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Topic: David Stockman


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  David Stockman - Wikipedia, the free encyclopedia
David Alan Stockman (born November 10, 1946) is a U.S. politician and businessman, serving as U.S. Representative from the state of Michigan 1977-1981 and as the Director of the Office of Management and Budget 1981-1985.
Stockman was born in Fort Hood, Texas and educated in the public schools of St.
Stockman was elected to the United States House of Representatives for the Ninety-fifth Congress and was reelected to the Ninety-sixth and Ninety-seventh Congresses, serving from January 3, 1977, until his resignation January 27, 1981 to accept appointment as Director of the Office of Management and Budget under U.S. President Ronald Reagan.
en.wikipedia.org /wiki/David_Stockman   (851 words)

  
 The Education of David Stockman
Stockman's agency did in a few weeks what normally consumes months; the process was made easier because the normal opposition forces had no time to marshal either their arguments or their constituents and because the President was fully in tune with Stockman.
Stockman's analysis was borne out a few weeks later, in early April, when the Senate adopted its first budget-cutting measures, 88-10, a package close enough to the administration's proposals to convince Stockman of the vulnerability of "constituency-based" politics.
Stockman, with his characteristic ability to adjust his premises to new political realities, at first insisted that the White House cave-in on the business-depreciation issue was of no consequence to his budget problems, since the major impact of the concessions would hit the period 1985 and 1986, beyond the budget years he was struggling with.
classes.maxwell.syr.edu /hst341/Greider.htm   (16273 words)

  
 Read
Stockman, who now specializes in corporate buyouts, is apparently an example of the latter.
Stockman's venture may startle those who remember his combative style in Washington politics, but he impressed labor people with some of the deals he did for the Blackstone Group of Wall Street.
David made his presentation to the trustees of the [Steelworkers] pension fund, labor and management, and asked for $10 million.
www.slate.com /toolbar.aspx?action=read&id=2087957   (783 words)

  
 stockman.htm
While David Stockman would speak passionately against the government in Washington and its self-aggrandizing habits, there was this small irony about his siblings and himself: most of them worked for government in one way or another, protected from the dynamic risk-taking of the private economy.
Stockman was anxious to win fast approval for them, before the new Cabinet officers were fully famillar with their departments and prepared to defend their bureaucracies.
Stockman believed that any compromise on a program that ought to be eliminated--funding that would phase it out over several years--was merely a political ruse to keep it alive, so it might still be in existence a ten years hence, when a new political climate could allow its restoration to full funding.
www.csulb.edu /~astevens/posc429/files/stockman.htm   (6052 words)

  
 David A. Stockman   (Site not responding. Last check: 2007-10-15)
David A. Stockman was formerly a senior managing director of The Blackstone Group, a highly successful private equity group.
Stockman led ten investments with a combined transaction value of $10 billion and generated gains of nearly $1.2 billion or a multiple of 3.0X invested capital and a gross IRR of 82 percent on realized deals.
Stockman served as the director of the Office of Management and Budget in the Reagan Administration and was the youngest Cabinet member of the twentieth century.
www.heartlandpartners.com /management/bios/david_stockman.shtml   (266 words)

  
 stockmn2.html
Stockman's analysis was borne out a few weeks later, in early April, when the Senate adopted its first budget-cutting measures, 88-10, a package close enough to the administration's proposals to convince Stockman of the vulnerability--constituency-based--politics.
Stockman pondered this question occasionally but since there u as no obvious remedy, no intellectual construct available that would make sense of this anarchical universe, he was compelled to shrug at the mystery and move ahead.
Stockman agreed that he was, and conceded that his own original conceptionÄthat dramatic political action would somehow alter the market-place expectations of continuing inflationÄhad been wrong.
www.csulb.edu /~astevens/posc429/files/stockmn2.htm   (3442 words)

