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Trump Signs S. 2779 into Law ZIM News

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The Iraqi dinar exchange globally on Wednesday Aug 1, 2018

Some TRUTH about Medical Devices. The Bleeding Edge


Trump poised to take control of the Federal Reserve

-President Trump sharply criticized the Federal Reserve this week, saying interest rate increases are hurting the economy.
-Trump will have the opportunity to fashion the central bank in the image he would like as he has four vacancies to fill on the board of governors.
-The result could be a more politicized Fed.

President Donald Trump has multiple reasons as to why he should take control of the Federal Reserve. He will do so both because he can and because his broader policies argue that he should do so. The president is anti-overregulating American industry. The Fed is a leader in pushing stringent regulation on the nation. By raising interest rates and stopping the growth in the money supply it stands in the way of further growth in the American economy.

First, He Can
The Board of Governors of the Federal Reserve is required to have seven members. It has three. Two of the current governors were put into their position by President Trump. Two more have been nominated by the president and are awaiting confirmation by the Senate. After these two are put on the Fed’s board, the president will then nominate two more to follow them. In essence, it is possible that six of the seven Board members will be put in place by Trump.

The Federal Open Market Committee has 12 members and sets the nation’s monetary policy. Seven of the 12 are the members of the Board of Governors. Five additional are Federal Reserve district bank presidents. Other than the head of the Fed bank in New York, who was nominated by the president, the other four can only take their positions as district bank presidents if the board in Washington agrees to their hiring. One of these, the Fed Bank president in Minneapolis, Neel Kashkari, is already arguing for no further rate increases.

Second, Regulation
Following the passage of the Dodd Frank Act in July 2010, the Fed was given enormous power to regulate the banking industry. It moved quickly to implement a number of new rules. The Fed set up a system that would penalize banks that failed to obey its new rules. These rules included setting limits as to how big an individual bank could be; how much money the banks had to invest in fed funds and Treasurys as a percent of their assets; which loans were desirable and which were not; where the banks had to obtain their funding and many, many, more up to and including how much a bank could pay its investors in dividends.

These rules have meaningfully slowed bank investments in the economy (the Volcker Rule) and they have had a crippling effect on bank lending in the housing markets (other agencies have had an impact here also).

Thus, of all of the government agencies the Fed has been possibly the most restrictive. The president has already moved to correct these excesses by putting in place a new Fed Governor (Randal Quarles) to regulate the banking industry.

Three, Killing Economic Growth
In the second quarter of 2018, the growth in non-seasonally adjusted money supply (M2) has been zero. That’s right, the money supply did not grow at all. This is because the Fed is shrinking its balance sheet ultimately by $50 billion per month. In addition, the Fed has raised interest rates seven times since Q4 2015. Supposedly there are five more rate increases coming.

This is the tightest monetary policy since Paul Volcker headed the institution in the mid-1980s. It will be recalled his policies led to back-to-back recessions. Current Fed monetary policy is directly in conflict with the president’s economic goals.

Moreover, the Treasury is estimating it will pay $415 billion in interest on the federal debt in this fiscal year. A better estimate might be $450 billion if rates keep going up. There are a lot of bridges and tunnels and jobs that could be created with this money.

Then there is inflation. It is likely to rise if the Fed eases its policies. If that happens paying down the federal debt becomes easier. On a less desirable note, higher interest rates lower real estate values. Lower rates that stimulate inflation increase real estate values.

Bottom Line
The president can and will take control of the Fed. It may be recalled when the law was written creating the Federal Reserve the secretary of the Treasury was designated as the head of the Federal Reserve. We are going to return to that era. Like it or not the Fed is about to be politicized. source


BREAKING: YELLOWSTONE PARK DECLARES EMERGENCY MASSIVE FISSURE SPARKS URGENT PARK EVACUATION


H.R.5404 - To define the dollar as a fixed weight of gold.

Congress finds the following:

(1) The United States dollar has lost 30 percent of its purchasing power since 2000, and 96 percent of its purchasing power since the end of the gold standard in 1913.

