“Tidbits From TNT” Wednesday Morning 5-22-2024

TNT:

Tishwash:  Biden's decision to extend the emergency in Iraq protects Baghdad's money - Iraqi expert

The expert in American affairs, Professor Aqeel Abbas, confirmed that the White House’s decision, which was issued yesterday, to extend the state of emergency in Iraq, stems from economic and financial reasons, and has no military or security aspect.

He said that the United States protects Iraqi funds from seizure in accordance with this decision, as There is an unknown number of companies and entities around the world that have sued Iraq over the invasion of Kuwait, and if this protection decision is cancelled, Iraqi funds outside the country will be subject to seizure.

Aqeel Abbas, in a statement:

Extending this decision is economic and financial, not military or security. It protects Iraq from judicial rulings issued by courts in several countries against Iraq, some of which we do not know yet, because the Iraqi state did not inventory the cases filed against the backdrop of the invasion of Kuwait. Many companies were harmed at that time and lawsuits were filed in different countries.

If the US decision is not extended, many Iraqi funds will be seized, and it will be difficult for Iraq to transfer oil money to the Central Bank.

Today, the United States is the protector of Iraqi funds. The funds go to an American bank in New York and then are transferred to Iraq.

Biden stated in a letter addressed to the US Congress:

Obstacles to the orderly reconstruction of Iraq, the restoration and maintenance of peace and security, and the development of Iraq's political, administrative, and economic institutions continue to pose an extraordinary threat to the national security and foreign policy of Iraq and to the United States.

The national emergency declared in Executive Order 13303 relating to Iraq will remain in effect after May 22, 2024 for another additional year.   link

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CandyKisses:  Sudani arrives in Tehran to offer condolences on the death of the Iranian president and his companions

Shafaq News-Prime Minister Mohammad Shia al-Sudani arrived on Wednesday morning in Tehran to offer condolences on the death of President of the Islamic Republic of Iran Ebrahim Raisi, Foreign Minister Amir Hossein Abdollahian and their companions in the crash of the helicopter they were carrying them.

The Sudanese media office said in a statement today that the Sudanese is heading a high-level official delegation that includes the President of the Federal Court and a number of ministers and governors.

An informed source said on Tuesday that the Sudanese will participate in the funeral of the Iranian president in the capital, Tehran.

The source told Shafaq News Agency that "the Sudanese will head to the Iranian capital Tehran in order to participate in the official funeral of Iranian President Ibrahim Raisi on Wednesday."

On Monday, Iran officially announced the death of President Ebrahim Raisi along with Foreign Minister Hossein Amir-Abdollahian in the crash of a helicopter they were traveling with other officials in a rugged area near the border with Azerbaijan, in the northwestern province of East Azerbaijan.

Mourners began gathering in Tehran on Tuesday in preparation for days of funerals and processions for the late Iranian president, his foreign minister and other officials who died in the helicopter crash.

On Tuesday morning, a motorcade driven by a truck carrying coffins slowly moved through the narrow streets of central Tabriz, the closest major city to the crash site.

The bodies are due to be transported to Qom before being transported to Tehran, a funeral ceremony presided over by Iran's Supreme Leader Ayatollah Ali Khamenei on Wednesday, and a procession will be held in Birjand, Raisi's hometown, on Thursday, followed by a funeral and burial in the city of Mashhad.

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CandyKisses:  The Council of Ministers issues decisions on lagging projects and financial reform

Baghdad - Mawazine News

The Council of Ministers on Tuesday adopted new decisions related to the country's neglarizing projects and financial reform steps, while deciding to install 17 general managers in separate departments.

This came, during the presidency of Prime Minister Mohamed Shiaa Al-Sudani, the 21st regular session of the Council of Ministers, in which the general situation in the country was discussed, the topics on the agenda were discussed, and the necessary directives and decisions were issued thereon, according to a statement received by Mawazine News.

At the beginning of the session, the Sudanese touched on the painful incident that claimed the lives of the President of the Islamic Republic of Iran, the Minister of Foreign Affairs and their companions, stressing the solidarity of Iraq, the government and people, with the Iranian people and the Iranian leadership in these difficult times, and described the departure of the Iranian president as a great loss, because of his personality that loves peace, work and cooperation, referring to the joint files, whether between the two countries and with the countries of the region, which witnessed, during his presidency, further progress and achievement.

The session witnessed the review of the results of the report on the evaluation of the performance of ministries in the field of anti-corruption for 2023, and the Prime Minister directed all ministers to pay attention to the results of the report, and work to follow up on his recommendations and observations and remedy them in the results of the evaluation for 2024.

In the context of following up on infrastructure projects, the Prime Minister directed the preparation of a comprehensive vision and an integrated study on the Hally Road project in Basra Governorate, attracting sober companies in implementation, and coordinating with Basra Governorate on completion and implementation.

The Prime Minister also directed, within the framework of reforming the administrative structures of state institutions, to re-form a committee that is studying the merger of the General Company for Food Trading and the General Company for Central Markets, to present the results within a month.

The Council of Ministers continued to consider the file of lagging and suspended service projects, and put the processors to complete the work in them, as it approved the following:

1- Increasing the amount of the reserve for the project (processing and implementation of two treatment stations in Nasiriyah / Dhi Qar Governorate), and increasing the total cost of the Nasiriyah sewage project.

2- Increasing the total cost and amount of reserve for a construction (establishment of the second corridor of the Ghammas Junction Road - Al- Hamza 62 km).

3- Increasing the total cost and amount of reserve for a construction (establishment of a modern bridge and its approach).

