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Federal Government Gives Gun Maker License To Make And Sell Firearms With 3D Printer; Tiny Cyprus Makes Big Splash In Global Economy Today; March Madness Talk; Preview Of Inaugural CNN Show

Aired March 18, 2013 - 15:30   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

(COMMERCIAL BREAK)

BROOKE BALDWIN, ANCHOR, "CNN NEWSROOM": Bottom of the hour, I'm Brooke Baldwin.

Technology and health, global, showbiz new, we're hitting it all right now as we call this the "Power Block."

First up here, take a look at who is trying to save the longest remaining segment of the Berlin Wall, "The Hoff," David Hasselhoff, star of "Knight Rider," "Baywatch."

A developer wants to tear down the wall to make way for some luxury apartments. Hasselhoff's "Looking for Freedom" made him a huge star in Germany.

Hasselhoff also sang that song at the Brandenburg Gate back in 1989.

It's official, Tiger Woods and Lindsey Vonn, love birds. The golfer confirming on his Facebook page the two are, in fact, an item. She also mentioned it on her Twitter account.

The couple happy -- pictures of the happy couple. Of course, he's asking for privacy, Vonn recovering from a recent skiing accident.

(BEGIN VIDEO CLIP)

UNIDENTIFIED MALE: Primarily 3D printers are used to manufacture parts for antique cars and design prototypes.

UNIDENTIFIED MALE: And you think our killer printed a gun?

(END VIDEO CLIP)

BALDWIN: Guns made on a three-dimensional printer might actually be closer to reality than you think.

The federal government has given a 3D gun maker a license to make and sell firearms.

Zain Asher is on this for us this New York. And, so, how does this work? Is this -- can the group just start making and selling the guns right away?

ZAIN ASHER, CNN CORRESPONDENT: I mean, Brooke, yeah, technically they can, but they're actually not going to, right? They're going to wait for an additional license that's going to allow them to print and sell a broader range of guns and accessories.

Let me just tell you about this group. They're called Defense Distributed. They're a nonprofit organization. Their mission is to make guns more accessible.

Initially, they're going to sell their 3D printed guns to cover their overhead, but then they plan on giving away their design plans for free. Their hope is that anyone with a 3D printer will be able to make a gun without a permit.

Technically, by the way, it is legal to manufacture your gun without a permit or a background check as long as you have no plans to sell it to anyone else.

But let's talk about price. 3D-printed guns will be, at least for now, much more expensive than weapons made the conventional way.

Currently, the company is selling a 3D-printed, 30-round magazine for $50. That's double what it would cost in a retail store.

Brooke?

BALDWIN: OK. Zain Asher, thank you.

Teenagers are not getting all their vaccinations. Many are missing their shots to protect them against meningitis, tetanus, diphtheria and the cancer-causing HPV, human-papillomavirus. That's from a survey published today in the "Journal of Pediatrics."

The biggest reason parents gave? The shots aren't necessary. But in the case of the HPV shots, add fear.

Almost 44 percent of parents say they won't let their kids get the shots even as more doctors recommend them as safe and as effective.

"March Madness," bracket busters, bubbles bursting, it's tourney time. You've heard about the big-time schools that are the number one seeds, but do you know about this team?

They lost their season opener by 42 points. They're tied for the most losses ever for a tournament team, but they're dancing, all because of an amazing run. That's coming up.

(COMMERCIAL BREAK)

ALI VELSHI, CNN CHIEF BUSINESS CORRESPONDENT: The tiny island nation of Cyprus is making a big splash in the global economy today as European regulators try to dip into people's bank accounts and take cash out. From the CNNMoney Newsroom in New York, I'm Ali Velshi. This is "Your Money."

First, geography quiz, where is Cyprus? It's a small island on the eastern Mediterranean. Some people aren't quite sure it's Europe. Lebanon, Syria, Turkey are its closest neighbors. Cyprus is, however, part of the 17 nation European Unions.

It's got strong ties to both Turkey and Greece, and its economy and banking sector are struggling.

Now, three eurozone nations have already received bailouts from the E.U., Ireland, Portugal and Greece. Spain is colored a little differently because it's getting help with its banking sector.

The fourth one, the fourth bailout country, would be right here. That would be Cyprus.

Now, let's talk about what the issue is in Cyprus. A proposed deal over the weekend would have taken 9.9 percent of all deposits for bank accounts that have more than 100,000 euros in their accounts, 6.75 percent for all accounts with less than 100,000 Euros.

The Eurogroup president explains why.

(BEGIN VIDEO CLIP)

JEROEN DIJSSELBLOEM, EUROGROUP PRESIDENT: The reason why this package, including this levy, has been chosen has to do with the specific characteristics of the problems and the banking sector in Cyprus' banking sector, which is, as you know, more than five times the size of GDP, if you would include the Greek branches, more than seven times.

