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David Stockman

David Stockman

David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

Articles by David Stockman

The Great Disconnect

3 days ago

Needless to say, the “disappointing” 210,000 jobs number for November is completely meaningless—and not just because the unusually large negative seasonal adjustment looks a bit sketchy. The fact is, the monthly delta is always mostly context- and trend-free noise that gets adjusted and revised ten-ways-to-Sunday for the next five years. Yet when you look at […]

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Uh-Oh! Pfizer Forced To Release Shocking VAXX Injury Data

3 days ago

But now we have it from the horse’s mouth – Pfizer’s own vaccine injury data – a shocking amount of death and injury that is likely under-reported. This means that the FDA knew from day one these vaccines were unsafe to the point that they would typically be denied authorization, and certainly not funded, mandated, and marketed with a budget and energy that have never been placed behind a product since the dawn of time.

https://www.theblaze.com/op-ed/horowitz-pfizer-vaccine-injury-data-ordered-released-by-judge-shows-shocking-risk-level

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Asian Nations Going Full Totalitarian Retard On Omicron

3 days ago

In South Korea, Japan and Singapore, officials have chosen to move those infected by the Omicron variant into hospitals or other government-run facilities under medical supervision, even if the individuals are asymptomatic or experiencing mild symptoms. Until recently, patients have been allowed to quarantine at home.

https://www.wsj.com/articles/asia-pacific-nations-use-tougher-tactics-to-combat-omicron-variant-11638526478

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Here They Going Again! The Upshot of the New Housing Bubble Fiasco

3 days ago

The epic housing bubble and bust in the mid-to-late-2000s was dreadfully disruptive for many Americans.  Some never recovered.  Now the central planners have done it again…On Tuesday, the Federal Housing Finance Agency (FHFA) released its U.S. House Price Index (HPI) for September.  According to the FHFA HPI, U.S. house prices rose 18.5 percent from the third quarter of 2020 to the third quarter of 2021.

https://economicprism.com/the-upshots-of-the-new-housing-bubble-fiasco/#more-7829

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Anschluss 2.0: Unvaccinated Austrians To Face Prison Time, Huge Fines For Non-Compliance

4 days ago

Under the bill, anyone who refused to attend a scheduled vaccination appointment would receive an official summons from local authorities. If an individual failed to show up, they would then be summoned one more time within the next four weeks,” reports RT.
“Should the second official request be ignored as well, the person would face a fine of €3,600 ($4,061) or four weeks in prison. The fine would increase to €7,200 ($8,000) for those who had already been fined twice for violating the vaccination requirement.”

https://summit.news/2021/11/30/unvaccinated-austrians-face-prison-time-huge-fines-for-non-compliance/

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The Usual Suspects Are Trying to Foment a Crisis With Russia

4 days ago

The Pentagon is waging a multifaceted campaign of provocations, especially in and around the Black Sea. The US air and naval presence there has surged markedly in the past year or so, including a new deployment in November over Moscow’s strenuous and increasingly pointed protests. Washington and its NATO allies also have conducted several “exercises” (i.e., war games) in that body of water. The ever-helpful Ukrainian government now calls for a “constant” NATO military presence in the Black Sea.

https://original.antiwar.com/Ted_Galen_Carpenter/2021/11/29/the-usual-suspects-are-trying-to-foment-a-crisis-with-russia/

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Fintech’s Flim-Flam “Innovation” Games

5 days ago

Investment in fin-tech (the untidy agglomeration of finance and technology) has reached a record $91.5 billion, double that of 2020. In the last quarter, there were over 40 fintech unicorns (start-ups valued at over $1 billion). The sector now attracts around 20% of all venture capital. But its looks remarkably like a repeat of the late 1990s, when investors made ill-fated bets on online finance. 

https://www.zerohedge.com/markets/satyajit-das-exposes-fintechs-flim-flam-innovation-games

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Jim Cramer’s Latest Evil Rant, Part 1

5 days ago

CNBC’s house clown, Jim Cramer, is actually the poster-grampa for the financial evil and corruption on Wall Street that has been fostered by the Fed’s regime of rotten money. The latter has generated a belligerent cult of the stock market, which holds that “stonks” must never stop rising and aggressively so, and that it is […]

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Let Them Eat Volts!

5 days ago

“They will never have to worry about gas prices again,” he says. The problem there, of course, is that electric cars cost even more than it costs to fuel a not-electric car at $3.40 per gallon. Or even $5.

https://www.ericpetersautos.com/2021/11/29/let-them-eat-volts/

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Hey, Putin. We’re Watching You Move Russian Troops On Russian Soil!

