Turkey's Economy

Turkey’s Economy

Turkey’s economy grew at a faster pace than anticipated during the last quarter of 2016, since households boosted spending.

Gross domestic product (GDP) expanded 3.5% in the October-to-December period, faster than all estimates in a Bloomberg survey of economists, which saw an expansion of 1.9%. 

Turkish households and the government boosted spending after July’s attempted military takeover.   Private demand picked up in the final quarter of 2016, fueled by household spending on everything from services to consumption goods.  Based on strengthening consumer sentiment, it will probably increase at similar levels this year, while public spending emerges as an even bigger driver of growth, according to William Jackson, a London-based economist at Capital Economic, "Government consumption could strengthen if fiscal policy is loosened further,” Jackson said, revising up his 2017 growth forecast to 2.5 percent from 1.8 percent previously.  He continued, “The drivers of growth are likely to shift and investment should continue to pick up from last year’s slump.”

The Turkish government adopted a series of expansionary fiscal policies to counter the slowdown, which may add as much as one percentage point to the budget deficit by year-end, according to Finance Minister Mr. Naci Agbal.  Incentives to boost employment and agricultural production, and tax breaks for the tourism industry, were among stimulus measures rolled out.  He said government measures to ease restrictions on household demand usually have an effect with some delay, meaning faster consumption growth in 2017.

It was important for Turkey not to enter a “technical recession,” Deputy Prime Minister Mr. Mehmet Simsek said in a televised interview after the GDP report. The minister said “There’s a moderate recovery in growth in the first quarter of 2017.  The recovery will accelerate from the middle of the second quarter.”

We will wait and see..

Thank you for visiting,

Ben

           

Puppets within the Federal Reserve

Puppets within the Federal Reserve

The members in the board of the FED, the Federal Reserve, are nothing more than puppets, and do not have actual powers, and they are put there by the Elite Men, who want the policies, the monetary policies to be approved, which will benefit them and not the general public.  

          Federal reserve

I went right into the main point in my blog today, I did not want to write a lengthy blog, as I am getting the impression that people are actually starting to understand and wonder the troublesome path of our banking system.   

This is also true of the members on the board of the corrupt World Bank and IMF, which is the International Monetary Fund; all are puppets and are told how to operate by others.  

I will write in more detail about the World Bank; today, the topic is Puppets within the Federal Reserve.   

The Federal Reserve is not a Public institution, it is most definitely a private entity, owned by a private individual or a group of individuals. 

Let me list the reasons below, which points to the FED, not being a public institution.  

- The FED is not organized within the Executive, Legislative or Judicial branches of the government of the USA.  

- Who pays the FED’s bills and determines its budget? No you are wrong, it is not the government.  

- The FED gets its funding from its own specially privileged operations and the Board determines its own budgets and gets approval by 'Other' parties, who are not in the picture.   

- Who monitors and oversees FED's activities? Again the FED itself.  While some elements of proper auditing have taken place, there has not yet been a comprehensive independent audit, by the Government Accountability Office.

- FED's employees are not part of the US Civil Service System and are not covered by 'government employees’ health insurance or pension programs.  

- Who does the hiring and firing? Except for the highly publicized Chairman and the seven member Washington Board, this is in private, unelected hands.

- Federal Reserve Banks are not listed as government organizations by the telephone companies. 

It is time for the government to take back control of its monetary policy, and therefore the FED needs to be dissolved and/or taken out of the ownership of the 'Elite Men'. 

Sincerely, 

Ben

Money and the Seven Deadly Sins

Money & the Seven Deadly Sins

          Seven sins 

Is it time to eliminate money from our transactions between ourselves? And try to find a different barter source...

Sincerely,

Ben

The Moneylenders

The Moneylenders

I came by the below quote that made me reflect on the current times that we are in.  This quote was said by a President, more than 150 years ago, as he realized the importance of keeping a 'balance household budget'.  If we or our country does not properly handle the resources and keep spending in check, the Bankers will surely, come in, and seize everything we own.  

Here is the quote.  

