Bix Weir and Jim Willie Sunday 6-28-2020 "Wake Up America"

Bix Weir

Wake Up America! It's Time to Decide Our Future!!

RoadToRoota:  Jun 27, 2020

ARE YOU READY FOR THIS AMERICA? We have arrived at a point in our nation's history that will define how our future will unfold.

There are now only two Roads left to take:

The First Road continues our relentless pursuits of power, control and manipulation that can only spell destruction in our future: destruction of our liberties, destruction of our prosperity and destruction of our moral compass. For too long our CONTROLLERS have lied, cheated and stolen their way to the top only to discover that WE THE PEOPLE have been left behind in the process.

The Second Road completely destroys the global fiat monetary system erasing all forms of false wealth, false power and false governance. It is truly a Creative Destruction Event that has never been witnessed in the history of mankind.

All paper and electronic debt forms of wealth will evaporate in the blink of an eye completely leveling the playing field in order to rebuild our monetary structures from the ground up.

It is a lesson to be learned the hard way but it is a necessary lesson in order to create a new future for our country. A future built on hard work, complete honesty and good will towards others.

 Down this Road our Founding Father's ideals patiently await our return... "We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness."

Our Country is standing at the Crossroads…the only question left is which Road we will Choose? May the Road you choose be the Right Road. Bix Weir

https://youtu.be/CRCapXUh3-s?t=3

Jim Willie : Why Gold Will Rise & Rise

William Mount:  Jun 26, 2020

https://youtu.be/kSphgdRNOsw?t=8

Restored Republic via a GCR- Rumors as of Sun. June 28, 2020

Thank you Judy

Restored Republic via a GCR: Update as of Sun. 28 June 2020

Compiled Sun. 28 June 2020 12:01 am EDT by Judy Byington

Judy Note: (rumors) A Fri. 26 June afternoon Department of Defense Update confirmed that a new RV rollout schedule had been finalized and set in stone: Fri. evening 26 June through Tues. 30 June.

They had until Mon. 29 June to do the arrests. The 800#s release for Tier 4b was slated for Tues. 30 June. In Canada financial agents were told and confidentiality forms were signed to prepare for a “financial blackout” July 2 through July 9. Flynn testimony was about to take down the Deep State.

Sat. 27 June 7:00 pm EDT: Fleming’s Military Intel Contact said that as of 7 pm this evening EDT Sat. 27 June the Department of Defense and US Treasury sent a release to keep everything moving forward as audits were passing and arrests were preceding Behind the Scenes. All was still on track.

There were numerous reports of Historic Bonds being positioned for payout, Dong and Dinar were no longer available for sale, banks were restricting circulation of US dollars and coins of the old fiat system, the Mexican and Canadian borders were tightly sealed and the Tiers including Tier 4a SKRs, were being paid out – all of which signaled a gold/asset-backed Global Currency Reset that Trump had made public in a “soft announcement” of the Gold Standard in a Tweet on Wed. 24 June.

Over the weekend groups were scrambling to update information on their members and that all appointments set for Fri. 26 June were not held and changed to Mon. 29 June.

Tier 4b had not yet started because there were 41 Deep State Antifa/ Anarchist rioter ring leaders who have been carrying out riots, looting, violence and pulling down statues in cities across the country. Deep State Rioter Ring Leaders were also going to deploy Antifa foot soldiers to disrupt and attack certain Redemption Centers in major cities when Tier 4b started.

The Department of Defense advised Trump that he needed to do an Executive Order authorizing rioter arrests in a way that Deep State Democrat politicians could not stop. Trump signed the EO Thurs. 25 June. DoD security teams started arrests on Fri. 26 June and would continue through their deadline of Mon. 29 June. As of Sat. evening EDT 27 June the arrests and all else were still proceeding on track.

Trump’s Most Wanted List: https://twitter.com/realDonaldTrump/status/1276564734465249280

The Chinese were beyond angry at US delays in releasing liquidity for Tier 4b due to the need for those security arrests. It took overnight discussions that went into the next afternoon to convince them they should not pull the US out from redeeming Zim. The Chinese finally agreed that the US could participate in Zim redemption, but if there were any more American delays with Tier 4b release, they would intervene.

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A. June. 26 2020 11:57 am EDT @‪JoTaann‪@SantaSurfing: I can confirm this. I've heard from a family member high high up in Davis LLP(Toronto) that there is a financial blackout coming to Canada! Canada is the testing grounds for #GESARA in the USA! I just got word from a financial agent here in Canada. July 2nd-July 9th they are to prepare for a 'financial blackout' and had to sign confidentiality form. Update: I just got off the phone with my friend who told me about July 2nd-July 9th. She asked her boss 'why the secrecy to the mainstream news media about this.' Her boss told her she has no clue. Never seen this happen b4!

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B. June 27 2020 Black Conservative Patriot https://dinartube.com/black-conservative-patriot-169/ Trump revealed our greatest enemy and no, it’s not China. Flynn was about to take down Deep State Intel.

C. American Center for Law and Justice: We've warned you that the Deep State would do anything to undermine the conservative agenda, including trampling over the Constitution. In a major blow to the Deep State, a Federal Appeals Court ordered the case against Lt. Gen. Michael Flynn to be dropped and called the judge's actions in the case an "unprecedented intrusion."

Now we've learned that not only did President Obama know about the investigation, but just days before leaving office, he ordered fired FBI Director Comey to put "the right people on it." This has become an unparalleled abuse of power.

The ACLJ is directly engaged in each of these matters. We've filed numerous lawsuits against the Deep State FBI and intelligence community. We've been battling in federal court to expose the Deep State's deceptions - including the unmasking of Lt. Gen. Flynn going back to the Obama Administration. A federal hearing in our case is in the next few days. As we prepare to defend the Constitution, we need YOU with us. Sign Our Petition: Defeat the Deep State in Court.

D. June 17 2020 Dark Outpost 06-17-2020 Deep Fake Technology & George Floyd: David Zublick Channel https://www.youtube.com/watch?v=NSpM5GGrhrI A crime so heinous that it shocked the nation – sparking protests, civil unrest, riots, looting and anarchy. But did it really happen? Who was George Floyd? Who is Derek Chauvin? Is what we saw in the now infamous encounter in Minneapolis fact? Did it occur the way we were told it did? And, who or what was in the golden casket? A Congressional candidate claims we are being played, and that what we witnessed is a giant PSYOP and that she has the facts to back up her claims.

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E. International Child Sex Trafficking: In their quest for power and glory, New World Order advocates of Satan worship have controlled the global monetary system since it’s inception. They have funneled the US dollar from their privately owned US Inc.’s IRS and Federal Reserve to Queen Elizabeth’s Bank of London, to the Vatican Bank to Central Banks across the Globe. This elite’s International Child Trafficking Ring was believed to be part of this same system and was run out of the Vatican.

