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Book Deception and Abuse at the Fed

Download or read book Deception and Abuse at the Fed written by Robert D. Auerbach and published by University of Texas Press. This book was released on 2009-06-03 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Reserve—the central bank of the United States—is the most powerful peacetime bureaucracy in the federal government. Under the chairmanship of Alan Greenspan (1987-2006), the Fed achieved near mythical status for its part in managing the economy, and Greenspan was lauded as a genius. Few seemed to notice or care that Fed officials operated secretly with almost no public accountability. There was a courageous exception to this lack of oversight, however: Henry B. Gonzalez (D-TX)—chairman of the U.S. House of Representatives Financial Services (banking) Committee. In Deception and Abuse at the Fed, Robert Auerbach, a former banking committee investigator, recounts major instances of Fed mismanagement and abuse of power that were exposed by Rep. Gonzalez, including: Blocking Congress and the public from holding powerful Fed officials accountable by falsely declaring—for 17 years—it had no transcripts of its meetings; Manipulating the stock and bond markets in 1994 under cover of a preemptive strike against inflation; Allowing $5.5 billion to be sent to Saddam Hussein from a small Atlanta branch of a foreign bank—the result of faulty bank examination practices by the Fed; Stonewalling Congressional investigations and misleading the Washington Post about the $6,300 found on the Watergate burglars. Auerbach provides documentation of these and other abuses at the Fed, which confirms Rep. Gonzalez's belief that no government agency should be allowed to operate with the secrecy and independence in which the Federal Reserve has shrouded itself. Auerbach concludes with recommendations for specific, broad-ranging reforms that will make the Fed accountable to the government and the people of the United States.

Book Monthly Catalogue  United States Public Documents

Download or read book Monthly Catalogue United States Public Documents written by and published by . This book was released on 1991 with total page 1644 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Public Spirit in the Thrift Tragedy

Download or read book Public Spirit in the Thrift Tragedy written by Mark Carl Rom and published by University of Pittsburgh Pre. This book was released on 2010-11-23 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Harold Lasswell Award of the American Political Science Association The FSFIC failed spectacularly during the 1980s, costing taxpayers an estimated $200 billion. In this award-winning analysis, Rom examines the political causes of this "thrift tragedy." He directly confronts-and rejects-the dominant scholarly "public choice" view that public officials were motivated mainly be self-interest. Instead, Rom argues that politicians and bureaucrats generally acted in the "public spirit" by attempting to obtain the common interest as they saw it. Using new evidence and innovative methods, Rom demonstrates that FSLIC's failure unfolded because of commitments that officials had made in the past and their uncertainties about how to fulfill these obligations in the future.

Book Racism

    Book Details:
  • Author : Albert J. Wheeler
  • Publisher : Nova Publishers
  • Release : 2000
  • ISBN : 9781560728566
  • Pages : 328 pages

Download or read book Racism written by Albert J. Wheeler and published by Nova Publishers. This book was released on 2000 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of all mankinds' vices, racism is one of the most pervasive and stubborn. Success in overcoming racism has been achieved from time to time, but victories have been limited thus far because mankind has focused on personal economic gain or power grabs ignoring generosity of the soul. This bibliography brings together the literature providing access by subject groupings as well as author and subject indexes. Contents: Racial Attitudes; Racism and Poverty; Hate Groups; Racial Justice; Racism and Politics; Race Discrimination; Racial Identity; Racism Around the World.

Book Currencies and Politics in the United States  Germany  and Japan

Download or read book Currencies and Politics in the United States Germany and Japan written by C. Randall Henning and published by Peterson Institute. This book was released on 1994 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: Currencies and Politics is the first comprehensive, in-depth comparison of the institutions and processes that formulate domestic and external monetary policy in the U.S., Germany, and Japan. It outlines the differences in policymaking among the three countries and the policy patterns they produced over the postwar period.

Book Corporate Welfare Policy and the Welfare State

Download or read book Corporate Welfare Policy and the Welfare State written by Davita Silfen Glasberg and published by Transaction Publishers. This book was released on with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of the savings and loan crisis and subsequent bailout reveals that the welfare state is a dynamic process: the bailout is an extension of a larger process of state projects for economic intervention that began with banking regulation following the Great Depression of the 1930s, and continued with the Chrysler bailout legislation in 1979 and the Garn-St. Germain Act of 1982, which deregulated the banking industry. In viewing the welfare state as a power process involving shifts in relative emphases on corporate and social welfare policies and expenditures, this book provides both central case studies and a new conceptual framework for policy debates on "welfare as we know it."

Book Legislative Calendar

    Book Details:
  • Author : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
  • Publisher :
  • Release : 1990
  • ISBN :
  • Pages : 564 pages

Download or read book Legislative Calendar written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs and published by . This book was released on 1990 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Thrift Tragedy

    Book Details:
  • Author : Mark C. Rom
  • Publisher :
  • Release : 1992
  • ISBN :
  • Pages : 414 pages

Download or read book The Thrift Tragedy written by Mark C. Rom and published by . This book was released on 1992 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Federal Reserve Directors  a Study of Corporate and Banking Influence

Download or read book Federal Reserve Directors a Study of Corporate and Banking Influence written by United States. Congress. House. Committee on Banking, Currency, and Housing and published by . This book was released on 1976 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book CIS Index to Publications of the United States Congress

Download or read book CIS Index to Publications of the United States Congress written by Congressional Information Service and published by . This book was released on 1990 with total page 984 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Bibliographic Guide to Business and Economics

Download or read book Bibliographic Guide to Business and Economics written by New York Public Library. Research Libraries and published by . This book was released on 1976 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Quarterly Review

    Book Details:
  • Author : Banca nazionale del lavoro
  • Publisher :
  • Release : 1991
  • ISBN :
  • Pages : 610 pages

Download or read book Quarterly Review written by Banca nazionale del lavoro and published by . This book was released on 1991 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book PAIS Bulletin

Download or read book PAIS Bulletin written by and published by . This book was released on 1990-10 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book BNA s Banking Report

Download or read book BNA s Banking Report written by and published by . This book was released on 1996 with total page 1126 pages. Available in PDF, EPUB and Kindle. Book excerpt: