tyb
good morning
PF Europe-Med:Moar AWACS (surveillance ACs-cap #2) up then usual from French AF and NATO usual spots plus central Italy and two over eastern Poland, JAKE11 Rivet Joint stalking Kaliningrad, Canadian AF on ground at Rzesow Poland, Japanese left Tunis and east, Israeli tanker up east of Gaza strip-bottom right corner
JAKE11 USAF RC-135 Rivet Joint around Kaliningrad after a run up to Tallinn, Estonia- cap#3
VALOR29 USAF G5 departed Stockholn Int'l back to Ramstein after a little less than 5 hours on ground-and they are 'reporting' a "sharp rise in 'rona patients over the last week"
https://www.thelocal.se/20220719/sharp-rise-in-number-of-covid-19-patients-in-stockholm/
RCAF CFC4177 A310 on ground at Rzesow from RAF Mildenhall-some cruellers and back bacon for Zelensky
NATO40 E-3TF Senry AWACS with some roundys (at low altitude at Paradubice Airport, east of Prague, Czech Republc)
Moroccan AF FRV0906 G6 from Rabat to Paris-must important to bust out the G6
French AF FAF9025 and 902 E-3 TF Sentry AWACS heading to Bourges Airprot 9025 from Paris and 902 from eastern Poland dooty
NATO07 Sentry AWACS on the track over central Italy -circling just NE pf Perugia for a while and now on it's second roundy a little further SE and both location in the Monti Sibillini Nat. Park-he departed Trapani, Sicily
FALCN30 USAF Learjet 35 NW from Souda Bay, Crete-had that Special Ops AC in there a few days ago
NATO01 E-3TF Sentry AWACS with roundys over eastern Romania from Geilenkirchen with NATO40 E-3TF AWACS returning to Geilenkirchen after being on patrol over eastern Poland with French AF FAF902 earlier
Japanese ASDF JF01 777 departed Tunis, Tunisia after overnight
Israeli AF BLACK 1 707 Re'em tanker west of Gaza strip and not refueling air
RCH409 USAF C-5 Galaxy SE from Ramstein AFB over the Aegean Sea
empty callsign kneepads USAF C-32A departed JBA to Charlotte, N.C from JBA doing muh abortion and high-speed internet
Kamala Harris is in Charlotte today.
https://www.charlotteobserver.com/news/politics-government/article263629953.html
SAM484 USAF C-32A (this is kneepads 'normal' AC lately) heading across the Atlantic dunno who on this one yet-does not appear to be Blinken but he has used this AC before-mebby Austin (Sec. of Defense) since they are giving moar weapons to Ukraine (HIMARS launchers-an armored-vehicle-mounted long-range artillery launcher.)
US agrees to send Ukraine more HIMARS launchers, weaponry that is taking a toll on Russian forces
https://www.tweet247.net/news/world/us-agrees-to-send-ukraine-more-himars-launchers-weaponry-that-is-taking-a-toll-on-russian-forces
SAM356 USAF G5 west from JBA at 40k/ft
No callsign kneepads USAF C-32A on descent at Charlotte N.C
President Biden tests positive for COVID-19
President Biden has tested positive for COVID-19, the White House said on Thursday.
"This morning, President Biden tested positive for COVID-19," White House Press Secretary Karine Jean-Pierre said in a written statement. "He is fully vaccinated and twice boosted and experiencing very mild symptoms. He has begun taking Paxlovid. Consistent with CDC guidelines, he will isolate at the White House and will continue to carry out all of his duties fully during that time. He has been in contact with members of the White House staff by phone this morning, and will participate in his planned meetings at the White House this morning via phone and Zoom from the residence."
"Consistent with White House protocol for positive COVID cases, which goes above and beyond CDC guidance, he will continue to work in isolation until he tests negative," Jean-Pierre continued. "Once he tests negative, he will return to in-person work." "Out of an abundance of transparency, the White House will provide a daily update on the President’s status as he continues to carry out the full duties of the office while in isolation," she said.
Per standard protocol for any positive case at the White House, the White House Medical Unit will inform all close contacts of the president during the day Thursday, including any members of Congress and any members of the press who interacted with Biden during his travel Wednesday, the statement added. Biden's last previous test for COVID was Tuesday, when he had a negative test result, the White House said.
https://www.foxnews.com/politics/president-biden-tests-positive-for-covid-19
He won't be making a fool of himself at the "democratic fundraiser" that was scheduled for later today in Philadelphia after a muh gun speech in Wilkes-Barre, PA
https://factba.se/biden/calendar
Moar Dindu-he had enough Muni. Bonds to have 22 transactions is pretty damning (but 'legal') and "new rules"-this entire 'blind trust' shit with the wife is hilarious-she had no idea but sold his other shit at just the 'right time' in 2019 and 2020-rule should be NOTHING if you are the fuggen Chair of the Federal ReserveN-O-T-H-I-N-Gand if you won't then you can't be the FED Chair-simple as that
Powell Sells Muni Holdings as New Fed Ethics Rules Take Effect
Federal Reserve Chair Jerome Powell recently sold more than $1 million of municipal bonds issued by various entities across the US as tough new ethics rules took effect for central bank officials in the wake of a trading scandal last year.
The 22 separate transactions on June 30, with a total value ranging from about $1.2 million to $2.5 million, were detailed in a disclosure dated July 1 and published Thursday by the US Office of Government Ethics. Powell’s sales came at the early end of the 12 months that Fed officials have to dispose of prohibited holdings under the new rules, which were adopted in February and went into effect on May 1. Powell introduced the measures to avoid a repeat of the ethics scandal that engulfed the Fed in 2021. Revelations emerged on the unusual trading activities of some senior officials the year before as the central bank took emergency action to shield the US economy from the spread of Covid-19. A Fed spokesperson said the central bank didn’t immediately have a comment. The Fed’s inspector general, Mark Bialek, announced last week that he had cleared Powell and former Vice Chair Richard Clarida’s trading activity, saying they had not broken any rules, but a probe into the former heads of the Dallas and Boston regional Fed banks remained open.
