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

 

 

Russia Targets American Politics Again?-Bob Davis Podcast 809

Get ready. A sustained disinformation attack on the top democrat presidential candidates is already in progress. That’s the new story line. These days you can’t be sure. We’ll talk about it in Russia Targets American Politics Again?-Bob Davis Podcast 809.

Breaking News From Politico

Most noteworthy is a series of stories Politico has done about ‘hacking’ the US electoral process. The latest is an article which sources data analysts and other experts. Especially relevant? A new charge by experts. Russia is back to its old tricks.

We take a look at the story and the charge in In Russia Targets American Politics Again?

A Wide Ranging Effort

Natasha Korecki says her Politico story shows a wide ranging effort aimed at Kamala Harris, Beto O’Rourke, Elizabeth Warren and Bernie Sanders. She reports certainly it is up and running with signs foreign state actors are behind some of it.

It’s Happening Again

According to Politico Weaponized Propaganda picks at the most sensitive issues in our public discourse. Furthermore that propaganda is being pushed across a variety of platforms. It’s happening again.

Wait! Not All Of It Is Organized!

Wait though. Not all the activity is organized. In contrast, a lot of it appears to be regular Joe’s sharing stuff they think is funny or relevant on their feeds.

Sources For Politico Article Include Democrat Operatives

Finally sources for this story include Brett Horvath who has worked for the Mayor of Seattle as well as other operatives who have worked for democrats including Hillary Clinton. Or companies like Storyful who spy on reporters.

No Conclusive Evidence

Even more Korecki writes researchers and others cannot conclusively point to actors behind “the coordinated activity”.

We’re All Trolls Now

Maybe I’m churlish but it seems to me the writer, sources and Politico itself are getting a lot of mileage out of this. The principles in the story are sharing the story on their own feeds. Just slightly Troll Like, don’t you think? Maybe the Russians have switched sides this time!

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Russia Targets American Politics Again?-Bob Davis Podcast 809

State Of Our End Times-Bob Davis Podcast 804

An embattled governor. Infighting in Washington. Raging arguments about identity. It sure looks to me like the wheels are coming off the bus these days. Learn more in State Of Our End Times-Bob Davis Podcast 804.

Politicians Off The Rail

As our so called public officials go off the rails our expectations that ‘government’ will solve all our problems increase.

Over Hype and Talked To Death

It’s especially relevant that the media breathlessly awaits a formality called The State Of The Union, like it’s the SuperBowl. Everything is Over hyped. Over analyzed. Talked to death. It’s surreal.

“Officials” Running Amok

Moreover as these politicians run amok they get more petty every day. As a result we’re not dealing with the most pressing issues of our time. A rising China. Artificial Intelligence, Robotics, Data Privacy and The Internet. Causes, solutions and political effects of Economic Inequality. Existential threats from many different places.

What About Doing Some Work. Anyone?

In addition, what about trade wars, economic growth, debt, immigration and the growth of regional and major powers acting in our hemisphere. Anyone?

Daily Two Minutes Of Hate

Finally our daily two minutes hate leads our focus on smaller and smaller things. Leaders don’t lead. Everything becomes an illusion. Meanwhile somewhere someone or something is permanently damaged.

Emotional Scarring

In conclusion have we become so scarred from our anger and frustration we find it more difficult to act? Anger and Irritation turns to depression.

End Times Prophecy?

Are we living out a prophecy? What happens when there is a real crisis because of all this folly?

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State Of Our End Times-Bob Davis Podcast 804

[powerpress[