Friday Late Morning Opinions @ 11:35 AM CDT - 9/23/2022

[ronscarpa]

Remember, no one really  knows what will happen, or when. They're simply stating  their opinions based on what they perceive to be happening in Iraq...  RON 

 

 

*** Frank26  [Iraq boots-on-the-ground report] FIREFLY: The banks are putting signs out again in their windows about the open house they are inviting us citizens to next Monday.  They're telling the citizens to coming in and to open accounts...and get our cards. They're talking about loans...all of this is part of a new strategy to grow Iraq's economy... FRANK: The CBI prepares you to use the new small category notes inside of your country...the same way that they have prepared the international banks to use the new small category notes in their country outside of Iraq's borders internationally...the next step will occur after Kazemi returns from New York...

 

 

[ronscarpa]

Added @ 12:08 CDT:

 

 

*** Jeff   In the near future they're going to have a session of parliament...to vote to reschedule their elections...along with dissolving parliament...As you know their government must have full powers.  Right now...they're deemed as a caretaker...They are not a government with full powers.! Because they don't have full powers...they cannot revalue their currency at this time.  They must be able to pass laws to revalue the currency and have full powers; and they don't...Does this mean you have to wait till next year for the rate change? ...The day they vote to reschedule the elections and dissolve parliament I will be doing an emergency dinar update..! 
 

[Luigi1]

1 minute ago, ronscarpa said:

 

*** Jeff   In the near future they're going to have a session of parliament...to vote to reschedule their elections...along with dissolving parliament...As you know their government must have full powers.  Right now...they're deemed as a caretaker...They are not a government with full powers.! Because they don't have full powers...they cannot revalue their currency at this time.  They must be able to pass laws to revalue the currency and have full powers; and they don't...Does this mean you have to wait till next year for the rate change? ...The day they vote to reschedule the elections and dissolve parliament I will be doing an emergency dinar update..! 
 

 

 

Agree...here's why...

 

ARTICLE:  Parliamentary Finance: No Budget Preparation Without Forming A Government With Full Powers.

Today, Thursday, the Parliamentary Finance Committee confirmed that the budget cannot be implemented or prepared unless a new government with full powers is formed.

A member of the Finance Committee, Jamal Cougar, said in a press statement, “The budget cannot be worked out or prepared unless a new government with full powers is formed. Therefore, whenever the new government is formed, there will be a budget.”