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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, January 7, 2015

ZAP MID WEEK REPORT, 8 JAN

HI ALL

THERE IS LITTLE TO REPORT AT THE MOMENT. THE BANKERS ARE ALL VERY BUSY DEALING WITH THE REQUIREMENTS OF THE RELEASES,

AND THE PROCESSES ARE GAINING MOMENTUM AND FLUIDITY. THE INTENDED START DATE FOR PROJECTS IS STILL JANUARY 15.

AT THAT TIME, THE DOORS WILL CRACK OPEN, AND WE WILL BEGIN THE FORMAL FUNDING OF PROJECTS.

FIRST IN LINE ARE THE INTERNAL PROJECTS DEALING WITH OXYGEN, OZONE, WATER, RADIATION, AND CHILDREN/SENIOR ISSUES. THE STUFF OF LIFE

AT THE SAME TIME, PROCESSING WILL BEGIN ON ALL SUBMISSIONS TO DATE.
~~~
ALL SUBMISSIONS WILL BE ADDRESSED IN DUE COURSE, AND WHEN A PROJECT IS IN COMPLIANCE, A FORMAL RESPONSE WILL GO OUT TO ADVISE THE PRINCIPALS THAT THEIR PROJECTS ARE ABOUT TO GO TO FUNDING.

I WOULD LIKE TO THANK ALL OF YOU FOR THE NEW PROJECT PROPOSALS BEING SENT TO DHINTAKE@GMAIL.COM.

WHEN SUBMITTING ANY FURTHER REQUESTS PLEASE DEFINE YOUR PROJECT’S VISION IN THE FIRST PARAGRAPH OF YOUR PROPOSAL.

THIS WILL ALLOW THE PROPER CATEGORIZATION OF YOUR PROJECT TO THE PROPER DEPARTMENT.

THANKS TO ALL FOR ALL YOUR HARD WORK, AND I VERY MUCH LOOK FORWARD TO ROLLING UP THE SLEEVES AND GETTING STUFF DONE WITH YOU.

Hi Susan Zap Once again thanks for doing what you do, we see you! and acknowledge your light! We have no doubt of you staying the course. I hope things are becoming easier for you now.

I thought it would be a wise move to share recent developments that we have experienced with The Red Dragon Ambassador.

We certainly don't want to fall into a trap of being lined up for funding, to be delayed or jerked about. We have a great team that is developing each day and becoming more certain of their role in this unfolding scenario and really understanding their own personal power.

We have experienced a certain amount of acceleration in our funding application as we are no longer in line to be dealt with by Dave Schmidt's process and it would appear they are talking to us directly.

 We have yet to hear their response which we expect in the next couple of days.

However, it is important that the IPR of this idea is as public and transparent as possible, because it really does have the power to effect the global positive energetic and correctly managed and financed to bring in these changes within a 2 year period.

So please spread this out within your collective, perhaps grandfather might be interested to have a look lol. We are looking for a co-funded situation which will also assist towards the healing

We are at your shoulder, we are ready to bring this in, just give us the tools brothers and sisters PG

YES AGREE. THE RED DRAGONS ARE CASHED UP AND FUNCTIONAL, AND THEY ARE ACTIVELY SEEKING 501c3 ORGANIZATIONS I UNDERSTAND.

 I DO NOT CARE IF THE PROJECT IS A 501c3 OR A CORNER GROCERY STORE, SO MY FOCUS IS A BIT DIFFERENT FROM THEIR CURRENT MANDATE, BUT BOTH APPROACHES LEAD TO THE SAME GOAL SO ALL GOOD.

IT DOES NOT MATTER IF IT IS THE RED DRAGONS THAT FUND, ME, OR ANY OF THE OTHER PATHS FOR THIS PURPOSE.

THE POINT IS TO GET AS MUCH DONE AS QUICKLY AS POSSIBLE TO GIVE A HELPING HAND IN THE FASTEST MANNER.

THIS IS SUCH A MASSIVE EFFORT ON ALL OUR PARTS, THAT IT WILL INDEED TAKE MANY OF US TO GET IT DONE.

GRANDFATHER IS THE SOURCE OF THE FUNDS (WITH THE CROWNS) THAT IS ENABLING THIS TO MOVE FORWARD.

WE CAN ALL THANK THE ROYALS FOR THIS REMARKABLE TIME IN OUR HISTORY AS THEY ARE THE ONES THAT HAVE RELEASED THE FUNDS FOR THIS PURPOSE.

I have read and listened to all the promises of great financial returns now for the past 20 years. Is there any information that is put out by Zap and the rest that can actually be substantiated in the "real world?"

PLEASE DO NOT LUMP ME IN WITH “THE REST”. I DO THESE LETTER AS A COURTESY IN MEMORIUM OF JAMES/POOF, WHO FOR OVER 20 YEARS HAS BEEN A PILLAR OF TRUTH AND GOOD ADVICE.

 I HAVE BEEN PRIVY TO MANY THINGS OVER TIME, AND I DO HAVE PROOF IN MY HANDS AS TO THE AMOUNTS AVAILABLE FOR FUNDINGS, AND I AM PARTY TO CERTAIN TRANSACTIONS FOR THIS PURPOSE.

SO YES, I DO HAVE INTIMATE KNOWLEDGE OF THE VIABILITY AND VERACITY OF THE FUNDS DESTINED FOR THIS PURPOSE, BUT AS WITH ALL OTHER CORPORATE MATTERS, THESE INFORMATIONS CAN NOT BE SHARED OUTSIDE THE BOARDROOM.

 WOULD YOU POST YOUR FINANCIALS OR BANK STATEMENTS ONLINE?

Many of us in the real estate industry were virtually wiped out in September of 2008 and have never recovered.

We continue to read all the information that comes to us each week, but never is there any substance....nothing. It's unfair to those of us who have been annihilated by the economic market.

READING INFORMATION THAT PROVIDES GLIMPSES INTO WHAT IS TO COME WITHOUT RELYING ON IT FOR DAY TO DAY SURVIVAL IS IMPORTANT TO DO.

 EVEN THOUGH I AM IN THE MIDDLE OF IT ALL, I MUST PAY MY RENT, BUY FOOD, AND LOOK AFTER PERSONAL BILLS. WE ALL DO.

GETTING HIT HARD DUE TO THE ECONOMIES IS SOMETHING THAT WE ALL HAVE TO DEAL WITH, INCLUDING ME.

 I HAVE CHOSEN THE PATH OF HELPING HUMANITY, AND THAT SEEMS TO HAVE BEEN A BIT TOUGHER TO DO THAN READING BLOGS OF PROMISES AND WAITING.

HOWEVER, DO NOT THINK THAT I AM PUTTING THIS ACTIVITY DOWN, AS THOSE WHO SIT AND SWEAT ALSO WORK. I AM POINTING OUT THAT YOU MUST ALSO DO THE DAY TO DAY WHILE WAITING.

As you know the disparity between the rich and now even the ever shrinking middle class is becoming greater and greater.

TELL ME. THIS IS VERY EVIDENT, AND PART OF THE CABAL AGENDA OF COURSE.

This being said WHAT is actually holding up disbursement of funds such as PP and F&P or should we finally just dismiss all of this as a long term pipe dream?

We're tired of being called delusional fools. You can post this is you'd like as hundreds if not thousands of others share the same sentiment.

YES I DO UNDERSTAND. NO, NOBODY IS BEING DELUSIONAL, ALTHOUGH THE PASSAGE OF TIME WITHOUT RESULTS IS GROUNDS FOR THINKING IN THIS DIRECTION.

THE REALITY OF THE PPP AND THE F&P IS THERE, AND AT SOME POINT, IT WILL BECOME A HARD FACT.

