Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

Leaderboard

Popular Content

Showing content with the highest reputation on 07/19/2015 in all areas

  1. Harshly worded disdain. I think what will come out is the fact McCain is nothing but a NWO tool. While John may have been at one time a very brave individual, he has since sold his soul for a couple pieces of silver. His wife, born to parents in the CFR, inherited the Bud beer distributorship when they died. Since becoming a politician McCain has been nothing but a RINO. His entire platform when running for POTUS was to be as identical to the obviously failed Bush as possible. Everything that McCain does is collectivist. He may make constitutional sounds, but that's only to deceive the morons that keep putting that POS in power. I have said many times, John McCain is a dirtbag. I respect his record as a pilot, but that is not the same person you see today. Today, the only sacrifice coming from John McCain , is that he is gleefully sacrificing YOUR rights, and YOUR country, in order to serve HIS puppet masters. I think Trump may have said it better, but in truth, any conservative will tell you, John McCain is NOT republican, he is a RINO globalist, and he should have been put out to pasture a very long time ago.
    4 points
  2. Well, they know what they have to do to change the current value of the Dinar, RV the darn thing!!!!! Morning Yota, much appreciated.
    4 points
  3. 4 points
  4. If you back off the members will get "Luigi Withdrawals" They'll be saying has anyone seen or heard from Luigi? Is he ok?
    3 points
  5. Here this O, bite me ! I would rather live in the woods like a wild animal than to take one handout from you ! "Me and my kind don't need to be fed like a captive animal in a cage". There, now I feel better ! Lol
    3 points
  6. Thank you Yota! They should just put a bounty on the ISIS much like they did with the wolfs in Texas many years ago, it wouldn't take long. But I am happy that they are making progress against these heathens. GM DV!
    3 points
  7. The New York Times published an article that has re-ignited a 12-year-old debate: Was then-President George W. Bush right about Iraq? The report examined U.S. service personnel's encounterswith abandoned chemical weapons in Iraq – and some conservatives were quick to pounce on the story as evidence that claims by Bush in the lead-up to the war that Iraq possessed weapons of mass destruction were true and that the United States' 2003 invasion was justified. The article by Times reporter C.J. Chivers focused on U.S. soldiers who suffered from exposure to the sulfur mustard and other nerve gases which emitted from the bombs. According to the story, about "5,000 chemical warheads, shells or aviation bombs" were found scattered across Iraqi soil. The U.S. government buried the cases from both the public and the troops. As a result, injured soldiers did not receive proper medical treatment.
    3 points
  8. We should call the rumor section the "Luigi's Rumor Section". He's our rumor newshound. Always on the prowl as to what the latest gossip or rumor is. What do you all think?
    2 points
  9. CNN. Broadcasting While Slowly Filling A Garbage Can With Beer Bottles ! (by walkingstick) Foreign banks ignite an oil war in Iraqi Kurdistan Posted on July 18, 2015 by Editorial Staff in Finance & Banking, Oil & Gas LONDON,— One of the most annoying aspects of the Greece/ Grexit story over the past several months is the pretentious use of military metaphors by a collection of soft-handed politicians and commentators. Attending meetings in Brussels is a “war”. Facing television cameras is a “battle”. Just to be clear: issuing a disagreeable statement is not the same thing as killing a person with a rifle, and being the object of parliamentary derision is not the same as being hit by a bullet or a bomb blast. Sometimes, though, financial operations are part of a real war. Take the reconnaissance operation, or roadshow, undertaken last month in London by Deutsche Bank and Goldman Sachs to prepare international bond investors for a note issue by the Kurdistan region of Iraq. Thetwo banks were listed as joint lead managers in a 109 page “preliminary private placement memorandum”. The coupon, the bankers indicated orally, was intended to be around 11 to 12 per cent, and the initial offering would be between $500m and $1bn. That interest rate would be 300 to 400 basis points more than the 8 per cent level where the Republic of Iraq’s existing $2.7bn bond due in 2028 has been trading. Ordinarily this would be a smallish international issue by a sub-sovereign borrower that was priced to sell in a yield-hungry market. The Kurdistan deal, and the managers’ handling of it, though, provoked anger in the Iraqi central government in Baghdad and a seething fury among those who have been preparing the Iraqi government’s own forthcoming multibillion-dollar bond issue. As one of them said: “We were trying to do a real deal for the republic, and then [the managers] come along like a garbage can full of beer bottles.” What makes this different from the usual commercial differences of opinion is that the central government of the Republic of Iraq and the Kurdish region are fighting a war to the death with Isis. Both are short of ready money. It is inarguably a real problem for the rest of the world if they cannot pay for their operations and Isis gains ground. So any international financing operations here should be done in a professional manner. Even some of those who were involved in the Kurdistan deal now concede that there were problems in how it was handled. In one participant’s words: “We stand behind the narrative of what was in the document . . . of course since then the narrative has shifted. We have no interest in getting into something that will cause major conflicts between Baghdad and the Kurdistan Regional Government.” But they did. The “narrative” that supposedly “shifted” right in the middle of the roadshow was the Kurdistan government’s open reporting of international oil sales that did not go through the central government’s State Oil Marketing Organisation. The KRG asserts that it has the right to export oil from fields that have been developed by companies with whom it has production-sharing agreements. The Baghdad government says the regional government does not have that right, and that all receipts for oil produced within Iraq’s boundaries must be paid into accounts it has approved. Kurdistan retorts that the central government has an obligation under the Iraqi constitution to pay it 17 per cent of the entire country’s oil receipts and that it has not done so. That is true. This dispute has led, in turn, to Kurdistan exporting some oil without Baghdad’s approval, and