Anonymous ID: b4c628 March 12, 2020, 6:44 p.m. No.8395517   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>8395364

FRBNY, is essentially in charge of money and hot money credit creation, in league with the commercial banks, like JPM (The Morgue).

The money was made available to REPO market participants as a special up 2 week TOMO. TOMO is Temporary Open Market Operation. This means all hot money paid by Fed was used to buy assets from those in need of Fed Funds. At the end of the REPO's term, the borrower gives the Fed back the cash PLUS interest, for the asset traded earlier. In a way, even though it's called sterilized, the interest charge is a very small liquidity drain, the problem the Fed is trying to tackle.

Anonymous ID: b4c628 March 12, 2020, 7:11 p.m. No.8395797   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>8395563

>A competent Attorney General could step in here and ask a court for an injunction on Schiff.

>

>But, we have a bagpipe player.

Just as the administrative branch is not UNDER the House, the House is not UNDER the administrative.

Schiff was using powers duly appointed to his commitee by the House. The have subpoena powers. Hell they have their own police.

The Executive branch cannot arrest a Congressman, nor investigate him for crimes for actions taken in his official duties.

Just like political impeachment is bad, so would an executive who could use executive branch power against political opponents.

So you can shove your "compentent AG" shit, due to your utter ignorance.