Category: Taxes

Real School Choice - the Way out for Parents
13-05 The Way Out: Real School Choice | Parents Rights Part 3

13-05 The Way Out: Real School Choice | Parents Rights Part 3

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Show 13-05 Summary: Part 3 of our mini-series on parental rights. Week 1 was a general overview or parental rights and a look at what parents and kids are facing. Last week was a look at the legal side of things, especially if push comes to lawsuit. This week, it’s a look at the way out: real school choice. Where the dollars pegged to a child, follows them and parents can use those public funds to spend on whichever school best suits their child. Competition. It’s a wonderful thing!

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The I Spy Radio Show airs weekends, six different times, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on out network of stations.

Original Air Dates: February 4th & 5th, 2023 | Guest: Robert Enlow

This Week – Real School Choice

The answer to most problems with Big Government is simple: take money away from big government and apply free-market principles.

Don’t miss the other two parts our series on parents’ rights: Part 1 (overview of parents rights) and Part 2 (legal aspects and, if necessary, lawsuits)

And when it comes to bad education systems, this means real school choice. Where bad schools in bad education systems either improve to good schools. Or they lose the money when they lose a child whose parents take their child elsewhere.

In the past, this option was only available to the rich. Who were still paying school taxes and paying to put their child in a better school.

But right now, thanks to parents staying home due to covid lockdowns—who got to see just how bad things really were thanks to virtual classrooms—there is a movement sweeping the nation. And it’s real school choice.

Real School Choice Defined

Real school choice. What is it? It’s when parents can decide how and where to spend the dollars “pegged” to their child on a school of their choice.

Real school choice happens like this: Education systems get a pot of money every year. Think of that as the “education bank.” These monies are drawn from different sources. Broadly speaking, federal, state, and local taxes all pay into the bank. States, the bank’s administrators, determine how many students there are and determine a per-student amount. A percentage of that per-student spending is pegged to the student as the parents decide where to spend it. Usually, this takes the form of an education savings account, commonly referred to as an”ESA.”

How much of that percentage, where, and how the funds can be spent vary from state to state.

And, unlike what this Kansas State Board of Education member thinks, parents can not use the funds to buy latte machines. (Although it makes one wonder how many schools have used their funds to put latte machines in teachers’ lounges…)

For more information on what school choice is, see this definition from one of the nation’s leading school choice organizations, EdChoice.

Our Guest: Robert Enlow of EdChoice

Speaking of which, this week we welcome Robert Enlow, the President and CEO of EdChoice, to talk to us about this nationwide movement. As of this writing, five states (with three in just the last two weeks) have adopted real school choice. And at least 28 more — including Oregon! — have introduced legislation for some form of school choice.

This didn’t happen over night.

Be sure to visit EdChoice.org. They have research, polls, tools, trainings and more to make universal school choice happen in your state!

No surprise, Milton Friedman, who advised President Reagan to get America’s economy back on track (which mainly boiled down to getting government out of the way), came up with the idea. Now, some 50 years after he came up with the idea of a school voucher system, we’re seeing it take hold.

Real School Choice in Oregon

Oregon has been at the bottom of education for decades. Oregon even removed competency requirements for graduation under former governor Kate Brown. So, not surprisingly, even here in Oregon, parents are fed up. We wanted to talk to experts who have actually made this happen in other states, who’ve been part of successful campaigns to get school choice. So we turned to EdChoice to talk about how these states made it happen. How did they win? And we talked about the arguments for and against school choice so you’ll know what to face.

As Robert Enlow said — echoing the mission of I Spy Radio — if want to be a successful advocate, you need to be an informed one.

If you want real school choice in Oregon, or in your state, don’t miss this show!

Want more information and insight on school choice here in Oregon? Check out these past I Spy Radio shows.

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Research, Links Mentioned & Additional Info

  • Our guest’s organization is EdChoice. They are the nation’s leading organization for and advocate of school choice. They have research, tools, polls, even training if you want to help bring school choice to your state! Find them at EdChoice.org
  • Arizona leads on school choice. Should Utah follow suit? (Deseret News, Jan 16, 2023)
  • Achieving the potential of school choice (The Gazette, Colorado, Jan 17, 2023)
  • “Public education funding without boundaries: How to get K-12 dollars to follow open enrollment students” (Reason Foundation, Jan 24, 2023)
    • How to ensure state and local education funds flow seamlessly across district boundaries.
    • States are increasingly enacting open enrollment policies that give students options across school district boundaries. But this is only half the equation. Policymakers must also ensure that education dollars follow the child to the school of their choice, a concept referred to as funding portability.
    • Download the full policy brief: Public Education Funding Without Boundaries (PDF)
  • Iowa Gov Kim Reynolds signs historic school choice bill: ‘We will fund students not systems’ (Fox News, Jan 24, 2023)
  • ‘Fund Students, Not Systems’ with Universal School Choice” (Townhall.com, Jan 23, 2023).
  • Legislators in 28 states have introduced bills to fund students instead of systems this year. (Corey DeAngelis, Twitter, Feb 1, 2023)
  • 25 million eCommerce companies in the world – Myth or Fact? Dissecting the $4.9 Trillion industry with 2022 data. (Pipecandy.com, March 2022)

Oregon Centric

  • Kotek proposes spending $765M (Register Guard, Feb 1, 2023) Increases school budget
  • Portland School District announces hiring freeze due to dwindling enrollment (Pamplin Media Feb 1, 2023)
    • Portland  lost 3,000 students from 2020 to 2022. The district said its “dramatic, unprecedented enrollment decline” isn’t over. It expects to lose about 500 more students next year. But despite fewer students, “Superintendent Guerrero, along with leaders from other Oregon districts, are calling on state leaders to pour more money into public school funding. ”
  • See our previous shows on this topic, including the referendum movement for 2024 if the legislature ignores Oregon parents. These show pages have additional links and info.
  • Parents Rights in Education (Oregon and other state chapters)
The Biden Economy Rewarding America's Enemies
12-50 The Big Spend – Economics Don’t Matter in the Biden Economy