Then-Boston Fed President Eric Rosengren and his Dallas counterpart, Robert Kaplan, stepped down last year after questions were raised about their trading activity during 2020. Rosengren cited ill health in announcing his early retirement.
https://www.bnnbloomberg.ca/powell-sells-muni-holdings-as-new-fed-ethics-rules-take-effect-1.1795128
>>143328 lb
RCAF CFC1 CL-60Trudope on this ACon final at Sydney Douglas Airport from Halifax and muh "private meetings" yesterday
Cape Breton, Nova Scotia
1:45 p.m. The Prime Minister will attend a community barbecue with local families.
4:00 p.m. The Prime Minister will meet with local First Nations Chiefs.
4:15 p.m. The Prime Minister will meet with youth and athletes at a local sporting event.
https://pm.gc.ca/en/news/itineraries/2022/07/20/prime-ministers-itinerary-thursday-july-21-2022
some edits above ^^
Nuffin to see here
from July 7th 2020
The Fed Makes Groundbreaking Purchase of Municipal Bonds, But Is it Enough?
The Federal Reserve is making history by buying muni bonds. n March, as part of its response to COVID-19, the Federal Reserve announced it would for the first time in its history enter the municipal bond market — a $4 trillion market financing everything from transportation infrastructure to affordable housing to schools to economic development. As of June 15, just one state had sold any bonds to the Fed.
That state was Illinois, which sold a $1.2 billion “tax-anticipation note” to the Municipal Lending Facility, managed by the Federal Reserve Bank of New York. The state owes 3.82 percent in interest to the facility, or about $45.8 million, with principal and interest due for repayment in one year.
Some economists have been saying the Federal Reserve should be making many more municipal bond market purchases as part of its normal functioning, not just as part of a crisis response. In addition to helping the Fed perform its mandated function of stabilizing the financial system, they say it would have huge benefits for cities, among other things making it easier to finance public transit, public housing, climate resilience projects and invest in historically disinvested communities.
For now, in response to the pandemic, the Fed’s Municipal Lending Facility is offering to buy up to $500 billion in municipal bonds issued by states, eligible cities, or other public entities like housing or transportation authorities that typically issue municipal bonds
moar
https://nextcity.org/urbanist-news/the-fed-makes-groundbreaking-purchase-of-municipal-bonds-but-is-it-enough
They are gonna do the same exact thing in EUROland-raise them quickly only to peel them off-mebby not as fast as the FOMC but same play book here-and just prior to Europe closing the ubiquitous pump up here in the majors-8 minutes before that so the NAS goes green
Euro zone stocks choppy as ECB starts rate hike with a big stride
Euro zone stocks slipped in volatile trading on Thursday as investors assessed the impact of an aggressive 50 basis point interest-rate hike by the European Central Bank amid growing worries about a recession and a political turmoil in Italy. Rate-sensitive euro banks (.SX7E) fell 1.1% after gaining as much as 1.8% earlier in the session. In its first rate hike in 11 years, the ECB lifted interest rates to zero percent, breaking its own guidance for a 25 basis point increase, as inflation stood at a record high of 8.6%, way above its 2% target. A gauge of euro zone shares (.STOXXE) dropped 0.4%. The broader-pan European STOXX 600 index (.STOXX) fell 0.4%. Both the indexes had turned higher following the ECB's decision.
In a bid to cushion the impact of the rise in borrowing costs, the ECB also unveiled a new tool, the Transmission Protection Instrument and limit financial fragmentation. This resulted in Italian banks cutting a chunk of their session losses to trade down 4.6%. They had fallen up to 7.2% earlier in the day after Prime Minister Mario Draghi resigned, pushing the country into political turmoil.
An early election in September or October will be the most likely outcome. Italy's benchmark FTSE MIB index (.FTMIB) which had dropped almost 3% earlier in the day, was last down 1.9%. Some relief on Thursday came from easing worries over an energy supply crunch, as Russian gas resumed flowing through Nord Stream 1, the biggest pipeline between Russia and Germany.
https://www.reuters.com/markets/europe/euro-zone-stocks-choppy-ecb-starts-rate-hike-with-big-stride-2022-07-21/
https://finance.yahoo.com/quote/%5EIXIC
>>143388 lb BOJ Holds Firm, Putting Growth Fears Ahead of Weak Yen-After the ECB raises in a few hours they are left all alone by not raising
morning
np do what ya gotta do
appt ok?
biden "gets" da 'rona casue they don't want him out in public any longer was gonna vanish after that either way.
cleaned up 413
>>143324 lb
ZULU82 Solar Drone didEIIRafter the 'moon landing' recreation of Alan Shepard wif the flag yesterday
EIIR
EIIR European Institute of Interdisciplinary Research (Paris, France)
EIIR Efficiency Issues in Information Retrieval (workshop)
EIIR Elizabeth II Regina (Queen of Great Britain)
Subzero Pioneer (barely beating the ECB) Denmark Mirrors ECB, Hikes Interest Rate
Denmark, which has had negative interest rates longer than any other country, mirrored the European Central Bank and raised its benchmark rate to protect the krone’s peg to the euro. The central bank in Copenhagen hiked its current account rate to minus 0.1% from minus 0.6%, according to a statement on Thursday.
The move followed the ECB’s decision on Thursday to raise its key rate to fight the spike in inflation, which has caused central banks from the US to Switzerland to rapidly abandon a decade of low borrowing costs. The ECB signaled that its expecting further policy tightening at upcoming meetings.
Thursday’s hike means that Denmark no longer has the world’s lowest policy rate as Nationalbanken which normally moves rates in tandem with the ECB climbed above the Swiss National Bank’s minus 0.25%. The central bank of AAA-rated Denmark, which for the first time introduced a negative policy rate a decade ago, doesn’t hold scheduled meetings and can adjust rates at any time to defend the peg. Analysts are projecting that Denmark will see an end to the world’s longest experiment in negative interest rates after the ECB meeting in September.
https://www.bnnbloomberg.ca/subzero-pioneer-denmark-mirrors-ecb-hikes-interest-rate-1.1795152
>says HRC comin back
thought that since 2019 that eventually she gonna get in
>this the part of the movie I needs to skip
Yeah no shit...they will fuggen CREAM when that habbens but it all depends on how long the military puts up wth kneepads-not long but the solution ain't much better
with ya on that just wanna hibernate for this part.
ty
that biden one all over but put it in when it habbened
Agency Mortgage Backed Securities Operations: bought $493m of GinnieMae 30 year mortgages and the system 'showed up' with $3.178B of them for the NYFRB to buy.
