Wednesday, 31 July 2013 15:34
Neil Keenan, Bank Issues & Gmail Stuff! July 31/13
[8:24:31 AM] chris (cjswest): carrol beams latest Carrol A Doyle
Rumor - The one banking authority blocking the public release since last week will be removed and arrested if it doesn't happen today.
Rumor - JL has flown to Hong Kong to verify all signatures are completed per the global reset.
NEIL KEENAN UPDATE: NEIL KEENAN MEETS WITH LEADERS OF ASIAN CLANS IN HONG KONG
• Powerful Asian clans call Keenan to series of meetings to discuss Global Accounts
• Countering HAARP: A “machine” is now in place to selectively eliminate a list of 500 cabal members responsible for mass-death weather and earthquake technology.
• “Angels”(E.T.’s? – 4th Dimensional Allies?) are now in place assisting the Shift, according to senior clan leaders
• “Empress” not in picture
• Keenan obtains lawyers for Nelu – appeal to be filed
• Keenan gives personal testimony regarding Hong Kong meetings in accompanying videos
by Michael Henry Dunn
Dramatic developments in the evolving story of the Global Collateral Accounts are unfolding this week in the wake of Neil F. Keenan’s three-day series of meetings with senior leaders of the ancient ruling clans of China – the rightful owners of hundreds of trillions in notes and assets which have hitherto been frozen or stolen by the Western banking cabal. In recognition of Keenan’s long fight to free the Accounts from the grip of the cabal, high-level leaders of the clans invited Keenan to Hong Kong last week to discuss the status of the Accounts, and to plan immediate forward
movement in the shift of control over the notes and assets back to the rightful owners. Keenan was informed by clan leaders that, given China’s ownership of 88% of the United States (thanks to vast U.S. borrowing over the last
several decades), the clans are interested in how a shift at the World Bank could give the clans access to and control over their assets for the first time in a hundred years, with the hope of immediate implementation of humanitarian
programs utilizing the vast funds in the Global Accounts.
The president of the World Bank has been traditionally chosen by the president of the United States. Barack Obama’s choice of Dartmouth University chancellor Jim Yong Kim, a global health expert, was seen as a break from the practice of choosing a cabal-insider banking figure.
However, any World Bank president, by definition, operates under the thumb of the corrupt Western financial elite, which has previously hijacked the global financial system twice within the past sixty years. On his return from Hong Kong, Mr. Keenan stated, “The clans themselves have not only not received one dollar, they have not even been able to get into their own accounts. Therefore, a Westerner’s choice would not really carry any weight since the families/clans already been scammed on numerous occasions by the West. The clans prefer to access their own funds, and they also would like to work directly with the people through monitored, transparent foundations throughout the world where the funds would be directly controlled by the people and not by the governments.”
A lot of good information came in recently so this is long but it is all important for our education. For the new people: Some of the people in this group have difficulty with their vision so the font size I use is large. For those with normal vision, the large type can make it easier to read through an update quickly. For those who want to print it out, just "select all," copy and paste it to a word processing program, reduce the print size, and print it out.
I have mentioned in the past that the wealthy banking families have used strategies to manipulate themselves into a position of wealth and power so that the planet serves their agenda. One of those strategies is to create a war within, or between, countries. Then they profit from working with both sides of the battle. After the war is “over” they also come in as “saviors” to reconstruct the countries. Because of the devastation, the countries are weak and bankrupt and, because the wealthy banking families are in a position of power and wealth, they can take advantage of that weakness to further their agenda.
This 5 minute video shows how they hijacked the United States Republic in 1871 when the US was devastated from ravages of the Civil War (a war actually created by these banking families, but that’s another story). I present this to you now so you will understand what has happened and why the US has deteriorated to such an anemic state.
However, as always, I wouldn’t bring bad news unless I knew there was something positive that could be done. Work is being done behind the scenes to restore our Republic and reinstate our currency. This same event will be global, so all countries which have been hijacked (the entire planet at this point) will also be restored.
Let’s all BE the Light to help this transition go smoothly and quickly. There are also websites that are educating and organizing the populace to be part of the grassroots solution (more on that in a future update).
Attached are two versions of the same picture of the one dollar bill showing you that it is not true money (it's called fiat currency) and that's why it will be retired when the Federal Reserve is retired after the Republic is restored. There are two versions of it (pdf and jpg), in case you can't open one of them. Look at one first, before you go to the next section, so you have something to compare to the new $100 note.
This 8 minute video is about the new $100 bill.
It will show you a change in our current currency (in this case, the new $100 bill). The new $100 bill is still a Federal reserve note, thus it is still fiat currency, but listen and look carefully as the video leads you along. This new note seems to foreshadow the transition to asset-backed “real money” that will be seen as US Treasury notes, backed by gold and other assets.
Published on Mar 15, 2012
Read this article and find links at www.RoadtoRoota.com
Of course I was excited about the new $100 bill having all that gold on it because I was tipped off years ago that it would be "special," when it finally got released. One of the central themes of my work at the Road to Roota Letters is that there is a group of people working to end the fiat money system and return the US back to the Gold Standard. READ HOW THIS BILL SECRETLY INTRODUCES THE NEW GOLD STANDARD
Private banking offers perks to wealthy
By Claes Bell • Bankrate.com
…Banks pursue these wealthy clients because they generate a lot of money and repeat business. For customers, it's a little like getting a suite comped by a Las Vegas casino floor manager: The casino serves up the high-roller treatment to keep you sitting at its tables…
…Baughman says that when he worked at BB&T, "everything was negotiable" for private banking customers, including the bank's stated fees in terms of closing costs for mortgages, closing costs for home equity lines or retail loans…
Read more: http://www.bankrate.com/finance/savings/private-banking-offers-perks-to-wealthy-1.aspx#ixzz2aCue4unq
LIST OF BANK SERVICES/PERKS TO REQUEST
Ask your private banker or bank manager to provide the following items:
1. All bank account fees, cashiers check fees, notary fees, etc to be waived forever.
2. Highest rates available to be paid on my accounts.
3. Highest rate of exchange on the dinar available. (no spread)
4. Bank to provide and pay for insurance to cover all account balances.
5. Access to information on great investments such as pre-IPOs, real estate (REO), bank trading and sweep accounts.
6. Other benefits to include: sporting event tickets, first class travel arrangements and other perks offered by the bank.
7. Bank willingness to provide a team to include a tax attorney, CPA, wealth planner, trust attorney, concierge services, etc. as needed..
More ideas: POD (payable on death) to be added to each acct; insurance covering bail-ins, MCA (multi-currency accts), NIB (non-interest bearing account ) for new asset-backed currency, in addition to above.
Foreign and domestic ATM machine charges waived.
Free certified and notarized items.
Courier Services contact list; connections for Group Health Insurance - to cover the signers and families of depositors (bank picks up part).
Credit Line available.
The following is from a member of our dinar group; she was willing to share her notes about the research she is doing:
“I am interested in the services of family offices. (Note that many in the list below may not be family offices.) Family offices will educate us, including the psychology of sudden wealth. They bring in our children and teach them about the investments and responsibility. They will hire domestic help, do background checks, plan our trips for us, be on call 24/7 to meet our needs, plus legal and CPA services (which costs extra) and a ton of other things.”
The following is about her discussion with:
“I just had a perfectly wonderful conversation with Pathstone Family Office. I was calling on my behalf, and this chatroom's behalf as well. Got some info to share:
First - she is very happy to talk with dinarians; she knows all about it, though she herself has no particular expectations.
I asked her about the minimum requirements to become a client. She says that is structured by their fees which run around 1% per year of the total invested, with a minimum fee of $50,000 per year--
that would equate to a $5 million investment (1% of $5 million= $50,000).
So, the upshot is that if you invest less than 5 mill with them, you would still pay the minimum fee of 50K (which would obviously raise the actual percentage for you, to over 1% for the fee).
I was thrilled with everything I heard.
They currently only serve 34 families, which I like. (I believe Abott Downing has around 500 families. I think Ascent Capital has 193 families-- this is just from memory.)
Their richest client is $1 billion; the poorest right now is $15 million.
Four of their client families own 20% of the company;
several of their adjunct associates own about 20%;
the two owners came from Harris myCFO (BMO Financial Group-- one of the top wealth firms in the country for wealthy families-- a wealth firm that was rated as giving the best service among ultra high net worth clients-- comes in at number 15 in the Top 20 list below)-- the two owners own the majority.
Pathstone was rated as giving the best service among the smaller high net worth firms.
Pathstone Family Offices are in NJ, GA and FL but most of their families are not from those three states.
She knows as much about currency exchange as I do! She is aware of the contradictions in the tax code related to currency exchange (i.e., she knows that one place it says capital gains; one place it says ordinary income)!
She says do NOT exchange until you get your asset protection structures in place. She can save us a ton of taxes [Sara: I believe the tax savings they would offer are the same as any asset protection structure with an LLC—like the STS method]; the tax savings up front, and annually, will usually more than cover what they charge in fees.
She is aware of the Cyprus-like bail-in bank issue and the 700 trillion to 1.4 quadrillion derivative debacle and therefore Pathstone has relationships with Chase, Goldman Sachs, Suntrust, and I forget the others-- so that the money is spread out far and wide to protect it.
(She doesn't trust bank solvency either; the assets will be spread out among many "custodians" which means Fidelity, Schwab, Morgan Stanley, etc.)
I didn’t ask her about metals.
I kind of like that they are independent, and more willing to use multiple banks.
She said currency exchange could be tricky and we needed advice from more than one attorney-- tax attorney.
They will do all this for us plus educate us, our children, and put structures in place to minimize estate tax.
They do not have locations out of the country, but I told her about my research on UOB (United Overseas Bank in Singapore-- one I have picked out for an offshore possibility-- not for tax avoidance, but for diversification out of USA). She said NO problem; they have relationships with international attorneys who can set up offshore accts, file the proper IRS, DHS forms, etc.”
“These links are to wealth firms on my list that I am currently researching (my plan is to do the bulk of my exchange through the wealth firm):”
“This is a list I worked from:”
The Top 20 Firms Where Rich Families Put Their Fortunes (from 2012, but still good)
by Myles Meserve
August 7, 2012
[Go to the link below to read a synopsis for each one.]
No.1: HSBC Private Wealth Solutions
Sunday, 28 July 2013 17:03
Poofness Zap, PP & Dinar Updates! July 28/13
Greetings and Salutations,
Roll on! While at times to many of us it seems as if this rollercoster ride will never end, I assure you it will. As a matter of fact we are now coming into the station to disembark and step into our new future. It has taken many people working on many difficult tasks to bring us to where we are now, the payout process. Read below as our mentor, ZAP, provides more details of this journey and gives us some important dates to keep in mind.
