Ebook Rollback: Repealing Big Government Before the Coming Fiscal Collapse, by Thomas E. Woods
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Rollback: Repealing Big Government Before the Coming Fiscal Collapse, by Thomas E. Woods
Ebook Rollback: Repealing Big Government Before the Coming Fiscal Collapse, by Thomas E. Woods
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From the Inside Flap
“If Congress and the Administration really wanted to learn how to eliminate the deficit, limit government, and protect liberty they would stop wasting taxpayers’ money on ‘debt commissions’ and instead read Rollback.”—The Honorable Ron Paul, Member of Congress“In Rollback,, Tom Woods provides a provocative assessment of President Obama’s first two years of economic policy–making, challenging virtually every aspect of the administration’s narrative. While some readers may not be persuaded, all will find Woods’ analysis both interesting and worthy of serious debate.”—Dr. Jeffrey Miron, Economist, Harvard University, and Senior Fellow at the Cato Institute“Tom Woods takes an honest (and methodically cited) look at the record of big government: skyrocketing health–care costs, an out-of-control military, moral hazard in the markets, and a collapsing dollar. Even better, he offers clever, turn–key solutions that could restore the United States to being the breeding ground of wealth and ingenuity that our immigrant ancestors sought and cherished. Rollback debunks the popular rhetoric of politicians, the media, and academia. Without a hint of partisanship—taking on Republicans and Democrats alike—Woods has shown how misguided policies have set us up to be the first generation in memory to pass along lower standards of health, wealth, and opportunity to our children. If you are confused about how our once-mighty country has fallen so far, so fast, then Rollback is a good place to find your answer.”—Peter Schiff, president of Euro Pacific Capital and host of The Peter Schiff Show“In Rollback, economic historian Tom Woods proves that the true culprit for our financial woes is a government that thinks it can right any wrong, regulate any activity, and tax any event; and a public that continues to accept the assault on its natural liberties in the name of safety. Woods demonstrates with brutal clarity the critical and immediate need to reject the myth that the government can protect us and to repeal the institutions it has created to do so.”—Judge Andrew P. Napolitano, Senior Judicial Analyst, FOX News
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From the Back Cover
?If Congress and the Administration really wanted to learn how to eliminate the deficit, limit government, and protect liberty they would stop wasting taxpayers’ money on ?debt commissions’ and instead read Rollback.”?The Honorable Ron Paul, Member of Congress?In Rollback,, Tom Woods provides a provocative assessment of President Obama’s first two years of economic policy?making, challenging virtually every aspect of the administration’s narrative. While some readers may not be persuaded, all will find Woods’ analysis both interesting and worthy of serious debate.”?Dr. Jeffrey Miron, Economist, Harvard University, and Senior Fellow at the Cato Institute?Tom Woods takes an honest (and methodically cited) look at the record of big government: skyrocketing health?care costs, an out-of-control military, moral hazard in the markets, and a collapsing dollar. Even better, he offers clever, turn?key solutions that could restore the United States to being the breeding ground of wealth and ingenuity that our immigrant ancestors sought and cherished. Rollback debunks the popular rhetoric of politicians, the media, and academia. Without a hint of partisanship?taking on Republicans and Democrats alike?Woods has shown how misguided policies have set us up to be the first generation in memory to pass along lower standards of health, wealth, and opportunity to our children. If you are confused about how our once-mighty country has fallen so far, so fast, then Rollback is a good place to find your answer.”?Peter Schiff, president of Euro Pacific Capital and host of The Peter Schiff Show?In Rollback, economic historian Tom Woods proves that the true culprit for our financial woes is a government that thinks it can right any wrong, regulate any activity, and tax any event; and a public that continues to accept the assault on its natural liberties in the name of safety. Woods demonstrates with brutal clarity the critical and immediate need to reject the myth that the government can protect us and to repeal the institutions it has created to do so.”?Judge Andrew P. Napolitano, Senior Judicial Analyst, FOX News
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Product details
Hardcover: 240 pages
Publisher: Regnery Publishing; First Edition edition (February 7, 2011)
Language: English
ISBN-10: 1596981415
ISBN-13: 978-1596981416
Product Dimensions:
6.5 x 1 x 9.2 inches
Shipping Weight: 12.6 ounces (View shipping rates and policies)
Average Customer Review:
4.5 out of 5 stars
59 customer reviews
Amazon Best Sellers Rank:
#646,816 in Books (See Top 100 in Books)
Anyone leaning toward a libertarian point of view should enjoy this book. If, however, you prefer that we continue down the path of socialism that Obama seems to be taking us, you probably won't like what this book offers. After reading this book one has to ask the important question "Is it too late to roll back the size of government?" The book clearly points out the dangers of an ever-expanding federal government. I'll quote for you one passage from the book (page 128) which I believe reveals the author's point of view:"...it is difficult to devise a welfare program that does not produce net harm. Given Man's inclination to acquire wealth with the least possible exertion, programs like these threaten to drag additional people into a cycle of dependency that mankind's inclination to sloth will only reinforce over time. ... Once people realize the government is giving out a benefit for free, more and more people will place themselves in the condition that entitles them to the benefit, thereby making the program ever more expensive, society poorer, and the system more fragile, as a narrower and narrower base of productive individuals is forced to support an ever-growing population demanding benefits."
