Trump-Republicans-Spending-Debt-Bob Davis Podcast 850

Another Trillion Dollars

This week the president’s budget deal adds a trillion dollars to the National Debt. These days it’s depressing when so called conservatives say, “Deficits Don’t Matter“. Learn more in Trump-Republicans-Spending-Debt-Bob Davis Podcast 850.

Trump Republicans Spending and More Debt

Above all, Trump’s spending is on pace with Obama first term red ink.

I’ll Pay Off The Deficit In Eight Years

Moreover campaigning in 2016, Trump said he’d pay off the deficit in just eight years. In those days the deficit was 20 trillion. It’s now almost 23 trillion.

Current Federal Debt Is Unsustainable? Bring It on!

As the president began his second year in office, the General Accounting Office released a report on the national debt. The current Federal Fiscal Situation is unsustainable, it said. More in Trump-Republicans-Spending-Debt-Bob Davis Podcast 850.

Republicans Addition To Debt Peaks In 2030

In fact, the GAO report showed US debt beginning to rise and peak in 2030, long after Trump has left the White House.

American Cities Are Broke Again

Over 70 US cities are in deep financial trouble. New York City is broke. Los Angeles isn’t far behind. Chicago is in a tailspin. I’ll explain it in Trump-Republicans-Spending-Debt-Bob Davis Podcast 850.

The Amount of Spending And Debt Is Shocking

When it comes to cities, counties and states investigators have to use forensic accounting to find out what’s going on. Even in small towns and counties across the country those investigations are uncovering a shocking amount of spending and debt.

Bonding On Bonding

Even more, states use bonding bills to get around balancing budgets. Therefore creating more debt through bonding.

Corporate Debt Binge

US corporations are on a debt binge too. Corporate debt is skyrocketing. It’s now 45 percent of our GDP. Much higher than during the 2008 crisis and dotcom bubble.

Americans Saved The Economy In The 2nd Quarter With More Debt

In addition Americans are more indebted than they were before 2008. US Household debt is 13.3 trillion in the second quarter. Much of it auto loans. Certainly Americans don’t save enough.

Conservatives Say Don’t Worry

Republicans say debt doesn’t matter and democrats have a new monetary theory. There’s nothing to worry about. Right? The US can “print” as much money as it needs as long as it prints US dollars.

Politicians Handing Out Goodies

Goodies like free college, single payer health, a green new deal, a higher minimum wage and guaranteed full employment are just around the corner. Just simply print money.

[Editor’s Note: In this podcast I used a quote from President Trump saying that he said, “No politician has ever been thrown out of office for not spending money. In fact he is reported to have told Senator McConnell, “No politician has ever lost his job for SPENDING money.”)

Forget Rome, England, Spain, Germany, Venezuela and Zimbabwe.

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

Trump-Republicans-Spending-Debt-Bob Davis Podcast 850

 

 

Storm-Chasing-Traffic-Jam-Bob Davis Podcast 835

Summer Storms In The Midwest

Warmer weather in the Upper Midwest is most notable for severe weather. In addition all through the middle part of the US in the summer storms can be even more dangerous. Learn more in Storm-Chasing-Traffic-Jam-Bob Davis Podcast 835.

Storm Chaser

Meteorologist and Professional Storm Chaser Brian Saastamoinen joins the podcast from Midwest Intercept Now. For their Facebook page click here.

2019 Will Be More Active

Especially relevant is we all love a good storm. This year looks to be more active than past year’s in our neck of the woods. Brian will be chasing in southern Iowa and northern Missouri this weekend. For most people interested in this sort of thing, it all started with a childhood experience with a summer storm.

What Causes The Big Storms?

What are these big storms due to? How do they get started? What contributions are storm chasers making to safety and learning more about these dangerous weather systems?

Storm Chasing Traffic Jams In Oklahoma

Moreover with storm chasing becoming so popular, how do the professionals deal with literal traffic jams on roads during particularly dangerous tornadoes?

Your Money Shot May Kill You

Certainly with the advancement of technology everyone wants to get a money shot of a tornado. People don’t even realize they are risking their lives to take video on their phones. Saastamoinen chases with a full team of first responders and meteorologists. Even more, they always have escape routes and emphasize safety first.

Back Roads Are Packed

In addition in some places homes don’t have basements, so when local TV advises people to ‘take shelter’ they jump in their car to go to someone else’s house. As amazing as that sounds, it also puts lots of cars on back roads, trying to get away from the storm. At the same time chasers, professional and amateur are out there.

Safety First

Finally, it may seem unnecessary but I also asked Brian to review safety procedures. Take a look at this video striking Saint Louis airport and you’ll see why.

(Editor’s Note: Special thanks to my friend Jason Waldron at Cartridge World for his assistance on this podcast.)

Sponsored by Ryan Plumbing and Heating of Saint Paul and John D Scott Personal Injury Attorney at Hoffman Hamer and Associates

Storm-Chasing-Traffic-Jam-Bob Davis Podcast 835

 

Bonnie-Clyde-1930s-America-Bob Davis Podcast 830

Nothing Sweeter Than The 1930’s

If you study history you know we all have our favorite periods. These days I turn more and more to 1930’s America. Specifically the story of Bonnie and Clyde. Learn more in Bonnie-Clyde-1930s-America-Bob Davis Podcast 830.

Highwaymen

There’s a new movie on Netflix called ‘Highwaymen‘. The movie details the search for Bonnie and Clyde and their inevitable end and stars Kevin Costner and Woody Harrelson. I like this movie because it does a better job telling more of the real story, than other efforts.

The Ford V8

Especially relevant to the story is the automobile and the then new national highway system. For Clyde Barrow there was no equal to the then brand new Ford V-8. This was Barrow’s number one choice to steal. Bonnie Parker died with a map of the old national highway system on her lap.

National Highway System

Most noteworthy Barrow was famous for covering as much as a thousand miles in one day in one of his stolen Ford V-8’s. The duo sped across New Mexico, Texas, Oklahoma, Arkansas, Florida, Louisiana, Indiana, Illinois, Michigan, Iowa, Missouri, Minnesota and Kansas on those brand new blacktopped two lane interstate highways, and many a dirt road or field during their crime sprees.

Depression and Crime

The height of the depression in the early 1930’s comes down to us in faded black and white photos, and speed graphic newspaper photos taken in tourist camps, abandoned farms and failed banks. Yet the people then, experienced it in color. Find out why this era fascinates me in Bonnie-Clyde-1930s-America-Bob Davis Podcast 830.

Criminal Minds

Finally there is this question of criminal behavior. Bonnie and Clyde have a special place in 1930’s history. To a certain degree their story line is a lie. Foolish young people pushed into a life of crime by life circumstances? Or criminals that terrorized local communities across the rural Midwest?

Mystery and Legend

In conclusion Highwaymen, three books I read before for a podcast I did about the mystery and legend of Texas Ranger Frank Hamer. Those links are here. I did these podcasts because so many inaccuracies and lies have become part of Bonnie and Clyde lore.

Sponsored by Ryan Plumbing and Heating Of Saint Paul

Bonnie-Clyde-1930s-America-Bob Davis Podcast 830