SAR-Guest L. Todd Wood and the Bank Crisis in Cyprus

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We Celebrate Our First Full Year On The Air In This Episode!!


Banks have reopened on the Island nation of Cyprus but depositors are restricted to only being able to withdraw 300 Euros of thier own money.  This after a run on banks caused by a bailout plan  included a levy on all Cypriot deposits including those of less than €100,000 insured under EU rules.  All of this was caused by huge losses from Greek debt that threatend to collapse the once huge banking industry in Cyprus.  Can this happen here in the United States?  Are your deposits safe or could the Federal Government raid your accounts to bail itself out of ever increasing debts?  We'll get insight from financial expert L. Todd Wood author of "Currency" http://www.amazon.com/CURRENCY-ebook/dp/B006O1J0VY available on Amazon.com.

Also on this episode we'll look at the Supreme Court's Work this week on two cases revolving around same sex marriage.

We'll Also look at how the President is using the bully pulpit to "shame" Congress into passing gun control and White House Spokesman Jay Carney says the administration expects Sheriffs to follow the law...just don't expect the White House to follow the Consitution I guess.

Florida is moving forward with a plan that allows teachers to be armed to better protect our children.

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