Bankrupting The Enemy
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Author | : Edward S Miller |
Publisher | : Naval Institute Press |
Total Pages | : 363 |
Release | : 2007-09-10 |
Genre | : History |
ISBN | : 161251118X |
Award-winning author Edward S. Miller contends in this new work that the United States forced Japan into international bankruptcy to deter its aggression. While researching newly declassified records of the Treasury and Federal Reserve, Miller, a retired chief financial executive of a Fortune 500 resources corporation, uncovered just how much money mattered. Washington experts confidently predicted that the war in China would bankrupt Japan, not knowing that the Japanese government had a huge cache of dollars fraudulently hidden in New York. Once discovered, Japan scrambled to extract the money. But, Miller explains, in July 1941 President Roosevelt invoked a long-forgotten clause of the Trading with the Enemy Act of 1917 to freeze Japan s dollars and forbade it to sell its hoard of gold to the U.S. Treasury, the only open gold market after 1939. Roosevelt s temporary gambit to bring Japan to its senses, not its knees, was thwarted, however, by opportunistic bureaucrats. Dean Acheson, his handpicked administrator, slyly maneuvered to deny Japan the dollars needed to buy oil and other resources for war and for economic survival. Miller's lucid writing and thorough understanding of the complexities of international finance enable readers unfamiliar with financial concepts and terminology to grasp his explanation of the impact of U.S. economic policies on Japan. His review of thirty-seven studies of Japan's resource deficiencies begs the question of why no U.S. agency calculated the impact of the freeze on Japan's overall economy. His analysis of a massive OSS-State Department study of prewar Japan clearly demonstrates that the deprivations facing the Japanese people were the country to remain in financial limbo buttressed its choice of war at Pearl Harbor. Such a well-documented study is certain to be recognized for its significant contributions to the historiography of the origins of the Pacific War.
Author | : Edward S. Miller |
Publisher | : US Naval Institute Press |
Total Pages | : 362 |
Release | : 2007 |
Genre | : Business & Economics |
ISBN | : |
"Award-winning author Edward S. Miller contends that the United States forced Japan into international bankruptcy to deter its aggression. While researching newly declassified records, the retired chief financial executive of a Fortune 500 resources corporation uncovered just how much money mattered. The Japanese government had a huge cache of dollars fraudulently hidden in New York that, once discovered, it scrambled to extract. But in July 1941, President Roosevelt froze the money in an effort to "bring Japan to its senses, not its knees." His intentions were thwarted, however, by opportunistic bureaucrats who maneuvered to deny Japan the dollars needed to buy oil and other resources for its economic survival. Miller's analysis of prewar documents, including a massive OSS-State Department study, clearly demonstrates that the deprivations facing the Japanese people as a result of the freeze buttressed Japan's choice of war at Pearl Harbor."--Jacket
Author | : Edward S Miller |
Publisher | : Naval Institute Press |
Total Pages | : 345 |
Release | : 2007-03-01 |
Genre | : History |
ISBN | : 1612511465 |
Based on twenty years of research in formerly secret archives, this book reveals for the first time the full significance of War Plan Orange—the U.S. Navy's strategy to defeat Japan, formulated over the forty years prior to World War II.
Author | : Stephen Mihm |
Publisher | : Harvard University Press |
Total Pages | : 470 |
Release | : 2009-06-30 |
Genre | : History |
ISBN | : 0674041011 |
Prior to the Civil War, the United States did not have a single, national currency. Counterfeiters flourished amid this anarchy, putting vast quantities of bogus bills into circulation. Their success, Mihm reveals, is more than an entertaining tale of criminal enterprise: it is the story of the rise of a country defined by freewheeling capitalism and little government control. Mihm shows how eventually the older monetary system was dismantled, along with the counterfeit economy it sustained.
Author | : David Limbaugh |
Publisher | : Regnery Publishing |
Total Pages | : 450 |
Release | : 2006-08-01 |
Genre | : Political Science |
ISBN | : 1596980176 |
The brother of radio talk-show host Rush Limbaugh argues that the Democratic Party has relinquished its control and spiritual virtue to liberal extremists, contending that the party has besmirched the president's character, undermined worthy Republican efforts, and veered away from its historical practices and roles.
Author | : Sebastian Edwards |
Publisher | : Princeton University Press |
Total Pages | : 288 |
Release | : 2019-09-10 |
Genre | : Business & Economics |
ISBN | : 0691196044 |
The untold story of how FDR did the unthinkable to save the American economy.
Author | : Timothy P. Carney |
Publisher | : Simon and Schuster |
Total Pages | : 263 |
Release | : 2009-11-30 |
Genre | : Political Science |
ISBN | : 1596981342 |
In Obamanomics, investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than "Hope" and "Change," Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare, it's regulatory robbery... it’s Obamanomics.
Author | : Peter G. Peterson |
Publisher | : Macmillan |
Total Pages | : 292 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : 0374252874 |
As George Bush Plans to Borrow Trillions in Order to "Save" Social Security and as Congress ponders endlessly rising deficit projections, Peter Peterson offers a crucial warning and a manifesto. Acclaimed by all sides of the political spectrum, and required reading for everyone concerned with America's long-term economic survival, Running on Empty outlines what we must do to ensure our children's economic future and calls on the Bush administration to confront a deep and disturbing problem that politicians of all parties have insisted on ignoring for too long. Book jacket.
Author | : Erick Stakelbeck |
Publisher | : Simon and Schuster |
Total Pages | : 321 |
Release | : 2013-07-15 |
Genre | : Political Science |
ISBN | : 1621570347 |
The Brotherhoods is the chilling chronicle of the alleged crimes and betrayals of NYPD Detectives Stephen Caracappa and Louis Eppolito, notorious rogue cops who stand charged with the ultimate form of police corruption-shielding their crimes behind their badges while they worked for the mob. These crimes included murder, kidnapping, torture, and the betrayal of an entire generation of New York City detectives and federal agents. This gripping real-life detective story reveals two brotherhoods, both with hierarchies, rituals, and codes of conduct. Chased for seven years by William Oldham, the brilliant and determined detective who didn't let the case die, Detectives Caracappa and Eppolito are at the centre of an investigation that moves from the mobbed-up streets of Brooklyn to Hollywood sets and the Las Vegas strip. Co-written with prize-winning investigative journalist Guy Lawson, the story spans three decades and showcases a cast of characters that runs the gamut from capo psychopaths to grieving mothers to a group of retired detectives and investigators working to see that justice is done.This quintessential American mob tale, both bizarre and compelling, ranks with such modern crime classics as Serpico, Donnie Brasco, and Wiseguy.
Author | : David Evans |
Publisher | : Naval Institute Press |
Total Pages | : 696 |
Release | : 2015-01-15 |
Genre | : History |
ISBN | : 1612514251 |
One of the great spectacles of modern naval history is the Imperial Japanese Navy's instrumental role in Japan's rise from an isolationist feudal kingdom to a potent military empire stridently confronting, in 1941, the world's most powerful nation. Years of painstaking research and analysis of previously untapped Japanese-language resources have produced this remarkable history of the navy's dizzying development, tactical triumphs, and humiliating defeat. Unrivaled in its breadth of coverage and attention to detail, this important new study explores the foreign and indigenous influences on the navy's thinking about naval warfare and how to plan for it. Focusing primarily on the much-neglected period between the world wars, David C. Evans and Mark R. Peattie, two widely esteemed historians, persuasively explain how the Japanese failed to prepare properly for the war in the Pacific despite an arguable advantage in capability.