WEDNESDAY, OCTOBER 21, 2015
MILLIONDAY CHAT UPDATE, 21 OCT
Millionday: WE HAVE A LOT OF NEWS TONIGHT — WHOOPOW
Millionday: A member of the parliamentary finance committee Jabbar Abdul Khaliq said that funds deposited in the Banking Act will begin soon after the completion of Sitagh some paragraphs in line with the government’s economic direction.
Millionday: He said Abdul Khaliq’s (IMN) “This law will protect the citizen’s money from being lost, where would compensate citizens in the event of the loss of National Bank deposited with him this money, as well as the arrest of the bank manager and held accountable legally and his prosecution,”
adding that “in the past, the court only by virtue of the bank manager and his detention without compensation from the owner of the money deposited, as previously happened in some private banks.
Millionday: NOTE — THE BANKING LAW ACT WILL BEGIN SOON WHICH PROTECTS FUNDS DEPOSITED AND IS PART OF THE REFORMS AND BANKING DEVELOPMENT ETC
Millionday: He explained that “the government is now moving to support investment projects, and coordination and cooperation with the State-owned banks to support it, and the development of economic projects in the country, as well as the granting of soft loans to the owners of small and medium enterprises, which will contribute to the operation of labor and support the private sector.”
Millionday: NOTE — THE GOVERNMENT IS >>>NOW<<< MOVING TO SUPPORT INVESTMENT AND ECONOMIC DEVELOPMENT ETC — WHOOOPOW
Millionday: He recommended the Prime Minister for Financial Affairs Advisor to the appearance of Mohammed Saleh earlier, the central bank to continue its program to finance small and medium projects for citizens loans and lending again after recovery, to stimulate the economic cycle,
pointing out that this program can promise nucleus to establish a permanent fund for the development or the development of the contributing organizations Bank International future.
Millionday: SO — THE RECOMMENDATION IS TO CONTINUE ITS PROGRAM AFTER RECOVERY — SMILE —THIS IS THE CONTRIBUTION FOR INTERNATIONAL BANKING THROUGH DEVELOPMENT — HUGE
Millionday: WHOOPOW – THIS IS A VERY POSITIVE ANNOUNCEMENT TO THE CITIZENS
Millionday: VERY IMPORTANT REPORT — WHOOOPOW
Millionday: Revealed Baghdad Investment Authority about the existence of (325) funded and foreign private sector projects.
The Commission said in a statement received / JD / copy of it: that the head of the Investment Shaker Zamili body visited a number of investment projects in Baghdad and see the progress of the plan work and the stages of completion achieved .tdment round visit to the project new life.
Millionday: NOTE — 325 .>>FUNDED PROJECTS FOR DEVELOPMENT IN THE WORKS
Millionday: The project consists of five thousand housing units for various spaces and contains all the services of schools, health centers and public parks, in addition to the city integrated entertainment Games 127 acres. This project did provide significant employment opportunities for many unemployed youth as well as the Iraqi engineering cadres.
Millionday: NOTE — THIS IS HUGE FOR IRAQ AND SHOWS PROGRESS FOR DEVELOPMENT AND FOREIGN CONTRACTS
Millionday: He Zamili that the project is one of the large group of investment projects in Baghdad, noting that we have 325 investment projects, all funded by the private sector presentation visor sector and foreign, and added that These projects offer a great opportunity to support the development and investment sector,
Millionday: it said in a statement: that the tour included a visit to the Iraqi German hospital project site, which Ancie on an area of 45 000 acres m 2, where the hospital building consists of ten floors with 200 beds in the first phase and 300 final stage of the project
Zamili confirmed During the visit, he said the hospital has a medical center for the cultivation of the heart, kidneys and General Surgery Iraqi administration German and
Millionday: NOTE — WHOOPOW — A HUGE HOSPITAL BEING REBUILT AS WELL — GREAT NEWS
Millionday: there will be a significant polarization of cadres and expertise of medical world even Aydtr Iraqi citizen to travel for treatment outside the country, adding that the total cost of the project amounted to 100 million dollars and one project from within (7 ) hospitals in Baghdad received support from Baghdad Investment Authority to implement .walparwa provided jobs for many young people and reduce unemployment.
