taibbi

Ireland (finally) jails three bankers for role in 2008 crisis

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The three senior bankers who were sentenced on Friday are among the first to go to jail for illegal actions that contributed to the global economic crisis of 2008, which triggered waves of global instability, which contributed to the ongoing refugee crises and wars, mass unemployment, crippling austerity, the near-collapse of the Eurozone, Brexit, and soaring inequality. Read the rest

What the Pentagon learned from Muhammad Ali

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Matt Taibbi takes to Rolling Stone to tell us about the lessons that the US military learned from the powerful bruising it received from Muhummad Ali's refusal to fight in Vietnam: namely, that America should fight its wars with all-volunteer armies whose ranks were disproportionately drawn from the poor and desperate, which dissipated the political pressure that arose from drafting the rich, the powerful and the famous to fight. Read the rest

To understand Trump, read Transmet

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Warren Ellis and Darick Robertson's Transmetropolitan is nearly 20 years old, and the science fiction story of a journalist who wages truth-war on scumbag politicians 200 years from now could not be more relevant than it is today. Read the rest

Trump is the likable buffoon that GW Bush prepared us for

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Matt Taibbi's Rolling Stone cover-story on Trump was astounding, and the hits keep on coming. Read the rest

The best piece about Donald Trump published this election cycle

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Matt Taibbi is one of our decade's best observers of corruption and abuses of power, combining careful research with flamboyant, HS Thompson-esque verbal pyrotechnics, an absolute gift for coinages (Goldman Sachs will never fully shed his description of the firm as "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money"), matched by real insight into the American political psyche. Read the rest

Eviction epidemic: the racialized, weaponized homes of America's cities

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Americans are being evicted from their homes at record levels, and the evictees are disproportionately single mothers of color. Read the rest

Keep your scythe, the real green future is high-tech, democratic, and radical

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"Radical ecology" has come to mean a kind of left-wing back-to-the-landism that throws off consumer culture and mass production for a pastoral low-tech lifestyle. But as the brilliant science journalist and Marxist Leigh Phillips writes in Austerity Ecology & the Collapse-Porn Addicts: A Defence Of Growth, Progress, Industry And Stuff, if the left has a future, it has to reclaim its Promethean commitment to elevating every human being to a condition of luxurious, material abundance and leisure through technological progress.

Donald Trump does politics like US TV, which is why he's so popular

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Matt Taibbi is on fire as ever in Rolling Stone, analyzing the weird relationship between Donald Trump and the media: he does politics in just the way that cable news reports on it: disjointedly, without empathy or nuance or complexity. Unlike polished American politicos, Donald Trump is a TV watcher, and he knows how to speak to his people. Read the rest

Multi-generational cruelty: America's prisons shutting down kids' visitations

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The history of American prison visitations are a mix of racism ("black men, denied sex, will riot in jail") and compassion -- especially the late 1960s' ground-breaking, multi-day family visitation programs that allowed prisoners to play and live with their children for a whole weekend a few times every year. Read the rest

Pandering to the lizard brain: American media versus objective reality

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Matt Taibbi, in typical blazing form in the Rolling Stone, asks how it can be that millions of Americans believe Donald Trump's fairy-tale about Muslims cheering after 9/11 when it just didn't happen. Read the rest

The more unequal your society is, the more your laws will favor the rich

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Political scientists and economists who've undertaken peer-reviewed research into policy outcomes have concluded that all over the world, and at every level of government, wealth inequality is correlated with corrupt policy-making in which politicians create laws and regulations that favor the rich at the expense of the wider public. Read the rest

Eric Holder: I didn't prosecute bankers for reasons unrelated to my $3M/year law firm salary

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The Intercept's Dan Froomkin played turd-in-the-punchbowl at outgoing Attorney General Eric Holder's victory lap party at the Reporters Committee for Freedom of the Press reception on Wednesday, asking why Holder had declined to put one single banker in jail for the monumental frauds that collapsed the world's economy in 2007-9. Read the rest

The hockey-stick from hell: US incarceration per 100,000 people, 1890-today

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Vox parsed out the Bureau of Justice Statistics' numbers on incarceration in prisons (excluding jails) and produced this ghastly visualization tracking the transformaiton of America into the country with the highest rate of incarceration in the history of the world. Read the rest

DoJ says it will consider jailing executives who order corporate crimes

The doctrine under former AG Eric Holder (documented in Matt Taibbi's brilliant The Divide) was to allow executives to pay fines that were less than the profits from their crimes. Read the rest

Baltimore's police brutality is just the beginning

Matt Taibbi writes that the recent blow-up is about much more than the killing of Freddie Gray. Beyond that murder, there is a complex legal infrastructure that encourages — and covers up — police violence.
Most Americans have never experienced this kind of policing. They haven't had to stare down the barrel of a service revolver drawn for no reason at a routine stop. They haven't had their wife and kids put on an ice-cold sidewalk curb while cops ran their license plate. They haven't ever been told to get the fuck back in their car right now, been accused of having too prominent a "bulge," had their dog shot and their kids handcuffed near its body during a wrong-door raid, watched their seven-year-old dragged to jail for sitting on a dirt bike, or dealt with any of a thousand other positively crazy things nonwhite America has come to expect from an interaction with law enforcement. "It's everywhere," says Christen Brown, who as a 24-year-old city parks employee was allegedly roughed up and arrested just for filming police in a parking lot. "You can be somewhere minding your business and they will find their best way to fuck with you, point blank. It's blatant disrespect."

Photo: A demonstrator raises his arms as he faces law enforcement officers near Baltimore Police Department Western District during a protest against the death of Freddie Gray in police custody, in Baltimore April 25, 2015. Thousands of people marched peacefully through downtown Baltimore on Saturday to protest the unexplained death of the 25-year-old black man in police custody but pockets of violence erupted when a small group smashed windows and threw bottles at officers.

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David Graeber's The Utopia of Rules: On Technology, Stupidity, and the Secret Joys of Bureaucracy

Anarchist anthropologist David Graeber follows up his magesterial Debt: The First 5000 Years with a slim, sprightly, acerbic attack on capitalism's love affair with bureaucracy, asking why the post-Soviet world has more paperwork, phone-trees and red-tape than ever, and why the Right are the only people who seem to notice or care.

Eric Holder: creator of the "Too Big to Jail" bankster

While you contemplate Eric Holder's track record of surveilling, intimidating and indicting journalists, remember that he also invented the Too Big to Jail doctrine, the failed idea that the answer to breathtaking criminal activity by gigantic banks is big fines, not criminal prosecutions. Read the rest

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