Donnie: crazy lot of news out in the past 7 days from all over the world. too bad our media won't let the US public in on it.
Donnie: How Goldman Sachs Profited From The Greek Debt Crisis – OpEd
Donnie: The Greek debt crisis offers another illustration of Wall Street’s powers of persuasion and predation, although the Street is missing from most accounts.
The crisis was exacerbated years ago by a deal with Goldman Sachs, engineered by Goldman’s current CEO, Lloyd Blankfein. Blankfein and his Goldman team helped Greece hide the true extent of its debt, and in the process almost doubled it.
And just as with the American subprime crisis, and the current plight of many American cities, Wall Street’s predatory lending played an important although little-recognized role.
Donnie: read more here: www.eurasiareview.com/210...
keli15: Thanks Donnie for the news. :smile:
keli15: Do you have any news about Iraq?
Donnie: ‹@keli15› posted some earlier today
Donnie: click on HISTORY and go back a few hours
chattels: good afternoon all
chattels: ERBIL, Kurdistan Region – A Kurdish oil expert announced Wednesday that the region's Garmiyan block, also called administration, has more than 20 billion barrels of oil that has yet to drilled. “The Kurdistan region produces 15,000 barrel of oil per day and by the end of this year it is expected to reach 100,000 bpd,” said Ghalib Mohammed, member of the Sulaimani provincial council and an oil expert.
chattels: “The Garmiyan administration along with the town of Chamchamal in Sulaimani province together have 15 oilfields, which have a reserve of 30 billion barrels of oil.
This is twice as big as Qatar’s oil reserves.” The Kurdistan region ranks eighth in the world in terms of oil and gas reserves, according to a recent report by the DOR Organization. The current price for a barrel of crude oil is $57, putting the current estimated value of the 30 billion barrels at more than $17 trillion.
chattels: Chamchamal is due east of Kirkuk and half way to Sulayminayah
Donnie: That's a lot of oil reserves.
Donnie: Isn't Sulayminayah where ISIS is headed?
chattels: it is not a disputed area and within the current boundaries of the KRG
chattels: ‹@Donnie› not that i have read / seen
Donnie: I like this Gold chart cause it's current and interactive. www.goldprice.org/gold-pr...
chattels: ERBIL, Kurdistan Region — A Kurdish politician in the Iraqi Parliament in Baghdad has claimed in comments to Rudaw that the Iraqi air force cannot legally use its newly acquired F-16 fighter jets in combat missions without the participation of Kurdish pilots.
Previous reporting by Rudaw has indicated only five Kurdish pilots have been trained by the US to operate the 36 F-16s purchased by the Iraqi government. Only four of those F-16s have so far been delivered to Iraq. One of those four jets has been assigned to a Kurdish pilot, Muhammad Anwar of Erbil.
chattels: “According to the signed agreements between the Iraqi government and the United States, the F-16 jets will not be used in combat without the participation of the Kurdish pilots. There are conditions in the agreement that the Iraqi government must fulfill,” MP Shakho Abdullah told Rudaw Tuesday.
chattels: “Four F-16s were delivered to Iraq this month. The agreement with the US obliges the Iraqi government not to operate these jets in combat missions in Iraqi cities, public places such as governorates, districts and towns,” he added.
“The US has delivered the F-16 jets with the necessary ordnance. The jets are ready to use but they will not be used against ISIS for the time being.”
Donnie: but they will not be used against ISIS for the time being.
chattels: non-use against DAESH will make it difficult for those who claim that the delivery of the jets will be a turning point in the war against DAESh in Iraq
chattels: kinda ridiculous if true, eh ?
Donnie: yea... crazy!
chattels: ‹@Donnie› only in the parallel universe that is Iraq
Donnie: like"here's a bunch of high tech guns but don't use them to shoot the enemy"
Donnie: keep them clean and shinny so they "look good" :)
chattels: perhaps they are limited to enforcement / control of airspace with Iranian delivery of weapons to Syria :)
chattels: or joyrides for members of parliament :)
chattels: This week, British Prime Minister David Cameron outlined a substantial five year strategy to defeat extremism and build a stronger, more cohesive society.
