BLC Admin Tlm724 News Update

Afternoon Update 04/30/215

Exclusive - Iraq seeks credit rating before jumbo bond issue

Tlm724:  Thanks Rocky this is a good one !

Iraq plans to obtain a sovereign credit rating and is approaching rating agencies as it prepares for a jumbo $5 billion (£3.2 billion) bond issue needed to cover a budget deficit caused by low oil prices
 
Tlm724:  Jumbo bond issue, go big or go home !!!!

"We started the process," Hoshiyar Zebari

Tlm724:  Action !
~~~

Iraq has said it will issue $5 billion of debt in its first international bond sale for nine years.

Tlm724:  For the first time in 9 years wow ! International bonds baby and let us not forget that bonds are a debt and, depending on the terms of the bond, Iraq is obliged to pay them interest and/or to repay the principal at a later date, just sayin...

It has been discussing its bond issue plan with Citibank and Deutsche Bank

 

The process of obtaining a credit rating could be a delicate one for Iraq, requiring it to open its books to the agencies and disclose new information on its finances. Zebari did not say when he expected the process to be completed

Tlm724:  If Iraq whats to play with the big boys then they will have to open their books ! Full transparency is required.

many fund managers think it would struggle to sell $5 billion in a short space of time, even with generous pricing.

Tlm724:  In order for Iraq to entice these fund managers they are going to have to get a good credit rating and also avoid the anti-money laundering black list. These two issues are critical to Iraq's economic reform plan ! It is imperative to address these and do it quickly in order to build international confidence !

Asked if $5 billion was too ambitious, Zebari said: "We have in the budget a commitment to issue $6 billion. So this is the low - this is how we plan to cover our deficit. But there’s no way we can do it in one tranche.”

Tlm724:  Not issueing in one tranche means not all at once, there will be predetermined schedule of issuance.

In addition to the international bond issue, Iraq has introduced or is planning other fiscal measures including a local currency bond issue to banks

Tlm724:  This is telling for sure issueing bonds in dinar, the question remains what will they do to the dinar to make it attractive ? Still to be determined  Wink

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Smart answer: recent Central Bank action to increase outlets the dollar will dominate the local currency deteriorated

that "the Commission will make proposals on procedures and in coordination with the Central Bank to avoid the collapse of the local currency against the greenback, saying that" recent actions by the Bank outlets to sell the dollar will reduce the dollar as a result of the lack of risk in the market.

Tlm724:  on the agenda of the Commission meeting today is to establish procedures in coordination with the Central Bank to lower the exchange rate of the dollar against the Iraqi dinar ! yeppers going to have several meetings I would imagine , also see notes here

Najiba Najib: recent central bank measures to increase outlets sell the dollar will not dominate the local currency deterioration

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Vice President of the House of Representatives Iaram Sheikh Mohammed, "the Kurdistan Region currently moving towards the implementation of the oil agreement fully between Baghdad and Erbil

April 30, 2015

Vice-President of the Iraqi Council of Representatives Iaram Sheikh Mohammed announced that the Kurdistan Region is moving towards the implementation of the oil agreement between Baghdad and Erbil and fully, and in return demanded the federal government to send the region's share of the federal budget with financial allocations for the Peshmerga forces, and came modern sovereignty during a meeting in his office Consul British in Erbil (Lencas Mackay).

At the beginning of the meeting he gave Sheikh Mohammed thanked the United Kingdom government and people to provide support for Iraq and Kurdistan In this particular phase of the ongoing war against Daash terrorist and expressed regret what happened from the problems between the province and the center, which has impacted negatively on the livelihood of the Kurdish people, 

and added "the Kurdish people did not wait from Baghdad that the daily strength has become part of the conflict and political differences, and today prov paced serious steps to implement the oil agreement and to Baghdad sends its financial benefits, 

and that the current economic crisis is an opportunity to review and re-evaluation and can be utilized officials in the region of this phase to avoid problems in the future it is necessary so to speed up the reform and economic and financial in Kurdistan. "

For his part, the British consul continued to provide support and assistance to Iraq and the Kurdistan Region and efforts to reach rapprochement between the province and the center and resolve the outstanding issues and files.

Information Office of the Vice President of the Council   Thursday, 4/30/2015

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Millionday Thursday Night News Part 2

Milliondays Newstime 4/30/15  Part 2

billionaire Millionday: What indicator, if any, will make the IQD an internationally tradable currency?

Millionday: WHEN IT IS ON THE MARKET AS A TRADABLE CURRENCY IMO ---- IT WILL BE INTERNATIONALLY ACCEPTABLE

Millionday: FOREX-ISX-ETC

Millionday: Vice-President of the Iraqi Council of Representatives Iaram Sheikh Mohammed announced that the Kurdistan Region is moving towards the implementation of the oil agreement between Baghdad and Erbil and fully,

 and in return demanded the federal government to send the region's share of the federal budget with financial allocations for the Peshmerga forces, and came modern sovereignty during a meeting in his office Consul British in Erbil (Lencas Mackay).
~~~

Millionday: NOTE -- ERBIL IS READY TO IMPLEMENT THE ENTIRE OIL AGREEMENT MADE WITH THEMSELVES AND IRAQI FEDERAL GOV -- ASKING FOR THE TRANSFER OF THE BUDGETED FUNDS FOR THEIR AREA---

THIS INCLUDES FUNDS FOR TROOPS ALLOCATIONS AS WELL AND THE AGREEMENT ALSO INCLUDES THE OIL PRODUCTION SHARES

Millionday: At the beginning of the meeting he gave Sheikh Mohammed thanked the United Kingdom government and people to provide support for Iraq and Kurdistan In this particular phase of the ongoing war against Daash terrorist and expressed regret what happened from the problems between the province and the center, which has impacted negatively on the livelihood of the Kurdish people,

and added "the Kurdish people did not wait from Baghdad that the daily strength has become part of the conflict and political differences,

and today prov paced serious steps to implement the oil agreement and to Baghdad sends its financial benefits, and that the current economic crisis is an opportunity to review and re-evaluation

and can be utilized officials in the region of this phase to avoid problems in the future it is necessary so to speed up the reform and economic and financial in Kurdistan. "

Millionday: NOTE -- KURDISTAN HAS APOLOGIZED FOR THE HOLD UP IN FUNDS AND IMPLEMENTATION AND ITS NEGATIVE IMPACT IT HAS HAD ON THE NATION AND ITS CITIZENS –

THEY HAVE STATED THAT IT IS VERY IMPORTANT TO SPEED UP THE REFORMS AND ALSO THE FINANCIAL FUTURE THAT WILL COME FROM THE REFORMS AT THIS TIME -- WHOOPOW

Millionday: For his part, the British consul continued to provide support and assistance to Iraq and the Kurdistan Region and efforts to reach rapprochement between the province and the center and resolve the outstanding issues and files.

Millionday: SO BRITAIN HAS MADE IT CLEAR THAT THEY WILL CONTINUE TO HELP

.MOD.subgirlcopy Millionday: that has to be a HUGE thing for Kurdistan to apologize like that!!! WOW!!!!! That is a GREAT thing!!!!! IMO!!!

Millionday: I AGREE -- AND TO SAY THEY ARE IN COMPLETE AGREEMENT -- HUGE MY FRIEND TO ME TOO !!

Holly1: Is this the hcl law whoopow .

Millionday: NO THE HCL IS A RULING LAW IN ALL OIL BUSINESS AND THIS INCLUDES INTERNATIONAL --PRODUCTS -- DOMESTIC -- THE IRAQI OIL COMPANY -- SUMO AND ALL TO DO WITH OIL THAT IS CROSS REFERENCED IN SO MANY THINGS THAT BY HAVE SO MANY OIL AGREEMENTS DONE THE LAW ITSELF SHOULD BE MUCH SIMLI

billionaire Millionday: So The Erbil Agreement is ready to be implemented? Am I reading this right? I am stunned!!! What about HCL? I know this is a two pronged question, please bear with me.

Millionday: YES THE ERBIL AGREEMENT IS READY AND IN FACT THE KURDS ARE ASKING FOR ITS ENTIRE IMPLEMENTATION -- (HISTORICAL IN ITSELF) –

THE HCL IS PART OF THE IMPORTANT LAWS THAT ARE ON THE SHELF WAITING –

THEY HAVE DISCUSSED THE VOTE TO BE ALL IN ONE BASKET -- THAT SHALL BE IN THE PUDDING AS THEY SAY

jtank: dont we need hcl to reval, it has everything to with the economics of Iraq right ?

Millionday: THE THING IS THIS -- I HAVE READ IN MORE THAN ONE REPORT THAT THE ISSUES THAT HAD TO BE AGREED ON AND LEFT WITH THE HCL FOR ALL THIS TIME ARE THE INTERNATIONAL ISSUES

Millionday: THE FINANCIAL ISSUES HAVE BEEN INCLUDED IN THE BUDGET AND OTHER FUNDING ETC -- SO I DONT SEE FINANCE AS BEING THE HOLD UP

dr Dave: erbil agreement to include art140

Millionday: YES I DO BELEIVE THAT THE AGREEMENT WAS SIGNED WITH ARTICLE 140 IF IT DIDNT CHANGE AGAIN UNDER MY NOSE -- I WILL SO SOME CHECKING BEFORE ROUND TABLE TOMORROW HUN

Millionday: The World Bank is seeking to finance development projects in areas in Iraq that the government has recaptured from Islamic State militants, its regional vice president said.

Hafez Ghanem also said he would meet with Iraqi officials and discuss ways to help the government tackle a budget deficit caused by a drop in oil revenues when he visits Iraq this week.

Millionday: NOTE -- THE WORLD BANK WILL BE IN IRAQ AS WELL THIS WEEK -- SMILE

Millionday: Cheap oil is ravaging Iraq's state finances and the government faces rising military spending from its battle against the hardline militant group Islamic State, which has killed thousands and destroyed services and infrastructure.

The group overran a third of the country last summer and control territory in Iraq and Syria.