Millionday: OBVIOUSLY WITH THE PREVIOUS REPORT THIS IS POSITIVE FOR IRAQ`S DEVELOPMENT AND REFORM WITH ALL OF THE ABOVE
Millionday: READ EVERY WORD >>>>>>>>>>>In order to ensure the success of the lending process adopted by the central bank to stimulate the economic reality in Iraq, is interested in economic affairs stressed the need to link policies and loan mechanisms approaching sectoral.
Economist Adel Abou loaf noted in his statement «morning» to the success of the loan to contribute to the revitalization process the economic reality in Iraq, which issued its mechanisms the central bank must rely on specific interim policy to be either production base building, or activate the reality of sectors or stimulating work sectors.
Millionday: NOTE — LOANS HAVE BEEN RECLASSIFIED — THIS IS A HUGE MOVE FOR THE ECONOMIC DEVELOPMENT OF IRAQ
Millionday: NOTE — THIS IS A VERY IMPORTANT REPORT — READ EVERY WORD
Millionday: Abu loaf and saw that the loans allocated by the central sectors, especially the industrial sector is not adequate for the advancement of its value It is equivalent to 33 percent of the value of (5 trillion dinars) on the grounds that he would be distributed to the provinces,
stressing that the adoption of the foundations of true in this sector, by selecting the type of industry that are meant revitalize and rebuild its base productivity, and follow the principle of import substitution and the allocation of loans to industries specific at this stage.
Millionday: NOTE — THE LOANS WERE NOT ADEQUATE FOR THE ADVANCEMENT OF VALUE — WHOOPOW
Millionday: NOTE — THEY HAVE TO INCLUDE THE IMPORTS WITHIN THE FIGURES — THAT IS THE STATED REASONING AND ITS IMPORTANCE AS WELL — OBVIOUSLY FOR PROGRESS IN MANY AREAS AND REFORM
Millionday: NOTE — READ THE OTHER IMPORTANT REASONS THIS IS SO MAJOR
Millionday: He explained that the industry that have the ability to compete food Kalsnaat, you can create joint stock companies for the purpose of launching loans and bridging the country’s need of these products Kalolban, juices and other food from Canned Ajpas,
to enable the involvement of all industrialists even workers in the industrial activities of food and to ensure the creation of distribution opportunities for fair and productive to contribute in every province companies.
~~~
Millionday: NOTE — THIS IS ALSO FOR THE STOCK MARKET GROWTH AND FOR STAKEHOLDERS
Millionday: >>>>In the next stage Vnoh expert activate other industries to be there to see one in the first stage, and the type of industries that go to it loans to be able to compete in the market, with an emphasis on non- go loans to other industries not identified in the first phase,
through market research and international industries.
Millionday: NOTE — THE NEXT STAGE WILL INCLUDE ACTIVATING INDUSTRIES TO COMPETE IN THE MARKET — SMILE
Millionday: and tied loans adopted by the central bank, according to Abu loaf of 0.33 percent to the industrial sector, 33% of the agricultural sector, 17 percent to the housing fund, 17 percent of the bank mortgage, of the value of (5 trillion dinars), while emphasizing the need to link lending economic policy of the country’s policy.
Millionday: NOTE — THIS WOULD BE IMO CLOSE TO THE MARKET OTHER THAN OIL WITHIN THE GDP
Millionday: In order to integrate policy loans with the integration of sectors with each, an expert need to work the agricultural sector in parallel with the industry to provide raw materials for industries adopted in the first phase, according to the Besides the preparation of studies and organization of imports,
particularly imported goods that have yet healthy, environmental and economic dimension, which leads to integration with sectoral policy loans policy, therefore animate and energize the economic cycle in the country.
