Post From Wealthwatch.world Chat Room 8-11-15
Wealthwatch Afternoon Chat 8-11-15 Part 1 of 2
Tootsie: Kurds threaten to secede from the Iraqi defense system 11-08-2015 | 3:05:38 Tuesday 11-08-2015 | 3:05:38 M P-earlier meeting of the Government of Kurdistan and military leaders in the region .
Twilight News / Kurdistan Alliance threatened the Iraqi Council of Representatives, to secede from the Iraqi defense system in the absence of the prime minister Haider al-Abadi endorsement of the candidates for the presidency of the Iraqi staff. [font]
The prime minister Haider al-Abadi had referred, Army Chief of Staff Gen. Babacar Zebari, a Kurd to retire, but the latter said he made the request.[/font] He said coalition member Hakhuan Abdullah told a news conference that the Prime Minister Haider al-Abadi did not approve the names of the candidates so far been brought to the presidency of the Iraqi Army Staff.
~~~
Wealthwatch Afternoon Chat 8-11-15 Part 1 of 2
Tootsie: Kurds threaten to secede from the Iraqi defense system 11-08-2015 | 3:05:38 Tuesday 11-08-2015 | 3:05:38 M P-earlier meeting of the Government of Kurdistan and military leaders in the region .
Twilight News / Kurdistan Alliance threatened the Iraqi Council of Representatives, to secede from the Iraqi defense system in the absence of the prime minister Haider al-Abadi endorsement of the candidates for the presidency of the Iraqi staff. [font]
The prime minister Haider al-Abadi had referred, Army Chief of Staff Gen. Babacar Zebari, a Kurd to retire, but the latter said he made the request.[/font] He said coalition member Hakhuan Abdullah told a news conference that the Prime Minister Haider al-Abadi did not approve the names of the candidates so far been brought to the presidency of the Iraqi Army Staff.
~~~
He added that in the absence of ratification of the General Staff, which is the share of the Kurds, "we will announce that we are not part of the defense system." The Ministry of Defence after the decision on charging Deputy Chief of Army Staff Lieutenant General Administration Othman Ghanimi headed by Acting Chief of Army Staff. wealthwatch.world/showthr...
http://ift.tt/1HFZlpw
Tootsie: There was a large article out yesterday re: beware of some counterfeit 25K notes ~ not sure when they were discovered; however,
Tootsie: So, have a good afternoon all, and take care ~ “It is better to have less thunder in the mouth and more lightning in the hand.” ~ Native American Proverb Apache -
Tootsie: just received this ~ China devalues yuan in shocking move The People's Bank of China allowed the yuan to depreciate by nearly 2% against the U.S. dollar on Tuesday, the result of a surprise policy change that roiled international currency markets.
The sudden devaluation is the largest in two decades, and comes amid slower economic growth and increased stock market volatility in China The dramatic devaluation -- even if it is a one-time event -- is likely to draw intense criticism from some quarters.
The U.S. has long accused China of keeping its currency artificially low, instead of allowing it to move freely in foreign exchange markets.
A weak currency cheapens the price of a country's exports, making them more attractive to international buyers by undercutting competitors. If other nations in the region also decide to devalue their currency in response, it could leading to so-called competitive devaluation, also known as a currency war. more { if interested } http://ift.tt/1HFZlpy... LINK
Donnie: hhmmmm.... why would Iraq News carry a news story like this:
Donnie: Global reform experiments .. Czech model
Donnie: 08/11/2015 07:54 The reform experiment in the Czech Republic was characterized Pferadtha and quickly applied and reap the fruit, where shock method chosen then treat the negative effects of economic transformation, it has pursued a privatization program succeeded in the ownership of companies to citizens coupons system.
The shift its economy to a market economy, it has been the fastest in Europe , Czech experiment has succeeded "shift shock" with the effects of absorbing shocks socially.
