The Biggest Con: How the Government is Fleecing You

This is probably one of the best books I have ever read about government waste and abuse of the American people. Published in the 70s, the information provided will give a startling look at the similarities between todays financial and economic crisis and the past. Learn what needs to be done to stop it!

Irwin is one bright guy, and he has a gift for explaining complex topics in interesting and understandable ways. Even though this book is more than 30 years old, it still does a great job of revealing the basic ways that the US government cons its own citizens. Ours is not the only government doing this, though; the problem is world-wide and runs far back in history. Irwin's book was an eye-opener when I read it back in the '70s and I'm still recommending it to friends.

Having read this book in the 90's it is still good for today to explain why oil prices are so much higher......it is really the dollar becoming devalued. who is doing this as I watched gold go to almost $880 an ounce again. the US is broke from a war just like in the 70's and we are there again......the US is broke we have borrowed billions from IMF to pay bills. funny it was not like during clintons term. now ron paul wants to do away with the dollar and start a Am-euro. I don't know who will be elected I'm still evaluating what country I want to move to. what you will see like all retirees having the retirement money devalued my guess to about 1/10 of what it is worth today. this is how current administration will pay for social security, it is with a cheaper dollar. (dang I tried to keep the word cheaper out of my description.) we are headed for rampart inflation again. as taxes are cut today, well inflation will cause every bodies pay to increase.......unknowingly the poor start thinking they are getting paid their worth. the government thinks the weak just don't realize the higher pay puts them into a higher tax bracket so we get more with out raising taxes. in 1968 crude was $3.00+/barrel, gold at $32.50, gas at $.30 in 2007 reg. crude is $80/barrel, gold $800, gas at $3.00 crudes in 2007 sweet light (low sulfur and thin) is $90 and sour (heavy high sulfur) is $50 I averaged to regular crude at $80. i wanted to show the semblance of crude and gold an ounce of gold still buys about the same 10 barrels of oil. you will understand when the US gov. complains that china is a money manipulator and won't move their currency.......how it is really the US that is at fault. the US is trying to devalue the dollars (over 2.2 trillion as of last years quote and probably much higher now) which would lower the Chinese real dollar worth. like I gave you a 10 and a week later when you went to spend it......it is now only worth 5. read the book and you will understand!

The best word to describe this book is prophetic. Read about the dollar's decline, how inflation erodes our buying power, the crumbling of the U.S. industrial base, currency vs. money, then marvel that these words were written over 30 YEARS AGO. This book is a great primer not only on the dangers of big government, but also on economics, the federal reserve system and a host of other tax-related topics. After reading this, many of the ills that afflict and aggravate us today in the 21st century will make far more sense. This book will answer such questions as: "Why do I keep paying more in taxes and getting less in services from government?" and, "If the government can print all the money it needs, why is the national debt so big?" and finally, "What happened to all the great, last-a-lifetime 'Made In America' products I had as a child in this once-great country?" The Biggest Con has many helpful illustrations and charts which -- although 30 years out of date -- demystify the subject of taxes, money and market forces. Think of it as Economics 101 without wasting your hard-earned cash on an overpriced 3-inch-thick textbook that confuses you even more, or sitting through a boring semester at college. In the appendix you also will find a transcript of Schiff's 1968 testimony before Congress warning of the consequences of going off the gold standard, consequences we are living with and suffering through today. Read it and say "He told us so!"

I learned more concerning our government's tax policy and the manipulation of money (versus the pieces of paper we carry around in our wallets) from this book in three hours than four years of study in college. Schiff boils it down to the essence, from three men beginning a culture to a controlling government, taxing and watering down the money supply. Your view of Keynes' ideas and why Adam Smith's concepts were abandoned will become cystal clear. Should be required reading for anyone involved in economics - which is exactly why the government would prefer that this book be left on the shelf.