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Pants on Fire explores the lies that govern America-why 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 America-why 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.