inflation. remember? we re sending all the money around the world. it s going to be great. one big happy family. we just keep printing more money. how is it costing us more for cereal? well, there is a couple of reasons. why does coffee cost more, glenn? one, the emerging world. oh, my gosh. places like india. there s more demand for meat. eggs, cheese. wheat. rice. cereal. because the emerging countries, because they have big demand now, the same countries that we re being told here we have to lower our lifestyle, so the other countries can have more. this is all by design, gang. the only way to make you consume less is make things more expensive and the emerging economies can make more. it brings us all in to
what better company than godded country? glenn: he does the work for free. it s voluntary. to restore values to the town. i think it s important to focus on the core values that we believe in. that we all share. to me, that commonality is the american flag. and to honor his friend. the motivating factor behind me doing the flag project is greg stubie. glenn: a decorated special forces army sergeant, a good friend of mine as well and an american hero. he was severely injured by i.e.d. in 2006 when the humvee burst into flames. scrapnel sprayed his thigh and intest tins.
federal reserve unveiled a plan to boost the economy. it gained 220 points to bring it to the highest level in more than two years. emergency landing of a flight after suspicious cargo was reported on board. all passengers evacuated safely and bomb squads are ceremonying the jet. for more on the stories, visit foxnews.com. glenn beck returns in a moment but first bret baier previews special report . bret: we start inside the capitol, near the house floor for interview with the man expected to be the next speaker. tax cut, spending, healthcare. we touch on a lot of topics with congressman boehner at the top of the hour. glenn: yes, democrats lost big on tuesday.
with anything. quantitative easing we did yesterday. what is it? a hidden tax. it s tax on me, you, every american. especially working class, because it hits them the hardest. closest to the edge if they are in the middle class, working class or lower class. what was it that barack obama promised us during the campaign? do you remember? i can make a firm pledge. under my plan, no family making less than $250,000 a year, will see any form of tax increase. not your income tax, not your payroll tax, not your capital gains taxes. not any of your taxes. glenn: he can keep his word. he can keep his word. when they do qe2, they re not imposing a tax technically. they re not giving you a tax. inflation is a hidden tax.