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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.
Matt Taibbi
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Matt Taibbi
Age: 54
Born: 1970
Born: March 2
Author
Editorial Columnist
Journalist
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Matthew C. Taibbi
Matthew Taibbi
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One of the great cliches of campaign journalism is the notion that American elections have long since ceased to be about issues and ideas.
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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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Amendments occupy a great deal of most legislators' time, particularly those lawmakers in the minority. Members of Congress do author major bills, but more commonly they make minor adjustments to the bigger bill.
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For a country founded on the idea that rights are inalienable and inherent from birth, we’ve developed a high tolerance for conditional rights and conditional citizenship.
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The problem with the Tea Party is that it's been used in a way that scares people into supporting an agenda that's counter to their own interests.
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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.
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Ratings agencies are the glue that ostensibly holds the entire financial industry together.
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The print magazine and print journalism industry is obviously in a great deal of trouble, and one of the things that happened when this business started to give way to the Internet and to broadcast television is that a lot of organizations started cutting specifically investigative journalism and they also started cutting fact-checkers.
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Unquestionably, however, something else is at work, something that cuts deeper into the American psyche. We have a profound hatred of the weak and the poor, and a corresponding groveling terror before the rich and successful, and we're building a bureaucracy to match those feelings.
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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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There are some who think that the government is limited in how many corruption cases it can bring against Wall Street, because juries can't understand the complexity of the financial schemes involved. But in 'U.S.A. v. Carollo,' that turned out not to be true.
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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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It would be inaccurate to say the Tea Partiers are racists. What they are, in truth, are narcissists.
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Being in the building with Sarah Palin that night is a transformative and oddly unsettling experience. It’s a little like having live cave-level access for the ripping-the-heart-out-with-the-bare-hands scene in Indiana Jones and the Temple of Doom.
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Mike Huckabee represents something that is either tremendously encouraging or deeply disturbing, depending on your point of view: a marriage of Christian fundamentalism with economic populism.
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Everything in America is so uniform. In Russia, everywhere you go is completely insane.
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I'm a product of an East Coast liberal arts educational system.
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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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