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Stealing You Blind: How Government Fat Cats Are Getting Rich Off of You Hardcover – July 11, 2011
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New from Michael Savage
Michael Savage reveals why we have an infected political system, and what we can now do to nurse the country back to health. Learn more
Where do all your hard-earned tax dollars go? You don’t know the half of it! . . . This must read manual takes you on a maddening tour that starts at Al Gore’s mansion, winds through the ever-expanding empire of Nanny State busybodies in Washington, and dives into bloated municipal payrolls from the Big Apple to Bell, California. Murray outlines imperative reforms to rein in these new robber barons. If you believe public servants should serve the public and not themselves, get this book.”
Michelle Malkin, Fox News Contributor and author of Culture of Corruption
A powerful government, the liberal myth goes, places a check on special interests and provides a counterbalance to the power of the wealthy. In truth, government growth instead creates a new class of Robber Baronshandsomely paid public servants’ who soon monetize that service to become obscenely paid revolving-door lobbyists and consultants.’ Recovered bureaucrat Iain Murray paints the unseemly picture of our new leisure class’ in vividand often rage-inducingdetail.”
Tim Carney, author of Obamanomics and Senior Political Columnist, The Washington Examiner
Iain Murray eviscerates what he calls the new robber barons, the great empire-builders of the public sector. It is a story of greed, arrogance, and power that would make even a domineering nineteenth-century industrialist blush. This isn’t just a smart and entertaining take-down, but a call to action.”
Rich Lowry, editor of National Review
From the Back Cover
- Before Obama’s election, only one employee at the Federal Department of Transportation earned $170,000 or more; a year later, nearly 1,700 did
- The average Federal worker is paid double what his private sector counterpart earns
- One city administrator was paid $800,000 a year—and wrote himself a pension plan paying $1 million a year
- Los Angeles spent $111 million in stimulus money—to create 55 jobs
- And there’s so much more...
Top Customer Reviews
Stealing You Blind is a depressing read, though a necessary one. Murray only uses the phrase once, but he has written an excellent introduction to the branch of economics called public choice theory. That alone makes this book a worthwhile (and surprisingly quick) read.
One of the basic lessons of economics is that people respond to incentives. The trouble is that many people forget that insight when it comes to government employees. Politicians, and bureaucrats, the thinking goes, are dispassionate, objective, and (usually) act in the public interest. The public choice theorist's job is to remind us that bureaucrats and politicians are people, too. They have incentives, and they respond to them.
Murray does a lot of reminding in this book. It contains story after depressing story of government officials responding to their incentives. A politician's incentive is to win re-election. A regulator's incentive is to expand his agency's turf and budget. A public sector labor union's incentive is to gain members -- usually by growing government and supporting allied politicians.
This has consequences. When regulators have the power to tilt the playing field, businesses have an incentive to come to Washington and see that the field is tilted their way. This is called regulatory capture, and it is a huge source of Washington corruption.
Another incentive that public sector employees share with the rest of us is to get paid. Murray gives many examples of pay-related corruption, such as a city manager in a small California city with an $800,000 salary.Read more ›
The book is a must read for anyone concerned about our runaway budget and the debt we are leaving our children. Murray's writing style and in depth research provides something for everyone from the political notice to policy wonks in Washington.
Murray's book gives a much-needed look at one of the main drivers of the bloated regulatory state -- the people who benefit from its growth.
|Length: 6:34 Mins|
Most Recent Customer Reviews
Very informative. Good research. Comprehensive panorama of the real world behind the curtain of infotainment feeding to us by the controlled evening news of the american mass... Read morePublished on March 26, 2014 by ALEJANDRO MORELOS
Iain Murray has the statistics to back up the title; Stealing You Blind. Some people consider these statistics depressing, I on the other hand consider them fascinating. Read morePublished on April 2, 2013 by Bob Guess
Iain Murray confirms what many already suspected. Namely that the bureaucrats are making our situation worse instead of better. Read morePublished on January 9, 2013 by Gerard Van Stijn
UPDATE: from the [...] website, the inestimable Glenn Reynolds described this book as "MY CANDIDATE FOR BOOK OF THE YEAR: Iain Murray's Stealing You Blind. Read morePublished on July 25, 2011 by No Name
In this concise, witty, and highly accessible book, Iain Murray shows that we have a bureaucracy in the truest sense -- government by bureaucrats. Highly recommended.Published on July 24, 2011 by Phil Kerpen