Category: Cbi Info Iraqi Dinar News

The IMF 2% rule

michigander0131: I explained this earlier The IMF 2% rule applies whether a country has a fixed rate or any other exchange rate regime. The official rate must be within 2% of the street rate for 90 days. This shows that the CBI can control its monetary operations.

However, moving to a free float currency solves that problem for Iraq, because the street rate becomes the official rate at that point. This does not change the 2% rule: Iraq will still have to wait 90 days to enter Article VIII. It just won’t have any difficulty in complying with the rule once the exchange rate regime is changed to a free float.

The IQD is undervalued. I think we all agree on that. Former Kurdish MP Mahma Khalil’s comments last year pointing out that the 1166 IQD : 1 USD program rate has not changed since the CBI’s reserves were $10 Billion provides for a sound argument for what many of us expect will be an initial correction & increase in the IQDs value once going international.

And, there will also be speculative trades/purchases on the currency, as well. That demand will drive up the value of the IQD relative to other currencies.

Stevel “The Million Dollar Question – What Is Next”

Stevel Update Emailed To Recaps “Thank You”

Greetings All Members,

Well, I hope all had a nice Christmas and looking to turn the page to a new year.

Speaking of a new year, try and not make a new years resolution you cannot achieve. I have done this for so many years that I give up on creating a new one.

The only one I will make is spending more time in the Word and put God number one, how can anyone lose with that attitude? Now that I said that, it is time to share what we know.

