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Mnt Goat Monday Update - "Its Monday Again - Déjà vu Time" Part 1 - 11/16/2015 (Thank you George for emailing this to D.Recaps.) UU6834 –“Its Monday Again - Déjà vu Time" by Mnt Goat Hello Everyone, First I need to clarify one point someone spoke of in a forum. They said that the new 50k notes were already for sale on ebay so they would then have to already be launched in Iraq. Really? I think this person better go back and recheck again before they go of half cocked and make some stupid statements like this one. Common sense must prevail. If you know the basis for these notes and how Iraq intends to use them you should automatically know they will never be sold in the auctions and end up on ebay, especially not at this time, nor could they. So please rethink before you talk, think! I have included, once again, an explanation of these new notes today and how they are to be used. There is a lot of negativity in what process is about to begin very shortly. Be careful who you listen to. We are about to enter the most critical period EVER in this entire investment period. I will explain it all in today’s news letter. But make sure you read the entire news letter. Many of you go off half cocked after only skimming the news and do not really absorb what is being said and the tone of how I say it. It is being all done intentionally. Then later you have so many questions and usually the answers have all been given to you only you want to spoon fed- you are lazy. Instead no babies here and I refuse to spoon feed anyone. We are all adults, we are all grown up. Take responsibility for educating yourselves. All the info you need going forward has been revealed to you today as I am told it is time to tell you now. NOW is the time to tell you…hint…….hint… I am only here to help you. I have no gimmicks, no forums, no donations, no products to sell you, no advertisement commissions. Only thing I offer you is - NO Hype, NO Rumors and all just FACTS all the time. This is my only goal and mission. Today’s News Today is Monday November 16th. What? – Still No RV……lol….lol…. Seems everyone was fooled once again with all this misinformation about an immanent RV over this past weekend. Now it’s wind’em up, hype’em up for next weekend time…..lol… Update: Needed Reform Laws So in my news letter dated 11/9 (LINK), I gave you a laundry list of reform laws and what is left to accomplish (if you needed a laundry list). I gave you the following list below. Now let’s see where we stand today. -Amnesty law - second reading completed, 14 point of contention need to be resolved. -Mandates of the three presidencies (second reading was completed on 11/12) -Accountability and Justice law TBD ( suspect this will happen in the next couple weeks, we await in anticipation) -Final announcement of the Federation Council law TBD (again we await in anticipation) -Final report card and unity meeting for the mandate for Reconciliation called the “Reconciliation Conference” in articles they told us they were targeting to conduct this conference in mid December. Targets usually mean just that and can be moved forward or back depending on progress. Why did the pick mid Dec? Take a look at all these other dates of planned activities concerning currency reforms. -Dealing with Maliki and the Iranian influence – See article below. The question is - will Abadi still want to prosecute Maliki and his goons within Iraq or release him to the ICC? Article Begins INTERNATIONAL COURT REFERS MALIKI AND AIDS ON GENOCIDE CHARGES International Criminal Court's decision to refer the Iraqi Prime Minister Nuri al-Maliki and his aides to court on charges of genocide: International Criminal Court decided to refer the Iraqi Prime Minister Nuri al-Maliki and a group of his senior aides to court on charges of genocide. Mr. Mohammed Al-Kaabi spokesman for the Court for the Middle East said that one of the associates of al-Maliki, who Torteurahalthm to court Gen. Farouk al-Araji, director of al-Maliki's military office and Lt. Gen. Ali Ghaidan, commander of ground forces and Saadoun al-Dulaimi, the defense minister and the agency, Adnan al-Asadi senior agent Interior Ministry and intelligence chief Zuhair Gharbaoui team Qassim Atta, director of operations at the intelligence service and the team called Hgati head of the anti-terrorism device. He revealed that the Court now has complete files crimes committed by al-Maliki and his aides, including the genocide in Anbar and Kirkuk and the blatant violation of human rights and to follow the brutal methods of torture and violation of freedoms of citizens and contrary to the Geneva Conventions and the Charter of the United Nations and international law. Article Ends Update: Currency Reform I have said that only when you see these events (golden nuggets) could there be a strong indication of an upcoming RV window of opportunity. Such signs as news of launching the new 50k or 100k notes, articles about increasing the value of the dinar, distributing the lower denominations and coins, news of going international, deleting the zeros, putting the currency on a float vs fix regime, re-launching the tariffs, etc. So now we see that almost all of these events that I mention they have begun to address in some form or fashion over the last 2 weeks. This was all amazing news and all in such a short time period too. You know what let me tell you a secret- IT IS ONLY GOING TO GET BETTER! Are you now convinced they are working hard on trying to figure out what to do with the currency? We can see something is about to happen in the not so distant future. There are many reasons why they are pushing so hard for a December timeframe. But we need to look at the timeframe once again and know why Mnt Goat is saying December. So let’s do that then. So first the logical question to ask is this - Did Iraq give us any timeframes for launching any of these projects that affect currency reform? I included a summary below from our 2 weeks of reporting. So after reading this entire news letter today you be the judge when the RV might have a probably timeframe to occur. 1. launching of the new 50k notes –articles told us the CBI issued these notes to the banks already and they plan to launch the use of them beginning in early Dec 2015. Wow- Just weeks away! 2. launching of the new 100k notes – article told us the CBI will issue these notes to the banks in early 2016 sometime. I will explain this to you too as to why they are doing these later. 3. resuming the “project to delete the zeros” – in March 2015, the CBI told us this project was postponed until early 2016. This was due to ISIS attack. We have not yet heard any definitive timeframe to resume, however there has been amazing discussions about this project in recent articles from economists and financial experts advising Abadi and the finance ministry on what to do. I suspect they will be telling us shortly what they have decided to do. http://iraqdinar.us/currency-will-be-replaced-by-early-2016/ I now believe this project is being moved up from 2016 into 2015. We wait and watch. 4. distributing the new lower denominations and coins – no definitive date on this yet however the CBI has told us these notes and coins are at the banks and ready to go. We also know the last shipment from the USA has arrived and many banks in provinces formerly held by ISIS now have these notes. There is a plan to deliver them to Mosul and surrounding regions too once free of ISIS. They are targeting this by the end of November. Then this project will be completed. They must launch these lower denoms when they begin launching the 50k notes. They are interconnected events. 5. deciding the currency regime for the new IQD – articles told us the best solution is a ‘float’ regime. I presented an article to you on this topic already as proof. Did you read it? https://www.imf.org/external/pubs/ft/scr/2015/cr15235.pdf 6. re-launching the Customs and Tariffs – in articles they have told us they plan to do this in early Dec 2015. Coincidental this is the same timeframe as the launching of the 50k notes? 