tjmunson

I agree. I think this means that an RV is imminent (hate that word) but that the cash in window is real small. OK by me as long as they RV!!!

Great post. inflation is a key component to getting this thing done. Thanks Zab!!!

IMF cuts U.S. growth forecast, warns of crisis ShareretweetEmailPrint AFP/File – Sheets of one dollar bills are printed. The International Monetary Fund on Friday joined calls for the … Play Video Economy Video:S.A. hospital snips staff hours in response to anemic economy KENS 5 - TV San Antonio Play Video Economy Video:Unemployment improvement in Arizona FOX 11 Tuscon Related Quotes Symbol Price Change ^DJI 12,004.36 +42.84 ^GSPC 1,271.50 +3.86 ^IXIC 2,616.48 -7.22 AdChoices By Luciana Lopez Luciana Lopez – Fri Jun 17, 12:20 pm ET SAO PAULO (Reuters) – The International Monetary Fund cut its forecast for U.S. economic growth on Friday and warned Washington and debt-ridden European countries that they are "playing with fire" unless they take immediate steps to reduce their budget deficits. The IMF, in its regular assessment of global economic prospects, said bigger threats to growth had emerged since its previous report in April, citing the euro zone debt crisis and signs of overheating in emerging market economies. The Washington-based global lender forecast that U.S. gross domestic product would grow a tepid 2.5 percent this year and 2.7 percent in 2012. In its forecast just two months ago, it had expected 2.8 percent and 2.9 percent growth, respectively. With regard to the global economy overall, the IMF struck a measured tone, saying the slowdown of recent months should be "temporary." It trimmed its forecast for global growth this year only slightly, to 4.3 percent from 4.4 percent, and maintained its estimate for robust Chinese growth of 9.6 percent despite recent signs of a slowdown there. Yet that relatively benign global outlook could quickly fall apart if politicians in the United States and Europe do not start showing more leadership in addressing their countries' debt problems, the fund warned. "You cannot afford to have a world economy where these important decisions are postponed, because you're really playing with fire," said Jose Vinals, director of the IMF's monetary and capital markets department. "We have now entered very clearly into a new phase of the (global) crisis, which is, I would say, the political phase of the crisis," he said in an interview in Sao Paulo, where the updates to the IMF's World Economic Outlook and Global Financial Stability Report were published. In the United States, the political problems include a fight over raising the legal ceiling on the nation's debt. A first-ever U.S. default would roil markets, and Fitch Ratings said even a "technical" default would jeopardize the country's AAA rating. The IMF said the outlook for the U.S. budget deficit this year has improved somewhat due to higher-than-expected revenues. In a separate report, it forecast a deficit of 9.9 percent of GDP -- better than the deficit of 10.8 percent of GDP it foresaw in April, but still near historic highs. MARKETS INCREASINGLY ON EDGE The fund, which has endured its own political crisis due to the resignation of its chief, Dominique Strauss-Kahn, on sexual assault charges, said the global economy "has gained ground" despite a slowdown it deemed "not reassuring." It attributed the weakness to temporary disruptions such as the Japan earthquake, bad weather pressuring food crops and higher energy prices. Global growth should "reaccelerate" during the second half of the year, the report said. The fund's forecast for global growth next year remained unchanged at 4.5 percent. The IMF raised its growth view for the euro area in 2011 to 2.0 percent from 1.6 percent. For 2012, the IMF saw growth at 1.7 percent, little changed from its previous 1.8 percent. Yet Europe also poses some of the biggest risks to the global economy, Vinals said. "If you make a list of the countries in the world that have the biggest homework in restoring their public finances to a reasonable situation in terms of debt levels, you find four countries: Greece, Ireland, Japan and the United States," Vinals said. Greece has edged closer to default as euro zone officials disagree on a planned second aid package for the indebted country. With strikes and protests around the country, political turmoil has added to uncertainty, stoking fears that the government will not be able to tighten its belt enough to reduce crippling deficits. Fears of contagion in the euro zone have driven global stock markets lower in recent sessions. The fund raised its forecast for Germany, the powerhouse of the euro zone, to 3.2 percent from 2.5 percent, with growth moderating to 2 percent in 2012. Forecasts for large emerging markets remained stable or slipped. While China's GDP view stayed unchanged, the IMF lowered its Brazil outlook to 4.1 percent from 4.5 percent. Those countries, along with Russia, India and South Africa, make up the fast-growing BRICS, a group of emerging economies whose brisk expansion has outstripped that of developed markets recently. Robust economic growth and rising inflation have caused emerging economies to tighten monetary policy with higher interest rates and reserve requirements, even as many developed nations keep policy ultra-loose to try to boost anemic growth. The IMF warned that many emerging markets still need more tightening. In China, for example, the high inflation rate means negative real interest rates. Some emerging markets have been reluctant to tighten too far, fearful of derailing growth or attracting speculative investment flows that could push their currencies ever higher.

