ZAP Mid-week Update Emailed To Dinar Recaps

HI ALL

WELL, THIS LAST WEEK HAS BEEN A BIT EXHAUSTING KEEPING UP WITH ALL THE CHANGES COMING DOWN, AND THE PROLIFIC PURPLE PIGS THAT FLY ARE MIGHTY BUSY WITH THE DETAILS OF THE RESET. 

MASSIVE EFFORTS IN LAW ENFORCEMENT (THE REAL STUFF) IS TAKING A HUGE LEAP FORWARD WITH MANY MANY ARRESTS OF PROGRESSIVELY BIGGER GUYS.

WHEN THE PIGS COME A’KNOCKIN, THEY COWER AND SHRINK OWING TO FEAR WHAT PEOPLE MAY THINK (REMEMBER THE RHYME?). 

THERE IS NO ROCK BIG ENOUGH TO HIDE UNDER FOR THESE GUYS, AND THEIR POLITICAL OR OTHER CAREERS ARE OVER. NO MORE STEALING IS WHAT IS COMING DOWN.
~~~

SOME PURPLE PIGS COME DRESSED IN UNIFORM. SOME COME DRESSED IN A SUIT, AND SOME IN T-SHIRT AND JEANS.

ALL ARE HERE TO DO THE JOB FOR OUR HUMANITY, AND MY HAT IS OFF TO THEM. ESPECIALLY DEAR SNUFFLES.

THE RED DRAGONS IN THE USA HAVE STARTED PROJECT FUNDINGS. OTHER FAMILY FACTIONS ARE SETTING UP PROJECT FUNDING INFRASTRUCTURE.

ALL ARE GETTING READY FOR THE BIG PUSH FORWARD, AND GET THIS BLUE BALL OF OURS CLEANED UP AND WORKING PROPERLY AGAIN.

WE ARE ALSO GETTING PREPARED AND WE WILL BE READY IN JANUARY FOR FULL FORMAL FUNDINGS. OUR INFRASTRUCTURE IS COMING ALONG NICELY,

 AND WE TOO ARE FUNDED BY GRAND FATHER FOR THESE ITEMS, BESIDES OUR OTHER FUNDINGS COMING FROM THE EFFORTS OF THE EUROPEAN ROYAL FAMILIES.

IN OTHER MATTERS LIKE THE RV ETC, THOSE ELEMENTS OF THE RESET ARE WELL ADVANCED (NOW THAT THE TRN IS ALIVE), 

AND ALTHOUGH I DO NOT HAVE TOO MUCH INFORMATION AS TO THE EXACT TIMINGS, BE PREPARED FOR THESE ANYTIME REALLY,

BUT CERTAINLY IN JANUARY/FEBRUARY ALL OF THESE ITEMS SHOULD BE COMPLETED, OR CLOSE TO IT.

THE WORLD IS CHANGING IN FRONT OF OUR EYES, BUT IT IS NOT A FIVE MINUTE JOB SO DO NOT DESPAIR IF IT DOES NOT HAPPEN TOMORROW.

IT HAS TAKEN DECADES TO GET TO THIS POINT, AND WE ARE DAYS/WEEKS AWAY NOT MONTHS/YEARS SO TO SPEAK.

SO I GUESS WHAT I AM SAYING IS THAT I AM VERY HAPPY WITH THE PROGRESS I SEE, AND TOUCHED WITH DEEP HUMILITY FOR THE EFFORTS OF ALL THE OTHERS ON THE FRONT LINES FOR THEIR SACRIFICE AND EFFORTS FOR ALL OF US.

I WONDER HOW WE CAN HONOR ALL OF THEM WHEN THE TIME COMES….

Dear Susan, I feel that Zap and Tony/DC are both correct in their last missives. Could this be the “last” ploy of the cabal/M-I Complex to wait until the Currency Exchanges occur and then use EO 13303 to take back all those funds for their own use?

And does EO 13303 apply to only FRNs or would it include TRNs as well?

 A sting operation just before the TRNs are introduced to the citizenry of the US? Can you answer this as soon as possible as the CE is “planned” to be released in the next two weeks.  Thank you.

Blessings to you and staff  J

ZAP:  WHEN THE RESET CHANGES ARE FULLY IMPLEMENTED, UNFAIR, ARCHAIC, DETRIMENTAL, AND OFFENSIVE TO HUMANITY LAWS, DECREES, ORDERS, AND OTHER MECHANISMS OF CONTROL WILL BE “ADJUSTED”.

ALL I CAN SAY. SO WE WILL HAVE WELL-ADJUSTED INDIVIDUALS IN THE GARDEN PATCH YOU MIGHT SAY…

Dear Zap,  I hope you haven’t closed your Dial-A-Dinar kiosk yet. There are allot of people out there making calls on the RV announcement and they really do need an appropriate place to make their calls.

Plus, I am sure you could use the extra change. After all, we all need change.  Blessings, G

ZAP:  NO NO NO…THAT SERVICE IS STILL ACTIVE AND MAKING ME GAZILLIONS SO CONTINUE USING PLEASE…JUST TO REMIND EVERYBODY, THE FOLLOWING NUMBERS ARE WORKING AND READY TO RECEIVE CALLS FROM YOU.

AND THE BEST PART IS, IS THAT YOU DO NOT EVEN HAVE TO SPEAK OR INTERACT WITH ANYBODY…JUST LISTEN AWAY!

