Pappa-J: Family you may not see the relevence as to why Doc and Thunder are posting these type of articles (See Article Below) ------ THINK!!!! YOU JUST SAW HONG KONG TAKE A BEATING IN THE MARKET WHY?
THERE IS A NEW GLOBAL REALITY THAT IS FORMING ---- LOWER PRICING BECAUSE OF THE FACT THAT ALL CURRENCIES WILL BE ASSET BACKED.
THINK OF IT THIS WAY IF A BABY GETS TO MUCH AIR ALONG WITH IT'S MILK YOU NEED TO BURP IT RIGHT? TO DEFLATE THE TUMMY---
PARALLEL THE MARKETS THEY HAVE TO BE BURPED AS WELL JUST BURPED HK, NOW WATCH THE EU AND LAST BUT NOT LEAST THE US MARKET .
DOC HAS BEEN POINTING AND TELLING YOU FOR WEEKS --- PAINFUL IT MAY BE BUT PART OF A WELL CONSTRUCTED PLAN!!!!! CONNECT THE DOTS!!!!!
ThunderHawk :Backdoc Alert
Europe Stocks Selloff Deepens as Global Growth Worries Intensify
Islandg1211 : Yesterday, I pointed my comments to the Bankers dozen, expecting better management, claiming that no, currency of any country isn't a speculative investment (day trading is).
A Dinar is a Dinar no matter who holds it or here, just like a Euro or USD. We, as U.S. Citizens have paid for Iraq's security and our military has sacrificed so much.
Today, Ron Paul is telling the Fed the same thing, ( See article below) it's your fault, it was your responsibility to properly manage our market.
I like who is talking to and blaming - not the politicians .....not even Frank! I wish more could just take out their Dinar, USD, Pound, etc and say, "Stop speculating with the value of our money" to those who have the responsibility manage it.
Thunderhawk: Ron Paul: Blame the Fed, Not China for Market Crash
Last week's historic stock market crash was caused not by China, but by the US Federal Reserve, according to former US Congressman Ron Paul.
In a column published on his website Sunday, Paul blamed the crash on flawed monetary policy from the Fed, and not on China’s recent currency devaluation, as many experts said.
"The Federal Reserve's inflationary policies distort the economy, creating bubbles, which in turn create a booming stock market and the illusion of widespread prosperity. Inevitably, the bubble bursts, the market crashes, and the economy sinks into a recession," said the former congressman from Texas.
An increasing number of American lawmakers have incorrectly proposed fixing flaws in the US monetary system by forcing the Fed to follow a "rules-based" monetary policy, Paul said.
"Forcing the Fed to 'follow a rule' does not change the fact that giving a secretive central bank the power to set interest rates is a recipe for economic chaos. Interest rates are the price of money, and, like all prices, they should be set by the market, not by a central bank and certainly not by Congress," he said.
Rather, Congress should begin restoring a free-market monetary system, according to Paul.
"The first step is to pass the Audit the Fed legislation so the people can finally learn the full truth about the Fed. Congress should also pass legislation ensuring individuals can use alternative currencies free of government harassment," said the former presidential candidate.
"When bubbles burst and recessions hit, Congress and the Federal Reserve should refrain from trying to 'stimulate' the economy via increased spending, corporate bailouts, and inflation. The only way the economy will ever fully recover is if Congress and the Fed allow the recession to run its course."
Not only is China not to blame for the crash, but Beijing’s large purchase of US Treasury notes helped the United States "postpone the day of reckoning," Paul continued.
"The main reason countries like China are eager to help finance our debt is the dollar’s world reserve currency status. However, there are signs that concerns over the US government’s fiscal irresponsibility and resentment of our foreign policy will cause another currency (or currencies) to replace the dollar as the world reserve currency. If this occurs, the US will face a major dollar crisis."
Moreover, many Americans falsely believe they must sacrifice their liberties in order to obtain economic and personal security, Paul said.
