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Frank26 and KTFA Members Late Sunday Morning - 11/01/2015 ANOTHER EXCELLENT FIND Dr WS!!!! Thank you for all you do!!! (And I thought the salary reductions were DrA's doing, solely .. .. this article shows the IMF was asking more of Iraq, than to just keep off the 'black list' .. .. Nicely Done Sir!!! Frank26: Look at Your notes : In July IMF wanted DRS to RI....... He said no security yet. So IMF said ....... While You wait get Yourself INTERNATIONALLY ready. DRS did and so did A as HOLY MAN approved all ....... FOR HE IS THE HIGHEST COURT OF IRAQ!!! NOW .......... You will see ........... NOVEMBER....... Please enjoy.......... C U tomorrow on a Powerful CC. KTFA…..Frank .... ************ Walkingstick: Economic expert: reduction of employees' salaries condition imposed by the International Monetary Fund to lend Iraq Baghdad-Iraq Press -1 November: an economic expert revealed peace Sumaisem, on Sunday, that the reduction of salaries was a condition imposed by the International Monetary Fund in exchange for lending to Iraq, stressing the importance of transparency between the government and the general public in economic matters to strengthen the links between them. Sumaisem said, in a press statement, that "when it comes to the economic aspect, there must be clarity in the deal between the government and the general public to strengthen the links between them and the renewal of confidence", calling for "reveal loan items in front of the people's representatives, and civil society organizations so that everyone is on familiar with, and to avoid uncertainty in economic transactions. " She Sumaisem that "the Iraqi government were not transparent enough subtracting the liabilities related to lending, the economic burden on the citizens, as a result of any loan, and any specific economic policy so far," indicating that "the blessings of the new salary was a requirement clear and explicit by the International Monetary Fund to lend to Iraq, as demanded Economists revealing more than once everyone knows what the economic burden of loans ".anthy (1) http://www.iraqpressagency.com/?p=166525〈=ar ************ Frank26: Correct! (See Article below) When I grow up .......... I too want to be a CBI Govenor ....... lol KTFA Frank......... This is serious. ************ Governor of the Bank: Iraq enjoys a comfortable reservoir of foreign currency 2015/11/1 16:42 • {Baghdad: Euphrates News} said Governor of the Central Bank and the Agency on the Keywords that Iraq still enjoys a comfortable reservoir of cash foreign currency. Keywords and said in a statement to Agence {Euphrates News}, that Iraq has a reserve of cash currency, which protect him from falling into an economic crisis suffocating, or the inability of the State to provide the employees' salaries, and cover the projects, "pointing out that" Iraq reserves estimated at more than 1,500% ". He said the central bank governor that the issue of deletion of zeros from the currency, will be in the event of the existence of an administrative security stability can the state control over the markets, and the imposition of standardized pricing on the goods. It is said that Iraq is undergoing austerity due to the financial crisis that has gone through because of the low prices global oil. ended h http://alforatnews.com/modules/news/article.php?storyid=99041 ************ SeniorTour: Each year we look to Iraq to "open the budget" after they work really long and hard to pass the budget, then "NOTHING" happens after that. What makes THIS year different? Frank26: Because we open ours NOW

KTFA: Chat on Sunday - 6 Sept 2015 Another Mailman: Hi Frank. I have been skimming the net this morning and it appears that Iraq will be approving or voting on the National Guard law and the Investment law next tuesday. Do you see them passing any other laws on tuesday? Thanks! Frank26: IMO .......... These are PRECIOUS LAWS for the MR. Do i believe we will see them and other such important LAWS next Tuesday? No. The pattern is to weekly show a desire. IMO .......... These LAWS are in the LL. It is the safest place for them until DRS returns. KTFA Frank ********* DELTA: "PLEASE GIVE ME an ... A" . . . . . lol (See Article Below) walkongstick: A government delegation to ask the Standard & Poor's credit rating to reconsider its classification Author: Publisher on: September 6, 2015In: BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - confirmed a member of the economic and investment commission parliamentary Najiba Najib, Sunday, that the government delegation will hold official visit to the agency Standard & Poor's financial credit, this week, in order to claim reconsider classification issued by the agency on Iraq last Thursday. And it granted the credit rating agency Standard & Poor's, last Thursday Iraq degree "B-" in the global rating on the sovereign debt due to the ongoing strike of security as a result of the battles against the "Daash" gangs. She said Najib's (IMN), that "the government Alovda will be a visit to the competent authority that issued the special assessment to grant Iraq B- grade sovereign debt, to demand Baajh considering assessment and give Iraq at least a grade B". Najib explained that the "highly rated B- give Iraq means that there are caveats in front of a large financial companies seeking to buy bonds and this will lead to impose those financial companies more interest rate on Iraq." Economic Adviser to the Prime Minister promised the appearance of Mohammed Saleh, on Saturday, which gave him credit rating agency Standard & Poor's US unfair to Iraq, noting that Iraq was contemplating getting a much higher degree classification. From: Haider al-Tamimi, editor: Laith Mohammad Reza http://center-imn.net/1/?p=30685 ************* Frank26: Delta, We told The Family the B rating is being haggled on ............. Then yesterday when the OTHERS (LOL) finally gave their rating many called me saying .......... WHAT HAPPENED FRANK26? Told them to wait 24 hours for articles to catch up with our TEAMS. NOW we can again say .............. TA DA. Join me tomorrow if You can Sir............ BTW DELTA ..... ITEAM said this is on at 11th. KTFA Frank ..... Walkingstick » September 6th, 2015, 5:05 pm The private sector contributes to the promotion of the value of sovereign bonds Related News: saving energy production reduces import BAGHDAD Mustafa al-Hashimi - 7/9/2015 @ 0:00 of the country's economy is facing several challenges Perhaps the most prominent of the energy for the productive sectors, which in turn will drive the economy and contribute greatly to reduce dependence on oil exports to finance the budget, which is expected to provide experiencing a deficit of Iraq is seeking to diluted by issuing IOUs Sovereign will be launched by the Ministry of Finance to world markets soon. In this regard, the banking advisor Dr. Essam Mahouelle said that the most prominent What's economy is facing the country in general production in particular, and the private sector is the lack of electric power supply, which is a major nerve in the establishment of any industry or similar economy the economy of Iraq. He Mahouelle in an interview for »morning» if the energy savings to the factories and the rest of the productive sectors will be dispensed import including rate of 65 percent, and for all types of goods, noting that the continuation of the industry stops will exacerbate the economic problems as well as it goes with money the country to import can be produced and its industry locally and save millions of dollars rather than wasted in this way. He stressed that the activation of the productive sectors will contribute a lot in driving the economy forward because of the supplied jobs and absorb unemployment rate in turn reduces poverty rates and gives the country economically remarkable stability and growth will be reflected in the value of bonds planned Country issued to reduce the deficit in the budget of next year and subsequent years. represented by Ministry of Finance, the government is preparing during the current period to start marketing to sell bonds denominated in dollars and euros in US and international markets to obtain cash financing for the purpose of bridging the deficit in the budget of next year. According to one interested in the economy of Iraq, the sites banks «City Krupp, the Bank of the Netherlands, and JP Morgan» Source will be the President of the Iraqi bonds expected to sell. He said the site «that the material yield, which he hopes Iraq raised from the bond sale will be $ 6 billion to cover the shortfall in the projected budget next year, this version comes to be the first since nearly decade where the last international items Iraq was issued in 2006. This comes at a time when «Fitch» Foundation awarded credit rating, last month, Iraq its first credit rating sovereign versions of which is sought by the country before his intention to issue international bonds worth five billion dollars, aims to ease the pressure drop in oil prices on the state budget. known credit rating GCR an acronym for (global credit rating) as a measure to assess the possibility of the borrower to meet its obligations in the face of lenders, or in other words, the risk of non-payment of lender (issuer) to meet obligations (loan value and benefits) of the borrower (bond holder). And is rated the world's credit rating ladder consists of four grades are A, B, C and D as well as variables that represent signal the + or - different Petkrarat. And chose B_ Fitch rating with a stable outlook for Iraq which is less than six degrees from investment grade AAA) or A +++) attributed it to political risk and poor security, which said it is one of the most serious risks faced by any sovereign entity receives credit rated by Fitch. According to experts Also, this category can be reconsidered after the stability of economic, security and financial situation of Iraq as well as because it possesses the qualifications that will raise the degree Ranked advanced degrees. He returned Mahouelle to confirm the importance of the role of domestic production in the granting of Iraq international economic reputation contribute to enhance its potential and its wealth and resources through the installation of its obligations to pay sovereign debt in this area. He believed that Iraq is able to meet the challenges of the budget and the decline in world oil prices deficit if they were able to solve the electricity problem, especially since he has the stature of a tourist religious and historical as well as being an agricultural and industrial countries has young energies money enjoyed by the country one else possesses these ingredients combined. He concluded by saying: that the majority of countries with sovereign rating based and relied heavily on the private sector, Maittalb currently providing government support to him through legislation and facilities including the Aatqata economic and the need for Iraq to maximize its financial resources, stressing that the private sector has the ingredients for success if there conditions of the local production directed to cover the need of the market and the reduction of indiscriminate imports that drained a large part of his money. He said it is necessary now to activate the reforms adopted by the government, especially regarding the economic aspect, explaining that the sector your own flexibility in the movement of funds and free from bureaucratic constraints, as well as it tends to achieve feasibility. http://www.alsabaah.iq/ArticleShow.aspx?ID=99703

Thoughts From Topshelf -Written July 4th, 2015 Greece, Brics, Iraq, IMFBy FrostyTheSnowman @ KTFA: 7/05/2015: "FROM TOPSHELF ...July 4th" Oh, don't start believing cash outs have started. They are showing you the process of how the world will change and is changing. Follow Greece. That is resolved, but it was done in a certain way for a reason - safety. Puerto Rico also has it handled. What does "handled" mean? The plan, which has no letter, is moving forward and will happen at same time for all nations. None of these other stories about exchanging are true. If they are, then they are tied to a contract, because debt is owed by Iraq. Just because a nation owes someone, such as a company, doesn't mean that "someone" can speculate, which is why the need for USD (auctions). No speculator in currencies has cashed out a dang thing. Why would they exchange an asset-backed currency for fiat? Same with nations. .... They will simply write contract arrangements to balance things out and stand pat until the monetary reform is completely implemented. If someone has exchanged, it is a banker hedging or someone scamming. Plain and simple. The outcome for them will not be good, which is why I said, "Don't give up your currencies." Dinars will not even be in the headlines. When the system standards changed, most all currencies changed (difference in change and all aspects applied) with them, not just the Dinar. The asset-backed system is now in effect. The headlines will simply be that currencies are now based on real assets. Nations have been on 100% gold-backed assets before. Some want that again. It didn't work then, and it will not work now. Don't believe me, look it up. Greece knows first-hand. Many nations still have both fiat and asset-backed. For example, below is a picture of USD asset-backed, the St. Gaudens Double Eagle. Same for the Gold American Eagle. Some want all fiat. Well, we know how that turned out. So, I have told you about Basel III since the beginning. I not only told you, but showed you. Yes, asset-backed and fiat can run together in the same system and have been doing so for a long time. This is true even after we got off the gold standard in the early 1970s. It has been done before and nobody panicked. Please don't get offended, but this is not really going to be a big deal, because you can count things that have real value. I proved the other night that Greece has great wealth in the ground, just like many other countries. Knowledge, resources, and technology are all things that can be monetized. Those in our forum who listen to the calls know that Greece has some very valuable raw resources. It will show. Be excited, because Greece will become the model of what the citizens can expect, in a good way. As they should be. Watch the news reports. Today, Reuters is reporting that "The head of the European Parliament, Martin Schulz, told German radio that Greece would have to introduce another currency if the 'no' vote wins in Sunday's referendum on an aid-for-reforms deal." So, they are telegraphing what they plan to do. The Greeks have already started using their new currency, so what is the referendum vote all about? News reports everywhere are also stating that Europe and the Middle East are in a full-blown monetary crisis. The news on Africa has been suppressed. Then there is Asia and The Americas. Monetary reform is the way you solve it. Not by saying currency XYZ is worth more ... poof. Currencies are backed by something now. Without confidence, it will not work. Gold is already a currency, which is 99.99% backed by gold. So the question is, BackDoc, doesn't it already exist? Aren't gold and silver already currencies? They are currencies for any country minting coins. Now, countries are simply going to back the paper currencies they print. The rules have been changed to allow central banks and banks to hold currencies of other nations and count them as reserves. Do you still need more? Do you see that most everything is done, and all that's left is to show the ending of this movie? It's been a good drama that has a great ending. You could never guess when the ending was coming, nor could you see who did it and how it was done. Tell everyone it is not "IF" we will switch to the plan. It has already started. Just because you don't fully understand what is transpiring doesn't mean they will hold this up. The key for you has always been "never give up your currency." It's always been a matter of "WHEN." "When" is not in our control. It is important to know who you are and what you stand for. Hope all of you are getting what is happening. It is Plan A, if you want to call it that. Even Putin told you himself. See, the system can change anytime now, because everyone is working together. The AIIB, BRICS, IMF, and World Bank are all working together to improve everyone's monetary reform. You can actually see the changes that are now occurring. Some didn't even know this was a global event. Now they do. There are some that think we are still waiting on Iraq. Well, they sure can say "look at the right hand," while the left hand is doing something totally different. I don't mention this to be funny. It just makes me scratch my head when people (so called guru/Truthers) are not accountable for the statements they make, or only use articles to do their research. We all seek the truth. The Truthers don't even have all their facts right. Those that still have their currency have put in their dues. Holding on was the hardest part. This is no different than holding gold, silver, other foreign currencies, and other resource or trade contracts. IQD is a real currency now, and so are others. Fiat currency, which is back by nothing more than a promise, only has value if there is confidence in the currency. Even asset-backed currencies need confidence to work. Back in Ancient Greece, people used to shave a little off their gold coins to make the gold go farther. So, you can see how this might hurt confidence in the money that was used. Today, gold and silver coins are minted with reeded edges and/or raised edges as security measures to make it obvious if someone tries to shave the coins. Even banking personnel are trained on this. Monetary reform of how currencies are backed has now made the accountability/confidence of all currencies realistic so they could be adjusted. Gold and silver are reserve currencies; right, BackDoc? Also, they are able to back other nations' currencies, as can many other resources of value. Now, allowing all nations to hold others' currencies as reserves provides confidence and direct trading ability. There is your headline. See, no one currency will be (or needs to be) singled out. Same goes for resources. I have stated this many times before, but please listen again. No matter how you proceed, all currency exchange transactions will be private unless you open your mouth. All bank transactions are. If this was only about one country or maybe just a few, then that might be different, but you know that is not the case. This is the best plan. It builds confidence and stronger testimonies in whatever you believe. I am not here to serve as your professional adviser, but I am entitled to my opinion. Since I don't charge for the knowledge I provide and am afforded only limited freedom of speech while doing so, it can hardly be construed as offering advice, which is why I don't worry about having to put a disclaimer on everything. I Wish all mankind the best and pray this change helps many generations. It will not be perfect or completed overnight. It doesn't need to be for the changes to start. It is starting, and we are talking about a big step approaching at great speed. Countries are using trade agreements to do this secretly, so speculation will not take over. I can assure you that nobody has been advised by me to buy or sell anything. Not many individuals even know about this. They are showing you the model. Things are "being taken care of," meaning Greece will not collapse and become a third world country, while others gain at their expense. It is a global event. Finally, a word about Jade Helm. JH was designed to ensure that people in the US stay safe during this transition. That said, when did JH start? Well, it began a month earlier than advertised, because they wanted to minimize the speculation. They will do their job, and it's best if people just sit down and watch the end of this movie. JH has been active for weeks now. Be patient. You can make sense of all this if you leave the hype, myths, and conspiracy theories out of the equation. Sorry it took me so long to write this on the 4th of July. Look for great things to happen. TopShelf

