(Thank you George for sending this to Dinar Recaps.)
UU8321 Iraq’s New Govt is Taking Shape
Today I wanted to drop in and give you a quick and summarized update on the ongoing news about the dinar revaluation process.
I also bring you a concern about false information being passed to the public at this time about the revaluation and election process in Iraq. If you have been in this investment for any period of time you should be able to see how false it is and ignore it. I only bring this up because I have gotten many questions lately on this false information. All saying it is very confusing. Well……maybe it is meant to be confusing ! Maybe that is their intent.
PLEASE SIMPLY IGNORE IT !
The news this week is very good and on target as anyone would expect in this point in time. The process of deciding what will be the makeup of the new Iraq government is truly underway.
The current prime minister Nori Al-Maliki is trying desperately to hang on to his position for a third term. Many articles have come out recently telling us he is trying to convince other blocs that he is the only contender for the position so they should join sides with him. Many are now deciding to do this, however in the final analysis this will not have any effect on the votes already given to the Citizens and National coalitions out of the needed seats for the majority.
So how can Maliki get the majority he needs? Remember also today is June 3 and so they have only 7 days remaining until the judiciary ratifies and announces the final outcome of the election.
Parliament will then have 2 weeks to seat everyone and then the new prime minister and his party will begin the process of building the new government. I am hearing they already have all the candidates lined up for the other positions too. They will have only 30 days to complete this process. I do not see it taking longer than a couple weeks at most. All indications are now that they do intend to comply with their limitations of time on this process.
So who will most likely be the next prime minister?
Today Mr. Sistani revealed himself as the national coalition’s candidate for Prime Minister of Iraq. Will they submit him as “the candidate”? If you don’t remember this is the party supported by"the Islamic Supreme Council", and is headed by Ammar al-Hakim and al-Sadr and the "National Congress" and independent Shiite figures.
In other words these are the politicians I have been talking about for the last month as the anti Maliki group. This is the same group that began the effort back in April 2012 to seek out a no-confidence vote on Maliki,
Also today some extraordinary news was given to us. If you know anything about the election process in Iraq the winning blocs must also get together to organize and put in place some structure as to how they will all operate as one entity. They have been diligently working on these by-laws now for weeks. They are doing this since the coalition is actually a number of blocs and alliances put together.
These by-laws will be the basis for the operation of the new functional government within the workings of their own cabinet of ministers. There are some restrictions within the Iraq constitution concerning this matter but for the most part they are left to decide on their own. So the really juicy part of today’s news is they are done and finally getting ready to vote now on the by-laws. These would have to be in place prior to the 30 days window to begin piecing the government together.
National Alliance’s stand on Maliki getting a 3rd term?
I have seen countless articles on this topic this week. Basically this is what the National alliance had to say about Maliki. They reject the third term as a principle not as a person and they deny any meeting or communications with the state of law as has been published by Maliki. They have a strong stance in this regard. They do claim to have had only one meeting, which was the meeting of Hakim and al-Maliki and this meetings took place within all parameters of the current views of the National Alliance.
So what is next?
After approving the bylaws of the National Alliance, the political blocs will submit their candidates within the Alliance and all must then agreed on a single candidate. This is similar to the process of the national convention in the USA for Republican and Democratic parties to elect and make formal their candidate. This candidate then must be approved by parliament as I stated above.
Maliki knows what his future may hold
An article came out today telling us Maliki basically knows he is washed up. He is desperately now trying to save his own hide. This is demonstrated by the effort by the State Law coalition is trying to negotiate with the blocks of the National Coalition in order to get benefits. These benefits include 1)Maliki stepping down and giving up the 3rd term 2) the state law giving the Ministries of the leaders of the coalition in exchange for a commitment to support the National Coalition candidate for the new prime minister. 3) the requirement not to prosecute a list of names prosecuted after stepping down from their posts which ( Nouri al-Maliki and his son Ahmed and Adnan al-Asadi and the leaders of the Iraqi army), and not to open the files of corruption relating to a list of names that have been filed to block the National Coalition.