Aggiedad77: As promised.....denaridori's version of last night's DESSERT notes....thank you for taking the time to provide these. Aloha Randy
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CC Tuesday “Dessert” – Dec. 29, 2015
Aggiedad: Frank’s got some things he wants to share tonight. I know last night he talked a lot about the trifecta – the tariffs, the 2016 budget, and, obviously, the lower denom’s are part of that.
Frank, I’m just going to ask….are you still really confident that this is all part of that and that’s what we’re looking for?
Frank: Yes, and first of all, greetings to everyone. All honor and glory to our heavenly Father.
Yes, no doubt, we feel that those lower denom’s are not only in Iraq….and being guarded at the US Embassy… but I feel that they’re now now going to be distributed --- be escorted --- to different banks walking in to next year. I feel that the budget that we saw on Wednesday and then on part of Saturday told us that there was an amazing swing – pendulum swing – that we told everyone to look for. A surprise…
Nobody made a post about it, but because nobody posted, I didn’t respond to it….I left it alone. I don’t know how else to prepare somebody ….there it is right in front of your face and when it was avoided and I avoided it too, I suppose.
But we feel that those LD’s have found their way to the banks where they belong. We talked about how they leveled these cities, but they didn’t level the central part of the city where the governmental offices are at….where the banks are at…the institutions that keep this country are there because they don’t need to level them because they don’t need an economic reform. It’s the citizens that do and peripherally everywhere around…they’ve got that ready…the lower denom’s are ready.
The budget was announced over a month ago…yeah, we got it. And on top of that, our teams have told us, with good confidence, that the HCL is in there…it’s in the budget for 2016…something we’ve never seen in over 10 years – it’s ready before the year starts. The only budget we’ve ever seen that’s been structured to launch these economic reforms.
They bragged about the budget and IMO we saw the lower denom’s…IMO evidence of the lower denom’s is the auction.
As far as the tax and tariffs…it makes up the final phase of the trifecta. Jiminy crickets…they’re at the borders…not only are they at the borders, but they’re with the dealers…the exchangers. Not only that, they’re at the ports. You can’t find me a place where a mouse can squeeze in without paying taxes. That’s interesting…
And this trifecta has turned into a tetrahedron….there is a 4th thing that we talked about in our Monday night’s call that’s playing a big part of that is right now. Don’t talk to me about that right now because I don’t want to talk about it right now. LOL
Aggiedad: So how’s it going to be funded.
Frank: Sure…don’t talk about #4 but you found a way! LOL The trifecta has turned into a tetrahedron where it’s now turned into 4 sides..besides the tax and tariffs. They have oil now…IMO this oil started right around this time last year…you know how I like to role-play so…
Knock, knock, knock! Who’s there? --It’s us…USA! Can we come in Saudi Arabia? -- I don’t know…it depends on what you want this time. Well, you’ve been saying we’ve been with these strange bedfellows we’ve been getting in bed with. – Yeah, you see us doing anything with Iran? -- No, we’re not asking you, Saudi Arabia….Russia? China? No, we’re not asking…Look, we’re asking if you can lower the price of oil. What? You may as well ask me to get in bed with China and Iran…Come on…can you lower the price of oil? NO…are you crazy? Tell you want…we want you to do it next year…around this time of the year.
Low and behold…they did it when they agreed upon it probably over the 7 months…We talked about Saudi Arabia…and OPEC on our conference calls…doing us a “favor” – look at your notes…the words.
So, you’re going to go international in 2016? – Yeah, but you’re going to lower the price. See we’re in the process of defeating an enemy and we’ve been working on defeating them right around this time last year…So a year later, they were choked out by removing that with which they used to fund themselves. It goes around and around….because everything needs oil and everybody pays oil. So ISIS and DAASH funded themselves like pirates…and selling what they stole. Their ill gotten booty got kicked in their booty because it was almost worthless…it’s $ a barrel now – it’s not even worth selling it on the black market if you sell it a half that price. On top of that you’ve gotta take another bite…there’s no money…and it worked!
So, Saudi Arabia – thank you because the trifecta going into the 31st-1st for the taxes and tariffs but if you guys hadn’t lowered the price of oil, we wouldn’t have had the budget to lower the denoms or taxes and tariffs if you hadn’t done what you did. Your efforts and the USA – our armies are the ones who defeated ISIS but your guys helped a little bit…
How many times did we tell you, family, we can’t tell yu what we’re doing but we have to give them all the credit. It has to look like an Iraqi middle-eastern victory….In fact, if you go to the Wall Street Journal on page A-7 you’ll see under world news a big beautiful picture of Iraqi’s – they look like Americans but they’re not. They are the Iraqi army – it says in big bold print …the turn around for the Iraqi army. Yeah…that’s what’s supposed to happen right now…IMO.
One was to have the security and show that they themselves did it…I’ll tell you what…this budget now needs the taxes and tariffs, the budget needed…and also what needs to fuel most of it – OIL…the price.
Tell me SA….are you guys happy? Terrorism is gone…Tell me SA, are you happy with the USA that terrorism is gone. Tell me – how’s your country? How’s your people? -- We’re pissed. No one is going to give us the credit…we’re always the bad guys, but no one is actually going to ….STOP STOP…turn around and look at us.
Allow me to read you headlines again in the WSJ – World News Section today – on page A-10 –
Headline: LOWER OIL PRICES HIT SAUDI ARABIA’S BUDGET.
