The Shock Doctrine
The Shock Doctrine
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Latest NewsNovember 17th, 2008
Naomi discusses the bailout profiteers and the multi-trillion dollar crime scene on Democracy Now!. Watch the program
November 13th, 2008
Read Naomi's latest article, "In Praise of a Rocky Transition," in The Nation.
And check out Naomi's feature article, "The Bailout Profiteers," in Rolling Stone magazine.
And check out Naomi's feature article, "The Bailout Profiteers," in Rolling Stone magazine.
October 30th, 2008
Naomi's article, "The Bailout: Bush's Final Pillage," is published in The Nation.
October 29th, 2008
Listen to Naomi on The Brian Lehrer Show discuss the $700 billion Wall Street bailout and hear her recommendation for the next Treasury Secretary.
October 6th, 2008
Naomi's speech at the University of Chicago is aired on Democracy Now!. Watch it here
October 2nd, 2008
Watch Naomi discuss The Shock Doctrine on The Colbert Report!
And don't miss Naomi's latest on the financial crisis, "Now is the Time to Resist Wall Street's Shock Doctrine."
And don't miss Naomi's latest on the financial crisis, "Now is the Time to Resist Wall Street's Shock Doctrine."
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Featured Review:
"There are very few books that really help us understand the present. The Shock Doctrine is one of those books."
- John Gray, The GuardianRecommended Websites
Bailout SleuthAnalysis of the conflicts of interest and transparency issues surrounding the bailout
The Corner House - Climate Change
A variety of articles about climate change and carbon trading.
See the Research
“Former Antiterror Officials Find Industry Pays Better,” June 2006
Link
New York Times journalist Eric Lipton tracks more than 90 officials who turned to work at private homeland security industry firms after leaving their federal homeland security positions between the years 2001 and 2006.
Link
New York Times journalist Eric Lipton tracks more than 90 officials who turned to work at private homeland security industry firms after leaving their federal homeland security positions between the years 2001 and 2006.
The Shock Doctrine
On this website, you can receive the latest news about Naomi Klein's latest book, The Shock Doctrine, read reviews,
and see where you can purchase a copy. ShockDoctrine.com is designed to serve as a living companion to the book for readers who want to delve deeper into the book's material and themes, and who want to see the evidence for themselves.
One Year After the Publication of The Shock Doctrine:
A Response to the Attacks
One Year After the Publication of The Shock Doctrine:
A Response to the Attacks
Disaster Capitalism in Action
Bailout Lacks Oversight Despite Billions Pledged
Amit R. Paley, Washington Post, November 13, 2008
"The Bush administration has committed $290 billion of the $700 billion rescue package. Yet for all this activity, no formal action has been taken to fill the independent oversight posts established by Congress when it approved the bailout to prevent corruption and government waste. Nor has the first monitoring report required by lawmakers been completed, though the initial deadline has passed.
"'It's a mess,' said Eric M. Thorson, the Treasury Department's inspector general, who has been working to oversee the bailout program until the newly created position of special inspector general is filled. 'I don't think anyone understands right now how we're going to do proper oversight of this thing.'"
Treasury Department Snuck a Windfall Clause for Banks into the Bailout Bill
Amit R. Paley, Washington Post, November 10, 2008
"The financial world was fixated on Capitol Hill as Congress battled over the Bush administration's request for a $700 billion bailout of the banking industry. In the midst of this late-September drama, the Treasury Department issued a five-sentence notice that attracted almost no public attention.
"But corporate tax lawyers quickly realized the enormous implications of the document: Administration officials had just given American banks a windfall of as much as $140 billion.
"The sweeping change to two decades of tax policy escaped the notice of lawmakers for several days, as they remained consumed with the controversial bailout bill. When they found out, some legislators were furious. Some congressional staff members have privately concluded that the notice was illegal. But they have worried that saying so publicly could unravel several recent bank mergers made possible by the change and send the economy into an even deeper tailspin."
See Also:
Schumer Questions IRS Rule Aiding Wells-Wachovia, Reuters, October 30
Obscure Tax Breaks Increase Cost of Financial Rescue, Wall Street Journal, October 18
After Change in Tax Law, Wells Fargo Swoops In, Washington Post, October 4
Federal Reserve Refuses to Disclose Details of Loans Totalling $2 Trillion
Mark Pittman, Bob Ivry and Alison Fitzgerald, Bloomberg News, November 10, 2008
"The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.
"Fed Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson said in September they would comply with congressional demands for transparency in a $700 billion bailout of the banking system. Two months later, as the Fed lends far more than that in separate rescue programs that didn't require approval by Congress, Americans have no idea where their money is going or what securities the banks are pledging in return....
"Bloomberg News has requested details of the Fed lending under the U.S. Freedom of Information Act and filed a federal lawsuit Nov. 7 seeking to force disclosure."
See Also:
Lawmakers, Investors Ask Fed for Lending Disclosure, Bloomberg News, November 13
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