The only reason investors haven't run screaming from an obviously corrupt financial marketplace is because the government has gone to such extraordinary lengths to sell the narrative that the problems of 2008 have been fixed.
Matt TaibbiThe mistake our politicians so often make with these industry leaders is in thinking they are interested in, or respectful of, the power of government. All they want is to keep stealing. If you can offer them the governmentโs seal of approval on that, theyโll take it. But if you canโt, well, theyโll take that too.
Matt TaibbiAn unregulated derivatives market essentially gives Wall Street a way to place hidden taxes on everything in the world.
Matt TaibbiGeorge Bush and John Ashcroft were religious in a scary way, but the rational among us could always take heart that, deep down, the Bush administration was more cynical than messianic.
Matt Taibbi