U.S. Blows $400 Million an Hour
If you harbor any doubts about how dysfunctional Washington has become, add two books to your reading list: “Bailout” by Neil Barofsky and “Red Ink” by David Wessel.
Each describes a federal government incapable of taking steps vital to America’s future. And each leaves you wondering if the system is too broken to mend.
Start with “Bailout,” Barofsky’s angry memoir of his stint as the special inspector general policing the $700 billion bank bailout Congress passed after the collapse of Lehman Brothers Holdings Inc.