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" Capitalism is a system for determining objective value. "
Matt Taibbi
System
Objective
Capitalism
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" You win the modern financial-regulation game by filing the most motions, attending the most hearings, giving the most money to the most politicians and, above all, by keeping at it, day after day, year after fiscal year, until stealing is legal again. "
Matt Taibbi
Game
Giving
Legal
" You might think otherwise, but it doesn't naturally follow that because a law has been passed by Congress and signed by the president, said law actually has to be implemented. "
Matt Taibbi
Follow
You
Think
" Politics is about a lot more than winning and losing. I think politics at its best is about compromise, shades of grey and about issues. "
Matt Taibbi
Best
Politics
Winning
" For the broadcast business to be successful, viewers need to be not merely interested in our political melodramas, they have to be in an absolute state about them - emotionally invested in the outcome and frightened not to watch what happens next. "
Matt Taibbi
Need
Successful
Political
" 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. "
Matt Taibbi
Government
Work
Short
" In modern American politics, being the right kind of ignorant and entertainingly crazy is like having a big right hand in boxing; you've always got a puncher's chance. "
Matt Taibbi
You
Politics
Crazy
" I don't often get angered by the things press spokespeople say. Most of these people have difficult jobs and are often forced to be the public faces of policies they had nothing to do with creating. "
Matt Taibbi
Things
Creating
Say
" 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. "
Matt Taibbi
Real
Passion
America
" 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. "
Matt Taibbi
Crisis
Compass
Say
" Everything in America is so uniform. In Russia, everywhere you go is completely insane. "
Matt Taibbi
You
Uniform
Everything
" 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. "
Matt Taibbi
Future
Language
Political
" To Wall Street, a firm like BP isn't just a profitable energy company with lots of assets like oil rigs and pipelines and gas stations - it's also a corporation that routinely borrows hundreds of millions of dollars to keep its business up and running. "
Matt Taibbi
Business
Street
Company
" George Bush and John Ashcroft were religious in a scary way, but the rational among us could always take heart that, deep down, the Bush administration was more cynical than messianic. "
Matt Taibbi
Down
Way
Scary
" 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
Over
News
Corruption
" 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. "
Matt Taibbi
Lost
Sick
You
" Comparing your family budget to the sovereign debt of the United States is a little like comparing two kindergartners tossing a paper airplane to the Apollo 11 mission. "
Matt Taibbi
Budget
Mission
Family
" The joy of being a consumer is that it doesn't require thought, responsibility, self-awareness or shame: All you have to do is obey the first urge that gurgles up from your stomach. And then obey the next. And the next. And the next. "
Matt Taibbi
Joy
Responsibility
Shame
" We may be many things, we Americans, but we always get the job done. "
Matt Taibbi
Things
May
Job
" Since the end of the Cold War, America has been grasping left and right for an identity. "
Matt Taibbi
Identity
War
Right
" America is a country that has been skating for ages on its unparalleled ability to look marvelous on the outside. "
Matt Taibbi
Country
Ability
America
" When push comes to shove, we all should know most Americans want the same things, but just disagree on how to get there, which is why it should be okay to not panic if the other party wins. "
Matt Taibbi
Why
Want
Push
" 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. "
Matt Taibbi
Great
More
Time
" In the '50s and '60s, journalism wasn't a profession. It wasn't something you went to college for - it was really more of a trade. You had a lot of guys who came up working in newspapers at the copy desk, or delivery boys, and then they would somehow become reporters afterward and learn on the job. "
Matt Taibbi
Copy
Journalism
You
" Sarah Palin is a symbol of everything that is wrong with the modern United States. As a representative of our political system, she's a new low in reptilian villainy, the ultimate cynical masterwork of puppeteers like Karl Rove. "
Matt Taibbi
Wrong
Political
New
" What makes us feel pessimistic about the world, ultimately, is the way the media encourage us to believe that our fate hangs on the every move of the promise-breaking, terminally disappointing Teflon liars in Washington. "
Matt Taibbi
Feel
World
Way
" Once you give an NFL player permission to have thoughts, you invite all kinds of mischief. "
Matt Taibbi
Give
Once
You
" 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
Matters
Think
Become
" 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. "
Matt Taibbi
Die
Budget
Debt
" What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them. "
Matt Taibbi
Big
Bubble
Kind
" 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. "
Matt Taibbi
Government
Name
Constitution