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In America, it takes about two weeks in the limelight for the whole country to think you've been around for years.
Matt Taibbi
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Matt Taibbi
Age: 54
Born: 1970
Born: March 2
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Editorial Columnist
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Matthew C. Taibbi
Matthew Taibbi
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More quotes by Matt Taibbi
To Wall Street, a firm like BP isn't just a profitable energy company with lots of assets like oil rigs and pipelines and gas stations - it's also a corporation that routinely borrows hundreds of millions of dollars to keep its business up and running.
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There are times when American politics seems like little more than two groups in a fever to prevent each other from trespassing upon their respective soothing versions of unreality
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In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.
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Since the end of the Cold War, America has been grasping left and right for an identity.
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The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.
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There is a reason it used to be a crime in the Confederate states to teach a slave to read: Literacy is power.
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Organized greed always defeats disorganized democracy.
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The national debt is totally unlike a family budget for about a gazillion reasons, not the least of which being that families cannot raise money by fiat or deflate the size of their debt unilaterally and that family members die instead of existing infinitely.
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What we Americans go through to pick a president is not only crazy and unnecessary but genuinely abusive. Hundreds of millions of dollars are spent in a craven, cynical effort to stir up hatred and anger on both sides.
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The race for the White House is normally an event suffused with drama, sucking eyeballs to the page all over the globe.
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Being a wiseass in a groupthink environment is like throwing an egg at a bulldozer.
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Criminal justice, as it pertains to the Goldmans and Morgan Stanleys of the world, is not adversarial combat, with cops and crooks duking it out in interrogation rooms and courthouses. Instead, it's a cocktail party between friends and colleagues who from month to month and year to year are constantly switching sides and trading hats.
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The only reason investors haven't run screaming from an obviously corrupt financial marketplace is because the government has gone to such extraordinary lengths to sell the narrative that the problems of 2008 have been fixed.
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Obviously, people who commit crimes should be punished. Even people who steal socks and 'Snow White' videos should probably do time if they have priors, especially serious priors. But the punishment has to fit the crime, and the standard has to be the same for everyone.
Matt Taibbi
At root, the Tea Party is nothing more than a them-versus-us thing.
Matt Taibbi
One of the great cliches of campaign journalism is the notion that American elections have long since ceased to be about issues and ideas.
Matt Taibbi
Over the years, many in the public have become numb to news of financial corruption, partly because too many of these stories involve banker-on-banker crime.
Matt Taibbi
The mistake our politicians so often make with these industry leaders is in thinking they are interested in, or respectful of, the power of government. All they want is to keep stealing. If you can offer them the government’s seal of approval on that, they’ll take it. But if you can’t, well, they’ll take that too.
Matt Taibbi
It's not a stretch to say the whole financial industry revolves around the compass point of the absolutely safe AAA rating. But the financial crisis happened because AAA ratings stopped being something that had to be earned and turned into something that could be paid for.
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People are beginning to become disturbingly comfortable with a kind of official hypocrisy. Bizarrely, for instance, we've become numb to the idea that rights aren't absolute but are enjoyed on a kind of sliding scale.
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