I think everybody in this generation, and I'm the leading edge of the baby boom - I was … - David Stockman

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Letting go of our suffering is the hardest work we will ever do. It is also the most fruitful. To heal means to meet ourselves in a new way -- in the newness of each moment where all is possible and nothing is limited to the old.

David Stockman

I think everybody in this generation, and I'm the leading edge of the baby boom - I was born in 1946 - has benefitted from a 30-year explosion of debt, which created temporary but unsustainable economic prosperity and a financialization of the system through lower, and lower, and lower interest rates that has created massive rewards to speculation but not real investments so I benefitted from it. Almost everyone who has been in the market has benefitted but they didn't earn it.

Baby, Real, Thinking, Explosion, Speculation, Investments

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Then, when the Fed's fire hoses started spraying an elephant soup of liquidity injections in every direction and its balance sheet grew by $1. 3 trillion in just thirteen weeks compared to $850 billion during its first ninety-four years, I became convinced that the Fed was flying by the seat of its pants, making it up as it went along. It was evident that its aim was to stop the hissy fit on Wall Street and that the thread of a Great Depression 2. 0 was just a cover story for a panicked spree of money printing that exceeded any other episode in recorded human history.

Elephants, History, Panicked, Printing, Wall, Years

If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing.

Cuts, Cutting, Politician, Politicians, Republican, Thing

I invest in anything that Bernanke can't destroy including Gold, canned beans, bottled water and flashlight batteries.

Water, Gold, Batteries, Invest, Including

Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all.

Ideas, Brilliant, Great Depression, Scholar, True

In short, Mr. Ryan’s plan is devoid of credible math or hard policy choices. And it couldn’t pass even if Republicans were to take the presidency and both houses of Congress. Mr. Romney and Mr. Ryan have no plan to take on Wall Street, the Fed, the military-industrial complex, social insurance or the nation’s fiscal calamity and no plan to revive capitalist prosperity — just empty sermons.

Empty, Hard, Math, Military, Nations, Wall