Matt Taibbi's Griftopia

In my opinion, after reading Matt Taibbi's Griftopia, he does not fit Richard Hofstadter's definition of a "paranoid spokesmen. " Taibbi's illustration of the tangled web weaved between Wall Street and the government is reflective journalism with oppinionnative rants thrown in. His beliefs are clearly separated from quotes and factual explanations of the innards of the American economy. Taibbi displays extreme discontent at times for the government, large banks, and the like but only because his book centers around a proven scam that caused the second largest economic depression in U.S. history. In his Harpers Magazine article, Hofstadter states paranoid writers go out of their way to confound unsubstantiated facts to support their claims. "One of the impressive things about paranoid literature is the contrast between its fantasised conclusions and the almost touching concern with factuality it invariably shows." In Griftopia, Matt Taibbi supports his claims with facts that not only make common sense, but can be supported by outside sources since he is writing about an almost decade-old scandal. Though he often states what are
In fact, it’d be a stretch to state that the government is at all secret about its involvement with Wall Street. Blatant deregulations, policy changes that benefit banks and investors, as well as politicians recieving giant contributions from Goldman Sachs, Enron, etc., prove how connected the mentioned entitities are. Although Taibbi uses informal and at times vulgar laguagne to convey his frustration with the system, he supports his accusations with credible, eatil-oreinted