Causes of the Recession - Modern Recession

The Truth Of The Modern Recession

Root Causes and Reliable Solutions

Winner of the 2010 Indie Book Finalist Award - Finance Category

Winner of USA Book News 2010 Finalist Award - Current Events Category

Winner of USA Book News 2010 Finalist Award 2010 - History Category

"A Book Written By The People For The People!" - Fumi Teru, Contrarian Investors' Journal

A Not-For Author Profit Book (Click to see Author Book Contributions)

Available at Amazon.com $19.95 (Click to View), Kindle Books: $9.95

"Highly Recommended" - Midwest Book Review

Author is also founder of www.CitizensForEqualTrade.Org (please see active petition)

See Book Reviews

Author is available for speaking engagements, contact: modernrecession@comcast.net

Past Author Events (click here)

The Truth of the Modern Recession

The reader should expect to learn more on the Modern Recession from this book than from any other source. It is easy to understand, comprehensive, and well supported by facts. Areas investigated include: free trade and its deficit, separation of wealth, the housing bubble, tax issues, lobbyist problems, the national debt, etc. A proper root cause analysis has provided a logical assessment of the real issues. For example, the reader may be interested to learn: 1) Separation of wealth has increased 28% since 1980 (about 1% per year) and is a leading reason for tight money in the recession. 2) This has lead to a hoarding crisis. 3) The top 1% to 5% of the wealthiest individuals in the 35% bracket (some who make $1 billion or more in a year) only pay about a 20% tax. 4) The free trade deficit has accumulated to over $7.5 trillion, and is the main reason why the U.S. economy and our national debt are increasingly owned by foreigners. 5) Related outsourcing has led to a 33% decrease in manufacturing job losses in the last 10 years. 6) Foreclosures, government deregulation, and unsubstantiated marketplace rumors ignited a U.S. financial collapse toppling Lehman Brothers and 229 failed and 733 bailed-out banks. 7) All these issues have taken a toll on the national debt. 8) Even the trade deficit has tax related losses that appear well correlated to the national debt. These are substantial losses that cause us to question trade deficit ethical issues and a related clear violation of constitutional law! 9) A purpose of government is proper decision making, yet U.S. economists and legislatures do not use proper problem solving techniques. Our nation is in the hands of individuals who are ether strongly influenced by lobbyists or jump right to the solution without root cause analysis. All these are interrelated facts that contribute to our unreliable economy and are a Truth of the Modern Recession. Therefore, the modern recession will linger until real economic change occurs.

For Questions Contact: modernrecession@comcast.net

Not for Author Profit Book (see list of contributions)

Written for the Layperson

VIEW TABLE OF CONTENTS CLICK HERE

VIEW EXCERPTS FROM THIS BOOK

Reviews:

1. Awards:

Winner of the 2010 Indie Book Finalist Award - Finance Category (View Award or Indie Website)

Winner of the 2010 USA Book News Finalist Award - Current Events Category (View on their Website)

Winner of the 2010 USA Book News Finalist Award - History Category (View on their Website)

2. "Unlike other books on economics, Dr. Feinberg's The Truth to the Modern Recession approaches the economic problem from an engineering perspective. It covers a very wide area of the complex economic issues that plague America and offers many possible solutions to these problems. This book offers a very different feel from the stale vernacular of Wall Street. A book written by the people for the people!"

- Fumi Teru, Editor, Contrarian Investors' Journal (http://cij.inspiriting.com)

3. "Filled with positive suggestions to implement both on an individual and a national level: The Truth of the Modern Recession: Root Causes & Reliable Solutions presents the fundamentals underpinning America's current economic problems and issues in plain terms for readers of all backgrounds. Chapters discuss the root causes of "tight money" (why is there so much economic hoarding?), how certain aspects of national policy (particularly a tax policy which essentially neglects to tax more than 35% of an individual's wealth) could be altered to provide for a more robust economy, a seven-year plan to eliminate national debt, recommendations for job creation and retention investing, problems with free trade that have caused job losses, and much more. A surprising chapter suggesting long-term solutions for problems in the Middle East rounds out this opinionated yet persuasively argued compendium of economic definitions, explanations, and recommendations - filled with positive suggestions to implement both on an individual and a national level. Highly recommended."

- Midwest Book Review -March 9, 2010

4. "In The Truth To The Modern Recession, Dr. Feinberg presents a well-thought-out book on our economy's problems and offers possible solutions. It is not only a primer and a valuable resource, but also provides a nice approach toward investigating the entire economic situation that has led to our current state of affairs. His reasoning is covered with sufficient data, examples, and references to back up his arguments. The economic situation is not easy to understand; nor is it straightforward to determine how the U.S. should deal with the dilemma we have placed ourselves in. Feinberg covers the key problem areas of these circumstances. In each section, he presents logical ideas to address the difficulties that have evolved over the years. As part of his solution, he borrows the same methods used by industrialists to make products reliable, and applies these methods to the economy. The idea is to safeguard our financial system in the same way that industry safeguards theirs. Considering the numerous topics covered here, it is a surprising, complete, and concise work of value for anyone trying to understand - and looking to resolve the issues of our recession."

