“It’s one of the oldest and most effective forms of extortion: the protection racket,” he writes in one chapter. He also says that the notion that Washington dysfunction is a product of partisanship and ideological entrenchment can be looked at in a different light: that gridlock, legislative threats, and fear of uncertainty help prime the donation pump.

Schweizer advances a novel argument: Rather than special-interest money in Washington being funneled to politicians in order to gain access and favor, politicians run government in ways designed to extract special-interest money from various constituencies. But the new book “Extortion: How Politicians Extract Your Money, Buy Votes and Line Their Own Pockets,” is predictably not drawing rave reviews from House Speaker John Boehner, whose office is lashing out at author Peter Schweizer, a fellow at the conservative Hoover Institution and an editor-at-large at Breitbart. In the CNBC interview above with Larry Kudlow, author and friend Peter Schweizer discusses his new book “ Extortion: How Politicians Extract Your Money, Buy Votes and Line Their Own Pockets.” As expected, Peter’s book is drawing some criticism from the political status quo, here’s an excerpt from a National Journal article about the book and controversy it’s generating:Ī new book that argues politicians in Washington manufacture crises and manipulate vote scheduling and other legislative activity as part of a Mafia-like “protection racket” to extort campaign donations.

Be a bombshell moneymoney