Don't WAIT!

Wednesday, June 1, 2016

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More News, Rumors and Opinions Late Wednesday Morning 6-1-16

KTFA:

Aggiedad77:  So goes the give and take of international politics.....sure we can scratch your back today....but it comes with a price.....a price you must be willing to abide by....

Abadi....and the GOI....cut some salaries.....tax a few things.....like income, ration card usage.....you know....it's the stuff you've been wanting and trying to do...but failed.....

We are here to help says the IMF.....our money with OUR strings at your service. 
Aloha   Randy

Walkingstick:  The government cut the salaries of staff allocations and charge fees for "ration"

06/01/2016

BAGHDAD / tomorrow Press: MP for the National Reform bloc, Zaher al - Abadi, said onWednesday that the Iraqi government will resort to reduce the salaries of staff allocations and make some drawings on the ration card in order to pay off IMF loan.
....


Ebadi said in a statement for "tomorrow 's Press," that " the IMF has the criteria followed in the loans granted by the states according to the calibrator, the fund obliges states toabide by, including the imposition of certain fees on income and expenses, including a ration card or fuels and some provisions which grant to the employee. "

He pointed out that" most of the general budget are operational and more attributed to the salaries of thestaff, it should be the reduction in those aspects to repay borrowed government. " He added that" the imposition of taxes and fees on salaries ration card from the jurisdiction of the government and does not require a parliamentary vote . " , pointing out that " thegovernment is an urgent need to finance the continuation of the war with the amounts Daash and provide salaries and operation of the private sector."

http://ift.tt/1UexgMW
 
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Walkingstick:  Russia and China will save the world from the slavery of the dollar - expert

Yesterday at 09:36
 
Against the background of the meeting of the "Big Seven", which is excluded from its ranks Russia, he became involved mainly policy and economic war with China in the vast Pacific Ocean. Against the background of the Western powers in consolidating Sanctions confrontation with Russia and conspiracy theories about US collusion with the oil of Saudi Arabia, Russia beat the Saudis in the struggle for the Chinese oil market . In April, China increased its oil imports from Russia by 52%, while imports from Saudi Arabia fell by 22%.
 
Record high volumes of imports from Russia, most likely due to the calculations in yuan, which has agreed to Russia.
This, perhaps, is the main achievement of the Russian-Chinese Economic Partnership. We outline the tectonic shifts in the global economy, which will allow countries to refuse green, unsecured bills.
 
For comments on the situation to Pravda.Ru asked the director of the Institute for Advanced Studies named Schiffers, professor of the British School of Social and Economic Research Yuri Gromyko.
 
"The process of de-dollarization is by leaps and bounds, and is, a key position at the Central Bank of China. Because China has long started to move to swap 1 , a mutual currency exchange rates," Gromyko said.
 
However, Russia is still much to be done to work with China to achieve tangible results.
 
"This win is made at the expense of hydrocarbon supplies. What Russia needs to develop the aviation industry, space and even, in the end, the same" neftanku ", there is no doubt. The main thing is underestimated in Russia, this project science, and China waiting for an opportunity to enter into contact and work with Russia on the creation of fundamentally new technologies.
 
Creating innovative collaboration industry - key to move beyond the dollar system ", - said the source of PRAVDA.Ru.
 
He also noted that Russia already has experience of the transition to settlements in national currencies and swaps with Vietnam (cvop - trade and financial exchange operation in the form of exchange of a variety of assets in which the deal to buy (sell) securities, currencies, accompanied by the opinion kontrsdelki , transaction reverse repurchase (purchase) of the same product after a certain period on the same or other circumstances).
 
"Through the organization" Shanghai Cooperation "we begin to actively offer swaps a number of countries in principle, ready for these negotiations and India cooperation will be possible to try to drag and Malaysia..", - The expert said.
 
Yuri Gromyko also highlighted the fruitful results of the ASEAN forum in Sochi . According to him, the Association of South-East Asia could become a platform for equal cooperation between Russia and China, as opposed to the Trans-Pacific Partnership .
 
Recall that Pacific Partnership is moving US economic containment of China in the Pacific region.
 
According to the expert of PRAVDA.Ru, here in Russia is great potential for economic cooperation.

http://ift.tt/1soZDl4

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Walkingstick:  Currency Manipulation By The United States Is Alive And Well

Jun. 1, 2016  By Tommy Behnke

Last month, central bankers and finance leaders from the Group of 7 (G-7) advanced economies met in Sendai to discuss the global economy at large. As expected, the United States cautioned Japan, a US currency watchlist country, to refrain from taking further steps to manipulate its currency. This warning came as a result of finance minister Taro Aso hinting that his country was "prepared to undertake intervention" in the foreign exchange market in order to weaken the yen.

The hypocrisy of US Treasury Secretary Lew's injunction is laughable. He might as well have told Japan, "We're America, we're powerful, and we're allowed to make rules that we're allowed to break," because that was certainly the implication of his words.
Historically, the US has been the world's leading cheerleader for currency manipulation. Not only has the US encouraged and aided Japan in its quest to keep the yen's value low, but it has also mimicked Japan's own export-friendly monetary policy in times of panic.
What Is Currency Manipulation?