They are doing thisearlier and earlier in the day-used to be at the same time as the other Ops (Securities Lending and Reverse Repo) shows the increasing desperationand all targeting the 30 year GinnieMae(s) today.
>MbS on MBS-just so ya don't think I am saying this is him doing this..play on acronyms in case you din't get it
So you see they will NEVER stop this-they have only "sold" about $20m of it's balance sheet so far and as mentioned yesterday it will be well after the year 20,000 before they are even close to reducing it's holdings
Outright TBA Purchase $3,178 submitted vs $493m accepted or bought
TBA Inclusions
G2SF 4 8/22 $156,000,000
G2SF 4.5 8/22 $177,000,000
G2SF 5 8/22 $160,000,000
https://www.newyorkfed.org/markets/desk-operations/ambs
The daily Reverse Repo will be well over $2T and the Secutities Lending will be in the high $30B range....every single day and over $2T a night since June 3rd steadily-hada few over it before but all over that since then.
>>143352 NYFRB Operations: $2,279,908,000,000T for July 20th ,2022- they have dropped a whopping $1m from it's balance sheet sometime in the year 20,000 this will be reduced to manageable level..so never
>>142799, >>142800, >>142801 Understanding NYFRB Operations:How this influence(s) market directions-Hypothecation and Rehypothecation of assets creating 1000s of claims
> isn't eligible for resident d/t non US citizen
dhat ain't gonna stop them-they made her Senator (9 years as a citizen I beleebs for that) since that was the pay off for the MERS settlement (as CA State Atty. General)-they habs too much invested in her and her handler husband will "mind the store"
Hillbags is just sort of a distraction to me-always has been but I get ya she was up on the list before-now it's just the entity known as Hillbags-HATE Brennan/Comey WAY moar.
kek
I din't even look to see when it was done-just insta-B&D
Ain't gonna stop me from leaving it unlocked either-fug 'em
RCAF CFC4177 A310 west from Rzesow after a ground stop/load-out of about 90min and haz HKY159 and 670 USAF C-130 Super Hercules' out after their departure-Hercs were on ground for about 3h and this is 670s second trip today from Nuremburg and 159 1st from Ramstein
Polish AF PLF106 G5 east from Farnborough Int'l Airshow visit
They just recently bought a bunch of Helos from Italian Mfg Leonardo
Farnborough 2022: Leonardo to end AW149 Italian production and focus on UK, Polish needs
Leonardo has revealed it is to stop Italian production of the AW149 multirole helicopter in a bid to concentrate on an order from Poland and potentially the UK.
https://www.shephardmedia.com/news/defence-helicopter/leonardo-to-end-aw149-italian-production-and-focus-on-uk-polish-needs/
Blackstone reports Q2 private market performance losses
Blackstone experienced losses across its private equity and credit portfolios last quarter, according to the $941 billion firm’s latest earnings statement. Officials at the alternative giant said that its $276 billion private equity portfolio had losses of6.7%in the corporate private equity strategy and 2.4% in tactical opportunities during the quarter. Returns remained positive 10% and 11.2% over the last 12 months, however. As have the investor inflows with more than $68 billion flowing into the firm’s private equity funds over the last year with the firm’s ninth corporate private equity fund seeing $8.8 billion in capital commitments during the second quarter alone. Overall, as Blackstone approaches the $1 trillion mark in assets, its fundraising momentum has continued. “Blackstone’s flagship strategies again outperformed public markets and our investors entrusted us with $88 billion of inflows, which represented the second highest quarter of inflows in our 36-year history,” said Stephen Schwarzman, chairman and CEO of Blackstone, in a statement. “This is a testament to our long-term performance, deep client relationships, and the unmatched scale and breadth of our global investment platform.”
Liquid credit strategies also reported losses of 5.5% during the quarter, which officials said were driven by unrealized depreciation in publicly priced securities. Over the past year, the strategy is down 4.2%. Private credit strategies were down slightly (0.1%) during the same time frame, but remain over the last 12 months with gains of 10.4%. Capital deployment continues at a brisk pace with $14.3 billion flowing into in U.S. direct lending investment.
Real estate was the firm’s top performing strategy, while the multi-manager hedge fund strategy portfolio was up slightly over the past year. Opportunistic funds declined 1.0% in the quarter and appreciated 35% over the last 12 months, Blackstone’s Core+ funds appreciated 2.3% in the quarter and 25.5% over the last year. The real estate investment team, which currently manages $320 billion, completed the sale of The Cosmopolitan of Las Vegas, which officials have dubbed the portfolio’s most profitable single asset sale ever, as well as the recapitalization of Mileway, the largest-ever private real estate transaction globally.
Hedge fund flows remained anemic. The $80 billion portfolio, however, did hold the initial close of its second Dislocation fund at $322 million.
https://www.alternativeswatch.com/2022/07/21/blackstone-reports-q2-private-market-performance-losses/
*Ding, ding we have a winner (moar listings to come)..credit conditions continue to deteriorate, mortgage rates up (and already higher since they dropped it to about 5.57% July 5), purchase applications dropped after an initial surge after the first rate hike.....and they may spike again after next weeks raise of 75bp (0.075%)-see cap #3 for FEDWatch'''
Final Look at Local Housing Markets in June, Inventory Up, Sales Down Sharply, New Listings Picking Up
And here is a table for new listings in June. For these areas, new listings were up 4.4% YoY.
Last month, new listings in these markets were up 5.9% YoY. New listings have increased over the last two months - new listing were down YoY as recently as April - but overall, we aren’t seeing a huge increase in new listings in these markets. However, several markets are seeing a surge in new listings - Austin, Las Vegas, Phoenix and mid-Florida (Tampa, Orlando) are examples. A combination of less demand, and more new listings, is really pushing up inventory in these areas.
