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Thursday, February 28, 2013

OKIEOILMAN UPDATE, 28 FEB

[..OKIEOILMAN] GOOD EVENING AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIENDS. IT'S HARD TO FLY AND POST AT THE SAME TIME BUT I GUESS THIS IS A FIRST. I HAVE JUST PICKED UP THE OUTER MARKER AND AM REDUCING SPEED AND LETTING LANDING GEAR DOWN. 

I SHOULD BE LANDING SOON AFTER THE OUTER MARKER IS REACHED AND FIELD IS IN SIGHT. I WILL KEEP YOU INFORMED WHEN TO EXPECT LANDING. 

THIS IS A VERY ACTIVE FIELD AND MAY ENCOUNTER TRAFFIC AND HAVE TO AWAIT MY TURN TO LAND. I AM RUNNING LOW ON FUEL AND MAY BE GRANTED A PREFERENTIAL LANDING---IT'S ALL IN THE CONTROLLERS HAND'S NOW..

[..OKIEOILMAN] I ONLY AWAITING MY TURN TO LAND--SHOULDN'T BE VERY LONG NOW 

[..OKIEOILMAN] IT'S BEEN A VERY LONG FLIGHT---I AM VERY TIRED AND NOT AS QUICK RESPONSIVELY AS I SHOULD BE BUT I STILL THINK I CAN LAND THIS BIRD EVEN THO BLURRED EYED PRAY FOR A EXPEDIENT AND SUCCESSFUL LANDING FOR ME AS SOON AS I LAND THEN I WILL POST "THE POST" WE HAVE BEEN WAITING FOR

[..OKIEOILMAN] I AM SO ACCUSTOMED TO CARRIER LANDINGS, I MAY NEED SOMEONE TO "CALL THE BALL" FOR ME EVEN THO I WILL BE LANDING ON RUNWAY

stebusan] Jesus Take The Wheel!!
[..OKIEOILMAN] STEBUSAN--YOU MEAN THE STICK

[kitchencat] ..OKIEOILMAN look for green light, on glideslope, red under slope, apply power, no light, too high reduce power, contact approach control

 [..OKIEOILMAN] KITCHENCAT--NOT CLOSE ENOUGH YET TO OBSERVE V A S I

DINAR GURUS UPDATE, 28 FEB

2-28-2013  Newshound Guru Arthur  Article quote:  "Biden expressed his deep commitment of the United States and Permanent toward the United States partnership with Iraq under the Strategic Framework Agreement signed between them"  IN LIGHT OF EVERYTHING ELSE WE HAVE SEEN IN THE LAST FEW DAYS, THAT THE UNITED STATES IS RENEWING THESE COMMITMENTS SIGNED IN 2009 AT THIS TIME IS INTERESTING AND NOTEWORTHY.  ...THE AUTHORS OF THE PLAN [ARE] USING THE STRATEGIC FRAMEWORK AGREEMENT TO GUIDE IRAQ TO IT'S PROSPEROUS DESTINY, THE IMPLEMENTATIONS OF WHICH MUST INCLUDE A STRONG, INTERNATIONALLY TRADED, REVALUED IRAQI DINAR.

2-28-2013  Newshound Guru SWFloridaGuy    Along with the training, submitting a memorandum and additional negotiations they need to also have a convertible currency. The CBI's goal is for the IQD to go international. To do that they need to raise the valueThe next step is to pass the budget and the HCL. As usual the timing/mechanism will always be an unknown factor but I do think it's in Iraq's best interest to move ahead with the economic reforms upon completion of those events. I'm optimistic that this coming period will bring us some much needed political/economic stability and reform [post 2 of 2]

2-28-2013  Newshound Guru SWFloridaGuy    There was a very encouraging statement from the Finance Committee calling on the GOI to promote the IQD in investment company dealings to support dedollarization and promote the strengthening of the national currency and economy. They also said "increase its value and enhance confidence." I don't think it's a coincidence that this coincides with senior Iraqi officials receiving intensive training on the multilateral trading system necessary for WTO accession and being instructed on the necessary additional steps to take.  [post 1 of 2....stay tuned]

2-28-2013  Intel Guru Delta   "URGENT FROM IRAQIA TV:  FINANCE COMMITTEE CALLS THE GOV TO FORCE INVESTMENT COMPANIES TO TRADE IN IQD"   THE ONLY WAY FOR THOSE COMPANIES TO USE DINAR, IT HAS TO BE TRADABLE...MORE VALUE RV...YOU CAN SAY ARTICLE 8. 

