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Wednesday, February 18, 2015

JCR3758 TWEETS, 18 FEB

JC @JCR3758 · What we can see is like the tip of an iceberg. 90% is under water or not visible at plain sight. There is a lot ready to be made public.

JC @JCR3758 The info that I'm getting is that there is a high alert in anticipation of breaking news from Iraq. Many things happening all at once.

JC @JCR3758 ·
 Abadi: Gov't working hard to transfer power to provinces  LINK

JC @JCR3758 · Finance Minister promised to resume money exchange service projects in the province LINK

JC @JCR3758 ·
 Greece to make decision tomorrow about taking the loan from EU. China's New Year putting pressure on global economy.

JC @JCR3758 ·  …  http://www.iraqinews.com/features/russian-oil-company-to-double-its-production-in-iraq/

ARTHUR UPDATE, 18 FEB

Arthur So it looks like everybody now understands that GOI + HCL = RV. You cannot pull the horse before the cart and have a budget before there is a legitimate Hydrocarbon Law in Iraq.

 It would be like trying to start a successful bread company without an official and legally binding contract with the companies that provide the dough that you make the bread with.

So despite the confusion with the tense structure of the translation in some articles, there has been no ratification of the budget in the official Gazette as of yet. But this is not a delay.

This is the world making sure this agreement is legal and binding and agreeable for the long term by all parties involved.
....
If we remember only a little over a year ago Kurdistan was seriously threatening to secede from its partnership with Iraq and even did a referendum with their citizens who were overwhelmingly in favor of this idea yet now in such a relatively short time we now sit on the verge of this historic agreement which will set a series of steps in rapid motion including all the necessary laws and up to and including the long awaited revaluation of the Iraqi dinar.