(END VIDEO CLIP)

VELSHI: So, the banking sector is much big than the entire economy. In exchange for letting the eurozone take money out of the accounts, Cyprus would get the bailout that it needs.

Now, that caused Cypriotes, as residents of Cyprus are know, to rush to the ATM this weekend, but many machines had a 400 euro limit on withdrawals. Others wouldn't let account holders take any money out.

Banks were closed Monday for a holiday. They won't open until at least Thursday.

CNN's Jim Boulden is in Cyprus in the capital city. Jim, what's the latest on this deal that people have been so upset about?

JIM BOULDEN, CNN INTERNATIONAL CORRESPONDENT: Well, what the people here are hoping for, Ali, is that somehow the eurozone will blink, somehow they'll change that levy to bring down the interest rate, the rate of the money that will be drained out of their bank accounts. Of course, it hasn't even been agreed to here in the parliament. Parliament will vote on Tuesday.

It's that window, Ali, that's worrying people because they thought the banks were going to open tomorrow morning, but it wasn't going to be agreed to until tomorrow night. That's why they're going to close the banks tomorrow.

So, we won't be seeing people here on the streets lining up at banks that we felt we might to get their money out. They just won't be able to do that. Many ATMs running out of cash already.

And, Ali, the reason this is different from the other bailouts is because there is so much Russian money here. This is a huge place for Russian investors. A lot of people taking their money out of Russia, they've come to Cyprus, so that's why the banking sector is so good.

The goal is to shrink the banking sector to be more realistic in this country to the size of the population. It's only 800,000 people, but so interesting because this has spooked people again about the eurozone because the bailout isn't that big, 17 billion euros or so, much smaller than Greece.

It's just that they want people on the ground to pay for it this time.

VELSHI: A very different approach. Jim Boulden in Cyprus and he just mentioned the Russians. Some powerful Russians are also voicing their displeasure with this bailout.

Russian President Vladimir Putin calls the plan, quote, :unfair, unprofessional and dangerous." Prime Minister Dmitry Medvedev said, quote, "It looks like confiscation."

What does -- you know, Jim talked about Russia. What does Russia got to do with Cyprus? Well, in Cyprus, the lax foreign investment laws and a 10 percent flat tax make it an attractive place for wealthy people and corporations to park their money.

Moody's estimates that about $19 billion in Russian cash is in banks in Cyprus.

Now, the Central Bank of Cyprus says Cypriotes account for 63 percent of all the money in Cyprus banks. European Union residents account for seven percent, but a whopping 30 percent belongs to residents in the rest of the world, including a lot of them from Russia.

Now, as part of the bailout deal, Cyprus has agreed to an international anti-money-laundering audit. We're not seeing any money -- any market reaction here in the United States so far, nor do we expect any direct economic implications here in the United States.

From the CNNMoney Newsroom in New York, I'm Ali Velshi. Same time tomorrow.

(COMMERCIAL BREAK)

BALDWIN: Here at CNN we've got a little March Madness. You can be sure we will all be following the NCAA action.

Check this out, larger than life bracket smack dab, boom, in the center of the CNN Atrium. Got to love that if you're a basketball fan.

Of course, the four number one seeds, right? So, you have Louisville, Kansas, Indiana, Gonzaga. We knew they'd be in. There is one team, though, that no one thought would be dancing this March.

For more on some tourney talk and basketball, et cetera, we're talking to four-time NBA champ John Salley, hello, and CNN sports reporter Rachel Nichols. Guys, welcome.

Rachel Nichols, let's begin with you because let's talk. I mean, I love it time of year. I went to Carolina. I'm a big college basketball fan.

Who was the biggest surprise to make the tournament this year?

RACHEL NICHOLS, CNN SPORTS CORRESPONDENT: Yeah, so, if you went to Carolina, Brooke, you know nothing like the pain of Liberty University, which was a surprise to be in this tournament, not just to all of us, but to Liberty's coach, to all of their players, pretty much everyone who went to the school after they lost their first eight games.

They lost their first game by 42 points. This is not what we call a tournament team.

This team had a major player injured. They had two players quit. Their assistant coach was arrested.

But if you don't know Liberty University, it's in Virginia. It's actually the school that preacher Jerry Falwell founded.

This is a school and a team that knows something about faith. They had a lot of faith, they turned their team around, and as their coach tells us after they won the Big South tournament and got that automatic NCAA bid, now, with his players, he doesn't really have to encourage them. They just believe.

BALDWIN: So, Liberty believing, they're hoping to believe all the way. I don't know how far they're going to get.

John, you're wearing my Carolina blue, although I know you're a Georgia Tech boy. They didn't make the field this year. I love the Cinderella stories.

