Theseus

We all know the story about how all types of birds, some endangered and some not, getting caught in oil slicks and power lines. Even in India Macaws (monkeys) have a problem with electrocution. You might further know how wind farms are being non-discriminate when it comes to killing birds. Something if I or you were to do we would be heavily fined and maybe imprisoned (see 1:50 mark of the video below). Did you in California there is a state mandate to buy renewable energy (see 1:30 mark in video below.)? See mark 2:02 for the cost of Exon's Crude oil when it killed migratory birds. Don't think wind farms are the only clean energy killers of birds. Now an experimental says it doesn't want to be left out either. Instead it fries the birds in the air. They never see it coming. The environmentalists want you to think about the birds like bats and such when considering the wall. Think about this, the wall is stationary it won't move. Bats will roost on it and birds will poop on it as they too sit on it. The wall won't kill a living thing when its in operation. Unless some mule, the two-legged kind, tries to scale it. Then its open season on mules.

I am going to assume that they mean tonnes and not tons. 1 tonne of liquid is equal to 14.67 cubic feet. 1.4 billion cubic feet equates to approximately 95.4 million tonnes. About 16% of their total supply.

Obama is following Trump around, last sighting of him was in Brussels and away from his *** friend whom he has been seen holding hands with while walking along the beach. Clinton is modeling Katy Perry Shoes, Comey is getting his butt chewed by Gowdy who yelled at him and dropping the F-bomb on Comey. G Bush Sr or Jr? G Bush Jr is probably humming to himself as he continues to paint soldiers he has met. G Bush Sr. is probably laying in bed next to Babs as he isn't too mobile these days. Chewbacca...err Moochelle.. er Michelle is hold up somewhere trying to think how divorce the former POSTUS as he is now longer her cash cow and tossing back the mai tai to drown out her sorrows because nobody knows the trouble she has seen. Hitlary keeps mumbling about how Russia stole the election and it wasn't her fault. Comey just wants to hide in his office now after Trey Gowdy told him to quit effing lying to Congress. Yep all quiet on the Western Front.

United Nations Development Programme to implement E-tendering system in Iraq Apr 5, 2017 1092 UNDP’s Iraq Country Office is pleased to inform all potential Construction Firms/Companies that starting 01 May 2017, all procurement processes will be conducted using an online E-Tendering system (Electronic Tendering Platform). The initiative of E-Tendering will allow UNDP to further improve transparency and efficiency in the procurement process and will help to reduce the time needed to award contracts to the successful bidders. In the first phase, the training session will be conducted in Erbil and Baghdad. Trainings are ONLY for Construction Companies/Firms. Potential Construction Companies/Firms in Erbil and surrounding areas and Baghdad-based construction Companies/Firms are requested to send names of two focal persons (Owner & Engineer) to the UNDP Focal Person listed below to obtain security clearance as per the following details:

Really you don't know the answer to this, being a Senior Member and all?

In Iraq's own words in the 2016 Agreement "The public debt would peak at 85 percent of GDP in 2018, and gross official foreign exchange reserves would bottom out at $31.5 billion (5.1 months of imports of goods and services) in 2020." - page 7 last sentence of the first paragraph but before this, Iraq continually said  Preliminary estimates indicate that three indicative targets (IT) at end-March 2016 were met and two were missed (Table 1): o The stock of gross reserves of the CBI exceeded the programmed floor by $7 billion Meaning reserves dwindled and continue to dwindle due to deficits. 6. The current account deficit widened to 6.4 percent of GDP in 2015, financed mainly by the use of $13 billion of official foreign exchange reserves, which fell to $53.4 billion (9.9 months of imports of goods and services) at end-2015. It is expected the reserves to dwindle even more by 2021. When you run a deficit you are going to take from your reserves to cover the gap. Iraq has been doing just that. From 53 billion to 31 billion is not growing.

Their Required Reserves have been in a decline since March 2015. I wasn't talking about oil reserves. When you run a deficit, the money must come from somewhere. Looks to me a decline of almost 21 percent. That is a pretty significant decline there.

From the CBI website on their Required Reserves (looks to be dwindling and not growing hugely) KEY FINANCIAL INDICATORS FOR Apr. ,12, 2017 2014 2015 2016 2017 Jan. Feb. Mar. Apr. May. Jun Jul Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May. Jun Jul Aug. Sept. Oct. Nov. Dec. Jan. Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar a - Required Reserves 3 9,931 9,762 9,924 9,910 9,884 9,731 9,408 9,591 9,840 10,174 10,418 10,576 10,512 10,812 10,098 9,758 9,979 9,869 9,862 9,824 9,530 9,587 9,451 9,390 9,314 9,343 8,613 8,623 8,684 8,615 8,503 8,400 8,545 8,744 8,858 8,708 8,572 8,556 b - Excess Current Account 29,907 21,148 26,656 24,491 23,444 20,745 23,827 17,178 19,057 18,180 17,770 17,317 15,294 13,889 16,534 15,598 15,239 13,521 12,490 13,445 14,747 14,184 14,748 13,978 12,784 12,758 13,559 13,465 13,209 13,262 13,650 11,775 11,870 11,950 11,564 12,698 11,924 11,295 Source: CBI / Research & Statistics Dept. / Monetary & Financial statistics Division Note :3, 25% of the Reservable Deposits included the government Deposits Since May 2005, then became 75%of Reservable Gov. Deposits since July,2007. So 25% of the Reservable Deposits included the government Deposits Since March 2009. The reserve requirement has dropped from 25 to 20 percent since April 2010. The reserve requirement has dropped from 20 to 15 percent since Sep. 2010

