July Fourth Recovery Weekend-Behind Headlines-Podcast 736

Is this the longest holiday weekend in history? With the fourth in the middle of the week, everyone is off. Time to update listeners and subscribers to cool stories behind the headlines in July Fourth Recovery Weekend-Behind Headlines-Podcast 736.

Trump’s Trade Protection Podcast On The Way

These days it gets harder everyday to keep up with the antics of the Trump Administration. On Friday the president announced additional tariffs on Chinese goods. This calls for a full podcast on trade protection, which is in the works. Meanwhile there are just too many crazy stories out there to ignore.

The Statue of Liberty Is In Las Vegas, right?

Everyone saw video of a naturalized US Citizen trying to climb the statue of liberty over the weekend. Did you hear that the United States Post Office used the statue of liberty in Las Vegas for their new liberty stamp? Listen for details in July Fourth Recovery Weekend-Behind Headlines-Podcast 736.

Why I Don’t Fly And Take The Back Roads

This was a week in which many Americans flew home for a few days for the holiday. If you fly you know it seems like there are more and more seats in the planes. It’s especially relevant that this is one of the top complaints of passengers.

The FAA says they can’t do anything about the number of seats on planes, until it becomes a safety issue. Furthermore, this is why I use Mobile Podcast Command for travel on the back roads because why bother with the stress of air travel unless you have to.

Tiki Torches and Coffee

We’re live from the deck on this perfect July Fourth Weekend podcast. Tiki Torches and coffee. In July Fourth Recovery Weekend-Behind Headlines-Podcast 736 a free wheeling podcast that touches on news behind the headlines as well as anything and everything that comes to mind.

These Days We Need More Sleep

It’s most noteworthy that I am nocturnal, so it doesn’t make any difference to me how much sleep I’m supposed to get.

Apparently modern life is so stressful we’re now being told we need more than eight hours of sleep. My recommendation? Get some sun. You’ll feel better.

Maybe It’s Morgellon’s

I don’t sleep because I lay in bed at night and watch You Tube. You can get lost in the seedy underbelly of America. Furthermore if you get the chance you might be surprised to find tons of videos on You Tube about something called ‘Morgellon’s Disease’. One more thing to worry about!

In conclusion, we still have quite a lot of holiday left to enjoy. This podcast will give you some fun topics to bring up during dinners at the lake and during the pontoon boat ride.

Sponsored by Water Butler Water Purification Systems and Reliafund Payment Processors

July Fourth Recovery Weekend-Behind Headlines-Podcast 736


 

Spring Has Sprung-Midnight Walk And Talk-Political Talk Reset-Podcast 715

In the Upper Midwest, spring has sprung. These days in my neck of the woods, we haven’t been able to spend much time outside. Walking in the night air makes me think about how much I’ve changed over the last few years. Find out how in Spring Has Sprung-Midnight Walk And Talk-Political Talk Reset-Podcast 715.

Walk And Talk Rules

The rules of the walk and talk are no preparation, no plan. A throwback to the years when I would walk late at night with my grandfather.

Time For Transition

Seems like spring is a transition. A great opportunity for us to reset our body clocks, as well as our thinking.

Shutting down the news feed, taking a break from social media and turning off cable news has been a theme in my podcasts. Sometimes it seems like cascading news events are difficult to keep up with.

The More Things Change…

Moreover, as I walk through my neighborhood, I can see that despite the breathless news coverage of details that probably won’t matter in a year, not much has changed in the real world. I’ve changed, though.

Rising Above The Debate

Most noteworthy, experience and especially Yoga have helped me rise above the partisan debates. These days I can actually be more of a ‘fair judge‘ of the hypocrisy of our institutions and politics. I’ll tell you what I see from my perspective. How you react is up to you. In Spring Has Sprung-Midnight Walk And Talk-Political Talk Reset-Podcast 715.

Hurtling Down The Tracks To Somewhere

In conclusion, something I talk about in this podcast is the sense I have that we are hurtling down the tracks toward some kind of clarifying turning point. I have no idea when we’ll get there or when we’ll get there.

I have read enough history and lived long enough to know that this level of rancor and venom usually do not lead to good decisions or policy making. That suggests at some point, someone will make the kind of mistake that produces major shockwaves.

Midnight Walk

Take a break from the paid shills of the two political parties, and the endless and baseless predictions of future events by talking heads and personalities. Take a midnight walk with me and drink in a spring night.

