Millionday Roundtable 7-1-15

Millionday Roundtable 7/1/15

Welcome to dinarupdates.com for Roundtable with Millionday!!

Millionday: Finance Minister Hoshyar Zebari, Wednesday, that the government will take a series of reform measures of the economy in the number of facilities to avoid wastage and the rationalization of expenditure.

Millionday: NOTE -- REFORMS OF FINANCIAL EXPENDITURES --

Millionday: According to a statement of financial received "eye Iraq News," a copy of it, that "Zebari met today with a delegation from the Central Bank and the Iraq Programme Director Robert existence and the World Bank team of experts and specialists in the economy and implementation of development programs to provide a loan to Iraq for humanitarian and development aid proposed."

Millionday: NOTE --- ECONOMIC REFORMS -- CBI-WORLD BANK--SPECIALISTS-ETC ALL FOR IMPLEMENTATION OF DEVELOPMENT-----WHOOOOPOW
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Millionday: WOW>>>The statement added that "it is due to World Bank is providing a loan of $ 1.7 billion, of which US $ billion as financing development policy loan ( DPL ) and $ 350 million for reconstruction and stability to the liberated areas of Daash and $ 350 million for the project through Umm Qasr - Basra " .anthy. 6

Millionday: NOT A LOT AT ALL -- NOW REMEMBER THAT THE IMF IS WAITING FOR A LIST OR MAY HAVE RECEIVED THE LIST OF EXPENDITURES BUT IS LOANING AS WELL

.VIP.JARHEAD: r these loans part of the 833 mill or bill that was discussed a few weeks ago

Millionday: NO THIS IS WORLD BANK -- THAT WAS THE IMF AMOUNT

Millionday: THE WORLD BANK WILL ONLY HELP IN AREAS THAT ARE SAFE AND NOT FULL OF TERRORISTIC ATTACKS

Millionday: AND THE ASIAN BANK MADE AN ANNOUNCEMENT AS WELL BUT

Millionday: IF WE LOOK AT WHO IS THERE IN THIS REPORT --- THESE ARE EXPERTS IN THE USE OF THE MONEY -- SO WE SHOULD BE SEEING ACTION

Millionday: REMEMBER CBI STATED THEY HAD THE MONEY READY AS WELL

Millionday: WHOOOPOW

Millionday: Council of Ministers approved a draft anti-money laundering law, and the financing of terrorism, which is of great importance for his role in drying the sources of terrorism, and to respond to international trends in this area} .ozkr cabinet statement received »Sabah» copy of it yesterday,

the council held its regular headed by Prime Minister Haider al-Abadi, and agreed to grant allowances to employees of the federal police at their participation in combat missions if you have the allocations} He stressed also the Council to proceed with the completion of the field survey covered social protection; to ensure accurate data base.

Millionday: MINISTERS APPROVED THE FINANCIAL PROTECTION LAWS

Millionday: TODAY IS FIRST DAY OF PARLIAMENT SESSION

slh5282: WHAT ABOUT THE BALANCE OF THE OUTSTANDING LAWS ANY IDEAS?

slh5282: LIKE THE INVESTMENT LAWS, THAT IS A BIGGY!!

Millionday: THE IMPORTANT LAWS THAT COULD NOT BE AGREED ON ARE BEING PASSED THROUGH BY EXECUTIVE ORDER (THREE PRESIDENTS) ACCORDING TO REPORTS AND PARLIAMENT IS WORKING ON THE REST THIS WEEK

Millionday: THE INVESTMENT LAWS WERE AGREED ON SO PARLIAMENT IS EXPECTED ACCORDING TO REPORTS TO FINISH THEM TO LAW

Millionday: THE AMENDMENTS THAT WERE DONE WERE TO ATTRACT AS MANY INVESTORS AS THEY COULD

slh5282: DOES THAT MEAN MALIKI HAS A VOTE?

Millionday: I DONT KNOW IF MALIKI HAS A VOTE --- BUT NOT WITH THE THREE PRESIDENTS -- HE IS A VICE

Millionday: President of the Republic and Parliament stressed the need to respect the Constitution and the application document the political agreement, amid confirmation of the requirements of the current phase of high coordination to face challenges that require the international coalition to intensify its contributions to the security forces training process , with the strengthening of the country with all the required legislation.

Millionday: NOTE -- THEY HAVE MADE THESE AGREEMENTS LAW AND ALSO THE CONSTITUTION ALLOWS A MARKET ECONOMY --- WHOOPOW

Millionday: NOTE --- THE INTERNATIONAL COALITION IS TRAINING AND NOT JUST THE US OF A

Millionday: House Speaker Saleem al-Jubouri, discussed during his meeting with President of the Republic Dr. Fuad Masum, the need to respect the Constitution and the application document the political agreement.

A statement from his office received the "morning": "The meeting discussed an expanded political and security reality and file of displaced persons and the importance of obligation to return them to their areas liberated. "

The two sides stressed the need to respect the constitution and political agreements, application and document the political agreement in furtherance of the principle of national partnership, arguing that "the current stage requires more effort and coordination high among all parties to meet the challenges."

Millionday: NOTE -- REMEMBER THIS WEEK IS THE MEETING OF THE THREE PRESIDENTS TO ENSURE WHAT IS HANDLED BY EACH

Millionday: Furthermore, in a meeting with Lendl Sachs Australia's ambassador to Iraq, al-Jubouri, the price of the Australian role in the international coalition in addition to its contribution to actors in the security forces training process, inviting them to a similar role for tribal members,

especially with the growing number of volunteers in the province Anbar.kma called House Speaker Australia to contribute actively in support and relief to the displaced and reconstruction of liberated areas all that would create a suitable ground for the return of Nazhaha.

Millionday: NOTE -- THIS IS ASKING FOR DIFFERENT MILITARY -- IN THIS CASE AUSTRALIA FOR INPUT ON CLEARING TERRORISTS OUT SO DISPLACED CAN COME HOME AND ALL OTHER LOGICAL REASONS --

Millionday: NOTE -- UNDERSTAND THIS PROMOTES THE REBUILD OF IRAQ AND ITS CONTRACTS/BIDS WITH INTERNATIONAL CONTRIBUTION

Millionday: For its part, Sachs stressed Australia's commitment to support and to support Iraq in its war against terrorism, noting that it prepared an integrated plans in this regard within the scope of their responsibilities as her country's second-largest shareholder in Alliance International.

In an interview Similarly, al-Jubouri collection Ambassador French to Iraq Marc Baretti, the two sides stressed the need for coordination to fight terrorism.

Millionday: The al-Jubouri said he regretted the terrorist incident which targeted a French towns, pointed out that Islam is incompatible with this criminal act, stressing the need to mobilize all international efforts to counter terrorism,

which is threatening the whole world, and strengthen cooperation with Iraq and the provision of support and backing his larger as a force facing the expansion of terrorism directly, noting that France an important and active role in this regard.

In turn, the ambassador expressed his country's keenness to support Iraq In its response to the forces of terrorism, particularly the Daash, praising the role of al-Jubouri in delivering mature and clear idea of the world about the threat of terrorist organizations in Iraq and the importance of control.

Millionday: NOTE --- HOMELAND SECURITY WILL BE WORLD WIDE IMO --- THE PROCESSES FOR SAFETY WILL BE CHANGED IN ALL AREAS

Millionday: The two sides also discussed the security and political situation and the important laws which the House of Representatives seeks to approval in the coming period.