These are all formerly “hot” markets and perhaps some people are just trying to cash out in these markets after the huge increase in prices. Or it could be a leading indicator of more listings to come in other areas*. This is something to watch.
https://www.calculatedriskblog.com/2022/07
/final-look-at-local-housing-markets-in.html
https://www.marketwatch.com/investing/loanrate/br2_zzm1
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
ty
gonna take a short break fer a bit
the 3 S's
And here ya go...actively begging for regulatory intervention which will allow Gary (SEC) to pick the winners and losers-remove the ones they don't want while having FEDcoin (or whatever you want to call the coming CBDC) waiting already established 'rules' for them with the process of regulations-they are all fake and if you actually believe that they trade in the amounts they do on the exchanges....good luck!
Coinbase Petitions SEC to Propose Rules for Crypto Trading
Coinbase Global Inc., the largest US cryptocurrency platform, is calling on the Securities and Exchange Commission to propose clear rules for the trading of digital assets. In a petition submitted on Wednesday, the exchange which has clashed with the SEC in the past asks the regulator to clarify which digital assets it considers to be securities. The company also stresses the importance of establishing guardrails, given the market meltdown that has wiped out trillions of dollars and bankrupted several companies. “The U.S. does not currently have a functioning market in digital asset securities due to the lack of a clear and workable regulatory regime,” read Coinbase’s petition.
Under Chair Gary Gensler, the SEC holds the view that most digital assets are securities and requires exchanges to register with the agency. The regulator has pushed back, though, on the notion that it needs to go through and identify each token that fits the securities definition, saying it doesn’t do that for any other markets.
Faryar Shirzad, chief policy offer at Coinbase, says “crypto assets are different.” He added that Coinbase doesn’t consider any of the assets it lists in the US just under 200 to be securities. ”We vet them quite carefully to make sure that they are as far away from being securities as possible,” Shirzad said.(bwahahahahahahaha-"vet" them...good one breh I needed a good laugh)
On top of the classification issue, Coinbase also presented a list of questions that the SEC should consider and seek public feedback on -- a process that should not be rushed, Shirzad said. “What we really want is an open, transparent process,” he said. “And that will take the time it takes.”
Meanwhile-the day after that the SEC openly calls them Securities thus making sure they fall under it's framework-it's too bad they don't enforce the rules they already have but there ya go
SEC Calls 9 Cryptos 'Securities' in Insider Trading Case
The U.S. Securities and Exchange Commission used its first insider-trading case Thursday to formally declare nine digital tokens as securities in its ongoing practice of defining its crypto oversight through enforcement actions.
The federal securities regulator filed a complaint Thursday alleging that a former Coinbase product manager engaged in insider trading by giving his brother and a friend tips on which assets the exchange planned to list in the near future. In an unusual move, the SEC also explicitly said nine of the crypto assets listed were securities. While the SEC has identified cryptocurrencies as securities in the past, typically it did so in enforcement actions or settlements with the issuer. Thursday’s complaint is the first time the SEC identified several cryptocurrencies as securities without charging the issuers (or, for that matter, the exchange listing the so-called securities). The tokens listed were Flexa’s AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX and KROM. The SEC declined to comment when sent a detailed set of questions about whether Thursday’s action was a precedent for how it would identify crypto assets it sees as securities; whether it intended to bring enforcement actions against crypto issuers behind the assets identified in Thursday’s action; whether it will bring charges against exchanges listing these assets; and whether it would penalize Coinbase for listing these assets. An SEC official said the investigation into the underlying insider trading case was ongoing.
In a tweeted statement, Commodity Futures Trading Commission (CFTC) Commissioner Caroline Pham called the action a “striking example of ‘regulation by enforcement.’” Attorney Jason Gottlieb, a lawyer with Morrison Cohen LLP, noted that the issuers, Coinbase and any other exchanges that may have listed the cryptocurrencies deemed securities “aren’t parties” to the action, meaning they may not be able to challenge the SEC’s determination in court. For its part, Coinbase said none of the cryptocurrencies it lists are securities, and pointed to a parallel Department of Justice action that “did not charge securities fraud.”
“The SEC charges are an unfortunate distraction from today’s appropriate law enforcement action” the Coinbase blog post, which was originally published in April but updated Thursday, said. The 62-page SEC complaint went through the nine tokens one by one to illustrate how each should be defined by the Howey Test as securities.
https://www.nasdaq.com/articles/sec-calls-9-cryptos-securities-in-insider-trading-case
#971
>>143403 PF Europe-Med: Moar AWACS (surveillance ACs-cap #2) up then usual from French AF and NATO usual spots plus central Italy and two over eastern Poland, JAKE11 Rivet Joint stalking Kaliningrad, Canadian AF on ground at Rzesow Poland, Japanese left Tunis and east, Israeli tanker up east of Gaza strip
>>143404 empty callsign kneepads USAF C-32A departed JBA to Charlotte, N.C from JBA doing muh abortion and high-speed internet
>>143405, >>143451 SAM484 USAF C-32A (this is kneepads 'normal' AC lately) heading across the Atlantic dunno who on this one yet-US agrees to send Ukraine more HIMARS launchers, weaponry that is taking a toll on Russian forces/SAM356 G5 west from JBA/SAM484 went to Keflavik AB Iceland
>>143406 Potato tests positive for 'rona-can't have him "out" he's an embarrassment-was gonna vanish "to" Delaware after the fundraiser in Philly later any way
>>143409 CFC1 CL-60 to Sydney Douglas Airport-Trudope to Cape Breton after muh "private meetings" yesterday in Halifax
>>143408, >>143411 Powell Sells Muni Holdings as New Fed Ethics Rules Take Effect-and from July 7th 2020: The Fed Makes Groundbreaking Purchase of Municipal Bonds, But Is it Enough?