2-28-2013 Newshound Guru Mountainman  Article quote:  "A member of the Committee on Energy and Oil parliamentary Furat al-Shara “The oil and gas law will pass before the middle of this year"    Finally some positive news about the HCL. It looks sometime between now and the next few months it will be resolved. It's directly connected to the passing of the budget and should follow shortly after. Everything is falling into place.  Most likely in the order of Budget, HCL, RV/RI/Float, Chapter VII then WTO. 

2-28-2013  Intel Guru Wisdom    GONNA RUN WITH A THOUGHT HERE... dealing with the facts as I know them. SO we're hearing that they WILL be meeting...to pass laws and vote on the 2013 budget. That is a fact.  Question is....WILL THE RV be released upon the passing of the 2013 budget or do they need to have the RV to meet their budget as it's being passed for the year to cover all their bills?   There is the school of thought that the revaluation is NEEDED to support the budget for 2013 and so would have to happen with the passing of it before it could be a reality for Iraq to be able to meet it's expenses.

2-28-2013  Newshound Guru Arthur   Article:  "Parliamentary Finance Committee called on the government to impose the Iraqi dinar in the dealings of investment companies operating in the country with a view to supporting and strengthening of the local currency abroad."   I DON'T WANT TO GO AS FAR YET AS DECLARE THAT THIS ARTICLE CONSTITUTES THE RV, BUT I WILL SAY THIS IS A STUNNING DEVELOPMENT BY THE FINANCE COMMITTEE OF IRAQ. THEY ARE NOW IMPOSING THAT ALL INVESTMENT INTERNAL AND EXTERNAL BE DONE IN DINAR INSTEAD OF USD. THIS WORDING INTIMATES AN INTERNATIONAL CURRENCY AND A FLOATING IQD FOR IT TO HAVE THE CAPABILITY OF INCREASING IN VALUE BASED ON IT'S OWN COMPETITIVE VALUE THROUGHOUT THE WORLD WHICH SHOULD BE SUBSTANTIAL DUE TO THE VAST WEALTH OF IRAQ.

2-28-2013  Newshound Guru Adam Montana    [About 1 1/2 years ago with Shabs at the helm, the CBI adjusted the sell rate from 1170 to 1166...why 4 pips and why then? Why not 3 or 5 or 10 and why then?  The CBI at that time said they did it because that was where the value should be... but those of us that were watching closely at the time know that there was a huge resistance to the move. Many said at the time that there was no reason to do it, that it would not make a difference, and quite honestly... like you said, what is the purpose of such a small move?  The purpose was, in my opinion, to show the world that they will move the rate however and whenever they want. The 4 pip move served absolutely no purpose other than just that - to prove that the CBI and only the CBI is in charge of the rate. 

2-28-2013  Newshound/Intel Guru Bluedog   CBI will not sell USD to the citizens they can only buy 10,000 per month and only one day a week thru state banks and they need a passport now to do that - very difficult to get. Forcing them to revert to Dinar.   IMO, this will inflame the people so they must move fast to resolve the New CBI Laws ...RV'ing their currency... =RV.

2-28-2013  Intel Guru Blaino   ALL IN THE DINAR WORLD IS MOVING IN OUR DIRECTION...MANY THINGS ARE AFOOT IN THE DINAR WORLD AND ALL THE FOOTSTEPS ARE COMING OUR DIRECTION, CINCH UP YOUR SEATBELTS, I THINK THIS THING IS COMING IN HOT! 

2-28-2013  Intel Guru TerryK    I JUST GOT A SOURCE CALLING THAT THE BANKS ARE GET CODES TONIGHT TO TELL THEM TO TURN THE CODES ON.  WE SHOULD SEE THIS TOMORROW.   THIS IS MY WF [WELLS FARGO] SOURCE.  HE IS WAITING ON THE EMAIL TO GO. THE EMAIL ONLY WILL COME AFTER CL [CHRISTINE LEGARDE] SPEAKS.   [Did you say if and when CL and O will make announcements.]   NO, SHE IS,  AND THERE WILL NOT BE ANYTHING POSTED ON TIMES OR LOCATION FOR SECURITY REASONS.  THEY HAVE BEEN WAITING FOR JACK LEW TO TAKE OFFICE AND THEY SIGNED HIM TODAY.  DID YOU ALL KNOW THAT JACK LEW TOOK CARE OF THE KUWAIT RV.