In a related development, head of Council Basra House of Representatives as "the lifeblood of Iraq," adding that its people are the hope of the success of civil peace.

Jubouri said in a statement issued after a meeting with a delegation of clerics and scholars from the province of Basra and received "morning," a copy of it: "The Iraqis, today, about the difficult exam on civil peace application, and that the visual they hope in the success of it. "

Millionday: NOTE -- BASRA CITIZENS ARE HOPING FOR PEACE -- SOUNDS LIKE THEY ARE GETTING SOME WHERE ---- GREAT NEWS --

Millionday: He added that "Basra is the lifeblood of Iraq associated with his heart beating in Baghdad," noting that "valued her family are still fueling the hope of salvation Bmrabotthm and patience and Aroaihm her the blood of their children's projects."

He called al-Jubouri to "provide all forms of protection and support of Imams and Preachers," pointing out that "the House of Representatives will strengthen through the required legislation."

Millionday: GREAT REPORT -- SOUNDS LIKE ENCOURAGEMENT FOR IRAQ --

BookumDano: Do you have documentation that proves that the 3 presidencies have the power to override parliament, or and article that says they will use this power?

Millionday: BOOKUM -- IT IS IN NEWSTIME ON BOTH DAYS -- YESTERDAY AND THE DAY BEFORE HUN

DiagyAAAE: There are others in Dinarland that think they do not hold this Authority.... JS

Millionday: THERE ARE OTHERS THAT THINK THE PRESIDENT HAS NO EXECUTIVE POWERS?

BookumDano: Do you have links to the articles?

Millionday: YES I HAVE LINKS FOR EVERYTHING BUT I DONT HAVE THAT PULLED UP NOW

Millionday: ANY REPORT YOU WANT A LINK FOR JUST ASK WHEN I BRING IT AND IF I CAN PULL THAT FROM MY HISTORY AFTER RT I WILL FOR YA

Millionday: THIS WAS SENT TO ME FROM ONE OF OUR GREAT TEAM

Millionday: I DONT USE THIS SITE BUT LOVE THE REPORT SO WE ARE GOING TO LOOK AT IT

Millionday: YOU PROBABLY WILL UNDERSTAND JUST BY THE TITLE >>>RV is Essential to Finance the Budget   WHOOPOW

Millionday: DATED TODAY -- JULY 1ST     A seminar held to discuss the progress of the development policies and it was attended by the Governor of Iraqi Central Bank, large number of economists, officials, businessmen, academics and institutions. 

They discussed the reasons behind the recent crisis, low value of Iraqi dinar against the U.S dollar and its effects on the economy of Iraq. 

Mehdi Al Hafez said that the prices are stabilizing in the country, the Iraqi Central Bank has taken some major and important measures that limited the provocation of these crisis, so the Iraqi dinar returning to its previous position. 

The Iraqi Central Bank is also focusing on executing development projects with a handsome support of billion dollars in the form of loans for small and medium size projects.

Millionday: NOTE -- IF IT WALKS LIKE A DUCK --- IT MAKES LOGICAL SENSE    LOL

Millionday: so the Iraqi dinar returning to its previous position.

Millionday: so the Iraqi dinar returning to its previous position.

Millionday: so the Iraqi dinar returning to its previous position.

Millionday: so the Iraqi dinar returning to its previous position.

Millionday: WHOOOPOW   LOVE INK

Millionday: The Governor of the Iraqi Central Bank said that we are focusing on our monetary policy, especially the process of selling the U.S dollars which is most important for Central Bank and for other banks, although buying and selling of foreign currencies is not their business process, but it is related to Central Bank’s monetary policy and to achieve the economic stability for the country. 

He also added that a sale of U.S dollars contributes financing in the Iraqi commercial sector. It is also said that more than 70 percent of the U.S dollar sales used to cover the imports. 

He said that there is not any problem regarding shortage of U.S dollars but the lack of coordination and cooperation which resulted shortage in the local revenues and created problems to convert U.S dollars into Iraqi dinars, so the Iraqi Central Bank interested in selling more U.S dollars in its daily sales auction.

Millionday: WHOOOPOW

Millionday: NOTE -- THIS IS SAYING THAT THE SALE OF THE US DOLLAR IS NOT SOMETHING THAT CBI EXPECTS TO DO SO MUCH OF IN THE FUTURE BUT THIS IS HOW THEY ARE MAKING IT POSSIBLE TO APPLY THEIR MONETARY POLICY -- LOVE IT

fsaint7777: Just a ??? is that previous as in $3.22 or previous as in last year before auctions were messed with???

Millionday: IN THE 80`S IT WAS FSAINT ACCORDING TO THEIR RATE HISTORY

Millionday: SO TODAY STARTS THE NEW PARLIAMENT SESSION WE HAVE HEARD SO MUCH ABOUT TO RESOLVE SO MANY THINGS -- SMILE

Millionday: DONT MISS A MINUTE OF NEWS

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Bits and Pieces in Dinarland Late Wednesday Afternoon

Dinar Updates: 

[tman23]   Not only is Iraq in a monetary mess and seeking bailouts... Take note that Greece has an issue that carries over to the Euro and the condition of Europe as a whole...The world economies are defaulting......

The POINT IS...Japan and other such countries can not afford to continue to loan Iraq 1 billion dollars...

They can not afford to keep supporting war efforts at a cost of 10 million per day to the US and have no action on Iraq's part...

There was more then one reason for June being the "end of the road"... See the news!!

If IQD is what we speculate it to be... WE ARE IN A GOOD SPOT!
....

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TNT:

[LAS] Bruce on The Big Call: we are in a very good timeframe; things he can't discuss; timing close; great opportunity this week; hearing from some people who knows. That's it folks!

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GET:

Topic: Be sure you put your feet in the right place, then stand firm. Abraham Lincoln

melissahawkins] [MikeH] Any news regarding when we might see this?

[.MikeH] melissahawkins I wish I had good news for you all I can say is that things are moving in Iraq and they are getting a lot done from what I can find I am hopping that what they are doing will move the thing that we are waiting for

[.MikeH] they are working on a lot of very important laws today and in the next few days …I don't know if that is what we arewaiting on but if it is , then things are moving in a good way

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KTFA:

Walkingstick  » July 1st, 2015,

Parliamentary economy reveal the 50 thousand dinars coin put into the market this month

Economy and tenders Since 07/01/2015 18:10 pm (Baghdad time)

Special scales News
A commission of economy and investment representative, Wednesday, for the new currency launch of the 50 class thousand dinars to the Iraqi market during the current month.

He said committee member Najiba Najib's / scales News / "The central bank will present the new category of coin fifty thousand dinars to the Iraqi market during the current month after the completion of all their actions."

Najib added that "the other category of 100 000 dinars will go after the launch of the 50 category Alaracqa thousand dinars in the market for a while Alasthoudarat and procedures for that category is complete and make sure of their advantages and disadvantages."

This "revealed the Central Bank of Iraq, his request to wait for the issuance of class 100 000 dinars, noting that the issuance of 50 thousand dinars category of the local currency will be the end of this year" .anthy / 29 / d 24  LINK

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Thunderhawk  » July 1st, 2015,

With $21 Trillion, China’s Savers Are Set to Change the World

Few events will be as significant for the world in the next 15 years as China opening its capital borders, a shift that economists and regulators across the world are now starting to grapple with.

