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Monday, August 29, 2016

BGG's News Time at Dinar Updates 8/28/16 - Part 1

NEWSTIME WITH BGG Sunday, August 28, 2016 - Part 1

BGG says(6:29 PM):

Hey gang - we all ready for News Time??

BGG says(6:30 PM):

I advertised it on THE BLOG and THE OBSERVER?

I guess someone needs to tune in a bit more

kalis says(6:30 PM):

Good ole BGG always thinking of us and keeping us in the loop ..

kalis says(6:30 PM):

yer sir

BGG says(6:30 PM):

Yup - that's me!!

OK - let's get things kicked off!!

Mrs BGG would you mind saying a quick prayer - get us started off right??

MrsBGG says(6:31 PM):

Heavenly Father, we come to You by the Blood of Jesus. Thank You that You are The Good Shepherd! Thank You Holy Spirit for Your leading and guiding. Thank You for Your Mercy, Grace, & Forgiveness. Thank You for answered prayer in this room. We love You and trust You. We pray for those in Louisiana and Italy. We pray for our country and the election that Your will, will be done. We thank You for each person who serves on this site. We pray that You will bless each person and their families here. We give You all the Glory, Honor, and Praise, In Jesus Name, Amen.

magnetlady says(6:34 PM):

Evening BGG

MrsBGG says(6:34 PM):

During News Time if anyone has a question or comment, please use your ?, it makes it easier for the copiers and

everyone to follow. Thank you .

BGG says to magnetlady(6:34 PM):

Evening Mags.

BGG says to magnetlady(6:34 PM):

How are you?

magnetlady says(6:34 PM):

Doing Great Thank you

BGG says to magnetlady(6:35 PM):

Speaking of which - We so appreciate the job you do for everyone!!

magnetlady says(6:35 PM):

You are most welcome

magnetlady says(6:35 PM):

Everyone is most welcome, love doing it.

BGG says(6:36 PM):

I do to - but lots of folks don't really get it...

so - to start things off...

david334 says(6:36 PM):

Not me I get it

BGG says(6:36 PM):

listen up everyone...

give these folks a props when you can.

if you can't - relax. No problem... but don't be a TURKEY.

these folks do what they do "for the love of the game" - period.

kalis says(6:43 PM):


BGG says(6:43 PM):

throwing a tantrum isn't becoming... and trying to tell them how you want them approach you with your free meal is a little ungrateful (if you ask me)...

(BTW - include fire_fly and others in that last group)

so - in conclusion...

and wrap this up...

try to be smarter than the average dairy cow. Please...

there's some wisdom here...

if a cow is eating - and runs across a stick in their trough...

they don't get offended and quit eating...

they don't pen up an e-mail to the ADMIN...

(or the farmer)

telling him how offended they are - that there was a stick in their hay...

the cow just moves the stick aside and keeps eating. SIMPLE.

I have a final question...

Have you hugged your MOD lately??

MadDScout says(6:48 PM):


MrsBGG says(6:48 PM):

Yeah!! (((((Group hugs)))))

jweath says(6:48 PM):


BGG says(6:50 PM):

OK - where we at??

subgirl says(6:50 PM):


BGG says(6:51 PM):

Here's some quick thoughts off the top of my head...

this is an investment..

not some Rah - Rah club...


I cannot see how anyone is actually following the financial details of this thing and not be thoroughly EXCITED about where we are (finally!!)...

david334 says(6:53 PM):

support the unbelieve window we have been given

and if people are rude can them

BGG says(6:54 PM):

One point that gets missed alot - they have signed deals and agreed to remove and adhere to a more "international standard" regarding their internal MCPs... (the means "multi-currency practices")... THIS IS HUGE... MCPs coming to an end...

this is a big point in their whole "economic reform package" - it is a complete overhaul... MCPs and currency being only one point of the program...

Here's what they currently do -

they sell their oil in USD...

the GOI then buys back IQD from the CBI for internal projects...

they actually hold USD for external payments and projects...

so - even until recently - they are still (or have been) operating under some odd MCPs. The WB and IMF doesn't like it.

they have agreed to change - and have taken direct action and taken on breath-taking reforms on daily...

it's happening before our very eyes.

and my final thought is this... once they step across that "currency threshold" moving towards a "singular currency regime" - the logical solution is for the IQD to be "on par" with the USD (which they are currently using)...

you do realize what I just said - RIGHT??

Elane says(7:03 PM):


cobalt says(7:03 PM):


jimplants says(7:03 PM):

oh yeah

jtank says(7:03 PM):

date - rate - lol

BGG says(7:03 PM):

the IQD is widely regared as "GROSSLY UNDERVALUED"... by noted world economists... real dudes.

kalis says(7:03 PM):

yes and the moving toward that each day ..

MadDScout says to BGG(7:04 PM):

IMF made a statement there was no reason to "devalue"

BGG says(7:04 PM):

for them to move to a "single currency" there needs to be some parity once they do so...

of course not.

MadDScout says(7:05 PM):


BGG says to MadDScout(7:05 PM):

but they can't come right out and say what it is they really mean (or convey their true intentions)...

MadDScout says(7:06 PM):

"some parts of the economic reform are to be withheld from the public"

BGG says to MadDScout(7:06 PM):

of course!!

MadDScout says(7:06 PM):

Their quote

BGG says to MadDScout(7:07 PM):

don't want to start a RUN ON IQD

Nomad says(7:07 PM):

Yes, but you didn't say when! Just kidding...don't kick me to the curb! I'll move to the back row...LOL

MadDScout says to BGG(7:07 PM):


MX says(7:08 PM):

Iraq has never been in this position before

BGG says to MX(7:08 PM):

That is true.

MadDScout says to MX(7:08 PM):


BGG says to MX(7:09 PM):

We've had reasoning that we thought "might" work out...

MX says(7:09 PM):

Worth something to get excited over IMO

BGG says to MX(7:09 PM):

but this is looking inevidable.

MX says(7:09 PM):

That's right

BGG says to MadDScout(7:09 PM):

OK Pat - what do you have for News tonite??

(7:10 PM)patti was kicked out by patti!

MadDScout says(7:10 PM):

Hakim assure Jabouri political truce and to apply the rules of parliamentary behavior

If political stability is a key part of the CBI being able to move forward, this is important

key to part*

Standard & Poor reclassify Iraq to B with a stable outlook

BGG says(7:12 PM):

Hakim assure Jabouri political truce and to apply the rules of parliamentary behavior

The head of the Islamic Supreme Council of Iraq, Ammar al-Hakim, the head of the House of Representatives Saleem al-Jubouri, the need for political calm in the parliament.

Hakim said, according to a statement his office "through receiving Parliament Speaker Salim al-Jubouri, and a number of leaders of the Union forces, we emphasized the importance of political appeasement, which starts from the dome of the parliament to go, the battle to liberate Mosul."

Hakim also stressed during the meeting, according to the statement "the importance of the House of Representatives to stand up in turn the regulatory and legislative, and let us to apply the rules of parliamentary behavior, consider the demand for electoral collect two practices in one day, and reducing the number of members of the House of Representatives and members of the provincial councils."...

BGG says(7:14 PM):

Continue to Part 2


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