Post From Wealthwatch.world -- Sczin11 & Member Chat Discussion
Sczin11: I HAVE A THOUGHT, CRAZY AS USUAL FROM ME, LOL,....
disciple7: ‹@sczin11› shoot
sczin11: THE SUSPENDED 14 BANKS, PRIVATE AT THAT, WERE REINSTATED A FEW DAYS AGO...
tourman: but they are under severe supervision right?
sczin11: THESE ARE THE SAME BANKS ACCUSED OF BEING INVOLVED IN THE CORRUPTION AND LAUNDERING
sczin11: THE IMPLICATIONS, ARE MALIKI INVOLVED
sczin11: KEYWORDS TIED TO MALIKI
MichelleL: donnie is suggesting manuka honey, but its very expensive - go for local honey
sczin11: POWER STRUGGLE BETWEEN GOVERNMENT OF IRAQ AND CBI
sczin11: LAW SUIT TO STOP THE CAP IN BUDGET STILL NOT REPORTED AS DECIDED
disciple7: ‹@sczin11› so what u saying? u think banks are cleaned up or M still has them in a choke hold?
sczin11: FAKE INVOICES FOR AC UNITS AND REBAR TURNED UP AT CUSTOMS BORDERS
tourman: ‹@sczin11› they are just doing what ever the **$$ they want without regards to constitution or laws. seems like anyway
disciple7: welp nevermind
sczin11: COULD THIS BE LAST DITCH EFFORT BY THE CORRUPT, AS THEY REALIZE THE END IS NEAR?
MichelleL: sounds like m's dirty hand is still in the mix, or trying to be
sczin11: ABADI STATED THIS PAST FEW DAYS, NO SALARIES IN DOLLARS, THE DINAR WILL BE THE UNIQUE CURRENCY FOR THE PEOPLE, AND THE EXCHANGE RATE WILL BECOME BENEFICIAL FOR THEM
sczin11: COULD THEY BE FLOODING THE BANKS, WHO ARE NOT CHARGING THE TAXES AS OF NOW,
TO MINIMIZE THE PEOPLE RUNNING TO THE BLACK MARKET, ENTICE THEM TO USE THE BANKS,
ALL OF THEM NOW, AND HOPEFULLY MINIMIZE THE BENEFITS OF BLACK MARKET PURCHASING?
sczin11: ‹@Donnie› MY ONLY QUESTION WOULD BE, WITH THE SIZE OF THEIR CURRENT RESERVES, AND MANY ARTICLES WE HAVE SEEN, HOW THEIR SIZE COMPARES TO OTHER COUNTRIES, WHY THE NEED TO INCREASE RESERVES?
sczin11: I DO HAVE A THOUGHT ON THAT QUESTION, AS WELL, LOL
Donnie: ‹@sczin11› greed? can u ever have enough/too much Dinar?
Donnie: but more important is the new value of the CBI reserve after MR!!
sczin11: GEARING UP FOR A MORE SUBSTANTIAL , INITIAL EXCHANGE PAYOUT...
REMEMBER, UNTIL THE IRAQI DINAR APPEARS ON THE FOREX, THE CBI WILL BE RESPONSIBLE FOR THE INITIAL COSTS ON THE INCREASE IN THE EXCHANGE RATE OF THE NEW IRAQI DINAR...
sczin11: DONNIE... BINGO
chattels: ‹@sczin11› keep thinking Yang, and speaking ...................... we all need some sunny side to this long journey
UNEEK: ‹@sczin11› you have my attention -- I question & wonder a lot about the dinar / and how they (whoever) are going to handle the exchange -- and I really really wonder about the value of the us dollar at the same time
Donnie: ‹@UNEEK› glad u brought up the value of the USD when the MR takes place - can you imagine if the dollar drops a lot before the MR what the CBI will be valued at after MR?
chattels: it is indeed far harder to be optimistic than skeptical about the potentiality of our liquidity event
chattels: my compliments to all
sczin11: THE MAIN QUESTION TO ME IS, HOW DOES FLOODING THE MARKET WITH DOLLARS HELP TO INCREASE THE DOLLARS IN RESERVE TO HELP WITH MR EXCHANGE?
