(Thank you Debbie for emailing us about this People Dinar post)
Love's Love (Scott)
The Call Squad
THURSDAY - July 28, 2011
Ten Panel Members on The Call Squad:
Tim, Pam, Steve, Joey, Vic, Debbie, Yukon, Scott, Patriot, Diana
Note: Tim emphasizes that DebTarHeelGirl is a different person than Debbie the Call Squad Girl, for the record.
Joey reads article: last night a guy was asking about a Maritime Status of Iraq. So here is an Article from May:
Iraq regain its seat on the International Maritime Organization
Posted: May 23, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics
Tags: Basra, French Navy, Iraq, kuwait, London, middle east, Persian Gulf, Saddam Hussein
The manager of the Iraqi ports restoration of Iraq’s seat in the International Maritime Organization (IMO) after a hiatus of more than 19 years, with honest and Minister of Transport on the ownership of 324 residential houses for staff of the company and the distribution of 300 pieces of residential land between the families of the martyrs in Basra.
Said Capt. Salah Aboud Khudair that the meetings of the Maritime Safety Committee of the Organization (IMO) held in London during the period of 10 20 of this month resulted in the restoration of Iraq’s seat in the organization.
He said the Iraq delegation participated in the ministerial meetings, noting that the recovery of the seat will be the entry of Iraqi ports... (Article continues…)
Read More button on right
Joey adds: So if you’re wondering if Iraq has satisfied this important achievement… they’re there! It happened between the 10th and 20th of May.
Joey adds: And this second article is very similar and connected, about the Port of Mubarak…. Do you think they’re having significant or worrisome issues with Kuwait after reading this article? Do you think they’re working together like partners? Listen to this:
BAGHDAD / Aswat al-Iraq: The Kuwaiti government has announced on Wednesday its intention to build the Mubarak Port “till the end,” whilst Kuwaiti diplomatic sources said that the port’s project had been settled politically and won’t be discussed with the Iraqi side in the next meeting of the High Kuwaiti-Iraqi Committee, scheduled to convene in Baghdad after the month of Ramadan, according to the Kuwaiti al-Siyasa newspaper.
Al-Siyasa, in its Wednesday issue, has quoted the Official Spokesman for the Kuwaiti government and the State Minister for the Kuwaiti Council of Ministers, Ali Al-Rashid, as saying that “the Kuwaiti government is marching forward, without stop, to build the Mubarak Port’s project ‘till the end,’ denying that explosions have taken place close to the Port 10 days ago.
On the other hand, the Kuwaiti newspaper quoted high-level Kuwaiti diplomatic sources in the Foreign Ministry as saying that “the Grand Mubarak Port has been settled politically and won’t be discussed by the Iraqi side, during the next meeting of the High Kuwaiti-Iraqi Committee, scheduled to be held in Baghdad after the month of Ramadan.”
It pointed out that “the schedule of the Committee’s works shall include dossiers that were not settled till now, including the maintenance of the border signs, the restoration of the remains of the prisoners-of-war (POWs) and the issue of the compensations.”
The same sources pointed out that “the Iraqi delegation that shall visit Kuwait soon, according to an announcement by Iraq’s Foreign Minister, Hoshiar Zibary, shall discuss some technical matters, related to the Port, without discussing Kuwait’s right in building a port on its territories and within its territorial waters.”
As regards to the UN Security Council’s Resolution 833, the said sources stressed that the “Resolution confirms cooperation between Kuwait and Iraq, regarding the safe passage through Khor-Abdullah and the sea navigation freedom, on basis of which the Iraqi Delegation for Cooperation & Coordination would be received, and not to discuss Kuwait’s constant right in the construction of the Port, works for which are continuing well.”
Kuwait had announced on April 6th last the beginning of works to construct the Mubarak Port after one year of Iraq’s announcement of its intention to build its Grand Faw Port, whilst the Kuwaiti Deputy Prime Minister for Economic Affairs and the Development Minister, Ahmed al-Fahad, had stated that the project, construction of which was agreed upon with the South-Korean Hondai Company, would be “friendly to environment.”
The Kuwaiti Ministry also confirmed that the project “includes major goals to achieve hopes and ambitions of the Kuwaiti people, who have always wished to build a port in the said strategic and active location, in order to make Kuwait a financial and trade center on both Regional and International levels.”