Millionday: "There are areas that the government liberated from Daesh (Islamic State) but it suffers from a lack of infrastructure, education and health (services). So I will try to see if we can help by financing projects to improve life in these areas," Ghanem said in an interview in Lebanon.

Millionday: WHOOOPOW

Millionday: NOTE -- THESE ARE CITIZEN ISSUES AND NEEDS THAT ARE TO BE EXTENDED

Millionday: The undertaking is part of a wider plan to boost the World Bank's investments in the Middle East and North Africa in the coming years, Ghanem told Reuters.

"You have political problems, civil wars and security issues so it is difficult to achieve economic development. But at the same time I think that economic growth is important as part of the solution to political problems afflicting the region."

Millionday: NOTE -- HELPING IRAQ AND RESOLVING THE ISSUES IS PART OF A MUCH LARGER PLAN IN THE REGION – 

SO IT APPEARS THAT THE ECONOMIC PLANS OUT WEIGH THE SOLUTION THAT ECONOMIC REFORM AND DEVELOPMENT WILL BRING IN THE ENTIRE REGION THROUGH IRAQ`S ECONOMIC RETURN

Millionday: In Syria, civil war has brought an economic collapse and almost two thirds of the population live in extreme poverty.

 Neighbouring Lebanon hosts more than 1 million Syrian refugees and has lost billions of dollars in state revenues and other expenditures as a result of the conflict next door.

The World Bank had set up a trust fund to support development projects in Lebanese communities under strain from the refugee influx, but that it received minimal funding.

Millionday: NOTE -- SOME HELP HAS BEEN EXTENDED TO OTHER COUNTRIES IN THE REGION BUT NOTHING COMPARED TO WHAT IS GOING TO BE DONE IN IRAQ IT APPEARS DUE TO THE IMPACT EXPECTED FROM THE NEW IRAQ--

Millionday: NOTE -- REMEMEBR HOW MANY TIMES WE HAVE SEEN TALK ABOUT THE BONDS AND THE HELP THEY WILL BRING TO GET IRAQ ON ITS FEET – 

SO ALSO UNDERSTAND HOW HARD IT IS TO MARKET WHEN THE % OF INTEREST IS NOT CLEAR DUE TO LACK OF THE CREDIT RATINGS USED TO CALCULATE --- (JUST A FURTHER NOTE ON LAST REPORT FOR CLARITY)

Millionday: "We as the international community should help Lebanon to face this challenge. 

That is why as the World Bank we are not only increasing our investment in the country but we are also trying to bring in or convince other organisations to increase investments for Syrian refugees," he said.

Millionday: The bank wants to increase its portfolio in Lebanon to $2.3 billion from $1.1 billion in the next four years, Ghanem said, citing a government report that it needed $1 billion over at least two years to cope with the crisis.

Other countries where spending would be stepped up include Tunisia and Egypt, he said

Millionday: SO THE WORLD BANK WILL BE IN IRA NEXT WEEK AND THE GOLA IS TO HELP WITH THE DEFICIT AND ALSO ITS DEVELOPMENT IN AREAS THAT ARE CLEARED BY THEN – 

I BET THE WEEKEND WILL BE INTERESTING WHILE THEY TRY TO GET AS MANY AREAS CLEARED AS POSSIBLE BEFORE THIS VISIT -- SMILE

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Millionday Thursday Night News Part 1

Milliondays Newstime 4/30/15   Part 1

Millionday: LET ME SAY FIRST THAT WE ARE SPENDING OUR TIME IN NEWS TRYING TO LOOK FOR AS MANY PUZZLE PIECES AS WE CAN FIND AND ALSO TRYING TO UNDERSTAND HOW THEY FIT TOGETHER

Millionday: NOTE -- THERE HAS BEEN TALK OF CREDIT RATINGS FOR IRAQ (WHICH WE WILL LOOK AT) -- SO AT FIRST WE WILL SEE WHAT THEY ARE FOR AND WHY THEY ARE IMPORTANT TO EVEN THE GREAT US OF A

Millionday: A credit rating is an evaluation of the credit worthiness of a debtor, especially a business (company) or a government, but not individual consumers. 

The evaluation is made by a credit rating agency of the debtor's ability to pay back the debt and the likelihood of default.[3] Evaluations of individuals' credit worthiness are known as credit reporting and done by credit bureaus, or consumer credit reporting agencies, which issue credit scores.
~~~

Millionday: NOTE -- THE COUNTRY`S CREDIT RATING IS CALCULATED TO EVALUATE THE LIKELYHOOD THAT THEY CAN REPAY THIER DEBT

Millionday: Credit ratings are determined by credit ratings agencies.

The credit rating represents the credit rating agency's evaluation of qualitative and quantitative information for a company or government; including non-public information obtained by the credit rating agencies' analysts.

The credit rating is used by individuals and entities that purchase the bonds issued by companies and governments to determine the likelihood that the government will pay its bond obligations.

Millionday: NOTE -- THE THING THAT THIS BRINGS TO MIND IS THE IMF DIRECTIVE LIST –

THE REASON BEING IS THAT IT WAS THE ORDERS (DIRECTIVES) TO CALCULATE THE INTERNATIONAL CURRENCIES, SDR, GLOD, AND BOND RATES -

Millionday: NOTE -- SO AS WE SEE HERE -- THE CREDIT RATING FOR IRAQ IS VERY IMPORTANT BECAUSE IT GIVES THE LIKELYHOOD OF THE BONDS BEING GOOD WHEN IT IS TIME TO COLLECT IN LAYMANS TERMS

Millionday: A sovereign credit rating is the credit rating of a sovereign entity, i.e., a national government. The sovereign credit rating indicates the risk level of the investing environment of a country and is used by investors looking to invest abroad. It takes political risk into account.

Country risk rankings (January 2013)[4][5]

Least risky countries, Score out of 100

Source: Euromoney country risk The "Country risk rankings" table shows the ten least-risky countries for investment as of January 2013. Ratings are further broken down into components including political risk, economic risk.

Millionday: NOTE -- IT TOOK ME A MINUTE THERE TO GET THE GRAPH OUT SORRY -- BUT THIS IS SHOWING US HOW NEEDED THE CREDIT RATING IS IN MANY WAYS

Millionday: Euromoney's bi-annual country risk index[6] monitors the political and economic stability of 185 sovereign countries. Results focus foremost on economics, specifically sovereign default risk and/or payment default risk for exporters (a.k.a. "trade credit" risk).

A. M. Best defines "country risk"[7] as the risk that country-specific factors could adversely affect an insurer's ability to meet its financial obligations.

Millionday: SO I COULD GO ON AND ON ABOUT THE CREDIT RATING BUT LETS MOVE ON TO LOOK AT IRA AND WHAT IS GOING ON WITH THIER CREDIT RATING --

Millionday: I KNOW IT WAS VERY IMPORTANT HERE WHEN WE WERE AT RISK OF LOSING ONE OF OURS TO A LOWER RATING

Millionday: Iraq plans to obtain a sovereign credit rating and is approaching rating agencies as it prepares for a jumbo $5 billion (£3.2 billion) bond issue needed to cover a budget deficit caused by low oil prices, its finance minister said on Thursday.

"We started the process," Hoshiyar Zebari told Reuters by telephone. "The banks are also trying to help us in that direction.”

Millionday: NOTE -- IRAQ HAS STARTED THE PROCESS TO FINISH OBTAINING THE CREDIT RATINGS BY ALL THREE AGENCIES WITH THE HELP OF THE BANKS

Millionday: Iraq has said it will issue $5 billion of debt in its first international bond sale for nine years. Its need for cash is acute; the government has projected a budget deficit of about $25 billion this year, in a budget of roughly $100 billion.

Obtaining a credit rating from a major agency, which Iraq currently lacks, could help to persuade global fund managers and banks to subscribe to the issue.

Millionday: NOTE - --AS WE HAVE JUST READ -- THIS IS VERY IMPORTANT TO THE STEPS BEING TAKEN RIGHT NOW WITH THE ISSUANCE OF BONDS AND THE REVENUES THEY WILL BRING OBVIOUSLY DUE TO THE INTEREST RATE

AND ALSO THE AMOUNT OF INVESTORS THEY ATTRACT BECAUSE THE CREDIT RATING IS A DECIDING FACTOR FOR INVESTORS WHEN ANALYZING WHERE TO INVEST THEIR MONEY AND THEIR SHAREHOLDERS AS WELL --

Millionday:  Zebari said Iraq was trying to approach two or three rating agencies, which he did not name. It has been discussing its bond issue plan with Citibank and Deutsche Bank.

maine: how long does it take for this credit rating?

Millionday: IT VARIES BY WHAT I HAVE SEEN WITH OTHER COUNTRIES -- IT ALL DEPENDS ON HOW MUCH COMPLETE INFORMATION THEY HAVE OR DO NOT HAVE AT THIS POINT

Millionday: HERE IS MORE INFORMATION ON THE PRESS STATEMENT AND ALSO THE MEETING THEY WERE DISCUSSING

Millionday: The process of obtaining a credit rating could be a delicate one for Iraq, requiring it to open its books to the agencies and disclose new information on its finances. Zebari did not say when he expected the process to be completed.

Iraq's huge oil reserves in its southern fields, which have not been touched by the Islamic State insurgency, are expected to draw buyers to its bonds. 

But many fund managers think it would struggle to sell $5 billion in a short space of time, even with generous pricing.

Millionday: NOTE --THE ISSUE SEEMS TO NOT BE IF THEY WILL BE ABLE TO DRAW BUYERS TO THEIR BONDS BUT IT IS A WORRY TO DO WITH THE TIMELINE – 

THEY SEEM TO BE IN A HUGE HURRY TO SELL BONDS WITHIN A CERTAIN TIMELINE --

Millionday: Asked if $5 billion was too ambitious, Zebari said: "We have in the budget a commitment to issue $6 billion. So this is the low - this is how we plan to cover our deficit. But there’s no way we can do it in one tranche.”

Iraq has an outstanding U.S. dollar bond maturing in 2028 462652AA6=; panic selling late last year as oil prices plunged pushed its yield to a record high of 10.49 percent from around 7.2 percent in September, but it has since dropped back to 8.04 percent.

Millionday: Iraqi five-year credit default swaps IQGV5YUSAC=MP, used to insure against any sovereign default, are at 539 basis points, near their highest levels since late 2009.

In addition to the international bond issue, Iraq has introduced or is planning other fiscal measures including a local currency bond issue to banks, taxes on some consumer goods and public wage cuts.

 It has also been considering whether to ask for aid from the International Monetary Fund.

Millionday: SO AS REPORTED HERE -- MORE VERIFICATION THAT THE FINANCIAL POSITION IS VERY IMPORTANT RIGHT NOW TO IRAQ AND INVESTORS ---

ALSO IT IS NOT TOO HARD TO IMAGINE THAT THE REFORMS AND ALSO THE INTERNATIONAL EQUATION ARE ALL RELIANT ON THE CREDIT RATINGS BEING LISTED AND LISTED HIGH AS WE CAN IMAGINE

puffdragon: IYO is a credit rating ecential to an RV?

Millionday: I DO NOT THINK THAT THE CREDIT RATING IS ESSENTIAL TO THE INTERNATIONAL EQUATION BEING DONE BUT -----I WOULD LOVE TO KNOW WHAT STEP AND WHEN IS THE RATES OF INTERNATIONAL CURRENCY

Millionday: ESSENTIAL --- WHEN CBI ANNOUNCED WITH THE BANKS THAT THEY WERE READY TO RAISE THE VALUE OF THE DINAR AND ALSO RELEASE THE INTERNATIONAL CURRENCY VALUES – 

THEY SAID THAT IT WOULD BE DONE IN STEPS AND THE FIRST ONE WAS THE WORKSHOPS ACCORDING TO THAT REPORT –

 SO IT MAKES ME WONDER WHICH STEPTHE NUMBERS WOULD BE APPLIED IF THAT IS STILL HOW IT IS GOING TO BE DONE

Comments may be made at the end of Part 2  Thank You

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The I.Q.D. Team Connection~Replay Conf Call Thusday April 30 Iraq Dinar & RV News~~Its All Good

The I.Q.D. Team Connection with Straight Talkin' Mike, L.J., Diana, Debbie & Kimberly
Thursday, April 30, 2015

REPLAY OF CALL
or Call: 760-569-7699 / Pin: 769478#

"THE I.Q.D. Team Connection"  -  Connecting All The Pieces

============================= Listen to the replay in its entirety for all the latest CBI, Economy & Government News from Iraq ============================= Conference Call Replay - Thursday, April 30 REPLAY OF CALL or Call: 760-569-7699 / Pin: 769478# As Always... Discussion and Analysis of the Latest Iraq, Dinar & RV News... Pre & Post RV Information... Q & A

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Why Lottery Winners Crash After A Big Win

Why Lottery Winners Crash After A Big Win

CHICAGO, IL - NOVEMBER 28:  A Powerball lotter...What happens when your “dreams” come true? We’re always told to be careful what we wish for, and for Powerball lottery winner “Wild” Willie Seeley and his wife Nancy, this advice couldn’t be more appropriate. 

The Seeleys are calling their $3.8 million win a “curse.” Their complaints? They have been bombarded by the media for interviews, and family members – many they’ve never heard of — have hit them up for loans and financial favors. “There are days I wish we were back to just getting paid every two weeks,” Willie Seeley confessed in an NBC News interview.

There is nothing unusual about their complaints. This is what commonly happens with lottery winners, and often, with other recipients of sudden wealth from lawsuits, sports contracts or even inheritances.
~~~

