Friday, November 5, 2010

David Stockman On Politics And The Fed

23 seconds into this interview, David Stockman says, "I think there is one small good thing that happened. Ron Paul is going to be chairman of the subcommittee that has jurisdiction over the Fed. I can't wait for the hearings."

David Stockman later says, "The Fed is injecting high grade financial heroin into the system and one of these days it's going to kill the patient."