It is well known that the Czech Republic one of the most important industrial regions in Europe, the beginning of the twentieth century, and between the two wars, the Czech Republic was one of the ten industrialized nations in the world , except that during the forty years under the central planning economy, the deterioration of the country's economic situation, and with the development of events in 1989, opened up in front of Czechoslovakia way back to a market economy, and the division of Czechoslovakia accelerated economic transformation process in the Republic of Czech.
Donnie: transformation process has to 0 a market economy in the Czech Republic on the five foundations of economic reform are: First, the liberalization of prices and foreign trade. Second: the unification of the national currency exchange rate. Third, privatization. Fourth, monetary and financial installation. Fifth: tax reform.
Donnie: Seems like a recipe for Iraq to follow or HAS BEEN following....
Donnie: read the rest of the article here: http://ift.tt/1HFZlpA...
http://ift.tt/1hw50tq
Donnie: Which of these 5 reforms have Iraq already completed?
Donnie: Which are not complete yet?
Donnie: The recent events over this past weekend may not be that surprising after all... You decide!
Donnie: Deputy PM Resigns, Faces Corruption Investigation
Donnie: August 11, 2015 in Politics, Security One of Iraq’s deputy prime ministers has stepped down, and is to be investigated for corruption, reports HuffPost. Baha al-Araji (pictured), deputy prime minister for energy affairs, resigned on Monday. On Tuesday, Prime Minister Haider al-Abadi’s anti-corruption reform bill, which includes the elimination of the three Deputy Prime Minister positions, was passed by parliament. (Source: HuffPost)
Donnie: www.iraq-businessnews.com...:’ LINK
BOBBY: Donnie.... news gets better and better Thanks for the posts
Doug_W: Who's on First
Donnie: ‹@Doug_W› Yes he is.
Doug_W: ty
Doug_W: I needed that
Donnie: ‹@BOBBY› did u read the article above on the Czech experiment?
BOBBY: Donne... yes i did, interesting read
Fit2beFit: Article 32 Issuance of currency 1. The CBI shall have the exclusive right to issue banknotes and coins intended for circulation in Iraq. Banknotes issued under this Article shall be a first charge on the assets of the CBI.
The CBI shall make appropriate arrangements for the issue of its banknotes and coins as required for circulation in Iraq.
Banknotes and coins issued by the CBI and intended for circulation in Iraq are not promissory notes, bills of exchange, or any other type of commercial document under the applicable commercial law, and the CBI is obligated to honor them only as provided for in this Law.
Fit2beFit: -------3. For the purpose of this Article, a banknote or coin issued in violation of Article 32(1), or any other instrument or token intended for circulation in Iraq as money other than as authorized by this section, is to be treated as counterfeit money or token for value.
Fit2beFit: http://ift.tt/1Np7JPg; LINK
BOBBY: Fit2beFit....... what is your take on that?
Fit2beFit: I got it from a trading currency attorney who sent me that
Fit2beFit: in violation of Article 32(1), or any other instrument or token intended for circulation in Iraq as money other than as authorized by this section, is to be treated as counterfeit money or token for value.
Fit2beFit: intended for circulation in Iraq.....Article 61 Forfeiture 3. For the purpose of this Article, a banknote or coin issued in violation of Article 32(1), or any other instrument or token intended for circulation in Iraq as money other than as authorized by this section, is to be treated as counterfeit money or token for value.
[BOBBY: Fit2beFit.?..... so are you saying Iraq currency held in the U S is null and void?
Fit2beFit: I have no clue its just mindboggling
Fit2beFit: come cash out time or rv, what could iraq state or do for over here, well the law, that a fact, says no
BOBBY: Fit2beFit.. it is...... this is an important topic
NRICHARDS: Fox News: China is devaluing their currency.. good for them Bad for us..
Fit2beFit: well so many have tried to ignore it and argue it, when the iraq govt doc says otherwise
RVPlease: Fit2b2fit.... SO... Just go to Baghdad and Cash IN... whats the BIG DEAL...