Noteworthy is that Iraq’s Transport Ministry had laid down the foundation stone for the Grand Faw Port’s project, designs of which point out to its compromise of a containers terminal stretching to 39 km and a pavement extending to 2,000 km, as well as a square container with an area of more than one million square meters, along with a field of multi-purpose area of 600,000 square meters, with a capacity of 99 million tons annually.
The Ministry had estimated the total cost for the construction of the said Port would reach 4 billions ( and 400 million Euros, with the hope that the connection of the port, through the railways would link the Gulf area through the ports of Iraq and the ports of turkey in northern Europe.
Joey: Hope those two articles helped.
Patriot: That’s a great article, since the RV needed certain things to be completed. This is just further proof that another domino fell, not yesterday or today, but a couple months ago.
Joey: Also, Maliki was in Kuwait a couple months ago, and that’s about when this says it was done.
Joey: There’s another article that says that the Port of Basra, also called as the Deathway, which risks the lives of workers. They needed help rebuilding that, so Kuwait is going to help build it. Huyandai is also going to help build it…and who do you think Huyandai signed a deal with to produce cars? Iraq! So you’d think they’d want a good port to ship in and out of, right?
Tim: confirms that S. Korean Huyandai , agreed to help pay for the port?
Joey: Reads that about a month ago Huyandai was trying to make a friendly environment.
Vic: Adds, that long before Huyandai started building cars, they had a contract with a German company in Hamburg where they did a lot of large construction of ships. They’ve been involved in the construction of some of the largest ships in the world… are often built by Huyandai,. Though they are now making cars, their past ship and port building experience is very important here in Kuwait and Iraq.
Kuwait is totally involved and they and Iraq sure seem to be getting along well in this project. They’re also working together on how to dig the trench deeper and navigable in a way that will NOT Trespass on Kuwaiti waters or borders. When Maliki saw this plan he was very excited at how specific and accurate the plan was and saw no difficulty in approving those port and shipping plans. There are a lot of rumors about the current Kuwait and Iraq relations, and you can believe whatever you want, but it appears they are getting along very well, and the news is telling us what’s happening. This article only showed up one day from one source, it wasn’t really big news. This seemed to be an intentional secret and this was a dead giveaway about how close they were to approaching International Status…why else would they need access to International Waters?
Patriot: I’m impressed with the quality of the companies and firms that are there. They’re not just working with the good ole’ boy system, look at how some very strong and Multi-national firms are involved in this restructuring of the port into the future.
They have: Big Ports for Big Ships and Big Cargo.
They are going to be a preeminent power. Hillary Clinton said this is going to be the most robust economy to invest in within two years. And that’s why they need to RV sooner than later, because they can’t wait until the last or 23rd month of that period to get started. They have to get started ramping up NOW.
That’s why we believe it is eminent for RV very soon.
Joey: reads about Maliki meeting with Secretary General UN Ban Ki Moon in closed meetings, and Maliki was able to clarify issues showing they were no longer a threat to the International Community, and he demanded that the UN ease the sanctions against Iraq imposed in the Saddam era. HE WAS ABLE TO CLARIFY ISSUES AND SHOW THAT THEY WERE NO LONGER A THREAT…. And Moon heads up UNAMI, WHO, and another agency. Joey said that while in the USA, Maliki was also able to meet with O’bama and Biden; and that it’s pretty interesting that all they key players are in the USA today.
Joey reads another: Allawi & Talabani emphasizes the importance of success of the next meeting of the leaders. Discussed overall political situation and regional developments. The importance of moving forward and working together to ensure that the crown (Oh, he’s going to crown something; crowns usually top off some completion or successful conclusion of an event or episode, or era….) …worthy of this phase of this country’s history, state of stability, construction , and experience of Iraq globally. Emphasize need to have a true partnership with commitment between political blocs. Stressing continuing visits between the leaders for fraternal dialog for satisfactory understanding among all parties….wow what a mouthful and inaugural article, because Iraq is about to experience the world. They’re about to make history, a new history for Iraq. It’s amazing these articles are pointing to the way it is happening before our eyes.
