September 18th 6pm

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Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Tuesday 9-18-18  

Doug_W  For the trial of maliki
Judge Rahim ạlʿkyly presents to Iraqi justice complaint against maliki

Judge Rahim Ạlʿkyly, President of the former integrity authority, filed a complaint against Nuri Al-Maliki requesting that he be prosecuted for crimes committed against the Iraqi people, documented by evidence, documents, and Miley.

The accused, Nuri Kamel Al-Maliki, served as chairman of the council of ministers and Commander-in-Chief of the armed forces of Iraq between 2006, and during his reign he committed a number of serious violations and crimes, and since the position of It is a civil position in accordance with article (9 / I. A) of the constitution which stipulates :- (armed forces and security agencies are composed of components of the Iraqi people and subject to civil authority command..) so there is no legal Pan


GBT: Various sites have picked up some chatter here saying the FED's charter has expired. Not true. Way way back they did 20 year charters..this from their is forever

Is the Federal Reserve Act going to expire? No. The Federal Reserve Act of 1913--which established the Federal Reserve as the central bank of the United States--originally chartered the Federal Reserve Banks for 20 years. But in the McFadden Act of 1927, the Congress rechartered the Federal Reserve Banks into perpetuity, and so there is currently no "expiration date" or repeal date for the Federal Reserve.

OKRocks: The Department of the Treasury manages Federal finances by collecting ​taxes and paying bills and by managing currency, government accounts a​nd public debt. The Department of the Treasury also enforces finance a​nd tax laws.
https://www.usa .gov/federal-agencies/u-s-department-of-the-treasury

Post From ESI Money
Millionaire Interview #89  Part 2 of 2
September 17, 2018 By ESI

What is your investment philosophy/plan?

It is a little bit of a hybrid. On the stock side I traditionally divided into two piles – one for indexing and one for more active investment including some individual stocks.

I am now more of an indexer and continue to weight more of my portfolio toward just basic index funds while decreasing individual stocks. I’ll probably play with two or three small individual stock positions for fun (I have 6 now), but keep the vast majority of the portfolio in index funds. Indexing just makes more sense in the long run.

I’ve gotten into private placement syndications since 2014. This requires quite a bit of research and commercial real estate knowledge and I am part of several different groups of wealthy investors that bounce ideas and investments off each other in this area.

Investment returns are typically higher than stocks here, but you have to evaluate risk, concentration and of course you have no liquidity here so it is a balance to keep mind of.

Post From ESI Money
Millionaire Interview #89  Part 1 of 2
September 17, 2018 By ESI

Recaps Note:  Over the next several weeks we will be posting some of these interesting interviews about millionaires with varying backgrounds and from all different areas and walks of life -- They are all asked the same questions - in the same order about when they made their first million – how they made it – how they spend it and how they maintain it --  We hope you find their stories interesting with insight and advice that you can use .

Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights.

My questions are in italics and his responses follow in black.

Let’s get started…

How old are you (and spouse if applicable, plus how long you’ve been married)?

45 – Single 


Red: The federal reserve has lost its charter and as of this week can no longer operate in the USA, all of their banks will convert or go out of the USA….

Briona: I heard the Fed has lost it's charter a couple years ago, yet they still seemed to be operating as usual.

Red: The charter expired a few years back and was not renewed , this current adminstration is enforcing the laws and our own Treasury will now be in full control of our US dollars…. the banks are not happy, but will comply one way or the other. credit card companies are the next to go through the wringer and be cleansed ...

Red: if the news doesnt cheer you up put it on a back burner , someday you might revisit it...