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‘Democracy Now’: Matt Taibbi’s Still on Wall Street’s Case

Posted on Feb 24, 2011

Good thing for that, too, as the middle and lower classes are clearly still feeling the fallout from Wall Street bandits’ fraudulent scheming. Here, Taibbi names some names and tells Amy Goodman how the architects of our current economic catastrophe got away with their crime ... so far.  —KA

Democracy Now! via Fishbowl LA:


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By Geoph, March 3, 2011 at 5:19 pm Link to this comment
(Unregistered commenter)


Don’t abstain from voting as that is just as bad as voting for bad candidates. Use
your vote as a protest, use it to promote your ideals, use it to give third parties
support and relevence.

“Always vote for principle, though you may vote alone, and you may cherish the
sweetest reflection that your vote is never lost.” - John Quincy Adams

“To make democracy work, we must be a notion of participants, not simply
observers. One who does not vote has no right to complain.” - Louis L’Amour

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By lameduckman, March 1, 2011 at 7:13 pm Link to this comment
(Unregistered commenter)

sooooooooooooo. what do we do next? because i don’t think that the powers that
be are moving too quickly on this one… or at all… is it up to the people? like in
egypt? madison? what can we do?

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mackTN's avatar

By mackTN, March 1, 2011 at 5:10 pm Link to this comment

This is now an open secret.  Whoever doesn’t believe that banks and
corporations got away with a fraud that brought the world’s economy down and
victimized millions of people is simply ignorant or illiterate. 

But what is even more troubling is the cover up.  That these banks would be
given tax dollars to further victimize its victims—essentially to kick them when
they’ve already been kicked down—is outrageous and unacceptable.  The
reason banks foreclosed at mach speed was to “recover assets” before they
could be charged with felony theft.  Those who have hung on to their houses
haven’t made out any better, likely having bought them for more than they can
be sold today.

That President Obama, the person I voted for, could stand by and do and say
nothing is revolting.  I thought his voice would prove the difference between
the left and the right in this country…no, I should say between the Democrats
and Republicans because this is not so much about ideology as it is about
politics. That elected Democrats—except for Bernie Sanders—stay mum about
this echoes their going along vote on the Iraq War.

For the first time in my adult life, I may not be voting in 2012.

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Napolean DoneHisPart's avatar

By Napolean DoneHisPart, March 1, 2011 at 12:49 pm Link to this comment

The status quo continues because of something called ‘continuity of government.’

Please look this up for answers.

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By chelseasbeach, March 1, 2011 at 5:40 am Link to this comment
(Unregistered commenter)

I agree—Taibbi and Hedges appear to be authentic reporters. Too bad there’s not many like them.

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By ocjim, February 28, 2011 at 4:32 pm Link to this comment

Obama and Democrats have let all Republican criminals and all Wall Street criminals go.

Rove, in spite of his criminal past, can still plan dirty tricks and raise millions for other morally-challenged Republicans. Cheney only recently has stopped his right-wing divorce from reality. Bush still brags about the greatness of his torture program.

Indeed, Obama still continues the torture program in other countries and still holds human being in prison without charges.

Standing behind the criminals of the past administration are the Wall Street criminals who still lavish themselves with obscene bonuses and who still plan the next scam.

With the new criminals in the White House and Congress replacing the old the line of corruptions just gets longer.

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Napolean DoneHisPart's avatar

By Napolean DoneHisPart, February 28, 2011 at 2:45 am Link to this comment

“Inside Job” won for best documentary… and the director / writer, when accepting his Oscar, states exactly what Matt says in this interview: not one executive has spent one day in jail for this MOST HIGH CRIME!!!

Off with their heads!

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By TheHandyman, February 27, 2011 at 5:26 pm Link to this comment

As Rodney points out, these people are the money that buys power. It isn’t just the Republiwon’ts. The Dimocan’ts are just as addicted to that money as any family values challenged repug. The proof is that even tho Obama and the Dims in Congress were outraged by the Citizens United decision they did not present any legislation to counter the decision. And the reason is obvious.

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politicky's avatar

By politicky, February 27, 2011 at 1:08 am Link to this comment

And the money that was “lost” is now blowing up bubbles in the
commodities markets and making people go hungry all over the
world.  You think all those protests in South America, North
Africa and the Middle East are all about opression and wanting
freedom?  If that’s what you think you don’t know what it’s like
to be hungry.

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By berniem, February 26, 2011 at 4:23 pm Link to this comment

Really says something about the Obama regime and his parody of a justice dept. that when confronted with evidence of fraud and other crimes by Wall St. and their co-conspirators, we get another dose of “look forward” therapy while the band plays on! Is there an honest person out there who can run against this sham and the neo-fascists in 2012 or are we going to see another exercise in fraud imitating democracy?

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By Rodney, February 25, 2011 at 5:14 pm Link to this comment
(Unregistered commenter)

The reason why the corporate crooks got away with
stealing and gambling away 14 trillion dollars worth
of America’s pensions and savings is because neither
the Bush or Obama administration will prosecute their
campaign donors. The bought and paid for Presidents
and congress need that reelection money. Starting
with Alan Greenspan the CEO of Bear Sterns Leyman
Brothers Bank of America City Group Fannie Mac and
Freddy Mae Wells Fargo and Country Wide, these
people should be arrested jailed held with no bail
with every penny of their and their family assets
frozen and distributed back to the people they stole
and swindled it from. But the payed for government
officials would rather screw the American middle
class and the cities and states who can no longer pay
for their government workers and retirees. The system
we have in place is just as corrupt as any Dictator
in the Middle East. The only difference is that their
corruption is more transparent. We just happen to
vote people already corrupt and payed for by
somebody. Tricky Dick is was saint compared to what
we have now. If you ever want accountability for
financial crimes look else where. It ain’t happening

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By SarcastiCanuck, February 25, 2011 at 4:35 pm Link to this comment
(Unregistered commenter)

Right on Matt,we need more Dragon Slayers like you out there.Sick em bro.This week I picked Libyan Pilots,next week your my Truth Digger of the Week.A high honour indeed…..

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RayLan's avatar

By RayLan, February 25, 2011 at 9:51 am Link to this comment

Matt Taibbi is a fearless progressive journalist - who will not politically filter a single fact, especially about the corporatocracy - I love this guy whose philosophical kinship with other authentic progressives like Chris Hedges makes him a star of the first magnitude in the print media constellation.

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