Posts Tagged ‘david stockman’

Here is a great interview of former Political Badger guest David Stockman on CNBC yesterday:

http://video.cnbc.com/gallery/?video=3000404293

Today I had the pleasure of interviewing David Stockman.  He is a former Congressman from Michigan, former Director of the Office of Management and Budget under President Ronald Reagan, and former partner at The Blackstone Group.  Stockman is the author of The Triumph of Politics: Why the Reagan Revolution Failed (1986) and 2013’s The Great Deformation: The Corruption of Capitalism in America.  On the show today we discussed how some of his work traces “historical dominoes.”  It was fascinating to learn how certain events in history led to others and so on, until we wind up with thus and so…  For example: how did the creation of the Fed in 1913 lead to the 2008 crisis?  What was the chain of events?  Find out in today’s episode.

David Stockman’s Contra Corner

http://www.amazon.com/Great-Deformation-Corruption-Capitalism-America/dp/1586489127/ref=sr_1_1?ie=UTF8&qid=1418358518&sr=8-1&keywords=the+great+deformation&pebp=1418358520995

From http://www.davidstockmanscontracorner.com today:

http://davidstockmanscontracorner.com/how-financial-bubbles-fester-and-burst-even-as-the-fed-says-not-to-worry/

Great stuff from David Stockman:

Stockman on ISIS

Many of you have read his pieces on his blog bionic mosquito. You have seen his stuff all over the place: on lew rockwell, economic policy journal, lions of liberty

After hearing some talking head on CNBC refer to Ron Paul as a mosquito, the author thought to himself, “If Ron Paul is a Mosquito, he is a powerful one.” Hence the name. Jonathan Goodwin is bionic mosquito and was kind enough to give us a peek into his not-so-mosquito-sized brain.

Political Badger: What was the impetus for starting your blog?

Bionic Mosquito: I had been thinking about doing something like this for quite some time. I thought it would be a good way for me to improve my thinking on several subjects – economics, libertarianism, politics, and empire (I think history wasn’t originally on my mind); I am not trained in any of these. I felt that the act of writing, and posting it publicly, would force an improvement of discipline in my thought. I also thought that receiving feedback online would be a wonderful, free, learning tool. Finally, I wanted to document my own learning / progression.

But what drove me finally to take the step was a minor technical problem (you asked). For a time I was a regular feed-backer at The Daily Bell. Early on, I was not able to post a comment of more than a few characters (it turned out to be a browser problem on my end). In order to get around this, I would post my longer comments on my blog, and DB graciously copied the comments from my blog to their thread.

Pretty dull, I know.

PB: When did it really take off?

BM: Have you looked at the alexa ratings? “Take off” is not a phrase I would use, but thank you.

I guess bionic mosquito first started gaining some recognition (beyond the comments section of Daily Bell, EPJ, and Mises) when Lew Rockwell ran a post a couple of years ago – something I wrote about Pearl Harbor, based on a book by George Victor, “The Pearl Harbor Myth: Rethinking the Unthinkable”. Since then, Lew has re-posted many of my blog posts, as has Robert Wenzel at EPJ and Marc Clair at Lions of Liberty. A few other sites occasionally pick up a post as well.

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Think about the type of person the average politician is. I am obviously generalizing here but politicians tend to be narcissistic. They tend to be hungry for power and control. Think of the typical douchey cheesebag you see on Sunday morning political tv shows, with his über white teeth and his perfect hair. Think of all the politicians who cheat on their wives. Think about the nature of politics. You have to be a salesman. And, lets face it, most of these guys are glorified used car salesmen (no offense to my thousands of used car salesman followers). They must be adept at spin, at lying. If the economy is bad, they must convince you it’s fine. They’ll convince us that war is necessary when diplomacy is in order. These guys suck, Republicans and Democrats alike.

Understanding that most politicians blow, I now want to focus on Republicans specifically. I have a real disdain for Democrats but Republicans are a special kind of suck. (more…)

More genius from David Stockman:

Stockman Article

http://www.bloomberg.com/video/not-a-snowball-s-chance-of-surplus-stockman-1xN5X6c2Q6adY43erJ2bPg.html

Check out this really good little 5 minute video with David Stockman. If you want to understand exactly where our economy is, where it is heading, and how we got here do yourself a favor and read his masterpiece The Great Deformation. It is unreal.