Excellent news. We keep moving forward at a seemingly increased pace!!!

I'm gonna miss Scooter as much as the rest of you. However to throw blame at Adam seems a bit silly. Adam is not my father or my keeper. He is a human who has feelings and opinions just like the rest of us. If he wants to share his thoughts he is entitled to do such. If you like what he has to say give him a + if you disagree give him a -. But to hold him at all accountable for Scooter's situation is, IMO, absurd. Scooter is a big boy and one of the finest people I have encountered on this site and I think he would be the first to agree with me. I know people are saddened and hurt by his departure and are looking to point the finger at people but to do so right now, I would have to say is based more on emotion than on common sense. Peace

Not to worry. Pure BS. Remember that we will make the most money off of the larger bills, but so will THEY!!!! It's all good. Peace

100% agree with you Bang. Maliki is our guy no doubt. When this is over and the truth is finally exposed I think we will find out that Maliki was willing to take a few "bullets" for the greater good of Iraq. I firmly believe he is a patriot who strongly believes in democratic values and wants desperately to see Iraq succeed. I just don't think most people realize how many factions are against him in his own government because of that and they are trying to discredit him and paint him as the bad guy. Hopefully he can hang in there until it's over and then be honored with the credit he deserves.

Words don't seem enough to properly express the gratitude and thanks I have for all you have done. You will be sorely missed. You are a good man and it is people like you that I know are gonna help make this world a better place once this finally happens. I wish you the best of luck and I truly hope that our paths cross one day just so I can shake your hand. Have a great Father's Day! Peace

I'm sorry I'm lost. Could you please tell me where the "for Jews only" post is?

Richard

This is gonna make one heck of a good movie when it's all over. Great post Viz. You da man!

I think this article may be refering to the security forces as a whole. The rest of the security is in place. They just need a big toe! Thanks for the post Viz Peace

Sounds like I might actually have to get my shovel and figure out where the heck I buried that shoe box in the back yard. Scooter, as always, thank you for your pain staking research. When they released these documents I bet they didn't think anyone would break the dinarian code. Guess they didn't realize the mastermind that we had in our corner. Linny...thank you for the post. Peace

Scooter, are you married because my sister really needs a husband!!! Thanks for all your hard work. It is greatly appreciated. Peace

If swimming is such good exercise how come whales are so fat?

Good find JR. Thanks for the post. I hope this gets resolved quick.

What's a little copyright infringement amongst friends?!?! Great post Z thanks. Scooters followup is even better. Peace

I know it's gone 4 days a couple of times and I believe 5 days once. However if we go into tomorrow (wed) with still no change, that would be a first. Peace

Did everyone hear that? Scooter said 5.88 on June 30th!!!! LOL Scooter you are awesome. The time you put into this and the fact that you openly share your findings is truly a gift for us all. Thank you my friend. Thanks for posting Mr. Rich Peace

