Reagan insider: 'GOP destroyed U.S. economy'
Big ole hat tip to BigD_95 at Democratic Underground for pointing the way.
I read the NY Times nearly every day and totally missed this op-ed piece.
Interesting how Truth gets lost in the shuffle, isn't it?
Also interesting (to me anyway) is the use of the term "Black Swan event."
And the truth shall set you free...By Paul B. Farrell, MarketWatch
ARROYO GRANDE, Calif. (MarketWatch) -- "How my G.O.P. destroyed the U.S. economy." Yes, that is exactly what David Stockman, President Ronald Reagan's director of the Office of Management and Budget, wrote in a recent New York Times op-ed piece, "Four Deformations of the Apocalypse."
Get it? Not "destroying." The GOP has already "destroyed" the U.S. economy, setting up an "American Apocalypse."
snip
Warning: this black swan won't be pretty, will shock, soon
snip
And third, there's a depressing sense that Stockman will be dismissed as a traitor, his message lost in the 24/7 news cycle ... until the final apocalyptic event, an unpredictable black swan triggers another, bigger global meltdown, followed by a long Great Depression II and a historic class war.
So be prepared, it will hit soon, when you least expect.
http://www.marketwatch.com/story/reagan-insider-gop-destroyed-us-economy-2010-08-10?pagenumber=2