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Topic: David Stockman

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Thursday, June 12th, 2014

Government Spending Never Stops Increasing

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In The Right vs Left Game Nobody Wins Mandeville, LA – Exclusive Transcript – "I think what is partially responsible here for what seems to be this lack of momentum or lack of enthusiasm is that there was a crop of Tea Party-themed candidates that were sent to Mordor on the Potomac in 2010.  As we have bemoaned over and over and over again, despite a few notable exceptions, they have largely just been assimilated.  They’ve joined the Borg ….Continue

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Tuesday, October 8th, 2013

David Stockman's "Sundown In America"

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Mandeville, LA – Exclusive Transcript – Back to David Stockman, there are a couple more stats from the “Sundown in America” essay that he wrote. You can find it in today’s Pile of Prep. If you’re not already convinced, after I read you the rollover of the debt from the first hour, Stockman isn’t finished with his rundown. I’m skipping here. This thing is 18 pages long if printed. I’m only going to get to about a page and a h….Continue

monopoly-recession

Tuesday, April 2nd, 2013

Monopoly Is Not Much Fun When You're A Property On The Board

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Mandeville, LA – Exclusive Transcript – How does all this play out? Ladies and gentlemen, it plays out horrifically because it cannot continue. The only reason it continues now is because people fear the government. They fear what’s going to happen to them if they don’t pay their taxes. They fear what’s going to happen to them if they don’t march in lockstep as they’re being told to march in lockstep. They fear what’s going to happen to them. Check out to….Continue

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Wednesday, October 17th, 2012

David Stockman Speech-The End of Sound Money and the Triumph of Crony Capitalism

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The End of Sound Money and the Triumph of Crony Capitalism Monday, March 14, 2011 by David Stockman Mandeville, LA - The text of this speech is excerpted from The 2011 Henry Hazlitt Memorial Lecture, given on March 12 at the Austrian Scholar's Conference in Auburn, AL -The original text and audio versions are here The triumph of crony capitalism occurred on October 3rd, 2008. The event was the enactment of TARP — the single greatest economic-policy abomination since the 193….Continue

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What Dryden said was this, "Great wits are oft to madness near allied"; and that is true. It is the pure promptitude of the intellect that is in peril of a breakdown. Also people might remember of what sort of man Dryden was talking. He was not talking of any unworldly visionary like Vaughan or George Herbert. He was talking of a cynical man of the world, a sceptic, a diplomatist, a great practical politician. Such men are indeed to madness near allied. Their incessant calculation of their own brains and other people's brains is a dangerous trade. It is always perilous to the mind to reckon up the mind. A flippant person has asked why we say, "As mad as a hatter." A more flippant person might answer that a hatter is mad because he has to measure the human head. - G.K. Chesterton, Orthodoxy

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