Tag Archives: Matt Taibbi

flowers in the dirt poor

Economic bubbles are nothing new. It seems that any unchecked enthusiasm in life in whatever sphere eventually gets pulled down by gravity. The bubble, almost universally seems to be maintained by ignoring our own private information and being guided by … Continue reading

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guess who’s coming to dinner

I think we can think of the entire financial system and its offpring: the derivatives market, forex, commodities exchanges, invisible transactions, etc. as one giant haunted house or horrors. Like something out of Kafka’s The Castle; its mysterious, it holds … Continue reading

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voltaire banking on the philosopher kings: wall street shuffle

“He taught us to be free.” Although he was an absolutist, not especially reasonable, and anything but a revolutionary, Voltaire fought absolutism, embodies the Age of Reason, and made the Revolution inevitable. He died at the dawn of the industrial … Continue reading

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those were the days

In The End of Art, Donald Kuspit argues that art is over because it has lost its aesthetic import. Art has been replaced by ‘postart’, a term invented by Alan Kaprow, as a new visual category that elevates the banal … Continue reading

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“I pledge allegiance…”

Are we Rome in decline, a dying society? One may doubt that we have reached that point of dissolution, where in the phrase of Giovanni Battista Vico men “finally go mad and waste their substance.” One may doubt the ultimately … Continue reading

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$$$ from pigale to palace: origins of the hustle

There is always a fascination with the role of the past and how quickly it fades into oblivion. The actors and contexts may change, but there is always an unseen hand, proffering the levers that mechanically set in motion the … Continue reading

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Dix & threepenny opera: an explicit body politic

The classic Bertolt Brecht question was an examination of the inconceivable; two forces in which it was not possible to reconcile: how can people be dignified and ethical under capitalism? The stock market as a Three-Penny Opera. The petty thieving, … Continue reading

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theatre of the union: logos, pathos & a dog called sputnik

Do we call the Obama speech, his state of the union address, a seizing of the Sputnik moment. We have had Minsky moments, but a Sputnik moment? Or is this just another example of those pointy headed white intellectuals lecturing … Continue reading

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ZOMBIE BANKS, BUBBLE BATHS & EPITAPHS

Pretty Boy grabbed a log chain, And the deputy grabbed his gun; In the fight that followed He laid that deputy down. Then he took to the trees and timber To live a life of shame; Every crime in Oklahoma … Continue reading

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PINOCCHIO,PROFITS & PEE WEE: ''another NICE mess''

At the G20 Summit in Toronto last week, the major accomplishment was the agreement on the ”Toronto Consensus”, which proclaimed in light of the Tsunami of fiscal stimulus hosed into a river of existing, and backlogged promises to spend, these … Continue reading

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