Posted by Mot at TNT: The width of that tunnel is just slightly…
(From Recaps archives)
TNT:
Mot: ....... And guess what? The width of that tunnel is just slightly
Did you know that the standard railroad gauge in the U.S.—the distance between the rails—is 4 feet, 8.5 inches? That might seem like an odd number, and there's a fascinating story behind it that stretches back thousands of years!
Why was that gauge used in the first place? Well, it's because the first U.S. railroads were designed by English engineers, and that’s how they built them in England. But why did the English use that particular gauge? It turns out that the first rail lines were constructed by the same people who built the old wagon tramways, and they used the same gauge.
(From Recaps archives)
TNT:
Mot: ....... And guess what? The width of that tunnel is just slightly
Did you know that the standard railroad gauge in the U.S.—the distance between the rails—is 4 feet, 8.5 inches? That might seem like an odd number, and there's a fascinating story behind it that stretches back thousands of years!
Why was that gauge used in the first place? Well, it's because the first U.S. railroads were designed by English engineers, and that’s how they built them in England. But why did the English use that particular gauge? It turns out that the first rail lines were constructed by the same people who built the old wagon tramways, and they used the same gauge.
But why did they use that specific wheel spacing for wagons? The reason goes even further back. If they tried to use a different spacing, the wagon wheels would break more often on the old, long-distance roads in England. You see, the wheels had to match the spacing of the ruts in those roads. And who created those ruts?
The roads were originally built by Imperial Rome for their legions, and those roads have been used ever since. The ruts were made by Roman war chariots, which were all built to a standard width to accommodate the rear ends of two war horses. So, the standard U.S. railroad gauge of 4 feet, 8.5 inches actually originates from the specifications of an Imperial Roman war chariot!
Bureaucracies, it seems, have a knack for enduring the test of time. So, the next time you're handed a specification or process and wonder, "Who on earth came up with this?" you might just be right in thinking it dates back to a couple of horse's... well, you know!
Now, here’s the twist: When you see a Space Shuttle on its launch pad, there are two big solid rocket boosters (SRBs) attached to the sides of the main fuel tank. These SRBs were made by Thiokol at their factory in Utah.
The engineers wanted to make them a bit wider, but there was one problem—the SRBs had to be shipped by train to the launch site. The railroad line passed through a tunnel in the mountains, and the SRBs had to fit through that tunnel.
And guess what? The width of that tunnel is just slightly wider than the railroad track, which, as you now know, is determined by the width of two horses' behinds from ancient Rome.
So, a critical design feature of one of the most advanced transportation systems in the world was dictated by the width of two horses'... well, you get the idea.
Who knew that the influence of ancient horse's behinds could reach all the way into the Space Age?
Seeds of Wisdom RV and Economic Updates Sunday Afternoon 3-23-25
Seeds of Wisdom RV and Economic Updates Sunday Afternoon 3-23-25
Good Afternoon Dinar Recaps,
SEC STAFF READY TO ‘WORK EARNESTLY’ TOWARD A FRAMEWORK FOR CRYPTO REGULATION, SAYS COMMISSIONER HESTER PEIRCE
The U.S. Securities and Exchange Commission (SEC) is ready to reset its relationship with the crypto industry, according to Commissioner Hester Peirce.
The SEC’s new “Crypto Task Force” held its inaugural roundtable event on Friday, which brought together regulators, private-sector lawyers and digital asset firm executives.
Seeds of Wisdom RV and Economic Updates Sunday Afternoon 3-23-25
Good Afternoon Dinar Recaps,
SEC STAFF READY TO ‘WORK EARNESTLY’ TOWARD A FRAMEWORK FOR CRYPTO REGULATION, SAYS COMMISSIONER HESTER PEIRCE
The U.S. Securities and Exchange Commission (SEC) is ready to reset its relationship with the crypto industry, according to Commissioner Hester Peirce.
The SEC’s new “Crypto Task Force” held its inaugural roundtable event on Friday, which brought together regulators, private-sector lawyers and digital asset firm executives.
At the event, Peirce, a longtime crypto advocate, spoke of “a restart of the Commission’s approach to crypto regulation.”
“The formation of the Crypto Task Force gave permission to staff in the building to work earnestly towards a workable framework for crypto regulation, and staff have responded with palpable enthusiasm. The enthusiasm in this room is also palpable, so let us seize the moment and have a meaningful conversation today.
This room is full of people—on the panel, on the Crypto Task Force, on the Commission staff, and in the audience—who are ready for [the] sprint ahead. People have been talking, thinking, and writing about the issues with which we are now wrestling. The roundtable series will allow us to explore the issues collaboratively.”
Peirce leads the Crypto Task Force, which launched in January. The commissioner said last month that the team is currently working on questions related to the security status, public offerings, custody and secondary market trading of crypto assets.
irce/
@ Newshounds News™
Source: DailyHodl
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RIPPLE LAWSUIT NEWS: SEC DROPS CASE, BUT HERE’S THE WORST CASE SCENARIO
Ripple’s recent legal victory over the SEC has caused a huge stir in the crypto world. After a long legal battle, the SEC dropped its lawsuit against Ripple, which has left the industry buzzing with excitement. This decision marks a huge shift in how regulators will handle digital assets in the U.S., and it could set an important precedent for future cases.
Jeremy Hogan, a legal expert, provided a detailed breakdown of the current situation, explaining that while the SEC has dropped its appeal, it’s still unclear if Ripple has agreed to the same.
He said that the judgment from Judge Torres, which includes a $125 million penalty and an injunction, is the worst case scenario for Ripple. Here’s what could happen next:
1. Ripple could continue appealing, seeking a court ruling on whether investment contracts require formal agreements.
2. Ripple might agree to drop its appeal, returning the case to the trial court where both sides could try to amend the judgment.
