Podcast 370

Final Mad Men. On the night of the final episode of the AMC hit show Mad Men a review of the top stories for the week of May 18th. The economic news these days isn’t good, but you don’t hear too much talk about it because the magpies in the mainstream media are too busy grousing about funding for their precious personal train service in the North Eastern Corridor known as Amtrak, a service the rest of America does not ride very much but has to pay for anyway, or the 45 idiots running for President and what a few Iowans think of them. Meanwhile, the US economy just put in the worst numbers since 2008. Don’t worry, the sunny analysts say, it’s the result of the West Coast Port Strike resolution. Or, the weather. Or … something. There’s always an excuse. Meanwhile economists and analysts are telling us, no-growth is probably the new normal. Really? The future belongs to those who build it, and people who actually build things don’t pay any attention to those who measure, analyze and report what ‘will be’. Its time we had a conversation about what’s really wrong; pursuit of Keynesian economics — or whatever you call whatever it is the policy makers are doing — and its powerfully destructive effect on the world economy. Whether you’re talking about China, Europe, Latin America or Japan, things ain’t to rosy, even though they keep saying, “Don’t worry it’ll get better next month”. Manufacturing is way down. Why? Because of a slow down in the energy industry, after all the so called ‘experts’ said lower gas prices acted as a tax cut on the economy … since all they ever think about is stimulating the consumer. Meanwhile, consumers aren’t seeing any wage growth and are exhausted because the economy is not growing. Who’s fault is it? Who’s in charge? Too much spending, too much taxation and regulation, and not enough leaving people alone to solve their problems. It’s time we cut the government back to what is required to protect our rights, and nothing more. Cut spending, cut taxes and cut regulations, and watch the economy grow. And, people are already working in ways we couldn’t have imagined twenty years ago. There’s a new kind of worker, who employs services like AirBNB and work hubs to cut the strings completely, and wander the world, working when and where they choose. You might be surprised at how easy it is … right now. Finally, are a few hundred Iowa Republicans (Editor’s note: I mean political groupies) the reason people are already sick of a presidential campaign that hasn’t even started yet? Is it time to politely tell Iowa to stick a sock in it? Sponsored by Ryan Plumbing and Heating of Saint Paul. 

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Podcast 323

Obama Checks Out. After the President’s White House summit on ‘extremist violence’, a firestorm of controversy erupted when he refused to characterize the ‘extremists’ – the subject of the summit – in language that would actually describe them. Our current problem is, after all, referred to as THE ISLAMIC STATE! The President reminds us lowly peasants we are not to refer to the Islamic State as Islamic Terrorists, or even ‘Islamic’. This is apparently so that the President will still be invited to cocktail parties with the nuanced and beautiful. Obama also took care this week to describe the ‘root’ of the problem in the Middle East as a ‘lack of jobs and democracy’. This is a statement which is patently false, since almost all top Islamists hail from upper middle class families, and are well educated. Critics say the President is never going to be able to defeat the Islamist Threat if he can’t name it. The bottom line? Whether President Obama knows it or not, he has telegraphed to the American people and the world he has checked out. Its clear he just wants to make it to January 2017 with his ‘legacy’ intact. For this, we are grateful. We do not want this president conducting a major war, as long as we can get through the next 22 months or so without being blown to smithereens, burned in a cage or beheaded by ‘extremely violent people’. If you’re upset about the possible threat, channel the angst into the 2016 presidential race, because the next guy in is going to have a lot of work to do. It will fall on the next President and Congress to figure out how to clean up this mess, because the current President isn’t going to do a damn thing about ISIS, Putin, or anything else. Do we really want him to? It seems all the world’s leaders are at a loss to figure out what to do about anything. The EU is on the verge of a financial crisis and is probably in a recession, while its leaders burn the midnight oil feverishly negotiating cease fires that are apparently meaningless to people like Putin. As fighting between Ukrainian government troops and ‘separatists’ in eastern Ukraine intensified, ending in a rout for the Ukrainian troops, German Chancellor Angela Merkel said of the short lived cease fire negotiated just last weekend in Minsk, “It’s not Munich’. Is there anyone in charge these days? Or are they all waiting for their people to tell them what to do? Do they know what to do? (Wait! Don’t answer that.) The real question is what the US role in the world should be, and how this country should handle itself. This is a question that is clearly being left up to the people. Some final updates and conclusions on the foreign policy front to end the week. Sponsored by Ryan Plumbing. 

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Podcast 267

Cooking and Talking. Updating you on some key stories for midweek, while cooking dinner. Pan fried steak, broccoli and salad. One of the things cable news and talk radio does is talk about things over and over again, in an effort to gin up emotional response and viewership. They seem to get ‘stuck’ on stories and can’t move on until the next ‘big’ story. In our ongoing discussion about media and its pitfalls, one of the things podcasting allows is for more varied content. We don’t have to keep talking about the same subjects, because podcasts about those subjects are up to be listened to whenever subscribers desire. So podcasters can add to stories when its appropriate and begin talking about new stories that will be top topics in a few days or weeks. In this podcast, updates to the bias story on Rolling Stone magazine’s coverage of the ‘rape’ story at UVA, and how narrative journalism ill serves the people. The next big narrative story? The Senate Intelligence Committee’s release of the report on the CIA’s interrogation methods. At first blush it looks pretty bad, and it is reported may even spur terror attacks across the world, and on US citizens. On second thought, it looks like the last shot by democrats at the Bush Administration’s policies. And whether deserved or not, former CIA directors and employees are pretty upset at what they see as a biased report. Dad always said, “There are two sides to every story”. As people react to the emotional and lurid nature of yet another ‘narrative’ story, will the ‘rest of the story’ get covered with equal intensity? On the terror front; word is ISIL has yellow cake which it procured from a University in Mosul Iraq, and used to make at least one radioactive explosive device which has been spirited into Europe. Let’s wait and see how this one develops. On the political front: With all the talk about the Republican Brand being ‘dead’ it turns out the GOP is in the best position it has been in since the 1920’s, especially in individual states. 2014 turned out to be a great year for Republicans, but Minnesota republicans missed out. Why? Is it time for a change of state party leadership as in a house cleaning? Finally, the pundits saying lower gas prices act as a ‘tax cut’, a position which should be questioned. It has been reported this week that lower fuel prices also mean lower commodity prices, since farm cost inputs will be cheaper. But, lower oil prices also means big oil companies may reduce their capital investments, which hurts manufacturing and employment. Are oil price reductions due to the price war, or to more supply and less demand because of economic slow downs in China, Europe and Latin America. Will the effect be positive? Not so fast, say some. Sponsored by X Government Cars, and by Depotstar.

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