**IQD team recorded CC*** 5/31/2012

[easyrider]

https://www.freeconf...MTEz%20%20MjA=1

Highlights of the call:

Basically the Central Bank is moving forward with their plan to bolster the private economy We discussed they want to bring the private banks into the circle where the government controlled the two banks and all the banking transactions – they want to open that up and let the private banks have that – Its part of what they haven’t done in their laws…there are small laws that need to be done They talked about the money laundering and the CBI came out once again saying we’ve got a really good idea of whats going here and theres really not alot of money laundering – what we really need to do is have an official exchange rate and banks that you can officially go to and get that exchange ratre that is happening now – So now the street vendors are squirming and squirelling because they can no longer do business and make tons of money on what they were doing – because you can go to the local banks just like you can here and get the dinar cheaper than what the guys are selling it for on the streets at the exchange rate that the CBI has set So they are excited – that’s helping to stablize their economy and move forward with the plan – and they are moving forward with the things they need to get done inside their economy We discussed how important it is as Shabibi talked about last week to get the private sector moving – you have to grow …you can give alot of value to your currency but if people are not working and they don’t have any place to go and earn more and become productive citizens inside the economy then it just dies – so you have to have that private sector to support your economy….you have to have people who are bakers, etc…all those things that start up that everybody does to do the things that they do to make everything work the way it is supposed to work – People can grow and move out of the lower class to the middle class and they can start building and structuring their economy – when you work for the government you are just going to have one salary – it will raise a little bit – but there is no incentive for you to go out and start a business and do something different thats going to employ people and all that other good stuff

We discussed there is something going on with the No-Confidence Vote of Maliki – Talabani supposed to take something to the Head of the Parliament tomorrow – things don’t usually happen on Fridays…so look for it Saturday or Sunday – looks like they were struggling to collect these signatures – line up and get all of their ducks in a row as we have said before – so they are moving forward And there’s always that last minute chance Maliki will just do everything expected of him and say okay pysche I was just kidding….everybody reset let’s go back to what we were doing…because I really want to stay in power

It’s truly more about getting this economy off the ground than it truly is what value that currency has to these people…Remember that – they are doing things to get themselves to a point where they can have the economy that supports what they have….they have oil….they need to have other things going other than oil – they have gold they have to get out of the ground – they have all of these things that they need to do in order to add value and of course they are still talking add value and give the stature back to it that it had – if they are using dolllars…I don’t care what anyone says….at some point in time they have to make the dinar better than the dollar….period – or people won’t use it…so it has to at least have the purchasing power of more than a dollar at some point in time for this economy to work – and that is why we watch this to see whats that is going to be and where it is going to be – Noone knows exactly whats going on – everybody can speculate.We discussed the Oil and Gas Law – as we have discussed they need to get it passed so they can get these contracts going out

We talked about how many companies running over to Iraq to invest…..they are not heading over there with the idea they are going to be broke or that it is not going to work out for them and they have much more to lose than we do They have billions of dollars in these contracts and they are willing to wait and be patient for however long it takes them to realize what will happen with their investment dollars in the future Everybody needs to think that way….lots going on …and its all Good……

If you missed the discussion speaking about truth….what your beliefs are…..It was just one of those days you just shake your head…..All My Rumors….The Young and the Clueless..etc. WORDS MEAN THINGS…..WORDS AFFECT PEOPLE…..WE TAKE RESPONSIBILITY FOR WHAT WE SAY AND WE CHOOSE OUR WORDS WISELY…PEOPLE NEED TO START TAKING THAT RESPONSIBILITY SERIOUSLY AND REMEMBER THAT…please listen to the info shared after the CBI news discussion… And there you have it… Straight Talkin’ Mike On The Straight Talk Express Bringing You Another Night of Positive News! The I.Q.D. Team, Ltd.’s News Coverage for Thursday, May 31, 2012

CBI / ECONOMY

Central Bank plans to convert the private banks to large financial institutions

Central Bank puts the controls to combat money laundering

Central Bank: Iraq gets more foreign currency than sell

GOVERNMENT

Electrodes confirms collect 168 signatures of no-confidence-Maliki and Barzani, Talabani will hand over the lists to Friday

Damluji: We got the support of more than half the members of Parliament to present a request to withdraw confidence from the Maliki

Source: Barzani signatures will be presented to the House of Representatives Talabani today or tomorrow to withdraw confidence from the Maliki

The oil minister for “news”: the House of Representatives to expedite the adoption of the oil law

Edited June 2, 2012 by easyrider

[strolld2]

Hey, once again a very good post! Seem to be in a positive direction!

[aliciadogz]

Theres only few people I listen to,these guys are it.Thanks Easy for the post.

[shabbadude]

Great post Easy!

It points out the dinar has to be at least on par with the dollar just so the people will use it.

How do the lopsters not understand that simple fact. As long as the dollar exists in the Iraqi economy with it's proven and trusted purchasing power, the dinar will always play second fiddle until it gains the same status.

[srdedeaux]

Great Post Easy, Keep up the good work..............................!GO RV.................! B)

[parmenio]

Once 'electrodes' collects the necessary signatures for Maliki's impeachment Frankenstein should be up and running!

[cashman54]

everyone get ready to be a millionaire

[RRSport]

everyone get ready to be a millionaire

[Laid Back]

0.00086 after deleting the zeros 0.86 + 20% inflation = 1.04

Thanks for the post.

Go Rv.