Market Goes Down Blame The Media-Podcast 631

Sudden scandal engulfs Washington. A one day market drop is blamed on media ‘persecution’ of the president. Is this possible? Can the media cause a drop in the markets? In Market Goes Down Blame The Media-Podcast 631.

Russia Was A Dead Issue. Then Trump fired Comey

Not too long ago we were talking about ACA repeal, Tax Reform and Foreign Policy. The only people talking about Russians and Trump were the former Democratic Presidential Candidate and the new chair of the Democratic National Committee. Then, Trump fired the FBI director. That put Russia and Putin back on the front burner.

Trump’s Twitter Feed and Political Mistakes

Now, we’re talking about the latest White House debacle. Not congressional progress on key economic issues. Seemingly, without warning, the market is down! It has to be the media’s fault! Right? We’ll talk about it in Market Goes Down Blame The Media-Podcast 631.

Why Invest?

Investors put their money in markets in the hopes of taking advantage of future growth. With the election of a business man as president, some investors were willing to bet on the future. Health Insurance and Tax Reform. A stronger US Foreign Policy. Less regulation. Progress on the kinds of economic legislation that seeds growth. Or at least that’s the story.

Things Aren’t Getting Better

Truth is, the US economy has been holding in place for nearly ten years. While the markets have been fueled by central banks buying securities and low interest rates, main street has been struggling. The business man president who was supposed to fix main street has done nothing but make speeches, sign executive orders and complain about the media coverage he’s getting. Meanwhile, 1st quarter US Growth was a mind-blowing .7 percent.

The US President Is Not A King

Fact is, the US Presidency is not a dictatorship. US presidents are answerable to congress, the courts and the law, not to mention state and local governments. The presidency itself is mainly a political office. To be effective and memorable, a president’s agenda has to be backed up with legislation. That means the president has to work with congress to get it done.

Rhetoric Doesn’t Work

President Trump has a lot of ideas. He talks about them all the time. Talk is cheap. There’s no action on Tax Reform, ACA Repeal, the Budget, Regulation Reform and trade. Why? Not because of the media. We have a president who likes to talk. He doesn’t like to lead congress to take action. In Market Goes Down Blame The Media-Podcast 631.

Republicans Don’t Want To Talk About Politics Anymore

In January most republicans were on top of all the latest developments in Washington and their new president. They were especially prickly about criticism of Trump. Suddenly they have other things to do. Don’t want to talk about politics. Given the obvious missteps by the president it’s easy to forgive the desire to blame the media for all that is wrong. This time though, the blame lies directly at the president’s door.

Money Talks…Bullshit Walks

Traders want action. Not talk. Investors don’t make decisions on today’s news stories or rhetoric from the president. They’re looking out into the future and investing in future growth. The top political leader in the United States is President Trump. He sits astride a republican White House, Senate and House. Yet, he hasn’t been able to get anything done. Maybe that’s why the markets are down.

Sponsored by X Government Cars

Market Goes Down Blame The Media-Podcast 631

 

 

Donald Trump’s Fantastic Incredible Awesome Rhetorical Presidency-Podcast 620

Foreign Policy Based On Cable News and Twitter

Wars. Rumors of wars. In Donald Trump’s Fantastic Incredible Awesome Rhetorical Presidency-Podcast 620 Trump breaks another promise. Remember 2013? That’s when Trump said Obama should forget about Syria. Save his powder for something more important. In the debates, then candidate Trump said the same thing. Leave Syria alone. We’ll get nothing out of attacking Assad.

Trump Fine With Assad Until…

At the end of March Senators McCain and Graham were pleading to attack Assad. However as late as last week Nikki Haley was telling her UN Counterparts and the world Assad could stay. Then came the chemical attack on Syrian civilians. Children. Pictures on cable news. President Trump saw the pictures and got mad.

Cable News Made President Mad

As Trump and his team met with the Chinese at his resort in Florida, he ordered a counterstrike. 59 missiles. 70 million dollars. The runway where the planes took off is still intact. Syrian military aviation continues to fly sorties from that runway. On a dime this president has changed US foreign policy. Changed one of the cornerstones of his campaign. Another major promise broken.

North Korea Too

Over the weekend the USS Carl Vinson Strike Force was detailed to the Western Pacific. Off the Korean Peninsula. Suddenly Donald Trump has become George W. Bush. If you voted for Trump is this what you voted for? We’re a long way from building the wall and getting China to send all those jobs back now, Toto.

