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Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America Highlight

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The reason these lease deals happen is the same reason the investment banks made bad investments in mortgage-backed crap that was sure to blow up later, but provided big bonuses today—because the politicians making these deals, the Rendells and Daleys, are going to be long gone into retirement by the time the real bill comes due. Welcome to life in the Grifter Archipelago.

— Matt Taibbi

Replicated under Fair Use from Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America by Matt Taibbi.

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