Paul Craig Roberts – David Stockman Did Not Listen And Propaganda Has Prevailed

http://kingworldnews.com/paul-craig-roberts-david-stockman-did-not-listen-and-propaganda-has-prevailed/

David Stockman – We Are Now Entering The Terminal Phase Of The Global Financial System That Will End In Total Collapse

http://kingworldnews.com/david-stockman-we-are-now-entering-the-terminal-phase-of-the-global-financial-system-that-will-end-in-total-collapse/

David Stockman – Yes, Western Governments Do Plan To Steal Money As The Financial System Collapses

http://kingworldnews.com/david-stockman-yes-western-governments-plan-to-steal-money-as-financial-system-collapses/

David Stockman Warns "It's One Of The Scariest Moments In History"

http://www.zerohedge.com/news/2015-03-01/david-stockman-warns-its-one-scariest-moments-history

David Stockman – World Central Banks Are On The Edge Of Desperation And Carnage Is Coming Soon

http://kingworldnews.com/david-stockman-world-central-banks-edge-desperation-carnage-coming-soon/

The Epochal Consequences Of Woodrow Wilson’s War

http://davidstockmanscontracorner.com/the-epochal-consequences-of-woodrow-wilsons-war/

David Stockman On Black Swans & The U.S. War With Russia

I agree with Stockman's opinion on the illogical and dangerous US foreign policy of encroachment on Russia.  But I do disagree with this part:

“There was no reason to expand NATO all the way through eastern Europe — adding 14 new countries since the Cold War ended — coming all the way to the border of Russia, creating tensions and antagonisms that have no reason to exist."

There were reasons--nefarious and misguided notwithstanding.  China needs energy, and it has secured energy sources from Russia.  The BRICS countries have the population, the natural resources, and are generally more solvent than the over-indebted western powers.  Current US policy of agitating Russia is an affront against both superpowers China and Russia.

So there are reasons behind the US' "war against Russian aggression."  But it doesn't make the campaign against Putin moral, and it will end up being disastrous.

http://kingworldnews.com/david-stockman-black-swans-u-s-war-russia/

David Stockman Fears "Panic" When The "Lunatic" Fed "Loses Control"

Well, David Stockman certainly isn't drinking the Kool-Aid.  I agree with him, but timing bursting of asset bubbles is never easy to do.  As exaggerated as asset prices are in equities, they can become stretched to even more irrational levels in a melt up.

Even if nominal values appreciate, if the sovereign fiat currency in question is in a free fall, real wealth is not achieved.  For example, if soaring stock markets are an accurate indicator of prosperity, Zimbabwe would be the wealthiest nation in the world.  Clearly, that is not the case for the former advanced economy of the once-prominent Rhodesia.

Stockman's case for the Fed exporting currency devaluation to other countries is absolutely true, as central bank balance sheets are exploding globally.  Jim Rickards wrote his best-selling Currency Wars on that very premise of a race to the bottom.  Currency wars never end well, but when the entire planet is doing it (which is unprecedented in world history), the outcomes may very well be our worst nightmare economically.

http://www.zerohedge.com/news/2013-11-27/david-stockman-fears-panic-when-lunatic-fed-loses-control

David Stockman - Lunatic Fed Engineering Global Collapse

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/11/15_David_Stockman_-_Lunatic_Fed_Engineering_Global_Collapse.html

David Stockman - The Crisis Today Is Far Worse Than 1981

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/4_David_Stockman_-_The_Crisis_Today_Is_Far_Worse_Than_1981.html

David Stockman - This Financial Collapse Will Be Catastrophic

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/4_David_Stockman_-_This_Financial_Collapse_Will_Be_Catastrophic.html

Eric King:  “How frightening will that period of chaos you just described be for investors?”

Stockman: “There is every reason to believe that it will be outside the range of prior experience.  Once it is clear that the Fed is out of ammunition, I think it’s going to cause an even greater wave of panic than we had last time (in 2008).  I think it’s a ship of fools (the Fed).  They have enormous power over the entire financial system, not only domestically, but over the entire global system.  It tells you why this doctrine of monetary central planning is so destructive and dangerous.  No twelve people should be in a position to unleash this kind of turmoil.”

Eric King:  “In the 1970s we saw the 25-fold move in gold, before you guys (Stockman, Volcker & Dr. Roberts) rescued the system.  But this time around we’ve already seen gold up almost 800% (at the peak in 2011).  It almost sounds like gold could repeat or even outperform what we saw in the 1970s as this chaos really starts to unfold.”

Stockman:  “The upside for gold is unfathomable.  If the monetary system really unwinds because the central banks take it to the edge, and over, there’s no telling how far gold could rise.”

David Stockman on "Calamity Jane" Yellen

http://bloom.bg/1aTbcH4#ooid=w4MmdvZTrv3YYtHTiImeN7yaiRS46EY4

David Stockman - Expect Financial Collapse & Flight To Gold

David Stockman is the former Director of the Office of Management and Budget (OMB).  He is part of the status quo that would presumably not rock the "big government" boat.  In other words, he is not a lunatic fringe blogger.  Read what he has to say about our out-of-control government finances and his opinion on gold.  Be forewarned--this is a must-read.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/7/22_David_Stockman_-_Expect_Financial_Collapse_%26_Flight_To_Gold.html

David Stockman: "The Error Of Central Banking Has Become Universal"

http://www.zerohedge.com/news/2013-05-30/david-stockman-error-central-banking-has-become-universal

David Stockman On The New Deal Myths Of Recovery

http://www.zerohedge.com/news/2013-05-12/david-stockman-new-deal-myths-recovery

State-Wrecked: The Corruption of Capitalism in America

http://www.nytimes.com/2013/03/31/opinion/sunday/sundown-in-america.html?pagewanted=all&_r=1&

David Stockman: "We've Been Lied To, Robbed, And Misled"

http://www.zerohedge.com/news/2013-03-31/david-stockman-weve-been-lied-robbed-and-misled

David Stockman On "The Great Deformation" And The US Treasury As "The M&A Department Of Goldman Sachs"

David Stockman bashes the GOP and Democrats with equal aplomb.

http://www.zerohedge.com/news/2013-03-12/david-stockman-great-deformation-and-us-treasury-ma-department-goldman-sachs

How Crony Capitalism (Or The 'Undiluted Lunacy' Of The Fed) Corrupts The Free Markets

http://www.zerohedge.com/news/2012-09-27/how-crony-capitalism-or-undiluted-lunacy-fed-corrupts-free-markets

David Stockman: Bernanke Resembles ‘Arsonist Lecturing on Fire Prevention’

http://www.moneynews.com/StreetTalk/Stockman-Bernanke-Fed-arsonist/2012/02/07/id/428643

“Bernanke testifying on the budget is about as credible as an arsonist lecturing on fire prevention,” Stockman tells Yahoo.

“They’ve crushed interest rates, they’ve flattened the yield curve, they’ve made financing the deficit almost pain free. When you do that, you totally eviscerate any resolve on Capitol Hill to face down this monster.”

Congress won’t act on cutting the deficit unless it fears the consequences of not acting, Stockman says. “If you’ve got the Fed chairman saying interest rates will be zero through 2014, why is anyone going to worry?”

Bernanke has put the economy at risk, Stockman says. “We have a central bank run by a Keynesian who thinks you can print your way to prosperity. That’s why we’re in such trouble and why the Bernanke Fed is a clear and present danger for any hope of economic recovery.”