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

Will 1968 Unrest Shockwaves Echo In 2018-Podcast 670

Every now and then it’s necessary to break it down. Why does a long time political observer and analyst find it more difficult to talk about politics these days? In Will 1968 Unrest Shockwaves Echo In 2018-Podcast 670.

Rhetorical Partisans

Some say the US hasn’t been this politically divided since 1968. At least in 1968 we were fighting about specific issues. It seems to me we’re fighting over a person in the present time frame.

Demanding Loyalty

Attack Trump. Defend Trump. At any cost. Ideas and principles aren’t important. Commentators are running for office, under the employ of some partisan organization, or supporting a person or point of view. Will 1968 Unrest Shockwaves Echo In 2018-Podcast 670.

Garbage In Garbage Out

Social media, the Internet and so called news sites spew a constant stream of invective, misinformation and outright lies. They are so busy predicting the future they put Tarot Card Readers and Astrologists to shame.

Read It and Weep

Denying our freedom to choose what we think about an issue based on facts, in the quest to demand loyalty is the height of folly. In Will 1968 Unrest Shockwaves Echo In 2018-Podcast 670. We end up shouting at each other; partisan mobs, not an informed electorate.

Sponsored by Reliafund and Ryan Plumbing and Heating of Saint Paul

Will 1968 Unrest Shockwaves Echo In 2018-Podcast 670

 

Flight Line Uprising-Live at EAA AirVenture 2017-Podcast 649

Most of us experience Air Traffic Control sitting in an airline seat. We don’t think about the processes behind getting airplanes from point a to point b. President Trump and Congress are in the process of detaching Air Traffic Control from the FAA. We’ll talk about it in Flight Line Uprising-Live at EAA AirVenture 2017-Podcast 649.

General Aviation Is Big Business

Air shows like this one don’t just showcase war birds and experimental aircraft. Osh Kosh has become synonymous with the business of aviation. It all started with the innovation of home builders. Over the years smaller companies have come here to sell their services and products. These days hundreds of small companies and all the large corporations are here. OSH17 isn’t just an air show it is a convention of aviation enthusiasts and the business of aviation in all its forms. In Flight Line Uprising-Live at EAA AirVenture 2017-Podcast 649.

Not Taking The Easy Way Out

As a podcaster it would be easy for me to walk the flight line. Record the B-29 arrival. Get the thunder of the B-1B flyover. Of course we will get some of those things in podcasts from this show but on the first day, I decided to dig deeper. Forgo the flight line and spend some time at EAA Press Headquarters to cover the opening press conference for EAA President Jack Pelton. You’ll hear his press conference live in Flight Line Uprising-Live at EAA AirVenture 2017-Podcast 649.

Is This Really A Free Market Reform?

These days politics finds us even when we try to escape. In what some feel is a first attempt in a raft of similar ‘privatization’ efforts, President Trump is pushing congress to ‘reform’ the nation’s air traffic control system. Trump’s form of privatization isn’t something out of a free market text book though.

Remember The War Board?

Part of HR 2997, the 21st Century Aviation Innovation, Reform and Reauthorization (AIRR) Act is to appoint a board of members from industry, labor and government. The job of this board is to modernize the US ATC system. As the whipping goes on in Washington (or sausage making) congressmen may not be aware of the vehemence of opposition to this plan from General Aviation. Flight Line Uprising-Live at EAA AirVenture 2017-Podcast 649.

Pilots And Air Traffic Controllers

In Flight Line Uprising-Live at EAA AirVenture 2017-Podcast 649, EAA, Air Traffic Controllers and Pilots talk about the ATC. Is this the right formula for modernization of the US Air Traffic Control system? Is the US on the verge of losing its advantage in aviation? Will this new board take a dark view of General Aviation which has been a source of innovation and business development for decades?

