America’s-Road-To-Oblivion-Bob Davis Podcast 888

Is Populism The Road To Oblivion?

First of all, I’ll say it if no one else will. I think our politics is too focused on ‘the little guy’. Is populism the road to oblivion for us? Learn more in  America’s-Road-To-Oblivion-Bob Davis Podcast 888.

What’s Populism?

What is Populism? Where did it come from? I’ll tell you in this podcast.

Give The People What They Want, Right?

Certainly populism as a tactic does not have a cohesive ideology. I will point out it’s not about addressing specific issues. It’s about giving the people what they want.

Business As Usual Especially When They Say They It Won’t Be

Moreover I think politicians playing to the cheap seats risk making very bad decisions. Finally, it’s not just politicians.

Voting Against Yourself

It’s especially relevant to remember voters often make choices against their own best interests.

Democrats AND Republicans

Furthermore populism doesn’t call one of the two parties ‘home’. Populism is present in both party’s ‘business as usual’ politicians.

That’s Right…Populism

Consequently when democrats promise free basic incomes, free education and free health insurance. Or when republicans promise trade policies to protect coal miners, steel workers and farmers. It’s all the same. Populism.

A More Powerful Government

Meanwhile it sure seems like this trend leads to a more dangerously powerful and expensive government. Learn more in America’s-Road-To-Oblivion-Bob Davis Podcast 888.

Banana Republic Or Rome?

Due to masses lining up with their hands out, blaming capitalism or the deep state for all their problems we’re on the road to oblivion. We might end up banana republic, joining the other dead societies in history. Hence, Oblivion.

Don’t Hold Your Breath

Therefore I offer a small quiet voice of protest. Will it get fixed? Not anytime soon I am afraid.

Sorry but…

This just has to run its course.

(Editor’s Note: I refer to William Jennings Bryan as Wilson’s ‘former’ Secretary of State when discussing the election of 1896. Obviously Jennings became Secretary of State much later.)

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

America’s-Road-To-Oblivion-Bob Davis Podcast 888

 

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