Podcast 450

Beware The Soothsayers. So much of our media these days is caught up in predicting the future. Weather, economics, sports and especially politics, isn’t so much about fact as it is about predictions based on opinion and poorly supported ‘fatcs’. Without a real basis in science or proven facts, we’re constantly told what the ‘future will bring’. It’s a wonder news anchors and ‘commentators’ don’t wear brightly colored head dresses and look into a crystal ball. One of the reasons we are ill served by a modern media possessed of the greatest technology for informing known to man, is its executives exhort their on screen ‘actors’ and so called ‘journalists’ to use opinion and hearsay to ‘predict’ what ‘will’ happen, rather than just report the facts around an event, or ‘the news’. For instance, lower prices for gasoline was going to ‘act like a tax cut’ and we would have economic growth. The Christmas retail shopping season might be a little down, but it would still be good. Donald Trump would be a flash in the pan, and would ‘collapse’ as soon as voters ‘came to their senses’. This is the time of year astrologers make their predictions for 2016, which are about as accurate as the wild ‘predictions’ made by the cable news services, round table discussions, commentary pieces distributed on line, and most of the rest of the media conglomeration complex, especially talk radio and the cable news channels. What do you think would happen if they stopped making predictions? There’d be a lot of dead air. In fact most of what is being broadcast and written these days is little more than fortune telling, and not very good fortune telling at that. In a late night podcast by the fire, as we labor under a winter storm watch in the upper midwest (at least a foot of snow ‘predicted’ with the ‘storm’ starting Monday night), time to air some concerns about what we are being told, and talk about the antidote to it. Sponsored by Hydrus Performance, and by the Mobile Podcast Command Unit of The Bob Davis Podcasts. 

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Podcast 407

Killing The Golden Goose. We’ve all heard the parable; The greedy farmer and his wife with the goose that lays the golden egg. As ‘back to school’ looms, the beginning of reengaging in the political process begins with a look at what the real issue might be in our economy and by extension, our politics in the United States. The question is, which is the goose and greedy farmer? Think of the economy – the sum total of all we consume and produce —  as a force of nature, like a hurricane rather than as some kind of Rube Goldberg device with dials and switches and levers. Or, as a golden goose. If the government takes more and more to sustain its operations and debt, where does that money come from? It comes from the individual. Can the government spend too much, and so require too much from the proverbial golden goose? You don’t hear this question discussed too much in the political arena these days. What you hear is a lot of nonsense about individual tax plans for the middle class, or taxing the so called ‘rich’. The fact is, the government takes your income — your wealth if you will — and uses it for its own aims. We’re supposed to have a conversation with our politicians regarding what those aims are, but we usually don’t. If government spending now, without calculating perpetual obligations like social security and other entitlements including medicaid, medicare and the so called Affordable Care Act is almost 40 percent of the country’s total economy, maybe this is the reason why our economy isn’t growing fast enough. Is it possible the greedy farmer is in the process of killing the golden goose? And if so, what do the perfumed princes on the campaign trail intend to do about it? The grey area between what is a public good, and greedy government is the crossroads where we are stuck. If we don’t figure out how to talk about it and to solve the problem, our goose is cooked. Sponsored by X Government Cars and Ryan Plumbing and Heating of Saint Paul. 

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