Sponsored by Sal Di Leo Inspirational Speaker and Reliafund Payment Processing

Spring Has Sprung-Midnight Walk And Talk-Political Talk Reset-Podcast 715

 

Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699

Amazing what a two day rollercoaster ride in the stock market does? Perspective tends to focus our thinking. In Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699.

Market Drops Provide Perspective

Recent ups and downs in the markets are a great thought starter. Sudden changes whether predictable or not, can provide some needed perspective.

Trump Stops Saying He Made Markets Sing

Most recently the market dropped 666 points during President Trump’s speech. On the next business day the Dow dropped more than a thousand points. Trump stopped saying he made the markets sing because of the drop.

Most noteworthy our national conversation shifted from what we did during the Super Bowl to the markets in one day. In the grand scheme of things one thousand points is not the end of the world. Maybe. We’ll talk about it in Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699.

Grandpa And Crazy Uncle Joe Love Fox News

Suddenly the idea of Washington DC driving media coverage seems stale. Google Trends shows interest in political news barely makes it into the top twenty. The market drop is one of the top searched topics. Especially relevant are the demos for so called news channels. As they keep talking politics their viewership keeps getting older.

Younger adults aren’t spending their time with Sean Hannity. What’s more the topics they search for don’t include the Nunes Memo or the Russians. Find out why and what in Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699.

The Narrative Is A Bill of Goods

A republican president wants to help business, goes the narrative. The economy will grow. The stock market proves it. Right? All the top CEO’s and business leaders are ready to invest. Just look at the market.

Wait! What?Ru

Trouble Ahead?

In conclusion, there’s an old saying that markets sometimes indicate trouble ahead. Consider the fact that a marketplace represents thousands of people and billions of decisions about what to buy and sell. Maybe the market knows something we don’t.

If true, the old saw that the market predicts the future might be onto something. If it is it’s a lot bigger than the Russian Dossier and FBI corruption.

Sponsored by Reliafund and Brush Studio in The West End Saint Louis Park Mn

Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699

 

 

Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697

First of all, the state of the union message used to be a letter. These days you’d think it is the Grammys, Golden Globes or the Oscars. In addition it’s a national event. We’re ‘supposed’ to watch. In Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697.

America Is Back

Trump’s says the Economy Is Booming and America is Back. Really? Since when is 2.6 percent GDP growth a booming economy?

Wall Street Is Main Street

Furthermore during the Obama presidency republicans used to say ‘Main Street Isn’t Wall Street‘. Now that republicans are in power suddenly main street IS wall street. Even when the market is down.

Booming Roaring Economy, right?

In Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697 I’ll outline factors that go into our old style measurement of the economy. Yes there are bright spots. Much as we like good news, let’s not go overboard.

Wait. It’s Trump.

Go overboard!

The Tax Bill. The Tax Bill!

The singular legislative ‘accomplishment’ of this administration so far is the tax bill. Lower corporate taxes are thought of as a good thing for business. Whether the so called middle class will benefit remains to be seen. Certainly the economic effects of changes in the tax code only a month old are not part of the current economic numbers. Find out why inTrump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697.

Executive Orders!

Trump supporters like to tout his executive orders. Many of these don’t do more than tell cabinet departments think differently. Most importantly Trump is issuing far fewer regulations. Have these actions produced economic results?

Witch Hunts Galore

Especially relevant are investigations on Russia and the FBI. The truth is none of this has had any real impact on the day to day business in the rest of the country and have failed to yield conclusive results so far.

Distractions Are The Order Of The Day

Welcome to life in America at the dawn of a technology revolution. This one makes the industrial revolution look like the middle ages. As it gathers speed every tenet of government and society will be challenged. Meanwhile we’re talking about porn stars and Trump’s latest insult.

No One Cares About Outmoded Thinking

In conclusion, most of the older adults in this country dream of a time marked by their own innocence in the late 1950’s and early 1960’s. Moreover our thinking about almost everything is outmoded. Mercantilism, trade protection, mass surveillance, bigger and more expensive government, and huge debts are not about freedom regardless of which party is in control of congress or the executive branch.

