Free Republic

Key Points Paxos mistakenly minted the stablecoins as part of an internal transfer, before it “immediately identified the error and burned the excess PYUSD,” the company said in a social media statement. There aren’t enough dollars in global circulation to back $300 trillion PYUSD, which would theoretically require more than double the world’s estimated total GDP. ============================================================== Paxos, the blockchain partner of PayPal , mistakenly minted $300 trillion worth of the online payment giant’s stablecoin on Wednesday in what the company called a “technical error.” Market watchers had spotted the enormous injection of the PayPal PYUSD stablecoin on Etherscan —...

The radical billionaire helped create the immigration crisis; now he wants to reap the rewards. Radical currency speculator George Soros is scheming to profit from the illegal immigration crises in the United States and the European Union that he was instrumental in creating. Soros traffics in revolution and human misery. His devious business deals have brought the financial systems of the United Kingdom and Malaysia to their knees. .. He acknowledged having orchestrated coups in Croatia, Georgia, Slovakia, and Yugoslavia. Soros hates America. ... Now the preeminent funder of border-busting campaigns in the U.S. and overseas has entered into a...

Alleged Bank Robber Takes Hostage - Shot By Police After Slipping And Falling On Ice Updated: Friday, 28 Jan 2011, 10:18 AM EST Published : Friday, 28 Jan 2011, 9:53 AM EST by MYFOXDC TAKOMA PARK, Md. - Dramatic video shows an alleged bank robber being taken down by police after slipping and falling on ice. WARNING – GRAPHIC VIDEO The incident happened at the Capital One Bank in Takoma Park, Md. around 9:00 a.m. on Friday. Police had the bank surrounded when the alleged robber came out of the front door with what looked like a gun to the...

Below are summaries of class action lawsuits filed against major credit card banks. This is not a complete list, just a few samples. First USA (which became BankOne which became Chase)-- A class action lawsuit was filed against First USA when it changed the due date so that some customers, accustomed to paying by a certain date each month, would be caught off guard. Many of them would send in their payments late, not realizing that their due date was a few days earlier than they thought. First USA charged customers $29 every time a payment was late. When two...

Jan Yoder was preparing for her son's funeral when the phone rang. It was another student loan collector wanting to know when her son would pay up. Her terse response: Jason is dead. And, she said, "You are part of the reason he took his own life.''

Some professors at Princeton University have posted a video on YouTube showing how to hack into the Diebold voting machines that are supposed to be used in 40% of the elections this fall. On Democratic Underground they're talking about how to steal cards just like the voting machines use from Diebold laundry machines used in laundromats, and then reprogram them to change the votes on the voting machines.

I may be the only person in Washington who finds the constitutional Gotterdammerung over the FBI's raid of a congressman's office ... well, endearing. Quaint even. The "speech or debate" clause of the Constitution bars interfering with legislators in their official duties — though it's hard to find any language in there that might allow a congressman suspected of corruption to swing from the rotunda like Quasimodo shouting, "Sanctuary! Sanctuary!" What makes this episode so Capra-esque is the monumental political stupidity of congressional Republicans. Constitutional arguments aside, this kerfuffle represents an astounding example of political self-immolation nominally on principle. (I...

Panel says men can sue strip clubs over extra fees Ruling allows pair who used credit cards to pay for lap dances to seek refunds By ROMA KHANNA Copyright 2005 Houston Chronicle Two men who sued more than a half-dozen strip clubs because of extra fees charged for lap dances got some good news from a Houston appeals court. But that could be bad news for other lap-dance fans, who may want their appreciation for that art form kept confidential. A three-judge panel of the 14th Texas Court of Appeals ruled Thursday that Paul Brian Meekey and Michael Fulmer should...

- CHICAGO -- Congressman Jesse Jackson Junior says if a massive voter registration drive worked for Harold Washington in his 1983 run for mayor, it can work in 2006 and beyond for the Democrats. Jackson Jr. and the Rainbow/PUSH Coalition will work to register new voters. But Jackson won't say if it is a prelude to a run for mayor of Chicago. Jackson (D-Ill.) stressed that his goal was to help all Democrats. Nonetheless, he announced the registration drive moments after drawing comparisons between today's political landscape and the landscape in 1983, when Harold Washington was first elected mayor of...