Podcast 279

Bush Profits From Obama Care? Updates for your weekend start with The Interview; the movie that portrays the assassination of North Korean ‘leader’ Kim Jong Un. With crowds flocking to see the mediocre mad cap comedy film in 331 independent theaters across the US, on demand on line, and on You Tube, and with evidence implicating the North Koreans in the Sony Hack at this point circumstantial, we have to ask whether this could be a publicity stunt? A stunt that results in the Hollywood Studios finally getting around Theater Chain opposition to VOD, and produces some negative propaganda for the North Koreans in the west? Sound outlandish? Remember Zero Dark Thirty and Red Dawn, to name two, produced with involvement by the US Government. There’s no question the North Koreans richly deserve some bad press. Any nation that locks hundreds of thousands up in death camps, deserves at least a slap in the face internationally, right? Meanwhile, lots of snark about how ‘bad’ the movie is. (Editors Note: I have not seen The Interview, but by the time you hear this podcast I will have watched it on You Tube, and will dutifully review it.) Moving on to New York City. Can Mayor Bill de Blasio continue without support from the Police? In the wake of the murder of two NYPD by a man with ties to the Black Guerrilla Gang (which has also threatened to attack at least two precinct HQ’s in NYC), Al Sharpton protests which featured chants of ‘What Do We Want? Dead Cops!”, and attacks by professors on NYPD officers, again we ask whether protesters have jumped the shark? How much are the post Ferguson, and post New York protests protecting and supporting criminals? Is it a good for Progressives to support elements of an emerging criminal political class? Then we get to Jeb Bush, who has cynically sold his stock and resigned his board of directorship at one company that profited from Affordable Care Act. What about the other companies he has interests in? Is he making money from big government? Are you going to let ‘Common Core’ and ‘We shouldn’t repeal Obama Care’ Jeb Bush get elected President in 2016? Please Sir! Sit Down! Finally, if you voted Republican to get rid of O-Care, the think tanks are already telling people pushing for repeal, that option is ‘too much to ask for’. Really? It took only about a month and a half for them all to forget who elected them, and why. Sponsored by Baklund R & D. 

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Podcast 265

China Wins! Weekend updates start with the news that China has overtaken the US as the largest economy in the world. Except it’s not true. According to the IMF, using one measurement of economic magnitude, China has overtaken the US. Of course the US media jumps all over this story despite the fact that the measurement called PPP is controversial for many reasons. In fact China’s economy is considerably smaller and poorer than the US. However, it should be pointed out, when your neighbor is saying ‘things are better now’; if the US continues to have sub par growth (par in this case would be a normal dynamic growth of 4% or more for the same length of time as the recession), China will eventually overtake us. All the more reason to advocate growth policies focused on production, rather than trying to stimulate consumption. Protesters, variously reported as protesting the Ferguson Grand Jury decision and advocating for a higher minimum wage, blocked I35W just outside of the downtown Minneapolis. (Editor’s Note: The confusion in reporting got me talking about minimum wage, but the effect is the same. I don’t understand how making people angry because they sit in traffic for an hour makes them amenable to the cause, whatever that is.) The kinds of people who make more money are the people who develop time and productivity saving innovations, and figure out how to market them. Increasing wages by fiat won’t make anyone’s life better in the long run. Moreover, it’s possible in the short run, some fast food and service industries that employ human beings will automate most of these processes and actually improve service and the quality of their product. Low and middle skilled labor in the next twenty five years will face some grim employment challenges. Protesting this sea-change in the production and labor equation, is spitting into the wind. Black Friday sales are down, provoking all kinds of discussion about ‘what it means for the economy and retailers’. Probably nothing, either way. But, it does provoke a discussion about why some retailers are going out of business, and it isn’t because they’re not offering discounts. Its because they’re not retooling properly for the new consumers who don’t want to wait until the day after Thanksgiving for the best deals, and they want better service. Some stories from the consumer front prove this thesis. For example, a new study says people care more about the WIFI connection than they do the bed, when it comes to choosing a travel hotel. Did the North Koreans really hack Sony Pictures. Not so fast. Investigators now think it was a disgruntled employee. But the real story is how much these Hollywood types are making … but you won’t see any minimum wage protesters on the Sony studio complex. Meanwhile, more TV viewers are streaming their favorite shows, and its happening with radio too as people listen to podcasts and services like Pandora, over the internet. Finally, that all meat diet you’re on may actually be better for your heart than the gluten free bagel diet. New studies show its the carbs that kill your heart. Sponsored by Ryan Plumbing and Heating of Saint Paul, and by Depotstar. 

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Podcast 259

Road Trip Pt 1. From southern Minnesota to Iowa, over to Indianapolis in one night, on the first leg of the East Coast Road Trip, Pt 1. A stop at the largest truck stop (anywhere?), along I-80 in Iowa. Or somewhere. How do you get from Minneapolis and Saint Paul to Virginia? Do you go 94 to 39 to 74 to 65 to 64? Do you go across the Indiana, Ohio and Penna Turnpikes? Do you go the southern route? A tortured path to Virginia, avoiding snow squalls and winter warnings all the way. Anything for Thanksgiving with the family, right? Especially when you’re cooking Thanksgiving dinner. Hauling ass! Along the way, breaking news coverage of the two big stories; No indictment from the Grand Jury in Ferguson, Missouri … and Defense Secretary Chuck Hagel is resigning … some say due to pressure from the White House. (Editors note: Somehow I find myself out of synch with the two big stories of the week; Ferguson and Bill Cosby.) More and more it seems the media has a symbiotic relationship with victims, protesters or the otherwise aggrieved. They seem to feed on each other, whether there is a story there, or not. Meanwhile, the media continues to ill serve the American people. Forget ‘objective’, as in ‘both ‘ sides of a story. We’re talking about just getting the facts out. They just can’t seem to do it. Witness the actual live reporting as we drive across the Midwestern US, via scratchy AM radio. “Yes, I hear pops. I can’t say its gunfire, but…”. Really? All you need is a Guy Fawkes mask and a hoodie these days, and you’re a bonafide protester. Now. What to protest. Hey, my neighbor says he was raped by Bill Cosby! Is that good enough? Procedure? Evidence? Well reasoned arguments for and again? Forget it. The road beckons, and it is a good thing. Only thing to think about is avoiding black ice, and keeping your speed up. Sponsored by X Government Cars. 

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