News, Rumors and Humor Saturday Night 5-15-2021
TNT:
Tishwash: Parliamentary Finance: $ 15 a barrel of oil surplus from the price determined by the budget law
The Parliamentary Finance Committee revealed, on Saturday, that there is a surplus in the price of a barrel of oil calculated in the General Budget Law for the current year.
Committee member Jamal Cougar told Shafaq News; “Oil prices are close to $ 65 per barrel, but the price calculated in the budget law for the current year is $ 45.”
He added that “the surplus in oil prices is about $ 15 per barrel,” noting that “this money goes to oil expenditures, including service contracts and licensing rounds, which are estimated at 16 trillion dinars.”
And Couger said, “The net remainder of a barrel of oil is $ 45, which is actually calculated in the budget law.” link
KTFA:
TXAV8R: I believe we are seeing the calm before the storm... is awful quiet out there!
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Courtesy of Dinar Guru
Petra They came out with some matrix that I was frankly kind of surprised. They said 99% of the citizens in Iraq now have cellphones. That's massive. And over 75% of them are connected to the internet. Put that in your about digitization and being able to safely and securely transfer money both internally and externally...
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The US Government Is On Track to Top Last Year's Record Breaking Deficits
The Survival Economist: Premiered 12 hours ago
The Treasury department has issued its spending and revenue report for April 2021, and it’s clear the US government is headed toward another record-breaking year for deficits.
According to the report, the US federal government collected $439.2 billion in revenue during April 2021, which was a sizable improvement over April 2020 and over March 2021. Indeed, April 2021’s revenue total was the largest since July of last year when the federal government collected 563.5 billion following several months of delays on tax filing deadlines beyond the usual April 15 deadline.
(Not surprisingly, in most years, April tends to be the federal government’s biggest month for tax collections.) In spite of April’s haul, however, the federal government managed to spend much more than that, with spending topping $664 billion during April.
This means the federal government ran a sizable deficit in April of 225.6 billion. This was a middling sum compared to other monthly deficits this fiscal year (which began on October 1), but deficits are adding up fast.
For the full transcript go to https://financearmageddon.blogspot.com
Humor While We Wait:
TNT: Actech426: You take away the looks, money, intelligence, charm and success and, really, there's no real difference between me and George Clooney.
A little boy asked his father, "Daddy, how much does it cost to get married?" Father replied, "I don't know son, I'm still paying."
Always borrow money from a pessimist. He won't expect it back.
Why is it a penny for your thoughts but you have to put your two cents in? Somebody’s making a penny.
My dad is so cheap that when he dies, he’s going to walk toward the light and turn it off.
I went to Bank of America to deposit a check, and they asked me for ID. I said, “Are you telling me other people are trying to put money into my account and you’re telling them no?”
If your name is on the building, you're rich; if your name is on your desk, you're middle-class; if your name is on your shirt, you're poor.
Pigeons must be wealthy. They have no problem putting deposits on expensive cars.
I wish my wallet came with free refills
Dear IRS: I’m sending you this money because I cheated on my income tax and my conscience has been bothering me. If it doesn’t stop, I’ll send you the rest.
Did you hear about the lady who traveled to the ocean to have her baby? She needed a sea section!
Do you remember what you used to call your security blanket when you were little? No, I’m drawing a blankie!
How did Batman decorate baby Robin’s crib? With a bat mobile!
Where do baby fish sleep? In a bass-inet!
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Mot: Just Remember to beeee Kind --- cause ------------