  
 The Harvard Crimson :: Opinion :: The Politics of Schmoozing
It was at Harvard that Stockman mounted the first rung on the the ladder up to his current, ridiculously well-paid position with the head gnomes of Wall Street, Salomon Brothers.
Stockman read everything Moynihan wrote, including his private files, and used the Moynihans to get into a seminar journalist David Broder was teaching, who in turn connected Stockman to the John Anderson team in Washington.
Stockman's confessions about supply-side economics in the famous Atlantic article, "The Education of David Stockman" was perhaps the best example.
www.thecrimson.com /article.aspx?ref=149274   (846 words)

  
 Stockman Returneth
Stockman was the enfant terrible who implemented the supply-side agenda and promised to achieve the improbable--reduce taxes dramatically and double defense spending, while cutting other federal programs sufficiently to produce a balanced budget.
My private sessions with Stockman stretched over nine months and led to a controversial magazine article, "The Education of David Stockman," in which I disclosed the contradictions and internal swordplay behind Reaganomics, but the real sensation was Stockman's own growing doubts and disillusionment with the doctrine.
Stockman's boldest accounting gimmick--reporting $40 billion in budget cuts but declining to identify them--was dubbed by insiders "the magic asterisk." Bush has already topped him with his "magic blueprint" and the miraculous "trillion-dollar reserve" he saves and spends at the same time.
www.thenation.com /doc/20010402/greider   (1740 words)

  
 Foreign Affairs - Book Review - The Real David Stockman - John Greenya and Anne Urban
David Stockman's account of his controversial tenure as President Reagan's director of the Office of Management and Budget (1981-85) is the most discussed political memoir of 1986, filled as it is with sharp, often contemptuous criticism of practically everybody in Washington, except for ideologically pure supply-siders.
Stockman's self-portrait of a young man of prodigious energy, a quick, sharp mind, but adolescent sensibilities about politics and culture is confirmed in the two books about him.
Stockman, by a journalist, is based on extensive interviews; although it notes the prodigy's blind spots, the overall tone is one of awe.
www.foreignaffairs.org /19860901fabook11045/john-greenya-anne-urban/the-real-david-stockman.html   (213 words)

  
 Ex-GOP Rep. Stockman Seeks DeLay Seat   (Site not responding. Last check: 2007-10-15)
Stockman, after losing the 1996 election to Lampson, ran unsuccessfully for the TX Railroad Commission in 1998, losing the Republican primary to Bush operative Tony Garza, now the U.S. ambassador in Mexico City.
David Stockman, born 1946, was managing director of Salomon Brothers and eventually became senior managing director of a New York-based investment bank, the Blackstone Group, in the 1990s.
Stockman went on to become the CEO of one of the firm's portfolio companies, Collins and Aikman Corp., a Detroit-based manufacturer of automotive interiors and components.
www.freerepublic.com /focus/f-news/1553008/posts   (1275 words)

  
 TIME.com: Hoist by His Own Quotes -- Nov. 23, 1981 -- Page 1   (Site not responding. Last check: 2007-10-15)
David Stockman, Director of the President's Office of Management and Budget, was on the cover.
Stockman's first reaction to the firestorm of criticism that greeted the Greider story was a flat denial—not of the views he is quoted as expressing, but of Greider's right to quote him.
Stockman soon softened his objections to the piece, explaining that there had been a "misunderstanding" but "not an act of bad faith" on either side.
www.time.com /time/magazine/article/0,9171,922716,00.html   (675 words)

  
 USNews.com: Update on former budget boss David Stockman
Stockman, 57, has taken on a whole new balancing act since being bounced from the White House nearly two decades ago for his inability to make peace with politics.
Stockman's optimism extends more broadly to all of American manufacturing, which he says will eventually benefit from outsourcing, a trend he sees resulting in more, though different, jobs for Americans.
Between the White House and the CEO suite, Stockman was a managing director at investment bank Salomon Brothers and a partner in two private equity firms, one of which, Heartland Industrial Partners, holds a majority stake in Collins and Aikman.
www.usnews.com /usnews/biztech/articles/040419/19eewhere.htm   (439 words)