FOR SENSELESS RUMORS, DIAL 1 ($0.99)

FOR IRRESPONSIBLE RUMORS, DIAL 2 ($9.95)

FOR INCREDIBLE RUMORS, DIAL 3 ($14.95)

FOR ABSURD RUMORS, DIAL 4 ($19.95)

FOR IDIOTIC RUMORS, DIAL 5 ($24.95)

FOR HILARIOUS RUMORS, DIAL 6 ($49.95)

FOR BIZARRE RUMORS, DIAL 7 ($89.95)

FOR BELIEVABLE RUMORS, DIAL 8 ($149.95)

FOR REALISTIC RUMORS, DIAL 9 (4 EASY PAYMENTS OF $49.95)

IN ADDITION, WE ARE PROVIDING FINANCIAL SERVICES FOR LONG TERM SUBSCRIPTIONS TO THIS SERVICE AT NOMINAL 24% OR MORE COMPOUND INTEREST RATES JUST LIKE YOUR FAVORITE BANK, SO YOU TOO CAN FEEL AT HOME.

Hi, T-  Maybe. :) But could as easily be someone else. Zap’s not working alone, I’m sure. Blessings.  H

**************************************************
ZAP?   Hi H,   Have you seen this

HYPERLINK

http://www.youtube.com/watch?v=ckhFVYwVGB0&feature=youtube_gdata_player

yet?  Sounds like the assistant Dave is talking about may be ZAP, what do  you think?  Kind regards,  T

ZAP:  THANKS FOR THE VOTE, BUT NO, DAVE HAS FAMILY BACKING FROM ANOTHER DIRECTION, AND THAT IS ABSOLUTELY WONDERFUL TO SEE.

FROM THE GROUND UP IS SO IMPORTANT AS THE OTHER MODEL OF TOP DOWN IS PARTICULAR TO MAJOR INFRASTRUCTURE PROJECTS, AND LEAVES OUT THE LITTLE GUYS LIKE US.

SO THIS SHIFT IS IN KEEPING WITH THE FAMILY WAY OF DOING THINGS AND HELPING FROM THE GRASS ROOT LEVEL…VERY COOL.

TO CLARIFY, I AM ON BOTH SIDES OF TOP DOWN AND BOTTOM UP. THE FUNDING THAT IS AVAILABLE TO ME IS LARGE ENOUGH TO TAKE CARE OF BOTH, ESPECIALLY THE MAJOR GLOBAL RECONSTRUCTION PROJECTS.

OXYGEN PRODUCTION, OZONE HOLE PLUGGING, RADIATION CLEANUP, WATER REMEDIATION, ETC ARE THE PRIME EXAMPLES OF THE TOP DOWN.

 IT HELPS ALL OF US, BUT NOT FROM THE BOTTOM UP SIDE.

THE BOTTOM UP WILL ALSO BE DONE BY WHAT I AM DOING WITH A FEW OTHERS ON MY TEAMS IN SIMILAR FASHION TO DAVE. WE NEED MORE DAVES OUT THERE DOING THE SAME THING AND THAT IS SOMETHING WE HAVE BEEN CHARGED WITH….

TO CREATE MORE DAVE STRUCTURES FOR THE DISSEMINATION OF BOTTOM UP HELPING HANDS.

ABSOLUTELY CRITICAL TO DO THAT SINCE THE WORKLOAD IS SO GREAT IN THAT DIRECTION THAT IT WILL TAKE MORE THAN A THOUSAND SUCH STRUCTURES TO EVEN BEGIN MAKING A DENT IN THE PROCESS.

AT THE END OF THIS EXERCISE, OUR HUMANITY WILL BE WELL HELPED, AND ABLE TO SUPPORT THEIR FAMILY UNITS (THE ALL-IMPORTANT NUCLEAR FAMILY STRUCTURE –

REMEMBER THE 50’S? – FAMILY MEANT SOMETHING SPECIAL THEN).

SO YES, ALL THAT I HAVE BEEN ALLUDING TO OVER THE LAST YEAR OR SO IS COMING TO FRUIT.

WISH JAMES WAS HERE FOR THIS, BUT HE IS…UPSTAIRS AND GRINNING.

THE PROJECT SIDE IS COMING FULL BORE ON US NOW, AND THE SIDE ISSUES OF THE RV, PPP, GCR, ETC ARE ALL WORKING IN TANDEM 

TO CREATE THE CIRCUMSTANCE FOR THE RELEASE OF THE PROJECT FUNDINGS – WHICH ARE HERE AND NOW. TANGIBLE FINALLY.

AS I SAID BEFORE, THE MONEY IS IRRELEVANT AS IT IS ABOUT PEOPLE NOW.

THERE IS JUST TOO MUCH MONEY AVAILABLE FOR ALL THE PROJECTS WE CAN CONCEIVE OF. MOST IMPORTANTLY IS THE CRITERIA OF THE PROJECT SIDE, AND I STRESS AGAIN:

“WHATEVER HELPS, MAKES SENSE, AND DOES NO HARM”   SIMPLE COMMON SENSE RULES.

SO, I HAVE REVEALED A BIT MORE HERE THAT I COULD NOT BEFORE IN RESPECT OF THE SCOPE OF UNDERTAKING WITH MY SIDE, 

BUT I GUESS IT IS TIME IN A WAY ALTHOUGH I WOULD HAVE LIKED A BIT MORE TIME TO ORGANIZE.

