> HI DINARIANS:
> GEE, I NOTICED PART 1 AFTER PART 2 WAS POSTED, SO HERE IS PART 1 OF MNT.
> GOAT POST.
> ALSO, THROUGH A PRIVATE SOURCE THEY SAY THEY ARE TRYING TO PUSH THE RV
> THROUGH EVERY 3 HOURS DOWN TO THE BANKS. GUESS THEY ARE HAVING SOME
> TROUBLES EACH TIME THEY TRY.
> *Mnt.Goat, Review and Update "What the Global Reset Really is" 3-29-13 Part
> *Hello, Just got another news letter from mnt goat. A good long read.
> Thanks. George (Note: Thanks George for sending this to us today!) *
> Mountain Goat: Hi Everyone,
> Earlier in the week I decided to hike up my familiar mountain in the Alps.
> These are much more than hikes. They are a time for contemplation about
> recent events and what is happening with this GCR process.
> I returned home refreshed and with an appetite for the delicious dinner
> Meine Hubby prepared for the family. After diner I decided to sit at my
> desk and compose this news letter. I have taken the time out from my busy
> schedule to compose this news letter for you fine dinarian friends. I feel
> it is now the time for all to know this information. This is a very long
> news letter today so be patient.
> I will also review some answers to questions some of you readers have been
> asking me about other topics related to the IMF global reset plan and the
> timing of the exchange process.
> *Today's News*
> First I need to review with you how the IMF is using this global reset plan
> to shore up the global monetary fund and prevent future crisis.
> If you remember my news letters prepared last summer I talked in detail
> about being "careful what you wish for". All the excitement from these
> projected large payouts from these foreign currency revaluations is such
> that you might overlook what is really happening behind the scenes as part
> of the Global Reset. This money you are about to have is a distraction and
> there are strings attached.
> * Do we all understand what this "Global Reset" really is? *
> In November 2010, the IMF agreed wide-ranging governance reforms to reflect
> the increasing importance of emerging market countries. The reforms also
> ensure that smaller developing countries will retain their influence in the
> IMF. I firmly believe that had the world not experienced this global
> financial crisis in 2008, we would have had seen the revaluation of the IQD
> in mid 2012..
> In 2010 it was already decided to use the IQD as the foundational currency
> for the global currency reset so no matter what we, as investors, thought
> there was going to be a delay until all the IMF reforms were put in place.
> *The GCR would be one of the final steps in the process. I will explain why
> I feel this way. *
> At times we get all hung up and frustrated as to why the Global Currency
> Reset or GCR is taking so long. In reality it is just a small part of the
> overall global reset or final conclusion to this IMF 2010 reform package.
> We should all be informed that there are other significant changes too that
> will impact our daily lives whether we are already independently
> financially secure, run our own business, or are just a blue or white
> collar worker. Let me tell you about some of these other laws.
> Yes I do believe that the impacts of these massive changes of the Global
> Reset are about to be felt. You need to look at the GCR as one of the final
> steps to the global reset process. So there have been many other items that
> needed to be put in place prior to setting off the GCR.
> The overall global reset has in fact been taking place now for over 3
> years, since its inception in 2010.
> * Once these items are put in place the IMF will then pull the trigger and
> revalue some +190 currencies. Some will revalue and others will devalue. Do
> you care? *
> It will be unprecedented in the history of the world and will surely be
> noted in our future history books as one of the greatest events ever.
> In comparison this event is like the great depression and the changes the
> New Deal brought to the United States and to the reset of the world. I want
> you for a few minutes to imagine what it must have been like during the
> late 1920's and early 1930's. How did people live? What was going on with
> the stock market, the banks and other financial transactions between
> countries? Remember also this was pre-WWII era. You might want to read up
> in this topic.
> So what are some of these events called the 2010 IMF reforms? These
> reforms must be in place as part of the global reset and in place prior to
> the GCR kickoff. I can tell you with all certainty that this must be
> done. I do not know all the items (since this world wide and very
> complicated) nor am I allowed to talk about some of them in this news
> letter. But I will share what I know and I can share.