(2) Under the Federal Reserve’s 2 percent inflation objective, the dollar loses half of its purchasing power every generation, or 35 years.

(3) American families need long-term price stability to meet their household spending needs, save money, and plan for retirement.

(4) The Federal Reserve policy of long-term inflation has made American manufacturing uncompetitive, raising the cost of United States manufactured goods by more than 40 percent since 2000, compared to less than 20 percent in Germany and France.

(5) Between 2000 and 2010, United States manufacturing employment shrunk by one-third after holding steady for 30 years at nearly 20,000,000 jobs.

(6) The American economy needs a stable dollar, fixed exchange rates, and money supply controlled by the market not the government.

(7) The gold standard puts control of the money supply with the market instead of the Federal Reserve.

(8) The gold standard means legal tender defined by and convertible into a certain quantity of gold.

(9) Under the gold standard through 1913 the United States economy grew at an annual average of four percent, one-third larger than the growth rate since then and twice the level since 2000.

(10) The international gold exchange standard from 1914 to 1971 did not provide for a United States dollar convertible into gold, and therefore helped cause the Great Depression and stagflation.

(11) The Federal Reserve’s trickle down policy of expanding the money supply with no demand for it has enriched the owners of financial assets but endangered the jobs, wages, and savings of blue collar workers.

(12) Restoring American middle-class prosperity requires change in monetary policy authorized to Congress in Article I, Section 8, Clause 5 of the Constitution.

SEC. 2. DEFINE THE DOLLAR IN TERMS OF GOLD.

Effective 30 months after the date of enactment of this Act—

(1) the Secretary of the Treasury (in this Act referred to as the “Secretary”) shall define the dollar in terms of a fixed weight of gold, based on that day’s closing market price of gold; and

(2) Federal Reserve Banks shall make Federal Reserve notes exchangeable with gold at the statutory gold definition of the dollar.

SEC. 3. DISCLOSURE OF HOLDING.

During the 30-month period following the date of enactment of this Act, the United States Government shall take timely and reasonable steps to disclose all of its holdings of gold, together with a contemporaneous report of any United States governmental purchases or sales, thus enhancing the ability of the market and of market participants to arrive at the fixed dollar-gold parity in an orderly fashion. source
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7/15/2018 Frank26 Update

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Iraq: Protests rage over poor public services, unemployment Video

An Insider View of News from the top - where programming comes from
After this episode there should be little doubt in any mind what news is, where is comes from and what it is designed to do. It comes from the top of a hierarchy and it is designed to sway public opinion… or in a word - PROGRAMMING. It is what it is and that is all that it is.

SPOTTED: Hillary & Bill Clinton were filmed while flying COMMERCIAL.
Their security was nowhere in sight.
Where are they going? And why are they flying commercial?
Are they “dead broke"? Or was Jeffrey Epstein’s plane not available? Video

Cult of the White Lab Coat

CONGRESS DEMANDS THE INDICTMENT OF HILLARY CLINTON Video

A Story About How America Was Almost Destroyed By Criminals. Time to HEAL

KTFA Members "News and Views" Thursday Morning 7-5-18

4 July, 2018 “OWN YOUR PART” Tank

7/4/2018 American Contractor Intel Report

7/2/2018 Yosef: on ZIM

6/29/2018 The Future of Cryptocurrencies: A Bloomberg event in London Video

Guess Which Bank Just Froze My Funds

China Stocks Enter BEAR MARKET! Deutsche Bank Hits RECORD LOW! Bank Stocks FALL!
 