7. re-launching of the Sovereign Bonds – we know the first launching was disastrous as the premium Iraq had to payout on the bonds was around 20% due to the low risk of a low sovereign credit rating. How can you make any money this way? So they decided they would cancel this current bond drive at the end of November. They also told us they plan to resume the bond drive in early 2016. Why would they do this unless they plan to upgrade Moody’s and Standard and Poor’s credit rating to reduce their payout yet stay competitive? 8. Completion of the 2016 Budget – in articles they told us the first reading was conducted last week and the second reading is planned for today, Monday 11/16. They also said they plan to vote on the budget on Thursday is all goes well. There is also a “basket” of laws coinciding with the budget they also plan to address on Thursday. They did not tell us what these other laws were. Could they be some other golden nuggets we have been waiting for? Do they plan to begin the new year with a new currency? We will wait and see. More Recent Golden Nuggets So we heard news last week that the CBI fully intends to rollout the new 50K notes in early next month (December). We know that they need a significant increase in the dinar value to force the launching of the lower denominations at or about the same time. Why? Lots of questions everyone is asking about these 50k and 100k notes. So let’s look at what is going on here. Why would Iraq have to RV on or about the time of launching these new 50k notes? First let me say they do not have to RV but just increase the value of the dinar significantly from the 1166 rate so right off from the start this is where people are getting very confused about coming out at a low rate. Again –when this happens THIS IS NOT THE RV. Read more… Lots of reasons for the 50k notes. So let’s explore these reasons today and see if I can assist you in understanding what is about to happen and how it will all transpire. Also please read article below on this topic for more explanation. 1) First let us remember that we have positive factual evidence that the CBI began the RV process back in 2012. This is not rumor or conjecture it is FACT! 2) Second we know that prior to 2012 RV timeframe, the CBI started the project to suck in the 3 zero notes off the streets of Iraq. At this time they reported that nearly 75% of them were collected. This is FACT! 3) Third we know they have not and will not distribute anymore of the 3 zero notes since 2012 and we know the CBI has let more US dollars back into the Iraq economy to supplement the currency shortage. So Iraq is running mostly off of US dollars today. There is a ratio of US dollars to dinar being allowed by the IMF. They are being lenient and cooperative in the CBI plan but they have already told Iraq to correct this situation since the ratio of US dollars to dinar is not proportionate as allowed since Iraq will stay using the dinar. Then we know (cause we read articles on it) earlier in 2014 a law was passed prohibiting using US Dollars but again the IMF overlooks this imbalance in currencies for the time being. We know that since 2012, the CBI in cooperation with the banks, has run many programs to sucker in yet more of the 3 zero notes out of circulation. Many thought then that these programs were the RV and Mnt Goat to keep stepping in to help correct all this RV nonsense. Some still continue this nonsense for every weekend even though I try desperately to help then to avoid all this unnecessary hype and rumors. The CBI reports now up to 80-90% now are gone. 4)Fourth we must go back in history as they recently told us that the project for the 50k and 100kk notes goes back to 2006 thus it is not new and has been planned all along. Next they told us recently the connection with the “project to delete the zeros” in that the one of the reasons for now launching the 50k notes is to attempt to suck up the remaining 10-20% of the 3 zero notes out of circulation and force the lower denominations to be launched. Why would this force the lower denominations to be launched? 5) Fifth we know that (as I just told you above too) that there is a ratio of allowed dinar to US dollars. So since the 50k notes will suck up yet more or these notes, the void gets larger and thus the ratio of US dollars increasing which will grossly violate the IMF restrictions on the use of the US dollar. So this is the time when the pressure is exerted on the CBI to do something. So they only thing they will be able to do is launch the lower denoms to offset the ratio thus satisfying the IMF. So have you heard about a CBI MECHANISM to launch to lower denoms? Did you ever wonder what the hell this mechanism could be? Well this is it. Of course the CBI just doesn’t give out FREE money so the local banks will have to collect in the 3 zero notes and use them to pay the CBI for the 50 notes. To prime the pump the banks would buy these 50k notes using the an I.O.U. They CAN NOT initially us US dollars to purchase them. Later post RV they can. Initially the CBI wants for force the collection of the last of the 3 zero notes and later force the collection of the US dollar. The local banks are the instrument/tool to do this. Nice strategy is it not? But remember the liquidity problem, so this all has to be done in a VERY SHORT PERIOD OF TIME and can not continue long. They need cash in the banks to loan out. This MUST happen suddenly and briefly. The timing has to be perfect. For instance: they would give the CBI any combination of the 5k, 10k or 25k notes for a new 50k. (5 x 5K = 50k) or (2 x 25k = 50k) or (10k +10k + 25k + 5k = 50k) just as examples. So the banks must come up with a plan as to how to sucker the people to turn in the last of their dinar. How will they do this? They must pop out a rate of the dinar (3 zero notes) higher than the US dollar. So the 1166 rate will suddenly and unexpectedly shock everyone one day and go way up to probably around 90 cents to just over $1.00 on a float. This is not yet the RV. This is not yet international. So keep this in mind. This is VERY IMPORTANT. This is where many will get very confused in the process. But you know better now since yo have faithfully been reading and keeping up with this RV saga with Mnt Goat. You may not even hear about this sudden process too much. This will be the waiting period for us and we will all be very anxious. The rate will not yet be on the exchanges. This is purely another “sucker” rate. They will run this campaign for 4-5 days (or as long as they need it) then pop out the full RV about $4.00 + rate. ******************************************** "Its Monday Again - Déjà vu Time" Part 2 You may not even hear about this sudden process too much. This will be the waiting period for us and we will all be very anxious. The rate will not yet be on the exchanges. This is purely another “sucker” rate. They will run this campaign for 4-5 days (or as long as they need it) then pop out the full RV about $4.00 + rate. Meanwhile the new RV rate $4.00+ will be at the banks and I am hearing the US treasury may even begin exchanging to internet dinar holders and anyone knowledgeable of this process much early before the official RV going to the exchanges. Thus begin this process when Iraq first gets the 90-$1.00 rate. Everyone else will get the news when it is announced and they go into the banks when it does get posted on the exchanges. They will be surprised at such a high rate offered since they would already have heard of only a 90-$1.00 rate in Iraq. Many will be very confused. But you should not be confused since you know now what to fully expect. So what do you do? For me I am going after the highest rate possible and will wait until I am called to the bank for the $4.00+ rate. But I warn you ***** CAUTION***** there will be charlatans and scammers everywhere trying to exchange your dinar for the 90-$1.00 rate so be careful and know there is a much better rate offered at the banks even though it may not yet be on the official currency exchanges. So in the long run what will the Iraq banks do with these 50k notes once they have purchased them from the CBI? There is a mandate from the CBI to banks that they will use these new 50k and 100k notes for very large inter-banking and commercial transactions since once they collect all the large old 3 zero notes they will no longer have the very large 