Jessie Czebotar, Witness to Tortured Children Trapped in Underground Tunnels Beneath Major US Cities: https://timothycharlesholmseth.com/the-tunnel-children-featured-on-dark-outpost/ (Jessie begins at the 9 min. 30 second mark) Zublick’s guest Jessie Czebotar provided eyewitness testimony to the existence of underground tunnels where children were tortured, raped and forced into cannibalism. Recently President Trump’s Pentagon Pedophile Task Force oversaw the rescue of thousands of these tortured children by Navy Seals, Marines and other Special Military Forces. Zublick and Czebotar talked about Timothy Charles Holmseth whom they described as very credible and who reported on these rescues of horribly abused children.

https://beforeitsnews.com/politics/2020/04/over-50000-traumatized-children-rescued-by-military-out-of-tunnels-beneath-us-cities-3184076.html

https://beforeitsnews.com/crime-all-stars/2020/04/over-35000-malnourished-caged-children-rescued-out-of-us-tunnels-by-military-2479402.html

https://beforeitsnews.com/politics/2019/10/marines-navy-seals-rescue-2100-caged-children-teens-3144359.html

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F. Exchange and Redemption: The below was a compilation of information received about exchanging/redeeming and written in my opinion only. Official instructions would come out with release of the 800#s and could easily differ:

June 9 2020 email from Frank Templeton of Templeton Collectibles: https://templetoncollectibles.com, franktempleton@optimum.net “Zim Bonds and Zim Notes refer to the same thing. Folks are expecting them to be treated like a bond.”

Reports were that Dinar and Dong were no longer available to buy until after Mon. 6 July when Contract Rates would no longer be available.

800 # Notification: Several Tier 1 banks would send out 527,000 + emails to currency and Zim holders containing a coded 800 number to call for appointments and a Secure Website to obtain redemption/exchange information.

The code was an individualized ID number connected to your Social Security number for you to take through the redemption process. Take that ID number to your appointment. Do not give out the coded 800# to anyone as it was connected to your Social Security number and personal banking account and could only be used once for your personal appointment.

If you did not receive an email, then you could find a Secure Website on the websites as below. Clicking on that Secured Website would give you your personalized coded 800# ID number for the redemption process.

The Safe Link Website where you could obtain your own 800# would be on these links:

Dinar Chronicles: http://www.dinarchronicles.com https://inteldinarchronicles.blogspot.com
Dinar Recaps: https://www.dinarrecaps.com/our-blog
MarkZ: https://www.twitch.tv/theoriginalmarkz
Bruce: http://bigcalluniverse.com/callarchive/
TNT Tony: https://twitter.com/the_tnt_team
Dinar Detectives: https://dinardetectives.com/

Your Exchange/ Redemption: In your exchange it was advised to be transparent, cooperative and answer questions honestly so that you wouldn’t be suspect of gaining exchange proceeds for criminal or terrorist purposes.

On Zim Redemption: They wanted as many Zim holders as possible to redeem their Zim in the first four days after the 800#s and email notifications went out. When you called the 800# let them know if you had Zim as it could change where you did your redemption. Any currencies you had would be exchanged at the same time as your Zim Bonds.

Except for seniors, all Zim would be placed on long term payouts. The longer the payout period you choose, the higher interest rates you could obtain on monies left in your account during your payout period. According to Bruce that rate could be up to 9.45%. In that long term payout, you should calculate how much you need for the first 90 days – until your first quarterly payment and then ask for that amount to get you through to your first payout.

There was no more 20/80% for your personal use and your humanitarian project. You would have full access to all of your funds (except those in your structured long term payout). If you had ten or less 100 Trillion Dollar Zim Notes, you had an opportunity to negotiate a better rate than those Zim holders with over ten 100 Trillion notes.

Contract Rates: You would be offered the Default Rates at your appointment. If you wished the higher Contract Rates you needed to request them, along with being able to justify the higher amounts through your humanitarian program and/or by participating in the national and international humanitarian projects (which would be explained at your first appointment). It was advised to practice your project presentation so you could obtain the higher rates at that first appointment.

At your first appointment (15-30 min), if you want more than the Default Rate package on your currencies and ZIM, you could ask for the higher Contract Rates – in which case they would extend the first appointment to 90 minutes. Then be prepared to present your project(s) outline to the exchange bankers and/or choose among the list of 500 sanctioned projects that they would present to you in order to receive the higher rates (you can choose one or more of the 250 projects alongside or instead of your projects for higher rates).

If you were not satisfied with the rate offered at the end of the 90-minute first appointment just politely tell them so, and they would then give you an SKR (safe keeping receipt) and you would immediately tell your assigned Wealth Manager to lead you through steps during the next 72 hours (the legal rescission period during which you could legally change any signed agreements). You and your Wealth Management team have up to six months to request the higher rates according to the needs of your project.

The 500 infrastructure projects that Trump has been pushing to "Rebuild America" (google "apmreports.org/trump-infrastructure-projects") would utilize Dubai 1, 2 funds through Tier 1 government accounts, Tier 2 humanitarian and govt related organization accounts. While govt funds were handling the infrastructure projects nationwide, funds from us in Tier 4b Zim holders would be investing in projects (for those ZIM holders who choose) to rebuild city and town centers, create jobs and stimulate local economies in the 8,761 economically depressed "Opportunity Zones" in the US.

Many projects submitted by governors focus on transportation — roads, tunnels and bridges. See project proposals by state here: https://www.apmreports.org/story/2017/05/11/trump-infrastructure-projects#data https://www.apmreports.org/story/2017/05/11/trump-infrastructure-projects

Taxes: In the US exchanges-redemptions were tax free by the Gold Treaty stipulations but there would be taxes on the Structured Payout program (annuity investment) interest payouts annually by the IRS/Treasury and by individual states. This would be fully explained at the first and second apt. If the IRS representatives were present, it would be related to this. Your Wealth Manager and team would happily represent you and your desires to all Federal govt representatives present.

The debit card cash cap received at your appointment was increased from $140 million to $250 million.

Exchange Fees: The rates we received would have Exchange Fees already charged and assessed against the Street Rate and not any Negotiated Rate above that Street Rate, but we could only speculate until we were actually seated in the Redemption Center or bank.

The Non Disclosure Agreement (NDA) would be for 90 days, though the Department of Defense security teams have said that they would extend the NDA and NSA monitoring of the currency holder's financial transactions for more than 90-days if there was reason to do so.

Negotiation for Higher Rates: Your SKR from your redemption / exchange would be good for six months, during which your assigned Wealth Manager would help you choose a Trust Company (Abbott Downing, Merrill Lynch, etc, or equivalent). Your WM and Trust Company team would be happy to negotiate for you for the higher rates.

Paymasters, Group Leaders and Group Participants: There were established limits for rates to be charged by a bank, paymaster or group leader, who were required to fully disclose those limits to each and all group participants.

If you lived outside the US, Canada or Mexico, the 800# would likely not work for you. You needed to go through the websites (as mentioned above) to get the general 800# and your appointment. Contact the HSBC Bank in your country, or if there was not a HSBC Bank, contact any of the large banks in your country.

Question: “Will the Safe Link Website have opportunity for international people to coordinate their exchange domestically - including ZIM?”

Answer: “If your domicile is outside the country domestic exchange is possible including ZIM, as long as you have proof of USA residence (utility bill, green card, etc). You can tell the 800# Call Center representatives and they will answer any questions about your domestic exchange.”

H. It’s All About the Children

Life was about educating yourself on how to become a better person, and then being that person you were meant to be. Greatness would never be found in possessions, power, position, or prestige. It would be discovered in goodness, humility, service and character. As we embarked on this opportunity to do good in the world, remember that you were a Child of God who was sent to this earth to perform a special mission and only you through consultation with your Father in Heaven who sent you here, could decide what that great mission would be.