TNT CC NOTES, 18 FEB

TNT Call notes 18-Feb-2015
[Music: I Want to Be Rich!  I guess Tony is happy!]
Tony:  Good morning, TNT!  Today is Wednesday, February 18, 2015.  We’re running a little bit rate, but here we all are, and everyone seems to be feeling good.  We had an information call this morning, and one of our intel members bought a new BMW in NC… tried to snowboard with it in a parking lot!  They don’t do that well! 
I have to bring up Ray.  On Valentine’s Day, it was really special for him because both his son and his daughter got engaged on V-Day, so his family is going crazy in a good way.  As soon as that happens, they are on their own, so I can’t wait for that day!  Congratulations to Ray, and my niece and nephew!
So… we’ll tell you where we are at and what to look for.  We will give you a pay-out plan for each one (dong and dinar) at different rates of what we are hearing, and why there are different rates.  Before that, the most important thing we have for today is that there is a new Anthony in the world – one of our members had a baby last night and named it after me!  My wife is okay with that so long as it doesn’t have my LAST name!  The baby is 7lb 7oz, and 19”.  The mother is mini-pickles on the board, and the baby is Dawson Anthony. He was born last night and the whole chat room was involved in it!
A lot will happen in the next couple of hours/days.  I will qualify that, too. I will ask the intelligent people to BE intelligent – go on with life and look towards the future.  We were sending out some messages on Twitter, and I saw some of you were fighting the idiots.  You don’t have to fight for me;  they as simply not thinking correctly.  Don’t let that burden you.  What you should be doing right now is keeping your focus on YOUR future.  For some of these ‘fidiots’ it’s all about ‘Tony’, but it’s never been about me.  It’s about the process and what you are going through in the next few hours or days.  So we will give the information again, with the rates and why those rates, so it should be an interesting call with a lot of good information for you.
So… we put out a text saying that Kurdistan is saying (their words) “We want out money” so everyone would know it.  That was yesterday and we are still here…
DC:  Congratulatons to Ms. Pickles and to Ray, of course.  In Iraq, as discussed for a while, the Budget has gone through the normal process for the first time in years.  The Budget has been done in the past but not in the true Parliamentary fashion under Maliki, but under Abadi it has gone through properly, in record time.  There have been articles saying that the President has signed, it is ratified, and it is in the Gazette although that has not been made public. We talk to people who are intimately involved in the process, so we know for sure it is in the Gazette.  However, because it puts the whole system into a bind, they have chosen not to publish it publically.  There are many systems or aspects that still need to be tweaked.  About 99% of the tweaks are a big fat ‘duh’, and a few stil have to be done.  They are made necessary by exposure.  Because Maliki and a few others are being a pain in the ass, they are blocking the Budget until this, that or the other project are still not strictly ready.   They had planned to put out the Budget first and first the rest, but they haven’t dotted all the Is, etc.  They palnned to tdo that on Saturday, and on Tuesday they started again but didn’t finish because Maliki slowed it all down again.  We understand from the guys we know in Parliament that they have everything worked out and after that it will be published and then the RV will be free and clear to go.
Tony:  We know it was time to go on Saturday and it didn’t because one of the MPs and his staff was killed.  We also heard that possibly Maliki and his friends were behind that to get this RV stopped.  We got through that process, and things they agreed didn’t need to do until afterwards Maliki is throwing up in their face, saying they are illegal, unfinished, etc… either by Maliki or those loyal to him, just to cause a problem.  So why don’t we just get rid of Maliki and make this happen?  It’s easier said than done, because of ISIL and who is backing them. It would increase ISIL and the disruption between the two at this moment.
DC:  A lot of these guys are melting away because they see the problems;  some just want attention.  It’s a silly, stupid move to make, it gets nowhere, but sometimes politicians do that kind of thing to get attention.  Maliki is not controlling the process but it’s causing disruption and delay. They are dealing with it.  We are not worried about. Several key folks have acknowledged publicly that the Budget has been ratified and published in the Gazette.
Tony:  After this is done, there is no reason for them NOT to get rid of him, so Maliki is stalling this to save his own neck.  Then they can show what he did for eight years and the public will become aware.
DC:  So we are waiting on these final laws that are in agreement with the Budget, just the last few things in the various departments.  They have already been negotiated and agreed to, it’s just cranking sausage to get them out at this point.  It just takes a quorum to get into Parliament and do it. If that is done tomorrow, we will have an RV in the morning; if it takes until tomorrow, we will have an RV on Friday. Everyone in Iraq is ready;  they need it against ISIL and for the country.  There is immense pressure on Abadi to get this done, in part because the Iraqis are now cynical towards their leaders. Look at Saddam Hussein and Maliki – not in the Top twenty of all time. Iraqis have a bad taste in their mouths from 20 years of those guys, and Abadi knows it and knows he needs to get this done.  Iraq is talking to many other countries to get this done, not least because they need it to curb ISIL. Will Iraq go broke without it?  They have a little in hand to pay their functionaries and the police, but not to pay Kurdistan, their foreign debts and contracts, or to fight ISIL.  Everyone apart from Maliki is supporting Abadi to get this done.  Some believe this has broken down and gone to hell, even a few people in the US, but the politicians in Parliament and the Iraqi government are saying that the US just doesn’t understand the Arabic way of communication, which is confrontational and vocal.  We think they are going to have a fist-fight, and an hour later they get over it and have coffee together.  So they are doing alright.  The laws are supposed to be completed today, and then we are good to go.
Tony:  They are publicly telling people that this is ready to go, including the leaders of the provinces, in articles, etc. They have special planes delivering the currency to the provinces that are supposed to have it.  That is how close they are to delivering this to us, and the only thing now is making sure the money gets out of the politicians’ hands into the hands of the general public, and those procedures should be finalized today.  It’s nothing we can control, we don’t’ have the exact moment in time.  No one will be notified on this side until it is done, although we do get calls from the other side!  Let’s say it happens in an hour;  what do we do now?
DC:  The US is just waiting on Iraq;  as soon as they go, the UST, IMF, administration and banks are all ready to go.  
Tony:  I just got a note from Pam saying Iraq has been all done and ready, they just have to do X, and then they will be done. There was an agreement that certain things would be done afterwards, until it changed.  Then they decided to get everything done, because Maliki was using those rules to stall this again.  It’s just minor things, paperwork, that has already been agreed. They are ready, ready, ready… and then they’re not.  They are still preparing. That’s just how it is!
