US-Debt-Kills-Repo-Markets?-Bob Davis Podcast 885

Pay Attention To This Issue

My job is to bring new issues to the attention of subscribers and listeners. That’s why I sat down Saturday and recorded US-Debt-Kills-Repo-Markets?-Bob Davis Podcast 885.

Repo Market Hell

First of all I am not a banker but I stay current on financial news. Especially relevant are the concerns experts are voicing about something called the Repo Markets.

Not Where Your Car Goes When It’s Repossessed

In US-Debt-Kills-Repo-Markets?-Bob Davis Podcast 885 I’ll provide a definition of these markets. I’ll also explain ‘Repurchase Agreements‘.

Key Markets For World Banking Liquidity

Just remember, these markets are instrumental in keeping the world’s banking system afloat on a day to day basis.

Drying Up Like The Dust Bowl

That’s why it’s most noteworthy the repo markets unexpectedly started to dry up in the fall.

Fed Rides To The Rescue…Again

The drought forced the United States Federal Reserve Bank to dump billions into these little known markets.

Billions

More billions than the banking experts expected.

More Billions

320 Billion since last fall.

Even More Billions From The Fed

Even more the Federal Reserve has projected dumping as much as another 500 billion into these markets in 2020.

Whistling Past The Graveyard

Why? According to some, the Fed wants these markets, largely based on United States Treasury Bonds, to stay open and liquid.

Big Federal Deficits Finally Taking Their Toll?

After all, the federal government has ever larger budget deficits and debt to finance.

Trillions of Dollars of Debt Gotta Go Somewhere

Now hold onto your hats. The federal government has been dumping US Treasuries on these markets in 2019, in increasing amounts. After all, they have a now trillion dollar budget deficit to cover.

Rumors Of Bank Failures

Other supposed reasons for the problem include rumors of a big European Bank in trouble.

Could Be The Hedge Funds

Some blame the big hedge funds.

Or, Hedge Funds Are Saving Our Asses

Others say there’s so much federal debt out there, the hedge funds are saving our asses right now.

Regulations

Furthermore it’s suggested post 2008 financial crisis regulations are the culprit.

Too Much US Government Debt

Finally the biggest culprit could be there’s too much US Government debt and it’s draining the banks’ reserve accounts. Imagine that!

Your Broke Ass Uncle Sam

In conclusion can we at long last dispense with the old government-debt-doesn’t-effect-private-credit argument?

Asking A Question

I don’t like to take positions so I’ll ask this as a question.

Drunken Sailors

Isn’t it a travesty that so called conservatives have jumped on the all night drunken binge boat with usually spendthrift democrats?

Thanks Republicans!

As a result we wonder, weren’t Republicans and Tea Party Trumpers for spending less and limiting the power of government?

Nero Fiddled…

Could they be playing Nero while Rome starts burning?

Where’s That Graveyard

Are we whistling past the graveyard again? Only time will tell.

Sponsored by Reliafund Payment Processors and Ryan Plumbing and Heating of Saint Paul

US-Debt-Kills-Repo-Markets?-Bob Davis Podcast 885

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Person-Of-The-Year-Stunt-Bob Davis Podcast 884

Person Of The Year…A Waste Of Time

I am not often amused by what passes for news these days. Moreover our obsession with year end lists and rankings bores me to tears. On the other hand Time’s ‘Person of The Year’ stunt is always worth a few laughs. Learn more in Person-Of-The-Year-Stunt-Bob Davis Podcast 884.

Poster Child Greta

First of all the decision to put Climate Change Poster Child Greta Thunberg on the cover as person of the year for 2020 has upset your crazy Uncle Fred and all his baby boomer conservative friends.

Baby Boomers Love Their FaceBook

Even more no one would have paid any attention until these aging baby boomers took to FB to express their rage. Meanwhile we’re missing key issues that really matter.

Time! Number One! A Hundred Years Ago

Especially relevant is the fact that Time Magazine struggles to remain relevant.

