The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label david stockman. Show all posts
Showing posts with label david stockman. Show all posts

Friday, February 12, 2016

Former Wall Street insider and head of the OMB calls out bank ceo’s as liars and untrustworthy

Almost eight years ago, the former CEO of Bear Stearns appeared on CNBC to say that they were fully capitalized, and had $26 billion in liquidity.  Three days later, the 85 year old institution was gone forever.
Subsequently, other long-standing banks would also fail during that tumultuous year, with executives and business news analysts lying to investors who lost everything by not getting out while their shares were still available to be traded.
Fast forward to 2016.
Germany’s largest financial institution Deutsche Bank stands on the cusp of the next ‘Lehman Moment’, and once again members of the bank, along with business analysts, are downplaying their straits as being of ‘little note’.

Read more on this article here...

Tuesday, February 2, 2016

This is the end: Bonds and Treasuries are already pricing in a Fed move into negative rates

Over the past week, respectable economists Nomi Prins and David Stockman did interviews where they unequivocally stated that THIS IS THE END, and that the Fed will very soon join Japan in instituting negative interest rates.  The result will be a boon to banks and corporations that have debt on their balance sheets, but will be a thief for anyone holding dollars in a bank or savings account.

Nomi Prins interview

David Stockman Interview

And perhaps we can also add a little music from The Doors.

Monday, September 15, 2014

Except for healthcare and education no net jobs have been created in economy

Did you ever wonder why Obamacare and Student Loans are so important to President Obama while actual employment in industries like coal, manufacturing, and computer engineering have received little or no support?  It became apparent recently when former Congressman and Director of the Office of Management and Budget (OMB) David Stockman made the bold statement on Sept. 8 that not a single net job has been created in the U.S. economy outside of healthcare and education since July of 2000.
Yes… July of 2000!
Read more on this article here...

Monday, September 10, 2012

Former budget director says Ron Paul is only man who is right about the Fed

On Sept. 10, former Reagan budget director David Stockman appeared on CNBC to talk about the economy, and the Federal Reserve.  During his nine minute interview, Stockman slammed the Republican party quite often on their fiscal policies and reiterated that Ron Paul is the only man who is right about the Federal Reserve, and its affect on the failing economy.

"Ron Paul is the only one who is right about the Fed, and the Fed is the heart of the problem. They have destroyed the capital markets and the money markets; interest rates mean nothing; everything is trading off the Fed and Wall Street isn't even home - as it's now a bunch of computers trading word-clouds emitted by this central banker and that" - Zerohedge transcript of interview

The 2012 primaries and coming election will be the result of an America that does not truly want monetary change, but simply, the ability to keep the status quo of the welfare state while not having to deal with the repurcussions of a $16 trillion debt.