Tuesday, January 25, 2011

1-25-11 Frank26 notes from CC yesterday

Highlights/Thoughts
Click on the title of this posting to get to the details of the notes on DD

1. What Frank shared yesterday will carry us through until Sunday
2. Maliki took over the CBI
3. They appear to be in turmoil that Maliki may come in and the Kurds have more seats
4. Frank asked two people if they thought what Maliki did was a bad thing, and they said no
5. Frank mentioned that there is NO resistance and Shabibi hasn't said anything
6. In April of 2010, Maliki started to take control and fight the authors of the plan and the citizens
7. Maliki is trying to take control of the CBI because it's good
8. He is doing it because we can't fight him
9. Parliament and the people are not protesting this
10. They want him to do this so that he can release the rate
11. Maliki wants to do this so that he can be the "good Saddam"
12. Everyone is bowing to Maliki and not throwing a fit
13. Canada finished testing their banking system with a rate of .28
14. 18 currencies are due to change
15. Iraq TV says the CBI is looking into the Supreme Court decision
16. The Supreme Court is under Maliki, but the Kurds are in charge
17. No reason for Frank to share anymore information for 7-8 days. Iraq is "having a walk about"
18. TV said they are working on the budget and the ministries this week
19. They will pass the budget this week
20. Frank will begin watching them carefully 2/1, and will no longer watch Shabibi. He will be watching Maliki
21. RV is a 5 step process. We are on step 3. Audit was turned in. This is step 3 and they are still working on the audit.
22. Step 4 is to give the finance report to Maliki, which is not required anymore due to what Maliki did
23. Step 5 is when Maliki gives everything to the IMF
24. No confidence vote cannot happen because Allawi doesn't have the power. It was stolen just like the powers were stolen from Shabibi, or maybe Shabibi gave in
25. The world is not coming to an end and the USD is about to bounce back ASAP
26. Delta says they will RV the currency no matter who owns the CBI
DELTA conversation:
27. Why did the CBI delay? Greed. They made $50 billion from the auctions. They delayed this to get more money
28. The CBI gave the excuse they needed the GOI to be seated, and that's a lie because the CBI is independent of the GOI

29. Maliki is powerful. Everyone tried to take him out, but they could not
30. People say that Maliki is Iran's puppet. He listens to no one
31. Allawi is a complainer and we don't see the guy
32. TV said all the remaining ministries are done
32. Maliki told all that he has enough chairs to pass the GOI
33. Maliki also said that the budget is done
34. Delta says everything should be passed and done next week
35. The banks are testing the rate
36. No investment contract will be active until there is an approved budget and a GOI
37. Frank thinks that Maliki is trying to scare the CBI to RV immediately, and the opportunity may come this Sunday
38. Oil is down again as they are waiting for Maliki to RV

Ok.  I just have to say this.  This is a world's record entry for my blog.  Very long posting....sheesh!

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