Buy Matt Taibbi’s New Book!
I share Taibbi’s outrage over what American justice is becoming. I recommend you buy the book and become aware of how we have two systems of justice.
Matt Taibbi: U.S. Should Be Ashamed It Treats Pot Smokers Worse Than Wall St. Criminals
A Wall Street bank accused of laundering money for drug cartels only had to pay a fine. Meanwhile, a man caught with a joint in his pocket had to spend 47 days in jail.
For that, journalist Matt Taibbi thinks prosecutors should be “ashamed.”
The former Rolling Stone writer — who recently announced he’s leaving the magazine to join an as-yet unnamed publication at First Look Media — railed against the Department of Justice Monday night for its failure to criminally prosecute HSBC after the bank admitted to laundering billions of dollars.
“They [HSBC] admitted it. They did it,” Taibbi said during an appearance on “The Daily Show with Jon Stewart.” “If you have a malefactor who is admitting to laundering $850 million for the Mexican drug cartel and he’s not going to jail, you should be ashamed if you’re a prosecutor.”
This isn’t news. HSBC agreed back in December 2012 to pay $1.92 billion to settle accusations that it laundered money for Colombian and Mexican drug cartels. But the HSBC story is one nugget Taibbi uses to illustrate inequality in the nation’s justice system in his new book The Divide: American Injustice in the Age of the Wealth Gap.
From Around the Web.
From the web site, 2013, What’s the Real Truth?
oday is my last day at Rolling Stone. As of this week, I’m leaving to work for First Look Media, the new organization that’s already home to reporters like Glenn Greenwald, Jeremy Scahill and Laura Poitras.
I’ll have plenty of time to talk about the new job elsewhere. But in this space, I just want to talk about Rolling Stone, and express my thanks. Today is a very bittersweet day for me. As excited as I am about the new opportunity, I’m sad to be leaving this company.
More than 15 years ago, Rolling Stone sent a reporter, Brian Preston, to do a story on the eXile, the biweekly English-language newspaper I was editing in Moscow at the time with Mark Ames. We abused the polite Canadian Preston terribly – I think we thought we were being hospitable – and he promptly went home and wrote a story about us that was painful, funny and somewhat embarrassingly accurate. Looking back at that story now, in fact, I’m surprised that Rolling Stone managing editor Will Dana gave me a call years later, after I’d returned to the States.
I remember when Will called, because it was such an important moment in my life. I was on the American side of Niagara Falls, walking with friends, when my cell phone rang. Night had just fallen and when Will invited me to write a few things in advance of the 2004 presidential election, I nearly walked into the river just above the Falls.
At the time, I was having a hard time re-acclimating to life in America and was a mess personally. I was broke and having anxiety attacks. I specifically remember buying three cans of corned beef hash with the last dollars of available credit on my last credit card somewhere during that period. Anyway I botched several early assignments for the magazine, but Will was patient and eventually brought me on to write on a regular basis.
It was my first real job and it changed my life. Had Rolling Stone not given me a chance that year, God knows where I’d be – one of the ideas I was considering most seriously at the time was going to Ukraine to enroll in medical school, of all things.