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" One of the great cliches of campaign journalism is the notion that American elections have long since ceased to be about issues and ideas. "
Matt Taibbi
American
Long
Journalism
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" 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
" 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
" The threat posed by Bank of America isn't just financial - it's a full-blown assault on the American dream. Where's the incentive to play fair and do well, when what we see rewarded at the highest levels of society is failure, stupidity, incompetence and meanness? If this is what winning in our system looks like, who doesn't want to be a loser? "
Matt Taibbi
Failure
Loser
Winning
" Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an apology. You were right. The players may be a little different, but your basic premise is correct: The world is a rigged game. "
Matt Taibbi
You
Hidden
Hands
" There is a reason it used to be a crime in the Confederate states to teach a slave to read: Literacy is power. "
Matt Taibbi
Reason
Slave
Used
" 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
" In a pure capitalist system, an institution as moronic and corrupt as Bank of America would be swiftly punished by the market - the executives would get to loot their own firms once, then they'd be looking for jobs again. "
Matt Taibbi
Looking
Own
America
" 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
" Contracting corruption has been around since the construction of the Appian Way. "
Matt Taibbi
Way
Construction
Been
" 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
" 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
" 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
" 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
" 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
" Ratings agencies are the glue that ostensibly holds the entire financial industry together. "
Matt Taibbi
Financial
Glue
Together
" 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
" 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
" The average Tea Partier is sincerely against government spending - with the exception of the money spent on them. "
Matt Taibbi
Against
Government
Average
" 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
" Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget. "
Matt Taibbi
Used
Size
Meaning
" 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
" Obviously the commercial news media tries to get you worked up and terrified so you'll buy products that they're advertising. "
Matt Taibbi
Media
News
Products
" 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
" I'm a product of an East Coast liberal arts educational system. "
Matt Taibbi
Liberal
Product
Coast
" Since the end of the Cold War, America has been grasping left and right for an identity. "
Matt Taibbi
Identity
War
Right
" 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
" 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
" 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
" 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
" The NFL, sadly, has a fatal environmental problem: It kills its workers. "
Matt Taibbi
Environmental
Workers
Problem