 But don’t count out the Seeleys just yet. There is hope they won’t face the same fate as $315 million Powerball winner Andrew “Jack” Whittaker who said “I wish I’d torn that ticket up,” after being robbed, losing his granddaughter to a drug overdose, being sued, and finding respite from the pressure by drinking, attending strip clubs and gambling.

As a sudden wealth financial advisor for over 15 years, I’ve had the chance to work with many clients who have received a windfall, and I’ve noticed there are predictable patterns – patterns of thinking and behaving that can explain how a multimillion dollar lottery winner can call her money a curse just a month after winning.

Immediately before or right after a sudden wealth event such as winning the lottery, many clients experience an almost out-of-body feeling. I refer to this as the honeymoon stage of sudden wealth.

 They are exuberant. It’s an exciting time and they feel like they are on top of the world. Anything and everything is possible. They celebrate with family and friends.

They may buy new cars and larger houses, jet skis and motorcycles. It’s Christmas morning every day, but the thing that makes Christmas so special is that it comes just once a year. The honeymoon phase is an artificial reality that is not sustainable.

Their emotions are high, and they are enjoying the charge of the novelty of their new life. But this “high” cannot last forever – most often as little as a few days to over six months — and then reality hits them.

Did Willie Seeley experience the honeymoon stage? I think he did and I think it lasted about a month. Seeley and 15 of his co-workers recently won last month’s $450 million Powerball jackpot and he was all smiles as he celebrated his win by holding a large check over his head at a press conference in August.

 At the time, he gushed that he was “happy, happy, happy.” After the win, he and his wife quit their jobs, bought new cars, fixed their house, and helped Willie’s father and children — a frenzy of activity in a short period of time.

But it appears the honeymoon stage is over. Just this week, Willie said “The drama is nonstop,” and his wife remarked that the money is “a curse.”

After years of working with clients in the aftermath of a windfall, their reaction is not surprising. Think of a pendulum swinging from one extreme to the other – from joy, excitement, and happiness to emptiness, resentment, and sometimes even despair.

 But just like the high, this post-honeymoon stage can be temporary. It’s a critical junction where the Seeleys and other sudden wealth recipients can either let the money control their lives, or they can begin to control their own lives and use the money as a tool rather than be used by the money.

It’s a delicate process, but one that has dramatic repercussions for their lives and the lives of their children and family. The solution is to not let the win define who they are or to change what they enjoyed about their lives pre-Powerball win.

It involves exploring what they want their new lives to look like and creating a strategy that uses the money to help them achieve this. The honeymoon stage can leave a big void. It’s important to fill that hole with activities and purpose.

One of the best ways to feel in control of the money rather than be controlled by the money is to get very clear on how much you have, where it is, how much income it will produce, and to develop a strategy for responding to loan requests from friends and family.

 It sounds simple, but just taking these steps can give the client a sense of control so they don’t feel they are constantly reacting. In the NBC New interview, we see a glimpse of how this win has changed their lives when Willie says, “You have to change your whole way of life, but we didn’t want to change the way we lived. We liked the way we lived.”

If the Seeleys can get in front of the money and start to control it – and based on my experience they can – they will start to feel good about their win and begin to use the money to improve their lives rather than see it as a burden or curse.

You can follow me @rpagliarini, Google+,  or email me at robert@pacificawealth.com. This discussion is not intended as financial, legal or tax advice, and cannot be relied upon for any purpose without the services of a qualified professional.

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5 Rules If You Play An Office Lottery Pool

When the odds of winning the Mega Millions jackpot are 1 in 259 million, it isn’t shocking that nobody won this Friday’s jackpot. What is shocking is that the lottery jackpot has climbed to $636 million. If you couldn’t get an office lottery pool together in time, you have until Tuesday when the next drawing will occur.

While playing in an office lottery pool can be fun and exciting for a group of co-workers . . . the feelings of camaraderie and excitement often turn to anger and lawsuits after a big win. 

The most common disputes? 

Someone will claim that they personally purchased the winning ticket and that it was not part of the office pool or someone who has played in the past didn’t the week of the win but feels they should have still been included. When there is a dispute, the money can be tied up for months or years while the issues get resolved.

The good news is that if you win the lottery in an office pool, it doesn’t have to end like this. Here are five simple steps you can take with your office lottery pool to avoid most of these issues:

1. Name a leader. Name a leader who will be in charge of the lottery pool and who is responsible for buying the tickets, making copies, etc.

2. Create a contract. Create a simple contract that spells out the big issues (e.g., who is playing, how often, how much, whether you will take the lump-sum or an annuity, whether you will let the computer choose the numbers or if someone will choose the numbers, etc.) that all participants sign.

3. Make it public. Make a public list of who has signed the contract and who is participating so there is no uncertainty about who is involved and who isn’t.

4. Make copies of tickets. Make copies of the tickets before each drawing and give them to each participant to avoid the “I bought this ticket with my own money” excuse.

5. Keep the tickets safe. Keep the original tickets in a safe but accessible place.

Stick to these tips if you play an office lottery pool so you can avoid the drama and high costs of litigation if you win. And if you win the $341 million cash option, do your best to avoid these six sudden wealth mistakes! 

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Poppy3: "The Finish Line Is Absolutely in Sight!"

Dinar Updates:

Poppy3 ...THESE ARE FACTS STATED BY IRAQ LEADERSHIP...

THEY HAVE PASSED MANY NEW LAWS IN THE LAST TWO DAYS AND THEY STATED THE 4 MAIN LAWS LEFT WILL BE FINALIZED AS OF TODAY IN A PRIVATE CLOSED DOOR MEETING. 

ABADI HAS ANNOUNCED TWICE IN THE LAST WEEK HE WILL NOT ALLOW TIME OFF EVEN FOR RAMADAN TO DETER OR DELAY FROM FINISHING FINANCIAL REFORM.

I AM GETTING CONSTANT CALLS FROM EVERY SOURCE I HAVE EVER HAD... TELLING ME...THE FINISH LINE IS ABSOLUTELY IN SIGHT.  

IRAQ IS MOVING THINGS FORWARD FINANCIALLY AND AS I HAVE TOLD YOU IN THE LAST MONTH FROM THE BEST CONTACT IN THE COUNTRY...

