(Thank you George for emailing this so Recaps can post it.)
UU6857 – “A Basket of Laws is coming next week” by Mnt Goat
WOW ! Finally the “basket” of laws we have heard so much about for so long.
Is this the beginning of the end?
NO Hype, NO Rumors just the FACTS.
Today is Saturday January 16th 2016 and yes we have officially entered the third week of the new year already and still no RV….lol…lol…. So all you intel “gurus” out there please now tell us why we have not yet been at the banks as all you have said we would many times already? You tell us to anticipate with no real proof then when it doesn’t happen you also give us no real explanation either.
I totally expect to see more and more articles talking about the Iraq currency and the “project to delete the zeros” after parliament gets this “basket” of laws completed, as I will explain today in this news letter.
Update: Needed Laws
I want to begin today’s news with an update on the needed laws to initiate the mandates prior to any RV. I have explained to you many times already many of the needed laws for Iraq to satisfy its obligations under the mandates set forth for the phase of the Abadi government thus allow the currency reform to take place. In other words once these mandates are completed they will have nearly a “fully” implemented constitution thus a full government. This will pave the way for currency reform.
What is more amazing is that they are now coming right out and telling us what these laws are, their urgency and priority in parliament AND all this in ONE article. Kind of like giving us a summary on what they intend to do in the next 30-60 days in parliament.
So let us now pick apart the article and see if we can summarize it.
What are the laws they are talking about and what are the priorities for parliament in the next session which coincidentally begins just two days from today, Tuesday Jan. 19th.
#1 priority is the General Amnesty law (I have not doubt they will submit this law for a final vote in the coming week if not days). I base this assumption on the many times they keep telling us this is the first priority. Why such a high priority? They know that the GW Bush administration has mandated that justice be brought to these innocent victims of the Maliki administration. This mandate was given almost 10 years ago and still is enforceable.
I quote from the article below – “"the most important priorities of the House of Representatives in the next legislative term is the legislation of the amnesty law”
#2 priority is the Federal Court Act (this law is much needed to deal with the corruption and Maliki goons)
I quote from the article below –“ "the Federal Court Act will occupy the second stage in the hierarchy of the concerns of the Parliament during the next chapter because it arrived at the stage of voting."
#3 priority is the Conscription law (sort of like the Draft ) (needed for the National Guard law coming later)
I quote from the article below – “And come and conscription and bear arms, however, the Federal Court Rules State, among the priorities of Parliament in the legislative term.”
#4 priority is the Two Term limit – I quote from the article below – “"to pass a law to determine the state of the Prime Minister two sessions, “ (meaning a 2 term limit on prime minister which was the one position under contention by the former prime minister Nori al-Maliki, as it was not clear in the constitution that the prime minister is in fact one of the 3 presidents. Now it will be VERY clear going forward!
#5 priority is to change the Code of Criminal Procedure to approve the executions during a period not to exceed sixty days from the date of sentencing. Also to determine if this final approval will need to be ratified by the presidency or not. In other words they do not want the prisons filled up with people on death row forever. They are trying to eliminate the overburdened system. This goes hand in hand with the General Amnesty law.
#6 priority - Resolve the Majority 2/3 Rule Dispute -To revolve disputes around the Kurdistan Alliance claim that the Court and its decisions must be by a majority while the National Alliance wants to pass decisions by a majority of two-thirds.
I quote from the article below - " It is expected that they will come to an agreement between these political blocs in the next phase of parliament, making it easier to pass laws in the process inside the Dome of the House of Representatives.”
This article is also telling us future agendas for parliamentary sessions in February. First they are telling us that Abadi has a third set of reforms coming soon. This new set of reforms this time is dealing with cleaning up parliamentary procedure. We were all wondering what this new package of reforms was going to be. If you remember Abadi’s council of ministers announced back in October there would be a third package of reforms coming out early in the new year 2016. Well….here it is !
We all know and have witnessed the lag in stalling much needed legislation over the past 5 years Much of this was due to the Maliki syndrome and his party. Some was due to procddure. So Abadi is now going to address each of these issues causing these delays. But they tell us this all comes later in February which makes me believe the laws I mentioned above as higher priorities in this “basket” they talk about is all for a January completion. This is wow news and if they pull it off this will be in record timing for these many critical laws. Wow!
