[ArizonaHeat] These are things you need to know:
1. Iraq's parliament argues on a daily basis. Someone who has worked directly with Iraqi government assured me when they "walkout" they will walk out one door, go down the hall and enter through another door. Thus it will go on record they walked out. Its theatrics that they deal with daily. It's their nature.
2. The common citizen in Iraq is very, very poor. No running water, no reliable electricity, and very little food.
3. Iraq has no real money to deal with these issues, they can not build water plants, electrical sub-stations and no way to import food to feed the masses.
An RV is needed to accomplish these tasks. With the troop removal, a very large source of income to the Iraqi people is now gone. So the situation will now get even worse. I was told a week ago, after Parliament approved and voted on the raising of the three zeros, we would see this before Christmas.
Now with the news of total troop withdrawal, I see this prediction coming to light. Several world banks, and other countries are working together to see this situation come to an end.
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[jonnywg] All just a note of thanks to you for being patient as we resolve the issues. We hear all issues again resolved and the rv back on track, hopefully today. UST is working, and we hear a rate change but know not if up or down. A 3-letter source will call me in an hour so more to come
[shasta7] Ok everyone.... here is my take on where we are... everyone knows how bad the global economies are in the world... this event is a MUST or we go into global depression... what most don't know it is worse then they are letting on. There is alot going on behind the scenes & most info out is smoke...
[shasta7] So stop worrying!!!!
[mort] my intel i received today was my lawyer talked with the iraq embassy and they told him it wouldn't be today-but it will show up before 8 am in the states-they would not tell him which morning it would be-but the last date it could possibly go to was jan 4th 2012-all is done,but still can pop any
[papajack] Did you guys see Okies opinion on the holdup?
[papajack] Well he said in a nutshell the UN will force the RV and there was people playing with the ISX
[papajack] JMHO but with Europe on the line I don't think they will let this fail no matter how much the Iraqi's fight.
[tbones] KYRV39 *Gnarz* It is great news that the countries and the EU deals will be completed by tomorrow. I spoke with a press secretary for the IMF last week and the settlements are on time. Excellent news for tomorrow morning , tonight, or even this afternoon.
[jonnywg] NEWS FLASH FROM UNITED NATIONS....................... SANCTIONS THAT WERE EXTENDED TO DEC 31ST ARE NOW OFFICIALLY END DECEMBER 23RD. IT IS PUT UP OR SHUT UP FOR IRAQ ENDING THIS WEEK.
[jonnywg] fyi.................UST EMPLOYEES, BIS EMPLOYEES, IMF EMPLOYEES ARE STILL AT WORK TONIGHT
[texas2050] jonnywg Is there much chance that Iraq will call that bluff?
[jonnywg] texas2050 NONE
[SCgunner] it was my impression that Maliki had lost a big part of his governing consensus and now could expect only 40% of the GOI as backing, Alawi had 60%. Did that really go down or was it just another of many?
[jonnywg] SCgunner YES
[KYRV39] justinTIME Is parliment gone till January 3rd and does that do anything to the RV\
[justinTIME] KYRV39 nothing is holding the RV up nothing just stupid tech crud and other small things
[KYRV39] justinTIME you said nothing was holding it up just stupid tech crud so is there or isn't there anything holding this up
[justinTIME] KYRV39 nothing like parliament or arguments or arrest warrants issued [BWM] This weekend I had stated that I was looking through Tuesday for this to show even though most of the intel I had gotten said by week end... just a gut feeling but news was good today and I am looking at the opportunities tonight and tomorrow... these are IMO very good opporutunities with the news coming out... does this mean this is the "back wall"... I struggle with that term because so much leniency has been extended to Iraq in the past but we are nearing the end of "one more chances". Remember, we'll pass along what we can... and yes, I will be keeping an eye on Earl tonight for the update...
[sterlinggirl] CAP1 If Iraq were placed under Chapter 7 sanctions for all the world to see, and not officially released to date, why would new sanctions be placed on them to force an RV only to be kept secret to those in the know?
[BWM] sterlinggirl the discussion was not the release of the sanctions BUT the impending reimplication of those sanctions in another irrevocable state... in other words, they would have to restart the process completely
[Susananderson] So bwm did they get out of chapter 7 and this was a threat on reimplementing them ?
[BWM] Susananderson I don't think until we SEE the RV you'll HEAR about anything like that
[BWM] bambi the logic is a bit skewed... the "value" of the currency in country has not changed.. by that I mean a 25k note is still worth 25k.. BUT they have more buying power... so where a 25k note bought coca cola for you last week now you can buy a car... hope that makes sense
[dinadave7] Little Smokey ok....UN has mandated Iraq to rv their currency....they have not....certain politicians there have been playing games in the Iraqi Stock market and delaying the rv. The UN and IMF have gone to alot of trouble to get this done and clean up the financial mess the world is currently in
[dinadave7] The UN has placed sanctions against the GOI that will directly affect their ability to sell oil on the world market if they don't get this done...and get it done by Dec. 23