Tag: economics

14-06 Why Bidenomics is Bidumbnomics | Mainstream Media is Lying

14-06 Why Bidenomics is Bidumbnomics | Mainstream Media is Lying

Show 14-06 Summary: This week, it’s all about cutting through the mainstream media propaganda about the economy. Especially the lies about Bidenomics. Because it’s more Bidumbnomics than anything. Bidumbnomics is a good way to kill the economy, interfere with markets, and promote products and ideas that don’t work and cost more. Bidumbnomics are dumb economics policies that require dumb people in the media to not ask questions and keep people misinformed about how bad things really are. Like not questioning the miracle January 2024 jobs report. Or looking at the failure of 100s of billions wasted on “green energy.” (It’s not green.) Plus, Oregon is not immune. Oregon democrats also love Bidumbnomics. Spend more. Tax more. Ignore reality. Like Oregon democrats’ plan to raise statewide property taxes and do away with the current caps on property tax increases.

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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 10th & 11th, 2024 | Guest: Jonathan Williams

This Week – Bidenomics is Bidumbnomics

All you need for dumb economics policies like Bidumbnomics to be perceived as “working” is to have a willing media to spread government propaganda. And the media needs to be dumb enough about economics to not ask any questions about what they’re told. And certainly not do any kind of even simple analysis.

That way, the media keeps people uninformed. Because if people really knew how bad things were, they would be demanding answers. And politicians never want that. They want compliant sheep people who stay out of the way. Miserable peasants.

Dumb economic policies like Bidumbnomics depends on people staying quiet. But EU farmers won by speaking up.
Public outcry works! (click image for full-size)

Why? Because when people do know what their politicians are actually doing, and the actual outcomes of their schemes, people tend to revolt. And, yes, public outcry really does work.

Take a look at the win in the EU when farmers had had enough. The public joined them. And now the EU gave in to their demands.

Farmers win! “Why Europe’s green plan balked on farming

Bidenomics is Bidumbnomics Examples

Look no further than the boondoggle of Biden’s dream of a wind farm in every pot. Bidumbnomics sank several 10s of billions of your money into expensive wind farms. Especially very expensive offshore wind farms. But these expensive Bidumbnomics boondoggles have done so poorly, despite all that free cash from U.S. taxpayers, that multiple wind farm companies have cancelled contracts. And they were willing to do so because the economics of it was so poor that unless they get free cash it was a better deal to cancel the deal.

Think of that. Companies willing to take a loss of 100s of millions rather than go through with it and lose even more. And in the case of one company, they took a 4 billion loss.

Now that is Bidumbnomicsat work. Waste companies’ money, waste taxpayer money, and all for products that are less effective and more expensive to ratepayers.

Wow.

An Actual Economist Breaks Examines Bidumbnomics

We welcome back Jonathan Williams, the executive vice president of ALEC — the American Legislative Exchange Council. Jonathan is also their chief economist. And we walk through the truth about that blockbuster January jobs report. It turns out, it is more fantasy than fantastic. See this great analysis from ZeroHedge: “Inside The Most Ridiculous Jobs Report In Recent History“.) And we all know this fantasy will be corrected downward in a month or two after they got their useful idiots in the media to repeat their headline to the point where most people will think Bidenomics is working.

But to be fair, not all economic news in the mainstream media is propaganda to prop up Bidumbnomics. Sometimes, it’s more of a confession. Like Jerome Powell appearing on 60 Minutes. Who told America that we just can’t spending like we are.

But other times, it is definitely propaganda. We take a look at the slumping EV (electric vehicle) sales. After spending, yet again, 100s of billions of taxpayer dollars on the EV boondoggle, including mandating sales quotas, Bidumbnomics strikes again. EVs sales are way down.

Don’t miss the terrific article mentioned during the show about the impact of government interference in a normal market. “The West’s Humiliating Electric Car Climbdown has Begun

And even in Oregon, they are nowhere near their lofty goals of 250,000 EVs by 2025.

Oregon Democrats Embrace Bidumbnomics

Speaking of Oregon, the democrat governor and democrat-controlled house and senate want their own version of dumb economics. Like ignoring people’s economic reality to impose their ideology. And mainly, that’s more spending of taxpayer dollars to reward the political allies. There is never enough money to spend all they want on everything they want.

