Pentagon Generals Ready to Arrest Obama! -vid
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Date: Friday, 3-Jan-2014 08:11:30
Date: Friday, 3-Jan-2014 08:11:30
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Friday, January 3, 2014
Pentagon Generals Ready to Arrest Obama! -vid
Thursday, January 2, 2014
D.C. COPS STONEWALL RELEASE OF CAPITOL SHOOTING VIDEO
THE MIRIAM CAREY MYSTERY
D.C. COPS STONEWALL RELEASE OF CAPITOL SHOOTING VIDEO
Scant details on shooting of unarmed young mother in car with baby
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WASHINGTON – Police in Washington, D.C., have virtually admitted they have video of law-enforcement officers shooting to death a young, unarmed woman, but they’re deliberately withholding it from the public by refusing to release it.
WND attempted to obtain video of the shooting death of 34-year-old Miriam Carey in the shadow of the nation’s Capitol on Oct. 3, 2013, by filing a Freedom of Information Act, or FOIA, request.
Miriam Carey
The request was denied by the Washington, D.C., Metropolitan Police department, which is handling the investigation into the conduct of the uniformed Secret Service agents and U.S. Capitol Police officers who chased Carey in her car then shot her dead.
By telling WND that releasing the video might adversely effect any criminal proceeding, police have essentially admitted such video might cast a bad light on the conduct of officers and agents.
It also confirmed that authorities are at least considering the possibility of pressing charges against officers and agents involved in the shooting of Carey.
A WND investigation revealed the presence of at least seven security cameras in position to capture video of the shooting at Constitution Avenue NE & 2nd Street. The incident was also likely captured by numerous dash-cams on police cruisers.
WND has now appealed the denial of its FOIA request for the video to the office of Vincent Gray, the mayor of Washington, D.C.
WND has also filed a FOIA request seeking the forensics report on the shooting but has received no reply to multiple inquires on the status of that request.
Miriam Carey shooting press conference. WND photo by Garth Kant.
The mainstream media appear to have lost interest in the story, but serious questions have steadily emerged about the shooting of the dental hygienist from Stamford, Conn., ever since police chased her black Nissan Infiniti from the White House to the Capitol, then shot her dead, apparently with her infant child in the back seat.
- Contrary to media reports, the initial police report shows Carey did not ram a barrier at the White House.
- Carey only tried to make a U-turn at the White House.
- It appears she may have arrived at the White House checkpoint by mistake.
- She apparently broke no laws until fleeing after confronted by heavily armed guards.
- Authorities did not use non-lethal means to try to stop her car, such as setting tire spikes or shooting out her tires.
- Shooting at moving vehicles is against the policy of the Washington, D.C., Metro police and against the policies of many big-city police departments.
- Officers appeared to get ample opportunity to see there was a child in the car before opening fire.
- Authorities apparently did not employ non-lethal means to subdue Carey, such as using pepper spray or a Taser, before shooting her to death.
- Legal and civil rights experts from across the political spectrum have told WND the shooting does not appear justified.
- Renowned journalist Nat Hentoff told WND it appeared officers “murdered” Carey.
In appealing to Mayor Gray to release the video of Carey’s shooting, WND noted that it would serve the public interest by allowing citizens to objectively decide for themselves what happened on that day.
WND also noted that nearly three months have passed since the shooting, with no word on the status of the investigation. Meanwhile, police departments in other major cities such as Philadelphia and Las Vegas have released videos of officer-involved shootings before their investigations were complete.
Video of the first shooting incident involving Carey (at the Garfield Monument traffic circle) is already public. Withholding existing video on the second, fatal, shooting involving Carey (at the guard house at Constitution Avenue NE & 2nd Street NE) incident doesn’t appear to make sense.
The Secret Service, Capitol Police and Washington Metro Police have withheld virtually all details of the shooting from the family of Carey and the public. Those details include forensics reports that would show how many times Carey was shot, her cause of death, the position of the body at the time of death, video and photos, multiple eyewitness accounts and an explanation as to why police believed deadly force was necessary to subdue her while she had her infant daughter with her.
No one has been charged in the case, which has been handed over to a branch of Attorney General Eric Holder’s Justice Department for investigation. The Metro police told WND it is standard procedure for the U.S. Attorney’s office in Washington to review officer-involved shootings. The attorney for the victim’s family has asked Holder to investigate the incident for possible civil rights violations, but has yet to receive a response.