It’s not about the money. It’s about the children – the thousands of malnourished and traumatized children. The first official act President Trump made the morning he was sworn into office was to pay a visit to CIA Headquarters and declare a war on an international Child Sex Trafficking Ring run by global elites. Let us fast and pray for these little ones who were now being rescued from Cabal underground tunnels across the globe, and tortured and killed by Satanic Covens right next door. Let us also pray for those Military Troops worldwide who were risking their own lives to save them. The ancient doctrine of Fasting and Prayer was explained here at the 10:30:32 mark: https://www.youtube.com/watch?v=4Mb9gU6DmKs

If you wished to join the effort in saving children from international sex trafficking, contact Tim Ballard at Operation Underground Railroad: https://ourrescue.org/about/ https://www.youtube.com/watch?v=FT4tmI8YxCU&feature=emb_rel_end

U.S. Immigration and Customs Enforcement (ICE) investigated violations of criminal law ranging from child exploitation to transnational gangs inside and outside the US, including rape, torture and murder of children by followers of Satan. You could use this form to report suspected criminal activity: https://www.ice.gov/webform/hsi-tip-form

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Judy Note: I do not now, nor have I ever, received monies for writing my Updates and articles. The compensation has been in having outlets to help Save the Children by exposing truths about the very secretive Satanic Ritual Abuse, Pedophilia and Child Sacrifice that was rampant in our international society.

The above was a summary of information from the Internet. It would be up to the reader to do their own research and decide whether or not it was valid. A Thank You to those dedicated and brave Intel providers who wished to remain unknown; to humble Wildfire Lady who was adept at exposing the truth; to Martha who worked around the clock to discern what was real in the fake news; to Brad who did great research and Ken who uncovered almost unlimited Intel on pedophilia to help us Save the Children.

Divide They Try, Fail They Will, WWG1WGA to Support POTUS, Follow Q & Trust Plan

Let us Thank Q that the reset has finally come to be. I wish you well in your humanitarian efforts and look forward to seeing you on the other side where together, we will make life better for all.

Patience is a Virtue. Having Virtue is a sign of a good moral being. Good moral beings have the power to overcome evil and change the world. Judy

Courtesy of Dinar Chronicles

https://inteldinarchronicles.blogspot.com/2020/06/restored-republic-via-gcr-update-as-of_28.html

News, Rumors and Opinions Sunday Morning 6-28-2020

TNT:

Shybaby:  Parliament binds the government to a specific date to send the budget law

The House of Representatives voted, on Wednesday, to oblige the government to send the budget law no later than the end of this month.

A parliamentary source told Mawazine News that "the House of Representatives voted on the formula for the following decision: The government should expedite sending the federal budget bill for the year 2020 at the latest by 6/30/2020."

The Speaker of the House of Representatives directed the General Secretariat of the Council, earlier today, to address the General Secretariat of the Council of Ministers for the purpose of sending the budget law for the year 2020. LINK

Courtesy of Dinar Guru

Jeff   ...they only extended Allaq's proxy which means temporary term as Central Bank Governor until July 15th.  That could suggest to us that they might or maybe...giving him only until July 15th to commission and execute and complete the rate change...

Pimpy  ...the bigger question is what is in the "white paperwork" that's coming to Washington?  Everybody is buzzing about that.   There's a lot of people assuming the rate change is in there.  I don't want to throw that assumption there but it's kinda hard not to...there's a lot of reasons to believe that there really is...

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KTFA:

Samson:  "Ends dollar hegemony" - a new global financial system led by China

27th June, 2020  Another re this appearing today

Economic circles and international financial institutions monitor, China is going to build a new financial system, ending the dollar's dominance of financial market transactions and trade exchanges.

Igor Nedelkin, the Russian researcher, stresses that China is preparing for a new financial system, which reveals the secret behind China's accumulation of gold and the purchase of its production companies around the world.

"Nedelkin" adds in an article carried by the Russian network today from the Russian online Export website, that the Chinese gold mining companies are expanding greatly, as they actively buy institutions operating in this sector around the world, and at the expense of their new assets in foreign countries, China has become the largest producer of Yellow metal in the world, and this behavior indicates that Beijing is reserving gold for strategic purposes.

Money market experts have long said that China has been sending the world unimaginable signals two interpretations that the dollar's dominance must end.

Judging by what is happening, according to the estimates of the Russian researcher, Igor Nidelkin, it can be said that China has plans to change the global financial system, towards gold playing the hinge role. Something similar to a gold standard, which allows China to achieve its main geopolitical goal, which is to abandon the dollar settlement system.

It is interesting that the traditional gold standard will reach 200 years old next year. It was adopted at the Paris Conference in the year 1821. After having survived many transformations in its history, it was abolished in 1971 in the United States, which formally supported the gold equivalent under the Bretton Woods system after the war.

The Chinese approach imposes the main question: Is China preparing to launch a gold coin? No answer for the time being. Since the 2008 crisis, countless conversations have taken place. On the other hand, if China continues to buy gold assets with "greed and greed," according to the characterization of "Nedelkin," then this is likely to be part of a strategy that is still behind the scenes.

Apparently, the People's Republic of China expects that gold will be used as a reserve asset in the future, and that a financial system will be built on this basis that will replace the existing one.

LINK

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Samson:  A legal expert calls on Al-Kazemi to join Iraq in the International Criminal Court agreement

27th June 2020

Today, Saturday, June 27, 2020, legal expert Ali Al-Tamimi called on Prime Minister Mustafa Al-Kazemi to join Iraq in the International Criminal Court’s convention in order to try the killers of the Iraqi people.

Al-Tamimi said in a press statement, "The accession of Iraq to the Rome Convention of 1998 for the International Criminal Court will enable the people of Iraq to prosecute all those who killed the Iraqi people from 2003 to now because these crimes do not fall out of time or by time.

Article 5 of the law of this court, which is tried for crimes against humanity, genocide, aggression, willful killing and even the killing of demonstrators and the responsibility of who is behind it."

He added that if Iraq acceded to the Rome Agreement of 1998, the Prosecutor of this International Criminal Court could move all procedures for previous crimes retroactively and even to the leaders of the countries that destroyed and killed millions of Iraqis.

He stressed that Al-Kazemi has a great opportunity to do this matter and will not regret and will satisfy all the Iraqi people and prosecute those who were killed and stolen and participated in those crimes.

LINK

Samson:  Deputy - discloses stealing 10 billion annually from domestic oil sales

19:59 - 27/06/2020

The MP revealed that the State of Law coalition, Alia Nassif, Saturday, stole 10 billion dinars annually from domestic oil sales.

Nassif said in a statement to the "information", that "domestic oil production has reached 500 thousand barrels per day to be displayed in the Iraqi local markets," pointing out that "those sales were not recorded accurately with SOMO and the Ministry of Oil."

She added that "mafias belonging to the Ministry of Oil steal large funds from internal oil sales, which can support the budget and get rid of the financial deficit", indicating that "the funds that are stolen annually from internal oil sales amount to 10 billion Iraqi dinars."

And revealed the Parliamentary Finance Committee, earlier, the theft of 190 billion dinars per month from one of the outlets.   LINK

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Samson:  Iran's central bank pumps millions of dollars to support the riyal

10:11 - 28/06/2020

The Governor of the Central Bank of Iran, Abdul Nasser Hamti, announced that he will pump millions of dollars to maintain the stability of the currency market, after the Iranian riyal had fallen to historical levels last week.

"Over the past few days, hundreds of millions of dollars have entered the market through intermediaries (linked to the central bank) and many of the plans of those trying to destabilize the foreign exchange market have been thwarted," he said in an Instagram post.

