[-] sp3ctr4l@lemmy.dbzer0.com 1 points 21 hours ago

I mean, the outside layers are already burned to a carbonized black crisp.

I think that qualifies as toast.

[-] sp3ctr4l@lemmy.dbzer0.com 4 points 1 day ago

You've heard of doublethink, and doublespeak...

But what about antithink, and antispeak?

"You're talking a lot, but you're not saying anything!"

"Psycho Killer... qu'est que c'est?"

[-] sp3ctr4l@lemmy.dbzer0.com 5 points 1 day ago

In the mean time, while we wait for IP law to fix itself over the course of decades, or probably just never: I have physical copies of most of my games.

... on an SD card, that I bought, formatted, and moved files onto.

Steam lets you make game backups, GOG releases are basically portable... make a backup, compress it, put it on a backup drive.

... and thats all without my pirate hat and pegleg on.

[-] sp3ctr4l@lemmy.dbzer0.com 8 points 1 day ago

... wha... what temperature would the inside of that bread loaf have to be, to actually be emmitting light?

Like... ~1000 degrees Farenheit?

[-] sp3ctr4l@lemmy.dbzer0.com 3 points 1 day ago

Banking on it, you say?

Meat and dairy prices are only gonna go up and up, pizza is gonna become a luxury food item in not too long.

[-] sp3ctr4l@lemmy.dbzer0.com 4 points 1 day ago* (last edited 1 day ago)

https://orau.org/health-physics-museum/collection/shoe-fitting-fluoroscope/index.html

The Shoe Fitting Fluoroscope.

Stick your feet in, do a real time x ray, see how ... well your shoes fit.

According to Williams (1949), the machines generally employed a 50 kv X-ray tube operating at 3 to 8 milliamps. When you put your feet in a shoe fitting fluoroscope, you were effectively standing on top of the X-ray tube. The only “shielding” between your feet and the tube was a one mm thick aluminum filter.

Yeah... eventually phased or regulated out, due to ... a bit much direct X Ray exposure.

I have actually seen one of these in person, at a museum.

It'd been deactivated, of course, partially gutted.


For a kind of related anecdote:

Multiple victims of either the Hiroshima/Nagasaki nuclear detonations, as well as US military personnel at various nuclear tests...

Described that, even with their eyes closed, in some cases, even with protective eye equipment on...

When the detonation occurs, people held their hands in front of their faces, with their eyes closed, and basically could see xrays of their own arms and hands.

... It basically doesn't seem to have mattered what direction you are facing, if you are close enough to the detonation, for this effect to have been described.

[-] sp3ctr4l@lemmy.dbzer0.com 15 points 1 day ago

... the 'temporarily embarassed millionaire' has 'aspirational' capital, in a fanciful, idealized future.

AKA, 'The American Dream'

Its a kind of faith-based magical thinking, delusion.

Which, as George Carlin let us all know, I think over a decade ago now...

... 'you have to be asleep, to believe.'

[-] sp3ctr4l@lemmy.dbzer0.com 2 points 1 day ago

I mean, they're saying they think you are the same gender as them, and that they aren't interested, in a not very polite way.

I don't see how thats ... even implying anything.

'Sorry, I'm straight' is a pretty direct statement of assuming or asserting your gender, and also saying they're not sexually/romantically interested in you.

I'm basically a bi dude, trans inclusive, but I'm not gonna lie, I don't tend to find myself attracted to many... agender/ambigender/genderfluid folks. I'm not like, against dating or fooling around with such people on principle or anything like that, its just that I rarely find people who identify as such, that I consider attractive.

That being said, I wouldn't turn someone down, or accept a flirt, via assuming their gender. I'd use a bit less discriminatory/categorizing phrasing, probably involving the phrase 'my type', which is gloriously vague.

But... I've been to a good deal of bars, including gay bars, lesbian bars, bars with mostly straight folks, bars with mostly not, bars with a decent mix.

I have, many times, seen people that I know are gay, or lesbian, or bi, just lie to people they're not attracted to, and say 'Sorry, I'm straight.'

They know they aren't straight.

They're just lying, perhaps plausibly lying to that person who doesn't know them, to get that person to go away.

In both your case and my example cases... there's really no need to infer or guess that the person using this phrase is being fairly rude, and a lot of that is intentional.

I've even seen straight people say 'Sorry, I'm gay/lesbian' to get out of a heterosexual flirt from someone they're not attracted to.