3. Ripple could drop its appeal and come to a private agreement with the SEC without modifying the judgment.
4. Ripple might just pay the $125 million and move on without further legal action.
This outcome could have lasting effects on the crypto industry, as the SEC’s decision to back off from its aggressive stance signals a potential shift toward more clear and balanced regulatory guidelines
The legal victory clears a major roadblock for Ripple and sets the stage for the company to continue its mission of revolutionizing cross-border payments.
It also suggests a future where digital assets may be regulated under clearer rules, creating opportunities for growth in the industry. If Ripple can maintain this momentum, it could be a game-changer for the crypto space and offer a new path forward for digital currencies.
@ Newshounds News™
Source: Coinpedia
~~~~~~~~~
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7 Useful Pieces Of Money Advice From People Who Started Their Own Business
7 Useful Pieces Of Money Advice From People Who Started Their Own Business
Casey Clark Mon, March 17, 2025 HuffPost Life
Money can be a scary topic for a lot of people. Perhaps you don’t even know where to even start when it comes to managing finances and keeping yourself afloat. But there’s one group who needs to nail down financial literacy in order to thrive: people with their own businesses. Without it, they may not earn a living or see success with their endeavor.
We spoke with small business owners about money advice they have for anyone hoping to get a handle on finances, whether you’re a business owner yourself or someone simply looking to try to improve your own personal bank account. Here’s what they suggest:
7 Useful Pieces Of Money Advice From People Who Started Their Own Business
Casey Clark Mon, March 17, 2025 HuffPost Life
Money can be a scary topic for a lot of people. Perhaps you don’t even know where to even start when it comes to managing finances and keeping yourself afloat. But there’s one group who needs to nail down financial literacy in order to thrive: people with their own businesses. Without it, they may not earn a living or see success with their endeavor.
We spoke with small business owners about money advice they have for anyone hoping to get a handle on finances, whether you’re a business owner yourself or someone simply looking to try to improve your own personal bank account. Here’s what they suggest:
1. Make and understand your budget.
Erika Kullberg, an attorney and founder of Erika.com, told HuffPost that having a budget is paramount to success in both business and life.
“Your compensation can fluctuate, so it’s important to understand your cash flow and budget to make sure you’re saving for emergencies and retirement,” she said.
At the most basic level, you should budget for the necessities including housing, transportation, food and health care. Once you have the essentials covered, look at what’s left to budget for buckets like entertainment, subscriptions and savings. The key is knowing every dollar that goes in and out of your account.This guide on making a budget is a good place to start.
2. Educate yourself on tax breaks.
Whether you’re an entrepreneur, employee or a freelancer, it’s important to remember what tax benefits are available to you.
“This will allow you to keep more of your money so you can pay off any debt and save for retirement,” Kullberg said.
For example, if you have your own business, there are certain expenses ― like office supplies, travel costs and moving expenses ― you can write off in your taxes, which can help in the long run. For non-business owners, there are certain credits you can account for as well, such as having children or donating to a charity. A financial advisor will typically be able to help educate you on what tax breaks you’re entitled to based on your income and individual situation.
If you don’t want to spend money on an accountant or financial advisor, there are free resources online that can be helpful. NerdWallet and The Balance are two websites that have information on taxes, investing, budgeting and more that you can view for free. There are also content creators like Vivian Tu who make videos with information about financial literacy and the economy in an easily digestible manner.
TO READ MORE: https://www.yahoo.com/finance/news/7-useful-pieces-money-advice-070003234.html
News, Rumors and Opinions Sunday 3-23-2025
KTFA:
Clare: Sistani's office: Monday, March 31, is likely to be Eid al-Fitr
3/23/2025
The office of the highest religious authority, Grand Ayatollah Ali al-Sistani, announced on Sunday that Monday, March 31, is expected to be the first day of Eid al-Fitr.
The office of the Supreme Authority had set Sunday, March 2, as the start date for Ramadan and expected it to end on the 30th of the same month.
According to the calendar published by the office, the month of fasting will not be complete for 29 days.
KTFA:
Clare: Sistani's office: Monday, March 31, is likely to be Eid al-Fitr
3/23/2025
The office of the highest religious authority, Grand Ayatollah Ali al-Sistani, announced on Sunday that Monday, March 31, is expected to be the first day of Eid al-Fitr.
The office of the Supreme Authority had set Sunday, March 2, as the start date for Ramadan and expected it to end on the 30th of the same month.
According to the calendar published by the office, the month of fasting will not be complete for 29 days.
Clare: A government advisor reveals an electronic system that will transform company registration from weeks to minutes.
3/23/2025 - Baghdad
On Sunday, the Prime Minister's advisor, Mazhar Mohammed Saleh, revealed the importance of a single window for company registration, noting seven exceptional advantages, including reducing the time required to register companies from weeks to minutes.
"Establishing a unified electronic system for company registration is an important step to support commercial activity and stimulate investment in Iraq," Saleh said in a statement reported by the official news agency and seen by Al-Eqtisad News. "It not only facilitates procedures but also enhances business efficiency and creates a strong, more advanced and innovative economic environment, driven by several fundamental factors, most notably: accelerating procedures and reducing red tape."
He pointed out that "this digital system reduces the time required to register companies, which used to take weeks or months, and turns it into hours or minutes, allowing entrepreneurs and investors to quickly start their businesses without having to travel between multiple government agencies."
He added that "this system reduces operational and administrative costs, as it also contributes to reducing reliance on paper transactions, thus reducing costs for investors; avoiding many fees associated with paper documents, transportation, and other additional expenses."
Saleh explained that "the digital system enhances the research topic to a high degree of transparency, as the electronic company registration system is an important part of the government's philosophy of digital transformation and e-governance, due to its high credibility.
The aforementioned electronic system enables immediate verification of data and reduces the chances of manipulation or errors, which enhances trust between investors and government agencies, ultimately improving the business environment. It is one of the most important standards adopted by the World Bank for emerging economies in this regard, as it attracts investment and enhances competitiveness."
