Overview

Political Socio-Economic Financial PhilosophicalSwindled is a political, socio-economic, financial, and philosophical treatise on the state of our dysfunctional society. It is a brutally candid expose of political self-interest and economic self-interest. And how our Democracy, founded on the primary principle of the people, by the people and for the people (Lincoln's Gettysburg Address) has become a political system of the lobbyists, by the ultra rich and for the ultra rich and their special interests.This is not the book of a professor to impress scholarly colleagues, or the book of a businessman impressed by his own ego. But the book of a poet-philosopher thinker, who provided testimony to Senate Finance for TRA 86, and has specialized in succession planning and investment advice for over four decades. As a general agent in the insurance business and a NASD Member Firm broker-dealer, Henry Schoenberger was among the first financial planners in the U.S. From 45 years of tax related specialization he knows what so many do not know about tax law as well as how Congress has used our tax code for generations to conduct what it terms - Social Engineering. This book is also derived from Schoenberger's experience writing his first book, Invest for Success, which the Chairman of the Finance Dept. of Miami University called a PhD dissertation published as a trade book when he spoke to the Finance Honor students in 1990 at the request of an officer of the university. Swindled, in the final analysis, stems from the eclectic renaissance perspective of a political junkie as well as a life-long student of economics and finance, and human rights activist who has lived on the inside of what he has written about in this book. With keen intellect and searing wit, Henry Schoenberger's How We Got Swindled exposes the myriad of financial hijinks and colossal leadership failures that have turned the first decade of the new century into an economic disaster. Schoenberger not only identifies the causes, rationales and human failings that led to this mess; he provides some ready answers for how we must go about fixing it. This should be must-reading for every policy maker in Washington and every student of economics and Finance. --David Satterfield, former Business Editor of the Miami Herald, 2 times Pulitzer Prize-winner Having been on the inside of one of the largest sub-prime mortgage lenders that failed, I can attest to the fact the Mr. Schoenberger has got it right. His insights and historical perspectives are on the money. We need to be focusing on how we effectively regulate the markets so that this type of crisis does not come back to bite us again. --Marc Loewenthal, Esq., Former SVP of Enterprise Risk Management, New Century Financial Corp.

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