With regard to evaluating the efficiency of general managers and follow-up performance, the Council of Ministers approved the installation of (17) Directors-General in various state ministries and institutions, distributed by (4) general managers in the Ministry of Water Resources, (3) in the Ministry of Agriculture, (3) in the Independent High Electoral Commission, (3) in the Military Industrialization Authority, and one Director-General in the ministries of electricity, industry, the Political Prisoners Foundation, and the Federal Financial Supervision Bureau.

In the context of following up the implementation and completion of traffic jam mitigation projects, the Council of Ministers approved what is confirmed in the book of the Ministry of Construction, Housing, Municipalities and Public Works, on the project to develop (front torm), provided that the Ministry bears the integrity of the procedures related to contracting. The project includes the expansion of the road from the front towards the Diyala Bridge, to improve traffic, and to ensure that the realization of the flow of integration with the project of the Mohammed Al-Qasim road connecting the road to the army canal road from the side of Rustama, in addition to the expansion of adjacent streets within the track, the establishment of two bridge intersections and the organization of the front.

The Council of Ministers voted to exclude the Italian company (GKSD) from the registration conditions set out in the amended Foreign Companies Branch Law (2 of 2017), and approve the financing of the preparation and management contract for the Internal Security Forces Hospital from the budget of the Directorate of Welfare Affairs of the Internal Security Forces, while ensuring the implementation of the restriction of all revenues, which the hospital receives from its operation, finally in favor of the budget of the aforementioned Directorate.

In the field of financial and administrative reform, the Council of Ministers approved the adoption of the (National Methodology for Good Governance Standards in Iraq), prepared by the Diwani Order Committee (84 of 2021), based on the provisions of the Constitution, taking into account the observation of the Legal Department in the General Secretariat of the Council of Ministers, not to create a section related to the follow-up of the implementation of the adoptions of good governance and administrative configurations, within the planning departments in ministries and entities not associated with the Ministry and governorates; to to conflict with the government's vision of reducing and rationalizing administrative structures. A specialized team, from the Ministry of Planning, the Board of Advisors and the Follow-up Committee of the Government Program, submits a report every (3) months, to the Prime Minister for decision.

As part of the follow-up of the energy projects with foreign companies, the Council of Ministers approved the recommendation of the Ministerial Council for Energy (24035 i) for the year 2024, which includes the contractor (Dutch Boskas Company) for a period of one month to sign the contract, starting from the date of issuance of the decision of the Council of Ministers, otherwise the appropriate measures will be taken in accordance with the instructions for the implementation of government contracts (2 of 2014).

In the same file, the recommendation of the Ministerial Council for Energy (24039 I) for the year 2024, on the supply of gas from (Al Hilal Oil Company) was approved, which includes the approval of the findings of the committee composed in the Ministry of Electricity, on discussing the price of dry gas to be processed from (Al-Hilal Oil Company), to the Kirkuk gas power plant, according to the details established by the ministry, and its continuation of signing the contract with the aforementioned company, taking into account interest the opinion of the Legal Department in the General Secretariat of the Council of Ministers, and the Ministry bears the integrity and accuracy of contractual procedures, in accordance with the laws, regulations and instructions.

In the foreign relations process, the Council of Ministers agreed to submit the Ministry of Foreign Affairs, through an official memorandum, to ensure the right to open a consulate general of the Federal Republic of Germany to the Republic of Iraq, in case of a future request in accordance with reciprocity, and the matter will be presented to the Council of Ministers at the time after determining one of the Iraqi provinces from the German side to be the headquarters of its consulate.

In application of the Council's approach to supporting the localization of the pharmaceutical industry, and encouraging the production of medicines and medical supplies inside Iraq, the Council of Ministers approved the exception (National Health Factory) from the provisions of paragraph (1) of its resolution No. (23151), related to the classification of pharmaceutical factories and the controls of referring the contracts of the Ministry of Health to them, in accordance with the classification mentioned in the aforementioned article.

The Council also approved the amendment of its resolution (24045 of 2023), regarding the Ministry of Industry and Minerals to take over the processing of the Justice Book and Real Estate Registration Departments with real estate agencies and bonds, in order to ensure the printing of the needs of the real estate registration and the law book departments in all the Ministry of Justice, not the agencies and the real estate bond (25) only, as well as the General Company for Food Products / Ministry of Industry and Minerals, amending its founding statement in line with the activity mentioned in accordance with the law.

In the direction of cooperation in the judicial and legal field with friendly countries, the Council agreed to authorize the Minister of Justice to negotiate and sign a draft cooperation agreement, between the Government of the Republic of Iraq and the Government of the Republic of Bangladesh, in the field of transferring those sentenced to deprivation of liberty, based on the Constitution, and the Ministry of Foreign Affairs to prepare the necessary document of authorization on behalf of the Government of the Republic of Iraq to the Minister of Justice, in accordance with the adopted contexts and submit it to the General Secretariat of the Council of Ministers; to obtain the signature of the Prime Minister.

In the field of following up Iraq's contribution to international efforts to combat climate change, the Council of Ministers approved the retention of the members of the permanent negotiating delegation for climate change, and the possibility of replacing them except as stipulated in the Diwan Order (24115 of 2024), and securing financial allocations for the participation of the members of the permanent negotiating delegation for climate change in the various climate meetings, as well as the annual climate conference, in accordance with the laws, regulations and instructions in force. The Ministry of Finance finances the amount established by the Ministry of Environment.

