The Bob Davis Podcast

Podcast 257

Weekend Update. Extreme weather in Buffalo, New York drops at least 6 feet of snow; more in one day than they get all year, and that’s extreme, even for a place like Buffalo. This weekend the Bills have to play in Detroit due to the snow. Speaking of Football Stadiums. Minnesota has one of the worst professional sports stadium deals in the country. That is, Minnesota taxpayers will pay a larger share of the new Vikings Stadium than taxpayers in other states pay for theirs. Imagine Vikings fans surprise when they learned from The Minneapolis Tribune, the Vikings will pay a larger share for ‘their’ stadium. How much? A little more than half a million dollars. Yeah. Kudos to the Star-Tribune for providing the people of Minneapolis-Saint Paul and the state of Minnesota with a free ad for the Minnesota Vikings. We’d like to see them pay a lot more, like about 600 MILLION more, but that will never happen thanks to so called fiscally responsible republicans in the state legislature who did the stadium deal back in the day. Minnesota Senator Al Franken is all up in Uber’s grill because of comments made by an executive of the company ‘threatening’ a ‘journalist’ — and revealing the company keeps electronic records of all their clients’ travels. The Senator wrote an angry letter to the company demanding to know whether it is keeping data, confidential. Isn’t it nice, with all the other issues; immigration, Keystone, and War, the Senator found time to stand up for a journalist. By the way, that little ‘I Agree’ button is something he might want to take a look at. And speaking of parasitic capitalists: When Tesla’s Elon Musk isn’t profiting from energy subsidies or selling carbon credits to his direct competitors, he’s braying about artificial intelligence and how it will destroy humanity. Always good for positive media coverage from reporters who don’t know what AI is anyway. But the Japanese are forging ahead with FEMBOTS! Soon they will be receptionists, TV presenters, even companions! And Japan doesn’t care if they take over, since everyone is too old to work there. Then there is Bill Cosby. While the media acts as judge, and jury it is important to remember Cosby has never been charged, or convicted of anything. Is it ok that the media gets to decide whether someone is a rapist, murderer or thief? What about spy? Just sayin’. Finally some thoughts about work. More people these days are leaving corporate america to start their own small businesses. Never before have the tools been better for amplifying the individual.  With as much as 13 percent of the work force is checking out of the cubicle, into their own businesses who can blame them? Working for most of today’s corporations is nothing but drudgery and people are getting sick of it. What will the future company look like, and how will people work for them? Sponsored by Depotstar. 

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Podcast 234

Market Plunge. If it wasn’t for Ebola, this week’s Market Plunge would be the top story and we’d all be talking about it. Was it really less than a month ago that President Obama said the market and economy had come roaring back? And this week the market gave back all the gains so far of 2014. Will it come back. Analysts aren’t so sure. As the rest of the economies in the world contract, all hope was placed in US economic growth which the fantasy world created by the media hyped. Bad retail sales numbers this week dashed those hopes. Meanwhile the world’s governments and central banks that depend on inflation to wipe away debts, are very concerned about disinflation turning into deflation. Are lower commodity prices a good sign, or a bad sign? In the final analysis, the US economy will probably not be enough to act as a counterweight to fading growth in the Euro Zone and China, even with lower commodity prices. The worry on Wall Street? Faltering demand among consumers. Surprise! While the President touts economic ‘recovery’ the number of Americans on SNAP benefits (in other words Food Stamps) skyrockets, the clearest indication yet that the newly employed are in low wage part time jobs, and those out of the work force may stay out as long as government programs pay them to. Not a good combination, and certainly not one that indicates dynamic growth. What’s going on? Steve Forbes has five suggestions that are pretty good. The upshot? We’re a long way from the kinds of radical reforms that will change the scope, cost and size of the Federal Government and get things back on track. It isn’t gridlock causing the problems, its the people. It’s our politics. How do we put away creaky old Keynesian concepts moderate Republicans, democrats and progressives have championed going back to the New Deal? How do we cut away regulation, spending and taxation and reduce government power, so that new decentralizing technologies can empower the individual to innovate, generate tomorrow’s successes, and power the US out of the malaise we find ourselves in? Yes, there are Republicans afraid of radical change just as there are democrats afraid to reduce the size and power of government. We have to stop expecting creativity, innovation and entrepreneurial instincts from politicians. News Flash! Your congressman is not Steve Jobs. Not by a long shot. Some ideas to consider when thinking about the other major story chronicling the failure of ‘big government’ these days; The economy. Sponsored by Depotstar. 

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Podcast 216

Climate Change. A few thousand ‘protesters’ crowd into the streets of lower Manhattan and it looks like the Puerto Rican Day Parade and Street Fair on Upper 3rd Avenue, when millions of people hit the streets. But alas, it is only Al Gore, Leo DiCaprio and Robert F Kennedy Jr to add more hot air to the already wheezing planet’s atmosphere. Listen to how they react when reporters ask them about their SUV’s and Cell Phones and ‘Carbon Usage’. For Thee, not me, they say. When do draconian laws being pushed by the environmental movement begin to hurt the people the movement says it is trying to help. Slow, or no economic growth threatens the security of the world, farmers can’t get grain to market because oil has to be shipped on rail roads owned by Warren Buffett, and the scion of the rich family that became powerful politically because of corruption, blames the Koch Brothers for all that ails our fair nation. A slash-and-burn-walk-and-talk podcast in reaction to listening to Al Gore and Robert F Kennedy Jr NOT answer questions asked by reporters about their behavior, and the hypocrisy of the so called ‘Global Warming’ movement. Yes, there is a question about the 17 year slow-down in warming, the dire warnings issued more than twenty years ago about the post apocalyptic environment we would be living in (we’re not), and no, scientists do not agree, the ‘debate’ is not over…isn’t that what science is supposed to be about? And then there is the garbage problem; Protesters left tons of their garbage in the streets of Gotham after the ‘protest’. Leo, Al and Bobby were apparently too busy climbing into their SUV’s, heading off to their yachts, or to the next champagne fueled charity event to bother cleaning up after themselves. Meanwhile, China is the largest producer of carbon ‘pollution’. Think they’ll protest there? Yes we have Climate Change. The trees are already changing colors in the upper midwest, and we know a long, cold winter awaits. Sponsored by Sedation and Implant Dentistry of Saint Paul. 

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