WITH THE CURRENT RELEASES NOW, WE MAY SEE THIS COME ABOUT SHORTLY BUT I DO NOT KNOW THE TIMING.

Hello Zap,  I read your columns often. (And really like your sense of humor!) I would prefer you leave me and this note out of your columns! :-)

I AM LEAVING THE NOTE OUT, BUT I ACKNOWLEDGE THE INFORMATION IN RESPECT OF THIS FELLOW, AND MUCH APPRECIATE THE HEADS-UP.

 I DO THINK THAT THE RED DRAGONS CAN ALSO SEE SUCH THINGS (IN TIME) AND COME TO THEIR OWN CONCLUSIONS.

AS FAR AS I AM CONCERNED, THE PATH I AM ON IS VERY CLEAR AND TRANSPARENT WITHOUT POLITICS.

THE PATH HE HAS CHOSEN IS DEEPLY MIRED IN SUCH THINGS WHICH DO NOT SEEM TO WORK TO THE FAVOR OF THE LITTLE GUY, SO THEREIN LIES THE DIFFERENCE.

HOWEVER, I DO SUPPORT THE BASE OR FUNDAMENTALS OF THE PROPOSITION AS PUT FORTH.

BY THE WAY, YOU ARE NOT THE FIRST PERSON TO COME FORWARD WITH SUCH INFORMATION, AS I HAVE RECEIVED MANY EMAILS INSTANTLY TELLING ME ALL THE NASTY STUFF THAT IS NOT KNOWN GENERALLY.

 BUT YOURS WAS A BIT DEEPER AND MORE INFORMATIVE. I HAVE LEARNED TO STOP JUDGING AND JUST LISTEN, SO MY REACTIONS TO SLIGHTS AND PUT DOWNS IS AMBIVALENT.

I MUST SEE THINGS IN THE LIGHT, AND UNDERSTAND THE CONTEXT IN WHICH THEY ARE SAID (GOOD AND BAD) TO BE OF ANY USE TO ANYBODY. OTHERWISE I FAIL AT DISCERNMENT. MUCH THANKS.

Dear Zap, I found this post this morning on this blog and I was wondering - ARE THESE PEOPLE NUTS or What? Do they actually think that all of the plans made by the Dragon Families (Grandfather) is centered around the point made in Item #6 in the attached document ?

6. THAT AS A RESULT OF THIS AND OTHER EGREGIOUS CRIMINAL ACTIVITY, THE PEOPLE’S REPUBLIC OF CHINA AND THE RUSSIAN FEDERATION, ALONG WITH THE 200+ COUNTRIES THAT HAVE SIGNED THE “GOLD TREATY”,

 HAVE SPECIFIED THAT NO FUNDS WILL BE RELEASED, VIA CURRENCY REVALUATION OR PENALTIES AND REDRESS OF THEFT, UNTIL THE INITIAL STEP OF THE TREATY AND MOSCOW AGREEMENTS HAS BEEN MET, i.e.,

THE DELIVERY OF THE CODES AND FUNDS TO MICHAEL C. COTTRELL, B.A., M.S., FOR THE FUNDING OF THE NEW TREASURY OF THE REPUBLIC OF THE UNITED STATES OF AMERICA.”

Can you please comment (seriously, all kidding aside, even the purple pig puns ) and let us know what the *** this is about (i.e. true or false).

I personally have waited 15 years for this event to happen and after reading Poof & your comments all those years, it hard for me to think that NOW, right when funding is actually happening, that something like this would pop up.  Thanks, Your Friend,  BM

YOU HAVE POINTED OUT A VERY IMPORTANT ITEM. THE MICHAEL COTTRELL AND KEENAN AND WANTA ELEMENTS OF THE RESET ARE JUST THAT…

THEY ARE ELEMENTS OF THE RESET.

THE VERACITY OF THESE ELEMENTS ARE INDISPUTABLE, AND THEY ARE REQUIRED TO BE ADDRESSED.

HOWEVER, THE ELEMENTS THAT GRAND FATHER IS TAKING CARE OF THROUGH THE RELEASE OF THE MATRIX FUNDS TO ALL CORNERS OF THE WORLD FOR OTHER PURPOSES ARE MOVING ALONG UNIMPEDED.

THESE ELEMENTS ARE SEPARATE FROM THE OTHERS, AND THEY TOO WILL CHANGE THE FINANCIAL INFRASTRUCTURE OVER TIME.

THIS IS ALSO THE SOURCE FOR THE PROJECT FUNDINGS THAT I AM DIRECTLY INVOLVED WITH.

SO THE SHORT ANSWER IS THAT THIS REQUIREMENT HAS NOTHING TO DO WITH THE OTHER RELEASES NOW IN MOTION.

Subject: Benjamin Fulford 1-6-15. "The US dollar is now backed by gold but the war criminals remain free"     Posted by benjamin, January 6, 2015

It is now clear that the internationally traded US dollar is backed by gold. The evidence for this is the fact that recently the dollar has changed in value against a basket currencies in a way that closely tracks how gold performed against these currencies.

HYPERLINK "http://money.cnn.com/data/currencies/"http://money.cnn.com/data/currencies/

HYPERLINK "http://www.ino.com/b...s/#.VKePaXsmlB0"
The internationally traded gold-backed dollar and Chinese Yuan are both now under the control of the Dragon (Asian royal) families, the British Royal family, the Chinese communist government, the Swiss banking families and their allies.

However, we are hearing from them that resistance continues from elements of the US corporate government who are using derivatives to continue to create un-backed dollars to buy up the stock market.

They also managed to put an illusory $100 billion into their account on December 31st to postpone their bankruptcy.

The other thing that is clear is that we still have the Barack Obama regime in the US, as seen daily on the corporate propaganda media, refusing to prosecute known war criminals like George Bush Jr and Dick Cheney.

Members of the military and the agencies who are reading this article need to look at the following link which we have independently verified to contain true information [see this Kp blog post]:

HYPERLINK "http://journal-neo.o...es-dick-cheney/" http://journal-neo.o...es-dick-cheney/

 The next thing to do is to ask their immediate superior officer why these people are not being arrested. Whoever in the chain of command, starting with Obama, who is protecting these criminals, needs to be removed.

This can be done using the existing legal system. If everybody does not personally take action along these lines, the cabal rule will not end and humanity will not be freed.

This author, for his part, will be using landlines to phone various cabalists, such as Dick Cheney, to demand their surrender.

We are hearing that Barbara Bush is now frantically fighting to keep the Nazionist power structure intact.

She is behind recent reports that Nazionist leader George Bush Sr. left the hospital (if he did there were no witnesses). Message to Barbara Bush: if you do not surrender immediately, your family is certain to be jailed and even executed.

We will also be seeking proof that many of these people, such as Obama and Cheney, actually exist and are not fictitious entities created either by agency propagandists or a rogue AI.

If it is determined that a rogue AI has hijacked the internet and the financial system, then, as a desperate last resort, allies of the White Dragon Society have used hand-written messages to organize, if necessary,… Janis

ONLY LOVE PREVAILS

WOW. THAT’S A MOUTHFUL TO CONSIDER: A ROGUE AI AS THE MASTER MANIPULATOR OF THIS WORLD’S SYSTEMS.

THIS IS PLAUSIBLE CONSIDERING THE LEVEL OF TECHNOLOGY THAT IS BEHIND THE CURTAIN, BUT IMPROBABLE CONSIDERING ALL OTHER FACTS AND EVENTS THAT ARE CLEARLY DOCUMENTED AND VERIFIED.

YOU ALSO HAVE TO GO LOOK AT BLOODLINES TO KNOW THE TRUTH.

 ALL OF THE ABOVE NAMED PEOPLE SHARE A COMMONALITY THAT IS NOT EVIDENT AT FIRST, AND YOU HAVE TO DIG A BIT TO UNDERSTAND IT. DO SOME RESEARCH.

