Highlights/Thoughts
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1. The budget was completed before Sunday
2. Maliki handed over the 3 ministers and the GOI was complete, but no articles said this
3. Frank says do not pay attention to the articles
4. They have Iraqia TV, which is the voice of the GOI
5. An article came out saying that the Minister of the Interior and Defense were helping in the security ministries
6. It says they are busy working in the GOI and areas for Friday the 25th
7. They are playing games to not show who has the actual seats
8. Why are they hiding this? Because they would have to say there is a complete GOI
9. The rate of 1170 can't remain at this level and has to be changed to balance the budget
10. Shabibi is saying the rate is late
11. He is saying he will make the RV compatible with the budget
12. He is hinting now that over the weekend he wants to give the rate
13. Maliki did turn over the 3 names and they are working now to prepare for the defence of the 25th protests
14. What is happening this Friday was planned long ago....a year ago
15. The situation in the ME was caused by someone, but who?
16. They could have started this a long time ago
17. The powers that be had enough and the situation in the ME started happening
18. Maliki got scared and said get it down now
19. He asked do something to protect us on Friday 25th
20. The GOI this Friday will be slapped by the Iraqi people and those in charge
21. The North East tell us they have handed over everything and its done
22. The whole ME is looking at Iraq and they need to be slapped this Friday
23. They will be severely taken care of this Friday
24. Since January this has been going on and the people are telling the GOI each day "you promised this to us" and they are asking about their dinars
25. Frank points out that Maliki is the main reason for all the delays in the plan and the authors are trying to send him a stern message
26. Obama is not part of the plan, nor is the author of the plan
27. The HCL and Article 140 are not needed for the RI/RV per Frank
28. There is nothing left to do but release the rate, and Shabibi said yesterday that he does want to do this
29. Delta said that Condi Rice said that soon the people will thank Bush for what he did in Iraq
30. Delta said he is from the ME and that people do not have the guts to do what is going on right now in the ME. So, something powerful is pushing what is going on
31. In December, a friend told him this kind of thing could go on, and he didn't believe him
32. Shabibi's statement of adjusting the exchange rate to follow the budget is the first time he has said that in 6 years
33. Part of the budget deals with investments that are tied to contracts, which means they must have a tradable currency or they cannot implement that part of the investment
34. To activate the investments, they must have a tradable currency
35. TV said all the ministries must start hiring now
36. They must use dinar for the budget, and they need money to activate part of the new budget
37. The US government paid for everything in the past, and Iraq paid for nothing to rebuild their country as they never had money
38. This year the MOF said to the CBI they need 25 bil dinar to hire new people and the money supply is only about 25 tril
39. It took 6 years to collect 85% of that and if Shabibi sells the 3 denominations to pay for that, it would be suicide for Iraq...inflation will go sky high
40. Shabibi has to adjust the rate--it's a fact that he has to do this--or there will be big problems
41. Parliament met last night and the article said the the President said he is expecting Maliki within 2 days to bring the rest of the ministers to Parliament
42. But fighting broke out in Parliament
43. Delta feels it was planned and the meeting was postponed until next Monday
44. Maliki said demonstrations have to have permits from the GOI and he ordered all the ministers to go to their cities and see what is going on and what the problems are
45. Delta got a call yesterday from someone very close to the CBI
46. They said its possible that the demonstrations might turn to celebration on Friday
47. Maliki said 3 weeks ago that he would bring the 3 ministries to parliament and that he was just following orders, and that he would not do it until he was given the green light
48. In Delta's opinion, they have 24-48 hours from Monday to RV
49. Frank says a message has to be sent to 2 countries: Iran and Iraq
50. February 25th is independence day for Kuwait
51. Delta said they were happy on TV about the budget and that the CBI said it is ok for parliament to borrow money from the CBI
52. Delta says the GOI is done but not official yet
53. He said they need to get a green light and get a background check on 2 of the security ministers before they put them in
54. They have to RV no later than March 1
55. Delta said that the news of Maliki running to Kuwait is misinformation. He is implying that someone doesn't want to see Iraq succeed. So, they are the ones responsible for those articles
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