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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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"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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"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 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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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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