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Post by Mountain Goatee Mon Mar 25, 2019 1:32 pm

March 25, 2019 Mnt Goat News Brief

Hi Everyone,

I bring you much news today.

Spring is coming slowly to our Alpine region. Spring skiing is still very good and many tourist are still on the slopes.

Many of these intel gurus are telling you that the CBI and GOI want to reinstate the currency by the end of March. I am hearing the same and we know that the govt has not yet opened its 2019 budget.

This past week there were many meetings with the Kurdistan region.

What did they talk about? Did they talk about the ferry sinking in Mosul? Or the security issues? Or article 140? Or why they have not yet been paid their salaries now almost 3 months overdue.

We have been told that they GOI waits to open the budget because once they do, if the reinstatement (which will include significant rate increase for the dinar) did not yet happen they may have to wait until January 2020 window again. They do not want to do this.

If they do open the budget with the CBI rate of 1180 and then try to reinstate the dinar later in the year, this will cause many accounting issues to convert in the middle of an accounting term. Just THINK of the issues going from a massive rate change from an eighth of a penny to $4.40? How do you adjust the books? But this adjustment is not just about a rate change as the CBI has changed its rate many times within an fiscal year. But this was a CBI rate to CBI Rate not a CBI rate change to Market Rate Change. Get it? In the past these change had little to no impact on the accounting process.

But the reinstatement is not just changing the CBI rate. It is a reinstatement process with many more technical issues that arise if you go from a CBI rate to a Market rate and do it in the middle of a fiscal accounting period for the year. I can not go into all the details and many of you would not understand the adjustments to the ledgers that would have to be made from moving from a 1180 rate to a $4.40 rate, as it is a very substantial change in values.

How do you adjust and reconcile a ledger with a mix of program rate and true market rate of the dinar?

So we can see the dilemma that the GOI is in when they did not make their target for a January 2019 reinstatement. The effects ripple enormously once they open the budget and then try to reinstate later in the middle of a fiscal year.

More news….

UPDATE ON THE ONGOING ELECTION SAGA

A political source familiar with the negotiations of the completion of the ministerial portfolio on the nomination of the team Abdul Ghani al-Asadi for the post of Minister of the Interior supported and nominated by the alliance of others.

I firmly believe that it is still the Iranian influence of Nori al-Maliki that is holding back the completion of the cabinet. There are certain items he wants and Sadr is not going to give it to him. This may go on for the entire term of Mahdi until someone caves in.

More news….

I have posted two new video sets recently:

1.on explaining the importance of the electoral college in the election process and who wants to change it. Why? :

=68.ARD6Ol0trrQ6D6J3LtFYheMzHzSx9YR5Ua8HNjyzUSY1AK5zea6NtNVToo5ia8KXlcuNy7IsQn05FAY_71cOwosCDSf151RF4jZ1vZ53XKyrCv2iaF5gFrLRBjo66f4v-CWiIjLBRCG9M4E9YK009QLEJ9kGd9975-Jv6CNDDpGF9nm_5MGLqBo6EARWF0F4Bgiefu7GDv1y703NrIJpY2R_KJJXQrOv0-xIeIOLW0WeaeLzQO-I6kXRLkSyiSKY28U-jnfF3S1z0rNxTDJKZNKUgSrqvcMSBBOUdHoQcqU2SsBgRZiSFM-_Pem1a4creEeHGb_XrTfwuCtTt-i3mPQ&__tn__=K-R]https://www.facebook.com/281127528889313/videos/778446059206786/

2.on explaining the “deep state” and how it works and how it is multi-layered:

