Franks Conference Call w/Delta Monday @ 7 pm est 10/29/12
skype:freeconferencecallhd.7676 or Call 760 569 7676 pin 156996# RunTime 120 MP3 LINK
Franks CC, Monday night, Oct. 29 by Zeke » October 29th, 2012,
Frank ... Greetings ............... whats shaken !!!! Delta will not be with us tonight.
No one is listening to Maliki. Shabibi IS going back to Iraq... Turki will go away.........
IMF has obligation to rebuild Iraq. The GoI & CBI also has to work with the IMF........ ONLY the CBI is ready
If Iraq is in such bad shape then why did Biden invest 100K in housing in Iraq?
If the CBI is going to replace the 100 & 250 notes........ then why RI ????
Shabibi wanted to replace these notes in Sept of 2012. Iraq is a cash society, Iraqis do not have bank accounts, so notes wear out much quicker, due to handling.
Remember when Frank said that he didn't want any Ukrainians to tell him how to vote. Meaning: The UN is suppose to supervise the voting areas to look for any voting irregularities. The Attoney Gen. of Texas, just told the UN to stay out of Texas. Franks says there will be a lot of shananagans during voting this year.
Read More Link On Right
Has the actions of Maliki interfere with the RV. Franks says it will not be an RV......... rather it will be an RI..... and NO, it will not slow the process. Frank is going to give "Time frame" for the RI tonight !!!!!!!
Frank hears that a lot of people compare the Iraqi Dinar to what happened in Kuwait. Franks says that when Kuwait RI'd their currency .... they made mistakes....... When Iraq RI's, the authors will not make the same mistakes and that "In Franks Opinion," the rate will be significant.
Frank talks about IMF article:
IMF reiterates its call to Iraq to lift subsidies on oil derivatives, energy and ration card
MONDAY, NOVEMBER 29 1 / OKRUDOLF 2012 09:15
Twilight News / diplomatic source revealed early Monday, a renewed claim the International Monetary Fund for the Iraqi government promises and the removal of subsidies on the prices of many materials, including petroleum and energy along with the ration card.
Said the source, who asked not to be named for " Twilight News ", that" the International Monetary Fund renewed its call for Iraq to lift subsidies on oil derivatives, energy and ration card. "
He added that "the International Monetary Fund to support Iraq during the past period, as part of an agreement includes contrast raise support for the Iraqi citizens.
The source continued that "this support includes petroleum and energy and the ration card, was the Iraqi government had requested period until the improvement of income of the Iraqi citizen."
And that "the International Monetary Fund will increase its support for Iraq if the Iraqi government not meet their obligations to raise support for the Iraqi citizens."
The source explained that "Iraq still needs the support of the International Monetary Fund in many aspects, including upgrading the fragile economic reality experienced by the country."
The IMF had demanded, earlier, the Iraqi government to lift subsidies on oil products and energy, as well as the removal of subsidies on the ration card as a condition for providing loans to Iraq.
The International Monetary Fund (IMF) had announced the extension of the period the financial assistance program to Iraq for an additional seven months, which offers a total assistance of $ 3.6 billion.
The Fund approved in February of 2010 loan to cover the needs of the country's balance of payments, and has since awarded two tranches of assistance in October 2010 and March 2011.
Walkingstick and SCers............Give me Your thoughts on this article......TY.
Everyone should read the following ..............................
Here is what WalkingStick said about the article:
As, with the budget.... agreement/s with the IMF on the PPB/ Budget.... The GOI, has been persistent... in, defying the recommendations of the IMF from the onset... Per their "articles of agreement" and "agreements" with the IMF, in... obtaining previous and future funding.... The GOI made a number of concessions/ promises to obtain such funding, only to... renege on such promises and agreements... The above, mentioned agreement/s .. in the article, demands that had been made by the IMF long ago. Although, they have/ had warned Iraq on a number of occasions... regarding the PPB/ Budget and fulfilling their agreements, this is the 2nd such... mention, of what.... some of those agreements entailed.... Leading to, the IMF.... threatening, to cease all future funding, if... they persisted in disregarding the IMF's recommendation/s and fulfilling their obligations, per the "articles of agreement".
Keeping in mind, the "articles of agreement"... for funding... Are, agreements made with the GOI... Not, the CBI
from Jim1126: Come on, People....
Iraq knows what the IMF wants them to do. Its been on the "to do" pile for months!
This is a not-so-subtle reminder to GET-R-DUN! by the IMF cuz its getting down to the wire.
Ive been quiet lately because im waiting for the election to be done, and then....BOOM!
