For whoever was bearish, this is what the genius act actually did: “banks can now use their Reserve Balances at the Fed – AS COLLATERAL – to back stable coins.
︀︀This means, 17 years of trapped Bank Reserves totaling $3.5 Trillion are about to become liquid. Under Genius, Stablecoin collateral cannot be rehypothecated
︀︀So, if you are a Bank, using Treasuries or Repo to back your stable coins means you cannot use those assets as collateral elsewhere on your Balance sheet. ︀︀ ︀︀This is a problem because chances are you are doing that exact thing now with your Treasuries. ︀︀ ︀︀Bank Reserves are currently useless. Less than $100B are needed weekly to handle then entirety of intradistrict settlement flow across the 12 Reserve Districts – including absorbing large adjustments from open market operations like QT, QE and RRP) ︀︀ ︀︀Turning the Bank Reserves into stable coins will unlock $…”
To put this in perspective, this about 3x the stimmy injection that Drumf did during Covid stimmies while he was essentially being blackmailed by nasty Nancy Pelosi.
Drumf instructed the government to drop its spaceX contracts after Elon, correctly, called Trump out for being on the Epstein child sex list, but gov agencies told him no LOL
“Among the 12,521 UNRWA employees in the Gaza Strip, at least 1,462 (12%) are members of Hamas or other designated terrorist organizations. Out of 546 principals and deputy-principals in UNRWA’s education facilities, at least 80 (15%) are members of terrorist organizations.“
I don’t believe in the “terrorist” labels as a government designations. Terrorism is a tactic as Ron Paul highlighted in his final speech to congress. The “war on terror” was always unconstitutional.
Anything else is a clean violation of the first amendment
Jason- no one believes this nonsense you post. Israel’s own politicians tells us who they are
“MK Limor Son Har-Melech went on record saying Israeli doctors should not provide painkiller medication to 4 year-old Palestinian children as their hand is being amputated by Israelis.”
AIPAC applauds the U.S. House of Representatives for standing up for American interests and resoundingly rejecting a reckless amendment that would have weakened America, emboldened Iran, and hurt our ally Israel.
The 422- 6 vote on the anti-Israel legislation proposed separately by Marjorie Taylor Greene and Ilhan Omar sends a clear bipartisan message about America’s support for our democratic ally.
American and Israeli joint missile defense cooperation saves countless lives and enhances U.S. capabilities. In the recent conflict with Iran, Arrow, David’s Sling and Iron Dome were essential in defending America’s ally from barrages of missiles launched by the Iranian regime. Israel’s ability to replenish its lifesaving missile defense capabilities is essential as threats against the Jewish state continue.
Israel is on the front lines of the fight against common enemies. This vote sends a strong message that America stands with our ally and rejects extremist efforts to undermine our strategic interests in the region.”
“Minnesota Democratic State Sen. and member of the Minnesota Democratic–Farmer–Labor Party (DFL), Nicole Mitchell, was found guilty this week of felony burglary and possessing burglary tools, after breaking into her stepmother’s home in the middle of the night. Mitchell, who claimed she was doing a “welfare check,” was caught with tools like gloves, a flashlight, and a lock-picking set, which clearly contradict her story. The jury convicted her in just three hours. With Democrats holding only a one-seat majority in the state Senate, the conviction is sparking growing calls for her resignation.”
They are dancing with sharks. Dancing and sharks! Hammerheads are cool but not as fierce as other sharks. Dancing with great whites would be great but probably not long dance routines.
Funny. My view of the Dems is that they always preferred to be in power than being “right”.
Not according to Beto.
“Demcorats have dispatched Beto O’Rourke to say that Dems have been more concerned with “being right” than being in power — and that needs to change. “We have to get serious. We have to be absolutely ruthless about getting back in power.”
But he isn’t wrong on what he said about Clooney, Dunn and Carville.
But he shouldn’t be angry at Clooney. Clooney was a messenger boy, that Op-Ed was an Obama-Pelosi plot to get attention to Biden’s dementia without it looking like Obama-Pelosi were the instigators. It then gave the MSM their own “out” of “we aren’t pushing Biden out”, we are just reporting on what Clooney said.
Clooney is a moron, but sometimes morons can be useful.
Well the MSM headline stories are all the same as before…things like “Why you should carry a plastic bread tab in your wallet”, “the best way to store tomatoes”, etc.