The answer? Raise taxes. And not just a little. They want $3 billion in more taxes. And, as if they haven’t driven enough people away, they want to eliminate and caps on statewide property taxes.

The only reason why even more Oregonians haven’t driven away is their EV must have run out of charge. Maybe that’s why Oregon wants to mandate even more of them.

But wait, it gets worse. Not only do Oregon elected democrats want to spend more, Tobias Read, the democrat in charge of Oregon’s Treasury wants Oregon’s PERS to make less money. By forcing Oregon’s investment into “Net Zero.” Uh, Toby, in case you missed it due to Bidumbnomics government propaganda media, but Net Zero funds are losing money by the day. Intelligent investors are getting out of Net Zero funds, not in. Perhaps Oregon’s PERS being in the hole by a mere $28 billion just isn’t enough?

Tune in to get the info you need. to be better informed on economics and real economic policies. So when your legislator wants to go full Bidumbnomics, you have the info you need to convince them otherwise.

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Research, Links Mentioned & Additional Info

  • Jonathan’s organization is ALEC – the American Legislative Exchange Council. Find out more at ALEC.org.
    • Encourage your representatives to join ALEC! There are state and city memberships. Help elected officials understand economic problems and the real solutions available to get out of them! Send them this link: https://alec.org/membership/.
    • And you too can join as a private-sector member!
  • You can follow Jonathan on Twitter at @TaxEconomist.
  • Farmers win! “Why Europe’s green plan balked on farming” (Semafor, via Yahoo News, Feb 7, 2024)
  • Inside The Most Ridiculous Jobs Report In Recent History (ZeroHedge, Feb 03, 2024)
    • All job gains in the past year have been part-time workers (+870,000). Full time have decreased by 97,000
    • Native vs Foreign-Born workers . All job creation in the past 4 years has been for foreigners. Zero job creation for native since 2018
  • The West’s humiliating electric car climbdown has begun” (The Telegraph, via Yahoo News, Feb 2, 2024)
  • Bidumbnomics in Oregon: “PGE and why the EV revolution is stalling” (Oregon Catalyst, Feb 4, 2024)
    • “In 2019, Senate Bill 1044 set a target of 250,000 registered Zero Emission Vehicles on Oregon roads by 2025. … [But] the number of Oregon-registered zero emission vehicles on Oregon roads as of September 2023 (with less than a year and a half to go) was just 70,000. … The likelihood that this number will grow to 250,000 over the next 12 months is nil.”
  • Plan to make Oregon retirement fund carbon neutral relies on industry, Wall Street doing the same (OPB, Feb 7, 2024)
  • HJR 201 is a Statewide Property Tax (Taxpayer Assoc, Feb 5, 2024)
  • “1,287 testify against Statewide Property Tax (HJR 201)” (Taxpayer Association of Oregon, February 14, 2024).

For further reading on Bidumbnomics

 

13-29 Bidenomics is Killing Capitalism and The Little Guy

13-29 Bidenomics is Killing Capitalism and The Little Guy

Show 13-29 Summary: This week, we’re looking into Bidenomics and what’s happening in the wider economy, what’s supposedly real (allegedly booming) and what’s real (it’s not booming). We also take a look at the hand-in-glove relationship between Big Government and Big Business — as they partner to make each other stronger, bigger, and more powerful. Meanwhile, there’s small businesses and the taxpayer but government’s relationship with them is more hand-in-pocket. And, as one might expect, Oregon dropped two spots in the latest Rich States/Poor States ranking of state economies. We discuss why.

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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: July 22nd & 23rd, 2023 | Guest: Jonathan Williams

This Week – Bidenomics Killing Capitalism

It’s no secret that socialists hate real capitalism and the free market system because it means government is not in control. People are. And it makes the little guy wealthy and independent of government. And that’s the mortal enemy of socialism.
Enter Bidenomics. Which is the perfect (for socialism) answer to capitalism. Bidenomics marries Big Government with Big Business providing the socialist kill shot for capitalism.

Under Bidenomics, Big Business flourishes. Why? Because Big Government squeezes out Big Business’s competitors by using regulations to choke smaller companies’ profits while Big Business plays by different rules. In a regulation-heavy market, guess who wins? The ones who can afford the most lawyers and lobbyists.

Take a listen to this brief video mentioned during the show to see how Bidenism is causing a lurch toward monopolies in the banking sector. To squeeze out their smaller competitors. (The original tweet is from Dr. Peter St. Onge.)

