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Tidbits from Frank26 and KTFA Members Sunday Morning - 10/26/2014
(From Saturday Night) NOVA : I Would Say It This Way, No Matter What Happens Tomorrow, For The First Time The ISX Has The Ability To Be International. Nova
Sager: Just throwing some thoughts here...I simply cannot see them upgrading their platform, only to keep running on the current. Also, I cannot see them running two platforms at once. It just does not make sense to me.
On a technical level, when you perform an upgrade, the new system replaces the old. It not only replaces it, but overwrites it. If Microsoft Windows XP is installed on your laptop, there's no sense in installing windows 7 on a separate instance on your laptop. Instead, windows upgrade software would simply overwrite the existing platform with new code.
Why run two operating systems? You either choose one or the other.
Imo that's exactly what will happen with x-stream. X-stream code/softwarep will overwrite the existing software/code and will run on a new, improved, more advanced platform.
Time will tell... Sager
Frank26: Indeed. From Your lips .......... To God's Ears....... Amen. KTFA, Frank
quattro1 » October 26th, 2014, 1:58 am Excellent point Sager! Certainly makes no sense to go to all of the trouble, expense and inconvenience of shutting a system like the ISX down ... (in effect upgrading to a system capable of "running with the big boys") ... and then not taking off the training wheels. Come on CBI ... time to take your foot off the clutch and show the world what's really under the hood!!!
Fact Checker: Thank you Sager! They might run 2 platforms until the rate is released. On a computer you can have a dual operating system. I have 2 laptops with dual operating systems. Its all in how they install the operating systems on the hard drive. You simply choose which operating system to use at startup. It's very convenient actually. So, until the CBI gives a rate they will probably run under the old system IMO.
Sager: I completely agree that dual systems is possible in this case, but I have a hard time seeing how it would benefit them. If they do, then I don't see them doing it for long.
Frank26: Three days ago: "KTFA FAMILY ........... Do not be sad if You do not see the ISX open on Sunday .......IMO it will NOT open. It would encourage me knowing they are working with the CBI to establish an International platform........"
Remember? So what's next?
Go to Church today and Praise God. Then what?
Cheer for my Lions in London......... lol
Love You ......... KTFA, Frank
Shade :I think we may have to wait for M's CC to get an answer.
Frank26: Yup.But IMO ............ NOVA gave You the matrix of what we want to tell You tomorrow.
MY LADIES are ready for tomorrow's CC ......... DELTA ....... Then I.
contender17 : The international platform points to capability not timing; it points to the certainty of the blessings.
Frank26: BINGO !!!!!!!!!!!!!!!!!!!!!!!!!
What did ITEAM tell MY LADIES last week ......... Do not look for a DATE....... Look for an event that gives You a date. Exact Words. KTFA, Frank
Another mailman wrote on October 26th, 2014, 2:01 am:Hi Frank! Even though the ISX will be International tomorrow, is it possible that they may hold off on resuming trade until the adoption of the 2014 budget next week?
Frank26: As I said last CC ......... It would make me so happy if they did NOT open on the 26th .......... Remember? .......... Wink?
So as of this morning ..............(Happy Snoopy Dance) KTFA, Frank
Shade wrote on October 26th, 2014, 9:03 am: hmmm I guess the ISX was open for trading today.
NOVA » October 26th, 2014, 9:08 am Yes, It Tells Us So Right On Their Site. Nova
My Ladies: WE STAND CORRECTED..ISX DID OPEN AND TRADED...HUMMM BACK TO THE DRAWING BOARD...
torch123 » October 26th, 2014, 10:07 am ISX
They may be running 2 systems....the one I've been going to is still showing a last update of 10-16
it does show the 89.75.......
but I'll take what the ISX site states over any media outlet....JMO
Here's Mtn Goat's latest lengthy perspective for those of you who are interested or curious as to what she/he has to say. As always, eat the meat and spit out the bones. Please don't shoot the messenger. Have a great Tuesday, and be blessed...! RON
Mnt Goat Tuesday Update - "The Spiders Web" Part 1 - 10/7/2014
UU9933 - “The Spiders Web” by Mnt Goat
Today southern Bavaria is experiencing some of the nicest fall weather I have ever experienced in theAlps. The trees are simply bright colors and beautiful and the air is crisp and clean. However this all such short term beauty that will quickly fade into cold and snow. Then another miracle occurs. The season of winter begins and we encounter the joys of this new wonderland.
Now Meine Kinderen are in der schule and I am sitting on a large outcrop rock overlooking the village today. Meine Hubby is here too so we are free today to discuss the pages and pages of notes I have written from hours on the tele with Iraq contacts.
I come to you today to share my recent findings and give you an update on the progress of the new government and how this relates towards the international rollout of the IQD for Iraq.
Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Please refer back to my last news letter of 10/5 (LINK) as this news letter is a continuation of this news.
I am sorry once again. There was just so much news and clarity that needed to be given to you concerning events now happening in Iraq and about the RV in general. Before I knew it I had 8 pages to send you. I am really trying to keep it short. Is this a record….lol....?
I want to thank everyone for your great comments in your emails and letters. This feedback helps me s much to focus on your misunderstandings and so I can then explain further in my next news letter. I hope this news letter is once again informative.
Today is Tuesday 10/7 and the news is all very good however I still see some are clinging onto these make believe fantasies about how the formation of the new government is working. Perhaps it’s because you have been told so many times by the so called “gurus” this information. I do not want to address this disinformation now so much in this news letter as I already passed my thoughts on to you before.
About The Global Currency Reset (GCR)
What is this GCR? After all we are hearing this almost term almost daily in the dinar investment community. First I want to tell you there is not, and I whole heartedly know this for a fact, that there is not going to be 200+ never mind even 10 currencies all revaluing at the same time in the near future. The term GCR is not even recognized by the IMF. There is no GCR planned. Yes – there is a global reset that is ongoing and it has been for four years now. The IMF has already revalued or devalued over 150+ currencies since then. They had to adjust these currencies since many of these countries had bad balance sheets and were on the verge of insolvency.