With China’s leadership aiming to scale back the role of investment in the domestic economy, the nation’s surfeit of savings -- deposits currently stand at $21 trillion -- will increasingly need to be deployed overseas. That’s also becoming easier, as Premier Li Keqiang relaxes capital-flow regulations.

The consequences ultimately could rival the transformation wrought by the Communist nation’s fusion with the global trading system, capped by its 2001 World Trade Organization entry. That stage saw goods made cheaper across the world, boosting the purchasing power of low-income families at the cost of hollowed-out industries.

Some changes are easy to envision: watch out for Mao Zedong’s visage on banknotes as the yuan makes its way into more corners of the globe. China’s giant banks will increasingly dot New York, London and Tokyo skylines, joining U.S., European and Japanese names. Property prices from California to Sydney to Southeast Asia already have seen the influence of Chinese buying.

Other shifts are tougher to gauge. International investors including pension funds, which have had limited entry to China to date, will pour in, clouding how big a net money exporter China will be. Deutsche Bank AG is among those foreseeing mass net outflows, which could go to fund large-scale infrastructure, or stoke asset prices by depressing long-term borrowing costs.
‘Historic Proportions’

“This era will be marked by China shifting from a large net importer of capital to one of the world’s largest exporters of capital,” Charles Li, chief executive officer of Hong Kong Exchanges & Clearing Ltd., the city’s stock market, wrote in a blog this month. Eventually, there will be “fund outflows of historic proportions, driven by China’s needs to deploy and diversify its national wealth to the global markets,” he wrote.

The continuing opening of China’s capital account will also promote the trading of commodities in yuan, and boost China’s ability to influence their prices, according to an analysis by Bloomberg Intelligence.
As was the case with China’s WTO entry, where many of the hurdles had been cleared in the years leading up to 2001, policy makers in Beijing have been easing restrictions on the currency, the flow of money and interest rates for years. What’s making 2015 notable is the International Monetary Fund’s once-in-five-year review of its basket of reserve currencies. China wants in, and is accelerating reforms to get there.

Offshore Centers
Recent steps to promote its currency have included setting up five offshore yuan centers, a new link between the Shanghai and Hong Kong stock exchanges and letting the tightly controlled yuan trade against the dollar in a wider band. It has promised to remove a cap on interest paid to savers.
“The integration of China –- the world’s second-largest economy with the highest saving rate but still a low per capita income -– into the global capital markets is an unprecedented event,” China International Capital Corp. economists led by Beijing-based Liang Hong wrote in a note this month.
There are already signs of that potential. Chinese buyers topped Canadians to rank as the biggest foreign purchasers of U.S. homes by sales and dollar volume in the year through March, accounting for more than a quarter of all international spending.

Moving Abroad
Lenders are speeding up their ambitions: Bank of Communications Co., China’s fifth-largest lender, is making its first overseas acquisition by buying a lender in Brazil, while China Construction Bank Corp. plans to open branches in Europe, Southeast Asia and Africa.
The global community is watching. U.S. Treasury Secretary Jacob L. Lew said after meetings this week between U.S. and Chinese officials that China is committed to pushing through necessary reforms to liberalize interest rates, open capital markets and open up more to foreign enterprises. The U.S. wants more access to the world’s second-biggest economy for its financial firms, something that’s been elusive since China’s WTO entry.

Few expect the yuan to soon threaten the dollar’s role as the global reserve currency, with a wave of domestic reforms needed first up to reassure international investors -- such as bolstering liquidity in the local bond market.
While U.S. policy makers are betting that a more open China will ease currency tensions between the two nations, any rapid depreciation in the yuan could trigger large-scale capital outflows, prompting intervention and new restrictions from China’s policy makers.
U.S. Friendly
“If they’re going to be gradually opening up to be like the U.S., then vast amounts of money are going to flow overseas,” said David Dollar, who served as U.S. Treasury attache in China and is now a senior fellow at the Brookings Institution in Washington. “I would speculate that it favors the U.S. over everything else.”

Other nations, from Argentina to South Korea, have suffered whiplash from volatile capital flows after they eased restrictions. While China is unlikely to tear down the barricades altogether, the opening of the nation’s capital borders will reverberate across the world.

“I don’t think you can find any significant economic system where deposits in the banking system are twice GDP,” said Nicholas Lardy, who has studied China for more than three decades and is a senior fellow at the Peterson Institute for International Economics. “That’s the potential.”

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KTFA Cont.......

jdtolle  » July 1st, 2015,   Choose the next step

Just because you’ve been disappointed once, or twice, or a hundred times, is no reason to give up. On the contrary, it is a reason to give more to the effort.

Just because you’ve been criticized is no reason to think that the whole world is against you. Actually, it is a valuable opportunity to improve.

Life can throw a lot of discouraging things your way. What’s really beautiful, though, is that you don’t have to be discouraged.

You have a choice, no matter what has happened, no matter where you’ve been or where you are. You can choose the next step, and you can choose to make it a positive one.

You can choose to make the next step the most effective, loving, meaningful thing you’ve ever done. Nothing outside you has the power to stop you from making this your best moment yet.

Throw off the disappointment, breeze cheerfully past the naysayers, and exercise your power to choose. The next step is yours to choose, and you can choose to make it great.

Ralph Marston   Wishing All a safe and blessed day   JDT

P.S. You cannot make yourself feel something you do not feel, but you can make yourself do right in spite of your feelings.-- Pearl S. Buck

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Emailed to Recaps:

Random thoughts as we age ..

The biggest lie I tell myself is: "I don't need to write that down, I'll remember it."

I don't need anger management. I need people to stop pissing me off!

Old age is coming at a really bad time!

Grant me the strength to accept the things I cannot change, the courage to change the things I can & the friends to post my bail when I finally snap !

My people skills are just fine. It's my tolerance to idiots that needs work.

If God wanted me to touch my toes, he would've put them on my knees.

The kids text me "plz" which is shorter than please. I text back "no" which is shorter than "yes."

I'm going to retire and live off of my savings. Not sure what I'll do that second week.

Even duct tape can't fix stupid but it can muffle the sound!

Why do I have to press one for English when you're just gonna transfer me to someone I can't understand anyway?

Of course I talk to myself, sometimes I need expert advice.

Oops! Did I roll my eyes out loud?

At my age "getting lucky" means walking into a room and remembering what I came in there for. 

Chocolate comes from cocoa which is a tree ... that makes it a plant which means ... chocolate is Salad !!! 

And, of course.. Have I sent this to you already... or did you send this to me?

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Wednesday News Summaries by Aggiedad77 at KTFA

aggiedad77 » July 1st, 2015,

Wednesday News Summaries and Commentaries

Keeping an even keel, the middle of a good week....for some reason Parliament decided even with a good show of members to lift its meeting to tomorrow....what gives with that....not enough on the agenda....need a higher powered law to vote upon....who knows....missed the Bethlehem star last night here, still too much smoke in the atmosphere, but the sun is trying valiantly to break through this morning....thanks for the photos last night TINK, may this light the way.....now for the rest of the news.

Association of Banks: legislation money laundering law will give the world the confidence of the Iraqi private banks

Here's hoping a new law...the Anti-Money Laundering Law will bring new hope and confidence to all banks within Iraq...but may it also bring confidence back to the citizens as well....and keep Iraq off the black list....may this bring guidance to the CBI, the judicial system and all of Iraq.
....