Currency manipulation is essentially when a country artificially weakens the value of its currency to increase its net exports. This can be done in one of two ways:
A.) By purchasing foreign currencies in the exchange market to increase their buying power.
B.) By using dovish monetary policy to increase inflation, cut interest rates, and reduce domestic purchasing power.

Suppose it takes 100 Japanese yen to purchase 1 dollar. Also suppose that the Japanese government is unhappy with export totals and wants to sell more goods to the United States. The Japanese opt to "fix" this through Path A: they purchase billions of dollars with their currency, increasing the supply of yen on the market and decreasing the supply of dollars.

As a result, the yen depreciates in value, moving the US-Japan exchange rate to 110:1.
Translation: Americans can now purchase Japanese goods for fewer dollars, while US goods have become increasingly expensive for the average Japanese citizen.
 
Alternatively, the Japanese could have chosen Path B and simply printed more yen. The increased supply of yen would have led skeptical investors to sell Japanese bonds and stocks and purchase foreign ones, hence shrinking the yen's buying power.
In either case, the underlying objective is achieved - US consumers begin purchasing more Japanese goods because they can afford more for less.

The Effects of Devaluation

Is currency manipulation a sound economic policy? Absolutely not. The Japanese are essentially subsidizing cheap goods to the United States. It is true that the wealthier owners of the Japanese export industries may profit from the increase in sales, but the cut in purchasing power has to affect someone. In this case, it harms the Japanese workers, who, in the absence of a pay raise, are subjected to declining real incomes.

Of course, currency manipulation also distorts the structure of production, and meddling with the labor market is never a good thing. Exchange rate intervention has caused Japan to gain a disproportionate amount of manufacturing jobs and the US to gain a disproportionate amount of service industry jobs. These market distortions are troubling for both sides, because comparative advantage in the global economy would certainly be higher overall in the absence of government intervention.

From a holistic standpoint, currency manipulation isn't great for either side. But it is hypocritical for the United States to rail against Japan for considering further exchange rate interventions when the US itself has been a leading participant in the global currency wars.

Japan Has Helped the US Devalue

Historically, the US - a sucker for cheap imports - has encouraged the yen's devaluation and has even helped in financing its decline.

For example, from September to October 2003, Japan sold 2.7 trillion yen in order to devalue its currency. Japan's Ministry of Finance confirmed that much of it was purchased by the United States through the New York Federal Reserve.
 
In some cases, however, the US has found its own currency to be too strong. In such cases, it has intervened in the foreign exchange market to devalue the dollar, even receiving assistance from countries like Japan in doing so.

This occurred in 1997-1998, when the dollar's purchasing power increased against the yen by nearly 15 percent. In an effort to combat its rapid appreciation, the New York Fed purchased over $800 million worth of yen. As you can see in the chart below, from December 1997 to June 1998, Japan was not the one artificially lowering its currency. The country was actually strengthening the value of the yen by selling tens of billions of dollars in order to help the US devalue its currency:

And so, if the US government wants to continue dishing out anti-currency manipulation rhetoric, it best explain why it's had its own hands in the foreign exchange market.
The US's Huge Quantitative Easing Devaluation

But the US doesn't just manipulate its currency through Path A. It does so through increasing its money supply far more often. The most memorable example of this in recent memory came during the heat of the 2008 financial crisis. With millions of lost American jobs, Fed Chairman Ben Bernanke and Treasury Secretary Hank Paulson were desperate to boost US GDP in any way possible. They did so by manipulating the currency through dovish monetary policy, cutting the Federal Funds rate and then immediately beginning the infamous Quantitative Easing program.

From November 2008 (the beginning of QE1) to June 2011 (the end of QE2), the M2 money stock increased by over 1 trillion. Not surprisingly, this expansion of the money supply contributed to the dollar-yen spot rate plummeting from 96.89 to 80.49 during that time frame:

And what came with a declining US-Japan spot rate? Skyrocketing US exports of goods to Japan, of course:

While the spot rate began to increase shortly after QE2 as a result of Japan's own extensive monetary easing, the point remains clear: the US used the power of the printing press to manipulate its currency downward in a clear attempt to artificially increase net exports.

The Yen Rallies

Thankfully, countries can't manipulate their currencies forever. The jig has to stop sometime, and Japan's economy is a case in point to this fact. The Japanese economy isn't doing so well these days. The country, which is dependent on exports, can't seem to weaken the yen with respect to the dollar. In fact, the yen recently reached its strongest position against the dollar since October 2014.

Japan is running out of options. Its interest rate is currently sitting at -0.1 percent, so it would be hard-pressed to weaken itself through a further expansion of the money supply. Its only other recourse is to intervene in the foreign exchange market for the first time since 2014, which is why finance minister Taro Aso recently insinuated that his country may soon look to do so.