The rial plunged to an all-time low on Tuesday before recovering slightly. The riyal is under pressure from the US sanctions and the Corona virus crisis.

Iranian officials have previously said that the government has largely abandoned the policy of pumping large amounts of hard currency with the aim of supporting the riyal since 2018 when the riyal lost about 75 percent of its value after the United States withdrew from the international nuclear deal and its next decision to reimpose sanctions on Tehran.    LINK

"Jesse Watters Slays the Deep State" by Sierra (NZ) - 6.28.20

Entry Submitted by Sierra (NZ) at 2:51 AM EDT on June 28, 2020

Jesse Watters slays the Deep State in this seven minute segment from his Fox show 'Watters World'. Here is President Trump's tweet featuring the video of the segment...

https://twitter.com/realDonaldTrump/status/1277064858048040960

pic.twitter.com/vdkiANtemB

— Donald J. Trump (@realDonaldTrump) June 28, 2020

Watch the video at the 6 minute mark. There is a list of ten demands from the Black Lives Matter movement. Here is Watters' opinion about the ten demands...

'This sounds almost exactly what the radical Socialists have been demanding for the last thirty years...' (Watters).

Towards the end of the segment, Watters drops in a Q phrase: 'Follow the money'. Sean Hannity has worn the Punisher emblem on his lapel. Watters and Hannity seem to have some kind of connection to the Alliance and QAnon.

The truth is out there. Do your part to spread the truth by helping this excellent video to go viral.

Where We Go One We Go All.

Love and Light
Sierra (NZ)

https://inteldinarchronicles.blogspot.com/2020/06/jesse-watters-slays-deep-state-by.html

"90 Trillion in Treasury Debt" by Mark Skidmore 6-27-2020

Mark Skidmore - $90 Trillion in Treasury Debt - It’s Not Just Bad Accounting

Greg Hunter:  Jun 27, 2020

Michigan State Economics Professor Mark Skidmore’s latest update to the “Missing Money” question is now the biggest in history by a long way.

Skidmore’s research reveals the US Treasury market is rolling over $90 trillion to support the official debt of $22 trillion (2019.)

That’s on top of the $21 trillion Skidmore revealed in so-called “Missing Money” in late 2017.

Why do you need to churn $90 trillion in debt? Is the US debt really $90 trillion?

What could go wrong with this much hidden debt?

Skidmore says, “Yes it is concerning to me because this could blow up.

We don’t know when or how, but if people lose confidence in our government, they could lose confidence in the currency. That could have severe impacts on lots of people in the whole global economy above and beyond what we are experiencing now. . . . Is there some reset in play?

 Is there some bigger issue at stake? Is this pulling away with other goals in mind? Yes, I think so.

I don’t know how this all fits together but I do know there is something else going on that we all need to pay attention to. . . . I have documents that say something is really, really wrong, and it’s not just bad accounting.”

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Economics Professor Mark Skidmore from Michigan State University.

https://youtu.be/Z44Bg7kE9c4?t=3

Question About Dinar From BondLady’s Corner

Question About Dinar From BondLady’s Corner

Ladygolddinar: I read on another forum that we need article 8 from the imf before Iraq can reval, is there any truth to this?

Tlm724 Administrator Bondlady’s Corner:  Yes there is truth in that. You might find it informative to read this chat we did about Iraq and multiple currency practices.

BLC Chat 01/13/2016 IMF Letter of Intent Comparison and Investment Law

 (Blast from the Past too)

[tlm724] I was reading an old chat BondLady did regarding Iraq's Letter of Intent to the IMF – Thursday, July 14, 2011

[tlm724] I was comparing that LOI to the new one

[tlm724] the one from 2011 was pretty specific ie: exchange rate

[tlm724] BUT the important part was the audit, let me show you current events first

[tlm724] emmaduke translated a document from the CBI and the best I can tell it has to do with an audit, thanks emmaduke !!

https://www.bondladyscorner.com/t160628-cbi-announcement-document-internal-audit

[tlm724] now the new LOI has several mentions of the audit, let me show you those first

  The government will not resort to the accumulation of arrears to finance the deficit. It commits to a zero ceiling on external arrears (continuous quantitative target, Table 1) and regular inventories of domestic arrears with a view to ensuring that new arrears do not accumulate and to paying them down after proper audit, as will be done for the existing stock of domestic arrears

[tlm724] Survey, audit and pay domestic arrears. As a first step, the Ministry of Planning will complete, by end-February 2016, a survey of domestic arrears on investment spending accumulated by all ministries as of end-September 2015 (structural benchmark, Table 2) and the Ministry of Finance will complete a survey, also by end-February, on current spending arrears accumulated by the same units as of end-September;

in addition, similar surveys of arrears as of end-December 2015 by end-March 2016, and as of end-March 2016 by end-May 2016 will be completed. On the basis of each of these surveys, the government will prepare plans for the orderly payment of the arrears, which will include an independent audit of the arrears and a repayment schedule in line with the government’s financing capacity.

 As of end-April 2015, the government identified ID 7.3 trillion in domestic arrears, out of which ID 5 trillion accumulated in 2015 (¶13); the Board of Supreme Audit will audit these arrears to check their validity by end-February 2016. So far, the government has included ID 2.4 trillion for the repayment of domestic arrears in its revised 2016 budget (¶25).

 As a first step to restructure these banks, the Ministry of Finance will, by end February 2016, appoint international auditors to audit the latest financial statements of Rasheed Bank and Rafidain Bank according to international standards (structural benchmark, Table 2), in cooperation with the Executive Committee for the restructuring of these banks and the World Bank.

[tlm724] Appointment of one or several international auditors to audit the latest financial statements of Rasheed Bank and Rafidain Bank according to international standard

 [tlm724] this auditing process must surely include a note count no ??

[cat] uh huh

[RCS1947] one would think

  [tlm724] ya can't audit without knowing how much money you have anywho thats the recent LOI now lets go back to 2011

 [tlm724] wait btw I think Ernst & Young are going to be the auditors and here is why

 Zebari discuss with Ernst & Young, the company improve the banking system March 4, 2015 21:46 (Independent) ..

 Search Finance Minister Hoshyar Zebari, on Thursday evening, with a representative of Ernst Young (EY) accounting and advisory services Ahmed judge and a number of the company's experts how to improve the banking system in Iraq, according to international standards. They also discussed ways to settle the Iraqi debt in light of the procedures of the Paris Club, as well as increase the efficiency of the banking system in Iraq contact with major international financial institutions. (End)

https://www.bondladyscorner.com/t118140-zebari-discuss-with-ernst-young-the-company-improve-the-banking-system?highlight=Ernst

[tlm724] ok 2011

Financial Sector 12. Financial intermediation is at a very low level in Iraq. A functioning banking sector is essential for the development of a strong private sector.

We have begun to embark on our banking sector reform strategy:

 A critical step will be to complete the financial restructuring of the two largest state owned banks, Rafidain and Rasheed, based on their completed financial and operational audits. In this regard, we formed a Bank Reconciliation Unit that comprises technical level staff from the banks, the CBI and the Ministry of Finance, and with the assistance of Ernst and Young (who were the agents of the Ministry of Finance in the external debt restructuring process) to:

 ****A critical step will be to complete the financial restructuring of the two largest state owned banks, Rafidain and Rasheed, based on their completed financial and operational audits.*****

http://www.imf.org/external/np/loi/2011/irq/030311.pdf

[tlm724] THEN Bondlady breaks this out  : 

 MAY 31ST, 2011 The Central Bank of Iraq (CBI) and the Ministry of Finance indicated that the restructuring of the balance sheets of the two largest state-owned banks, Rafidain Bank and Rasheed Bank, will be completed at the end of June 2011.

