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Ex-Reagan Budget Director Charged
Federal prosecutors announced conspiracy and securities and bank fraud charges this morning against Reagan-era budget director David A. Stockman, accusing the former Republican lawmaker of misleading investors about the finances of a troubled Michigan auto parts company.
When Stockman was head of OMB under Reagan he said in an interview: “None of us really understands what’s going on with all these numbers.”
The more things change….
But Reagan was a GOD.
Well, this pretty much puts a bow on it.
I read Stockman’s book, Triumph of Politics, back when I was in high school, which was one of the main reasons that I became an avid Republican. In it, Stockman argues that Reagan Republicanism failed not because Reagan’s fiscal policies were too harsh but because they were not harsh enough.
I readily admit to my errors and realize that most of the people talking about the glory of the Reagan years were either charlatans or liars. Stockman is just the latest snakeoil salesman to reach infamy.
What explains the failure of the mainstream media to cover the purge scandal for so long, and so many other scandals? Do you think somebody just set up newspaper editors to cheat on their wives, and threatened to tell if the editors wouldn’t play ball when they come back some day and ask for something?
It wouldn’t be that hard to do, when you think about it. People wouldn’t talk about it.
This case goes back to 2005. Pres. Reagan was dead a year, and his administration had come to an end in JAN 1989. You may only be parroting WaPo, but calling this a “Reagan Administration scandal” is ridiculous.
Stockman was or wasn’t a Reagan administration official? This is not a trick question.
Oliver: Do I really have to tell you that Stockman’s having been in the Reagan administration, doesn’t somehow retrofit the Reagan administration as corrupt?
So, I repeat, calling this a “Reagan administration” scandal is ridiculous.
Iran Contra is the one that fits into party of corruption, right?
merlallen: That’s up to you. I would say that since “no politicians were enriched in the making of that ’scandal’” — no.
See, I don’t define “scandal” as “upset liberals”.