>>143413 Euro zone stocks choppy as ECB starts rate hike with a big stride-the ubiquitous pump up here in the majors-8 minutes before Yerp closed so the NAS goes green
>>143416 ZULU82 Solar Drone didEIIRafter the 'moon landing' recreation of Alan Shepard wif the flag yesterday
>>143417 Subzero Pioneer (barely beating the ECB) Denmark Mirrors ECB, Hikes Interest Rate
>>143426 Agency Mortgage Backed Securities Operations: bought $493m of GinnieMae 30 year mortgages and the system 'showed up' with $3.178B of them for the NYFRB to buy...and earlier in the day nao
>>143429 PRESIDENT DONALD TRUMP AT TPUSA STUDENT ACTION SUMMIT LIVE IN TAMPA, FL 7/23/22
>>143430, >>143445 Double BRRRTTTTTT outta Nellis AFB NW-BOAR01 and BOAR02 and back to Nellis after some BRRRRTTT over the NTTR
>>143436 RCAF CFC4177 A310 west from Rzesow after a ground stop/load-out of about 90min adn 2 C-130 Super Hercs west after 3 h HK159 and 670
>>143439 Polish AF PLF106 G5 east from Farnborough Int'l Airshow visit
>>143440 Blackstone reports Q2 private market performance losses
>>143443 Final Look at Local Housing Markets in June, Inventory Up, Sales Down Sharply, New Listings Picking Up-credit conditions continue to deteriorate, mortgage rates up (FOMC doin' 75bp next week)
>>143447 Coinbase Petitions SEC to Propose Rules for Crypto Trading-SEC Calls 9 Cryptos 'Securities' in Insider Trading Case
>>143449 U.S. Military Academy at West Point-20th CBRNE Command "conquer your dears, don't let fears conquer you" Q drop #3895 39th and 83rd think mirror on 83 fer 38 "do nor fear"
>>143450 Thread reporting on today's Bannon proceedings.- end with "Now, court is in recess. Now, Nichols is in chambers deliberating on motion to dismiss, jury instructions"
Interdasting first to comply with this-mebby less so as the reason(s) for it's creation in the first place: after the Opium wars to recapture all of the gold and silver that was flowing out of their country- (as Chinese Tea/Goods went west west-the money to the east) and the Brits couldn't habs that-created in 1865 to set up opium dist. in China via Hong Kong-that led to the Boxer Rebellion in Peking
HSBC installs Communist Party committee in Chinese investment bank
HSBC has become the first foreign lender to install a Chinese Communist Party committee in its investment banking subsidiary in the country, a move that underlines the tension facing the bank as it tries to navigate between Beijing and the West.
The lender's China investment bank, HSBC Qianhai Securities, recently established a CCP committee, according to two people familiar with the decision. The move came after HSBC lifted its stake in the joint venture, which it launched in 2015, to 90% from 51% in April.
A CCP committee, which can be made up of several branches, is required by Chinese companies law but not yet widely enforced among foreign finance groups. It is typically formed of three or more employees who are also members of the Chinese Communist Party. The committees serve a dual purpose as a workers' union and the means by which a party representative is installed within a company's top ranks, sometimes in a director or management role. HSBC's move will pressure other foreign banks to follow suit. Some have been examining whether they are required to do so after taking full ownership of their mainland securities and brokerage operations in the past two years, said several senior people at those institutions. "It is significant in the sense of where [HSBC] is allocating its future," said one of the people. "It is increasing its ties with an autocracy that clearly has views on how far it wants to reach into private companies. It is another brick in that wall."
HSBC is one of the most exposed global companies to the escalating geopolitical rivalry between China and the West. It is headquartered in London but makes almost all of its profit in Hong Kong and has designs to expand dramatically across mainland China. Reflecting its dilemma, in May its largest investor Ping An called for it to be split into Eastern and Western units, warning that straddling both regions would become impossible in the coming years. HSBC is also one of the most frequent targets of politicians in China, the U.S. and U.K. over sanctions, trade and political instability in Hong Kong. HSBC said in a statement that "[e]mployees of private firms in China are able to form a Party branch. These branches are common and can be set up by as few as three employees. It is important to note that management has no role in establishing such groups, they do not influence the direction of the business, and have no formal role in the day to day activities of the business." HSBC Qianhai is run by Irene Ho and overseen by David Liao, co-chief executive of Asia-Pacific. Qianhai provides investment banking services such as advisory, running initial public offerings and securities trading. HSBC has about 7,000 staff on the mainland, far more than any other foreign-based lender.
Seven global banks control investment banking operations in mainland China HSBC, Goldman Sachs, JPMorgan, Credit Suisse, Morgan Stanley, UBS and Deutsche Bank however, only HSBC has so far set up a CCP committee, according to multiple people familiar with the matter. The other banks declined to comment. "There was an internal email that said we might need to do something, but for the time being ... it is not yet compulsory," said the Asia head of one international lender. Executives of U.S. banks are particularly worried about the optics of potentially exposing strategic decisions and client data to the CCP, several told the Financial Times. Goldman Sachs does not have a CCP committee but has employed senior party members, including Fred Hu, who was chair of its greater China business. It runs one of the oldest Wall Street investment banking businesses in China after it established a joint venture with Beijing Gao Hua Securities in 2004. UBS hired Fan Yang, who is the daughter of Liu Yandong, the former vice premier of China, as its chair of global banking for Asia in 2020.
A senior regional executive for a Wall Street bank said there had been a "long-standing understanding" with the China Securities and Regulatory Commission that most foreign securities or brokerage companies do not require CCP committees. Little behind-the-scenes pressure has been exerted so far, the person added.
https://asia.nikkei.com/Business/Finance/HSBC-installs-Communist-Party-committee-in-Chinese-investment-bank
HSBC Hong Kong Shanghai Bank and The Opium Wars of 19th Century China
https://unpublishedarticles.com/hsbc-hong-kong-shanghai-bank/
ayefirmative started it in 1971 and let that
hang around until 1973 when it was formally abandoned.
"temporary suspension"
In October 1973, the price was raised to $42.22-per fine troy ounce and where it is still valued at by the Federal Reserve to this day.