Millionday: SO AS WE SEE — THE LOANS HAVE BEEN RECLASSIFIED TO SERVE THE NEXT PHASE AND TO ENERGIZE THE ECONOMIC CYCLE IN THE COUNTRY
Millionday: WHOOPOW
MGM: Why did the Nomadic Samarians chose Mesopotamia (iraq) to settle in? It wasnt oil! Their GDP had nothing to do with oil. Richest land in the world according to some
Millionday: THE MINERALS AND OTHER RICHES ARE HUGE BUT
Millionday: THE EASE IN GETTING THE OIL OUT OF THE GROUND IN IRAQ IS ALSO A HUGE PLUS FOR THEM
Millionday: THEY ARE WORKING TO CHANGE THE EASE IN SURVIVAL WITH THE DEMOCRATIC PROCESS AND HUMANITARIAN BENEFITS
Millionday: CHANGE IS ON THE WAY WITH THESE REFORMS ACCORDING TO WHAT I SEE
Millionday: WHOOPOW
Millionday: A member of the governing body of the Association of Iraqi economists Akram Abdel Aziz said, that the legislation of the Income Tax Act No. 113 of 1982 will contribute to the recovery of economic development movement.
And he proceeded to the House of Representatives at its session on Monday, Act to amend the Income Tax Act No. 113 of 1982, and included, or the right to dispose of property the value of which in accordance with the provisions of the law estimate of the property value and benefits of No. 85 for the year 1978.
Millionday: NOTE — REMEMBER THAT THE INCOME TAX LAW WAS PASSED
Millionday: It Abdul Aziz’s (IMN) “The approval of the law will ease the burden on the citizen and provide him expanse of income to act in order to serve its purpose, as well as its contribution to the recovery of economic development movement and encourage other sectoral joints,”
pointing to “the need to adhere to the implementation of the paragraphs of the law and not be ignored to provide additional financial resources of the federal budget. ”
Millionday: NOTE — THE INCOME TAX IS EXPECTED TO ADD REVENUES FOR THE COUNTRY`S BUDGET AND ALSO MOVE ECONOMIC DEVELOPMENT
Millionday: And it stated that “the law will be treated the tenant treatment owner when property lease, which came at his disposal contract Musataha and progressive tax is calculated by the value of the property.”
The text of the law that are exempt from the tax, first – a – fifty million of the estimated or suit the property value of this amount and distributed to companies according to their shares if the property is owned in common, and is subject to the tax Mazad on the amount of the exemption provided for in (a) of this Paragraph according to the rates of
Millionday: NOTE — THEY ALSO PASSED PROPERTY TAX WITHIN THE LAW
Millionday: 3% up to fifty million dinars, and 4% Mazad fifty million dinars and up to a hundred million dinars, while the proportion of 5% imposed on Mazad than a hundred million dinars and up to a hundred and fifty million dinars, while rising to 6% is increased to one hundred and fifty million dinars.
Article III of the law and indicated that he canceled the dissolved Revolutionary Command Council Resolution No. 120 in 27/6/2002, and Article IV explained that the Finance Minister may issue instructions to facilitate the implementation of the provisions of this law.
Millionday: SO AS WE EXPECTED THE LAW IS WRITTEN IN % AND WILL BE CALCULATED ACCORDING TO THIS LAW
jwjd: Just my personal opinion. I feel like we are at another stand still. They talk about what they want to do in the future. But what is getting us to that point of the rate change? That is what we are all ultimately waiting for.
Millionday: THE REPORT IS TELLING WHAT THE LAW PASSED AND IN PLACE WILL DO FOR IRAQ AND THE LOAN REPORT IS TELLING US WHAT THAT COMPLETION OF RECLASSIFICATION WILL DO FOR THEM
Millionday: JW THESE ARE ALL COMPLETED LAWS
Millionday: JW — ALL OF THESE THINGS I AM SHOWING YOU ARE COMPLETE
Millionday: BUT I AM SICK OF WAITING TOO LOL
jwjd: I am hoping these are the laws that will get us to the rate change. We appreciate all you do MD!
Millionday: THESE ARE ALL STEPS FOR THE MARKET ECONOMY GOAL THAT WILL TAKE THEM TO THE GLOBE FOR TRADE —
Chappy: is the investment law complete…. I missed it..
Millionday: CHAPPY — I AM STILL LOOKING THROUGH NEWS SENT TO ME
Millionday: NOTE — THIS WAS BROUGHT TO ME BY ONE OF OUR HARD WORKING AND LOVED RESEARCHERS — WHOOOPOW
Millionday: House of Representatives began voting on the investment law.
The draft law includes paragraph 17, and the parliamentary Committee of Economy has been completed the second amendment to the law in the thirtieth of last month, and said that the law contains provisions that will be applied for the first time in Iraq.
Millionday: SO PARLIAMENT IS REPORTING AS OF TODAY`S NEWS THAT THEY ARE WORKING ON THE INVESTMENT LAW VOTE
Millionday: WHOOPOW
Pablo: Did they get the vote done, or are they still in the process?
Millionday: THEY ARE FINISHING THE AMENDMENTS ONE AT A TIME
Millionday: SOME VERY IMPORTANT ONES ARE DONE AND SOME MORE ON THE WAY — THIS IS THE VOTE SO READINGS ONE AND TWO ARE DONE
Millionday: YW ALL THE TIME — WOW SO MUCH DONE — THIS IS HUGE PROGRESS FOR IRAQ — I AM EXCITED — TRADE AGREEMENTS BEING SIGNED AND ALSO
Millionday: THE PRESIDENT IS WORKING CONSTANT FOR THE NATIONAL RECONCILIATION CONFERENCE — THIS IMO WILL BE AFTER IRAQ HAS OPENED FOR TRADE AND ISSUED BENEFITS ON THE SMART CARDS THAT MANY HOLD ETC
Millionday: WE WILL MEET HERE AGAIN TOMORROW NIGHT 7:30 PM
HIGHLIGHTS FROM KTFA CC, 21 OCT
Notes From FrostyTheSnowman
HIGHLIGHTS FROM KTFA TUESDAY NIGHT “SPECIAL” CC 20 OCTOBER 2015
*** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! We offer NO DATE, NO RATE on this forum!!! ***
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FRANK:
We are walking into a “cash-less” society … and world of ZEROS and ONES.
You can see my face and my hands. This is important for you to understand. How is it that John [from the Bible] knew in the caves of Patmos … that our hands and faces would be the places that can be laser tagged in the end times?
….
Ever seen the Coalition Forces work as one? In the end, the whole world will be against one … just one.
You are entering a world of symbols. These lines and symbols will evolve into points of communication on the Internet.
[Someday] you will find these numbers on your body … the only place where your body is exposed.
For the faithful … its interesting … the Cyber War can reach into a person’s heart (who has a pacemaker) and make it stop.
Some call this the rapture. Indeed – the meek will inherit the earth.
I want to start out by telling you that the Wall Street Journal … which we as a team love to dissect.
I have some very good news tonight.
Many interesting articles in the Wall Street Journal today.
WSJ – article about hackers.
WSJ – today … Obama takes the military hostage.
A coalition force was put together because our President won’t support our troops to fight the enemy. Is Obama an enemy to our troops? I would think so … because even his commanders have abandoned their posts around him.
Assad’s march may drive out more refugees.
With Russian airplanes above and Iranian troops on the ground … this will drive more refugees out into the world.
China’s data stirs doubt. We talked about that last night. China’s data being mess-up is on purpose (IMO).
Today … US Tempers (pull back) control of Yuan controls … but yesterday our President complained about it … but today he says it’s ok?
WSJ – Europe Oil Firm Vie over Iran. We told you that Iran was already selling oil to Europe.
These countries are being treated special because of what we talked about.
Yesterday … we told you (IMO) that we wouldn’t see the RI until next year … and Delta said the end of this year.
Teams say that both of us are correct … perhaps more like the end of the year. (That’s what Dr. Shabibi wants).
Iraq is doing something right now with something that we talked about over 2 years ago. “If you think there’s gold in them thar’ hills” … wait until you see the mountains of gold in Iraq.
IMO – as we near closer to the new rate … Iraq is selling gold … but not to the world … it is targeting someone very, very important. The CITIZENS!