HAVING SAID THAT, WE ARE ALMOST FULLY ORGANIZED, AND THE FUNDS WILL BEGIN TO FLOW RATHER SHORTLY NOW.

I CAN STATE WITH PERFECT ALACRITY THAT WE WILL BEGIN FORMAL FUNDINGS AFTER JANUARY 15, 2015.

I NEED TO HAVE OUR TEAMS HAVE A WONDERFUL CHRISTMAS AND TAKE A LONG BREAK TO BE REFRESHED AND READY FOR THE WORK AHEAD.

SNUFFLES THE MUCH-LESS-PISSED OFF AMERICAN PIG HAS TURNED A CORNER, AND IS GRINNING AGAIN.

I SHOULD HAVE SOME MORE GOOD NEWS BY THE WEEKEND IF ALL GOES WELL, BUT WE ARE ALL WELL ON OUR WAY. GOOD NIGHT AND GOD BLESS AND HAVE A VERY HAPPY THANKSGIVING!.

ZAP  “GOD IS; I AM; WE ARE”  “BE GOOD, BE LEGAL, TELL TRUTH”

November 26, 2014  Copyright ZAP 2014

PS: THIS WAS HANDED TO ME TO READ, AND IT IS ABSOLUTELY FASCINATING:

HYPERLINK

http://www.globalresearch.ca/vladimir-putin-marginalized-at-g20-in-brisbane-imagine-mr-putin-takes-center-stage/5415130

Vladimir Putin Marginalized at G20 in Brisbane? – Imagine – Mr. Putin Takes Center Stage

Those ‘too big to obey’ – not succumbing to the rules of the Anglo-Saxon game plan – will be shunned, like Mr. Putin and to a lesser extent China’s President Xi Jinping – shunned by Washington – and, of course, by its lackeys.

China enjoys still some clout that Russia is missing thanks to her sheer population and economic strength.

 China has bypassed the US in terms of GDP earlier this year, as the world’s number one economy.

Nevertheless, under his self-declared ‘pivot to Asia’, Obama is not missing an opportunity to harass and humiliate China, from the new military base in Darwin, Australia, to the Transpacific Partnership (TPP) treaty, a Free Trade Agreement,

under which Obama wants to exclude China, to a huge US navy presence in the South China Sea which will supposedly increase from the current 50% to 65% of the total US navy fleet by 2015.

The G20 are playing dangerous games. Fortunately, Mr. Putin is a great diplomat.

He doesn’t fall into the trap. Imagine – at the next G20 summit the unaligned among them, at least a handful of nations, simply don’t show up.

They would go into opposition, so to speak; declaring a silent absenteeism – representing the wordless peoples of the world. What a powerful message that would send around the globe!

Vladimir Putin eventually left the G20 summit before it ended – a 17 hour trip home, “I have to work on Monday – no worries, my Finance Minister will attend the final dinner” – and off he went.

He was coming home as a hero, applauded for showing the G20 his brave statesmanship, as compared to the spineless lot of EU minions.

Now imagine a possible alternative. Mr. Putin, instead of walking out straight, takes center stage, responding to these senseless lies and accusations about Ukraine by publicly divulging the facts.

“Ladies and Gentlemen – our common interest should be the truth – disseminating the truth as best we know it, and we have the best intelligence to provide us with the facts. Instead, western media are full with self-serving lies and propaganda. The latest target is Russia.

There is the downing of the Malaysian MH17 plane, the so called annexation of Crimea – and foremost Ukraine. On the MH17, there is plenty of evidence, even acknowledged by OSCE that the plane has not been shot down by Russia, nor by Russia-sympathizers in Novorossiya;

that the plane was not hit by a surface-to-air missile, but was most-likely sprayed by gunfire from a Kiev air force plane of the type SU-25, therefore clearly pointing to the Poroshenko Government.

 As far as Crimea is concerned – just read up on Russian history. This peninsula was part of Russia for at least the last 350 years. Crimea’s population, about 90% of Russian origin, has overwhelmingly voted to rejoin the Russian Federation. The Kremlin has merely accepted their vote.”

Vladimir Putin went on to talk about Ukraine, a country that also had hundreds of years of Russian history. It is so rich in natural resources and agriculture that throughout the Soviet Union it was considered the breadbasket of Russia. Most Ukrainians have still close ties to Russia. –

“You can imagine, ladies and gentlemen, Ukraine has closer links to Russia than have Mexico and Canada to the United States. So, how would it feel, Mr. Obama, if Russia were to initiate anti-Washington propaganda and unrest in these two nations? –

Nevertheless, you know this very well, Mr. Obama, your Government with the help of the EU and NATO has orchestrated the coup of a democratically elected president of Ukraine on 22 February this year.”

The Russian leader reminded the audience of Madame Nuland’s overheard telephone conversation with the US Ambassador in Kiev, boasting of the more than 5 billion dollars invested in Ukrainian Regime change, even talking about the new heads of government they were going to put in place. A statement she later repeated to the Washington Press Club.

“The reasons for taking over Ukraine” – Mr. Putin continued – “as we know, are many – the country’s richness in natural resources, agricultural potential, US oil giants eager to frack for gas – and foremost, bringing yet a new NATO base at Moscow’s doorstep. – 

You, Mr. Obama, are the first one to understand Russia’s discontent, since you would not like to see Russia setting up military bases in Mexico, or anywhere in the Caribbean. – Why do you claim exceptionalism for the United States of America?”