He said that 'the struggle of our generation' involves countering extremist ideology by promoting our shared British values, and taking on violent and non-violent extremism by empowering moderate and reforming voices who speak for the vast majority of Muslims that want to reclaim their religion.
chattels: The full Cameron speech is at www.gov.uk/government/spe...
chattels: rudaw.net/english/opinion... http://rudaw.net/english/opinion/220720151
[03:09:25 PM] chattels: Jubouri consultant: the House of Representatives to discuss next Saturday developments in the security situation and the repercussions of the events in Diyala 07/21/2015 14:00 BAGHDAD / Nina / House of Representatives begins its next Saturday to discuss developments in the security situation and the repercussions of the recent events in Diyala.
The head of the House of Representatives Ahmed Mahjoub adviser in a press statement today that the first paragraphs of the session next Saturday's agenda will be a discussion of those implications explaining that the President of the Council, Salim al follows developments of the situation first hand, both with security leaders in Diyala or government officials in Baghdad.
chattels: YADA, YADA, YADA
chattels: " ..... the first paragraphs of the session next Saturday's agenda will be a discussion of those implications .... "
chattels: MORE RHETORIC
chattels: BAGHDAD / Nina /, leader of the coalition forces, Mahmoud al-Mashhadani said "Sunni blocs legislative and executive, both failed to achieve the aspirations of the people of the component."
he said in a televised statement tonight that "the components of the alliance had doubts on the legitimacy of political representation because none of the Sunni leaders face a real difficulty in Go to his constituents areas. "
He warned that "the battle to liberate Anbar failure will make the Government in the news was a component of the Sunni prisoners for the unknown." He explained that "Diyala province is facing a critical situation and we hope to settle the conditions of Salahuddin province, ............ [03:15:27 PM] chattels: He said al-Mashhadani, that "more than 80% of the majority of the Sunni component rejects the existence of its leaders in the political process as well as objecting to the failure and corruption of those leaders and its political role."
[03:15:37 PM] chattels: And that "local governments in the hot provinces were vulnerable to Daash gangs "Stressing that" the best solution to get rid of the Sunni chaos is to speed up the completion of body of opinion which includes all the elders of the Sunni component from inside and outside the political process, ".
[03:15:49 PM] chattels: ninanews.com/Website/News...
chattels: "the battle to liberate Anbar failure .................. "
chattels: "Diyala province is facing a critical situation and we hope to settle the conditions of Salahuddin province, ............"
chattels: "local governments in the hot provinces were vulnerable to Daash gangs ............ "
chattels: " ............ the Sunni chaos ........ "
chattels: IRAQ REMAINS UNSAFE AND UNSTABLE
chattels: THIRTY CIVILIAN DEAD IN FOUR RECENT EXPLOSIONS ninanews.com/Website/News...
chattels: Monthly inflation index rising by 0.4% and the annual rate of 2.2%
chattels: " .........., adding that the survey which was conducted during the month of June three provinces of Nineveh, Salahuddin and Anbar did not include because of the security situation witnessed. "
chattels: SALAHUDDIN OR Salah Al-Din, province is just north of Baghdad and is centered upon Highway 1, the main road to Mosul, Nineveh province
chattels: Tikrit is the center of Salahuddin province
chattels: www.google.com/maps/place... https://www.google.com/maps/place/Salah+Al-Din,+Iraqemail@example.com,43.5412627,7z/data=!4m2!3m1!1s0x15514647b09efe7d:0xfc19eaaaaed2b077
chattels: Anbar is the home of Ramadi and Fallujah
chattels: More than 1/4 of Iraq remains under the adverse influence / control of DAESH one year after the fall of Mosul, et al
EdoBini: The people of Iraq will never find contentment until their Currency becomes International like every other Nations on the planet.
