My Notes From Frank 26 CC 2/23/15 Posted by Susan on February 23, 2015 at 10:09pm
Frank: Laws concealed. HCL. All will become so powerful to activate that budget. Said in Jan., they voted, in Feb., Abadi signed it. Just watch. Will learn more on Monday (March 2nd). Now is in the hands of the Gazette. Forget about their rules.
The sandstorm delayed a military effort. ITeam called away QUICKLY from SA…back to Baghdad.
M is trying to invoke power. Abadi had private meeting with him. Told M to shut the front door. No More. Enough. VP position-kiss it goodbye. M said, OK. Judicial branch working on laws. Punish this man.
Some things overlap, delay, The country stinks like oil. Is like an island. Laid back. Not much to do.
Do this thing says BIS, World Bank, WB,.... are saying to get it done.
The pace, is like, the waltz. Not letting anyone push them.
O called to make buddies with Abadi. More messages with Egypt? Abadi told O that he was coming to see him.
ITeam is guarding Shabibi for a week. When it comes out it will come out at 1166. Is now public, published…will be opened when they darn well please. It’s their pace. Needs 119T Dinars. Profit, is their funding.
Made money before by the auctions; which have now been stopped.
Dr. S says wait until budget, then I will give you the funding.
The 3/14/15 contracts, are they important? No. Oil numbers 49. Was 53 last week. Today, Brent Crude 58.90. The budget contains selling the oil at 60/barrel. A ‘surplus’ from their oil sales will cause the deficit to be wiped out very quickly.
The laws are dead right now; but not activated. Have to OPEN it to ACTIVATE the laws. Anything over 60 will be pretty good.
Saculsky made that connection. The budget had 60/barrel. Knew it wouldn’t stay there. The budget is mathematically given life. Read the post “CB Faces Problem Of Foreign Currency.” (Walkingstick 2/22/15)
Making new money with new mechanisms. No auctions now. 2 down; 3 to go. No auction Wed. or Thurs....that means that since there is no way to have one on Fri. for their holiday, then Sat. in which they are closed....That would be a whole week.
This tells all....that they are about to implement what they have been talking about.
When ITeam called back from SA last week; it was to protect Dr. S.....to protect the budget. Mathematics orchestrated by him. I Team a few days ago.
Frank asked them about an RI....is in motion? They always say no. Only whales and sharks privy to this.
They will say though……DAAASH is DESPERATE. Coalition, of many Middle East nation's military....are fighting, along with Peshmerga.
Have a backwall. A week from today. You are about to see it. The only way that they could do it was for their eyes only. It’s for security’s sake. When complete. Look for the law on MARCH the 1st.
This backwall is only if the conditions stay as we see this week. Shabibi will not talk. Tarriffs and taxes on March 1st.
Delta came on the call.
Was looking for this a long time ago. Collecting Dinars from citizens. From every dollar, CBI, makes 2 pennies. 2-3 hundred million, a day. That’s a big commission. WB (World Bank) recommendations, had to liberalize the foreign currency. Article 8 as well.Trying to control inflation.
Sunday, saw, no more auctions. CBI rate every day spreadsheet market prices, Confirmed 100% no more auctions. Cash and wire transfers before. They have no dollars, no liquidity. Have to have no dollars to cover. Have Dinars. Cannot use that money, need that as capital, Acting gov. of CBI. Mis-translation of that article. Is not leaving.
Expecting CBI CANNOT LAST MORE THAN A WEEK WITHOUT AUCTIONS.
Financial Minister, etc., had meeting of how to fund the budget and replace the deficit. CBI will introduce the lower denoms. Reverse system. Will go buy the dollars, go to the CBI, now the dollars will go back to the CBI. And the spread. Interest will come to the CBI.
All indications whole country does not have 119Trillions. If the taxes implemented on the first. First time ever have the law, and have to implement, without being intl., and Article 8 compliant. Watch the CBI. The rate has to change.
Frank: What about the codes? Out by March 1st? Delta says yes. Cannot implement taxes without causing inflation. Need to have a payment system to implement. Discussed Jan. 8th ISX shutdown. Stopping auctions and short on liquidity.
Frank: Private jets bringing in lower denoms from Jordan.
Delta: CBI when increasing the rate, have to make sure that every bank has liquidity. All delivered. Banks some, have already the lower denoms.
Frank: Caravan, in 2007. Middle-Eastern Coalition is taking care of them and HELPING. Has all pieces now. 35 T printed in 2004. Plus Abadi twice telling us what they’re doing. Need a increase of 3.5-4.2fold increase. Stopping the auctions, too?
Take a deep breath after a week. ITeam told us that they have a backwall is between now on Mon. contingent on the Tariff Law.
Delta: All that are not getting paid. Said in Nov. in Jan. payment to the Kurds said they would pay 1.4T Dinars…Now increase of share of the 17%. Can pay the Kurds…250B for the whole year. If March next 1st 2nd, 3rd, and nothing; then Delta has no idea what is happening. The rate HAS TO change.
Frank: Allow the laws to take the power that they will use.
2% Question. Does not apply to Iraq at this time. IMF can make exception.
Frank: They are ready. Their speed is a different speed than ours. Brought up possibility of goes into delay; but Doesn't see that. Sees in Iraq, a great thirst to make money; for at present, the 'mechanism' to make money is gone.
Three zeros are the different denominations. The Central Bank wants their currencies back from the whales and sharks; and the citizens, who never trusted their government under Maliki.
Delta: The other 3 zeros are the exchange rate. From the 100 to 25 thousand, unless they increase their value.
Date and rate; in the still of the night; on a Tuesday or a Thursday. Need to open for laws, but not done with the math just yet. If it is not opened perfectly; then they are an insulted state.
aggiedad77 – MONDAY MONDAY MONDAY MONDAY MONDAY
KTFA Monday Night Conference Call with Frank26 and Delta .
Approx. 154 minutes long.
The first part of call is Business Promos and the second part of call is Iraq/Dinar Intel.
PLAYBACK # : 760.569.7699 PIN: 156996#