Alan covers some current events. Todd discusses the short position he took on the S&P at the 1850 level. Jimbo talks about the misinformed press. Mike Larson discusses the bond and real estate markets. Doug Altner talks abut the NLRBs latest attack on Wal-Mart. Alan discusses the early days of the Home Center industry. Doug Altner returns to talk about the governments fuel mandates on the auto industry. Alan ends the show ranting on the Federal Reserve.