Brother, Can You Spare a Billion? PDF Download

Author: Daniel McDowell
Publisher: Oxford University Press
ISBN: 0190605766
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
Brother, Can You Spare a Billion? explores how and why the U.S. has regularly acted, often alongside the IMF, as an international lender of last resort by selectively bailing out foreign economies in crisis. Daniel McDowell highlights the unique role that the U.S. has played in stabilizing the world economy from the 1960s through 2008.

Author: Steven Fenberg
Publisher: Texas A&M University Press
ISBN: 1623491576
Category : Biography & Autobiography
Languages : en
Pages : 630

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Book Description
In this poignant and timely biography, Unprecedented Power: Jesse Jones, Capitalism and the Common Good shows how the Reconstruction Finance Corporation (RFC) saved the United States economy during the Great Depression and militarized industry in time to win World War II. RFC strategies and Jesse Jones’s approaches can be adapted now to address the impacts of the new coronavirus and climate change. President Herbert Hoover had established the RFC in 1932 to make loans to banks, railroads and insurance companies and appointed Jesse Jones—Houston’s preeminent developer and a former finance chair of the Democratic National Committee—to the bi-partisan board. With clear implications today, Jones complained the RFC was slow and a year late and said if it had judiciously loaned five to seven billion dollars in 1931 and ’32, economic collapse would have been prevented. Soon after his inauguration, President Franklin Roosevelt supercharged the RFC, made Jones chair and the government agency began buying preferred stock in banks to stabilize and help them lend again. Jones knew capital rather than debt was needed to save the banks and revive the flow of credit, just as it was when the program was duplicated in 2008 as the Troubled Asset Relief Program, better known as TARP. Under Jones’s leadership, the RFC became the largest investor in the nation and rescued banks, businesses, homes and farms; saved the railroads; rebuilt communities after environmental calamities; built bridges, dams and aqueducts across the nation; and brought electricity and appliances to rural America. The RFC helped people and saved businesses during the Great Depression through judicious lending, not spending, and remarkably returned a profit to the government and its taxpayers. As war spread, Jones and FDR shifted the RFC’s focus from domestic economics to global defense. In its second cover story about Jones, TIME magazine reported, “In all the U.S. today there is only one man whose power is greater: Franklin Roosevelt … The President knows Congress will give more to Jones without debate than he can get after a fight … Emperor Jones is the greatest lender of all time.” Accordingly, after Germany’s European victories, Congress on June 25, 1940, gave Jones and the RFC the authority to build, buy and lease plants to develop and manufacture metals, ships, airplanes, tanks and guns; to train aviators; and, with FDR’s approval, to do anything required to arm the Allied Forces. Almost half of its outsized investments went to corporations to help convert their production to war-time needs. One of its largest new plants—the Dodge-Chicago plant—covered 145 acres and took in raw metal at one end and produced finished airplane engines at the other. Like all its new factories, the plant was built and owned by the federal government’s RFC, leased to corporations to operate and sold to private interests after the war. Likewise, coordinated national large-scale efforts and government investments can be made to address today’s daunting challenges. Unprecedented Power dramatically describes how Jesse Jones and the RFC used every option to save life, democracy and capitalism during two of the 20th century’s most threatening events. Unprecedented Power provides models for today by looking at successes from the past.

Author: Kevin Freeman
Publisher: Regnery Publishing
ISBN: 1596987944
Category : Political Science
Languages : en
Pages : 306

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Book Description
Explores the theory that America's enemies were responsible for the global financial crisis that began in 2008, claiming that a foreign agenda of economic terrorism successfully crippled the United States' economy.

Author: H. Kent Baker
Publisher: John Wiley & Sons
ISBN: 1118282582
Category : Business & Economics
Languages : en
Pages : 660

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Book Description
A comprehensive guide to alternative investments that reveals today's latest research and strategies Historically low interest rates and bear markets in world stock markets have generated intense interest in alternative investments. With returns in traditional investment vehicles relatively low, many professional investors view alternative investments as a means of meeting their return objectives. Alternative Investments: Instruments, Performance, Benchmarks, and Strategies, can put you in a better position to achieve this difficult goal. Part of the Robert W. Kolb Series in Finance, Alternative Investments provides an in-depth discussion of the historic performance, benchmarks, and strategies of every major alternative investment market. With contributions from professionals and academics around the world, it offers valuable insights on the latest trends, research, and thinking in each major area. Empirical evidence about each type of alternative investment is featured, with research presented in a straightforward manner. Examines a variety of major alternative asset classes, from real estate, private equity, and commodities to managed futures, hedge funds, and distressed securities Provides detailed insights on the latest research and strategies, and offers a thorough explanation of historical performance, benchmarks, and other critical information Blends knowledge from the conceptual world of scholars with the pragmatic view of practitioners in this field Alternative investments provide a means of diversification, risk control, and return enhancement and, as such, are attractive to many professional investors. If you're looking for an effective way to hone your skills in this dynamic area of finance, look no further than this book.

