Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

oldtown

Members
  • Posts

    9
  • Joined

  • Last visited

Posts posted by oldtown

  1. This chat is Med sharing about his conversation with Sonny last night - So for what its worth here you go folks -

    Med says to (09:29:36): LAST NIGHT I HAD A LONG TALK WITH MY GOOD BUD SONNY - WE DISCUSSED JUST WHAT IS OUR OPTIONS WHICH ARE NONE LOL BUT HONESTLY....IS THERE A FUTURE FOR THE DINAR

    FIRST OFF THE NOTIONS THAT IT IS A SCAM I HAVE PUT TO REST MYSELF - IT IS NOT SOME LITTLE VOICE THAT IS THE BACK OF MY MIND RIGHT NOW SAYING I TOLD YOU SO WHY -

    BECAUSE NO WAY IN HECK COULD WE PREDICT EVENTS THAT HAVE HAPPENED SINCE U.S. FORCES LEFT IRAQ - EVEN THOUGH MALIKI SHOWED LITTLE INTELLIGENCE FOR RUNNING A COUNTRY

    HE SURELY HAS SHOWN HE HAS THE CAPABILITIES TO RUN IT INTO THE GROUND.... IT IS A LACK OF BRAINS THAT MAKES THIS EASY FOR HIM TO DO - BUT REALLY HE IS JUST NOT EDUCATED ENOUGH AND LACKS THE OBVIOUS LEADERSHIP QUALITIES THAT SET ASIDE GREAT LEADERS FROM THOSE WHO BECOME LEADERS THROUGH DECEIT AND TREACHERY WHICH IS THE LIFE OF NURI MALIKI

    WE HAVE SEEN THEM DO WHAT WE DID IN IRAQ OURSELVES A GOVERNMENT WAS ALLOWED TO TURN VICTORY INTO DEFEAT I WILL GIVE MY BUD SONNY'S VERSION

    HE FEELS WE STILL ARE NOT IN BAD SHAPE HE SAID THAT WHO CREATED MORE CHAOS WITH THE DINAR THEN SALEH IT IS TRUE

    NOW I THINK SHABIBI IS A GENIUS BUT SONNY POINTED OUT THAT SHABIBI WAS GOING TO LOP WHICH MEANS WHAT ALL WHAT WE HAVE IS WORTHLESS

    EVEN THOUGH WE DONT LIKE MALIKI OR AS PEOPLE WHO HAVE HIGH MORAL CHARACTERS WE ENDED UP BEING WAY TOO INVOLVED IN THE WRONG DOINGS TO THE PEOPLE OF IRAQ

    NOT THAT INVESTORS REALLY NEED TO DIS ASSOCIATE THEMSELVES FROM THE PERSONAL ASPECT OF WHAT YOU INVESTED IN.

    WE DIDNT INVEST IN THE PEOPLE OF IRAQ OR THAT AFTER WE LEFT THEY WERE GOING TO BECOME COMPLACENT AND NOT PUSH THE SPIRIT OF DEMOCRACY

    THEY NEVER EARNED IT HOW CAN THEY

    WE ALL KNOW WHAT SOMETHING LOOKS LIKE A YR AFTER IT WAS GIVEN TO US THEN GO OUT AND WORK AND PAY FOR IT SEE WHAT CARE YOU TAKE IN ITS PRESERVATION

    WHAT HAPPENS IN IRAQ AS FAR AS DEMOCRACY I DONT CARE ANYMORE WE DID OUR JOB OUR COUNTRY RISKED THE LIVES OF HUNDREDS OF THOUSANDS OF ITS SONS AND DAUGHTERS AND NOW THINKING ABOUT IT

    NO WAY IN ** DO I WANT TO SEND IN MORE OF THE FINEST SOLDIERS IN THE WORLD TO HELP A COUNTRY OF CORRUPT EGO MANIACS

    WE NEED TO FOCUS BACK ON WHAT WE ARE ABOUT AN INVESTMENT AND HOW DO WE MAKE MONEY OFF IT

    I MYSELF HAVE COME TO THE OPINION AND MINDSET MALIKI IS NOT GOING ANYWHERE

    THE OPPOSITION IS JUST TOO WEAK AND CANNOT SUSTAIN ANY MEANINGFUL RESISTANCE NO MATTER WHAT THEY WILL NEED AN INTERNATIONAL CURRENCY

