Architects of Ruin: How Big Government Liberals Wrecked the Global Economy--and How They Will Do It Again If No One Stops Them

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In Architects of Ruin, New York Times bestselling author and conservative historian Peter Schweizer argues that the economic crisis was caused by liberals who used the power of government to create a subprime mortgage bubble that has ravaged the global economy. Rebutting charges that the financial collapse was caused by conservative deregulatory zeal, Schweizer, the author of Do as I Say (Not as I Do): Profiles in Liberal Hypocrisy, shows that it was actually the result of “do-good capitalism.”

Product Details

ISBN-13: 9780061953378

Media Type: Paperback

Publisher: HarperCollins Publishers

Publication Date: 11-23-2010

Pages: 217

Product Dimensions: 5.20(w) x 7.90(h) x 0.70(d)

About the Author

Peter Schweizer is the president of the Government Accountability Institute and the former William J. Casey Fellow at the Hoover Institution, Stanford University. He is a number one New York Times bestselling author whose books have been translated into eleven languages.

Table of Contents

Table of Contents

Introduction: A Failure of Capitalism-or Liberal Social Engineering? ix

1 The Robin Hood Agenda 1

How a Gang of Radical Activists and Liberal Politicians Set the Stage for the Biggest Bank Heist in History

2 $4 Trillion Shakedown: The Left's Activist Jihad Against American Banks 28

3 The Clinton Crusade: How Democrats Made Credit a Civil Right 46

4 Cover Your Fannie: How Fannie Mae and Freddie Mac Were Taken Over by Liberal Activists 76

5 The Golden Trough: How Liberal Politicians Used Fannie and Freddie to Rig the Real Estate Market While Lining Their Own Pockets 104

6 Do-Good Capitalists: Bill Clinton's Seduction of Wall Street and the Birth of the Bailout Culture 120

7 Minority Meltdown: A Tale of Two Bubbles 152

8 Robin Hood Comes to the White House: How Barack Obama's Plans to Use Liberal State Capitalism Will Create the Next Big Economic Meltdown 167

Acknowledgments 185

Notes 189

Index 211

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