HE SAID THEY WILL NOT STOP PROGRESS TILL REFORM IS COMPLETE AND ALL REQUIREMENTS ARE MET AND THEY HAVE FOLLOWED THAT INFORMATION TO THE LETTER.
....

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Poofness for April 30th: " Mid-Week Report"

ZAP:  HI ALL

I AGAIN PUT OFF THIS WEDNESDAY’S LETTER TO GET SOMETHING SOLID, AND I DID GET A GLIMMER OF LIGHT.

FIRSTLY, THE ONLY PERSON THAT CAN AUTHORIZE ANY SIGNIFICANT CHANGE IS THE GRAND FATHER. HE IS CURRENTLY IN CHINA, NOT RENO LIKE REPORTED IN THE SAME PLACES THAT PLACE THE ADMIRAL “GOING IN” EACH DAY OR THREE.

HE IS PREPARING TO PUSH THE BUTTON SO TO SPEAK, AND THAT IS ANTICIPATED SOMETIME IN THE LATTER PART OF MAY FOR MANY OF THE SIGNIFICANT ITEMS ON THE GLOBAL PLATE.
....

IN THE MEANTIME, CERTAIN PROJECT FUNDS ARE BEING READIED AS WE SPEAK, AND WE SHOULD BE SEEING THAT COMING OUT STARTING NEXT WEEK.

THE INTEGRATION OF THE SOFTWARE ON THE WEBSITE IS GETTING COMPLETED, AND WILL BE IN TIME FOR THE FUNDINGS.

NOW HERE IS SOMETHING COMPLETELY DIFFERENT….ON THE PPP, THE GENTLEMEN THAT WHO OVERSEES ALL DELIVERIES AND THE PROJECTS, RECEIVED A NOTIFICATION OF IMPENDING RELEASE. SO IT APPEARS THAT THERE IS MOTION GOING ON THE PROSPERITY PACKAGES.

HE IS THE ONE THAT DOES THE DELIVERIES WITH THE OTHER 10 TRUSTEES, AND ALL THE OTHER RUNNERS UNDERNEATH.

THIS INTEL HAS JUST COME IN, SO PERFECT TIMING FOR THE INCLUSION IN THIS MESSAGE.

OH, AND HEREWITH ARE THE MOST RECENT HIGHLY INTELLIGENT DISSEMINATIONS FROM OUR FAVORITE “KILL ZAP” GUY. HE IS JUST SO CUDDLY.

APRIL 28
confirmed U S Treasury Note, works for me. and the listening audience. Also, all know that Wanta is not an internationally recognized paymaster for any thing except Bush, Sr criminality

YOU HAVE A BLOG? AND WANTA IS IN THE SAME BOAT AS THE OTHERS…WAITING FOR THE WORD THAT WILL NOT COME BECAUSE OF THE ISSUES WITH THE MONEY. TALK ABOUT A CIRCLE J. I’LL COME BACK TO THE BLOG THING IN A MINUTE.

APRIL 28
multiple times, Zap has falsely reported the announcement of the new US currency, misidentifying it as the TRN, the Chinese Dragon family knows the proper term for the new U S currency, this gross and repeated error proves that fraudster Zap has no contact with the Chinese Dragon family grandfather or other, put that in you BS vacuous midweek report

THE TRN IS REAL...JUST STILL NOT BACKED BY GOLD. THE ALTERNATIVE, THE ITN (INTERNATIONAL TREASURY NOTE) MAY BE THE DESIRABLE NOTES TO COME OUT. SAYING THE TRN DOES NOT EXIST IS AKIN TO SAYING THE MOON IS MADE OF PURPLE CHEESE. I SEE YOU LIKE CHEESE, SO CHEESY IT IS! GREAT NICKNAME…HOW DID YOU GET IT?

APRIL 28
Zap a proven fraud, no such thing as a TRN, and the Chinese Dragon Family knows it, proves that Zap has no contact with the Dragon Family Grandfather or other, Zap is a proven and exposed fraud and liar, and the Dragon Family knows it

OH CHEESY, WHICH DRAGON FAMILY? THE ONE ON SATURDAY MORNING SHOWS? I SPOKE TO BEANIE AND CECIL, AND CECIL DOES NOT KNOW YOU. SO MUCH FOR THAT DRAGON FAMILY. PFAH. AND I AM NOT EXPOSED; I HAVE CLOTHES. I WEAR THEM.

APRIL 28
there is no such thing as the TRNS, and the Chinese Dragon Family know it, put that in you midweek report

IT IS HEREBY PUT IN THE MID WEEK MESSAGE. PUT THAT IN YOUR PIPE AND SMOKE SOMETHING ELSE. SO, HAPPY? WILL YOU GO AWAY NOW? FAR FAR AWAY? OR ARE YOU GOING TO KEEP SMOKING IT.

APRIL 29
There should be another zap midweek report. you remember Zap the fraudster who does not even know the proper designation for the new U S currency, that he has wrongly identified as the TRN multiple times, proving he has no real contact with the Chinese Dragon family

OH MY YOU ARE SO AGILE INTELLECTUALLY.

APRIL 30
before you report more BS Crapola, you should at least know the real term for the new US currency. it is not TRN as you have wrongly reported multiple times. the real Chinese dragon who you have no contact with knows the real proper term for the new U S currency, you are a proven joke on the internet

NOW THAT YOU HAVE PROVEN YOURSELF TO HAVE THE INTELLECTUAL AGILITY OF A SMALL SOAP DISH, CAN I HAVE YOUR AUTOGRAPH? CAN I MAKE MONEY OFF OF BEING A JOKE? HOW MUCH? (MISS PHIPPS…JOKE WRITERS PLEASE…)

BY THE WAY, SEEING YOU ARE SO AGILE, I HAVE A GREAT NEW PROGRAM FOR YOU O MIGHTY CHEESE, AND IT GOES SOMETHING LIKE THIS:

TONIGHT AT 9:00PM WE ARE GOING TO REVEAL A LITTLE-KNOWN (BUT VERY PROFITABLE) STRATEGY YOU CAN USE TO MAKE MORE MONEY BLOGGING. SIMPLY MEET US HERE AT 9:00PM TO SEE HOW.

DURING THIS LIVE RECORDED PRESENTATION WE'LL REVEAL:

- HOW TO DRIVE MASSIVE AMOUNTS OF QUALIFIED TRAFFIC TO YOUR BLOGS...BY PERSONALLY ATTACKING OBAMA OR THE NEAREST COP IN YOUR NEIGHBORHOOD WITH Q-TIPS

- HOW TO TRIPLE YOUR SALES AND MAKE MORE MONEY BLOGGING BY EXPANDING YOUR MARKET REACH THROUGH LEARNING SIMPLE ENGLISH GRAMMAR AND PROPER SENTENCE STRUCTURE...

- THE SIMPLE 1-STEP YOU CAN TAKE RIGHT NOW TO DRAMATICALLY INCREASE YOUR CHANCES OF BUILDING A PROFITABLE BUSINESS BY BLOGGING…GO BACK TO SLEEP

PLUS, MUCH, MUCH MORE...HERE'S THE LINK TO ATTEND THE LIVE RECORDED WEBCAST, SEE YOU THERE: http://ift.tt/1bHSHXH

BRING YOUR CREDIT CARD AND MAKE SURE YOU HAVE THE HIGHEST LIMIT AVAILABLE. CASH OK TOO. BANKER BOB AND BAMBI (THE ALL CONSUMING SECRETARY) WILL PROVIDE RECEIPTS SUITABLE FOR FRAMING.

BY THE WAY, MY EMAIL IS ALWAYS AVAILABLE NOW, SO WHY ARE YOU STILL BOTHERING TO SEND TO THE OTHER ONE? DOES NOT COMPUTE? THANKS FOR THE FUN.

I call my son named Cameron, Cam-o-roni, which just comes smoothly off the tongue.
After 100 weeks Zap-a-roni flows off just as smoothly as my beloved son's name.
Mr. ZAP, I quit reading the gurus garbage and for some reason I connected to your messages.
Was it because the truth jumped out at me? I think so! Perhaps it was the country boy talk and the piggly-wiggly stuff that attracted me, even thou I grew up on the farm life I still have not seem flying pigs ...YET? AS a last resort maybe it was the blunt, humorous and getting to the point responses of entertainment you gave to us and the objects without brains who kept trying to hammer/distract you thru the 100 weeks? I look forward to reading your book when it is published re the entire process of an innocent fellow stepping in to help out a friend for a short period of time. Who ever would guess such a deed would make you famous? Ha! Ha! Yes we know your project work comes first and rightly so. OK so the book can wait a few more months...years?

NEVER THOUGHT OF A BOOK…HMMMM. “THE TRAVELLING TRAVELER”. THE COMPETITOR TO TRIPLE X (THE MOVIE)?.

OK, PROJECTS! I jumped in with my first draft in late August after you announced it to us on July 7, 2013. And as time ticked I got more and more excited and now I see my 7 projects as a super exciting full-time endeavor. I cannot wait to get started and I know our Creator has me under his arms as all 10-12 land contracts available and 2 years later they all are still available. A miracle in itself. Yes a couple have had contracts but each failed to go to completion. HalleluYAH! And the most challenging part of these 7 Projects is I see bigger and better things going forward. There is no end to how much we can do. I would really like to see my projects grow into a WOW Community, possibly a city, creating even more work/jobs/income where nothing exist there today. ZAP, the beauty of these Projects will exist on the land I was raised on and my dad had to sell for almost nothing in late 1950s to support our family. I am sitting on ready and awaiting your next report saying funds are on way to these Projects. I pray you and I both live to see these Projects and America re-built especially since we both have had major heart issues. I am looking forward to discussing these Projects and processes with your consultants, namely, setup to receive funds to accountability of funds as we move forward with the Projects purchases and construction.

YES, ABSOLUTELY. THAT IS THE PURPOSE, AND VERY HAPPY TO HELP. I RECEIVED YOUR SUBMISSION, AND SOON THE FORMAL REPLIES WILL BE SENT, IF NOT ALREADY. SUSAN AND TEAM ARE WORKING OVERTIME GETTING THE WORK DONE, AND THEY WILL BE FIRST CONTACT.