    YOU CANT ENTER THE REAL WORLD OF THE INTERNATIONAL ECONOMY WITHOUT ONE

    AND THEY ARE SO SPEND HAPPYTHAT THEY CANT SAVE A DIME FROM THE OIL REVENUES *** *** ***

    I AM HOPING THAT INTERNATIONAL COMPANIES GET ** AND TAKE A RISK INVESTMENT NEEDS TO ENTER IRAQ MONEY NEEDS TO START FLOWING

    ONCE IT DOES THERE WILL BE A HONEYMOON AND IT WILL BE DURING THAT HONEYMOON IS WHEN I BELIEVE THINGS WILL RE PRIME ITSELF AGAIN AND THE OPPORTUNITY FOR SUCCES FOR US WILL COME

    NOW OTHER OPTION AND I DO THINK SONNY MAY HAVE HIT IT ON THE HEAD THAT THE SLOW GROWTH ISSUE IS MORE PREVALENT THAN EVER NOW

    HE SAID HE PERSONALLY EXPECTS THE DINAR TO MOVE AS MUCH AS 700 PIPS THIS YEAR THAT WOULD BE GREAT ITS NOT THE FAST SUCCESS WE THOUGHT YRS AGO BUT I WILL TAKE ANY NOW OK THATS ALL

    busman says to (09:52:09): Ch7 allows the US to take total control of iraq, correct

    Med says to (09:54:37): BUS WE NEED TO LOOK AT THE ORIGINAL DOC OF CHAPTER VII NOT ALL THE FILES ATTACHED BUT THE FIRST VERBAGE USED BY THE UNSC CUZ THAT IS STILL IN EFFECT

    busman says to (09:59:33): imo, this RV will not happen till after the national elections, and this govt. gets it together, same as kurds and goi, imo the hcl is playing a big part in that!

    Med says to (10:00:14): I AGREE BUS YES

    busman says to (10:00:28): i don't like it but that is what i see

    Med says to (10:00:28): AT SOME POINT THIS HAS TO FLOW IT WILL ALL MEET IT MAY BE UNDER A GOVT WE DESPISE BUT *** I DESPISE MOST GOVTS OK GANG THAT IS IT FOR ME TY

    • Downvote 2
  2. SteveI – Recap of where we are today and what to expect in the very near future. (don't promote other sites)

    October 3rd, 2011 03:51 pm

    The Finish Line Part 5

    Remember, it has

    been seen on many occasions that Iraq will have one of the strongest currencies

    in the region. I can personally assure you that .00089 or what it is now is not

    considered strong.

    Furthermore, they are co-sharing a port with Kuwait.

    Do you really think Iraq and Kuwait will share a major economic port with Iraq’s

    currency valued at .00089 and Kuwait at 3.62 or so against the US

    Dollar?

    It is in the news from months ago that the new banking system was

    put into place and we confirmed thru our sources that they have been trained on

    the new system. You do not put this type of major reform in a system that has a

    worthless currency?

    In the past, we took the approach of “check boxes”.

    We thought we knew what boxes needed to be checked, but in reality, there are

    many more than anticipated.

    This weekend was huge with respect of great

    positive articles. One of the things we all need to watch is the “follow the

    money” concept. Ray shared some very great news about Shell oil and their

    productions last week. We now have the Erbil Agreement back into action and

    hopefully into law very soon.

    I am going to repeat some information from

    a previous post this weekend for those whom missed it.

    Ray and I

    would like to add a few more things, not only did Shabibi state his concerns as

    mentioned, our sources which had very strong and close friendship with

    parliament, also stated (then) that the currency was approved to re-valuate but

    would not until the government, HCL and Erbil agreements are in place.

    It

    is now my understanding that the HCL has several parts to it and some of them

    have been voted on and approved. Just a few things left for the actual

    completion of all parts.

    This was then, and it somewhat appears to be

    fairly accurate. There is a lot of talk of the Iraqi currency changing in value,

    however, when Shabibi when on Iraqi TV and stated so, I think he felt that all

    of the things mentioned above would be resolved in a timely manor.

    Ray

    and I have stood on this principle from day one and pretty much still believe

    that way.

