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Throw Them All Out: How Politicians and Their Friends Get Rich off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison

Throw Them All Out: How Politicians and Their Friends Get Rich off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison

3.7 6
by Peter Schweizer

Politicians often come into office with relatively modest assets. As investors, they regularly beat the market and sometimes beat the most rapacious hedge funds. Even without making stock trades, they often retire rich. How do they do it?

Billionaires and hedge fund managers often make well-timed investment decisions that anticipate events in Washington. How do

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Throw Them All Out 3.7 out of 5 based on 0 ratings. 6 reviews.
juiceboxguy More than 1 year ago
Unbelievable, what our law makers can get away with. Between this and the book "Nancy Pelosi's Amgen Conflict" it is clear that our leaders are getting rich off of our tax dollars.
BostonAustin More than 1 year ago
Throw Them All Out, by Peter Schweizer, is an investigation into the secret money deals and insider trading of the American government. In this book, Schweizer outlines how politicians sneak past rules and regulations to get rich easily. This is what he calls “crony capitalism”, a mutation of natural capitalism that aims at personal gains, even if it goes against the law. This book offers ways to stop this illegal money making and overcome the politician’s power to influence the economy. Schweizer also writes about the various functions of government and duties of government officials and how they play into back-door money making. This book is an interesting insight into the secret dealings of the American government. The author’s style was not as engaging as I wish it was and his diction lacked imagination, but the content of the book was intriguing and kept me interested until the end. I would suggest this book for any reader who is interested in the functions of government and how political corruption is affecting the American economy.
Anonymous More than 1 year ago
"throw them all out" is an amazing book. the arthur has researched the money dealings of many of our top congress men and women and senators and how they use their inside influences to gain money matters and self gain for themselfs. this book shows that if the voters were to engadge in these same unethical practices they would be in trouble with the law.
jj39 More than 1 year ago
Did you know that median net worth for Congressmen jumped 15 percent between 2004 and 2010? Undoubtedly you do know that the median net worth of all Americans fell 8 percent during that period. During the 2009 recession, Congressmen individually increased their net worth by 6% while average Americans net worth plunged 22%. Why is the above true? Because Congress has excluded itself from being subject to "the rule of law," a fundamental policy for healthy democracies. Peter Schweizer's book reveals that the US Congress has exempted itself and members from ever being prosecuted for conflict of interest and insider trading. Most irritating of all: Congress has inside information on health care and many POLITICAL LEADERS have used that to enrich themselves in pharmaceutical stocks. As Schweizer reports, the problem in Washington is not gridlock but is a "corruption of the public spirit." A powerful book about just how far we have fallen in recent decades. Remember that Ben Franklin once told someone that this country is a democratic republic, "if you can keep it." We are busy today losing it.
typhoon More than 1 year ago
This is the reason why ALL politicians should be executed for treason.
Ameriguy More than 1 year ago
Wall Street's 'expert committees' 401k managers' age-based (not economy based) junk investment strategies for average Joes. Influencers crashing markets with fake bad news and buying low real quick Influencers booming markets with fake good news and selling high real quick (Helped by Media repeating whatever anyone tells them to say) Doctors charging 50 bucks for cash and 150 for insurance, and refusing cash Outsourcing Fear tactics and cost of Health Insurance Banks giving us .05 percent interest on deposits they place in Fed bonds for more interest 85 percent of national debt is corporations and individuals parking money with the Fed who's less crooked than Wall Street more or less Anyone who says they'll invest tax savings in jobs, rather than simply pocket the extra money for themselves or buy more Fed bonds Just about any professional who invents a need then sells the solution Obama's a newbie. If you want to go after the real career politicians, there are 57 Congressmen who are a part of the 1 percent. Ameriguy