Tidbits From KTFA Members Thursday Afternoon 3-31-16

KTFA:

Toyvp:  IMO….Since they normally RV there currency around the 15th of April and the 15th of September and according to IMF rules and regulations that they must have a 100% functioning and transparent government to hold International status they would then have everything in place around the 9th of April and could very likely announce on the 13th and go live on the 15th

Jay:  Agreed... They only did the september thing twice iirc.. Its been done 4/15 most of the time.

Zerb:  toy I concur...Christine Lagarde currently speaking in Paris on the monetary reform of many countries

IslandG1211:  I agree, and feel that the PTB set that date in the Fall after Iraq failed to make any progress on their own. Thus the LOI with the IMF in Dec, the U.S. military taking the lead on the fight to free Mosul and attack ISIS, the two clerics, the protestors, deal with Russia to take out ISIS, Iran deal, TPP, Vietnam getting off their fix exchange rate, etc. If Iraq can't realistically make the April date and they get the loans without conditions in June, we could be waiting until Sept or next April. Iraq has to have a fully seated government, laws passed and Mosul back. That's going to involve some arrests and replacements.
....

Naphtali:  What is sticking with my thoughts today is that statement made many times ---- articles are about 2 weeks old when we get to see them!!!  I appreciate how Frank gets information from his teams and then -BAM- the media releases the information in print in the not so distant future.  So JUST IMO.... there are no dates given in the articles, just days Like Monday, Tuesday, Thursday, Friday.... and number of weeks that are allotted to get things done.  So in the first article it says by the end of the month... MARCH maybe??? OH, That would be TODAY - Thursday?!?!?     Just maybe

Zerb:  keep in mind what Franky said monday night.....articles will be moving towards the present and not a 2 week delay. thank you for your insight

Walkingstick:  Deputy: Parliament Select 10 days to study the candidates for cabinet reshuffle

31/3/2016

deputy for the National Alliance said that the House of Representatives Select 10 days to study the biographies of the list of candidates submitted by the Prime Minister Haider al - Abadi in a cabinet reshuffle.

Said Harith al-Harthy told all of Iraq [where] that "the parliament select months for a change in the independent bodies and special grades and deputy ministers, military leaders and all the positions that are managed by proxy" .anthy

http://ift.tt/1PHZzAs

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OneWildRide:  Iraqi parliament postpones session until Saturday: state TV

Iraq's parliament postponed its session until Saturday after Prime Minister Haider al-Abadi presented a new cabinet lineup aimed at combating corruption, state television said on Thursday.

http://ift.tt/1M3Mp65

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Aggiedad77: Great posting this morning WS, this stuff on the corruption pertaining to the oil efforts in Iraq in particular.  Some of you old-timers here with us may remember the oil auctions (2-3 of them as I remember) that date back to 2009.....Shahristani and others were a huge part of those auctions.....something didn't ring right to me back then and it is all coming to light now....better late than never....what an all-encompassing scandal this is turning out to be for sure......you can run but you cannot hide.  Aloha   Randy

Walkingstick:  Major scandal ousted officials of power in Iraq, most notably al-Shahristani

Date: 03/31/2016

An investigation of the investigative Institutes Fbervaks Media and Haventgon Post largest bribe in Iraq in the oil its contracts which included high-ranking Iraqi officials, including the current Minister of Higher Education and Scientific Research, Hussain al-Shahristani.
The probe publication, on Wednesday, several media of the two institutes mentioned briefed him / information / that "a number of prominent names in Iraq that are directly related to this scandal, notably Higher Education Minister Hussein al-Shahristani, who was oil minister in the former government and the Deputy Prime Minister for Energy Affairs in the previous government, as well as the names Abdul Karim and coffee and oil minister in the previous government and Jafar al-Moussawi, the South oil company and Kifah Numan director who took over as director of the southern oil under former oil minister Thamer Ghadhban, as well as Uday Qurashi, a senior official at the South oil company ".

He added that the "deal of corruption included Basil Jarrah, an Iraqi resident outside the country and has extensive relationships with Iraqi officials present, which is a link between the Iraqi officials and oil company unaoil which owned a business from neighboring countries, based in Monaca," noting that "the company's role boils to communicate with the major oil companies across the world to ensure that their contracts in Iraqi oil fields. "

And explains the investigation that "the mechanism of contracts for the sale of Iraqi and tenders of oil to large companies through wounds and some of the oil companies," pointing out that "millions of dollars spent in bribes to Iraqi officials during the period between 2005 until 2014, some obtained by Shahristani and coffee directly in addition to bribes paid directly by the surgeon and other oil company officials to the smallest. "

He said the investigation published that "one of the contracts that the company has expanded it is the signing of a contract Hewanda company where he offered a company Hewanda pay seven million dollars if they wish to obtain the contract, worth $ 100 million, which is the thrust of a presentation by the surgeon to address the Hyundai," noting that "a bribe of seven million dollars part of which goes to the al-Shahristani and another person named Ahmed al-Jubouri, who was the link between the surgeon and al-Shahristani."

The investigation confirmed that "one of the messages said make sure the surgeon approval Jubouri to receive an amount of US $ million, compared to ensure the victory of Petrofac Company and SBM Dutch holding Garraf fields," noting that "the surgeon agreed to pay twenty million dollars for Jabouri in 2010 and 2011 to influence Shahristani Allaibi and to persuade them to grant a stake in the pipeline project for Leighton marine company. "
He noted that the investigation "in 2011 paid a bribe paid one of the largest in the history of companies valued at $ 16 million to win the support of al-Shahristani, in order to get a hold of the pipeline is estimated at $ 600 million." Finished / 25's

http://ift.tt/1M3Mrv0

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Doodlebug:  Balances News / publish the names of candidates for the new government Abadi

Balances News / publish the names of candidates for the new government Abadi
 
Abadi nominate Alaa Mubarak , the Ministry of Health ..
 
