The Republican Majority on the Senate Banking Committee released a press release Friday confirming that they were intentionally eliminating the “duplicative Office of Financial Research (OFR)”.
According to sources I’ve talked to in the Senate, Republican committee members have shown little concern with the elimination of the Office of Financial Research.
They also seem aware of the concerns over SOFR, because both their “one pager” and “section by section” documents claim their proposals are preserving financing for SOFR.
Yet, this “preservation” is not in their legislative text proposal.
Confusingly, the “section by section” document even claims, falsely, that their proposed legislative text “provides the Treasury Department with the necessary authority/funds to continue collecting data on the Secured Overnight Financing Rate (SOFR)”.
There are many reasons to doubt the Majority Senate Banking’s claims.
For one thing, if they plan on replicating the OFR
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The Republican Majority on the Senate Banking Committee released a press release Friday confirming that they were intentionally eliminating the “duplicative Office of Financial Research (OFR)”.
According to sources I’ve talked to in the Senate, Republican committee members have shown little concern with the elimination of the Office of Financial Research.
They also seem aware of the concerns over SOFR, because both their “one pager” and “section by section” documents claim their proposals are preserving financing for SOFR.
Yet, this “preservation” is not in their legislative text proposal.
Confusingly, the “section by section” document even claims, falsely, that their proposed legislative text “provides the Treasury Department with the necessary authority/funds to continue collecting data on the Secured Overnight Financing Rate (SOFR)”.
There are many reasons to doubt the Majority Senate Banking’s claims.
For one thing, if they plan on replicating the OFR’s activities then the alleged budgetary savings would disappear.
No one, not least the Congressional Budget Office, has estimated the cost of replicating OFR activities at “main Treasury”.
Even if you took the CBO’s estimates at face value, the supposed reduction of the deficit is equivalent to 0.000001% of 2024 GDP per year.
Those estimates also come from assuming that the elimination of the bank fees will lead to higher taxable bank income and thus increase corporate tax revenue (I’m not kidding).
This is, to say the least, a highly questionable assumption. -- But let's pretend to take this seriously for a moment.
Even if this were true, to call this generously estimated sum a rounding error would be too generous.
This highly questionable budgetary saving is not remotely worth risking the stability of the financial system. crisesnotes.com/the-one-big-be…
It's true that open source is made up of community members coming together to make software solutions in a collaborative and open way.
It is also true that open source is defined by a bunch of licenses.
The licenses may not be the fun part, but being organized about what parts of your project are under which license is important for all the rest of it to work!
Thanks to the @fsfe we have an easier way to manage that. :)
Learn how the REUSE specification from FSFE helps bring clarity to open source licensing. This article covers real-world examples, and tips to make your project REUSE compliant.
Summary Since it first opened, mastodon.social has operated without any sort of explicit IP grant from the users to the service, which is unusual for a social networking service. Today Mastodon ann...
Hey Girl! Check out these new Black Romance releases from May 26th-June 1st. Unexpected Pass by A. Blossom She came with a baby and baggage. He showed up with his heart.Phileigh Read has spent her …
A bride was shot dead on her wedding night in a village near the south-east French city of Avignon after masked gunmen opened fire, local officials say.
Federated Services are services which many instances form a network to provide a greater whole than the sum of their parts, each participant in the Fediverse is an “instance”. A message or other item made available on one instance is visible and available on other instances.
We make these services available to all people who do not abuse it in order to promote the values of Free Speech, and those of the United States Constitution First Amendment. A free republic is not possible without free speech and commercial mainstream media do not provide it. We also get some advertisement benefit from hosting these, it is our hope that people who see how fast and responsible our services are will decide to do hosting or use other paid services here.
There are numerous federated services available, we offer Macrobloging platform Friendica, Hubzilla; Microbloging services Mastodon, Misskey, a federated search engine, Yacy, and a federated cloud service, Nextcloud.
Macrobloging services are message systems that allow long form posts similar in format to Facebook. These allow for works of fiction, poetry, technical papers, news items, short stories, and more. These formats are most useful for discussion of social issues.
Microbloging services allow only short form posts similar in format to Twitter. While you can link to larger articles elsewhere, you have a relatively short character limit and so can not post them directly.