    Read

    More Link on Right

    Another

    concern that not only our country has, but the voice of many other countries is

    the lack of security in Iraq with no Defense and Security Ministers in

    place.

    The Erbil agreement being implemented is a huge step that will

    allow the rest to fall into place. This is very positive but please do not think

    that one it is currency will automatically just jump to is new value. I said all

    along, this has to be in place before it can move forward.

    One thing

    to remember, Dr. Shabibi will not go on Iraqi TV and tell the people that their

    currency will increase in value very soon if he had no intentions of doing so

    for many years to come. All this would do is cause more tension among the

    citizens. They have enough of that already. This information was very powerful

    because it was actually on Iraqi TV and some of Rays contacts saw it and heard

    it.

    This type of news does not get any better than that.

    Back in 2010

    the SIGIR (Special Inspector General for Iraq Reconstruction) report stated

    this: “Staff supports the CBI’s intention to continue to manage the exchange

    rate with a view to keeping inflation low. A strong and stable currency

    provides a solid anchor for the

    public’s expectations in an otherwise highly

    uncertain environment.”

    (I think this message is loud and clear that

    the budget must contain a STRONG RATE or the entire country and economy is a

    destiny for failure.)

    Ministry of Finance and the CBI: “The

    Ministry of Finance together with the Central Bank are studying a proposal to

    raise the value of the Iraqi dinar in order to return it to previous levels

    where one Iraqi dinar was valued at 3.33 US dollars.” Further

    elaboration on the plan that was being worked on was also given in the same

    article: “A statement by B.J. AL Zubaidi, the Minister of Finance, in which he

    said that he had suggested to the Chairman of the Central Bank, Dr. Sinan AL

    Shibibi, that three zeros be taken from the Iraqi Dinar in order to raise its

    value so that one Dinar be equal to a Dollar.”

    The IMF stepped in and has

    reportedly called for:

    ◦changes at the level of the

    spending;

    ◦reduction of inflation;

    ◦a plan to encourage the private

    sector; and,

    ◦a plan to address employment levels in governmental

    departments.

    I also talked about the Ministry of Planning (MOF). MOF

    Amended Exchange Rate Document

    1. It is necessary to put central

    controls to amend the official exchange rate * to reflect the

    shadow price of the foreign currency, and that is considered one of the

    necessary requirements to implement the net discounted present value standard

    and the internal return rate on investment in the economic calculation stated in

    the instructions, paragraph nine.

    (* What is meant by exchange

    rate: the number of units of foreign currency, expressed in dollar per one

    dinar.)

    2. Justifications for exchange-rate

    adjustment: there are a number of important and powerful arguments

    which support the view that the official exchange rate reduces the real value of

    foreign currency for purposes of calculating the economic national profitability

    for investment projects and hence for the purposes of investment planning. It is

    demonstrated in this context to call for assessing the dinar for less than

    (3.208) dollar (official exchange rate) when assessing project outputs and

    inputs of traded goods of exports, substitute imports and imports…

    etc.

    Here is the best news yet!

    Baker

    Jaber AL Zubaidi: Iraqi Dinar Value should be Raised<– Article to

    support this.Reserve is sufficient to raise the value of the Iraqi

    dinar

    Let’s all keep in mind the following:

    We

    know also for a fact is that until they, at a minimum reinstate there currency

    back to the $1.00 IQD to $3.22 USD as it was before Saddaam took over. The IQD

    is not internationally recognized, that means no other banks outside of Iraq

    recognize it as legal tender. Which means it cannot be deposited into an account

    nor can there be any electronic funds transfers into the international community

    outside of Iraq. Why is that important, well we know Iraq has been working hard

    to develop relationships globally.

    Let’s talk briefly about this

    part.

    1.) Azzaman reports that the Ministry of Industry and Minerals has

    asked South Korean firm Daewoo to rehabilitate its steel industry, which has

    been idle for more than three decades. Iraq had built one of the Middle East’s

    largest steel complexes, called the State Company for Iron and Steel, near the

    port of Umm Qasr, about 45 km south of Basra. According to the report, the

    complex was built by a French company and partly completed by the late 1970s,

    but production was halted in 1980 with the start of the Iraq-Iran war.Article.

