Post From Wealthwatch.world Chat Room 7-16-15 Part 2 of 3
** OOTW: FOR A REFRESHER HERE'S THE TITLE FROM THE ARTICLE ABOVE AND THIS IS WHERE WE'LL START
OOTW: Deputy for the National: F16 to enter the Iraqi service will resolve quickly the battle with terrorists
sczin11: LETS BRING IN CHATTELS COMMENTS FROM THIS MORNING AGAIN.. THEY WERE GREAT..
OOTW: HERE'S CHATTELS COMMENTS AND SCZIN11 AND I WILL BE HAVING A DISCUSSION HERE - PROMPTED BY CHATTELS' EARLIER COMMENTS - "" MP Ibtisam Hilali confirmed for the National Alliance that the entry of F16 aircraft to service,
it "will resolve quickly the battle with the terrorists " what are these National Alliance people smoking ?" chattels (Lobby) the U.S. and the coalition have flown hundreds of sorties thus far 2015-07-16 07:04:31chattels (Lobby)
OOTW: 2015-07-16 07:05:26 chattels and Daesh is very much with them 2015-07-16 07:06:16 chattels what difference are anothe 1/2 dozen F-16's going to make flown by inexperienced pilots ?
OOTW: SO WHY IS IT NOW SUCH A BIG DEAL THAT WE HAVE THESE F-16'S? IN IRAQ?
sczin11: HOW MANY SORTIES HAVE BEEN FLOWN BY THE COALITION OVER THE LAST YEAR PLUS, WITH OVER 60 COUNTRIES INVOLVED?
] OOTW: AND ONLY A FEW ARE MAKING A HUGE DIFFERENCE TO THE FIGHT AGAINST DA'ASH?
OOTW: SO MUCH ADO ABOUT LITTLE OVER THE ADDITION OF THESE FEW F-16'S
sczin11: MANY PEOPLE SUGGESTED A GROUND ATTACK WOULD BE NECESSARY
disciple7: ground attack is 1000% necessary
OOTW: SO WHY ARE WE BRINGING UP THE MILITARY - WE CAN SEE TODAY, THE IRAQI MILITARY (AND COALITION FORCES, THE CROWD AND SUNNI MILITIA) ARE BOMBARDING DA'ASH FROM ALL FOUR SIDES
OOTW: THE BORDER'S ARE OBVIOUSLY NOT SAFE WITH THE RELEASE OF "BORDER CONTROL" ANNOUNCEMENTS - A COUPLE DAYS AGO WE SAW
OOTW: SAFWAN PORT CLOSED AND THEY REPORTS SAID IT WAS DUE TO RESTRICT TRADE
OOTW: IN ACTUALLY ALL THE TRADE WAS DIVERTED TO THE KUWAITI PORT IN BASRA WHICH WE NOW SEE IS GOING TO BE OPEN 24 HOURS PER DAY FOR COMMERCIAL TRADE VEHICLES - WITH THE BANKS OPEN AS WELL TO COLLECT - WHAT BANKS DO AT A BORDER....
sczin11: ‹@OOTW› AND FOLKSD, WHAT DO BANKS DO AT BORDER CROSSINGS?
sczin11: THIS IS CLEARLY A NO BRAINER
] sczin11: THEY ARE THERE TO COLLECT TAXES
OOTW: ALSO WE SAW THE TREBIL BORDER CLOSED AS WELL (JORDAN)
sczin11: THAT WAS RELEASED TODAY...
sczin11: SO LET'S EXAMINE THIS A LITTLE FURTHER
sczin11: WE HAVE ISIS CONTROLLED BORDERS BEING CLOSED WITH ALL TRAFFIC DIVERTED TO AREAS AWAY FROM THEM
sczin11: AND AT THE SAME TIME WE HAVE AN ANNOUNCEMENT FROM PM ABADI.....
OOTW: HERE IS THE PRESS RELEASE FROM THE MINISTRY OF CUSTOMS (DIRECT) Maj. Gen. Jassim Al Hakim Jassam: The first of August will be the date for the application of the customs tariff law Director General of the General Authority for Customs Directorate Comerk visiting the southern region As part of the ongoing field tours Major General Jassem Al Hakim Jassam, Director General of the General Administration of Customs visited Wednesday, 07.01.2015 Directorate Comerk the southern region which stressed the customs tariff law will take its way to the application as from 1.8.2015,
and the face of sovereignty, director of the southern region of the need Comerk placing ads in all border posts showing the date of the application of the customs tariff. He also attended a meeting of the provincial council in Basra,
which was held in the building of the province for the obstacles to work at border crossing points, He referred to "the need for coordination with the bodies located in the port so as to ensure smooth flow of work and non-interference by the security authorities in the work of customs,
because such interventions can be reflected negatively on the movement of trade " The visit also included a field tour to do with a number of members of the provincial council of the port Safwan border through which the face of sovereignty and the need to increase efforts to raise the pace of work, also met sovereignty number of employees and agents output.