[-] sp3ctr4l@lemmy.dbzer0.com 4 points 1 day ago

... smell-o-vision.

[-] sp3ctr4l@lemmy.dbzer0.com 25 points 1 day ago

It's pretty bougie to know how to spell bourgeoisie, ngl.

[-] sp3ctr4l@lemmy.dbzer0.com 6 points 1 day ago* (last edited 1 day ago)

Waterfox.

Uh, in lieu of a mascot that I do not think they officially have:

(Author unknown, someone on Pinterest somewhere?)

Beyond a functionality/usability focus, check out that built in Oblivious DNS, DoH solution.

193
submitted 2 months ago* (last edited 2 months ago) by sp3ctr4l@lemmy.dbzer0.com to c/news@lemmy.world

A 155-millimeter shell fired during a live-fire demonstration for the 250th anniversary of the Marine Corps at Camp Pendleton on Saturday prematurely detonated, dropping fragments of the shell on a California Highway Patrol vehicle and motorcycle that were part of Vice President JD Vance’s protective detail, according to a patrol report.

No officers were hurt in the mishap, which dropped shrapnel onto the vehicles parked on a ramp to a major freeway that had been ordered closed by Gov. Gavin Newsom. The governor had objected to the plan to fire over the freeway, Interstate 5, and ordered a 17-mile stretch closed — against the guidance of military officials, who had said it was safe for it to remain open.

According to the patrol report, one officer described what sounded like pebbles hitting his motorcycle and the area around him, and two others saw a two-inch piece of shrapnel hit the hood of their patrol vehicle, leaving a small dent. The report says shrapnel was also found on the road near the motorcycle.

Mr. Newsom had warned that the Marine Corps’ plans to fire artillery shells over Interstate 5, the West Coast’s main north-south artery, could pose hazards for motorists on the stretch between Los Angeles and San Diego. The closure he ordered on Saturday caused significant backups on the portion of the interstate, which is used by approximately 80,000 people daily.


Full Article Text

A 155-millimeter shell fired during a live-fire demonstration for the 250th anniversary of the Marine Corps at Camp Pendleton on Saturday prematurely detonated, dropping fragments of the shell on a California Highway Patrol vehicle and motorcycle that were part of Vice President JD Vance’s protective detail, according to a patrol report.

No officers were hurt in the mishap, which dropped shrapnel onto the vehicles parked on a ramp to a major freeway that had been ordered closed by Gov. Gavin Newsom. The governor had objected to the plan to fire over the freeway, Interstate 5, and ordered a 17-mile stretch closed — against the guidance of military officials, who had said it was safe for it to remain open.

According to the patrol report, one officer described what sounded like pebbles hitting his motorcycle and the area around him, and two others saw a two-inch piece of shrapnel hit the hood of their patrol vehicle, leaving a small dent. The report says shrapnel was also found on the road near the motorcycle.

Mr. Newsom had warned that the Marine Corps’ plans to fire artillery shells over Interstate 5, the West Coast’s main north-south artery, could pose hazards for motorists on the stretch between Los Angeles and San Diego. The closure he ordered on Saturday caused significant backups on the portion of the interstate, which is used by approximately 80,000 people daily.

“We love our Marines and owe a debt of gratitude to Camp Pendleton, but next time, the vice president and the White House shouldn’t be so reckless with people’s lives for their vanity projects,” Mr. Newsom said in a statement to The New York Times.

Lt. Col. Lindsay Pirek, a spokeswoman for the First Marine Expeditionary Force at Camp Pendleton, said the Corps was aware of the report of a possible airborne detonation, and an investigation was underway.

“We are committed to determining the incident’s root cause and applying findings to future missions,” Colonel Pirek said. The statement did not provide additional detail on the munitions used during the exercise.

A spokesman for Mr. Vance declined to comment and referred reporters to the First Marine Expeditionary Force.

According to the report filed by the California Highway Patrol, the artillery round was fired at 1:46 p.m. from White’s Beach, approximately three-quarters of a mile south of Las Pulgas Road, where the highway patrol officers were parked after escorting Mr. Vance to the event.

The exercise — which the report said was expected to include the firing of approximately 60 155-millimeter shells — was terminated after the round prematurely exploded, the patrol said. Patrol officers checked the interstate for shell fragments but found none, and declared it clear before reopening it to vehicular traffic at 2:20 p.m.

