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When news broke of a 2 billion dollar trading loss by JP Morgan, much of the financial world was absolutely stunned. But the truth is that this is just the beginning. This is just a very small preview of what is going to happen when we see the collapse of the worldwide derivatives market. When most Americans think of Wall Street, they think of a bunch of stuffy bankers trading stocks and bonds. But over the past couple of decades it has evolved into much more than that. Today, Wall Street is the biggest casino in the entire world....

The video “released” yesterday by FOX and Breitbart is NOT one of the videos for which Andrew Breitbart lost his life. The video played yesterday was already available as it was part of a program aired by Frontline back in 2008. Proof. There have to be other videos. Go back to Breitbart’s own statement that there are videos of Obama. This is not a slip of the tongue. He says videos, plural, multiple times. He further states that, “Barack Obama met a bunch of silver-haired, ponytails back in the 1980s like Bill Ayers and Bernardine Dohrn who, equally radical, said...

"I've got videos. This election we're going to vet him" "To show why racial division and class warfare are central to what hope and change was sold in 2008." "The videos are going to come out; the narrative is going to come out that Barack Obama met a bunch of silver ponytails back in the 1980s like Bill and Bernadine Dohrn, equally radical, who said one day we're going to have the presidency. And the rest of us slept while they plotted...."

Turnabout is fair play, so they say. After Politico first reported a story last week of allegation of sexual harassment from Herman Cain by two women, then continued on to report and even promote the report with 90 Cain stories in five days, the notion of innocent until proven guilty has been voided according to conservative radio show host Rush Limbaugh. However, on his Friday radio program Limbaugh proposed using Politico’s rules against Politico by getting a conservative “Larry Flynt,” the publisher of Hustler magazine that offers money for sexual misconduct by Republicans, to do the same against the media,...

A Louisiana man arrested yesterday for driving around a Walmart parking lot with his penis exposed explained to cops that “he gets aroused” when visiting the retail giant, according to a police report.

If there is one thing that matches John Paulson's dramatic conversion to the anti-Midas of our times, it is Tim Geithner's uncanny ability to say something only to be proven to be a pathological liar within months if not weeks (who can possibly forget: "Is there a risk that the United States could lose its AAA credit rating? Yes or no?” "No risk of that."). Now we can add hours. Because it was only yesterday that in testimony to Congress, he said in an attempt to be the latest to defend Morgan Stanley, that "The direct exposure of the U.S....

This then is the message which we have heard of him, and declare unto you, that God is light, and in him is no darkness at all. If we say that we have fellowship with him, and walk in darkness, we lie, and do not the truth: But if we walk in the light, as he is in the light, we have fellowship one with another, and the blood of Jesus Christ his Son cleanseth us from all sin.( I John 1:5-7)In John’s epistle, which concerns itself with the true Knowledge of God as opposed to the false, there are...

State Police in Newport have charged a 35 year old Duncannon man for two separate incidents of indecent exposure. Police say Handy Henry Wood went through a McDonald’s drive-thru on May 17th and exposed himself to a female worker.

Additional 23 workers exposed to high radiation The health ministry says that another 23 workers at the troubled Fukushima Daiichi nuclear plant may have been exposed internally to over 100 millisieverts of radiation. The ministry on Tuesday told plant operator Tokyo Electric Power Company to immediately release the workers from duty. The ministry said keeping the employees at the plant may push their exposure over the temporary-set limit of 250 millisieverts. The government relaxed the limit for plant workers from 100 millisieverts after the nuclear accident in March as an emergency measure. The ministry also instructed TEPCO to have the...

Harold Bradley, chief investment officer for the Kauffman Foundation, discusses the increase in derivatives held by commercial banks with CNBC's Maria Bartiromo and Herb Greenberg. Maria Bartiromo: Why do you think we should care much about derivatives that the banks are holding? Harold Bradley: Well, you know, I'm just sitting out here in the Midwest looking at government statistics, and the Bank for International Settlements is showing a chart that, to me, just seems so counterintuitive. When you look back at the last time they peaked in late '08 and early '09, when Ned Davis was issuing his first warnings,...

