THE CONSERVATIVE NANNY STATE

How the Wealthy Use the Governmentto Stay Rich and Get Richer

By Dean Baker

Published by the Center for Economic and Policy ResearchWashington, DC

Published by the Center for Economic and Policy Research1611 Connecticut Ave., NW, Suite 400 Washington, DC 20009202.293.5380 www.cepr.netCover design by Paper Cut DesignCreative Commons (cc) 2006 by Dean BakerNotice of rights: This book has been published under a Creative Commonslicense. This work may be copied, redistributed, or displayed by anyone,provided that proper attribution is given.ISBN: 978-1-4116-9395-1

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CONTENTS

P

__________________________________________v

I

_____________________________________1

D

: How the Nanny StateCreates Good Jobs for Those at the Top_____________17

G

U

: Call In the Fed!_29

S

H

O

M

YSTERIES OF THE

C

_________________39

G

M

: How GovernmentPatent and Copyright Monopolies Enrich the Rich andDistort the Economy____________________________47

O

M

E

M

: How Bankruptcy Laws Are Bailing Out the Rich_____________________59

L

D

: Torts and Takings (TheNanny State Only Gives)_________________________67

B

B

_________________________77

: It’s Not Your Money______________________83

M

B

B

C

G

B

_____________________92

C

_____________________________________104

_____________________________________110

_______________________________113

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The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer

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Lofty Whitakerleft a comment

Being as he is one of the 12 economists around the world that saw the coming recession, I would say that perspicacity was his strong suit

01 / 31 / 2011

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51JDeereleft a comment

All these "rich" folk you're prattling on about, Mr. Baker, I wonder, do they include the Kennedy clan? The Kerrys? Gates and his wife or the other billionaires at Microsoft or in the dot.com crowd? George Soros? Edwards, Pelosi, Feinstien, Oblahma? Yeah, he's rich, too, along with the hundreds of overpaid and under-talented actors, directors, and writers in Follywood? Are you including Brokaw, Rather, Williams, and the rest of the rats in the journalistic sewer? How about the union bosses? How about any rich, hypocritical liberal? The rich get richer. Yeah, the ones I just mentioned do, but how is that helping poor folk like me? Yeah, I'm poor, but I'm a Conservative, because folks like you only harm poor folk like me, while at least Conservatives are more than willing to give me a chance. You're social programs create dependency. Maybe that's good enough for your family, but it sure isn't for mine. Why don't you find out who most Conservative are? Not bloody likely, I think. That would require a perspicacity that your hubris and inert bent of mind could never allow, Mr. Baker.

01 / 26 / 2009

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James M. Jensen II replied:

I urge you to actually read the book before you hurl accusations against it and its author, especially considering it's free. This book was influential in my renouncing conservatism.

07 / 01 / 2010