Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and StickYou with the Bill)

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Manufacturer: Penguin Audio

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Binding: Audio CD Dewey Decimal Number: 338.97302 Format: Bargain Price Label: Penguin Audio Manufacturer: Penguin Audio Number Of Items: 5 Publication Date: 2007-12-27 Publisher: Penguin Audio Studio: Penguin Audio
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Editorial Reviews for Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and StickYou with the Bill)
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The bestselling author of Perfectly Legal returns with a powerful new exposé.
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Consumer reviews:
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Customer Rating:      Summary: Perfectly Legal Comment: This an excellent book. Some of the things that it brought out I suspected ,but for the most part I could not have amagined that the tax system was so badly rigged. This is a must read for anyone who want to understand why there is such a great gap in the wealth of the haves and the have nots.
Customer Rating:      Summary: Verbose, misleading, and not worth your time. Comment: When writing a book about problems in economic policy, the author of such a book should pick an objective. Some authors have an objective of educating the public by pointing out policies or unintended consequences of policies that the public might not be aware of. An educational piece should cite statutes and sources of information and statistics MUCH more thoroughly than this book. This book presented a terribly disorganized one-sided story of the facts.
Usually, the second objective of a book of this type is to propose solutions. This book contained a chapter called "What to Do?" roughly 6 pages long, 4 of those pages were just more ranting to make people upset; the last 2 pages of "solutions" were no solutions at all. I was not impressed with the book.
He had a good intent - to bring to light all the injustice involved with "welfare for billionaires." However, his message is lost with too many words, poorly cited research, and claims that are partially true, but deceiving in that they are presented out of context.
Customer Rating:      Summary: Change We Need Comment: If you want to understand what led to the financial catastrophe we are now experiencing there is no better place to start then David Cay Johnston's book, Free Lunch. Amazingly, it was written last year. A first class job of research by a former NY Times reporter who has a gift of narrative along with the facts to back it up. It is the perfect book to give to those good people we all know who doubt that the system is really corrupt.
Customer Rating:      Summary: Free Lunch Comment: Everyone should read this book.Find who is getting a free lunch and most are only getting table scraps!
Customer Rating:      Summary: Read in small doses Comment: This book is probably best read in small portions, as the average person will become incensed at the greed that takes from the less and gives to the more. Fortunately, each chapter covers a specific rip off of the taxpayer, and is not too long. It might raise the blood pressure of the average person to read too many chapters at one time.
Yes, the wealthy and connected have rigged the system to flow the riches to themselves.
If there is one theme to the book, it is the Adam Smith's advice that government should not favor one endeavor over another is deaf to the people that continually use Adam Smith as the reason for government getting out of the way. It is not free enterprise when government takes one side, which is what the wealthy and well connected have the government do.
A good companion is Hostile Takeover by David Sirota (available on Amazon Kindle).Hostile Takeover: How Big Money and Corruption Conquered Our Government--And How We Take It Back
His prior book, Perfectly Legal, is a good primer, although a bit dated as to how the wealthy avoid taxes. In Free Lunch, it is how the wealthy get subsidies. Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich--and Cheat Everybody Else
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