In short, Mr. Ryan’s plan is devoid of credible math or hard policy choices. And it couldn’t pass even if Republicans were to take the presidency and both houses of Congress. Mr. Romney and Mr. Ryan have no plan to take on Wall Street, the Fed, the military-industrial complex, social insurance or the nation’s fiscal calamity and no plan to revive capitalist prosperity - just empty sermons.
Main Street has too much debt already. It is simply a bonanza for speculators who can borrow the overnight money and then buy something that they can… - David Stockman
Main Street has too much debt already. It is simply a bonanza for speculators who can borrow the overnight money and then buy something that they can…
- David Stockman
Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all. - David Stockman
Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all.
The Ryan plan isn't a budget. It's the last will and testament of the Republican party. - David Stockman
The Ryan plan isn't a budget. It's the last will and testament of the Republican party.
The Republican Party, as much as it pains me to say this, should be ashamed of themselves. - David Stockman
The Republican Party, as much as it pains me to say this, should be ashamed of themselves.
The problem is that you're creating a system of bubble finance where interest rates are so low that people can speculate. An asset value goes up. You… - David Stockman
The problem is that you're creating a system of bubble finance where interest rates are so low that people can speculate. An asset value goes up. You…
One thing is certain. At some point global investors will lose confidence in our (U.S.) easy dollars and debt-financed prosperity, and then the chick… - David Stockman
One thing is certain. At some point global investors will lose confidence in our (U.S.) easy dollars and debt-financed prosperity, and then the chick…
We need a wealth tax that on a one-time basis is going to take back at least some small fraction of the great windfall that the upper 1 percent, or 5… - David Stockman
We need a wealth tax that on a one-time basis is going to take back at least some small fraction of the great windfall that the upper 1 percent, or 5…
The United States is broke — fiscally, morally, intellectually — and the Fed has incited a global currency war Japan just signed up, the Brazilians a… - David Stockman
The United States is broke — fiscally, morally, intellectually — and the Fed has incited a global currency war Japan just signed up, the Brazilians a…
Insanity has infected all the central banks of the world. - David Stockman
Insanity has infected all the central banks of the world.
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