“Yet, Russia has not stopped your Kiev adventure, Mr. President, other than providing the savagely besieged Donbass population with humanitarian aid, while your intelligence and NATO forces are supporting the Kiev army with weapons and strategic advice. – 

Do you know, Mr. Obama that Mr. Poroshenko’s troops, whose predecessors fought for Hitler, today strengthened by NATO, are viciously torturing and killing the pro-Russian east-Ukrainian population? 

That since the beginning of the conflict way more than 4,000 people, including women and children have been killed and more than 1.2 million people have fled to Russia? – 

Wouldn’t a Russian military intervention be a natural reaction to stop this western supported bloody civil war? – Of course, it would. And you Mr. Obama – all of you in this room know it, but are unwilling to admit it. – Well, I make it easier for you, by giving you once more the facts.”

With a pause of silence, Mr. Putin let his last words sink in. “And one more thing the G20, Masters of the Universe, should know – Ukraine is just a peon on a square of a much larger chess game – 

a war game that has become unavoidable for the United States as wars are highly profitable 

and – today the US economy depends on them – a war game that strives for Full Spectrum Dominance, as your generals, Mr. Obama, like to call it. 

They will not shy from killing millions to reach their goal, Washington’s goal – a One World Order, controlling the world’s resources, the world’s nations, their people – and their economies. 

We the G20 minus one, plus the voiceless billions, have the power to stop this hegemonic bloodletting. But we must be bold and dare to stand up for our collective rights.”

“Thank you for listening.”

With these last words, Mr. Putin left the audience in awe. He rushed out to the airport to fly home – where he has work to do. 

Thanks for any help your able to give as we continue to give all we can to keep you up to date…please go to paypal.com…acct: goneforthfornow@gmail.com via friends and family. If there is a problem please contact us at 2goforth@safe-mail.net …consultations are on going. Happy Thanksgiving to you and yours. Blessings, Susan

Love and Kisses,  “THE OFFICE OF POOFNESS”   Susan and Staff

Frank26 » November 26th, 2014, 10:23 pm  Greetings KTFA Family,

Will you take my hand and heart and come with me to MY HOUSE……I want to show you something down the street.

TINK and I want to explain something. Look over there…….you see that CAR that is parked at the end of our street? May I ask you……how did it get there because years ago it was broken down at the opposite end of the street.

 The answer is not complex nor should the answer be dragged into oblivion where the seed of confusion will serve no purpose.

The answer is that GAS and OIL and FLUIDS were added to the car.
….

Somewhere along the way this broken down car had it’s STARTER fixed. The BATTERY that was evil was replaced with something that actually functioned.

REPAIRS gradually brought life back to this abandoned car. It must have been a mutual effort by many that allowed ONE to open the DOOR of this car and turn the IGNITION SWITCH on. Stepping on the GAS.

It was then miraculously DRIVEN down the block and parked in its proper POSITION. These were the STEPS that drove this car from worthlessness to now driving on the road and obeying all of the LAWS.

This is a fact:

No one can raise the value of the IQD except the Central Banks and those that own those banks.

This is a fact:

Only when Iraq raises the value of their currency and enter the international market will they qualify for Article 8 from the IMF.

This is an opinion of Frank26:

Those that can only raise the value of the IQD have seen almost everything that they want to see accomplished within the MR of the IQD.

Therefore they are encouraged and poised to give this rate to the CBI.


When? I have no idea. But I have been telling you since June that we need a seated government that will pass laws that will allow the powers that can raise the value of the IQD to do so.

If you disagree with this…….THAT IS YOUR OPINION. I know where I stand…….I know where my TEAMS stand……and I will not be moved from it !!!

Now carefully…….try to understand that no one except the Central Bank owners can give this rate to the CBI…….BUT HUNDREDS OF LAWS NEED TO BE IN PLACE NOT FOR THE MONETARY REFORM OF THE IQD BUT FOR THE PROTECTION OF THE MONETARY REFORM !!!

THE OWNERS OF CENTRAL BANKS NEED THESE LAWS TO SO IRAQ CAN PROTECT HER CURRENCY…..THEIR CITIZENS……THEIR BANKS……AND MANY OTHER THINGS.

These owners have been watching all of these pieces come together THROUGH THE PASSING OF HUNDREDS OF LAWS !!! If they did not see these laws the dinar would have no chance of seeing a new rate.

I am not saying that these laws are necessary nor the requirements for the MR……I am saying the owners of Central Banks have demanded these laws……. and THEY SEE THEM NOW !!!

I have a message from I TEAM who watched everything last night on our CC. Here it is:

We dare anyone to challenge us or go against us on the information that we have shared with Frank26 during our relationship.

KTFA Family………there are between 400 – 600 laws sitting at Parliament at this very moment. These laws have all been approved and passed MONTHS AGO…… they only need to be implemented and announced through the Gazette.

The majority deal with BANKING LAWS……how to protect the money the banks and the citizens……..this is what the owners of the Central Banks want to see. This is why IMO…..a new rate is coming to the CBI from these owners.

Not because laws are being passed to ALLOW THE CENTRAL BANK OWNERS TO GIVE A RATE……..BUT FOR THEM TO GIVE A DAMN TO GIVE IT.

If not ……..why in God’s name haven’t they given the rate already based on all the amazing accomplishments this country has recently fulfilled?

 IMO…….because the owners have been waiting years to see this type of growth within the GOI……within their laws to protect the gift of a new rate.

