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DINARESGURUS.BLOGSPOT.COM_________________ _______

Monday, January 5, 2015

MILLIONDAY & TERRYK TIDBITS, 5 JAN

1-5-15 Millionday: Article quote: "Parliamentary Finance Committee announced that it will be completed today to discuss the federal budget for next year as a prelude to read within the parliament in session on Wednesday.WE DID SEE A REPORT THAT THEY PLAN TO READ AND VOTE IN THE SAME DAY...WHICH IS SCHEDULED WED.[Does this also have to be posted in the Gazette to be official? Any idea on a timeline if it does?] IT WILL BE PRINTED RIGHT AWAY AND HAS BEEN PRINTED IN THE PARLIAMENT SITE AS WELL. 

1-5-15 
TerryK: RI RV IS KNOCKING AT OUR DOOR. [Do you think we will get the RI first? Will that be at the $3.00+ rate? If so, then when do you think it will go up to a good rate like $6 to $8?]

THIS IS HOW IT WAS PUT TO ME BY MY UST/IMF CONTACTS WHICH THEY BOTH AGREED. WE MOST LIKELY WILL SEE THE RI WHICH WILL MEET WITH THE KUWAIT AGREEMENTS NOT TO EXCEED .50 BELOW OR ABOVE THE KUWAIT CURRENCY, THIS IS IN CHAPTER 7 AGREEMENT.

AFTER 48-72 HOURS THEY ARE OR MAY RV THE CURRENCY BASED ON NEW VALUE. AFTER THAT YOU MAY SEE THE FLOAT NOT TO EXCEED 2%.  WHAT I'M HEARING IS 3.56...THEN 8.16 WITH A MANAGED FLOAT.

KTFA CHAT UPDATE, 5 JAN

KTFA:

DELTA » January 5th, 2015, 3:55 pm  HI FAMILY:   ESX Website Update!!!

ERBIL STOCK EXCHANGE NEW LOOK!!!   http://www.erbil-esx.com/

Frank26:    DELTA ......... Only bring this GOI REPORT and Erbil Stock Exchange Report for tonight.   TY Sir.   KTFA,   Frank

moneytalks1 : 
 HI delta and happy new year!!!   Thanx for bringing the ERBIL STOCK EXCHANGE NEW LOOK!!! into focus. I assume that have no International rate-yet!!??
Don't they have an international trading platform software? I have looked at the website already.  Thanx, Delta

DELTA: HAPPY NEW YEAR!!!   THAT'S WHY I BROUGHT THE SUBJECT UP.... THEY ARE WAITING FOR THE RATE LIKE ISX.
....
**********

Frank26:  Our TEAMS are like The Lava Flow we study or like a fast moving stream in Colorado.

Tonight's CC format is as follows:

#1. 7 to 8 .......... Investment night.

#2. 8 to 9........... MR/IQD Studies.

#3. 9 to ? ........... Prayer Hour.

#1. A new thought.

#2. IMO 6 of 9 .......... One is : Lower Demons are FINALLY getting very hard to find. Going to other countries as sources but price is much higher. Which ones? Share with You tonight.

ANOTHER : I will not be found in the 4th week of this Month called January. NO CCs ....... NO Frank26.

MORE TONIGHT: They want MORE SECURITY........ IMF Loan ??? ......BLOOD MOONS .... etc.

  KTFA,   Frank

JOHN MACHAFFIE & POPPY3 UPDATES, 5 JAN

John MacHaffie:

RV INTEL/RUMORS


WORLD’S FINANCIAL MINISTERS MEETING IN WASHINGTON DC. WHEN OVER AT 6:00 PM, THE RV SWITCH MAY BE PULLED.

RI TO SHOW UP FIRST ON THE BANK SCREENS.

THE PUBLIC SHOULD SHOW UP TOMORROW AT THE BANKS FOR EXCHANGES.


Poppy3 HERE IS THE LATEST I HEARD TODAY AS A RUMOR BUT HAVE TWO OTHER PEEPS TRYING TO VERIFY.

CALL ACTUALLY LAST NIGHT SAID VN [VIETNAM] MINISTER OF FINANCE TOLD BANKERS THEY WHERE PLANNING TO HAVE A RATE CHANGE SOONER THAN EXPECTED 6 MONTHS AGO...BEFORE 6 MONTHS AGO HE SAID 14 TO 18 MONTHS.

I SHOULD HAVE DIRECT INFORMATION OF CONFIRMATION FROM INTERNATIONAL BUYERS TOMORROW SOMETIME SO AS OF RIGHT NOW IT IS JUST RUMOR. ...

I AM EXCITED. THE DONG WOULD JUST SWEETEN THE PIE AND I HAD WRITTEN IT OFF FOR AT LEAST 18 MONTHS NOW THE POSSIBILITIES OF SOONER IS GREAT.

TNT CC NOTES, 5 JAN

TNT Call notes 5-Jan-2015

Tony:  Good morning, TNT!  Today is Monday, January 5, 2015.  No way we should be here, but we are here.  We’ll let you know what’s going on and go from there. This is our second call in the new year. 
It could have been an exciting weekend. Iraq wanted to go on Sunday and the US wants them to go on Tuesday, and I wish they could have split the difference and gone today!
DC:  We are looking on 2-3 specific issues now.  Everything was ramped up and ready to go, then they had minor budgetary issues and some other issues with the amnesty laws that didn’t’ appeal to the US.  Iraq put together a proposal that was completed on Friday, and initially everyone (in the US, etc.) agreed but wanted to study and tweak it. They did that on Saturday and Sunday, and we believe they have worked it all out. Why the caveat? Because a few of our sources are assisting and we haven’t heard back from there (as of Sunday midday).  But what’s nice is that other folks we talk to have also said that they have all agreed and we are ramping back up again and getting the whole system ready.  So we believe that the amnesty questions have been solved or close to it.
When they paused it for amnesty, they stopped a lot of things and they have to get a lot of actions started again and ramped back up. They are talking about exact times, running some tests on Sunday night and again today.  We hope they are the final ones, but they have to get these done.
Normally, Iraq notified everyone, the CBI says “we’ll do it in this window” and they run procedural tests to make sure everything still works.  We hope to God this is the final run, and the signals indicate it did get done. We do keep asking if there is any other possible block, and only positive stuff has come back.  I’m being told that I’m nitpicking this too much, and that’s coming from the guys who have been doing the nitpicking in general!
Tony:  it’s basically what we have discussed.  Yes, amnesty IS the issue, because…
DC:  A bunch of Sunnis were wrongly imprisoned by Maliki and US-led forces because of informants and tribal tensions.  Some have been released. There are another 1,000 or so rock-throwers, and they were released as well.  The other aspects are Ba’athist issues under Saddam Hussein that still haven’t been solved;  also, there were two major sticking points that everyone thought were already solved, including Iraq:  what to do with Maliki himself and his more influential followers.  This is about corruption charges, rape and torture centers, and prisons run by these same people.  Some are still in power, so it’s a bit awkward. There are also basically good people who were stuck in a bad spot, having to follow orders or whatever, and it’s really pointless bringing them up before the world court.  Iraq wanted to slap them on the wriest and removed from public service. Iraq doesn’t want the International Court holding major trials with Maliki, and they seem to have worked out a compromise.  Iraq put that on the table Thursday and Friday, the initial view was agreement.  China wants to push this forward, the US said they were good with it, and the Europeans want a few points to be tweaked. They were the ones to study this further, came back with a few recommendations, and everyone agreed.
Why is this important? A ton of money will be flowing to Iraq, and we need to make sure it doesn’t end up in corrupt hands.  It was also a delay tactic by a few people, used to justify these few changes.  Now everyone is back on board, getting things ready.
Tony:  Do you believe them?
DC:  I believe that process was followed, that the US has agreed to the new plan, and that everyone is agreeing to the few modifications by the Europeans. It think we are all nervous in case something else is out there.  I think we are all looking out for anyone jacking this around further. This was a minor issue that really annoyed everyone, and I truly help this is the end of it.  That’s the hesitation – is this the end of it or not?
Tony:  We went through the weekend. Most said that it was resolved.  On Iraqi television right now, they say the budget is being revealed this month, that there are only minor issues that can be resolved in the Cabinet of Ministers. They have already said that once the budget is implemented, the economic reform will follow immediately – this month. That is what the Iraqi people here, and everyone is trying to implement.  We have already been given a date when it is supposed to be implemented, so they are going that far in intel circles, but not to the people.
DC:  In the UK over the weekend, all banks were allowing interbank exchanges, and also to exchange a few more key people. That happened in the UK and a few other European countries. We are assuming that other countries were allowed to do that as well.  I have not heard of exchanges this weekend in the US, but there were in other countries, relating to dinar only, not the other currencies.
Tony:  This is the first time the rates went live in the UK, and it was $3.89 (US).  We know people scheduled to exchange today.  They are anticipating that this is going through.
DC:  We know people in other countries who are scheduled to exchange as well. The amnesty changes were updated on Thursday and Friday, the initial review was positive, they had two rounds of tweaks, and we think it is fine… and this is shown because some people exchanged over the weekend and today in the UK and Europe.  China is pushing this hard now; they are tired of waiting around for this, and they want it to get done now.
In the USA, the banks were told on Friday to ramp up for possibly Tuesday, the earliest the US through they would be ready and Iraq was early. Some banks are ramping up, and others are waiting to see.  Each bank will handle its own exchanges;  some will only get deposits from others.  Some will exchange through the old Bank of Ireland system, which is basically Wells Fargo.  The administration folks are ready, especially after the harsh words said about them after the amnesty delays.  The Senate is sworn in tomorrow, and that is not really relevant, but it does add a bit of pressure on a President who wants to get things done and a Republican Senate that wants to flex its muscles and prove that it can govern.  Why does this matter to the RV?  They might be in magnanimous mode, or at least leaning in more than in the last six years when they have been adversarial. They are looking at each other now rather than throwing things.
Tony:  We did get a time frame from Iraq, and they didn’t say it to their people so I don’t think we should give it out either.  I don’t’ want everyone to get excited, but the word we get is that it will still be this weekend. I’d be shocked if it was released today;  I’m looking for it from Tuesday on.  Unless, of course, someone comes up with a totally different scenario, because this one is done.
503 caller:  Is the plan still an RI first?
DC:  People like to debate if it’s an RI or an RV.  According to Shabibi, a reinstatement restores the dinar to its former level, which would be $3.22 plus inflation.  They can then have an RV later through political forces or just by buying everything off the bottom and forcing it up.  We believe that the contract rates will still apply because they come from another country.  We think the Contract pool will be exhausted by the time the RV comes around.  For years, the RI and RV where synonymous, but Shabibi has gone back to the old RI / RV state. That doesn’t change the situation with China, but the language wasn’t written for an RI.
Caller:  If they go with an RI, will the GCR still happen right away?
DC:  The CGR was originally planned for 5-7 days, although originally they wanted a month.  The flavor of the hour is that they would like at least seven days, but it’s up to the banks if they want to exchange the dinar first and hold the price steady while the dinar goes through.  The other countries that are going to be proper up with the dinar would like all the currencies to go in the same basket, while the banks want to spread it out to get people through the door in an orderly way and spread out the economic impact.
Tony:  Let’s say they RI – rate will be about $3.85.  If the banks give everyone that rate, or even $3.58, who cares it if RVs at all?  On the other hand, if they give me the $3.58, and I know the RV hasn’t happened and it’s going to run up to $6, do I then reinvest?  Am I the catalyst to drive the market up to $12-15?  That’s an option, so I have to think about it.  From that perspective, I would prefer the RI, then the RV, and then I can take international rates and not even sign an NDA.  And if they do the RI and the RV but not the GCR, do I then have some serious options with respect to the other 200 currencies?
DC:  You will have some incredible options, for sure.  You don’t want to micromanage that level of investments, but there will be some terrific options. Some say, “Not if the GCR is a couple of months out…”  However, the market is pretty powerful.  If you hold down those currencies artificially, you cannot hold them for long because the market will naturally force a GCR.  If you hold it down, when you lift your hand, it will pop up, and that is what they want to avoid by having a GCR, which is simply a currency adjustment to the change in value of the Iraqi dinar.
Tony:  They could change the rules.  Is it an option for the banks or trading houses to buy some of these other currencies?  They are going to trade in these currencies! 
DC:  Right – if you aren’t allowed to buy dong, for instance, you can invest in the Vietnamese Stock Exchange.  There are many ways to skin that cat. If they do just one currency at a time, we are going to have a field day!
Tony:  It just doesn’t make sense to me – they should know people are not that stupid!  Where do they get these ideas?
