Don961: Intelligence crowd: people of Mosul are selling electrical household Their equipment to meet the needs of money
August 18, 2016 | 22:17 | Views: 106 Show
Intelligence crowd do many of the people of Mosul to sell electrical appliances and many of their household items because of their need for money and their inability to be provided under the financial crisis that hit the city
Don961: Happened in Kirkuk .. the biggest theft of state funds and waste of public money
Kirkuk-Iraq Press -19 August / August: investigations revealed the Integrity Commission's office in Kirkuk, about what he described as "the largest theft of state funds and waste of public money," the county.
According to an official source, the "revealed the office, on Thursday, the liberation of forged instruments operations across Arafa Ahli Bank, is based in the northern city of Kirkuk, and the transfer of funds worth more than 60 billion dinars," returned to "fraud and waste of public money, a process that revealed the the largest of its kind since the date of the founding of the office. "
The source, who asked not to be named, said: "The operation was done by passing instruments forged and remittances from Arafa Bank and evacuated was issuing an arrest warrant against the director of the bank and investigated under Article 444 for the waste of public money," noting that "initial investigations proved the existence of thefts and legal irregularities and transfer payments and dealing with illegal banking companies and transfer of funds to the areas under the control of Daesh gangs, in Mosul, Ramadi, Fallujah and Hawija. "
The source speculated that "investigations reveal further details enables access to the mafias of corruption and thieves of public money to maintain" .anthy (1)
Naphtalo: Brought forward from 7/25/2016
What does it mean to float the currency?
Floating currency is to make the exchange rate of the currency as an editor in full, so that the government does not interfere , or the central bank in the determined directly.
But it is automatically excreted in the currency market by supply and demand mechanism that allows for the identification of the national currency exchange rate against foreign currencies .
And fluctuate prices of floating currency exchange constantly change with each witnessing supply and demand for foreign currency, so it can be changed several times per day.
Flotation forms can be either pure or flotation be directed:
- pure flotation: are left to determine the exchange rate to market forces and themechanism of supply and demand in full, and the state refrain from any direct or indirect intervention.
- Flotation prompt: is left to determine the exchange rate to market forces and the mechanism of supply and demand, but the state intervenes (via the central bank) as needed in order to guide the exchange rates in certain directions by influencing the size of the offer or demand for foreign currencies.
Supporters of flotation for as long as theorists monetary school in Economics defended ( Milton Friedmanmodel) for floating currencies, claiming that the liberalization of exchange rates will make it reflect the economic fundamentals of the various countries (growth, trade balance, inflation , interest rates), and will lead it thus to restore the balance of relations and business accounts The current account is constantly and automatically.
And they see these economists, like the neoclassical trend in the economy, that the liberation of all prices -osar goods and services, interest rates, labor prices (wages), foreign exchange rates (exchange rates) - and leave the identified markets without any interference or direction from the state, always ensures access to state of balance.
This stems from the belief in blind efficient markets, despite the fact that economic reality has proved more than once that the markets in the absence of oversight and control lead to disaster ( the mortgage crisis real estate in the United States model).
And justify those convinced the currency float , saying that any trade deficit will lead to an intense demand for foreign currency, which will lead to devaluation of national currency against foreign currencies, and thus to enhance the competitiveness of thecountry concerned.
This sponsor, they say, increase exports and reduce imports, Viatdl so the trade deficit is due to a state of balance. The same logic works in reverse direction if there is a trade surplus.
The supporters of the flotation welcomed very much the adoption of major economies in the world to systems of floating exchange rates (flexible) , after thecollapse of the Bretton Woods agreement in the seventies of the last century, which had been laid down by the International Monetary system based on fixed exchange rates (but adjustable) between currencies.
Context switching cracked the Bretton Woods system in the summer of 1971 after the United States formally reneged on its commitment to transfer all traded in dollars to the world 'sgold, according to the price specified by the Convention in 1944 (US $ 35 each equivalent ounces of gold.
Nhart the value of the dollar for gold did greenback -gar gold - backed and controlled exclusively for the accounts is monetary policy the US without any regard for the interests of the rest of the world an international standard has theconfidence of everyone.
