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Monday, June 22, 2015

OOTW & Member News Discussion Part 1 of 2

Post From Wealthwatch.world   OOTW & Member Chat Part 1 of 2

 OOTW: I JUST WANTED TO LET YOU KNOW WE HAVE "OFFICIAL INK" ON CHALABI'S MEETING WITH KEYWORDS... AND AN "UNOFFICIAL" ARTICLE WHICH MAY PROVE TO BE GREAT NEWS!

 I'M NOT GOING TO HOLD A CONFERENCE CALL TONIGHT, BECAUSE THE OFFICIAL PRESS RELEASE IS STILL TOO VAGUE - BUT NONE-THE-LESS, INTERESTING NEWS, INDEED! 

Here is the OOTW Chat Concerning The News: 

OOTW: SO TODAY THE PARLIAMENT PUT OUT A PRESS RELEASE ON THE MEETING BETWEEN THE FINANCE COMMITTEE AND KEYWORDS, AND THE HEADS OF THE BANKS

OOTW: I'M GOING TO POST THE PRESS RELEASE NOW

OOTW: Parliamentary Finance Committee held an extraordinary meeting headed by MP Ahmad Chalabi, Chairman of the Committee and the presence of ladies and gentlemen members of the committee Sunday, 06.21.2015 which hosted the Governor of the Central Bank on the Keywords . 