> * Here are a few of the reforms: Do they sound familiar? *
> IMF quotas to double to about $755 billion (they don't talk much about what
> they intend to do with all this newly found money. I will try to explain
> The bottom line is that 110 countries out of 187 will see their quota share
> increased or maintained
> WTO centralized methods for collection of these taxes
> The IMF's Executive Board has approved far-reaching reforms of the way the
> IMF is run (much more centralized power)
> Significant shift of voting power to dynamic emerging markets, developing
> The 10 largest members of the Fund will now consist of the United States,
> Japan, the four largest European economies (France, Germany, Italy, and the
> United Kingdom) and Brazil, China, India, and the Russian Federation (the
> *Many events/items had to be completed to accomplish implement these
> Develop and Implement new Basel III banking regulations implemented
> Asset inventory of +190 member countries
> Recalculate new exchange rates for these currencies
> Streamline the process of the currency revaluation rollout
> Change over responsibility for the exchange process rollouts from the UST
> to the World Bank
> Ratify the 2010 reforms by each member nation
> Increased UN share of all Tariff collections (this is why Iraq Tariff laws
> were so controversial and took so long to ratify and implement)
> Rebalance the exchange rates of +190 nations i.e currency revalue
> *Do you see now how the Global Currency Reset is just a very small part of
> the total reform implementation in what we call the global reset? *
> Can you now see how technically the global reset must be almost entirely
> completed prior to any GCR happening?
> Can you now understand why this has taken over 3 years to implement?
> *Original Timeline for GCR*
> The Executive Board of the UN endorsed a timeline that calls for the quota
> increase and realignments to take effect by the IMF-World Bank Annual
> Meetings in October 2012, and Executive Board reforms to be implemented no
> later than the subsequent Board election, which was scheduled in late 2012.
> The later part did not occur and is late due to late implementation of some
> of the items that were needed to have done and in place prior.
> Again it is so important to understand why this was done and who and what
> organization is driving these efforts. Certainly it was not totally the IMF
> or totally the United States Treasury (UST) but a joint cooperation.
> Let me tell you what the IMF really is and why they are now taking the
> lead in the global reset. In order to truly understand what I am about to
> say you must understand some basic facts about the IMF and how it's banking
> system works.
> The International Monetary Fund (IMF) is an international organization that
> was initiated in 1944 at the Bretton Woods Conference and formally created
> in 1945 by 29 member countries (now 188 countries).
> The IMF's stated goal was to assist in the reconstruction of the world's
> international payment system post-World War II. Countries contribute money
> to a pool through a quota system from which countries with payment
> imbalances can borrow funds temporarily. Through this activity and others
> such as surveillance of its members' economies and the demand for
> self-correcting policies, the IMF works to improve the economies of its
> member countries.
> Upon initial IMF formation, its two primary functions were:
> 1. to oversee the fixed exchange rate arrangements between countries thus
> helping national governments manage their exchange rates and
> 2. allowing these governments to prioritize economic growth
> The crisis of neoliberalism and the future of international institutions:
> a comparison of the IMF and the WTO and to provide short-term capital to
> aid balance-of-payments between nations.
> This assistance was meant to prevent the spread of international economic
> crises. Well we all know about the severe crisis in 2008 and so the current
> funds available in the 2008 pool dried up quickly. This is now why the
> contributions to these fund hand to increase and member contributions now
> are doubled to $755 billion.
> This was done now in the hope that, should a crisis of this magnitude
> happen again in the future, there will be ample funding to prevent the
> spread of the crisis into a global crisis. There are also other measures as
> part of the reforms now being taken such as decentralization of the median
> of exchange of the use of the US dollar.
> Yes - in the future the US dollar will no longer be King Dollar. Simply
> put the financial irresponsibility and also the financial corruption of the
> US government and its banks has shown to the world that any hiccup in the
> US economy could bring the rest of the global financial markets to their
> Thus instigating a major global financial crisis.
> Some proactive measures had to be done to prevent this. Of all of these
> measures were met with great resistance from the USA. This is another
> reason why the 2012 goals of full implementation of the reforms by the IMF
> have not yet been met.
> I talk about this decentralization by grouping nations into currency
> districts later in this news letter. This is something in the making and
> you will see gradual implementation the following years to come..
> Mnt.Goat, Review and Update "What the Global Reset Really is" Part 2
So in continuing my description of the changes about to happen, let me
describe how the global banking system works and how it impacts our
There is one global bank called The World Bank it interfaces with
member countries through the World Trade Organization (WTO) the IMF
with banks called Central Banks. We all heard about the Central Bank
if Iraq (CBI) now I am telling you there are other like CBI throughout
the world seeded in almost all member countries.
The Central Banks then manage what we know as the local banks in our
cities and neighborhoods. Local banks are rates according to assets
into tier banks. The more assets you are responsible for the more
power you have in the banking industry.
For instance you locally owned town bank may be a tier 3 bank and have
very little say or power to the central bank it reports to.
Just recently the process of modifying and implementing the exchange
rates was greatly centralized and is now initiated and first flows
down to the Central Banks and then they approve the rates and push
them down to the local banks.
Only then can the activation take place and the new rates be used in
daily transaction with the banking customers. This is all done via
computers but some banks still have backup manuals that list the new
If you were paying attention to some of these RV intel conference
calls last spring and summer you heard all about the changes effecting
this process. These were changes that were first planned to be
implemented as minor changes to the process that then grew into a
monster and out of necessity finally into a lengthy implementation
We heard about all the testing issues and delays. We all thought that
the RV was going to happen at any moment, as we did not understand the
total plan and scope of all the reforms necessary prior to any
currency revaluations. We were only focused on our goal of becoming
rich and not understanding or wanting to understand the big picture.