The demonstration was part of a larger exercise marking the Corps’ 250th anniversary, attended by Mr. Vance and Defense Secretary Pete Hegseth. A Marine spokesman accompanying reporters witnessing the exercise was pulled aside by another Marine after the initial volley was fired by M777 howitzers, then told members of the news media that the initial plan for multiple volleys had been scaled back. The spokesman, Lt. Col. Brian Coleman, noted that there had been a lengthy back and forth between officials in the days leading up to the event, but gave no further information.

The decision to fire live artillery shells from the oceanfront training area was described as unusual by an active-duty Marine artillery officer and a former Marine artillery noncommissioned officer who spoke on the condition of anonymity because they feared reprisal. Those Marines said the only howitzer training they had previously observed at Camp Pendleton had taken place at approved artillery ranges on the main side of base, east of the interstate, which they said were a much safer option for training.

A highway patrol official based in the area also described it as an “unusual and concerning situation.” Tony Coronado, the highway patrol’s border division chief, said in a statement, that “it

is highly uncommon for any live-fire or explosive training activity to occur near an active freeway.”

Such mishaps are exceedingly rare, according to an active duty Marine who has spent more than 20 years as an artillery officer. The Marine, who was not authorized to speak publicly, said that the most likely explanation for such a mishap was a fault in the projectile’s fuze — a mechanical or electromechanical device fitted to the nose of the shell that causes it to explode.

The Marines fired howitzer shells across Interstate 5 on Friday evening as a rehearsal, evidently without incident.

The Marine Corps said before the event that the exercise would occur on “approved training ranges and comport with established safety protocols” without the need to close public roads.

“All air, surface and ground movements are scripted and rehearsed in accordance with standard operating procedures and established safety checklists,” the Marines said.


... ok, I feel like I am taking crazy pills.

Too tired to cut out summarize, here's my written attempt at... comprehending this... :

As part of a big military training excercise / publicity stunt / 'morale booster', Hegseth orders the Marines to fire live artillery rounds from Camp Pendleton on a trajectory that goes over I5, the busiest, main highway in California...

... and one of the shells detonates prematurely, and rains shrapnel down on JD Vance's security detail motorcade, on I5.

After Newsom closed I5 down for safety, after being told that would be unnecessary.

...

Yeah.

Sure.

... why not.

Accident?

Not so subtle 'fuck you' from the Marines, who now have less funding than ICE, whose 250th Anniversary isn't actually until November 10th?

???

Fucking mark this timeline zero, dude, this is over the line.

76

If the government shutdown continues into November, about 42 million low-income people could face severe disruptions to their food stamp benefits, the Agriculture Department warned in a letter to state agencies last week, saying that the federal government would have “insufficient funds.”

More than a dozen states have since warned that food stamp recipients may experience significant delays in obtaining benefits next month, see their aid reduced or not receive assistance at all.

The letter, a copy of which was obtained by The New York Times, said that the Agriculture Department’s Food and Nutrition Service (...) directed state agencies to pause sending vendors the electronic files typically used to load the benefits for November.

“We’re going to run out of money in two weeks,” Brooke L. Rollins, the agriculture secretary, told reporters at the White House on Thursday. “So you’re talking about millions and millions of vulnerable families, of hungry families that are not going to have access to these programs because of this shutdown.”

(...)

Nearly 42 million people participated in the food stamp program in May, the month with the latest available data. They received an average of $188, at a total cost of about $8 billion.


Tried my best to summarize down to most direct and pertinent facts via cutting out with (...) elipsis, but also, here's the whole text in case NYT paywalls you:

Entire Article Text:

If the government shutdown continues into November, about 42 million low-income people could face severe disruptions to their food stamp benefits, the Agriculture Department warned in a letter to state agencies last week, saying that the federal government would have “insufficient funds.”

More than a dozen states have since warned that food stamp recipients may experience significant delays in obtaining benefits next month, see their aid reduced or not receive assistance at all.

The letter, a copy of which was obtained by The New York Times, said that the Agriculture Department’s Food and Nutrition Service, which operates the food stamp program, known as the Supplemental Nutrition Assistance Program, or SNAP, was exploring contingency plans. But it directed state agencies to pause sending vendors the electronic files typically used to load the benefits for November.

“We’re going to run out of money in two weeks,” Brooke L. Rollins, the agriculture secretary, told reporters at the White House on Thursday. “So you’re talking about millions and millions of vulnerable families, of hungry families that are not going to have access to these programs because of this shutdown.”

