from King World News
Today
David Stockman surprised King World News when he warned, “2014 is the
year of the end game.” Stockman also warned about the enormous danger
of the Fed’s continued interventions in major markets. KWN takes
Stockman’s warning very seriously because he is the man former President
Reagan called on in 1981, during that crisis, to become Director of the
Office of Management and Budget. Below is what Stockman had to say in
part I of a series of powerful interviews that will be released today.
Eric King: “David, I wanted to ask you about the Fed’s manipulation
of the markets. They have a massive trading room where they are
essentially ‘managing’ these markets, to use a polite term. What is the
difference between that (what the Fed is doing) and the banks’ criminal
manipulation in fixing the LIBOR?”
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