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Divine Creator, father, mother, son as one...If I, my family, relatives, and ancestors have offended you, your family, relatives and ancestors in thoughts, words, deeds and actions from the beginning of our creation to the present, we ask your forgiveness...Let this cleanse, purify, re-lease , cut all the negative memories, blocks, energies and vibrations and transmute these unwanted energies to pure light....And it is done.

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Featured Post

"Macro Transition" - New Republic Update - Saturday - October 22, 2016

Received via email at 2:06 PM EDT for publication. ~ Dinar Chronicles ---------- ​Republic Update Saturday October 22, 2016  --------...

Sunday, September 18, 2016

BGG's News Time w/ MadDScout at DU 9/18/16 - Part 2

NEWSTIME WITH BGG and MADDSCOUT Sunday, September 18, 2016 - Part 2

BGG says to coco1(7:09 PM):

in light of this recent aggresive response to IMF guidance - it may well be they are RIGHT SMACK DAB in the middle of learning how to act right!! Which, IMHO - is the most important element of them getting "world" support, re-entrance and acceptance!!

MrsBGG says to Idaho(7:09 PM):

go says(7:09 PM):

Isn't irag bound to IMF demand if they want the loan 5.3 Billion?

kalis says(7:10 PM):


BGG says to coco1(7:10 PM):

refer to my comments from Satruday on the subject... posted on THE BLOG.

Idaho says to aminmaine25229787(7:10 PM):

Thank you yes it is the 21st UN Gen Assembly and Obama is to meet with Abadi on secuirty concerns and other items

BGG says to coco1(7:10 PM):

MrsBGG says to PM):

Please use a ? mark and we will call on you, know you are new here

dale says(7:10 PM):


david334 says(7:11 PM):


BGG says to PM):

also - be sure and check out my full comments on the subject - THE BLOG -

MrsBGG says(7:11 PM):

Okay we have 6 questions on deck, let's wait until they are answered...

MrsBGG says to Drewsters Millions(7:11 PM):


Drewsters Millions says(7:12 PM):

i been seeing the word exchange rate in alot of articles recently,if that has anything to do with anything

gearing up for something

BGG says to Drewsters Millions(7:12 PM):

Long story short...

it is OBVIOUSLY on their minds.




MrsBGG says to david334(7:13 PM):


david334 says(7:13 PM):

Is the UN General assembly an appropriate venue for the Iraqi admission in the wto

what do you think

BGG says to david334(7:14 PM):

I doubt it - but what do I know??

david334 says(7:14 PM):

to bad its the last piece

BGG says to david334(7:14 PM):

Big time for Abadi - meeting with the US... attacking terrorism, regaining lost ground, working toward political stability... etc, etc, etc,


You've come a long way BABY!!

coco1 says(7:15 PM):


MrsBGG says to wickedwitch1(7:15 PM):


wickedwitch1 says(7:15 PM):

Any significance to Abadi heading the UN General Assembly? says(7:16 PM):


flint says(7:16 PM):

please type your question on a text document and copy it so it can be pasted quickly after indicating you have a question

BGG says to wickedwitch1(7:17 PM):

Other than a big opportunity to show how they are interested in working with the outside world... probably not... says(7:17 PM):

Who is tied closer to the hip Iran or u.s. according to the SBA?

BGG says to wickedwitch1(7:18 PM):

except that cooperation is the whole game - so on one hand - not directly vital, except that .... when you look at this in light of my running commentary - it is THE WHOLE GAME.

clear as mud - right??

BGG says to PM):

US. Period.

wickedwitch1 says(7:19 PM):

Just seems like a great place to show he has the respect of others

MrsBGG says to kalis(7:19 PM):


BGG says to wickedwitch1(7:20 PM):

Exactly... long term - they need "world" acceptance.