6-26-2018 Newshound Guru Frank26 Update in Comment/Forum section bottom of page > www.iqdcalls.com/frank.html

Wells Fargo fined by SEC over investment sales misconduct More Wells Fargo Fraud

The Bilderberg Plan to Force Us on the Digital Grid
 

Information on the Iraq Election

xchange rate of the dinar against the US dollar in local trades

5/29/2018 Testimonial - Kuwait Dinar RV/RI

I think everybody should get rich and famous and get everything they dreamed so they can see that's not the answer -Jim Carrey

Central Bank of Iran has allowed for a minor increase in its rate Central Bank of Iran has allowed for a minor increase in its rate

Why Your Legal Name is Written in All Capital Letters Video/Article

School Shootings possible Solution

Romans 1:25 Who changed the truth of God into a lie, and worshipped and served the creature (New Age?) more than the Creator... More

5/18/2018 10 IQD Lower Denomination Note Showed up again

About the Art of Bunk

4/12/2018 Zim NEWS ‘Bond notes to stay’ / Zim finance minister says 'bond notes aren't going anywhere' Video & News Articles

Organic Token - Digital Cryptocurrency Video Update

Origins of Easter Sunday, Christmas and April Fool's Day

3/30/18 Restored Republic via a GCR Transcript

About The Zimbabwean One Hundred Trillion Dollars Bank Note


"I Communicated w/ Both Kim and Anna" by Funky Pretzel - 3.26.18


NWO vs One World Order | Megaregions & the Future of Humanity - A quick breakdown of the difference between the New World Order and the One World Order. The future of humanity. Video 9min

Fake Alien invasion coming Video


March 9, 2018 Cash May Disappear in China as Payments Go Digital, People's Bank of China Says

Just because China’s financial regulators are cracking down on cryptocurrencies doesn’t mean they’re souring on the idea of digital money.

People’s Bank of China Governor Zhou Xiaochuan made that clear at a press conference in Beijing on Friday, saying physical cash may one day become obsolete. Zhou said the PBOC is looking into digital currencies as it pursues faster, cheaper and more convenient payment methods, even as he warned that cryptocurrencies like Bitcoin -- more often used for speculation than payments -- don’t serve the economy.

“We must prevent major mistakes that would lead to irreparable losses, so we are cautious," Zhou said during what may be one of his last public appearances before his expected retirement. "We don’t like creating products for speculation and making people have the illusion that they can get rich overnight."

China, once home to the world’s most active Bitcoin exchanges, banned the venues last year amid a broad-ranging clampdown on virtual currencies. Yet the country is still the world leader in digital payments, thanks to the popularity of platforms developed by tech giants Alibaba Group Holding Ltd. and Tencent Holdings Ltd. source Bloomberg News

Iraq News & more 2/25/2018  Audio/Video & Articles

2/19/18 Dinar & Iraq News Audio & Articles

TANK AND KIM WERE RIGHT ALL ALONG

AETHEREAL - The Battle for Heaven and Earth (Cosmology Documentary) Videos

FOCUS – by Tank

Neil Keenan The Global Collateral Accounts (GCA) - History & Events Timeline Videos & Transcript

The Best Places To Exchange Currency

Jordan Maxwell's Final Interview Audio / Video

Flashback to 1988: “Get Ready For A World Currency by 2018″ – The Economist Magazine! Video & Transcript


New digital technology doctors can check live inside the body. Video

The President John F. Kennedy Assassination Records Collection
www.archives.gov/research/jfk

10/23/17 Ex-HSBC executive found guilty of fraud in $3.5 bln currency trade Banksters

New US Dollar Currency Note Project

Kurd Independence Vote - Progress Or Danger? Ron Paul Liberty Report

Kurds in Iraq have overwhelmingly voted for independence, defying nearly every other country in the region and beyond. Is It a good sign that the maps drawn after WWI may be re-drawn to reflect new realities, or is danger and war on the horizon?

Iraq prime minister declares Tal Afar, Nineveh province free of Daesh

Iraqi forces flash the victory sign as they advance towards the al-Ayadieh area, north of Tal Afar, on August 30, 2017. (Photo by AFP)
Iraqi forces flash the victory sign as they advance towards the al-Ayadieh area, north of Tal Afar, on August 30, 2017. (Photo by AFP)

Iraq’s Prime Minister Haider al-Abadi says the northern city of Tal Afar and the entire Nineveh province have been purged of the Daesh Takfiri terrorist group.

