tyb
It's called don't shit the bred newfag
o7
>Would a swipe at a bankster enforcer like Soros be feasible prior to Fed take over?
They would screw themselves by shutting down the SWIFT sys and dumping the dollar. But the ones affected are most likely lower levels-including us. That would be an end-game move imo.
rainman….you still show up up after getting BTFO'd?
Got your (you) though..kek
Japan deploys 2 Aegis destroyers as North Korean ICBM test looms
As Pyongyang's deadline nears for US nuclear talks, Tokyo steps up monitoring.
TOKYO – Japan's Self-Defense Forces will have two Aegis-equipped ships conducting surveillance in the Sea of Japan and East China Sea, anticipating missile tests by North Korea around the new year. The Japanese government, which made the decision on Friday, is believed to have deployed one such vessel in November. The U.S.-developed Aegis system uses radar to track and intercept missiles. North Korea has fired 13 ballistic missiles since May. The sanctioned nation also said it conducted two "very important" tests this month, which many experts suspect focused on an engine for intercontinental ballistic missiles.
Pyongyang unilaterally set a year-end deadline for nuclear talks with the U.S., suggesting that it could resume testing of ICBMs. Japan had deployed one or two Aegis-equipped vessels to monitor the Sea of Japan around the clock starting in summer 2016 as a response to repeated North Korean missile launches. Tokyo relaxed the surveillance in summer 2018 after North Korea halted the tests following a bilateral summit with the U.S.
https://asia.nikkei.com/Spotlight/N-Korea-at-crossroads/Japan-deploys-2-Aegis-destroyers-as-North-Korean-ICBM-test-looms
The Fed Gets Blindsided… Again
The big news this week was that the House of Representatives impeached President Trump for abuse of power and obstruction of Congress.
Trump now joins Andrew Johnson and Bill Clinton as the only U.S. presidents to be impeached (Nixon resigned before he could be impeached).
Now it goes to the Senate for trial. But there’s virtually no chance the Senate will convict Trump on the charges, given the Republican majority.
The market has completely shrugged off the news. The stock market is up today, which tells you it doesn’t fear political instability or expect anything to come of the impeachment process.
But the real market story right now on Wall Street has to do with the Fed, and it’s not getting anywhere near the attention it deserves.
Since September, the Fed’s been pumping in massive amounts of liquidity into the “repo” markets to keep the machinery of the financial system lubricated.
So far, the figure stands at about $400 billion. But it’s showing no signs of slowing down.
The Fed has now announced it will provide an additional $425 billion of cash injections into the repo market as the year draws to a close on concerns that funding could fall short into year’s end.
And Jerome Powell has admitted these injections will continue “at least into the second quarter” of 2020.
What does all this bailout money say about the health of the money markets?
And that’s really what it is — a bailout. Without Fed intervention, liquidity in these markets would have dried up.
But the Fed’s massive liquidity injections are basically a Band-Aid on the real problem.
There’s plenty of liquidity in the market right now. The real problem is that the big banks, the 24 “primary dealers” who have direct access to the Fed’s liquidity, aren’t lending the money out like they’re supposed to. They’re sitting on it, which is depriving other banks and financial institutions of the short-term funding they need.
Part of it has to do with regulations that require these banks to hold a certain amount of reserves, so they’re reluctant to lend them. But it’s also because these banks can earn more on their money by parking their reserves at the Fed than they can lending it out, which pays very little interest.
The big banks are just hoarding cash. They told the Fed they have more than enough cash in excess reserves to meet regulatory issues, but they prefer having money at the Fed where they can still earn 1.55%, rather than in the repo market.
So, until that situation changes, there’s no reason to expect that the Fed’s support will go away anytime soon.
But if you ask New York Fed head John Williams, everything’s just hunky-dory.
He says it’s all “working really well.” But the Fed is having to expand its balance sheet at the fastest pace since the first round of QE began in December 2008.
It’s gone from $3.8 trillion in September to over $4.07 trillion today. And it’s going higher.
Would all this be necessary if the system were working well?
The Federal Reserve’s Board of Governors recently published its annual Supervision and Regulation Report, which measures the financial condition of major U.S. banks, including loan growth and liquidity in the banking system.
How did the banks grade?
Overall, the board concluded that 45% of U.S. banks with more than $100 billion in assets merited a rating of “less than satisfactory.”
Tellingly, the report did not say which banks have these less-than-satisfactory ratings. It doesn’t want to make any real waves, after all. The entire system depends on confidence. Of course, the Fed didn’t see problems in the repo market coming at all. They never do. All they ever do is react and pretend that they have everything under control.