BGG says(7:21 PM):

Hey gang - hang on a sec... MadScout is bringing a VITAL piece of News.

kalis says to BGG(7:21 PM):

if one just takes cursory scan... they (Iraq) don't look all that ready to join the WTO... explian a tad more please({) says(7:22 PM):


MadDScout says(7:23 PM):

Parliamentary showing financial support for the IMF conditions

Views 450 Date 18/09/2016 - 18:34

Economy News / Baghdad Finance Committee in the House of Representatives expressed, on Saturday, its support to the conditions imposed by the IMF on Iraq in return for lending, and demanded that the Prime Minister Haider al-Abadi as "bold positions to resolve the corrupt file", as economists asserted that Iraq faces " a real dilemma, "because of the" lack of maturity "economic might obliged to accept the conditions of the IMF, warned against the imposition of the final conditions" most unfair "in the absence of Iraq's commitment.

She said the Parliamentary Finance Committee member Majida al-Tamimi, in an interview I followed the "Economy News", "International Monetary Fund request from Iraq as part of recent discussions additional cuts expenditures and the fight against corruption and activating the economic sectors", expressing its support for "the International Fund demands."

Tamimi stressed the need to "include cuts unnecessary spending of the state, and that does not affect employees and retirees, or the life of the salaries of citizens", calling for "the resolution of thousands of files of corruption in the Integrity and Accountability spoilers."

BGG says to kalis(7:23 PM):

Please read my comments that FOLLOW THAT COMMENT.

MadDScout says(7:23 PM):

She Tamimi surprise of "spending three million and 799 thousand dollars to hire a private aircraft, during the last quarter of the year 2014 and over the past year in 2015, as well as the expenditure of funds and other money on Aivadat officials, in spite of the serious consequences of falling oil prices and the war against al (Daesh) ", Prime Minister Haider al-Abadi required to" be more aggressive in resolving the corrupt files, especially since he knows very well the defect points and the size of the waste of public money, since he held the presidency of the Finance Committee in the House of Representatives economic and kissed her. "

For his part, economist Anton spokesman, said that "a number of recommendations and conditions placed when he agreed to lend Iraq, including a review of public budgets of the state and the actions taken to rationalize spending and anti-corruption International Monetary Fund."

Anton said that "the International Monetary Fund found that some of the recommendations have not been applied properly, what could herald its objection and perhaps his lack of loan," stressing that "Iraq is still in front of a big problem not addressed so far, is mono-economy and the continued decline in global oil prices, which may be obliged to accept the terms of the international Monetary Fund despite the prejudice of some of those conditions."

He Anton that "Iraq faces a real dilemma has compelled him to make other concessions paid for the Iraqi people, which forms the basis of the victim's austerity and loans," attributing the reason to "financial mismanagement of the government and the dominance of the ruling parties on the financial file, in addition to rampant corruption and lack of activating the private sector." .

MadDScout says(7:23 PM):

It is noteworthy that the Jordanian capital Amman witnessed, on Saturday (September 10 2016), the conclusion of the first review of the Convention on standby credit with the representatives of Iraq and the mission of the International Monetary Fund to supplement the IMF loan negotiations during the current year 2016 has been delivered to Iraq before mid-July 2016, about 634 million, the first installment of the IMF loan account immediately after the IMF Executive Board approval, in (the seventh of this month), on the standby credit agreement with Iraq, noting that the loan term is five years, annual interest rate low of one and a half percent (1.5% ), and that the number of payments is 13 batch stretches over 36 months.

The United States confirmed, in (the twentieth of April 2016), that the economic reforms the Iraqi government began to show the effects of an increase of non-oil imports, indicating that the Iraqi government's success in reducing the budget deficit means obtaining a loan from the International Monetary Fund worth billions of dollars. AJ


MrsBGG says to dale(7:25 PM):


dale says(7:25 PM):

I believe they need to tweak the Investment Law still .... any thoughts on that and any other pertinent things they need to get done?

kalis says to BGG(7:25 PM):


BGG says to MadDScout(7:25 PM):

That is a HUGE REPORT... I'll break it down and work on it soon... but there is ALOT there.