RVPlease: HECK... you dont even have to that... There is an Iraqi Bank... In Detroit... RIGHT NOW
BOBBY: Rvplease.... really. .. would you have the name?
RVPlease: No... But i have driven by it.... its on 8 Mile Road....
Fit2beFit: ‹@RVPlease› for circulation in Iraq
Fit2beFit: in Iraq
RVPlease: there are THousands of Muslims in Detroit...
BOBBY: Rvplease..... ty
Fit2beFit: ‹@RVPlease› PLEASE I BEG YOU if you can see what you can find out about this
Dianne777: ‹@Fit2beFit› so you think we need to invest in wall paper paste?
RVPlease: Dont worry.... your dinar is as good here...as it is over there.... that attorney needs a new line of work... maybe as a Used Car Salesman....
BOBBY: RVPlease.... how are things in your neck of the woods?
Fit2beFit: ‹@RVPlease› Thanks I hope your right, if not, whats your name, address, ssn, blood type
RVPlease: Its Called the REPUBLIC of IRaq Bank... detroit Michigan.... they have locations all over Detroit....
RVPlease: BBL... maybe
BOBBY: Guess there gonna be getting some calls lol
Fit2beFit: ‹@RVPlease› Give them a call or stop by and ask them
nobody: I got a muslum grocery store over here, maybe they take dinar :ermm:
nobody: I should try, might be funny
BOBBY: lol
lonegunman: im in dearborn mi none of the iraqi or arab stores take dinar. they just laugh
Fit2beFit: ‹@lonegunman› HAVE you ever asked them about it
lonegunman: yep have a few iraqi friends
Fit2beFit: and
lonegunman: they are very quiet and negitive adout it
lonegunman: except 1 he goes back and forth every 3 months he is positive
lonegunman: he feels once iran is pushed back things will progress
lonegunman: they ALL feel iran has to much control
BOBBY: there making progress.. still have a ways to go
lonegunman: and to give my 2 cents about us having the right to own dinar i bought 98 % of mine at 5/3 bank no way they would or could sell it if it was illegal
lonegunman: bobby. closer than we were months ago
lonegunman: back to work catch ya all later
BOBBY: Lonegunman....... agreed.... i also agree with your friends about Iran
EdoBini: l don't know why people have to create some thing to worry about.
Fit2beFit: ‹@EdoBini› Its is real and stated, it is a good question
disciple7: ‹@Fit2beFit› I don't understand how currency could be illegal?
Fit2beFit: ‹@disciple7› Its not, when its a LIVE INTERNATIONAL CURRENCY...LIVE
disciple7: so your saying everyone holding has illegal currency?
Fit2beFit: YOU GOTTA READ IT IT
http://ift.tt/1HFZlpw
Tootsie: There was a large article out yesterday re: beware of some counterfeit 25K notes ~ not sure when they were discovered; however,
Tootsie: So, have a good afternoon all, and take care ~ “It is better to have less thunder in the mouth and more lightning in the hand.” ~ Native American Proverb Apache -
Tootsie: just received this ~ China devalues yuan in shocking move The People's Bank of China allowed the yuan to depreciate by nearly 2% against the U.S. dollar on Tuesday, the result of a surprise policy change that roiled international currency markets.
The sudden devaluation is the largest in two decades, and comes amid slower economic growth and increased stock market volatility in China The dramatic devaluation -- even if it is a one-time event -- is likely to draw intense criticism from some quarters.
The U.S. has long accused China of keeping its currency artificially low, instead of allowing it to move freely in foreign exchange markets.