Mot: . Yaaaaaaaaaaaaaaaeh! -- Its FRIDAY!!! – ooooh 

Mot: Be sure to follow directions

News, Rumors and Opinions Wednesday AM 5-22-2024

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Wed. 22 May 2024

Compiled Wed. 22 May 2024 12:01 am EST by Judy Byington

Judy Note: The Q Clock ended on Tues. 21 May 2024 – the same day Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), announced his decision to step down from his executive role. This move marked the end of an era for the WEF, the Cabal’s Global platform established in 1971 to engage the world’s top leaders in to be in control of the World’s global, regional and industry agendas. Coinciding with Schwab’s announcement, Jamie Dimon, the CEO of JPMorgan Chase has announced his plans to retire and the FDIC chairman was also stepping down. These developments, alongside the introduction of the “End the Fed” Bill and the passage of a Blockchain Bill, signal a shift in global economic and financial systems back to The People.

Tues. 21 May 2024 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#:

There was a meeting last night with 64 individuals in Reno to decide when the emails were going out for Tier 3, 4a,b. They were told to make the decision whether this was going on Tues. 21 May, or on Wed. 22 May.

It appears that this could go any time between 3pm and 9 pm Wed. night 22 May and then we start our exchanges on Thurs. 23 May.

A Metals Broker said this could go tonight Tues. 21 May.

On Sat. 18 May the Currency Rates on Bank and Redemption Center screens were showing zeros, and then on Sun. 19 May they started moving upward. By Mon. 20 May the currency values were still going up very fast.

A report from one Redemption Center said the currency rates were going up extremely fast in value.

The contract rate on the Dinar was very, very high.

Several Countries were installing new leadership such as Switzerland, Brazil and Iran, while Singapore has pulled away from Great Britain and has a new leader. The countries were moving to be Sovereign.

A Metals Broker said that this could go overnight tonight Tues-Wed 21, 22.

Everyone left Reno either last night or at 6am this morning. That means they got things done and we should have this overnight tonight or tomorrow.

US Treasury Conference Call on Sun. 19 May 2024: “Everything is on schedule and the US is finishing up last minute paperwork. All tests for the RV have gone great. Stay positive. It’s coming.”… Mena, Liberty Lounger Extraordinaire on Telegram Sun. 19 May 2024

Mon. 20 May 2024 MarkZ: “Many banking sources are expecting big things this week. Many bankers are upbeat about this upcoming Memorial Day Weekend.” 

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Global Financial Crisis:

Tues. 21 May 2024 Why the Federal Reserve Fears This New Bill to End Its Power. A door has opened for an American MONETARY AND CURRENCY RESET that ENDS the Fiat Financial System. https://ai3d.blog/why-the-federal-reserve-fears-this-new-bill-to-end-its-power/

Tues. 21 May 2024 BRICS Trade Hits New Record as US Dollar Takes Big Hit. The BRICS economic alliance has seen its unilateral trade reach a notable new record as the US dollar has taken another big hit. Specifically, two of the bloc’s most prominent nations have seen trade exchanges surpass $50 billion for the first time in history, according to the Emirates News Agency. Indeed, Russia and India have facilitated record bilateral trade relations, with the figure reaching $17.5 billion in the first quarter of the year. Subsequently, the nations have seen trade activity grow by more than 5% in local currency, with the move certainly affecting the prominence of the greenback on the international stage.

In the lead-up to the creation of the FED, big banks consolidated power – deciding the fate of money behind closed doors.

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Mon. 20 May 2024 The Blockchain Act: 3 More Steps To Financial Freedom, Ariel on X https://x.com/prolotario1/status/1792636180518900011?s=46 congress.gov/bill/118th-congress

Locked & Loaded: With Blockchain, your money is locked up tight. No hackers, no scammers, no funny business. It’s like having a 24/7 bodyguard for your bank account.

The Speeding Bullet: Forget waiting days for your money to move. Blockchain transactions are fast, secure, and convenient. Getting paid and paying others is extremely quick.

Bye-bye, Big Banks: Blockchain puts the power back in the hands of the people. No more relying on those suits in the high-rises to handle your dough. You’re in control now. So be wise with your decisions.

Transparency Is Key: Blockchain is like an open book. Everyone can see what’s going down, but nobody can mess with it. That means no shady dealings or backdoor schemes.

Uncle Sam In The Crosshairs: With Blockchain, the government can’t just print money like it’s going out of style. This helps keep inflation in check, so your cash doesn’t lose its value. Factor in the gold standard and you are basically invincible.

ISO-20022, Basel ¾ Comes 589 SOFTR: We will have all the tools in the world to secure our financial independence.

This was passed by a 334-79 majority. Any political figure caught trying to vote against this will be voted out of office. It will be plain as day for those who want to keep the American people in financial turmoil.

Now I see why some are now supporting crypto/digital age. Everything will be tokenized. I people who prefer cash/paper will not be disregarded in lieu of exclusive digital money like the Federal Reserve CBDC agenda because everything will be on Blockchain. So it will be a monumental change in how our money is managed.

Read full post here:  https://dinarchronicles.com/2024/05/22/restored-republic-via-a-gcr-update-as-of-may-22-2024/

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

Frank26   THE MOMENT THEY RELEASE THE NEW EXCHANGE RATE AND NEW LOWER NOTES...  THE FLOAT AUTOMATICALLY STARTS ON FOREX!  That's the float that's going to take it to the real effective exchange rate.

Mnt Goat   So, in today’s news we read multiple articles coming out from the CBI and the Iraqi news telling us about yet more “WOW!” news...much of this news is confirming what my CBI contact told me recently so my trust level of my contact increases too. ...In today’s news the CBI is telling us they are moving into the “second phase of banking reforms” ...WOW! WOW! WOW!  ...Folks this RV train is moving along rapidly now. It is right in our faces now what they are doing. No more guessing or hoping. The reinstatement spigot is now wide open! ...The reinstatement is coming...Folks, it is now EXPLODING!  

