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Showing content with the highest reputation on 05/25/2023 in all areas

  1. Parliament Speaker: Next Saturday is the date for approving the budget 15 hours ago 880 Parliament Speaker Muhammad al-Halbousi announced that next Saturday will be the date for approving the federal budget. Al-Halbousi told the parliament's media department, "The budget is in its final touches, and the Finance Committee is ready to hand over the budget today, Thursday, to the House of Representatives." And he indicated that "the budget law is important and contains many investment projects that will reflect positively on the service reality." And he continued: “The Finance Committee amended some items on the budget to serve the state’s view in general, and also to strengthen the role of government institutions in carrying out reforms and governance in some joints.” And the Speaker of Parliament confirmed that “the budget will be passed next Saturday.”
    10 points
  2. “ working with the electronic payment system comes within the vision and plans put forward by the Iraqi Central Bank for government institutions that contribute to getting rid of the problems of cash dealing and keeping pace with development and also strengthening the national currency compared to foreign currencies”. Go electronic Payment System Go Stronger Dinar $1+
    9 points
  3. budget this weekend and accroding to articles POS activated today or tomorrow...and possibly rate shortly after budget.....
    8 points
  4. Sure hope POS doesn't stand for what I'm thinking POS stands for.😆
    8 points
  5. Here's a ridiculous story from Bruce the Goose...the ER & Budget was made public, today...We don't know the contents of the Budget or the new ER because it remains hidden...how can something be made public & be hidden at the same time...Bruce? So what's the public known rate...Brucie? Bruce the Goose via PDK: The New ER Is Now Public. ARTICLE: Over the weekend, certainly by Sunday Iraq was going to expose their budgets & the new rate would be in the budget. They did do that. But we were kept from seeing the new rates & we won’t see it until Thursday. There’s what I’m hearing out of Iraq. The new rate is supposed to be available to us to see here on Thursday. Exchanges on Thursday. I’m just telling you I’m being told from some pretty strong sources…I think we’re looking pretty good. Right now.
    6 points
  6. I like the sound of that coming from SB
    6 points
  7. End of Dollarization = Higher demand for the Dinar = Higher Value Go end Dollarization Go Stronger Dinar $1+
    6 points
  8. Matt 11:25—At that time Jesus said in response: “I publicly praise you, Father, Lord of heaven and earth, because you have hidden these things from the wise and intellectual ones and have revealed them to young children. The Story of Jonah—A Lesson in Courage and Mercy https://www.jw.org/finder?srcid=share&wtlocale=E&lank=pub-jcm_x_VIDEO
    4 points
  9. Passengers And Delegations Sign A Contract To Activate The POS Electronic Payment System 05/24/2023 Earth News / The General Company for the Transport of Passengers and Delegations announced one of the formations of the Ministry of Transport, today Wednesday، On signing a contract to activate the PSO electronic payment system, and the actual work of the system began in the company’s transactions, according to the directives of the Prime Minister, Minister of Transport, Razzak Mohibis Al-Saadawi regarding the implementation of the electronic payment system in the ministry and its formations. The general manager of the company, Engineer Karim Kazem Hussain, confirmed، In a statement received by Earth News “ Today, a contract was signed to activate the POS electronic payment system with the Iraq Gate Company, one of the specialized companies ( and licensed by the Central Bank ) for the purpose of work and to start applying it in the company's transactions”. The general manager added that “ the actual operation of the system will actually start from next Friday for the company’s vehicles operating at Baghdad International Airport and within the company’s transactions for financial payment. The system will be applied in general the company’s transactions successively within The company's endeavors to switch from cash payment to electronic payment ”. He pointed out that “ working with the electronic payment system comes within the vision and plans put forward by the Iraqi Central Bank for government institutions that contribute to getting rid of the problems of cash dealing and keeping pace with development and also strengthening the national currency compared to foreign currencies”. 05/24/2023
    4 points
  10. Definitely looks as if they're dotting all the "I's" and crossing the "T's". I'm a might impatient these days seeings how it would appear we're darn close to finish line. The troubling bit though each time the finish line looks really close, they move that darn line further out. 👺
    4 points
  11. I guess we can go back to counting by hand....if anyone still can remember how.
    4 points
  12. America never planned on leaving Iraq due to maintaining security in the Middle East. You may love it or hate it but if we aren’t there, China and/or Russia will be. All Jmho.
