All In's Chris Hayes sat down with Rolling Stone's Matt Taibbi to discuss his new article on the ratings agencies that helped trigger the financial meltdown -- and surprise, surprise, nothing's been done to fix the problem.
Let me get this out of the way first: I believe Bank of America is evil and does unspeakably evil things. This post does not in any way change my mind on that nor is it intended to change yours. However, I do believe facts matter, and in the case of
During the opening of Andrea Mitchell's show today before President Obama came on to talk about Standard and Poor's downgrading the credit rating of the United States, Chris Matthews made the ridiculous assertion that they actually had some
You've just got to love what passes for "straight news" over at the Fox Republican propaganda channel. During one of their "breaking news" segments after the news that Standard and Poor's decided to downgrade the AAA credit rating of the Unites States, who did they bring in to do some "objective" analysis? The American Spectator and Wall Street Journal's resident hack, John Fund.
"The chief consequence of the conservatives' unrelenting faith in the badness of government," Thomas Franks wrote three years ago in The Wrecking Crew, "is bad government." But would happen if virtually every article of that faith were wrong