12-50 The Big Spend – Economics Don’t Matter in the Biden Economy

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Show Summary: This week, with Christmas and all the spending in the air, we thought we’d take one last look at the economy for the year. And the Biden economy looks like Christmas in another way: It’s the government playing Santa with your money. Or, as we like to call it, the Big Spend. We look at the Biden admin’s missteps on the economy. How bad are they? And will things get better before they get worse? And how soon is worse? Are there any positives out there and how much staying power do they have? Plus, a big focus on the massive debt, which is coming due for another massive expansion. But, it turns out, we’re in a lot more debt than advertised…

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The I Spy Radio Show airs weekends, six different times, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on out network of stations.

Original Air Dates: December 10th & 11th, 2022 | Guest: Jonathan Williams

This Week – The Biden Economy

We get criticized for being critical of the Biden administration’s economic policies. Well, we’re not the only ones. Major financial institutions are projecting a huge downturn next year. And not just here but all across the world—in part because things look so bad here.

This week, we welcome back Jonathan Williams to discuss the Biden economy. We review the missteps by the administration, which, unfortunately, started on day one. And haven’t been corrected yet. Like their attack on the energy industry and especially oil. In fact, they’ve done everything they can to try to avoid taking responsibility. How? By running to Saudi Arabia and even Venezuela. Anything to avoid re-opening and encouraging energy and oil production right here in America.

And why is it that in the Biden economy, we keep rewarding America’s enemies?

Check out Oregon’s Debt Clock (brought to you by the National Debt Clock). Did you know (as of this writing, Dec 10, 2022) that Oregon has $48.463 billion dollars of debt?

ALEC and ACCE

The American Legislative Exchange Council, or ALEC, works with state legislators and policy makers in the 50 test tubes of democracy. ALEC focuses on sound fiscal and economic policies to improve state revenues and the states’ economic performance and outlook.

But there is also ALEC for the local level: the American City County Exchange or ACCE (pronounced “Ace”). It’s not just state legislators who deal with budgets and fiscal policies. Counties and cities do too. And county commissioners, mayors and city councilors are all pressured by left-leaning organizations (well-funded ones, we might add) to spend, spend, spend. Especially, as it happens, on far-left ideologies and allies. Help your local officials fight back. Encourage them to join ACCE to get access to policies and more to make the right decisions.

In the Biden economy? They’re going to need all the help they can get.

The I Spy Radio Show Podcast Version

Trapped under a heavy object? Missed the show? Don’t worry—catch the podcast version. I Spy Radio is now available on your favorite platform, or you can grab it right here. See the full list of podcast options.

Research, Links Mentioned & Additional Info

  • Jonathan Williams is the Chief Economist and Executive Vice President of Policy at the American Legislative Exchange Council. Find out more by heading to ALEC.org.
    • Be sure to check out some of Jonathan’s articles, below
    • On Twitter? You can follow Jonathan @TaxEconomist
  • Check out ALEC’s Model Policies. These policies are designed to push back against woke Leftism, which are more about politics than economics. Two we especially like:
  • Encourage your local officials to join the American City County Exchange — ALEC for the local level!
  • “Colorado Offers Gold Standard for Fiscal Restraint: ALEC in National Review” (National Review, Nov 3, 2022)
    • TABOR [Taxpayer Bill of Rights] represents a fiscal-policy achievement Coloradans should be proud of and defend.
  • Jonathan Article #2 – The States Move Forward with the Flat Tax (National Review, July 22, 2022)
    • The flat-tax revolution will continue to gather speed as more states begin to realize the competitive benefits earned by a simpler and fairer tax code.
    • The prudent policy choice for states is to enhance competitiveness, then examine spending priorities and create policies to prepare for the proverbial rainy days, rather than relying on the federal government to save the day during revenue shortfalls.
  • Jonathan on American Radio Journal (Dec 3, 2022)
    • Congress is looking at another debt-ceiling bailout; this after a 2.5 trillion increase just a year ago
  • Oregon’s Debt Clock – $48.5 billion ($11K per person; Debt to GDP ratio is 17.6%

Mentioned During the Show

Additional Research & Related to the Biden Economy

 

12-43 Those “Down Ballot Races” Made Easy — With Superior Candidates

12-43 Those “Down Ballot Races” Made Easy — With Superior Candidates

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Show Summary: ALL races matter. No, not those races. All political races matter. This week we talk about two of the “down ballot” races: the commissioner for BOLI (I know—what the heck is that, right?) and Oregon’s new 6th congressional district. The Bureau of Labor and Industries (that’s what BOLI is), oversees Oregon’s trade school, civil rights issues, and housing. Find out why both of these races have superior candidates. Hint: They’re not the democrats.

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The I Spy Radio Show airs weekends, six different times, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on out network of stations.

Original Air Dates: October 22nd & 23rd, 2022 | Guests: Cheri Helt & Mike Erickson

This Week – Those Down Ballot Races

This year, you cannot vote just the top of the ticket — governor — and ignore all those down ballot races. They are every bit as important as the governor’s race. In part, because the Republican governor will need all the republicans she can get. 

But it’s more than just house and senate races. There are other “down ballot races” you need to pay attention to. And one of them is the BOLI commissioner. A little-known race that helps set the tone for the rest of the state’s business environment.