Sponsored By Brush Studio In The West End

Flight Line Uprising-Live at EAA AirVenture 2017-Podcast 649

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

 

 

Podcast 570-Election 2016 Results

Podcast 570-Election 2016 Results. Comprehensive analysis and minute by minute vote totals for Election 2016. How do podcasters cover presidential elections in real time without being live on the air, and without streaming? Podcast 570-Election 2016 Results shows you how. Follow along as I experience the election in real time on November 8th, 2016. The world seems surprised at news that Donald J. Trump has won the presidential election in The United States. Podcast 570 and Podcast 569 are meant to be listened to as companion podcasts. Since I did not endorse either candidate, I was able to provide objective analysis and experience the race objectively. Podcast 569 broke down the final poll data for the state by state races, avoiding any analysis of the national presidential preference polls. This minimized the surprise for anyone subscribing to the Bob Davis Podcasts, because you already knew no one could comfortably call this race. That did not stop the charlatans in talk radio, cable news and on line from attaching probabilities, or calling the race for one or the other. Not only was this race surprising overall, it was surprising on the state by state level. For the most part though, the state by state polls were either close to the totals in some cases, or within the margin of error. The US election is a state by state election, with the electoral college actually choosing the president on or about the 15th of December. In this hour plus long podcast I’m joined by friends, and family on the phone as well as a late night visit from local Minnesota Politico and web developer Mitch Rossow. At the close of this podcast we’re still waiting for Michigan and Minnesota returns to come in. I’ll have to update those on the next podcast. With Republicans retaining the Senate and the House majorities, and now winning the Presidency, now it is a question of the way forward. We’ll be talking about these issues and more on future podcasts. Pundits like to say the country is divided. What they might say is we can now agree on one thing. The worst election in recent memory is now, mercifully, over. And, tomorrow is another day, after all. Sponsored by Ryan Plumbing and Heating and X Government Cars.

Podcast 569-Final State by State Round Up

Podcast 569-Final State by State Round Up. Where the state polls stand for presidential candidates right before election day 2016. This podcast does not endorse a candidate. I will not make you feel good or bad about your vote, or non vote. I will not attach ‘indexes’ and ‘percentage probabilities’ to potential wins or losses for the candidates. In Podcast 569-Final State by State Round Up, how candidates fare in each of the states according to existing polls. Partisan and advocacy journalists don’t provide insight on survey research. I do. What you’re getting from the cable news channels and advocacy news ‘websites’ are charlatans pushing their point of view. Fact is, no one knows how the election will play out in any of the so called battleground states. That’s because despite all the best effort, even the best political researchers are challenged to determine who is actually going to show up to vote especially when the polls show a close vote, within the margins of error. Elections are made on who votes. Not the number of signs. Not the number of people who show up at rallies. Not who ran the best TV spots. It’s all about getting the vote out. Once the vote is in, it’s all about counting. Is the election rigged? In a sense, yes. The United States is a representative republic which elects its executive not by the popular vote but through an institution known as the Electoral College. Some states’ electoral slates are proportionally chosen. Some states select electoral slates by party. The electors themselves have already been chosen. They will actually select the President of the United States on December 15th, 2016. In some states the popular vote determines how the electors are ‘supposed’ to vote. In some states it depends on which party’s candidate wins the overall vote. No so called ‘rogue elector‘ has ever been prosecuted for voting outside the state statute guidelines. In the event of an electoral tie, the election will be decided by the US House of Representatives. One thing is true, the republicans are the ones talking about ‘rigged’ elections right now, but if Donald Trump wins the presidency they’ll stop talking about that immediately and the democrats will start talking about things being ‘rigged’. The only thing coverage of these kinds of conspiracies do is reduce the faith Americans and the rest of the world has in the electoral process. In reality, ‘rigging’ a national election is a difficult task, despite what movies and conspiracy theorists say. If you are concerned about your candidate winning the election, the best thing you can do is turn off the TV and get out and help them win by driving people to the polls or making last minute calls, poll watching, or if you’re qualified, volunteering as an election judge. Thankfully we’ll be looking at election night results in the next podcast. Sponsored by Hydrus Performance and Brush Studio, in the West End, Saint Louis Park.

