Jan 16, 2010

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Predictions for the Year

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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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