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The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.
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
Spending
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Passionately
Power
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Always
Deficit
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Debt
More quotes by Matt Taibbi
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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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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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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If the law doesn't apply equally to everybody, then you don't really have a system of law.
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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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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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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It's come around to that point of view at the end of a long evolutionary process, in which the rule of law has slowly been replaced by giant idiosyncratic bureaucracies that are designed to criminalize failure, poverty, and weakness on the one hand, and to immunize strength, wealth, and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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I think that if you're a thinking person you should always be trying to learn something new.
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Ratings agencies are the glue that ostensibly holds the entire financial industry together.
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I was a bit of a troubled kid growing up, let's put it that way. I didn't take pleasure in hard work.
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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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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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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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Within the cult of Wall Street that forged Mitt Romney, making money justifies any behavior, no matter how venal.
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I'm a product of an East Coast liberal arts educational system.
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I mean, people who say that the Tea Party isn't a grassroots movement, I think, are incorrect. I think in some respects, it is a grassroots movement.
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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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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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I think America has the best assholes in the world. I defy the Belgians or the Japanese to produce something like a Donald Trump.
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