Frank - The Budget Is Done ... First And Second Readings Are Done !

[DinarThug]

CNN. Broadcasting While Turning On A Light To Try And See The Blackout !

 

 

 

Highlights from KTFA Monday Night Conference Call

Frank recalled that 2 weeks he told us about the media blackout…and now we are seeing it…

We are seeing articles talking about the media blackout, and even the parliament banned the media from their meetings.

The CBI is trying to exit article 14 and qualify for article 8…this week there will be a IMF article 4 review to see if they qualify for international status.  In franks opinion this is the last article 4 review they will have before going international. 

In Franks opinion the first and only place to see the new rate announcement is at the CBI.

As we grow close to Iraqs currency being international…Frank warns that there will be people trying to make you attractive offers trying to get a hold of your dinar……and you should stay away from them….
....

 

There is a date and a rate….but we at KTFA don’t know them….Is the target date in June?    In I-Teams opinion we will not be waiting for June.

In Frank’s opinion the budget is done…first and second readings are done.

Mrs. O is in China….two weeks ago China was very angry with O and the USA..

Articles came out saying that Chinese currency is in trouble and need of help and that made China angry.

Now we see Mrs O going to China…could someone be with her to help quiet the Chinese?

China needs the Monetary Reform even more then the USA…their economy is deeply troubled….can China afford to wait?

In Franks opinion the Ukraine is a “squirrel”….notice how we’ve gone from brink of war in Syria, and now to brink of war in the Ukraine…..Frank says these are “diversions.

Just like the USA needs the IQD to be successful…China needs the VND to be successful.  If China and the USA are 2 of the most powerful countries in the world, then why are they relying on 2 third=world countries to revive them??  They can hide our problems and Iraq and Vietnam need the support of the larger countries. 

SDR banking was passed in 2010…study this

The USA now has AAA credit rating….How did that happen??

Delta also agrees that the budget is done and has been read 2 times….Iraqiya TV says the third reading will be on Sunday.. so its possible it will be released in the 2 weeks following this.

Delta says we absolutely can see a new rate before this….The budget does not have to be released to see a new rate.

Delta read an article about all the work Iraq  has done to get ready for WTO ascension…

We are seeing an urgency in the GOI to have everything done.and in Deltas opinion..Iraq is ready

In Deltas opinion we can very easily see the new rate before the Iraqi elections. .

Frank feels very good about his information and where we are with the RV…and that the time to release the rate I very near.

Delta feels we can see the new rate at any time, and to keep our eyes on the CBI

The call ended with a prayer.

[Alex38]

When that budget comes out and there is no new rate... that's gonna be funny.

[respectron]

[Nadita]

Ron,

 

I agree LOL

Thuggie

 

Thanks for the info  from CNN to our home

[jeepguy]

wow   I  bet  it  was  fun  making  this  closed off conference  call ,  being on the side lines  drinking all of the  punch  !   { why  would  china  need the  v-n-d   to be strong ?  and believing mrs  O  is  there  to  better  economic relations of currency markets is  the craziest ,  well not  the craziest  , these guys  have put out there ...... }  sooooooo   the  I  team  isn`t   waiting  for  june ......  I wonder if they are going to  tell us  January 1st  2015 ??? is  the new go date ............... 

[jeepguy]

hahahahhaa   and  if  mrs  O    is  there  for  a meeting  of currency  minds ,   why  did  she  take  the  kids  and  grandma ?    it would  seem  in  bad posturing   tooo   take  the  kids ,  when  one  of  them  towers  over  the  ruling  powers of  china .....    

[sandfly]

AND THE US DOES NOT HAVE AAA

[easyrider]

AND THE US DOES NOT HAVE AAA

http://www.marketwatch.com/story/fitch-affirms-us-aaa-ratings-outlook-stable-2014-03-21?link=MW_latest_news

 

Fitch affirms U.S. AAA ratings, outlook stable

 

 

 

 

 

 

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By Barbara Kollmeyer

MADRID (MarketWatch) -- Fitch Ratings affirmed the U.S.'s AAA long-term foreign and local currency credit ratings with a stable outlook on Friday, a move that removed the negative outlook that had been in place since Oct. 15, 2013. "The federal debt limit was suspended in mid-February in a timely manner and in a way that avoided casting uncertainty over the full faith and credit of the US, in contrast to the crises in August 2011 and October 2013," said Fitch in a statement. Fitch said U.S. gross general government debt should peak at 100% of GDP in 2014 before falling slightly for four years. That's below the 110% threshold previously identified as incompatible with a AAA rating. It also sees federal government debt at 72.5% of GDP for 2014. Fitch said the U.S. has greater debt tolerance than its peers, due to the dollar and the country's benchmark fixed-income asset. However, Fitch said after the suspension of the debt limit ends in March 2015 there is a "risk of renewed brinkmanship" that could undermine the dollar, and external liabilities are high. 

Edited March 26, 2014 by easyrider

[sandfly]

THANKS EASYRIDER, BUT I HAVE A ? IN JAN, IT WAS AT A-. SO IN TWO MONTHS HOW CAN IT GO FROM A- TO AAA

[easyrider]

THANKS EASYRIDER, BUT I HAVE A ? IN JAN, IT WAS AT A-. SO IN TWO MONTHS HOW CAN IT GO FROM A- TO AAA

right so if they are AAA again did something happen we arent being told? i dunno.  Found it odd myself.

[sandfly]

YEP THIS IS ODD.  DOES ANYONE HERE KNOW

[Djorgie]

Ho Hummmm... Yes Frank, we've heard all about the media blackouts, the second reading of the budget, blah blah blah ... What does any of this have to do with a RV?

 

All of these things have taken place many times before and they did NOT result in an RV so, what I'd like to know is what is so different about these things now that make them relevant to a RV?

[idplzr]

When the news of the restoration of the AAA rating came down, it was reported the reason was because the extension of the debt ceiling had been resolved without turmoil.

Edited March 26, 2014 by idplzr

[yendor]

hahahahhaa   and  if  mrs  O    is  there  for  a meeting  of currency  minds ,   why  did  she  take  the  kids  and  grandma ?    it would  seem  in  bad posturing   tooo   take  the  kids ,  when  one  of  them  towers  over  the  ruling  powers of  china .....    

 

Yeah, if Michelle Obama is over there for any reason at all, it is strictly for pleasure. She is like her husband.... Hasn't a clue about running a government.

[AmericaInc]

Yes, we should get rid of O and bring back Bush

that way we could have two more oil wars, a crashed economy and a strong 1%

 

Why don't we get rid of both of their kind and get an independent government with no ties to Dems or Repugs?

[yendor]

Better yet, let's get rid of Wash. D.C. and start all over again with a government OF THE PEOPLE !!

[Rome M]

Remember when many states wanted to secede? Can we just all petition for DC and their goons to secede? Hahaha

[whatsthis]

Yes, we should get rid of O and bring back Bush

that way we could have two more oil wars, a crashed economy and a strong 1%

 

Why don't we get rid of both of their kind and get an independent government with no ties to Dems or Repugs?

I agree with getting rid of O but it would be just as big a mistake to bring back Bush who let all the factories run off to other parts of the world all this economic problem didn't come from one guy but it all started when Clinton was in office we need another pres like Ronald Reagan who understands macroeconomics.

[10 YEARS LATER]

It's just a guess; Frank is proof of "better living thru chemistry" . . .