Podcast 321

Updating The Big Stories. Live from the wood stove at the broadcast bunker. On the heels of Podcast 320, concentrating on the Islamic State issue in US foreign policy, some updates on this and other stories. Jeb Bush gives a major foreign policy speech in Chicago, with little more than rhetoric featured except for the announcement that a number of old Reagan and Bush 1 and 2 hands will be assisting ‘The Future President’, Jeb Bush. Is old Cold War and Neo Conservative/Interventionist policy what the United States needs? Or do we need something a little more updated? For Bush this is the safe (and smart) bet for Republicans, but he still did not map out a plan. Meanwhile in Brownsville, Texas a District Court judge has put a hold on President Obama’s plans to ‘reform’ immigration with executive orders. Some people think the lower court ruling is the Supreme Court. The suit was brought by a score of states that claim they are irreparably harmed by the President’s orders, and the President plans to appeal. Some believe the White House has a better chance in higher courts. Others believe this will go all the way to the Supreme Court. In the meantime, chances are the ruling will hold while the states continue with their suit. The scolds are at it again, this time saying the technology revolution had produced no productivity change. Scolds say the tech comparison to the invention of the Light Bulb, or the automobile and their impact on society is poppycock. Why is it Scolds always cite Facebook and Hacking, or the NSA and Ed Snowden as examples of ‘tech’ when they want to suggest ‘tech’ hasn’t really amounted to much? It depends on how you measure productivity, and what years you compare. Moreover, the technology revolution is just getting started. The smart phone is really only a few years old. Flexibility offered in almost every industry with IT has changed how we do business, where we do business, and where workers are when they work. Still greater developments are only starting to be researched. For example, drug companies and silicon valley are teaming up to research reverse aging. If people can live substantially longer lives, without aging, or reverse aging, that will probably have a pretty big impact on how productive our economy is. Would you volunteer to take a trip to Mars? Before you respond, there’s one catch. It’s a one way trip. 100 people have already volunteered for the Mars 1 mission, 24 will be chosen. They will spend the rest of their lives on the angry red planet. If you have issues with so called millennials, you might want to hear what some of the volunteers – in their twenties – said about why they want to take a trip, from which they will never return. Their commitment to the bigger picture is sobering. Sponsored by X Government Cars. 

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Podcast 312

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. 

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