Rates:  Over the last 4-5 years, rates have gone up and down.  There have been a number of rates for both the dinar and the dong.  We have always looked at the dinar as $3.22 + 20%.  We heard 47 cents to $1.05 for  the dong over the last 2-3 years, so why are we now hearing eight cents for the dong, and $3.58-3.91 for  the dinar when Shabibi said it could be a lot higher.  We know that some people have exchanged at $32 for the dinar and $2 for the dong.  Pam says some people report $4+ for the dong, but I don’t see how that can be.
Supppose the dong does come out at eight cents;  I remember being told by another ‘guru’ that if the dong came out at five cents, that would be the end of the world!  Is it because they think if they drop it down to eight cents we will still be happy (after five cents)?  Is it a sucker rate?  I’ll let DC answer that…
DC:  Currently it is at eight cents, but that could change tomorrow.  It has changed throughout the process, and could change back up to .47  or 2.47!   We don’t know because although we have a ton of sources for dinar, we have fewer sources for the dong.  We get information from IMF, UST, and other banking sources.  Why did it drop so far?  Is this the Chinese or Vietnamese information?  Is this a UST rate so that the US can jam it to the Vietnamese before it goes up?  We just don’t know.  The rate has changed so many times.  Once we figure out the real issue, those who have a lot more power than we do have insisted that the general public get treated fairly.  That is why we let you know that the dong rate may be eight cents, in case you were totally focused on the dinar and not the dong.  Part of us keeping this system honest (which is our unofficial job) is to keep everyone aware of what is going on – including the guys in the UST, the Fed, etc.  Those who have the power to right these wrongs have done so consistently, in part because we bring them to their attention. We just don’t have as much information about the dong. So it’s stupid to get all worked up without enough information.  If it comes out at eight cents, you still get a return on investment (ROI) of 8,000%. Now, some did get $2.47, and some people in power will say “This isn’t right, how can we adjust it appropriately?” There will be legal issues, and all will come out in history, so you have to trust that those in power will set this right if unless there is a darn good explanation. It is my  firm belief that it will get fixed, so keep your head in the meantime.  It’s changed 20-30 times in the last 4-5 months.  We do have access to it, and we will let you know what we find out.  We will be under NDA, but there are other more powerful people who will not be under NDA and they have the juice to call a press conference and let the public know about any injustice. 
As for me, I’m happy some people have got the contract rate because that gives us insurance that things will be fair for us.  I’m jealous, but I’m still happy for them and because that tells us what is possible for us.  It will come out in public, and it will work itself out.
Tony:  Obviously, guys, we don’t believe in the eight  cent rate for the dong. It’s being said all around the world and it may come out at eight cents, but I think they are making a big mistake if it does.  They cannot think that people are that dumb, that it won’t go up to the rates it has already been exchanged at or that they have projected over the last few years. I can say that because we are not yet under an NDA.  It makes sense, and I just want to help here.  I am not telling anybody what to do.  I’m just saying that if I were you, and the dong came out at eight cents, and I had 1-2 million dong, would I go and exchange my dong?  Absolutely not!  Because I know at one point it was over a dollar.  It’s going to hit Forex, the market and the hedge funds, and people with millions invested in Vietnam.  They are going to buy every dong they can find and the rate will go up.  You can then decide at what point you want to exchange, while it’s going up (because it will come down a lot faster than it goes up).  If you can exchange your dinar and tell your banker when you want to exchange your dong, they will watch it for you.  You can watch it yourself with an app that will alert you when it gets to the rate you like.  You can pick up the phone and exchange when the bank or your exchanger dealer gets to that rate.  The exchanger may not be able to process your  sell order that day, but they can lock in that rate for you.  You have to have the guts to do that, though.  I can only tell you what I see;  you have to take action. I can’t foresee the future, but I can tell you that if dong comes out at eight cents, Bill Gates and I will have a run for our money.  I can’t see them being that stupid, but if they are, that can be your second RV within 90 days. Put your money to work before you spend it. That is the first place I will put my money to work. I don’t care if my money is already in the bank or at the exchanger, I’m putting it to work. If it comes out at 50 cents, then I’m all in, because I don’t know how much higher it will go before dropping down again.  That is a much higher risk.
So… we don’t think it will come out at eight cents, because they cannot justify  the higher rates they paid out earlier.  If it does come out at eight cents, it will go up to something closer to 50 cents, we think.  It could just be BS, it could be that they want Vietnam and China to work for it.  It could come out at the rates we have been hearing, closer to .47. 
Before we have callers, Pam says it is One-Question Wednesday.
707 caller:  I have one question with a couple of parts to it. What is the difference between going to the banks vs. going to Sterling or another exchanger?  What’s the difference in fees? What about contract rates?
DC:  All the currency brokers we have talked to are NOT offering contract rates.  If it comes out at $3.58 like Iraq has been suggesting, that is the exchange rate.  They plan to be competitive, with fees under 2%.  However, they have not put in writing. They are still very much in the ‘let’s see how it goes when we get there’ mode.  If the banks charge 2%, they may go for 1%.
Only the banks have access to the contract rate as long as there is money in that pool.  With the exchangers, you will NOT be signing any agreements about keeping your money in that particular bank for a period of time. The banks will have to compete with that if they want to hold onto your money.  Therefore, if you are going for international rates, it is greatly to your advantage to go to the exchangers rather than the banks. However, the banks are the only ones who will have contract rates.
The banks are generally planning to charge a 2% fee.  There may be room to negotiate on that once you get with your wealth manager.  So the banks may have higher rates, the exchangers will probably have lower fees and fewer restrictions.
713 caller:  You’ve done a great job talking about different strategies for people to accomplish their individual goals.   If you have  a significant of dong, dinar, rupiah and zim, I heard that you can hold them in Multi-Currency Accounts (MCA) and have a loan against them.  Will there be stipulations or time constraints on that?
DC:  So, you are asking how long you can keep  out large denominations before you can put them in MCAs, right?  It used to be a firm 30 days;  it’s now 90 days, and also there is a sliding scale depending on your amounts and your background. The main purpose of the time limits is to capture bad guys. They didn’t want mules to come in later, meaning people forced to carry money or drugs for bad people.  They don’t want dinar/dong to be funneled in to criminal organizations, so they would prefer everyone to exchange as quickly as possible. In the first week or so, there will be lines out the door.  However, if you come in a month or so later, there will be investigations, and that will take longer.