Baghdad sending lawyers to seize that oil, or the receipts from the oil. Kurdistan has been able to get paid for some oil exported through Turkey or, perhaps, Iran, albeit circuitously, at steep discounts and in smaller amounts than it needs. There can be different opinions on which government is morally in the right, or which one would ultimately prevail after years of litigation. From the point of view of shy, passive bondholders, it would seem that too many foreign courts or potential foreign oil customers have tended to defer to Baghdad’s sovereignty. For now, at least, the US government is taking Baghdad’s side, and they control the dollar clearing system. Think Argentina versus holdout creditors, and add a war. That is the fundamental problem with bond issues by Kurdistan that do not have the explicit support of Baghdad. Absent a reliable way to export oil under international law, Kurdistan is fully dependent on the central government, and therefore cannot offer international investors a credible source of repayment. One could excuse the Kurdish government for being too aggressive on its timing and documentation. They are, after all, fighting for their survival against bloodthirsty terrorists. However, these are the just the sort of points that international financiers should explain to their clients, even if it means losing some business. Baghdad and Kurdistan must come to terms. They probably will, after Ramadan and the summer market pause. The Republic of Iraq, whatever its other problems, has very little foreign debt, rising oil production and no significant international legal disputes. It has parliamentary authorisation to issue international bonds. Baghdad needs to make a long-term financial arrangement with Kurdistan. The minister of finance of the republic, Hoshyar Zebari, is a Kurd. There are deals to be done here. Just not the deal proposed by Deutsche Bank and Goldman Sachs. http://ekurd.net/foreign-banks-ignite-an-oil-war-in-iraqi-kurdistan-2015-07-18
    2 points
  10. Kurdish official reveal the names of senior leaders to " Daash "spent pounding the center of Mosul Sunday July 19, 2015 12:34 Alsumaria News / Dohuk revealed official relations in the Kurdistan Democratic Party in Mosul Mohiuddin Mezouari, Sunday, for the most prominent of the "leaders of the names Daash "who have spent pounding the warplanes Iraqi central Mosul, stressing that the bombing will mark an important air force Iraqi achievement. He Mezouari in an interview for Alsumaria News, "The Iraqi warplanes targeted a meeting of officials organizing Daash campus of the University of Nineveh central Mosul, "asserting that" the air attack that killed a number of leaders Daash ". He added that "among those killed by the Minister of Security Daash Abdullah Salman al-Jubouri and Minister of Security tenderness Muzahim Ajili official Security Bureau Hamza and Palestinian media in security Daash Saifullah Mohammed Hamdani, and component security Daash in the security of the Syrian Abu Kamal Ashraf Moroccan".Mezouari He said, "the air strike blow moving against al Daash, "noting that" this attack will be recorded achievement Force Iraqi Air. " He continued that "since the fall of Mosul, was not killed but 17 leading from Daash through aerial bombardment of the international coalition." The city of Mosul under the control of "Daash" since ( June 10, 2014), as it suffers from a major security and humanitarian crisis as a result of the organization's quest to impose his vision "extreme" on all aspects of life in the city, with air strikes continue to organize sites in the province and often result in death and injury of a number of elements.
    2 points
  11. These chats are soooooooooooooooooo long that they make me dizzy. Now my eyes hurt. Love Buti she's great.
    2 points
  12. Trying to control the the people. Who's ok and who's trouble. On their way to world power control. Im moving to the moon. Who wants to bum a ride. All welcomed.
    2 points
  13. No liquidity in private banks Deterioration in value against the dollar CBI reserves double all dinar in circulation Go Iraq Go GOI Go CBI Go dinar Go increase exchange rate Dollarize.. RV.. Dedollarize
    2 points
  14. Go HCL Go investment laws Go banking laws Go CBI Go dinar Go increase exchange rate
    2 points
  15. If politicians kept their greedy paws off the money and fraud was ended there would not be such a clamor over this.
    2 points
  16. Social security is a scam that was started by the scam artist FD Roosevelt. The government is spending it so fast that it has spent the social security money decades in advance..
    2 points
  17. Use this as a bit of fore-shadowing for those who want the gun control laws that take the guns away from people......the bad guys will always find a way to get the guns.......then the good guys get cut down. Trained soldiers whose job it is to protect all of us, and they're not allowed to protect themselves. Shameful!!!
    2 points
  18. Thanks Dinarbeliever . It's good to see you . Very long chat my eyes hurt but I love Buti..... she's a very good researcher. Always on her game. Interesting situation to say the least. Let's see what happens next.
    2 points
  19. "WHAT DID I MISS" Daniel 9:27 2 Thessalonians 2:3 Revelation 3:14-22 I don't believe you understand who were dealing with, my friend.
    2 points
  20. Well I guess the story of the Kurds being exterminated in mass from chemicals weapons was a lie to. "NOT" ! .......
    2 points
  21. Well if you think a country in the Middle East needs nuclear capabilities your out of your mind or a Muslim sympathizer! Power is a hard thing to handle on all levels, the laws of physics, and the laws of nature should show you that ! I really don't believe any other country should have that capability, nor be aloud that capability. We have more than enough to go around already. I would say no deal ! no way ! Either dismantle or face extermination! If any of you thinks that Iran would never sell weapons grade plutonium or try and assemble that capability in our lifetime, you are just another blind sheep !
    2 points
  22. Iran selling oil again will weaken all the Middle East countries! Obama should leave the sanctions in place until Iran is willing to comply with the United Nations! You can not make friends with a rabid dog by feeding him food!
    2 points
  23. This is my take on illegal immigration. If the first act you commit by coming to this country is breaking the law then you show no respect for the country. Leave and do it legally.
    2 points
  24. Trump was on tv today,he said the whole Iraq government is corrupt,he did say issi has to go,he would eliminate them. He also said he's in it to win it. I'm just relaying the info,try not to shoot the messenger.