    2.) TEDxBaghdad will Make the Impossible

    Possible when it brings some of the country’s – and world’s – brightest minds to

    Baghdad’s Al-Rasheed Hotel to imagine the Iraq of the future. Through a series

    of talks and performances by a diverse array of talent, TEDxBaghdad will inspire

    a new Iraqi narrative in the wake of war while capitalizing on the rich cultural

    history of a region known as The Cradle of Civilization. Article.

    3.) The Mayor of Baghdad, Sabir al-Issawi, met

    representatives of the French company Sistra [systra] to discuss the studies and

    designs for the Baghdad Metro Project, a Mayoralty statement reported on

    Wednesday, according to Aswat al-Iraq. Article.

    4.) Australia’s Ambassador to Iraq Ms Lyndall

    Sachs visited Erbil this week to exchange views with President Masoud Barzani

    and Prime Minister Barham Salih on political and economic developments and to

    discuss increasing economic relations. Article.

    5.) Poland’s Ambassador to Iraq Mr Stanislaw

    Smolen met KRG’s Head of Foreign Relations on Wednesday to discuss establishing

    a Polish representative office in the Kurdistan Region. Article.

    6.) The Trade Ministry adviser said Kurdistan

    on Monday, the Italian economy development Minister and representatives of

    55 Italian company will visit Kurdistan today, to participate

    in the Italian Economic Forum-planned joint in Kurdistan capital Arbil on

    Tuesday. Article.

    7.) Built on the land of the port stronghold

    in Basra governorate weekend international exhibition of agricultural equipment,

    together with the participation of 120 domestic and foreign companies, according

    to official media gallery. Article.

    8.)

    Iraqi Investment Authority announced Monday granted 24 licences fro private

    sector companies worth 24 billion dollars during more than two years. Article. <– I really liked this

    one.

    9.) The Federal Transport Ministry announced on Monday the

    allocation of 60 million dollars in balance of 2012 for the railway. Article.

    Plus hundreds more of nothing but positive

    intents by global countries and companies.

    While we are on the subject of

    banking, how about this analogy.

    Perspective on Iraq’s private

    banks by IraqiXchange

    Summary: With inflation stabilized, oil

    production up and government encouragement to become better capitalized, private

    banks are drawing potential foreign investment partners because they are

    positioned for success in Iraq’s post-war economy.

    Baghdad – A resurgent

    oil economy, projected GDP growth at more than 12 percent and a record level of

    foreign investment point to signs that the private banking industry in Iraq is

    looking at substantial growth, a new report on Iraqi banking says.

    The

    groundbreaking analysis, conducted by Ahmad Saleh, senior research analyst at

    IraqiXchange, also indicates that for the first time in the modern era, bank

    deposits in Iraq accounted for more than half of the money

    supply.

    “Iraq’s economy is growing out of its wartime

    difficulties quickly and transitioning from a centralized economy to one that is

    market-based,” says Saleh, an Iraq native and veteran North American

    banking analyst.

    “With credit accounting for more than one-third

    of bank revenue and deposits at record levels, our analysis identifies

    attractive and specific investment opportunities in the Iraqi banking sector,”

    Saleh says.

    HSBC of London, Qatar National Bank and National

    Bank of Kuwait are among those with stakes in Iraqi banks, and more financial

    institutions are following.

    “We are very optimistic about Iraq over the

    next three to five years,” says Dennis Flannery, Citi’s country head for Iraq

    and a former U.S. financial attaché who previously worked at the World Bank and

    Bank of America. “Our feeling is that good progress is being made, and we expect

    to see really significant increases in the GDP in coming years — really

    significant.”

    The Middle East and Africa banking sector is second only to

    Asia’s in growth potential, according to the 2011 Barclays Corporate Global

    Banking Survey of 200 top banking and insurance services

    executives.

    Influenced by the World Bank and the International Monetary

    Fund, the Iraq government is phasing in an increased capitalization requirement

    for all banks.

    ”The hope,” Emirates Bank investment strategist Irfan

    Chaudhry tells IraqiXchange, “is that new capital requirements will bring

    consolidation, increased investment and more interest from foreign

    banks.”

    Article.

    While we are talking about banks, I loved this

    news:

    Capital Bank Opens first National Bank of Iraq Branch in

    Erbil <– Best news yet!