3 zero notes for this purpose( 5k, 10k 25k). The 50k notes will coincide indefinitely with the new lower denominations ($5, $10, $20, $200, etc) in circulation as the new Iraq currency going forward. I also want to point out in the article below we have most of the evidence of this plan I just talked about above. It talks about the 50k notes and with it (in the same breath) talked about the “project to delete the zeros” and the postponement of it in 2012. In this article they tell us this project of the 50k and 100k notes goes back to 2006 and so it too must have been ready back in 2012 to launch but it was held up. This seems like a very good summary to me. Why did we then hear that they were just printing these notes now if they could have launched the project in 2012? How could the notes have been ready in 2012? Let’s do a time warp back in history. This is not really that big of a puzzle to solve if you had been paying attention to this RV saga as long as I have. I come to help everyone understand the puzzle but many simply do not want to listen. Will you listen? Way back in the year 2011ish they told us they would have to re-design these notes to have Kurdistan representation on them. Back then they even told us this would be done in 2015 but we did not fully understand what the hell they meant since surely, we thought, they would not wait this long to RV. So now this year we witnessed this being completed and we read articles on it. Here is what they also told us about these 50k notes and its association with the project to delete the zeros and I quote from the article – “And a project to delete the zeros and repair system of cash payments, Economic Adviser to the Prime Minister said, he has seen bickering prevented obtaining the support and recognition of the Council of Ministers in 2012”. This is again another indication of their intent to continue the project to delete the zeros (and RV their currency) in close proximity to launching these 50k notes way back in 2012. So now they have decided to go forward once again. I know this was a lot to read just for me to make my point and prove to you the connection between the launching of the 50k notes and the RV and the entire process. But it is a process and if you want to truly understand it… then go read my above explanation. There is absolutely no one else who has explained it or can explain it in this much detail to you because no one has the friends at the levels I do. But even getting this plan first hand from verbal contacts it still does not make much sense until you can associate it with what Iraq is now doing. This takes being able to read the articles and make sense of them. It means remembering past events and associating them with today’s articles. Remember “it’s not so much what they say but what they do” and this is the context of this saying. But this saying does not mean you ignore the articles and you are simply ignorant if you do and you will never figure this out if you do. Also most are simply much too LAZY to read the articles and make all the connections to what is now happening in IRAQ (and told to us in the news) to even begin to see the big picture of this puzzle. Many have asked me for the overall plan. Well I just gave it to you. NO Hype, No Rumors and just the FACTS. Many just get dribbles and drabs of intel and they have all they need to put it together only if they would get their noses into the articles and READ,, READ,, READ ! Article Begins ABADI ADVISER (SALEH SPEAKS) EXPLAINS THE PROS PUT THE CATEGORY OF 50 000 DINARS Economic Adviser to the Prime Minister said the appearance of Mohammed Saleh, that Iraq needs a central bank issuing cash paper of 50 thousand dinars category, to shorten the transaction, given that the country is dealing cash payments and no credit cards in circulation in the West Kalveza CARD or MasterCard and other cards and instruments. And Saleh, in an exclusive interview with Radio tow, that the issuance of the largest category of cash, is a financial project put forward since 2006 at the Economic Commission (in the cabinet), which is currently equivalent to about $ 46 (depending on the exchange rate), explaining that the major Iraqi currency accounted for 90% of banknotes, so the issuance of 50 thousand class will strengthen those currencies and contributes to the shortcut transactions. And a project to delete the zeros and repair system of cash payments, Economic Adviser to the Prime Minister said, he has seen bickering prevented obtaining the support and recognition of the Council of Ministers in 2012. He believed that the new currency version of the 50 dinars category, will reduce the cash currency carry on the citizen, as it reduces the count sorting and storage operations in the banks and therefore the consequent cost private said it was "very high", adding that it would push for raising the efficiency of the system of cash payments . Saleh expressed surprise at the criticism directed some resolution version of this new category, and called on them to not to dwell in the affairs is not their specialty, and expected formally awarded within the circulation and salaries early next year. Article Ends Folks it is really that simple. These notes now are in the vaults at the banks but not yet being able to use them until the CBI gives them the go ahead. They have been instructed as to how to use and when. They are telling us they plan to launch these what I just described to you above in early December. So now based on everything I just told you – When DO YOU THINK the RV might occur? So I hope we clarified this topic of the 50k notes once and for all and gave you some more insight on how they plan use them in the overall BIG picture? Why are they waiting till 2016 to launch the now 100k notes? They do not want to put these notes in circulation as of yet until the economy is running smoothly. As the need arises they will launch them but the process and intent at this time will be much different. First the intent in 2016 will be to collect as much of the US dollar as possible out of circulation and back to the CBI. So the banks will pay for these by using US dollars on-demand from the CBI. Secondly there will be a need for them as the economy grows and the value and volume of transactions increases. Next I am presenting an article on the activation of the Tariffs once again. This is really the GOLDEN NUGGET of today. Remember I told you this is another one of those GOLDEN NUGGETS to look for in the future. Well here it is. Amazed? You should not be since Mnt Goat told you to look for it. So in this past the launching of the tariffs was a flop and now we see them try this again. They will make damn sure it will be fully successful this time. The only way it has a chance of success is to RV the currency first. Why RV first? Like I told you in prior news letters they can not correctly calculate the rates to charge for the tariffs manually and need to tie into the automated IMF system, which they have told us they already installed and linked to. The IQD rate must be on the GLOBAL exchanges worldwide. This system does auto payments and billing. It is a state of the art system and with the amount of flow of goods into and out of Iraq it would nearly impossible to prevent corruption and maintain any sense of order, tracking and billing in this process. So bottom line is in the article below they are coming right out and telling us and I quote from the article – “the activation of the customs tariff law the middle of next month”. Why in the middle of next month then? I JUST TOLD YOU! ARE YOU LISTENING? They will be activating the RV at this same time ! All these events are INTERCONNECTED leading towards one event, the RV…GET IT ? Article Begins ACTIVATING THE LAW OF CUSTOMS TARIFF MIDDLE OF NEXT MONTH Special - scales News Said economic expert on behalf of Antoine, Saturday, that the activation of the customs tariff law the middle of next month to protect the consumer, while stressing the importance of activating the role of the state industrial projects and private sector projects will contribute to raising the Iraqi economy. Said Antoine L / scales News /, that "calls for the development of the industrial sector for the purpose of dispensing with foreign