Over the years, I have enjoyed reading Matt Taibbi’s current events articles in Rolling Stone, although I did feel at times that his over the top, (but funny) vitriolic name calling cut into his credibility. He is undeniably intelligent and is excellent at explaining complex issues in easy to understand and entertaining prose.
For the first time, I delved into one of his books, The Divide: American Injustice in the Age of the Wealth Gap. Here Taibbi investigates the banking/housing financial crisis of 2008, where clearly fraudulent business practices led to the loss of 40% of the world’s wealth, but almost no one went to jail, alongside the proactive policing of the poor that is filling our jails even though crime is declining.
One thing he uncovers is that government agencies are reluctant to go after wealthy corporations because it would cost so much to bring those cases to trial and would be harder to win, because of the top notch lawyers these corporations can employ. On the other hand, the poor are vulnerable and easy to convict; low hanging fruit.
I ask myself if this is anything new. Hasn’t this divide always existed? Taibbi argues that the divide is growing and threatens our country’s foundational values.
Each year the oval office releases a proposed budget for the upcoming fiscal year. The full budget will be released later this spring.
Meanwhile, America First: a Budget Blueprint to Make America Great Again gives us a preview of President Trump’s budget. The book spells out his priorities right on the first page of the document. Page 5 lists the agencies for which he recommends eliminating funding. The next several pages give details about his approach to management and regulations. The rest of the book highlights the Executive office’s proposals for several major agencies.
If you want to know how the current administration proposes to spend your federal tax dollars, but you don’t have time or energy to sort through a whole lot of information, look at this book. You can read it online right now or stop by the Central branch to read our print copy.