Do you have any predictions as far as who could be that team, you know, the people not as many people have heard of that could really make it pretty far?

JOHN SALLEY, FOUR-TIME NBA CHAMPION: I don't know about anybody you haven't heard before. Gonzaga, the fact that they're in the top four now, before they used to always be the team that crashed into the dance. Now they're like a big name in the dance.

I just really, after watching last year, watching Louisville, I'm telling you, I looked at Pitino when I was down there and I'm going to see him again when I come there with Prime Sports.

And I'm telling you, Louisville is the team that's going to win. I'm just -- right now, before everybody gets to it, I know my brackets kick in. I'm calling Louisville.

BALDWIN: In terms, though, of the excitement, whether you're a one seed, you're the Cinderella story, the part of the "March Madness" I kind of love is that I sort of feel like you have a freebie for being less productive at work.

I mean, not that I'm calling myself out and saying this, but there's always that study like each and every March. You know, employees are less productive because some people -- Rachel, I guess you get paid to get to do this -- get to watch all these basketball games and not work as hard.

NICHOLS: Yeah, we get to watch television for a living, you and me, Brooke. But there's people who don't do that professionally who will, I will say, be doing that professionally over the next couple weeks.

And it is exciting. I don't want to burst John's -- John, I don't want to burst your bubble over there, but the NCAA selection committee did make Louisville the number one overall seed, so I'm not sure Louisville's a secret.

But I will say there is no doubt that they are a fun team to watch in this tournament. John is exactly right. They have a great shot to win it all.

And it's a little spun for Louisville fans because their cross- state rival, Kentucky, the team that won the tournament last year, they're not even in this year. They didn't make it. They were going on the "one-and-done" philosophy, had some great stars who then went on to the NBA this year, and, unfortunately, the new group of "one- and-dones" came in, really couldn't become a cohesive unit.

So, not only is cross-state rival Louisville the number one overall seed, they're going to be playing in Kentucky's arena in Lexington. And Kentucky, which was bumped down to the NIT, they are have to leave their home arena to make room for their rival while they go play on the road.

BALDWIN: We'll see how they do. Definitely not a secret.

But, John, I want to end with some pro-basketball here because I was actually talking to Rachel about this last week, The Heat's streak. I mean, they have tied the second-longest record in NBA history, 22 wins. They're going to 23 tonight against the Boston Celtics, a team which, thank you, Vish (ph), this was an awesome little nugget. Boston was the one that actually ended the 22-game winning streak. It was actually five years ago today.

Do you want to make a call on that tonight?

SALLEY: I'm telling you if Garnett doesn't play -- he's 50-50 to play -- I'm going with these guys right here. I'm going with the -- they're in a flow.

BALDWIN: You're going with The Heat?

SALLEY: I'm going with The Heat.

When I was on Chicago, we had a long stay on the Lakers, 19 games. It becomes pretty, you know, cumbersome when you sit around and you go, man, I hoped we don't lose tonight. I hope we don't lose tonight.

Yeah, but it's an added pressure that's great for you.

BALDWIN: OK, John Salley and Rachel Nichols, thank you. Go Heels, even though my boys are eighth seed. Whatever, we'll move on. Thank you, guys. Thank you. "March Madness," I love it.

Coming up next, Jake Tapper joins me to preview his new show which debuts in a couple of minutes. What he doesn't know, we'll have a little fun with Jake Tapper, our new CNN anchor, and have some surprise questions for him. Don't miss this.

(BEGIN VIDEO CLIP)

UNIDENTIFIED MALE: We're going to be putting this device on Sanjay and, so, we measure the heart rate and respiration rate, what we call the physiology.

DR. SANJAY GUPTA, CNN CHIEF MEDICAL CORRESPONDENT: I'm Dr. Sanjay Gupta.

This weekend on "The Next List," how wireless health care could change your life.

DR. LESLIE SAXON, USC KECK SCHOOL OF MEDICINE: It's a very much more sophisticated way to assess somebody's fitness, real-time, and allow them to create a plan around their fitness.

NICK SWISHER, CLEVELAND INDIANS: Everything's getting more and more precise and can help you to either, you know, elongate your career or make it the best it can be.

SAXON: I'm continually interested in and fascinated by how much athletes, patients, everybody wants their own data.

GUPTA: Meet Dr. Leslie Saxon, this Sunday on "The Next List."

(COMMERCIAL BREAK)

BALDWIN: In a matter of minutes, if we're counting, because Jake Tapper apparently is on his Twitter page, there are seven remaining until the big debut of Jake Tapper's new show.

But first, he's going to talk to me every day right around this time with a preview.

So, Mr. Tapper, you know ...

JAKE TAPPER, ANCHOR, "THE LEAD WITH JAKE TAPPER": Hi.