Abadi nominated Ali Allawi , the Ministry of Finance ..
 
Abadi nominate Hassan al - Janabi , the Ministry of Agriculture and Water Resources ..
 
Abadi nominate Yousef Majid al - Saadi al - Asadi , or the Ministry of Transport ..
 
Abadi nominated Ali al - Jubouri , the Ministry of Education ..
 
Abadi nominated by Sharif Ali Bin Al - Hussein of the Ministry of Foreign Affairs ..
 
Abadi nominate James Baldwin and fulfillment of the Ministry of Labor and Immigration ..
 
Abadi nominate Mohammed Nasrallah , the Ministry of Justice ..
 
Abadi nominate Akil Yusuf of the Ministry of Youth and Sports ..
 
Abadi nominate Abdul - Razzaq al - Issa of the Ministry of Education ..
 
Hoshyar al - Abadi nominated as minister of reconstruction and housing, municipalities ..
 
Nizar Salem Abadi nominated as oil minister ..

LINK

FrosyTheSnowman:

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Pastors Ed & Kat International Prayer Call Thurs. Night 7pm ET

International Prayer Call Thursday Night 7pm ET

641 715 3660    406878#
641 715 3659    406878#   recorded version

Well here we are end of Mar16 no, Many wondering what's going on? ring from the up down roller coaster. No one having the answer of where is it. We have decided to chase the giver not rumors and we have opened something here, for receiving daily blessings he is handing out is helping us keep cool and wait till it does happen. join us Shalom Shalom God Bless Pastors Ed & Kat heavenlyhealingministries.org Thanks Dinar Recaps for all your help

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Mnt.Goat Update: "45 Day Deadline for Technocratic Gov't" 3-31-16

Thanks GeorgeH for sending this to us today

MNT GOAT NEWS LETTER

Edition: UU6917               Dated: March 31, 2016
 
Title: “Quick Update: 45 Day Deadline for Technocratic Gov’t”
 
Hello Everyone,
 
Today’s news is mostly about the pressure and more of the same ongoing saga of the movement to the new technocratic government of Iraq. The prime minister Abadi has extreme pressure to show his list of candidates and submit them to parliament by today (Thursday) or it may even get violent in the green zone.
 
As you may know already the protestors have entered the green zone and now camp there.

The security forces guarding the green zone have been given warning not to favor and join the protestors (which is very, very likely to happen) and are on high alert.
....

We also know that part of Sadr’s demands upon the government (maybe not by Thursday but soon) is to bring to justice these high level corrupt officials (referring to Maliki and his stug goons).

Also we know Sadr’s had  come out earlier and stated he demanded that the CBI be cleaned up from all corruption too and the proxy governor also be replaced to a more technocratic position (and recommended Dr Shabibi return).
 
Now Iraq is seeing women demonstrators too with the country's plight is a result of the security and economic situation. They stand for the people of all factions hand in hand with Iraq to demand reform and the elimination of corruption. So if change does not happen soon this is going to get very large and messy.
 
NO Hype, NO Rumors, just the FACTS.

Today’s News
 
Today is Thursday March 31st   2016. Still no RV.  Sorry Charlie!  
 
[Update: 45 Day Deadline for Technocratic Gov’t]
 
Send House Speaker Salim al-Jubouri, on Thursday, sent one of his advisers to the cleric Muqtada al-Sadr in his tent inside the Green Zone, to persuade him to extend the "deadline."  Sadr refused to extend the "deadline".
 
The Roudao network media reporter, that the Iraqi parliament has decided to lift its meeting until further notice,

until the presence of al - Abadi. The Iraqi parliament session has begun, Thursday , March 31, 2016 in which

he decides to host Iraqi Prime Minister Haider al-Abadi, to provide a variety of new ministerial his booth.
 
Parliamentary source confirmed on Thursday that Prime Minister Haider al-Abadi, will present at today's meeting in Parliament two lists of candidates for ministers technocrats, one "comprehensive" and another as "nine ministers." The prime minister will come to parliament, bringing with him two lists, one comprehensive and nine other ministers, technocrats candidates for presentation to the parliament for a vote.  

The Kurdistan Alliance and the Union of Forces decide NOT to vote on the dismissal or replace any minister from their bloc.
 
Article Begins

Sadr Warns Iraqi PM He Will Seek His Impeachment Unless Reforms Begin Now
MARCH 30, 2016

ERBIL, Kurdistan Region – Muqtada al-Sadr, Iraq’s firebrand Shiite cleric, warned Prime Minister Haider al-Abadi to "stop giving futile promises" and start with grassroots government reforms if he wants to avoid impeachment.

"We advise the prime minister to stop giving futile promises," Sadr said in a message, convoyed by an official from his Sadrist Movement before supporters in Baghdad’s fortified Green Zone, where Sadr is staging a sit-in.

Sadr and hundreds of his supporters entered Baghdad's Green Zone on Sunday to stage a sit-in to pressure the government on reforms.

Sadr warned in his message that if the embattled prime minister fails to move on reforms, he would go to parliament to seek his impeachment.

He has also warned Abadi not to "blow your anger on peaceful demonstrators, since they have been legally waging their opposition. Rather, he better blow his anger at the corrupt” officials.

Abadi pledged on Tuesday that he would announce a cabinet reshuffle shortly.

"We promise all parties that the reshuffling of the government cabinet will begin soon," he said, explaining that "calls for reform should not worsen the security and stability of the government."