    3 points
  13. Here's another article related to the above...Iraq to become an economic power broker in the Middle East...the future is looking brighter for Iraq... From Other Sources: Iraqi-Saudi Talks On Money & Economics. ARTICLE: Today, Thursday, the Iraqi Ministry of Finance announced the holding of a meeting to discuss the development of mutual cooperation in the field of finance & economy. The ministry said in a statement, received by the Noon, a news agency, that Minister Taif Sami met with the Saudi Minister of Investment, Khaled Al-Falih & discussed with him joint files in the fields of economy, money & investment & openness towards developing partnership with the Kingdom in various sectors, on the sidelines of the meetings of the Iraqi-Saudi Coordination Council in its session. Fifth, held in the Kingdom of Saudi Arabia. The meeting witnessed, according to the statement, discussions on consolidating bilateral relations between the two friendly countries, through the development of mutual cooperation in the field of finance & economy, in addition to discussing the activation of memorandums of understanding signed between the two countries, especially with regard to the banking sector & the abundant investment opportunities in Iraq & facilitating the entry requirements of Saudi investors.
    3 points
  14. A security campaign in Kirkuk markets to restrict dealings in Iraqi dinars 2023.05.25 - 09:58 Baghdad - Nas The Directorate of National Security in Kirkuk obligated owners of malls, centers and shops to limit their dealings in Iraqi dinars only, through a campaign it recently launched in the governorate's markets. The move comes after a similar campaign launched by the National Security Agency in Baghdad, in implementation of the directives of Prime Minister Muhammad Shia'a al-Sudani, to support the Iraqi dinar and prevent monopoly and manipulation of commodity prices. The directorate’s media and relations officer, Ali Al-Mufti, said in an interview with the official newspaper, followed by “Nass” (May 25, 2023), that the campaign included taking written pledges from the aforementioned segment that dealings would be in Iraqi dinars only instead of dollars, with the exchange of price indexes in centers. Commercial, malls and stores, to the price in dinars according to the official exchange rate, with the need to open approved accounts to deal with the electronic platform. In the same context, he indicated that the campaign includes all commercial joints, centers, malls, and shops selling household items and commodities.
    3 points
  15. BS because the rate and price of oil can change at anytime in the 3 years and that was part of many agreement that had to be made....
    3 points
  16. From WRAL-TV; Winning Powerball Numbers Wednesday, May 24, 2023 12 21 44 50 58 PB 26 Power Player 3X Sorry; We had no winning matches tonight.
    3 points
  17. In the presence of 300 companies .. Jeddah hosts the Saudi-Iraqi Economic Forum 2023-05-24 // 05:35 Shafaq News / The activities of the "Saudi-Iraqi Economic Forum" will start tomorrow, Thursday, in Jeddah. It is organized by the Federation of Saudi Chambers with the participation of more than 300 companies, and in the presence of Iraqi Deputy Prime Minister Muhammad Tamim, Minister of Commerce Majid Al-Qasabi, and a number of ministers, officials, representatives of government and private agencies, and business owners from both countries. The Saudi newspaper, Al-Youm, in its issue issued today, quoted the head of the Federation of Saudi Chambers, Hassan Al-Huwaizi, as saying: The Saudi-Iraqi Business Council, which was established in 2017; It plays a pivotal role in raising the volume of trade exchange, defining the investment climate, and encouraging investors from both countries to establish joint investment projects. He praised the interest accorded to Saudi economic relations by the political leadership in the two countries, which culminated in the establishment of the Saudi-Iraqi Coordination Council. The opening session of the forum includes ministers and representatives of the Saudi and Iraqi private sectors, while its agenda includes presentations on the Joint Coordination Council, the Saudi-Iraqi Investment Company, and investment opportunities in the Kingdom and Iraq. The opening session will witness the signing of a number of agreements and the holding of bilateral meetings between the two sides. The forum is scheduled to discuss issues of activating the use of the Arar border crossing, the mechanism for exchanging information on investment opportunities, raising the volume of Saudi exports to Iraq, supplying products to Iraqi companies, and the role of the transport sector. The business sectors in the Kingdom and Iraq are counting on the positive outputs of the forum in light of clear governmental support and interest, in conjunction with the work of the fifth session of the Joint Saudi-Iraqi Coordination Council in Jeddah. The volume of trade exchange between the Kingdom and Iraq reached 5.7 billion riyals in 2022, achieving a growth of 50%, while the border crossing at Arar contributed to the growth of Saudi exports to Iraq by about 132%. https://shafaq.com/ar/اقتصـاد/بحضور-300-شركة-جدة-تحتضن-الملتقى-الاقتصادي-السعودي-العراقي
    3 points
