Sunday, October 4, 2015


10-4-2015   Newshound/Intel Guru BGG   I was likely mistaken about the Law of 3 presidencies...[see BGG post 10-2-2015] - the one dealing with Maliki is the Law of Advisors (I think)...I was confused about what they were talking about...not uncommon for them to "evolve terms"... and I thought that was what was going on there... they appear to be two different piece of legislation...but all of this is really not the point - Abadi just gave Maliki 48 hours to get out...that is the DEAL.

10-4-2015   Newshound Guru Millionday
    Article quote:  "...a formal letter of Abadi Office arrived to al-Maliki, in this regard, asking him to hand over all public property, which is still occupied, to the official concerned authorities in the Government, within 48 hours..."    HE WAS ORDERED 48 HOURS...THIS IS CURRENT NEWS OF AN ORDER FROM ABADI -- SO WITH TIME CHANGE I WOULD SAY TOMORROW [SUNDAY] OR NEXT MORNING IS HOW LONG HE HAS... THIS IS A FORMAL ORDER THAT WOULD RESULT IN A WARRANT IMO AND BY LAW THAT I HAVE READ.

10-4-2015   Newshound Guru Kaperoni   Article quote:  "Rafidain Bank expressed readiness to cover documentary remittance and emerging companies and traders who import goods from outside Iraq."   ...this is really the same thing as what the CBI instituted back in March. Rather than purchasing foreign exchange through the auctions, merchants use these remittances through their bank (in this case the Rafidain) to do the currency conversion and payment for imports. This method provides the most secure method and justifies the exchange of foreign currency (know your customer). The end result is a reduction of criminal activities such as money laundering and hopefully reduces the demand on the CBI's reserves.

10-4-2015   Newshound Guru Millionday
   Article quote:  "Rafidain Bank announced its readiness to cover documentary remittance and emerging companies and traders who import goods from outside Iraq."   THIS IS HUGE AND IS THE BEGINNING OF A MARKET ECONOMY -- TRADE -- DOCUMENTARY REMITTANCE.  THIS IS A HUGE STEP TO ACTIVATE THE ECONOMY WHICH GOES WITH THE PRIVATE SECTOR -- INVESTORS ETC. THIS IS THE ANNOUNCEMENT THEY ARE READY -- NOT PREPARING.  VERY GOOD NEWS.

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