And this is why I am in it:

Let me tell you a tale. A tale you may have heard in passing. O' you may know of Francis Scott Key he who wrote the National Anthem but do you know of the tale that gave birth not only to a nation but it's very anthem? When DJT says lets Make America Great Again, do I think of some frog? Nope. I think of the many brave men imprisoned in the hull of the British ship and the men and women who embodied the greatness and spirit of America in a fort and a single lonely flag they all kept flying. George Washington once quipped, "The thing that sets the American people apart from all others in the world is that he will die on his feet before he will live on his knees." And it is this very story that reminds all of us the principles of our nation "Blessed is the nation who God is the Lord." Psalm 33:12. Without further adieu, I bid you watch the following tale.

I experienced a total eclipse...

Can we have a live action course on how to count real money after having exchanged our IQD?

Their currency doesn't match it because while Oil may be their main export, there are other things to consider in the formula besides oil. They have reserves from which they do draw upon and currently it is dwindling. There is said to be other exports that could be as, if not more, valuable as the oil. However, oil is in abundance and what the market demands; it is oil they sell. Other exports include minerals and gems to list a couple. Now offset their exports with imports. They have to buy things which reduces the gross value of their currency. When you look at the overall picture the currency will reflect all things bought and sold. This includes oil but is not limited to only oil.

During Ramadan they "fast" from sun up to sun down. They eat like pigs when the sun goes down and essentially every night is a feast day for the more well off. There is a much larger chance Malarki won't get elected again. This is evidenced by the people and the reception he has been receiving when visiting provinces and villages around the country. Notice he hasn't gone anywhere lately. Ever wonder why? Because the last place he visited was a fiasco for him. The crowds almost tore him a new bung hole. I prefaced my opinion with the if clause. This is not to say Malarki will be relected but then again Russia could hack the purple thumbs and give Malarki the election.

Elaborating further, from August of the current year until February of the next, is the usual cycle of the budget. Putting the elections into the mix and the GOI comes to a standstill just like any other country's government during an election year. If Maliki does get what he wants, it just might be best to cash out and cut losses because Maliki sure as heck does not want an RV or even an HCL. Keeping his people impoverished is to keep them indentured and in servitude to him and the GOI. By dangling the HCL and the RV over everyone heads but just out of reach keeps him in power and the clerics as well. The clerics run things in Islamic countries. If they can't control the masses their hold and authority on the people flies out the window until a new authority rises up. This is what they fear the most and why they strong-arm their people through religion.

Yeah, May 26 is the first day of Ramadan this year. It is a month long holiday until June 25. Now do you get it? When they come back it will be a few odds and ends then right into the budget in August. If the important laws are not passed before they start hem hawing on the budget, then they won't get done.

Brent more than likely won't get anywhere near 65 ppb in May. Its been hovering mid 50's to low 50's for awhile. The chance it gets to 60 is 25 to 35 percent at best. Last price and as of this posting according to NYMEX:CL was 52.99 from an open of 52.85 for the May contract.At the moment The June contract has a high of 53.80 from an open of 53.35 and last was not too much higher than the open but up at 53.39. Brent has been falling recently and is forecasted to drop not by much for next several months as we head into the summer months. Look for Brent to go up around Sept to November as we head back into winter.

If it gets to May 26 and no RV, as they say in New Yoyrk, Fo'get abo'it. At least for 2017.

One time at bandcamp, there was this ugly politician.. wait I am confusing the band camp stories with my bank stories nvm.

dreamer I hope you learned a valuable lesson in all of this: Don't post personal stories in the Rumor section, unless you prefer the monkeys to throw feces at you. Unless you have a really really good bank story. We all like to hear the really really good bank stories. They are kind of like the "One time at bandcamp..." stories.

Last time I found SIX bars, wait... all I remember was a night filled with a lot of drinking...

8th, every year here, especially around the passage of the budget and more so since Abadi replaced Malarki, the hype goes into overdrive like an 8 year old boy seeing a SI Swimsuit issue for the first time. I am not sure which is worse. All one can do is be sitting in the auditorium for when the fat lady sings. Until then put butter on my popcorn (half and half) pluhlease !

If it was, well hey then. I am so tired right now my dreams dream about going to sleep.

Well hey if its a Haggler's Paradise here, I will start the negotiations at 1 USD. /s

It might behoove some to read the first line of the article rather than just the title... "A few days ago, Prime Minister Haider Abadi stressed that the country is out of Chapter VII within two months, after he met all the international sanctions imposed on him during the rule of the former regime, which caused internal crises culminated in placing the country under this international chapter." SOON enough for you? Of course, technically, two months falls during Ramadan which starts May 26 and lasts until June 25, 2017.