David Stockman

In the present era of 24/7 "breaking news", the journalistic information intermediated by the internet and the cable networks has largely been reduced to noise, devoid of signal. Or at least any historical context beyond the here and now. The currently threatened escalation of Washington’s economic war on Iran into an actual shooting war is … Continue reading “America Last: The Real Meaning of the Donald’s Deplorable Aggression Against Iran”

RussiaGate starts with Carter Page and ends with him, too. So forget the ballyhooed 448 pages of mostly trivia, non sequiturs, innuendo, and regurgitated Deep State agit prop, lies and smears in the Mueller Report. We will get to some of that in Part 2, but today we intend to dwell on the essence of … Continue reading “No Joy In Never-Trumpville: Mighty Mueller Has Struck Out”

Now that the giant Mueller Nothingburger (with a side of crow-flavored fries, per Jim Kunstler) has been officially delivered unto the mainstream media’s wailing and gnashing of teeth, the essence of the matter should be obvious: To wit, the RussiaGate Collusion story was always way above the pay grade of the legal sleuths and gunslingers … Continue reading “Not Mueller Time: Hey, MSM, This Dud’s For You!”

The past week has brought still more evidence that America is fiscally doomed owing to the twin burdens of the Welfare State and Warfare State. The latter, of course, is demographically and politically immovable owing to the coming tsunami of Baby Boom retirements and the absolute cowardice of the GOP when it comes to curtailing … Continue reading “Forever War, Evermore: The Congressional Left Saves NATO, Trump Goes Empire First”

There is nothing more grating than the constant sanctimonious carping by partisan Dems, beltway lifers and their mainstream media megaphones about upholding the "rule of law". Robert Mueller is held to be the very quintessence of it – meaning that his bully-boy prosecution must be permitted to grind to a conclusion unimpeded and unchallenged come … Continue reading “Mueller Mugs Again – The Roger Stone Farce”

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”