=68.ARD6Ol0trrQ6D6J3LtFYheMzHzSx9YR5Ua8HNjyzUSY1AK5zea6NtNVToo5ia8KXlcuNy7IsQn05FAY_71cOwosCDSf151RF4jZ1vZ53XKyrCv2iaF5gFrLRBjo66f4v-CWiIjLBRCG9M4E9YK009QLEJ9kGd9975-Jv6CNDDpGF9nm_5MGLqBo6EARWF0F4Bgiefu7GDv1y703NrIJpY2R_KJJXQrOv0-xIeIOLW0WeaeLzQO-I6kXRLkSyiSKY28U-jnfF3S1z0rNxTDJKZNKUgSrqvcMSBBOUdHoQcqU2SsBgRZiSFM-_Pem1a4creEeHGb_XrTfwuCtTt-i3mPQ&__tn__=K-R]https://www.facebook.com/281127528889313/videos/413760585865961/

I encourage everyone to go out to my Facebook Video section and watches these presentations to educate yourself. Also, I have compiled some written notes along with the videos that makes sense of some very important points to remember about what we are now hearing from the democrats on this process of voting and Russian collusion.

If I were you, I would raise many RED FLAGS in mind about what these politicians and news media are telling you.

Of course, these charlatans will try just about anything to get into the Whitehouse including lying to get the power they need to move this UN Agenda 21 implementation us.

=68.ARD6Ol0trrQ6D6J3LtFYheMzHzSx9YR5Ua8HNjyzUSY1AK5zea6NtNVToo5ia8KXlcuNy7IsQn05FAY_71cOwosCDSf151RF4jZ1vZ53XKyrCv2iaF5gFrLRBjo66f4v-CWiIjLBRCG9M4E9YK009QLEJ9kGd9975-Jv6CNDDpGF9nm_5MGLqBo6EARWF0F4Bgiefu7GDv1y703NrIJpY2R_KJJXQrOv0-xIeIOLW0WeaeLzQO-I6kXRLkSyiSKY28U-jnfF3S1z0rNxTDJKZNKUgSrqvcMSBBOUdHoQcqU2SsBgRZiSFM-_Pem1a4creEeHGb_XrTfwuCtTt-i3mPQ&__tn__=K-R]https://www.facebook.com/281127528889313/videos/2853637424653951/

They simply can’t do it without the legitimate power. Afterall even Bernie Sanders is calling his program of socialism “democratic socialism”. There is no such thing as “democratic socialism” as many of these Bernie Sanders democrats are preaching as the two forms of government can not exist. Here is why:

A democracy form of government is one in which sovereign power resides in the people and is exercised by them or by officers they elect to represent them. A form of government in which power is held by the people or exercised on their behalf by elected representatives.

Democratic capitalism is a system of political economy constituted by three relatively independent systems: the free economy, the free polity (under limited government and the rule of law), and a free system of moral and cultural institutions.

Socialism is a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. This usually means the government highly regulates all resources and production since the government supposedly represents the people. Right? In socialized countries there is an enormous amount of government control, under which in the wrong hands, means enormous opportunity for corruption and theft of the so-called community property. In a socialized country who really benefits the most? The politicians at the top benefit the most since they control everything under a false sense of community sharing and distribution.

So you can clearly see how anyone who thinks you can have a “democratic socialistic” country with any real success of benefiting the populous is just not accurate. It is a lie. Sure many countries tried it but look at where they are today.

Next we must realize that the US is a democratic republic using the capitalistic form of free enterprise. Under a capitalistic democratic republic strictly speaking, is a country that is both a republic and a democracy and uses the capitalistic model as the means of use of resources and production of goods and services for private profit. It is through the profit that society benefits and each individual has the OPPORTUNITY to move up in social class structure according to the efforts and drive by the individual to succeed. To ensure its success, capitalism must give the ultimate authority and power is derived from the citizens (democracy), and the government itself keeps the process in balance with limited controls run through elected officials.

So, what is Bernie Sanders saying then in his rhetoric? He wants to change our entire form of government from a capitalistic democratic republic to a democratic socialist country? Is this treason since this is not what the constitution of the US calls for. Didn’t Bernie take an oath to defend the constitution as a US senator?

More news….

WILL NURI AL-MALIKI GET THE POST OF FIRST VICE PRESIDENT?

The deputy of the coalition of state law high Nassif, on Monday, the existence of a prior agreement within the Fatah Alliance to nominate the leader of the rule of law Nuri al-Maliki for the post of First Vice President of the Republic, built that the second deputy will be the Sunni component.

