Book Review: Griftopia - Why the Banks Failed Us

Here’s my book review of Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History by Matt Taibbi.

Griftopia by Matt Taibbi (Spiegel & Grau)

It’s a fascinating, ultra-hip, and more or less comprehensible explanation of the financial bubble burst of 2008. It’s a disturbing investigative report. But let’s get real. We need to understand this stuff if we ever want to think and act like responsible adults instead of brain-dead, wage-slave entertainment addicts.

Matt Taibbi,investigative reporter and man of the people (The Lavin Agency)



Did you know that parking meters in Chicago are now owned by offshore investors? And that other big chunks of our municipal- and state-owned infrastructure, like parks, are being auctioned or leased to foreign interests? All because our government budgets are imploding and your friendly investment bankers have the fix -- just sell off the US of A in pieces while they take fat commissions on the deals.

Facebook post about the One Percent (GraphicaArtis)

If only chronically curious journalist Matt Taibbi were some crack-head scribbler who made all this stuff up to sell books.

Sen. Elizabeth Warren, economist by training, targets grifters (HuffPost)

If it weren’t the shameful truth, it would make a very funny movie.

Also by Matt Taibbi (Spiegel & Grau)

Gerald Everett Jones is author of Bonfire of the Vanderbilts and host of the GetPublished! Radio show.

Listen to the podcast of this review:

 

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