Free Republic

Shocking footage has emerged of the moment a Russian soldier attempted to destroy a Ukrainian missile launcher from close range with dramatic and potentially lethal consequences. The clip, shared on a pro-Russian channel on social media and messaging app Telegram, shows one of Putin's fighters taking aim at an abandoned Ukrainian S-300 missile launcher sitting mere yards away. After taking a few moments to compose himself, the soldier squeezes the trigger of his PKM machine gun, presumably expecting to damage the hardware or perhaps set off a minor explosion to render it inoperable. A split second later the missile launcher...

The government has formulated a plan to put troubled mortgage giants Fannie Mae and Freddie Mac under federal control, dismiss their top executives and prop them up financially, federal officials told the two companies yesterday, according to three sources familiar with the conversations. Under the plan, which could prompt one of the most sweeping government interventions in the workings of financial markets in U.S. history, federal officials would place the firms under a conservatorship, a legal status giving the government the option and time to restructure and revive the companies, the sources said. The value of the companies' common stock...