Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Late Sunday 9-17-17
tman23: @Duke77 ..... There are several independent groups that study and advise on Middle East and Iraq politics right here in the USA and in the Middle East......
Read their opinions, books, transcripts from summits........compare the consensus and then form an educated opinion .......rather than shooting from the hip from a one paragraph article written by an organization owned by an enemy of the story line subject........
tman23: @Duke77 ...... I know you pound Gurus lies as do I....... They are harmful and misleading......... So is fake news !! Barzani is no choir boy and Maliki and Tehran would love to see him six feet under......
Lets make it simple......Would you rather live in Erbil or Baghdad....... and would you rather be under Maliki rule or Barzani....
Zig: @tman23 : Please refresh our memory as to the significance of "Oct. 8th".....Thanks....
txbrand: he is going to announce the RV ...lol -----> The President of the Republic Fuad Masum announced on Saturday (September 11, 2017) the cancellation of his scheduled trip to New York and the appointment of Prime Minister Haider al-Abbadi to deliver the speech of Iraq to the meetings of the General Assembly of the United Nations.
txbrand: that's my story ,,,,i am sticking to it
Duke77: I don't see these articles about Barzani as fake news. Another article said they have frozen his funds. There's a lot coming out on Barzani and I dont believe it's all fake news. He's been in power for 13 years. That's too long for one man and I believe he's stayed beyond his term limits.
I may be wrong but he's picked a fine time to start a war with Baghdad. If there's an underlying reason such as Baghdad won't pay, it's probably because he's stolen the oil for 2 years according to the articles.
How do we know which article is real? How many have made claims of a deleting the zeros that's never came to pass or in the coming days the value of the dollar will decline against the dollar.
I don't think we can trust anything that comes out if Iraq but the one article came out of our news media. That's more credible than any news outlet in the Middle East.
Duke77: Meant to say the dollar will decline against the dinar
Compassion: Sorry about that.
MichelleL: hmmmm Sept 11 was a monday, guess everyone is confused
chattels: Kurdish perspective: Will the creation of an independent Kurdistan destabilize the Middle East? By Zana Kurda http://www.rudaw.net/english/opinion/17092017
chattels: How does one destabilize something that is not stable ?
tman23: @chattels .......It's all BS !!!
chattels: Electoral Commission approved (Coalition for Democracy & Justice) as political entity led by Barham Salih
chattels: @tman23 Hypocritical crap.
chattels: " No serious investment will occur unless and until the currency is internationally tradable, in my view." - Enorrste
chattels: Which comes first investment or international tradability ? The chicken or the egg ?
Duke77: A bullet through Maliki and a verbal warning to the rest of Iraq's politicians would be the egg. Lol
Baxter: WOW.... Florida may get another hurricane next weekend...
tman23: @chattels ..... Here is a question.......How does Kurdistan pay off most of it's debt without getting it's 17% from Baghdad ? How does Kurdistan provide one of the safest places in Iraq.....yet gets no money from Baghdad for military.......
[pm]Zig: @chattels : I have always liked "Enorrste"....seems "real"....I think he has a background in Economics if I remember correctly.....have invited him to come here a couple of times but has not as yet....
[pm]Zig: @tman23 : You never answered me: Please repeat the significance that you see about "Oct. 8th".....TY....
xyz: UN's Guterres urges Kurds in Iraq to scrap referendum
tman23: Since March 2017, the Treasury has been raiding federal pension funds to keep from issuing new debt. It would have run out of these extraordinary measures in early September. It would have had ti use incoming tax receipts to stay afloat until the October 3 cutoff date.
That March 2017 date was deadline what was given to Obama for a no debt ceiling which would allow the next administration in office to get settled......
Now Trump called in Democrats and cut a deal, he asked for his Republican party to add the debt ceiling to the veterans bill but they refused.....he basically undercut Paul Ryan and crossed party lines...........
They raised the ceiling to Dec 8th....... They must come up with a budget etc etc......Both Trump and Democrats want a giant trillion dollar infrastructure bill......