Jonathan Williams of ALEC

We talk Bidenomics with Jonathan Williams, the Executive Vice President of Policy and Chief Economist for ALEC — the American Legislative Exchange Council. ALEC is the nation’s leading economic policy think tank, working directly with state legislators to pass free-market solutions to Big Government’s constant overreach.

Jonathan discusses what’s really happening with Bidenomics. No surprise, the Biden admin is on full spin mode trying to make people disbelieve the evidence of their own eyes. Inflation, high prices that keep getting higher, and more. But we’re told but the Bidenomics priesthood this is all a good thing.

And we talk about the corruption happening now in Washington, D.C., which Jonathan likes to call, the Land of Make Believe. Did anyone ever expect to see this much corruption and no one do anything about it? Not even pretend to be interested?

And what about that lurch away from capitalism to monopolism — where Big Government works hand-in-glove with Big  Business to kill off their competitors.

Finally, we talk about ALEC’s latest Rich States, Poor States edition, which came out in April 2023. Oregon dropped a couple of spots. Which probably surprises no one who lives in Oregon. But find out why.

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Research, Links Mentioned & Additional Info

Visit Jonathan Williams’ terrific organization, American Legislative Exchange Council or ALEC. And urge your state representatives and senators to get become part of ALEC.

You can follow Jonathan on Twitter at @TaxEconomist

How did Oregon do in the 2023 edition of Rich States, Poor States? Not so good. Explore all the states or jump to Oregon’s rankings.

Disney Might Sell Off TV Assets Like ABC, CEO Bob Iger Says (Forbes, July 13, 2023)

Disney CEO Bob Iger in ‘damage control’ mode over possible sale of ABC, ESPN (NY Post, July 19, 2023)

Millions of U.S. Jobs Are at Risk From Climate Policy: Joe Trotter in Delaware Valley Journal – American Legislative Exchange Council (ALEC, June 22, 2023)

Kotek doles out 22% raises, $1500 inflation bonus (Oregon Catalyst, July 19, 2023)*The end result is the latest agreement for these Oregon government employees which includes a 6 point 5 percent raise this December and another 6 point 5 percent raise in 13 months. Other employees will be getting between 13 and 22 percent raises. It also includes a one-time $15 hundred dollar bonus to handle inflation.

Not Mentioned but Related

Field Office, Defaults on $73.8 Million Loan (Willamette Week, July 17, 2023)*Field Office, a 2 hundred 90 thousand-square-foot office complex near the Willamette River, have defaulted on their $74 million dollar loan. It’s due to being unable to find enough tenants.

Oregon Doctors seek to form a union (Oregon Catalyst, July 17, 2023)*Doctors seek unions due to being pressured and negatively impacted as they’re forced to accept more patients. More and more doctors are being forced into consolidation and away from smaller, family care environments. Along with more rules and legal requirements. A result from heavy handed taxes, fees, red tape, and legal impositions imposed by governments.As Oregon hospitals lost nearly half billion dollars in just a half year.

Lebanon considers asking voters for new tax (Democrat Herald, July 17, 2023)*Lebanon elected officials are considering raising taxes to avoid depleting the city’s general fund by 2024 and operate at a deficit by 2026. The city was up against a $1 point 2 million dollar shortfall when its fiscal year started this July.

The Rise and Fall of the Chief Diversity Officer (Wall Street Journal, July 21, 2023)

 

12-42 Teeing up the Election: That Tick on America’s Back

12-42 Teeing up the Election: That Tick on America’s Back

Show Summary: Socialism is a parasite that only survives because it lives off the blood of capitalism. It does not create wealth, it creates ruin. It has tried and failed. Oregon has been seeing its effects for decades. But this election, it could all change.

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Current I Spy Radio broadcast areas. Click for full-size map.

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 15th & 16th, 2022 | Guest: Sen. Dennis Linthicum

This Week – Socialism: The Prosperity Parasite 

When you think about it, socialism is a parasite that only survives because it lives off the blood of capitalism. Socialism does not create wealth, it creates ruin. It has tried and failed in many countries, leaving destruction in its wake. But those pushing it here in America and especially in Oregon, are only able to promote it because those pushing it are funded by the profits (and taxes) generated from capitalism.

Oregon has been seeing socialism’s effects for decades. But this election, it could all change.