Now, MCAs are mainly set up by people with lots of business overseas;  it’s not normally used as an investment vehicle or as an operating account.  You can try to find banks with MCAs that will take dinar or dongs, but they are rare and hard to find.  I’m sure there are banks that will do it because they will make money off it, but you may have to search.
Tony:  If I have an MCA account, how long can I leave it there?  And can I borrow against that money?
DC:  Yes to both questions.  If it’s an asset, you can borrow against it.  Expect that bank to keep a margin – that is, they may only be willing to lend you 20% or 50%. You will be more exposed when it comes to dinar or zim because they are exotic currencies now.  As they get older and more stable, you can borrow more against such currencies.
850 caller:  I understand that someone will notice if you wire a large sum of money to an individual;  is that true?  What about between financial institutions?
DC:  Once they get used to your spending patterns, there will be a lot more leeway.  If you are new to this, and you want to wire $15 million to your best friend, then they will be nervous.  But if you are wiring from one bank to another, and each bank knows ahead of time, then it should be okay.
Tony:  We have been told by banks NOT to wire more than 500K in the first 30 days, because that will be held up. If you want to buy something like a house or car, get a cashier’s check. If you want to diversify, have your banker talk to the other banker, and everyone will be fine, without an issue.
Caller:  I’m in Florida, which doesn’t have income tax.  I can exchange it in Alabama, which is probably closest to me.  Should I stay in Florida?  Or does it depend on where I live?
Tony/DC: We don’t know.  California will try to get everything they can, even if you are not resident here.  In general, you will be taxed where you live OR where you are actually doing business. 
Tony:  If NBA players come and play in California, they have to pay CA tax on that money, even if they are here for less than a day.  So be cautious and take advice.
601 caller:  Let’s say Abadi and Barzani are alive and that correlates to an RV.  Abadi, whom I respect, says he is committed to economic reform, even to the point of assassination.  What do you think is the likelihood of them being alive until the end of this month?  How good is their protection?  Are those guys safe?
Tony: You want us to take bets on whether they will make it to the end of the month?!
DC:  All the top officials, the Council of Ministers and other top Iraqi politicians are all guarded by top-tier folks, some of whom we actually know.  They are very competent. Yes, ISIL is beheading people and setting them on fire;  when there is this much change there is a hell of a lot of resistance.  However, I believe that the people guarding them are loyal and very competent, so I think they are safe and comfortable. 
256 caller:  Me and my wife just got married, and we’ve seen a house we like, so I hope this comes through before the 23rd.  Should we get a cashier’s check?  Do we need to stick to Wells Fargo to get the contract rate?  [Appreciation]
DC:  They are all trained and all the banks are supposed to have the contract rate available as long as it lasts… including tier 2 banks.  The way they are going, they should get this solved today or tomorrow.  It looks really good.
719 caller:  DC, I heard that this call was delayed because you were watching Fifty Shades of Grey…
DC:  My wife and her girlfriends went to see it, and they liked it.  There was a chopped they really liked…
Caller:  Doesn’t the UST get oil credits if we exchange through the banks but not if we go through the dealers?
DC: It depends on where they make their deal.  A lot of banks will have deals with Sterling and other dinar traders because they have a bunch of dinar.
Caller:  There was a discussion on the zim – 2008, series AA – and one person said they had already been called in and their currency was invalidated.  There was an argument, like with the dong, that we would be told it wasn’t a valid currency anyway.
DC:  We know folks who have taken SKRs on zim, so I’m pretty comfortable it’s still out there.  Tehre are only something like 6,000 who have zim, a very much smaller group than dinar-holders.  So I’m not surprised if the bankers just haven’t been trained for zim.
Tony:  If someone is telling you that, ask where they got their information.  Why are they telling you that?  Are they trying to get hold of your zim?  If it is an authorized currency, why wouldn’t they exchange it?  After all, they want you to deposit your money in their bank.  If anyone is messing with you, that will become public.  Why would they go through all that scrutiny if it comes out in the end, and they do want you money.
Caller:  I hope we don’t talk to you after today!  Keep the pressure on!  [Appreciation]
Tony:  You really don’t have to listen to all that other noise out there.  We will know because we will get messages from overseas.  We will also get the package and that will tell you the rates, where to go, the whole process.  If they take that out of the process [meaning our four calls], I still get 15 minutes to tell you goodbye.
858 caller:  So when you say ‘six zeroes’, you mean drop six zeros from the zim, so that 100 trillion becomes 100 million?
DC:  Yes, then times the rate, which will probably be 5-16 cents.  [So 100 trillion = 5-16 million dollars]
702 caller:  How long, DC?
DC:  Not very long at all.  Barring major upsets, tonight or tomorrow.
Caller:  You keep saying ‘exchange’, but the 104 form says ‘investment’.  Do we have the power to negotiate that?  And will that change the tax liability?
Tony:  The bank cannot determine your investments.  This is an exchange.  [The caller has the wrong end of the stick;  the form has changed, and the bank CAN mark it as an exchange.]  I don’t sign things I don’t agree with, so if I have to go somewhere else, that’s what I do, or I X it out and change it.  And I don’t know what the tax liability will be. We’ll know when we get the package.  We should be able to go to the bank immediately after that.
DC:  We’re waiting to see how Parliament works out and if they completed everything – whether they wrapped up those minor laws today or if they have to continue tomorrow. That is all we are waiting on.  They are still meeting, and they had planned on doing it last night.
Pam:  You know more than you think you do.  Get everything you need off the forum;  print it up and put it in a notebook.  You are prepared.  Don’t panic.
Ray:  “Wait and see what happens Wednesday”, eh? 
Tony: The news is good. We are still waiting, and we still think it will be after 4pm EST and before  5am EST.  Don’t stay up all night. We don’t care what day it is;  the moment they get this done, it will be released.  They know who tried to stop it Saturday;  they are still listening to this call on Iraq, “even the enemy”.  They know how this RV will affect everyone in Iraq and in the world;  we are not telling them anything the top brass and intelligence agencies don’t already know.  I hope we’ll have a call tomorrow, and if not, on Friday.  Be kind to each other;  you can have a discussion without having to argue or have Pam decide if you can be part of TNT or not. There are still too many things we get to talk about.  Otherwise, enjoy your day!

