“Gross Domestic Product—the substitution, in effect, of ideas for physical value.”

“Gross Domestic Product—the substitution, in effect, of ideas for physical value.”

“You win the modern financial-regulation game by filing the most motions, attending the most hearings, giving the most money to the most politicians and, above all, by keeping at it, day after day, year after fiscal year, until stealing is legal again.”

“By incentivizing Wall Street players to sniff out inefficient or corrupt companies and bet against them, short-selling acts as a sort of policing system; legal short-sellers have been instrumental in helping expose firms like Enron and WorldCom.”

“The NFL, sadly, has a fatal environmental problem: It kills its workers.”

“Mike Huckabee represents something that is either tremendously encouraging or deeply disturbing, depending on your point of view: a marriage of Christian fundamentalism with economic populism.”

“The failure to work out sensible budgets makes it impossible for government agencies to make long-term plans, and instead leaves them scrambling to spend money in the short term.”

“The threat posed by Bank of America isn't just financial - it's a full-blown assault on the American dream. Where's the incentive to play fair and do well, when what we see rewarded at the highest levels of society is failure, stupidity, incompetence and meanness? If this is what winning in our system looks like, who doesn't want to be a loser?”

“The first thing you need to know about Goldman Sachs is that it's everywhere. The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”

“After eighteen long months covering this dreary business, the whole campaign appears in my mind’s eye as one long, protracted scratch-fight over Internet-fueled nonsense.”

“Our leaders know we’re turning into a giant ghetto and they are taking every last hubcap they can get their hands on before the rest of us wake up and realize what’s happened.”

“The mainstream media act just like in the classic studies of herd animals; at the exact instant more than half of the herd makes a move to bolt, they all move.”