Friday News Summaries and Commentaries by Aggiedad77 - 6/26/2015 aggiedad77 @ KTFA » June 26th, 2015, 12:11 pm Friday News Summaries and Commentaries Deputy: the suffering of the displaced people is a new grant of one million smart card and corruption Well at least one Kurd MP is going out and talking amongst the displaced persons camps in the Kurdistan.....talking but listening as well to issues that surround electricity, water shortages, and the smart card......are the cards being distributed as they should be or is there corruption creeping into the system.....apparently from what he saw and heard there are at least suspicion of corruption...not a good thing. .... Iraq plans to issue foreign bonds worth two billion dollars So the bonds the Iraqi's plan to issue will come in at least 2 phases it would seem, first $2 billion dollars worth....then perhaps the remainder...and still this article speaks of issues over the sale of Basra oil and how the revenues will be used.....unclear who is right on this issue at this point in time....Finance Minister Zebari had issued claims earlier last week I believe that was saying these accusations are false....meanwhile look for changes in how Iraq deals with the international oil companies and how they are paid in the future. A member of the parliamentary Finance: The Benefits of bonds worth $ 5 billion curtail the role of speculators Ok from our other brothers at the Finance Committee, never let a news opportunity go to waste.....they see the new bonds that could be released in late July as being a way to reduce speculators....the one thing that would be a positive from these bond sales would be improved liquidity for Iraq. Independent bodies ... wrestle between political and legal management proxy forces This is an issue the various political blocs have been struggling with since the last government and still today they have no real viable solution.....I would think they should schedule a meeting with PM Abadi and sit down at a table and talk seriously about the concerns that each have regarding this proxy issue.... I believe that Abadi would welcome such a dialogue and want to be a part of finding a solution for all in this arena.....talking and moaning and groaning about issues does little but foster bad blood....someone needs to make a pro-active step to put this on the table to be analyzed and dealt with in a professional manner. Decisions of the Economic Committee of the Council of Ministers Sounds like Deputy PM Shaways' committee is making inroads towards local wheat crops for Iraqis and thumbing their noses at imports....wooohooo for them. National Investment Authority: Modify our law provides great protection for the investor The head of the National Investment Authority is looking for positive changes as a result of amendments made to the Investment Law.....positive impacts for investors within Iraq....this is good....supposedly this law will be presented for a vote early in the next session of Parliament that begins next Wednesday. Karbala receive the first batch of the 2015 budget and stresses: We are paying off 10% of the dues Contractors The province of Karbala said it was receiving the first part of its 2015 budget package today and would be making payments to 10% of contractors....this amounts to roughly 94 billion dinars for them.....about 9 billion dinars would be distributed amongst contractors at this time....the total share of the 2015 budget for them was only 112 billion dinars and the province was critical back in January of how this calculation was used to derive their budget entitlement for the year. Parliamentary Finance: smuggling operations will raise the price of the dollar again I have one thought for the Finance Committee....if you are so dang concerned about smuggling....do something about it.....something worthwhile this time.....either put up or shut up.....lean on the Integrity Commission to go after who ever it is that you feel is doing the smuggling....it's high time for you to earn your keep and to give up on throwing wrenches in the system to just try and slow things down....nuff said. Araji: who stands with Iraq now will have preference and the government will pay dues British British Petroluem remains a big player in the oil and gas arena of Iraq....payments to them obviously are of great importance to keep their working efforts focused on the biggest benefit for Iraq in this area......thus the need for urgency to fulfill payment needs to them in a timely fashion....sounds like BP may be working up to some preferential treatment from Iraq in the future and may see their contractual claims grow within the country. Well perhaps this is a timely place to go in search of some macadamia nut cookies...and a prime spot in the sand before it heats up.....enjoy the day and what it has in store for you Family. Aloha Randy

Monday News, Summaries and Commentaries by Aggiedad77 - 4/20/2015 aggiedad77 » at KTFA, April 20th, 2015, 10:40 am Monday News Summaries and Commentaries Parliamentary Finance: Iraq actually needs to international borrowing Yet another talking head from the Finance Committee verbalizing the woes of Iraq to come if they don't do some kind of borrowing on an international level....the World Bank is today's focus it seems..... He talks of Finance Minister Zebari talking about requiring $5 billion dollars to meet the needs of the bonds they have been talking about.....they are in negotiations with both Citibank and Deutsche Bank to obtain such a loan... .Meanwhile going to the IMF in search of $700 million in financial aid from them....plus they are working on a deal to finance the purchase of ten Boeing airplanes.....all the while their monthly government payroll stands around $3.5 billion dollars a month.....cut some of the fat loose. .... Kubi: The United Nations will provide assistance to the displaced and support Abadi The UN has announced it will help provide support for displaced citizens within Iraq...this comes after their discussion with the cleric al-Sistani....the UN also announced it would do everything it can to support PM Abadi. Zebari discuss with the International Monetary Fund financial reform steps to address the budget deficit Finance Minister Zebari met with IMF head Lagarde and talked of reform concerns that will help to address the Iraqi budget deficit and current liquidity crisis...this discussion was held during a meeting with the IMF and other ME finance ministers and central bank governors. Finance calls for the International Monetary Fund to reduce prices imposed on investment projects Finance Minister Zebari met with a couple of subgroups within the IMF concerning the lowering of prices associated with investment projects within Iraq as a means to help kick start the private sector within Iraq....they continue to investigate any number of ways that will seek to bring about lower costs to Iraq at this time of liquidity crisis. The formation of sub-finance committee to prepare the body for the formation of the Deposit Insurance Law A Finance Committee member spoke out today announcing the formation of a sub-committee that will look into the creation of a proposed law that would for a body to guarantee bank deposits....something that is long overdue for Iraq....they seek to stabilize security within the banking industry....something like this will go a long way to alleviating depositor worries. Can Iraqi prime minister deliver on pledges made in Washington? This is a fairly easily read article, so I will allow you to do that on your own....what I will suggest about this article is this.....IMO....this article was written by a huge sympathizer of the current administration.....who IMO....are not as eager to see Iraq succeed as the rest of the world wants Iraq to win.....we are slow to support....slower to arm.....and so afraid of looking bad from a political standpoint that we simply will allow two fledgling allies to just go by the wayside in a dire time of need on their part....Iraq and the Kurds.....there has been and continue to be great strides made by this government.....but to gloss over the successes and push the knife in deeper with the other hand is not acceptable of a world power...again IMO. Parliament to raise its 28 April Today's Parliament session did get through the second reading of the Investment Law....woohoo....some progress....as well as a couple of other readings....then announced its next meeting to be April 28. Finance is preparing to issue secured orders According to Dr. Saleh Iraq is about to cover its 2015 budget deficit from a variety of directions....both internally as well as externally in the forms of loans of varying scales as well as bond sales/auctions....all of which will total enough to cover this years deficit in the budget..... This is probably not a great position to find oneself in.....but it is all thanks to the former government and their corrupt ways that has led to this predicament that Iraq sits squarely in the middle of today... That coupled with the 50% fall in oil prices since last summer....the two coupled together have done nothing but spell headache after headache for Iraq....I even blame the rise in domination by ISIS in this same time frame on the former government for not providing security for their country as they should have....they are the real cause for ISIS presence in Iraq today and a third nose bleed for Iraq's economy today. Specialist: that Iraq is free of sovereign funds depth of the crisis A rather weak opinion by one specialist that appears to feel forced to lean upon wikipedia for support of his stance.....not a strong support for his effort at all I am afraid....wikipedia is not reliable as a source of information on any professional level....he is right I believe in that Iraq needs to have a sovereign currency in order to bring them out of the crisis they face....how do they manage to do that...raise the value of the currency to some recognized international level....begin true trading and interaction with the big dogs of the world. World Bank representative for the morning {}: help Iraq out of crisis The World Bank is urging Iraq's government to take stronger measures with regard to greater fiscal consolidation of revenue and expenditure measures....in other words keep looking for ways to cut spending...the country saw significant deterioration of their finances in 2014 hit from several different directions all at once essentially has led to a huge liquidity issue for the government....truly a rehash of what we've been witnessing in their economic and financial news for the past number of months. Coffee break time.....dibs on the bathroom too....LOL.....have a great Monday Family. Aloha Randy

Friday News Summaries & Commentaries by Aggiedad77 - 4/17/2015 aggiedad77 » KTFA: April 17th, 2015, 10:12 am Friday News Summaries and Commentaries Efforts to identify the mechanisms of the Iraqi economy According to one economist the starting point of the economic mechanism for Iraq is a market economy along with identifying the role of both the public and private sectors....that makes sense....right up front identify the players and what will be expected of them in order to achieve what you expect....in the meantime they should look to the CBI for much of the gameplay that will see the market economy put into serious play. .... Specialize demanding amend the Banking Act and stress: It has 600 branches and total funds amounted to one billion and 600 million dollars There is a call to strengthen amendments in the Banking Law....strengthen them to help private banks thus allowing them to be effective in assisting in meeting the challenges faced within Iraq today and into the future..... Much of the economic collapse within Iraq has been responsible for the weakened affect on private banks and even in a lowering of confidence in the government sponsored banks....recovery for the many banks within Iraq started after 2003 but was ground to a halt due to issues related to political and security problems.... There is no doubt there is room for improvement in the Iraqi banking system, in particular associated with the private banks....the government is working in this direction as we speak....but do they recognize the full implications of what needs to happen....only time will tell. President of the World Bank for the servants, we will contribute to the financing of urgent projects in the liberated areas Notice this is from the World Bank GROUP.....the humanitarian arm of the World Bank who remains committed to helping finance those projects in liberated areas that are deemed to be "urgent".....water, electricity, and other such work that is deemed to be of special need for Iraqi citizens....humanitarian type of work....they told PM Abadi they also remain committed to providing assistance towards economic and financial reforms for Iraq.....the support spoken of here will come largely in the form of monetary support for projects so identified. Abadi from Washington is economic reforms in Iraq PM Abadi spoke before a group of US businessmen who have expressed an interest to work in Iraq and invest there....Abadi spoke of security, economic, and political challenges facing Iraq as well as reforms that are underway to turn things around in Iraq....he conveyed a welcoming gesture towards those in attendance to see Iraq as an opportunity for their companies and their investments that would bring big benefits to Iraq and reward themselves handsomely. Iraq calls for a review of the dinar exchange rate The CBI has recently made efforts to provide more windows to be opened to deal with currency sales in Iraq, essentially doubling the number of banks and companies involved in the process and has seen some improvement in the exchange rate between the USD and the IQD..... Dr. Saleh spoke on behalf of PM Abadi and stated that the price of the IQD against the USD is unrealistic at the current time.....he continues to stress the need to remove cap restrictions placed on the CBI by Article 50 of the budget....this gives the CBI no operating room to conduct its business of stabilizing the IQD...... The problems created by Article 50 made supply and demand a big issue and pitted the USD against the IQD leading to increases in the USD over the IQD....I think he is very politely trying to say that whoever implemented the cap didn't fully understand what they were doing or the repercussions of their actions. Abadi and Biden discuss the mechanism of application of the framework agreement between the two countries Alastruthristi PM Abadi met with VP Biden and talked about the Strategic Framework Agreement between the two countries....within this they also touched on issues surrounding economic and financial cooperation, and within the energy arena they talked specifically about oil and electricity....some of the basic essentials of those area liberated recently from the clutches of DAASH....Abadi it seems focused on what the US can do to provide help in the fight against DAASH and also in the rebuilding of the provinces affected by this war on terrorism.....not really sure that Biden said to much at this stage of things. Alkhlati holds the government and the central bank responsible for the fluctuation of the dollar prices A member of the National Alliance bloc offered up his personal opinion that stated the government and the CBI are the ones who need to be controlling the fluctuation in prices between the USD and the IQD.....guess he is partially right....it is the CBI's responsibility to handle such control.....it is the government's responsibility to not meddle in the CBI's business...ala Article 50....never should have been allowed into the budget....let the Judicial branch make its determination soon, hopefully ruling in favor of the CBI and then let's allow them to get a new grip on things.....politicians do not need to handling the finances of a central bank.....there is too much greed at stake in a process like that. Abadi continues his meetings in Washington and looking financial challenges with the International Monetary Fund PM Abadi's meetings continue in the US....looking to address financial challenges by seeking assistance from the IMF to meet these challenges....the IMF pledged support both from a humanitarian standpoint as well as helping to deal with economic financial difficulties....time will tell the story of how much support the IMF is willing to spring forward with for Iraq. Abadi: We have to move on to the economy is controlled by the private sector PM Abadi is stating that Iraq remains committed to reforms within the country that include many economic and financial apparatus' that surround such reform all the while seeking to encourage business investors to look towards Iraq as a country rich in opportunities....one that is moving to remove investment red tape and to eliminate the corruption that has been prevalent in the past.....he sees bureaucracy as playing a negative role with investments in the past and aims to change that climate....a big change that he is attempting to invoke is pushing as much responsibility to the provinces as can be done to deal with investment opportunities more on the local levels rather than through Baghdad....stressing the need to move more and more towards and into the private sector for control of things. Government Abadi turning three military bases to civilian airports According to PM Abadi the COM has recently approved turning three former military bases into civilian airports...these include bases in the Maysan, Wasit, and Dhi Qar provinces.....they are claiming that revenues from these airports can help to overcome the strong reliance that Iraq has had on oil for revenue in the past....yes every little bit certainly helps. Parliamentary investment: the coming months will see a shift investment file The Committee on Economy and Investment is stating that in the coming months Iraq will see a change coming about for investors seeking to invest in Iraq....this sounds like the elimination of much red tape and corruption that have been prior issues for investors to get a toe-hold in the country.....they are expecting a vote on the Investment Law in the next few months.....keep this in the back of your mind....this is the opinion of just one individual and may not be reflective of the committee head's opinion or direction....or that of the government's desires....it could all happen much sooner if the proper pressure is applied in the right areas. Oil Committee suggests that the government should not rely on the payment on credit because it will increase the country's crisis Again do not be misled by the title here....a member of the Oil and Gas Committee is speaking....does not mean his opinion is that of the entire committee....very important to keep that in mind....as he states paying for projects on credit is not something that should be considered because it will simply add to their debt.... He says they should improve oil production capabilities, build refineries and seek other means besides oil to bring revenues to Iraq.....what has he been smoking in his pipe.....the same things the government has been talking about since Abadi took office.....but they have to have ongoing work within the oil arena as well as other industries to make this all happen....thus the idea of project work on credit....because they have a liquidity problem here and now.....this guy lives on another planet it would seem. Iraqi Kurdistan’s next big crisis: Its presidency The Kurds have recently been working on their Constitution, writing amendments and such to it, voting on it....looking ahead to what will happen with their presidency....Barzani has served his two terms and then some......what is the future for the Kurds in this respect....democracy or dictatorship....some loopholes in the Kurd system have kept Barzani in office beyond the time his two terms were up in 2013....the battle ensues over this issue for them.. Many believe that Barzani is the strongest man for the job....but does that give him the right to make his own policies....the current terrorist crisis does not help the situation....it almost puts Barzani in a position similar to what Roosevelt held back in the day...stay in office to combat the crisis that has reared its ugly face in the Kurdistan region....I am sure we will see and hear much more on this issue in the future. Is your coffee cup half empty or half full this morning......mine is completely empty at the moment and is demanding to be refilled.....here is the news thus far on this Friday....enjoy.....who knows what else will be hurled at us on this day.....thanks to Delta for the tidbit last night too. Aloha * Randy