“Tal Afar has been liberated. We say to the Islamic State (Daesh) fighters: Wherever you are, we are coming for you and you have no choice but to surrender or die,” Abadi said in a statement released on Thursday.
The recapture of Tal Afar was made possible with the help of the Iraqi army, Federal Police, counterterrorism units, volunteer troops, and Rapid Response Forces, Abadi said.

"Our happiness is complete, victory has arrived and the province of Nineveh is now entirely in the hands of our forces," the Iraqi premier added.

Abadi also expressed Baghdad’s resolve to liberate all Iraqi territory and keep up its firm stance against terrorists who pose a threat to the entire region.

Announcing that Tal Afar had "regained its place in the national territory,” Abadi noted, "We pledge to you, our people, that we will continue to liberate every inch of Iraq."


Iraqi forces take position on a road as they advance towards Al-Ayadiah village near Tal Afar, during an operation to retake the city from Daesh group on August 29, 2017. (Photo by AFP)

Iraqi forces take position on a road as they advance towards Al-Ayadiah village near Tal Afar, during an operation to retake the city from Daesh group on August 29, 2017. (Photo by AFP)
Tal Afar, situated about 150 kilometers from Syria's border, was among the last Daesh-held cities in Iraq. The liberation of Tal Afar deprives Daesh of what was once a key supply route between its territory in Syria and Iraq.

Iraqi army soldiers and allied fighters from Popular Mobilization Units have been leading a major operation to rid the country of the Takfiri elements.

Iraqi forces launched the Tal Afar liberation operation on August 20, one month after fully recapturing the country’s second biggest city, Mosul, which was Daesh’s so-called “capital” in Iraq.

Daesh unleashed a campaign of death and destruction in Iraq in 2014, but it is currently retreating from much of the territory under its control in the Arab country due to recent advances made by the Iraqi forces on the battlefield.   source


8/22/17 TDA: First exclusive interview with Randall Beane unlawfully detained political prisoner exposing court Replay


Government of Iraq‏ @IraqiGovt PM @HaiderAlAbadi praises the development of Iraq's economy and encourages investment and diversification in his weekly press conference:
"Iraq also exited from the UN's Chapter Seven"

See video https://twitter.com/iqdcalls


8/9/2017 TDA Treasury Direct Account Update page


7/30/2017 Encouragement From DebTarHeelGirl Sunday AM: "It's a World Event and It's Real!"

DebTarHillGirl: REST my precious peeps, just choose to rest and get off the roller coaster of what this guru says vs. what another one says. Stay away from the fights as its empty and a waste of brain cells to try to figure out who is right or who is wrong.

I know folks who have been hospitalized over the stress of following this 24/7. I know folks who can't rest from the phone calls, asking what's new or did you hear this or that 3+ times a day. Is that really productive?

I sadly know a few couples who have actually divorced over the one living on the computer, always in the chat rooms and skype rooms, neglecting family priorities, discussing intel with unseen faces, fighting over the intel and letting it control their waking hours - how sad eh?

That's why I write this folks, don't let this venture take you into the negative to where you experience effects like this.

Sincerely, I suggest stop saying its been delayed again when YOUR "intel" didn't come to pass.
....
This is a global event - the real info that "each poster" or "conference call guru" has spoken has never never yet once come to pass or proven real... think about it. I say that with all sincerity.

The original guru's such as Freeway Bill, Sooner fan and others, do you see them posting intel as they used too? NO because the level of those in charge can't be penetrated nor the real info given out.

ASSUMPTION is the issue. Why be guilty of assumption? We all have a lesson to learn here = TRUST. Therefore confidentiality of the who, what, when, where, why, and how's will never be put out in public.

Iraq has to wait on the "go word" also. Do you not realize if Iraq was in charge, as impatient and crude as they are, this would have been long over with no after thought of other nations needing to RV with them?

I don't mind anyone emailing me asking me for prayer in this endeavor. I will never turn you away or judge you. Been there, done that, have to fight it off in this wait as you do. I have some advice to encourage you but for you to think about.....

