The "Alleged" News We Frown
Manage episode 421788359 series 3009916
The Paul Truesdell Podcast
Welcome to the Paul Truesdell Podcast. Two Pauls in a pod. Featuring Paul the Elder and Paul the Younger. So, what's the gig? Individually or collectively, Paul and Paul sit down and chat predominately at the Truesdell Professional Building and record frequently. They explain a few things about how life works before time gets away. They connect the dots and plot the knots, spots, and ops with a heavy dose of knocks, mocks, pots, rocks, socks, and mops. Confused? Then welcome aboard! You see, Paul the Elder and Paul the Younger enjoy telling complex stories that are always based on business, economics, and forecasting while having fun, laughing, and being among like-minded men, women, and children from Earth, Pluto, Jupiter, and Neptune. Individually and jointly, Paul the Elder and Paul the Younger, coupled with Team Truesdell, have been there and done it. If you enjoy front porch philosophers who take deep dives and connect the dots, while drinking coffee during the day and a whiskey after five, welcome.
It is a true pleasure to have you onboard.
This is, The Paul Truesdell Podcast.
The conversation revolved around various topics, including mobilizing a nation's workforce during times of conflict, the ongoing conflict between Ukraine and Russia, retirement income strategies, homelessness in Florida, community engagement and volunteer work, and the importance of adaptability in retirement. The speakers shared personal anecdotes and historical context, emphasizing the value of community connection and social support. They also discussed the challenges faced by individuals in Florida and the importance of adaptability in the face of global calamities.
Outline
Military manpower shortages and labor reallocation.
Truesdell and Truesdell discuss fears of trans ice hockey players posing a danger to girls, with Truesdell II suggesting boundaries will keep getting pushed until they're pushed back.
Tooth to tail ratio in military reallocation of resources, with few on frontlines.
Paul Truesdell, II discusses the history of immigration and labor shortages in the US, particularly during World War II.
Paul Grant Truesdell, J.D., AIF expresses skepticism about the idea of bringing in immigrant workers to fill labor gaps, citing language barriers and the need for skilled workers.
Geopolitics, US foreign policy, and the impact on domestic issues.
Paul Truesdell, II: Labor shortages in Ukraine and Russia, with poor reporting on economy.
Paul Grant Truesdell, J.D., AIF: Ukrainian government not run by Hunter Biden or Satanic pedophile elites.
Paul Truesdell, II, highlights the shift in geopolitical alliances worldwide and the lack of focus on geopolitics in domestic politics.
Truesdell argues that the US's ability to protect sea lanes and maintain global influence impacts the purchasing power of the US dollar, and that retreating from this responsibility would have severe domestic consequences.
Politics, economics, and retirement planning.
Paul Truesdell, II discusses the cataclysmic shift in how businesses operate and the trade-offs involved.
Paul Grant Truesdell, J.D., AIF shares his experiences with political campaigns, including Goldwater's position on Vietnam and NATO.
Paul Truesdell, II expresses concern about retirees' vulnerability to systemic changes and skill decay.
Paul Grant Truesdell, J.D., AIF asks a question about the age limit for driving commercial vehicles with a CDL license.
Social Security, retirement, and job opportunities.
Paul Truesdell, II explains that Social Security's trust fund will run out and lead to a 20-30% decrease in payments.
Paul Grant Truesdell, J.D., AIF predicts a generational conflict as boomers retire and millennials/Gen Xers may face reduced Social Security payments.
Paul Truesdell, II suggests that many retirees could supplement their income by working part-time gigs, such as driving for ride-sharing services.
Paul Grant Truesdell, J.D., AIF criticizes people who give money to beggars, suggesting that most are alcoholics or drug addicts taking advantage of the system.
Paul Truesdell, II discusses the reasons why some people become homeless, including addiction and lack of access to support programs.
He also mentions the consequences of minimum wage increases and the impact of inflation on property prices in Florida.
The importance of working and financial planning.
Paul Truesdell, II discusses how people are hiring others to do tasks that were previously done by volunteers in the community.
Paul Grant Truesdell, J.D., AIF shares examples of how community engagement has shifted from volunteer work to paid positions in churches and other organizations.
Truesdell discusses generational conflicts in church leadership.
Paul Truesdell: $7,500 income stream requires $196,000 investment (3.82% rate of return)
Paul Truesdell: $400,000 investment could generate $101,960 in income (with inflation considered)
Retirement, adaptability, and mindset.
Paul Truesdell, II discusses the importance of having a purpose in life, staying active, and meeting people to avoid boredom and loneliness.
Paul Grant Truesdell, J.D., AIF shares stories about his experiences with barbers who worked hard and saved money, and encourages listeners to think about their own financial security.
Paul Truesdell II emphasizes the importance of adaptability in retirement, citing examples of active retirees in their 80s who are still working and living fulfilling lives.
Paul Grant Truesdell JD AIF shares a client's story of living on $1,400 monthly and doing well, highlighting the need to reassess one's standard of living and acceptance level in retirement.
Population growth, food supply, and sustainability.
Paul Truesdell, II: Some people lack purpose when shopping at grocery stores.
Paul Grant Truesdell, J.D., AIF: Too many choices at grocery stores can lead to decision paralysis.
Paul Truesdell, II: China's population may be around 888-900 million, not 1.21 billion.
Paul Grant Truesdell, J.D., AIF: Nigeria's population is slowing down due to low birth rates.
Human resilience and self-sufficiency in the face of global calamities.
Paul Truesdell, II: People are afraid of nature, domesticated, and losing connection with it.
Paul Grant Truesdell, J.D., AIF: Americans are afraid of nature, while Russians are more resilient, like cockroaches.
Paul Truesdell II discusses human resilience in the face of global calamities, emphasizing the importance of community and collective effort.
Paul Grant Truesdell JD AIF adds that self-sufficiency is not necessary for survival, and that a community of people contributing their skills can be more effective than individual effort.
Russian military struggles in Ukraine and lack of experience among troops.
Truesdells discuss conflict, maintenance, and international relations.
Russia continues to form new brigades despite high casualties.
Truesdell highlights lack of experience in Ukrainian military due to low morale and inadequate training.
Russian rail system maintenance and its impact on military logistics.
The Russian rail system is wearing out, particularly for military logistics, leading to increased derailments and safety concerns.
The lack of institutional knowledge among train repair workers is a growing issue, as older trains are being repaired with manual methods and new trains are being manufactured with cassette-based systems.
Paul Truesdell and Paul Grant Truesdell discuss adapting to challenges like a cockroach, using real-life examples.
They criticize using the term "alleged" when referring to personal experiences, calling it a "low...
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