(EDITOR’S NOTE: On February 1st 2018 the Atlanta Federal Reserve projected US Economic Growth in the first quarter of the year to be 5.4 percent. This is a noteworthy prediction and if it holds for the US overall it will be a game changer. 5.4 percent GDP would be robust and if it holds through 2018 the terms ‘booming’ and ‘roaring’ would apply, at least as it pertains to GDP measurement.)

Sponsored by Ryan Plumbing and Heating, Brush Studio in The West End and Reliafund.

Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697

 

 

Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688

Both houses of congress have now passed the 2017 Tax Cuts and Jobs Bill. After four hours and near blindness, I finished all one thousand plus pages. Every citizen should read this bill. In Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688.

Big Little Reforms

Especially relevant is the public relations effort by republicans to convince voters this is a ‘sweeping’ reform of the US tax Code. In fact it is an amendment to a budget bill that further amends the 1987 Tax Reform Act.

Everyone Loves Or Hates

Moreover, if you read the bill, you should almost have a copy of the 1986 Tax Reform Act handy. Both sides of the so called political divide are touting how great this legislation is, or how it will end the world as we know it.  I’ll give you some details in Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688.

Please Hold For Your Tax Attorney

Truth is if you are in business you’re still going to need an accountant and tax attorney advise you. Some businesses will see their taxes increase. Some individuals will see their taxes increase. Sure, the standard deduction has been doubled and tax rates reduced…but…

It Might Be Good…Then Again

There will be fewer deductions and thus fewer ways to legally reduce exposure to taxation. Depending on your specific situation you might see an increase or decrease in your overall tax. I explain some of this in Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688. In addition, listen to my tax reform podcast to understand the political game going on under the guise of fixing the tax code.

Never Underestimate The Power of Free Beer

There are scores of pages concerning craft beer, wine and spirits. Guess all those receptions with free hootch for members must have worked! Finally there are lots and lots of new rules regarding businesses of all kinds.

Beware of Congressmen Bearing Cool Sounding Jargon

When congressmen and senators go out among the people and talk about all they have accomplished, you’re going to hear the words ‘pass-through’ and ‘average american will save’ such and such a lot. What does it all mean? Find out in Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688.

More Government Control

In conclusion my final reaction is the sadness I feel that our federal government controls so much of what we do as citizens through the mechanism of taxation. Republicans who campaigned on a tax cut have certainly paid off on that promise, at least until 2025, but at what price. That is the 1.2 trillion dollar question. President Trump signed the bill into law Friday afternoon.

Sponsored by Ryan Plumbing and Heating of Saint Paul and Reliafund Payment Processors

Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688

When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676

They call it Tax Reform. A Jobs Bill. That’s what it must be, right? Journalists and commentators are playing the same old game. Argue a proposed piece of legislation on its merits. Time to reset the boundaries in When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676.

Freedom Of Choice

While listeners to The Bob Davis Podcasts always have the freedom to choose what they think is right, I want to introduce the concept of marginal improvement. Legislators on both sides of the political spectrum talk big about ‘reform’. Usually though they make what really are marginal changes. This is especially relevant when we’re talking about the tax code.

The Real Football Game Is Congress

Team Red moves the ball back to the Blue thirty yard line. It’s hailed as a great victory. Team Blue moves the ball back to the Red twenty yard line a few years later. These are what both sides call marginal improvements. Meanwhile, as economist Milton Friedman famously suggested, they keep getting elected by making the tax code more complicated.

Budget Neutrality Isn’t A Thing

Enter a legislative concept called Budget Neutrality. The idea every expenditure must be ‘paid for’ with tax increases, or budget cuts. You think Tax Reform means lower taxes. What they’re really doing is taking away tax deductions and loop holes, and increasing our overall tax. The sad part is, it’s not their money, it’s our money. In When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676.

What Is Real Reform?

If you want real reform. The end to this kind of corruption? Then the power of the federal government to tax our incomes and our property must be permanently eliminated. Should corporations be taxed at all? Do you have property rights if you pay property taxes? How does government pay for the wonderful things both sides wants it to provide? We talk about it in When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676.

Already Socialists

So called conservatives like to argue the merits of capitalism versus socialism. It seems like I’d be on pretty safe ground if I suggested the United States has been collectivist for decades. Our economic system is not so much capitalist as it is a controlled market economy. Our elected Kings and their privy courts control our behavior and our futures with regulation and a tax code so complex, were it to be proposed as a single law in its present form, it would cause a revolution.

