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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
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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
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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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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Ratings agencies are the glue that ostensibly holds the entire financial industry together.
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What we have now is a situation where politicians get a whole bunch of money from mainly business interests. Then once they hold that office, they spend all their time in office paying back over and over again those campaign contributions through various favors and contracts and that sort of thing.
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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.
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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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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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This idea that you can't be an honest man and a Washington politician is a myth, a crock made up by sellouts and careerist hacks who don't stand for anything and are impatient with people who do. It's possible to do this job with honor and dignity.
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This is America: Corporate stealing is practically the national pastime, and Goldman Sachs is far from the only company to get away with doing it.
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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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Capitalism is a system for determining objective value.
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I'm a product of an East Coast liberal arts educational system.
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Being a wiseass in a groupthink environment is like throwing an egg at a bulldozer.
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The Congressional Record will forever show that [Obamacare] was passed in a romper room of overgrown children seemingly barely old enough to keep from peeing on themselves.
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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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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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I think that if you're a thinking person you should always be trying to learn something new.
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It's come around to that point of view at the end of a long evolutionary process, in which the rule of law has slowly been replaced by giant idiosyncratic bureaucracies that are designed to criminalize failure, poverty, and weakness on the one hand, and to immunize strength, wealth, and success on the other.
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John Boehner is the ultimate Beltway hack, a man whose unmatched and self-serving skill at political survival has made him, after two decades in Washington, the hairy blue mold on the American congressional sandwich.
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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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