NEW YORK (Reuters Health) – A taste of cow's milk during the first two weeks of life may protect a child from later developing an allergy to the milk's protein, a new study suggests. Cow's milk protein allergy is the most common and most dangerous among the family of dairy allergies and intolerances, with reactions including rash, respiratory and gastrointestinal symptoms, even shock or death. The finding that giving cow's milk very early in life might boost tolerance came as a surprise to lead researcher Dr. Yitzhak Katz of Tel Aviv University in Israel. He and his colleagues simply set...

A Lehigh Acres man was arrested in Collier County Monday on charges of Indecent Exposure in Public after he allegedly exposed himself to two women in a Walmart parking lot. The incident occurred at 5420 Juliet Blvd. in Naples. According to a Collier County Sheriff’s Office report: David Todd Napodano, 42, told investigators he was found naked in his van because he had “explosive diarrhea” and was using his underwear to clean himself. The victims told investigators they were looking for their vehicle in the parking lot when they saw Napodano naked in his van and exposing himself to them.

Calling Fox News "a wing of the Republican Party," the Obama administration on Sunday escalated its war of words against the channel, even as observers questioned the wisdom of a White House war on a news organization. "What I think is fair to say about Fox -- and certainly it's the way we view it -- is that it really is more a wing of the Republican Party," said Anita Dunn, White House communications director, on CNN. "They take their talking points, put them on the air; take their opposition research, put them on the air. And that's fine. But...

What Isn't JP Morgan Telling Us About Its Exposure To GE? (GE, JPM) John Carney|Mar. 4, 2009, 4:57 PM|12 Tags: Wall Street, GE, Stocks, Debt, Jeff Immelt, JP Morgan, Jamie Dimon Traders today were talking about rumors that JP Morgan Chase might have some outsized exposure to General Electric, which has been in a free fall all week. Citigroup analysts are the first to come out and publicly raise the question of JP Morgan's exposure. According to StreetInsider, Citi's analyst said, "While JPM management would not comment on its exposure to GE or GE Capital, JPM did say that a...

Companies cut ties with risky customers By Robert Cookson in London Published: February 16 2009 00:07 | Last updated: February 16 2009 00:07 The world’s biggest companies are terminating contracts with customers they fear will collapse, a report will show on Monday in a sign of the turmoil spreading through global supply chains. Of the 337 international corporates surveyed by accountancy firm Ernst & Young, most of which turn over more than $10bn a year, the majority said important customers were in financial distress and were taking longer to pay than usual. A quarter said one or more key customers...

Downgrades And Downfall How could a single unit of AIG cause the giant company's near-ruin and become a fulcrum of the global financial crisis? By straying from its own rules for managing risk and then failing to anticipate the consequences. By Robert O'Harrow Jr. and Brady Dennis Washington Post Staff Writers Wednesday, December 31, 2008; A01 Third of three parts The contracts were flying out of AIG Financial Products. Hardly anyone outside Wall Street had ever heard of credit-default swaps, but by early 2005, investment banks were snapping them up to insure all kinds of deals in case of default,...

NEW YORK – The list of investors who say they were duped in one of Wall Street's biggest Ponzi schemes is growing, snaring some of the world's biggest banking institutions and hedge funds, the super rich and the famous, pensioners and charities. The alleged victims who sunk cash into veteran Wall Street money manager Bernard Madoff's investment pool include real estate magnate Mortimer Zuckerman, the foundation of Nobel laureate Elie Wiesel, and a charity of movie director Steven Spielberg, according to The Wall Street Journal.

AIG used billions from Fed but hasn't said for what By Mary Williams Walsh Thursday, October 30, 2008 The American International Group is rapidly running through $123 billion in emergency lending provided by the Federal Reserve, raising questions about how a company claiming to be solvent in September could have developed such a big hole by October. Some analysts say at least part of the shortfall must have been there all along, hidden by irregular accounting. "You don't just suddenly lose $120 billion overnight," said Donn Vickrey of Gradient Analytics, an independent securities research firm in Scottsdale, Arizona. Vickrey says...

Goldman Sachs faults NY Times story on AIG risk Sun Sep 28, 3:34 PM ET Goldman Sachs Group Inc (GS.N) rejected as "seriously misleading" a published report on Sunday that said the Wall Street bank had as much as $20 billion of exposure to the troubled insurance giant American International Group Inc (AIG.N). The New York Times had said Goldman was AIG's largest trading partner, citing six people close to the insurer. It also said a collapse of AIG threatened to leave a hole of as much as $20 billion in Goldman, citing several of the people. The report contrasted...

Derivative traders open session to reduce Lehman risk Sun Sep 14, 4:04 pm ET NEW YORK (Reuters) – A rare emergency trading session opened Sunday afternoon to allow Wall Street dealers in the $455 trillion derivatives market reduce their exposure to a potential bankruptcy filing by Lehman Brothers. U.S. regulators and bankers were making last-ditch efforts on Sunday to prevent toxic assets from ailing Lehman Brothers (LEH.N) spilling into global markets and rupturing investor faith in the international financial system. "This is an extremely, and I stress extremely, rare event. It also speaks to the more general notion that, in...

Many girls dream of having their faces appear on billboards, and now the dream may come true. The lingerie giant Wonderbra is looking to recruit 1000 women to strip for the world’s biggest ever underwear photo shoot, reports Marie Claire.

An appeals court reinstated a charge of indecent exposure against a woman who disrobed in front of a 14-year-old boy.

A Bristol Virginia minister who police say urinated in front of children at a car wash while wearing a skirt will remain free on bond until an October court hearing. Johnson City police charged Tommy Tester, 58, with driving under the influence, having an open container of alcohol and indecent exposure. A police report also alleges Tester offered the arresting officers oral sex. Tester, of 17426 Hobbs Road, drove Thursday to the Belmont Carwash on Belmont Street, got out and urinated in a wash bay in view of children, according to the report. Tester is the minister of Gospel Baptist...

Of all the Hillary Clinton scandals and cover-ups, none is more significant than her attempt to whitewash her own personal transformation from Goldwater girl to Marxist. No mainstream media organization has examined how she is determined in her new book to keep people in the dark about what Hillary biographer, the late Barbara Olson, described as her “roots in Marxism.” “In her formative years,” explained Olson, “Marxism was a very important part of her ideology...” Olson’s important 1999 book, Hell to Pay: The Unfolding Story of Hillary Rodham Clinton (Regnery Publishing, Inc., 1999), remains the best account of Hillary’s communist...

In scores of science fiction stories, hapless adventurers find themselves unwittingly introduced to the vacuum of space without proper protection. There is often an alarming cacophony of screams and gasps as the increasingly bloated humans writhe and spasm. Their exposed veins and eyeballs soon bulge in what is clearly a disagreeable manner. The ill-fated adventurers rapidly swell like over-inflated balloons, ultimately bursting in a gruesome spray of blood. As is true with many subjects, this representation in popular culture does not reflect the reality of exposure to outer space. Ever since humanity first began to probe outside of our protective...

SACRAMENTO, California (Reuters) - California will become the first U.S. state to try to measure how its residents are absorbing chemicals from common products under a "bio-monitoring" bill signed on Friday by Gov. Arnold Schwarzenegger. State health officers will use blood, urine, tissue, hair and breast milk samples collected voluntarily from a cross-section of California, taking into account ethnic, age, income and geographic differences, to gauge levels of exposure. "There are literally thousands of chemicals being used in our everyday products in the United States in cleaning supplies, pesticides, cosmetics and more. It's important to know more about how those...

SAN FRANCISCO (Reuters) - California police are probing if computer hackers illegally downloaded a private taped conversation of Gov. Arnold Schwarzenegger from state computers, a spokesman said on Monday. In the remarks, California's celebrity governor spoke of African Americans and Latinos, including a Hispanic state lawmaker, as having "hot" blood, or being passionate. The comments were published last week by the Los Angeles Times. Democrats rebuked Schwarzenegger, a Republican who is seeking re-election in November. State Treasurer Phil Angelides, the Democratic candidate for governor, called the comments offensive and embarrassing for the increasingly Hispanic state. Computer hacking, not a leak...

