Alan discusses the current all time high beef prices and other current events. Todd looks to short the S&P again around the 1860 level. David Corbin talks about Federalist Paper No. 38 in contrast to recent comments by President Obama. Dr. Ileana Johnson discusses her recent trip to the Smithsonian Museum. Dan Holler talks about the light congressional legislative agenda. The show ends with John Rubino and a discussion on the pending collapse of the global financial system.