Jane White’s book America, Welcome To The Poorhouse is an angry rant that you just may agree with incessantly.
Author Bio: Jane White is Founder & President of Retirement Solutions, LLC, which promotes 401(k) reform and provides investment education.
Publisher: FT Press. A compact 247-pages in hardcover.
Summary: America, Welcome To The Poorhouse is one angry, no-nonsense book! Jane White blames more politicians than I can name for causing the mess we’re all in. She plays no favorites and thinks both parties are corrupt. Phil Gram (R-TX) deregulating the banking industry is the genesis of this crisis, while Chris Dodd (D-CT) is blamed for carrying bank deregulation further by deregulating exotic financial instruments.
Review: America, Welcome To The Poorhouse
Jane even questions whether Bernanke knows anything about economics. One of my favorite assertion of her’s is that big business owns both parties, and politicians are just playing puppets to their lobbyists.