News, Rumors and Opinions Monday PM 10-3-2022

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Samson:  Al-Sadr: Freedom from the corrupt is the true national day of Iraq

3rd October, 2022

The leader of the Sadrist movement, Muqtada al-Sadr, said on Monday that liberation from the corrupt is the true national day of Iraq.

Al-Sadr said in a tweet seen by Shafak News Agency, "Today is Iraq's National Day, so Iraq lived free, proud, independent and strong, and that Iraq's true national day is the day it was liberated from corruption and the corrupt, and the day of real reform without dependency, quotas, no experiment, no corruption, no external interference or militias." 

He continued, "Rather, it is a blessed country, neither eastern nor western, whose light almost shines from the people's age and dignity."

Today, October 3, marks Iraq's National Day, the date of the country's accession to the League of Nations.  LINK

Samson: Al-Obaidi: We hope that our national day will be an anniversary of the evaluation of our political system

3rd October, 2022

On Monday, the head of the Parliamentary Security and Defense Committee, Khaled Al-Obeidi, expressed his wish that the National Day would be an annual commemoration of the evaluation of our political system. 

Al-Obaidi said in a tweet via Twitter, followed by "Mawazine News", "Congratulations to our people on the anniversary of Iraq's independence 90 years ago (October 3, 1932)."

Al-Obaidi noted, "We hope that our National Day will be an annual anniversary to assess the march of our political system and measure its ability to meet the people's demands for a free, dignified, secure and stable life. Everyone, without exception, will enjoy a state led by a rational and just national government that bears its responsibility before the Iraqis and carries their concerns away from foreign interference." 

Al-Obaidi concluded, "Every year and our Iraqi people are good, and our hope remains great for a better future."   LINK

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Samson:  The return of storming banks in Lebanon 

3rd October, 2022

Today, Monday, a Lebanese depositor stormed the Bank of Lebanon and the Diaspora in the capital, Beirut, and was able to obtain his financial deposit.

The "Depositors' Scream" association said in a tweet on "Twitter" that "the depositor, Zaher Khawaja, released a sum of money of 11,750 dollars from Blom Bank, the Haret Hreik branch, and the remaining $ 750 for him in the bank."

The Lebanese Depositors Association reported that "four people, one of whom is the depositor, Zaher Khawaja, stormed the Haret Hreik branch of BLOM Bank and got their deposit ($11,000) and left before the army arrived. Meanwhile, the army is deployed in the area."

On September 16, Lebanon witnessed, and during the same day, about 7 raids of several banks, after which the Association of Banks announced the closure for 3 days due to security concerns.

During the past months, there were about 13 bank break-ins in Lebanon. The Association of Banks said that "continuing the policy of indifference means continuing the policy of storming banks."

Lebanon has been suffering from an economic crisis since the end of 2019, and the World Bank has ranked it among the worst in the world since 1850. The local currency (the lira) has lost more than 95% of its value against the dollar, and more than 80% of the Lebanese are below the poverty line. While the unemployment rate rose to about 30%, and inflation rates exceeded 100%.  LINK

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DoTalkToMe:  The euro was pretty close to a crash and burn last week. Many currencies around the world are hoping for Iraq to come to their rescue.

So my ? Is will they rescue a corrupt failing monetary system. Or will they let a crash happen and restart it all again after the fallout and dust settles.

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Courtesy of Dinar Guru

Walkingstick  [via Frank26]  Iraq is no longer a weak country, with a weak government, with a weak currency.  The IMF, AMF, World Bank are counting on the IQD as they count their new small category notes in their banks whether they be physical or electronical...

Sandy Ingram  Warning...When I traveled back to the mainland - Costa Rica gave me chills when it comes to finances.  At the international airport in San Jose Costa Rica they consistently announced if you were traveling with over $10,000 U.S. dollars or the equivalent you must report the monies.  If you do not report the funds and customs find the funds the entire amount will be confiscated with no possibility of the money being returned.  The Costa Rican government repeated the gist of this message over and over...If you must travel with cash, or IQD, travel with $9,000 USD or IQD equal to $9,000...

$36 Trillion Wiped Out! This Crash Will Be The Greatest Spectacle Of Our LifeTime

Michael Cowan:  10-3-2022

$36 Trillion & Counting The Banks Are In Big Trouble: It's Already Worse Than 2008!

https://www.youtube.com/watch?v=WaLLD2zI8Nw

October Stock Market Crash? THIS IS WHAT TO LOOK OUT FOR! Plus Important Updates.

Greg Mannarino:  10-3-2022

https://www.youtube.com/watch?v=hJqsxLbwpMM

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Iraqi News Monday AM 10-3-22