"The Moneylenders preys upon the nation in times of peace and conspires against it in times of adversity.  It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy." --- USA President Mr Abraham Lincoln

          Mr President 

Sincerely, 

Ben 

So Called Defend the Land

So Called Defend the Land

I read an article in a major American news paper today.  There was a full page advertisement which was a statement that was pro-Israel, listing all the reasons why they have a right to defend themselves.

          Palestine flag and her young future

They are spending a lot of money trying to convince the world that they have a right to defend themselves, which no one is disputing.

Furthermore, a journalist in that newspaper had a whole argument about how people who harshly criticize Israel over humanitarian concern for the Palestinians are closet anti-Semites. 

The magazine 'Economist' has published many articles which are biased in favor of Israel.  So have many other big publications.  

Soldier taking away a young boy

Such biased and one sided reporting of so called facts and interpretations completely discredits the entire news media.  It has become so bad that their is more truth in the advertisements than there is in the actual news.  

Well, just because people are critical of Israel when Israel misbehaves does not make them anti-Semites.

To disagree with a Jew does not make one an anti-Semite.

To label such people like that is dirty, a low blow, and downright despicable.

This type of rhetoric will not win people over to Israel's side, but will anger them and drive them away.

Thank you for reading, 

Ben

Hamptons Home

Hamptons Home

Hello All,

I have a beautiful executive home available to a professional and responsible person(s). 

          Front

House is available August 1, 2014. 

The rent will be $2,300.00. 

Damage deposit $1,500. 

This is a 1650 square feet, double garaged, walkout basement, backing onto a green space/man made lake, two storey home. 

          Back

Here are some details:

- executive lifestyle,

- cozy home,

- quiet neighbourhood,

- tranquil setting,

- double garage,

- walkout basement,

- backed onto a lake,

- two storey,

- 3 bedrooms,

- 3 bathrooms,

- hamptons. west-end location,

- black appliances,

- 1 year old, 

- upgraded home,

- basement not completed,

The The home is located in the Hamptons, which is a neighbourhood in the west end of Edmonton, close to many outlets. 

No pets please. 

Email me if you are interested. 

Thank you for visiting, 

Ben

🤓

High Canadian Dollar

High Canadian Dollar

Canadian dollar is set at 93.80 per USA dollar.  

          Currency exchange comparison chart 

The Canadian dollar is at a six-month high against the USA dollar, as the recent rise in inflation has bolstered the the buying of the Canadian dollar. 

This brings the Canadian dollar back to its 2014 highs, last seen in early January.  

This is good news for some industry and not so good news for others. 

One obvious conclusion is that the Canadian dollar has benefited from USA dollars weakness in the past few weeks.  

Should I say, enjoying while this lasts?

Sincerely now,

Ben

One Bedroom Delight in Hamptons

One Bedroom Delight in Hamptons

Hello Everyone,

I have a beautiful 1 bedroom & 1 bathroom condo for rent; it will be available August 1, 2014.

          Balcony

The condo is 700 square feet with neutral colored walls, black kitchen appliances, and a storage room with white washer & dryer available, plus there is one surface-parking stall.

The condo is located in a quiet and secure building, and it is on the first floor, facing the south/west direction.

          Living room

The rent will be $1,150.00 per month with water & heat Included in this amount.

You will be responsible for your own power, cable, and internet. 

Kitchen 

The damage deposit is $850.00

I am looking for a responsible, mature, dependable and clean individual, who is a non-Smoker.

No Pets allowed. 

Entrance into the unit 

If you have any questions or you want to arrange a viewing, please email me.

Thank you,

Ben

The Deadline

The Deadline 

The deadline for filing your income taxes for the 2013 taxation year, has been extended to May 5, 2014, this year, instead of the April 30, 2014 deadline.  

If you owe income tax, plus you file your income tax return after the stated deadline, the Canada Revenue Agency (CRA) will charge you a penalty and compound interest, per day, on the unpaid amount owing.  

To file a 'paper format' of your taxes, you need an income tax package.  

The package includes a return, plus all the forms and schedules necessary to file your income tax return. 

You can pickup the package to file your return at all 'Canada Post' and 'Service Canada' outlets. 