NEW YORK (Reuters) - Oil and metals prices may extend their sudden slide as economic worries trigger a speculative rout, but the record rally in energy and commodities isn't dead yet, experts said. Crude and metals prices have smashed records this year as hedge funds seeking to cash in on their searing returns poured billions of dollars into the sectors, and Monday's setback signals a correction, not a meltdown. Crude futures, which fell 3.7 percent to $69.41 a barrel on Monday, could drop as low as $60 a barrel, according to hedge fund managers and analysts, but a rebound is...

MADISON - A 44-year-old Huntsville man was jailed on Friday for allegedly exposing himself to children riding on a Madison school bus last month. Thomas Erich Durham, of 1408 Wind River Drive in Huntsville, was charged with seven counts of indecent exposure, Madison police Lt. Tim Albright said. Durham had already been charged by Athens and Huntsville police for similar incidents of indecent exposure at shopping centers last month. Albright said Madison investigators interviewed several witnesses to identify Durham as the man who allegedly exposed himself to several children as they traveled home from school on a school bus on...

<p>In the wake of Hurricane Katrina, open wounds exposed to brackish seawater along the Gulf Coast have led to six deaths and 24 other severe infections from Vibrio bacteria, report researchers at the Centers for Disease Control and Prevention (CDC) in Atlanta.</p>

<p>FOR the lawyers who file lawsuits against corporations, it looked like the next big thing — the next fen-phen, asbestos or even tobacco, the mother of all jackpots.</p> <p>Like the lawsuits involving asbestos, the fire-retardant material that when inhaled can cause a horrible lung cancer, the new suits involved a substance that under certain circumstances could harm the lungs: silica, a purified sand used as a cleaning abrasive as well as in making glass, paint, ceramics and other materials. Silica dust, when inhaled, can lodge in the lungs, causing silicosis, a disabling and often fatal lung disease.</p>

Today, on July 21, 2005, the Facts About Islam (FAI) website returned after being down for over six months. The FAI was originally founded under the name of "TE" (known as "AMS" by some) in November 2002 by Former ATC President Stalfos. During the rest of 2002 and the first few months of 2003, the TE received hundreds of visitors a day (and sometimes up to 2000 visitors a day). Since its very existence, the TE was faced with attacks and bannings. Yahoo Geocities, on which the TE was hosted on, had and still has a double standard when it...

Rhode Island Governor Donald L. Carcieri has vetoed a "medical marijuana" bill, saying it would encourage marijuana use and criminal activity. His veto comes as an anti-drug group has released dramatic video footage of a marijuana activist declaring that he uses dope for a health problem that he doesn't really have. The bottom line for this activist, Ed Rosenthal, is that "I like to get high. Marijuana is fun." The video has the potential of dealing a major blow to the "medical marijuana" movement, largely funded by billionaire George Soros. The video footage, posted at the website http://www.sorosmonitor.com, gives the...

May 11, 2005 Hedge Fund Rumors Rattle Markets By RIVA D. ATLAS Long-simmering worries about the growing influence of hedge funds erupted yesterday in a wave of nervous selling on world stock markets after talk that hedge funds had suffered large losses tied to the debt of General Motors. Shares of banks with connections to hedge funds fell sharply, even though the rumors could not be substantiated. Hedge funds, lightly regulated investment pools for the wealthy and institutions like pension funds, have been a source of concern for some investors because the recent flood of money into the funds appears...

If the Democratic chieftains in Washington really want a window into why heartland residents are tuning out our party, they should stop huddling with loopy linguists from Berkeley like George Lakoff and just start reading Frank Rich's commentaries in the New York Times. There they will find a perfect distillation of the arrogance and narrow-mindedness that typifies the cultural thinking of our elites--and turns off red-state voters. In the view of Mr. Rich and his acolytes, freedom in our culture has been "under attack" ever since 9/11. Indeed, Mr. Rich has argued that this attack is being led by "new...