imports and the formation of labor and the provision of local goods in the markets serve Iraq's economy and the private sector", stressing that it "needs to be legislation and laws, including the activation of customs tariff law." He added that "the middle of next month, there will be enabled to customs tariff law to protect the consumer," noting that "there are those who try to block the activation of local industry and are taking advantage of the delay of the new changes and development of the country's process." And called on the government to "expedite the rebuilding local industry and the granting of loans to the private all kinds for the sector to move up important level and provides jobs for the unemployed," adding that "local industries significantly contribute to the lifting of Iraq's economy, especially as the activation of the role of the industrial state and the private sector projects the economy will grow more than 15 % GDP of the industrial sector ". Article Ends Update: Reforming the CBI I have not given you an update on the cleaning up of the CBI for a long time. We know this is necessary going forward into 2016 in running the economy. Abadi will not let a proxy governor run the CBI with Shiete dominated policies from Iran, as Mr. Ali Mohsen Ismail seems to want to do. So here is yet another attempt by Abadi to bring down the current proxy governor assigned by Maliki to run the CBI. Abadi is playing dirtly now the same legal trick Maliki played to get Mr. Ali Mohsen Ismail installed at temporary proxy governor will also get him dismissed. Don’t believe me? Wait and see how it all plays out. Dr Shabibi will be coming back and it will be announced his return as the full time governor of the CBI. Article Begins ABADI - TO INVESTIGATE THE DISAPPEARANCE OF $ 10 BILLION FROM THE CENTRAL BANK 16/11/2015 Dr. Haider Abadi instructed the governor of the CBI to open an urgent investigation the disappearance of $ 10 billion of central bank reserves under the previous government. Al «morning» from a senior government source, who asked not to be identified, said that «the prime minister instructed the Governor of the Central Bank and the Agency on the Keywords to open an immediate investigation into the disappearance of 10 billion dollars from the Iraqi Central Bank reserves of $ 67 billion and decline to $ 58 billion without giving reasons at a time when the Iraqi financial market and dollar exchange rates are stable at the time. The source confirmed that the Prime Minister expressed his commitment to comprehensive reform and the fight against corruption, according to a recent statement issued announced the issuance of new packages, respectively, as the face of open past and current files of corruption under the supervision of a higher committee to activate the principle of reforms. Abadi also pledged, in his statement, to hold accountable corrupt and bring them to the judiciary and to recover the people's money at home and abroad, calling on the judiciary to the adoption of well-known judges of integrity to investigate and prosecute corrupt. He said that opening the files of corruption is an important part of correct government course of action which is made parallel to make decisions to improve the financial and political level, and that is consistent with the higher good reference calls and a wave of demonstrations in Baghdad and a number of pro-reform and tackle corruption in the country that led to the lack of services institutions provincial measures. He pointed out that al-Abadi source of difficulty in the implementation of the decisions and the package of reforms, calling it «a difficult task in light of the challenges faced by the country», hinting that there are parties «unnamed», he seeks to thwart his steps and try to question his ability to reform an undeclared categories feared damage which may cause its interests as a result of decisions taken recently, however, the prime minister stressed his commitment to the reform process and that he would not preclude the implementation of any party but to the Constitution and the law. Article Ends Update: Fighting ISIS . Article Begins TERRORISM DAYS IN IRAQ ARE NUMBERED ! From the United Nations!! It expressed the United Nations, welcomed the liberalization of Sinjar, west of Mosul and the expulsion of the terrorist organization Daash him, noting that THAT TERRORISM DAYS IN IRAQ ARE NUMBERED! Deputy Special Envoy of the United Nations Georgi Posten in a press release on Sunday, said he "welcomes the liberalization of Sinjar areas leg out at the hands of Kurdish Peshmerga forces, adding that" the achievements of the anti-Iraqi forces to Daash confirms that terrorism days in Iraq are numbered. " . Article Ends Let’s now keep praying for the success of THESE IRAQI AND COALITION SOLDIERS- “May there be a hedge of protection surrounding them and let the Victory be theirs against these evil doers who have no regard for humanity! We will pray until we see Victory! Amen “ All these prayers seem to be working. Till next time…. Auf Wiedersehen! Peace and Luv To Ya All, Mnt Goat

Mnt Goat Sunday Update - “Onward to Reform Phase III” Part 1 (of 2) -8/30/2015 (Thank you George for emailing this to D.Recaps.) UU6734 – “Onward to Reform Phase III” by Mnt Goat Hello Everyone, Just wanted to pop in to give an overview of what we should expect from Iraq in these coming weeks and what we just experienced this week. We are now moving into September. Do you remember what I told you about September? I told you from mid August to mid September would be a very critical time for getting these reforms accomplished. I told you Abadi would make a final push to get them completed and it would be very sudden and unexpected by most. I told you that “if” this reform process is successful, we would be in a great window to possibly see the currency reform project pick up momentum and maybe see a significant increase the value of the Iraqi dinar and the continuation of the “deletion of the 3 zeros” project. In mid June Abadi attended a second Paris Conference where they discussed the progress of Iraq under the Abadi administration and what was needed yet to be accomplished. Abadi was given until mid September to complete these items (or reforms). What are these reforms? When we arrived at mid August we were still seeing some stalling and procrastination on many of these laws necessary for the major reforms to take hold. We also did not see an end to the economic crisis for Iraq since oil prices fell sharply since June. ISIS was still a threat and still occupied many towns. Iraq also still maintained a high level of Iranian influence and we all should know by now that if this was not put in-check we could clearly see a second Iran in Iraq. The USA and UN certainly will not allow this to happen. So what was the solution? Article Follows: MASOUDI: ABADI REFORMS NEED TIME TO SHOW RESULTS ON THE NATIONAL ECONOMY http://alforatnews.com/modules/news/article.php?storyid=93718 Baghdad: Euphrates News} MP for, Bloc citizen, Mohammed al-Masoudi that "the political and economic reforms launched by the federal government and approved by parliament need some time to show results on the Iraqi economy." According to Masoudi in a statement the agency {Euphrates News} received a copy of it on Saturday that "the integration of ministries and cancellation of a number of positions and reducing the protections and the retrenchment process will have significant effects on the provision of liquidity to the Iraqi government, especially during the end of this year and the beginning of 2016, which is hoped to be His plan is more realistic and useful than previous years. "He added that" the citizen run out of patience because of fiscal and monetary policies practiced by governments during the previous years, which led to a weakness and loss of Alaguetsadalaraca. "It is said that, Prime Minister Haider al-Abadi issued a series of reforms that specializes side economic in the country, including the abolition of posts of prime minister and the father of the Republic, and the integration of a range of ministries, in addition to reducing the protections Almsaolin.a Article Ends Today’s News Today is Sunday August 30, and still no news of an RV. I will say that