Highlights/Thoughts
PLEASE DO NOT READ THIS IF YOU DO NOT WANT TO READ RUMORS
This is already in a summarized format.
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[12:56:23 PM] *******™: .Here is what really happened today at the UN Security Council Meeting.
1. Back-room deal to lift Chapter 7 was agreed to on Monday, December 13, 2010 (Source – Attorney/Client Privilege)
2. Today’s meeting HAD to take place in order for every Member Country of the UN Security Council to have their say and vote, a formality which must take place, but a formality that was already governed by Monday’s agreement. (Source – Attorney/Client Privilege)
3. Meeting was held in accordance with Robert’s Rules of Order which are guidelines for how to run a Parliamentary meeting to make certain of smooth, orderly meeting and to give all participants the courtesy and respect of their fair-say, i.e. again, today’s public meeting HAD to take place – not proper to be determined solely in a back-room deal.
4. Considering the many items that are on the Agenda, not just the few such as 660 and 661, it would take forever for Iraq to comply if they had to do so prior to completely being lifted from Chapter 7. (Source – Attorney/Client Privilege)
5. Thus, the agreement entered into on Monday was that the UN will vote to agree to lift Chapter 7 with the caveat that if Iraq does not stay in full compliance, sanctions will be immediately re-placed upon Iraq. (Source – Attorney/Client Privilege)
6. All sanctions against Iraq are listed on the linked-site listed below. The site then gives another link for more recent sanctions; however 660, 661 and the important sanctions are on this site.
http://www.casi.org….fo/scriraq.html
7. Japan gave strong speech when it took it’s turn at UN Security Council Meeting which focused primarily on economics, i.e. “show me the money”
8. The multitude of Kuwaiti claims cannot be resolved in a moment’s time; another reason why Chapter 7 has been lifted with caveat, i.e. you screw Kuwait and you will be right back in sanctions. (Source – Attorney/Client Privilege)
9. Too much need by world economies for RV – sanctions against Iraq must be lifted; thus the deal was done on Monday and what you saw today are the formalities. One example, France is bankrupt but they are sitting on a stack of Iraqi Dinar – they need RV ASAP. (Source – Attorney/Client Privilege)
10. The Iraqi govt has been seated, just hasn’t been announced (source – Attorney/Client Privilege)
11. Govt contracts and independent contracts have to be honored. The infrastructure of Iraq has to be re-built. They cannot wait for Iraq to comply with everything prior to Sanctions being lifted. Covered in Monday’s meeting. (Source – Attorney/Client Privilege)
12. The Iraqi people need money to sustain a reasonable, respectable, and humanitarian life-style, i.e. RV must take place soon or major revolt (Source – Attorney/Client Privilege)
13. We are talking about a Dictatorship being turned into a Democracy. This takes time, indeed – years. Thus, Monday’s agreement to lift Chapter 7 and then come right back with more sanctions if Iraq does not follow through on their part of the deal. (Source – Attorney/Client Privilege)
14. The world needs Iraq’s oil; now! Thus, Monday’s agreement to lift Chapter 7 and then come right back with more sanctions if Iraq does not follow through on their part of the deal. (Source – Attorney/Client Privilege)
15. RV must and will happen within days. Rate has been given to Bank of America and FED. They are waiting for orders to send the wire to every bank immediately upon receiving said orders. (Source – Attorney/Client Privilege)
16. Bank of America is the market-maker and FED facilitator on this deal. Know the history of Bank of America and you know this to be fact without even having a qualified source (Source – Attorney/Client Privilege)
17. The deal is finished. EVERY country wants to get their piece of the pie so there will be some more back-room posturing and negotiating with every country knowing in advance that they will have to “horse-trade” quickly as the deal is actually finished. (Source – Attorney/Client Privilege)
18. The men and ladies of the Iraqi Government are extremely intelligent and well-educated, i.e. they come from wealthy families and studied overseas, not at the Community College of Tikrit! They are lawyers, economists and the like educated at the London School of Economics, Harvard, Wharton School of Business, etc. (Source – this is your homework assignment)
19. RV is imminent. (Read above)
20. The fat lady is gargling (Source – eagle)
This blog is all about the rumored revaluation of the Iraqi dinar, or the rumored reinstatement of the Iraqi dinar. If you have interesting intel, rumors, or news that you want to share, please feel free. I welcome all views.
