Matt Taibbi On Bank Corruption.

Posted August 23, 2013

by Jerry Alatalo

OLYMPUS DIGITAL CAMERAMatt Taibbi speaks here at the Public Banking Institute on June 2, 2013. His description of how he came to research matters financial is an example that those interested in creating a more just, peaceful world can learn from.

He talks about casual conversations with other journalists which sparked his desire to know how things worked on Wall Street. During one of those casual conversations he asked his fellow journalists why gas prices were rising in 2008, and nobody could answer the question. It was an innocent question which led to Matt Taibbi being one of the most recognized journalists around delving into the complexities of Wall Street transactions.

He researched Wall Street and has since written informative, lengthy articles in Rolling Stone magazine exposing corrupt practices and law-breaking in the financial industry. In those articles he has given many men and women readers an accurate view of what he calls “that other, more complicated reality.” This scenario of Matt Taibbi’s journalism career, where seemingly mundane, trivial chat leads to his speaking at this Public Banking Institute event, is an example of how our life sometimes turns on a dime and leads us to previously unplanned destinations.

From “why are gas prices rising?” in 2008 to becoming involved with a whole new banking framework for the United States of America is the road traveled by Matt Taibbi. His description of his journey down that road is inspiring in that it shows fellow journalists, bloggers, and all those involved in communicating ideas, that always asking questions does indeed lead to answers.

The first word in Taibbi’s transformational question was “why.”

why, adv., n., pl. whys. —adv. 1. for what reason. n. 2. cause or reason.

Journalists and communicators learn to research their subjects and issues by answering the questions “who, what, when, why and where.” Given Matt Taibbi’s experience here perhaps writers should throw out who, what, when, and where and focus like a laser on “why.”

All the rest are details.


 Related article


Meet Ellen Brown. Public Banking Institute.

English: The Federal Deposit Insurance Corpora...
English: The Federal Deposit Insurance Corporation’s satellite headquarters campus in Arlington. Although nearly all of FDIC’s most senior officials work at the main building in Washington, D.C., this campus is home to many administrative and support divisions, as well as the FDIC’s training facility. (Photo credit: Wikipedia)

Posted August 22, 2013

by Jerry Alatalo

Ellen Brown is an attorney and founder of The Public Banking Institute. She has written a number of books on monetary matters including “Web Of Debt” and the recently published “The Public Banking Solution.”

After watching Bill Still’s documentary “The Secret Of Oz” it was only the next logical step to look into the world of monetary systems, banking and the financial industry. Thankfully there are plenty of sources of information available to people interested in researching for themselves. In the course of looking into the subject I came across Ellen Brown. She always seemed like an easy-going person in her way and capable of explaining matters of banking.

Public banking seems to make good sense as it is a form of banking that looks out for the people, not solely profits. Matt Taibbi and Bill Still were at this event held in early June 2013. If you haven’t heard of Ellen Brown, the following video will perhaps result in you wanting to learn more about the Public Banking option, and solutions to the historic booms and busts of privately owned central banks, in the United States as well as countries around the world.

After hearing Ellen Brown you may understand why I have more optimism, as Matt Taibbi, Bill Still and Ellen Brown among others were at the same event. I feel the same way about Ellen Brown as I do about Matt Taibbi and Bill Still.

I just like her.


Matt Taibbi Meets Bill Still.

English: Lower Manhattan
English: Lower Manhattan (Photo credit: Wikipedia)

Posted August 21, 2013 

by Jerry Alatalo

This writer was pleasantly surprised to come across the following discussion between Matt Taibbi and Bill Still. The reason this meeting between two men, who are in my opinion honest and concerned about money issues that affect average citizens, is reason for optimism is that any collaboration between them will be positive.

Matt Taibbi is the more well-known of these two men for being a Rolling Stone investigative journalist.  He has written many articles on the workings of Wall Street which have increased awareness of unreported activities that people need to know. He has appeared on mainstream media programs and is somewhat of a cult hero to many men and women around the world. I don’t know if cult hero is the right description for Matt Taibbi. Perhaps it is more accurate to say that he receives admiration for being willing to write about issues which make the “Big Boys” on Wall Street nervous. For me, I just like the guy.

Bill Still is lesser known but no less aware of issues monetary. Many of you have seen his documentary “The Money Masters” and / or  his next doc “The Secret Of Oz.” I have yet to view The Money Masters but did watch The Secret Of Oz. Perhaps there are documentaries which are more powerful-which do a better job at explaining the history of monetary systems-please share the titles of them here. For this writer The Secret Of Oz is the most brilliant film he has come across about world monetary history. Bill Still ran for President in 2012 on the Libertarian Party ticket. As a politician I compare him to Dennis Kucinich, where both men have excellent ideas but physical appearance, the lack of Robert Redford good looks, unfortunately was a factor in voters’ decisions. I don’t know why, but I just like the guy.

The discussion between Matt Taibbi and Bill Still in early June 2013 at a Public Banking Institute event, I believe the same event where 13-year old Veronica Grant gave her speech, was a bit surprising to me. What was surprising was that Matt Taibbi admitted his work and focus was more on the scams and crimes of Wall Street players, and not on the issue of monetary reform. This is well and good, Matt Taibbi does excellent work to uncover corruption at the highest levels of the finance industry.

Bill Still’s work and focus is on monetary reform and less on the legalistic investigative journalism work which Matt Taibbi concentrates on. This meeting provides us with reason for hope and optimism as I see Matt Taibbi, Bill Still, and others whose work and focus mirrors theirs, collaborating in ways which will truly change the public debate about money.

Matt Taibbi and other investigative journalists, like the International Consortium of Investigative Journalists who gave the world the massive tax haven story, have exposed the corruption and criminality in the Gordon Gecko world of  high stakes, economy shattering transactions.

Bill Still and others who have knowledge of monetary reform issues, have come up with solutions for the damages done through history from fractional-reserve lending and privately owned central banking systems.

Here’s hoping that Matt Taibbi and Bill Still, as well as those whose work and focus is in the same respective areas of endeavor, join mind and body to multiply their joint knowledge and awareness.

It is a perfect match.

A match made in heaven.