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RV Trigger per Scooter


Maynard57
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Brethren:

I've been trying like mad to get the link to work to the World Bank as referenced in Scooter's earlier chat with no luck. I also can't seem to get my browser to load it in a separate window or tab.

Its killing me, really! Scooter mentioned that the RV trigger was originally set to be commensurate with the seating of parliament, but due to the obvious, the triggering event will or may be something else. If anyone has had a chance to make this review at the World Bank url please enlighten me. Thanks a bill.

Maynard

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Is this the link you are looking for?

http://siteresources.worldbank.org/IRFFI/Resources/PSSITFConsolidatedMarch2010FINAL060810.pdf

(You need Adobe Reader to view)

If you can't get your browser to pull it up, the same resource was scanned into scooter's chat posted yesterday, scroll down to the first response posted later by Scooter.

Hope this helps!

http://dinarvets.com/forums/index.php?/topic/25857-scooters-chat-july-26-1100-pm/

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One thing that's interesting if you go to the link provided by TCF you see that the project already has provisions for a project closing date set back.

"Major Implementation Obstacles

Due to the short lifetime of the project, there is likelihood to extend the project closing date."

I guess this seems about normal for any Iraqi project.

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Brethren:

I've been trying like mad to get the link to work to the World Bank as referenced in Scooter's earlier chat with no luck. I also can't seem to get my browser to load it in a separate window or tab.

Its killing me, really! Scooter mentioned that the RV trigger was originally set to be commensurate with the seating of parliament, but due to the obvious, the triggering event will or may be something else. If anyone has had a chance to make this review at the World Bank url please enlighten me. Thanks a bill.

Maynard

The seating of parliment already started......thats what he was speaking of...I know the PM hasent been seated and thats whats NOT important...but they have already had a seating and meeting in the parliment........

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The seating of parliment already started......thats what he was speaking of...I know the PM hasent been seated and thats whats NOT important...but they have already had a seating and meeting in the parliment........

I was hoping you'd chime in here, given you were in on this discussion. What got me thinking was:

7:40 AM [scooter] In fact --- The only thing that got messed up was the "Trigger" point

7:41 AM [scooter] and it says it right in the IMF CR 1072 document

7:41 AM [scooter] where they were going to take the next steps after the conclusion of parliment seating

7:41 AM [scooter] so

7:41 AM [scooter] they goto plan b

7:41 AM [scooter] do it without them

I read this as saying that the conclusion of the parliamentary seating was to set off the RV process, and that when that didn't go according to plan, there was an alternative trigger for the event. So if "plan b"" wasn't contingent on seating of parliament, what exactly is plan be?

THat's my thought on it anyway, THanks keepmwlknfny as always for your thoughtful participation in this, and if you have an understanding as to what plan b is, I for one would be interested in your theory.

Maynard.

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I read this as saying that the conclusion of the parliamentary seating was to set off the RV process, and that when that didn't go according to plan, there was an alternative trigger for the event. So if "plan b"" wasn't contingent on seating of parliament, what exactly is plan be?

If I understand correctly, parliament seating and naming of the presidents, deputies, speaker, were originally designed to happen virtually simultaneously, with the PM to follow.

It was never designed to have a thug disrupt the process. The winning bloc chooses a PM candidate and he gets 30 days to form a govt. with no expectations that it will actually take 30 days. When al-Maliki used his position as PM to thwart Allawi's attempts for said time frame ... this was never contemplated. However, if Allawi failed to get a consensus after 30 days THEN al-Malaki (or anyone with the votes) had the right to attempt to form his own.

To paraphrase Frank26 (and I hope I get it right because folks wlll blast me if I don't) the trigger lies in the "quid pro quo" agreement with the UNSC ... seat your govt. (original agreement changed to) we meant seat your ENTIRE government (new trigger) and we release you from Chapt 7 and the new rate.

I am unsure as to whether I have it completely right but I believe I've got the "spirit" of it down.

Regardless ... Peace to all

Thanks for the post

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If I understand correctly, parliament seating and naming of the presidents, deputies, speaker, were originally designed to happen virtually simultaneously, with the PM to follow.

It was never designed to have a thug disrupt the process. The winning bloc chooses a PM candidate and he gets 30 days to form a govt. with no expectations that it will actually take 30 days. When al-Maliki used his position as PM to thwart Allawi's attempts for said time frame ... this was never contemplated. However, if Allawi failed to get a consensus after 30 days THEN al-Malaki (or anyone with the votes) had the right to attempt to form his own.

To paraphrase Frank26 (and I hope I get it right because folks wlll blast me if I don't) the trigger lies in the "quid pro quo" agreement with the UNSC ... seat your govt. (original agreement changed to) we meant seat your ENTIRE government (new trigger) and we release you from Chapt 7 and the new rate.

I am unsure as to whether I have it completely right but I believe I've got the "spirit" of it down.

Regardless ... Peace to all

Thanks for the post

That could be Doc, but Scooter said plan be was "do it without them." That doesn't sound like a quid pro quo to me, but rather that the RV is in the script parliament or not.

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Im sorry....I didnt explain it all right lol was in a hurry to get out the door......that is plan B lol going ahead with the plan and not waiting for the entire Parliment to seat....sorry for the confusion.......

[/quote

Then, I kinda like Plan B myself. :)

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Can anyone help me with a question?....why would seating the government have any influence on their monetary policy?...thanks

Because if there is going to be an RV, RI, LOP, Redenomination, or any combination thereof, there would need to be a government in place do deal with the obvious ramifications both internally and abroad.

At least that is what I think.

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If I understand correctly, parliament seating and naming of the presidents, deputies, speaker, were originally designed to happen virtually simultaneously, with the PM to follow.

It was never designed to have a thug disrupt the process. The winning bloc chooses a PM candidate and he gets 30 days to form a govt. with no expectations that it will actually take 30 days. When al-Maliki used his position as PM to thwart Allawi's attempts for said time frame ... this was never contemplated. However, if Allawi failed to get a consensus after 30 days THEN al-Malaki (or anyone with the votes) had the right to attempt to form his own.

To paraphrase Frank26 (and I hope I get it right because folks wlll blast me if I don't) the trigger lies in the "quid pro quo" agreement with the UNSC ... seat your govt. (original agreement changed to) we meant seat your ENTIRE government (new trigger) and we release you from Chapt 7 and the new rate.

I am unsure as to whether I have it completely right but I believe I've got the "spirit" of it down.

Regardless ... Peace to all

Thanks for the post

I'm beginning to think that CHAP 7 or an RV does NOT matter to the GOI --- because the GOI is IRAN by proxy --- Iran does NOT want Iraq to be released from CHAP 7 or RV -- BECAUSE THEN IRAQ WILL BECOME INDEPENDENT OF IRAN -- AND IRAN DOES NOT WANT AN INDEPENDENT IRAQ !!!!

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