Chat Room Excerpts & Highlights
Loopback says Khatib Kufa accuse politicians to “hand over the country to terrorism” and demanding the annexation of the crowd to the security device
Author: AY Editor: NS 19.02.2016 15:50
Long-Presse / Najaf Called imam and preacher of the mosque of Kufa in Najaf Ali Nomani, Friday, parties in power and politicians not to stand up “bump” in front of the hopes of the Iraqi people and their aspirations, and accused them of “handing the country to terrorism,”
and was described as the political process as “sterile and will not give birth to the Iraqis is the tragedies and the loss of rights “the crowd demanded the annexation of the popular forces to the Iraqi security apparatus system.
http://www.almadapress.com
Read More
http://www.dinarupdates.com/showthread.php?30237-Kufa-politicians-quot-handed-over-country-to-terrorism-quot-amp-crowd-annexation&p=145417#post145417
Loopback says the political process as “sterile
Loopback says( the crowd demanded the annexation of the popular forces to the Iraqi security apparatus system.
Loopback says Khatib Kufa – Calling for the popular crowd to be put under the control of Abadi.
luvmydream says sweet TY Loop
Loopback says Khatib Kufa calls for politicians to stand up “seriously” with al-Sadr program
Political Since 02/19/2016 14:10 (Baghdad time)
BAGHDAD – balances News Called preacher of the mosque of Kufa Ali Nomani, on Friday, the political parties because not be a “stumbling block” in the way of the aspirations of the people, while telling her to “stand seriously” with the reform program launched by the cleric Moqtada al-Sadr, described the government of “quotas” current to “sterile The clinically dead. ”
Loopback says Said Nomani in the Friday prayers held at the Kufa mosque in Najaf, and attended by Alsumaria News, “We call on parties in power and politicians not to be a stumbling block in the way of the hopes of the Iraqi people and their aspirations,”
explaining that “the reforms launched by Moqtada al-Sadr as a national project purely beyond partisan and factional is purely an Iraqi project is not the only one concession to the Iraqi people in all its sects and colors, which is no different in the right to see one of the sons of the people as well as the reference fair and national forces which needs to be supported by the people.
Loopback says He said Nomani, “we draw our message to those who did not still nationally breached the political process that stands supervisor position with his people by taking into consideration the reform program launched by al-Sadr and to deal with it seriously,” adding that “the political process in its current form after years of theft, betrayal and corruption became sterile and will not give birth to the Iraqis is the tragedies and the loss of rights that people have not seen from politicians is to take care of their interests.
Loopback says And the Friday sermon of Kufa, that “the Government of the quota system has received a mandate to carry out reforms to save the country and people from the presence of the reference and the leadership of the rib line but they failed and missed a precious opportunity and this is evidence of sterility and death clinically,”
pointing out that “the current stage requires inevitably reformist project saves what is left for Iraq from energy development to be a springboard Nhiuya to bypass security and economic and service crises that have burdened the people. ” Ended 29/42 g
http://www.mawazin.net
Read More :
http://www.dinarupdates.com/showthread.php?30233-Khatib-Kufa-calls-for-politicians-to-stand-up-quot-seriously-quot-with-al-Sadr-program-2-19
Loopback says “We call on parties in power and politicians not to be a stumbling block in the way of the hopes of the Iraqi people and their aspirations,” explaining that “the reforms launched by Moqtada al-Sadr as a national project purely beyond partisan and factional is purely an Iraqi project is not the only one concession to the Iraqi people in all its sects and colors,
Loopback says “the political process in its current form after years of theft, betrayal and corruption became sterile and will not give birth to the Iraqis is the tragedies and the loss of rights that people have not seen from politicians is to take care of their interests. ”
clay says to Loopback hey buddy GM and thanks as always 🙂
Loopback says Religious authority is essentially saying. Don’t get in the way for the reforms or else!.