Baghdad Council announces the receipt of the first installment of its budget for 2015

The Baghdad Council reported receiving something less than 10% of its 2015 budget a figure of 680 billion dollars so will let you do the math on what more is supposedly to come.....I believe this is the second or third province to report getting 2015 budget monies but at a significantly reduced percentage....of course this will not be a huge impact on their needs with regards to project expectations for 2015.

Parliamentary Energy: accusations between Baghdad and Erbil stop legislation oil and gas law

Here comes the obvious....we still don't have an oil and gas law....largely due to issues that continue between Baghdad and Erbil.....so what else is new....the oil allegedly isn't flowing as freely from the Kurdistan in June....but we've also heard that it is just not through SOMO....the Kurds think they can again try and sell the oil on their own....let's see how far they get with that venture this time....put the law in place and quit kicking the can down the road.

Parliament held its first meeting under the chairmanship of al-Jubouri, and the presence of 220 deputies

Well maybe they got a little bit of inconsequential work out of the way and then decided.....let's hang it up until tomorrow...these laws will still be here on the table......maybe we can get one or two more added to the stack and have a full day of work voting on them, or at least looking at them and deciding how long we need to delay them down the road.

Abadi: We carried out most of the paragraphs of the government program

Apparently it is report card time again and PM Abadi is quick to point out that "most" of the things he pushed for in his campaign have been done.....or they have at least gotten some needed attention......yes we met with the Kurds.....yes we put an agreement on oil and gas into place back in December.....yes we have not gotten any further with that.....yes we still squabble over how much oil is being exported.....yes we want to agree, but can't help but disagree....on the bright side, we have been successful in our fight against DAASH, pushing them out of many cities and several provinces....meanwhile we stay committed to national reconciliation efforts, the economic reform, the stability of the IQD and of course security.

The government exempts manufacturers from the accumulated accrued interest on loans granted to them

Deputy PM Shaways' Economic Affairs committee has decided to exempt manufacturers from interest that accrues on loans at least for the near term....guess this will be addressed in the 2016 budget.

Parliamentary Economic: taxes imposed on citizens to improve the country's economy

We are from the government and we are here to tax you....this will benefit us more than it does you......so trust us....some believe that taxation will be a benefit to the economic recovery efforts.

Extractive wealth belongs to the Iraqi people with all its components

Oil and gas wealth....a blessing or a curse....well after a number of stalled years for the oil and gas law...maybe not exactly a blessing....or perhaps a blessing yet in disguise.....it is coming....it is almost here.....just wait for it....wait for it....first we had to line the pockets of Maliki and his government....now we can get serious in our talks with the Kurds to assure that everyone gets their share of the black gold pie here.....revenue transparency....oh come on admit it....anything but transparent....those lined pockets of Maliki.

Let's see what the rest of the day brings us....sit back and relax for a while and enjoy the day our God has provided.  Aloha        Randy

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The Big Call - Recording Link and Replay #'s for Tuesday Night 06-30-15

The Big Call - Recording Link and Replay #'s for Tuesday Night 06-30-15 RECORDING LINK Playback number: (559)726-1159 access code 123456#   88 Minutes The Big Call

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Mnt Goat Wednesday Update Post - "There is Progress"

(Thank you George for Emailing this to Dinar Recaps.)

UU6713 – "There is Progress"  by Mnt Goat

Grüße aus Bayern,

Today’s news is a continuing saga about the Iraq dinar revaluation. If you have not done so already please read my news letter from 6/27 (LINK) since this is yet more news on this topic.

I know I must sound like a broken record once again but I can assure you, until there is the needed physical security and political stability in Iraq there will be no currency revaluation.

I am therefore showing you the path to this process. We will know when we get there since the CBI will ultimately tell us once again they are beginning the project to delete the zeros. But first they must get the security situation under control and pass the needed laws that help in this process and  also for the healing that must take place from Reconciliation reforms (Erbil) something that was part of the Abadi platform for election.

I am providing a mid-week update. It is all good again and in our favor so relax.

Today’s News

Today is Wednesday July 1st and still no RV.  Does it really surprise you? Yes JUNE has come to an end already and still no RV. I find it funny how many “gurus” said this would never and could never reach June never mind July but once again they are wrong and spread this misinformation based on nothing of substance except their own rumtel ( rumor intel). No sound facts and very few articles, as real news from Iraq itself.

Many of you are determined to soak up this misinformation , Yes - you are so desperate for someone to feed you this garbage and so desperate to get your money. Many of you should be ashamed of yourselves in these attitudes. You make yourselves into victims and then when you get hurt you blame others that have only been trying to help. I say vent your anger at those perpetrating the crimes.

So Ramadan is now in progress. Oh wait a second! Wasn’t it supposed to RV prior to the beginning of this holiday? ….lol… Just so everyone know Ramadan continues to July 17th in Iraq and it will have little impact as to whether the RV happens or not.

So from all I know do not expect any RV in the coming weeks maybe even months. I will explain.

Two other events having little to no impact on the RV are the Iranian nuclear negotiations and the Greece bailout. I know these so called “gurus” are telling you otherwise. I am not hearing any news contrary to this statement. Why do I say this?

I am saying this because if Greece was truly a holdup then why would they have considered triggering the RV in the past? Greece has had multiple bailouts in the past- No? Yes? This Greece situation is nothing new. So you see now how silly this is since if you are aware of how these so called “gurus” pass on their misinformation they can’t even remember what they have told you in the past and contradict themselves over and over again. Only now they are out of any news to tell you so they have pick the Greece crisis to make their dinar RV intel headlines. 

The Iranian crisis is also the same rhetoric. This crisis too is nothing new. This may very well go on for many more months if not until the end of the Obama administration. I am beginning to believe it just may do that.

Right now Iran is saying that the terms of the June 30th date, as spelled out by the USA, is not correct and so this justified not abiding by them. This is of course similar to what Maliki would do in Iraq and displays the same tactics of the Iranian administration and other middle eastern dictatorships. The truth is only what they want to believe to meet their purpose. They have different intentions no matter what they negotiate. Iran is stalling. They will say and sign anything to stall for time until they can develop their nuclear warhead. This is their only target besides the Whitehouse after they have the bomb.

With the Iranian negotiations, was there not  a June 30th date (now July 7th) deadline and so these intel “gurus” have some date, any date to use to continue the sage with you and to string you along. You see they constantly need a date, any date. That is their tactics, this is their method of constantly stringing you along. So if they can fabricate from the air a believable date they do it. If they can pluck some legitimate date from the news media they do it. They then use the date  and  somehow roll into their RV news. This is called using an ounce of truth to justify a pound of lies. It’s the oldest con game ever and many of you fall for it on every call.

So what is now really happening in Iraq?
Last week we read an article telling us that parliament fully intended  to schedule a session today,  Wednesday, and vote on a “package” of 150 laws. I know they have said this before and may have to do it again but the main point here is they are attempting it once again and it is still their intentions. So this week we are hearing there were many objections to this way of handling the final voting on these laws. Speaker Jabouri then announced that there is a constitutional provision that may allow the three (3) presidents to implement any law deemed stalled over a period of time by parliament (as stated in the constitution) that is critical to the nation. He said he does not prefer to request the use of this provision but will if parliament does not move forward.

I can see how speaker of the house Jabouri was using this constitutional provision as a legal threat to light a fire under parliament to stop stalling on this group of laws. For us this shows the urgency. It also shows that all three presidents (Masuom, Jabouri and Abadi) are working together in this administration to move Iraq forward.

The Three Presidents
For those that do not follow Iraq politics on an ongoing basis, I will explain now briefly the term “three presidents” and what it means. I am doing this since you have asked me to clarify. This term applies mainly to the executive and legislative branches.