And it discussed the hosting which was attended by the President of the Association of private banks and general manager of the fight against organized crime and director of the Office of Financial Supervision rise of the dollar auctions. 
~~~
 For his part, Mr. Chairman of the Finance Committee suggested Ahmad Chalabi edit the dollar in stressing the need to change the settings menu for the defense of the dollar in Iraq price and ways to reduce the demand for cash through examine the possibility of "Aldravc" and Altravl Jack "

and how to deal with correspondent banks and accounting organization groups that manipulate its price according to the Banking Law and the powers of the relevant authorities and wondered about the aspects related to the exchange rate and monetary policy.

OOTW: AND BTW THIS IS THE GOOGLE TRANSLATION

sczin11: CAN WE ASK GOOGLE WHAT Aldravc" and Altravl Jack ARE?

OOTW: Mr. Governor of the Central Bank and accept it in response to questions, Mr. Chairman, ladies and gentlemen members of the Finance Committee reports available and the facts with the Central Bank expressed its full cooperation with the Finance Committee,

OOTW: GREAT QUESTION SCZIN WE'LL GET THERE

OOTW: valuing the supervisory role that is doing to undermine corruption and financial mafias hidden in banks, which play a critical role in the deterioration of the money and the economy as a result of money laundering,

 and an agreement of vision between the higher authorities to support these trends to combat money is clean and surround these cases that come at the expense of the lives of the citizen and the delivery of the dinar to him without resorting to cash dollar in the hope that such meetings are repeated to serve the economy and the protection of public money.

OOTW: He urged the member of the Finance Committee MP Haitham al-Jubouri to take action on the infamous private banks by private banks which led to the deterioration of the exchange rate Association.

At the end of the hosting thanked the President of the Finance Committee, Governor of the Central Bank proposals and full cooperation in the statement of explanation and detail service in the public interest, and also came up with recommendations will be examined by hosting and lifting and dissemination of public opinion competent and relevant authorities.

OOTW: OKAY NOW I'M GOING TO POST REPEAT ARTICLES FROM THIS THAT HAVE BEEN TRANSLATED IN BING SO WE CAN GET A DIFF PERSPECTIVE

OOTW: CHALABI ADVISED TO CHANGE AND STABILIZE THE RATE FOR PURCHASING THE DOLLAR BY EXAMINING “ALDRAVC AND ALTRAVEL JACK” - BELOW IN THE BING TRANSLATION OF THIS ARTICLE THESE WORDS HAVE TRANSLATED AS “"father of the remarkable" and Ultra Vljk "

OOTW: WHAT THAT REALLY MEANS I HAVE NO IDEA, BUT "FATHER OF THE REMARKABLE" I WOULD GUESS COULD BE INTERPRETED AS OVERSIGHTS OF SOMETHING REMARKABLE

OOTW: BRB

OOTW: SO THIS IS A REPEAT OF THIS PARAGRAPH FROM GOOGLE

OOTW: BECAUSE WE'RE GOING TO AFTER PLUG IN THE BING TRANSLATION RIGHT BELOW

OOTW: GOOGLE: THIS NEXT SENTENCE IS VERY INTERESTING - “AND SURROUND THESE CASES THAT COME AT THE EXPENSE OF THE LIVES OF THE CITIZEN”

 AGAIN, HERE THEY'RE STATING THAT THEY DON'T WANT THE PEOPLE TO SUFFER OVER THE DECLINING VALUE OF THE DINAR –

THEN THEY GO ON TO SAY.... “AND DELIVERY OF THE DINAR TO HIM, WITHOUT RESORTING TO CASH DOLLAR IN THE HOPE THAT SUCH MEETINGS ARE REPEATED TO SERVE THE ECONOMY AND THE PROTECTION OF PUBLIC MONEY. “

OOTW: AND HERE'S THE BING TRANSLATION OF THESE SAME SENTENCES: and an agreement of vision between the higher authorities to support these trends to combat money is clean and surround these cases that come at the expense of the lives of the citizen and the delivery of the dinar to him without resorting to criticism of the dollar in the hope that such meetings are repeated to serve the economy and the protection of public money.

OOTW: WHAT DO YOU THINK WHEN YOU SEE THIS SENTENCE?

OOTW: "and the delivery of the dinar to him without resorting to criticism of the dollar in the hope that such meetings are repeated to serve the economy and the protection of public money?"

OOTW: ANYONE?

precious1: are they talking market rate?

