From Recaps Comment Section:
Martha: All I'm going to say is watch the next sequence of dates being tomorrow 6/17/2015.also watch Greece,I just received data about the Grexit? (Forgive spelling).
There may be a back wall of the 22nd but I'm hoping not. Don't shoot the messenger!
Think asset backed currency!
Bill: If Russia and Greece come up with some sort of a deal that allows Greece to skip their debt a la Iceland and there's considerable Russian money to help with the transition, I think we just may see the "domino" effect! Spain and Italy are watching and waiting!
tman23 The fact is that the GOI and CBI are in a battle...The only thing that helps Iraq is purchasing power...
I will even go out on a limb to say...Europe now faces more austerity measures...Greece faces bankruptcy and dropping out of the Euro...
Picture a dam with a large block missing in the middle...no matter what you do to try and maintain the water level it will remain a never ending cycle until the "hole in the dam is blocked"...
Austerity measures usually include more taxes...Iraq austerity has already cut payments 50% - 80% and are still running a 30% deficit... Taxes hardly fill that gap...and since oil revenue was a base for infrastructure development the unstable production and prices squash the revenue being directed towards development.
The IQD revalued is the block in the dam.
The IQD revalued is GOI purchasing power and answer to the deficit.
[xyz] Abadi reconsider the management of the Central Bank https://translate.google.com/translate?&u=http%3A%2F%2Fwww.ara.shafaaq.com%2F14681
[xyz] A government source reveals to take action to reduce the dollar exchange rate against the dinar http://translate.google.com/translate?u=http://www.alsumaria.tv/news/137357/-
xyz] Parliamentary Finance held an emergency meeting Sunday to discuss the rise in the dollar against the dinar http://translate.google.com/translate?u=http://www.alsumaria.tv/news/137357/-
Sumac: Well... Ramadan starts at sunset tomorrow... still hoping for Int'l release by then~! Tonight would be absolutely fine by me!!!
Going South: Going south is waiting on the call to go to bank... to exchange it could be any time ...........tonight
Tbirdd: Going.....ok, but are you pumped FOR tonite.... that's the question... Lol
Going South: tbird yes and my phone is been on fire all day … have great night… by bye buy
TZA: I also heard that things are hot for tonight, but so much information right now seems circular. Can't tell what's real
AZhombre : My 2015 USA calendar: First of Ramadan begins at sundown (Wed 6/17). (Eid) al Fitr begins at sundown (Fri 7/17)
Eid al-Fitr (infoplease) Ramadan ends with the festival of Eid al-Fitr, which in 2015 occurs on July 17. Literally the "Festival of Breaking the Fast," Eid al-Fitr is one of the two most important Islamic celebrations (the other occurs after the Hajj, or pilgrimage to Mecca). At Eid al-Fitr people dress in their finest clothes, adorn their homes with lights and decorations, give treats to children, and enjoy visits with friends and family.
A sense of generosity and gratitude colors these festivities. Although charity and good deeds are always important in Islam, they have special significance at the end of Ramadan. As the month draws to a close, Muslims are obligated to share their blessings by feeding the poor and making contributions to mosques.
[ivy10] Do you all know what a threshing floor is?
It was used for centuries to seperate the wheat from the chaff. I feel like many have been on the threshing floor waiting for the rv. Rough going.
but we will all come through on top, just as the prestine wheat did. IMO
There is an ending to everything. Our end of waiting is near!
G T June 16, 2015
The More I Read These Greece Articles...The More I'm Convinced they Hold a Major Key To This Monetary Reform
Greek PM tears into lenders as euro zone prepares for 'Grexit'
By Lefteris Papadimas and Erik Kirschbaum
ATHENS/BERLIN | Tue Jun 16, 2015 4:42pm EDT
ATHENS/BERLIN (Reuters) - Prime Minister Alexis Tsipras accused Greece's creditors on Tuesday of trying to "humiliate" Greeks with more cuts as he defied a growing drumbeat of warnings that Europe was preparing for his country to leave the euro.
The unrepentant address to lawmakers after the collapse of talks with European and IMF lenders at the weekend was the clearest sign yet that the leftist leader has no intention of making a last-minute U-turn and accepting austerity cuts needed to unlock frozen aid and avoid a debt default within two weeks.