(Editor’s Note: While the first actual income tax in the United States was levied during the Civil War, it was later repealed as ‘unconstitutional’. Several attempts were made to establish an income tax through the late 1800’s which were unsuccessful, until the 16th amendment, ratified in 1913.)

Sponsored by Ryan Plumbing and Heating of Saint Paul and Reliafund

When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676

Storm Clouds Gather Over The Bull Market-Podcast 665

We don’t see the storm building over the markets. Distractions. Shiny things that draw the eye and ear. A war of words between a North Korean dictator and the president. Kneeling football players and the Tweeter In Chief. Meanwhile, the long expansion in the markets may be about to end. A heads up for you on how and why in Storm Clouds Gather Over The Bull Market-Podcast 665.

Watch The Shiny Thing

We don’t look beyond the distractions in the media to see what they conceal. No amount of pointing and saying ‘look’ is going to change it. We have not had a serious market or financial crisis since 2008. Our economy has been on life support ever since. Now the DNR order has been signed. Find out why in Storm Clouds Gather Over The Bull Market-Podcast 665.

Market Shocks Have Political Consequences

Remember 2008? The market crashed. The banking system was going to seize up, they said. A republican administration suddenly bailed out the banks, insurance companies and big car companies. The shock changed politics. A new administration came in, in 2009. New banking regulations, more government spending and a very large stimulus package was passed by congress.

Hey! What Happened To The Punch Bowl?

The Federal Reserve, bank of last resort, began a program called Quantitative Easing in 2009. Over the next eight years the FED added trillions of dollars to its balance sheet as it ‘injected’ money into the US economy. QE one, two three and four indirectly supported the stock market through the purchase of hundreds of billions of dollars worth of securities. What happens when they take that away?

Pay Attention

So this is a simple heads up that it might be time to start paying attention. While we’re talking about things that don’t matter they are doing things that do. That storm roiling to the west, might be rolling in anytime. In Storm Clouds Gather Over The Bull Market-Podcast 665.

Sponsored by Brush Studio In The West End Saint Louis Park, and by Ryan Plumbing and Heating in Saint Paul.

Storm Clouds Gather Over The Bull Market-Podcast 665

 

 

 

Minnesota 2nd District Congressman Jason Lewis-Podcast 647

Minnesota 2nd District Congressman Jason Lewis joins Bob Davis during the Pan-O-Prog (Panorama Of Progress) parade in Lakeville Minnesota.

High Stakes

Coming back from the recess, republican majorities in the House and Senate have a lot on their plate. Stakes are high. The Senate has to take up the question of ObamaCare. The House prepares to move onto Tax Reform and a big bombshell when it comes to the budget. For the first time in a long time the house will tackle so called mandatory spending.

No Town Hall Meetings So Far

There’s pressure on Freshman Congressman Lewis because he’s been meeting with constituents and detectors one on one rather than hold so called Town Hall meetings. Lewis addresses this criticism during Minnesota 2nd District Congressman Jason Lewis-Podcast 647. Still, Lewis points to legislative progress in key areas of this podcast and says he still supports the president’s agenda, with qualifications.

Not A Debate

Subscribers sometimes wonder why I do not debate sitting legislators and executives when I interview them. Every now and then our conversations get heated, but I don’t feel it is the role of the podcaster or interviewer to ‘debate’. We ask the questions, you draw your own conclusions.

Fasten Your Seat Belts For This Parade

Minnesota 2nd District Congressman Jason Lewis-Podcast 647 is a slice of life, interviewing the congressman on a gorgeous summer evening in Mobile Podcast Command as we roll through the parade. We talk about his concerns and challenges as a first term congressman. Two talk radio guys can cover a lot of ground, so fasten your seat belts for this parade.

Devil’s In The Details

New Congressmen are inundated with detail when it comes to legislation pending, and bills they’ve voted on. Especially interesting and relevant to me is the higher level of detail in Congressman Lewis’ answers versus Jason Lewis the candidate.

2018 Depends On This Congress Acting

One point the congressman makes is very important. He feels strongly for republicans, of which he is one, that this congress has to act. Lewis is looking to actions candidates in the 2018 cycle can point to as essential to a successful ‘re-elect’. We’ll see. Thanks again to the congressman and the people of Lakeville, Minnesota

Sponsored by Ryan Plumbing of Saint Paul and X Government Cars

Minnesota 2nd District Congressman Jason Lewis-Podcast 647

 

Return On Investment Chaotic World-Podcast 646

Fast and sometimes chaotic change sometimes causes people to cling to the old days and old ways. Return On Investment Chaotic World-Podcast 646 focuses on advertising for small business.

