News, Rumors and Opinions Saturday PM 12-7-19

KTFA:

DCDriver:  Looks like the cbi website is down  

Clare: CBI DOWN AROUND 9:30 AM EST ......AROUND 5:30 PM BAGHDAD TIME...WE SHALL SEE WHAT HAPPENS....

GGC:  looking good, what do you think DELTA?  

DELTA:  I AGREE IT DOES LOOK GOOD......THEY ARE WAY OVER DUE.....

DJSpandc:  If I remember correctly, frank26 and walking stick said if cbi site down for 3hr or more expect something big!!. Heres hoping

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Samson:  Work: Launching the fourth meal of a full-time appointed salary

12/7/2019 15:46

The Ministry of Labor and Social Affairs announced, on Saturday, the launch of the fourth meal of the full-time employee's salary.

The ministry said in a statement, which received {Al Furat News} a copy of it, that "the fourth meal of the full-time employee's salary was launched in Baghdad and the provinces for the months of October, November and December of this year."

She added, "The distribution will be via MasterCard, starting on Sunday, 8-12-2019."   LINK

2Cents:  Get all payrolls DONE for the year by 12/12!!!!  Even the Kurds are getting a payroll done this week......Let's hope the back payrolls for 2016, 2017, and 2018 that are to start being paid 12/15 are in the RD rate.....Even if not, 1/1 is right around the corner....

Don961:  The Fed pumps $ 72 billion into the financial markets

Saturday 07 December 2019

Washington / Continue 

 The Federal Reserve Bank of New York continued to pump more liquidity into the American financial system, as it sought to keep the interest rate within its target range.

The US bank said in a press release that it had pumped $ 72.8 billion through "one-night repo" repurchase agreements.

The Federal Reserve yesterday pumped $ 78.7 billion to provide more liquidity in the US financial markets.

Repurchases are a way for borrowers to raise short-term financing by agreeing to buy and sell securities over very short time frames.

The Federal Reserve started securities repurchases since mid-September, in an effort to stem the rise in short-term financing costs and keep them within the target range, which ranges from 1.50 to 1.75 percent.   LINK

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Courtesy of Dinar Guru

Frank26    The CBI [representative Iraqi bank] came out and not only did they put it on their website but they put it out on social media...'the American dollar rate might change.'...all of this is coming together...

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"OkieOilMan" - RV Poem (As We Accept) - 12.7.19

I HEAR THAT TRAIN A COMIN’

I hear that train a comin
It’s rolling round the bend
And I ain’t seen an RV
Since I don’t know when

I’m stuck here in this chat room
And time keeps dragging on…
But that train keeps a rolling
On down to San Antonio

But I was just a baby my mama said
Be a good boy and don’t buy Dinar!
But I bought a million in Reno just
To see if it would fly….

And when I hear that whistle blowing
I hang my head and cry!

I bet Okie is eating in a fancy dining car
Drinking coffee and smoking big cigars
Well I know I had it coming….
And I know I can’t cash in
But they keep on a moving and that’s
What tortures me~~~

Epaphroditus© October 11, 2011

I'm ready for the landing!!!

https://inteldinarchronicles.blogspot.com/2019/12/okieoilman-rv-poem-as-we-accept-12719.html

TNT:

Pearle:  Intel Guru Delta ...Bank in Iraq...they had a statement that was very interesting, "The U.S. dollar rates may change." That was very strange...November 29 they started putting that small memo there...this is the first time I've seen something like that...this is huge...

Kaseyko1:  Pearle, I wonder if this comment by the Bank of Iraq is indicative of us going back to the gold standard/asset backed currency, "Intel Guru Delta ...Bank in Iraq...they had a statement that was very interesting, "The U.S. dollar rates may change." That was very strange...November 29 they started putting that small memo there...this is the first time I've seen something like that...this is huge.."

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Tishwash:  Parliamentary Finance reveals the date of the arrival of the 2020 budget in Parliament

The Finance Committee in the House of Representatives revealed, on Saturday (December 07, 2019) . that the draft budget law 2020 for the Iraqi state will soon reach the parliament Committee member Hanin Qaddo said to (Baghdad today),

"It is through information that we have received that the Presidency of the Council of Representatives will receive within the next few days a ". draft of the 2020 budget law for the Iraqi state And Qaddo said that "after the arrival of the draft law, we will study the articles and paragraphs of ".the law in detail, then read it first and second, and then vote on it as soon as possible The deputy of the Sadikoun parliamentary bloc, Uday Awad, revealed Thursday (December 5, 2019) that the head of the caretaker government, Adel Abdul Mahdi, granted 20% to the Kurdistan region, .in the next 2020 budget

Uday Awad said, during his hosting of the "Viewpoint" program presented by Dr. Nabil Jassem, on the satellite channel "Degla", and his follower (Baghdad today), that "there are decisions that will be issued by the Council of Ministers in the next week, including with regard to the budget", indicating "The 2020 budget will come next week to Parliament and will be a bomb because of the increase in ".the proportion of Kurdistan

Awad added, "Abdul-Mahdi granted the Kurdistan region in the 2020 budget more than 20% that were approved in previous years, which was 17%," noting that "some ministers seek to resolve the special score file, in light of the daily caretaker government, but Abdul-Mahdi is hesitant, and there is " .a minister who called on him to continue resolving this file

In the same context, a parliamentary source said, on Thursday (December 5, 2019) that the Presidency of the House of Representatives intends to address the Presidency of the Republic to send . a draft budget budget for 2020 to the parliament by next week

The source stated in an interview with (Baghdad Today), that "the Presidency of the House of Representatives intends to address the President of the Republic, Barham Salih, to send a draft ". federal budget law 2020 to parliament by next week

Earlier in the day, members of the Parliamentary Finance Committee revealed the legal way out to implement the Budget Law for 2020 after the government of Adel Abdul Mahdi became a daily . caretaker government, whose powers it is not to send bills to the House of Representatives   link