News, Rumors and Opinions Thursday AM 6-18-2020

TNT:

Cutebwoy:  Parliamentary demands to open an investigation into the delivery of the Iraqi treasury, which is empty of money

BAGHDAD – Mawazine News,   June 18, 2020

MP Raad Dahlaki, on Thursday, demanded that Prime Minister Mustafa Al-Kazemi and the House of Representatives open an urgent investigation on the handing over of the empty Iraqi treasury by former Prime Minister Adel Abdul-Mahdi.

Al-Dahlaki said in a statement received by Mawazine News, a copy of it, “The advisor to the Prime Minister announced in a press conference that the Al-Kazemi government received the Iraqi treasury and it contains only $ 300 million. Advertise it. ”

He added: “We are surprised by this dubious silence by the political forces, and we are wondering why this silence? Was it not better for those concerned to stand on the merits of this catastrophe? Why did everyone deaf his ears to the issue of the absence of a budget for this year?

Where did the Iraqi treasury money go? And we have left operations Liberation has suspended all investment projects, and there is an acute and significant shortage in providing services to the citizen, not to mention that the departments stopped for more than several months because of the spread of the epidemic, so how did the Iraqi treasury become empty.

And he stated, “It is a shame that we take the salary deductions from the Iraqi society and hold them responsible for the financial and economic deterioration taking place while we are silent towards other issues that were the reason for what we have reached,” calling on Al-Kazimi to take bold steps to return this country its money and dignity. Ended 29 / s

Courtesy of Dinar Guru   https://www.dinarguru.com/

Pimpy  ...a lot of people are coming to me saying, "Everywhere we go right now it's really hard to find Iraqi dinar."  ...Do not buy the ones with Saddam Hussein on there.  Do not buy the Swiss dinar...This is something very interesting I'm seeing happening a lot...This is XXXX [Dinar Dealer site]...when you go down here and you select your currency...there's a problem...they are out of stock of Iraq dinar.  They have zero.  None.  None whatsoever.  People are complaining...ZZZZZ  [Another Dinar Dealer] has not sent a lot of people's orders.  They are way behind.  They keep saying they're going to send them and they still have not sent their orders...be very careful about who you're dealing with...   [post 1 of 2.

Pimpy   If you live next to an International airport, most likely that airport will have a currency exchange center.  You can go there and buy your currency there...just Google it...I think there's a lot of speculators in here right now that are all anticipating the same thing we are.  That we are very close to the rate change getting ready to take place therefore you can't find it hardly nowhere... [post 2 of 2]

Bruce  [via WiserNow]   Now what is supposed to release is all new algorithms in place – all new rates on the screen and the Forex – and the bank screens...So that is what is looking good...You guys know that we never “call it”... I tell you what I’m hearing...whether it comes through as I’m speaking it or not is to be seen - but the information overall is very positive... Everything we’re hearing is pointing towards middle of the week...let’s see what happens – I’m pretty excited about the possibilities..

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Vietnam Dong News 06/17/20

Pimpy’s Investment News:  Jun 17, 2020

https://www.youtube.com/watch?v=8m_DrAfER2I

GERALD CELENTE ON COFFEE WITH LYNETTE

Streamed live 20 hours ago

It should be obvious to us all that the reset is already underway…..

https://youtu.be/oK66JURElvg?t=4

From Cowboy DownUnder - "Written from the Heart", sent to Recaps

Been awhile since I picked up a pen and wrote down my thoughts. I've been standing on the sidelines, watching everything from the cheap seats, staying out of the frey, because it has seemed like the only way I could keep my sanity for the last few years.

10 years I've been in this and I know others who have been in it three times longer then that. Sure does seem like long long time to wait just to help so many in such dire need that we have met along this road to the RV. Yet when I look back over that road many of us have traveled together,

I see nothing but rich and amazing personalities who have entered my life, become my friends and truly woven themselves into the fabric of my life. I know many of you know who you are and believe me when I tell you I am so happy for our friendship, for your writing, for your post, for your truths, for your visits in the chat rooms we have shared, for our conversations on the calls and for the times we have held each other up and cheered each other on! I feel truly blessed for our connection, for our friendships, for our agreements and even for our disagreements.

Over the years we have had a lot of ideas about how this journey might someday end but I am sure that no one here would have predicted the world events we would endure to get to the final day we stand in the redemption center and do our exchange. How strong and weak we have all been, pushed to our limits, patients tried, resources exhausted, hearts broken while watching others here pass away. Many of us reaching the end of rope multiple times as we wait and wait and wait together. All the while having to put up with those incessant Trolls, sent here with one mission, to get us to give up on our dream and just go away, to separate from each other for good.

Yet through it all here we still stand, believing in the good things coming, believing in ourselves, believing in each other, believing that our amazing projects will someday see the light of day, believing that together we will enter that promised land, where we will truly be called to step up and do the right thing. That our humanitarian projects big and small will make a difference for future generations to enjoy life in a better world, made that way because we stayed here and we did not loose faith. They threw everything they could at us, fear, hate, anger, jealosy, resentment, lies and more lies yet here we are, still standing in love, arm in arm, with I pray only our desire to "Do No Harm." Do not fall for their calls to pick up your weapons and harm each other. Do not believe that hate will win the day. Trust in the guiding light of God's greatest plan to light our way forward. You are all here for a reason that only you know. Trust that!