  18. With the participation of hundreds of companies.. Jeddah will host the Iraqi-Saudi Forum tomorrow money and business Economy News / Baghdad The activities of the "Saudi-Iraqi Economic Forum" will start tomorrow, Thursday, in Jeddah. It is organized by the Federation of Saudi Chambers with the participation of more than 300 companies, and in the presence of Iraqi Deputy Prime Minister Muhammad Tamim, Minister of Commerce Majid Al-Qasabi, and a number of ministers, officials, representatives of government and private agencies, and business owners from both countries. The Saudi newspaper Al-Youm, in its issue issued today, quoted the head of the Federation of Saudi Chambers, Hassan Al-Huwaizi, as saying: The Saudi-Iraqi Business Council, which was established in 2017; It plays a pivotal role in raising the volume of trade exchange, defining the investment climate, and encouraging investors from both countries to establish joint investment projects. He praised the interest accorded to Saudi economic relations by the political leadership in the two countries, which culminated in the establishment of the Saudi-Iraqi Coordination Council. The opening session of the forum includes ministers and representatives of the Saudi and Iraqi private sectors, while its agenda includes presentations on the Joint Coordination Council, the Saudi-Iraqi Investment Company, and investment opportunities in the Kingdom and Iraq. The opening session will witness the signing of a number of agreements and the holding of bilateral meetings between the two sides. The forum is scheduled to discuss issues of activating the benefit from the Arar border crossing, the mechanism for exchanging information on investment opportunities, raising the volume of Saudi exports to Iraq, supplying products to Iraqi companies, and the role of the transport sector. The business sectors in the Kingdom and Iraq are counting on the positive outputs of the forum in light of clear governmental support and interest, in conjunction with the work of the fifth session of the Joint Saudi-Iraqi Coordination Council in Jeddah. The volume of trade exchange between the Kingdom and Iraq reached 5.7 billion riyals in 2022, achieving a growth of 50%, while the border crossing at Arar contributed to the growth of Saudi exports to Iraq by about 132%. Views 25 Added 05/24/2023 - 4:27 PM
    2 points
  19. Obelisk Clock: The region demands 20% of the budget.. and the representatives of the center and south want the entitlements of their provinces May 25, 2023 Baghdad/The Obelisk Al-Hadath: The Obelisk publishes the most prominent interactions of TV dialogues. Representative of the Kurdistan Democratic Party, Sharif Suleiman, during a televised interview: – Kurdistan’s share in the budget was determined after negotiations between Baghdad and Erbil – The budget is distributed according to population density – The delay in the budget is not only related to the share of the Kurdistan region – Kurdistan’s share in the budget was determined according to data from the Ministry of Planning – The current government is service-oriented and its budget is well-studied – The Finance Committee discusses the deficit and how to allocate funds To the ministries - We defend the right of Basra and other provinces in the budget - Barzani recommended that we be representatives of Basra before Kurdistan - Iraqi budgets begin with a deficit and end with a financial surplus - What happened in the Kurdistan Parliament was not a civilized scene - The dispute between the two Kurdish parties centers on the Electoral Commission - The session of the Kurdistan Parliament Raised illegally - the Kurdistan region is anxiously awaiting the path of development – The Kurdistan region “still” belongs to the federal state of Iraq – Iran is a dear neighbor and we have close relations with it – The Kurdistan region does not allow itself to shelter Israelis Member of the State of Law Coalition, Muhammad Al-Saihoud, during a televised interview: – The budget will be passed next week – Kurdistan’s share has not been agreed upon in the budget – Kurdistan’s share exceeds 12% in the budget – The budget must take into account justice between the provinces – Many problems have caused delays in passing the budget – Kurdistan’s share received from the government is not a problem with it – The amounts allocated for the development of the regions The southern governorates are small - Parliament will approve the budget in the middle of next week - Silk Road agreements include 188 countries - The development path is a different project than the Silk Road - The Silk Road project is still in the past - Political stability must be invested in consolidating the relationship between Baghdad and Erbil - There is no tribal and societal contact with Kurdistan and it must Activate it - Iraq does not accept to be a source of threat to neighbors - All political forces are involved in the government except for a few - The current budget discussions are very normal - Iraq is witnessing for the first time the approval of 750,000 job degrees - The engineering effort is making great efforts in providing services - Parliamentary blocs are trying to calculate their achievements in the budget - The budget has undergone a “simple” change – Al-Sudani is right that approving the budget does not take two weeks – we will face a big problem if the budget deficit remains unchanged – Al-Sudani informed the Finance Committee that he does not mind reducing expenditures in the budget – Representatives of the center and south may boycott the budget approval session if their entitlements are not