So this is the history of the term. Someone at around 2010 began using the term GCR in the dinar investment community. One these so called gurus. They did it to attract attention to their info calls. They may have meant well but they once again totally misinterpreted the data in this matter from the IMF. So typical of these irresponsible people. Thus the term was spread as rumor at first and now it has been used so many times people now just accept it as fact. It is all a big fat lie. Sorry to disappoint you ! Did you hear me…..a BIG FAT LIE.
I am not saying that many currencies will not simultaneously revalue when the IQD does. But it is fact that 200+ currencies will not revalue together. If this was true then why do we only keep getting about a hand full of the same currencies listed by these guru’s? You know the ones I mean. It’s the same list that keeps popping up over and over again – the IQD, VND, ZWD, INR, WON, etc. When you ask them about the other 195+ currencies they never can give you a straight answer or any rates for that matter. Funny how though they can give you consistently the rates for these other five currencies. Why don’t they simply look on their back room bank screens and check the others out for us too? The answer is they can’t because there are no other 195+ currencies revaluing and when you press the point they simply can’t produce the evidence. I got to tell you there is absolutely no factual basis for this rumor for 200+ currencies to revalue. Enough said on this topic. It is growing very old.
About the “Cabal”
You have heard it many times statements like “the Cabal must fall prior to any RV or GCR”. What?
Cabal defined- A conspiratorial group of plotters or intriguers: "Espionage is quite precisely it a cabal of powerful men, working secretly"
So let me tell you something now that is very important. If it were not for the “Cabal”, as many of you refer to with vengeance I your voice and minds, there would have not been victory in WWII since who do you think forked up the money for the war effort?
Also who do you think is now financing the global debt? Why has your standard of living risen so much in the last 20 years. Who lends you the money for these personal “luxuries”? More people in the USA now own private homes, drive multiple cars and go one annual vacations then ever before in the history of the USA. Why do you think they allow so much consumer credit debt? Of course it good business but where does the money come from? Are they not allowed to make money too? Do you think they are going to just give you their money?
So you have to be careful about the “Cabal” since it is the hand that feeds you. Do away with them and replace them with what? Do you want a communist system of total control over all aspects of you lives and absolutely no say in the government. Do you want to live in high rise government housing using mass transportation as your only means of transportation. Will this then make you happier when the “Cabal” is gone? Do you want no freedom of choice?
Always remember there are forces behind the scenes ever so secretly and almost unnoticeable putting the seeds of dissention into society. Yes they want to replace the current PTB or Cabal but with what and why? Are there motives other than looking out for you? Just remember what happened with the Bolshevik revolution in Russia. Go read about it. It is a very good lesson on politics. It all started off with very good intentions. We witnessed the lasting results over the dark communist years and now the aftermath with ex KGB leaders like Putin. Maybe this is a good example of what could happen to the entire free world if we are not careful in whom we listen to. Just some food for thought.
Update on the Remaining Minister Positions
As you know there are still two of the critical positions in Abadi’s cabinet to be permanently seated. They are minister of Defense and Interior. Currently they are being held as proxy positions by the candidates originally send to Parliament many weeks ago for confirmation. They were rejected then. I am now hearing the front runner candidates are - for the Interior is Hadi al Amri and defense Khaldi Al-Obeidi.
Earlier this week we heard more latitude was given to Abadi to select the minister of Defense. Personally I believe he is going to pick Khaldi Al-Obeidi and he has been his choice all along. Obeidi is also now serving as the proxy minister and was the original submitted candidate that was rejected. This will probably, more than likely, be the next confirmed Defense minister if Abadi can convince the opposition he is right for the position.
For the Interior minister, I am hearing the National Alliance is now causing the delay and has now finally submitted 5 candidates as they were previously in objection to the candidate originally submitted but would not forward any alternatives either. One of which is Hadi al Amri. I believe strongly this will be the final candidate submitted to the house for confirmation.
Now I want to tell you how I came up with my opinion of these two ministry candidates. I had been told almost 3 weeks ago that Iraq's vice-president Tareq al-Hashemi (you know the one sentenced to death) was involved in a high level meeting in USA at this time early in the election process. He submitted the two names as appropriate candidates to the USA government. Iraq has been trying to back into these candidates along the proces. This is how I know these will eventually be the ministers. They just have to convince the parties they are the right ones. It is all about to be settled.
So what are the other delays in getting these ministers in place then?
The delay, as I am told, is that they also need to clean up much of the corruption that has been involved in these ministries. Then they need to put laws in place for future prevention of this long standing corruption that has been going on. It is sometimes not easy for us to understand just the amount of corruption involved. Maliki used the ministries as his main source of power grip and thus the ties with generals and upper military leadership must be severed and the proper legal chain of command once again restored. Also mechanisms used in the ministries of interior and defense for the past eight years has caused the loss of Iraq in the hundreds of billions of dollars through a complex network of thieves and fraudulent activities. Most of it is legal but obviously not ethical since there were no hard laws in place to prevent it. They can force many of these unethical politicians and leaders to resign but they can’t fully prosecute them.
For instance one deal was for the importation of explosives detectors. These detectors turned out to be phony and did not work costing billions and also many Iraq lives. The cost of them was only half of the allocated money. So where is the rest of the money?
Next Abadi’s cabinet investigation is finding it difficult to understand how financial records are showing that Iraq has already spent all the money derived from the export of oil since February 2014, even though Maliki did not pay amounts due for Kurdistan or oil revenues due Basra and other oil producing provinces. Also most of the other financial obligations to the provinces, which had fallen to the Daash and assistance was promised.
So it is actually very simple to understand if you are told the truth as why it is taking so long to seat these ministers. These two ministries are at the heart of the Maliki corruption scandal that has taken place not just over the last 4 years but over the last 8 years. Abadi and vowed to provide all official investigations to prove Maliki and others involvement in these crimes to justice, no matter what position the hold, or immunity they may have.