My own project H.E.A.L. (Heal Earth And Life) has so defined itself in the waiting, it has grown into a clear, concise, absolute and completely manageable project. Over the years of waiting the right people have entered the picture to make my task easier, the right political environment has developed, the need for it has only gotten greater and the clarity of why it is needed has completely shaped my view on what the world can be. Never in my Short Sweet Life have I felt more ready, more willing and more able to bring this project to a reality!

So for all of us and all of our projects, let's get this party started, I'll supply the music!

Cowboy on a beach in Waikiki ready for the perfect wave.

https://youtu.be/uDa0YmZD0Jk

Delta and KTFA Members "News and Views" Thursday 6-18-2020

KTFA:

DELTA:  Our valued customers ..

The Administration of the Iraqi Trade Bank would like to inform you that the new schedule of prices for bank commissions will be implemented as of  07/01/2020.

To request the new price schedule, please visit one of our branches. So it required notice ...

The Iraqi Trade Bank

MilitiaMan:  They are giving notice, like the notice that was given out recently for border fees, taxes, etc., and for shipping lines.. imo  ….With a similar time frame? Isn't that interesting. I suspect they'll need those prices changed prior to or at least when they re instate their new currency.. The interesting thing is they have the new pricing now, from the looks of it.. lol ~ MM

Samson:  By documents .. Al-Kazemi decides to keep Al-Fayyad and Al-Alaq in their posts

18th June, 2020

Prime Minister Mustafa Al-Kazemi decided, on Wednesday, to keep the head of the Popular Mobilization Authority, Faleh Al-Fayyad, the governor of the Central Bank, Ali Al-Alaq, and the director of the retirement board, Ahmed Abdul-Jalil, to continue working in their positions.

According to documents issued by Al-Kazemi’s office obtained by Al-Akhbariya, according to the approval of the Prime Minister, it was decided to continue assigning Faleh Al-Fayyad to continue running the affairs of the Presidency of the Popular Mobilization Authority.

In a separate document, it was also decided, and will continue, on the relationship to manage the affairs of the Governor of the Central Bank, as stated in another document, which decided to continue assigning Ahmed Abdel Jalil to conduct the affairs of the retirement board.   LINK

DELTA:  FAMILY I DID READ THE DOCUMENTS IN ARABIC ...ALAQ WILL STAY AND WILL HAVE THE FULL POWER OF CBI... BUT ONLY UNTIL 07/15/20..........LIKE I SAID ON THE PAST CC.........THEY NEED HIM UNTIL RI IS DONE.....SO IMO.......RI SHOULD TAKE PLACE IN BETWEEN ........AMAZING......GAME OVER...

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DELTA:  The United States negotiating delegation presented Iraq with the idea of using economic and financial experts to help the government develop the economy and move towards a market economy, which led the Iraqi government to agree."(wink)

"Iraq has begun negotiations with the International Monetary Fund (IMF) to borrow $5 billion to support the budget and correct the economy through a strong reform package (wink) similar to the credit readiness agreement Iraq signed with the IMF in 2015." 

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Samson:  A source reveals a recent visit by "Al-Kazemi" to America

17th June 2020

A well-informed source revealed, today, Wednesday, a close visit of Prime Minister Mustafa Al-Kazemi to the United States in the middle of next July

The source told "Gilgamesh Press", "Prime Minister Mustafa Al-Kazemi to the United States of America in the middle of next July at the head of a high-level ministerial delegation to resume the second round of Iraqi-American negotiations that started its first round on the eleventh of this month

He continues, "Prime Minister Mustafa Al-Kazemi will be at the head of this delegation, which will negotiate with the American side, and he will be met in the dialogue by the American Vice President with the Foreign Minister."   LINK

Don961:  Zain prepares for an era of encrypted transactions and codes by joining Hedera Hashgraaf's Board of Directors

Economie 06/16 2020 12:41 349 Editor: hr   
Baghdad today - Baghdad

Zain Group (Kuwait Stock Exchange: Zain) announced that it has joined the Board of Directors of Hedera Hashgraph, a network targeting the enterprise sector, and that is based on distributed ledger technology or "Distributed Ledger Technology" (DLT) that includes blockchain technology.

Zain Group revealed in a press statement that it is the first company in the region to join this project, in order to participate the largest community of innovators in the world, as Hedera Hashgraph Board of Directors includes international companies from all sectors: Boeing, Deutsche Telekom, DLA Piper, FIS (WorldPay), Google, IBM, LG Electronics, Magalu, Nomura, Swirlds, Swisscom Blockchain, Tata Communications, University College London, and Wipro.

Zain, which owns and operates 8 advanced telecom networks in the Middle East and Africa markets, explained that the tasks of the work of the Board of Directors (Hedera Hashgraaf) is to develop practical plans to ensure the reliability of work and lead decision-making, as Hedera Hashgraph provides the next generation of distributed accounts, which is Faster and safer than traditional blockchains.

The group stated that the project provides a new way for communities of individuals and companies whose members do not know each other or trust each other to cooperate safely and interact online without the need for a reliable broker, indicating that it is through this cooperation that it will gain innovative insights in its digital operations on trends and applications in areas Distributed Account Book (DLT), where you will be able to evaluate opportunities for future development of its products.

Zain stressed that as a leading international institution in the digital services sector, it is constantly looking for the best technological options that can provide new solutions for its individual and corporate customers, and that the (Hedera Hashgraaf) patented platform addresses environmental issues of global importance as Its energy system is extremely efficient, given that part of the energy used by the blockchain platforms is used. This trend is in line with Zain Group’s membership and commitment to the Carbon Early Detection Project, which provides a reporting framework to address climate change.