guaranteed Adviser to the Prime Minister for Transportation Affairs, Nasser Al-Asadi, during a televised interview: – The Development Road project started in some of its phases, such as the port of Faw – The Development Road project will provide from one hundred thousand jobs to one million jobs and will create an explosion in the country’s market – All countries surrounding Iraq are allowed to participate in the Development Road project – The Development Road project competes with other projects in the region with revenues and others – The Development Road project is very gigantic and will move Iraq to a more developed stage - an advanced railway system, a maritime transport system, a land road and other projects that permeate the Development Road project - the Development Road project has been studied at the highest level and will be opened in 2028 - we are working on the idea of economic integration in the country through a project Development Road - The full plan for the Development Road project will be announced next Saturday The leader of the State of Law, Abbas al-Maliki, during a televised interview: - There are political parties demanding more than they are entitled to in the budget - Some parties practice a policy of "twisting their arms" against the Shiite parties in the budget - The region demands 20% of the budget - The region practices a policy of "bullying", taking advantage of political differences - The Shiite framework will not neglect the dues of the center and south Member of the Kurdistan Democratic Party, Rebin Salam, during a televised interview: – Compensation of the region’s employees’ salaries must be included in the budget – There is no census proving the percentage of the population of Iraq so far – The region has fulfilled all its obligations with the center now – Talking about granting the region 20% in the budget is just speculation – The absence of a population census caused many problems The leader of the Knights of Sovereignty Coalition, Mishaan al-Jubouri, during a televised interview: - The battle to overthrow the Speaker of Parliament cannot be lost without cooperating with Muthanna al-Samarrai - We support any candidate presented by Muthanna al-Samarrai for the presidency of Parliament - Abu Mazen is forced to seduce al-Halbousi because of the corruption files - We are determined to rid our provinces of the domination of the corrupt - Salah al-Din is the worst among the provinces Because of the abuse of corruption in an ugly way - Corruption in Salah al-Din is rampant in an ugly way - Corruption in Salah al-Din is protected by political figures - There is an environment that provided protection for the corrupt in Salah al-Din by 100% - Our alliance is characterized by defending the causes of its people and does not have any personality convicted of corruption - We have A positive and good relationship with the Sudanese government - and one of the goals of forming our alliance is to support Al-Sudani - we applauded Al-Sudani when he decided to remove some officials, unlike some who wanted to clash – Ridding Parliament of the power of al-Halbousi is a “national issue” – Publicly threatening the Minister of Interior is evidence of the Parliament Speaker’s approach to weakening the government – Liberating the “Parliament Presidency” is the issue of all Iraqis
    2 points
  20. A new US military base in an Iraqi area floating on a sea of oil and gas May 25, 2023 Baghdad / Obelisk Al-Hadath: The American newspaper, The Cradle, revealed that the American army is seeking to build a second military base in Anbar Governorate, western Iraq. According to a report translated by Al-Musalla, the US military chose the Jazira region to build its military bases because of the huge oil and gas fields there. Informed Iraqi sources revealed earlier that the American forces are not planning to withdraw from Iraq and want to expand the Ain al-Assad base further. American officials are looking to expand their military presence in Iraq, citing ISIS as a reason to stay in Iraq and northeastern Syria despite the fact that the group has been largely defeated. The US military took control of Ain al-Assad in 2003 after invading Iraq, but withdrew its forces in 2011 when the Obama administration failed to secure a new Status of Forces Agreement (SOFA). However, US forces returned to the base under the pretense of training Iraqis to fight ISIS six months after the extremist group invaded and occupied Mosul, Iraq's second-largest city, in June 2014. With ISIS threatening to take Ramadi in March 2015, American planners rejected Iraqi pleas to launch airstrikes on the group. They stated that preventing the fall of Ramadi was not a strategic priority, even though the largest city in Anbar is just over an hour's drive from Ain al-Asad. The ISIS conquest of Mosul also provided Turkey with an excuse to establish new bases in Iraq. The Turkish army has established a base in the town of Bashiqa in northern Iraq. Bashiqa is a Yazidi city in the Disputed Territories of Iraq, claimed by both the central government in Baghdad and the Kurdistan Regional Government in Erbil. And in 2011, the American oil company Exxon signed contracts with the Kurdistan Regional Government to exploit the oil fields in Bashiqa and other disputed areas, prompting Baghdad to claim that the contracts were illegal and would contribute to the fragmentation of the country by encouraging Kurdish independence efforts.
