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  "Perfect Timing" - Tues. AM KTFA Thoughts/News 3/27/18

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Ssmith
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PostSubject: "Perfect Timing" - Tues. AM KTFA Thoughts/News 3/27/18   Wed Mar 28, 2018 10:32 am

KTFA

2Cents » March 27th, 2018


IMO......perfect timing.....Kurds complete payroll Thursday morning, budget published Thursday evening in the Gazette and goes in effect 4/1....Fingers crossed

Samson » March 27th, 2018

Today .. Distribution of salaries of Peshmerga


2018/3/27 10:55

The distribution of the salaries of the month of November last year of the Peshmerga forces, and continue the distribution of three days.

According to the table of the Ministry of Finance and Economy in the Kurdistan Regional Government, "will be distributed today salaries of both the leadership of [Zirvani] and Peshmerga defense and emergency oil brigades will be on Wednesday, the distribution of salaries of the units of the units {70 and 80}

The distribution of Peshmerga salaries will continue until Thursday, In which the distribution of salaries of the Diwan and brigades of the Ministry of Peshmerga. LINK

Venezuela to delete three zeros from its currency and Iraq is still afraid of "circumvention"

27th March, 2018

The Venezuelan government has decided to delete three zeros from its currency to enter into force this year, while Iraq is still cautious in its decision because of its fear of fraud, which is expected to help to tighten and improve the performance of banknotes.

Venezuelan President Nicolas Maduro has ordered a change in the currency unit of the faltering local currency by removing three zeros from its value amid excessive inflation and an economic crisis in the country, Venezuelan media reported. Maduro said the measure would come into effect on June 4 and would have no effect on the Bolivar value. The action shows the collapse of the Bolivar, which fell 99.99% against the dollar on the black market since Maduro came to power in April 2013.

But Maduro, according to media, presented the move as a positive development aimed at protecting Venezuela from speculators in the currency market and from a US-led trade war against the Organization of the Petroleum Exporting Countries (OPEC). While the measure appears to be a revaluation, Cash for the currency as the country will not change the official exchange rate.

In parallel, between the governor of the Central Bank of Iraq on the words in an interview with Iraqi media: "The deletion of zeros not because of the value of the dinar, but for the purpose of tightening and improve the performance of banknotes and reducing the use of the dollar locally in circulation and exchange and storage value and standardize the size of banknotes," indicating "The subject of deleting zeros from the currency is ready but needs an environment suitable for its application to prevent manipulation and fraud by the owners of vulnerable souls. LINK

DELTA » March 27th, 2018

Foreign Currency Selling Window for 28/3/2018 that performed on 27/3/2018

Announcement No.(3664)
Sale Date - 28/3/2018 that performed on 27/3/2018
Details
Amount

Total sale for the purpose of strengthen outside assets (Transfers and credits)
117,376,624

Total sale cash
8,910,000

Total sale amount
126,286,624

THE LOWEST AUCTION SO FAR.........VERY NICE!! DELTA

Samson » March 27th, 2018

The Balance: The budget became effective after the 15-day deadline


27th March, 2018

The coalition of state law, Tuesday, March 27, 2018, that the federal budget for this year became effective with a deadline of 15 days and the ministries to work.

"The budget is effective with the expiration of the 15-day period that was given to the president constitutionally, and without its ratification, it will take effect," Al-Sabah newspaper quoted MP Ali al-Alaq as saying. "The non-ratification does not mean challenging them, but there may be an amendment. "He said.

The Information Office of the Presidency of the Republic was announced on March 13, 2018, rejected the President of the Republic Fuad Masum, the ratification of the budget of 2018 due to the presence of about 31 points where intersect with the legislation in force.

"The President of the Republic Fouad Masoum decided to return the draft law of the general budget for the fiscal year 2018 and voted by the Parliament on the third of this March, to the House of Representatives to re-examine the form and content of the constitutional, legal and financial." LINK

Parliamentary Economy: The government has the right to act in the budget

27th March, 2018

Member of the Committee on Economy and Investment Representative Jawad al-Bolani, Tuesday 27 March 2018, that the right of the federal government to act and disbursement of the financial budget for 2018, pointing out that the Ministry of Finance to implement the budget instructions and the launch of financial allocations to other government institutions and federal provinces.

"The legal and constitutional conditions are ready and appropriate for the release of the gates of public budget disbursement by the federal government," he said, calling on the Ministry of Finance not to delay the implementation of the instructions provided in the sections of the budget and disbursement to government institutions and provinces.

He added that "the general budget for 2018 entered into force by the federal government and no legal or constitutional embarrassment for disbursement, pointing out that all ministries and provinces urgently need to launch allocations to provide services to citizens." LINK

StephenMac63 » March 27th, 2018

What will we Become when the RI is upon us?

This was a question that Frank asked towards the end of the Monday CC. Most heard it as another sentence in a two hour long CC that pretty much laid it out to a "day-by-day" basis. Afterall, the only thing left, that we can see, is "The Acceptance of Article 8".

So, the question remains....what will we become when the RI is upon us? For starters, we obviously won't be waiting anymore and we can then begin a new chapter. Some will finally be able to catch up on finances, others will be planning ahead for a legacy.

In the meantime, in order to answer the above question, we also have to ask ourselves another question first...."What are we Now"? Are we conservative, wasteful, without financial direction? We need to ask this first because it has been said that "Money only Magnifies You"....meaning if you already waste money, the odds are that you will waste even more, just on a larger scale.

Or if you are frugal and conservative, it too will be magnified as you will offer extra scrutiny in evaluations of purchases and investments than you normally would have. A different mindset will be developed, naturally.....case in point....you have no problem spending 20 bucks a week on your lottery tickets............after the RI would you have a problem spending 80 dollars a month on lottery tickets? Its the same formula, just presented on a different scale.

Each one of us have a specific plan of what we want to do when the time comes and no plan works the same for two people as each person has a unique situation and different temperaments when it comes to money. What may be great for you may not be great for someone else. Your passions about a cause may not be equally shared by another......and thats ok. This also goes for financial planning, legal team setup, ect, ect. You dont buy the same airplane because your neighbor has one. You buy the airplane that suits your needs.

So, in the meantime, take stock in "What We Are?". Its ok, and even encouraged, to make positive improvements. I could have used the word "change' instead but we all know "change" can also be described as going from Bad to Worse"...which is change. We dont need Change, We need Improvement. The hardest part for the most difficult person is them being honest with themselves.

Define "Who We Are" will lead you to the honest answer of tonight's question of "What will We Become Upon the RI?".

IMO, of course
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