he IMF, expressed its support of the August to August…to having a number of economic measures including the privatization of banks, to raise 3 zeros of currency to pay the debts, is the responsibility of Iraq. Joey asks: Who reminded them of that? Deb asks : What were dates? August to August. Yipppeeee
Vic asks: Where was Maliki? Joey: Maliki is in the USA with Ban Ki Moon and I think he met with our President and Biden. Vic : I guess he’s been here for a couple days, right? Joey: I don’t know for sure, I know he had a phone call with Biden, and I think while here they met overnight at 8am this morning at UN. Vic: Well it’s also funny that Biden gave Allawi a phone call recently too, right? Joey: Yea, well, they’re fraternal now and they’re all getting together playing kissy face….one big brotherhood now. If you look at UNAMI calendar, they met the 19th, 22nd and 28th today, where Maliki just told reporters that he was able to clarify and show that they were not a threat. And if you look at UN calendar, there is one tiny little sentence on JULY 31st ….a little line that says UNAMI Mission in Iraq ENDS
Vic: …well if you look at it, Maliki’s protecting himself, he has to, like at the Iran border with Kurdistan, Maliki’s not the one shooting off rockets. Joey: No, but it’s amazing because everything we’ve been waiting for is now happening.
Joey refers to an article read recently about Ramadan: It says they were concerned about Ramadan, the priority should be on the streets, the Iraqi people and plans for Iraq. Also, that they are having cultural meetings starting on the 27th so they can create agendas for priority focus and action to help the people. They will also lower pay of some of the people. It has to do with the US foreign files, they need to reach some agreements related to regional borders to complement their authority, and concerning a mature, unified vision encompassing neighboring countries. He was also concerned with people eating breakfast in the streets because they don’t want terror attacks, so told them to stay inside.
He went on to say they need to find solution to security and will use experts, sounds like USA. He talked interestingly about NORWAY….trying to say something to the world, expressing solidarity with the families of the victims. That the perpetrator was a Christian, and that terrorism is not a phenomenon of one but all religions. The world shouldn’t just look at Islam which is not the pariah of the world , but terrorism that should be denounced.
Deb asks: When does Ramadan start? Vic says: Ramadan starts Monday the first of August.
Steve is looking at question emails: concerns about UNAMI and UNSC issues from the meeting today.
Steve reads an article about the UN’s recent extension: The UNSC extended the mandate of UNAMI for another year for security and progress on Human Rights. The article went on generally complimenting Iraq for some progresses, but that further progress must be made, and more support will be mutually beneficial for the goals and objectives of the people and nation of Iraq.
Steve adds: There are some who think this may or may not be related to chapter 7.
Patriot : Cues the very brief reading and vote of today’s UNAMI meeting. This is available on line. We listen. The result of the vote in favor of the Draft Resolution 15-0.
Steve: A lot wonder what does this have to do with RV? Steve says nothing it is more about Human Rights.
Joey: United Nations Assitance Mission to Iraq, they were there to help people be repatriated from exile and food for oil project, rights for women and young people getting education. There is nothing wrong to stay another year for consulting and to rely on them. UNAMI was the first organization in Iraq working with WHO, high council for refugees, nothing to do with sanctions. When you see Angelina Jolie, that is this group and resolution vote today. This has nothing to do with sanctions.
Joey: UNAMI has been asked for years to stay in Iraq, remember what happened in Erbil, there was mustard gas. Maybe Barzani asked that they stay to see it al runs smoothly. To make sure all get treated fairly. There will be audits and surveys over the coming years. They’re not going to be dropped or abandoned after the sanctions are lifted. They will still need help, but they have to agree to do everything UN asks to get the sanctions lifted.
Yukon asks: Patriot how long was that recording? 2.31 minutes. Yukon: How come Call Squad can’t stay that short?
Vic: Today is July 28. Geneva: The UN released today, 1.06 Billion Dollars in Iraqi compensation to Kuwait in the latest payment of the war reparation scheme that started in 1994. The payment took the total of payments to sum paid to 33.3 Billion doallars, a further 19 B is due. Most of this round went to private and state companies, and governments and nations, the UN statement said, following the 1990 Invasion of Kuwait by Saddam’s regime. Iraq is required to put 5% of oil revenues into the Kuwait reparation fund.
Vic: Funny, ok, Joey, when was Dr. Shabibi in the US? Joey: April 19th. Vic: Ok, so I took all the numbers, from the Oil Ministery of Iraq: Let’s look at some barrel of oil values for the first six months of just this year.