EVERYBODY SUPPORT SUSAN AND HER TEAM OF PURPLY WIGGLIES. GREAT BUNCH.

ZAP, my contributions have been small but believe me it is all I have been able to contribute living on SS and having a multitude of health bills/issues from diabetes and heart issues. Currently I am taking care of my 78 year old brother who is battling dementia and most likely will be going into a Nursing Home next week. It has been a 24/7 endeavor with him for the past few months. One of my Projects is to be Alternative Health Clinics. I want to purchase the health machines/procedures which have been withheld from us for past 100 years and capable of healing folks like you and I and my brother? You know Mr. ZAP, I get so excited just thinking about any one of my 7 Projects to date and how people are going to be blessed by each.
BM

WELL, THERE ARE SEVERAL WEIRD SCIENCE MED TECHS WE WILL BE BRINGING OUT, AND GETTING RID OF DEMENTIA IS ONE OF THE THINGS A PARTICULAR MED TECH IS CAPABLE OF. MORE ON THAT SHORTLY AS WE GET UP TO SPEED, BUT WE WILL KEEP IN CLOSE TOUCH. MUCH THANKS.

AND TO ALL PROJECT PROPONENTS THAT HAVE SUBMITTED, OR WILL SUBMIT, WELCOME TO THE NEW PARADIGM OF PEACE, JOY AND PROSPERITY. WE ARE NOT LOOKING BACK (EXCEPT SNUFFLES AS HE IS CONSTANTLY HUNGRY FOR VEGGIES).

IN EVERLASTING GRATITUDE.

ZAP

“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
April 30, 2015
Copyright ZAP 2013-2015

Your contributions to support our work is greatly appreciated. Please go to www.paypal.com and send to goneforthfornow@gmail.com via "friend or family." We send thanks and much gratitude to those who have generously supported us. We could not continue without your help. If you have a problem contact 2goforth@safe-mail.net … Consultations continue....Blessings, Susan

Love and Kisses,

'THE OFFICE OF POOFNESS'

Susan, ZAP and Staff

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Dinar Afternoon Drive Call - News w/ Mr. White and BGG Thursday April 30, Audio Player and Replay #'s

Thursday Night Dinarland Chatter

Stage3Alpha:

Awake-in-3D:  April 30, 2015 at 5:37pm OK - This is the deal....

How many here "realize" that this whole ride is over? Yes, I get that we are "not at the bank" but... the process has started, the mechanics are turning.  

The evidence is everywhere.  

The historic bonds are redeeming.  

The PPP's are notifying.  

The East has come out of the closet and called the West out onto the carpet.

 All global financial "experts" are openly acknowledging that the markets are rigged.

 Bankers and such have been "suiciding" themselves for 18 months.  

China has arrested hundreds of corrupt officials and bankers.

DO I NEED TO GO ON? 

Just let the process finish.  The beginning of the end has begun (days ago!). We are there!  
....

**********

R.V./GCR  Today is CRUNCH DAY No country outside the USA accepts fiat dollars    

R.V./GCR Today is crunch day no country will take fed reserve money on any trade platform as of today

geeky gal  > R.V. / GCR I have had trouble making an out of country internet purchase for 2 days...may be a crunch happening for sure.

Awake-in-3D  > R.V. / GCR  Wouldn't that mean that the tens of thousands of USA business and tourist travellers outside of the USA at this very moment cannot exchange their $ for the local currency of where they are right now, today???  

What about their American Express, Diners Club, Visa, and MasterCard transactions at this very moment? Are they being declined?

I am not antagonizing... but if you're going to post those statements, please provide how this is being administrated?  I WANT TO BELIEVE!     :)

Coffeeone  > Awake-in-3D It's been that way in some countries for awhile...........they only want to accept credit or debit transactions.......they do not want or some will not accept the dollar bill. Hey, go to the grocery store how much is your precious dollar worth?

Vinman  > Awake-in-3D This is for trade.  And just a note...all credit card purchases are completed in local currency. Amex would covert at time of billing to dollars if they were billing you.

Awake-in-3D > Vinman Shhhhhh.... I understand that (travelled 40+ countries to date)... just trying to get a little more out of PT.   ;)

BTW - you're quiet these days... any particular reason?

Vinman:  > Awake-in-3D Oh...my mistake :-) LOL Mums the word.  My work is done here...it's nice to see others grab the ball and run with it.  Plus...we are there :-)

Rick > Awake-in-3D Its true Awake the Dollar being rejected more places than ever and Russia and China Alternative to SWIFT is UP and RUNNING....

R.V./GCR  > Awake-in-3D New currencies out approx. next Tuesday

******************************

TNT:

Already Blessed:  ....YES, INDEED....I AM HEARING GREAT INFO BUT THAT ISN'T MY JOB SO YOU WILL HAVE TO WAIT FOR TONY AND DC TOMORROW IF WE HAVE TO DO ANOTHER CALL (WINK)

Fox: Minute 7 weds. D C , i am Pretty Excited I am Verry EXCITED and have been for a while now and Continues to get BETTER & BETTER

Dinar40:  Some people are suggesting that we will have to wait 10 days after the RV before we can exchange....That doesn't make sense to me. Is there someone who can address this question with insight????

Lester: Dinar4d peeps are just saying that because that was the case in the Kuwait RI, very different situation

Littleman:  Five interesting stories....this could be most of us. They Won the Lottery, Then What? http://ift.tt/1bHGMck

Littleman:  A lot of people dream of being wealthy, but what is sudden wealth? http://ift.tt/1OKk9WB

KTFA:

pastorpatch » "In watching this whole thing go down over the last few years it reminds me of a long labor ...... It seems like we get close then the contractions stop for a while then another contraction then it goes away for a while ...... Eventually it will pop and we all will say how
beautiful it is."

CBonham:  I've been thinking the RI is now crowning.

Backdoc:  SOMEBODY BETTER TELL PIANIST PAM TO WARM UP SOON BECAUSE THE SYMPHONY IS WARMING UP!! Lol

**********************************

GET:

[hogs4life] 4/30/2015 Frank26 [via FrostyTheSnowman]

Maliki is superhot right now...because he can be dangerous towards the closeness of this MR [Monetary Reform].

The MR is so close...it’s so fragile to these bullies. It’s important that they must deal with him.

Abadi and Shabibi asked for $$$ and weapons to help with Maliki.

We’ve got it covered...I can’t tell you how...but the media will in the next 30 days or so.

As you see one disappear...you will see the one that fears him...appear.

We’ll see Dr. Shabibi soon!

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Comments On "Conflict & Commonality" Part 3

Speedspirit   APRIL 29, 2015 AT 12:33 PM  Safety Fishnet – I agree with your assessment of the situation. We are spiritual beings experimenting with free will is all. 

We as individuals need to start living what is known as our life’s calling. You know your own life’s purpose by identifying the one thing you would do if you were the last human on earth and what you would do with all your time.

 The more individuals who live this way are in essence increasing the positive creative forces of the Universe. This is the counter balance to all the corruption and actions of lost souls. 

Once people see a better path they will choose to follow a positive example for it is a positive energy that nourishes the soul. How many members here are taking positive actions in this direction?

 How many members here are guilty of waiting for someone else to save them? 

