I picked this up today via the always excellent Glenn Greenwald
Anyone who's seen Matt Taibbi on Bill Maher's show, knows the guy takes no prisoners, but with an placid left wing unable to match forces with the sheer volume of bullshit on the right, it's refreshing to see genuine anger and disdain for right wing racists disguising as intellectuals.
here's my favorite:
Oh, come on. Tell me you're not ashamed to put this gigantic international financial Krakatoa at the feet of a bunch of poor black people who missed their mortgage payments. The CDS market, this market for credit default swaps that was created in 2000 by Phil Gramm's Commodities Future Modernization Act, this is now a $62 trillion market, up from $900 billion in 2000. That's like five times the size of the holdings in the NYSE. And it's all speculation by Wall Street traders. It's a classic bubble/Ponzi scheme. The effort of people like you to pin this whole thing on minorities, when in fact this whole thing has been caused by greedy traders dealing in unregulated markets, is despicable.
It's about time! The right wing defines Wright as a racist - and the left acquiesces. The right wing defines ACORN as criminals - with barely a peep from the left. The right wing decides that Obama pals around with terrorists, and we don't have the balls to say that Ayers is a better man than most of the folks teeing off on him!
Thank you Matt taibbi!