Podcast 272

Christmas Insanity. Stories we are missing because of all the reporting on Congress, Oil, Australia and … Christmas. Suddenly we have to be told how to ‘deal’ with the Christmas Holiday, by practicing ‘abundance without attachment’. In english, that means we should not criticize commercialism, or judge materialism, but be unattached to money and just enjoy ‘the experience’. (Editor’s Note: I am well acquainted with the concept of practicing non attachment, but I don’t think it has anything to do with the rash of lazy journalism regarding spending money during the ‘holiday season’.) The biggest problem is expectations, being generating because of all the emotional stimuli in commercials and these incessantly cheerful all christmas all the time radio stations. Maybe the bad reporting comes from the fact that this is the worst time of the year to be doing issues or news based media, since people are checking out. Nothing is wrong with materialism, even the love of money. What’s wrong is the media’s obsession with predicting economic performance based on individual sales days like black Friday and Cyber Monday. The whole season becomes an economic bellwether? The truth is, its only since about the 1930’s in the US that Christmas per se, has become this macro holiday, with all its attendant markers for the wider economy. The best Christmas gift so far? The Sony Hackers. Revealing how Hollywood is actually the rapacious capitalist, rather than Wall Street. Anyone want to see if millionaire Senator Elizabeth Warren will take on greedy Hollywood execs? Why is it always Wall Street Banks, or dirty industrial companies. Eew. Do we still value people who actually make things? Or do we care more about the perfumed princes and princesses of Hollywood and the whales, global warming, public-private partnerships to preserve water and other nonsense. MSNBC’s days may be numbered. A new digital service called MSNBC Shift will be testing programming for the ailing progressive mouthpiece no one is listening to. Don’t rule out a completely new approach’ sports or entertainment. While Fox enjoys huge audience numbers, they sit astride a delivery channel (cable television) that may actually have an expiration date. Remember when Global Warming enthusiasts said warming causes tornadoes? The US had fewer tornadoes in the last three years, since they started measuring these things back in the 1950’s. And finally, the dumbest story of the week; “Scientists” say the warmer it is, the less you make. 54 degrees is the optimal temperature for productivity. Sigh. Sponsored by Baklund R & D. 

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Podcast 271

Gas Oil Collapse. Energy and Oil and Politics. We may be at the beginning of the end of an era in the energy markets, politics and economic policy but people are never going to figure it out with the terrible job the media is doing reporting on these topics. Gas is below two dollars in 13 states, crude trading at 55 dollars a barrel, with more drops expected. Meanwhile, OPEC refuses to cut production, even refuses to hold a meeting to discuss it. The drop in oil over the last few months of 40 percent so far, most of it in the last two months is beginning to have an effect. OPEC’s price war on Frackers in the US, Canada and Brazil, the international version of a gas war, is beginning to have economic and political effects. When the cheerleaders talk about oil ‘acting like a tax cut’, remember there is a lot more to this story. If energy production in the US is a big piece of the manufacturing boom, what happens when lower prices curtails exploration? Will lower oil and gas prices still act like a tax cut? What about disinflation, or outright deflation in commodity prices? What about dropping demand due to economic slow downs in China, Europe, and Latin America? Do you think the US is ‘decoupled’ from the rest of the world’s economies? On Wall Street, the story is completely different. There, investors are moving money from the market to long term Treasury Bonds, an indication of expected weakness? Meanwhile, the Federal Reserve will be hard pressed to raise interest rates (which its wants, and perhaps needs to do) in the face of declining commodity prices. This isn’t just an international problem. A Minnesota State Legislator wants to reduce farm property taxes, due to the decreased revenues farmers are seeing on their crops. As the sun sets on the Democrat Senate Majority, and rises on a huge Republican majority in the US Congress as well as state legislatures and governor’s mansions, we’re also about to enter a new era in politics, or perhaps close an old one. How will the last two years of the Obama administration differ from the previous 6? Despite the President’s progressive rhetoric, does the budget deal indicate will be a little different when it comes to horse trading with Congress? Sponsored by Ryan Plumbing and Heating and Depotstar. 

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Podcast 270

Florida Christmas. We’re in a ‘News Lock’. This happens in between major events, when the media machine keeps churning away on the same topics, even though everyone has moved on. And while The Bob Davis Podcasts continues to keep an eye on world and national events, the great thing about podcasting is, there’s no point in joining the crowd, repetitively pounding away on the same nonsense, and saying nothing new. We’re getting close enough to Christmas, 2014 to say its the holiday season. The trials and tribulations. The expectations. The disappointments. And, the good things too. (Editor’s note: One of the things that comes up this time of year for me is the road trips my family used to take to Florida every other year, to spend Christmas there with my grandparents. It was oddly free of the pressures and intensity of ‘The Season of Peace’. I think its because we were on an adventure, and the main topic of conversation was where to stay when we got to Valdosta.) Take a break from the ‘News Lock’ and reminisce about your own family’s Christmas road trips. From the used cars my father insisted on buying, including the 63 Chevy, 66 Buick ‘Vista’ wagon, the 64 Elektra and the 68 Elektra, a lifetime exposure to secondhand smoke, the luxury of the Howard Johnson’s, versus the TravelAll (Dad’s favorite, cause it was cheap!), Uncle Roy in Jacksonville, the Orange Groves and finally…finally, the Ocean. Plus, discount shopping with my Grandfather, spilling Raisinets on Grandma’s expensive couch, Christmas lights in the humid night air, walks down the beach, and Jelly Fish. Lots of Jelly Fish. And the places we visited on those trips. Kennesaw Mountain (Editor’s Note: Which I thought was in Kentucky, but in fact it is in Georgia), Caverns, Saint Augustine and the Mansions of South Florida. In today’s high speed culture, most people fly if they go anywhere, and its too bad because there is much to be learned on a road trip. Sponsored by X Government Cars and by Depotstar. 

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