From ZAP..........HI ALL
ANOTHER LOVELY WEEK OF PREPARATIONS FOR THE GLOBAL RESET, AND I AM HAPPY TO REPORT THAT THE OLD MAN IS VERY CLOSE TO GIVE THE NOD.
WELLS FARGO BANKS ARE PUTTING UP “FOREIGN EXCHANGE SERVICES” SIGNS AT LOCATIONS. HOW COME ALL OF A SUDDEN? WILL THE FEDERAL RESERVE NOTE BE CONSIDERED “FOREIGN CURRENCY” AFTER THE TREASURY NOTE MAKES ITS APPEARANCE? OR IS IT JUST FOR DINAR/DONG EXCHANGE…ONLY THE SHADOW KNOWS…
THE ESCALATION OF THE PROCESSES FOR THE REDEMPTION OF HISTORIC ASSETS HAS SET THE STAGE FOR MASSIVE REDEMPTION FUNDS COMING OUT TO THE STREET FOR THE RIGHT REASONS, AND YOU CAN BE SURE THAT THE F&P AND PP WILL NOT BE FAR BEHIND.
THE SONG OF THE HEART HAS QUESTIONS.
ON THE CRIMINALITY OF CENTRAL BANKING: Is this really being dismantled?
NO, NOT YET. THE CENTRAL BANK SYSTEM IS STILL REQUIRED FOR FULL COMPLIANCE TO THE BASEL III PROTOCOLS, AND STIL PLAYS A VITAL ROLE IN THE FINANCIAL INFRASTRUCTURE.
The BIS was/is the central bank of the central banks. The cabal has been buying up gold at depressed prices. If we switch to a gold-backed currency, won't that still leave them in control??
NO. REGARDLESS OF THE AMOUNT OF GOLD BOUGHT, THAT CAN BE OFFSET AND REBALANCED TO EXPECTED LEVELS BY THE RELEASE OF OTHER GOLD THAT THEY ARE AWARE OF, AND VERY AFRAID OF. SIMILAR TO THE PRICE OF DIAMONDS. DE BEERS HAS A ZILLION TIMES MORE DIAMONDS IN THEIR VAULTS THAN THERE ARE ON THE MARKET. IF THEY LET OUT A FRACTION OF THEIR HOLDINGS OUT INTO THE MARKET, GOODBYE HIGH PRICES FOR DIAMONDS, AND THEY WOULD SHOOT THEMSELVES IN THE FOOT BIG TIME.
Will we really get back to a Treasury issued money, and break the hold the Rothschild's and all? Please God let it be so!!
YES. WE WILL GET BACK TO TREASURY NOTES, AND UNCLE SAM WILL REGAIN HIS SOVEREIGNTY, AND THE ORGANIC INSTITUTION OF THE CONSTITUTION WILL PREVAIL. THE PEOPLE WILL BREATHE AND TRUST ONCE MORE.
THE PURPLE PIG WILL FLY ON SEPTEMBER 1, 2013.
EXPECT TO SEE THE MASSIVE CHANGES BY OR AT THAT TIME.
ONE INDICATOR IS:
Thursday, 25 July 2013
Ben Bernanke announced that he is resigning the Federal Reserve effective September 1, 2013.
One of the Federal Reserve Governors has resigned effective September 1, 2013.
Janet Napolitano [Homeland Security] has resigned effective September 1, 2013.
The Most Holy Francis issued an Apostolic Letter on July 11 and effective September 1, 2013 that effectively stripped away the immunity of all judges, attorneys, government officials and all entities established under the Roman Curia [hint: All corporations are established under the Roman Curia]. All of these "persons" can now to be held accountable for war crimes, crimes against humanity, [hint: Divine Spirit is humanity], for the unlawful restrictions of the liberties of the divine spirit incarnate; for failure to settle the accounts; for continued prosecution of claims already settled, etc.
THE OTHER ELEMENTS THAT HAVE, AND ARE HAVING, DIRECT EFFECT ON THIS UNFOLDMENT ARE WELL PROGRESSED, AND MANY ARE WORKING HAND IN HAND WITH UPSTAIRS EFFECTING THE CHANGES WE ARE SEEING.
NOBODY WILL ESCAPE JUSTICE IN THE END.
WHAT THE CABAL DOES NOW WILL DETERMINE HOW THEY ARE TREATED IN THE END. THEY CAN STILL ATTEMPT TO STOP THE CHANGES, AND THEIR ACTIONS WILL BE “RETURNED TO SENDER”. THEY WILL BE JUDGED BY THEIR VERY ACTIONS AT THIS TIME, WHETHER THEY CONTINUE TO WORK AGAINST THE CHANGES, OR SEEK FORGIVENESS AND REDEMPTION. UP TO THEM.
THERE IS VERY LITTLE TO SAY NOW. ALL IS PRETTY QUIET ON THE SURFACE, BUT BEHIND, IT IS STILL FAST AND FURIOUS, BUT WITH GREAT CLARITY AND PURPOSE. THIS COMING WEEK WILL SEE MUCH MONEY COMING OUT, AND WE WILL HEAR OF MANY MILLIONAIRES HERE AND THERE COMING OUT AND SPENDING MONEY. THIS IS INDEED THE BEGINNING. THE FUNDS ARE COMING FROM THE REDEMPTION OF HISTORIC ASSETS…THE ACTUAL VISIBLE BEGINNING OF THE GLOBAL RESET PROCESS UNDERWAY.
ON THE PROJECT SIDE AND THE EMAIL DHINTAKE@GMAIL.COM, IN ABOUT 3 WEEKS, THE PROJECT TRACKING SOFTWARE WILL BE INTEGRATED INTO THE NEW WEBSITE THAT WILL BE PUT UP FOR THE PROJECT INTAKE AND FUNDING. WE WILL ANSWER ALL EMAILS THAT HAVE COME IN, AND REDIRECT TO THE TRACKING SITE AND BEGIN FUNDINGS. THE EXACT DATE OF THAT WILL BE ANNOUNCED. MORE ON THAT NEXT TIME.
SO ALL IN ALL, NOT MUCH MORE OUT THERE EXCEPT FOR THE USUAL BACK AND FORTH BETWEEN THE SIDES, WITH US WINNING DAILY. ALL GOOD.
IN LOVE AND LIGHT IN OUR SERVICE
“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
POOF Says.....”People you haven't heard of for long time are coming out of the woodwork to make themselves present and accounted for right now. Few have had the direct contact and knowledge of who did what. Now mr wanta, is dropping names, dates and places to the proper authorities. Too late, already filed, best option now is a bomb shelter in the back yard or a cave. Arrests are already afoot and it's about to get noisy. As many agencies are on red alert right now. Of course they have ground penetrating satellites now, so I don't think that's a good option anymore. Try it...stiff upper lip, throw your arms up and surrender.”
Consultations upon request until the doorbell rings.
Love and Kisses,
Susan & Staff
Office of Poofness email@example.com
7-28-13 Jester: YOU ARE GETTING THE SAME RECIRCULATED INFO THAT THERE HAVE BEEN COMPUTER GLITCHES IN THE BANKS AND FOREX…WE HAVE CONTACTS IN THE BANKS AND THE FOREX AND THEY SAY IT JUST ISN’T SO…THEY ARE READY…AS FAR AS THE SYSTEMS GO…THEY ARE READY…BANKS ARE READY...FOREX IS READY...SYSTEM IS READY...THEY HAVE BEEN READY FOR A WHILE…THEY HAVE NOT DONE IT BECAUSE IT WAS NOT READY TO BE DONE…SIMPLE AS THAT.
I HAVE BEEN SAYING WE NEED SOME ANNOUNCEMENTS FOR PEOPLE TO BE SATISFIED ABOUT SOME THINGS…WELL CHECK THIS OUT…IF YOU WANTED TO GET AN ANNOUNCEMENT OUT AND YOU WANTED EVERYONE YOU COULD TO SEE IT…WHAT WOULD YOU DO? YOU WOULD BLANKET ALL THE NETWORKS AT THE SAME TIME…WHICH IS WHAT IS GOING TO HAPPEN WITH LEW TOMORROW MORNING...Treasury Secretary Jack Lew today tapes interviews for Sunday shows on ABC, CNN, FOX and NBC. THESE ARE ALL PRERECORDED SO THEY CAN GO OUT AT THE SAME TIME FOR MAXIMUM SATURATION.
THE ONLY DOWNSIDE TO THIS IS I AM AWARE THERE IS A SPEECH "A" AND A SPEECH "B"…DEPENDING ON WHERE WE ARE IN THE PROCESS WILL DETERMINE WHICH ONE WE SEE TOMORROW… THE ONE WE WANT TO SEE IS SPEECH "A"…BUT IF THINGS ARE NOT READY WE WILL GET SPEECH "B"...IF SPEECH "B" IS THE ONE THAT COMES OUT TOMORROW MORNING…SPEECH "A" WILL NOT BE THAT FAR BEHIND.
7-29-13 Tony: Interesting weekend. You would not have wanted to hear what I heard on the weekend. I did not want to hear it. Since that time things have changed. I do like the fact that I have some good up-to-date info. We're right there at the door step, but 1 group is holding us back. This a.m. I got more info from iraq, on tv that money was about to come and they will receive their blessing that any day the dinar will rise in value. People are being called back to the banks ASAP...being told it is done...it's different than yesterday...we're not saying we're getting ready, we're saying it's done.
I do have a time but won't say it...let's just hope it is today. Playing devils advocate, what is our worst case scenario? I got calls from people today that are saying we are not waiting we are there...if not today, then tomorrow. The cards over there, by trusted agents, the rate is already set at $3.44, here today it is showing at $3.65. The rate has been out, RV has taken place & the currency is already being traded above us, we're the last level to see it. All banks are in position & being updated on the current situation & in a couple of hours I might be back with something else.
THE FLOW OF ABUNDANCE IS UPON US: MONDAY, TUESDAY, WEDNESDAY!!
REMEMBER ST GERMAIN IS THE HOLDER OF ALL THE MONEY BAGS OF THE WORLD!!!
THE FLOW OF ABUNDANCE IS UPON US: MONDAY, TUESDAY, WEDNESDAY!!
PRAISE THE LORD!!
HE HAS PROVIDED US THE TOOLS TO PROVIDE THE MEANS TO STOP THE BLEEDING! By John McHAFFIE'S
Folks I did ask Saint Germaine about PP and he said the money has already gone out to all members and will be received this coming week. Baring no interference I am cautiously optimistic Tami
Last Updated on Monday, 29 July 2013 16:02
Sunday, 21 July 2013 15:55
Poofness Events Update! July 21/13
Greetings and Salutations,
Recapping the week we find more and more people are hearing from news channels about the Fed and FDIC voting in Basel III which means a metals backed currency for the US and approximately 200 other countries around the world. This is a huge turning point for our planet. Also, with the beginning of the acceptance and implementation of the tariff treaties for the countries last week this will help clear the way for the beginning of the new financial system.