Glimpse of World Shatters North Koreans' Illusions By HOWARD W. FRENCH ANJI, China - Sitting on a bare floor in a chilly one-room apartment, Lee Hae Jon and her younger sister, Hae Sun, struggled recently for words to describe their lives since they clandestinely made their way here from North Korea five years ago. Their mother married a Chinese man and disappeared from their lives without a trace. Since then, a Chinese widow of Korean descent has taken the girls into her apartment and kept them clothed and fed. But for five years, the teenage sisters have not dared to...

The health of the public is being put at risk by recommendations to cover up and stay out of the sun in the UK. These recommendations, which are part of Cancer Research UK's SunSmart programme, increase the risk of several types of cancer, and may also increase deaths from melanoma, the most serious form of skin cancer. Increased exposure to sunlight or greater intake of vitamin D has been found to reduce the risk of five common cancers in case/control studies. These are cancer of the colon, breast, ovary, prostate and lymphoma. Additional evidence based on differences in incidence...

Protester on indecent exposure charge arrives at court naked 17.02.05 1.00pm An environmental protester charged with indecent exposure arrived for his appearance at Auckland District Court today naked. Simon Oosterman, 24, a computer technician, was charged during the Auckland Naked Bike Ride last Sunday, an event he organised to protest against society's dependence on the car. After Oosterman was stopped by police, the rest of the riders covered up the lower parts of their bodies to avoid arrest. Today, Oosterman and three supporters, two males and a female, stood outside the couthouse naked and bearing a banner that read: "Stop...

Do the media give aid and comfort to terrorists by giving their violence maximum exposure and impact at times while sanitizing the perpetrators and tainting their victims at others? It is standard procedure for many media outlets to describe the perpetrators of terrorist acts - the premeditated slaughter of civilians - with a range of euphemisms, "militants" being the most common. Thus, The New York Times can headline a report on the killing of a hostage as "Iraq Militants Said to Behead a Truck Driver From Bulgaria." Similarly, terrorists killed in a military strike can be described in another as...

I'm sorry............ it's a vanity but very, very important!Curt Shilling, who is with the right man G. W., should ask, on the stump, John Kerry about his "180" today on the campaign trail!!!Curt has the great demeanor and the thrust. If anyone knows him and if Curt is still on the trail with G.W., he should say something like.........."Mr. Kerry, what about your military 180?"

Man Exposes Self During Airport Screening Wed Jul 14, 9:07 AM ET By The Associated Press MINNEAPOLIS - Daryl Miller didn't make it through airport security because he couldn't keep his pants on. Airport police said a security screener was waving a metal-detecting wand over Miller's pants area on Friday when Miller pulled his shorts down to his ankles. He wasn't wearing any underwear. Miller then said, "There, how do you like your job," thus ending the screening, according to the police report. He was charged with indecent exposure and released on $300 bail. "We've never had anybody do that...

TED: 2:55 pm EDT June 16, 2004 UPDATED: 3:03 pm EDT June 16, 2004 In a step toward making ultra-powerful computers, scientists have transferred physical characteristics between atoms by using a phenomenon so bizarre that even Albert Einstein called it spooky. Such "quantum teleportation" of characteristics had been demonstrated before between beams of light. The work with atoms is "a landmark advance," H.J. Kimble of the California Institute of Technology in Pasadena, Calif., and S.J. van Enk of Bell Labs in Murray Hill, N.J., declare in Thursday's issue of the journal Nature. Two teams of scientists report similar results in...

"Indecent Exposure" John Kerry political cartoon.  June 9, 2004... Kerry photo-ops Reagan casket Presumptive Democrat presidential nominee John Kerry showed up at the Reagan Library on Tuesday afternoon to view the deceased former president’s casket, setting off a firestorm of reaction. ·        At issue: The need for a Kerry visit to the Reagan Library in California. As reported by Rush Limbaugh, a Kerry spokesperson had already announced Kerry would attend the State Funeral for Reagan on Friday in Washington, D.C.·        At issue: The photographer accompanying Kerry into the Reagan Library. Clear guidelines (handed out to everyone prior to entering...

