OWS: Chris Hedges, Rev. Billy and other protesters arrested at Goldman Sachs + Hedges’ statement: A return to the rule of law

Updated: Nov. 10, 2011: added video of the mock trial of Goldman Sachs. Nov. 3, 2011: added videos of the march and arrests.

with Chris Hedges
Featured Writer
Dandelion Salad
Nov. 3, 2011

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Occupy Wall Street: Goldman Sachs Protest Ends in 16 Arrests

By Jessica Firger
Metropolis – blogs.wsj.com
November 3, 2011 Continue reading

Randal Wray: Crisis is Not Behind Us + Matt Taibbi: Nothing stops big banks from ripping off people again

Dandelion Salad

on May 29, 2011

Randal Wray: Banks are bigger than in ’07, are cooking their books to show profits – need regulation and increase in purchasing power and jobs program to avoid bigger crash

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Matt Taibbi’s Griftopia, a Book Review by Guadamour

by Guadamour
Featured Writer
Dandelion Salad
April 11, 2011

Book Review of Griftopia

In 2008 Wall Street feces hit the proverbial fan and sucked out trillions of US taxpayer dollars in rescuing banks criminally responsible for creating the crisis called by some the Great Recession. Griftopia by Matt Taibbi (Spiegel & Grau 2010) connects all the dots and links the key players and their roles in this criminal conspiracy which caused the domestic and international economies to implode.

Taibbi of The Rolling Stone starts slow describing the Bubble Meister, Alan Greenspan’s, connection to the ultra extreme capitalist advocate, the mediocre novelist Ayn Rand. The book delves into the crooked deals by high government officials with close Wall Street connections which determined the winners and loser in the bailout fiasco.

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Why is the Fed Bailing Out Qaddafi? by Matt Taibbi

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by Matt Taibbi
Rolling Stone
April 1, 2011

Barack Obama recently issued an executive order imposing a wave of sanctions against Libya, not only freezing Libyan assets, but barring Americans from having business dealings with Libyan banks.

So raise your hand if you knew that the United States has been extending billions of dollars in aid to Qaddafi and to the Central Bank of Libya, through a Libyan-owned subsidiary bank operating out of Bahrain. And raise your hand if you knew that, just a week or so after Obama’s executive order, the U.S. Treasury Department quietly issued an order exempting this and other Libyan-owned banks to continue operating without sanction.

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Matt Taibbi: Why Isn’t Wall Street in Jail?

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CAPiTALiSM KiLLS

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Democracy Now!
Feb. 22, 2011

“Nobody goes to jail,” writes Matt Taibbi in the new issue of Rolling Stone magazine. “This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world’s wealth.” Taibbi explains how the American people have been defrauded by Wall Street investors and how the financial crisis is connected to the situations in states such as Wisconsin and Ohio.

[…]

MATT TAIBBI: Governor Kasich, yeah, and he was intimately involved with selling—getting the state of Ohio’s pension fund to invest in Lehman Brothers and buy mortgage-backed securities. And of course they lost all that money. And this, broadly, was really what the mortgage bubble and the financial crisis was all about. It was essentially a gigantic criminal fraud scheme where all the banks were taking mismarked mortgage-backed securities, very, very dangerous, toxic subprime loans, they were chopping them up and then packaging them as AAA-rated investments, and then selling them to state pension funds, to insurance companies, to Chinese banks and Dutch banks and Icelandic banks. And, of course, these things were blowing up, and all those funds were going broke. But what they’re doing now is they’re blaming the people who were collecting these pensions—they’re blaming the workers, they’re blaming the firemen, they’re blaming the policemen—whereas, in reality, they were actually the victims of this fraud scheme. And the only reason that people aren’t angrier about this, I think, is because they don’t really understand what happened. If these were car companies that had sold a trillion dollars’ worth of defective cars to the citizens of the United States, there would be riots right now. But these were mortgage-backed securities, it’s complicated, people don’t understand it, and they’re only now, I think, beginning to realize that they were defrauded.

