Category: WTF??

Sky Splitting in Kansas City…..

 

Image may contain: sky, cloud, twilight, grass, outdoor and nature

Image may contain: sky, cloud, twilight, outdoor and nature

Posted by Gav'riel Yisrael on Wednesday, June 15, 2016

Sourced from here.

Free Money? The Fed Is About To Give $36.93 Billion Of Taxpayer Money To Banks

 

editor’s note:  WTF???  when are these criminals going to be audited?  why are their unfettered access to OUR WEALTH continuing??  DO NOT CONSENT.

***

Authored by Mike Shedlock via MishTalk,

The Fed upped the interest it pays on excess reserves to 1.95% today. This is free money (taxpayer funded) to banks.

The Fed bumped up the interest it pays on excess reserves today to 1.95%. Currently, excess reserves sit at $1.894 trillion.

The math is simple enough. At the current rate, the Fed will hand over approximately $36.93 billion of taxpayer money to banks.

That assumes the status quo, but things will change.

Factors

  1. The Fed is shrinking its balance sheet slowly. That reduces excess reserves the Fed pays interest rates on.
  2. When the Fed hikes interest rates, it also increases the interest it pays on excess reserves.

Continue reading here.

 

Sky Captures for Tonight ~ 5/27/18

 

editor’s note:  something told me to “go to the corner and take pictures” so i did. i captured that green object again.  and something else as well.  (i love doing this, btw!  one of my favorite hobbies.)  [wp-svg-icons icon=”happy” wrap=”i”]

green object/planet – up and left of the sun.

another object – near top of photo and off to the right (there also seems to be something just up and to the right of the sun….see below for a stronger image)

what’s that directly above/right of the sun?