More Pages: Woodward Page 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16


Bizarre and mystical
Autism : A Holistic Approach

lack of passion
A review of Central America: A Nation Divided

For chemists only
A good historical look at the most important chemists

Good reporting but it's not a history book.Woodward's writing style is very meticulous. His training as a reporter flows through every page of the book. The detail of information in this book is facinating. Woodward's focus is on reporting the details behind various scandals from the Ford and Carter years up until Clinton.
Woodward offers alot of background on the now defunct Independent Council Law and the circumstances that prompted it after Watergate. He also provides insight into the streingths and weaknesses of the law and how each IC interpreted and approached his duties.
The weakness of the book is in it's interpretation of the events. Woodward offers some insights into the reason behind the various scandals but they are somewhat shallow. Woodward's solution to presidential scandal is to simply be "forthcoming with the facts." This seems somewhat naive. Not to say that politicians should not be honest and truthful, but are presidents supposed to be upfront about every misstep of their administrations given that the media and politcal adversaries are ready to pounce on the slightest sign of weakness? Woodward is quick to show how Clinton could have avoided his troubles at any number of junctures.
The book spends little time discussing how honesty and openness can occur given the nature of the Washington press culture or the culture of skepticism in general. Woodward interestingly enough has virtually no criticism of the press.
Because of its weakness in offering solutions, you come away feeling like you just read a supermarket tabloid cover to cover. The details are interesting but they are not really put together in a meaningful way.
Overall the book is well written and a good read. Just don't expect too much from it and you'll be quite pleased.
An interesting historical studyHowever, the storytelling in the book makes it worth reading. You may forget why you're reading it, but Woodward uses his numerous high-level sources to give a fascinating retelling of many of the scandals that have lurked in the media through the last thirty years. He pays close attention to detail, trying to help readers who are unfamiliar with the events surrounding various investigations understand what was happening and who was involved. Because of this, I would still highly recommend this book, despite its occasional lack of a cohesive argument.
A must for any student of history or politics

