From Recaps Comment Section: 8/28/16 5:30pm
Artsand: I've been driving for a ride sharing company and last night I drove a nice young man from Zimbabwe. We spoke on a number of subjects and I asked if he knew anything about their currency.
He mentioned that his father was in the government and specialized in finance and that something very VERY unusual was about to happen.
I mentioned the RV and its purpose and scope and he confirmed that his father had told him that yes, the currency was being REVALUED September first.
We were both very excited and we talked about the future for our world!
AlLonghorn: elmerf How is Okie doing?
Elmerf123456: Okie is expectant as the rest of us. He has good days and some not so good days with his breathing but he's a strong willed man and tough as nails.
BouncingAlong: We have heard the amnesty law is to go into the gazette today....wonder if anyone has been able to confirm it actually happened?
From my friend across the pond. Yes the Amnesty Law has in fact passed parliament and agreed by all sects. It will now go to the Gazette in print. This has been long coming. Also as a bonus, what once was a main road controlled just south of Mosul, has now been reopened and is clear of any devices.
This is a major accomplishment. Iraqi people are returning to their homes safely and are grateful and celebratory to have to reunited and returned to their families.
SassyD: Confidence in the Fed Sinking Fast from Greenspan to Bernanke to Yellen: How Much Confidence Do You Have? -- August 27, 2016 -- https://mishtalk.com/2016/08/27/confidence-in-the-fed-sinking-fast-from-greenspan-to-bernanke-to-yellen-how-much-confidence-do-you-have/
TnDr: Currency speculation becoming more mainstream. ...check this out! https://www.yahoo.com/finance/news/jim-rogers-bought-north-korean-132343883.html
Freeway2: Tndr Thanks for the link. Maybe the fact that Jim Rogers has zim, could account for the high rate we are hearing.
BGG I cannot see how anyone is actually following the financial details of this thing and not be thoroughly EXCITED about where we are (finally!)...
One point that gets missed alot - they have signed deals and agreed to remove and adhere to a more "international standard" regarding their internal MCPs... (..."multi-currency practices")... THIS IS HUGE...
MCPs coming to an end...this is a big point in their whole "economic reform package" - it is a complete overhaul... MCPs and currency being only one point of the program...even until recently - they are still (or have been) operating under some odd MCPs.
The WB and IMF doesn't like it...they have agreed to change - and have taken direct action and taken on breath-taking reforms on daily...it's happening before our very eyes.
Jay: Is it possible for Mosul to be announced 2 to 3 days prior to the 9th or 10th...IYO...Of coures. It just seems that with todays article about it and Obeidi being allowed to follow through with the completion of Mosul, that maybe it got thrusted to a closer time.
Frank26: I said the 9th.............. But sure .......... Why not? My 9th is my STUDY ................ Nothing solid.
Don961: Iraqi calls to investigate smuggling 700 billion dollars
4:01 AM ADMIN
Baghdad/ Iraq TradeLink: Iraqi Parliamentary Financial Commission called the Iraqi government, in cooperation with international organs, to investigate the smuggling of 700 billion dollars since 2003 till now.
Member of the Commission Abdul Qadir Mohammed reiterated that the Iraqi parliament called, earlier, the government to exert efforts to discover the fate of Iraqi funds abroad.
"Iraq is fully in need for these funds at this stage", he pointed out.a
Samson: Moves to restore money diverted
8/29/2016 0:00 BAGHDAD Alaa al - Taie
financial advisor to the Prime Minister, about the presence of motionless by the government in coordination with the United Nations, in order to recover millions of dollars smuggled out of the country during the years Almadih.otota revealed that step, according to government adviser appearance of Mohammed Saleh, during his speech »
Sabah» after the signing of Iraq to a memorandum of understanding with the United Nations, requires the involvement of international investigators to review and audit the files of corruption and prosecute those involved in them in a manner consistent with the internal preparations in the government 's program and the document of reform to fight corruption and restore the money smuggled out of the country
in order to achieve justice Alajtmaih.oukal Saleh, the great mobility «and unspoken »is underway in coordination with the United Nations and international investigators, and the support of the Iraqi government, the aim of the money smuggled restore, pointing out that these steps are part« of the national will adopted by the government of Prime Minister Haider al - Abadi, under its comprehensive reform, which aims to fight corruption and restore the people's money ».
financial adviser said, that the government 's understandings with the United Nations development program and investigators international in order to expand cooperation to restore the people 's money looted during periods Mokhtlvh.sv favor of the nature of the tasks performed by UN investigators in the fight against corruption and money - back contraband,
pointing out that investigators missions the core is «review and scrutiny and the intersection of some of the well and the names and activities during the past ten years» explaining that the duration of the work of the investigators and the memorandum signed with the government, to carry out those tasks, set two years, subject to Tmdid.kma Saleh stressed, that the memorandum includes assisting Iraq in the detection of You corruption and prosecute those involved who have fled outside the country, and work to restore the money smuggled over the past years.