Sometimes, these races are hard to figure out. But this year, it’s especially easy: vote Republican. In every race. Down ballot or otherwise. And it’s made even more easy with clearly superior candidates in the two down-ballot races we’re talking about on this week’s show.

Cheri Helt for BOLI Commissioner

The Bureau of Labor and Industries has had a democrat stranglehold on it for decades. Perhaps that’s why we’re short tens of thousands of trade jobs in this state as Kitzhaber and Brown wanted to shove everyone into university and practically shamed kids if the even thought of a job in the skilled trades. 

You can find Cheri’s campaign website at www.CheriHelt.com

The Bureau of Labor and Industries (that’s what BOLI is), oversees Oregon’s trade schools (electricians, plumbers, carpenters, etc.), civil rights issues, fair housing practices and more. Oregon has a huge housing shortage and a shortage of workers Democrats have been in charge of BOLI for decades. And with their college-first, trades-bad mindset, it’s no surprise.

Cheri’s opponent, Christina Stephenson, is a lawyer who wants yet more authority for BOLI. Hmm. Oregon’s BOLI famously sued Melissa’s Sweet Cakes because Melissa didn’t want to bake a cake for a gay couple. Is that what Christina has in mind for more authority? We just went through Covid with no end of “more authority.” Do we really want a progressive lawyer in there who’d love nothing more than to sue even more businesses out of business because they don’t fit her politics?

That’s not what Oregon needs. More politics pushed on businesses. Oh. And Christina wants more funding for BOLI. Probably because hiring more attorneys gets expensive.

No thanks. We’ll take Cheri.

Mike Erickson for Oregon’s CD6

This week we welcome back actual businessman, Mike Erickson. Who, unlike his opponent, knows what supply chains are and how disrupting them can and does impact the economy. Which is more than we can say for Biden or anyone in his administration. Which seems to only want to blame oil companies.

Learn more about Mike Erickson by visiting his campaign website, www.MikeEricksonforCongress.org

The latest? Blaming Biden’s exploding gas prices on oil companies’ profits. What? Do they not know what profits are? Or how not spending on oil exploration or purchasing federal oil leases (which they wouldn’t be allowed to use under Biden) or any the other normal business expenses will make profits go up?

It’s embarrassing to think, but third-graders running a lemonade stand have more practical knowledge of basic economics principles and more hands-on understanding of supply and demand than Joe Biden. Or anyone in his administration, apparently.

And did the democrats’ gerrymandering catch up with them as they spread Portland’s potential influence too thin into four congressional districts, not just the two Portland actually deserved? Now, with so much of Portland angry at democrat Ted Wheeler and an astounding 82% (82!!) wanting MORE police, not less, democrats may have spread Portland’s influence all right.

Just not in the direction they intended. 

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Research, Links Mentioned & Additional Info

Our guests’ websites are www.CheriHelt.com and www.MikeEricksonforCongress.org

Cheri Helt Segments (1–3)

Mike Erickson Segments (4–6)

12-39 It’s the Elections, Stupid | The Front Lines of Freedom are in Oregon

12-39 It’s the Elections, Stupid | The Front Lines of Freedom are in Oregon

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Show Summary: This week, we’re focusing on the front lines of freedom. And right now, our freedoms come down to the elections. We speak with a businessman running for Congress to get government out of the way, and a scientist who attended the Washington County trial in which the State and county are attempting to hide public records from the public. And you won’t believe what the judge did to the expert witness.

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The I Spy Radio Show airs weekends, six different times, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on out network of stations.

Original Air Dates: September 24th & 25th, 2022 | Guest: Mike Erickson & Chuck Wiese 

This Week – It’s the Elections, Stupid

Bill Clinton famously had a sign on the Oval office wall, “It’s the economy, stupid.” It served as a daily reminder that the economy is what matters most to most people. Well, who is in charge of that economy comes down to elections.

In Oregon, the far-left policies keep us entrenched in high taxes, rising housing costs, and dubious curricula in public schools to cripple the next generation, and elections that don’t bring answers to the problems. It all feels hopeless. and many have left the state going to redder pastures to find the answers in states that make sense. Lower taxes, less big government, lower public debt, or maybe none at all if you’re in South Dakota. Meanwhile, Oregon’s lawmakers look to ruin our electric grid by pulling out dams, then force electric cars on its citizens whether we like it or not. Thus dies the free market.

Mike Erickson, Candidate for Oregon’s New CD 6

Speaking of that sign in the Oval office, we’ve gone from “It’s the economy, stupid,” to “It’s a stupid economy.” Here’s a hint to voters in Oregon’s new CD 6. If you want to fix the economy, don’t elect someone who has no business experience. Oregon, and the nation, needs elected officials who have practical business experience — not someone who has spent their entire life in government. (Hint number two: Biden has no practical business experience and look how that’s worked out.)

If you want to support Mike Erickson, find out what you can do at MikeEricksonforCongress.org. (Start by sharing that with your family and friends!)

Remember the strategy we mentioned months ago: If you live in a safe district (in Oregon, that’s CD 2) or in a hopeless district (CDs 1 and 3), put your time and money and energy to promote and support candidates in districts where they have a chance to flip a seat. That’s CDs 4 (Alek Skarlatos), 5 (Lorie DeRemer), and 6 — Mike Erickson.

Mike is running against Andrea Salinas, a far-left democrat who spent her entire adult life in and around government. On her website, she says she grew up in a hard-working family where nothing was handed to them but they made it through hard work. And, like Mike, she also had a cop for a father. So why is Mike fighting for police and she’s voting to defund the police? And how did she go from “working hard” and pulling oneself up through hard work to a career fighting for government handouts paid for by other people?