By the way. We used to call Oregon the Petri Dish of Leftist politics. Now it’s the Wuhan Lab of Leftist politics.

Senator Dennis Linthicum on Socialism in Oregon

We welcome back Senator, Dennis Linthicum (SD-28, Klamath Falls) to talk about socialism and its effects in Oregon. As a state senator in Oregon, he sees the policies pushed by the democrats, many of whom are socialists or wannabes. They just haven’t come out of the closet yet. But once Oregon is full socialist, they’ll drop the mask.

Be sure to get Dennis’s newsletter. It’s easy! Just send an email to dennis@electdennis.com to sign up

During the interview, we focus on four broad policy issues: society (education, crime, attacks on the family, etc.); economics (we’re living it under Biden); environment (spotted owl, the Klamath area has been under assault for decades, timber); and healthcare. On health care, Oregon just got a billion dollars to experiment with Medicaid, expanding it to virtually everything because, you guessed it, global warming.

And, Measure 111, is on the ballot this year. It would make universal health care permanent in Oregon by making it a constitutional right.

Remember. Environmental laws are how they control businesses. Healthcare is how they control people.

That’s how they seized such broad control during covid.

Don’t miss this in-depth examination of socialism and it’s impact on Oregon. We have this year to stop it. And, for once, things are looking good.

Be sure to check out the Featured Reading section in the links section for five great articles describing socialism.

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Research, Links Mentioned & Additional Info

Featured Reading: Socialism
History Lesson For Millennials: Here’s Why Socialism NEVER Works (The Federalist Papers, Feb 22, 2016)
Socialism Destroys Lives and Would Destroy America – It’s That Simple (The Western Journal, October 26, 2018)
Socialism’s Historical Destruction of the Environment (Case for Conservatism, October 10, 2022)
5 Ways Socialism Destroys Societies (Townhall, Feb 25, 2014)
Socialism: Destruction, starvation, tyranny, and death are cool again (Babalú Blog, September 19, 2018)
Socialism Will Always Destroy Democracy (The American Conservative, June 7, 2019)
Or watch: Klavan Explains Why Socialism Kills Countries (Daily Wire, July 24, 2018)

  • See the Cato Institute’s Report Card on America’s governors. Notice how the entire Left Coast gets an “F”: “Fiscal Policy Report Card on America’s Governors 2022” (Cato Institute, Oct 12, 2022)
  • [Canada’s healthcare hellscape is now offering assisted suicide to wounded veterans] Veterans Affairs says worker ‘inappropriately’ discussed medically assisted death with veteran (Global News Canada, August 17, 2022)
  • ‘Abandoning People’: Canada’s Broadening Assisted Suicide Law Dangerous for the Vulnerable, Critics Say (The Epoch Times, August 24, 2022)
  • NHS Waiting List Tops 7 Million for First Time Leaving 1 in 8 People in England Waiting for NHS Treatment (The Daily Skeptic, Oct 13, 2022)*Wait up to 8 hours for an ambulance
  • Canada is Euthanizing the Poor (via VK.com, Aug 16, 2022)
  • Euthanasia is Now a Leading Cause of Death in Canada, And Ethicists Are Freaking Out (Daily Caller, Aug 12, 2022)
    • “[Canada’s] broad eligibility has led to more than 10,000 Canadians being euthanized in the most recent year for which data is available, making it the sixth leading cause of death in the country, the AP reported.*Matthew Yglesias: “Canadian institutions seem to be using euthanasia legalization to avoid the expense of caring for the disabled.”
  • Disturbing: Experts troubled by Canada’ euthanasia laws (AP News, Aug 11, 2022)
  • Euthanasia in Belgium and the Netherlands: On a Slippery Slope? (Research Gate, JAMA Internal Medicine, Aug 2015)
  • Dr Pierre Kory on Disillusionment (drtrozzi.org, Oct 12, 2022)
    • “I did not understand we were striking at the very heart of the pharmaceutical industry”
  • How surrogacy is transforming medicine (UnHerd, Oct 6, 2022)
12-40 It’s Stupid Politicians | When Economics Meets Politics

12-40 It’s Stupid Politicians | When Economics Meets Politics

Show Summary: It’s the intersection of economics and politics this week. And what happens when economics meets politics…? Pretty much the same thing when you give a loaded gun to a toddle and tie yourself to a chair. Jonathan Williams from the American Legislative Exchange Council discusses what is so wrong with this economy. (It’s the politicians.) And don’t miss Joe Rae Perkins who is trying to get one of those stupid politicians out.