chattels: What has been accomplished to manage corruption ? - the salaries of the vice presidents are to be reduced !
chattels: Tamimi: reduce the salaries of officials step in the right direction and should be reconsidered staff salaries www.alliraqnews.com/modul...
chattels: Tamimi said in a statement received by the agency all of Iraq [where] a copy of the "decisions taken by the Prime Minister on the reduction of salaries, which is the first step in addressing the financial crisis", stressing "the need to move to the second step, the recall of land, which was distributed during the previous period are random from officials. "
chattels: ‹@EdoBini› Why would the international community of finance and commerce accept / assign / embrace a greater value to currency / script issued by a country that is unsafe, unstable and arguably disfunctional at this time ?
EdoBini: If this Tariff is be effectively enforced on August first,, the GOI have to increase the Rate of their currency and make it International. Or the people will go on the streets to protest.
chattels: Defense Minister inspects Habbaniyah base and the front lines: the joint forces advance beyond what was planned
[03:42:30 PM] chattels: www.alliraqnews.com/modul...
chattels: there is some progress militarily against DAESH according to some
chattels: ‹@EdoBini› August 1 is not far off
chattels: ‹@EdoBini› we shall see
chattels: ‹@EdoBini› one of my points is that I question whether the GOI can unilaterally increase the value of it's currency
chattels: value for us means acceptance / willingness to exchange more dollars for the same dinar internationally
chattels: banks will not give us " x " amount of dollars for IQD if the bank cannot redeem that IQD for a " y " value in profit
EdoBini: The delay to move to Article 8 of the IMF was purely political by Maliki. This things would have been over in 2013 when the UNSC exited Iraq from Chapter 7 if Maliki were really serious in raising the standard of living of his people.
MichelleL: chattels have you gone over to the dry blanket side?
chattels: i concede that i may be naive or misinformed - each of us must find our own way and reason in all of this
MichelleL: I make no predictions, just judge by my own history in this thing
chattels: i am predicting nothing and i question everything
MichelleL: there ya go lol you're still our affectionate wet blanket - for a second you had me scared
MichelleL: for all who care, I have an announcement - the official showing of Sharknado 3 is going to be tonight, on SciFi at 9 eastern
chattels: the Ministry of Planning confirmed the need to rearrange the order of priority projects to be implemented in light of the financial crisis in the country, and distributed to the provinces as part of a five-year plan. A statement of the Ministry, on Wednesday, the agency received all of Iraq [where], a copy of which, the minister Salman Jumaili, as saying that "Iraq today faces an economic problem is a decline in oil prices, which led to a shortage of liquidity which have negatively impacted on the reality development projects ", calling for" the need to take advantage of this crisis in the activation of other development sectors such as agriculture, industry and tourism, as well as a greater role for the private sector. "
[04:00:09 PM] chattels: www.alliraqnews.com/modul...
EdoBini: Why Abadi is hesitant in removing this guy in the GBI after it was well known that the Governor was a Maliki's plant in the BANK. The proxy Gov. have no qualifications nor experiences to hold such exulted Office
chattels: ‹@EdoBini› Both Abadi and Allaq are Dawa party and Abadi may not be powerful enough to effectuate the removal of Allaq even if he wants to do so
chattels: I suspect that Abadi has to choose his battles and cannot fight them all at once
EdoBini: Well. too bad for the people of Iraq.
EdoBini: Should bring in Mr. Turki if not Shabibi .
chattels: ‹@EdoBini› Agreed. The politics of extremism take a terrible toll upon the people that the politicians are supposed to serve.
chattels: The Line in the Sand: Is Sykes-Picot Coming Undone? BY MICHAEL WAHID HANNA · JULY 13, 2015
EdoBini: The Challenges that Iraq faces today demands no politics nor excuses from a real Statesman. Sorry, Abadi is no Statesman..
chattels: hksjmepp.com/the-line-in-... http://hksjmepp.com/the-line-in-the-sand-is-sykes-picot-coming-undone/