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The Divide: by Matt Taibbi | Key Takeaways, Analysis & Review Preview: The Divide by Matt Taibbi approaches the complicated topic of the unequal treatment of defendants in the United States criminal justice system based on wealth, through individual stories and rarely heard cases revealed in court proceedings. In the US, bankers and financial officials whose unethical and illegal behavior contributed to the 2008 financial crisis and subsequent economic scandals rarely faced prosecution for their activities. Instead, either the very smallest actors in those activities were prosecuted, or the companies negotiated fines and settlements outside of court. Many of these cases made use of the collateral consequences, a principle based on a memorandum written by Attorney General Eric Handler that states prosecutors should consider whether prosecution would cause too many lost jobs or too much financial harm to the company. Policing in major US cities generates a high volume of arrests, criminal charges for trivial offenses, and economic incentives not to fight allegations in court… PLEASE NOTE: This is Key Takeaways, Analysis & Review of the book and NOT the original book. Inside this Instaread Key Takeaways, Analysis & Review of The DivideOverview of the bookImportant PeopleKey TakeawaysAnalysis of Key Takeaways
PLEASE NOTE: This is Key Takeaways, Analysis & Review of the book and NOT the original book. The Divide: by Matt Taibbi | Key Takeaways, Analysis & Review Preview: The Divide by Matt Taibbi approaches the complicated topic of the unequal treatment of defendants in the United States criminal justice system based on wealth, through individual stories and rarely heard cases revealed in court proceedings. In the US, bankers and financial officials whose unethical and illegal behavior contributed to the 2008 financial crisis and subsequent economic scandals rarely faced prosecution for their activities. Instead, either the very smallest actors in those activities were prosecuted, or the companies negotiated fines and settlements outside of court. Many of these cases made use of the collateral consequences, a principle based on a memorandum written by Attorney General Eric Handler that states prosecutors should consider whether prosecution would cause too many lost jobs or too much financial harm to the company. Policing in major US cities generates a high volume of arrests, criminal charges for trivial offenses, and economic incentives not to fight allegations in court... Inside this Instaread Key Takeaways, Analysis & Review of The Divide Overview of the book Important People Key Takeaways Analysis of Key Takeaways
NEW YORK TIMES BESTSELLER • NAMED ONE OF THE BEST BOOKS OF THE YEAR BY THE WASHINGTON POST, NPR, AND KIRKUS REVIEWS A scathing portrait of an urgent new American crisis Over the last two decades, America has been falling deeper and deeper into a statistical mystery: Poverty goes up. Crime goes down. The prison population doubles. Fraud by the rich wipes out 40 percent of the world’s wealth. The rich get massively richer. No one goes to jail. In search of a solution, journalist Matt Taibbi discovered the Divide, the seam in American life where our two most troubling trends—growing wealth inequality and mass incarceration—come together, driven by a dramatic shift in American citizenship: Our basic rights are now determined by our wealth or poverty. The Divide is what allows massively destructive fraud by the hyperwealthy to go unpunished, while turning poverty itself into a crime—but it’s impossible to see until you look at these two alarming trends side by side. In The Divide, Matt Taibbi takes readers on a galvanizing journey through both sides of our new system of justice—the fun-house-mirror worlds of the untouchably wealthy and the criminalized poor. He uncovers the startling looting that preceded the financial collapse; a wild conspiracy of billionaire hedge fund managers to destroy a company through dirty tricks; and the story of a whistleblower who gets in the way of the largest banks in America, only to find herself in the crosshairs. On the other side of the Divide, Taibbi takes us to the front lines of the immigrant dragnet; into the newly punitive welfare system which treats its beneficiaries as thieves; and deep inside the stop-and-frisk world, where standing in front of your own home has become an arrestable offense. As he narrates these incredible stories, he draws out and analyzes their common source: a perverse new standard of justice, based on a radical, disturbing new vision of civil rights. Through astonishing—and enraging—accounts of the high-stakes capers of the wealthy and nightmare stories of regular people caught in the Divide’s punishing logic, Taibbi lays bare one of the greatest challenges we face in contemporary American life: surviving a system that devours the lives of the poor, turns a blind eye to the destructive crimes of the wealthy, and implicates us all. Praise for The Divide “Ambitious . . . deeply reported, highly compelling . . . impossible to put down.”—The New York Times Book Review “These are the stories that will keep you up at night. . . . The Divide is not just a report from the new America; it is advocacy journalism at its finest.”—Los Angeles Times “Taibbi is a relentless investigative reporter. He takes readers inside not only investment banks, hedge funds and the blood sport of short-sellers, but into the lives of the needy, minorities, street drifters and illegal immigrants. . . . The Divide is an important book. Its documentation is powerful and shocking.”—The Washington Post “Captivating . . . The Divide enshrines its author’s position as one of the most important voices in contemporary American journalism.”—The Independent (UK) “Taibbi [is] perhaps the greatest reporter on Wall Street’s crimes in the modern era.”—Salon
An up-close look at the democratic race for the White House—it isn't pretty Spanking the Donkey is a campaign diary like no other. Celebrated reporter Matt Taibbi turns a withering eye on the kissing contest of puffed-up martinets and egomaniacal fantasists more generally known as the 2004 Democratic primaries. Taibbi's contempt for the whole charade, and for most of those involved (including a generous helping of his fellow journalists), makes for a searing and highly entertaining account. His refusal to take the proceedings seriously leads him to volunteer for Wesley Clark's New Hampshire campaign in the guise of an adult-film director, while his take on a John Edwards press conference in New York City is filtered through the haze of hallucinogenic drugs. Taking up residence in slums and halfway houses as he follows the circus around the country, Taibbi juxtaposes an idiotic dog-and-pony show in which clashes of plainly identical candidates are presented as real controversies, with the quite separate concerns of the ordinary Americans whose lodgings he shares. The gap between the antiseptic exercise in faint patriotic optimism that is mainstream politics and the harsh realities of life for the millions of Americans that the electoral parade simply passes by has never been more sharply, or hilariously, sketched.
