David Stockman: 'The United States Of Insolvency'

Two minutes of must see television.

'The fiscal cliff settlement actually added $4.5 trillion to the deficit over the next 5 years, so the sequester is a good thing.  Defense spending is out of control.  Neither party has faced up to the need to take on the military industrial complex or entitlements.'

Feb. 4 (Bloomberg) -- Former Reagan OMB Director David Stockman discusses the need to balance the federal budget.

Comments

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[DailyBail]

Did You See This Tweet from Donald Rumsfeld?

http://nation.foxnews.com/defense-cuts/2013/02/07/did-you-see-tweet-donald-rumsfeld?cmpid=NL_FiredUpFoxNation#ixzz2KFWptW21

Rummy is wrong. Defense should be cut AND federal employees should be cut.

[SKINFLINT]

Just why in hell can't anyone listen to this guy. Happens all the time. Someone calls a spade a spade and the next thing you know they are considered a pariah. Cheyenne is right also. There really is not any kind of democrat to suggest that anything less than the party line is acceptable. Just completely boggles the mind really. Christamighty.

[SKINFLINT]

I don't get Rumsfeld. Isn't he the one who established the notion that the military was it's own worst enemy, then set about setting up private corporations to do just that? Cmon, Rummy. In or out.

[Josie]

The Davids (Stockman and Walker) are, unfortunately, just a few voices of reason who get play on MSM. I wish they had a constant forum for their sense...