Its vision aims to focus on addressing four basic challenges of adopting a distributed book of accounts (DLT): technology, security, stability, and governance. In order to achieve this vision, it is required to be governed by a wide range of different sectors, distributed over geographical regions.

Distributed Account Book (DLT) technology uses a consensus algorithm based on hashgrave to allow multiple branches of blocks instead of one chain, according to a digital system for keeping records of owners of specific assets, and to ensure the balance of accounts, and this technology works in place of the centralized system used and recognized, This technology also allows everyone within this mechanism to view and approve transactions, as the system saves data dated for all transactions in the encrypted ledger record.

The Vice Chairman and CEO of the Zain Badr Group Nasser Al-Kharafi expressed his happiness for the Zain Group joining the Board of Directors (Hedera Hashgraaf) in which a list of the most innovative companies in the world is participating. Able to facilitate payments and file storage and support smart contracts, needed by the development of the digital economy. "

He continued, "We also hope that our participation in (Hedera Hashgraaf) will contribute to advancing technological innovations and areas of electronic commerce and the enterprise and business sector in the markets of the Middle East region, and also enhance our initiatives on the interface of our applications, through which we provide financial technology, e-health, The Internet of Things, fifth-generation applications, as well as drone solutions, are all areas of sophistication and improvement with distributed notebook technology. ”

 For his part, Chief Executive Officer of Hedera Hashgraph Mans Mans Harmon said, "We are delighted to join Zain Group in the company's board of directors, due to its long track record of initiatives and innovations in the Middle East and Africa markets, where it possesses a rich balance of services and advanced products in the digital services sector."

It is worth noting that the Board of Directors of Hedera Hashgraph will work on drawing the technical roadmap for the network, and will provide commercial expertise to manage commercial operations, the necessary expertise in the fields of economics and currency markets to manage cryptocurrencies, in addition to legal expertise to help navigate the evolving regulatory environments in the global markets. Management to build decentralized governance of distributed notebook technology.  LINK

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Don961:  Al-Kazemi is in a "critical situation" .. Iraq needs a "miracle"

Free / Private - Washington June 17, 2020

In the darkest conditions that passed in Iraq, there was always abundant money flowing in the hands of the government, often used to boost security spending or create jobs, which would later lead to stability, albeit shaky, of the situation.

However, according to economic and security professionals who spoke to Al-Hurra, the "current crisis is very dangerous" and threatens countries that have not known long-term stability, perhaps since the 1950s.

"When there is money in the hands of people, other problems are more likely, but the economic threat is what makes people make desperate choices," economist Pioneer of Tribulation told Al-Hurra.

At this time, the government of Mustafa Al-Kazemi, which many expected to be a rescue government, faces very big problems, perhaps the most important of which is the decrease in Iraq's financial imports and the pressure that the private sector is exposed to due to the procedures to confront the Corona virus.

"This is a global problem," says the ordeal, "but in Iraq the situation is more dangerous. Years of dependence on the rentier economy and the lack of revitalization of the economy and the adoption of an appointment policy in order to silence people paralyzed any ability of the Iraqi economy to face challenges."

Over the past years, many small investments have been closed under pressure from import subsidies that the state was indirectly doing, because of its support for dollar prices.

Now, thousands of hectares of farmland have been lost, thousands of small factories closed, and craftsmen have closed their stores due to import, "everyone relied on the government salary," says the ordeal.

Building an economy from scratch is an almost impossible task even in countries that enjoy stability and resources, and the task is more difficult in Iraq, whose government appears to be the weakest player in it.

"Any initiative to impose security will collide with the will of parties and militias, and with corruption, which are often one thing," says security journalist Abdullah Al-Muhammadi.

According to al-Muhammadi, "parties and militias control border crossings and ports, and run an active smuggling trade that is devastating to the Iraqi economy and security, and that weapons and people pass through the outlets for amounts of less than $ 200 per person."

And Muhammadi adds to the "free", the government can not impose security "by using its army torn allegiances, or by using its police, which is controlled by militias and parties, especially since the prime minister who used popular officers to manage security centers, may himself become a hostage of those officers who protect him" From the power of the militias that threaten him. "

Al-Kazimi was subjected to serious accusations and threats by the militia even before he was voted on in Parliament, as he was accused of facilitating the American bombing that led to the killing of Qassem Soleimani and Abu Mahdi Al-Muhandis in early January, near Baghdad airport.

Political analyst Samer Saad told Al-Hurra that “the decisions that Al-Kazemi must first need to be studied in depth, and it is clear to Al-Kazemi through recent decisions that he does not like this type of decision and prefers decisions that have media repercussions.”

According to Saad, "Al-Kazemi does not face opposition in parliament, but he also does not have support in him. He does not have the papers that allow him to win this support, and he may be thinking about a political future for this, so critical options may not be presented at this time."

"In addition to this, the media machine of Shiite parties and militias harnesses its capabilities to attack it and it does not have the support of civilians and secularists even though it is accountable to them, so it is in a critical situation," Saad said.

Iraq is currently facing a stifling economic crisis and a very large health crisis, in addition to its "chronic" security and political crises.

"We need some kind of miracle," says political analyst Samer Saad, "but unfortunately miracles usually happen late."

