Thom Hartmann: Conversations with Great Minds with David Stockman. Part 1

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Run time: 14:30 https://www.youtube.com/watch?v=T0KQqBldXMk   Posted on YouTube: September 21, 2011 By YouTube Member: TheBigPictureRT Views on YouTube: 113   Posted on DU: September 21, 2011 By DU Member: thomhartmann Views on DU: 367

 
Tonight we have a special edition of Conversations with Great Minds is David Stockman. He is a former United States congressman - representing the state of Michigan - who was elected to three terms before stepping down to head up the Office of Management and Budget under President Ronald Reagan in 1981. He is credited with writing the Reagan Budget - and continued his work on federal budgeting through 1985. After leaving politics, David Stockman pursued a career in investment banking and joined Blackstone Group as one of its earliest partners. He is the author of the book, "Triumph of Politics: How the Reagan Revolution Failed" and his new book - tentatively titled "The Triumph of Crony Capitalism" - will explore how crony capitalism reached a peak during the recent financial meltdown. David talk to Thom about Reagan would be raising taxes right now, the republican party has gone crazy and we need to get control of the Fed.

The Big Picture with Thom Hartmann on RT TV & FSTV "live" 9pm and 11pm check www.thomhartmann.com/tv for local listings