We have also told you for years now that Dr. Shabibi has been the quarterback of every inch accomplished by the CBI. Turki worked with Dr. Shabibi not to raise the value of the IQD because they have no power to do so but to exemplify to the Central Bank owners that the CBI is now capable of excepting this responsibility.

 Articles tell you that Dr. Shabibi came today to defend his accusations from M. I am here to tell you that what they are telling you today was done over two months ago.

 What is Dr. Shabibi about to do besides defend himself? Let them tell you when they think it’s time for them to tell you. Note ……….. M is leaving..

 One last thing …..these banking laws are laws for Iraq. What does that mean? It means nothing in Iraq is going to move forward until HUNDREDS OF LAWS HAVE BEEN IMPLEMENTED.

That’s what is going on right now Family. Also……Dr. Shabibi has been in Iraq since the 16th of this month. Don’t believe me……..so be it.

What is an opinion……it is a human being’s right……..even if he is wrong.

So if you feel that we don’t need any laws passed to bring forth a new international market value to the IQD…….then put this in your notes…….it will be okay for the GOI / CBI TO CONTINUE ANY TIME THEY WISH TO LIE AND CHEAT AND STEAL THE FUTURE OF IRAQ.

These laws are the laws that the owners of the Central Banks are demanding to see so that they can reach into the power that they only possess and grant a raise of the IQD value.

I want you to keep this in mind too……..last week Abadi came out and said that they would finish hundreds and hundreds of laws by the 1st of December 2014.

Then magically or centrally the governor of the CBI immediately states after Abadi’s promise that if the GOI does this by the 1st that the CBI is ready to raise the value of its currency and allow the currency to go on global exchange.

Thank goodness this is not against the law………… To have these LAWS NOW.

I had a lot to share with you last night because Dr. Shabibi is in a mood to talk and we are in a mood to listen to him. I will see you next Monday on your CC but until then allow me to share this much as well:


It is of our opinion that the President of the ISX is due to make an announcement sometime between tomorrow and Saturday that the ISX now has interoperability with all of the global exchanges around the world.


It is possible that he will also briefly announce that Iraq has reached a milestone and a new value to its currency which will be entering global exchange.

So that I don’t break any laws……..this is strictly my opinion.

Today WALKINGSTICK posted many articles that clearly shows the need for many banking laws that Parliament has already passed. It doesn’t get any simpler ……..there is no technicalities to bicker and dicker about here.

The passing of banking laws to PROTECT an RV that can ONLY come from the owners of the Central Banks is needed. For if they did not exist ……then the owners of the Central Banks would be looking at other ways of recouping their money right now.

 Trust me the owners of the Central Bank are not turning up their noses at all of these banking laws that Parliament HAS PASSED and HAS IMPRESSED THEM.

Hey Abadi…….this is a fact …..you know very well all the laws are passed so may I ask you why is Dr. Shabibi truly been with you for over a week now? I bet you if you hadn’t passed these laws months ago S would not be with you right now nor……..the spirit of the owners of Central Banks.

KTFA Family……..remove the hundreds of laws that were passed months ago (I don’t care what they told you in articles) and you remove the interest and the attraction of the owners of Central Banks around the world.

Remove these laws and improvements……………..and trust me that car I told you about…….didn’t move an inch.

KTFA,  Frank

PS~ There are many articles on the last thread that vindicate my stance. May I present one of the articles and a post by one of our members…..please enjoy.

**********

by Godly_game_creator » Wed Nov 26, 2014 1:25 pm 
Here is another LAW that needs to be passed before IMF and World Bank will allow the CBI to pull the MR trigger!!! Nobody can tell me that the CBI is not waiting for some Laws to be passed. If the CBI were not waiting for something, then this MR would be aready in the History books. If they are not waiting for laws to be passed then the IMF and World Bank are, then they will give the CBI the OK!!!! Then our fearless leader MR. FRANKIE26 will be able to say ….TO…..SHAY….TA….DA.

walkingstick
» Wed Nov 26, 2014 1:04 pm 

FRANK… NOTE, SAID LAWS.. PER: IMF/IRAQ/WORLD BANK.. MONETARY AND ECONOMIC REFORM

Parliamentary Finance intends to send the Banking Act and Alastosmarely Parliament

Published on Wednesday, October 26 2 / November 2014 19:27
Written by: Sheikh Salem

BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) – announced the parliamentary finance committee member of Haitham al-Jubouri on Wednesday, the determination of the Commission sent the Banking Act and investment to the House of Representatives for a vote and approval.

He called on the financial and economic expert, the appearance of Mohammed Saleh,earlier, to amend the Banking Act No. 94 of 2004, in order to encourage investment and the development of the country’s economy .

He said al-Jubouri ‘s ( IMN ), “The Commission has conducted a thorough study with bank managers to set up banks and investment law, large importance in the Iraqi economy.” Noting that “the law will be sent soon to the parliament for a vote.”

He added that “the Commission will accelerate the completion of the study of the laws related to work their way toward the House agenda.”
It is noteworthy that a number of important laws are still locked in drawers House of Representatives, after being postponed from last session for political disagreements.

http://center-imn.net/2/index.php/2013-09-08-07-34-57/12211-2014-11-26-19-27-22

Investing.com – New Zealand’s trade balance rose less-than-expected last month, data showed on Wednesday.

In a report, Statistics New Zealand said that the trade balance rose to a seasonally adjusted -908M, from -1,350M in the preceding month.

