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 TaibbiYou know, I used to live in Russia where you had officers in the military opening up the warehouses at night and taking weapons out and putting them into a truck and selling them to foreign powers. That type of stuff doesn't happen in the United States. We still have a very functioning and relatively civil society.
Matt TaibbiIt would be inaccurate to say the Tea Partiers are racists. What they are, in truth, are narcissists.
Matt TaibbiIn 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.
Matt TaibbiObviously the commercial news media tries to get you worked up and terrified so you'll buy products that they're advertising.
Matt TaibbiTo be robbed and betrayed by a fiendish underground conspiracy, or by the earthly agents of Satan, is at least a romantic sort of plight - it suggests at least a grand Hollywood-ready confrontation between good and evil - but to be coldly ripped off over and over again by a bunch of bloodless, second-rate schmoes, schmoes you chose, you elected, is not something anyone will take much pleasure in bragging about.
Matt Taibbi