Author: John Ronsvalle
Publisher: Wipf and Stock Publishers
ISBN:
Category :
Languages : en
Pages : 245

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Book Description
Church people in the U.S. can make this age of affluence an age of intentional miracles. The State of Church Giving through 2021: Intentional Miracles (May 2024) is the 33rd edition in empty tomb, inc.’s The State of Church Giving series. Chapter 8 casts a vision of the potential for church members to impact, in Jesus’ name, one of the worst tragedies of our time: the number of children under the age of 5 dying from treatable causes, particularly in 40 countries. Other chapters in the new book update numbers for church member giving and membership through 2021 including: a series for 1968-2021; a larger group for 2020-2021; a group of 11 denominations for 1921-2021; projections in giving and membership based on past patterns; and the basis for the confidence that there is potential among church members in the U.S. to increase their impact on this hurting world. Another chapter looks at giving patterns among all Americans through an analysis of U.S. Bureau of Labor Statistics Consumer Expenditure Survey data for 2021. Chapter 8 focuses on key points: What is an intentional miracle? How does pursuing intentional miracles prepare for the future? What makes this present time so special regarding intentional miracles? What would an intentional miracle look like? Are intentional miracles even possible?

Author: Arianna Huffington
Publisher: Crown
ISBN: 0307590496
Category : Business & Economics
Languages : en
Pages : 306

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Book Description
“Wonderfully incendiary and right-headed . . .Huffington is mad as hell, and rightly so.” –Esquire The scathing and insightful New York Times bestseller, now updated to include the current economic crisis Pigs at the Trough is Arianna Huffington’s eerily prescient exposé of the financial meltdown–and the flagrant greed that triggered it. Once again, Huffington takes on the nexus of corporate highfliers, lobbyists, and Washington insiders who have created and zealously protected a culture of corruption in America. Hearkening back to the days of Enron and WorldCom, she draws a line connecting those accounting frauds to the much larger and more sophisticated corruption that drove the latest financial crisis. The list of new culprits is long, and in this updated version of Pigs at the Trough, Huffington calls them out–including AIG, Citigroup, and Merrill Lynch–and asks the probing questions of how things went so wrong and how we can rebuild our free market capitalist system on a sounder moral foundation. Wickedly amusing yet powerfully indicting, Pigs at the Trough will once again stir up heated discussion among Americans outraged by the bailout of corporate swine. “With a passion for the truth and an eye for detail, Arianna Huffington reports on the hijacking of democracy. Read it and weep–then head for the barricades.”–Bill Moyers “Huffington indicts with precision, verve, and sparkling wit.” –Barbara Ehrenreich “Arianna Huffington makes an appealing and compelling argument for the repeal of human nature–that part of it that indulges savage, unconscionable, and despicable greed.” –Walter Cronkite

Author: Mae Elise Cannon
Publisher: InterVarsity Press
ISBN: 0830836446
Category : Religion
Languages : en
Pages : 306

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Book Description
The world is not as God intends it to be. But complex problems warrant more attention than quick posts on social media. How can we actually make a difference? Helping us accomplish change through a range of strategic avenues, activist Mae Elise Cannon shows us how to channel our passions to care effectively for our neighbor and the world.

Author: Ronald E. Vallet
Publisher: Wm. B. Eerdmans Publishing
ISBN: 9780802847270
Category : Religion
Languages : en
Pages : 276

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Book Description
The Steward Living in Covenant discusses the theme of stewardship from a fruitful new perspective. Ronald Vallet explores Old Testament stories from creation to Isaiah, linking the life of the steward to the theme of covenant -- a first for books in this area. Written as an Old Testament parallel to Vallet's acclaimed Stepping Stones of the Steward, this book reclaims the Old Testament foundations of a fully biblical theology of stewardship. Vallet looks especially at the promise and command aspects of God's covenant with his people as a vital dimension of what it means to be a genuine steward.

Author: Laurence J. Kotlikoff
Publisher: John Wiley & Sons
ISBN: 1118011333
Category : Business & Economics
Languages : en
Pages : 278

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Book Description
Discover how the global financial plague is poised to return, and what can be done to stop it This is not your father's financial system. Jimmy Stewart, the trustworthy, honest banker in the movie, It's a Wonderful Life, is dead. And so is his small-town bank, Bailey Savings & Loan. Instead, we're watching It's a Horrible Mess with Wall Street (aka the Vegas Strip) playing ever larger craps with our economy and our tax dollars. This book, written by one of the world's most respected economist, describes in lively, humorous, simple, but also deadly serious terms the big con underlying the big game?the web of interconnected financial, political, and regulatory malfeasance that culminated in financial meltdown and brought us to our economic knees. But it also proposes an amazingly simply solution?Limited Purpose Banking to make Wall Street safe for Main Street. This book, as well as the financial fix described within it, have received rave reviews from a veritable who's who of policymakers and economics, plus five economics Nobel Laureates Written by a leading economist whose insights on this topic are unparalleled Outlines the first and only proposal to fundamentally fix our financial disaster for good Jimmy Stewart Is Dead will fundamentally change the way you think about the economy, financial markets, and the government.

Author: Richard S Collier
Publisher: Oxford University Press
ISBN: 0192603469
Category : Business & Economics
Languages : en
Pages : 391

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Book Description
Banks seem all too often involved in cases of misconduct, particularly involving the exploitation of tax systems. Banking on Failure explains why and how banks "game the system", accounting for these misconduct cases and analysing the wider implications for financial markets and tax systems. Banking on Failure: Cum-Ex and Why and How Banks Game the System explains why banks design and use structured products to exploit tax systems. It describes one of the biggest and most complex cases - the "cum-ex" scandal - in which hundreds of banks and funds from across the globe participated in the raid on the public exchequers of a number of countries, with losses in the tens of billions of euros. The book then draws on the significance of this case study, and what this tells us about modern banks and their interactions with tax systems. Banking on Failure demonstrates why the exploitation of tax systems by banks is an inevitable feature of the financial markets landscape, and suggests possible responses.