1-1-13 SSO_Scooby: BREAKING NEWS - Nijaifi calls for holding urgent meeting of Parliament to discuss the political crisis Baghdad. Speaker of Parliament, Nijaifi, called for holding an extra ordinary meeting of Parliament on Sunday, Jan. 6, to discuss current political crisis.
Source at the Speaker's Office told NINA that Nijaifi called law makers to attend the extra ordinary session to discuss political developments in light of spreading demonstrations and protests throughout the country.
1-1-13 Doc: We will end/start the year by answering several recent questions: Speaking of Cash-in stories what about Reno? Again these have proven time and time again as unfounded. When the CBI sets the rate it will go live in milliseconds around the globe. There are no special bank screens that show it to a select few. None of this is true and has been verified by banking officials.
Doesn't the budget have the RV rate built into it? Again this is another false story being circulated around the internet. You have to remember Iraq gets its revenue from oil and oil is traded in USD not dinar. Iraq has a steady flow of USD from its oil. The budget simply takes the USD from oil sales and converts to dinar at the current program rate. Iraq is not going to reveal rate changes in its budget prior to a RV
Read More Link On Right
. 1-1-13 John Glaser: The state structures built in Iraq by the US military occupation are now the depraved tools of repression. First among these tools is the US-trained and equipped Iraqi Special Operations Forces (ISOF). By the time Washington was preparing to draw down forces in Iraq, writes Robert Tollast in The National Interest, “elements of ISOF were already being used as a private army by Iraqi prime minister Nouri al-Maliki.”
And now, with Maliki having secured essentially dictatorial power in Iraq since the US withdrawal, not only is the continuing US support and training for Maliki’s private army of sectarian thugs an essential tool in terrorizing innocent Iraqis, but it is bolstering al-Qaeda-linked groups and stoking sectarian tensions that could lead to civil war.
“Blame here can only go to Maliki,” writes Tollast, who “controls ISOF through the Counter-terrorism Bureau, which has proved a useful tool for crushing dissent” and has been “implicated in the intimidation, arrest and even murder of Sunni politicians and opposition figures.”
The Obama administration has kept largely quiet about Maliki’s behavior, aside from about $2 billion in annual aid and tens of billions in military assistance. While this keeps the halls of power in Washington and the oil corporations happy, even the best case scenarios are damning, for Iraqi citizens as well as the geopolitics of the region.
“Maliki is heading towards an incredibly destructive dictatorship, and it looks to me as though the Obama administration is waving him across the finishing line,” Toby Dodge, an Iraq expert at the London School of Economics said earlier this year.
“Meanwhile, the most likely outcomes, which are either dictatorship or civil war, would be catastrophic because Iraq sits between Iran and Syria.”
According to Tollast, the strength of al-Qaeda in Iraq has doubled over the past year. Instead of carrying counter-terrorism – “essentially the art of increasing political legitimacy, isolating terrorists from their support base and then eliminating them” –
Maliki has been using his security forces in a way that undermines their political legitimacy and reinforces their support base. And as far as civil war goes: angered Kurds and Sunnis say their disenfranchisement has never been greater. This increases the chances more Iraqis will join the latent insurgency still underway there.
Lately, America really seems to have a knack for indirectly strengthening the terrorist groups they claim to fight against. And in their effort to continue propping up dictatorships throughout the Middle East, Washington is sowing deep resentment among the local populations, which ultimately feeds instability. And in the age of Arab uprisings against US-backed totalitarianism, Washington is plain old stupid to keep it up
12-31-12 Capt. Cliff: This is all confusing for me so many different opinions--all quite good and believable and explained for the reason why which one is the best! I totally understand Adams opinion of the low rate and cutting the costs of the CBI to bring the currency up to it's former value over time --that is how the CBI will make money and cut the RV debt--I think I got that part right.
But what is not taken into consideration here and I do not understand at all is this only concerns the CBI--if you now take into consideration what is needed to operate the GOI for the year---please forget the corruption part for a bit --then that low a rate will not do it--Feb 23 is the last date the GOI can borrow money to pick up the short fall and they will have to start repaying the loans they already have taken out --a dime won't do it --time frame with a low CBI rate won't do it.
Now some are going to say well they will get all those frozen funds, DFI, recovered Saddam's bank accounts and so forth will be available to them---well as I see it that is true to an extent but that is only if they are released from Chap 7 and there is no guarantee that this is going to be rubber stamped at the same time---what is guaranteed is there can be no release from Chap 7 releasing those funds to Iraq without an RV---if the conditions of Chap 7 are still not met even with an RV then they will not be released ! This is how my reading has made me look at this!
Quite possibly they could not be allowed to RV without meeting ALL conditions after all it might be a total IRAQI RV but without international support they could make the the rate 10.00 and still have a worthless currency-my reference is the artificial rate Saddam put on the value ,you know the bills with his picture on it!
I would like to see a balanced picture of what MAY, COULD happen rather from the CBI side or the GOI Side--IMO this is where the true picture lies both must work together for the good of the country. Sorry about being the devils advocate here but there is much more needed from the knowledgeable people here, then one opinion so diverse from the others---I guess I am just confused.