"Eventually the United States will have to abandon the warfare state, the welfare state, and the fiat money system that fuels leviathan's growth. Hopefully the change will happen because the ideas of liberty have triumphed, not because a major economic crisis leaves the government with no other choice."
Thunderhawk: Backdoc Alert
VIDEO: The little-used NYSE rule that can tame a wild market
The New York Stock Exchange invoked the little-used Rule 48 to pre-empt panic trading at the stock market open on Tuesday after implementing it three times in a row last week.
The goal of Rule 48 is to ensure orderly trading amid financial market turbulence. It's only used in the event that extremely high market volatility is likely to have a floor-wide impact on the ability of designated market makers (DMMs) to disseminate price indications before the bell.
Unlike a circuit breaker that stops stock trading, Rule 48 speeds up the opening by suspending the requirement that stock prices be announced at the market open. Those prices have to be approved by stock market floor managers before trading actually begins. Without that approval, stock trading can begin sooner.
To invoke Rule 48, an exchange would have to determine that certain conditions exist that would cause market disruptions. Those conditions include:
volatility during the previous day's trading session
trading in foreign markets before the open
substantial activity in the futures market before the open
the volume of pre-opening indications of interest
Rule 48 was invoked a few times in recent years, including on Tuesday, January 22, 2008 and on Thursday, May 20, 2010. In 2008, the stock markets were subject to great volatility over fears of a global recession and in 2010, the European debt crisis caused panic buying and selling. The rule was also invoked during the August-September 2011 time frame, when European debt crisis fears and U.S. government shutdown debate again roiled the markets, and in January 2015, during extreme winter weather.
In all, Rule 48 has been invoked 77 times since 2008 (it was approved by the Securities and Exchange Commission on Dec. 6, 2007.) Rule 48 waives requirements under the older Rule 123D for stock openings when an individual stock is going to open significantly lower or higher than the prior day's close.
And in what was quite likely a first for hidden stock exchange protocols
Full text of Rule 48, Exemptive Relief—Extreme Market Volatility Condition
(a) In the event that extremely high market volatility is likely to have a Floor-wide impact on the ability of DMMs to arrange for the fair and orderly opening, reopening following a market-wide halt of trading at the Exchange, or closing of trading at the Exchange and that absent relief, the operation of the Exchange is likely to be impaired, a qualified Exchange officer may declare an extreme market volatility condition with respect to trading on or through the facilities of the Exchange.
(b) In the event that an extreme market volatility condition is declared with respect to trading on or through the facilities of the Exchange, a qualified Exchange officer shall be empowered to temporarily suspend at the opening of trading or reopening of trading following a market-wide trading halt: (i) the need for prior Floor Official or prior NYSE Floor operations approval to open or reopen a security at the Exchange (Rules 123D(1) and 79A.30); and/or (ii) applicable requirements to make pre-opening indications in a security (Rules 15 and 123D(1)).
(c) A suspension under section (b) of this Rule is subject to the following provisions:
(1)(A) Before declaring an extreme market volatility condition, the qualified Exchange officer shall consider the facts and circumstances that are likely to have Floor-wide impact for a particular trading session, including volatility in the previous day's trading session, trading in foreign markets before the open, substantial activity in the futures market before the open, the volume of pre-opening indications of interest, evidence of pre-opening significant order imbalances across the market, government announcements, news and corporate events, and such other market conditions that could impact Floor-wide trading conditions.
(B) Such review shall be undertaken in consultation with relevant officers of NYSE Market and NYSE Regulation, as appropriate. Following the review, the qualified Exchange officer or his or her designee shall document the basis for declaring an extreme market volatility condition.
(2) The qualified Exchange officer will, as promptly as practicable in the circumstances, inform the Securities and Exchange Commission staff that an extreme market volatility condition has been declared, the basis for such declaration, and what relief has been granted.
(3) An extreme market volatility condition may only be declared before the scheduled opening or reopening following a market-wide halt of securities at the Exchange.