WND confirmed the existence of video of the shooting by approaching the guard shack where Carey was shot, about two blocks from the Capitol dome, and asking a U.S. Capitol police officer on duty a few simple questions:
If a major crime such as a rape or murder were to happen within blocks of the Capitol, would there be video of it?
“Oh yeah,” he answered, nodding his head vigorously.
What about the shooting of Miriam Carey, is there video of that?
“Yes,” he said without hesitation, while adding he had not seen it personally.
Apparently no one has seen it, other than perhaps a few select members of law enforcement.
It may be understandable why police would be reluctant to release that video, as it might confirm what legal experts and civil libertarians from both left and right sides of the political spectrum have told WND, that they believe Carey was, in effect, murdered by police.
The family of Carey has apparently lost patience with the glacial pace of the official investigation into the death of the unarmed mother, as their attorney made two major announcements, earlier this week.
Attorney Eric Sanders is calling on Congress to investigate the shooting death. He told WND no members of Congress have contacted the family.
In fact, lawmakers, who were told that police fired because of concerns of terrorism, congratulated officers for shooting the young, unarmed mother with a 30-second standing ovation, shortly after her death.
Sanders is also calling for the firing of the officers who shot at Carey, as well as their supervisors.
An unknown number of Secret Service officers and two U.S. Capitol Police officers involved in the shooting of Carey have been shifted to desk work while the incident is under investigation.
Sanders said, after months of silence by government officials as well as an exhaustive review of all publicly available data, the Carey family has concluded the shooting was “not justified.”
“While, we understand police shootings must be carefully investigated because of their social and political ramifications, by now, there should have been a preliminary analysis released in the public venue,” explained the attorney.
Sanders, who is a former New York City Police officer, said many “troubling” questions remain, but the main question is whether federal law enforcement officers were justified in firing at Carey.
The U.S. Capitol Police and the uniformed division of the Secret Service have not made public their “Use of Force” policies.
Sanders believes that is “absolutely necessary” now, particularly regarding the policies on firing upon moving vehicles, because, “because Miriam’s death unfolded right before the international community via live television.”
As WND reported, officers fired at Carey on at least two occasions during a car chase that began at the White House, after she tried to make a U-turn at a checkpoint.
At least seven shots fired in a crowded public space can be heard on a video recording after officers failed to stop Carey’s black Nissan Infiniti at a traffic circle just south of the Capitol.
A few minutes later, officers shot Carey to death, a block northeast of the Capitol. It is not known how many shots officers fired at Carey while killing her because police have not released the forensics report.
Did police murder Carey?
First Amendment expert Nat Hentoff told WND the evidence that officers killed recklessly was so strong, “[T]his is a classic case of police out of control and, therefore, guilty of plain murder.”
Constitutional law expert John Whitehead, president and founder of the nonprofit civil-liberties organization the Rutherford Institute, agreed, telling WND that from what he’d seen, it looked like murder.
Press waiting for a police statement. WND photo by Garth Kant.
Political activist and former Graham County, Ariz., Sheriff Richard Mack called it “sloppy” police work and saw “no justification whatsoever” for the use of deadly force against Carey.
Dan Bongino, former Secret Service agent and author of the New York Times bestseller “Life Inside the Bubble: Why a Top-Ranked Secret Service Agent Walked Away From It All,” was reluctant to second-guess the actions of law enforcement officers in a fast-moving and confusing situation and loath to evaluate their decisions in hindsight.
But even he felt the situation, involving Secret Service agents at the White House, could have been handled better and doubted that those involved, or their superiors, would dispute that.
Saying the incident was absolutely not handled effectively, Bongino predicted it would lead to changes, including retraining and security modifications.
Serious questions from the start
WND reported from the scene of the shooting that there were immediately serious questions as to how Carey ended up dead.
Carey was initially portrayed in the media as a national security threat, but when that proved not to be true, she was characterized as mentally unstable.
WND interviewed the victim’s sister, Valerie Carey. She and her attorney, Sanders, are both former New York City police officers.
Valerie took exception to the media’s description of her sister.
Valerie Carey
“The media tried to depict my sister as some kind of mentally ill person,” she said. “For some reason, that makes people think it was sort of OK that she was shot. She was not mentally ill. She had postpartum depression. If that’s a reason to kill a person, that’s a very sad lesson.”
