Over the years, many in the public have become numb to news of financial corruption, partly because too many of these stories involve banker-on-banker crime.
Matt TaibbiHaving lived in a collapsed empire before - I lived in Russia right after the Soviet Union collapsed - you can see a lot of the classic signs of an empire that's on its way out.
Matt TaibbiTo 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 TaibbiThe party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.
Matt Taibbi