Recently by David Stockman: Are We Doomed? Is Romney really a job creator? Ronald Reagan’s budget director, David Stockman, takes a scalpel to the claims. Bain Capital is a product of the Great Deformation. It has garnered fabulous winnings through leveraged speculation in financial markets that have been perverted and deformed by decades of money printing and Wall Street coddling by the Fed. So Bain’s billions of profits were not rewards for capitalist creation; they were mainly windfalls collected from gambling in markets that were rigged to rise. Nevertheless, Mitt Romney claims that his essential qualification to … Continue reading →Read More
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