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Pants on Fire explores the lies that govern Americäwhy people go along with them and what it costs to do so. It reveals the plutocracy that benefits and examines what needs to be done to bring back a true democracy. It¿s no secret: The wealthy demand¿and get¿what they want from the system at the expense of everyone else. Seven key lies advance their agenda: ¿ The way to grow the economy is to stimulate the people at the top. ¿ Loose money is another way to grow the economy. ¿ The stock market is the best investment and the best economic indicator. ¿ Executive compensation is tied to…mehr

Produktbeschreibung
Pants on Fire explores the lies that govern Americäwhy people go along with them and what it costs to do so. It reveals the plutocracy that benefits and examines what needs to be done to bring back a true democracy. It¿s no secret: The wealthy demand¿and get¿what they want from the system at the expense of everyone else. Seven key lies advance their agenda: ¿ The way to grow the economy is to stimulate the people at the top. ¿ Loose money is another way to grow the economy. ¿ The stock market is the best investment and the best economic indicator. ¿ Executive compensation is tied to performance. ¿ Regulation is bad; deregulation is good. ¿ Bailing out Wall Street was necessary to preserve the system. ¿ The health care question is about who pays. These beliefs are driving the biggest financial crisis in modern history, fueling unjust wars and contributing to a society ready to explode with anger. Provocative and funny, Pants on Fire goes beyond the lies to provide solutions so that everyone can share the wealth.
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Autorenporträt
Paul Christopherson, a native of Minneapolis, was formerly a Wall Street analyst at Kidder, Peabody & Co., and Bear Stearns. In 1992, he co-founded New Vernon Associates, an institutional equity research firm, leaving as chairman in 2008. He is also an ordained Episcopal priest.