But Sadr has been pressuring Abadi to implement a wider reform package that would include replacing several ministers with apolitical technocrats, in a bid to eliminate patronage and corruption.

In one instance of the wide corruption that critics say is eating up Iraq, early this month auditors in the Iraqi parliament revealed that the defense ministry had spent $150 billion on weapons in the last decade but only a fraction of that had gone to buying weapons, with the rest gong missing.

Iraq’s defense ministry “is one of the most corrupt ministries,” the spokesperson for the parliamentary auditing committee, Adil Nuri, told Rudaw.

The auditing committee conducted an inquiry into three new arms deals of the defense ministry last month, according to Nuri. He said he found “that the ministry had signed $350 million worth of contracts with Eastern European countries but the inquiries showed that there has been a lot of corruption in the price and types of weapons.”

Sadr warns he will seek Iraqi PM’s impeachment unless reforms begin now 
 
Article Ends
 
[Update: Iraqi Corruption]
 
Article Begins
 
URGENT .. SUPREME COUNCIL OF CORRUPTION TAKES DECISIONS TO THE TRAVEL OF OFFICIALS AND THEIR PROPERTY AND THEIR MONEY
 
Wednesday 30-03-2016  
 
Twilight Leoz / chaired by Prime Minister Haider al - Abadi on Wednesday a meeting with the Supreme Council for the fight against corruption. 

He said Ebadi 's office in a statement, said that this meeting comes within the reform plans by the Prime Minister, where he was discussing the resolute actions that have been taken by the Council to prosecute corrupt, plans and strategies , which began to be implemented to reduce the phenomenon of corruption in the country.
 
He added that the Supreme Council for the fight against corruption has taken a number of decisions in this area, including:
 
1. support the Integrity Commission on the Prevention of travel officials who are under investigation procedures and based on the evidence available to it. 

2. support workers in the regulatory agencies (COI - Financial Supervision - inspectors general offices - judges - Monitor banking Directorate and credit) and provide them with protection. 

3. the Central Bank of Iraq competent financial institutions to monitor accounts and assets of officials and follow - up according to the law. 

4. charge a member of the Supreme Council for the fight against corruption in coordination with the competent integrity judge and investigator integrity concerned to speed up the completion of procedures relating to the resolution of large corruption cases. 

5 - Set a mechanism to check sources dealers entered the buying and selling of real estate. In addition to a number of other decisions of the actual contribution to fight corruption and prosecute corrupt and tampering with money Iraqis and put them behind bars.
 
Article Ends
 
[Update: Fighting ISIS]
 
Article Begins
 
IRAQ ARMY'S MOSUL OFFENSIVE STALLS IN FACE OF FIERCE FIGHTING, DESERTIONS
 
Campbell MacDiarmid, Special for USA TODAY5:29 p.m. EDT March 29, 2016
 
Thousands of desperate civilians were fleeing fighting on Monday on the new front opened by Iraqi forces against the Islamic State group south of the city of Mosul. Newslook
 
MAKHMOUR, Iraq — 
 
The Iraqi army soldiers smoked nervously as they described their ordeal. Sent to clear a village of Islamic State fighters, they found themselves pinned down by sniper fire. A few hours later, after 10 comrades were wounded, they withdrew.
 
“We need to get new uniforms,” soldier Ali Basra, 22, said, pointing to torn and blood-spattered fatigues. “But we'll return to take the village.”
 
Last Thursday's mission was supposed to be a simple operation to harden untested Iraqi army soldiers: clear villages held by Islamic State fighters before crossing theTigris River to retake the larger town of Qayyara, home to an airfield and oil fields. Their longer-term goal is to clear the way for a future push to reclaim the extremist group's stronghold of Mosul, Iraq's second largest city.

Instead, it proved to be a slog because of heavy rains, tougher-than-expected resistance from the militants and reports of the low morale that has dogged the Iraqi military ever since the Islamic State swept into Iraq in 2014.  The stalled operation underscored just how difficult it will be to dislodge the militants from Mosul.
 
USA TODAY

Iraq announces start of operation to retake Mosul from ISIL

While the U.S.-led coalition supporting the Iraqi forces says the operation is unfolding according to plan, Kurdish fighters question the ability of their Iraqi army partners to free Mosul.
 
A Iraqi family fleeing the violence in the northern city of Mosul arrives at a Kurdish checkpoint in Makhmur on March 26, 2016. (Photo: Safin Hamed, AFP/Getty Images)
 
“After the first day, the Iraqi army was unable to take a single meter of (Islamic State) territory successfully,” Kurdish Col. Mahdi Younis said at an outpost here, 70 miles south of Mosul. “No one should expect the least success from the Iraqi army. They have no will to fight.”

On the desk in Younis' office lay a pile of cellphones taken from Iraqi soldiers stopped at a checkpoint. “Deserters,” he said.
 
Outside in the hallway, 10 men in civilian clothes crouched against a wall. “These are the lions which escaped,” joked Kurdish fighter Mohamed Jasem as he watched over them.
Coalition officials said such criticism is premature. “We believe that the Iraqis have performed according to the plan that they've set,” said coalition spokesman Col. Steve Warren. “The Iraqi army, we believe, is improving every day.”
 
Michael Knights, an authority on the Iraqi military at the Washington Institute for Near East Policy, agreed, calling the Iraqi army's inauspicious start nothing more than a “wobble.”
 
“It is worth remembering that the Peshmerga (Kurdish fighters) were completely driven out of this area in the late winter of last year," Knights said. "Now the Iraqi army is facing the same challenges trying to push forward into the same terrain.”
 