Let this process continue to unfold. IT'S A WORLD EVENT AND ITS REAL AND ITS SUDDENLY GOING TO MANIFEST - so look at it with a global perspective.

When its perfected in God's eyes, nothing missing, nothing broken, totally protected, perfected and done, and not before, this RV will come into our hands.

I pray you are ready to be accountable to received God's wealth as He trusted you enough to pick you to be a part, are you prepared to take good care of this wealth?

All my best to you,
Debbie


Wells Fargo commits more FRAUD on it's depositors, account holders and customers

July 28,2017 More than 800,000 people who took out car loans from Wells Fargo were charged for auto insurance they did not need, and some of them are still paying for it, according to an internal report prepared for the bank’s executives. more


7/26/2017 Treasury Direct Accounts


Wells Fargo Gets Regulatory Questions After Data Breach


THE COMING GREAT DECEPTION Rise of the Fallen Angels the Nephilim & the Return of the Days of Noah Video


Islamic State cornered in Mosul as Iraq prepares victory celebrations
Islamic State fighters were battling to hold on to the last few streets under their control in the Old City of Mosul on Monday, making a doomed last stand in their former Iraqi stronghold.

In fierce fighting, Iraqi army units forced the insurgents back into a shrinking rectangle no more than 300 by 500 meters beside the Tigris river, according to a map published by the military media office.

Smoke covered parts of the Old City, which were rocked by air strikes and artillery salvos through the morning.

The number of Islamic State (IS) militants fighting in Mosul has dwindled from thousands at the start of the government offensive more than eight months ago to a mere couple of hundred now, according to the Iraqi military.

Iraqi forces say they expect to reach the Tigris and regain full control over the city by the end of this week. Prime Minister Haider al-Abadi is expected to visit Mosul to formally declare victory, and a week of nationwide celebrations is planned.

Mosul is by far the largest city captured by Islamic State. It was here, nearly three years ago to the day, that it declared the founding of its "caliphate" over parts of Iraq and Syria.

With Mosul gone, its territory in Iraq will be limited to areas west and south of the city where some tens of thousands of civilians live.

"Victory is very near, only 300 meters separate the security forces from the Tigris," military spokesman Brigadier General Yahya Rasool told state TV.

Abadi declared the end of Islamic State's "state of falsehood" on Thursday, after the security forces took Mosul's medieval Grand al-Nuri mosque.

It was from here that Islamic State leader Abu Bakr al-Baghdadi made his first and only video appearance, proclaiming himself "caliph" - the ruler of a theocratic Islamic state - on July 4, 2014. source


Executive Order 13303 of May 22, 2003 Protecting the Development Fund for Iraq and Certain Other Property in Which Iraq Has an Interest / Official Link: https://www.treasury.gov/resource-center/sanctions/Documents/13303.pdf


Australian Mainstream Media Discuss Possibility of Bitcoin Replacing US Dollar article


Paradigm Shifting & Are we Ready?

4/17/2017 Al Hodges & Michael Cottrell Update - RV/GCR & Private Exchanges... FRAUDULENT
ACTIVITIES.

Seven Wells Fargo Managers in Board’s Review—and Their Fates

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David Icke: The 'Fake News' Hoax - The System is Desperate

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Yosef busted fallout

Hilarious Trump Christmas Parody “It’s The Most Wonderful Time in 8 Years” Video link w/ lyrics

Is heaven literally closer than we think? Magellan

TRUMP MEETS WITH ‘FED KILLER’ AND THE FEDERAL RESERVE BANKSTERS ARE FREAKING OUT Short Video

INTRODUCING THE NEW $20, $10, AND $5!

Ron Paul Myth-Busters: Thanksgiving - What you're not supposed to know

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How to choose a wealth manager. Link


Ron Paul reveals hit list of alleged ‘fake news’ journalists

Caution Main Lamestream media is trying to divide America

Consumer Alert Office Depot caught recommending costly bogus computer repairs


Rob Kirby-Massive Fraud 8,000 Tons of Paper Gold Dumped on Market Video

Donald Trump's tweets and more...