Aggiedad77: Thursday News Summaries & Commentaries - 4/9/2015 Post From KTFA by aggiedad77 » April 9th, 2015, 10:27 am • Thursday News Summaries and Commentaries There are some very good and interesting pieces in the news today....sit back grab some coffee and enjoy as we hear from the CBI today......and meanwhile certain ones in Parliament continue to complain no matter what is done or who does it.....they complain..... if I say the sky is a beautiful blue this morning....their complaint would be that it should be a deeper blue.....if I gave them a macadamia nut cookie....they would complain that Frank took a bite first....well that one I can understand.....LOL.....Happy Thursday everyone. Legal Committee sent the draft constitution for the presidency of the Kurdistan Parliament Legal Committee of the Kurd Parliament has sent a draft of their new constitution to the Speaker of the Kurd Parliament so that it may be brought up on a vote... there are 11 Articles in the document it appears....the Kurdistan Democratic Party was the only real opposition to the document but they apparently have come around and now stand in agreement as well.....guess they await a vote on it. ~~~ Central Bank doubles the share of banking companies of the dollar and other open ports The CBI seems to have worked out a way in which to reduce the price of the dollar in the Iraqi market, the street value.....they are authorizing the opening of twice as many banks or windows to sell the dollar.... this is especially true with the Rasheed, Rafidain, and Trade Banks who sell to companies and small importers.....this comes in conjunction with new CBI mechanisms put into place since the ceiling was placed on the currency auctions by the 2015 budget, Article 50.... this doubling of windows should slow if not stop the rise of the dollar against the IQD. Parliamentary Finance: the central bank is likely issuance of large coins The CBI met and talked at length with the Finance Committee....the bank has been trying to reduce the number of bills on the street, we've seen evidence of that for months..... meanwhile the CBI is trying to do what it can to support the integration of private banks so these banks will gain credit strength from the CBI and solidify their banking transactions..... as we are seeing from I-Teams reports the CBI is actually more ready to implement a change in the currency than most people want to let on....hang on....it is coming.....keep the faith.... the BEST is yet to come.....listen to your IQD it is saying....."Hold me...hold me....never let me go....Hold Me"......but spring is in the air....and time is ripening. Center sends third batch of the Kurdistan Regional staff salaries So another 527 billion dinar is shipped to the Kurds.....piecemeal work....who has kept track of all these "little" shipments...maybe the plane can only hold so much....maybe this or that..... but at least they are getting something....I just wonder who is keeping the books straight on all this...maybe it's TopShelf....he seems to understand the spreadsheets.... the Kurds are saying this still isn't enough....that 820 billion per month are needed for salaries....what happened to just over 1 trillion per month.....why has that number dropped....hmmmmm....a change in currency that could be coming perhaps. Parliamentary Finance commends the central measures to reduce the guarantees on loans So is the CBI not looking or scrutinizing the loan process as closely as they once were doing....is that freeing up more loans for citizens and businesses.... if so this will certainly do what the Finance Committee is saying....expand the base for granting of such loans.....but where is the money coming from for these loans in the first place. Forming a mini body to address the outstanding problems between the investor and the investment bodies From within the Economy and Investment Committee comes a subcommittee who has the responsibility to look at issues between the investor and the investment bodies.... this in conjunction with the main committee's efforts to get the Investment Law passed....hopefully this subcommittee will help in ways that will continue to look for red tape that can be eliminated. Compel Iraq's Kurdistan Regional Government, the implementation of legal customs tariff and the general budget of the Federal The COM is looking to the Kurds to get up and do something.....start implementing the 2015 budget and the taxes and tariffs like you are supposed to be doing....you know....like the rest of Iraq is doing.....if it applies to the rest of Iraq it applies to you guys as well....so just do it. Special / reconstruction fund liberated areas looking for external support, we need to weaken the government allocated Remember Turki......the former governor of the CBI he now heads up the reconstruction committee work for liberated areas of Iraq....he is seeking grants and loans and money in general to help with all reconstruction work in those areas formerly held by DAASH or that have been damaged in the battles against DAASH.... the Iraqi government just doesn't have enough funds to deal with all the reconstruction needs for those areas of the country.... he is planning a conference in April at the international level to invite countries and companies in to see first hand what is needed and how they can step up to the plate to offer humanitarian aid and money to help these areas of Iraq get back on their feet. Conscious / Higher Committee for the displaced discuss mechanisms Issuance of smart card and near the opening of a residential complex in Baghdad They continue to work with the issuance of smart cards for those who are classified as displaced citizens....sound like they may populate the cards with 10,000 IQD to start with..... not much but better than nothing I guess.....at the same time they are working on improvements to services for these folks.....that is probably a greater need for them at the moment..... better services.....housing is also being addressed....humanitarian efforts it seems.... but this is just a spit in the bucket....it needs to rain help on these folks who have been kicked out of their homes and businesses now for at least a year.....they need attention. Conscious / high dollar is intentional and the government to take the necessary measures A Kurd MP is claiming the rise in the price of the dollar has been an intentional effort and looks to the government to take necessary action to put an end to it...... he looks to the Finance Committee to stop the rise or else goods will stop being sold and they will see a recession.... my thoughts on this tend to lean against the Finance Committee or at least some of its membership as being the ones who were the drivers of the problem.... they brought this upon Iraq with the spawning of Article 50 that put the CBI auctions in a pickle....yet no one wants to look that jackal in the face and call it what it is....beware of what knocks on your door in sheep's clothing. Najiba Najib: The government and the central bank behind the rise in the dollar rate against the dinar Well this member of the Economy and Investment Committee has half of the equation right....the government.... the Finance Committee within Parliament is the culprit with their creation of Article 50 in the budget....has been the cause of the rise in the dollar rate.....the cause for supply and demand issues.... the CBI has just been attempting to create what they call "mechanisms" that can deal with the Article 50 limitations.....they have essentially been hamstrung by this article..... and what we see are the backlash effects from it....not something the CBI has caused.... yes the answer to the problem would be to repeal Article 50 and allow the CBI to get along with its business....something it has been doing for the past 10-12 years.... if you suspect money laundering or smuggling of currency.....go after the bad boys.....if it were truly the CBI that was guilty....the Integrity Commission would have already been all over them. Jubouri: The government may cut salaries over the next two months if oil prices continued to decline Speaker Jubouri related today that Iraq may have to consider cutting employee salaries over the coming months if the price of oil continues to spiral downward.....drastic times call for drastic measures.... reminds me of the days back in the 90's or so when oil was at its lowest and gas prices were tanking really badly.....oil companies were laying off big time, bonuses dried up, and raises became non-existent..... you do what you have to do to protect the bottom line.....to stay afloat.....knowing that things tend to be cyclical...and good times will return. Consultant Abadi reveals reasons for the high dollar selling price Dr. Saleh spoke again...and when he does....people should listen....he speaks with authority and experience.....supply and demand issues are the first reason for the high dollar prices against the IQD.....the sharp drop in oil prices has hurt Iraq in a very significant way.... which in turn has directly impacted the 2015 budget.....the other reason...and I think the most significant reason of all is the inclusion of Article 50's cap of $75 million on the daily auctions by the CBI.... the Finance Committee went meddling where they had no business sticking their noses...and now they are too prideful to admit their error...but listen to Dr. Saleh....he is not afraid to point the finger at them. Badr block: Abadi visit to Kurdistan and oral understandings put into practice and application Several political blocs see PM Abadi's recent visit to Erbil as being a good thing....continuing the dialogue between the central government and the Kurds.... pushing for further agreements between the two.....they have shown a willingness to work together as a team in combatting DAASH and liberating areas within the region... and continuing in this same direction towards the liberation of Mosul in coming days or weeks...... now if they can just continue to seek common ground with regards to oil and gas issues and payment of Kurd employees and the Peshmerga. Cabinet will discuss next week the reconstruction of the liberated areas Fund Law The COM is working feverishly on some way to rebuild the funds in the reconstruction area of the budget to help facilitate the rebuilding within the Salahuddin province of Iraq... that area most recently liberated from the clutches of DAASH....in order to make this happen they must also put the law before Parliament in as swift a time frame as possible. Widening the circle of those who reject the appointment of heads of independent bodies acting PM Abadi is being called to not go the way of his predecessor in naming people to positions based on his on inclinations but to rely on the vote and desire of the people....on the merits of the electoral and political process... I highly suspect that Abadi is all for following the correct protocol...but will also insist that the right person be put in the right seat on the bus.... there are certain qualifications for various positions and those qualifications must be met at all costs regardless of what votes might say.....but he stands against giving positions because of favor to one group or another.....good for him. Islamic State “Controls Just One Oil Field in Iraq” ISIS funding dwindles as it's control over areas of Iraq start to significantly dwindle....this includes their possession of oil fields too.... they are down to one field that remains in their clutches at this point in time....may their funds shrivel up and leave them empty handed and hungry.....totally lacking in any ability to fund their barbaric drive. Coffee break.....go grab a cup and head to the bathroom if you need to....it's a great day today.....just because God gave it to us....enjoy it to the max. Aloha Randy

Special KTFA Conference Call with Delta: 08 APRIL 2015 Notes by: FrostyTheSnowman @ KTFA » Posted: April 9th, 2015, 2:32 am KTFA SPECIAL CONFERENCE CALL WITH DELTA 08 APRIL 2015 ** The comments made by Frank26, DELTA and others are their sole OPINIONS and cannot and should not be used as any form of financial advice. ** FRANK – Hi Delta … can you hear me? I need to give you a quick update to bring you up to speed from “you-know-who.” Things are moving very fast now! Things are much farther than you think. We are moving very quick. .... We will not be giving you any details. That right there Delta was HUGE!!! The monetary reform and SECURITY is moving very fast. We are still not using the internet. The origin was not a power plant. It was what the Russians and what they were doing with our Internet. O signed the EO to stop them, and then they shut us down to catch them. Money laundering is next the issue. We now confirm 100% what Delta’s team reported to you on Monday morning. We found it. Also tell Delta’s team … the reporter … they are repeating it … every day … they repeat what Delta said. DELTA --Greetings family … I just wanted to tell you what happened. Basically every day in Iraq they have a FINANCIAL NEWS [segment] that is broadcast at 5pm Iraqi time. That segment is “LIVE” for about 12 hours, and … >>> (audio cut out in this section) <<< As you know, you’ve all seen the article … the Financial Committee and Abadi are meeting with the CBI. The reporter was saying that he had an interview with the Financial Committee … but before he did that he did an introduction. The way that he [the reporter] said it was … "it was EXPECTED for the Iraqi Dinar value to reach pretty close to a dollar within two weeks". When we shared that news … some people thought maybe it was an April Fools joke or something. This is a legitimate TV station -- sponsored by funds allocated from the budget. For a reporter on Iraqi TV to say that is incredible. We have a team who is watching that TV news channel all the time. No one knows the date or rate but a lot of pressure on the CBI from all angles. No one can pull the trigger except the Central Bank of Iraq. Abadi doesn’t know the date. It’s classified. The reporter said it was EXPECTED to increase in value. Everybody there … including the government is EXPECTING an increase value … but no one knows the exact date. Probably the only ones who know would be the board of directors of the CBI. So they said within 2 weeks. So we are going to wait and see what happens … which will take us down to the 15th or 16th … or the announcement could come by the end of the month. We looked back in history and Iraq’s monetary policy where changes typically occurred at the middle of the month. The last time … >>> (sorry audio cut out again) <<< … currency changed around Dec 15th when Shabibi changed it from 1170 to 1166. Again around January 17th … it just looks like they like to do things around the middle of the month. Remember this is Iraq … and they can do anything that they please. We saw the amazing article from the governor of the CBI who said … “we got the green-light” … and most people thought in 3-4 days we would see something … but nothing happened. So we re-read the article … the governor of the CBI told us exactly what they needed to do before they could pull the trigger. Prior to that … they said they had something to do. They are trying to train the employees about the new models and the new currencies. They want to make sure that everything is under control – (money laundering, e-banking, Qi-Cards, Visa cards) because a lot of people depend on that. We all know they have the lower denominations and they have trained everybody to do that. Again … there is a lot of pressure on the CBI to pull the trigger. We saw a lot of articles coming out … talking again about the Iraqi dinar over the last 2 weeks … and Abadi and Parliament. So why did they say that? Because it’s impossible for them to control the value of the dollar (because of the black-market) … UNLESS they revalue the IQD. They are not ignorant. They know EXACTLY what they are doing! They have the date. They have the rate. One thing that keeps coming up on Iraqi TV is that some of the money transfer companies with offices in Baghdad … they are not sending dinars from city to city. For example, you have people in Baghdad who have relatives in Kurdistan. When they try to send money to their relatives … the money transfer companies are protecting the dinars and NOT sending the dinar, but sending [uS] dollars. The money transfer companies are acting as if they know something is going to happen so they are taking advantage of people and the exchange rate – because they know the dollar is very high … and so the citizens are losing a lot of money because of the ratio. Finally, I’d like to ask you some questions … which you already know the answer to: #1 – WHY (until now) did they not activate the PRIVATE SECTOR and the MARKET ECONOMY? #2 – WHY did they NOT issue the Qi-Cards (with the Visa/MasterCard)? 400,000 retirees are waiting for those cards that they could use anywhere. #3 – WHY has the budget not been completely distributed? If you answer those questions … there is only ONE answer. They need to increase the value of their currency by changing the rate! Everyone is waiting for it! <<< audio cut out again >>> In regards to the spreadsheet … the 1.19 … it’s in dinars and not in dollars. 1.18 equates to about 85 cents … but they might come up. In 2-3 years it might come up to around $3 again No one knows the rate/date. I like to explain exactly what I see regardless if the news is good or bad. Everyone knows the rate is going to be close to a dollar … and that is what everybody is expecting. The media and the government … everyone in Iraq knows the rate has to go up. We are definitely very close family. Are they going to do it in the middle of the month like the reporter said … it’s possible. Could it be the end of this month? It’s possible too. Remember, this is Iraq … we don’t know. They have done a tremendous job in defeating ISIS and DAASH. They have no liquidity. WHY would Abadi need to meet with the CBI everyday? There is an urgency! They need this to happen as soon as possible! FRANK – thank you Delta. iTeam and our ground team found the broadcast. They see it more in the 2nd segment of the 12 hours … it is that same (female) reporter. Abadi and the governor of the CBI meet every morning at 5AM … and then they go to their respective places to work. Remember … around September … I think it was … when M accused Shabibi … we kept telling everyone that Shabibi was not guilty. We said Shabibi was still there. iTeam is protecting Dr. Shabibi Finally yesterday we see confirmations of Shabibi – as Governor of the CBI. Maintain your ground. Guard your investment! Do not lose your investment! The things we share with you is not because we want to be champions of Intel. We have some amazing talent that God has blessed us with here at KTFA … and removed those who were instigators … (and I don’t like doing that.) Hey Delta … Teams don’t see 85 cents. They see $1.17 and up. Again … no one knows the date/rate. Thank you for taking the time to be with us Delta. DELTA – if they don’t come up with a least a dollar they will have problems. A lot can happen. Let’s see what happens! We need them to come up at least to a dollar to help the Iraqi citizens. Love you all! FRANK: On Monday we told you that we can talk to you about Tikrit and Mosul … those projects are done. We told you that you would see some horrible news in Iraq about mass graves. We can’t talk to you about Yemen right now. Look here at the front page in my hometown newspaper … Iraqi soldier … praying over a mass grave … ISIS massacred thousands and thousands of people near an airbase. The Lord has blessed us with so many talented people. Each one of them does things here from the bottom of their hearts because of their love for you and God. CC ended in prayer