The Iraqi government is composed of the executive, judicial and legislative branches as well as many independent commissions from time to time.

Executive Branch:
Fuad Masum – is “the”  president and three vice presidents make up the executive branch;

Haider al Abadi – a president as prime minister for the council of ministers (30 members of his cabinet) along with three deputy prime ministers as also part of the executive branch. Ties into the legislative sector in that it writes needed laws and once passes the cabinet then are passed on to the legislative branch for finalization.

Legislative Branch:
Salim al-Jabouri - a president as head of the legislative branch of parliament (325 members of called Council of Representatives). Main legislative body.

Ayed Allawi – president of the Federated Council (or Council of Union) is part of the legislative branch. Filters out all laws as adopted by parliament and has the authority to either pass or reject those laws. 

Judicial Branch:
Madhat Al-Mahmood - Iraqi Chief  Justice of Supreme Court (9 judges on constitutional matters), Court of Cassation (5 vice presidents, 24 judges), Subordinate Courts (everyday dispute courts down to provincial level)

The ongoing term for the three presidents is only a term used by Iraq. The Arabic to English translation  designates the three key leaders of the sectors of government. The term president is used like the term leader.

Maliki Update
Many have  said the it is only mnt goat’s “opinion”  that former prime minister Maliki and his goons must be dealt with prior to any RV. Really? Folks if I am giving my opinion I will let you.

This situation with Maliki is not opinion. It is a matter of fact and is ongoing. It is required actions by the USA and by the needed reforms and healing for Iraq. It is required prior to any RV I can assure of this and stake any reputation on it. 

Maliki  is to be used as an EXAMPLE for the international community to see of what happens to dictators when justice is applied as they are accountable for their actions in the International Criminal Court (ICC). It will not be the first time a dictator or a leader of a country have been alleged of international crimes and justice bears down on them by the ICC.

I will, however, give the organization “Amnesty International” much credit for all the effort they have made in the area of concern in bringing justice in this matter of Maliki. I personally would consider donations to this group post-RV if you truly want to pay it forward.

President Bashar al-Assad you better be paying attention ….hint..hint…hint…they are coming for you too!

This all may seem like a slow legal process taking place but I can assure you that soon they will take Maliki into custody and it will make a huge news media splash. He knows too what is coming in the future. He is now restricted from leaving Iraq. His passports have been revoked. Many others too have been implicated and have already been arrested and taken into custody related to these crimes especially related to the Streicher massacre.

President Masum has asked Maliki to resign from his vice presidential position. They have given him until July 8th to accept or reject this proposal of resignation or they will oust him. The Dowa party has already been asked to find a replacement to fill this soon to be vacant position. Either way he will stand trial for his crimes of Genocide, Corruption and Treason. My OPINION is he will not be resigning by this offered deadline and will be forced out. If this happens I believe this is the time they will take him into custody.

It is my OPINION that the timing of the vindication of the former vice president Tariq al-Hashemi (under the former Maliki administration) will be such as to fill this vacant position. This to me will be justice come full circle…..lol……gotta luv it !

Some more drama to watch for -  As for me it will be rather enjoyable watching this all play out ......lol….
I have said in the past when dealing with Maliki, this will be my time to celebrate and open that bottle of champagne!   

Other Clarifications
So it has been many weeks already since the MASTERCARD implementation has taken place for Iraq. Many are using the cards abroad for spending but still NO RV. Really?  Are you surprised? Geee no RV?

I have told you there would be NO IMPACT on the RV. Do you believe me now? What other situations and events have I talked about to “debunk” this misinformation and tell you the truth only for us to see it all play out the way I have told it? I will try to continue to do this for YOUR benefit. I am here to help YOU understand this saga.  This is the purpose of the mnt goat news letters.

Just as I am telling you now the Greece situation has NO IMPACT. However the  Iranian nuclear situation could and most probably could impact negotiations to rid Iraq of Iranian Kud forces and terrorist activities incited by Iran. If I were in Obama’s shoes I surly would include this as a bargaining chip.

I am also now hearing that August 6th is a stated deadline to complete the rollover of all decentralization efforts down to the provinces. What does this mean to Iraq?

It is just a date for Iraq to target. I am not using this in any way to say an RV will happen by Aug 6th so back off, relax on these insane thoughts.

It is my OPINION they intend to try to adhere to this deadline. As usual already there is grumblings that it can not be completed since the laws are not fully in place to legally allow it to happen, one example is the National Guard and Amnesty laws.

Can you see now why speaker Jubouri is pushing to vote on this “basket” of 150 needed laws?

What does this mean to us for the RV?
It means lots since we know that Iraq must fully implement its constitution before any RV. I have told you this many times already in previous news letters. So if they pull this off it is one more notch (a huge milestone) to completing the needed requirements for resolving the stabilization and security issues I also have mentioned that needed to be done prior to any RV. So you see now how this is all interconnected?

If you are now going to ask me for a laundry list of exactly what must be done in order to complete the RV requirements I am sorry to disappoint you.

There is no such list. Like I said before many times. No one is monitoring these events in relation to bringing back their currency online and completing Article 8 of the UN charter. Instead it is all about a satisfactory level of needed security and stability in Iraq. The RV will just happen and be a byproduct.

Who determines this level ?

This level is determined by Iraq fulfilling all its promised obligations from the past agreements, then taking an overall look at who the bad guys are and what influence they still can have over Iraq.

GCR Clarification
Folks I am sorry to disappoint everyone but there is no such thing as a GCR (global currency reset).

It is not even an IMF term and denied by the head of the IMF when asked. You have only been told this term so many times for so long that now you believe it. Somewhere in dinar “guru” land (this make believe world of OZ), they have again take an ounce of truth and made it into a pound of intel.

I will say this one more time – read my lips - THERE IS NO SUCH THING AS A GCR !

Do you no read or listen to the news? Have you not witnessed the IMF bailing out Spain, Italy and Greece (multiple times already) already with funding assistance from member nations?

So what do you call this if not an economic financial reset or adjustments. They have constaintly tried to reset the economies already.

Folks this has been ongoing effort since 2008 and so there is no “magic” button to be pressed where 190 currencies will all RV at the same time to re-adjust to the Iraqi dinar value. Simply so ridiculous I got to laugh at this each time I hear it and I hear it so much in the forums and on these info conference calls, it is scary how so many are so misinformed.

May there be some adjustments (devaluations and revaluations) of other currencies based on the SDR tied to the Iraq dinar?  Yes absolutely– but these adjustments are ongoing and happen everyday in the real world and are happening now in fact and they will happen again. They will happen then too when the Iraqi dinar does make a drastic change in value. This is how the currency exchanges work. This is the money market.

So what about the other currencies with larger revaluing rates such as the Vietnam Dong, Indonesia Rupia and the Zimbabwe on the bank screens right now ?

I will address again the currency that gives me the most concerns. It is the ZIM.  I am still not fully sure what Zimbabwe is doing. I know they had a deadline of June 30th to discontinue their 2008, 2009 AA notes. Some day it is now moved out to September 2015.

There is no indication as to if this is applied either to just in country or to international exchanges. I can assume it is only in country since my Bank of Deutsches did not have the live rate as advertised from Zimbabwe for this initial collection effort when I checked.

I have an OPINION on this. Do you want to hear it?