If you want to file your taxes online, the tax package comes can be purchased from most retailers.  Be sure you get the version of software that meets your tax situation.  

Finally, make sure you have given CRA your current address.  This ensures that you will receive refunds and benefit payments, as well as important notices, without interruption. 

I will leave it at that, if you require assistance, please contact CRA.  

Thank you for reading, 

Ben

Will There Be An Accident?

Will There Be An Accident?

Here are three pictures that really makes you wonder what these individuals were thinking, and if an eventual accident waiting to happen. 

Example 1:

Example 2:

Example 3:

My answer, is yes, there will be an accident.

Sincerely, 

Ben 

Importance of Water

Importance of Water

I would like to bring attention to the following statistics regarding 'Clean Drinking Water'. 

          Banff Alberta 

- 70-75% of the Earth's surface is covered with water,

- 97.5% of the Earth's water is salt water,

- 2.8 billion people live in areas of high water scarcity,

- 2.2 million people die every year, from unsafe water and poor sanitation reasons,

- 2 elements make up water: hydrogen & oxygen,

- 96% of a cucumber is made up of water, 

- 65% of an adult human's body is made up of water,

- The same water that existed on the Earth millions of years ago, is still present today,

Water is the life of all living things, every living creature depends on water to survive.  

Last statistic:

- Of all the water on Earth, humans can only use about 1% of it.  Usable water is only found in groundwater aquifers, rivers and freshwater lakes. 

Please be cognizant of the importance of this liquid, and use it wisely.  

Sincerely, 

Ben here ehh,

The Gold Coins of the Ottoman Empire

The Gold Coins of the Ottoman Empire

Gold is now found scattered all over the world, but in ancient times it was produced only in following countries of: Egypt, Anatolia, Greece, Transylvania, Spain, Arabia and India. 

The first gold coins appeared in Lycia, which is located in the southwestern part of Anatolia. 

Gold is a soft metal and therefore easy to handle and can be moulded into various shapes, but in order to be used as a coin/currency, Gold needs to be added together into other substances to be hard enough to endure excessive handling.

An ounce of gold can be stretched into a thin wire that extends for a mile.  This malleability makes the metal an ideal resource for jewelry and gold dust mixed with other materials was often used in calligraphy on book covers and other kinds of decoration. 

Now that I have briefly explained the first usage of Gold; I would like to focus the remainder of my essay today on the currency used during the 'Ottoman Empire'.  This essay is a continuation of my research into the currency usages through-out mankind.  

Other writings I have posted are listed below:

Executive Order Number 111110

http://www.goodread10.blogspot.ca/2014/02/executive-order-number-11110.html

Bitcoin In The Future

http://www.goodread10.blogspot.ca/2014/02/bitcoin-in-future.html

FIAT Money In Circulation

http://onlythebrave10.blogspot.ca/2014/02/fiat-money-in-circulation.html

Denarius Currency

http://onlythebrave10.blogspot.ca/2014/02/denarius-currency.html

United States Notes

http://onlythebrave10.blogspot.ca/2014/02/the-united-states-notes.html

Now, today's essay.  

With the conquest of Anatolia and the eventual expansion into Europe, the Ottoman Turks took over systems for mining and acquiring Gold that were already in place for centuries.  These locations were in Anatolia and the Balkans, in Eastern Europe.  

Monetary exchange was based only on coins, since paper money was not introduced yet.  This meant that Gold and Silver were important commodities and carefully protected by the Turks.  

Also, when the Ottoman Turks conquered Egypt, most of the Gold and Silver mining already in existent in the world, fell into the hands of this Empire.  Gold came to be in very short supply in Europe some time beginning in 1520, as most of the Gold mined, ended in the a Ottoman Treasury. 

The official currency of the Ottoman Empire was the 'Silver Akce' that can be traced back to Osman Bey, who was the person that created this Empire, and the 'name-giver' since, Ottoman is English for Osmanli.  He reigned from 1299 to 1324.  

The Silver Akce continued to be used until the 15th century when the first Ottoman Gold Coin appeared during the reign of Fatih Sultan Mehmet in 1478.  As the dates can be a witness, the Gold Coins used by the Ottoman Empire is after the conquest of the Empire of the 'Gold Mined' territories, joining the Empire.   

