We start off with an update on the federal bailouts of the struggling mortgage finance giants Freddie Mac and Fannie Mae. Then we’ll look at how some countries around the world have combined authoritarian government with a free-market economic system. Also two-time Grammy-winning jazz pianist and composer Billy Childs performs live! And Thomas Chatterton Williams gives an account of being drawn into the hip-hop culture and how his father pulled him out of it. Plus, we’ll examine the Obama Administration's new national security positions...and why they are so controversial.