Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets Author: Visit Amazon's Peter Schweizer Page | Language: English | ISBN:
0544103343 | Format: EPUB
Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets Description
About the Author
PETER SCHWEIZER is a research fellow at the Hoover Institution, Stanford University, and he is the founder and director of the Government Accountability Institute. He has written for the New York Times, Wall Street Journal, Newsweek/Daily Beast, and elsewhere. His books include Throw Them All Out, which exposed congressional insider stock trading and led to the passage of the STOCK Act.
- Hardcover: 256 pages
- Publisher: Houghton Mifflin Harcourt Trade (October 22, 2013)
- Language: English
- ISBN-10: 0544103343
- ISBN-13: 978-0544103344
- Product Dimensions: 9.2 x 6.4 x 0.9 inches
- Shipping Weight: 14.4 ounces (View shipping rates and policies)
It is generally known that rich and powerful people and corporations have Congressmen in their pocket. They ask a Congressman for "favors" and tell them to vote a certain way on a bill, and that entity, whatever it is, will take care of that politician, donating money for his or her campaign to insure that he or she will be reelected.
What if, in reality, it's the other way around? What if it's the politician that has the corporation, or some other powerful entity in his pocket, and it's the politician, be it a senator or congressman, that tells that entity to donate to his campaign, how much to donate, and that congress will insure that the corporation will remain in business with handsome profits to boot.
This is what this book is about, a role reversal of the two entities, and how it is the politician who has the power, not the corporation, company, or rich tycoon, for lack of a better phrase.
This book has been thoroughly researched by the author, and what you will find here may surprise you.
The congressman, or senator, is the one who has the power to vote on a bill that will affect corporations and individuals, and he knows this. Because of this, they will use their leverage to get what they want, mostly money, for reelection, but also to put in their own private bank accounts, and even the accounts of their fellow officeholders, and all this is legal. I'll give you a few examples. When a bill is passed that will affect an entity, that will cost it money to adjust their company, be it environmental or otherwise, that politician can go to this entity (corporation) and tell them how it will affect them, what they will have to pay for, and how much money it will cost them.
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