"The statutory price of gold is set by law. It does not fluctuate with the market price of gold and has been constant at $42 2/9, or $42.2222, per fine troy ounce since 1973. The book value of the gold held by the Treasury is determined using the statutory price."
https://www.federalreserve.gov/faqs/does-the-federal-reserve-own-or-hold-gold.htm
fix't spacing ^^
o7
BOXER42 USAF C-40C NW from JBA departure-this is Nancy's 'normal' AC but don't think it is her-enough eyes on her right now with that proposed Taiwan trip-fuggen moran
MktFag and Godzilla/MechaGodzilla present "The Creation of the Federal Reserve system in 1913
This is a light look at the set-up and creation of the Federal Reserve System after the Crash of 19070-it is muh hope that you read the source materials to gain a better understanding of this process-it is written in a light and easy-to-read format with some help from some 'frens' so if you already know..ya know...this is solely for people who do not know and designed to give you a "jumping off" point to further you education on the greatest fraud in the history of mankind...imo
MktFag:"In our continuing series of Financial discussions with Godzilla and Frens we are going to cover the creation of the Federal Reserve Central Baking System-they stage was set after the 1907 crash as JP. Morgan was able to pick the winners and losers from that event-please see the above links for that series.
Godzilla:"I am ready ...shame about Abe-san..just thought I'd mention that-we dint get along very well-always sending the Japanese Air Self-Defense Forces after me but I tried to tell him I was on his side but he wasn't able to rectify that-I think but he really tried to fix things that he was responsible for (and not responsible for) and that takes a special person to admit fault and understand it can be fixed"
Mecha-Godzilla:"I don't think he (Abe-san) is ded muh nizzas I bellebs he had a vest on and triggered a heart atack so he could be declared ded..then45vanished for a while while attending his service-the rumor(s) is that he went to NoKo and the Ukrainians cut ties with the NoKos at the same time and the Grain deal was made to resume shipments from Ukraine...dhat NOT a coincidence both of those imo".
MktFag:"Yes Mecha you may be correct on that-I do believe he is still around and 45 went to the service as a show of support for Akie Abe-kinda wild child when compared to Shinzo but let's stick to the topic at hand"
MktFag:"we left off at the crash of 1907 and out of that came The Aldrich-Vreeland Act, which was passed in 1908 as a result of the 1907 panic (we'll get to Senator Aldrich later too) as he is central to this as so is Woodrow Wilson as the signatory to the actua Federal Reserve Act. What that did was create the Monetary Commission and presented as a plan to find a long-tern solution to the country's banking/financial system....Godzilla...please take it from here and help yerself to those spicey frozen whales..Mrs. Mkt Fag noes you like 'em."
Godzilla:"Right and thanks fer the food..doze are SOOO good...anyway that "commission" was basically a private banker-led farce that allowed the banksters (who created all of that shit on purpose) so they could do what was coming next...It was heavily opposed by the progressives-it was actually what it said back then not what you think it is today-led by Jennings Bryan (democratic nominee for Pres. in 1896,1900 and 1908-he was known as "The Great Commoner" because of his ability to listen and take heed of "the common man") since they knew this was all caused by these very same people tasked with the solution (problem, reaction, solution-sounds berry C_A/GHCQ-ish to me..kek) and wanted it under Public control and rightly so."
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All of the source material will be located in the last post
MktFag and Godzilla/MechaGodzilla present "The Creation of the Federal Reserve system in 1913
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'''Mecha-Godzilla:"So let's get to the meat here and take a look at the meetings that took place that set-up the Federal Reserve System by visiting the meeting at Jekyll Island, Georgia since THAT is when all the shit went down.
MktFag:"Let me jump in here and say I highly recommend reading the book titled "the Creature from Jekyll Island" as it details the entire history of this process in great detail and where some of muh knowledge of this came from get a copy and READ it also Eustace Mullins "Secrets of The Federal Reserve" both are available via down load and located in the archive of QR-Noes I put "Creature.." in it and so have others with both books...back to you Mecha".
Mecha-Godzilla:"so a secret gathering at a secluded island off the coast of Georgia in 1910 (yeah THAT doesn't sound ghey AF) laid the foundations for the Federal Reserve System and Jekyll Island was during this time, the most exclusive club in the world, and included homes owned by such luminaries as JP Morgan, Marshall Field-whose grandson was a decent sportscar driver in the 1970s and then made gangster rap albums via his Interscope Label also produced movies via same name), and William Vanderbilt I-so they had the ability to disappear here and not cause too much gossip as they all had homes there (you can still visit them too)"
Godzilla:"At this point Senator Aldrich (the chair of the Senate Finance Committee) decided that a meeting with the most powerful men in the banking community was necessary to create a plan to control the central bank that was coming. He knew they were all being watched too so they set up an elaborate scheme to travel in the ded of night but told everyone it was a duck-hunting trip and he told all the attendees to meet at a train station in New Jersey and this was on his private train car...once aboard they did not use full names and only used first names-is some cases not even the real ones so it was called "First Names Club" (moar GHEYNESSS) the six majors (aside from JP Morgan were Nelson Aldrich, A. Piatt Andrew, Henry Davison, Arthur Shelton, Frank Vanderlip and Paul Warburg) Aldrich and Davison chose the attendees for their "expertise" "The first names were used to help throw off suspicion and prevent any of the staff from learning who the men were...but come on man!! if you were one of the staff on that train how could you NOT know."
A footnote here:An additional member of the First Name Club was Benjamin Strong, vice president of the Bankers Trust Company and a main competitor of Knickerbocker Trust back in 1907 panic (but the President of Knickerbocker was suicided after JP Morgan said he would help them but declined so the story went that Charles Barney committed suicide upon learning of the plan to NOT include them-Banker's Trust survived up until 1999 when it was 'sold' to Deutsche Bank in a completely arranged sale since it was about to blow up as it was so stuffed with derivatives they needed somewhere "big" to hide it and BTW one those responsible for bloating Banker's Trust with that was none other than Jerry Powell the current Federal Reserve Chair.).. and the future founding chief executive officer (then called governor, now called president) of the Federal Reserve Bank of New York-see above linkys for the story of Knickerbocker Trust and Barney being 'suicided'.