So Much for Open and Honest Elections

Here’s a funny thing.

In Oregon, the Secretary of State’s job is to audit other state agencies. But for some reason, she has declared that the elections division is off limits. Why is that? Instead, she has joined a lawsuit against a voter to declare a Washington County database should be shielded from public view and scrutiny.

Imagine trying that if the IRS wanted to audit your business. No, you can’t see the numbers. Trust us. Everything’s fine. You’d be saying that from jail. But the State is refusing to hand over a database, calling it proprietary information of a private company handling Washington County’s elections.

And why is a private company handling our elections to begin with?

We talk with Chuck Wiese — a scientist, analyst, and meteorologist, who has stepped up and joined the front lines of freedom — who was there at both days of the Sippel case trial. You won’t believe what the judge did to an actual, world renowned data scientist. Well, it’s Oregon. Maybe you will.

If the judge decides against the Sippel case, it will only continue to fuel the fire and doubts about the 2020 election. The only way to put out that fire is to open up the data to prove there wasn’t any manipulation. But hiding it and then expecting people to trust the government…?

Regardless of whether or not you think the 2020 election, when it comes to elections, any election, the Golden Rule should be “Open the books.” Hiding the results behind a wall of secrecy is, well, just stupid.

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Research, Links Mentioned & Additional Info

Mike Erickson Segments 1–3

Chuck Wiese Segments 4–6

 

It’s the Economy, Stupid – But What Kind of Economy?

It’s the Economy, Stupid – But What Kind of Economy?

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Show Summary: Economics is always a strange business. But like so much else of American life, the Left is corrupting the economy and using it for their own means. Especially by involving the government. And now, with the Ukraine situation, we’re seeing private businesses waging a private war against Russia — when we’re not even at war with them. Combined with what happened in Canada, is this a foreshadowing of what will happen to our economic freedoms and liberties?

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The I Spy Radio Show airs weekends, six different times, on seven different stations. Listen anywhere through the stations’ live streams! Check out when, where, and how to listen to the I Spy Radio Show. Podcast available Mondays after the show airs on out network of stations.

Original Air Dates: March 5th & 6th, 2022 | Guest: Jonathan Williams

This Week

To quote Bill Clinton, “it’s all about the economy, stupid.”

We take a look at the state of the union speech, the competency of those in charge and their agendas, the economy, and also the economic policies that politicians can win on this year. Even here in Oregon. Plus, with the war in Ukraine, we’re seeing an entire new kind of warfare being waged. Economic warfare on a scale we haven’t seen in ages and in ways we’ve never seen. Private companies waging a private war against a country we’re not actually at war with. Combined with what we saw in Canada, what does this mean for our economic freedoms and liberties?

READ: Jonathan’s terrific article about Utah and why they’ve stayed #1 in ALEC’s Rich States, Poor States for 14 years in a row. What are they doing that other states should be doing. And what could go wrong to knock Utah off its perch?
Get this article to your favorite candidate!

We talk with Chief Economist, Jonathan Williams, from ALEC (American Legislative Exchange Council) about what is going on. We talk about the SOTU speech, the competency of those in charge, and private companies blocking you when they don’t agree with your politics. And we’ll look at true economic policies to win on in 2022. Even right here in Oregon.

And don’t miss the discussion about what is happening, on economic terms, in the war between Russia and Ukraine. And what it means for our future economic liberties and freedom.

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Links Mentioned Research, & Additional Info

Jonathan Williams is the Chief Economist and Exec VP at American Legislative Exchange Council. Visit ALEC.org to find out more about what they do and how you can get their policies to your politicians.

economics. it's all theory until it implodes. rich states, poor states, and their economic outlook. Plus Oregon
Economics: Rich States, Poor States — Guess Where Oregon is

Economics: Rich States, Poor States — Guess Where Oregon is

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Show Summary: It’s true economics isn’t the most exciting topic in the world — that is, until everything starts blowing up. Then you’ll wish you’d paid attention.

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Five Different Times, on Seven Different Stations. Listen anywhere! All stations stream live!

Saturdays
10a – 11a: KFIR 720AM (entire Willamette Valley) | Direct Link to KFIR Live Stream
11a – noon: KLBM 1450AM (Union County) | Direct Link to KLBM Live Stream
11a – noon: KBKR 1490AM (Baker County) | Direct Link to SuperTalk Live Stream
7p – 8p: KWRO 630AM (Oregon Coast & Southeastern Oregon) | Direct Link to KWRO Live Stream

Sundays
8a – 9a: KWVR 1340AM (Wallowa County) | Direct Link: KWVR Live Stream
7p – 8p: KAJO 1270AM or 99.7FM (Grants Pass/Medford) | Direct Link: KAJO Live Stream

Mondays
After the show airs on our network of radio stations, you can listen to our podcast either here on our site or your favorite podcast platform. We are now on Apple podcasts, Spotify, Stitcher, TuneIn, and more. See the full podcast list.

Original Air Dates: May 15 & 16, 2021 | Jonathan Williams

This Week: Economics isn’t always exciting — unless things are blowing up. Or it’s a horse race.

We welcome back Jonathan Williams, Chief Economist and Executive Vice President of Policy of the American Legislative Exchange Council. ALEC has just released their 2021 Rich States, Poor States guide for 2021, an annual guide to the 50 states’ economic outlook. Talk about good, bad, and ugly. Look no further than how the states are competing with one another.

The Overall U.S. Economy & Economics

Before we narrow down to the states, we first look at the overall economy. This is a bit of a continuation of the last time Jonathan was on, when we talked about the democrats’ shift to what we call “non-reality economics.” The democrats’ plans are an explosion of taxes and spending sprees (what did we just say about exploding economics…?).