Doug_W: let them spend dollars

OOTW: I'M GOING TO NOW PLUG IN SOME ARTICLES FROM TODAY WHICH MAY CONNECT TO THIS

OOTW: IF I WERE TO LOOK AT THAT SENTENCE AND SIMPLY APPLY LANGUAGE ANALYSIS

OOTW: "OUT OF CONTEXT" ON ITS OWN

OOTW: TO ME IT SAYS - LET'S ELIMINATE ANY REFERENCE OR NEED FOR THE DOLLAR AND LET THE CITIZEN HAVE TO DEAL ONLY IN DINAR

OOTW: NOW IF THAT'S THE ACTUAL MEANING, NOT SURE

OOTW: SO...

Satrib: exactly how I read it too

OOTW: I'M GOING TO BRING IN SOME ART'S FROM SCZIN11 RIGHT NOW THAT MIGHT SHED MORE LIGHT ON THIS AND THEN I'D LIKE US TO DEBATE THIS

DT N AZ: makes sense

KJWayne: De dollarize now!

OOTW: BECAUSE I'M NO EXPERT AND I LIKE OUR CHATS TO BE LIKE A CLASSROOM AND NO, I'M NOT THE TEACHER OR THE GURU, OR ANYTHING ELSE BUT A RESEARCHER

sczin11: ‹@OOTW› ANOTHER DEBATE???

OOTW: YEAH AGREED KJ

OOTW: YEP TOO BAD SCZIN

OOTW: LOL

OOTW: OKAY SO HERE'S THE ARTICLES

sczin11: ‹@OOTW› cEASY, I AM RIGHT, U R WRONG

MrDiagy: ‹@OOTW› You wil be a guru on many othe rsites though

OOTW: YEAH WHATEVER   THANKS DIAGY

OOTW: THEY HAVE TO BRING ME UP TO THEIR LABEL/STATUS IN ORDER TO TRY TO BRING ME DOWN

jarhead: oh kool constructive arguing lol

OOTW: THEY CAN DO WHAT THEY WANT BUT I'M NOT A GURU

MrDiagy: .lol sorry ootw

OOTW: NO IT'S OK HON

OOTW: 06-22-2015 Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, described Monday, a proposal to give the employees' salaries in dollars to "hold is incorrect," saying it would lead to "choke" channels of supply and demand.

Saleh said, "The central bank displays hard currency for sale but there are banking and financial channels exercised the role of the monopoly on the currency and the escalation of price speculation,"

adding that "this monopoly leads to the first two performances of the Bank for the banks and the other from the last to the market, as well as also two requests from citizens and banks Bank

Abraham: ‹@OOTW› you are a Deborah  :smile:

OOTW: WHAT DOES THAT MEAN ABRAHAM?

OOTW: And on a proposal to give the employees' salaries in dollars, Saleh stressed that "the proposal to give the staff of the easy exits salaries action is incorrect because it would create a bottleneck channels supply and demand and thus harm the public interest,"

explaining that "the right way out is to provide a view of the dollar on the right bank by not monopolistic entities ". He continued that "the function of the central bank, is the stability of the exchange position of the dollar, and to defend the exchange rate of foreign currency."

OOTW: And on a proposal to give the employees' salaries in dollars, Saleh stressed that "the proposal to give the staff of the easy exits salaries action is incorrect because it would create a bottleneck channels supply and demand and thus harm the public interest,"

 explaining that "the right way out is to provide a view of the dollar on the right bank by not monopolistic entities ".

He continued that "the function of the central bank, is the stability of the exchange position of the dollar, and to defend the exchange rate of foreign currency."

OOTW: And he was a member of the Economic Committee in the House of Representatives Nora Albjara suggested on Friday (June 19, 2015), employees' salaries in dollars instead of the dinar exchange rate in order to avoid the high dollar exchange rate again, while the central bank described the action as "timid".

OOTW: NOW HERE'S THE NEXT ARTICLE ON THIS SAME TOPIC

OOTW: 06-22-2015 lsumaria News / Baghdad  Economic Adviser to the Prime Minister, described the appearance of Mohammed Saleh , on Monday, a proposal to give the employees' salaries in dollars to "conduct is incorrect," saying it would lead to "choke" channels of supply and demand. 

Saleh said in an interview with Alsumaria's News, he said that "the Central Bank presents hard currency for sale but there are banking and financial channels exercised the role of the monopoly on the currency and the escalation of price speculation,"

adding that "this monopoly leads to the first two performances of the Bank for the banks and the other from the last to the market, as well as also requests from citizens and banks to the bank. "

