Matt Taibbi
Matt Taibbi
Matthew C. "Matt" Taibbiis an American author and journalist. Taibbi has reported on politics, media, finance, and sports, and has authored several books, including The Divide: American Injustice in the Age of the Wealth Gap, Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking Americaand The Great Derangement: A Terrifying True Story of War, Politics, and Religion...
NationalityAmerican
ProfessionAuthor
Date of Birth2 March 1970
CountryUnited States of America
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.
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.
By creating an urgent crisis that can only be solved by those fluent in a language too complex for ordinary people to understand, the Wall Street crowd has turned the vast majority of Americans into non-participants in their own political future.
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.
The one thing that I do is take really complicated systems and subjects and make them accessible to regular people.
The NFL, sadly, has a fatal environmental problem: It kills its workers.
The individual incentive not to commit crime on Wall Street now is almost zero.
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.
Obviously the commercial news media tries to get you worked up and terrified so you'll buy products that they're advertising.
Once you give an NFL player permission to have thoughts, you invite all kinds of mischief.
One of the great cliches of campaign journalism is the notion that American elections have long since ceased to be about issues and ideas.
'Prop trading' is just a fancy term for banks gambling in the market for their own profit.
Ratings agencies are the glue that ostensibly holds the entire financial industry together.
The average Tea Partier is sincerely against government spending - with the exception of the money spent on them.