That discussion, was about the radical shift we’re seeing the democrats trying desperately to push on the U.S. Which, sadly, takes a hard left turn away from what has made America successful. It’s a fantasy land where debt has no meaning, money is infinite, and all we need to do is print money and borrow until every there’s a unicorn in every garage and a leprechaun in every pot.

But the problem democrats always run into is simple one. Reality. And there’s proof, thanks to the 50 test tubes of democracy that make up America.

Good Economies: How NOT to do it

Sometimes, to know what to do, it helps to know what not to do. And look no further than New York State, which had the worst response to covid and lost a congressional seat due to people fleeing the Empire State. And now new York will punish the people and businesses that for some reason haven’t left. Yet.

We talk with Jonathan about his terrific article in the National Review, “The Fallout from ‘Progressive’ Budgets in New York.” There has been a massive shift in who pays for things. Now, instead of New York being in debt to cover its debt, everyone else gets to go in debt to cover New York’s debts.

And that’s the direction we as a nation are headed. Where there is a fundamental shift in who pays for things: everyone is paying for everyone else. That’s socialism. Marxist ideology pushed onto America.

Socialism only survives as long as it is able to feed off the success of capitalism
– Mark Anderson

Rich States, Poor States

Why and how economies and economic policies work is sometimes beyond people’s wheelhouse. But everyone understands competition, right? Who’s best. Who’s worst. And who’s on the way up and who’s on the way down.

Oregon's economic performance 2009 - 2019. Courtesy of Rich States, Poor States
Courtesy Rich States, Poor States, 2021 Edition. (Click image for full size.)

That’s where Rich States, Poor States comes in. (You can download your own copy right here.) RSPS is a look back at the states’ economic performances over the last 10 years—of available data. This year, its’ a look at 2009–2019.

The backward-looking economic performance ranking examines how well states did. Oregon, from 2009–2019, really didn’t do too bad. This ranking looks at three variables: a state’s gross domestic product, their absolute domestic migration, and non-farm payroll.

Take a look at Oregon’s charts. And look at how well they’re correlated. As the state did better and better, culminating in 2015, people moved in (especially in 2016). Payrolls went up. And then, as Oregon’s GDP declined, there went the people. And payrolls dropped.

See? Economics isn’t too hard.

Oregon’s Economic Outlook

When it comes to Oregon’s economic outlook ranking, every year we’re like “please don’t embarrass us, please don’t embarrass us…” And then there we are. Near the bottom. Again. But it’s even worse this year.

You’ll have to tune in to hear just how bad. (Or, you could cheat and go right to Rich States Poor States to find out.) But here’s a hint. We beat even our idiot neighbor to the south in some categories. In fact, in the worst possible category. And we’re worse than New York State in some categories. You know, the one state we just mentioned. How not to run an economy.

Although at least the beat us to the bottom for the worst outlook. Hey. You gotta look for the positive right?

The I Spy Radio Show Podcast Version

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Links Mentioned

Did You Know…?

  • The Fed has been pumping (printing) money into the economy. But something new happened in 2020. Now, they are buying corporate bonds. This is a direct investment into select corporations. Here’s a hint. It’s not mom-and-pop shops. It’s gigantic companies that don’t need the money, but the Fed is rewarding them anyway.
  • The Fed says it is going to start buying individual corporate bonds (CNBC, June 15, 2020)
  • The Fed begins purchases of up to $250 billion in individual corporate bonds (Markets Insider, June 15, 2020)
  • Why the Fed’s new index approach to buying U.S. corporate debt ‘changes everything’ (MarketWatch, June 18, 2020)
  • Fed Makes Initial Purchases in Its First Corporate Debt Buying Program (New York Times, May 12, 2020)
  • Is the Federal Reserve Printing Money? (The Balance, May 11, 2021)
  • Why is the Fed buying up mortgages? At $40 billion per month. Is this why the housing market keeps exploding? “Understanding the Federal Reserve Balance Sheet” (Investopedia, Mar 19, 2021)

Related Links

  • The Fed Should Get Out of the Mortgage Market: Even central bankers are starting to wonder why they’re adding $40 billion of housing debt every month. (Bloomberg Opinion, May 11, 2021)
    • “Why exactly is the Fed still increasing its holdings of mortgage-backed securities by $40 billion a month when Chair Jerome Powell himself has said that “the housing sector has more than fully recovered from the downturn”?* “The Fed has gobbled up almost $2 trillion of MBS since March 2020, which is more than its total aggregate purchases in any of its previous quantitative easing episodes.”
    • At an average home mortgage price of $250,000, the fed backs the mortgage on some 8 million homes. Yikes!
  • In 2010, The Fed answers FAQs on Mortgage Backed Securities
  • What Is An Agency MBS And How Does The Federal Reserve’s Purchase Of MBS Affect Mortgage Rates? (Quicken Loans, Feb 19, 2021)
    • “A mortgage-backed security (MBS) is a pool of home loans, often packaged by Fannie Mae, Freddie Mac or Ginnie Mae, sold on the open bond market to investors. The investors who buy the securities then receive the payback on a monthly basis when homeowners make their principal and interest payments.”
  • Difference Between Agency and Non-Agency Mortgage-Backed Securities (The Balance, Jul 15  2020) – “Agency” simply means an dept of the federal govt, or MBS that become backed by the full faith and credit of the U.S.
The democrats shift to non-reality-based economics
The Democrats’ War on Economics: Tax Explosions and Spending Sprees

The Democrats’ War on Economics: Tax Explosions and Spending Sprees

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Show Summary: A radical shift is underway as democrats shove America away from reality-based economics towards an economy where normal monetary policy is abandoned, taxes are imposed on the “undesirables”, and public monies are used to reward themselves and their allies. Think it’s not possible? It’s already underway. Find out what’s coming.