Coverage Map of I Spy Radio Show broadcast areas, as of June 2021
Current I Spy Radio broadcast areas. Click for full-size map.

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 1st & 2nd, 2022 | Guests: Jonathan Williams & Jo Rae Perkins 

This Week – When Economics meets Politics

Imagine people who have no understanding of economics (stupid politicians) making decisions about the economy based on the advice of their donors, bureaucrats with agendas, and paid lobbyists.

It’s like being tied to a chair, watching a toddler play with a loaded pistol.

This week, we welcome back Jonathan Williams, who is the Executive Vice President of Policy and Chief Economist at the American Legislative Exchange Council (ALEC). Jonathan has a terrific article on the Daily Caller (), in which he neatly walks through what’s wrong with the economy right now and then provides some easy solutions. If only the current White House resident would listen. To someone other than his donors, bureaucrats with agendas, and paid lobbyists.

Go read Jonathan’s terrific article on The Daily Caller

Special bonus. Long-time I Spy Radio listeners may remember our previous shows about “market transformation.” In essence, “market transformation is a shortcut around a market. “Market transformation” allows favored, politically aligned companies to receive grants and other funding to bypass normal market barriers to entry, such as start-up costs and marketing. This is what we are seeing right now with our economy. You can see it especially with green energy. It’s not green and it’s barely energy. But it does make democrats and their political allies and ideology a lot of money.

Vote Out the Stupid

When economics meets politics, there’s just one solution. Vote the stupid out.

Because the problem with the intersection of economics and politics is that it puts the stupid people in charge. Stupid people, like Ron Wyden. Who has been in Washington DC since the 1990s. Ron is so stupid, he has an ad running right now that says no government should have control over a woman’s body. Really Ron? What about the vaccine mandates you were pushing  just months ago.

He also has an ad complaining about forest fires. Thanks for noticing, Ron, now that it’s election time. But it’s been your policies that causes them to burn. Do nothing. Blame Global Warming when all that dry kindling catches fire. Demand taxpayer dollars for Global Warming and green energy. (There’s that market transformation.) Still to nothing. Rinse and repeat.

Send some money Jo Rae’s way at perkins.vote. She needs help getting her ads on radio and TV. $50 would buy an ad play on many radio stations; in some markets as many as five airings

Jo Rae is up against the money that pours into democrat politicians who promise to do those market transformations. And those donors are terrified they will lose their golden goose if Ron goes the way of the dodo.

Let’s make stupid extinct.

Bonus: if elected, Jo Rae promises not to vote for Mitch McConnell.

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Research, Links Mentioned & Additional Info

 

Our Many Healthcare Crises, Part 2 | The Root Cause of Many of Them

Our Many Healthcare Crises, Part 2 | The Root Cause of Many of Them

Show Summary: When Obamacare was passed (rammed through without a single Republican vote), it was supposed to fix health care and lower costs. All those savings, remember? What happened? But there are more problems and more spending than ever. This week, we continue our talk with healthcare-system expert, Lisa Lettenmaier, but zero in on the two root causes of many of, if not all of, our many healthcare crises.

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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: August 6th & 7th, 2022 | Guest: Lisa Lettenmaier

This Week – Our Many Healthcare Crises

We continue our deep dive into the problems plaguing our health care system—the many healthcare crises and the ever-growing expense. How is it that we are spending more than ever — by far! — on healthcare and yet it’s just one crisis after another? 

But this week, we zero in on the two main problems. And they should be no surprise, really, for anyone who has followed I Spy Radio’s many shows on healthcare or for anyone who has a lick of common sense. The two root causes are money and government. Particularly, government interference.

Healthcare crises in the UK: "My cousin had to deliver his child because the ambulance said they’d take 4 and a half hours to come for his wife. What is the UK coming to? He had to watch a YouTube tutorial on how to deliver a baby."
Healthcare crises in the UK. THIS is what they want to emulate?

We bring back our healthcare system expert, Lisa Lettenmaier. Lisa is currently an insurance agent and owns Health Source NW. But her background is in accounting, overseeing budgets and forecasting for major companies. So when she looks at the healthcare crises, she is viewing it not just from an insurance standpoint but from a systemic-analyst’s viewpoint.