TNT CC CLIFF NOTES, 18 FEB

TNT CC Cliff Notes  - 2-18-15

DC: IRAQ: AS DISCUSSED, BUDGET HAS GONE THRU NORMAL PROCESS, BUT NOW WITH ABADI IT HAS GONE THRU ENTIRE PROCESS.
DC: SIGNED, RATIFIED, IN GAZETTE AND NOT PUBLIC. TALKED WITH PEEPS WHO HAVE ACTUALLY DONE IT.
DC: BOTTOM LINE: BECAUSE IT HAS PUT THINGS IN A BIND , THEY CHOSE NOT TO PUBLISH IT. SOME ASPECTS NEED TO BE ADJUSTED, LEGAL REVIEW, ETC.
THEY HAVE CHOSEN NOT TO PUBLISH IT OUT BECAUSE THERE ARE MANY DEPARTMENTS AND PROJECTS PLANNED THAT HAVE BEEN APPROVED BUT NEED TO BE VOTED ON.
DC: DO WE HAVE TO THESE THINGS NOW - YES. MADE NECESSARY BY EXPOSURE. BECAUSE OF MALIKI AND BAD GUYS BEING PAINS, THEY NEEDED EVERYTHING LEGAL.
DC - THEY HAVE TRIED TO BE A PAIN AND PUT OUT DIFFERENT WAYS TO BE A PAIN.
DC: ALL DEPTS AND BUDGETS, ETC. PLANNED ALREADY BUT NEEDED LEGAL STAMP. TUESDAY STARTED AGAIN, THEN MALIKI SLOWED IT DOWN AND MEETING NOW. SOME GUYS IN PARLIAMENT HAVE ALL WORKED TO BE FINE.
DC: THAT WAS WHAT THEY WERE PLANNING TO DO ON SATURDAY AND IT DID NOT TAKE PLACE ON TUESDAY THEY ARE PLANNING AGAIN THEY ARE NOW TRYING TO WORK THOSE ISSUES OUT AND THEY THINK THAT THEY HAVE THE LAST ITEMS WORKED OUT AND EVERYTHING IS GOING TO BE FINE AND THEN THEY CAN PUBLISH THAT THEN IT IS OUR BELIEF THE RV IS FREE TO GO.
T: SATURDAY WAS TO GO, ASSASSINATION DELAY. WHAT WE ARE HEARING IS THAT POSSIBLY MALIKI AND FRIENDS WERE BEHIND IT. NOW WE GO THROUGH PROCESS, AND MALIKI IS AGAIN THROWING 2014 BUDGET THAT THINGS AREN'T LEGAL.. CAUSING PROBLEMS LAST KMINUTE.
T: WHY DON'T WE JUST GET RID OF MALIKI? TO MAKE THIS HAPPEN. ISIS IS A PROBLEM, TOO. SO THEY DON'T DO SOMETHING IT MIGHT DELAY MORE.
DC THEY ARE SOME FOLKS THAT ARE ABSOLUTELY TIED TO THEM WHETHER FAMILY OR SOME JUST WANT ATTENTION
DC: SOME PEEPS JUST WANT ATTENTION; HENCE, DELAYS. IS MALIKI CONTROLLING PROCESS - NO JUST ANNOYING. OTHERS BESIDES MALIKI ARE ALSO BEING PAINS IN THE ASS.
DC - UNFORTUNATELY THAT IS HAPPENING RIGHT NOW - DOES IT MEAN THAT MALIKI IS CONTROLLING THE PROCESS - NO
DC: EVEN ACKNOWLEDGING PUBLICLY THAT BUDGET IS DONE AND IN GAZETTE JUST NOT PUBLIC.
T: MALIKI IS JUST TRYING TO SAVE HIS OWN NECK BY DELAYS.
T: THEY THEN CAN SHOW WHAT MALIKI DID FOR PAST 8 YEARS THEN PUBLIC OPINION WILL CHANGE.
DC: WE ARE WAITING ON THESE LAST MINUTE LAWS TO DOT I'S AND CROSS T'S AND MOST ARE ALREADY DONE BUT DON'T PUSHED THROUGH.
DC: WE AREN'T CONCERNED AT ALL SINCE ENTIRE SYSTEM IS JUST WAITING. TOMORROW MAYBE OR NEXT DAY. IRAQ NEEDS THIS FOR ISIS PLANNING AND ECONOMY.
BECAUSE THEY HAVE DONE ALL THEIR HOMES IT IS NOT A BIG DEAL JUST TAKES A QUORUM AND WE ARE NOT CONCERNED ABOUT IT SO IF IT IS DONE TONIGHT WE WILL HAVE A RV IN THE MORNING THAT IS SIMPLY IT EVERYONE IN IRAQ IS READY FOR IT THEY NEED IT FOR THEIR ECONOMY THEIR PLANNING ETC IS THE PRESSURE IMMENSE .,YES.
DC: IMMENSE PRESSURE ON ABADI TO GET HIS DONE. THERE IS A BELIEF THAT ABADI CAN GET THIS DONE. NOT MUCH TRUST IN THEIR IRAQI LEADERS. NATURAL MISTRUST, NASTY TASTE FOR LEADERS.
DC: THERE FORE THEY ARE SIMPLY HAVING A NASTY TASTE IN THEIR MOUTHS BECAUSE OF BROKEN PROMISES SO ABADI DOES HAVE SOME PRESSURE.
DC: ALSO TALKING ABOUT THIS TO OTHER DIPLOMATS HERE AND ROUND WORLD. WILL THEY GO BROKE (IRAQ)
DC - DO THEY HAVE ENOUGH MONEY TO PAY KURDISTAN ............ NO ...........
DC: THEY HAD A LITTLE MONEY -NOT ENOUGH TO PAY KURDISTAN OR PAY DEBTS OR FIGHT ISIS. DIPLOMATS, ETC SUPPORTING SHABIBI AND ABADI TO GET THIS DONE.
DC; PARLIAMENT ARE VOCAL AND VERBAL FIGHTS AND GETTING THINGS DONE, HOWEVER. LAWS COMPLETED TODAY SUPPOSEDLY THEN WE ARE GOOD TO GO.
T: PUBLICLY TELLING PEEPS THIS IS DONE. GOVERNORS IN OTHER PROVINCES THAT THIS DONE AND PLANES TO DELIVER CURRENCY TO DIFFERENT REGIONS.
T: THEY ARE MAKING SURE MONEY IS OUT OF GOVERNMENT HANDS TO GIVE IT TO PEEPS ON STREET . TO BE FINALIZED TODAY AND GEARED UP.
T: WE CANNOT CONTROL ANYTHING . WE WILL GET CALLS FROM MIDDLE EAST.
DC: US. WE ARE WAITING ON IRAQ AND THAT'S ALL. UST, EVERYBODY READY AND JUST WAITING.
DC - ADMIN TREASURY BANKS EVERYONE ELSE - EVERYONE WAITING.
T - IRAQ ALL DONE AND READY - BUT NOW THEY STILL HAVE TO DO THIS................. THERE WAS AN AGREEMENT THAT ALL OF THIS COULD BE DONE AFTER THE RV WAS ANNOUNCED UNTIL IT WAS NOT NOW IT HAS DECIDED DID NOT MAKE THEIR TIMETABLE.
T: MALIKI IS SAYING PARLIAMENT IS CIRCUMVENTING LAW SO NOW THEY ARE JUST FINALIZING THE MINUTIAE OF THE LAWS.
T - LETS GO WITH SOMETHING ELSE - A BUNCH OF DIFFERENT RATES
T: THE DIFFERENT RATES. OVER YEARS THERE HAVE BEEN DIFFERENT RATES FOR DINAR AND DONG. 3.22 + INTEREST.
T: DONG HEARING 8 CENTS, THEN 1.05, CONTRACT 2.17. WHY? DINAR 3.58. 3.71, AND 3.95. SHABIBI SAID AT JACKSON HOLE IT COULD GO TO 16.00
T - NOW WE ARE AT EIGHT CENTS - DC LETS DO THE DONG
T: NOW DONG AT 8 CENTS. SUPPOSED IT DOES COME OUT AT THAT. IF IT CAME OUT AT 5 CENTS, 5 YEARS AGO THE WHOLE WORLD WOULD BE HAPPY.
T - IT WAS ABSOLUTELY UNBELIEVABLE THAT WE COULD GET TO FIVE CENTS AND NOW TODAY THEY ARE TALKING ABOUT 8 CENTS AND WE HAVE TO ASK OURSELVES WHY.
DC: WHAT IT GETS DOWN TO IS CURRENTLY AT 8 CENTS COULD CHANGE TOMORROW BE AT 47 OR 2.47. OUR ACCESS TO DONG INFO IS SCARCE.
DC: INFO IS FROM US TREASURY SOURCE/ BANKING SOURCE.
DC WHY DID IT CHANGE ? WAS IT AN AGREEMENT BETWEEN CHINA AND VIETNAM
DC: WHY DID IT CHANGE? CHINA? OR TRIGGER RATE FOR UST TO JAM THRU OR REAL RATE - WE DON'T KNOW THE REASON. THIS HAS CHANGED SO MANY TIMES.
DC - THIS HAS CHANGED SO MANY TIMES ALSO AS IN THE PAST
DC: OTHER FOLKS WITH MORE POWER, HAVE INSISTED THAT WE BE TREATED FAIRLY. ONE OF REASON WE ARE LETTING YOU KNOW THIS INFO.
DC: PART OF US KEEPING THE SYSTEM HONEST, IS TO KEEP IT FAIR TO ALL.... LETTING ALL KNOW WHAT'S GOING ON. THEN WRONGS WERE RIGHTED BECAUSE OF LETTING OTHERS KNOW JUST WHAT'S GOING ON.
DC: IF IT COMES OUT AT 8 CENTS, MAKE 8 THOUSAND TIMES YOUR MONEY. THOSE WHO GOT 47 CENTS WILL SAY THIS ISN'T RIGHT AND NEEDS ADJUSTING.
DC -  BUT A BUNCH OF OTHER PEOPLE GOT .47 - SO TONY AND I WILL SAY ........THIS ISN'T RIGHT GUYS ................
DC: THERE BETTER BE A darn GOOD EXPLANATION FOR THE 8 CENTS RATE.
DC - ALL WILL COME OUT - SO THERE BETTER BE A GOOD EXPLANATION FOR IT ----------- IF YOU STILL WANT TO **** .......... KEEP ****ING ....THATS WHERE WE ARE AT.
DC - BOTTOM LINE WE DO NOT HAVE AS MUCH INFORMATION ABOUT THE DONG BECAUSE IT CAN CHANGE IN THE NEXT HOUR.
DC: THIS IS INSURANCE FOR US SINCE IT OBLIGATES OTHERS TO BE HONEST. IT'S A WONDERFUL THINGS OTHERS GOT PAID AND IS THE INSURANCE FOR US SINCE IT WILL COME OUT.
DC: IT WILL WORK ITSELF OUT.
TONY: WE DON'T BELIEVE IN THE 8 CENTS - IT IS BEING SAID ALL AROUND THE WORLD AND IT MAY COME OUT THERE BUT I THINK THEY ARE MAKING A BIG MISTAKE - PEOPLE ARE NOT DUMB.

SUNNY POST FROM TNT : TONY'S CLIFF NOTES, 18 FEB

Highlights of Tony's CC.  Updated as call progresses - Sunny

Tony:  They are telling their people it's done.  Telling them special planes have delivered money to regions.  They are ready to do this.  All procedures to be finalized today.  Everybody geared up.

DC: Do they have enough money to pay Kurdistan, fight ISIS and pay debts. The answer is No!  Believe the laws are to be completed today.  That is all we are waiting on.

CURRENT WINDOW:  Parliament needs to meet and have a Quoroum.  DC:  We are waiting on that. It'sexpected to happen tonight.