The iisd post 2017 summit will be closing......the plan is 2018 trillions to be invested in infrastructure globally....... October 8 is basically the kickoff yo USA fiscal year....The iisd will have it's paper and vote settled by 6th..... (this is following past history)....... Oct 8 -Dec 8 is 60 days
tman23: @Zig ...above for you......
Meatball: @Zig seems to work for the Iraq Parliament lol
[pm]Zig: Thanks, tman...
tman23: @Zig .....confusing ....but give a sec
tman23: @Zig ...... hate typing it out as explaining is a book and impossible in a paragraph....... Everyone is jockeying for position, even Turkey wanted to be part of the EU if any recall.......
Barzani is more less in the bird seat....THEY NEED KURDISTAN ........ Now recall the coalition has said Iraq reconstruction plans are to start 2018..... How money is created for banks is through fractional banking.....
Loans equal more cash to the bank.....we are all familiar with fractional banking (I assume)...... Iraqi's can't get loans because they don't qualify and many don't believe in it ( which we are all aware ).......
Companies coming into Iraq will take bank loans which through fractional banking will increase cash supply liquidity in banks (fractional banking)...... Kaperoni may be right in they will float the IQD......
BUT it will not float with the notes carrying 3 zeros.....NEVER EVER NEVER !!!!!! What we are looking for is money moving on market openings 10/8 after 5 pm and transfers etc......
Not to get into all the specifics......We just hope 3 zero notes are in play and the government needs us a mules to house accounts with cash at banks.........
Meatball: pretty sure all of us will be happy to donate our notes
tman23: And I really don't like putting this out simply because some guy sipping vodka is going to lay on the blue couch and come up with new material........and we will all have to re-read the vomit;;;;;I mean the lava flow.......
Meatball: surprised if does not
Meatball: he will have material up until Oct 7th
[pm]Zig: @tman23 : "BUT it will not float with the notes carrying 3 zeros"........Why not?
[pm]Zig: @tman23 : I'm guessing you have a background related to some of this stuff...
Tebow: it will float like all currencies after it is given a true value. And if one believes 1186 is the dinars true value is crazy.
Meatball: the million dollar question is what is and will be the true value
Meatball: that is all any dinar holder is looking for
tman23: Internet Education........Floating rates are determined by the market forces of supply and demand. How much demand there is in relation to supply of a currency will determine that currency's value in relation to another currency. ... Governments of emerging market countries often do this to create stability in the value of their currencies........ www.investopedia.com/ask/answers/forex/how-forex-exchange-rates-set.asp ...... lol
tman23: Now you know where Kap got his information........ get educated .....LOL !
tman23: Some countries may decide to use a pegged exchange rate that is set and maintained artificially by the government. This rate will not fluctuate intraday, and may be reset on particular dates known as revaluation dates.
Governments of emerging market countries often do this to create stability in the value of their currencies. In order to keep the pegged foreign exchange rate stable, the government of the country must hold large reserves of the currency to which its currency is pegged in order to control changes in supply and demand
chattels: Iraqi Supreme Court rules to suspend Kurdish referendum until final ruling By Rudaw ................
chattels: Shiite leader warns of cycle of violence after Kurdistan referendum By Rudaw http://www.rudaw.net/english/kurdistan/180920171
chattels: He said that Baghdad is ready to provide any kind of “guarantees” needed to make the Kurdish leadership change their decision. “We are prepared to give him [Barzani] any kind of guarantees in order for him to change his view [on] the referendum,” Rubaie said. “We demand our brother Masoud Barzani to postpone holding the referendum for a while, until he finds it appropriate.”
chattels: I do not think that Barzani is interested in any " Arab " guarantees.
chattels: He said that they are ready to start solving the issues of difference between them such as Article 140 that concerns the disputed or Kurdistani areas claimed by both Erbil and Baghdad.
chattels: THe foregoing was to have been accomplished no later than 10 years ago and such was " guaranteed " by the Constitution. These people are such hypocrits.
chattels: How can people who have already violated 1/3 of the Constitution now find fault with Kurdish non-compliance ?
chattels: Not sure that it is not Constitutional.
