Angie Miles talks about new highs in the market. Angie believes that foreign geopolitical problems are in the market pricing. She believes the problems in Greece and Ukraine will work out. She believes earnings have been good and Americans now have more disposable income. Bubba thinks that Greece is a non event. Angie thinks that the Apple Inc. trade has been in the market she cites the heavy buying in the out of the money calls. Angie thinks that the Fed will raise interest rates in June.Jane King comments that the Baltic Dry Bulk index is now on an all time low, and that is bothersome. Jane questions what will happen when rates rise, if there is a problem who will bail out who? Jane says that the middle class is not benefiting from the rise in equities. She comments on the cost of health care and the burden on the average worker.The Badger talks about the Interest on excess reserves (I.O.E.R.) and how that affects the Feds QE program. The Badger comments on the problem that U.S. banks foresee with the new Dodd-Frank regulations. Bubba questions whether Congress should be able to audit the Fed. The Badger states that he thinks having the politicians get involved with monetary policy is a mistake.The Badger uses an example of how New Jersey pols came to the aid of casinos to overturn a loss at major Atlantic City casino. He points out that by allowing the politicians to influence the Fed, it could have some nasty consequences. Bubba comments that Congress is full of smart people, but that doesn't mean they can run the country like a business.