Maintaining a fixed exchange rate against the dollar also has become extremely difficult for many of the economic powers in the world, the latter began to adopt a floating exchange rate system under which left free to determine the value of the foreign exchange market based on supply and demand law.
Disappointed after several decades of the adoption of a floating exchange rate systems and disseminated to a large number of countries around the world (including developing countries), the currency was floated promises rebalancing has been done to the trade balances of the world, the hopes of his supporters did not materialize.
Artificially low exchange current moved far from the supposed level that leads to a balance, and the biggest proof of that is the size of global imbalances (Global Imbalances), which reached record levels and still are resistant to treatment.
The United States and some European countries as well as many developing countries known as the case of a structural trade deficit for several decades, and in return you know China , Germany , Japan and oil - exporting countries trade surplus structurally.
Instead of floating currencies that ensures a rebalancing of international trade relations, the world knew the case of monetary instability due to the continuing exchange rates and fluctuations big change, which is sometimes subject to any rational logic because of the psychological factors that frame the movement of global speculators.
Hawkman: PTR Dan...said on call today his people are saying great news of soon RV so said a friend of mine who listens to their calls
SassyD: Why A Deutsche Bank Whistleblower Turned Down A $8.25 Million Reward: In His Own Words ----- "We must protect shareholders from executive wrongdoing... I turned down a whistleblower award", writes former Deutsche Bank employee Eric Ben-Artzi -- 8/18/2016
Emailed to Recaps:
BREAKING: UNPRECEDENTED EXEC ORDER JUST SIGNED | Rob Kirby
Emailed to Recaps:
What Could Possibly Go Wrong Handing Off the 800 Numbers to a Group of Lawyers
Posted By: CapnGriff
Date: Thursday, 18-Aug-2016 13:00:16
What Could Possibly Go Wrong Handing Off the 800 Numbers to a Group of Lawyers
When I heard the news yesterday (August 17, 2016) that the Chinese Elders had given the 800 numbers which were/are to be used for booking appointments for foreign currency exchanges I was elated. Then about two hours later, more information came out that they had been given to eight lawyers working or retained by Well Fargo banking corp.
At that moment, I honestly, meaning I honestly asked myself what could go wrong with this scenario?
Not to my surprise, we arose this morning with no 800 numbers to call and at first no idea why not. But, I had an inkling from yesterday. Sure enough, and the only intel I can find is from Philip Tilton that the bankers had decided not to deliver the 800 numbers to the world because the New Republic has yet to announced formally.
Tilton goes on to assert that this is only a minor glitch and all will be put back on track quickly. Certainly, I hope he is right. We all do.
That said, though, if we have to wait for some legal maneuvers around the New Republic of the USA whether it is safe proofing our redeemed proceeds or announcing of the New Republic to the masses this could easily grow into another protracted wait on the part of holders of foreign currencies.
So that all readers understand what I am saying is this: I do not know exactly what the legal hang up is as I write this. However, it does not seem to be something like punctuation in the documents it is more in line with questions if Wells Fargo is still controlled by the cabal or do we have to wait for a public announcement is made that our government has switched from a corporate oligarchy to a new republic.
The questions can be many these are just a couple of logical ways a mind can travel.
Bottom line is: What could go wrong with our redemption scenario now that the Chinese are depending on a bunch of lawyers to make the wheels turn?
My experience with lawyers is they move cases forward at the speed of a glacier. I pray for heavenly intervention for us all. Without that, it could easily be a long cold winter.
Phillip Tilton - - Today - Correction just issued.
Bouncing off Fisher last night - 800 numbers were NOT distributed last night.
Fisher has great contacts but he made an error last night.
WE DO HOWEVER HAVE CONFIRMATION FROM LEGAL SOURCES THAT WF DOES HAVE THE 800 NUMBERS!!!!!
IT LOOKS AS THOUGH THE RV HAS STARTED.
HOWEVER THERE APPEARS NOW TO BE A HOLD-UP WAITING FOR POLITICAL CHANGES - MANY FED GROUPS AND AGENCIES ARE SECEDING FROM THE FED GOV.
SEE EO ISSUED THIS MORNING!