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

by Peter Schweizer

Overview

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
Publisher:	HarperCollins
Publication date:	11/23/2010
Pages:	217
Sales rank:	318,893
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

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

Editorial Reviews

An entertaining exposure . . . In a series of 11 profiles on leftist icons from Noam Chomsky and Al Franken to Hillary Clinton and Ted Kennedy, Schweizer reveals that the most vocal liberals do not practice what they preach.

Weekly Standard

Praise for DO AS I SAY, NOT AS I DO: “A spirited attack on lefty icons.

New York Times

Praise for DO AS I SAY, NOT AS I DO: “A spirited attack on lefty icons.” — New York Times

“An entertaining exposure . . . In a series of 11 profiles on leftist icons from Noam Chomsky and Al Franken to Hillary Clinton and Ted Kennedy, Schweizer reveals that the most vocal liberals do not practice what they preach.” — Weekly Standard

From the Publisher