The restructuring plan is being implemented by a Bank Reconciliation Unit (BRU), chaired by the CBI, with the participation at a technical level of staff from the CBI, the Ministry of Finance and other stakeholders.

The BRU’s objectives are to deal with the legacy assets and liabilities of the previous regime to identify and propose to write-off non-performing loans to defunct state-owned enterprises to propose a course of action for other remaining un-reconciled accounts and to revalue the remaining foreign currency denominated balance sheet items.

http://projectsmiddl...8479&CategID=37

[tlm724] and to revalue the remaining foreign currency denominated balance sheet items.

[tlm724] here's what she said and there's some stuff in between but here's the wrap up REMEMBER THIS IS FROM 2011

[BondLady]  sooooooooooooooo with all of this being shown and the cbi saying this....

********* after the balance sheets have been cleaned up,*********

which we say as I’ve provided all the articles with links to show it imo appears to me everything has been done to bring on this statement by the cbi

******** revalue the remaining foreign currency  denominated balance sheet items. ***********

this is pretty huge imo, I realize it says revalue the foreign currency but it has to be talking about Iraq’s currency because it can’t revalue another country’s currency    it can only revalue its own, so imo this to me says that after the audit was completed and they knew how much iqd was in country and out of country and how much their debts were and all the banks to be prepared all of the deductions that needed to be included in the audits then with the remainder of the currency to be revalued? I sure hope I’m on target with all of this if not I’m sure I’ll hear about it if I’m not lol...hope u all enjoyed this and ty all who helped contribute to this post......drops the mic and walks off ...BondLady

[tlm724] claps really loud  cheers  

 [cat] u bet        

[cstacy] tlm724 hmmm thanks

[tlm724] just something to consider  Wink    

[RCS1947] Very Happy  

[cat] tlm724 thanks

[tlm724] yw but BL does the work Wink

[RCS1947] Scooter always said the R & R banks had to come clean!

[tlm724] RCS1947 thats right !

[tlm724] the point is this, IF Iraq has plans on making the dinar the sole currency for the country then an audit is the logical step and the IMF agreement (the current one) has a stipulation on MCP's

[tlm724] I'll show you

The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions. Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement will send a positive signal to the investment community that Iraq is committed to maintain an exchange system that is free of restrictions and MCPs for current international transactions and thus facilitate creation of a favorable business climate.

[tlm724] that Iraq is committed to maintain an exchange system that is free of restrictions and MCPs for current international transactions and thus facilitate creation of a favorable business climate.

[tlm724] no more MCP's

[tlm724] The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP)

[tlm724] and just as important

[tlm724] As a first step, the government will, by end-February 2016, amend the Investment Law, or issue clarifying implementing regulations, to remove the limitation on transfer of investment proceeds that gives rise to an exchange restriction, as recommended by a recent technical assistance mission of the IMF

[tlm724] the Investment Law will remove the limitation on transfer of investment proceeds that gives rise to an exchange restriction

[tlm724] you getting this ?

[cat] uh huh

[tlm724] over a short time (IMO) Iraq will make the changes needed to their currency to become compliant with the obligations under Article VIII and everything that was needed to be done is now a structured plan under the tutelage of the IMF 

 [tlm724] no do overs, no slacking off, we will see great strides as long as the creek don't rise and the dam holds.  ok I'm done and tis a beautiful thing if ya ask me

[RCS1947] tlm724 the IMF calls for two quarterly reviews as in 3 months  . What are your thoughts?

[cat] tlm724 great stuff we all love you and bondlady for all the help you do

[tlm724] cat yw

[tlm724] RCS1947 my thoughts are that is awesome ! that is of no concern to me at all I know the IMF has control as far as monetary policy, they proved it yesterday, doesn't get much better then that IMO

[cat] *its coming*lol

[tlm724] yeppers lol

[RCS1947] ok

[tlm724] the difference today is the IMF is in charge ! This is a pivotal, defining time in Iraq. It's their moment in sun (2016), thanks everyone !

https://www.bondladyscorner.com/t160630-blc-chat-01-13-2016-imf-letter-of-intent-comparison-and-investment-law-blast-from-the-past-too?highlight=International

"Gold and Silver" Nesara/Gesara by Pimpy 6-27-2020

Pimpy’s Investment Chat

NESARA / GESARA

Important info regarding gold and silver

Jun 27, 2020                              

https://youtu.be/TugEXOyvZT0?t=6

Other videos in this series……

Nesara/Gesara:  Retrain Judges and lawyers on Constitutional Law https://www.youtube.com/watch?v=mW0tN0mNa18

NESARA / GESARA - Good vs Evil (we are in a spiritual war) https://www.youtube.com/watch?v=1M2rNEd8MHY

NESARA / GESARA - Truth from Fiction (Restoring Financial Privacy) https://www.youtube.com/watch?v=wAOPKmR8KSY

NESARA / GESARA - Truth from Fiction (The end of the Federal Reserve System) https://www.youtube.com/watch?v=B4igrBYdSp8

NESARA / GESARA - Questions and Answers Part 1 https://www.youtube.com/watch?v=X3A1eVRC9-M

NESARA / GESARA -Truth from Fiction (a New Treasury Banking System) https://www.youtube.com/watch?v=xhBp8-rWspo

NESARA / GESARA - Truth from Fiction (Return Constitutional Law back to the Courts) https://www.youtube.com/watch?v=6cSswZEBy5c

NESARA / GESARA - Once in a Lifetime Opportunity https://www.youtube.com/watch?v=mmfXr8VsUYU

NESARA / GESARA - Truth from Fiction (New Currency)  https://www.youtube.com/watch?v=lIPd2IrrVgo

NESARA / GESARA - Warning! don't get mislead  https://www.youtube.com/watch?v=m0iKqMMG3l8

NESARA / GESARA - The Global Reset Update 06/03/20 https://www.youtube.com/watch?v=cuS2e1E3QpA

NESARA / GESARA - Truth from Fiction (Election Monitoring) https://www.youtube.com/watch?v=hnBCdrDAUX8

NESARA / GESARA - Truth from Fiction (Establishing a New Government within 120 days) https://www.youtube.com/watch?v=G2JxW0EvQkA

NESARA / GESARA - Truth vs Fiction part 4 (Return Constitutional Law) https://www.youtube.com/watch?v=iwo8dgAiBG8

NESARA / GESARA - Truth from Fiction part 3 (Increase in benefits for senior citizens) https://www.youtube.com/watch?v=wqSRpDk47q4&t=296s

NESARA / GESARA - Truth from Fiction Part 2 (Abolish the IRS and Taxes) https://www.youtube.com/watch?v=thJANxkVE9A

NESARA / GESARA - Truth vs Fiction (debt forgiveness)   https://www.youtube.com/watch?v=zoyw6p5mZ1c

NESARA GESARA - Summary (Truth vs Fiction)  https://www.youtube.com/watch?v=WpvSk3CXzkg

How to pay for NESARA / GESARA  https://www.youtube.com/watch?v=XaLVsfLUyRI

NESARA PART 6  https://www.youtube.com/watch?v=CwJFGYvEO1A

Nesara Part 5   https://www.youtube.com/watch?v=-SQQ4MulJ28

Nesara Part Four   https://www.youtube.com/watch?v=KIGQJ-LHw7I

Nesara Part Three   https://www.youtube.com/watch?v=yw8ndr6y8oQ&t=291s

Nesara Part Two  https://www.youtube.com/watch?v=I0pZ0HfyZa8

Nesara Part one   https://www.youtube.com/watch?v=CfHwcF79QpQ 

MilitiaMan and KTFA Members "WOW" 6-27-2020

KTFA:

MilitiaMan:  They handed over the database of the employees. That would cease the multiple salaries and or payments. This is a deal and it is now accountable from the looks of the signing. They have their unified position and is all about transparency and accountability.  (See articles below)

The fake made up employees are not going to fly anymore.. Well they surely wont be getting more than a fair share.

