Friday, June 27, 2014

Bits and Pieces Friday Early Afternoon

Bits and Pieces Friday Early Afternoon


[Papajack] Good Morning everybody.

[Papajack] From what I'm hearing INDEPENDENCE DAY may take on a new meaning this year.

[Papajack] I hope you all have a plan.

[Papajack] Me I'm expecting an airshow from OKIE!!!!!

[Papajack] Then next week I'm going to go buy some airplanes of my own.

[Papajack] It seems all is good behind the scenes and all is on track, we probably won't be able to go to the bank until next week anyway so have a great weekend. Your life will never be the same after this one if what I'm hearing pans out. You all be BLESSED!!!!!

Woofer:   FYI: Investment Adviser Charged with Stealing Client Funds 


Ambrosia:  There will most likely be many more shark types crawling out of the woodwork after this RV who will be more than happy to "help" you invest your funds. Beware, use caution, and do your homework. Anyone remember Blinder Robinson, PFG Best, MF Global, Refco, Bernie Madoff....there have been others. I was with two of these companies mentioned, unfortunately.

This is a link to the American Greed show about PFG Best:

After giving this a lot of thought, I might consider hiring an auditor who is not affiliated with anyone I choose to do business with (investments/brokers, CPA/accounting/bookkeeping, attorneys, etc.) to audit all my accounts once a year. It would be an additional expense, but in the long run it could save millions. And I won't just take the auditor's word for it either.....I will expect him/her to sit down with me and have them go over everything. I will want to stay in the loop and know where my funds are at all times.


FreeManna :Frank God has blessed you with amazing sources I can't believe all of these article 140 articles coming out today thank you so much!


Frank26:   TY Kindly .........More is coming out soon.

With restrained caution this is my Heart today .............. ..(Snoopy Dancing)

Yesterday I called it .......... Vin.

KTFA,   Frank ....... dication.........


walkongstick :  
The Supreme Federal Court Rules Against Iraqi Minister of Oil's Request to Prevent KRG Oil Exports

FRI, 27 JUN 2014 13:32 |

Erbil, Kurdistan Region, Iraq ( - Immediately after the KRG’s first export shipment on the United Leadership vessel in Ceyhan Terminal, the Iraqi Federal Oil Minister (the “Minister”) submitted a formal request to the Federal Supreme Court in Baghdad, (the “Court”) asking the Court to rule against the KRG Ministry of Natural Resources and prevent it exporting oil out of the Kurdistan Region.

On 23rd June 2014, the Court convened a special meeting to address the Minister’s request and, after examining the reasoning behind his request, the Court decided unanimously to reject the request of the Minister “for being contrary to the applicable legal contexts in Iraq.”

It is worth noting here that the Minister’s claims were based on his own interpretation of constitutional provisions to claim that the oil and gas affairs fall within the exclusive powers of the federal government. In so claiming, the Minister was relying on the centralized laws enacted prior to 2003, thus ignoring the fact that current constitutional provisions do not incorporate any oil and gas matters within Article 110, which defines the exclusive powers of the federal government.

With this Court decision, the Kurdistan Regional Government has another important clarification of its acquired rights as stated in the Constitution. The Court ruling was taken by a unanimous decision of all its members, and it explicitly rejected the request made by the Minister. Such a decision by the highest court in the land is binding on the Minister and cannot be challenged in any way.

This is a clear victory for justice and for upholding KRG’s rights, despite the Iraqi Federal Oil Ministry‘s interferences and unjustifiable interventions. This decision clearly demonstrates that the Federal Oil ministry and its marketing arm (SOMO) will also fail on all their reckless efforts on the international level.

This judicial decision by the Supreme Federal Court must be respected, and now we call upon the Federal Oil Ministry, SOMO and all their helpers to abandon their illegal and unconstitutional interventions to prevent oil exports from the Kurdistan Region. They must also cease sending intimidating and threatening letters or making false claims to prospective traders and buyers of oil exported legally by the Kurdistan Regional Government for the benefit of the people of Kurdistan and Iraq.

