Post From Wealthwatch.world Chat Room 11-25-15
News With Links & Discussion
Wealthwatch Wednesday Chat 11-25-15 Part 2 of 2
chattels: "Iraq is not bankrupt nor poor, but requires cooperation and good use and recruitment of Iraqi funds," noting that "the Council of Ministers held last Tuesday, an amendment to the 2016 budget and sent it to Parliament and will be discussed soon. wealthwatch.world/showthr. http://wealthwatch.world/showthread.php?tid=2814&page=8
chattels: Deputy for the National Alliance said on Wednesday that the 2016 budget will be approved by the end of the world, and the task will be to reduce expenses of them. wealthwatch.world/showthr... http://wealthwatch.world/showthread.php?tid=2814&page=8
chattels: "...... the 2016 budget will be approved by the end of the world, ...." :smile: :smile:
chattels: Sadoun: We have to speed up to pass the budget and stop the oil accord hurt in Baghdad and Erbil : 2015/11/25 18:56 [Baghdad-where] a leading role in Barzani's party said on Wednesday, that we have to speed up to pass the budget, noting that "stop the oil accord damaged in Baghdad and Erbil." wealthwatch.world/showthr...
chattels: immunity operation insights : www.alliraqnews.com/modul...
chattels: "MP immunity is to exercise its oversight role, and not subject to any pressure prevented him from exercising his work, which is specific and restricted according to the Constitution, either if they committed a crime, the immunity lifted immediately."
chattels: "House of Representatives not to exempt MP who has committed the crime of criminal accountability punishable by up to 15 years as an attempt of murder, ...........
chattels: 15 years may = felony
*SCZIN11: NOVEMBER 25... THE 50K DINAR NOTE..WHY ALL THE HOOPLA
*SCZIN11: I HAVE READ ALL THAT HAS BEEN WRITTEN BY THE MEDIA...THE QUOTES FROM THE MP'S...THE STATEMENTS FROM THE COMMITTEE MEMBERS....THE ECONOMISTS CONFLICTING REPORTS.........
THE DINAR LAND INTEL AND NEWSHOUND GURU'S OPINIONS......THE CBI ANNOUNCEMENTS ESPECIALLY MOST RECENTLY THE ACTING GOVERNOR, ALI ALAAQ/MOSHIN ISMAIL, AKA KEYWORDS! ‘
WHY SO MANY RECENT STATEMENTS TRYING TO CLARIFY THE REASONS BEHIND THE ISSUANCE OF THESE NEW LARGE DENOM NOTES?
TODAY, EVEN STATING HE WAS THANKFUL THAT THE CITIZENS WOKE UP AND ARE SHOWING INTEREST IN THEM AND ASKING QUESTIONS... HOW RIDICULOUS THE STATEMENTS THE TRANSLATIONS PORTRAY?
*SCZIN11: MORE SECURITY THEN THE EXISITING LARGE NOTES...REALLY?
PLEASE REFER BACK TO APRIL AND JUNE OF 2014, WHEN THE ANNOUNCEMENTS CAME OUT AND THE PICTURES WITH DETAILS OF THE NEW 10K, 25K, ETC...THAT WERE TO COME OUT LAST YEAR,
AND IN FACT WE KNOW THE 10K AND 25K DID...COLORS AND BRAILLE, WITH BEST IN THE WORLD SECURITY FEATURES....AND TODAY HE STATES THIS NEW BILL, THE 50K IS TOP OF THE LINE...
HOW MUCH BETTER CAN 1 YEAR MAKE IN TECHNOLOGY?
WHY SIMILAR STATEMENTS FOR REASONS AS THE ISSUANCE LAST YEAR OF THE OTHER NOTES? AND LET'S TALK ABOUT THE COMMENT TODAY THAT NO INFLATION, AND NO REPLACEMENT OF EXISTING NOTES?
ALL WHO STATED TWO 25K NOTES COME INTO IRAQ, FOR 1 50K NEW NOTE..THUS REDUCING THE NOTE COUNT...YEA YEA, RIGHT? NOT!!!!
IF YOU ARE TO BELIEVE THE COMMENTS MADE IN TRANSLATIONS TODAY... WILL NOT AFFECT THE EXISTING NOTES...HE STATES TODAY...