Backdoc: "A Mouthful of Information Here!" - 4/9/2015 Backdoc: @ KTFA » April 9th, 2015, 12:13 pm IMO WOW..!! WHAT A MOUTH FULL OF INFORMATION HERE!! (See Article Below) MERGERS AND ACQUISITIONS IN THE BANKS TO IMPROVE TECHNOLOGIES AND BANKING PROCEDURES AS WELL AS BUILDING A LARGER LENDING CAPITAL RESERVE BASE! I ALSO LIKE THE WORD "ACTIVATION", OF BANKING TRANSACTIONS! COULD THIS HAVE SOMETHING TO DO WITH PEOPLE THAT RECENTLY NEEDED VISAS INTO THE COUNTRY WITHIN 72 HRS? MMMMM MY GUESS IS YES!! THEY NEED SKILLED FOLKS TO IMPLEMENT PROCESSES! WITH 16 COUNTRIES PROTECTING THE BANKS I BELIEVE THEY ARE SERIOUS! .... IMO THE HEART OF ACTIVATION OF THE PRIVATE SECTOR WILL BEGIN HERE FIRST BEFORE THEY SHOW US THE RATE MECHANISM WHETHER ITS A FREE FLOAT OR A MANAGED FLOAT. RETURNING TO ITS PREVIOUS GLORY DOES'NT SOUND LIKE A GRADUAL PROCESS BUT TIME WILL REVEAL THE TRUTH ON THAT SMALL ITEM! LOL COINS BEING INTRODUCED TO INSURE CONTROL OF THE NOTE COUNT AND PREVENT COUNTERFEITING! IF THERE ARE ANY LOPPERS OR DOUBTERS READ THIS AND SHUT THE FRONT DOOR !! SO THEY ARE GIVING EXCUSES FOR WHY THEY HAVE TAKEN SO LONG TO IMPLEMENT DROPPING THE ZEROS AND TURNING THEM INTO HEROS!! WHY? BECAUSE THE FACE VALUE REMAINS AND THEY NEEDED TO REDUCE THE NOTE COUNT, YES, EVEN THE FIFTY BECAUSE A 4 CENT NOTE WOULD BE NEAR OR WORTH OVER 50 BUCKS APPROX.! NOW THAT WOULD DO SOME FINANCIAL DAMAGE IF THEY WERE NOT REMOVED! YES, THIS IS WHERE MY EYES LOOK FOR A HEADS UP TO SIGNIFICANT CHANGE COMING, DULY NOTED NOW IN MY BOOK! 8@8, DOC IMO walkongstick: Parliamentary Finance: the central bank is likely issuance of large coins Thursday 09 April 2015 Parliamentary Finance Committee revealed on Thursday that the Central Bank is likely to issue a large coins in order to minimize the number, while showed that the Bank supports the merger of private banks. Said committee member Majda al-Tamimi's "Qurtas News" that "the Commission hosted the Central Bank officials two days ago, to discuss the work of the Bank and its relationship banks, as well as discuss the assets and net reserves of domestic credit and the net in the balance sheet of the bank, and the basis of cash and the impact of increasing oil reserves, which leads to reduce cash basis. " Tamimi explained that "the central bank justified the lack of implementation of the project to delete the zeros because this process does not reduce the size of the paper," asserting "the benefit of the largest export categories to reduce the number, to maintain the value of the dinar." Tamimi pointed out that "the Central Bank supported the need for the integration of private banks and activation of banking activity, because most of the banks need to support and strengthen its credit and bank transactions." Parliamentary Finance Committee, headed by Ahmad Chalabi, the Commission and members of the Committee on April 6 the current central bank governor and his senior staff and hosted. The banking system consists in Iraq from 43 banks, as well as the Central Bank, and distributed according to government ownership between seven and 30 waged, including the Islamic seven, as well as six foreign banks which is distributed by Branch 600 in the whole of Iraq. LINK: al-Qurtas News Link

Wednesday News Summaries & Commentaries by Aggiedad77 - 4/8/2015 aggiedad77 @ KTFA » April 8th, 2015, 11:03 am Wednesday News Summaries and Commentaries Many things in the news today, enjoy all there is to share, and know we are on the right track.....the BEST is yet to come!! General Integrity: the property registered in the name of Al-Maliki's staff Sneaky sneaky on Maliki's part.....many properties, palatial mansion types of properties have ended up in the names of staff members....the types of staff members who would never earn enough money in their lifetime to own such property are now being shown as owners of record.....the well is beginning to smell really fishy....corruption is a dirty word today in Iraq and so many are going to go down....and the ones who fall the hardest are those who stood at the top. .... Salahuddin Council urges the government launched the salaries of state employees The governing officials of the Salahuddin province are calling for Baghdad to turn loose of March salaries for their employees, asking to please not hold up on that process any longer....freedom from DAASH is a great thing...but it does not put food on the table....please send salaries as quickly as you can. Kirkuk, Baghdad demanding dues regardless of petro dollars amounting trillion dinars Kirkuk is telling Baghdad we do not suffer from a deficit but a lack of funds....the funds that are called petrodollars have not been forthcoming to them for 2013 and 2014....to the tune of one trillion dinars....yet at the same time we are able to open our seventh health center within the province at a cost of one billion 400 million dinars.....we've managed to stay afloat during these hard times imposed by the former government.....now why can't you catch us up on what is owed to us. Video: What's behind the money laundering operations in Iraq At least one member of the Finance Committee continues to work hard to point fingers in all other directions that speak to alleged money laundering activities associated with former currency auctions in Iraq.....even says the reason for such "large scale" smuggling operations is due to lack of banking laws...... My question to to this individual....where do those laws originate from....your glorified committee....so what have you been doing in your time as a Parliament member....besides standing in front of reporters crowing and pointing fingers....why haven't you been getting these laws that are needed on the books.....why put your effort into hamstringing the CBI with your Article 50.....talk....talk....talk is nothing.....where is the action.... Why haven't you involved the Integrity Commission if this alleged money laundering is as rampant as you want to make it out to be....why is it only you that makes this noise over and over again.....I am beginning to think that you are shepherd that cried wolf....no one is listening....just my opinion. Securities: We can not insert foreign companies in the market The head of the Iraqi Securities Commission says they cannot accept foreign companies into their exchange at this time....however the number of foreign traders has been on the rise.....foreign companies are not able to show the transparency that is expected of Iraqi companies, nor can they so easily show the sources of their funds it seems.....on the other hand foreign traders have risen some 18%, accounting for more than one billion dinars in trading, a definite boost for the market. Vice-Abadi: Iraq is not going through a crisis, but economic unwell and Setjaozha One deputy PM for Iraq is saying that Iraq is not encountering an economic crisis at this time but instead is walking through an economic "malaise" that will be over soon....pointing to the rich resources that Iraq is known to have....pointing to the work the government is undertaking to overcome the situation. Abadi: Joint Committee between Baghdad and Erbil will meet later this month PM Abadi's dance card is starting to really fill up for April....we know he is going to Washington next week....that he will likely be in attendance at this joint committee meeting later in the month....he is meeting with the Kuwaiti's......the news today will show he is on his way to Anbar to kick off a new front in the fight against terrorism...meanwhile this joint committee is truly working as one towards the common denominator.....DAASH elimination.....if I didn't know better I would say that Iraq appears poised to opening TWO fronts.....one in Anbar in the coming hours/days....and one against DAASH in Mosul very shortly.....can they do such a thing.....and be effective. Proceed to issue the smart card to secure the rights of displaced people from the provinces hot The Ministry of Displacement and Migration is working with the Rasheed and Rafidain Banks to get smart cards issued to displaced citizens and families in provinces that have recently been liberated from DAASH control.....I'm thinking these include Saluhuddin most recently and may include Nineveh very soon as well. Abadi up to Anbar to lead military operations I told you this was coming.....PM Abadi arrives in the Anbar province to kick off new operations that are aimed at kicking DAASH butt and removing them from Anbar once and for all.....zero hour is quickly approaching....watch for it. Dialogue between the private sector representatives and economists with representatives of the government and the House of Representatives on economic reform and development of the private sector A "who's who" kind of economic summit meeting was held in Iraq where dialogue was established between the private sector and economists with the government and Parliament and they broke bread and talked about economic reforms and further development of the private sector......both very necessary steps for Iraq to break through the crisis they face today.....many thoughts and ideas were laid upon the table....but all of this must culminate in much more than just talk....there has to be action taken to ensure success....action that starts now and carries forward to bring about change that will put Iraq on the world map in a big fashion....let that change begin now. Parliamentary Foreign Affairs: 3 files to be discussed in Abadi America Three agenda items for PM Abadi to take to America....first arming of Iraqi Security Forces....second obligations of the US under the Strategic Framework Agreement that has been previously signed....and third development of bilateral relationships between the two countries....with overall focus on what can the Iraqis expect from the US in the way of support in pushing DAASH out of Mosul. Alusi: lack of provincial funds disbursement will enter Iraq in danger Iraq has shown only 30% of the budget thus far claiming a lack of cash as the issue...but is saying the remaining 70% of the budget will surface in the coming days...some claim that any further delay will create more serious problems for Iraq....there are claims that Iraq cannot sustain their fight against terrorism alone...they do not have the funds to do so and must call upon outside sources to help in this regard....they may face financial ruin if that help is not forthcoming soon. Iraqi PM Haider al-Abadi to Visit US Next Week PM Abadi to Washington next week.....not this week....unless something has grossly changed.....I'm thinking he is due in Washington around the 14th.....whenever he shows up I hope he brings his A-Team and his best game to present before whoever he meets with here in the US...and I hope they listen well. Submit Parliamentary Finance discussed with the central bank governor and his senior staff precautions net domestic credit in the state budget Big meeting between the Finance Committee and the CBI governor and his staff, talking about money laundering, money transfer companies, plans of the CBI, banking laws, money that has disappeared from various sources, depositor insurance, deletion of 000's, and integration of the private sector banks....a plethora of topics that I am sure took up the better part of the day....where do they go from here.....perhaps a "green light" is indicated. Parliamentary Finance: rising dollar and falling depends on oil sales and will take swift action for the return of stability This particular Finance Committee member has now used just about every excuse in his bag as to why the IQD continues to fluctuate against the USD....now claiming it has to do with oil prices falling from $100 to where it stands today at or near $50....again....who is listening to this person...ho-hum. Zebari said in Kuwait to discuss and activate the economic and trade relations Iraq's Finance Minister while in Kuwait spoke to counterparts about reactivating economic and trade relations between the two countries....strengthening ties between the two. Secretary General of the Council of Ministers receives Bank City Bank Director The COM Secretary General met with the director of Citi Bank in Iraq to discuss deficit issues for Iraq....making note of the financial drain the fight against terrorism is having on Iraq's coffers. Conscious / Zobaie demanding the Central Bank and Ministry of Finance to reduce the interest rate on loans The chairman of the Integrity Committee is asking the CBI and Minister of Finance to consider reducing the interest rates on loans to citizens, companies, and institutions.....claiming that such action will help in revitalizing the private sector of Iraq....this in turn will aid the economy by creating more jobs, putting people back to work....the domino theory working in a positive fashion. The appearance of Mohammed Saleh: central bank intervention in the market cause a decrease rate of the dinar Dr. Saleh spoke today on stabilizing that IQD against the USD.....stating that bringing the IQD back to its former level (NOTE: I think Saleh was referring to the former level of the IQD against the USD here...what it was before the cap was invoked by the budget....not the former level of the IQD at the $3.22 rate) may not happen in light of the action taken by the Finance Committee in the budget by capping auction sales at $75 million per day...but he says that stabilization can happen....he states the obvious....that with the cap the rise of the USD was a foregone conclusion....stupid move on the part of the Finance Committee in other words. Iraqi Government Announces Start of Anbar Operation Listen up DAASH....we are coming to get you....no we are not stupid to announce the day....but rest assured your days are numbered in the Anbar province.....we will ferret you out of every hole you occupy today....it only took us a month to reclaim the Salahuddin province.....sure Anbar is bigger, but we are seasoned now.....and your days dwindle.....mark our words. Basra Council confirms the imminent arrival of a new meal of names covered by article "140" Basra.....new meal....Article 140....what an interesting collection of words.....also make note of....."next few days"...."arrival".....what would push such activity.....perhaps a new order within Iraq....a new order based upon a new rate....a reason for suddenly give attention to Article 140....because it has sat upon the back burner now for a while just simmering....but it could be time to turn up the heat....according to the Basra Council. Taking a break here Family.....please note that on Dr. Saleh's article and interview I do not believe he is referring to the "old IQD" rate of years ago ($3.22)...but instead he was referencing the relationship between the IQD and the USD prior to the cap of $75 million that the Finance Committee threw in the budget in article 50.....I hope I've made that distinction clear.....I know some of you are looking at it differently....I'm just calling it as I interpret it.....I am of the camp that we will see the amount mentioned eventually as part of the RI/RV process....but do not believe this is what Saleh is referencing here. Aloha Randy