Sanders declared, “I don’t care if she suffered from 15 mental conditions! And, by the way, police are trained to deal with those types of situations, too. So you can disregard that. We don’t know. The only thing we know is that the police pulled the trigger.”
The question, he said, is, “Why?”
All four of the experts who spoke with WND agreed the incident was mishandled by law enforcement from the beginning, but it was also mishandled by the media.
Mainstream media outlets such as the New York Times, NBC and ABC News all reported that Carey tried to ram a White House gate or checkpoint.
However, the police report did not mention a White House gate, a barrier or any attempt to ram anything.
The report described the location as “a vehicle checkpoint to the White House” and said the driver “refused to stop at the vehicle checkpoint and made a U-turn and began to flee.”
The report did say a Secret Service officer “attempted to block the vehicle with a bicycle rack, however, the vehicle pushed over the bicycle rack, knocking the officer to the ground.”
Bongino believes the problem actually originated almost 200 years ago because the South entrance to the White House, although secure, was designed in the early 1800s.
He thinks there will be “a serious remodel” of some of the security on the South side of the White House, following this incident. The former protector of the president didn’t want to divulge too much about security measures there, but said there did appear to be an access-control issue.
“She turned into a little pocket there, and anybody can turn in there,” he said. “She got caught up and sped off. You wouldn’t be able to do that at another secure government building. They use vehicle traps.”
Bongino had tremendous empathy for his former colleagues in the uniformed branch of the Secret Service and declined to second-guess their split-second decisions in a confusing situation.
Noting the unique nature of the White House, he pointed out how agents working up to 20-hour days are surrounded by threats.
The White House is a big target, he explained. The president is an even bigger target.
“When the president’s in the White House, it’s even worse,” he said. “You’re constantly on edge.”
Still, Bongino conceded that the authorities may have overreacted.
“The libertarian in me thinks this was a very dangerous incident for civil liberties,” he said. “The fact you could have, perhaps, a condition and an extremely bad day and wind up dead, of course, should bother all of us.”
Alternatives to death
A WND review of the known facts revealed police may have posed a greater threat to public safety than Carey did.
It appears she never violated any law until police began pursuing her car. Officers, on the other hand, fired numerous shots at her in a crowded public space near the White House, as the video above shows.
“What happened to this woman is an extraordinary example of how police have no limits when they get into this sort of situation,” maintained Hentoff.
Mack and Whitehead both strongly believe the police should have handled the car chase much differently, and that they ignored a number of non-lethal alternatives.
Bongino felt it wasn’t a black-and-white situation because, “When you watch that video … you see that car being whipped around … [I]t should be obvious to anyone watching that a car is a weapon like anything else. As a matter of fact, sometimes it’s even more dangerous a weapon than a firearm, especially when you don’t know who is behind the wheel.”
WND asked Whitehead, might the actions of the police have been warranted because of so-called high-value targets at the Capitol and the White House?
He said no, adding that he believes police overreacted by shooting at Carey when they could have employed an alternative. He wondered, why didn’t they just shoot her tires out?
“Or why not use non-lethal weapons?” he asked, “They’re stacked with them. Stop the car. She’s a female with a kid in the car. If it turns out she’s crazy, you can take her down with a Taser. Or pepper spray. Do it properly.”
Mack said police missed an opportunity when they first had her car surrounded, which was precisely when they should have blocked her in with their vehicles.
Indeed, the video shot at the Garfield Monument shows police had that opportunity. Instead, two, perhaps even three, cruisers parked behind Carey’s car, rather than boxing her in on the passenger side.
Because officers did not surround Carey then and there, they left her a clear path to leave the scene. The audio on the video recorded police firing at least seven shots as she departed.
The former sheriff said firing those shots under those circumstances is against policy in most police agencies, but, “Regardless, Carey’s action did not even come close to allowing police shooting at her.”
The fact there was a child in the car further complicated the decision to shoot. The police report does not say whether officers saw the child in the car.
But the video shows five of the six officers who surrounded her vehicle on foot appeared to get an extremely close and clear look inside. It would seem difficult to believe that at least one of them did not see the toddler in the car seat.
Mack said they had to have seen that a child was in the car, making the need for restraint by the police even more necessary. Furthermore, he said the use of deadly force under those circumstances should have been absolutely forbidden.
