Topic: National Debt Clock

During a press conference regarding the debt ceiling, President Obama claimed he would be turning 50 "in a week," despite his actual birthday being August 4th, nearly three weeks away. The hosts revisit their theory of "two Obamas," suggesting a programming error or a failure in the President's internal clock. They note his aging appearance and the repetitive nature of his public addresses on the budget crisis.

The impact of the stock market collapse on 401k and IRA accounts is discussed, with a warning against privatizing Social Security. The hosts explain how investors can use Exchange Traded Funds (ETFs) like PowerShares to "short" the market within their retirement portfolios, a tactic typically unavailable through direct stock ownership in those accounts. The segment also notes the National Debt Clock running out of digits in New York.