Ishman: Iraq is in Control of its Destiny Now... and We'll See the RI when Iraq is Ready... and that Will Be Soon. (IMO)
In our little private discussion group, I've been waiting for the last shoe to drop in the process of the Iraq RI/RV release. I think this last shoe has dropped, and Iraq will release the RI when it is in their best interest to do so... and this will be "soon."
PM Abadi is a very good leader, and a skilled politician. He has the team he wants in place, including Dr. Shabibi. His ducks are just about completely in a row.
Abadi's mission is to unify Iraq as a democratic republic, with power disbursed to the provinces, and the central government providing the leadership and guidance to make all Iraqi's lives better, throughout their country.
Iraq is a sovereign nation, and can trigger the RI any time it wants. And when it pulls the RI trigger, the world banking system has a series of steps and processes it must take for the RI to roll out.
None of the big central bank players and their respective governments wants to miss out on the growth opportunity that commerce with Iraq will provide, so when Iraq RI's, its currency will be reinstated, period. Can the US stop it? Yes, at its own peril..
And the US has too much invested to let Iraq fail. The US needs Iraq as an ally in the fight against terrorism. And the US needs Iraq as a successful, self-governing, democratic republic in the middle of the Arab world, as a shining light of what proper self-governance offers to all peoples in the Middle East. So the US is all-in as soon as Iraq RI's their currency. The US has no choice.
So why hasn't the Iraq RI not yet been initiated? Because Abadi & Shabibi aren't ready, yet. The US gets to be the "fall guy." But PM Abadi gets to unify his people against an "outside influence," as well as get what he needs in the form of a last group of concessions on the Amnesty Law.
This needs to have teeth for the capital crimes, but allow some grace for the subordinates "forced" to do their former governing goon's business... at the peril of their lives... and receive a get-out-of jail card free.
This way, there are no blood feuds developed between tribes and political factions. Properly managed, Abadi and his Team will give Iraq a fresh start, from a place of unity among and between the tribes, sects, and local, provincial and federal government agencies and leaders. Bravo for them!
In my opinion, the pressure from the last minute RI release delay could easily bring the final threads of the Amnesty Law to fruition by today or tomorrow, and we internet groups could be on our way making appointments for early next week just as planned. As Tony frequently says, "he likes the weekends." Guess what's coming up...
And something else sticks in my mind regarding the Wed CC. Specifically, Tony & DC stated the RI was the direction Shabibi would take because of its ease of implementation politically and economically. Iraq has already met every requirement, so when the pull the proverbial trigger, the fun begins and it may not be stopped.
So in conclusion, Iraq is in control, and will RI its currency when Abadi and Shabibi choose. And Iraq will show themselves to have matured to act in its own interests on the world stage by initiating the RI, and forcing the US to play ball with the rest of the world.
I'm disappointed not to have an exchange appointment now, or not to have actually completed an exchange, but I remain optimistic and confident our turn to exchange is right upon us at this writing, Jan 1 2015.
Happy New Year.
Don: Enormous 5,000 Year Old Subterranean City Found in Turkey could be world’s biggest
R.V. / GCR January 1, 2015 All is Good i am thinking about which dancing shoes i want to wear they are all looking good, get ready its almost showtime. TIMBERKIDS....I JUST SAID MONDAY AGAIN....MAYBE its all in my head?
R.V. / GCR January 1, 2015 at 11:14pm Groups starts should be in place by Monday....the Republic NEW MONEY OUT this month. Take a chill pill the F& P`S CONTRACTS can move on 7th… the Bonds starts scheduled on the 15th...Timberkids
SA2 :Happy new years family. Does anyone know if our congress passed the postponed 2010 imf reform bill? I beleive it was to be done no later than 31dec14. Will this impact the US in their voting power. Aloha sa2
RickLibby: Hi Phil Happy New Year; the last i read was the IMF was to make decisions on how to accomplish getting votes to do it anyway. and allow the vote of the US be diluted basically by the brics group. IMO it will also cut the largest deposits of funds to the IMF from the US down more that the IMF could tolerate.
also i do believe the oil price situation will correct a few errors made by the same group of countries. in as much to show they cannot replace the losses caused by their increase in voting power. JMO. Rick
Aggiedad77: You know for an old goat you speak a great deal of wisdom......I agree.....I think that CL is now intent on her "Plan B".....a point to thoroughly embarrass the US and weaken our dominance within the IMF.....I'm of the opinion that the BRIC's entities are not prepared to lead anything....nor be in a position to make decisions that can/would affect world powers and economies.....I'm also thinking that the IMF needs fixing.....adjusting....but not in the ways being proposed....IMO of course.
Aggiedad77: Once again I can't quite put my finger on why........but this article seems to really be saying this is already done.(See article below) ...something we've heard Frank say over and over again.....if it can be such a simple process.....then go ahead and just show us.....how is it done.....passing popcorn out to everyone....let's watch how this works....oh and a few COOKIES for Frank too. Aloha Randy
walkongstick: Artist (Hany Ramzy) puts Iraqi solutions to economic crisis
Haider Hussain Soeri
Civilized dialogue-number: 4680 - 2015/1/2 - 03:26
Theme: Administration and Economics
Iraq, a country of oil and wealth, is in crisis economic stifling, after wasting his vast wealth, at the hands of the owners of luxury throughout the past ten years, and what we see today of attempts, carried out by the new government headed by Mr. Abadi, to find solutions to this crisis, it is only attempts and solutions prosthesis , will promote the economic reality of the coming days, as well as being not a solution to the crisis ever.
The one who wants to get out us of this impasse, it must finding permanent radical solutions, or to pull out the roots of the former Iraqi economy, based on the methods and laws are incorrect, and that comes methods and new ways and laws, contribute to resolving the crisis, once and for all permanent, and to develop plans deliberate and programmed, reservation wealth, and help even managed to access the wealth to its rightful owner (the people).
Iraq's economy depends mainly base on the export of oil, and placed each year's budget in the light of the amount of oil production, the global price for the sale of a barrel of oil, and in the past years, and in spite of the arrival of the price per barrel to around 120 - $ -, remained more than half of the Iraqi people living under the poverty line!
What we want today is the application of the argument (oil people for the people), a practical application fumbles Iraqi citizen existence, on the ground of living material, that the citizen receives oil money in his hand, does not, however, his representatives, thieves and robbers, and putting this issue Artist (Hany Ramzy) in film (wants my right), but not the mechanism and the way they view the film.
We want to develop an easy and solid mechanisms, reservation wealth from waste, which is not a complex and difficult issue ever, with technological and technical development can be very simple and easy mechanism, is brief: to ]open a bank account for every Iraqi citizen, the conversion of the amount of oil its share during the month of him, and the citizen drainage on himself, his knowledge and his way is, how willing, and when he wants.
May object objector says: As the people is the official owner of wealth, it is not possible to collect the signatures of all members of the public to sign all contracts and agreements, and therefore must exist to sign on behalf of the representatives, and if I told the members of parliament represent the people, we say we go back to the first episode !?
Yes, it is important interception, but the answer is very simple: I think that is contracted by the Ministry of Oil, after the presentation to the Council of Ministers, The Ministry of Oil is the most efficient, because it is her specialty, and the direct supervisor of everything related to oil.
Remained something ...
Several objections and difficulties facing each solution raises remain, but we can always find a solution.