Random Political/Social Posting

[Silentpoet]

[Dric902]

The central bank is looking to boosting liquidity after the short-term funding rate spiked to 10% from 2% overnight in mid-September. The rate dictates how expensive it is for banks to access quick capital, and the unexpected jump symbolizes volatility in the usually-stable lending market.

The spike prompted the Fed to start injecting capital through overnight market repurchase agreement operations - also known as "repos" - on September 17. The Fed also began monthly purchases of $60 billion in Treasury bills on October 15 to keep its key interest rate within an intended range.

https://markets.businessinsider.com/news/stocks/why-fed-repos-capital-injections-might-not-calm-liquidity-fears-2019-10-1028643549

[Dric902]

the Fed has been injecting billions into the markets, buying up mostly short-term Treasury bills in an effort, ostensibly, to keep its benchmark funds interest rate within its targeted range, currently at 1.5% to 1.75%.

The results: a $175 billion expansion of the Fed’s balance sheet to $4.07 trillion, representing growth of 4.5% since the operations began. During that time, the S&P 500 has risen just shy of 4%.

“This really speaks to the idea that once again we’re on the brink of potentially being in this bubble, where valuations are about the story and the narrative and not about the cash flow and profits,” she said. “You would think we would have learned this lesson before. But here we go again.”

Wall Street took notice earlier this week when hedge fund king Ray Dalio of Bridgewater Associates penned his latest missive for LinkedIn, this one titled “The World Has Gone Mad and the System Is Broken.”

In the essay, the head of the largest hedge fund in the world noted that investors are having money “pushed on them by central banks that are buying financial assets in their futile attempts to push economic activity and inflation up

https://www.cnbc.com/2019/11/07/the-feds-monetary-juice-has-tied-directly-to-the-rise-in-stocks.html

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[Dric902]

The Federal Reserve will continue its practice of injecting money into financial markets through November 4 to help keep the federal funds rate within the bank's target. 

The New York Fed said Friday that it will continue to offer daily overnight repurchase agreement operations between October 7 and November 4 with a maximum limit of at least $75 billion. The previous plan to conduct the repos only extended through October 10. 

The Friday announcement also included eight term operations that will take place between October 8 and October 29. The first three have limits of at least $45 billion, and the rest have limits of at least $35 billion.  After November, it has yet to be determined if the Fed will continue the practice

https://markets.businessinsider.com/news/stocks/the-fed-will-extend-overnight-repos-through-november-4-2019-10-1028578005

[railfancwb]

Actually the educators have succeeded.


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[Dric902]

What's breathtaking about omnibus isn't spending levels (those are big). What's amazing is massive policy changes attached to it:
* Raising smoking age to 21;
* Eliminating health-care taxes;
* re-authorizing Ex-Im.

New omnibus includes half a billion to enhance border security...in Jordan

The omnibus spending bill provides another $4.2 billion of U.S. taxpayer dollars for the Afghanistan security forces, best known for their massive corruption, losing to the Taliban, & turning their guns on American soldiers.

I really love how because DJT said he won’t sign another omnibus, Congress is just cutting the omnibus into two bills, sending them to him at the same time, and hoping he won’t notice or care that it's still just actually one big omnibus.

Last Spring, @realDonaldTrump said: "I will never sign another bill like this again. I'm not going to do it."

Mr. President, I look forward to your veto

 

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[Dric902]

Congressional negotiators cemented a $1.3 trillion federal spending deal Monday, with a pay raise for federal workers, money for federal gun violence research and the repeal of several taxes associated with the 2010 health care law.

Congress is expected to pass the legislation this week ahead of Friday’s shutdown deadline and send it to President Trump for his signature. Negotiators released the 2,313-page bill late Monday.
A high-profile conflict over border wall spending — the issue that sparked a record 35-day partial government shutdown a year ago — was resolved with a retreat to the status quo: Funding remains unchanged from 2019 levels at $1.375 billion, short of the $8.6 billion President Trump requested from Congress.

But Democrats touted significant wins elsewhere in the bill — including $25 million in funding for federal gun violence research and $425 million in election security grants, as well as a $208 million boost in funding for the Environmental Protection Agency.
 

Other Democratic priorities included in the bill are a 3.1 percent pay raise for civilian federal employees, $7.6 billion in funding for the 2020 Census and record funding for education programs including Head Start.

Approval of the pay raise, which would be the largest since 2009, ends a year of back and forth over a boost for some 2.1 million executive branch workers. Trump initially recommended no hike, but then in late summer backed a 2.6 percent increase to be paid across the board.

Republicans highlighted a $22 billion increase in Pentagon funding, which Democrats agreed to over the summer as part of a two-year, $2.7 trillion budget accord that also suspended the federal debt cap for the remainder of Trump’s first term.
 

https://www.washingtonpost.com/powerpost/congress-finalizes-13-trillion-spending-deal-ahead-of-friday-shutdown-deadline/2019/12/16/0327f26e-201d-11ea-bed5-880264cc91a9_story.html
 

 

[Silentpoet]

[janice6]

15 hours ago, pipedreams said:

It's OK for thee but not for me!

We built this country, now they tell us we aren't wanted anymore.  Watch South Africa and see how it goes when they are forced to leave!

[pipedreams]

[pipedreams]

[pipedreams]

[pipedreams]

[pipedreams]

[pipedreams]

[gwalchmai]

35 minutes ago, pipedreams said:

More so, because Remington didn't conspire to break laws by putting firearms in the hands of criminals.

[pipedreams]

[pipedreams]

[railfancwb]

It's OK for thee but not for me!
We built this country, now they tell us we aren't wanted anymore.  Watch South Africa and see how it goes when they are forced to leave!

Probably about like Rhodesia when it became Zimbabwe. Major grain/food exporter to begging for food.


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[pipedreams]

https://www.rushlimbaugh.com/daily/2019/12/17/rush-to-the-senate-its-time-to-end-this/

[pipedreams]

 

 

I don’t care who is offended by America First policies. We owe NOTHING to the Middle East or Islam. We owe NOTHING to illegals. We owe NOTHING to any other country on Earth. Screw their feelings!

We owe EVERYTHING to our own citizens, and we can no longer allow foreign influence, corporate influence or acts of treason by any person, group or elected official. We can no longer allow any attempts by ANYONE to destroy or violate our Constitution. All laws that are repugnant to our Constitution must be nullified.

[pipedreams]

[janice6]

53 minutes ago, pipedreams said:

If you pay attention to the politicians and liberal activists, they are not against having guns for themselves, they just don't want you to have one for yourself.  Interesting slant.

[Silentpoet]

[Mike]

7 hours ago, pipedreams said:

Absolutely not. These folks aren't what they seem.

Go to the web site listed on the signs and the second topic on the opening page takes you to this horseshit.  https://www.yahwehbenyahweh.com/

Hard Pass!