Early Saturday Morning:
Pearle: 29-2016 Delta URGENT FROM IRAQI TV: MINISTRY OF YOUTH CALLING ATHLETES TO RECEIVE A MASTER CARD ON 08/02.
Quote: "Tuesday approved the second of next August, to receive a MasterCard card."
DELTA: IT'S VERY INTERESTING, I REMEMBER A WHILE BACK A GM AT RAFIDAIN BANK STATING THAT "THEY CAN'T ACTIVATE MASTER CARD UNTIL CBI LIFT THE ZEROS."
Pearle: I think we are one step closer, they are putting things in order.
The Rafidan bank is an international bank, I think they just opened up a few days ago
Earlier in the week Millionday said it was an international bank...so they have the Visa cards, now they are getting MC
Late Friday Night:
NWMontana: Deutsche Bank and Santander fail US stress test
Deutsche Bank and Santander fail US stress test 30 June 2016
Nearly all large US banks have passed the Federal Reserve's annual stress test, with only US units of Deutsche Bank and Santander failing.
The test is designed to judge whether banks operating in the US can weather a major economic downturn.
Santander Holdings and Deutsche Bank Trust Corp had already failed last year.
The Fed said that "broad and substantial weaknesses" persisted in the banks' capital planning.
While all 31 large US banks passed the test, Morgan Stanley only got conditional approval and has to submit a new capital plan by the end of the year.
For Germany's Deutsche Bank it was the second year that the subsidiary of the German lender failed the test while for Spain's Santander it was the third time.
While the Fed noted improvements for the two banks, the regulator said there were continued substantial weaknesses.
The annual test looked at the 33 biggest banks in the US to see how they would be able to keep operating even in a severe financial crisis and economic downturn.
The tests were launched in the wake of the 2008 financial crisis.
Banks that pass the test are effectively getting a green light to raise dividends or repurchase shares.
But these returns to investors cut into a banks' capital reserves, and can make firms more vulnerable during an economic downturn.
Therefore, regulators like the Federal Reserve want to keep check on whether or not a bank is permitted to raise its dividend.
"The participating firms have strengthened their capital positions and improved their risk-management capacities," Fed Governor Daniel Tarullo said. "Continued progress in both areas will further enhance the resiliency of the nation's largest banks."
Eccl519: If the Dinar is international, it must be at a hidden level from the public that satisfies The IMF and BIS. For this to get at the level of Public Exchange is a Huge step for everybody in control. Imo, I believe this is a caution zone for all involved….Whole countries are waiting to exchange thier Dinar for forgiving debt to Iraq... This is the plan and it can't be changed or else Iraq would sink
Yada: Eccl,,the knowing is important for us,,of course, their is a veil over the approach as there have been over any type of government programming or financing,,Im glad they took all the precautions so when we get it , and expecting it now, it will not be lost or lost its impact in our economy,,Plus, when something so large approaches, you do not realize how big this is,,
Eccl519: Yada: That's right, thechnically speaking there's been nothing bigger in the Global sense to put together...thus the info wars!
InfinitePower: What not to do with your RV money.
Firefly ...You can have a monetary reform without an ECONOMIC reform ... BUT ...You cannot have an Economic reform without a currency shift...An Economic reform requires what? FUNDS.
Q: [so either way we win! Yes?]
Firefly: I haven't heard otherwise...It's a much bigger picture than most realize
Q: [or could they start the reforms and stop or draw them out?]
Firefly: Once it started there is no turning back...because of the process and the order of events. So as we can see there is MUCH happening even as we speak. GREAT things are happening folks, just hold a tad longer.
Again I ask before I leave the room ... What happened in those 2 days that convinced the IMF to release a portion of the funds!
Emailed to Recaps:
TANK : We were waiting for the Tier 3 redemptions and PAYMASTERS to be liquid-that is done. The New Republic Treasury has been meeting since 9:30 AM to firm up last minute protocols. When that meeting let's out, we were told it would go.
The rates from the sitrep, confirmed, accept for the Afghani, which was off by 50 cents.
Also, I received multiple reports of Wells Fargo banks not processing Transfers, and deposits today because they needed to be "reviewed by the US Treasury", bank staff reporting they had never seen that message before.
I think that has to do with both their lack of liquidity, and we're in the midst of changing over to a gold backed currency system.
Frank26 video: https://youtu.be/XkHHfsQ8qm4?t=4