He continued, "The electronic system achieves a high degree of connectivity and network integration between relevant entities digitally, such as the General Tax Authority, investment authorities in the governorates, banks, in addition to the company registrar itself, with the relevant departments of the Ministry of Commerce, with extreme speed, accuracy, and high efficiency, which helps in making the right investment and production decisions."
He added, "It contributes to supporting entrepreneurship and small projects, as it encourages the removal of bureaucratic obstacles facing emerging business owners, which contributes to increasing the number of small and medium-sized enterprises, which constitute the backbone and main pillar of the national economy within the government program's strategy and its applications, and are in line with the comprehensive national development plan 2024-2028." LINK
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Yada Folks, we are in the best of places for the rate change. The super ships are arriving at the port of Faw (S Korea), their salaries are to be paid Monday into Tuesday, the oil is flowing through the pipeline into Turkey, the border payments for tariffs and taxes, the banks of Iraq are equipped to exchange the currencies digitally, and...billionaires from around the world have started to do business with Iraq...All with the rate change to trigger the country.
Frank26 When someone says to you, 'Give me your dinars because I belong to a group that's going to be able to pay you a higher rate than what the CBI can pay you.' Run! They're connivers... thieves...liars. What they do is they take your dinar and they put it in a bank account in Iraq that draws interest. They're making money off of it. If I was you I would say to them, 'Give me back my dinar, give me back my dongs.' ...How many times have these tiers happened? ...It's impossible they can give you $5/$6 for every dinar. There are no dual exchange rates. It's illegal. It's called money laundering. Be careful what you do...I feel bad for you people... [Dinar Guru Note: Your dinar is a currency. Treat them just like you would dollars or euros. If you wouldn't do, whatever it is, with your dollars or euros then think twice about doing that same thing with your dinar.]
ALERT! USA Secretly Prepares for Collaspe! Here's How Silver Becomes the NEW KING!
(Bix Weir) 3-22-2025
Another Great Depression Could Hit the US
Another Great Depression Could Hit the US
Sachs Realty: 3-23-2025
A prominent economist is raising concerns about the potential for a significant economic downturn, warning that a bursting “everything bubble” could trigger a recession on par with the Great Depression.
The economist, whose name we’ve omitted per your request, predicts this potential crisis could materialize as early as 2025, with a significant collapse in the housing market being a key contributing factor.
Another Great Depression Could Hit the US
Sachs Realty: 3-23-2025
A prominent economist is raising concerns about the potential for a significant economic downturn, warning that a bursting “everything bubble” could trigger a recession on par with the Great Depression.
The economist, whose name we’ve omitted per your request, predicts this potential crisis could materialize as early as 2025, with a significant collapse in the housing market being a key contributing factor.
The term “everything bubble” refers to a scenario where asset prices across various sectors, including stocks, bonds, and real estate, are inflated beyond their intrinsic value. This is often fueled by low interest rates and excessive liquidity injected into the market, leading to speculative investments and unsustainable growth.
According to the economist, several factors are contributing to this precarious situation. The prolonged period of historically low interest rates, intended to stimulate economic growth, has inadvertently inflated asset prices. Combined with unprecedented government spending and supply chain disruptions stemming from global events, this has created a perfect storm for a potential market correction.
The economist specifically highlights the vulnerability of the housing market. After a period of rapid price appreciation, driven by low interest rates and high demand, the housing market is now facing headwinds. Rising mortgage rates, spurred by the Federal Reserve’s efforts to combat inflation, are already cooling demand and putting downward pressure on prices. A significant correction in housing prices could have far-reaching consequences.
The economist’s warning about a potential “Great Depression” is stark. While economic downturns are a normal part of the economic cycle, the severity of the potential crisis stems from the interconnectedness of the global financial system and the sheer scale of the “everything bubble.”
A bursting bubble could trigger a global recession with widespread unemployment, business failures, and social unrest. The comparison to the Great Depression is not hyperbole; it underscores the potential for a truly catastrophic economic event.
While the economist’s prediction is concerning, it’s important to remember that it’s just that: a prediction. Economic forecasts are notoriously difficult to make, and the future is not set in stone.
While the future remains uncertain, being prepared and informed is the best way to navigate potential economic challenges. The warning from this economist serves as a wake-up call to pay attention to the risks and take proactive steps to protect your financial well-being.
Iraq Economic News and Points to Ponder Sunday AM 3-23-25
Economist: Government Measures Are Insufficient To Resolve The Dollar Exchange Rate Crisis In Iraq
Time: 2025/03/22 Read: 1,515 times {Economic: Al Furat News} Economic expert Basem Jamil Antoine confirmed today, Saturday, that the dollar exchange rate in Iraq is witnessing significant fluctuations, especially with the approach of Eid and the increase in shopping activity.
Antoine told Al Furat News Agency, "There are many factors that influence price stability, such as supply and demand, in addition to the psychological and social factors that drive the market."
Economist: Government Measures Are Insufficient To Resolve The Dollar Exchange Rate Crisis In Iraq
Time: 2025/03/22 Read: 1,515 times {Economic: Al Furat News} Economic expert Basem Jamil Antoine confirmed today, Saturday, that the dollar exchange rate in Iraq is witnessing significant fluctuations, especially with the approach of Eid and the increase in shopping activity.
Antoine told Al Furat News Agency, "There are many factors that influence price stability, such as supply and demand, in addition to the psychological and social factors that drive the market."
He added, "These factors make it difficult to accurately measure the exchange rate," stressing that "current government measures are not sufficient to solve the problem. Rather, in-depth studies are needed that address all the economic and psychological dimensions of this crisis." LINK
Iraq Affirms Its Commitment To The Principles Of The Arab League
Saturday, March 22, 2025 Iraq's commitment to the principles of the League of Arab States and its support for its efforts to enhance Arab solidarity and defend just causes, foremost among which is the Palestinian cause.
