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6pm February 28th, 2015     

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ECONOMICS

THE GREEK BETRAYAL AND PAN-EUROPEAN SOLIDARITY

FEBRUARY 26, 2015     By JC Collins

It has now become common knowledge that the promises made by the new Greek Syriza government have been broken. The voting population of Greece were fed a steady stream of propaganda on how Syriza was going to stand up to the Troika, or trifecta of the European Commission, European Central Bank, and the International Monetary Fund.

Before the election I had been provided a copy of the Syriza Policy Paper which detailed their proposed negotiating position with the Troika.  
~~~


 

Morning News Comments 02/28/2015

Parliament to vote on the law of the Japanese loan project in principle 

[Shredd] Iraq will have no problem at all finding allies to loan them money. Participating in this global economic financing allows Iraq to get the principle leverage to grow and creates a financial partner who receives residual interest. When we see news about loans to Iraq, it doesn't mean they are broke!

~~~


 

aggiedad77 � February 28th, 2015, 11:55 am 

Saturday News Summaries and Commentaries


Good Saturday Morning everyone, life goes on and we are T-minus 2 days to a new Monday Night CC surprise

Article 140 is said to be delayed until DAASH issues are over.....Former President Talabani has visitors.....CBI is still in the news, slightly.....Sunday still appears to be the launch day for the removal of the 50 dinar notes.


Parliamentary Finance for "direction Press": Work remittances system is designed to control the amount of money sent abroad

Now the Finance Committee is applauding and supporting the CBI's efforts to control money laundering and smuggling with their new remittance system....they see it as a means to restrict the amount of IQD going abroad....this in turn will control the exchange rate in such a way that the budget is supported and the deficit is covered....the CBI continues to insist that it is not preoccupied with selling currency....heck no they are in business to grow the revenues of their country....Iraq.
....


 

(Thank You My Ladies for allowing Recaps to share this today)

MY LADIES:  GOOD SATURDAY MORNING EVERYONE, WE'RE STILL WAITING.

SO MANY THINGS ARE TAKING PLACE IN IRAQ BEGINNING TOMORROW AND MOST OF THEM POINT TO THE COUNTRY BEING INTERNATIONALLY RECOGNIZED.

WELL THE QI CARDS ARE GETTING READY TO REACH OUT AND TOUCH SOMEONE! THEY'RE SAYING THAT STARTING VERY SOON THE RETIREES LIVING OUTSIDE WILL RECEIVE THEIR PENSIONS ON THE CARD.

UP TO NOW THEY HAVE BEEN SENDING THEM PHYSICAL MONEY.

SO HERE IS ANOTHER SIGN THAT SPEAKS TO BEING INTERNATIONAL,

IT'S WORTH MENTIONING THAT THE ARE SENDING THESE CARDS TO 4 COUNTRIES TO START.
....


 

Stage3Alpha:

june  February 28, 2015  CAN THEY PASS TAXES WITHOUT RI/RV?

OilRat > june Maybe A better way to put that question is:
Can they implement new tax laws pre-RI/RV?
And/or Would it do any good for them to implement tax laws pre-RI/RV?

june  > OilRat So what is your thoughts on this ?

OilRat > june My answer to your Q is:they can, but it simply doesn't seem as if it would be beneficial for Iraq to pass/implement new tax laws without and RI/RV......once the RI/RV happens and all the projects start (i.e. New jobs are created for Iraqis), that would appear to me to be more beneficial to creating additional revenue for Iraq's government to use.....JMO
....



The below posts were in our 11am newsletter
KTFA:

briscom wrote on February 28th, 2015, 12:05 am: Mr. Frank: How do you feel after a week with "no auctions?" Do you still feel like 'fainting' brah? Love ya.

Frank26
: Ah yes indeed Sir ......... Still Dizzy I may say.

IMO ....... When they tell You they will sporadically hold auctions I find that to be a cover up to not explaining why there are none.

Hmmm. 
.... 


Tlar & Members Discussing Iraqi 50 Dinar Note Being  Canceled 


G-Lin
    02/27/2015     Experts: 50 dinars born "dead" .. and canceled due to fraud and the deletion of zeros Experts: 50 dinars born "dead" .. and canceled due to fraud and the deletion of zeros

  A source in the CBI revealed that the bank has decided to withdraw the currency of 50 dinars from circulation category because of fraud and conflict with other categories when deleting zeros from the currency, 

and while experts confirmed that the abolition of the small category guide to take prices upward trend, said the 50 dinars born "dead" because they are too small and can not be accepted compared to other groups

The Central Bank of Iraq, the day before yesterday, the currency was withdrawn from the category of 50 dinars from circulation due to "low value and stop the audience from the circulation," according to a statement of the bank. 

