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Debt & Deficits

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

March 13, 2023 by GregC

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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Filed Under: China, Climate, Communism, Debt & Deficits, Economy, Elections, Foreign Policy, History, Humor, Inflation, Iran, Journalism, News & Politics, Saudi Arabia, Spending Tagged With: #SiliconValleyBank, 3MartiniLunch, Biden, China, DIF, FDIC, Iran, MBS, Saudis, SVB

Chicago Hope? Bipartisan Cowardice, Biden’s Bizarre Challenge

February 8, 2023 by GregC

Listen to “Chicago Hope? Bipartisan Cowardice, Biden’s Bizarre Challenge” on Spreaker.

Join Jim and Greg as they welcome a shred of hope that Chicago voters might elect a new mayor who seems much more serious about crime – but they are not holding their breath. They also break down some of the biggest moments from President Biden’s State of the Union on Tuesday – from bipartisan cowardice on entitlements, to Biden’s delusions on energy, and more. Finally, they break down Biden’s stunningly brief and vague comments on China and his bizarre, angry challenge to name one world leader who would want to trade places with Xi Xinping. Short answer? A lot of them.

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Filed Under: China, Climate, Communism, congress, Debt & Deficits, Economy, Elections, Entitlements, Foreign Policy, History, Humor, Intelligence, Journalism, law, Military, News & Politics, Spending, Taxes, Ukraine Tagged With: 3MartiniLunch, Biden, Chicago, China, entitlements, medicare, Social Security, SOTU, Xi Xinping

SCOTUS Fails to Find Leaker, Debt Ceiling Drama, Biden’s Absent Advisers

January 20, 2023 by GregC

Listen to “SCOTUS Fails to Find Leaker, Debt Ceiling Drama, Biden’s AWOL Advisers” on Spreaker.

Join Jim and Greg as they offer up two bad martinis and a crazy one. First, they shake their heads in disbelief and deep skepticism that the Supreme Court couldn’t figure out who leaked Justice Alito’s majority opinion in the Dobbs case, which resulted in the overturning of Roe v. Wade. They also hammer President Biden for demanding no conditions whatsoever to an extension of the debt ceiling, even though his unconstitutional plan to “forgive” student debt by forcing the bill on other taxpayers caused this debate to happen months earlier than it should have. Finally, they roll their eyes at reports that Agriculture Secretary Tom Vilsack was tapped to co-chair the Supply Chain Disruption Task Force but never went to a single meeting.  Seems to be a lot of that going around with Biden cabinet secretaries.
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Filed Under: Abortion, congress, Debt & Deficits, Economy, Elections, History, Humor, Journalism, law, News & Politics, Spending, Supreme Court Tagged With: 3MartiniLunch, Biden, debt ceiling, Dobbs, GOP, leak, SCOTUS, supply chain, Supreme Court, Vilsack

2022 Martini Awards Finale: Person of the Year, Turncoat of the Year, Predictions for 2023

January 2, 2023 by GregC

Listen to “2022 Martini Awards Finale: Person of the Year, Turncoat of the Year, Predictions for 2023” on Spreaker.

Happy New Year!  Jim and Greg start the new year by closing out the awards season for last year. Today, they give our their prestigious choices for Person of the Year, with Jim focusing on the midterm elections and Greg thinking about a moment that took almost 50 years to come. Then they reveal their selections for Turncoat of the Year, as Jim zeroes in on presidential politics and Greg goes with people in government doing the exact opposite of their job description.  Finally, they offer up predictions for 2023. One of them is optimistic and one of them most certainly is not.
Thanks for listening! Our usual 3 Martini Lunch format returns on Tuesday.

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Filed Under: Abortion, Big Tech, Debt & Deficits, Economy, Elections, FBI, History, Humor, Journalism, News & Politics, Privacy, Religion, Russia, Social Media, Supreme Court, Ukraine Tagged With: #personoftheyear, 3MartiniLunch, abortion, congress, FBI, midterms, predictions, Trump, Twitter

The Ukraine Divide, GOP Embraces Earmarks, RNC Fight Intensifies

December 22, 2022 by GregC

Listen to “The Ukraine Divide, GOP Embraces Earmarks, RNC Fight Intensifies” on Spreaker.

Jim and Greg wade into the sharp debate on the right over how to approach Ukraine, Zelensky, and their war against Russia. Their biggest frustration is the accusations being lobbed from both sides at anyone who shows the slightest bit of nuance on the issue. They also hammer Republicans for going along with tons of earmarks in the new omnibus bill – wasting countless more taxpayer dollars on frivolous projects. And they react to the Florida GOP pushing for the ouster of Republican National Committee Chairwoman Ronna Romney McDaniel and wonder why so many RNC committee members are so loyal to a leader with a pretty dismal electoral record.

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Filed Under: Afghanistan, congress, Debt & Deficits, Elections, Foreign Policy, History, Humor, Journalism, Military, News & Politics, Religion, Spending, Sports, Ukraine Tagged With: 3MartiniLunch, earmarks, Florida, McDaniel, Republicans, RNC, russia, spending, Ukraine, zelensky

GOP Freshman’s Big Lies, Taliban Bars Women from College, Stanford’s Speech Police

December 21, 2022 by GregC

Listen to “GOP Freshman’s Big Lies, Taliban Bars Women from College, Stanford’s Speech Police” on Spreaker.

