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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Podcast 237

Election 2014. Rundown of the top issues currently in election 2014, ending with analysis of polls in key Senate races. We’ll start with focus groups. Researchers use focus groups to sharpen their understanding of survey research, to help refine questions to be asked in surveys, and to gain insights on consumer behavior, perceptions and the differences between. The new ‘Soccer Mom’ is a thing called ‘The Walmart mom’; adult women in a certain income range, with children who shop at Walmart. If these women are the new ‘swing’ voter, America is profoundly under informed. For those trying to predict an outcome that is ‘red’ or ‘blue’ in the upcoming elections; the only thing you can be sure of is voters are restive. They’re worried about Ebola, their jobs, their kids, their living standard, ISIS and terrorists. They’re concerned about Obama’s performance as a leader, they really hate congress, and don’t trust the government as a whole. Overall, on both sides of the imaginary political fence, incumbents might actually suffer the worst fate on election night. That could be a harbinger of pick ups for both Republicans, and Democrats. President Obama didn’t help himself on Al Sharpton’s radio show the other day. Now the idea there is some back room deal which allows democrats to distance themselves from the President while he works secretly to get them re elected, because they support ‘his’ policies, through and through, is spreading through media like ebola in West Africa. Between the President’s loud mouth and the First Lady’s confusion about Bruce Braley (not bailey), and what office he is running for in Iowa (Senate not Governor), it’s democrats angry at the White House ‘Jay-Vee’ team, not just Republicans. Meanwhile, the New York Times is doing everything it can to help democrats in battleground states. The latest is an effort to portray Iowa as a burgeoning urbanized state. (Editor’s note: I have driven through Iowa many times in the last few years and I assure you, there are a great many corn and soy bean fields remaining). Add to the din, James Okeefe’s latest video which shows democrat operatives in Colorado cheering an actor who explains how to commit massive voter fraud using absentee ballots, and Teacher’s Unions spending millions in the last few days before November 4th (Election Day), and its starting to get interesting. Then comes the so called battleground states, where republicans, democrats and independents are running neck and neck, confounding the punditry’s attempts to make claims about pick ups and losses. Suddenly Republican strongholds are in play, and visa versa. Listen to this podcast and you will know the latest on polls in all of them, and what the data means. Remember though, late breaking voters tend to be terribly misinformed, and as predicated by Bob Davis weeks ago, in the end this all comes down to which teams are going to be more successful getting the vote out. The GOP hopes for the usual higher turn out in off years, but the DNC knows it has to turn out the Obama coalition (Minorities, women and young adults) just one more time, like they did in 2008 and 2012, and they are well equipped to do just that. Now it’s all up to you … the voter. Or not. Sponsored by Ryan Plumbing and Heating of Saint Paul. 

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