Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses

By: Timothy P. Carney

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Synopsis: Sweetheart deals for Wall Street, the nationalization of the automakers, global warming regulations, and Barack Obama's unprecedented spending spree-it's an all-out assault on regular Americans' pocketbooks. President Obama says it's for the good of America, but investigative reporter Timothy P. Carney digs up the dirt to prove it's only good for FOBs--Friends of Barack: the campaign donors, the lobbyists, and the well-connected. In Obamanomics, Carney shows how the economic corruption of Barack Obama's Washington goes far beyond political business as usual. From a free-spending stimulus package that was a veritable treasure trove for Obama-friendly corporate interests and lobbyists, to the revolving door between Wall Street and the Obama administration, to the Obama administration's putting the unions in the driver's seat of GM and Chrysler, Obamanomics tells it all. And the worst part is that the American taxpayers have to foot the bill-whether they like it (and voted for it) or not.