Sergio: GM all, A former U.S. Bank broker was suspended last week for four months and fined $7,500 for allegedly engaging in an outside business venture aimed at facilitating the sale of Iraqi dinar currency, according to his settlement with FINRA.
Sergio: The regulator claimed that Darrell Pope, an advisor with U.S. Bancorp Investments in Louisville, Kentucky, attempted to secure a buyer for 10 sellers of the currency in anticipation of a finder's fee.
Sergio: The business was prompted after a bank customer allegedly approached Pope to see if the bank could assist him with selling dinars, a request U.S. Bank denied. Following the bank's refusal, Pope established a company and used his personal email address to communicate with the sellers and potential buyers about the potential terms of a sale, FINRA claimed.
Sergio: Pope also allegedly conducted due diligence on the potential buyers, prepared transaction-related documentation and made arrangements to facilitate a potential currency sale.
Sergio: FINRA scolded Pope for failing to secure his firm's prior written approval before engaging in the outside business endeavor, as required. Registered reps must notify their firms of any outside business activity if they receive or anticipate receiving compensation, FINRA said.
Sergio: Pope did not return voice and email messages seeking comment. His attorney, Randall Strause of Louisville, Kentucky, did not provide comment.
Sergio: In this settlement with FINRA, Pope neither admitted nor denied the charges but consented to an entry of FINRA's findings.
Sergio: Pope worked for U.S Bancorp Investments from April 2006 to December 2015, when he was discharged for failing to report outside business activities, according to BrokerCheck records.
Sergio: “The trust and confidence of our clients is of critical importance to U.S. Bank. After investigating the allegations against this advisor, we quickly moved to end his employment with U.S. Bank," Robin Francis, a spokeswoman for the bank, said in a statement.i
chattels: @Sergio Reads as though the offensive conduct was not related to the currency itself, eh ?
Sergio: His activities out side the banking
Sergio: Failure to follow procedures
chattels: The Prime Minister's Office announced that the decision of the Federal Supreme Court issued on Monday to stop the referendum in the Kurdistan region came at the request of Prime Minister Haider Abadi. A statement to the office received the agency of all Iraq [where] a copy of him that Abadi "a request to the Federal Court on the unconstitutionality of the separation of any province or province of Iraq,
as well as the issuance of a mandate to stop the proceedings of the referendum secession of Kurdistan." "Accordingly, the Federal Court approved the request," the statement said. The Federal Court issued an order today to stop the procedures of the referendum Kurdistan region and in the areas covered by the referendum scheduled for next Monday.
The court said in a statement that "after deliberation and to provide the formal requirements in the legal applications, issued a mandate to suspend the proceedings of the referendum until the resolution of the proceedings established unconstitutional decision. "
chattels: Dollar and currency prices today in Iraq : 2017/9/18 10:39 • [Ayn-Baghdad] Foreign currency markets in Iraq, Monday morning, stabilized the exchange rate of the dollar against the Iraqi dinar. The market price in the Kifah Stock Exchange in Baghdad was 1258 dinars per dollar, or 125 thousand and 800 dinars per hundred dollars.
[pm]Doug_W: hey Iraq.....push that RV button already
chattels: Less than 7 days until the referendum. Should be interesting, eh ?
chattels: "The Legal Committee sent a letter to the Presidency of the House of Representatives, demanding the judiciary not to lift the immunity of any deputy if the subject is related to the performance of his job and his role in the control, The functions of the deputy function of immunity. " She added that "the parliamentary committee, according to the rules of procedure of the House of Representatives, decided that the lifting of immunity is only in criminal cases and the crime is acclaimed, as for the issues of publication and the exercise of oversight role can not eliminate the immunity
chattels: Iraqi Kurdistan PM: Kurds sacrificed enough for independence, Baghdad won’t stop the referendum https://www.rt.com/shows/sophieco/403646-isis-iraq-independence-referendum/#.Wb-S9lEB18w.twitter
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