Alt Right Deeply Misinformed

Then there are the rumors. The bad reporting. The discourse on social media. One hundred fifty thousand US troops to Syria? Says so right here. China deploying another one hundred fifty thousand of their troops to the Yalu river, China’s border with North Korea. Russia and Iran say they’ll respond if there are any more US attacks. Word is the Russian Navy is very busy in Europe. More activity than the cold war.

How About Those Twins?

Voters who didn’t want to talk about foreign policy because it was too complicated might want to bone up. TV producers and Radio Program directors and talk show hosts may want to drop the banter about sports and the weather. Republicans should take a look at the bargain they made with this president and ask themselves just what they bought and must now defend.

Trust Me. It’s Gonna Be Great

Welcome to Donald Trump’s Fantastic Incredible Awesome Rhetorical Presidency-Podcast 620. Tax Reform, a trillion dollar stimulus program and another run at repealing ObamaCare loom. The US is twenty trillion dollars in debt. On top of that, perhaps a war in Syria he campaigned against and a crisis in North Korea. Don’t worry though. The president will tweet about it. Foreign Affairs crisis? Bah. More tweets. In Donald Trump’s Fantastic Incredible Awesome Rhetorical Presidency-Podcast 620.

(Editor’s Note: Late Tuesday the President told the New York Post, “We are not going into Syria”, and blamed the confusion on his ‘aides’. Which would be his ambassador to the UN among other fairly senior administration personnel. Oddly enough regime change remains a new goal. He also said, “We’re sending an armada” to North Korea. Rhetorical Presidency indeed.)

Sponsored by Ryan Plumbing and Heating of Saint Paul.

 

Podcast 611-Define Political Progress

When it comes to politics these days noise is the norm. The latest outrage drowns out talk about political progress. Voters in 2016 made their choices for a reason. Not too early to ask whether the politicians are making progress toward addressing those reasons. We talk about it in Podcast 611-Define Political Progress.

ObamaCare Repeal

Number one issue on the campaign trail. Bogged down in congress already. Republicans wanted a full repeal of the ACA. New GOP plan isn’t a full repeal. President Trump has already endorsed it. What happened to promises of a full repeal?

Economy

Somewhere around 96 million people are out of the workforce. Need to create 375,000 new jobs a month for several months to get those people back in the work force. For years we were less than impressed with a quarter of a million jobs each month. Economic growth has been promised. In Podcast 611-Define Political Progress.

Cutting Federal Budget

Smaller government? Proposed budget cuts are accompanied with proposals to shift money to defense. Does this reduce the size of government? A hiring freeze can be considered progress. Corporate tax reductions can be progress. However making up corporate tax reductions with higher taxes somewhere else doesn’t cut the budget.

Foreign Policy and Military Spending

Resurgent Russia. Rising China. Political changes in Turkey. Expanding NATO. Cyber Threats. US troops in Iraq and Syria. ISIS. Terror. Climate Change. How will reducing foreign aid and increasing military spending address these concerns? What should the foreign policy of the US be? It’s all in Podcast 611-Define Political Progress.

Too Early?

First benchmark on progress made by a majority republican government in the United States. Did you vote for republicans? Are they doing what you wanted them to do?

Sponsored by X Government Cars and Ryan Plumbing of Saint Paul.

 

Podcast 584-Bob Davis Podcasts Radio Show-58

Podcast 584-Bob Davis Podcasts Radio Show-58. With the Electoral Vote, Donald J. Trump is the official President Elect of the United States. He’ll be sworn in as the 45th President on Friday, January 20th, 2017. As terrible coverage of the election, post election and the events leading up to the inauguration continues, time to shift the conversation toward the challenges ahead. Podcast 584-Bob Davis Podcasts Radio Show-58 my coverage of these challenges.

Last summer I predicted the final outcome of the 2016 election would center on the Great Lakes region of the United States. Ohio, Pennsyvania, Wisconsin, Michigan. The former industrial heartland has been plagued by bad economic and policy initiatives, excessive taxation, corruption and incompetent local governments. It’s not surprising people in these regions would have reached a point where they have had enough.

