ZeroHedge: David Stockman: “Trump Will Create A Debt Crisis Like Never Before”

Stockman: “Trump Will Create A Debt Crisis Like Never Before”

Having warned that “everything will grind to a halt on March 5th” due to the under-appreciated debt-ceiling debacle that looms over Washington, and exclaiming that “what is going on today is complete insanity,” former Reagan Budget Director David Stockman is rapidly losing faith that anything can be done… 

“I’ve thrown in the towel because he’s not paying attention and he’s not learning anything and he’s making ridiculous statements.”

Reflecting on Trump’s address to Congress, and what we know of The White House agenda, Stockman told Fox Business’ Neil Cavuto:

Read full article with graphics on looming financial crash.

We don’t need a $54 billion increase in defense when the budget already is ten times bigger than that of Russia. We don’t need $6 trillion of defense spending over the next decade because China is going nowhere except trying to keep their Ponzi scheme together.”

Stockman rejected Trump’s dynamic scoring hope…

“Trump is so deep in fiscal la-la-land, he won’t even find the wrong envelope… he is saying crazy things.”

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Mar 3

ZeroHedge: David Stockman: “After March 15 Everything Will Grind To A Halt”

David Stockman: “After March 15 Everything Will Grind To A Halt”

Two weeks after David Stockman warned that “the market is apparently pricing in a huge Trump stimulus. But if you just look at the real world out there, the only thing that’s going to happen is a fiscal bloodbath and a White House train wreck like never before in U.S. history” and exclaimed that, when looking at markets, “what’s going on today is complete insanity” he is back with another interview, this time with Greg Hunter of USAWatchdog in which he, once again warns, that a giant fiscal bloodbatch is coming soon, and urges listeners to pay especially close attention to the March 15, 2017 debt ceiling deadling, at which point everything could “grind to a halt.”  Read more.

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Mar 3

Mongoose: Insider Reports Obama Is Preparing To Take On Trump – ‘Resignation’ Or ‘Impeachment’

Mongoose

Insider Reports Obama Is Preparing To Take On Trump – ‘Resignation’ Or ‘Impeachment’

Former President Barack Obama is reassembling his team to fight President Donald Trump and attack the policies issued from the White House.

According to an exclusive report from The Daily Mail, a close Obama friend stated their goal is to “…oust Trump from the presidency either by forcing his resignation or through his impeachment.”

Read full article.

See Also:

SPECIAL: Four-Track Program to Destroy Trump

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Mar 3

Robert Steele: Donald Trump – STRIKE THREE

Categories: Government,Idiocy

Robert David STEELE Vivas

With a sigh, I believe President Donald Trump is self-destructing.  His latest decision, to increase the Pentagon budget by $54 billion is not just stupid, it is dangerous — like pouring gasoline on a fire. I will give Herbert Raymond McMaster, his so-called National Security Advisor the benefit of the doubt — anyone with intelligence and integrity would have told Trump that 50% of the Pentagon is fraud, waste, and abuse, and that we should be cutting the military budget by 30% at the same time that we restructure diplomacy, defense, development, and commerce (D3C) so as to be effective as exercising global power — a 3 million soldier army based at home, a long-haul Air Force able to deliver a heavy Army anywhere within a week, and a 450 ship Navy. So either President Trump did not consult McMaster (a good probability), or McMaster rolled over and played dead to what is assuredly the most idiotic decision President Trump has made to date.

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Feb 28