An Incredible Time

These days individuals and small business have the ability to achieve the kind of reach only dreamt about in past eras. One of the biggest problems I encounter is the habit of small businesses to fall into small thinking.

You Put A Dollar Into One End Of This Machine and You Get Twenty

Seems like business owners think there’s a machine somewhere that converts one dollar bills into twenty dollar bills and its called ‘Return on Investment‘. Social Media. Digital Advertising. Funnels. SEO. What are these? How do you set your business apart from competitors? We’ll talk about it in Return On Investment Chaotic World-Podcast 646.

ROI Is A Pig In A Poke

You don’t build a brand – as hackneyed as that concept is these days – worrying about ‘return on investment’. You don’t build a brand with ‘Hey Come On Down’ advertising approaches. Old thinking dominates main street and our political process.

Do You Feel The World Change?

Change is especially relevant these days. Chaos is another thing. Problem is if you don’t orient yourself and your business to it, change will become chaos.

There are more yoga teachers in the United States than Coal Miners, but we are developing a major economic policy for coal miners. Internet Commerce is in the process of disrupting and destroying retail. Yet, we’re building more malls. Autonomous machines and software of all kinds is replacing workers but city councils are passing higher minimum wages. In Return On Investment Chaotic World-Podcast 646.

Delivery By Drone

Technology already exists to deliver most of major company’s commerce by drone. Regulation and approval is holding it up. Same with driverless cars and many other innovations.

Meanwhile Back At The Ranch

I think it is probably predictable that in the face of potential chaotic change, people cling to the old ways of thinking and doing. Especially when it comes to advertising and politics. Change waits for no one though. It seems like the more we wait to adapt and improvise the more potential chaos looms.

Mundane to Extraordinary

The Return on Investment trope is the trigger for a romp through a discussion of new technology and its effects. From tanks in World War I to Edward Snowden. From advertising to asymmetric threats. It is here and more is coming. Return On Investment Chaotic World-Podcast 646.

Sponsored by Brush Studio In The West End

Return On Investment Chaotic World-Podcast 646

Podcast 613-Rising Tide? Trump’s Minimal Economic Impact

We’re Growing Again Right?

Trump ballyhoos new numbers. Seems like the new president is turning our economy around. A rising tide? What does an improving economy look like? Are there actions that cause real economic growth? Do you think new leaders are taking those actions?

Republicans Know How To Fix The Economy Right?

Deregulation. Tax cuts and reform. Infrastructure construction. Campaign Pledges were made. Pledges spurred optimism. Furthermore promises can be kept because republicans are in charge and republicans understand business. So the story goes.

Trump Has Already Started Making Things Better Right?

Trump claims credit for the new numbers. Can a new president have an economic impact after less than 90 days?

What’s Better?

How do you define economic success for the United States? Better job? More money? Saving a job? Getting a loan for business or housing? Seeing your 401K account fatten because of stock performance? Cheaper gas? GDP? Productivity? Improved employment? Interest Rates? Jobs coming back to America? Consequently how do you know when it’s working?

What Has Been Done?

Because of the new numbers coverage exploded. However, what have Trump and the new Congress actually done? Executive orders on regulation. Business and the environment. Pipelines. Budget cuts. Trade and the budget. In conclusion, is there an impact on the economy overall?

How Do You Know?

Who are the people that put these reports together and what methodology do they use? How do economists and traders judge these numbers? Seems like people accept them at face value. Should you place confidence in these reports?

What Actually Works?

Are there specific actions that can be taken to grow our economy? If business and economic philosophy is important, what do our leaders believe? Do you think there is a standard approach to economics and government in Washington? More importantly, we know ideas counter to the current approach exist. Will the new congress and president embrace them?

Back To The ’50’s

Let’s face it. We have a sclerotic, 1950’s style government. People are developing and using new technological tools developed for the 21st Century. Moving fast toward building a new world. Block Chain Currencies. Improved Communication tools. Robotic manufacturing. Higher productivity. Government might be out of step with those developments.

Sponsored by Ryan Plumbing and Heating of Saint Paul.