[Jester] gm castle mods, peeps, lurkers, and critters... been watching a few minutes so let me try and clear a couple things up real quick..
Jester] child of god was close.. but the fed is not being absorbed by the ust... the ust is divorced from the fed already and the fed liquidated $15T of assets to the ust in the divorce...
Jester] the fed is another entity entirely that containes other functions required in the world such as western union and other bank wire transfer activities... all international bank wired go through that sysytem... they will continue doing that...
Jester] but they will have nothing to do with central banking activites of the ust any more...
[Jester] and while i'm at it... lots of activity out in the real world in the news considering the basel iii issues... they are starting to get the word out...
[BLESSME] Jester gm do you think it could show today? Rv
Read More Link on Right
[Jester] BLESSME it could show at any time... when they get ready it will...
[oxglove] Jester was this one of the dominos you have been waiting for?
[Jester] oxglove been saying they have to have announcements... and that they will be getting the word out...
[greasee5] Jester the other morning xyz posted an article of a iterview with LeGarde, and i put her last statement on here, which noone seemed to grasp, she said its time for gov't's to take control of their central banks, i believe she said take the baton, but thats a summation,imo
[mbillions] greasee5 hmmmm
[greasee5] mbillions yes, that was a very tell tale statement imvho
[Jester] greasee5 the imf is the regulating authority for the central banks so to speak...
[greasee5] Jester yes i agree, just thought that statement of taking the baton from the fed. was a very interesting statement to put out there, imo
[cashinqueen1] greasee5 very interesting......
[Jester] sorry i missed all the hellos... i had that already typed in and i didn't want to lose it...
[thp329] Jester Do you believe the report of $3.00+ in Iraq?
[Jester] thp329 i don't believe what i cannot check out and make sure is right... i do not like to put out rumors...
[texan1] Jester have there been events that have changed the process lately
[Robertprofessor] Jester Apparently, this Snowden person did not run away with the rv button. Sounds like IMF can push the thing just about anytime now.
[oxglove] Robertprofessor Jester Snowden statement: http://www.dailypaul.com/291115/statement-from-edward-snowden-070113
[cookiesdad] Jester .... i am assuming (yes I know about assuming) that you watched the Fed this morning .... how come you didnt tell us that the US is the originators of the B3 and how the US is changing the world financing with our leadership?
[Jester] cookiesdad because i am not sure that is correct...
[cookiesdad] Jester ..... i was really being sarcastic
[highhopes] cookiesdad All computers need a sarcasm font...imo
[cookiesdad] highhopes roflmao
[Jester] Basel III (or the Third Basel Accord) is a global, voluntary regulatory standard on bank capital adequacy, stress testing and market liquidity risk. It was agreed upon by the members of the Basel Committee on Banking Supervision in 2010–11, and was scheduled to be introduced from 2013 until 2015; changes from January 7, 2013 extended implementation until 2019 however. The third installment of the Basel Accords (see Basel I, Basel II) was developed in response to the deficiencies in financial regulation revealed by the late-2000s financial crisis. Basel III was supposed to strengthen bank capital requirements by increasing bank liquidity and decreasing bank leverage.
[Jester] i didn't make that up i copied it out of wikipedia... lol
[Newbeez] @DailyFX: Basel III Indicates Tighter Capital Requirements for Larger Banks – http://www.dailyfx.com/forex/market_alert/2013/07/02/Basel_III_Indicates_Tighter_Capital_Requirements_for_Larger_Banks.html
[Midnight] Bazil 3 was just approved by Fed vote per CNBC
Readynow] Jester was the fed vote this morning one of the process things that needed to be done?
[Jester] Readynow it is part of things that need done... they need to get the word out because the changes being made need a cover... this will explain it all...
[AceKing] Jester First off, thank you for all the intel you provide us. I just popped back in, and I'm not sure if you addressed this question... Is there any truth to the rates showing in Iraq?
[Jester] AceKing i have no proof and therefore i hear it as rumor same as you...
[hoot2602] Jester One of the things that has been enjoyable is to see all the creative ways that castle members have asked you for a rate...yet, you have dodged all of them! Great job!
[cookiesdad] hoot2602 ... he is the master
[Jester] hoot2602 texan1 it has been interesting... lol
[slickops] Jester...Hello...hi....I have been unable to talk but I thank you for all you have done for soooo many.Not likely to have that chance after today.
[Jester] slickops ty
[Jester] ok... i have some things to do... i just wanted to pop in and clear up that question about the fed... and point out the things happening in the news about the basel iii stuff... keep watching! it is happening before our eyes...
[abbababy] Jester :bighug: GM Looking to hear that all is almost done. Keep hearing done by Okie & others, but what does the word done really mean? When will everyone stop using done if it is not really done. I appreciate your honesty & time? Confusion is not laxed with this info.
[Jester] abbababy you ever cook bacon in the microwave and get it right the first time? i always have to keep adding a bit more time to get it the way i want it.. and sitting there watching it does not make it get done any faster... but eventually it gets the way i like it and then it is done... lol
[cookiesdad] Jester ... everything is better with bacon!!!
[Jester] cookiesdad gotta have my bacon... lol
[sektor] basically this is a huge process and alot of it does appear to be done IMO and the rest of it is not to far off. I can almost honestly say that we truly are closer than we have ever been in years IMHO
[abbababy] Jester Ok but I never have problems cooking bacon. I set the bacon on the pan and grill it until it is done. I never need to guess with bacon. But then again I do no start something unless I know how it is going to finish. Evedently the people that put this in place did poor planning. love
[ChildOfGod] abbababy well put
[Jester] abbababy well... translate that to putting a 12 course dinner together and only having one pan to cook it in and see how you do.... lol
[Jester] gotta go... you guys take care... and take care of each other...
[sektor] abbababy I wouldn't say poor planning I would say with different agendas
[Readynow] abbababy I think they did great planning. How ekse ci=ould something of this magnitude have even started
[Jester] ok... got to bolt... redwolf and others are wearing my phone out... lol
[corerv] Its not over til the fat lady eats the bacon