Analysts had expected the trade balance to rise to -645M last month.

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Stryker Article: “Economic parliamentary: “consensus” Cabinet will arrive “budget” to Parliament” Quote: “the possibility of sending the budget by the government to the House of Representatives before the end of the month to read and vote on them.” Parliament Extension Could Really Be Here Soon…It sure looks like the Budget may make it to Parliament before the end of the month and be read, extending this session until it is voted on and passed.

 

Adam Montana Since September we’ve seen a flurry of action out of Iraq – Parliament has met and actually done things ahead of schedule in some cases, which was completely unheard of for the last 10 or more years! We’re seeing some incredible progress on the HCL – more positive news on that is coming out of Iraq than EVER before. It’s coming, and soon! Once the HCL is complete, there is pretty much NOTHING left to hold Iraq back. The HCL is the key to letting Iraq take that final step towards being a fully functioning, well “oiled” machine. When the HCL is in place, with Abadi actually bridging the gap between the Sunnis and the Shiites, the CBI will have no reason left to delay raising the value on the Iraqi Dinar… and that, my friends, is when we all say “CHA-CHING”!

 

Investing.com –

Investing.com – The New Zealand dollar gained on Thursday despite a wider than expected trade deficit in October while the yen also strengthened and the Aussie fell in thin trade with U.S. markets shut for a holiday .

New Zealand’s October trade balance showed a deficit of NZ$908 million, with a deficit of NZ$645 million expected month-on-month, but still well below a NZ$1.35 billion deficit in September.

NZD/USD traded at 0.7876, up 0.10%, after the data. USD/JPY changed hands at 117.66, down 0.06%, while AUD/USD traded at 0.8542, down 0.08%, ahead of data sets from Sydney.

At 1130 in Sydney (0030 GMT), Australia’s third quarter private new capex data is due. The consensus is for a 1.7% quarter-on-quarter fall after a 1.1% rise in the second quarter.

Overnight, a mixed bag of U.S. indicators that contained few nuggets and a bevy of disappointments weakened the dollar against most major currencies on Wednesday by prompting investors to push back estimates as to when the Federal Reserve will hike interest rates next year.

The Labor Department reported earlier that the number of individuals filing new applications for unemployment benefits rose to 313,000 last week, a gain of 21,000. It was the highest level since early September, confounding market calls for a decrease of 5,000.

The number of continuing claims fell to a 14-year low of 2.31 million, indicating that the jobs market is still recovering.

At the same time, the Commerce Department reported that U.S. personal spending rose 0.2% in October, below forecasts for an increase 0.4%. Personal income also rose 0.2%, falling short of forecasts of 0.4%, which took its toll on the greenback.

While many expect the Federal Reserve to raise interest rates in 2015, the timing of such a move remains up in the air, and Wednesday’s data weakened the dollar by prompting investors to push back timetables later next year.

Elsewhere, the Census Bureau reported that durable goods orders rose 0.4% last month, beating expectations for a decline of 0.4%, but core durable goods orders, which are stripped of volatile transportation components, fell 0.9%, against forecasts for a 0.5% gain.

Also on Wednesday, the Thomson Reuters/University of Michigan’s final consumer sentiment index hit 88.8 from 86.9 in October, though still below the preliminary estimate of 89.4.

Industry data revealed that the Chicago purchasing managers’ index fell from 66.2 in October to 60.8 this month, below expectations of a figure of 63.1.

Finally, data showed that sales of new homes rose 0.7% in October to an annual rate of 458,000 units, but pending home sales unexpectedly fell 1.1% last month.

The US dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was up 0.01% at 87.71.

U.S. markets will be closed on Thursday for the Thanksgiving holiday.

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confirmed the Oil Ministry said the end of this year will see the arrival of Iraq to self-sufficiency of liquid gas material stage, revealing processed processions Hosseinieh in the holy city of Najaf ten thousand cylinder at subsidized prices.
The Under Secretary for liquidation and gas, Fayyad grace »Sabah»: The liquid gas production in the country exceeded 3,900 tons per day any only 100 tons per day at least need the local market, expected to reach their production to the stage sufficiency end of the year Alhala.oadav that natural gas investment associated with the production of crude oil from fields Basra, Maysan and Dhi Qar and Kirkuk reached 800 million cubic feet, pointing out that only half the amount being invested by Gas Company Albesrh.mn his part, Undersecretary for distribution Mutassim denied Akram and a crisis in the liquid gas product or distributed, noting in a press statement that the ministry possess great chagrin of liquid gas material, noting the possibility of any supervisory body or media verification of distribution outlets which demonstrate the absence of a crisis Ptoseaha.kma confirmed the ministry processed processions Hosseinieh in the holy city of Najaf and displaced families with ten thousand gas cylinder at subsidized prices, according to his transfer to » Sabah »spokesman Assem Jihad, persisting that the ministry also increased generators civil stakes in the province of Najaf from five to ten liters per KV during the month of next December only, to secure energy production during Arbain and other religious occasions visit.

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CULTURAL, ECONOMICS

THE TAIL OF THE DRAGON

NOVEMBER 25, 2014

How and Why China Delayed IMF Reforms Through Republican Party Donations

By JC Collins

In March of 2009 the People’s Bank of China Governor Zhou Xiaochuan called for a reform of the international monetary system.  Among the initiatives called for by Zhou was the creation of an international reserve currency which would be disconnected from any individual nations currency, and would remain stable by removing the deficiencies inherit in using credit based national currencies.

