Rule Of Law-Rhetoric-Bob Davis Podcast 831

Rule Of Law Battle Cry

The latest battle cry among democrats is “We don’t follow the rule of law in this country these days”. Is the House of Representatives playing the white knight battling a lawless pretender in the White House? Find out in Rule Of Law-Rhetoric-Bob Davis Podcast 831.

Democrats and Republicans Fight Like Cats and Dogs

Especially relevant is the ongoing battle between democrats the house and the republican president. The flashpoint? Recent committee hearings on Attorney General Barr’s ‘summary’ of the Mueller report on alleged Russian interference in the 2016 election.

A Bad Divorce

Even more like a bad divorce, Mueller publicly released a letter criticizing Barr’s summary. Consequently a House committee ‘investigating’ Barr’s conclusions demanded Barr ‘testify’ again. Barr refused. As a result, the House Judiciary Committee finds Barr in “contempt of congress”.

Media Churns Up Outrage With Little Background

Hit play on the media machine and this is what you get. Gasp. Barr is in ‘contempt’. Trump is not ‘obeying’ the ‘rule of law’! Horrors! Due to this contempt of the rule of law, something must be done!

What does ‘contempt of congress’ mean?

Will Trump and Barr be cellmates in the house jail?

Time For A Midnight Walk and Talk

On a midnight walk and talk I look into this. People shouting about the ‘rule of law’ might be shocked to learn just what contempt of congress means. How does contempt of congress contrast with contempt of court? Check out Rule Of Law-Rhetoric-Bob Davis Podcast 831.

Everyone Holds All Of Them In Contempt

In addition the administration is in distinguished company when it comes to contempt of congress. Presidents back to the federalists and anti federalists have held congress in contempt and have been held in contempt by congress.

A Kerfuffle Boiled Into ‘Crisis’

Finally do people fully understand the overblown “constitutional crisis” is nothing more than business as usual in Washington? Certainly these kinds of disputes are nothing new.

Sponsored by Reliafund Payment Processors and Ryan Plumbing and Heating of Saint Paul

Rule Of Law-Rhetoric-Bob Davis Podcast 831

 

Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697

First of all, the state of the union message used to be a letter. These days you’d think it is the Grammys, Golden Globes or the Oscars. In addition it’s a national event. We’re ‘supposed’ to watch. In Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697.

America Is Back

Trump’s says the Economy Is Booming and America is Back. Really? Since when is 2.6 percent GDP growth a booming economy?

Wall Street Is Main Street

Furthermore during the Obama presidency republicans used to say ‘Main Street Isn’t Wall Street‘. Now that republicans are in power suddenly main street IS wall street. Even when the market is down.

Booming Roaring Economy, right?

In Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697 I’ll outline factors that go into our old style measurement of the economy. Yes there are bright spots. Much as we like good news, let’s not go overboard.

Wait. It’s Trump.

Go overboard!

The Tax Bill. The Tax Bill!

The singular legislative ‘accomplishment’ of this administration so far is the tax bill. Lower corporate taxes are thought of as a good thing for business. Whether the so called middle class will benefit remains to be seen. Certainly the economic effects of changes in the tax code only a month old are not part of the current economic numbers. Find out why inTrump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697.

Executive Orders!

Trump supporters like to tout his executive orders. Many of these don’t do more than tell cabinet departments think differently. Most importantly Trump is issuing far fewer regulations. Have these actions produced economic results?

Witch Hunts Galore

Especially relevant are investigations on Russia and the FBI. The truth is none of this has had any real impact on the day to day business in the rest of the country and have failed to yield conclusive results so far.

Distractions Are The Order Of The Day

Welcome to life in America at the dawn of a technology revolution. This one makes the industrial revolution look like the middle ages. As it gathers speed every tenet of government and society will be challenged. Meanwhile we’re talking about porn stars and Trump’s latest insult.

No One Cares About Outmoded Thinking

In conclusion, most of the older adults in this country dream of a time marked by their own innocence in the late 1950’s and early 1960’s. Moreover our thinking about almost everything is outmoded. Mercantilism, trade protection, mass surveillance, bigger and more expensive government, and huge debts are not about freedom regardless of which party is in control of congress or the executive branch.

(EDITOR’S NOTE: On February 1st 2018 the Atlanta Federal Reserve projected US Economic Growth in the first quarter of the year to be 5.4 percent. This is a noteworthy prediction and if it holds for the US overall it will be a game changer. 5.4 percent GDP would be robust and if it holds through 2018 the terms ‘booming’ and ‘roaring’ would apply, at least as it pertains to GDP measurement.)

Sponsored by Ryan Plumbing and Heating, Brush Studio in The West End and Reliafund.

Trump State Of The Union-America’s Back-FBI-Russia-Economy Booming-Podcast 697

 

 

When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676

They call it Tax Reform. A Jobs Bill. That’s what it must be, right? Journalists and commentators are playing the same old game. Argue a proposed piece of legislation on its merits. Time to reset the boundaries in When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676.

Freedom Of Choice

While listeners to The Bob Davis Podcasts always have the freedom to choose what they think is right, I want to introduce the concept of marginal improvement. Legislators on both sides of the political spectrum talk big about ‘reform’. Usually though they make what really are marginal changes. This is especially relevant when we’re talking about the tax code.

The Real Football Game Is Congress

Team Red moves the ball back to the Blue thirty yard line. It’s hailed as a great victory. Team Blue moves the ball back to the Red twenty yard line a few years later. These are what both sides call marginal improvements. Meanwhile, as economist Milton Friedman famously suggested, they keep getting elected by making the tax code more complicated.

Budget Neutrality Isn’t A Thing

Enter a legislative concept called Budget Neutrality. The idea every expenditure must be ‘paid for’ with tax increases, or budget cuts. You think Tax Reform means lower taxes. What they’re really doing is taking away tax deductions and loop holes, and increasing our overall tax. The sad part is, it’s not their money, it’s our money. In When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676.

What Is Real Reform?

If you want real reform. The end to this kind of corruption? Then the power of the federal government to tax our incomes and our property must be permanently eliminated. Should corporations be taxed at all? Do you have property rights if you pay property taxes? How does government pay for the wonderful things both sides wants it to provide? We talk about it in When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676.

Already Socialists

So called conservatives like to argue the merits of capitalism versus socialism. It seems like I’d be on pretty safe ground if I suggested the United States has been collectivist for decades. Our economic system is not so much capitalist as it is a controlled market economy. Our elected Kings and their privy courts control our behavior and our futures with regulation and a tax code so complex, were it to be proposed as a single law in its present form, it would cause a revolution.

(Editor’s Note: While the first actual income tax in the United States was levied during the Civil War, it was later repealed as ‘unconstitutional’. Several attempts were made to establish an income tax through the late 1800’s which were unsuccessful, until the 16th amendment, ratified in 1913.)

Sponsored by Ryan Plumbing and Heating of Saint Paul and Reliafund

When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676