Thomas E. Woods, Jr., author of The Politically Incorrect Guide to American History,Nullification: How to Resist Federal Tyranny in the 21st Century, and other historical/political books gives us an up-to-date review of current ecnonomic conditions, what got us here, and a very, very short chapter on solutions.Woods writes from the background of an historian who works for the Ludwig Von Mises Institute, a free market think-tank. I found his book on nullification, the idea that states can nullify unconstitutional laws since they are the 4th branch of government, to be his best work to this point. Woods takes the libertarian ideal as his standard. He shows equal disdain for Republican and Democrat administrations since they all have done basically the same thing: wage unwinnable wars, spend money, and decrease the freedom of the average US citizen. Unfortunately, I can find no error in this assessment.Chapter 1 is 16 pages discussing "Is it already too late?" This chapter is succinct and full of facts and figures that show the magnitude of our problems. This last week, Standard and Poor's dropped the rating of the US debt, showing that Woods is right on target. We all know that we are out of money and running up huge deficits. The question is, can we stop it? Woods suggests that we can't. Given that the last few months have seen partisan political battles over cutting a paltry few billion when our debt increases 100 billion every month, I don't see how anyone can argue that we really have a chance. The massive tea party effort that actually gave control to the Republicans of the House of Representatives has resulted in absolutely nothing of note. Even though the House controls completely the purse-strings, no one will actually draw them tight. Even the Ryan plan, to "cut" a trillion dollars is a gigantic lie. What they mean by "cut" is actually not a cut at all, but means that the government will grow a trillion dollars slower over the next ten years, though the deficit will continue to grow. What kind of a cut is that? The Ryan plan predicts a balanced budget by 2030 - 20 years from now. Anyway, read chapter one for more facts and figures if you have any doubts.Chapter 2 is also short and covers some disastrous policies of the Obama administration starting with Obama-care, the takeover of 1/6 of the US economy. Obama is just the name that fills in the blank in the statement, "__________ was the leader of the US during the most recent disastrous economic policies." The first sentence of the chapter reads, "The looming fiscal crisis didn't originate with Barack Obama, but he sure hasn't helped." The rest of the chapter goes over bail-outs, housing policy, and how Obama has destroyed the rule of law doing things like favoring unions over other creditors. Chapter 3 shows how the government intervention in the economy both caused the current problems and is just making them worse.Chapter 4 is a short polemic on the private bank that oversees our economy for some reason - the Federal Reserve. Chapter 5 takes on the military-industrial complex and quotes the deceased Osama Bin Laden who notes that with our unguarded borders he could send in terrorist attacks at any time but why should he when "We are continuing in the same policy to make America bleed profusely to the point of bankruptcy"? How much have we spent on the war with terrorism in the last decade?Chapter 6 is a long chapter that is clearly the author's favorite subject: "The Myth of "Good Government"". Woods cites failure after failure in some detail. I actually found that a few of these examples were overdrawn. This weakness is why I gave the book 4 stars - along with the rather plain prose during several of the sections.Chapter 7, the last, is a short note of some efforts to fix the economic crisis, while noting that nothing will really be done that works anyway. Definitely a downer to read.Overall a decent collection of data and opinions that comes to the conclusion that we all know the problem but nothing will be fixed until a crisis of unimaginable proportions forces a massive re-structuring. This book is the economic equivalent of Patrick Buchan's demographic doomsday book The Death of the West: How Dying Populations and Immigrant Invasions Imperil Our Country and Civilization about how the current trends mean that there isn't a prayer that America will continue to exist as it is since the groups that are growing (Muslim, Hispanic, etc.) simply do not believe in the American concepts of freedom, limited government, and self-reliance. Like that book, this is grim reading.It is customary at this point of a review of a book like this to say something rousing and hopeful. Sorry. 4 stars.
This book is exceptionally well written. It makes sense of the chaos we now see in or government. It gives the reader some proactive steps he or she may take now to prepare for the inevitable coming of financial collapse in America. The insight I got from reading this book is priceless.
This is a must read for anyone concerned about the current political and economic climate. It provides great insight into how the government operates and how the people and the states should react to the central government over reaching its authority.Tom Woods is an inspiration to anyone who believes in freedom, individual liberty and the factual original intent of the United States Constitution. He makes you aware of how the people have been misled by politicians and their mainstream economics partners and the corruption of corporate America through massive government intervention.
The Eighth StepCenturies from now, you and I may be fortunate enough to be remembered by our direct descendants.But if any freedom of thought still exists, Thomas E. Woods, Jr. will be cited wistfully by historians as one who tried to jar us from our fatal complacency and apathy, by showing that every government "benefit" (beyond the enumerated powers) is a cumulative stride down the final corridor of Alexander Tyler's famous eight-step progression-- a deluded rush into the bondage of constantly-increasing government control of exponentially-expanding spheres of daily life.--Dr. S.L. Sanders 2012may08(13:44)-sls
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