First of all, yes the budget was passed last week. I sure hate to contradict others I admire, but, it has been approved. It is also true the parliament is not on vacation or leave until January 7, 2015.
~~~

The new Prime Minister has achieved more in the past few months than one can even imagine. Like most have experienced, what is next?

The budget is done for 2015, the laws in place, (all necessary laws) and it does appear that this country is sure wanting to move forward and achieve many goals never imagined.

Another fact is that Al Shabbi will be the official governor of the CBI. This has not only been confirmed by the news, but our sources (many sources).

I love Millonday’s news, she does report only according to news articles and not pulling something out of thin air like the rest of the idiots trying to win a prize that does not exist.

The million dollar question is what is next? The only true answer to this is in the hands of the CBI. The CBI trumps all regarding values and future policies (except within the understandings of the expectations of the current government.)

I am still all in regarding this investment and so should you. I have not heard one bad bit of news regarding that this would not happen (change of value that is).

What is important is the direction that this country is going. It simply cannot happen with the current rate they have.

In order for this country to move forward from a global perspective is not the value of the United States Dollar, or the value of the Petro Dollar (OPEC) in trading, but the value of the local currency.

We all want it, we all wish it, we all crave for it, we all dream about it, we all are (most) obsessive with it, but if you can just let go and put the same energy into you marriage, family, friendships, etc. and or God, then this wonderful event would be more meaningful.

Yes we have many Christians and Non Christians on this site and I do not want to say that a non believer is not worthy, but yet entitled. What I am saying is that we are all here for a purpose and we get to choose what that purpose is regardless.

So when will our investment change value in our benefit?

Ray and I have shared many things in the past, each time we shared, it was always in the news within a few days. This time is really different. The news is not very accurate to the facts.

If you read the Constitution of Iraq, there are so many laws that will make you crazy if you try and dissect them. Now that the budget has been passed, it is of my opinion based on the laws that the monies will not be disbursed to the locations within the budget for a couple of weeks.

Just because the budget was passed does not mean instant value change today. This has to be between the CBI now and their procedures, which none of us truly knows.

Here are a few of scenarios; (which all are good)

· The CBI can or will change the current value of the currency prior to disbursing it within the target recipients

· The CBI will change the value upon the disbursements to the target recipients

· The CBI will hold the current value and adjust it to control inflation

With what we do know it is really hard to not get excited. This country is for sure in the right direction, but it is again, up to the CBI to implement it.

I have had hundreds of emails of members in distress and wanting to know if it will save their lives. My heart goes out to all and just make my wife and I pray harder to help them.

Now for my final comments:

I am so glad I am in this investment. It has been a little disappointing in the timeline, but not in the overall execution of the master plan of Iraq. 

Ray and I have been disappointed only by the doings of Maliki which at that time we had no clue how evil he really was. Now we are both extremely excited and so should you to have invested in this endeavor.

My intuition says January 2015 we will have the best PD get together ever. Start planning.

Remember, do not set goals you cannot achieve, but if you spend a few minutes more in the Word you will have a great 2015.

God Bless each and every one of you.  Steve

Personal KTFA CC Notes from Susan at S3A-Emailed to Recaps

Susan A. S. > Here are my notes from the KTFA call:

Said that the HCL runs the 2015 budget. Gas is not done dropping. Look at right after the 1st of the year. Said that I-Team’s job is to protect. In Feb., March, and April, they will be protecting Dr. Shabibi.

Those writing the budget have had no vacation in years. Has been done in the ‘Green Zone.’ Have been working with IMF, BIS, etc….all EXCEPT THE WORLD TRADE ORGANIZATION.

 Many budgets for the many provinces. US was there over the holidays. Who? Cannot tell you. The whole time they were protecting these meetings; and they (Iraq) finished the budget. has been protected all year….

ONLY Shabibi has been in charge of the CBI, since September. It was only he. ‘Turki’ was an interim-only governor. Did well. But not a replacement for all of the meetings.
….
Don’t need to replace Shabibi. Still in charge. Wants to talk. The BIS, US, etc…all of these were before the ‘RI.’ Belief that Shabibi does not need to talk; but will…only when the RV occurs.

The ‘RI’ will be done in the still of the night. This is his puppy.

Frank exhorted us to know the compartments of these two The RI and the RV. HCL is in 2015 budget. Not secretive. Released when it goes through the Gazette. “Same cat, different tail.” Dependent on HCL.

HCL and budget will go at the same time.

Tariffs already in the structure. Important.

Many other ways to make money after the 1st.

MUCH IS DEPENDENT ON EACH OTHER. CBI and GOI are ‘MARRIED.’ Will show after the Gazette on 1/1/15.

 I-Team is amazed that there are no leaks. It’s the language. No compromise. Language for tariffs, much surfacing, laws, tourism; ALL depend on the budget.

Look at the provinces of Iraq. When they get their funding through the budget. Said that we may just be there (changing of the rate).

Said is like in the USA; each state is autonomous. Each has their own budget. DC separate, but each needs each other.

Same in Iraq’s provinces. Passing own laws Each of the provinces will be EXACTLY THE SAME. ALL will be on the same page as Baghdad…..Unity, coordination, cooperation, by security.

Said that Kurdistan is 5 years ahead of Baghdad. That’s why they each will do the same thing. The provinces; every one needs to be set in order…to fund the budget.

This process has been worked on for the last 6 months. Dependent on Baghdad? They are one but once they all in order, they can go; using Kurdistan as a template.

The budget HAS A RATE IN IT. It Is about to come out.

Delta came on.


#1: Said he is giving confirmation to what Frank has said.

The way budget presented. Watched how the President of Iraq signed it. He had 15 days to sign it. Then 2-3 days later it is to be published in the Gazette. Wanted to get it done as fast as possible.

Go to ‘Budget Details.’ There is something very interesting. There are 41 Articles in the budget. It is missing ‘Article #38′. Something that they want no one to see. Is it possible what they are hiding is the rate?

 #2: On 12/15, announced ISX taken down saw 12/29 going on vacation….but they came back on the 28th. Instead of 7th, it will be back on the 11th. Why need to renew their payment system? 

The payment system; is all in Dinars. Should see activation within 1-2 months….from OCTOBER!!!  Between the 7th and 8th.  Less than a week. Iraq needs this more than us.

Frank: The rate is on the back burner. The rate is: 1166. The verbage says that any moment, at any point, at any moment in time; can be changed.

Cannot be changed…until Shabibi says so. Contracts expire in March. Why need the 90 days? Will come out AFTER the first.

Pay attention to the provinces. Wait until Abadi talks. Iraq is thirsty for the rate.

ATM, ISX, ARE ALL waiting for the rate.

Thinks they will do as soon as possible. They need cash and foreign investors, etc.. Thinks it will happen this week.

Ghost: “Tell Delta thank you for the back-up.”

Frank: “If you go to the CBI you will always see the truth.”

Frank lastly mentioned to look at how Vietnam told China to, “Stuff it; that they can take care of themselves.” And Frank affirmed that Vietnam CAN. :-)

Monday Night KTFA  Conference Call:

 Approx. 156  Minutes Long.

The first part of call is Business Promo Night, 

The Second part is Iraq/Dinar Intel.

PLAYBACK # : 760.569.7699 PIN: 156996#

https://www.freeconferencecallhd.com/playback.html?n=OTQCw/jvhuh

Change is needed

wmawhite The investment side of the budget is unworkable without a change in the status of the IQD. …the CBI can make their move well in advance of the budget…the CBI has the keys to the future of Iraq. [do u think they are waiting to implement all the laws…?] No…they are trying to catch up to the CBI…with the laws…when the CBI is ready they will do it.

Bits and Pieces in Dinarland Late Tuesday Morning

Stage3Alpha:

EXOGEN : IF YOU REVIEW ALL INTEL FROM 2014 AND BEYOND THE PEOPLE WHO HAVE BEEN THE MOST ACCURATE HAVE BEEN THE CONSPIRACY THEORY PEOPLE

NOTE: THEY HAVE STATED FOR YEARS THAT THERE WOULD BE NO RV/GCR UNTIL THE CORRUPT FINANCIAL SYSTEM AND DISHONEST & NON TRANSPARENT GLOBAL FINANCIAL ARCHITECTURE STARTED BECOMING DIS-ASSEMBLED

