Book Review: “Griftopia: Bubble Machines, Vampire Squids, and the Long Con that is Breaking America” by Matt Taibbi (Nov, 2010)

I realize I’m late getting to this book, but better late than never.

The subject matter of this book ranges from the depressing to the terrifying. Greed and corruption at the top levels of the financial and political powers of the world conspire to rob us blind and leave our country at the brink of disaster. And no one is doing anything about it. Luckily, you have guide Matt Taibbi to ferret out the wrongdoers and expose them to the light of day, all the while relentlessly illustrating how screwed you are in the deal.

Taibbi has a great gift for taking complex and mind-numbing subjects like housing markets, commodities trading, and credit default swaps and boiling them down to easy to understand, bite size chunks. And his biting humor helps you to be able to stomach the horrifying, rapacious greed and lack of ethics at the heart of the power structure.

There may be no hope, but information is power, and Taibbi brings you the information. Once armed, it’s up to you what to do with it.

Rating: 4/5

Recommendation: If you care about politics or finance at all, this is a must read.

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