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It obviously matters who gets to be president. And it's perfectly valid for us media types to advocate for the candidate we think is more qualified, based on our reporting. But the hype has gotten so out of control, it's become bigger than the presidency itself.
Matt Taibbi
Like wars, forest fires and bad marriages, really stupid laws are much easier to begin than they are to end.
You know what an effective deterrent to crime is? Jail! And do you know what kind of criminal penalty actually makes people think twice about committing crimes the next time? The kind that actually comes out of some individual's pocket, not fines that come out of the corporate kitty.
In the years just after 9/11, even being breathed on by a suspected terrorist could land you in extralegal detention for the rest of your life.
2008 was to the American economy what 9/11 was to national security. Yet while 9/11 prompted the U.S. government to tear up half the Constitution in the name of public safety, after 2008, authorities went in the other direction.
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.
The one thing that I do is take really complicated systems and subjects and make them accessible to regular people.
Everybody I knew, practically, was a journalist when I was a kid - my father, all of his friends. I never wanted to be like those people.
I was a bit of a troubled kid growing up, let's put it that way. I didn't take pleasure in hard work.
America's always had a real passion for lunatic movements. That's one of the things we're probably known for around the world, I would imagine.
I try to be outraged by things that other people are just very accepting of, as though they're normal and can't be changed. A lot of what I write about is, 'Hey, you know, this stuff is really awful, and it doesn't need to be, and that's why it's so offensive.' Things should be better.
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.
By incentivizing Wall Street players to sniff out inefficient or corrupt companies and bet against them, short-selling acts as a sort of policing system; legal short-sellers have been instrumental in helping expose firms like Enron and WorldCom.
It would be inaccurate to say the Tea Partiers are racists. What they are, in truth, are narcissists.
At root, the Tea Party is nothing more than a them-versus-us thing.
The average Tea Partier is sincerely against government spending - with the exception of the money spent on them.
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.
I think that if you're a thinking person you should always be trying to learn something new.
Candidates don't want to be associated with poor people, people who have jobs or are ugly; they want to be associated with a certain middle class demographic, so as a result they leave those others out completely.
You know, I used to live in Russia where you had officers in the military opening up the warehouses at night and taking weapons out and putting them into a truck and selling them to foreign powers. That type of stuff doesn't happen in the United States. We still have a very functioning and relatively civil society.
In other countries they have histories with revolutions and class movements. In America, people don't like to think of themselves like being in a lower class. They all like to think of themselves as potential millionaires.
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.
'Nobody goes to jail.' This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth - and nobody went to jail.
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.