Basically, the Fed was blindsided… Again.
But they don’t have everything under control or they would have seen the problems coming and maybe done something about it.
Continued problems in the repo market may mean the Fed could launch another round of official quantitative easing in the very near future, possibly as soon as early January. The good news for the markets is that the Fed’s liquidity injections have helped boost stocks to record levels again.
The Fed is basically handing investors a Christmas present. Unfortunately, most people on Main Street don’t realize it. The present’s being put under the tree this year (and maybe next) won’t last. They can’t.
https://dailyreckoning.com/federeal-reserve-blindsided/
NP has been pretty based with the things I've read over the years of her's.
Following standup of U.S. Space Force, Air Force bases could be renamed as space bases
Raymond: “We do have a plan to rename the principal Air Force bases that house space units to be space bases."
WASHINGTON — With the U.S. Space Force now officially enacted as an independent military service, Air Force installations that primarily do space work would be renamed Space Force bases.
Peterson Air Force Base in Colorado Springs, for example, could become Peterson Space Force Base. Other candidates for re-designation include Colorado-based Schriever Air Force Base and Buckley Air Force Base, Patrick Air Force Base in Florida and Vandenberg Air Force Base in California. “We do have a plan to rename the principal Air Force bases that house space units to be space bases,” said Gen. John “Jay” Raymond, commander of U.S. Space Command who also will serve as the first chief of space operations (CSO) in charge of the U.S. Space Force. Speaking with reporters Dec. 20, Raymond said the details of possible base re-naming are still being hammered out. “We’ll plan that appropriately in the months ahead,” Raymond said. He noted that that even if bases are named space based, the Space Force will continue to heavily rely on the Air Force to operate and maintain them. “We’ll work to rename those to match the mission of the base,” Raymond said.
The idea of renaming Air Force bases is one of several initiatives proposed by the Space Force Planning Task Force, a group of about 40 people led by Air Force Maj. Gen. Clinton Crosier who have spent the past eight months preparing for the establishment of the Space Force once Congress authorized it. Crosier in a draft memo laid out proposed actions to accelerate the standup of the U.S. Space Force, some that could be done as early as in 30 days.
A copy of Crosier’s memo was obtained by SpaceNews.
“The White House and the secretary of the Air Force have consistently set an expectation for rapid Space Force stand-up, and have emphasized the importance of ‘moving out swiftly and rapidly’ and creating positive public perception with regards to expeditious implementation,” the memo says.
Renaming Air Force installations as Space Force Bases is one of seven recommendations by Crosier’s planning task force “to show visible progress towards establishment of the Space Force.” The base name “makes a visible change to the public … and provides opportunities for media coverage at the national and local levels,” the task force memo says.
Other recommendations:
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Issue a memorandum by the Secretary the Air Force outlining the responsibilities of the chief of space operations. “This would empower the CSO immediately upon appointment and set a clear expectation that the U.S. Space Force will be a separate, independent service.”
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Identify specific Air Force units to be assigned to the Space Force. “This establishes operational units within the Space Force immediately.” The memo says airmen will need to be informed that the initial transfer will not affect jobs or create job transfers outside of normal PCS [permanent change of station] moves.
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Designate members assigned to realigned units and authorize them to wear the U.S. Space Force patch immediately. This would visually differentiate Space Force members and begins to establish a new service identity.
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Move quickly to appoint an acting Assistant Secretary for Space Acquisition and Integration, a newly created position mandated by the NDAA to oversee space acquisitions. Naming an acting official “implements a key provision of the NDAA and incorporates the ASAF/SP in the development process from the inception of the U.S. Space Force.”
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Name the initial members of the Space Force staff as soon as possible, expedite the assignment of detailees and military members, as well as advertising civilian positions for immediate hiring dates.
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Convene the first Space Force Acquisition Council, an organization mandated in the NDAA. The council is chaired by the Assistant Secretary of the Air Force for Space Acquisition and Integration.
“To have the greatest public impact, the Space Force Planning Task Force recommends implementing the key actions listed above simultaneously,” says the memo. “Completion of the key actions, coupled with a few other longer terms actions, could allow the Department of the Air Force to declare Initial Operational Capability for the Space Force much sooner than the 12-month plan, which would be a significant milestone for the new Service.”
https://spacenews.com/following-standup-of-u-s-space-force-air-force-bases-could-be-renamed-as-space-bases/
got 'em.. will watch for a bit.
SAM778 has started decent. other still at 40k