Guest host Mark Steyn opened the show by lamenting the fact that as he returned from Europe, he noticed that his home state of New Hampshire is now covered in signs. He spent a good deal of time pondering the necessity of signs that tell drivers that there's a stop sign approaching and described this as a waste of government money.

Another big topic was President Obama's speech last night, and it will probably not surprise you to find out that Steyn didn't like it. He said that the speech had “no sense” of America as an “ordermaker” and that it had no “strategic vision.” He also said Obama told the world in the speech that “we are moving into a post-American world.” Steyn segued from criticizing the speech to making faulty comparisons between the cost of the Iraq war and the stimulus.

After deriding the government for spending money on outreach to the Muslim world -- especially on Imam Feisal Abdul Rauf's recent trip abroad -- Steyn returned to complaining about domestic spending and minimizing the costs of wars. He said that the Iraq war was a small amount comparatively and declared, “Wars end; entitlements don't. Entitlements are the real quagmire.”

Later in the show, Steyn said that Obama is “more typical of what's wrong with this country than you might think” because he went to good schools and then decided to become a community organizer, which Steyn called a “deformed economic model.” And after complaining about deficits and debt, Steyn said he doesn't think governments should be running surpluses as the U.S. did under President Clinton. Steyn said this amounted to the government “taking more of” taxpayers' money “that it doesn't have a purpose for.”

Highlights from the show:

Steyn complains about deficits, debt, and surpluses

Steyn: Obama is “more typical of what's wrong with this country than you might think”

Steyn: “Wars end; entitlements don't”

Steyn follows Fox News in dishonestly comparing costs of stimulus to Iraq War

Steyn on Oval Office address: Obama told the world “we are moving into a post-American world”