So recently we have heard that the project to recall any ZIM notes is now completed. The country is moving forward with implementation of printing and distributing lower denominations that are GOLD backed. Their news not mine, not rumor according to their news channels and article. So what happened to the September deadline if they are not telling us this project is now all done?

I believe  the .11 - .13 cents we are seeing on the bank screens of upcoming updated exchange rates (now on hold) may be the value of the new currency and not the older notes we hold.

So having said this -  Will they allow the holders outside the country in the future to someday exchange the older 2008, 2009 AA notes at the value of the newer notes on the bank screens? Why would they do this?   

So to answer this question I have to ask another one - Will the treasures of countries like Germany and the USA then take their exchanged notes, as collected when we exchange our old notes if allowed, back to Zimbabwe and demand GOLD for them? Could this be the plan? It does not fully make sense to me unless in the process they somehow manipulate or raise the price of GOLD far beyond the paid out value to the holder of the old notes. Somehow there has to be an incentive here to allow us holders of these older notes to exchange them.

Remember at .11 cents a 100 trillion 2009 AA notes could be worth $11,000,000 million. I just do not see the full rational and where all this money is going to come from for the exchanges. The math does not add up.

I do not fully see or hear of any plan, any deals with Zimbabwe or anything else that would lead me to believe we are going to exchange our older notes any day soon if ever. In fact what I am hearing is we had our chance by June 30th. But the European and USA banks did not honor the advertised rate from Zimbabwe so how could be exchange without traveling to Zimbabwe. Even if we traveled to Zimbabwe who wanted that rate anyhow since we would lose money on the deal. Were we then scammed into buying these older notes?  Just a question not a statement ….yet….

But then again I need to research this further and if there is a plan this information is being kept very quite. But if there is no plan then I would have to say this new bank screen rate is only for the newer GOLD backed currency and not the older notes and we have been screwed.

Oh- but wait a second! Did not Zimbabwe government also announce a couple weeks ago they were going back to using the US dollar and not going to have a currency of their own for a very long time.

Then just weeks later we then read articles of the newer lower, gold backed denoms coming out. Very confusing and with mixed messages. So what is really going on?

Still too many questions about the ZIM. I am not a financial advisor but for me I would personally hold off on any more purchases of ZIM since right now it is looking more like a collectors currency and not an investment currency.

So who is telling the truth? 
When will they open up the .11 - .13 cent rate to the general public and just what currency will it apply to?

We all surly hope the new rate will apply to the larger notes we hold ……lol………

Peace and Luv To Ya All, 
Mnt Goat

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Sczin11 / Chattels & Member Chat Discussion Part 2 of 2

Post From wealthwatch.world Chat Room  Part 2 of 2  Early Wed Morning

sczin11: GOOOOOOD MORNING EVERYBODY

chattels: ‹@sczin11› SO, IS THE BUDGET NOW " IMPLEMENTED " ? WHATEVER THAT MEANS FOR US ?

chattels: WHAT DOES / MIGHT IT MEAN FOR US ?

sczin11: ‹@chattels› THIS IS A VERRRRY INT ?

sczin11: I WILL TELL YU Y, IMHO

sczin11: THEY HAVE FUNDED IN COUNTRY GOVT SALARIES IN PAST MONTHS

chattels: OR ARE WE LABORING OVER INSCRUTABLE SEMANTICAL ISSUES ?

