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
Image by Phillip Stearns via Flickr
Occupy Wall Street: Goldman Sachs Protest Ends in 16 Arrests
By Jessica Firger
Metropolis – blogs.wsj.com
November 3, 2011 Continue reading
TheRealNews 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
https://dandelionsalad.wordpress.com/
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.
https://dandelionsalad.wordpress.com/
Image by Metro Centric via Flickr
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.
[…]
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.
https://dandelionsalad.wordpress.com/
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.”
https://dandelionsalad.wordpress.com/
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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/…
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.
***
Bill Moyers rebroadcast the first segment of this post:
Continue reading
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.
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.
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
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.
[…]
h/t: Dr. Connie
see
Will Obama Split the Democratic Party in Two? By Timothy V. Gatto
MoxNewsDotCom
August 17, 2009
http://MOXNews.com/
August 17, 2009 MSNBC Rachel Maddow
Vodpod videos no longer available.
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]
Guest:
Matt Taibbi, Contributing editor for Rolling Stone Magazine. His latest article is The Great American Bubble Machine.
see
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 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.
[…]
h/t: CLG
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see
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
May 12, 2008
MSNBC Morning Joe
Vodpod videos no longer available. from www.youtube.com posted with vodpod
.
see
Obama agrees with McCain on Palestine-Israel, so neither of them are all that Maverick…
McCain’s Pastor Problem: The Video By David Corn
Pastor Hagee Blames Homosexuals For Katrina! AGAIN!
The All-White Elephant in the Room + Hagee compares Roman Church to Hitler
Dandelion Salad 