Editor, David Stockman's Contra Corner
Contributor's Links: David Stockman's Contra Corner

David A. Stockman is the ultimate Washington insider turned iconoclast. He began his career in Washington as a young man and quickly rose through the ranks of the Republican Party to become the Director of the Office of Management and Budget under President ... more


Red Ponzi's Winning The Corporate Debt Race With The U.S.
The US corporate debt of $15 trillion pales compared to China’s corporate debt of $19.7 trillion.
The Great Student Debtberg Since 2006: Loans Outstanding Up 3X, Delinquent Debt Up 8X
From 2006 to 2018, total outstanding U.S. student loans surged over 200% from $521 billion to $1.57 trillion.
Broken Trend Lines - Attention Needs Be Paid!
Sure enough, the Dow fell 296 points or 1.2% on Friday, while the S&P 500 fell 1.7%, which confirms the technical breakdown under the important trendline that formed in early 2016.
Thanks, Donald! Record Buybacks Are Making Wall Street Giddy Again
Thanks to the President Trump's policies, there has been a buyback explosion as illustrated by this chart which shows the dollar value of share repurchase announcements, by year.
When Net Trade And Inventory Pull-Forwards Give You A 4.6% GDP Gain---Here's What Comes Next
This chart says it all...
The Market's Little Helper: S&P 500 Dividends And Buybacks Hit $1 Trillion Annual Rate In Q1
Sometimes one chart can say it all.


GOOG Alphabet Inc. (Google)
HAL Halliburton Company
MSFT Microsoft Corporation
XOM Exxon Mobil Corporation



Latest Posts
Savings-Not Tariffs Will Make America Great Again
Instead of trying to strong-arm trading partners into better “deals,” Trump should be creating an environment for the re-industrialization of the economy. The first step in such a policy must start with savings which is the key to economic growth.
Auto Sales Tumble After Car Makers Slash Cash On The Hood
Today, we may have found the dynamo that drove purchases to a plateau of between 17 and 18 million units over the past three years: pervasive dealer discounts and incentives.
A Red Ponzi, Truly-China's Staggering Debt Vs. Soon-To-Be-Shrinking Population
Neither the fact that China’s bank balance sheets amount to more than 600% of GDP nor the fact that they have doubled in terms of percentage of GDP in the past several years suggests a healthy development.
Chart Of The Day: Not To Worry! Junk Bond Yield Premium Narrows To Three Year Low
In today's chart of the day, view how the junk bond yield premium is at a three year low.
The Donald Nailed It: “We Are In A Big Fat Ugly Bubble”
Most of the 90 minutes last night was a waste—with both candidates lobbing well-worn clichés, slogans and sound bites at the audience and each other. But there was one brief moment that made it all worthwhile.
Chart Of The Day: Eliminate Drug And Immigration Laws—Empty The Federal Prisons
David Stockman features an eye-popping chart that highlights a solution to prison overcrowding and saving taxpayer money.
Bloodlust Of The Neocons—Bill Kristol’s Mendacious Claptrap On The Iran Deal
Bill Kristol is the epitome of the neocon mindset: cultivating a staid and urbane image while writing the most unhinged and mendacious claptrap.

Work Experience

Owner, Editor
David Stockman's Contra Corner
March 2014 - Present (5 years 2 months)
David Stockman's Contra Corner is the place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked
Collins & Aikman Corporation
2003 - 2005 (2 years 4 months)
Heartland Industrial Partners
1999 - 2005 (6 years 5 months)
Blackstone Group
1988 - 2001 (13 years 6 months)
Salomon Brothers
1986 - 1988 (2 years 4 months)
Director of the Office of Management and Budget
Executive Office of the President of the United States
1981 - 1985 (4 years 4 months)
United States House of Representatives
1977 - 1981 (4 years 4 months)


Harvard University
1974 / 1975
Graduate Studies
Harvard University
1968 / 1970
Graduate Studies
Michigan State University
1965 / 1968


The Great Deformation: The Corruption of Capitalism in America
David Stockman
The Great Deformation is a searing look at Washington’s craven response to the recent myriad of financial crises and fiscal cliffs. It counters conventional wisdom with an eighty-year revisionist history of how the American state—especially the Federal Reserve—has fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. These forces have left the public sector teetering on the edge of political dysfunction and fiscal collapse and have caused America’s private enterprise foundation to morph into a speculative casino that swindles the masses and enriches the few.
David Stockman
As Director of the Office of Management and Budget in the early 1980s, David Stockman was a chief architect of the Reagan Revolution—a bold plan to cut taxes and reduce the scope and cost of government. The Triumph of Politics was Stockman’s frontline report of the miscalculations, manipulations, and political intrigues that led to its failure. A major publishing event and New York Times bestseller in its day, The Triumph of Politics is still startling relevant to the conduct of Washington politics today.
David Stockman's Contra Corner
David Stockman
David Stockman
David Stockman's Contra Corner is the place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked.