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ametad

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Everything posted by ametad

  1. Let’s step back and see that this market is so volatile that a tweet jumped the oil market by 20%. ARE YOU KIDDING ME!! There is so much fear that the people in the market can’t even wait and cross check and verify this information with production numbers. This is nothing but noise as the world enters the first global depression of the 21st century. The US never should have left the gold standard in ‘71, lost tremendous amount t of trust when the global reserve currency couldn’t be used as an intermediary to peg to gold. That was the agreement after WWII. Anyways, very volatile market and I won’t believe the hype until I see production numbers of oil to correspond.
  2. Maybe there’s something to all of this. The news thread is starting to read a lot like the rumors section when I began this ride a decade ago. It’s a crazy storm, that’s for sure!
  3. Next Monday, a step of forward progress. I’m happy to see it. Does anyone know what the timeline would be for early elections?
  4. Good progress, waiting to hear when they schedule the extraordinary session for the vote of confidence.
  5. Funny how I get a negative for simply posting an article. No commentary or personal opinion. I guess someone is upset with the reality of congressional matters.
  6. Adam, I would like to know what your thoughts are on the coincidental timing and interconnectedness of both the formation of a new GOI in Iraq and the Senate War Powers Act to limit Trumps authority in the Middle East?
  7. Updated 2:26 PM EST February 13, 2020 Washington The Senate passed an Iran War Powers resolution on Thursday, a rare measure that was approved with bipartisan support despite the fact that it has been opposed by President Donald Trump and aims to rein in his ability to use military action against Iran without congressional approval. The vote was 55-45. Eight Republicans voted in favor of it: Lamar Alexander of Tennessee, Todd Young of Indiana, Mike Lee of Utah, Lisa Murkowski of Alaska, Susan Collins of Maine, Rand Paul of Kentucky, Bill Cassidy of Louisiana and Jerry Moran of Kansas. The President warned the Senate not to green-light the measure on Wednesday, tweeting that "it is very important for our country's security that the United States Senate not vote for the Iran War Powers Resolution," and adding, "If my hands were tied, Iran would have a field day." The White House has also issued a veto threat against it. Despite that, the resolution, chiefly authored by Democratic Sen. Tim Kaine of Virginia, won bipartisan support. Several Republican senators, including Lee, Paul and Collins, signed on as co-sponsors. Earlier on Thursday, potential problems threatened to derail the resolution ahead of an the final vote, with Senate Democrats warning that an amendment filed late Wednesday by GOP Sen. Tom Cotton -- that Democrats described as a poison pill -- could draw enough support to pass and possibly make it difficult for the underlying bipartisan War Powers Resolution to maintain majority support. Ultimately, however, the Senate defeated the controversial amendment, clearing the way for final passage. The Senate voted to table -- or kill -- the amendment. The resolution "directs the President to terminate the use of United States Armed Forces for hostilities against the Islamic Republic of Iran or any part of its government or military, unless explicitly authorized by a declaration of war or specific authorization for use of military force against Iran." It includes a provision stating that no part of the resolution "shall be construed to prevent the United States from defending itself from imminent attack." Despite some Republican support in the Senate, however, Senate Majority Leader Mitch McConnell has strongly opposed the measure, which is unlikely to win enough votes for a veto-proof majority. Lee argued during a news conference on Wednesday that the resolution is not at odds with the President's foreign policy agenda and objectives. "I support what the President is doing with our foreign policy," Lee said, adding, "For me, this is about supporting President Trump in his foreign policy, in his effort to make sure that we don't get involved too easily, too quickly, in an unconstitutional way, in any war. This is entirely consistent with his policy." Kaine argued Wednesday that the resolution is "not directed toward President Trump, it would apply equally to any President," adding, "It's fundamentally about Congress owning up to and taking responsibility for the most significant decision that we should ever have to make." Senate Minority Leader Chuck Schumer, however, argued on Tuesday that passage in the House and Senate will send a warning to the White House, even if the President vetoes the measure. "It sends a shot across his bow that the majority of the Senate and the majority of the House do not want the President waging war without congressional approval," he said. Debate on the Iran war powers resolution comes in the wake of a divisive impeachment trial in the Senate, which temporarily put consideration of the measure on hold as it stalled other legislative business while the proceedings -- which ended in acquittal of the President -- played out. Kaine introduced the war powers resolution last month following the President's decision to order a strike that killed Iranian commander Qasem Soleimani. The House passed a similar resolution last month, but since the structure and text of the Senate resolution is not identical, the War Powers resolution introduced by Kaine would need to be voted on by the House after it gets a Senate vote before going to the President's desk. This story has been updated with additional developments Thursday. https://apple.news/A_GGcv7dHQHaPsoQ6cfzBdA
  8. Wonder what effect the rocket attack in Kirkuk will have on the three seats for the Kurds? Man, hardline politics in Iraq is intense! Now we will see if cooler heads can prevail for the greater good of many, or corruption as normal.