“The police showed utter indifference for the safety of the baby and fired their guns without provocation,” he concluded. “The decedent (Carey) did violate some traffic laws, but such does not give police justification for using lethal force.”
Valerie Carey told WND, “As an officer, you have to ask yourself, ‘What is going on here?’ No one is firing a weapon at you, so why are you firing?”
Why did it happen?
So, why is Miriam Carey dead?
Many wonder why police did not simply use pepper spray or a Taser, or why they did anything at all when they caught up with Carey.
Valerie Carey said, “Deadly force was not necessary,” adding, “They could have rammed the car or disabled the car. But in this incident, they used very, very poor judgment. And this is something those officers will have to live with.”
Sanders wondered, “How do you shoot at a person who is unarmed, sitting in a car?”
He said the threat of a bomb in the car was even more reason to exercise caution, “because if there is a bomb in the car and you are shooting in the car, you are endangering everybody!”
The day after Sanders held a press conference announcing he was calling for the Justice Department to look into the death of Miriam Carey, the attorney was arrested.
The New York Post reported Sanders was arrested after a judge had decided the attorney had missed too many payments owed to a former employee.
When WND asked Sanders if he felt his arrest was an attempt to either silence or intimidate him, the attorney laughed aloud.
“Of course I think it was! I can’t prove it,” he said. “I loved the timing of it – the day after our press conference. Exactly one day after I said don’t trust the government.”
Sanders added, “I am clean. That’s the way I was as a cop. That’s the way I am as an attorney. I was a police officer in New York. I’ve never been arrested in my life. The questions is, why was I picked up?”
Shoot first, ask later
Hentoff and Whitehead both firmly believe the case is an example of a growing “shoot first, ask questions later” mentality spreading across the nation among law enforcement agencies. They argue it is directly related to a change in training and a militarization of police departments across the country.
Whitehead said the danger the officers created to public safety reminded him of a Sept. 14 incident when New York police officers fired three shots on a crowded Manhattan street near Times Square, missing the man they mistakenly believed had a weapon but hitting two bystanders.
(And that followed another one in August 2012, when New York police fired 16 shots and hit nine bystanders, outside one of the world’s most popular tourist attractions, the Empire State Building, as a large crowd watched.)
Whitehead told WND the “shoot first, ask later” problem begins at police academies. He said a chief of police who teaches at academies informed him that rookies are learning a militarized version of law enforcement.
“They shoot when told to,” said the attorney. “They’re not acting like peace officers anymore. They’re not questioning authority at all. They operate like an army. There’s a mentality now that they’re the bosses because they have the guns.”
He said a range of psychological factors condition officers to act more like soldiers, from the militarized, black uniforms to the ubiquitous use of SWAT teams.
“All the federal agencies have SWAT teams now,” said Whitehead. “As I show in my book, the Department of Education has SWAT teams. There have been SWAT team raids on people for overdue loans.”
He said his book also documents all the “crazy examples of the strip searches and rectal exams on the streets.”
Whitehead said he works with many police officers who tell him it has become a problem but they don’t know what to do. One even told him he dropped out of the police academy because of what he called “the thug complex” they’re teaching police.
“They’re so ‘code blue’ … ‘We’re a gang, we move together, and if something happens we don’t rat on each other.’”
He believed the militarization of the police began in the 1980s, when the Department of Defense “began handing out all this equipment” such as MRAPs, or Mine Resistant Ambush Protected vehicles.
When WND asked if the equipment was introduced to fight rising crime, Whitehead instead saw a profit motive by the corporations that make the tank-like vehicles and have made a lot of money by lobbying the government.
Whitehead said there’s a sinister alliance between federal and local authorities that results in suppressed dissent and basic First Amendment rights.
“There’s a mentality now that’s led to Homeland Security raiding veterans’ homes for anti-Obama rants, those kinds of crazy things,” he said. “They’re working with the local police. They work in teams now.”
Whitehead said the militarization of local police slowed under former President George W. Bush but picked up speed under Obama.
“It’s a standing army now,” he said. “I am surprised sometimes, how local police approach citizens. Very authoritative, for minor offenses.”
Police state?
Whitehead indicated he believes Homeland Security is actually turning into a national police force.
“We don’t even have local police in the true sense anymore,” he said. “They’re extensions of the federal government.”
The legal scholar said that’s because most Americans don’t understand the Fourth Amendment of the Constitution prevents police from such outrageous practices as strip searches without probable cause.