202 caller:  I have some money in reserves, with only one more payment left.  If this happens before I make that payment, does that affect my taxes.
DC:  Yes. We are told that this will go through the normal tax code.  You have to check with your tax attorney as to when the reserves count.  If you have been paying 10% increments, do you ‘own’ 10% at a time?  It makes a difference to the tax you pay.
Caller:  I bought some currency for a friend;  do I need to write a gift letter, or just give them the receipt (because they gave me the money).
DC: You can never go wrong with too much documentation.  Write a notarized letter saying they gave you the money and you bought the currency and gave it to them.
337 caller:  [Appreciation]  How do oil prices affect the value of the RV?
Tony:  It won’t affect us at all because they already have a rate.
Caller:  But it will affect the Middle East, right?
DC:  It will reduce the price of oil there and also in the US.  Most of Iraq’s oil has already been bought by China.  A few other countries will buy the rest, and we don’t know who will buy the natural gas.  If the price goes much lower, they may have to adjust the budget, but that will be long after the RV and our exchanges.
Tony:  Why is China buying all the oil?
DC:  China has about 300,000 barrels per day in their own production.  They are consuming much more than that – they are the biggest consumers out there with relatively little in-country. There are not enough sources left, so they are making a deal with Iraq. Also, with the credits, Iraqi oil is in a sale, so to speak. China has the cash, so they are buying oil at the sale price from Iraq – because they can.
508 caller:  [Appreciation]  What are the rates for the dinar and the dong?  I know $3.58 or so is the RI rate or international rate.  What is the dong rate?  And do they have to wait for Iraq?
DC:  Yes, Iraq is the kingpin, and the other countries have to wait until Iraq is solid. We don’t know how long that will take!  At least you have dinar, so you should be fine.
Tony:  We don’t know what they will do. We do know they are listening to this call, and if we give you ideas or solutions to problems, then they try to ensure that becomes “Mission Impossible”. If we find loopholes, they try to close them.
DC:  They keep changing their minds because they’re adapting to a changing situation.  They are doing the best they can dealing with so many opinions, trying to make this work.
Tony: We do know, but it keeps changing on us (and everyone else).
DC:  In the past, the US was the majority of the delaying tactics, with Iraq as the rest (esp. Maliki and his clan).  Now we are told the US is supporting this getting done now.
508 caller:  How exactly does everything tie to the dinar?
DC: This revaluation and the other change in currencies depends on Iraq having such a vast oil reserves.  So this supports bringing the currency back up to what it was.  When the Obama administration came onboard, and the other countries said, “If you are revaluing Iraq, we’d like to revalue Vietnam” and a few other undervalued countries.  Vietnam has bought a lot of Iraqi dinar;  they weren’t planning to revalue the dong for several years, and because of speculation that was hurting the process, they speeded up the process to catch up with Iraq progress. That’s why Iraq is the foundation…
Tony:  I’m not responsible for any of that!  During the Kuwait war and the Clinton admin the US did the same thing – they suppressed the local currency, revalued it, and that gave the US a surplus and made a lot of people rich. Then they wanted to do the same with Iraq, reducing their debt with the other currencies so that dinar would worth even more, and get those countries out of debt.  The revalued currencies are also part of Basel III, and they are using Iraqi dinar as the foundation of their currency reserves.
Caller:  Christine LaGarde has said twice that there is no such thing as a GCR…
DC:  They say that in public, but behind the scenes it is different.  They have “a long overdue currency alignment to justify BRIC alignment to the modern environment.” That is a GCR.
Caller:  As far as the currency brokers, how soon will the brokers know when this pops?
DC:  It will take less than two minutes. Their sites will go down, they will change the rates, and their sites will come back up. 
Tony:  In the past, they have got memos to prepare for this but it didn’t happen. Travelex has actually shown us the document telling them to get ready for this.
585 caller:  Now that you announced the strategy for us to get uber-wealthy, will they change their plan?
DC:  It’s about how much are you going to micromanage this?  Let’s say this goes tonight, just a hypothetical example.  How long will it take to make an appointment?  How long past that will you receive your cash?   It will take you to Friday at least.   How many of us are 100% ready to implement their plans and strategies?  Not many.  You can also slow down the currency exchanges. Right now, we understand that there is some flexibility in the 7-10 days, and alert people might make more in that time.
Caller:  In the percentage of the internet people, how much of the contract rates are still available?
DC:  When I checked back in April, they had accounted for 35% of the contract pool.  What we don’t know is how that was divided up, and also how much has been used up since 31. October.  A contract rate is anything over $3.58. Some of the contract pool was taken up in 90 cent exchanges, especially churches that exchanged early.  The banks then make money on the spread.
Tony: Now that number is out there, you have to realize that 35% “of the public” could mean 35% of five million, or 35% of Dinarland…
DC:   China was allowed to purchase a trillion dinar for the contract rates so they can get cheap oil. They could then make deals with different groups. However, the deals made a year ago with all those high rates were counted against that pool.  We went to bat because it wasn’t fair to us.  A lot of the dinar had already been purchased, so they came back and said they could do about 35% to ordinary people.  So that implies 350 million dinar would be available.  At first they said that people could exchange as much as they wanted, but in the interest of fairness, they ended up with a cap of 50 million dinar and 50 million dong.  That allows more people to have access to the contract rates.  There may have been some arm-twisting gong on to get those results.
Caller:  There is an article saying that the budget will be finalized on the 20th. Is that just to keep the waters calm, or will it really go that long?
DC: They are just as impatient as we are.  They are saying “Come on, let’s do this!”
Caller:  If this administration would do more to help those us invested in this rather than keeping it from us, that would really help the USA. [Appreciation]  I am sure that if you weren’t here helping us, you could have exchange by now!
602 caller:  I know that influential people in the US and Iraq are listening, and I want to tell Iraq NOT to listen to the US; we’ve have 100 years to get this country right and we have more homeless than you do.  Iraq, make your country strong by yourself.  US, keep your nose out of other people’s business.  If some people have already exchanged four currencies, how can they NOT have all four go at the same time?
DC:  How can all these people be paid already and them not have the GCR? Lately, since October 31st, the Central Bank of Iraq where allowed to give credit to the banks, just as the banks will credit us. That process started then, and you could argue that the RI has already happened.  For the dong, zim, and rupiah, their governments are giving forward based contracts based on the anticipated change in value of those purchases.  Some very wealthy individuals are buying these currencies at a discounted rate.  Forward based contracts are rich people or entities making a speculative play, and that has been going for a year up until 31. October, 2014 for the dinar.  There is advantageous for the banks, and they hide it through making people sign NDAs.  That puts pressure on all sides to actually do the RV and the GCR. People will not be happy if there is a clawback on that money, and they don’t anticipate that happening.
Caller:  I do hope this current window is very small, without Acts of God to interfere.
Tony:  The window is open for more than an hour, so who knows?
601 caller:  DC mentioned most areas with military bases will have exchange centers.  I live right out Camp Shelby – is that big enough to have an exchange center there?
DC: I think the bank on base will;  I don’t know if they will allow non-military to use it. Otherwise, check for tier one banks in your area, especially Wells Fargo.
Caller:  You also said that we might just pay regular capital gains, long and short term. What percentage would that be, and will they use your current tax bracket?
DC:  Long-term capital gains is over a year, and the federal rate is 23.8% I think, plus state income tax.  Short-term is under a year, and federal rate is 28% plus state tax.
Caller:  Will they still use your existing tax bracket…?
DC:  You will have to pay your normal income tax.  We are not tax advisors, but most will end up paying the highest rate of income tax. That’s why we recommend you figure out the federal and state tax rates, and set that amount aside until this is resolved.
925 caller:  [Appreciation]  I have no idea how you manage to stay married through all this.  [Tony:  It’s more about staying married after this!]
DC:  When we got the call that it would got on the 1st, and then it got pulled for the amnesty issue, my wife pouted for a day and a half!  She also doesn’t understand how, with my contacts, I cannot get exchanged.  It’s not all wine and roses at my house.
Caller:  I don’t quite understand why there is such a range on the dong rate.
DC:  We heard that most of October, the dong was in the $2 range, then it was adjusted to $1.02, international rate.
Tony:  I just tell them the dong rate is .47, so they don’t get over-excited.
Caller:  Do you think there will still be some currencies in the second basket?
Tony:  Where is my list?  <joke>  We do know that there will be some in a second basket, but we’re not allowed to tell you.
Caller:  What would you do if there are no contract rates, and you’re not a gambler?
DC:  Take the money and run. The international rate is still terrific.
Caller:  Is there still opportunity to pay less tax according to which rate you take?
DC:  There has been time to learn about tax strategies and also those who are not used to paying quarterly taxes have a year to get their team together and create better tax strategies.  I know in the past some said that some rates would have no taxes, but frankly I can’t get my head around that.
Caller:  Thank you!  Stay married!
Tony:  Apart from the fact I love my wife, it will be very expensive to split up afterwards!  We are having a birthday party for Mrs. Renfrow this week…
DC:  It’s my 14th anniversary tomorrow, so it should be a great week altogether!
301 caller:  I heard that one of the MPs said they will not be implementing the budget.
DC: I know that MP – she is associated with Maliki, and she’s always causing trouble.  She is not endorsing the 2015 budget, but it’s already passed, so that doesn’t matter.  There are a few tweaks that are not that important, but they don’t want to look like idiots if the global guys say they cannot implement the budget or use the new rate.  She is one of those folks who just likes to get on their favorite station and spout all that hard-core action, like Ted Cruz on the right and someone else hardline on the left. 
Tony:  The budget has been passed, and will be implemented before the 20th – and I’m just using that date because your mentioned it. They already scheduled it five times in the last month, and someone blocked it.  We’ve been told that they have cleared the last obstacle, so we hope this is the right time now.
775 caller:  My Christmas tree is still up, and I hope the Easter Bunny won’t leave eggs under it.  Also, it sounds like we need to know which bank we want before getting the 800 numbers.  Will you put out the 800 numbers?
Tony:  You won’t be putting Valentines under it either.
DC:  Some banks don’t want to deal with any problems;  some want to pick their own customers.  Wells Fargo has to accept everyone, so they will have 800 numbers.  Other banks might have qualifications like “over this amount” or “living in this area”.  Nobody  knows what they are, or who to call.
Tony:  If there are no 800 numbers for five million people, and they suspect the banks may have different rates, then EACH bank will have five million calls, and that is going to be massively confusing for the people and for the banks.  The foreign currency departments are going to go crazy not knowing if people are qualified or whatever.  Most people will call their existing banks, but it would make much more sense to have a central exchange. And then they expect people NOT to tell others what rate they got?
DC:  The banks are thinking this through for their own policies, but most tier 2 and tier 3 banks are finding it too painful and decided not to take part.   Every bank can their own plan, so that is going to be confusing if BoA only takes these, and Citi only wants those.  There really should have a better process worked out. We don’t take it personally, but some of the central people still don’t like us, and we don’t know what they’ll tell us.
Tony:  We are just trying to help people do this smoothly.  If each bank tries to handle this separately, it’s going to be chaos. We don’t know until we get the package.  I hope we will get a good explanation, and to explain it to you before you have to call anyone.
830 caller:  DC, you’ll in Texas, right?
DC:  I think the NDA will restrict what meetings we can attend afterwards, though.
Caller:  The contract rate situation is still clear as mud.  It doesn’t make sense. You mentioned something about spread, and all, but I don’t understand. Why cannot China just accumulate a lot of this cheap dinar;  why would they pay us a premium?
DC:  Part of the exchange process for the dinar is that each country that fought in the Iraqi war have a certain amount of dinar they can buy.  Those who had the most people in the fight were able to get the most dinar, and the US has the most of all. Those who were not in the fight, like China, also need to buy a lot of oil, so they wanted to participate in this plan. They were told they could buy it at a discount, and China had to follow a certain process; they can buy the dinar from an ordinary US citizen, each serial number is accounted for, the dinar is then destroyed, and China would get credit with which to buy oil.  Other countries could do this, but China is the biggest consumer.  They had to buy it from us in order to get those oil credits, and that’s why the contract rates are in place and important.  If they don’t follow a specific provenance – from printing to Iraq to a known distributor to a specific currency dealer to, say, me in Austin – if it doesn’t follow that process, it doesn’t count for china.
Tony:  We know the rate, we know how much the US gets paid in order for China to get those oil credits, and all the rest. However, the banks are saying this is a scam and it’s never going to happen! It’s the government that set this whole procedure up!
Caller:  So China cannot just go out, buy dinar from Iraq, and stockpile it.
DC:  You can do that, but China cannot. Some countries do have dinar in foreign reserves, because Iraq said that for the first year you can only do this amount, and only 1-2% per year afterwards. They did that with the coalition partners, and also countries like China and Russia. 
Tony:  So it’s a question of how much they relieved Iraq of debt, as a percentage of their participation in the Iraqi war;  they are receiving dinar in the same proportion.
301 caller:  This is my first time!  It’s a great way to start the year.  I spoke with Sterling today, and the lady said ‘as soon as they announce the final time, then they can change their rate on their screen and we can start exchanging.” But you are saying they are not starting Forex or ISX for ten days…
DC:  The exchangers also take their cues from the US treasury.  They are not selling dinar back through distributors, but directly to the CBI or UST.  So it’s on their checklist to make sure Sterling, dealers, exchangers and banks are notified at the same time.
Tony:  As soon as they change the rates on their sites, you can put in your sale order.
Caller:  She told me to call them as I don’t have a computer.  Hope to see you in Vegas!  Or Tony, will you have a Sacramento meet-and-greet?
Tony:  We don’t know if we’ll be able to do the events – it goes back and forth. DC is doubtful they will let our site stay open.  I don’t know what they will let us do.  They will have to leave the site up for a while so we can give out the information…
DC:  I think anything related to dinar will be eliminated from the internet.  We are told by the bankers that the exchange process will be very simple.
Caller:  I heard an alternative NDA today, and I would never make the agreement you are planning to make…
Tony:  I agreed to do some things so that we could continue to give you all information. I have to read through it, and I’m sure there are things I won’t agree with.  But DC tells me that I will have to sign it whether I agree or not. But I’ll read it first!
360 caller:  Happy New Year!  You said a few weeks ago that there are not many dinar holders in Washington and Oregon.  Where should we go to exchange?
DC:  You will probably have to go to your nearest Wells Fargo.  If there are over 100,00 in your town, there will probably be an exchange center.  If not, you might have to call around.  We will try to direct you as best we can, but we may be shut down swiftly.  If we cannot post those 800 numbers, call your closest WF.  This is why it is so important to get that package out, to keep everyone calm and move this through smoothly.
Caller:  You talk about tier 1 and tier 2 banks, and my local bankers couldn’t explain it.
DC:  Tier 1 means there are assets over 100 million dollars. Tier 2 has 10-100 million and below 10,000,000 means tier 3. Really we’re talking about banks with their own foreign currency departments. Most don’t because they don’t need to do it. 
Caller:  So a credit union would be tier 3.  I’ll have to exchange at WF, and transfer the funds back to my credit union? 
DC:  Wells Fargo owns the old Bank of Ireland system, so most tier 2 and 3 banks train people to use the WF remote system to exchange foreign currency.  I hope and pray exchanges will happen this week.
In summary, we believe and we are pretty certain that the amnesty stuff was completed by Iraq and accepted by the US, China and IMF countries. They are restarting the ramp up process. The finance ministry and CBI is targeting this week and they’re so ready to get this done.  We understand all parties are supportive;  if that changes, we’ll update.
Pam:  There is a neon light at the end of the tunnel… Blake Shelton said that.
Ray:  Continue to enjoy Marvelous Monday!  Take care, everyone.
Tony: They are telling their people only minor issues need to be fixed.  In the back-ground we are told they are attempting to implement this in the next week.  Everyone is saying they are ready.  Iraq is doing everything they possibly can to get this done.  There has been a big push from China, and MPs have been saying “go, go, go”.  They have promised this budget to their own people, and when it doesn’t got through, it makes them look inept or like US puppets.  If we have to do the call on Wednesday, I’m sure we’ll have 100% positive information and we’ll go from there. If anything changes, we’ll tweet it out!