I get information from news sites, dinar chat sites, and directly from friends in Skype and Yahoo IMs. I intend to only post important things--not everything. I'll do my best to post unique tidbits you may not find in other sites. Enjoy and follow me!!!
Thursday, February 17, 2011
2-17-11 House of Representatives Completed Discussion of the Federal Budget for 2011
Highlights/Thoughts
Click on the title of this posting to get the details of this article
1. The House completed the discussion of the budget in its 34th session
2. There is a proposal to deduct one dollar from every barrel of oil and allocate it to the citizens
3. The interventions focused on the importance of providing the final accounts of all ministries and increasing investment allocations for the ministries of service
4. They also discussed seeking to cancel the 5% of oil revenue payment to Kuwait
5. It was noted that Maliki received the final accounts for the years 2003 - 2008, but the final accounts for 2008 and 2009 are still pending
6. It was also pointed out that all the preparations for the census is ready, although there are some obstacles
7. The next Parliament meeting will be on Saturday
Click on the title of this posting to get the details of this article
1. The House completed the discussion of the budget in its 34th session
2. There is a proposal to deduct one dollar from every barrel of oil and allocate it to the citizens
3. The interventions focused on the importance of providing the final accounts of all ministries and increasing investment allocations for the ministries of service
4. They also discussed seeking to cancel the 5% of oil revenue payment to Kuwait
5. It was noted that Maliki received the final accounts for the years 2003 - 2008, but the final accounts for 2008 and 2009 are still pending
6. It was also pointed out that all the preparations for the census is ready, although there are some obstacles
7. The next Parliament meeting will be on Saturday
2-17-11 Skype chat - Cagetrucker rumor
Highlights/Thoughts
PLEASE DO NOT READ THIS IF YOU DO NOT WANT TO READ RUMORS
1. Cage confirmed with 2 sources that the RV is complete
2. The UN is in an emergency meeting
3. Kuwait agreed and the UN is to lift all sanctions now
4. The RV will happen
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[11:43:53 AM] [CAGEtrucker] 43 MINUTES AGO RV is complete UN is in an EMERGENCY meeting I have confirmed this with 2 other sources. Kuwait has supposedly agreed and UN is to lift ALL sanctions NOW and RV will occur I hope it is correct. THAT is latest word I hope it is true been verified by a few sources
PLEASE DO NOT READ THIS IF YOU DO NOT WANT TO READ RUMORS
1. Cage confirmed with 2 sources that the RV is complete
2. The UN is in an emergency meeting
3. Kuwait agreed and the UN is to lift all sanctions now
4. The RV will happen
***********************************************************************************************
[11:43:53 AM] [CAGEtrucker] 43 MINUTES AGO RV is complete UN is in an EMERGENCY meeting I have confirmed this with 2 other sources. Kuwait has supposedly agreed and UN is to lift ALL sanctions NOW and RV will occur I hope it is correct. THAT is latest word I hope it is true been verified by a few sources
2-17-11 Kurds are demanding reduction of fuel prices and the establishment of power stations, warning the spread of the demonstrations
Highlights/Thoughts
Click on the title of this posting to get the details of this article
1. The Kurds are demanding a reduction in fuel prices and the establishment of power stations, warning demonstration will spread
2. The Kurdistan Alliance told the GOI to reduce fuel prices and allocate funds in the budget for the establishment of power stations in the governorates of Iraq
3. They also called for the ration cards to be increased to 25k from 15k
4. On the 8th of February, the Cabinet decided to allocate 500 billion dinars in compensation for citizens due to the lack of ration card items, and they increased the ration card to 15k
5. The Kurdish deputy presented these demands to the President of the House and expressed hopes that the demands would be met in order to curve the demonstrations occurring due to poor services and high prices of oil derivatives
6. In the last 2 weeks, Iraq has seen popular demonstration inspired by the events in the Arab countries
