Podcast 349

Blood Moon. Live from Los Angeles, California, from Mobile Podcast Command Unit 8, on the eve of a lunar eclipse some say has prophetic implications, updating the top stories for the weekend. Have the ‘prophetic’ implications of the blood moon lunar eclipse been debunked? And why do they call it a ‘blood moon’, anyway? The top international story is the ‘deal’ with Iran, which really is no deal at all. Really, it is a framework for negotiations which will resume in 3 months. Meanwhile the President himself said this week Iran is 2 months from the bomb. Does that mean they will produce a nuclear weapon one month before the negotiations begin? In truth this is a big gamble on the part of a president who badly needs an agreement with Iran to cement some kind of foreign policy legacy. Is this a good agreement? And in Indiana, hysteria reigns supreme as the left goes crazy over a law similar to scores of other laws passed in states all over the country and backed by democrats including Bill Clinton and Barack Obama, as Senator. Finally, the is the economy getting better? It depends on what outlet you get your economic news from, on any given day. Unemployment numbers are either bad, or good. People are soon to spend the ‘tax cut’ they have received from lower energy prices, or not. Characterizing the US economy as in a ‘boom’ is a stretch when the 4th quarter’s growth was revised down to 2.2 percent and at least one Fed regional office is projecting zero percent growth for the 1st quarter of 2015. What key points to look for in all these stories, and more. Sponsored by Ryan Plumbing and Heating of Saint Paul. 

Podcast: Play in new window | Download (Duration: 34:20 — ) | Embed

Subscribe: Apple Podcasts | RSS

Podcast 311

Brian Williams and Truth. An Update Podcast that takes a foreign policy turn. As NBC News Anchor Brian Williams tries to maintain some credibility in the wake of his admission that he ‘conflated’ a helicopter he was in with another that received RPG and small arms ground fire in Iraq in 2003, veterans and viewers are furious with Williams. In a week in which a man was burned alive in a cage, and buried, Americans are concerned with the antics of a perfumed television presenter. Why do we expect integrity from television news? Much less journalism. For years, the line between entertainment and journalism has been blurring. Perhaps now people see it for what it really is. Meanwhile back on the ranch in the middle east, suicide bombings, and decapitations of hostages and prisoners aren’t apparently enough, so IS decided to put a captured Jordanian pilot in a cage, soak him in gasoline, burn him, then bury the cage with a bulldozer. Incredibly enough this provoked a theological discussion of whether such burnings are justified under Islamic Law. It was decided such barbarity is not acceptable, but the fact that it was even submitted as a theological question is instructive. What is to be done about the Islamic State? The Kurds will only go so far in defending Kurdish Iraq. The Jordanians are understandably angry, but are already asking for bullets, fuel, guns and American Forward Air Controllers in order to attack IS. Is America ready to send troops? The President has correctly described the IS as a death cult, with an Army. It seems, though, as if the United States is underestimating the Islamic State, which some say has a much deeper and stronger appeal to a base of young people world wide, and in the region. Eliminating it may take more than airstrikes and advisors. Now the question is what is he going to do about it? And in the Ukraine – a far more serious matter to the security of Western Europe – Russia is being presented with a peace offer this weekend, which may actually give Putin everything he wants. The end of sanctions in return for allowing Eastern Ukraine provinces self determination, and self government within Ukraine. This allows Russia to reactivate the separatists at any time as well as denying Kiev vital natural resources from these regions. It’s a win for Putin because it allows him to destabilize Kiev at will. Finally, what are the foreign policy ideas of the potential candidates for president in 2016? What are your concerns? Sponsored by X Government Cars and by Depotstar. 

Podcast: Play in new window | Download (Duration: 34:44 — ) | Embed

Subscribe: Apple Podcasts | RSS

Podcast 298

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.)

Podcast: Play in new window | Download (Duration: 37:20 — ) | Embed

Subscribe: Apple Podcasts | RSS