The new narrative is Donald Trump heralds a new kind of politics in America. Depending on the source, either a darker, jingoistic throwback to the 1950’s, a new kind of Populist-Conservative politics, or a new Centrism. Every politician wants to be thought of as a rail splitter, born in a log cabin. Both Hillary Clinton and Donald Trump come from upper middle class backgrounds. Park Ridge, Illinois and the Jamaica neighborhood of Queens, in New York City are hardly breeding grounds for American Populists.

While the tone of the executive branch might change under Trump the fact is moderate, establishment Republicans and moderate Democrats are still in control of the United States Government. How do we expect this group of out-of-touch politicians to address the challenges we face?

Since 2008 the US has had stimulus, banking legislation, the adoption of The Affordable Health Care Act and a change in Foreign Policy. The result is nominal economic growth, with 63 percent of the eligible workforce sidelined. A foreign policy that was supposed to herald a new era of peace and cooperation, didn’t. Despite major changes in technology, trade and comparative advantage the new story line is Manufacturing’s Greatest Days lie ahead. Is this true? Another initiative of the new administration is to force spending of a trillion dollars on ‘infrastructure’. Will this work? Is this a conservative economic policy approach? With only 8 percent of the work force is employed in manufacturing and construction and most of the rest of us are employed in value added services, one wonders.

Whatever the new president wants to do, it will be processed through the US Congress, State Legislatures and the Courts. With plenty of Democrats in congress and state legislatures ready to put up a good fight, we’ll see how much the GOP and Trump can get done. We’ll also see if the policy they end up with will work to address major challenges of the future.

Massive changes are taking place in our society and the world as the Fourth Industrial Revolution takes hold. While it’s good for Trump supporters and Republicans to celebrate, and for Democrats to prepare their opposition, the question is whether any of the leaders in Washington really understand what is needed for the people of the United States to grow our economy, move forward and prevail in the new world. Sponsored by Brush Studio and X Government Cars.

Podcast 576-Bob Davis Podcasts Radio Show-54

Podcast 576-Bob Davis Podcasts Radio Show-54. Hillary’s recount demands and Fidel Castro’s death prove real news stories are out there. Podcast 576-Bob Davis Podcasts Radio Show-54 features a look at the opportunities and challenges confronting the people. I have no endorsement of any major candidate to defend. I have no wish to add to the media reactive political noise. What I can do is help people break out of the political box, by asking some important questions. If Donald J Trump is chosen by the Electoral College and inaugurated in January of 2017, the Republicans will be in the best position to control the Federal and State Governments in decades. However, celebrating republicans should keep in mind, most elected republicans leaders are still ‘establishment’ types. Despite his promises suddenly Trump is backpedaling on repealing the Affordable Care Act, and prosecuting Hillary Clinton. His top advisors are discussing a trillion dollar stimulus package for infrastructure. He’s pulling back on the ‘big beautiful wall’. ‘Moderate’ republicans are also pulling back on  trade policy and managing expectations on foreign policy. It is doubtful republicans will address tough economic challenges with policy fostering dynamic economic growth. While we’re lost in debates about tweets from Trump Tower, The US economy is hampered by too much regulation, excessive debt and spending. Many of the so called social problems in this country can be attributed at least in part to low employment and slow or no economic growth since 2008. This is why it feels like we’re living in the Matrix. With a technology revolution as significant as the industrial revolution we need new ideas about society, politics and government. Instead, we have institutions designed for an agricultural or industrial age that don’t serve us anymore. On top of all that are demographic changes. The Baby Boom population is aging rapidly. Younger people have different ideas about politics, government and society. The future belongs to these younger demographics, and with different ideas about society, ‘Conservative’ and ‘Liberal’ mean different things. To address the challenges of the future will require more of us than reacting to tweets, the latest outrage, or someone’s personality. Sponsored by Ryan Plumbing and Heating of Saint Paul, Hydrus Performance, and X Government Cars.[powepress]

