Alan discusses the Imperial Presidency. Todd looks for a mild selloff. Redmond Weisenberger of the Mises Institute of Canada talks about the view many Canadians have towards the fiscal policy of the U.S. Federal Government. Mike Larson of Money and Markets discusses the Fed and the impact tapering will have on the bond market. Doug Altner of the Ayn Rand Institute talks about a variety of topics. Brett Bitner weighs in on current events. Alan ends the show with some events in U.S. history.