(4) A declaration of an extreme market volatility condition shall be in effect only for the particular opening or reopening for the trading session on the particular day that the extreme market volatility condition is determined to exist. The Exchange may declare a separate extreme market volatility condition on subsequent days subject to sections (b)(1) through (b)(3) above.
(5) A declaration of extreme market volatility shall not relieve DMMs from the obligation to make pre-opening indications in situations where the opening of a security is delayed for reasons unrelated to the extreme market volatility condition.
(d) For purposes of this Rule, a "qualified Exchange officer" means the Chief Executive Officer of ICE, or his or her designee, or the Chief Executive Officer of NYSE Regulation, Inc., or his or her designee.
Walkingstick : G20 FINANCE MINISTERS AND CENTRAL BANK GOVERNORS’ MEETING PRESS RELEASE
4-5 SEPTEMBER 2015 ANKARA
The G20 Finance Ministers and Central Bank Governors’ Meeting will be held on 4-5 September, 2015 in Ankara, at the Sheraton Hotel.
Walkingstick: Reveal the "swamp" of the corruption of customs staff: 75% of revenue for the whales
Economy and Tenders Since 08/30/2015 18:20 pm (Baghdad time)
Special scales News
Detection of the Finance Committee member Massoud Rostam, Sunday, the existence of documents confirming most of the corruption of customs officials, noting that 25% of customs revenues go to the state treasury, and 75% go to large whales from the pockets of corrupt officials.
He said Rustam's / scales News / "The circles customs and border crossings has become a" swamp "of corruption staff and we have documents confirming that 25% of the revenue of those ports go to the state treasury, and approximately 75% goes to the corrupt bureaucrats' pockets."
He said the Finance Committee member Massoud Rostam that "the parliamentary finance these employees will be directed to open a file to hold them accountable and fight corruption in the circles of border crossings and customs."
This "revealed the economic and investment commission in Parliament, Saturday, for lack of seriousness of the government to apply the new customs tariff law," asserting that "the border crossing points in the western provinces under the control of the organization" Daash "terrorist, and some southern ports, however influential" politicians "and" heads of clans " , and the northern Kurdistan region, however, and the forces "Peshmerga".
Said committee member Najiba Najib's / scales News / that "most of those border crossings and Alcomerah outside the control of the state," pointing out that "the government is not serious so far the application of the new customs tariff law."
She Najib that "the Western ports, however, terrorists Daash and some other ports in the south, dominated by" influential "senior" officials "and" tribal leaders "and they have the final say in those ports", while confirming that the "customs outlets in Kurdistan under the control of the provincial government and the Peshmerga. "
She member of the economic and investment commission in Parliament that "the head of customs body said during the meetings already held that the infrastructure is well suited for the application of tariff Alcomerah Web law creating a good environment," indicating that "the new law of customs tariff faithful of great benefit to increase non-oil revenues through taxation on goods imported from abroad, ".anthy / 29 / d 24 Link
JDTolle » September 1st, 2015, Ahead of the demands
You cannot avoid the fact that life demands much of you. What you can do, is demand even more of yourself.
Expect more of yourself than others expect of you. Then, instead of being pressured by the expectations and demands of others, you’ll already be way ahead of those expectations.
Set your standards higher than anyone else you know, and live each moment true to those high standards. You’ll never have to be concerned about failing to meet anyone else’s standards.
Set your own deadlines, far in advance of those deadlines you know you will have to meet. Then, instead of rushing to catch up, you’ll already be able to move forward to whatever is next.
Life is demanding, yet you can choose to be even more demanding of yourself. That enables you to meet the demands of life on your own terms.
Choose to see life’s demands not as a burden, but as an opportunity. Get out ahead of those demands, where you can work on your own terms to create achievement, satisfaction and fulfillment.
Ralph Marston Wishing All a safe and blessed day JDT
P.S. Sin makes its own hell, and goodness its own heaven. -- Mary Baker Eddy