US-Debt-Kills-Repo-Markets?-Bob Davis Podcast 885

Pay Attention To This Issue

My job is to bring new issues to the attention of subscribers and listeners. That’s why I sat down Saturday and recorded US-Debt-Kills-Repo-Markets?-Bob Davis Podcast 885.

Repo Market Hell

First of all I am not a banker but I stay current on financial news. Especially relevant are the concerns experts are voicing about something called the Repo Markets.

Not Where Your Car Goes When It’s Repossessed

In US-Debt-Kills-Repo-Markets?-Bob Davis Podcast 885 I’ll provide a definition of these markets. I’ll also explain ‘Repurchase Agreements‘.

Key Markets For World Banking Liquidity

Just remember, these markets are instrumental in keeping the world’s banking system afloat on a day to day basis.

Drying Up Like The Dust Bowl

That’s why it’s most noteworthy the repo markets unexpectedly started to dry up in the fall.

Fed Rides To The Rescue…Again

The drought forced the United States Federal Reserve Bank to dump billions into these little known markets.

Billions

More billions than the banking experts expected.

More Billions

320 Billion since last fall.

Even More Billions From The Fed

Even more the Federal Reserve has projected dumping as much as another 500 billion into these markets in 2020.

Whistling Past The Graveyard

Why? According to some, the Fed wants these markets, largely based on United States Treasury Bonds, to stay open and liquid.

Big Federal Deficits Finally Taking Their Toll?

After all, the federal government has ever larger budget deficits and debt to finance.

Trillions of Dollars of Debt Gotta Go Somewhere

Now hold onto your hats. The federal government has been dumping US Treasuries on these markets in 2019, in increasing amounts. After all, they have a now trillion dollar budget deficit to cover.

Rumors Of Bank Failures

Other supposed reasons for the problem include rumors of a big European Bank in trouble.

Could Be The Hedge Funds

Some blame the big hedge funds.

Or, Hedge Funds Are Saving Our Asses

Others say there’s so much federal debt out there, the hedge funds are saving our asses right now.

Regulations

Furthermore it’s suggested post 2008 financial crisis regulations are the culprit.

Too Much US Government Debt

Finally the biggest culprit could be there’s too much US Government debt and it’s draining the banks’ reserve accounts. Imagine that!

Your Broke Ass Uncle Sam

In conclusion can we at long last dispense with the old government-debt-doesn’t-effect-private-credit argument?

Asking A Question

I don’t like to take positions so I’ll ask this as a question.

Drunken Sailors

Isn’t it a travesty that so called conservatives have jumped on the all night drunken binge boat with usually spendthrift democrats?

Thanks Republicans!

As a result we wonder, weren’t Republicans and Tea Party Trumpers for spending less and limiting the power of government?

Nero Fiddled…

Could they be playing Nero while Rome starts burning?

Where’s That Graveyard

Are we whistling past the graveyard again? Only time will tell.

Sponsored by Reliafund Payment Processors and Ryan Plumbing and Heating of Saint Paul

US-Debt-Kills-Repo-Markets?-Bob Davis Podcast 885

 

 

 

Who’s Running This Country Anyway?-Bob Davis Podcast 762

In Who’s Running This Country Anyway?-Bob Davis Podcast 762, I wonder if republicans and democrats really stand for different ideas about the future.

The Deep State

It’s especially relevant that our government is so complex we have to worry about who is ‘running the country’.

Who Runs The Country?

Fact is, our elected representatives just operate the government. We run the country. Almost four hundred million Americans. Working. Raising families. Starting businesses. Going about our lives.

Failed Leadership From Both Parties

Most noteworthy? The people we send to Washington DC don’t seem to be able to actually run our government.

Same Coin Different Day

Because republicans and democrats prove every day they represent two different sides of the same coin. Find out why I say that, in Who’s Running This Country Anyway?-Bob Davis Podcast 762.

Borrow, Spend and Tax

As a result, one party borrows trillions for ‘public works’ and ‘programs’. The other borrows trillions for ‘tax cuts’ and spending on defense.

Your Uncle Sam Is A Deadbeat

Above all every year the government gets bigger and further in debt.

Distract High School Distract Rape Distract Drinking

Meanwhile the millionaires in Washington have us fighting about what happened to two high school kids 36 years ago.

Real Power? Who Cares

Due to this no one can be bothered to talk about the nominee’s views on executive power, enhanced interrogation or surveillance.

Dangerous Situation

The immense power of government is dangerous to all of us. Doesn’t matter whether you fly the red or blue flag. No one is advocating exclusively for liberty and freedom from these enormous government agencies. Certainly not republicans or democrats.

Limiting The Power Of The State and Liberty

In conclusion the whole history of liberal democracy has been to limit and control state power. We seem to have forgotten that growth in government power causes its inefficiency and creates the conditions that breed tyranny. Learn more in Who’s Running This Country Anyway?-Bob Davis Podcast 762.

Sponsored by Reliafund and Ryan Plumbing and Heating Of Saint Paul

Who’s Running This Country Anyway?-Bob Davis Podcast 762