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

 

 

 

Ready For Another War in North Korea? Podcast 626

North Korea continues to test missiles and make threats. The United States sends ships and rattles the saber. Time to talk about North Korea and War on the Korean peninsula in Ready For Another War in North Korea? Podcast 626.

Korean History

Korea has a rich history. Japan ruled Korea from 1910 to the end of World War II. In 1945 Koreans hoped for self determination. Didn’t work out that way. Russia and China supported the North. The United States supported the South. The peninsula was divided at the 38th parallel.

Costs Of The Korean War

In June of 1950, supported by Soviet weapons, Kim Il Sung invaded South Korea. Three years of war cost the United States 33,000 military deaths. Estimates of civilian and military deaths in the North and South during the war, range between 1.2 million to 2.5 million.

North and South Are Still At War

July 1953. Panmunjom. A cease fire agreement ended the fighting but not the war. 25 million residents of Seoul, South Korea live today under the threat of mass artillery attack from the North.

The North Is A Nuclear Power

North Korea has had a nuclear research effort since 1956. Since the 1980’s efforts to prevent proliferation of nuclear weapons have included posturing, threats, aid, agreements, negotiation. All failed. North Korea today is a nuclear power. It is researching development of ballistic missiles. Currently they have only about a 1500 kilometer range.

Trump’s New Direction

President Trump has appears to have taken a more realist approach to foreign policy. What does this new direction mean for the US and the world? Will there be a positive effect to pushing the North Koreans beyond their resources? What are the scenarios for a potential regime change? Does the administration have a plan?

Americans In The Dark. Again

If the US becomes involved in a military conflict on the Korean peninsula what will the costs be? What happens if the current regime is removed? In the rush to report on ships and planes, military capabilities, and the latest back and forth, once again we’re not being given key information by the media. In Ready For Another War in North Korea? Podcast 626.

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

Ready For Another War in North Korea? Podcast 626

 

Getting Your News Groove Back-Podcast 621

Social Media Rules

More of us get our news from social media these days. Problem is most of the ‘news’ on social media doesn’t adhere to standards. Might feel better informed, but it’s hard to tell the difference between writing to a standard and propaganda. In Getting Your News Groove Back-Podcast 621.

Internet Never Lies

People are in the habit of posting, sharing, liking and commenting on stories that support their point of view. People apparently believe anything published on the Internet that looks credible and comes from a site they visit often. We are floating on a sea of bad information.

Garbage In Garbage Out

News stories not written to standard assert things that turn out to be false. What’s worse, this kind of information poisons the discourse. Thoughts, insights and ideas based on bad information form into concrete assumptions and conclusions. Those conclusions drive people’s ideas about the world.

Propaganda and Manipulation

In Getting Your News Groove Back-Podcast 621 I’ll provide some examples of story-lines that have not been proven. Most of the time these stories reinforce the right versus left thinking that ruins friendships and family ties. It’s what makes social media so angry and vitriolic.

There are standards. When you know the standards you can determine whether a writer lives up to those standards. Without standards we’re susceptible to a steady stream of propaganda and manipulation. It’s up to us to learn the standards and choose what we post, share, like and comment on accordingly.

Context and Perspective

A steady diet of Social Media, 24 Hour Cable News and Talk Radio is like junk food for the mind. This ruins a person’s ability to discern whether assertions are true or just opinion. When all we do is read stuff online, watch You Tube videos and listen to cable news and talk radio we lose the context of major stories. We don’t get the details to be able to master the issues. Getting Your News Groove Back-Podcast 621  explains how to do that.

Getting Your News Groove Back-Podcast 621

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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 292

Free Speech. The founding principles of the US Government guarantee freedom of expression, without qualification. Americans have gone to war to protect their rights, and to fight for the same kinds of rights for the people of other countries. It might be said, at the very least Liberty is the main tenant of Western Society. Why then do we tolerate ‘leaders’ who insist on qualifying these unalienable rights? The White House has qualified its assertions of freedom of expression and this was a week in which President Obama was shamed for not showing unity with our French allies in their time of need. But, Pope Francis didn’t attend the massive march in Paris either. While both President Obama and The Pope initially condemned the Paris attack on Charlie Hebdo, they seem to be back pedaling their remarks. The Pope, in his shiny big airplane, on the way to wave his scepter at the dancing peasants in the Philippines, says Freedom of Expression has limits, echoing similar statements from the White House. The Pope says killing in the name of God is an ‘aberration’; a factually incorrect statement since the Church has advocated and killed quite a few people in the name of God over the years. In the next breath the Roman Prelate asserts there are limits to free speech. Um, no your communist Holiness, actually, there aren’t. And to the qualifiers; Please stop comparing Charlie Hebdo’s cartoons to yelling fire in a crowded theater. The idea of free expression was made for just this kind of thing. If our leaders won’t stand up for core western values without qualification, what is the point of western civilization? If protecting unalienable rights is in fact virtue in its purest form, and the reason for the existence of our government, and our leaders won’t protect our rights, or are afraid to stand up for them when we are threatened, where is virtue? What, then, is the purpose of government? Let’s put it this way; The Pope is certainly no Winston Churchill. If he isn’t confusing economic philosophy, jumping on board with Global Warming Believers (a religion in itself), now he’s exhorting supposedly free people to act as though they are actually not free at all. Is the Pope morally bankrupt? Sponsored by X Government Cars. (Editor’s Note: I may have referred to Pope John Paul II, in this podcast as Pope John Paul the 23rd, which of course is a mistake. I hate when I make mistakes!)

