Podcast 316

Midweek Updates. Live from the newsroom at the Bob Davis Podcasts. Bruce Jenner allegedly kills someone and everyone is talking about Brian Williams. Go figure. NBC News still doesn’t know what to do with the news anchor who embellished stories about Iraq, and now apparently Katrina, and whether he saved puppies or not when he ‘was a fireman’. If Williams is forced to leave, NBC will have to write him a check for fifty million dollars. Williams just signed a five year contract with the network for ten million dollars a year, so he might NOT be singing ‘Don’t Cry For Me Argentina’. Alas, the news media IS crying for Williams. The New York Times says Williams is a victim of ‘false memory’, which apparently a lot of us have. The Minneapolis Star Tribune suggests this is a time for forgiveness. Why are they apologizing for Williams when real reporters – not to mention American servicemen and women – are actually dying when they cover the news, or being beheaded, or something like that. Even more sad news than the fall of a ‘hero’ television presenter is the sad story of Whitney Houston’s daughter Bobbi Kristina Brown. The Brown family says they’ll remove Bobby from life support today, February 11th, the same day her mother passed. Bobby always said when Whitney died, she lost more than her mom, she lost her best friend. Yet more sad? IRS head John Koskinen says ILLEGAL aliens will be able to receive back earned income tax credit payments for as long as they have been in the US. Millions of illegals could receive millions of dollars in payouts, financed by American Taxpayers. It seems President Obama executive memoranda which amnestied these people neglected to exempt them from such payments, so Koskinen wants to be on the ‘safe side’. Enough to make us want to remove ourselves from life support. A town in Pennsylvania is placing signs at the edge of town that say, “This is NOT a Gun free Zone”, which is driving the gun control zealots into a frenzy. One of them says the signs will mean criminals will shoot first, and that Conoy Township ‘will be like the wild west’. The town says they’ll take that bet. Minnesota Governor Dayton’s struggle with the House over huge pay raises for his commissioners has descended into a battle over whether the Governor will testify. He says he’ll meet with legislators but won’t testify. He also offered to do what he can to increase the pay of legislators! Meanwhile it appears the Republican House has a little  ‘splainin’ to do as well, since GOP operative and House employee Ben Golnick was also given a huge raise and makes over six figures. Sigh. In Michigan legislators are considering a bill which would outlaw subsidies to businesses. It seems Michigan is on the hook for 6 billion dollars in subsidies to auto companies. And you wonder why Detroit is a wasteland. Great idea, by the way. And eggs are good for you! Sponsored by Depotstar

Podcast 255

Immigration Reform. (Midweek update, a little late due to a long podcast with Andrew Richter and Jason Bradley. The point of podcast 254 is that you can stop unelected regional boards from encroaching on your town. While critics of organization say you have to have candidates who inspire people to get involved first, where will the candidates come from? Local politics is one of those areas were individuals can have a huge impact. Thanks again to Community Solutions MN for joining the Bob Davis Podcasts.) President Obama prepares to issue executive orders granting amnesty to some three million illegal immigrants across the US, igniting a political fire storm. The President wants Republicans to pass the Senate Immigration ‘Reform’ bill, which has been languishing since last year, Republicans don’t want to pass it. So, the President will issue orders that accomplishes the same thing. Sort of. The idea of using executive orders to ‘legislate’ from the White House is controversial; one of the oldest constitutional arguments in the Republic. Courts have supported Presidents who use executive orders in an ’emergency’, but that doesn’t make them any less controversial and politically provocative. George W. Bush got into hot water with detentions , surveillance and ‘Gitmo’. Obama questioned how far he could go on immigration as late as last year, suggesting to supporters in the Latino Community that he could only use executive power related to existing legislation. Now he appears to have changed his mind. Since the President and now minority Democrat leadership in the House and Senate are moving to the left, expect more executive orders designed to ignite debate and draw attention to their issues, and their agenda in preparation for 2016. Don’t expect President Obama’s actions to be designed to help Hillary Clinton. Rather, it might be suggested the President, Harry Reid and Nancy Pelosi are moving to the left, to lay the groundwork for an Elizabeth Warren presidential run. Deflation is now the number one financial news story after being featured on the Bob Davis Podcasts last month and earlier in November, 2014. With Japan in recession, Europe on the brink and China in trouble, central bank stimulation and big government public works projects are not working. The solution? More central bank intervention and public works projects! Really? Meanwhile, depending on what fourth quarter US economic numbers show, get ready for sandbagging. Already defenders of more public works projects and cotton candy from the central banks are pointing to ‘cold weather’ as the reason for potentially (hasn’t happened yet, but just in case) negative economic numbers. We have had earthquakes, hurricanes, hot summers and cold winters during economic boom times as well, but suddenly ‘the cold’ (which has lasted two weeks) is causing an economic slow down? Keep in mind as late as a week ago the media was telling us the reduction in oil and eventually gas prices would act as a boon to the US economy. What happened to that line of reasoning? “Cheaper gas acts like a tax cut” they say. Really? Bottom line is, Keynesian economic policies don’t work. One thing cheaper gas means, according to Bloomberg.com, is people will be flooding onto the nation’s highways for the Thanksgiving Holiday. A whopping .1 percent increase as compared to air travel this year. The Bob Davis Podcasts will be out on the road to report on this story. If you plan on driving to this year’s Thanksgiving feast at the relatives, Podcast 255 has some suggestions on how to avoid the traffic. Sponsored by Baklund R&D.