Nassif said in a statement to the "news", that "was agreed during the formation of the construction coalition on the nomination of the leader of the rule of law Nuri al-Maliki to the post of First Vice President of the Republic."

"All the other political blocs support Maliki to get the post," adding that "the second deputy will be the component of Sunni, which will be agreed upon in the coming days."

Naseef said that "the law obliges the President of the Republic, according to Article 73 of the Constitution to choose the first deputy or two deputies according to political agreements."

(Mnt Goat – Doesn’t this seem very strange to you that not only the 4 minstrel cabinet positions are not filled yet but also the 3 VP positions. Is there some connection of blackmailing going on again? For instance, is Maliki holding back the final formation of the government unless he gets a position in the government thus his immunity against prosecution for his crimes. Just asking…… THINK, THINK!


*************************************************************

Formal Articles are below. Due to FACEBOOK limitations they do not print my RED colored fonts or italics, so my comments are in brackets ( ) throughout the articles. I will preface my comments with “Mnt Goat” so you know I am jumping in with observations. Also, I separated the articles with asterisks.

*************************************************************

Articles Begin

US SAYS IRAN’S ACTIONS AIM TO UNDERMINE IRAQI SOVEREIGNTY

Baghdad

Confirmed that the United States of America, on Sunday that Iran is talking about cooperation with Iraq , but its actions aim to undermine Iraqi sovereignty.

"The United States respects Iraq's sovereign right to manage its foreign relations, including the interests of its people," the deputy foreign ministry spokeswoman said.

"It is regrettable that Iraq's neighbors do not see things this way," he said, adding that "the Iranian regime is talking about cooperation with Iraq, but its actions aim to undermine Iraqi sovereignty."

The US envoy to Iran, Brian Hawk , warned earlier, Iraq of the Iranian banking system, describing it as "black and non-transparent," while expected to comply with Baghdad's US sanctions against Iran, being "in the interest of Iraq," he said.

*************************************************************

INTEGRATED BANKING SYSTEM THAT FACILITATES THE WORK OF THE INVESTOR

The investment process depends on a number of important issues, foremost of which is the existence of an integrated banking system that facilitates the work of the investor in conducting a large number of financial transactions that are related to the projects entrusted to this investor, especially when he is governed by time.

Hence, the banking sector is considered the mainstay of building a free economy that strengthens the pillars of any country and defends the process of economic and social development if the foundations of building this sector are strong and solid and based on scientific planning and it is efficient and experienced and trust especially if this sector can contribute to the plans Development and investment in the construction and economic growth of countries and societies.

Most economists and bankers agree that the Iraqi banking system is backward even when compared to its neighbors on many sides. Its products are very limited and its technologies are not comparable to those in neighboring countries. The system does not respond to development requirements in Iraq and is plagued by corruption in more than one location. The situation is no different from the general situation in Iraq, despite the passage of more than twelve years of change.

The public sector, private sector and foreign banks form the structure of the banking system in Iraq in addition to the Central Bank of Iraq, the public sector consists of seven banks, the private sector consists of thirty banks and thirteen foreign banks, in addition to eight Islamic banks owned by the private sector. All of which are licensed by the Central Bank of Iraq.

The Iraqi market is characterized by a small number of citizens who have a bank account, which gives banks a large margin to attract thousands of customers who are looking for a comprehensive banking service, and despite the diversity of foreign banks and Arab working in the country, but most do not have large capital and limited work on speculation in the currency auction to achieve Fast profits, which reflected negatively on the reality of the domestic market has been recorded cases of smuggling of capital outside the country in private banks and foreign through dealing in the auction of the Central Bank, which must establish strict economic laws for the work of banks.

