News, Rumors and Humor Late Saturday Afternoon 8-8-2020
TNT:
Hammertime: Trump is getting ready to sign an EO to add $400 to the unemployed , plus several other tax related items
Speedy: EO’s signed, Now it is bank time !!!
Alf: Well now we brace for the chess pieces to start moving into position for a battle.
Semperfi01: No more Federal tax Can you say here comes the 14 to 17% tax only on new items i can BOOM
Speedy: He said if He is re-elected, He will make the temporary payroll taxes halt, permanate. Sounds like some of that stuff some people thought was bs, is maybe not bs.
Donald Trump to Suspend Payroll Tax Until End of 2020
President Trump said Friday he would defer the payroll tax until the end of the year, using an executive order. The tax would continue to be deferred until the end of 2020, the president said, and would likely be retroactive from July 1.
KTFA:
BillA: Cha-Ching......Thank you President Trump (today's press conference) IMO once Capitol Gains tax relief/changes are announced we are DONE!!!
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Don961: Exposing the amount of stolen and wasted Iraqi funds since 2006
Policy 08/08/2020 21:11 373 Editor: ht
Baghdad today - special
A member of the Supreme Council for Combating Corruption, Saeed Yassin Musa, confirmed, Saturday, August 08, 2020, that the amount of money stolen from the Iraqi treasury since 2006, until today, has reached 360 billion dollars.
Moussa said in an interview with (Baghdad Today), "The volume of what was stolen from Iraq’s funds after 2006 and up to now is more than $ 360 billion by slowing down and delaying the implementation of more than 10 thousand investment contracts."
He added that "mismanagement and planning also caused hundreds of billions of losses, in addition to the presence of economic bodies belonging to influential political forces that used their influence to seize public money."
Moussa indicated that "double salaries, the presence of space employees in state institutions, oil smuggling operations, smuggling operations at border outlets, money laundering operations, and most of these operations are political parties involved in them who have contributed to wasting public money during the past years."
And a member of the Parliamentary Security and Defense Committee, Abd al-Khaliq al-Azzawi, said Monday (June 28, 2020), that fighting corruption and curbing the influence of parties influenced by Prime Minister Mustafa Al-Kazemi will be difficult unless the political blocs support him.
Al-Azzawi said in an interview with (Baghdad Today), "There are many complex and thorny files that await the prime minister to solve them and fight corruption in them."
He added, "The task of the prime minister in facing the parties and the corrupt will be difficult unless the national political blocs support him."
And, "Al-Kazemi's mission in these exceptional circumstances that Iraq is going through is very difficult, and then without support and assistance, he will fail in that." LINK
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Don961: A member of Parliamentary Finance confirms his support for making a deal with the robbers of public funds in this way in exchange for their acquittal
Policy 08/08/2020 22:53 182 Editor: ht
Baghdad today - Baghdad
A member of the Finance Committee in the Iraqi Council of Representatives, Jamal Cougar, confirmed, Saturday, August 08, 2020, that he supports a deal with theft of public money by dropping all the cases brought against them in exchange for a refund of 80-90% of the money they stole.
In an interview with (Baghdad Today), Cougar said, "The return of the stolen money is a correct path that we support, in case there are serious steps by the government regarding this file with an actual confirmation by those accused of stealing public money by returning 80-90% of the funds." In their possession to the state treasury. "
He added that "returning the defendants, the bulk of the money they have in order to drop the charges brought against them, is a sign of regret they feel," noting that "the matter remains dependent on the accused's intention to return the money to the state treasury."
Earlier, the economist, Abd al-Rahman al-Mashhadani, revealed on Monday (August 20, 2020) the amount of money smuggled abroad, which is divided between laundering and illegal operations estimated at at least $ 250 billion, while he confirmed that the process of recovering it is fraught with risks and needs to An international effort.
Abd al-Rahman al-Mashhadani said, in a televised statement that she followed (Baghdad Today), that “seeking to amend the Financial Management Law is futile, because it was amended at the end of last year to allow the government to work in the event that there is no budget by disbursing funds according to the 1/12 rule, that is, the monthly disbursement of funds. According to the closest approved budget to proceed with the investment projects that are disbursed for later.
Al-Mashhadani added, "Any new amendment will weaken the role of the government and the Ministry of Finance in passing its general budgets because the government cannot work without a budget, and also the parliament, which will not be able to monitor achievement rates without adopting a plan or budget," noting that "the state’s general budget is not approved." In the year 2014 it cast a shadow over the performance of the Ministry of Finance since that day.
He continued: "A budget must be organized with the actual spending from January 2020 until July, and estimates of the total size of the budget must be added, and according to my estimation, it must be up to 65 trillion dinars to cover operational expenses and even the deficit will match the deficit percentage specified in the Financial Management Law," indicating that "oil prices Stable at about $ 40 a barrel, and its price in the budget is supposed to be set at around $ 35, and here the doors of exchange will laugh and laugh until the end of the year. "
Regarding the money smuggled outside Iraq, the economist said, "The money smuggled abroad is estimated between money laundering and illegal operations, estimated at at least 250 billion dollars and may reach 350 billion, and it is present in neighboring Arab countries as well as many countries of the world."
Regarding the possibility of recovering the smuggled money, he stressed that "recovering these funds is fraught with risks and requires an international effort and cooperation with international organizations, as well as cooperation with international research and investigation offices to find these funds and then return them, and it takes five years at least."
The economic expert pointed out that "the State of Morocco carried out an experiment in which it bargained with money smugglers that the lawsuits against them would be dropped in exchange for returning half or a third of that money, and this matter is faster than research and investigation and assigning follow-up bodies, because the matter may extend for years." LINK
Courtesy of Dinar Guru
Footforward It's my opinion this is done...But I'm not watching Iraq. This is bigger then Iraq. Iran is the problem. And they are being hit very hard...I'm not looking for another sign. I feel we have enough to know this is done...
Mike Cottrell [Do you believe the Federal Reserve needs to be abolished and the Gold Standard has to be in place before the RV can occur?] The Federal Reserve has already been wrapped into the Treasury. And the Gold Standard happens at the RV…same time.
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Humor While We Wait
Sabickford: if FedEx and UPS were to merge would they be called fed-up?
If there is a wrong way to do something, then someone will do it.
After (M)onday and (T)uesday comes WTF !
To All Pessimists - You never run out of things that can go wrong.
When you fall, I will be there to catch you - With love, the floor.
You come into the world with nothing, and the purpose of your life is to make something out of nothing.
I'm not lazy, I'm just very relaxed.
He who laughs last didn't get it.
My Dad would swear and then say "Excuse My French". One Day the Teacher Asked if anyone could speak a foreign Language and I Raised My Hand.
You're getting old when you get the same sensation from a rocking chair that you once got from a roller coaster.
You don't stop laughing because you grow old, you grow old because you stopped laughing.
With enough caffeine, I could rule the world
Common Sense is a flower that doesn't grow in everyone's garden.
I forgot to go to the Gym Today… That makes three years in a row.
You don't know what you have till it's gone … For example Toilet Paper.