Coverage Map of I Spy Radio Show broadcast areas, as of November, 2018
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Five Different Times, on Seven Different Stations. Listen anywhere! All stations stream live!

Saturdays
10a – 11a: KFIR 720AM (entire Willamette Valley) | Direct Link to KFIR Live Stream
11a – noon: KLBM 1450AM (Union County) | Direct Link to KLBM Live Stream
11a – noon: KBKR 1490AM (Baker County) | Direct Link to SuperTalk Live Stream
7p – 8p: KWRO 630AM (Oregon Coast & Southeastern Oregon) | Direct Link to KWRO Live Stream

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8a – 9a: KWVR 1340AM (Wallowa County) | Direct Link: KWVR Live Stream
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Mondays
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Original Air Dates: Apr 10th & 11th, 2021 | Carl Wilson & Jonathan Williams

This Week: When we were kids it was exciting to be handed a quarter thinking about how and where to spend it. And we learned that a quarter was wonderful, but a dollar was even better. Except maybe those lessons of having and handling money are being lost in the age of debit cards, or electronic purchases.  Because the tangible feel of money and its worth is somehow getting lost. A coin or a dollar in the hand reminds a child of its temporary nature, and once spent it’s gone—versus money “out there” in the cloud somewhere, where there’s always more of it.

Basic economics are under attack.

Non-Reality-Based Economics

As politicians supposedly grapple with debt, it is somehow made mystical in the world of zeros and ones with digital accounts. Not surprising when computer modeling and predictions take over reality. But is there a point of reckoning that will be no longer be possible to bury or ignore?  Basic economic principles would say yes.

This week, we work to uncover those economic principles that so many Left-leaning politicians wish us not to examine.  (Especially in an AOC world where if the computer doesn’t say it, then it’s not so.) It is becoming painfully obvious that those in charge of America’s economics, and raising and spending the public’s money have no grounding in basic economics or business.

Central Assessment

We start off with Carl Wilson, former Oregon state representative, and owner of KAJO, out of Grants Pass, that airs I Spy.  We discuss the new threat to local radio stations as Oregon decided to shift them into a new taxing scheme called “central assessment.”

To date, Oregon is the only state imposing this new taxing methodology on local radio stations. Instead of local counties determining their taxes, now a state central system will determine what their assessed value is.  This potentially opens the door to a punitive system that large communications operations might be able to absorb, while hurting the mom’s and pop’s segments.  Something far left democrats seem to do all too often while making policy decisions.

And don’t miss who is getting special carve-outs. Is this a backdoor way to collapse conservatives’ dominance in talk radio?

Economics 101? Or No Room for Reality?

economics doesn't matter any more. Everything is infrastructureThen we talk to Jonathan Williams, Chief Economist for American Legislative Exchange Council, or ALEC.  He brings us up to date on the spending that Biden’s administration is zeroed in on.  We discuss what is happening with the dollar and a possible move by China to do more harm to America’s economy.

We’re only a few months into the Biden administration. But there is already a worrisome economic forecast on the horizon possibly coming our way in the next few years. We are spending trillions upon trillions, with more than $6 trillion planned just in the first 4 months. Which doesn’t even cover the “normal” government spending of $4.5 trillion per year.

Where is this coming from?

It can only come from wishful, magic money. Where it never has to be paid back.

Economics + Monetary Policy = Coming Crash?

In economics, just like in life, you ignore reality at your peril. See the links section below for some concerning videos that are warning about a potential and massive crash. Which, they claim, is all but certain. One of the most concerning is from Harry Dent. Harry Dent warns that globally, financial assets (stocks, bonds, etc.) are massively over-valued: $520 trillion which is 6.2 times global GDP of ~84 trillion. He says it normally is only about 2 times.

With so many warnings from well-respected economists and analyses, maybe it’s time to protect yourself.

The I Spy Radio Show Podcast Version

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Links & Info

Carl Wilson (Segments 1–3)

  • Basic definition of central assessment: “The state assesses the property value of a business, rather than a local county assessing the value. The difference is the central assessment uses the company’s entire, statewide worth (even if they’re not a statewide company), including all property, equipment, brand value, and more. Even equipment decades old is lumped in—at original retail costs—rather than its current depreciated value.
  • Central assessment: A great writeup from Eric J. Kodesch: Oregon Supreme Court Finalizes DOR’s Complete Victory in Central Assessment Dispute (Journal of Multistate Taxation and Incentives, Volume 29, Number 3, June 2019)
    • This is the kicker: “the Oregon Supreme Court agreed with the Department’s position that property is new property if it is “newly added to an account on the assessment rolls.” In other words, in addition to property purchased or constructed by the taxpayer, new property includes the decision by the Department to centrally assess property.
    • Further, the new property consisted of all of the property moved to the new account, and not just the property not previously subject to tax, such as the intangible property.”
      • In other words, its new if we say it’s new
    • This is rather alarming. It’s taxable if the govt decides it’s taxable and no pesky law designed to protect from the government can protect you
  • Oregon Supreme Court Provides Definition of “Data Transmission Services” for Central Assessment Purposes (Stoel Rives, LLP, Oct 2, 2014)
    • “As in most states, “central assessment” (or “state assessment”) generally means that the value of taxable property is determined “centrally” by the state’s Department of Revenue rather than by the local county assessor.
    • In Oregon, however, a major additional consequence of central assessment is that intangible property of a centrally assessed business is subject to tax, while the intangible property of a locally assessed business is not.
    • Furthermore, central assessment is based on the value of the taxable “unit” of property, as allocated and apportioned to Oregon taxing jurisdictions by formula. For these reasons, central assessment can, at least in theory, use the entire worldwide brand value of a business, including goodwill, as its starting point, as well as all of its real and tangible personal property.”

