ever; his image of standing up against the big corporations, while promoting the cause of the "little guys" is about to be tested with the facts that Carney has gathered. His effort is monumental, and well documented; and for Barrack Obama, this is more evidence of corruption that any American should be outraged by; this time, there's not enough rhetoric to cover up the simple truth.

It's business as usual in Washington, DC; and the fat cats of corporate America are only getting fatter, and more corrupt. The details are right here in this book.
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5.0 out of 5 starsObamanomics - a MUST READ
By Jeffersonian Liberal on December 14, 2009
Format: Hardcover Verified Purchase
The fact that this book is getting little attention in the media demonstrates one of the points in this book - the big media is owned by the same corporations that are using the federal government to control the business environment and thereby improve their own profits at the expense of the rest of the country.

This book is not just about the Obama administration - it is really an expose on how the giant corporations and banks are controlling our government for their own selfish gain. Obama is really just accelerating the same agenda that has been occurring for many years.

This book contains no histrionics or speculation. It is carefully researched and documented. Do us all a favor - read this book and then spread the word.

I don't think I'm exaggerating to say that this is the most important book written on politics in recent times.
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Most Recent Customer Reviews

5.0 out of 5 starsGreat book

There are several people who think the author has been unfair, but Obama fits the role as fascist/corporatist. Read more

Published on January 6, 2013 by Freedom First
4.0 out of 5 starsSo far so good

only read the first few chapeters so far, but so far it has enlightened me as to the reality of how even though obama claims to be against big companies, he's actually working side... Read more

Published on December 19, 2012 by Scott Brownell
5.0 out of 5 starsHighly Recommendable

Very clear and concise from what I could tell. Gave a point-by-point analysis of the economic problems right now and clear answers whey Liberl Economics are not working. Read more

Published on October 30, 2012 by Michael Rigg
5.0 out of 5 starsPolitical Reality in America

"Obamanomics" reveals how the political system really works in America. This book is well written and well researched. A-1. Read more

Published on November 23, 2010 by The Evaluator
4.0 out of 5 starsRight On.

If after reading this book, you aren't calling the president "Showbama" then you're probably related to him! This book takes the mask off, and it's NOT pretty. Read more

Published on September 15, 2010 by kalm77
5.0 out of 5 starsGovernment Big business connection

Until I read this book I had no idea of the connection between big business and the government. This is an excellent book that will change your thinking on bills being passed in... Read more

Published on June 10, 2010 by Gary J. Banuk
4.0 out of 5 starsBefore you swallow the GOP meme on Obama, read this book

This book, if you let it, will change your ideas about welfare, socialism, and the true challenges facing reform movements like the Tea Parties. Read more

Published on April 20, 2010 by Kindle Customer
5.0 out of 5 starsA Case Study in Crony Capitalism

One of the most tired clichés in American political discourse is that Republicans are shills for Big Business while Democrats are tireless advocates for the Average Person. Read more

Published on March 26, 2010 by George P. Wood
5.0 out of 5 starsExposes the Myth of Obama as Enemy of Big Business

I read a fairly large amount of material critical to President Obama, but this book still had lots of news to me. Read more

Published on March 19, 2010 by HVeinott
5.0 out of 5 starsCarney exposes the Big Business connection to Big Government and how...

Timothy Carney does a fabulous job in showing us the way the media misrepresents the supposed war between Government and Big Business. Read more

Published on March 18, 2010 by Craig Matteson

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