Free / Private – Washington   LINK

Don961:  Two political analysts respond to the announcement of the "empty treasury" that Abd al-Mahdi left ... One of them holds Al-Kazemi responsible for his escape

Policy  ,   06/1920 2020 04:47     Baghdad - Iraq today:

When Hisham Dawood, Adviser to the Prime Minister, Mustafa Al-Kazemi, revealed that the new government received from the previous government of Adel Abdel-Mahdi, an empty treasury in which there is only $ 300 million, and this came in a tape recorded by a press conference, in which he reported information that Adel Abdel-Mahdi And his government, they left the state treasury empty, and the country needs everything, especially as it has a serious global epidemic, and it has many requirements, as it is waging a fierce war against terrorism.

Many elites, political experts and bloggers commented about this dangerous disclosure, as some of the specialists praised the government's initiative to disclose and announce what is in the treasury, where blogger and activist Walid Al-Taie considered it a good thing, because this is the first time that the government reveals what it has in the treasury, which is In fact, it reveals that Al-Kazemi’s government is confident in itself, and in its plan that I have planned for the next job.

As political analyst Ehsan al-Shammari said in a tweet to him, "It is only Abdel-Mahdi who has accomplished (the empty treasury) who can bear what the financial situation has reached at present."

As for the former adviser to Abd al-Mahdi, who left when Abd al-Mahdi was prime minister, writer and politician Laith Shubbar, he has another opinion, where he said in a tweet, through which he addressed al-Kazemi, saying: “Your predecessor gave you an empty treasury and rewarded him with praise, a huge pension, and let him flee To Arbil instead of being imprisoned by him and his aides, for the crimes he committed, his mismanagement of the state and the loss of Iraqi money. "   LINK

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Samson: Parliamentary Integrity: Iraq has property and real estate abroad, of which nothing is known

17th June, 2020

Member of the Parliamentary Integrity Committee, Abdul Rahim Al-Shammari, confirmed today, Wednesday, that the Parliamentary integrity has documents about financial waste in state properties, in addition to Iraq owning property and real estate abroad, nothing is known about.

Al-Shammari said in a statement to "Degla Satellite TV," that "the border crossings outside the control of the state and corruption are dominated by them," noting that Iraq has properties and real estate abroad unknown about anything and there are no things whose nature can be inferred because of the corrupt, although we addressed the Ministry Foreign, but did not respond."

He described the government's attempts to prejudice the salaries of employees and retirees as "unfair", stressing "the need to find alternatives to other alternatives to prejudice the salaries of employees and retirees." He pointed out that "many MPs have opened the file of state real estate, which is in the hundreds and has been granted to the parties at low prices", wishing Al-Kazimi to "take care of this important file and work on it."

Al-Shammari believed that "if the border ports and airports are used correctly and without corruption, they are considered an approach to oil in terms of financial resources, but unfortunately there is widespread and widespread corruption in the file of the ports."  

It is reported that Prime Minister Mustafa Al-Kazemi has pledged his government program to eliminate corruption and hold corrupt people accountable.  LINK

Where Should You Keep Your Emergency Fund?

Where Should You Keep Your Emergency Fund?

By AJ Smith

We have all heard and (hopefully) heeded the advice to keep between three and six months' worth of expenses aside as an emergency fund. Even if you feel like you have a handle on budgeting for your day-to-day expenses, what happens when the unpredictable hits with the potential to set your finances back?

This stash is not meant for buying a home or going on a trip, it is for real emergencies. It's a good idea to make growing an emergency fund a priority and where we keep this money can make a big difference.

It's important for the money to be accessible, but it can also be earning interest while waiting to be tapped. If you are building up your emergency fund and looking for a better place to keep it than under the mattress, check out these options of places to park your emergency fund.

Online Savings Account

Traditional savings accounts can be great for those of us who like to play it safe, but interest rates will not do much for you. Online banks do tend to offer slightly higher rates and lower fees so you could see a little more growth.

Furthermore, it's important to keep your emergency savings fund away from your normal checking account so you have some separation between your spending cash, cash for other savings goals and your emergency cash.

Money Market Account

This is a common place for emergency funds for those looking to get better interest rates. They are similar to regular savings accounts in terms of FDIC insurance and limits on the number of withdrawals you can make each month, but typically require a higher minimum deposit and they sometimes carry higher fees. It's a good idea to read the fine print before choosing which account to keep your emergency fund in.

To continue reading, please go to the original article here:

http://finance.yahoo.com/news/where-keep-emergency-fund-113007957.html

The Real-Life Secrets of Millionaires

The Real-Life Secrets of Millionaires 

By Kimberly Palmer

 Several years ago, New York Times Wealth Matters columnist Paul Sullivan opened up his finances to a group of high-powered, high-net worth investors known as Tiger 21. Members gather regularly to discuss investing strategies and at one meeting, Sullivan asked them to critique his own -- relatively meager by their standards -- financial life.

"Given what I do, I thought [my wife and I] had a handle on it, but what I learned from that meeting is that we hadn't thought enough about the risks in life," Sullivan says. Those risks include declining incomes and the unexpected death or disability of a household wage earner.

As a result of that meeting, Sullivan and his wife took out life and disability insurance policies and sold off a condo in Florida that had been a vacation home for the family.

"They were so direct and harsh about that being a possible drain, if we weren't able to sell it if something bad happened. That was a wake-up call," Sullivan says.

The lessons he absorbed from that wealthy, exclusive group of over 300 members across the U.S. and Canada led Sullivan to write his new book, "The Thin Green Line: The Money Secrets of the Super Wealthy." The title refers to the security that can come from knowing you're prepared for a negative event, like a layoff, no matter how much money you have or earn.

