David Stockman

Speaker Johnson’s ignominious betrayal of fiscal sanity might well be the death knell for the GOP. He is apparently risking his speakership on behalf of $95 billion of foreign aid boondoggles that Uncle Sam cannot remotely afford, and which actually provide zero benefit to the homeland security of America. And we do mean zero, as … Continue reading “Speaker Johnson’s Ignominious Betrayal of Americans on Behalf of the War Party”

Holy Moly! Just imagine if Washington discovered Russia or China had placed 12 spy stations on the Texas border. The beltway pols already foaming at the mouth about the alleged hordes of Nigerians, Albanians, Chinamen and commie agents of Cuba and Daniel Ortega already bursting through America’s borders would be splitting a gut or even … Continue reading “Washington DC: War Capital of the World”

Here we go again. The “Joe Biden” thing just started another war in Yemen without a constitutionally compliant declaration by Congress. And it/they did so against a rag-tag tribe of desert insurgents who cannot possibly harm the liberty or security of the American homeland. After all, the most fearsome missile possessed by the Houthi is … Continue reading “To Hell With Fighting the Houthis!”

This is part 3 of “Why There Is Still No Peace on Earth: Washington’s Folly From The Persian Gulf to Ukraine.”  Read part 1. Read part 2. Another Christmas and there is still no peace on earth. And the proximate cause of that vexing reality is the $1.3 trillion Warfare State planted on the banks … Continue reading “No Peace on Earth? Blame Woodrow Wilson”

The graph below embodies a shit-ton of modern political, policy and financial history, even if on the surface its seems prosaic enough. Literally, it tracks in 2023 dollars of purchasing power the rise of the public debt since 1966. To be sure, 1966 did have some claim to being an inflection point in modern fiscal … Continue reading “The Neocon Rot in the GOP Empowered the Warfare State”

This is part 2 of “Why There Is Still No Peace on Earth: Washington’s Folly From The Persian Gulf to Ukraine.”  Read part 1. THE FIRST GULF WAR – A CATASTROPHIC ERROR Confronted with the greatest opportunity for global peace in nearly a century, George H. W. Bush did not hesitate:  Upon the advice of … Continue reading “How American Neocons Wrecked the Middle East and Ukraine”

After the Berlin Wall fell in November 1989 and the death of the Soviet Union was confirmed two years later as Boris Yeltsin courageously stood down the Red Army tanks in front of Moscow’s White House, a dark era in human history came to an abrupt end. The world had descended into a “77-Years War”. … Continue reading “Reflections on Another Truce: Why There Is Still No Peace on Earth”

When you are faced with an existential threat to your very national survival, this is what you do. You mobilize your economy for all-out struggle and impose heavy-duty “War Taxes” to pay for a dramatic build-up of military capabilities. For instance, between 1939 and 1945 Federal government receipts rose nearly seven-fold – from $6 billion … Continue reading “Uncle Sam Doesn’t Have One Thin Dime for Joe Biden’s $106 Billion War Package”

What a day for another $106 billion imperial boondoggle. There is not one dime in “Joe Biden’s” war package that enhances the safety and security of the American homeland, yet all of it is being blithely charged to Uncle Sam’s vastly over-extended credit card. Nor should you take our word for it. What’s left of … Continue reading “Joe Biden’s Hideous $106 Billion War Package”

This is part 3 in a series.   Read part 1 here.  Read part 2 here. When the Cold War officially ended suddenly in 1991 Washington had one more chance to pivot back to the pre-1914 status quo ante. That is, to a national security policy of Fortress America  because there was literally no significant military … Continue reading “Why the American Empire Was Expanded to Ukraine and Taiwan”