And DRUGE is its usual insufferable self with all the stories of gloom and doom and the glass is still 1/4 empty!
Cannot find any news stories about the two illegal aliens who shot the police officer in the face (yes they were both caught according to radio reports—both long rap sheets, one had been kicked out of the U.S. before but came back illegally again, of course….
The good news on the personal level is that I again got to stand in nothing but my undershorts while a young female practitioner and a young female nurse at the dermatology office examined practically every inch of my body. I told them I would be far more comfortable if they disrobed down to their underwear.
“I know exactly what happened in that debate. He flew around the world, basically at the mileage that he could have flown around the world three times,” Hunter said. “He’s 81 years old. He’s tired as shit. They give him Ambien to be able to sleep. He gets up on the stage, and he looks like he’s a deer in the headlights.
I think he makes the case Biden was unfit. In the first place, Air Force One is not like flying coach. It’s a flying palace with a comfortable bed and every available luxury. Second, even if flying around is tiresome, does that mean that had Biden been faced with a crisis after the trip rather than the debate he wouldn’t be able to function?
Btw, Ambien is a controlled substance, who is “they”?
The press seems to be doing a news blackout regarding the ODNI disclosures about “manufactured intelligence,” while the dem politicians are simply denying any wrongdoing by their party leaders. Disgusting……
The DOJ, nonetheless, has received the criminal referral by Gabbard. Hopefully, if this goes to a grand jury, it will go to a jurisdiction that can look at the evidence objectively and deliver sentencing that is well deserved.
Color me skeptical that anything will actually happen to Brennan, Clapper and Comey, but I hope I am wrong.
I said the same about the Biden family syndicate, and I have been right so far. Yes, Hunter got convicted but he is presently sitting in a backyard doing interviews.
In my view, they would be able to produce enough evidence/witnesses about Russian interference (even if none of it was relevant or effective) to claim they were just being diligent and instill reasonable doubt, assuming you could even get the cases to trial. janzam correctly pointed out that the jurisdiction is key.
If I am wrong, and they do convict these people, it will be as satisfying as getting rid of fake “moderate” Bob Casey, one of the highlights of the 2025 election.
It’s interesting that John Ratcliffe held the exact same position as Tusli, which was DNI, under Trump 1.0 and failed to notice any of the Russian collusion hoax against Trump for 4 years.
So they promoted this guy to CIA director where he sold Trump fake intelligence that mossad grifted to him to convince Drumf to do the Iran hoax.
76 responses to “Sunday. Time to mow the lawn.”
Time to watch the Open Championship.
LikeLike
For whoever was bearish, this is what the genius act actually did: “banks can now use their Reserve Balances at the Fed – AS COLLATERAL – to back stable coins.
︀︀This means, 17 years of trapped Bank Reserves totaling $3.5 Trillion are about to become liquid. Under Genius, Stablecoin collateral cannot be rehypothecated
︀︀So, if you are a Bank, using Treasuries or Repo to back your stable coins means you cannot use those assets as collateral elsewhere on your Balance sheet. ︀︀ ︀︀This is a problem because chances are you are doing that exact thing now with your Treasuries. ︀︀ ︀︀Bank Reserves are currently useless. Less than $100B are needed weekly to handle then entirety of intradistrict settlement flow across the 12 Reserve Districts – including absorbing large adjustments from open market operations like QT, QE and RRP) ︀︀ ︀︀Turning the Bank Reserves into stable coins will unlock $…”
To put this in perspective, this about 3x the stimmy injection that Drumf did during Covid stimmies while he was essentially being blackmailed by nasty Nancy Pelosi.
https://x.com/Monetaryguy589/status/1940482414251557264
LikeLike
Trump got a big laugh when he thanked Congress for naming the “Genius Act” afterhim.
LikeLike
Scheffler has a 4 shot lead, has a one foot putt to to 5 on the first hole.
LikeLike
Drumf instructed the government to drop its spaceX contracts after Elon, correctly, called Trump out for being on the Epstein child sex list, but gov agencies told him no LOL
https://x.com/MarioNawfal/status/1946875228917043654
LikeLike
Pranksters fill Trump Tower gift shop w Epstein giftcards
https://x.com/doggintrump/status/1946696198087430264
LikeLike
called Trump out for being on the Epstein child sex list”
I guess Bunu has seen the list.
It is filed next to the document that proves the Holocaust was a hoax.