“The average American, if you mention the Fourth Amendment, a huge question mark forms in their brain,” Whitehead said. “Then they go watch TV.”
Hentoff told WND “there is no question” about the growing militarization of the police.
The veteran journalist feels New York Police Commissioner Ray Kelly has taken his department’s “stop and frisk” policy beyond constitutional limits by stopping people on the street without sufficient cause, a position echoed by the city’s liberal establishment.
Hentoff finds the Carey case a particularly ominous harbinger, indicating the country is in “severe danger” of becoming a police state. The nation is not there yet, he said, because the First Amendment is still working, and independent media such as WND are still free to sound the alarm.
But, the civil libertarian believes the Carey case dramatizes some serious underlying tendencies toward becoming a police state, judging by reports he has heard from around the country.
According to Hentoff, what happened to Carey is “an extraordinary example of how police have no limits when they get into this sort of situation,” and how they are out of control in many areas around the country.
He said the only thing that can put a limit on police power would be accountability.
Because the evidence is so strong that the police recklessly killed Miriam Carey, Hentoff said, the officers involved and their superiors must be held to account for her death, for the sake of the country.
Troops arrive near where Carey was killed. WND photo by Garth Kant.
Valerie Carey told WND, “Everyone should realize we can’t allow our civil liberties to be stripped in front of us. If my sister was traveling and came across a roadblock – we’re not even sure it was a checkpoint, there was some training going on in the area – she should not have to be in fear of those sworn to protect us. And neither should we.”
Valerie noted how the news cycle died down once it became clear she was not a terrorist threat.
“The media should have reported an innocent and unarmed woman was killed by police,” she said. “That’s unacceptable. They cannot justify their actions. It was wrong, and America needs to know that.”
Hentoff worried that if stories like this are allowed to die, the danger of becoming a true police state will only increase. That is why he believes it is such an important story.
“Because, if we are ever going to become a police state, eventually the First Amendment will die along with this poor woman,” he said.
The highly acclaimed journalist commended WND for pursuing the story.
Hentoff said when he broke into journalism, one of the first things his colleagues taught him was, “Remember kid, stay on a story that’s important.”
And he called this story important, because, if police can get away with murder, “What kind of country are we?”
Another national gravely concerned about the Carey shooting is Blackwater security-firm founder and former Navy SEAL Erik Prince.
While defending the record of his private security company in Iraq, Prince described to an interviewer on MSNBC how dangerous things happen not just in war zones, but even in the nation’s capital.
Prince recounted how Carey ended up dead at the hands of Secret Service agents and U.S. Capitol Police officers.
He pointed out, even though Carey had no weapons and no explosives but did have her infant daughter in her car, “federal police officers opened fire and killed an unarmed, innocent woman.”
Other attempts to obtain video
Near where Miriam Carey was shot.WND photo by Garth Kant.
Filing a FOIA with police wasn’t the only way WND tried to obtain video of the Carey shooting.
Authorities initially feared the incident was an act of terrorism, so it would seem logical that the National Security Agency might have monitored the chase and the shooting with its satellites.
But an NSA spokesman said it does not have video of the incident: “We are a foreign-intelligence agency.” The NSA advised WND to check with the FBI or DHS.
An FBI spokeswoman claimed there is no satellite video of the incident, stating, “That did not happen in this case.”
Also, the bureau would not confirm or deny the existence of dash-cam or security-cam videos of the shooting.
And a spokesman for the Department of Homeland Security declined to comment.
See these other WND stories on the Miriam Carey Mystery:
Covering chaos: The Capitol Hill Shooting
Why did Capitol cops cut down ‘innocent’ woman?
Legal Experts: D.C. cops murdered woman
Famous Security Expert: Was this Murder?
Missing! Video of mother killed by police
Why did Capitol cops cut down ‘innocent’ woman?
Legal Experts: D.C. cops murdered woman
Famous Security Expert: Was this Murder?
Missing! Video of mother killed by police
Follow Garth Kant on Twitter @DCgarth
Read more at http://www.wnd.com/2014/01/d-c-cops-stonewall-release-of-capitol-shooting-video/#FMI3cW6ipLlf8r28.99
Michael Moore: 'ObamaCare is awful'
DOCUMENTARY
Michael Moore: 'ObamaCare is awful'
FoxNews.com
Documentary filmmaker Michael Moore at the Academy of Motion Picture Arts and Sciences in Beverly Hills, California, Feb. 20, 2013.(REUTERS)
Michael Moore is not happy with ObamaCare.