Abraham: ‹@OOTW› was a wise and courage Judge of Israel

KJWayne: or could it be ,there is not enough dinars to cure this pay problem because of lack of DINARS !

OOTW: OH SORRY THAT DEBORAH THANKS ABRAHAM  --  LOL TY

OOTW: SO SALEH IS TRYING TO COMPARE THE USE OF DOLLARS TO DINARS AND SAYS, IN EFFECT, THAT IT WILL BE EASIER FOR THE CITIZEN TO USE DINARS BECAUSE WHEN THERE'S USE OF TWO CURRENCIES, CONCURRENTLY THAT IT CAUSES TO "BOTTLENECK" THE MARKET AND EXCHANGES AT BANKS TO CONVERT ONE TO THE OTHER

Abraham: How they were operating was counter productive to a market economy

OOTW: EXACTLY ABRAHAM

sczin11: ‹@KJWayne› THE Y PROPOSED DOLLARS FOR PAY CAUSE OF VALUE DECLINE OF DINAR IN RECENT DAYS

OOTW: SO THESE ARTICLES GIVE US A CLUE AS TO WHAT THE OFFICIAL PRESS RELEASE FROM THE PARLIAMENT MIGHT BE SAYING

OOTW: OH THANK YOU

OOTW: NOW IN THE PHOTO OF THE PRESS RELEASE FROM THE PARLIAMENT - (WHICH I'LL POST LATER)

OOTW: OFF TO THE RIGHT YOU CAN SEE A HEAVY SET MAN (LOWER HALF OF HIM ;) SITTING ON A COUCH

Satrib: and also saying paying in dollars avoids ppaying the fee to exchange dinars to dollars......well duh!!

OOTW: MIGHT BE SALEH, IDK

OOTW: EXACTLY SATRIB

OOTW: LOVE THIS ROOM  --  SMART COOKIES

OOTW: TY

Doug_W: like I said let them spend dollars

OOTW: SO NOW I'LL POST MY SYNOPSIS ON THE PRESS RELEASE FROM THE PARLIAMENT AND WILL MOVE ONTO OTHER INTERESTING NEWS

OOTW: DOUG :)

Satrib: de-dollarize like they keep talking about and none of this will matter

fastdriver: A country can not use two forms of currency if it wants to enter the international stage

OOTW: CHALABI IS SAYING THAT THEY HAVE TO GET CONTROL OF PRIVATE BANKS ACCOUNTING PRACTICES WHICH HAVE ALLOWED THEM TO MANIPULATE THE VALUE OF THE SALE PRICE OF THE DOLLAR CHALABI GOES ON TO IMPLY,

THAT THEY NEED TO ESTABLISH PROCEDURES FOR ACCOUNTING PRACTICES A NEED TO EXAMINE THE BANKING LAW AND IT'S REGULATIONS FOR EXCHANGING MONEY AND MONETARY POLICY.

OOTW: AND KEYWORDS ANSWERED THE FINANCE COMMITTEE'S QUESTIONS AND PROVIDED REPORTS TO THE COMMITTEE FOR EXAMINATION –

HE COOPERATED FULLY DURING THE INQUIRY AND KEYWORDS AGREED THAT HE WILL COOPERATE FULLY WITH THE FINANCE COMMITTEE.

OOTW: THEY AGREED UPON ENACTING BETTER CONTROLS TO REDUCE CORRUPTION IN THE BANKS, PERFORMING BANKING TRANSACTION AS WELL AS TO DEAL WITH THOSE PRACTICING CORRUPTION IN THE BANKING SYSTEM WHO ARE LAUNDERING MONEY –

THEY MUST DO THIS BECAUSE IT'S EFFECTING THE LIVES OF THE PEOPLE.

OOTW: CHALABI URGED HAITHAM AL-JUBOURI TO TAKE ACTION TO ASSURE THAT THE PRIVATE BANKS CHANGE THEIR COVERT ACTIONS WHICH LEAD TO THE DETERIORATION OF THE VALUE OF THE DINAR AND CORRUPTION/MONEY LAUNDERING.

THEY CONCLUDED THE MEETING CHALABI THANKED EVERYONE FOR THEIR FULL COOPERATION IN IMPLEMENTING REGULATIONS TO ADDRESS THESE ISSUES AND SAID WE WILL TRY THESE OUT AND SEE HOW THE PEOPLE FEEL ABOUT THESE RECOMMENDATIONS TO CORRECT THE SITUATION –

WE WILL MONITOR IF THESE RECOMMENDATION ARE WORKING, AND WHAT PUBLIC OPINION IS ABOUT THESE PROCEDURES AND WILL THEN DEERMINE IF WE NEED TO HOLD ANOTHER SESSION AS THEY DID TODAY, HOSTING BANKING OFFICIALS, IN ORDER TO DISCUSS THIS.

.SO THEY'RE GOING TO KEEP AN EYE ON THESE PROCEDURES AND GET TOGETHER AGAIN IF THEY'RE NOT WORKING OR NEED AMENDING. AND THIS PARAGRAPH ALSO STATES KEYWORDS WAS IN AGREEMENT WITH THESE CONDITIONS.

Satrib: lol....."keywords" will agree to almost anything at this point

OOTW: AGREED SATRIB LOL PUN INTENDED

fastdriver: Who is "

Satrib: yep

fastdriver: keywords

Satrib: Alaq

KJWayne: keywords = CBI govenor

sczin11: ‹@fastdriver› ACTING GOVERNOR OF THE CBI

sczin11: ALI ALAAQ OR AKA MOSHIN ISMAIL

OOTW: SO I JUST FIND THE SUBTLETIES OF THE SENTENCES ABOUT THE DOLLAR VERY INTERESTING, BUT WE NEED MORE CONFIRMATION ON THIS "THEORY"

fastdriver: ok tx I know who Alaq is

OOTW: OR LANGUAGE
OOTW: AND THEN WE HAVE THIS GREAT NEWS – TY WINNERDINAR Tomorrow .. hold an economic seminar to launch a national loan project 22/06/2015 17:50  Baghdad scales News Association of Banks held an economic seminar on Tuesday in the presence of Governor of the Central Bank on the Keywords to launch a national loan project. 

