News stories are disconnected. Take, for example, the front page of the Financial Times. One story is “Jobs Data Increases Confidence in Recovery” while another says “Food Price Shock Threat as Commodities soar”. No context for either is provided.
Glenn had some ice cream on the set and talked about how ice cream is his favorite food as he ate some. He said that before he went on vacation, the price of that ice cream was $2.19. When he returned from vacation two weeks later, the price was $3.55.
Glenn says that we will all have our “Ah Ha” price moment. His was with the price of ice cream.
Trust
- He discussed trust and how little there is of it these days.
- Who do you trust?
- Do you trust the “experts”?
- He advises you not to trust him.
- He advises you to trust yourself.
- Trust is failing.
- Without trust, families, business, and society will fall apart.
He showed a graph that indicated from where people got their news. This current survey indicated that, for the first time, most people under 30 get their news from the Internet. He attributes some of this due to the fact that people no longer trust the print media.
He discussed the mystery deaths of birds and fish that have been in the news the last few days. None of the newspaper articles provided any context, so he went to the Internet and Googled mass fish and bird deaths. It turns out that there are thousands of hits for the search criteria he used. Deaths of millions of fish have been reported in various countries over a number of years. He could only conclude that this is a normally occurring, but rare, phenomenon, although he could not explain the causes of it.
He then discussed current gasoline price at $3.07 per gallon. But, you haven’t been reading about high gas prices. During the last administration, Bush was pilloried about high gas prices at $3.00 per gallon in 2006. Where is everybody now? He then showed a video clip of Obama from 2006 saying that his energy policies would cause energy prices to “necessarily skyrocket”. None of the news stories discussing high oil prices have even mentioned this. He rhetorically asks, “Why not?”
Oil drilling in the Gulf has not restarted. The reason, he feels is Cass Sunsteen and government red tape. Everyone else in the world is drilling for oil, but we are not.
China
- Now consumes three times the amount of coal, as does the U.S.
- It is second largest in terms of oil consumption.
- It is projected to increase oil consumption 80% in 20 years.
Who is looking out for you?
- He showed a video clip of Nancy Pelosi declaring that even if everyone was happy with their existing health care and everyone was covered, they would have still had to pass the health care bill. Glenn asserts that the government is not looking out for you.
- He also asserts that the media is not looking out for you.
- And the unions? He ran an audio clip of Richard Trumpka, the President of the AFL/CIO union discussing why he got into the union business. He said that it was not to improve wages and conditions for the membership; it was to be able to foster substantial social changes. He, Trumpka, is attempting to implement the progressive agenda.
He next discussed the publishing business. He works with publishers. He said that the classics of literature have historically brought in about 18% of sales. However, recently the classics are only brining in about 11%. Something is happening with the classics.
He held up a copy of Huckleberry Finn. He said that there are some offensive words in this book, “Injun” and the N-word. And they will be removed. The N-word occurs 219 times in Huckleberry Finn and it will be scrubbed. He then held up a poster of a rap artist. This artist has a rap song out with 47 instances of the N-word. He points out that our children will not be able to read the N-word, but will be able to hear it a number of times per day on their iPods.
He feels that the classics allow us to see our scars. To see how things used to be and how they have changed. When those scars have been removed, he will have lost that opportunity to educate his children about why. Why those words are offensive and why they should not use them.
Congress read aloud the constitution today as amended, not as written. He pointed out that the 25th amendment was read that allowed everyone to drink alcohol, but not the 18th amendment that prohibited it. He wonders if anyone will ask why the constitution explicitly allows people to drink when the abolition was not even mentioned.
He noted that another amendment that was not read was the 3/5ths clause that counted blacks as 3/5 of a person for the purpose of representation. He feels that if you feel that the 3/5 clause is offensive, you are ignorant. He then discussed why the 3/5 counting of blacks was a time bomb to get rid of slavery.
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