News, Rumors and Opinions Late Friday Night 9-4-2020
TNT:
Friday evening UPDATE for September4, 2020
US Bank info:
US banks are "cranking it back up" with anticipation of exchanging........very soon!
Some were called back to their exchange center locations early this Friday morning.
Some are working from 6:00 AM to 11:00 PM, 4-Day shifts. Eastern time.
Some are being housed in hotels for easy, quick access to their stations.
Some were instructed to have a FULL STAFF in place at 6:00 AM on Saturday and to cancel their Saturday Labor Day plans.
Many are planning on working throughout the holiday weekend!!
Eccle519: S.3571 - Banking For All Act: All Federal Reserve Banks shall, Not later than January 1, 2021, make Digital Wallets available to all residents and citizens of the United States and to businesses domiciled in the US….. For those having trouble believing the digital currency move :)
Eccle519: People won't know much difference other than we will bank from our phones a whole lot more...and stimulous checks could possibly come directly from the UST directly to your new digital wallet
Eccle519: Digital fiat is different than digital currency but can look the same. Settlements won't need banks to be a middleman etc and can also be tracked wherever it goes, Taxes will be instant (and yeah I don't like that part but can't fight it
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Courtesy of Dinar Guru
Frank26 Kazemi is now at the next stage of the security and stability for the Iraqi dinar monetary reform...What happened is these politicians, especially Maliki...stole, they didn't keep in one area. They sent it to their families...all these central banks are about to sign an agreement that's going to change how money is treated on this planet Earth...Kazemi is also seizing assets...they bought a lot of things to hide the money. Money laundering. Houses. Boats. Cars. Stocks. You name it. And he's getting it...this is a massive campaign by Kazemi to clear the way for the reforms. Trust me Kazemi is in a hurry. He is doing everything as fast as he can...
Footforward Don't be surprised if they come out with a new budget for 3 years with an old rate and then RV after that... [I can see an RV before the budget is announced but not after...] they can easily redo a budget. They can easily have two budgets. Kuwait flat out lied and said they would never RV and then did RV the very next day. There may be some misdirection here at some point. ...what I'm getting at is don't get down if they do a new budget with the old rate. They can RV any time...Not just the start of a fiscal year. If I suddenly win the lottery, I'll gladly revisit my budget any time. Same thing here. The fiscal year isn't a consideration for timing in this at all...
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KTFA:
Samson: Parliamentary Finance issues a statement on the economic and financial reform paper
09/04/2020 12:53:30
The Parliamentary Finance Committee issued a statement regarding the economic and financial reform paper.
A statement by the committee stated that the Euphrates News Agency received a copy, "At a time when we are waiting for the government to present the economic and financial reform paper to the House of Representatives as stipulated in the domestic and foreign borrowing law, which has not yet been submitted, despite the passage of the time period specified by it.
The law, which is 60 days from the date of its approval, and we also did not see its signs, neither in words nor in action. Rather, the government ignored all the reform texts included in that law.
He added, "We are surprised by decisions and appointments in sensitive and extremely important centers in the Ministry of Finance and other relevant institutions that have nothing to do with the public interest, as most of those orders were issued against them, all of which are annotated with the phrase" based on the book of the Prime Minister's Office} whose history is tainted.
The job is a lot of suspicions and failure, and this will negatively affect any real intention or step for reform, and it will cast a shadow over a decline greater than it is now in the financial and economic file."
Parliamentary Finance affirmed, "In terms of the legal and moral responsibility entrusted to us as a supervisory and legislative body, we will have a firm and strict position as a result of those measures that adopted the mood and favoritism in their approval by the government and the Ministry of Finance, which unfortunately we did not see any cooperation or consultation with the authority. Legislative Council of Representatives in general and the Finance Committee in particular during the previous period of the life of the current government. LINK