Although further currency manipulation is far from ideal, the US is in no place to criticize Japan for doing it. With the dollar as the de facto world reserve currency, the US shouldn't govern like a playground bully, nor should it lead with a "Do as I say, not as I do" mantra. It should either lead by example or sit down and shut up. But the sooner it chooses the former, the sooner the practice of currency manipulation will stop completely, and the sooner some degree of fiscal sanity will be restored to the global economy.

http://ift.tt/1UexBz4
Dinar Updates:

firefly   Article quote:  "Iraq's new funds from the International Monetary Fund, a step in the right direction to make Iraq is under international economic standards." 

"Iraq borrow from the International Monetary Fund makes Iraq abide by international standards and conditions, namely that Iraq abide by mandatory." 

It is essential that something happens VERY VERY soon.

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WSOMN:

One11Freedom:  The United States has lost its world’s most competitive economy stat​us to China Hong Kong and Switzerland, a report by the IMD World Compe​titiveness Center research group revealed. Read more: http://ift.tt/1t1pP5S

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WingIt:

LifeisArt:  I UNDERSTAND YOUR FRUSTRATIONS OVER CREATING PLANS.

FOR MYSELF, I BEGAN WITH THE BASE LINE PLANS OUTLINED BY IRAQS INEVITABLE REVALUATION, OF $3.41 + 20%. AND N THE ZIM, I RECALL CONVERSATIONS IN THE .04 AND THE .11 CENTS RANGES. THEN, THE .67CENTS, AND $1.00

REMEMBER WHEN THIS WHOLE COMMUNITY WAS TALKING ABOUT STREET / MARKET / INT'L RATES?

THEN, WE JUMPED OFF THE RAFTERS WITH SOVEREIGN RATES BEFORE WE FIGURED OUT THOSE PREVIOUS RATES.

MAKE A PLAN ACCOMMODATING ALL OF IT.

A BASELINE 'WHAT DO AND HOW DO I WANT TO LIVE MY PERSONAL LIFE' FINANCIAL PLAN.

THEN DO A MIDDLE OF THE ROAD PLAN, BY BUMPING UP THOSE FINANCIALS. AND, AS A TOPPING ON YOUR CAKE, DO A PLAN THAT WILL ACCOMMODATE YOUR PROJECTS.

BE OUTRAGEOUS, HOLD ONTO YOUR COMMON SENSE, PRACTICAL APPLICATIONS.

IT'S WHAT GERRY ALWAYS SAYS: BE FLEXIBLE.



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News, Rumors, and Opinions Wednesday Morning 6-1-16

WSOMN:

AdminBill:  THERE ARE GOOD THINGS HAPPENING BUT I FEEL IT IS NOT APPROPRIATE TO DISCUSS INFORMATION THAT IS NOT VERIFIED AS 100% ACCURATE AT THIS POINT IN THE LIFE OF THE RV.

One11Freedom:  ADMIN, DO YOU BELIEVE JUNE 16TH A BACKWALL TOO?

AdminBill:  I QUIT BELIEVING IN BACK WALLS LONG AGO. IT IS A MILESTONE IN THE EVENT THAT COULD TRIGGER MORE ACTION OR THE ACTION.
....

WSOMN cont..........

One11Freedom:  More in Debt Than Puerto Rico, the Virgin Islands Rejects Rescue - ​BLOOMBERG __ http://ift.tt/1TXCiRM   Could trigger a mkt crash...

Dollar falls as investors seek safety in yen over ‘Brexit’ polls ​Published: June 1, 2016 7:03 a.m. ET http://ift.tt/282GE0c

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TONIGHT...WSOMN & S3GLADIATORS PRESENTS AWAKE IN 3D/ BLONDIE MODERATOR OUR CURRENT ECONOMIC SITUATION

8:30 EST WEDNESDAY Attend by Phone: Guest pin code: 525083#

Primary dial in number: (425) 440-5100

http://ift.tt/1UudiAv

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WingIt:

BEAMS PROVIDED: “Russia and China to release world from dollar peg 3​1.05.2016”: http://ift.tt/1UudyiK

BEAMS PROVIDED: “Billionaire Gross: Jubilee Debt Relief as Prelude to New Global Economic Order” http://ift.tt/1TXCuQY
 
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KTFA:

 Aggiedad77:  Oh yes indeed.....the BEST is yet to come

 The push is getting ready....or in Texas terms...."fixin' to" move forward.....in some ways it has begun I think......warp speed Frankie.....they be high stepping

 Watch as more is unveiled as we observe….The BEST is yet to come    Aloha  Randy
 
Frank26:   Based on my opinion everything that they are telling you about the cities is 2 to 3 weeks old there is a reason why you are now being told about the cities thank God !
I plan to tell even more on our conference call tomorrow......... Thank God.
KTFA   Frank


Aggiedad77:  Well then based on some stuff I heard on the recent CC's....sounds like maybe they wanted to let the dust settle after some "special ops" sort of spring cleaning took place.....so as to be able to declare that Arab victory you talked about....credit to Abadi and his troops.....why is there an echo on the street when the Iraqi army moved through town.......the countdown starts......Get Mosul......well ok....decide where to plant the flag in Mosul.   Aloha   Randy

Frank26:  IMO .............. We got Mosul over 3 weeks ago .............. It is the process to tell You now that intel is ............ Completed.