SUNNY POST FROM TNT: TONY'S CLIFF NOTES, 5 JAN

Highlights of Tony's call today.  Will be updated as call progresses - Sunny

Tony:  WE DID GET a time frame from Iraq, not the US, and I'm not saying it cuz they didn't say it to their people. Not top secret info.  From Tuesday on I would be looking for it.

DC:  Question that makes me nervous is what else is out there?   Keep asking if there is a sneaker in their and have nothing but positive stuff asking for 6 days. Told I'm nit picking and that's coming from the guys doing the nit picking.

IRAQ: Update on Amnestyissue: Iraq doesn't want an International  court involved. Iraq along with several other countries put together a proposal on last Tuesday evening that has been approved upon initial review. It was tweaked over the weekend.  The guys believe it’s all worked out.   We are waiting on the final confirmation

  • CBI:  Dr. Shababbi saying RI   (reinstatement) of old currency value at $3.22.   DC believes contract rate will still be good.  Unknown if have to wait for RV to happen or will the RV occur with the RI.   DC says original plan was for GCR to follow the Iraq RV in 15 days. Now he said, it’s up to the banks when the GCR (other currencies) revalue.  
  • RI/RV Signal:  Their web site will go down; change the rate and come back up.
Tony:  If they are giving us 3.89 who cares if it RI's or RV's?  DC - RI gives more options and no NDA.  T - Do I have serious options to buy other currencies if they wait to go?  DC - You have some incredible options.  If that happens we will have definite options to play with.  

  • TV/MEDIA: On Iraq TV saying "budget will be revealed this month; small issues needing to be addressed and solved in cabinet meetings with no issues."  Previously told them, when budget is released economic reform will take place.

  • Ramping Up means when they paused this for the amnesty negotiations, they stopped some things and now they have to get the actions going again. Definitely going on right now doing Procedural and technical tests.  DC: We pray to God that it did indeed get done. 

INTERNATIONAL:  In UK over the weekend all banks were allowed some inter bank exchanges.  Also in some European countries.  Rate was $3.89.   Tony: know people who are scheduled for today. 

DC: know some folks in Germany scheduled to do same thing.  China very antsy and have the most oil credits. They would like to get this done and tired of waiting around for this
UNITED STATES: - President Obama wants to get some things done before his term is over and the GOP wants to prove they can govern.
  • Banks:  USA banks told on Friday to ramp up as early as Tuesday.
  • Contract Rate:  They were figuring 35% of the contract money to be available for the "normal" folks.  Unknown how that is calculated.  Churches were counted in those contract rates.  It could be 35% of 5 million or dinarland or 7,000 people. 
  • Rates:  Dinar, $3.56/$3.58.   Dong,  

JCR3758 TWEETS, 5 JAN

@JCR3758: Good morning everyone! Intel coming in slow but nothing negative. We are still moving forward.

@JCR3758: In the past few days we have heard/read different opinions & statements of where we are with respect to the RV. Expected confusion.

@JCR3758: There are some facts mixed w speculation & fear. Again expected. We're very near the conclusion of this. Some Intel providers are restricted

@JCR3758: Final details are being worked on, like the timing. Most things are completely done. CBI/Shabibi & GOI/Abadi are working together on this.

@JCR3758: US is not holding it up but still trying to dictate where they have no real control. They want recognition plus a big slice of the pie.

@JCR3758: China is pushing for the release in the coming days. They have support & will not back down. The UN concurs that Iraq merits it.

@JCR3758: It's highly expected that the release should start for the public around mid month. It could happen sooner. No specific date/rate intended

TERRYK, POPPY3 & BGG UPDATES, 5 JAN

1-5-2015   Intel Guru TerryK    SOURCE...IS TELLING ME HE IS HEARING RUMBLES THAT WE MAY SEE SOMETHING HAPPEN TONIGHT WITH REGARDS TO A RI.

1-5-2015   Intel/Newshound Guru Poppy3
   HERE IS THE LATEST I HEARD TODAY AS A RUMOR BUT HAVE TWO OTHER PEEPS TRYING TO VERIFY. CALL ACTUALLY LAST NIGHT SAID VN [VIETNAM] MINISTER OF FINANCE TOLD BANKERS THEY WHERE PLANNING TO HAVE A RATE CHANGE SOONER THAN EXPECTED 6 MONTHS AGO...BEFORE 6 MONTHS AGO HE SAID 14 TO 18 MONTHS.  I SHOULD HAVE DIRECT INFORMATION OF CONFIRMATION FROM INTERNATIONAL BUYERS TOMORROW SOMETIME SO AS OF RIGHT NOW IT IS JUST RUMOR.  ...I AM EXCITED. THE DONG WOULD JUST SWEETEN THE PIE AND I HAD WRITTEN IT OFF FOR AT LEAST 18 MONTHS NOW THE POSSIBILITIES OF SOONER IS GREAT. 

1-5-2015   Newshound/Intel Guru BGG 
  Some very interesting findings by Enorrste [reference Enorrste's post 1-4-2015]...according to him the 90 day rule doesn't apply to Iraq... which is what I was implying would probably happen...If I understand this correctly (and I think I do...) they are neither a "fixed" or "floating" regime... I have referred to it as a "managed regime" - as it has been since 2003...it would appear once they make the initial jump they can make additional changes every 90 days and still be in IMF compliance...which I can easily see happening.

MNT. GOAT UPDATE : THE PRESSURE IS BUILDING?, 5 JAN

UU4321 – “The Pressure is Building?”  by Mnt Goat

Hi Everyone,

Holidays are over and Meine Kinder are back in school this week. It was a nice season of joy, goodwill and prayers. I wish everyone else also enjoyed it. Here now in Bavaria we are geared up for winter sports in the snow and many are now taking mini holidays from the north and surrounding countries. Business is good !

Today I wanted to give everyone a very brief news letter !  I hope everyone also read my last news letters dated 12/31  since this is a continuation of this ongoing saga of getting this 2015 budget bill passed thus showing us the way to the RV event.

If you are one of my readers skipping to read only the Summary section I highly recommend you DO NOT and take the time to read the entire news. There is so much valuable information in the content of my news letter and you will be missing so much if you read only the summary. Sometimes it is not so much what I say but how I say it. It is difficult to put emotions sometimes in writing but I try. This is important to note. This may be the reason why these same readers always have the questions and fill up my inbox. These questions can easily be answered if you only read my entire news letters. This is why I take the time to write them. So as a compromise I too will attempt to make the news letters shorter.