So in conclusion - can you see now why Maliki (as current vice president) is pushing his influence on his remaining goons in the government not to support Abadi and his cabinet on the choices for candidates for these two remaining ministries? It all makes perfect sense when you look at the big picture. I know it was along explanation but this is the delay. I wanted to give some details so you can understand and know the truth. It is not a simple process Abadi is going through as most believe. There is no conspiracy holding this up by the “Cabal” or the PTB…….lol..…Many are saying its not Iraq causing any delay in the RV but when they do this they automatically exclude an entire set of legitimate reasons as to why we still wait for the RV. They make it sound (directly or indirectly) like the USA is a conspirator in holding up the RV….just total nonsense ! So who is really pushing this conspiracy stuff on you
These same “gurus” fail to mention that Iraq’s economy is on the verge of collapsing. Oh did they happen to mention this? Of course not. They hide this from you or maybe its because their “contacts” failed to mention it to them cause they think it is having no impact on the RV….lol….. Just a minor detail overlooked……lol….?
This is due mainly now to the funds having to pour into the effort to fight ISIS. Millions of dollars are spend everyday in the effort to rid Iraq of these insurgents. The recent financial news explains this situation very clearly. We can see article after article on this topic. Once again we can turn to the prior Maliki administration and point fingers to the legacy he has left behind and the long road to cleaning it up. It is also due to the huge ring of corruption in his administration. There are billions of missing funds.
The good news is the Kurds are boosting crude output threefold by the end of next year and are now resuming talks with Abadi’s new central government, signaling that a battlefield partnership against insurgents is helping mend ties with Baghdad. The Kurds will increase production to 1 million barrels a day by the end of 2015 from a current level of 320,000, said Sherko Jawdat, head of the natural resources committee in the Kurdish region’s parliament. Output will rise to 500,000 barrels a day by year-end, he said in an interview in Erbil. So we see that long range funding may not be an issue and it seems that full HCL implementation is not far either since oil revenues is going to be the savior for Iraq in the long run and it is forcing the issue.
Also this past week Abadi has come out in public and clearly stated he strongly favors full implementation of HCL and Article 140 along all constitutional mandates. It will not be long. I mentioned this too because, as I said in prior news letters, I believe this is what the USA really wants. A guarantee that the petro-dollar will be used in the sale of Iraq oil. This is all in the HCL law and impacts Article 140 disputes. This lays the ground work for a real possibility of bringing back their currency to pre-war levels plus equity. This is what investors have been waiting for.
PART 2 Follows Below: Mnt Goat Tuesday Update - "The Spiders Web" Part 2 - 10/7/2014
The Ongoing Budget Saga
I am now told that parliament will hold discussions on the budget this Thursday 10/9.
I now need to discuss the holdup in dealing with the budget and why it is taking so darn long to vote on and open the 2014 budget. There is much concern in the dinar investment community and many believe the RV is dependent on the budget being passed and opened. So I will clarify. But like most issues there simply is not a short answer (if you truly want to understand the hold up).
Where do I start? This is complicated but I will address this issue and summarize it for you the best I can. To truly understand this budget delay we must understand the root of the issues. There are no short answers.
First let me say that in the past, post-war Iraq had very little control over the allocation of funds from their oil revenues. Due to the war their oil revenues were placed in a holding account (escrow account) outside of Iraq and controlled by the IMF. This was done to insure they could not buy weapons to be used against the coalition forces occupying Iraq at the time. This is common practice in post- war torn countries.
Once most of Chapter 7 sanctions were lifted these funds now became the property of Iraq and thus get handed back to the country. This money now is in the hundreds of billions of dollars in these accounts. Also there are additional funds too confiscated from Saddam accounts throughout the world that were frozen and will be released back to Iraq.
So how did Iraq survive? In past years, prior to 2014, Iraq simply proposed a line item budget and submitted it to the IMF for approval. Once the IMF reviewed it and saw that it was clean the money was released to the CBI. The CBI then has a special account where it could disperse the funds to other banks throughout Iraq that were used to work directly with paying out contractors or loading electronic cards for government payments.
They found that the more they used electronic banking the less money could be stolen and lost as unaccountable. Corruption was huge. Total allocated funds were seldom never used up entirely since some of the funds were earmarked for the revaluation project and other project that have not yet completed. These funds were rolled up into supplementing the next year’s budget amount but for these same projects. So the uncompleted projects just keep rolling over along with the funding for them. Projects like housing, water purification plants, electrical stations, sewage lines, new schools and hospitals, etc. The question as to why these projects did not get completed is another topic but we know why (it is called the 8 year Maliki syndrome…lol…)
So now we come upon the 2014 budget. Based on what I just said can you now see the dilemma in controlling this 2014 budget? This budge is huge and they also know now the make up of the new government and really, really want to kick start the economy by releasing these funds to finally complete these projects.
Can you imagine the impact on their economy when they do this? - hundreds of billions (this is in USD not at the 1166 rate) being allocated all of a sudden into the economy. This will directly impact not just the Iraq economy but indirectly other countries too where much of the contract work comes from. For instance USA, Japan, China and many EU countries have already signed contracts for this work. They are just waiting for stability and the means to do business in Iraq (the green light).
The Spider’s Web is Weaved
Looking at three main issues facing Iraq:
1) Security needed for the contractors and banks;
2) rid of the government corruption;
3) the fear factor (a road not traveled)
These factors are all interconnected and can’t be separated in their implementation.
As we know ISIS has taken control of many of the provinces or has the potential to do so. The future is uncertain. Oh- there is the uncertainty factor! How do insurance companies or bonding agencies work under such conditions on these very costly projects? So how do you allocate millions if not billions to a province if it will only get into the hands of ISIS? The answer is you don’t.
Okay so you don’t fund that providence then and move on to other safer one. But what if ISIS then overruns that providence that was secure just days ago?
You simply can’t control the future unless they get this security issue resolved and ensure the funds will not get into the hands of the terrorists or corrupt politicians. So do you think they will need a competent and honest Security and Defense ministers in place first to ensure the issues with ISIS and the new slotted weapon purchases (also in the budget) are used appropriately? Oh…wait a second….did I hear Defense minister? Could this be why it is taking so long to get this minister seated. Could the budget possibly be connected to this event too?
Next there needs to be some house cleaning in the government too. It includes new anti-corruption laws especially when working inside the ministry of Interior. This department handles the contracting and is the liaison between the government, the local banks and the CBI. Oh…wait one second….did you say Interior ministry? Do you now see why it is taking so long to get a good candidate seated and confirmed in this ministry. Could this also be connected with the budget?
Are you connecting the dots in this big picture yet? Work with me on this….will you?