From “the only political writer in America that matters” comes a collection of his best reportage about the worst of times (Harford Advocate). Matt Taibbi is notorious as a journalistic agitator, a stone thrower, a “natural provocateur” (Salon.com). Now, bringing together his most incisive, intense, and hilarious pieces from his “Road Work” column in Rolling Stone, the “political reporter with the gonzo spirit that made Hunter S. Thompson and P. J. O’Rourke so much fun” shines a scathing spotlight on the corruption, dishonesty, and sheer laziness of our leaders (The Washington Post). With no shortage of outrages to compel Taibbi’s pen, these pieces paint a shocking portrait of our government at work—or, as Taibbi points out in “The Worst Congress Ever,” rarely working. Taibbi has plenty to say about George W. Bush, Jack Abramoff, Tom DeLay, and all the rest, but he doesn’t just hit inside the Beltway. Taibbi gets involved in the action. He infiltrates Senator Conrad Burns’s birthday party under disguise as a lobbyist for a fictional oil firm that wants to drill in the Grand Canyon. He floats into apocalyptic post-Katrina New Orleans in a dinghy with Sean Penn. He goes to Iraq as an embedded reporter, where he witnesses the mind-boggling dysfunction of our occupation and spends three nights in Abu Ghraib prison. And he reports from two of the most bizarre and telling trials in recent memory: California v. Michael Jackson and the evolution-vs.-intelligent-design trial in Harrisburg, Pennsylvania. A brilliant collection from one of the most entertaining political writers of today, Smells Like Dead Elephants is “the funniest angry book and the angriest funny book since Hunter S. Thompson roared into town” (James Wolcott).
The Business Secrets of Drug Dealing tells the story of a hyper-observant, politically-minded, but humorously pragmatic weed dealer who has spent a working life compiling rules for how to a) make money and b) avoid prison. Each rule shapes a chapter of this fast-paced outlaw tale, all delivered in Huey Carmichael's deliciously trenchant argot. Here are a few of them: No guns but keep shooters. Stay behind the white guy. Don't snitch. Always have a job. Be multi-sourced. Get your money and get out. Part edge-of-the-seat suspense story, part how-to manual in the tradition of The Anarchist Cookbook, The Business Secrets of Drug Dealing is as scintillating as it is subversive. Just reading it feels illegal.
The issue of inequality has irrefutably returned to the fore, riding on the anger against Wall Street following the 2008 financial crisis and the concentration of economic and political power in the hands of the super–rich. The Occupy movement made the plight of the 99 percent an indelible part of the public consciousness, and concerns about inequality were a decisive factor in the 2012 presidential elections. How bad is it? According to Pulitzer Prize–winning journalist David Cay Johnston, most Americans, in inflation–adjusted terms, are now back to the average income of 1966. Shockingly, from 2009 to 2011, the top 1 percent got 121 percent of the income gains while the bottom 99 percent saw their income fall. Yet in this most unequal of developed nations, every aspect of inequality remains hotly contested and poorly understood. Divided collects the writings of leading scholars, activists, and journalists to provide an illuminating, multifaceted look at inequality in America, exploring its devastating implications in areas as diverse as education, justice, health care, social mobility, and political representation. Provocative and eminently readable, here is an essential resource for anyone who cares about the future of America—and compelling evidence that inequality can be ignored only at the nation’s peril.