Libertarian talk-radio host Goyette explains how the growth of federal power and its costly warfare and welfare spending are bankrupting America and strangling our prosperity. Our leaders are ideologically bankrupt. The Obama White House has forced the adoption of bailouts and unnecessary spending programs that do little but destroy wealth. But the Bush administration was no better, with its unending, bankrupting elective war and the largest bailout in our nation's history. Meanwhile, career politicians continue to pointlessly argue without enacting real, effective change. Goyette reveals: how the longstanding practice of crony capitalism--the strong ties between bankers, corporate executives, and their buddies and former colleagues in government--strangles our economy; why we need to rein in overseas spending and end American interventionism before we meet the same fate as every other empire in history; why freedom works and why the state doesn't. Left to flourish on their own, spontaneous, self-organizing systems can and will restore our prosperity.--From publisher description.

Introduction: America crosses the line -- Section 1: Liberty. Wealth and prosperity ; The blessings of liberty ; The free economy ; Property rights -- Section II: The state. Central planning ; Fascism and crony capitalism ; The enemies of prosperity -- Section III: Dead ahead. The dollar endgame ; Twilight of the empire ; Last thoughts -- Appendix I: I, pencil -- Appendix II: The broken window fallacy.