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Matt Taibbi Quotes


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Quotes by Matt Taibbi

Showing 51-60 of 95 Quotes by Matt Taibbi

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

~Matt Taibbi

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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

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In the years just after 9/11, even being breathed on by a suspected terrorist could land you in extralegal detention for the rest of your life.

~Matt Taibbi

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You know what an effective deterrent to crime is? Jail! And do you know what kind of criminal penalty actually makes people think twice about committing crimes the next time? The kind that actually comes out of some individual's pocket, not fines that come out of the corporate kitty.

~Matt Taibbi

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The individual incentive not to commit crime on Wall Street now is almost zero.

~Matt Taibbi

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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.

~Matt Taibbi

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It's increasingly clear that governments, major corporations, banks, universities and other such bodies view the defense of their secrets as a desperate matter of institutional survival, so much so that the state has gone to extraordinary lengths to punish and/or threaten to punish anyone who so much as tiptoes across the informational line.

~Matt Taibbi

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Obviously, people who commit crimes should be punished. Even people who steal socks and 'Snow White' videos should probably do time if they have priors, especially serious priors. But the punishment has to fit the crime, and the standard has to be the same for everyone.

~Matt Taibbi

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Amendments occupy a great deal of most legislators' time, particularly those lawmakers in the minority. Members of Congress do author major bills, but more commonly they make minor adjustments to the bigger bill.

~Matt Taibbi

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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.

~Matt Taibbi

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Biography

Nationality: American

Type: Author

Born: March 2nd, 1970

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