I will not support the suggestion of 60 days put out here all is happening now for deliveries and announcements. Due to deliberate breach of free will and soul agreements class actions would be most appropriate for all who are financially suffering at this time. Tami
From ZAP..........HI ALL
WELL, THE RELEASE THAT WAS SCHEDULED TO HAPPEN LAST WEEK GOT DELAYED A BIT. IT IS SCHEDULED FOR NEXT WEEK, AND IF THEY CAN NOT AGREE IN FULL, WE WILL HAVE NO CHOICE BUT TO WAIT SOME MORE. RUMOR OUT (BASED ON TIMING OF THE SUMMER BREAK COMING UP) IS 60 DAYS OR LESS FOR RESTART AND RELEASE.
NOW THIS SUCKS THE BIG ONE. IF IT IS TO BE, OK…BUT BOTTOM LINE IS THAT IT WILL HAPPEN NOW WHETHER NEXT WEEK, OR IN 2 MONTHS. EITHER ONE.
ASSUME IT HAPPENS NEXT WEEK. WHAT THEN? WHEN IT HAPPENS, THE SIGNAL WILL BE THE SIGNING OF THE GLOBAL GOLD SETTLEMENTS. THEN THE RV OF THE DINAR/DONG. THEN THE INSTALLATION OF THE BASEL III PROTOCOLS (METAL BACKED CURRENCY REQUIREMENT).
TIMING? WITHIN A WEEK OR TWO I WOULD SAY. TIMING OF F&P AND THE RELEASE OF THE PP RETURNS? AGAIN THAT IS SOMETHING I DO NOT KNOW, AS MY WORK IS FOCUSED ELSEWHERE IN THE GLOBAL FINANCIAL INFRASTRUCTURE ON ANOTHER LEVEL, BUT I DO GET TO HEAR SNIPPETS OF THAT SIDE, AND IT MAY HAPPEN WITHIN THE 1-2 WEEK TIME FRAME IS THE BEST GUESSTIMATE I CAN MAKE FROM MY VANTAGE POINT.
WISH I COULD BE MORE PRECISE, BUT PLEASE REMEMBER THAT MY WORK IS TOWARDS THE CURRENT CLEANUP OF HISTORICAL ISSUES AS THEY WOULD NEGATIVELY IMPACT THE NEW SYSTEM, AND MORE IMPORTANTLY, THE PROPAGATION OF RECONSTRUCTION PROJECTS.
MY INFLUENCE IS SMALL IN WORLD MATTERS, BUT I DO VOICE MY THOUGHTS AND PUT FORWARD SUGGESTIONS IN RESPECT OF WHAT COULD WORK IN CERTAIN INSTANCES TO GIVE A HELPING HAND DURING THE TRANSITION, AND THOSE THOUGHTS ARE AT TIMES CONSIDERED IF VALID, BUT THAT’S IT. THE DECISIONS ARE MADE BY THE OLD MAN.
TALKING ABOUT, THE OLD MAN IS RECEIVING MANY ELDERS NOW AND IS IN CONSTANT DISCUSSIONS, MEETINGS, AND GENERAL NO SLEEP MODE WORKING OUT THE FINAL DETAILS OF WHAT IS TO COME. AMAZING AMOUNT OF WORK IS BEING DONE BY THE LEGIONS BOTH UPSTAIRS AND DOWNSTAIRS. THE SHEER ENERGY OF THE FOCUSED INTENT OF PEOPLE IS OF GREAT IMPORT, AND TIMELINES HAVE SHIFTED YET AGAIN. THE GEOLOGIC DEVASTATION THAT WAS TO COME IS MITIGATED….THE SPECTER OF WAR DESTROYING POPULATIONS AT A SINGLE GLANCE IS GONE…THE RELEASE OF WEIRD SCIENCE TECHNOLOGIES HAS BEEN APPROVED AND THEY WILL COME OUT TO OUR BENEFIT SOONER THAN EXPECTED…ETC.
SO OVERALL, THE STAGE IS WELL SET NOW MORE THAN EVER FOR THE GLOBAL RESET. AWARENESS OF MONEY PROBLEMS WHEN LARGE AMOUNTS FILTER INTO YOUR POCKET ARE BEING REALLY CONSIDERED SERIOUSLY NOW PAST THE IMMEDIATE “GET A NEW CAR AND BLOW A WHOLE BUNCH PARTYING FOR A BIT” MINDSET (NICE). THOUGHTS ARE SHIFTING TOWARDS “WHAT CAN I DO TO HELP (US)” CONSIDERATIONS, AND A GENERAL CALM BUT HIGH ENERGY EXPECTATION IS FORMING WITHIN FOR THE TIME WHEN IT ALL TRANSITS FROM THE OLD TO THE NEW. (REAL NICE).
MAKE NO MISTAKE….THIS ENERGY IS QUITE PALPABLE AND IS MAKING A GREAT DIFFERENCE IN THE ENERGY ENVELOPE AROUND OUR MOTHER.
BY THE WAY, ON ANOTHER SHELF IS THIS TIDBIT OF INFORMATION: THE CHEMTRAILS AND THE DISRUPTIONS IN THE ATMOSPHERE BY HAARP HAVE BEEN SUFFICIENT TO CREATE A REAL BARRIER TO CERTAIN ENERGIES OUTSIDE THAT HAVE BEEN TRYING TO FLOOD US WITH THE VARIOUS RAYS OF LIGHT TO HELP INCREASE CONSCIOUSNESS. THIS IS THE PLAY: DUMB DOWN EVERYBODY SO THEY CAN NOT RECEIVE, MUCH LESS SEND. HENCE CHEMTRAILS, HAARP, FLUORIDE, ASPARTAME, THE VARIOUS PHARMA DRUGS LIKE RITALIN, ETC. ALL THE TECH THAT CAN AFFECT THE OPENING OF THE PINEAL HAS BEEN TRIED, IMPLEMENTED, AND VIGOROUSLY DEFENDED AS INCONSEQUENTIAL AND ACTUALLY GOOD FOR US. YA RIGHT. DOES CHENEY SWEETEN WITH ASPARTAME? AFTER ALL, IT IS ONLY A TOXIC BY-PRODUCT OF ACETYLENE MANUFACTURE (AND REALLY CHEAP UNTIL YOU PUT IT INTO LITTLE PAPER ENVELOPES WITH INSTRUCTIONS OF ONE PACKET=TWO TEASPOONS OF SUGAR).
THESE AND OTHER THINGS WILL BE EXPOSED IN A SHORT TIME NOW (FASTER IF MORE STRENUOUS NOISES ARE MADE), AND OUR HUMANITY CAN BREATHE AND PROSPER. IT IS INEVITABLE NOW, AND MANY HAVE PREPARED THAT PATH WITH THEIR LIVES.
SO, NOT REALLY THAT MUCH TO IMPART OTHER THAN 1) WE ARE DELAYED, AND 2) NOT BY MUCH.
IN ANSWER TO QUESTIONS:
What events have occurred this week to move us closer to F&P, PP?
NONE. THE DELAY IN THE GLOBAL RELEASE DELAYED IT. HOWEVER, IT IS ONLY DELAYED BY THE TIME IT TAKES TO DO THE RELEASE, THEN IT STAYS IN THE TIMELINE ACCORDINGLY FROM THAT POINT ON.
Do you think the RV and Basel III will still be announced in July or do you think it will be further out?
IT IS VERY LIKELY….BUT REMEMBER THE POTENTIAL OF A 60 DAY OR LESS DELAY.
How long will it take the banking world to implement these changes and make the public aware?
PRETTY WELL INSTANTLY, AS THE ANNOUNCEMENT WILL COME OUT OF THE BLUE WORLDWIDE – IT WILL BE AN EVENT.
At this stage do world events, like the unrest in Egypt, Greece's financial problems and other such events interfere with the F&P, PP, payout process?
NO. THESE ITEMS ARE PESKY AT BEST, BUT WILL BE RESOLVED ON THE ANNOUNCEMENT AND INSTALLATION OF THE BASEL III PROTOCOLS.
Could you please give us a few examples of how the new banking system will make our life easier?
7-11 WILL DROP THE PRICE OF A BIG GULP EVEN MORE. THE PENNY WILL DISAPPEAR. MONEY WILL BE MUCH MORE ATTRACTIVE AND EASIER TO READ WHAT DENOMINATION IT IS. AND WIDOW HIGGINS WILL NOT BEG ON THE STREET CORNER ANYMORE FOR FOOD MONEY.
IMMEDIATE BENEFITS INCLUDE THE STABILIZATION OF THE CURRENCY MARKETS, AND INFLATION/DEFLATION ISSUES WILL BE NEGLIGIBLE AGAIN, AMONGST OTHERS. THE PRICE OF GOODS AND SERVICES WILL BECOME MANAGEABLE AND IN KEEPING WITH TRUE VALUES. MORE DISPOSABLE INCOME WILL BE GENERATED AS TAXES WILL DROP.
Easier to move funds? OH YES.
Easier to get loans? THAT TOO.
Easier to bank internationally? YES AGAIN.
Will we still need safe banking and tax havens off shore?
WHY? THE SYSTEM IS DESIGNED FOR PROSPERITY SO TRYING TO SAVE AS MUCH TAX AS POSSIBLE WILL NO LONGER BE A CONSUMING PASSION, AND EVENTUALLY, THESE TAX SYSTEMS WILL DISAPPEAR IN TIME.
There always seems to be individuals or groups that want to spread fear among the populace and diminish the efforts of achievers or demean them is some way. How do you respond to these naysayers who may spread doubt and fear about the good you wish to accomplish with these worldwide projects you want to put into place?