MadDScout says to BGG(7:27 PM):

Was a read

More forward momentum

BGG says to dale(7:28 PM):

I think they are close on that... I doubt the HCL is all that important... the reason Maliki keeps bringing it up - he feels like, if he can make it a leading issue, it is divissive enough to keep everyone arguing for years. He would be "safe in the chaos" for a long time. Not gonna' happen.

dale says(7:28 PM):

Thanks BGG

BGG says to MadDScout(7:29 PM):

Yes, my first, cursory reaction - Parliament is on board. They throw some "double talk" in there... don't want to be told what to do... but 1 of the big things the IMF is literally TELLING THEM THEY HAVE TO DO is attack their corruption problem.

so wait - Parliament is b!tching a little bit about having to deal with the corruption - seriously?!? (and that is EXACTLY what it is... )

MadDScout says to BGG(7:31 PM):

Yes but as we saw with the taxation issue and Iraqs sovereignty

david334 says(7:31 PM):


BGG says to MadDScout(7:31 PM):

Maliki's corruption is far reaching and wide - much of the big money being made on the corruption from the inflated auction process was being passed all aroudn to a lot of these idiots.

MadDScout says to BGG(7:31 PM):

they complained only momentarily

MadDScout says to BGG(7:31 PM):

It is part of the "conditions"

BGG says to MadDScout(7:32 PM):

agreed - and the reason is - they pretty much have little choice...

MadDScout says to BGG(7:32 PM):

Right! (y)

MadDScout says to BGG(7:32 PM):

there's always the "black list"

BGG says to MadDScout(7:32 PM):

which is so strange when you look at the context of the support - as I illustrated on Saturday afternoon.

Think about it.

BGG says(7:33 PM):

Whatever the carrot is - HAS TO BE MAGNIFICENT... NOT 5.3 Billion...

MadDScout says to BGG(7:33 PM):

I think they have to(or feel compelled to) make a show of not liking it but they gonna do it if they want the funds

MadDScout says to BGG(7:34 PM):


BGG says to MadDScout(7:34 PM):

Exactly - they have to do it... but not like it..

MadDScout says to BGG(7:34 PM):


BGG says to MadDScout(7:34 PM):

here's the real question - WHICH FUNDS??

MadDScout says to BGG(7:34 PM):

Is not 18B the full taco?

BGG says to MadDScout(7:35 PM):

No - The IMF package is 5.3 Billion.

MadDScout says to BGG(7:35 PM):

Including all "donor" countries

BGG says to MadDScout(7:35 PM):

Over 5 years!!

MadDScout says to BGG(7:35 PM):


MadDScout says to BGG(7:35 PM):

but all hinged on conditions

BGG says to MadDScout(7:36 PM):

So - my question is ...

MadDScout says to BGG(7:36 PM):

not a give away

BGG says to MadDScout(7:36 PM):

what's it really about??

MadDScout says to BGG(7:36 PM):

Right I get ya

BGG says to MadDScout(7:36 PM):

Exactly - a GIGANTIC amount of leverage... for a seemingly tiny return...

MrsBGG says to coco1(7:37 PM):


BGG says(7:37 PM):

Last one.

coco1 says(7:38 PM):

The bombing was near Madison Square Garden, approx 1.6 miles from the UN building according to Google maps. Trying to find WTO in New York, but nothing listed. They are based in Geneva, and are part of the UN, so perhaps they are also in the UN building in New York. The IMF is in DC. says(7:38 PM):

Can Iraq initiate the tarrifs w/o acceptance into the WTO?

BGG says to PM):

They already have.

BGG says to coco1(7:39 PM):

Thank you for that -

Have a great night everyone.

BGG says(7:39 PM):


david334 says(7:39 PM):

Talk soon BGG

BGG says(7:39 PM):

Let's be careful out there...


Have you hugged your MOD today??

1bobby says(7:40 PM):

thanks BGG and MadScout

aminmaine25229787 says(7:40 PM):

looking forward to your breakdown of the article BGG

Back to Part 1


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