Okay – can we all please do that going forward? I will not be doing anymore “spoon feeding”.
Today’s News
So we all should know that the first reading of the 2015 budget was completed on Dec 25th and at this time it was announced that the second reading and voting would take place onJan 7th .  Originally Haji Ahmad, from the finance committee, said it would take until Jan 20th to get it all straightened out but they moved the date up to Jan 7th. Why? We have been all waiting in anticipation.

Well today is Jan 5th  already and Iraq said yesterday (Sunday 1/4)  they are still on target to hold this session of parliament for tomorrow, on Jan 7th .  This is only 2 days from now.  Will something go wrong?

The plan is still to conduct the second reading and vote during this same session. They are also still saying they plan to fully implement the budget at this time as it will be posted in the gazette. The budget will be retroactive to Jan 1st when it does come out.

Will they push it out again and how far in January dare they push this out again? Seems they already used up all their trump cards and aces in their hand. The international investment community is getting excited.

Remember too what I have told you as to the reason this final date keeps getting pushed out. There is actually nothing more to do with the budget. It is all about the USA wanted more out of Iraq until the final rollout of the currency will happen. It is pure interference and manipulation of Iraqi politics. Some good some foolishness. When will it all end?

There was a very confusing article on this topic that came out on Sunday and so I wanted to clarify for everyone the situation has not changed.

Remember also it is the parliamentary finance budget committee that puts together the budget with input from the ministers (Abadi’s cabinet of ministers) and not the CBI. The CBI is just a bank thus called the Central Bank of Iraq. They do not formulate the budget or have anything to do with it prior to it being passed by the house. However the CBI, being the keeper of the Iraq funds, will request dispensing of the funds to the Iraq banks where it will be dispersed to the contractors as approved in the budget and contracts written by the ministers. The clincher is literally hundreds of large contracts are pending and many effective Jan 1st.

There has to be a full accountability and transparency of funds going forward. Abadi has made this very clear. So do not be surprised if once the budget is passed it is a day or so until we hear about any funds being dispersed and full implementation. We may see the RV prior to this.

Now some really excellent news –
Also on Sunday 1/4 news from the finance committee was reported that the GOI has approved the second payment of  $1,300,000,000,000 dinars to the Kurdistan region as part of the oil revenue sharing for late December and the month of January. Why is this such great news?

It confirms that the 2015 budget is all but a done deal. It proves that HCL is a done deal. They agreed not send any money the Kurds without this 2015 budget being opened if they gear the payment off the budget figures and its payment schedule. In other words a confirmation to us who are following this saga that it is about to end.

I am also hearing they worked out a deal on how to handle holding the last administration (Maliki and his goons) accountable for their acts of corruption and crimes against humanity. I am still waiting to hear just what the deal was as it is being kept secret for now. They now have the go ahead with the Amnesty Law and this is good since it was one of the issues blocking the RV last week by the USA (as I explained to you in my 12/31  news letter).

Also I want to mention something very important and also amazing. I was wondering why the Provincial Council or Federation Council was not taking a more active role in their part of the government. We should have seen some articles or heard some news from Iraq on their progress and meetings. But nothing. So I decided to snoop around. What I found out is we have not been hearing much  because the article in their constitution, that guarantees the decentralization of the government, by forming the Provincial Council, was challenged by the Maliki government. He wanted to appeal this provision in the constitution. The good news is I found out that the appeal was in fact now overturned in the federal courts on around Dec 30th.  So this  matter is now settled and nothing is standing in the way of full implementation. Why is this important? It is important because this too was required by the USA and has been a matter of contention in holding up the RV. Seems
 we are slowly finding out about these matters.

Bear in mind too that it is a new month and so the CBI (at the request of the GOI)  has to load up the Qi cards once again with government social program funding to pay for such items as pensions, welfare, food program, retirement, unemployment, military pay, etc…Where will they get the funding from this time?

Some of the funding to run the government and pay the military will of course have first priority since ISIS fighting is not yet over. It is under control and gearing down but not yet done. We know Kurdistan just sold a ton of oil this last week as we can see Kurdistan’s cut of 17% announced in articles, as I mentioned the amount above. There is also an extra 3% now added on for payment for the Pershmerga military services rendered against ISIS. I also know for a fact that the Pershmerga forces are now going to be part of the central government’s national military forces and just not exclusively for Kurdistan. This is huge since it shows us the national unity being formed between Kurdistan and  Iraq. This is exactly what we wanted to happen and required by the USA.

So there are some funds available to pay  these bills but not all they need. This is why once again we are reading articles about Iraq reaching out to the IMF and the United Arab Emirates for borrowing. Seems this is now a habit at the beginning of each month.

We even saw some articles about Kuwait offering to defer a war reparation payment knowing the situation. This shows cooperation between the two countries something also very significant. I believe Kuwait has done this because they know they will gain much more in the long run working side by side with the new Iraqi government instead of pressuring them. So all in all we know that money is still very tight right now. These are all the signs.

We also read articles months ago that they planned to fully implement the Tariff Law and this too is on hold until the revaluation is done. It is now Jan 5th already and still no Tariff revenue? This is billions of much needed revenue missed. The Tariff Law was completed and in the gazette over a year ago. Remember the UN also is going to greatly benefit from these Tariffs since they will get their cut as they manage their fees. So they want it implemented too.
Last week too, parliament once again asked the finance committee where the heck is the completion of the deletion of the 3 zeros project? They said we need a global currency by Jan 1st. So where is it?

I don’t forget this stuff and store it in the back of my mind whenever I hear it. Later you have to use it all to connect the dots to assist you in figuring out just where Iraq stands with it all and what their next move will be.

It is all coming to a finally soon like a balloon inflating too much and then popping. It can only take so much air and then it pops. If the USA does not let up soon and let Iraq RV go global with their currency this may all fall apart and we have one huge mess. Is the USA going to let this Iraq project in the middle east fall apart? DR Shabibi has warned them already that it is overdue to come forward with the RV to regain the confidence of the financial markets. No more delays !

Is the USA listening?

Sounds to me like an RV would really help them? What do you think?

Then when can we expect the RV?

I don’t know about you but I see an excellent window of opportunity opening up from Thurs 1/8– Sunday 1/11 for an RV. Probably out best window yet.

Will the USA stop the RV if and when announced by Iraq at this time? I do not know what I do not know. We will see what happens in the coming days. This could be a very interesting week. Stay tuned I will try to bring you want I know later in the week.

Peace and Luv To Ya All,
Mnt Goat

JOHN MACHAFFIE MORE UPDATES, 5 JAN

JOHN MACHAFFIE UPDATE :

Rumors/Intel

TREASURY NOTES ARE OUT


REPORTS COMING IN THAT ATMS ARE DISPENSING “TREASURY NOTES” IN VARIOUS SMALL BILLS. THE BILLS THEMSELVES DO NOT HAVE FEDERAL RESERVE ON THEM AND SLIGHTLY SMALLER IN SIZE.

