Monday, December 19, 2011

Conferences and Events for December 2011 and January 2012 ...

See All Posts Located to the Right of this Blog ...

Upcoming Conferences, Events, and Financial Meetings for December 2011 and January 2012 with links ...Will Update ...

Phoenix Rising Radio ~ 7:00 AM EST Monday, December 19, 2011 ...

Phoenix Rising Radio is the live radio program of the private "Gimme Shelter" forum hosted by Phoenix. Show topics cover the global current events impacting us all.

The live show airs at 7:00 AM EST. Monday Through Friday. All past shows are on-demand.

Phoenix Rising @ Link

As of January 1, 2012, Going Global East Meets West will move to a new address. You can check out the new address @ link.

I will be posting on both sites (until January 1st) and will adhere to the strict copyright SOPA law, which may go into effect January 1, 2012.

Please note that the new site will Also be free from any advertisements or solicited donations that fall under SOPA's strict policy. New Address ~ link ..

And .. Going Global Headline News For Sunday, December 18, 2011 ...

Link ~ Message From Phoenix -~ Sunday, December 18, 2011 ...

Link ~ What Are We Looking For This Week December 18th through December 25th ...

Cafe Hayek Blog Closes Comments Section

In October 2007, Greg Mankiw closed the comments section on his blog with this message "Why Comments Are Gone."  

Now Don Boudreaux and Ross Roberts have just announced that they are indefinitely closing the comments section of Cafe Hayek, with this message "Comments to be Closed."   

In both cases, the economics bloggers expressed frustration with the lack of civility among some commenters, and the "e-food fights." I've also experienced those same frustrations, along with concerns about the additional time it takes to moderate some comments, check the spam filter on a daily basis to free some of the comments stuck there, etc.  But for now, the comments section on Carpe Diem will remain open! 

Sunday, December 18, 2011

What Are We Looking For This Week December 18th through December 25th ...

Message From Phoenix -~ Sunday, December 18, 2011 ...

Dodd-Frank Financial Overhaul Law: Vacant Positions .. Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. ...

Monday, December 19th ~ Iraq ~ House of Representatives in Session Despite the Lack of Allawi's Iraqi List ...

***Iraq Oil and Gas Law On The Table And Expectations of Endorsement 2012 ...

Iraq and GCC Summit Dec. 19-20-2011 ~ The GCC Summit, Iraqi File ... and .. Monday ~ Gulf leaders to tackle new challenges at summit talks

U.S. Congress Reconvenes on Monday, December 19th ...

Late Monday ~ EU to ask Britain for 30.9-billion-euro rescue boost

Tuesday, Dec. 20th ~ Arab League ~ Positive Meeting Syria ~ Adjourns Until Tuesday...

Tuesday, December 20th ~ Maliki gives VP two days to prove he is not involved in parliament attack or face trial ...

France, Iraq and chapter 7 ~ France attentive to pending Kuwaiti demands, urges Iraqi progress ...

Wed. Dec. 21st ~ SOPA ~ Stephen Colbert explains SOPA ~ Maybe Funny, But in Reality It's Total Censorship and Not Funny ~ December 21st

Going Global Headline News For Sunday, December 18, 2011 ...

What Are We Looking For This Week December 18th through December 25th ...

Iraq's CBI ~ Central Bank launches ATM Project

North Korean leader Kim Jong-il dead

Monday, December 19th ~ Iraq ~ House of Representatives in Session Despite the Lack of Allawi's Iraqi List ...

GCC ~ Monday ~ Gulf leaders to tackle new challenges at summit talks

France demands Baghdad to implement pending issues

IMF Squeezes Malawi to Free Kwacha Currency

***Iraq Oil and Gas Law On The Table And Expectations of Endorsement 2012 ...

EU to ask Britain for 30.9-billion-euro rescue boost

Maliki gives VP two days to prove he is not involved in parliament attack or face trial ...

Message From Phoenix -~ Sunday, December 18, 2011 ...

Poof ~ Sunday, December 18, 2011 ~ Season's Greetings ...

IMF and Qatar ~ a positive outlook for Qatar in 2012, but growth will slow ...

GCC CENTRAL BANK PROCEDURES IN FINAL PHASES

U.S. Congress Reconvenes on Monday, December 19th ...

U.S. Defense Secretary in Libya ~ Lifting of Sanctions and the release of billions of dollars that were frozen will help in building the new democracy

Iraq and United Nations ~ Launched the Global Compact network in Iraq .. And wealth of up to 400 billion through 2018 ...

Iraqis celebrate US exit, but are worried about their future ...

No Oil Law, No Budget: Allawi's Iraqi List Boycotts As Parliament is preparing to discuss a series of important laws, Oil and Gas Law and Budget

Baghdad airport security authorities prevented al Hashimi and seven companions travel ...

Arrest warrant issued for Iraqi first vice-president, Hashemi .. (Mr. Delay) ...

Tuesday, Dec. 20th ~ Arab League ~ Positive Meeting Syria ~ Adjourns Until Tuesday...

Iraq's Economy ~ Iraq would be the international transport of goods and trade from Europe to Asia Through Turkey ..