Can they do it? Will they do it?
- I quote from the article below – “the intention of Parliament to provide a new package of reforms, beginning next February, focused on modifying its rules of procedure so as to ensure his passage of laws is far from the political consensus manner. The amendment seeks to CANCEL THE SECOND READING OF ALL LAWS, and only debates within the Committee on, and SETTING TIMETABLES TO PASS EACH LAW.
- Here comes the oil and gas law (HCL but later on– I quote from the article below – “noted a member of the national coalition headed by Iyad Allawi, that "Parliament is waiting to send the oil and gas law by the government for legislation,"
Don’t let the title of the article below fool you either. They are NOT saying these laws are already passed but rather this is only a translation issue, as we have found many times already that the various translators used are confusing everyone. You must actually read the entire article to see what it says.
Many of these so called intel “gurus” will probably just read the title and go off half cocked and tell all their listeners the Amnesty is now passed. They will say “ I saw it in an article”. …lol..lol…Well it is NOT and the article below (if you take the time to read it as all responsible intel “gurus” should do) is telling you the FACTS as to where each of these much needed pieces of legislation now stands today. It is NOT telling you they are all completed.
PARLIAMENT PASSES THE OPTIMISTIC "GENERAL AMNESTY" AND THE FEDERAL COURT OVER THE NEW CHAPTER
Long-Presse / Baghdad
Heads of political blocs seek to agree on a package of laws intended to be the House of Representatives after the end of the legislative recess in the 19th of the current month.
Parliamentary Legal Committee and intends to offer (the amnesty law) to the vote, referring to the convergence of the political parties on controversial items. The Commission is also preparing to move the adoption of the law to determine the prime minister through two sessions to end the second reading. The Commission wants, in the coming period, the study of the new parliamentary reforms in order to be submitted to a vote.
And come and conscription and bear arms, however, the Federal Court Rules State, among the priorities of Parliament in the legislative term.
And it identified the Presidency of the Council of Representatives on the 19th of this January as the beginning of the second legislative season. He criticized the Congress to extend the legislative recess, but that the Legal Committee attributed this to the technical details contained in the rules of procedure of the House of Representatives.
Says MP Salim Shawki, a member of the legal committee of parliamentary, that "the most important priorities of the House of Representatives in the next legislative term is the legislation of the amnesty law after obtaining the recent substantial convergence of views between the various political blocs when reduced exceptions, which were hampering passed, to only seven ".
He adds Shawki told the "term" that "the Federal Court Act will occupy the second stage in the hierarchy of the concerns of the Parliament during the next chapter because it arrived at the stage of voting." He pointed out that "the coming days there will be talks between the national and Kurdish coalitions to agree on some points of contention."
The attention of member bloc citizen that "the dispute revolves around the Kurdistan Alliance claim that the Court and its decisions by majority while the National Alliance wants to pass decisions by a majority of two-thirds," expected for "agreement between the political blocs in the next phase, making it easier to pass the process inside the Dome of the House of Representatives."
The member of the Legal Committee to the last that the plans in the new legislative term "to pass a law to determine the state of the Prime Minister two sessions, as well as modifying the Code of Criminal Procedure to approve the executions during the period of sixty days from the date of sentencing, both ratified the presidency or not ratified."
And MP for Basra, said "the House of Representatives will present, in the coming sessions, a new reform package include the development of his work and make it easier to pass laws in a manner consistent with the challenges facing the repercussions of Iraq." He said that the Parliament is expected the government to send a package of laws such as abolishing or merging some ministries that took place earlier.
The (long), recently revealed the intention of Parliament to provide a new package of reforms, beginning next February, focused on modifying its rules of procedure so as to ensure his passage of laws is far from the political consensus manner. The amendment seeks to cancel the second reading of all laws, and only debates within the Committee on, and setting timetables to pass each law.
He speaks MP Salim Chawki for meetings between the heads of political blocs to activate the national reconciliation and the development of ideas and attitudes to create suitable for the success of the upcoming reconciliation conference environment.