'Gold Treasuries' were set up in cities of Diyarbakır, Van and Bahdat with considerable care paid to the sources of Gold and Silver and careful oversight was undertaken to ensure that the coins were not debased.  Inspectors were regularly sent from the capital city of Constantinople to see that everything was in order and proper care given to the making of the Gold Coin Currency.  

Throughout much of the first half of the Empire, which was from 1480 to 1675, the Ottoman Gold Coins competed with foreign currencies such as Venetian Gold pieces, Egyptian Pare and Spanish Coins.

The 18th century had been a period of instability for the Ottoman Turks, as the currency culminating around the middle of the century saw the closure of 'Gold Treasuries'.  

The decline of the Gold Coins of the Empire posed serious challenges to the administration.  The reliance on foreign coins had serious political implications, as without control over the currency, its control over the economy diminished considerably. Moreover, the devaluation of its own currency saw the beginning of the decline of this Empire.  

Over time and due to numerous wars the Ottoman Empire was engaged in, the Ottoman Turks became unable to meet its financial obligations and was forced to debase its currency even further. 

The monetary system of the 'Once Mighty' Empire, directly correlates to the collapse of this Empire.  Once the devaluation of the Gold Coins started, and the rising debts could not be sufficiently paid, collapse was only evident.   

The phrase 'All things must come to an end' comes to my mind, the concept of 'devaluation of a currency' is not particularly a smart move by the Empire, but it is easier to make this statement now, a few centuries after the beginning of the collapse.  

Thank you for reading, 

Ben here

Sarik Tara and ENKA

Sarik Tara and ENKA

I would like to describe briefly, the man, who is currently the second richest person in Turkey.  

     Billionaires of Turkey

His name is Sarik Tara. 

Mr Tara is the founder of Turkey's largest construction company of ENKA.  

ENKA is involved with: contracting, construction, energy production, real estate investment and management industry. 

     Sarik Tara 

The company is especially active in Russia, where it owns offices, hotels and shopping malls in the city of Moscow, as well as supermarkets, hypermarkets and malls across the country.  

Also, ENKA has built U.S. embassy buildings in the countries of Dominican Republic, Equatorial Guinea and Afghanistan. 

'Construction industry is a lucrative business', Mr Tara would surely agree to this statement, since his entire fortune was built by this industry. 

Sincerely, 

Ben

🤓

Mankind Put an End to War

Mankind Put an End to War

'Mankind must put an end to war or war will put an end to mankind' --- John Fitzgerald Kennedy

          Mr President 

I'd like to ask a few questions, and answer them.  

Let me know please, if I am on the 'right track'. 

Question 1:

What is war?

Answer: 

War is a conflict situation, where nations or opposing parties carry on a 'force of arms', to resolve a bitter situation. 

Q2:

Can a 'situation' be resolved without war?

A2:

Absolutely, the opposing nations need to think about the consequences to their own people and truelly and willingly resolve the conflict by discussion. 

Q3:

Why are our leaders 'justifying' a right to go to war still?

A3:

I have included a paragraph from the book 'War is a Racket', written by General Smedley Butler, 

'War is a racket.  It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious.  It is the only one in which the profits are reckoned in dollars and the losses in lives'. 

Q4:

Is it time that we put an to 'war' and resolve a 'conflict' by discussion.

A4:

Yes, it is time our leaders used this strategy. 

Sincerely, 

Ben

Average Weekly Income

Average Weekly Income

The 'average weekly income' for Canadians is now $935.00 / week, effective January 2014. 

This figure is 'Gross Income' from T4 earnings.  The yearly amount is:

$48,730.00. 

If you make more then the figure above, consider yourself fortunate.  

This is 3.0% higher then the previous years amount. 

Year-over-year T4 earnings increased in all provinces, with above average growth in the following provinces of:

Alberta, 

Newfoundland and Labrador, 
Saskatchewan, & 

Prince Edward Island.

The province of Alberta is leading the Canadian economy in paying proper wages to employees; that's very good for us 'wage earners'. 

