Full Faith and Credit: The National Debt, Taxes, Spending, and the Bankrupting of America

by Alan Axelrod (Author), Michael Ramirez (Illustrator), Michael Ramirez (Illustrator), Alan Axelrod (Author)

New
Illustrated
2016
$18.37

What is the national debt? Who loses from it? Who profits from it? Why is it a greater threat to America than international terrorism? In direct, non-partisan language, this book follows the money and finds the answers. Conservative, Liberal, Republican, Democrat, Libertarian, Socialist ...Each has a laundry list for America on which the slow-motion cataclysm of unsustainable national debt is but a lonely bullet point among dozens of others. Full Faith and Credit zooms in on that point, liberates it from partisan programs and political orientations, expands it, explores it, and explains it. The book examines key dimensions of our national life--from a military-industrial complex more menacing than even Eisenhower could have imagined to a Tower of Babel tax code that covertly translates taxes into secret subsidies. With the aim of converting bystanders into informed advocates of change, Full Faith and Credit is rich with eye-opening data, surprising case studies, and you-can't-make-this-stuff-up examples: * For every official the United States public has elected, its government supports 5000 unelected employees. * $1 billion is the cost to destroy $16 billion in ammunition unneeded by the U.S. military. * $20,973,890,000 is the total taxpayer cost to the Treasury of gambling losses deducted by millionaires. With easy-to-follow graphs and charts, as well as 20 uproarious full-color editorial cartoons drawn from the prior work of Pulitzer Prize--winning artist Michael Ramirez, Full Faith and Credit locates the tipping point of the $19.4 trillion (and counting) national debt crisis and offers ideas on how to fix it.

Synopsis

What is the national debt? Who loses from it? Who profits from it? Why is it a greater threat to America than international terrorism? In direct, non-partisan language, this book follows the money and finds the answers. Conservative, Liberal, Republican, Democrat, Libertarian, Socialist ...Each has a laundry list for America on which the slow-motion cataclysm of unsustainable national debt is but a lonely bullet point among dozens of others. Full Faith and Credit zooms in on that point, liberates it from partisan programs and political orientations, expands it, explores it, and explains it. The book examines key dimensions of our national life--from a military-industrial complex more menacing than even Eisenhower could have imagined to a Tower of Babel tax code that covertly translates taxes into secret subsidies. With the aim of converting bystanders into informed advocates of change, Full Faith and Credit is rich with eye-opening data, surprising case studies, and you-can't-make-this-stuff-up examples: * For every official the United States public has elected, its government supports 5000 unelected employees. * $1 billion is the cost to destroy $16 billion in ammunition unneeded by the U.S. military. * $20,973,890,000 is the total taxpayer cost to the Treasury of gambling losses deducted by millionaires. With easy-to-follow graphs and charts, as well as 20 uproarious full-color editorial cartoons drawn from the prior work of Pulitzer Prize--winning artist Michael Ramirez, Full Faith and Credit locates the tipping point of the $19.4 trillion (and counting) national debt crisis and offers ideas on how to fix it.

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More Information

Format: Illustrated
Pages: 496
Edition: Illustrated
Publisher: Abbeville Press
Published: 27 Sep 2016
ISBN 10: 0789212838
ISBN 13: 9780789212832

