Culled from original presidential archival documents, All the Presidents' Bankers delivers an explosive account of the 100-year interdependence between the White House and Wall Street that transcends a simple analysis of money driving politics or greed driving bankers.
Nomi Prins ushers us into the intimate world of exclusive clubs, vacation spots, and Ivy League universities that binds presidents and financiers. She unravels the multi-generational blood, intermarriage, and protégé relationships that have confined national influence to a privileged cluster of people. This unprecedented history of American power illuminates how financiers have retained their authoritative position through history, swaying presidents regardless of party affiliation. It explores the alarming global repercussions of a system lacking barriers between public office and private power. Prins leaves us with an ominous choice: either we break the alliances of the power elite, or they will break us.
©2014 Nomi Prins (P)2014 Tantor
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"You better like history about the elite and rich"
Shew! I made it through. Good God I thought I would collapse from listening to these guys telling their own stories via the documented notes and diaries Nomi used. She does a thorough job but it took a while to make it through 100 years of obscene banksterism and collusion between the government and banks. If you don't know this stuff then you need to hear this. If you're like me and know the topic well it's a bit trying to hear but still has good parts.
In the end, prepare yourself for a major collapse of the economic system as we know it. Thank you to big to fail.
"The Most Important US History book."
If you want to truly understand US History, from foreign policy to labor laws, the first place to start is the interactions between the power elite: Wall Street and the White House.
Instead, the vast herds of sheeple rely on mainstream media and mainstream books. Corporate media and corporate publishers will only teach you the political theater, where voters are spectators swallowed up by pre-defined "choices" that have zero impact on the fundamental Economic Politics/Power Structures.
So, one has to look outside. Nomi Prins is amazing at documenting the history of Wall Street. Also recommended:
Matt Taibbi - "Griftopia", "The Divide"... these are great introductions to Wall Street scams and inequality. Very easy and fun read for those that find nonfiction challenging!
David Graeber - "The Democracy Project", "Debt: The First 1000 Years"... Graeber elegantly combines history/anthropology with Economic Politics and philosophy.
Chris Hedges - "Death of the Liberal Class"... amazing war correspondent who starts to escape the political theater and examine Economic Politics/Power Structures.
Michael Hudson - probably the best Economist research professor, wrote the classic "Super Imperialism" in 1972.
Michael Perelman - "The Invention of Capitalism"
Ferdinand Lundberg - legendary journalist who wrote "America's Sixty Families" in 1937.
George Orwell - "Homage to Catalonia"... amazing piece of history, showing how all the status quo power structures (Capitalist Allies, Soviet Communism, and Fascism) were all against the workers revolt in the Spanish Civil War. There really isn't a Left or Right fundamentally: the divide is between Vertical Power Structures (Capitalism, Soviet Communism, Fascism) and Horizontal Power Structures (Democratic Socialism, Anarcho-Syndicalism).
Charles R. Geisst - "Wall Street: A History" - comprehensive analysis on the pinnacle of Capitalism: Wall Street.
It must be a symptom of a sick society when amazing critiques like this remain unread while the working class drowns itself in vapid entertainment, unaware or uncaring of fellow working class families in other countries being oppressed, or the destruction of the planet that we all share. We are better than this!
Please keep free thinking alive.
"Good big-picture view, not spoiled by the biases"
This story, as the title suggests, plays out across a big canvas, with many participants. It does not conceal its general suspicions of the motives of big bankers, but the motives of self-interested big players in a political economy can profitably be viewed through such a prism. It is balanced enough not to cause me revulsion, which I feel at any crazily filered and tilted story in either direction politically. As an avid reader in this area, plenty of useful detail is to be had here. I would combine this listening with the excellent (more conservative) audiobook 'Fragile By Design,' to get a more overall balanced view. The narration is listenable if not great.
I appreciate a good plain overview of such areas as design of the the postwar (WW2) global financial world order, the role of private bankers (whose mixing into the New Deal and WW2 US financial structure is well described) and how it fit with the emerging Cold War. This book is very good at sketching the overall structures taking shape in different eras. And true to the title, we see how the various sales pitches made by presidential candidates became the actual arrangements during each of the presidencies. Certainly such personalities as Morgan's Thomas Lamont were huge influences in the governance of this country, though private actors.
"Bankers Control Everything"
Disturbing, frustrating and eye opening
Any other books on fiances such as Money Masters or how banks control our government
I like the beginning when the early crashes of the 20's were talked about and the 2000's when they are doing the exact same thing calling in margin loans and creating recessions and depressions
The entire book was eye opening and to see how things really get done in this country.
Great book full of great info and well researched. Enjoyed the narrator as well.
"Very Interesting BUT"
Everything she said was true and interesting but didn’t always communicate the truth.
She wasn’t crazy about Ike so the statement he made of using nuclear weapons to end the Korean War were not in context. It was said after both sides did not want peace talks. So he told China show up or I use the bomb and he told S. Korea show up or I shut off your oil.
In relation to the Suez war she said England’s economy caused her to leave but fail to mention it was after Ike said the US would not support the Pound Sterling on currency markets.
So she missed on Ike’s motivation just because he was very pro business,
Throughout the book her use of adjectives was somewhat telling. I could not figure out if she was a Libertarian or a Communist.
"A history buff's review of banking in politics "
Whether you love politics (or not) and whether you love banking (or not) don't you want to know how bankers have influenced Presidents (and history?
IThis book answers that question.
In an era when politics is broken, this gives part of the reason why.
"Great financial history book."
A book you will want to read twice. A dense book, yet a page turner. I would recommend this to anyone who wants to brush up on their history and simultaneously view it through a different lens.
"The most boring piece of important information evr"
I had listened to several author interviews before buying the book and was excited about the subject matter and could really hear the enthusiasm in the authors answers and voice. The book does not convey any enthusiasm and the reading is done with no emotion and at an unbearably slow pace. The book is also filled with a ton of information, probably too much, and was organized poorly so it's hard to understand it all without listening to a clip multiple times.
Another book about economics or politics... I'm a bit of a wonk
Slow and unenthusiastic.
a lot of information, probably too much
Just listen to a bunch of interviews of the author, you can get the same info in half the time with way more excitement.
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