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Thursday, September 24, 2015

TNT :Iranian rial currency, 24 SEPT

    • blackpp13 said
      06:03 PM Sep 19, 2015
    Anybody know anything about the Iranian rial currency. Is it in this basket, What year and amount should we buy.
    Thanks
    • brklyngyrl said
      06:05 PM Sep 19, 2015
    100,000 or the 50,000 on ebay
    • Siesta said
      06:11 PM Sep 19, 2015
    2010 - any denomination - purchase what you can afford
    • Vintage Sheila said
      06:28 PM Sep 19, 2015
    Black, it is not scheduled to be in the first basket but might be in the second. It will return to its pre-sanction value and that value will be reinstated. I also believe that it will pass the reinstated value once the sanctions are lifted completely because of businesses wanting to cash in on Iran's new status. JMO.
    • blackpp13 said
      07:02 PM Sep 19, 2015
    JMO
    So this currency would be worth buying and holding on to.
    • brklyngyrl said
      07:23 PM Sep 19, 2015
    Yes, it would

TNT CHAT UPDATE, 24 SEPT

TNT:

Iko Ward:
  last night looked really good. Tonight is also a good time…. I know, any time is a good time, but some are better than others

DanBlessed:
  Hi Iko! When you said looked really good, what signs are you looking at?

Iko Ward
:  dan, a combination of intel and the markets. Most important, when Forex gets down under 1108 it means they think it might be going.

Danblessed:
  Iko on the forex charts looks like a reoccurring pattern of brief fall to below 1110 on a daily basis. Is this what you are looking at?

Iko Ward:  Dansblessed...yes, that has been the pattern for a few weeks now….. dans, anywhere from a couple hours to nearly a full market day
....
Timth21man:  IKO....so if read you right you're saying a major indicator we can be looking for is when the FOREX shows below 1108? Would that be a huge sign?

Iko Ward:
  Tim, that is a good sign, and it was there last night. A huge sign would be below 1105, and a gigantic lets-go-dancing-in-the-streets-sign would be below 1100. 1085 or better is the goal.

Timth21man:  But one things for certain right now.....Its RED all across the board in the Market now

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Golferiam:  I'm sorry, but I just don't see there is any sign external to the actual RV that will give us a "sign" that it is about to happen. For all we know, the decision can be based on when Adabi's mother changes her underwear. No numbers, no moons, no market direction, nothing. I think it is strictly a social-political decision made by a man/men based on what he/they see/feel.

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xkmorris :   HMMM interesting phone call a little while ago from the New Bank Manager at Regions bank where I have my account wanted to let me know he was there for me if I needed any help with my account now or in the future. I think he may know I ordered dong from them in the past!!!

UKmtb:
  Germany first to collapse? http://theeconomiccollapseblog.com/archives/there-are-indications-that​-a-major-financial-event-in-germany-could-be-imminent

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Greatly Blessed:  Read The Pope's Address To Congress

Pope Francis addressed Congress Thursday as part of his first visit to the United States, urging action on the refugee crisis in Europe, climate change and income inequality.

Read the full text below, as prepared for delivery: 

Mr. Vice-President,
Mr. Speaker,
Honorable Members of Congress, Dear Friends,

I am most grateful for your invitation to address this Joint Session of Congress in “the land of the free and the home of the brave”. I would like to think that the reason for this is that I too am a son of this great continent, from which we have all received so much and toward which we share a common responsibility.

Each son or daughter of a given country has a mission, a personal and social responsibility. Your own responsibility as members of Congress is to enable this country, by your legislative activity, to grow as a nation. You are the face of its people, their representatives. You are called to defend and preserve the dignity of your fellow citizens in the tireless and demanding pursuit of the common good, for this is the chief aim of all politics.

A political society endures when it seeks, as a vocation, to satisfy common needs by stimulating the growth of all its members, especially those in situations of greater vulnerability or risk. Legislative activity is always based on care for the people. To this you have been invited, called and convened by those who elected you.

Yours is a work which makes me reflect in two ways on the figure of Moses. On the one hand, the patriarch and lawgiver of the people of Israel symbolizes the need of peoples to keep alive their sense of unity by means of just legislation.

On the other, the figure of Moses leads us directly to God and thus to the transcendent dignity of the human being. Moses provides us with a good synthesis of your work: you are asked to protect, by means of the law, the image and likeness fashioned by God on every human face.

Today I would like not only to address you, but through you the entire people of the United States. Here, together with their representatives, I would like to take this opportunity to dialogue with the many thousands of men and women who strive each day to do an honest day’s work, to bring home their daily bread, to save money and –one step at a time – to build a better life for their families.

These are men and women who are not concerned simply with paying their taxes, but in their own quiet way sustain the life of society. They generate solidarity by their actions, and they create organizations which offer a helping hand to those most in need.

I would also like to enter into dialogue with the many elderly persons who are a storehouse of wisdom forged by experience, and who seek in many ways, especially through volunteer work, to share their stories and their insights. I know that many of them are retired, but still active; they keep working to build up this land.

I also want to dialogue with all those young people who are working to realize their great and noble aspirations, who are not led astray by facile proposals, and who face difficult situations, often as a result of immaturity on the part of many adults. I wish to dialogue with all of you, and I would like to do so through the historical memory of your people.

My visit takes place at a time when men and women of good will are marking the anniversaries of several great Americans. The complexities of history and the reality of human weakness notwithstanding, these men and women, for all their many differences and limitations, were able by hard work and self- sacrifice – some at the cost of their lives – to build a better future. They shaped fundamental values which will endure forever in the spirit of the American people.

A people with this spirit can live through many crises, tensions and conflicts, while always finding the resources to move forward, and to do so with dignity. These men and women offer us a way of seeing and interpreting reality. In honoring their memory, we are inspired, even amid conflicts, and in the here and now of each day, to draw upon our deepest cultural reserves.

I would like to mention four of these Americans: Abraham Lincoln, Martin Luther King, Dorothy Day and Thomas Merton.

This year marks the one hundred and fiftieth anniversary of the assassination of President Abraham Lincoln, the guardian of liberty, who labored tirelessly that “this nation, under God, [might] have a new birth of freedom”. Building a future of freedom requires love of the common good and cooperation in a spirit of subsidiarity and solidarity.

All of us are quite aware of, and deeply worried by, the disturbing social and political situation of the world today. Our world is increasingly a place of violent conflict, hatred and brutal atrocities, committed even in the name of God and of religion. We know that no religion is immune from forms of individual delusion or ideological extremism. This means that we must be especially attentive to every type of fundamentalism, whether religious or of any other kind.

A delicate balance is required to combat violence perpetrated in the name of a religion, an ideology or an economic system, while also safeguarding religious freedom, intellectual freedom and individual freedoms. But there is another temptation which we must especially guard against: the simplistic reductionism which sees only good or evil; or, if you will, the righteous and sinners. The contemporary world, with its open wounds which affect so many of our brothers and sisters, demands that we confront every form of polarization which would divide it into these two camps.