Podcast 532

What I think of Election 2016. Getting emails and calls from people political analysts would consider ‘low information voters’ asking what I think and who they should vote for. So in this podcast I am going to tell you. First thing? When you consider the low quality of all reporting on election 2016 everyone is pretty much a low information voter. In 2016 the country is facing decisions on major issues in economics, immigration, trade, foreign policy, military, diplomacy, social issues and more. Almost no one fully understands the contours of these issues well enough to discuss them. Instead what we have are tribes of people who are very emotional about these issues. They know the latest meme. They know all about the latest scandal and the latest ‘story’ evolving concerning who said what about who, and the reaction to it, but when they’re asked to discuss any of the key issues of our time with clarity and depth, as they say in the windy city; “fergitaboutit”. Who do I think should be president in 2017? None of them. Repeat. None of them. If you include the so called independent candidates and the mainline party candidates they’re nothing but placeholders. Someone needs to lay out what the potential outcome of this election will be, regardless of who wins the office. I start – repeat start – to do that in this podcast. I realized about twenty minutes in, this is going to take more than one ‘talk’ podcast (with no editing) to lay out all the possibilities and outcomes. Bottom line? None of the potential outcomes bode well for the future of the United States. We’ve had a series of placeholder presidents, and it looks like we’re about to have another. Meanwhile, the country is getting closer and closer to what I call a ‘clarifying’ event that will wake people up from their media induced hypnosis, and reinvigorate the political process. Maybe. Maybe not. Meanwhile, if you expect to get information from television and radio, and from the standard websites these days, I feel sorry for you. If you guess you’ll find “the truth” on You Tube’s conspiracy channels, and the Drudge Report, guess again. In What I Think of Election 2016 you’ll get my read at the present time, which sets up future podcasts specifically on the issues in the hope of giving listeners to the Bob Davis Podcasts a little more substance and depth than you’ll find anywhere else. Meanwhile, it’s on to the motorcycle rally at Sturgis from here. Sponsored by Hydrus Performance and Brush Studio in the West End, Saint Louis Park.

Podcast 529

First Night at EAA. Sunday nights are load in nights for exhibitors, fly-ins, and media at the EAA AirVenture Air Show at Osh Kosh, Wisconsin. I always celebrate with a regular podcast, live from just under the control tower as we start a new week, on the First Night at EAA. It’s late. Everyone is asleep, but I am getting in the last few thoughts on the coming show, and new developments in the political world this weekend. Having just come from the RNC at Cleveland and witnessing the divisions in the Republican party firsthand, it’s a little weird to see the same kinds of fissures developing with the democrats at Philadelphia with the specter of the democrat establishment killing the grassroots too. Throughout this hot and stormy Sunday I’ve been thinking about a recent email exchange with a Trump supporter that says so much about American politics today. A gentleman who normally sends me great jokes via email suddenly swerved into politics exhorting me and a few score others on his email list to ‘vote Trump’. Why? Because Trump is going to get rid of NAFTA and the TPP and bring all the jobs back to the United States. I decided to press him to find out exactly why he thinks what he thinks and why he would take the unusual step of pushing his friends to vote Trump. It took several emails to learn he just ‘feels’ Trump is the best guy, Trump is like Lincoln, Trump knows what to do and he’ll do it, and don’t make me explain this stuff, google it. Then he asks me what I think of the questions I asked him! That serves as a debate in the land of Trump. A place where everyone gets what he wants, when he wants it, because Trump said so. A place where one bright morning a box will arrive from China and everyone will open it up and find a note that reads, “Sorry about taking your job at the bucket factory way back in 1997 but we needed it. Here it is back, slightly used but we hope you’ll forgive us”. There it is people. Donald J. Trump is going to get Uncle Joe his job back at Bethlehem Steel so he and Martha can buy back the 1993 Buick Regal, which the GM plant in Flint will be making again thanks to old ‘I’ll make the trains run on time’ Trump. I realized, while ordering coffee at the concessions stand next to the beautiful B-25 out here on the airfield, that there are a lot of 50+ children out there. Thinking is just too hard. Researching facts takes too much time. Actually learning the contours of an issue is a job no one wants. Lots of final thoughts — for the time being — on the convention, the resignation of Debbie Wasserman Schultz as the DNC chair, and the impending Trump presidency. Or not. Thank God I can talk about airplanes for the next few days! Sponsored by Hydrus Performance.

