Today’s theme – A shrink session on the economy
Glenn reviewed a number of disturbing events from around the world
- North Korean artillery shelling Sough Korean island
- He showed an ad sponsored by the AFL/CIO supporting the workers at TSA
- Japan announced they are in an economic lull.
- Iran’s parliament moves to impeach President Mahmoud Ahmadinejad. Action stopped by the Ayatollah.
- Iraq and Afghanistan wars still ongoing – now 9 years into them
- Ireland – Riots about the IMF bailout. Portugal next, probably followed by Spain
- 860 troubled banks
- U. S. Debt ceiling limit raise looms
- TSA screening
- Patriot Act – Who wrote the Patriot Act? – Joe Biden. When? - 1995.
- Government run health care
- Dollar to be the world’s weakest currency – J. P. Morgan
- The Federal Reserve projects higher unemployment and lower economic growth
Five Stages of Grief
- Denial – World’s troubles won’t affect America.
- Angry – First it was the TEA Party. Now the left is angry with Obama.
- Bargaining
- Depression
- Acceptance
Somebody is designing the future. You can be part of that process or be whipsawed because of it. Glenn talked about natural gas and the announcement of a few days ago where the Chinese announced that many of their new cars would run on natural gas.
Guest – Keith Ablow, Psychiatrist
They had a discussion about denial with the audience.
- The bigger the threat, the greater the need to deny.
- Sometimes you avoid information that is uncomfortable
The 8/28 rally got Glenn out of his depression stage and onto acceptance.
Wilmington, OH, The town where 7,500 workers were laid off out of a population of 12,000 gives him hope.
Guest – Army Capt. Scotty Smiley and his wife Tiffany.
- Blinded by an IED in Iraq
- He is the first totally blind active duty army officer
- He heads up the Warrior Transition Unit
- Author of “Hope Unseen” http://www.amazon.com/Hope-Unseen-Story-Active-Duty-Officer/dp/1439183791/ref=sr_1_1?ie=UTF8&s=books&qid=1290617466&sr=1-1-spell
- He says that life is 100% better now. He would not change anything.
- He has led an active life since his wounds, climbed Mt. Whitney, gone sky diving, snow skiing, surfing, etc.
Plymouth, MA
· The site of the first Thanksgiving
· Holds a parade every year
· The theme of the parade this year is personal and private charity
· On camera interviews with parade sponsors about the pilgrims and how those characteristics apply today.
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