Stockman's Corner

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The Goldman Tapes And Why The Delusion Of Macro-Prudential Regulation Means The Next Crash Is Nigh

Not 10,000 Carmen Segarra's could stop the boom and bust cycle thus manufactured by the money printers ensconced in the Eccles Building. Stanley Fischer's financial stability committee, therefore, is not merely a pointless farce. Its evidence that the next financial crash is nigh.

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Peak Debt----Why The Keynesian Money Printers Are Done

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Welcome To Barack Obama's Syrian Gong Show

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The Fed's Credit Channel Is Broken And Its Bathtub Economics Has Failed

This return to the supply side, of course, means that our monetary politburo is out of business; that "monetary accommodation" is nothing more than a one time parlor trick of central bankers. Unfortunately, like the real politburo in the Kremlin, the incumbents in the Eccles Building will not desist until they are finally chased from office by a massive uprising of the people-----that is, the savers, workers and entrepreneurs of America who have been shafted by the bubble finance policies of our monetary central planners.

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The Tower Of Babel Comes To Paris: The Folly Of Obama's "War" On ISIS

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They Do Ring A Bell At The Top: Alibaba Proves Wall Street Is Off Its Rocker

They do ring a bell at the top.......On Friday Alibaba gained $65 billion of market cap in 5 minutes! And that was on top of the $170 billion IPO price—-a valuation that was not all that shabby to begin with. In fact, BABA weighed in for the opening bell at 20X the $8.6 billion in sales reported for its LTM financial results.

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Jack Lew Has No Clue: Things Are Coming Unglued

Obscured by stock market hoopla, and under the leadership of our fearless Treasury Secretary Jack Lew, the G-20 finance honchos fret about faltering global growth....

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Newsflash To Fed: 122 Billion Bottles Of Beer On The Wall Is About Asset Bubbles, Not Jobs

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Jobs Friday----When Bubblevision Misses The Epic Failure Of The US Labor Market

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The Everlasting Impossibility Of Obama's Syrian Adventure

There are other reasons why many in Congress are reluctant to vote funds to train and arm Syrian rebels. First, as the president has said, it is still “somebody else’s civil war.”

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David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.