The liberal documentary filmmaker marked the Jan. 1 launch of coverage under the Affordable Care Act with a scathing op-ed that declared: "ObamaCare is awful."
This, he wrote in The New York Times, is the "dirty little secret many liberals have avoided saying out loud for fear of aiding the president's enemies."
Moore's problems with the law, though, naturally are different than the complaints from Republican critics.
Moore continues to back a single-payer, government-run system and argues that the current one is too favorable to the insurance industry.
"I believe Obamacare's rocky start -- clueless planning, a lousy website, insurance companies raising rates, and the president's telling people they could keep their coverage when, in fact, not all could -- is a result of one fatal flaw: The Affordable Care Act is a pro-insurance-industry plan implemented by a president who knew in his heart that a single-payer, Medicare-for-all model was the true way to go," he wrote.
Yet in the same op-ed, Moore also called ObamaCare a "godsend," because of its protections preventing insurance companies from denying or dropping sick patients.
He urged the public to pressure "blue states" to add a so-called "public option" -- a plan run by the government -- and "red states" to expand Medicaid.
"Financial Policy Of Iraq At Critical Juncture"
Partial Post From Intel4U By bailey2 - Remainder Emailed To Recaps
Tlar: This article {at the end of post} looks like a throw back to articles engineered by Maliki just before he removed Shabibi last year.
The author or authors seem to have a scare tactic agenda. It is accusatory of both the CBI's monetary policy and of American and other International companies operating in Iraq.
The auctions have been a necessary part of monetary policy for Iraq as proven by the fact that they have continued on through Turki after Shabibi was removed for selling USD.
Turki found out almost immediately that the auctions were his only tool available to control inflation and to support the dinar and he had to come to the conclusion that these kinds of arguments were either inspired by politics or people who had no understanding of economics or monetary function.
The auctions have been very necessary all the way along and especially of late in order to clean up the currency markets in the ME.
...
Read More Link On Right
Tlar: This article {at the end of post} looks like a throw back to articles engineered by Maliki just before he removed Shabibi last year.
The author or authors seem to have a scare tactic agenda. It is accusatory of both the CBI's monetary policy and of American and other International companies operating in Iraq.
The auctions have been a necessary part of monetary policy for Iraq as proven by the fact that they have continued on through Turki after Shabibi was removed for selling USD.
Turki found out almost immediately that the auctions were his only tool available to control inflation and to support the dinar and he had to come to the conclusion that these kinds of arguments were either inspired by politics or people who had no understanding of economics or monetary function.
The auctions have been very necessary all the way along and especially of late in order to clean up the currency markets in the ME.
...
Read More Link On Right
In the early days the CBI sold trillions of dinar to anyone who would buy it in order to raise hard currency. In the last two years the CBI has mainly just been buying those same dinars back as part of their desire to strengthen the value of the dinar.
At the same time they have been buying the dinar we have seen their cash reserves go up approximately 50% having gone from 60 billion in 2012 to just shy of 90 billion a month ago.
This policy of selling dollars has reduced the number of dinars in the market to where everyone agrees the dinar is now under valued.
I think the auctions have been lately a dress rehearsal for the coming raise in value. The auctions will eventually have to be discontinued because they will have run their course and usefulness.
That is the target both by the CBI and the IMF, but Iraq cannot replace the auctions until they have other tools in place to support their currency and control inflation.
The tariffs, the coming bond sales, liberalizing the exchange rate, these tools and more will be needed to allow the CBI to control both inflation and to support the currency. They are on the verge of getting all these new tools. Until then the auctions are it.
Tlar: 'm not so sure that it is international companies are in bed with and paying off Maliki to maintain cheap labor Enorrste. First off I think they are under contract on a per barrel basis.
Somewhere I remember them negotiating a $2 dollar to $2.50 per barrel contracts or there about. The oil industry in Iraq is nationalised and internationals don't own the well head but rather cooperate under an operator agreement for a set period of years.
They are required to hire a certain percentage of Iraqi's as part of the contract. We know that China early on, was black balled from bidding because on their very first contract they brought their own labor force from China in violation of the contract.
China threatened to dump dinar and walk away so Iraq relented and reinstated them to bidder status where they have been ever since. Also if I remember correctly, every bidder who wins a contract has to pay large sums of money up front.