I have been saying many times that if you really want to know where we
are in this RV process follow the IMF plan.
Having said all this I do not want to downplay the interaction and
events with Iraq in all this too.
After all they are the foundational currency in the GCR process. We
all have witnessed the necessary Iraqi laws, the relief of chapter 7
sanctions, and the political / sectarian issues of Iraq as a major
factor also in the delay.
I will also once again tell you they are ready and have been ready
for months now.
There is much talk about a 3rd Budget reading. I see much hype in the
dinarian intel community about this darn budget once again.
I want to reassure everyone this darn budget has been done and
ratified weeks ago.
Please stop diverting your attention and waiting your energies on
unnecessary events as benchmarks and concentrate in the direction that
is really important. Iraq GOI and Parliament are stalling for time
since they have to posture to their citizens that they are still in
Did you ever notice that when we once again get close to an RV what do
they do? They make an announcement about a budget reading or something
about this budget once again. Is it important? Yes it is and I do not
want to downplay its significance. But it is done already!
The following is what I am hearing the global districts will be
looking something like this with their focused media for exchange
North American Alliance (Canadian dollar),
South American Alliance (Brazilian Real),
Middle Eastern Union (Iraq dinar),
Far Orient (Chineese Yuan).
Near Orient (India Rupee)
This way if one financial district fails the remaining districts also
do not fail thus preventing another global financial crisis.
Flexibility must now be decided upon in each of the exchange regiments
of these nations.
This process is now underway but will not hold up the revaluation we
are waiting for.
It may however give you some indication of near future opportunities
to partake as a speculator in yet other major currency revaluations.
How do the districts interact between each other? The mechanism for
exchanging between districts will be the IMF and a new global currency
that does not actually belong to any country but to an organization.
This for most will the scary part of this process and the part that
has been kept secret. I am bringing this to you today because I felt
the impact is going to be so great on our lives that we all should
know. I also do not like this hidden government and the shadow in
which it works. If it supposed to be so good for the world then why
all the secrecy?
Much more global taxation monies to be sent to fund the IMF and WTO
for future programs We now all know what these programs are.
The New Tariff Laws
I will tell you one of these projects. I discovered this one when I
looked into the new tariff laws for the country of Iraq. These laws
allow the IMF through the International Bank of Settlements (BIS) to
collect a global taxation from Iraq on tariff revenue. The BIS now is
actually the first level collector source by way of a computerized
The BIS then distributes part of the collection to the IMF fund while
a part then goes back to the central bank of Iraq. This is why it took
so long to pass the tariff laws for Iraq. Iraq was forced to finally
accept these new global taxes. By the way the payments on these taxes
are due at the end of this quarter . How will they be paid?
With they use 1166 rate or the 3.71 rate? Once again it is coming down
to deadlines set in the past and how will this stalling of the GCR
effect them? What will be the work around this time?
The questions to me and the saga continues. So I want to put this one
also to rest if I can.
I know for a fact the Iraqi bond sellout ended late 2 weeks ago. The
rate on the Bonds has been locked at CME at $3.71 for close to these
two weeks now.
This first bond package will help finance the Iraq currency reform
program. I it is done! They are now working on the rollout of the
second package of Bonds on . These bonds are designated for
investors and reconstruction programs.
USA Taxation of gains on IQD
Are these special tax provisions for IQN and VNN we are now hearing real ?
No they are absolutely not final. There is only tentative and proposed
legislation put before Congress but nothing is definite as of yet.
Is it possible for the President to change the current tax code on
currency investments without going through Congress?
United States Federal tax law begins with the Internal Revenue Code
(IRC), enacted by Congress in Title 26 of the United States Code (26
U. S. C.).
The Senate and the House of Representatives must pass a bill (a new
law) that would then either be signed or vetoed by the President. The
President can ONLY approve or veto bills that have been passed in
Congress and then if signed they become law.
Then the United States Supreme Court has the right to review the new
law and approve it or overturn it as unconstitutional.
The President has no power to make any new laws under the Constitution
I sincerely hope all this information was understandable and helped
you today. Sorry this news letter was so long but thank all you fine,,
intelligent people for taking the time today to read it.
Does this help going forward as we near the end to this revaluation of
the IQD and the global currency reset process.
Does this relieve some of your stress?
Do you now know we are very close to seeing the completion of the global reset.
Do you now know some of the activities going on behind the scenes to
support the currency revaluation and make the GCR a reality?
Peace and Luv To Ya,