_Frank introduces “T” who had a good question for Frank today. She has some background to give first.
“T” says she normally compiles info from many of the other guru's about 4 or 5 that came out today that had her excited, yet disappointed the next day, when it doesn't come to fruition. So, she called Frank out of frustration because some of these sites are claiming Shabibi is upset, ...some are saying will not go past Friday, Thursday at the most, and another guru states "We are seeking official confirmation...a third party source...reports now on Dr. Shabibi on Iraqi T.V. stating his bewilderment of the IQD non-revaluation which should have been officially rate posted on CBI, World Bank, IMF, BIS, UST records as of yesterday; this person claimed Shabibi was upset and on Iraqia TV yesterday.
Another piece said the lower denoms are available and being used right now, down to the 5 and 10 dinar...and someone else claimed that their contact over there, talked directly to their bank HERE, saying to get ready to exchange the large numbers of Iraq dinars in the next couple of days. So there's two rumors right there; now “T” let’s Frank take over from there.
Yesterday there were many rumors, flying around these sites. When she asked Frank today, that she had some intel today, but Frank asked, Is it intel or was it from another forum? She explains it was from many different forums. Frank says, well, then, it’s not intel; nor is it my intel. But to go ahead and tell him what she had questions about and so she did.
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Frank laughs and says, no. After they spoke, Frank asked her to come on the CC tonight.
You see many people call Frank and say they have “intel”. But he has to be careful with what he brings as intel to the rest of us.
So, Frank will address these rumors now.
1) The LDs are out now? He wasn’t aware that this was one of the rumors out there right now;
2) the other, that they are going to start exchanging here in two days?
First, so, Shabibi came on TV and doesn’t know why the rate wasn’t posted yet?
Frank went on to say, so, after hearing all of this and from all the other calls he received yesterday, there was a pattern forming, and was being repeated on each call he was getting; so he wants to now address them all here tonight.
He doesn’t know where the rumor comes from and he doesn’t want to know. Anything that is outside of his team’s intel, he is not responsible for. But he feels he is responsible for trying his best for giving what he feels is best of what is the truth out there.
A couple of days ago we had a dear friend of ours on our show that we haven't had on in a long time, Angel Quest. She asked me "Frank, can you please defend this man? Frank says, "well this man is one that I don't respect his intel, but they are falsely accusing him?...I will definitely defend him...and I did". And in the same manner, when it comes to rumors that are put out there, if they are false, I will tear them up...I will eat them up and get rid of them, and that’s what he’s going to do with this rumor, because it is getting out of hand. Once he’s done with addressing this rumor, he has some great things to tell us.
Frank calls Delta and Gamma. They researched into Frank’s inquiry regarding the rumors and checked 3 Iraqi television stations.
What they did find that was said on TV yesterday is the dessert that Frank has for us tonight and will share with us.
Delta wants to tell the family, he felt was important and Frank will try to tell us what Delta wants us to know. And that is that Shabibi would not come out and make such a ridiculously (stupid) statement like it has been suggested with the rumors.
On Iraqia TV today, Shabibi, is busy and sends an advisor, the broadcast was shown on TV today, and an interviewer with the advisor from CBI. The Advisor was asked many questions and asked about the 2012 budget. The budget is being forecasted at $112 billion.
The process was going along nicely, until the reporter, slips in a “bluestar-esqe” question, out of nowhere. He asked the aid from Shabibi, when will the value of the IQD increase? The advisor froze! He pulled a Shabibi, ahhhhhhhhhhhhhhhhhhhhhh, says Jesu’s. He sure did, says Frank.
The advisor, fidgeted, he rubbed his hands together, he leaned forward, looked the interviewer straight in his eyes but said nothing for a bit, but then tried to explain and get around this question carefully.
He finally says, we will improve the value of our currency, when the co-ordination between the CBI and the GOI is working together, hand in hand, and we are working on this and it’s going very well with the GOI. Yes, yes, next question.
But the interviewer wasn’t satisfied regardless of how surprised the CBI advisor was. The interview by the way lasted about 1 hour. And somewhere in the middle, he caught him.
After he answered that question the interviewer turns back to the CBI advisor asking the same question but in different words. And he asks, ok, so when do you plan to lift the three zeros from the exchange rate?
Again, the advisor, with more confidence, and says, well, if there is no change with the exchange rate, then the budget will be severely affected by high inflation!
The Oil Minister was sitting right there the advisor.
Speaking of oil, how much was oil today? It closed at $102.53. Frank believes it will continue to rise tomorrow. Steven chimes in that perhaps the oil is setting itself up to support the budget of what M spoke of today?
The oil is positioning itself. The oil and Hillary will also show us the way, especially towards the end. Oil has spiked twice, but we watched for it spike again, and it has not yet; but it is doing it now!
Ok, so the 2nd question, again, with different words was posted and the CBI advisor says, if they don’t change the rate, there is no sense with discussing the budget, why?
Because, inflation will tear the budget apart! Now why was the oil minister there with the CBI advisor? Oil and the rate go hand in hand. The oil minister also concurred with the advisor as well, like parrot!
They also talked about how much they had in reserves. Something like $58 billion. Do they have enough to deal with inflation? That has nothing to do with it, they need to change the exchange rate on this money they have.
So, the GOI wants 32 trillion physical and electronically. Sounds like they are getting ready to do something, like with the HCL, but they didn’t talk about it during the interview.
The aid says, we need to remove the three zeros or it will cost them dearly!! Frank says, he might as well have said, a lop will cost us. Because if they do nothing with their exchange rate, it is Frank’s opinion that the affect would be the equivalent to a lop, eroding away at all they desire to see of their 2012 forecasted budget. ***NOTE*** Folks DO NOT take this as to mean that the IQD will lop ***IT WILL NOT LOP!!*** However, if they do not change the rate, the inflation will rise very quickly and essentially erode their budget, in other words, with the effect of a lop. I hope this is understandable.
Frank goes on to say, that with all of the advisor’s fidgeting and reactions to these particular questions, that they are trying hard not to tell us something! They are dying to tell us. They know very well what they are doing behind closed doors, not in front of parliament; but in Maliki’s home, or closed doors in the halls of parliament where we cannot see them nor hear them; nor see their lights that are on.
Steven chimes in and, mentions last week, how we were looking for a transcript from Shabibi meeting with Maliki, only to find out that they met in Maliki’s home and there would be no transcript to find after all.
But that the team member was sure that they were discussing how to get this done possibly this week.
Maliki also had other people meet at his home today besides Shabibi. Stephen says that what he comes up with is that Talibani was there with Maliki today. There was an article that mentioned it yesterday. They were speaking about resolving security situations and the troops leaving. Frank says, yes, they are…and a great many other things!
Stephen goes on to say that they would also be looking to name the ministers during the upcoming holidays around Dec. 6th. The GOI, is busy working with their lights on. This is not normal. There is a pattern broken lately. They do not go out of their way normally. But when it comes to making money…watch out! LOL.
There is going to be A LOT of money rolling over from the 2011 budget into the 2012 budget. You see they, never really never announced their budget last year, much like we did not here in the US.
Frank says, they only used about 20% of the 2011 budget and the year before that maybe only 10% of that budget. Why, because the US was footing a great deal of the bill for them. Frank thinks we were giving them almost 1.5 billion per month. Our coffers were emptied. We have nearly destroyed our own dollar and given up lives to see this happen and give them what they now have. Although the US has poured tons of money into Iraq, there is going to be a reward at the end of this plan.
Now you notice how the people of Iraq probably should have and could have tore Iraq apart because they have not been getting as much of what they need as they should have. However, they have not, have they? Especially, when all the neighboring countries have been doing so. But why not the Iraqis?? The reason is, they are being patient because they know very well what is about to happen with their currency! So, they have not made any noise about it.
Hillary said yesterday that was SO powerful; if we do what we need to do, Iraq will surpass China’s growth!
They have not used much of the money for the people, yet. But TEAM has been telling us that they are getting ready to take care of the people. They are now, NEXT. The budget, the HCL.
