Podcast Consciousness. Live from the Kitchen! After a string of podcasts discussing intense topics, from economics through to participation in politics translating to political power, it’s time for a podcast consciousness podcast. How I do what I do, and how it drives me crazy sometimes. Well, maybe all the time. In searching for podcast topics, I spent some time tonight cleaning out my ‘stacks’ of news stories on foreign affairs, business, politics, local and all kinds of other topics, and found a lot of stories that never made it to ‘air’. Part of the reason for that is the effort to winnow all this day to day news writing down to some key points people can use to understand what I think is going on in the world, but the podcaster can miss the opportunity to just talk about stories that are interesting (to him). Maybe it’s winter. Maybe its cabin fever. Something’s going on below the surface though … perhaps a quest for adventure … maybe a road trip coming up … There is a restlessness rising up from the depths right now. Good time to talk about it. Plus the latest economic fairytales from the financial media, and what to look for down the road on that front. Sponsored by Baklund R &D.
Republicans and Rhetoric. Wasn’t able to tape tonight’s appearance at the SD-61 Chili Dinner and Contest. Thanks to everyone who showed. Podcast 300, aside from being a milestone for The Bob Davis Podcasts, gives the listener an idea of what was discussed. One usually comes away from these kinds of events feeling a little uneasy, especially when hard political issues are discussed. I usually write these podcast notes in the third person, but not this time. I am either seeing things others don’t see in the political process — out in front of the vanguard so to speak — or the things I am seeing and feeling are internal issues and aren’t really there. At this weekend’s big confab in Iowa, the good news is that Wisconsin Governor Scott Walker was able to connect in a personal and substantive appeal to the conservatives gathered in the Hawkeye state for Congressman King’s event. The bad news is that Donald Trump and Sarah Palin made purely rhetorical appeals, which I think damage the so called conservative ‘brand’. Now, since it was a Republican get together I don’t expect good coverage from most of the media, but some of the things said were just not helpful. Aside from involvement in local politics, if so called conservatives are going to be able to argue their points, they are going to have more than just rhetorical arguments. If all Republicans are going to do is bray in an attempt to persuade, or shock, without eliciting any information, it is going to be a very long election cycle from next fall, to November of 2016. It is possible to persuade and inform. The problem is what do Republicans want to do? What do they stand for? What’s their plan for the long term? As people shift from outrage and frustration to addressing a kind of inner challenge, do any candidates in any political party understand that challenge? Mostly what I hear is a lot of empty talk about values and outrage and demands. Is that connecting with people? We talked about some of this at the SD61 event, and I review that conversation in this podcast. Sponsored by Depotstar.
Heavy Stories. In the first of two podcasts for the weekend of January 23rd, 2015…the heavy stories. Lots of talk about the State of The Union, whether or not a Republican Congress can govern, factions forming in the House, and all the other static. These stories have obscured for the time being, discussions of the effects of the price of oil. The low price of gas is almost always celebrated by the media as a ‘good thing’ since ‘reductions in the price of gas, act like a tax cut on the economy’. While it is a pleasurable to experience to fill up your tank for less than thirty dollars, throw in a car wash and come away with change from your fifty, we still have a long way to go before the ‘tax cut’ experience kicks in. Suddenly though, the story line has changed. Media outlets and pundits who enthusiastically endorsed lower oil prices as ‘acting like a tax cut’ are suddenly decrying ‘deflation’ in the economy, and writing stories about how deflation can only lead to ruin, and ‘something’ must be done. Meanwhile, the price of beef, milk, cheese, rice and other staples at any store, whether it is a Walmart or a ‘Whole Paycheck’ aren’t ‘deflating’ very quickly. And since wages have not kept pace with even moderate inflation, Americans will need to see further reductions in the rate of inflation (Disinflation) before the celebration begins. And what about those media outlets? Why they have found a new story line … horrible and giant oil companies that are suddenly laying of noble workers in North Dakota and Texas. What will happen when companies start laying people off, due to reduced pricing power? (Editor’s Note: They don’t mention that energy price inputs for companies are also getting cheaper.) Why is the specter of deflation terrifying? Because as money becomes worth more (lower prices mean you can buy more) if you are in debt, it makes paying back the debt that much more difficult. And, the world’s central banks are carrying a lot of debt. So are companies and individuals, and your good old Uncle Sam. Moreover, this nonsense about the United States being economically decoupled from the rest of the world is being exposed. If the rest of the world slips into recession because of bad economic policy and bad monetary policy, and bad political leadership, why would the United States escape the pain, since our policy and political leadership is just as bad as say, Europe, if not worse. This — and many other issues — will also be discussed this weekend at the SD-61 Chili Dinner AND CONTEST in South Minneapolis. Come on out! Sponsored by Mycompletebasement.com. (Editor’s Note: 06:38 Hours: Well, I just google mapped Midland Texas and characterizing it as in the Dallas metro, is a bit of a stretch, in fact it’s more like the splits. Midland is west of Fort Worth, close to Odessa so it really isn’t as to Dallas as Plymouth, Minnesota is to Minneapolis. I seem to remember a trip to Dallas, seeing an exit for Midland and it seemed a lot closer than it looks on the map.)
