David Stockman gave his insights on Mitt, Newt, crony capitalism, and the private equity controversy this week on Dylan Ratigan’s MSNBC show. He laid the blame for the current mess not just on cronyism and corruption, but particularly on the zero interest rate policy of the Fed. No one tells this story better or more…
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Big 3 French Bank Assets Triple France’s GDP According To David Stockman
by Lee Adler • • 4 Comments
David Stockman, former Director of the White House Office of Management and Budget during the Reagan Administration, has in recent years become a prominent and outspoken critic of the Fed, central banking policies generally, government finance schemes, and other aspects of the world’s screwed up financial regimes. Mr. Stockman’s perspective on these issues is unique.…
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How The GOP Became the Party of the Rich
by Bears Chat at The Wall Street Examiner • • 0 Comments
The nation is still recovering from a crushing recession that sent unemployment hovering above nine percent for two straight years. The president, mindful of soaring deficits, is pushing bold action to shore up the nation’s balance sheet. Cloaking h…
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Turns Out, Greed Isn’t Good After All
by Bears Chat at The Wall Street Examiner • • 0 Comments
So, it turns out that greed isn’t good after all – at least not for the vast majority of the American people. But this is a lesson that many U.S. opinion leaders still resist.
For the past three decades – since Ronald Reagan’s Republican l…
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America Has Reached The Point Of No Return
by a Wall Street Examiner • • 0 Comments
Yet another call for serious cuts in military spending.. Will TPTB heed the calls?
The Obama administration’s $78 billion cut to US defense spending is a mere “pin-prick” to a behemoth military-industrial complex that must drastically shrink for the…