AND SO FAR THEY HAVE BEEN 100% CORRECT

robert December 30, 2014 at 10:49am we all hold one of the most valuable currencies in the world,with the resources held by iraq.Our time will be rewarded people.
….
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ramon December 30, 2014 at 12:10pm  Ken O’Keefe on PressTV “Obama, Bush, Bankers, Isis and Syria”

https://www.youtube.com/watch?feature=player_embedded&v=aYX4WeqQfRo#t=0

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GET:

[michigander0131]
I explained this earlier The IMF 2% rule applies whether a country has a fixed rate or any other exchange rate regime. The official rate must be within 2% of the street rate for 90 days. This shows that the CBI can control its monetary operations.

However, moving to a free float currency solves that problem for Iraq, because the street rate becomes the official rate at that point. This does not change the 2% rule: Iraq will still have to wait 90 days to enter Article VIII. It just won’t have any difficulty in complying with the rule once the exchange rate regime is changed to a free float.

The IQD is undervalued. I think we all agree on that. Former Kurdish MP Mahma Khalil’s comments last year pointing out that the 1166 IQD : 1 USD program rate has not changed since the CBI’s reserves were $10 Billion provides for a sound argument for what many of us expect will be an initial correction & increase in the IQDs value once going international.

And, there will also be speculative trades/purchases on the currency, as well. That demand will drive up the value of the IQD relative to other currencies.

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John Machaffie:

INTEL RUMORS/GOSSIP

REPUBLIC – ABOUT TO BE OFFICIALLY ANNOUNCED FOR 2015. GENERALS ARE IN CHARGE AND THEY ARE CLEANING HOUSE. MASSIVE ARRESTS ARE ONGOING INCLUDING THE FED CORP UST. REPUBLIC NEEDS TO BE OFFICIALLY IN PLACE AND OBAMA REMOVED BEFORE THE RV ACCORDING TO SOME RUMORS.

RV – IRAQ HAS DONE ITS JOB – FINISHED. NOW WAITING ON OUR ‘BLOCKER’, THE UST TO DO THERE JOB. ANY GURU OR ADVISER TELL ING YOU THIS IS A NORMAL PROCESS —— HE IS A CABAL BOY! CONSIDER WHEN THE FED TREASURY GETS TRANSFORMED TO THE REPUBLIC TREASURY – YEA BABY!

ARRESTS – HEARING THE BUSHES ARE ON THE RUN AND LOOKING BEHIND THEIR SHOULDERS. THE CABAL IS DESPERATE — EVEN TRYING TO GET JEB BUSH NOMINATED FOR PRESIDENT. AMAZING


KTFA:


Monday Night KTFA  Conference Call:  Approx. 156  Minutes Long.
The first part of call is Business Promo Night,  The Second part is Iraq/Dinar Intel.

PLAYBACK # : 760.569.7699 PIN: 156996#

https://www.freeconferencecallhd.com/playback.html?n=OTQCw/jvhuh

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don22250 » December 30th, 2014, 1:03 am  • 

I-Team has said for some time now RI (re-instatement) then RV (revalue). Frank said the same thing tonight. (On CC)

RI would be the rate Iraq had before they were forced into bankruptcy. Was not that rate $3.25 so if I-Team and Frank are right ( and I pray they are) Our starting point will be the $3.25 and go up from there after the RV. If that’s true is there anyone out in dinarland that would not be happy with that rate, who would care if Iraq ever RV their currency. I’ll take that any day of the week.

Have I missed something here or have I heard wrong or interpreted something wrong.

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Iggy:  i understand your logic and hope you are correct…but i do believe a RI (reinstatement) can happen at any rate…IMO…a reinstatement only means the currency can be traded world wide again…a RI back into the world…a lift in present value back to pre-war value would be a great start though and make this guy very happy…

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Notthe1:  1166 in budget …. no waiting 15 days for PM signature … PM said ,,, I know what’s in it … I wrote it .. now I approve it … Parliament read it again and send it to press,..

Power to the districts … we all be one … now … The Bag daddy is boss. … Shab’s at the helm and ready to blow the whistle … Listen for the tune he is about to play …

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cleitus :I heard the cc last night and Frank…, it deserves an encore! What else can you say without being OBVIOUS?

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Frank26:  Encore? …….. LOL …….. Still have lots of notes left.

TY Kindly ………. If time is correct …….. Maybe we share small kind on Dong right after our Bible Study and Hawaii notes and something WS posted on page one of this thread.

BTW my favorite part of last night’s CC was …….. The Shofar !!! Andy’s slip sounded like a CHARGE to me.

Finally ……. What I shared on the Budget Language last night will allow TRILLIONS to make sense in this 2014 for 2015.

C U on Your CC tonight in ……….. 7

KTFA,   Frank……. Best to be OBVIOUS than OBTUSE for it would serve no use.

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walkingstick » December 30th, 2014, 9:43 am 

Iraqis are looking forward to 2015, free from fear and extremism, wars
Squares of liberation / newsroom

Posted 30/12/2014 11:00 AM

When we review the events of 2014 that has gripped Iraq, we can say that in crises privilege of hyper he witnessed developments restored his lead again to the events of the world.

The public did not like that we say goodbye with previous that followed the invasion and occupation of Iraq, but was a year packed full of political, security, economic and social developments, and the impacts on the neighborhood and the region and the world at large.

And shape of the ninth of June last surprise for the world to successfully organize Daash

To extend its control over about half the area of ​​Iraq Pettmddh to the provinces of Nineveh, Anbar, Salahuddin and Diyala, after the collapse of the Iraqi forces, to the extent of the threat of the fall of Baghdad.

The world woke up to the beat of a new scene in the region to declare an Islamic caliphate in parts of northern Iraq and Syria, which put the world in front of a new scene tipped the scales in the Middle East, and put the administration in a quandary about dealing with this evolution of dangerous.

And saw the months that followed the ninth of June earthquake unremitting efforts for the administration of President Barack Obama to lead a new coalition to counter the threat Daash and anti-terrorism military action collectively risky and is not guaranteed results in a fourth war, Iraqis live classes are open to all possibilities.

Although the US administration and its allies rushed to the rescue of Iraq, but they carried the Iraqi government responsible for re-control of the areas controlled by Daash and made her arms and financial and logistical support, but they were satisfied with Baltalat air on Daash sites which did not achieve results on the ground so far.

US reluctance to enter the Iraqi quagmire caused by the repercussions of the invasion of Iraq and the failure of the US project, which led to turn Iraq into an arena of activity and a haven extreme and attractive with groups as a result of the Iraqi military establishment, which was built on the basis of sectarian failure of what has deprived the ability to meet Iraqi concerns of homeland security and stable.

And led the US frequency engages with the latest developments in Iraq to do Iran fill the vacuum in Iraq as a major player in the military operations path through the participation of the Qods Force fighters in the battles that took place in Diyala province, bordering Iran and provide military support to Shiite militias that were found in an appeal Shiite cleric Ali al-Sistani for jihad Ulkipaúa to protect Shiite shrines opportunity and a cover for their activities, which became officially funded by the Iraqi authorities.

Given this overlap trenches between Washington and its allies on the one hand, Tehran and its project in Iraq and the region, Iraq stands at a crossroads after turning into an arena to attract the interest and influence, what sensed neighboring Arab states met days risks and anticipate the risks of the arrival of the Iraqi fire to their capitals procedures may prevent or hinder spark the flames.

The paradox of 2014, which was the beginning tense insistence of former Prime Minister to reject the demands of the popular movement in the Sunni provinces and move ignoring and prosecution of symbols, but the Iraqis were surprised by a serious shift in the security situation, the fall of Mosul, and the prospect of Baghdad on the control of the central government and non-Maliki’s ability to control the pace of the security event and its innovation .

And put the developments of events Maliki has two choices; either to respond to calls to leave and either have to resort to a military coup, but the popular opinion was down to his departure supported by Arab and international Bmoagafin as a solution to relieve the situation in Iraq, and openness to the opposition and the neighboring Arab countries and regional to face Daash.

Worth Abadi from the legacy of his predecessor, barbed and heavy crises produced other crises are trying resized depending on the satisfaction of the departure of the popular al-Maliki and take advantage of the Arab and international cap in his difficult task.

