24 Quotes by David Stockman

Do you realize the greed that came to the forefront? The hogs were really feeding. The greed level, the level of opportunism, just got out of control... The power of [big business and the rich] turned out to be stronger than I realized. [They] know how to make themselves heard. The problem is, unorganized groups can't play in this game.

I invest in anything that Bernanke can't destroy including Gold, canned beans, bottled water and flashlight batteries....

If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing.

Kemp-Roth was always a Trojan horse to bring down the top rate.

I don't think that Mitt Romney can legitimately say that he learned anything about how to create jobs in the LBO (leveraged buyout) business. The LBO business is about how to strip cash out of old, long-in-the-tooth companies and how to make short-term profits. All the jobs that he talks about came from Staples. That was a very early venture stage deal. That, you know they got out of long before it got to its current size.

I'm just not going to spend a lot of political capital solving some other guy's problem in 2010.

Insanity has infected all the central banks of the world.

A veritable incubator of short cuts, schemes and devices to overcome the truth.

One thing is certain. At some point global investors will lose confidence in our (U.S.) easy dollars and debt-financed prosperity, and then the chickens will come home to roost.