Iqd iraq good good good

Nader:  5-21-2024

https://www.youtube.com/watch?v=X-TbAYpksKw

CBI Meeting with World Bank Vietnam in Trouble? Maybe

Edu Matrix:  5-22-2024

CBI Meeting with World Bank Vietnam in Trouble? Maybe IQD/USD VND/USD Exchange Rates.

https://www.youtube.com/watch?v=2DwebvAyHdU

Iraqi Dinar Video Update Late Tuesday Evening 5-21-24

Iraqi Dinar Video Update Late Tuesday Evening 5-21-24

Finally Iraq Bank Released IQD New Rate – 6:29

It's Massive Update Latest Update – 4:14

Chase Bank & US Treasury Big Announced About IQD rv - 3:48

Iraqi Dinar Congrats Some Exciting News Comig Out From Iraq – 4:57

 Finally Iraq Bank Released IQD New Rate – 6:29

https://www.youtube.com/watch?v=4aYsaL75J6k

It's Massive Update Latest Update – 4:14

https://www.youtube.com/watch?v=pAzwVyA2Xb0

Chase Bank & US Treasury Big Announced About IQD rv

https://www.youtube.com/watch?v=9X1gcmSDLts

Iraqi Dinar Congrats Some Exciting News Comig Out From Iraq – 4:57

https://www.youtube.com/watch?v=voN1Ha5DqEk

Goldilocks' Comments and Global Economic News Tuesday Evening 5-21-24

Goldilocks' Comments and Global Economic News Tuesday Evening 5-21-24

Good Evening Dinar Recaps,

"The final elements for the implementation of Basel III in the EU are now agreed and will start applying on the 1st of January 2025."

Currently, we have tokenized assets and stablecoins backed by gold and other commodities moving through legislation and expected to become law at the end of June 2024.

This is forcing governments around the world to begin making decisions to implement their new digital economy. These monetary policy shifts will create credit valuation adjustments across all sectors of the market including Forex.

Countries have began moving towards bilateral trade agreements utilizing their own currencies in trade. This move will increase the demand for their currencies, yet they still need a stable price on them.

This is where stablecoins come into play. Stablecoins are backed by commodities. This alone will support the need to raise the value of currencies around the world to level the playing field in trade.

For the last 4 years, trade has been disrupted and rerouted to increase the level of exports in countries around the world offering support for these new currency values that are about to come into play.

The IMF has been working with countries globally to give guidance and instruction on their countries' ability to shift into a new supply and demand regimen. Work has been done to increase Capital Requirements  through commodities and increasing exports.

These measures will support new values and justification for currency valuation adjustments because their credit in the ability of doing so will be met by the above requirements.

We have a deadline for these changes to take full effect by January 1st, 2025. As you can surmise, price pressures to move into a real value between now and then are about to begin.

Look for XRP and XLM to be the first movers in the new digital economy. Their supporting actors will be ISO 20022 digital coins. These ISO tokens will be networks that will move money from one sector of the market to another.

Our movement from wire transfers to instant transfers electronically and through a quantum computer will increase money velocity. This will increase demand and increase the value and support for currencies going to higher levels.

Just holding ISO tokens and utilizing them in the new economy, with gold backing each of them, will serve as the bridge to our next economy. Commodities will be the next long-term Bull Run.

Our first RV (digital) is about to interface with traditional market assets on the QFS. This will transform our banking system and markets (paper money) into the new digital asset based trading system - the second RV.  Study Smarter   The Print    IT Supply Chain    Investopedia   Deloitte
 
© Goldilocks

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RESULTS of Iraq's Emergency Budget Meeting | Youtube

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Twitter

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CBI Meeting with World Bank Vietnam in Trouble? Maybe | Youtube

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NEW: House Democratic leaders said today they will NOT whip against House Republicans' crypto bill, I'm told.

The whip question sent to members this a.m. says that Waters and Scott "strongly oppose" the legislation, but does not urge them to vote "no": politico.com/f/?id=0000018f…    Twitter

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Folks, the new digital economy continues to move forward, and it is beginning to force decisions around the world on the government level.

Things have reached a critical state in the currency markets forcing the issue to move forward with credit valuation adjustments across all sectors of the market.

We now have a drivers for the market. It is digital, gold, and sailed across the Open Seas.

© Goldilocks

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FIT21 Gets House Vote, Will Crypto Stay a Partisan Issue | CCN

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H.R.4763 - 118th Congress (2023-2024): Financial Innovation and Technology for the 21st Century Act | Congress.gov | Library of Congress

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H.R. 5403, CBDC Anti-Surveillance State Act | Congressional Budget Office

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Saudi fintech barq and TerraPay forge strategic partnership | Arab News

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Santander, Iberpay introduce global instant transfers | The Paypers

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Highlighted here, the Ripple case and the ruling of #XRP was the main catalyst that started the push for real legislation to pass.

Without Ripple v SEC, this week would not have happened.   Twitter

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Biden extends Iraq’s national emergency for more year | Search4Dinar

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Russia purchased arms manufactured by its BRICS counterpart India by paying $4 billion in local currencies and not the US dollar. The Indian-made arms and equipment were procured by Russia citing 'defense purposes'. | CryptoRank

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BlackRock Exec Predicts Tidal Wave of Institutional Money Flooding Into Bitcoin ETFs — TradingView News 

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World Economic Forum founder Klaus Schwab will leave executive post | Semafor

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Several States Take Steps To Block A Central Bank Digital Currency | ZeroHedge

👆 it's going to be a fight

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JUST IN: Donald Trump's presidential campaign officially accepts Bitcoin and crypto. | @Watcher Guru

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Silver's Final Breakout Has Begun as World Trumps US Derivative Markets | Youtube

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"Ripple CLO Claims The SEC Has a NODE on the XRP Ledger"

A NODE offers ways to approve and process transactions without a centralized authority.  

