Feverishly Racing Toward Our Own Destruction…

by Michael We are careening directly into an abyss of war, pain and misery, and our leaders are thunderously applauding as it happens.  Ukrainian President Volodymyr Zelenskyy came to Washington this week because he wanted more money, and our politicians …

READ MORE

Libertarian Ideology Destroyed the West

by Chris Black Libertarian arguments be like: “Banning something actually helps it. We can only defeat porn and drugs by allowing them to be freely disseminated in society, including to children!” These horrendous arguments may have worked 30 years ago, …

READ MORE

Senate Passes 12 Gun Controls

by AC But what’s worse is that the Biden Administration will be handing out millions of federal dollars to reward those states which pass “red flag” gun confiscation laws, and all that money will be coming from the new $700 …

READ MORE

FICC – MBS Alert! Capped Contingency Liquidity Facility (“CCLF®”) Reset Reminder and Adjustable Percentage Update FICC will change the adjustable percentage from 80% to 90% for purposes of calculating the Defined Capped Liquidity Amount

by Dismal-Jellyfish Source: https://www.dtcc.com/-/media/Files/pdf/2022/12/21/MBS1171-22.pdf What is the Capped Contingency Liquidity Facility (“CCLF®”)? On April 25, 2017, the Commission approved FICC’s adoption of the Clearing Agency Liquidity Risk Management Framework (‘‘Framework’’), which broadly describes FICC’s liquidity risk management strategy and objective to maintain …

READ MORE