In a statement, a White House official said that Democrats “chose to shut down the government knowing that programs like SNAP would soon run out of funds.”

Such a disruption would be the first in recent decades. Benefits have remained available through every shutdown in the last 20 years, said Carolyn Vega, the associate director of policy analysis for Share Our Strength, a nonprofit that supports antipoverty programs.

“We are in uncharted territory,” she said.

Nearly 42 million people participated in the food stamp program in May, the month with the latest available data. They received an average of $188, at a total cost of about $8 billion.

Nutrition policy experts pointed to several other funding sources for the food stamp program, and noted that the Agriculture Department could also provide partial benefits for November. The agency could tap into a contingency fund of about $6 billion, but that would still fall short of covering full benefits for the month.

To fund a federal nutrition program for mothers and children known as WIC, the Trump administration used money collected from customs duties. It is possible that the Agriculture Department could use that same source, known as Section 32, but the account is largely used for school lunch and other child nutrition programs, and is unlikely to be sufficient to fund both food stamps and WIC.

The agency also has regulations on how to reduce benefits based on need and household size. For example, higher-income families could see their November benefits reduced by a larger percentage than lower-income ones.

The Agriculture Department could also turn to a specific interpretation of existing law to justify continuing to fund food stamps, said David A. Super, a law professor at Georgetown University. Under that theory, food stamps are an entitlement program, like Medicare, that is not subject to the annual appropriations process.

“The simplest approach for the U.S.D.A. would be to recognize that language in the Food and Nutrition Act makes SNAP an entitlement independent of appropriations, and continue paying benefits on the strength of that language,” Mr. Super said.

Several states, such as Illinois and New York, have already stated that they cannot provide funding from their own coffers. And at least one state is already warning that October benefits, too, may be affected. Minnesota’s Department of Children, Youth and Families said on Friday that it could not guarantee the availability of benefits before Nov. 1 for new enrollees.

Still, Ms. Vega cautioned against panicking, emphasizing that eligible people should still apply. She called for more clarity and a quick resolution from officials in Washington.

“While a delay is certainly better than not issuing November benefits at all, even that can be really significant to a family that is counting on that money and already has a tight budget,” she said.


So uh yeah, ~42 million people set to start starving in about two weeks... uh... good luck everyone!

31
submitted 2 months ago* (last edited 2 months ago) by sp3ctr4l@lemmy.dbzer0.com to c/usa@lemmy.ml

If the government shutdown continues into November, about 42 million low-income people could face severe disruptions to their food stamp benefits, the Agriculture Department warned in a letter to state agencies last week, saying that the federal government would have “insufficient funds.”

More than a dozen states have since warned that food stamp recipients may experience significant delays in obtaining benefits next month, see their aid reduced or not receive assistance at all.

The letter, a copy of which was obtained by The New York Times, said that the Agriculture Department’s Food and Nutrition Service (...) directed state agencies to pause sending vendors the electronic files typically used to load the benefits for November.

“We’re going to run out of money in two weeks,” Brooke L. Rollins, the agriculture secretary, told reporters at the White House on Thursday. “So you’re talking about millions and millions of vulnerable families, of hungry families that are not going to have access to these programs because of this shutdown.”

(...)

Nearly 42 million people participated in the food stamp program in May, the month with the latest available data. They received an average of $188, at a total cost of about $8 billion.


Tried my best to summarize down to most direct and pertinent facts via cutting out with (...) elipsis, but also, here's the whole text in case NYT paywalls you:

Entire Article Text:

If the government shutdown continues into November, about 42 million low-income people could face severe disruptions to their food stamp benefits, the Agriculture Department warned in a letter to state agencies last week, saying that the federal government would have “insufficient funds.”

More than a dozen states have since warned that food stamp recipients may experience significant delays in obtaining benefits next month, see their aid reduced or not receive assistance at all.

The letter, a copy of which was obtained by The New York Times, said that the Agriculture Department’s Food and Nutrition Service, which operates the food stamp program, known as the Supplemental Nutrition Assistance Program, or SNAP, was exploring contingency plans. But it directed state agencies to pause sending vendors the electronic files typically used to load the benefits for November.

“We’re going to run out of money in two weeks,” Brooke L. Rollins, the agriculture secretary, told reporters at the White House on Thursday. “So you’re talking about millions and millions of vulnerable families, of hungry families that are not going to have access to these programs because of this shutdown.”