7. The demonstrations in Tunisia and Egypt have led to the fall of their governments
8. The remainder of the article discusses the various demonstrations in Iraq
Click on the title of this posting to get the details of this article
1. The Kurds are demanding a reduction in fuel prices and the establishment of power stations, warning demonstration will spread
2. The Kurdistan Alliance told the GOI to reduce fuel prices and allocate funds in the budget for the establishment of power stations in the governorates of Iraq
3. They also called for the ration cards to be increased to 25k from 15k
4. On the 8th of February, the Cabinet decided to allocate 500 billion dinars in compensation for citizens due to the lack of ration card items, and they increased the ration card to 15k
5. The Kurdish deputy presented these demands to the President of the House and expressed hopes that the demands would be met in order to curve the demonstrations occurring due to poor services and high prices of oil derivatives
6. In the last 2 weeks, Iraq has seen popular demonstration inspired by the events in the Arab countries
7. The demonstrations in Tunisia and Egypt have led to the fall of their governments
8. The remainder of the article discusses the various demonstrations in Iraq
2-17-11 Deputy for Iraq: The Delay in the Final Accounts Will Not Prevent the Vote to Pass Budget
Highlights/Thoughts
Click on the title of this posting to get the details of this article
1. A member of the List said that the absence of the final accounts for the past year will not hold up the budget
2. The House will vote on the budget before the final accounts are submitted
3. The CBI said it would be in an awkward position if it does not recognize the budget
3. An MP from the Sadr movement said a committee was formed and they found that 15% of the budget from the ministry of defense
Click on the title of this posting to get the details of this article
1. A member of the List said that the absence of the final accounts for the past year will not hold up the budget
2. The House will vote on the budget before the final accounts are submitted
3. The CBI said it would be in an awkward position if it does not recognize the budget
3. An MP from the Sadr movement said a committee was formed and they found that 15% of the budget from the ministry of defense
2-17-11 Parliamentary committee calls on Kuwait to cancel debt as it weighs on budget
Highlights/Thoughts
Click on the title of this posting to get the details of this article
1. The Economic Committee called for Kuwait to exempt Iraq from paying 5% of their oil exports, and for eliminating the remainder of Iraq's debts
2. 5% of Iraq's oil exports goes to the compensation fund for Kuwait in order to repay the debt Iraq owes to Kuwait
3. Iraq owes Kuwait 22 billion dollars
4. The remainder of the article discusses Maliki's visit to Kuwait, and provides an historical perspective relating to Iraq's relation with Kuwait as it pertains to Chapter 7
Click on the title of this posting to get the details of this article
1. The Economic Committee called for Kuwait to exempt Iraq from paying 5% of their oil exports, and for eliminating the remainder of Iraq's debts
2. 5% of Iraq's oil exports goes to the compensation fund for Kuwait in order to repay the debt Iraq owes to Kuwait
3. Iraq owes Kuwait 22 billion dollars
4. The remainder of the article discusses Maliki's visit to Kuwait, and provides an historical perspective relating to Iraq's relation with Kuwait as it pertains to Chapter 7
2-17-11 Maliki will hold a press conference later today addressing economic reform, protests, and Kuwait
Highlights/Thoughts
Click on the title of this posting to get the details of this article
1. Maliiki will hold an afternoon press conference where he will address a range of issues
2. The most important topics will be economic reform, the ongoing demonstrations, and the results of his visit to Kuwait
Click on the title of this posting to get the details of this article
1. Maliiki will hold an afternoon press conference where he will address a range of issues
2. The most important topics will be economic reform, the ongoing demonstrations, and the results of his visit to Kuwait
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