Podcast 317

Scary Scott Walker. A year away from the first 2016 presidential primary and more than a year from the start of the 2016 presidential campaign, the so called mainstream media – which really doesn’t reflect mainstream America – is terrified of Wisconsin Governor Scott Walker. This week, the Washington Post conducted an ‘investigation’ of Walker’s college years. The paper discovered the future governor didn’t like French class, campaigned for class president, wore a suit on campus and was kinda geeky. The big mystery? Why did Scott Walker leave college in his senior year? Was it because he did not have enough credits to graduate anyway? Did something happen? Funny, do you remember any big investigation of why Apple’s founder and muse Steve Jobs dropped out of Stanford? What about Bill Gates. What deep dark secret drove these men? Will we ever know? How can any man or woman without a college degree become president of the United States of America? Let’s see, William McKinley withdrew, William Henry Harrison withdrew, Harry Truman withdrew, and gosh so did Scott Walker! Should the president have a college degree? While the smartest man ever to hold the office – Barack Obama – has a degree and spent a fair amount of his formative years enfolded in the warm embrace of academia, some might submit he has not been helped by those smarts on the policy front, since his presidency is pretty much a disaster, even with all those degrees on the wall. Oddly enough, Governor Walker is in good company. Abe Lincoln dropped out after a year and taught himself well enough to get a law degree, Andrew Jackson was homeschooled and became an attorney with no formal education, Coco Chanel never went to college, advertising maestro David Olgilvy was kicked out of Oxford, Henry Ford did not attend college, nor did John D. Rockefeller. Michael Dell, Steve Jobs and Bill Gates were all drop outs. Is college a good thing? Absolutely. It refines, teaches people to write well, exposes them to other cultures and ideas they might not have experienced otherwise, and gives them training to become officers, teachers, managers, scientists. That these are good things is not argued. That such an experience is necessary to be the President of the US is. Scott Walker terrifies the democrat AND moderate republican because he has won 2 elections, one recall election, and a bruising fight with the most potent force in American politics; Unions. Specifically, unions representing public workers. The mighty left wing Wurlitzer is just getting warmed up as it ‘investigates’ Walker, asks whether someone who does not have a college degree can actually be president, and lionizes the ‘legendary’ capabilities of union sponsored political pressure groups that opposed Walker (and lost … 3 times.) Will the Governor surprise everyone in 2016? We Shall See. Sponsored by Complete Basement Systems

Podcast 298

Heavy Stories. In the first of two podcasts for the weekend of January 23rd, 2015…the heavy stories. Lots of talk about the State of The Union, whether or not a Republican Congress can govern, factions forming in the House, and all the other static. These stories have obscured for the time being, discussions of the effects of the price of oil. The low price of gas is almost always celebrated by the media as a ‘good thing’ since ‘reductions in the price of gas, act like a tax cut on the economy’. While it is a pleasurable to experience to fill up your tank for less than thirty dollars, throw in a car wash and come away with change from your fifty, we still have a long way to go before the ‘tax cut’ experience kicks in. Suddenly though, the story line has changed. Media outlets and pundits who enthusiastically endorsed lower oil prices as ‘acting like a tax cut’ are suddenly decrying ‘deflation’ in the economy, and writing stories about how deflation can only lead to ruin, and ‘something’ must be done. Meanwhile, the price of beef, milk, cheese, rice and other staples at any store, whether it is a Walmart or a ‘Whole Paycheck’ aren’t ‘deflating’ very quickly. And since wages have not kept pace with even moderate inflation, Americans will need to see further reductions in the rate of inflation (Disinflation) before the celebration begins. And what about those media outlets? Why they have found a new story line … horrible and giant oil companies that are suddenly laying of noble workers in North Dakota and Texas. What will happen when companies start laying people off, due to reduced pricing power? (Editor’s Note: They don’t mention that energy price inputs for companies are also getting cheaper.) Why is the specter of deflation terrifying? Because as money becomes worth more (lower prices mean you can buy more) if you are in debt, it makes paying back the debt that much more difficult. And, the world’s central banks are carrying a lot of debt. So are companies and individuals, and your good old Uncle Sam. Moreover, this nonsense about the United States being economically decoupled from the rest of the world is being exposed. If the rest of the world slips into recession because of bad economic policy and bad monetary policy, and bad political leadership, why would the United States escape the pain, since our policy and political leadership is just as bad as say, Europe, if not worse. This — and many other issues — will also be discussed this weekend at the SD-61 Chili Dinner AND CONTEST in South Minneapolis. Come on out! Sponsored by Mycompletebasement.com.  (Editor’s Note: 06:38 Hours: Well, I just google mapped Midland Texas and characterizing it as in the Dallas metro, is a bit of a stretch, in fact it’s more like the splits. Midland is west of Fort Worth, close to Odessa so it really isn’t as to Dallas as Plymouth, Minnesota is to Minneapolis. I seem to remember a trip to Dallas, seeing an exit for Midland and it seemed a lot closer than it looks on the map.)

Podcast 295

Nighttime Winter Walk. Warm days in the upper midwest mean warm nights. A good night to get out for a walk and talk. As the week progresses, the news will get heavier as coverage of the State of The Union message gets rolling, along with Davos, and financial concerns starting to take center stage. So, this is a great opportunity to take a walk and talk about some of the less controversial stories. Did you know that January 19th is officially the saddest day of the year? Why? What does a person do to combat this oppressive depression? In the UK, a five year old child was not able to attend a friend’s birthday party. No, the parents did not RSVP but they were surprised to find a professional bill for ‘services rendered’, due to the fact that they did not RSVP and their child did not attend, when he was scheduled to. Now the parents are being sued. In Wisconsin, legislators are ready to reintroduce the 70 mph speed limit, which is a good thing because no one drives 65, anywhere in the state, and least of all in 94, or 90-94, or any of the state highways. What Wisconsin needs though, is a law that requires residents of the badger state to get the hell out of the left lane if they want to go slow. A friend’s dinner suggestion of a ‘satellite internet’ was greeted by The Bob Davis Podcasts with skepticism. Lo and Behold, Mr Elon Musk plans to introduce a ‘space internet’, and eventually carry the signal all the way to Mars. If it works better than the Podcast’s current ISP, and can feature better customer service, it’s a lock. The number one movie in the country right now is ‘American Sniper’, the story of the late Chris Kyle. Michael Moore called him a coward on twitter, and a firestorm has ensued. Research shows quite a lot of controversy about characterizations of snipers in general. Moore got hammered in social media, while Actress Jane Fonda was hammered in Frederick Maryland, by Vietnam Vets who will never forget the picture of Fonda posing for the cameras on a North Vietnamese Anti Aircraft gun, during her trip to the enemy’s country during the Vietnam War. Fonda now says the photo was a huge mistake she has had to live with her whole life, but she still says the trip to Communist North Vietnam was ‘incredible’. Finally, some words about a recent podcast about the Tea Party, and a heads up on some speaking engagements for Bob Davis in the near future. Sponsored by Mycompletebasement.com