I WILL COMMENT THAT THE WHOLE SYSTEM AS IT IS RIGHT NOW, IS INTERRELATED, BUT NOT VISIBLY.

THAT IS WHY THE GLOBAL RESET IS UNDERWAY.

BUT, THE POLITICAL SIDE, INTERESTING AS IT IS, IS NOT THE PROVINCE THAT I WORK IN, SO I REALLY DO TRY TO STAY AWAY FROM THE POLITICAL STUFF THAT, ALTHOUGH NECESSARY, IS VEXING AND TIRESOME AT BEST.

SO TO END ON A CHEERY NOTE, SNUFFLES THE FLYING PURPLE PIG, HAD THE FLU, BUT HE IS MUCH BETTER NOW.

KEEP STRONG AND BRING IN THE LIGHT TO ALL YOU DO. GOD BLESS AND LOOK TO THE STARS.

ZAP

“GOD IS; I AM; WE ARE” “BE GOOD, BE LEGAL, TELL TRUTH” January 7, 2015  Copyright ZAP 2013-2015

Love and Kisses,  "THE OFFICE OF POOFNESS"  Susan and Staff

JAMES-NC POST FROM TNT: Other currencies and sleepers after RV ??, 8 JAN

JAMES-NC: I am looking for info on any other currencies that aren't going in the first round. Does anyone know what they are ?

LEELORI:The following in a short article regarding emerging markets:

moneymorning.com/2013/11/29/best-investments-in-emerging-markets-mint-is-the-next-bric/

I started by researching what and who are the BRICS, MINT, and N-11. 

The countries that make up these groups are as follows: BRICS (the 1st and most talked about) [Brazil, Russia, India, China, South Africa]; the next one is called the MINT groups [Mexico, Indonesia, Nigeria, Turkey]. The Next 11 group (called N-11) are Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, the Philippines, Turkey, South Korea and Vietnam. You will see that the MINT group is also included in what they call the N-11. These countries (in my opinion) are worth researching.

We are already aware of the Dong (Vietnam) and Rupiah (Indonesia). 

But as Adept1 says I am not a currency trader. Myself, I am just a humble bookkeeper so Be Sure To Do Your Own Research and tread carefully. Only you know what you can afford to do and what is right for you. 

Take anything and everything with a grain of salt and RESEARCH, RESEARCH, RESEARCH these things for yourself. Peace Out. 

1LADYBIRDNC: wealth manager at Wells Fargo is buying Philippines....he swears that he got it thru his home office....It's supposed to be the sleeper.  Also heard that ISX is being routed thru the Philippines.  I have not been able to confirm this connection with the two.

Rub this in with a grain of salt.  We're all seeking the golden ring....

Good luck with your search

R.V / GCR TIDBIT, 7 JAN

S3A : 

  • Contacts in RENO ARE ON STANDBY...they arrived yesterday in hopes of being able to exchange....they are being told this is a GO. JUST MAY TAKE A FEW DAYS TO PROCESS EVERYONE ONCE THEY START


  • All conscious collectives, prepare to move the Landing gear and stow the stairway....locking down now going to move from untraceable to transparent, please advise all non believers to get their hearts right...no ugly allwed past ramp. Timberkids


    • Love it!

MILLIONDAY WEDNESDAY EVENING, 7 JAN

Millionday: Tgb directed a number of economists and those interested to the founding of Iraq Economic Forum, aimed at the advancement of the Iraqi market (labor, trade, construction, finance and tourism) market through the development of strategies for the achievement of economic development after the unification of the private sector's efforts in policy the obvious economic of the country.

Millionday: NOTE -- THIS IS OBVIOUSLY FOR THE ADVANCEMENT OF THE MARKET ECONOMY DUE TO THE GDP AND THE % LISTED HERE -- TO BE AFTER THE POLICY ACTIVATION OF THE COUNTRY ECONOMY -- NICE TO SEE
Millionday: It has been met with a proposed business Fares the man Salman in this regard accepted by a number of economists elite in order to unify the voice of the private sector and his address with the state for the purpose of presenting their needs and problems and ways to solve them away from the demands of Ferdih.waodh the Salman "morning" that this goal Forum is moving to develop strategic plans for the advancement of the national economy, accompanied by parallel plans and scenarios alternative adapt to the immediate economic changes in order to reach the goal.

Millionday: NOTE -- THIS ECONOMIC FORUM IS A PLACE FOR ALL PRIVATE SECTORS TO GO FOR ANSWERS ETC -- ONE STOP SHOP TO TAKE CARE OF ISSUES

Millionday: NOTE -- READ EVERY WORD OF THIS
Millionday: For his part, noted economist appearance of Mohammed Saleh said the forum will go out to submit proposals to address the economic distortions, away from the loaded state any obligations: but paints a way for nature to deal with the objectives of the stage and the transition towards a market economy.
And that stage requires break into the market by the private sector and work to achieve and demonstrate the impact of the activity in it by making efforts to attract capital immigrant and work partnerships with large foreign companies that you find in the Iraqi market and promising.

Millionday: NOTE - THIS IS A STEP TO MOVE TO A MARKET ECONOMY AND ALSO TO HELP COMPANIES COMING IN TO IRAQ -- WONDERFUL
Millionday: He returned the founding committee of the member Salman indicates that the content of the Forum is the international economic annually provides counseling and advice is not bound by the decision-makers of politicians, businessmen and discusses the economic problems facing human civilization, and the same time is a local forum annually submit to the decision-makers of politicians (government and parliament, civil society, professional organizations, and businessmen) brush of the solutions to the economic problems facing the country and the Iraqi economy and puts free then the recruiting impact solutions.

Millionday: He said that the forum will draw non-binding state economic plans in order to serve the interests of Iraq as a state (government and people), as well as a development plan long-term (50 years), which in turn include 5 decimal plans every ten-year plan includes two plans Khmsatin, and all five-year plan include five annual plans that are evaluated performance on a quarterly basis (every 3 months) to correct the path and develop alternative plans to cope with the reality of the market changes in order to serve the implementation of development plans and not be deflected from its course in terms of performance and goals, and times and costs.

Millionday: NOTE -- SO THE ECONOIC FORUM IS TO HELP AND ALSO REVIEW GOALS OF THE COUNTRY ECONOMICALLY -- HOWEVER THE BEST PART IS THEY HAVE FREEDOMS TO MAKE THEIR OWN BUSINESS DECISIONS -- THEY WILL GET USED TO IT AND ENJOY IT AS WELL
Millionday: He pointed out that stimulate the national economy and diversify its resources factor and re-energized and a fundamental change in it and improve the business environment within the legal, regulatory and structural their frames, which works out of the private sector in order to progress to the dialogue and partnership between the market and the government is aimed at policy-making and legislation and structural implementation of the transmission of the private sector to lead the market.

Millionday: NOTE -- THE GOV POSITION IS TO MAKE SURE THE LEGISLATION IS THE BEST IT CAN BE FOR THE MOVE OF THE MARKET
Millionday: It projects Forum to work on the implementation of the strategy and the private law sector investment and privatization and Ray own sector, as well as the activation of a draft anti-dumping commodity laws, local product protection, consumer protection, commercial agencies PPP bilateral economic agreements and a joint strategy, as well as resource development of non-oil (livestock, agricultural, National Seed Bank) through investment Pension Fund / care funds minors / Endowments
The economic expert on behalf of Jamil said that the forum is a supportive step for the local economy, comes along the lines of the Davos World Economic Forum, pointing out that the city of Baghdad possesses the qualifications of the founding of this Economic Forum is important.

