Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America Audiobook (Free)

The dramatic story behind one of the most audacious power grab in American history

The financial meltdown that exploded in 2008 isn’t past but prologue. The beautiful rise, fall, and save of Wall Street in the bubble-and-bailout period was the coming-out party for the network of looters who sit down at the nexus of American politics and economic power. The grifter class-made up of the biggest players in the monetary industry and the politicians who perform their bidding-has been developing in power for any about Griftopia: Bubble Machines, Vampire Squids, as well as the Very long Con THAT’S Breaking America era, transferring wealth upward through increasingly complicated financial mechanisms and politics maneuvers. The problems was only one terrifying manifestation of how they’ve hijacked America’s politics and economic existence.

Rolling Stone’s Matt Taibbi right here unravels the whole fiendish story, digging beyond the headlines to get into the deeper origins and wider implications of the rise of the grifters. He traces the movement’s roots to the cult of Ayn Rand and her most influential-and probably weirdest-acolyte, Alan Greenspan, and will be offering fresh reporting within the backroom offers that made a decision the winners and losers in the government bailouts. He uncovers the concealed goods bubble that transferred vast amounts of dollars to Wall Street while creating food shortages around the world, and he shows how fund dominates politics, from your story of expenditure bankers auctioning off America’s facilities to an internal account of the high-stakes battle for health-care reform-a fight the real reformers dropped. Finally, he tells the storyplot of Goldman Sachs, the “vampire squid covered around the face of humanity.”

Taibbi has mixed deep resources, trailblazing reportage, and provocative analysis to create probably the most lucid, psychologically galvanizing, and scathingly funny account yet written of the ongoing political and financial crisis in America. That is important reading for anybody who wants to understand the labyrinthine internal workings of politics and finance within this country, as well as the profound consequences for us all.