Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661

Back to the grindstone in Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661. As Texas struggles with the aftermath of one major storm, another is on the way. North Korea’s Hydrogen Bomb and a full congressional schedule means we’re suddenly we’re back in a news rich environment.

President Trump Is Santa Claus

Especially relevant is the question of whether the US Federal Government is actually Santa Claus. Make your list, check it twice. While Republicans talk about individual responsibility when it comes to disaster, concerns about debt and overspending go out the window. Another hurricane, another opportunity for presidents to wear the jacket and the hat and show up to help. It’s all about public relations. We’ll talk about it in Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661.

Hug Some Babies Phase Out DACA

President Trump made the obligatory trip to the hurricane zone over the weekend, then signed an order to phase out DACA at the beginning of the week. A campaign promise fulfilled, or kicking a problem to congress? Is it wrong to suggest a complete immigration reform package passed before phasing out the program with an executive order might be a better path?

It’s a Business, right?

We expect presidents to rule through fiat. “Run It Like A Business!” Problem is Santa Claus can’t do much with executive orders. Real reform requires congressional action. Getting that done requires real political acumen of the president. Businesses can’t print money to pay off their debt. In Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661.

Tax Reform Means Raising Taxes

Tax Reform now looms as the next legislative failure for a GOP majority. ‘Cutting Taxes’ might mean raising taxes in places people who voted Republican might not expect. Requiring ‘revenue neutral‘ proposals means ‘tax cuts’ rather than spending cuts. With debt over 100 percent of the GDP maybe Santa Claus should stay home. Not a chance. Find out why I say this in Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661.

Bombs Away

Then there’s North Korea. They’ve got a bomb and a missile. Trump has a saber to rattle. Maybe it will work. Then again maybe the Doom Merchants on You Tube are right about September 23rd, 2017.

Sponsored by Ryan Plumbing and Heating of Saint Paul

Harvey Irma North Korea-DACA-Back In A News Rich Environment-Podcast 661

Minnesota 2nd District Congressman Jason Lewis-Podcast 647

Minnesota 2nd District Congressman Jason Lewis joins Bob Davis during the Pan-O-Prog (Panorama Of Progress) parade in Lakeville Minnesota.

High Stakes

Coming back from the recess, republican majorities in the House and Senate have a lot on their plate. Stakes are high. The Senate has to take up the question of ObamaCare. The House prepares to move onto Tax Reform and a big bombshell when it comes to the budget. For the first time in a long time the house will tackle so called mandatory spending.

No Town Hall Meetings So Far

There’s pressure on Freshman Congressman Lewis because he’s been meeting with constituents and detectors one on one rather than hold so called Town Hall meetings. Lewis addresses this criticism during Minnesota 2nd District Congressman Jason Lewis-Podcast 647. Still, Lewis points to legislative progress in key areas of this podcast and says he still supports the president’s agenda, with qualifications.

Not A Debate

Subscribers sometimes wonder why I do not debate sitting legislators and executives when I interview them. Every now and then our conversations get heated, but I don’t feel it is the role of the podcaster or interviewer to ‘debate’. We ask the questions, you draw your own conclusions.

Fasten Your Seat Belts For This Parade

Minnesota 2nd District Congressman Jason Lewis-Podcast 647 is a slice of life, interviewing the congressman on a gorgeous summer evening in Mobile Podcast Command as we roll through the parade. We talk about his concerns and challenges as a first term congressman. Two talk radio guys can cover a lot of ground, so fasten your seat belts for this parade.

Devil’s In The Details

New Congressmen are inundated with detail when it comes to legislation pending, and bills they’ve voted on. Especially interesting and relevant to me is the higher level of detail in Congressman Lewis’ answers versus Jason Lewis the candidate.

2018 Depends On This Congress Acting

One point the congressman makes is very important. He feels strongly for republicans, of which he is one, that this congress has to act. Lewis is looking to actions candidates in the 2018 cycle can point to as essential to a successful ‘re-elect’. We’ll see. Thanks again to the congressman and the people of Lakeville, Minnesota

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Minnesota 2nd District Congressman Jason Lewis-Podcast 647

 

Market Goes Down Blame The Media-Podcast 631

Sudden scandal engulfs Washington. A one day market drop is blamed on media ‘persecution’ of the president. Is this possible? Can the media cause a drop in the markets? In Market Goes Down Blame The Media-Podcast 631.

Russia Was A Dead Issue. Then Trump fired Comey

Not too long ago we were talking about ACA repeal, Tax Reform and Foreign Policy. The only people talking about Russians and Trump were the former Democratic Presidential Candidate and the new chair of the Democratic National Committee. Then, Trump fired the FBI director. That put Russia and Putin back on the front burner.

Trump’s Twitter Feed and Political Mistakes

Now, we’re talking about the latest White House debacle. Not congressional progress on key economic issues. Seemingly, without warning, the market is down! It has to be the media’s fault! Right? We’ll talk about it in Market Goes Down Blame The Media-Podcast 631.

Why Invest?

Investors put their money in markets in the hopes of taking advantage of future growth. With the election of a business man as president, some investors were willing to bet on the future. Health Insurance and Tax Reform. A stronger US Foreign Policy. Less regulation. Progress on the kinds of economic legislation that seeds growth. Or at least that’s the story.

Things Aren’t Getting Better

Truth is, the US economy has been holding in place for nearly ten years. While the markets have been fueled by central banks buying securities and low interest rates, main street has been struggling. The business man president who was supposed to fix main street has done nothing but make speeches, sign executive orders and complain about the media coverage he’s getting. Meanwhile, 1st quarter US Growth was a mind-blowing .7 percent.

The US President Is Not A King

Fact is, the US Presidency is not a dictatorship. US presidents are answerable to congress, the courts and the law, not to mention state and local governments. The presidency itself is mainly a political office. To be effective and memorable, a president’s agenda has to be backed up with legislation. That means the president has to work with congress to get it done.

Rhetoric Doesn’t Work

President Trump has a lot of ideas. He talks about them all the time. Talk is cheap. There’s no action on Tax Reform, ACA Repeal, the Budget, Regulation Reform and trade. Why? Not because of the media. We have a president who likes to talk. He doesn’t like to lead congress to take action. In Market Goes Down Blame The Media-Podcast 631.

Republicans Don’t Want To Talk About Politics Anymore

In January most republicans were on top of all the latest developments in Washington and their new president. They were especially prickly about criticism of Trump. Suddenly they have other things to do. Don’t want to talk about politics. Given the obvious missteps by the president it’s easy to forgive the desire to blame the media for all that is wrong. This time though, the blame lies directly at the president’s door.

Money Talks…Bullshit Walks

Traders want action. Not talk. Investors don’t make decisions on today’s news stories or rhetoric from the president. They’re looking out into the future and investing in future growth. The top political leader in the United States is President Trump. He sits astride a republican White House, Senate and House. Yet, he hasn’t been able to get anything done. Maybe that’s why the markets are down.

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Market Goes Down Blame The Media-Podcast 631