I Think Stockman Is An Interesting Sort

The Fact Is That The Two Years Or So After 9/11 Were A Terrible Time In America – A Time Of Political Exploitation And Intimidation, Culminating In The Deliberate Misleading Of The Nation Into The Invasion Of Iraq. It’s Probably Worth Pointing Out That I’m Not Saying Anything Now That I Wasn’t Saying In Real Time Back Then, When Bush Had A Sky-high Approval Rating And Any Criticism Was Denounced As Treason. And There’s Nothing I’ve Done In My Life Of Which I’m More Proud.

A Snarky But Accurate Description Of Monetary Policy Over The Past Five Years Is That The Federal Reserve Successfully Replaced The Technology Bubble With A Housing Bubble

Economics Is Not A Morality Play.

The Planet Will Continue To Cook.

If You Can Create Even The Illusion Of High Profitability For A Few Years, Then When The Thing Collapses You Can Walk Out Of The Wreckage A Very Rich Man.