    1 point
  25. CNN. Broadcasting From A Camel While Getting Pulled Over For Speeding ! (by bluedog) Vice: The oil and gas and the Federal Service of the priorities of work of the parliament of the Federal Court Rules after the feast 7/18/2015 National Alliance MP Habib Terminal, he said some very important legislation discussed by Parliament after the Eid al-Fitr holiday. Between Terminal and told all of Iraq [where] that "the most prominent of the laws that will be discussed after the Eid al-Fitr is the Federal Service and the law of oil and gas project of the Federal Court." He explained that "these laws have become important and dangerous and must be approval by speeding." Parliament is due to resume its meeting after the holiday is expected to discuss a number of laws which are disabled, including the Federal Court, oil and gas did not get a political consensus to postpone causing discussed several times . http://www.alliraqnews.com/modules/news/article.php?storyid=10159
    1 point
  26. Most on here also used to laugh at him......now we just fart....on him
    1 point
  27. I have bible vers tattooed on my body.... Wtf does any of the bibles sayings have anything to do with dinar. Or how some one that doesn't even like Christianity will proceed with financial doings
    1 point
  28. Yeah, I think McCaine did sell his soul. He is super rich and is probably and NWO tool. JMO.
    1 point
  29. US Chief of Staff arrives in Iraq made ​​an unannounced visit Editor Mustafa Saad - Saturday July 18, 2015 21:25 Alsumaria News / Baghdad He arrived Chief of Staff US General Martin Dempsey , the Sabbath, to Iraq on an unannounced visit. Network "CNN" and said in a flash her, "The Chief of Staff US General Martin Dempsey, arrived today, to Iraq on an unannounced visit," without giving further details. testifies Iraq and the security situation is exceptional, as military operations continue to expel " Daash "of areas where the spread, as the international coalition carried out air strikes targeting the organization sites in those areas expect casualties in its ranks. The attempts to "Daash" to impose its control over Syria and Iraq concern to the international community, as expressed several countries, including Arab and foreign "concerned" about the attempts to organize this, before the international coalition led by Washington with air strikes to sites organized in different parts of the two countries.
    1 point
  30. Key ISIL leader disguised as woman arrested in Ramadi Published: 2015/7/18 2:50 • 39 Reads Anbar (Forat) –The Iraqi Security Forces arrested one of the ISIL key leaders disguised as woman in Ramadi. A statement by the Military Media received by Alforat News cited "The Iraqi Security Forces arrested what is so called, the Deputy Commander of ISIL police arrested disguised as woman among the displaced families of Fallujah." /End/
    1 point
  31. Freaking float or do anything, 1166 is getting pretty darned old!
    1 point
  32. It is all part of their manual for seizing full control. And as you pointed out, it is not just the Republicans. It is both parties who have sold their souls to the Devil.
    1 point
  33. Butifldrm: ‹@sczin11› Hello Scizn Butifldrm: I have been doing a little research Butifldrm: It appears melli bank has been under OFAC sanctions since 2008 Butifldrm: when you look at the CBI site it appears that Melli Bank is registered as an official bank of Iraq sczin11: ‹@Butifldrm› OK...SO THEY MUST STOP DEALING W THEM BUT NOT BECAUSE IRAN IN ARTICLE VIII, RATHER THEY ARE ON A BLACKLIST OF SOME SORT, CORRECT? sczin11: ‹@Butifldrm› AND GE TO YOU Butifldrm: www.bmi.ir BAGHDAD / Arsat Indian / 929 m / 27 g / d 111 number and date of the holiday - 03.09.2650 28.09.2005 in capital (billion dollars) - 32.234 Name Director - Mahdi Mohammed Issa (Regional Director) Associate Director name - no Bank Melli Iran www.bmi.ir BAGHDAD / Arsat Indian / 929 m / 27 g / d 111 number and date of the holiday - 03.09.2650 28.09.2005 in capital (billion dollars) - 32.234 Name Director - Mahdi Mohammed Issa (Regional Director) Associate Director name - no Bank Melli Iran 3. Butifldrm: www.cbi.iq/index.php Butifldrm: apparently, they/Melli was sanction for sponsoring terrorism, Hamas etc... Butifldrm: I find it funny that even when Shabibi was in charge they were allowed to function Butifldrm: Melli is one of, if not the largest bank in Iran sczin11: ‹@Butifldrm› SO ARE U QUESTIONING THE CBI MOTIVES HERE? Butifldrm: No knew news about releasing sanctions against this bank, but we know the release of sanctions on Iran's nuclear program could lead to such Butifldrm: no, I'm not questioning. I think the CBI is playing it safe, since there is no news of Melli being released from these sanctions Butifldrm: Even though....... it appears Iraq has been trading with this bank for years. sczin11: ‹@Butifldrm› EXACTLY, BUT WHY NOW? sczin11: ‹@Butifldrm› AND WHERE IS THIS IMF BLACKLIST? sczin11: Rhetorical? Butifldrm: Well maybe Keywords is trying to look good in the International eye Butifldrm: the list would not be an IMF list Butifldrm: IMF works with countries not banks sczin11: ‹@Butifldrm› I THINK ITS TOO LATE FOR THAT Butifldrm: It would be an OFAC list Butifldrm: scizn who knows what Keywords is up to sczin11: ‹@Butifldrm› OK, BUT BOTTOM LINE sczin11: THIS HAS NOTHING TO DO W ART VIII IRAN VS ARTICLE XIV IRAQ, CORRECT? Butifldrm: Well I'm glad to see the CBI come out and make a statement like this because Bayati who