Jan 2011: $90.78 dpb = $6B 82M Revenues Feb: $6B64M March: oil $107.13 dbp = $7B 167M April : $114.36 dbp = $7B342 May $108.00 dpb = $7B 470M June $105 dbp = $7B 173 million
When Shabibi was here and setup funds just counting the last three months, Apr, May & June = 28.98Billion in oil revenues x 5% into DFI for Kuwait reparation = approximately the 1Billion .06 Million just paid to Kuwait today. This analysis covers three bases. This morning UN was great with the UNAMI vote, the war reparations to Kuwait are great, and Shabibi is hitting his goal numbers of oil sales, with that said, there is very much on track progress. How can Kuwait have a problem as they are getting paid off.
Joey agrees, Iraq has a lot of motive to payoff Kuwait to escape the sanctions. They signed agreement to do whatever to get out of santions.
Steve: Joey, you’re on the spot. A Question email: Why is Joey so excited about Allawi and Maliki when last week she already reported that Erbil would be implemented on Monday? Also, there was a report about Maliki in Washington with Obama and another article said he spoke with Biden on the phone.
Joey: There is nothing conflicting, he spoke with Biden on the phone. And he’s here in the US to followup with UN. My excitement with that article is the one word, CROWNED. Like a coronation of a queen they go through a big ceremony. The coronation process is they place the crown on the head. I’ve never heard or read that word before in this arena, not for Iraq. That is a big word signifying big news.
Vic: I think the phone call was Biden to ALLAWI, not Maliki.
Steve: talks about the article that has to do with troops staying …which was the call in question.
Joey: Says the article says Baghdad, it came from Baghdad news, doesn’t mean one is in country, reporting on it.
Steve: Who would like to be a fly on the wall of the Maliki and O’bama meeting?
Joey: Yea, well for the first time in a long time, you’re going to have two sovereign nations Iraq and USA staring eye to eye, its big. Truly sovereign countries.
Vic: We hear about Maliki flying out to China, but they kept the news of his visit to the US very quiet. The fact that we’re keeping the 16,000 troops out of uniform in a mercenary mission, carrying weapons, and we’ve never done anything like this before and Mr Bowen who is with SIGIR, a military auditor that needs to know what the military is doing or spending, asked a Mr. Kennedy about the troops staying in Iraq, and the response to the question: “none of your business, we’ll answer when we’re ready to answer” ; this is unlike anything we’ve ever done before and they are keeping very low key about it.
Patriot asks Joey: Did you find anything about the sanctions being lifted today? I thought we found something good?
Joey: No, I may have but not sure, just the part where Maliki told reporters he clarified for the UN that they were not a threat. Which was a big deal , and allows them to have an army and nuclear energy, for their ports, it puts them in a different category. Maybe we felt that the DFI release would not have happened if not released from sanctions. Also the article that stated that there WOULD BE NO EXTENSION PAST JUNE 30TH on these last three Kuwait issues, the dead bodies, respect for boundaries, and the artifacts. I don’t think you can be any more absolute than that statement of no extension, and therefore they must have been out of sanctions at that time. The UN didn’t change their mind, just like with 13303, as of June 30th Iraq enters into a whole new era. If still under sanctions, why would they say it this way. They’ve done or are making strong progress, they’ve found mass graves and are doing forensics, what do they want, blood? They gave their word and are doing what was agreed. They have complied. For people to believe that there are still sanctions of Ch. 7, they have to go back and read that UN document that said: No Extensions.
Patriot: They had that big luncheon that said that they were a free and sovereign nation.
Joey: Right, how can they have taxes and tariffs? How can they have Maritime Status if they have sanctions with the world? You can’t just look at one thing . Listen to the wording since January 1st, they had some of the DFI funds released to them so they could start rebuilding their country, and look, you’ve got the IMF challenging them that they had from August 2010 to August 2011 to build up their economy, by sterilizing their banks, to pump up their private sector and to raise the zeros off the currency to have a higher value. Why would the IMF have given these ultimatums if there were still restrictions of Chapter 7 sanctions that would cause them to falter or fail or break international laws? It’s redundant, truly redundant.
Patriot: Yes, for listeners, this is where we come from on this, at some point, there can be five things that say something’s a fact, you just have to connect the dots to see it for what it is…regardless of others at other sites, and other opinions that others are free to believe. There’s logic and rationale, and all have to find their own viewpoint, and we hope they have proof to prove their case.
Joey: I can name three other forums like this that say the census is not yet done. This is our call and our forum. We are 10 like-minded people, we have a common vision, and we have common research, and we’ve come from various sites and backgrounds. We sit down together, and discuss and we have come to a diligent consensus that we’re glad we’re here together based on a couple years of digging for answers on our own rather than listen to the other sites, where we have 11 articles that can prove their opinions wrong. Listen and compare, take notes and go find news to verify. Nobody can decide truth for you, we don’t want to mislead anyone, we have beliefs and opinion, that we try to make sure are based on facts. We want to provide truth from news articles.