2-28-2013  Intel Guru Wisdom    Yes, I do believe we are on "Target" for this to happen... any time from tomorrow on! I do think that there is a "Possibility" from here on that we could see it in any order of ALL the items on the list I'd mentioned being passed, sooner or later, as they line up. I cannot in any way find a logical reason that this could not happen immediately. [post 3 of 3]

2-28-2013  Intel Guru Wisdom    Did that happen? Don't think it turned out the way he expected...Shabibi was solid on his demands that ERBIL MUST BE IN PLACE BEFORE THE RV would be allowed to happen. He's not there... has this released that promise? Not sure at this point, it may be that it was a way for Maliki to allow it to be pushed through without having to share the power between the other 2 presidents.  Erbil, Article 140, Chapter 7's removal to Article 8, the oil contracts, and a couple of other issues were on that list that I'd said NEEDED to be DONE and agreed upon to get the RV in place and released. Am I sticking by that list at this point.      [post 2 of 3....stay tuned]

2-28-2013  Intel Guru Wisdom   Does Erbil hold up the RV from taking place? I have to address this question because...there was a check list that I'd stood by of things that I believed needed to be in place before I would EXPECT the RV to show. Erbil was one of them on the top of that list. BUT...That was while Shabibi was in charge and the head of the CBI, now he's not.  My thoughts on that are that Maliki deliberately had him removed to get more control over the CBI and thus be able to get more funding for the Iraqi Government from the bank itself

BLAINO UPDATE, 28 FEB

2-28-2013  Intel Guru Blaino: ALL IN THE DINAR WORLD IS MOVING IN OUR DIRECTION...MANY THINGS ARE AFOOT IN THE DINAR WORLD AND ALL THE FOOTSTEPS ARE COMING OUR DIRECTION, CINCH UP YOUR SEATBELTS, I THINK THIS THING IS COMING IN HOT! 

TERRYK CHAT, 28 FEB

12:50 pm est. [Terryk in chat 
Midnight Blue]    If the banks gets the codes tonight, will we know when they open and when will CE begin for us
[TERRYK] NO MIDNIGHT
[TERRYK] THEY GET THE CODES    
[TERRYK] THEY HAVE TO WAIT FOR THE EMAIL
[TERRYK] THE EMAIL ONLY WILL COME AFTER CL SPEAKS
 [TERRYK] SHE THE IMF HAS TO MAKE THE ANNOUNCMENT
[TERRYK] OF THE GOLBAL ECONOMIC RECOVERY PLAN
[TERRYK] THAT TURNS ON THE WORLD
[TERRYK] DOES THAT MAKE SENSE
[Midnight Blue]    TY know i get it
[TERRYK] THIS IS NOT ABOUT THE USA
[TERRYK] THIS IS THE WORLD
[TERRYK] THATS WHY YOU ARE SEEING ALL THE CURRENCIES TAKING A DUMP
[TERRYK] AND THEY WILL KEEP GOING 
[Apostle_2012]    and she speaks tomorrow?
[TERRYK] THATS WHAT I HAVE BEEN TOLD
[TERRYK] THEY HAVE BEEN WAITING FOR JACK LEW TO TAKE OFFICE
[Apostle_2012] Cool
[TERRYK] AND THEY SIGNED HIM TODAY
[TERRYK] FAST PASTE
[TERRYK] NOT DAYS LIKE NORMAL
[TERRYK] THEY RUSHED THIS
[sandinar]    Is the dollar going to devalue and if so should we set up bank accounts with dollars?
[nano36] Yeah for Jack Lew    
[TERRYK] THEY WERE NOT GOING TO SIGN HIM UNTIL NEXT TUESDAY
[TERRYK] THATS WHAT I HAVE BEEN TOLD
[TERRYK] THEY HAVE BEEN WAITING FOR JACK LEW TO TAKE OFFICE

