Sunday, July 19, 2009
I suspect Matt Taibbi of being many things a Smartass is at the top of the list but this charge of conspiracy theorist is pretty weak.
Matt Taibbi's recent article in RollingStone Magizine, "The Great American Bubble Machine" or how "Goldman Saxs/Suxs" take your pick.
In Rolling Stone Issue 1082-83, Matt Taibbi takes on "the Wall Street Bubble Mafia" — investment bank Goldman Sachs (click here to read the whole story). The piece has generated controversy, with Goldman Sachs firing back that Taibbi's piece is "an hysterical compilation of conspiracy theories" and a spokesman adding, "We reject the assertion that we are inflators of bubbles and profiteers in busts, and we are painfully conscious of the importance in being a force for good." Taibbi shot back: "Goldman has its alumni pushing its views from the pulpit of the U.S. Treasury, the NYSE, the World Bank, and numerous other important posts; it also has former players fronting major TV shows. They have the ear of the president if they want it." Here, now, are excerpts from Matt Taibbi's piece and video of Taibbi exploring the key issues. Keep Reading Here or Click On Graphic.
UPDATE: Glenn Beck Catches Conspiracy Fevah, with visual aids.