*SCZIN11: AND HE STATES IT WILL NOT CAUSE INFLATION OR DEFLATION...HOW CAN WE JUST PRINT AND ISSUE NEW NOTES, LARGE DENOMS NO LESS,
AND NOT TAKE ANY OLD NOTES IN, AND THUS INCREASE THE NOTE COUNT, AND MONEY OUT IN THE PUBLIC, AND YET NO INFLATION WILL ARISE?
WILL HELP WITH PURCHASING POWER HE STATES? OH BUT JUST ASK THE DINAR LAND GURUS...WE WILL STILL HAVE A CONTRACT RATE, OR AT LEAST A RATE THAT IS COMPARABLE TO THE DOLLAR, TOMORROW, SOON, BEFORE 2016...
I GUESS THE POOR IRAQI PEOPLE WILL GO BUY A LOAF OF BREAD, AND ASK FOR CHANGE OF A 50 THOUSAND DOLLAR BILL AT 1:1....
AND THE LOCAL MERCHANT WILL GLADLY OPEN HIS REGISTER DRAWER, AND REMOVE 49 THOUSAND NINE HUNDRED AND NINETY FIVE DOLLARS CHANGE?
AS I HAVE STATED PREVIOUSLY, TARIFFS MAKE NO SENSE WITHOUT AN INTERNATIONALLY RECOGNIZED AND TRADEABLE CURRENCY, ONE THAT WILL
*SCZIN11: INCREASE THE PRUCHASING POWER, THUS IN TURN DECREASING THE COSTS OF PRODUCTS FOR THE PEOPLE OF IRAQ!
*SCZIN11: INCREASE THE PURCHASING POWER, THUS IN TURN DECREASING THE COSTS OF PRODUCTS FOR THE PEOPLE OF IRAQ!
*SCZIN11: OTHER THAN THAT, THE 50K NOTES MAKE NO SENSE TO ME, NEVER HAVE, AND I NEVER BELIEVED WE WOULD EVER SEE THEM...
WELL, I STILL HAVE NOT SEEN THEM, HAVE HEARD THEY ARE FOR SALE, YET STILL HAVENT HEARD FROM ANYONE THAT HAS SEEN THEM... IF THEY DO IN FACT GET CIRCULATED, I QUESTION THE TIMING OF THE COMPLETION OF THE MONETARY REFORM IN IRAQ...
TO ME MEANING THE SIGNIFICANT RISE IN VALUE OF THE IRAQI DINAR, IN EXCHANGE FOR THE US DOLLAR... I BELIEVE THERE IS A REASON WE HAVE NOT SEEN ANY WTO UPDATES...
THEY MUST NOT BE READY FOR FULL ASCESSION...
TODAY THERE WAS EVEN A TRANSLATION OF ABADI STATING THE BILLION PLUS DOLLAR IMF LOAN IS CLOSE, WITH NO CONDITIONS...IN NEXT SENTENCE TRANSLATION STATES THERE ARE CERTAIN PROTOCOL THE IMF WILL REQUIRE IRAQ TO FOLLOW.... OXYMORON??.... TO SAY THE LEAST..
*SCZIN11: WE DON'T KNOW WHAT WE DON'T KNOW.... AND THE IRAQI MEDIA KNOWS EVEN LESS!
*SCZIN11: wealthwatch.world/showthr... http://wealthwatch.world/showthread.php?tid=3063&pid=7266#pid7266
OOTW: SORRY TO INTERRUPT SCZIN - SOMEHOW I MISSED THIS FROM THE CABINET SITE LAST WEEK
OOTW: PERHAPS YOU ALL HAVE SEEN THIS
OOTW: Prime Minister Dr. Haider Abadi calls to strike a balance between Alkmarki system reform and the protection of national product [Image: 2015-11-22.jpg] 11/22/2015 14:59 Mr. Prime Minister, Dr. Haider al-Abadi said that two-thirds of the battle with terrorism, psychological warfare and we withstand it and that life goes on and we win and build the economy and adhere to the national our unity.
He stressed, during his speech at the workshop system reform Alkmarki, that there are serious attempts to reform in all sectors including the agricultural, industrial, and the two need to backup and real support, pointing to the importance to balance Alkmarki system reform and the protection of national product and is not affected commodities for citizen out.
He said the Prime Minister to the existence of trying dumping bad for the objectives of profit and other targets, it is important to take action group to impose customs correctly, and we us the imposition of customs for several reasons, including lack of control over all the ports and in order not to exploit the situation by some to while placing the mechanics are correct.