    As part of its

    expansion plans across Iraqi provinces, and in an effort to offer premium

    banking services and facilities to its corporate clients, Capital Bank announced

    the opening of its first National Bank of Iraq (NBIRQ) branch in

    Erbil.

    Through its acquisition of a controlling 72% share in

    the National Bank of Iraq (NBIRQ), Capital Bank is the only Jordanian bank in

    Iraq offering superior services that facilitate and fund trade and banking

    services between clients in Jordan and Iraq.

    The new Erbil branch was

    inaugurated by His Excellency Dr. Barham Salih, Prime Minister of the Kurdistan

    Regional Government, in the presence of His Excellency Bassem Khalil Al-Salem,

    Chairman of Capital Bank, and Nozad Hadi, Governor of Erbil, in addition to

    National Bank of Iraq Board Members and a number of prominent figures in the

    region.

    The new Erbil branch increases the total number of NBIRQ branches

    to seven, three of which are located in Baghdad, one in Mosul, one in Karbala

    and one in Basra.

    “We are delighted that the National Bank of Iraq has

    brought its services to Erbil in addition to the other provinces it is already

    serving and we are also pleased that the National Bank of Iraq branch is the

    only Capital Bank branch in the Region. Erbil is currently witnessing

    exceptional economic activity as a result of its political stability making it a

    prime destination for investors that are targeting the Iraqi market”, said His

    Excellency Dr. Barham Salih, Prime Minister of the Kurdistan Regional

    Government.

    “Our investment in the National Bank of Iraq is a long-term

    strategic decision that stems from Capital Bank’s firm belief in the

    wide-ranging economic opportunities that are available in Iraq”, commented His

    Excellency Bassem Khalil Al-Salem, Chairman of Capital Bank, the fourth largest

    bank in Jordan in terms of capital.

    “As the only Jordanian Bank in Iraq

    that provides both commercial and investment banking services – through its

    investment arm Capital Investments – our relationship with the National Bank of

    Iraq allows Capital Bank to better service businessmen and merchants in Jordan

    and support the increase of Jordanian exports to Iraq”, stated

    Al-Salem.

    Al-Salem went on to affirm that the National Bank of

    Iraq aims to strengthen ties and enhance investment opportunities between Jordan

    and Iraq, which is considered one of the fastest growing economies in the

    world.

    Article.

    Don’t you just love to hear these words: which

    is considered one of the fastest growing economies in the

    world. So just how long do you think they can keep their currency

    worthless? Not very long my friends!

    New Private Banks in

    Iraq

    Iraq’s Central Bank has reportedly granted new banking licences

    to four new private banks, each with capital of 250 billion Iraqi

    dinars [$212 million].

    This reportedly brings the number of

    private banks operating in Iraq to 35.

    Meanwhile, an economic advisor to

    the Prime Minister is quoted as saying that a package of incentives is being

    prepared to encourage small private banks to merge and form larger, stronger

    entities. Article.

    We believe that all of the auctions in

    Iraq over the last several months was to move the lower denomination bills to

    the Iraqi banks preparing for the RI/RV, for the Iraqi citizens. This is so they

    don’t have to carry a $5,000.00 bill to go and buy a loaf of bread, and how do

    you make change for that when you lowest bill is a $1,000.00 or a $5,000.00 IQD

    note. The reverse of that is they pass out the lower denomination notes but

    don’t RI/RV. Now you need a wheelbarrow to carry enough cash to buy that same

    loaf of bread… By the way I have seen pictures of these new notes, so I know

    they do exist.

    We heard Maliki in his address last week (several months

    ago now), tell the GOI to revalue the IQD as soon as they can.

    We know

    that Iraq has the oil to backup the new elevated currency. Just today this

    article came out.

    Iraqi oil reveal produced 4,000 tons of liquid

    gas per day

    Baghdad, 3 October (aknews) – the federal Iraqi oil

    Ministry announced, Monday, that gas oil output reached 4,000 tons a

    day.

    Ministry Undersecretary Ahmad Al Kurdistan News Agency (aknews) “the

    oil Ministry produces 4,000 tons per day of oil through the enigmatic quickly

    deployed in all governorates of Iraq is enough lsdhagh country.”

    “The

    Ministry is to import tons of liquid gas in order to avoid critical or emergency

    conditions and is working to reach self-sufficiency in liquid gas

    consumption.”