we are heading for a great window of opportunity for an RV come mid September and onward. Did I say it was going to RV in mid September- NO! So please do not put words in my mouth as some have done in the past. There is still much work to do in Iraq but the momentum is amazing and many things are happening very quickly. So what makes this such a great window of opportunity? Abadi’s government had until mid September to implement the needed laws to support the necessary reforms, as these reforms are part of his promises made during the negotiations to allow him to take control of the government and to be seated as the new prime minister. Also, resulting from a second Paris Conference in mid June, they also gave him 90 more days to complete the reforms (on corruption) and get in place other laws to support the economy (i.e Investment law and Banking laws, anti-Laundering laws, etc). I believe that if he can be successful we may also see the currency reform finally implemented. So here is an article to begin today’s news. It is an article explaining the urgency of these reforms and how they must be implemented. I also want to remind all those who have been spreading the usual misinformation and rumors every week about the accomplishment of these reforms. They said they were all completed and we should have seen an RV any day , any time. Really? After reading today’s news letter you tell me if Iraq is ready for an RV……lol…. Again why in h*ll would they be talking about all these reforms with countless articles if they were all done? So before many of you intel “gurus” shoot you mouth off on these conference calls maybe you should start reading more articles and first VERIFY the information you are putting out from your secret “boots – on- the ground” intel sources. Article Begins: August 29, 2015 - 15:56 TEHRAN (Tasnim) – Iraqi top Shiite cleric Grand Ayatollah Seyed Ali al-Sistani said Prime Minister Haider al-Abadi’s government should show that it is seeking genuine change to combat corruption and not just introduce “temporary measures” to appease the nation. In a message delivered by a representative in a Friday sermon, Grand Ayatollah Sistani also cautioned protesters, who have staged weekly rallies to press demands for reform, that they must guard against groups seeking to hijack their movement to further other interests. Hours later, tens of thousands of Iraqis rallied in Baghdad and a string of cities south of the capital in support of Prime Minister Abadi’s reform drive and to press demands for the dissolution of parliament and an end to corruption. The Baghdad rally, in central Tahrir Square, was the largest by far, attracting at least 20,000, many of them waving the national flag. It was held under tight security measures but ended peacefully shortly after nightfall. Ayatollah Sistani’s comments, delivered in Karbala, challenged the government to show that it is “truthfully and seriously” responding to demands for change. “Citizens have experienced past promises that were never realized on the ground,” he cautioned. “Officials must work differently this time around and win the trust of the citizens,” he said, according to an AP report. The weekly rallies, which began last month, have been pressing for better basic services like power, water and medical care, as well as an end to corruption. The rallies came as Iraqi Parliament Speaker Salim Al-Jabouri threatened Minister of Electricity Qassem Al-Fahdawi Tuesday with a vote of no confidence if he does not appear within four days to be quizzed over a persistent power crisis. Prime Minister Abadi has responded to the rallies with a package of reforms that reduced the size of his cabinet, and eliminated the three vice presidencies and the three deputy prime minister posts. He has also ordered a revision of the government’s pay scale and the annulment of financial perks enjoyed by senior officials, lawmakers and consultants. His actions raised questions about the legality of his reforms and whether they violate the constitution. “I will not back down,” Abadi vowed in televised comments this week. “There is no going back on reforms. Our political system needs popular pressure to reform itself,” said the prime minister who has said he would seek a popular mandate to amend the constitution, which he described as “incomplete.” http://www.tasnimnews.com/english/Home/Single/843282 Article Ends So next I would to summarize the overall attitude of this ongoing reform movement by Abadi. He has told us he is going to bite off parts of the broken Iraq and group his reforms and administer them his way. So far he has told us of three (3) groupings of reforms in his movement. Reforms I The council of ministers devised an extensive long term plan to revise Iraq. The plan is multi phased and includes many aspects. It included cleaning up the corruption, meeting the 2015 budget, getting rid of ISIS, and dealing with Iranian influence (meaning Maliki and his goons). We also new that in September 2014, when Maliki officially resigned and Abadi took office and established his GOI ministries, he told them they would have a performance review a year later. He made good on the promise recently and sacked many of his ministers for incompetence, especially those that stalled the transition over to the provinces under the Decentralization effort Abadi told us in many articles this phase of reforms would be ongoing for many years. This was the first phase of the reforms those that were more related to the economy and stream lining government in the process. (nothing to do with the RV as I told you a month ago). So we are now seeing various programs in Iraq to assist in launching these reforms to assist in building up the economy and getting the MONEY FLOWING. We also heard about a future BOND drive for the national citizens (not international). These BONDS are yet another solution to raise needed capital to fill the deficit gap. Why the need to fill this budget deficit gap? Why not just borrow the money like the USA does? The USA and IMF are forcing double standards on Iraq and maybe they too should look at other nations in the same light. These economic reforms are just not about SAVING money but to also disperse money into the economy to activate the private sector. What does it mean to “activate the private sector”. Many of you readers of this news letter probably are not economists so I will explain what this means. The basis of any robust economy is getting the private sector to produce and sell goods and services to the citizens and international community. Its all about money flowing. The result is there must be a surplus of funds (net profit revenues) at the end of the process to reinvest and expand the economy, thus creating yet more prosperity. It is a cycle and each time a nations wealth builds yet even greater, given the opportunity. Iraq government is now giving the private sector that opportunity. Also some of these surplus funds must go towards needed charities that can fill the gaps in society since they do not have the means of production. This creates yet more jobs, cleaner cities and neighborhoods. Have you traveled much? Do you see how some cities are cleaner and more developed than others? It is not coincidence and does not just happen. These cities are like this because of careful, long term planning. You are seeing the results of infusing the private sectors and priming them to succeed. So knowing this, can you see how the government is infusing money to “kick start” the Iraqi economy. They are priming the pump by getting the needed capital in the hands of the private sector to create these incentives to get the economy rolling as I described above. We need a stable Iraqi economy to see any dinar revaluation. Again I am telling you the RV is a by-product of this reform process and not the means in itself. An RV is not the solution but a product of the process. An RV at this current stage of Iraq is not the solution to all of Iraq’s problems. In fact an RV now would only ruin the economy and the currency would surely crash making the economic situation only worse. Do I need to say it again? Did you hear me this time? They desperately need these reforms prior to any RV. Article Begins: The launch of the “small” loans to activate the private sector and the recovery in 2016 budget August 26, 2015 @ 20:28 pm (Baghdad time) Special – scales News Confirmed a member of the economic and investment commission parliamentary Najiba Najib, Wednesday, The launch of the micro-loans came to activate the private sector further and revive the financial budget for 2016. She said Najib’s / scales News /, that “the allocation of $ 5 trillion dinars by the government and launched in the form of loans” small “for citizens came mainly the basis for activating the private sector, especially agriculture and industry sectors that promise clingy,” indicating that “activating the private sector automatically will recovery of the financial budget for 2016 “. She said the economic and investment commission parliamentary member, said that “the launch of loans also will provide many job opportunities for the unemployed through the opening of small businesses.” This “confirmed a member of the economic and investment commission parliamentary Najiba Najib’s / scales News /, earlier, the central bank equipped with soft loans for agricultural, industrial, and commercial banks, which in turn will launch those loans interest rate of 3% up.” It is said that “the Prime Minister Haider al-Abadi, announced on Tuesday, to take immediate action to cope with the financial crisis in Iraq, including the allocation of five trillion dinars for the revitalization of agriculture, industry and housing sectors, and encourage investment and job creation” .anthy 29/9 P Article Ends Mnt Goat Sunday Update - “Onward to Reform Phase III” Part 2 -8/30/2015 Reforms II The second phase of reforms was revealed to us the later part of August and is geared towards cleaning house on the banking and finance corruption such money laundering and the justice and courts system. I have to tell you Abadi is moving fast and furious on this one too. We also know about the needed Justice and Accountability Law and the Parties Law. We witnessed last week the passing of the Parties Law and political groups have 60 days to read it, study it and conform going forward. We witnessed the resignation of the Iraq's Supreme Court chief judge Midhat al-Mahmoud then only to be rejected by the council due to lack of means to accept the resignation. Since judges are appointed in their office until death with no means to resign he must stay in his position (for now). We know that when the Justice and Accountability Law, when finally passed, will provide this means to resign. This will also take out many other corrupt judges and apply much needed reforms such as incarceration limits, due process, hearing and trial law proceedings, etc. The Justice and Accountability Law basically fine tunes the entire judicial system for Iraq and ends corruption as they know it today. I believe this law will parallel the Amnesty law and we may see the final conclusion to both of these at once. The last item on corruption (not the last to be fixed) is the Maliki and Iranian situation We witnessed the investigation into money laundering and the past and future efforts by the CBI. W learned why they need to stop money laundering and what it has done to prevent the currency reforms from going forward. Out of this came three political figures named as the main culprits in laundering billions out of Iraq. They will be charged with money laundering and dismissed from their government positions. I have included an article on the latest news about the money laundering I talked about in my last news letter. Article Follows: RAFIDAIN BANK ANNOUNCED RECOVER TENS OF BILLIONS OF DINARS WERE SMUGGLED INTO THE MARKET AND ARE BEING RECOVERED. http://www.khabaar.net/index.php/permalink/51251.html rother – Baghdad Rafidain Bank announced the recovery of tens of billions of dinars were leaked to the public market and are operated by some quarters and crooked ways. The general director of the bank on behalf of Kamal al-Hassani in a press statement that many of the financial manipulations and abuses have been exposed. He is adding that he has control over misappropriation of funds between attempts through the instruments or through the operation of such amounts in violation of legal contexts. He said al-Hassani said there are some actors pushing cheap ways to get the gains of banking facilities outside the framework of legal controls, indicating that not get this side or that the loans paid each Ahina to defame the work of the bank. Article Ends I have told everyone that the Iranian influence must be gone or drastically tempered going forward with any currency reform. We have seen the final report of the Mosul situation and so have the millions of protestors now demonstrating in the streets of Badhdad and elsewhere. What do they want? They are marching in solidarity for Abadi’s program of reforms. They want an end to government corruption meaning political and monetary. They want their country back from Iran. So I included a recent article for you to read. This is just one of dozens of articles telling us about the recent demonstrations throughout Iraq that began in mass yesterday. Their list of major demands are nothing more than the same demands of the USA and the UN on Iraq. They need stability in Iraq meaning: Economic and Financial Stability (pay for the budget to provide services to the people) Security Stability (end to ISIS and Iranian led terrorism) Political and Governmental Stability (End to the corruption and be able to bring those responsible to justice) Article Begins: HILLA PROTESTERS ARE DEMANDING THE RESIGNATION OF THE LOCAL GOVERNMENT AND JUDICIAL REFORM Along with a demonstration of Hilla on Friday, August 28, 2015 - Hilla protesters are demanding the resignation of the local government and judicial reform Author: AB, **, IM / Editor: AB, ** 2015/08/28 18:13 Long-Presse / Babylon Thousands of residents of the province of Babylon, on Friday, demanding the resignation of the government, both local and disclosure of the files of corruption and judicial reform and the application of law (Where did you get this), as called for disclosure of who ordered dispersed the sit-ins. One demonstrator, just Yasiri in an interview (range Press), said that "thousands of people demonstrated in the province, this afternoon, in Freedom Square the center of the city of Hilla." The Yasiri, "The demonstrators demanded the dismissal of the governor being a Shi did not provide resolution of the provincial council and find out who ordered the protesters to disperse and the disclosure of the files of corruption, reform the judiciary and the application of the law (Where did you get this) and pay the salaries of the popular crowd." The province of Babylon witnessing for more than a month of large demonstrations demanding the resignation of the governor of Babylon and resolve of the provincial council and the disclosure of corruption and to bring to justice the corrupt files, and turned the protests over the past week to sit-ins in front of the governorate building. http://almadapress.com/ar/news/54758...83%D9%88%D9%85 Article Ends Reforms III So later last week Abadi announced his third package of reforms to us. I have included articles showing us this is what they fully intend to do in the coming weeks. We also anticipated the National Guard law vote in parliament yesterday but still no word of it’s success or failure. If passed this would be a HUGE milestone for Iraq and gets them that much closer to an RV. We are also still waiting for the Federation Council law, the Justice & Accountability law, Reconciliation completion and for Oil Royalties to be finally paid out to the citizens such as they promised would happen in June/July timeframe. Of course I am thinking that maybe because of the drop in oil prices, the may have to wait a while to get any oil royalties which are surplus revenue from the sales. So this one I understand and it may no longer effect our RV. I believe fully the reforms in phase III will bring us the currency reform we have been waiting on. Recently there have been many articles once again on this topic. They are definitely considering it seriously but need many of these reforms completed (i.e money laundering). I will also say this would not be possible without the ongoing