Podcast 563-Bob Davis Podcast Radio Show-49

Podcast 563-Bob Davis Podcast Radio Show-49. Father and Son Collaboration. New segments for Podcast 563-Bob Davis Podcast Radio Show-49. Original content for Bob Davis Podcasts Subscribers. In this show, you’ll hear discussion of the election so far. With the next scheduled state by state poll roundup podcast at the end of October and again just before the election we try to deal with substance in this show. Trump’s response in the debate to Chris Wallace’s question about abiding by the results of the general election on November 8th doesn’t come up. While we reacted to the statement in the debate, we’re both so focused on policy we didn’t think to talk about it in the show. The explosion of election and democracy issue the last few days shows the hysteria surrounding simple statements made by candidates. If you attempt to clarify a statement suddenly you’re “in the tank” for one of the candidates. Donald Trump and Hillary Clinton are adults and they can defend themselves without so called journalists, surrogates and talking heads telling us what the candidate ‘intended’ to say. Live from Los Angeles we talk about Los Angeles city issues, Trump’s foreign and economic policy and Andrew’s reaction as a Millennial to both candidates in the debate. While Trump is two or more points below Clinton in some of the key states, I bring up the wild card probability for the New York Developer to win the election. Could the pundits and the pollsters and so called ‘experts’ be wrong? We also look at Clinton and Trump claims concerning the economy, foreign policy, and their approach to governing. Political junkies should find welcome relief in this podcast from rhetoric because we deal with substantive issues. Old thinking, New Thinking, foreign affairs and policy, defense policy, economics and and rhetorical flourishes of the candidates. Sponsored by Ryan Plumbing of Saint Paul and Hydrus Performance.

Podcast 512

Orlando Terror Attack. Another terror attack on US soil. This one, the largest death toll in a mass shooting in ‘US History’, gets the attacker’s name in lights, until the next attack that ‘breaks the record’. We now call it the Orlando Terror Attack. Or just ‘Orlando’, for short. I ask myself, how should podcasters cover this? Radio and TV stations called their A-Teams in on Sunday morning to do round robin coverage, spitting out facts and interviewing the usual experts and political prognosticators, all in hushed tones. On the cable news networks, and broadcast networks, it was all presented over video loops of SWAT Teams walking around with nothing to do, cop cars with their lights flashing, the anguish of victims and witnesses, and ambulances hauling away the dead, the dying and the critically wounded. From a podcast perspective, we don’t need to do this. Yet this is one of those topics that is unavoidable. A big story. Then the recriminations and lamentations. The demands for change and action throughout the political spectrum. Of course this attack – because the target was a gay nightclub – has something for everyone to be outraged about. Isn’t that the essence of terror as a weapons system; To divide and conquer? To bust open the old wounds and scar tissue, to make sure we never unite against a common threat? To provokeTexas Lieutenant Governor Dan Patrick to say “men reap what they sow”, or politicians on the other end of the spectrum to demand that ‘sensible’ gun control legislation be passed. (Editor’s note: It seems to me this kind of thing would make people want to own guns in order to protect themselves, since clearly the government with all its power isn’t protecting us.) What would you have them do? Everyone has their list of solutions from bomb them back to the stone age – didn’t we already do that? – to seal the borders and only let ‘ethnic Americans’ in. How do we do that? The problem is, in the clear light of day, these ‘solutions’ are really just expressions of anger and don’t stand up under scrutiny. What will be done? Nothing. Nothing will be done. Why? Because no one knows what to do. The United States will hold an election in November, so any and all decisive action against this kind of attack will be delayed until a new president and congress can come to grips with it. That, of course, will take more time as policy solutions are developed, and sold to the American public. It isn’t as simple as ‘this one will invade and this one won’t’ either. Do you want to support Saudi Arabia and attack Iran? Do you want to support Iran against Saudi Arabia? the Saudis support ISIS and Iran supports the Shiites. How does that work? What about Russia? What about China? What about NATO member Turkey? How will they react? You might be surprised to find a President Clinton invading some foreign country in force, just as much as you might find a President Trump doing the same thing — assuming either one of them actually gets the nomination of their party. So, it’s a very complicated problem, a long term problem, with no real solution in sight. No, nothing will be done. There will be more attacks, and they will get more ferocious until the United States or the enemy — whatever you want to call it — miscalculates and goes too far. Then there will be a typically American overreaction. We’d all better hope it works, whatever it is, whenever it is. That is the takeaway from the Orlando Terror Attack. Sponsored by Ryan Plumbing and Heating of Saint Paul and by X Government Cars.