    The Iraqi oil Ministry announced Saturday that it produces

    12 million l/j from gasoline with imported 12 million l/j per day.

    She

    stopped providing civil and governmental owners generators with fuel free and

    return to the previous processing contexts.

    The Ministry attributed the

    causes of the high consumption of petroleum products to Iraq high import cars

    and power outages.

    The Iraqi Government announced last June on the

    allocation of $ 400 million to equip civil and governmental owners generators

    with fuel for free.

    Article.

    We know that Baker Jaber AL Zubaidi states

    that the Iraqi Dinar Value should be Raised. <– This is a great article with

    solid government links.

    We know that Maliki wants our troops to

    leave.

    We have Dr. Sinan al-Shibibi in news interviews and articles, on

    more than one occasion throughout the year telling us they are going to raise

    the value of their currency this year.

    Let’s talk about the dinar

    value and raising it;

    Here is an actual article in print about

    raising the value of the Iraqi Dinar. Dr. Sinan al-Shibibi in this article talks

    about the exchange rate. The actual quote: “He pointed out that the bank

    wants and means to affect the economic and monetary policy by making the dinar

    valuable and powerful.” Article.

    Let’s talk about the timing

    now;

    First of all, I am very tired of all the emails I get

    saying that “my great friend’s sources in which I cannot share” says, bla, bla,

    bla and it is done. Okay, really? You all know who they are.

    I feel like

    this whole predicting the date and rate has become a popular Vegas betting line

    game. Who will be first is the game. Ray and I, and I speak for our mods, do not

    care who is first, but rather who is accurate in facts.

    What we do know

    is the Erbil Agreement is very important along with the ministers and HCL laws.

    Not one person on this planet (other than a few key people in Iraq) can tell us

    exactly the status of these things. However, I concur that they will pretty much

    be all done together or simultaneously. I think with an ego that Maliki has, he

    will want to take credit for this and make some sort of an announcement after it

    happens.

    HCL news today: As you can see, a few kinks need to be worked

    out. I do not think this will hold anything up however.

    An Iraqi

    parliamentary Committee: still Bill pending oil and gas

    October

    3, 2011

    Member of the Committee on oil and gas in the Iraqi Council of

    representatives on Monday, that the draft law of the State oil and gas, and oil

    and gas Bill still pending parliamentary so far, resolving the Kurdish problem

    in Baghdad by voting.

    The Deputy from changing, Bayezid Hassan Kurdistan

    News (aknews) said that the “alleged that oil and gas Committee in the House of

    new Bill is shame on health, and the matter remains pending, with government

    officials in Baghdad speaking on the amendment to the draft law of the State oil

    and gas in canine Council through voting.

    He noted that “according to the

    experience of the past four years, cannot happen at any time to resolve its

    problems with the Federal Government via vote, and that the option agreement was

    the best way to deal with things, and should therefore be on Al Kurd should

    pursue this option, and only allow resolving the issue of oil and gas Act

    through a vote in Congress.”

    Hassan said that “Deputies conducted the

    second reading of the draft hydrocarbon law on 17 August, and has been read 26

    articles of the draft law, but at the request of the National Alliance were

    stopped the Bill, and in 25 of the same month the Iraqi Government approved a

    draft law on oil and gas in the majority of the votes and sent to the House of

    representatives, although one of the 19 contained in working paper signed by

    Kurdish Prime Minister Nuri al-Maliki stated that the adoption of the draft law

    of oil and gas in harmony”.

    And the Iraqi Government announced, on 28

    August last, on the ratification of the draft law of oil and gas, and decided to

    refer it to Parliament for ratification, while the Office of the Deputy Prime

    Minister for Energy Affairs, Hussain Shahristani, on 2 July last, the Government

    introduced some amendments to the draft of the long-awaited oil law, which was

    the Committee on energy in the Cabinet.

    The deputies of National

    Alliance, which includes a State of law coalition and the comrades and the

    Islamic Supreme Council, were pulled out of 24 deputies meeting held on 17

    August last, after opposition to the first reading of the proposed law of oil

    and gas in the Chamber of deputies directly without presentation to the

    competent ministries, which led to the lifting of a one-hour meeting, the

    Council Presidency, then decided to postpone the reading.