PATIENCE AND FAITH IN OUR HUMANITY. THEY MAY TRY TO DO THE FEAR MONGERING BIT, BUT AS WITH ALL SUCH CONSTRUCTS ROOTED IN BULLSHIT, TIME DISSIPATES THEM AND EXPOSES THEM FOR THE VAPORWARE THEY ARE. IT HAS BEEN A VERY HARD AND LONG ROAD TO GET TO THIS POINT OF ACCEPTANCE OF ALL THAT IS, AND WHAT IT MEANS IN RELATION TO ITSELF, AND THE CULMINATION OF ALL THE LEARNING I HAVE DONE IS SUMMED INTO THE 6 PHRASES THAT DEFINE ME, WHAT I DO, AND WHY, AND I END MY LETTER TO YOU EACH TIME THIS WAY:
GOD IS; I AM; WE ARE
THE FIRST PHRASE IS SELF EVIDENT. THE SECOND PHRASE DENOTES YOUR SELF AND ALL YOU CAN DO TO MAKE THAT SELF THE BEST IT CAN BE THROUGH EDUCATION, ATTAINMENT OF A HIGHER CONSCIOUSNESS LEVEL, HELPING THE POOR BY GIVING WHAT YOU CAN TO THE PANHANDLER OR CHARITY, A MASTERS DEGREE, MOPPING A FLOOR REALLY WELL WITH EXCELLENT TECHNIQUE OF THE WRIST, WHATEVER MAKES YOU A BETTER YOU. THE THIRD PHRASE COMPLETES THE FIRST TWO, AND LEADS BACK TO THE FIRST PHRASE – IT IS A LOOP. IT IS SELF FULFILLING AND TEACHES US THE INTEGRATION OF US WITH ALL THAT IS. WE ARE, ARE WE NOT?
SO THIS TAUGHT ME THAT WHEN I TALK TO THE RUBBY DRINKING RIPPLE IN A BACK ALLEY, I AM TALKING TO MYSELF…AN INDIVIDUATED PIECE OF DIVINITY YES, BUT A PIECE OF MYSELF THAT IS ON ANOTHER PATH, AND I MUST RESPECT THAT PATH AND NOT FORCE CHANGE, BUT OFFER SUGGESTION ONLY. HENCE, LEADING BY EXAMPLE, AND NOT BY DICTATING. MAKES A BIG DIFFERENCE IN THE END, BUT YOU MUST HAVE LEARNED PATIENCE , UNDERSTANDING, AND COMPASSION TO INTEGRATE THIS IN. IT IS NOT AN OVERNIGHT THING TO BE SURE, AND SOME TAKE A LITTLE BIT TO GET IT, AND OTHERS MANY YEARS, IF AT ALL. IT IS SO SIMPLE, IT IS PROFOUNDLY HARD FOR SOME.
THIS GIVES THE FRAMEWORK TO ME TO PUT FLESH ON THE SKELETON. THE SECOND SET OF PHRASES DESCRIBE THE ACTIONS FOR THE FRAMEWORK TO PERFORM.
BE GOOD; BE LEGAL; TELL TRUTH.
THE FIRST PHRASE COMBINES ALL THAT IS POSSIBLE OF THE LIGHT TO BE DONE FOR THE HIGHEST GOOD. THE SECOND SET PROVIDES THE CONSTRAINTS WITHIN WHICH TO DO GOOD. THE THIRD SET ALLOWS CLARITY AND TRANSPARENCY OF ACTION WITHOUT FEAR. TELLING TRUTH IS QUITE LIBERATING. THE INTEGRATION OF THE COMBINATION OF THESE THREE PHRASES DEFINES HOW I DO THINGS.
TOGETHER, I GET THE TOP DOWN VIEW ROOTED IN THE BOTTOM. IT IS THE KEEPING OF BOTH FEET FIRMLY ON THE GROUND WHILE KEEPING THE HEAD WAY UP THERE. WORKS WELL. YOU WILL FIND THE THINGS OF GOD VERY SIMPLE, BUT PROFOUND.
GLAD YOU ASKED THAT QUESTION. THANKS.
Why are your project efforts focused primarily on youth and seniors?
OUR KIDS WILL INHERIT THIS WORLD, AND WHATEVER WE DO NOW TO HELP THEM AND GIVE THEM THE TOOLS TO DO THE RIGHT THING, THE BETTER OUR WORLD WILL BE WITH SUCH LEADERS IN TIME; AND WE MUST HONOR THE SENIORS FOR THEIR GREAT EFFORT WHETHER RAISING KIDS, DOING A JOB WELL, ETC, AND GIVE THEM A HELPING HAND SINCE MANY CAN NOT AFFORD THE BASICS WHEN THEY CAN NO LONGER WORK. SO THEY BEGIN EATING LITTLE CHEAP CANS OF FOOD THAT ANY CAT WOULD GO FOR, AND LINGER IN GREAT LONELINESS, FORGOTTEN, AND DISCARDED. WHY?
SO, WE LOOK AFTER THEM FIRST. ALL OTHER PROJECTS THIRD, BUT IN PARALLEL…THE WORK MUST BEGIN ON ALL FRONTS, NOT JUST THE CONCENTRATION OF ATTENTION ON JUST 2 ELEMENTS OF THE WHOLE.
What about helping disaster victims around the world?
WHAT ABOUT THAT? WE DO HAVE PLANS IN PLACE TO BUY MOTHBALLED WARSHIPS AND CONVERT THEM TO FLOATING EMERGENCY STATIONS DEPLOYABLE TO ANY DISASTER SITE (FOR EXAMPLE).
REMEMBER THAT PROJECTS ABOUND IN MANY DIRECTIONS, IDEAS, AND CONCEPTS, BUT WE JUST KINDA SORTA LOOK AFTER OUR FUTURE AND OUR PAST FIRST WHILE CONCENTRATING ON THE PRESENT “NOW”. THIS EFFORT MUST BE FULL SPECTRUM, AND DONE BY MANY, NOT JUST A HANDFUL OF US. PLEASE JOIN IN, WE DO NEED YOU.
HOPE THAT HELPS WITH CLARITY (FILM AT 11).
BY THE WAY, WHO/WHAT IS THIS OPPT(?) THING? STILL HAVE NOT BEEN BROUGHT UP TO SPEED ON THIS. EXPLANATION ANYBODY?
IN LOVE AND LIGHT IN OUR SERVICE
“GOD IS; I AM; WE ARE”
“BE GOOD, BE LEGAL, TELL TRUTH”
POOF Says.....I won't get into specifics, I will just tell you to be ready for whatever you intend to do, at the reception of your letter. People are happy on both sides of the ocean and in asia, as the end has finally arrived. The sky isn't going to all the sudden be blue, sharks will be in the water, looking to prey upon those who receive. They can get it to you but you will have to use the common sense God gave you, after you access. Don't be acting like someone who's won the lottery and is broke in a year!
Consultations upon request until the doorbell rings.
Love and Kisses,
Susan & Staff
Office of Poofness firstname.lastname@example.org
Monday, 15 July 2013 16:07
Dinar RV & Management Latest! July 15/13
NEWS, RUMORS & ARTICLES
7-15-13 Okieoilman: IT SEEMS LIKE EVERYONE IS EITHER EVADING THE SUBJECT OR DANCING AROUND THE MAY-POLE WHEN IT COMES TO WHAT IS TRANSPIRING.
HERE IS THE FACT'S AS I KNOW THEM NOW, AS OF 3PM C.S.T.--I WAS REALLY SURPRISED I WASN'T GIVEN THE AUTHORIZATION TO MAKE THE FINAL POST LAST NIGHT OR DURING THE NIGHT PREDICATED ON THE ANTICIPATION OF THE IRAQI STOCK EXCHANGE GOING LIVE WHICH WOULD HAVE REQUIRED AN INTERNATIONAL CURRENCY OF VALUE.
I LEARNED LATE LAST NIGHT AFTER THE ROOM CLOSED THAT IRAQ HAD REQUESTED AN ADDITIONAL DAY TO FULLY INITIATE THEIR I.S.X. (IRAQI STOCK EXCHANGE).
THERE ALSO WAS A PROBLEM THAT --HAS-OR WAS-OR IS BEING CORRECTED RELATIVE TO THE PINGING OF CENTRAL BANKS THAT ALL HAD TO RESPOND CORRECTLY TO THE PING (ALL BEING ON THE SAME PAGE).
FROM WHAT I WAS TOLD JUST A FEW MINUTES AGO, EVIDENTLY THIS HAS NOW BEEN CORRECTED.
I HAD ALSO FURNISHED ME THAT ON IRAQ T.V. SCROLLING ON THE BOTTOM OF THEIR SCREEN WAS THE INFORMATION THAT IRAQ WAS NOW (NOW) NO LONGER TO BE CONSIDERED AS A 3RD WORLD NATION DUE TO THE VALUE OF THEIR CURRENCY.
ALL THE ABOVE INFORMATION IS CURRENT AND CORRECT AS I UNDERSTAND IT. TIME IS NO LONGER ON IRAQ'S SIDE AS THE WORLD AWAITS THE INITIATION OF THE PROCESS THAT ALL HINGES ON IRAQ REVALUING THEIR CURRENCY.
IRAQ WILL BE THE HINGE PIN FOR THE ENTIRE WORLD'S CURRENCIES AND THE U.S.A. IS THE HOST COUNTRY THAT WILL INITIATE THIS EVENT.
KEEP THE FAITH AND PRAYERS GOING UP AS THIS IS SO VERY IMMINENT AND ALL ENTITIES ARE NOW PUSHING HARD TO GET THIS GLOBAL RESET COMPLETED.
NEW NOTICE JUST RECEIVED--FROM YESTERDAY IRAQ WAS GIVEN 24 HOURS PERIOD---TO SHIFT OR GET OFF THE LOT
NOT PREDICTING ANYTHING BUT CONSIDER THEIR TOMORROW IS OUR TONIGHT----MAY OR MAY NOT HAVE AN INFLUENCE
THIS IS JUST LIKE WHAT IS GOING ON IN THE UNITED KINGDOM AWAITING THE BIRTH OF A "ROYAL BABY"
IT ALSO APPEARS SOME OTHER EXCLUDED COUNTRIES LAST NIGHT WANTED TO JUMP ON THE GRAVY TRAIN AT THE LAST MOMENT---------DIDN'T HAPPEN THOUGH.
Historian's Three Step Cash-In Plan
CASH-IN PLAN (in 4 Parts) By: Historian
CASH-IN PLAN - OVERVIEW (Part 1 of 4)
This Cash-In Plan walks you through some tasks and decisions you may need to address to prepare for cash-in. It is organized in steps from now to the time you set up Advisors (attorney, accountant, etc.). After that, your Advisors will help you plan cash-in and secure your new wealth, so you only need to make the first part of the journey on your own. Historian
Note: This Cash-In Plan assumes that the IQD rate at RV will stay the same for some time or increase, and that it will not decrease within the first 12 months (the latter would require a different plan.)
3 BIG STEPS TO CASH-IN (that you must take on your own)
Step 1: Your Transition - Organize funds to cover 6 months of expenses and activities
Step 2: Your Wealth - Estimate your profit and wealth BEFORE you select your Advisors
Step 3: Your Advisors - Select Advisors who specialize in your wealth level and click with you
WHY IS THE PLAN FOR 6 MONTHS?
