Trump-Russia-Comments-Media Firestorm-Bob Davis Podcast 739

President Trump’s comments with Russian President Putin in Helsinki this week kicked off a media firestorm. With stories like this it’s hard to tell which end is up, these days. We’ll talk about it in Trump-Russia-Comments-Media Firestorm-Bob Davis Podcast 739.

A Disaster For The White House

Everything was going “so well” until the President went to Helsinki, Finland to talk to Russian President Putin.

Most noteworthy were comments from Trump that contradicted US intelligence assessments saying Russia interfered in the 2016 election.

Treason?

Were Trump’s comments a mistake or intentional?

Do they constitute ‘treason’? Really?

When You Have To Say Something…

As a podcaster I do not envy people who have to be on the air everyday and react to these kinds of breaking stories. When a president as unpredictable as this one makes news with every tweet and comment what does one say?

When Press Conferences Go Bad

It’s especially relevant to note the Trump-Putin summit did not result in any signed agreements. There was a cordial discussion. It was the joint press conference that kicked off a media rampage of truly biblical proportion in the US. It certainly didn’t help that Trump was unprepared, and proud of it.

We’ll break it down in Trump-Russia-Comments-Media Firestorm-Bob Davis Podcast 739.

Telling Us What To Think

Moreover critics and supporters are busy telling all of us what to think and what will happen next. Either Trump’s a genius or a fool. He’s getting a second term or will be impeached. Academics write several hundred words supporting the so called ‘resistance’ or articulating the president’s policy for him.

Everyone On TV or Radio Is An Expert

Everything Trump does has ‘never been done before’. Former government officials are trotted out to tell us how this is the worst thing that has ever happened. Smarty Pants Professors tell us what Abe Lincoln or Woodrow Wilson would have done.

Now What?

In conclusion, are people really going to take to the streets because Trump upset the Mueller applecart in Helsinki? Is Trump in the process of destroying the Republican party? Are democrats doing the same thing on the left, by attacking everything the president does? Let’s talk about it.

(Editor’s Note: At the beginning of this podcast I say, “until Trump went to Russia”. Of course this is a joke. The president went to Helsinki, Finland for his bilateral meeting with Russian President Putin.)

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

Trump-Russia-Comments-Media Firestorm-Bob Davis Podcast 739


 

 

Podcast 471

Trump’s Sudden Inevitability. The shouting match between Senator Rubio, Senator Ted Cruz and Donald Trump in the Texas Debate recently, doesn’t change the almost daily lame reporting from the campaign trail and the utter emptiness of what they call ‘analysis’ these days. Now suddenly Donald Trump is the ‘inevitable’ candidate. Now suddenly there will be a contested Republican National Convention. Now suddenly the world quakes at the prospect of Donald J. Trump, President. Now suddenly Trump can beat Hillary Clinton, forget what was said earlier. Reporters, TV Stars, ‘consultants’ and ‘analysts’, Talk Radio Clowns and even the Pope can’t resist inserting themselves into ‘the process’ whatever that is. What a process it is. Thanks to the idiots at the RNC we have an almost weekly political wrestling match, with the winner declared before the show is over, because of the barbs thrown and the jabs and thrusts and innuendo. Why not do away with voting entirely and just have people call a number for their candidate at the end of these cage matches, and declare the winner with a mix of votes and judgements by the perfumed princes of media, chosen to look really serious and ask the candidates questions. Ted Cruz is George Washington. No Wait! Ted Cruz is the New Reagan. Trump is Mussolini. Clinton is Jimmy Carter. Bernie Sanders is uh…Larry David. The predictions from the ‘experts’. Trump has a lock on the nomination, even though we’ve only had two caucuses and two primaries, but there it is people. Step right up! See the bearded lady and the midget perform! The voters? The voters you say? Oddly enough The Bob Davis Podcasts is traveling, speaking with and listening to actual regular people and here in the South there are a lot of Trump signs and bumperstickers on brand new cars. People seem angry, and frustrated and ready to stick it to the man, and don’t seem to be taking it any more seriously than the half time show at the Super Bowl. Why should they? Meanwhile, once again the country is not falling apart. The infrastructure is not crumbling. People seem to be miraculously going about their business despite all the magpies telling them how to live and what to think. Have they already made a decision to stick it to the man? Only time will tell. Sponsored by X Government Cars and Brush Studio.

Podcast 350

A Cold Day In LA. It might be said that it would be a cold day in LA before The Rolling Stone would have to completely retract one of its biggest stories, but it has happened in the wake of a review of the magazine’s UVa Rape story last year. The magazine blames a ‘fabulist’ story teller — the source — for the mistake. In reality, editors had to know they were publishing a story that did not adhere to any journalistic standard. Sources weren’t identified, or buttressed with other sources. The story of rape-crazy frat brothers sounded good, so what the hell. Let’s publish. Is this indicative of how the rest of the media operates? In California, the big story is drought. What’s not being reported is how the environmentalist elite in control of the state have fought one modernizing water project after another, over the years. Now, while rich Hollywood movie producers and actors water their lawns, the plebes are being charged extra for their water use. People like to decry the ‘fact’ that Congress gets ‘nothing done’ and ‘can’t work together’. Forget, for a moment that none of us are safe from the output of congress when it is ‘productive’, and that the general idea of law making should be to ‘do no harm’. President Obama likes to say Congress won’t work with him, and can’t get anything done either. So how is it the Vice President, Chief of Stafof and other minions at the White House are calling members top tell them the President will veto anything they might ‘produce’ which qualifies the fine print on the ‘Iran Deal’? This is how the President ‘works with’ Congress? Another big story line recently has been the ‘booming’ economy. A new employment report says the economy isn’t booming, in fact. Are we due for another recession? Finally, scientists are about to turn on the largest machine in the world. The Light Hadron Collector has been off for a couple of years, and will soon be back up and running. Get ready for earthquakes, Big Foot sightings, UFO’s and other weirdness. Sponsored by Baklund R&D