Iraqis are breathing a sigh of relief measures that followed took Abadi, head of government, especially Cancel General Commander of the Armed Forces Office and referred the senior officers responsible for the fall of Mosul to the investigative committees and dismantling of the ministries of interior and defense from the grip of al-Maliki to appoint a Sunni ministers of defense and Shiite interior, as Abadi inherited from his predecessor, al-Maliki treasury empty infected Hyper predominance of corruption and corrupt Mbdda public money to fund the Iraqis, what put it in trouble, especially that it coincided with the decline in oil prices and falling Iraq budget of $ 150 billion to about $ 100 billion deficit and nearly one-third.

The record year which bid him farewell openness of Iraq on the Arab and regional surroundings visits to important symbols of the government and parliament in an attempt to restore Iraq’s relationship with these countries, which Aosdha Maliki and Iran preferred the doors of the other doors.

Iraqis filed in 2014, which was almost undermine the unity and cutting across their country in the hope that the new is the public-year-old free from violence and extremism, wars and sorties that destroyed their beds to compensate for years of deprivation which have tasted the bitterness over the years that followed the invasion and occupation of Iraq.

http://www.altahreernews.com/inp/view.asp?ID=24849

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jdtolle » December 30th, 2014, Remember well

Remember your mistakes, and what you learned from them, and apply those lessons as you move forward. Remember your successes, and how great they felt, and inspire yourself to create more.

Live in the present, well informed by the past. Work toward a bright future, carrying all the best treasures you’ve collected along the way.

Though you cannot change what has already happened, you can choose precisely what to take from it. Let go of the pain, while holding on to the wisdom and joy.

Remember where you started, and realize how far you’ve come. Remember how much effort you’ve invested, and honor that investment by building on it in each new moment.

Remember all those who have given you love, support, and encouragement along the way. Remember how good that felt, and remember that there are those who would benefit from your help right now.

Remember how rich and meaningful life can be. Then step forward and make this day better than anything you can remember.

— Ralph Marston     Wishing All a safe, warm and blessed day


Monday Morning Dinarland Chatter

Stage3Alpha:

Louie67 December 29, 2014 at 9:31am I think that Iraq is holding a big surprise!! can somebody said Brics ?think about it ….the US is all over Iraq like a slave master it is and Iraq maybe is acting like is all about been friend with the US and Boom!! surprise we are not, Game over, maybe we have to exchange in some other country or our slave masters are Finished once for all, just saying

Dave > Louie67 December 29, 2014 at 9:33am I thought that too Louie …Maybe Iraq is really with the Brics

Louie67 > Dave December 29, 2014 at 9:36am yep make sense because this days everybody is getting away from the dollar like is the plague! did you think they would stay with the losing team? other than that I can’t see any other solution, this could take weeks or months, not easy task to kick the bad Yankees” out of Iraq now, but they will
….
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Dinar Updates:

poppy3: ????? IN THE LAST TWO WEEKS ABADI AND JAFARI HAVE COMMENTED THA DASSH AND ISIS STRONG HOLDS HAVE BEEN REDUCED AND THEY EXPECT TO OVERTAKE THE LAST OF THEM WITHIN DAYS SO WHY ALL THE TALK OF TERROR HOLDING THEM BACK ON FINANCIAL REFORM.

THEY ARE AGAIN CONTRIDICTING THEMSELVES.

ALSO REPORT FROM THE GROUND IN BAGDAD SAYS NOT A SHOT FIRED WITHIN 50 MILES OF BAGDAD EVER. ISIS HAS A VERY SMALL PRESENCE IN IRAQ.???

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GET:

Topic: To conquer frustration, one must remain intensely focused on the outcome, not the obstacles. T. F. Hodge

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I4U:

[xyz] HMMMM IS BUDGET COMPLETELY DONE AS CLAIMED BY A FEW? “Discussing the Budget law was postponed till the end of 2014 because some MPs travelled abroad.

http://www.alliraqnews.com/en/index.php/political-news/62440


KTFA:

Robdel » December 29th, 2014, 1:25 am    To anyone who may have an answer.

Seems every year with the passing of the budget, we always hear they have to have the new rate in it. Yet, for the last five years that I have been a dinarian, the new rate has never been in the budget.

We’re were told not to worry about the budget, it was already passed (talking about the 2014 budget) prior to its passing we were so sure it had the new and iraq couldn’t proceed without it. Yet they keep doing it year after year.

Here’s my question, why does the new rate have to be in the budget? Why is this time different? Remember how they dragged out the 2014 budget?

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J+C:  IMO……………….one is that all the laws that needed to be implemented were not done yet and 2 the HCL was not completed being the 4th part………….so now we wait………………IMO

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Zochowski: 
IMO, THEY HAVE NOT NEEDED A RATE IN PREVIOUS YEARS BECAUSE THEY HAVE USED USD AS THE CURRENCY OF CHOICE…………

THEY HAVE ALSO BEEN PROTECTED BY CHAPTER 7 LAWS…………THEY DID NOT WANT TO LEAVE THE BABY CRIB, LMAO……

WHY GROW UP IF YOU HAVE ALL YOUR NEEDS TAKEN CARE OF BY ANOTHER, AND THE OFFICIALS CAN STILL SCRAPE FROM THE TOP OF THE BARREL FIRST, GAINING EVEN MORE AND DOING LESS FOR THIER OWN CITIZENS………

WELL, NOW IT HAS BECOME A DIFFERENT GAME……….IF YOU WANT TO BECOME AN ASSET TO THE MIDDLE EAST THEN START ACTING LIKE IT, FOR TOO MANY YEARS YOU HAVE BEEN EFFECTIVELY USELESS………A LIABILITY……THE WORLD IS TIRED OF YOU…..

REST OF THE WORLD WILL MOVE ON WITH OR WITHOUT YOU, AS YOU CAN LOOK VERY FOOLISH OR VERY RESPECTFUL IN FRONT OF YOUR PEERS………

NOT SURE IF THIS WAS THE ANSWER YOU WERE LOOKNG FOR, HOPE IT HELPS

G/B M/Z

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RANSOM:   Ok one more question lol….was Shabibi released from being governor ? Or was Turki or is it Allot just interim governor in Shabibi’s absence ? If the later then I don’t think Shabibi needs to be reinstated…. He just takes up his old spot and the interim is released.

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J+C:   YES…………

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Pappa-J:
J+C, I THINK THE BOARD OF THE CBI MAKES THE DECISION FOR THE ELECTION/ DISMISSAL OF THE GOV. OF THE CBI AND NO WHERE DO I REMEMBER THEM SAYING ANYTHING ABOUT A DISMISAL OF DR. S ONLY M DOING HIS DIRTY WORK ,SO S HAD TO STAY OUT OF HARMS WAY.

THINK IT IS PRETTY OBVIOUS THAT HE WAS STILL DIRECTING THE PLAY FROM HIS LOCATION.

HE HAS BEEN BACK IN IRAQ FOR QUITE SOME TIME NOW HAVE YOU HEARD ANYONE ELSES NAME MENTIONED IN RELATION TO THE JOB LATELY???

EMPHATIC NO!!!!!

ONLY TALK OF HIM TAKING OVER THE HELM AGAIN IMO—- SUBJECT TO ALL OF THE LEGAL RANGLINGS WHICH I BELIEVE ARE DONE NOW. F26 JUST SAID YESTERDAY THAT HE IS READY TO SPEAK.

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w8tn4it2rv
:Just my crazy opinion

The media / news is directing our focus to the dates of 7th and 11th.

Do you think they would tell you when they are going to change the rate. If you don’t think they would tell when they plan to change the rate, then you have ruled out the week of the 7th.

Lets look closer to the 1st. There is a strong possibility they have laws that will be implemented on 1/1/15 that require the rate. So that takes us back to around 12 – 30/31.

Just my crazy opinion

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Zochowski:  MORNING “w8tn4it2rv”

I AGREE WITH YOU AND HAVE BEEN SAYING THE SAME THING!!!!

WHY WOULD THEY EXPLAIN TO YOU THE POTENTIAL “WHEN” AND POINT TO SOME DATES THAT THEY HAVE PUT OUT THERE????????????…………….

EVERYONE SEEMS TO BE FORGETTING THAT THEY DONT WANT ANYONE TO KNOW THE “WHEN”…………….

“DELTA” MADE SOME COMMENTS THAT HAVE ALSO CLICKED,

I HAVE MY OWN THOUGHTS AM WAITING TO SEE WHAT HAPPENS IN THE NEXT 3 DAYS….

G/B M/Z


 

 

 

 

 

 

 

Adam discusses when he thinks we will see the budget.

Adam Montana [Could you explain the time frame involved with the procedures requested to get the budget to the Gazette.] I won’t be surprised to see the budget officially in place before the end of the year. [does a 2% spread between the market rate, and the official rate have to be maintained for 90 days before an RV can happen? If so, did we just start over because they fell out of compliance sometime in the last week?] No, that is not an actual requirement to RV. The CBI can make the decision to RV at any time regardless of any spread, rate, or timeline.

 

Sunday News Summaries by Aggiedad77 at KTFA

aggiedad77 » December 28th, 2014, 12:52 pm 

Sunday News Summaries and Commentaries