Media Reviews

Congress should require everyone -- especially all in government - to read this book. History teaches that every country that gets into our situation ends with crises and semi-crises, but perhaps we could head it off if we all listen. I doubt it, but at least you would all know what is coming and could perhaps prepare yourselves so you could survive. --Jim Rogers, author of Street Smarts: Adventures on the Road and in the Markets In plain English and with colorful anecdotes and aphorisms aplenty, Axelrod leaves no one but George Washington unscathed. Pulitzer-winner Michael Ramirez's conservative cartoons adorn each chapter, but Axelrod is bipartisan in his criticism, applying scorn to both Theodore and Franklin Roosevelt, and to what he sees as the excesses of all the presidents since Kennedy. --Publishers Weekly In Full Faith and Credit: The National Debt, Spending, and Bankrupting of America by Abbeville Press, the forthcoming book from historian Alan Axelrod, the focus is turned to America's impending debt crisis. Axelrod first takes the reader through the history of the American presidency from the Washington to Obama administrations, all through the lens of government spending, tax policies, and how the office of the president and the administrative state have evolved to give us the near-$20 trillion debt that Americans must address at some point. As an added bonus, the book even comes complete with color illustrations by cartoonist Michael Ramirez, making it much easier to read for those of us who don't spend most of our free time reading about United States fiscal policy. --Consevative Review Full Faith and Credit: The National Debt, Spending, and Bankrupting of America has been featured on: The Washington Times * Fox News * Fox Business * Townhall * The Morning Wake-Up with Chris Keach * The Jon Sanchez Show * RealClear Radio Hour with Bill Frezza * AM Edition with Darryl Berger & Joe Le Capote * NightSide with Dan Rea * Coastal Daybreak with Ben Ball * Kevin Miller in the Morning * KRDO's Morning News Extra * The Talk of the Town with Nelle Reagan * The Bob Zadek Show * Liberty Watch Radio with Charles Heller * Inside Track with Emil Franzi * The Jimmy Barrett Show * KSVC Morning Show with Robert & Kaden McBride * American Adversaries with Chris Hart * The Sam Malone Show * All About Mitch with Mitch Henck * The Mike Schikman Show * The Dan Rivers Show * The Keith Singer Radio Show * KTHR Drive Time with Nikki Courtney * Ringside Politics with Jeff Crouere * The Nick Taliaferro Show * Morning Meeting with Sean Secrease & Quaid * American Radio Journal with Lowman Henry * The Scott Voorhees Show * Jordana Green * Western Michigan LIVE * The Jim Bohannon Show * The Talk of the Town with Larry Rifkin * The Riley O'Neil Show * The Morning Show with Frank Holland * MidDay News with Jim Lee and Tyler Bachman * Capital City Recap with Michael Cohen* The Captain's America with Captain Matt Bruce * The Bill LuMaye Show * The Michael Dukes Show * The Andy Caldwell Show * The Brian Thomas Morning Show * The Tom Roten Morning Show * The Carrie Davis Show * Tim Constantine's Capitol Hill Show * The Steve Cochran Show * Bill Martinez Live * The Bryan Crabtree Show * The Charlie Sykes Show * The Schilling Show with Rob Schilling * Trending Today USA with Rusty Humphries * The Steve Gruber Show * The Tron Simpson Show * The Jon Sanchez Show * Morning Wake-Up with Chris Keach * The Louie B. Free Show * The Kuhner Report with Mike Siegel * Morning Meeting * Wilkow Majority * Public Affairs on Peach * The Kris Cruz Program * Closer Look * The Bob Zadek Show * The Ralph Bailey Show * Janet Mefferd Today * The Morning Wake-Up * Brett Winterble Show * Ringside Politics with Jeff Crouere * Mike Schikman Show * Frank Beckmann Show

Author Bio

Alan Axelrod, Ph.D., is the author of more than 140 nonfiction books, including Patton on Leadership, Elizabeth I CEO and all five editions of The Complete Idiot's Guide to American History. He has been a creative consultant for the CW, A&E Network, Discovery Channel, Military Channel, American Heroes Channel, and the PBS series American Experience, and a keynote speaker at good-government and business conferences around the world. The editorial cartoons are drawn from the work of Michael Ramirez. Ramirez is a senior editor and the editorial cartoonist for Investor's Business Daily, a Lincoln Fellow, and an honorary member of Pi Sigma Alpha National Political Science Honor Society. He has won almost every journalism award, including two Pulitzer Prizes, the prestigious UCI Medal from the University of California at Irvine, the 2005 National Journalism Award, the 2008 Fischetti Award and the H.L. Mencken Award. He is also the author of the new book Give Me Liberty or Give Me Obamacare.