So, this article is on the last day of this week, which is today!! 

This looks to be the comprehensive deal that is done now and what we have been waiting for.. imo!

Love it! imo  It is timed right before the adjustments to be made at the borders with taxes, tariifs and fees that will be electronically monitored allocated accordingly..

Wow... The timing is imo HUGE!! The HCL/2019 FMLA, salaries, etc, is in this ... Wow !! ~ MM 

Don961:  Parliamentary Finance decision: Kurdistan has handed over its employee database to Baghdad .. This is their exact number

Policy 2020/06/27 21:31 381     Baghdad Today - Baghdad

The decision of the Finance Committee in Parliament, Ahmed Al-Saffar, confirmed today, Saturday, that the Kurdistan Regional Government has handed over its staff database to the Federal Government in Baghdad. 

Al-Saffar said in an interview with him (Baghdad today), "The technical delegation of the Kurdistan region who visited Baghdad recently handed over the federal government a database of the region's employees at the request of Baghdad in addition to other files." 

And that "the number of employees in the region is estimated at about 753 thousand employees registered within the biometric system in addition to the groups that benefit from social care, martyrs and retirees, the number reaches approximately one million and 250 thousand people." 

He pointed out that "the regional government is working, at the request of Baghdad, to solve the problem of multi-salaries in terms of social welfare, martyrs and retirees."

Yesterday, Osman Karim, the deputy in the Kurdistan Parliament, confirmed on Friday (26 June 2020) that negotiations between the federal government and the regional government are still ongoing and have not reached a dead end.

He added that "Baghdad has many conditions, some of which are inconsistent with the constitution, and this is what finally reached the signing of the comprehensive agreement, but the negotiations were not stopped or were officially announced."  LINK  

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

Don961:  The delegation of Kurdistan holds talks with the American and British embassies in Baghdad

2020.06.25 - 14:57  Baghdad - people  

The negotiating delegation to the Kurdistan Regional Government, headed by Deputy Prime Minister Qubad Talabani, in Baghdad, on Thursday, held talks with the American and British embassies in Iraq.  

A statement of the provincial government, followed by "people" (25 June 2020), said that "the meeting highlighted the outstanding problems between Erbil and Baghdad, and the latest developments regarding the general situation in Iraq were discussed."  

The delegation of the two embassies said, according to the statement, "their full support for resolving all disputes between the Kurdistan Region and the federal government and facing all the problems that Iraq suffers from with a unified position, especially the risks of the renewed corona virus and the recent movements of ISIS terrorists in the disputed areas."  

The delegation of the regional government is scheduled to hold its last meeting this week with members of the federal government with the aim of reaching a general and common understanding of the outstanding problems between the two sides.   LINK

Don961:  Al-Kazemi directs the finance to expedite the salaries of employees

Policy 2020/06/27 23:57 146      Baghdad today - Baghdad 

Today, Saturday, Prime Minister Mustafa Al-Kazemi directed the speedy distribution of the employees ’salaries.   

A statement issued by Al-Kazemi said that he directed the Prime Minister, Mustafa Al-Kazemi, the Ministry of Finance to expel the salaries of employees, during a meeting today, Saturday, with the Minister of Finance, Mr. Ali Abdul Amir Allawi.  

The statement added that "Al-Kazemi stressed that the launch takes place without delay, and that the Ministry work with all its capabilities to put the solutions that were discussed into implementation, and that the government apparatus continues to maximize non-oil revenues and find financial cover for employee salaries."  

He continued, "The Prime Minister affirmed during the meeting that the current financial crisis constitutes an opportunity to face the challenge of implementing financial and administrative reform, and that the government has resolved to proceed with this reform until it is positively reflected on economic development, and the provision of welfare and good governance to all Iraqis."  LINK  

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

DELTA:  The Prime Minister, Mustafa Al-Kadhimi, directed the Ministry of Finance to quickly release the salaries of the employees.

This came at a meeting of His Excellency, on Saturday, with the Minister of Finance, Mr. Ali Abdul Amir Allawi.

Al-Kadhimi stressed that the launch should take place without delay, and that the ministry should work to put into practice the solutions discussed, and that the government apparatus is continuing to maximize non-oil revenues and find financial cover for employees' salaries.

During the meeting, the Prime Minister stressed that the current financial crisis was an opportunity to meet the challenge of implementing financial and administrative reform, and that the Government was determined to proceed with this reform until it had a positive impact on economic development, welfare and good governance for all Iraqis.

The Prime Minister's Information Office

27- June-2020

Deepwoodz:  Can’t stop that lava!!!!!

The Marginal Utility Of Money

The Marginal Utility Of Money

By Mike Piper Published: 16 June 2010 – Updated: 29 May 2019

I know I'm taking a risk by starting an article by defining a term from economics. But please, stick with me. It's not a hard concept to understand, and it directly relates to your financial success.

Utility is a term used in economics to describe how much value or happiness one derives from a good or service. Marginal utility refers to how much additional value/happiness is derived from one additional unit of the good or service. Most goods and services are said to have “decreasing marginal utility.”

“Decreasing marginal utility” sounds like gibberish, but it's actually pretty easy to understand:

First slice of apple pie: “Yes, please!”

Second slice of apple pie: “Well…OK…one more piece.”

Third slice: “Oh, I couldn't. I'm stuffed.”

Each slice of pie provides less happiness (“utility”) than the previous slice. The same thing holds true with nearly every good or service.

In fact (or perhaps, as a result), this idea holds true for money as well. For many of us, an extra $500,000 in cash could accurately be described as life changing. But what if you already had a liquid net worth of several million dollars? An extra $500k would still be nice, but I doubt it would change your life meaningfully.

Get Rich Slowly has practically been a real-time case study in this concept. J.D. used to be deeply in debt, at which point he had a high marginal utility of wealth. That is, every extra dollar he earned and saved made a big difference to his well-being.

However, as he climbed out of debt, built his income, and built his wealth, his marginal utility of wealth has slowly declined. J.D. recently put it this way:

 “Debt used to be my biggest source of money stress. Then it became an obsession with frugality, which led me to cross the line to cheap bastard. Now my biggest problem seems to be an obsession with income:

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

https://www.getrichslowly.org/the-marginal-utility-of-money/

Great Lessons From Great Men

Great Lessons From Great Men

By J.D. ROTH 21 June 2020

Because I write a personal finance blog, I read a lot of books about money. I'll be honest: they're usually pretty boring. Sure, they can tell you how to invest in bonds or how to find the latest loophole in the tax code. But most of them lack a certain something: the human element.

