Podcast 378

Mercury Retrograde. Astrologists say when Mercury goes ‘retrograde’ it wreaks havoc with mechanical and electronic equipment, makes communications difficult and puts teeth in Murphy’s Law. In this case ‘retrograde’ means to go backwards. Now, Mercury does not go backwards; its orbit around our sun does not change one iota, but it supposedly ‘appears’ to be moving backward in the sky. What does a mercury retrograde do to a fifteen year old ambulance, repurposed as a mobile podcast studio, traveling across the country? Listen to this podcast and find out. From Illinois to Indiana, visiting an old friend, with ambitious plans to install Ham and CB radio communications, and WIFI Antenna. Attempting to this, we encountered nothing but problems. Oddly enough, Mercury Retrogrades are supposed to be good for making plans and catching up with old friends, finding good deals, and resting up. While most women seem to have a hundred ‘best friends’, men pretty much have two, or one. It’s great to hang out with someone who has known you since you were a kid; someone you haven’t talked to in decades, but you pick up right where you left off. Lest some readers decry all this reliance on astrology, there doesn’t seem to be much difference between the hokum of the stars and the hokum of today’s economists, who despite accolades, fur hats, and purple capes, can’t seem to figure out whether the US economy is growing, not growing, or contracting. Even worse, every ‘news’ story you read on the subject seems to repeat one fairy tale or outright lie, over and over again. Don’t worry though, no one’s looking at economic stories, they’re too busy counting the Republican candidates for President and getting lost in the details of a presidential campaign that has come too early, and too loudly for any civilized people. While the news media covers this political circus, the real political circus is about to pass a trade law — supported by the “Chambers of Italian Fascism” — Americans are forced to turn to Julian Assange and Wikileaks for the details, which suggest a far reaching agreement bigger than NAFTA with provisions that have little to do with free trade. How is your congressman voting? While the FBI circles over our cities in unmarked civilian planes, listening to our cell phone conversations, and Republican congress is also about to pass a ‘patch’ that will save Obama Care if key provisions are struck down by the US Supreme Court. Hey wait! Didn’t republicans run on repealing the ACA? Surprise! Sponsored by X Government Cars.  

Podcast 376

Republicans Sound Like Democrats. And democrats sound like republicans. Updates to start the first week of June, 2015. Self described Democratic Socialist Senator Bernie Sanders was in Minneapolis this weekend telling a group of aging hippies that America isn’t a democracy and is becoming an oligarchy. Is this true? Meanwhile, in Delaware, republican candidate Carly Fiorina told a group of republicans big business and big government are crushing Americans. Are these candidates really from different ends of the political spectrum? Do any of them know how to fix the ailing US Economy and by extension, foreign policy and domestic policy problems created by the Obama, and yes Bush administrations? US economic performance in the first quarter of 2015 has been revised down to a .7 percent contraction, all blamed on winter, the weak dollar, the sun didn’t shine this weekend, and it rained, or the dog ate my homework, again. Meanwhile pollyanna’s tout labor department numbers as proof we’re on our way to ‘full employment’; So if we’re on our way to ‘full employment’ mister smartypants, how do we get a nearly one point contraction? For the record, the second quarter isn’t looking too rosy either, with the contraction in profits and manufacturing apparently continuing. Think it’s all those low-grade minimum wage part time jobs we’re ‘creating’? Oddly enough if you don’t read too much between the lines, crazy old Socialist Bernie Sanders, and some Republican candidates seem to be saying the same thing. The question is whether they know the policies currently in place — the kinds of policies Bernie Sanders wants to triple down on — have created inequality and poor economic growth? The republicans talk the talk but do they realize what a political ordeal it is to actually fix the economy and by extension, the country? Meanwhile, the Oligarch’s just keep on comin’. The LA Times published an expose this weekend on everyone’s favorite ‘Tony Stark’ (Elon Musk) who is actually a corporate welfare queen; The ‘electric car maker’, ‘rocket company’ owner and solar power ‘entrepreneur’ has taken nearly 5 billion dollars in subsidies from the Federal and various state governments. Yep, your smug hipster neighbor just bought a ‘Tesla’ because it’s great for the environment and got help from you, through your taxes while you hope the oil burning 96 Saturn you’re driving gets you to your part time job today. Finally, illegal immigrants get special help at Minneapolis and other Minnesota schools, while the children of citizens are pretty much on their own, despite the fact that two federal courts now have told the President his executive amnesty program is out of bounds. Yet it continues. This is a time for people to ask themselves what they expect the government to do, and whether the people running for office really understand what needs to be done, and if the answer is no, finding the path to the political revolution necessary to change it. Sponsored by X Government Cars

Podcast 370

Final Mad Men. On the night of the final episode of the AMC hit show Mad Men a review of the top stories for the week of May 18th. The economic news these days isn’t good, but you don’t hear too much talk about it because the magpies in the mainstream media are too busy grousing about funding for their precious personal train service in the North Eastern Corridor known as Amtrak, a service the rest of America does not ride very much but has to pay for anyway, or the 45 idiots running for President and what a few Iowans think of them. Meanwhile, the US economy just put in the worst numbers since 2008. Don’t worry, the sunny analysts say, it’s the result of the West Coast Port Strike resolution. Or, the weather. Or … something. There’s always an excuse. Meanwhile economists and analysts are telling us, no-growth is probably the new normal. Really? The future belongs to those who build it, and people who actually build things don’t pay any attention to those who measure, analyze and report what ‘will be’. Its time we had a conversation about what’s really wrong; pursuit of Keynesian economics — or whatever you call whatever it is the policy makers are doing — and its powerfully destructive effect on the world economy. Whether you’re talking about China, Europe, Latin America or Japan, things ain’t to rosy, even though they keep saying, “Don’t worry it’ll get better next month”. Manufacturing is way down. Why? Because of a slow down in the energy industry, after all the so called ‘experts’ said lower gas prices acted as a tax cut on the economy … since all they ever think about is stimulating the consumer. Meanwhile, consumers aren’t seeing any wage growth and are exhausted because the economy is not growing. Who’s fault is it? Who’s in charge? Too much spending, too much taxation and regulation, and not enough leaving people alone to solve their problems. It’s time we cut the government back to what is required to protect our rights, and nothing more. Cut spending, cut taxes and cut regulations, and watch the economy grow. And, people are already working in ways we couldn’t have imagined twenty years ago. There’s a new kind of worker, who employs services like AirBNB and work hubs to cut the strings completely, and wander the world, working when and where they choose. You might be surprised at how easy it is … right now. Finally, are a few hundred Iowa Republicans (Editor’s note: I mean political groupies) the reason people are already sick of a presidential campaign that hasn’t even started yet? Is it time to politely tell Iowa to stick a sock in it? Sponsored by Ryan Plumbing and Heating of Saint Paul