Early Morning Sczin & Chattels Discussion Part 1 of 2
Post From Wealthwatch.world Chat Room 7-20-15
tipsyterror: Howdy folks! Just now getting here... May I presume that Maliki has so far failed to uphold his promise to go away?
chattels: ‹@tipsyterror› i have not seen anything about his departure recently
chattels: ‹@tipsyterror› the Eid celebration ends Sunday or Monday
chattels: ‹@tipsyterror› Parliament reconvenes on the 27 th
sczin11: CONFIRMATION 2 SIDES OF THE BUDGET... INVESTMENT SIDE NOT FUNDED
sczin11: WHAT WE SEE HERE, IS SPECIFIC REFERENCE TO THE INVESTMENT SIDE OF THE BUDGET, AND DIRECT REPORTING THAT THE CBI HAS NOT FUNDED IT...
CLEARLY SOME IN COUNTRY SALARIES HAVE BEEN PAID, AND THAT WOULD BE IN DINARS...REMEMBER, THE DINAR IS THE DINAR...
A CHANGE IN VALUE WOULD HAVE NO BEARING WITHIN THE COUNTRY....
SHORT TERM IMMEDIATE LOANS WOULD CERTAINLY HELP WITH CASH FLOW, IN ORDER TO GET SOME OF THE PROJECTS CONTRACTED FOR, GOING....BUT,
THEY CERTAINLY WOULD NOT SOLVE THE PROBLEM LONG TERM... IT WOULD SEEM, THEY ARE WAITING FOR A CHANGE IN VALUE OF THE EXCHANGE RATE, IN ORDER TO MAXIMIZE THE RETURN ON THE ALLOCATED FUNDS FOR THE INVESTMENT SIDE OF THE BUDGET....
OTHERWISE, WHY NOT TAKE A BEATING, AND USE THE FUNDS SET ASIDE FOR THE BUDGET NOW?
sczin11: Financial distress affect the investment budget for the ministries and cut off the livelihood of more than four million Iraqis
sczin11: "...."The problem lies in the investment budget."
sczin11: "the investment part of the budget represents the backbone of the infrastructure through the implementation of projects that provide jobs,"
sczin11: READ WHOLE ARTICLE wealthwatch.world/showthr... http://wealthwatch.world/showthread.php?tid=1192
chattels: ‹@sczin11› every word ? :)
Doug_W: ‹@chattels› is that like "Do I HAVE to"
sczin11: ‹@chattels› GM YES READ EVERY WORD, LOL
sczin11: LETS THINK ABOUT THIS JUST FOR A FEW SECONDS
sczin11: YOU KNOW ENOUGH ABOUT HOW BUDGETS OPERATE...EVEN IN CORRUPT COMPANIES
] sczin11: YOU HAVE TO HAVE A BASE OF DOLLARS, A POOL OF MONEY, TO START OFF WITH..
sczin11: WHETHER IT IS A MUNICIPALITY WHERE TAX DOLLARS ARE ESTIMATED OR DONORS WHERE CONTRIBUTIONS ARE HOPED FOR
sczin11: THERE ARE COMPLICATED FORMULAS USED WHEN ASSETS ARE NOT READILY AVAILABLE TO BE USED
sczin11: AND THEY ARE BASED ON HISTORY AND PROJECTIONS
sczin11: IN IRAQ, 2015, WAS BASE PARTIALLY ON OIL PRICES AT $56 / BARREL
sczin11: SO, WE KNOW, NO MATTER HOW LOW OIL MAY HAVE FALLEN AT TIMES, AS WELL AS THE RISE DURING THE YEAR...
sczin11: THERE HAS TO BE MONEY ALLOCATED FOR THIS BUDGET
sczin11: AND IT MUST BE DISTRIBUTED PROPORTIONATELY ACROSS ALL THE LINE ITEMS
sczin11: AND IF, IF, IF...WE ASSUME THEY ARE TRYING TO STAY COMPLIANT WITH INTERNATIONAL STANDARDS, PROTOCOL, AND REQUIREMENTS...
