Zzzzzzzzz: 9/21 Abadi Speech - Must Proceed with the Reforms
Prime Minister Dr. Haider Al-Abadi: there is no substitute for proceeding with reforms except chaos and the return of abhorrent dictatorship
Sept 21 2015
The Prime Minister Dr. Haider al-Abadi stressed that the fight against the political quota system is an essential part of the fight against corruption because personal or party loyalty leads to promotion of those close to you at the expense of the professionals and capable people, and this injustice destroys society and we will not allow it.
The PM said in a speech during his attendance on Monday (in a ceremony honoring the teams completing the pension applications of the families of martyrs in their homes) that the people may be patient with the difficult economic situation, but they will not stand for the presence of a privileged class that enjoys protections.
He continued: I said from the beginning that the demonstrations are an alarm bell that helps us to address the imbalance in our political system and to cooperate in addressing the issue of salaries and protections, and if the government has a responsibility to protect officials from terrorism, this does not mean that there will be armies of protection details equivalent to three divisions, and there cannot be for one person a protection force of 500 or 800.
The country needs combat troops defending the homeland and the people. We are continuing these reforms for justice and equity and the abolition of inequalities, and I will not back down even if it cost me my life, because the alternative is chaos and the return of abhorrent dictatorship that brought wars and mass graves and the sanctions and destruction.
The correct action is to modify our political system and fight corruption.
The Prime Minister added: I said as prime minister when I do go out to visit areas that I do not cut off the roads and do not use armoured vehicles, and put my needs as a marker for the protection needs of officials.
He pointed out that we are seekers of peace and not war, and this war was imposed on us, and Daesh entered our territory from Syria with the support of others, but the magic turned against the magician, and Daesh today threatens the Gulf states, Turkey and Jordan, and does not target the Shia only and so it exploded mosques in Saudi Arabia, and therefore we believe calls for cooperation to counter Daesh.
The PM added: Even some who supported Daesh and thought they came to serve them, they discovered the truth, and our troops are welcome in Al-Anbar and Salahuddin, and we reassure the sons of Nineveh that we are coming to free them.
He praised the volunteers who serve the families of the martyrs and the initiative of the completion of their transactions in their homes, because they offer a bright image of Iraqi youth. He said: the nation which cherishes its sacrifices and serves their families, deserve to be raise the standard of freedom, and in particular the martyrs of the popular mobilisation who seek martyrdom walking on their feet and will not give up their nation for money and sacrifice their lives so life can continue.
The Prime Minister ordered the start of an initiative to care for the wounded in hospitals and homes for those who deserve care for a longer period, and instructed to simplify the procedures for the completion of transactions for citizens and investors, because if the procedures were simple the citizen and the investor would not be forced to pay a bribe to progress their transactions, and these corrupt people are showing resistance to efforts to fight corruption, because they stand to lose the illegitimate money that they receive.
Prime Minister’s Media Office
Monday 21 September 2015
[xyz] Moody’s Rates Iraqi Govt Bonds ..Moody’s Investors Service has today assigned a provisional rating of (P)Caa1 to Government of Iraq’s planned USD-bond issuance, with a stable outlook. Moderate economic strength: a sizable but undiversified economy with robust growth prospects Iraq is oil-rich and has a lot of potential for economic development and growth. http://www.iraq-businessnews.com/2015/09/21/moodys-rates-iraqi-govt-bonds/
Rajaf: My personal list of the 1st 10 things to do post RV.
1. move 55% into holding account - pay state taxes this month to get the fed tax deduction. That’s 11% for us and 13.3% for California.
2. locate CPA to help with taxes and prepare for the initial Jan 15th Fed tax payment
3. pay off mortgage / debts
4. insure funds
5. meet with tax attorney to discuss trusts and LLC
6. purchase precious metals
7. set up MCA and purchase foreign currencies
8. purchase land & rental properties
9. set up annuities
10. Investigate other investment options
firefly Reforms are already in process as in being implemented. M [Maliki] is nuisance but no more than a fly on the wall! If we have to wait till all corruption is done with...we will be waiting forever. Corruption is in EVERY country...NOT just in Iraq.