A node validates and authenticates blockchain transactions. A Blockchain node's primary job is to confirm the legality of network transactions.

Once a confirmation is made between two digital networks through a blockchain consensus, a transaction is validated on both sides of an exchange.

A protocol brings all nodes of a distributed blockchain network into agreement on a single data set or similar data confirming the right to move forward inside a blockchain connection. Then, a digital transaction can go through for both parties.

This is done electronically and without the need of someone mediating the transaction on the QFS.

It looks like XRP and the SEC have decided to play ball together.  Times Tabloid  Trade Marks  Ledger

© Goldilocks

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Thank you Dinar Recaps

Iraqi Dinar Video Update Tuesday Afternoon 5-21-24

Iraqi Dinar Video Update Tuesday Afternoon 5-21-24

It's Huge Update Today CBI Big Statement IQD RV – 3:24

Wells Fargo Confirmed Iraqi Dinar RV - 4:37

It's Time To Changed Your Dong Currency – 3:24

Iraqi Dinar Massive Reinstatemnent  - 4:29

It's Huge Update Today CBI Big Statement IQD RV – 3:24

https://www.youtube.com/watch?v=9HMHFybZoQ8

Wells Fargo Confirmed Iraqi Dinar RV – 4:37

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

It's Time To Changed Your Dong Currency – 3:24

https://www.youtube.com/watch?v=PJgbJxmL5wQ

Iraqi Dinar Massive Reinstatemnent – 4:29

https://www.youtube.com/watch?v=Ks3cKMM586Q

KTFA Tues. Night CC: “FRANK26….5-21-24……..BOOK…KEEPING”

KTFA

Tuesday Night Conference Call

FRANK26….5-21-24……..BOOK…KEEPING

This video is in Frank’s and his team’s opinion only

Frank’s team is Walkingstick, Eddie in Iraq and guests

Playback Number: 605-313-5163   PIN: 156996#

https://www.youtube.com/watch?v=165WRQQ6ojc

Pre-Recorded Tuesday Evening News with MarkZ 5-21-2024

Pre-Recorded Tuesday Evening News with MarkZ

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Mod:  HELLO EVERYONE! TONIGHT'S PODCAST IS PRE-RECORDED! THANKS

MZ: This is a very busy week for me work-wise.

MZ: I have been in touch with a number of contractors …projects that were moth-balled and stalled now suddenly have funding in place. I find this very interesting.

MZ: part of the rates I came up with in this morning’s podcast (about $3.90) were from interesting chatter from the contractors.

MZ: Where is the money coming from to start these massive projects . Their whole budget is about $162 Billion . But one contractor was told they are getting ready to start a $150 billion dollar project. Which means there is a lot more money moving than what we are seeing right now.

MZ: “Global Bankers are suddenly worried about the soaring US National debt”  Jaime Dimon –along with other heavy weights say the US is running off a fiscal cliff . They thought the fiscal cliff was further away…but we have accelerated spending and the fiscal cliff is right around the corner.

MZ: This is more signs of the crisis we are hitting. We know the answer-right?  RESET

MZ: I will have a bank story for you in the morning. Andy Schecctman will be joining us in the morning….Tomorrows schedule will be back to normal.

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.

THANK YOU ALL FOR JOINING. HAVE A BLESSED NIGHT! SEE YOU ALL IN THE MORNING FOR COFFEE @ 10:00 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

https://www.youtube.com/watch?v=FPLDLhbPX7U

Thoughts From DJ: “Desire and Desperation”

DJ:  DID YOU KNOW?

There is a difference between desire and desperation. Wanting and wishing for something to happen doesn’t make it come true or change reality.

 I take issue with Intel providers feeding off the desperation of those who have been put into a mindset of hope they have created.

Twenty years ago most would have been happy enjoying a moment of solitude watching a good movie laying in bed. But now its become torture because we want so much more.

Excessive want is a form of desperation. It’s like our conscious state has been reduced to this toxic blend of hope and uncertainty.

The problem is how to escape this state-of-mind. Finding a balance of holding onto hope and expectations of the GCR/RV and living with our real world of life issues.

There are side effects from putting too many eggs in this basket of hope. Your family and immediate circle of influence (friends) , probably think you’ve lost your mind.

You might have quit your day-job or spent savings you thought would soon be replenished. You can become angry or hostile to anyone who questions your belief. The self induced stress can affect your health and so on.

But reality is reality whether it fits your perceptions or not. I like metaphors so here is a GCR/RV metaphor.

 Imagine there is this war going on. On one side you have the good guys. The good guys are armed with everything needed to end the war. Information, solutions and mechanisms that will solve the problems. They are marching forward charged with their faith in these solutions.

They run into a minefield. On the other side of the minefield they can implement their strategies and end the war. But behind the army of good guys, coming in fast, are the bad guys , determined to end their crusade.

 Faced with the minefield in front of them, volunteers are sent out to create a path for the army of good to pass through it. One at a time a soldier is sent out. The first soldier makes it about fifty feet, steps on a mine and gets blown up. The next soldier in line follows the path of the first soldier for fifty feet and he gets fifty further and gets blown up. The next soldier in line now follows the path of the first two soldiers and starts from a hundred feet out.