The most prominent problems in the Iraqi banking sector is the low banking bloc, which is supposed to be a bank for every 10,000 people, while the existing is much less, where there is a bank for every 32,000 people and this is a little compared to international standards, and the absence of effective banking strategies and detailed annual plans of the majority of banks that

The law of banks article 26, and the inadequacy of banking services with the requirements and directions of the Iraqi economy towards a market economy where the number of services of the Banking Law Article 27 more than 50 banking services or actually provided 20 service, and the policy of discrimination in dealing with government sucks.

Special rack which is to prevent the state departments and companies from depositing their money in those banks, and non-acceptance of certified and regular instruments and letters of guarantee issued by only within certain limits, and does not allow competition with other banks.

*************************************************************

ISSUE OF SINKING THE WORDS OF MOSUL WILL DELAY THE COMPLETION OF THE MINISTERIAL CABIN (delays everything….lol..lol.. )

Mawazin News

MP MP of the coalition of Ali al-Ghawi, on Monday, that the issue of sinking the words of Mosul will delay the completion of the ministerial cabin of Adel Abdul-Mahdi, noting that the issue of the ferry should be the focus of attention.

Al-Ghawi said in an interview with Al-Mawazin News that "the issue of Mosul is a major issue, and the House of Representatives will work on issuing resolutions that are consistent with the nature of the disaster."

He added that "the concern of the House of Representatives and the government this disaster will delay the presentation of the candidates of the rest of the Cabinet cabal, namely defense, interior, education and justice, after it was scheduled to be presented during the few sessions."

The civil defense announced on Thursday, recovered about 100 bodies as a result of the sinking of the island tourist island in the Tigris River in Mosul.

It is noteworthy that the House of Representatives gave confidence to the government of Adel Abdul Mahdi on 24 October last, while remaining 4 ministries without the Minister of Defense, Interior, Education and Justice.

*************************************************************

IRAQ TO ENACT THE LAW OF INDUSTRIAL CITIES IN THE COMING DAYS

The Parliamentary Investment and Economy Committee, on Sunday, that the House of Representatives is determined to enact the law of industrial cities in the coming days.

"The recent economic openness towards Iraq shows the stability of the security of the country," said a member of the Committee Charter Al-Hamdi said that "economic cooperation between neighboring countries and regional countries WILL ACHIEVE THE ESTABLISHMENT OF NEW FACTORIES AND SUPPORT THE PRIVATE SECTOR TO CREATE IRAQI GOODS CAN BE EXCHANGED WITH OTHER COUNTRIES. "

She added that "the House of Representatives is very determined to enact the law of industrial cities in the coming days," noting that "the legislation of the Industrial Cities Act is positive and will achieve economic stability of Iraq."

The parliamentary committee on investment and economy warned earlier that Iraq was a market for the disposal of consumer goods after the recent economic opening of a number of Arab and foreign countries, POINTING OUT THAT THE INVESTMENT LAW NEEDS AMENDMENTS TO BRING INVESTORS TO THE COUNTRY.

*************************************************************

Articles End

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

In ending I want everyone to know your constant prayers in the fight against evil (ISIS) in Iraq have worked. God has guided these young men and women on the battle field. The major war with ISIS has been over since Dec 2017. Let us all know that there is a new battle now to fight. A battle to save our homelands from the corrupt politicians and secret societies who are bent on taking what they want from our current wealth and from future generations without our permission. We must keep praying for the end to the rapid corruption and enslavement of people in Iraq and in the United States. We must pray for our leaders when they are being guided by the Holy Spirit. We must stand by them and let them know we are still there to support them, even after the election is over. I have composed a prayer maybe we can all pray today in our own way and until the reinstatement of the Iraq dinar occurs.

PRAYER

“For the Iraqi Prime Minister and the President of the United States, that all their cabinet members, and deputies may be anointed by the Holy Spirit to do God’s will and bring the free democracies of the Republics of Iraq and of the United States of America to the much-deserved prosperity and abundance.

To do this thru justice and freedom from oppression and corruption. That they may be a shining example for the rest of the middle east and to rest of the world to follow.

In the name of Jesus Christ our King and Savior, Amen”

Auf Wiedersehen

Much love to ya all,

Mnt Goat
Mountain Goatee
Mountain Goatee
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