General Motors Plant Closings Ruin Trump’s Day-Bob Davis Podcast 783

General Motors announced deep job cuts and plant closings recently. President Trump got angry. Find out what the real story is in General Motors Plant Closings Ruin Trump’s Day-Bob Davis Podcast 783.

Thousands Laid Off On Cyber Monday

Thousands laid off. Plants closed. People in Michigan and Ohio stunned. Now Trump is threatening the pull US Subsidies for Car Companies. See how it played out on Cable News here.

GM Says Cars Aren’t Selling

Most workers in Michigan and Ohio wanted to know why. GM says the Chevy Volt, Cruze, Impala, Buick LaCrosse and the Cadillac XTS aren’t selling.

Everyone Is Mad

Workers, unions and consumers are mad. So is the president. Most noteworthy are the taxpayers on the hook for billions in borrowed money to bail out the auto companies.

Can The Mighty Trump Fix It?

Moreover it’s the government’s job to create jobs and make sure we make what we consume in the US. Right? That was Trump’s campaign message to voters in Ohio, Michigan in Wisconsin. But, Trump represents a new “Republican Conservatism“, right? Learn more in General Motors Plant Closings Ruin Trump’s Day-Bob Davis Podcast 783.

A New Day For Republicans

It’s a new day. These days Wisconsin spends four billion dollars to create thirty thousand jobs. Trump can force Carrier to keep a plant in Indiana open.

The same plant that just announced 200 job cuts.

Obama’s Fault?

“It’s Obama’s Fault” say social media conservatives. Which president and which party urged bipartisan action to bail out the automakers? The answer is most noteworthy. To find out, download General Motors Plant Closings Ruin Trump’s Day-Bob Davis Podcast 783.

Bail Outs and Picking Winners

Finally, do conservatives believe the government should use tax dollars to bailout companies that are failing? What about higher taxes on companies as well as trading partners overseas? Furthermore do republicans believe the government should borrow money to subsidize plants for Elon Musk? Or stadia and other local building projects in cities?

In conclusion we can only wonder where all this leads. Isn’t it more like Italy in the 1920’s than the liberty and freedom we associate with the United States? That is a question especially for republicans?

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General Motors Plant Closings Ruin Trump’s Day-Bob Davis Podcast 783

Brett Kavanaugh-New McCarthyism-Cesspool-Podcast 760

These days lurid talk about the show trial and the cesspool in Washington DC are apparently unavoidable. Most noteworthy is the latest example of new McCarthyism. What’s it all about? The Midterms. Find out why in Brett Kavanaugh-New McCarthyism-Cesspool-Podcast 760.

Spinning Out Of Control

It feels to me like our government is spinning out of control. Especially relevant is the latest installment. A down in the dirt, mudslinging fight over a supreme court nominee.

Maybe The Conspiracy Guys Are Right

Moreover it sure feels like a massive manipulation. Makes me wonder whether all the conspiracy You Tubers right after all. Leaves me feeling disgusted and dirty. Learn more in Brett Kavanaugh-New McCarthyism-Cesspool-Podcast 760.

Tail Gunner Joe

In the 1950’s it was McCarthyism and the Red Scare. All about communists. Fueled by fear of nuclear war and a takeover of the US by soviet agents. The Senate Committee on Un American Affairs poured gasoline on a fire of fear.

Destroying Lives and Livelihoods

Soviet spies did penetrate the US Atomic Bomb Program at Los Alamos. However McCarthy made it sound like enemies lurked in the shadows everywhere. It got out of hand. Livelihoods and lives were destroyed in his quest for center stage.

Men Live In Fear

Fast forward sixty years. We’re back at it. This time the #metoo movement is the delivery system. A movement that had a chance to help women in the workplace is now a weapon in the hands of politicians. Dim memories now lurk in the shadows. Men now live in fear. Prosecution without due process. Sentence without regard to anything but party loyalty. It’s getting out of hand.

They Were Told Hillary Would Win And They Believed It

This time it’s a simple case of the democratic party being unable to accept Trump’s presidential victory. They actually believed the media when it said polls showed Hillary would win. Except that’s not what the polls said.

In all fairness though, republicans have certainly had their fun with the sexual activities of high officials. Republicans have had their own issues being unable to accept election results.

In conclusion we’re going to have to go through this nonsense now that charges have been made so we can get to the bottom of it. That means new ‘facts’, new people ‘coming forward’ and more ugliness. Maybe they’re true and maybe they’re not. I can’t know and neither can anyone else, until the facts are determined.

Meanwhile the country is drowning in a sea of debt and spending. All the ‘fourth estate’ can do is talk about penises and parties, and fiddle while Rome burns.

