Loved the clear explanations which, in some cases, demystified things I'd wondered about for years. Not so thrilled about the author's narration. But that's a small price to pay for such valuable content. I definitely recommend it.
Dylan narrates his own book, and he has a fittingly jarring tone. You will chuckle more than once at his intonations and phrases. It can come across a bit "sensationalized" but I found myself grinning ear to ear while listening to him rant and rave about the biggest financial crisis our country has endured since the great depression. To me, it was like "All the devils are here" but with humor thrown in.
He backs up his thoughts with detail, personalities, and specifics. He was a financial reporter before turning on the lion he fed, so his insider perspective is both interesting and damning.
His coining of terms and pithy comments makes this book very enjoyable: Banksters, Vampire Industries, The Very Bad Deal, Greedy Bastards, Capital Extraction, Aligning of Incentives, and his funny analogies (Trade a Cup). And his focus on solutions rather than lamenting the evil of it all.
Lots of laughing.
Halfway through the book, he tackles health care costs.
His description of the high cost of the health care industry (insurance) - Mayo Clinic was particularly interesting to describe the action of aligning incentives. The interaction of the original Mayo doctors (three of them from different disciplines), they invented a new approach of sharing information across specialization disciplines. They would have one travel, gather information, then bring that back to the other Mayo doctors. Very interesting historical context.
Our health care system was not designed for the kind of patients that incur the highest costs. The billing system costs of the health care system is ridiculous. A systemic approach to health care and the costs relevant to frequent care needs.
This book underscores what I believe has gone wrong with America. While describing how we got where we are, he doesn't play the blame game (and there is plenty of blame to go around on both sides). This book gives ideas on how to fix the problems.
It is actually an uplifting view of how things can get better if we recognize the problems. However, the "looters" of the upper-upper class who provide absolutely NO value through their business transactions will be none too happy if Dylan's ideas get adopted.
No, but because Dylan reads his own material, he is able to bring emphasis and life to the words.
The recent history of the creation of "creative financial instruments". It is very instructive and underscores the point that if you intend to punish by taking a birthright away, people will find ways to get it back... and then some.
I was interested to read this when I heard Rattigan speaking at the Commonwealth Club where he sounded intelligent and hit all the right notes. Now, I feel manipulated and want my money back.
Rattigan is just another media talking head massaging the demographics right to draw a crowd and sell books, especially the young and gullible. I should know better, so I suppose I fall into the gullible side of that.
When I saw him making the talk show circuit holding up this giant idiotic looking LED lightbulb the size and shape of an alien mothership as an example of how American ingenuity was going to storm the world I knew this was another nonsensical scam.
I'll make my own prediction, and it is open ended. Until each and every one of us, Americans, stops spending on money on cheap trinkets from China and cheap ideas that our media sells to us, and all of us start to be "from Missouri", ie. PROVE IT, and stop willingly handing over our money AND VOTES, AND EARS/EYES to the greedy bastards in our country nothing is going to change.
Rattigan in some of his talks has shown that he knows how to educate. He made some very good analogies, and distributed some very good information, but it takes more than just one guy that is good at one thing to get something done in a massive way, and here is where the American people fail. We think it is just the political left that failed because we're told that to do anything as "Americans", for all of us together, is to be socialistic, but it is all of us who are paddling down the drain while singing our disparate songs as we sink lower while the 1% are socialistic for each other! Ah, the irony. Is anyone loud enough to be in Dylan Rattigans place also enough of a sore thumb to be admitted to the 1% … it's a great defense mechanism.
If Rattigan would care to write a textbook I might read it, because he has a good knack for explaining things and making them interesting, but he is nothing but a guy trying to write a book to make money so he can continue to make books, in other words that puts him in the category with all the other blabbermouth time-wasters.
Hell, maybe the country doesn't need saving. I'm not doing badly, what do I care if all the rest of Americans jump from one lame idea to the next forever, me and mine will get along. But I do look for more in life and country, but nothing is really going to come from books like these, or whatever is the next style that publishers figure out will appeal to people … maybe resignation … which we already hear in the wings with ideas like, "don't worry about your privacy, you never had any to begin with". Maybe that will be the next emotional tone the media cretins will market us with. Well, I won't be buying.
Skip this book, skip this genre, go talk to your neighbors and convince then all to unhook from their cable and start writing their own websites and wising up by teaching each other basic skills in something useful. Above all remember that all of us are human beings and all of us have a right to some fraction of the Earth's bounty, and the 1% are all of those people who have cornered resources and make everyone else work for them to get what should morally be theirs to begin with - it's just too complicated so ya cannot write it up on a speadsheet, balance it, and prove it in their courts.
Worth a quick listen, but just to see what's wrong with the Friedman, Krugman, Brill school of criticism.
Not lumped U.S. education, medical, manufacturing, technical systems in with the rest of the world. We ain't China, for God's sake.
Maybe Johnny Heller or Alan Sklar.
Yes, but barely. A re-listen only to see the way it reflects the current media preoccupation with American difficulties. On the mark about Wall Street, but little else.
After all, who is going to say that the PISA educational scores place the U.S is at worst fourth in the world if you break out White (3rd) and Black (44th) rankings and recognize Shanghai is NOT a country & Singapore & Finland are not really good comparisons. Likewise, just knowing that a lot of references rely on a convicted felon and his self-interest brother (the Milkens===yes, the junk-bond swindlers).
His conclusions (or those quoted from non peer-reviewed
Get real, Dylan. Way too lame.
My reviews are honest. No sugar coating here.
I've learned far to none from "Greedy Bastards.". It is just babble talk on personal commentary and rhetoric. Dylan Ratigan used to have his own show on a financial cable network. It's a bit ironic that he decided to write a book on greed.
Also, this is United States where greed and profitability is the sole purpose. Not all vampires are evil. Ratigan goes on and on how these companies are all greedy bastards, but he never explains what the greed are paying for, like research and development in the pharmaceutical Industry for better treatment.
We live in a capitalist society, if there was no blood sucking vampires, there would be no risk.