Q&A with David Stockman

David Stockman talked about his new book, The Great Deformation: The Corruption of Capitalism in America, in which he suggested that Wall… read more

David Stockman talked about his new book, The Great Deformation: The Corruption of Capitalism in America, in which he suggested that Wall Street and the Federal Reserve had joined forces to harm the economy, punish savers, and fuel new financial bubbles that will soon burst. He said federal budget control had been surrendered to lobbyists, PACS, and special interests that block legitimate attempts to implement real spending cuts. In this interview he described his early days in Congress and his appointment to be Ronald Reagan’s director of the Office of Management and Budget at age 34. He explained the Gallery of Economic Heroes and Villains he compiled dating back to the beginning of the 20th century and how each one has improved or harmed the economy. He said he began writing the book because he was outraged in 2008 when the TARP bailout was approved, calling it a total betrayal of everything free market conservatives had been trying to do since the Great Depression. close

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*The transcript for this program was compiled from uncorrected Closed Captioning.

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Q&A with David Stockman

2,493 Views
Program ID:
311856-1
Category:
Q&A
Format:
Interview
Location:
Washington, District of Columbia, United States
First Aired:
May 5, 2013
Last Aired:
Dec 23, 2013

Airing Details

  • May 05, 2013 | 8:00pm EDT | C-SPAN RADIO
  • May 05, 2013 | 8:00pm EDT | C-SPAN 1
  • May 05, 2013 | 11:00pm EDT | C-SPAN 1
  • May 05, 2013 | 11:00pm EDT | C-SPAN RADIO
  • May 06, 2013 | 5:00am EDT | C-SPAN RADIO
  • May 06, 2013 | 5:59am EDT | C-SPAN 1
  • Dec 23, 2013 | 10:06am EST | C-SPAN 1
  • Dec 23, 2013 | 11:51am EST | C-SPAN 2
  • Dec 23, 2013 | 12:58pm EST | C-SPAN 1
  • Dec 23, 2013 | 3:43pm EST | C-SPAN 1
  • Dec 23, 2013 | 3:44pm EST | C-SPAN 2
  • Dec 23, 2013 | 5:51pm EST | C-SPAN 1
  • Dec 23, 2013 | 7:00pm EST | C-SPAN RADIO
  • Dec 23, 2013 | 7:01pm EST | C-SPAN 1
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