It is illogical to give the enemy minute to minute intel updates via a CARELESS MEDIA on how they are being defeated while they are being ............. Defeated.

It's Your turn to KNOW ............. Now.   KTFA   Frank

Toyvp:  Gold prices in Iraq rises to 199,000 dinars

2016/5/31 9:00 • [Where - Baghdad]

Gold prices rose in Iraq, on Tuesday, to 199,000 dinars per weight.
Picture
The price of gold Almthagal 21 carat today 0.199 thousand and 495 Iraqi dinars.
As prices reached yesterday 198 400 dinars, to be the price up to 1095 dinars to the weight of rising difference.

And Almthagal equal to 5 grams. LINK

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Purifiers:  This is very detailed and goes into MUCH pertaining what we are studying right now... go to the LINK below, SCROLL DOWN... and look at whats there... WOW!!!

The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal economic actors that together facilitate international flows of financial capital for purposes of investment and trade financing.

Since emerging in the late 19th century during the first modern wave of economic globalization, its evolution is marked by the establishment of central banks, multilateral treaties, and intergovernmental organizations aimed at improving the transparency, regulation, and effectiveness of international markets.[1][2]:74[3]:1 In the late 1800s, world migration and communication technology facilitated unprecedented growth in international trade and investment.

At the onset of World War I, trade contracted as foreign exchange markets became paralyzed by money market illiquidity. Countries sought to defend against external shocks with protectionist policies and trade virtually halted by 1933, worsening the effects of the global Great Depression until a series of reciprocal trade agreements slowly reduced tariffs worldwide. Efforts to revamp the international monetary system after World War II improved exchange rate stability, fostering record growth in global finance.

A series of currency devaluations and oil crises in the 1970s led most countries to float their currencies....

http://ift.tt/1Uudhwm

Frank26:  You mean this part?..................... "Future of the global financial system".
 
Good reading ................ KTFA  Frank


Purifiers:  Sounds good to me Sir, I will study that area... Found a link to that part of the page:

http://ift.tt/1TXBNXX


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Wealthwatch Chat Room News & Comments 6-1-16 

​WEALTHWATCH  6-1-16

Post From Wealthwatch.world  Chat Room
 
Wealthwatch Chat Room News & Comments 6-1-16  


chattels: " There has apparently been little US assistance given to the volunteer militias fighting on Fallujah's northern front over the past few days; the militias broke their promise to stay on the city's outskirts."
 
chattels: It is clear to most observers and to Iraqis that this fight will be far from easy.
 
chattels: “This battle will involve three stages,” Kathem al-Khazraji, an Iraqi army colonel, told NIQASH. “The first is to control the outskirts of the city, the second involves catching the IS fighters inside the central city and the third is to begin attacking the extremists. This battle may take some time but if the US continues to provide us with air cover, we will win.”
 