sczin11: SO LOOK AT THE TIMING HERE FOLKS
OOTW: THIS IS AN ARTICLE I BROUGHT TO YOU IN YESTERDAY'S CHAT - WITH WHAT WE'RE SEEING TODAY RE THE CLOSURE OF THE JORDANIAN BORDER, IT'S AN IMPORTANT REMINDER IMHO
OOTW: THEY'RE RECONFIRMING THAT THE TARIFFS WILL GO INTO EFFECT AUG 1 2015
sczin11: IF YOU REMEMBER WHEN THIS ANNOUNCEMENT WAS ORIGINALLY MADE BY THE COM, PM ABADI STATED THE TARIFFS WOULD BE IMPOSED
sczin11: "ACROSS ALL BORDERS"
sczin11: THE BIG QUESTION IS AND WAS... HOW CAN TARIFFS BE COLLECTED ON BORDERS CONTROLLED BY ISIS?
TxBrand: how much will that effect the people ?
sczin11: WELL FOLKS, IF THEY ARE CLOSING THOSE BORDERS, THEN GUESS WHAT?
sczin11: THEY CAN IMPOSE TARIFFS ACROSS ALL BORDERS...THAT ARE OPNE!
sczin11: ‹@TxBrand› WHAT, THE IMPOSING OF THE TARIFFS?
TxBrand: Muhammad Youssef Abdulazeez is that guys name that killed 4 today.
TxBrand: ‹@sczin11› yes
sczin11: ‹@TxBrand› WELL GOOD QUESTION, AND ONE WE HOPE THEY HAVE TAKEN CARE OF, IN THEIR PLAN
TxBrand: so it could be make or break time ?
sczin11: OBVIOUSLY THE POVERTY STRICKEN COUNTRY, CANT AFFORD THE GOODS NOW, THEY CERTAINLY WONT BE ABLE TO AFFORD THEM WITH HIGHER COSTS
sczin11: HOWEVER, WITH AN INCREASED PURCHASING POWER, AND THE LAUNCHING OF THE PRIVATE SECTOR...WELLL ...
sczin11: ‹@TxBrand› SMILE
TxBrand: hubby is kinda rolling his eyes at F-16s... that's just about the oldest planes we have
OOTW: HERE'S THE OFFICIAL INK FROM THE CABINET SITE
] OOTW: Fulfillment of customs tariffs in all border crossing points, without exception, 4/6/2015 9:38 Council of Ministers decided to approve the fulfillment of customs tariffs in all border crossing points, without exception,
as well as taxes, including sales tax on Kartat mobilize the mobile phone and the purchase of cars of all kinds in accordance with the provisions of article 33 of the federal budget for the 2015 law,
starting from the first of August 2015 and that the necessities of the process and artistic, and the continuation of the work currently in accordance with previous mechanisms until the said date. cabinet.iq/ArticleShow.as... http://wealthwatch.world/showthread.php?tid=2
TxBrand: I guess they can do damage
OOTW: " Fulfillment of customs tariffs in all border crossing points, without exception"
sczin11: THANK YOU OOTW
sczin11: ONCE AGAIN, WITHOUT EXCEPTION.... IF A BORDER IS CLOSED I HOPE THAT ELIMINATES COUNTING THEM IN
TxBrand: sounds logical to me
sczin11: NOW, THERE IS MORE ..... WE HAVE TALKED ABOUT THE BUDGET DEFICIT FOR A LONG TIME...SINCE JAN 29, 2015 WHEN IT WAS VOTED ON
OOTW: PLEASE SEE THIS LAW REFERENCE FROM THE PARLIAMENT SITE
[07/16/2015 05:13:46 PM] OOTW: The ratification of the Convention on the promotion and protection of investment between the Government of the Republic of Iraq and the Government of the Hashemite Kingdom of Jordan Law November 30, 2014
Name of the people Presidency Based on Maagherh the House of Representatives and approved by the President of the Republic and based on the provisions of subsection (I) of Article (61) and item (iii) of Article 73 of the Constitution President of the Republic decided on: 21/01/2015 Issued the following law:
No. (1) for the year 2015 The ratification of the Convention on the promotion and protection of investment between the Government of the Republic of Iraq and the Government of the Hashemite Kingdom of Jordan Law Article 1 of the Republic of Iraq to ratify the Convention on the promotion and protection of investment between the Government of the Republic of Iraq and the Government of the Hashemite Kingdom of Jordan signed in Baghdad on 12/25/2013.