Loopback says He said the war in a statement today,” for the first time be able to integrity from taking practical legal measures to this principle, although the first bill to the integrity Commission issued in 2004, but this rule does not find application only after 12 years despite the passage of a long time to prove it in the Iraqi legal system have included material (18) to (20) of the integrity Commission Act No. (30) for the year 2011 the provisions of the graft (where did you get this?) when it considered the law, every increase in the money each binding employees by law to report financial disclosure for himself and his wife and his children. ”
clay says to magnetlady gonna be real nice
subgirl says to magnetlady I just read it again what you put lol
Loopback says He said,” If it is to ensure financial disclosure funds are not commensurate with the employee’s resources or his wife or his children, it is a gain is a project that employee that did not prove the money was won any legitimate sources that the general rule is that any increase in the funds is to increase illegal and on the employee to prove that this increase increase legitimate in order to avoid the procedures prescribed by law against him and which referred to the courts to achieve integrity to question and investigate the source of the money. ”
subgirl says to clay 63 for a high today! yaayy and full sun but real windy lol
Loopback says He said the war” if this employee proved that the money obtained by the increase was from a legitimate source are closing the investigation against him either if they did not prove it, the penalty of imprisonment for five years and the death confiscation of money increases and the death fined as much money increase waiting for a law that is to say the death of the charge stiff penalty clause and highly financially example imprisonment for a period of quite a few penalty confiscation of money as if the penalty fine of ten billion dinars, not a few well done COI pedicure on the move after he failed to take since its inception till now. ”
http://www.kitabat.com
Loopback says Read More:
http://www.dinarupdates.com/showthread.php?30238-Legal-Where-did-you-get-this-principal-being-applied-to-senior-officials&p=145419&viewfull=1#post145419
Loopback says( So the 4 senior officials that were referred to the Judiciary are the first ones that did not pass the “Where did your get that?” principal.
Loopback says I bet there will be many more to follow!
subgirl says to Loopback I bet you are right!!
Loopback says Dry reveal a general amnesty exceptions
Political Since 02/19/2016 15:09 pm (Baghdad time)
Baghdad balances News It revealed a member of the Human Rights Commission Parliamentary Ashwaq dry, for exceptions to the general amnesty law, as confirmed send comments to the Commission on Human Rights on the law to the Legal Committee, pointed to a difference of views between the members of the House of Representatives on an exception covered by the law of amnesty No. (19) for the year 2008, or a special pardon, where he sees some lawmakers to give them another chance, while others oppose it. ”
clay says to Loopback much corruption
clay says to subgirl loving it though
subgirl says to clay me too lol 🙂
Loopback says She said dry in the statement reported its press office and received / balances News / copy of it, that “the Human Rights Commission did not engage in a general amnesty law has objected to this, and sent its observations in writing to the Legal Committee for discussion and study and included,
indicating that the Commission proposed in the first article of the law which states that exempted a general amnesty for Iraqi Mahkmom the death penalty or a penalty, or in one of deprivation of liberty measures or a fine, to raise the fine because they are dealt with in Article III which it raises from the first article with pay Mapzmth to the state treasury requirement of inclusion in the law. ”
Loopback says She noted that “the Commission has proposed, the failure to extend all kinds of money-laundering offenses in the law, not just the crimes of money laundering with a view to financing terrorism, as stated in the letter of the law.”
She continued, “The committee has proposed raising the fifth paragraph, which is within the exceptions where the Constitution reads: does not include all of the cursing of the Parliament (House of Representatives), but Aiqid who wants to criticize the House of Representatives and it is not justice that does not include amnesty only because he insulted the parliament.”
subgirl says to Loopback(): [] Loop: Dry reveal a general amnesty exceptions
Do you know what Dry means???
Loopback says 8-| The dry, it was “in paragraph 11 of the Act, which speaks of, crimes of bribery, embezzlement, and theft of state funds and crimes of financial and administrative corruption, the Commission proposed a condition, which is to be fined double the six times the amount that was embezzled or stolen, or that includes actor amnesty clause Estrada amount that was embezzled to the state treasury. ”
subgirl says to Loopback thank you WOW you type really fast!
Loopback says And on paragraph 14 of the Act, dry indicated, “The Human Rights Commission has proposed the inclusion of counterfeiters primary certificate for the purpose of appointment exclusively and earn a living for Mahdoah income, and therefore, the Commission considers that fraud but to Aatsawy with counterfeiters other certificates for senior positions in the state.”
Loopback says She drew dry, that “the exceptions contained in the law, any crime that will not be coverage of amnesty is, the former regime, criminals and not bringing them a general amnesty,
and terrorist crimes, and offenses against the external security of the state and the rules of procedure, and the crimes of possession of and trade in silenced weapons, and weapons with special classification and offenses against statutory bodies, such as the killing of the President and the Prime Minister,
or forcing the president to a particular work, as well as human trafficking, and kidnappings, and crimes of smuggling of prisoners and those arrested, or harboring the convicted for the crimes, in addition to drug crimes, and crimes of sodomy, adultery and incest and crimes of embezzlement and theft of state funds, and crimes of financial and administrative corruption, and crimes of smuggling antiquities, and the crimes of money laundering and counterfeiting crimes. ”
Loopback says She said the dry, “we wish the law was passed in the current period because it includes so many exceptions as to achieve some sort of balance between the families of the victims and prisoners, and must be seen from the viewpoint of a humanitarian, not political, in order to reduce the number of detainees and prisoners, does not mean that the perpetrators of terrorist crimes and crimes but serious crimes that can be relieved by and reintegrated to society again “.anthy 29 / d 24
http://www.mawazin.net
Read More :
http://www.dinarupdates.com/showthread.php?30234-Dry-reveal-a-general-amnesty-exceptions-2-19
subgirl says to LLN65 LLN65 whenever you want a break, I can give it to you ok? I am here!!
rcookie says MORE OF THE MASSIVE EFFORTS TO RAMP UP PENALTIES , FINE & INCARCERATION TIMES FOR LAW VIOLATORS….ESPECIALLY FINANCIAL CRIMES AS DETERENT AND PRECEDENT…
THE COMMERCIAL LICENSIN LAW JUST RECENTLY PASSED CARRIES A LIFETIME IMPRISONMENT FOR ANYONE CAUGHT CIRCUMVENTING COMMERCIAL LICENSING PROCESS IN IMPORT/EXPORTS……BIG TIME CHANGES..
Loopback says to subgirl I beleive that he exceptions reffered to in the title is that the Commission on human rights to submitted it’s thoughts on the Amnesty Law and is not pleased that they were not asked.
subgirl says to Loopback thank you! I appreciate you very much loop 🙂
rcookie says Iraq vows to activate the banking and financial dealings with Iran
History Tahrir:: 2016/2/19 9:11 • 161 times mqrw’h [Where – Follow-up]
Iraq vowed to activate the banking and financial dealings with Iran, which has promised to turn the Iraqi side to continue serious this issue and remove the problems between the two sides in this area.
According to Iranian sources, he met Minister of Industry, Mines and Trade of Iran, Mohammad Reza Nematzadeh Thursday in Baghdad, President of the Central Bank of Iraq Ali Mohsen Keywords, which was considered one of the necessities of trade cooperation and investment placement, activate trading banking and finance between the two countries promised to the Iraqi side to follow-up the serious to this topic problems and the removal of before the transaction banking and finance between the two sides.
he also met with President of the National Council for the Iraqi investments Sami al-Araji in Baghdad ready corporate Iran announced to employ join
rcookie says joint investments in industrial projects in Iraq.
the al-Araji was proposed in the meeting to conclude a memorandum of understanding for the recruitment of joint investments between the two countries and said that the National Council for investment has a number of projects under construction.
he pointed out Rumaila to generate electricity station in southern Iraq capacity of 300 MW, he said companies Iranian involved in this important project.
Araji said that “there are good opportunities for cooperation with Iran in agriculture, electricity, oil and gas, communications and take advantage of the technical sciences for companies Iranian sectors . ”
during a meeting with the Minister of Industry and minerals Mohammed Darraji said Nematzadeh Iran’s readiness to set up towns, industrial and investment in the challenged and the reconstruction and construction of industrial units new in Iraq.
Read More :
http://www.dinarupdates.com/showthread.php?30239-Iraq-vows-to-activate-the-ba
rcookie says for his part, the Iraqi minister said that the number of industrial units Iraqi Mthrih and in need of modernization and reconstruction and that Iran due to their experience and technical sciences Bamکanha help Iraq in this area.
http://www.alliraqnews.com/modules/n…?storyid=30634
http://www.alliraqnews.com/modules/news/article.php?storyid=30634
Read More :
http://www.dinarupdates.com/showthread.php?30239-Iraq-vows-to-activate-the-banking-and-financial-dealings-with-Iran-2-19&p=145420#post145420
Loopback says to subgirl The dry, it was “in paragraph 11 of the Act, which speaks of, crimes of bribery, embezzlement, and theft of state funds and crimes of financial and administrative corruption, the Commission proposed a condition, which is to be fined double the six times the amount that was embezzled or stolen,
or that includes actor amnesty clause Estrada amount that was embezzled to the state treasury. ” – IF I AM UNDERSTANDING THIS PARAGRAPH CORRECTLY.
IF YOU ARE CAUGHT STEALING FROM THE GOI.. YOU CAN KICK YOURSELF OUT OF JAIL BY PAYING A FINE OF 6 X 2 THE AMOUNT STOLEN.
jimplants says JMO how can you activate banking with another country WITHOUT BEING ACCEPTED INTERNATIONALLY?
Loopback says to subgirl KEEP>
clay says to jimplants one would think you cant
subgirl says to Loopback that is interesting! just curious, and not sure what it meant. thank you so much! (F)
larrykn says is there a difference in the govenor of the cbi and the president of the cbi?
jimplants says their government looks like the middle east version of the good ole boys
subgirl says to larrykn Iowa is too lol 60’s lol
larrykn says warming up 🙂
larrykn says monday we will be in the 90’s lol
clay says to larrykn wow
subgirl says to Loopback so they can keep themselves out of jail by paying a fine?
clay says to larrykn hows the drought…better?
Woodywoodpecker says GM all…..I love this weather….gonna bwe 80 here today
clay says to Woodywoodpecker hey Woody 🙂
Woodywoodpecker says clay
larrykn says upper calif is but down here no so much
larrykn says not
subgirl says to Woodywoodpecker 80?????WOW! would love that! lol
clay says to Woodywoodpecker wow 80 is nice..Im so ready for it
jimplants says its a little ironic they can buy their way out of trouble with stolen money that they have not been caught stealing…go figure
larrykn says we will be in the 80s
Woodywoodpecker says come on down……I will find you a nice tree to live in
larrykn says tomorrow lol
clay says to jimplants too funny
rcookie says IF YOU CLICK IN TO THAT ARTICLE….KEYWORDS IS PICTURED AT HAT MEETING….
larrykn says rcookie what is the difference between the president and the govenor of the cbi
rcookie says to larrykn I SAW THAT THEY LISTED ALALK AS PRESIDENT OF CENTRAL BANK
larrykn says President of the Central Bank of Iraq Ali Mohsen Keywords
larrykn says what does that mean
subgirl says to rcookie Really? Alak? as pres?????
larrykn says keywords
larrykn says I thought keywords was the govenor of the cbi
rcookie says to larrykn THE PRESIDENT CHAIRS THE CHAIRMANS COMMITTEE…
larrykn says and he would be called keyword too
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says): Good morning am I misinterpreting the Iranian Rial price .00004? Cheaper than the Dinar and GDP 2X Iraqs ? I know Americans are restricted but what about Europeans?
LLN65 says to David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo good question
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says Is Alak out???
tman23 says BASRA,— A new customs tariff increase recently went into effect in Iraq, slowing business at the country’s main port of Umm Qasr in Basra and choking the port with thousands of uncollected cargo containers.
Umm Qasr is already one of the most expensive ports in the world for shippers, and importing firms complain of being asked for heavy bribes, poor service and high handling costs and exorbitant port fees – up to eight times that in others ports around the world.
The new tariff, which went into effect on January 19, imposes a 30 percent customs duty on imported goods coming through Iraq’s crossing points, exempting the autonomous region of Kurdistan.
“The customs tariff on imported goods in Kurdistan is five percent, while it is 30 percent in Basra.
So it’s six times higher.
It is too high and the negative consequences of this will fall on the citizen who will bear the brunt of the taxes paid by the trader – traders will apply the tax they pay to the price of the goods.
tman23 says Safi said the new tariff law, which was approved by the Council of Ministers, impacts all imported goods, including foodstuff, and criticised the government for not applying the law to the Kurdish region.
“The new tariff was imposed on all kinds of goods without exemption.
This is unjust because essential goods and foodstuffs must be excluded from these tariffs. Safi said goods containers have piled up at ports as a number of traders refrain from paying taxes, thus hampering the unloading process of vessels calling at port.
“Some are saying Iraqi ports are empty and vessels and ships have stopped calling at them, but this is untrue.
The port is full of vessels, but cargo containers have piled up.
Ships continue to call at the port and unload their cargo, but containers sit idle with their goods on yards.
subgirl says to Woodywoodpecker 😀
clay01 says to clay what the latest, had to go over to MS to take my mother to a doctors app. missed news last couple of days
subgirl says to clay Last night BGG came in and said we are having a newstime tonight! 🙂 not sure what time but will be a great one
rcookie says to larrykn CBI MANAGEMENT
Article 10 Board of Directors and committees1 The Board shall be responsible for conducting the business, and carrying out the responsibilities of the CBI, as further described in this section.2 The Board may, as it deems necessary, establish committees composed of members of the Board to consider particular issues and to make recommendations to the Board, and to grant such committees executive authority to take decisions, within guidelines established by the Board.
rcookie says to larrykn Article 11 Composition of the Board
The Board shall consist of nine members as follows:
a. the Governor as chairman of the Board;
b. two Deputy Governors;
c. three Senior Managers of the CBI, including Branch Managers on a rotating basis;andd. three other individuals with suitable monetary, banking or legal expertise and who have not been employed by the CBI in any capacity within one year of the date of their nomination to the Board.
clay says to clay01 Im so with ya
subgirl says to clay01 actually I do hold on I’ll send it by email lol
clay01 says to subgirl( MMMMMM, good, mountain grown, ahhhhhhhh
larrykn says ty rcookie 🙂
subgirl says to clay01 :D(y)
rcookie says to larrykn Article 12 Eligibility for appointment and service
1 The Governor, the Deputy Governors and other members of the Board shall be persons of recognized integrity who hold a university degree or who have extensive professional experience in a field related to banking, economics, finance, commerce, or law.