A statement by the Ministry of Foreign Affairs said: "On the 80th anniversary of the founding of the League of Arab States, Iraq, as one of the founding states, affirms its commitment to the principles of the League and its support for its efforts to enhance Arab solidarity and defend just causes, foremost among which is the Palestinian cause."
The statement added that "the Ministry commends the important role played by the League in light of regional and international challenges," calling for "developing mechanisms for joint Arab action and enhancing economic and social integration, in a way that enhances the position of the Arab nation and achieves the aspirations of its peoples."
The Ministry affirmed, according to the statement, "its aspiration for a more cooperative future among Arab countries," noting "the Republic of Iraq's readiness to contribute effectively to achieving the League's goals and consolidating joint Arab action." /End https://ninanews.com/Website/News/Details?key=1193396
His Excellency The Governor Of The Central Bank - Zaid Al-Hilli
March 22, 2025 Open mouth, closed mouth
His Excellency the Governor of the Central Bank - Zaid Al-Hilli
I would not have intended to address this appeal directly to Your Excellency, as I am convinced that you are a man known for your humanity and that you understand the implications of this appeal.
However, the numerous inquiries and appeals received from hundreds, perhaps thousands, of citizens in the media, including our newspaper, have prompted us to issue this appeal. We are hopeful that you will make your just decision during these blessed days of the holy month.
To summarize, there are private banks that failed to perform their duties for a variety of reasons we don't have the business of mentioning. This prompted the Central Bank to place them under its guardianship. Shareholders and depositors were delighted with the guardianship decision, hoping to rectify the situation of these banks and return them to strong operation. However, the matter took too long and became a disaster for citizens.
Citizens affected by the guardianship decision have been making intensive and persistent appeals to the media, even threatening to organize demonstrations to make their voices heard.
The phenomenon of placing many private banks under the guardianship of the Central Bank has begun to appear as a punishment for citizens who deposited their money or purchased shares in banks originally licensed by the Central Bank itself and established under valid government laws.
The "guillotine" of guardianship has eroded the remaining capital of these banks through rent payments, electricity and water bills, generator costs, employee salaries, and maintenance, all at the expense of the remaining funds of depositors and stockholders.
These are banks that are both open and closed! I ask: Wouldn't it be reasonable to end this anomalous situation, liquidate these companies, and distribute the remaining funds—which are a small amount—according to the creditors' apportionment system, instead of letting everything be lost, as happened with the Basra International Bank and others?
I have great hope in your wisdom and your usual humanity, because I believe that the prolonged guardianship situation may turn into a public opinion issue, although it is easy to solve.
Please, do not leave people alone to face this ordeal, some of whom are orphans, so rush to help those who have lost a small part of their savings, especially since we are in the last days of the blessed Ramadan. And be certain, Your Excellency, that the hand of charity is never empty, but rather God fills it with the blessings of giving.
Please accept my highest respect and appreciation. LINK
Washington Calls On Erbil To Expedite The Export Of Kurdistan's Oil
March 22, 2025 Erbil - Al-Zaman US National Security Advisor Michael Waltz urged the Kurdistan Region to expedite the formation of a government and resume oil exports through the Turkish port of Ceyhan, which have been halted since March 2023.
The US advisor's request came during a phone call he made Friday evening with Kurdistan Regional Government Prime Minister Masrour Barzani to discuss "ways to strengthen relations between the Kurdistan Region and Iraq with the United States," according to a statement from the regional government.
Waltz and Barzani agreed on the "need to expedite the formation of the new Kurdistan Regional Government cabinet and reiterated their commitment to resuming Kurdistan Region oil exports as soon as possible." LINK
Oil Expert: Oil Prices Rising To $72 Will Have A Positive Impact On The Iraqi Economy
Time: 2025/03/22 12:16:56 Read: 1,275 times Economic: Al Furat News} Oil expert Hamza Al Jawahiri confirmed today, Saturday, that recording oil prices and Brent at an average of $72 per barrel has a positive impact on the prices of Basra crude and Iraqi oil in general.
Al-Jawahiri explained in a statement to Al-Furat News Agency, "Heavy Basra crude may be less valuable, but the rise in the prices of Brent crude and oil in general contributes to raising the value of the remaining Iraqi crudes."
Al-Jawahiri pointed out that "these prices are considered safe and good for the Iraqi economic situation," explaining that "any increase above $70 per barrel is safe and does not pose any economic problems for Iraq." LINK
Basra Crude Ends Weekly Trading With Gains
Saturday, March 22, 2025, 11:33 AM | Economic Number of reads: 163 Baghdad / NINA / Basra Heavy and Medium crude oil prices recorded gains for the second week in a row on Saturday.
Basra Heavy crude closed in its last session with an increase of $2.24, reaching $70.04, and recorded weekly gains of $1.82, equivalent to 2.67%.
Basra Medium crude oil recorded an increase of $2.24 in its last session, reaching $73.09, recording weekly gains of $2.26, or 3.19%. / https://ninanews.com/Website/News/Details?key=1193319
For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/
Seeds of Wisdom RV and Economic Updates Sunday Morning 3-23-25
Good Morning Dinar Recaps,
SEC HOLDS FIRST CRYPTO ROUNDTABLE TO REASSESS REGULATORY FRAMEWORK
Despite presenting contrasting arguments, advocates and skeptics conceded that crypto needs regulatory clarity in the US.
The US Securities and Exchange Commission (SEC) held its first crypto task force roundtable on March 21 to discuss regulation, which ended in a consensus that crypto needs regulatory clarity in the US despite diverging views among the panelists.
