28 Trillion Later : How One Bank and A Lobbying Firm Destroyed the Global Economy (Paperback)

From Biblical times to the Wall Street bailout, $28 Trillion Later: How One Bank and a Lobbying Firm Destroyed the Global Economy is Tyler Forster's meticulous study of the historical progression leading to financial woes. The Wilson administration and the dematerialization of the stock market, the Clinton era and Obama's recovery plans, all these and more are scrutinized in this hard-hitting investigation. Forster sheds a harsh light on the dangers of a privately owned central bank-the Federal Reserve-and drives home the point that bailing out member banks creates havoc, not security. His logic regarding the return of hard money into the system and abolishing central banks, toughening oversight regulations, and preventing government officials from belonging to the Council on Foreign Relations make sense. Perhaps most important is the question this book asks readers to seriously consider: When a major company fails, is government bailout the best solution?