phase I and II reforms we have already witnessed and are now in play. Article Follows: ABADI CALLED THIRD PACKAGE OF REFORMS IN IRAQ Publishing Date: 28.08.2015 | 06:51 GMT The Prime Minister Haider al-Abadi, on Friday, the leaders of all operations and security leaders in Baghdad and the provinces to open the main streets closed by the figures and parties and influential and subsidiary. The prime minister's office said in a statement that the 'al-Abadi is also taking into account the development of protection plans to cover citizens and visitors to the state departments to targeting terrorism', while issued his orders to the security leaders necessary arrangements to make the necessary arrangements to open the Green Zone in front of the citizens. Abadi also ordered the formation of legal committees to review the sale, rental real estate ownership of state property in Baghdad and other provinces in the previous stage of any side 'as well as the return of the funds seized outside legal contexts to restoration of State funds, the injustice in the evaluation'. And Prime Minister Haidar Al-Abbadi, the customizations needed for children with cancer in Basra Province Article Ends Article Follows: PARLIAMENTARY FINANCE IS PREPARING TO LAUNCH A PACKAGE OF LAWS http://center-imn.net/1/?p=29196 Finance Committee Alnielyh confirmed, it has a package of laws exceeded ten to support monetary policy, is preparing to be passed soon to parliament. He warned the parliamentary finance committee member Abdul Qader Mohammed earlier, of “economic difficulties” the government may face in the event of continued decline in global oil prices, noting that the Commission is working in coordination with the government to find solutions to the provision of staff salaries solutions during 2016. The committee member said Massoud Rostam’s (IMN) said that “the committee more than a dozen laws are being discussed for the legislation in the coming sessions of the House of Representatives to support the monetary policy process in the country.” Rustam said that “the most prominent of those laws is the money laundering law, which will pass close to the parliament and be included on the agenda to read it a second reading.” He said, “Among those laws is the Federal service, which completed the discussion and enacted the law, and the government needs to send him his salary for inclusion as a supplement to the law and then vote on it.” Iraq has suffered from the financial crisis and the weakness in monetary policy that caused squandering of public money, and therefore, the government and parliament serious attempts to reform and promoting a framework law the work of the country’s economy. Article Ends So there should no longer be ANY question is anyone’s mind that the REFORMS ARE NEEDED and we will not see any significant increase in the value of the Iraqi currency until they are sufficiently implemented, at least enough to clean up the corruption, money laundering, banking practices, investment laws, justice system, CBI, etc… Yes – there is a lot to do, but they also have done much already (glass is half full). We do know they must increase the value of the IQD significantly since they are way out of whack with the other neighboring countries. We also know that the reason we (as international citizens) are even allowed to own the currency in the first place is because they negotiated future oil credits on our dinars when we exchange it. The USA needs these oil credits to ensure cheap oil for the next 30 years. The big picture too is for the USA to broker this oil at the low negotiated price and sell to other countries too at a higher market price. This is part of a plan for paying off on the USA national debt. So there is a plan and it includes the international citizen exchanging their holdings as they complete the second phase of the “deletion of the zeros” project in the near future. They must collect the notes in our hands and they are not going to get them unless they significantly increase its value. Let’s sit back and all relax. These coming weeks are going to be a very interesting ! Peace and Luv To Ya All, Mnt Goat

Mnt Goat Tuesday Afternoon Update - "Still looking for the GREEN" - 3/17/2015 (Thank you George for emailing this to D.Recaps.) UU4051 – “Still looking for the GREEN” by Mnt Goat Hello Everyone, Let us review what has happened these last couple days and see if there is still a possible window of opportunity for the RV this coming week. I will also attempt to answer many of the questions emailed to me. You might want to read my news letter from 3/14 if you have not done so already. It will help to better understand what I am about to tell you today. To all you Irish I say a Happy St Patrick’s Day and no we do not drink green beir in Germany today! …lol… Today’s News Today is Tuesday March 17th and yes there is still no Iraq currency reinstatement announced to the world. Why? What we do know for a fact is that Iraq, the IMF and the USA has all agreed that the Iraqi citizens will benefit first from any currency reform. The was at the request of Iraq. Once Iraq is convinced that the in-country of Iraq can handle the revalued currency and new rate they will turn the attention to releasing it to the rest of the world. There are other aspects to this too but I am not at liberty to comment on them. There are a lot of aspects to this statement I just made above. It is not as straight forward as you may believe. It is also very subjective. All we can do is look at the progress of the in-country rollout, the progress with fighting ISIS and the parliamentary progress in the needed laws to support the budget. Fighting ISIS / DAASH Big news today from Iraq is on USA led coalition fighting DASH. The United States threatened to halt cooperation with Iraq in the field of counter-terrorism. Iraqi officials are shocked at the attitudes of the United States in the efforts in the fight against terrorism. Actually this news should not be a shocker to anyone since the USA has been very open about objecting to fighting in coordination with Iranian forces (felt is a major safe haven source of terrorism in the middle east). They also do not want to support the private militias. Sadly these two entities are in fact needed to counter ISIS. The USA is attempting to work with Iraq on plans to mop these entities up once ISIS is gone. I need also to explain the truth about terrorists in Iraq and I feel everyone should know. In the process I hope you will begin to see why the USA is reacting to the way ISIS and DAASH are being fought. DAASH and ISIS are inventions of the USA CIA. The CIA organized and trained their leaders. Initially the CIA funded the organization. This effort began years ago and was intended to work with terrorist groups in Syria to overthrow president Assad. Like so many terrorist organizations invented by the CIA, they eventually defect to begin their own operations. Many of these so called terrorist groups intentionally sucker the CIA to fund then, knowing their full intent later is to defect. This has been the problem with these terrorist groups all along. They seem to be a double edged sword for the USA. Former PM Nori Al- Makiki was working in conjunction with DAASH all along since he has first hand knowledge of the setup by the CIA when he was in office of PM. We have all heard about his plot to overtake the Iraqi government during the 2014 election by Maliki. History speaks for itself and we all know how DAASH then infiltrated into Iraq. ISIS was never intended for Iraq but when the opportunity presented itself by Maliki to them it was irresistible. So far they have created havoc and destruction, murdered countless civilians and robbed every bank they can along the way. Besides ISIS there is also long standing militia groups at the beckoning call of Nori Al-Maliki. They will continue as long as he is in Iraq. These groups work with his security forces to accomplish secretly his dirty work. Then there are the corrupt military and security forces of Iraq. So you have to see this entire picture of what is happening in Iraq as the fighting continues. The only way this fighting will end is for the government to take a hard stance on not supporting it. It then must weed out the old thorny