Podcast 485

The Political Walking Dead. As many are watching the final installment of the current season of ‘The Walking Dead’ results of the Wisconsin primary roll in, making a convincing case for the next season of the Hit AMC Show which might be aptly entitled, “The Political Walking Dead”. Why? With a win for Texas Senator Ted Cruz in Wisconsin, the challenge for Donald J. Trump to get to the magic number of 1237 delegates will be quite difficult. That does not mean that it will be any easier for Cruz – who has a couple hundred less delegates right now than Trump – or Ohio Governor John Kasich, trailing behind front runner, and his close challenger. Meanwhile on the Democrat side, Vermont Senator Bernie Sanders’ Wisconsin win might frighten Hillary Clinton (A.K.A Madame Mao) but unless Sanders can make inroads to the so called Super Delegates, he can count himself among The Political Walking Dead; Candidates who are campaigning but have little hope of winning their party’s nominations on a first ballot at their respective conventions. Establishment republicans have already stated their intent to split the delegate count, preventing Trump victories, by working for Kasich and Cruz in states that favor them. Is that what happened in Wisconsin? Don’t count on the pay-for-play media to report on that kind of substance. While there was little doubt about a Cruz victory in Wisconsin, one need only to look at the remaining primaries — which are outlined for you in this podcast — to determine whether they are winner-take-all or proportional states, and count it out. It will be very difficult for any of them to achieve the required plurality of delegates at the Republican Convention in Cleveland this summer. What happens? Very interesting question. Cruz and his supporters claim their campaign has already poached Trump delegates in North Dakota, some southern and midwestern states so their guy will arrive at the convention with the magic number of delegates. The Trump camp disagree.  Meanwhile, if you’re concerned your vote doesn’t count, you’re not alone. A recent poll shows GOP voters think the nominee should be the person who wins the most votes, regardless of the delegate count. By campaigning for delegates after primary elections, these campaigns and the establishment are showing voters they don’t care about their vote. In fact, this is a dirty game of pressuring delegates and getting to the magic number. Who do we blame? What the hell. Blame republicans. They’re the ones that wanted all these lackluster candidates. They’re the ones with no new ideas. They’re the ones that advertised a bad product and allowed a reality TV star to dominate this kind of a circus. And, republican voters who have no idea what they’re for ate it all up with a spoon. As we head for summer, the last few primaries and the mainline party conventions, one thing is for sure. Hijinks, Shenanigans and Surprises will be the order of the day in one of the strangest elections in US history. Sponsored by Ryan Plumbing and Heating of Saint Paul and X Government Cars.

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 444

Trump’s Folly? Midweek news updates. It’s all about Donald J. Trump who has managed to gain complete command of the media battle space on the issue of Jihad in the United States, on the heels of the San Bernardino, California attacks. With polls showing Trump with a commanding overall lead, compared to all the other Republican Candidates, his announcement that ‘Muslim immigration should be put on hold until we know what is going on’ has put him to the right of even Ted Cruz, and forced all the other Republicans into defending the President. Not only is Trump being compared to Hitler, (Ridiculous in its own right, since the greatest progressive in history and democrat President Franklin Delano Roosevelt didn’t waste a second rounding up West Coast Japanese-Americans after the attack on Pearl Harbor by Japan) his latest statement on Muslim Attacks in the US is being described as a ‘brilliant political move’. It all adds up to higher poll numbers for Trump and higher ratings on foreign policy and defense than the so called ‘adults’ in the room, like Lindsay Graham who called for a campaign this week to ‘Tell Trump to Go To Hell’. So much for adulthood. In this podcast, what you need to know, what this means, how to do your own homework and stop asking others to tell you what you’re supposed to think. Bottom line, the moderate leadership nominally referred to as ‘The Republican Establishment’ put George W Bush in office, backed him on the disastrous Iraq War (which did more damage to the Republican Party than Nixon), and continually expects the media to do their bidding for them. News Flash! If you’re a moderate establishment Republican, either serving in elected office or as a campaign consultant, people are sick of your crap and your unwillingness to join the fight. If you don’t understand why Trump is doing what he is doing, you’re dead. If people vote as the polls show, Trump is the nominee. If democrats insist on trying to take all the guns, stop people from saying what they think, and allowing ONLY the politically correct to speak, chances Trump will be President improve drastically. Americans might be stupid, but they see through all this political nonsense. They know, this President, this Congress and the Republican Establishment aren’t protecting them and aren’t fixing what’s wrong. Looks like what voters might be saying is, the time for the so called ‘establishment to get on the good foot, or get out, has come. Establishment Republican Moderates should be afraid. Very afraid. Sponsored by Hydrus Performance and Pride of Homes and Luke Team Real Estate.