Transcript for David Stockman: Blame The Fed!

Discussion in 'Economics' started by jficquette, Sep 10, 2012.

  1. Chris Martenson: Welcome to another podcast. I am your host, of course, Chris Martenson. And today, we are speaking with a particularly interesting guest, Mr. David Stockman -- economic policy maker, politician, financier. Mr. Stockman represented Southern Michigan in the US House of Representatives from 1976 to 1981, later served as the Director of the Office of Management and Budget, the OMB in the Reagan administration, and was the youngest cabinet member of the twentieth century. Since then, he’s held executive positions in many of the most influential banking, buyout, and private equity firms, including the Blackstone Group and Solomon Brothers. He has many other accomplishments too numerous to list here. Welcome, David. It’s an honor to have you as our guest today.

    David Stockman: Very happy to be with you.
  2. Very good guy, this David Stockman... Makes some very interesting points.