In a statement, a White House official said that Democrats “chose to shut down the government knowing that programs like SNAP would soon run out of funds.”

Such a disruption would be the first in recent decades. Benefits have remained available through every shutdown in the last 20 years, said Carolyn Vega, the associate director of policy analysis for Share Our Strength, a nonprofit that supports antipoverty programs.

“We are in uncharted territory,” she said.

Nearly 42 million people participated in the food stamp program in May, the month with the latest available data. They received an average of $188, at a total cost of about $8 billion.

Nutrition policy experts pointed to several other funding sources for the food stamp program, and noted that the Agriculture Department could also provide partial benefits for November. The agency could tap into a contingency fund of about $6 billion, but that would still fall short of covering full benefits for the month.

To fund a federal nutrition program for mothers and children known as WIC, the Trump administration used money collected from customs duties. It is possible that the Agriculture Department could use that same source, known as Section 32, but the account is largely used for school lunch and other child nutrition programs, and is unlikely to be sufficient to fund both food stamps and WIC.

The agency also has regulations on how to reduce benefits based on need and household size. For example, higher-income families could see their November benefits reduced by a larger percentage than lower-income ones.

The Agriculture Department could also turn to a specific interpretation of existing law to justify continuing to fund food stamps, said David A. Super, a law professor at Georgetown University. Under that theory, food stamps are an entitlement program, like Medicare, that is not subject to the annual appropriations process.

“The simplest approach for the U.S.D.A. would be to recognize that language in the Food and Nutrition Act makes SNAP an entitlement independent of appropriations, and continue paying benefits on the strength of that language,” Mr. Super said.

Several states, such as Illinois and New York, have already stated that they cannot provide funding from their own coffers. And at least one state is already warning that October benefits, too, may be affected. Minnesota’s Department of Children, Youth and Families said on Friday that it could not guarantee the availability of benefits before Nov. 1 for new enrollees.

Still, Ms. Vega cautioned against panicking, emphasizing that eligible people should still apply. She called for more clarity and a quick resolution from officials in Washington.

“While a delay is certainly better than not issuing November benefits at all, even that can be really significant to a family that is counting on that money and already has a tight budget,” she said.


So uh yeah, ~42 million people set to start starving in about two weeks... uh... good luck everyone!

184
submitted 2 months ago* (last edited 2 months ago) by sp3ctr4l@lemmy.dbzer0.com to c/news@lemmy.world

If the government shutdown continues into November, about 42 million low-income people could face severe disruptions to their food stamp benefits, the Agriculture Department warned in a letter to state agencies last week, saying that the federal government would have “insufficient funds.”

More than a dozen states have since warned that food stamp recipients may experience significant delays in obtaining benefits next month, see their aid reduced or not receive assistance at all.

The letter, a copy of which was obtained by The New York Times, said that the Agriculture Department’s Food and Nutrition Service (...) directed state agencies to pause sending vendors the electronic files typically used to load the benefits for November.

“We’re going to run out of money in two weeks,” Brooke L. Rollins, the agriculture secretary, told reporters at the White House on Thursday. “So you’re talking about millions and millions of vulnerable families, of hungry families that are not going to have access to these programs because of this shutdown.”

(...)

Nearly 42 million people participated in the food stamp program in May, the month with the latest available data. They received an average of $188, at a total cost of about $8 billion.


Tried my best to summarize down to most direct and pertinent facts via cutting out with (...) elipsis, but also, here's the whole text in case NYT paywalls you:

Entire Article Text:

If the government shutdown continues into November, about 42 million low-income people could face severe disruptions to their food stamp benefits, the Agriculture Department warned in a letter to state agencies last week, saying that the federal government would have “insufficient funds.”

More than a dozen states have since warned that food stamp recipients may experience significant delays in obtaining benefits next month, see their aid reduced or not receive assistance at all.

The letter, a copy of which was obtained by The New York Times, said that the Agriculture Department’s Food and Nutrition Service, which operates the food stamp program, known as the Supplemental Nutrition Assistance Program, or SNAP, was exploring contingency plans. But it directed state agencies to pause sending vendors the electronic files typically used to load the benefits for November.

“We’re going to run out of money in two weeks,” Brooke L. Rollins, the agriculture secretary, told reporters at the White House on Thursday. “So you’re talking about millions and millions of vulnerable families, of hungry families that are not going to have access to these programs because of this shutdown.”

