Coffee Talk with Tiff

November 3, 2025 12:00 pm EST Halodoc Coffee Talk with Tiff 0
Coffee. Photo by Jonathan Thursfield.

This Is An Open Thread

President Psycho Shit’s public schedule:

After being dragged about being so toxic nobody wanted their head psycho to be anywhere around them for upcoming November elections in New Jersey and Virginia they now have him supposedly involved in some sort of ‘Tele-Rally’ tonight.

Monday, November 3 2025
9:00 AM In-Town Pool Call Time
7:00 PM The President participates in a Virginia Tele-Rally Oval Office Closed Press
7:30 PM The President participates in a New Jersey Tele-Rally Oval Office Closed Press

New month, same shutdown going on…

34 days, and counting, and 900,000 employees furloughed.

President Psycho had much to say over the weekend.

That one where The Psycho thinks it is illegal to criticize it…

What set the psycho off? …

Side Bar …

I missed this last Thursday. Greg Sargent was prophetic with this one.

That one where President “I want the Noble Peace prize NOW” Psycho threatens Nigerian government he will come in with “guns-a-blazing” …

Because, eat cake, bitches…

“They were careless people, Tom and Daisy- they smashed up things and creatures and then retreated back into their money or their vast carelessness or whatever it was that kept them together, and let other people clean up the mess they had made.”

That one where head MAGAt Psycho tells his R MAGAt psycho minions to “TERMINATE THE FILIBUSTER!!!” to get his ass out of being blamed for his shutdown.

Side Bar …

Last Tuesday, October 28, 25 states sued (NBC News link) the Agriculture Department in Massachusetts district court saying that, “the USDA is legally required to continue providing SNAP benefits during the shutdown as long as it has funding. It calls on the court to compel the USDA to use contingency funds appropriated by Congress to keep the program running.”

On Friday,

U.S. District Judge John McConnell of Rhode Island ordered the Trump administration to make a full SNAP payment by the end of the day Monday or a partial payment by Wednesday. In order to make the full SNAP payment, the administration would have to draw on additional funding sources beyond the contingency reserves.

“There is no question that the congressionally approved contingency funds must be used now because of the shutdown; in fact, the President during his first term issued guidance indicating that these contingency funds are available if SNAP funds lapse due to a government shutdown,” McConnell wrote in his order, pointing to a 2019 Q&A email written by a SNAP administrator.

He ordered the administration to report by noon on Monday “what it will do to comply with this Court’s Order.”

NBC News (November 2, 2025)

That one where Baghdad Bimbo couldn’t care less about tens of millions of children and seniors losing access to food through SNAP, but is “horrified” about toilets as a way of announcing to the country they continue to destroy our White House …

As you probably know…

Sunday night, president Psycho sat down in a 60 Minutes interview (60 Minutes Youtube link 28:25) with Norah O’Donnell.

And if almost 30 minutes wasn’t enough listening to the ramblings of the madman, here is 60 Minutes Overtime extended interview.

When all you can say is just … JFC …

One *head desk* among too many to count, the dumbass still doesn’t understand requesting asylum doesn’t mean insane asylums.

When President “I Know Nothing!” Psycho knows nothing.

via GIPHY

Show more: “TRUMP: Here’s the thing — I know nothing about it”

Sigh. And so it begins…

… little foot pegs.

Buying bonds to pump liquidity and purchase MBS (Mortgage Backed Securities). The former is an example of what is called a *repurchase* or *repo* transaction, which means it injects liquidity by buying securities with an agreement to sell them back later. The latter, MBS, is a form of the Fed’s purchase operations to reinvest maturing security proceeds as part of its balance sheet management.

The Fed also announced at the October 29 FOMC (Federal Open Market Committee) that, effective December 1, 2025, it would end its balance sheet reduction (quantitative tightening) and reinvest all maturing MBS principal payments into Treasury securities instead of new MBS. The MBS purchases on October 30 were part of the transition period before this new policy fully takes effect.

I think it is important to note, at least for now, that it is a bit disingenuous to call the MBS part of the “pumping” per se. These draw downs have been Fed policy balance sheet management for a few years.

The next FOMC meeting is scheduled for December 18, 2025. Circulating speculation is there is an ~70% chance rates will be cut again. If I had to guess, I’d say that is probably about right considering everything falls into two categories: Clusterfuck and FUBAR.

Show more: “…As I’ve been saying: QE is coming even though Fed rate is STILL at 3.75-4%! Yet Fed will NOT wait for Zero rates as they testified before Congress. The Fed will do QE most likely before End of 2025. But they won’t call it “QE”, they might give it some other name but it will be the Fed buying US Treasury securities in one way or another. It will be De Facto QE.”

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This Is An Open Thread

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