Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699

Amazing what a two day rollercoaster ride in the stock market does? Perspective tends to focus our thinking. In Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699.

Market Drops Provide Perspective

Recent ups and downs in the markets are a great thought starter. Sudden changes whether predictable or not, can provide some needed perspective.

Trump Stops Saying He Made Markets Sing

Most recently the market dropped 666 points during President Trump’s speech. On the next business day the Dow dropped more than a thousand points. Trump stopped saying he made the markets sing because of the drop.

Most noteworthy our national conversation shifted from what we did during the Super Bowl to the markets in one day. In the grand scheme of things one thousand points is not the end of the world. Maybe. We’ll talk about it in Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699.

Grandpa And Crazy Uncle Joe Love Fox News

Suddenly the idea of Washington DC driving media coverage seems stale. Google Trends shows interest in political news barely makes it into the top twenty. The market drop is one of the top searched topics. Especially relevant are the demos for so called news channels. As they keep talking politics their viewership keeps getting older.

Younger adults aren’t spending their time with Sean Hannity. What’s more the topics they search for don’t include the Nunes Memo or the Russians. Find out why and what in Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699.

The Narrative Is A Bill of Goods

A republican president wants to help business, goes the narrative. The economy will grow. The stock market proves it. Right? All the top CEO’s and business leaders are ready to invest. Just look at the market.

Wait! What?Ru

Trouble Ahead?

In conclusion, there’s an old saying that markets sometimes indicate trouble ahead. Consider the fact that a marketplace represents thousands of people and billions of decisions about what to buy and sell. Maybe the market knows something we don’t.

If true, the old saw that the market predicts the future might be onto something. If it is it’s a lot bigger than the Russian Dossier and FBI corruption.

Sponsored by Reliafund and Brush Studio in The West End Saint Louis Park Mn

Stock Market Drop Forecast Crisis-Die By Market-Perspective-Podcast 699

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Doug Jones Beats Roy Moore-Trump-AlabamGOP Chaos-Podcast 685

Doug Jones Beats Roy Moore-Trump-Alabama-GOP Chaos-Podcast 685

Is the South suddenly turning blue? Democrats have handed the GOP a shocking defeat in the Alabama US Senate Race. Coverage in Doug Jones Beats Roy Moore-Trump-Alabama-GOP Chaos-Podcast 685.

A Stinging Defeat

What are the takeaways from this race? What about winners and losers? Where do the President and Republicans in the Senate go from here? Where does the President’s former chief strategist Steve Bannon go from here?

Comedy of Errors

This was a race that captured the whole country’s attention. First there was the botched appointment of Luther Strange to the Senate Seat held by Jeff Sessions by an embattled Governor. A controversial primary election followed. Especially relevant were salacious allegations of misconduct leveled against republican candidate Judge Roy Moore. We’ll talk about it in Doug Jones Beats Roy Moore-Trump-Alabama-GOP Chaos-Podcast 685.

Welcome To The Blue South?

This is the second state to elect a democrat in a state wide race this fall. With Virginia electing a democrat governor in November and now a Senator in Alabama in December republicans are suddenly concerned about a lot more than their majority in the US Senate. What about the 2018 races coming up?

The Tax Bill Suddenly Got More Expensive

Republicans have a thin majority in the Senate. With the democrats adding a seat and a few republicans soft on the President’s agenda, suddenly passing legislation like the Tax ‘Reform’ Bill, Confirmations and Treaty Votes will be a little more uphill. In 2018 you can be sure past histories of congressmen and senators and their relationships with women will be on the ballot. But there’s more.

Get That Old Religion

In Doug Jones Beats Roy Moore-Trump-Alabama-GOP Chaos-Podcast 685 we’ll talk about the failure of something called ‘Republican Populism‘ in Alabama. Truth is, many people have overlooked Roy Moore’s decidedly far right and ‘populist’ political ideas because of the allegations against him. While those allegations certainly had an effect, his politics couldn’t have helped.

Time For A Plan

Finally, do republicans have a plan for the future beyond, “We can’t let democrats win”. Is there a plan beyond barnstorming politicians who say whatever enters their mind and blame of the media? We’ll talk about it in Doug Jones Beats Roy Moore-Trump-Alabama-GOP Chaos-Podcast 685.

Trump Has To Take The Blame

The president, his former chief strategist and the republican party have suffered a stinging defeat. The idea was, go out and campaign for our guy because he is our guy and we can’t afford another ‘liberal’ democrat in the senate. Well, that is exactly what happened. President Trump has no one else to blame for this defeat, but himself.

(Editor’s Note: A late night meant I was a little fuzzy with my Senate numbers. With the GOP losing this seat they lose a vote in the Senate. Democrats gain one. So it’s GOP 51, DEM 49. Add two independents who caucus with democrats…and it’s 51 51. With a soft majority for the republicans – they don’t necessarily vote as a block – the future could be uphill for the President and Republicans.)

Sponsored by Ryan Plumbing and Heating of Saint Paul

Doug Jones Beats Roy Moore-Trump-Alabama-GOP Chaos-Podcast 685

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When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676

They call it Tax Reform. A Jobs Bill. That’s what it must be, right? Journalists and commentators are playing the same old game. Argue a proposed piece of legislation on its merits. Time to reset the boundaries in When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676.

Freedom Of Choice

While listeners to The Bob Davis Podcasts always have the freedom to choose what they think is right, I want to introduce the concept of marginal improvement. Legislators on both sides of the political spectrum talk big about ‘reform’. Usually though they make what really are marginal changes. This is especially relevant when we’re talking about the tax code.

The Real Football Game Is Congress

Team Red moves the ball back to the Blue thirty yard line. It’s hailed as a great victory. Team Blue moves the ball back to the Red twenty yard line a few years later. These are what both sides call marginal improvements. Meanwhile, as economist Milton Friedman famously suggested, they keep getting elected by making the tax code more complicated.

Budget Neutrality Isn’t A Thing

Enter a legislative concept called Budget Neutrality. The idea every expenditure must be ‘paid for’ with tax increases, or budget cuts. You think Tax Reform means lower taxes. What they’re really doing is taking away tax deductions and loop holes, and increasing our overall tax. The sad part is, it’s not their money, it’s our money. In When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676.

What Is Real Reform?

If you want real reform. The end to this kind of corruption? Then the power of the federal government to tax our incomes and our property must be permanently eliminated. Should corporations be taxed at all? Do you have property rights if you pay property taxes? How does government pay for the wonderful things both sides wants it to provide? We talk about it in When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676.

Already Socialists

So called conservatives like to argue the merits of capitalism versus socialism. It seems like I’d be on pretty safe ground if I suggested the United States has been collectivist for decades. Our economic system is not so much capitalist as it is a controlled market economy. Our elected Kings and their privy courts control our behavior and our futures with regulation and a tax code so complex, were it to be proposed as a single law in its present form, it would cause a revolution.

(Editor’s Note: While the first actual income tax in the United States was levied during the Civil War, it was later repealed as ‘unconstitutional’. Several attempts were made to establish an income tax through the late 1800’s which were unsuccessful, until the 16th amendment, ratified in 1913.)

Sponsored by Ryan Plumbing and Heating of Saint Paul and Reliafund

When Tax Reform Isn’t-What Congress Giveth It Taketh Away-Podcast 676

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