Some of these new laws are already written and are in the Erbil Agreement as I keep harping on so much. These are now rolled over in the 20 Unity Reforms I also mentioned many times. People it is ALL INTERCONNECTED !
Let me now address the FEAR factor. What do I mean by this?
Well the fear I am referring to is the fear of the government having control of literally hundreds of billions of dollars (in USD) for the first time as a new nation. Yes as I mentioned above this is the first budget they do not need a line item accountability with the IMF. This new government is very aware of the past corruption. Much of this corruption has gone on so long unchallenged that it has become a part of normal business practices in the government. This all has to end and end now, says the new prime minister Abadi.
Second there is the unknown. They have never chartered down this road before. When this budget is opened there will be literally an explosion (no pun intended…lol…) of contractors and investors coming into Iraq. The country must be safe and they will know shortly afterwards if all their new banking rules, electronic systems and upgrades can work with the international community financial institutions for there will be global transfers of huge amounts on payments for work being completed in contracts, investors building and stocking news stores, shopping malls, museums, utility projects, you name it…etc. Did I mention the billions to be made off the tariffs and how the IMF set them up on the electronic global billing system (need an international currency for the system to work) . I mentioned this in more detail in one of my last post early this year.
Do you now see how it all ties together like a spider’s web. It is complicated. So many of you investors want the RV and think it so simple. You make statements like -How hard can it be for them just to just pass the budget and spend it? Can you see now this is not that simple.
Oh and did I mention that to pull all this off ….they will need an international currency and have it revalued to a true asset backed rate thus a true market value.
MARKET RATES FOR IRAQI NEIGHBORING COUNTRIES: (as of 10/6)
Iraq (Dinar) - 1 IQD = 1166 USD(provisional post-war rate)
Saudi Arabia (Riyal) - 1 SAR = .27 USD
Jordan (Dinar) - 1 JOD = 1.41 USD
Syria (Pound) - 1 SYP = .006 USD(beginning of hyperinflation due to war)
Turkey (Lira) - 1 TRY = .44 USD
Kuwait (Dinar) - 1 KWD = 3.46 USD
Iran (Rial) - 1 IRR = .000037 USD (experiencing severe hyperinflation due to embargo)
Can you see now that enormous wealth is being poured down the toilet everyday they leave the IQD currency at the artificial rate of 1166. Just look at the value of Kuwait cuurency. Kuwait has much less resources than Iraq however the political management of the country has not yet caught up to the financial. It is lagging behind. This is part of the “stabilization” of the country that is needed.
So today I send you an update. Sorry no RV happening today. I want to emphasize however that events in Iraq could happen suddenly and there is often a lag in sending the news west so things could be changing as I write this news letter.
We continue to wait once again for the controversial ministers to be seated. You know how amazing this one event is connected to so many other issues and events (i.e. security, budget and reforms implementation). They are all interconnected and like the spiders web. They are all driving each other (interdependent on each other). Do you now see why this is being delayed so long? Even “long” in really is not that long as it is only a couple weeks now.
I compare the interconnectivity of these ongoing events to a spiders web. Did you ever wonder how this very sophisticated device of the spider works? The spider sets his web and then lays back and waits. The spider awaits and senses even a tiny touch anywhere on the web, then it knows it’s dinner time…..lol….
But if there should be hole, a gap in the web, it’s prey then sneaks through and it misses it’s meal. Iraq now has to close it’s gaps (corruption) to capture it’s meal (prosperity). I sense this is literally Iraq’s last chance. If this is not done correctly this time around favor with the international community will be lost and the advantages they gained will be gone forever.
This spider’s analogy is true to what we are now experiencing with the last steps to forming the new government of Iraq. When I say “formed” many of you I see are still confused. You think I have fooled you since I said that once it was formed we would see the RV happen. You listened to the main stream news media and they told you it was formed weeks ago. I have not tricked you. I just want to tell you the truth that is all. You have you ideal of “formed” and I have mine.
But I then told you what truly happened behind the scenes and why they intentionally put temporary candidates in place for the Defense and Interior (and a few other ministries) knowing darn well they would be rejected in the confirmation process. Then according to their law, they can still declare the government as “fully” formed yet leave these as proxy ministers until they get new, more qualified candidates confirmed.
I also explained to you the importance of why they desperately needed to do this to meet the constitutional deadline. Since they still argued over the candidates for these positions, they formulated a plan. It worked and everyone was happy as a result. Please go back and re-read my past 5 posts. This is an ongoing saga please catch up in your reading….lol….
Can you now see (using the spider’s web analogy) when the government will truly be completely (fully) formed and stable and what I mean by this statement.
I make this analogy because the events going on now in Iraq are complicated and everything is closely interconnected and interdependent like the spider’s web.
As spectators we want desperately to peg a single event to the RV. We want to have a pin point date and a target. It is human nature to feel this way.
If you want this then watch for these events I bring to you in my news letters. Keep track of them and watch and read articles. This is as close as anyone can get to any date. Google the titles and research. The news is all there for the taking.
You also now know more about this budget issue and the seating these last ministers and why it is taking so long. It is all not some secret conspiracy to hold up the RV. The RV is a matter of course and is not driving anything. Did you hear me? It is not the driving force!
The RV is a byproduct of progress not a driving factor. When Iraq gets to a certain point they will have no choice but to go international. It will happen when they are ready to do international business such as via banking, capital, contracting, foreign investors, or new ventures. They will have to talk the same financial language to the rest of the world. They will literally lose not billions but trillions if they do not do so when the timing is right. We now have events to watch to see when this time is near.
I have shown you the rates of neighboring countries to Iraq. So you tell me how can they prosper in the future when they must deal with their neighbors when they have no currency? In reality their neighbors will also be the rest of the international community too not just immediate geographical neighbors. Can you also see some currency growth opportunities too in other currencies of the neighboring countries? hint..hint..hint..
Then when can we expect the RV?
All I will say is what I have been saying all along in that we wait for a formal (global) announcement to the public that the Iraq government is now FULLY formed and seated.
I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the country of Iraq and its government is stable, non-sectarian and is a functional government. This is has been the plan all along. They may have wavered a bit on how the plan was implemented but the overall plan guidelines have not changed. This I know now as fact not rumor.