And he entered the House of Representatives in the legislative recess on December 16 last, after the legislation the federal budget law for the current year, announcing that he will resume its sessions held on 16 January, but he returned and decided to extend his vacation another three days.
She attributes MP beautiful al-Obeidi, a member of the national coalition, to extend the legislative recess, "the Presidency's commitment to the Rules of Procedure which states in one of its paragraphs to hold weekly meetings, which starts from Tuesday to Monday followed by a weekly holiday and then come back after the hearings again."
She said al-Obeidi, told the (range), that "the most important point will focus on the House of Representatives in the next dismissal is pass a general amnesty law, which is complementary to national reconciliation and preparations are underway between the three presidencies have at the present time."
She noted a member of the national coalition headed by Iyad Allawi, that "Parliament is waiting send oil and gas law by the government for legislation," asserting "the pursuit of parliament in the next chapter to the organization was able to bear arms, however, state laws."
And emphasizes beautiful Obeidi MP that "it is necessary to activate the conscription law in order to integrate the factions of the popular crowd and the sons of the tribes in the Ministries of Interior and Defense," revealing "the existence of ongoing talks between the political blocs to pass these laws in the next legislative term."
Update: Currency Reform
I want to begin my reporting to you today for currency reform news with something that I have been saying all along will begin to trickle in once we reach mid to late January. So here it is right on time. Sometimes this news is almost predictable and that makes it kind of scary, funny in a way. Let’s hope everything else continues too on the predicted path....lol...lol...
So yesterday out pops this article (see below) to begin the process of re-education on this matter of currency reform. This article is all about preventing the fear of the citizens in accepting the new 50k notes, which I totally believe they are about to go full scale launch any day now. This is the sole purpose of the article at this time. Expect much more soon..
My advice is PAY VERY CLOSE ATTENTION TO ANYTHING THEY TELL US GOING FORWARD ON CURRENCY REFORM!
Some of these translations just don’t make much sense and are all garbled up. So I will try to make sense of this article and summarize it for you.
The article is first using sample citizens to illustrate the need and usefulness of the new 50k notes. They are telling us they have been printed since early November of last year.
I quote from the article below – “as easy for him to carry his salary without draw attention to him, especially as he is forced to cut large walk of the government department in which it operates and even the place which leaves his car in it. "I previously had to hide the salary black bags because the amount that Otzlmh relatively large presence of small groups of five thousand or ten thousand class be dangerous up somewhat because passers-by come to their notice my pregnancy a large amount of Mali during I came out of the circle, which makes me vulnerable to thieves, "says Mahmoud”
So you can also see by this statement the burden the citizens have carrying piles of the 3 zero notes around with them. Also we can see they are paying them in cash thus the program of the National Card (SMART card) will also eliminate the need to carry around large sums of cash and force them to use the banks (but they must trust the banks to leave the money in the account). They must implement the program first. Using any SMART care first means the citizen must set up a bank account, then sign up for the government program giving the government their bank account number so it can automatically deposit the funds in the debit account. These SMART cards have not been very successful in the past because the people first of all do not trust the banks, second they do not trust the government with their bank account information. Can you see the hurdles the CBI must overcome? Lots of great ideas but hard to implement them.
Next they are telling the citizens fear the 50k notes because the represent a salary reduction by 3% due to the economic crisis to reduce public expenditures. They then want to cope with this fear and ease its tension.
I quote from the article below – “fears of expected decline in daily wages to especially salaries and wages of government employees to reduce public expenditures”.
Next they are telling us that higher prices resulted when they say disappearance in the smaller notes such as 100, 250, 500 and the coins as merchants round up prices since they are unable to make change. This thus causes inflation since the prices are rounded up. Thus the citizen fears the 50k note will only make it yet worst and they will lose more money due to inflation. Can you see how they must feel? Can you empathize?