This money is a grey area as to where it goes IMO and I believe that Sharistani and Maliki use most if not all of it as their personal slush fund. The oil Ministry foots most of the costs for the well and continued operating expenses with the winning company using its expertise to drill and produce.
We know this because we have been told early on it was some kind of a cost sharing basis, and we have seen the lack of payments for expenses was a sticking point for Kurdistan when Bagdad just quit paying them to companies working in Kurdistan.
The point is this.
The internationals pay a "bribe" up front and only receive $2.00 for each barrel coming out of the ground to cover what ever their share of the costs are. That leaves little profit to share with any one but it is enough to give the companies reason to work in Iraq.
I think, and I may be wrong, but what this article is saying is that the internationals won't accept the dinar in payment but rather they want hard currency at the expense of the Iraqi economy.
They get paid in USD and take the majority of it out of the country and that is hurting the economy of Iraq. The first paragraph is very telling and it is a direct indictment of the CBI monetary policy for not having made the dinar international.
"Warned parliamentary sources familiar with the collapse of the Iraqi monetary policy in light of the continued dollar selling in the auction of the Central Bank, and revealed a blueprint for the continuation of the process of money laundering agreement with American officials through non-recognition of the Iraqi dinar in international transactions."
and here again, ""the failure to adopt the Iraqi dinar in business dealings and international economic serves as the execution of the Iraqi economy, arbitrary and intentional,"
pointing out that "this phenomenon, according to foreign experts within the biggest corruption in the history, the agreement between senior American and international companies leading the laundering operations and money laundering. "
All he is saying is that with the bank is dumping dollars for dinar at the auctions and that the internationals taking hard currency out of the country as we pay them and the Iraqi economy is suffering because of this.
Again he is blaming the bank for this perceived entire mess of the economy because of their not making the dinar international. You know what, this guy is right IMO.
Make the dinar international at a buck and watch these problems disapear. It is amazing.
I morphed from thinking this article was an uncalled for indictment of the bank to being on this guys side in one post. Lol
ARTICLE & LINK:
Auction Central Bank monetary policy threatens to collapse
Baghdad / Orr News
Warned parliamentary sources familiar with the collapse of the Iraqi monetary policy in light of the continued dollar selling in the auction of the Central Bank, and revealed a blueprint for the continuation of the process of money laundering agreement with American officials through non-recognition of the Iraqi dinar in international transactions.
The sources said that "the financial policy of Iraq at a critical juncture in the light of the growing phenomenon of selling the dollar at the central bank auction to sell the currency,"
indicating that "the government is not aware of this risk and is oblivious also on the level of collapse concealer suffered monetary policy in light of the marginalization of the presence of the Iraqi dinar,
which What still is not recognized in international business dealings despite the passage of 11 years since the change of the former regime and the lifting of international sanctions on Iraq. "
The sources pointed out that "the failure to adopt the Iraqi dinar in business dealings and international economic serves as the execution of the Iraqi economy, arbitrary and intentional,"
pointing out that "this phenomenon, according to foreign experts within the biggest corruption in the history, the agreement between senior American and international companies leading the laundering operations and money laundering. "
Previously, specialists in economic affairs that strongly criticized the policy of the central bank in control of the Iraqi dinar exchange rate and demanded reconsideration of the auction sale of the dollar,
but the latter insisted on continuing to sell foreign currency and Usaha to include all government and private banks.
The bank said in a statement issued in the month of April, "The process of cash sales for the dollar continues through the central bank auction conducted by the sale of foreign currency," adding that "sales operations include all government and private banks, according to quotas and timings of time so special" . LINK
At the same time they have been buying the dinar we have seen their cash reserves go up approximately 50% having gone from 60 billion in 2012 to just shy of 90 billion a month ago.
This policy of selling dollars has reduced the number of dinars in the market to where everyone agrees the dinar is now under valued.
I think the auctions have been lately a dress rehearsal for the coming raise in value. The auctions will eventually have to be discontinued because they will have run their course and usefulness.
That is the target both by the CBI and the IMF, but Iraq cannot replace the auctions until they have other tools in place to support their currency and control inflation.
The tariffs, the coming bond sales, liberalizing the exchange rate, these tools and more will be needed to allow the CBI to control both inflation and to support the currency. They are on the verge of getting all these new tools. Until then the auctions are it.