Patriot: There is a majority rule idea, there are 10 of us, and we have debates on mod calls but we have consensus, because of evidence we have collected, majority rules, if this were a trial, the preponderance of evidence is that our opinion is very close to the truth.
Joey: Google ‘Maritime Status For Iraq’ and arrive at your own decision. A site last night said that Iraq doesn’t have their Maritime Status yet, and I read the first article tonight from May. Go spend a couple hours a night online and educate yourself, like we do. I’m not being sarcastic or snobby, but when you work so hard as we do to find the truth, eventually you’ll find it. I truly believe that everything needed to be done is done, and that Shabibi is waiting for his right time to roll out his lower denominations, the people of Iraq have been more than patient and, I BELIEVE WE ARE THERE.
Steve: Well Joey, I think all the panel here, we get frustrated because others disagree with some of the things we’re saying. But some writer wrote in with some good compliments from his heart. Another guy was still talking about LOP and wanting a big argument about 90Trillion in circulation though Shabibi has been reeling in the large denominations….so Steve concludes until a person puts all the pieces of the puzzle in place, we all will have these types of debates.
Vic: States there have been many lops. I went to Mexico, 1200 pesos to the dollar, they lopped and then it was 4 pesos per dollar, Turkey and Brazil has also lopped. Do your history, go find what happened to Kuwait, which is hard to find because they kept it a big secret. Vic says go back to 1920 when it was a rupee, it was always a strong currency.
Joey: First dinar was 1932 at $2.38 to the USD.
Steve: …was questioned about 30 Trillion Dinar x $3.00 approx value creating 90 Trillion Dinar in circulation? They are continually pulling in the large denominations. That’s what they mean with lifting the 3 zeros. They believe 75-80% have been pulled. Vic adds: If 30Trillion originally put in to circulation, this is econ 101. If Shabibi RVs at $3, the higher the value, the less number of currency in the market place or the number of notes in circulation will go down. By taking the large denominations are too big to carry around in your pocket, a 25,000 IQD will be worth $75,000 . To not starve the economy, he’s replacing the larger notes with the smaller notes. He’s trying to make it easier. The 1,000 fils are the same as one IQD, what’s easier, to work with 1,000 fils, or 1 dinar…? One Dinar.
Joey: …At any given point in the US, there is only 5 Billion in currency, the rest is digitized?
Vic: It’s a bit more complex than that, but the bottom line, is that for every Hundred Dollars ordered to be printed, $70 of each $100 goes to Europe and is essentially, hoarded by Europeans. So there really is only $30 of every hundred in circulation. To do the math says that you just don’t know who’s holding it, it’s a difficult concept to try to explain or understand, about Money Supplies, it’s a manipulated system, but you can figure that the people cannot have too few notes in the marketplace or it creates inflation of prices. I’m going to read a related article about taxes and tariffs, recently implemented, and I”ve studied more about the WTO, and don’t forget I went to Armenia to understand just when they applied, they’re hitting right on the same numbers that Armenia had to wait, that 5 years time we’ve been saying. And guess what, all roads lead to the UN. Because WTO, WB, WTO are all woven together. They are a part of the WTO since June 30, since they have tariffs, and WTO has about 10 keys that have to be applicable or achieved, like agriculture, notice we’ve been seeing lots of articles about that and oasis, desertification; Another is the taxes, that just went into effect a few days ago. And there are more, and we are moving in the right direction, I think people are not giving Dr. Shabibi enough credit, the man is a genius.
Joey: Google : agency of UN, professionals of every type. USAID, their mission in Iraq was to help build the infrastructure of Iraq from July 1, 2006, to July 1, 2011. That was their mission and their stated dates of the mission, and it has not been extended, now they are gone. When people tell you something is done, go research it. Don’t take bad information. The Future of Iraq report has been available but nobody knew it or used it. Two months ago, Patriot demanded we use credible sources of news, not intel, and now other sites are quoting from the news.