Over the years, I've found that it's fun to read a different kind of money book in my spare time. I've discovered the joy of classic biographies and success manuals, especially those written by (or about) wealthy and/or successful men. When I read about Benjamin Franklin or Booker T. Washington or J.C. Penney, I learn a lot — not just about money, but about how to be a better person.

Here are some of the most important lessons that these books, written by and about great men of years gone by, have taught me.

Be Tenacious

“Anybody can be a halfway man, but the one who rises above this class is the one who keeps everlastingly pushing.” — J. Ogden Armour, Touchstones of Success (1920)

More than any other, one lesson stands out from the books I've read: Never give up. If you have a goal or a dream, pursue it. If there's a cause that you truly believe in, then fight for it. That's not to say that you should doggedly chase greed or gluttony, but that you should do your best to achieve those things that are important to you. Great men — and great women too! — struggle through daunting obstacles to reach their destinations. In everything that you do, do your best. And remember: The road to wealth is paved with goals.

Exercise Self-Control

“‘Tis easier to suppress the first desire, than to satisfy all that follow it.” — Benjamin Franklin, The Way to Wealth (1758)

Because he had very real trouble regulating his impulses, Benjamin Franklin famously attempted to codify his quest for self-control. As Brett wrote at The Art of Manliness, Franklin committed himself to thirteen virtues, and he developed a system for tracking how disciplined he was in his daily pursuit of these ideals.

There's nothing wrong with an occasional indulgence. But when the indulgence becomes a habit — or worse, a vice — this can affect your life. Even destroy it. If you have habits that prevent you from fulfilling your potential, find a way to boost your self-control. (You might, for example, use Joe's Goals to track your progress, much like Benjamin Franklin did.)

Do the Right Thing

“To be truly rich, regardless of his fortune or lack of it, a man must live by his own values. If those values are not personally meaningful, then no amount of money gained can hide the emptiness of life without them.” — John Paul Getty, How to Be Rich (1961)

Have a code of honor, and live by it. Your code of honor might come from your faith, or from your education, or from your family. Whatever the source, live by these values. Life is filled with temptations.

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

https://www.getrichslowly.org/great-lessons-from-great-men/ 

Questions to Ask at Your Exchange Appointment

From Recaps Archives

Take what you like and leave the rest:  

REVISED AND UPDATED LIST OF (61) QUESTIONS YOU MAY WANT TO ASK AT YOUR BANK APPOINTMENT

THE QUESTIONS:

1. WHAT TYPE OF BANK ACCOUNTS DO YOU HAVE AVAILABLE?

2. WHAT IS THE FDIC COVERAGE ON THIS ACCOUNT?

3. CAN YOU EXPLAIN TO ME HOW THE FOLLOWING BANK ACCOUNTS OPERATE?

A. NON INTEREST BEARING ACCOUNTS

B. MULTI CURRENCY ACCOUNTS

C. MULTIPLE CURRENCY ACCOUNTS

D.  (THE DIFFERENT TYPES AVAILABLE)

E. INTEREST BEARING ACCOUNTS

4. WHAT AMOUNT AM I REQUIRED TO LEAVE IN EACH ACCOUNT?

5. WHAT OTHER PRODUCTS AND SERVICES WILL BE PROVIDED TO ME TODAY WITH THESE ACCOUNTS?

6. WHAT ARE THE FEES ASSOCIATED WITH THESE BANK ACCOUNTS?

7. DOES YOUR BANK HAVE A WEALTH & TRUST DIVISION SEPARATE FROM THE RETAIL SIDE OF THE BANK?

8. I NEED SOME CERTIFIED CHECKS MADE PAYABLE TO (abcd) CAN YOU ASSIST ME?

9. HOW MUCH CASH CAN I TAKE WITH ME WHEN THIS APPOINTMENT IS COMPLETED?

NOTE: LIMITED CASH AND A CERTIFIED CHECK IS WHAT WE RECOMMEND

10. IF I COME BACK TO EXCHANGE MORE WILL I HAVE THIS SAME RATE?

11. WHAT PRODUCTS & SERVICES WILL THE WEALTH MANAGEMENT TEAM PROVIDE?

12. EXPLAIN TO ME HOW THE SWEEP PROCESS WILL WORK?

13. WHAT ARE THE ADVANTAGES & DISADVANTAGES OF THESE ACCOUNTS?

14. WILL LOANS  AND  LINES OF CREDIT  BE PROVIDED?

15. IS THIS ACCOUNT ACTIVE TO RECEIVE BANK WIRES NOW? (EXPLAIN THE PROCESS)

16. WHAT PRODUCTS & SERVICES WILL COME WITH THE WEALTH MANAGEMENT TEAM?

17. PLEASE GO OVER ALL OF THE DOCUMENTS WITH ME I WILL BE SIGNING?

18. TELL ME A LITTLE BIT ABOUT THE HISTORY OF THIS BANK?

19. HOW ARE MY DEPOSITS PROTECTED AGAINST BANK COLLAPSE, GOVERNMENT THEFT, AND BANK THEFT?

20. WHAT KIND OF INTEREST RATES WILL I BE LOOKING AT?

21. WHAT TYPE OF CREDIT CARDS AND DEBIT CARDS DO I QUALIFY FOR NOW?

22. WHAT ARE MY CHECKING & SAVINGS ACCOUNT OPTIONS?

23. IF I HAVE QUESTIONS TOMORROW WHO DO I  NEED TO CONTACT?

23. DO YOU HAVE A BUSINESS CARD?

24. IS THIS CURRENCY EXCHANGE TAXABLE AND WHAT IS THE RATE OF THE TAX?

25. WILL THIS TRANSACTION BE REPORTED TO FINCEN?

26. TELL ME ABOUT YOUR ONLINE BANKING (NOTE: WE DO NOT ADVISE ONLINE BANKING)

27. WHAT IS THE COST TO EXECUTE TRADES, , BONDS, ETC?

28. WHAT TYPE OF ADDITIONAL INSURANCE CAN I PLACE ON MY MONEY VIA PRIVATE

BANKING & WEALTH MANAGEMENT

29. IS THERE AN EXCHANGE WINDOW IF I HAVE MORE CURRENCY TO EXCHANGE?

30. IS MY MONEY PROTECTED AGAINST DEVALUATION OF THE USD?

31. TELL ME ABOUT YOUR BANK PERKS?

32. ARE THERE ANY STIPULATIONS WITH THE CONTRACT RATE? (IF AVAILABLE)

33. WHAT ARE THE STIPULATIONS WITH THE STREET RATE?

34. WHAT ARE THE KEY POINTS OF THE NDA (IF APPLICABLE)

35. CAN I CONTACT MY ATTORNEY BEFORE I SIGN THESE DOCUMENTS?

36. IF I DO NOT TAKE THIS APPOINTMENT WILL MY RATE CHANGE?

37. WHAT ARE THE STIPULATIONS WITH THE MARKET RATE?

38. CAN YOU SHOW ME THE RATES ON THE SCREEN PLEASE?

39. CAN I HAVE A COPY OF THE DOCUMENTS FOR MY LEGAL TEAM

TO REVIEW?