Tlar: 'm not so sure that it is international companies are in bed with and paying off Maliki to maintain cheap labor Enorrste. First off I think they are under contract on a per barrel basis.
Somewhere I remember them negotiating a $2 dollar to $2.50 per barrel contracts or there about. The oil industry in Iraq is nationalised and internationals don't own the well head but rather cooperate under an operator agreement for a set period of years.
They are required to hire a certain percentage of Iraqi's as part of the contract. We know that China early on, was black balled from bidding because on their very first contract they brought their own labor force from China in violation of the contract.
China threatened to dump dinar and walk away so Iraq relented and reinstated them to bidder status where they have been ever since. Also if I remember correctly, every bidder who wins a contract has to pay large sums of money up front.
This money is a grey area as to where it goes IMO and I believe that Sharistani and Maliki use most if not all of it as their personal slush fund. The oil Ministry foots most of the costs for the well and continued operating expenses with the winning company using its expertise to drill and produce.
We know this because we have been told early on it was some kind of a cost sharing basis, and we have seen the lack of payments for expenses was a sticking point for Kurdistan when Bagdad just quit paying them to companies working in Kurdistan.
The point is this.
The internationals pay a "bribe" up front and only receive $2.00 for each barrel coming out of the ground to cover what ever their share of the costs are. That leaves little profit to share with any one but it is enough to give the companies reason to work in Iraq.
I think, and I may be wrong, but what this article is saying is that the internationals won't accept the dinar in payment but rather they want hard currency at the expense of the Iraqi economy.
They get paid in USD and take the majority of it out of the country and that is hurting the economy of Iraq. The first paragraph is very telling and it is a direct indictment of the CBI monetary policy for not having made the dinar international.
"Warned parliamentary sources familiar with the collapse of the Iraqi monetary policy in light of the continued dollar selling in the auction of the Central Bank, and revealed a blueprint for the continuation of the process of money laundering agreement with American officials through non-recognition of the Iraqi dinar in international transactions."
and here again, ""the failure to adopt the Iraqi dinar in business dealings and international economic serves as the execution of the Iraqi economy, arbitrary and intentional,"
pointing out that "this phenomenon, according to foreign experts within the biggest corruption in the history, the agreement between senior American and international companies leading the laundering operations and money laundering. "
All he is saying is that with the bank is dumping dollars for dinar at the auctions and that the internationals taking hard currency out of the country as we pay them and the Iraqi economy is suffering because of this.
Again he is blaming the bank for this perceived entire mess of the economy because of their not making the dinar international. You know what, this guy is right IMO.
Make the dinar international at a buck and watch these problems disapear. It is amazing.
I morphed from thinking this article was an uncalled for indictment of the bank to being on this guys side in one post. Lol
ARTICLE & LINK:
Auction Central Bank monetary policy threatens to collapse
Baghdad / Orr News
Warned parliamentary sources familiar with the collapse of the Iraqi monetary policy in light of the continued dollar selling in the auction of the Central Bank, and revealed a blueprint for the continuation of the process of money laundering agreement with American officials through non-recognition of the Iraqi dinar in international transactions.
The sources said that "the financial policy of Iraq at a critical juncture in the light of the growing phenomenon of selling the dollar at the central bank auction to sell the currency,"
indicating that "the government is not aware of this risk and is oblivious also on the level of collapse concealer suffered monetary policy in light of the marginalization of the presence of the Iraqi dinar,
which What still is not recognized in international business dealings despite the passage of 11 years since the change of the former regime and the lifting of international sanctions on Iraq. "
The sources pointed out that "the failure to adopt the Iraqi dinar in business dealings and international economic serves as the execution of the Iraqi economy, arbitrary and intentional,"
pointing out that "this phenomenon, according to foreign experts within the biggest corruption in the history, the agreement between senior American and international companies leading the laundering operations and money laundering. "
Previously, specialists in economic affairs that strongly criticized the policy of the central bank in control of the Iraqi dinar exchange rate and demanded reconsideration of the auction sale of the dollar,
but the latter insisted on continuing to sell foreign currency and Usaha to include all government and private banks.
The bank said in a statement issued in the month of April, "The process of cash sales for the dollar continues through the central bank auction conducted by the sale of foreign currency," adding that "sales operations include all government and private banks, according to quotas and timings of time so special" . LINK
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