"The people in the book who I call wealthy, whether they're a teacher or a hedge fund manager, are wealthy because they have security. They have behaviors around money that let them be in control of their lives when something bad happens," he says.

Those behaviors, Sullivan says, can be learned or even adopted later in life. As someone who grew up without much money, he says it took him a long time to have a healthy relationship with it.

He would avoid credit card debt and overspending so assiduously that he often wore threadbare clothing and skipped even affordable purchases he would have enjoyed. "You should be able to spend money on things you enjoy. If you love $4 Starbucks lattes, then buy it," he says.

If you're looking to adopt some secrets of the wealthy, Sullivan suggests the following strategies:

To continue reading, please go to the original article here:

http://finance.yahoo.com/news/real-life-secrets-millionaires-130000578.html

Wednesday Night X22 Reports 6-17-2020

This Is Not About The [CB] Economy, It’s About The Transition - Episode 2202a

X22 Report:  Jun 17, 2020

The economic buildup that we are watching coming out of the pandemic is not the economy the patriots are creating.

The [CB] economy is an illusion made up of fake stats, manipulated markets and suppressed precious metals market.

Trump is using this to get to the next level.

https://youtu.be/4p8lCMfnF6Y?t=6

What We Are Witnessing Is A Coordinated Insurgency, Operation COIN Is Underway - Episode 2202b

X22 Report:  Jun 17, 2020

The [DS]/MSM are in the process of destroying themselves.

The COIN operation is underway, the people are watching, the silent majority is growing.

 More and more of the swamp is resigning.

The "How" is coming, it most likely will not be an all out assault by the DC, it will be an all out assault by the people.

The narrative cannot be one of a dictator, it must be the people, the people will be the final push.

https://youtu.be/S1FRb25tcww?t=2

Jim Willie, Pimpy and Currency365 Wednesday Evening 6-17-2020

Jim Willie: Holding US Economy Hostage As Experiment Goes Horribly Wrong

Silver Doctors:  Jun 16, 2020

The system began breaking down about eight or nine months ago, and both the forces of good and of evil noticed.

The US economy is being held hostage, but the Patriots are winning, Jim explains... Jim Willie joined Half Dollar today for a robust discussion on a variety of topics from discussion on the economic shutdown of the US to how we come out of this social and financial crisis not only in-tact, but winning!

Some of the things discussed in today's show include (presented in the form of questions): What in the world is going on with the lockdowns, the shutdowns, the re-opening, and this in general?

The US economy is being held hostage? This is the biggest scandal in modern history, even bigger than world WWII?

What is to become of the US economy?

The good guys are winning, and will win? What will become of the future for humans to get out of the rout we're in?

For discussion of those topics, and a whole lot more, tune-in to this interview in its entirety

Check out Jim Willie's awesome work at golden-jackass here: https://www.golden-jackass.com/

https://www.youtube.com/watch?v=1a2KQIaePoY

Iraqi Dinar News 06/17/20

Pimpy’s Investment Chat:  Jun 17, 2020

https://youtu.be/iYZX8RipcLs?t=4

C365 & TC "Dow 20,000 Key For Dinar RV & Wealth Transfer"

Jun 17, 2020

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

C365 Intro/Footforward "Dinar update/Dong RV's On A Thursday?"

June 17-2020

https://youtu.be/5Dx6cza8N8k?t=2

What to Do When You Inherit Your Parents' House

What to Do When You Inherit Your Parents’ House

Advice for selling it, moving in or renting it out  used 6-17-20

By Craig Venezia July 1, 2019

Boomers stand to inherit upwards of $27 trillion over the next four decades, according to The Center of Wealth and Philanthropy at Boston College, and a portion of that includes the house their parents lived in.

But when that house becomes yours, figuring out what to do with it can present financial and emotional issues. If your siblings are involved, things can get even trickier.

“There are three basic paths you can take,” says Bruno Graziano, a senior estate planning analyst with Wolters Kluwer, CCH. “Sell the house, move into it, or rent it out.”

Here’s advice for each scenario:

 Selling Your Parent’s House

A few years back, when Ken Levy, 70, and his brother inherited their mom’s condominium in Dallas, Texas, they pretty much knew they’d sell it.

Since the condo had appreciated in value during the nearly 10 years their mom owned it, the Levy brothers looked at recent comparable sales to price it right and to agree on a minimum amount they’d accept.

In spite of the appreciation, the Levys knew they’d most likely avoid owing capital gains taxes on the sale. “Beneficiaries receive a stepped-up basis, which is the property’s fair market value at the date of the parent’s death,” says Graziano. “When you sell, you only pay taxes on gains over that basis.”

Looking at comps and deciding on a minimum price, as the Levys did, are good ideas if you plan to sell your parent’s home. You’ll also want to make sure the homeowner’s insurance is paid up and the estate or trust is named as the insured, in case anything happens to the home between your parent’s death and the sale.

The same is true of mortgage payments (if any), property taxes and utility bills.

Once the property sells, you’ll need to pay any remaining mortgage balance along with any real estate commissions, transfer taxes and other closing costs.

Moving Into Your Parent’s House

To continue reading, please go to the original article here:

https://www.nextavenue.org/what-do-when-you-inherit-your-parents-house/

"Your Money & Your Affairs Post-RV"

"Your Money & Your Affairs Post-RV"

From Recaps Archives

By  FXStrategist at WSOMN

As a former financial planner and market strategist (equities, derivatives, FX, risk management), I would like to share my current thinking concerning managing one's money and affairs post RV.