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Brett Kavanaugh-New McCarthyism-Cesspool-Podcast 760

American Cultural Revolution-Bob Davis Podcast 745

These days the United States is fast becoming a place where you cannot speak your mind. A country founded on free speech faces mob rule. Learn more in American Cultural Revolution-Bob Davis Podcast 745.

A Sea Of Nonsense

Furthermore misinformation and disinformation fill the sea of our thought. Even the news sounds like conspiracy theory. Everything is personal. People expect tolerance but give no quarter.

One Slip Up

Especially relevant is the reality that one slip up can turn a friendly conversation ugly. Consequently I wonder if we’re living through the early stages of what the Chinese went through in the 1960’s and 1970’s. Sure seems like it.

Abuses

During those years in China millions of people suffered a wide range of abuses. Public humiliation, sustained harassment, resettlement and worse. Historic relics and artifacts were destroyed. Religious sites ransacked. Sound familiar?

Political Minefield

Our world today is a political minefield. Stripped bare of decorum and decency. Long gone are the founding concepts protecting the rights of political minorities through free speech and republican government. They have been replaced by the unpredictable grievances of the mob, and its solutions.

Enemy Of The People

Finally the mob doesn’t necessarily have to follow a specific political direction. While one side is driving people out of restaurants the president is telling the country the ‘press is the enemy of the people‘. More shouting and demands.

Labels

Most noteworthy is the penchant for labels that make the old republican and democrat divide quaint. Alt-Right, Democratic Socialist, Populist, White Nationalist, Conservative, Liberal, Right and Left, up and down in a dizzying tornado of deadly serious nonsense.

Setting The People Back Decades

When the Chinese Cultural Revolution finally ended under Deng, the party recognized it had set the country and people back decades. Perhaps the only reason China wasn’t torn apart by Mao sponsored mobs running amok is because it was and is a tyranny. Maybe that is our future.

This Doesn’t End Well So Grow Up

In conclusion, this doesn’t end well. I know it seems like years but Trump has been president for only a year and eight months.  Eventually some test will come up for Donald Trump. The question is whether our politics these days can weather it.

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American Cultural Revolution-Bob Davis Podcast 745

 

 

 

 

 

 

 

 

 

Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699

Amazing what a two day rollercoaster ride in the stock market does? Perspective tends to focus our thinking. In Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699.

Market Drops Provide Perspective

Recent ups and downs in the markets are a great thought starter. Sudden changes whether predictable or not, can provide some needed perspective.

Trump Stops Saying He Made Markets Sing

Most recently the market dropped 666 points during President Trump’s speech. On the next business day the Dow dropped more than a thousand points. Trump stopped saying he made the markets sing because of the drop.

Most noteworthy our national conversation shifted from what we did during the Super Bowl to the markets in one day. In the grand scheme of things one thousand points is not the end of the world. Maybe. We’ll talk about it in Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699.

Grandpa And Crazy Uncle Joe Love Fox News

Suddenly the idea of Washington DC driving media coverage seems stale. Google Trends shows interest in political news barely makes it into the top twenty. The market drop is one of the top searched topics. Especially relevant are the demos for so called news channels. As they keep talking politics their viewership keeps getting older.

Younger adults aren’t spending their time with Sean Hannity. What’s more the topics they search for don’t include the Nunes Memo or the Russians. Find out why and what in Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699.

The Narrative Is A Bill of Goods

A republican president wants to help business, goes the narrative. The economy will grow. The stock market proves it. Right? All the top CEO’s and business leaders are ready to invest. Just look at the market.

Wait! What?Ru

Trouble Ahead?

In conclusion, there’s an old saying that markets sometimes indicate trouble ahead. Consider the fact that a marketplace represents thousands of people and billions of decisions about what to buy and sell. Maybe the market knows something we don’t.

If true, the old saw that the market predicts the future might be onto something. If it is it’s a lot bigger than the Russian Dossier and FBI corruption.

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Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699

 

 

Trump Rebuild America Infrastructure Plan Not Conservative-Podcast 689

President Trump has convinced republicans he is a conservative. But his spending and building plans will pile on the debt. We’ll talk about it in Trump Rebuild America Infrastructure Plan Not Conservative-Podcast 689.

Debt and Deficit Spending Is Conservative, right?

Republicans sell their tax plan as a boon to the economy, despite a potential 1.2 trillion dollar budget hole by 2025. Moreover, after the new year President Trump will introduce an infrastructure plan that will add more debt. Deficit spending and public works projects are not conservative economic ideas.

Its Supply Side Economics Right?

For years republicans have touted the idea of shifting our economic approach to producers rather than stimulating consumer demand. That’s what they think this president is doing. Truth is President Trump and the GOP will not actually be testing so called supply side economic ideas.

In Trump Rebuild America Infrastructure Plan Not Conservative-Podcast 689 I review exactly what Supply Side economics is. What’s more, I’ll explain how Team Red might be more than a little surprised to learn their economic policies are more closely related to the famous progressive populist Huey Long than Ronald Reagan.