LikeLike
The Israeli Authorities are starving civilians in #Gaza.. Among them are 1 million children.
Lift the siege: allow UNRWA to bring in food and medicines.
idk why this is controversial
LikeLike
Epstein Victim Reveals “Ivana Trump Was Ghislaine’s Best Friend”
https://x.com/realTuckFrumper/status/1946745732976775323
Popcorn
LikeLiked by 1 person
When do we find out what Elon knows about Pedo Trump?
https://x.com/ZemanLynnZ/status/1946044220999119319
popcorn
LikeLike
UNRWA is a pro-terrorist organization.
Maybe that is what is “controversial”.
Bunu was opposed to the UN and the globalists, unless they support Hamas terrorists.
The hypocrisy is astounding.
LikeLike
When do we find out what Elon knows about Pedo Trump?”
Never.
LikeLike
“Among the 12,521 UNRWA employees in the Gaza Strip, at least 1,462 (12%) are members of Hamas or other designated terrorist organizations. Out of 546 principals and deputy-principals in UNRWA’s education facilities, at least 80 (15%) are members of terrorist organizations.“
LikeLike
Btw, whose is paying for 12,000 UN employees in Gaza?
LikeLike
There are only 2.5 million people in Gaza.
There is a UN employee for every 200 people?
LikeLike
The Israeli Authorities are starving civilians in #Gaza.. Among them are 1 million children”
There is only ONE party responsible for the suffering of Gaza residents.
Hamas.
LikeLike
Jason
I don’t believe in the “terrorist” labels as a government designations. Terrorism is a tactic as Ron Paul highlighted in his final speech to congress. The “war on terror” was always unconstitutional.
Anything else is a clean violation of the first amendment
LikeLike
don’t believe in the “terrorist” labels”
I know.
Because you support terrorists.
LikeLike
Hamas is a terrorist organization not only by designation.
Its charter advocates for the destruction of Israel.
It engages in terrorist actions on a daily basis by firing rockets against civilian targets.
It uses civilian populations in Hamas as human shields, and as such is responsible for tens of thousands of civilian deaths in Gaza.
If you want a peaceful Gaza, you should support the eradication of Hamas.
LikeLike
Pedo Trump hosted party for ‘young women’ where Epstein was the only guest: New York Times
https://x.com/realTuckFrumper/status/1946721115507663101
LikeLike
Jason- no one believes this nonsense you post. Israel’s own politicians tells us who they are
“MK Limor Son Har-Melech went on record saying Israeli doctors should not provide painkiller medication to 4 year-old Palestinian children as their hand is being amputated by Israelis.”
https://x.com/receipts_lol/status/1946925851477430664
LikeLike
Bunu – Where did you post when you were blocked here? Go back. They miss you.
LikeLike
Hey Bunu, who is responsible for Palestinian children needing amputations?
How about the Hamas terrorists hiding behind civilian populations and using children as human shields.
LikeLike
“Trump hosted party for ‘young women”
Wow. Amazing.
Bunu, get out of the basement, you might get invited to a party.
LikeLike
Scheffler running away with the Open.
5 shots ahead with 6 to play.
LikeLike
Even Oklahoma is not immune.
https://www.campusreform.org/article/university-oklahoma-boasts-safe-place-illegal-alien-students/28254
LikeLike
Drumf loses his lithium mine he was trying to extract from Big Z
https://x.com/mog_russEN/status/1946852402599973173
LikeLike
MTG bill to slash funding to Israel fails 422-6.
But Massie voted for as well as 5 Dem terrorist supporters.
But not even AOC supported it.
LikeLike
AIPAC says it well:
AIPAC applauds the U.S. House of Representatives for standing up for American interests and resoundingly rejecting a reckless amendment that would have weakened America, emboldened Iran, and hurt our ally Israel.
The 422- 6 vote on the anti-Israel legislation proposed separately by Marjorie Taylor Greene and Ilhan Omar sends a clear bipartisan message about America’s support for our democratic ally.
American and Israeli joint missile defense cooperation saves countless lives and enhances U.S. capabilities. In the recent conflict with Iran, Arrow, David’s Sling and Iron Dome were essential in defending America’s ally from barrages of missiles launched by the Iranian regime. Israel’s ability to replenish its lifesaving missile defense capabilities is essential as threats against the Jewish state continue.
