Features
- Cover Type: Paperback with 256 pages
- Published by: Seven Stories Press July 1, 2008
- Written in: English
- ISBN 10 Number: 1583228659
- ISBN 13 Number: 978-1583228654
-
Book Dimensions:
19.6 x 12.5 x 0.7 inches
- Weighs: 8 ounces
Product Description
Best-selling author John R. Talbott, widely regarded as one of the first to predict the current housing and mortgage crisis, turns his attention to the economic possibilities achievable under a Barack Obama presidency. Obama's greatest strength is his ability to bring the country together. For too long divisions among races, religions, political views, cultures, genders, and sexual preferences have prevented Americans from coming together to solve the most important problems of our generation. Global warming, lobbying reform, poverty, health care, wars, terrorism, education, housing and banking reform, and energy and water shortages-these are complex global problems that Talbott argues cannot be left to the free market business world or governments to solve.
Once emphasis is placed on citizen involvement, real solutions become apparent to our most pressing problems. A completely laissez-faire world of unregulated markets and uncontrolled globalization can be returned to a properly regulated free market that responds to the voice of a democratic people. And the American values of goodness, justice, and fairness to all Americans reflected in this young man of Africa and Kansas can once again be incorporated into our economic and financial system.
A former investment banker for Goldman Sachs,
John R. Talbott is the author of four books on economics and politics, including
The Coming Crash in the Housing Market. He has appeared on CNN, Fox News, CNBC, and CBS Marketwatch and has written for
The Wall Street Journal, the
Financial Times, and
The Boston Globe.
About The Author
A former investment banker for Goldman Sachs, John R. Talbott is the author of four books on economics and politics, including "The Coming Crash of the Housing Market," a bestseller that predicted the current housing and mortgage crisis. He's appeared on CNN, Fox News, CNBC, CBS Marketwatch and written for the
Wall Street Journal and the Financial Times.
Reader Reviews"Obamanomics" presents some of the approaches an Obama administration would employ to lower the debt, close the gap between the rich and poor, and lessen the enormous influence corporations have on U.S. and global society in general The Corporation. There is a tendency among supporters of plutocracy to ridicule those who criticize corporations, but it's a critique that's even more necessary now than it was when Teddy Roosevelt was trust-busting, and when Thomas Jefferson was saying, "I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial of strength, and bid defiance to the laws of our country." Obama does not accept money from lobbyists, which is a stark contrast to John McCain who welcomes lobbyists into his "straight-talk" bus McCain: The Myth of a Maverick. Talbott points out that an Obama administration would be friendlier toward the working class, which has suffered tremendously under the Bush administration Screwed: The Undeclared War Against the Middle Class - And What We Can Do about It (BK Currents (Paperback)). As people are pressured to work more hours while losing benefits, CEOs and the investor class walk off with wheel barrows full of money. To add insult to injury, a lot of the wealthy's so-called "earnings" come about through taxpayer investment in research and development, tax credits, government purchases, and countless other forms of socialism for the rich Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You with the Bill). An Obama administration will face all sorts of obstacles to creating real change. Our plutocracy is deeply entrenched and ruthless The Best Democracy Money Can Buy. Nevertheless, this book shows that there is a movement developing that is bigger than Obama and is doing its own work to advance causes like worker rights A Country That Works: Getting America Back on Track, Fair Trade Fair Trade for All: How Trade Can Promote Development, and sustainability Green to Gold: How Smart Companies Use Environmental Strategy to Innovate, Create Value, and Build Competitive Advantage. Even if the right-wing rigs this election (see books like "How to Rig an Election: Confessions of a Republican Operative" and DVDs such as "Hacking Democracy"), concerned people will continue the paradigm shift that is reflected in the Obama phenomenon and in journals like Yes!. Whether it will grow large enough and quickly enough is hard to say, but it's fun to watch its development and to find ways to make our own contributions Getting a Grip: Clarity, Creativity, and Courage in a World Gone Mad.
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