I'm sure is Shia brought it upon himself to think that these Iranian banks worth 9 B could help the Iraqi economy. Butifldrm: well, truly Iraq is under article XIV. Iran being under article VIII with the release of these sanctions could now trade internationally Butifldrm: what do you think could happen to Iraq's reserves in this situation? Butifldrm: Iraq already has a flight of Capital Butifldrm: this is one reason I think Anbuge came out with his article Butifldrm: Iraqi’s could now move money into Iranian banks and trade internationally with the dollar sczin11: ‹@Butifldrm› WHY DO THEY NEED IRANIAN BANK FOR THAT sczin11: AND IF THAT WERE THEIR GOAL, PRETTY SURE OTHER IRANIAN BANKS IN IRAQ..SO CLOSING BUSINESS W MELLI DOESNT PREVENT SAME SCENARIO U JUST MENTIONED Butifldrm: Iraq has to use international banks to perform international transactions in the dollar. Melli banks are already set up in Iraq and doing business, under article VIII, but they are under OFAC restrictions, because of illegal transactions like funding terrorism. Iraq really should not trade with this bank under international sanctions for one, but they have been. We know Iraq has lost its reserve to Iran under the Maliki rule, and we know now there is pressure on the CBI to maintain their reserves. Butifldrm: As far as the article I'd like to point out this part of the article Butifldrm: The source said in an interview with the (long-Presse), "The bank's board directed its departments, including the banking and credit Directorate and Auction currency not to deal with Bank Melli Iran after his name was Butifldrm: mentioned in the list of the international embargo." sczin11: ‹@Butifldrm› TY FOR BRINGING THIS IN...WE APPRECIATE ALL YOUR RESEARCH AND UNDERSTANDING Butifldrm: scizn it's my love sczin11: ‹@Butifldrm› DONT I KNOW THAT, Butifldrm: truly I'm hoping Iraq is going to make a move into article VIII sczin11: ‹@Butifldrm› LETS HOPE FOR TARIFF IMPLEMENTATION ON 8-1-2015 Butifldrm: and the article we are seeing now could be an insight as to such sczin11: ‹@Butifldrm› PLEASE CONNECT THOSE DOTS FOR US Butifldrm: Hey let’s hope they are all little pieces of the puzzle Butifldrm: I'm hoping that Iraq can make this move before something happens to the World economy. OOTW: THANK YOU FOR YOUR INPUT ON THIS IMPORTANT TOPIC BUTIFLDRM Butifldrm: OOTW, I hope that I am right on this Butifldrm: Oh one more thought sczin11: WOW.... LOOK WHAT POPPED IN FROM THE PEANUT GALLERY, LOL OOTW: LOL OOTW: I HOPE YOU ARE TOO HON OOTW: YOU'RE A SMART COOKIE, SO WE'LL SEE...NO PRESSURE THERE ...LOL Butifldrm: If Iraq had an internationally traded currency, they could make a ton of money off their own banks by doing their own international transactions OOTW: LET'S HOPE THEY GET THIS XBRL SYSTEM UP AND RUNNING SOON OOTW: SO THEY CAN PRACTICE TRANSPARENCY IN THEIR BANKING PRACTICES OOTW: AS WE DISCUSSED TODAY, THIS IS ONE OF THE PRIMARY REASONS THEY WERE MOVED FROM ART 8 TO ARTICLE 14 IN 2005 Butifldrm: yes that is vital, because as we can see, transparency is everything toward an internationally traded currency Butifldrm: and Melli bank has not been the most transparent OOTW: LOL, NO Butifldrm: the ruling party is Shia and we know their predisposition to Iran Butifldrm: the ruling party in Iraq that is OOTW: MAYBE I MISSED THIS, BUT WHY DO YOU THINK SALEH STATED FAIRLY RECENTLY THAT IRAQ IS IN COMPLIANCE, OR SOMETHING TO THAT EFFECT? Butifldrm: I would dare say, the Shia in Iraq have allowed their own country to fall over Iranian sanctions OOTW: GOOD POINT AS WELL Butifldrm: ‹@OOTW› that was quite something wasn't it? Butifldrm: these articles! OOTW: YES, DO YOU THINK IT POTENTIALLY HAS ANYTHING TO DO WITH THIS QUOTE FROM THE IMF DOCUMENT?...BRB OOTW: The IMF staff classifies the de facto exchange rate arrangements according to the categories below. The name and the definition of the categories describing the de facto exchange rate arrangements have been modified in accordance with the revised classification methodology, as of February 1, 2009. Wherever the description of the de jure arrangement can be empirically confirmed by the staff over at least the previous six months, the exchange rate arrangement is classified in the same way on a de facto basis. Because the de facto methodology for classification of exchange rate regimes is based on a backward-looking approach that relies on past exchange rate movement and historical data, some countries have been reclassified retroactively to the date the behavior of the exchange rate changed and matched the criteria for reclassification to the appropriate category. For these countries, if the retroactive date of reclassification precedes the period covered in this report, the effective date of change to be entered in the country chapter and the changes section is deemed to be the first day of the year in which the decision of reclassification took place. Butifldrm: It appears Saleh is now the spokesperson for the government and not the CBI OOTW: wealthwatch.world/showthr... OOTW: WELL I SURE HOPE THAT'S TRUE OOTW: ALTHOUGH HE DOES SEEM TO WAFFLE ON HIS STATEMENTS FROM TIME TO TIME Butifldrm: sorry had to reboot OOTW: NO WORRIES Butifldrm: Iraq under article XIV have a defacto peg to the dollar Butifldrm: when Iraq chooses to accept IMF article VIII they will have to make some decisions to liberalize their exchange rate Butifldrm: I don't need to go into that, but whether they float or go into a controlled float they must accept