SAUDI ARABIA REVEALS PLANS TO CUT EXPENDITURES AND SHARPLY RAISE DOMESTIC FUEL PRICES AS THE WORLD’S TOP OIL EXPORTER COP WITH THE NEW ERA OF CHEAP CRUDE PRICES. AFTER YEARS OF MASSIVE PRICES...OIL… TO BOLSTER ITS ECONOMIES TO BUY SUBSIDIARIES, ENERGIES, AND OTHER UTILITIES TO ITS 30 MILLION PEOPLE …
A STEEP DECLINIE IN OIL PRICES HAS FORCED THE KINGDOM TO RE-ASSES THEIR PLANS FOR 2016. SHORTLY AFTER THE UNVEILING OF THE BUDGET FOR 2016 – SAUDI ARABIA INCREASED DOMESTIC FUEL PRICES IN A MOVE THAT SUGGESTED IS WILLING TO ADOPT SOME DIFFICULT MEASURES…(NO KIDDING! LOL) …
AS IT DEALS WITH WEAKER OIL PRICES, A CUT IN SUBSIDIARY RISK, A BACKLASHE OF THE KINGDOM THAT ITS CITIZENS ARE NOT ACCUSTOMED TO CHEAP ENERGY PRICES.
(No kidding…welcome to the new coalition, Saudi Arabia, whether you like it or not…but you did want to, didn’t you?)
Saudi Arabia wanted the same thing everybody else wanted – SECURITY. By removing these terrible, terrible terrorist…what did it cost them? Well, the reciprocal that’s about to happen with the 2016 budget of Iraq – don’t worry Saudi, you know what’s going to happen in January…you’ll be all right. Your budget will bounce back. You’re not cutting that much, you son-of-a-gun…come here! Let me rub your head a hard as I can….come on!
What’s your budget?...Well, our budget the year before was about $975 BILLION RIALS…Saudi Rials.
So, what’s your budget this year ..your cutbacks…Our budget is $840 BILLION RIALS… $840B? -- Yeah…You only cut over a $100 Billion? -- Yeah…Not much of a cut, is it? -- A big cut for us. – You guys are going to bounce back. – I don’t know. – LOL
When you look at Saudi Arabia who did something, paying attention to it – not what their budget is but what it cost them, the reciprocal is the complete opposite with what Iraq did, isn’t it? On top of that, both of these budgets – Iraq’s and Saudi Arabia’s – will bounce back very nicely if the price of oil goes up around the 3rd or 4th week of January anyway. I don’t know…I hope so!
Did I answer your question, aggiedad? I hope so! LOL
Aggiedad – I know you’ve been out …there was a post made on the old thread just before it closed this afternoon where it shows that Turkey is still being the bad boy…It basically said they were buying oil from the terrorists with ISIS at a rate of $10 a barrel.
Frank: No, that’s why on our last CC call we told you that the concept of the cost of oil for a budget and for funding, be it a war or economic reforms. That’s just one of the things they’ve done, but it’s a nasty one…they know darn well …because they’re not part of the first basket…they’re kinda pissed off. They have things through us – Good God! They’ve good food, basis…the good quality of life…they don’t need anymore. They decided since they can’t be a part of this, we’re going to steal them.
A: I posted to that article as well, but my post speaks to what you mentioned how the terrorists are bought out and how they’re losing their funding because they can’t afford…they’ve taken possession of 15-19 oil wells, primarily in Syria. They’re moving this oil through Turkey but you can only pay $10 a barrel for it and people have This is a little bit of my background, but it takes a certain amount out of the ground – a certain amount of money wherever it is whether it’s Syria or Iraq to the coast to put it on a ship to take it to Turkey.
All that transportation adds up and if they’re only getting $10 bucks for it, they’re not making hardly anything and they’re not going to be able to stay afloat much longer. We’re seeing evidence of that.
F: Discounted rate – with another pump and it’s not even worth it. Are you telling me you made a post today on almost word for word of what I said? Wow! As God is my witness, I haven’t read page 4 – being on the phone and talking with you…the phone’s been ringing since I’ve been talking to you and have to reutnr these calls now. That’s amazing, Randy, you and I – I made a post that when couples live together for a long time, they start looking like each other. We don’t live together but we’ve been together for a long time….we tend to talk a lot like each others.
A: You and Jan don’t look alike, and she’s a lot better looking than you are.
F: She’s pretty – I’m pretty ugly. LOL
Anyways, it’s cool…and nobody’s paying attention that Saudi’s been willing to do this. Wait till you see the oil check right now….and their budget. They trimmed it down to meet the requirements. NO, they didn’t – they just hid a few things.
Look at Iraqi’s budget…it’s insane! It’s crazy! And they’ve got not liquidity – they’ve only got one option. And, don’t forget..the RI to the RV is on the 31st to the 1st IOO…and we think that the RI started on Dec. 1st but you gotta be sure about this. It takes roughly 2 weeks for these things to move into the next phase. We’re looking into the 13th or 14th to see what happens. And if we have to go any further, we will. If someone throws their arms up, I’m sorry, we show you the door. Just go….if you’re not disciplined to study, we ask politely, just go.
I think there’s some amazing things that are going to happen in this first quarter in 2016.
A: I’m 100% with you on that.
F: I leave you in peace…don’t be so shy—POST! Take care and talk to you soon!
Aggiedad said he’d post notes in early morning. Hope you’ll be with us next week for our bible study and have a good week.