Jester’s Place:
[Jester] HI AND HAPPY SATURDAY EVERYONE....
[PollyP] Jester, Betsy had a link to an IMF article today from Brics Post, have you had a chance to read it? If not we can discuss it at another time
[Jester] PollyP WHICH ONE? I HAVE SEVERAL...
[chuck60] Jester Well, it doesn't affect me, so I wish them luck! Lol
[PollyP] Jester, it said they delayed their decision until September and Christine asked again for the US to pass the reforms?
[Jester] IMF Executive Board Reports to the Board of Governors on Interim Steps on Quota and Governance Reform
....
[Jester] HI AND HAPPY SATURDAY EVERYONE....
[PollyP] Jester, Betsy had a link to an IMF article today from Brics Post, have you had a chance to read it? If not we can discuss it at another time
[Jester] PollyP WHICH ONE? I HAVE SEVERAL...
[chuck60] Jester Well, it doesn't affect me, so I wish them luck! Lol
[PollyP] Jester, it said they delayed their decision until September and Christine asked again for the US to pass the reforms?
[Jester] IMF Executive Board Reports to the Board of Governors on Interim Steps on Quota and Governance Reform
....
[Jester] Press Release No. 15/273 June 12, 2015
[Jester] The Executive Board of the International Monetary Fund (IMF) adopted on June 11, 2015, a report to the Board of Governors—the IMF’s highest decision-making body—on interim steps on quota and governance reform.
[PollyP] Betsy, do you have the link please?
[Jester] In light of continuing delays in the implementation of the 2010 quota and governance reforms (2010 Reforms), the Board of Governors, in February 2015, adopted Resolution No. 70-1, which called on the Executive Board to work expeditiously and to complete its work as soon as possible on interim steps in the key areas covered by the 2010 Reforms, pending their full implementation, and thus to enable the Board of Governors to reach agreement on steps that represent meaningful progress towards the objectives of the 2010 Reforms by June 30, 2015 (see Press Release No. 15/20).1
[Jester] In its Report, the Executive Board notes that, while progress has been made, the Executive Board has concluded that more time is needed to build the necessary consensus among the membership to complete its work on interim steps. The Report further notes that the Executive Board reiterates its deep disappointment with the continued delay in the effectiveness of the 2010 Reforms, and urges the United States to ratify them as soon as possible. The Report indicates that, if the 2010 Reforms are not ratified by September 15, 2015, the Executive Board will consider prior to end-September which interim solution to pursue and will, building on its ongoing discussions, complete its work on steps that represent meaningful progress towards the objectives of the 2010 Reforms as early as possible and no later than mid-December 2015. The Report notes that the Executive Board will continue to follow the guidance and directions provided by the IMFC and the Board of Governors on all other quota and governance-related matters.
[Jester] The Executive Board of the International Monetary Fund (IMF) adopted on June 11, 2015, a report to the Board of Governors—the IMF’s highest decision-making body—on interim steps on quota and governance reform.
[PollyP] Betsy, do you have the link please?
[Jester] In light of continuing delays in the implementation of the 2010 quota and governance reforms (2010 Reforms), the Board of Governors, in February 2015, adopted Resolution No. 70-1, which called on the Executive Board to work expeditiously and to complete its work as soon as possible on interim steps in the key areas covered by the 2010 Reforms, pending their full implementation, and thus to enable the Board of Governors to reach agreement on steps that represent meaningful progress towards the objectives of the 2010 Reforms by June 30, 2015 (see Press Release No. 15/20).1
[Jester] In its Report, the Executive Board notes that, while progress has been made, the Executive Board has concluded that more time is needed to build the necessary consensus among the membership to complete its work on interim steps. The Report further notes that the Executive Board reiterates its deep disappointment with the continued delay in the effectiveness of the 2010 Reforms, and urges the United States to ratify them as soon as possible. The Report indicates that, if the 2010 Reforms are not ratified by September 15, 2015, the Executive Board will consider prior to end-September which interim solution to pursue and will, building on its ongoing discussions, complete its work on steps that represent meaningful progress towards the objectives of the 2010 Reforms as early as possible and no later than mid-December 2015. The Report notes that the Executive Board will continue to follow the guidance and directions provided by the IMFC and the Board of Governors on all other quota and governance-related matters.
[Jester] THAT IS WHAT I KNOW ABOUT IT BUT IT IS FROM THE IMF
http://ift.tt/1GzwGXg
[PollyP] Jester, better article
[PollyP] Yours is much more in depth.