Seriously Flawed, Superficial Look at Greenspan's LeadershipTo the potential reader of this book, let me give you two cautions. If you like exciting reading, go elsewhere. Economics and monetary policy are pretty boring stuff, and the way they are treated here makes them more boring than they have to be. Second, if you want to learn about the significance of Dr. Greenspan's role at the Federal Reserve, skip this book. It misses the target in that area.
Mr. Woodward, by comparison, is lucky I gave him 3 stars. The man treats biography as though he is uncovering the Watergate scandal, and the end justifies the means. For example, he does not cite sources. This means that the reader cannot judge for her- or himself what bias may be present in the material being quoted. For example, the first pages of the book slam James Baker in every possible way short of accusing him of being a pedophile. Who is this source (or sources) who is (are) providing the dirt? What do they have to gain by blackening Mr. Baker's reputation? I would like to know before I take the information seriously. Any other biographer or historian would tell you.
The second problem is that Mr. Woodward does not seem to know very much about economics or the Federal Reserve System. For there is little about either subject in a book that primarily focuses on Dr. Greenspan's role at the Fed. For example, the book does not even describe all of the legislative objectives that have been set for the Federal Reserve by Congress. The Humphrey-Hawkins legislation about encouraging full employment is first mentioned more than half-way through the book. Those who are not familiar with the subject wouldn't have guessed that Dr. Greenspan was supposed to be addressing this subject and was reporting to Congress regularly on it as Mr. Woodward reports on what Dr. Greenspan was doing to fight inflation.
Now, most will agree with me that economics is a pretty difficult subject to write about. But Mr. Woodward could have written about someone else rather than Dr. Greenspan. In this book, economic events, thoughts, and analyses are usually treated as either minor background events or as gossip items to reflect on personal qualities. As such, the economic events and implications are greatly oversimplified. For example, I doubt if many readers can understand the obscure references in the book to Dr. Greenspan's successful search for the missing service productivity measurements. At a minimum, Mr. Woodward needed a coauthor who is an economist to add some depth related to the book's treatment of Dr. Greenspan's work.
A third major problem with the book is that Mr. Woodward makes a great deal out of unused contingency planning in crises. These are dropped on the reader to suggest we were a hairs-breadth away from financial Armaggedon. That is like reporting the fact that we always had bombers in the air with nuclear weapons during the Cold War as suggesting that we were always about to bomb the USSR. All government agencies are always preparing for contingencies that will never occur. That doesn't mean that the contingencies are imminent. Mr. Woodward, for example, tries to make a case for having us think that President Reagan might have closed down the New York Stock Exchange in 1987 and that it could have taken a week to reopen. This is pure sensationalism in my view. It probably helps sell books.
The strength of the book is based on the fact that the Federal Reserve releases the transcripts of its deliberations. Mr. Woodward has liberally used these transcripts to give you a flavor of the consensus-building process he uses to lead in creating policy and interest rate decisions by the Fed. This raw material in interesting, even if Mr. Woodward's characterizations of these transcripts frequently are not. He makes a great deal about differences between Alan Blinder and Dr. Greenspan. That is much ado about nothing, and simply makes the book longer. Achieving consensus in Dr. Greenspan's Fed is a lot like the EDS television commercial about cowboys herding cats, especially after President Clinton began making appointments to the Fed.
One of Dr. Greenspan's great strengths is his approach to preparing for decisions. He is unusually open-minded, willing to listen, and eager to get better information. This makes others more willing to listen to him, and to pay attention to this views. It also allows him to improve his own views in useful ways. The book does a reasonably good job of exposing the benefits of this approach.
In two other minor areas, the book is clearly deficient. Mr. Woodward fails to discern the usefulness of Dr. Greenspan's complicated communications. You can read whatever you want into them. The Federal Reserve chairman is required to make more speeches, deliver more testimony, and to answer more questions than just about any other public official. Usually, the best result is to have to no impact on the financial markets. Dr. Greenspan is brilliant in performing these tasks in a neutral way. To listen to Mr. Woodward, you get a sense that Dr. Greenspan's convoluted communications are solely some sort of genetic defect acquired from his father.
Mr. Woodward does notice that stock price levels are high, but fails to fully appreciate how much the surging markets reflect a failure of Fed policy. Clearly, the interest rate raises we have going on now have been aimed more at the stock market (in a preemptive strike against future inflation) than against anything else. How will it all turn out? Much of Dr. Greenspan's final reputation will be determined by this open chapter in the story. I wish him well.
After you have finished reading this book, I suggest you consider the next biography you plan to read. Ask yourself these questions: What does the biographer have to know about to be competent in this area? Who would be an ideal biographer? How much time needs to pass before a reasonably objective and complete biography can be done? As a result, you may find your choice of subjects more limited than you like. Certainly, this book would fail these tests.
As for Mr. Woodward, please go back and write about crooked politics. You do that well, and your methods and skills are more appropriate there.
On the Money!Bob Woodward has written three books, which prominently highlight aspects of the Clinton era ' The Agenda, Shadow and Maestro. Maestro is the only one in which Clinton and his team look good ' really good. The approach to the economy, especially their cutting of the deficit, balancing of the budget and internationalist approach, both contributed to the boom and gave the Fed room to further sustain the boom. The Reagan and Bush administrations are portrayed as too political in their decision making, while the Clinton-Greenspan partnership is portrayed as the model.
Sadly, this model and the technical aspects of managing the government did not and don't get the attention that things like sex scandals do. Maestro helped me better appreciate Greenspan, but also better appreciate what we had with the Clinton administration. By comparison, the present Bush administration with its excessive tax cuts and deficit spending seems very scary.
My one major criticism of Maestro goes back to it being already out of date. Little space is devoted to explaining the structure of the Fed, what exactly it does, or even what Greenspan does on a day to day basis. In a way, it is like a very long newspaper or magazine article more than it is a book. But it is enjoyable and useful, at least for the moment.
Very readable economic history spanning 14 years.Woodward explains how the U.S. government, especially the Clinton Administration, has made a big transition toward monetary policy rather than fiscal policy to influence the economy. Hence, the Fed has taken center stage in U.S. economic policy, and the Fed's front-man, Alan Greenspan has been referred to by many people as the most powerful man in the world.
I think that this book would be an outstanding accompanyment to an introductory macroeconomics class as an example of how monetary policy works. Woodward's writing is a pleasure to read and the biography format keeps things moving very nicely. Readers with PhD's in Economics will probably not learn much, or take issue with many of the gaps in the text, but by and large, this is a very informative, readable book.


Not recommended.
Good Reference

What is that 'Windows' thing?
Great for beginners

A true picture of life on the Plains in the 1880s

Outdated, but still good

For Beginners OnlyAfter working through the book during the process of doing a medium sized website, I found that many of my questions were unanswered. This a good book if you have never done anything with the web at all, and are not interested in more advanced manipulation of your site.
A HUGE omission from this book is the topic of Cascading Style Sheets. For those who are considering this book and don't know, having knowledge of how to work with these is crucial, and this topic is completely left out.
Other than that, it was an OK introduction to the most basic of topics. If all you want to do is know what the basics are to put up a home page, this book will do the job. If you want to really dig into intermediate to advanced level features using Frontpage, this book is not for you. I will now buy The Complete REference book hoping for more complete coverage of advanced topics.
As for the CD, there isn't much on it that couldn't be had by surfing around the free sites on the web yourself, finding material that is actually relevent to your project.
A great book for a beginning web site builder!This book walks you through how to use all the tools to build web pages, hook up those pages into a web site, and send the site to your internet service provider. When you get done, you'll know how to build and maintain your site, and you won't have had to wade through 1000+ pages to get there. This book even shows you how to use the included graphics editors to dress up your pages, and how to use styles and templates to create a really snazzy look.
The writing is clear and concise, and the wealth of screenshots makes it easy to follow the step-by-step. It might be a bit much to get through this book "in a weekend", but it won't take much longer than that, even if you're a beginner.
Outstanding book. Best weekend I ever spent (I need a life!