IRAQ:  was timed to go on Saturday but the assassination of the Sheikh which delayed it.  The guys are hearing Maliki and his friends were behind that but no confirmation on that information.  Maliki has brought up the old 2014 budget and working at causing problems/blocks to progress.  He’s an annoyance but not controlling the process.  Tony says Maliki is trying to save his own neck because after the RV his life, circumstances, situation is in danger.
  • Budget:  It's been acknowledged publicly, ratified and in the Gazette but just not made public.  Abadhi has put out tweets on it several times.  They have chosen not to show it because many projects and plans would be revealed that are not legal yet.   
  • Parliament 
  • CBI
  • ISIL
INTERNATIONAL
  • IMF
  • UN
  • Rates:
UNITED STATES:   No on on this side to be notified until it's been actually done.  Tony: We'll have call from other side before we have call from this side. 
  • UST:
  • Banks:
  • Packages/800#’s/NDA:
  • Groups:  
EXCHANGING:

DINAR GURUS UPDATE, 18 FEB

2-18-2015   Intel/Newshound Guru Backdoc    HOW LONG UNTIL REALITY FOR THEIR MARKET ECONOMY AND THE RETURN TO SUPPLY AND DEMAND ON BLACK GOLD?  NOT LONG!! EARLY MARCH WILL ROCK!!!   I ESPECIALLY LIKE THE 48 TONS OF SECURITY (Gold)  IRAQ BOUGHT BY ADDING TO ITS RESERVES WHICH WAS SPECIFICALLY PURCHASED TO SUPPORT THE LAUNCH OF THIS NEW CURRENCY!  I ALSO LOVE THE ARTICLES OF THEM CRYING ABOUT NOT HAVING MONEY, DINAR MONEY THAT IS, WHILE THEIR SEEMS TO BE A COOPERATIVE SPIRIT AMONG THE KURDS AND BAGDAD!   [post 2 of 2]

2-18-2015   Intel/Newshound Guru Backdoc
    IT'S BEEN MORE THAN INTERESTING TO SEE THE CONTROL OZ HAS DISPLAYED ON CONTROLLING BLACK GOLD.   (Oz=IMF, WORLD BANK, U.S.TREASURY, AND CBI).  I BELIEVE WE WILL SEE PRICES REMAIN CLOSE TO WHERE THEY ARE UNTIL IRAQ LAUNCHES ITS NEW CURRENCY. WE ALL ARE VERY EXPECTANT OF THE LAUNCH OF THEIR MARKET ECONOMY.  ONCE WE SEE IT, REALITY ON CRUDE PRICES WILL LIKELY PREVAIL SENDING PRICES LOWER! SUPPLY WILL HAVE TO MEET DEMAND AND THE REAL WAR WILL BE FOUGHT ON THE EXTRACTION PRICE LEVEL WHICH IRAQ HANDILY WINS!   [post 1 of 2....stay tuned]

2-18-2015   Intel Guru TerryK
   I TOLD YOU ALL MONTHS AGO THE ONLY HOLD UP WAS WHAT THE AGREEMENTS ON THE HCL WHO WAS GETTING WHAT %.  THIS IS THE SAME STALL SITUATION THAT OCCURRED DURING THE KUWAIT DAYS...DAYS OF DESPAIR AND GLOOM AND DOOM.   IT WILL ALL OF A SUDDEN HAPPEN.

2-18-2015   Newshound Guru Adam Montana   ...not much has changed since last week. We are no closer,  but thankfully no further. The HCL remains on the top of my watch list, and I am confident they will move on that shortly...Until then  we remain positive and patient. 

2-18-2015   Intel Guru Delta
   Most of the 3 zero notes have been collected by the CBI over the last 10 years have been collected and shredded.  The CBI doesn’t have 33 Trillion. They have no liquidity!  The whole region of Kurdistan needs IQD to pay salaries.  How?    When the IQD goes international...do you think you’ll be able to walk into any bank and buy 1 Million IQD?  No. You can’t buy more than $3,000 of any currency of another country (per day) in a US bank.  After the IQD goes international … you won’t be able to take the IQD out of the country (in mass quantity).  Nobody...right now is allowed to take more than 10k IQD out of an Iraq airport.  This Sunday the new system with the CBI will take effect. 22nd of February – new bank regulations begin.

2-18-2015   Intel/Newshound Guru Poppy3
   RATE RUMORED TO ME TODAY [TUESDAY] THAT IT WILL SHOW IN 7 DAYS OR LESS.   SAID IT WAS SET TO GO ON THE 13TH BUT BECAUSE OF JABORI WANTING MORE BINDING CLAUSES IN THE HCL THAT THEY WILL GET THE FULL 17% AND ON TIME.  THIS SOURCE IS SHARING INFO FROM INSIDE BAGDAD CONTACTS SO THIS IS REAL IF AGAIN THEY DON'T CHANGE SOMETHING ELSE.  

2-18-2015   Newshound Guru Millionday 
  Article quote:  "Iraqi Central Bank to invest cash reserves of hard currency through the purchase of gold, especially after the decline in gold prices in world markets over the past months, in a move it to diversify its reserves, the fact that gold is a store relatively safe for the value of the local currency, where the Council announced International gold buying CBI 48 tonnes of gold during 2014."   CBI IS DIVERSIFYING THEIR RESERVES TO INCLUDE MORE GOLD DUE TO THE DECLINE IN PRICES.  THEY ARE SAYING...THAT THEY ARE USING IT TO COVER THE VALUE OF THEIR LOCAL CURRENCY AND AS A COVER FOR THE PROCESS OF REMOVING THE THREE ZEROS...TO DIVERSIFY THE ASSETS OF THE GUARANTEED VALUE...AND ALSO THAT THE US IS THE DRIVING FORCE BEHIND THIS.  ...IT SURE IT NICE TO SEE IT IS FOR THE PROCESS OF REMOVING THE THREE ZEROS.

2-18-2015   Newshound Guru Kaperoni
   Article quote:  "The meeting will also look positively to the agreement between the federal government and the Kurdistan Regional Government agreement regarding oil and Budget and the commitment of the two parties..."   IMO this is part of the reason for no budget yet.  The budget is based on a revenue amount which is joint oil exportation between the gov and KRG.  Without the completed HCL/Oil and Gas agreement with the KRG, I don't see how they can release the budget.

2-18-2015   Guest Intel Guru Hocus Pocus
   I have a friend that has family in Iraq and they talk to them almost every day...A few weeks ago...they started having some ribbons running across the TV saying they would soon have a more valuable currency...that has been going on for a while and the Iraqis are anxious for things to happen too.  They want to be back where they were before of course.  By that I mean have the value of their currency back to where it was before the war.  Last week there was a new ribbon saying they would have a big announcement by the end of the week but that has not happened yet.  They are truly just as anxious for this to happen as we are. 

2-18-2015   Intel Guru Jester 
   WE HAVE LOTS OF REPORTS FROM THE SANDBOX SIDE STRAIGHT OFF THE TV THERE...THAT THINGS HAVE BEEN READY FOR WEEKS...THEY ARE RUNNING ANNOUNCEMENTS OF CHANGE... AND THERE WAS SUPPOSED TO BE A BIG ANNOUNCEMENT THE END OF LAST WEEK THAT DIDN'T HAPPEN...THEY HAVE HAD A COUPLE OF MILESTONES THEY THOUGHT WERE GOING TO OCCUR THAT SIMPLY DIDN'T... THEY JUMPED THE GUN AND STARTED PUTTING THE INFO OUT THINKING IT WAS HERE AND THEN...DIDN'T HAPPEN... I THINK THEY WERE READY TO DO IT ON THE PREVIOUS SCHEDULE THAT WE HAD AND IT WAS PUT OFF FOR WHATEVER REASON... NOW...WE GOT TOLD ALMOST A MONTH AGO TO WATCH FOR THE 19TH...SO THAT IS WHAT WE HAVE BEEN DOING...WE WILL SEE IF ALL OF THIS COMES TOGETHER THEN OR SOON THEREAFTER.  IT IS APPARENT TO ME THAT THEY ARE READY BUT BEING HELD BACK FOR SOME REASON...I AM HOPING THAT THE INDICATIONS OF JUMPING THE GUN ON A COUPLE OF THINGS SAY THAT WE ARE THAT CLOSE.

JADAMOUR POST FROM S3A, 18 FEB

S3A : 
  • Random personal experience from today. I am in South Africa visiting so I had to go to a money exchange at a mall. It was called Bidvest Bank. Anyway, I will make this short and to the point. I was exchanging dollars to rands. After she was done I asked her if the IQD had an international rate yet. She didn't recognize the name so I pulled out a 5000 note and she immediately said oh this currency. She then looked it up and said it wasn't exchangeable yet. I showed her a vnd ...she said they don't buy that at all. So, as I'm leaving I see a Money Gram flyer 'Introducing a new Money Gram service called Rand to Rand to Zimbabwe'. I took it back to the counter and asked about the zim. She told me they will be having their own currency again. Of course, she didn't say how soon. :) so that's it .... just wanted to share. Even the little confirmations help ease the wait time.

    • Thanks for sharing. Hopefully when the new currency comes out, they will still honor the old ZIM notes.

MNT. GOAT UPDATE :“How Much Longer?” , 18 FEB

UU1099 – “How Much Longer?” by Mnt Goat

Hello Everyone,

Fasching is now over. Do you know what Fasching celebration is in Germany? Some call it the Mardi Gras (Karneval). Our town has its small fun version of this Mardi Gras too and we have had a nice time this past couple days.  

Our Mardi Gras is really a lingering of an older pagan tradition from the middle ages but when the Christian church combined with the Roman pagan religion, and became the faith of Rome, (thus the Roman Catholic church), many of these  pagan ceremonies were watered down and allowed to continue and to this day.  Our past is always present if we just take the time to learn and pay attention.

So Fasching is really fun before the sacrifice. One last period before we start on our journey to remember our Christian roots and sacrifices of those who came before us to show us the way to better lives. 
With the end of Fasching, Germany's silly season, comes Lent, a Catholic tradition observed by many throughout Germany.  Traditionally, Catholics throughout the country eat Herring on Ash Wednesday, the beginning of Lent. Many faithful Catholics still adhere to certain restrictions during the 40 days of Lent between Ash Wednesday and Easter Sunday while others refrain from sweets, alcohol, meat, eggs or milk. Fish is one meal always permitted as Lenten fare. If not done for health reasons, the fasting time is usually based on religious ideas.

Lent begins on Ash Wednesday, which is today and yes I too have the herring for our diner tonight…lol.. It is not the favorite meal for my two girls but they are getting to like it as the years pass. Lent lasts 40 days until the Saturday before Easter. We try to eat lightly at each dinner, light candles and pray so that we can be shown how to help others too during this entire season.

This season is always most important to my family too as it is the first sign of the long awaited spring time coming upon us. As lent progresses my girls make note of the passing days and how the weather slowly changes and the cold days of winter finally fade into green pastures and warmer days. My favorite is the opening of the hiking trails once again as my mountain has been calling me for months. I am anxious and I wait patiently.

As my girls get older now they too have learned the ways of the Alpine mountains and they have become part of them.  Sometime it is hard to explain the connection but it is a sacred connection for all those that truly seek it.

So now that we have socialized a bit,  let us review what has happened this last past period and on this ongoing saga of the revaluation of the Iraqi dinar. Please read the past news letter dated 2/16  to better understand this news today.

Today’s News

Today is Wednesday the 18th and still no RV.  We waited for the announcement of the ratified 2015 budget being placed in the gazette (law library of Iraq). As I mentioned in a prior news letter this would  mean the budget law is fully implemented and must be funded within 24-48 hours, as the cash flow to the provinces would have to begin for the projects.

Well on yesterday, Tuesday Feb 17 it was finally announced by the Iraqi government that the ratified budget was placed in the gazette after being delayed by two days. Yes- this is now an “official” announcement not some secret news from a backdoor meeting with an intel “guru”…….lol……  

But here we now sit 48 hours past the gazette publication requirement. It is done. So why are they not funding these projects now?

The parliamentary Finance Committee, confirmed Wednesday today, it has opened an investigation into the reasons which led to the delay of the publication of the draft law on the federal budget for the current year in the Official Gazette.

We know they hurried to get this budget done and it was surely fast-tracked this year. It is the first budget ever for Iraq in this nature. We know they have major plans for Iraq. So after considering all these past events with this budget we know for sure their intent is to more forward and progress this country into the international arena. So to us it seems to have stalled but in actuality it still is not long since the gazette publication and much lays ahead.

Where do we go from here?

Well be know that Prime Minister Barzani, has paid a visit to Baghdad last Sunday, to activate the oil agreement signed between Baghdad and Erbil from late last year. We know that Abadi negotiated a temporary deal for a partial payment to Kurdistan and could not fully implement the oil deal since it was claimed there was lack of liquidity in the banks to back up the 119 trillion budget bill. We believe this lack of liquidity in part is due to the failure to as of yet increase the value of the Iraq dinar.

Some intel “guru” are saying that the amount of dinar currency at hand does not matter since the payments for the budget to the provinces will be in electronic form anyhow. Does this make sense to you? Think about what they are telling you. Just another blunder to confuse everyone even more. Let me explain this to you better now to eliminate your confusion.

