"The problems are for more the Federal Reserve, Janet Yellen, the bubbles they're creating on Wall Street, and the enormous casino gambling that's going on." - D.S. (He's then interrupted. The anchor quickly mentions "Fear of terror". Wonder why?)"I want to drain the swamp. I don't want to just fill it with other creatures who are gonna build up homeland security, border control, more money for defense, and more money for spying and national security," - D. S."We're creating terrorists all over the world; BLOWBACK. We're bombing, droning. We've destroyed the whole Middle East. Look at it.... They're rubble. There's no place to live." - D.S."Get rid of the war on drugs" - D.S. Stockman is great.
Do you think those two bozos understood ANY of what Stockman said??
Maybe not. They and CNN allowed Stockman access to their audience. That is worth being thankful for.
They can never acknowledge understanding anything David Stockman says, it would profoundly upset the producers of the show, and destroy the ability of the on air talent to be offered new contracts. The on air talent is paid to be selective in what they appear to comprehend.
Great clip. Stockman packs a lot into 5 minutes.
Truth. Excellent way to educate independent individuals about economics on a mainstream show.