David Stockman, former Reagan Administration Budget Director and best selling author of The Great Deformation: The Corruption of Capitalism in America, has started a new website, David Stockman’s Contra Corner. The site opened officially this morning after being in a beta testing version since March 2. Mr. Stockman conceived of the new website as “a place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked.”
Mr. Stockman posted two major articles to kick off the opening of the site.
The Fed and the other major central banks have been planting time bombs all over the global financial system for years, but especially since their post-crisis money printing spree incepted in the fall of 2008. Now comes a new leader to the Eccles Building who is not only bubble-blind like her two predecessors, but is also… Read on→
Contrary to the bombast, jingoism, and shrill moralizing flowing from Washington and the mainstream media, America has no interest in the current spat between Putin and the mobs of Kiev. For several centuries the Crimea has been Russian; for even longer, the Ukraine has been a cauldron of ethnic and tribal conflict, rarely an organized, independent… Read on→
In addition to featuring Mr. Stockman’s regular comments on the economy, finance, politics, and world affairs, the site also features the work of leading economic and political contrarian bloggers, including the Wall Street Examiner’s Lee Adler in a section known as the Contra Club. Other features of the site are in various stages of development.
The new website was developed by Lee Adler, publisher based on Mr. Stockman’s concepts. Adler will continue to assist Mr. Stockman with operating the website. In addition to covering Mr. Stockman’s views on current news and economic developments, the site will feature the work of well known contrarian thinkers on a daily basis. The site also features a bookstore including David Stockman’s books such as The Great Deformation, and other books which he recommends. It will also offer a free daily email digest to subscribers.