Need healthcare and not sure where to turn? Give Lisa a call. Her website is www.HealthSourceNW.com.  She helps individuals and businesses throughout Oregon and SW Washington make sure they have the right coverage for when, God forbid, they really need it. Will your policy cover what you think it does? 

The Root Cause of So Many Healthcare Crises

This week, you’ll also hear an extended opener from I Spy Radio host, Mark Anderson, on the government’s interference — sabotage, really — of the normal free-market forces that would normally lower cost and improve care. Mark walks you through what a free market system would look like. Hint: we don’t have one now (remember Obama et al. when they were pushing Obamacare:  “the free market failed”?), not in health care. And he walks you through the government interfering with the free market, much of which can be traced back to a 1943 IRS ruling.

If you didn’t already think “they” are destroying things on purpose, you’ll believe it after this show. No one, no government, makes this many “mistakes” on purpose.

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Research, Links Mentioned & Additional Info

What to do About Our Many Healthcare Crises | Part 1

What to do About Our Many Healthcare Crises | Part 1

Show Summary: We are dumping billions upon billions into our healthcare system. But there are more healthcare crises than ever. What’s going on? We talk with health care system expert, Lisa Lettenmaier to find out what’s happening and why there are so many crises. Next week, we’ll look at the root cause of so many of these problems and what can be done.

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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: July 30th & 31st, 2022 | Guest: Lisa Lettenmaier

This Week – Our Many Healthcare Crises

We are diving deep into the problems plaguing our health care system. The many healthcare crises and the ever-growing expense. How is it that we are spending more than ever — by far! — on healthcare and yet it’s just one crisis after another? 

Does anyone even remember that we were promised that Obamacare would fix all this? And cost less?

We bring back our healthcare system expert, Lisa Lettenmaier. Lisa is currently an insurance agent and owns Health Source NW. But her background is in accounting, overseeing budgets and forecasting for major companies. So when she looks at the healthcare crises, she is viewing it not just from an insurance standpoint but from a systemic analyst’s viewpoint.

And it’s not good.

We talk with Lisa about the many healthcare crises right now but focus on three in particular that are the most troubling. Including the mental health crisis, which, in many ways, is emblematic of the other system-wide problems.

We’ll continue this deep dive next week and focus in on the root of all these crises. Which has changed everything—and not for the good.

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Research, Links Mentioned & Additional Info

Rising prescription drug prices (OregonLive, July 20, 2022)

Oregon agency sets virtual public hearings on 2023 health insurance preliminary rate decisions (KTVZ, July 23, 2022)

Healthcare and ambulance services deal with capacity crisis (KGW, July 22, 2022)

Profits of the pandemic: Moderna gives Boston’s property market a shot (Daily Mail, July 23, 2022)

WA hospitals facing ‘unsustainable’ financial losses, in danger of cutting services (Seattle Times, July 21, 2022)

Left’s Latest Health Care Scheme Will Worsen Inflation, The Deficit, And Your Insurance (The Federalist, July 25, 2022)

Difficulty Paying Bills Tops Pandemic High in US Census Survey (Yahoo News, July 25, 2022)

Covid Relief Spending by the Federal Government (via USASpending.gov, retrieved July 28, 2022)

A New OPB Poll is Devastating. For Democrats.

A New OPB Poll is Devastating. For Democrats.

A February 2022 OPB Poll Shows Strong Preference for Republicans and Conservatives

By Dr. Mark Anderson, MBA, DBA (ABD)

There was a poll by OPB back in February 2022 that was 𝘯𝘰𝘵 good for democrats. Especially so given that it was done by OPB and then sat on for over a month.

Here are the highlights.

In a generic ballot of Republican vs Democrat for governor, Republicans win 47% to 29% (with a very large undecided at 23%). That’s a win by nearly 20 points—well outside the margin of error. But, interestingly, when you add an Independent to the mix, Republicans still win — and more people move away from Dem to Independent: Republican = 26% (a 3% shift), Democrat = 16% (a 13% shift), and Independent = 21%.  Still a large pool of undecided (37%) when deciding among three candidates but the support for a Democrat and Republican candidates drop across the board but far more from a Democrat candidate than a Republican one. Four times as much, in fact.

