Jeff Connaughton's "The Payoff: Why Wall Street Always Wins" A Book Review
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See more. Andrew Yang.
Payoff in the Pit of the Plutocracy - chlortibiketa.cf
From Democratic presidential candidate Andrew Yang, a captivating account of how "a skinny Asian kid from upstate" became a successful entrepreneur, only to find a new mission: calling attention to the urgent steps America must take, including Universal Basic Income, to stabilize our economy amid rapid technological change and automation.
The shift toward automation is about to create a tsunami of unemployment. Not in the distant future--now.
One recent estimate predicts 45 million American workers will lose their jobs within the next twelve years--jobs that won't be replaced. In a future marked by restlessness and chronic unemployment, what will happen to American society? Rapidly advancing technologies like artificial intelligence, robotics and automation software are making millions of Americans' livelihoods irrelevant. The consequences of these trends are already being felt across our communities in the form of political unrest, drug use, and other social ills.
The future looks dire-but is it unavoidable? In The War on Normal People, Yang imagines a different future--one in which having a job is distinct from the capacity to prosper and seek fulfillment. At this vision's core is Universal Basic Income, the concept of providing all citizens with a guaranteed income-and one that is rapidly gaining popularity among forward-thinking politicians and economists. Yang proposes that UBI is an essential step toward a new, more durable kind of economy, one he calls "human capitalism. Tucker Carlson.
The people who run America now barely interact with it. They fly on their own planes, ski on their own mountains, watch sporting events far from the stands in sky boxes. They have total contempt for you. In Ship of Fools, Tucker Carlson offers a blistering critique of our new overlords and answers the all-important question: How do we put the country back on course?
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Traditional liberals are gone, he writes. The patchouli-scented hand-wringers who worried about whales and defended free speech have been replaced by globalists who hide their hard-edged economic agenda behind the smokescreen of identity politics. Left and right, Carlson says, are no longer meaningful categories in America. Plunder and Deceit. Mark R.
In modern America, the civil society is being steadily devoured by a ubiquitous federal government. This book takes us inside their dogged crusade against institutional inertia and industry influence as they encounter an outright reluctance by the Obama administration, the Justice Department, and the Securities and Exchange Commission to treat Wall Street crimes with the gravity they deserve.
On financial reforms, Connaughton criticizes Democrats for relying on the very Wall Street technocrats who had failed to prevent the crisis and Republicans for staunchly opposing real reforms primarily to enjoy a golden opportunity to siphon fundraising dollars from the Wall Street executives who had raised millions to elect Barack Obama president. Connaughton, a former lawyer in the Clinton White House, illuminates the pivotal moments and key decisions in the fight for financial reform that have gone largely unreported.
His arch, nonpartisan account chronicles the reasons why Wall Street's worst offenses were left unpunished, and why it's likely that the debacle will happen again. Read The Payoff. This guy [Jeff Connaughton] worked with Sen Kaufman, our champ!
You can pretty much feel the acid gushing into your stomach as you read it. This author has really lived in and understood the Wall Street-Washington corridor.
The book is partly about his education and ultimate disappointment, most of all with the Obama administration but definitely with both parties. Attorney General Eric Holder, he noted, said in his swearing-in that he would make it a priority. We thought we were making sure that they were doing the right thing, and they said all the right things in hearings, and nothing happened.
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