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MktFag:"So the meeting was set as all of the control structure pretty much realized that they needed an unrestrained or "elastic" money-supply AND creation facility-THIS is KEY to the entire thing as this system would hold the 'assets' or 'reserves ofALLbanks in that system." "Let's back up a little as you need to know what was going on and how they intended to "fix" the problems they saw-Nationwide panics occurred on average every 10-15 years." "These panics forced financial institutions to suspend operations, triggering long and deep recessions as American banks held large required reserves of cash, but these reserves were scattered throughout the nation, held in the vaults of thousands of banks or as deposits in financial institutions in designated reserve and central reserve cities...over to you Mecha"
Mecha-Godzilla:"During 'crises'--that THEY caused-they became frozen in place, preventing them from being used to alleviate the situation." "During booms, banks’ excess reserves tended to flow toward big cities, especially New York, where bankers invested them in call loans, which were loans repayable on demand to brokers and those brokers in turn loaned the funds to investors speculating in equity markets, whose stock purchases served as collateral for the transactions-now if they could stop being so fuggen greedy it would actually have worked but I digress...." "This American system made bank reserves immobile and equity markets volatile-remember they triggered all of this on purpose so they could present the solution- a recipe for financial instability so they wanted one like the Europeans had-bankers invested much of their portfolio in short-term loans to merchants and manufacturers." "This commercial paper directly financed commerce and industry while providing banks with assets that they could quickly convert to cash during a crisis...which the American system, due to it's non-centalized nature could not do so they thought it was an antiquated system-it was actually pretty decent as it PREVENTED shit like what they were going to do later with the Federal Reserve and they knew it-they just couldn't help but not be greedy plus it was the wild-fuggen west with regards to who did what and when...no one minding the store."
Godzilla:"well it's not much different now except we have a system that has plenty of regulations and NONE of them are ever enforced so we have the appearance of someone "minding the store" but as they decided to make most of it 'self-policing'....what could go wrong with THAT right?"
MktFag:"Yeah no shit Godzilla...so they 'met' in "secret" and hatched the plan for a central bank system with fifteen branches across the country-calling it the Reserve Association of America." "Each branch would be governed by a board of directors who would be elected by the member banks in each district, and with larger banks getting more votes." "Each branch would hold the reserves of the member banks, issue currency-they later changed this to be done out of one, discounting commercial paper (A KEY ASPECT OF KEEPING THE BOOM/BUST cycle going and ability to trigger "crises'" at will, transferring balances between branches and checking clearing and collection."
Mecha-Godzilla:"All great and sounds good (for them) except they had a little problem and those problems were named John Jacob Astor IV, Benjamin Guggenheim, and Isidor Straus*-three of the wealthiest Americans living at the time and were completely opposed to the creation of this system." "*There is some who say Isidor Straus supported the Federal Reserve but he was supporting a "Banking Plan" that stopped this cycle of controlled crashes so since I wasn't alive then (ima fuggen Robot man!) I can't speak to the authenticity of that however it is no secret that all three of these men were on-board the Titanic (it was actually the Olympic but that is another story) but it remains to be seen if they could have actually stopped it-I don't think they could have as it had already been planned in the late 1800's and actually after Andrew Jackson took out the Second National Bank earlier in the century-you have to understand that these people (the control structure think in time frames of 50-100 years and just have their minions carry put those plans."
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Godzilla:"yeah and JP Morgan -he owned the Titanic (and Olympic) via The White Star Line(s) and that was a trust set up in 1902 by the International Mercantile Marine Company to monopolize shipping-was supposed to be on that maiden Voyage as well as another suckup to the system Milton Hershey (of Hershey's chocolate fame) and they mysteriously canceled at the last minute...you've got people who argue they didn't or were never scheduled to board that trip but I don't believe that...it was a PERFECT cover story-"oh I had other business to attend to so you niggas go on ahead...I'll see you in New York in a month...:I"
MktFag:"You've now got the framework for the Federal Reserve Act and that was borne out of those meetings at Jekyll Island in 1910-btw doesn't strike you as odd that the Titanic (nee Olympic) was sunk in 1912 well before the Federal Reserve Act was signed so it din't look suspicious-after all it was an "accident"." "The Fedeal Reserve Act was given to Woodrow Wilson to sign on December 23rd, 1913...he signed it and it was announced to the public the next day the start of the NOEL season....."
PlaneFag:" Curiously enough we had a Rivet Joint that was flying north of Venezuela last week with the callsign LEON54 and when you mirror the you get NOEL45 and since the Federal Reserve Act was signed on December 23-that day before the NOEL period begins it was announced on the start of NOEL..please see here for that >>142717 LEON54 USAF Rivet Joint back at Lincoln Muni after north of Venezuela Patrol-see Cap #4 Q drops #54 and 45 If you mirror LEON you get NOEL so we should expect a Christmas present from 45-NOEL: period extending from Dec. 24 to Jan. 6." " The day before NOEL 'week' started in 1913 Wilson signed the Federal Reserve Act-Dec 23rd-it was announced to the public on December 24th-see cap#4
MktFag::" thank you planefag..that is interdasting...mecha-godzilla can you wrap this up for us?"
Mecha-Godzilla:"No problem nikka-Wilson signs the Federal Reserve Act implementing the Centralized Banking System that grew into the web of deceit of evil and he did it during the week of Christmas becasue they knew everyone would busy with life and be better to push that through at that time while less eyes were on them." "President Woodrow Wilson signed the Federal Reserve Act in December 1913, culminating three years of discussion and debate over the development of a central bank."
