Matt Taibbi quotes - page 5
The 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 government's seal of approval on that, they'll take it. But if you can't, well, they'll take that too.
Matt Taibbi
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 a pile of assets about 100 times the size of the United States federal budget.
Matt Taibbi
It's come around to that point of view at the end of a long evolutionary process, in which the rule of law has slowly been replaced by giant idiosyncratic bureaucracies that are designed to criminalize failure, poverty, and weakness on the one hand, and to immunize strength, wealth, and success on the other.
Matt Taibbi
By August I was coming to terms with the reality of being alone in nature, essentially left to fend for myself against the horrible things in life. A year later, believing that no life strategy was inherently safer than any other, I'd moved to Russia and then Uzbekistan, where I drank water out of the tap and quickly learned to thrive in the philosophy of Being Fucked.
Matt Taibbi