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@TFTC21@TFTC21

The FAA just grounded every departing flight in America over a telecom outage. It's only the second nationwide ground stop since 9/11. At 3:54 PM ET the FAA Command Center ordered all U.S. airports ground stopped "due to extraordinary circumstances and for reasons of safety." The FAA blames a "temporary telecommunications outage" at the Air Route Traffic Control Centers, the 22 facilities that handle every flight above 18,000 feet. The fallout so far: • 11,000 flights were scheduled to leave U.S. airports after 4 PM ET (Cirium) • Nearly 7,000 delayed or canceled (FlightAware) • About 1,000 airborne flights headed for U.S. airports at 6 PM ET, vs 4,500+ at the same time last week (Flightradar24) • Canada is metering traffic at Toronto, Montreal, Calgary and Vancouver • The stop is set to run until 11 PM ET DHS Secretary Markwayne Mullin says there is "no indication as of yet" of an attack, and that they are "not ruling out anything at this point." The last one was January 2023, when the NOTAM system failed and departures paused for under two hours. This one is scheduled for seven. Congress gave the FAA $12.5 billion last year to replace this system. A little over two hours before it went down, the FAA was celebrating controllers in Cincinnati switching from paper flight strips to electronic ones.

@TFTC21@TFTC21

Starting Dec 14, public housing and Section 8 tenants get checked against a DHS database, and every family member signs a consent form. HUD Secretary Scott Turner says it closes a "decades-old loophole." Mixed-status families get temporary aid while it runs.

@TFTC21@TFTC21

The FAA has ordered every airport in the US ground stopped "due to extraordinary circumstances and for reasons of safety." Departures stay grounded until further notice. Transportation Secretary Sean Duffy blames a communication issue at air traffic control centers.

@TFTC21@TFTC21

Spot bitcoin ETFs were up about $1.01 billion for 2026 on Oct. 29. Today they're down roughly $1.5 billion, and bitcoin has slipped below $70,000, its lowest since August. Where did the buyers go? • Oct. 30, $643.3M of net outflows in a single day • Nov. 2 to 6, $1.28 billion of net outflows • Nov. 11, $299.8M out and the fifth straight negative session, with BlackRock's IBIT at $269.7M • The five-session streak through Nov. 11 totaled about $1.44 billion If the year ends here, 2026 becomes the first negative year for these funds since they launched in January 2024, and IBIT is where most of the Nov. 11 selling showed up. Institutions were supposed to be the permanent hands, and they're the first ones out the door when the price slides. Always remember, you don't own the bitcoin unless you control the keys.

@TFTC21@TFTC21

In a North Korean scheme the FBI calls FaceStealer, victims were invited to video calls by hijacked accounts of people they knew and shown prerecorded webcam footage of them. The FBI just seized cloud infrastructure, including more than 900 webcam videos of victims.

@TFTC21@TFTC21

Coinbase CEO Brian Armstrong and World Liberty Financial are named in a roughly 180-page oversight blueprint from the progressive Groundwork Collaborative, drawn up for possible Democratic investigations. It is not an official plan, and no hearings or witnesses are scheduled.

@TFTC21@TFTC21

Governments ask for more access while the record on results stays thin. The Commoner covers it plainly. Bitcoin, macro, AI, and freedom tech. Every weekday, free. Sign up for The Commoner: tftc.io/commoner

@TFTC21@TFTC21

The UK failed to protect girls from rape, and now wants more power to watch everyone else. Baroness Casey's audit describes organisations avoiding questions about the ethnicity of offenders “for fear of appearing racist, raising community tensions or causing community cohesion problems.” Police forces told the audit that local authorities discouraged them from publicising successful convictions. Casey describes girls treated as “wayward teenagers” or collaborators in their own abuse. In the audit's account of Operation Stovewood in Rotherham, nearly two-thirds of those convicted were recorded as having a Pakistani ethnic background. “It is not racist to want to examine the ethnicity of offenders,” Casey writes. This week, Security Minister Dan Jarvis told the Investigatory Powers Commissioner's Office that more than 350,000 authorised requests for communications data in 2025 were something to celebrate. He defended powers requiring telecom operators to retain data or make it available in intelligible form. He said providers, wherever they are located, should not provide a means to “hide from justice.” Jarvis also pointed to AI as a reason to keep the surveillance framework under review. Marty Bent's read: that demand for access could extend into deciding which intelligence ordinary people are allowed to use. The authorities fail to protect people, then ask those same people to trust them with control over what they say and do.

@TFTC21@TFTC21

LIVE: Jensen is out at NVIDIA. Who controls AI now? Rabbit Hole Recap w/ @MartyBent & @tpacchia x.com/i/broadcasts/2…

@TFTC21@TFTC21

The House passed a stock trading ban for Congress 232-198 in July, and the Senate has not acted on it. Now Schatz and Jeffries both list a ban among their early goals once Democrats take full control in January, Reuters reports. Funny how an election changes priorities.

@TFTC21@TFTC21

411 of 1,021 counties across 11 states have more names on their voter rolls than citizens of voting age, per a count of 2026 registration files. Why do so many counties have more registered voters than eligible citizens?

@TFTC21@TFTC21

A 19-year-old in San Diego was riding to work when a police officer allegedly shot him, after a license plate reader flagged the car as stolen. The owner says it wasn't stolen. The alert reached the officer less than five minutes before the shot.

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Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.

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