So have we now come to the conclusion that there are no "authors of the plan" or higher powers at work and that the entire power in this process lies completely with Allawi or Maliki??? I, for one, think not. I absolutely believe that the US did not have 1000's of our service men and women lay down their lives so that these barbarians would be calling the shots. I also believe that whatever is taking place right now in Iraq is exactly as it should be and that the "script" is being followed. No way the powers that be are gonna let the plan fall apart. We are watching a play right now and Maliki and Allawi are acting their parts. However these actions fit into the grand scheme of things may become clear when it is all over. Or they may not. I believe that this is where "faith" becomes a part of this investment and I for one right now am relying on that faith to accept the fact that whatever is taking place right now is what needs to take place in order for this blessing to come to fruition. Peace

13/06/2011 CBI completed the legal procedures to protect his money from Washington Baghdad, The Central Bank of Iraq that Iraq has completed all legal procedures and bank intervention to protect Iraqi funds in the White House until next June. Prime Minister Nuri al-Maliki had said earlier that Iraqi money still at risk unless it is accelerated legal requirements to protect the White House to the Iraqi funds. The central bank adviser said the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that "Iraq has now completed all legal procedures and cash to become the Iraqi funds in the protection of the White House until next June for fear of manipulation of trade creditors counterfeiters." He added that "the protection of the White House about the risk of manipulation of Iraqi money for a year before the creditors and businesses that claim to have financial problems with the former regime." He said, "The Committee to Protect Iraqi funds to be discussed during this year of ways to get rid of the prosecution of trade creditors and the provision of bank accounts of the proceeds of Iraqi oil." He said the Iraqi Central Bank's decision to the President of the United States President Mttmlp Oopapa money on the protection of Iraqi oil revenues, especially the applicant bank's federal block the path of trade creditors. On 6 March the central bank stressed that Iraq follow the high-level political economic repayment of the debt they did not encounter legal problems. It was announced on 23 February, the CBI said Iraq's debt paid 3 thousand and five hundred creditor commercial value of 2.7 billion dollars as a means to protect his money from the manipulation of foreign trading companies. It is hoped that Iraq shall submit to the UN Security Council a detailed report in May next looks for the most important pillars of the protection of Iraqi funds. Revealed the Iraqi Finance Ministry on the seventh of January last, the work of the Committee to Protect Iraqi funds abroad would be a secret to avoid fictitious companies which Iraq claims it requests funds. The Ministry of Finance of Iraq, the first of last January that the Commission on technical government Ttolt the development of mechanisms to protect Iraqi funds in foreign banks after the UN Security Council resolution mid-November last, who spent lifting of protection for the money to Iraq the end of June next. The UN Security Council voted unanimously in mid-January last three resolutions concerning the lifting of the embargo imposed on Iraq on the import of nuclear material for peaceful purposes, and cancel the oil for food program, also extended the immunity of and for the last phase compensation imposed under Chapter VII until the end of June / June. The former Iraqi president Saddam Hussein ordered the invasion of Kuwait in 1990, The effect that imposed sanctions on Iraq from the international community and put under Chapter VII, which makes it a country threatening world peace and security. Included international sanctions prevented the import of chemicals and nuclear technology that could be used in a secret nuclear programs, chemical and biological weapons. Has allowed the United Nations in 1995 for Iraq to sell oil in return for food, called "oil-for lunch." http://translate.google.com/translate?hl=en&prev=hp&rurl=translate.google.com&sl=ar&tl=en&u=http://www.aknews.com/ar/aknews/2/246234/

Thanks for this weeks post that "it is all done" bballs. Eventually the posts you are putting up from other sites will have to be correct. Let me just say that I am 100% certain that his 1% of uncertainty will end up producing 0% results. Your credibility is wanning, to say the least bballs, Don't post garbage from other sites. It will do you no good.

1's, 10's and 20's are what we are looking for. Keep your eyes open....they're coming!!!! Thanks for the post! Peace

I was just having some fun off of an earlier thread where someone was questioning if the cbi looked fake. Just harmless fun. Sorry for the confussion. Please close the thread.

Ron, I have missed your posts of Franks calls. Thank you for taking the time to do it. It's always a good read!!! Peace