in january officials from city dwrowp, goldman sachs and bank of america and morgan stanley met with federal officials to discuss what they say in a hidden flaw of a new proposal. it is aimed at forcing the biggest banks to add extra layers of financing to protect against losses. they may be forced to hold more capitol than rye will haves especially insurance since that's what the dollar expects. what does this mean for the rest of us? joining me to discuss former cia operative mike baker. we have the former president of "red eye" and fox news contributor john bolton and shepherd smith, fox newschannel and fox news sewn yes, sir correspondentgeraldo, rivera and joining me fox news correspondent and everyone's happy hour partner phil keatig. we have greg jarod and the host of "making pain" who you can see and we have new york trial attorney and fox news legal analyst arthur. so glad you can be with us this evening. joining them is former u.s. marine corp and host of war channels, oliver north. we have the famous nicholas cage. it is great having him. john mccain and joining us as well