David Stockman writes Sundown in America: How Crony Capitalism has Left Us State Wrecked in the 4/1/13 New York Times. Excerpts: Less than 5 percent of the $800 billion Obama stimulus went to the truly needy for food stamps, earned-income tax credits

David Stockman writes Sundown in America: How Crony Capitalism has Left Us State Wrecked in the 4/1/13 New York Times. Excerpts: These policies have brought America to an end-stage metastasis. The way out would be so radical it can’t happen. It would

David Stockman wrote a comprehensive polemic economic analysis  in the New York Times  Sundown in America: How Crony Capitalism has Left Us State Wrecked Also from the New York Times – A Gallery of  Economic Villains and Heroes as a companion piece Some retorts

David Stockman writes Sundown in America: How Crony Capitalism has Left Us State Wrecked in the 4/1/13 New York Times. Excerpts: THE state-wreck ahead is a far cry from the “Great Moderation” proclaimed in 2004 by Mr. Bernanke, who predicted that prosperity