.... In 2008, Rolling Stone contributing editor Matt Taibbi was - TopicsExpress



          

.... In 2008, Rolling Stone contributing editor Matt Taibbi was hanging around with the rest of the press corps after one of John McCains campaign speeches. The Arizona senator and presidential candidate had railed about skyrocketing gas prices. He was going into his whole drill-baby-drill routine, Taibbi recalls. The press corps were all joking about it afterward. As if the current price spike was a result of Americas failure to drill in Gulf of Mexico, they laughed. Do we actually know whats causing the spike in gas prices? Taibbi asked. Silence followed. Nobody knew the answer, he says. I didnt know the answer. It occurred to me, here we are covering an exploding economy — and none of us have any idea about what actually caused any of it. All these big institutional investors essentially got sold oregano when they thought they were buying weed, Taibbi tells NPRs Guy Raz. npr.org/templates/story/story.php?storyId=131106798
Posted on: Tue, 14 Oct 2014 16:26:44 +0000

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