Israel is on the front lines of the fight against common enemies. This vote sends a strong message that America stands with our ally and rejects extremist efforts to undermine our strategic interests in the region.”
LikeLike
Economy trumps Epstein. Case in point, a 4 year low in gas prices.
Mark Mitchell, Rasmussen Reports
@honestpollster
·
3h
I’ve been saying from the beginning that Trump’s numbers would probably recover. And yes, I was surprised at how fast.
LikeLike
Hope so.
DNI Gabbard Says Whistleblowers Are Now ‘Coming Out of the Woodwork’ on Russiagate”
LikeLike
Economy trumps Epplestein. Case in point, a 4 year low in gas prices.”
CNN is out with a poll showing Trump down 40-60 on the economy and immigration.
Of course, they had Kamala winning the election too.
LikeLike
“Minnesota Democratic State Sen. and member of the Minnesota Democratic–Farmer–Labor Party (DFL), Nicole Mitchell, was found guilty this week of felony burglary and possessing burglary tools, after breaking into her stepmother’s home in the middle of the night. Mitchell, who claimed she was doing a “welfare check,” was caught with tools like gloves, a flashlight, and a lock-picking set, which clearly contradict her story. The jury convicted her in just three hours. With Democrats holding only a one-seat majority in the state Senate, the conviction is sparking growing calls for her resignation.”
LikeLike
Good reading for Bunu and his wingman JeffP
https://pjmedia.com/scott-pinsker/2025/07/20/the-scariest-creepiest-darkest-theory-about-jeffrey-epstein-has-nothing-to-do-with-blackmail-n4941935
LikeLike
Aside from being stupid, why is MTG anti-Israel? Is it because she thinks America should have no allies or is she antiSemitic?
LikeLike
Shark Week!
LikeLike
LikeLike
Shark Week!
First episode “Dancing With Sharks” is kind of lame.
Maybe it will pick up with the “Search for Colossus”
LikeLike
They are dancing with sharks. Dancing and sharks! Hammerheads are cool but not as fierce as other sharks. Dancing with great whites would be great but probably not long dance routines.
LikeLike
The woman shark handler should have won. Under the rules of the final round, she danced with more sharks than either of the 2 men.
LikeLike
Russian hoaxer= mortgage fraud?
LikeLike
LikeLike
Dancing with great whites would be great but probably not long dance routines.”
Yep, when one bit off the fin of the fake dead whale you get the idea what would happen to a “dancer”
LikeLike
Did they find the really big shark? I switched to a lecture on the Civil War.
LikeLike
They found a big shark, not sure it was Colossus.
LikeLike
Adam Schiff’s wife is named Eve.
You can’t make this sh-t up.
https://twitchy.com/samj/2025/07/21/real-smoking-gun-schiff-doc-maryland-is-principle-residence-n2415968
LikeLike
Actually the show that preceded the Shark Week first episode was more interesting.
It was also about sharks but had to do on how you estimate their weight without actually going through the logistics of putting them on a scale.
They showed some 5000+ lb monsters in the show.
LikeLike
Did they happen to find the treasure of Oak Island?
LikeLike
No, but one of the sharks had a scar that looked a lot like the Knights Templar cross.
And sharks are known to swim near Oak Island.
Could be significant.
LikeLike
OSZ
@OpenSourceZone
·
BESSENT ON POWELL: WE NEED TO EXAMINE THE ENTIRE FEDERAL RESERVE INSTITUTION
LikeLike
shark
harks
krash
LikeLike
CNN:
Eggs are down, but BEEF PRICES AT RECORD HIGHS.
LikeLike
It’s going to be a good day for Tina and Janzam and Chicon.
Putin attacks civilian centers, apartment buildings, and even a subway station in Ukraine with drones and hypersonic missiles.
LikeLike
Funny. My view of the Dems is that they always preferred to be in power than being “right”.
Not according to Beto.
“Demcorats have dispatched Beto O’Rourke to say that Dems have been more concerned with “being right” than being in power — and that needs to change. “We have to get serious. We have to be absolutely ruthless about getting back in power.”
LikeLike
I was told I was getting the PICC line out today. Now it will be tomorrow. GFYs.
LikeLike
But Bitter’s problem is with Trump’s family…..
https://x.com/townhallcom/status/1947313308702269716?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1947313308702269716%7Ctwgr%5E16af395d44dd1505e015c18422b6597b8bd4c4
LikeLike
What Hunter means is who tends HIS garden, who cooks HIS food, who washes HIS dishes..