THEY DO NOT NEED DINAR IN POSSESSION TO COMPLETE THE MR PROCESS? OR DO THEY?
THEY NEED TO GET THE LARGE NOTES IN, SO THEY CAN RELEASE THE LD'S, RIGHT?
Donnie: Iraq could be waiting on USD to drop some before MR also
sczin11: SO U SEE, ARGUMENTS CAN BE MADE WITH AND WITHOUT ROSEY DINAR GLASSES ON...:)
UNEEK: I dont speak very much about the economic situation as there is much I do not understand - but I do understand spending & borrowing and cheating & stealing - unfair taxes & high interest rates - overpaid salaries etc in our government -- I feel we are on the brink of a major collapse or some disaster economically --
sczin11: ‹@UNEEK› WHILE IT APPEARS SO, THE US OF A IS NOT GOING UNDER...THERE IS NO ROOM IN THE WORLD FOR SUCH TO OCCUR....JMHO
UNEEK: It is amazing there are so many that sit and all they do is manipulate the value of money and think of ways to save their hide and prolong the inevitable
UNEEK: am i wrong in my thinking?
Donnie: it's called QED
Donnie: artificially propping up the markets
sczin11: LOOK HOW EASY IT IS TO GET DEBT FORGIVEN, ELIMINATED COMPLETELY, IN BANKRUPTCY COURT?
sczin11: LOOK HOW FAST THE GOVT BAILED OUT ARBITRARY ? COMPANIES, IN 2008?
Donnie: depends on the debt - can't get rid of CC debt
sczin11: THEY PICKED A FEW BIG BUSINESSES WHO WERE HURTING, AND BACKED THEM UP
Donnie: like GM and Chrysler but NOT Ford
sczin11: ‹@Donnie› I DISAGREE... OBVIOUSLY THEY LOOK AT THE RECENT TRANSACTIONS, BUT CC DEBT IS ONE OF THE FIRST TO BE FORGIVEN..THE BANKS GET NOTIFIED TO APPEAR, AND IN MOST CASES CHOOSE NOT TO
sczin11: ‹@Donnie› HOW ABOUT AIG...THE RICHEST COS IN THE WORLD...AN INSURANCE COMPANY NO LESS
Donnie: there is a law that says CC debt can't be wiped out but just set aside so to speak until ur able to pay for it
Donnie: i was referring to PPL going bankrupt
Donnie: all those companies getting bailed out made me sick
UNEEK: Before I got into this investment I never thought much about the increase in prices - other than the cost for making it or getting it increased - because another link in the chain increased their price for their part -- I never thought about an entity that literally "controlled" and had the power to "manipulate" the price of goods -- and it was not necessarily for the benefit of us but "them" - which leads to "political" involvement & "deals" ughhh -- simple minded thoughts but I think you will understand what I mean
sczin11: ‹@Donnie› AND EACH STATE HAS THEIR OWN TIME LIMITS, TO WHICH THEY CAN HARASS U FOR PAYMENT, AFTER THAT DATE, NO MORE
Donnie: and then the banks - then the banks CEO's getting bonus the next year.... unacceptable
sczin11: ‹@Donnie› Agreed, sickening
sczin11: ‹@Donnie› BUT DONT FORGET, MOST DID ANNOUNCE TAKING A DECREASE IN THE SIZE OF THEIR BONUS
Donnie: ‹@sczin11› LOL - they should have been put in jail and fined NOT given any bonus
sczin11: OKAY, GOTTA GO FOR A FEW HOURS..GOOD CHAT AND THOUGHTS I HOPE, SEE YOU ALL LATER
Doug_W: be well FL11
UNEEK: yes that whole bail out thing was because there were friends and families & favors -- that was soooo unacceptable - and the bonuses -- that was like pouring gas on the fire -- boy I was angry for a long time about that