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December 16, 2009 Reading Time: < 1 minute

“President Obama rammed through his new stimulus bill, warning of an irreversible recession if Congress failed to act.

But bestselling author Thomas E. Woods Jr. warns that Obama’s “stimulus package” will do far more damage to our economy than even the Republicans in Congress realize.

In his New York Times bestseller, Meltdown, Woods shows how this new bailout (just like last year’s bailout) will quickly drive our nation deeper into recession.

Woods lays the blame for our economic woes squarely on the shoulders of the true culprits: gutless politicians, greedy lobbyists, and The Federal Reserve System. It was The Fed—not the free market—that allowed ambitious bureaucrats and politicians to pull the strings of our financial sector, manipulate the value of money, and plunge our economy into crisis.” Read more.

Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse
Thomas E. Woods, Jr.

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