Podcast 265

China Wins! Weekend updates start with the news that China has overtaken the US as the largest economy in the world. Except it’s not true. According to the IMF, using one measurement of economic magnitude, China has overtaken the US. Of course the US media jumps all over this story despite the fact that the measurement called PPP is controversial for many reasons. In fact China’s economy is considerably smaller and poorer than the US. However, it should be pointed out, when your neighbor is saying ‘things are better now’; if the US continues to have sub par growth (par in this case would be a normal dynamic growth of 4% or more for the same length of time as the recession), China will eventually overtake us. All the more reason to advocate growth policies focused on production, rather than trying to stimulate consumption. Protesters, variously reported as protesting the Ferguson Grand Jury decision and advocating for a higher minimum wage, blocked I35W just outside of the downtown Minneapolis. (Editor’s Note: The confusion in reporting got me talking about minimum wage, but the effect is the same. I don’t understand how making people angry because they sit in traffic for an hour makes them amenable to the cause, whatever that is.) The kinds of people who make more money are the people who develop time and productivity saving innovations, and figure out how to market them. Increasing wages by fiat won’t make anyone’s life better in the long run. Moreover, it’s possible in the short run, some fast food and service industries that employ human beings will automate most of these processes and actually improve service and the quality of their product. Low and middle skilled labor in the next twenty five years will face some grim employment challenges. Protesting this sea-change in the production and labor equation, is spitting into the wind. Black Friday sales are down, provoking all kinds of discussion about ‘what it means for the economy and retailers’. Probably nothing, either way. But, it does provoke a discussion about why some retailers are going out of business, and it isn’t because they’re not offering discounts. Its because they’re not retooling properly for the new consumers who don’t want to wait until the day after Thanksgiving for the best deals, and they want better service. Some stories from the consumer front prove this thesis. For example, a new study says people care more about the WIFI connection than they do the bed, when it comes to choosing a travel hotel. Did the North Koreans really hack Sony Pictures. Not so fast. Investigators now think it was a disgruntled employee. But the real story is how much these Hollywood types are making … but you won’t see any minimum wage protesters on the Sony studio complex. Meanwhile, more TV viewers are streaming their favorite shows, and its happening with radio too as people listen to podcasts and services like Pandora, over the internet. Finally, that all meat diet you’re on may actually be better for your heart than the gluten free bagel diet. New studies show its the carbs that kill your heart. Sponsored by Ryan Plumbing and Heating of Saint Paul, and by Depotstar

Podcast 252

The Gathering Storm. Business and Economic News. The latest headlines include a Mayor who throws alleged gang signals to curry favor with unsavory characters, a video of an MIT Obama Care ‘architect’ who says the law was poorly written to fool ‘stupid’ voters (what a surprise!), and the mainstream media election 2014 chatter is increasingly vapid. Time to turn to an issue no one seems to be paying attention to, save for the financial and market watchers. As commodity and housing prices decline the mainstream media tells us deflation is bad, because falling prices mean people will ‘wait’ to make purchases. Never mind we have had deflation (dropping prices) for things like flat screen TV’s and tech for years, and people keep buying. The real problem with deflation is that governments need inflation to pay off their debts. Inflation is how governments have robbed Americans of purchasing power and hidden the ill effects of profligate spending for decades. Central Banks and governments all over the world are trying, and failing, to create inflation. Now they are terrified that slow, or no economic growth may finally be creating a deflation, which means debts will become more difficult to repay. What the mainstream media isn’t telling you about lower oil prices is, major economies all over the world are stalling, lowering demand for energy and everything else. The EU, Japan, China, Russia, India, Brazil, even the US have anemic economic growth, or they are contracting. Housing is not cooperating with efforts to stimulate. Half the people in this country make less than $28,000 a year, the average college graduate has at least 26,000 dollars in debt, making some wonder what the millennials will be buying houses with. Years of anemic economic growth is taking its toll in people out of the labor force, stagnant wages and substandard job creation. The statistics look good, but don’t tell the real economic story in the United States and the rest of the world; Things aren’t going so well. The gathering storm isn’t deflation, it’s the political reaction to it. Bill Gross said recently, stimulative efforts by governments and central banks aren’t ‘working as well as they used to’. The cure? More of the same! What about the idea that what they’re doing just isn’t working? Politicians aren’t addressing this issue at all, whether they be democrat or republican. Does this mean a disaster is brewing? Democrats want to double down on failed economic policy  (basically print and borrow more money) and Republicans don’t seem to have an agenda which will lead to the growth we need. Add to this, chaos in the world as the US withdraws … a confused foreign policy … and you have a recipe for disaster; A gathering storm. Sponsored by Ryan Plumbing and Heating of Saint Paul and by Depotstar