What used to be the number one weekly magazine in the United States about a hundred years ago, is a shadow of a shadow of its former self.

Ask SIRI or Alexa

For example, without asking SIRI or Alexa, can you remember last year’s person of the year?

Crazy Uncle Changes Positions on Climate Change!

What’s more when was the last time anyone convinced anyone to change their position on Climate Change?

United Nations…Hotbed Of Capitalists!

Greta’s most noteworthy rage against the machine of conservative capitalists at the United Nations is pure comedy.

Stunt Culture and Person-Of-The-Year-Stunt-Bob Davis

Certainly we’re missing something here. I believe it must be said. Again. We live in a stunt culture. If the current president has proven anything it is drawing attention to yourself is the path to power and profit.

Constant Manipulation

As a result we are submerged in a fish tank of constant manipulation by all kinds of media in this country, feeding on one stunting public personality after another.

Like Moths To A Flame

They can’t help themselves and neither can we.

Taking The Bait Over and Over

Too bad so called conservatives have taken the bait. Again.

Kinda Funny Though

Although I must admit, some of the Greta Memes are pretty funny.

Person-Of-The-Year-Stunt-Bob Davis Podcast 884

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2020-Stealth-Battleground-Issues-Bob Davis Podcast 883

2020 Issues In The Midwest

I promised a more details about battleground political issues in the last podcast. Seems like no one wants to focus on the real issues in the Midwest. Time to do that in 2020-Stealth-Battleground-Issues-Bob Davis Podcast 883.

Battleground States No One on TV Ever Goes To

Even more you hear a lot about the so called ‘battleground states‘. In contrast all the reporting is about Washington DC!

BackRoads

Consequently I decided to take a trip across America’s Heartland. On Back Roads. Click here for those podcasts.

Sick Of The News

First of all if people I talked to said they were sick and tired of political news.

War Weariness

The most noteworthy conclusion of this podcast might end up being ‘war weariness’ when it comes to politics.

Same Song Over and Over

Seems like political news coverage is becoming like that song you hear on the radio over and over again. It used to be your favorite but if you hear it one more time, you’re going to scream.

Stealth Issues In The Heartland

Especially relevant are several ‘stealth’ issues across the heartland.

Prosperity

What’s the definition of ‘prosperity‘?

Right To Work

What about National Right To Work movements, versus Unions in key states.

Foreign Direct Investment and Trade Issues

In addition many jobs are being provided by Foreign Direct Investment. And by Foreign companies manufacturing in the US.

Jobs

Then, maybe there are more jobs, but what kinds of jobs?

Feeling Prosperous As Good As Being Prosperous?

That said, a job means you can pay rent and buy something for yourself. Regardless of what pundits might regard sub par. Back to that feeling of prosperity which might be just as important as being prosperous for some. Learn more in 2020-Stealth-Battleground-Issues-Bob Davis Podcast 883.

Development In The Midwest and Mid South Changing Electorate

Finally development in the mid south and Midwest means smaller cities are becoming larger cities. That means pressure to turn state roads into freeways, freeways into interstates.

Corporate Farming

Also what about the emergence of corporate farming as opposed to family farms?

Decay In Old Downtown Areas

Moreover there are many examples of what happens when the new freeway goes through, and local businesses are left to die.

Government Handing Out Subsidies

Most important is growth created by US Government spending and subsidies. Not just in big urban centers but on the farm and in small towns too.

Health Insurance

Think people can afford 1600 dollars a month for health insurance when they’re working hourly jobs? A gifted politician will not miss this opportunity.

Obsessed With Washington DC

A lot of this is just below the surface. The media is obsessed with twitter and hearing rooms in the Capitol. This year’s election might be too close to call right now. What they miss might have powerful and unexpected effects in the 2020 election.

Sponsored by Ryan Plumbing and Heating of Saint Paul

2020-Stealth-Battleground-Issues-Bob Davis Podcast 883

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