Book Bits | 29 July 2017

The Chickenshit Club: Why the Justice Department Fails to Prosecute Executives
By Jesse Eisinger
Interview with author via
Like many of us, Eisinger was perplexed and even infuriated by the utter lack of prosecution following the great financial crisis and recession. Fraud was rampant, with an obvious paper trail leading to senior management at various banks and brokers. It should have made for winning prosecutions and help top heal society following the crash and recovery. The issue of why white collar criminals are treated with such respect, and afforded rights not available to blue collar criminals gets a thorough review.

Why the Rich Are Getting Richer
By Robert T. Kiyosaki
Interview with author via
The rich are better educated about money and that’s why they keep getting richer, according to financial author Robert Kiyosaki, author of Why the Rich Are Getting Richer. He also said the 1% tend to rely on debt to boost their wealth and acquire more assets. Kiyosaki is also the author of the eponymous financial book Rich Dad, Poor Dad.

The Grid: The Fraying Wires Between Americans and Our Energy Future
By Gretchen Bakke
Summary via publisher (Bloomsbury)
America’s electrical grid, an engineering triumph of the twentieth century, is turning out to be a poor fit for the present. It’s not just that the grid has grown old and is now in dire need of basic repair. Today, as we invest great hope in new energy sources–solar, wind, and other alternatives–the grid is what stands most firmly in the way of a brighter energy future. If we hope to realize this future, we need to re-imagine the grid according to twenty-first-century values. It’s a project which forces visionaries to work with bureaucrats, legislators with storm-flattened communities, moneymen with hippies, and the left with the right. And though it might not yet be obvious, this revolution is already well under way.

Paradise Destroyed: The Destruction of Rural Living by the Wind Energy Scam
By Gregg Hubner
Summary via
Wind energy. It’s free. It’s green. It’s healthy. It’s sustainable. And it’s lucrative for property-owners. If only this popular narrative were true. In Paradise Destroyed, Gregg Hubner fully exposes wind energy development for what it really is: a taxpayer scam. And not only is it a scam, but wind farms are a destructive force of 21st-century crony-capitalism that renders local communities divided and land permanently devalued. Hubner recounts his personal experience of wind energy colonization and shares his knowledge of just how much damage wind farms can cause property and property-owners.

The Economics of Arms
By Keith Hartley
Summary via publisher (Agenda Publishing)
It is estimated that today some 2.7% of world GDP ($1.5 trillion) is spent on arms. In 2014 Lockheed Martin, the US defense contractor, had revenues of $45 billion – the equivalent of the GDP of Tunisia. This book explores the business behind these breathtaking figures and explains how the arms industry makes its money.