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  • Predictions for the Year

    2010 - 01.16

    Listeners are requesting some of John’s predictions for the year,
    so we kick off with an extended boralogue looking at some of
    the issues facing us over the next 24 months or so.

    Speaking of predictions, for a long time we’ve predicted that as
    the country’s financial situation fell apart, the government would
    greedily eye the money contained in private retirement plans and
    cook up a way to seize it. The first rumblings of such a plan to
    “convert” 401(k) might be emerging as we watch. Jeff Plungis from
    Bloomberg (www.bloomberg.com) joins the show to report on that
    latest proposals.

    President Obama this week announced his plan to tax financial
    transactions to recoup bailout money for the taxpayers. What he
    hasn’t told the taxpayers is that they’re going to have to pay the
    tax for the tax they’re supposedly getting back. This segment
    features a line-by-line analysis of the President’s announcement
    and then compares it to President Franklin Delano Roosevelt’s
    inaugural address of 1933.

    Finally, another executive order has popped out from the White
    House creating a council of governors to help coordinate military
    action inside the United States. People are wondering what’s this
    all about. Bob Unruh from Worldnetdaily (www.wnd.com) is the final
    guest today.

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