Other factors called for by Governor Zhou was for part of the official reserves of member countries to come under the centralized management of the International Monetary Fund.  

Special Drawing Rights, or SDR’s, of the IMF should be expanded as a means of payment, denomination of securities, commodity denomination, such as oil, and the denomination of the new international reserve currency mentioned above.
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Along those lines the PBoC also called for a larger representation within the SDR basket composition for all major economies based on GDP.  This would presumably be a reference to adding the Chinese currency, the renminbi, to the SDR basket.

Every five years the composition of the SDR basket is open for adjustments. During these reviews the initial weights of the inclusive currencies are established but over each period the currencies fluctuate with the daily movements of exchange rates.

Appreciating currencies gain a larger share of the basket and depreciating currencies a smaller share.

The last such review was completed in 2010 and at that time the RMB was nowhere near internationalized enough to warrant inclusion in the basket. 

The next review will be completed by July, 2015, and will likely see the RMB added to the basket as the rate of internationalization has increased dramatically over the last 5 years.

Also in 2010 the G20 countries collectively agreed to reform the executive board and quota amounts of the Fund. These reforms will give the emerging economies, such as China, a larger say in the quota and voting rights within the IMF. 

Though the reforms reduce the US influence within the organization and increase the influence of China, some within the PBoC feel they do not go far enough to balance the system or accurately represent the growth of China within the international financial system.

Though these reforms have been agreed upon by all member countries, including America, the Republicans in Congress have continuously blocked passage of legislation which is required to support the changes to the executive board and the quota amounts.

Much debate and analysis has been offered over the last few years to help explain why Republicans in Congress are blocking the legislation in defiance of the US Executive Branch and Treasury.  

Any benefit to the GOP for blocking and delaying the reforms are minimal, such as political advantage over the Democrats and using the reforms as leverage to get other bills passed, such as the Keystone XL Pipeline.

The demands and pressure from the rest of the world to have the reforms enacted as soon as possible doesn’t seem to hinder the Republicans attempts at further delays. 

The G20 and the IMF have openly stated that if the reforms are not passed by the end of the year the US Congress will be bypassed and the reforms will be separated into smaller items which can be implemented one at time which would not require any Congressional approval.

If such an action is taken American influence in the Fund will be dramatically reduced and could potentially lead to a situation where a coalition of countries within the IMF join together to exercise veto power over the United States.

So it is obvious that there are no benefits to the United States for delaying the reforms further.  Which begs the question, if the US and the Republicans have nothing to gain in delaying, who does?

China could make a strong case that the 2010 Reforms do not go far enough in restructuring the Executive Board of the Fund and the adjusted quota amounts do not accurately reflect the growth of the countries GDP in the 5 years since the agreement was made.

But is that cause enough for China to want the reforms to be delayed?

Perhaps not. But when we consider the growth in not just China’s GDP since 2010, but also the broader internationalization of the renminbi in that same amount of time, there is a stronger case for China wanting to not just delay the reforms, but bypass them altogether.

Failure by the Republican lead Congress to pass the required legislation is quickly leading to a situation where China will get exactly what it stated it wanted back in 2009, namely an international reserve currency which is not directly connected to any one national currency, including there own, and having their currency, the renminbi, added to the SDR basket composition.

The only difference now would be that the RMB will be added to the SDR basket at a much larger and more valuable weight than it would have been back in 2010, if the reforms had been implemented at that time.

The other component of Governors Zhou’s 2009 statement was having a percentage of foreign reserves centralized under IMF management. The fact that the large volume of Bi-Lateral Swap Agreements between the PBoC and other central banks around the world has increased the foreign holdings of RMB does much to help China leverage their currency within the structure of this SDR liquidity exchange.

The longer it takes to implement the reforms the more likely the US will become a less attractive supplier of high quality financial assets, especially if the coming liquidity crisis can be blamed on the unwillingness of Congress to act on reforming the international financial system. 

 The capital losses on central bank “outstanding dollar” reserves will create a demand for alternative financial assets to increase liquidity.

Enter SDR bond liquidity.

In order to have SDR liquidity accepted it must compete with and overcome dollar liquidity demands, as well as restructure foreign exchange markets so traders move from USD to SDR assets.

The likely scenario of a global liquidity crisis compounded by the inability of central banks, including the Federal Reserve, to increase global liquidity, will create the required demand for SDR bonds.

The liquidity exchange of foreign reserves for SDR reserves, and having those assets centrally managed by the IMF, will in essence make the Fund a global central bank, meeting the mandates of the Bank for International Settlements and its Basel 3 targets for bank liquidity.

For its part, China, at the behest of the BIS, is playing a strategic game with both political parties that make up the American system of governance, ensuring plausible deniability for all involved. 

 The Republicans will likely be the ones to take the hit for their reluctance to pass the reform legislation and support the transition to a more stable and multilateral financial system, ensuring a Democratic win in the next presidential election.

The immigration amnesty of Obama is expanding the voter base for the next election in two years which will maintain the viability of both political parties.

The Koch brothers are some of the largest supporters of the Republican party and are the power behind both the GOP and the Tea Party. It would be absurd to think that the Republicans are holding up the 2010 IMF Reforms for reasons which have nothing to do with the interests of Koch Industries.

