A Quote by Matt Taibbi

Wall Street has turned the economy into a giant asset-stripping scheme, one whose purpose is to suck the last bits of meat from the carcass of the middle class.

Matt Taibbi

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Asset Bits Class Economy Giant Last Meat Middle Middle Class Purpose Scheme Street Stripping Suck Turned Wall Wall Street Whose

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Matt Taibbi
American - Author
Born: March 2, 1970

Wall Street shouldn't be deregulated. I think Wall Street and Main Street need to play by the same set of rules. The middle-class can't carry the burden any longer, that is what happened in the last decade. They had to bail out Wall Street.

Stephanie Cutter

I do believe that we should substantially lower student debt in this country, which is crushing millions of people. We pay for it, in my view, by a tax on Wall Street speculation. The middle class bailed out Wall Street in their time of need. Now, it is Wall Street's time to help the middle class.

Bernie Sanders

Look at what's happening between Main Street and Wall Street. The stock market index is up 136 percent from the bottom. Middle class jobs lost during the correction: six million. Middle class jobs recovered: one million. So therefore we're up 16 percent on the jobs that were lost. These are only born-again jobs. We don't really have any new jobs, and there's a massive speculative frenzy going on in Wall Street that is disconnected from the real economy.

David Stockman

The CDO was, in effect, a credit laundering service for the residents of Lower Middle Class America. For Wall Street it was a machine that turned lead into gold.

Michael Lewis

Let us wage a moral and political war against the billionaires and corporate leaders, on Wall Street and elsewhere, whose policies and greed are destroying the middle class of America.

Bernie Sanders

When it comes to America's economy, the truth is that Mitt Romney believes that the key to our country's economic future lies in the failed policies of the past, the same ones that put banks before people, Wall Street before Main Street, plunging us into recession and devastating the middle class.

Charlie Gonzalez

The anger from Occupy Wall Street is coming from this simple fact: America no longer seems to be a place where you can work your way up, from rags to riches, from lower class to middle class to upper class.

Meghan McCain

In my first book, 'Ghosts Of Manhattan,' the setting was Wall Street, and I explored the predictable nature of a bond trader inside the compensation scheme at Bear Stearns and the government regulations of Wall Street. That was about money.

Douglas Brunt

A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily.

Ben Bernanke

In five days, you can turn the page on policies that put greed and irresponsibility on Wall Street before the hard work and sacrifice of folks on Main Street. In five days, you can choose policies that invest in our middle class, and create new jobs, and grow this economy, so that everyone has a chance to succeed, not just the CEO, but the secretary and janitor, not just the factory owner, but the men and women on the factory floor.

Barack Obama

The entire political class and ruling Wall Street class are zero-percent-interest zombies who talk about 'deflation' in the value of their second, third, and fourth homes. This is paper-deflation, zombie-deflation, and has nothing to do with the real economy.

Max Keiser

The Fed has got to become a more democratic institution that is responsive to the needs of the middle class, not just Wall Street CEOs.

Bernie Sanders

If you like what Wall Street did for the housing market, you'll love what Wall Street is doing for commodities. Goldman's ability to influence any portion of the price for a key component of the industrial economy is simply unacceptable.

Carl Levin

The last thing you want to do is raise taxes in the middle of the recession because that would just suck up and take more demand out of the economy and put businesses in a further hole.

Barack Obama

What's happening is there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out, so the people who get to use the money first, which is created by the Federal Reserve System, benefit, so the money gravitates to the banks and to Wall Street. That's why you have more billionaires than ever before.

Ron Paul

A thriving middle class is the source of growth in a technological, capitalist economy. Investing in the middle class is the most pro-business thing you can do.

Nick Hanauer

A Quote by Matt Taibbi

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