FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723

Every once and a while it’s good to roll through the news and pick a few stories to talk about. Used to do this a lot back in the radio days. These days not so much. We’ll talk about it in FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723.

The Brits May Say Goodbye To FM

Radio is a good place to start. Seems the Brits are getting rid of the FM Radio Band. Listening to digital services in the UK is now over fifty percent. Meanwhile in the US, the radio industry insists on telling the world radio listening has never been higher.  I don’t believe it.

Young Adults Abandon Radio

Especially relevant is an informal survey I did recently of younger adults. I asked them if they listened to the radio. Virtually none of them have. In years.

Princess Leia On Your Smart Phone

Radio talk makes me want to talk about tech. Remember the Princess Leia hologram in the first Star Wars? The first holographic smart phone is due to hit the market this year. The Red Hydrogen One will allow you to shoot 3D video and projects a holographic display which doesn’t require special glasses to see. Another idea from Star Wars that has become real. Details in FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723.

Big Tech Makes Us Mad

When they’re not complaining about gas prices, people love to complain about social media and big tech companies. With so many of the top market cap companies in the tech world, like Amazon and FaceBook for example, people are getting worried they might be too big. Regulation is the answer, right?

Not So Fast

Big Tech Disruptors

What disrupts social media and tech companies? Artificial Intelligence and Crypto Currencies to name two. Blockchain, Smart Contacts and Community to name three more. Moreover when you combine these new ideas with robotics and a faster and more robust internet, the next big thing might not be Amazon, FaceBook, Google or Apple.

Maybe It Will Disrupt Big Government Too

If so called ‘Big Tech’ can be disrupted by this ‘crust’ of new tech ideas that give the consumer control of their identity and money, what’s the possibility for the disruption and eventual dissolution of our sclerotic government? Think about it with me in FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723.

Minnesota Where Corruption-I Mean Business As Usual-is Legal

In conclusion it’s business as usual in the land of ten thousand lakes. The 2018 Governor’s race is heating up. Retiring 1st district congressman Tim Walz just got the nod from Education Minnesota. This is a big endorsement for Democratic candidates. On the Republican side the more things change…

Attack Of The Re-Treads

Gubernatorial re-tread and wealthy banking lobbyist Tim Pawlenty has decided to forgo the Minnesota GOP’s State Convention at Duluth in the beginning of June. He says he got into the race too late. Truth is, the twenty or so rich guys in Minnetonka don’t like the grassroots political community. Find out why in FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723.

Sponsored by Water Butler Water Purification and Reliafund Payment Processors

FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723

Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707

The economy is booming. Everything is getting better. Talk to a Trump supporter these days and that’s what you’ll hear. We’ll discuss it in Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707.

The Economy Is Booming

A few weeks ago the Atlanta Federal Reserve, known for its bullish predictions, announced first quarter 2018 economic growth might be as high as 5.4 percent. It sure seemed to make sense, to hear main street tell it. Wall Street seemed to agree. In Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707.

Wait! What? But You Said The Economy Was Booming!

This week the same Atlanta Fed announced a revision of its earlier prediction, suggesting economic growth for the United States might only be 1.3 percent. Less than the 2+ percent growth in the fourth quarter of last year, which was hardly booming.

We Have To Make Stuff, right?

We’ve been hearing it for awhile. America doesn’t make stuff anymore. Trump’s gonna fix it. Trade protection for the struggling manufacturers. Help for the broad shoulders of America’s industrial past. Trump’s gonna show ’em all. Find out if this is true in Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707.

Where Is The Greatest Generation When You Need Them Say The Baby Boomers

Whether it’s your local Tea Party guy or President Clinton’s former labor Secretary Robert Reich, the chant is the same. We don’t make stuff anymore. Sudden authorities on the subject of character point to World War II heroes and 1930’s social welfare warriors as paragons of virtue. The past sure seems sweet to the baby boomers these days.

Suddenly the 1950’s are back.

Forget Big Oil and Banking Go After The Tech Guys

Especially relevant are the Steel and Oil barons. They used to be the villains. Now it’s the tech guys. Republicans used to be against regulation right? Suddenly the republicans and democrats want to regulate social media and search engine tycoons, because ‘something’s got to be done’. Listen to Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707.

Smells Like Reagan But…

Administration officials talk trade protection and a weak dollar. So called conservatives add trillions of dollars in debt to pay for tax cuts. There’s talk about increasing taxes on gas and diesel and spending hundreds of billions more on building bridges and roads. There’s talk of US involvement in war in Syria and on the Korean peninsula. These are republicans?

Does that sound like the Reagan Revolution to you?

Everywhere an unseen revolution in technology is eroding and wiping away institutions, including government. The right and the left have lost their way. Big change is upon us. We’re going to have to figure out what comes next because our leaders never will

Are we?

In conclusion we can’t go back to the 1950‘s. However, we can’t seem to move forward. What’s our role in creating the future. What are the most important values in a world where human beings may live hundreds of years longer, robots will farm and manufacture, money will be on your hand held device, cars and trucks will drive themselves, drones will deliver and your robot girlfriend may be a lot smarter than you!

Sponsored by Reliafund

Unbounded Optimism-Exuberance-Technology Revolution-Age Of Trump-Podcast 707

Fear Anxiety Hope In A Time Of Fast Change-Podcast 643

In Fear Anxiety Hope In A Time Of Fast Change-Podcast 643 a look at coping with angst. Social media and instant coverage drives more worry and concern. How do we cope?

Fast Change

It’s hard to believe how much the world has changed in just ten years. Five years ago social media was in its infancy. Twitter is just 11 years old this year. The iPhone is only ten years old. Smart devices are getting smarter. Especially relevant is the truth that change is going to go faster. Drones. Cyber Terror. Driverless Cars. Autonomous Machines. Some of the effects will be good. Some will not be good.