Rah Rah Team Red

Holiday season is a great time for get togethers with friends and family. Politics is a topic of conversation during these get togethers. Republicans celebrate an economy that’s growing wildly, already. Since government spending is a component of our calculations for ‘the economy’, spending and borrowing can create what looks like growth.

It’s The Spending

Lower tax rates, especially for corporations can help producers and spur economic growth. What about higher spending and bigger deficits? Sounds to me like republicans and democrats are practicing two sides of the same approach to economics. Deficit spending and more debt to spur economic growth.

Welcome To Louisiana

In conclusion team red people may cheerlead for anything their president and congress does as it is their right. Just be honest. Go ahead and wrap yourself in the flag and religion, but Team Red isn’t conservative and neither is President Trump.

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Trump Rebuild America Infrastructure Plan Not Conservative-Podcast 689

Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688

Both houses of congress have now passed the 2017 Tax Cuts and Jobs Bill. After four hours and near blindness, I finished all one thousand plus pages. Every citizen should read this bill. In Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688.

Big Little Reforms

Especially relevant is the public relations effort by republicans to convince voters this is a ‘sweeping’ reform of the US tax Code. In fact it is an amendment to a budget bill that further amends the 1987 Tax Reform Act.

Everyone Loves Or Hates

Moreover, if you read the bill, you should almost have a copy of the 1986 Tax Reform Act handy. Both sides of the so called political divide are touting how great this legislation is, or how it will end the world as we know it.  I’ll give you some details in Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688.

Please Hold For Your Tax Attorney

Truth is if you are in business you’re still going to need an accountant and tax attorney advise you. Some businesses will see their taxes increase. Some individuals will see their taxes increase. Sure, the standard deduction has been doubled and tax rates reduced…but…

It Might Be Good…Then Again

There will be fewer deductions and thus fewer ways to legally reduce exposure to taxation. Depending on your specific situation you might see an increase or decrease in your overall tax. I explain some of this in Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688. In addition, listen to my tax reform podcast to understand the political game going on under the guise of fixing the tax code.

Never Underestimate The Power of Free Beer

There are scores of pages concerning craft beer, wine and spirits. Guess all those receptions with free hootch for members must have worked! Finally there are lots and lots of new rules regarding businesses of all kinds.

Beware of Congressmen Bearing Cool Sounding Jargon

When congressmen and senators go out among the people and talk about all they have accomplished, you’re going to hear the words ‘pass-through’ and ‘average american will save’ such and such a lot. What does it all mean? Find out in Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688.

More Government Control

In conclusion my final reaction is the sadness I feel that our federal government controls so much of what we do as citizens through the mechanism of taxation. Republicans who campaigned on a tax cut have certainly paid off on that promise, at least until 2025, but at what price. That is the 1.2 trillion dollar question. President Trump signed the bill into law Friday afternoon.

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Read Entire 1097 Page GOP Tax Bill-Part 1-Raw Reactions-Bob Davis Podcast 688

Doug Jones Beats Roy Moore-Trump-Alabama-GOP Chaos-Podcast 685

Is the South suddenly turning blue? Democrats have handed the GOP a shocking defeat in the Alabama US Senate Race. Coverage in Doug Jones Beats Roy Moore-Trump-Alabama-GOP Chaos-Podcast 685.

A Stinging Defeat

What are the takeaways from this race? What about winners and losers? Where do the President and Republicans in the Senate go from here? Where does the President’s former chief strategist Steve Bannon go from here?

Comedy of Errors

This was a race that captured the whole country’s attention. First there was the botched appointment of Luther Strange to the Senate Seat held by Jeff Sessions by an embattled Governor. A controversial primary election followed. Especially relevant were salacious allegations of misconduct leveled against republican candidate Judge Roy Moore. We’ll talk about it in Doug Jones Beats Roy Moore-Trump-Alabama-GOP Chaos-Podcast 685.

Welcome To The Blue South?

This is the second state to elect a democrat in a state wide race this fall. With Virginia electing a democrat governor in November and now a Senator in Alabama in December republicans are suddenly concerned about a lot more than their majority in the US Senate. What about the 2018 races coming up?

The Tax Bill Suddenly Got More Expensive

Republicans have a thin majority in the Senate. With the democrats adding a seat and a few republicans soft on the President’s agenda, suddenly passing legislation like the Tax ‘Reform’ Bill, Confirmations and Treaty Votes will be a little more uphill. In 2018 you can be sure past histories of congressmen and senators and their relationships with women will be on the ballot. But there’s more.

Get That Old Religion

In Doug Jones Beats Roy Moore-Trump-Alabama-GOP Chaos-Podcast 685 we’ll talk about the failure of something called ‘Republican Populism‘ in Alabama. Truth is, many people have overlooked Roy Moore’s decidedly far right and ‘populist’ political ideas because of the allegations against him. While those allegations certainly had an effect, his politics couldn’t have helped.