He continued Dr. Haider Abadi that with the drop in oil prices and a decline in revenues and expansion of the previous spending we are looking at spending last represented spending war which can not be reduced, because Daash gangs represent an existential struggle, and they want to eliminate the name of religion to religion.
OOTW: " it is important to take action group to impose customs correctly, and we us the imposition of customs for several reasons, including lack of control over all the ports and in order not to exploit the situation by some to while placing the mechanics are correct."
OOTW: THIS PRESS RELEASE FROM ABADI, VIA THE COM SITE, IS VERY GOOD, ESPECIALLY WHEN COMBINED WITH THE SECTIONS FROM THE BUDGET AMENDMENTS WHICH INCLUDED CONFIRMATION THAT THE TARIFFS WILL BE IMPLEMENTED IN 2016
OOTW: I KEEP HARPING ON THIS, BUT ANYTHING WRITTEN INTO THE BUDGET - WHEN PASSED - BECOMES A LAW
OOTW: THAT'S ALL...YOU MAY RETURN TO YOUR REGULARLY SCHEDULED BROADCAST ;)
OOTW: THANKS SCZIN11!
chattels: IrAq hAS no rule oF lAw though
OOTW: by that do you mean that they cannot agree on anything?
chattels: no enForcement
chattels: rule of men - not law
OOTW: I ALSO WANT TO ADDRESS THE CHAPTER VII ISSUE WHICH HAS BEEN DISCUSSED OVER THE PAST TWO DAYS - HERE'S AN INTERESTING ARTICLE
OOTW: I UNDERSTAND CHATTELS
OOTW: OBVIOUSLY THIS IS NOT AN EASY SUBJECT - MEANING IT WON'T BE DEALT WITH OR RESOLVED OVER NIGHT OOTW: wealthwatch.world/showthr...
OOTW: I WANT YOU ALL TO PLEASE READ THIS ARTICLE
OOTW: I WANT TO SHOW YOU A GREAT SECTION FROM THIS ARTICLE
OOTW: HERES A QUOTE FROM THE ARTICLE -- "The UN security council’s unanimous adoption of resolution 2249 signals a new level of international resolve to deal with the self-styled Islamic State. What it does not do, however, is offer a viable plan for what comes after it in Syria and Iraq.
The resolution calls for eradication of “the safe haven” established by Isis “over significant parts of Iraq and Syria”, which sounds like a clear military objective for the international and local forces ranged against Isis. And even though the resolution does not invoke chapter VII of the UN charter, which would give clear legal sanction to resort to force, its adoption will no doubt lead to more aerial attacks on the Isis base in Raqqa and other targets."
chattels: legislative and judicial dysunction
OOTW: YES VERY DYSFUNCTIONAL
OOTW: YET THEY MANAGED TO GET A SECOND VOTE ON AMNESTY AND PASSED THE INVESTMENT LAW AMENDMENTS OOTW: WE SHALL SEE
chattels: DYSFUNCTION *
chattels: now implementation ?
OOTW: HERE IS A PRESS RELEASE FROM THE UN SITE ON RESOLUTION 2249
OOTW: AFTER READING THE RESOLUTION I WOULD SAY THAT THE UN WANTS TO DO ITS BEST TO AVOID CAUSING FURTHER DEMORALIZATION TO THE IRAQ PEOPLE BY RE INSTATING CHAPTER SEVEN SANCTIONS, YET THE UN WANTS TO DO ITS BEST TO HAVE THE AUTHORITY TO DEAL WITH ISIS
OOTW: NOT TO MENTION THE ECONOMIC STRIDES (ALBEIT SMALL - BUT STEADY ;) WHICH IRAQ IS NOW ATTEMPTING TO BUILD
OOTW: FOR THE FORESEEABLE FUTURE, THE UN WILL WANT TO KEEP ENCOURAGING IRAQ TO LAUNCH THEIR PRIVATE SECTOR AND CONTINUE PASSING WTO REQUIREMENT/LAWS - WHICH WE TRULY HAVE SEEN PARLIAMENT PASSING, IN KEEPING WITH WTO REQUIREMENTS
OOTW: THERE HAVE BEEN MANY LAWS PASSED ESP SINCE ABADI BECAME PM, TO ADHERE TO WTO REQUIREMENTS