How many are brave enough to carve a path? We are obviously a unique bunch, a very small minority that recognize the situation but that same intelligence must be used to save ourselves, in my opinion.
~~~

Speedspirit Continues:  Last year I attempted to sell my home in the suburbs to move 1 hr out into the country on 40 acres.

Sold my home in 9 days. The husband of the house I wanted signed the contract for us to buy but the wife would not sign. I took it real hard at first wondering why the stars were not lining up to help me accomplish putting things right with the Universe.

I knew one should always ask “for this or something better” from God so I accepted the situation. My post at that time were seen by  some of you folks as angry. Yeah I was fighting anger.

But now I have found a new property on 48 acres that my family will start a permaculture farm on.

I am doing the best I can to be brave, be logical and set an example for my children, friends and community. Most who know the story tell me they wish they could do the same, but they choose not to.

Maybe after they see what I will attempt to do they will. I can only hope. Everything else in our life I will try to keep the same just live 1 hr away on land that can be farmed. Thats the best I can do to make a difference.

Safety Fishnet (@SafetyFishnet)   APRIL 30, 2015 AT 7:39 AM  streetspirit, congratulations to you for your persistence & bravery, it seems to work for you.

Moreover, thank you for expanding on my questions and your honest self-reflection, you’re definitely spot on!!

While reading J.C’s material and engaging in this forum is highly enlightening, we should “walk the walk” to make our experience in this universe worthwhile and in line with what we are learning & discussing here.

Self-sufficiency even at modest levels coupled with the company of like-minded individuals will definitely do you wonders, I hope to emulate something similar to what you achieved, but challenges remain ahead for me too.

I have to pick a new career & occupation or relocate to somewhere abroad, a less **ittier place than the extremely **itty Turkey, which I unfortunately populate.

I’m desperate to fulfill these, because even I’m partially awake to the essence of my creation, I can’t afford to go back to sleep.

irrelevant111  APRIL 29, 2015 AT 12:33 AM  Dottie,  The bombs that fell over Japan saved many American lives due to ignorance which is most certainly a failing in all countries.  How many of your ancestors gave their lives so you have the freedom to speak?  I lost many…  Off my podium, wish you well as we live n learn…  Best

Dottie Derewicz  APRIL 29, 2015 AT 8:45 PM  Irrelevant..is that all that matters.. You didn’t have to save American lives..the war was over at the point that how many thousands Japanese civilians women and children were fried. I have done study on this….

Take General Dwight David Eisenhower on this. He, himself said that they did not have to bomb..the war was over..his very words.

I will post his very words on this. How many lost their lives for no reason? Like in Iraq, Vietnam, Afghanistan? You simply just don’t know the truth..it is that simple.

There are few wars that we fought that were considered moral and right. My uncle was on Iwo Jima.

He told me about that one. He was there. He said he was a sitting duck and if he hadn’t gotten Tuberculosis he would have been dead.. for what.. a base. You can not justify what the US has done to me. I have studied for two years now.

Dottie Derewicz   APRIL 29, 2015 AT 8:52 PM  Sorry , Irrelevant with all due respect you are just wrong on your facts. I studied this because I had bought all the war propaganda..

here are the very words from General Dwight David Eisenhower..

You can believe what you want, but the truth will win out in the end. Yes, I have lived and I have learned.

I have learned the truth on the wars waged in this country. It doesn’t mean I don’t love my nation. It is because I love my nation that I search for truth. I never want to have to be accountable for little children dying for no moral reason and not to defend our country under attack and I say that..when we are directly under attack we must defend..

Peace through strength..is the only way!! It isn’t just about the white man as MLK said. When we are wrong we are wrong..wave the flag all you want sir, but with this one we were oh, so, wrong.

It always comes down to..make someone feel guilty, by saying look how many died for your freedom..most wars are not fought for our freedom. It is fought for power and money..

The military industrial complex..look that one up.. and read this article please. It is very profound as well.

http://ift.tt/1bHv6Xb

Dottie Derewicz   APRIL 29, 2015 AT 9:10 PM  I apologize to JC for getting a bit off topic, but find the speech that MLK gave to be relevant to the multilateral subject. As you explained about the changes coming. The idea of less wars really rings loud in my ears.

 I have studied for some some time the many, many wars that the US has been involved in over the years. There is a number it is huge. We have over 800 military bases around the world..as MLK spoke about.. being the policeman. I would love to see this change.

Let’s stop being involved in wars in every nation on the planet and especially the Middle East. Bring our men and women home and rebuild this nation. That is my hope.

 luismagno2010  APRIL 29, 2015 AT 6:29 AM  @nanook  I was responding to JC’s comment on your comment. “Minority rights” is establishment wording and JC’s. It is not my wording.

 I used that wording as a starting point in an attempt to close the conceptual gap to New Paradigm thinking on the issue of “minority rights”. The concept of “minority rights” is a mental abomination and a mental aberration imposed on the hapless American people from “on high”.

Dottie Derewicz   APRIL 29, 2015 AT 9:12 PM I agree lulsmagno..you are so right..hit the nail on the head, thank you.

daniel grig (@gelingrig)   APRIL 29, 2015 AT 7:17 AM  irrelevant111, All wars are behind the interests of private banking.  Countries and people are victims. But the elite works behind a symbol of a country such as America, Russia and China.

If the U.S. out have many hotbeds of war, it is not that the country called USA, if single to decided to go to war, but that have manipulated the votes, for the lie of corrupt politicians, which are private banking puppets.

The United States is no longer a free country, it is a corporation headquartered in Washington, DC (district of Colombia) is a micro-estado in another State and belonging to the Vatican.

America has two constitutions, but few know this painful truth.

What makes the elite then is face even through patriotism.

Part of patriotism is “brainwashing” that many American soldiers have died and killed others, thousands of miles distance from his country, like Afghanistan, Iraq etc thinking that they are Patriots and defend America, unaware that defended the interests of private banking. We are all brothers planetary.

Dottie Derewicz APRIL 29, 2015 AT 9:14 PM I thank you for telling the truth. If you dare say this to many in America you get attacked saying you aren’t a patriot and don’t love your country. Quite the contrary.. it means you love your country enough to tell the truth.

luismagno2010  APRIL 29, 2015 AT 8:24 AM  JC, I do believe that this is your best off-topic essay ever. The Achilles heel of your improving vision is the failure to extend your multilevel thinking to a multidimensional reality.  ~ from Ludwig der Grosse aka Luis Magno

JC Collins   APRIL 29, 2015 AT 12:21 PM Luis, thanks, I think. The esoteric is never far from my mind. So in good spirit I’ll give you a tidbit of something that aligns with your comment.

Humans are multidimensional reality, and the Earth is a multidimensional lens. Everything has multidimensional components whether we perceive it correctly or not.

A multilateral restructuring of Mans systems is a “projection” of the multidimensional characteristics of both mind and matter, of which the Earth is the projecting lens.

Tommydelicious   APRIL 29, 2015 AT 10:28 PM   from JC: “Luis, thanks, I think. The esoteric is never far from my mind. So in good spirit I’ll give you a tidbit of something that aligns with your comment.

Humans are multidimensional reality, and the Earth is a multidimensional lens. Everything has multidimensional components whether we perceive it correctly or not.

A multilateral restructuring of Mans systems is a “projection” of the multidimensional characteristics of both mind and matter, of which the Earth is the projecting lens.”

Now there’s a topic which underlies a lot of the comments that have been posted here. I know you, JC, understand what Krishnamurti spoke of when he said that we are all “reading the book of life”, and through a multidimensional lens no less! I appreciate all the comments that have come in here, and am engaged in reading the book of life through these projections.  Thanks to all.

irrelevant111   APRIL 29, 2015 AT 2:58 PM Patriotism is Nativism. Part of any culture. History supports loyalty to any country. Always know, WW2 freed many a man at huge cost from Americans, British, Australian n many others. The fault of war is self evident. The sacrifice of common man in the trenches is the honor one should bestow. Hope for calm waters down the road.  Nothing more…

Dottie Derewicz   APRIL 29, 2015 AT 9:19 PM  Sacrifice for what Irrelevant..to put money in someones pocket. Many of these men and women died for just that reason..start doing some research my friend.

Daneackerman   APRIL 30, 2015 AT 9:17 AM  Unfortunately Dottie with this point of view disrespect the men and women who have put boots on ground or in trenches but didn’t know they were fighting for corporate advancement. They thought they were fighting the good fight which was to give us the right to do just what we are doing now sharing our own personal perceptions of the lives we have lived.

Although understanding this point of view it doesn’t take into account them that truly believed they were fighting the good fight we should work diligently to remember this and factor it into our reasoning.

Tommydelicious   APRIL 29, 2015 AT 10:34 PM   I agree irrelevant111. Having read accounts of Taliban terrorism in the homeland of Afghanistan against their own people, I cannot blame American soldiers nor the empire itself for moving to make a change there. I personally know a few men who fought in Iraq, and they did indeed fight against some truly evil forces.

Yes, hope for calmer waters down the road, meanwhile, keep the mind open and the thoughts clear. Emotional attachments to lyrical ideals creates confrontation. And where confrontation exists in individuals, it will exist in societies.  Stay lucid.

Dottie Derewicz  APRIL 29, 2015 AT 11:57 PM   I just attempt to bring forth the truth. If you are open to the truth, but some never will be. Of course there is terrorism in Afghanistan. How many years did the US stay in Afghanistan fighting a war they couldn’t win if that is truly what their intentions were. 

Why was the US there? Why do we get involved in every confrontation in the world when we are broke.. 

It seems no one gets that.Bring the troops home and bring the money home and stop paying the military industrial complex to clean up in every country we demolish.

beachdude2   APRIL 30, 2015 AT 2:17 AM  Irrelevant111, Yes but after the economic collapse of Germany’s economy after WWI, who brought up much of Germany’s manufacturing infrastructure for pennies on the dollar and brought the Nazi’s to power?

Wall Street Banks like Brown Brothers Harriman, Chase and Union Bank, plus big American Companies like Dow, Alcoa, Ford, GM & ITT, thats who.

Who has never lost a war in the last 1000 years? The Bankers because they fund both sides. The Patriots you refer to are just pawns on the chess board and just fodder for the slaughter.

http://ift.tt/1QQykIl

