Omega Man October 5, 2014 at 8:32pm I
INTEL UPDATE: FROM MY CONTACT:
one of the US Treasury contractors I work with called today and said that they have it on good authority that sometime between tonight and Tuesday the TRN should go live and the letters will be sent out.
He said that he was told the new USN notes are being moved into the banks and, when they are loaded, the TRN is to be released.
While we've heard same before, he was adamant about the release.
BLOOMBERG: COMPLETE OVERVIEW OF THE CORRUPT GLOBAL BANKING EMPIRE
(THIS IS A MUST READ) Posted by EXOGEN on October 5, 2014
EXOGEN DISCLOSURE HAS LANDED… THIS WILL BLOW YOU AWAY!!!!
Ml > EXOGEN Disclosure at this level may unravel toward the FULL DISCLOSURE needed to chart a course toward true freedom. Exo, I am blown away and am deeply encouraged by Bloomberg sharing this report.
Ml There is relevance to the timing of this news.
I have heard from a friend who personally witnessed the level of surveillance related to the IQD that involved the breaking of an NDA agreement leading to a full loss for that individual.
It is quite true that we are living in the midst of historic events in which the true impact and meaning will not be known for some time. The enormity of this GFC/GCR will impact all societal structures. I do sense a level of disclosure will be necessary to alter the way in which we see our world and engage one another.
Several years ago, I sat in a briefing that detailed the Pentagon's concern over financial wars. They ranked it as a National Security issue.
I recall that climate change was also ranked as a National Security Issue. Actually it was more like a focus group than a briefing to test citizen awareness through various what if scenarios involving questions like, How will you manage if you are not able to access money from your bank or ATM?
I feel certain much of the change that we have seen in banking laws and procedures are related to wires, etc., are due this concern.
Today, as I reflect on the nature of that meeting it carries new meaning.
walkongstick wrote on October 5th, 2014,
Policy makers set to attend G20, IMF and World Bank meetings
By Gavin Jackson
Washington DC is likely to become even more swamped with policy makers this week as the G20 and the International Monetary Fund and World Bank annual meetings all kick off.
The International Monetary Fund is set to release the latest World Economic Outlook report on Thursday.
Last week, Christine Lagarde, managing director of the Fund, warned of a “new mediocre” in the world economy and hinted the global outlook was likely to be cut for 2015.
Elsewhere, the focus is likely to be on central banks and the German economy with policy meetings by the banks of Japan and England, the release of minutes for the last Federal Reserve meeting and all of August’s industrial production data for Germany.
The Bank of Japan’s meeting tomorrow will be the first big event of the week. The bank is expected to keep monetary policy unchanged and continue to target a monetary base of Y270tn.
Recent economic data has been disappointing, and last week the yen fell to a six-year low against the dollar. However, the bank can point to growing employment as a source of potential inflationary pressure and is expected to wait before any further stimulus.
The Bank of England, whose Monetary Policy Committee meets on Thursday, is also likely to keep interest rates on hold. The BoE was split seven to two against a rate increase at the September meeting. Since that meeting the release of disappointing survey data and lower than expected inflation is likely to prevent any further movement.
Minutes from the September meeting of the Federal Open Market Committee will be released on Wednesday. The debate about the Fed continues to be how soon and how sharply rates will rise following the end of the quantitative easing programme.
The minutes of the meeting should provide some context as public comments by FOMC members have demonstrated a range of views.
German industrial data, out today and tomorrow, is expected to show a slight decline after a good July. The extent of the decline should show whether this was a one-off or a sustained rebound in the eurozone’s largest economy.
walkingstick » October 5th, 2014,
India, BRICS to seek faster reforms at International Monetary Fund,
World Bank meets
Arun S | New Delhi | Published: Oct 06 2014, 01:49 IST
India, along with other BRICS-member countries, will “aggressively pitch” for expediting reforms at the International Monetary Fund and World Bank Group at the forthcoming annual meetings of these global bodies.
This is to ensure that these international financial institutions provide greater voice and representation to developing countries and address their developmental needs.
“During the annual meetings (to be held in Washington DC from October 10-12), India will highlight the need for IMF quota reform and the World Bank Group voice reform,” a senior finance ministry official told FE.
On October 2, IMF managing director Christine Lagarde said: “To be effective in the 21st century, we (IMF) need to be adequately resourced and adequately reflect the dynamic nature of our global membership.”
“To that end, the vast majority of our members have approved an IMF governance measure: the 2010 Quota reform. We now await approval by our largest shareholder — the United States — which we hope will happen soon,” she said.
The US has been accused of holding up the implementation of the 2010 quota reform agreed upon by IMF member countries for ‘a major realignment in the ranking of quota shares under the reform package so that the Fund better reflects global realities’.
The US was to adjust its share and increase its contribution to IMF, but the US Congress is yet to give its approval for the move. The Congress approval would have paved the way for the emerging economies, including India, getting a higher share.
Currently, the US has 16.75% out of total votes and 17.69% of the total quota in IMF. Since important IMF decisions need 85% approval, this cannot happen without a US nod.
As per IMF norms, each member country is assigned a quota based on its relative position in the world economy. Quota subscriptions are the primary sources of the IMF's financial resources, the IMF said, adding that a member’s quota determines its maximum financial commitment to the IMF and its voting power, and has a bearing on its access to IMF financing.
A significant development that is likely to happen on the sidelines of the IMF and World bank Group annual meetings is the meeting of the BRICS member countries (Brazil, Russia, India, China and South Africa) to take forward their decision to operationalise the New Development Bank (or BRICS Development Bank). India and China are awaiting the parliaments of South Africa, Brazil and Russia to ratify