Podcast 420

Bob Davis Unplugged. I’ve always admired talk show hosts who can do a good show without notes, preparation or a plan. Certainly walk and talk podcasts fit that bill, but it helps to walk while you talk. In studio is a different story. There have been some interesting developments in the news this week. Commentators are back to following the proverbial bouncing ball and missing some points that I think need to be made. Regarding the Oregon shooting; When I asked people what was going on in the news they said, “There’s the Trump thing, the Pope thing and oh yeah, another mass shooting.” Of course the President didn’t skip a second rushing out to demand Americans surrender their guns. Why do we have a second amendment? Is there a final check on the dangerous power of government? While we don’t generally think of a government that seems to exist to extract money from our paychecks and mail checks to others, including billionaires like Warren Buffett, there’s immense power in spying and militarized police departments. Then there’s the Communist Pope. The left loves Francis, or at least they did until it was reported that the Pope – who would rather talk about the scourge of Capitalism rather than the scourge of pedophilia in the Catholic Church – met with Kim Davis, the Kentucky County Clerk who refused to marry gay couples. Suddenly the ‘amazing’ Pope Francis was tarred and feathered on social media, to the extent that the Vatican this week back pedaled ‘explaining’ the Pope’s meeting with Davis. Then there are the economic pundits and employment numbers. Almost all of them predicted a ‘great’ employment report this week, especially since low gas prices ‘act like a tax cut by stimulating the economy’, until they don’t. Now, if you have been listening to the Bob Davis Podcasts you have been warned about this shibboleth long ago. Lower gas prices don’t ‘act like a tax cut’. Our economy would have to create over 375,000 jobs a month for a long time in order to bring the millions of people who are out of the work force back in. Sadly 375,000 is a number this country’s economy has not been able to attain since the recession back in 2008, despite all the efforts to ‘stimulate’ and ‘prime the pump’ from a trillion dollar stimulus to ‘cars for clunkers’ and every other cockamamie scheme cooked up by President Obama. Moreover, none of the presidential candidates, on both sides of the political spectrum seem to have a clue about how to grow the US Economy other than more stimulus, or tax cuts but no spending cuts. Have we — as in everyone in the world — forgotten how to be capitalists? Could we feed ourselves without a job or government handout if we had to? Maybe this could be one of the positive effects of a future ‘gig economy’ … with everyone freelancing, we might actually learn to create, not take. Sponsored by Pride of Homes and X Government Trucks.

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Podcast 407

Killing The Golden Goose. We’ve all heard the parable; The greedy farmer and his wife with the goose that lays the golden egg. As ‘back to school’ looms, the beginning of reengaging in the political process begins with a look at what the real issue might be in our economy and by extension, our politics in the United States. The question is, which is the goose and greedy farmer? Think of the economy – the sum total of all we consume and produce —  as a force of nature, like a hurricane rather than as some kind of Rube Goldberg device with dials and switches and levers. Or, as a golden goose. If the government takes more and more to sustain its operations and debt, where does that money come from? It comes from the individual. Can the government spend too much, and so require too much from the proverbial golden goose? You don’t hear this question discussed too much in the political arena these days. What you hear is a lot of nonsense about individual tax plans for the middle class, or taxing the so called ‘rich’. The fact is, the government takes your income — your wealth if you will — and uses it for its own aims. We’re supposed to have a conversation with our politicians regarding what those aims are, but we usually don’t. If government spending now, without calculating perpetual obligations like social security and other entitlements including medicaid, medicare and the so called Affordable Care Act is almost 40 percent of the country’s total economy, maybe this is the reason why our economy isn’t growing fast enough. Is it possible the greedy farmer is in the process of killing the golden goose? And if so, what do the perfumed princes on the campaign trail intend to do about it? The grey area between what is a public good, and greedy government is the crossroads where we are stuck. If we don’t figure out how to talk about it and to solve the problem, our goose is cooked. Sponsored by X Government Cars and Ryan Plumbing and Heating of Saint Paul. 

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Podcast 403 – Jason Lewis Part 1

Jason Lewis Part 1. Another visit with national radio host and Galt IO creator Jason Lewis, this time aboard the Mobile Podcast Command Unit 8. On a day when the US Markets were down over three hundred points, getting reconnected on The Bob Davis Podcasts after more than a year produces a wide ranging discussion between two ‘former’ talk radio pros that ended up going much longer than either planned. So, instead of one podcast, it will be two podcasts. Each installment is thirty minutes of solid discussion about The Economy, Immigration, the Federal Reserve, the 2016 presidential primary ‘campaigns’, the media, and much, much more. This is the kind of content you don’t hear much these days in the talk radio world, and certainly not on the mainstream media; The kind of content only digital media delivers. On a personal note, its interesting to me how much we have evolved over the years since working together at KSTP-AM in the two thousands, and at Clear Channel in Minneapolis in this decade, and yet how little some talk hosts have changed over the years. Jason in particular, has evolved what he likes to call a ‘Pacifist’ approach to foreign policy, passionately making the case that you can’t have big government abroad, without big government at home. It’s certainly an argument you won’t hear in the political arena these days from either side. We also talk about Trump’s appeal, political involvement and more. Jason’s audio book ‘Power Divided Is Power Checked’ is available here, and his podcast is available here. Sponsored by Ryan Plumbing and Heating of Saint Paul. (Editor’s Note: I’m posting this podcast for the weekend on Friday morning, August 21st, and I’ll post Part 2 for your Monday morning. Thanks again to Jason Lewis for joining me on the podcast and for keeping it real.) 

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