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Book details
  • SubGenre:Economic Conditions
  • Language:English
  • Pages:271
  • eBook ISBN:9780962200632

How We Got Swindled by Wall Street Godfathers, Greed & Financial Darwinism

~ The 30-Year War Against the American Dream

by E. Henry Schoenberger

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Swindled is a political, socio-economic, financial, and philosophical treatise on the state of our dysfunctional society. It is a brutally candid expose of political self-interest and economic self-interest. And how our democracy, founded on the primary principle "of the people, by the people and for the people" (Lincoln's Gettysburg Address) has become a political system of the lobbyists, by the ultra rich and for the ultra rich and their special interests. "With keen intellect and searing wit, Henry Schoenberger's How We Got Swindled exposes the myriad of financial hijinks and colossal leadership failures that have turned the first decade of the new century into an economic disaster. Schoenberger not only identifies the causes, rationales and human failings that led to this mess; he provides some ready answers for how we must go about fixing it. This should be must-reading for every policy maker in Washington and every student of economics and finance." - David Satterfield, former Business Editor of the Miami Herald, 2 times Pulitzer Prize Winner
How We Got Swindled accurately with objectivity exposes how sociopathic greedy narcisisstics got America to deregulate greed and devalue ethics. Each chapter is about a part of the whole in oder to understand that born again Social Darwinism morphed into Financial Darwinisn to become the root cause of how millions of Americans are now experiencing the 2nd worst economy since 1776; and how the parts combined to cause a vast chasm of financial inequality. This is the only book to expose the major culprits and controlling issues under one cover. It is brutally candid and reveals truth that cannot be understood without seeing all the parts which create the whole. As it is not logically reason from a part to the whole, it is not possible to understand the root cause of the Swindle without an insider's knowledge of all the culprits and controlling issues. When you are done reading you will know more than the media, your friends, most economists and Congress. And then be in a position to realize that Republicans in Congress, enabled by Democrats, have spent the past 4 years obstructing and subverting the public good which should be regarded as treasonous sabotage.
About the author
E. Henry Schoenberger graduated from Miami University in Oxford, Ohio with a degree in English and Economics. His newest book is not the book of a professor to impress scholarly colleagues, or the book of a businessman impressed by his own ego. But the book of a whistle-blower and thinker, with an ingrained concern for the public good; written to objectively inform the public that the root cause of the depression and vast chasm of economic inequality is the return of Social Darwinism which metastasized into Financial Darwinism. David Satterfield wrote the foreword. Who formerly was the business editor of the Miami Herald and 2 times Pulitzer winner, said: "With keen intellect and searing wit…How We Got Swindled should be must-reading for every policy maker in Washington and every student of economics and finance." Schoenberger has served in a variety of roles in the financial world. In 1968 he was among the earliest financial planners in the US. He provided testimony to Senate Finance for TRA 86, at the request of George Mitchell, Senate Majority leader. He has specialized in succession planning for individuals and closely-held companies, and investment advice for over four decades; as a general agent in the insurance and as the former owner of an NASD Member Firm broker-dealer specializing in real estate private placements. He has been a consultant to national real estate sponsors and small business owners. Concurrently he participated in investment banking – raising equity for venture capital start-ups, and stepped in as the CEO to save the investors in a Florida distillation company from the original founder and bankruptancy. In 1990, his first book - Invest for Success, How To Avoid Getting Ripped off by Real Estate Partnerships, the Stock Market and Diversification – became a national critical success because it armed readers with questions to ask to elicit answers no one volunteers and warned about the distinction between financial investment and real investment. When invited by an officer of Miami University to speak to honor finance students, the Chairman of the department said: "Invest for Success" was "the equivalent of a PhD thesis published as a trade book." Schoenberger has authored articles in professional journals and mainstream publications. From 45 years of tax related specialization; and from 25 years of teaching his CPE to CPAs, Bank Trust Officers and Attorneys – he knows what so many do not know about tax law. He understands how Congress has used our tax code to conduct Social Engineering - which too often means tax benefits for special interests. As a poet-philosopher and pragmatic objective idealist his bifurcated eclectic point of view combines human needs with economic realities. Unlike most PhDs, Schoenberger has successfully lived on the inside of what he writes about. As a life long student of economics and political junkie (dating from the day his father gave him an "I like Ike" button) he knows the fallacious supply-side trickle-down theory/ruse is a lie to promote more net worth for the ultra rich. Convinced from the end of the 80s that Financial Darwinism would lead to an economic meltdown - his warning letters to Congress and his Financial Darwinism outline from his CPA CPE courses have been included in Swindled's appendixes.
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