Peace and Luv To Ya All,
Mnt Goat Update: "What, No RV Again?" Part 1 - 10/5/2014
UU9929 - “ What No RV again…lol… ?” by mnt goat
Hi Everyone, I come to you today to give you a quick update on the progress of the new government and how this relates towards the international rollout of the IQD for Iraq.
Today's news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Please refer back to my last news letter of 9/29 as this news letter is a continuation of this news.
The news is long and I am sorry but once again there are issues I need to clarify and so I hope you take the time to read it and appreciate it.
There is again much disinformation being passed around as many are intentionally or unintentionally drawing the wrong conclusions as to the events taking place now in Iraq.
I do not know too if it is a matter of just a lack of common sense or if they themselves really believe in what they are passing out as information about the RV. So I need to address some of this nonsense now in this news letter.
Today is Sunday 10/5 and still no RV. What do you mean no RV? It was supposed to RV over the weekend…..lol….Do you wonder why it didn’t? I am of course being very sarcastic in my statements because I think some entity is pumping this misinformation to the dinar holder community and using these intel gurus to do it.
This is becoming very disturbing and to the point of almost alarming for what these people are doing to the dinar holders. I am saying this because if you knew what I know then you too would understand there is no way in h*ll the PTB are going to let the RV happen anytime in the near future.
Enough said on this topic. Let's move on to the real news.
Update on the Economic Reforms
First let me say some are making lots of assumptions in defining what Iraq means by using this terminology. What does economic reform mean to Iraq may not be what it means to us. I am being told that for Iraq it means fixing the payment system for the citizens once and for all. Payment System - I asked my contact? You know the electronic debit system using the Qi cards.
So according to my source the reforms they spoke about recently have nothing to do with the revaluation. Are there other economic reforms too that need to be implemented? Yes – and they will continue with the reforms as needed but in this case once again an Arabic translation caused lots of hype for nothing. Time to stand back and take a hard look at just how foolish all this recent hype has been.
Once again I will say the $3.58 rate was merely paying the citizens of Iraq their long overdue government payments on programs such as rations, pensions, unemployment, retirement, etc,. It has absolutely nothing to do with the revaluation of their currency. I tell you nothing!
They have paid out under the electronic Qi card process before and will be paying out on it again.
They waited so long to pay out this time because of the pressure of using much of the financial resources allocated for this purpose going instead to fight the ISIS. So the financial committee had to reshuffle funding to make these payments at the request of the new government.
They are having technical difficulties aligning all the provinces to the same standardized rates in this system. This effort also does not mean an RV is imminent. This too is something they are plagued with each time they make these payments.
Eventually they will resolve all these issues as each payment process is completed and the fix more of the bugs in the system. They are now saying the payments will conclude on 10/8.
These same “gurus” fail to mention that Iraq’s economy is on the verge of collapsing. Oh did they happen to mention this? Of course not. They hide this from you or maybe its because their “contacts” failed to mention it to them cause they think it is having no impact on the RV….lol….. This is due mainly now to the funds having to poor into the effort to fight ISIS.
Millions of dollars are spend everyday in the effort to rid Iraq of these insurgents. The recent financial news explains this situation very clearly. WE can see article after article on this topic. Once again we can turn to the prior Maliki administration and point fingers to the legacy he has left behind and the long road to cleaning it up.
The good news is the Kurds are boosting crude output threefold by the end of next year and plan soon to resume talks with the new central government, signaling that a battlefield partnership against insurgents is helping mend ties with Baghdad. The Kurds will increase production to 1 million barrels a day by the end of 2015 from a current level of 320,000, said Sherko Jawdat, head of the natural resources committee in the Kurdish region’s parliament.
Output will rise to 500,000 barrels a day by year-end, he said in an interview in Erbil. So we see that long range funding may not be an issue and it seems that full HCL implementation is not far either since oil revenues is going to be the savior for Iraq in the long run and it is forcing the issue.
Also this past week Abadi has also come out in public and clearly stated he strongly favors full implementation of HCL and Article 140 along all constitutional mandates. It will not be long. I mentioned this too because, as I said in prior news letters, I believe this is what the USA really wants.
A guarantee that the petro-dollar will be used in the sale of Iraq oil. This is all in the HCL law. This lays the ground work for a real possibility of bringing back their currency to pre-war levels plus equity. This is what us investors have been waiting for.
As a first effort, however it is imperative to get the security situation under control then Iraq can begin implementing the needed laws to safeguard security, the judiciary and the economy from corruption. Getting rid of Maliki too is on the agenda. I can assure you of this. The process has already begun.
So far the new prime minister Abadi has repeatedly stated he does not want massive foreign troop ground forces in his country. So far it seems Iraq is not able to handle ISIS on its own and the air support supplied by the USA and GB is not enough to rid them and can only contain them somewhat, but they adapt.
I have said this before and I will say it again that I totally believe it will take foreign troops on the ground in Iraq to resolve this situation. It is only a matter of time before the Iraq government too realizes this and finally requests the help as Anbar is taken by ISIS yesterday.
This will be the turning point for Iraq in the fight against ISIS. Something to watch for. However when they do this it will be costly since any country fighting in this effort will be billing Iraq for its efforts to help them. This support already has not been cheap and ground troops could cost Iraq billions more in the future.
So far what foreign troops that are in Iraq have been isolated from the general Iraqi public as they do not want to stir up more tensions and do want to present an image of being able to secure its own boarders to the rest of the world. They can not keep covering this situation up much longer. It is coming to a head.
Okay now so do you all see how the dictatorship of Maliki is working to destroy Iraq? Do you see how he and his goons are plotting to regain control if the situation comes to massive chaos and desperation? This is the only way these dictators can maintain control. So Maliki is not gone yet.
We know the ISIS saga begins with Maliki as does the financial situation too. Remember how he tried to block any oil exports from Kurdistan to the USA. Why do you think he was doing this? He wants the Abadi government to fail. In the process, while he was still prime minister (and commander and chief), he stole billions of the budgetary funding in the process of fighting ISIS.
He did this when Iraq was most venerable and parliament freely granted him a large chunk of money for this purpose. Of course he created the situation to start so for him is was totally under his control. Remember he wanted that “emergency powers” granted to way prior the April elections even taking place.
