Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect… — Matt Taibbi Copy Share Image
The national debt is totally unlike a family budget for about a gazillion reasons, not the least of which being that families cannot raise money by fiat or deflate the size of their debt unilaterally and that family members die… — Matt Taibbi Copy Share Image
The Congressional Record will forever show that [Obamacare] was passed in a romper room of overgrown children seemingly barely old enough to keep from… — Matt Taibbi Copy Share Image
Sniper is a movie whose politics are so ludicrous and idiotic that under normal circumstances it would be beneath criticism. The only thing that… — Matt Taibbi Copy Share Image
I get the cynicism thing all the time, although I don't really know where that comes from, because I think I'm actually the opposite… — Matt Taibbi Copy Share Image
It'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… — Matt Taibbi Copy Share Image
To be robbed and betrayed by a fiendish underground conspiracy, or by the earthly agents of Satan, is at least a romantic sort of… — Matt Taibbi Copy Share Image
'Nobody goes to jail.' This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall… — Matt Taibbi Copy Share Image
The basic scam in the Internet age is pretty easy even for the financially illiterate to grasp. It was as if banks like Goldman… — Matt Taibbi Copy Share Image
For the broadcast business to be successful, viewers need to be not merely interested in our political melodramas, they have to be in an… — Matt Taibbi Copy Share Image
It's not a stretch to say the whole financial industry revolves around the compass point of the absolutely safe AAA rating. But the financial… — Matt Taibbi Copy Share Image
You know what an effective deterrent to crime is? Jail! And do you know what kind of criminal penalty actually makes people think twice… — Matt Taibbi Copy Share Image
Conspiracy theorists of the world, believers in the hidden hands of the Rothschilds and the Masons and the Illuminati, we skeptics owe you an… — Matt Taibbi Copy Share Image
Like wars, forest fires and bad marriages, really stupid laws are much easier to begin than they are to end. — Matt Taibbi Copy Share Image
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