chattels: There are still an estimated 50,000 civilians – possibly more - trapped inside Fallujah, once a city of around 350,000. In a telephone interview, a resident in the Shuhada area, in the south of the city, told NIQASH that everyone here knows they are not allowed to leave the city.
 ~~~
chattels: As the fighting continues and the Iraqi forces seem to be winning, one can only hope that those involved will take heed of the words of Iraq’s most senior Shiite cleric, Ali al-Sistani, who preached that security forces should protect civilians at Friday prayers last week: “Saving innocent people from harm’s way is the most important thing, even more so than targeting the enemy,” the cleric said.

chattels: http://ift.tt/1UudqA3
 
chattels: Protests In Iraq’s Capital But What’s Next?
 
chattels: Sadr’s plan completely backfired, but it didn’t appear he had a follow up strategy.
 
chattels: Parliament is no closer to coming together and moving on Abadi’s reforms that Sadr has been demanding. In fact, the marches and continued moves into the Green Zone are perpetuating the current crisis.
 
chattels: Sadr has always aspired to be the dominant figure in Iraqi politics. His problem is that he never appears to think long term. The on going protests are a perfect example. He succeeded in taking over the Baghdad protests and the Green Zone, but there is nothing else to his strategy. Iraqi politics has been effectively blown up by Sadr’s actions, and he has no solutions to what he’s created other than to continue on his path.
 
chattels: " Iraqi politics has been effectively blown up by Sadr’s actions, .................... "
 
chattels: http://ift.tt/1TXCEIf
 
chattels: CBS/AP May 31, 2016, 11:14 AM Heavy clashes as Iraqi forces push toward ISIS-held Fallujah http://ift.tt/25x6kjj
 
chattels: Amid heavy clashes in Fallujah, fears rise for civilians By QASSIM ABDUL-ZAHRA May. 31, 2016 3:18 PM EDT http://ift.tt/1UudAam
 
chattels: I suggest that all the Ministers of Parliament be sent to the front lines in Fallujah.
 
chattels: Nechirvan Barzani: the salaries of all ministries and distribution over the next week
http://ift.tt/1TXBCfq
 
OOTW: The Supreme Judicial Council has decided to direct the Ministry of Justice teaches behavior Judicial Institute judiciary , pointing out that the procedure contributes to fortify the independence of self - judge on the one hand and the rest of theauthorities on the other.
 
The judge said Abdul Sattar Bayrakdar spokesman, said that "the Supreme Judicial Council held its (seventh) for the year 2016, and discussed the files listed on its agenda."
 
He Bayraktar said: "The meeting resulted in a number of decisions, including requiring those in charge of the Judicial Institute, affiliated to the Ministry of Justice, the institute teaches students about the material independence of the judiciary and judicial behavior in the exactitude of the approved rules in the national and international laws."
 
 He said, "I got the consent of employees, regardless of the Supreme Judicial Council salaries in all the courts of appeal under the presidencies of the smart card (Ki-Card) with the exception of Baghdad and Anbar."
 
And increased Bayraktar said: "The meeting saw the upgrade of a number of judges and public prosecutors to present items that follow their categories, as well as the movement of a number of others to other locations as required by the public interest."
 
OOTW: http://ift.tt/1UudwYc
 
waldowould: Am starting to think this site's name should be changed to newsworthy. Lol
 
chattels: Iraq Militia leader: Politicians must come help Fallujah refugees By Rudaw 1 hour ago Iraqi army and Shiite militia have captured more villages in Saqlawia, northwest of Fallujah. They are still to enter the city. They say they’re 2km away. The forces have congregated the city’s north and south gates. Militia leaders say they expect street fights once in the city.

http://ift.tt/1TXBXPa
 
chattels: It has been 8 days since the Fallujah offensive started.
 
chattels: Some military officials expect a hard battle for Fallujah city center where ISIS has bigger weapons and more militants.
 
chattels: " The parliament session on Tuesday is the last session before the legislative recess into force from tomorrow Wednesday the first of June. "
 
chattels: " the rules of procedure permits during the month of vacation a special meeting was held at the invitation of state of the three presidencies, the Republic and the Minister and the Council of Representatives, or submit an application after collecting signatures of 50 deputies, to discuss only one topic in the agenda , but one day only. "
 
 chattels: " it is possible to be repeated that request as needed, and then the third legislative year begins in the first chapter as of July 1 next ".
 
chattels: http://ift.tt/1UucUC4
 
chattels: Eid al Fitr is also know under the following Terms: Feast of Breaking the Fast, the Sugar Feast, Bayram (Bajram), the Sweet Festival and the Lesser Eid. The religious holiday is celebrated by Muslims around the world and marks the end of Ramadan, the Islamic holy month of fasting (sawm).
 
chattels: Eid al-Fitr in 2016 will be on Tuesday, the 5th of July 2016 (or evening the 4th of July)
 
chattels: CBI Holidays in (2016) for Eid al-Fitr : July             *7 Id Al-Fitr (3Days) Dates noted with asterisk (*) are approximate
 
chattels: www.cbi.iq/index.php    http://ift.tt/1xhRcar
 
Doug_W: kinda like Lent eh "C"
chattels: ‹@Doug_W› Kinda
 
chattels: Food City is a Southern grocery store chain with headquarters in Bristol, Tennessee. This is their one-minute commercial. Not a word is spoken and none is needed. http://www.youtube.com/embed/uoA...
 
chattels: Good stuff !
 
 chattels: Due to the climate of political correctness now pervading America, ...........
 
chattels: She does not 'NAG' you - She becomes ' VERBALLY REPETITIVE.'
chattels: HOW TO SPEAK ABOUT MEN AND BE POLITICALLY CORRECT:
chattels: He does not 'GET LOST ALL THE TIME' - He ' INVESTIGATES ALTERNATIVE DESTINATIONS.'
 
chattels: Joel Wing ‏@JoelWing2 9h9 hours ago For those trying to follow Fallujah some words of wisdom from Public Enemy regarding social media propaganda http://www.youtube.com/watch
 
chattels: Kirk H. Sowell ‏@UticaRisk 30m30 minutes ago Concern about illegal killings of Fallujans by Shia militias is legit, but needs to be balanced against strong Sunni particpation evident.
 
 chattels: susannah george ‏@sgreports 2h2 hours ago .@UN warns 20,000 children trapped in Fallujah as ops to take city back from IS enter week 2 via @AP http://ift.tt/1Y0KhiO... …
 
chattels: Jean-Marc Mojon ‏@mojobaghdad 1m1 minute ago #Iraq forces claim killing many #IS but #Fallujah taking heavy toll in own ranks too goo.gl/YmIJyG @AFP
 
chattels: Dr. Mahmoud Othman ‏@Drmahmoudothman May 21 Events in #Baghdad, show that the political process is in turmoil & needs a radical revision in which all parties must cooperate. #Iraq
 
chattels: Dr. Mahmoud Othman ‏@Drmahmoudothman May 22 Iraq My interview w/ @kurdistan24tv @K24English on the current issues in #Kurdistan and the wider region. http://youtu.be/FE-f8eMnIoE 

https://www.youtube.com/watch?v=FE-f8eMnIoE&feature=youtu.be
This video has been removed by the user.


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BGG News Time & Tuesday  PM Chat  5-31-16   Part 2 of 2 

Post From Dinar Updates
Chat Room Excerpts & Highlights
 
BGG News Time & Tuesday  PM Chat  5-31-16   Part 2 of 2
 
BGG says():not an official status as of now - but VERY CURIOUS he would put this out there...
Martha Sue says():I thought so too
 
Hutch says to BGG():He opened the door for it ... if needed
BGG says to Hutch():Agreed.
maine says():he obviously wanted it known
 
BGG says to maine():Amen
BGG says to maine():but why?
 
maine says():part of the process
maine says():letting the IMF know they are on it
 ~~~
BGG says to maine():They better - also curious - is the timing of these VERY agressive moves against ISIS are so curious...
 