    2 points
  21. That's why it sound good coming from you, cuz you're NOT a guru!
    2 points
  22. YES ! AMEN ! father GOD did not give us a spirit of fear, but of a sound mine ! oh yes!
    2 points
  23. She is useless air consuming bag of flesh. Fire her butt.
    2 points
  24. The Speaker of Parliament announces the vote on the budget next Saturday.. Video 2023-05-25 00:32 Shafaq News/ The Speaker of the Iraqi Parliament, Muhammad al-Halbousi, has set next Saturday as a date for voting on the draft state budget law for the year 2023. "In general, the budget is in its final touches," al-Halbousi said, in a statement to the parliament's media department, which was reported to Shafaq News Agency, noting that "we had a meeting with the Finance Committee and their efforts are appreciated for their continued work to reach an integrated vision regarding the provisions of the law and its allocations." He added, "The committee is ready to hand over the budget tomorrow to the House of Representatives," noting that "there are some observations that will be concluded in the evening. Positively on the service reality in the government program. He continued, "There are also reform joints in the law, as the committee amended some articles to serve the state's view in general, and also in strengthening the role of government institutions in carrying out reforms and governance in some matters." Al-Halbousi confirmed that the vote on the budget will be next Saturday," pointing out at the same time that there are "many segments included in the budget for appointments, but the budget law cannot cover everyone who demands appointment, as there is a priority for the government for who are the segments that need to include them in institutions." the job". For its part, the Parliamentary Finance Committee confirmed its readiness to send the general budget law, and said in a statement received by Shafaq News Agency, that it continued its meeting late at night in order to put technical notes on the federal general budget law. She also confirmed that she had worked to complete all the remaining matters of the budget items, and the numbers listed in the tables; In order to make transfers between amounts on spending units, according to need and population ratio, as well as the importance of increasing financial allocations in the governorates in implementation of the government program. The committee renewed its readiness, according to the statement, to send the budget to the Presidency of the House of Representatives to proceed with the legislation of the law as soon as possible. It is noteworthy that the Iraqi Council of Ministers had sent last March the tripartite budget law to the House of Representatives, but until now the law has not been included in the agenda of the parliamentary sessions.