TRNS ARE COMING OUT – THIS IS OUR GOLD BACKED TREASURY CURRENCY.

REPUBLIC INTEL

GENERAL HAM AND HIS ENTOURAGE ARE IN RENO FOR VARIOUS MEETINGS ABOUT REPUBLIC MATTERS.

GENERAL HAM STILL SCHEDULED FOR ANNOUCEMENT SPEECH BEFORE CONGRESS TOMORROW, JAN 6TH.

REPUBLIC IS ARRIVING.

I CONSIDER GENERAL CARTER HAM AND HIS GENERALS PATRIOTS THE “CLEANUP CREW”.

WE HAVE A LOT OF CLEAN UP WORK FOR OUR GOD BLESSED COUNTRY.

NEWS : CBI CHALLENGED SHABIBI & OOTW DISCUSSION, 5 JAN

Central Bank challenged Shabibi .. and independence of the judiciary blown political interference
BAGHDAD / Obelisk: A judicial source in the resumption of the Rusafa court, the central bank, made a formal appeal, Sunday, the decision of the patent for Governor of the Central Bank of Iraq the previous Shabibi and demanded the cancellation of this decision to the lack of legal grounds, including the introduction of the testimony of witnesses, which confirmed “Mqsria” Shabibi In issuing special instructions about banking policy has caused a big waste of public money.
The patent Shabibi decision a setback in the process of eliminating corruption, according to followers of the Iraqi affair, in their statements, “obelisk” at a time when Iraqis hope of the Iraqi judiciary to be independent, and away from political or government intervention.
A judicial expert for “obelisk” declined to be named, said: “There is a matter of concern of the possibility of infiltration of rampant corruption in many of the state institutions to judicial work.”
What raises concerns, the announcement of the judiciary in Iraq, Monday, that the Rusafa Criminal Court decided to acquit former central bank governor Sinan al-Shabibi of corruption charges related to the central bank, while the main reason for the “lack of evidence”.
Meanwhile, a economist for “obelisk” the source, who followed his “obelisk” that “there are more than a senior official at the bank have been sentenced to prison because of the implementation of the orders issued by Shabibi with respect to the auction instructions of the coin, and multiplicity for a short period, causing a waste of public money, Also, more than twenty case for money laundering related to private banks, and that the acquittal Shabibi means exonerate the perpetrators of these crimes as well. ”
Interestingly, in the case of Al-Shabibi, Judge Gomaa Abdel-David, who handed down the sentence to seven years in prison Shabibi dated 09/03/2014 is the same as that issued his innocence of the charges against him, putting questions about the impact of political conditions and interventions leaders of blocs and their leaders in the Iraqi judiciary.
Quoted among judicial and political for “obelisk” fear of vigorous attempts to give rise to suspicion, in closing the files of corruption, and the acquittal of those involved, where political parties seeking to appeal the Iraqi judiciary and accusing him of being “politicized” and “unfair”, losing the community’s trust in him, and prevents the most important institution in the elimination of Iraq into a puppet of those who seek to amnesty for terrorists and corrupt, under the pretext that calls held against them “malicious” and with political purposes.
Central Bank of Iraq is the central bank of the Republic of Iraq, based in the Iraqi capital Baghdad. Founded in the current approach based on the Iraqi Central Bank Act of 2004 with a authorized capital of 100 billion dinars.
A spokesman for the judiciary Judge Abdul Sattar Bayrakdar, “The body was competent integrity issues second in Criminal Rusafa Court issued a decision to acquit the central bank’s former governor Sinan al-Shabibi of corruption charges against him issues related to the Central Bank during the period of his tenure as governor,” attributing the decision of acquittal to “insufficient evidence in the charges against the Hbibi.”
Like the former central bank governor, appeared in court after returning from outside the country, following the promises that they would receive a fair trial, a judge cleared him on bail after that.
At a time in which he emphasized the Supreme Judicial Council, said the sentencing of Sinan Mohammed Rida Jawad Al-Shabibi, and the judge jailed seven years based on the evidence and the facts and the evidence is clear, political parties seeking to appeal the ruling and considering a political decision, and KDE, fabricated from the former Iraqi government to end the claim.
According to the book of the Supreme Judicial Council, in the possession of “obelisk” The problem Rusafa Criminal Court on 03/09/2014, headed by Judge David Abdullah Juma, sentenced the convicted Sinan Mohammed Rida Jawad Al-Shabibi, was sentenced to seven years imprisonment on the basis of the provisions of Article 340 of the Penal Code.
Under it, ordered the arrest and investigation of the convicted issued in accordance with the provisions of Article 340 of the Penal Code, and must upon arrest or surrender attendance before this court, to conduct a public trial, and retain the right to claim compensation affected.
Refers Book Court, obtained by “obelisk” which carries the number 1638 in the A / C 2/2014, the charges brought against the accused in accordance with the provisions of Article 340 of the Penal Code, and recorded an innocent about being a fugitive and then listened to the reading Deputy Attorney General, and the agent of the accused and issued its decision. According to the book “to the scrutiny and deliberation, and is fixed to the investigation proceedings, the court found that the facts of this case represented that the fugitive from 1/12012 until 08.30.2012, and in the central bank when he was governor of the bank above causing damage intentional with state funds and the interests of the party that works to their advantage, and by irregularities taking place in the auction sale of foreign currency for the period above and reflecting on the meeting with the case and evidence collected, the court found the evidence sufficient to convict the accused in accordance with the material charge being represented statements legal representative and the statements of witnesses and the defendants’ statements divisive cases and the record of the administrative investigation, and report the BSA and the presumption of the accused escape a mechanism court found sufficient to convict the accused.
It was the source of my rights, confirmed November 26, 2014, that both the former central bank governor, and former Minister of Communications, for example, before the Court, as soon as they returned to Baghdad, after promises that they would receive a fair courts, noting that the judge released them on bail.
The source said on condition of anonymity, that Shabibi Governor of the Central Bank, and Mohammed Allawi, the former minister of communications, were released on bail.
A political source said the “obelisk” that some political parties to discredit the Iraqi judiciary and beyond the Constitution and the laws in force when the defendant cases where Shabibi describes as “malicious”, adding that “the political and financial interests behind the quest to exonerate Shabibi.”
The source familiar with, it was revealed the acquittal of former Central Bank Governor Sinan al-Shabibi, and former Minister of Communications Mohammed Allawi of the charges against them.
The source said he was “acquitted Shabibi and Mohammed Allawi of the charges against them.” The source, who asked not to be named, said: “Al-Shabibi, Allawi returned to Baghdad after that decision.”
The Iraqi judiciary issued in September 2014 and sentenced to seven years imprisonment against former Central Bank Governor Sinan al-Shabibi based on the charges against him during his administration of the Central Bank.
In October 2012, a regulatory source of early detection for “obelisk” for the issuance of an arrest warrant against the Central Bank Governor Sinan al-Shabibi, while sources revealed his escape outside Iraq.
The source, who spoke on condition of anonymity for “obelisk” that “an arrest warrant issued against the Iraqi Central Bank Governor Sinan al-Shabibi for his alleged involvement process monopoly of the dollar and money laundering.”
The former Iraqi government denied it relates to the issuance of an arrest warrant against al-Shabibi and the number of employees on charges of financial and administrative corruption.
The Iraqi Council of Ministers decided to dismiss Shabibi after an investigation by a parliamentary committee in accusations of corruption within the bank.
Moderated Shabibi, the Iraqi Central Bank, since 2003, the text of the decision of the Federal Court of linking independent bodies of the Secretariat of the Council of Ministers and not Parliament.
The “obelisk” had contacted her time Bcbibi when he was in Tokyo, and refused to comment on the report at the time, saying only “deny the issuance of an arrest warrant against me I do not want to comment further on the subject,” returned “obelisk” to relate Shabibi’s office in the central bank, which expressed surprise at the news and his personal secretary said he was “currently at the annual meetings in Tokyo and it is hoped that up today and can make direct contact with him.”
So said a political source for “obelisk” to those who “Atpacon” on Shabibi trying to overcome the Iraqi judiciary, and are trying to challenge the decisions, even those that terrorism-related terms are considered arrest those terrorists as “political” decisions and “sectarian,” as they called them .
The source added that “they know very well that Shibib convicted, and forget at the same time he was dismissed from his post at the Commission on Public Integrity, fairness and parliamentary approval of the Presidency of the Council of Representatives of corruption files in the work of the Central Bank of files, in addition to the chief of the Parliamentary Integrity Committee Bahaa al-Araji time , the existence of an arrest warrant against the 30-Shabibi and help. ” The Shabibi took advantage of the absence of a memorandum of travel ban against him, he traveled to Japan and then to Europe, where he remained a fugitive from justice, even the recent return to Baghdad.