[…]

via Matt Taibbi: “Why Isn’t Wall Street in Jail?”

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Matt Taibbi and David Swanson interviewed by Cindy Sheehan

by Cindy Sheehan
Featured Writer
Dandelion Salad
Cindy Sheehan’s Soapbox Blog
Cindy Sheehan’s Soapbox
December 5, 2010

Now! Click here to listen or download Cindy’s interview with Matt ‘maximum gonzo’ Taibbi and David Swanson, author of War is a Lie, the new blockbuster revelation masterpiece.  The discussion moves on, through the current fake mortgage crisis.  Matt Taibbi has much published material in Rolling Stone, and knows what he’s talking about.  David Swanson is a well established activist with a long history in the peace movement.  He contributes his expert insight here, using his expertise to discuss the lies behind all wars.

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Matt Taibbi on How the Nation’s Biggest Banks Are Ripping Off American Cities with Predatory Deals

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Democracy Now!
April 12, 2010

“Looting Main Street”–Matt Taibbi on How the Nation’s Biggest Banks Are Ripping Off American Cities with Predatory Deals

In a new article in Rolling Stone magazine, journalist Matt Taibbi takes an in-depth look at the experience of one small Alabama town and its disastrous dealings with Wall Street. Taibbi writes, “The destruction of Jefferson County reveals the basic battle plan of these modern barbarians, the way that banks like JP Morgan and Goldman Sachs have systematically set out to pillage towns and cities from Pittsburgh to Athens.”

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Goldman Sucks

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replaced video Dec. 11, 2010

StopFascismdotcom | July 17, 2009

This video is a visualization of Matt Taibbi’s “The Great American Bubble Machine”

It has been cut down slightly to fit the 10 minute time constraints. To read the original article click this link:
http://www.rollingstone.com/politics/…

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Bill Moyers Journal: Matt Taibbi and Robert Kuttner on Healthcare Reform

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Dandelion Salad

Bill Moyers Journal
December 18, 2009

Amidst fading hopes for real reform on issues ranging from high finance to health care, economist Robert Kuttner and journalist Matt Taibbi join Bill Moyers to discuss Wall Street’s power over the federal government.

via Bill Moyers Journal . Watch & Listen | PBS

***

Bill Moyers rebroadcast the first segment of this post:
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Keiser Report №3: Markets! Finance! Scandal!

Dandelion Salad

RussiaToday
December 03, 2009

Keiser Report is a no holds barred look at the shocking scandals behind the global financial headlines. From the collusion between Wall Street and Capitol Hill to the latest banking crime wave, from bogus government economic statistics to rigged stock markets, nothing escapes the eye of Max Keiser, a former stockbroker, inventor of the virtual specialist technology and co-founder of the Hollywood Stock Exchange. With the help of Keiser’s co-host, Stacy Herbert, and guests from around the world, Keiser Report tells you what is really going on in the global economy.

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Memo to Michael Moore and Matt Taibbi: Capitalism Rules, Like it or Not by Robert S. Becker

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By Robert S. Becker
Featured Writer
Dandelion Salad
www.beyondchron.org
rbecker@cal.net
Oct. 27, 2009

It’s hard not to like Michael Moore, our nation’s inspired, activist jester. What other unshaven, baseball-hatted, whistle-blowing filmmaker-entertainer elevates liberal consciousness while performing as media darling? What other bear-like, working class mensch amasses great wealth (but not arrogance) by mocking predatory industry and slavish governments? Likewise, admirable Matt Taibbi of Rolling Stone leverages his brash, rebellious voice as journalist-watchdog, a knight errant who punctures the painful boils of today’s diseased capitalism.

Even more astounding is how Moore and journalists now “frame” much of the left-wing critique of systemic failures. In great part, sustained prominence reflects far more financial independence from corporate octopi than mass media satirists Jon Stewart or GE-NBC employees Keith Olbermann.