This future payment process to the provinces may be accurately stated as it will most likely be electronic form and mnt goat never said it would not. So comments made to bash me are not accurate. But there is much more to the story to tell and this is where many of these so called intel “gurus” fall short.  This causes  yet more confusion because they do not tell the entire story but only what is convincing enough at the time to bash someone.  Maybe they too have to slowly read my news letters instead of just looking for ways to bash.

So since when can Iraq just electronically increase their bank balances without  backing it up with hard currency?  Computer systems only record and document cash amounts. They are only electronic ledger systems. You can not create money simply by entering numbers into a computerized ledger system! Also since when can Iraq now just print money to meet their obligations to back up a ledger entry? Are they now following the policy of the USA Federal Reserve?

Do these intel gurus even  know that currency is a paper guarantee, a note stating the face value is an assurance of the value of the assets that back it? So this is the issue since the paper dinars (the 3 zero notes using in Iraq) have been 90% collected already and there is literally just USD remaining for the day to day transactions of the citizens. These old notes collected are now electronic numbers in the CBI reserves as the old 3 zero notes are incinerated as the banks collected them and turned them back into the CBI.  So even by this process they must have backed these electronic entries with the dinars. Why is this so difficult to understand? If you did not have enough dinars to begin with then your electronic numbers will now be low to meet the $119 dinar budget. Get it?

There is no way they can back $119 trillion dinar budget since there was never even $119 trillion dinars in circulation to ever collect to the CBI. Or was there ever even printed $119 trillion dinars altogether at the low 1166 rate. Do you understand now?

So what they did collect from the citizens is now sitting only in electronic form at the CBI. Why does the CBI  not use this money then to pay at least part of the budget debt owed to the provinces?

The CBI has decided to use some of these reserves as a partial payment to Kurdistan as we read articles on this on Sunday that a negotiation was completed. . However this was at the old 1166 rate. But they simply can not continue going down this road on payments to all provinces until there is a major change to the dinar value, in fear of  quickly depleting of the CBI reserves.

So when these so called intel “gurus” tell you the story I wish they would tell you the complete story and not just what they want to tell you. It is obvious of their intent was  to bash others first rather than trying to fill in the gaps and attempt to truly informed on what is really happening. Why is this element consistently trying to confuse you? Are they being pumped with scripts given to them by their so called “three letter agencies”?

Then we read about the Central Bank of Iraq (CBI) buying more gold with USD from the CBI reserves. Does this also seem strange to you at this time? Why would they be doing this now? Some say it was to shore up the liquidity of the reserves in preparation for a major change in economic polity for Iraq. To me anyhow this makes total sense since they are now converting these electronic entries (from collecting all these 3 zero notes I just talked about)  into hard backed wealth, that of precious metal (gold). Gold prices are now low.

If you are a Central Reserve bank you do not want just store electronic entries on your balance sheets but rather have hard backed currencies or metals as value. Gold is more stable and is used as a guarantee of wealth. This transfer from electronic entries to gold has been on going since we have been reading about this buying frenzy of the CBI for gold now for many months now. This gold must back these new lower denominations about to be introduced into circulation. Can you see the process? You can’t just give the banks paper currency unless it is strongly backed by value. Can you see how they are setting up for the next step?

Crude now finally spikes to $60+ a barrel from the 30’s. Was someone waiting for crude oil prices to increase prior to implementing the budget? We know the Iraq budget is based on $60 a barrel. Do they not now have an asset backed currency?
http://www.zerohedge.com/news/2015-02-13/crude-oil-surges-green-week-wti-tests-53-brent-over-60
So could they be waiting for the prices of oil to increase since we now know the purpose of artificially bringing down the price in the first place has now been accomplished its goal. If you have been reading my news letters you know why the oil war had to occur and its purpose. Please refer to my news letters from early December I will not repeat the information today.
The is all interconnected. How much longer will they wait?

Maliki Situation
The Iraq government has strong evidence that the bullet that shot Sheik Qasim also shot at the heart of national reconciliation  was perpetrated by the Sheite Maliki and his goons for this purpose. In my last news letter I stated they will now move much more aggressively on the prosecution of this man and his goons to bring him to justice. It is coming shortly and the process is being sped up.  So as predicted, on Tuesday out pops an article as stated below:

******“Baghdad «quds al-arabi»: Iraqi judge gave Rahim Ugaili former chairman of the commission on public integrity, a legal complaint against the former prime minister Nuri Al-Maliki, a student of his trial on charges of treason against the iraqi people. The lawsuit that accused (nuri kamal al-maliki) took over as prime minister and commander of the armed forces in iraq from 2006 to 2014 were committed during his rule a number of serious violations and crimes, so the judge asked ugaili take legal action and moving the criminal cases against the accused.

And offered to suit the crimes committed by al-maliki, which was considered part of «treason» amounting to 39 crime, including the cause as the general commander of the armed forces in the fall of one-third of iraq, however, a terrorist organization (daash), and is caused by the arming of these criminal organization mechanisms and sophisticated weapons the iraqi army, valued at more than $ 15 billion”. ******

So why did Maliki orchestrate this last killing spree last week?
What you may not know is Maliki requested to leave the country of Iraq. You may know he has visa restrictions on him and all his goons. Early last week he requested to leave Iraq for Germany for medical treatment for his diabetes. At least this was his explanation on his visa request. The visa was denied as he was told to use medical services in Iraq for treatment. I guess his attempt to escape failed? So do you see why the killings last Friday? This was actually more of a message sent from him telling the government he is still in control. A reprisal for his denied visa.

So you see Al-Abadi along with the CBI have to make a decision soon on when to RV this currency. I believe this decision had already been made weeks ago and was postponed due to recent events in Iraq. We are now in the final countdown window now that the budget is truly ratified and the deadline for it to be posted in the gazette is now overdue.  We finally heard news of this next event we looked for (gazette posting). Then Iraq must fully fund the budget within 24-48 hours (partly by a revaluation). Can Iraq be fully positioned with all these events in time to open and begin spending this 2015 budget? Already we see an investigation as to what is holding up this process. Can the USA be holding up the RV once again? Can Iraq be requesting this revaluation and the request is being denied again?

Be careful who you listen to for the answers to these questions. Instead look at the facts for yourself. Articles DO TELL US MUCH and are an EXCELLENT source of information. There are those that would discourage you from this reading practice as then they would not be able to pump you with their scripted information and allow you think for yourselves. Now since the Maliki propaganda machine is all but shut down we have noticed the accuracy of the news is much better coming from Iraq.

Peace and Luv To Ya All,
Mnt Goat