It’s official: Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11. The program is confirmed to expire but usage continues to rapidly pick up speed!

Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240124a.htm TLDRS: The Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11 This past week, total outstanding amount of all advances from the liquidity fairy under the Bank Term Funding Program was $161,501,000,000 As of 10/31/23 total outstanding amount of all advances from the …

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United Auto Workers back Joe Biden for re-election…

Fain: I’m proud to announce that the UAW is endorsing Joe Biden for President of the United States pic.twitter.com/M6THMaTmYZ — Acyn (@Acyn) January 24, 2024 The powerful United Auto Workers (UAW) formally endorsed Joe Biden’s re-election campaign on Wednesday at the union’s national community action program conference in Washington DC. Both Biden and rival Donald …

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Biden fast-tracks work authorization cards for Illegal Aliens. Taxpayer funded NGOs love the new ID program.

I beg to differ on their definition of legally crossed. Showing up here claiming economic asylum is not a legal entry. via Yahoo: “EL PASO, Texas – The Hernández family from Cuba huddled together, bundled in winter coats, for a pre-dawn appointment to cross the U.S.-Mexico border. A perk awaited them on the U.S. side …

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Iowa and Nebraska cancel summer EBT program for kids.

DES MOINES, Iowa — Iowa will not participate this summer in a federal program that gives $40 per month to each child in a low-income family to help with food costs while school is out, state officials have announced. The state has notified the U.S. Department of Agriculture that it will not participate in the …

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Fiscal Inferno! Banks Draw On Term Funding Program (BTFP) As Consumer Sentiment Remains Bleak (Newsom Defaults On $20 BILLION Federal Loan)

by confoundedinterest17 Both the US Federal government and California’s government are facing a fiscal inferno. Thanks to a softening economy and inane fiscal policies. At the macro level, we see that The Federal government has gone wild spending money and borrowing it. Much more than businesses and households. Biden’s wild spending reduces the degrees of freedom that …

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Defense Bill Suspends Navy ‘Drag Queen’ Recruiting Program

Congress’ compromise defense bill pauses the Navy recruiting program that platformed a drag queen. The Gateway Pundit reported that, while America’s military has seen plummeting recruiting numbers, the Navy used a drag queen to try to convince young Americans to join the branch. A report from the Daily Caller revealed the Navy thought utilizing Yeoman …

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Bank Term Funding Program is going up again.

How is this not Quantitative Easing: Soft landing my a**, BTFP is going up again and I would love to know which regional banks are borrowing this time. Also it says on their website that BTFP ends on March 11, 2024 what happens the next day. The banks get their garbage collateral back which is …

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Senator Exposes Covert ‘Hemisphere’ Program: White House Under Fire for Unlawful Surveillance of Trillions of American Phone Records

The revelation of the ‘Hemisphere’ program, a covert surveillance initiative operating from the White House, has unleashed a bombshell report exposing the unprecedented access and scrutiny of trillions of American phone records without the requirement for warrants. BOMBSHELL REPORT: White House Spying on Trillions of American Phone Records without warrants.. New 'Hemisphere' program, a covert …

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CDC unveils Genomic Surveillance program at airports! Will now test everyone noses for “deadly pathogens “

Passengers returning from overseas flights to Kennedy Airport will now have the opportunity to be tested for more than 30 pathogens, including flu and RSV, under the expansion of a 2021 pilot program announced Monday by the Centers for Disease Control and Prevention. The initiative, which will last several months, is part of the CDC’s …

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Cartoon showing a ‘simplified’ version of how DTCC’s stock borrow program can facilitate/validate naked short selling, and why the new SEC rule doesn’t help the problem.

by TheUltimator5 feel free to sharpshoot the graphics if something isn’t clear. This isn’t easy to understand in any way. It is hard to depict some things graphically, but I did my best to make this as simple and dumbed down as possible, to allow people to slightly understand the process. I am sure there …

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Homeless Program in Washington State Has Burned Through $143 Million to House Less Than 1,000 People

Washington State has been trying to deal with their homeless problem, but they haven’t had much success. A program designed to close down tent communities and get homeless people into housing has already spent $143 million dollars to house less than a thousand people. That’s a horrible ratio. And now they want more cash, because …

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Liquidity Fairy Alert! It just keeps going up! Bank Term Funding Program usage above $100B for the 15th consecutive week! ($107.993B vs $107.855B 9/6). An over reliance on central bank funding, the BTFP is a moral hazard! As of 8/31/23, $2,173,066,000 in interest to survive another day.