BGG says to maine():Big money steps in - it's all "you-know-what's and ELBOWS"...
BGG says to maine():BOOM
 
maine says):again they need to wrap up the insecurity
 
BGG says to maine():looking very curious on that front... why??
BGG says to maine():BECAUSE :D
maine says():the RV needs to happen
 
I'm assuming Martha Sue was talking about Ramadan?
 
_firefly_ says():just walked in :)
 
poppy123 says):TO FINISH REFORM I SUSPECT THEY WILL HOLD EVERY EMERGENCY MEETING THEY NEED.. AS SOON AS POSSIBLE TO ATTEMPT TO MEET THEIR DEADLINES FOR REFORM COMPLETION. POPPY3
 
_firefly_ says():Eid
 
maine says():the holiday should have no effect on the reforms
 
maine says():they work during that holiday
 
_firefly_ says():The world does not stop because of Ramadan !
maine says():exactly
 
_firefly_ says to maine():Correct, they have worked through every Ramadan for years
 
Martha Sue says to _firefly_():didn't know that's what I was talking about! :D ... just that they said they shortened the 2 month time of being off to 30 days of being off and then the emergency meeting aspect!
 
_firefly_ says to Martha Sue()  Those people don't know what they are talking about ... PERIOD
 
BGG says():Urgent Cabinet approves the Supreme Judicial Council Act
 
BGG says():{Baghdad: Euphrates News} cabinet today approved the draft of the Supreme Judicial Council Act, which Dqgah the State Consultative Council.
 
A source in the council told {Euphrates News} "The Council approved the referred the bill to the House of Representatives based on the provisions of Articles {61 / I and item 80 / item II} of the Constitution, taking into consideration ray General Secretariat of the Council of Ministers ..itba ..
 
BGG says():This bit is interesting (I'm not convinced it is the "official" Fed Court law... HOWEVER, the fact they are progressing on this front is just more and more and more evidence things are moving in the right direction (finally)...
 
BGG says():I ran across this commentary a couple of weeks ago and have been wanting to share it ever since...
 
BGG says():and Iraqi writer talked about the 4 pieces of legislation that would move Iraq forward.
 
BGG says():(NONE OF THIS PRESUMES TO - IN ANY WAY "PREVENT" an RV)...
 
BGG says():it is just observation by an Iraqi as to what would help move things forward.
 
BGG says():1) Amnesty Law
 
BGG says():2) HCL (how they divide the oil revenues)...
 
BGG says(): seems like a small number to be all "ha ha ha" about... UNLESS??? It's not really 6 bil?? (future value)
 
BGG says():Here it is...
 
BGG says():They know...
BGG says():We know...
BGG says():and they know we know...
 
Bookumdano says():Like I said yesturday thats one way to reduce the note count.
 
BGG says to Bookumdano():Yup - BURN IT...
BGG says to Bookumdano():BURN IT TO THE GROUND!!
 
jtank says(): says():One more piece - if I don't keep on, I'll be here all nite... :D
 
BGG says():Thus, Ethel Nujaifi's response to the arrest warrant against him
 
Read More: http://ift.tt/1TXrAtg
 
BGG says):This is a BOMB-SHELL...
BGG says():the key phrase...
 
BGG says():The magazine Foreign Policy of America revealed, Monday, documents seized by the CIA in a US-Iraqi raid in 2010 and published in the Combating Terrorism Center at West Point Center for the military indicated that some Sunni politicians prominent in Iraq, such as Ethel Najafi, Rafie al-Issawi and Deldara Zebari and others collaborated with what was called the Islamic State of Iraq in 2009...
 
BGG says():This was kind of curious...
_firefly_ says():Interesting indeed !
 
BGG says():the Iraqi GOI seems to be "gloming onto" some report out of the US about these characters having somehow involved with ISIS as far back as 2009...
BGG says():which is a little absurd.
 
BGG says():stunning they are attacking the Nujafi family (because they might not be able to get to Osama) - Issawi (a Sunni) and Zebari...
 