    2 points
  25. A report reveals the reason for Türkiye's procrastination in resuming Kurdish oil exports 2023.05.25 - 10:26 Baghdad - Nas Businessmen and politicians in Erbil said that two months have passed since the Kurdistan region’s oil exports stopped due to a Turkish-Iraqi dispute, which began to harm the interests of the private sector and the promising construction sector, as well as oil investments, at a time when uncertainty still surrounds the date for the resumption of work on the oil carrier line from Iraqi territory. To the Turkish port of Ceyhan, where Ankara once claimed that the pipelines were subject to maintenance and examination after the recent earthquake, and another that the thorny file of the presidential elections “delays many plans,” according to a report by Al-Jarida website. The report, which was followed by "NAS", (May 25, 2023), stated that businessmen in the Kurdistan region are preoccupied with counting the losses caused by the paralysis of the oil export sector, and estimates indicate that the direct daily loss exceeds 40 million dollars, which means losses of more than One billion dollars, since the end of last March, when Turkey stopped pumping Kurdistan's oil to the port of Ceyhan on the Mediterranean. Erbil used to export about 450,000 barrels per day through this line, but that stopped two months ago after the issuance of a decision by an international court in Paris in favor of Baghdad, as Iraq had filed a lawsuit against Ankara, accusing it of allowing the export of Erbil’s oil, without Baghdad’s approval, a dispute that erupted since 2014 on how to invest in oil fields and marketing mechanisms. However, the Iraqi Prime Minister, Muhammad Shia’ al-Sudani, announced since last spring that an agreement had been reached with Erbil, which he described as a “great historic” granting Baghdad the authority to export oil from the Kurdistan fields through Turkey, and an understanding of its revenues. Then, at the beginning of this month, he confirmed that almost everything is settled, indicating that The delay in resuming exports is due to Turkey, which informed Baghdad that it is maintaining and examining the pipeline, especially after the earthquake wave that recently hit the south of the country, and then the matter worsened after Ankara was preoccupied with the presidential elections and their second round. Analysts say that Turkey is not satisfied with the Baghdad-Erbil agreement, because it was not a party to details affecting its interests, not only as an oil carrier, but also because Turkish companies invest in Kurdish energy fields, or enter as executives in exploration and extraction operations. Yesterday, political circles circulated news of a visit by the Emir of the State of Qatar, Sheikh Tamim bin Hamad, to Baghdad next month. Ankara has an Arab cooperation package that eases uncertainty about energy lines in the Kurdistan region.
    2 points
  26. 2 points
  27. interesting video.....time will tell
    2 points
  28. Economist: The government and the Central Bank are working to end the phenomenon of (dollarization) Economy | Today, 21:52 | Economist: The government and the Central Bank are working to end the phenomenon of (dollarization) » Baghdad News Agency Today (baghdadtoday.news) Baghdad Today - Baghdad Economist Nabil Jabbar al-Tamimi confirmed on Wednesday that the government and the Central Bank of Iraq are working to end the phenomenon of dollarization. Al-Tamimi told Baghdad Today, "There is dealing in dollars in many transactions and things inside the country, not just cars, and this is completely unacceptable." "The paths of hard currency must be identified in certain files, which are imports only, so that it becomes a surplus in the dollar, because if dealing in dinars becomes, the citizen will not buy dollars from the market," he stressed. He pointed out that "stability must be supported for the Iraqi dinar, so that the purchase of cars is dealt with in dinars and the dollar is dispensed with, explaining that it is an important step and will enable the stability of the market, and was absent from the sight of successive governments." It is noteworthy that the government is trying to control the continued rise in the exchange rate of the dollar against the Iraqi dinar in the markets three months after its decision to officially raise the value of the Iraqi dinar at the rate of 1320 per dollar. The Ministry of Interior recently banned traders and citizens from dealing in dollars in markets and shops, and limited transactions to Iraqi dinars. The government took a decision last February to raise the value of the Iraqi dinar against the dollar after its price at the end of 2020, 1470 dinars per dollar, which was implemented by the previous Iraqi government to fill the deficit in expenses and salaries due to the decline in oil prices in global markets.
    2 points
  29. 👍 That they pushed on the country 😆 by any means looks like they're trying to get something done... Someone's pushing em probably... US maybe to help fight our hyper inflation that's about to hit us
    2 points
  30. Here's another article related to the above...Iraq attempts to recover more missing funds... KTFA via Clare: Iraq Recovers $20 Million Seized In Kuwait 32 Years Ago. ARTICLE: The head of the Integrity Commission, Haider Hanoun, announced the recovery of more than $20 million from Kuwait. Hanoun said in a statement to state television that “the authority recovered an amount of 20 million & 437 thousand & 157 USD,” noting that “this amount was withheld in the National Bank of the State of Kuwait& it is from the funds of the Iraqi embassy in Kuwait for the year 1990 after the severance of relations.” He added, “This came through news received by the Iraq Money Recovery Fund, where the funds were searched for, the full amount was recovered & it was duly returned to the state treasury through the CBI.” He stressed, “We are currently in the process of discussions with a Swiss legal law firm, as an understanding has been reached with it & the procedures for contracting with it have been completed due to the importance of having such a legal entity representing us in Switzerland with aim of knowing the amount of funds, whether they are financial, gold fickler, gold bars in Switzerland, which belong to Iraq to work on recover it”.