A source in the CBI told the "term" that "the Bank does not want a conflict between the currency category of 50 dinars and 500 dinars in case of deletion of zeros from the last," noting that "the central decided to cancel the deal with 50 dinars category formally instructed banks government and private bring this group to the bank in order to burn them. "
~~~


Millionday Friday Night News 2/27/15   Part 2

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: NOTE -- ANYWAY THIS REPORT IS ABOUT BASRA AND WHY BASRA AND HOW THEY ARE TO BE THE ECONOMIC CAPITAL

Millionday: NOTE -- SPEED UP THE PASSAGE OF LAW WAS FOR THEM TO BE THE OFFICIAL ECONOMIC CAPITAL

Millionday: The head of the Supreme Islamic Iraqi Council Ammar al-Hakim, and based on the positions and visions of national and arguments may be fired in the ever initiative to describe Basra economic capital of Iraq, 

and recommended Eminence members of the bloc citizen then the need to adopt this project and to insist on the age and legislation and its inclusion on the agenda of the House of Representatives agenda for a vote and passed; the utility back on all Iraqis, including Albesrion who have suffered so much.

Millionday: SO THEY ARE ASKING FOR IT TO BE ON THE AGENDA NOW AND IN A HURRY
~~~


Tlar & Members Discussing Iraqi 50 Dinar Note Being  Canceled 


G-Lin
    02/27/2015     Experts: 50 dinars born "dead" .. and canceled due to fraud and the deletion of zeros Experts: 50 dinars born "dead" .. and canceled due to fraud and the deletion of zeros

  A source in the CBI revealed that the bank has decided to withdraw the currency of 50 dinars from circulation category because of fraud and conflict with other categories when deleting zeros from the currency, 

and while experts confirmed that the abolition of the small category guide to take prices upward trend, said the 50 dinars born "dead" because they are too small and can not be accepted compared to other groups

The Central Bank of Iraq, the day before yesterday, the currency was withdrawn from the category of 50 dinars from circulation due to "low value and stop the audience from the circulation," according to a statement of the bank. 

A source in the CBI told the "term" that "the Bank does not want a conflict between the currency category of 50 dinars and 500 dinars in case of deletion of zeros from the last," noting that "the central decided to cancel the deal with 50 dinars category formally instructed banks government and private bring this group to the bank in order to burn them. "
~~~


Millionday Friday Night News 2/27/15   Part 1

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: EVERYONE TO NEWS IS FULL OF MILITARY ACTION TONIGHT AND MEETINGS BESIDES SOME I AM BRINGING -- SO KNOW WE DO NOT HAVE A LONG NEWSTIME

Millionday: GREAT TO SEE EVERYONE -- I WOULD LIKE THE FLOOR

Millionday: WE HAVE GOTTEN SOME GREAT NEWS TODAY -- BGG`S DAD IS DOING SO WELL THE DOCTORS DONT UNDERSTAND -- SO OUR PRAYER IS WORKING AND BLESSINGS ARE SHOWERING

Millionday: SMILE      WHOOOPOW
~~~


KTFA:

Frank26:  Speaking of DELTA ......... His report is Brilliant !!! Combined with TEAM CHAT last night Monday's CC will explain the 50 notes. Their purpose....... Their falseness ...... Their day...... Their rate IOO(In Our Opinion)  ........ Their worth........

Their cousins the 100 250 and coins ....... Their 30 to 60 BS.......... And three more things of study with this 50.

On Sunday the 1st of March in this 2015 ........... History will change in Iraq. 
On Monday the 2nd of March in this 2015 .......... KTFA will make History.

KTFA may You all be of Good Cheer ....... Be Happy ...Look at The Horizon ........ Not at the floor. Prepare to write Your name on the pages of Time that will soon answer many Prayers.

Aloha oi ....  KTFA    Frank

.... 


 

Millionday Roundtable 2/27/15

Welcome to dinarupdates.com for Roundtable with Millionday!

Millionday: NOTE -- THIS IS THE ORIGINAL TAX ANNOUNCEMENT IF YOU HAVE NOT SEEN IT

Millionday: The Cabinet Minutes fifth held regular on 03/02/2015 approve the recommendation of the Committee on Economic Affairs on the inclusion of goods and materials imported all Product those of the Iraqi public companies, and mixed, and private all customs tariff No. 22 for the year 2010 law, that this decision is implemented, starting from Date of 03/01/2015.

Millionday: SO LAST NIGHT WE SAW IMPOSED TAXATION COMING ON IMPORT CARS --TOBACCO ETC
~~~


Oldwazhisname  DW, What you speculate on as to the motive and how it might work makes great sense. In fact, of all of the theories/reasons bantered about since yesterday, your's is proabably the most reasonable. 

It could be as simple as they don't wan't/need the 50's because no change is in the works or something like this, which fits handin-glove with what we expect/hope. Thanks for your thoughts.

DreamWeaver  Oldwazhisname, meant to thank you for all your comments of late, but I've been unable to connect easily to internet until late yesterday because of ice storms.    So ... late than never ... thank you for all your posts regarding why CBI may be doing new mechanism, etc. Appreciate your posts.

I went to bed last night, posing the question to my higher conscious mind, "what in the heck is the CBI up to with these 50 notes being illegal tender?"  LOL.  

Upon awakening, these are the thoughts I had in that regard--which really makes sense to me.  Tonight I plan to pose the question, "just when are they going to RV the Iraqi dinar?"  Will keep you posted as to the answer.  :P   Best thoughts ~ DW
~~~



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We are Iraqi Dinar Investors who Tweet and blog the latest Dinar information gathered from public forums, chat rooms, and blogs.  Our Blog posts are e-mailed in this Recap Newsletter.  

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