The civil service in Ottawa is bracing for layoffs. It comes after Finance Minister Francois-Phillippe Champagne was tasked with finding $25-billion dollars in savings to offset the biggest increase in defense spending in a generation. So how does that play in to our federal government's massive deficit? And how does that trickle down to you? Host Mike Eppel speaks with Dr. Wayne Petrozzi, Professor Emeritus in the Department of Politics and Public Administration at Toronto Metropolitan University.
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Sarina Bellissimo, Entertainment journalist and broadcaster and Dave O’Callaghan, host of the Here and Back Again Podcast have picked their recommendations for the best TV and films to watch for the week ahead.
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The news of Texas covered today includes:Our Lone Star story of the day: Warnings of warnings of warnings! How much is enough? How many systems are needed, layered on top of each other, to warn of weather and similar emergencies? At what point to individuals bear some responsibility for paying attention to known risks and warning systems that are have been in place for decades?Government officials are not our parents or masters, well that is the Leftist view I concede, and those officials are not automatically at fault for decisions we take.Our Lone Star story of the day is sponsored by Allied Compliance Services providing the best service in DOT, business and personal drug and alcohol testing since 1995.image via facebookCity of Lubbock is facing a big budget shortfall and now, due to what I believe to be incompetent and irresponsible management in the trash department, taxpayers are out even more money!Oil and gas drilling rig count falls, again.Listen on the radio, or station stream, at 5pm Central. Click for our radio and streaming affiliates.www.PrattonTexas.com
Four Republican senators say they want to keep funding NPR and PBS. I’m going to name names on today’s show.See omnystudio.com/listener for privacy information.
In conservative economics, cuts to social services are often seen as necessary to shrink the expanding deficit. Donald Trump’s budget bill is something altogether different: it cuts Medicaid while slashing tax rates for the wealthiest Americans, adding $6 trillion to the national debt, according to the Cato Institute. Janet Yellen, a former Treasury Secretary and former chair of the Federal Reserve, sees severe impacts in store for average Americans: “What this is going to do is to raise interest rates even more. And so housing will become less affordable, car loans less affordable,” she tells David Remnick. “This bill also contains changes that raise the burdens of anyone who has already taken on student debt. And with higher interest rates, further education—college [and] professional school—becomes less affordable. It may also curtail investment spending, which has a negative impact on growth.” This, she believes, is why the President is desperate to lower interest rates; he has spoken of firing his appointed chair of the Federal Reserve, Jerome Powell, whom he has called a “numbskull” and a “stupid person,” and installing a more compliant chair. But lowering interest rates to further political goals, Yellen says, “are the words one expects from the head of a banana republic that is about to start printing money to fund fiscal deficits. … And then you get very high inflation or hyperinflation.”Plus, “rarely have so many members of Congress voted for a measure they so actively disliked,” Susan B. Glasser noted in her latest column in The New Yorker, after the passage of a deficit-exploding Republican budget. Millions of people will lose access to Medicaid—a fact that the President lies about directly—and many trillions of dollars will be added to the deficit. Interest payments on the federal debt will skyrocket, and Trump is so desperate for lower interest rates that he seems poised to fire his own chair of the Federal Reserve and install a compliant partisan to head the heretofore independent central bank. “Anybody panicking about that in Washington?” David Remnick asks Glasser. “I think we are the boiled frog,” she replies. “We are almost panic-immune at this point, in the same way that Donald Trump has, I think, inoculated much of America against facts in our political debate. Even inside of Washington, there's so many individual crises at one time it’s very very hard in Trump 2.0 to focus on any one of them.”
John and Sarah start the podcast talking about Jeffrey Epstein, and proceed to have an enormous row about conspiracy theories. Also: Javier Milei's progress in Argentina, re-running referendums, and prickly cyclists.
Episode 401 of Boss Hog of Liberty is out! This week Jeremiah Morrell, Bones Harcourt, and Zach Burcham talk with ARCA driver Presley Sorah. Presley is from nearby Cambridge City and will be racing later his month at Indianapolis Raceway Park on Brickyard Weekend.
We learn how he put his deal together. Stories of his last two years in moving from iRacing into real racing. Last year his race in Indy ended in a mechanical failure. Bones expects a win. Presley has done everything from social media to spotting to tire changing to driving. His day job is a teacher at the local elementary school, when the weekend hits he gets in the car and heads to the races.
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Today, I talk with Denali Nalamalapu about her new graphic novel, “Holler: A Graphic Memoir of Rural Resistance,” which tells the story of six people who became resisters of the Mountain Valley Pipeline. https://denali-sai.com/Buy the Book from Bookshop.org https://bookshop.org/p/books/holler-a-graphic-memoir-of-rural-resistance-denali-sai-nalamalapu/21788274?ean=9781643265230&next=t&Transition Music: “Leave it to Me” by Corduroy Brown https://corduroy-brown.com/-----------------------------------------------HELP SUPPORT APPODLACHIA! patreon.com/appodlachia-----------------------------------------------The views and opinions expressed on this show are the personal opinions of the host, Chuck Corra, and do not represent the opinions of his employer. This show is an opinion and commentary show, NOT a news show. This podcast is for entertainment purposes only. Send us a textSupport the show