    2 points
  31. Banking holiday announcements all over today too lol for Monday, hope these fools mean this Friday..like in 2/3days lol
    2 points
  32. May 24, 2023 At 11:15am on July 7, 1919, a US Army convoy consisting of 81 military vehicles departed Washington, DC for a perilous journey to San Francisco. The army convoy wasn’t responding to an emergency or preparing for battle. In fact, since World War I had just ended, the United States was shifting focus back to its own domestic challenges. And one of those challenges was the pitiful state of America’s road network. There were hardly any roads in the US back in the early 1900s, and most of the ones that existed weren’t paved. That was actually the entire purpose of the Army’s 3,251 mile cross-country convoy: to demonstrate just how BAD the roads really were. Among the convoy’s participants was a 28-year old Army officer named Dwight Eisenhower, and he wrote extensively about the journey. He observed that much of America was almost impassable, even for military vehicles. Roads in the Great Plains turned into bottomless mud pits when it rained, and Eisenhower wrote that during one particularly rainy day, 25 trucks slid off the road. By the time they got to Utah, the dusty desert roads clogged up their engines, causing them to abandon a dozen vehicles along the way. And the steep grades of the western forests and mountains caused their travel to slow to a pedestrian pace. Eisenhower found humor in the convoy’s ever-present troubles, writing later that they were like “a traveling troupe of clowns.” But despite his positive outlook, the need to improve America’s infrastructure was burned into his memory. Decades later when Eisenhower became the military governor of occupied Germany after World War II, he witnessed first hand how much better and more efficient the German autobahn road network was. And he knew the United States needed to modernize its highway system. Eisenhower became US President a few years later in 1953. And the following year he appointed Lucius Clay to head the national highway project. Clay was a civil engineer and former Army general who had spent his career overseeing complex infrastructure projects, leading large organizations, managing enormous budgets, and solving major logistics challenges. He was even responsible for organizing the miraculous Berlin Airlift in 1948-1949, in which over 270,000 flights brought 2.3 million tons of supplies into West Berlin during the Soviet blockade; it was considered logistically impossible… but Clay pulled it off. In short, Lucius Clay was eminently qualified for the job of establishing an interstate highway system in the United States. When Eisenhower presented Clay’s report to Congress, virtually everyone agreed that America’s lack of infrastructure was a problem. And both political parties understood that building a highway system was critical for national defense and economic growth. Naturally they disagreed on several issues; for example, Eisenhower wanted to fund the project with tolls. Others in Congress wanted to issue debt, while others wanted to fund it with taxes. But in the end, both Congress and the White House quickly reached a compromise to pass the Federal Highway Act. And on August 13, 1956-- less than two years from when Lucius Clay took charge-- the groundbreaking of the first interstate highway took place near St. Louis, Missouri (I-70). The US interstate highway system is a monument to the sensible, efficient way that the federal government was once able to solve large, complex challenges. There used to be grown-ups in charge who could clearly recognize a problem, rationally discuss practical solutions, prudently consider the consequences, and quickly reach a compromise to make it happen. They also used to put competent people in charge of things… real leaders with actual qualifications and experience. In contrast, the guy who is in charge of the federal highway system today is Transportation Secretary Pete Buttigieg. Pete was nominated for the job despite having zero experience leading complex organizations, no idea how to manage a huge budget, and no knowledge about transportation or infrastructure. What could possibly go wrong?!? Under Pete’s leadershit, supply chains broke down. Seaports became a total disaster. Highways have continued to crumble. Airports achieved historic chaos, including FAA outages and record flight cancellations. And America’s rail system became a literal hot mess. Curiously, after a February train derailment in East Palestine, Ohio spewed toxic chemicals and fumes, Buttigieg couldn’t even manage to comment on the crisis for weeks. He did, however, find time to insist that Ford and General Motors should use female crash test dummies. Anyone else with such a pitiful track record would have been fired long ago. But not Pete. Instead, he was awarded a massive $1.2 TRILLION budget from the 2021 infrastructure bill. And much of this money will be spent according to his personal discretion. Essentially this means that Pete Buttigieg now manages the world’s largest infrastructure fund. Infrastructure is a popular