Hey everybody, I'm really looking forward to today's podcast. My guest is really a titan

somebody who I spent a lot of my youth regarding as the kind of Darth Vader of cutting social

programs and environmental programs for the Reagan White House. But I now regard him,

the more and more that I see him recently, it's very strange. I remember reading, I think it was

Lewis who talked about people of one generation who are great enemies, actually find themselves

very aligned in the face of subsequent generations. And I feel that we have reached that this kind

of weird alignment where every time I hear David Stockman, voice on TV or read an article about him,

I find myself nodding my head and he's talking about the same kind of things I'm talking about.

This outrageous debt that is destroying middle class, that is threatening American democracy,

the client of America into a warfare state abroad, an imperial abroad, a surveillance state,

these huge acts in wealth that, you know, between the middle class and the rich, that I think

democracy is makes democracy unsustainable by every kind of, you know, political science,

that's been done in history. You cannot have a democracy when there are these huge aggregations

of wealth above and then widespread poverty below. I really am looking forward to this talk. Let me

give a little biography, David Stockman was elected as a Michigan Congressman in 1976 and joined the

Reagan White House in 1981 serving as budget director. He was one of the key architects of the Reagan

Revolution plan to reduce taxes, cuts spanning and shrink the role of government. He joined Solomon

brothers in 1985 and later became one of the early partners of the black zone group. During nearly two

decades of black zone and at a firm, he founded a hardland industrial partners. Stockman was a private

equity investor. He used the author three best selling books, The Triumphs, The Politics,

why the Reagan Revolution failed. And that's 1986, The Great Deformation, The Corruption of Capitalism

in America in 2013, trumped a nation on the brink of ruin and how to bring it back 2016

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