If anything, the bailouts actually hindered lending, as banks became more like house pets that grow fat and lazy on two guaranteed meals a day than wild animals that have to go out into the jungle and hunt for opportunities in order to eat.
Matt TaibbiIt'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 TaibbiThere is a reason it used to be a crime in the Confederate states to teach a slave to read: Literacy is power.
Matt TaibbiAmerica is a country that has been skating for ages on its unparalleled ability to look marvelous on the outside.
Matt Taibbi