{"id":3415,"date":"2012-02-02T06:10:32","date_gmt":"2012-02-02T11:10:32","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=3415"},"modified":"2012-02-02T06:10:32","modified_gmt":"2012-02-02T11:10:32","slug":"david-stockman-on-crony-capitalism-bill-moyers","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/02\/david-stockman-on-crony-capitalism-bill-moyers\/","title":{"rendered":"David Stockman on crony capitalism &#8211; Bill Moyers"},"content":{"rendered":"<p>Bill Moyers interviews investment banker and former Reagan budget director, David Stockman:<\/p>\n<div class=\"embed-vimeo\" style=\"text-align: center;\"><iframe loading=\"lazy\" src=\"https:\/\/player.vimeo.com\/video\/35372114\" width=\"400\" height=\"225\" frameborder=\"0\" webkitallowfullscreen mozallowfullscreen allowfullscreen><\/iframe><\/div>\n<p>Crony capitalism: the revolving door between Washington and Wall Street. A 53-minute video, but worth the time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bill Moyers interviews investment banker and former Reagan budget director, David Stockman: Crony capitalism: the revolving door between Washington and Wall Street. A 53-minute video, but worth the time.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,29,34],"tags":[894,945],"class_list":["post-3415","post","type-post","status-publish","format-standard","hentry","category-economy","category-the-big-picture","category-us-canada-countries-regions","tag-crony-capitalism","tag-david-stockman"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>David Stockman on crony capitalism - Bill Moyers - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"David Stockman on crony capitalism - Bill Moyers - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Bill Moyers interviews investment banker and former Reagan budget director, David Stockman: Crony capitalism: the revolving door between Washington and Wall Street. A 53-minute video, but worth the time.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/02\/david-stockman-on-crony-capitalism-bill-moyers\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2012-02-02T11:10:32+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/02\\\/02\\\/david-stockman-on-crony-capitalism-bill-moyers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/02\\\/02\\\/david-stockman-on-crony-capitalism-bill-moyers\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"David Stockman on crony capitalism &#8211; Bill Moyers\",\"datePublished\":\"2012-02-02T11:10:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/02\\\/02\\\/david-stockman-on-crony-capitalism-bill-moyers\\\/\"},\"wordCount\":45,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"keywords\":[\"crony capitalism\",\"David Stockman\"],\"articleSection\":[\"Economy\",\"The Big Picture\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/02\\\/02\\\/david-stockman-on-crony-capitalism-bill-moyers\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/02\\\/02\\\/david-stockman-on-crony-capitalism-bill-moyers\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/02\\\/02\\\/david-stockman-on-crony-capitalism-bill-moyers\\\/\",\"name\":\"David Stockman on crony capitalism - Bill Moyers - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"datePublished\":\"2012-02-02T11:10:32+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/02\\\/02\\\/david-stockman-on-crony-capitalism-bill-moyers\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/02\\\/02\\\/david-stockman-on-crony-capitalism-bill-moyers\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2012\\\/02\\\/02\\\/david-stockman-on-crony-capitalism-bill-moyers\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"David Stockman on crony capitalism &#8211; Bill Moyers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. Strategic. Unfiltered. \",\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/thepatientinvestor.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\",\"name\":\"The Patient Investor Pty Ltd\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"The Patient Investor Pty Ltd\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/profile.php?id=61572934660810\",\"https:\\\/\\\/www.instagram.com\\\/colin_thepatientinvestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\",\"name\":\"ColinTwiggs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"caption\":\"ColinTwiggs\"},\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/author\\\/colin58s\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"David Stockman on crony capitalism - Bill Moyers - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"David Stockman on crony capitalism - Bill Moyers - the patient investor","og_description":"Bill Moyers interviews investment banker and former Reagan budget director, David Stockman: Crony capitalism: the revolving door between Washington and Wall Street. A 53-minute video, but worth the time.","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/02\/david-stockman-on-crony-capitalism-bill-moyers\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2012-02-02T11:10:32+00:00","author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/02\/david-stockman-on-crony-capitalism-bill-moyers\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/02\/david-stockman-on-crony-capitalism-bill-moyers\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"David Stockman on crony capitalism &#8211; Bill Moyers","datePublished":"2012-02-02T11:10:32+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/02\/david-stockman-on-crony-capitalism-bill-moyers\/"},"wordCount":45,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"keywords":["crony capitalism","David Stockman"],"articleSection":["Economy","The Big Picture","US &amp; Canada"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/02\/david-stockman-on-crony-capitalism-bill-moyers\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/02\/david-stockman-on-crony-capitalism-bill-moyers\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/02\/david-stockman-on-crony-capitalism-bill-moyers\/","name":"David Stockman on crony capitalism - Bill Moyers - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"datePublished":"2012-02-02T11:10:32+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/02\/david-stockman-on-crony-capitalism-bill-moyers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/02\/david-stockman-on-crony-capitalism-bill-moyers\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/02\/david-stockman-on-crony-capitalism-bill-moyers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"David Stockman on crony capitalism &#8211; Bill Moyers"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. Strategic. Unfiltered. ","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5","name":"ColinTwiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","caption":"ColinTwiggs"},"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/colin58s\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-T5","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":7003,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/16\/feds-fisher-too-big-to-fail-banks-are-crony-capitalists-reuters\/","url_meta":{"origin":3415,"position":0},"title":"Fed&#039;s Fisher: Too-big-to-fail banks are crony capitalists &#124; Reuters","author":"Colin Twiggs","date":"March 16, 2013","format":false,"excerpt":"Pedro Nicolaci da Costa reports The largest U.S. banks are \"practitioners of crony capitalism,\" need to be broken up to ensure they are no longer considered too big to fail, and continue to threaten financial stability, a top Federal Reserve official said on Saturday......[Richard Fisher, president of the Dallas Fed]\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4970,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/28\/david-stockman\/","url_meta":{"origin":3415,"position":1},"title":"David Stockman","author":"Colin Twiggs","date":"July 28, 2012","format":false,"excerpt":"David Stockman, former Director of the Office of Management and Budget under President Ronald Reagan, gives Alex Daley a run-down of the Fed's performance. http:\/\/youtu.be\/jKprapaBXPo Duration 30:43","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/jKprapaBXPo\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":11237,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/10\/30\/the-index-of-cronyism-by-the-economist-a-call-for-improvement\/","url_meta":{"origin":3415,"position":2},"title":"The Index of Cronyism by The Economist","author":"ColinTwiggs","date":"October 30, 2014","format":false,"excerpt":"Alejandro Chafuen discusses the impact of crony capitalism: Unfortunately, much of the debate about cronyism is based on anecdotes and generalizations.....In the United States we have efforts, such as Subsidy Tracker, which give some idea of the problem. Subsidies feed cronyism. Known state subsidies to private business add up to\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10830,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/09\/07\/democracy-in-the-twenty-first-century-by-joseph-e-stiglitz-project-syndicate\/","url_meta":{"origin":3415,"position":3},"title":"Democracy in the Twenty-First Century by Joseph E. Stiglitz &#8211; Project Syndicate","author":"ColinTwiggs","date":"September 7, 2014","format":false,"excerpt":"From Joseph Stiglitz: What we have been observing \u2013 wage stagnation and rising inequality, even as wealth increases \u2013 does not reflect the workings of a normal market economy, but of what I call \u201cersatz capitalism.\u201d The problem may not be with how markets should or do work, but with\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10068,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/06\/22\/richard-epstein-on-thomas-piketty-iea\/","url_meta":{"origin":3415,"position":4},"title":"Richard Epstein on Thomas Piketty | IEA","author":"ColinTwiggs","date":"June 22, 2014","format":false,"excerpt":"Excellent critique by Richard Epstein, Professor Emeritus of Law and Senior Lecturer at the University of Chicago Law School, of the thesis and policy recommendations of French economist Thomas Piketty from his recent book, Capital in the Twenty-First Century. http:\/\/vimeo.com\/98657610 With voluntary bargaining, one can assume that both parties will\u2026","rel":"","context":"In &quot;Taxes &amp; Inequality&quot;","block_context":{"text":"Taxes &amp; Inequality","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/taxes-inequality\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3357,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/01\/30\/bill-moyers-how-power-and-influence-helped-big-banks-rewrite-the-rules-of-our-economy\/","url_meta":{"origin":3415,"position":5},"title":"Bill Moyers: How power and influence helped big banks rewrite the rules of our economy","author":"ColinTwiggs","date":"January 30, 2012","format":false,"excerpt":"Bill Moyers talks with former Citigroup Chairman John Reed and former Senator Byron Dorgan to explore a momentous instance: how the mid-90's merger of Citicorp and Travelers Group -- with help from Alan Greenspan, Robert Rubin and Bill Clinton -- brought down the Glass-Steagall Act and sowed the seeds of\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/3415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=3415"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/3415\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=3415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=3415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=3415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}