Vic: Currency News Hound article: July 24, 2011: Prime Minister Announces Application TAX Law And Custom Tariffs Soon. That’s it, just the headline, and now to tie that to another article ….July 28th, 4 days difference, same Currency News Hound: Economic Commission, Taxes Reduce Inflation That Have To Be Regulated By Law… The article says it’s necessary to place a taxes on Goods, saying there is a law from 4 days ago. It was necessary. They’re moving fast over there, in just four days. There is a law governing such taxes. And Joey, this didn’t just happen overnight. That date of June 30th you kept us focused upon for key completions, it’s just coming out today, July 28. They said the Port of Mubarak is important, well, the Port of Basra is no less important. 85% of their oil will flow through Basra Port.
Joey: Reminds they moved that tax start date back a couple times and was most recently to be implemented July 1st, after the 30th of June, but they weren’t ready, so July 16th was the date to implement, they held off and saw it in an article that straight up told us what they did.
Steve: Yea, we remember that weekend talking about WTO when we couldn’t imagine them raising taxes on people with such a low valued currency. Big things are happening. There has to be a coincidence of people being able to pay those taxes, right?
Joey: Yea, that same day, Shabibi was quoted in an article that he had gone to Maliki and asked permission go ahead with the bid to raise the value of the currency so he could release the lower denominations. There was a special group of people ANESCO ??? who was going to help with the WTO accession …March 15 to July 15 was a big day, WTO, Tariffs, and Shabibi asking Maliki to raise the value on the same day. WoW.
Steve: Question from Lowell in ATL…Why do so many articles talk about asking for support to help get them out of
Ch. 7 Sanctions? France and China were mentioned. Steve thinks the articles are past tense. Vic adds: many confuse that BK in US for personal BK meaning financial insolvent; Internationally , though, China and France are large economies, if I made CNC machines, and Vic makes a scenario describing how nations will follow suit, or agree to follow their lead. Once you have USA, and Hillary Clinton saying let’s not be last in line. Once China puts manufacturing in Iraq, along with about a dozen other countries besides the US. So Maliki is asking China and US to move their influential investments to help get this economy started …that is what it means to get out of Ch. 7 in Iraq, to prevent the challenges of economic stagnation or downturns in growth. These are economic sanctions, all types of feasibility reports are done and the economy of this nation must succeed
Vic: BP acquired ARCO. All the sudden this little company is bought. AFRIN, is a small British company. 588 Million Dollars of Erbil oil field. Vic knows they’re going to extract 70,000 barrels of oil a day X 365 days a year. The numbers will be astronomical. Kurdistan has a massive amount of untapped oil wealth. Oil companies have stayed away because of tensions. AK News. If you snooze you lose. This little AFRIN was working on oil in Nigeria and now they’re going to be a big company.
Tim: I may be off, the US is sitting on two of the largest oil reserves, and now having trouble with OPEC…why we do not drill our oil, I don’t know, I hope we do.
Vic: Who knows, this could be a game of last man standing. They get into discussions of money and type of oil. Supply and Demand. Scott says: Economists say the World needs a new Saudi every 6 years. Iraq is here now. Economists also say oil will someday go up to $200….maybe we’re waiting to be the new supplier when Iraq is not the new kid on the block anymore.
Tim: Correct it will take 4 years of building refineries for producing our own oil. I do think oil price will continue to rise.
Scott: China lifestyle today is like USA in 1950’s when we were a 1 car family. The population difference as China grows is to see the demand for oil far exceed the supply. ND is expecting 100,000 new residents working the oil fields. We’re laying the groundwork now.
Tim: That’s why I don’t think we’re in a big rush to make land deals to drill on there.
Scott: ….talks about multibillion dollar deals starting in early march. It seems like regularly contracts are signed. Capability of 10-12 million barrels a day is the objective in a few short years.
Tim : Says Natural Gas is undervalued and very much untapped in US. There will be much more exploration here in US. Iraq also sits on a large gas reserve.
Scott: …adds that the our people are extremely talented and our unemployment rate highlights that 1/5 or 20% male US workers are not working. We have to make the global economy more balanced to get a shot at it. In a NY McD’s they are doing a test where a drive thru experiment will have the order place into a phone to India that will input it into the system for that kitchen since not enough American workers are applying…they continue with labor and wages and markets and …China using nothing but Caterpillar equipment to do all their major projects….
Steve: …adds how the USA is the place for the world to be educated.
Steve: Question: Why is UN involved with release of the money for war reparations if they are out of the sanctions ?
Steve: Because the war reparations were part of the sanctions for which UN was responsible for.
The call continues with Q&A and the transcriptionist stops.