Thursday News Summaries & Commentaries by Aggiedad77 - 4/02/2015 aggiedad77 @ KTFA » April 2nd, 2015, 9:29 am Thursday News Summaries and Commentaries: Parliamentary Finance: taxation to raise the dollar's exchange rate against the dinar Take notice Family that this Finance Committee member has now come forward with probably 4-5 reasons why the USD continues to rise against the IQD.....it is called supply and demand.... There is less available on the street these days so the price has to go up if the demand is there.....but he continues to point to all sorts of things....today claiming it is the taxation process that the government is implementing that is the cause..... He does say it will now stabilize and not go any higher....wonder what he basis that on.....you have to wonder who to trust at times. .... Keywords: Iraq can be included in the blacklist issued unless a special law of money laundering The governor of the CBI warned that Iraq could find itself on a blacklist with other countries if laws are not brought forward that will help in dealing with money laundering....this is serious business and could cause association with terrorist activities if it is not dealt with properly. Parliamentary Finance Committee vows banks that facilitate money laundering deterrent penalties Finance Committee after meeting with the Minister of Finance and the governor of the CBI announce they will work in conjunction with the Integrity Commission as well as the Committee on Economy and Investment as well as the Speaker of Parliament on further discussion regarding money laundering and action to be taken against those who attempt to sabotage the Iraqi economy in this fashion....the World Bank also warns of issues surrounding money laundering on the world level....Iraq needs to pay attention and do the right thing here. Ahmad Chalabi: there is not a real auction for the sale of a fixed price quoted currency speculators and steadfast The head of the Finance Committee spoke and stated there has been no real auction at the CBI with regard to currency...that pricing has been impacted by speculators....well of course it has....the pricing is fluctuating on the street value at the moment....and the supply dwindles as the demand rises causing the price to go upwards as well....change your budget article 50 if you expect to see activity by the CBI....stop being a part of the problem and work towards being part of the solution. Parliamentary Finance: Baghdad on payment of the province after oil exports rose Finance Committee reports that Kurd oil exports have been rising....side note....why would the Finance Committee be reporting on this issue....sticking their nose in a direction that it doesn't need to go again.....but regardless the good news remains that Kurd exports have reportedly hit 600,000 barrels of oil per day....the Kurds are doing their part...now the government needs to follow through with their payment as the budget calls for. Iraq has lost $ 165 billion over six years .. including $ 50 billion for the protections of officials Iraq says they have lost $165 billion dollars through the DFI in the past 6 years...I would be checking pockets of former politicians and leaders of the government....there are distinct bulges and they are not gaining weight..... Mismanagement and administrative corruption is putting it lightly....add to this budget surplus years from 2006-2014 totaling $154 billion dollars but they only have $5 billion to show for this....there are sticky hands somewhere.... Shouldn't be too hard to locate them....and on top of all this is overspending on protection of officials....maybe they felt they needed the protection because of the corruption operations they were all running. The formation of an investigative committee on foreign currency smuggling out of Iraq Again my buddy from the Finance Committee speaks again....talking of an investigative committee to look into currency smuggling.....why not turn this over to the Integrity Committee let them do their job....what is there to hide from them.... Yes it is wrong to smuggle money out of the country....but for the Finance Committee to be forming a subcommittee within itself to look into smuggling.....I'm thinking PM Abadi needs to watch this group very carefully....they seem to be knocking over teapots and kettles to lay blame upon the CBI for these activities and I'm not one to believe the CBI would be guilty of such actions....time will tell more. President Barzani Welcomes US Congressional Delegation President Barzani of the Kurdish region met with US Senate members yesterday, talking about recent victories by the Peshmerga against ISIS terrorists and complimenting the Kurds for their efforts to beat back the terrorists......Barzani also spoke about issues between Baghdad and Erbil saying that he hopes that recent agreements between the two will hold and lead to better relations. Iraq Crude Exports Rise 15% in March to Highest in 35 Years Iraqi crude exports continued to rise with March showing an increase of 15% to levels not seen for 35 years.....their exports averaged 2.98 million barrels per day for the month....their sales were at $48.24 per barrel so you can see they are not at budget levels yet. Ki-card company to launch a campaign for the issuance of a smart card for displaced people in all the provinces Smart cards are to be issued to all displaced citizens later this month and that includes people within the Kurdistan region....doesn't say how much might be loaded on the cards at this point. IBBC Spring Conference: “Iraq 2015: Realising Potential” The Iraq British Business Council will be conducting a conference that starts on June 1 of this year....the focus of the meeting will in recognizing the potential within Iraq at this time.....tickets are going fast get yours now....they will also be dealing with small and medium business interests for Iraq. Coffee break and personal business errands are creating a break here this morning....will look for more later today. Aloha Randy

Monday Night KTFA CC with Frank26 & TopShelf - 3/30/2015 Notes By FrostyTheSnowman » March 31st, 2015, 12:03 am KTFA MONDAY NIGHT CONFERENCE CALL NOTES 30 March 2015 ** The comments made by Frank26, TopShelf and others are their sole OPINIONS and cannot and should not be used as any form of financial advice. ** FRANK: What we will release to you tonight you will NOT find anywhere on the Internet. That is why people are coming to KTFA. TopShelf will share insight with us tonight as well. He is the only person besides Delta who is allowed to come on and talk with us, and I don’t foresee the need for anyone else to come in. .... Other forums should kindly seek their own Intel and report it as such. Please do not call me and tell me what other forums are saying about me. God bless them, we wish them the best. You’ve seen AggieDad’s daily post and analysis of the news articles. WalkingStick is a 24 hour machine! He’s on at all hours … posting, highlighting, and compiling articles to help us understand what is going on. We salute you sir!!! We also have a number of SkullCrushers and NewsHounds that help … and we appreciate them immensely! As you know we study the IQD together. No one knows the date … or the rate. We are involved in a speculative investment. What disturbs me the most is when people call me and say they have given some (or all) of their dinar to someone (or group) who has somehow promised them some huge return. IMO … if you’ve given your dinars away to someone else, most likely you’ll never see them again. No one can give you a date or a rate! NO ONE! Many people are very desperate right now, and I pray for you. Be patient. There is no date or rate. No end, until “they” tell you that “they” have reached an end. Last Monday … what did we point out to you – that was extremely important? Ghost (who is the leader of iTeam) – is here right now with us tonight. (He should be asleep). Thank you sir for being here! TopShelf … what did we tell everyone last week? SECURITY … SECURITY … SECURITY … is the answer! This is extremely important topic in Iraq right now. The budget is OPEN and they are distributing money … and we’ll tell you how and why. Security … is this just another delay tactic? This RV should have happened back in 2011!!! But it didn’t happen. A campaign promise by O for some “unusual reason” … O decided to pull out the troops … nearly towards the end of the mission. “Are you insane?” So M launched into a tyrant – a clone of Saddam. M … everything we accomplished … our bases … training the army … our weapons … our intel .. security … banks … (what the IMF, BIS, WB wanted … everything had to stop. All of 2013 became a joke … all because we pulled out. O knows darn well what is going on it Iraq! Yes I’m angry, because he [O] stopped the progress of the RV … and history knows it and shows it! In 2014 … we had to restart the SOFA agreement … but O says … “uh … no, we aren’t sending in troops” … but yet what happened … our troops were back in (as eventually reported by the media). Documents, and documents to prove it. In 2014 … we restarted to clean up Iraq and now M is running for his life … and those who M controlled. Once M was out of the way … things progress at light speed. ISIS was cornered … they thought they could go into banks in a particular providence … but there was ZERO … it was a trap for them. What angered everyone … can you see this? Do you see this? (Frank showed copy of news article) -- [uglyness of ISIS – news article trying to recruit American kids]. I showed you the Wall Street Journal a few weeks ago … showing a little girl holding a gun. You need to listen … my friends … they needed to be wiped out … and they almost have been. The media isn’t going to help you. Why do you think we’ve been so quiet lately while they do things? (SECURITY!!!) We need the SECURITY IN THE BANKS in the Providences … they are a part of the monetary reform! So for a period of about 3 weeks … weapons were being used. Do you know what the term “collateral damage” means? It’s when an innocent person is killed in a military action. Technology in this arena has improved this dramatically [thanks to the USA and it’s allies]! In the past week … bombing … from land … from sea. A constant bombardment of lasers. The 2015 budget is full of stars … and so is this war. President Reagan would be proud! Leaflets were put out … instructing the citizens to stay in their homes … and turn-in anyone you know who is helping/protecting ISIS. That is why “security” it has been done so fast. Weapons are so advanced! Look , we can stand in front of the enemy … and not be seen. With lasers we can now bend light. They cannot see us. It becomes a tactical advantage for us. Do you understand the power behind this? Most don’t even realize the power/technology of these machines! The science can blow you out of the water. In 1990 … people watched these laser guided missiles. These laser guided missiles worked wonders … but we don’t need missiles anymore … we just use the lasers. Technology is superior! There is no nation on earth that is greater than the USA. Be proud of that!!! Many from the USA and places that represent the USA … are in IRAQ right now. When O wanted to visit Iraq … Abadi didn’t want to see him. When O wanted to visit Iraq … Maliki didn’t want to see him. O is not welcome in Iraq.Biden and others can visit … but not O. The IMF delegates and the UN delegates are there … but not O. O really messed up Iraq … much anger towards O by Iraqis. Don’t like him, don’t trust him. If Hillarious wanted to come … she could. Think about that. How is possible that all of these important people are there in Iraq … if Iraq is still in a war-torn condition and dealing with “security?” The news media is a week or so behind! Securing Iraq really started back in 2014 when the GOI and the CBI became one. Have you seen the CBI talk to you since Abadi and the governor of the CBI got together? That was a major meeting for the MR (Monetary Reform) of the IQD. Have you seen any word from the CBI since that meeting? It’s been over a week. No word … yet they still meet. They are still meeting. Today … actually late last night … the GOI (finance minister) comes out and says … “hey, we’ve already used 30% of the budget.” A lot of you said … “what?” Of course they’ve used up 30% of the budget … we’re nearly ending the 1st quarter of 2015. You saw payments that were sent to the Kurdistan region. So … the Kurd’s military is the only ones who got paid? That is correct. Can we see the rest of the budget now? No. Why? … because in our opinion … they only have 2-3 trillion dinars left. That’s it. They are really scraping the bottom of the barrel now. Who’s the proud son of Iraq? (The Kurds) Baghdad … {by mom and dad – the 12} … are instructed by “the 12” to take care of the Kurds … so we can continue to fight along with them. So Baghdad took care of them. Liquidity is about used up. So in the next coming days … they are planning on opening up and using the other 70% of the budget – (in the article this morning). When? In the next few days? How will they open the rest of that 70% of the budget? In our opinion ... by raising the value of the IQD … and by removing 1166 … and sending a LOI. [Letter of Intent]. Where was the budget distributed? Kurdistan … 105 billion dinars. They’ve used laws / loans / reserves to help them. Forget the bonds … they will mature later. The next 70% … will we see the results/change? In the next few days they will create liquidity … by creating value to the exchange rate! Are the banks secured? Not 100% … there is still clean-up to do. If I owed you $10,000 … but I said … “I don’t have the money. Can I pay you back in a different way?” What would you say? What if I gave you 30% … and promised to send you the other 70% a little later … and prove it to you that the money is coming? The GOICBI were supposed to launch the private sector on the 18th … what happened? The Kurds were used as a “barometer” --- as they are patient because they have SECURITY in their neighborhood. Yes … the Kurds know that value is being added to the IQD. They also have no choice but to get in line. Everybody … everything that is WAITING for the new IQD exchange rate … continues to wait in line. Abadi and the governor of the CBI got together … by themselves! You do not realize how important that is! Abadi is the pinnacle … the top of the GOI. Ali is the top of the CBI. These two met and talked privately about the “mechanism” --- (the final plans to improve the IQD) Abadi cannot announce the RI/RV of the IQD. He cannot give you a date or rate. That’s not his job. Abadi tries to confirm what is going on … one-on-one! In March … governor of the CBI said something very important. Do I have your attention? In March … on the 3rd of March … the governor of the CBI said “I have the green-light to add value to the currency.” The former governor … Saleh knew they had to have security … the ISX to be ready … and when the time is right … a LETTER OF INTENT would need to be sent to the IMF – “then we will see the liquidity.” The LOI we believe was sent on March 3rd … and matures in 30 days. We are looking at bank credit ratings during this process too. The IMF has to be notified … that the CBI is wanting to change the value of their currency. Who gave you the “green-light?” It wasn’t the IMF … Who gave it? Not the GOI? We all know who don’t we family. “It’s time!” The sequence of events are lining up … right before your eyes … SECURITY … ISX … COUNTERFEITING MEASURES … everything is lining up! Only the CBI knows the DATE and the RATE. The GOI has NO CASH. The GOI meets with the CBI and begs for help and understand as to when they can receive something. SECURITY, LAWS, POLICIES, PROCEDURES at the CBI … all in place … what the CBI wants. The nation of Iraq is going thru a REINSTATEMENT of their currency – you see the evidence … proceeding to lift the 3 zeros to add value to their currency! They had to submit the LOI. The IMF gave them the green-light to start this process. They had 30 days to do it. From March 3 to April 3 … is our speculation. It reflects the change of the SDR! (Frankie = big smile) Banks in Iraq say 400,000 dinars to the retirement benefits … get in line! We believe that this time frame is WELL CALCULATED! Some are not disciplined to be a part of this investment. Do you think the oil companies want to be paid at 1166 or in USD? They know the IQD will be well worth waiting for! The change in SECURITY … It’s time. It’s time. Only 2 Providences (Kurds and Al-Anbar) received 30% … because you don’t want to upset them – they are vital for the other 70% of the budget. They only got the 1st quarter done family. 90% of the 30% was electronic! At the flip of a switch … that 1166 can change into … well, you know. You saw the spreadsheet at the CBI … you know they are working on something! So where is the announcement CBI? Abadi met with the governor of the CBI to push this redenomination … with confidence that they have SECURITY. ** Abadi went to Kirkuk … and lifts their spirits … “Value is coming to your providence … hang in there! Relief is coming!” The USA will also find LIQUIDITY … soon! Many will be paid with dinars … especially the oil companies … soon … because Kurdistan and Al-Anbar are the fuel for the funds that will increase the liquidity! This is a HUGE day … IOO … a huge article (30/70) -- it confirms there is no liquidity and our conference calls! The GOI will still not have enough LIQUIDITY with the remaining 70%. The only solution is to increase the IQD value. TOPSHELF: Very well said Frank! The confidence of what you teach … and the family’s input is fabulous. The important part is … people should be very well educated … not a guess … things that you can pass on to generations to come. Iraq is doing things the right way. The reason why we don’t see things in public … is because it is already done. The spreadsheet shows it all. The numbers are amazing. The timing is amazing. When it comes to information about the BRICS … it’s not everything that the conspiracy sites make it out to be. In time … things will come forward as it plays out. Economic reforms are needed … all being done for the good. Notice how stories are changing. About a year ago … people were not ready for what is going to take place now. It all had to be done in the right direction. The bigger picture is we all have work to do … we’ve got to be there to support each other. I personally want to thank Ghost … thank you for all of your work you’ve done in this … and your family. I also want to thank Delta! Teams … thank you!!! I want to thank you and your family. Things look very good … the events that are unfolding … FABULOUS! We point things out so that people can reconcile it. No matter what the rate is … the value is what’s important. FRANK: I love that we can see the value [work] in the spreadsheet. I love the fact that Abadi and the governor of the CBI are meeting. Abadi can’t do anything about lifting the value. He has explained the reasons that the value needs to be released. TOPSHELF: I want to make sure everyone knows that all I’m watching is the CBI and the ISX. That’s where it will be. Everyone in “dinarland” thinks that the moment this thing hit that they’ll be able to go into a bank. You’ll be here and the family will be here to help insure that everyone will be safe. FRANK: I’d like to discuss that after tomorrow night’s Bible study. I have a lady (widow) that called me … and she’s so scared about “exchanging.” Now we can’t give financial advice … but we can share in our opinion a couple of scenarios and you can give a couple. TOPSHELF: I won’t be talking about any type of “group” deal … but just common sense banking things. I’ll help talk about the banking system. FRANK: A lot of people tragically think that they can take their 10, 20, 30 million dinars into a bank and say … “Here. Exchange this. Open my account.” You can’t do that. Banks in America cannot do that. That’s the first time you’ve heard me say that. Many of you are thinking … “I’m going to a bank … I’m going to exchange … open an account … and do this and do that.” No you’re not! And you don’t know it yet. We’ve been trying to tell you … this is a sequence. There was a wholesaler (BOA) … a retailer (Chase) … and one that is paranoid to talk to you (that is going to do all of the work soon - WF) … and then there is Citibank that is hooking up with banks in Iraq. These are the 4-sides leading up to the day that we exchange. But you don’t know that [yet]. The private bank of Wells Fargo is Abbot-Downing. [*** NOTE: PLEASE, PLEASE, PLEASE!!! DO NOT CALL THEM!!! PLEASE DO NOT SELFISHLY CREATE PROBLEMS!!!***] They are the ones who will be doing most of the work because you can’t do it in the bank itself. You’ll be doing it with lawyer representation. You’ll be doing it with legal representation. And you don’t know this yet. We’re going to talk to you about this tomorrow. There is nothing to be afraid of. You should be calm … be patient. Take your time … learn. We will cover all of this tomorrow! TOPSHELF: I’ll be there tomorrow night to talk FRANK: How’s that for Intel and proper information? How’s that for intel … and being able to interrupt the articles and make sense of them? We offer you NO DATE and NO RATE … just “good cooking!” Delta sends his love … he needs to rest! Thanks for being with us tonight! Remember … there is no date, no rate … but a quest for understanding. Only 30% of the budget has been used. 1st quarter is gone. They got a green-light given on a specific date. Remember … there is a rider in the budget. Ghost witnessed the rider. The only way to solve the liquidity problem is to be Article 8 compliant! We thank our admins and teams! Conference call ended in prayer ALOHA!