Sunday morning and I overslept so am playing catch up to the news this morning….my fingers must fly to capture all the news that has been posted thus far…..wish me the best and I will do my best to sort thru things in a logical manner…..we do see the CBI talking…..Kuwait talking…..Abadi urging fugitives created by the old government to return to Iraq….and the retaking of Mosul on the cusp of days to come.

Exceeded the candor line .. “Baghdad news” dialogue Governor of the Central Bank:

WOW what an extended interview with the governor of the CBI….many areas were covered with excellent candor on his part….some keys that were discussed included the draft money-laundering law…..the stability found within the dinar-dollar exchange rate…..
….

The fact that reserves within the CBI remain healthy when compared to other central banks around the world….the dinar itself remains strong….even in light of oil prices dropping…..

The CBI will administer bonds being issued to the government….helping to administer a bond market within Iraq and the ISX….discussion was included on the benefit to Iraq and it’s people with the compulsory savings program based on income levels….definite answer that states the CBI operates separate from the government without pressure from politicians or the media to go in directions that would be considered illegal….with regard to a currency reset the project remains in place….

They continue to look to ways to introduce the newly printed currency with added safety features to prevent counterfeiting while the old currency remains in place at the same time….what an incredible amount of information he shared at this point…..very willingly.

Key economic events in Iraq through 2014

An interesting article of a year in review for Iraq….from January through December….two differing governments…..the falling prices of oil world-wide……there were a number of things that have aided Iraq economically during the year, some of which I think has hindered them too…..I believe the “positive” aspect of things is simply in the eyes of the beholder….depending on who supplied the facts at the time of the story……..in my opinion the good that came post September far outweighs any good that might be claimed prior to September.

Abadi call for the establishment of a joint bank with Turkey

It is PM Abadi’s desire in his attempts to continue strengthening economic efforts between Iraq and Turkey to work towards the opening of a joint bank between in the two in Iraq….already we are seeing memorandums associated with water resources, electricity, and oil.

Parliamentary Security: The coming days will witness the liberation of Mosul Aldoaash

Watch for significant troop movement and efforts to liberate Mosul….this will stem from multiple axis including the Kurdistan as well as air support supplied by international coalition forces….there has been an overwhelming support for this retaking of the northern city by large numbers of volunteers…some of which have been absorbed into the militias but there still remain many young warriors who wish to help in this fight….a very different cry from when the terrorists first walked into town back in June.

Families of jihadists evacuate Mosul as Baghdad prepares for major offensive

IMO…..this is not a great way to eradicate the terrorists in the area….giving them over a month’s forewarning of an impending attack….the little cockroaches will simply move off under the cloak of darkness to other areas and prepare to inflict their pain once again…..who is in charge of this counterproductive media blitz….someone from the US?…..good grief….meanwhile Kurd President Barzani continues to study the input that the Peshmerga may have in this upcoming effort.

Fayad: must approve oil and gas law to address the financial crisis

It is believed that by approving the oil and gas law the current economic crisis within Iraq will be addressed….this would come supposedly in the equal distribution of wealth that stems from the export of oil….at the same time ensuring justice for Iraqi citizens through a special fund created on their behalf…..the differences seen in the past between Baghdad and the Kurds may be melting away and thus leading to the real possible distinction for approval of the law that has been shanghaied for a number of years because of prior disputes…..the Speaker of Parliament is preparing the way to bring this law to the forefront of importance for Parliament upon their return from recess.

An invitation to reconsider issuing a new edition of the Currency

I’m going to call attention to this article solely because the person being interviewed mentions 2016 as the year to delete the zeros…..but once again my focus……this person has an opinion and is expressing that….does that by itself make this something to believe in…..IMO….NO…the CBI governor has spoken out that they are poised to carry forth with this project….put much more trust in his words than the mere opinion of an economist….

Now Dr. Saleh is also quoted here as saying that the projects associated with the recent printing of new currency is a “strategic commodity”….even tho costs associated with it may be high….again….we also are hearing from members of the government who do not control the actions of the CBI….but they can sure offer their opinions as to what they see should be happening…..don’t get caught up in these attempts to grandstand.

Abadi Tries to Bring Former Iraqi VP Hashimi Back from Turkey

PM Abadi is certainly making every effort to right many wrongs that can be blamed on the old government within Iraq….his latest effort includes trying to entice former Iraqi VP Hashimi to come out of hiding within Turkey and to even assume some of his efforts within the political process…..former PM Maliki accused him of murder and saw him sentenced to death in 2012….Abadi is having the court of today review those charges to determine if they were valid or trumped up as so many other charges were at Maliki’s request.

China to Open Consulate in Erbil

China is expressing an interest in solidarity with the Kurds and is stepping up to open a consulate office in Erbil in the near future.

Abadi looking dues Basra and expand the powers of its board

I find it interesting and encouraging to see PM Abadi not only present at this meeting but actually chairing the meeting….I think he is going an extra mile to show the provinces how he believes they should be more in charge of what they in fact control within their respective areas….as he continues to broaden the responsibilities within the provinces….something he predecessor was deathly afraid of doing and was adamantly against.

A source in the prime minister: Shabibi will return to his central bank governor

According to a source within the office of PM Abadi….Dr. Shabibi will be asked to return to his role as CBI governor…..oh how fate has a way of working things to one’s benefit….this comes after the Dec 22nd acquittal of Shabs from charges filed by the previous government.


Abadi Office: Iraq Reconstruction Fund turned into an international character

Iraq Reconstructive Fund…..being impacted in a big way from the international arena….as efforts are implemented to undo damage associated with recent terrorism activities since last June….this includes France who had stayed at arms length in the past to Kuwait…once an enemy of the state….these efforts are working in a proactive way to rebuild physically as well as aiding displaced citizens and families to return to their former lifestyles….I believe this rebirth of international efforts of support for Iraq and it’s people will also aid in the unifying process that is ongoing for them.

Suspicion sneak into Shabibi file .. the judge who sentenced Iberih charges

Long article that basically points to an interesting twist of things within the Iraqi judiciary….the same judge who sentenced Shabs is the same judge who acquitted him of any wrong doing just last Monday….so which side of the fence does he really sit on….or was he truly that coerced by Maliki to convict an innocent group of people….how brutal.

Stapes: the necessity of activating the customs tariff away from the basic needs of citizens

A National Alliance MP is calling for the activation of the customs tariff for Iraq….something they are the only country not doing at this time…..this is a call for a electronic system that would not be bothered by prior issues with corruption….to also try to alleviate higher costs being passed along to limited income Iraqi’s it is being recommended that taxes not be imposed on essential commodities like food, medicines and other essential items.

Well that is enough for the time being…..some interesting topics today no doubt….enjoy.

Aloha   Randy 

BLC Addresses & Answers Members Questions

BLC Answers Members Questions 12/27/2014

gdoodle wrote: Article – 41. This law shall be published in the Official Gazette and implemented with effect from 1 / January / 2015

And, where is article 38?

http://www.bondladyscorner.com/t108533-the-general-budget-of-the-federal-republic-of-iraq-for-fiscal-year-2015

Tlm724:  Hey gdoodle thanks for posting this, I read it while I had my coffee this morning. I just wanted to take a moment to clarify something for you all. Where it shows this “Article – 41. 
~~~