Much of this missing money was supposed to go towards the payments on the government programs. This is why now the Abadi government was so late in the payments. Do you see the connection now? This is why the citizens took to the streets in riots requesting their money.
Maliki tried to create decent against the Abadi government. he was setting Abadi (or any new prime minister) up for failure even before the elections. He also instigated these riots. An investigation has now found that this has been confirmed.
So you see this man and his goons can not be trusted and are only out to destroy Iraq. We will not see any peace or rest in Iraq as long as he still has any influence or presence in Iraq.
This brings to the recent effort that begins the process of ridding Iraq of Maliki forever.
Part 2 Follows:
Mnt.Goat Update: "What, No RV Again?" Part 2 - 10/5/2014
The Beginning of the End of Maliki
The International Criminal Court (ICC) has already begun its investigation into the files turned over from Iraq on Maliki and his corrupt goons. The situation with the Stryker AFB was the icing on the cake (the nail in the coffin) for Maliki.
There is proof once again he allowed this situation to happen and in fact instigated it.
ICC is pursuing efforts to prosecute Maliki and all those involved under crimes against humanity. Why are they all of a sudden now doing this?
Surely Maliki has been committing these crimes before and they are also noted in the corruption files presented to ICC.
Well this time it is different since with Stryker AFB it involves the USA directly.
At the time of the attack there was already plans to begin the process of training pilots and ground forces to support operations against ISIS. Stryker AFB is the largest AFB in Iraq and was turned over to Iraq when the pullout happened in 2011. It is a huge modern base.
So this is a real sore spot for the USA especially now since their relations with Maliki have gone sour. It is the USA now pushing ICC in this direction and they are pushing hard.
Did I mention Maliki’s immunity in his snug vice presidential role does will not prevent him from standing trial in an international court when it comes to crimes against humanity.
So they expect that between now and December, a hearing will be held and from that a trial on this case. Once this case is pursued I suspect other allegations too will come forward and all will be exposed.
This is the beginning of the end of Maliki for Iraq once and for all. This is how they plan to finally rid themselves of this parasite. This is when we really see Iraq take off and begin to move forward.
2014 Budget Saga Update
Nothing substantial came out concerning passing and implementing the budget last week other than they intend to begin the next sessions of parliament on 10/14 and the budget will be the first on the agenda.
This has come imperative and in a critical state now since they just spend billions already on the payment programs to the citizens, as I mentioned above. Do you see now how they are always being forced to work in a crisis mode. One crisis after another. How is it that they are able to even get anything done?
I mentioned why above. Until this entity (Maliki and his goons) are gone once and for all this will continue. Maliki sets Iraq up for crisis after crisis.
Even now when he has taken a backseat he manages to cause chaos. He is always many steps ahead of those who really want to help Iraq.
So hopefully we will see some forward movement on the budget next week (not this week) and more forward movement once heis indited.
So today I send you an update. Sorry no RV happening in the near future. I wish there was but I can not justify saying so and I will not lie just to make you happy.
We continue to wait once again for the controversial ministers to be seated. This now includes the Defense and Interior ministers – 2 of the key ministerial positions.
I was told there was a very good possibility this could happen quickly after the holiday since the negotiations are ongoing and they have plenty of time to resolve differences.
Also this week much progress was accomplished on the 2014 budget as it was forwarded to parliament. But we still do not see it done and implemented (opened to spend).
As I said previously – The budget depends on the RV and not the other way around.
In other words we need an RV first and then the budget can be opened. The opening of the budget is NOT going to initiate the RV.
We saw this week the payout once again to government programs on the Qi cards (electronic debit cards). Where did Iraq get all this money all of a sudden?
Remember too when you are trying to figure out what is going on you must think that nothing just happens by coincidence. Something(s) prior triggered the current event. The current constant state of crisis in Iraq politics just does not happen.
Someone is behind it all setting up events to cause the constant crisis and chaos. The good guys in Iraq know who this villain is and there is a plan to stamp him out once and for all.
This madness must end.
In past news letters I also talked about the past laws that were written and are just waiting on implementation. These are the laws needed to the enforcement of judiciary reform and anti-corruption reforms in all sectors of Iraq.
These laws were in the Erbil Agreement of 2010 and we now await their implementation in the new set of Unity Reforms put together to help tie the formation of this new government. Something to watch for. These laws once implemented will serge Iraq forward.
Then when can we expect the RV?
All I will say is what I have been saying all along in that we wait for a formal (global) announcement to the public that the Iraq government is now FULLY formed and seated.
I do not want to paint a gloomy picture in that I do not believe the RV is years away. In fact I believe we may have to wait till the end of the year and I am coming to this conclusion more and more everyday.
However, if the government could progress forward much faster than anticipated it could be much sooner than later. This every weekend RV rollercoaster must stop as it is not healthy and is causing much anxiety and stress for many of my readers.
I can sense it in the many emails I receive.
I do not feel sorry for you as I can not help your desire for the “hopium” rush. I do not have a crystal ball and so I can not foretell the future. I can only go by the events in real life. These events may not be what we desire but they are real and we have to face them.
They are not events being played out to “fool” us as many are saying. They are not events to “cover up” the process of an imminent RV either.
They are real events told to us in the articles and the news from Iraq. They may stall any chance of a quicker revaluation of the Iraq currency but it is what it is.
I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the country of Iraq and its government is stable, non-sectarian and is a functional government.
This is has been the plan all along. They may have wavered a bit on how the plan was implemented but the overall plan guidelines have not changed. This I know now as fact not rumor.
Peace and Luv To Ya All,
Tlar: "Chalabi Will Be The PM" - 06/08/2014
Lojak: Its always good to see Iran not sticking its head out in support for Maliki...they want to be with the winner too
Khamenei does not support al-Maliki and the names of four of the current prime minister
Baghdad / Orr News
Credible political sources said that Tehran has not taken a final position on the issue of forming the next government did not suggest a name for the presidency, and that contrary to what the members of the coalition tries to diffusion of state law.
The sources indicated that "the religious leadership of Iran does not want to have its position Mottagataa position with reference Najaf, Consistent with this, the resolution of Tehran awaiting word from Sistani reference in the process of naming the next head of government."