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Health Care Reform: Sick and Wrong by Matt Taibbi

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by Matt Taibbi
Rolling Stone
Sept 03, 2009 11:33 AM

How Washington is screwing up health care reform – and why it may take a revolt to fix it

Watch Matt Taibbi break down his report on the sad state of health care reform in his blog, Taibblog.

Let’s start with the obvious: America has not only the worst but the dumbest health care system in the developed world. It’s become a black leprosy eating away at the American experiment — a bureaucracy so insipid and mean and illogical that even our darkest criminal minds wouldn’t be equal to dreaming it up on purpose.

The system doesn’t work for anyone. It cheats patients and leaves them to die, denies insurance to 47 million Americans, forces hospitals to spend billions haggling over claims, and systematically bleeds and harasses doctors with the specter of catastrophic litigation. Even as a mechanism for delivering bonuses to insurance-company fat cats, it’s a miserable failure: Greedy insurance bosses who spent a generation denying preventive care to patients now see their profits sapped by millions of customers who enter the system only when they’re sick with incurably expensive illnesses.

[…]

via Sick and Wrong : Rolling Stone

h/t: Dr. Connie

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Will Obama Split the Democratic Party in Two? By Timothy V. Gatto

Ever wonder what’s happening to words once they fall into the hands of corporate and government propagandists? by Ralph Nader

Rachel Maddow: No We Can’t! with Matt Taibbi

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MoxNewsDotCom
August 17, 2009

http://MOXNews.com/
August 17, 2009 MSNBC Rachel Maddow

Vodpod videos no longer available.

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As Goldman Sachs Posts Record Profits, Matt Taibbi Probes Role of Investment Giant

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Democracy Now!
July 15, 2009

As Goldman Sachs Posts Record Profits, Matt Taibbi Probes Role of Investment Giant in US Financial Meltdown

Goldman Sachs, the nation’s most powerful financial company, has reported the richest quarterly profit in its 140-year history: $3.44 billion between April and June. Goldman’s record profits come just one month after it repaid $10 billion of TARP money to the US Treasury, freeing itself from restrictions on year-end bonuses. We speak to Matt Taibbi, whose new Rolling Stone article argues that “Goldman Sachs has engineered every major market manipulation since the Great Depression.” [includes rush transcript]

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Matt Taibbi, Contributing editor for Rolling Stone Magazine. His latest article is The Great American Bubble Machine.

via As Goldman Sachs Posts Record Profits, Matt Taibbi Probes Role of Investment Giant in US Financial Meltdown

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American Economy: The Eye of the Storm by Josh Sidman

There is no economy left to recover By Paul Craig Roberts

Crystal Ball Gazing – The Future Is Deflation By Mike Whitney

The Economy Sucks and or Collapse 2

The Big Takeover by Matt Taibbi

Dandelion Salad

The global economic crisis isn’t about money – it’s about power. How Wall Street insiders are using the bailout to stage a revolution

by Matt Taibbi

Mar 19, 2009 12:49 PM

It’s over — we’re officially, royally fucked. no empire can survive being rendered a permanent laughingstock, which is what happened as of a few weeks ago, when the buffoons who have been running things in this country finally went one step too far. It happened when Treasury Secretary Timothy Geithner was forced to admit that he was once again going to have to stuff billions of taxpayer dollars into a dying insurance giant called AIG, itself a profound symbol of our national decline — a corporation that got rich insuring the concrete and steel of American industry in the country’s heyday, only to destroy itself chasing phantom fortunes at the Wall Street card tables, like a dissolute nobleman gambling away the family estate in the waning days of the British Empire.

[…]

via The Big Takeover: Rolling Stone

h/t: CLG

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Exclusive: Derivatives for Dummies by The Other Katherine Harris

US Federal Reserve announces massive increase in government debt + US prints more money

As Economy Reels, Tariq Ali Calls for “Reimagining Socialism”

Was the Bailout Itself a Scam? By Paul Craig Roberts

The Real AIG Conspiracy by Prof. Michael Hudson

Preparing for Civil Unrest in America by Michel Chossudovsky + H.R. 645

The Economy Sucks and or Collapse 2