He said Nabil al-Najjar official of Media Association of Banks in a statement received / scales News / copy of it, he was "an economic seminar will be held on Tuesday half past eight o'clock in the evening after breakfast in the Mansour Melia hotel hall Cordoba in the presence of Governor of the Central Bank 

and a number of deputies and officials in the government and private banks ". He added, "It will be the start of the national loan project during the seminar" .anthy / 29 / d 24  

chattels: Ali Mohsin Ismail al - Allaq

chattels: and don't you forget any part of his name :)

Abraham: ‹@OOTW› amazing how Keywords is Govenor of CBI with lack of that simple beats me

chattels: read every word :)

Satrib: ‹@chattels› hush up now!

Abraham: Simple knowledge*

OOTW: AGREED ABRAHAM - PERHAPS HE REALIZES HIS LACK OF EXPERIENCE AND SO WANTS TO PLAY BALL AND BE AT LEAST A BIT SUBMISSIVE TO THE REQUESTS OF THE GOVT?

Satrib: when all else fails, form another committee and study it some more....these peeps are going to be at this forever!

MichelleL: count there be some manipulation to time whatever is happening here to "get lost" during the debacle of the greek situation?

OOTW: IT'S GREAT THAT WE HAVE THE AGREEMENT WITH THE OIC OGRANIZATION OF ISLAMIC COMMITTEE/COMMISSION - THIS HAS BEEN PASSED BY THE HOR, 

NOT IN THE GAZETTE YET, BUT STILL GREAT BECAUSE THIS ORGANIZATION WORKS WITH HUMANITARIAN ISSUES AND ECONOMIC DEVELOPMENT

MichelleL: could

sczin11: WTO REQUIRES A UNIQUE CURRENCY....FOR FULL ASCENSION ... THE NEW IRAQI DINAR MUST BE INTERNATIONALLY TRADEABLE AND RECOGNIZED,,,LISTED ON THE FOREX!

OOTW: I BRING THIS UP BECAUSE WITH THE LAUNCH OF THIS LOAN PROJECT WE'LL WANT TO SEE ISLAMIC BANKING PRACTICES IN PLACE

OOTW: AND THIS ORG WORKS WITH THE ARAB COMMISSION TO OVERSEE THIS

OOTW: ANOTHER ORG IRAQ IS NOW WORKING WITH

KJWayne: ‹@sczin11› and NOT an exotic currency

OOTW: WE ONLY HAVE ONE PASSED READING OF THE LAW OF ISLAMIC BANKING, BUT WE'RE GETTING THERE

OOTW: SO NOW ONTO THIS FROM SCZIN11

sczin11: ‹@KJWayne› ABSOLUTELY CORRECT

Abraham: ‹@OOTW› do you think Keywords was allowing this to happen to delay the RV?

OOTW: Abadi al-Jubouri and discuss the latest security developments and underline the importance of the adoption of legislation History of edits:: 2015/6/22 21:27 • 28 visits readable {Baghdad: Euphrates News} Search Prime Minister Haider al-Abadi with House Speaker Salim al-Jubouri, security, political and economic conditions faced by the country, and stressed the need for the adoption of legislation that have been approved within the government program.  

A statement by the prime minister and the agency {Euphrates News} received a copy of it on that "al-Abadi met today with President of the House of Representatives Saleem al-Jubouri, and discussed with him the security, 

political and economic conditions faced by the country's security for the Liberation of Ramadi, processes and Mosul, as well as important legislation and strengthen the positive relationship between the executive branches and the legislative. "  

"It was also stressed on the return of displaced persons to the liberated areas and reconstruction and the need to move the legislation agreed in the government program."  

He stressed Abadi, according to the statement that "Iraq is going through many challenges of political, security and economic It is essential that efforts unite to confront and cross," noting "the importance that the focus of the work of everyone and their rhetoric, bringing the country to safety and feels the citizen security and stability," .anthy

OOTW: THE GOVERNMENT IS SAYING THAT THE COM HAS REVIEWED LEGISLATION AND NOW YOU CAN GO AHEAD AND APPROVE THESE LAWS... 

I STILL HAVE NOT SEEN A CONFIRMATION AT THE PARLIAMENT SITE THAT THEY'RE HAVING A SESSION JULY 1. LATELY THEY'VE BEEN POSTING THESE ANNOUNCEMENTS FOR SESSION TIMES THE EVENING BEFORE OR EVEN THE SAME DAY.

SWSD: unreal! I think there's almost as many here as there are....there!  :grin:

sczin11: FOLKS LETS CHAT AFTER OOTW IS FINISHED...

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


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