We laughed and laughed when Republican said they would come up with an alternative to Obamacare, didn’t we? Well, Marco Rubio set up Florida Health Choices, which is totally putting President Obama to shame.
WASHINGTON (AP) — Illinois Rep. Aaron Schock, a rising Republican star already facing an ethics inquiry, has spent taxpayer and campaign funds on flights aboard private planes owned by some of his key donors, The Associated Press has found. There also have been other expensive travel and entertainment charges, including for a massage company and music concerts.
Monetary policy probably won’t be a major issue in the 2016 campaign, but it should be. It is, after all, extremely important, and the Republican base and many leading politicians have strong views about the Federal Reserve and its conduct. And the eventual presidential nominee will surely have to endorse the party line.
So it matters that the emerging G.O.P. consensus on money is crazy — full-on conspiracy-theory crazy.
No. People loved those Tina Fey/Sarah Palin sketches because Sarah Palin is a terrifying, anti-intellectual, anti-choice, gun-toting ideologue who came within a hair’s breadth of one of the most powerful political offices in the world, a dystopian potentiality that could have tangibly affected the lives of literally billions of people. Watching her being flawlessly lampooned – her hypocrisy and pomposity laid bare with a clarity that only comedy can achieve – felt like a gossamer lifeline of hope and sanity to which we could all cling.
Transcript of David Stockman’s Interview By Chris Martenson at Peak Prosperity
Chris Martenson: Welcome to this Peak Prosperity podcast. I am your host, Chris Martenson. It’s a central banker world and that world is increasingly volatile, deformed, and full of risks. Today, we’re speaking with a guest I am especially keen to interview, Mr. David Stockman, economic policymaker, politician, and financier. Mr. Stockman represented Southern Michigan in the US House of Representatives from 1976 to 1981 and later served as the Director of the Office of Management and Budget in the Reagan administration and was the youngest cabinet member of the twentieth century.
Since then, he has held executive positions in many of the most influential banking, buy-out, and private equity firms including the Blackstone Group and Salomon Brothers. He is author of The Great Deformation: The Corruption of Capitalism in America, which is a blunt and sometimes delightfully and deservedly scathing examination of the various fiscal and policy blunders that have degraded our current and future hopes for prosperity. Be sure to have your blood pressure medication handy as you read it because not only does it detail a litany of regulatory and policy blunders of the recent past, it reads like it was lifted from today’s headlines.
He also runs the popular and excellent website, David Stockman’s Contra Corner, where he both blogs and assembles other excellent economic content for you to read, so be sure to visit it regularly.
Welcome, David. It’s an honor to have you as our guest.
David Stockman: Very happy to be with you again, Chris.
Ophthalmologist-turned-politician Rand Paul may have a medical degree from Duke University, but the Kentucky senator and likely 2016 presidential candidate never completed his undergraduate education at Baylor University. So why did Paul assert twice yesterday that he holds two bachelor’s degrees from the institution?