sczin11: MY CONTENTION HAS BEEN, THERE IS AN INVESTMENT SIDE OF THE BUDGET

sczin11: MY THOUGHTS HAVE AND ARE, THAT TO FUND THE INVESTMENT SIDE,MWOULD REQUIRE A CHANGE IN VALUE, PLUS INTERNATIONAL ACCEPTANCE OF THE DINAR, AS THEY HAVE STATED THEY DO NOT WANT US DOLLARS TO BE CURRENCY OF CHOICE
~~~

sczin11: NOW WE SEE THIS RELEASE OF FUNDS BY THE CBI,

sczin11: WHAT EXACTLY IS IT FUNDING?

sczin11: IS IT BEING USED FOR INCOUNTRY CONTRACTS

sczin11: OR IS IT FOR OUTSIDE OF THE COUNTRY CONTRACTS

sczin11: IS IT FOR CONTRACTORS THAT HAVE BEEN THERE FOR YEARS, LIKE HALLIBURTON AND MANY OTHERS

sczin11: WHERE THEY ARE JUST GETTING THEM PAST DUE DOLLARS THAT THEY ARE OWED BY PREVIOUS CLAUSES IN THEIR MULTI STAGE CONTRACTS

sczin11: SO, AS CUSTOMARY, WE WAIT AND HOPEFULLY SEE MORE

sczin11: UNFORTUNATELY, WE RARELY SEE THE MORE, SO ARE NEVER VALIDATED WITH THE FACTS

sczin11: I THINK THE GOOD IS CBI IS FUNDING, AND SPEAKING OUT, AND WE SHOULD SEE SOME MORE ACTIONS...

chattels: ‹@sczin11› IF THE PAYMENT(S) ARE IN DINARS WHICH IT APPEARS THAT IT IS THEN IS IT LIKELY THAT THIS CURRENCY FLOW IS FOR INTERNATIONAL OBLIGATIONS ?

sczin11: ‹@chattels› WHY DO U SUGGEST THAT?

chattels: IF I WERE HALIBURTON AND CO I SUSPECT THAT I MAY WANT PAYMENT IN DOLLARS, BUT OF COURSE WE ARE NOT PRIVY TO THEIR CONTRACTS

chattels: MY COMMENT MAY " BEG THE QUESTION " OF ULTIMATE VALUE / WORTH OF THE DINAR FROM HALIBURTON AND CO'S PERSPECTIVE

sczin11: ‹@chattels› HALLIBURTON, AS AN EXAMPLE, HAD HAS SEVERAL PHASES IN THEIR ORIGINAL CONTRACT, WITH BAIL OUT CLAUSES AFTER EAC PHASE

sczin11: MY UNDERSTANDING IS THEY WERE DEFINITELY PAID IN US DOLLARS TO BEGIN WITH...

sczin11: THEIR EMPLOYEES WOULD HAVE LOST TOO MUCH IN THE EXCHANGE WIRING SENDING HOME TO FAMILY PROCESS

sczin11: THEY CERTAINLY WERENT WORKING THERE ON A GAMBLE

chattels: ‹@sczin11› THANKS, WE WAIT FOR CLARITY AND / OR VALUE, EH ?

chattels: TIME FOR WORK - LATERZ ALL

sczin11: ‹@chattels› I suspect what was paid today, was probably in country payments to local contracts, if it was in dinar... THEY ARE NOT LOOKING TO FLOOD THE OUTSIDE COUNTRY COS W DINAR...TOTALLY AGAINST THEIR GOAL AT THIS TIME

sczin11: ‹@chattels› HAVE A GOOD ONE

chattels: ‹@sczin11› " I suspect what was paid today, was probably in country payments to local contracts ......... " - AGREED :)

chattels: IT IS NOT " NEW " OR VENTURE CAPITAL, BUT ACCUMULATED AND PAST DUE OBLIGATION(S)

sczin11: ‹@chattels› EXACTLY

01/07/2015 19:34 Parliament lifted its first session to tomorrow

sczin11: translate.googleuserconte...

http://ift.tt/1RSeEl2

chattels: ‹@sczin11› PARLIAMENT IS " EN FUEGO " AGAIN :)

vtech: It still amazes me how people think there gonna get the market value of their dinar or any currency ....YOU WILL NEVER EVER EVER GET MAKE RATE...call ANY BANK OR CURRENCY EXCHANGE PLACE tell them you got 50 million dong and ask them what they will exchange it for...it will not be very close to market price

chattels: ‹@vtech› THE BANK " SPREAD " ON EXOTIC CURRENCIES IS ABOUT 25 % AT TD BANK THE LAST TIME I INQUIRED

vtech: it just went up more in May

vtech: Banks here are gonna be drooling here when this goes down to exchange

tourman: ‹@vtech› I'm drooling to unload it!!!

sczin11: ‹@tourman› WAY WAY TMI, LOL GM

tourman: ‹@sczin11›  :w00t:

tourman: are not these "spreads" negotiable at the banks?

vtech: in the beginning not really even if you got a lot don't belive posts banks yes want your business but banks also have to very little margin with their exchange

sczin11: MOST BANK FEES ARE NEG, WE WONT KNOW AB THESE UNTIL THE TIME ARRIVES

vtech: but banks don't make very much as some state

tourman: ‹@vtech› one or two percent is a big deal when dealing with us chumps with less than a mil.

vtech: true but we all know unless ypu got over 10 or 20 million dinar there gonna all be about the same

tourman: ‹@vtech› ‹@sczin11› tru

SWSD: It might behoove someone to check a dealer rate against a bank.

vtech: there margins on international have gotten really tight over last 3 years since new international banking law

tourman: ‹@SWSD› i bought some of those behooves last week.

SWSD: howd they feel? lol

vtech: remember you can't have overseas accounts anymore

tourman: little slippery on the tile floor  :w00t:

SWSD: i hear ya

vtech: so they got us

tourman: ‹@vtech› ya, lots of cracking down on that stuff

SWSD: and remember, you can use the 'dealer' as leverage for spread/rate/fees at the bank when negotiating

SWSD: last i remembered, one of the dealers said that they would honor the market rate?

tourman: definitely leverage the banks against each other

SWSD: that too

vtech: there is not gonna be a big margin like people state cause you gotta stay in country now    

tourman: until we know what we got for rate,, speculation runs wild and so does my imagination.  :w00t:  :cwy:

SWSD: we got a rate....it is 1166 per mil lol

vtech: Yes that's FOR SURE

SWSD: 1166 per dollar i mean

tourman: also will it be free float or managed? We have heard all kinds of theories on that subject too

tourman: also will it be free float or managed? We have heard all kinds of theories on that subject too

Donnie: letting ur imagination run wild can be fun as long as you remember "it's just ur imagination" and not real - yet :)

tourman: ‹@Donnie› ‹@Donnie› ‹@Donnie›  :blush:  :dizzy:  :shocked:

SWSD: that is how alot of the hype gets started...and it's usually by members of forums talking about things such as we are here

tourman: ‹@SWSD› i dont speculate any more in public... too risky for rebellion in these rooms.

SWSD: yep

Donnie: u'll never stop ppl from taking things out of context. - just make sure U know what is going on

tourman: JUST THE FACTS MA'AM!!

vtech: call any airport currency place say you got 50 million dong and ask what they pay you for it then call your bank THEN look up day rate you will be floored

SWSD: what i know is going on....is no one knows what is going on lol lol

tourman: ‹@SWSD› lol

SWSD: ESPECIALLY people who like to say they told you so lol lol

DOUBLE B: ‹@vtech› what is the rate

vtech: rate for what

DOUBLE B: your post above about the Dong

DOUBLE B: vtech: call any airport currency place say you got 50 million dong and ask what they pay you for it then call your bank THEN look up day rate you will be floored

vtech: call and ask

vtech: I called yesterday cause I have 48 million they said 1825 with no fees look up on travelex and it's 2670 they don't do market rate ever

DOUBLE B: and why would anybody go to the airport, when you can go to Wells Fargo ?

vtech: Ok and then called the bank after and they said 1855

DOUBLE B: 1855 ?

vtech: dong value

DOUBLE B: $18.55 ? per million ?

vtech: 48 million dong exchanging for us dollars

vtech: call your self

vtech: 1,855.00

DOUBLE B: Oanda says 45.7980 per million, they are usually close to Wells Fargo

jarhead: ? is how much do they charge lol

vtech: just called wells Fargo here they said 40.65 per million

MichelleL: oh well, i tune back in just in time to see I lost half the money or more that I spent on the dong - you guys are a regular barrel of sunshine :) Good morning SWSD, tourman, vtech   

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Sczin11 / Chattels & Member Chat Discussion Part 1 of 2

Post From wealthwatch.world Chat room  Part 1 of 2 Early  Wed  Morning

Winnerdinar: Greece has defaulted

MichelleL: that was fast lol - if anyone cares, apparently greece hasn't defaulted yet - there's some movement there, the european markets have gone up around 2 and 2 1/2 percent etc

omaatje: shoot, i hope not

MichelleL: fox business news for whoever is interested - fox news doesn't seem to know about it yet

omaatje: its in the Dutch news now, the Finance ministers from the euro countries talk about it tonight. 17.30 gmt +2

omaatje is europe still on a rally?

omaatje: yep http://ift.tt/1RSeFW5

chattels: is it confirmed that Greece has defaulted ?

MichelleL: no chattels, the pm is going to be making a speech, they are back to after hour negotiations
~~~

MichelleL: nice, thanks omaatje

MichelleL: my husband has a real problem with my taking it off of fox and friends and putting on business news - we will have a bloodbath here when he retires ;)

[07/01/2015 07:18:46 AM] omaatje: http://ift.tt/GHDSRY

http://ift.tt/GHDSRY

omaatje: ‹@MichelleL› LOL buy a second tv

MichelleL: i have four omaatje, but only one in the room with the computer lol

MichelleL: omaatje can you post that ft tsipras article please? I don't have a subscription to the financial times

MichelleL: for what its worth, without an rv, we won't have cable anymore so the tvs won't matter much

omaatje: Greek Prime Minister Tsipras is willing to accept the demands of the euro countries, a few minor changes. This is clear from a letter sent late last night Tsipras, reports Financial Times.

MichelleL: thank you omaatje, thats the one

omaatje: 12:58 Tsipras's speeches Greek Prime Minister Alexis Tsipras will probably soon give a speech in which he may want to cancel the referendum.

omaatje: we hAve a liveblog on the Dutch paper, i translate if there is something new .

thanks so much, omaatje

omaatje: YW

Sam: GM just saw on fox the greece may be getting a bailout

MichelleL: GM Sam, seems like something is going on - on the positive side,

MichelleL: [06:24:04 AM] omaatje: Greek Prime Minister Tsipras is willing to accept the demands of the euro countries, a few minor changes. This is clear from a letter sent late last night Tsipras, reports Financial Times.

Sam: they did default to imf

omaatje: Yes they did, officially midnight NY time

MichelleL: looks like an extension till Sunday referendum

DOUBLE B: Baghdad Council announces the receipt of the first installment of its budget for 2015

MichelleL: thanks DoubleB

DOUBLE B: Baghdad /...aaln Council of Baghdad, on Wednesday, the receipt of the first installment of its budget for 2015, which amounts to more than 680 billion dinars, noting that the amount does not exceed 10% of the Council's budget.

DOUBLE B: He said the Council of the mass of Virtue member Adel al-Saadi's "Eye Iraq News" that "the Baghdad Provincial Council received the first batch of the 2015 budget of more than 680 billion dinars, and the amount," explaining that "the amount Almtojb received later will result in the form of payments in the coming months", stressing that "the amount does not exceed 10% of the Council's budget."