Millionday: NOTE -- AS WE SEE THIS IS ALSO THE COMMERCE PRIORITIES AND ALSO THE CLEAN ENERGY THEY HAVE BEEN TALKING ABOUT -- IT WILL COMPLY WITH THE INTERNATIONAL COMPLIANCE -- VERY GOOD NEWS AND HUGE HUGE NEWS AND PROGRESS FOR THEIR MARKET
Millionday: He pointed to the possibility of a commitment to produce recommendations The Forum and flowing into the local economy in all sectors of production and service service. The economic expert Samir Nasiri was described as a non-governmental organization of independent non-profit (non-profit), a forum for the private sector Iraqi all Athadath and its organizations and its representatives and its institutions and its and Characters with experts in finance and economics and interweaving their visions through a partnership with the government of dialogue in order to liberalize the market and his future and the creation of a favorable investment climate accordance with a phased look consistent with the government's economic approach to the program and look at the strategy is consistent with what was stated in Article (25) of the Constitution.

Millionday: SO AS WE SEE THIS IS THE ONE STOP SHOP AND RELEASE OF ALL PLANS BUSINESS--INVESTMENT-- AND MARKET -- GREAT NEWS WHOOOPOW
The Shoe: So is this all active as of today? Sounds fantastic!
Millionday: THEY HAVE ESTABLISHED ALL QUALIFICATIONS AND HAVE ANNOUNCED IT TO THEIR PUBLIC AS OF TOMORROW MORN
Millionday: IT HAS BEEN DECLARED
Binnacle: Do we have a link to the original article on the above?
Millionday: IT IS ALL BEING COPIED
Millionday: AND RUDIE WILL POST THE NEWSTIME AT THE END FOR YOU TO READ AGAIN
-----------------------------------

Millionday: AND THIS IS WHAT MANY OF YOU HAVE BEEN WAITING FOR
Millionday: economic academic Dr. Isam Muhammad: The launch and encourage the public to trading as an investment with a good financial returns of Treasury bonds would do the activity of this type of trading at a time when the country needs to finance the budget deficit by borrowing Aldakhala.oadav Mohammed told "morning" that government bonds is one of the means of monetary policy, but not circulated the public not to launch bonds by the Ministry of Finance since the duration of the hand, and the weakness of financial awareness among the citizens on the other.
He predicted that traders accept the Iraq Stock Exchange and have experience to buy These bonds to advance their knowledge of the profits Stderha they purchase, because the Iraqi government bonds desirable because of its features.

Millionday: WHOOOPOW ---- TREASURY BONDS ON THE ISX AND READY TO GO -- LOVE IT
Millionday: REMEMBER THAT THE 11TH ISX OPENS BACK UP
Millionday: LOVE IT
Millionday: GREAT NEWS

Imperator: Î HAD TO READ THAT TWICE!
mrref1216: ISX and CBI ready to go
Millionday: I HEAR YA ME TOO!!!! WHOOOPOW SO THAT IS SOMETHING NEW WE SHOULD SEE WHEN ISX OPENS BACK UP
quicktolegit96: so that means what exactly?
Millionday: THAT MEANS THAT JUST LIKE THE US BONDS AND MANY COUNTRIES -- INVESTORS WILL BE ABLE TO INVEST ON THE ISX IN IRAQ THROUGH THE PURCHASE OF BONDS THAT WILL MATURE WITH GAINS AS THEY GROW THEY HOPE
Danalivin4HIM: will they do that at the reality rate? or at the imposed rate?
Millionday: WE SHALL SEE -- I WOULD GUESS REALITY AND CALCULATED AS INTERNATIONAL COMPLIANCE BUT WE SHALL SEE IF THEY ARE READY TO GO
Millionday: OH HUN WE ARE PRAYING
Millionday: SMILE
---------------------------------

Millionday: REUTERS
Millionday: NOTE --HUGE NEWS
Millionday: Economic Commission parliamentary announced the possibility of a reduction in the federal budget for the 2015 deficit.
The committee member said Jawad al-Bolani in a press statement that "there is a possibility to follow the budget deficit and reduced administration."
He noted that "deficit reduction is through the Central Bank's support for activities that will help us to overcome the economic downturn. "
He stressed the need to "provide financial institutions special activities to move the market."

Millionday: NOTE -- CBI IS SAYING THAT STRATEGIC MOVE TO THE MARKET IS GOING TO HELP MINIMIZE BUDGET
Millionday: He said al-Bolani said "the draft budget is currently in Parliament had studied experts, academics and all those interested in the budget as one of the important topics and sensitive."
He said the committee is continuing to Follow-up to the government's economic plans, pointing to encourage investment and reactivate agriculture and industry sectors to add other financial resources other than oil to the general budget.
The budget deficit in 2015 amounted to 25 trillion dinars from the size of the budget of 125 trillion dinars.
It is worth mentioning that the year 2014 has seen the adoption of the budget General for Iraq.

Millionday: SO THEY HAVE FINISHED THE 2014 BUDGET AND HAVE ALSO DECIDED THE MOVE TO THE MARKET IS THE BEST WAY TO MINIMIZE THE DEFICIT -- NICE
Millionday: ARTICLE 25 OF THE CONSTITUTION AS WRITTEN

-----------------------------

Millionday: THIS IS TOMORROW
Millionday: AGENDA OF PARLIAMENT


Millionday: Agenda of the meeting (2) Thursday (8) in January 2015
First, read verses from the Koran.
Second: The vote on the draft of the Ministry of Health Act. ( for the Health and Environment Committee , the Legal Committee ). (Article 21).

Third: The vote on the formation of the investigative committee for the fall of Mosul.
Fourth: the continuation of the second reading and discussion of the draft general budget of the Federal Act of 2015 ( the Finance Committee ).
Fifth: The first reading of the draft law and the ratification of the letters exchange of notes and minutes of discussions on the Japanese loan to signed on 02.16.2014 the Republic of Iraq. ( Foreign Relations Committee , the Finance Committee ), (2 items).

Millionday: NOTE -- WE HAVE THE LAST DISCUSSION OF THE 2015 BUDGET AND ALSO WHAT TO DO ON MOSUL AND JAPANESE AGREEMENT

Millionday: Sixth: The first reading of the draft accession of the Republic of Iraq to the International Convention for the Law on Road Traffic of 1968 and the European Agreement supplementing her for the year 2006. ( Commission services and reconstruction). (Article 2).

Seventh: The first reading of the draft law on political parties. ( Legal Committee , the Committee on civil society institutions ). (Article 69).
Eighth: the second reading of the draft law regulating the work of advisers. ( Legal Committee ). (Article 5).

Millionday: NOTE -- LAW OF PARTIES
Millionday: NOTE -- ADVISORS WORK DISTRIBUTION


Millionday: IX: The second reading of the bill to establish the Aliens Act. (Commission on Security and Defense, the Legal Committee ). (Article 55).
Session begins at: eleven in the morning.

Millionday: OH AND ECONOMIC GROUP WE JUST DISCUSSED
--------------------------
Millionday: WHOOOPOW >>>
Published by all of Iraq [where] the parliamentary finance committee report on the federal budget for fiscal 2015, which was read today in the parliament session.

Millionday: Announced the legal department at the General Secretariat of the Council of Ministers, on Wednesday, 11 on the completion of the project and two international agreements and six MoUs law during the last three months of 2014.

Department of the Office of Information and government communication, said in a statement reported for "Twilight News", that the most prominent laws of completed projects during the fourth quarter of last year, is the law of accountability and justice, and the prohibition of the Baath Party, and the draft of the General Authority to ensure the regions and governorates not organized the rights of the province of the law in a fair participation in the various state institutions management and
Millionday: NOTE -- WE HAVE THE LAW OF ACCOUNTABILITY AND JUSTICE AND GEN AUTHORITY ON BORDERS ETC -- ALONG WITH CIVIL SERVICE LAW LAWS OF THE AUTO IN THE LAND AND PUBLIC CONSULTANTS
Millionday: Legal department said it has completed a draft diplomatic passport holders agreement, private or service from entering between Iraq and Armenia feature, and a draft of Iraq's accession to the United Nations immunities of States and their property Convention on jurisdictional law, in addition to the six memoranda of understanding with Turkey, Australia, Serbia, and the Iraqi ministries .
