Wall Street

Wall Street

Waiting for a Miracle

Wall Street By David Stockman.  |  April 18, 2019

Since man cannot live without miracles, he will provide himself with miracles of his own making. Read More

The Superheroes of Monetary Central Planning

Wall Street By David Stockman.  |  April 1, 2019

Somebody has to do it, don’t you see? Somebody has to save the world... Read More

On Security Blankets

Wall Street By David Stockman.  |  March 20, 2019

This blanket is a necessity. It keeps me from cracking up. It may be regarded as a spiritual tourniquet. Without it, I'd be nothing, a ship without a rudder. Read More

Frabjous Fed Makes Wall Street Chortle

Wall Street By David Stockman.  |  March 26, 2019

Twas brillig, and the slithy toves Did gyre and gimble in the wabe; All mimsy were the borogoves, And the mome raths outgrabe. Read More

The Fundamentals Are Broken

Wall Street By David Stockman.  |  March 8, 2019

All loans, in the eyes of honest borrowers, must eventually he repaid. All credit is debt. Read More

A Lesson on “Dumb Money”

Wall Street By David Stockman.  |  February 20, 2019

What real strength is there in a secondary system of that sort? It’s secondary, it’s parasitic. It's only a sort of hypertrophied, uncontrolled counting-house which has become dominant by falsifying the entries and intercepting payment. Read More

How the Donald Killed Irony

Wall Street By David Stockman.  |  January 30, 2019

What you need to remember, with these guys, is that they don’t know they're con men. They're wildly overconfident. Read More

Comfort Woman for the War Party

Federal Reserve By David Stockman.  |  January 28, 2019

Freedom of the press, if it means anything at all, means the freedom to criticize and oppose. – George Orwell, “The Prevention of Literature” (1946) They call The New York Times “The Old Gray Lady. Read More

Junkies Love Their Easy Money

Wall Street By David Stockman.  |  January 2, 2019

The questions, of course, could be asked: Why did you ever try narcotics? Why did you continue using it long enough to become an addict? You become a narcotics addict because you do not have Read More

Wall Street, Imperial Washington, and Our “Sanity Option”

Wall Street By David Stockman.  |  November 15, 2018

In individuals, insanity is rare; but in groups, parties, nations, and epochs, it is the rule. – Friedrich Nietzsche, Beyond Good and Evil: Prelude to a Philosophy of the Future (1886) Something’s changed. Read More