Architects of Ruin: How Big Government Liberals Wrecked the Global Economy--and How They Will Do It Again If No One Stops Them

In Architects of Ruin, New York Times bestselling author and conservative historian Peter Schweizer argues that the economic crisis was caused by liberals who used the power of government to create a subprime mortgage bubble that has ravaged the global economy. Rebutting charges that the financial collapse was caused by conservative deregulatory zeal, Schweizer, the author of Do as I Say (Not as I Do): Profiles in Liberal Hypocrisy, shows that it was actually the result of “do-good capitalism.”

• A Failure of Regulation, Not Deregulation: Peter Schweizer meticulously dismantles the myth of deregulatory zeal, exposing how decades of misguided liberal policies and social engineering created the very conditions for collapse.
• The Community Reinvestment Act: Discover how a well-intentioned act designed to fight redlining was weaponized by activists to force banks into making trillions of dollars in high-risk loans to underqualified borrowers.
• Fannie Mae and Freddie Mac: Uncover the political hijacking of these mortgage giants, turning them from stabilizing forces into engines for an activist agenda that endangered the entire financial system.
• The Role of ACORN: Follow the thirty-year campaign by radical community organizers like ACORN who used intimidation and accusations of racism to systematically dismantle traditional lending standards.