There are practical considerations:
You may need to set up or revise your legal and financial structure, and it may take time to find the right Advisors “ you should interview several attorneys, accountants, etc. before settling on the right team. Scheduling and meeting with these people – especially if they are in demand – could take 2 weeks or could easily take 1 to 2 months. You need to plan for the longer possibility . . . so, 2 months.
Your Advisors will need to set up the right legal and financial structure for you, and define a plan for you to cash-in. Attorneys and accountants “ especially very good ones – are busy, so they will need to fit your work into their regular schedule. They will need to develop the plan, do paperwork and filing. This could take just 1 week or as long as 1 month.
After that, you will need to set up bank accounts for the entities in your legal structure. The bank will need specific documents, and they may take more than 1 day to process these. Allow for 1 week.
Only after you have set up your legal and financial structure, are you ready to cash-in the bulk of your IQD (or VND). You may need to schedule cash-in appointments. Allow for 1 week.
So the time from RV to cash-in could be as little as 1 month or as much as 4 months. To make sure you are not worrying about living expenses and other financial issues, you need a plan that is comfortably longer than 4 months. That is why this Cash-In Plan is for 6 months. (End of Part 1 of 4)
CASH-IN PLAN - STEP 1 (Part 2 of 4)
STEP 1: YOUR TRANSITION - Organize funds to cover 6 months of expenses and activities.
In Step 1, you set up a TRANSITION BUDGET. This will cover (a) Expenses for 6 Months including the cost of your Advisors, (b) Debt Repayment, and (c) Rewards.
WHY DO THIS:
A TRANSITION BUDGET buys time for you to calm down, adjust and THINK CLEARLY again. It also:
- buys time to get past any bait rates
- buys time to let professionals help you pay off debts, cash-in and secure your new wealth
- helps you avoid spending wildly and wasting your wealth (due to sheer excitement!)
- trains you to start thinking like the wealthy person you now are – the wealthy all have a plan that outlines what % they will spend on different living expenses, luxuries and types of investments
WHAT TO DO:
Exchange the minimum amount of IQD needed to cover all the costs in Step 1. This may be one 10K or one 25K IQD note, or more. Make sure you have enough to pay for all of the following:
Note: You may also be able to arrange a line of credit using your IQD as collateral. If so, you may not have to cash-in any IQD to cover your transition, but the rest of your Cash-In Plan will still be the same.
a) Expenses for 6 months:
Basic monthly living costs:
- home costs: monthly rent/mortgage, utilities, phone, security, other
- loan payments: monthly auto or other loans
- personal care costs: food, meds, clothing, health care, dental, other
- annual: property tax; insurance on property, vehicle, health, other
- R&R: basic entertainment, recreation, travel/vacations, gifts
- Other: any regular costs not already noted
- Contingency: add 15% of the above - this is for emergencies
- 6 months insurance for your IQD (and VND) if you do not already have it
- repairs, maintenance or minor upgrades to home, auto, security, other
- special personal costs – e.g. health care you have been waiting for
- $10K to $25K to set up your entire legal and financial structure (including travel costs)
b) Debt Repayment:
Debts you can pay right away:
- small current debts with NO PENALTY if paid off – (e.g. credit cards)
- overdue bills and mortgage payments
Debts you DO NOT INCLUDE: (see your Advisors first)
- large current debts that HAVE A PENALTY if paid off – e.g. mortgage
- large overdue debts - e.g. foreclosure, outstanding taxes *
*Note: see your Advisors about this first; there are specialists who can help you minimize your costs, as well as settle any other associated legal or financial issues
Last Updated on Monday, 15 July 2013 19:51
Sunday, 14 July 2013 15:34
RV Dinar & Poofness Zap Updates! July 14/13
Greetings and salutations,
This past week was a very busy week behind the scenes as we read in the newspapers that the FDIC voted to accept the Basel III accords. Everyday bit by bit the pieces of the puzzle lock into place. Yes, I agree with you it's never as fast as we would like to see it happen, but please remember a lot of these events are first time occurrences in the history books. Now let's get some answers from ZAP.............
From ZAP..........HI AL
INTERESTING WEEK IT HAS BEEN. THE ROT THAT ATE THE FOUNDATIONS IS BEING REPLACED BY NEW CONCRETE FOUNDATIONS, AND OUR MOTHER AND HER KIDS ARE ABOUT TO TAKE A DEEP BREATH AND BREATHE.
ALL IS POISED NOW, AND THE COUNTRIES HAVE AGREED TO MOVE FORWARD NOW WITH SPEED, AND INSTALL THE NEW GLOBAL FINANCIAL INFRASTRUCTURE. THIS IS BY NEEDS, A VERY COMPLEX PROCESS, AND FRAUGHT WITH THE USUAL AMOUNT OF BUGS THAT SUCH SYSTEMS HAVE, PARTICULARLY WHEN THE BUGS ARE THE TERMINALLY GREEDY FOLK THAT PREY ON A CONSISTENT BASIS.
HOWEVER, AS WITH ALL REDUNDANT SYSTEMS WHOSE TIME HAS COME TO PASS AWAY INTO SHADOWS OF YEARS GONE BY, AND DISSOLVE INTO A GREY FORMLESS AND FORGETTABLE VAPOR, THE CABAL IS VANISHING INTO THE ETHERS TO BE REPLACED BY A STRONG AND HEALTHY SYSTEM THAT ACTUALLY SERVES THE NEEDS OF THE PEOPLE IN ALL COUNTRIES: THE DIVINE PLAN.
I GUESS WE CAN SAY THAT WE ARE FORTUNATE TO BE LIVING AT THIS TIME TO WITNESS SUCH AN EVENT. SURE…BUT HOW ABOUT BEING PART OF IT IN MUCH GREATER DEFINITION THAN JUST SITTING BACK AND STRAINING AT THE THOUGHT OF MILLIONS UPON MILLIONS TO FALL INTO YOUR LAP, AND WHAT YOU CAN DO WITH IT.
WELL, LAST WEEK, THE DOORS OPENED ON A FUNDING MECHANISM THAT HAS NOTHING TO DO WITH ANYTHING OTHER THAN PROVIDING THOSE THAT HAVE BEEN WAITING WITH A VENUE FOR FUTURE FUNDING. THE RESPONSE WAS WONDERFUL. HUNDREDS OF EMAILS WITH VARIOUS PROJECT IDEAS CAME FORWARD, AND THE MAJORITY WERE TRULY INSPIRING AS OF SPIRIT FROM UNIQUE METHODS OF HOUSING FOR SENIORS, TO INNOVATIVE WATER GENERATION DEVICES FOR KIDS IN AFRICA. IT WAS GOOD TO SEE.
I ASKED SUSAN TO GIVE A HELPING HAND WITH ALL THE SUBMISSIONS IN ORGANIZING THEM WITH THE HELP OF SOME REALLY GOOD SOFTWARE THAT TRACKS EACH PROJECT, AND IS USED BY LARGE TRUSTS AND FOUNDATIONS TO PERFORM THEIR PROJECTS. REMEMBER THIS IS THE FIRST TIME THIS IS BEING DONE, AND THAT IS WHY THE TIME LAG OF 30-60 DAYS BEFORE CONTACT AND FIRST FUNDINGS CAN POSSIBLY TAKE PLACE. LOGISTICALLY IMPOSSIBLE EVEN IF TRILLIONS WERE AVAILABLE IN THE ACCOUNT. THE INFRASTRUCTURE HAS TO BE PUT INTO PLACE, OTHERWISE THE WHOLE THING WILL BECOME A MORASS OF QUESTION MARKS IF YOU GET LOST IN THE FILING, AND WILL NOT SERVE THE NEEDS OF THE PROJECTS.
BUT, WE HAVE PUT THE RIGHT BUSINESS PEOPLE ON THIS THAT HAVE SUFFICIENT COMPUTER KNOW-HOW TO EXAMINE THIS SOFTWARE AND SEE IF IT IS APPROPRIATE FOR THE NEED VIS-À-VIS OTHER DATABASE SOFTWARE…THIS IS SPECIALIZED FOR THIS KIND OF WORK. THERE HAVE BEEN OFFERS OF HELP RANGING FROM PEOPLE THAT HAVE HAD EXPERIENCE HANDLING TRUST/FOUNDATION FUNDINGS, 501C3’S,, TO RETIRED BUSINESS PLAN WRITERS THAT OFFERED TO COME HELP WITH SORTING THROUGH THE PROJECTS, AND SEEING WHAT IS MISSING IN THE PLANS AND BUDGETS.
TO YOU ALL, THANKS MUCH. WE ARE GRATEFUL FOR ANY ASSISTANCE AS IT IS NOT ABOUT THE MONEY, BUT PEOPLE NOW. THERE IS ENOUGH MONEY FOR EVERYTHING, BUT PEOPLE?....WELL, WITHOUT PEOPLE, YOU HAVE NOTHING.
SO AGAIN, THANKS. THE PROJECT INTAKE WEBSITE WILL BE UP SOON (AGAIN A MONTH OR TWO WHEN THE FUNDINGS WILL GO LIVE), AND PROPONENTS OF VARIOUS PROJECTS WILL BE LISTED, AND PEOPLE WOULD BE ABLE TO CONNECT WITH THEM THROUGH SECURE EMAIL AT THE WEBSITE. SIMPLE STUFF REALLY, BUT A CENTRAL POINT OF CONVERGENCE FOR SERVICES ETC.
BUT, THE PEOPLE THAT HAVE WAITED FOR THE CHANGES, AND F&P, AND RV, WILL BE IN A UNIQUE POSITION SHORTLY. THE RUMORS OUT THERE HAVE IT THAT THE BANKS HAVE NO MONEY, ARE ON THE VERGE OF COLLAPSE, THE BUBBLE WILL BUST, THE SKY WILL FALL, AND THE LITTLE STRANGE SNAIL THAT WAS SAVED BY AN ACT OF CONGRESS (OR WHATEVER IT WAS), WILL DIE.
WELL….YES. THE BANKS HAVE NO REAL MONEY TO SPEAK OF HAVING STOLEN MOST OF IT OVER TIME. SAD. BUT THE MONEY ON THE LEDGER AND OFF-LEDGER ACCOUNTS IS THERE. ONCE IT IS BACKED UP BY METAL, IT CAN BE PUT INTO THE SYSTEM AND BACK INTO CIRCULATION. OTHERWISE, IT IS A LEDGER ENTRY, AND NOT USABLE MONEY. WE ARE SPEAKING OF Q AMOUNTS THAT ARE NOT USABLE, BUT CAN BE.
