- Strange Bedfellows April 15
Goodman: Who was tougher on corporate America, President Obama or President Bush?
Taibbi: Oh, Bush, hands down. And this is an important point to make, because if you go back to the early 2000s, think about all these high-profile cases: Adelphia, Enron, Tyco, WorldCom, Arthur Andersen. All of these companies were swept up by the Bush Justice Department. And what's interesting about this is that you can see a progression. If you go back to the savings and loan crisis in the late '80s... we put about 800 people in jail during — in the aftermath of that crisis. You fast forward 10 or 15 years to the accounting scandals, like Enron and Adelphia and Tyco, we went after the heads of some of those companies. It wasn't as vigorous as the S&L prosecutions, but we at least did it. At least George Bush recognized the symbolic importance of showing ordinary Americans that justice is blind, right?
Fast forward again to the next big crisis, and how many people have we got — have we actually put in jail? Zero... nobody went to jail, so that we're now in a place where we don't even recognize the importance of keeping up appearances when it comes to making things look equal.
Watch below, starting about 49 minutes in. (H/T Talking Points Memo) --Ryan Cooper
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Why all drugs should be legal. (Yes, even heroin.)
- Here's the schedule very successful people follow every day
- How to trim $500 from your monthly spending
- What would a U.S.-Russia war look like?
- Why you should really take a nap this afternoon, according to science
- Comic-Con 2014: Everything we learned about Avengers 2, Batman v. Superman, and more
- 7 ideas from ancient thinkers that will improve your modern life
- Are there too many good shows on television?
- The big, gaping hole in the liberal policy arsenal
- The forgotten victims of the war in Ukraine
Subscribe to the Week