Millionday: NOTE -- ADMISSION TO UN AND ALSO PASSPORT HOLDER AGREEMENTS WITH SOME

Millionday: LOOK AT THE NUMBERS THERE >>
According to the statement, the litigation department in the legal department of the General Secretariat of the Council of Ministers has completed 193 administrative, civil, and criminal investigative and other proceedings, in addition to the 850 functionally request.

Millionday: NICE -- BETTER THAN THE CONSTANT STANDING STILL
Millionday: SMILE
misterq: OK......Sorry about that.....Is the 2015 budget out ( public) in ink???
Millionday: THEY STATED THAT IT WAS AS OF TODAY
-----------------------------

Millionday: NOTE -- THIS IS GREAT NEWS
Millionday: Finance Committee in the House of Representatives confirmed the possibility of the use of the amounts in the reconstruction of Iraq Fund of the United States of America (DFI), amounting to about two billion dollars to fill part of the budget 2015 deficit, denying the rumors about the fund in which $ 100 billion.
The Member Services Committee and reconstruction parliamentary Emotions grace, called using reserve Iraq in the Fund (DFI) in which up amounts to about $ 100 billion to address the financial crisis experienced by the country.
Committee member Jabbar al-Abadi, said in a statement the "morning": that government can exploit the amounts in the fund and that a little more than two billion dollars, adding,

Millionday: NOTE -- THE USE OF DFI TO MINIMIZE THE DEFICIT
Millionday: "However, it will not solve the economic crisis of the country I said."
For his part, Economic Adviser to the Prime Minister the appearance of Mohammed Saleh said that Article 26 of Law 56 of 2004 of the Central Bank Act prohibits government loan of currency in reserve and it's $ 79 billion, unless there is a legislative amendment allows Bakannouna Bzlk.waodh favor of the "morning", said the 2015 budget deficit financing sources could be through the banks or the public as a kind of domestic borrowing, while external borrowing may be through the International Monetary Fund the World Bank or from loans paid on credit by international companies implementing projects in Iraq, and therefore, the project borrowing too much status of sources of funding, but did not mention the funding through the central bank reserves because he knows that it is prohibited under the law.

Millionday: NOTE -- SO IT MAY OR MAY NOT HAPPEN AS WE SEE
Millionday: It is said that the amount of the financial budget for this year amounted to 123 trillion dinars deficit of $ 25 trillion dinars, which prompted the government to take measures aimed at reducing spending and abandon luxuries in order to avoid wasting public money and to cope with the economic crisis, which resulted from the deterioration of oil prices on global markets, amid assurances that the importance of finding other resources is Oil on the grounds that the country is rich and has a lot of good things, but agriculture, industry, trade and other sectors need to be enabled to achieve the desired goal.
Millionday: SO AS WE SEE THEY ARE PREPARING TO MOVE FORWARD AND ARE MAKING MOVES TO DO SO

Millionday: END OF REPORT -- WORKING TOGETHER AS A COUNTRY I THINK THAT IS THE BEST OF ALL -- MAJOR BLESSING AFTER ALL THE YEARS OF FIGHTING --- BIBLICAL

lstar877: when u say forward ... is this regarding international status? I'm thinking international is the thing that will require a new rate.
Millionday: FORWARD WITH THIER MARKET AND THAT WILL BE INTERNATIONAL TRADE -- A MARKET ECONOMY IS SUPPLY AND DEMAND AND WILL BE GLOBAL ACCORDING TO THEIR REPORTS
Papatom: the dFI fund was designated for Infrastructure rebuilding as I remember....using it for deficit reduction seem smart as the deficit comes from the need for infrastructure...right? and is the sentence that says agriculture, industry, trade and other sectors need to be enabled speaking about a market economy?
Millionday: I AGREE AND YES IT IS SMART -- YES THE SENTENCE ABOUT THE % OF GDP IS THEIR MARKET OTHER OIL AND ALL PRODUCTS ETC -- GOOD POINT
Danalivin4HIM: I'm sorry to interrupt, the last article before this one, did they pass the budget or did they put it off til Thursday?
Millionday: Published by all of Iraq [where] the parliamentary finance committee report on the federal budget for fiscal 2015, which was read today in the parliament session.
Millionday: ACCORDING TO THIS IT WAS READ AND PUBLISHED
Millionday: SO NOW THE VOTE OR THE VOTE HAPPENED -- WE WILL KNOW TOMORROW OR A DAY OR SO
GrannieAnnie: MD was it published in the Gazette?
Millionday: IT DOES NOT SAY THE GAZETTE -- I WOULD SAY ITS COMPLETION WAS PRINTED AND IS DONE TO BE VOTED AND PRINTED IN GAZETTE
paul-o: oops didn't mean to hit enter -dang it. Ok. so if they finish the 2nd reading tomorrow, don't they still need a 3rd reading? And is there a mandatory 4 day wait between the two? And you said they vote on they may vote on the budget tomorrow or sunday?
Millionday: THEY HAVE CHANGED THE RULES SOME TO EXPEDITE THE BUDGET SO WE SHALL SEE IF THEY WAIT THE FOUR DAYS THEY STATED THEY WOULD READ THE SECOND TIME AND VOTE IN ONE DAY SO WE SHALL SEE
Millionday: TODAY WAS SECOND READING

ADAM MONTANA TIDBIT, 7 JAN

1-7-15 Adam Montana: Things just keep getting better! The budget was read today, as planned. It's possible to have a decision as soon as tomorrow, but there is no official vote scheduled that I know of... either way, when Iraq meets deadline after deadline after deadline after a decade of postponements and delays, you know it's time to put on a smile! We already know that we have an HCA, and they are already talking about making that an HCL. Again, moving quickly and making solid progress.

S3A CHAT UPDATE, 7 JAN

Stage3Alpha:

OMEGA MAN January 7, 2015 at 3:16pm 15th TRNs to be announced

Janie > OMEGA MAN excellent news.... can't wait to hear this one :) 

EXOGEN :  NOTE:THE RI MUST BE COMPLETED PRIOR TO AN RV

Coffeeone Can we exchange at RI rate. Will the dealers be able to exchange us at the RI rates even if the banks refuse?

Vinman > Coffeeone   A rate is a rate so....yes

**********

Mr Virtue January 7, 2015 at 12:24pm Silverdoctors ~When the next Crisis unfolds, fed's will ask China to revalue Gold.  

http://www.silverdoctors.com/stewart-thomson-when-next-crisis-unfolds-fed-will-ask-china-to-revalue-gold/#more-49748

**********

LifeTalk January 7, 2015 MtnGt: There is no longer anything more for Iraq to accomplish with any legitimacy as to a reason given by the USA or any country for that matter as to why a hold up. Anything going forward, should this budget of 2015 be passed, is nothing more than a conspiracy on the part of the USA to further delay it.

DaWu > LifeTalk Very believable!!!

**********

Phoenix :   If I may,,, was inspired from earlier posts:

The elusive RV,,,

Dripping resplendently with gooey anticipation.

A glowing beacon in a darkened yet not completely foreboding landscape.

Hope raises and is dashed, in a moment to be relived again and again.

Weary we yet again put foot before foot.

Looking to the future refusing to be cast out of history wrapped like fish in yesterday’s tabloid.

The strength in numbers, that family spirit and camaraderie that provides the elixir to continue in the heat of the struggle.

The manna from above that nourishes the soul and gives strength to continue as we share.

Share our lives, hopes, dreams and aspirations.

