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Monday, October 5, 2015

DINAR GURUS UPDATE, 5 OCT

10-5-2015   Newshound Guru Millionday   Article quote:  "...desire to advise with regard to ensuring the perfect version for legislation important laws..."   IT APPEARS THEY ARE ASKING TO MOVE FORWARD WITH IMPORTANT LAW ENACTMENT...VERY INTERESTING TO SAY THE LEAST.  IT SEEMS AS THOUGH THEY ARE WORKING FOR A PERFECT SHOT AT THIS PLAN.

10-5-2015   Newshound Guru tlm724
   Article:  "Legal Committee: Income Tax Law will be presented soon to the Council of Representatives for approval"   interesting thing about this law, they want to tax income which is fine but how are the people gonna react to being taxed and then being taxed again with the tariffs?  Think they may have to give them some incentive, maybe increase their purchasing power???  just sayin.

10-5-2015   Intel/Newshound Guru Poppy3   WITH ALL THE PROGRESS IN INK THAT HAS BEEN REPORTED AND REPORTS OF READINGS AND COMPLETIONS I THINK WE WILL SEE A NEW RATE BEFORE THE END OF THIS MONTH AS LONG AS THE PROGRESS CONTINUES AS THE LAST MONTH BUT I, AFTER EVALUATING OUR POSITION AND CONSIDERING ALL THE NEEDS, DON'T BELIEVE WE SEE A RATE TILL LATER IN THE MONTH OF OCTOBER INSTEAD OF THE FIRST WEEK, CLOSER TO THE LAST. THE GOI, CBI OF IRAQ HAVE NEVER COMPLETED ANYTHING ON TIME OR MEET A DEADLINE. I AM EXCITED AND VERY CONFIDENT THE RV IS WELL WITHIN REACH THIS MONTH.  WATCH THEIR ACTIONS ON WHAT THEY HAVE SAID...THEIR ACTIONS WILL SHOW US THE FACTS AND WITHIN DAYS FROM TODAY WE WILL WITNESS JUST HOW SERIOUS THEY ARE.  [post 2 of 2]

10-5-2015   Intel/Newshound Guru Poppy3  ...THE BANKING LAW ARE DIRECTED TO BE COMPLETED TO ALLOW SAFETY FOR SHOWING THE NEW RATE, HOWEVER WE MUST NOW LOOK AT WHERE THEY ARE AND OTHER PENDING ACTIONS THAT HAVE BEEN ANNOUNCED TO TAKE PLACE AND HAVE MISSED THE TIME THEY WERE TO BE EXECUTED.  ANNOUNCEMENT HAVE BEEN MADE WHEN BONDS WOULD BE SOLD (DIDNT AND HASNT HAPPENED), THE ISX WAS TO START TRADING INTERNATIONALLY (DIDN'T AND HASN'T HAPPENED) SEVERAL OTHER THINGS HAVE BEEN PENDING FOR WEEKS AND SOME MONTHS, 9 INTERNATIONAL BANKING LAWS, HCL LAWS.  SO I THINK WE ALL UNDERSTAND MANY OF THESE THING ARE TRUELY NECESSARY BUT SOME ARE MANDATORY AND SOME AREn'T TO ALLOW THE CBI TO RELEASE THE NEW RATE.   [post 1 of 2....stay tuned]

10-5-2015   Newshound Guru Millionday   Article quote:  "the Board of the Central Bank has agreed to rehabilitate the Warka Bank according to the plan prepared for this purpose."  A LONG TIME AGO WE READ ABOUT WARKA BANK AND THE PART THEY PLAY IN THE REFORM PLAN -- IT WAS EXCITING THEN BUT NOW >>> ITS ACTUALLY HAPPENING.   ...CBI IS IN ACTION ON THE PLAN FOR REFORM --- THIS IS A HUGE STEP FOR THE ECONOMIC REFORM OBVIOUSLY...VERY INTERESTING TIME RIGHT NOW.

10-5-2015   Newshound Guru Kaperoni   Article quote:  "Central Bank decided to grant the government banks billion divided them according to the controls to improve its banking system and restore its infrastructure..."  Well if the CBI is going to spend it's reserves it might as well be to improve the banking system.  There goes another billion.  I have always said that the banking system must be advanced and they need "freedom of movement of capital" (Article VIII compliance provides that) for investors to come and participate in the market economy.  This article confirms this fact..."the advancement of the economy and other sectors depends on the development of the sector bank..."

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