MBGrad: Dr. Shabibi Speaks:
Alshabibi: Maliki wasting money. Build a new home to accommodate 30 million
Sure, the governor of the central bank of Iraq. Former Dentist Alshabibi " to the former Prime Minister and the leader of the state of law coalition " Nouri Al-Maliki " received more funds from all the provisions of the republic of Iraq " together " from the boss ‘bdạlkrym qasim to Saddam Hussein, and amount.
And he said alshabibi, that " the money is received by the maliki was enough to build a new home to accommodate 30 million be security for all human beings in the world, showing that al-Maliki invited to four members of his party, the governor of the great Within the central bank, and they're not from gates with specialty even affected the central bank and took random hit her tons, namely, the director of the department of money laundering, and the director of the legal department, and the director of the control of the banks, and the director of the chamber, remarkable economic To take the rampant corruption within the central bank before colleagues maliki at the party ".
Viper: An Internet Giveaway to the U.N.
If the U.S. abdicates internet stewardship, the United Nations might take control.
Aug. 28, 2016 5:52 p.m. ET
When the Obama administration announced its plan to give up U.S. protection of the internet, it promised the United Nations would never take control. But because of the administration’s naiveté or arrogance, U.N. control is the likely result if the U.S. gives up internet stewardship as planned at midnight on Sept. 30.
On Friday Americans for Limited Government received a response to its Freedom of Information Act request for “all records relating to legal and policy analysis . . . concerning antitrust issues for the Internet Corporation for Assigned Names and Numbers” if the U.S. gives up oversight. The administration replied it had “conducted a thorough search for responsive records within its possession and control and found no records responsive to your request.”
It’s shocking the administration admits it has no plan for how Icann retains its antitrust exemption. The reason Icann can operate the entire World Wide Web root zone is that it has the status of a legal monopolist, stemming from its contract with the Commerce Department that makes Icann an “instrumentality” of government.
Antitrust rules don’t apply to governments or organizations operating under government control. In a 1999 case, the Second U.S. Circuit Court of Appeals upheld the monopoly on internet domains because the Commerce Department had set “explicit terms” of the contract relating to the “government’s policies regarding the proper administration” of the domain system.
Without the U.S. contract, Icann would seek to be overseen by another governmental group so as to keep its antitrust exemption. Authoritarian regimes have already proposed Icann become part of the U.N. to make it easier for them to censor the internet globally. So much for the Obama pledge that the U.S. would never be replaced by a “government-led or an inter-governmental organization solution.”
Rick Manning, president of Americans for Limited Government, called it “simply stunning” that the “politically blinded Obama administration missed the obvious point that Icann loses its antitrust shield should the government relinquish control.”
The administration might not have considered the antitrust issue, which would have been naive. Or perhaps in its arrogance the administration knew all along Icann would lose its antitrust immunity and look to the U.N. as an alternative. Congress could have voted to give Icann an antitrust exemption, but the internet giveaway plan is too flawed for legislative approval.
As the administration spent the past two years preparing to give up the contract with Icann, it also stopped actively overseeing the group. That allowed Icann to abuse its monopoly over internet domains, which earns it hundreds of millions of dollars a year.
Earlier this month, an independent review within Icann called the organization “simply not credible” in how it handled the application for the .inc, .llc and .llp domains. The independent review found Icann staffers were “intimately involved” in evaluating their own work. A company called Dot Registry had worked with officials of U.S. states to create a system ensuring anyone using these Web addresses was a legitimate registered company. Icann rejected Dot Registry’s application as a community, which would have resulted in lowered fees to Icann.
Delaware’s secretary of state objected: “Legitimate policy concerns have been systematically brushed to the curb by Icann staffers well-skilled at manufacturing bureaucratic processes to disguise pre-determined decisions.” Dot Registry’s lawyer, Arif Ali of the Dechert firm, told me last week his experience made clear “Icann is not ready to govern itself.”
And Icann rejects the community application for the .cpa domain made by the American Institute of CPAs, which along with other accounting groups argues consumers should expect the .cpa address only to be used by legitimate accountants, not by the highest bidder.
An AICPA spokesman told me he has a pile of paperwork three feet high on the five-year quest for the .cpa domain. The professional group objected in a recent appeal: “The process seems skewed toward a financial outcome that benefits Icann itself.”
The only thing worse than a monopoly overseen by the U.S. government is a monopoly overseen by no one—or by a Web-censoring U.N. Congress still has time to extend its ban on the Obama administration giving up protection of the internet. Icann has given it every reason to do so.