Back in 2008 prior to the November elections just who was predicting an unemployment rate of 10% (and inflation greater than 20%) ? Nobody? Wrong!
In case you haven't noticed these figures have arrived and in many places throughout the country they are doubled the predicted rate. During an interview with Peter Schiff in October of 2008, Glenn Beck mentions these numbers and he was right on the money (both the percentage and the time frame). Of course all of us who have the same "common sense" that Glenn speaks of knew exactly the same. In case you have an interest, this video was originally posted on this website back on October 14, 2008, the day after Beck's interview...you can find it accompanied by much commentary by clicking here. ~ Norman E. Hooben