Backdoc at KTFA: " Evidence Demands a Verdict" - 3/18/2015 backdoc @ KTFA » March 18th, 2015, 5:59 pm IMO "EVIDENCE DEMANDS A VERDICT" REMEMBER THE SHOW MASH? THE SHOW TAKES US THROUGH THE WAR YEARS OF THE KOREAN CONFLICT WITH A CAST OF CHARACTERS ALL WISHING FOR THEIR REAL LIFE BACK FORGETTING THE FACT THAT THEY WERE LIVING ONE ALL ALONG! AS THE SHOW GOES EPISODE BY EPISODE WE SEE EVERYTHING FROM HUMOR AND JOY TO TRAGEDY AND SADNESS! WE WATCHED THE SHOW FAITHFULLY UNTIL WE EXPERIENCED ALL THE DRAMA THE SHOW COULD DISH OUT UNTIL ONE DAY THE SHOW ENDED AS THE WAR CONCLUDED. .... THINGS DIDN’T END THE WAY FOLKS ENVISIONED IT WOULD, BUT THE CONCLUSION CAME NONETHELESS. WE APPEAR TO BE SEEING THE BEGINNING OF THE END OR ARE WE SEEING THE END OF THE BEGINNING? MMMM NOW THAT WE’RE BOTH CONFUSED LET’S STEP BACK AND LOOK AT SOME INTERESTING FACTS THAT SEEM TO BE RELEVANT! FOR STARTERS WE SEE AN ARTICLE STATING WE ARE IN BETWEEN THE DELETING OF THE ZEROS AND THE RELEASE OF THE NEW EDITIONS OF CURRENCY! MMMM LIKE I SAID, "ZEROS TO HEROS”! NEXT, WE SEE THAT SWIFT CODES HAVE BEEN ACTIVATED BY EVIDENCE OF THE ISX TAKING DOWN ITS’ MESSAGE THAT A DATA FEED HAS BEEN INTERRUPTED! A LIVE CONNECTION TO THE WORLD APPEARS READY! THE IMF JUST STATED THAT THEIR CONSULTATIVE WORK WITH IRAQ IS NOW CONCLUDED! MMMM I LIKE THAT FINALITY! DON'T YOU THINK IF SOMETHING WAS WRONG THEY WOULD HAVE UNFINISHED WORK, AND WOULDN’T THEY MENTION THAT? RIGHT! ALL IS WELL! THE IMF JUST GAVE THEM A SLAP ON THE BACK AND SAID NOW GETTR DONE BOYS! THEN, LETS TALK NUMBERS. WITH SIGNIFICANT KNOWLEDGE OF DETAILED SPREADSHEETS, TOP SHELF IS TOPS, NOT TO MENTION DELTA AND FRANKS' INPUT! WITH CONTINUED WORK ON LAWS, PROGRESS CONTINUES TO EXPLODE! THEY STATE THAT THEY PLAN TO IMPLEMENT THE FINAL PARAGRAPHS OF THE HCL LAW BY THE 28TH! MMMM PAYMENTS TO OIL COMPANIES ARE PLANNED TO BE PAID BY APRIL 1ST AS WELL! WE ALSO HEAR OF THEIR CONCERN FOR FINALIZING SECURITY BEFORE LAUNCHING THEIR MARKET ECONOMY BY THE END OF MARCH, WHICH THEY HAVE STATED! WITH MOSUL TO SECURE, AND NEWS BEING 3 DAYS BEHIND, EVERY DAY THAT GOES BY MY EXCITEMENT GROWS FOR A SUCCESSFUL OUTCOME THERE! IF WE ALL LET GO OF THE DATE ISSUE, ITS OBVIOUS TO SEE A GROWING EXCITEMENT BY THE IRAQIS THEMSELVES! WITH A GREEN LIGHT GIVEN FROM THE CBI AND A 3 DAY HOLIDAY COMING THIS WEEKEND, POSSIBILITIES ARE RISING! THE TRIGGER MAN MUST BE BESIDE HIMSELF AT THE MOMENT! HEE HEE SOMEBODY SLAP HIM WILL YOU! LOL THERE, HE’S FINE NOW! READY TO DO HIS JOB! WITH ALL THAT IS COMING AT US, HOW CAN WE NOT BEGIN TO SEE THE EVIDENCE MOUNTING REGARDLESS OF WHEN THEY TELL NUMBER ONE TO ENGAGE? THE NUMBER 1 CURRENCY THAT IS! 8@8, DOC IMO

Monday News Summaries and Commentaries by Aggiedad77 - 3/16/2015 aggiedad77 at KTFA » March 16th, 2015, 11:22 am Monday News Summaries and Commentaries Well good Monday morning to everyone, meetings with the IMF have concluded, Abadi may be going to Washington next month, or is it next year.....Peshmerga is helping families in the Tikrit, no truce established with or for DAASH....we wait patiently....patiently we wait.....for the BEST is yet to come. Abadi to visit Washington next month So PM Abadi may be stopping by the White House next month....to what end....I am sure it will be for him to tell o how he can do a better job in helping Iraq with training, with arms, with money to support their fight against terrorism....because if you don't these thugs have vowed to visit you next. .... Anton: You can not skip the financial crisis quickly Iraqi advisors and economists are working side by side with the GOI/COM to bring an end to the financial crisis they are in today....they expect to see mechanisms put into play on the 18th that will bring more support to the private sector and provide that sector with more opportunities in which to help in the crisis situation. Parliamentary Finance: the continued rise in the dollar's exchange rate against the dinar worries The Finance Committee continues to want to point fingers at the CBI....although they do admit, or at least allude to the idea that because of the changes that the CBI has put into play recently....it will take some time to get used to those changes and for things to settle down....but in the end....they jab their big fat blaming finger right in the face of the CBI and let them know that in their infinite wisdom as a bunch of politicians it is the CBI's responsibilities to get things right.....leave nothing to blame on the politicians for putting their noses under the tent where they didn't belong in the first place. Oil announces the rehabilitation of a lot of oil installations in the liberated areas PM Abadi has ordered all ministries to be prepared with forces to reenter newly liberated areas such as those in the Salahuddin province and start rehab work immediately.....the Oil Ministry has specialized groups who are moving into newly recaptured oil facilities and installations looking for sabotage work by the terrorists and performing inspections to determine what if anything needs to be done with equipment to put wells back into service. Zebari: We will not stay in Baghdad If you got to believe that the government will not give Kurdistan dues Ok, Finance Minister Zebari, a Kurd, has been quoted again as saying that the Kurds will not stay in Baghdad.....the Kurds that are involved in the Federal government that is.....if there is not some firm agreement made with the Kurdish delegation towards payments for the 17% of the budget.....Zebari did this act under Maliki too when he was Foreign Minister if you will remember and basically lost his position at that point, but later regained it.....not sure where this kind of "pressure tantrum" will leave things with PM Abadi....I am sure he is expecting a more professional attitude out of his COM ministers. Abadi and infallible underline the importance of reaching the mechanisms of implementation of the oil agreement between Baghdad and Erbil Meanwhile we have PM Abadi, a Shiite, and President Masum, a Kurd, both stating that it is of greatest importance to put into play the mechanisms of agreement with concern to the oil situation between the Kurds and Baghdad.....they also discussed the plight of the displaced citizens, especially those who have taken up residence in the Kurdistan.....they require attention.....they also talked about security issues and recent victories against DAASH. Newspapers: invite foreigners to invest in Iraq .. and "cash" calling for the rationalization of expenditures The Oil Ministry is using the newspapers to reach out to investors as they look for new investors and new ways in which to draw lucrative investors and their money to Iraq....meanwhile there apparently have been mixed signals being published as to what the Oil Ministry may or may not be doing with regard to existing oil contracts...are they being converted to more of a partnership with Iraq or not....mixed signals coming in this area now it would seem. Parliamentary Finance: Central Bank sent an appeal to the Federal Court on the articles in the draft budget The CBI has introduced an appeal before the Federal Supreme Court this month regarding Articles 46 and 50 of the 2015 budget....however the Finance Committee is strutting around acting like their work cannot be touched by anyone....not even the Federal Supreme Court....I'm predicting some feathers to be clipped shortly....such a cocky attitude is not conducive to working in a unified way with anyone.....who died and made them top dog? Abdul-Mahdi: The Role of the International Monetary Fund monitoring the economy and provide tips and solutions and applied Iraq Fund recommendations Oil Minister Mahdi says that the IMF has made many recommendations to Iraq and they are mostly valid and in fact many if not all are already being addressed within the infrastructure of the government today.....for once it would appear that Iraq is working in tune with the IMF....a refreshing sign of good deeds by this government. Oil minister: KRG economy can be self-sufficient in months So the Kurdish Oil Minister in Erbil is saying that the economy can be self-sufficient in a matter of months....I have to laugh at that, they can't put beans on the table of their own employees.....they struggle to get loans from anyone in the world.....IMO...they are far from ready to wade into the ocean of world finance on their own....months away....I am doubtful....the Oil Minister says he can get their oil production to 750,000 barrels by the end of 2015....he better first focus on 550,000 barrels for now that he hasn't been able to find.....hiding production is not a worthy way of doing business with anyone....today or any day. Kurdish MP: Kurdistan is Yet to Receive Money From Turkey The Kurds seem to be unlucky at world finance.....supposedly having made a loan with Turkey.....but they have thus far failed to bring home the bacon....or in this case the bird....no money honey....sure some people boast of deals made...but the bottom line....if the account hasn't grown by $500 million dollars....the money just isn't there. Kurdish delegation in Baghdad on Tuesday A Kurdish delegation returns to Baghdad on Tuesday to discuss outstanding issues with the oil and gas agreement between themselves and Baghdad....no mention of who is leading the group this time.....they do mention that they bring "high-level" entities with them.....but will any kind of resolution be found between the two.....its been thought to have happened in the past....but until the ink dries on the paper.....until someone smears it with their palm....no deal....no dice....we wait and see. Parliamentary Security: The governor of Nineveh gave evidence against al-Maliki, the fall of Mosul It would appear that the committee investigating the potential issues behind the fall of Mosul last June have run across some damning information against Maliki that was provided by the governor of Nineveh that will definitely require Maliki being questioned by the committee.....this is good news and sounds like it continues to shrink the noose around Maliki's neck. Committee of Mosul vote on calling Maliki" The work of the investigating committee around the fall of Mosul has had its work extended by two months and should give them time to bring Maliki in for questioning....nothing that it has found thus far has given the committee reason to overlook Maliki in the line of questioning....but I believe he will do everything within his limited powers today to weasel his way out of being questioned....even to the point of running, although his ability to leave the country is supposedly restricted at this point in time...we shall see what transpires here in the coming weeks. Commends the work in the private sector and its role in achieving the objectives of the National Employment Policy The Ministry of Labor and Social Affairs it to be commended in how it is pulling in the private sector with regard to the National Employment Policy....the ministry is working in conjunction with the Ministry of Planning and others to help with regard to employment potentials for Iraqis in all sectors and it is a positive thing to see the private sector responding as it has in meeting established objectives. Government surprise parliament draft a new law to Federal Court New strides are being made with regard to the Federal Court Law that is now stipulating that decisions within the court be done on a consensus basis rather than a majority....there is also talk of adding to the court that would now include four Shariah scholars who would have veto authority on laws that are contrary to existing laws. Moussawi: determined to pass laws that serve the people of parliament Coming from a member of the Virtue bloc....Parliament is striving to pass laws that benefit state institutions as well as the Iraqi people....claiming that all political blocs are in agreement to head in this direction....then get 'er done boys and girls....you know and should understand the needed priorities by now. Jubouri announce sharing the presidency of two between the national and Kurdish coalitions and threatens "not to deal" with those who do not abide by Baltuaqat This announcement from Speaker Jubouri is an explanation of his decision from last week that got him into a verbal altercation with a group of Parliament members....he is explaining his reasoning in making the decision that was made regarding the Presidency of the Committee on Services and Reconstruction.... He says that each committee is chaired for two years by a President then that position is rotated....this committee had been served by a Kurd as President for the past 2 years and now as he believes should be the case that role is shifted to another bloc....in this case the National Alliance....he points to other committees run by a member of the National Alliance and says when their time is up a Kurd will be appointed as new President to keep in form with expectations for the various committees. Oil Ministry affirm its commitment to pay dues of international oil companies The Oil Ministry says it remains committed to paying the debts owed to oil companies working to produce Iraqi oil....they have within their part of the 2015 budget, something to the tune of $9 billion dollars to make payments with...but this does not even cover half of what is owed from previous years that went unpaid....they owe a total of $21 billion dollars and will subsidize the rest by having the CBI sell on the secondary market government Treasury bonds worth about $12 billion dollars....when...when...when....will this happen.....supposedly this month some time....we shall see. After the closure of more than 25 years .. Kuwait opens its consulate in Basra Interesting timing for KW to be coming back to Basra with a consulate office....further evidence of reconciliatory efforts between the two governments....a good thing....to happen soon. Interior Minister: No truce with "Daash" The Interior Minister has denied any truce being established with DAASH stating that Iraqi combined forces will continue to search out last known holdouts of DAASH garrisons and will not grant any kind of truce to these terrorists....as it should be. Peshmerga start a new process to restore villages in Kirkuk Peshmerga and popular crowd forces continue to pound DAASH sites with bombs today in efforts to clear village after village in the Kirkuk province....their efforts continue to be positive and their advances are consistently eliminating areas that previously had been under DAASH control. Deputy for the rule of law calls infallible president to resign A deputy with the Rule of Law bloc is calling for President Masum to resign.....all because he will not sign death warrants for those that Maliki put on death row during his campaign of thuggery while PM.....what a thorn in the side of government to have someone still remaining that would be pushing for such action....this deputy ought to be the one who is resigning....get a life. Sami al-Askari, "military positions" were sold millions of dollars in the Maliki government Incredible....not only were military positions sold for millions of dollars during Maliki's rule...but so were ministerial positions....my question is did that money all funnel its way up to Maliki.....who was ultimately responsible for such corruption....it has to rest at the top....oh the noose tightens. Interior Minister: Tikrit Offensive Paused to Allow Civilians to Leave As DAASH groups are squeezed tighter and tighter within Tikrit.....the advancing Iraqi forces have paused just lone enough to give civilians the opportunity to clear the city as bombing runs are being called in on the known DAASH positions....progress is being slowed somewhat, but it saves lives in the long run. Peshmerga Just 15km From Mosul Peshmerga forces sit poised within 15 km of Mosul as they await Iraqi forces to catch up from the south before launching a united force against DAASH strongholds within the city.....in the meantime they defend their positions against attacks launched by DAASH groups with success. Jubouri calls on the judicial authorities to launch a campaign to reset the outstanding issues and resolve the detainees files Parliament Speaker Jubouri is calling on judicial authorities to act on behalf of humanitarian efforts that would clear up any outstanding issues that might surround detainees who are being held without just cause....we are still talking 10's of thousands of individuals we remain incarcerated without trial or charges against them....all from the efforts of the former government and its leadership....he is saying it is time to move beyond this kind of dictatorship. International poll confirms enjoy Abadi popular and a wide ratio of strong support among citizens International polls are indicating that PM Abadi has considerable popularity not only amongst Shiites but Sunnis as well....the polls also indicate that Abadi has a high level of acceptance amongst all Iraqis regardless of province or prior allegiance. Secretary General of the Council of Ministers meeting chaired by stabilizing and rebuilding the liberated areas Secretary General for COM sees two fronts as necessary to stabilize areas that have been recently liberated from DAASH terrorists...first humanitarian efforts that include water, sanitation facilities, food, shelter, hospitals, and education....secondary to these efforts is the need to provide security for the areas as well as to commence reconstructive efforts in getting villages, farms, and industry back on its feet again...he calls upon international coalition efforts to help Iraq through these efforts....calling upon help from all over the world. IMF recommends activating the government taxes and expect Iraqis grew by 2% during 2015 What comes from the recent IMF meetings with Iraq....a growth for 2015 in the neighborhood of 2%.....a turn-around from what happened in 2014.....just turmoil.....and also an expectation to commence government taxation through the beginning efforts of collecting taxes that will support state revenues through business taxation as well as taxation from a customs standpoint...success will be dependent on putting together a working plan that will see the implementation of these process going forward for Iraq....these are areas they already have put time and effort into....they expect to see Iraq improve their efforts as money management stewards and to keep a handle on unnecessary expenses. Chairman of the Parliamentary Integrity: 400 major corruption case files under investigation The Integrity Commission has published that they are working on 400 major corruption cases....in addition to this they are working on money laundering cases associated with banks that were participating in CBI auctions.....and are following up to $100 billion dollars in project money through opened bank credit accounts....they are busy bees and those from the former government have better found a very large rock to crawl under....though I doubt you will be able to stay hidden for long. Mnzboa traffic and civil defense in Mosul receive paychecks from Baghdad Signs of things changing in Mosul as some employees of the province are receiving back payment of salaries....I am sure this is being done very carefully so as to not allow the money to fall into the wrong hands.....it has to be a positive morale builder as well. Kuwaiti Ambassador: participation of our companies in the reconstruction of Iraq determined by the opportunities and nature Kuwait is basically telling Iraq we can't help you from a military standpoint in fighting DAASH but there are certain things we can do from a business standpoint if we can be assured of a good return on our investment and that projects will be completed....in other words don't mess with us with all your corruption that we've seen in the past....show us the real deal that your new government is talking about and we will be there to help with reconstructive efforts....we want to be a good neighbor. Well I'm going to grab a stopping point here and share with you all that I have constructed this morning....enjoy this and ready yourself for a FANTASTIC CC tonight....remember.....the BEST is yet to come. Aloha Randy