Ultimately they will get through the minefield but how many soldiers will be left to implement the solutions? The faster they get through the minefield the more champions of good will be left to carry out the mission.

The bad guys have planted mines everywhere, some known and some not known. There is no standing still for the bad guys will catch up. There is no going backward because you’ll run into them. The only thing left is to move forward. There are no other options.

That is why I am pretty certain this event is destined to happen. They may blow a few of us up, but there are a lot of us and they can’t stop us all.

Or they could just drop a bomb on the minefield and things start tomorrow.

DJ

https://www.rumormillnews.com/cgi-bin/forum.cgi?read=240677

More News, Rumors and Opinions Tuesday PM 5-21-2024

Ariel: The Blockchain Act: 3 More Steps To Financial Freedom Locked & Loaded

With blockchain, your money is locked up tight. No hackers, no scammers, no funny business. It’s like having a 24/7 bodyguard for your bank account. 

The Speeding Bullet: Forget waiting days for your money to move. Blockchain transactions are fast, secure, and convenient. Getting paid and paying others extremely quickly. 

Bye-bye, Big Banks: Blockchain puts the power back in the hands of the people. No more relying on those suits in the high-rises to handle your dough. You’re in control now. So be wise with your decisions. 

Transparency Is Key: Blockchain is like an open book. Everyone can see what’s going down, but nobody can mess with it. That means no shady dealings or backdoor schemes. Uncle Sam In The Crosshairs: With blockchain, the government can’t just print money like it’s going out of style. This helps keep inflation in check, so your cash doesn’t lose its value. 

Factor in the gold standard and you are basically invincible. 

ISO-20022 
Basel 3/4 Comes 
589 SOFTR 

We will have all the tools in the world to secure our financial independence. This was passed by a 334-79 majority. 

Any political figure caught trying to vote against this will be voted out of office. It will be plain as day for those who want to keep the American people in financial turmoil. 

Now I see why some are now supporting crypto/digital age. Everything will be tokenized. People who prefer cash/paper will not be disregarded in lieu of exclusive digital money like the Federal Reserve CBDC agenda. Because everything will be on Blockchain. 

So it will be a monumental change in how our money is managed.

https://www.congress.gov/bill/118th-congress/house-bill/6572

https://dinarchronicles.com/2024/05/20/ariel-prolotario1-3-more-steps-to-financial-freedom-locked-and-loaded/

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

Frank26  Article: "The Central Bank begins the second phase of its banking reform strategy"  THE SECOND PHASE OF THE MONETARY REFORM OF THE IQD...'WILL BE REFLECTED IN THE STABILITY OF THE EXCHANGE RATE AND THE RECOVERY OF THE IRAQI DINAR INEVITABLY'! (INEVITABLY MEANS IT HAS TO HAPPEN... IN CONCLUSION: A SANCTIONED PROGRAM RATE DOES NOT REFLECT STABILITY !)

Pimpy  There's a lot of interesting news but one in particular just got my attention.  The conversation about floating the Iraqi dinar.  If ever you wanted something to happen and for it to move in a positive way, floating the Iraqi dinar would be it since they have not re-denominated and they have not removed the zeros, if they go to a floating exchange rate and... the world goes crazy and starts buying up a lot of Iraqi dinar and it causes the exchange rate to jump up in value really quickly...as soon as you spot a rate you're comfortable with, man you better sell and...get rid of the dinar...This is really exciting if they decide to go that route.  I just don't think they're going to do it.

Russia Seizes EU Bank Assets, China Economic Bazooka Begins, Russian Gas To China Unstoppable

Sean Foo:  5-21-2024

Russia has frozen yet more Western assets. This time, they have targeted Western banks still in Russia and this won't stop.

Meanwhile, China's big stimulus push has begun, unleashing over $138 billion dollars in bonds to rescue the property sector.

Finally more cheap Russian gas will be flowing to China soon and this could be a big game changer.

Timestamps & Chapters:

 0:00 Russia Freezes EU Bank Assets

2:52 Yellen Wants Confiscation

6:07 China Huge Stimulus Begins

9:12 China's Big Rescue Plan

12:25 Cheap Russian Gas To China

https://www.youtube.com/watch?v=ix-Q4GWj18M

Iraq Economic News and Points to Ponder Tuesday AM 5-21-24

Iraq Economic News and Points to Ponder Tuesday AM 5-21-24

The International Monetary Fund: It Is Expected That Iraq’s Economy Will Recover By 5.3% For The Year 2024-2025

Posted On05-21-2024 By Sotaliraq  Translated by / Hamed Ahmed  The International Monetary Fund indicated in its latest report that there are expectations for an economic recovery in Iraq for the year 2024-2025, reaching a rate of 5.3% before gradually stabilizing at a rate of 3.5% in the medium term, warning at the same time that the economic situation in general is fragile and that without action Economic and financial reforms regarding spending. This growth is vulnerable to decline if oil prices fall.

The Executive Board of the International Monetary Fund stated in its report issued on May 16, 2024, that local stability has improved further since the new government took office in October 2022, which facilitated the passage of the first three-year budget in Iraq, which led to a huge financial expansion starting in 2023. This supported a strong recovery in Iraq's non-oil economy after a contraction in 2022, and a decline in inflation by the end of 2023 by 4%.

However, Fund experts point out that the economic situation in Iraq is still fragile, as its non-oil imports and exports constitute only a small portion of the gross domestic product, making that country vulnerable to major fluctuations in oil prices.

On the other hand, the public sector is still dominant in the arena, compared to a decline in private sector development procedures for reasons related to cases of corruption and bureaucracy, as well as dilapidated infrastructure and difficulty obtaining credit, and unemployment rates are still high, especially among the youth segment, stressing the necessity of taking reform measures. Economic and financial.

