I invest in anything that Bernanke can't destroy, including gold, canned beans, bottled water and flashlight batteries.
David StockmanIn short, Mr. Ryanโs plan is devoid of credible math or hard policy choices. And it couldnโt pass even if Republicans were to take the presidency and both houses of Congress. Mr. Romney and Mr. Ryan have no plan to take on Wall Street, the Fed, the military-industrial complex, social insurance or the nationโs fiscal calamity and no plan to revive capitalist prosperity - just empty sermons.
David StockmanI think everybody in this generation, and I'm the leading edge of the baby boom - I was born in 1946 - has benefitted from a 30-year explosion of debt, which created temporary but unsustainable economic prosperity and a financialization of the system through lower, and lower, and lower interest rates that has created massive rewards to speculation but not real investments so I benefitted from it. Almost everyone who has been in the market has benefitted but they didn't earn it.
David Stockman