The Great American Stick Up by Robert Sheer

This book was a great read that depicts the roots of the current economic collapse which began as a birthchild of the husband wife duo, Phil and Wendy Gramm back in the Reagan era. The book dives into the intricacies of the deregulatory ethos of the Reagan republicans which spread into the following administrations and finally really took hold at the end of the Clinton administration (with Clintons help). From Enron to Lehman Brothers, this book explains the intimate relationships between the treasury, the fed and the major financial institutions which helped conceal the flow of money. The real tragedy is that our tax payer dollars are being funnelled through government into the large financial institutions which ultimately has landed in the laps of the ultra-rich. Even today as the government continues to pass tax cuts for the rich and the disparity between wealthy and all the other classes grows even bigger, there is no true power able to champion the moral cause for the majority of the American public, the middle class. The book, unfortunately, does not end on a positive note as there is nothing positive to be taken from the amazing story thats unfolded within its pages. I highly recommend this book!