A weak currency cheapens the price of a country's exports, making them more attractive to international buyers by undercutting competitors. If other nations in the region also decide to devalue their currency in response, it could leading to so-called competitive devaluation, also known as a currency war. more { if interested } http://ift.tt/1HFZlpy... LINK
Donnie: hhmmmm.... why would Iraq News carry a news story like this:
Donnie: Global reform experiments .. Czech model
Donnie: 08/11/2015 07:54 The reform experiment in the Czech Republic was characterized Pferadtha and quickly applied and reap the fruit, where shock method chosen then treat the negative effects of economic transformation, it has pursued a privatization program succeeded in the ownership of companies to citizens coupons system.
The shift its economy to a market economy, it has been the fastest in Europe , Czech experiment has succeeded "shift shock" with the effects of absorbing shocks socially.
It is well known that the Czech Republic one of the most important industrial regions in Europe, the beginning of the twentieth century, and between the two wars, the Czech Republic was one of the ten industrialized nations in the world , except that during the forty years under the central planning economy, the deterioration of the country's economic situation, and with the development of events in 1989, opened up in front of Czechoslovakia way back to a market economy, and the division of Czechoslovakia accelerated economic transformation process in the Republic of Czech.
Donnie: transformation process has to 0 a market economy in the Czech Republic on the five foundations of economic reform are: First, the liberalization of prices and foreign trade. Second: the unification of the national currency exchange rate. Third, privatization. Fourth, monetary and financial installation. Fifth: tax reform.
Donnie: Seems like a recipe for Iraq to follow or HAS BEEN following....
Donnie: read the rest of the article here: http://ift.tt/1HFZlpA...
http://ift.tt/1hw50tq
Donnie: Which of these 5 reforms have Iraq already completed?
Donnie: Which are not complete yet?
Donnie: The recent events over this past weekend may not be that surprising after all... You decide!
Donnie: Deputy PM Resigns, Faces Corruption Investigation
Donnie: August 11, 2015 in Politics, Security One of Iraq’s deputy prime ministers has stepped down, and is to be investigated for corruption, reports HuffPost. Baha al-Araji (pictured), deputy prime minister for energy affairs, resigned on Monday. On Tuesday, Prime Minister Haider al-Abadi’s anti-corruption reform bill, which includes the elimination of the three Deputy Prime Minister positions, was passed by parliament. (Source: HuffPost)
Donnie: www.iraq-businessnews.com...:’ LINK
BOBBY: Donnie.... news gets better and better Thanks for the posts
Doug_W: Who's on First
Donnie: ‹@Doug_W› Yes he is.
Doug_W: ty
Doug_W: I needed that
Donnie: ‹@BOBBY› did u read the article above on the Czech experiment?
BOBBY: Donne... yes i did, interesting read
Fit2beFit: Article 32 Issuance of currency 1. The CBI shall have the exclusive right to issue banknotes and coins intended for circulation in Iraq. Banknotes issued under this Article shall be a first charge on the assets of the CBI.
The CBI shall make appropriate arrangements for the issue of its banknotes and coins as required for circulation in Iraq.
Banknotes and coins issued by the CBI and intended for circulation in Iraq are not promissory notes, bills of exchange, or any other type of commercial document under the applicable commercial law, and the CBI is obligated to honor them only as provided for in this Law.
Fit2beFit: -------3. For the purpose of this Article, a banknote or coin issued in violation of Article 32(1), or any other instrument or token intended for circulation in Iraq as money other than as authorized by this section, is to be treated as counterfeit money or token for value.
Fit2beFit: http://ift.tt/1Np7JPg; LINK
BOBBY: Fit2beFit....... what is your take on that?
Fit2beFit: I got it from a trading currency attorney who sent me that
Fit2beFit: in violation of Article 32(1), or any other instrument or token intended for circulation in Iraq as money other than as authorized by this section, is to be treated as counterfeit money or token for value.
Fit2beFit: intended for circulation in Iraq.....Article 61 Forfeiture 3. For the purpose of this Article, a banknote or coin issued in violation of Article 32(1), or any other instrument or token intended for circulation in Iraq as money other than as authorized by this section, is to be treated as counterfeit money or token for value.