This is why Democrats are both furious at and fearful of Betsy Johnson, who is a Democrat but running as an “independent.” Betsy splits the vote and draws far more from the Democrat candidate than from the Republican and not enough to give either the Democrat or the “Independent” candidate a win. She virtually assures a Republican win.

But wait, it gets worse for Democrats

On social issues, the poll shows a very strong preference for a conservative: a 27% preference (very liberal/somewhat liberal, combined) for liberal vs nearly double support, 46% (very conservative/somewhat conservative, combined) for conservative. All those woke social issues Democrats have attempted to shove down the public’s throats is biting them in the backside.

Taxes and economy are always big issues and decisions points in every race. And there is even more support for conservative over liberal on economics, only 22% (very liberal/somewhat liberal, combined) for liberal, and a majority 51% for conservative (very conservative/somewhat conservative, combined).

Also, Oregonians appear to be done with the establishment and career (“experienced”) politicians. When asked if they prefer someone with experience in elected office vs an outsider, 47% preferred an outsider to only 27% preferring a politician with experience in office. That is a huge shift for Oregonian voters, which, like the rest of the West Coast, for decades has tended to prefer candidates with at least some elected experience. That bodes very well for candidates like Marc Thielman for Oregon Governor and Bridget Barton for Oregon.

Finally, it is exceptionally interesting that despite overwhelming Leftist media in Oregon, especially the Oregonian, Willamette Week, and OPB itself, people are seeing through the Leftist lies. When asked about the “seriousness” of right-wing extremism and left-wing extremism, more people saw left-wing extremism as very serious/somewhat serious, 69% (combined), vs right-wing extremism as very serious/somewhat serious, 56% (combined).

In all, this OPB poll is 𝙚𝙭𝙩𝙧𝙚𝙢𝙚𝙡𝙮 good news for Republicans, conservatives, and outsider candidates.

If you’d like to see the full poll, you can access it here: OPB Poll, conducted by DHM Research, February 28, 2022

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

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

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.

Democrats’ Plan to Remake the Economy | Supply Chain Problems

Democrats’ Plan to Remake the Economy | Supply Chain Problems

Show Summary: No ghosts but lots of gremlins as democrats try to sabotage the future of America’s economy. It’s no secret the democrats want to transform America’s economy into a socialist one. And their multi-trillion dollar spending bills will do it. So what’s really in the bill? If you think the problems with our supply chain are bad now, wait until the government runs it.

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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 30th & 31st, 2021 | Guests: Jonathan Williams & Jana Jarvis

This week: No ghosts but plenty of gremlins and goblins as our own government is looking to sabotage the future of America’s economy. To “transform it”, which is never a good thing. A look at what’s really in the bill — and a look at what it going on with our supply chain.

It’s the Economy Stupid?

Remember when Bill Clinton said that? Except from the democrats, now it’s let’s make the economy stupid. Then again, remember when Bill Clinton used to be seen as “liberal”? Now, he’s downright conservative in comparison.

Imagine AOC in charge of the economy.

And remember Obamacare, and the democrats “deeming it passed”? Yeah. You can look for that kind of trickery to get the multi-trillion-dollar bill through not to transform America’s health care but her economy. How’s that health care “transformation” gone for you? Health care cheaper for you? Or for America?

No. Of course not. But by the federal government seizing control of health care, democrats have been able to use it as a weapon. It’s what we warned you about: environmental policies is how they control business. Health care is how they control people.

Jonathan Williams of ALEC on the Economy

Jonathan Williams is the executive vice president of the American Legislative Exchange Council (ALEC.org), which advises state legislature on how to improve their economies.

We talk about what’s really in the bill. AOC’s 1.5 million “climate corps” troops marshaling businesses down the new green path. A massive overturn of the economy that will weaken, not strengthen it. 87,000 new IRS agents unleashed to snoop through and spy on Americans. (Remember how Obama used the IRS to target his political enemies? Yeah. Now multiply that by 86,0000.

And perhaps worst of all, Janet Yellen’s hair-brained scheme to tax non-existent wealth. She wants to tax “unrealized capital gains.” In other words, tax money that hasn’t been made yet. That’s desperate.

And how long before they do away with “just taxing billionaires” and move on to “all those middle-class people are sitting on unrealized gains in the property values.

Problems in the Supply Chain

In case you haven’t noticed, there are a lot of areas of the country experiencing empty store shelves. How is it that just two years ago, when we had a much better economy under President Trump but we had no supply chain problems like we’re experiencing now? Could it be by design? This article from ZeroHedge alleges it may be. (And it sounds like it to us, too.)