You will see an explosion of steps being taken to move this forward...IMO...IMO
Remember, the GOI needs to see the rate to include it into the budget, and Maliki wants the rate to get released from Chap 7 from the UN, T wants the rate to get HCL and 140 passed for the people, B wants the rate so they can move forward with contracts and get independence from the bozos(eventually..), S wants to give the rate to give his country national pride in their currency....
I think we might see the rate on or just after Nov 6, so they can vote on their budget to have in place before 2013...IMO
Their New Year is Nov 15, so we should see the dominos start falling soon...Just no help for O!
Sorry for rambling.....
Frank says ......... that the IMF states that Iraq is NOT using the funds from the IMF for the people of Iraq, they are pocketing the monies. The IMF has told them (2nd warning) to do as the agreement stimulates or we will cut off ALL funding to you (Iraq). If the IMF cuts all funding from Iraq, that means that Iraq will have to start paying its own bills. Iraq is going to have to start paying back the IMF in Feb. 2013, and the interest is going up.
Look how much is wrapped around Chapter VII - Frank says that the Kurds were ahead of Iraq in all areas, now, they are WAY ahead (several years, 5+) yet the still want to work with Iraq.
The IMF says to Iraq........ Get your GoI seated and ready........... the CBI is ready !!!!
Frank says that Shabibi wants the new rate in the 2013 budget, to be ready by Jan 1, 2013.
Frank says ............. IMO ......... you will NOT see a National Conference or Formation of the GoI until AFTER the US elections.
Frank gives his Timeline for the RI ............. "November 6, 2012 - January 20, 2013 !!!!!!!!!!"
The GoI is returning Dec. 15, 2012 ......... why are they coming back at this time ?????
Please read post 175 of yesterdays thread. Franks asked one of the Admins to bring it over and post it on todays thread.
Christine Legarde ............. has agenda to make the CBI "Strong."
She stated that the IMF and Iraq, wanted to do something after Oct. 1, 2012. Frank says it will be after the US elections.
Frank attempts to make a joke about Christine & "The Voice," with Christina Aguilera ............... (NOTE: Frank.......... PLEASE ............. leave the jokes to the professionals........ because that was not pretty .......... not pretty at all)
Frank did not jump on the "Shabibi is a crook," bandwagon. He has....... and always will........ trust his team, that he has had for 4 years now.
Q & A
Area code 617 - Susan. She asked, "Is Chapter VII the only thing that we are waiting on for an RV?"
Frank asked is she was new to this investment? She says, "Yes, about a month."
Frank then gives a summary of Iraq in the 1980's and what happened with Saddam & the Sanctions at that time. Iraq was not allowed to be a part of the International community. Frank says consider this ........... Chapter VII is like a broomstick. The bristles are all of the parts of Chapter VII ....... we are down to the last bristle, and that is the RI. Frank cannot prove that this, but believes it ....... 100%. he said "This is the final step."
Jim in Augusta, Georgia, (he is the guy that takes care of the leaderboard at that golf course). He asked Frank what is the timeline? We have heard is will RV on a Sunday, Tues or Thurs. He reference the Bloomberg interview where someone said, "One Saturday night you will go to bed and on Sunday you will wake up rich!"
Frank says it will be on a Tuesday or Thursday.
Jim asked one more question, "Will Hillary need to be in Iraq when it RV's?"
Frank says, "Yes."
Also ........... this is FRANKS opinion ........... and ONLY FRANKS opinion ............ "If Obama gets elected again, we will NOT see the RI in 2013 !!!!!!!!!!!!!!!!!!!!!!!!"
Area code 414 - Jeremy. (he shares the same birthdate as Frank, Dec 20) He asked, "Why Nov. 6 - Jan 20 ???
Frank says........ "The GoI will seat itself for all of the world to see in this timeframe."
Frank has spoken with several banking experts, and they have told him........ "Look for chaos at the end of this."
Have you noticed that while Maliki has been saying ....... "Squirrel," the process for lifting the 3 zero's continues ???
Frank states that in the last 2 weeks of December ....... Look for Iraq to shut down ALL communication & info, so it will blind the world to what is going on inside Iraq.
Question ............ If Obama is re-elected, will this delay the RV?
Yes ............ the reason is............ the last time the world saw a like event ..... (Kuwait) ........ the wrong party got to use the money.
Eagle1 gives a brief report of US Bank. They told him that they are in the same position as Wells Fargo........ the are waiting for Chapter VII to be lifted. He also is going to be put in touch with US Bank's investment dept. He will keep us posted. Frank closes with prayer.