I didn’t think it would be possible to write a book that would make me feel sympathetic to central bankers around the world, but by the end of Nomi Prin’s “Collusion”—stylized, naturally, “COLLU$ION“—I admit, she’d done it.
This was not her intention. Prin’s main charge is an attractive one: that central bankers around the world, led by the United States Federal Reserve, colluded with one another in order to enrich those who were already the very wealthiest in society. To do this, they fabricated money to be pumped into the global economy through zero or near-zero interest rates, never bothering to address the fundamental, underlying problems. Because banks have been using all of their temporary, emergency measures consistently throughout the past decade, Prin says, they’ll have no other tools available when the next crisis hits, so it will be an even larger calamity.
Continue reading “BOOK REVIEW: This is your brain on ‘Collusion’”
Given her media blitz leading up to the release of her 2016 campaign memoir Hacks, Donna Brazile’s recollection of what it was like to be on the receiving end of the Russian cyberattack against the Democratic National Committee was far more enlightening than I’d had any expectation.
That’s because, ahead of the Virginia state elections in November 2017, Brazile’s press interviews and excerpts tended to be internecine and conspiratorial, focusing on how the Hillary Clinton campaign had unethically bought the DNC at “Bernie’s” expense, or how Hillary didn’t call Brazile for a while after she lost the Electoral College, or how staffer Seth Rich’s murderer still needed to be found.
Now, this is not what most of the book, subtitled The Inside Story of the Break-ins and Breakdowns That Put Donald Trump in the White House, turns out to be about, but the strategy was successful. It reached No. 5 on the New York Times bestseller list, sold out on Amazon, then was subsequently completely forgotten.
The modern political memoir and tell-all has become the publishing equivalent of Hollywood’s superhero and sci-fi franchise films.
Continue reading “BOOK REVIEW: The airing of grievances in Donna Brazile’s “Hacks” comes at her true crime memoir’s expense”
Someone—I don’t remember now who—described the major difference in American politics to be that the Left fetishizes being correct where the Right reserves that obsession for power.
For that reason, Republicans have been willing to abandon all previously stated principles so long as they can expect to have a warm body capable of signing regressive tax bills into law and who will nominate judges to protect conservative orthodoxies.
And it’s why a year and a half later, Democrats still get into fights about whether they supported Hillary Clinton or Bernie Sanders in the 2015-16 primary. It’s why many of us on the Left continue, inexorably, viewing contemporary events as a chance to re-litigate that contest and who was right.
So just to say, “Bernie Sanders: Guide to Political Revolution is for teenagers,” will invite cheap jokes along those lines, and merely by existing, it reinvigorates the conversation about who actually had the better fire extinguisher a year and a half ago, even as the grease fire continues to spread.
Continue reading “BOOK REVIEW: Bernie Sanders’ “Guide to Political Revolution” is more textbook than revolutionary”