SO THE MOMENT AN OFF-LEDGER ACCOUNT IS BACKED BY METAL (GOLD, SILVER, ETC), IT HAS VALUE, AND CAN BE PUT INTO THE SYSTEM AS LIVE MONEY. IN 10 MINUTES OR LESS. THAT’S WHY NO MONEY TO SEE OR SPEAK OF TO ALL WHO LOOK. VERY INSIGHTFUL OF THOSE THAT LOOKED, AND CONFIRMED THAT INDEED, THERE WAS NO MONEY. THEREFORE THE EMPEROR HAS NO CLOTHES….REALLY…
MOVING TO MORE MUNDANE TOPICS, IT IS THE SAME SLOGFEST OF FRUSTRATION AND ANTICIPATION AS USUAL, BUT NOW AT VERY HEIGHTENED LEVELS AS WE SEE SIGNALS ABOUND OF THE CHANGES BEING INSTALLED ONE BY ONE. WE GET TO HEAR SNIPPETS OF THIS MORSEL OR THAT ONE OUT THERE FROM GOOD SOURCES, AND IT DOES ALL MAKE SENSE IN THE WHOLE, SO THE PROBABILITY OF IT BEING ALL TRUE, APPROACHES 1.
AND FROM ALL INDICATORS I SEE AND THE INFORMATION I AM PRIVY TO, THIS IS INDEED SO, AND WE WILL SEE A MASSIVE CHANGE SHORTLY.
AS FOR QUESTIONS….
It appears you have been more interested in promoting projects than providing news about when we will receive our F&P and PP. Why have you seemingly skipped over F&P and P&P information, why are you putting projects before F&P, PP and leaving us out?
NO. NOW…FIGURE YEARS OF GETTING NEWS FROM SOURCES, AND THERE IS AN OBJECTION TO ONE DAY TALKING ABOUT PROJECTS AND HOW THEY FIT INTO THE MATRIX. HMMM…PERHAPS I OVERDID IT, AND IT SHOULD HAVE BEEN A MEMORABLE MENTION ONLY? AND WE DO NOT LEAVE ANYBODY BEHIND…WE ARE ALL ONE TO BEGIN WITH, SO HOW CAN YOU LEAVE YOURSELF BEHIND. THAT GETS A BUZZER. BUT YOU ARE RIGHT IN A LOT OF FRUSTRATIONAL SENSES, AND I CAN APPRECIATE IT. BUT NOW THAT PROJECTS WERE MENTIONED, AND A BIT OF THE FUTURE HAS COME IN AND PROVIDED A FINGERHOLD IN THAT PLACE, WE DO KEEP GOING WITH EVERYTHING ELSE BEFORE US AS WITHOUT THAT, PROJECTS CAN NOT HAPPEN. THE NEW SYSTEM HAS TO BE IN PLACE FOR THE PROJECTS TO REALLY LIVE AND BE OF USE AND EFFECT.
Are F&P, PP being held until projects are started? You are projecting project approval and funding within 30-60 days, does that mean we will have our F&P, PP before?
THIS PROJECT INITIATIVE HAS NOTHING TO DO WITH F&P AND PP (READ MY LAST MESSAGE AS I DID SAY THAT). NO, THE FUNDING SEQUENCE WILL BEGIN IN 30-60 DAYS WHEN ALL IS READY FOR THE INTAKE OF PROJECTS, NOT CLOSING AND FUNDING. THAT PART COMES AFTER ENGAGEMENT, SOME SORT OF INTERVIEW AND PLANNING SESSION, AND THEN IT CAN GET INTO FUNDING ONCE ALL ITEMS ARE ADDRESSED FOR LEGAL, LOCATION, BANKING, SUPPORT SERVICES, ETC. THIS IS NOT A FIVE MIN PROCESS, BUT FIGURE A FEW MONTHS OR LESS FOR FIRST FUNDS OUT TO SOME PROJECT. REALLY DO NOT KNOW WHAT THE TIMELINE WILL BE TO BUILD EVERYTHING TO BE READY TO FUND, BUT WE WILL DO IT IN THE SHORTEST TIME WE CAN.
We thought the F&P needed to occur first to kick everything off, has this changed?
EVERYTHING PRETTY MAJOR WILL OCCUR ONCE THE REDEMPTIONS BEGIN, THE SETTLEMENTS GET SIGNED OFF ON, THE RV IS ANNOUNCED, AND BASIL III INSTALLED, SO NOTHING HAS CHANGED.
We are hearing that F&P is ready, PP is ready and the RV is done. Why is everyone blaming each other for things not starting?
BROKER TALK I’M AFRAID MIXED IN WITH SOME TRUTH ABOUT SOME ELEMENT OF THE WHOLE THING THAT CAME TO LIGHT.
What is the real hold up now especially since the "Old One" has pushed the button to release all? Where are we in this payout process right now?
NO HOLD UP…JUST PROCESSING TIME – BE PATIENT. YEARS GO BY, AND NOW WE ARE LITERALLY HOURS/DAYS/WEEKS AWAY KIND OF THING. LAST MONDAY, A FEW TEST FUNDINGS DID GO OUT TO TEST THE SYSTEM.
Will F&P, PP deliveries start in July?
IF I HAD A CRYSTAL BALL, I WOULD THEN NEED TRAINING. MAYBE. CAN NOT SAY YET, BUT IS ALL VERY VERY CLOSE.
Last week you published an email address for people to send in their project requests. How can I receive information on questions I may have concerning my project proposal before I officially submit my proposal?
JUST WAIT. THE INITIAL EMAIL WILL BE ANSWERED WITH INSTRUCTIONS TO SUIT THE REQUIREMENT. IN SUCH CASE, A FORMAL REQUEST ON LETTERHEAD WILL BE SENT OUT TO YOU. THEN YOU SEND IN THE PROJECT. WHETHER YOU DO IT THEN OR NOW, IT MAKES NO DIFFERENCE.
What is the turn around time for answers to my project questions? How long before I will receive an answer on my project proposal? How long will this opportunity be available to request project funding? How can I follow up on my proposal submission status? How long before I can expect funding on my project proposal?
ONCE WE GET THE SOFTWARE INSTALLED TO HANDLE THE DATA PROPERLY AND BE ABLE TO TRACK THE PROJECT, THEN A MASS CIRCULAR WILL GO OUT TO ALL PROPONENTS PROVIDING INSTRUCTIONS FOR FURTHER PROCESSING THE FILES. THIS IS GOING TO BE A LARGE UNDERTAKING. THIS WILL KEEP GOING UNTIL EVERYBODY THAT WANTS TO DO PROJECTS IS HAPPY DOING THEIR THING. THEN BY THAT TIME, WE WILL NOT BE NEEDED AS THE ECONOMIES WILL BE FINE WITHOUT US. FUNDING TIMINGS AS BEFORE ANSWERED.
Since Poof's office is not handling project information who can I speak with in person to discuss my project?
WHEN WE ARE READY WITH THE INTAKE SYSTEM AND CAN BEGIN PROCESSING.
How many project requests have you received, examples?
THE EMAIL FOR PROJECT FUNDINGS HAS YIELDED THE INEVITABLE LARGE RESPONSE, INCLUDING THE EXPECTED “GIVE ME MONEY” STUFF. PRETTY WELL EVERYBODY ELSE WROTE WITH REAL GRASS ROOT STUFF AS TO WHAT THEY THOUGHT SHOULD BE FUNDED FROM SOUP KITCHENS, TO IINOVATIVE HOUSING FOR HOMELESS KIDS. THERE WERE A FEW MORE AMBITIOUS PROJECTS, AND THOSE HAVE BUSINESS PLANS. VERY COOL. AND IT SEEMS BY THE SUBJECT LINES, THAT THEY ARE THINKING IN THE RIGHT DIRECTIONS (I OPENED A FEW TO TAKE A PEEK).
Where is the funding coming from to fund the projects and how much funding is available?
VARIOUS SOURCES. MAIN ONE IS REDEMPTIONS OF HISTORIC ASSETS BY THE GOVERNMENTS FOR THE PURPOSE OF PROJECT FUNDINGS, OLD TRUSTS AND FOUNDATIONS THAT HAVE INDICATED FINANCIAL SUPPORT FOR THE RIGHT REASONS, AND PEOPLE NEWLY MADE MILLIONAIRES/BILLIONAIRES THAT HAVE STEPPED FORWARD ALREADY. FOR EXAMPLE, ONE FABULOUS LADY WROTE IN AN EMAIL TO DHINTAKE@GMAIL.COM AS BELOW:
My name is [DELETED].
I do not need any funding money!
I am flush with funds having sold some very valuable historical assets. [CONFIRMED CHINESE BONDS]
(I will have an endless amount of funds for humanitarian projects).
I have put in place project managers, local and international law firms, CPA's, etc.
My first objective is for free dental care and medical care for [DELETED]….. Some homes will be larger because of the number of children involved. No one has to qualify for a loan. I will carry the note and it will be based on the ability to pay…..There will be a surprise ending in 7 years.
I also have the "XXX" project and the "XXXr" project, no kill animal shelters plus many more projects. I have farm projects ongoing in XXX and XXX which is for food banks.
At this time I do not need anything from you other than information. I am currently focused on our vets, then medical and pharmaceutical assist for seniors.
I would like to speak with whomever is orchestrating your projects. I believe we can work together and do some wonderful humanitarian projects.
Also I am fully versed on trading.
My one requirement is that I remain anonymous! All honor and glory belongs to God, not me.
If you wish to speak to me, as I to you, my private number is XXXXX. Please do not under any circumstances give it out.
I TOOK OUT THE INFORMATION THAT WOULD HAVE GIVEN THIS PERSON AWAY, BUT THIS REALLY TICKLED ME AND I CALLED. WE HAD A GOOD LONG TALK AND COMPARED NOTES. YUP, CHECKED OUT ON BOTH OUR SIDES. WE WILL BE JOINING FORCES AND WORKING TOGETHER.
THERE WILL BE MANY MORE LIKE THIS THAT WILL STEP UP AND GIVE A HELPING HAND. SO, THIS IS FROM THE GROUND UP BY PEOPLE WITH THE SAME HEART AND INTENT THAT WILL NOT BATTLE INTERNET SPIRITS.
Is there any professional oversight for these projects, example accounting and auditing of funds for projects?
YUP. MAJOR ACCOUNTING FIRMS LIKE DELOITTE OR ERNEST AND YOUNG ETC WILL BE USED FOR THAT SIDE. AND GOOD TAX ATTORNEYS TO HELP STRUCTURE THE PROJECTS PROPERLY. YOU HAVE TO DO IT RIGHT OR FORGET IT.
Many folks have ask who is ZAP and is he credible?