5 days ago

But instead Kirby is obviously downplaying the “invasion” scenario, and is reduced to admitting the Pentagon is merely “watching” the “movement” of Russian troops within Russia’s own territory. He with a serious tone told the press pool that Russian troops are growing…in Russia.

https://www.zerohedge.com/geopolitical/russian-forces-are-growingin-russia-pentagon-awkwardly-downplays-ukraine-invasion-hype

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A President Betrayed by Bureaucrats: Scott Atlas’s Masterpiece on the Covid Disaster

8 days ago

I’m a voracious reader of Covid books but nothing could have prepared me for Scott Atlas’s A Plague Upon Our House, a full and mind-blowing account of the famed scientist’s personal experience with the Covid era and a luridly detailed account of his time at the White House. The book is hot fire, from page one to the last, and will permanently affect your view of not only this pandemic and the policy response but also the workings of public health in general.

https://brownstone.org/articles/a-president-betrayed-by-bureaucrats-scott-atlass-masterpiece-on-the-covid-disaster/

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Buyout Boom Gains Steam in Record Year for Private Equity

8 days ago

Private-equity firms have announced a record $944.4 billion worth of buyouts in the U.S. so far this year, 2.5 times the volume in the same period last year and more than double that of the previous peak in 2007, according to Dealogic. So far this year, there have been five $10 billion-plus deals in the U.S., equaling the total in all of 2007, though still below the high-water mark of nine in 2006.

https://www.wsj.com/articles/buyout-boom-gains-steam-in-record-year-for-private-equity-11638095402?mod=hp_lead_pos5

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The Devil’s Workshop Has A Bad Hair Day

10 days ago

It doesn’t get any more self-evident than this. To wit, according to Bank of America the tsunami of fresh cash into the stock market casinos this year has been off-the charts of history: If there’s a single stat to capture the insatiable appetite for stocks this year, it’s the sum of cash that went into […]

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The Great Pacific Garbage Patch—-More Fake Environmentalist News

10 days ago

Of all the fabricated narratives about the environment, this one takes the cake. Yes, there is plastic in the oceans, mostly discarded fishing gear, but there is no island of plastic waste twice the size of Texas in the middle of the Pacific Ocean. Because the average person cannot see the middle of the Pacific for themselves sensationalist activists, media, and politicians just make this up. In fact, plastic in the oceans is doing far more good than harm. Allow me to explain this bold assertion.

https://www.lewrockwell.com/2021/11/no_author/the-great-pacific-garbage-patch-twice-the-size-of-texas-is-fake/

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Five Trump-Russia ‘Collusion’ Corrections We Need From the Media Now — Just for Starters

11 days ago

In response to what the news site Axios has called “one of the most egregious journalistic errors in modern history,” the Washington Post has re-edited at least a dozen stories related to Steele. For two of those, the Post removed entire sections, changed headlines, and added lengthy editor’s notes. But the Post’s response also exhibits the limits of the media’s Steele-induced self-examination.

https://www.realclearinvestigations.com/articles/2021/11/24/five_trump-russia_collusion_corrections_we_need_from_the_media_now_-_just_for_starters_804205.html?mc_cid=66c413d63f&mc_eid=891d8cfdc0

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Building Ballot Bottoms Better

12 days ago

You know it’s bad when… your approval rating is worse than Joe Biden’s. As the American President’s approval rating has plunged to just 41.3% – the largest drop of any president since WWII, UK Prime Minister Boris Johnson is facing up to the fact that just 29% of Brits think he is do9ing a good job.

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America’s Tribune Of Liberty In Chains

13 days ago

It doesn’t get any more hideous than this: In the waning days of his misbegotten tenure, New York City Mayor DeBlasio and his cronies had America’s tribune of liberty carted off in chains yesterday. As the New York Post noted with respect to the statute donated to the city by a Thomas Jefferson admirer in […]

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B-B-B-Boondoggle!

13 days ago

Just when you thought Washington’s capacity for rank mendacity had reached its limit, along came last week’s approval of Sleepy Joe’s Build Back Better Boondoggle. They claimed it was “paid for” until they were blue in the face. But the price tag was actually $4.9 trillion of new spending and tax giveaways over the next […]

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Our Monetary Humpty-Dumpty

14 days ago

Hello, Alan Greenspan, we are channeling you. That’s because the spectacular result of an art auction last week reminds us that the ultra easy money policies you introduced upon your arrival at the Fed in August 1987 are now delivering the whirlwind of runaway asset inflation that you yourself predicted before you traded your gold […]

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