Eh I guess it would have helped if I read the log a little bit more closely. After reviewing the messages log I found the following message:
Jul 23 00:01:01 baggins kernel: b43legacy-phy0 ERROR: You must go to http://linuxwireless.org/en/users/Dr...devicefirmware and download the correct firmware (version 3).
Once I installed the right firmware (3.130.20.0) and rebooted, my wireless card started working.
iwlist wlan1 scan yeilds:
Cell 02 - Address: 00:04:5A:F9:B9:0E
ESSID:"lomac"
Mode:Master
Channel:6
Frequency:2.437 GHz (Channel 6)
Quality=76/100 Signal level:-49 dBm Noise level=-68 dBm
Encryption key
n
IE: Unknown: 00056C6F6D6163
IE: Unknown: 010482840B16
IE: Unknown: 030106
Bit Rates:1 Mb/s; 2 Mb/s; 5.5 Mb/s; 11 Mb/s
Extra:tsf=00000328f498f68e
Extra: Last beacon: 248ms ago