The Roach Motel…..

Media Notes

by Janet Donovan | on April 5th, 2013 |

Photo & video credit: Janet Donovan

The banking system is kind of like The Roach Motel – where the money goes in but doesn’t come out – according to David Stockman, long time critic of our country’s financial health. “The Federal Reserve has turned into a serial bubble machine.” Stockman

Michael Petruzzello, Qorvis Managing Partner & CEO with author David Stockman

Qorvis Communications celebrated the launch of Stockman’s release of The Great Deformation: The Corruption of Capitalism in America.

Ron Faucheux and Chuck Conconi

‘A coruscating, brilliantly insightful exegesis of where capitalism went wrong, how it was corrupted, and how it might be restored, by the outspoken former Reagan budget director and bestselling author David Stockman. David Stockman was the architect of the Reagan Revolution meant to restore sound money principles to the U.S. government. It failed, derailed by politics, special interests, welfare, and warfare.” Public Affairs Books.

Hollywood on the Potomac sat down with Stockman. We asked him to speak to us in lay terms; after all, we had to look up coruscating and exegesis. We just wanted to know what the deal is.

One on one with David Stockman. Translation: WE’RE FRIED!