LikeLike
Is Hunter ok? I mean he sounds sane.
https://x.com/greg_price11/status/1947326253171630261
LikeLike
Ok he goes off the rails here:
https://x.com/disclosetv/status/1947318338008367122
LikeLike
He sounds like he is on drugs.
But he isn’t wrong on what he said about Clooney, Dunn and Carville.
But he shouldn’t be angry at Clooney. Clooney was a messenger boy, that Op-Ed was an Obama-Pelosi plot to get attention to Biden’s dementia without it looking like Obama-Pelosi were the instigators. It then gave the MSM their own “out” of “we aren’t pushing Biden out”, we are just reporting on what Clooney said.
Clooney is a moron, but sometimes morons can be useful.
LikeLike
White men in America are 45 more times likely to commit a fucking violent crime than an immigrant”
I bet that is wrong.
Any takers?
LikeLiked by 1 person
Well the MSM headline stories are all the same as before…things like “Why you should carry a plastic bread tab in your wallet”, “the best way to store tomatoes”, etc.
And DRUGE is its usual insufferable self with all the stories of gloom and doom and the glass is still 1/4 empty!
Cannot find any news stories about the two illegal aliens who shot the police officer in the face (yes they were both caught according to radio reports—both long rap sheets, one had been kicked out of the U.S. before but came back illegally again, of course….
The good news on the personal level is that I again got to stand in nothing but my undershorts while a young female practitioner and a young female nurse at the dermatology office examined practically every inch of my body. I told them I would be far more comfortable if they disrobed down to their underwear.
LikeLike
Ma, that Trump family bait sucks, did not even bring in a lame bitterfish.
LikeLike
”Is it because she thinks America should have no allies or is she antiSemitic?”
This is the woman who railed on about “Jewish Space Lasers,” so I will let you all make your own assumptions.
LikeLike
Hunter Biden explains the debate.
I think he makes the case Biden was unfit. In the first place, Air Force One is not like flying coach. It’s a flying palace with a comfortable bed and every available luxury. Second, even if flying around is tiresome, does that mean that had Biden been faced with a crisis after the trip rather than the debate he wouldn’t be able to function?
Btw, Ambien is a controlled substance, who is “they”?
Finally, if he took Ambien he likely slept.
LikeLike
RIP, Malcolm Jamal-Warner. The Cosby Show was great even if Cosby….
LikeLike
The press seems to be doing a news blackout regarding the ODNI disclosures about “manufactured intelligence,” while the dem politicians are simply denying any wrongdoing by their party leaders. Disgusting……
LikeLike
The DOJ, nonetheless, has received the criminal referral by Gabbard. Hopefully, if this goes to a grand jury, it will go to a jurisdiction that can look at the evidence objectively and deliver sentencing that is well deserved.
LikeLike
it will go to a jurisdiction that can look at the evidence objectively and deliver sentencing that is well deserved.”
The defendants will be hanged after a fair trial!
LikeLike
Color me skeptical that anything will actually happen to Brennan, Clapper and Comey, but I hope I am wrong.
I said the same about the Biden family syndicate, and I have been right so far. Yes, Hunter got convicted but he is presently sitting in a backyard doing interviews.
In my view, they would be able to produce enough evidence/witnesses about Russian interference (even if none of it was relevant or effective) to claim they were just being diligent and instill reasonable doubt, assuming you could even get the cases to trial. janzam correctly pointed out that the jurisdiction is key.
If I am wrong, and they do convict these people, it will be as satisfying as getting rid of fake “moderate” Bob Casey, one of the highlights of the 2025 election.
LikeLike
LikeLike
Tina-
It’s interesting that John Ratcliffe held the exact same position as Tusli, which was DNI, under Trump 1.0 and failed to notice any of the Russian collusion hoax against Trump for 4 years.
So they promoted this guy to CIA director where he sold Trump fake intelligence that mossad grifted to him to convince Drumf to do the Iran hoax.
LikeLike
Twitter vs X staff
https://x.com/WallStreetMav/status/1947332492458930416
LikeLike
Beach whale Andy Mccarthy, writer for Natiomal Retreat Online, continues to be wrong about the Russian hoax.
LikeLike
NT at 7:00 EST unless DW has something before then.
LikeLike
i will get a new puzzle tomorrow afternoon
LikeLike