Fear Anxiety Dread Anguish

Seems like we used to talk about robots disrupting traditional businesses. Now it’s happening. So, when Amazon buys Whole Foods, there is a reaction. Does this mean people will lose their jobs? Does cheaper food mean deflation? When there is a new development we’re immediately told what the effects will be before anyone has had a chance to soak it in. In In Fear Anxiety Hope In A Time Of Fast Change-Podcast 643.

Gonna Take More Than Just Love

What is the antidote to fear and loathing? Truth is, it would be easy to say love is the answer. What is love without knowledge? Remember how we learned to swim or ride a bike? There was fear at first, until we figured out step by step what we had to do to float, or balance. From knowledge and experience comes judgement.

Building A New World

New technology forms the cornerstones of the world we’re building, whether we want to build or not. Social media, constant coverage, blathering back and forth, isn’t going to stop. We need to learn more and fear less in order to make the right choices. Perspective comes from the combination of knowledge and life experience. The more we know about things we don’t understand the less we fear them. We’ll talk about it in In Fear Anxiety Hope In A Time Of Fast Change-Podcast 643.

Taking Charge

Human connections and real experiences are also important. Turning off the shouting back and forth. Taking a break from politics. Giving to and accepting help from those that come from different perspectives helps build a base of experience and knowledge. Reading a book about something not relevant to the day to day. Travel.

Try a Head Stand!

Finally, it helps to have some kind of physical practice. Whatever it is we like to do. Hiking, hunting, yoga, martial arts, camping, running. It all helps to get away from the natural inclination to check your twitter feed or post another selfie on Instagram.

Sponsored by Ryan Plumbing and Heating of Saint Paul

In Fear Anxiety Hope In A Time Of Fast Change-Podcast 643

Podcast 595-Money

Money and Controlling the Media Battle Space

Money. Money. Money! Everything the new President says and does is controversial. The latest eruption concerns Trump’s executive order regarding immigrants from several war-torn countries in the middle east region. A handful of court rulings challenging the order are centered on whether due process can be denied people allowed into the United States legally. The court rulings do not suggest the President cannot use executive orders to control departments in the executive branch but whether if the executive orders deny legal rights without due process.

This is just another in a series of actions and comments by President Trump and his administration that have received wide comment and coverage in the media. While protesters protest and media outlets gas-bag about the latest affront to society, Trump and his people throw another rock into the lake creating new ripples that have to be protested against and reacted to by the already too reactive media. This is a tactic or strategy known as an OODA Loop. Trump is forcing the media and his opponents to react to him. When they react his team observes their reaction, decides on a new initiative and then acts, restarting the loop. In this way the administration controls the media battle space.

About the Money

In Podcast 595-Money: When it comes to Money, once the initial spate of executive orders and stunts at press conferences passes, Congress and the President will get down to work on legislative initiatives to address the moribund economy of the United States. Podcast 595-Money wonders whether what has been talked about by this president on the campaign trail and in the media will indeed, make America Great Again.

No Growth

The United States has grown less than 3 percent a year roughly for the last eight years. Those old enough to remember the early 80’s know that the experience of robust economic growth in that era was real. People didn’t worry so much about getting jobs. As inflation came under control and interest rates came down and as unemployment started to come down, optimism took hold. We have not had that kind of feeling in the United States for a long time.

The question is whether the things Trump wants to do will actually produce economic growth. Middle Class taxes are already historically low. Cutting corporate taxes may result in higher profits which is good for Wall Street but may not translate to jobs. Some parts of clearing out the thicket of Federal Regulations can be done by executive order but most of it will require congressional action. Will a Trillion Dollar Stimulus package to build roads and bridges spur economic growth?

A Republican Stimulus?

President Obama’s Trillion Dollar stimulus was supposed to stimulate economic growth and didn’t. Part of the problem with big federal stimulus efforts is the money has to be block granted to states and the spending becomes political. Another issue is the fact that most people in the United States are employed in services rather than construction trade. Aside from the fact that government spending doesn’t ‘create’ jobs, putting people to work in a small swath of the population usually doesn’t result in a high multiple. This is why the Obama Stimulus produced dubious results.

Another problem is Trump’s Trade Protectionist sentiments. While the trade unions love the idea generally the United States has been a free trade nation. Trade agreements are negotiated because most of our trading partners are trade protectionists. The agreements generally break down borders to our trade. The fact certain kinds of manufacturing is cheaper in Latin America and Asia has actually benefited Americans in the form of cheaper goods. Putting up barriers to manufacturing overseas also means goods in the US will become more expensive.

Most of the jobs lost in the last decade or so have been lost due to information technology, robotics and automation. New manufacturing plants are much more automated these days which means they will not produce the manufacturing jobs expected. When one considers completely automated warehouses like Amazon’s and robotic manufacturing like Elon Musk’s showplace plant, don’t expect ‘bringing manufacturing back to the United States’ means jobs at the factory for Uncle Mike.

If you believe the economy is the sum total of individual’s transactions then an economy can be considered a force of nature. This is the first time in recent memory a ‘conservative’ president has endorsed trade protection and big government spending. Two of the biggest problems economically in the United States are the ongoing budget deficits and the total public debt. One wonders how the cornerstones of the Trump economic policy will produce enough growth to reduce the deficits and public debt.

Finally in Podcast 595-Money, the proof will be in the pudding. With all the other controversies swirling around this president after just two weeks if his policies fail to produce the promised economic growth republicans will have real problems in the 2018 and perhaps the 2020 cycles, especially for the politicians that endorsed Trump. Be careful what you pray for.

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