The bill to exempt radio stations from this onerous tax scheme is HB2331

Jonathan Williams (Segments 4–6)

Additional Economics and Financial Links

  • Worrisome: Harry Dent: Stock Market 40% Crash in April, Nothing Can Save You (YouTube, Feb 8, 2021). “A 40% correction is coming for the stock market, this according to Harry Dent, New York Times best-selling author of Zero Hour. ‘The Fed is losing absolute control’.”
  • Monetary Policy in Action — Prices of Everything Is Going UP – Value of Everything Is Going DOWN (Peter Schiff on Tucker Carlson, Apr 5, 2021)
  • Retail Apocalypse: $100 Billion In Losses Trigger New Wave Of Bankruptcies & Mass Store Closures (Epic Economist, YouTube, Apr 7, 2021)
  • About that “hot” housing market. It may no be what it appears… Krystal Ball: The Next Housing CRISIS Is Here And The Villains Are Exactly Who You’d Expect (The Hill, Apr 6, 2021)
  • Peter Schiff: People Don’t Know What’s Coming (Mar 27th, 2021)
  • Peter Schiff: Fed is trapped. It will either Bankrupt the Government or the American People (Link)
  • Luxury Stores Default ($200M in Rent) Along Manhattan’s 5th Ave (John Williams, YouTube, Apr 7, 2021)
  • Foreclosures BANNED until 2022?! (John Williams, YouTube, Apr 7, 2021)
  • Bank Meltdown Is Here! Commercial & Household Debt Lead To Worst Bank Apocalypse In All U.S. History (Epic Economist, Apr 2, 2021)
Corona Virus Bailout Rescue Bill. Did they get it right? What next for states?
Corona Virus Bailout Rescue Plan | Will We Avoid Economic Disaster?

Corona Virus Bailout Rescue Plan | Will We Avoid Economic Disaster?

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Show Summary: Congress passed its Corona Virus bailout rescue bill. Will it be enough to avoid economic disaster? What’s next for all those states (like Oregon) that decided to shut down all those businesses? Plus, a little left wing myth busting.

Coverage Map of I Spy Radio Show broadcast areas, as of November, 2018
Current I Spy Radio broadcast areas. Click for full-size map.

Five Different Times, on Seven Different Stations. Listen anywhere! All stations stream live!

Saturdays
10a – 11a: KFIR 720AM (entire Willamette Valley) | Direct Link to KFIR Live Stream
11a – noon: KLBM 1450AM (Union County) | Direct Link to KLBM Live Stream
11a – noon: KBKR 1490AM (Baker County) | Direct Link to SuperTalk Live Stream
7p – 8p: KWRO 630AM (Oregon Coast & Southeastern Oregon) | Direct Link to KWRO Live Stream

Sundays
8a – 9a: KWVR 1340AM (Wallowa County) | Direct Link: KWVR Live Stream
7p – 8p: KAJO 1270AM or 99.7FM (Grants Pass/Medford) | Direct Link: KAJO Live Stream

Air Dates: March 28 & 29, 2020 | Jonathan Williams

This Week: It’s dicey in the US, no two ways to about it. And it’s hard to know what or whom to trust. Like recent reports came to light that the small group scientists behind the much-vaunted study—that the White House and governments all around the world relied on to make drastic, economy-altering decisions that they did—may have drastically overstated the numbers.

Corona Virus Numbers: Were they Way off?

British scientist Neil Ferguson, using a computer model, had predicted 2.2 million Americans and more than half a million Brits would be killed. Now he and his team are backtracking on their modeling numbers.

During testimony to the U.K’s parliament, he now predicts U.K. deaths from the disease will not exceed 20,000, and could be much lower. That means, their initial estimates were 25 times higher than they should have been.

This comes as Dr. Deborah Birx, the White House coronavirus response coordinator, reportedly said the administration was particularly focused on his report.  The doctor now has walked back those predictions and clearly stated that the actual numbers of those infected by the virus do not match the computer models (because they’re much lower).

Corona Virus Bailout Passes

The economic and public health policies we’re seeing enacted now have been based recommendations from advisers who used those overstated numbers, which has shut the American economy down.

Did Donald Trump just use the Corona Virus Bailout to gain control of The Fed…? Check this out from Yahoo News

As the stocks tanked, Trump has pushed back with a stimulus package to get cash into the hands of American workers who have been laid off. Or have lost their jobs.  Small businesses will have loans and grants available to keep them afloat as Trump pushes to get new policies in place for Americans to go back to work.

Corona Virus Bailout: Did they Get it (Mostly) Right?

But will the Corona virus bailout bill work? To get Americans – and America – back to work?

We welcome back Chief Economist for the American Legislative Exchange Council (ALEC), Jonathan Williams, to analyze what’s been happening, and what’s likely to happen.

Read Jonathan’s Op-Ed in The Hill that he mentioned on the show – “A Free-Market Approach to Reviving the Economy Amid COVID-19 Distress“

Jonathan—who, like ALEC, believes in smaller government and fewer regulations—walks us through the details and impacts of this massive aid package. You’ll come away with a broader understanding of what’s happening, why smaller government consistently works, and, we hope, we’ll soothe some nerves and calm some fear.  We discuss what the package will be doing, what it could do, and also some problems still on the horizon, especially for states that may have hastily sold their economic souls based on bad numbers.

