Book stirs righteous anger
Issue date: 4/28/09 Section: Variety
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In his new book, "Liberty and Tyranny," Levin shines light on some of the most infuriating practices of the federal government and advocates a systematic downsizing to solve the problems he outlines.
If you think you're apathetic to government policy, this book will change your opinion one way or another.
"Liberty and Tyranny," which came out in March, discusses the financial crisis and the opening weeks of Obama's presidency as well as problems that have existed since FDR was in office.
Levin tackles assaults on the free market, immigration, national self-preservation and misinterpretations of the Constitution and other issues in 10 chapters of hair-pulling, quotable outrages.
"Liberty and Tyranny" is almost impossible to put down, but almost impossible to keep reading at the same time.
Every paragraph eloquently identifies a problem with the government, explains how it works and how it affects every American citizen.
LIBERTY AND TYRANNY
Verdict: A provocative read, but expect to come away with a chip on your shoulderIt begins to make you feel you're being robbed. I've never felt so righteously angry while reading a book in my life.
For example, at one point Levin quotes the president of a research company who has tallied up the cost of TARP, or the Troubled Asset Relief Program, that the government has initiated in order to keep financial institutions such as Fannie Mae and Freddie Mac from going bankrupt.
The government, he says, "is poised to lend over $7 trillion to financial institutions."
Most people in the United States don't have a clue how much money that is, even relatively. They hear that number, and it just falls into the ambiguous "a lot" category, without much impact. Levin provides some context.
According to Levin, $7 trillion is a little less than double the cost of World War II. It's more than the cost of World War II, the Korean War, The New Deal, the invasion of Iraq, the Vietnam War and NASA, all put together and adjusted for inflation.
And it's all our money they're spending.
I acknowledge that I don't identify with either political party; I'm more of a libertarian than anything else. For me that means I hate the idea of the government taking my money because it thinks it can do a better job with it than I can.
Although the back of the book pins Levin as going to war with the Democratic Party in blustering Hannity-speak, the author manages to avoid such open partisan attacks.
Levin comes across as a wise man who has done a lot of research and is appealing to the reader's righteous indignation. It sounds like good sense.
Of course, I don't see how the government can take my money and give it to GM, a company that I wouldn't support, but that's my bias talking.
- Nathan Powell is a senior from Lawrenceville majoring in English and publication management
Spring Break
Viewing Comments 1 - 6 of 15
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posted 4/28/09 @ 7:09 AM EST
Does Levin touch upon the fact that if deregulation-happy Randbot-Paultard free-market sword swallowers such as yourself had been ignored by reasonable people, we wouldn't be in this fucking mess in the first place?
Do us all a favor and go Galt yourself at maximum velocity. (Continued…)
Nick
posted 4/28/09 @ 7:52 AM EST
I am a socialist, opposed to capitalism and the authoritarian institutions that maintain it (including Obama). So I find it interesting that all of a sudden I have this common ground with "conservatives" where we both share a loathing of corporate bailouts. (Continued…)
Jenny F.
posted 4/28/09 @ 2:11 PM EST
Nick,
I definitely wouldn't say that conservatives have aligned themselves with socialists, but conservatives do support small government, which is in direct opposition to the government having more control over private corporations ie. (Continued…)
Comment threads make me lose faith in humanity II
posted 4/29/09 @ 4:53 PM EST
Its not "your" money. It's China's money. And based on reading these comments, its clear that none of you have a grasp of economics, or a clear grasp on the housing market problems. (Continued…)
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posted 4/30/09 @ 12:42 PM EST
Ah, the ACORN bullshit is the true mark of the rabid teabagging asshole wingnut. Frannie and Freddie held about 20% of these questionable mortgages, max. (Continued…)
Comment threads make me lose faith in humanity
posted 4/30/09 @ 1:30 PM EST
Yes, you are correct that deficits are not financed "solely" through the sale of T bills, sorry for generalizing.
I didn't mean to imply that only Bush ran deficits. (Continued…)
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