Free Republic

Democrat Representative David Nangle was arrested by the FBI and IRS on a 28-count indictment that includes a wide variety of corruption charges. Some of those charges include, at this time, bank fraud, wire fraud, lying to a bank, and even filing false tax returns...

While the dominant topic of conversation when discussing margin hikes (or reductions) usually reverts to silver, ES (stocks) and TEN (bonds), what everyone so far is ignoring is the far more critical topic of real margin risk, in the form of roughly $600 trillion in OTC derivatives. The issue is that while the silver market (for example) is tiny by comparison, it is easy to be pushed around, and thus exchanges can easily represent the illusion that they are in control of counterparty risk (after all, that was the whole point of the recent CME essay on why they hiked...

It is clear the Christmas season represents different things to many Americans. Some see the season as an opportunity to attack Christianity and manipulate this part of the year to serve their agenda. Others look at the federal holiday of Christmas as a means to increase their financial bottom line regarding sales of merchandise. This is illustrated perfectly by the term "Black Friday" which connotes the day after Thanksgiving which merchandisers see as a day to make maximum profit for the year through marketing gimmickry, all pointing towards sales surrounding Christmas. It is interesting the use of the term "Black...

ELIZABETH, Ind. - A Kentucky man who was playing slot machines at the Caesars Indiana casino claims he sat in a chair soaked with urine left by a gambler who had just exited the seat. Floyd Kibiloski, 60, of Fern Creek, Ky., filed a complaint with the Indiana Gaming Commission, saying a woman who had been playing the slot machine moments earlier had urinated in the chair at the southern Indiana casino. "My whole concern is that they fix this," he told The Courier-Journal of Louisville, Ky. "It's not apparent that they have anything in place to deal with this...