Podcast 240

Media Fatigue. A voice mail from a friend sets a podcast about media in motion. ‘The Media’ occupies a big space in our society these days. Especially television. Especially the cable news networks. With people of a certain political persuasion, especially Fox News. At a recent political meeting, people were asked to raise their hands to answer three questions; How many attended a recent Basic Political Unit meeting (about ten), how many are precinct captains (about three), how many watch Fox News (everyone). Yes people are tired, frustrated, burned out, angry and confused, but they keep watching, and watching, and watching! Media is taking time away from citizen action to actually change things. What IS ‘The Media’? What effect does it have on society and individuals? Modern media has taken the space occupied by the fireside, by ceremony, by the shaman and priest. We think we are modern, but human nature hasn’t changed much. For all the things media does (entertain and inform), its primary purpose is to persuade. Print, radio, television and digital have different origins and textures, and are used for different reasons. Americans think they’re being informed but they’re being bombarded with emotional appeals, especially during elections. Reason and intellect are not in the media’s lexicon. We are ill served by poor reporting, story lines to keep people viewing and listening, and of course bias. There is nowhere to escape this constant stream of emotional persuasion, as long as you keep watching, hoping it will change. Are there times when television reaches high points? Absolutely. Does it happen very often. No. People have to learn to develop a strategy for what they watch, how they watch, and what they use the media for. (Editor’s Note: I counted 16 different things we can do and I list them in this podcast). People are constantly saying, ‘The mainstream media is biased, it has to change’. Why wait for the leopard to change its spots? Learn to use tools to watch, listen and read what you want, when you want it, how you want it. As things stand right now, media is making us more ignorant everyday. Expecting to BE informed from the mainstream cable news, talk radio and broadcast television, is a lost cause. Sponsored by Baklund R&D. 

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The Bob Davis Podcast

Podcast 239

State Governors Revolt. As New York City gets its first Ebola patient, State Governors now want their own protocols for those coming into their states from West Africa. New York, New Jersey, Florida, Illinois and other states may soon put in place screening protocols that are more stringent than what the Federal Government has put in place. Are Governors ahead of the President on this issue? Governors have to be decisive in a crisis rather than contemplative. The White House keeps saying stricter state protocols will mean aid workers won’t be able to go TO West Africa, but the problem is those coming back FROM Ebola stricken areas in West Africa. Could the CDC charter US carriers to take aid workers to Africa and bring them back, with a mandatory 21 day quarantine whether the returnee had Ebola or not? Call it ‘hysteria’ but the fact is, people are concerned. Telling them not to panic isn’t going to stop panic. The President has to act decisively to address this, not with political theater and not by telling people what he’s GOING to do. Would Airlines cease flights from these regions eventually, since they are responsible for their passengers safety? If Obama had been Governor of Illinois, is it possible he would be better equipped to handle this kind of situation? Meanwhile, there are irresponsible ‘journalists’ out there telling stories of Ebola ‘victims’ being ‘disappeared’, with no named sources, no confirmation of stories, or sourced to some other blog or article. On the political front, yet more polls, less than two weeks from Election 2014 announcing Republicans will win control of the US Senate. Polls in key states are tightening. Some states the GOP thought were wins a few weeks ago, are now in play. The same is happening with some democrat races. A new study shows, in statewide races decided within a point, Democrats win two thirds of the time, and for races within 2 to 4 points Democrats win half the time. Not good odds for Republicans in close races. Another concern is that early voting will increase the number of non citizens voting this year. Non citizens usually vote for Democrats. Now, these are wild cards, but take them into considering when everyone in the media is jumping on the Republican ‘wave’ bandwagon. Perhaps the best bellwether is Democrats who are already developing excuse stories. Republicans will win because they are capitalizing on unreasonable hatred of the President. Yet, Obama’s strongest supporters in 2008 and 2012 are suffering the most under his economic and social policies. Americans are not ‘divided’. There’s no ‘all blue’ or ‘all red’, we are divided politically by issue, not party. Republicans could win the Senate. Or not. We won’t know until after people vote on November 4th. Sharyl Atkinsson’s new book is out and it is said she proves bias at the top networks. Or, does she prove management at the big broadcasting companies are cowards? Sponsored by X Government Cars! 

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Podcast 238

Economic Doom. Inflation, Deflation, Disinflation. Is the economy booming, or crashing? In the fantasy world created by the media, there are only winners or losers. The reality is somewhere in between. What is inflation, deflation and disinflation? Do we have inflation in the United States, or not? Despite the Federal Reserve pumping trillions into the banking system in America, we’ve seen only slow growth at best; Not enough growth to bring out self-mothballed workers from the ranks of those who have given up looking for work. Yet, we are told the US is reaching ‘full employment’, and that the economy is ‘roaring’ back. With only 76 percent of our industrial capacity utilized, a significant amount of that capacity in the oil, and mining sectors, the concern is disinflation, and perhaps deflation. In the Euro Zone, the ECB is worried about Deflation. In China they’re worried about a slow down. In Japan, huge inflows of cash from the central bank and government has produced mixed results. Yet, with a new set of economic numbers this month, economists, reporters and political cheerleaders are saying the US economy is ‘set to grow’ and we’re back to the Rosy Scenario. When things don’t pan out as they predict, it will be ‘unexpected’ or ‘surprising’. Reporting like this is devoid of context, and grossly misinforms the public, leaving them confused and angry when they can’t get a higher paying, better job. For instance, the much vaunted consumer is constantly told he accounts for 70 percent of the US Economy. Not true. We are being told new housing construction is up. In fact its apartment houses. We’re told the housing market is back, but a closer look reveals many cash buyers who are buying homes to rent out. A recent drop in housing sales is attributed to cash buyers pulling out of the market because homes are ‘too expensive for cash buyers’. Inflation and Deflation have both been associated with stagnant growth in various countries, sometimes disaster. We’re told ‘cheaper gas’ gives consumers the where-with-all to spend, and yet gasoline has only been somewhat less expensive for about a month. (Editors Note: Yeah gas is cheaper, but I’m not taking the money I’ve ‘saved’ on a shopping spree.) With Europe and China and other parts of the world in a seeming synchronized slow down, oil and commodities dropping, the markets moving and up and down wildly, suddenly some are alarmed and concerned. Is it possible that years of government borrowing and spending, and central bank intervention in markets have added so much malinvestment, the chickens are finally coming home to roost? Why do governments and big debtors love in inflation, and fear deflation? The takeaway is, it’s time to start thinking about what we expect these sclerotic and expensive governments to actually do, and start demanding they operate with as little debt as possible, and that our money be based on something stable like, uh…Gold or Silver. The reason? When governments can print their way out of debt, citizens actually pay the cost in higher taxes and inflation. Sponsored by Depotstar.  

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