This law shall be published in the Official Gazette and implemented with effect from 1 / January / 2015″ simply means that no matter WHEN the budget is passed whether it’s January or even February

 and after it has been in the gazzette then it becomes effective Jan 1st retroactively applied to that date (Jan 1st) as all budgets are .

 Just wanted to be clear on that Wink And as far as article 38 missing well that could be due to the translation or a typo. Again thanks for posting it.

starlight wrote:  I read a post today on the Internet supposedly put out by Bondlady on October 17, 2012 saying Shabibi is corrupt, etc.  The title is:

There may be some truth to shabibi being involved

So how do you stand now with all the detail you reported about the corruption of Shabibi now?  I am confused.  I still think Shabibi is not the guilty party.  Thanks, starlight

Tlm724:  Starlight thank you for your question. I will do my best to answer it for you as BondLady has commitments today. Let me quote Bondlady’s Chat from Wed Oct 17, 2012 1:56 pm

[BondLady] then the cia will release little tid bits of info

[BondLady] and provide proof

[BondLady] to them

[BondLady] whatever it is

[BondLady] whether it was hashemi and his hit squads

[BondLady] to corruption and bribes

[BondLady] so when things over there get lop sided

[BondLady] and they need to level the playing field

[BondLady] they release info to the ones needing help

[BondLady] the most

[BondLady] so what if

[BondLady] what if

[BondLady] they did the same thing

[BondLady] on shabibi

[BondLady] whether it’s true or not

[BondLady] whether it was him or not

[BondLady] he is the cbi gov

[carpentersr] maybe that is why everyone there is holed up at the moment…

[BondLady] the buck stops there

[BondLady] whether it was someone who worked at the cbi

[BondLady] doesn’t matter

[BondLady] he is in charge

[BondLady] whether he did it or not

[BondLady] the buck stops there

http://www.bondladyscorner.com/t55349-bondlady-chat-follow-up-on-cbi-and-dr-shabibi-10-17-2012

Also she said this on Oct 19, 2012 9:46 am as a follow up: 

“ITS A DIFFICULT TIME FOR US ALL IN THIS INVESTMENT, AS SO MANY THINGS HAVE HAPPENED AND CHANGED THRU OUT THE YEARS, I ASK U ALL TO REMAIN STRONG THRU THIS SHABIBI ISSUE,

I CANT SEE THAT EVERY THING WE THOT ABOUT THE MAN THRU OUT ALL THESE YEARS COULD BE FALSE, BUT WE HAVE TO LET THIS ISSUE PLAY OUT AS IVE SAID MANY TIMES”

http://www.bondladyscorner.com/t55552-bondlady-addresses-another-sites-coments-per-the-shabibi-news-10-19-12

end quotes

Tlm724:  I think it is safe to say that BondLady has always based her opinion on facts and if you can take the time to read back over those posts in full you will see that she spent countless hours verifing everything she could at the time.

 Dr. Shabibi has been cleared of all charges against him and as we have stated will probably be re-instated as the governor of CBI any time now. As to your question ”  So how do you stand now with all the detail you reported about the corruption of Shabibi now?”

