counter create hit A Presidency in Peril: The Inside Story of Obama's Promise, Wall Street's Power, and the Struggle to Control Our Economic Future - Download Free eBook
Hot Best Seller

A Presidency in Peril: The Inside Story of Obama's Promise, Wall Street's Power, and the Struggle to Control Our Economic Future

Availability: Ready to download

When Barack Obama took office in January 2009, he had an unprecedented chance to do what no other recent president could: seize the nation's financial reins from the corporate elite and return them to the American people. Progressives everywhere held out hope that their new leader would take advantage of the economic crisis he stepped into and enact bold policies that woul When Barack Obama took office in January 2009, he had an unprecedented chance to do what no other recent president could: seize the nation's financial reins from the corporate elite and return them to the American people. Progressives everywhere held out hope that their new leader would take advantage of the economic crisis he stepped into and enact bold policies that would evoke real financial reforms-putting Main Street in front of Wall Street, at last. But that, writes Robert Kuttner, is not the way things turned out. Instead, America's best chance for radical financial reform turned into Wall Street's greatest victory. Obama filled his administration with allies of financial elites who were more interested in business as usual than in transformative change. As a consequence, Main Street remained mired in deep recession. Instead of being the instrument of economic renewal, Obama became the target of economic frustration. In this hard-hitting, incisive account, Kuttner shares his unique, insider view of how the Obama administration not only missed its moment to turn our economy around-but deepened Wall Street's risky grip on America's future. Carefully constructing a one-year history of the problem, the players, and the outcome, Kuttner gives readers an unparalleled account of the president's first year. More importantly, though, Kuttner shows how we could-with swift, decisive action-still enact real reforms. This is a book not to be missed by anyone who wants to understand exactly how Wall Street won, and how Main Street can still fight back.


Compare

When Barack Obama took office in January 2009, he had an unprecedented chance to do what no other recent president could: seize the nation's financial reins from the corporate elite and return them to the American people. Progressives everywhere held out hope that their new leader would take advantage of the economic crisis he stepped into and enact bold policies that woul When Barack Obama took office in January 2009, he had an unprecedented chance to do what no other recent president could: seize the nation's financial reins from the corporate elite and return them to the American people. Progressives everywhere held out hope that their new leader would take advantage of the economic crisis he stepped into and enact bold policies that would evoke real financial reforms-putting Main Street in front of Wall Street, at last. But that, writes Robert Kuttner, is not the way things turned out. Instead, America's best chance for radical financial reform turned into Wall Street's greatest victory. Obama filled his administration with allies of financial elites who were more interested in business as usual than in transformative change. As a consequence, Main Street remained mired in deep recession. Instead of being the instrument of economic renewal, Obama became the target of economic frustration. In this hard-hitting, incisive account, Kuttner shares his unique, insider view of how the Obama administration not only missed its moment to turn our economy around-but deepened Wall Street's risky grip on America's future. Carefully constructing a one-year history of the problem, the players, and the outcome, Kuttner gives readers an unparalleled account of the president's first year. More importantly, though, Kuttner shows how we could-with swift, decisive action-still enact real reforms. This is a book not to be missed by anyone who wants to understand exactly how Wall Street won, and how Main Street can still fight back.

40 review for A Presidency in Peril: The Inside Story of Obama's Promise, Wall Street's Power, and the Struggle to Control Our Economic Future

  1. 4 out of 5

    Ietrio

    19th century anti-semitic junk cleaned up of the unpleasant words, rehashed and served as new.

  2. 4 out of 5

    Randy

  3. 5 out of 5

    Zach Freeman

  4. 4 out of 5

    Jim

  5. 5 out of 5

    Colton Richards

  6. 5 out of 5

    Ken Roebuck

  7. 4 out of 5

    Tim

    Very informative and detailed.

  8. 5 out of 5

    Michael Villasenor

  9. 4 out of 5

    Dan Conley

  10. 5 out of 5

    Joel Cigan

  11. 5 out of 5

    Stuart Elliott

  12. 4 out of 5

    Nana Marfo

  13. 4 out of 5

    Keith Kropp

  14. 4 out of 5

    Brian

  15. 4 out of 5

    Addicted2books

  16. 5 out of 5

    Sid Singh

  17. 4 out of 5

    Lynne Williamson

  18. 5 out of 5

    Alexandra

  19. 5 out of 5

    Brian

  20. 4 out of 5

    John J.

  21. 4 out of 5

    Amy Buttery

  22. 5 out of 5

    Peter Manale

  23. 5 out of 5

    Dg

  24. 4 out of 5

    Luis

  25. 4 out of 5

    Christopher

  26. 5 out of 5

    Victor Cosby

  27. 4 out of 5

    Steven Farmer

  28. 4 out of 5

    Angela

  29. 5 out of 5

    Chelsea Green Publishing

  30. 4 out of 5

    Courtney

  31. 4 out of 5

    Ebadur

  32. 4 out of 5

    Hanady

  33. 4 out of 5

    Zulkarnine

  34. 5 out of 5

    Corby

  35. 4 out of 5

    Rebekah

  36. 4 out of 5

    Hakija

  37. 5 out of 5

    Bukslav

  38. 5 out of 5

    John Gage

  39. 4 out of 5

    Foxglove Zayuri

  40. 5 out of 5

    Nschwart

Add a review

Your email address will not be published. Required fields are marked *

Loading...
We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy.