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    The Escape Artists
    The Escape Artists
    The Escape Artists
    Audiobook9 hours

    The Escape Artists

    Written by Noam Scheiber

    Narrated by Michael Kramer

    3.5/5

    ()

    About this audiobook

    Deeply sourced within Obama's economic team, Noam Scheiber is uniquely
    qualified to profile the squad of elite administration insiders who have
    set and managed the president's economic policies from before the start
    of his term in office, through the crisis, and into our current
    prolonged recovery. These are people we know-or think we know: Obama, Geithner, Summers, Orszag, and a host of others.Scheiber
    shares his profound understanding of each member of the group,
    examining how they work-or don't work-as a team, peeling back the layers
    of each personality while revealing the pragmatism, vision, and blind
    spots each has in the fight to resurrect the American economy. Along the
    way, he sorts out the truth from the myths and the tactical
    finger-pointing that surround the recent worldwide financial meltdown.Here,
    egos compete, personalities clash, and ideas do battle. Never before
    have we seen such a crystal-clear, in-depth look at the way economic
    power is wielded at the highest levels in our nation-in Washington, on
    Wall Street, and in their effects on millions of households in America.This
    book will become the key to understanding whether the Obama team will
    succeed in bringing us back from the brink of economic ruin-or whether
    they have set us up for another crisis.
    LanguageEnglish
    PublisherTantor Media, Inc
    Release dateFeb 28, 2012
    ISBN9781452676388
    The Escape Artists

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    3.5/5

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    • 4/5
      I did try to read the Geithner book. I did. I took it out of the library. But I could not get beyond the first 15 pages. The book was too big and the author, I feel, is personally responsible, along with other from Obama on down, for letting bankers stay out of jail. Instead, I turned to this book, which starts at the financial crisis and ends before Obama's reelection.It's a fine in depth study of how the president, Summers, Geithner, et al just blew the stimulus by not making it large enough. Analysis of Obama's attempts to compromise with the Repugs really validates everything I thought - YOU'RE THE PPESIDENT, DO SOMETHING! - that he searched for reasonableness and compromise for way, way too long. I am sorry to say that he underestimated the blatant racism and veniality of his opponents and it cost us. The people who were thrown from their homes, by cheating banks, lying rating agencies, and greedy CEOs and hedge funders, can never be repaid. And Geithner, who did not come from a banking background, but was a regulator - was incapable of recognizing the human costs of his decisions, and how the exploding housing bubble and lack of jobs, persisting to this day, were far more important crises than the deficit. They let the deficit baboons drive the bus.