- Marc Pines, V.P. of Investments, private client group, 30 years experience for a major broker-dealer

5. "Strength of The Truth of the Modern Recession are numerous: It is well researched and written, extremely comprehensive and professionally organized. Feinberg’s insights on the U.S. national debt and the conflict in the Middle East are especially valuable at this time in our history; meaning, if marketed properly, this book has a strong chance to appeal to a wide readership. The range of topics covered here is impressive, too, but I never felt the author was out of his depth. The material is nicely put together and easy to follow, thanks to a deep table of contents, generous use of subheadings, tables, and lists, and a logical structure. Overall, an outstanding work that would benefit from a few designs tweaks. Ratings on a scale of 1 to 5 with 5 the best rating: Structure and organization: 5, Grammar: 5, Production quality and cover design: 3."

- Writer's Digest - October 26, 2010

6. "In reading Dr. Feinberg's book The Truth to the Modern Recession, I came away with a host of new ideas and thoughts regarding our current economic crises. The book offers many insights about how we got into the current situation and how we can recover. I especially enjoyed the ideas on creating a new tax structure to create a more equitable way of taxing the ultra rich. Dr. Feinberg's thoughts on hoarding, wealth accumulation and the effect of lobbyists on our economic system deserve strong attention from our government representatives. I think anyone from the laymen to the students of economics would enjoy reading this book because it is presented in straightforward and understandable terms."

- Larry Hillhouse, Tax Consultant, Financial Advisor, former CPA with 27 years experience

7. Dr. Feinberg's look at the modern recession presents a new perspective on some of our economies largest missteps and problems. His book not only examines many of the key issues surrounding the modern recession, but also presents the information in an easy to read manner, and well documented research. People often misconstrue the term economics with the working economy, when in fact economics is a set of tools used to valuate information (most prominently in the economy). Although, Dr. Feinberg, is not an economist, he presents the idea for tools used in his area of expertise to evaluate the economy, and does so with a great deal of care, and thought. To the potential reader - understand that the problems we face today, and will continue to face into the future, require innovative and creative thought. Dr. Feinberg's book The Truth Of The Modern Recession champions that idea throughout his writings, and adds his own solutions to some of our most pressing issues. Anytime you are able to gain new perspective on old issues, you should not let the opportunity pass you by, so I would encourage anyone with these concerns, to take the time and explore the ideas this book offers in a simple and easy to read format.

- Devon Krivec, Economist

8. "Dr. Feinberg's The Truth To The Modern Recession, uses a straight forward approach to explaining the causes of our economic recession, the behaviors that perpetuate it, and ways to resolve it. In addition, the book provides an excellent foundation to the principals of reliability economics, by using analogies to help the reader with no prior economic/financial education to comprehend our current economic situation. Dr. Feinberg's statements are supported by tables, charts, and other references to support his point of view. For those who want a comprehensive understanding of the intricate workings of our economy, and needed solutions, this book is a must."

- Lou Rosenberg, Senior Systems Analyst, 25 years experience

About The Author - Dr. Alec Feinberg (Click Here)

Places to buy this book

Your Purchase Helps Support Book Contributions (A Not for Author Profit Book - See List)

Availability:

Amazon.com $19.95 (Click Here)

Available on Kindle Book Reader $9.95

Or order from any bookstore

Wholesaler: Baker and Taylor

Distributor: Createspace 866-308-6235 Option 6

Available: Paperback & Ebook

Publisher - WE-Economy Press

Library of Congress Control Number: 2009910601

ISBN-13: 978-0-615-31529-4

ISBN-10: 0615315291

Also Available in a Larger Easier to Read Size:

Become Empowered - Read and Write Your Representative

SELECTED BOOK EXCERPTS (Please see sister site: www.solutionsWithoutUSdebt.com)

1. What Are The Root Causes of the Modern Recession
2. Introducing Reliability Economics
3. Safeguarding the Economy in the Same Way Industry Does Products
4. The Growing Problem of Division of Wealth and Why it Contributes to Job Loss, Tight Money, and is Hurting our Economy
4. Economic Hoarding Facts
5. Why Our U.S. Tax Structure Favors the Wealthy and How It Should Change
6. A Seven-Year Plan to Eliminate the National Debt - Why Declaring War on the National Debt Makes Sense

7. The Growing Problem of Overpopulation and its Effect on Job Losses

8. Free Trade Failures – Understanding Root Cause Failure Modes
9. Free Trade Deficit Related Tax Losses (found at CitizensForEqualTrade.Org)
10. Free Trade 'Deficit' Violates Constitutional Law and the Free Trade Agreement (found at CitizensForEqualTrade.org)

10. US Parallels to Fall of Roman Empire

11. How You Can Help

Please see sister sites: www.CitizensForEqualTrade.org www.SolutionsWithoutUSdebt.com

Past Events

Tattered Cover Book Store - Lo Do, Denver, June 25th 2010 6-9

Book Signing - Reader's Cove, Fort Collins, Co. Jan. 14, 2010, 6-9PM

Reliability Economics Presentation - Betsey Markey Office, February 10, 2019

IEEE Reliability Society & Society of Mechanical Engineers, Longmont, March 16, 2010

Rotary Club Author Talk, Fort Collins, CO. - March 23, 2010

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