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Rhode Island is in Crisis!!You knew that already, didn't you? You've been hearing it for years.But haven't you wondered, since everyone knows there's a crisis, whycan't we just deal with it? Is it the powerful unions? Could it be ourliberal spending? Or might it be that the conventional story about whatails Rhode Island is just plain wrong?Join Tom Sgouros, independent journalist and editor of the Rhode IslandPolicy Reporter, in an examination of what's really going on in ourstate. Admire the bad statistics, willful ignorance, and astonishingblind spots behind the crazy policy choices our governments (andcitizens) make.Featuring:Budget demystification!State finance derring-do!Economic jiggery-pokery!Amaze your friends! Irritate your adversaries!Become a better advocate! Read this book!
"This is a marvelous book! Well-written-even enjoyable to read-about local banking! Packed with important information, not only for the expert, but for anyone, activist or public official, Put it on top of your reading pile!" - Gar Alperovitz, author of What Then Must We Do? "A clear, accessible, practical, grounded, and authoritative intro- duction to how banks account for their use of your money." - David Korten, author of Agenda for a New Economy: From Phantom Wealth to Real Wealth What do they think they're doing? The global network of banks, brokers, funds, dealers, servicers, and all the rest is a marvel of the 21st century-for better and frequently worse. In the aftermath of the worst financial crisis in a generation, there has never been a more important time to understand how the system works... and why it doesn't. Checking the Banks is an easy-to-read primer on how a bank-and the banking system-works. Complex ideas, like bank capital, leverage, risk-weighting, and repo transactions are explained in clear, understandable language. This is a book for People who want to understand banks, Activists determined to change them, Reformers seeking to build alternatives.
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