Another very full show—including some myth busting of Leftist anti-business policies that you won’t want to miss.

Check it Out! President Trump Posts Inspiring Corona Virus Video: “Hope”

Podcast Version

Links Mentioned

  • Jonathan Williams’ organization is the American Legislative Exchange Council or ALEC. Their website is alec.org and Jonathan Williams’ websites:  www.alec.org &  www.RichStatesPoorStates.org
  • Creative Policy Ideas to Address COVID-19 (via ALEC)
  • Definition of a recession (via Investopedia)
  • Remember when: “Oregon lawmakers weigh odds of a recession, as reserves grow” (Oregonian, Jan 2019)
  • More on the “wisdom of the crowd” – Lorenz, J., Rauhut, H., Schweitzer, F., & Helbing, D. (2011). How social influence can undermine the wisdom of crowd effect. Proceedings of the National Academy of Sciences, 108(22), 9020–9025.
  • The Scientist Whose Doomsday Pandemic Model Predicted Armageddon Just Walked Back The Apocalyptic Predictions (The Federalist, Mar. 26, 2020)
  • Not mentioned but here’s a breakdown of the spending bill: “Here’s a breakdown of the $2T coronavirus bailout” (NY Post, March 27, 2020)

Related Links

Oregon vs Oregon rural vs urban people vs politicians. Timber Unity on the steps of the Capitol Building in Salem, Oregon
Oregon vs Oregon: Urban vs Rural, Politicians vs the People

Oregon vs Oregon: Urban vs Rural, Politicians vs the People

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Show Summary: Oregon’s economy is growing, but politicians want more taxes, including a carbon cap and trade. Why are Oregon politicians determined to ruin a good thing? There is great news out of Trump’s administration with their budget proposal. This should be a time to invest in Oregon, not punish Oregonians with a carbon cap and trade. Plus: Did Gov. Kate Brown and timber companies betray Timber Unity?

Original Air Dates: February 15 & 16, 2020 | Jonathan Williams & Dr. Bob Zybach

This Week: There is some good news that you’ve probably never heard before.

But before we get there, breaking this week were details of what we warned you about a few weeks ago. Details of Governor Brown’s secret meetings with timber companies have come to light, including the start of a deal between timber companies and environmental groups that is taking the wind out of Senate Republicans’ sails. A deal that, despite the 10,000 people who showed up Timber Unity had any say in.

And don’t think she didn’t know exactly why she was doing to sabotage Timber Unity. It is with the deepest sense of betrayal we see these kinds of tricks — instead of straightforward, honest discussions where all sides have a say.

The Good News: Trump Administration’s Exciting Budget Proposal

But, as we said, there is some good news and something you’ve probably never heard before: the words “exciting” and budget proposal” used in the same sentence.

This week we start our conversation with Jonathan Williams, of American Legislative Exchange Council. We’ll discuss with him Trump’s exciting budget proposal that does what so many fiscal conservatives have dreamt of: a return to a balanced budget, honest-to-goodness cuts in federal spending. Be sure to tune in and hear about the 6 million dead people who are finally going to get their checks cut off. Jonathan will also give us the honest-to-goodness look at Oregon’s economic outlook.  An article was recently published touting Oregon’s beating the national economic trends — but we dig into the reality.

The Bad News: Did Timber Betray Timber Unity?

Then we have Dr. Bob Zybach back due to the secret meeting Gov Kate has been having with 13 timber companies and environmental groups.  For someone who has defended the timber industries for decades, you can imagine this secret backroom deal felt like a real betrayal. We discuss the timing and look into the memorandum of understanding itself. We can only guess they’re trying to accomplish—because none of it makes sense.

But get used to this type of behavior if the cap and trade bill goes in.  Salem’s Democrats have purposefully put in measures to keep hidden from public records requests how the government will spend their new revenue. And to whom they will give it.

But we can guess.

Get the inside look at the backroom deals, this week on I Spy Radio. Don’t miss it!

Podcast Version

Never Miss an I Spy Radio Show

Coverage Map of I Spy Radio Show broadcast areas, as of November, 2018
Current I Spy Radio broadcast areas. Click for full-size map.

Five Different Times, on Seven Different Stations. Listen anywhere! All stations stream live!

Saturdays
10a – 11a: KFIR 720AM (entire Willamette Valley) | Direct Link to KFIR Live Stream
11a – noon: KLBM 1450AM (Union County) | Direct Link to KLBM Live Stream
11a – noon: KBKR 1490AM (Baker County) | Direct Link to SuperTalk Live Stream
7p – 8p: KWRO 630AM (Oregon Coast & Southeastern Oregon) | Direct Link to KWRO Live Stream

Sundays
8a – 9a: KWVR 1340AM (Wallowa County) | Direct Link: KWVR Live Stream
7p – 8p: KAJO 1270AM or 99.7FM (Grants Pass/Medford) | Direct Link: KAJO Live Stream

 

Links Mentioned

Related Links

  • [CHART] See Oregon’s GDP vs nation. Oregon GDP dollars ranks 25th (via US Bureau of Labor and Statistics
  • Democrats advance Oregon’s controversial climate change policy (OregonLive, Feb 13, 2020)
  • Oregon Department of Forestry requests emergency cash infusion as firefighting receivables outstanding (Statesman Journal, Feb 12, 2020)
  • Why The Green New Deal Would Destroy The Environment: The Green New Deal is anything but ‘clean’ or ‘green.’ Even the relatively modest numbers of solar and wind installations in the United States today are causing serious environmental damage. (The Federalist, Feb 12, 2020)