[BOBBY: Fit2beFit.?..... so are you saying Iraq currency held in the U S is null and void?
Fit2beFit: I have no clue its just mindboggling
Fit2beFit: come cash out time or rv, what could iraq state or do for over here, well the law, that a fact, says no
BOBBY: Fit2beFit.. it is...... this is an important topic
NRICHARDS: Fox News: China is devaluing their currency.. good for them Bad for us..
Fit2beFit: well so many have tried to ignore it and argue it, when the iraq govt doc says otherwise
RVPlease: Fit2b2fit.... SO... Just go to Baghdad and Cash IN... whats the BIG DEAL...
RVPlease: HECK... you dont even have to that... There is an Iraqi Bank... In Detroit... RIGHT NOW
BOBBY: Rvplease.... really. .. would you have the name?
RVPlease: No... But i have driven by it.... its on 8 Mile Road....
Fit2beFit: ‹@RVPlease› for circulation in Iraq
Fit2beFit: in Iraq
RVPlease: there are THousands of Muslims in Detroit...
BOBBY: Rvplease..... ty
Fit2beFit: ‹@RVPlease› PLEASE I BEG YOU if you can see what you can find out about this
Dianne777: ‹@Fit2beFit› so you think we need to invest in wall paper paste?
RVPlease: Dont worry.... your dinar is as good here...as it is over there.... that attorney needs a new line of work... maybe as a Used Car Salesman....
BOBBY: RVPlease.... how are things in your neck of the woods?
Fit2beFit: ‹@RVPlease› Thanks I hope your right, if not, whats your name, address, ssn, blood type
RVPlease: Its Called the REPUBLIC of IRaq Bank... detroit Michigan.... they have locations all over Detroit....
RVPlease: BBL... maybe
BOBBY: Guess there gonna be getting some calls lol
Fit2beFit: ‹@RVPlease› Give them a call or stop by and ask them
nobody: I got a muslum grocery store over here, maybe they take dinar :ermm:
nobody: I should try, might be funny
BOBBY: lol
lonegunman: im in dearborn mi none of the iraqi or arab stores take dinar. they just laugh
Fit2beFit: ‹@lonegunman› HAVE you ever asked them about it
lonegunman: yep have a few iraqi friends
Fit2beFit: and
lonegunman: they are very quiet and negitive adout it
lonegunman: except 1 he goes back and forth every 3 months he is positive
lonegunman: he feels once iran is pushed back things will progress
lonegunman: they ALL feel iran has to much control
BOBBY: there making progress.. still have a ways to go
lonegunman: and to give my 2 cents about us having the right to own dinar i bought 98 % of mine at 5/3 bank no way they would or could sell it if it was illegal
lonegunman: bobby. closer than we were months ago
lonegunman: back to work catch ya all later
BOBBY: Lonegunman....... agreed.... i also agree with your friends about Iran
EdoBini: l don't know why people have to create some thing to worry about.
Fit2beFit: ‹@EdoBini› Its is real and stated, it is a good question
disciple7: ‹@Fit2beFit› I don't understand how currency could be illegal?
Fit2beFit: ‹@disciple7› Its not, when its a LIVE INTERNATIONAL CURRENCY...LIVE
disciple7: so your saying everyone holding has illegal currency?
Fit2beFit: YOU GOTTA READ IT IT
Fit2beFit: Article 32 Issuance of currency 1. The CBI shall have the exclusive right to issue banknotes and coins intended for circulation in Iraq. Banknotes issued under this Article shall be a first charge on the assets of the CBI.
The CBI shall make appropriate arrangements for the issue of its banknotes and coins as required for circulation in Iraq. Banknotes and coins issued by the CBI and intended for circulation in Iraq are not promissory notes, bills of exchange, or any other type of commercial document under the applicable commercial law, and the CBI is obligated to honor them only as provided for in this Law.
