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"Fully living
up to his reputation as the News Dissector, Danny Schechter goes
right for the jugular in this rich and informative analysis of
the financial crisis and its roots.
Not errors,
accident, market uncertainty and so on, but crime: major and serious
crime. A harsh judgment, but it is not easy to dismiss the case
he constructs." - Noam Chomsky
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"Regulations
have always been the mechanism used by societies to prevent flagrant
abuses of power, the enslavement of the working class and the rise
of parasitic power elite. The erosion of regulations, as Danny Schechter
makes clear in his book, permits the powerful to legalize crime.
Theft, fraud, deceptive advertising, predatory lending, debt sold
to investors as assets become the currency of a false economy. And
when this fictitious economy crashes those who engaged in these
crimes, because they have hijacked the reigns of power, are able
to loot the U.S. Treasury in the largest transference of wealth
upwards in American history. There are many forms of terrorism.
And this economic terrorism, as Schecter writes, is perhaps even
more dangerous to the nation than the attacks of 9/11." - Chris
Hedges, author of Empire of Illusion: The End of Literacy and the
Triumph of Spectacle
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"Danny
Schechter is the people's economist. The clairvoyance of his opus
transcends mainstream statistics-gatherers because he examines the
real world, reporting the American condition as told to him by the
real people who live it everyday. The Crime of Our Time combines
Schechter's signature bold passion, keen analysis, and solid empathy
for those caught in the cross-fires of the financially powerful
and politically connected. Like Schechter's other works, 'The Crime
of Our Time,' is ahead of its time, and we could all learn from
Schechter's astute, heartfelt, and exceedingly accurate observations
and predictions." - Nomi Prins, former Managing Director at
Bear Stearns and Goldman Sachs, author, 'It Takes a Pillage'
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Danny
Schechter's in 'The Crime Of Our Time,' actually protects capitalism
against the cancer of white collar crime by educating law enforcement,
businesses, investors, anti-fraud professionals, and the public
about schemes used by criminals who victimize our economic system
for their own personal gain." - Sam Antar, Convicted White Collar
Criminal
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"Danny
Schechter brings both the needed economics expertise and the media
credentials to the important task of exposing and analyzing the
elements of crime and corruption woven deep into the fabric of
our economic system's current crisis.
Plunder and
The Crime of Our Time are important contributions toward understanding
an historic moment of change in the economy and society of the
United States." - Richard D. Wolff, Professor of Economics
Emeritus, University of Massachusetts, Amherst, Visiting Professor,
Graduate Program in International Affairs, New School University,
New York
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"Did
the current economic crisis result simply from market forces, misjudgment
and greed? Or was it a deliberate criminal manipulation of markets
to extract wealth from the masses? In The Crime of Our Time, Danny
Schechter turns his polished investigative and reporting skills
to exploring the theory that it was a crime. In veteran journalist
prose, he establishes the crime's elements, identifies the players,
and exposes the weapons that have turned free markets into vehicles
for mass manipulation and control. - Ellen Brown, a Los Angeles
area-based attorney, is the author of "Web of Debt" and
other books and articles on economic issues.
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"Danny
ranges wide over the political and cultural landscape, pointing
fingers, naming names and holding no sacred cows in his quest to
determine what went wrong with our economy and who was responsible.
His work is the antidote to to a biased, compromised and sclerotic
mainstream media." - Aaron Krowne, editor of Ml-implode and
related websites on the mortgage and banking crisis.
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"With
The Crime of Our Time, Danny Schechter has made himself the clean-up
hitter in the line-up of investigative journalists. He has continued
his pioneering work on how the actual existing real world of capitalism
works - not the fairy tale version that dominates political and
media discourse. This book is truly revelatory and must reading
for anyone trying to understand the financial currents that have
run the economy into the ditch. With "The Crime of Our Time,"
Danny Schechter has smashed the ball 500 feet over the centerfield
fence. Robert W. McChesney, co-author, 'The Death and Life of American
Journalism.'
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