The “Cyprus deal” as it has been widely referred to in the media may mark the next to last act in the the slow motion collapse of fractional-reserve banking that began with the implosion of the savings-and-loan industry in the U.S. in the late 1980s.

The Daily Caller has learned that Kentucky Republican Sen. Rand Paul is endorsing Sen. Mitch McConnell for re-election in 2014, ending speculation that Paul would back a tea party challenge to the Senate minority leader.

The surge in interest has exploded the overall value of the Bitcoin economy.