[TERRYK] AND THEY SIGNED HIM TODAY
[TERRYK] FAST PASTE
[TERRYK] NOT DAYS LIKE NORMAL
[TERRYK] THEY RUSHED THIS
[sandinar]    Is the dollar going to devalue and if so should we set up bank accounts with dollars?
 [TERRYK] SO WHEN I GOT THE CALL AND POSTED THEY HAD SIGNED HIM ALREADY
[msjeta1]    what is all this going to do to the sequester?
[Midnight Blue]    Will O still speak? It will be the first time I look forward to hearing what he has to say.    
[TERRYK] DONT KNOW MSJETAL
[TERRYK] I DONT THINK HE IS
[TERRYK] HE WAS GIVEN HIS CHANCE LAST NIGHT ABOUT THIS
[TERRYK] WHAT IM TOLD AND HE DID NOT PICK THAT SPEECH
[TERRYK] THERE WERE 3 SPEECHES
susie] Any chance christine would speak in the middle of the night
[swampyjackpot]    Do you think He will give the speech tomorrow??
[TERRYK] DEPENDS WHERE SHE IS
 [TERRYK] SHE COULD DO IT IN OUR MID NIGHT IF SHE IS OVERSEAS
[TERRYK] WE CANT LOCATE HER EXACT LOCATION
[Apostle_2012] TERRYK. Inyo when do YOU see yourself at the bank?
[TERRYK] SHE HAS A DAMN FAST PLANE
[TERRYK] SHE HAS A DAMN FAST PLANE
[TERRYK] NOW MADAM WU IS TO BE IN RENO
[TERRYK] I WILL NOT BE AT ANY BANK
[TERRYK] WHY WOULD I BE AT A BANK
[noah] Big carbon footprint
[TERRYK] I AM EXCHANGING WITH DINAR BANKER AND DINAR INC
[
[TERRYK] MAYBE NOT SUSIE I HEARD RUMOR SHE WAS GOING THAT DIRECTION
[sandinar]    but can we trust exchanging for dollars?
[TERRYK] WHY NOT
[susie] There was something on reno tv a video of her but I think was old
[TERRYK] MAYBE NOT SUSIE I HEARD RUMOR SHE WAS GOING THAT DIRECTION
[sandinar]    but can we trust exchanging for dollars?
[TERRYK] WHY NOT
[susie] It had tonights date but no date on speech
[Midnight Blue]    Will the rate still rise for the dinar after the initial rate?
[TERRYK] THE DOLLAR WILL BE HERE
[TERRYK] JUST BACKED BY GOLD
[sandinar]    Is the dollar to devalue or do we know?
[TERRYK] DID YOU ALL HEAR FRANK TONIGHT
[TERRYK] ABOUT EXCHANGING YOUR DINAR FOR GOLD 
[TERRYK] SILVER
 [TERRYK] THEY ARE GOING TO OFFER CBI RATES
[TERRYK] WF IS GOING TO CHARGE YOU UP T0 3%
[TERRYK] TO CASH IN
[TERRYK] YOUR EXCHANGING WITH DINAR BANKER
[TERRYK] BIG DIFFERENCE
 [fmc1]    they are offering Market Rate only!
[TERRYK] EXACHANGE IS JUST THAT
[TERRYK] CBI MARKET RATE FMC
[carguy]       Good evening, I am glad to hear your eyes are on the mend. When you say they "signed in" Jack Lew do you mean they swore him in? Or are you referring to being confirmed by the Senate?
[TERRYK] HE IS ON PAPER AS THE NEW MAN

[bamb] Who is the only budget director in history to preside over a budget surplus for three consecutive years? Jacob "Jack" Lew. He's the man. This strategic move by the Obama administration is also a sign being given that the Iraqi Dinar (currency) will soon RI (Reinstated) or RV (Revalue). He once worked for President Clinton and was in charge of the surplus of the Kuwaiti dinar for about three years. He worked for Citigroup at one time. It appears that Jack Lew was also in office when the Kuwaiti dinar revalued! Lew is a budget expert.