    The effects of

    oil and gas bill submitted by the Government to House mixed reactions, most

    individual position and Patriotic Alliance of Kurdistan region Presidency

    rejecting the project.

    Article.

    I still think you need to watch the forex

    boards and just let it show up. Then when it does, take a second look then

    scream (or something like that.)

    Will any of us know ahead of time?

    Truthfully, no. Because of the huge impact it will have, it will happen globally

    all at once. Timing is everything now.

    So, please keep posting the news,

    good or bad and just let this come to you and play out. I wish I could speed up

    things, but all I can do is assure that we will all cross the finish line at the

    same time, and in style.

    I am confident it will happen in the near

    future. Could it and will it happen in a few days? Maybe, but probably not.

    Could it and will it happen in a few weeks or couple of months? More than likely

    and probably will. Will it happen in 2012 or the next couple years? Absolutely

    not. The country would financially fall apart.

    I understand this is not

    much new, however it is a short recap of where we are and the future that lies

    ahead of the Iraqi people. Personally, between Rays contacts and family members

    in Iraq, my partner in Iraq, Iraq has taken huge strides and major progress in

    the rebuilding process of this country. I believe you have every county in the

    world working and helping Iraq achieve their goals. When Iraq emerges as a new

    economic giant, we all are winners, but moreover, the Iraqi people who have

    endured such terrible living conditions because of one past human dictator. This

    is way the Erbil agreement is so important.

    Right now, Talibani has 1/3

    power, and Maliki has 2/3 power. Once the Erbil agreement is put into law, it

    will be Talibani 1/3, Allawi 1/3 and Maliki 1/3. Now you will have true power

    sharing and this country will move along even faster and achieve even greater

    things.

    All positive my friends and I will say this again, this

    investment I got involved in, and hopefully you as well, will be very rewarding

    in due time. This is something you cannot rush. Many members have also expressed

    the timing will be when Iraq is ready and not one minute or day before.

    I

    truly still stand firm in my statement about the 200% assurance of this

    investment. I sure all hope you all feel that way too.

    Here

    is a recap of how the world views the necessary changes in and for Iraq after a

    recent study:

    RECOMMENDATIONS

    To

    the Government of Iraq and to the Council of Representatives:

    1. Strengthen the anti-corruption framework to allow for

    greater and more effective cooperation and coordination between the various

    state institutions involved in combating corruption, specifically

    by:

    Picture

    2. Pass political

    party legislation requiring parties to display financial transparency and

    publish detailed annual accounts, including all sources of income and

    expenditures.

    3. Reform the Council of Representatives’ bylaws, including

    by removing administrative matters from the speaker’s prerogatives, facilitating

    the formulation of legislative bills and accelerating the lawmaking

    process.

    4. Streamline the legislative process by:

    Picture

    5. Reform the

    Council of Representatives’ oversight function to focus on policy implementation

    through the questioning of senior technocrats and administrative officers rather

    than politicians.

    6. Enact a law that would prevent the head of the

    Higher Judicial Council from occupying the position of chief justice, and

    protect the Supreme Court’s independence by forbidding any political

    interference.

    To the United States and other members of the

    International Community:

    7. Publicly express disapproval of the

    Iraqi government’s and parliament’s failures regarding long-overdue

    reform.

    8. Provide immediate and direct support to the Council of

    Representatives by seconding experts in parliamentary development to work

    directly in the Council’s offices on a long-term basis.

    9. support

    efforts to reform the anti-corruption framework, notably through advice on

    rendering administrative functions more efficient.

    The finish

    line is just ahead, or at least I can finally see it now! If you are

    still not a believer in this investment after all of the positive news articles

    and facts I laid out above, I am not sure I nor anyone else will convince you

    that this is a very good investment providing you are willing to be positive and

    let it come to you.

    Anyway, I look forward to meeting each and every one

    of you that will be coming to Arizona post RV and we can all start our new lives

    together. I promise not to leave you or quit on you as we have come along ways

    and I am here with you all until the end.

    Until we reach the finish line

    together, blessings to you all. Have a great week. We will all

    keep you posted and updated as events take place. I will leave you with this

    thought because many of you are hurting at various levels; compassion

    offers whatever is necessary to heal the hurts of others because leaders are

    their best when people get behind them!

    Steve

    • Downvote 13
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.