Time For A Plan

Finally, do republicans have a plan for the future beyond, “We can’t let democrats win”. Is there a plan beyond barnstorming politicians who say whatever enters their mind and blame of the media? We’ll talk about it in Doug Jones Beats Roy Moore-Trump-Alabama-GOP Chaos-Podcast 685.

Trump Has To Take The Blame

The president, his former chief strategist and the republican party have suffered a stinging defeat. The idea was, go out and campaign for our guy because he is our guy and we can’t afford another ‘liberal’ democrat in the senate. Well, that is exactly what happened. President Trump has no one else to blame for this defeat, but himself.

(Editor’s Note: A late night meant I was a little fuzzy with my Senate numbers. With the GOP losing this seat they lose a vote in the Senate. Democrats gain one. So it’s GOP 51, DEM 49. Add two independents who caucus with democrats…and it’s 51 51. With a soft majority for the republicans – they don’t necessarily vote as a block – the future could be uphill for the President and Republicans.)

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Doug Jones Beats Roy Moore-Trump-Alabama-GOP Chaos-Podcast 685

 

 

 

 

 

 

Storm Clouds Gather Over The Bull Market-Podcast 665

We don’t see the storm building over the markets. Distractions. Shiny things that draw the eye and ear. A war of words between a North Korean dictator and the president. Kneeling football players and the Tweeter In Chief. Meanwhile, the long expansion in the markets may be about to end. A heads up for you on how and why in Storm Clouds Gather Over The Bull Market-Podcast 665.

Watch The Shiny Thing

We don’t look beyond the distractions in the media to see what they conceal. No amount of pointing and saying ‘look’ is going to change it. We have not had a serious market or financial crisis since 2008. Our economy has been on life support ever since. Now the DNR order has been signed. Find out why in Storm Clouds Gather Over The Bull Market-Podcast 665.

Market Shocks Have Political Consequences

Remember 2008? The market crashed. The banking system was going to seize up, they said. A republican administration suddenly bailed out the banks, insurance companies and big car companies. The shock changed politics. A new administration came in, in 2009. New banking regulations, more government spending and a very large stimulus package was passed by congress.

Hey! What Happened To The Punch Bowl?

The Federal Reserve, bank of last resort, began a program called Quantitative Easing in 2009. Over the next eight years the FED added trillions of dollars to its balance sheet as it ‘injected’ money into the US economy. QE one, two three and four indirectly supported the stock market through the purchase of hundreds of billions of dollars worth of securities. What happens when they take that away?

Pay Attention

So this is a simple heads up that it might be time to start paying attention. While we’re talking about things that don’t matter they are doing things that do. That storm roiling to the west, might be rolling in anytime. In Storm Clouds Gather Over The Bull Market-Podcast 665.

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Storm Clouds Gather Over The Bull Market-Podcast 665

 

 

 

Ready For Another War in North Korea? Podcast 626

North Korea continues to test missiles and make threats. The United States sends ships and rattles the saber. Time to talk about North Korea and War on the Korean peninsula in Ready For Another War in North Korea? Podcast 626.

Korean History

Korea has a rich history. Japan ruled Korea from 1910 to the end of World War II. In 1945 Koreans hoped for self determination. Didn’t work out that way. Russia and China supported the North. The United States supported the South. The peninsula was divided at the 38th parallel.

Costs Of The Korean War

In June of 1950, supported by Soviet weapons, Kim Il Sung invaded South Korea. Three years of war cost the United States 33,000 military deaths. Estimates of civilian and military deaths in the North and South during the war, range between 1.2 million to 2.5 million.

North and South Are Still At War

July 1953. Panmunjom. A cease fire agreement ended the fighting but not the war. 25 million residents of Seoul, South Korea live today under the threat of mass artillery attack from the North.

The North Is A Nuclear Power

North Korea has had a nuclear research effort since 1956. Since the 1980’s efforts to prevent proliferation of nuclear weapons have included posturing, threats, aid, agreements, negotiation. All failed. North Korea today is a nuclear power. It is researching development of ballistic missiles. Currently they have only about a 1500 kilometer range.

Trump’s New Direction

President Trump has appears to have taken a more realist approach to foreign policy. What does this new direction mean for the US and the world? Will there be a positive effect to pushing the North Koreans beyond their resources? What are the scenarios for a potential regime change? Does the administration have a plan?

Americans In The Dark. Again

If the US becomes involved in a military conflict on the Korean peninsula what will the costs be? What happens if the current regime is removed? In the rush to report on ships and planes, military capabilities, and the latest back and forth, once again we’re not being given key information by the media. In Ready For Another War in North Korea? Podcast 626.

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Ready For Another War in North Korea? Podcast 626