The International Monetary Fund expected the growth and recovery of the gross domestic product in Iraq for the year 2024-2025, driven by improved oil production rates and financial expansion, indicating its growth by 1.4% in the year 2024, expecting the country’s gross domestic product growth rates to increase to reach 5.3% in the year 2025 before stabilizing. In the medium term, gradually at a rate of 3.5%.

While Fund experts pointed out that the risks of a decline in oil prices and an increase in OPEC+ demands to reduce production would cast a shadow on the growth rate and increase pressure on external debt, stressing the necessity of taking radical economic and financial structural reform measures to ensure continued financial and financial stability.

External debt and the necessity of developing the aspect of diversifying the sources of the economy and achieving stable and comprehensive growth for the private sector.

The Fund's experts recommend encouraging the Iraqi authorities to focus their control on public spending lists and mobilizing non-oil revenues, with the necessity of making reforms in controlling customs port resources and restricting excessive public expenditures to achieve a financial settlement while reforming the financial aid and retirement system.

The Fund's experts also recommended the need to restrict the Central Bank's financial policy efforts and strengthen the monetary liquidity policy framework, noting that improving coordination between financial and monetary operations will help absorb the increase in liquidity and enhance the financial transfer policy.

They also stressed the need to restructure banks and government banks, encourage the modernization of the private banking sector, and facilitate the establishment of mutual banking relationships.

The report states that developing the private sector and diversifying the sources of the economy are essential factors to ensure long-term financial stability and enhance job creation. This requires comprehensive reform of the private market aimed at improving society's capital and improving the environment for private commercial activities, including reforming the electricity sector and combating corruption.

The experts stressed the need to enhance the development of the private sector and develop economic diversification to address the long-term unemployment crisis and confront any future economic challenges.

As it is expected that the rate of the number of people entering working age will increase rapidly, adding 0.8% of the labor force entering the market annually, which requires a growth in the gross domestic product at a rate of 5% for the next ten years to be able to absorb this growth in the labor force and reduce the unemployment rate. To one degree.    LINK

The Acquisition Of The Currency Window Opens The Appetite Of “Jordan National Bank” To Open A “Digital Bank”

Economy  05-21-2024 | 2,526 views  Alsumaria News – Economy  After a member of the Parliamentary Integrity Committee, Alia Nassif, announced that the Jordan National Bank is one of a group of banks in the process of obtaining a license to open a “digital bank” without a headquarters in Iraq, it seems that the Jordanian Bank was not satisfied with its “takeover” of the currency selling window. According to experts in the economic field.

Representative Alia Nassif said in a statement received by Al-Sumaria News, “7 licenses will be issued for digital banks, or the so-called environmentally friendly green bank, which are banks that do not have headquarters (one of which is affiliated with the Jordan National Bank).”

Nassif added, "This wrong step comes at a time when the banking sector in Iraq is suffering from an increase in banks. The service provided by digital banks could have been added to Iraqi banks instead of granting licenses to unknown banks without headquarters and without capital."

For his part, economic expert Duraid Al-Anazi said in an interview with Al-Sumaria News, “The Jordan National Bank has internal and external privileges and extensive relations and correspondents, and it took advantage of the weakness of Iraqi banks in this aspect by seizing the largest part of the currency selling window,” indicating that “the central bank is incapable.” About finding a solution to this process because of the risks it poses.”

Al-Enezi added, "These risks are represented by the fact that the transfers that go out from the Central Bank to the Jordanian Bank are unsafe if it is subjected to any external accounting, because Iraq does not have any control over it as a foreign bank."   LINK

The Presidency Of The House Of Representatives Receives The 2024 Budget

Iraq  Tuesday, May 21, 2024 12:52 PM   Baghdad/National News Center

Today, Tuesday, the House of Representatives announced that it had received the federal general budget schedules for the current year, 2024, from the government.

The Secretary-General of the House of Representatives, Safwan Bashir Al-Jarjari, said in a statement received by the National News Centre, that “the 2024 budget tables have been received from the government.”   Al-Jarjari added, “The tables have been referred to the Presidency of the House of Representatives.”   https://nnciraq.com/256161/

The Deputy Secretary-General of the Council of Ministers discusses with the Regional Director of the World Bank Indicators For Improving The Business Environment And Supporting The Private Sector In Iraq

Tuesday 21, May 2024 11:19 | Economical Number of readings: 259  Baghdad / NINA / Deputy Secretary-General of the Council of Ministers, Dr. Farhad Nimatullah Hussein, discussed with the Regional Director for Equitable Growth, Finance and Institutions for the Middle East and North Africa at the World Bank, Muhammad Nader, and his accompanying delegation, indicators of improving the business environment, and supporting the files of digital transformation and the banking sector in Iraq. .

According to a statement, the Deputy Secretary-General of the Council of Ministers confirmed to the Council that the Prime Minister’s government program focused on supporting the private sector by improving the business environment and simplifying procedures in various fields, given the importance of this vital sector and the necessity of multiple sources of income in Iraq.

He pointed out: “The committee for improving the business environment was formed at the highest level of the government and concerned sectoral bodies, and within the business environment and the support of the private sector, it completed many works that contributed to addressing the obstacles facing this sector, most notably: amending the companies law, the tax law, and issuing a law.”

 New insolvency issues, in addition to simplifying procedures for issuing construction permits, facilitating the registration of companies and establishing a single window, and supporting and encouraging foreign investments in Iraq.