Frank26:   WOW .......... What a day of Progress.

For the COURTS to get involved with their OIL ..... Combined with the Council Ready to sit ..... Is very Good indeed.

KTFA,   Frank

 Quote   “Frank26:  BINGO !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!”


Frank26:   No ....... Because BINGO is at least 3 octave levels higher in my voice than Ta Da ....... lol

Great Stuff today ......... The Right Stuff !!!

KTFA,  Frank


BRICS ready to launch new banking system  Posted by Zuvrick Rm on June 27, 2014 at 11:49am
The “World as we Know It” comes to an end, July 14-16, 2014. Part 1/2…
“BRICS emerging nations close to launching bank”

Posted on 2014/06/26by kauilapele

How do you build a new banking system, not connected to the Fed, the IMF, or the World Bank? Build it with BRICS.
This article is from May 30, but “The BRICS Event” is happening in July.
In his last “comment on the Ben Fulford” article, David Wilcock wrote, “the BRICS bank goes fully online, ostensibly as of July 1st”, however it will apparently be “launched” at the BRICS summit, which runs from July 14-16. David also wrote this,

“Once the BRICS bank goes fully online…, the final stages are in place for mass arrests to occur. I do think the Cabal knows this, and this is why we are seeing these frantic last-minute moves to try to change the game… “

From the article below,

“The new bank would symbolize the growing influence of emerging economies in the global financial architecture long dominated by the United States and Europe through the International Monetary Fund and World Bank…

“Leaders of Brazil, Russia, India, China and South Africa are expected to sign a treaty to launch the bank officially when they meet at a BRICS summit in the northern Brazilian city of Fortaleza on July 15.”

All I can add here is, get ready for a fun coaster ride!


BRICS emerging nations close to launching bank
Reuters, Posted at 05/30/2014 1:07 PM | Updated as of 05/30/2014 1:07 PM

BRASILIA – The five BRICS nations will likely agree to fund their $100 billion development effort equally, giving them the same rights in a new multilateral bank that could start lending in two years, a senior Brazilian government official told Reuters on Thursday.

Capitalization of the bank was one of the main sticking points in the sometimes tortuous negotiations among the emerging powers to create a joint lender to finance infrastructure projects in developing nations.

The new bank would symbolize the growing influence of emerging economies in the global financial architecture long dominated by the United States and Europe through the International Monetary Fund and World Bank.

Negotiations to create the lender have dragged on for two years, with some members growing weary of China’s desire to have a bigger stake in the bank by putting in more capital. But this hurdle is being overcome.

“The majority wants an equal sharing of the capital and there is no other specific proposal on the table,” said the official, who is directly involved in the negotiations. “This is not going to be a problem.”

Leaders of Brazil, Russia, India, China and South Africa are expected to sign a treaty to launch the bank officially when they meet at a BRICS summit in the northern Brazilian city of Fortaleza on July 15.

The bank, which will have start-up capital of $50 billion, will have to be ratified by the countries’ legislatures and could begin lending in two years, said the official, who requested anonymity because he was not authorized to speak publicly.

Of that start-up capital, the countries will put in a total of $10 billion in cash and $40 billion in guarantees, which will be used to raise capital on international markets.

The new development bank would help cover growing demand for project financing that has not been fully met by global multilaterals, which for years have been heavily criticized for meddling in the domestic policies of sovereign borrowers.

“The bank will look into the finances of borrowers, but never intervene in their economic affairs,” said the official. “Any country can join the bank with a $100,000 share. The idea is to provide them loans at a lower cost than what they would individually get in markets.”

The BRICS will also decide if the bank will be based in New Delhi, Shanghai, Johannesburg or Moscow. Brazil will not offer headquarters because of upcoming presidential elections that could delay negotiations, the official said.

Later, the group will have to choose an executive “with experience in the financial sector” to lead the bank in a five-year presidency that will rotate among the founding members.
In five years the bank’s capital should double to $100 billion through capitalization from funding members, debt emissions or contributions from new members.
The BRICS will hold a minimum of 55 percent of the bank’s shares.

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