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" Creating legislation is a tough process. But watering down legislation? Strangling it with lawsuits and comment letters and blue-ribbon committees? Not so tough, it turns out. "

Matt Taibbi

Letters

Down

Tough

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" 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. "

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" At root, the Tea Party is nothing more than a them-versus-us thing. "

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" Criminal justice, as it pertains to the Goldmans and Morgan Stanleys of the world, is not adversarial combat, with cops and crooks duking it out in interrogation rooms and courthouses. Instead, it's a cocktail party between friends and colleagues who from month to month and year to year are constantly switching sides and trading hats. "

" Capitalism is a system for determining objective value. "

" Within the cult of Wall Street that forged Mitt Romney, making money justifies any behavior, no matter how venal. "

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