Trump’s Comey Con 2017-Podcast 629

President Trump fires FBI director Comey. The advocacy media goes crazy. Everything Trump does is wrong. Whatever Trump does is right. Everyone wants to hear what they want to hear. Republicans are good/bad. Democrats are bad/good. My team is better than your team. This is not an informed populace. This is the Roman Chariot races. In Trump’s Comey Con 2017-Podcast 629.

Media At Its Best

A blizzard of reaction, meetings in the bushes, comments at press conferences, tweets and opinions about what happened makes it impossible to advance the story. The President can fire the FBI director if he wants. No it isn’t unprecedented. Yes it is unusual. Bill Clinton was the last president to do it. Yes a President should have the people he wants in his administration.

That’s My Story and I’m sticking To It. Or not.

Believe what you want. Trump wanted to fire Comey from the get go. Or, Trump decided quickly he’d had it with Comey’s showboating and decided to fire him. Or, Trump fired Comey because the FBI director wanted more money for continuing the FBI probe of the allegations Russia tampered with the 2016 election. Pick and choose your truth.

Good Luck

If your two sources of information are the local talk radio station and a cable show in the evening you won’t know much. If you read all the columns and commentary from pundits trying to persuade people the red team is right, or the blue team is right you’ll be more confused. The commentary masquerading as news goes many layers deep. Actual reporting is scarce. Facts are dear.

What Do You Actually Know

Partisan reaction obscures a very important question. What is the truth regarding allegations of attempts by the Russians to influence the US Election? Is it true Trump campaign officials colluded with the Russians in an alleged effort to influence the US Election? Did the Russians work on behalf of the Trump campaign? Was then candidate Donald Trump aware? Did Trump collude with the Russians?

Firing the FBI director has done nothing but open a festering wound. Do you know whether there was collusion between the Russians and the Trump campaign? Your congressmen and senators do not know either. We will eventually have to have a special prosecutor to settle the question. As this process works itself out, you and I will know even less.

Who’s Minding The Store?

Meanwhile not much is getting done, despite the first 100 days ballyhoo. The so called ‘ObamaCare repeal’ bill languishes in the Senate. Courts have tied up the most significant of the Trump executive orders, while others merely direct studies to take place or involve the normal process of running the executive branch. Congress passed and the president signed a budget that looks like a holdover from the Obama administration. This is draining the swamp? This is a new day?

Advice From Talk Show Hosts

Right wing talk show hosts are suddenly talking about how Trump can’t be Trump, or why we need a constitutional convention that mysteriously would only include ‘conservatives’. And yet, Trump appears to be doing quite well at being himself in spite of all the advice from those knowledgeable talk show hosts. Just look at his tweets.

Well. At least we’re not talking about a crisis in the middle east or North Korea.

Sponsored by X Government Cars

Trump’s Comey Con 2017-Podcast 629

 

 

 

Has United States Been Socialist For A Long Time? Podcast 625

We hear a lot of words used to describe various political factions in the US. Most will say the US economic system is capitalist but is this just an illusion? Are we socialist? Have we been socialist for a long time? It seems to me, we have. In Has United States Been Socialist For A Long Time? Podcast 625.

Socialism Is Everywhere

Just because a country’s economic system is socialist, does not mean it’s a tyranny. Denmark and Canada aren’t dictatorships. Singapore is a Socialist Market Economy. Places where ‘the people’ own or control the means of production. Most socialist countries these days enjoy democratic political systems.

Government and Non Profits Dominate State Economies

Americans think of themselves as capitalists. The thing is, the top three employers in my state are public institutions. Americans depend on social security, medicare, or medicaid ‘entitlements’. Home buyers get tax subsidies. We enjoy many tax deferred investment options. Farmers get subsidies. Public workers get pensions. All kinds of grants for education exist. Then there are the business subsidies and government contracts. Some popular business personalities receive billions in subsidies from the government. We’ll talk about it in Has United States Been Socialist For A Long Time? Podcast 625.

Both Parties Support Socialism

Democrats complain about light rail projects running through their backyards, but support government programs because ‘It’s the right thing to do’. Republicans complain about big government unless it’s the military, support for their businesses, home mortgage tax credit, social security and 401K programs.

The Right Thing To Do

It’s true that many of these programs date back to the depression in the 1930’s. Also true that creation of these programs came with the best intentions. Whether we like it or not, government is deeply involved in our lives. Of course, what the government giveth, the government takeaway. We’ll talk about it in Has United States Been Socialist For A Long Time? Podcast 625.

Classic Liberalism Is Forgotten

Republicans and Democrats argue the same side of the coin. Both are collectivists. Neither adhere to Classic Liberalism, a philosophy of limited government with the sole purpose of securing a maximum amount of individual liberty, property rights and free markets. While no political scientist would argue the US is Socialist maybe we should consider the possibility we are and have been for some time.

Sponsored by Ryan Plumbing and Heating of Saint Paul and X Government Cars

Has United States Been Socialist For A Long Time? Podcast 625

 

 

 

 

 

 

Podcast 613-Rising Tide? Trump’s Minimal Economic Impact

We’re Growing Again Right?

Trump ballyhoos new numbers. Seems like the new president is turning our economy around. A rising tide? What does an improving economy look like? Are there actions that cause real economic growth? Do you think new leaders are taking those actions?

Republicans Know How To Fix The Economy Right?

Deregulation. Tax cuts and reform. Infrastructure construction. Campaign Pledges were made. Pledges spurred optimism. Furthermore promises can be kept because republicans are in charge and republicans understand business. So the story goes.

Trump Has Already Started Making Things Better Right?

Trump claims credit for the new numbers. Can a new president have an economic impact after less than 90 days?

What’s Better?

How do you define economic success for the United States? Better job? More money? Saving a job? Getting a loan for business or housing? Seeing your 401K account fatten because of stock performance? Cheaper gas? GDP? Productivity? Improved employment? Interest Rates? Jobs coming back to America? Consequently how do you know when it’s working?

What Has Been Done?

Because of the new numbers coverage exploded. However, what have Trump and the new Congress actually done? Executive orders on regulation. Business and the environment. Pipelines. Budget cuts. Trade and the budget. In conclusion, is there an impact on the economy overall?

How Do You Know?

Who are the people that put these reports together and what methodology do they use? How do economists and traders judge these numbers? Seems like people accept them at face value. Should you place confidence in these reports?

What Actually Works?

Are there specific actions that can be taken to grow our economy? If business and economic philosophy is important, what do our leaders believe? Do you think there is a standard approach to economics and government in Washington? More importantly, we know ideas counter to the current approach exist. Will the new congress and president embrace them?

Back To The ’50’s

Let’s face it. We have a sclerotic, 1950’s style government. People are developing and using new technological tools developed for the 21st Century. Moving fast toward building a new world. Block Chain Currencies. Improved Communication tools. Robotic manufacturing. Higher productivity. Government might be out of step with those developments.

Sponsored by Ryan Plumbing and Heating of Saint Paul.