asset class among many private investors, and plenty of asset management firms set up infrastructure funds to develop toll roads, railways, etc. Brookfield Asset Management, for example, has more than $100 billion worth of infrastructure funds in its stable. But Pete now has more than 10x that amount under his management. In fact his $1.2 trillion “fund” is larger than all of the world’s private infrastructure funds COMBINED. Yet again, Pete has no experience managing large sums of money. He has no real investment experience. In fact, to give you a sense of Pete’s dimwitted investment ethos, he said at one point that his main concern was to “make sure we take all this money, this $1.2 trillion… and actually deliver $1.2 trillion worth of value”. A professional asset manager would strive to deliver a 5x or 10x return on investment. But not Pete. Pete’s tiny reptile brain can’t figure out how to generate a 1x return. Let’s be honest, though… what more could we possibly expect from an administration that has a diversity and inclusion obsession and hires people based exclusively on pointless ‘identity’ characteristics? In Pete’s case, one of the biggest reasons he has the job is because he’s ***. And this is really sad; someone’s sexual orientation shouldn’t matter one bit. The only thing that should matter is competence, of which Pete has none. Even if one were to agree that ‘identity’ characteristics are important… can they at least still pick qualified people??!?! But the guy who shakes hands with thin air doesn’t pick qualified people. All he thinks about (assuming he’s still capable of thought) is what’s swinging or not swinging between your legs. How much melanin content you have in your skin. Who you sleep with. These are the only characteristics that matter. Brains? Irrelevant. Integrity? Laughable. Experience? Preposterous! Pete is obviously far from being the first diversity hire in US history. But he’s emblematic of a much larger trend that puts diversity and inclusion ahead of delivering results to the American public… at a time when America is in critical need of delivering results. Similarly, this debt ceiling fiasco further demonstrates the government’s inability to deliver results. In Eisenhower’s era, they worked together and got things done. It wasn’t perfect and there was plenty of disagreement. But they knew how to compromise for the good of the nation. Today, POTUS literally starts the conversation by flat-out rejecting any compromise… which is the exact opposite of what the country needs. Apparently his four decades of experience only taught him how to be childish, petty, and destructive. Despite all of America’s problems, I’ve been very clear that there IS still a way out of this mess. However one of the key ingredients is capable leadership… and that’s far from a sure thing. We can certainly hope that sensible, practical people take charge in the near future. But hope is not a viable course of action. And it’s for that reason that it makes all the sense in the world to have a Plan B. To your freedom, Simon Black, Founder Sovereign Man Neither this email, nor any content provided by our organization, is intended to provide personal tax or financial advice. This information is intended to be used and must be used for information purposes only, as general guidance and aimed at expanding your thinking. We are not investment or tax advisors, and this should not be considered advice. It is very important to do your own analysis before making any investment or employing any tax strategy. You should consider your own personal circumstances and speak with professional advisors, and independently research any information that you wish to rely upon, whether for the purpose of making an investment or tax decision, or otherwise. No content on the site or in this email constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented here, nor an offer of securities. Blacksmith Global Ltd. Isidora Goyenechea 2800 Las Condes Santiago, Región Metropolitana de Santiago 755009 Chile
    2 points
  33. Along with this solved problem came the demise of hundreds of "mom and pop" stores along the Mother Road. Politicking was evident when it came to plotting the new freeway system. I do agree we need some "Mentally cognizant people in charge along with experienced people as heads of departments. Not to forget some of these very departments are not authorized under the Constitution. But that is another subject for a different post.
    2 points
  34. 2 points
  35. Ive been thinking the same for about 2 months or so
    2 points
  36. 2 points
  37. TRUM'P BREAKING NEWS 5/21/23 | TRUMP BREAKING NEWS May 21, 2023 Yemek Zamanım 77,991 views May 21, 2023 THÀNH PHỐ NEW YORK Garmofky Gregory Alan Armstrong 3 hours ago Don't listen to the news, don't listen to what the politicians say, simply listen to what Ronald Reagan said! Are you better off today than you were 4 years ago? Are you safer today? Are your children going to enjoy a better life with the direction we are heading? Vote with your own truth and heart!
    2 points


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