Sunday ~ Last U.S. troops leave Iraq, ending war

Going Global Headline News for December 16th and December 17th, 2011 ...

Dodd-Frank Financial Overhaul Law: Vacant Positions .. Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. ...

Just a guess .. but shouldn't these positions be filled before a major influx of cash hits the banks ... kel

1. Link ..Office of the comptroller of the currency

And..


2. The FDIC - An agency that gained significant powers over the nation's biggest banks under Dodd-Frank financial overhaul law .. Link .. Federal Deposit Insurance Corp

December 19, 2011

Positions that need to be filled and Stalled in the Senate:

_Agency appointments deferred
_Consumer Financial Protection Bureau
_Federal Deposit Insurance Corp.
_Office of the Comptroller of the Currency


The stalemate over the consumer bureau has prevented the Senate from approving nominees to two banking regulatory agencies: the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency.

The three nominees—Martin Gruenberg, Thomas Hoenig and Thomas Curry—would be charged with implementing last year's Dodd-Frank financial-overhaul law, which imposes a raft of restrictions on the financial industry and is opposed by some Republicans. The three are expected to take a tough line on the nation's largest banks.
____
December 19, 2011

GOP Keeps Appointments on Hold

Senate Republicans are taking steps to try to block President Barack Obama from using his power to make appointments while lawmakers are away for the holidays. But the president could hold a trump card or two.

Senate Minority Leader Mitch McConnell took the first shot on Saturday, saying he would allow Senate votes on Obama nominees only if the president dropped the idea of using his recess appointment powers.

Continues ...read more ..

Republicans also moved to keep the Senate technically in session through late January, when senators plan to return to Washington, the same tactic they used during a break in May.

The main target has been former Ohio Attorney General Richard Cordray, the president's pick to head the new—and contentious—Consumer Financial Protection Bureau. Republicans don't want to confirm a director until changes are made to the bureau's structure.

The White House was undeterred on Sunday. "Without a confirmed director the bureau can't exercise its full ability to protect consumers, which is why the president will keep fighting for Cordray and against Republican attempts to weaken these important consumer protections," White House spokeswoman Amy Brundage said.

The response fueled speculation that Mr. Obama will override the lawmakers' maneuvers with moves that undoubtedly would provoke protests from Republicans at a time when partisan tensions in Washington are already high.

Even if the Senate remains in "pro forma" session, legal experts say Mr. Obama could install his nominees after the Senate goes home and before any placeholder session convenes. Or he could wait until Jan. 3—just before the new congressional session formally starts.


In 1903, in a split-second between two congressional sessions, President Theodore Roosevelt made more than 100 recess appointments.

Stalled in the Senate:


_Agency appointments deferred
_Consumer Financial Protection Bureau
_Federal Deposit Insurance Corp.
_Office of the Comptroller of the Currency


Since any appointments during the "pro forma" sessions would likely provoke a legal challenge, legal experts say Mr. Obama's best shot might be on Jan. 3, when the Constitution requires the current congressional session to end.

Another option appears more theoretical than practical. The Constitution's Article II, which establishes the executive branch, says the president "may adjourn" the House and Senate "as he shall think proper." No president has ever taken that step, congressional experts said.

Mr. Obama has made 28 recess appointments but none over the past year even as several nominees to top positions stalled in the Senate.


The stalemate over the consumer bureau has prevented the Senate from approving nominees to two banking regulatory agencies: the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency.

The three nominees—Martin Gruenberg, Thomas Hoenig and Thomas Curry—would be charged with implementing last year's Dodd-Frank financial-overhaul law, which imposes a raft of restrictions on the financial industry and is opposed by some Republicans. The three are expected to take a tough line on the nation's largest banks.

read full article link

Iraq's CBI ~ Central Bank launches ATM Project

Related articles ~ Iraq's Finance Minister: Economy, Dinar, Chapter 7, Iraq was on the verge of great economic revival would make it a destination for global investments and .. May 2011 ~ Iraq to bring banks to the masses – by mobile ... and..CBI ~ Central Bank announces the "national key" to facilitate the payment system and instruments in Iraq ...

Monday 12/19/2011

Central Bank launches ATM project

Announced the Central Bank of Iraq that began implementing a project divided the national, which aims to provide ATM service to citizens through the installation devices in different regions.

The deputy governor of the Central Bank of the appearance of Mohammed Jawad, according to (Rn) that "the central bank agreed to implement divided the national project, which allows users in both government and private banks disposing of their money through credit card and dissemination of devices in the exchange markets, train stations, airports and public places."

Saleh added that "the government and private banks will be covered expenses the company implementing the project and the process of buying the equipment and its installation," pointing out that "the central bank will oversee the supervision anniversary of the project divided the national."

The Council of Ministers in March / March, new mechanisms to facilitate the opening of documentary credits of less than $4 million through the revitalization of the role of private banks, which aims to stimulate trade in the country.

The Iraqi government is still limited in its financial transactions on the government banks relied upon by 85%.

The total capital of Iraqi private banks billion and $ 600 million currently, except What branches owned by Arab and foreign banks operating in the country.

link