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Who Is Funding the Dakota Access Pipeline? Video

The Incriminating History Lesson on Money They Can't Teach in School. You better believe they will ABSOLUTELY NOT teach this in school! It'll become painfully clear why. There is NO DOUBT: If THIS house of cards falls, the entire world will feel the catastrophic effects! Video


10/15/2016 Ohio State announces plans to stop doing business with Wells Fargo

Wells Fargo’s John Stumpf resigns, still makes millions

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RT NEWS and or United Nations (UN) Webcast / Web TV Live & On-demand

Pentagon paid PR firm $540mn to make fake terrorist videos


What Now for China as Renminbi Joins SDR?
Since being admitted to the IMF’s elite currency club, Beijing has prioritized GDP growth over structural reforms. Article

China’s Ambitious Plan to Make the Yuan the World’s Go-To Currency

Beat Stress & Boost Happiness


The Incriminating History Lesson They Just Can't Teach in School
You better believe they will ABSOLUTELY NOT teach this in school! It'll become painfully clear why. There is NO DOUBT: If THIS house of cards falls, the entire world will feel the catastrophic effects! Video


Bible changed / Changing the Word / Total Onslaught - Walter Veith


Wells Fargo will pay $190 million to settle customer FRAUD case


Racism destroyed in a minute


US to send 560 more troops to Iraq to retake ISIS stronghold July 11 2016

7/6/2016 Damning report into the Iraq war


The blasts occurred in the airport’s international arrivals terminal. Turkish Prime Minister Binali Yildirim confirmed to the media that the death toll from the attacks has risen to 36, adding that foreigners could be among the victims.

Meanwhile, at least 147 people were injured in the blasts, Turkish Justice Minister Bekir Bozdag confirmed.

Yildirim also stated that the attackers arrived at the airport by taxi and that initial findings point to Islamic State responsibility (IS, previously ISIS/ISIL) for the attacks.

According to some Turkish media, the blasts targeted two separate locations in the airport.

The attacks on the airport involved three suicide bombers, according to Yildirim. Investigation revealed that all three opened fire before detonating their explosive devices.

The deadly blasts coincided with the second anniversary of the declaration of the so-called Caliphate by the terror group as well as the last week of the holy month of Ramadan, during which IS called for increased attacks.

Many people caught in the blasts and near the airport posted photos and videos from the scene, showing the destruction caused by the explosions as well as people hiding in various places in search of safety.

Gunfire was heard from the car park near the airport, CNN Turk reported, citing witnesses. Four armed men were reportedly seen running away from the terminal building after the explosions, according to Turkey’s NTV channell.

Turkish MP Eren Erdem confirmed on his Twitter feed that the blasts were suicide bomb attacks and that a large number of people were injured.

Turkish President Recep Tayyip Erdogan made a statement strongly condemning the attack.

Earlier, Reuters reported that two suicide bombers blew themselves up in the airport by detonating explosives just before the security checkpoint at the international terminal.

According to eyewitness accounts cited by Reuters, one of the assailants “randomly opened fire” in the terminal prior to the blasts. Another witness said the initial two explosions were followed by a third one preceded by shooting, according to Reuters.

One of the attackers opened fire with a Kalashnikov assault rifle at the airport, NTV reported, citing Turkish Justice Minister Bekir Bozdag.

Police responded with fire against some suspects at the international terminal entry point of the airport, an official told Reuters.


The Truth About Solar

Homeowner Forecloses On Bank Of America !!!!!
When Bank of America tried to unjustly foreclose on a Florida couple’s home, they took matters into their own hands (video below).

Warren and Maureen Nyerges were in danger of having their Collier County home be taken away by the bank, but the foreclosure claim missed one important fact: The Nyergeses had paid for the home in cash.

So they took the banking giant to court and a year and a half later, the foreclosure was dropped. The judge also ordered Bank of America to pay the couple $2,534 in legal fees, CBS News reported.