  
 CNN.com - Transcripts
STOCKMAN: Well, I think there are many, but he's surely going to go down as, in my view, and as the greatest president of the 20th century.
STOCKMAN: Well, I think maybe that was the genius at the end of the day, that a president has a role and the rest of the system has a role.
STOCKMAN: Well, I think it'll be an enormous legacy, because it was really the turning point in the history of the 20th century.
transcripts.cnn.com /TRANSCRIPTS/0406/05/pzn.00.html   (7050 words)

  
 Stockmania - former Office of Management and Budget director David Stockman's uncharacteristic support for Democratic ...
Dave Stockman's back, and he seems far more in tune with the President than with his old colleagues.
Stockman's current outlook on tax and budget matters can be summarized accordingly: Americans want as much government from Washington as they are receiving, but don't wish to pay for it.
If David Stockman believes it would have, he must share the view of Clinton Council of Economic Advisors Chairman Laura Tyson that taxes have little effect on economic performance.
www.findarticles.com /p/articles/mi_m1282/is_n17_v45/ai_14293015   (817 words)

  
 "O'Neill and Bush Reminiscent of Stockman and Reagan" by Jim Sparkman   (Site not responding. Last check: 2007-10-15)
Stockman, like O'Neill, felt that his boss was intellectually inferior.
But it's also the story of David Stockman, who was the director of the Office of Management and Budget from 1981-1985, serving President Ronald Reagan.
Most notable in Stockman's book was the tone of personal hurt; it was as if Reagan were supposed to follow Stockman's guiding star.
www.chronwatch.com /content/contentDisplay.asp?aid=5600   (765 words)

  
 Conyers Dill & Pearman - Bermuda - David Stockman’s London Experience Boosts CD&P in BVI (28/07/2004) from Mondaq
Conyers Dill & Pearman (CD&P), the international offshore law firm, is pleased to announce the appointment of David Stockman to the firms’ British Virgin Islands office.
A graduate of the College of Law in 1973, he is a Member of the Law Society of England and Wales (non-practising).
David has over 25 years experience in corporate and commercial law.  He joined Conyers Dill & Pearman in Bermuda in 1997 and relocated to the UK in February, 2000 to assist in the development of the London office.
www.mondaq.com /content/pr_article.asp?pr_id=1411&print=1   (243 words)

  
 Military Retirement--April 1985   (Site not responding. Last check: 2007-10-15)
Stockman stated that "institutional forces in the military are more concerned about protecting their retirement benefits than they are about protecting the se-
Stockman's outburst--later disavowed by the President--while intemperate, did point up the strong feelings that are running in Washington on the topic of military retirement.
Speaking directly to the Stockman attack, Secretary Weinberger averred that "military personnel are far too dedicated to the service of their country to be more concerned with their benefits than the national security.
www.afa.org /magazine/perspectives/0485retirebb_print.html   (364 words)

  
 Trickle Down economics was a Trojan Horse   (Site not responding. Last check: 2007-10-15)
In order to get support for doing this from the people, and also from politicians, a very crafty set of lies were produced.
As David Stockman, then Reagan’s budget director, put it: giving small tax cuts across the board to all brackets was simply a “Trojan Horse” that was used to get approval for the huge top tax bracket cuts.
Once again, Stockman participated in the trading -- special tax concessions for oil -- lease holders and real-estate tax shelters, and generous loopholes that virtually eliminated the corporate income tax.
www.rationalrevolution.net /war/trickle_down.htm   (2346 words)

  
 United Press International - NewsTrack - David Stockman reportedly probed by SEC
The Securities and Exchange Commission has notified Stockman it is investigating allegations that he misled investors in an auto parts company, the Washington Post said, citing anonymous sources involved in the probe.
Stockman was a managing partner in Heartland Industrial Partners L.P., which took over management of a troubled company, Collins & Aikman.
Stockman served as director of the Office of Management and Budget early in the Reagan administration.
www.upi.com /NewsTrack/view.php?StoryID=20060908-020316-8766r   (283 words)

  
 David R. Stockman at IDEAS
This is information that was supplied by David Stockman in registering through RePEc.
If you are David R. Stockman, you may change this information at RePEc.
David R. Stockman & Judy Kennedy & James A. Yorke, 2005.
ideas.repec.org /e/pst74.html   (186 words)

