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Infiltrated: How to Stop the Insiders and Activists Who Are Exploiting the Financial Crisis to Control Our Lives and Our Fortunes, by Jay
Free Ebook Infiltrated: How to Stop the Insiders and Activists Who Are Exploiting the Financial Crisis to Control Our Lives and Our Fortunes, by Jay
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What Every American Needs to Know About the War on Free Enterprise--and Freedom Itself
America: be warned.
A new wave of financial reformers has infiltrated our public institutions at both the state and national levels. A growing army of self-proclaimed activists, philanthropists, and politicians has infiltrated not only the Consumer Financial Protection Bureau, but the FDIC, the Treasury, and other regulatory agencies. This explosive new book from New York Times bestselling author Jay W. Richards reveals the shocking truth about:
- The latest financial regulations—what every consumer and businessperson needs to know
- The Dodd-Frank Reform Act—how it targets the wrong people and problems
- Elizabeth Warren and the Consumer Financial Protection Bureau—what they’re really up to
- Consumer credit and debt—why we need to stop blaming the banks
- The war against free enterprise—what you can do to fight back
This startling account walks you through America’s government and financial industry from the inside out—exposing the surprising history, the colorful characters, and the earthshaking events that got us where we are today.
You’ll meet the political ideologues and extremists whose good intentions paved the road to financial hell. You’ll witness the “blame game” in action, as politicians and the media use the 2008 meltdown as an excuse to further their own agendas. You’ll learn about the terrible consequences that sweeping government reforms have on small businesses and other industries that had nothing to do with the financial crisis.
Finally, you’ll find a special resource section of positive actions and ideas to help you stand up and speak out for your rights.
America is at a crossroads. It is time for us to choose between stricter government control that limits our freedom or a more open free market that is the key to prosperity. This book could make all the difference.
FREE ENTERPRISE IS UNDER ATTACK. THIS BOOK IS AMERICA’S WAKE-UP CALL.
“Big government statists have created a destructive myth that deregulation and greed caused the financial crisis. Richards demonstrates that altruistic government policies supported by crony socialists were the primary cause of the crisis. It is important to debunk the statist myth, because it has been the justification for extremely harmful public policies.”
John Allison, President and CEO, Cato Institute, and New York Times bestselling author of The Financial Crisis and the Free Market Cure
“Infiltrated strips the pretense of compassion from ‘community action’ and rips away the patina of idealism from housing ‘fairness’ hustles. . . . While naming the names and crimes of housing ‘charity’ scammers, Richards expounds an inspiring liberation philosophy of true economic compassion and win-win economic growth for all.”
George Gilder, author of Knowledge and Power
“Fearless and brilliant. Dr. Richards boldly addresses important consumer lending issues in a detailed and exhaustive manner. You may not like his conclusions, but to detractors I say prove him wrong. The absolute best book of its kind.”
Harold A. Black, PhD, Smith Professor of Finance (Emeritus), University of Tennessee
“If you want to know why the popular wisdom about the causes and effects of the financial crisis is mostly wrong, and how such myths will help facilitate similar crises in the future, Jay Richards’s Infiltrated is an eye-opener.”
Samuel Gregg, author of Becoming Europe
- Sales Rank: #996346 in eBooks
- Published on: 2013-08-06
- Released on: 2013-08-06
- Format: Kindle eBook
About the Author
Jay W. Richards, Ph.D., is coauthor of the New York Times bestseller Indivisible and author of Money, Greed, and God, which won a 2010 Templeton Enterprise Award. He is the Distinguished Fellow at the Institute for Faith, Work, & Economics and a Senior Fellow at the Discovery Institute.
Most helpful customer reviews
21 of 21 people found the following review helpful.
Insightful and engaging
By Cleo T
An important and surprisingly engaging book. Like most other Americans, I'd bought into the idea that the 2008 crash was caused by out-of-control bankers and mortgage brokers, and elaborate, opaque financial products. Richards makes a compelling case that the blame lies elsewhere -- largely with government policy -- and therefore the legislative "solutions" thundering down on us are actually setting us up for an even worse crisis. His portraits and stories of key players in our ongoing national drama are eye-opening and fresh. He also offers some commonsense solutions to the mess we're in. Highly recommended.
50 of 59 people found the following review helpful.
A Must-Read for Defenders of the American Experiment
By Jonathan Witt
I have read this cover to cover and can say without reservation that this is a hugely engaging and ground-breaking book, a must-read for anyone interested in our country's slide into statism. While we've been focused on Obamacare and the runaway debt, an unholy marriage of Democrats, do-gooders and well-heeled Wall Street insiders looking to tilt the playing field unfairly in their favor are posing perhaps an even greater threat to the American Experiment.
For those who follow free market writers closely, it's well known that government interventions in the financial markets, rather than too much economic freedom, fueled the housing bubble and paved the way to the subsequent housing collapse and financial crisis. Infiltrated beautifully summarizes this important reality in a single chapter, but it's in two other areas where I find the book a must-read. The first is the book's often novel-like descriptions of the characters and tactics that led from small beginnings to the Leviathan creature that is Dodd-Frank. Understanding the opposition -- their strategies and appeal, their cynicisms and idealism -- is crucial to mounting a successful counterattack.
The second reason I find the work a must-read for defenders of American liberty is the way it explains how activists and politicians have used the financial crisis to double down on precisely the big-government hyper-regulatory "solutions" that got us into the financial crisis in the first place.
The book explains all of this with the sort of accessible, engaging prose that characterized Richards' previous bestseller, Indivisible. The new book goes on to lay out a highly practical blueprint for mounting a successful counteroffensive. Read Infiltrated and let other know about it. Ignorance is only bliss for the insiders and activists who hold the keys to kingdom of crony socialism that they are quietly building right under our noses.
21 of 23 people found the following review helpful.
Important Book!
By ABB
This book is sure to become an important part of the national conversation! I expect we'll see this author arguing his perspective on major televison shows very soon, and I look forward to it. Jay Richards easy style and intense research makes this book perfect for leading us through the morass of issues surrounding the financial crisis. The intriguing stories right from the beginning make it a pleasure to read. And least we be fooled, Richards makes sure we understand that the cause of this catastrophe is still alive and well and hiding in plain sight.This is an important book for all who want to see a brighter future.
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