Thank you for reading, 

Ben here

The United States Notes

The United States Notes

This is a continuation to my previous writings titled:

'Executive Order number 11110' 

http://goodread10.blogspot.ca/2014/02/executive-order-number-11110.html?m=0

&

'The Elite Banking stopping JFK'

http://onlythebrave10.blogspot.ca/2014/02/the-elite-bankers-stopping-jfk.html?m=0

If the above links does not work, please copy/paste the link to the 'address bar'. 

Today, I would like to write about the difference between the 'Bank Note', named 'United States Notes' (USN), introduced by the President John F Kennedy (JFK), with the current money in circulation, named 'Federal Reserve Note' (FRN).  

Briefly, I would like to state again that the USN were issued as an interest-free and debt-free currency backed by 'Silver reserves' sitting in the USA Treasury Vault.  This was an absolute good reason to proceed with this brilliant idea.  

However, the USN did not stay in circulation for very long.  

The President JFK was assassinated on November 22, 1963, and the USN, he bravely issued were immediately taken out of circulation.  Currently, the FRN are the only legal currency of the USA.  

What did the USN look like?

The USN looked like the FRN, the differences are that:

on the top of the Bank Note, one states 'United States Note', instead of 'Federal Reserve Note'.  

Also, the USN has a red seal, while the FRN has a green seal.  

The difference are just that, however the ramification of not continuing with the USN is this; the USN were backed by Silver Reserves and the FRN were not backed by anything of intrinsic value.   The USA's total debt has increased dramatically since 1963; and if the country would have continued with USN, large portion of this debt would not accumulated, since the country would not have to borrow the money from the 'Federal Reserve Bank' at Interest.  

We need to re-visit the idea of 'United States Notes'. 

Thank you, 

Ben

The Elite Bankers stopping JFK

The Elite Bankers stopping JFK

The theory that we are not made aware of is the subject matter, I would like write about today. 

Since November 22, 1963, the assassination date, there have been thousands of books filled with theory and myth as to why the President, John F. Kennedy (JFK) was gunned down in the city of Dallas.  

The theory I would like to bring attention to is the government of JFK trying to stop the printing of money 'outside' of Parliament, and not in the hands of the Federal Reserve Bank (FED). 

The important date of June 4,1963, is little known as the date that the attempt was made to 'start' the stripping of the FED of its power to loan money to the government at interest.  

We do not realize that the money printed and loaned to the USA government is completed through the FED, which is not a government body.  

On the date stated above, the President, Mr JFK signed an Executive Order Number 11110 that would eventually return the power to the USA government to issue currency, without requiring to go through the FED.  

The President Mr. JFK, with the Executive Order Number 11110, was on his way to eliminating the FED and having the printing of money, backed by 'Silver Certificates' in the hands of the government of USA.  Prior to the Executive order reaching Parliament for passing, guess what occurred?

We are led to believe that there are other reasons why the President of the United States of America, Mr JFK, was assassinated.  

The more plausible reason is that the 'Elite Bankers' stopped the 'Executive Order' and had the President assassinated.  

What ever happened to this 'Executive Order'?

On June 4, 1963, a virtually unknown Presidential decree, the Executive Order Number 11110 was signed with the authority to basically strip the FED of its power to loan money to the USA government at interest.  With the signature by JFK, President declared that the privately owned FED would soon be out of business.  The 'Executive Order' after his assassination, has never been repealed, amended, or super-ceded by any subsequent Executive Order.  In simple terms, it is invalid now. 

Thank you for reading, 

Ben

New Words with Meaning

New Words with Meaning

The number of words in the 'English' language is at:  1,019,729.

This is an estimate made by 'Global Language Monitor Organization' for the date of January 1, 2012.

The English Language adds a new word every 98 minutes. 

Amazing statistics, I thought.  

Today, I would like to share 10 words; here they are below:

1.  ARBITRATOR: A cook that leaves Arby's to work at McDonalds. 

2.  AVOIDABLE: What a bullfighter tries to do. 

3.  BERNADETTE: The act of torching a mortgage. 

5.  COUNTERFEITERS: Workers who install kitchen counters. 

6.  ECLIPSE: What an English barber does for a living. 

7.  EYEDROPPER: A clumsy ophthalmologist.  

8.  HEROES: What a guy in a boat does.  

9.  LEFTBANK: What the robber did when his bag was full of money. 

10.  PARADOX: Two physicians.  

Thank you for reading. 