As you know, the CBI wants the citizens 3-zero notes … has enticed them with bank accounts, with ID Cards … and now … the CBI will sell GOLD to the CITIZENS of Iraq. It has “value” … (more importantly “perceived value”) – because the CITIZENS LOVE GOLD … they TRUST GOLD.
This is also help Iraq with their reserves. Do you think that they are going to wait until March of next year?
The GOICBI doesn’t want the citizens to hang onto their 3-zero notes … and selling GOLD to them … should do the trick.
The selling of GOLD will also pull USD’s off of the street!!!
Dr. Shabibi knows exactly how many 3-zeros are out there (IMO).
I have something else to tell you …
Dr. Shabibi is the director of the CBI … and he wanted to raise the value of the dinar back in July … but he and Abadi agreed that the timing wasn’t right. Security wasn’t right.
One of my Team members told me … “you know Frank … we’re 2 – 3 months behind … behind schedule.” 2 or 3 months ago was JULY … <<< that’s what he meant.
Teams claimed that they needed to “educate” our troops about “CULTURE” – to teach our troops in how to get along with their new job.
ISIS will not be around much longer.
As you know … we (our troops) are not going anywhere.
We’ve never educated our military on culture before an attack … but now they will be “taught” how to understand the culture of the Iraqi citizens.
They will no longer be fighting and protecting. We have to change our way, because we are in their country.
IMO – a soldier that is willing to protect … and sees an Iraqi citizen firing in the air … they are told not to react. They need to be calm … as this is how they react to celebr___.
IMO — Maliki was supposed to be arrested yesterday. Even the GOI was expecting it.
The GOLD is actually #2 — and I’ll get to that in a second.
OPEC is going to decrease their output. So what will happen to the price of oil? Remember your economics 101 class?
The price of oil is going to go up dramatically.
This action is not just for Iraq … (it will help Iraq significantly) … the price of oil will be around $60 a barrel … which is exactly what we want … especially when we’re “expecting” something to happen.
Please get this into your soul. The increase price of oil is not just for Iraq … this is all coalition countries.
Supply and demand … jack the price up … maybe right after Dec. 31, 2015.
Gold is being sold by Dr. Shabibi to the citizens of Iraq which will bring in the last 3-zero and will introduce the lower denoms.
PONDER THAT PLEASE!
The LAWS are done!!! I don’t care what others say!!!
Question: What is #1?
SECURITY was #1 … but right now … #1 is … we need the LAWS to be put in the Gazette … and all of the LAWS are in the Gazette! Team leader says … “the LAWS that we’ve been seeking for are already in the Gazette … and were put in the Gazette in 2005 and 2006. The international world already knows that. They are only AMENDING LAWS … they are not passing them.
The AML (Anti-Money Laundering Law) has passed … already in the Gazette.
Team Leader said that the IMF told them to pass the laws … but the English translation was supposed to be that the LAWS needed to be AMENDED TO INTERNATIONAL STANDARDS!!!
So … the LAWS are passed! It’s done. It was already in the Gazette … it just needs to be amended.
The AML now fits International Standards.
Iraq was been to get their LAWS into INTERNATIONAL STANDARDS by October 1st – (which they actually got done before Oct. 1st).
#1 is DONE … scratch it off!!!!
I’m so proud of what is going on.
They are not re-writing the LAWS – they are just amending them to fit International Standards.
This is ingenious!
Back in 2006, a company in SA called ARAMCO – they take contracts from all over the world. They were sabotaged … and so the Saudi’s took them into the backyard and beheaded them. They don’t mess around.
When it comes to Cyber War – things are at a totally different level today. Middle East countries are doing this to each other right now. We are a coalition to fight this NEW WAR – because there is no more ISIS. We got in bed with the bad guys … to STOP THIS!!!
ISIS will soon be forgotten.
That’s why we didn’t want to give Iran a deal … but we let them out of sanctions so that we could get things.
Electronically speaking … cyber warfare will control “the system”
They need to assign responsibility concerning cyber warfare in the middle east – and that’s why the US is involved in a coalition setting.