Millionday Article quote: "President of the Republic Fuad Masum, the detection of the completion of the project of reconciliation in the country poses after Eid al-Adha."
FINALLY A TIMELINE FROM MASUM... ACCORDING TO WHAT I HAVE READ THE RECONCILIATION IS PLANNED AND BEING PROMOTED TO TAKE PLACE AFTER THE EID FEAST ON THE 27TH –
HE IS STATING THAT THEY WILL NOT RESOLVE TERRORISM WITHOUT NATIONAL RECONCILIATION.
THIS IS HUGE, HUGE TO BE PROMOTING THE NATIONAL RECONCILIATION CONFERENCE.
Manaolana3 » September 21st, 2015, 4:32 pm • QUESTIONS FOR IRAQ
THERE ARE MANY MOVING PARTS TO THE ECONOMIC AND MONETARY REFORMS AS FRANK STATED. SEVERAL THINGS MUST OCCUR BEFORE DR S RETURNS TO THE CBI: 1) STABILITY AND SECURITY 2) PASSAGE OF LAWS 3) MALIKI NEUTERED AND ALAK GONE.
THE QUESTION OF SECURITY AND STABILITY MUST BE ADDRESSED ON DIFFERENT FRONTS IN ORDER TO BRING FISCAL RESPONSIBILITY, BUILD CONFIDENCE, AND FAVORABLE CONDITIONS AT ALL LEVELS BEFORE TRUE ECONOMIC AND MONETARY REFORMS CAN BE ACTIVATED.
HERE ARE MY QUESTIONS FOR IRAQ:
IS IRAQ MORE VULNERABLE NOW THAT THE SANCTIONS WILL BE LIFTED? WILL IRAN STAY OUT OF THE INTERNAL AFFAIRS OF IRAQ? IF NOT, HOW DOES ONE CONTAIN THEM? IS IRAQ"S MILITARY FULLY PREPARED TO ENGAGE WITH A FORMIDABLE FORCE LIKE IRAN IF THREATENED? WHAT ROLE WILL THE US PLAY IF ANY?
WHAT IS THE NEW ME POLICY ON THE WAR ON TERROR? WHAT ARE THE CHANGES AND AT WHAT COST? WHO ARE THE PLAYERS AND WHAT ARE THEIR ROLES? WHAT GUARANTEES AND ASSURANCES DOES IRAQ AND THE REST OF THE ME HAVE THAT IT WILL WORK?
IRAQIS ARE AMONG THE THOUSANDS OF MIGRANTS LEAVING THEIR COUNTRY BECAUSE OF DAASH AND PERSECUTION. THEY ARE IN SEARCH FOR A BETTER LIFE BECAUSE OF THE LACK OF JOBS, HOUSING, POOR LIVING CONDITIONS, ETC.
THERE IS ALSO A GROWING CONCERN MANY WHO SERVE IN THE IRAQI ARMY ARE LEAVING. WHAT IMPACT WILL IT HAVE ON THE SECURITY OF IRAQ NOW AND IN THE FUTURE? HOW WILL IRAQ BE ABLE TO DEFEND ITSELF ON THE WAR ON TERROR WITH DAASH IF THIS TREND CONTINUES?
WILL THIS MOVEMENT PUT DRS A & S ON A FAST-TRACK TO IMPLEMENT THE ECONOMIC AND MONETARY REFORMS SOONER RATHER THAN LATER?
THE MONEY LAUNDERING LAW WAS RECENTLY PASSED TO ELIMINATE CORRUPTION, THEFT, FRAUD AND ABUSE. DOES THE CBI HAVE THE RESOURCES AND TOOLS TO BRING ABOUT THE KINDS OF CHANGES NECESSARY TO ENSURE FULL COMPLIANCE AND FISCAL RESPONSIBILITY GOING FORWARD?