The sources pointed out that "there are four names approved by the blessing and support of the Iraqi political forces and there is no veto by Iranian or American, they are: Adel Abdul Mahdi and Tariq Ahmad Chalabi and Ibrahim al-Jaafari and a star."
The sources pointed out that "al-Maliki if he is certain that his chance to return to the palace of government has become non-existent, it will insist on the choice of henchman and his chief of staff and closest to him Tariq star to head the government,
while the Islamic Council, it does not tend to star preferably Chalabi or Adel Abdul-Mahdias heralding the Sadrists Dr. Ibrahim al-Jaafari, who believe in tolerance and Artakaúh an opportunity to influence the return to the state and the street together. "
Americans, according to sources, there is no clear vision or specific position adopted by Washington about the future of Baghdad during the next four years, but the former U.S. ambassador in Baghdad, Zalmay Khalilzad, does not conceal his desire to return al-Maliki to head the government,
but the conditions of them to get rid of last tendency acquisitions and exclusion and to return to his approach in the management of the state during his first term.
The sources did not rule out the fact that all these names at a given moment and to highlight the name of the scene is not punctual any party to fill the position, which was and remains the subject of dispute and conflict and the removal and replacement.
BlueyesinLevis: This is very very GOOD!
DreamWeaver: Yes ... the "Seal of Disapproval" by religious leader of Iran and Iraq has no doubt sealed Maliki's fate.
Ralph: Sistani refuses to again receive the envoys of al-Maliki
Najaf / Orr News
Sources Najafip informed of the refusal of the religious authority Ali al-Sistani, receiving emissaries of Prime Minister outgoing, to discuss the formation of the new government file. The source said "the holy sites" in Najaf, said Sistani, rejected three visits to the envoys of al-Maliki, including a personal adviser, Abdel Halim Zuhairi, during the last two weeks.
The source, who requested anonymity, that "the Office of Sistani told not to receive any government delegation at the moment, as well as the rest of the religious references."
The source explained the move as "a rejection of the third term of the owners, especially with the fear of the reference held responsible for the failure of government and exacerbate political problems after blessing the second term of the owners, in the recent period."
He noted that the Shiite "determined position of talks to form a government with two points, namely: a government that includes all Iraqis does not exclude anyone, and then change the status quo," a word of understanding some politicians as "an explicit call for change and refused to give al-Maliki for a third term."
It was on the new position of reference mixed reactions among political leaders in Iraq, parallel to the continuation of the meetings of the political blocs to formulate a clear position on the map of political alliances to form the largest bloc, which would give birth to the new government in the country.
The leader of the Sadrist Hussein optical method has religious references four in Najaf, and in the forefront of the supreme authority Ali al-Sistani, has been known for years, was rejected to meet someone who means a rejection of him in full, which is interpreted by us by refusing to meet with Maliki, or his envoys,
but hopefully to turn the role of the reference to the compressor on the political blocs to expedite the formation of the government, specifically because some are trying to take the weight of the reference in the Iraqi street and the political center, the mantle Atdther out when needed.
In contrast, the MP for the coalition of al-Maliki, Sami al-Askari, the position of the reference and the political consensus is not sufficient in determining the form of government, but it "depends on the consent of the countries of the region and the United States," and said that "the choice of al-Maliki as prime minister for the second session was part of the agreement Iranian Turkish Syrian and Iraqi internal. "
And puts the observers refused to receive delegations from al-Maliki in Najaf, Mr. al-Sistani, in the box to strengthen the position of religious authority, Sheikh Bashir al-Najafi, who had previously denied Maliki's election, and called for a change in public.
They said that the closure of the door of the reference in the face of al-Maliki in the time that remains rope friendliness existed between the political blocs and the rest of the references, is lined with a message to him after he had hoped to support religiously after failing to persuade the Shiite politicians within the National Alliance to take over his support for a third term.
Shelby: Now all we need is to see the NA to say they are nomination Chalabi!
Lojak: Shelby, you are on top of this !!!!
Shelby: The Chalabi announcement simply has to be forthcoming within hours at worst don't you think?
Lojak: Well, this is Iraq...
Mike1422: I think the National Alliance are waiting for the official election results before they lower the boom on Mr. Potato Head
Tlar: Mike, you hit the nail on the head. Once the final results are in this should go very fast. Nothing happens until then unless the SOL disavows M and selects a new PM candidate.
Until either the results being announced on the 10th or a move by the SOL happens, we are and have been in a holding pattern as they negotiate away.
I am hoping to see the SOL do their thing within the next 24 hours. I feel comfortable they have already made their approach to the coalition and are in negotiations as I write this.
That’s why M went to them saying please only nominate someone who will protect us all. He was really more worried about himself. The SOL is going to nominate a different PM but you can best bet they are talking to Hakim and Chalabi trying to make a deal that does not include M.
That’s why IMO Chalabi will be the PM because that is the coalition’s first choice.
Think of it this way; If the SOL nominates Chalabi, the rest of the NA will jump on board quickly because that is their choice.
Also the Kurds and Sunnis have already given a thumbs up to Chalabi as has the US and al/Sistani and now Iran.
That’s why I have said on day one, the 15th, they walk in and vote Chalabi in. The Kurds and Sunnis have already picked the pres and VPs from their areas so it should only take days to put the government together. Tlar
Lojak: ditto TLAR
National Alliance: Maliki's reign ended after he settled the name of the Prime Minister
Agency eighth day June 8, 2014 BAGHDAD - ((eighth day))
National Alliance said that the name of the next prime minister will be announcing soon after the ratification of the election results by the Electoral Commission for elections.
A source in the coalition told the "eighth day," said the candidate for the post of prime minister will be supported by the basic components of the Iraqi people.
He added that the next prime minister, has a strong character, proven competence and integrity and will lead a harmonious strong team capable of fighting terrorism and embark on a puppet reconstruction of the country and its institutions, civilian and military.
The source declined to name the next prime minister before the ratification of the results, but stressed that Iraq will not be a new era of Mr. Nuri al-Maliki any executive role in it, but a coalition of state law Iris Soasl his parliamentary deputy.