Tulips from the Ottoman Empire

Tulips from the Ottoman Empire 

Tulips, picture them in your mind, the colors, the slender trunk, reaching up, and at the peak, a beautiful 'cup' looking flower. 

One of my favorite flowers.  

How was this 'petite' flower introduced into Europe and the rest of our World. 

Let me write about this today. 

The introduction of the flower known as Tulip to Europe is well known to be by the Ambassador of the 'Roman Empire' to 'Ottoman Empire'.  

          Tulips, on the field I

This person was Ogier de Busbecq, the ambassador of Ferdinand I of the 'Roman Emperor'. 

The Tulip seeds/bulbs were sent to the city of Vienna, in the year of 1554 from Istanbul, then known as Constantinople. 

Soon after this date, the Tulip bulbs were distributed from Vienna to the rest of Europe.  

The city that really embraced this flower was, the city of Amsterdam.  

The flowers popularity and cultivation in the country of Netherlands, especially in Amsterdam is generally thought to have started around the year of 1593, at the University of Leiden, which established the 'Hortus Academicus' at this Institute. 

          Tulips, on the field II

Why was the Tulip different then all the flowers in Europe at this time?

The answers are that:

- there is an intense petal color that no other plant had. 

- status symbol of the flower. 

- at the time, Netherlands was finding the independence from Spain, and therefore this 'independence' was symbolized by the flower.  

Now, let me briefly describe the economic factors caused by the flower.  

          Tulips, on the field III

After the introduction of the Tulip into Europe from the Ottoman Empire, there was a Tulip-mania formed.  The high demand resulted in surging prices and stretching the flower's supply.  Prices of the flower fluctuated with extreme 'highs' and 'lows' during these years.  It is stated in 'Economic' books that this is the first example of 'demand' based pricing. 

At the peak of Tulip-mania, around the year of 1637, single tulip bulbs sold for more than 10 times the annual income of a skilled craftsman in Europe, especially in Netherlands.  

Not only a beautiful flower, but with a 'rich' history.  

Thank you for visiting this site.  

Red $50 Bank Note

Red $50 Bank Note

The $50 bank note is red in colour, and introduced into circulation on March 26, 2012.  

The note is printed on polymer paper, which means the note is more plastic than paper.  This means that the note is more durable than the cotton-based paper it has replaced.  

The main reason by the Federal Government in implementing the new Canadian bank note is the 'Security' features.  A few of the security features are:

- the same clear windows and metallic images that are seen on the front are seen on the reverse,

- design incorporates a special tactile feature, similar to Braille Dots, for the blind, indicating the denomination of the bank note.  

          Canadian $50

The front of the note:

The front of the note features a handsome portrait of Mr William Lyon Mackenzie King, who was the Prime Minister from 1921 - 1948. 

The reserve of the note:

The reverse of the note shows the Canadian Coast Guard Ship, named 'Amundsen', which is a Research Icebreaker Ship. 

          The back

I was finally able to get my hands on a new/old $50 Canadian Bank Note, at the same time, and took the below two pictures: 

Also, I have written about $5, $10, $20 and $100 Canadian Bank Notes, please look for these blogs below:

$5 Canadian Note

http://onlythebrave10.blogspot.ca/2014/01/5-canadian-note.html

New Purple $10 Canadian Note

http://goodread10.blogspot.ca/2014/01/new-purple-10-canadian-note.html

$20 Canadian Currency

http://goodread10.blogspot.ca/2014/01/20-canadian-currency.html

Big Brown $100 Bill

http://onlythebrave10.blogspot.ca/2014/01/big-brown-100-bill-if-you-are-following.html

I have finally been able to complete my 'series' of trying to picture each of the new/old notes together. 

I will now try to get my hands on a $1,000 Bank Note.  I hear they are in circulation, however to this date, I have never been able to find one.  

Thank you for reading, 

Ben