(Thank you George for emailing this to Dinar Recaps.)
UU5519 – "Another Week" by Mnt Goat
I wanted to hop on today to give you an update on the continuing saga of the Iraqi dinar revaluation process as this week progressed and is concluding. If you have not done so already I wish to invite you to read the last news letter dated 6/3 (LINK) since today’s news is a continuance.
All is excellent news and I can hardly believe what I am reading since much of what is happening now has been anticipated and long awaiting. It is like taking a trip and using road signs, pointing to a direction and telling us this is the path we must take. We are getting yet closer to our final destination but the journey is bumpy and road is less traveled by many who try to bring the valid information.
Now that we are in the June time frame there are so many promising events that could get us the RV. I always said we would have to wait to at least until the June time frame before we could even think of an RV.
Now that the June and summer time frame is here I could tell you in much more detail why I have been saying we had to wait for this time frame but this information is not for me to divulge. Some information should just not be made public and could be misunderstood and confusing without having a full understand and knowledge of many years of progression and history of Iraq and USA politics. Too much information at once sometimes is not good. I will try to bring you this additional information in future news letters and I will bring it slowly so you can understand.
Once again I am not saying Iraq is going to RV their currency in June or even July but what I am saying is there are very strong possibilities that the completion of the events that I am describing today could be accomplished in a very short period if ONE element is eliminated.
By the end of this news letter see if you know what this ELEMENT is and why it is so important that it be eliminated to have the progress we are looking for. This is your homework for this news letter…..lol….
Today is Friday June 6th and still no RV. Yes it is JUNE already….surprise, surprise, surprise…!
Some are saying we are now in a very good window for an RV. I am hopeful however but I have to tell you there are still a few critical items I am looking for prior to any RV. So either they have accomplished these items and we have not heard about it as of yet, or there is still work for Iraq to do.
So today let’s look at what we all should be aiming at seeing in the news very soon.
1)LOOKING FOR NEWS OF SUCCESSFUL PAYMENTS MADE OF OIL REVENUES TO THE CITIZENS.
They actually told us they wanted to begin paying out these oil royalties in the June/July timeframe. Still not news of any payouts and its June 5th already.
I am asking this because I read a very weird article the other day about discussion parliament about the oil and gas law and how they are driving to get it passed. I included also another article today again mentioning they needed the oil and gas law passed.
So why would they advertise (just a few weeks ago) that they are about to payout oil royalties to the citizens tied to the oil and gas law and the 2015 budget, if the law was not even passed? So maybe it is not passed and they have to wait for that first? Will this delay the payments?
So if they do not payout in June/July, as said, this could be a holdup too in the revaluation.
So them we divert our attention to now looking for this law to be passed. But I believe it has been passed already, just so you know. Something is very weird. It will all come clear in the next week or two.
2)LOOKING FOR NEWS OF OPENING AND SPENDING THE 2015 BUDGET
So in my last news letter dated 6/3 I included an article about Abadi’s council of ministers filing court order to stop the budget from being opened. In the same article parliament stated that this procedure on the budget law was unconstitutional since the law was passed, ratified and in the gazette already, yet not opened and it was 4.5 months later already. So this week we see an article from the parliamentary finance committee to the council of ministers stating they will bring suit against the council to stop the decision to postpone the opening of the budget. They stress that waiting longer will only make the economic crisis worsen. This puts pressure on the GOI to open the budget. This is good news for us since we know Abadi wants to open this budget and begin spending it with a new revalued rate. So either they complete the currency reform or they open the budget at the 1166 rate and go through them money like water.
BRING A CIVIL ACTION AGAINST THE COUNCIL OF MINISTERS FOR THE NONIMPLEMENTATION OF THE BUDGET ITEMS
A member of the Parliamentary Finance Committee MP Ahmed Sarhan, Thursday, that his committee raised a civil suit against the Council of Ministers of the Council due to the issuance of deliberation in the implementation of the budget items.Said Ahmed for "Eye Iraq News" that "the House of Representatives and by the Finance Committee authorized the Chairman of the Legal Service of the Council to submit a civil action in court," adding that "the lawsuit claims submitted to the Council of Ministers to cancel the decision to postpone issued." He said the "one of the reasons that prompted the cabinet to issue a decision to wait in the implementation of budget items is the economic crisis experienced by the country, and there are no cash, while stressing that the wait makes the problem more complicated."