 [07/01/2015 07:42:26 AM] DOUBLE B: I still got it, I just don't let everyone know it. http://ift.tt/1BvAJnh...

http://ift.tt/1LDo2JF

 [07/01/2015 07:43:35 AM] chattels: THANKS " BB " - I HAVE POSTED YOUR ARTICLE IN THE FORUM COURTESY OF YOU wealthwatch.world/showthr...

http://ift.tt/1LDo4RQ

KiwiDoc: ‹@chattels› good news early?

omaatje: liveblog / 13:15 Merkel speaks to the German Parliament German Chancellor Merkel held her foot down in front of the Bundestag. She did not want to negotiate with Greece before the referendum is held. Only then they want to see if the benefits of keeping Greece in the eurozone outweigh the disadvantages. She emphasized once again that the future of Europe is not at stake. "The Greek debt is not an insurmountable problem, Europe is strong and robust."

chattels: ‹@KiwiDoc› INTERESTING NEWS FROM " BB "

chattels: ‹@KiwiDoc› WATCHING THIS BUSINESS WITH GREECE KEENLY I AM

DOUBLE B: I have another question, when is Eid al Vacation over ?

chattels: ‹@DOUBLE B› JULY 17 OR 18

KiwiDoc: I don''t read Arabic..

DOUBLE B: check this

MichelleL: omaatje thank you

chattels: ‹@KiwiDoc› REFERRING TO WHAT ARTICLE ?

KiwiDoc: the one BB posted above

MichelleL: KiwiDoc I thought you were studying your tour guide business lol

 DOUBLE B: Parliament resumes its sessions today and tomorrow free from the agenda of important laws

DOUBLE B: Kiwi Doc, should be in English

[07/01/2015 07:48:50 AM] chattels: ‹@KiwiDoc› wealthwatch.world/showthr...

http://ift.tt/1LDo4RQ

MichelleL: ‹@KiwiDoc› google does an auto translate on my computer

KiwiDoc: ‹@MichelleL› not yet, not till after the RV......not going to give up my day job just yet

MichelleL: "free from the agenda of important laws" - sounds like they're just planning on tiddly winks

KiwiDoc: ‹@MichelleL› If this rv would happen would probably go to work for Dr's without borders

] chattels: ‹@DOUBLE B› CURIOUS ANNOUNCEMENT - IN MY OBSERVATION THEIR PARLIAMENTARY AGENDA IS DEVOID OF IMPORTANT LAWS MOST EVERY DAY :)

DOUBLE B: Baghdad /...astonf the House of Representatives, on Wednesday, the first of the month of July 2015 enacted by the second legislative vote, a number of draft laws and read other bills, including the public holidays law.

MichelleL: ‹@KiwiDoc› while altruistic, I think it may well be a dangerous thing to do - don't want to see you in an iranian prison

KiwiDoc: ‹@MichelleL› me either, great minds must think alike

DOUBLE B: The House of Representatives adjourn the end of the month of May to the first of July to the end of the current legislative term of the second legislative its first year. AT THE BOTTOM

MichelleL: lol KiwiDoc so they do - nor coming down with a case of cholera in an undeveloped area with no extra "doc without a border" come to take care of you

DOUBLE B: The statement added that he "will be hearing the first reading of the draft law on ratification agreement trade cooperation between the Government of Iraq and the Government of Kuwait law, and the first reading of the draft ratification of the partnership agreement for cultural, scientific and technical cooperation and for the development between the Government of Iraq and the French government law, as well as the first reading of the draft Holidays Act Official ".

KiwiDoc: ‹@MichelleL› now there is a bright picture for you......were you a motivational teacher in a previous life???

[07/01/2015 07:53:27 AM] DOUBLE B: http://ift.tt/1BvAJnh...

http://ift.tt/1LDo584

MichelleL: KiwiDoc I try daily to talk the younger generation into saving the world from positions of safety and comfort and power instead of adversity ;p;

KiwiDoc: ‹@MichelleL› bless your heart.....that is good

chattels: ‹@DOUBLE B› PARLIAMENT RECONVENED YESTERDAY DESPITE THE " HOLIDAY "

MichelleL: this holiday has what? 2 weeks left?

disciple7: I believe the 17th its over?

MichelleL: then there is EID disciple, I think thats another 3 days or so

KiwiDoc: ‹@chattels› weren't the Kurds boycotting to keep them from having a quorum?

MichelleL: we will be here wishing each other a Happy Thanksgiving and a Merry Christmas I imagine - would love to be wrong, but I've absorbed so much of chattels "yin" ROFLMAO

chattels: ‹@KiwiDoc› AT VARIOUS TIMES THE KURDS HAVE DONE SUCH, BUT NOT MOST RECENTLY

DOUBLE B: Parliament will probably come up with a new Eid al since they interrupted this vacation, like " Eid al We have been working for an hour a day, for 3 days, we need a couple of weeks off Fir "

MichelleL: sounds about right DoubleB

disciple7: ‹@MichelleL› thought EID was the 17th?

chattels: ‹@MichelleL› yIN AND yANG NEED EACH OTHER

KiwiDoc: ‹@chattels› I had understood that they weren't paid in full this past time out and so they were going to stonewall Bagdag

MichelleL: chattels I may have been yin longer than you on this one - you were still buying reserves and I'd stopped nearly 10 years ago lol

chattels: ‹@KiwiDoc› THERE IS ONE ARTICLE STATING THAT OIL IMPORTS WERE SUSPENDED DUE TO BAGHDAD'S FAILURE TO COMPLY WITH THE BUDGET LAW

MichelleL: disciple EID follows ramadan, its like the celebratory phase - who knows

chattels: ‹@MichelleL› TRUE - I HAVE DECEIVED MYSELF RECENTLY

disciple7: ‹@MichelleL›im only getting 1 day and we may be wishing eachother a couple more thansgivings and christmas'...

chattels: THINK OF RAMADAN AS THE " SEASON " AND THE EID AS THE HOLIDAY

MichelleL: chattels just hope you haven't lost any money on the deal

DOUBLE B: sorry to interrupt the morning blase' with the articles, catch y'all on the rebound

chattels: ‹@MichelleL› OH, I HAVE LOST MONEY FOR SURE, BUT MY ACTIONS SEEMED LIKE A GOOD IDEA AT THE TIME :)

chattels: Parliament will reconvene tomorrow to vote on the bills and read the five laws June 30, 2015 http://ift.tt/1LBTFmS...

Sliderule: Enjoying reading your commentary again.

chattels: ‹@Sliderule› DO I COMMENT VERY MUCH ? I MAY BE TALKATIVE IN THE CHAT, BUT " FORMAL " COMMENTARY IS NOT MY " STRONG SUIT " :)

chattels: ‹@Sliderule› IN ANY EVENT I AM PLEASED BY YOUR PRESENCE IN THIS PLACE

Sliderule: Correction talkative chat. Lol

Sliderule: Realistic chat!

chattels: Greek Prime Minister Alexis Tsipras has written to international creditors saying Greece could accept their last bailout offer if some conditions were changed, but Germany expressed skepticism while saying the door was still open for negotiations.

chattels: With long queues forming at bank machines a day after Greece became the first advanced economy to default on the IMF, and signs that supplies of bank notes were running low, Tsipras has been under growing political pressure to reach a deal.

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