sczin11: THEY MUST ADHERE TO THESE BASIC PROCEDURES
sczin11: SO, WITH ALL THAT BEING SAID
sczin11: WE KNOW THEY HAVE SENT MONEY OUT FOR SALARIES, HOWEVER LITTLE IT MAY BE
sczin11: THEY SHOULD HAVE SENT MONEY OUT FOR "THE OTHER SIDE"
sczin11: THE INVESTMENT SIDE....THAT IS !
sczin11: WHY HAVE THEY NOT?
sczin11: The End!
chattels: ‹@sczin11› perhaps they have expended monies allocated for the investment side for the costs of the war, etc. ?
chattels: the internally displaced, and the families of the dead " martyrs "
sczin11: ‹@chattels› PERHAPS, HOWEVER, WITH ALL THE HUMANITARIAN AIDE AND REDUCTION OF RESERVES...I WOULD THINK THE BUDGET MONIES WOULDNT BE HARMED
sczin11: PLUS, USUALLY, A LINE ITEM FOR EXCEPTIONAL CIRCUMSTANCES WOULD HAVE SOME AMOUNT
BOBBY: morning all
sczin11: THE BOTTOM LINE IS, THERE HAS TO BE SOMETHING AT THE CBI, LIQUID...AVAILABLE... AND YET IT HAS NOT BEEN RELEASED...IF WE ARE TO BELIEVE THIS RELEASE I REFERENCED ABOVE
sczin11: ‹@BOBBY› GM
BOBBY: I see the 2 of you are right at it lol
chattels: Abadi ranks corruption equal to DAESH, so who knows how much is being grafted / stolen, eh ?
sczin11: ‹@BOBBY› ALWAYS...IT MAKES FOR GOOD DISCUSSION
sczin11: ‹@chattels› I AM TRYING TO GIVE THEM BENEFIT OF DOUBT HERE, BASED ON THE INVOLVEMENT OF THE IMF AND WB RECENTLY
BOBBY: yes it does..good to see intelligent thoughts for a change
sczin11: THERE ARE MORE CONTROL GROUPS NOW, MORE THAN EVER BEFORE
chattels: ‹@sczin11› understood
sczin11: ‹@BOBBY› ESPECIALLY WHEN THEY ARE BASED FROM OPPOSITE SIDES OF THE SPECTRUM
BOBBY: sczin.. do you believe they have made a dent in the corruption in the last year?
chattels: yin / yang
chattels: chocolate / vanilla
sczin11: ‹@BOBBY› ONE WOULD HAVE TO BE BLIND NOT TO SEE THE ADVANCEMENTS THEY HAVE MADE...IF WE ARE SEEING THE REPORTS, THEN SO ARE THEY
sczin11: EVEN THE RELIGIOUS LEADERS ARE STARTING TO SPEAK UP
sczin11: UNLESS WE ARE TO BE TOTALLY CONNED BY WHAT HAS BEEN FOUND IN PRINT
sczin11: LET ME ASK YOU ALL THIS
BOBBY: sczin 11 I am all ears sir
sczin11: WITH SANCTIONS AGAINST ALL IRANIAN BANKS INTERNATIONALLY,
sczin11: AND WITH THE KNOWLEDGE THAT IRAQ, UNTIL A FEW DAYS AGO WAS STILL DEALING WITH AT LEAST ONE OF THEM
sczin11: WHY, WHY, WHY, WAS THERE SO FAR, ONLY ONE BANK BROUGHT OUT INTO THE WORLD VIEW
sczin11: TO BE ANNOUNCED THEY ARE CUT OFF
sczin11: FROM DOING BUSINESS WITH IRAQ NOW?
