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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
Author
Editorial Columnist
Journalist
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Matthew C. Taibbi
Matthew Taibbi
Years
Corruption
Financial
Crime
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Banker
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Bankers
Become
Involve
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Partly
More quotes by Matt Taibbi
Our leaders know we’re turning into a giant ghetto and they are taking every last hubcap they can get their hands on before the rest of us wake up and realize what’s happened.
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At least Bank of America got its name right. The ultimate Too Big to Fail bank really is America, a hypergluttonous ward of the state whose limitless fraud and criminal conspiracies we'll all be paying for until the end of time.
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Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game.
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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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America is a country that has been skating for ages on its unparalleled ability to look marvelous on the outside.
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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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The moral angle to the foreclosure crisis - and, of course, in capitalism we're not supposed to be concerned with the moral stuff, but let's mention it anyway - shows a culture that is slowly giving in to a futuristic nightmare ideology of computerized greed and unchecked financial violence.
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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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The significance of Columbus's discovery was that on a round earth, humanity is more interconnected than on a flat one. On a round earth, the two most distant points are closer together than they are on a flat earth.
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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.
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Ratings agencies are the glue that ostensibly holds the entire financial industry together.
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Once you give an NFL player permission to have thoughts, you invite all kinds of mischief.
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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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In the old days, when you took out a mortgage, it was probably through a local bank or a credit union, and whoever gave you your loan held on to it for life. If you lost your job or got too sick to work and suddenly had trouble making your payments, you could call a human being and work things out.
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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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In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.
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If anything, the bailouts actually hindered lending, as banks became more like house pets that grow fat and lazy on two guaranteed meals a day than wild animals that have to go out into the jungle and hunt for opportunities in order to eat.
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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 failure to work out sensible budgets makes it impossible for government agencies to make long-term plans, and instead leaves them scrambling to spend money in the short term.
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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.
Matt Taibbi