A different source:
National Alliance: There will be no role for the owners in the next government
Under section: political Dated: June 8, 2014
Baghdad / Iraq News Network - The National Alliance to name the next prime minister will be announcing after the ratification of the election results by the Electoral Commission for elections.
Said a source in the Alliance: The candidate for the post of prime minister will be supported by the basic components of the Iraqi people.
He added that the next prime minister, has a strong character, proven competence, integrity, and will lead the team harmonious strong is able to fight terrorism and to embark on a puppet reconstruction of the country and its institutions, civilian and military.
Source declined to name the next prime minister before the ratification of the results but stressed that Iraq will witness a new era will be Nuri Maliki any executive role in it.
Timber: Kurdistan's (et al): if Maliki knows that he is a legal action to hold the third state
By Adminmo 08.06.2014 01:12 | Brother - and Sam Mulla
Kurdistan Alliance saw that stuck to Prime Minister Nuri al-Maliki, the state came third because of "illegal acts" carried out by noting that (al-Maliki) knows that he will be tried in the event of his release from the prime minister.
And the MP for the Kurdistan happy messenger in a statement singled out by the reporter and the Agency for News News (et) that "stuck to Prime Minister Nuri al-Maliki, the state of the three because he did not work legally, noting" that al-Maliki knows if his exit will lawsuits be tried. "
And the Messenger "Prime Minister Nuri al-Maliki if he knew he had worked legally to hold the third state, explaining that" Maliki knows it will open all the previous files and provides lawsuits against him, for this is Emtemk power. "
The MP said the Kurdistan "alliance accept any person nominated by the National Alliance, with the exception of the current Prime Minister Nuri al-Maliki."
Sparked media leaks about the attempts by some political blocs to open files financial and administrative corruption against the prime minister in the event of his release from the prime minister.
This is an excellent read and will put tears in your eyes and/or a lump in your throat...Enjoy...RON
Posted by Angel8 at TNT - 01/11/2014
As she stood in front of her 5th grade class on the very first day of school, she told the children an untruth. Like most teachers, she looked at her students and said that she loved them all the same.
However, that was impossible, because there in the front row, slumped in his seat, was a little boy named Teddy Stoddard. Mrs. Thompson had watched Teddy the year before and noticed that he did not play well with the other children, that his clothes were messy and that he constantly needed a bath. In addition, Teddy could be unpleasant.
It got to the point where Mrs. Thompson would actually take delight in marking his papers with a broad red pen, making bold X's and then putting a big "F" at the top of his papers. At the school where Mrs. Thompson taught, she was required to review each child's past records and she put Teddy's off until last.
However, when she reviewed his file, she was in for a surprise. Teddy's first grade teacher wrote, "Teddy is a bright child with a ready laugh. He does his work neatly and has good manners... he is a joy to be around.."
His second grade teacher wrote, "Teddy is an excellent student, well liked by his classmates, but he is troubled because his mother has a terminal illness and life at home must be a struggle."
His third grade teacher wrote, "His mother's death has been hard on him. He tries to do his best, but his father doesn't show much interest and his home life will soon affect him if some steps aren't taken."
Teddy's fourth grade teacher wrote, "Teddy is withdrawn and doesn't show much interest in school. He doesn't have many friends and he sometimes sleeps in class."
By now, Mrs. Thompson realized the problem and she was ashamed of herself. She felt even worse when her students brought her Christmas presents, wrapped in beautiful ribbons and bright paper, except for Teddy's. His present was clumsily wrapped in the heavy, brown paper That he got from a grocery bag.
Mrs. Thompson took pains to open it in the middle of the other presents. Some of the children started to laugh when she found a rhinestone bracelet with some of the stones missing, and a bottle that was one-quarter full of perfume.. But she stifled the children's laughter when she exclaimed how pretty the bracelet was, putting it on, and dabbing some of the perfume on her wrist.
Teddy Stoddard stayed after school that day just long enough to say, "Mrs. Thompson, today you smelled just like my Mom used to."
After the children left, she cried for at least an hour. On that very day, she quit teaching reading, writing and arithmetic. Instead, she began to teach children.
Mrs. Thompson paid particular attention to Teddy. As she worked with him, his mind seemed to come alive. The more she encouraged him, the faster he responded. By the end of the year, Teddy had become one of the smartest children in the class and, despite her lie that she would love all the children the same, Teddy became one of her "teacher's pets.."
A year later, she found a note under her door, from Teddy, telling* her that she was still the best teacher he ever had in his whole life. Six years went by before she got another note from Teddy. He then wrote that he had finished high school, third in his class, and she was still the best teacher he ever had in life.
Four years after that, she got another letter, saying that while things had been tough at times, he'd stayed in school, had stuck with it, and would soon graduate from college with the highest of honors. He assured Mrs. Thompson that she was still the best and favorite teacher he had ever had in his whole life.
Then four more years passed and yet another letter came. This time he explained that after he got his bachelor's degree, he decided to go a little further. The letter explained that she was still the best and favorite teacher he ever had. But now his name was a little longer.... The letter was signed, Theodore F. Stoddard, MD.
The story does not end there. You see, there was yet another letter that spring. Teddy said he had met this girl and was going to be married. He explained that his father had died a couple of years ago and he was wondering if Mrs. Thompson might agree to sit at the wedding in the place that was usually reserved for the mother of the groom.
Of course, Mrs. Thompson did. And guess what? She wore that bracelet, the one with several rhinestones missing. Moreover, she made sure she was wearing the perfume that Teddy remembered his mother wearing on their last Christmas together.
They hugged each other, and Dr. Stoddard whispered in Mrs. Thompson's ear, "Thank you Mrs. Thompson for* believing in me. Thank you so much for making me feel important and showing me that I could make a difference."
Mrs. Thompson, with tears in her eyes, whispered back. She said, "Teddy, you have it all wrong. You were the one who taught me that I could make a difference. I didn't know how to teach until I met you." (For you that don't know, Teddy Stoddard is the Dr. at Iowa Methodist Hospital in Des Moines that has the Stoddard Cancer Wing.)
Warm someone's heart today. . . pass this along. I love this story so very much, I cry every time I read it. Just try to make a difference in someone's life today? tomorrow? Just "do it". Random acts of kindness, I think they call it?
"Believe in Angels, then return the favor." Share and keep this message spreading!