OOTW – HERE ARE SOME FACTORS TO CONSIDER, PERTAINING TO THIS ARTICLE:

1) THE SOURCE REFUSED TO BE QUOTED – THIS IS A MALIKI SUPPORTER AND HERE’S A COUPLE QUOTES FROM THE ARTICLE, EVIDENCING THIS, .”Moderated Shabibi, the Iraqi Central Bank, since 2003, the text of the decision of the Federal Court of linking independent bodies of the Secretariat of the Council of Ministers and not Parliament.” – THIS SECTION IS STATING THAT SHABIBI WAS UPSET BECAUSE MALIKI WENT AGAINST THE CONSTITUTION (PERTAINING TO THE AUTONOMY OF INDEPENDENT BODIES, SUCH AS THE CBI – WHICH WE ALSO KNOW THE PLACEMENT OF THE HEAD OF THE CBI HAS TO BE “OVERSEEN” BY THE GOI – NOT JUST THE CoM, AS WELL AS APPOINTEES WHICH SIT ON THE BOARD OF THE CBI) —–

MALIKI AND MAHMOUD WORKED TOGETHER TO REASSIGN CONTROLS OVER THE CBI TO THE CoM (AND THEREBY REMOVED ANY ABILITY FOR POTENTIAL PARLIAMENT INTERVENTION – THIS IS WHY (IN PART) ABADI HAD TO ADDRESS THE FED COURT ACT ASAP, ONCE HE GOT INTO OFFICE.

THIS PERSON BEING QUOTED IS STATING THAT “IT IS WELL WITHIN OUR RIGHTS TO RENEW THE CHARGES (AGAIN, IN PART) BECAUSE THE CoM IS PLACED (AGAIN THIS IS AS RESULT OF MAHMOUD AND MALIKI JOINING FORCES, AGAINST THE CONSTITUTION) BECAUSE TO OVERSEE WHAT HAPPENS PERTAINING TO ANY CBI ACTIVITIES” (WHICH IS UTTER BS – AN ATTEMPT TO COVER THEIR CORRUPTION).

AND…”

So said a political source for “obelisk” to those who “Atpacon” on Shabibi trying to overcome the Iraqi judiciary, and are trying to challenge the decisions, even those that terrorism-related terms are considered arrest those terrorists as “political” decisions and “sectarian,” as they called them” .

THIS PERSON IS TRYING TO CALL SHABIBI OUT ON TERRORISM CHARGES BECAUSE, AS THE ARTICLE ALLEGES, SHABIBI IS GOING AGAINST THE JUDICIARY (IN EFFECT – THE JUDICIARY HEADED BY MALIKI POCKET JUDGE, MAHMOUD).

2) ALSO THIS ARTICLE CONFIRMS ALLAWI’S RETURN BUT DOES NOT CONFIRM SHABIBI “RETURN”.

(Not the Allawi most are familiar with – BGG) 

3) THE PRIMARY REASONING FOR RENEWING THE COMPLAINT/CHARGES, BY THIS UNNAMED SOURCE, IS THAT THOSE WHO WORKED WITH SHABIBI, ARE, BY PROXY OF THE CASE BEING DISMISSED – ARE ALSO EXCUSED OF THE “CRIMES” – THIS, TO MY MIND IS ANOTHER WAY FOR THIS PRO-MALIKI SUPPORTER TO TRY TO RE-INTRODUCE THE CHARGES TO THE COURT -

CONSIDER ALSO; WHAT JUDGE HAS A LIMITED EGO? NONE, AND ALL OF THESE JUDGE GUYS WANT TO BACK EACH OTHER – IT’S A JUDGE CLIQUE..LOL.

4) THE PERSON “UNNAMED SOURCE”, BEING QUOTED, HAS TO DO THIS IN ORDER TO TRY TO REMOVE YET ANOTHER FOUNDATION OF CORRUPTION FROM BENEATH MALIKI (AND VERY LIKELY, THEMSELVES, AS WELL) – TOO MUCH HAS BEEN ENTERED INTO THE NEWS PUBLICATIONS ABOUT MALIKI ATTEMPTING TO FORCE SHABIBI TO GIVE HIM CBI MONIES..WHICH WE KNOW SHABIBI WOULDN’T DO; AND THIS IS PROBABLY THE PRIMARY REASON AS TO WHY SHABIBI WAS CHARGED…

SHABIBI KNEW THIS WAS COMING – OR WHY ELSE WOULD HE HAVE TAKEN DOCUMENTATION/EVIDENCE OF THE CORRUPTION MALIKI WAS TRYING TO GET AWAY WITH – REMEMBER WE SAW ARTICLES OF INTERVIEW WITH SHABIBI WHERE HE SHOWED THE PRESS COPIES OF THE EVIDENCE AGAINST MALIKI? THESE BUTTHEADS HAVE TO STICK TOGETHER – OR THEY’LL ALL GO DOWN, LIKE RATS ON A SINKING SHIP.

IF THIS MAKES ITS WAY BACK TO THE COURTS (VIA APPEAL) I’LL BE SURPRISED, BUT ALSO – THIS, TO MY MIND, BASED ON THE DECISION, WILL BE A REAL TEST OF MAHMOUD’S SUPPORT OF MALIKI – OR IF MAHMOUD WILL PLAY NICE, BASED ON THE “COME TO JESUS” MEETING SEVERAL OTHERS HAVE HAD WITH MAHMOUD IN RECENT PAST.