National Debt

Congress’ Radical Plan To End Illegal Money

"Perhaps they may unwittingly do us all a favor and fail to raise the debt ceiling. Could the dopes in Congress hatch a more radical plan to put an end to the government’s illegal money? Only by accident..."

Navigating Through The Storms: "I'm Losing My Sense Of Outrage"

"My frustration and disillusionment with a world gone mad has begun to affect my mental state. I’m losing my sense of outrage which has driven me to write for the last nine years. It isn’t worth the expended energy when it will change nothing. I’m resigned to the inevitability of economic collapse. It’s just a matter of when."

Stockman On Peak Bull: Fake Economy And Fake News

"The American economy has been mangled by decades of assault on capitalist prosperity... Our overall economy has now reached a point of peak debt. The peak bull has now arrived and it is utterly unsafe to be in the casino."

Ron Paul Warns "Central Bankers Are Always Wrong...Especially Before A Bust"

"...The attitude right now is that Keynesianism and deficit financing and printing money and militarism is the solution but it’s all coming apart... the authoritarians are clinging to power so they can collect the revenues and make sure you’re not getting around the system. That’s what the cashless society is all about..."

Is This The Generation That Is Going To Financially Destroy America?

"Nobody can pretend that what we have today is the kind of limited federal government that our founders intended.  When federal spending accounts for more than 20 percent of GDP, it is hard to argue that we haven’t moved very far down the road toward socialism. "

David Stockman Blasts The "Derangement & Danger On The Potomac"

"The American people are being brought to ruin by three institutions that are mortal threats to liberty and prosperity. To wit, the Federal Reserve, the military/industrial/surveillance complex and a sinecured Congress that is burying unborn generations in debt -- even as it sanctimoniously presumes that it is doing god's work by servicing the beltway racketeers who keep it perpetually in office..."

Debt Has No Consequences? Color Us Skeptical

"The entire status quo is based on the delusion that rapidly rising debt will never generate any negative consequences. Color me skeptical of that working out in the real world."

Less Than Zero: How The Fed Killed Saving

"...this is NOT accidental... In fact, it has happened so often throughout history that there's actually a playbook (for the government) when you get to this stage. It's called Financial Repression..."

Stockman Warns Trump "Not A Snowball's Chance In Hell Of Reaching 4% Growth"

"We have a government that is so buried in deficits and debt that it couldn’t do the kind of massive deficit finance tax cuts that accidently happened under Ronald Reagan... There’s not a snowball's chance because it didn’t happen then. If you take 1981 to 1989 as a whole, growth was only 3.4%."