Economic Security

David Stockman, Ronald Reagan’s budget director from 1981 to 1985, recently stated, “I invest in anything that Bernanke can’t destroy, including gold, canned beans, bottled water and flashlight batteries.” It is shocking for most people to hear this hard-nosed survivalist mentality from a well-known Washington figure. Americans are used to constantly being told “everything is under control; we in the government know what we’re doing; trust us.” The truth is that the people in government don’t know what they are doing, that we can’t trust them and that the only thing under control is us.