He called for "the application of budget lines for the purpose of access to the Iraqi economy as a decree in the general budget of the country," .anthy 4
3)LOOKING FOR MORE NEWS ON THE STATUS OF THE 4 TARGETED LAWS WE KEEP HEARING ABOUT OVER AND OVER AGAIN AS HIGH PRIORITY FOR PARLIAMENT.
These include the National Guard law, Parties law, Judicial Reform law and Amnesty. We know that the first three have had 2 readings already and Jourbori has stated he wanted to vote on these laws in a “basket” of laws last Friday. I have heard this did not happen and they planned to vote on only the Parties law and Judicial Reform law in this session. I will take what we can get.
But I do want to reiterate that the National Guard law and Amnesty are very much needed as part of the Reconciliation package of reforms and MUST be passed and at least partially implemented prior to any RV. So let’s also look for news about these laws in the coming weeks ahead.
So out pops the article 1 below. I like this article because it tells us how important these laws are and once again is confirming to us they are needed. They are talking about 3 months to deliver these laws (June thru August).
Next to explain article 2 that I have included below.
I am finding so many nuggets of good information in these articles. So for all you intel providers you can sit on your throwns, smoke cigars, drink brandy, get money from the clicks on your sites and wait for someone else to bring you the news, then copy off their post and use it on your conference calls and post it on your sites as your own intel or you can hustle and do you own homework and earn your pay. You have to go out and find the articles and read and study them closely They are not going to magically appear to you in a dream……lol… Next you have to have to collect an underlying database of information (if only in your mind) to follow this saga.
So now let me tell you why I feel this article 2 is amazing.
First of all it is telling us that the Iraqi government is in fact NOT FULLY FORMED and that the PASSING and IMPLEMENTAITON of the reconciliation reform laws are part of getting this government being fully formed.
Many have argued with me on this topic and keep telling us all these laws do not matter. Well this confirms they do matter once again. No RV until they have a FULL and COMPLETE government. It is in black and white to read for yourself. Not my words but theirs - direct intel and FACTS from Iraq. No “SECRET” banking sources giving me intel here…..lol….
Secondly this second article is telling us it is the National Alliance (Dowa party in particular - Maliki’s party) that refuses to pass and implement the amnesty laws and the Justice and Accountability Project as part of the reconciliation effort. Article 1 also told us also that it is the same party also holding up the National Guard law.
So know we all know the culprits. Once again the stalling of progress by the same old Maliki goons (instigated by and supported by Iran). Does this sound familiar? Did we not witness this in the last 4 years. Why does it continue?
So now can you see why the USA is demanding that ALL IRANIAN INFLUENCE BY PRECLUDED FROM IRAQI POLITICS. Also these demands include the exclusion of the Iranian militias, as I have said in many of my news letters already. Do you see why the USA boots-on-the-ground (5,000+ advisors) have been given a DIRECT ORDER not to fight next to or coordinate with Iranian militia headed by Qassem Soleimani, the Iranian general helping militias fight the Islamic State in Iraq, is known by many names. He's the “Shadow Commander. Many have asked this question so I wanted to cover it today also. Remember this name!
This is also why I keep reiterating over and over again, like a broken record, that the Maliki and his goons must be gone prior to any reconciliation effort being completed thus completing their government. The RV will not happen until reconciliation is completed since it is directly related to completing the Erbil agreements of 2009-2010 (same old stuff just a different title put to it in 2014) . Do you see how it is all interconnected and why we still sit in June of 2015 waiting for an RV?
Why am I so optimistic now that this stalling will be resolved soon?
If you read article 1 below you can see that they have given Abadi three (3) more months to complete his government (till August) or else. Or else what?
If Abadi can’t get this reconciliation laws done by August they will pull support for the government and begin the process once again by supporting another candidate. This of course would be a dream come true for Maliki and his goons. This is why they are stalling these reconciliation laws. Over a year ago the USA has a pow wow with Abadi and told him to deal FULLY with Maliki and do it then. But it is not that easy since there is fear of greater outbreaks of civil war. Maliki still has many brainwashed follows.
So if you were Abadi what would you now do? You know they (Maliki and his goons) are going to keep stalling in parliament and August will come and go and this new government effort will implode and create a mess once again.
YOU HAVE TO ELIMINATE MALIKI AND HIS GOONS and maybe the DOWA party in its entirety way before August. I am talking like NOW…in June timeframe. Something to watch for in the coming weeks. This will be such EXCELLENT news. This is when I open my bottle of champagne since I know they will move very quick on completion of the reconciliation effort and thus forming the government. We all know now what this will bring us.
Link to PART 2