Every IMF Reform bill presented by the Democrats has contained a provision for an IRS Rule Change which alters the tax exempt status of non-profit political organizations. The Republicans have demanded that the IRS Rule Change be removed in order for any IMF Reforms to move forward.

The IRS Rule Change could potentially reveal the 3rd party source of political contributions and donations, which is why the GOP cannot agree with its addition on any IMF bill. 

The Democrats, wanting the reforms to be quickly implemented, and have so for the last 5 years, have been attempting to strengthen the US position within the emerging multilateral system, while the Republicans have been postponing the reforms which has served to continuously weaken the American position.

As stated above, the only one who benefits from this arrangement is China, as it has bought them valuable time to internationalize the RMB and increase its weight in the foreign reserves of central banks around the world. In order to expand on this we must connect China with both Koch Industries and the Republican Party.

Interestingly enough it was Koch Industries founder Fred Koch who was one of the designers of the John Birch Society. The JBS is mandated with spreading the communist philosophies of centralization within western societies. 

When we consider the slow implementation of socialist and communist policies within the governments of the west, we can quickly determine that the John Birch Society, and its members, have been extremely successful. 

And now we are on the verge of a global system of centralization, as mandated and described by Governor Zhou’s request to have the foreign reserves of “central” banks “centralized” under the management of the IMF.

Koch Industries has many subsidiaries, one of which is Flint Hills Resources, which has divisions in Canada, along with a huge stake in the Keystone XL Pipeline, as well as a division in Hong Kong.  There are many other Koch subsidiaries with ongoing interests in China, and I would encourage the curious reader to investigate further.

Back in 2012 the Democratic Congressional Campaign Committee, or DCCC, made accusations that a Las Vegas casino owner who made large donations to the GOP, was in fact funneling political donations from China, through his casinos in Las Vegas and Macau, to the Republican leadership.  These donations came to be known as Chinese prostitution money.

The business and political connections between Koch Industries and this casino owner, Sheldon Adelson, are numerous and plenty.  Adelson denied the connection with the “Chinese prostitution money” and threatened a lawsuit against the DCCC if they did not retract the accusation and print an apology, for which they did.

The television drama House of Cards portrayed a similar story in its second season. In a version of “the revelation of the method”, the Chinese in the House of Cards story funnel money through a native owned casino to an American industrial titan who than makes political donations to the Republicans.   

The Democrats figure out the scheme and confront the Chinese, who in turn demand the passage of a bill supporting the construction of a large infrastructure project in America from which they will profit hugely.  

The Democratic VP agrees and the illegal political donations, or “Chinese prostitution money” stopped going to the Republicans.

When we have these kinds of connections between American industry, as represented by the Koch interests, and additional connections between both the Koch interests and Republican interest with China, one can only speculate on the reason for the Republican delay on enacting legislation supporting the 2010 IMF Reforms.

The reaction to the failure of the Republican lead congress to implement the reforms is exactly what China wants in order to complete its rise within the framework of the multilateral system.  

As long as the end result fits with the larger macro mandates of the Basel 3 Regulation of the Bank for International Settlements, the children can continue to play in the school yard.

Plausible deniability exists on all sides as the coming liquidity crisis further establishes itself and the demand for SDR liquidity is constructed. And to think we are only in the beginning of this liquidity exchange.  – JC

http://philosophyofmetrics.com/2014/11/25/the-tail-of-the-dragon/

Source confirmed my rights, that both the former central bank governor, and former Minister of Communications, for example, appeared in court on Wednesday, as soon as they returned to Baghdad, following the promises that they would receive a fair courts, noting that the judge released them on bail. The source said on condition of anonymity, said Shabibi Governor of the Central Bank, and Mohammed Allawi, the former minister of communications, were released on bail, was postponed Mgmthma to 22 of the next month. To the right of Shabibi and Allawi in the framework of the issues and Cefaha Eadah, in the era of former Prime Minister Nuri al-Maliki, is returning now part of the NEW POLITICAL CLIMATE IN WHICH MANY HOPE HIS SUCCESS IN CORRECTING THE MISTAKES OF THE PAST PERIOD.
Earlier this month, re-Abadi account to the appearance of Mohammed Saleh, who was vice Hbibi at the Central Bank, was arrested in the same case and was imprisoned, but Abadi has appointed a special advisor for the economy, a demonstration that he supports different from his predecessor’s policy, and pay attention to the experts who have been rejected by the previous government acted.

Many political figures and still prosecute the arrest warrants were issued on the basis of their criticism of the policies of Maliki or refusal to obey orders they considered contrary to the Constitution.

The Iraqi judiciary issued in November mid-2012, an arrest warrant for Central Bank Governor Sinan al-Shabibi and 15 of the bank’s employees on suspicion of “committing financial crimes,” according to a statement of the spokesman for the Judicial Council, and coincided with the issuance of an arrest warrant against the Minister of Communications Mohammed Allawi, and a number of his ministry staff .

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Prime Minister Haider al-Abadi arrived in the Jordanian capital Amman. Prime Minister and the accompanying delegation landed in Marka military airport, where he was greeted by Jordanian Prime Minister, Abdullah al-Nussor and a number of officials. It is mentioned that Prime Minister Haider al-Abadi left Baghdad on Sunday 26, Oct at the head of a delegation heading to Jordan on an official visit. An informed source told the National Iraqi News Agency / NINA /: “Abadi will hold talks with King Abdullah II and Prime Minister Dr. Abdullah al-Nusoor , dealing with bilateral relations and ways to counter the terrorist organization (IS). /

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