Professor Anthony Sutton has a whole series of books and YTube videos on this and other dual war funding:   Soviet Russia, Nazi Germany: The Best Enemies Money Can Buy 1 of 5 -- Prof. Antony C. Sutton

http://ift.tt/1bHv7dq

http://ift.tt/1QQymA3

jas0712   APRIL 29, 2015 AT 5:46 PM  Thanks JC, long time reader, 1st time replier. Just wanted to say thank you and you have opened many eyes with your posts, observations of our global economy and speculations as to the direction we are heading Globally. It’s good to put things in perspective and I look forward to reading your insights in the future.

Dripfood   APRIL 29, 2015 AT 7:50 PM  It is indeed an interesting discussion what system of governance form along the movements of multilateralism and consolidation.

I guess demockracy will surely be promoted as the best system of choice, since it is so easily covertly hijacked by those who seek power over many, while giving an impression of free choice for the populace.

But we might see something interesting form just yet.

The internet has caused the elimination of many middlemen in retail and it might be used to render the political middlemen useless over time. Why not vote for visions and decisions directly, without the easily corruptible mediation of political representatives?  As our friend Axx always says: Time will tell.

irrelevant111  APRIL 30, 2015 AT 2:41 AM  Thanks to all. Opinions are like ****holes. We all have one.

Smile n grin as we journey on…  Sincerely,   Axx

Dottie Derewicz   APRIL 30, 2015 AT 11:25 AM  Actually Irrelevant.. it goes this way.. excuses are like a–holes.. not opinions. Most of the entries on here were not opinions, but fact, many never want to deal with the truth. Maybe it is just easier to live in the fantasy world.  

We can smile once America most especially becomes the nation with a soul. It can happen. .not really sure at this point that it will come through the new multilateral system or not.. 

no matter what system it takes my prayer is that we will remove the military bases around the world.. take out the military industrial complex and rebuild not just the industrial component of our nation, but become a kinder nation.

Dottie Derewicz   APRIL 30, 2015 AT 11:28 AM   I do have a question. JC you mentioned checks and balances.. how will the checks and balance work with the US, Canada and Mexico as we are not integrated as of yet?

Dottie Derewicz   APRIL 30, 2015 AT 1:57 PM  ASEAN beating out China in manufacturing

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More Bits and Pieces in Dinarland Late Thursday Afternoon

Dinar Updates:

Q:  [Do you have any ideas of why [Guru TNT] Tony and [Guru] DC are so excited saying that Iraq and everyone is saying that this is happening now?] 

Millionday     NO I HAVE NO IDEA BUT HOPE THEY ARE RIGHT ---

IMO IT COULD HAPPEN AT ANYTIME –

SOME STEP IN THE ACTIVATION OF THE REFORMS WOULD REQUIRE FOR FAIR TRADE ETC THE CALCULATION TO BE DONE AND SET IMO.
....

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Stage3alpha:

R.V. / GCR April 30, 2015 at 3:51pm The news today is no one outside of the usa will honor the Fiat dollar....Obama later today is supposed to tell the USA that in someone elses opinion they need to be gold backed.....and shhhh..maybe by Tuesday the new USA  currency will debut....we are hearing the word MAY I this MAY i that, may,may,may.....this is not hopium… its set in stone.......see i look like a prude…. find Ron Pauls speech today    its the closest to truth out there

R.V. / GCR  Today is CRUNCH DAY… No country outside the USA accepts fiat dollars ….the Crunch

D.K.C. > R.V. / GCR I sure hope this is correct......That would force the USA to activate the Asset backed currency (Supossedly in banks already)  and join the rest of the world...I would think…Thanks PT

Randy Ron Paul... Don't know if its today or not but it is on target!  Could be just more fear porn though.  "An Exclusive with Dr. Ron Paul"

http://ift.tt/1zhNalr

D.K.C. > Randy Oh wow- scary stuff....hope there really is a "Republic" coming back and stopping all this....if not......the US is in Deep trouble!!   He talks a lot ablut what we discuss on dinar sites....Brics, Fiat Currency versus Asset or Gold backed currency....and more....Good interview.

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TNT:

Dansmor :Blackjack7 .. did you go to your meeting yet?

Blackjack7 :Dansmor the rates are no longer on screen waiting for them pop back up

Rrrr:  “Button Pushers”…. I’m a thinkin’, a dangerous venture on my part, but this has bothered me for a while. This button to be pushed could be of a foreign style. Has this person been trained in button pushing 101? Buttons, like humans, react in different ways when and how they are pushed. You may need to push the right side… or push the left side… push it in the middle….push and hold… or not! Sometimes it’s the little things that make the difference. Never take your buttons for granted!

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KTFA:

Backdoc:  AFTER AN INTERESTING DISCUSSION WITH MR Z (zochowski) ...... SKULL CRUSHER WE HAVE SOME THOUGHTS ON THE EXPIRED FIFTIES.

REMEMBER THE CBI CONTROLS THE NOTE COUNT.

WITH ALL THE OLD FIFTIES BEING PULLED OUT OF CIRCULATION THE POTENTIAL FOR MORE VALUE TO THE DINAR IS NOW INCREASED.

REMEMBER THEY SAID THEY ONLY HAD 1 3/4 % IN THE PUBLIC FLOAT.

THAT NUMBER MUST NOW BE CONSIDERED LOWER. WILL IRAQ USE SOME OF THIS MASSIVE CURRENCY REDUCTION IN SOME WAY TO BENEFIT THEM WITH PAYMENTS ECT. TO ACCOMPLISH A BETTER CREDIT RATING?  Mmmmm

TIME WILL SHOW THE ANSWER FOR SURE BUT IT SEEMS INEVITIBLE THAT WE WILL SEE THAT UPGRADE SOON.

THIS WILL BE HUGE FOR THEIR INTERNATIONAL STATUS.

WITH BAD APPLES BEING PLUCKED FROM THE GOI NATIONAL RECONCILIATION LOOKS TO BE UNDERWAY.

IT ALSO APPEARS HEAD COUNTS AND PAY SCALES ARE BEING ADJUSTED IN THE MILITARY AND GOVT. OFFICES TO REFLECT BALANCE TO ALL TRIBAL FACTIONS IN IRAQ.

DOC    IMO

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Blinkster:  BackDoc, it really appears like a carefully planned and executed thing, doesn't it? I've been telling my wife for weeks that when this thing is ready to "go live" that IMO we will see M dealt with, most likely DIRECTLY BEFORE the IR due to security-themed issues. Now we have these loans, etc, reports of M in the hospital (and another that seems to contradict it) and M wearing his best Monty Hall suit, S requesting protection, etc; and it all just seems to carefully connect the dots sequentially. Did anyone of us ever figure on being born into such an exciting time and generation? Wow.

KTFA Cont.........

zerb : it's so full of stars so full of stars brothers and sisters! Outstanding job Walkingstick newshounds what a glorious day!

Ask yourself this family what if this is already done past tense?

What if Iraq already has a AAA rating...imagine...

I truly believe the only thing they have left to do is implement the rider in the budget!!!

Ghost we pray all is well...please keep Dr. S safe secure and confident...I pray to Lord that M...he and his entourage is still alive to see the dinarii revalue before they sentence them to death!

Heavenly Father keep ghost's team & Dr. S safe! Give Dr. S the confidence to implement the rider in the budget now without further delay...we ask this in your most precious name Abba we pray amen.

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Backdoc:  AMAZING WHAT OZ CAN DO BEHIND THE CURTAIN.

WITH A GREEN LIGHT GIVEN ON MARCH 3rd THE ZEROS DROPPED ON THE 8th LIKE THEY SAID BASED ON REMITANCES PAID, THE 50s GONE, THE ZEROS ARE ON THEIR WAY TO HEROS.

ONCE THAT CREDIT RATING IS LIFTED LOOK FOR THE ZEROS TO DO THE SAME. GOSH! I LOVE THIS FIRST WINDOW OF TIME !!!

LOOKS LIKE MALIKI'S MOON WALKING DAYS ARE OVER!!! HEEEES HEEEE   DOC

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Thunderhawk  » April 30th, 2015, 2:13 pm 

Private Foreign Investment ‘Vital for Iraq’s Growth’

Iraq’s Deputy Prime Minister, Dr Bahaa Al Araji (pictured), told a high level international conference in Baghdad on Wednesday that his country recognised the vital importance of foreign investment and Iraq was full of opportunity.

Dr Bahaa said the Government was ready to extend all facilities and offer incentives for businesses to come to Iraq. Large provision had been made in the latest national budget for this.

Speaking at the conference, organised jointly by the Iraq Britain Business Council (IBBC), the National Investment Commission (NIC) and the Federation of Iraqi Chambers of Commerce, Dr Bahaa said he was particularly keen to encourage UK firms to come to Iraq.
“We know these firms will do business in the right way. They would be very welcome to help us reconstruct our country,” he added.

The Chairman of the National Investment Commission, Dr Sami Al Araji, continued on the same theme, telling the audience of senior UK and international business leaders that Iraq was reforming itself for outside investment.

“We want to change from a central economy to an international economy. We want to be open to other countries and make all facilities available to encourage them to invest. If we want to work with the outside world then we must deal with business in the international way,” said Dr Al Araji.

He said the country had more than 900 projects that could be offered up for international investment and participation.
Iraq’s Minister for Oil, Dr Adil Abdul Mahdi, also spoke of the urgent need for foreign investment.

“To achieve our ambitions to serve the country better and maximise production of oil, we need to improve our infrastructure for oil and gas. We are actually losing more now than we historically produced in total,” said Mr Mahdi.

“Maybe soon we will hit four million barrels a day – we are not far from it. This means we need more infrastructure, especially storage – that’s storage in the fields and at the ports, and also more pipelines,” he added.

Dr Mahdi said gas was also a big issue. Iraq was losing billions of dollars because gas was not being harnessed and this was “not acceptable.”

Shell Iraq is now working to help develop Iraq’s fledgling gas industry and has recently opened the Basrah Gas Company.

Shell Iraq’s Country Chairman, Hans Nijkamp, said the government must continue to make more effort to expand and develop gas production. Tapping into natural gas would help modulate demand and in time Iraq could begin to export the product as far afield as Europe.
Mr Nijamp continued, saying the potential for both the gas and oil industries in Iraq was still “as big as ever.” There were a “few glitches” at the moment, not least the low oil price, but this was a reality they all had to come to terms with.

The Deputy Country Manager of BP, Zaid Elyaseri, told the conference that the company’s Rumaila field in Iraq had already generated $30 billion for the government and was currently adding $20 million a day to the Iraqi exchequer.

Mr Elyaseri said that BP had committed to a long term relationship to both the government and the country itself. The company wanted to ensure Iraq “gets where it wants to be.”
The UK’s Ambassador to Iraq, Frank Baker OBE, said Britain looked on Iraq as the cultural and financial centre for the region, with the potential to become the economic force in the Middle East, and all that after three decades of conflict, sanctions and lack of investment.
Mr Baker said Iraq now had its most inclusive Government in decades, with politicians on all sides working together.

“We in the UK stand ready to help – helping on the security front, with the humanitarian crisis, and also helping with economic reform and we are well placed to do so, having taken some tight decisions to put our own economy back on track.”

Delegates to the conference were welcomed by the Executive Chairman of the IBBC, Baroness Nicholson of Winterbourne.

She said partnership must be the most powerful message to come out of the conference.

