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!

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

Gun Control Fight Hides Important News-Internet-Spending-Taxes-Principles-Podcast 702

Controversy in the wake of another mass shooting event distracts everyone from what is really important. Three key stories you missed, show how our government is ruining our future. In Gun Control Fight Hides Important News-Internet-Spending-Taxes-Principles-Podcast 702.

Trump Supports a 25 Cent Gas Tax That Sucks Up Your Tax Cut

First of all while small business owners optimistically predict a booming economy a republican president has told democrat lawmakers he would support a twenty five cent increase in the federal gas tax on gasoline and diesel. There goes your tax cut!

Conservatives Spend More Than Obama

Especially relevant for fiscal conservatives is a four trillion dollar budget from the president. Moreover congress increased spending by hundreds of billions of dollars in the most recent continuing resolution. There are conservatives? In Gun Control Fight Hides Important News-Internet-Spending-Taxes-Principles-Podcast 702.

Solution To Fools Getting Their News From FaceBook? More Regulation

What’s more in the wake of indictments for a score of Russians and a few Americans for allegedly manipulating ‘The Internet’ to influence the recent US Presidential election, both sides of the political divide want ‘regulations’. So much for free speech!

I Guess Spending And Debt Is The Republican Way

More importantly do not take these financial mistakes lightly. US government debt is nearly 20 trillion dollars. Americans themselves carry something like 13 trillion dollars in debt. Storm clouds are building in the bond markets. We’ll talk about it in Gun Control Fight Hides Important News-Internet-Spending-Taxes-Principles-Podcast 702.

You Can’t Make America Great Carrying Trillions Of Debt

Americans cannot be self reliant and strong if they don’t figure out how to assemble the facts about what is known on any particular news story. We cannot make america great again if elected leaders can’t stop spending more and borrowing more.

Freedom Is In Our Genes And Other Myths

In conclusion the idea that ‘freedom’ and ‘democracy’ are in our genes is nonsense. We aren’t free if all of us ask the government to spend more, regulate more and ‘do something’ about every little problem. For me, the lack of principle of both political parties is shocking and dangerous. Unfortunately for so called ‘conservatives’ this lack of principle is most visible among republicans.

Find out what needs to be done and how to do it in Gun Control Fight Hides Important News-Internet-Spending-Taxes-Principles-Podcast 702.

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Gun Control Fight Hides Important News-Internet-Spending-Taxes-Principles-Podcast 702

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




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

If You’re Looking For Truth You’re Getting Conned-Podcast 639

Coverage of former FBI director Comey testifying forces a political podcast. As a result, a velvet summer midnight in Western Virginia is the backdrop for  If You’re Looking For Truth You’re Getting Conned-Podcast 639.

People Actually Watch This Crap?

Out here the Internet is slow. With no movie packages we’re stuck with reality shows, local news and lots of commercials. I’ve seen a lot of drug commercials. I’m getting a lot of screen time on my ‘device’ because of the long commercial breaks. You know, the device get-off-my-lawn types complain about. Time to blow off some steam In If You’re Looking For Truth You’re Getting Conned-Podcast 639.

The Mighty Wurlitzer

Do I have to say it again? Everyone is selling a point of view. Like a thickener for soup. Depending on who owns or funds one of these partisan ‘news’ websites, it’s their point of view sold through shares on social media. And why not? If you agree with something, share it. Right? Truth is those shares aren’t aren’t news. Not ‘fake news’. Propaganda. In If You’re Looking For Truth You’re Getting Conned-Podcast 639.

Believe Whatever You Want But It’s Not The Truth

For example. the ‘biased mainstream media’ reported the FBI was investigating Trump, right? Are the Hillary Clinton emails and the Russia hack question one and the same? Does the now famous Bill Clinton and Loretta Lynch conversation in the tarmac have anything to do with the Trump administration? Are you sure? How do you know?

Join Us As We Con America!

When you can’t tell the difference between the good stuff and formaldehyde and rubbing alcohol you take your life in your hands. Or so the story went in the 1920’s. As a result, we don’t know the difference between snake oil and snake oil.  Most of all, readers don’t fact check. We don’t know who funds these outlets. Eyeballs don’t google the author. Clicks. Shares. Numbers reached. Get your propaganda on twitter and Facebook. A majority of Americans get their news from social media. Especially relevant is the fact that Americans are being conned as never before. In If You’re Looking For Truth You’re Getting Conned-Podcast 639.

The End Of Politics In The United States?

Seems like we live on opposite shores of an ocean of opinion. Due to storms raging shore to shore, driven by outside forces seemingly beyond our control. As much as this may seem true the antidote is talking to each other. Especially relevant is the question, when was the last time you had coffee with someone to talk about solutions? Do we have discussions anymore about what actually works? Seems like our conversations are all about whether ‘we think’ this is or that is true. Furthermore, we live under brands and act as if our brand is the best. Are Republicans going make an already dangerous government less powerful. Moreover, who pays for minimum incomes and free health insurance, and free education Democrats promise? Meanwhile, a ‘conservative’ president pushes to borrow another trillion dollar stimulus for roads and bridges we don’t need.