Not just for us, but for the world,,,, for humanity,,,,,,, for all.

For WE ARE DINARIANS!

**********

Marc N. > Phoenix GREAT, it could be the words spoken in an epic way at the beginning of each and every installment of the new TV series "The Dinarians"

Todays episode focuses on PTDSD, PostTraumaticDinarStressDisorder

TNT CC NOTES, 7 JAN

TNT Call notes 7-Jan-2015
Tony:  Good morning, TNT!  Today is Wednesday, January 7, 2015.  Since Ray is not here today as he is attending a funeral, there is a noticeable difference – Pam just refuses to entertain you guys!  We are still here where we shouldn’t be, but we have good news. Things are here better and sooner, and DC will tell you all about it! Everything is really good. 
After every one of our calls, every other board will have something to day, whatever the reason.  I don’t mind that, because they can go out and verify what we said, just as we do for their information. I have explained this so many times, even at a fifth-grade level – how this is working, fluid, constantly changing depending on what’s going on in the world. We don’t control this!   I don’t’ get to decide when this will happen!  What we do get is the schedule they are being issued, and when to expect some action, plus the updated procedures.  We don’t’ always give it to you in the moment, but we do afterwards.  I did say that it is scheduled some time this week, and it still is, but last time we gave an exact date, they blamed US for messing it up because we told everyone and they expected chaos.  So now we just give you a window of opportunity.  There is definitely a schedule, but I don’t know if they will meet it. 
The tweet I sent out yesterday about it being this month, people got back to me and said that Iraq wouldn’t say that.  Well, they said it would be done by the 1st of December, then the 15th, then the 1st of January. That is their government telling their people. They didn’t live up to those dates, and they are making themselves look bad, but at least they are announcing it and trying to get it accomplished. There is a new timeframe, and there is good news today for those who want to learn and follow along.  We give you this information from our own sources, not some idiot that think he knows everything.
DC:  It’s miserably cold here in Texas!  I’m going to organize our thoughts around the completion of the amnesty stuff, then east to west.  We did get confirmation that after the third revision and a minor update on Monday, they did finish it up and everyone is on board with that. They also used that time to work on timelines. Iraq wants to do it NOW, and everyone else talking and getting everyone onboard – countries, central banks and the regular banks.
Tony:  We go the information that at least 30 countries have agreed to that timeline.
DC:  East to west, they finished the second reading of the budget and that has been broadcast on Iraqi television and al-Jazeera, with lots of commentary.  That is squared away, and they are very much expecting it with this. There has also been talk about implementation of the budget since last Sunday. The senior Iraqi politicians are fit to be tied to get this done;  they see the amnesty issue as petty and annoying. They are getting everyone geared up, with finance ministers and CBI saying “go, go, go, go, go!”  Those notifications have gone out from the CBI to PM Abadi, IMF and BIS. They are saying they are free and clear to do this when they want to, and everyone needs to be ready – that is not just to Iraq but also international bodies and central banks.  They are quadruple-checking they don’t any another amnesty deal, and all of Iraq believes it’s at any moment from now on.  They consider themselves ready to go, and their central banks have been accepting dinar credits internationally since Sunday.  In the US that is starting back up today.  Countries outside the US have started on Sunday, and CBI is giving them credit.
That is the exact process we will be running on.  Joe Blow hands in his dinar, they are sent to the US Treasury, and they are credited at the CBI. This is going on internationally.
Anbar province is looking better;  the tide has turned on ISIL and that helps many aspects. There is good intelligence work going on, and everyone believes that in Abadi and his inclusive government. That’s what we have so far on Iraq.
Tony:  The second reading of the budget has been approved and they are broadcasting on their television HOW that will be implemented.  We are waiting for two things – either  third reading and implementation, or simply a vote and it will be implemented. The banks there and here are geared up;  they got their briefing after our call on Monday. They got the date and time they think it will be implemented, and also a “no later than” date/time.  ISIL is under control.  Here is the big question:  is what is happening in France anything to do with this? 
DC:  It is an issue, but an isolated issue that has been simmering for a long time, i.e., the incursion of Muslim immigrants around Paris…
In the USA, we are one of the 30 countries who have agreed to the schedule. They have tweaked the bank plans, and they are briefing the US-controlled banking entities.  Banks have been briefing their own employees over the last 36 hours, with guidelines and adjustments to the plans. Some are using new people, and others are moving folks around. Each bank has been prepping and ramping up for this.  The UST is supportive, with law enforcement ramping up as well in the last 36 hours, getting everything ready to go again.  Does the changing of the guard in the senate change anything?  Not really.  If anything, it might help a little bit.  It’s always worked better if there is some competition around investigations or proving themselves better.  Both Reps and Senators have told me that, and it’s about “we’re all in this together” rather than fighting each other.
Tony:  You will hear many different bank stories and proposals, and some are ridiculous.  I don’t know what’s true and not true;  don’t pay attention until we get the package and find out what the real procedures are.  They are changing this every day.  We know what is going on in the banks and the government, and who’s doing what for which reasons. We’ll just have to see how it plays out.  If we find out it’s real information, before we are asked to do our part, we will talk about it. We will never do anything to hurt you guys – we will not be part of that. 
707 caller:  I’ve been on  since midnight, 641 minutes!  I’m a newbie, and I want to give a shout-out to those who have been listening for years!  You know every scenario since last June…  As a newbie, these acronyms are a little challenging for me:  SKRs, TRNs, etc.  If you mention the meaning from time to time, that would be great.  Also, it makes sense to me that 85,000 have exchanged;  somebody has to justify that money!  It’s like an advance that people are being paid, like the banks know that this is good money, and they will get it back.  I don’t see the benefit in the banks doing that…  How?  Why are they getting paid and we still have to wait for all this bureaucracy?
Tony:  How are they getting paid – how are they chosen one?  And why would the banks take that risk?  [Caller:  #2]
DC:  Bankers aren’t stupid or risk-takers, so they only do this because all their ducks are in a row. They are getting credits from the UST and the CBI.  Let’s say you are one of the ones going through. You hand over your currency to the bank.  The bank gets credited at the US Treasury (and any oil credits, if China is buying your currency) and the CBI also checks the serial numbers and credits you, the UST, and China (if applicable).  The banks know that this is or will be hard currency.  Last year, this was all done with forward-based contracts, not actual credits.  However, since last Sunday, all the international banks are getting real credits.  Also, the banks are getting money for doing this! They only pay out a portion of this, and they get overnight credits for the money they retain.  Plus they choose the customers they wanted, in advance, and choosing their portfolios.  They did it because they were getting something for it, not out of the kindness of their hearts… but that is why the banks are there, to make money.  So they were willing to take a little bit of risk for a lot of reward.  [Also, they get 2% as their fee.]  It was a business decision.
Caller:  So ALL our money is good!
Tony:  Yes, it is all good, but when will it be good and who do I want it to be good with?  The banks want to cherry-pick their customers to choose those who will stay with the bank and let them make some more money.  How do they pick them?  DC knows…
DC:  There were some remaining political/banking connections from a year ago that didn’t want to take SKRs or forward based contracts.  They are going in now.  The majority of those folks were picked by wealth managers who were cleared to do so. The vast majority of WMs have no clue and were told this was a scam.  A few were told that this is real, and they had the right connections with big dinar-holders, like in Atlanta. We have not figured out how to get on that list;  it’s very difficult to do so. Calling the bank will not help at all.  You have to have a connection to a WM who is doing this.
Tony:  So only selected banks, selected WMs and selected clients know about this, and it will continue like that up until the time it goes public!
Caller:  I finally got on when I realized I had to put my hand up by pressing #2.
828 caller:  A few weeks ago, you mentioned that you would NOT be writing ‘all rights reserved’ over your signature;  please explain the benefits or otherwise…?
