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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.
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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I think that if you're a thinking person you should always be trying to learn something new.
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Organized greed always defeats disorganized democracy.
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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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It's really interesting that we've had this great Tea Party movement that is all about restoring free market capitalist values, but what they completely fail to understand is that what we've got now is a situation where there is a small class of gigantic financial companies that have put themselves above capitalism.
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The basic scam in the Internet age is pretty easy even for the financially illiterate to grasp. It was as if banks like Goldman were wrapping ribbons around watermelons, tossing them out fiftieth-story windows, and opening the phones for bids. In this game you were a winner only if you took your money out before the melon hit the pavement.
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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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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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Once you give an NFL player permission to have thoughts, you invite all kinds of mischief.
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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.
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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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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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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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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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'American Sniper' is a movie whose politics are so ludicrous and idiotic that under normal circumstances it would be beneath criticism. The only thing that forces us to take it seriously is the extraordinary fact that an almost exactly similar worldview consumed the walnut-sized mind of the president who got us into the war in question.
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The one thing that I do is take really complicated systems and subjects and make them accessible to regular people.
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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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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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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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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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