our guests are back to tell us what we should know as the news unfolds this week. first, i'll start with you, james polit >> jeff: of the daily caller and post modern conservative. what should folks know? >> this is a story the wall street journal has been covering. shadow lending in china is becoming a problem. beijing is trying very hard now, i think a little too late to get on top of this practice. it's a problem not just because banks are lending off the books at different rates and impacts mortgages and housing in china. but also increasingly they're repackaging loans into investment deals to try to get out from regulations to keep inflation under control. the chinese know this is going to become a problem. from my house, i could see this would be a problem in china