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" Like wars, forest fires and bad marriages, really stupid laws are much easier to begin than they are to end. "
Matt Taibbi
Like
End
Laws
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" 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. "
Matt Taibbi
Legal
Street
System
" Obviously, people who commit crimes should be punished. Even people who steal socks and 'Snow White' videos should probably do time if they have priors, especially serious priors. But the punishment has to fit the crime, and the standard has to be the same for everyone. "
Matt Taibbi
People
White
Same
" 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
" 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
" 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. "
Matt Taibbi
Need
Know
Try
" The print magazine and print journalism industry is obviously in a great deal of trouble, and one of the things that happened when this business started to give way to the Internet and to broadcast television is that a lot of organizations started cutting specifically investigative journalism and they also started cutting fact-checkers. "
Matt Taibbi
Internet
Journalism
Business
" The one thing that I do is take really complicated systems and subjects and make them accessible to regular people. "
Matt Taibbi
People
One Thing
Complicated
" Ratings agencies are the glue that ostensibly holds the entire financial industry together. "
Matt Taibbi
Financial
Glue
Together
" 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
" 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. "
Matt Taibbi
Situation
Money
Back
" Contracting corruption has been around since the construction of the Appian Way. "
Matt Taibbi
Way
Construction
Been
" The individual incentive not to commit crime on Wall Street now is almost zero. "
Matt Taibbi
Street
Crime
Individual
" 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. "
Matt Taibbi
Man
Political
American
" 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
" 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
" 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. "
Matt Taibbi
Man
People
Honor
" Private equity firms aren't necessarily evil by definition. There are many stories of successful turnarounds fueled by private equity, often involving multiple floundering businesses that are rolled into a single entity, eliminating duplicative overhead. "
Matt Taibbi
Successful
Many
Single
" 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
" 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. "
Matt Taibbi
Class
Ugly
Result
" 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
" We love wealth, and we hate poor people. I know people who work in TV news who have actually been told to do stand-ups rather than put interviews with poor people on the air. We physically don't want to look at them. "
Matt Taibbi
Look
Know
People
" 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
" 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
" I think that if you're a thinking person you should always be trying to learn something new. "
Matt Taibbi
You
Thinking
Think
" Mike Huckabee represents something that is either tremendously encouraging or deeply disturbing, depending on your point of view: a marriage of Christian fundamentalism with economic populism. "
Matt Taibbi
Point Of View
View
Christian
" I actually never thought that Barack Obama was anything but a typical Democratic party politician, which to me meant that he was probably in bed with Wall Street. "
Matt Taibbi
Me
Party
Street
" Democracy doesn't require a whole lot of work of its citizens, but it requires some: It requires taking a good look outside once in a while, and considering the bad news and what it might mean, and making the occasional tough choice, and soberly taking stock of what your real interests are. "
Matt Taibbi
Choice
Democracy
Good
" 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. "
Matt Taibbi
Friends
People
Never
" 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. "
Matt Taibbi
Great
Financial
Small