043011 This is the Skinny

[linny0830]

This was sent to me by a good friend and I am not sure who the credit goes to whom wrote all this. I thought it sounded great, so I am passing along to you all.

Linny

Okay, I wanted to do some of this research for my own sanity (LOL) and thought I would share it with you guys.

Follow me here...

Executive Order, #13303 that was signed by President Bush in May 2003, is the EO that protects the DFI funds from garnishment, levy, judgments, etc.

Here's EO 13303:

http://edocket.acces...df/03-13412.pdf

Here's the history of it since May 2003 (with subsequent renewing EO's):

"Protecting the Development Fund for Iraq and Certain Other Property in Which Iraq Has an Interest

Signed: May 22, 2003

Federal Register page and date: 68 FR 31931, May 28, 2003

Amended by: EO 13364, November 29, 2004

See: EO 12722, August 8, 1990; EO 12724, August 9, 1990; EO 13290, March 20, 2003; EO 13315, August 28, 2003; EO 13350, July 29, 2004; EO 13438, July 17, 2007; Notice of May 20, 2004; Notice of May 19, 2005; Notice of May 18, 2006; Notice of May 18, 2007; Notice of May 20, 2008; Notice of May 19, 2009; Notice of May 12, 2010"

http://www.archives....2003.html#13303

EO 13364 Amended the original EO 13303 to add the following protection for the CBI:

"(iii) any accounts, assets, investments, or any other property of any kind owned by, belonging to, or held by the Central

Bank of Iraq, or held, maintained, or otherwise controlled by any financial institution of any kind in the name of, on

behalf of, or otherwise for the Central Bank of Iraq."

The LAST renewal (see above) is dated May 12, 2010, signed by President Obama, and expires one year from that date (or perhaps the date of the Federal Register publication on the 17th)-- so this protection of the DFI funds ceases on or about May 12 to May 17, 2011.

http://www.gpoaccess...D-201000372.htm

Quite literally then, this means that the last vestiges of Ch. 7 of the U.N. Sanctions that is set to expire in June, MUST actually be done and removed by the time this EO expires in mid-May (or in the alternative, the EO must be renewed once again to coincide with the UN's DFI protection expiration date in June).

Regarding WTO Accession:

We know they hired a WTO Customs Training Advisor on a 'short term contract' of no more than 120 days beginning March 15th, so I would assume that July 15th is an outside window for WTO Accession. http://don't promote other sites....120#entry240120

I am making a leap here, but I believe this position is being fulfilled via The Handbook on Accession to the WTO's 'Technical Assistance and Training for Acceding Countries' - http://www.wto.org/e..._e/c3s3p1_e.htm (which is a good thing!).

What is noteworthy is this very short statement here:

"Any state or customs territory having full autonomy in the conduct of its trade policies may become a member (“accede to”) the WTO, but all WTO members must agree on the terms. This is done through the establishment of a working party of WTO members and through a process of negotiations."

http://www.wto.org/e...acc_e/acc_e.htm

Essentially, this confirms Boon's information he received today (although worded a bit differently)--- and that is that the country must be sovereign (full autonomy) to become a full-fledged WTO member.

Recall again that the EO 13303 DFI protection extension expires in mid-May (with the UN's extension expiring thereafter).

In other words, at that point Iraq will be a fully autonomous and sovereign country, eligible for WTO full accession to membership.

Now with regard to a revalue of their currency, there is anecdotal evidence that it must be done BEFORE they finish the WTO accession process. Specifically,

Under Foreign exchange and payments (among other relevant information),

"Applicants need to describe how their exchange rate is determined, whether their currency is convertible, whether foreign exchange is freely available for trade and payments purposes, whether any regulations exist relating to the retention of foreign currencies, or repatriation or surrender requirements. Applicants should also describe their balance of payments situation."

http://www.wto.org/e..._e/c5s2p2_e.htm

They are just not going to go forward with the accession process, imho, without having already jumped through those hoops first. It would be unnecessarily cumbersome to go through the WTO process and base their accession on a rate and foreign exchange policy they KNOW is going to be changed soon. So imho, WTO Accession comes AFTER the RV. It just makes logical sense.

Further, they cannot have a sovereign fully autonomous country and government, until they HAVE a government with all of the remaining positions filled.

So bottom line is this.

1) Fill the remaining positions to have a "no doubt about it" fully formed and sitting, sovereign government.

2) RV the currency

3) Either natural expiration of EO 13303 extension in mid-May, OR Obama signs an EO ending it sooner.

4) Either natural expiration of UN extension of DFI fund protection on June 30th (and if after mid-May, it would require another EO extension), OR UN passes a resolution ending it sooner.

5) Upon completion of #3 and #4 above, WTO Accession by a fully autonomous, sovereign, and independent nation of Iraq, with their own newly revalued currency.

We are coming down to the wire, folks.

[mariejose]

THANK YOU LINNY!

[DRV1804]

WOW!! Great post!! THANK YOU SO MUCH!!

[jgyear]

this sounds great! lets all hope soooooooooo!

[menholt]

Best documented post ive seen on this website....thank you so very much..

[jeepguy]

whooooooooooo hoooooooooo thanks for the post --------weeks or days now { hoping tonight }

[aliciadogz]

EXCELLENT POST! Very informative,best I've seen for end game for an RV.GO RV!!!