Podcast 427 – Michele Bachmann

Michele Bachmann. The Bob Davis Podcasts caught up with former Congressman Michele Bachmann at the Citizens Council For Health Freedom annual dinner. Bachmann proves she is still a firehose and a firebrand when it comes to talk about politics. The CCHF is interested in repealing Obamacare, so this is where we start. Does the former congressman really think this congress, or the next, is going to actually repeal the ACA? How would that vote be taken? Sharing some of her experience from the presidential campaign trail in 2012, she talks about Jeb Bush and Donald Trump, and responds to a question about Trump’s seeming support of not repealing the ACA, saying Trump is willing to change his mind. She goes on to blast current republican leadership in the House of Representatives, and especially Minnesota Republican Leadership for not taking the fight to the left. She also takes on what she feels are the big issues in the 2016 race, starting with illegal immigration, and her analysis of what the republican base wants. Bachmann says Minnesota Republicans are risk averse, afraid to take on the democrats and the left, on the issues. In comments sure to ruffle some careful republican feathers, Bachmann says Minnesota’s Republicans at the state and federal level ‘don’t want editorial boards mad at them’. Bachmann says the Democrats are pushing hard left to their base, while the right is doing the opposite; pushing more to the center and ‘kicking its base in the shins’. Current Republican leadership in Minnesota really isn’t going to like her critique and explanation of why she thinks they are doing a bad job, but the base will celebrate what she says. Bachmann agrees with many of her former constituents who lament the loss of what she calls conservative leadership in Minnesota and reminds people on the sidelines in the Republican camp that one person can make a difference, providing a detailed history of how she got involved in politics in Minnesota in the first place, and then on to Congress and a presidential campaign. The former congressman and 2012 presidential candidate travels the country speaking, and proves in this interview she is as capable as ever of shaking things up. Is there another election in her future? Listen and find out. Sponsored by X Government Trucks and Eric and Erum Lucero of Pride of Homes and Luke Team Real Estate. 

Podcast 222

2014 Election Coverage. One month away from Election 2014, The Bob Davis Podcasts begins its coverage. All the pundits and big networks have developed story lines for the election this year: What’s going to happen on election night. What is Bob Davis’ story line for the evening of November 4th, 2014, when election results start pouring in across the country. Will it be a Republican Wave? That’s the story line. Is it true? What about Minnesota state elections for state-wide offices and the legislature? How do ‘regular’ people decipher what the polls say, and what they mean? Does any analyst have a handle on what people are thinking going into this election. While voters are dissatisfied with President Obama, they are also dissatisfied with the House of Representatives, the Republican Party and the US Senate. Moreover, with 435 local congressional district elections, 1/3rd of the Senate and local elections across the country, the results may depend on local personalities and local issues. Republicans point to leads in some states they hope to pick up Senate seats in, but are those leads wide enough to overcome democrat turn out advantages. Do Democrats really have a turn-out advantage? And what about those polls? Are they to be believed? Is there a rule of thumb observers can use? Where to go to find the polling data, and the averages all in one place. What will be the big story on election night? Republican take over of the US Senate? Or will the Democrats hold? Will Republicans win state-wide races and the legislature in Minnesota? We welcome your comments and suggestions regarding coverage via the comments section at the Bob Davis Podcasts. And, introducing the over-the-top theme for Election 2014 coverage from the Bob Davis Podcasts. Sponsored by X Government Cars