David Stockman

We’ve got NATO on our mind today because we learned this morning that the mere suggestion this obsolete relic of the Cold War should be abandoned tends to trigger an absolutely virulent outburst of Trump Derangement Syndrome in the mainstream media. As it happened we were appearing on MSNBC’s "Morning Joe" to promote our new … Continue reading “Trump Derangement Syndrome and the NATO Fetish of the Progressive Left”

The Donald has been on a red hot twitter rampage, and he’s completely justified. Actually, we didn’t think the Russian Collusion Hoax could get any stupider until we saw the New York Times‘ Friday evening bushwhack. The trio of authors, apparently self-tortured victims of the Trump Derangement Syndrome, actually had the gall to print a … Continue reading “The New Gray Lady – Comfort Woman for the War Party”

From the wailing and gnashing of teeth among the mainstream media and officialdom over General Mattis’ (welcome) departure, you would think that the Rapture had come and Washington’s ruling class was being unjustly left behind to eternal perdition. And if not that, then the Mattis Affair is alleged to be at least its secular equivalent … Continue reading “Good Riddance to General Mattis and the Rest of Washington’s Mad Dogs of War”

At Friday’s close fully 60% of the Trump Bump in the S&P 500 has been liquidated. And we have some nice round numbers to show for it. The broad market index stood at 2140 just hours before the shocking 2016 election results were reported, and rose by 800 points from there to 2940 on September … Continue reading “The Donald’s 60% Gone – But No Cigar for CNN”

Needless to say, the chart monkeys are struggling to get their footing. The S&P 500 closed 2.6% below its 50-DMA and 2.4% below its 200-DMA, but in an end-of-session stick-save it shinnied its noise a hair (o.3%) above the 50-week MA Maginot Line. That is, the market closed at 2696 – eight handles above the … Continue reading “How George H.W. Bush Blew the Peace and Donald Trump Threatens Prosperity”

You can’t build the Empire and drain the Swamp at the same time. That’s because the Swamp is largely the fruit of Empire. And it’s also the reason that the Donald is being rapidly undone. Indeed, it is the Empire’s $800 billion national security budget which feeds Washington’s vast complex of weapons suppliers, intelligence contractors, … Continue reading “The Donald Undone: Tilting at the Swamp, Succumbing to the Empire”

Read part 1 The explanation for the kind of soft-power aggression embedded in Washington globe-spanning "sanctions" regime, as we detailed in Part 1, is not national security: It’s simply what Imperial Washington does for a living. In the same vein, the billions of taxpayer money being pumped through the foreign policy agencies, NGOs, think tanks, … Continue reading “Trump: Declassify the Russia-Gate Hoax”

When the Donald promised to "drain the swamp" during the 2016 election campaign – it did sound vaguely like an attack on Big Government, and at least a directional desire to shrink the state and let free market capitalism breathe. After 22 months in office, however, the truth is patently obvious: The only Swamp that … Continue reading “Hey, Mr. Trump! Tear Down That Deep State Wall – Of Secrecy”

Read part 1, part 2, part 3, and part 4. The terrorist threat that has arisen from the Sunni side of the Islamic divide is largely of Washington’s own making; and it is being nurtured by endless US meddling in the region’s politics and by the bombing and droning campaigns against Washington’s self-created enemies. At … Continue reading “Washington’s Erroneous Notion That the Persian Gulf Is an American Lake”

Read part 1, part 2, and part 3 When 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 end. As … Continue reading “Still No Peace On Earth”