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 TaibbiWithin the cult of Wall Street that forged Mitt Romney, making money justifies any behavior, no matter how venal.
Matt TaibbiYou 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 TaibbiThe joy of being a consumer is that it doesnt 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 TaibbiYou can have somebody living next door to you and you can live in a completely different world from that person, which is definitely something we've never experienced before. So I think just because of the media landscape and the way we get our information now, we're more atomized and isolated from each other than ever before.
Matt Taibbi