THESE ARE ONLY MY OPINIONS and contemporary CONCLUSIONS! I am not a licensed investment adviser and I am an amateur student of NESARA and its consequences.

This is not professional advice but rather my conclusions and thoughts developed over months of research, strategizing and thinking with my small group, and planning and consulting with existing banking and investment contacts. Please take this all as one person's posture as of this moment in time. I hope it helps in even a small way.

 ...

WHITE GLOVE TREATMENT:

Bank wealth managers will not only advise you but implement virtually everything you will need. That includes security (personal, home, digital) and virtually anything you need. White glove.

CHANGING INVESTMENT ENVIRONMENT:

We won’t know until we see the timing of NESARA about taxes or investments. Were NESARA to be implemented any time soon after we exchange, it will change the landscape dramatically rendering many recommendations emanating from THIS reality either inappropriate or riskier than before. I will avoid the securities markets, including overnight short-term instruments in the days after exchanging and annuities (covered in another point below).

NESARA = NEW RULES:

NESARA and the new technologies (energy, health) will change corporate structures dramatically. Entire industries may become obsolete with the sudden and welcome emergence of new health and free energy technologies. The new paradigm masters will not let you lose whatever you currently have invested in those markets, but don’t rush into them post RV. Wait and see. You’ll have time to observe and gauge.

TAX AND LEGAL:

Tax and legal advice may also change dramatically with NESARA. Professionals will have to receive all new training and education. I look for flexible minds who can grasp the new paradigm and learn the new rules quickly. The bank will have people on hand for you until you find someone you like.

FAMILY OFFICES:

Do ask about family offices. There are individual and multi-family offices. You can join existing family offices or form your own. Your wealth manager will know about these. There are minimums ($25-$50 million?), so check it out with your own Wealth Managers. No need to learn all about them now before the RV. So don’t think you have to educate yourselves right this minute

PRIVATE BANKS:

Look into private banks. They are already predisposed to handling the UHNW (Ultra High Net Worth) individual and have dealt with most of your impending needs and questions multiple times. They hold your hands and spoon feed you. You have no idea how beautifully you will be cared for.

GOLD:

If you consider gold and silver, get the advice of an expert. I have already received an investment recommendation from such a resource that is also knowledgeable about NESARA. Their recommendations are specific and market savvy and even counter-intuitive. Inform yourselves. 

ANNUITIES:

Possibly no longer the panacea they've once been. They have been recommended as safe insurance products here and elsewhere by non-investment professionals; but the insurance companies can afford those handsome tax-deferred returns how?

By investing your money in the securities markets while counting on insurance contract premiums as backup. They used to be considered very safe tax-deferred investments that never defaulted. Will they still be? Will insurance companies’ premiums and the underlying markets continue to exist the way they do now? I do not know, but I will not consider these vehicles.

BANK RETURNS:

You won’t really need annuities anyway. Banks will be offering you +/- 10% for time deposits (ask for more that you are offered — the banks will receive 20-30 times the dollars they "give you" for your exchange when they turn around and sell your currency back, so they’ve got plenty of headroom). And if NESARA passes (maybe weeks after our RV?), taxes will be moot so tax-deferred income (usually lower) will no longer be a goal.

EXCHANGE EVENT TAXES:

Keep tax money on hand (how hard will that be?) until we know for sure the tax treatment of our exchange. NESARA will obviate today’s high capital gains or investment income rates. But there could be a special tax — who knows? Be conservative until you know.

SAFE "NEW" BANKS:

The new banks will not be run the same way as the existing banks. Overnight, the evil stepmothers go away and will be replaced by fairy godmothers. They will be new-fashioned, legal depository institutions, and loans and other activities will not entail risky, usurious, or profit-driven behaviors.

Interest is illegal (now) and will go away (NESARA). The banks will make plenty of money in this exchange and will be financially robust and designed to serve us. Who knows what they’ll actually look like? It will not be the way they look now.

THE "RIGHT" RATE FOR YOU:

Regarding Josef’s wise counsel about how much to negotiate for in terms of available rates, here are my thoughts. Most of us bought amounts of currency that we could afford and which would give us returns we felt fit our personal profiles, goals, and life situations.

That changed over the past few months as rates of exchange have skyrocketed as much as ten times (or more) our original expectations. Some have continued to purchase highly leveraged currencies that have also exploded in terms of exchange rates.

A millionaire has become a ten-millionaire; a ten-millionaire has become a hundred-millionaire, &c. This does change your profile in the post-RV world.

How do you even give that kind of money away to the people and projects you know about? What if you’re not well-connected in the investment world? What if you don’t know how to manage projects on your own to ensure success and to make sure your desired outcomes are indeed taking place?

VISION GIVING:

As I posed this entire discussion via Josef (from a WingIt call) to my small group, I saw a “Housing First” video that freed up my own thinking. Big real estate projects like housing or new institutions — to help the homeless, the disenfranchised, the mentally ill, the co-morbidly ill (physical & medical), people with substance problems, single parents, poor children, people in crisis — need big funding.

 The world is in need of huge infrastructure improvements and healing from pollution and earthly degradation. Projects such as these may seem beyond you to design, fund, and run. No need. You will be able to find and fund these projects via the family office system and new communities of project-sharing.

Other people can put together and run new projects that don’t even exist now, including your own pet ideas; and through your OWN NEW NETWORK of professional advisors, you can tag along.

Projects being proposed and funded at Landa China and Zap can give you a taste of what needs to be done in the world. You will not have to wake up at night and worry about how to distribute your funds. Projects will come to you. You will have the joy of directing your funds to projects you care about in your hearts without tossing and turning and going it alone at the drawing board.

