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The Price of Loyalty : George W. Bush, the White House, and the Education of Paul O'Neill Paperback – Bargain Price, September 2, 2004
| Ron Suskind (Author) Find all the books, read about the author, and more. See search results for this author |
- Print length432 pages
- LanguageEnglish
- PublisherSimon & Schuster
- Publication dateSeptember 2, 2004
- ISBN-100743255461
- ISBN-13978-0743255462
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Product details
- ASIN : B0008EH6KA
- Publisher : Simon & Schuster; First Paperback Edition (September 2, 2004)
- Language : English
- Paperback : 432 pages
- ISBN-10 : 0743255461
- ISBN-13 : 978-0743255462
- Item Weight : 13.6 ounces
- Best Sellers Rank: #11,875,149 in Books (See Top 100 in Books)
- #7,952 in United States Executive Government
- #51,503 in History & Theory of Politics
- #56,175 in Deals in Books
- Customer Reviews:
About the author

Ron Suskind is the author of the New York Times bestsellers The Way of the World, The One Percent Doctrine, The Price of Loyalty, and A Hope in the Unseen. From 1993 to 2000 he was the senior national affairs writer for the Wall Street Journal, where he won a Pulitzer Prize. His newest book, Life, Animated, chronicles his son Owen's struggle with autism and the way in which the family used Owen's affinity for Disney to connect with him. He lives in Cambridge, MA, where he is Senior Fellow at Harvard's Safra Center for Ethics.
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The book vividly portrays Mr. O'Neill's two years as Secretary of the Treasury in President Bush's White Cabinet and the collision of two policy-making processes - one based on a dispassonate technocrat-driven study of the facts and one based on dogma.
I disagree with the reviewers who felt this book is a rant by a disenchanted former insider. I also disagree with the reviewers who felt that this book is an indictment of the Bush White House.
The book is a narrative history of Mr. O'Neill - his views, thinking, and ideology are reflected in his actions and words. Mr. Suskind did a wonderful job of capturing the character of the man during his two years in the White House.
Why 4 1/2 stars? Part of the allure of Mr. Suskind's book is that it allows the reader to decide what he/she believes about Mr. O'Neill. Is he an independent thinker or a loose cannon?
On a couple of smaller points, I wanted more information. For example, during Mr. O'Neill's involvement with the clean water for Africa issue, Mr. Suskind reported that experts felt that the facts did not support Mr. O'Neill's policy recommendation. Such an allegation cut to the quick Mr. O'Neill's idea of how policy should be formulated - a dispassionate review of the facts - especially since the issue was outside his area of expertise. I wanted to know how he responded. Did he change his views? Did he dig for additional information? Or did he have an underlying prickly side that did not handle criticism well? Valid qustions about an interesting individual, but, as I mentioned, minor points in an otherwise excellent narrative history.
O'Neill's served as the first lasting shot because of the inability of the White House to force him to renege, but also because of his stature O'Neill had a seat at the table of some of the bigger discussions of the first two years of the Bush White House (though not at the political table). What he saw shocked the man who had spent decades working for previous republican presidents. O'Neill is a man of reason, principle, and cautious analysis. The carelessness with which Bush, Cheney, and the political people acted on what should have been serious issues amazed and shocked O'Neill.
As such, O'Neill began to speak out off script. He was considered loose cannon by the political team, and was eventually held at arms length. Finally, after the mid-term elections of November 2002, Cheney fired O'Neill.
The audio recording was very well done by actor Edward Hermann. Overall the book was eye opening. I highly recommend this book.
Perhaps it's to harsh to put it quite this way, but it seems that a large part of this book is the story of O'Neill conspiring with his old friend Alan Greenspan to subvert the tax cut plan that came out of the presidential campaign. The desire on the part of the Treasury Secretary to influence economic policy is not controversial but the approach as described seems unusual to say the least: petulant, passive-aggressive behavior. Another of O'Neil's themes is that the inner circle of the administration (of which O'Neil was not a part) had already made its mind up on a number of subjects - including the tax cuts - and the subterfuge was carried out in frustration with not being heard, but it is disturbing to think that the Secretary of the Treasury of the United States of America would either be forced into such a position or that he would stoop to such behavior as a response.
In fact, reading this book produces a very broad based sense of unease. On the one hand, O'Neil describes an administration that operates entirely on a preconceived, purely politically-motivated basis, completely lacking in intellectual curiosity or integrity (the famous quote about a blind man in a room full of deaf people and the claim that Iraq and tax cuts were the administration's exclusive focus from the very beginning). On the other hand, this is the Treasury Secretary that maneuvered to propose a tax rebate to Congress without even informing his boss, to say nothing of getting his agreement; and the story of trekking through Africa in wingtips with a rock star is an odd, comic twist on TR.
What are we to make of this? Even though this book seems to confirm a number of the unflattering press descriptions of the administration's behavior, it undermines its own credibility. Furthermore, there's a big part of me that simply does not want to believe that the United States of America is so badly managed. Not from any partisan consideration but simply as a proud and concerned citizen.
The book is very well written and easy to read, plus it is an interesting description of a very important subject, namely the still-evolving story of early 21st century America in a changing and difficult world.
Top reviews from other countries
Easy to read, and very interesting study ot both politics and economics.
本書は分量はあまりないし、オニールの仕事も、アフリカ方面福祉等?な内容のものがかなりを占める。それは、彼が最初から政権内で孤立しており、次第に干されていったことと平仄があっている。
それではオニールは何もしなかったかというと、課税政策で影響力を示したほか、企業改革法SOXのCOE宣誓ルールの導入に非常に積極的であったという。評者は同ルールの意義に懐疑的であるが、財務長官就任前アルコアCOEを勤め、古き良き米国的経営者でありながら今日でも通用する競争性を備えたオニールの発案であったことを知り、意外と思うと同時に、考え直してみたいと思った。
なお、「セイビングザサン」が名訳だったので、翻訳者名から本書をヒットした。本書の翻訳もすばらしいことを申し添える。


