Matt Taibbi
@mtaibbi
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Author of INSANE CLOWN PRESIDENT, I CAN’T BREATHE, SPANKING THE DONKEY, and SMELLS LIKE DEAD ELEPHANTS
New Jersey, USA
Joined May 2009
There is not much a person can say to a member of Congress hiding behind the speech and debate clause of the Constitution. I can however respond to a member arrogant enough to repeat defamatory claims on social media. See below for the $10 million libel lawsuit filed today.
After this, Republicans gave Matt Taibbi time to defend himself. It’s telling that he didn’t.
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Explosive New CIA Report Details Russiagate Fraud. Trump administration investigation affirms earlier reports by Racket and Public about use of "cooked" intelligence to launch the Russiagate frenzy.
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America This Week: Live From Sun Valley. A recording from a recent ATW Live event in Idaho.
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No, lol, in the Soviet Union stealing was rampant at all levels of society, and bribery/corruption, as in all systems.
@putxiwhipped3 @mtaibbi Do financial crimes not happen in any other economic system?.
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Most of the Wall Street schemes I covered were scale versions of street cons. When mortgage originators sold securities with faked income levels, that was the old pig-in-a-poke scam. Unless you think “The Sting” is a comment on capitalism, not really about ideology….
@mtaibbi Financial crimes….under capitalism.
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Griftopia is a book about financial crimes - some very clever ones, in fact. It’s neither an indictment nor an endorsement of capitalism, and just describes various fraud schemes. But what do I know, I only wrote it….
@mtaibbi Matt, you should educate yourself by doing the reading. I recommend a book called “ Griftopia” oh wait, a second….
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It’s in the DSA platform:
@mtaibbi Who is talking about abolishing capitalism besides people making hyperbolic statements?.
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I did rail against financial elites, but obviously you didn’t read closely, because the chief complaint of my sources (all other Wall Street players) was that banks like Goldman, Sachs were engaged in anticompetitive practices. The issue was corruption, not capitalism.
@mtaibbi You didn't rail against the financial elites? Must've been someone else I was reading. Oh well, I get forgetful as I get older.
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If the DSA is “hardly anticapitalist” in practice, why does it put “abolition of capitalism” in its platform?.
@mtaibbi Who cares about the platform when it bears no relation to actual conduct/votes/policies? Name a single DSA person elected to national office who has upheld that platform. DSA is hardly anticapitalist or even anti-imperialist in practice. It's a Dem feeder org w/some mutual aid.
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No, I’m just not in favor of abolishing capitalism. I never was.
@mtaibbi You used to be someone who railed against the financial elites. Now you rail against the elites critics. Pathetic.
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So the DSA platform doesn’t seek the abolition of capitalism and nationalization of industry? Or is that not radical?
@mtaibbi Why this stupid attempt to make DSA look far more radical than it is?.
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Listen to This Article: A Pause to Chuckle at the Democrats' Tortured Mamdani Wigout.The victory of Zohran Mamdani in the New York mayoral primary swiftly moved Democrats to Denial, Anger, Bargaining, and Depression, but not Acceptance.
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We’ve never done any kind of survey. Anecdotally, it seems like a lot of Racket readers are people who feel politically homeless. One thing I do notice is that when people fail at defining me as a right-winger, they move on to making generalizations about my readers.
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For people asking the difference between Bernie Sanders and Zohran Mamdani, I don’t recall Bernie talking about “seizing the means of production.”.
Mamdani smiles like a crocodile as he says his end goal is to elect more socialists and seize the means of production. Democrats have become the party of the Luigi Left, Tesla Terrorism, and Crocodile Communists.
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If “I’m not a socialist” now means being right-wing and a sellout, I’m not the one who’s changed, folks.
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I don’t want to be any of those places — I’m an American and believe our system has unique characteristics we should be proud of and protect, first among them being political freedom.
@mtaibbi What’s your view on European social democracy or China, or even Japan? I don’t think Zohran Mamadani’s ideas would surprise anyone in Europe or Japan.
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Well, we know how that turned out, don’t we? It’s an eventuality to be avoided, no?.
@mtaibbi What insight does it give you if you compare now to Russia just before 1905?.
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Bernie’s idea of reform was the New Deal. I spent a lot of time around him and never once heard him propose anything I would consider radical, not even in private. This guy is the real thing. But even he scares me less than the number of people who think his ideas make sense.
@mtaibbi You wrote more gushing articles about Bernie Sanders than any other politician. Why can’t you ever admit you’re changing your views?.
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I assumed institutional America would always teach the downside enough so that the basic ideas would never become mainstream. Now America’s in terrible economic shape and its intellectual class is so brainless that it’s encouraging kids in that direction.
@mtaibbi I'm amused that you never thought you'd see it here, because the entirety of the US leftist machine is literally engineered to try and bring it here. Were you honestly blind to their desired end state?.
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Again, I was never a fan of socialism. I lived in the last years of Soviet rule and spent a decade listening to horror stories about planned economics, nationalized industry, etc. The only thing new is shock at these ideas being taken seriously here. Never thought I’d see it….
@mtaibbi Why is talk about trying to close just a little the biggest gap between rich and poor in history so offensive to you? I think people who say "You've changed" really mean "You sound old". @walterkirn and you: just a couple of well-off grumpy old men scared and angry about change.
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One thing I reported on was the transformation of the Democratic Party toward wealthy, college-educated districts, where goofiest woke ideas flourish and Zohran did best. If you don’t think taxing “whiter neighborhoods” is woke politics, not sure what to tell you.
@mtaibbi He garnered success by addressing wealth inequality/cost of living. Isn't a large proportion of your (past) reporting concerned w/ similar topics? You've been complaining about "woke" for awhile -- Zohran almost never brings up identity politics. Maybe that's why you're worried.
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