Editor, David Stockman's Contra Corner
Contributor's Links: David Stockman's Contra Corner

David A. Stockman is the ultimate Washington insider turned iconoclast. He began his career in Washington as a young man and quickly rose through the ranks of the Republican Party to become the Director of the Office of Management and Budget under President ... more

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Central Bank “Wealth Effects” Doctrine At Work
The purpose of central bank financial repression and ZIRP is to distort and inflate asset prices. Our monetary politburo even admits that it is in the monetary scam business via its self-serving doctrine called “wealth effects”.
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Why Crony Capitalism Will Be Hard To Uproot: Interview Of David Stockman
The problem today is that we have reached ‘peak debt.’
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Another Keynesian Debt Boondoggle: How Brussels Plans To Turn $26 Billion Into $390 Billion
The desperation and fraud of the Keynesian policy apparatus gets more stunning by the day. Apparently, the pettifoggers in Brussels will soon be announcing a new $400 billion bazooka to blast the euro-economy out of its lethargy.
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Sell, Sell, Sell…..The Central Bank Madmen Are Raging
The global financial system has come unglued.
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Deformations On The Dealer Lots: How The Fed’s ZIRP Is Fueling The Next Subprime Bust
On any given day, Janet Yellen is busy squinting at 19 essentially meaningless labor market graphs on her “dashboard” looking for evidence that ZIRP is working.
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Why Japan’s Money Printing Madness Matters
The announcement that Japan has plunged into a triple dip recession should have been lights out for Abenomics.
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Work Experience

Owner, Editor
David Stockman's Contra Corner
March 2014 - Present (7 years 6 months)
David Stockman's Contra Corner is the place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked
CEO
Collins & Aikman Corporation
2003 - 2005 (2 years 7 months)
Founder
Heartland Industrial Partners
1999 - 2005 (6 years 8 months)
Partner
Blackstone Group
1988 - 2001 (13 years 9 months)
"Intern"
Salomon Brothers
1986 - 1988 (2 years 7 months)
Director of the Office of Management and Budget
Executive Office of the President of the United States
1981 - 1985 (4 years 7 months)
Congressman
United States House of Representatives
1977 - 1981 (4 years 7 months)

Education

Harvard University
1974 / 1975
Graduate Studies
Harvard University
1968 / 1970
Graduate Studies
Michigan State University
BA
1965 / 1968
History

Publications

The Great Deformation: The Corruption of Capitalism in America
David Stockman
PublicAffairs
04/02/2013
The Great Deformation is a searing look at Washington’s craven response to the recent myriad of financial crises and fiscal cliffs. It counters conventional wisdom with an eighty-year revisionist history of how the American state—especially the Federal Reserve—has fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. These forces have left the public sector teetering on the edge of political dysfunction and fiscal collapse and have caused America’s private enterprise foundation to morph into a speculative casino that swindles the masses and enriches the few.
http://www.amazon.com/The-Triumph-Politics-Reagan-Revolution/dp/1610392779
David Stockman
PublicAffairs
03/26/2013
As Director of the Office of Management and Budget in the early 1980s, David Stockman was a chief architect of the Reagan Revolution—a bold plan to cut taxes and reduce the scope and cost of government. The Triumph of Politics was Stockman’s frontline report of the miscalculations, manipulations, and political intrigues that led to its failure. A major publishing event and New York Times bestseller in its day, The Triumph of Politics is still startling relevant to the conduct of Washington politics today.
David Stockman's Contra Corner
David Stockman
David Stockman
David Stockman's Contra Corner is the place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked.