News With Links & Discussion
Wealthwatch OOTW News & Comments 2-1-16
OOTW: THE CBI is preparing to launch the e-dinar recommends depositing the salaries
OOTW: RELATED ARTICLE RE 18% DEPOSIT INTEREST YIELDS wealthwatch.world/showthr…
OOTW: THE CBI IS UNDER THE GUN AND DOING ALL THEY CAN TO GET MONEY INTO THE BANKS…UHHH..THINKIN’ THEY NEED DEPOSITORS INSURANCE
OOTW: IT JUST CONFOUNDS ME THAT THE CBI THINKS THAT IF THEY OFFER 18% DEPOSIT INTEREST YIELD/RATES..AND FORCE PEOPLE TO GET THEIR PAY VIA E-DEBIT (EFFECTIVELY) THAT WITHOUT DEPOSIT INSURANCE OR PROTECTIONS ON THEIR MONEY, THAT THEY’LL ACTUALLY KEEP THEIR MONEY IN THE BANKS?
Tootsie: Good Feb 1, 2016 to all
OOTW: HIYA TOOTSIE
lonegunman: ‹@Tootsie› howdy
lonegunman: ‹@OOTW› hello
Tootsie: ‹@Tootsie› ‹@lonegunman› hello!!!! whee!
Tootsie: gonna love this one
Lonegunman: ‹@Tootsie› lol lol
OOTW: YES BUT NOW WE SEE ANOTHER ARTICLE FROM WHAT I CONSIDER A CREDIBLE SOURCE RE STATING THE 18%
Tootsie: ‹@OOTW› hopefully !!
Tootsie: Ahmed Nouri al-Maliki bought the most expensive house in the world B275 million euros 2016-02-01 02:31:02Selling the most expensive house in the world to the buyer (Ahmed Nouri al-Maliki), compared to 275 million euros, compared to US $ 301 million, according to the British newspaper The Independent reported.
The paper says that the property extends over an area of 50 thousand square feet, or about 4645 square meters and located the house, in a huge park located between the areas of Versailles and Marly Le Roy in the French capital, Paris.
The site Bloomberg that the person who bought the property, asked not to be identified, but sources close to al-Maliki, according to the newspaper mentioned, that his son Ahmed is bought this huge house.
This house has the world record breaking, beating Butmenh on the price of an apartment in the British capital, London, which sold for $ 221 million in 2011. wealthwatch.world/showthr…
lonegunman: ‹@OOTW› and e cards !! no cash
lonegunman: ‹@Tootsie› yep saw this !! nice huh
Tootsie: ‹@lonegunman› yes, I read that they want to do such ~ Now, tell me when they will get banking protection ~ gosh, sooo long time coming
lonegunman: ‹@OOTW› its getting better by the day !! lol
lonegunman: e card or cash still the same rate big flippen deal!
OOTW: IT SURE IS…ESP SINCE ABADI AND MASSUM MADE THEIR BIG ANNOUNCEMENTS RE CORRUPTION AND REFORMS
OOTW: IT’S A TENDER DANCE
OOTW: THEY HAVE TO MAKE REVISIONS TO THE AUCTIONS AND CORRUPTION BEFORE THEY CAN IMPLEMENT CURRENCY REFORM
OOTW: SO THAT’S THE HITCH RIGHT NOW
OOTW: AND THEY SEEM TO BE GOING AT IT HARD… 😉
OOTW: IN THE MEANTIME, THE BANKS ARE DOING WHAT THEY CAN TO GET MONEY INTO THE BANKS – TO INCREASE LIQUIDITY
OOTW: DIANE LOL
Tootsie: I feel it is a major step for them to actually institute some ‘electronic’ preparing and actually doing , well it is Iraq ,
lonegunman: ‹@Tootsie› yep it is Iraq , lucky us !!
56Tootsie: ‹@lonegunman› market rate 1234 = :silly:
OOTW: YEP AS USUAL, IRAQ IS BASS ACKWARDS
OOTW: LET’S CON THE PEOPLE OUT OF THEIR DINAR TO GET THEM BACK INTO THE BANKS WITHOUT PROTECTIONS
OOTW: SO NOW AHMED HAS ANOTHER TANGIBLE ASSETT THE GOVT CAN RETRIEVE
OOTW: I’M LIKING IT
OOTW: CBI calls on citizens to buy bonds and stop “hoarding money” Author: HH, MK Editor: AT, HH 01/02/2016 18:25 Number of Views: 124 Called on the Central Bank of Iraq, on Monday, citizens to the acquisition of national bonds, which will present soon, rather than reliance on “hoarding money”, as he emphasized that those bonds will have a “good financial benefits.”
He called on citizens to “the acquisition of national bonds, which will put it soon rather than the adoption of hoarding money,” pointing out that “the central bank wants to bring in the interest of the citizen through internal bonds instead of resorting to asking foreign bonds.”
The Central Bank of Iraq announced earlier, take the necessary measures to support liquidity in the banking system, and decided to facilitate the sale of foreign currency “to sustain the exchange rate” procedures.
The Central Bank of Iraq, said in (the 18th of January 2015), that the financial reserve for Iraq equivalent and a half times the weakness of the currency bloc, returned as “best rates” in the countries of the world,
OOTW: ” in the interest of the citizen through internal bonds instead of resorting to asking foreign bonds”
Donnie: well…. the CBI wants their Dinar and what better way then to offer a 18% return.
OOTW: I WOULDN’T HAUL MY MATTRESS MONEY INTO THE CBI WITHOUT DEPOSITORS INSURANCE
Doug_W: AMEN OO
OOTW: I EXPECT THERE ARE NOT MANY POOR ABLE TO HORDE MONEY
Tootsie: me neither,
OOTW: BUT THERE ARE ENOUGH PEOPLE, LIKE OURSELVES, WHO ANTICIPATE MAKING A RETURN ON THEIR DINAR (IN IRAQ)
OOTW: ESP WHEN THE SPREAD TO BUY FOREIGN CURRENCY/USD IS SO HIGH
Doug_W: I don’t think 18% is enough considering it may Rv AT A DOLLAR OR MORE
OOTW: MAY BEING THE OPTIMAL WORD DOUG
Donnie: ‹@OOTW› totally agree. My statement was a guess on a reason for the CBI to try and do this.
Doug_W: yup I know OO
OOTW: SORRY, YES
Tootsie: I found the article requesting them to purchase bonds rather than hoarding interesting ~~ If 18% on funds, why purchase bonds ?? Unless CBI need to tie up the funds for a while ~ did not note an interest rate on them however. Probably missed hitting one of my brain cells
OOTW: THIS IS ALL IT STATED , TOOTSIE
Donnie: IF the Dinar RVs then the Dinar deposits in the banks will still be the same amt of dinar. It won’t change unless iraqis exchange some Dinar for USD and why would they do that when they can only use dinar to purchase items in Iraq?
OOTW: LIKE I SAID YESTERDAY….IF THE CBI WANTS TO PAY 18% ON DEPOSITS, THEY HAVE TO OFFSET THIS SOMEHOW..IT WILL DRAIN THE BANKS…THIS WOULD MEAN A POTENTIALLY HIGHER RATE FOR LOANS
OOTW: HOW CAN THEY DO THIS?
OOTW: GREAT POINT DONNIE
Donnie: IMO – after RV the items in Iraq will cost a lot less Dinar to purchase because the price to import items at USD then exchanged to Dinar will change
Tootsie: This too shall pass ~~ :whistling:
OOTW: ANOTHER GREAT POINT, DONNIE TYVM
OOTW: MY FAV SAYING TOOTSIE
Donnie: In the US the dollar has risen a lot over the years and prices have risen a lot also…. so why do people think a stronger Dinar is better for Iraqis? (besides a better price on imported items)
OOTW: YES THE FIAT CURRENCY SYSTEM IS A SCAM
Donnie: while the dollar is strong it only benefits us if we exchange to another countries currency and go to that country and buy goods/vacation/etc.
Donnie: so if/when the dollar drops in value our goods will cost even more for us because the imports costs will rise. thus we are royally screwed.
OOTW: WE ALREADY ARE DONNIE – THERE WILL BE MORE BAILOUTS FOR BANKS
OOTW: HERE’S ANOTHER QUOTE FROM THE ARTICLE
OOTW: He called on citizens to “the acquisition of national bonds, which will put it soon rather than the adoption of hoarding money,” pointing out that “the central bank wants to bring in the interest of the citizen through internal bonds instead of resorting to asking foreign bonds.”
Donnie: so with the dollar at record highs, our imported goods should cost less but they don’t. so who is getting all this money?
OOTW: THE BANKS AND THE FEDS
Donnie: and corporation (CORRUPations)
OOTW: HA HA HA YES
OOTW: NOW IT’S HALF THE SIZE
Donnie: but it’s still only 4.00
Donnie: so you’re not spending anymore then before
OOTW: YES, BUT MUCH LESS FOOD FOR THE MONEY
Donnie: but this is Govt illogical thinking
Donnie: NOT TO MENTION wages have been stagnant since early 90’s
OOTW: IF NOT EARLIER DONNIE
OOTW: I HEARD A REPORT ON NPR THAT WAGES ARE SIMILAR TO THE 1970’S
Donnie: lol – true
TheCatInTheHat: Hey guys, anything new. Heard the CBI site has changes to it. But I don’t see anything new
TheCatInTheHat: Any updates?
lonegunman: ‹@TheCatInTheHat› hey cat there are new features !! not sure if it is anything of importance
lonegunman: have to click icon at top right of CBI page
OOTW: LUCKY MANY, MANY COUNTRIES PRINTING AND PUMPING
lonegunman: ‹@luckyinkentucky› Im not sure the CBI knows what they hav !! over the 7 yrs i have seen them say many amounts
Donnie: ‹@OOTW› “The most affected and those affected by the general price level rise are the owners of fixed income, who are the largest in the segment of Iraqi society.”
luckyinkentucky: ‹@OOTW› that is so true
OOTW: HERE IS A POST MADE THIS MORNING….ALSO AT THE TOP OF TODAY’S CHAT (SCROLL UP PLEASE) wealthwatch.world/showthr… THE CBI is preparing to launch the e-dinar recommends depositing the salaries
Donnie: ‹@OOTW› this will always be a problem for any country where people rely on getting money from Govt (soc sec, welfare, disability, unemployment, etc)
lonegunman: Im sure if they are working with the IMF then everything should !!! be transparent
OOTW: YES DONNIE, SO TRUE
Donnie: PEOPLE need a small business that produces goods that other people can’t live without!!!
OOTW: I ALSO HEARD A PRESS RELEASE FROM A REP FOR OBAMA, WHERE THE GOVT IS CURRENTLY INVESTIGATING COMPANIES, NATION WIDE, RE GENDER PAY DISCREPANCIES
OOTW: AND REPS FOR THE COMPANIES UNDER INVESTIGATIONS STATING, “WE HAD NO IDEA ROBERT WAS GETTING MORE MONEY THAN DONNA”
Donnie: so will the result be females getting a raise or males getting a pay cut?
OOTW: “WE’LL HAVE TO FIX THIS! “;)”
OOTW: IT WILL BE ONE OR THE OTHER
OOTW: IF THEY REDUCE MALE PAY THEN I’M SURE THERE WILL BE LAWSUITS….”MY CONTRACT SAID THIS”
Donnie: ‹@OOTW› fire the male and hire another female at the female wage
Donnie: get more work done for less money lol
OOTW: MEANWHILE…. HOW DO I BECOME A SWISS CITIZEN? LOL burathanews.com/news/2854… Switzerland plans to vote on a proposal to give every citizen to 2500 Swiss francs [US $ 2450] per month, regardless of whether he was employed or unemployed. http://burathanews.com/news/285475.html
Donnie: lol count me in Donnie: i have 6 kids x 2500 Donnie: lol