Sunday Night Update From Frank26: "Shock and Awe!" - 3/15/2015 KTFA: Frank26: Heavenly Father..........I ask that you Shock me......Awe me. Greetings KTFA Family, Football is a game of organized violence. A normal person would not play this game because one can get hurt. Excitement can have the same characteristics. All people should handle it with a form of dignity. Your Teams are excited about many things that have become or are inches away from becoming Article 8 compliant. .... Dear God.......the Kurds have been so patient with only a partial payment.......private sector at the end of this month......Visa and Master Card now..........banks have swift codes that are only used with bank platforms, communications and international transactions...... Warka is ready for any CITI or any Bank.......imports and exports with their CPU codes for taxation.......ports unloading......ISX green........and many many more things that we want to share tomorrow night with you on your Monday CC. Today the CBI removed its programmed rate of 1166 from their.......”BOOKS”. We will dissect this with precise clarity tomorrow but allow me to prove to you that this 1166 is off their books. You see many of you are running to the CBI and still seeing 1166 on some pages but you have to go to the page on their website that only deals with their inflation or M1 M2 and M3 figures because this is the totality of their money and expenditures. They are working on this website Family as I type this. In fact DELTA gave you an article early this morning where the governor of the CBI said we are lifting the 000's to add value to our currency. Some may have thought ….....same ole same ole. But that was a mistake because it was a reiteration from the man in charge of the CBI and that alone is an important fact. So prove to me Frank26......where is this page on the CBI? Please enjoy: First of all you are looking for key financial indicators. So I need for you to go to the CBI website under resources click statistics. Then go to the key financial indicator and click on it. A spreadsheet will come up. We follow this page and ask you to look at the left side where the first column is at. This top portion of the column is where the program rate of 1166 always used to be. It was always there...... It is gone now. It is blank. Our time frame study of 31415 + 3 days that we added last week has some legs to stand on right now. Yesterday it was at 1166.......it's always at 1166 except on the 18th of every month when they update this page. DELTA's CBI Team decided to look today because the 18th was the day after our time frame study. Needless to say we were shocked.........we are awed. We have a lot of information about the bank's swift codes (BIC).......we found out that they are activated and fully functioning.......not just functional. Why would they take this program rate off after so many years under the UNSC sanctions? Chapter 7 was lifted but no 1166 gone. HCL was in the 2015 budget …......well then the 1166 better be gone. Oh.......it is. This CBI file that we call 3141715 has been overloaded to the point that it's bursting at the seams and we are going to share every last letter and number that's in it with you tomorrow night on your Monday Night CC Family. I am confusing to those that don't know me for example.......”ISX green”.......I posted this yesterday to my Teams along with other topics. Said you could discuss it via postings. Many thought it was a green light for the ISX. Then today you see an article from the ISX that says they are now in the green.........profitable. LOL......not at 1166. So with this example given let me give you another Team communication that I will fully explain tomorrow night allowing you to play with it via postings now. THE PAGE IS NOT THE PAGE BUT U CAN TOUCH IT. I love you.......for sentimental reasons.......and so does Elvis. But you are going to love our CC tomorrow night. Why? Because I am going to leave you with one sentence that goes like this: " With the swift codes now activated in Iraqi banks it means that they are international and functioning that way as you read this. This sentence means that Iraq internationally is now Article 8 compliant. Now I ask you one question as I say goodbye to you …......how do you feel about this? IMO.......you my Teams and I are simply in ….......shock and awe. My Christian love to all of you.......see you in 23 hours. KTFA, Frank.........Aloha