Then they told us the issuance of the 50k notes will facilitate daily trading in large trades by contributing significantly to the reduction of the money supply by almost half as the banknote 25k value category can be substituted 2 X 25k = one 50k. So once again we see the CBI targeting the reduction in currency in circulation as they previously told us 40 trillion dinars are now in circulation in other articles in the past and they need to reduce it by half to 20 trillion dinars. Remember the value of your currency is partly determined by how much you have in circulation. Can you see what the CBI is doing to help raise the value of the dinar and why the 50k notes are to pave the way to the project to delete the zeros?
THE APPLICATION OF THE LAW OF THE FISH: THE ISSUANCE OF LARGE DENOMINATION THREATENS SMALL
2016-01-15 | (Voice of Iraq) – Baghdad
after the Iraqi Central Bank to issue currency category (50) thousand dinars began increasing people's fears of extinction of small currency and rising prices again .....surprised by Mohammed Mahmoud, a monthly salary received by the existence of a new class of securities, a fifty-category thousand Iraqi dinars, which the Central Bank of Iraq announced his intention printed in atheist tenth of the month of November to November last.
Mahmoud His high salary relatively believes in the existence of this currency as easy for him to carry his salary without draw attention to him, especially as he is forced to cut large walk of the government department in which it operates and even the place which leaves his car in it. "I previously had to hide the salary black bags because the amount that Otzlmh relatively large presence of small groups of five thousand or ten thousand class be dangerous up somewhat because passers-by come to their notice my pregnancy a large amount of Mali during I came out of the circle, which makes me vulnerable to thieves, "says Mahmoud. But some believe that the new with the fifty thousand class paper would hurt a lot Boodall living like Ali Abdul Sattar, who works daily wages in the capital Baghdad Secretariat. young man Ali, who receive a daily ten thousand Iraqi dinars allocated amount thousand dinars them to go back and forth from his home to the Secretariat building and vice versa
He fears that the freight rise in one of the road than five hundred dinars to the ground which means doubling the sum earmarked for the transfer with the expected decline in the daily wages to him, according to the approved by the government to reduce public expenditures, especially salaries and wages of its employees by three percent. In practical terms there is nothing to confirm fears but he cites the high transport fares from 250 dinars to 500 dinars when printed banknote with twenty-five thousand class a few years ago. "We had coins of small denominations It is the same categories Coins (25) dinars and 100 dinars and no longer exists today basically, "says Ali. disappearance of these currencies of daily trading means directly a rise in the price of cheap goods to the highest in turn affect the inflation index in the country, which will be levels its effects are clear to those with middle and low income mainly.
Valslah that were sold, for example, (250) dinars price could rise to (500) which means a decrease in the value of one thousand dinars unit approximate to measure the prices in the local market to half (one thousand dinars, equal to almost 0 0.8 US dollars). Central Bank of Iraq began distributing small quantities of the new currency on some state departments and some banks to gradually raise the amount even access to the size decision. Economists and although they do not see a direct correlation between the issuance of large groups of currency and the depreciation of small groups, but they reckon check the decline actually what they describe temperament Iraqi market and the consumer alike. "The Iraqi market is not subject to the standards of their counterparts in the rest of the world is well known that the version of the big groups come to reduce the money supply, especially in the corporate and business big trades and other segments of ".. says economic researcher Bassam As.
He adds as" there is a mood in the local market back consumer desire primarily to the reduction of the value of small groups in the case of large groups became circulation significantly and this is what is difficult to explain in reality. "According to the researcher himself the solution is to keep large groups currencies for the enjoyment of its benefits in the big trade with the continuation of the Central Bank of Iraq in small groups issuing currency to keep it fresh in daily transactions and strengthened procedures challenge of any expected price inflation. The presence of cash and paper category (50) thousand dinars any equivalent to $ (42) US $ will facilitate daily trading in large trades by contributing significantly to the reduction of the money supply by almost half as the banknote Top previously value was of category (25) thousand. While the continued issuance of categories Currency Small will maintain the value of goods low prices and prevent high prices.
The central bank for his part did not rule out the domestic market affected by the issuance of a new currency with the fifty thousand class therefore decided to wait in the same hundred thousand dinars category approved by the former to avoid any inflation, currency issuance, while the objective of the the issuance of the fifty thousand class was reducing the size of the currency used in daily trading, which in turn led to the lifting of the rate of inflation, according to the announcement earlier in the bank's governor on the Keywords. In all cases, the new currency was issued and began to spread in the local market gradually as planned central bank is to spread caution reflects to some extent fears of currency in circulation subject to the law, which feared fish middle and low income earners in the case of the big ate the small currency counterpart and was replaced in the local market.