  
 About David Stockman
Dave Stockman brings you twenty five years of experience, ranging from strategy to day-to-day process improvements.
A Fellow in the International Society of Certified Employee Benefit Specialists (ISCEBS), Dave has 20 years of corporate experience for such firms as Stroh Brewery Company, Monsanto Company and Emerson Electric Co. Additionally, Dave has consulted for five + years, solo and with Deloitte and Touche, LLP.
He understands your needs and budget constraints, and how to help you achieve your objectives.
www.bestsourcellc.com /aboutdave.htm   (190 words)

  
 This is the Fight of Our Lives
Caroline Payne is one of the people in David Shipler's new book,' The Working Poor: Invisible in America'.
Some of you will remember that Senator Daniel Patrick Moynihan tried to warn us 20 years ago, when he predicted that President Ronald Reagan's real strategy was to force the government to cut domestic social programs by fostering federal deficits of historic dimensions.
Now the leading rightwing political strategist, Grover Norquist, says the goal is to "starve the beast" -- with trillions of dollars in deficits resulting from trillions of dollars in tax cuts, until the United States Government is so anemic and anorexic it can be drowned in the bathtub.
www.commondreams.org /views04/0616-09.htm   (4143 words)

  
 David Stockman, The triumph of politics
The chief architects of this strategy, were (among others) David Stockman, then director of the White House Office of Management and Budget, Rep. Jack Kemp, and Conservative Publisher, Irving Kristal.
The latter two are now on the Dole for President team, responsible for Robert Dole’s economic plan, which calls for a $500 billion tax cut.
Ironically, Dole was one of the most outspoken critics of supply side theory in 1982, when he served as Chairman of the Senate Finance Committee.
www.hartford-hwp.com /archives/45/279.html   (509 words)

  
 TIME.com: A Stockman Charge -- Oct. 5, 1981 -- Page 1
It was, confessed Budget Director David Stockman, the worst week of toil he had ever experienced.
One congressional Democrat describes him as being "like Svengali, like Rasputin to the Tsar." But others are awed by his incisive intelligence and command of numbers.
Chain-smoking cigarettes and sipping weak coffee, Stockman last Friday discussed with TIME Correspondent David Beckwith his next challenge: helping persuade both Houses to accept the second round of budget cuts.
www.time.com /time/magazine/article/0,9171,921045,00.html   (720 words)

  
 Amazon.fr : The Education of David Stockman and Other Americans: Livres en anglais: William Greider   (Site not responding. Last check: 2007-10-15)
Amazon.fr : The Education of David Stockman and Other Americans: Livres en anglais: William Greider
Editeur : découvrez comment les clients peuvent effectuer des recherches sur le contenu de ce livre.
The Education of David Stockman and Other Americans (Broché)
www.amazon.fr /Education-David-Stockman-Other-Americans/dp/0451149122   (133 words)

  
 Reagan Administration Budget Director Reverse-Ages Gracefully - Wonkette
A Wonkette operative notes that the Washington Post believes 60-year-old Reagan Administration voodoo economist David A. Stockman can turn into a 12-year-old boy at will.
The photo has since been removed from the Post’s website, and replaced with a shocking image (right) of Stockman emerging from an alternate dimension.
Reagan Aide Stockman Targeted in Fraud Probe [Washington Post]
www.wonkette.com /politics/david-stockman/reagan-administration-budget-director-reverseages-gracefully-199501.php?mail2=true   (90 words)

  
 Bravo, David Stockman - Down on the farm -I - a report from a farm wife National Review - Find Articles   (Site not responding. Last check: 2007-10-15)
Bravo, David Stockman - Down on the farm -I - a report from a farm wife National Review - Find Articles
FindArticles > Publications > Free > News and Society > National Review > June 28, 1985 > Article
Bravo, David Stockman - Down on the farm -I - a report from a farm wife
www.findarticles.com /p/articles/mi_m1282/is_v37/ai_3831969   (834 words)

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