American - Author | March 2, 1970 -
I'm a product of an East Coast liberal arts educational system.
Matt Taibbi
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I mean, people who say that the Tea Party isn't a grassroots movement, I think, are incorrect. I think in some respects, it is a grassroots movement.
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At root, the Tea Party is nothing more than a them-versus-us thing.
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In the Tea Party narrative, victory at the polls means a new American revolution, one that will 'take our country back' from everyone they disapprove of. But what they don't realize is, there's a catch: This is America, and we have an entrenched oligarchical system in place that insulates us all from any meaningful political change.
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Wall Street has turned the economy into a giant asset-stripping scheme, one whose purpose is to suck the last bits of meat from the carcass of the middle class.
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By incentivizing Wall Street players to sniff out inefficient or corrupt companies and bet against them, short-selling acts as a sort of policing system; legal short-sellers have been instrumental in helping expose firms like Enron and WorldCom.
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The print magazine and print journalism industry is obviously in a great deal of trouble, and one of the things that happened when this business started to give way to the Internet and to broadcast television is that a lot of organizations started cutting specifically investigative journalism and they also started cutting fact-checkers.
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I try to be outraged by things that other people are just very accepting of, as though they're normal and can't be changed. A lot of what I write about is, 'Hey, you know, this stuff is really awful, and it doesn't need to be, and that's why it's so offensive.' Things should be better.
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America's always had a real passion for lunatic movements. That's one of the things we're probably known for around the world, I would imagine.
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Obviously the commercial news media tries to get you worked up and terrified so you'll buy products that they're advertising.
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I actually never thought that Barack Obama was anything but a typical Democratic party politician, which to me meant that he was probably in bed with Wall Street.
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If the law doesn't apply equally to everybody, then you don't really have a system of law.
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