THE CENTRAL BANK PLANS TO UNIFY THE EXCHANGE RATE OF THE DOLLAR SOLD IN THE AUCTION AND THE MARKET
BAGHDAD / JD / ..
Revealed to the economic and investment commission in Parliament about the government's determination obliging the Central Bank of the consolidation of the dollar exchange rate in the auction sold the domestic market, likely raising the value of the dollar against the dinar in the shadow of the financial crisis in the country.
He said committee member Rep. Najiba Najib told / JD / that there is an urgent need for the government to reconsider the monetary policy of the country, the fact that there is a real rate of the dinar against the US dollar because of the current dinar price of 1,166 is the same as when it was sold for a barrel of oil for $ 111.
She added that the financial crisis facing the country as a result of the drop in oil prices to unprecedented levels require the lifting of the dollar exchange rate against the dinar and will resort to it the government requiring the central bank in addition to the UNIFICATION OF THE EXCHANGE RATE AT THE CENTRAL BANK AUCTION AND IN THE LOCAL COMMERCIAL MARKET, where the dollar exchange rate at auction Central dinars in 1190, while the market in 1240 dinars.
This article is proof that Iraq is filthy rich. So what are they doing by always making out to be poor? Are they attempting to grab as much as they can until they can RV ? When will they stop feeling sorry for themselves in post war atmosphere and grow up as a nation? This article tells it all. They are filthy rich!
US REPORTS: BAGHDAD CAN SECURE THE THREE-YEAR BUDGET WITHOUT THE SALE OF OIL
Twilight News / reported many US media reports confirm that the size of the former senior officials in Iraq and the Kurdistan Regional Government accounts up to $ 220 billion, pointing out that this amount is enough to cover the next three years the budget without selling even barrels of oil one.
For its part, state media said local Iraqi, revealed that former senior officials accounts, whether in Iraq or in the province of Kurdistan in international banks is a cause for concern, stressing the need not to Iraqis survival and the international community silent and know that the Iraqis fortunes go years ago to the pockets of senior Iraqi officials.
According to US reports, the total amount deposited by former officials in Iraq and the region reached $ 220 billion, which means that it is enough to secure Iraq's budget for three years without selling a single barrel of oil.
Update: Fighting ISIS
I hear lots of questions on these forums about fighting ISIS and whether Mosul must be first taken prior to any RV. I can see this question comes on the heals of the article below from Barzani, Kurdistan that states it will be at least 6 months before the battle to retake Mosul can begin.
I quote from the article below – “He added, "from my point of view I'm not sure that the Iraqi army will be ready six months from now before”
To explain this first let me say this question is being asked purely in fear based of having to wait yet longer for an RV. Again the person who asks just wants a date and a rate. Not a good attitude to have when trying to learn about this country.
Since I am not a date and a rate person there is only one way I can answer this question.
There will be NO RV until ISIS and DAASH are out of Iraq ! This is not rumor or conjecture but mandated policy. The UN, GB and USA will not sign off on international article 8 progression without it due to security reasons. Sorry!
Knowing all this its time for you to begin reading the news articles and follow along like the rest of us to learn what is really happening in Iraq to see if Mosul can be taken or will be taken prior to the 6 months as stated. Remember nothing is written in stone and many options are always available. I also just pointed out to you that a new US commander, General J Votel, is to take over leadership in Iraq. Can you put 2 + 2 together? Why at this critical junction? Why did Army Gen. Lloyd Austin, decide to retire at this time?
ARMY GEN. JOSEPH VOTEL WOULD TAKE OVER LEADERSHIP OF US CENTRAL COMMAND IN IRAQ
Defense Secretary Ash Carter announced Thursday that the general who heads his special operations forces will be nominated as the next commander for the Middle East.
Army Gen. Joseph Votel would take over leadership of US Central Command, which oversees military operations in Iraq and Syria against the Islamic State Group. He would succeed Army Gen. Lloyd Austin, who is retiring.