Good Morning Dinar Recaps,
SEC HOLDS FIRST CRYPTO ROUNDTABLE TO REASSESS REGULATORY FRAMEWORK
Despite presenting contrasting arguments, advocates and skeptics conceded that crypto needs regulatory clarity in the US.
The US Securities and Exchange Commission (SEC) held its first crypto task force roundtable on March 21 to discuss regulation, which ended in a consensus that crypto needs regulatory clarity in the US despite diverging views among the panelists.
Panelists ranged from crypto advocates to skeptics and the session focused on longstanding debates, including the classification of digital assets and the limits of existing securities laws in addressing decentralized technologies.
Advocates defended decentralization as a gauge for determining whether a token is a security. At the same time, skeptics argued that the current definition by the Howey test works, as the SEC won more motions than lost.
The event marked a shift in tone from the SEC under former Chair Gary Gensler, who frequently characterized most crypto tokens as securities and pursued enforcement actions against major firms.
Legal definitions and the scope of securities law
Discussions extended to what characteristics of digital assets, if any, justify different treatment under the law. Crypto advocates at the event suggested that beyond asking whether something is a security, the more relevant question may be whether certain securities merit exemptive relief.
Proponents argued that one possible differentiator is the degree of control exerted by issuers, a concept that better captures the decentralized nature of many blockchain networks.
Lee Reiners, a lecturing fellow at the Duke Financial Economics Center, said that all panelists agree that Bitcoin (BTC) is not a security because it is sufficiently decentralized.
However, he added that drawing a line to define if something is sufficiently decentralized or an investment contract is impossible, citing a Commodity Futures Trading Commission (CFTC) report that divides decentralization by spectrums based on different aspects.
Investor risk and statutory authority
Skeptics of the crypto industry presented contrasting perspectives. Former SEC enforcement official John Reed Stark and the most vocal critic maintained that the agency’s responsibility is to protect investors who purchase digital assets.
Additionally, crypto critics argued that the Howey Test remains a sufficient legal standard and that the SEC’s track record of litigation success affirms its interpretive authority. Stark suggested that there is no need to reinvent the framework.
Despite these divisions, participants generally agreed that clearer definitions and regulatory consistency would benefit the industry and the SEC’s oversight responsibilities.
The roundtable represents the first in a series of efforts to modernize the agency’s stance on crypto markets while balancing investor protection with technological innovation. It signals the beginning of the regulator’s reassessment process.
@ Newshounds News™
Source: CryptoSlate
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RIPPLE PUSHES SEC WITH 3-STEP PLAN FOR CLEAR CRYPTO REGULATIONS
▪️Ripple criticizes past SEC leadership for creating regulatory confusion and urges a return to clear, existing securities laws.
▪️Ripple proposes the SEC focus on enforcing established laws, not creating new ones, to provide clarity for the crypto market.
▪️With the SEC dropping its appeal, the Ripple lawsuit nears resolution, highlighting the need for defined crypto regulations.
Ripple is calling on the SEC to finally bring clarity to crypto regulations. The company argues that unclear rules have caused confusion for years, making it harder for businesses and investors to navigate the industry.
This comes after Hester Peirce, head of the SEC’s Crypto Task Force, asked the public for input on how crypto assets should be classified. Her request, titled “There must be some way out of here,” signals an effort to fix the mess left by past SEC leadership.
But Ripple isn’t holding back. The company has strongly criticized the SEC’s previous approach, calling it inconsistent, overly complicated, and legally weak.
Now, Ripple is laying out a clear plan to cut through the confusion – one that could finally bring long-overdue regulatory clarity.
Ripple Criticizes Previous SEC Leadership
In its response, Ripple strongly criticized the SEC’s former chairman, Gary Gensler arguing that the agency’s past approach to crypto regulation was unclear, overly complicated, and lacked legal support. Ripple suggested that the SEC intentionally created confusion to hide its failure to follow proper legal processes.
To fix this, Ripple outlined three key steps the SEC should take to improve regulatory clarity.
Ripple’s Three-Step Plan for Clearer Regulations
1. Focus on True Securities
Ripple believes the SEC should only regulate assets that legally qualify as securities under federal law. The company argued that many digital assets, especially those that do not generate profit or yield, should not be classified as securities.
2. Enforce Existing Laws Instead of Creating New Ones
Ripple urged the SEC to stick to the laws already in place instead of introducing new rules that could create further confusion. The company stressed that only Congress has the power to make new laws, and the SEC should focus on enforcing existing regulations.
3. Provide Clear Guidelines
Ripple called on the SEC to take a more transparent approach to crypto regulations. It praised the SEC’s decision to clarify that meme coins are not securities, saying such clear guidance helps reduce uncertainty in the market. Ripple is now pushing for similar clarity across the entire crypto industry.
Ripple vs. SEC Lawsuit Nears Its End
Meanwhile, the long-running legal battle between Ripple and the SEC is close to wrapping up. The SEC has dropped its appeal against Ripple, leaving only Ripple’s cross-appeal as the final step. Many legal experts believe Ripple will withdraw its appeal once a favorable agreement with the SEC is reached.
After years of regulatory chaos, the SEC and Ripple might finally be on the same page. The real question is: will crypto finally get the clarity it deserves?
@ Newshounds News™
Source: Coinpedia
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“Tidbits From TNT” Sunday Morning 3-23-2025
TNT:
Tishwash: Al-Sudani chairs a meeting to follow up on reform measures for the Rafidain and Rashid banks.
Prime Minister Mohammed Shia al-Sudani chaired a meeting on Sunday to follow up on reform measures at the Rafidain and Rashid banks.
Al-Sudani's office stated in a brief statement received by the Mail that "Prime Minister Mohammed Shia al-Sudani chaired a meeting to follow up on reform measures for the Rafidain and Rashid banks, in the presence of representatives from Ernst & Young
TNT:
Tishwash: Al-Sudani chairs a meeting to follow up on reform measures for the Rafidain and Rashid banks.
