ONE IS THE LONELIEST NUMBER - Backdoc Saturday Afternoon Post - 11/22/2014

[ronscarpa]

Backdoc Saturday Afternoon Post - 11/22/2014

FROM BACKDOC / EXCLUSIVE - Sent to D.Recaps

"ONE IS THE LONELIEST NUMBER THAT YOU’LL EVER DO" !

TUESDAY WE SAW IRAQ RECEIVE A LOAN FROM THE IMF, WED. THAT MONEY WORKED ITS WAY INTO THE BIG STATE BANKS FOR REFORM AND ON THURS. WE SAW THE KURDS WERE PAID 500 MILLION DOLLARS FOR SALARIES.

THIS WAS AN UNPRECEDENTED AGREEMENT BY THE GOVT. AND THE KURDS ON THE OIL AND GAS LAW. 

THIS AGREEMENT HAS LEAD TO FURTHER PROGRESS OVER THE WEEK LEADING TO A SIGNED WORKING AGREEMENT ON COMPLETING THE NEW HCL LAW.

PRESENTLY A COMMITTEE IS MADE UP OF KURDS FROM THE NORTH, SUNNIS IN THE SOUTH BY BASRA, AND SHIA FROM THE GOVT. ALL WORKING TOGETHER TO COMPLETE THE MOST IMPORTANT LAW IN IRAQS HISTORY!

NOW, THAT IS WHAT I CALL ''FULLY FUNCTIONAL''. SHUT THE FRONT DOOR!

FOR THE FIRST TIME EVER WE SAW THE EMPIRE WAS QUICK TO INVITE THE KURDISH AND BAGDAD OIL MINISTERS TO THE ATLANTIC COUNCIL ENERGY AND ECONOMIC SUMMIT IN ISTANBUL TURKEY.

THE HCL LAW, FEDERAL COURT AND PARTIES LAW, AND AMNESTY LAW LOOK TO BE PASSED ALL AT ONE TIME. 

THE PREPARATION FOR THOSE LAWS ARE AND HAVE BEEN UNDERWAY NOW FOR SOME TIME NOW, MOST NOTABLY THE HCL.

ON TUES. WE SEE PARLIAMENT BACK IN SESSION TO POTENTIALLY REVISIT THE PASSAGE OF THESE IMPORTANT LAWS!

WITH OIL PRICES BEING CHALLENGED AT THE 80 DOLLAR PRICE AND THE POTENTIAL TO HEAD LOWER, IRAQ NEEDS TO SETTLE THEIR OIL DISPUTES AND INCREASE PRODUCTION TO OFFSET FALLING PRICES! 

IRAQ NEEDS TO QUICKLY DIVERSIFY THEIR ECONOMY TO STABILIZE THEIR GDP!

IT APPEARS THAT THEY WILL BE INCREASING TARRIF FEES AND DUTIES TO HELP COMPENSATE LOWER REVENUES FROM OIL SALES. 

ALSO THEY LOOK TO BE CUTTING BACK ON SOME INFRASTRUCTURE SPENDING TO HELP PLUG THE HOLES IN THEIR LOSS OF REVENUE!

I LOVE THE, "ALL FOR ONE AND ONE FOR ALL" THAT P.M. ABADI IS DEMONSTRATING! 

YESTERDAY THE GOI TOLD ALL STATE DEPARTMENTS TO BEGIN EXCLUSIVELY USING THE DINAR OVER THE DOLLAR FOR ALL FINANCIAL TRANSACTIONS. 

EVEN THE AIRPORT WAS INFORMED TO DO THE SAME. BUSINESSES WERE ALSO INVITED TO DO THE SAME.

WELL, SLAP! HEY THAT WORKS FINE FOR DIGITAL BUT NOT SO WELL OUTSIDE THAT ARENA!MMMM  WHAT THIS WILL DO IS BEGIN MAKING A MARKET FOR THEIR NUMBER 1 PRODUCT, THEIR CURRENCY!! BINGO!

THEY ALSO STATED THIS WEEK THAT THEIR CURRENCY IS UNDERVALUED, DAAAA!!! NO KIDDING!! 

I LIKE THE RECIPE THIS IS MAKING! CREATING DEMAND FOR A CURRENCY IN HOUSE FIRST, TELLING US THEIR NUMBER 1 PRODUCT IS UNDERVALUED AND AND THE OIL AND GAS LAW LOOKING TO HAVE THE WRAPS PUT ON!

MMMMM AND JUST TO PUT A CHERRY ON TOP OF THIS TASTY TREAT, WE SAW SOME SERIOUS CURRENCY FLUCTUATION YESTERDAY! 

JUST TESTING? OR THE BEGINNING OF SOMETHING MORE TO COME?

MMMM SERIOUSLY, WHEN YOU ARE NUMBER 1 IN THE WORLD IT CAN BE LONELY!!! I LOVE IT!! BRING ON THE LONELIEST NUMBER THAT YOU’LL EVER DO! 

DOC

 

[millionaire in training]

Backdoc Saturday Afternoon Post - 11/22/2014

I LOVE THE, "ALL FOR ONE AND ONE FOR ALL" THAT P.M. ABADI IS DEMONSTRATING! 

YESTERDAY THE GOI TOLD ALL STATE DEPARTMENTS TO BEGIN EXCLUSIVELY USING THE DINAR OVER THE DOLLAR FOR ALL FINANCIAL TRANSACTIONS. 

EVEN THE AIRPORT WAS INFORMED TO DO THE SAME. BUSINESSES WERE ALSO INVITED TO DO THE SAME.

 

 

I sure like the way that sounds.      Lets hope there is some truth behind it............

 

Go Iraq..........Do it to it......  

[sandfly]

IT SOUNDS GOOD

[captl1]

Great song by Three Dog Night!

[ReinMan]

So the airport is accepting STACKS AND STACKS of dinars for a flight from Baghdad to Europe?

[moose 57]

Great song by Three Dog Night!

that it is!