INITIAL ACTIONS:

Whatever you worry or think about in this sunset of the old paradigm may not even exist in the new paradigm, so don't go nuts trying to figure it all out now.

Make your exchanges, receive good guidance concerning the construction of your account arrays at the bank, ask about family offices and professional (tax and legal) counsellors (flexible thinkers), park your money (probably just in the “new” bank for the immediate future), and give yourselves time for things to unfold.

The interest you’ll be earning immediately will pay for your wants, needs, and desires. Satisfy them first, and then help others. We are meant to be fulfilled.

FULFILLMENT FIRST:

Like the oxygen mask in the plane, put yours on first and then attend to your "children." Our fulfillment is a prerequisite to being in the very best energy to best relieve and fulfill others — and the world.

Learn how to give and how not to give (see Oprah and Elizabeth Gilbert, and consult your team). Giving large amounts of money outright to people can have unintended negative ripple effects.

Pay their bills, give them “gift amounts” ($14,000 per gift tax free to you and them, at least for now) that will make sense to them, and buy yourself some time to set up trusts, arrange for anonymity, get your own security in place, and learn how to help in appropriate and constructive ways.

No need to figure it out now. “Your people” will help and guide you, as will our ongoing community of sharing and comparing notes!

THERE ARE NO MISTAKES:

What will happen is what is intended to happen FOR you. Quell your fear and trepidation. Embrace and enjoy the ride. You’ll be helped all along the way. You simply haven't had these privileges extended to you before so, again, you have no idea how beautifully you will be taken care of.

RELAX!

You’re prepared. You’re ready. You’ve done it. The relief you feel may wipe you out. Get used to your new status, take a vacation, buy your new home and car, take care of your health and that of others, address emergencies, and enjoy!

Once you’re in the new realm of wealth and communing with other similarly blessed people, you will adjust to your new mindset along with the beautiful intentions you each have to help the world. We will be here for one another.

Go get ‘em! I say take as much money as you can. Let your professionals smooth the way and do the work. You’re “Executive Producers,” providing the funding for the projects that others will propose, shape, and run.

There is nothing to fear, and there is no way to lose.

And, of course, if this all makes your heart palpitate and you are feeling the lower market rates are more your size, by all means, trust your inner guidance, your “withinity.” Your “withinity” — your higher self, your divine guidance, your God — is your true and constant partner and ultimate arbiter of all decisions.

Go into your heart. Be still and know you are God.Blessings to all of you, and gratitude for your intel, encouragements, and camaraderie!

Blessings to all of you, and gratitude for your intel, encouragements, and camaraderie!

KTFA Members "Wednesday News" 6-17-2020

KTFA:

Samson:  Deputies expected a comprehensive and final agreement between Baghdad and Erbil this week

14th June 2020

The decision of the Parliamentary Finance Committee, Ahmed Al-Saffar, revealed today, Sunday, that a delegation from the Kurdistan region will visit Baghdad this week, noting that "the negotiating paper includes discussion on all outstanding issues as the two parties work hard to conclude a final and comprehensive settlement."

Al-Saffar said in a televised statement, "The date of the delegation's visit is related to the government's decision, but it is assumed that the visit will take place during this week, because this last opportunity and there are only 8 days left from the end of the previously scheduled date to reach an agreement, indicating that the meetings will be held with the ministries of finance and planning. And oil to resolve differences under one package."

He explained: "In our last meeting with the Ministers of Finance and Planning and the Central Bank during their hosting in Parliament last Wednesday, they asked the House of Representatives to agree to foreign and domestic borrowing, and when I asked about the share of the Kurdistan region, the response was that this matter does not include Kurdistan, and that it must be addressed through Concluding a separate agreement, and indicated that the parties prepared their papers and will meet during this week to reach the agreement, and they were optimistic about the possibility of reaching an agreement.

He continued that the negotiating paper includes all areas, including oil, employees, customs, issues mentioned in the constitution and the Financial Management Law No. 6 of 2019, to determine the competence of each party, stating: “If the debts in each side are calculated in the interest of the other, then this will create a problem and will not lead us to any As a result, so they decided not to go back, but to start again, and the two parties are working hard to conclude a final and comprehensive settlement."

He stressed that "these meetings will not be the first of its kind. Rather, since the beginning of the formation of the government, the head of the Kurdistan Regional Government, Masroor Barzani, visited Baghdad and expressed his readiness to solve the differences. The delegation also visited the Iraqi capital several times, and there reached very good agreements signed by the two parties but The resignation of the previous government and the outbreak of protests prevented its implementation, "explaining: "

Therefore, the delegations of Baghdad and Erbil will meet this week to conclude the final agreement, given that the Iraqi government asked the Kurdistan Regional Government to provide some data and information, which was approved by the Kurdistan Region, and I believe that this upcoming visit is sufficient to reach a final result."

In response to a question about the date of sending the Kurdistan region's share of the budget, Al-Saffar stated that "Iraq is currently unable to pay the salaries of its employees, as the operating expense is 6 trillion and 500 billion, while the current revenues do not exceed 2 trillion and 500 billion, meaning that the deficit reaches 4 trillion."  LINK

MilitiaMan:  This might be of some encouragement. 2019 FML is something to have close to the chest. They are keeping this tight! imo It is what we are all waiting on .. As is everyone in Iraq and around the world.. imo ~ MM

Don961:  Video .. Shocking statement from Al-Kazemi’s advisor: There is only 300 million dollars in the Iraqi state’s treasury

2020-06-17

Yassin Iraq: Baghdad

Hisham Dawood, adviser to the Prime Minister, Mustafa Al-Kazemi, said that the new government received from the previous government of Adel Abdul-Mahdi an empty treasury with only $ 300 million in it.

