BGG standing in for Millionday
WELCOME TO NEWSTIME WITH BGG Part 1 of 2
BGG: We'll be a while here - be sure to have folks use their ?? (other than News Hounds)
.VIP.Swan2013 COPY FOR BGG: PLEASE LETS FOLLOW NEWSTIME RULES AND PLACE A ?? AFTER REPORTS, NEWSHOUNDS WELCOME TO JOIN IN ANY TIME. THANK YOU
BGG: P.S./BTW - I FULLY CONCUR with Millionday's reporting during Round Table today.
BGG: P.S. Oliver North giving an Iraq dissertation on Fox - as we speak...
jeffusa BGG: and he is explaining it very nicely
BGG: back to the commentary on the banking / accounting standards discussed at the recent conference and referenced by Alak during his speech...
BGG: I found this important enough I highlighted it on THE BLOG a couple of days ago... it is critical / very interesting at the least.
BGG: these regulations - and bringing all banking elements in Iraq under them - signals some coming attempt to "align" with the world.
BGG: (all the above for disssenters only)
BGG: Headline - Jubouri Announces Extension of parliamentary sessions to the end of the month
BGG: Whatever they have coming up - it's imporant...
BGG: Headline - Deputy: Parliament vote in its session next Monday to dismiss the Liberation of Iraq
BGG: Another B.S./sectarian attempt to relieve Nujafi of his "governor" title... appears rooted in his recent trip to the U.S. and mostly a Shia "knee jerk" to his appearance on Fox.
BGG: Headline - Parliament held its session today to read a number of laws, including the National Guard
BGG: Major movement forward in Parliament on several critical fronts... Great stuff!!
TimandJulie: Parliamentary Finance: Iraq's new currency will be traded outside the country
ANY WORDS ON THAT
BGG TimandJulie: That is up next...
BGG: Whatever it is on the agenda - IT IS VITAL... for the Iraqi's to continue passing up on a vacation - is odd. I look for good things from this short Parliament session...
carpet: Not asking for rate or date but in your gut feeling do you belie we'll see before Radamain
sorry mis spelled
BGG carpet: with all the possible distractions - it is impossible to say... anyone who does is foolish. However, in spite of the security challenges - Parliament and much of the GOI appear to be moving forward "with prejudice"... (that means "with purpose")
Bax: after this session is over.... when is the next one scheduled..?
BGG Bax: I used the term "session" losely... the next "period"... the next short time period.
BGG Bax: not their "term" - but between now and when they actually take a break...
BGG: Mr White will be here a bit later...
jarhead: BGG and Mrs ur awesome
Mrs BGG jarhead: Thank you very much! To God be the Glory
quicktolegit96: HOW MUCH OF IRAQ IS ACTUALLY BEING TAKEN OVER BY ISIS PRESENTLY?
BGG quicktolegit96: Not that much.
BGG quicktolegit96: I was looking at a map yesterday - ISIS is far more entrenched in Syria than Iraq.
BGG quicktolegit96: personally - they have been losing ground steadily - they threw everything they had at Ramadi and it paid off (at least for now)...
BGG quicktolegit96: I don't foresee this as a long term outcome - there is concern they will aim at Baghdad - I doubt it. They won big so far... but they are at the very edge of their reach - they have so little support out there and are an easy target to be cut off.
TBolton: Apparently, the USA gave the 'green light' and Iraq has everything completed and wants to 'go'. From the word on the street, the USA will not stop it, nor will anyone else.
We are being told that all should "GO". In spite of the security challenges and Parliament, and much of the GOI appear to be moving forward "with prejudice"/purpose, how do you feel about the possibility of the Dinar being recognized internationally 'soon'? (like before Ramadan?)
BGG: Thanks for the input - however, in the words of MD - we really should stick with what we have in "ink" on the subject.
TBolton: I agree- I just get sucked into the hype.... I guess..
BGG TBolton: your comment folds nicely into our next report...
BGG TBolton: Don't we all - (at least a little)...
Imperator: Did anyone else see the five big banks that were fined billions for rigging the currency and interst rate markets?
BGG Imperator: Greta was just doing a major report on it - like 2 minutes ago...
BGG Imperator: obviously she wasn't happy with the DOJ's handling of the deal.
Imperator: They called the banks the cartel
BGG Imperator: which they are...
Loop: Article 178 on todays news forum.
rcookie: Swan I posted on it weeks ago from Bloomberg
BGG rcookie: yes, you did - and TYVM
wvchsr19: does this price rigging make us believe that they are down playing the dinar on purpose? Does it give them an edge?
BGG wvchsr19: I don't think the Dinar is part of the scandal - it's not "internationally tradable" yet... but you can bet once it is - they will be up to their tricks.
BGG wvchsr19: which is a great reason to be on the D.U.C.E. list - hopefully mitigating this "big bank" cartel-ism When banks compete - you win...
Papatom: it was pretty much a dollar / euro problem. the banks involved are HUGE ForX banks and were trying to up profits with "arranged buy's and sells"......
Mrs BGG Loop: Thank you for the article!!
BGG: P.S. as a follow-up to some of the earlier commentary - this conversation about security, stability etc, etc, etc... is the "hold-up" behind the delay...
BGG: I was reviewing some past articles... 2011, 2012 and 2013 - they used the EXACT SAME rhetoric - so quite honestly - I'm not sold on the recent ramblings about a 50k note - a security delay - and then the "deleting of the 3 zero's" - JMHO, of course...
Papatom: thanks Bgg, and since currency is traded in pairs, it wouldn't have been included...this time
TBolton: I just saw on twitter where DAASh is announcing there currency and will exchange NOW with the USD for 4$ USD or 4.8 thousand IQD what the freak? this was released by iraq 123 news What will this do to the pressure to make the IQD international?
BGG TBolton: They have been planning something like this for a while - sounds like a PR stunt to me.
TBolton: Hopefullly the holders of this currecies will be dead soon. Yes, I agree. Maybe a last HORAY
TimandJulie: Was this seen or talked about ---- FROM THE WHITE HOUSE (Notice -- Continuation of the National Emergency with Respect to Iraq) I am continuing for 1 year the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303. https://www.whitehouse.gov/the-press...y-respect-iraq
BGG TimandJulie: just an extension of an already-in-place E.O. - no biggie.
Papatom: BGG, I agree with your opinion on the rhetoric post above.
Mrs BGG: It is raining a lot here right now, it may be possible we get bumped of the internet...
Mrs BGG: If we get bumped off, we will end News Time early.
Comments may be made at the end of Part 2 Thank You