In a statement, a White House official said that Democrats “chose to shut down the government knowing that programs like SNAP would soon run out of funds.”

Such a disruption would be the first in recent decades. Benefits have remained available through every shutdown in the last 20 years, said Carolyn Vega, the associate director of policy analysis for Share Our Strength, a nonprofit that supports antipoverty programs.

“We are in uncharted territory,” she said.

Nearly 42 million people participated in the food stamp program in May, the month with the latest available data. They received an average of $188, at a total cost of about $8 billion.

Nutrition policy experts pointed to several other funding sources for the food stamp program, and noted that the Agriculture Department could also provide partial benefits for November. The agency could tap into a contingency fund of about $6 billion, but that would still fall short of covering full benefits for the month.

To fund a federal nutrition program for mothers and children known as WIC, the Trump administration used money collected from customs duties. It is possible that the Agriculture Department could use that same source, known as Section 32, but the account is largely used for school lunch and other child nutrition programs, and is unlikely to be sufficient to fund both food stamps and WIC.

The agency also has regulations on how to reduce benefits based on need and household size. For example, higher-income families could see their November benefits reduced by a larger percentage than lower-income ones.

The Agriculture Department could also turn to a specific interpretation of existing law to justify continuing to fund food stamps, said David A. Super, a law professor at Georgetown University. Under that theory, food stamps are an entitlement program, like Medicare, that is not subject to the annual appropriations process.

“The simplest approach for the U.S.D.A. would be to recognize that language in the Food and Nutrition Act makes SNAP an entitlement independent of appropriations, and continue paying benefits on the strength of that language,” Mr. Super said.

Several states, such as Illinois and New York, have already stated that they cannot provide funding from their own coffers. And at least one state is already warning that October benefits, too, may be affected. Minnesota’s Department of Children, Youth and Families said on Friday that it could not guarantee the availability of benefits before Nov. 1 for new enrollees.

Still, Ms. Vega cautioned against panicking, emphasizing that eligible people should still apply. She called for more clarity and a quick resolution from officials in Washington.

“While a delay is certainly better than not issuing November benefits at all, even that can be really significant to a family that is counting on that money and already has a tight budget,” she said.


So uh yeah, ~42 million people set to start starving in about two weeks... uh... good luck everyone!

16

If the government shutdown continues into November, about 42 million low-income people could face severe disruptions to their food stamp benefits, the Agriculture Department warned in a letter to state agencies last week, saying that the federal government would have “insufficient funds.”

More than a dozen states have since warned that food stamp recipients may experience significant delays in obtaining benefits next month, see their aid reduced or not receive assistance at all.

The letter, a copy of which was obtained by The New York Times, said that the Agriculture Department’s Food and Nutrition Service ... directed state agencies to pause sending vendors the electronic files typically used to load the benefits for November.

“We’re going to run out of money in two weeks,” Brooke L. Rollins, the agriculture secretary, told reporters at the White House on Thursday. “So you’re talking about millions and millions of vulnerable families, of hungry families that are not going to have access to these programs because of this shutdown.”

...

Nearly 42 million people participated in the food stamp program in May, the month with the latest available data. They received an average of $188, at a total cost of about $8 billion.


Tried my best to summarize down to most direct and pertinent facts via cutting out with (...) elipsis, but also, here's the whole text in case NYT paywalls you:

Entire Article Text:

If the government shutdown continues into November, about 42 million low-income people could face severe disruptions to their food stamp benefits, the Agriculture Department warned in a letter to state agencies last week, saying that the federal government would have “insufficient funds.”

More than a dozen states have since warned that food stamp recipients may experience significant delays in obtaining benefits next month, see their aid reduced or not receive assistance at all.

The letter, a copy of which was obtained by The New York Times, said that the Agriculture Department’s Food and Nutrition Service, which operates the food stamp program, known as the Supplemental Nutrition Assistance Program, or SNAP, was exploring contingency plans. But it directed state agencies to pause sending vendors the electronic files typically used to load the benefits for November.

“We’re going to run out of money in two weeks,” Brooke L. Rollins, the agriculture secretary, told reporters at the White House on Thursday. “So you’re talking about millions and millions of vulnerable families, of hungry families that are not going to have access to these programs because of this shutdown.”

