Wednesday, March 28, 2007

Stockman Speaks

David Stockman did an interview with Larry Kudlow on CNBC.

Speaking out *after* he was indicted.

CNBC journalists looked suprised and impressed that Kudlow asked him "pointed" questions - then they concede that they worked together in the Reagan administration, that they've been friends for decades, and that Kudlow treated Stockman with "deference".

But they believe Stockman made good points. I'm shocked.

Stockman says it wasn't some like WorldCom or some pump and dump operation, but it's all the fault of the vicious Big Three auto makers.


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