Podcast 281

Live From The Living Room. There’s no plastic wrap on the furniture, but The Bob Davis Podcasts is live from the living room, updating you on the last few stories of 2014. No, there are no countdown lists, best of’s, worst of’s, rankings or other nonsense to tell you how ‘special’ 2014 was, in its final hours, as we head to the New Year’s this week. Remember all those sale price deals from Black Friday? With the Christmas season over, the returns begin. Retailers now take your return, put it in a box, and send it to an online liquidator, which sells it for pennies on the dollar. While retailers moan and groan about Internet sales, they continue to follow business and customer service models that seem like they’re from the 1980’s, let alone 21st century. Making customers traipse across town to find items they need now, offering discounts only after you send in the rebate, not having items in stock, and of course, not seeming to care when customers find the sweater they paid 150 dollars for on some online liquidator for 20 dollars. Did you watch Sony’s The Interview on You Tube? If you did, or tried to, you discovered the hoops you have to jump through to see it. Now iTunes will feature the ‘controversial’ and critically panned comedy about the assassination on North Korea’s ‘Leader’, Kim Jong Un, and you can rent it for 5.99. Wonder if Sony’s intention all along was to bypass the theaters to be able to release first run films to VOD? Jeb Bush as ‘surged’ to the ‘top’ of all potential Republicans candidates for the GOP presidential nomination in 2016, and here come the articles extolling his so called conservative virtues. Do we really have to ask whether Bush is conservative? Are Republicans going to fall for this trick again? (Editor’s Note: Probably? Yes.) What’s needed is a radical reduction in the scope, size, cost and power of all government. The new technologies want Low Entropy systems, and Government is one of the highest entropy systems known to man. Jeb Bush will not ‘make government work’ any more than Barack Obama did. And speaking of the President; Despite the departing Congress’ effort to remove funding for Obama’s immigration ‘executive memorandum’ on immigration, the White House is spending at least 50 million dollar to hire a thousand federal employees and set them up in a building near Washington to process all the illegals effected by the order. Yep. Don’t use existing bureaus because that might actually make sense. But don’t worry, Bush III will fix that. Finally, MSNBC acknowledged it has a terrible year (because it blows), and the network will begin offering digitally delivered programming, mostly sports. Bob Davis has already predicted the network will go all sports soon. Not only is the retail model ‘so 1999’, so is the model for talk radio, and cable television news services. Sponsored by Depotstar

Podcast 273

Cuba Libre! President Obama decides to normalize relations with Cuba’s Communist Regime, and forgets to ask Congress. As with all major news stories, the media leaves out key details, like the fact that several laws have to be repealed in order to actually ‘normalize’ relations with Cuba. Among the requirements, the end of the Castro Regime. Pesky laws don’t stop Obama from giving away the store to get ‘a win’. Besides, decisions to cut diplomatic relations with Cuba were made ‘before we were born’. Now you understand why the President doesn’t like the US Constitution. He doesn’t think you have to follow laws that were made before he was born. Notice also the Cuba story has now wiped the horrible school massacre in Pakistan by Taliban — the Taliban we’re supposed to be defeating in Afghanistan — off of your TV’s. Furthermore, there will be no discussion now about whether the Australia-Iranian -Sex-Offender-Terrorist had contact with IS, or whether the Canadian Parliament shooter had contact with IS (which both apparently did). Americans should be wary of these kinds of attacks which will be called ‘Lone Wolf’ attacks, but won’t be. Especially at schools. It is now reported that the North Koreans are behind the Sony Pictures Hack. After the ‘hackers’ (AKA the North Korean regime) made terroristic threats, Sony Pictures has courageously pulled the debut of the movie ‘The Interview’ which depicts two reporters, who get an interview with North Korean ‘leader’ Kim Jong Un, only to be tasked by the CIA to assassinate Un. Meanwhile, the US has suffered its first Cyber Attack Defeat. What’s the President — who’s actual real job as CINC is to protect the American People and companies from threats like this — going to do? Maybe he’ll normalize relations with the ‘Hermit Kingdom’ as well, but only if the Communist Pope helps him. Sigh. One thing is for sure, Little Jong Un sure is sensitive to ridicule, and thus our greatest weapon is in fact, intense and unrelenting ridicule. Rather than pulling the movie, Sony should announce it will make the darkest, most depressing and realistic portrayal of the moral sink known as Camp 22 (The North Korean death camps) and release it world wide. Don’t expect any more movies to be made telling the truth about tyrants, ever in Hollywood. Especially China or Russia. Correction, the moral sink is Hollywood. What a morass of hopeless cowards they are. Retch. Of course the news media runs a close second. Got a story about a high school kid that made 72 million dollars in the stock market. Great! Run It! Fact Check? Dammit, we want eyeballs. Readers. Clicks! Oops, New York Magazine’s Jessica Pressler fell for a high school rumor and got burned because she didn’t fact check. The kid’s parents forced the freshman to come clean. No, he didn’t make any money. Zero. Meanwhile, TIME magazine has just told their reporters and writers that if they aren’t popular on the Internet, they will be fired. And you wanted facts! (Editor’s Note: I think I refer to New York magazine as New Yorker magazine in this podcast, but what the hell. Why let a fact get in the way.) Sponsored by X Government Cars