Trump-Republicans-Spending-Debt-Bob Davis Podcast 850

Another Trillion Dollars

This week the president’s budget deal adds a trillion dollars to the National Debt. These days it’s depressing when so called conservatives say, “Deficits Don’t Matter“. Learn more in Trump-Republicans-Spending-Debt-Bob Davis Podcast 850.

Trump Republicans Spending and More Debt

Above all, Trump’s spending is on pace with Obama first term red ink.

I’ll Pay Off The Deficit In Eight Years

Moreover campaigning in 2016, Trump said he’d pay off the deficit in just eight years. In those days the deficit was 20 trillion. It’s now almost 23 trillion.

Current Federal Debt Is Unsustainable? Bring It on!

As the president began his second year in office, the General Accounting Office released a report on the national debt. The current Federal Fiscal Situation is unsustainable, it said. More in Trump-Republicans-Spending-Debt-Bob Davis Podcast 850.

Republicans Addition To Debt Peaks In 2030

In fact, the GAO report showed US debt beginning to rise and peak in 2030, long after Trump has left the White House.

American Cities Are Broke Again

Over 70 US cities are in deep financial trouble. New York City is broke. Los Angeles isn’t far behind. Chicago is in a tailspin. I’ll explain it in Trump-Republicans-Spending-Debt-Bob Davis Podcast 850.

The Amount of Spending And Debt Is Shocking

When it comes to cities, counties and states investigators have to use forensic accounting to find out what’s going on. Even in small towns and counties across the country those investigations are uncovering a shocking amount of spending and debt.

Bonding On Bonding

Even more, states use bonding bills to get around balancing budgets. Therefore creating more debt through bonding.

Corporate Debt Binge

US corporations are on a debt binge too. Corporate debt is skyrocketing. It’s now 45 percent of our GDP. Much higher than during the 2008 crisis and dotcom bubble.

Americans Saved The Economy In The 2nd Quarter With More Debt

In addition Americans are more indebted than they were before 2008. US Household debt is 13.3 trillion in the second quarter. Much of it auto loans. Certainly Americans don’t save enough.

Conservatives Say Don’t Worry

Republicans say debt doesn’t matter and democrats have a new monetary theory. There’s nothing to worry about. Right? The US can “print” as much money as it needs as long as it prints US dollars.

Politicians Handing Out Goodies

Goodies like free college, single payer health, a green new deal, a higher minimum wage and guaranteed full employment are just around the corner. Just simply print money.

[Editor’s Note: In this podcast I used a quote from President Trump saying that he said, “No politician has ever been thrown out of office for not spending money. In fact he is reported to have told Senator McConnell, “No politician has ever lost his job for SPENDING money.”)

Forget Rome, England, Spain, Germany, Venezuela and Zimbabwe.

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Trump-Republicans-Spending-Debt-Bob Davis Podcast 850

 

 

Peak-Summer-Triggers-Transformation-Bob Davis Podcast 847

Peak Summer

We’re living through a pretty intense time these days. Moreover I noticed something I call ‘peak summer‘ recently. It’s a pristine moment when time seems to stop and you can’t get enough. Learn more in Peak-Summer-Triggers-Transformation-Bob Davis Podcast 847.

A Time To Transcend The BS

In addition I think summer has a transformational quality. You can transcend all the BS. Especially in that moment when evening turns to dusk, the moon rises, and night starts to come on.

Power of Sound Gets It Across

I am fascinated with the power of sound. You can’t really film peak summer. Oh sure, some movies capture it. Pictures sometimes get it. On the other hand recording peak summer bottles the experience.

Evening Becomes Night and You Are There

As a result I have been out recording blocks of sound. In Peak-Summer-Triggers-Transformation-Bob Davis Podcast 847 listen to evening become night. You’ll have to put up with my explanation of why summer is transformative and some summer memories.

Summer Memories

I first experienced peak summer when I was a kid. Seems like around twelve, thirteen or fourteen. When you hit that age there is a natural separation from the family and a yearning for freedom.

Freedom and Independence

Maybe due to age, maybe by my insistence, my parents relaxed the rules a little during those times. I got to stay out later. Spent the night on the front porch, or in my fort in the backyard.

A Night Owl Returns To His Roots

I’ve always been a night owl. Consequently I spent a lot of time on the front stoop on those summer nights, listening to the radio and dreaming the way a kid dreams about the future.

It’s most noteworthy that these days I seem to have returned to those halcyon days. The glow of the street lights. Wind in the trees. The sound of trains in the big switching yard in my home down.

Don’t Forget To Enjoy It

We’re at the moment of peak summer right  now. Enjoy It.

Magic

I don’t have to tell people who live in the Upper Midwest, it’s a fleeting and magical moment. But I can share it with you…

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Peak-Summer-Triggers-Transformation-Bob Davis Podcast 847

Jussie Smolett-Fyre Fest-Burning Man-Lies-Reality-Bob Davis Podcast 808

These days they don’t teach kids how to tell what’s real and what is not. Adults don’t know how either. Consequently it’s hard to tell what’s reality and what’s a lie. We’ll talk about it in Jussie Smolett-Fyre Fest-Burning Man-Lies-Reality-Bob Davis Podcast 808.

Jussie Smollett

Most noteworthy is  the latest rush to judgement without critical analysis. The story of Jussie Smollett, actor and musician. Smollett received lots of support from the Speaker of The House of the US Congress and many other prominent democrats after he claimed to be the victim of a racially motivated attack. Growing evidence suggests Smollett’s story of what happened on the night of January 29th 2019 might not be credible.

FYRE Fest

Then there is FYRE Fest. Probably the most successful social media scam in history, FYRE Fest is the subject of two competing documentaries. Especially relevant are questions of credibility for both documentaries. What really happened with FYRE Fest? We may never know.

Are You Cool Enough For Burning Man?

My favorite punching bag is Burning Man. Promoted as a haven for artistic and personal freedom, it is anything but. In reality, Burning Man is a dictatorship. People are told how to act and what they can photograph. Tickets are almost impossible to get unless you’re Jeff Bezos or Elon Musk. Or you can gain the favor of so called local ‘burners’. Are you cool enough for Burning Man?

I’ll pass.

Fly Geyser Off Limits

Meanwhile the ‘non profit’ Burning Man organization purchased the Fly Ranch, home to the incredible Fly Geyser. Regular people used to visit the geyser. Not anymore. Burning Man owns it. You can’t see this wonder of the world unless you pay equality advocates at Burning Man.

Russia Today

Finally there is Russia Today or RT. Long known as a propaganda wing of Russia, people are dismayed to find them being deleted from the social media platform everyone loves to hate; FaceBook. Did we forget what the word ‘propaganda’ means?

FoxxConn and Festivals Lies and Damn Lies

In conclusion it doesn’t matter if it’s some silly festival or a Foxxconn plant in Wisconsin. Influentials only pretend to be ‘authentic’ and ‘truthful’.

I guess Grandpa was right. You can’t believe everything you read.

Actually, you can’t believe anything.

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Jussie Smolett-Fyre Fest-Burning Man-Lies-Reality-Bob Davis Podcast 808