“Back when America was still a feared international bully that was flush with borrowed Saudi and Chinese cash and could stand to blow a few hundred extra billion in public funds every year on budget-padding deals — back in the Bush years — John Boehner was the perfect candidate for congressional leadership, a lifetime company man who didn’t give a shit about most Americans but could shed tears on national television on behalf of Jamie Dimon’s (CEO of JP Morgan) bottom line.”

“Things are different now. America is so broke, there’s no longer really any money in the Treasury to give away — the job of overseeing corporate handouts that used to belong to the leaders of Congress has now moved to the Federal Reserve, which itself is so broke that it has to invent dollars out of thin air before it can give them away to influential billionaires. This leaves congressional leaders with nothing to do but their ostensible jobs — i.e., fixing the country’s actual problems — and few of the current leaders have any experience with that, Boehner being a prime example. The new speaker represents an increasingly endangered class of Beltway jobholders who know how to raise money and get elected, but not much beyond that. He now finds himself the party’s last line of defense against millions of angry voters who, for the first time in recent memory, are at least attempting to watch what Congress is up to.”

Matt Taibbi on John Boehner (Rolling Stone)

I started reading Rolling Stone back in the late ’60’s. I remember it as a different magazine. Or maybe I was just different (sure bet). I loved the pieces by Hunter S. Thompson. I had never read any reporting like that.

I recently subscribed to Rolling Stone, for one reason: Matt Tiabbi. I’ve been following his stuff or a few years now. I trust him and believe his reporting. I remember how disappointed I was when he called out the Obama administration for bringing in a batch of Wall Street crooks. But I didn’t doubt the accuracy of his reporting (or his outrage).

I’ve been trying to wrap my mind around the Tea Party movement (without subjecting myself to being in their presence). Here’s some excerpts from Mr. Taibbi’s piece in the October Rolling Stone: Continue reading →

“It’s weird enough living in a country where a man can legally own an arsenal of machine guns, but his neighbor growing a pot plant will send a team of DEA agents kicking his door in with a no-knock warrant. But this goes even beyond that. If I go online today to HaveNoLifeAndBetOnSports.com and bet fifty dollars on the Bucks against the Celtics tonight, I’m a criminal. But some gazillionaire firm in New York can legally bet against the United States of America in unlimited amounts in a trade that has nothing to do with anything, but a guess about how many other people will make the same bet.”

“I think we ought to get it over with once and for all and ask all the people who are interested in banning words to get together and form their inevitable committee on word propriety. I think it would be a great thing if we could just get the list together ahead of time, along with what the committee feels the appropriate sanction is for each word. “Ho” we know is a fireable word, as is “niggardly,” but what about “snapper”? How about “curry muncher”? What is the appropriate punishment for a “What’s wrong, do you have sand in your vagina?” joke? I mean there are so many unknowns right now, nobody knows where he or she stands.”