We know that in the attempt to be freed of the enemy without, we can be tempted to feed the enemy within. To imitate the hatred and violence of tyrants and murderers is the best way to take their place. That is something which you, as a people, reject.

Our response must instead be one of hope and healing, of peace and justice. We are asked to summon the courage and the intelligence to resolve today’s many geopolitical and economic crises. Even in the developed world, the effects of unjust structures and actions are all too apparent. Our efforts must aim at restoring hope, righting wrongs, maintaining commitments, and thus promoting the well-being of individuals and of peoples. We must move forward together, as one, in a renewed spirit of fraternity and solidarity, cooperating generously for the common good.

The challenges facing us today call for a renewal of that spirit of cooperation, which has accomplished so much good throughout the history of the United States. The complexity, the gravity and the urgency of these challenges demand that we pool our resources and talents, and resolve to support one another, with respect for our differences and our convictions of conscience.

In this land, the various religious denominations have greatly contributed to building and strengthening society. It is important that today, as in the past, the voice of faith continue to be heard, for it is a voice of fraternity and love, which tries to bring out the best in each person and in each society. Such cooperation is a powerful resource in the battle to eliminate new global forms of slavery, born of grave injustices which can be overcome only through new policies and new forms of social consensus.

Here I think of the political history of the United States, where democracy is deeply rooted in the mind of the American people. All political activity must serve and promote the good of the human person and be based on respect for his or her dignity. “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness” (Declaration of Independence, 4 July 1776).

If politics must truly be at the service of the human person, it follows that it cannot be a slave to the economy and finance. Politics is, instead, an expression of our compelling need to live as one, in order to build as one the greatest common good: that of a community which sacrifices particular interests in order to share, in justice and peace, its goods, its interests, its social life. I do not underestimate the difficulty that this involves, but I encourage you in this effort.

Here too I think of the march which Martin Luther King led from Selma to Montgomery fifty years ago as part of the campaign to fulfill his “dream” of full civil and political rights for African Americans. That dream continues to inspire us all. I am happy that America continues to be, for many, a land of “dreams”. Dreams which lead to action, to participation, to commitment. Dreams which awaken what is deepest and truest in the life of a people.

In recent centuries, millions of people came to this land to pursue their dream of building a future in freedom. We, the people of this continent, are not fearful of foreigners, because most of us were once foreigners. I say this to you as the son of immigrants, knowing that so many of you are also descended from immigrants. Tragically, the rights of those who were here long before us were not always respected. For those peoples and their nations, from the heart of American democracy,

I wish to reaffirm my highest esteem and appreciation. Those first contacts were often turbulent and violent, but it is difficult to judge the past by the criteria of the present. Nonetheless, when the stranger in our midst appeals to us, we must not repeat the sins and the errors of the past. We must resolve now to live as nobly and as justly as possible, as we educate new generations not to turn their back on our “neighbors” and everything around us.

Building a nation calls us to recognize that we must constantly relate to others, rejecting a mindset of hostility in order to adopt one of reciprocal subsidiarity, in a constant effort to do our best. I am confident that we can do this.

Our world is facing a refugee crisis of a magnitude not seen since the Second World War. This presents us with great challenges and many hard decisions. On this continent, too, thousands of persons are led to travel north in search of a better life for themselves and for their loved ones, in search of greater opportunities. Is this not what we want for our own children? We must not be taken aback by their numbers, but rather view them as persons, seeing their faces and listening to their stories, trying to respond as best we can to their situation. To respond in a way which is always humane, just and fraternal. We need to avoid a common temptation nowadays: to discard whatever proves troublesome. Let us remember the Golden Rule: “Do unto others as you would have them do unto you” (Mt 7:12).

This Rule points us in a clear direction. Let us treat others with the same passion and compassion with which we want to be treated. Let us seek for others the same possibilities which we seek for ourselves. Let us help others to grow, as we would like to be helped ourselves. In a word, if we want security, let us give security; if we want life, let us give life; if we want opportunities, let us provide opportunities. The yardstick we use for others will be the yardstick which time will use for us. The Golden Rule also reminds us of our responsibility to protect and defend human life at every stage of its development.

This conviction has led me, from the beginning of my ministry, to advocate at different levels for the global abolition of the death penalty. I am convinced that this way is the best, since every life is sacred, every human person is endowed with an inalienable dignity, and society can only benefit from the rehabilitation of those convicted of crimes. Recently my brother bishops here in the United States renewed their call for the abolition of the death penalty. Not only do I support them, but I also offer encouragement to all those who are convinced that a just and necessary punishment must never exclude the dimension of hope and the goal of rehabilitation.

In these times when social concerns are so important, I cannot fail to mention the Servant of God Dorothy Day, who founded the Catholic Worker Movement. Her social activism, her passion for justice and for the cause of the oppressed, were inspired by the Gospel, her faith, and the example of the saints.

How much progress has been made in this area in so many parts of the world! How much has been done in these first years of the third millennium to raise people out of extreme poverty! I know that you share my conviction that much more still needs to be done, and that in times of crisis and economic hardship a spirit of global solidarity must not be lost. At the same time I would encourage you to keep in mind all those people around us who are trapped in a cycle of poverty. They too need to be given hope. The fight against poverty and hunger must be fought constantly and on many fronts, especially in its causes. I know that many Americans today, as in the past, are working to deal with this problem.

It goes without saying that part of this great effort is the creation and distribution of wealth. The right use of natural resources, the proper application of technology and the harnessing of the spirit of enterprise are essential elements of an economy which seeks to be modern, inclusive and sustainable. “Business is a noble vocation, directed to producing wealth and improving the world.

It can be a fruitful source of prosperity for the area in which it operates, especially if it sees the creation of jobs as an essential part of its service to the common good” (Laudato Si’, 129). This common good also includes the earth, a central theme of the encyclical which I recently wrote in order to “enter into dialogue with all people about our common home” (ibid., 3). “We need a conversation which includes everyone, since the environmental challenge we are undergoing, and its human roots, concern and affect us all” (ibid., 14).

In Laudato Si’, I call for a courageous and responsible effort to “redirect our steps” (ibid., 61), and to avert the most serious effects of the environmental deterioration caused by human activity. I am convinced that we can make a difference and I have no doubt that the United States – and this Congress – have an important role to play. Now is the time for courageous actions and strategies, aimed at implementing a “culture of care” (ibid., 231) and “an integrated approach to combating poverty, restoring dignity to the excluded, and at the same time protecting nature” (ibid., 139). “We have the freedom needed to limit and direct technology” (ibid., 112); “to devise intelligent ways of... developing and limiting our power” (ibid., 78); and to put technology “at the service of another type of progress, one which is healthier, more human, more social, more integral” (ibid., 112). In this regard, I am confident that America’s outstanding academic and research institutions can make a vital contribution in the years ahead.

A century ago, at the beginning of the Great War, which Pope Benedict XV termed a “pointless slaughter”, another notable American was born: the Cistercian monk Thomas Merton. He remains a source of spiritual inspiration and a guide for many people. In his autobiography he wrote: “I came into the world. Free by nature, in the image of God, I was nevertheless the prisoner of my own violence and my own selfishness, in the image of the world into which I was born. That world was the picture of Hell, full of men like myself, loving God, and yet hating him; born to love him, living instead in fear of hopeless self-contradictory hungers”. Merton was above all a man of prayer, a thinker who challenged the certitudes of his time and opened new horizons for souls and for the Church. He was also a man of dialogue, a promoter of peace between peoples and religions.

From this perspective of dialogue, I would like to recognize the efforts made in recent months to help overcome historic differences linked to painful episodes of the past. It is my duty to build bridges and to help all men and women, in any way possible, to do the same. When countries which have been at odds resume the path of dialogue – a dialogue which may have been interrupted for the most legitimate of reasons – new opportunities open up for all. This has required, and requires, courage and daring, which is not the same as irresponsibility. A good political leader is one who, with the interests of all in mind, seizes the moment in a spirit of openness and pragmatism. A good political leader always opts to initiate processes rather than possessing spaces (cf. Evangelii Gaudium, 222-223).

Being at the service of dialogue and peace also means being truly determined to minimize and, in the long term, to end the many armed conflicts throughout our world. Here we have to ask ourselves: Why are deadly weapons being sold to those who plan to inflict untold suffering on individuals and society? Sadly, the answer, as we all know, is simply for money: money that is drenched in blood, often innocent blood. In the face of this shameful and culpable silence, it is our duty to confront the problem and to stop the arms trade.

Three sons and a daughter of this land, four individuals and four dreams: Lincoln, liberty; Martin Luther King, liberty in plurality and non-exclusion; Dorothy Day, social justice and the rights of persons; and Thomas Merton, the capacity for dialogue and openness to God.

Four representatives of the American people.

I will end my visit to your country in Philadelphia, where I will take part in the World Meeting of Families. It is my wish that throughout my visit the family should be a recurrent theme. How essential the family has been to the building of this country! And how worthy it remains of our support and encouragement! Yet I cannot hide my concern for the family, which is threatened, perhaps as never before, from within and without. Fundamental relationships are being called into question, as is the very basis of marriage and the family. I can only reiterate the importance and, above all, the richness and the beauty of family life.

In particular, I would like to call attention to those family members who are the most vulnerable, the young. For many of them, a future filled with countless possibilities beckons, yet so many others seem disoriented and aimless, trapped in a hopeless maze of violence, abuse and despair. Their problems are our problems. We cannot avoid them. We need to face them together, to talk about them and to seek effective solutions rather than getting bogged down in discussions. At the risk of oversimplifying, we might say that we live in a culture which pressures young people not to start a family, because they lack possibilities for the future. Yet this same culture presents others with so many options that they too are dissuaded from starting a family.

A nation can be considered great when it defends liberty as Lincoln did, when it fosters a culture which enables people to “dream” of full rights for all their brothers and sisters, as Martin Luther King sought to do; when it strives for justice and the cause of the oppressed, as Dorothy Day did by her tireless work, the fruit of a faith which becomes dialogue and sows peace in the contemplative style of Thomas Merton.

In these remarks I have sought to present some of the richness of your cultural heritage, of the spirit of the American people. It is my desire that this spirit continue to develop and grow, so that as many young people as possible can inherit and dwell in a land which has inspired so many people to dream.

God bless America!

http://www.huffingtonpost.com/entry/pope-congress-speech-full-text_5603eb9ae4b08820d91bb060?wyx2yb9

MILLIONDAY UPDATE, 24 SEPT

Article quote:  “The Iraqi Parliament on Tuesday, August 11th debated and approved its own reform package to complete Prime Minister Haider al-Abadi’s decision. This reform package calls for setting aside officials that demonstrators have demanded be held accountable to have them ripped of their impunity; approving the oil and gas law; the law on parties and federal courts; covenant laws; federal parliament law; amnesty law and laws on national reconciliation, and the national guard law.”
I AM IN SHOCK OVER THIS… I…HAVE NO WAY TO VERIFY — IT COULD BE TRUE — HOPE IT IS.  THESE ARE VERY IMPORTANT LAWS THAT ARE EXPECTED TO BE IN PLACE FOR THE NATIONAL RECONCILIATION CONFERENCE THAT THEY ARE AND THE UN IS PROMOTING.
THEY ARE STATING THAT AFTER EID THEY WILL GO THROUGH — PARLIAMENT WILL HOST ABADI
 — AND THE LAWS PREPARED WILL BE ACTIVE ALONG WITH THE SALE OF BONDS DOMESTICALLY AND ALSO THE REFORMS ACTIVE BUT — WE WILL HAVE TO WAIT FOR ACTION BEFORE WE KNOW. …THE LAWS THEY WERE STATING WOULD HAVE TO BE VOTED THROUGH.
I HAVE TO SAY –I AM SHOCKED OVER THE LIST. 
  [would that include the change in a rate too?] 
A MARKET ECONOMY IS THE GOAL OF THE GOVERNMENT PROGRAMS AND THE CONSTITUTION — SO WE WILL WAIT TO SEE WHEN THE INTERNATIONAL PRICE OF CURRENCY IS RELEASED FOR THE MARKET.

MY LADIES CHAT UPDATE : "SDR & PEGS", 24 SEPT

PrincessDD:  Are you seeing what happened yet?   CHINA DEPEGGED FROM THE USD IN AUGUST!!

BRO:
  WELL ML AND NOVA WERE CORRECT, HUH?

PrincessDD:
  WELL IT SEEMS THAT IT DEPEGGED AND IS FREE FLOATING NOW AND CAN DO WHAT THEY WANTED IT TO DO NOW…..

CHINA DEPEGGED AT THE SAME TIME ALL THE "STAN" COUNTRIES DID LAST MONTH…..THEY HAD TO DEPEG FROM THE USD BEFORE THEY COULD PEG TO THE SDR BASKET.

MY LADIES:
  GREAT WORK PRINCESS...CHANGE IS HAPPENING RIGHT IN FRONT OF US... AND ALL THIS JUST CONFIRMS THE SDR ROLE IN EVERYTHING.
....
PrincessDD:  What do you think about the articles stating that depegged from the dollar?

MY LADIES:
  I THINK THIS WILL HAPPEN FOR SURE...EVEN THE DOLLAR IS DEPEGGING FROM ITSELF AND ALL CURRENCIES WILL BE PEGGING TO THE SDR...REMEMBER

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PrincessDD:  China Must Free-Float Yuan In Order to Cut Rates: Woo http://www.bloomberg.com/news/videos/2015-08-27/china-must-free-float-yuan-in-order-to-cut-rates-woo

Princess DD: Time to rethink damaging HK dollar peg   https://www.tradingfloor.com/posts/time-to-rethink-damaging-hk-dollar-peg-6247663

Princess DD: Hong Kong should devalue the currency peg
http://www.scmp.com/business/article/1859909/hk-should-devalue-currency-peg

Princess DD: Gulf countries will stick to currency dollar-pegs, Fitch says

Gulf currencies pegged to the US dollar have come under pressure but Fitch said that the decision to remove the pegs will most likely be political   http://gulfbusiness.com/2015/09/gulf-countries-will-stick-currency-dollar-pegs-fitch-says/#.VgPMCbPL9z0

Princess DD: Currency Troubles Pile on the Misery for Iraq http://www.businessweekme.com/Bloomberg/newsmid/190/newsid/1151/Currency-Troubles-Pile-on-the-Misery-for-Iraq
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Princess DD: Can The Saudi Economy Resist 'Much Lower For Much Longer'?

snippet (not on the actual page for some reason)

...ultimately could force the Saudis to break the peg (unleashing such unpleasant ... Iraq, one of the three major contributors to 2015's surplus production ... to believe (or maybe hope) Saudi currency reserves are sufficient to ...  http://seekingalpha.com/article/3526046-can-the-saudi-economy-resist-much-lower-for-much-longer

Princess DD: A different pivot to the East

Andrew Sheng  Asia News Network   Hong Kong September 23, 2015 1:00 am

President Xi Jinping's visit to the United States this week marks an important stage in Sino-US relations, the most critical of current geostrategic relationships. It comes at a crucial time for the global economy, as the US Federal Reserve debates whether to raise interest rates, and the world's financial markets (and exchange rates) reel from worries stirred up by China's decision to loosen the yuan rate.
http://www.nationmultimedia.com/opinion/A-different-pivot-to-the-East-30269326.html

Princess DD: Why China Crashed Last Month….A change in the value of “pegged” currencies. http://www.dailyreckoning.co.uk/economy/why-china-crashed-last-month/

Princess DD: All about the eurodollars, redux (eurodollar liquidity shortage) http://ftalphaville.ft.com/2015/09/24/2140580/all-about-the-eurodollars-redux/

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Princess DD: Don't overvalue China…It’s entirely appropriate for China to de-peg from the dollar and in fact, the more-free yuan is what will help rebalance the Chinese economy.

We can’t drop the Fed as our main concern—especially with speeches this week from numerous Feds, including Yellen, but we also have other items to occupy our minds. We have the Pope and Premier Xi visiting the US, and three guesses who gets the bigger crowds. We also get some good data, including existing home sales, the FHFA housing price index, durables, the usual jobless claims on Thursday, and on Friday, another revision to Q2 GDP. Let’s not forget Yom Kippur (Wednesday). Thursday is going to be a strange day, with the Pope addressing Congress in the morning and Yellen speaking at 5 pm, with the delicious topic “Inflation Dynamics & Monetary Policy.”

https://www.fxstreet.com/analysis/strategic-currency-briefing/2015/09/21/

Princess DD: Time not yet right for UAE to depeg from the dollar

Because of the peg that most local currencies have to the dollar, the repercussions will probably be limited to the oil market. Because crude is priced in dollars, a rise in the value of US dollars that would follow a rate rise would make oil assets comparatively cheaper, in a world already awash with them. http://www.thenational.ae/business/markets/time-not-yet-right-for-uae-to-depeg-from-the-dollar

PrincessDD:  A low-growth, lower-return world: get used to it

He also noted concerns around the very negative market sentiment, highlighted by the market's reaction to China's move to de-peg its currency from the US dollar, taken as a step towards more competitive exports than part of its commitment to move towards a freer marketplace.
PrincessDD:  China: Credibility on the line

The PBoC has since spent roughly $200bn in the onshore and offshore currency markets to keep the renminbi from devaluing further, begging the question of why it decided to de-peg its currency to begin with.

“Before they announced this reform they had a credible peg to the US dollar and they hardly needed to intervene in the [foreign exchange] markets, but now they are having to spend huge amounts just to achieve the same effect,” says a person with ties to the PBoC. “It’s like they decided to cross the river because it looked nice and calm but then they slipped and got dragged downstream, and now they are having to use all their strength to get back to the shallow water they were in before."

The central bank also said this devaluation, the first by China since 1994, would be accompanied by a new “market-oriented” mechanism for setting the daily benchmark from which the currency can rise or fall by up to 2 per cent on a given day. This effective de-pegging of the renminbi from the dollar led to two more days of devaluation before the central bank decided to halt the slide by buying the Chinese currency and selling US dollars.

The mishandling of a bursting stock bubble — and especially the decision on August 11 to break a two-decade taboo and devalue the renminbi — have badly shaken global faith in the Chinese model of market authoritarianism.    http://www.ft.com/intl/cms/s/0/24de9e86-4d76-11e5-9b5d-89a026fda5c9.html#axzz3meSWLpK4

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PrincessDD:  China, Russia and the Still-Almighty Dollar

The yuan isn't the only major currency the Chinese government has been toying with in recent months. http://www.usnews.com/news/articles/2015/09/24/are-china-and-russia-trying-to-undermine-the-us-dollar

PrincessDD:  Closer Look: How AIIB, BRICS Bank Are Facing Up to Early Challenges

The two new development banks are nearing their launch dates and their first hurdles, but already appear to have strategies in place for clearing them 
http://english.caixin.com/2015-09-24/100856202.html

PrincessDD:   China's central bank is drafting new rules for yuan-denominated bonds sold by foreigners on the mainland, and plans to let more companies ...http://www.scmp.com/business/markets/article/1861156/china-ease-rules-issue-yuan-denominated-bonds-sources-say

DINAR GURUS UPDATE, 24 SEPT

9-24-2015   Newshound Guru Aggiedad77  Article:  "The beginning of next month .. the opening of the first Islamic bank in the Iraq government"  Here's your sign...things from a security standpoint must be looking better...improving otherwise international banks would not want to expose their assets or their employees to areas that may not be secure...even with one branch soon to open in Fallujah, Anbar province...how about that.

9-24-2015  Newshound Guru sczin11
   MY THOUGHTS ARE...THE ELIMINATION OF THE VP POSITIONS, AS PART OF THE REFORMS, HAS OTHER SIGNIFICANCE, NOT NECESSARILY THE REMOVAL OF CORRUPT...REDUCING GOVERNMENT SPENDING, JUST LIKE THE COMBINING OF MINISTRIES, AND REDUCTION OF SALARIES OF MPs, ETC...THE GOODS ON MALIKI AND OTHERS, HAS BEEN BUILDING BY THE DAY...THE CONNECTIONS OF HIS CORRUPT ACTIVITIES, AND CONNECTIONS TO ALMOST ALL MINISTRIES, IS COMING TO LIGHT MORE AND MORE EACH DAY...THE GOVT WILL NOT NEED THE ELIMINATION OF THE POSITION OF VP, TO TAKE HIM AND OTHERS DOWN...PM ABADI IS NOT GOING TO ALLOW IGNORANCE OF THE LAW, HIS COUNTRIES LAW, TO STOP HIS PEOPLE FROM PROSPERITY...THAT YOU CAN BANK ON...MONDAY IS ALMOST HERE...WITH ALL THAT HAS BEEN RELEASED RECENTLY, ABOUT AFTER THE HOLIDAY...WE ARE BOUND TO SEE SOMETHING!