shrubs that keep irritating the citizens and setting back any real efforts for peace. I just mentioned all this to you now in this news letter so you can get the BIG picture about the causes of the fighting in Iraq. Sectarianism alone is not the cause of the fighting in Iraq, as has been blamed and many in the west believe. If you notice the citizens are always made to take the blunt of the blame for anything that goes wrong, even though it is hard core instigations by the governments. This is always the easy way out. This way the citizens then feel guilty about blaming the government since they feel it was really their own fault. But it is just not reality. Actually I am hearing nothing but very positive news about a forthcoming reinstatement and I am told to wait just a little bit longer and we will get our pretty green presents….lol… I do not mean presents for St Patrick’s day either but the other green kind of stuff…lol… I believe they are slowly rolling out the currency reform providence by providence and town by town. I have confirmed this many times since my last post. It is really happening ! I am told soon the pace will quicken but all provinces do not have to be completed prior to a formal announcement. I reaffirm to you now that the CBI is in total control over the reinstatement but it is also working closely with the GOI cabinet finance ministry and thus the finance ministries in each of the individual provinces to coordinate. Remember they are now under the provisions of the Erbil 2009-10 Power Sharing Agreements. I will reemphasize what I said in my last news letter - ISIS is giving them a little scare and they need to go slow to ensure ISIS does not get any of the newer denomination (raid the banks) or benefit in any way from it. In the past they stopped delivery of the newer currency to the banks in the towns ISIS still occupied or had a liability of being occupied. As ISIS is cleared we are now seeing these banks receiving the money and the rollout has begun. There are still many more towns to go. Just how far does the CBI plan to go prior to making the international announcement? This knowledge no one knows for sure and we just have to wait and see. On the other hand we know it is close since they planned to make the announcement many times in the past week already and delayed it in the hopes of making yet more progress. So this is dynamic and they change their plans often. So out popped this article today – (Iraq is practically telling us their strategy and it seems we will have to wait till all of ISIS is gone since the economic reforms are a second priority) “Baghdad (IraqiNews.com)-A source from the Prime Minister Office revealed that the PM Haider Al-Abadi is preparing for economic reformation and simultaneously supervising the Command of Security Operations directly to liberate all the towns of Iraq which are invaded by the terrorists of the ISIS. The source told IraqiNews.com that AL-Abadi is now stepping some steps, the first one is to liberate the invaded towns by the ISIS, then rebuild them and getting the families back their home, the second one is putting a strategic economic plans to improve the difficult life of the people through activating the private sector, the governmental companies, the agricultural field, benefiting from the livestock resource and other investment projects, the last one is the reformation in the governmental institutions and buildings through facing the corruption and introducing the best service to the citizens.” So now we know their direction..! Needed New Laws Are there still more needed laws prior to any revaluation? Yes....and this is why I am saying yes- 1) ISIS is the reason why I believe that many parliament officials are demanding that they first get the funding for security to the provinces, as stated in the National Guard bill. This bill is not yet passed but is expected to be done this week. They can not disperse any funds out of the budget for this bill until the bill is legalized. As I said before they kind of put the cart before the horse in passing the budget bill so early. But it was out of necessity and it confused the h*ll out of all of us. I have asked myself why they are waiting so long to pass the National Guard bill. I believe they do not want any newly purchased equipment to get in the hands of ISIS or DASH. So they are forcing the provinces to simply wait until ISIS or threat of ISIS is cleaned out. They are doing this by now funding the equipment and supplies until the GOI is ready. Remember laws are not legal until they pass in parliament and are ratified by the president. How can they legally spend money if the reason it is allocated is not yet legalized? So yes there are still bills needed in order to get the reinstatement out to the general public and us investors (the international community). This is a PRESSURE TACTIC being used by many members of the representatives in parliament who support more security in their provinces. There are also two other laws too that need to be addressed and are very important. 2) The USA, UN and many international organizations want the jails cleaned out of innocent people. This law has now become a sore spot for Iraq. The amnesty bill will do this. This is part of the agreed upon effort to de-secularize the country. Also there are some changes made to the original bill that wake up many of the politicians since it is a wake up call for any dubious would be doers of future corruption and mismanagement of government funds. Abadi has ensured that much of the protection to politicians is GONE. The rules have changed. Why should you be protected from going to jail when committing political corruption just because you are in a high level position? This was the cry of many of the reformers and simply had to be agreed upon to go forward with the formation of this new Abadi government. Now they need to enforce it by passing the law. 3) The Judicial Reform bill is also on the plate and many say it is also needed to coincide with the Amnesty bill. How can you review these prisoners judicially without a fair and honest court system? Most of these prisoners have been falsely accused of crimes and need to have due-process according to their constitution. The USA is also forcing this issue. I am hearing this too can and may hold up the reinstatement from going international. I believe that we could see all of some of these bills passed in parliament this week. Pending Tariffs Major pressure to implement the tariffs. These were supposed to be fully operational by Jan 2014 and are delayed over and over again since. These tariff payment systems need to have fully operational links to the global exchanges (thus need international recognition of Iraqi currency). Article just reported that over 20 billion (yes – billion ) of annual revenues are lost each year the tariffs are not implemented. Remember too the UN gets a chuck of these revenues along side Iraq. New Taxes In Iraq Faced the process of the Iraqi government to impose taxes on citizens to cover the deficit in the federal budget for 2015 criticized the vast popularity, amid calls for the legislation of laws that will promote economic reality in the country. Citizens of the capital Baghdad and saw that "the imposition of the tax would be a" failure ", and that it was" unfair "to bear the ordinary citizen wrong fiscal policies led to a deficit in the current financial situation, considering that it would be as a" war imposed "on them. It is noteworthy that the federal budget for the year 2015 Act provides for the imposition of tax on the consumer. This could get very hairy if something is not done soon to complete the currency reforms, throughout the entire Iraq. If these new taxes are implemented they surely will be passed along to the citizens in the cost of goods sold. The good news (if any) is that recent articles are now telling us that a big fight is raging (maybe more street protesting) if no currency reforms with taxation. This is the last thing Iraq needs. The urgency in the news articles are also telling me they are now planning to begin imposing the new taxes soon. This many feel can not be done without currency reform completion. So it is all very near. Peace and Luv To Ya All, Mnt Goat