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bigjoe1
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| Number of Posts: | 1791 |
| Registered on: | 1/15/2024 |
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quote:
what will the power that’s generated be used for
Used to power our moon base. :usa:
2
White House wants nuclear reactor orbiting the moon by 2028
Posted by bigjoe1 on 4/17/26 at 8:58 pm
quote:Oilprice.com
The Trump administration has grand plans for “ENSURING AMERICAN SPACE SUPERIORITY.” When NASA sent humans to the moon for the first time this century earlier this month, the organization made it clear that this is just the “opening act” for a new and revitalized era of space exploration. Under the Trump administration, NASA has enormous ambitions, going as far as to plan a permanent base on the moon, which will need never-before-seen energy innovations to maintain a secure source of power. This week, the federal government laid out its plans to achieve it.
The plan is to send a nuclear reactor into space. Last year, Trump issued a plan to install a nuclear reactor on the surface of the moon, but new orders describe a brand new vision. The April 14 plan lays out a mandate for NASA, the Pentagon and the Department of Energy to develop a nuclear system capable of orbiting the moon, and to have it launch-ready as soon as 2028.
To achieve this vision, NASA will partner with various agencies to fast-track mid-power fission reactor designs and surface power variants, which will compete to achieve near-term demonstration of viable models. “The White House’s overall strategy is to conduct parallel and mutually-reinforcing NASA and Department of War (DOW) design competitions to enable near-term demonstration and use of low- to mid-power space reactors in orbit and on the lunar surface, and prepare to deploy high-power reactors in the 2030s,” Interesting Engineering reported this week.
re: I like Vance more than Rubio for 28.
Posted by bigjoe1 on 4/17/26 at 11:38 am to Mushroom1968
I think for the foreseeable future, any presidential candidate will have to assure voters he'll force Iran to abide by whatever agreement is made.
Assume the strait stays open, we get the nuclear dust and Iran stops funding terror groups and whatever else is agreed to how long before Iran tests a new president?
I'd imagine the moderates in Iran are telling the hardliners we have no cards to play with Trump but, he won't be president forever. Let's step back a few years and see if th next one is determined as Trump.
Assume the strait stays open, we get the nuclear dust and Iran stops funding terror groups and whatever else is agreed to how long before Iran tests a new president?
I'd imagine the moderates in Iran are telling the hardliners we have no cards to play with Trump but, he won't be president forever. Let's step back a few years and see if th next one is determined as Trump.
Pre opening, the S&P is on a new high
Looks like what's left of the Powers That Be in Iran don't want no more smoke. :usa:
re: Official US/Israel vs Iran war thread
Posted by bigjoe1 on 4/16/26 at 8:55 pm to Tigerswillprevail
quote:Trump says war with Iran "going swimmingly "and should end soon. CNBC
President Donald Trump on Thursday said that “the war in Iran is going along swimmingly.”
“It should be ending pretty soon,” Trump said at an event in Las Vegas, echoing similarly rosy predictions about the end of the war that he has made since the United States and Israel launched attacks on Iran in late February.
“It was perfect. It’s perfect. It was the power we have,” the president said. “We had the most powerful military anywhere in the world.”
quote:
Screw the Nobel peace prize. If true then POTUS deserves a weekend alone with Sydney Sweeney.
Why not both! :bow:
Need more midnight basketball :banghead:
If this is true and the straits are open, the course of history in the Middle East has changed. A well deserved Nobel Peace Prize! :usa:
quote:
Can Warsh get confirmed while Pirro is still hanging an investigation over Powell’s head? Tillis no likey.
If Tillis digs in and the Democrats on the committee vote as a bloc then the nomination won't get out of committee.
If that happens it's my understanding the current chairman stays until a replacement is confirmed.
I doubt he gets very far in trying to fire Powell, Hell he couldn't fire Lisa Cook.
Having said that, Powell should resign as a fed Governor when his term as chairman ends next month. It's a tradition. The last time someone stayed after their term expired Harry Truman was president.