I don’t think there is one person that was in power in Iraq that didn’t have their hand in the cookie jar, no one was above reproach.

Remember there was no electronic accounting except for the CBI itself, it was a free for all for theft and corruption. They would steal all they could then there would be a fire if they suspected an arrest warrant was coming. They would burn the evidence which was probably written on pieces of paper etc..

Was Dr. Shabibi quilty of any malpractice ? We can’t know the answer to that but I was reminded by BondLady that there was a question about the 13 dinar profit made off each dollar sold in the daily auctions and that the accounting was off. Was that Shabibi ? Again no way to tell.

His sins may have been more innocent than that. If you recall each year as the budget was being prepared all the GOI guys would look to the reserves at the CBI saying “hey we can just use that money” while drool was running down their faces. Shabibi would always say NO that money cannot be used !

Maliki wanted to take money from the CBI to build up the infrastructure for the Port of Faw and was turned down repeated by Shabibi. But old Shab’s held tight to his convictions and said we are independent ! Maybe just maybe that is what got Shabibi in trouble but who knows.

The whole country of Iraq is different now and has been since Sept. There is accountablity and oversight and corruption is being controlled . Whole new set of circumstances.

 I am encouraged to see Shabs back as he orchestrated the currency reform. That said, I hope I have answered your question and we will watch and learn together what this new and old set of players will do for our investment.

I just had an afterthought , Shabibi is the one who continually told the gov of Iraq to develop the private sector and increase industry to get away from dependancy on oil…

 he told them how to do this and had they taken action at the time this drop in oil prices would not have effected them as badly but no they rode in the first class car of the train all these years and now that ride is over. They gotta do this …. just sayin


2 Re: BLC Answers Members Questions 12/27/2014 Yesterday at 11:23 pm

Tobyboy:   Timmy I remember when BL had the chat you posted above. I had felt from the beginning when Maliki tried to get Shabibi arrested that Maliki was no good and believed from day one that he was innocent of those charges. 

From that point 2012 believed that Maliki was corrupt and boy was I correct looking at all the corruption been coming out againbst Maliki. Also at that time Shabibi tried to tell MAliki of corution of people in BAnking that Maliki had put in of course Maliki would not listen to Shabibi.

 I am really happy that Shabibi has dismissal of charges and will will see a lot of good come about once he gets back in CBI. My point is Bondlady has also been on target with our investment. I have had my aluminum thinking cap on. BL knows what I mean Hello Bondlady  Very Happy

tlm724   FOLLOW UP: 22/12/2014 the Integrity Committee in the House of Representatives of the previous session that sack Shabibi been through it, that the competent court of inquiry to consider the fairness issues negated the charges to the Governor of the Central Bank of the article Shabibi,

 describing him out of office, “targeted personally” for failing to grant money to Prime Minister Nuri Maliki and his son Ahmed        http://www.dananernews.com/News_Details.php?ID=5406

http://www.bondladyscorner.com/t108641-blc-answers-members-questions-12-27-2014

Late Sat.PM/ Early Sun.AM Dinarland Rumors and Opinions

Dinar Updates:

Poppy3  THE BUDGET IS LIKE IF I WERE TO GIVE YOU A NEW CADILLAC IT WOULD NOT BE OF MUCH USE TO YOU TILL I GIVE YOU THE KEYS TO START IT.

WELL THE KEYS TO THE BUDGET IS A RATE AND THEY CAN PASS THE BUDGET BUT IT IS NOT DRIVABLE TILL THEY GET THE RATE.

THEY HAVENT HAD ALL THE EMERGENCY MEETINGS AND BEEN PUSHING ALL THESE LAWS AND BUDGET THROUGH FOR WEEKS AND MONTHS TO FINISH AND THEN QUIT.

THEY WILL ISSUE A RATE SO THE GOI CAN TAKE THEIR NEW WHEEL FOR A DRIVE. 

sczin11   [THE BUDGET IS THE CAR AND THE CBI HAS THE KEY.]  AND WHO IN THE CBI HOLDS THE KEY TO START THE ENGINE? IMHO, DR.N SHABIBI HOLDS THE KEY!

 I STILL SAY RATE BEFORE BUDGET…DR SHABIBI WILL PULL THE CAR OUT OF DRIVEWAY!  THEY CAN HAVE WORTHLESS BUDGETS…WHAT WE WANT IS A FULLY VALUED BUDGET. 
….

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Stage3alpha:

Guesses to Exogen’s Picture Clues:

G T December 28, 2014 at 9:12am Sunday Morning Clues…..

We’re in Countdown Mode (AGAIN)….From 20

Upon Public Release 3 Currencies in the Basket have the potential of escalating Quickly in value

The Gold is Camouflaged in plain site

The VNN Rates Are Unpredictable….Going Up & Down!!!

**********

Hale Ali’i December 28, 2014 at 9:19am It is done, done, done. Anyone who says otherwise is misleading you. We are there! Did I mention it is done? I trust my source 100% so get ready…it’s done!

KThompson > Hale Ali’i December 28, 2014 at 9:30am I believe it is done also but until a rate is released being done is meaningless as far as us exchanging. They can now take their sweet time to release the rate.

Osso December 28, 2014 at 9:49am Copied from Twitter:

@JCR3758:
Good morning everyone. Be blessed in the knowledge that we have been chosen by the Almighty to help others. A new journey stands before us!

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TNT:


Imperium:  My apologies if this has been explained ad nauseam… RE: Pam/Tony’s tweet yesterday :: Is the RV dependent on the Budget being announced in the Gazzette? So Jan 1st the Gazzette announcement is made then what?

Already Blessed:  IMPERIUM – THE ANSWER IS A LITTLE MORE INTERESTING…..NO…IT HAS NEVER BEEN NECESSARY FOR THE BUDGET TO BE DONE, COMPLETED, VOTED, WRITTEN IN STONE OR IN THE GAZETTE…UNLESS….SOMEONE DECIDED TO TIE IT TO THAT OR SOME OTHER REQUIREMENT AT THE LAST MINUTE ….SO THEN YOU WOULD ASK YOURSELF WHY WOULD THEY WANT TO DO THAT?

Imperium:  Already Blessed… yikes… so it’s a wait-n-see… ? Am I correct that we could see/hear something anytime? Thanks.

