David Stockman Warns "Dread The Fed!" - Sell The Bonds, Sell The Stocks, Sell The House

Zero Hedge ^ | 12-18-2015 | David Stockman - Tyler Durden

[blam]

"He should put up billboards around the country and warn everyone, "The End is Near", but tell them not to worry, those who subscribe to his newsletter will be evacuated in Golden Huey Helicopters before the SHTF. "

Dang! You weren't suppose to mention the helicopters.

[NorthMountain]

Our national debt is now around 20 trillion,

That's just the money already borrowed and spent. It's not the whole story. It doesn't include legally mandated future expenditures on various income assistance programs (welfare), social security, medicare, and medicaid. That all supposedly adds up to $200 trillion.

[Arm_Bears]

All this over a quarter-point rate hike?

[SierraWasp]

"Stockman has claimed the sky is falling for five years."

This knuckle headed nerd has been verbalizing the dubious Demonicrat doubting mantra, during and ever since he served as budget director in the Reagan Administration!!!

That's now a whole lot more than just "five years."

[LongWayHome]

Yup....the gang on Wall Street is so spoiled by their easy money that it’s like trying to break a crack addiction.

[Fightin Whitey]

Yes and every few weeks the Obama administration tells us how marvelously the economy is performing.

You’re on board with Obama apparently.

I think Stockman is a lot closer to the mark.

[clearcarbon]

All of comrade obama’s so-called accomplishments are biodegradable. Exposed to enough light they’ll inevitably crumble to dust.

[jdsteel]

“We suck less than everyone else.”

Ding Ding Ding...we have a winner!

[jdsteel]

“We are lucky our currency is the world’s currency.”

And exactly why do you think that is true? Having the worlds currency is a mixed bag of good and bad, and every other country hasn’t crashed and burned because they aren’t. As a matter of fact a strong dollar that is linked to commodities isn’t always a good thing.