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Spending

Debt Ceiling Deal, EU vs. Twitter, Neuralink’s Promise vs. Peril

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Listen to “Debt Ceiling Deal, EU vs. Twitter, Neuralink’s Promise vs. Peril” on Spreaker.

Join Jim and Greg as they sort through the agreement between House Republicans and the Biden administration to avoid default. Jim explains why he sees the deal as about as good as the GOP could do with the limited leverage it has. And they address complaints from many conservatives that the plan allows too much baseline spending and didn’t accomplish some major goals. They also react to the European Union’s demands that Twitter abide by its “disinformation” policies or risk getting banned from Europe later this summer. Finally, they discuss the FDA approval of human trials for Elon Musk’s Neuralink brain implants and highlight the potential for amazing breakthroughs and disastrous unforeseen consequences.
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The DeSantis Rollout, Biden Will Get Debt Blame, IRS Targets Taibbi

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Join Jim and Greg as they walk through the good, bad, and crazy aspects of the presidential campaign launch of Florida Gov. Ron DeSantis – from the glitchy start on Twitter Spaces to his strong articulation of a conservative vision for the nation to the obvious grifting of Trump critics who are aiming their venom primarily at DeSantis. They’re also pleasantly surprised by a new Fox News poll showing more Americans would blame President Biden than congressional Republicans for defaulting on our debt. Finally, they fume at the very shaky premise for the IRS going to the home of Twitter Files reporter Matt Taibbi on the day he testified to Congress about government efforts to silence free speech – and the very shady way the IRS initiated it’s investigation.

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Great Scott! Public Backs Work for Gov’t Aid, Constitutional Debt Showdown

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Join Jim and Greg as they offer up two good martinis and a crazy one. First, they welcome South Carolina Sen. Tim Scott into the 2024 GOP presidential race, highlighting his good policy ideas and his happy warrior approach to politics. They also cheer a new poll showing Americans overwhelmingly supporting work requirements for Medicaid and SNAP recipients. Finally, Jim lays out the strong case for why President Biden raising the debt ceiling without approval from Congress would be grossly unconstitutional.
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Biden Ready to Deal? Victory for Life in NC, China Touts AI Success

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Listen to “Biden Ready to Deal? Victory for Life in NC, China Touts AI Success” on Spreaker.

Join Jim and Greg as they serve up two good martinis and an ominous one. First, they’re glad to to see President Biden move away from no discussion of reforms in exchange for an increase in the debt ceiling and agree to budget negotiations over the coming days. They also applaud Republicans in the North Carolina legislature for staying unanimous to override Gov. Roy Cooper’s veto of a 12-week abortion ban. Finally, they react to news that China aloowed artificial intelligence to control a satellite and make decisions about what it would do. How fast is AI growing? Can we rein it in? And if we do, will our adversaries have a major advantage?

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DeSantis Calls Out GOP Leaders, Kirby’s Afghanistan Lies, Tennessee Dems Expelled

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Listen to “DeSantis Calls Out GOP Leaders, Kirby’s Afghanistan Lies, Tennessee Dems vs. the Truth” on Spreaker.

Ricochet Editor-in-Chief Jon Gabriel is in for Jim on this Good Friday edition of the podcast. Join Jon and Greg as they cheer Ron DeSantis for calling out GOP leaders over many years for making conservative promises to voters and then failing to follow through on them. They also unload on White House spokesman John Kirby for trying to blame President Trump for the Afghanistan withdrawal debacle and for claiming he didn’t see any chaos during the withdrawal operation. Finally, they react to the expulsion of two Democrats in the Tennessee legislature for leading an extended disruption on the floor of the chamber earlier this week and they address the dubious explanations from Democrats about what really happened.
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Battle Over Billionaires, America’s Shrinking Navy, Biden’s Tall Tales

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Listen to “Battle Over Billionaires, America’s Shrinking Navy, Biden’s Tall Tales” on Spreaker.

Join Jim and Greg as they cheer former Starbucks CEO Howard Schultz for pushing back against Sen. Bernie Sanders and other Democrats for trying to demonize him because he’s a billionaire. Schultz explains how the American dream allowed him to rise from humble beginnings to achieve great wealth – a story Sanders had no interest in hearing of course. They also shudder at multiple reports that the Biden administration’s Navy budget proposal doesn’t even keep up with inflation, we’re retiring vessels critical to deterring Chinese aggression, and within five years China’s navy will have 150 more ships than we do. Finally, they roll their eyes as President Biden acts like he’s an honorary member of another ethnicity – this time it’s the Greeks.

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Marshals Told Not to Arrest, Should We See the Manifesto? America’s Spending Paradox

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Listen to “Marshals Told Not to Arrest, Should We See the Manifesto? America’s Spending Paradox” on Spreaker.

Join Jim and Greg as they applaud Alabama Sen. Katie Britt and her staff for discovering that U.S. Marshals were told not to arrest demonstrators outside the home of Supreme Court justices over last year’s leaked abortion ruling, even though they were clearly violating federal law. They also dive into the debate over whether the Nashville killer’s manifesto ought to be made public after the police say it will not be released while the investigation is active. What are the considerations for and against making it available? Finally, they sigh at another depressing poll, as Americans overwhelmingly think the federal government spends too much money but also strongly believe it spends too little on several key drivers of spending.
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Biden’s Sinking Polls, Dems Defending TikTok, Sinema’s Curious Strategy

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Listen to “Biden’s Sinking Polls, Dems Defending TikTok, Sinema’s Curious Strategy” on Spreaker.

Join Jim and Greg as they welcome a new Associated Press poll showing Americans can clearly see President Biden’s weak performance on the economy and his overall job performance. They also groan as the CEO of TikTok tries to dodge questions about whether the app is spying on users and TikTok’s connection to the Chinese Communist Party. Plus, they hammer the Democrats for glibly opposing the effort to crack down on TikTok after agreeing to ban it on government devices last year. Finally, they break down Arizona Sen. Kyrsten Sinema’s strategy of cozying up to the right in advance of a likely 2024 re-election bid.

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McCarthy’s Energy Focus, Marianne’s Temper, Barney Frank Gets A Pass

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Listen to “McCarthy’s Energy Focus, Marianne’s Temper, Barney Frank Gets A Pass” on Spreaker.

Join Jim and Greg as they welcome the House GOP effort to reinvigorate the American energy sector. But they know getting it into law is going to be very difficult. They also react to the Politico report alleging Marianne Williamson is a terror as a boss and routinely flew off the handle and berated staff during her 2020 campaign. Does this matter much in a Democratic primary that’s expected to be a blowout? And did this story arise organically or the Biden team decide to nuke Williamson before she even gets started? Finally, Jim explains how former Rep. Barney Frank would be the villain of the recent bank collapse scandal if he were a Republican. But he’s a Democrat so the media flogging will probably never come.

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The SVB Collapse, Guess Who’s Gonna Pay for It, China’s Middle East Meddling

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Listen to “The SVB Collapse, Guess Who’s Gonna Pay for It, China’s Middle East Meddling” on Spreaker.

Join Jim and Greg as they break down the collapse of Silicon Valley Bank, and how the financial institution bankrolling many of the nation’s top venture capital-backed firms went into crisis. They also throw a flag on President Biden’s contention that U.S. taxpayers will not be on the hook for bailing out the bank’s depositors. Finally, they shudder at the news of China brokering a restoration of relations between Saudi Arabia and Iran. Why is the restoring of relations a bad thing? In this case, there’s lots of reasons.

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