JUST ONE OF US, WHO BECAME VERY TIRED WITH ALL THE FAKES, THE GAMES OF EGO AND SIZE, THE CONSTANT GREED, THE UNWILLINGNESS TO HELP OTHERS IN NEED, …LONG LIST. JUST VERY TIRED OF IT. WHEN THE OPPORTUNITY CAME ALONG, I GOT TO KNOW THE CHINESE ROYAL FAMILY, AND SPENT SOME TIME WITH THEM. STILL DO.
What are his credentials?
USUALLY PASSPORT AND DRIVER’S LICENSE, ALTHOUGH I HAD TO DO THE OCCASIONAL RIGHT AND LEFT THUMB PRINT ON SIGNATURE LINES. AND I HAVE A SMALL TATTOO ON MY RIGHT…WIFE THINKS ITS CUTE.
Who does ZAP represent?
JUST ME. HERE TO GIVE A HELPING HAND ONLY. WHATEVER I CAN DO TO HELP, I WILL. IT MUST BE FOR THE RIGHT REASON, AND FOR THE HIGHEST GOOD AT ALL TIMES…REMEMBER THE 3 RULES OF UPSTAIRS: BE GOOD, BE LEGAL, TELL TRUTH.
Is ZAP affiliated with any organizations other than the Humanitarian Programs and Projects?
NOPE, AND HAVE NO NEED FOR SUCH. AS A SOVEREIGN, I HAVE A RESPONSIBILITY TO OUR HUMANITY. THAT REALLY BEST DESCRIBES IT.
What is his goal and who benefits with the creation of all these projects?
TO END POVERTY AND THE 30,000 NEEDLESS DEATHS OF OUR CHILDREN WORLDWIDE MAINLY FROM STARVATION…A REALLY HORRIBLE WAY TO GO. AND WE ALL BENEFIT. ESPECIALLY THE PROPONENT OF THE PROJECT AND THE PEOPLE THE PROJECT HELPS.
How does ZAP profit from the projects?
I DON’T. MONEY? I HAVE ENOUGH. THE PROJECT AND WHAT IT CAN DO TO HELP IS THE ONLY THING I AM INTERESTED IN.
Others think the projects are not real or illegal what should I believe?
SIGH…GIVE ME A BREAK. TO EVEN CONSIDER THAT A NEW GROCERY STORE OR AN ORPHANAGE WITH A SCHOOL AND A COOL PLAYGROUND IS ILLEGAL…C’MON. BELIEVE YOUR HEART AND YOUR HIGHER SELF. THEY NEVER WILL LIE TO YOU. YOU HAVE HEARD ME THROUGH MY WORDS. THEY HAVE NOT CHANGED FOR OVER 20 YEARS, AND THEY WILL NOT CHANGE. IF YOU HEAR TRUTH IN MY WORDS AND MY WRITING, GOOD. I AM TALKING TO YOU AS I WOULD LIKE TO BE TALKED WITH.
Should I be afraid to give out my personal information for fear it may be used for some other purposes?
WHAT WOULD WE DO WITH YOUR INFORMATION OTHER THAN PUT IT ON A FUNDING CONTRACT AND COMPUTER PROJECT DATABASE. DOES NOT DO TO HAVE 500 Mr. X’s DOING PROJECTS…WOULD BE SORT OF CONFUSING.
THIS IS A DATABASE OF GOOD PROJECTS. NOT A DATABASE FOR SOME DARK EVIL FORCE INTENT TO FIND OUT WHO HAS A GOOD IDEA, AND BUAHAHAHAH…WE HAVE THEM NOW KIND OF STUFF.
THE SHEER VOLUME OF EMAILS AND PROJECTS IS LARGE, AND WILL REQUIRE MUCH STAFF TO POUR THROUGH IT, AND ESTABLISH FIRST CONTACT, AND GET THE FUNDING PROCESS STARTED.
THERE IS NO WAY IN THE WORLD THAT I CAN DO THIS ALONE WITH THE PEOPLE AROUND ME. FIRST, IT WOULD NOT BE FAIR TO PULL THEM OFF THEIR DAILY WORK TO DEVOTE THEMSELVES TO THIS WHEN THE FUNDING IS NOT FULLY IN PLACE (THEY NEED TO PAY BILLS TOO), AND SECOND, THIS WILL NEED A DEDICATED NUMBER OF EXPERTS IN VARIOUS FIELDS PTO PROVIDE THE BACK OFFICE SUPPORT SYSTEMS EACH PROJECT WILL REQUIRE.
THE WEBSITE NAME IS ALREADY RESERVED, AND IN ABOUT 30 – 60 DAYS OR SO, WE WILL HAVE BUILT THE SITE THAT WILL AUTOMATICALLY ACCEPT PROJECT INTAKE ONLINE. NOW THAT IS THE END GOAL, BUT IN THE MEANTIME, I THOUGHT IT WAS TIMELY TO LET EVERYBODY KNOW THAT THIS TIME IS UPON US, AND GET READY FOR IT.
Could you inform us of some of the events that occurred last week and where that puts us now?
FEDERAL RESERVE VOTE 12-0 TO INSTALL BASIL III AND ALSO VOTED TO REVALUE THE DINAR. THAT’S PRETTY VISIBLE. THIS SET THE FOUNDATION FOR WHAT IS TO COME.
When can we expect to see something publicly?
I WOULD SAY FAIRLY SOON STUFF WILL BEGIN MAKING INTO NEWSPAPERS OTHER THAN THE OFFICIAL ANNOUNCEMENTS OF THINGS LIKE THE FED VOTE. REALLY DO NOT KNOW WHAT STUFF WILL SHOW UP FIRST. SORRY…IF I HAD A CRYSTAL BALL…
AGAIN VERY SOON.
RIGHT AFTER THE RV ANNOUNCEMENT.
What is the time frame for us to be 100% in the new banking system, July?
YES. THE REGULATIONS FOR THE NEW SYSTEM WERE LET OUT MONTHS AGO (I KNOW THIS) IN PREPARATION FOR THE ACTIVATION OF THE NEW SYSTEM. I AM INVOLVED IN BANKING AND “PLATFORMS”, AND A FEW OTHER THINGS, SO MY INFORMATION COMES DIRECTLY FROM THE VARIOUS GOVERNMENTS, AGENCIES, AND CHINESE FAMILY. THAT INFORMATION HAS ALWAYS CORRELATED WITH WHAT THE FAMILY SAID. IT HAS ALWAYS BEEN 100% TRUTH. THEY ARE VERY PROUD OF THAT RECORD (THE REAL CHINESE FAMILY).
BY THE WAY, THIS “OPPT” THING I AM UNFAMILIAR WITH, BUT WHATEVER IT IS, I WOULD BE INTERESTED TO KNOW MORE. I DO NOT SURF THE NET BY THE WAY, AND I GET EMAILS OF STUFF FROM TIME TO TIE THAT PEOPLE THINK I SHOULD BE AWARE OF.
ZAP WILL BECOME VISIBLE SOMETIME AS WE MOVE FORWARD, AS THE CHARACTER OF ZAP WILL NO LONGER BE NEEDED, AND YOU WILL SEE MY NAME AND THE PEOPLE THAT HAVE COME AND GATHERED TO DO THIS WORK AT THIS TIME, AND REALLY PROVIDE THE HELPING HAND THAT EVERYBODY TALKS ABOUT, WANTS TO DO, BUT HAS NO MEANS.
WE DO. AND WE SHARE WHAT WE HAVE FOR ALL OUR COLLECTIVE BENEFIT.
SO THE WEBSITE WILL GO OUT, ERNEST AND YOUNG OR PRICE WATERHOUSE WILL ACT AS OUR AUDIT GUYS, OUR TAX LAWYERS WILL BE WORLD CLASS, AND CHOICE OF BANK IS TILL A QUESTION MARK….TOUGH ONE THAT. WE WILL SEE.
Friday, 12 July 2013 15:44
US Banking Reforms Status! July 12/13
Testimony of Under Secretary for Domestic Finance Mary J. Miller Before the Senate Co
Home » Press Center » Press Releases » Testimony of Under Secretary for Domestic Finance Mary J. Miller Before the Senate Committee on Banking, Housing, and Urban Affairs
Testimony of Under Secretary for Domestic Finance Mary J. Miller Before the Senate Committee on Banking, Housing, and Urban Affairs
WASHINGTON - Chairman Johnson, Ranking Member Crapo, and members of the Committee, thank you for inviting me to testify today on behalf of the Treasury Department.
Almost three years ago, President Obama signed into law a historic set of reforms to make our financial system stronger and more stable. As I testified before the Committee earlier this year, we have made considerable progress towards achieving those objectives through implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. While additional work remains to be done and we must always remain vigilant to potential emerging risks in financial institutions and markets, we are much closer to the end of this process than the beginning.
Many of the key reforms have already been finalized, with additional pieces falling into place on an ongoing basis. The Consumer Financial Protection Bureau is operational and has taken important steps to provide clarity on financial products for American consumers and rein in unfair, deceptive, and abusive practices. Despite funding constraints, the SEC and CFTC are using the expanded enforcement authority granted under Dodd-Frank. The bank regulatory agencies have just finalized key rules strengthening the quality and quantity of capital that banks are required to hold. A new framework for regulatory oversight of the over-the-counter derivatives market is largely in place, with swap dealers registering with the CFTC and certain interest-rate and credit-index swap transactions moving to central clearinghouses, reducing overall risk to the financial system.
The public is already beginning to see the benefits of reform through a safer and stronger financial system and a broader economic recovery. Although the financial markets have recovered more strongly than the overall economy, the economic recovery is gaining traction. Private sector payrolls have increased by more than 7 million jobs from the low point in February 2010, marking the 40th consecutive month of private-sector job growth. The unemployment rate, while still too high at 7.6 percent, has fallen almost 2.5 percentage points since its October 2009 peak of 10.0 percent. The recovery in the housing market appears to be taking firm hold as measured by rising home prices, stronger sales, and a declining number of delinquencies and defaults.
Although we have made good progress, we must intensify our efforts to complete the remaining pieces of financial reform as quickly as possible and stand ready to identify and respond to new threats to financial stability. We must also continue to work with our international counterparts to promote strong and consistent global approaches to financial regulation and encourage them to move swiftly towards the completion and implementation of key reforms in their jurisdictions.
I would like to update the Committee on several important regulatory developments since I appeared before you in February. In April, the Financial Stability Oversight Council released its 2013 annual report, which both identified potential emerging threats to financial stability and made recommendations to enhance the stability of the financial system. In May, Secretary Lew testified before this Committee on the Council’s report.
