Theft at the Public Till (Fraud and Worse in the Municipal Bond Markets) - Softcover

Inhaltsangabe

Dive deep into the subtle, insidious ways public resources are manipulated, stolen, and misallocated—not by shadowy villains, but through systemic incentives and everyday complacency. Decades before "drain the swamp" became a rallying cry, I warned of a government overwhelmed by complexity, captured by special interests, and disconnected from the public good.

What was true in 1994 unfortunately remains true today. From mismanaged subsidies and infrastructure boondoggles to institutional inertia that breeds inequality, my analysis foresaw the populist waves reshaping today's political landscape.

Reading this timely reissue helps decode the frustrations that drive modern American voters—and outlines how we might restore accountability and purpose to governance. Discover how yesterday's insights illuminate today's political upheavals.

t's not a scandal; it's systemic—and it’s costing us all.

Key Takeaways:

• The same systemic misalignments I identified in 1994 continue today, now amplified by technological and economic changes.
• Populism is not irrational rage, but a rational response to unaccountable systems and perceived abandonment.
• Without a shared goal like quality of life, governance becomes aimless, extractive, and ultimately illegitimate.

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