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Quote by Matt Taibbi

“The failure to work out sensible budgets makes it impossible for government agencies to make long-term plans, and instead leaves them scrambling to spend money in the short term.”

Quote by Matt Taibbi

Author

Matt Taibbi is an American author known for his critical reporting on the financial industry. His work often exposes corruption and injustice within the financial sector and is widely recognized for his sharp commentary. more

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“The House Rules Committee is perhaps the free world's outstanding bureaucratic abomination - a tiny, airless closet deep in the labyrinth of the Capitol where some of the very meanest people on earth spend their days cleaning democracy like a fish.”

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Book:Smells Like Dead Elephants: Dispatches from a Rotting Empire

Source: Smells Like Dead Elephants: Dispatches from a Rotting Empire

“The moral angle to the foreclosure crisis - and, of course, in capitalism we're not supposed to be concerned with the moral stuff, but let's mention it anyway - shows a culture that is slowly giving in to a futuristic nightmare ideology of computerized greed and unchecked financial violence.”

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Author:Matt Taibbi

“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.”

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“The party in power almost always unapologetically engages in deficit spending, while the other party argues passionately against the evils of debt and deficits.”

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Author:Matt Taibbi

“This idea that you can't be an honest man and a Washington politician is a myth, a crock made up by sellouts and careerist hacks who don't stand for anything and are impatient with people who do. It's possible to do this job with honor and dignity.”

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“To 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.”

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Author:Matt Taibbi

“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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“When a man's willing and eager the god's join in.”

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“What the mortgage bubble was all about was big banks like Goldman Sachs taking big bundles of subprime mortgages that were lent out largely to low-income, highly risky borrowers, and applying this kind of magic-pixie-dust math to these bundles of securities and slapping AAA ratings on them.”

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“What we Americans go through to pick a president is not only crazy and unnecessary but genuinely abusive. Hundreds of millions of dollars are spent in a craven, cynical effort to stir up hatred and anger on both sides.”

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Author:Matt Taibbi