3. For the purpose of this Article, a banknote or coin issued in violation of Article 32(1), or any other instrument or token intended for circulation in Iraq as money other than as authorized by this section, is to be treated as counterfeit money or token for value.
Fit2beFit: Its weird, how it states so, yet banks sold it, etc etc
Fit2beFit: Its obvious the law wasnt followed and it was allowed, its come time it turns live, what they state and do
Fit2beFit: ‹@disciple7› http://ift.tt/1HFZlpF;LINK
disciple7: what does article 32 say?
Fit2beFit: Article 32, #1, Article 61, #3,
Fit2beFit: ‹@disciple7› Article 32, #1 specifically states that currency is issued for circulation in Iraq. Then in Article 61, #3 is states that any currency that is in violation of Article 32 will be treated as counterfeit and seized. Article 32 Issuance of currency
1. The CBI shall have the exclusive right to issue banknotes and coins intended for circulation in Iraq. Intended for circulation in Iraq MEANS it's intended for circulation in Iraq ONLY. Not for export or to be sold out of the country. Couple that with #3 in Article 61 Forfeiture
3. For the purpose of this Article, a banknote or coin issued in violation of Article 32(1), or any other instrument or token intended for circulation in Iraq as money other than as authorized by this section, is to be treated as counterfeit money or token for value.
disciple7: hmmm.. that's interesting..
Fit2beFit: tell me about it
Fit2beFit: fishy, interesting, curious
disciple7: where did this article come from?
Fit2beFit: its not an article its iraq govt document
Fit2beFit: CPA/ORD/1 March 2004/56 COALITION PROVISIONAL AUTHORITY ORDER NUMBER 56 CENTRAL BANK LAW http://ift.tt/1Np7JPg; LINK
Comments may be made at the end of Part 2 Thank You
The CBI shall make appropriate arrangements for the issue of its banknotes and coins as required for circulation in Iraq. Banknotes and coins issued by the CBI and intended for circulation in Iraq are not promissory notes, bills of exchange, or any other type of commercial document under the applicable commercial law, and the CBI is obligated to honor them only as provided for in this Law.
3. For the purpose of this Article, a banknote or coin issued in violation of Article 32(1), or any other instrument or token intended for circulation in Iraq as money other than as authorized by this section, is to be treated as counterfeit money or token for value.
Fit2beFit: Its weird, how it states so, yet banks sold it, etc etc
Fit2beFit: Its obvious the law wasnt followed and it was allowed, its come time it turns live, what they state and do
Fit2beFit: ‹@disciple7› http://ift.tt/1HFZlpF;LINK
disciple7: what does article 32 say?
Fit2beFit: Article 32, #1, Article 61, #3,
Fit2beFit: ‹@disciple7› Article 32, #1 specifically states that currency is issued for circulation in Iraq. Then in Article 61, #3 is states that any currency that is in violation of Article 32 will be treated as counterfeit and seized. Article 32 Issuance of currency
1. The CBI shall have the exclusive right to issue banknotes and coins intended for circulation in Iraq. Intended for circulation in Iraq MEANS it's intended for circulation in Iraq ONLY. Not for export or to be sold out of the country. Couple that with #3 in Article 61 Forfeiture
3. For the purpose of this Article, a banknote or coin issued in violation of Article 32(1), or any other instrument or token intended for circulation in Iraq as money other than as authorized by this section, is to be treated as counterfeit money or token for value.
disciple7: hmmm.. that's interesting..
Fit2beFit: tell me about it
Fit2beFit: fishy, interesting, curious
disciple7: where did this article come from?
Fit2beFit: its not an article its iraq govt document
Fit2beFit: CPA/ORD/1 March 2004/56 COALITION PROVISIONAL AUTHORITY ORDER NUMBER 56 CENTRAL BANK LAW http://ift.tt/1Np7JPg; LINK
Comments may be made at the end of Part 2 Thank You
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