Trump threatens to fire Powell if he doesn't leave the Fed in May
Posted by bigjoe1 on 4/15/26 at 7:35 am
quote:CNBC
President Donald Trump on Wednesday again threatened to fire Federal Reserve Chair Jerome Powell and said the probe into the renovation of the central bank’s headquarters needs to continue.
If Powell stays on as a Fed governor after his successor is confirmed, Trump said he’ll have him removed from office.
“Then I’ll have to fire him,” the president said during an interview on Fox Business. “If he’s not leaving on time — I’ve held back firing him. I’ve wanted to fire him, but I hate to be controversial. I want to be uncontroversial.”
Powell’s term as chair expires May 15, and Trump has nominated former Fed Governor Kevin Warsh as his replacement.
Though Powell’s time as chair is nearly finished, he has two years remaining on his term as governor. Though most Fed chairs in the past have left the central bank after being replaced, Powell has demurred under repeated questions on what he plans to do.
Powell’s exit as chair has been complicated by an investigation into the Fed headquarters renovation. Washington, D.C. U.S. Attorney Jeanine Pirro tried issuing a subpoena to Powell for information regarding the project but was rebuffed by a judge, a decision she is appealing.
At the same time, Sen. Thom Tillis, R-N.C., said he will block Warsh’s nomination from leaving the Senate Banking Committee until the probe is finished.
Trump said the investigation must continue.
“What they’ve done to that so it is probably corrupt, but what it really is is incompetent, and we have to show the incompetence of that,” he said.
Last year, Trump tried to replace Governor Lisa Cook following accusations of mortgage improprieties, but has been unsuccessful this far. The case has been argued before the U.S. Supreme Court and is awaiting a decision.
The president also repeated his calls for lower interest rates and said he’s confident Warsh will make that happen.
re: Official US/Israel vs Iran war thread
Posted by bigjoe1 on 4/15/26 at 7:24 am to OccamsStubble
quote:
I really like JD Vance, but who is “we”. If “we” is the US Government, how does this happen considering “we” are broke.
I fear that by “we” he means the US taxpayer who is the “we” being drained of earnings to feed the Ukraine War at the moment and will be the “we” that is drained to rebuild the Iran economy
I think he means we will lift sanctions and unfreeze bank accounts.
No way in hell does the U.S. start writing checks.
quote:
Boasberg is desperately trying to keep his daughter in her cushy multimillion dollar tax payer funded job 'representing' illegals
Why would this not be a conflict of interest in immigration cases assigned to Boasberg?
The interesting thing to me is, this is the first time Bessent has publicly disagreed with Trump on the direction of interest rates.
re: Official US/Israel vs Iran war thread
Posted by bigjoe1 on 4/14/26 at 4:07 pm to idlewatcher
quote:
It gives Iran yet another reason to delay. I don’t like it either
But why waste time if the negotiator's can't deliver on a deal? I'm OK with this precondition.
Bessent now says it's OK for the Fed to delay rate cuts due to oil surge
Posted by bigjoe1 on 4/14/26 at 8:18 am
quote:CNBC
U.S. Treasury Secretary Bessent said the Federal Reserve could wait to lower interest rates amid the oil spike, in a departure from his previous stance on monetary policy.
“Do I think rates should be lowered? Eventually. I think now that we have to wait and see,” Bessent told Semafor Editor-in-Chief Ben Smith at the Semafor World Economy conference in Washington, DC.
Bessent has previously said that Fed Chair Jerome Powell should hasten cutting interest rates, saying in January that reductions are “the only ingredient missing for even stronger economic growth. Which is why the Fed should not delay.”
But the change in thinking comes amid the ongoing war in Iran, which has driven up oil prices to above $100 a barrel.
That complicates the Fed’s mandate, as it eyes rising inflation alongside slowing growth. The central bank was last expected to hold rates steady this year, with the slimmest possibility of a hike, according to fed funds futures pricing.
Coming out of “January and February — the economy was very strong,” Bessent told Semafor.
Powell’s term as chair is up in May, but he could have to stay on longer if Trump’s chair nominee which Bessent helped select, Kevin Warsh, can’t get confirmed by the Senate by the time. Sen. Thom Tillis has vowed to block a Warsh vote until U.S. Attorney Jeanine Pirro ends her criminal probe into Powell related to Fed building cost overruns. Powell has said the probe is designed to put pressure on him by the Trump administration for not cutting rates more.
re: Appeals court lets Trump resume White House ballroom construction
Posted by bigjoe1 on 4/14/26 at 7:05 am to Major Dutch Schaefer
What else could they do? I mean you just can't leave it like that. It has to be built now.
World's top oil trader has massive losses
Posted by bigjoe1 on 4/13/26 at 3:13 pm
quote:oilprice.com
he legendary derivatives trading team at Vitol Group, the world’s largest oil trader, has reportedly lost hundreds of millions of U.S. dollars on oil bets that went very wrong as the war in the Middle East roiled global markets and trapped physical supply at the Strait of Hormuz.
Vitol’s star trader Yaoyao Liu found himself on the wrong side of bets on crude and fuel prices at the start of the U.S.-Israel war with Iran, as prices soared in the worst disruption of global oil supply in history, the Wall Street Journal reports, quoting sources with knowledge of the matter.
Liu’s trades are reportedly a closely-guarded secret not only on the market but also within Vitol itself.
re: Official US/Israel vs Iran war thread
Posted by bigjoe1 on 4/13/26 at 3:10 pm to cajuntiger1010
BlackRock thinks the war is over CNBC
BlackRock raise's view on U.S. stocks-believes the war is over
Posted by bigjoe1 on 4/13/26 at 3:02 pm
quote:CNBC
Asset management giant BlackRock raised its outlook for U.S. stocks, reasoning that contained impacts from the Iran war and strong corporate earnings will create a favorable backdrop for domestic equities.
The firm, which manages $14 trillion for clients, said in its weekly market note that it raised the rating a notch to overweight from neutral.
Developments in the war had made BlackRock cautious on domestic stocks. But it said prospects for a lasting ceasefire now have strategists believing that the impacts won’t be major.
“We saw two signposts that would lead us to re-up risk after reducing it a few weeks ago. First, tangible evidence of actions that would reopen flows through the Strait of Hormuz. And second, visibility on the lingering macro impact being contained,” the firm said. “This comes as expectations for corporate earnings have climbed for both the U.S. and [emerging markets] for 2026 – even since the conflict began on Feb. 28.”
Moreover, the BlackRock strategists said “the threshold for the U.S. and Iran to go back to war is high,” further limiting potential damage.
At the same time, prospects for corporate profits appear bright.
With earnings season just getting underway, S&P 500
companies are expected to post a collective 12.6% profit increase in the first quarter, according to FactSet. If historical beat rates hold, that would rise to 19%, the forecasting firm said.
Moreover, technology profits are expected to grow 45% this year, yet the sector has seen only a marginal gain this year.
BlackRock said that has put the valuation of information technology against the other 10 S&P 500 sectors at its lowest since mid-2020.
“We re-up risk in the U.S. and EM due to strong corporate earnings expectations and limited accrued damage to global growth,” the strategists said. “We focus on profit margins this Q1 U.S. earnings season and still favor thematic opportunities like defense.”
The two regions are the only overweights BlackRock has in its equity portfolio.
re: Official US/Israel vs Iran war thread
Posted by bigjoe1 on 4/13/26 at 1:43 pm to BayouBengal51
quote:
*Scary noises intensify*
When they say this, they mean that they have a new AI movie they want to vomit out onto the internet.
Reminds me of Hitler boasting about "Wonder Weapons" as the Russians closed in on Berlin.
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