Tuesday Morning Dinar Chatter - 7-2-13

Tuesday Morning Dinar Chatter

07/02/2013

3 Comments

 

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[WTCUTTER] Precious FBN reported Fed will vote on components of basal III at 11 am this morning

[Precious] Monday, July 1, 2013 Huge .. Fed to vote July 2 on big bank capital rules .. Fed moves forward with Basel III capital rules ..

[Precious] WASHINGTON - The Federal Reserve plans to vote July 2 on whether to adopt a year-old proposal to implement a global agreement on bank capital buffers, known as Basel III a critical step to ensure that large financial institutions are sufficiently cushioned against future financial shocks. Based on the proposal, which implements the international accord agreed to in September 2010, banks will be required to hold the strictest form of common-equity capital at 7% of their risk-based assets, up from 2% currently. U.S. bank regulators may seek to adopt a tougher new leverage limit rule for banks, as a separate proposal. The Fed approved the introduction of the Basel III proposal by a vote of 7 to 0.
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Read More Link on Right

[carguy] sarge Tony was jacked up, the regular call on PTR with Dan and Gary has been pushed back to 11:30 and it says on the banner "notice the delay" referring that the call is typically at 10 am. I can't believe nobody s talking about it here. Tony said it is done in Iraq, that means it can't be long now,

[WTCUTTER] Precious This is big because usa had waiver from basal III to 2019

 [Precious] Wtcutter yes i know

 [tedd123] Precious woohoo1 woohoo1

[Precious] good to hear too

 [sarge] carguy So 11:30 due to the vote... I think it's a moot point.. because I belive it's a done deal already.

[Precious] WASHINGTON - The Federal Reserve plans to vote July 2 on whether to adopt a year-old proposal to implement a global agreement on bank capital buffers, known as Basel III a critical step to ensure that large financial institutions are sufficiently cushioned against future financial shocks. Based on the proposal, which implements the international accord agreed to in September 2010, banks will be required to hold the strictest form of common-equity capital at 7% of their risk-based assets, up from 2% currently. U.S. bank regulators may seek to adopt a tougher new leverage limit rule for banks, as a separate proposal. The Fed approved the introduction of the Basel III proposal by a vote of 7 to 0.

[ram1] carguy Yes I was on the call last night. I was awesome news and the MtnGoat post collaborates what Tony was saying.

[Precious] ram1 I lstened to it too

[sarge] carguy If so then we should see it in a day or two.. sorry B3.

[Precious] ....FED Holds Open Meeting on Banking Regulations The Federal Reserve holds an open meeting of the Board of Governors to discuss a final rulemaking to strengthen and overhaul the regulatory capital framework for banking organizations.   http://www.c-span.org/

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Nesara BlogSpot Dinar Update: John MacHaffie

http://www.nesaranews.blogspot.com/

RV/PP/REPUBLIC RUMORS

CONFIRMED - Dinar DID RV in Iraq on Monday.

Rumor - RV here in USA awaiting confirmation of Basel III credentials for banks. Awaiting closed door meeting of Fed today.

Rumor - Obama and family arrive white house 7/2/13 at 10:25 pm returning from Africa trip.

Rumor - RV - All is done except the release by the republic Treasury. Possibly awaiting the end of the Fed meeting today.

Rumor - Basil III banks now have the new treasury money with the tellers. Confirmations needed.

REPUBLIC Rumor - The Interim president is in place to oversee the 6 months interim until the 'Free' election.

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KTFA:

Soul Seeker » July 2nd, 2013, 10:00 am  •  

Federal Reserve Board of Governors hold open meeting
WATCH IT NOW LIVE

http://live.foxnews.com/#/1155606216001

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vet_1975 » July 2nd, 2013, 10:01 am  •  

the day afther tomorrow is the 4th of july independance day we are all in the hope to celebrate two independance so it is time IMO to celebrate mode

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I4U:

[burk50] I thought the Fed was going bye bye what happened?

ChildOfGod] burk50 The FED will be absorbed by the UST. Remember Jester told us and that the FED will be operating out of London because they will have other duties IMHO

[Readynow] burk50 we have been told by Jester that the Fed will still be around because they have other functions not connected to treasury

[cookiesdad] Bernanke is commenting how "the B3 we are activating" will lead to being able to not only strengthen the US banks, but allow us to make sure the international community is in line ......

cookiesdad] both measures passed 10-0

[1helton] Bernanke also said this will support international commitment and monitoring which will strengthen global financial system!

[Iank1978] Seemed like that meeting was a formality IMO

[1helton] Iank1978 probably so, but now, it's on record and through media

[Readynow] Wonder if this was 1 of the things Jester said needed "processed"?

[1helton] Iank1978 yes- they cannot take it back now!

[cashinqueen1] 1helton sure sounds like an announcement to me.... not very public but most people ignore this until bam republic lol

[misskitty05] 1helton so we can check another item off the "to do" list?

[1helton] misskitty05 sounds like it to me!