Iraqi soldiers fire mortar shells as they hold a position on the outskirts of Makhmur March 26, 2016. (Photo: Safin Hamed, AFP/Getty Images)
 
The Iraqi army “had some tough fighting,” said Knights. “Give it some time for these units to gain their balance.” When the operation began Thursday, soldiers from the Iraqi army and Sunni tribal fighters advanced to retake three villages held by the Islamic State with air support from the coalition, artillery fire by U.S. Marines and logistical support from the Kurds.
 
By Saturday, the Iraqi soldiers were bogged down outside the strategic hilltop village of Nassrash, where suicide bombers killed at least seven soldiers. The next day, rain turned the area's dirt roads into quagmires and cloud cover prevented coalition jets from providing effective support.
 
Iraqi commanders declined to comment on the operation or allow reporters near the front lines, but many Sunni Arab villagers displaced by the fighting were critical of the mostly Shiite Iraqi army.

“The Iraqi army came to take their revenge on us because of our ethnicity,” Sheikh Ahmed Khalaf Hamid said at a processing center holding 2,000 displaced villagers.
 
He accused Iraqi army units of burning and looting homes, shooting livestock and firing indiscriminately at civilians, possibly killing two of them in the crossfire with the Islamic State.

“The way they treated us was no better than the way ISIS did,” Hamid said, using an acronym for the extremist group.
 
This week, commanders were waiting for the weather improve before advancing.
“Our forces are surrounding Nassrah village,” Sheikh Fares, leader of the Sabawi tribesmen fighting alongside the Iraqi Security Forces, said Tuesday. “In the next two days the village will be freed completely, God willing.”
 
Article Ends
 

Most importantly please, please, please let’s not forget to keep praying for the success of THESE IRAQI AND COALITION SOLDIERS. I believe our prayers are in part some of the acceleration of the process we are now witnessing.  
 
Remember too to pray to the princess of peace – Our Blessed Virgin Mary. She has the ear of Christ and she can intercede in heaven and bring us the peace we all desire here on earth. We can not do it alone.

I believe that if we all make this our daily prayer you will see change. It is already working even in the short time since I have been publishing this prayer section. It does not matter what religion you believe, if you pray then to your oven beliefs entity it is still the same powers and good for all of mankind. Ultimately it is all the same God anyhow.
 
“Lord, protect Abadi and all who stand with him in righteousness, the Iraq and coalition soldiers who are fighting the good fight against terrorism, that they would be shielded from the enemy and would be victorious against them in the battle for Mosul! We ask that the victory comes swiftly and healing of the Iraqi peoples and all whom have been effected by these evil doers can begin!
 
We pray for the process of the currency reform, the full implementation of  the Iraqi economy to full  international status and the bringing of prosperity and wealth to its people“  Amen!
 
Till next time…. Auf Wiedersehen!
 
Peace and Luv To Ya All, 

Mnt Goat

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More News, Rumors, and Opinions Thursday Afternoon 3-31-16

WSOMN:

AdminBill:  NEWS INFORMATION - Starting April 1st Commercial Banks In Vietnam Are Banned From Offering Corporate Loans In Currencies Other Than The Dong. Starting April 1, commercial banks in Vietnam are banned from offering corporate loans in currencies other than the Dong, according to Circular No. 24 the State Bank of Vietnam (SBV)....

Turtleisland1:  Internally, vietnamese peeps have been using gold for quite sometime to conduct COMMERCE... ( per news article)

JanMan:  AdminBill or anyone that can answer, what is the latest information re​garding China’s president visiting the U.S. today (Thursday 03-31-20​16)  LINK

We were told that it is RV related as he is the mouth piece for the ​elders to make sure things are completed.
....

**sparke :  Speaking now from his tent just inside IZ entrance @Mu_AlSadr , Calls end to sit in at IZ gates, organised withdrawal. Calls for weekly Friday demonstrations to pressure parliament to accept new cabinet, Called PM decision brave. Warns parties if they don't approve Sadrists will topple govt

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Angel:   FBI And Justice Department Probing Huge International Bribery Scandal

The feds are working with Australian and British investigators to investigate Monaco firm Unaoil and its partners

.The FBI, U.S. Department of Justice and anti-corruption police in Britain and Australia have launched a joint investigation into revelations of a massive global bribery racket in the oil industry.
 
The news comes as Fairfax Media and The Huffington Post reveal that U.S. giant Halliburton and its former subsidiary Kellogg, Brown & Root are embroiled in theUnaoil bribes-for-contracts scandal through their operations in former Soviet states.
 
The biggest leak of confidential files in the history of the oil industry also unveils rampant corruption inside Italian oil giant Eni in many of the countries in which the firm has been contracted by national governments to manage their oilfields.
Texas firm National Oilwell Varco, Singapore conglomerate Keppel, Norway’s Aker Kvaerner and giant Turkish joint venture GATE also are implicated.
 
Information from hundreds of thousands of emails to Unaoil’s chief executive, Cyrus Ahsani, show individual executives and managers from Halliburton and Kellogg Brown & Root, which split in 2007, knew or suspected that Unaoil was acting corruptly to win contracts in Kazakhstan.
 
Managers from Eni, Spanish Firm Tecnicas Reunidas, French firm Technip, drilling giant MI-SWACO and Rolls-Royce not only actively supported bribery, but were offered, or pocketed, their own kickbacks. And U.S. defense giant Honeywell and Australian firm Leighton Offshore agreed to hide bribes inside fraudulent contracts in Iraq.
 
Companies approached by Fairfax Media and The Huffington Post about their contracts with Unaoil have emphasized their strong anti-corruption policies and have committed to investigating their dealings with Unaoil.
 
Unaoil denied any corruption.
Police begin probes, face questions about past failings
 
The U.S. Department of Justice, FBI, U.K. National Crime Agency and Australian Federal Police are now jointly investigating Unaoil and some its multinational clients. The probe is likely to be one of the world’s biggest, given the number of companies and countries involved.
 