BGG says():it all takes me back a bit...
BGG says():because it has to be some typo - there was no ISIS in 2009.
 
BGG says():there were Sunnis... NO ISIS.
BGG says():and if they are saying this with a straight face - this is more Maliki BS.
 
subgirl says():fighting to get reforms voted on, they have parliment with quorums but do not vote on the reforms..... IYO why do you think this is happening?
subgirl says():and thank you :)
 
BGG says to subgirl():Bad actors fighting for thier lives.
 
subgirl says):Thanks! :)
BGG says to subgirl():(their) woops...
 
Hutch says to BGG():IT SEEMS TO ME O BE ALL ABOUT IMMUNITY
Hutch says to BGG():TO BE
 
BGG says to Hutch():that is also a good point.
BGG says to Hutch():these guys are fighting for their immunity as well.
 
BGG says to Hutch():which may well be revoked before it's all over.
Hutch says to BGG():YEP 
BGG says():Next piece...
BGG says():Cracked front rioters Representatives and the defection of eight of its members
 
sassy says():please let it.be
 
BGG says():A source in the National Alliance, on Monday, for the dissidents of reform Front parliamentary deputies names, while the likely existence of a political deal signed between them and Parliament Speaker Salim al-Jubouri.
 
The source said in a press statement that "Eight MPs from the Reform Front parliamentary announced the dissidents of the House of Representatives of the protesters and joining up with the clinging quota system of political blocs, as well as attending the session of parliament was held on Sunday, and the people who helped achieve a quorum," likely "the existence of a political deal between the dissident MPs and parliament Speaker Salim al-Jubouri. "...
 
jtank says():thx for the great newstime- DU #1
BGG says():Uh oh!!!
 
BGG says():SLC / Maliki / "the sitters" - are losing peeps daily!!
BGG says():OUCH!!
 
Hutch says():ITS OBVIOUS THAT THE WRITING IS ON THE WALL.
 
BGG says():they can put this "cry baby" spin on it all they want about some "secret agreement" between these 8 and Jubouri all they want - they will lose. It was going to happen all along.
 
BGG says():OK - I have one more...
 
BGG says():I'll just put it on THE BLOG in a few...
 
Hutch says():THANK YOU ALL FOR COMING IN TONIGHT, AND THANK YOU COPIERS FOR MAKING ALL OF THIS AVAILABLE TO US HAVE A GREAT NIGHT EVERYONE !!!!
 
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BGG News Time & Tuesday  PM Chat  5-31-16   Part 1 of 2

​Post From Dinar Updates
Chat Room Excerpts & Highlights
 
BGG News Time & Tuesday  PM Chat  5-31-16   Part 1 of 2

 
oldmechanic says():I have a question, does ramadon affect any thing becides goi? With imf in the cbi, I would think Imf does not care about ramadon. But I get to thinking well the laws need to be done. And goi gone for a month. don't hate on me for asking, just my anxiety goes crazy with ramadon.
 
Hutch says():In years past, they continued to work, I personally dont think that it is an issue.
 
Dinar Dave says to oldmechanic():IMO... If the IMF has stated that iraq will be internationally accepted by the end of the first half of 2016, then you have nothing to worry about. I'm sure that IMF did their homework before making such a BOLD statement and I'm sure the GOI and CBI would have "no no we can't do it then" if their was going to be a problem...lol Just sit back and enjoy watching it play out....
 