After glimpsing more of Janet Jackson than they bargained for during a notorious Super Bowl halftime show, television viewers may miss the singer altogether on the upcoming Grammy Awards broadcast. Jackson, whose breast-baring Super Bowl performance sparked a public furor and federal regulatory investigation, will not be appearing as a Grammy Awards presenter as previously planned, according to reports Wednesday on syndicated TV shows "Entertainment Tonight" and "Access Hollywood." "Access Hollywood" added that the CBS network, which carried the Super Bowl telecast and is broadcasting the Grammys this coming Sunday, retracted its invitation for Jackson to introduce a planned Grammy...

Janet Apologizes, Says Super Bowl Stunt Went Too FarOne day after Janet Jackson's shocking Super Bowl halftime performance, the singer took responsibility for the breast-baring incident and said she never intended the stunt to go as far as it did. "The decision to have a costume reveal at the end of my halftime show performance was made after final rehearsals," Jackson said in a statement released Monday (February 2). "MTV was completely unaware of it. It was not my intention that it go as far as it did. I apologize to anyone offended — including the audience, MTV, CBS and...

<p>WASHINGTON (AP) - The government miscalculated the number of U.S. troops who may have been exposed to nerve gases when Iraqi weapons were destroyed during the first Gulf War, congressional investigators say.</p> <p>The General Accounting Office was expected to testify in a House hearing Monday that the Pentagon and CIA used a flawed computer model to estimate the fallout from the weapons. The models were created with inaccurate data, and the height of the plume resulting from the 1991 weapons explosions was underestimated, according to a memo sent to members of a House Government Reform subcommittee.</p>

Astronomy Picture of the Day Discover the cosmos! Each day a different image or photograph of our fascinating universe is featured, along with a brief explanation written by a professional astronomer. 2003 April 12 Mercury on the Horizon Credit & Copyright: Juan Carlos Casado Explanation: Have you ever seen the planet Mercury? Because Mercury orbits so close to the Sun, it never wanders far from the Sun in Earth's sky. If trailing the Sun, Mercury will be visible low on the horizon for only a short while before sunset. If leading the Sun, Mercury will be visible only shortly...

Astronomy Picture of the Day Discover the cosmos! Each day a different image or photograph of our fascinating universe is featured, along with a brief explanation written by a professional astronomer. 2003 March 31 Mt. Etna Lava Plumes Credit & Copyright: Marco Fulle (Stromboli online) Explanation: Mt. Etna has been erupting for hundreds of thousands of years. Located in Sicily, Italy, the volcano produces lava fountains over one kilometer high. Mt. Etna is not only one of the most active volcanoes on Earth, it is one of the largest, measuring over 50 kilometers at its base and rising nearly...

Astronomy Picture of the Day Discover the cosmos! Each day a different image or photograph of our fascinating universe is featured, along with a brief explanation written by a professional astronomer. 2003 March 20 Sunrise Analemma Credit & Copyright: Anthony Ayiomamitis Explanation: Astronomically speaking, at the Equinox on March 21, 0100 UT (March 20, 8:00 PM ET) the season changes. For this Equinox the Sun rises due east as it crosses the celestial equator heading north. In celebration, consider this spectacular sunrise analemma! An analemma is the figure-8 loop you get when you mark the position of the Sun...

Astronomy Picture of the Day Discover the cosmos! Each day a different image or photograph of our fascinating universe is featured , along with a brief explanation written by a professional astronomer. 2003 March 7 The Star Trails of Kilimanjaro Credit & Copyright: Dan Heller Explanation: The night had no moon, but the stars were out. And camped at 16,000 feet on Mt. Kilimanjaro, photographer Dan Heller recorded this marvelous 3 1/2 hour long exposure. Here the landscape is lit mostly by the stars. Flashlights give the tents an erie internal radiance while the greenish glow of distant city...