oldtown
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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
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What call are you talking about?
can you give us some details please
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DONE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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+ one for u
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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
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THANK YOU VERY MUCH FOR THIS POST
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DECEMBER 21,2012 IS COMMING
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the dinar is not yet tradeable money
MED DISCUSSES HIS TALK WITH SONNY 2-9-13
in Chat Logs
Posted
UNEEK.....what is your site