KTFA Monday Night CC Notes with Q&A / Frank & Delta - 2/24/201 KTFA: FrostyTheSnowman » February 24th, 2015, 1:00 am Here's some notes from tonight's cc. Enjoy! (Please remember ... the following comments are the OPINIONS of Frank & Delta and NOT to be used in any form of financial advice). KTFA CC NOTES – February 23, 2015 We have some serious talking to do tonight! Opening Prayer: Frank Shofar Ascension Prayer: Andy FRANK: If we have an RI … next Monday we won’t change a thing. We’ll still be here to help. I want the world to come to KTFA. Next Monday KTFAlways.com will transform … it will come alive … introduction will change … and you will begin to understand what we are going to do here at KTFAlways. We are going to the four-corners of the world. Our 1st hour [on Monday night] will be completely different [no business opportunity pitches]. A section on the website will allow people present their businesses to each other. The 2nd hour will talk about the Iraqi Dinar. On Saturday and Sunday, my broker shut-down from selling Iraqi Dinar. Dinar through Frank’s broker becoming more scarce. If you place an order through Frank’s broker – it may not be able to be filled. Getting harder to get the dinar. Frank is the only seller on the Internet who explained WHY the price of the dinar was increasing. We will continue to operate and sell with integrity so that we can fulfill each order. Why has the dinar gone up in value twice? Why is it getting harder to get? [scarcity] Frank mentioned ... 'tonight’s notes in front of me are 38 pages long." Last week we talked about the fact that the budget is now printed … and you should see it Sunday, the 15th – we were wrong – it was Monday instead. We missed it by a week. The budget is full of stars. It glistens like the Milky Way! Most [all of you -- mostly] are looking for the date … “when will we see the new rate?” No one knows the date or the rate. When will we see the new rate? I don’t know, and you don’t know. You need to let go of that. Most alphabet agencies are still in Iraq. The World Bank did a lot of work last week. The BIS did a lot of work this week. The CIA was in Iraq (as reported in the press) and other related agencies that protect and help out. Frank showed newspaper cartoon … characters holding a book titled … “Boots on the Ground for Dummies” … Turkey, Jordan, Iran, Egypt, Iraq officials looking at the book with the caption reading … “This is hard. I miss when the USA would just do everything.” Due to the actions of ISIS … a massive assault occurred (still going on) in Iraq. Coalition force (Middle East forces) working together for the first time. SA is doing some amazing things with oil. Don’t you agree? Iran is running to the peace-table. They want to be a part of things. So does Egypt … and France. France is helping … (with our warships) coming at the very last minute with their war-birds working with ours … and the Kurds. Those in the military can appreciate what I’m talking about. Everyone knows what is about to happen with Iraq. There is a UNITY in the middle east … working together. Amazing. THREE FACTORS will affect our investment. #1 – The American Dollar going up in value #2 – The American Economy going up #3 – Oil prices will go down All 3 occurred and helped to accomplish the mission … didn’t they? Why did we share with you that oil would go down … then back up? Because laws in the budget (over a thousand of them) needed to be in place to ACTIVATE the budget. The HCL is my favorite. The budget approved, passed, signed … and in the hands of the Gazette. Forget about the dates things should appear in the Gazette. There was a huge sand-storm in Iraq last night. Huge storm. It delayed some military actions. Made it very difficult to communicate with teams. iTeam was called away from SA. Quickly. Quickly. Headed back to Baghdad. Guarding Shabbi. Shabbi’s team won’t talk to anyone. M trying to cause trouble by invoking his [limited] powers. Abadi had a private meeting with Maliki. Abadi told M to shut-the-front-door! The VP position … kiss it goodbye. Enough! We’re moving forward! M says … “ok … sorry.” The judiciary part of the Iraqi government is working on laws to basically punish M. Many things overlap in Iraq. Despite what you see/hear … we [uSA] are in control, but the environment in the middle-east is different. It’s like an island … hot, smells like oil and is miserable. In this desert environment, there isn’t a whole lot to do. The pace in the middle-east is different … slow … laid-back … [frustrating]. When the world powers say … “get it done” … they are … but at their [slower] pace. It’s like a waltz. They take their time. These hot environments are different than what you are used too. Imagine 24/7 without air-conditioning. That is Iraq. The pace is slower … it’s been that way for thousands of years. O wanted to go over to Iraq to see Abadi. He was told no. Instead, Abadi will come to Washington … and see O. iTeam is back in Baghdad to guard Shabbi. Shabbi doesn’t want to talk … but Abadi does … and he has! I said when the budget opened … it would show 1166. The budget is published … and will be shown to the world at their [iraq’s] pace. It needs 119 Trillion Dinar worth of funding. But Iraq has a deficit and can’t reach 119. On top of that … the CBI stopped the auctions. How are they going to get things to work? The auctions were the only logical solution to make things work – but will now stop. The budget is set at $60 a barrel. Iraq cares about Brent Crude … which closed at $58.90. Oil will continue to go back up. It will not stay at $60. In Franks opinion … a surplus will wipe-out the deficit in the budget very quickly. It is very important to pay attention to the price of oil. The laws are in the budget … but the budget is NOT activated. Published but not ACTIVATED. It is approved … but not ACTIVATED. They are working on the math right now … and they don’t want you to see anything right now. Anything past $60 a barrel … is going to be fantastic! (Teams were studying the price of oil). Iraqi TV is screaming with news of what they are doing. The CBI has a shortage of foreign currency! A new “mechanism” will replace the auctions! (wink, wink) --- (the process of deleting the 3 zeros). The citizens know this. No auction Sunday … no auction today! If we don’t see an auction Tuesday/Wednesday/Thursday … that’s “goodier!” – (that’s my word). Friday is a holy-day. Iraq has never had a week like that! The CBI is no longer buying USD … because they are about to implement the “mechanism!” When iTeam was called back from SA … for a specific role … to protect Shabbi … (in doing so you protect the budget) … mathematics orchestrated by Shabbi. We talked to iTeam … they don’t take any nonsense. They shoot first, ask questions second. We asked them … “Do you think the RI is in motion?” … (because they are hiding the budget). Usually they don’t say … but this time they said … “yeah … maybe.” Please pray for them and their safety. The budget is at 1166 … and that’s ok … because that is the only way they could open the budget … they have to activate the laws. What laws are we looking for? iTeam has told us that we have a “back-wall.” You know what that means. That back-wall is a week from today. They opened the budget … for their eyes only … to satisfy those who needed to see it. This is the starting point. But, you are about to see it. When will they open the budget for you to see? I don’t know. We are looking for a law … the one on March 1st … tariff and tax laws … perhaps a rider to be “activated” on March 1st iTeam says … Shabbi will not talk … he is there to complete the budget. Just watch! (wink, wink) … but it’s all contingent on the taxes and tariff laws coming out … [approximately] … 1st of March. Shabbi will have the budget retro back to January 1st once ACTIVATED. POST #296 … yesterday’s forum … by WalkingStick … NEWS is HUGE!!!!!!!!!!!!!!!! Please read and understand it! This is pretty exciting stuff!!! (See Article Below) DELTA: We are right there! Remember we were looking for this a long time ago. Very exciting times! NO MORE AUCTIONS ANYMORE!!! (Frank just fainted) -- It’s obvious what the CBI is doing right now. For the last 10 years they were selling USD … and used to get 2 pennies per USD that they sold … selling 200 to 300 Million a day! It produced a lot of income for the CBI. Why cut the auction off? You wouldn’t cut them off … unless you had something else to take its’ place! From 22nd of February (last Sunday) … the CBI said they will stop auctions. They did it, and haven’t had an auction since. Rates on the CBI.iq site still being updated. REPEAT: Confirmed. 100% … NO MORE CURRENCY AUCTION BY THE Central Bank of Iraq! The CBI is the only source authorized source to buy/sell USD in Iraq. News articles contradict themselves about the actions of the CBI. Miss-translation of the articles …be careful of Google translators … not always accurate. The country of Iraq has obligations to conduct business. The CBI must have money to conduct business. How will they meet their obligations without doing auctions? No liquidity. How will they fund activities? In the last 24 hours an article came out … all top figures in the GOI had an emergency meeting regarding the budget. How will the CBI make money? The CBI will have to introduce the lower denoms … with a new exchange rate. Basically reverse the system. The USD’s will go back to the CBI … the CBI will make a killing on the spread … selling the LD’s to the citizens. IMO – all indications say we will have to see a rate by the 1st of March. Iraq doesn’t have 119 trillion dinars. They cannot implement the taxes/tariffs without being international – (which goes into effect March 1st). WTI … cannot implement tariffs without proper coding … international status. 300% taxes expected on the citizens of Iraq from imports. The citizens must have purchasing power or you’ll have big problems with inflation. Next week is going to be the week to watch. The rate is going to have to change in order to fund the budget. Everyone is watching the CBI. FRANK: What about the codes? Will they be out by March the 1st? DELTA: I believe so. There is no agency for the tariff law. Cannot implement tariff & taxes without purchasing power. Article 8 compliance. You need to have a payment system (linked internationally with coding) to work. CBI was making 5 to 6 million a day from the auctions. Why stop unless you were going to do something to take it’s place? TWO BIG THINGS TO LOOK FOR: #1. STOP AUCTIONS #2. LIQUIDITY FRANK: What about private jets? Can you talk about that? DELTA: Yes. Couple of weeks ago … private jets flying from Baghdad to providences … delivered currency … we believe the lower denoms. Each bank must have LIQUIDITY … and they did not send the 3 zero notes because you have to remember with 32 to 33 million people living in Iraq … it would be impossible to send 5 or 6 trillion dinars. We believe that many of those banks have the lower denoms and are being guarded until they are ready to be released. FRANK: You know, the caravan that we tracked back in 2007 … from trucks and Humvee’s … filled with lower denoms … and we felt they had be delivered … were taking up a lot of room in the banks vaults -- [and so removed and shipped somewhere else for safekeeping]. Someone outside of Iraq was probably protecting/holding them for the right timing … outside of Baghdad so that they wouldn’t be stolen. This is the last piece. These coins and lower denoms are key. Abadi telling us twice (basically) what they are doing. (“New mechanism … replace old mechanism.”) They almost need a 3.5 to 4.0 increase. It’s amazing! Stopping the auctions. The CBI holding no auctions is the equivalent of trying to live … and not breathe for a week. The CBI is about ready to take a deep breath soon! iTeam said we have a “back-wall” … between now and next Monday … but it is contingent on the tariff law. DELTA: I agree with the back-wall. They know that they have to fund the budget. Something really has to happen. They have no liquidity. The Kurds need to be paid. Remember they said they were going to send 1.4 trillion to the Kurds? … Then they said 250 Billion dinars. “Trillions to Billions?” Humm. IMO -- something has to happen within the next 3 days. If March 1st, 2nd or 3rd comes by and nothing happens … then I’ll throw my hands in the air and say I don’t know what’s going on anymore. They have to fund the budget! The tariff law … they can’t postpone that! The demand for the dinar inside Iraq will go up … naturally. The CBI knows what they are doing. FRANK: iTeam reported today … “the budget is opened … but not opened to our eyes … they cannot ACTIVATE the budget unless it is opened … and the same thing with the laws. The laws cannot be activated until the budget is opened. The math must work first! Do you want to take a few questions? DELTA: Why not. Since this may be the last cc before we all go to Hawaii ! QUESTIONS: Area Code 601 – “Do we need to be 2% compliant?” FRANK: Yes … that is an Article 8 compliance issue. DELTA: Requirement of the IMF … must be within 2% … but Iraq is under a program rate. Even if there was a gap of 12 to 14%, the IMF will still do it because these conditions don’t apply to Iraq. The IMF can grant exceptions for Iraq to move forward. Area Code 248 – “Speaking of the tariffs … revenue side of the budget … we hope for March 1st … but because this is Iraq … what will be the consequence for Iraq if they are not ready? Will this go on longer? FRANK: They are ready. They have removed M … put in Abadi. We (American’s) are impatient. The middle-east runs at a different pace. IMO – they are moving forward. The consequences if they don’t move forward … IMO … 3/14/15 is extremely important to our teams. We must be realistic. Could it go into April, May? I don’t think so. I see a great thirst for money. The liquidity. Read WalkingStick’s post. They are implementing the “solution” – I believe they are going to raise the value of their currency. In black-and-white (news article) they (Iraq) is telling you what they are doing. DELTA: The article is HUGE. Tells you exactly what they are going to do. The World Bank is going to help them out. They will continue to move forward because they have Abadi. He has continued to surprise everybody. They must fund the budget! It costs 8 Billion Dinars just to cover the salaries. Area Code 805 – “Dr. Shabbi always said that the GOI didn’t want this to be a big speculated thing. I think this may be a surprise because this is about to happen. Abadi has surprised us all with how fast this is going. What do you think?” DELTA: Abadi will deliver. Looking forward to before the end of this week. FRANK: Let’s see what happens in the month of March. iTeam told us last night … they are not ready to fund the budget. At any time that can change … and last night … we believe it did!!! The budget has not been available to be seen in its entirety. Iraqi TV … on the TV … ticker tape shows they are getting ready. Area Code 786 – “Confused about the 3 zeros. How does this work?” FRANK: Look at the IQD that you hold. The 3 zeros on the end is what they are talking about. Iraq wants those notes back. The CBI wants those notes back. DELTA: The exchange rate is where the other 3 zeros are at. Any denoms with the 3 zeros notes, the CBI wants those back to eliminate them. FRANK: Please pray for KTFA and what we are going to do. DELTA: Hope to see you all in Hawaii! FRANK: Are you happy? Did you learn something? I certainly hope so. Please don’t look for a date or a rate. The date and the rate will come at the same time … in the still of the night … most likely on a Tuesday or a Thursday. Please give honor and praise to your Heavenly Father for being included in this. Closing Prayer: Frank Shofar: Andy ********** by walkingstick » February 23rd, 2015, 6:31 pm • :02/23/2015 (0:52) - Experts: Central Bank faces the problem of the shortage of foreign currency and claiming to reassure customers BAGHDAD / Ghazanfar Laibi - Amer supporter Experts in economic affairs said that Iraqi banks began to suffer a shortage of liquidity in foreign currency (dollar), while the expected rise in the dollar's exchange rate against the devaluation of the dinar as a result of stopping the auction currency, grumbling banking customers of non-receipt of money deposited by the dollar, stressing that handed over the money Dinars expose them to significant losses. The expert in economic affairs Ahmed Fahmy in an interview for the "long" "The decision to stop the currency auction can be exploited in a positive way by the Central Bank and the Iraqi government," noting that "the implementation of the resolution correctly is not easy, because we must limit the dollar and not to take it out of the market and thus strengthen the Iraqi dinar. " Fahmi added by saying that "the central bank's decision can be applied correctly in case of spending pressure and reduce the affidavits and incidentals are not to the dollar significantly." He pointed out that "the Central Bank to develop appropriate plans for the success of the decision," but he also said that "to stop the auction may have significant disadvantages, due to increased demand for the dollar, because the bank had pumped $ 50 million a day in the auction, which may make the dollar rises against the price of the dinar, which leads to the Iraqi currency affected significantly. " He Fahmi said that "the main objective of this step is to limit the hard currency by the central bank, especially after twice the price of the dinar during the past few days," expected to "decline the central bank for its decision in the case of the Iraqi economy negatively affected due to stop the auction of the currency." In the same vein, said an expert on economic affairs Maytham Laibi "long", that "the banks to take such measures in emergency situations when facing a shortage of liquidity in foreign currencies," noting that "the Iraqi banks started having these problems because of the reduction of central bank sales of the dollar ". He also added that "the lack of distribution of financial dollar amounts have negative effects on customers and lead to an imbalance in the banking system, and weakens the confidence of individuals in the banking system and generates a panic, and lead to significant financial withdrawals, so the reserves become inadequate, especially since these banks operating funds of others do not owns that money, which leads to market instability, in addition to a state of non-confidence in the banks leads to citizens not to deposit their money in banks in the future. " He called Laibi banks dealing in foreign currency to be "assured its customers, it can Tkst amounts customers, and that the money owed by banks and found that the Ptksatha possible for customers." For his part, sees expert Ahmad Atwani told the "term" that "sudden decision carries a lot of risk to the Iraqi citizens and the economy in general," noting that "the central bank issued a decision on the pretext of its limited foreign exchange to finance foreign trade." He Atwani said that "the decision was made to shift from exchange rate policy directed to a free exchange rate policy," stressing that "the new policy adopted by the Central does not fit in with the nature of the stage through which the Iraqi economy, because domestic demand for foreign currency (dollar) growing in the local market. " He pointed out that "demand for the dollar will appear in the parallel market for foreign currency, so the increase in cases of speculation and lead to a large fluctuation in the value of the Iraqi dinar, and the transition from the state of stability in the local currency, and this volatility will impact on the low standard of living of individuals through high commodity prices and services. " The expert continued that "the decision to stop the currency market will create a huge gap between the prices of locally produced goods and imported goods prices, the central bank will not succeed in implementing the decision in a positive way, but if used in a strict policy controls on foreign exchange." In turn, Mohammed al-Hassani said, one dealing with the North Bank "The bank refused to hand over the money in dollars for clients with the bank for the second day in a row on the grounds that the bank no longer receives (the dollar) from the Central Bank of Iraq," noting that "a trader with a bank that has deposited his money dollar would be a great loss teams currency received his money when the Iraqi dinar. " He added by saying that "the ordinary citizen is the biggest aggrieved of this process,"calling on the central bank and the specialized agencies to "reverse the decision to cancel the auction currency because of its negative effects on the Iraqi market and citizens." The Central Bank of Iraq (February 21, 2015) stop working ERA Bank and the adoption of the banking system as being responsible for foreign remittances. The governor of the Central Bank of the relationship, in a press statement "was finalized a new formula and leave the old ways, coupled with certain conditions can not remain governor at the central bank, which has the functions and tasks and activities of a large and important for the national economy," noting that it is not true that remains central busily selling the currency like ATM daily basis. "

Notes from Frank26 & KTFA Tuesday Night CC - 09/03/2014 FRANK26 IQD CONFERENCE CALL TUESDAY, SEPT 2, 2014 Notes by Bulldogford65: IQD update • Please do not call Frank with questions about what other websites are saying • There is an avalanche of investors pouring into Iraq, and the MR is now to be considered as a “revenue stream” and on last night’s call, the VND’s revenue stream was discussed as well • With what the coalition is doing, there is cooperation in the ME because in Frank’s opinion, they know what is about to happen; those who help will be rewarded • Frank read an article title “Iraq PM vows to wipe out ISIS militants”; even though USA is behind it, the ME/Iraq must take credit for it, and articles are giving credit to Iraq for bringing peace and stability • Keep an eye on the CBI; today we learn about a new governor for the CBI – timing is not accidental (Note: a new CBI Governor was named on 3 Sep). .... • If and only if this is the end of the MR, then this makes sense; study history and pay attention to who is being put into positions – at IMF, CBI, PM of Iraq, BRICS nations, etc; all these things are required when an international rate is released • The GOI should be seated this month, and when they are seated, they should open the budget -- the only reason to have a budget is if they have savings or a revenue stream; if the rate is other than 1166, we can see why there will be a new governor of the CBI • Who appoints the governor of the CBI? Nova joined the call at this point • the PM of Iraq does not appoint the gov of the CBI; Frank asked if the BIS or IMF have any say in the matter? Nova replied they certainly have a lot of influence; Frank asked about the US Fed Res – Nova replied that they have no direct influence; the only ones who can nominate a new governor of the CBI is the board of governors of the CBI • Frank asked if the new GOI is going to nominate a new gov of the CBI, and then the parliament will vote on the nomination? Nova replied that if a vote is being taken on the new CBI governor, it means that the new GOI is already seated and functioning, even if they have not yet disclosed it • Frank then asked about adoption of the HCL (yet to be passed); the most amazing law to be passed so far is the law that settlements must be made in IQD • Nova stated that the VND has not had value even though it’s an international currency is because there is no demand for it; what is being done with the IQD (and now the VND) is to make it the currency of settlement, creating a demand and a value; in Nova’s opinion, the rate and the new GOI should be revealed in close proximity to one another; also, in Nova’s opinion, there is already a new CBI governor, but his name has not been announced • Nova said that yesterday, the oil minister of all 3 provinces were told they may proceed with exporting oil, and they cannot be paid in USD – they must settle accounts in IQD; the new GOI (which supposedly is not seated yet) is giving direction to export oil to create a revenue stream; there is no use to have a budget without revenue • Frank believes the new GOI will announce themselves around Sept 10; Frank asked if they would say “we have a budget but will not release the rate;” could they do this? Nova replied no, in his opinion they cannot as the revenue will not be enough to meet the budget, the budget contains all of the past revenue owed from oil sales while under sanction, and the amount of money needed for the budget is enormous; the money being held by the USA was released, however it’s not enough, so they will need to sell bonds to make up the deficit – no way to do this without announcing the rate • In Frank’s opinion, the rate will come out quickly after the GOI is seated, if not, everything crumbles, in his opinion • Nova asked who gives the rate? The CBI, and the CBI gets it from the IMF and central banking system; who controls 70% of the oil coming out of Kurdistan? Tony Hayward and the Rothschilds; who owns the central banking system? The Rothschilds; do we really think they will allow this to fall apart? They have never failed, the only time they were shut down was when Iran took the US Embassy hostages, and they were not this far when that happened • In Frank’s opinion, when the new GOI is announced, things will happen quickly; Frank’s only concern is that if they are not ready, they will not announce the new GOI until they are ready, so be strong if it does not happen by the 10th, but it will happen • Nova agrees that in his opinion, we will not see either a new GOI or a rate until we see both the new GOI and the rate • Frank said Eagle1 is not able to join the call due to his healing prayer call, however he passed his message to Frank that the UN approved the GCR, and Frank asked if there is evidence or proof, and E1 believes there is; Frank will ask E1 to summarize and post • Frank also reminded that Oct 1 is the beginning of the new fiscal year, so that is also an interesting date • Frank paralleled the birth of Christ in the ME region and wealth that the 3 wise me brought to the wealth that is coming to the world from this same region; pray on how we are each to build up the Kingdom of God • Frank ended the call with prayer and Andy lifted the prayer with the shofar horn blast.