Not to mention that Pete Buttigieg is out there sounding like he’s willing to let supply chain problems continue in an attempt to extort Congressional Republicans and reluctant democrats into voting for the massive spending bills.  (See links below.)

So, what is going on with our supply chain? And, the big question: do we need to be worried?

To get to the bottom of that, we talk with Jana Jarvis, president of OTA, Oregon Trucking Associations (ORtrucking.com). She walks us through the problems at the port, what led to them, and some concerns for the near future.

It doesn’t help that there was already a shortage of truckers before the forced pandemic. Now, the Biden administration is targeting truckers and blue collar workers with forced vaccine mandates. The ATA warns that if Resident Biden continues along this path, the industry may lose up to 37% of its truckers.

Imagine for a moment if all the truckers walked off the job in areas where there are mandates. Imagine the impact of that. I mean, talk about a people’s revolution. Just park the trucks and say no more until you get rid of these mandates. ALL of them.

Is it time for a drive out? A national walk out by truckers? If any industry could force that kind of change, it’s the truckers.

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.

Links & Further Info

  • Podcast: A Price Too High? The $3.5 Trillion Reconciliation Bill (ALEC podcast #100, Sept 28, 2021)
  • $3.5 Trillion Is a Phony Number: Budget tricks disguise the true cost of Biden’s vast entitlement plans (Wall Stree Journal, Sept 23, 2021)
  • What’s in the Democratic Tax Proposal? :Corporate tax rate would rise to 26.5% from 21%; capital-gains taxes would also go up (WSJ, Sept 13, 2021)
  • What Is Unrealized Gain or Loss and Is It Taxed? (Yahoo Finance, April 2, 2021)
  • Biden Expresses Support for Annual Tax on Billionaires’ Unrealized Gains (Wall Street Journal, Sept 24, 2021)
  • AOC, Democrats want to create ‘Civilian Corps’ to battle climate change (NY Post, May 5, 2021)
  • AOC: $10B Taxpayer-Funded Climate Change Corps Would Create 1.5M Jobs (Brietbart, May 7, 2021)
    • Really, AOC? Try to use math. That’s only $6,666 per “job.” What are they going to do, just send stimulus checks to democrats?
    • The real costs: 1.5 million activists × $40,000 per year (avg) = $60 billion. Every year. “Free” jobs for democrats. Who do you think they’ll donate to? Or campaign for? And that doesn’t even include healthcare or a lifetime of taxpayer funded pensions.

Supply Chain

  • ‘Containergeddon’ drives sugar, rice shippers back to bulk vessels (Alberta Farmer Express, Oct 22, 2021)
  • Martin Armstrong: Are The US Supply Chain Disruptions Deliberate? (ZeroHedge, Oct 24, 2021)
    • “The reality is the only way we’re going to get to a place where we work through this transition is if everyone in America and everyone around the world gets vaccinated,” [Deputy Treasury Secretary] Adeyemo admitted in an interview with ABC News.
    • THIS: Transportation Secretary Pete stated, “…The overall ‘Build Back Better’ vision is designed to reduce inflationary pressures. So if you care about inflation, you ought to care about not just the supply chain issues… but also the provisions in ‘Build Back Better’ like paid family leave, … making it easier to afford childcare, [or] community college, that are going to give us a stronger labor force and help us deal with that major constraint on economic growth.”*Sounds a lot like Blackmail to me.
  • Ports of LA, Long Beach to Fine Firms Over Container Backlog (Newsmax, Oct 25, 2021)*“In an effort to ease congestion at the nation’s busiest port complex, officials said Monday that they will start fining shipping companies whose cargo containers linger for too long at marine terminals.”
  • Horrifying: California In-N-Out Shut Down Permanently for Refusing to Check Customers’ Vaccination Status (Epoch Times, Oct 27, 2021)
  • ATA Warns Vaccine Mandate Could Worsen Supply Chain Troubles (Transport Topics News, Oct 21, 2021)
  • Consumers’ Research: BlackRock and the Chinese Communist Party (Disclose TV, Oct 27, 2021)
  • How the Infrastructure and Reconciliation Bills Affects YOU (Stop Being Sold YT Channel, Oct 13, 2021)

 

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

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

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.

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

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

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.

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.