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[85] Cate Long on Puerto Rico's Bonds: "The smell is worse closer to the poop pile"
Our lead story: Sanctions Round 2 in US vs. Russia. Thursday morning US President Barack Obama announced further sanctions on Russian officials and a bank over the crisis in Crimea. President Obama also signed an order enabling the US to impose sanctions on sectors of the Russian economy.
Tensions are HIGH as Moscow approves a treaty enabling to join Russia. Erin reports.

Cate Long, the author of Muniland, joins Erin to talk about the municipal bond market in Puerto Rico and Detroit. After the break, Erin brings you her discussion with John Mauldin of Mauldin Economics about Keynesianism.

In today's Big Deal, Edward Harrison sits down to translate Fed talk. Federal Reserve Chair Janet Yellen gave a much-anticipated press conference. Edward helps break down the message.

Also check us out on Facebook:
http://www.facebook.com/BoomBustRT
https://www.facebook.com/harrison.writedowns
...
https://www.youtube.com/watch?v=OSDSgeVZCng
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