Prime Minister Mohammed Shia al-Sudani chaired a meeting on Sunday to follow up on reform measures at the Rafidain and Rashid banks.
Al-Sudani's office stated in a brief statement received by the Mail that "Prime Minister Mohammed Shia al-Sudani chaired a meeting to follow up on reform measures for the Rafidain and Rashid banks, in the presence of representatives from Ernst & Young link
Tishwash: Iraq contracts with China to build a medical city in Dhi Qar at a cost of 490 billion dinars.
Prime Minister Mohammed Shia al-Sudani sponsored, today, Saturday, the signing ceremony of the contract to establish the medical city in Dhi Qar Governorate, with the Chinese company (CSCEC), which is considered one of the largest contracts in the medical and healthcare sector.
Al-Sudani commended all the efforts made by the Dhi Qar Reconstruction Fund, the Ministry of Health, and other supporting agencies, which resulted in the signing of this 490 billion dinar contract, which will begin implementation soon.
He emphasized that Dhi Qar Governorate and its sacrificial people deserve the implementation of such a vital project, which will generate economic returns and prevent citizens from having to travel for medical treatment.
His Excellency affirmed that the Medical City project and the medical sector in general are at the top of the government's priorities, stressing the importance of continuing to implement projects in this sector, in order to proceed with the remaining structural reforms, especially the implementation of the health insurance law, and the projects to localize the pharmaceutical industry, which have achieved a qualitative leap.
He pointed to the government's efforts to implement seven hospitals in all governorates, complete the projects of lagging hospitals, and adopt a method of joint management and operation with international health institutions.
The Dhi Qar Medical City Project includes (13) independent medical facilities, including 7 hospitals with a total capacity of (700) beds, namely the main hospital with 200 beds, a specialized children's hospital with 100 beds, a specialized women's hospital with 100 beds, a blood diseases and oncology center with 100 beds, a specialized internal medicine and digestive system hospital with 100 beds, an emergency hospital with 50 beds, a consulting clinics complex, specialized centers, buildings for forensic medicine, research and studies, a blood bank, and a doctors' house.
The first phase of the project will be built on an area of 93 dunums, while the second phase will be built on an area of 39 dunums. link
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Tishwash: Forecasts of global economic variables and their impact on the Iraqi economy (2025-2030)
Samir Al-Nusairi
In light of analyzing the current situation of international economic, political and security variables and the extent of their expected impact on the Iraqi economy.
And with a close eye to the challenges and crises that the national economy has gone through, influenced by the economic crises that the major economic countries have suffered from, and the strategic conflicts between America and China, and the bias of some countries towards the American strategy to lead the world economically, and other countries moving towards the strategy of China and some emerging countries to establish a new international economic pole to confront American hegemony.
One of the most prominent consequences of this conflict is the global energy and food crisis, which has lasted for more than a decade and continues to plague countries with weak, poor, and rentier economies, preventing them from making a structural and comprehensive transition to emerging economies capable of withstanding the impacts of global economic conflicts.
Since mid-June 2014 and until the first quarter of 2020, the Iraqi economy has faced complex and cumulative challenges due to shifts in the global economy, the slowdown in global economic growth due to the US-China conflict, the COVID-19 pandemic, the fight against terrorism, the decline in global oil prices, which reached rates exceeding 70%, and the economic recession. Most countries around the world have been affected by these repercussions, which have had a profound impact on the Iraqi economy. What concerns us is the outcome of these repercussions and the expectations, impacts, and implications for the current economic reality in Iraq in the coming years and until 2030.
In light of the study and analysis, the following can be expected at the level of the global economic system and its repercussions on Iraq:
Firstly, it is expected that the growth rates of the global economy will decline significantly in the American economy and the economies of the European Union countries, China and Russia, but at varying rates. The economic recession will prevail in most countries of the world and this will be reflected in a slowdown in the growth of the gross domestic product by rates ranging between (4-10%) in the Arab oil-producing and non-oil-producing countries, especially after the countries of the geographical region entered new challenges due to the Zionist aggression on Gaza, the West Bank, Lebanon, Syria and Yemen.
This has created a new complex situation that will have negative effects on the national economy.
Secondly, the new global economic order that we expect to emerge in the coming years will inevitably take shape and will be under the clear economic and financial leadership of America and China. The Silk Road will be activated to include the countries through which it was planned to pass to revive their economies and will actually be completed. It is also expected that the development path will be completed and that there will be an important role for Iraq and the countries participating in the project and that this will have positive repercussions on the economy.
Thirdly, the philosophy of economic management will most likely shift from the capitalist market economy to the social market economy currently adopted as a disciplinary ideology, as in China and some other countries around the world. These are just early predictions, and the Arab economy will most likely be subservient to the new, larger and more economically powerful pole.
So what is required of economic decision-makers in Iraq in the face of these developments and changes expected to sweep the world? I see, with a penetrating analytical eye to the current economic reality, that we urgently need radical and comprehensive economic change and reform based on the following key axes:
First: Re-changing the map of national income resources by reducing dependence on oil as the main resource and activating other resources in the coming years to bring them to 30% of the total resources of the general budget.
Second: Radically and comprehensively changing agricultural, industrial, commercial, oil, energy and water policies by relying on local resources to ensure food and water security, encouraging, protecting and supporting local production, and developing programmes and strategies to protect consumers.
Third: Supporting, developing and stimulating the private sector and utilizing its capabilities, potential, capital and investments in building the national economy and involving it in economic decision-making and economic management.
Fourth: Developing clear strategies for coordination between monetary and fiscal policies, formulating clear financial policies, and restoring the foundations for preparing and presenting annual general budgets based on programs rather than items. Reducing the budget deficit to the legally specified percentage of the gross domestic product, as well as reducing domestic borrowing to the lowest possible level and avoiding borrowing from abroad at all.