(Source: IBBC)

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The Big Call for Thursday April 30, 2015 is at 9PM ET

The Big Call for Thursday April 30, 2015 is at 9PM ET

We will discuss the latest about the economic reform occurring throughout the world... our upcoming network for future calls (TGRN.net) ... and talk about how to be ready for our exchange. Join us tonight to be part of the discussion.

Listen Only line: 530-881-1150 Q&A Line:          559-726-1150 No access code is needed for either line. Playback number: (559)726-1159 access code 123456# Link will be given to Dinar Recaps following the call. Thank you for posting. We appreciate Dinar Recaps for the wonderful effort they make.

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The I.Q.D. Team Connection~~Conf Call Thursday April 30~8PM Latest Iraq Dinar RV News~~Its All Good

The I.Q.D. Team Connection with Straight Talkin' Mike, L.J., Diana, Debbie & Kimberly
Investigate, Question, Deliver - "Connecting ALL The Pieces"

Conference Call - Thursday, April 30, 2015   8PM EST

Call in Number: 760-569-7676 / Pin: 769478# or
Back Up: 760-569-7676 / Pin: 712222# (listen only)  

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Join us tonight as we continue our mission to Investigate,  Question &  Deliver the "Straight Talk" "CONNECTING ALL THE PIECES" with all the UP TO THE MINUTE IRAQ NEWS related to Iraq, Economy, Dinar, CBI, Govt & the RV...Pre & Post RV...Followed by Live Q&A

Call in Number: 760-569-7676 / Pin: 769478# or
Back Up: 760-569-7676 / Pin: 712222# (listen only)

Every Tuesday & Thursday 8PM EST

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fire HD7

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Bits and Pieces in Dinarland Thursday Afternoon

Stage3Alpha:

Danny S:  Its groundhog day in the metals markets with massive volume keeping prices range bound.

Bank stories are everywhere, but don't have the effect of times past.

The dollar's inexorable climb has been halted as if by an Everest-scale avalanche, yet markets shrug it off.

Bond info of all kinds sound more and more promising- the one bright spot that keeps the faithful moving forward.

Attention turns to more productive pursuits for the summer as many of us have felt the "Personal RI/RV Reality" of Exo's blog post and being excited for excitement's sake leads only to adrenal fatigue and "hopium" hangovers.

Today is the end of the line for the two most promising stats:  

100% of all RV's since 1985 have occurred in April or September

73% of all RV's have occurred on April 30th.

Let's manifest these stats into our reality today!
....

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Awake-in-3D   > Danny S. April 30, 2015 at 9:31am Did someone say BONDS? :)

The PPP's have funded. They will be cleared first as various currencies are already stacked, packed, and racked for processing. But the final trigger point is elusive to even the most diligent and creative researchers. The arrests are happening and easily confirmed by due diligence although not the big fish... Yet! We'll get there! :)

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R.J.  > Hopefully we will see things soon now that today is the 30th and we can finally stop hearing about the 50 Dinar notes after it turns May 1st this afternoon in Iraq. Then that will be one less excuse that they can use for the RV Delay.

But the April 30th-May 1st time frame is an optimal time frame for them to release the RV/GCR.

The old 50 Dinar note will be gone, it is the first of a new month for their books and accounting, and it is on a Friday, which many people have stated that Iraq has preferred Fridays historically for rate changes.

And they are off on Friday in Iraq. So many different reasons why today into tomorrow is a great time to do it. 

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LEM April 30, 2015 at 2:19pm

FYI....Rumors or reality?? I don´t know, could we believe them? and how serious are? let´s take that as a rumor!

4-30-2015  Poppy3 and Millionday   NOTE -- ...WE SAW A REPORT THAT THE WORLD BANK HAS SIGNED FOR THE LOAN TO IRAQ -- SO OFFICIAL AGREEMENT MADE.  

Quote: "MP for the Parliamentary Finance Committee Masood Haider, on Tuesday, the International Monetary Fund agreed to Iraq's request Baagheradh amount worth five billion dollars as part of the response to the financial crisis experienced by the country."   

NOTE -- THE IMF HAS ALSO SECURED THEIR AGREEMENT WITH IRAQ.   ...

THIS WAS THE SAME PROCESS KUWAIT WENT THROUGH JUST BEFORE THEIR ANNOUNCEMENT OF THEIR NEW RESTORED RATE. 

ALSO REMEMBER AFTER THEY RELEASED IT THEN WAS 10 DAYS BEFORE IT WAS LEGAL TO EXCHANGE.  WE ARE LOOKING GREAT AND THE MONEY WILL BE AWESOME.  

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TNT:

Posted by OK Rocks:

7:45 AM PT > Blackjack7 wrote Ok guys just heard from my wm and if indeed the wells in Idaho is exchanging he sees no reason not to push me on through today...he is checking now

APPALOOSA wrote BLACKJACK - did someone here bring news in about the WF in Idaho.....I think I may have blinked and missed it.  hi everyone
    
Blackjack7 wrote App it was from last night and there may be some steam, waiting to hear back

cudbuck wrote blackjack...Iread where they were "paid" (credited), but no real money
(me: so no access to funds until it goes, is how I read that)

APPALOOSA wrote it was in AFTERDARK chat yesterday.....I missed it too

Ween1 wrote DON'T CALL THE BANK, YOU WILL BE GIVEN A 800, WAIT FOR THAT!

Iko Ward wrote And just to tag onto what BJ is experiencing, Forex is acting strange on the basket. Last nightstand dinar climbed 40 points and then early this morning (earlier than usual)

Iko Ward wrote Bounced back to 1164 but the real news is the dong never moved. It always moves 3-400 points but stayed at 0 movement since yesterday afternoon. Remember with Forex it's not so much the rate or RV as it is the movement. A positive sign.

Iko Ward wrote It's the uncharacteristic movement. Dong always swings and now not even a peep. Dinar always creeps but now big swing up,and the early move down.
     
Blackjack7 wrote Folks I am seeing a bit of a trend, aren't you?

Blackjack7 wrote I remember Tony saying that the dinar is the catalyst for everything else

Later in Chat:

Iko Ward :OK, been dying to say this. Take as my own humble opinion. Iraq will push button tonight. Banks will start early exchange tomorrow but  Tony won't be allowed to make the call until after the NY Stock Market closes tomorrow which mean we start with the banks on Saturday, giving them time to work out kinks, and the whole thing goes public Monday.

[LAS] Blackjack7 :IKO I think what you are saying has merit because my wm can no longer see the rates...hmmm

Porta1:  Always heard Thursday nights banks world reconcile thier books. Hopefully they wil use the RV to help reconcile thier account.

TotallyBlessed:  BJ if it has left his screens I would imagine that means none of the banks can see it right now?

Elmerf123456:  Good little nugget. Haider Al-Abadi Just now incoming. Mr. Prime Minister Dr. Haider Abadi in his office today Thursday vice-president of the World Bank Mr. Hafiz Ghanem, Facilities. Automatically Translated

Blackjack7: So is there any way to confirm if the World Bank has signed for the loan to Iraq???

DrD: Blackjack7, according to Abadi's tweet sent @ 10 minutes ago, he is in a conference with the World Bank VP Hafez Ghanem at this time-no other info available!

NONO: 4-30-2015 Poppy3 and Millionday NOTE -- ...WE SAW A REPORT THAT THE WORLD BANK HAS SIGNED FOR THE LOAN TO IRAQ -- SO OFFICIAL AGREEMENT MADE. Quote: "MP for the Parliamentary Finance Committee Masood Haider, on Tuesday, the International Monetary Fund agreed to Iraq's request Baagheradh amount worth five billion dollars as part of the response to the financial crisis experienced by the country."

Totally Blessed:  Would you give a loan to someone who couldn't pay it back? I don't think so.

KTFA:

Walkingstick » April 30th, 2015, 9:37 am 

 Finance Minister: Iraq is seeking to obtain a sovereign rating

30/04/2015 04:21 |

BAGHDAD / Source News / .. Finance Minister Hoshyar Zebari, on Thursday, that his country is seeking a sovereign rating and continue with the credit rating agencies as it prepares to issue huge bonds worth five billion dollars needed to cover the budget caused by lower oil prices deficit.

Zebari said in an interview I followed Agency / Source News / "We started the process, banks are also seeking to help us in this direction."

Iraq has announced that it will issue bonds worth five billion dollars in the first issued in the international bond market nine years ago, in particular, and he desperately needed to liquidity as the government predicted that this year's deficit up to about 25 percent of the budget of 100 billion dollars, almost the size.

And obtain a sovereign rating from a major credit agency which Iraq currently lacks him may help persuade the international fund managers and international banks in underwriting bonds.

Zebari said that "Iraq is seeking to connect with two or three credit rating agencies, but he did not identify, discuss Iraq and bond issuance plan with City Bank and Deutsche Bank."

The process of obtaining the credit rating may be sensitive for Iraq as it will be forced to open its books to these institutions reveals revealed new information on public finances.

Zebari did not disclose the date on which it is expected to complete the process.

It is expected to attract Iraq's oil reserves huge -alta it did not reach the hands of Daash- buyers for this offering.

But many fund managers believe that Baghdad would face difficulty in the sale of five billion dollars in a short period even if the generous pricing.
In response to whether the number five billion to be very ambitious, Zebari said "We have a commitment in the budget to issue six billion, so this is the minimum this is our plan to cover the deficit, but there is no way to be issued in a single chip."

Iraq has an existing issue of dollar bonds maturing in 2028 and prompted a wave of panic selling late last year with the erosion of oil prices return on these bonds to rise to a record high of 10.49 percent from about 7.2 percent in September. But the yield has since tumbled to 8.04 percent.

In addition to the issuance of international bonds Iraq has taken or plans to take other financial measures, including the issuance of bonds in local currency to the banks and the imposition of taxes on some consumer goods and reduce public sector salaries Fifi, also asked the help of the IMF Ata.anthy Looking T.

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Boxman:  That is incredible news...sovereign funds....looks like Iraq is putting on their big boy pants..

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jdtolle » April 30th, 2015, Purpose you cannot deny

The thing that will keep you focused is not a strategy or technique or condition. What will keep you focused, and disciplined, and committed, is a purpose you cannot deny.

If you’re serving a purpose that isn’t really your purpose, you’ll easily be distracted from it. Yet when you follow a purpose that lives at your very core, nothing can pull you away from it.

Focus is not about trying hard. Focus is about living true.

Great achievement demands great effort. A clear, authentic purpose is what will drive that effort, and make it feel like no effort at all.

Be honest with life, be honest with others and, most of all, be honest with yourself. It is an unwavering commitment to truth and openness that enables you to connect to the power of your purpose.

Live the purpose that lives at your heart. And live with richness in every moment.

Ralph Marston  Wishing All a safe and blessed day   JDT

P.S. You're not obligated to win. You're obligated to keep trying to do the best you can every day. -- Marian Wright Edelman

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