DC:  I’m not an attorney.  I don’t see any advantage, and it gets you into all sorts of issues that I don’t want to get into.  It’s about how the contract could be changed, and where the bank could put the money elsewhere. The primary benefit I have heard of is when people don’t’ want to agree to ongoing NDAs or contracts;  they are trying to give themselves outs, but I don’t see the point.
Tony:  They are signing the paperwork now in order to get paid and don’t want to have that changed without their permission.
Caller:  What is to stop politicos throwing the next issue in for further delays?
Tony: I said it is SCHEDULED to happen in the next week, and there is nothing to prevent further delays until someone says “enough” and is willing to force the issue.  If someone keeps hitting you upside the head, they will carry on doing that until you force them to stop.  We hope that this is it, and in the last 24 hours, they have started ramping up again.  Unless they are lying and getting them to do that for nothing, this really is it.  There is a new power-sharing agreement in DC as well as Iraq, so this may be different. Now people are in position to make certain things happen now;  they can be guaranteed approval now and they weren’t before.
Caller:  Who has the power to say no to any further delays?
DC:  Only the US, China, the UK and maybe a few others have the power to cause problems here.  We have been watching the Big Four to check what they are doing. Right now, if anyone gets in the way of this, the price would be extremely high. There are some very smart people who want to get this done, and they see through BS pretty quickly.  There are elder statesmen in the US, IMF, BIS, the UK and Iraq who have seen every sort of baloney and they are not putting up with more delays.  If you want a delay, you’d better come with the best argument possible.  In the US, everyone is playing together a bit better, and more concerned about potential investigations and issues that might screw up legislation that they want to get done in the next two years.
Caller:  What are the chances you’ll have to do a regular call a week from today?
DC:  Slim. Everyone is so desperate to get this thing done.
Tony:  There is a timeline, and they are gearing up to go right now. Iraq has told their people on television right now, and the chances are very high this will go through.  It should have gone through the last four times!  I’ve been so positive this is about to happen, I haven’t asked for support on the bill, hoping we could just squeeze through one more call.  I hope we’ll hang up this phone and I’ll call you back in an hour.  It is scheduled for this week and I do hope it happens!
202 caller:  If you have money in reserves, is it still the case that you can’t use exchange money to pay for those reserves? 
Tony:  If they tell me the rate is $3.58, I’ll just exchange at the international rate, redeem my reserves, and exchange those at the international rate.  [DC agrees.]
415 caller:  You’ve said the banks are concerned about people just going through their money – why should they care?
DC:  Banks don’t want people to burn through their money like with lottery winners, and also they prefer long-term customers with lots of money, because they make it back in fees.  They don’t want a fast burn of cash, so they want to spin it out more slowly.  They feel they are protecting those who aren’t prepared for this windfall.
Tony:  That’s a great answer, DC!   The banks are in business to make money.  It’s not their job to protect you from being a toothless crackhead – they just don’t want to be part of that.  There is no benefit in it for them to set up your accounts for 30 days.  They want you to invest the money so they can look after it in the bank.  It’s the government that thinks you will blow it all;  have a plan and prove them wrong.  Show them that you are not succumbing to lottery winner syndrome.  Banks are not trying to protect you, they want to make money from your money, long term.  Business is business. 
This is what I tell Pam all the time:  I accept everyone for who they present to me until they show me who they really are, and then I learn to live with them.  The same is true here.  You cannot live without them, so learn to live with them and what to expect from them.  Then go on from there.  You’re not going to put that money in the mattress; you’ll have to deal with the banks, so figure their role and your role in this.
303 caller:  A previous caller asked earlier, can you exchange what you have in hand and use that to pay off your reserves?
Tony:  People who have already exchanged have been told they cannot, at contract rates.  However, street rates are okay. 
Caller:  I’ve been more anxious since you said that possibly you won’t be able to share the 800 numbers or even make the announcement.  What info can you share with us? Will you be able any kind of directions about where to go?
DC:  So far, I gather that tony and I will be able to say Goodbye, and there is the website with the 800 numbers.  That is the least we’ll be allowed to do.  Some would very much like us to continue as a clearing house, and give a rundown of what is happening at this bank and that bank. They want us to do that, but some UST people don’t care for us too much, so we’ll wait to see how it flushes out.
Tony:  DC has seen the NDA;  I have not.  So I don’t know what we will be allowed to do.  At least we’ll be able to notify you.  They will tell us early or someone else will give me the information, and I’ll send it out.  I think they’ll let us give you directions at least.
Caller:  There is talk of the dong being devalued;  any impact on the RVed dong rate?
DC:  You’re probably paying attention to some international new sources, right?  The classic economic deal is that to increase exports you decrease the rate, so that people will buy more.  The Vietnamese government wants to go to a more consumer-based economy, where they use more of their own goods, and a revaluation will help with that.
Caller:  I’d like to suggest that whenever a release date comes up, you advise of it and let us go to our own devices of whether we believe it or not.
Tony:  If it doesn’t happen and we have a Friday call, I will do that then, okay?
Caller:  DC, I’d like to volunteer for your museum and keep in touch with you and Pam.
DC:  We’d like that.  The NDA might get in the way, but eventually I think everyone will need to study this.  Just like a war, we need to understand this from all sides. 
281 caller:  I know you don’t known specifically yet, but we still hope we’ll get 800 numbers – is that we are looking for you guys to be given?
DC:  Whether it’s an 800 number or a website, we are expecting some information e can give you to get more instructions.  Before we thought one bank would handle all calls, but now each bank is handling its own appointments.
Caller:  I have a bit of everything – will we need 800 numbers for dong and zim?  I know dinar we need appointments, but can I just do the zim and dong at the bank?
Tony:  Regardless of this being an RV or not, banks have limits.
DC:  At one phone call, you can set up one appointment for all your currencies, and you tell the operator how much you have of each one.  I would encourage you to make at least two appointments, in case of accidents.  You want to be able to walk away from a bad situation and not lose all your currencies at once.  Also, banks have ratios they needs to keep for regulators, etc.  Tier 1 ratio is about how much money they have on hand;  also deposit ratios are key. They want to balance loans with deposits, and that will cause havoc with a lot of bankers if they just put lots of money in checking or deposit accounts. They want to put money directly into investment accounts. Smaller banks especially have issues with their balance sheets with the Federal Reserve.  Let’s say you have 100 million dollar and you go to a local bank – that will screw them up because they don’t have the loans to balance that out.
Tony:  Nobody in that bank can do a million-dollar transaction;  they are not qualified or authorized to do that and they will have to go through a certain procedure at that bank. That’s why they set up exchange centers with people who are authorized.  Now the banks are doing it individually.  One bank has to accept everyone, but you might want to have other appointments at the other banks because you don’t know if they want you or what they will offer you.   There are no guidelines, and it doesn’t make sense!  Someone will end up paying tor this.
Caller:  Do you really think this will happen before the end of January?
Tony:  The tweet said that, and it’s true, but the dates I have are way before the 31st.  In Iraq, they say this is getting ready to implemented and this is how it is going to happen, just not when.  If it hasn’t come out by Friday, I will tell you the schedule then.
301 caller:  I was reading about the budget law, and I heard that Abadi had a meeting with Parliament today and will have another one tomorrow.  In the s3a group, they said that there is a green light and people are starting to celebrate in Iraq now.  ISX is supposed to be back up by the 11th, so from now to then is a good four-day window.
Tony:  We were told last week they wanted 3-5 days before ISX opened so that everyone has time to get used to it.  We were told that they are having a third reading or a vote and implementation today/tonight.  Even if that happens, it might not be OUR timeframe.  Some are saying we don’t see it until next Monday.
DC:  The ISX is the Iraqi Stock Exchange, like the Nasdaq.  The prices for the stock market has to reflect the revalued currency, so they have become active participants in the Forex market – they have to reflect the live rate of the dinar.  They want a lot of people to be exchanged so that they can have confidence in the ISX.  They wanted it to be the 1st, and now they want it happen before the ISX reopens on the 11th.  They don’t need that budget reading to do the RV, they just need to notify the right people, and they started that last Monday.