and abide by the article VIII obligations Butifldrm: If they do not the IMF could place sanction on Iraq under article XXVI OOTW: YES, IT SEEMS IT'S A COMBINATION OF THEM CHOOSING TO ENTER ARTICLE 8, MONITORING THEIR OWN ACTIONS AS WELL AS ADHERING TO THE IMF GUIDELINES Butifldrm: www.imf.org/external/pubs... Butifldrm: yes, but You and I both know, Iraq having more than a @% spread between the CBI rate and the Market rate was a huge deal in every Article IV consultation after Shabibi left until 2014 Butifldrm: 2% OOTW: YES OOTW: THEY MAINTAINED THAT COMPLIANCE FOR SEVERAL MONTHS UNTIL FEB OF THIS YEAR, CORRECTG? OOTW: CORRECT? Butifldrm: That Consultation was dumbfounded me OOTW: HOW SO? Butifldrm: I believe because what country could maintain compliance under their circumstances with ISIS. OOTW: VERY TRUE AS WELL AS THE GOVT MP'S LEVELS OF CORRUPTION - WHICH WE'VE ALSO SEEN PLAYED OUT IN THE IRAQI BANKING SYSTEM OOTW: I'M GLAD THEY'RE STEPPING THEIR GAME UP RE ADDRESSING CORRUPTION AND WE SHOULD SOON SEE OFFICIAL CHARGES IN THE COURTS, JMHO OOTW: IF THEY DON'T BRING FORMAL CHARGES THEN I WILL BE CURIOUS TO SEE HOW THEY DEAL WITH THIS, BEING THEY'VE MADE SWEEPING STATEMENTS IN THE PRESS ABOUT CORRUPTION AND THAT THEY'LL BE ADDRESSING THIS ON A WIDESPREAD BASIS Butifldrm: Well truly there has to be Legislation to address the majority of problems. Butifldrm: I believe their also has to be accountability Butifldrm: or there will never be Justice Butifldrm: Iraq has been void of all OOTW: YES AND ALSO A VOTE ON LIFTING IMMUNITY IF ANY OF THESE MP'S STILL FALL UNDER GOVT AUSPICES OOTW: VERY TRUE Butifldrm: Someone has to be held accountable for the Rule Of law (I’m not talking Maliki's Party that's a joke) to prevail Butifldrm: let's get back to monetary reform Butifldrm: We know the Banking law in Iraq has to be amended Butifldrm: the present law does not allow banks to invest for a profit Butifldrm: under the present law the private banks of Iraq can only sell foreign currency for a profit Butifldrm: yet the CBI mandated they bring their reserve up to 250M OOTW: THERE IS LEGISLATION WHICH HAS COME BEFORE THE PARLIAMENT ADDRESSING THIS FOR PRIVATE BANKING AND GOVERNMENT BANKING/FUNDING NEEDS OOTW: EXAMPLE, THE ISLAMIC BANKING ACT ONLY REQUIRES ONE MORE READING Butifldrm: When that did not happen, the CBI suggested partnering OOTW: THE PARLIAMENT HAS READ THE ISLAMIC BANKING LAWS FOR GOVERNMENT LOANS Butifldrm: yet, the government has passed no legislation protecting deposits, which is another way the private banks can build reserves OOTW: BECAUSE WE SEE CONSISTENTLY CHANGING INFORMATION ON THE AMOUNT OF THEIR RESERVES, I DO HAVE TO WONDER IF WHAT WE'RE BEING TOLD IS CORRECT Butifldrm: Are you talking CBI reserves or private banking reserves? OOTW: YES AND IF THEY HAVE NOT DONE SO, THEN WHY ARE THEY NOW STATING THAT THEY'RE GOING TO INTRODUCE LEGISLATION FOR FACTA IN THE NEAR FUTURE, ZEBARI SAID THIS NEEDED TO BE PASSED PRIOR TO SEPT 15 2015 OOTW: CBI OOTW: I HAVE NO IDEA WHAT THE PRIVATE BANKING RESERVES ARE OOTW: THE TOTAL Butifldrm: Not that I'm a fan of FACTA , but if Iraq is going to play the IMF game it must be done Butifldrm: ‹@OOTW› the private banks reserves had to be increased to 250M OOTW: DO THEY KNOW WHAT THEY ARE NOW? OOTW: NOT TO PUT YOU ON THE SPOT OR ANYTHING..SORRY Butifldrm: I'm pretty sure to do business in Iraq a designated bank must have that much in reserve sczin11: ‹@OOTW› IF I MAY, THEY MUST BE AT THE $250 MILLION LEVEL Butifldrm: there has been a lot of discussion about this and a lot of it had to do with Basel III standards OOTW: OH? Butifldrm: yes, OOTW: AH RIGHT OK ...BASEL III YAY LOL Butifldrm: So, think about how hard it would be to raise such capital reserves by selling the dollar sczin11: SEVERAL OF THE BANKS, EARLIER IN THE YEAR WENT ON ISX TO HELP RAISE THE CAPITAL THEY WERE SHORT Butifldrm: ‹@sczin11› right Butifldrm: also some have tried to partner with international banks Butifldrm: still it's such a hindrance Butifldrm: when they can only sell currency OOTW: WASN'T THERE AN ARTICLE RECENTLY STATING HOW MUCH MONEY THEY RAISED LAST YEAR SELLING CURRENCY? OOTW: WAS THAT A DROP IN THE BUCKET COMPARED TO WHAT THEY NEED? Butifldrm: Hum the CBI? Butifldrm: The CBI has made all their reserves from selling currency sczin11: ‹@OOTW› BUTI IS TALKING ABOUT THE IND PVT BANKS I THINK Butifldrm: Yet we have seen the reserves fall since Turki left Butifldrm: Yes Scizn Butifldrm: Islamic banking law does not allow for interest Butifldrm: We have seen State banks be able to provide soft loans sczin11: ‹@OOTW› THE PRVT BANKS NEED TO BE ABLE TO PERFORM ALL BANKING FUNCTIONS TO GENERATE MORE REVENUE FROM INTEREST, FEES, and COMMISSIONS ETC... Butifldrm: Yes OOTW: thanks Butifldrm: When the IMF talks about liberalization of the economy that includes the banks OOTW: good reminder thank you Butifldrm: Not just the currency OOTW: yes OOTW: I appreciate that Butifldrm: I'd like to bring up the subject of neighboring countries and trade Donnie: There’ve Been Some Big Moves in Currencies This Week. The kiwi, loonie, and more by Rachel EvansJulie Verhage - July 16, 2015 — 1:55 PM EDT - www.bloomberg.com/news/ar... OOTW: PLEASE DO sczin11: ‹@Butifldrm› ‹@OOTW› IT IS TRULY AN HONOR AND PRIVALEDGE TO LISTEN/READ THE CONV BETWEEN THE TWO OF YOU...THANK YOU BOTH OOTW: THANKS DONNIE Butifldrm: Thanks Donnie OOTW: THANKS SCZIN11 Smile Donnie: did want to interrupt ur conversation so I only posted the title and link