The Deputy Secretary-General called on representatives of the World Bank to provide support and assistance in the areas of developing the work of the banking sector, digital transformation and electronic governance. And supporting investment and reform of state-owned companies.

For his part, the Regional Director for the Middle East and North Africa at the World Bank indicated that the Bank is a key partner in supporting Iraq’s aspirations, to improve the business environment and implement strategic plans and programs to develop the private and financial sector and support digital transformation in Iraq, stressing that Iraq is one of the leading countries and the first country within the Middle East region to fully work and implement processes to improve the business environment that would increase investments in Iraq./End3   https://ninanews.com/Website/News/Details?key=1127856

To read more current and reliable Iraqi news please visit :  https://www.bondladyscorner.com/

Provoking Thoughts and Points to Ponder on Money

Be the business never so painful, you may have it done for money.  - Thomas Fuller

But then one is always excited by descriptions of money changing hands. It's much more fundamental than sex.  - Nigel Dennis

God makes, and apparel shapes: but it's money that finishes the man.  - Thomas Fuller

If a man has money, it is usually a sign too, that he knows how to take care of it; don't imagine his money is easy to get simply because he has plenty of it.  - Edgar Watson Howe

Interest works night and day in fair weather and in foul. It gnaws at a man's substance with invisible teeth.  - Henry Ward Beecher

http://www.famousquotesandauthors.com/topics/money_quotes.html

http://www.famousquotesandauthors.com/

Civil War… Really?

Civil War… Really?

Notes From the Field By James Hickman (Simon Black)  May 20, 2024

On July 12, 1648, dozens of angry French politicians gathered at the hallowed Palais de Justice in Paris to draft the final ultimatum that would be sent to their nine-year-old king, Louis XIV.

The politicians were all members of France’s national parliament, and, like most modern politicians, they were almost all lawyers who lived extremely privileged lives at the expense of French taxpayers.

In France, most aristocrats historically came from a group known as the noblesse d'épée, essentially Knights of the Sword. They were warriors who had fought valiantly and had won their power for their dedicated service to France.

This new class of politicians, however, came from a different group known as the noblesse de robe. They had never fought or bled for France, and rather had spent their lives in academia and law school without any understanding of the real world.

And while they claimed that their political crusade was all about ‘the people’, it was obvious that they just wanted more power for themselves.

France was just coming out of the Thirty Years’ War. The King was just a boy. The chief minister-- Jules Mazarin-- was extremely unpopular. So, these politicians saw an opportunity to take power.

They relied on their friends in the media to create divisions in French society-- Catholics versus Huguenots, peasants versus merchants-- and before long there was talk of civil war. And it didn’t exactly go as planned.

On August 27, a few weeks after submitting their ultimatum, roughly 160 politicians marched to the royal palace. They were joined by a small crowd of peasants who were dumb enough to believe that these nobles actually cared about commoners’ problems.

The royal court initially decided to placate and respect the crowd, so Louis’ mother took him outside of the city for a while. The politicians and their peasant followers immediately declared victory and turned Paris into a sort of ‘autonomous zone’.

But as months went by and nothing really improved, many of the peasants began to realize that they were just pawns in the noble’s attempt to seize power and turn France into an even worse feudalist state.

Eventually the boy king returned-- this time with his army. And suddenly the rebel nobles realized that their civil war was about to get real. Trained, professional fighters were about to march through Paris and vanquish all the sissy elites who had never fought a day in their lives.

Sure, the elites knew how to write angry letters. They knew how to use the media to stoke divisions and call their opponents all sorts of horrible names. They knew how to talk tough. And if they were alive today, they’d probably be really great at making TikTok videos.

But they were ultimately a bunch of cowards who weren’t even willing to get a bloody nose for their so-called beliefs. And France’s ‘civil war’ was over in no time.

This is one of the great lessons from history: it’s easy to pretend that you stand for something when the cost for doing so is absolutely nothing. You only find out what people truly believe when their own blood and livelihood is on the line.

In our modern era, we have equally incompetent, idiotic, wimpy politicians who are devoid of backbone. They have no clue how the real-world works, and they live a life of lavish status courtesy of the taxpayer.

They, too, have stoked division and animosity among the population. People used to be able to disagree with one another civilly. Now countless fanatics viscerally hate the other side and call for large groups of people, whether ‘billionaires’ or ‘Trump Supporters’ or ‘oil execs’, etc. to be lined up against the wall and shot.

There is no rational discourse anymore, only shouting matches, angry Twitter feuds, and ‘mostly peaceful’ protests. The takeover of so many college campuses across the Land of the Free is a testament to how far civil discourse has fallen.

It’s so bad that a number of polls suggest up to 43% of Americans think another civil war is coming within a decade. Even Ray Dalio-- billionaire founder of the world’s largest hedge fund-- recently said the same thing in an interview with the Financial Times last week. Some politicians and vocal social media personalities have also called for a ‘national breakup’.

Given that there’s even a Hollywood production out in the theaters right now literally called Civil War about a future breakdown of the US, we thought it was time to weigh in with a dose of reality.

Let’s be honest: an actual “war”, i.e. shooting, violence against violence, etc. isn’t going to happen.

Just like the French civil war in the mid-1600s, the majority of the hyper-angry progressive rebels in America today are elitist cowards. One need only take a look at the people who have taken over the universities: they’re idiot kids, not terrifying holy warriors.

Sure, it’s easy to look tough and storm an administrative building when your spineless university president tacitly (or explicitly) supports your cause.

But the second there’s any real violence, i.e. someone who fights back, they’ll all run away in an instant. They can’t even take a bloody nose.

To Read More:

https://www.schiffsovereign.com/trends/civil-war-really-150863/