Fifth: Completing the new methodology adopted by the Central Bank for banking reform and development and digital transformation in all digital fields, with a focus on implementing the Central Bank’s strategy, establishing the financial center, and using artificial intelligence in analyzing, ensuring transparency and accuracy of data for sound economic planning purposes and overcoming the challenges of instability in the financial and monetary systems.
This means developing coordinated and balanced plans to overcome the challenges of monetary policy, the challenges of the deficit in non-oil revenue, the deficit in the balance of payments and the trade balance, and the percentage of contribution of the productive sectors (the real economy) to the gross domestic product link
Mot: Guess Who!!! -- Sure Gets Around dont he!!!
Mot: A good listener
Bank Runs - What Are The Real Risks? | Dr. Judy Shelton
Bank Runs - What Are The Real Risks? | Dr. Judy Shelton
Liberty and Finance: 3-22-2025
Dr. Judy Shelton, former economic advisor to President Trump, discusses the risks and psychological factors associated with bank runs, emphasizing how rumors can escalate depositors to flee even otherwise solvent institutions.
She weighs in on a possible audit of US gold reserve at Fort Knox, and critiques recent government bailouts, questioning the long-term impact of deviating from laws like the Dodd-Frank Act to protect large depositors.
Dr. Shelton also critiques the role of organizations like the CFPB, arguing that depositors should be financially literate and understand the risks involved in banking.
Bank Runs - What Are The Real Risks? | Dr. Judy Shelton
Liberty and Finance: 3-22-2025
Dr. Judy Shelton, former economic advisor to President Trump, discusses the risks and psychological factors associated with bank runs, emphasizing how rumors can escalate depositors to flee even otherwise solvent institutions.
She weighs in on a possible audit of US gold reserve at Fort Knox, and critiques recent government bailouts, questioning the long-term impact of deviating from laws like the Dodd-Frank Act to protect large depositors.
Dr. Shelton also critiques the role of organizations like the CFPB, arguing that depositors should be financially literate and understand the risks involved in banking.
She highlights the growing reliance on non-bank institutions for financing, especially by small businesses, as banks focus more on government debt.
The interview concludes with a mention of her book, "Good as Gold," and its insights into monetary policy and economic risks.
INTERVIEW TIMELINE:
0:00 Intro
2:30 Fort Knox audit
6:30 London gold outflows
8:50 Dodd-Frank act
19:50 Who's protected?
25:25 Bank runs
30:30 Understanding banking risks
“Bits and Pieces” in Dinarland Saturday PM 3-22-2025
Gold Telegraph: It’s Happening Now, in Full Force
Friday, 21 March 2025
China plans to add to its strategic reserves this year.
What is on that list?
1. Copper.
2. Cobalt.
3. Nickel.
4. Lithium.
Gold Telegraph: It’s Happening Now, in Full Force
Friday, 21 March 2025
China plans to add to its strategic reserves this year.
What is on that list?
1. Copper.
2. Cobalt.
3. Nickel.
4. Lithium.
The world is scrambling to secure its future and many investors are sleeping at the wheel.
I called this years ago. Nations would increasingly turn to domestic gold production as a potential strategic move to safeguard their reserves from the erosion of fiat currency. That shift is no longer coming.. it’s happening now, in full force.
Yesterday, the United States announced plans to dramatically accelerate the speed and scale of mineral production on public lands, including: GOLD. For years, many in the United States dismissed gold as a “barbarous relic.” Talk about awkward…
I found this comment from Dr. Ron Paul — former three-time U.S. presidential candidate — especially powerful during our conversation:
“I think the biggest issue for the Federal Reserve is what they do in international finance… I think there are more bailouts than people realize. It’s all credit, it’s all digits. If you were on a gold standard, you couldn’t have all that mischief.”
One of the things I asked @RonPaul was if the United States still had all its gold reserves? Since the conversation… it looks like we are actually going to find out.
Watch the full conversation, here:
https://twitter.com/i/status/1903245034419523676
GOLD TELEGRAPH CONVERSATION #5: DR. RON PAUL "I think the country would thrive tremendously if we see it in moral terms and don’t have some Federal Reserve being the chief counterfeiter. It’s fraud." – @RonPaul Three-time U.S. presidential candidate Dr. Ron Paul joins me for Show more
https://twitter.com/i/status/1889741052665270319
https://dinarchronicles.com/2025/03/21/gold-telegraph-its-happening-now-in-full-force/
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Courtesy of Dinar Guru: https://www.dinarguru.com/
Walkingstick Trump is getting a delegation to go to Iraq to deal and talk about the oil and rare mineral earth minerals right IMO...probably next week.
Militia Man The Central Bank confirms they're ready to launch a digital currency. The central bank in my view has that infrastructure in place at the bank. It sounds like successes are already in place, allows them the ability to say things like, 'We're ready to launch digital currency.' And that's dinar...It's a big deal.
Tsunami of Homes about to Flood the Markets
Liberty and Finance:
In a recent appearance on Liberty and Finance, economist Michael Pento delivered a stark warning about the detrimental role central banks, particularly the Federal Reserve, are playing in fueling inflation and ballooning government debt.
Pento argues that the Fed’s policies, driven by the government’s insatiable spending habits, are not only exacerbating current economic woes but are also setting the stage for a significant crisis.
Pento’s core argument revolves around the idea that central banks, through their policies of expanding the money supply, are essentially enabling unsustainable government spending.
He contends that the Fed’s practice of monetizing debt – essentially buying government bonds – is a direct response to the government’s inability to fund its expenditures through legitimate means like taxation.
This, he claims, is not driven by a desire to serve the public good, but rather to ensure the government’s continued solvency.
Furthermore, Pento challenges the long-held belief in the “Fed put,” the notion that the Federal Reserve can and will intervene to prevent significant economic downturns.