OOTW: DONNIE Smile Butifldrm: I also think that an Iran released from sanctions will put a fire under Iraq OOTW: YES, SEEMS VERY PLAUSIBLE Butifldrm: Iran will now be a competitor sczin11: ‹@Butifldrm› IS THERE A LINK FOR THAT THOUGHT, Smile Butifldrm: Only not from Iraq or the Shia OOTW: OOTW: THIS ONE? Butifldrm: Just the worlds view of oil pricing sczin11: ‹@OOTW› AFTER U ADD THIS CHAT, YES Butifldrm: Oil today is close to 51 dollars per barrel Butifldrm: When Iran comes on board next month we will have to wait and see what it will be Butifldrm: Article out there stating OPEC should reduce production OOTW: SO YOU'RE THINKING IS IT WILL DROP EVEN FURTHER? OOTW: AH OK Butifldrm: Yes OOTW: SO THE OPPOSITE? OOTW: NEVERMIND LOL Butifldrm: But articles out of Iraq stating that Iran will not affect oil prices Butifldrm: This is a wait and see OOTW: WELL THAT'S SOMETHING..NOT SURE THEIR NEXT YEAR'S BUDGET CAN AFFORD MUCH MORE OF A DROP Donnie: unless demand worldwide picks up, how can the price not drop with Iraq increasing production and Iran coming on-line to sell to anyone? Butifldrm: The Budget is approaching for Iraq and its important they get the oil pricing correct OOTW: YES Butifldrm: You are so right‹@Donnie› sczin11: ‹@OOTW› AH, AND THUS THE NECESSITY, AMONGST OTHER THINGS, CUSTOMS AND TARIFF IMPLEMENTATION....NOW Butifldrm: Yes Sir‹@sczin11› Butifldrm: Iraq is at a crossroads OOTW: YES, LETS WAIT AND SEE IF THEY ACTUALLY START THE TARIFF'S AUG 1 - BIG WAIT AND SEE ON THIS, ALTHOUGH PRESS RELEASES FROM THE CUSTOMS SITE CONFIRM THIS MOVE sczin11: ‹@Butifldrm› AND IF THEY DONT INCREASE THE PURCHASING POWER, YOU CAN FORGET ABOUT TARIFFS DOING ANY GOOD TxBrand: 2 weeks Butifldrm: Iraq the Shia led government needs to move forward fairly with reform and the Sunnis and Kurds need to be addressed sczin11: ‹@TxBrand› LESS, Smile Butifldrm: This move will be the only way to reforms Butifldrm: Shia are trying to get reconciliation, yet they have given 0 concessions TxBrand: 14 days OOTW: TRUE BUTI Butifldrm: Scizn you are correct sczin11: ON A SIDE NOTE... HAPPY FIVE WEEK ANNIVERSARY..... 671 MEMBERS AND CLIMBING EVERY DAY......THANK YOU BUTIFLDRM AND OOTW FOR ALL YOUR DEDICATION AND INSIGHT...KNOWLEDGE AND RESEARCH.... Butifldrm: Iraq and ten years of corruption has made a bad bed OOTW: SCZIN11 SAME TO YOU HON OOTW: TY Butifldrm: Scizn and OOTW luv you both sczin11: ‹@OOTW› IT IS TRULY MY PLEASURE TO BE A PART OF YOUR TEAM.... Butifldrm: Plus everyone else that contributes to this site sczin11: ‹@Butifldrm› LOVE YOU TOOO....SIS Butifldrm: Heart Butifldrm: I love the fact that we can have free conversation about Iraq and anyone is allowed input sczin11: OKAY FOLKS.... ANY QUESTIONS OR COMMENTS... JUMP IN NOW Butifldrm: We are all still learning OOTW: YES WE HAVE A GREAT SET OF MEMBERS..TY ALL OOTW: YES, IT'S AN EVERYDAY THING, ESP WITH IRAQ OOTW: LOL Butifldrm: Lol y’all must know I can’t type sczin11: I JUST LOOKED UP KEARNING, LOL sczin11: KERNING =SPACE BETWEEN FONTS Butifldrm: Oh yea tourman: I sit at my computer and read the news, watch the conversations and debates and still wonder why there is a resistance to potential change in value their currency. We hear/read that some officials are screaming for the value of their currency be raised. What common denominator is affecting the decision to move forward? We see there is still turmoil in the gov. We see the CBI still scooping up money thru the auctions. In the mean time the average Iraqi suffers and lives their lives with little hope that their government is working for them. Man that sounds familiar! Butifldrm: I like to give space OOTW: SO TRUE, TOURMAN, BUT I DO BELIEVE FOR THE FIRST TIME, WITH THE ABADI GOVERNMENT, WE'RE IN A MUCH BETTER PLACE THAN WE'VE EVER BEEN, BUT YES, YOU'RE RIGHT..OUR CONCERNS RE IRAQ ARE NOTHING COMPARED TO THE WOES OF THE PEOPLE sczin11: ‹@tourman› WELL STATED Butifldrm: ‹@tourman› we have to go by the documents from the CBI and the CBI states they have 1.5 times the reserves to cover the currency OOTW: SCZIN11 HUGS Butifldrm: Yes well stated sczin11: ‹@OOTW› awwww Butifldrm: ......now we really have to believe from that they have 40T in circulation Butifldrm: Lol Butifldrm: I have my doubt about that or they would not be in a liquidity s crisis Butifldrm: IMO most of the Dinar is being held in State Owned Banks Butifldrm: That could be easily remedied sczin11: ‹@Butifldrm› BASED ON 68B IN RESERVES, AT 2:1, WHICH WAS LAST UPDATED STATEMENT BY KEYWORDS, THAT WOULD TRANSLATE INTO ABOT 34T OUT THERE, NO? Butifldrm: I understand Keywords and Saleh recently stated the reserves are at 2x, but I'm being conservative tourman: Sorry all, just getting anxious again for this to be over.... Just venting. Smile sczin11: ‹@tourman› NO SORRY, YOUR THOUGHTS ARE VERY PROVOKING Butifldrm: I'd have to go back and find an article which came out from a credit card company stating how much IQD was in the hands of the public , but if my memory is correct it was about 49% of 49T sczin11: GREAT CONVERSATION, AND WELL THOUGHT OUT tourman: ‹@sczin11› Smile Butifldrm: Oh sorry 40 T Butifldrm: ‹@sczin11› yes OOTW: TY BUTI AND SCZIN11 Butifldrm: I don't think we have to worry so much about the currency in the state owed banks Butifldrm: Just what the public holds Butifldrm: That is why they need to allow for deposit insurance and electronic banking Butifldrm: A war on cash. Lol Butifldrm: 80 of Iraqis still don't trust the banks Butifldrm: 80% OOTW: WOW sczin11: ‹@Butifldrm› PROBABLY 75% OF THAT 80% DONT NEED A BANK ACCOUNT UNEEK: ‹@OOTW› ‹@Butifldrm› ‹@sczin11› wow all three in here at the same time ..... glad to be here - even on the sideline observing -- great discussion all day long -- thank you all UNEEK: ‹@OOTW› ‹@Butifldrm› ‹@sczin11› wow all three in here at the same time ..... glad to be here - even on the sideline observing -- great discussion all day long -- thank you all Butifldrm: ‹@sczin11› So right OOTW: TY UNEEK Butifldrm: ‹@UNEEK› so glad to see you Dianne777: ‹@Butifldrm› ‹@Butifldrm› I don’t trust them either Butifldrm: ‹@Dianne777› I know that's right sczin11: ‹@OOTW› WHICH LEADS US BACK TO THE PURPOSE OF TARIFFS, AND THERE LACK OF POSITIVE INPUT, WITHOUT .......... PURCHASING POWER!!! sczin11: THEIR sczin11: ^^^^^ OOTW: YES AND WHY THE IMPLEMENTATION IS SO IMPORTANT AND BECAUSE IT'S SO IMPORTANT, IT ALSO CARRIES WITH IT THE POTENTIAL (WITH THIS WEIGHT) OF ITS FRAGILITY/SENSITIVITY - IRAQ NEEDS THEM TO FUND THE BUDGET/NEXT YEARS TOO - AND REMEMBER THAT THEIR PRIVATE SECTOR DEVELOPMENT PLAN RELEASED UNDER ABADI, STATES THEY NEED THE TARIFFS TO FUND NEXT YEAR'S BUDGET. WE'LL SEE. OOTW: THE TARIFF ISSUE IS A CATCH 22 Abraham: Applying the tariffs without a potential change in value will cause social unrest. They have to potential change in value! They want to potential change in value, IMF says Ok go to a market based economy Butifldrm: I believe this lifting of sanctions on Iran may help Iraq's tariff’s problem Abraham: One hand can't clap?takes two hands to clap Butifldrm: Iran has had the ability to be lawless with Iraq Butifldrm: the ability to drain Iraq’s reserves Butifldrm: Iraq must implement these Tariffs now Abraham: I have said this already the longer Iraq takes to potential change in value the more control they give to the IMF. Because every loan comes with more conditions that Iraq must meet Abraham: This is how the IMF controls developing countries Butifldrm: ‹@Abraham› yes, but because Iraq has wasted ten years of its economy on corruption and not building infrastructure, agriculture, and banking It's in a hard place. Abraham: Yes Maliki sold out Iraq Butifldrm: Tariffs are designed to build the local countries economy. Iraq has spent its reserves building Iran's economy Butifldrm: ‹@Abraham›, yes he did Butifldrm: It’s time to stop now Abraham: Never forget Maliki was exiled in Iran Butifldrm: ‹@Abraham› as far as I know that just happened last year when Abadi took office Abraham: Maliki was Iran's Puppet Butifldrm: yes he was Butifldrm: and more than likely still has some influence Abraham: ‹@Butifldrm› yes Butifldrm: Ok Scizn, OOTW and everyone it's my nighty night time Abraham: Iraq must move quickly to a market economy building a strong manufacturing industry so it dependency on oil is lessened OOTW: VERY TRUE ABRAHAM Butifldrm: I really enjoy the chance to get into chat and Liked to encourage everyone to participate OOTW: AND ALSO CONFIRMED BY THE ANBUGE ARTICLE IN THE FORUMS OOTW: YES, GREAT PARTICIPATION, TY ALL Butifldrm: night night sczin11: ‹@Butifldrm› THANKS AGAIN, COME BACK SOON OOTW: TY ABRAHAM, DONNIE, UNEEK, TXBRAND, DIANNE777 AND EVERYONE FOR JOINING US Donnie: ‹@Butifldrm› ‹@OOTW› TY Abraham: Thanks to all of you UNEEK: ‹@Butifldrm› ty ty THANK YOU WEALTH WATCH . WORLD
    1 point
  34. Thanks for posting. Lots of great info without all the garbage in between. Awesome
    1 point
  35. I dont know squat about Iraq and World banking. And like you I dont pretend to either. I do know some Iraqis that moved here years ago and are quite wealthy . They say that holding dinars is just plain stupid but that dont mean squat either. I do have Banker friends. In fact I know a former Vice president of Citi group very well and that does not mean squat either. Look at your posts. You consistently label people here in the tank for voicing their opinions. I have not seen anyone down here attack the opinions of others in quite a while but you come down here often to do just that. And everything in life is not about making money for me Caz. I always say Family first and i stand by that. And you only show half of what i said regarding Money. If you can turn your Hobby into a business why not? I pull wire for a living and i do ok with that but truth is I love what i do and often take jobs that make little cash to keep busy. I guess i could sit home and watch I love Lucy but that would be a waste of time. I do see many people that feel its all about the money. You can see that at DV for sure. Yet many of those same people do nothing to create wealth for themselves. . They Buy that six pack of beer everyday. They sit around and watch games on TV every weekend when they could be working. A 40 hour work week should be the minimum I still strongly believe that 20% of the population including most business owner carry the other 80% Sad but In my opinion so very true. So again why would Iraq spend 90 Trillion dollars to revalue their currency? I can not see any reason why they would do this. And you yourself admit that Business are out to make money . Countries are and should be run like business . If you owned a country like Iraq would you spend 90 trillion dollars and revalue your currency to bring it on par with the USD or would you simply spend a few hundred million to re denominate your currency to bring it on par with the dollar? Which makes more business since. Maybe you could answer this one question this one time instead of avoiding the question.