9-24-2015   Intel/Newshound Guru Backdoc
   ...IRAQI PARLIAMENT RETURNS ON THE 28TH POST HOLIDAY READY TO POLISH OFF THE REST OF THEIR DETAILS!

9-24-2015   Newshound/Intel Guru BGG  
[i have a thought, we have an anti money laundering bill because of the threat from IMF. ...the federal court law, national guard law and amnesty laws...anyone know where we stand with these important laws?]   I doubt those three laws get done until "post-Malik" - they arrest him, they sail right through. You watch.  Investment Law may go right after the 29th (according to the news).

9-24-2015   Intel Guru SteveI
   Hang in there a bit longer as this should be over in the near future.

9-24-2015   Newshound Guru Millionday
  THEY ARE STATING THAT AFTER EID THEY WILL GO THROUGH -- PARLIAMENT WILL HOST ABADI -- AND THE LAWS PREPARED WILL BE ACTIVE ALONG WITH THE SALE OF BONDS DOMESTICALLY AND ALSO THE REFORMS ACTIVE BUT -- WE WILL HAVE TO WAIT FOR ACTION BEFORE WE KNOW. ...THE LAWS THEY WERE STATING WOULD HAVE TO BE VOTED THROUGH.  I HAVE TO SAY --I AM SHOCKED OVER THE LIST.   [would that include the change in a rate too?] A MARKET ECONOMY IS THE GOAL OF THE GOVERNMENT PROGRAMS AND THE CONSTITUTION --- SO WE WILL WAIT TO SEE WHEN THE INTERNATIONAL PRICE OF CURRENCY IS RELEASED FOR THE MARKET [post 2 of 2]

9-24-2015   Newshound Guru Millionday
   Article quote:  "The Iraqi Parliament on Tuesday, August 11th debated and approved its own reform package to complete Prime Minister Haider al-Abadi’s decision. This reform package calls for setting aside officials that demonstrators have demanded be held accountable to have them ripped of their impunity; approving the oil and gas law; the law on parties and federal courts; covenant laws; federal parliament law; amnesty law and laws on national reconciliation, and the national guard law."  I AM IN SHOCK OVER THIS... I...HAVE NO WAY TO VERIFY -- IT COULD BE TRUE -- HOPE IT IS.  THESE ARE VERY IMPORTANT LAWS THAT ARE EXPECTED TO BE IN PLACE FOR THE NATIONAL RECONCILIATION CONFERENCE THAT THEY ARE AND THE UN IS PROMOTING

TERRYK CHAT UPDATE, 24 SEPT

Terry K Chat 11:51am EDT 9/24/15

[terryk] Well it's 10 am mountain time right
[terryk] sorry late
[terryk] yep they are on their way out to work on Internet again
[wushock92] Wow! You sure have had a lot of trouble with the interweb


[terryk] U think?
[terryk] lol
[terryk] why I stopped calls for now
[terryk] phone internet


[wushock92] A technological nightmare at best


[terryk] since June 3 been without for total 26 days
[terryk] not counting drops


[kenbbq1] Howdy TerryK


 [terryk] So what do u all think about this 4 th blood moon


[kenbbq1] do not believe in that stuff.....


[kenbbq1] we have gone through all the numbers games and all the lunar stuff and we still wait...when Obama say go we will get it....


[terryk] Well I heard rumor he don't want this to happen while he in office
[terryk] but I think this is a lot bigger than o
[terryk] but that's me



[kenbbq1] I sure hope it is....
[Colorado] Logically - if it is going to cause the dollar to take a dive, no Politian wants this to happen on their watch


[wushock92] 
Dollar falls against the euro - Twilight News / US dollar fell against the euro on Wednesday after European Central Bank President Mario Draghi said the bank needs more time to assess whether the program will expand stimulus. He informed Draghi of the Committee on Economic and Monetary Affairs of the European Parliament that slowing growth in emerging markets and the high value of the euro and falling commodities all prices of factors already frustrated expectations to enhance its asset purchase program, but that there is a need for more evidence to determine whether these factors have a lasting impact. Draghi's comments pushed the euro higher against the dollar after it was European currency had fallen to its lowest level in two weeks and a half. The euro was also the highest level in a week against the pound to hit 73.47 pence after Draghi comments. The dollar continued to climb against emerging-market currencies, its highest level ever in front of the Brazilian currency at 4.12 riyals. The euro ended the US trading, up 0.58 percent against the greenback at $ 1.1185 and rose 0.07 percent against the Japanese currency to 120.21 yen. The Swiss currency against the dollar rose 0.39 percent to 0.9791 francs. The decline in the dollar index, who measures the greenback's value against a basket of six currencies Riasah- 0.05 percent to end the trading in the US market at 96.231 after he jumped earlier to 96.548, the highest level in two weeks and a half. http://www.ara.shafaaq.com/30329


[terryk] I think it will crush it


[kenbbq1] gotta run ya'll take care
[wushock92] Bye kenbbq1


[terryk] Later bro
[terryk] thanks
[terryk] So I see Abadi is busy
[terryk] Allawi supporting
[terryk] national guard law still not passed
[terryk] nothing on Iran currency
[terryk] so typical Thursday
[terryk] but heard Isis maybe pulling out of Iraq
[terryk] due to some very nice strikes


[wushock92] i saw that yesterday


[terryk] see you’re all ahead of me
[terryk] lol
[wushock92] Not hardly!
[terryk] Well going to get off of here thanks all for keeping each other informed
[terryk] God Bless

SCZIN11 UPDATE, 24 SEPT

I WOULD LIKE TO SHARE MY THOUGHTS REGARDING THIS PARTICULAR PART OF THE ABADI REFORMS...IT HAS BOTHERED ME,

THAT IS THE FOCUS OF THE INTENT....SINCE ANNOUNCED...

MUCH OF THE REFORMS, AS HAS BEEN SHOWN TO THE PUBLIC, STEMS AROUND CORRUPTION...SO IT IS A NATURAL RESPONSE, FOR ALL TO LOOK IN THAT DIRECTION, WHENEVER NEW RELEASES APPEAR...