[Texhad]

Is this our September song?

"And the days dwindle down to a precious few..."

Let it be.

Blessings,

Texhad

[Here4theride]

Thanks for the info

[kinglizzy99]

Thanks for the Skinny Linny!

[elmstreet61]

Woohoo, great work, thank you Linny. Go Well!

[investorman]

Linny0830, thanks for a really great/informative post. Lots of insight. Come on RV.

[speculatorsRIDE]

Great post. Very informative but you forgot a step and 2) should be step 6).

Further, they cannot have a sovereign fully autonomous country and government, until they HAVE a government with all of the remaining positions filled.

So bottom line is this.

1) Fill the remaining positions to have a "no doubt about it" fully formed and sitting, sovereign government.

2) RV the currency

3) Either natural expiration of EO 13303 extension in mid-May, OR Obama signs an EO ending it sooner.

4) Either natural expiration of UN extension of DFI fund protection on June 30th (and if after mid-May, it would require another EO extension), OR UN passes a resolution ending it sooner.

5) Upon completion of #3 and #4 above, WTO Accession by a fully autonomous, sovereign, and independent nation of Iraq, with their own newly revalued currency.

We are coming down to the wire, folks.

Read more:

1) Fill the remaining positions to have a "no doubt about it" fully formed and sitting, sovereign government.

2) Either natural expiration of EO 13303 extension in mid-May, OR Obama signs an EO ending it sooner.

3) Either natural expiration of UN extension of DFI fund protection on June 30th (and if after mid-May, it would require another EO extension), OR UN passes a resolution ending it sooner.

4) Upon completion of #2 and #3 above, WTO Accession by a fully autonomous, sovereign, and independent nation of Iraq, with their own newly revalued currency.

5) After WTO accession IMF will monetize all non-liquid assets of Iraq. Oil, natural gas, precious metals, stocks, futures, etc etc etc become assets with a dollar amount attached. This will bring their available liquid assets from the 52 billion USD they have now to 3 digit trillions USD. This will allow them to RV at a rate much higher then anyone is expecting. It will give the proud Iraqis their proper place as far as exchange rate.

6) RV the currency

[Vinman33]

Great post. Very informative but you forgot a step and 2) should be step 6).

Further, they cannot have a sovereign fully autonomous country and government, until they HAVE a government with all of the remaining positions filled.

So bottom line is this.

1) Fill the remaining positions to have a "no doubt about it" fully formed and sitting, sovereign government.

2) RV the currency

3) Either natural expiration of EO 13303 extension in mid-May, OR Obama signs an EO ending it sooner.

4) Either natural expiration of UN extension of DFI fund protection on June 30th (and if after mid-May, it would require another EO extension), OR UN passes a resolution ending it sooner.

5) Upon completion of #3 and #4 above, WTO Accession by a fully autonomous, sovereign, and independent nation of Iraq, with their own newly revalued currency.

We are coming down to the wire, folks.

Read more:

1) Fill the remaining positions to have a "no doubt about it" fully formed and sitting, sovereign government.

2) Either natural expiration of EO 13303 extension in mid-May, OR Obama signs an EO ending it sooner.

3) Either natural expiration of UN extension of DFI fund protection on June 30th (and if after mid-May, it would require another EO extension), OR UN passes a resolution ending it sooner.

4) Upon completion of #2 and #3 above, WTO Accession by a fully autonomous, sovereign, and independent nation of Iraq, with their own newly revalued currency.

5) After WTO accession IMF will monetize all non-liquid assets of Iraq. Oil, natural gas, precious metals, stocks, futures, etc etc etc become assets with a dollar amount attached. This will bring their available liquid assets from the 52 billion USD they have now to 3 digit trillions USD. This will allow them to RV at a rate much higher then anyone is expecting. It will give the proud Iraqis their proper place as far as exchange rate.

6) RV the currency

STEP 7: CASH IN, TITHE, AND GO ON A LONG, BADLY NEEDED VACATION

[Bambino3]

I didn't like it because it made all our other posts pale in comparison.

[ozman2011]

LInni...Nice job...thank you for that...again nice job

[THINK.....]

Well done. It's nice to see documented intel, links and all. +1

RV there yet? RV there yet?

[cgbrown]

Good post. Will keep us watching as we go through the hoops, fall down the steps, ride the wave, climb the mountain.... cross the seas, fill the gas tank, grab a bite to eat, go to work, go home after working, play with the kids, .......... your turn.

[easyrider]

GREAT post Linny. keep on postin.

[RVDinar4MyFamily]

Good research Linny, nice to see some out there are looking for facts and not living on the rumors.

[R2d2dc]

Wow, that was a great read. Informative without made up dates.

[pontiyak]

The "skinny" was way FAT !!

thanks for the post, most logical.

The best things in life RV

yak

[DEAMAN]

Excellant, factual...this is what I am talking about! Great post and thanks for keeping it real.

I am interested in speculatorsRIDE's comment: "Forgot a step and 2) should be step 6)". Anyone want to step to the plate and say what they think? I heard WTO first than RV, but I don't really know if that is the case or not. If it is, that could push the RV back some.

Thanks again for the great post!

[lakeman]

nicely done let hope your right

[AK47]

Sounds great! Hope we are going to be happy soon