2. A person shall be ineligible for appointment to serve on the Board if, in the judgment of the Appointing Authority:
a. the person is not a citizen of Iraq;
b. the person is not a fit and proper person; or
c. the person, or any person who is related to the person by marriage, blood or kinship, including adopted children or foster children of the person, and any other person residing in such person’s household, holds direct or indirect business interests that would make it necessary for that person to refrain, to an unacceptable extent, from taking part in the decision- making of the Board.
jimplants says well that disqualifies keywordds
rcookie says to larrykn 3. The Governor, the Deputy Governors and other members of the Board shall not, during their tenure:
a. hold any employment other than with the CBI, whether remunerated or not, except that they may engage in a limited amount of lecturing and other academic activity so long as such activity is not remunerated and does not interfere with the performance of the individual’s duties and responsibilities at the CBI;
b. hold any position, other than with the CBI, in public service, except as nominee of the CBI;
c. be a member of the Legislature;
d. be an employee or official of the Government; ore. be a director, officer, employee or shareholder of any bank or other entity subject to the supervision of the CBI.
clay01 says to subgirl yes it was, :):D(F)
rcookie says to jimplants AMEN..
rcookie says Article 13 Appointment and terms of service of Board members
1. The Governor, the Deputy Governors and the other members of the Board shall be nominated by the Appointing Authority and confirmed by the Legislature. The Appointing Authority shall consult with the Governor and his two Deputies with respect to the nomination of Senior Managers as Board Members.
All members of the Board shall have a five-year term of office and may be re-appointed upon the recommendation of the Appointing Authority and confirmation by the Legislature, provided that, in order to achieve staggered terms of office, the initial terms of office shall be:
(i) for the Governor, five years;
(ii) for one Deputy Governor, four years and, for the other Deputy Governor, three years;
rcookie says (iii) for one Senior Manager five years, for another Senior Manager, four years, and for the third Senior Manager, three years; and (iv) for two of the Board Members appointed pursuant to Article 11, paragraph (d), three years, and for the other Board Member appointed pursuant to Article 11, paragraph (d), two years.
larrykn says the thing is they don’t even have a permament govenor , they still need to elect one
rcookie says 1 Any vacancy on the Board shall be filled by the appointment of a new member of the Board to serve the remaining term of the Board member replaced.2
The Governor shall determine in advance the order in which the Deputy Governors shall succeed the Governor during any period of the Governor’s absence or disability.
3 The Appointing Authority shall establish the terms and conditions of service of the members of the Board. When establishing the remuneration for the members of the Board, the Appointing Authority shall be guided by need to attract and retain highly qualified individuals to serve as members of the Board.
4 The remuneration and other terms and conditions of service of a Board member shall not be rendered less favorable during the term of office for which the Board member has been appointed.
rcookie says HERE YOU GO…
rcookie says Article 14 Resignation and removal of Board members
1 The Governor, a Deputy Governor or any other member of the Board may resign his office after giving at least one month written notice to the Appointing Authority, if such resignation is accepted. If the Appointing Authority does not accept such resignation, the
relevant member of the Board may be required by the Appointing Authority to serve not more than three additional months from the date of the member’s original resignation notice.
rcookie says 2. The Governor, a Deputy Governor or any other member of the Board shall be removed from office by the Appointing Authority only if the person:
a. has been convicted by a criminal court of an offense for which the person was or could have been sentenced to imprisonment without the option of a fine unless, in the judgment of the Appointing Authority, such sentence was motivated by his religious or political views or activities;
b. has been declared bankrupt by a court of law;
c. has been found guilty by a court of law of conduct involving a lack of probity in financial matters or other serious misconduct; rcookie says d. has been disqualified or suspended by a competent authority from practicing a profession on grounds of personal misconduct unrelated to his religious or political views or activities;
e. has been declared unfit to manage a company by a court of law or under an order issued by a competent agency;
f. has taken up any office, position or employment in violation of paragraph (3) of Article 12 or paragraph (3) of Article 21;
g. is suffering from such mental or physical infirmity which , in the opinion of the Appointing Authority, renders him unfit to discharge his duties under this Law;
rcookie says h. has been found by the Appointing Authority to have violated the provisions of paragraphs (1) or (2) of Article 15;
ori. has been absent from meetings of the Board for a consecutive period or more than three months without approval of the Board.
rcookie says 2 No member of the Board shall be removed from office on any ground specified in paragraph (2) without first being given the opportunity of hearing before the Appointing Authority.
4. Any decision on removal from office under paragraph (2):a. shall be made public along with a statement of the reasons for removal, and any written response received from the Board member concerned; andb. may be appealed to the Court of Cassation within two months of service of the decision.
rcookie says 3 Any member of the Board having been removed from office shall continue to receive remuneration and other benefits applicable under the terms and conditions to a member of the Board until such time that any hearing or appeal in the matter, whichever is later, has been decided.
rcookie says Article 20 Governor as chief executive
1 The Governor shall, as chief executive of the CBI, be responsible for the implementation of the decisions of the Board. The Governor shall conduct the day-to-day operations of the CBI and may exercise any powers delegated to the Governor by the Board.
2 The Deputy Governors shall assist the Governor in conducting the day-to-day operations of the CBI.
3 The Board may establish provisions regulating the extent to which the Governor may delegate any of his powers to other members of the Board or to senior staff of the CBI, including whether delegation may be made to a single person, or to two persons jointly.
4 The Governor shall appoint and terminate the appointment of the employees, agents and correspondents of the CBI, within the general terms and conditions of the personnel plan and other gu
rcookie says Article 23 Immunity from legal action
1 No member of the Board, employee or agent of the CBI shall be personally liable in damages for any act or omission taken in the discharge or purported discharge of official functions within the scope of his employment or engagement under this Law.
2 The CBI shall indemnify a member of the Board, employee or agent of the CBI against any legal costs incurred in the defense against legal action brought against such person in connection with the discharge or purported discharge of official functions within the scope of his employment or engagement under this Law, provided that no such indemnification shall apply if such person has been convicted of a crime arising out of the activities that are covered by such legal action.
rcookie says THIS IS THE ARTICLE THAT WAS JUST CHANGED IN LAST 45 DAYS…
rcookie says Article 26 Prohibition on lending to the Government1 The CBI shall not grant any direct or indirect credits to the Government or any other public agency or State-owned entity, except that the CBI may provide liquidity assistance under Article 30 to government-owned commercial banks that are subject to the supervision of the CBI, provided that such assistance is granted on the same terms and conditions as would be extended for the benefit of privately-owned commercial banks.2
The CBI may purchase government securities provided that such purchases are only made in the secondary market and are only made in connection with market operations.
3 Nothing in this Article 26 shall be construed to prohibit the use of government securities in connection with any aspect of open market operations or as collateral for standing facilities.
larrykn says moving forward 🙂
rcookie says THEY CAN LEND DIRECTLY TO GOI OF PREVIOUS BUDGET OVERAGES..OR UNUSED FUNDS…NOT FROM CURRENT YEARS BUDGET..
larrykn says so what they don’t use in prevous budget they can use in the current budget?
larrykn says some of those budgets were never opened, they were passed but not opened right
rcookie says YES..OR SURPLUSSES…LOL
larrykn says surplusses in Maliki pocket 😀
R&R says to rcookie There an article out from Parliamentary Finance, today, calling out the GOI and stating that they have borrowed over 2 trillion dinars indirectly from the CBI using “other” banks….
R&R says to rcookie The MP is questioning the GOI’s ability to pay salaries, considering there is an ongoing monthly budget deficit this year because Kurdish monthly oil revenues don’t come close to covering the salaries…and it gives documented evidence and raw numbers to prove it…
rcookie says HERE IS THE LINK TO THE ENTIRE DOCUMENT…
COALITION PROVISIONAL AUTHORITY ORDER NUMBER 56 CENTRAL BANK LAW 2004
http://investpromo.gov.iq/wp-content…nk-2004-En.pdf
http://investpromo.gov.iq/wp-content/uploads/2013/06/Central-Bank-2004-En.pdf
rcookie says THERE IS MOUNTAINS OF INTERESTING INFO ABOUT CBI STRUCTURE…ROLES AND ACTIONS IN THERE….
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says Amazing work rcookie. This also restablishs the CBI as a totally independent government entity that sets monetary policy without any outside political influence?
rcookie says MANAGEMENT OF FOREIGN RESERVES…OPEN MARKET OPERATIONS…RESERVE RQUIREMENTS…LENDER OF LAST RESORT…PAYMENT SYSTEMS…SUPERVISION OF BANKS…CURRENCY PRINTING & MINTING…
rcookie says to David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo YES IT DOES…
BookumDano says to rcookie To me it shows that the CBI laws were not followed by Maliki when he removed Shabibi. So the question is when are they going to inforce their own laws?
