FM-Tech-AI-Cryto-Gas-Governors-Week's Best Stories-Podcast 723

FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723

Every once and a while it’s good to roll through the news and pick a few stories to talk about. Used to do this a lot back in the radio days. These days not so much. We’ll talk about it in FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723.

The Brits May Say Goodbye To FM

Radio is a good place to start. Seems the Brits are getting rid of the FM Radio Band. Listening to digital services in the UK is now over fifty percent. Meanwhile in the US, the radio industry insists on telling the world radio listening has never been higher.  I don’t believe it.

Young Adults Abandon Radio

Especially relevant is an informal survey I did recently of younger adults. I asked them if they listened to the radio. Virtually none of them have. In years.

Princess Leia On Your Smart Phone

Radio talk makes me want to talk about tech. Remember the Princess Leia hologram in the first Star Wars? The first holographic smart phone is due to hit the market this year. The Red Hydrogen One will allow you to shoot 3D video and projects a holographic display which doesn’t require special glasses to see. Another idea from Star Wars that has become real. Details in FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723.

Big Tech Makes Us Mad

When they’re not complaining about gas prices, people love to complain about social media and big tech companies. With so many of the top market cap companies in the tech world, like Amazon and FaceBook for example, people are getting worried they might be too big. Regulation is the answer, right?

Not So Fast

Big Tech Disruptors

What disrupts social media and tech companies? Artificial Intelligence and Crypto Currencies to name two. Blockchain, Smart Contacts and Community to name three more. Moreover when you combine these new ideas with robotics and a faster and more robust internet, the next big thing might not be Amazon, FaceBook, Google or Apple.

Maybe It Will Disrupt Big Government Too

If so called ‘Big Tech’ can be disrupted by this ‘crust’ of new tech ideas that give the consumer control of their identity and money, what’s the possibility for the disruption and eventual dissolution of our sclerotic government? Think about it with me in FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723.

Minnesota Where Corruption-I Mean Business As Usual-is Legal

In conclusion it’s business as usual in the land of ten thousand lakes. The 2018 Governor’s race is heating up. Retiring 1st district congressman Tim Walz just got the nod from Education Minnesota. This is a big endorsement for Democratic candidates. On the Republican side the more things change…

Attack Of The Re-Treads

Gubernatorial re-tread and wealthy banking lobbyist Tim Pawlenty has decided to forgo the Minnesota GOP’s State Convention at Duluth in the beginning of June. He says he got into the race too late. Truth is, the twenty or so rich guys in Minnetonka don’t like the grassroots political community. Find out why in FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723.

Sponsored by Water Butler Water Purification and Reliafund Payment Processors

FM-Tech-AI-Cryto-Gas-Governors-Week’s Best Stories-Podcast 723

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

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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