    1 point
  36. Heeeeheeeee Have you seen my girlfriend. BAR50cal? LOL Uncle Sam, (before he turned into a commee pervert), taught me how to reach out and touch someone. So now I live by my favorite motto, "Pray as often as you can. But when all else fails EXHALE SLOWLY".
    1 point
  37. No bullets don't kill people. PEOPLE KILL PEOPLE. Do I come across as a pansied azz coward to you? Let me try again, Obama and almost every other megalomaniac self absorbed politician is praying to their Satanic god that we loose our self control and physically attack each other. That way Obama can declare martial law and begin hauling off those who disagree with his Satanic agenda. Delivering them to one of the 178 FEMA camps that"don't exist" so they can be disposed of. It's happened before, and it will happen again. So protect yourself, as I do. Defend yourself, as I will. But MOST IMPORTANTLY make certain that Jesus is in your heart. Because EVERYTHING that is happening today was foretold thousands of years ago in the Bible.
    1 point
  38. Consider the source, my perty kitty.
    1 point
  39. Move to Kansas, conceal carry no permit required. When these islamo freaks make a move here it ain't gonna be pretty. But it's damned sure gonna send a loud and clear MESSAGE.
    1 point
  40. Yes, I do know what impertinence means...which is why I laughed at the way you tried to use it. Now....since you don't know how personal and corporate bankruptcies are connected...I have to wonder why you have taken such an antagonistic stance. Because, yes, it very much DOES matter where a corporations money comes from. I am surprised that you don't know that....since you are so versed on how to use "impertinent." If you own a business that can’t afford to pay back its debts, you may be considering filing for bankruptcy on behalf of your business. Many business owners are able to obtain a fresh financial start by filing a personal Chapter 7 or Chapter 13 bankruptcy rather than filing a business bankruptcy, such as Chapter 11. This method may allow you to discharge personal liability for your business debts while keeping your assets away from creditors. An experienced bankruptcy attorney can help you determine the best bankruptcy option for you and your business. Get the help you need to establish a more stable financial future, today; find a qualified bankruptcy lawyer by filling out the free form on this page. Bankruptcy for Separate Legal Entities Many types of businesses are considered separate legal entities from their owners. This separates your business finances and your personal assets. Depending on the type of business you own, you can choose between filing a personal bankruptcy, a business bankruptcy, or both. You may be able to file for personal bankruptcy separately from your business if you run a: Limited liability company (LLC) S corporation C corporation Partnership Filing a personal Chapter 7 or Chapter 13 bankruptcy separate from your business immediately stops creditors from contacting you about your business debts, even debts you personally guaranteed. This will allow you to create a new business entity without any personal debt. And He did take a personal hit the first time around: he’d financed the construction of the Trump Taj Mahal with junk bonds and was unable to pay the high interest. His business was in the red, and so was he, to the tune of about $900 million in personal debt. By the mid-90s, he’d reduced most of that debt, selling his Trump Princess yacht, his Trump Shuttle airline, and his stake in a handful of other businesses. More importantly, he stopped guaranteeing debt with his own wealth. “The first bankruptcy was the only time his personal fortune was at stake,” said Ted Connolly, a Boston bankruptcy lawyer who used Trump as model for getting out of debt in his book The Road Out Of Debt: Bankruptcy and Other Solutions to Your Financial Problems. “He learned from it. He’s insulated.” Now before you scold me for posting facts and not opinions, read it through and see if you can understand it first.
    1 point
  41. I respectfully disagree. I put up an interesting news story....without comment.Your VERY FIRST POST to me here was..."So you obviously have no idea what chapter 11 is about". Read more: http://dinarvets.com/forums/index.php?/topic/205452-trump-appeal/#ixzz3fzmpJeWd You think that is respectful?? I told you that if you knew me you would know how funny that is. What I do for a living is none of your business, but what you said is hilarious. When I commented on the news stories, you again told me that I did not know what I was talking about. (lol). You then launched into an erroneous opinion about corporate versus personal bks...using the word impertinent....which told me that you didn't know what YOU were talking about. So...I walked away from the conversation with you. When you know enough about what you are talking about to respectfully converse, I might engage. I have not called you or anyone else here names, although you admonished me for doing so..."No... we're all waiting for YOUR own personal analysis... not just name calling and referring us to articles that you refuse to interpret."Read more: http://dinarvets.com/forums/index.php?/topic/205452-trump-appeal/page-3#ixzz3fzpC7tKW In fact, YOU have called me inept, childish, cowardly ...all in one post....others have called me a pr@ck, or implied I am transgender. And yet, I am the one you say is calling names. And you wonder why I am done with you in this thread. LOL.
    1 point
  42. Somebody needs to bring it to the table. im surprised it hasn't already?! i am filled as a matter of fact when i found out the difference between soul (ego) and spirit (god) everything became clear. You are not speaking or living in Spirit if it is commanding you to do something that oppressess or suppresses others. You are operating from your ego. and who are you to insinuate i am not of the spirit...
    1 point
  43. I'm all for developing oil right here in the U.S. , Canada and Alaska. There is enough oil here to last another thousand years. People could be put back to work , we could build new refineries and the economy would boom. As far as the animals go, we do what we can to accommodate them and if there is a spill we clean it up and go on. I really don't like being dependent on foreign oil and there is not a reason in the world that Texas should every be dependent on foreign. The problem Texas has right now is that low gas prices are great affecting our economy, Exxon and other oil companies have been staging layoffs , this has directly and indirectly affected a lot of people in my area.
    1 point
  44. Remember, Trump is funding his own campaign....thus he will not nor does he need to kiss the butts of big money. The 14 or 15 other candidates need to consider kissing up to Trump......he might pick one of them for his VP........yes, Really!!
    1 point
  45. Thanks SD for the articles! It does appear that the Kurds establishing their independence. In one respect they were an oppressed people much like the Jews were. I can certainly understand how they feel after dealing with Saddam who persecuted them beyond imagination. As I look at what they have endured and what they have to offer, the Kurds may very well become a state or a country that would play a key role in the stability of the Middle East. At this point in time I don't believe that anyone can stop them.
    1 point


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.