The other two rumors, the Lower denoms are NOT out. No! Impossible! Why would you put your shoes on and then your socks? Does that work? No, of course not. The rate will either come out first or you will see them hand in hand come out. Why would you release the lower denoms and then…stare at them?? Why? You have NO RATE to give them value!
The lower denominations are well distributed now, there was information about Islamic banks today, we won’t talk about the Rakiem(sp?) bank, but there was information about it, do some homework. Look into it.
It is Frank’s and his team’s opinion that the lower denoms and the rate will be released hand in hand or the rate first and then the lower denoms. If not that same day or sequentially and you’ll see it the next day.
“T” other question about Shabibi wants to lift the 3 zeros from the exchange rate within the next two days; it’s kind of like what team announced on Monday, Frank believes very strongly what was talked about on Sunday was that Shabibi wanted to release the rate by yesterday so that tomorrow the 17th it shows “somewhere”. God only knows!
Frank is interrupted by Tink about some “intel” that just came in about a bank that has some “good” information for us. But Frank asks to allow him to study and make some calls tomorrow and perhaps share with us on the CC if it is in fact of some value to us.
Back to the budget again; now, according the GOI they have a money supply of around 32 trillion dinars and want to reduce this to 15 billion dinar. The budget is to be $112 billion dinars for 2012. Hmmmmm! Also, keep this in mind; Kuwait has a money supply around 20 billion. Ok, now Iraq has a money supply around 32 trillion and want to reduce this to 15 billion and their 2012 budget is going to be 112 billion. Now the math doesn’t appear to add up.
Team tried to figure out different scenarios to make these numbers work, but it never made sense really. They would have to come out with a rate of 3, 4, 5, 6, or 7 dollars to accomplish something like this. How does Frank tell us, that so much money will be rolled over into the 2012 budget? What’s the price of oil right now? Does the math add up? If you include all the variables into the proper mathematical formula, yeah. It’s very, very hard to see what they are trying to do and not tell us. Watch what they do, not to what they say!
Iraq is getting ready to reduce this mass of cash by the deletion of the zeros. Of course they are. They have too much physical cash to work with on a day to day basis. By the deletion of the 3 zeros it will introduce the lower denoms to make transactions easier.
They also went on to say in the interview, that their monetary mass, all their money, would be reduced soon through the “assurance”(promise, guarantee) of a new currency with the 3 zeros being cancelled. This means that the introduction of the lower denoms is coming soon. This was on Iraqia TV and in an article today. Wow!
Visas in the next 48 hrs will be distributed? Why didn’t they do this before at the speed of light?
If we don’t see the rate on the 17th, then we will be waiting for Maliki to bring the file before the Kurds to be checked off as accomplished, then to Obama on Dec. 12th to see that the Kurds are happy. Then perhaps have Maliki stand next to him as he announces to the American people and makes O look good. Maliki would then have an appointment with the USNC to get the last of the keys to chapter 7. The US has now made their air sovereign but then they can get the sovereignty of their land!
You do not give up sovereign air as it is a strategic advantage. You only give it up if it is of advantage to those who protect it.
Authors have done a wonderful job with “the plan”. The plan has gone perfectly. It has become clear now, that many things were none of our business, but it has been on course and we just needed to let it ride out its course to fruition. No one knew exactly when, but it has all become much clearer now.
There will be many, so many jobs created once we pull out and they raise their currencies rate. They need more people for their armies, air force, navy, etc. The contracts stipulate that to have a contract and work in Iraq, companies have to hire Iraqi citizens as part of the contracts.
Frank will only make this statement. Someone called and said, Frank, oil is coming into its second peak now. Yes, says Frank. We need their oil to pay our bills and avoid Iran’s plans.
A last cautious statement; we needed Hawaii, to keep an eye on Japan. We now need Australia to keep an eye on China; this was spoken by Hillary today in Manila, Philippines.
Iraq now has their own warplanes in their now sovereign airspace. They are proud again; they can raise their heads again and beat their chests after 20 years of wars.