IF YOU HAVE FOLLOWED MY OPINIONS AND COMMENTS, YOU KNOW I TEND TO GIVE PM ABADI, MUCH CREDIT WHEN IT COMES TO HIS PLANS...
~~~
I HAVE FAITH IN HIS LEGAL ADVISORS, AND COMMENT OFTEN HE HAD TO KNOW CERTAIN TURN OF EVENTS WOULD END THE WAY THEY DID,

YET THE PROCESS REQUIRED THOSE STEPS TO OCCUR...

FOR EXAMPLE, THE SJC REJECTION OF MAHMOUDS RETIREMENT /RESIGNATION...

OR THE DECLINATION TO ACCEPT THE REMOVAL OF THE ELECTRICITY MINISTER BY PARLIAMENT...AND NOW...   THE REMOVAL OF THE 3 VICE PRESIDENTS...

DO WE REALLY BELIEVE THAT PM ABADI, AND HIS LEGAL TEAM, ARE NOT ASTUTE IN THE LAW OF THEIR COUNTRY??

ONCE AGAIN, THE CONSENSUS OF THE REMOVAL OF THESE POSITIONS, APPEARS TO RAISE ENCOURAGEMENT TOWARDS THE DEALING WITH CORRUPTION...

WE HAVE ALL BEEN LED TO BELIEVE, THIS A MAJOR ISSUE " DELAYING "  THE SIGNIFICANT INCREASE IN THE EXCHANGE RATE OF THE IRAQI DINAR VS. THE US DOLLAR...

WE ARE THEN REMINDED, OF WHAT MAY BE NECESSARY TO REMOVE THESE POSITIONS, CHANGE IN LAWS, REVAMPING THE CONSTITUTION,

REDOING PARLIAMENT, THE PROCESS THAT MAY BE INVOLVED TO ACCOMPLISH ALL THIS...WITH LINKS TO THE INK THAT THE NATION OF IRAQ IS GOVERNED BY...

HERE IS AN EXCERPT FROM CHAT THIS MORNING, FROM ONE OF DINAR LANDS MOST ESTEEM RESEARCHERS, WITH BETTER UNDERSTANDING OF LEGAL MUMBO JUMBO,  THAN I WILL EVER HAVE...


HIS TIRELESS EFFORTS TO KEEP ALL OF US IN THE UNDERSTANDING OF THE PROCESS RELATING TO EACH EVENT, STATEMENT OF POLICY, AND INTERPRETATIONS, IS SO APPRECIATED BY MOST...

 THANK YOU CHATTELS!

THIS MORNING IN CHAT, HE REMINDED US OF SOMETHING HE POSTED A COUPLE OF DAYS AGO, RE AN ARTICLE ON THE APPEAL OF THE DISMISSAL OF THE VPs, BY SEVERAL OF THOSE DISMISSED.. 

HE BROKE DOWN THE ARTICLE, AND THE COMMENTS MADE, BACKING THEM UP WITH QUOTES AND ARTICLES, FROM THEIR CONSTITUTION...

10:01:22 AM] chattels: " ...... some Vice-Presidents of the Republic of appeal against the decision to cancel their positions issued by the Prime Minister in August. "

chattels: Both Maliki and Allawi have appealed according to other news reports 
chattels: So, law(s) need to be drafted and proposed to the Parliament and it is my belief that amendment of the constitution may be necessary - no easy process. 

chattels: chattels: The President of the Republic and the Council of the Ministers collectively, or one-fifth of the Council of Representatives members, may propose to amend the Constitution.

chattels: " ............ the approval of two-thirds of the members of the Council of Representatives, the approval of the people in a general referendum, and the ratification by the President of the Republic within seven days."

chattels: chattels: There are 328 members of the Council of Representatives

chattels: So, 218 members must approve the proposed amendment.

 chattels: It is not 2/3 of those members present, but 2/3's of the total membership, IMO chattels: www.iraqinationality.gov....

 chattels:  The alternative method is by referendum which is a lengthy process under the best of circumstance and with almost 1/3 of Iraq occupied by DAESH i doubt that a referendum is possible

chattels: See Article 126
chattels: I confess that I am an amateur golfer, but I do have a degree as a doctorate of laws in this country. [Image: smile.png]    chattels: But this is Iraq.  chattels: Caveat to any and all observations."

DO WE REALLY WANT TO BELIEVE PRIME MINISTER ABADI, ALONG WITH HIS TEAM OF ADVISORS, DIDNT REALIZE, OR DONT KNOW AND UNDERSTAND THEIR OWN LAW?

IS IT POSSIBLE THAT THE PROCESS AND PLANS OF THE ABADI REFORMS, FOR THE BENEFIT OF "ALL" THE GREAT CITIZENS OF IRAQ, ARE TRULY GOING TO TAKE YEARS TO ACCOMPLISH?

IS IT GOING TO TAKE THIS LONG PROCESS TO START PROSECUTING THE CORRUPT, RECOUP ASSETS, AND MOST IMPORTANT OF ALL, IMHO, REVAMP THE JUDICIAL SYSTEM?

CAN IRAQ CONTINUE TO HOLD OUT, AND SURVIVE, AND BEGIN TO THRIVE, WITH THIS LENGTHY PROCESS, IF NO OTHER PIECES TO THE PUZZLE, ARE LURKING IN THE BACKGROUND?

MY THOUGHTS ARE, THAT THE ELIMINATION OF THE VP POSITIONS, AS PART OF THE REFORMS, HAS OTHER SIGNIFICANCE, NOT NECESSARILY THE REMOVAL OF CORRUPT...

REDUCING GOVERNMENT SPENDING, JUST LIKE THE COMBINING OF MINISTRIES, AND REDUCTION OF SALARIES OF MPs, ETC...

THE GOODS ON MALIKI AND OTHERS, HAS BEEN BUILDING BY THE DAY...THE CONNECTIONS OF HIS CORRUPT ACTIVITIES, AND CONNECTIONS TO ALMOST ALL MINISTRIES, IS COMING TO LIGHT MORE AND MORE EACH DAY...

THE GOVT WILL NOT NEED THE ELIMINATION OF THE POSITION OF VP, TO TAKE HIM AND OTHERS DOWN...

PM ABADI IS NOT GOING TO ALLOW IGNORANCE OF THE LAW, HIS COUNTRIES LAW, TO STOP HIS PEOPLE FROM PROSPERITY.....

THAT YOU CAN BANK ON....

STAY TUNED....MONDAY IS ALMOST HERE...WITH ALL THAT HAS BEEN RELEASED RECENTLY, ABOUT AFTER THE HOLIDAY......WE ARE BOUND TO SEE SOMETHING!

FRANK26 UPDATE, 24 SEPT

Frank26 GREETINGS FAMILY:

ON YOUR MONDAY NIGHT CC.......WE MADE IT VERY CLEAR TO OUR KTFA FAMILY THAT THIS WEEK YOU WILL START TO SEE ARTICLES FROM UNRELIABLE SOURCES SAYING IRAQ IS IN GREAT DESPAIR!!!

WE TOLD YOU THAT THEY WOULD TELL YOU IRAQ IS CRUMBLING AND THERE IS NO FUTURE.

WE TOLD YOU THAT YOU WOULD SEE ARTICLES FROM USELESS GOI MEMBERS TO EXAGGERATED MAFIA STORIES. WHY?

IOO (In Our Opinion) .......IT'S A SCARE TACTIC......WE MADE THIS VERY CLEAR TO YOU.

ON THE VERGE OF DOMINATING SECURITY WE EXPLAINED TO YOU THAT SOME WILL PROPAGATE A STRETCHING OF THE TRUTH IN IRAQ. ON THE VERGE OF THE IMF'S MR OF THE IQD ........