Already Blessed:  IMPERIUM – IT WAS AN EXAMPLE OF HOW THINGS ARE CONSTANTLY CHANGIN… I WISH WE HAD ALL THE ANSWERS …. WE REALLY HAVE GREAT SOURCES AND I BELIEVE THE BEST INTEL OUT THERE…. AND THIS ‘PUZZLE’ IS NOT ONLY 3 DIMENSIONAL BUT IT CONTINUES TO SHIFT AND CHANGE SHAPE…. OUR TEAM TALKS ALL THE TIME AND SHARES EVERYTHING WE HAVE AND WE STILL JUST DON’T HAVE ALL THE ANSWERS…. AND SOMETIMES WE ARE WRONG….BUT MOSTLY IT IS THAT IT IS CONSTANTLY CHANGING WITH LAST MINUTE NEGOTIATIONS FOR WHATEVER REASON…AND MANY OF THEM ARE WAY ABOVE ANY OF OUR PAYGRADES!

Tbirrd:  **budget needs an rv, rv doesnt NEED the budget — that said, we prob. have to wait till INK comes out about gazette…. heehee

DRL: AB : So that it would appear that Iraq is in t he driver’s seat!

Already Blessed: THERE ARE OTHER ALTERNATIVE ANSWERS FOR THAT TOO DRL….

Jessie:  Already Blessed is there a setback

Already Blessed:  JESSIE – NONE AT ALL THAT WE KNOW OF

Storm: A B ~ may I ask… does the ISX closing/re-openning have anything to do with letting this go?

Already Blessed:  STORM … IT COULDN’T OR IT WOULDN’T HAVE BEEN ABLE TO GO ALL THE OTHER TIMES…BUT IT COULD BE AN INDICATIOR OF TIMING…ANYTHING COULD BUT I HAVEN’T HEARD ANYTHING BEING TIED TO THE ISX RIGHT NOW

RVme:  AB –So no changes since Tony’s call on Friday. Still optimistic for this coming week

Already Blessed:  RVME – NO CHANGES SINCE TONY’S CALL ON FRIDAY

Red: if 75 percent of 5 million people only have 3 or 4, 25k notes I have not yet been able to figure out how this is going to change America let alone the world, and if the remaining 25 percent pay half of their money to taxes then I for sure don’t see how they can make a difference in very many lives but for a short. Of time my prediction is 5 years after the RV happens the United States will be in the same condition or worse than it is now financially

Already Blessed:  RED – I HOPE NOT….I THINK THINGS WILL CHANGE A LOT…JUST HELPING THOSE WHO NEED IT WILL CHANGE THIS WORLD…THERE ARE A LOT OF INTANGIBLES AND THIS GCR IS SUPPOSED TO CHANGE HUNGER AND POVERTY IN THE WORLD…ALL THE HUMANITARIAN PROJECTS TIED TO THIS WILL CHANGE LIFE ON THIS PLANET FOR THE BETTER

Texas Ranger:AB no signs of Okie do you know if he is ok

Already Blessed:  OKIE IS STILL AWESOME…HE CALLS TONY ALMOST DAILY…HE IS STILL THE SAME AND DOING WELL…AND FUNNY AS CAN BE….

Gizmosmom: PAM it’s Gizmo… what are the hopes if any of this happening before the 1st on the 7th or the 15th. scenarios that are out there. it’s so hard holding on to this hope

Already Blessed:  GIZMO – IT ISN’T HARD FOR ME TO HOLD ON TO THE HOPE….TONY AND DC AND I REALLY ARE A GLASS OVERFLOWING GROUP….YOU HAVE TO FOCUS ON THE POSITIVE…PERIOD….IF YOU READ THE NEGATIVE STUFF…THEN YOU WILL BE FEARFUL ….NEITHER ONE WILL MAKE IT HAPPEN ANY FASTER…IT IS YOUR STATE OF MIND WHILE YOU ARE WAITING….. THE INFORMATION AND INTEL INDICATE THAT IT IS READY TO POP AT ANY TIME….SO IT IS EASY FOR ME TO BE HOPEFUL!

Already Blessed:  IT SERVES NO PURPOSE TO WALLOW IN THE NEGATIVITY….IT JUST FEELS BAD….IF YOU CAN FOCUS ON THE POSITIVE THINGS THAT ARE HAPPENING….YOU WILL BE HAPPIER…NONE OF US CAN MAKE THIS HAPPEN ANY FASTER BUT WE CAN BE HAPPIER WHILE WE ARE WAITING

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GET:


Topic: Accept responsibility for your life. Know that it is you who will get you where you want to go, no one else. Les Brown

Late Saturday Night:

Stage3Alpha:


shaman December 27, 2014 at 9:45pm Budget Passed

Saturday, 27 December, 2014

Frank26 The 2015 Budget Is Passed! You can wait all You want for the articles to show You methodically…But I’m telling You…It is passed preparing itself for the Gazette.

R.V. / GCR > shaman December 27, 2014 at 9:49pm CONCUR

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TNT:

ALREADYBLESSED
: ACCORDING TO OUR IRAQI 

SOURCES….PRES OF IRAQ ON IRAQI TV TELLING IRAQI PEOPLE 

THAT THE 2015 BUDGET IS RATIFIED AND WILL BE POSTED IN THE 

OFFICIAL GAZETTE ON JAN 1

**************************

KTFA:

azuka :I dont post much. Buy guys remember the CL Numerology game earlier in the year where she was talking about 7-7? Been thinking could the 7-7 she meant be December 31st . 2014? Here is my thinking:

december 31st 2014 = 12/31/2014

December 31st = 12/31=1+2+3+1= 7

2014 = 2+0+1+4=7

Big Tex: Works for me!

**********

ROBDEL:  Just last week I had a wealth manager basically tell me to jump in the lake when I inqiored about the status of thier opinion on the dinar. He told me….it will NEVER HAPPEN AND NEVER ASK ME ABOUT THIS AGAIN! I showed him, though, I took my entire balance out of WF (although it was a few tens)

**********

Frank26:   IMO ……… Next time put cell phone in top pocket ……. Record his answer and save it.

When RI kicks in …….. Play it back to him.

Show him a pic of all Your dinars.

Say TA DA and ………. Aloha …..KTFA,      Frank