Getting Nothing Done

Any analysis of the day’s news I might do inevitably leads to the conclusion very little coverage sheds much light on anything. On the contrary, it is designed to convince us to support a person or point of view. The bottom line is, while republicans have large majorities at most states and the federal level, they’re not getting much done while Democrats move further left every day.

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If You’re Looking For Truth You’re Getting Conned-Podcast 639

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.

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Ready For Another War in North Korea? Podcast 626


Has United States Been Socialist For A Long Time? Podcast 625

We hear a lot of words used to describe various political factions in the US. Most will say the US economic system is capitalist but is this just an illusion? Are we socialist? Have we been socialist for a long time? It seems to me, we have. In Has United States Been Socialist For A Long Time? Podcast 625.

Socialism Is Everywhere

Just because a country’s economic system is socialist, does not mean it’s a tyranny. Denmark and Canada aren’t dictatorships. Singapore is a Socialist Market Economy. Places where ‘the people’ own or control the means of production. Most socialist countries these days enjoy democratic political systems.

Government and Non Profits Dominate State Economies

Americans think of themselves as capitalists. The thing is, the top three employers in my state are public institutions. Americans depend on social security, medicare, or medicaid ‘entitlements’. Home buyers get tax subsidies. We enjoy many tax deferred investment options. Farmers get subsidies. Public workers get pensions. All kinds of grants for education exist. Then there are the business subsidies and government contracts. Some popular business personalities receive billions in subsidies from the government. We’ll talk about it in Has United States Been Socialist For A Long Time? Podcast 625.

Both Parties Support Socialism

Democrats complain about light rail projects running through their backyards, but support government programs because ‘It’s the right thing to do’. Republicans complain about big government unless it’s the military, support for their businesses, home mortgage tax credit, social security and 401K programs.

The Right Thing To Do

It’s true that many of these programs date back to the depression in the 1930’s. Also true that creation of these programs came with the best intentions. Whether we like it or not, government is deeply involved in our lives. Of course, what the government giveth, the government takeaway. We’ll talk about it in Has United States Been Socialist For A Long Time? Podcast 625.

Classic Liberalism Is Forgotten

Republicans and Democrats argue the same side of the coin. Both are collectivists. Neither adhere to Classic Liberalism, a philosophy of limited government with the sole purpose of securing a maximum amount of individual liberty, property rights and free markets. While no political scientist would argue the US is Socialist maybe we should consider the possibility we are and have been for some time.

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Has United States Been Socialist For A Long Time? Podcast 625







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.)

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Podcast 584-Bob Davis Podcasts Radio Show-58

Podcast 584-Bob Davis Podcasts Radio Show-58. With the Electoral Vote, Donald J. Trump is the official President Elect of the United States. He’ll be sworn in as the 45th President on Friday, January 20th, 2017. As terrible coverage of the election, post election and the events leading up to the inauguration continues, time to shift the conversation toward the challenges ahead. Podcast 584-Bob Davis Podcasts Radio Show-58 my coverage of these challenges.

Last summer I predicted the final outcome of the 2016 election would center on the Great Lakes region of the United States. Ohio, Pennsyvania, Wisconsin, Michigan. The former industrial heartland has been plagued by bad economic and policy initiatives, excessive taxation, corruption and incompetent local governments. It’s not surprising people in these regions would have reached a point where they have had enough.

The new narrative is Donald Trump heralds a new kind of politics in America. Depending on the source, either a darker, jingoistic throwback to the 1950’s, a new kind of Populist-Conservative politics, or a new Centrism. Every politician wants to be thought of as a rail splitter, born in a log cabin. Both Hillary Clinton and Donald Trump come from upper middle class backgrounds. Park Ridge, Illinois and the Jamaica neighborhood of Queens, in New York City are hardly breeding grounds for American Populists.

While the tone of the executive branch might change under Trump the fact is moderate, establishment Republicans and moderate Democrats are still in control of the United States Government. How do we expect this group of out-of-touch politicians to address the challenges we face?

Since 2008 the US has had stimulus, banking legislation, the adoption of The Affordable Health Care Act and a change in Foreign Policy. The result is nominal economic growth, with 63 percent of the eligible workforce sidelined. A foreign policy that was supposed to herald a new era of peace and cooperation, didn’t. Despite major changes in technology, trade and comparative advantage the new story line is Manufacturing’s Greatest Days lie ahead. Is this true? Another initiative of the new administration is to force spending of a trillion dollars on ‘infrastructure’. Will this work? Is this a conservative economic policy approach? With only 8 percent of the work force is employed in manufacturing and construction and most of the rest of us are employed in value added services, one wonders.

Whatever the new president wants to do, it will be processed through the US Congress, State Legislatures and the Courts. With plenty of Democrats in congress and state legislatures ready to put up a good fight, we’ll see how much the GOP and Trump can get done. We’ll also see if the policy they end up with will work to address major challenges of the future.

Massive changes are taking place in our society and the world as the Fourth Industrial Revolution takes hold. While it’s good for Trump supporters and Republicans to celebrate, and for Democrats to prepare their opposition, the question is whether any of the leaders in Washington really understand what is needed for the people of the United States to grow our economy, move forward and prevail in the new world. Sponsored by Brush Studio and X Government Cars.