David Stockman Explains Why America is Facing the Perfect Financial Storm
David Stockman, who served as President Reagan's Director of the Office of Management and Budget, tells Jay Taylor why America is inevitably heading for the mother of all financial storms. While that is a frightening prospect, David also provides a glimmer of hope that the financial dictatorship of the Federal Reserve Bank will be discontinued, thus setting the stage for a possible return once again to free markets and prosperity. Jay strongly suggests listeners consider subscribing to David's blog at www.DavidStockmansContraCorner.com
David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America