In a statement, a White House official said that Democrats “chose to shut down the government knowing that programs like SNAP would soon run out of funds.”

Such a disruption would be the first in recent decades. Benefits have remained available through every shutdown in the last 20 years, said Carolyn Vega, the associate director of policy analysis for Share Our Strength, a nonprofit that supports antipoverty programs.

“We are in uncharted territory,” she said.

Nearly 42 million people participated in the food stamp program in May, the month with the latest available data. They received an average of $188, at a total cost of about $8 billion.

Nutrition policy experts pointed to several other funding sources for the food stamp program, and noted that the Agriculture Department could also provide partial benefits for November. The agency could tap into a contingency fund of about $6 billion, but that would still fall short of covering full benefits for the month.

To fund a federal nutrition program for mothers and children known as WIC, the Trump administration used money collected from customs duties. It is possible that the Agriculture Department could use that same source, known as Section 32, but the account is largely used for school lunch and other child nutrition programs, and is unlikely to be sufficient to fund both food stamps and WIC.

The agency also has regulations on how to reduce benefits based on need and household size. For example, higher-income families could see their November benefits reduced by a larger percentage than lower-income ones.

The Agriculture Department could also turn to a specific interpretation of existing law to justify continuing to fund food stamps, said David A. Super, a law professor at Georgetown University. Under that theory, food stamps are an entitlement program, like Medicare, that is not subject to the annual appropriations process.

“The simplest approach for the U.S.D.A. would be to recognize that language in the Food and Nutrition Act makes SNAP an entitlement independent of appropriations, and continue paying benefits on the strength of that language,” Mr. Super said.

Several states, such as Illinois and New York, have already stated that they cannot provide funding from their own coffers. And at least one state is already warning that October benefits, too, may be affected. Minnesota’s Department of Children, Youth and Families said on Friday that it could not guarantee the availability of benefits before Nov. 1 for new enrollees.

Still, Ms. Vega cautioned against panicking, emphasizing that eligible people should still apply. She called for more clarity and a quick resolution from officials in Washington.

“While a delay is certainly better than not issuing November benefits at all, even that can be really significant to a family that is counting on that money and already has a tight budget,” she said.


So uh yeah, ~42 million people set to start starving in about two weeks... uh... good luck everyone!

8

Goldman Sachs Group Inc.’s chief credit strategist Lotfi Karoui is leaving the Wall Street bank after 18 years, according to an internal memo reviewed by Bloomberg.

Karoui, who was also the head of credit, mortgages and structured products research, was named chief credit strategist in 2017 and was among 95 executives promoted to partnership in November.

His departure comes as Goldman Sachs’s chief US equity strategist, David Kostin, is set to retire from the bank at the end of the year, Bloomberg reported last month.

...

A representative for Goldman confirmed his departure but declined to comment further. Karoui didn’t respond to requests for comment.

Emphasis mine, and editorial below.

Ok, so, guy is with GS for 18 years, gets promoted to partner less than a year ago... and now he is suddenly leaving, with no comment from either himself or GS...

Millenials and older; does anyone remember what was going on with Goldman Sachs roughly 18 years ago?

Other investment banks?

Something about mortgage backed securities?

... How did that all turn out?

19

Goldman Sachs Group Inc.’s chief credit strategist Lotfi Karoui is leaving the Wall Street bank after 18 years, according to an internal memo reviewed by Bloomberg.

Karoui, who was also the head of credit, mortgages and structured products research, was named chief credit strategist in 2017 and was among 95 executives promoted to partnership in November.

His departure comes as Goldman Sachs’s chief US equity strategist, David Kostin, is set to retire from the bank at the end of the year, Bloomberg reported last month.

...

A representative for Goldman confirmed his departure but declined to comment further. Karoui didn’t respond to requests for comment.

Emphasis mine, and editorial below.

Ok, so, guy is with GS for 18 years, gets promoted to partner less than a year ago... and now he is suddenly leaving, with no comment from either himself or GS...

Millenials and older; does anyone remember what was going on with Goldman Sachs roughly 18 years ago?

Other investment banks?

Something about mortgage backed securities?

... How did that all turn out?

5
submitted 2 months ago* (last edited 2 months ago) by sp3ctr4l@lemmy.dbzer0.com to c/usa@lemmy.ml

Goldman Sachs Group Inc.’s chief credit strategist Lotfi Karoui is leaving the Wall Street bank after 18 years, according to an internal memo reviewed by Bloomberg.

Karoui, who was also the head of credit, mortgages and structured products research, was named chief credit strategist in 2017 and was among 95 executives promoted to partnership in November.

His departure comes as Goldman Sachs’s chief US equity strategist, David Kostin, is set to retire from the bank at the end of the year, Bloomberg reported last month.

...

A representative for Goldman confirmed his departure but declined to comment further. Karoui didn’t respond to requests for comment.

Emphasis mine, and editorial below.

Ok, so, guy is with GS for 18 years, gets promoted to partner less than a year ago... and now he is suddenly leaving, with no comment from either himself or GS...

Millenials and older; does anyone remember what was going on with Goldman Sachs roughly 18 years ago?

Other investment banks?

Something about mortgage backed securities?

... How did that all turn out?

21
submitted 2 months ago* (last edited 2 months ago) by sp3ctr4l@lemmy.dbzer0.com to c/news@lemmy.world

Goldman Sachs Group Inc.’s chief credit strategist Lotfi Karoui is leaving the Wall Street bank after 18 years, according to an internal memo reviewed by Bloomberg.

Karoui, who was also the head of credit, mortgages and structured products research, was named chief credit strategist in 2017 and was among 95 executives promoted to partnership in November.

His departure comes as Goldman Sachs’s chief US equity strategist, David Kostin, is set to retire from the bank at the end of the year, Bloomberg reported last month.

...

A representative for Goldman confirmed his departure but declined to comment further. Karoui didn’t respond to requests for comment.

Emphasis mine, and editorial below.

Ok, so, guy is with GS for 18 years, gets promoted to partner less than a year ago... and now he is suddenly leaving, with no comment from either himself or GS...

Millenials and older; does anyone remember what was going on with Goldman Sachs roughly 18 years ago?

Other investment banks?

Something about mortgage backed securities?

... How did that all turn out?

5

Hedge funds in the Cayman Islands held more Treasuries at end-2024 than US official data show, with their ownership likely to be $1.4 trillion higher than reported, according to researchers at the Federal Reserve.

The funds’ holdings had increased by $1 trillion since 2022 to reach $1.85 trillion by end-December, the researchers including Daniel Barth and Daniel Beltran wrote in an Oct. 15 note. A report from the Department of the Treasury put the funds’ ownership at $423 billion.

The Fed researchers said their figures showed the Cayman Islands is the largest foreign owner of US government securities, ranking ahead of China, Japan and the UK.

Emphasis mine.

Also my own editorializing: Those hedge funds are likely leveraged somewhere between 50:1 and 100:1.

So uh... all good, totally normal, lol.

6
submitted 2 months ago by sp3ctr4l@lemmy.dbzer0.com to c/usa@lemmy.ml

Hedge funds in the Cayman Islands held more Treasuries at end-2024 than US official data show, with their ownership likely to be $1.4 trillion higher than reported, according to researchers at the Federal Reserve.

The funds’ holdings had increased by $1 trillion since 2022 to reach $1.85 trillion by end-December, the researchers including Daniel Barth and Daniel Beltran wrote in an Oct. 15 note. A report from the Department of the Treasury put the funds’ ownership at $423 billion.

The Fed researchers said their figures showed the Cayman Islands is the largest foreign owner of US government securities, ranking ahead of China, Japan and the UK.

Emphasis mine.

Also my own editorializing: Those hedge funds are likely leveraged somewhere between 50:1 and 100:1.

So uh... all good, totally normal, lol.

35
submitted 2 months ago by sp3ctr4l@lemmy.dbzer0.com to c/news@lemmy.world

Hedge funds in the Cayman Islands held more Treasuries at end-2024 than US official data show, with their ownership likely to be $1.4 trillion higher than reported, according to researchers at the Federal Reserve.

The funds’ holdings had increased by $1 trillion since 2022 to reach $1.85 trillion by end-December, the researchers including Daniel Barth and Daniel Beltran wrote in an Oct. 15 note. A report from the Department of the Treasury put the funds’ ownership at $423 billion.

The Fed researchers said their figures showed the Cayman Islands is the largest foreign owner of US government securities, ranking ahead of China, Japan and the UK.

Emphasis mine.

Also my own editorializing: Those hedge funds are likely leveraged somewhere between 50:1 and 100:1.

So uh... all good, totally normal, lol.

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sp3ctr4l

joined 8 months ago