Article 2 of this law shall be the date of its publication in the Official Gazette Reasons In order to ratify the Convention on the promotion and protection agreements signed between the Government of the Republic of Iraq and the Government of the Hashemite Kingdom of Jordan, signed in Baghdad on 12/25/2013 investment Initiated this law This law was published in the newspaper facts number (4353) dated 02/23/2015
sczin11: AND WHEN THE CRISIS CELLS WERE MEETING, AND THE COMMITTEES CONTINUED TO MEET,
AND THE COMMITTEES FORMED SUB COMMITTEES TO MEET, ALL IN THE HOPES OF FINDING BUDGET DEFICIT "MECHANISMS"... ANOTHER KEY WORD WE SEE OFTEN
sczin11: ONE OF THE MECHANISMS DISCUSSED, FOR THE UMTEENTH TIME IN THE LAST SEVERAL YEARS WERE THE TARIFFS IMPLEMENTATION
sczin11: AND EVERYONE WENT OH MY, NOT AGAIN?!
sczin11: HOWEVER, THIS TIME IS DIFFERENT.... WE HAVE NEVER SEEN THE COM GET INVOLVED IN MAKING STATEMENTS AS ABOVE WAS MADE...
OOTW: THE TRADE AGREEMENT WITH JORDAN IS DEFINITELY PASSED -
I MENTION THIS BECAUSE IRAQ HAS ESTABLISHED AN IMPROVED RELATIONSHIP WITH JORDAN - SO, THIS ACTION WOULD HAVE BEEN AMENABLE TO JORDAN AS WELL - JUST A SIDE NOTE
[07/16/2015 05:17:51 PM] OOTW: parliament.iq/details.asp...
sczin11: " Fulfillment of customs tariffs in all border crossing points, without exception"
sczin11: AND NOW , IS IT A COINCIDENCE, THE TIMING, IN THE LAST FEW DAYS, 2 BORDERS ARE CLOSED BY THE GOVERNEMENT, THAT ARE CONTROLLED BY ISIS?
OOTW: SO EITHER THIS IS A MILITARY OFFENSIVE APPROACH, BECAUSE TODAY THE OFFENSIVE IS SAID TO BE ATTACKING DA'ASH FROM ALL SIDES...
OR...THIS IS A COMBINATION OF A MILITARY PLAN AND AN ECONOMIC PLAN
OOTW: THEY WANT TO CONTROL NOT ONLY DA'ASH'S MOVEMENTS, BUT ALSO CAPITAL FLOWS
sczin11: HOW ABOUT MONETARY REFORM PLAN OOTW
Abraham: Tariffs would be a condition to loan agreements with the IMF and World Bank. It is one of the initial actions in a market economy
OOTW: REMEMBER DURING THE KOBER INSTITUTE INTERVIEW WHEREIN ABADI WAS INTERVIEWED, THE INTERVIEWER ASKED HIM,"WHY SHOULD INVESTORS COME INTO IRAQ WITH THE PRESENCE OF ISIL?"
OOTW: ABADI ANSWERED...PARAPHRASING.."WE ARE GOING TO COMMIT TO A MILITARY INTERVENTION IN ANBAR PROVINCE IN JULY AND WE EXPECT TO HAVE PREDOMINANTLY ADDRESSED DA'ASH BY JANUARY AT THE LATEST
OOTW: THEN...ABADI ADDRESSED HOW THEY WERE GOING TO TACKLE IRAQ'S LARGE BUDGET DEFICIT
AND HE, IN PART, RESPONDED BY SAYING THAT FOR THE FIRST TIME IN YEARS, IRAQ WAS GOING TO NOW BE IMPLEMENTING TAXES AND TARIFFS TO GENERATE REVENUE
OOTW: SO NOW WE'RE GOING TO SHOW YOU HOW THE PRIVATE SECTOR LINKS TO THIS INFORMATION
Abraham: ‹@OOTW› yes. The key being generate revenue
OOTW: WE KNOW THAT THEY STARTED ISSUING THE LOANS FOR THE PRIVATE SECTOR
OOTW: YES ABRAHAM
Abraham: Then they will introduce a licensing system to protect manufacturers in Iraq
OOTW: AND THEY'RE GOING TO SOON BE PASSING SHARIAH BANKING LAWS, WITH THE ISLAMIC BANKING ACT AS WELL AS THE INTERNATIONAL DEVELOPMENT BANK OF IRAQ
Abraham: Tariffs are also used to protect not only to generate income but to protect local manufacturing
OOTW: TO INSTITUTE SHARIAH BANKING LAW FOR GOVERNMENT LOANS/PROJECTS
OOTW: YES ABRAHAM VERY GOOD POINT
OOTW: THE ISLAMIC BANKING LAWS ARE NEXT UP ON THE AGENDA, WITH THE ISLAMIC BANKING ACT NEEDING ONE MORE READING TO BECOME LAW
OOTW: OKAY, SO ONTO THE NEXT CONNECTION
OOTW: HERE'S A QUOTE FROM THIS ARTICLE
OOTW: and there was supposed to be other revenues such as taxes and customs, as well as investment and the private sector revenues."
OOTW: HERE'S THE THREAD LINK TO THIS
OOTW: wealthwatch.world/showthr... http://wealthwatch.world/showthread.php?tid=1141
Comments may be made at the end of Part 3 Thank You