Caller:  I don’t read everything Mtn Goat says – it’s too long – but I skipped through and that  person said even if they pass the budget today, there is still an issue with Anbar and that won’t be resolved until the 20th.  How can they hold this until then? Or does it have to happen by or before the 11th.
DC:  I don’t read those posts because we have our own sources.  Yes, Anbar is an issue because of ISIL and budgetary problems as a result.  That’s a constant issue.  Dr. Abadi has been there recently, and also had meetings with the government of Anbar to get security agreements lined up.  Much more important is the agreements with the Sunnis, and they have focused on those agreements this last week. There have been interviews with PM Abadi and Sunni leaders who have reaffirmed that they are on course – that they are part of Iraq and staying with Iraq.
Tony:  Also, that doesn’t have to go for this to happen. There could an RI and then an RV, and it could be separated by up to 15 days.  When you get information, you have to pick out which parts are right.  We don’t have all the information, and not all our information is 100% right either.  There may be an issue in Anbar, but it might get sorted out faster than we think, or they might do an RI anyway.  I’m not saying the information is wrong, just that things are changing all the time.
954 caller:  Have the contract rates been altered by the latest events?  Also, Mtn Goat said that the UST balking at using their connections to allow the RV to transpire… but I did hear DC say the UST is on board, so…?
Tony:  The fact of when it happens?  I think the rates and percentages are set.
DC:  After the amnesty deal was worked out, the UST said that they are supporting the RV again as well.  They signed off on that as well.
602 caller:  You say we are supposed to be able to leave the money in the bank;  will we be penalized for taking money out to buy a business or whatever?
Tony:  I don’t know what percentage – 10% before taxes, after taxes – we hear that it might be negotiable, with a higher rate if you leave more or longer… we don’t know.
DC:  I have other businesses to start and things to get on with, so I probably won’t leave much in the bank to let them run it.  That is an issue that has to be addressed. I gather that each bank can make up their own mind about that, so we’ll all have to consider what they offer and work out if it is beneficial to us.
Caller:  I talked to a Wealth Manager, and she was excited;  she also said we have to set aside this amount for this, and that and the other thing.  I do want a job after this!  Have you heard if the rates have changed?
DC:  Dinar seems to be $3.87 at London (interbank), but on the cards in Iraq they had $3.58, the international rate will be somewhere between those.  I’m betting on the cards. Dong is $1.02, rupiah is $1.05, and I’ve heard three different answers for zim and they are all phenomenal.
Caller:  If it goes this week, will it be an RI or an RV?  And at what rate?
DC:  I think it will be an RI at $3.58.
615 caller:  We’ve been expecting this for over a year now;  I’m concerned they will keep kicking the can until they exclude us from this.  Is that possible?
DC:  Anything is possible, but I think that’s unlikely because a ton of people have already exchanged, Iraq has spent ten years setting this up, and every US politician needs this really badly.  It’s going to happen, we just don’t know when. 
Tony:  Really?  Only a year?  That’s all you’ve been here for??
405 caller:  One reason they are postponing this is because they will be out of loopholes to get their money back – until they don’t have to pay taxes.  I only have 100K;  I’ll pay 50% in taxes and pay off my house, and then I’ll be free and clear.
DC: That loophole has already been fixed.  Most people who have already exchanged will have to pay taxes.  Only a few got off the taxes.
Tony:  Most people who only have 100K will get about $350K.  You can buy a luxury car and your taxes, and the money is gone.  You can pay off your house, and then keep your existing income to keep paying your lower bills.  OR you can take that 200K, find an investment vehicle, and use that income to pay down the bills and have extra money to live with.  That’s another way to look at this.  Unless you put the money to work first, you are throwing away your future. 
Caller:  I don’t have much dinar, but I have a lot of dong, and it’s all in hand, no reserves.  All I want is enough to build a house.  I want everything I owe to be paid off.
Tony:  A lot of people have only 100K, and that can change your life if applied correctly. If that plan works for you, that is great.  Your plan is your plan;  I don’t know what your end goal is.  If you’re happy, I’m happy for you.
754 caller:  [Appreciation]  Will the dong be in this round or not?  I have dong only.
DC: We believe it will all go at the same time, even if the GCR is later. The banks want to get all the money in before the next change, to stop the double-dipping.  We believe each bank is handling its own appointments and hope we can give out the 800 numbers.
985 caller:  What a pleasant surprise to get on the call.  DC, you said something that concerns me – you said there was a slight possibility we will be Xed out of the exchange.
DC:  I honestly don’t see an option where they could pay out a ton of people and then not let us exchange. That would lead to political chaos and a giant clusterf**k.  People may be acting in ways we don’t understand, but it’s next to impossible to pay them and block the rest of us.  I believe we will get paid quite soon, as soon as the Iraqis get paid. I don’t know how much is still available as to the contract rates, when/whether or at what rate.
936 caller:  You say you don’t have the packages yet.  Are we going to call each of the banks to create extra appointments?  Also, how early will you get the package?
DC:  That is part of what they are trying to work out.  Most people are going to comparison shop – I am! 
Tony:  Of course, if you call the different banks, that creates competition among themselves which is better for the consumer.  But the ones who said they didn’t want to deal with those below five million, they will get millions of calls from those they don’t want because nobody knows which bank will handle which customers.  They will have people not showing up for those appointments and they creates that problem for themselves!
As for the packages, if it were me I’d tell the gurus at least a day in advance.  I don’t see how we will get a call 15 minutes before or after the announcement, get the training and do the information calls, when they also want people in the banks within two hours.  We want to help so there isn’t all this confusion, so ideally they would bring us in beforehand so that as soon as they announce the numbers we can help people right away.  As soon as this happens we’ll know about it, we have so many contact internationally and in the banking system – we don’t have to wait for the official package on that.  It would make sense for us to get ready beforehand… not after it occurs.
Caller:  Have you heard anything else about taxes – flat, capital gains, 11% or 22%?
DC:  Those are proposals that have been floating around, but still not totally decided unless you have a contract that has already been negotiated with the US Treasury.  That’s why people have to be prepared to set aside the full ‘earned income’ taxes.  On some contract rates, that has been negotiated or at least discussed.  What we have heard the most is that long and short term capital gains taxes will be applied. 
Caller:  What about the rumor that banks will withhold taxes…?
DC: That is a bank-by-bank play.  The dealers and exchanges are not set up to do that and they won’t do that;  they don’t care. Some banks who want a long term relationship are making that part of the deal, that you’ll set aside some for taxes and they manage it.
Caller:  If they do hold that back for taxes and the bank goes south – will the IRS go after the bank or us?
DC:  It’s your responsibility.  The IRS doesn’t care if the bank goes bust.  If they force us to pay taxes like that, it’s going to be a mess anyway.  Hopefully we will get the package AND the announcement in the next day or so.
Bottom line:  it’s freezing in Texas. We believe the amnesty has been squared away.  Iraq is notifying the CBI and international banks and investment houses that this is happening;  we are able to track that throughout the process. The central banks, the Fed, Bank of England, UST have all been notified, and the banks are gearing up ready to do this.  It’s not absolutely done, but they’re making a valiant attempt to get this done.  We hope this is finally it!
Pam:  Neon light at the end of the tunnel – hopefully this is it!  Bring it on!  It’s wonderful wealth-seeking Wednesday!
Tony:  That’s all the information.  There is a timeline.  They completed the second reading and we’re waiting on the vote today or tomorrow. There is a timeframe they are looking, and the Iraqi people are excited about the implementation of the budget.  It’s an excellent time to do this. They are briefing people on their television today.  I’m sure we will get a lot of information after this call, and if something super-fantastic happens, we will tweet it out and put it on the forum.  Enjoy your day!