"Adel Abdel Mahdi and his government have left the state treasury in this vacuum, and we are facing a country that needs everything and has a grave global epidemic, and we have many requirements and are fighting a war against terrorism," Dawood said in a recorded tape from a press conference, shared with "Yass Iraq".

video link

My discontent

Elites and political experts close to the ruling administration in Iraq commented on the file handing over the previous government of Abdul-Mahdi the treasury of the empty state to Al-Kazemi.

The political analyst, Ihsan al-Shammari, said in a tweet shared with “Yassin Iraq” that “Adel Abdel Mahdi, the accomplished (empty treasury), is the only one who bears what the financial situation has reached at the present time.” 

As for the former close associate of the Abdul-Mahdi government and later departed from it, Laith Shbar, in a tweet addressed by Al-Kadhimi, confirmed, “Your predecessor gave you an empty treasury and rewarded him with praise and a huge pension and left him to flee to Erbil instead of saying goodbye to him and his associates because of the crimes he committed and mismanagement For the state .. and the loss of Iraqi money.  link

************

Samson:  Within 15 days, thousands of accused and wanted persons were arrested in Rusafa

17th June 2020
Today, Wednesday, the Baghdad Police Command announced a bi-monthly tally of its activities within the Rusafa police sector, while referring to the arrest of thousands of accused and wanted persons.

"During the past 15 days, Baghdad police station in Rusafa arrested 5327 accused according to various legal articles, as well as arrested 71 wanted persons according to Article 406 killed," Major Director of Relations and Media flags Major Aziz Nasser said in a statement.

She added, "The detachments also arrested a group of defendants who attempted the so-called tribal deck, as well as a group of those accused of terrorism cases."   LINK

Samson:  Experts Discuss IBBC's 'Iraq 2020: a Country at the Crossroads'

17th June 2020
IBBC Advisory Council's discussion goes public on the white paper 'Iraq 2020: a country at the crossroads.'

Today over 300 people signed up the IBBC Advisory Council's public discussion on the white paper - Iraq 2020: a country at the crossroads, sponsored by Iraq Business News ( IBBC media partner)  and in conjunction with Chatham House and IRIS at AUIS.

With a full panel of 6 advisors and commentators, including Ms Maya Gebeily of Agence-France Presse, Mr Ahmed Tabaqchali of IRIS at AUIS, and the key advisory panel members led by Professor Frank Gunter of Leigh University, Dr Renad Mansour, Fellow at Chatham House, Mr Hani Akkawi of CCC and Professor Mohammed Al-Uzri, University of Leicester University. Mr Christophe Michels, MD of IBBC chaired the discussion.

The key points were delivered by Professor Gunter, including, the necessity to provide:
1. Strong cross-party political support to GOI for its initiatives;
2. Transparency to build support and trust among the people and to stop corruption up and down the system.
3. GOI acceptance of the limits of its ability to control and centralise economic activity - and afford to make space for the Private sector.

Dr Mansour made critical points about the importance of the political economy and the requirement to listen and understand the needs of the protestors and conversely the protestors ability and requirements of government to make changes, along with the difficulty in enacting reforms while the public sector has too much invested in its continuation.

Mr Hani Akkawi, made an unmissable point about the opportunity for areas of industry to be returned to the private sectors, such as electricity, water, fertiliser and transport, that would not only raise finance, but help efficiency and productivity.

Underpinning the report are 5 key action points and a further 38 recommendations that the GoI may be able to make to address the economic crisis that faces the country, including; business deregulation, inclusion of the informal business sector into legal acceptance, ending subsidies on electricity and water production, an improved banking system with credit for private sector businesses, an anti-corruption drive and dealing with COVID-19 without jeopardising the private sector.

1.5hr video in English -  Please see the full webinar here

Click below to read the full paper:

Iraq 2020: a country at the crossroads - English   LINK

Santa Surfing "Nesara/Gesara Part 21-All Items Checked!" 6-17-2020

NESARA / GESARA Part 21 - All items checked!

Santa Surfing Beach Broadcast:  June 17, 2020

NESARA laws initially outlined the following 20 items and proofs are listed below:

Let's check off all the NESARA proofs now as of June 16, 2020 (See "X" next to item number for action on it):

Our Transition to Greatness is going to be phenomenal and based on what President Trump says, it is happening right now!

Thank you President Trump!!!  Peace is the prize!

Juneteenth is June 19th.  Also known as “Freedom Day”, “Jubilee Day” and “Cel-Liberation Day”. This is an American Holiday celebrated on June 19th . It memorializes June 19, 1865 when Union General Gordon Granger read orders in Galveston, TX that all previously enslaved people in Texas were free..

Also the Day of President Trumps first big rally will be held in Tulsa, OK after the pandemic lock down. .

NESARA / GESARA Part 21 - All items checked!…. Full Transcript, tweets, videos:  https://beachbroadcast.com/whats-happening/f/nesara-gesara-part-21---all-items-checked

Santa Surfing Beach Broadcast other Videos:  https://www.youtube.com/channel/UC0v7VUtxrPnQWPgZx-WSzgw/videos

https://www.youtube.com/watch?v=rtT0BVhVLdc