The leaked Unaoil files show that in the Middle East, Unaoil bribed two Iraq oil ministers, Iranian oil chiefs and the right-hand man of Muammar Gaddafi’s son, among others.
 
Questions are emerging about how Unaoil operated for so many years with impunity, using bank accounts in New York and London to launder funds and pay bribes from 2000 to 2012, and possibly more recently.
 
Unaoil has its headquarters in Monaco and is controlled by the wealthy Ahsani family, led by patriarch Ata Ahsani and sons Cyrus and Saman.
 
The trio all have British passports. Many of Unaoil’s crooked deals were organized  in London, or used U.K. and U.S.-linked middlemen, bank accounts and shelf companies. British authorities appear to have been in the dark about Unaoil and the Ahsanis, who also operate a London property investment company. The British foreign office has even assisted Unaoil overseas, giving Unaoil and its executives briefings and support.
 
The Ahsani family, meanwhile, has mixed freely with the elite political and business crowd in Britain and elsewhere in Europe. Saman Ahsani sits on the board of an Iranian NGO in London, alongside former chancellor of the Exchequer Norman Lamont. The Ahsanis host charity events with Prince Albert and Princess Caroline of Monaco, and have paid Prince Albert’s good friend, Mike Powers, to sit on Unaoil’s advisory board.
 
There is no suggestion that Powers, Lamont or the Monaco royals were aware of Unaoil’s corruption.
The Caspian states
 
To win contracts for its clients in Kazakhstan, Unaoil paid multiple bribes to Eni and Kazakh officials overseeing tenders in the giant Kashagan oilfield and elsewhere.
 
It appears from the leaked files that senior managers from Kellogg Brown & Root, or KBR, were pushing Unaoil hard to win favor. One email written from a KBR manager told Unaoil to concentrate its efforts on “a good spaghetti house” and “a little shashlick.”  The code refers respectively to the officials from Italian company Eni and the Kazakh government who were overseeing the contracts KBR wanted to win.
 
The leaked files show Unaoil sought to corrupt a number of influential figures, including senior Eni manager Diego Braghi and Kazakh senior official Serik Burkitbayev, to give its clients an advantage over rival companies.
 
Unaoil used the same formula in neighboring Azerbaijan, where KBR also paid it millions of dollars to help it win contracts. A leaked KBR file said Unaoil’s key middleman in Azerbaijan was “very close to the President and his family ... [and] has an access to every office in the country”.
 
This middleman, Reza Raein, received millions of dollars from Unaoil in multiple bank accounts. In return, he leaked highly confidential information from senior Azeri government officials to Unaoil, which was fed back to its multinational clients.
 
Unaoil also sought to build its shady empire in Turkmenistan and Uzbekistan, including by liaising with a middleman who promised access to “the company of the [Uzbek] President’s daughter, Gulnara Karimova”.
 
 http://ift.tt/1UWeZZO
 
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TNT:

BHisham:  For what it is worth....Tlar makes a very encouraging point… "...Iraq has achieved transparency and banking wise is now qualified to enter Article VIII. I think we will see it very soon. So in my mind as interesting as the politics are, they won't stop the opening of the Iraqi economy. Iraq's banks are ready. Investors are lined up. All the signs are there that this is about to go down. "

Daz:  Iraq's parliament postponed its session until Saturday after Prime Min​ister Haider al-Abadi presented a new cabinet lineup aimed at combatin​g corruption, state television said on Thursday. http://ift.tt/1VVRrUk

Harambe:  Emerging-Market Currencies Head for Record Month as Stocks Rally http://bloom.bg/1TjZGsG

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WingIt:

TomTomE:  FOLKS....EVEN THOUGH WE GET TIME LINES, PLEASE TRY NOT TO LET YOUR EMOTIONS GET THE BEST OF YOU...I KNOW IT HARD TO DO..BUT TRY. TO ME TIME LINES IS TO CATCH MORE BAD PEOPLE. WE HAVE ALWAYS HEARD THAT WE WILL BE SURPRISED WHEN IT HAPPENS

Blessed2bless:  TOMTOME I agree with you! When I hear of more arrests...or banks caught supporting funds to the I. people...I can wait longer. Praying for discernment and wisdom for those that are doing good deeds on our behalf!

Appaloosa:  GERRY SAYS RELAX - HE HATES THIS - BUT WE ARE STILL ON TRACK

Mangelo:  My Wealth Manager sent an email to me today: Eight Steps to Protect Yourself from Financial Fraud What would you do if the IRS, Medicare or Social Security called you, requesting payments or personal information? What if you received an email from a worthy-sounding charity asking you to click a link and make a donation? If you wouldn't think twice, and then hang up the phone or delete the email, you could be risking your financial well being.

KTFA:

Walkingstick:  Deputy: Parliament Select 10 days to study the candidates for cabinet reshuffle
 
31/3/2016
 
deputy for the National Alliance said that the House of Representatives Select 10 days to study the biographies of the list of candidates submitted by the Prime Minister Haider al - Abadi in a cabinet reshuffle.
 
Said Harith al-Harthy told all of Iraq [where] that "the parliament select months for a change in the independent bodies and special grades and deputy ministers, military leaders and all the positions that are managed by proxy" .anthy
 
http://ift.tt/1PHZzAs
 
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Samson:  Border crossings: 36 billion revenue for the three months

The head of the Interior Ministry's border major general Samy, Thursday, the arrival of border revenues to 36 billion Iraqi dinars within two months.

He said Sudan/News/balances, "border revenues reached the first month up to 1/3 to 36 billion Iraqi dinars within two months", adding that "these revenues into the State Treasury, Ministry of finance.

