Posted 08 May 2012 - 01:17 PM
[SWFloridaGuy] I’m going to try to lay out a general overview of the current political situation in Iraq right now. The Erbil agreement isn’t really fully constitutional and contains additional ideas, the purpose of which was to frame a reasonable debate about the independence of the Iraqi Judiciary. Iraqi politicians are going to try to find a solution during this parliamentary holiday that lasts up until June 14th.We all know that Maliki received a 9-point ultimatum letter from Barzani, Allawi, Nujayfi, Sadr and then sent it to Jaafari. The message it contains is very clear: Maliki has 15 days to adhere to the demands of its contents or he will be sacked.
The demands contained in this letter include providing services for the Iraqi citizens, maintaining democracy, adoption of Erbil, ministries being governed by deputies, concerns regarding the electoral commission, dictatorial tendencies etc.
[SWFloridaGuy] Now, this ultimatum clearly states that unless there is complete adherence to these principles the Shia alliance move to withdraw the confidence of Maliki’s government and form a new one. The only out Maliki appears to have would be to say, ok fine I will “adhere” but only to what is constitutional while still maintaining the position that parts of Erbil are not constitutional.
In that case this could drag out a little further. Maliki wants a new electoral commission though and to get that he needs allies. Tariffs are set to go into effect in June and there is already talk that they may have to delay them until July. The noose around Maliki is tightening and if he wants to stay in power he needs to start compromising.
[SWFloridaGuy] He needs to come to some agreement on power sharing. Even though that may strengthen his opposition, it is what’s required to stave off a no-confidence vote. He doesn’t want to take that route. The only way for Iraq to re-enter the world stage again as an economic leader, not only regionally but globally, and accomplish all the goals they have as a nation is to move ahead with phase 2 of their currency reform project.
The CBI is waiting on the previously mentioned issues to be resolved. When a resolution is reached, Shabibi will give the green light to complete the reforming of their currency, introduce the LD’s, remove the zeros from the nominal value, raise the exhange rate and then….GAME OVER!!