IT IS LOGICAL THAT FALSE PROPAGANDA AGAINST DRS' MR WOULD ARISE. WE PREPARED YOU FOR THIS AS WE HAVE PREPARED YOU IN THE LAST 7 YEARS FOR MANY SITUATIONS.

WHY AM I POSTING THIS.......?

ONCE AGAIN IMO.......IF ANYONE ASKS YOU FOR YOUR DINARS AND PROMISES YOU A GREATER RETURN THAN THE CBI .......POLITELY TELL THEM TO LEAVE YOU ALONE.

BUT MORE TRAGIC AND BASED ON WHAT WE TOLD YOU ON YOUR CC LAST MONDAY......IF ANYONE TELLS YOU TO SELL BACK YOUR DINARS BECAUSE IN THEIR OPINION THERE IS NO HOPE OR FUTURE FOR ANY TYPE OF RETURN........
IMO........POLITELY TELL THEM TO LEAVE YOU ALONE.

THIS IS A SPECULATIVE INVESTMENT AND SOLELY OUR RESPONSIBILITY TO BE IN IT OR NOT. WE ARE STUDENTS .........WE ARE NOT STUPID.

DO NOT FIND YOURSELF BEING SCARED IN EITHER DIRECTION. ACQUIRE ENOUGH DATA AND UNDERSTANDING TO MAKE A PROPER AND LOGICAL DECISION.

DON'T LET ANYONE TAKE THAT ABILITY FROM YOU NOR .......TRY TO SCARE YOU.

I AM BEING BOMBARDED BY MANY CALLS ABOUT SOME INDIVIDUALS SAYING THE DINAR HAS NO FUTURE.

IT IS TOO SILLY FOR ME TO DEAL WITH THIS TOPIC AND WASTE SO MUCH TIME SO I WILL POLITELY REFER YOU TO THE SOURCE AND ALLOW THEM TO BE RESPONSIBLE FOR THEIR OPINION.

BECAUSE IT SURE AS HECK ISN'T MINE.

YOU ALL TAKE CARE......BE STRONG AND AS WE TOLD YOU ON YOUR MONDAY CC THAT FOR THIS COMING WEEK PREPARE TO BE EVER SO MUCH STRONGER.

GOD BLESS YOU ALL........ALOHA

FRANK

TNT CHAT UPDATE, 24 SEPT

Iko Ward:  Well, sometimes the magic works, and sometimes it doesn’t. Forex still in a good place but not as good as we want. It did pull another unusual poll this morning. Just have to wait. Same ole same ole.

EF:
  Here we go. Another 1+ Minus opening dip expected in the DOW. Market confusion persists and no fix in sight. Market shift coming quickly. As to the exact date, not sure!   Today we drop below 16k in DOW.   It means we’ll see you over 1% drop in the market below 16,000 so the shift in the market will be negative

EF:
  Dropping like a ton of bricks. DOW three months High 18,120. Three-month low was 15,666. If we go below the all-time three-month low there’s no telling where the bottom is

Tim12thman: 
 ElmerF…..is this a market correction? Dare I ask?
EF:  Timith. Let’s just call it a slow slide with nothing left to hide … Fair Enough?
lollipop :  market down 222 points!! Systemic failure?? Let’s hope!!
EF:   Lollipop we are past hope IMO
EF:  Dow slips 200 points as CAT falls 7%, Nasdaq negative for 2015
**********

Fishkissed: 
 dumb question, but i don’t understand the connection between the market dropping & the rv….End of fiat, maybe?
EF:  Fish. Currencies feed the market. …….Fish kissed. End of a failed system. Yes!

Fishkissed: 
 Perfect. onset of asset backed

Tim12thman: 
 end of fiat….what a blessing. we’ll actually have money again…..real money

CODreamer: 
 pre-market trading showing everything in the red 
http://money.cnn.com/data/premarket/


UKmtb:
  Under 16,000 here   http://money.cnn.com/data/premarket/

EF:
   The market has lost 2050 points in the last 30 days! label anything you want to but the one thing that I will say.. Not good for investing now.

GTCNote: 
 as Warren Buffet has said… a down day…week in market is a great opportunity.
************

NewCreation: 
 Chinese President Xi Jinping, meeting a group of U.S. and Chinese busi​ness leaders representing $3 trillion in market value, vowed to push a​head with reforms to expand trade ties and touted the resilience of hi​s country’s economy
http://www.bloomberg.com/news/articles/2015-09-23/xi-meets-top-u-s-bus​iness-leaders-with-cybercrime-as-backdrop?bpop=90957532

NewCreation
:  The People’s Bank of China plans to sell yuan-denominated debt in Lo​ndon, marking its first issuance outside the country, as the U.K. said​ it supports China’s bid to include the renminbi in the Internationa​l Monetary Fund’s reserve-currency basket.

BACKDOC UPDATE : " TICK TOCK", 24 SEPT

KTFA:


Backdoc
:  GOOD EVENING EVERYONE!! LOTS OF GLOBAL NEWS THAT IS BEGINNING TO GEL WITH ALL THE EXCITING NEWS DR. WALKING STICK IS BRINGING YOU!

THE MONTH END IS BECOMING CRITICAL MASS NOW AS YOU CAN SEE! TOO MANY THINGS GOING ON TO BE COINCIDENTAL!

IMO….WITH GREECE'S DEBT UNSETTLED AND UNABLE TO BE SETTLED UNTIL SOMETIME IN OCTOBER DUE TO THE IMF, ONE HAS TO ASK WHY THE IMF WANTED TO WAIT TILL OCTOBER?

MMMMM HEEE HEEE

WHAT SOLUTION IS BETTER IN OCTOBER? MMMM
....
NOW WE SEE A VOTE WILL BE TAKEN ON CALEDONIA ON SUNDAY THE 27TH AS TO WHETHER IT WILL REMAIN IN THE EURO?

IF THEY DEPART WILL AN ACCIDENT BE UNDERWAY FOR THE EURO? MMMM  

GRAB SOME POPCORN!

AS IF DEFLATION WEREN''T ENOUGH ALREADY TO DEAL WITH IN THE EUROZONE, WE SEE A CORPORATE MELTDOWN UNDERWAY WITH VW.

WITH VW BEING ONE OF THE LARGEST CAR COMPANIES IN THE WORLD,ITS CURRENT DEISEL SCANDAL IS LOOKING TO HAVE POSSIBLY MORE NEGATIVE IMPACT ON THE GERMAN ECONOMY AND THE EURO THAN THE GREECE DEFAULT!

WITH TALK OF A BREXIT AND SCOTLAND THREATENING TO LEAVE IF THE BRITS DO, THERE IS BECOMING SERIOUS HEAT IN THE KITCHEN FOR THE EURO!

AND LET'S NOT FORGET THE CHERRY ON TOP OF THIS TASTY MELTDOWN, THE CALEDONIA VOTE ON SUNDAY THE 27TH!

HOW CONVENIENT THAT IRAQI PARLIAMENT RETURNS ON THE 28TH POST HOLIDAY READY TO POLISH OFF THE REST OF THEIR DETAILS!


YA GOTTA LOVE IT!

I'M HUNGRY FOR MORE POPCORN!