He added, "there are some ports is down but these revenues included Central and southern ports."

The parliamentary Finance Committee, earlier, about corruption in large border where some change tariff rates for imported materials customs to mas'alah Iraq.  LINK

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Walkingsticck:  US official hints at allowing Iran to deal in dollars

Thursday, March 31

WASHINGTON: US Treasury Secretary Jack Liu seeks as it seems to pave the way for allowing Iran to deal in dollars , despite stiff opposition from Congress after the historic agreement signed with the West last year to curb its nuclear program in return for lifting the sanctions. In a speech in Washington, the American minister warned against excessive use of financial sanctions, which could weaken the role of the United States and the dollar in world markets.
 
He told the Carnegie Endowment for International Peace "We must be aware of the risks involved in the excessive use of sanctions, which could weaken the leadership position in the global economy and the effectiveness of the sanctions themselves." On the other hand we must not get carried away "easily" behind the sanctions.

The minister acknowledged that Washington must be "ready to ease sanctions when you give a result" despite the fact that it is difficult in the case of Iran. After the historic agreement signed in July 2015 between the major powers to lift the related sanctions, Iran's nuclear program, Liu stressed that Tehran was "committed to its promise."
 
He added that in contrast, the responsibility of the United States' commitment to its promise. " At the same time Jack Liu reiterated that the sanctions are not related to the nuclear issue against Iran and related supporting terrorism and regional instability "still exist." He stressed that the US administration has interpreted to foreign business circles that can be done in Iran, referring implicitly to the European banking concern in particular.

 Ray Marek Dopoviz expert at the Defense of Democracies Foundation that the conflict of the minister's position suggests that the US administration is preparing to carry out "major concession to the Iranians by allowing them to conduct transactions in dollars," a change that will be meet stiff opposition in Congress. He said in response to questions from AFP, "It is clear to me that the administration seriously consider the issue of allowing Iran to use the dollar in commercial transactions." Battle in Congress slit basic respect to indirect transfers currently prohibited, which allows banks to Iranian and foreign remittances in dollars.
 
These transfers banned in November 2008. In the last week warned the head of the Foreign Affairs Committee in the House of Representatives Ed Royce in a letter to President Barack Obama that some permits could allow carry out these transfers in dollars. Marc Dopoviz and see that the tone of the Exchequer, "opens the door to ease restrictions in the future" while the Government of the Islamic Republic take on the United States not lifting sanctions, "only on paper".

He accused the Supreme Leader of Islamic Republic of Iran, Ayatollah Ali Khamenei last week in Washington "not to respect its commitments," stressing that Europe is reluctant to do business with Iran, "fear" of the United States. But according to Patrick Clawson, director of research at the Washington Institute specialist on the Middle East, the Treasury secretary's remarks reveal "an internal political battle with Congress." He saw the open door to ease sanctions on Iran "would be difficult to manage."

And the intervention of Secretary of the Treasury not only aims to "prevent Congress from imposing new sanctions" against Iran. He stressed that if the administration considered "that has a problem with the sanctions regime and the difficulties in the filed after the state's commitment to the pledges, they should talk about Burma, for example," recalling that many of the sanctions are still imposed on this country, despite the democratization process
 
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Reader Thoughts On New Age Socialism & The End Of Debt-Based Money Creation Part 2 of 2

Thoughts On “New Age Socialism & The End Of Debt-Based Money Creation
 
Excitableone       Like you said, problem created, solution provided. We are begging for a solution to a problem that was created by the same people who will be providing the “newer, better solution”. Mankind needs to simplify overall. Get more local, more family. “Money” needs to go away. That is our solution
 
Marioa       socialism and capitalism , meshed together. Sounds like Frankenstein. Good always negates evil , so it’s my perspective that capitalism (good) will outshine Socialism(evil) and we’ll be left with a capitalist world where everyone controls their own destiny .
 
Unless it’s coerced upon the population then it will be a new dark age.
 
Just doesn’t seem right to me . I was surreal to hear the leader of the free world say there is little difference between the two. How’s socialism working out in Valenzuela , Cuba and Nicaragua ?

Speedspirit      The rich get richer and the poor loose any chance of becoming rich. Instead the poor and those without jobs will become artist, for man must express himself. Those who get lost and distracted by lesser human emotions will perish.
 
Dane     And as the cultured sects of humanity gravitate to art perhaps these future artists will find impossible wealth from the very folks who have been condemned by the poor. Wouldnt that be a twist of fate. But the circle is there.
 
Good perspective speedspirit. Also in nature the weak animals usually fall behind and are eventually left behind if they can’t find the strength to keep up. The whole is more important than the individual it would seem. That doesn’t mean society in its current state of fear is running in the right direction or at a humane pace though. The river runs were the river runs.
 
Archivesdave      One ‘Black Swan’ that u seem to be overlooking: A full blown Global War, (hopefully not nuclear)!
 
JC Collins      Not overlooked. Has been written about here extensively. There will be no global war between nations.
 
Tezcatlipoca     JC,   What you have described in this article, quite accurately IMHO, is part of the accelerating and overarching process of the implementation of global governance over all aspects of human life.
 
In the monetary sphere, as in all others, what we are witnessing is the complete and total takeover by unelected, unaccountable global institutions such as the BIS and IMF, through a multilayered dialectical process.
 
The current global political monetary system’s thesis, private issuance of the currency and credit through private banking, and its antithesis, state control of the monetary system, possibly through public banking, has led inexorably to the undesirable synthesis of global centralized monetary control in the hands of the ever fewer.
 
Obama’s recent comments on there being little difference between capitalism and communism serve to highlight this ongoing process. The demand for change, as part of the Hegelian dialectical process, as you correctly point out, “is one of the fundamental injection points for the new age socialism which is emerging.”
 