Carter announced the decision at Central Command headquarters in Tampa, standing alongside Votel. He was in town to meet with his commanders about how the fight against IS will take shape this year.
Votel, 57, is a former commander of the 75th Ranger Regiment and a veteran of the Iraq and Afghanistan wars. He headed the secretive Joint Special Operations Command before taking over Special Operations Command in 2014.
Austin, who currently heads the military’s Central Command (CENTCOM) overseeing Middle East operations, made the argument Thursday that recent IS-claimed attacks like the ones this week in Istanbul and Jakarta are in fact evidence the group is faltering.
“ISIL has assumed a defensive posture in Iraq and Syria,” Austin said at a news conference in Florida.
“Going forward, we can expect to see him rely increasingly on acts of terrorism such as we saw this week in Baghdad and in Turkey, and most recently in Jakarta,” he added.
The IS group, which swept through vast regions of Iraq and Syria in 2014 and 2015 and captured a string of cities, has seen recent setbacks across its self-proclaimed caliphate, including the loss of the key Iraqi city of Ramadi to US-supported local forces.
A US-led coalition has also been hammering the group’s oil infrastructure, including by blowing up hundreds of trucks used to ferry illicit crude oil around Syria, and this week bombed a financial facility in the Iraqi city of Mosul that US officials said held millions of dollars in cash.
Austin, who has headed CENTCOM since March 2013 and will shortly be stepping down, said the IS group is upping its overseas actions to distract from such losses.
“ISIL wants to draw attention away from the growing number of setbacks” that it is experiencing,” Austin said, using an alternative name for the IS group.
“It is important to understand that these terrorist acts don’t necessarily mean ISIL is getting stronger,” he added.
“ISIL by its nature is a terrorist organization and by conducting these attacks, he is attempting to produce an image of invincibility in the wake of setbacks. So overall, we are making progress.”
NECHIRVAN: LOOKING BACK ALL THE TERRITORIES, "KURDISH" AND THE BATTLE OF MOSUL WILL NOT START BEFORE 6 MONTHS
Friday January 15.2016
Nechirvan Barzani, Prime Minister of Kurdistan Region of Iraq, said that the battle of Mosul will not be easy for a number of considerations such as the city announced, including the so-called "Caliphate State" which is very important for the organization, "Daash."
This came in an interview to Barzani with CNN, where "I personally do not think that the battle of Mosul are easy, they are a tough city, what happened in Ramadi was a great success for the Iraqi army, BUT THE SITUATION IN MOSUL IS VERY DIFFICULT, BECAUSE THE SUCCESSION DAASH ANNOUNCED IN MOSUL AND FOR THEM IS VERY IMPORTANT AND SO ARE IMPORTANT TO US TOO."
He added, "from my point of view I'm not sure that the Iraqi army will be ready six months from now before .. As a result of the assistance provided by the international coalition, especially from the United States were able to get them started (Daash) to retreat."
He added, "Now we were able to retrieve all the land Martyrs are also in control of the areas we have no interest in them, but we do it on behalf of the Iraqi army, such as Mosul Dam”.
And about reports of the use of Daash for children between his recruits, Barzani said," yet we were able to save 2,400 people, half of them children, and with our limited capabilities we were able to establish a center Rehabilitation in the region, but of course, this is not enough we need help from the international community and experts in order to rehabilitate these people.”
One more item today:
Let’s not forget to keep praying for the success of THESE IRAQI AND COALITION SOLDIERS. I believe their success is in part some of the acceleration of the process we are now witnessing.
“Lord, protect Abadi and all who stand with him in righteousness, the Iraq and Coalition Soldiers who are fighting the good fight against terrorism, that they would be shielded from the enemy and would be Victorious against them! We ask that the Victory comes swiftly and healing of the Iraqi peoples and all whom have been effected by these evil doers can begin!
We pray for the process of the currency reform, the full implementation of the Iraqi economy to full international status and the bringing of prosperity and wealth to its people“ Amen!
Till next time…. Auf Wiedersehen!
Peace and Luv To Ya All,