Griftopia : A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History Paperback
by Matt Taibbi
- Format: Paperback
- Pages: 288 pages
- Publisher: Random House USA Inc
- Publication Date: 06/09/2011
- Category: Central government policies
- ISBN: 9780385529969
Showing 1 - 3 of 3 reviews.
Review by mj.greenway
Excellent read of very complicated, convoluted economic & cultural sabotage. Good mangement of political bias to reflect truth and impact.
Review by hugh_ashton
"Pointing at the sun while pissing on your shoes". A phrase from Ian MacDonald's Out On Blue Six to describe misdirection of the populace by the Powers That Be.My feeling is that all Americans, whatever their political persuasion, should read Griftopia. Even if you are going to divide Taibbi's assertions by three, and take a third of what he says as true, there is food for thought here, no matter which way your political compass points. This is not a knee-jerk reaction against "the rich" as such, nor is it a rant against "welfare queens". It also dismisses Rand-ian pseudo-philosophy. What he is trying to do here is to strip away the concept that Democrats are automatically "good" and Republicans are automatically "bad" or the other way round. And the libertarian alternative really is no alternative - what the USA needs is more regulation, not less, of big business.There is sympathy in this book for the legitimate gripes of both the left (such as it is in such a conservative country as the USA) and the right-leaning Tea Party - but what he is trying to do is to educate these groups, and swing their guns in what he sees as the right direction - the Wall Street bankers, and the government that they have bought and paid for.The simple description of how Chicago car-owners have been betrayed by the city government, who sold off the parking meters and revenue from them to an Abu Dhabi-backed consortium through a layer of shell companies, who promptly proceeded to gouge the citizens, would have caused riots and possible revolution if it had been reported in the mass media.As it is, I become more and more convinced that no US administration will ever repeal or change the 2nd Amendment - it's a sop thrown to the American sheeple to give them the illusion that they are free. In all other aspects, they are slaves to a few large parasitic corporations which don't even produce anything of value. "Vampire squid" is a very kind term for them.
Review by BruceCoulson
To paraphrase Will Rogers, Taibbi explains the recent economic meltdown and bailout(s) in terms simple enough even an economist or banker can understand them. Although economists and bankers understand the new rules well enough; it's the rest of us who need to be brought up to speed as to how elite banks legally stole billions of dollars, and are continuing to get away with it.