  9. KIRKUK, Iraq — A rocket slammed into an Iraqi base where American troops are stationed in the remote province of Kirkuk, Iraq's military and a US security source told AFP on Thursday night. It was the latest in a string of nearly 20 rocket attacks since late October on US troops stationed across the country as well as on the American embassy in Baghdad. According to three separate Iraqi security sources, the Katyusha rocket hit an open area on the K1 base at around 8:45pm local time (1745 GMT). Both US troops and Iraqi federal police forces are stationed there but neither sustained casualties, according to a statement from Iraq's military. It said security forces found the launch pad from which the rocket was fired, with 11 more rockets still inside, but the perpetrators were on the run. An Iraqi security source told AFP that the launch pad was found about five kilometres (three miles) from the base, in a multi-ethnic area. It was the first attack on K1 since December 27, when a volley of around 30 rockets killed a US contractor there and unleashed a dramatic escalation. Washington blamed the rockets on Kataeb Hezbollah, a hardline Iraqi military faction close to Iran, and conducted retaliatory strikes that killed 25 of the group's fighters. Supporters of the group then surrounded the US embassy in Baghdad, breaking through its outer perimeter in an unprecedented breach. Days later, a US drone strike at Baghdad airport killed Iran's pointman on Iraqi affairs Qasem Soleimani and his right-hand man, Kataeb Hezbollah co-founder Abu Mahdi al-Muhandis. In outrage, Iraq's parliament voted to oust all foreign forces from the country, including around 5,200 US troops deployed to help local forces beat back remnants of the Islamic State group. Iran carried out in own strikes in response to Soleimani's killing, firing a barrage of ballistic missiles at the sprawling Ain al-Asad base in western Iraq on January 8. The troops had prior warning and none were killed, but more than 100 have since been diagnosed with traumatic brain injuries. https://www.msn.com/en-us/news/world/rocket-attack-hits-north-iraq-base-hosting-us-troops-security-sources/ar-BBZYmLz?li=BBnb7Kz
  10. With the all the unrest from the Shia in the south here comes a Sunni curve from the Kurds in the north. And it’s about a finance minister, fascinating. It it will be interesting to watch and see how this unfolds, incumbents and corruption mixed with protesters in the street. And a cleric that holds both the militia force and a majority in the parliament stuck in the middle. No wonder he flip flopping, he’s caught in the crossfire. Furthermore, the generation gaps between the youthful protesters, clerics in power in parliament and ayatollahs in religious power traversing national borders is binding. It’s like I’ve got a dozen pieces of Swiss Cheese here and need to stack them up so that I can put a stick in from the top and another one in from the side without touching any cheese.
  11. It’s an Omen, wonder what is gonna happen next...
  12. NY Times Article click the link above! A beautiful article about artistic expression in Iraq. Wonderful to see this side of the people.
  13. I’ve been on this ride for so long I lost track of the years. Might be close to a decade now! So many thoughts about so much to do with this complex topic. It’s emerging back into the news feeds. Hopefully Iraq can prosper and somehow all of this works out in a win-win.
  14. I would love to see a technocratic president as the replacement. And since I’m just dreaming here, in addition I want to see 13 of the clerics that represent the majority of the population within the cabinet. Those clerics would then be able to be guard dogs over their respective local regions and provide feedback as to the progress of infrastructure including roads, electricity and water. It will be tricky to do this without undermining the progress of international partnerships currently moving forward. Furthermore, education must be at the forefront of this reform to preserve what has be gained over the last two decades. And all of this to see progress on the streets for the better peaceful existence of these human beings. And I pray that they can live in harmony with their region and prosper with liquid trade and exchange of ideas, goods and services. With hope I wish that these human beings can make good with this opportunity, and if I had the power to give them patience with a strong hard line of willingness to accept nothing less than what they deserve.
  15. Looks like Kurdish in fighting as cross multiple countries. With the Iranian Kurds at civil war with the government, Iraq Kurds at peace for now with Syrian and Turkish Kurds in the middle of a government annexation; the Kurds seem to be the common factor. A true and single Kurdish state seems to be a better long term solution. That would have negative effects on the IQD value. However, it was promised to them after WWI and in my opinion are entitled to a single land for the Kurdish People. I preferred the Iraq Kurdish method of referendum to voice opinion and work towards a long term goal of a free state. I am afraid this Iran uprising is going to have a negative effect on the region. And in my wildest dreams, the USD would not have power in the region as the Gold Standard would return to the region to provide stability. The gold standard has had the longest track record of economic stability as I can see in this region. And when dream come true physical oil will have a peg on physical gold which will be the economic base.
  16. Doesn’t need to be a perfect solution, they just need to keep talking!! The tortoise won the race after all.
  17. I didn’t see where the oil from Kirkuk in the north is being processed through the national oil company. Is that happening? I would love to see a connection here with Article 140, Article 10 and the National Oil Company SUMO.
  18. Trump probably should have thought through the long term actions of withdrawal of Syria. Doesn’t take a genius see that letting a region to deal with their own problems will result with neighboring countries to work with each other. The whole petro dollar and “might makes it right” actions of the USA makes me question humanity sometimes. But hey, it’s the nature of things. Endlessly fascinating to watch.
  19. Can you link it up? I can’t find it. I want to see your math skillz
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