Godzilla:"Wilson had been on record as not liking bankers and whether that was an act or not remains to be seen (i think it wasn't and he had no choice but to do this as we will get into the the Gold they found in the Grand Canyon later (billions of ounces in ore-also in the Chocolate Mountains so they had a BIG reason to do this as unleashing that amount of bullion into a system that only had millions of ounces would have destroyed it so they used that too as another-background reason to create the Federal Reserve) but it appears he had some serious reservations about all of it a few years later in 1919."-see cap#3
Aldrich-Vreeland Act of 1908
https://fraser.stlouisfed.org/title/aldrich-vreeland-act-1908-5742
The History of the Federal Reserve: Its Creation and Role during "Tough" Times
https://einvestingforbeginners.com/history-of-the-federal-reserve-daah/
The Meeting at Jekyll Island
https://www.federalreservehistory.org/essays/jekyll-island-conference
The Creature from Jekyll Island: A Second Look at the Federal Reserve
https://www.goodreads.com/book/show/66499.The_Creature_from_Jekyll_Island
Thank you for your time-I look forward to seeing the end of this system-please see cap #5
o7
i fergot the links that I referenced in the opening statement
fix't so they are there now
#971
>>143403 PF Europe-Med: Moar AWACS (surveillance ACs-cap #2) up then usual from French AF and NATO usual spots plus central Italy and two over eastern Poland, JAKE11 Rivet Joint stalking Kaliningrad, Canadian AF on ground at Rzesow Poland, Japanese left Tunis and east, Israeli tanker up east of Gaza strip
>>143404 empty callsign kneepads USAF C-32A departed JBA to Charlotte, N.C from JBA doing muh abortion and high-speed internet
>>143405, >>143451 SAM484 USAF C-32A (this is kneepads 'normal' AC lately) heading across the Atlantic dunno who on this one yet-US agrees to send Ukraine more HIMARS launchers, weaponry that is taking a toll on Russian forces/SAM356 G5 west from JBA/SAM484 went to Keflavik AB Iceland
>>143406 Potato tests positive for 'rona-can't have him "out" he's an embarrassment-was gonna vanish "to" Delaware after the fundraiser in Philly later any way
>>143409 CFC1 CL-60 to Sydney Douglas Airport-Trudope to Cape Breton after muh "private meetings" yesterday in Halifax
>>143408, >>143411 Powell Sells Muni Holdings as New Fed Ethics Rules Take Effect-and from July 7th 2020: The Fed Makes Groundbreaking Purchase of Municipal Bonds, But Is it Enough?
>>143413 Euro zone stocks choppy as ECB starts rate hike with a big stride-the ubiquitous pump up here in the majors-8 minutes before Yerp closed so the NAS goes green
>>143416 ZULU82 Solar Drone didEIIRafter the 'moon landing' recreation of Alan Shepard wif the flag yesterday
>>143417 Subzero Pioneer (barely beating the ECB) Denmark Mirrors ECB, Hikes Interest Rate
>>143426 Agency Mortgage Backed Securities Operations: bought $493m of GinnieMae 30 year mortgages and the system 'showed up' with $3.178B of them for the NYFRB to buy...and earlier in the day nao
>>143429 PRESIDENT DONALD TRUMP AT TPUSA STUDENT ACTION SUMMIT LIVE IN TAMPA, FL 7/23/22
>>143430, >>143445 Double BRRRTTTTTT outta Nellis AFB NW-BOAR01 and BOAR02 and back to Nellis after some BRRRRTTT over the NTTR
>>143436 RCAF CFC4177 A310 west from Rzesow after a ground stop/load-out of about 90min adn 2 C-130 Super Hercs west after 3 h HK159 and 670
>>143439 Polish AF PLF106 G5 east from Farnborough Int'l Airshow visit
>>143440 Blackstone reports Q2 private market performance losses
>>143443 Final Look at Local Housing Markets in June, Inventory Up, Sales Down Sharply, New Listings Picking Up-credit conditions continue to deteriorate, mortgage rates up (FOMC doin' 75bp next week)
>>143447 Coinbase Petitions SEC to Propose Rules for Crypto Trading-SEC Calls 9 Cryptos 'Securities' in Insider Trading Case
>>143449 U.S. Military Academy at West Point-20th CBRNE Command "conquer your fears, don't let fears conquer you" Q drop #3895 39th and 83rd think mirror on 83 fer 38 "do nor fear"
>>143450 Thread reporting on today's Bannon proceedings.- end with "Now, court is in recess. Now, Nichols is in chambers deliberating on motion to dismiss, jury instructions"
>>143463, >>143502, >>143515 no callsign kneepads back to JBA from Charlotte, N.C. depart-SAM543 USAF C-40B west from JBA usually a State Dept AC and went to Travis AFB, CA gas and go then SW to Hawaii
>>143464, >>143467, >>143468, >>143475, >>143476 FORGE73 US Army G5 SE from Ft. Knox ground stop of 6h 40min-EVAC505 US Army Blackhawk also departed Ft. Knox heading NE at low attitude towards Louisville and landed at U. of Louisville Hospital-Brief History of the Gold Standard in the United States .pdf and backing up the 1973 info the value was raised to $42.22/oz where it still is today-FORGE73 went to Charlotte where kneepads wuz today EVAC505 back to Ft. Knox
>>143466 PDJT: RINO Larry Hogan came out today, after suffering a monumental defeat in Tuesday’s Primary Election, and announced that he would never support Republican Gubernatorial Winner Dan Cox. Then, we have something in common, because I will never support Lockdown Larry Hogan. In my opinion, he was an absolutely terrible Governor of Maryland!”
>>143470, >>143474, >>143485 Anything going on in the Land of Enchantment today-Fatally Injured New Mexico Helicopter Crew Member Called 911
>>143484 BOXER42 USAF C-40C NW from JBA departure-this is Nancy's 'normal' AC but don't think it is her-enough eyes on her right now with that proposed Taiwan trip-fuggen moran
>>143491, >>143492, >>143494, >>143497 MktFag and Godzilla/MechaGodzilla present "The Creation of the Federal Reserve system in 1913"
>>143496 Typical MSM. “Constitutional Sheriffs” is given “scare quotes’”, indicating the writer’s skepticism that such authority exists. TTV is called a purveyor of debunked claims
>>143514 Here Are the Senior Biden Officials Entangled in Durham’s Criminal Russiagate Probe-Several individuals connected to a 2016 Hillary Clinton campaign plot to cast Donald Trump as a covert Kremlin collaborator are working in high-level jobs within the Biden administration
think it's all there
add if not
spacing and spelling fix't
night