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Bold Endeavors
How Our Government Built America, and Why It Must Rebuild Now  
This edition: Hardcover, 272 pages
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Bold Endeavors is a compelling narrative of ten large and transformative events in American history. It is an absorbing journey through the past as we read about determined national leaders -- Jefferson, Lincoln, Teddy Roosevelt, FDR, and Eisenhower -- who found the will, steadiness, and political acumen to make decisions that were often unpopular but that proved to be visionary -- decisions that are the building blocks of America's destiny.

Rohatyn begins with the diplomatic intrigues of the Louisiana Purchase, which doubled the size of the country; moves to the controversial construction of the Erie Canal, which opened a water route to the West; then continues to Lincoln's resolute support for the transcontinental railroad, Land Grant colleges, and the Homestead Act; documents the strategy -- and ruthless determination -- that built the Panama Canal; details the visionary and pragmatic politics that allowed FDR to bring electricity to rural America and use the Reconstruction Finance Act to help pull the country from the grip of the Depression; captures the foresight of national purpose which led to the G.I. Bill, which propelled the nation forward; and describes the creation of the interstate highway system that modernized America.

Bold Endeavors is an urgent call for present-day action in this time of grave national crisis. "The nation is falling apart -- literally," Rohatyn warns. "America's roads and bridges, schools and hospitals, airports and roadways, ports and dams, water lines and air control systems -- the country's entire infrastructure is rapidly and dangerously deteriorating."

To reverse this catastrophic degeneration and create tens of thousands of new jobs, Rohatyn offers a carefully reasoned and practical solution. Bold and imaginative political leadership must use the power and the resources of the federal government to finance the rebuilding of the nation's infrastructure.

Rohatyn's page-turning case studies are precedents for purposeful, resourceful, and tenacious leadership that is necessary to accomplish both the rebuilding of America and the country's emergence from its present financial crisis. These bold endeavors from the nation's past are instructive, a guide and an inspiration for Americans today. If the nation is to be rebuilt and its infrastructure renewed, if the country is to emerge from the present economic crisis and reclaim its position of unqualified strength and leadership in world affairs, then it must be guided by the vision, determination, and investments that originally helped create a secure and prosperous America.

USA Today, June 7, 2009
...do its thing. What to do? History tells us that Democrats are thinking along the right lines, writes Felix Rohatyn in Bold Endeavors: How Our Government Built America, and Why It Must Rebuild Now. The government spent its way out of the ...
Reuters, April 7, 2009
...Felix Rohatyn, best known as the investment banker who helped save New York City from bankruptcy in the 1970s, joins Pat Fitzgibbons to discuss his new book 'Bold Endeavors.' In the ...
The Economist, March 19, 2009
...and interventions that form the governments response. Yet the mythology is based on a selective interpretation of history. Felix Rohatyn demonstrates this by recounting ten episodes of significant and ultimately beneficial economic ...
New York Times, February 23, 2009
...Felix Rohatyn, the veteran financier credited with saving New York City from bankruptcy in the 1970s, believes the Unites States government should think bigger if it wants to dig the country ...
BusinessWeek, February 19, 2009
...Bold Endeavors: How Our Government Built America, and Why It Must Rebuild Now By Felix RohatynSimon & Schuster; 259 pp; $26 Funny thing, this economic stimulus effort. When the U.S ...
New York Times, February 14, 2009
...shouldnt be do we do short-term investment or do we do long-term investment, because we need both, said Felix Rohatyn, the financier whose new book, Bold Endeavors: How Our Government Built America, and Why It Must Rebuild Now (Simon & ...