Financial markets, for months indifferent to wrangling over releasing billions of euros of aid for Greece, reacted with mounting alarm.
European stock markets hit their lowest level since February and the risk premium on bonds of other vulnerable euro zone states leapt in one of the sharpest episodes of contagion since the height of Europe's debt crisis in 2012.
The White House warned that agreement was needed to avoid shaking financial markets further and Tsipras assured U.S. Treasury Secretary Jack Lew that Athens aimed to bridge the differences with creditors.
But with senior German lawmakers now openly discussing the once-taboo prospect of a "Grexit" from the single currency area, his fiery words suggested confrontation rather than reconciliation.
"I'm certain future historians will recognise that little Greece, with its little power, is today fighting a battle beyond its capacity not just on its own behalf but on behalf of the people of Europe," he said in a televised speech to legislators in his Syriza party, drawing loud applause.
Tsipras charged that the lenders were politically motivated in demanding pension cuts and tax hikes that hurt the poor, and their aim was to "humiliate not only the Greek government - this would be the least important - but humiliate an entire people".
European Commission President Jean-Claude Juncker reacted angrily, accusing the Greek prime minister of misleading the public and insisting that he had made clear that he was personally against hiking taxes on power and pharmaceuticals. "And the prime minister knows that," he said.
The rhetoric from Athens left it unclear whether Tsipras was preparing to default and risk economic collapse as the price of standing firm, or betting - wrongly according to creditors - on a last-minute effort by Europe to save Greece.
German Chancellor Angela Merkel, who has held repeated phone calls with Tsipras in recent weeks to press him to agree on reforms with EU/IMF negotiators, struck a despondent note, saying it was unclear if a deal could be found when euro zone finance ministers meet on Thursday in Luxembourg.
"Unfortunately, there is little new to report," she told a news conference, repeating that Greece must meet its obligations. "I have always said I want to do everything possible to keep Greece in the euro zone. I remain dedicated to that."
DEFAULT, GREXIT LOOM
More Reading Click On URL BELOW http://mobile.reuters.com/article/topNews/idUSKBN0OW16320150616?irpc=932
Winlady » June 16th, 2015, 8:05 pm
In September of 2005, on the first day of school, Martha Cothren, a History teacher at Valley Heights High School in Port Rowan,did something not to be forgotten.
On the first day of school, with the permission of the school Superintendent, the Principal and the Building Supervisor,she removed all of the desks in her classroom.
When the First Period kids entered the room, they discovered that there were no desks.
"Ms. Cothren, where are our desks?"
She replied: "You can't have a desk until you tell me how you earn the right to sit at a desk."
They thought: "Well, maybe it's our Grades."
"No." she said.
"Maybe it's our behavior." She told them: "No, it's not even your behavior."
And so, they came and went ~~~ the First Period, Second Period, Third Period.
Still no desks in the classroom.
Kids called their parents to tell them what was happening and by early afternoon,
television news crews had started gathering at the school to report about this crazy teacher who had taken all the desks out of her room.
The final Period of the day came and the puzzled students found seats on the floor of the desk-less classroom.
Martha Cothren said: "Throughout the day no one has been able to tell me just what he or she has
done to earn the right to sit at the desks that are ordinarily found in this classroom.
Now I am going to tell you."
At this point, Martha Cothren went over to the doorof her classroom and opened it.
Twenty-seven (27) Veterans, all in uniform, walked into that classroom, each one carrying a school desk.
The Vets began placing the school desks in rows,and then they would walk over and stand alongside the wall.
By the time the last soldier had set the final desk in place,those kids started to understand ---
perhaps for the first time in their lives --- just how the right to sit at those desks had been earned.
Martha said: "You didn't earn the right to sit at these desks. These heroes did it for you.
They placed the desks here for you.
They went halfway around the world, giving up their education and interrupting their careers and families so you could have the freedom you have.
Now, it's up to you to sit in them.
It is your responsibility to learn, to be good students,to be good citizens.
They paid the price so that you could have the freedom to get an education. Don't ever forget it."
By the way, this is a true story, and this teacher was awarded Veterans of Foreign Wars Teacher of the Year in 2006. She is the daughter of a WWII POW .