Join Jim and Greg as they serve up three crazy martinis today! First, they dig into the curious case of the GOP congressman-elect who calls himself George Santos, after the New York Times discovered that multiple parts of his personal story appear to be fabricated. And all Santos can offer in reply is the pathetic claim that it’s all a political attack. They also shudder as the Taliban bans women from attending university in Afghanistan and all the U.S. can say in response is that this might damage the Taliban’s standing in the international community.  Finally, they react to Stanford University’s “Elimination of Harmful Language Initiative,” which wants to end our use of words like American, ladies, guys, and many more words and phrases constantly used without any ill intent.
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Filed Under: 9/11, Afghanistan, congress, Debt & Deficits, Education, Elections, Foreign Policy, History, Humor, Journalism, law, News & Politics, Taliban, Terrorism Tagged With: 3MartiniLunch, Afghanistan, Biden, Blinken, college, congress, George Santos, speech, Stanford, Taliban, women

GOP Spending Surrender, Redefining ‘Man’ and ‘Woman,’ Bankman-Fried’s Bail Demands

December 14, 2022 by GregC

Listen to “GOP Spending Surrender, Redefining ‘Man’ and ‘Woman,’ Bankman-Fried’s Bail Demands” on Spreaker.

Ricochet.com Editor-in-Chief Jon Gabriel is in for Jim. Join Jon and Greg as they fume over yet another Senate Republican surrender on spending – choosing to support a bill to fund the government through September instead of a short-term bill that would give the incoming GOP House majority much more leverage on how our tax dollars are spent. They also roll their eyes as the Cambridge Dictionary redefines “man” and “woman” to accommodate the transgender agenda. Finally, they react to indicted FTX Founder Sam Bankman-Fried arguing he can’t stay in jail because of his vegan diet and his struggles with Attention Deficit Disorder.

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Filed Under: Business, congress, Debt & Deficits, Economy, Elections, History, Humor, Journalism, News & Politics, Spending, Transgender Tagged With: 3MartiniLunch, ADD, Cambridge, dictionary, FTX, GOP, man, omnibus, Sam Bankman-Fried, Senate, vegan, Woman

GOP’s Big Midterm Edge, The Mirage of High-Speed Rail, Tulsi Leaves the Dems

October 11, 2022 by GregC

Listen to “GOP’s Big Midterm Edge, The Mirage of High-Speed Rail, Tulsi Leaves the Dems” on Spreaker.

Join Jim and Greg as they welcome analysis from MSNBC’s Steve Kornacki showing the economy and inflation as the biggest concerns for voters in the midterms and Republicans ahead overwhelmingly among those voters. They also credit the New York Times for shedding the light on the insane boondoggle of California’s high-speed rail project that is $80 billion over budget and won’t be done in our lifetimes. Finally, they discuss former Hawaii Rep. Tulsi Gabbard officially leaving the Democrats and urging others fed up with the party to do the same.

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Filed Under: Abortion, Climate, Debt & Deficits, Economy, Elections, Energy, History, Humor, Inflation, Journalism, News & Politics Tagged With: 3MartiniLunch, Economy, GOP, high-speed rail, midterms, MSNBC, Tulsi Gabbard

‘Red Wave of Cash,’ Fed Predicts More ‘Pain,’ FBI’s Election Meddling

August 26, 2022 by GregC

Listen to “‘Red Wave of Cash,’ Fed Predicts More ‘Pain,’ FBI’s Election Meddling” on Spreaker.

Join Jim and Greg as they welcome the news that badly outspent GOP candidates are getting an infusion of $160 million from Mitch McConnell’s Super PAC for the final push to November. They also shudder as Fed Chairman Jerome Powell says he will be acting aggressively to rein in inflation but that many people will feel “pain” in the meantime. And they hammer the FBI after Facebook Founder Mark Zuckerberg tells Joe Rogan how the Bureau told Facebook to be on the lookout to confront expected Russian disinformation. That led Facebook to limit the reach of posts related to the Hunter Biden laptop story.

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Filed Under: congress, Constitution, COVID-19, Debt & Deficits, Economy, Elections, Energy, FBI, History, Humor, Inflation, Intelligence, Journalism, News & Politics, Spending Tagged With: 3MartiniLunch, Facebook, FBI, Federal Reserve, inflation, McConnell, midterms, Powell, Rogan, Senate, Zuckerberg

‘Fatalistic’ Florida Dems, Biden’s Class Warfare, Maloney Blames Loss on Sexism

August 24, 2022 by GregC

Listen to “‘Fatalistic’ Florida Dems, Biden’s Class Warfare, Maloney Blames Loss on Sexism” on Spreaker.

Join Jim and Greg as they welcome news that Democrats in Florida admit being “fatalistic” in knowing Republicans are very likely to win statewide races. They also unload on the Biden administration over it’s plan to “forgive” $10,000 in student loans and pass the bill over to people who never took out the loans or responsibly paid their bills. Finally, they discuss Rep. Jerry Nadler’s surprisingly easy win in a member vs. member New York House primary and Rep. Carolyn Maloney blaming her loss – at least in part – on misogyny and a sexist system.

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Filed Under: congress, COVID-19, Debt & Deficits, Economy, Education, Elections, History, Humor, Inflation, Journalism, News & Politics Tagged With: 3MartiniLunch, Biden, class warfare, congress, Crist, democrats, DeSantis, Florida, loans, Maloney, Nadler, sexism

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