sczin11: THERE HAD TO BE A CONNECTION OF EXTREME IMPORTANCE AND SIGNIFICANCE WITH THAT ONE BANK
sczin11: WE DISCUSSED IT IN CHAT I BELIEVE SATURDAY MORNING
sczin11: I POINTED OUT TWO POSSIBLE REASONS
sczin11: ONE WAS A CONNECTION TO MALIKI
sczin11: AND WHAT DID WE FIND LATER THAT DAY
sczin11: INK WHICH CONNECTED MELLI BANK AKA THE NATIONAL BANK OF IRAN,
sczin11: ONE OF THE LARGEST, IF NOT THE LARGEST BANKS IN IRAN
sczin11: WITH I BELIEVE ONE LOCATION IN IRAQ
BOBBY: sczin... wasn't Maliki s corruption and ties with Iran proven?
sczin11: CONNECTED TO THE FORMER PM MALIKI REGIME
sczin11: ‹@BOBBY› I AM NOT CERTAIN ANY FACTS HAVE GONE THROUGH THE SJC, AS YET
BOBBY: we should ask Kaperoni.... he seems to have info lol lol lol
BOBBY: just kidding.
sczin11: ‹@BOBBY› EVERYONE HAS OPINIONS..NOT INFO...AND QUITE FRANKLY, ANYONE WHO DEVOTES THEIR TIME AND ENERGY, WITHOUT CONFLICTING PURPOSE, SHOULD BE GIVEN THE BENEFIT OF DOUBT..
sczin11: NO PROBLEM WITH DEBATING THE OPINIONS, RESPECTFULLY
BOBBY: oh trust me ..i doubt him
chattels: BAGHDAD / Nina / head of the Virtue Ammar Tohme stressed the need to balance the interest of the security of the cities and the implementation of wide-scale military operations to liberate areas of Daash, noting that the principle has to be taken into account in all cases and circumstances.
[07/20/2015 07:44:16 AM] chattels: ninanews.com/Website/News...
BOBBY: My question... what solid evidence do they have on Maliki then as a whole?
whitelions: ‹@sczin11› if you don't know why speculate in dinar land they take it as fact just say I don't know and will let you know when we fin out for sure OOTW is a great researcher as well as Deb
chattels: because of the transfer of resources to the war fronts and direct confrontation with the regulations Daash leading to the creation of gaps in those cities. "
chattels: ninanews.com/Website/News... http://ninanews.com/Website/News_Details.aspx?CSJAJYgN2OFm38MxN14KCw%253d%253d
chattels: ‹@whitelions› gm
sczin11: ‹@whitelions› GM... I AGREE, BUT SOME THINK THEY DO KNOW...THATS THEIR OPINION...UNLESS IT IS BASED ON OTHER OBJECTIVES, OPINIONS ARE LIKE EMOTIONS..ONE CAN CHOOSE TO APPRECIATE THEM , OR NOT...JMHO :)
BOBBY: whitelions... good morning
sczin11: ‹@BOBBY› NO IDEA WHAT THEY HAVE, ONLY KNOW WHAT I READ
chattels: BAGHDAD / Nina / Select House Speaker Saleem al-Jubouri, next Saturday as the date for the next meeting of the Council. He called in a press statement issued by his press office on Council members to attend the session on schedule, and follow-up materials on the agenda.
The House of Representatives to raise its held on the fifth of July present, headed by Salim al-Jubouri, and the presence of 244 deputies until further notice after one passed a law that ended read four draft laws, notably the general amnesty and accountability, justice and the prohibition of the Baath Party.
BOBBY: sczin11,,, facts are just that
[07/20/2015 07:47:39 AM] chattels: ninanews.com/Website/News...
whitelions: ‹@BOBBY› they have so much on Maliki they can kill him over and over BUT they signed an amssty agreement with him for him and the people in the highest offices as part of the deal to get him out of office so we are hopeing they tri him in ternaitnal court for crimes ajanst humanity
whitelions: ‹@chattels› gm
BOBBY: seems to me this is one of the last place for facts
chattels: Courtesy of sczin11
Comments may be made at the end of Part 2 Thank You