by Dismal-Jellyfish Borrowing from the Bank Term Funding Program hit a NEW all time high–the 15th consecutive week above $100 billion! What we are reviewing: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial …

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New Program Tracks Foreign Forces Killing Civilians With US Weapons

Left over in Afghanistan? Human rights advocates and some congressional Democrats on Wednesday cautiously welcomed Washington Post reporting that the Biden administration has created a program to track and investigate allegations of foreign forces harming or killing civilians with weapons provided by the United States. “The United States clearly has a vested interest in knowing …

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Liquidity Fairy Alert! Up and up it goes! Bank Term Funding Program usage above $100B for the 13th consecutive week ($107.527B vs $107.386B 8/17). An over reliance on central bank funding that is growing faster than the rate of inflation, BTFP is a moral hazard!

by Dismal-Jellyfish Borrowing from the Bank Term Funding Program hit a NEW all time high–the 13th consecutive week above $100 billion! What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial …

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Bill Gates Unveils His Preferred National Digital ID Program. If you can’t prove your identity, then you can’t access services, The Mark!

Bill Gates is now pushing the digital ID slavery system for humanity, and the billionaire globalist recommended which platform he prefers. “850 million people lack ID that proves their identity. As a result, they’re shut out of a lot of services that could change their lives,” Gates said Monday. “That’s why I’m so excited about …

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Liquidity Fairy Alert! Bank Term Funding Program usage UP AGAIN (.4% to $107.242B vs $106.864B 8/9), marking the 11th consecutive week over $100B. This looks more and more like there’s an over-reliance on Fed Funding–growing faster than inflation ‘should be,’ I believe the BTFP is a moral hazard!

by Dismal-Jellyfish Borrowing from the Bank Term Funding Program hit a NEW all time high–the 11th consecutive week above $100 billion! What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial …

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Borrowing from the Bank Term Funding Program hit a NEW all time high–the 10th consecutive week above $100 billion!

by Dismal-Jellyfish What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial shrink in M2 and dip in deposits. Buckle up! Bank Term Funding Program (BTFP): https://www.federalreserve.gov/releases/h41/20230810/ ​ https://fred.stlouisfed.org/series/H41RESPPALDKNWW 781.1%!!! Date …

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BestBuy launched new Management Program: WHITES NEED NOT APPLY — ‘Candidates must meet the [racial] requirements below’

DISCRIMINATION: A Citizen Journalist has revealed Best Buy is partnering with McKinsey & Company on a Management Training Program. The program is not open to white applicants. “Candidates must meet the [racial] requirements below” Any comment @BestBuy? pic.twitter.com/lxfivezCa6 — O’Keefe Media Group (@OKeefeMedia) August 8, 2023 The civil rights violation lawsuit should pay damned good …

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Head of NYC anti-violence program busted with illegal guns and drugs…

Investigators found that Bronx anti-gun violence activist Michael Rodriguez was hiding “in plain sight” when they seized illegal guns and drugs from his Yonkers apartment. Orange County New York law enforcement officials announced the arrests of 15 people for an alleged interstate drug trafficking conspiracy on Tuesday. Said to be the main supplier of the …

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Food service giant sued over ‘White-Men-Need-Not-Apply’ program. Lawsuit raises questions about equal opportunity and hiring practices.

A former employee of a large food service corporation is suing the company in federal court after it fired her for refusing to participate in a program that discriminates against white male employees. Courtney Rogers worked for Charlotte, North Carolina-based Compass Group USA Inc. from her home office in San Diego, California. The company had …

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Liquidity Fairy Alert! Bank Term Funding Program usage rose this week ($102.927B vs $102.305B on 7/12), marking the 7th straight week over $100B. It’s looking more and more like there’s an over-reliance on Fed Funding. I believe this be a moral hazard.

by Dismal-Jellyfish Borrowing from the Bank Term Funding Program is on the increase again! What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial shrink in M2 and dip in deposits. …

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Liquidity Fairy Alert! Bank Term Funding Program usage rose this week ($102.305B vs $101.959B on 7/5), marking the 6th straight week over $100B. It’s looking more and more like there’s an over-reliance on Fed Funding. Could this be a moral hazard?

by Dismal-Jellyfish Borrowing from the Bank Term Funding Program is back on the increase! What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial shrink in M2 and dip in deposits. …

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