At the beginning of June, the Financial Stability Oversight Council voted to make proposed designations of an initial set of nonbank financial companies under section 113 of the Dodd-Frank Act. Companies subject to a proposed designation had 30 days to request a hearing prior to the Council making a final determination. Earlier this week, the Council made final designations of two companies in this initial set that did not request hearings, American International Group, Inc. and General Electric Capital Corporation, Inc. With respect to one other company currently subject to a proposed designation that requested a hearing, the hearing will be conducted no later than early August with a final decision by the Council no later than the beginning of October. This is an ongoing process, and the Council will continue to evaluate other companies for potential designation.
The Council’s work on the designation of nonbank financial companies helps put us in a better position to address potential threats to the financial system. Large, complex nonbank financial companies that the Council determines could pose a threat to U.S. financial stability will be supervised on a consolidated basis by the Board of Governors of the Federal Reserve System and subject to capital requirements and other enhanced prudential standards.
Last week, the Federal Reserve finalized an important set of rules codifying the Basel capital requirements for banks and bank holding companies, and the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency followed suit earlier this week. Also, the banking regulators proposed a leverage requirement earlier this week as a companion to the Basel capital requirement, which is necessary to further the cause of safety and soundness in the financial system. I will defer to my colleagues on the panel to discuss the details of these rules, but the progress we have made on both a significantly stronger capital regime and the expansion of the supervisory umbrella to cover designated nonbank financial companies are key developments in making our financial system more resilient and protecting the American economy from the harm of another crisis.
In February, I also highlighted the Council’s work on money market mutual fund reform. At the end of 2012, the Council issued proposed recommendations on money fund reforms for public comment. The comment period on those recommendations closed shortly after I testified. In its annual report, the Council recommended that the SEC consider the views expressed by commenters on the Council’s proposed recommendations. Throughout this process, we have made it clear that the SEC is the primary regulator and should take the lead in driving reforms. In June, the Securities and Exchange Commission proposed regulations that are intended to reduce the risks presented by money funds. This is an important next step in the process. Public comments on the SEC’s proposal will provide important feedback and information for the SEC to consider in developing a final rule.
In June, Treasury’s Federal Insurance Office released its first annual report on the insurance industry. The report examines the principal sectors of the insurance industry, reviews key legal and regulatory developments affecting the insurance industry in the United States and internationally, and discusses current and emerging trends that could significantly impact the industry and the stability of the U.S. financial system. The Federal Insurance Office has also been working to complete its report on the modernization and improvement of the system of insurance regulation in the United States.
In addition, the Federal Insurance Office is working on the international front to represent U.S. interests in the development of international insurance standard-setting and financial stability activities. The Office has worked and will continue to work closely and consult with state insurance regulators on these efforts. The Office has been involved in the work of the International Association of Insurance Supervisors to develop the methodology for the identification of global systemically important insurers (G-SIIs) and the policy measures to be applied to any designated G-SII. The Federal Insurance Office’s international involvement has played an important complementary role to the progress that the Financial Stability Oversight Council has made domestically in the designation of nonbank financial companies.
I would also like to highlight for the Committee a few areas where Treasury intends to direct significant attention and resources during the remainder of the year to complete key outstanding pieces of reform. Secretary Lew, in his capacity as Chairperson of the Council, is responsible for coordinating the regulations issued by the five rulemaking agencies – the Federal Reserve, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Securities and Exchange Commission, and the Commodity Futures Trading Commission – to implement Section 619 of the Dodd-Frank Act, commonly referred to as the Volcker Rule. Starting from his first day in office, Secretary Lew has convened meetings with the heads of the rulemaking agencies to stress the importance of finishing work on the Volcker Rule. Finalizing the regulations will continue to be a top priority for the Secretary and the Treasury Department. Successful completion of this work will impose needed limits on banks’ ability to engage in speculative trading activities and relationships with private equity and hedge funds for their own benefit rather than for the benefit of their customers.
Secretary Lew is similarly responsible for coordinating the rules to implement Section 941 of the Dodd-Frank Act. The risk-retention rule generally requires issuers of asset-backed securities to retain an interest in the asset-backed securities they sell to third parties. Staff from Treasury, the bank regulatory agencies, the Federal Housing Finance Agency, the Department of Housing and Urban Development, and the SEC have met regularly to review comments, analyze data, and coordinate on drafting the rule. Completion of these regulations is a priority for the Treasury Department and in particular Secretary Lew, who convened the heads of the rulemaking agencies to discuss work on these rules last month.
Treasury will also continue to engage closely with our regulatory counterparts in the United States and internationally to strengthen our ability to wind down failing financial companies while minimizing the negative impact on the rest of the financial system and the economy. The bankruptcy process, aided by the Dodd-Frank Act’s living wills requirement, continues to be the preferred method for resolving failing financial companies. All of the firms that are required to submit living wills will have done so by the end of this year, and the largest 11 bank holding companies will submit their second round of living wills this fall, providing an additional tool to facilitate their orderly resolution through bankruptcy should they fail.
However, in the case where bankruptcy is unable to resolve a failing company without imposing serious adverse effects on U.S. financial stability, the Dodd-Frank Act’s orderly liquidation authority provides critical new authorities to allow firms to fail, no matter how large and complex. Treasury, the Federal Reserve, the FDIC, and other financial regulatory agencies will continue to engage in extensive preparations and conduct rigorous planning exercises and simulations to be fully prepared to wind down any financial company whose failure could threaten the stability of our system. In these simulations, the agencies have focused on resolving a company consistent with Dodd-Frank’s important requirement that no taxpayer funds shall be used to prevent the liquidation of a financial company. Moreover, the law requires that losses be borne by creditors and shareholders of the company and, if necessary, the financial sector. This means that taxpayers will bear none of the losses.
Treasury and the regulators will also continue to closely collaborate with our international counterparts through forums like the Financial Stability Board and on a bilateral basis to address obstacles to resolving large, cross-border firms. One example is the FDIC’s recently signed memoranda of understanding with its counterparts in Canada and the United Kingdom defining the scope of information-sharing and cooperation in resolving internationally active insured depository institutions and certain other financial companies. Continued diligence and progress on this front will be essential to making the orderly liquidation authority an effective and reliable tool for winding down a failing company and mitigating threats to U.S. financial stability.
The Dodd-Frank Act provides valuable new authorities to help protect our financial system. The Financial Stability Oversight Council’s mission is to identify and respond to emerging threats to the stability of the United States financial system. It is actively carrying out those duties, as reflected both in its annual reports that it submits to Congress and its activities such as the designation of nonbank financial companies. Living wills and stress tests are the new rules of the road for bank holding companies, providing the companies, regulators, the marketplace, and the public with valuable information they previously lacked. These are not just one-time requirements. They are conducted on an annual or semi-annual basis, which will provide information about discrete points in time as well as long-term comparisons.
By the end of this year, we expect to approach the point of substantial completion of implementation of the Dodd-Frank Act. That does not mean we will be able to relax our guard. Constant evolution in the financial system and the activities of financial institutions will require regulators to be flexible and ready to address new threats to the financial system.
EXOGEN ON JULY 12, 2013 AT 12:59 PM
INTEL DIRECT FROM AGENCY LESS THAN 30 MINUTES AGO
1. IRAQ NEEDED A 3 DAY HOLIDAY
2. EVERYTHING HAS BEEN RELEASED
3. GLOBAL RESET IS COMPLETED
4. WE SHOULD EXCHANGE ON MONDAY
THIS MATCHES THE EARLIER POST THAT WAS A RUMOR FROM A WEBSITE
[7/13/13 4:07:06 PM] FOREX & DINAR UPDATE
> [3:59:06 PM] Randeee: PURAVIDA wrote:
I would like to clear up a few misconceptions and that some people seem
to have picked up about how FOREX works in regard to how the IQD will
appear. I have been a FOREX trader for 8 years and I own my own
international FOREX platform - the full spectrum kind.
FIRST: FOREX resets every afternoon after the US market closes at around
1600 hours EST for about 30 minutes - at that time is when they usually
make adjustments, NOT AT 0200.
SECONDLY - If they make any additional adjustments then they are made
through an announcement or a FLASH message to all IB's or platforms on
the circuit telling them that they will shut down from a specific time
to a specif time for a reset - in the past that has been given to us in
advance by at least 4-6 hours.
THIRD - Since the IQD is a new currency, and there is no previous BUYS
or SELLS or OFFERS, there is no need to CLEAR previous business, which
means that they will just issue the currency pairs - USD/IQD, EUR/IQD,
GBP/IQD as EXAMPLES ONLY. This means that they may shorten the
notification time to less than an hour -
FOURTH - As a platform owner we do not have to do anything - it is
loaded from our financial service providers to our servers AUTOMATICALLY
and we are good to go.
FIFTH - IMO I believe that the banks and FOREX will go simultaneously -
the reason being is that banks now have the capacity to trade on FOREX -
and they are not going to waste one second, not using that to their
advantage of the rate change. There is a PIP spread on FOREX, that is
how I make money and that is how the banks will make ADDITIONAL money as
well - think of it as the "vig."
I hope this helps - I trade around the clock and have alarms set for any
notifications - so YOU can be sure if it is announced I will know.
FYI....this is a post from tony's new site...TNT Dinar
[7/13/13 4:12:57 PM] Linda T: On 7/13/13, at 4:11 PM, SunnyOne wrote:
> [11:35:21 AM] Vicki: [harleyrider] I just received this e-mail. JUST
GOT THE PHONE CALL: ALL SYSTEMS ARE GO. MONEY SHOULD BE FLOWING ON
MONDAY. REMEMBER TO GET US TREASURY NOTES, NOT US FEDERAL RESERVE NOTES.
JUST IN: DR. SHABIBI WILL Announce Iraqs Int'l RV their Sunday
afternoon-evening... the call centers are all closed today first time in
months and are told they will be open Sunday afternoon as official
Appointment Centers... Countries are now DONE per IMF WGS requirements,
RV is DONE, PPs letters ready for delivery is DONE, WE ARE DONE. BofA,
Chase, and Citibank will also have call centers walk ins off the street
will be given a # to call for appt.
[11:40:22 AM] lynncool: [Already Blessed] TONY-Highlights from Maliki's
Announcement Today 7-13-13.. - New Economical World...Iraq will provide
the economy and meet the needs as a requirement by the UN for release of
Ch7. Iraq will enter the World's Market Stage on Monday (July 15, 2013)
which means the Foundation for the Global Economies So...Just because
this goes into effect on Monday (our Sunday night)...doesn't mean that
we have to wait till Monday to hear about it! - There were a ton of
currencies that revalued late last night and we should be getting a list
of those soon. Tony
Last Updated on Saturday, 13 July 2013 17:24
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