BALDWIN: Hi. You know, I kind of like this guy with the white beard. He used to follow this show.

So, tell me, my new friend, what do you have to bring to the table?

TAPPER: Wow, that's harsh. I certainly in no way ...

BALDWIN: No harshness meant.

TAPPER: I mean, you know, who can compare to Wolf Blitzer? I can't, if you're asking me.

All I can say is that I'm here and I hope you'll be nice to me and, you know, I didn't know that I -- you know, he's a tough act to follow.

BALDWIN: He is a tough act to follow. I think it's going to work out well for you.

You know, you mentioned in your promo that you know a little bit of everything, so I just wanted to know. There has to be something you don't know that you would really like to delve into and cover on your show.

What would that be?

TAPPER: I don't know a ton. Really, that's what I was trying to say. I think that that promo might have been misunderstood.

I don't know a million things. I'm interested in a lot of things.

I heard that you're a UNC fan. I tell you this. I am also a big Tar Heels fan. And I also am upset that they're only seeded number eight.

My mom went to Chapel Hill. My grandfather taught at Chapel Hill.

BALDWIN: Wow, you're rocking my world, Jake Tapper.

TAPPER: So, I mean, you know, I'm on that program.

I bet you didn't pick them to go all the way, though, did you?

BALDWIN: I'm dragging my feet a little bit on the bracket thing that I have to do today. My team is making me not put them as number one, though I am pretty loyal.

TAPPER: 'Tis a fight between the heart and head, is it not?

BALDWIN: You know, I'm a heart gal. I really am.

Since I have you, I'd like to play a little word association.

TAPPER: Great.

BALDWIN: This is the kind of thing I like to do with ...

TAPPER: I haven't done that since my last psychiatrist appointment, so I'm very excited. Yes, very excited.

BALDWIN: OK, here we go, Jake Tapper. Number one, we're going to start easy. Congress?

TAPPER: Dysfunction.

BALDWIN: White House spokesman Jay Carney?

TAPPER: Not answering my questions.

BALDWIN: This is more of like ...

TAPPER: That's not -- stonewall.

BALDWIN: Stonewall?

TAPPER: Quiet.

BALDWIN: Philly cheese steak.

TAPPER: Oh, I know. Ironically. He's a big mis-user of the word "ironic."

BALDWIN: Such a pet peeve. I cannot stand it when ...

TAPPER: He misuses it more than anyone since Alanis Morissette, and it really bothers me. And I've told him that.

BALDWIN: Maybe that will change.

TAPPER: No.

BALDWIN: You're a Philly boy. Philly cheese steak, Pat's or Gino's?

TAPPER: Gino's. The bread -- the bread is just -- that's what does it.

BALDWIN: That's what does it for you? TAPPER: Yeah.

BALDWIN: John Berman?

TAPPER: Oh, mischievous. Scamp.

BALDWIN: What did you say?

TAPPER: Mischievous or scamp.

BALDWIN: Scamp? OK.

TAPPER: That doesn't work for you?

BALDWIN: I'll ask. We'll see if he does.

Last one, Big Gulp?

TAPPER: Permissible. The Big Gulp is permissible in the New York City soda ban, just so you know, because it's covered by a different part of -- it's covered by the state, not the city.

But it's funny that you should bring that up because ...

BALDWIN: There you go. That's the segue for you. Take it away.

TAPPER: Actually, we have an exclusive interview with New York City Mayor Michael Bloomberg. We will talk about both the soda ban and the snag, the oversized soda ban and the snag, as well as he just did something today to try and ...

BALDWIN: Cigarettes, what's going on with that?

TAPPER: ... to try and ban cigarettes from being visible in retail stores. He's going to try to keep them behind the counter, so we will talk to him.

And then we also have, of course, Lebron James. Our own Rachel Nichols brought Lebron.

And then I have a thing -- an interview with Mr. Stephen Colbert whose sister is running for Congress, and her primary is tomorrow, as I know you know.

BALDWIN: I can't wait. Of course, I watched the preview of the interview that you guys put on "The Lead" Blog, CNN/TheLead.

See, I know some things about Jake Tapper, so I am here for you.

So, Jake, I will see you each and every day at 4:00. We thank you and we'll see you in a couple of minutes.

Let me move on before I toss things to you.

You've probably seen people jump off a lot of things, but, you know, how about jumping off something and then zipping through something?

Take a look at this video. How they planned this daredevil stunt, next.

(COMMERCIAL BREAK)

BALDWIN: Death-defying stunt, daredevil flying over, through buildings. This is Rio de Janeiro. It tells us the gap between the buildings 22 feet across. Planned the stunt using -- what else -- Google Earth.

That's it for me. "THE LEAD WITH JAKE TAPPER" starts now.