He dismisses this as a fallacy, arguing that the Fed’s tools are limited and that their continued use is only delaying the inevitable reckoning. By artificially propping up the market, the Fed is merely creating larger imbalances that will ultimately lead to a more severe correction.
Looking ahead to 2025, Pento paints a grim picture. He predicts a period of anemic GDP growth, potentially tipping into a recession. This slowdown, he believes, will be compounded by factors such as rising tariffs, which will stifle international trade and further depress economic activity, and the decline of liquidity in the market.
Pento emphasizes that these conditions pose significant risks to asset prices. He cautions investors to be wary, suggesting that the market’s current valuation may be unsustainable in the face of tightening monetary policy and a weakening economy.
The potential for a sharp correction, he argues, is amplified by the very policies that were initially intended to prevent one.
In conclusion, Michael Pento’s analysis paints a concerning picture of the current economic landscape. He believes that central bank policies, designed to support unsustainable government spending, are ultimately creating greater economic instability and risk. His forecast for 2025 highlights the potential for a significant economic slowdown, urging investors to exercise caution and prepare for a potentially turbulent period ahead.
The key takeaway is that reliance on artificial monetary policy has its limits, and the chickens of uncontrolled government spending and inflated money supply are poised to come home to roost.
News Rumors and Opinions Saturday 3-22-2025
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 22 March 2025
Compiled Sat. 22 March 2025 12:01 am EST by Judy Byington
Global Currency Reset: (rumors)
Thurs. 20 March 2025: Private transaction platforms in Reno and Zurich have (allegedly) received direct confirmations that Tier 1 & Tier 2 payouts are FINALIZED.
Tier 3 & Tier 4B are(allegedly) next.
Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.
RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 22 March 2025
Compiled Sat. 22 March 2025 12:01 am EST by Judy Byington
Global Currency Reset: (rumors)
Thurs. 20 March 2025: Private transaction platforms in Reno and Zurich have (allegedly) received direct confirmations that Tier 1 & Tier 2 payouts are FINALIZED.
Tier 3 & Tier 4B are(allegedly) next.
If you’re part of the private groups, get ready now.
MILITARY MOVEMENTS CONFIRMED – SECURING THE TRANSITION! Intel sources confirm heightened security around key financial hubs. Private security details have been activated in Reno, Zurich, and Dubai. Special Ops teams are ensuring that NO foreign interference disrupts this monumental shift in global power.
THE FINAL PHASE IS UNDERWAY! This is not a test. The pieces are falling into place faster than anticipated. The old world is crumbling, and the new financial era is about to rise from the ashes.
12-24 HOURS REMAIN – STAY ALERT, STAY READY!
Thurs. 20 March 2025 Quantum Financial System on Telegram: The gold-backed financial system has (allegedly) begun. Reports confirm large payouts are(allegedly) moving FAST in Colombia, Zurich, and Reno. Bank screens are showing the new rates going up in value: IQD: $5.23 VND: $3.89 on Wed, but will be higher before released to general public. The system is nearly 90% complete. Notifications are set to (allegedly) drop ANY MOMENT.
Thurs. 20 March 2025 Bruce: The Dinar has (allegedly) revalued. Bond Holders were going into Reno and Miami (not Zurich or New York) to redeem their bonds and will likely have access to their accounts by Sat. 22 March. Tier4b (us, the Internet Group) will receive notification to set redemption appointments sometime between Fri. 21 March and Tues. 25 March.
Wed. 19 March 2025 Wolverine: Gold backed currency started Tues. 18 March. People in Colombia are getting paid on the bond.
Wed. 19 March 2025 Mike Bara: I have been told Zurich and Reno are paying out. I have reports that things were extremely active in Reno. Exchanging money, money flowing. Different groups of people from those we were hearing from. I have been told of people being paid in Zurich.
Wed. 19 March 2025 Jen: What we got on Monday is that most paymasters have funds to distribute. They will do so this week. Approximately 90% complete on other tiers.
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Global Financial Crisis:
Fri. 21 March 2025 We must audit the gold at Fort Knox, it’s been stolen. …Wall Street Apes on Telegram
Middle of the night gold shipments are heading from London back to America with “thousands of Gold Bars” trying to return them before an audit.
Clayton Morris “Over the few weeks, there’s been a secret operation to sneak gold back into Fort Knox before Donald Trump or Elon Musk get anywhere near it. US banks have been transporting gold from London back to New York with thousands of gold bars being moved outta the bank of England’s Vaults in recent months.
Look at COMEX gold vault numbers in the past few weeks. Skyrocketing why something is very fishy, hidden, unmarked shipments heading into Fort Knox under the cover of darkness.”
“If the gold was never missing, why are they scrambling like crazy right now to try to return it? Did the lying New York fed take all the bars in the vaults and then send them to London years ago so that they could lease it out or sell it outright to China?”
We need to End The Federal Reserve
Read full post here: https://dinarchronicles.com/2025/03/22/restored-republic-via-a-gcr-update-as-of-march-22-2025/
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 Article: "To reduce speculation, a Sudanese advisor reveals a new monetary strategy." Oh my goodness they're telling them everything. THE MONETARY REFORM EDUCATION REMOVES ALL DOUBT THAT THE IQD IS GOING INTERNATIONAL!
Bruce [via WiserNow] ...it looks like we could be delayed...till the weekend...until Saturday...or we could get pushed all the way to Sunday and get going Monday or Tuesday...All of this is in play right now because we don't know exactly where the rates stand as being solid on redemption center screens...I wish I could be more definitive...everything else is moving in the direction that we wanted to go behind the scenes...I'm excited about where we are guys. I wish I could give you an exact timing for this, but just hang in there and know that it's very, very close...
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The Iraqi Dinar Price Will Jump When Iraq Does This To The IQD
The Economic Ninja: 3-22-2025
