Susan A. S. > Here are my notes from the KTFA call:
Said that the HCL runs the 2015 budget. Gas is not done dropping. Look at right after the 1st of the year. Said that I-Team's job is to protect. In Feb., March, and April, they will be protecting Dr. Shabibi.
Those writing the budget have had no vacation in years. Has been done in the 'Green Zone.' Have been working with IMF, BIS, etc....all EXCEPT THE WORLD TRADE ORGANIZATION.
Many budgets for the many provinces. US was there over the holidays. Who? Cannot tell you. The whole time they were protecting these meetings; and they (Iraq) finished the budget. has been protected all year....
ONLY Shabibi has been in charge of the CBI, since September. It was only he. 'Turki' was an interim-only governor. Did well. But not a replacement for all of the meetings.
Don't need to replace Shabibi. Still in charge. Wants to talk. The BIS, US, etc...all of these were before the 'RI.' Belief that Shabibi does not need to talk; but will...only when the RV occurs.
The 'RI' will be done in the still of the night. This is his puppy.
Frank exhorted us to know the compartments of these two The RI and the RV. HCL is in 2015 budget. Not secretive. Released when it goes through the Gazette. "Same cat, different tail." Dependent on HCL.
HCL and budget will go at the same time.
Tariffs already in the structure. Important.
Many other ways to make money after the 1st.
MUCH IS DEPENDENT ON EACH OTHER. CBI and GOI are 'MARRIED.' Will show after the Gazette on 1/1/15.
I-Team is amazed that there are no leaks. It's the language. No compromise. Language for tariffs, much surfacing, laws, tourism; ALL depend on the budget.
Look at the provinces of Iraq. When they get their funding through the budget. Said that we may just be there (changing of the rate).
Said is like in the USA; each state is autonomous. Each has their own budget. DC separate, but each needs each other.
Same in Iraq's provinces. Passing own laws Each of the provinces will be EXACTLY THE SAME. ALL will be on the same page as Baghdad.....Unity, coordination, cooperation, by security.
Said that Kurdistan is 5 years ahead of Baghdad. That's why they each will do the same thing. The provinces; every one needs to be set in order...to fund the budget.
This process has been worked on for the last 6 months. Dependent on Baghdad? They are one but once they all in order, they can go; using Kurdistan as a template.
The budget HAS A RATE IN IT. It Is about to come out.
Delta came on.
#1: Said he is giving confirmation to what Frank has said.
The way budget presented. Watched how the President of Iraq signed it. He had 15 days to sign it. Then 2-3 days later it is to be published in the Gazette. Wanted to get it done as fast as possible.
Go to 'Budget Details.' There is something very interesting. There are 41 Articles in the budget. It is missing 'Article #38'. Something that they want no one to see. Is it possible what they are hiding is the rate?
#2: On 12/15, announced ISX taken down saw 12/29 going on vacation....but they came back on the 28th. Instead of 7th, it will be back on the 11th. Why need to renew their payment system?
The payment system; is all in Dinars. Should see activation within 1-2 months….from OCTOBER!!! Between the 7th and 8th. Less than a week. Iraq needs this more than us.
Frank: The rate is on the back burner. The rate is: 1166. The verbage says that any moment, at any point, at any moment in time; can be changed.
Cannot be changed...until Shabibi says so. Contracts expire in March. Why need the 90 days? Will come out AFTER the first.
Pay attention to the provinces. Wait until Abadi talks. Iraq is thirsty for the rate.
ATM, ISX, ARE ALL waiting for the rate.
Thinks they will do as soon as possible. They need cash and foreign investors, etc.. Thinks it will happen this week.
Ghost: "Tell Delta thank you for the back-up."
Frank: "If you go to the CBI you will always see the truth."
Frank lastly mentioned to look at how Vietnam told China to, "Stuff it; that they can take care of themselves." And Frank affirmed that Vietnam CAN. :-)
Monday Night KTFA Conference Call:
Approx. 156 Minutes Long.
The first part of call is Business Promo Night,
The Second part is Iraq/Dinar Intel.
PLAYBACK # : 760.569.7699 PIN: 156996#