Unfortunately, ‘new age socialism’ = totalitarianism and therein lies the rub and challenge for us all.
 
Dane    But how do we create these institutions with elected officials without added government for the election process? Only government officials are elected by the people.
 
Tezcatlipoca     Dane,    That’s exactly the point. The dialectic, as applied to the global monetary system, keeps us thinking in either/or mode in terms of what choices we have and leads us to the undesirable synthesis I’ve described. More ‘government’, whether so-called democratic or authoritarian, is not going to get us where we need to go.
 
In order to imagine a synthesis which increases human freedom we should be thinking beyond the choices presented to us and that is now finally happening. For example, these very issues are being discussed everyday in the cryptocurrency world where systems are open-source and decentralized.
 
Dane        I’m thinking along these lines but wondered if you had suggestions to spark a line of thought.
 
How would an election process be born from an open-source type of format? I can kind of tie it to a form of capitalism in that the peoples participation or purchasing faith in the produced product dictates its success or failure. Is this sort of in line with your thinking or am I going in the wrong direction?
 
Only with that line of thinking we see societies have given away this purchasing power and marched onto the steps of government to fix the products they want. This leads to higher prices for the consumer but they seem to not mind because they keep purchasing and marching.
 
But the scary part of open-source is when that code is in robots or AI. With all the deficiencies remaining in the collective human complex what will keep these defects in balance?
 
I’m thinking the VW computer issue is a robotic brain that just lied. And the google self driving car that is winning its legal battle for the right to get a drivers license.
 
Susan       What about the biosphere? How does that fit in? And will the geoengineering stop once global Socialism is achieved?
 
Mark       Don’t really know what you’re saying here.
 
Because I can’t believe banks will willingly give up their ability to create money from nothing… unless they’ve got bigger fish to fry, like a more efficient way to suck money from the masses.
 
From where I sit the most successful participants in present day economies are all criminals. They flout the law and even when caught ‘suffer’ only minor cost and simply go about their criminal activity… banks being the most egregious example of such activity… not that I know this personally, just from my reading of the situation.(most recently made clear by William Black interview on USAwatchdog.com)
 
Guess I need more understanding, what!!!
 
hugovictor54     Dear J.C.:  It is amazing to what extent people will go in order to live when in fact they know or should know that they will die. Why all of the effort?   Jack
 
Dane      Jack your comment touches my heart. We live to experience the beauty of nature and life itself. Not for money to buy all this stuff we see in the world today. It’s a sad day when societies children are asking how they can stop fearing death. Why do they think of death at such a young age when they are supposed to be thinking they are invincible?    The Empty Pickle Jar—A Lesson On Life  https://www.youtube.com/watch?v=gG66ukvwBxg
 
Dane      Oops wrong video but still a good one. This is the video I meant to post.
How shall I be rid of the fear of death?  https://www.youtube.com/watch?v=jfo7-cWA65s
 
John John      News from Cobra and Resistance Movement concerning the esoteric side of change are on line:      http://ift.tt/WWpWw3
 
A sudden event is under preparing in order to trigger the change of the financial system and planetary liberation:     http://ift.tt/16WRsKh     Be prepared!   With kindest regards.
 
John John    This is what you may expect in the financial domain after the unfolding of the sudden Event:    http://ift.tt/1RN1CHP
 
Chili Palmer       Meanwhile, the Chinese keep snapping up US assets:
 
http://ift.tt/1VTs1a6
 
neal poole        Great post!  I’m a bit skeptical about the part where commercial banks loose the ability to create money out of deposit slips.
 
Positive money is campaigning for the power to create money to be used in the public interest and they’re gaining some traction. But what evidence suggests this solution will be part of the multilateral synthesis?
 
Speedspirit      JC you allowed John John to post that information that cannot be verified and the author admits to LSD use which I gotta believe has affected his reality.
 
JC Collins      Yes, I did allow it, knowing that readers here would laugh it off. The whole Cobra galactic whatever thing is so silly it simply serves as cheap entertainment dressed up as non-fiction.
 
Pedrofalls      I want to begin this post with a heart felt thank you for JC and all the POM contributors. I came to POM about a year ago. Since then I’ve gone back to POM’s day one, and read and watched everything available to non-subscribers, at least two times and in many cases as much as ten times. Everything, and that includes all comments and many of the links provided by the contributors.
 
I’m satisfied that process has greatly improved my level of knowledge and has provided me with a much wider world view than most of the other sites I visit put together. And for that I say thanks to each and everyone of you. 

Now, with all the above mentioned posterior’s well inflated with smoke. please allow me to blow some up my own. On Jan. 28, 2016 I responded to JC’s post of Jan. 18, 2016, UBER COOL (FREEPOM) with this post.
 
‘Very interesting. I wonder if some of the dynamics being discussed here aren’t cause for what I see as start seeds beginning to germinate themselves during this current presidential election cycle.
 
To simplify, not for anyone’s benefit but my own. If it should come down to bull moose capitalist Trump, versus, pinko commie peace freak Sander’s. Wouldn’t we be witnessing the birth of a political debate brought into sharp relief by these widely different world views? And wouldn’t that be a good thing?’
 
The fact that it only took JC two months, and a blatant statement by Obama to catch up with my thinking,only proves the colloquial ‘great minds think alike’ well applies. Now that’s funny, I don’t care who you are that’s funny. To be clear, the joke lies between my ego and self deprecation. So, hehehe.
 
To elaborate, it is Trump and Sanders who are able to draw crowds of 10 and 20 thousand plus to their rally’s. I’m not prepared to offer any definitive’s on what this means in it’s entirety. However I feel safe, suggesting the changes being discussed here today, can and will come about with a stunning speed.
 