WITH THE REDUCTION IN OIL PRICES, LIQUIDITY IS AN ENORMOUS PROBLEM FOR IRAQ. DIVERSIFICATION AND INVESTMENTS ARE HUGE VEHICLES TO DRIVE THEIR ECONOMY. A VOTE ON THE INVESTMENT LAW WAS DEFERRED TO THIS WEEK. DO YOU ANTICIPATE ANOTHER DELAY AND WHY, OR WILL IT HAVE A GOOD CHANCE OF PASSAGE?
OIL IS THE PRIMARY REVENUE FOR IRAQ. WITH THE GLUT IN THE GLOBAL MARKET, OIL PRICES MAY DROP AND FURTHER EXACERBATE THE LIQUIDITY PROBLEMS FOR IRAQ. WITH IRAN IN THE MIX, HOW WILL IT IMPACT IRAQ'S ABILITY TO COMPETE FOR GLOBAL MARKET SHARE? WILL IRAN AND OTHER OIL-PRODUCING COUNTRIES CURTAIL THEIR OUTPUT SO THERE IS AN EVEN PLAYING FIELD?
IRAQ'S PROPOSED BUDGET FOR 2016 IS AT $45/BARREL. CAN IRAQ MAINTAIN IT AT THAT LEVEL AND WHAT ARE THEIR PLANS TO INCREASE THE PRICE OF OIL. ARE THERE PLANS FOR THE GCC (GULF COOPERATION COUNCIL) AND OPEC TO ENGAGE IN DIALOGUE TO ADDRESS THIS ISSUE AND WILL IRAN BE A PART OF THAT DIALOGUE?
IRAQ RECEIVED TWO CREDIT RATINGS RECENTLY FROM FITCH AND S&P B/B- RESPECTIVELY. AN ARTICLE PUT OUT TODAY BY WS POST #64 THAT MOODY'S ASSIGNED A PROVISIONAL RATING OF (P) Caa1 TO ENABLE IRAQ TO ISSUE USD-DENOMINATED BONDS.
IT FURTHER STATES MOODY WILL REMOVE ITS PROVISIONAL STATUS RATING AFTER THE BONDS ARE ISSUED AND A REVIEW OF THE TERMS OF AGREEMENT.
THE ARTICLE FURTHER STATES THAT "THE RATING COULD MOVE UP SHOULD POLITICAL AND GEOPOLITICAL TENSIONS REDUCE MATERIALLY AND SUSTAINABLY. OVER THE LONGER TERM, GREATER ECONOMIC AND FISCAL DIVERSIFICATION WHICH REDUCES THE GOVERNMENT'S AND THE ECONOMY'S DEPENDENCE ON OIL WOULD ALSO BE CREDIT POSITIVE."
IT COULD ALSO HAVE A NEGATIVE IMPACT IF "DOMESTIC POLITICAL STRUGGLE, UNEXPECTED GAINS BY ISIL, A RETURN TO CIVIL WAR, BUDGET DEFICITS, REDUCTION OF "GLOBAL OIL PRICES STAYING BELOW $50/BARREL AND GOVERNMENT FAILING TO RESPOND WITH ADEQUATE FISCAL REFORMS."
IS THIS THE CHANGE IN THE CREDIT RATING THAT FRANK SPOKE OF ON OUR LAST CC AND IF SO, WHAT IMPACT WILL IT HAVE ON THE MONETARY REFORM?
WHEN WILL THE LOWER DENOMS BE ISSUED?
AS LONG AS "M" REMAINS, HE WILL BE A CONSTANT THREAT TO DRS A & S. WHAT MEASURES ARE IN PLACE TO PREVENT HIM FROM EXERTING ANY MORE INFLUENCE IN THE POLITICAL ARENA AND THE SECURITY OF IRAQ? WHAT STEPS ARE UNDERWAY TO BRING HIM AND HIS ASSOCIATES TO JUSTICE FOR THEIR CRIMES AND CORRUPTION?
Frank26: WOW CUZ !!!!!!!!!!!!!!!!!!!!!!
We have 17 files for You tonight and You just touched on some of them.......