40. WILL THE RATE DROP IF I COME BACK TO EXCHANGE MORE CURRENCY?

41. IF I HAVE MORE CURRENCY CAN I COME BACK AND EXCHANGE AT SAME RATE?

42. IF I HAVE MORE CURRENCY ARE THERE DIFFERENT RATE TIERS?

43. ARE THERE ANY TIME LIMITS ON RATES OF EXCHANGE?

44. CAN YOU EXCHANGE INTO LOWER DENOMINATIONS?

45. IS THERE AN EXPIRATION ON THE LARGE NOTES?

46. IS THERE A CAP ON THE AMOUNT I CAN EXCHANGE WITH YOUR BANK?

47. CAN YOUR BANK ASSIST ME WITH RESERVES/LAYAWAYS AND HOW
DOES THAT PROCESS WORK?

48. CAN I EXCHANGE WITH MY LLC, IBC OR TRUST?

49. AM I EXCHANGING INTO NEW TREASURY NOTES?

50. IF I USE AN MCA ACCOUNT WILL MY CURRENCY STAY IN THE CURRENCY OR CONVERT TO USD.

51. WHAT IS THE INSURANCE COVERAGE ON MY DEPOSITS?

52. AM I EXCHANGING INTO FEDERAL RESERVE NOTES OR TREASURY NOTES?

53. CAN YOU EXPLAIN YOUR BANKS BASEL STATUS & HOW DID YOUR BANK RATE IN BANK STRESS TESTS?

54. HOW MUCH DOES YOUR BANK HAVE IN DERIVATIVES?

55. HOW WOULD YOU RATE AND COMPARE YOUR BANK TO OTHER INSTITUTIONS?

56. HOW HAVE THE NEW OCC REGULATIONS, VOLCKER RULE, DODD FRANK, & BASEL REQUIREMENT IMPACT YOUR BANK?

57. CAN YOU EXPLAIN TO ME HOW YOUR FINCEN REPORTING WORKS?

58. WHAT TYPE OF ACCOUNT ARE THESE FUNDS GOING INTO AND I DO NOT WANT TO CO-MINGLE DIFFERENT CURRENCIES AND WOULD LIKE SEPARATE ACCOUNTS FOR EACH CURRENCY?

59. WHAT IS THE DIFFERENCE IN A CURRENCY EXCHANGE AND A CURRENCY INVESTMENT WITH YOUR BANK?

60. WHAT OTHER OPTIONS ARE AVAILABLE IF I DECIDE TO EXCHANGE MORE CURRENCY AND IS MY EXCHANGE RATE NEGOTIABLE

61. PLEASE SHOW ME THE RATES CURRENTLY ON YOUR BANK SCREEN BEFORE I EXCHANGE.......

COMMENTS:

1. PLEASE FLAG THIS ACCOUNT FOR IT TO NOT BE IN TEST & PRODUCTION.

2. WITH MY BROKERAGE ACCOUNT  I NEED TO BE SURE ALL TRADES MUST BE AUTHORIZED BY ME. (OPTION)

Originally  Posted by EXOGEN

More News, Rumors and Opinions Saturday Afternoon 6-27-2020

KTFA:

Samson: Pompeo: We will place visa restrictions for Chinese officials

26th June 2020
Washington announced Friday that it has imposed restrictions on the visa of a number of Chinese officials due to violations of Hong Kong's autonomy.

US Secretary of State Mike Pompeo said that the United States will place restrictions on the visas of an unspecified number of current and former officials associated with the Communist Party of China and "those responsible for depriving Hong Kong of its liberties."   LINK

Dan:  TRUMP Will want this feather in his cap just before November   IMO
I trust Iraq to follow through when dad kicks there glutious maximus.
I have also been wondering re: the timing is to let the current system FAIL
and raise something else up.
Do not trust the mafia banks at all …How many Will need bail out, or bail in.
The banks perspective is that your money is their money.
I try to look at the big picture Not just backwards Iraq.

Slade:  Dan.....you are on point......its way bigger than this piddly country Iraq......heck....they could have done this long ago.......imo

Ryan1916:  For Trump to benefit and look great from this it'll have to be well before November. I'm watching this day by. This can go at any moment

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

TNT:

Harambe:  Bloomberg: Zimbabwe Halts Stock Exchange, Mobile Money to Calm (Zim) Currency  (6/26/20)

Zimbabwe suspended all monetary transactions on mobile-phone platforms and halted trade on the local stock exchange in an effort to stabilize its currency.

The measures come two days after President Emmerson Mnangagwa warned his government will tackle “malpractices" that he said have undermined his government’s efforts to end an economic crisis. Inflation in the southern African nation is at 786%, its recently revived currency has collapsed and the World Bank estimates the economy will shrink as much as 10% this year.

The suspension of monetary transactions by companies including Econet Wireless Ltd. unit Ecocash will “facilitate intrusive investigations, leading to the arrest and prosecution of offenders," the Ministry of Information said in a statement Friday in the capital, Harare. Other companies affected by the regulations include state-controlled Telecel.

The government is in possession of “impeccable intelligence which constitutes a prima facie case whereby the phone-based mobile-money systems of Zimbabwe are conspiring, with the help of the Zimbabwe Stock Exchange, either deliberately or inadvertently, in illicit activities that are sabotaging the economy," the ministry said.

The measures will remain in place until mobile-money platforms have been “reformed to their original purpose and all the current phantom rates of exchange have converged into a genuine rate of exchange that is determined by market forces under the Foreign Currency Auction system," it said.

The Zimbabwe dollar has slumped to 57.35 per U.S dollar after a currency peg of 25:1 in place since March was abandoned.

Ecocash said in an emailed statement it would expect a directive of this nature and significance to be communicated by the Reserve Bank of Zimbabwe. With more than 10 million registered users, it’s the country’s biggest mobile-money operator and it said clients should “remain calm and continue to do lawful transactions as usual."

Zimbabwe Stock Exchange Chief Executive Officer Justin Bgoni said he had not been officially informed of the measures and could not comment. Telecel CEO Angeline Vere said she was unaware of the announcement.

https://www.bloomberg.com/news/articles/2020-06-26/zimbabwe-halts-stock-exchange-mobile-money-to-steady-currency

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

Harambe:  Zimbabwean: Ecocash defies Zimbabwe order to suspend mobile money transactions https://www.thezimbabwean.co/2020/06/ecocash-defies-zimbabwe-order-to-​suspend-mobile-money-transactions/

Courtesy of Dinar Guru

Pimpy  ...I told you guys things were starting to go and move at neck-breaking pace.  Things are going really really good...We're that close IMO to the rate change happening for the Iraqi dinar...there's a push and I know I'm right about this...we see a lot of things happening at one time... 

Article:   " Al - Kazemi on the strategic dialogue with America:  It was confirmed for the first time the recognition of national sovereignty".  

Didn't I tell you what they needed to do?  Did I not say they have to restore their sovereignty and then we need their currency to be recognized internationally? ...I'm telling you what's gonna happen is when they get here into the United States you're gonna see it... 

You're gonna see a Rose Garden Podium speech with Al-Kazemi and Trump and Trump is gonna say to the international community it's time to restore the sovereignty of Iraq so that the Iraq people can start moving ahead and rebuilding their country and by doing so we need to remove the restrictions off of their currency and it will once again be recognized internationally which means banks like Wells Fargo, Chase banks and other banks that deal with currency will then be able to either sell or buy from from you the Iraqi dinar...we've been waiting for this...

Iraq's national sovereignty - that is the key...it's about to happen.  It definitely looks like it's about to happen...

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

Iraqi Dinar News 06/27/20

Pimpy’s Investment Chat:  Jun 27, 2020

https://youtu.be/5IoxPTHQLfA?t=5