David Stockman

Welfare Queens Down On The Farm, Part 1

President Reagan once said that “a government bureau is the nearest thing to eternal life we’ll ever see on this earth”, and he could not have been more on point. For instance,…

By David Stockman

The Mighty Orange Casey Strikes Out

Trumpety’s prime-time address Thursday night presented newly declassified intelligence, claiming it was powerful evidence of deep vulnerabilities and foreign interference in…

By David Stockman

Cool Your Jets, Secy Bessent—The Chicoms Are Mainly Conventional Competitors, Not IP Thieves

Treasury Secretary Scott Bessent recently took to X to declare what amounts to economic war on China: “Open source is not open season on American IP. When [Chinese] firms conduct…

By David Stockman

Fake Money And The Statist Trojan Horse Called The Clarity Act, Part 2

In Part 1 we established the key foundational points with respect to Crypto World: Namely, that Bitcoin and its speculative cousins are not money in any meaningful sense. They…

By David Stockman

Fake Money In The Land Of Crypto, Part 1

Let’s start with the axiomatic: Bitcoin and its multitudinous crypto cousins are not money. They’re yet just another speculative asset class promoted by the Wall Street casino to…

By David Stockman

Trump Goes Full Smoot-Hawley Retard……Literally!

If the Donald’s Big Beautiful Tariffs were the key to revitalizing America’s manufacturing sector, you wouldn’t see anything like the graph below. To wit, the index of US…

By David Stockman

Speaker Johnson’s Abomination: Red Herrings, Red Ink And Repurposed Reconciliation

The Washington-based GOP is no longer even remotely fit for purpose. That’s because in the modern world the job of the conservative party is always and everywhere to function as…

By David Stockman

Orange Casey Strikes Out!

Trumpety’s prime-time address Thursday night presented newly declassified intelligence, claiming it was powerful evidence of deep vulnerabilities and foreign interference in…

By David Stockman

Behold. The Only Chart That Really Matters!

By David Stockman

Humpety-Trumpety’s Great Big Fall

There has never been a more foolish Oval Office decision than the Donald’s order to the US armed forces to join Israel’s blatant aggression against Iran on February 28th. And to…

By David Stockman