| Descript |
544 s. 4.8 cm |
| Note |
Includes bibliographical references (pages 433-502) and index |
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The early 1910s: postpanic creature and party posturing -- The mid-1910s: bankers go to war -- The late 1910s: peace treaties and domestic policies -- The 1920s: political isolationism, financial internationalism -- 1929: the room at 23 Wall, crash, and big-six take -- The early 1930s: tenuous times, tax-evading titans -- The mid-to late 1930s: policing, Wall Street, World War II -- The early to mid-1940s: World War II, bankers, and war bucks -- The late 1940s: world reconstruction and private bankers -- The 1950s: Eisenhower's buds, Cold War, hot money -- The early 1960s: "go-go" youth, murders, and global finance -- The mid-to late 1960s: progressive policies and bankers' economy -- The early to mid-1970s: corruption, gold, oil, and bankruptcies -- The late 1970s: inflation, hostages, and bankers -- The early to mid-1980s: free-market rules, bankers compete -- The late 1980s: Third World staggers, S&Ls implode -- The early to mid-1990s: killer instinct, bank wars, and the rise of Goldman Sachs -- The late 1990s: currency crises and Glass-Steagall demise -- The 2000s: multiple crises, the new Big Six, and global catastrophe |
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Who rules America? This is the narrative of how an elite group of men transformed the American economy and government, dictated foreign and domestic policy, and shaped world history. Culled from original presidential archival documents, it delivers an account of the hundred-year interdependence between the White House and Wall Street that transcends a simple analysis of money driving politics -- or greed driving bankers. Prins ushers us into the world of exclusive clubs, vacation spots, and Ivy League universities that binds presidents and financiers and unravels the multi-generational blood, intermarriage, and protégé relationships that have confined national influence to a privileged cluster of people: these families and individuals recycle their power through elected office and private channels in Washington, DC. It sheds new light on pivotal historic events -- such as why, after the Panic of 1907, America's dominant bankers convened to fashion the Federal Reserve System; how J. P. Morgan's ambitions motivated President Wilson during World War I; how Chase and National City Bank chairmen worked secretly with President Roosevelt to rescue capitalism during the Great Depression while J.P. Morgan Jr. invited Roosevelt's son yachting; and how American financiers collaborated with President Truman to construct the World Bank and IMF after World War II. The book divulges how, through the Cold War and Vietnam era, presidents and bankers pushed America's superpower status and expansion abroad, while promoting broadly democratic values and social welfare at home. But from the 1970s, Wall Street's rush to secure Middle East oil profits altered the nature of political-financial alliances. Bankers' profit motive trumped heritage and allegiance to public service, while presidents lost control over the economy -- as was evident in the financial crisis of 2008 |
| Subject |
1900-2099
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Bankers -- Political activity -- United States -- History -- 20th century
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Bankers -- Political activity -- United States -- History -- 21st century
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Big business -- Political activity -- United States -- History
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Presidents -- United States -- History -- 20th century
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Presidents -- United States -- History -- 21st century
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Power (Social sciences) -- United States -- History
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Alliances -- Political aspects -- United States -- History
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Bankers -- Political activity.
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Economic policy.
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Politics and government.
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Power (Social sciences)
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Presidents.
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United States -- Economic policy
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United States -- Politics and government -- 20th century
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United States -- Politics and government -- 2001-2009
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United States -- Politics and government -- 2009-2017
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United States
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History.
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Presidenter
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Ekonomisk politik
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Politik
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Förenta staterna
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USA
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Historia
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| Classmark |
332.10973/0904
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| Cover title |
All the presidents' : The hidden alliances that drive american power |
| ISBN/ISSN |
9781568584799 |
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