Joan and Jim begin by reviewing the Immigration Bill being debated. They move on to talk about the water challenges much of the U.S. is dealing with -- either too much, or not enough, plus business opportunities that may come from all of this. They move on to talk about opportunities that may be found for home-buyers who know how to negotiate. Next they discuss Fred Thompson as a presidential candidate, and why small businesses should be concerned about what the IRS calls the "Tax Gap."