[Jester] PollyP I THINK THAT IS THE INFORMATION YOU WERE ASKING ABOUT... I HAD TRACED IT BACK TO WHERE IT CAME FROM...
[PollyP] Does it seem like they (IMF) are bending over backwards to give the US every opportunity to pull their head out?
[Jester] PollyP MAYBE... BUT I FIGURE THERE IS A BETTER REASON FOR NOT DOING IT... THIS PARTICULAR POINT IS HIGH ON MY WEIRD-STUFF-O-METER....
[Jester] THE HANDWRITING IS ON THE WALL... PLAN B IS ALMOST READY WITH THE REST OF THE WORLD...
[Jester] EVEN THE IMF SEES IT... AND THEY ARE COURTING CHINA AS PART OF THE RESERVE CURRENCY BASKET NOW...
[Jester] WHICH ONLY REQUIRES 70% SO THE US CANNOT VETO THAT...
[Jester] SO CHINA COMES IN THE BACK DOOR... AND THEN THE IMF CLOSES THE DOOR BY APPLYING THEIR PLAN B TOO...
[Jester] LOOKS LIKE THAT IS WHAT I SEE HAPPENING AT THIS TIME...
[Jester] THEN THE US IS NEUTERED TO A CERTAIN EXTENT WHICH IS WHERE THE REST OF THE WORLD WILL LIKE THEM...
[Jester] HEY I DIDN'T SAY IT WAS PRETTY... I BEEN POSTING THIS DIRECTION FOR A COUPLE WEEKS NOW... LOL
[diditrvyeet] Jester yes, you have prepared us for that reality
[Jester] IF YOU HAVE BEEN LISTENING AT ALL YOU KNOW THAT THE IMF IS ALREADY WORKING WITH THE AIIB WITH THE DINAR EXCHANGE TO OIL CREDITS TO FUND OTHER COUNTRIES ASSET BASE...
[Jester] I AM NOT SURE HOW MUCH MORE OBVIOUS THIS COULD ALL GET... IN MY OPINION IF YOU CANNOT SEE IT BY NOW YOU ARE NEVER GOING TO GET IT...
[Jester] OOPS... TIMES UP... I GUESS I WILL SEE YOU GUYS TOMORROW...
http://ift.tt/1GzwGXg
[PollyP] Jester, better article
[PollyP] Yours is much more in depth.
[Jester] PollyP I THINK THAT IS THE INFORMATION YOU WERE ASKING ABOUT... I HAD TRACED IT BACK TO WHERE IT CAME FROM...
[PollyP] Does it seem like they (IMF) are bending over backwards to give the US every opportunity to pull their head out?
[Jester] PollyP MAYBE... BUT I FIGURE THERE IS A BETTER REASON FOR NOT DOING IT... THIS PARTICULAR POINT IS HIGH ON MY WEIRD-STUFF-O-METER....
[Jester] THE HANDWRITING IS ON THE WALL... PLAN B IS ALMOST READY WITH THE REST OF THE WORLD...
[Jester] EVEN THE IMF SEES IT... AND THEY ARE COURTING CHINA AS PART OF THE RESERVE CURRENCY BASKET NOW...
[Jester] WHICH ONLY REQUIRES 70% SO THE US CANNOT VETO THAT...
[Jester] SO CHINA COMES IN THE BACK DOOR... AND THEN THE IMF CLOSES THE DOOR BY APPLYING THEIR PLAN B TOO...
[Jester] LOOKS LIKE THAT IS WHAT I SEE HAPPENING AT THIS TIME...
[Jester] THEN THE US IS NEUTERED TO A CERTAIN EXTENT WHICH IS WHERE THE REST OF THE WORLD WILL LIKE THEM...
[Jester] HEY I DIDN'T SAY IT WAS PRETTY... I BEEN POSTING THIS DIRECTION FOR A COUPLE WEEKS NOW... LOL
[diditrvyeet] Jester yes, you have prepared us for that reality
[Jester] IF YOU HAVE BEEN LISTENING AT ALL YOU KNOW THAT THE IMF IS ALREADY WORKING WITH THE AIIB WITH THE DINAR EXCHANGE TO OIL CREDITS TO FUND OTHER COUNTRIES ASSET BASE...
[Jester] I AM NOT SURE HOW MUCH MORE OBVIOUS THIS COULD ALL GET... IN MY OPINION IF YOU CANNOT SEE IT BY NOW YOU ARE NEVER GOING TO GET IT...
[Jester] OOPS... TIMES UP... I GUESS I WILL SEE YOU GUYS TOMORROW...
via Dinar Recaps - Our Blog http://ift.tt/1MTRr0K
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