We are entering a global change.
Is the investment law, amnesty law in the Gazette? YES! (they are just amending them) … and you’ll see them Monday (IMO) … and you’ll see #1 amended … and you’ll see things move VERY QUICKLY for the monetary reform for Iraq!!!
SECURITY continues to advance … and Abadi is in control!!!
The trade minister … and his brother went on a plane … (headed towards Kurdistan) … they had over 9,000 files on them of corrupt individuals. LOL Under pressure … he sang like a canary and tattled on everyone. The charges on them are financial corruption.
GOLD is spot on and will be used as a psychological point with the citizens – because they trust it.
Do you remember Mahmoud (the judge we called Maliki girlfriend) – he is out!
Abadi is becoming an amazing leader!
Kurdistan still owes Baghdad over 30 Billion.
Abadi is also paying the Peshmerga Army. How? Remember the word “rider” – more appropriate … “waivers”
The new way of paying the Army now … the “National Guard Law” – it’s in the Gazette … go look it up. It’s called the Conscript Law.
Come with me to my BLUE COUCH — which is perhaps a dream.
So citizens of Iraq … did you go into the banks and buy gold? Yes
How much or what type of GOLD did they buy? (Bullion, Coins, Bars … NO!) The citizens can’t shave off flakes of gold to buy bread … perhaps this is the start of the lower denoms … FILS that lead to the lower denoms.
GOLD is valuable … more so to the citizens than 1166. They love to show it off.
So Dr. Shabibi will also pull in the USD’s … because when the IQD goes international … the USD can no longer be used.
#2 – INTRODUCE THE LOWER DENOMS … (starting with gold coins).
How else would they start the lower denoms? Not with bullion and gold dust. LOL
Remember … Iraq bought 90 tons of gold … and they did it with the snap of a finger over 2 years ago.
This has nothing to do with reserves … nothing to do with their economic growth.
So what would they need by the end of the year? Lower denoms before the end of the year.
This gold CONCEPT is Dr. Shabibi’s orders from the CBI … because the Holy Man in Iraq gave Abadi and Shabibi orders, and they are obeying!
Regardless of the articles that say that Dr. Shabibi is corrupt … they are balogna!!! HE IS NOT CORRUPT!!!
#1 – (done)
#2 – you can put one line crossing it out … (almost done)
Remember when banks told you (last year) that they were down? They were trying to hit your money.
Your money can be targeted. Be careful.
Remember … all of this is in my opinion as we conclude all of this on my BLUE COACH.
#1 and #2 is for this year … Delta and I are on middle-ground.
CC ended in prayer.
China Calls for New Global Reserve Currency to Replace Dollar, 21 OCT
China Calls for New Global Reserve Currency to Replace Dollar
OCTOBER 20, 2015 BY SAMUEL BRYAN
In yet another sign of its growing prominence on the global financial stage, China called for a new world reserve currency to replace the dominant dollar.
An ABC news report said China is showing “growing assertiveness” on revamping the world economy:
http://abcnews.go.com/Business/story?id=7168919&page=1
The surprise proposal by Beijing’s central bank governor reflects unease about its vast holdings of U.S. government bonds and adds to Chinese pressure to overhaul a global financial system dominated by the dollar and Western governments.”
~~~
golden-dragon-230720_640
Gov. Zhou Xiaochuan recommended creating a currency controlled by the International Monetary Fund and made up of a basket of global currencies. Xiaochuan said the move would help “to achieve the objective of safeguarding global economic and financial stability.”
Although US and European economic officials brushed off the proposal, the boldness off the plan demonstrates growing Chinese clout.
As we reported earlier this week, a Chinese bank will soon join the London Bullion Market Association’s (LBMA) silver price-setting process. Earlier this month, the yuan passed the yen to become the fourth most-used currency for global payments.
And it appears increasingly likely that the yuan will soon be included in the IMF’s Special Drawing Rights basket, currently comprised of the US dollar, euro, yen, and the British pound. As reported in the Economic Times of India:
saintandrewstwinflame 
BREAKING INTEL: