The IRS Needs More Money? Another update podcast from the newsroom at the Bob Davis Podcasts. The head of the IRS was back on the hill recently crying for more money, saying the agency uses computer programs from the dark ages and can’t do what it is supposed to do, collect taxes, because it has too many things to do. Does the IRS have too much to do, and too little money to do it? Or, is it another VA; another poster child for the failure of big government. Meanwhile, you have a less than one percent chance of being audited, unless you make over a million dollars, or cause red flags (in those archaic computer programs) to be activated. Perhaps it is time to talk about a new head of the agency. Or maybe even a new method of taxation that does away with this agency. Should we pursue tax reform under President Obama or make it a campaign issue in 2016. What proof is there that anyone with an R in front of their on the ballot is going to actually ‘reform’ taxation policy? Colorado’s legalization of Marijuana has caused so many millions of dollars in taxes to be collected that a state law might require it be returned, much to the chagrin of republicans and democrats in the legislature. Guess what? They want to pass a law so they can keep it all … for education. Two shootings that involved police officers in Hennepin county this week provoked some to question how people who were either convicted felons, or known to be unstable (and thus afoul of the law) managed to get guns. While the gun control movement in the US thinks the solution is to pass a law that says people like that can’t have guns…yet they always seem to get them. Fifty Shades of Grey sex toys have hit the shelves … at Target. The company says the Fifty Shades marketing package which contains blindfolds – among other things – will be placed in an adult area of the store, but one pic surfaced of the Fifty Shades stuff next to children’s tooth brushes. Surprisingly, China will have the most robots in use in their manufacturing sector by 2017. Who will make the Robots? Swiss, German and Japanese companies. Expect thousands to be laid off in China’s automotive and technology sectors. Science may have figured out how to reverse the effects of aging and how to end the common cold. Sponsored by My Complete Basement Systems and by Depotstar.
Cars. A prominent British auto collector said recently the driverless car will have a catastrophic impact on the auto industry, sooner than you think. Recently a few stories about the twentieth century romance with the automobile may have caught your eye. The son of a collector in France, who’s vintage Ferrari’s, Spyder’s, and Maserati’s were forgotten for decades, and an auto dealer in Pierce, Nebraska who saved his unsold inventory, resulting in a stunning collection of hardly driven Chevy cars and trucks from the 1930’s onward. Nothing says twentieth century like the car. From the Model T and Al Capone’s 16 cylinder Cadillac to the muscle cars of the 1960’s and 1970’s. This is not a technical automotive discussion, more a talk about how automotive technology conveyed independence and freedom for the first Model T owners, all the way up to the baby boom generation. For many, the car IS the American Dream. With student loan debt averaging around 8 thousand dollars, credit card debt and rents increasing, today’s young adults struggle to afford a car, and many don’t want one anyway. What conveys freedom today? The smart phone and the technology and communication it brings. While many are nostalgic for an easier time – cruising the Dairy Queen or main street on a Friday night – disruptive changes technology brings can be frustrating and frightening … but they can also inspire. Today’s new technology actually does convey independence and freedom in ways Henry Ford couldn’t imagine. Today’s industrialists in Silicon Valley and Seattle, worry about artificial intelligence; smart machines some believe threaten humanity. Meanwhile, Bill Gates and those following in his footsteps are rushing to create autonomous software and machines that can do everything from pick fruit to work as medical orderlies. There is a new world coming, and its coming fast. Many of our social institutions were created for the twentieth century world, which will soon be left in the dust, and it doesn’t seem like we’re ready to accommodate new ideas like the Driverless Car, autonomous machines, robotics and many other innovations. What happened to the romance of the open road, and the Plymouth Road Runner? It got stepped on by an iPhone. Now what? (Editor’s Note: I like this podcast because it also includes a lot of memories from my childhood, and some great car songs.) Sponsored by My Complete Basement Systems, and Depotstar.