UU0025 – RV In July?
Weeks ago Meine Kinder completed their Shulle. Now they are home and we have more valuable time together. They are now asking me what trips we can take this sommer. I promised them a fine trip to Italy soon but first we will need to stop at the bank and exchange our dinar.
I think we may be making that trip.
I come to you today to give you an updates on the progress of rebuilding this new Iraq government and how it all relates to our revaluation process of the IQD.
There is just so much news coming out of Iraq I don’t know where to start.
What can we expect this week from the Election Process?
Let me say that the first session of parliament scheduled for yesterday 6/24 was postponed for three days. That brings us to a Friday 6/27 session.
Why was it postponed?
It was postponed due to the fact that they needed to relocate parliament to Erbel in Kurdistan where it is safer. WE all know about the militants heading for Baghdad. It is my understanding that they already had a meeting in Erbel to swear in the new parliament members.
So this is now done.
They are ready for the first session. Technically they could have held the session had it not been for some factors. This does not mean (and I repeat does not mean) that the government is formed.
Another reason for the holdup is they are asking the State Law coalition to send another nominee for prime minister other than their current candidate which is Nori Al-Maliki. They have given them 3 days to do so. Once again the State Law has caused delays in the process. Once again they have to rearrange schedules to overcome this delay.
As we know the National Alliance is the majority party and thus has the job of forming the new government (not Maliki as he thinks). They submit the candidates for prime minister to parliament through the new president.
Now that we know the new date for the first session what will be going on in this first session? It is now my understanding they intend to vote on all the three presidents in one package and get it done. Why? Let’s use some common sense in answering this question. Think, think, think!
They are constantly trying to play catch up. Since the 6/24 date has not working out now they are back in crunch time. Does 6/27 leave them enough time to do all they need to do prior to 7/1 when they need a currency to go international to support the Iraq Stock Exchange (ISX) international rollout?
How can they trade internationally without an international currency?
So they are packaging all three votes in one voting session. The three presidencies include the new Speaker of the House of Representatives, new President and the new Prime Minister.
Exactly what does to vote in one “package” mean?
What this means is they will line up the candidates for these three positions and vote on them very quickly. In one foul swoop….lol…. They do not expect to have any lengthy debates, all background checks are already done, all negotiating is already done and this should go very smoothly. Remember the National Alliance has over 170+ seats out of the 357 seats that’s 40% of the seats. Well over the needed applied constitutional majority ratio for any one bloc, alliance or coalition.
We may very well get out of Friday’s session with all these positions seated thus a new Prime Minister seated. Thus almost a fully functional government.
Remember they will also have to ratify and thus seat also all the 30+ ministers since the USA government is not about to let happen what happened in 2010 when Maliki promised to seat the ministers in 30 days and shafted everyone.
We all know why he did this. So he could manipulate the duties of these offices to meet his corrupt political objectives and his own personal financial gain. To this day he still has not properly seated the Defense, Security and Interior ministers as ratified (approved) by parliament and properly seated. They are still “proxy” ministers in these roles.
I do not know exactly how they now intent to quickly seat these ministers but I can only imagine they may also attempt to ratify all 30+ of them also in Friday’s session. Yes – they are in a hurry to seat this new government.
They need to seat this new government for many reasons. One of which we can all understand and is near and dear to our hearts.
TO FINALLY END THE PROVISIONAL GOVERNMENT UNDER MALIKI and TO GET RID OF HIM.
I want to add one final note to this election saga. Maliki did recently make an announcement - he prohibited parliament from having their first session for reasons of terrorist activities in the area of parliament. Go figure. Good try Maliki ! Just what is his real intent?
Could this also be why the National Alliance relocated parliament to a safer location in Kurdistan? To get away from the threat of a Maliki reprisal. Almost unbelievable isn’t it? Will this guy pay the price one day for treason for what he is doing to his own country?
Rumor or Fact – Maliki Resigns?
This is factual and not a rumor. However he is going nowhere in a hurry until the new government is fully seated and functional. He also has a habit of lying so who really know if he will keep any promises.
The actual seating of the new prime minister will make the legal grounds for his final departure. We all know when this government is finally completed he is done. So until then he is still very dangerous and may still try his shenanigans to stop the government from being seated. He gave his pledge to transition, provide assistance and support the building of the new government.
It was very clearly spelled out to him by John Kerry that he was not the overall winner of the elections and to stop pretending that his party was now responsible for setting up the new government. It is the National Alliance’s job not the State of Law Coalition’s job. Let them do their job.
Completing the International Rollout
Let me cover now some details on this topic today since this too is near and dear to our hearts. Also there is still a need to complete the Reinstatement of the currency (rolling it out to full international status by July 1st.) Remember this process was started way back on April 26th. As it been that long already?
Yes – the USA would not let the currency complete its rollout no matter what cunning moves the Maliki government tried. They control the process not the CBI as I have stated many, many times. The USA will not complete the rollout until they are ready.
They need to see progress in moving towards a democracy and not a dictatorship. Iraq needs to use the democratic process to form a government that is relatively stable and fully functional. If they show they can do this then the USA will “push the button” on the final rollout.
If you go way back many years and re-read some of my earlier news letters you will re-learn the final stages to this rollout process of the IQD currency revaluation.
Do you remember what this process was?
I use the term revaluation loosely and to signify the overall effort. If you can’t find my earlier news letters in your mail archives then go back and listen to the very early Wang Dang conference calls since he also spells out the process very well back then.
I believe this process is still in effect and they will follow it.