[TERRYK] BINGO
 [TERRYK] THANKS BAMB
TERRYK] NOW YOU KNOW WHY I SAID WHAT I DID LAST WEEK ABOUT HIM
[bamb]                http://www.reuters.com/article/2013/02/27/us-usa-congress-lew-idUSBRE91P0KV20130227
Bluedog added: 
http://www.google.com/imgres?imgurl=http://thegooddemocrat.files.wordpress.com/2008/09/deficit7-11-07.gif&imgrefurl=http://thegooddemocrat.wordpress.com/2007/01/23/budget-surpluses-and-deficits-in-graph/&h=655&w=721&sz=36&tbnid=YBNXOQ_5tVGMgM:&tbnh=90&tbnw=99&prev=/search%3Fq%3Ddeficit%2Bclinton%2Bchart%26tbm%3Disch%26tbo%3Du&zoom=1&q=deficit+clinton+chart&usg=__DxUyXq3eSek5fA8dMNhYixhvW0A=&docid=MxXQqCZ0mh5e1M&hl=en&sa=X&ei=9yEbUcilAoj-9QSL2IGIDA&ved=0CDIQ9QEwAQ&dur=0
[bamb] TIME4RVNOW

[TERRYK] OK ALL TIME FOR BED
[TERRYK] GOD BLESS YOU
[TERRYK] SEE YOU TOMORROW
[TERRYK] HOPE TO BRING YOU GOOD NEWS
 [TERRYK] GO RV

__________________________________

TerryK Chat 2/27/13  11:19 PM EST
[TERRYK] OK IM ON A CALL
[TERRYK] DO U WANT TO HEAR ABOUT IT
[Agent 007] yes
[mykitty] yes
[sherkay] yep
[TERRYK] STAY POSITIVE
[noah] yes
8:20 PM [cjswest] Thupterryk 
[TERRYK] I JUST GOT A SOURCE CALLING THAT THE BANKS ARE GET CODES TONIGHT
[TERRYK] TO TELL THEM TO TURN THE CODES ON
[TERRYK] WE SHOULD SEE THIS TOMORROW
[TERRYK] THIS IS MY WF SOURCE
[TERRYK] HE IS WAITING ON THE EMAIL TO GO
[Midnight Blue]    Did you say if and when CL and O will make announcements.
[TERRYK] NO SHE IS MIDNIGHT BLUE
[TERRYK] AND THERE WILL NOT BE ANYTHING POSTED ON TIMES
[TERRYK] OR LOCATION FOR SECURITY REASONS
[TERRYK] DID YOU ALL KNOW THAT JACK LEW TOOK CARE OF THE KUWAIT RV
[TERRYK] THAT WAS JUST SENT TO ME
[Midnight Blue]    That makes sense, but CL is still expected to make an announcement before the codes are released right?
[duffy2] TK: Yes, we heard that today too.
[westf]    wow thank you alot 
[TERRYK] DON?T KNOW
[TERRYK] AND MAYBE NOT
[TERRYK] DID YOU ALL SEE WHAT I JUST POSTED
[dkg] Woooooooo Hoooooooo
[SemperFi] History repeating itself
[arizona49]    28th yippee......thanks TK

Zebari: Iraq would emerge completely from Chapter VII with exception to the technical issues with Kuwait, 28 feb


Zebari: Iraq would emerge completely from Chapter VII with exception to the technical issues with Kuwait

Zebari: paragraphs متعلقتين side Kuwait Tbkien Iraq under Chapter VII
Ali Salman – 02.27.2013 – 12:19 | Hits: 780
Foreign Minister Hoshyar Zebari said Iraq would emerge completely from Chapter VII “except paragraphs relating to the Kuwaiti side.”
He said in his speech, in the celebration of the Kuwaiti Embassy to mark 52 for Holiday Kuwaiti national at the Rashid Hotel yesterday, to the signing of several important agreements where the interests of the two countries in all fields, and stressed that “we are here to celebrate with the brothers Kuwaitis بعيدهم national who has a special flavor after the process of change that took place in Iraq. “
He stressed that today will conduct the first flight between the two countries, because this is the new Iraq, which differs from Iraq dictatorship.
For his part, the Kuwaiti Ambassador to the insured “The two sides have agreed Kuwait and Iraq to shut down all the outstanding issues between them in order to remove Iraq from Chapter VII, and stayed there the technical measures that