SLAP! GET BACK TO WORK DOC!

WELL, SORRY I AM! OK, OK !!

AS WE CONTINUE TO SEE THINGS GET WORSE FROM A CURRENCY AND DEBT PROBLEM WE SEE CONTINUED DOWNGRADE AFTER DOWNGRADE CALLING THE NAMES OF COUNTRY AFTER COUNTRY!

WHO WILL BE NEXT TO STAND UP IN THE GLOBAL ROOM AND RAISE THEIR HAND AND SAY I'M BROKE TOO? LOL

AS I SAID, THE UNIVERSAL BLACK GOLD CURRENCY IS CONTINUING TO RAISE THE DOLLAR AS IT CONTINUES ITS SLIDE INTO THE PREVERBAL TANK! HEE HEE NO PUN INTENDED!

AS THE ARTICLES FINALLY ADMIT THE COMMODITY ROUT IS DRAGGING DOWN CURRENCY VALUES GLOBALLY CAUSING DEBT TO BE MAGNIFIED!

IS A SOLUTION ON ITS WAY IN THE NEW FISCAL YEAR?

HAS THE DOLLAR GOTTEN CLOSE TO A BREAKING POINT WHERE IT WILL BE RE-ADJUSTED TO THE REST OF THE WORLD?

IS A DOLLAR REPRICING JUST AROUND THE CORNER?

WILL THE EURO SURVIVE OR WILL IT LEAVE THE EUROZONE ALONG WITH SOME OF ITS CURRENT MEMBERS?

REALIZE, THEIR ARE NO REAL ASSETS THAT BACK THE EURO,

ITS A CURRENCY BASED ON FAITH AND A TREATY!

IS THAT TREATY ON THE BRINK OF DESTRUCTION? MMMM

GOD ONLY KNOWS ,BUT THE GLOBAL SOLUTION WILL COME WHETHER WELCOMED OR NOT!

WITH PMI'S (PRICE MANUFACTURING INDEX) DROPPING LIKE A ROCK IN CHINA AND CURRENT DATA SHOWING SIMILAR FALL OFFS LIKE HOUSING IN THE U.S., THE PROBLEMS OF DEFLATION ARE UNWINDING COUNTRY AFTER COUNTRY LIKE AN "ECONOMIC BOMB" AS I DESCRIBED IN THE MATRIX PART TWO!

YES BLACK GOLD CONTINUES ITS POWER OVER THE WORLD UNTIL POLITICAL SOLUTIONS ARE ANNOUNCED!

WE EXPECTANTLY LOOK FOR FOLLOW THROUGH FROM MITCH MCCONNEL ON THE 8TH OF OCTOBER AS HE STATED. HE SAID THEY MIGHT, AND I REPEAT
MIGHT, BEGIN THE SANCTION RELEASE PROCESS FOR IRAN AT THAT TIME!

WE CAN ONLY WAIT TO SEE WHAT THAT MEANS. WE HAVE READ OTHER ARTICLES THAT STATE ALMOST ALL OF THE REMAINING SANCTIONS WILL BE RELEASED BY THE END OF NOVEMBER.

GUESS HOW LONG THE TREASURY CAN PAY BILLS WITHOUT A SOLUTION TO THE DEBT LIMIT?

RIGHT AGAIN, THE END OF NOVEMBER! INTERESTING!

WELL, ENJOY TOMORROWS EPISODE, I'M GRABBING SOME SOME POPCORN!

8@8, DOC  IMO

************

Mike100:  good analysis Backdoc, also just in time for the super blood moon on the 28th. God's timing is indeed perfect. We are witnessing a major meltdown at the moment across the world at the same time.
Backdoc:  TIC TOCK, TICK TOCK! TAKE STOCK!

THE GROWING THEATER IS ABOUT TO BECOME CENTER STAGE !

A BEAUTIFUL DISTRACTION FOR THE MAIN EVENT!   8@8, DOC   IMO

**********

Thunderhawk:
  Backdoc Alert    As clock ticks, Senate seeks way to avert shutdown

Plans to avert a U.S. government shutdown began taking shape in the Senate on Tuesday, but it was still far from certain whether a dispute over funding for women's healthcare group Planned Parenthood could be overcome.

With only days remaining before an Oct. 1 deadline, Senate leaders said they were pursuing a stop-gap funding bill to extend the present federal budget for about 10 weeks beyond the Sept. 30 end of the fiscal year.

Known as a continuing resolution, or CR, this approach was gaining traction, said senior senators from both parties.

Meanwhile, the White House budget office began working with government agencies on shutdown plans.

"Prudent management requires that the government plan for the possibility of a lapse," a spokeswoman for the Office of Management and Budget said in a statement, emphasizing that the White House believes there was still time to prevent a shutdown.

The Senate's CR approach may fail if conservative Republicans in the House of Representatives stand by their threat to oppose any spending plan that preserves federal funding for Planned Parenthood, which is under attack over allegations that it improperly sells aborted fetal tissue.

President Barack Obama and congressional Democrats oppose defunding the group, which has said it has done nothing wrong and blasted the allegations as deceptive and unfair.

"Given the president's opposition and Democrats' opposition, at some point I anticipate there will be a clean CR," said Senator John Cornyn, the second-ranking Senate Republican.

Senate Democratic leader Harry Reid largely concurred saying, "We're going to move to a clean CR on Thursday."

There were no signs, however, that House Republicans would go along with this plan. Abortions are a small part of Planned Parenthood's services, making it a perennial target for anti-abortion forces among conservative Republicans.

Senate Majority Leader Mitch McConnell said the Senate would vote on Thursday on a CR keeping federal agencies funded through Dec. 11 and giving Congress time to work out a longer-term budget deal.

McConnell's measure would try to strip the portion of Planned Parenthood funding from discretionary programs. Democrats were expected to block that version of the bill.

Conservative Republicans have called for an end to the group's current funding of about $500 million a year, mostly from Medicaid healthcare reimbursements independent of annual spending bills. McConnell's bill would attack a much smaller portion, about $50 million.

http://www.reuters.com/article/2015/09/22/us-usa-fiscal-idUSKCN0RM1WD20150922

LANDA GLOBAL CONFERENCE CALL ARCHIVES, 24 SEPT

CONFERENCE CALL ARCHIVE

Below are links to the previous conference calls. Once the link is clicked on, a new window will open with a player. Controls allow for playback functions with a slider to access times within the recording.