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Nadita File – 02/27/2014

 

Good evening everyone, thanks for watching Nadita file where the spin starts here J

 

Ukraine Update : IMF’s Lagarde said she is encouraged by many statements of support for Ukraine.  Therefore, she is sending Umbertino and team to assess Ukraine. 70B dollars have left the country and Umbertino still could not remember where he put Yakonovych. 

 

Puckster_guy reported Yellen said there have been a bit of soft data over past six weeks, she would try to get a firmer handle on weather impact in weeks ahead as unemployment rate by itself is not sufficient to measure job market health. Recession has placed heavy burden on lower income workers.  She did not feel the need to shrink the balance sheet to tighten policy. She also said Fed does not have authority to supervise or regulate bitcoins.

 

Dow gained 74 points today, the bull has not gotten direction where to go yet. Wells Fargo advisors forecast S&P up to 2000 points.  Chess said Chinese Yuan has been trading down for the last 7 days.  Tesla is thinking of going to Texas1 to build giga factory for its battery to make it more affordable for consumers.  Panasonic and Bumper64  are considering investing in Tesla giga factory.  Tesla stock rallies more than 60% this year.  Is Tesla an energy company or a car company? Some think Tesla is overvalued and very expensive.  Rayzur thinks it should be a $65 stock. Currently USA imported 80% of its lithium from Chile.  The Machine smiled happy as gold closed at 1331 up 3 dollars at trading today.  Zuluman heard UK hacker, Lauri Love, 28 years old  is charged with hacking into federal reserve computer system and NASA.  He is accused of gaining unauthorized access by computer hacking and aggravated identity theft.  He bragged about his ability to get into the system in one of his conversations with captl1. 

 

Yota691 said tax reformation from income tax to consumption tax has been a talk back 30 years ago in Reagan era.  It will take 25 years to change income tax to consumption tax.  Rodandstaff  is concerned about consumption tax affect to the big spender.  It looks like tax rate will change for this year across the board to 25% and for married couple making more than $450,000 and over, a surcharge of 10% will be added and it’s still below the current tax rate of 39.6%.  Lawrenceofdinaria is happy as lowering corp tax from 35% to 25% means more money in his pocket.  Capital gain which is taxed now at 20%, would be treated as ordinary income but the first 40% of annual capital gains would face no taxation. 

 

Attorney General Eric Holder is resting comfortably and in good condition after experiencing short breath during the meeting this morning with boosterbglee.  Thriver is sad as his dear friend, Joseph Dear passed on today at the age of 62.  He was a frequent guest at CNBC and always answered questions honestly.  He died of prostate cancer. Our prayers go to his family, may the Lord comfort them and give them peace and grace.

 

From dinar land : Strolld2 with his charming smile managed to get Iraqi Finance Committee Haider al-Abadi to meet with delegation from UST headed by Mr. Landau Bakool today. UST provided review and technical support for financial and banking sector to par the system internationally.  They also talked about Iraq budget for 2014.

Meanwhile,  aliens are losing their grips in Anbar and Fallujah, thanks to black helicopters piloted by sandfly and stealthwarrior using the latest Tbomb led by our fierce commander Vietnam1969 who makes sure the safety of Iraqi people are number one on the list.  Saint reported Maliki is pushing the parliaments to pass the budget and he also stated that the war against aliens is not only Iraq’s concern but becomes the world concern.  Little obe is not happy and asked Iraq to explain why purchasing weapons from Iran which will cause violation of sanctions.  Once again, CBI is cornered by dontlop and parliaments to start the project zeros and to revalue dinar to reflect its real value.  Parliaments warned CBI to not play with the budget as it will impact the ongoing projects and the development of Iraq.

 

From rumor land : Aggiedad77 thinks the warnings by IMF and WB are directed to GOI.  TerryK hopes this could be the weekend he is waiting for. Kaperoni thinks Maliki interferes in monetary policy, added CBI has been ready for a while. Millionday believes Iraq is its own country and ol’USA does not own or operate Iraq.  He added this is a global event that will have a global effect.  No one is holding up the dinar except Iraq.

 

The spin stops here, send your comments to #naditafile..  Dinar Thug is next.. Good night and sweet dream  J
 

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