After five months, the financial conglomerate still hadn’t paid the couple. That’s when the Nyerges couple’s lawyer, Todd Allen, decided to turn the tables on Bank of America.

Police and moving vans showed up at Bank of America to legally seize the corporation’s assets.

"I instructed the deputy to go in and take desks, computers, copiers, and filing cabinets, including cash in the drawers," Allen told WINK, a CBS affiliate.

Allen was reportedly locked out of the bank manager’s office while the manager tried to figure out what to do. He said the bank supervisor on duty was "visibly shaken," according to NPR.

"Having two Sheriff's deputies sitting across your desk, and a lawyer standing behind them, demanding whatever assets are in the bank can be intimidating," Allen told WINK. "But, so is having your home foreclosed on when it wasn't right."

Bank of America eventually paid the couple. No assets were actually apprehended, and the bank apologized for the delay in payment. They said the original request was sent to an attorney who is no longer in operation.

The couple’s attorney said banks often fail to do their due diligence when foreclosing on homes.

"As a foreclosure defense attorney, this is sweet justice," Allen added.


BREXIT THE MOVIE FULL FILM ...a feature-length documentary film to inspire as many people as possible to vote to LEAVE the EU in the June 23rd referendum.

Jim Sinclair-Biggest Bubble in the History of Finance Video

Amazing Thought Provoking Video! Watch And Decide If This Isn't What We Really Want! The Lie We Live

Saudi Press: U.S. Blew Up World Trade Center To Create ‘War On Terror’

Saudi Arabia off oil by 2020

 You become what you think about / Earl Nightingale

Brain can Heal

Dr. Steven Greer - A Call for FREE ENERGY technologies Video

Money vs Currency - Hidden Secrets Of Money - Mike Maloney

Solar Airplane

How to remove the 'Get Windows 10' app from your PC and cancel your upgrade reservation.

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[574] Big Banks ‘Living Wills’ fail as ‘Helicopter Ben’ returns... It’s failing grades for five of the biggest US banks and tens of thousands of Verizon workers walked off the job on Wednesday; Ameera David weighs in. Then, Bianca Facchinei takes a look at the increase in poverty across the US. Afterwards, RT’s Marina Portnaya reports on Uber sharing customer information with the government.
...Edward Harrison sits down with Steve Hanke – professor of applied economics at Johns Hopkins University – to talk about Argentina as well as negative interest rates and helicopter money.
 

Rob Kirby-Dollar Devaluation Clock About to Strike Midnight.   Could there be a dramatic and overnight reduction in the value of the dollar? Kirby contends, “I think this is coming in very short order now. The trail of bread crumbs is indicating this is what is afoot right now.”

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4/14/2016 Central bank pumps more funds into financial system

The central bank on Wednesday pumped 285.5 billion yuan (about US$44 billion) into the financial system in open market operations via medium-term lending facility (MLF).

The People's Bank of China (PBOC) said the operations were aimed at maintaining liquidity in the financial system at a "reasonably abundant" level.

The MLF is a tool introduced in 2014 to help commercial and policy banks maintain liquidity by allowing them to borrow from the central bank by using securities as collateral.

The fresh funds were injected into 17 financial institutions, according to the PBOC.

Among the new funds, 127 billion yuan is for 3 months, and 158.5 billion yuan is for 6 months, at interest rates of 2.75 percent and 2.85 percent.

The interest rates were left unchanged to "guide financial institutions to boost support for key areas and vulnerable links of the national economy," the central bank said.

To bolster the lukewarm economy, China has adopted a more pro-growth policy stance, cutting benchmark interest rates and banks' reserve requirement ratio (RRR) multiple times since 2014.

At a press briefing last month, a central bank spokesperson described its monetary policies as "prudent with a slight easing bias."

The Chinese economy posted its lowest annual expansion in a quarter of a century at 6.9 percent in 2015, and the National Bureau of Statistics is scheduled to release data for the first quarter this year on Friday.  source
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