I don’t know if the road is headed in the best direction. I see a road full old pot holes, new speed bumps and chicane. Destination a traffic circle, or perhaps better said, a centralization.     At the risk of being redundant. Thank you POM.

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​Reader Thoughts On “New Age Socialism & The End Of Debt-Based Money Creation Part 1 of 2

​Thoughts On “New Age Socialism & The End Of Debt-Based Money Creation
 
Steve      Thank you for your analysis. After ten years in banking my view is that the main factors determing money creation in a bank is the risk level of their loan portfolio (as measured by Basel 1-3) and the bank’s funding cost (senior debt and covered bonds).
 
Deposits are the bank’s debt to their customers and usually not a significant driver. Money are created by issuing a loan, as explained simply but clearly in this bulletin from Bank of England.
 
http://ift.tt/1cQhEQx
 
Are you expecting commercial banks to lose their money creating priviliges in the “new age”?
Kind regards,    Steve

Dane     Wow JC great essay and presented with a sense of responsibility. Great work!
 
“The onset of robotics and AI technologies will further release man from the long hours of labor. This will fundamentally alter the existing relationship between capital and labor.”
 
So what will man do with all this spare time?
 
Paul O. Neil        JC gives you his view of the future of monetary creation while labeling us both ignorant and indolent. He’s abs correct that the lemmings actions are created by our greed while he charges 150/ year to buy into his philosophy. POM, cute,
 
Just another loophole finder to get your money. Allowing more greedy humans to find the “loopholes of the future”.
 
Socialism breeds indolence; laziness. Wake up you lemmings. Get out of line or else the cliff is imminent!
 
JC Collins     Paul O’Neil, you correctly state that socialism breeds indolence and laziness while lambasting me for expressing the most fundamental function of capitalism – expecting honest remuneration for hard work. You are in fact supporting socialism with such actions.
 
And you can’t even get your numbers correct. It’s $120.00 for a full year, not $150.00. You have completely discredited yourself here on this site with your lack of attention to detail and facts, while not understanding the fundamental differences between socialism and capitalism. Organize yourself before taking another run at discrediting me.
 
Dane       “JC gives you his view of the future of monetary creation while labeling us both ignorant and indolent.”
 
Paul JC has never excluded himself from the rest of humanity here on POM. This statement is ignorant and assinnine as ignorance is curable and the POM community is doing a great job of helping me rise from this ignorance.
 
“He’s abs correct that the lemmings actions are created by our greed while he charges 150/ year to buy into his philosophy.”
 
So a minute ago you and I were ignorant and indolent but we’re not lemmings? What’s a lemming since your the one calling names?
 
And the yearly fee is quite acceptable to me. But please Paul don’t follow me over the cliff because you might find something amazingly unexplainable.
 
Furthermore, you know nothing of my character because you can’t see into the spirit of the comment you replied to. You in fact showed exactly what the majority of man will do with this spare time. Shame on you. Misery always loves company. Sorry I’m not biting and the other fish you were trying to catch now know your motives.
 
JC has always included himself with humanity. Check his wording of “we” this is usually inclusive not exclusive.
 
As long as I’m giving God what is his than my conscience is clear. Remember what Jesus said to the Pharisees about paying Cesar and paying God?
 
“Matthew 22:15-22New International Version (NIV)
 
Paying the Imperial Tax to Caesar
 
15 Then the Pharisees went out and laid plans to trap him in his words. 16 They sent their disciples to him along with the Herodians. “Teacher,” they said, “we know that you are a man of integrity and that you teach the way of God in accordance with the truth. You aren’t swayed by others, because you pay no attention to who they are. 17 Tell us then, what is your opinion? Is it right to pay the imperial tax[a] to Caesar or not?”
 
18 But Jesus, knowing their evil intent, said, “You hypocrites, why are you trying to trap me? 19 Show me the coin used for paying the tax.” They brought him a denarius, 20 and he asked them, “Whose image is this? And whose inscription?”
 
21 “Caesar’s,” they replied.
 
Then he said to them, “So give back to Caesar what is Caesar’s, and to God what is God’s.”
 
22 When they heard this, they were amazed. So they left him and went away.”
 
http://ift.tt/1SphMou
 
 
Thank you JC for both posting this comment and exposing it’s ignorance.
 
Chili Palmer      JC gives away a lot of his good content for free
 

Llstudent    Links regarding AI and Robotics; of which some show dark underbelly of “will further release man from the long hours of labor. This will fundamentally alter the existing relationship between capital and labor.”
 
http://ift.tt/1qdpeMV
 
 
http://ift.tt/1R1bOMH
 
 
http://ift.tt/1Q1knGF
 
 
http://ift.tt/1QVIdBd
 
 
http://ift.tt/1UMNa55
 
 
http://ift.tt/1SBQ2Bi
 
 
http://ift.tt/1mEDcFa
 
 
http://ift.tt/1THLcnJ
 
 
http://ift.tt/1QC1avD
 
 
http://ift.tt/1XPyeTo
 
 
http://ift.tt/1Oumimu
 
 
http://ift.tt/1OMwp9s
 
 
http://ift.tt/1IuA5nb
 
 
Above links posted on my group:
http://ift.tt/1M3kwv7
 
 
Reinier     They are the unemployed serfs
 
Patrick     The lucky ones will flip burgers and the rest will starve.
I wish that I could share the optimism of “meant to accommodate the expansion of man’s creative and spiritual “sovereignty”.” but however those that rule lust for power and that power comes at the expense of our personal sovereignty.
 
JC Collins       Machines will flip burgers. Man will need to get more creative.

Part 2

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