oldmechanic says():8-) I'm just going to keep grounded and watch, IMF is not a speculator in this game. and only time and what the news tell's us.
oldmechanic says():Is all we have to go by.
~~~
 Dinar Dave says to oldmechanic():Remember too some articles coming out of iraq are PURE JIBBER.... for many reasons.... Just let it play out and you'll the end result make everyone happy...lol
 
oldmechanic says():Oh I remember how they toy with this and or it is taken wrong in translation.
 
 BGG: Let folks know I am getting some info together - will be about 15 min delay...... too much info
 
Hutch says():NEWSTIME with BGG!!!
 
dwightj says():ok bgg kick it in gear
Hutch says to dwightj():He's getting the clutch adjusted, Its grinding a little:D

BGG says):OK here we go.
dwightj says):THATS WHY I SAID KICK IT(lol)
jimplants says():AMEN
 
BGG says():and to all of our DU peeps...
 
BGG says():I got called out on an emergency run 1st thing this AM and didn't get back until late. Schedule got all messed up... but as I do this News Time (and after)... I'm working on the BLOG and The OBSERVER... (WITH SOME OBSERVATIONS)...
 
BGG says():I know I have been a little "light" in that department... but I have just recently (the last couple of days) been finishing up those big projects I mentioned so I can devote a little more time now... WHEW.
 
BGG says):On it now...
sassy says():BGG all is good. Life happens ya know
 
BGG says():there is sooooooooo much news - I don't know where to start...
BGG says():so in no particular order.
 
BGG says():(and BTW - I don't paint things "rosy" for any particular benefit. I reflect on things as I see it - currently. Period.)
BGG says():Here we go...
 
Hutch says to BGG():Thats a good thing !
 
BGG says():BTW - thanks to all the DU Contributors over on the FB Group as well... ROCKIN' BUNCH!!
 
BGG says(:The House of Representatives, on Tuesday, (April 26, 2016).
15 deputies of the reform front will attend the session of parliament as opposition.
 
BGG says():Long-Presse / BaghdadAnnounced a reform in the House of Representatives Front, said on Tuesday that about 15 deputies attending the parliamentary session scheduled for today, as oppositionThe MP said the front Fadel Kanani said in an interview to a number of media, including (range Press),
 
 "The Front discussed the two options on the parliament session today, including participating in a session chaired a House of Representatives with the exception of Salim al-Jubouri, or participate in the hearing Kmaatardan."...

BGG says():Still a lot of political wrangling going on - BUT IMHO - the "alliances" against reform and progress are failing daily...
 
Dinar Dave says to BGG():You do know what the date is today???

BGG says():War: The pleading of the Federal Court on 29/5 made a judgment soon
 
BGG says():Follow-up / Iraq today - Confirmed the legal expert Tareq Harb said the hearing conducted by the Federal Supreme Court on 05.29.2016 was almost close to resolving the case and semi-close in favor of one of the parties to the proceedings at the appeal hearings of Parliament for the month of April 2016,
 
particularly after the agents parliament speaker presented photographs and CDs, documents and films attendees and non-attendees at those meetings are the subject of disagreement and the matter of the proceeding,
 
Which supports the point of view of the party and in exchange for that, the agents of the other party any front reformist and sitters to hasten to refute the conclusions reached and the agents of the other party so that said Mlhozathm these documents and share some MPs from the Reform attending mass, said the war
 
"where asked permission of Representatives of the Court to talk, and after the court authorized them spoke MP architecture Ihsanoglu one Governing Council of Representatives on the list that includes the signatures of Representatives, which exceeds the quorum here responded agents other party that signed something and the audience is something else...
 
BGG says():Here's the deal... (on this piece...)
BGG says):This Fed Court decision is a big deal...
BGG says():sounds like a lot of back and forth (again) - BUT...
 
BGG says():It appears as though they are very close to advertising their decision... those speaking for Jubouri had to resort to providing "HARD EVIDENCE" - (because all these d0@$c43 BAGS are ALL LIARS... and the SJC sounds like it will side with Jubouri.
 
BGG says():This is a classic battle between "the sitters" (aka - Maliki sycophants) and the Abadi GOI... the bad guys - who have been at the "trough of corruption" are having a terrible time letting to... JUST SELL ON LETGO!!
 
BGG says():Jubouri declared al-Jubouri, from the end of the legislative term and stands ready for any emergency session
 
BGG says():House of Representatives ended its session today in the dismissal of the current legislative to enter into the legislative Attlath which lasts one month after reduced from two months.
 
The House of Representatives held a special meeting chaired by Salim al-President of the Council and the presence of 161 deputies on Tuesday, to discuss the general situation in the country.
 
At the outset of the session Jubouri announced the second legislative term ends within the second legislative year on holiday today and according to the constitutional and legislative materials.
 
He commended the Speaker of Parliament to attend the House of Representatives and the role of the special parliamentary committee to hold the meeting in Hawwartha with the various parliamentary blocs, "noting that" the existence and meetings dialogues with a number of objectors Representatives Awalven within [Front reform] [Representatives of the protesters], where we have received positive signals to resume entering the meetings of the Council and to move the process of reform and activating the role of the Council. "...
BGG says():My commentary about this is really two-fold...

BGG says():1) What does he know - that we don't - leading him to leave open the option of an "emergency session"... that sounds pretty BIG... if you ask me.
 
BGG says():2) they want to get this reform process started SOON... approve the Cabinet and activate their role...
 
BGG says():this means the cabinet has relatively ineffective or non-existent for a while...
 
BGG says():BTW - there are only 2 ways to introduced new laws correctly - 1) via the CoM (the Cabinet) 2) via the PoR - Fuad Massoum (aka - worthless as 7!7s on a BULL)... :D
 
BGG says():so they really - really - really need this CoM to get approved, ACTIVATED and operational SOON.
BGG says():and it looks like they will.
 
Martha Sue says():will it just be for an extended period that will be the "special emergency meeting?" ... or as long as necessary to get it done??

Martha Sue says():hope that made sense?
 
Martha Sue says():I know it says they shortened the 2 month thing to 30 days ... and does it mean that they can have an emergency meeting at any time as needed during the next 30 days?
 
BGG says():It does.
Martha Sue says():DANG wish it would start at midnight tonight! :D
Martha Sue says():thanks BGG
 
BGG says():It's not an "official" emergency session - it's him telling them he is "ready, willing and able" to call them back at a moments notice.
 
BGG says):under the "emergency guidelines"...
 
Martha Sue says():and if they don't all show up when called for that emergency meeting ... do they forfeit because of not having a quoram?


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