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says Who will be the dealers of the Iraqi treasury bonds. The banks.
rcookie says to R&R YES …WHICH IS FUNNY..BECAUSE WHERE WERE THOSE SAME CALLS TO ADDRESS THE DEPLETION OF THE DFI FUNDS OF ABOUT 38 BILLION…
R&R says to rcookie Thanks rcookie… I am still trying to understand it all
rcookie says to BookumDano AGREED…THEIR CATASTOPHIC FAILURE IN OVERSIGHT OF AUCTION PROGRAM AND ITS CORE VALUE PURPOSE WILL BRING ACCOUNTABILITY AND CONSEQUENCES…IMO SOONER THAN LATER..
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says This is creates a Western indusrial banking structure with monetary authority and the MOF is equivilent to the T Dept whio issues and refunds sovereign debt?
BookumDano says to rcookie When is the CBI going to get a new Sherriff?
rcookie says to BookumDano YOU SEE…ONE OF THE MOST AMAZING REVALATION THAT HAS COME TO SURFACE..IS THE FACT THAT THE MOF OWNS THE 2 STATE BANKS THAT ARE BEING IMPLODED AQND PRIVATIZED…
rcookie says WHICH WS VERY INTERESTING WHEN RECENT SUGGESTIONS OF MOF TAKING OVER CURRENCY AUCTIONS FROM CBI….
R&R says to rcookie I will give you a link to the article I referenced, but here’s a snippet talking about the “trick” the goverment is using to borrow from reserves:
rcookie says WHEN THAT PRIVATIZATION CONCLUDES…THERE WILL BE A COMPLETELY DIFFERENT LANDSCAPE …. FUNCTIONALITY AND EFFICIENCE TO THE BANKING SECTOR IN IRAQ…
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says Amazing when you think about the fact that this is so Western and Abadi followed the blueprint and got all the people to go along. Some needs to buy the documentary rights to this story. Oscar a layup
R&R says to rcookie He said (Ahmend Haji Rashed) the decision of the Finance Committee, “If we have noticed will disclose that the Iraqi government had borrowed half of its revenues, but indirectly, it has the central bank to give a loan to other banks, and the government has to borrow money from the banks,
because the central bank has decided to give loans to banks, and the equivalent of 7 trillion dinars so that the government can borrow from these banks and this is one of the tricks used in the present time. ”
R&R says to rcookie “You see how long will the Iraqi government borrowing from the reserve, would one day also ends this reserve, and how the government will be able to provide salaries of up to 860 billion dinars, at the time of imports of oil exports in the Kurdistan region of 550 carefully dinars ?, Iraq now can not believe his employees’ salaries, according to oil imports, which is sold out. ”
R&R says to rcookie http://www.iraqpressagency.com/?p=187267&lang=ar
http://www.iraqpressagency.com/?p=187267&lang=ar
rcookie says RIGHT…THEY DONT TECHNICALLY GIVE (LEND) DIRECTLY TO GOI…
BUT FLOAT LOANS TO BANKS FOR INVESTMENT & DEVELOPMENT PROGRAMS TO THE SMALLER BANKS THAT ARE BEING SUPPRESED BY THE 2 BIG STATE BANKS THAT DOMINATE 90% OF IRAQS ASSETS …
MAKING THE SMALLER BANKS IMPOTENT IN FUNCTIONALITY
rcookie says THEY HAVE BEEN DOING THIS TRANSPARENT SHELL GAME FOR A LONG…LONG TIME..AS DO MANY COUNTRIES….
rcookie says BUT AT SOME TIME GOTTA PAY THE PIPER…GONNA GET YOU IN THE WASH…OR THE RINSE….
rcookie says to R&R AND THOSE KURD SALARY NUMBERS HAVE RIGHTFULLY BEEN REQUESTED TO BE VETTED FOR ACADEMIC CREDENTIALS AND SALARY STUCTURE…EVEN PESHMERGA FOR HIGH SCHOOL DIPLOMAS….
R&R says to rcookie Thanks rcookie. Lots of mistrust to go around, but at least their greivances are being addressed. Better late than never I suppose! (y)
rcookie says to R&R KURDS DONT EXACTLY HAVE PRISTINE TRACK RECORD IN THAT REGARD..”GHOST” PESHMERGA LISTINGS FOR YEARS….
rcookie says to R&R AGREED…..GREAT ARTICLE R & R!!!!!!
R&R says to rcookie I remember that article about ghost payrolls right after Abadi took office. Money being dispersed to field commanders to pay thosands of non-existent soldiers
clay says to R&R yep
clay says to R&R just like here
rcookie says to R&R BTW THAT LINK ABOUT CBI ACTUALLY HAS ENTIRE SECTION DEDICATED TO GOI TRANSACTIONS..
R&R says to clay lol
clay says to R&R lol
rcookie says to R&R YES….AND THE FOLOW UP ON MILITARY ALLOCATIONS REPORTED TO BE FUNNELED TO BARZANI ALONG WITH THE REST OF HIS OBSCENE AMENITY AND PERK ABUSES…
David[X25SNDAUGTUKHUQWI6BTABCMVI@yahoo..] says But it’s in Arabic. I gotta work on my language skills
rcookie says YES BUT SOMEONE WILL EVENTUALLY ANSWER FOR THE PURCHASE OF FAKE BOMB SENSING EQUIPMENT THAT RESULTED IN DEATHS OF HUNDREDS OF IRAQI FORCES….
clay says to rcookie wow I remember those…long time ago
rcookie says YEP….DUMMY AMMO…ANTIQUATED WEAPONS…
clay says to rcookie what was that like 2 yrs ago
rcookie says OH MR OBEIDI…YOU GOT SOME SPLAININ TO DO…….
rcookie says YES…
rcookie says HERE IS THAT CBI LINK AGAIN…
http://investpromo.gov.iq/wp-content/uploads/2013/06/Central-Bank-2004-En.pdf
http://investpromo.gov.iq/wp-content…nk-2004-En.pdf
R&R says to clay Ans Maliki shelling out billions for old, antiquated MIG aircraft from Russia, and then the Russian pilots flew them in and really didn;t even train them to use them.
subgirl says to rcookie thank you so much for all you do here 🙂
R&R says to clay I think them even said a lot of the tech on them was so outdated it was almost laughable
clay says to R&R yes I remember and also no spare parts
rcookie says to R&R THERE WERE REPORTS AT BEGINNING OF WEEK OF HUGE SHIPMENT ARRIVING TO IRAQI PORT…WITH MILITARY EQUIPMENT…TANKS..HUMVEES ETC…REPOTEDLY RUSSIAN…
R&R says to rcookie Wow…I didn’t know that. Are those bought by Iraq?
rcookie says to R&R THATS NOTHING…TRYING NOT TO LAUGHT BUT….HOW ABOUT F-16’S DELIVERED WITH NO BOMBS OR AMMO….
rcookie says to R&R( YES
R&R says to rcookie LOL probably no flight stick either
R&R says to rcookie( So much money wasted….it surprising they only lost on 75 trillion dinar under Maliki’s reign
templejc says MALIKI’S IN TROUBLE – MALIKI’S IN TROUBLE – MALIKI’S IN TROUBLE
Pablo says Have they removed Alaq from the CBI yet?
Woodywoodpecker says I say nothing will be done to Maliki or Hillary
dennis2 says They should be tied to a tall tree & have you peck away at them…
jimplants says to Woodywoodpecker IMO maliki has ticked off our government so he goes the other person is part of our government so she stays i hope i am wrong
dennis2 says to clay I was joking at first but it’s actually not a bad idea
Woodywoodpecker says I hope you are too
clay says to dennis2 not at all lol
clay says to jimplants me too
jd says Im praying for a miracle like the rest of you guys,but I have been hammered on the point that Iraq is too inept to run their country without some serious help from the outside.Im beging to wonder if they can really pull off a RV??
jimplants says to Woodywoodpecker unfortunatly they take care of each other
clay says to jd scarey thought
jimplants says to Woodywoodpecker jd that is what the IMF UN and world bank are for as well as UST
subgirl says to jd remember IMO the IMF is involved don’t forget and they are ahead of their deadlines for the most part! This weekend IMO will be a good weekend of news!
subgirl says to jd Amesty and Abadi reshuffle… We’ll see… 🙂 hang in there!
subgirl says to jimplants (y)
jd says Im still hanging.
subgirl says to jd good!! (y)
jimplants says THEY ARE OUR SAVING GRACE
subgirl says to jimplants yes!! 🙂
R&R says to jd I was about to say the same. Don’t forget the US is there (Embassy, troops, etc.), the IMF is monitoring, World Bank is too, and so is our UST. We have our hands all over this situation….we won’t fail.
trout1 says carson on fox talking about the fed and the need to attach our money to something mentioned gold standard
jimplants says this as a bottom line is this is money orientented and we will not fail
R&R says to jd Oh, and don’t forget also ….. Sistani issued a fatwa that is an ultimate spiritual decree to care for the citizens. Which also has them on edge to get this done.
R&R says to jd The pot’s at full boil….!
Read More: http://www.dinarupdates.com/showthread.php?30232-Friday-February-19-2016
BGG Blog