Censorship, is handled much different on the fediverse than on mainstream media like Twitter or Facebook. On the fediverse, each individual instance is responsible for content available on that instance, but does not censor the rest of the network. Thus if you find the rules of one instance too constraining you can move to another.
Federated search engines are analogous to federated message systems in that each instance chooses what portion of the internet it wants to crawl. When you enter a search term, the local instance queries all of the federated instances, collates and sorts the results and presents them to you. As with messages, each instance can have it’s own censorship policies but no one instance can censor the entire network.
Given the wild-west nature of the fediverse, it is probably not suitable for children under 14, and you’re guaranteed to find some material that will offend virtually everyone. With federated search engines, material that is inappropriate will usually be flagged sensitive or nsfw (not safe for work) so as long as you don’t expand material marked as such, you can avoid this sort of material. There are occasionally people who violate these rules, we do our best to remove such individuals none the less some will get through.
We offer the following federated services:
Friendica.Eskimo.Com Friendica is a decentralized long format macrobloging message network. It is similar in format to facebook however there is no centralized censorship. Also, it is able to federate with all other federated message systems which use ActivityPub protocol and also we have extensions that allow it to speak to several other networks via other protocols.
Hubzilla.Eskimo.Com Hubzilla is similar in message format to Friendica in that it allows long posts. However, it specializes in it’s ability to provide connectivity to multiple protocols and so we include it in our mix of federated services primarily for the better connectivity it offers. Hubzilla provides a great deal of interoperability between many networks though ActivityPub is still it’s primary protocol. Hubzilla gives you a greater degree of control over privacy than some of the other networks. You can create private channels that are served between hubzilla instances and other compatible instances.
Mastodon.Eskimo.Com Mastodon is first and foremost an alternative to Twitter. While Twitter has Tweets, Mastodon has Toots. The format is very similar. Mastodon toots have a limit of 500 characters. Similar to the short limit of Twitter. This is why this platform is referred to as a Microbloging format. Mastodon interacts with other ActivityPub instances however when a long form blog post from another instance arrives, you are only shown a short portion with a link to follow to see the full post on the originating site.
NextCloud.Eskimo.Com Nextcloud If you are a customer of Eskimo North, your login credentials will work without a domain extension to access Nextcloud. If you are not a customer you can apply for a Nextcloud account using your choice of login and password, in this case the login should include your originating network. Some features require an Eskimo North shell account to take full advantage of.
Pixelfed.Eskimo.Com Pixelfed is a federated pixel gallery. A place where you can share your photos to the widest audience possible, and you can view what others have shared. Instance is new as of April 6th, 2025.
Yacy.Eskimo.Com Yacy is a federated search engine. There are several thousand instances on the Internet. Each instances crawls whatever portion of the web the administrator requested. It is also possible for the administrator of a site with relatively few resources to request a larger site to do crawls on their behalf. Unfortunately, it does not provide a method for an end user to initiate a crawl, but if you send e-mail to support@eskimo.com and request a crawl, we will initiate a crawl on your behalf.
Tyler Morton reckons England U21s laid down a marker for future Three Lions sides after knocking out tournament favourites Spain and setting up a European
The popular festival in the city of Porto, which brings a crowd to the streets on the night of 23 to 24 June, will feature a “special super-service” from the
used it more often on twixer or jabber before, after I "converted" in 2005. most compared linux-fans to evangelicals - have you heard of the penguin, our saviour -, but from the berlin ccc I heard this about free software fanatics and used it since then
@maypop_neocities funfact: one of my motivations and why I recommend it every windows-eol-cycle was, learn to use a new version of the os seemed to much work.
@maypop_neocities my last windows was 98, so sit me down in front of a windows 11 box and I expect to be completely lost. and apple - I know they changed it long time ago, but for me it'll always be the computers with only one mousebutton.
India snapped a seven-match losing run in the FIH Pro League, as they beat Belgium 4-3 in their last game of the season in Antwerp on Sunday evening. In a
atom_skillz
in reply to Fedora Project • • •Can the FSFE help handling the current licensing mess in Mastodon?
github.com/mastodon/mastodon/d…
New Terms of Service IP clause cannot be terminated or revoked, not even by deleting content · mastodon mastodon · Discussion #35114
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