HAT TIP: The IQD Team
Great Night of News, Analysis & Discussion! Listen to the Call for All News Shared Conference Call Replay for Tuesday – April 17, 2012
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-Thanks to Brenda for the Summary/Cliff Notes-
“Straight Talkin’ Mike” Recaps and Summarizes The Nights News
(Listen to the recording for all of the detailed analysis of the articles discussed – So much great information shared… The following is just a recap of the articles discussed on the call)
We discussed several great articles on the CBI…
They talked about wanting to work hand in hand with the government… getting them to do the things they need to do in order to raise the zeroes… NOT delete the zeroes… raise the zeroes… we know that those mean two different things – we have discussed this many times – and when the CBI talks abut this happening they talk a lot differently than when the government talks about it… They always talk about deleting those zeroes.
Obviously the CBI understands what they want to do and the government doesn’t have any idea what they are really trying to do based on what they are trying to do, but it was a nice puff article out there Saleh coming out there and saying Look we are not at war with the government – the government needs to understand that we control the monetary policy and that they need to enact these things to keep the monetary policy going – not to use them as stoppers or to use them as things to inhibit monetary policy but its the way it is… Obviously they don’t like it – would rather have our reserves – but that doesn’t do anything for you – you’re not tied to the world system… you’re kind-a out there on your own island and eventually it all comes crumbling down – that’s what Saddam did – that didn’t work the first time… lets go ahead and see what’s going on.
Well in the meantime, the CBI has been trying to stabilize the currency rate in the streets – They put some dollars out to kind-a quell that – they’ve kind-a put the kibosh on people coming in and taking this currency and running out to use it for different reasons – they are getting rid of the “ghost buyers” and they’ve got more buyers using the currency inside the country than there are outside the country now… and hopefully they can keep some of it in the country to stabilize those rates and then they can move forward… They’ve certainly done it over the last couple of days and they are still working pretty hard to keep this situation stable… keep an eye on the CBI to see what they are doing.
Moving into the political news we discussed…
An article about the government talking about cutting the salaries… There was some “helter skelter” and “awakening” going on as the article stated… What we found was very odd I guess that they are trying to cut these salaries at this point in time… AGAIN a currency that is not worth very much and they are going to cut these salaries… People are looking at them like they have a third eye… The article said we will see why we are going to do this in the coming days – we don’t know what that means – we assume they are trying to work with getting more value added to the currency because that is the only thing that kind-a makes sense.
We discussed how many articles are coming out about the necessity to get these three presidencies together to have them meet and get them going – we know that the key regardless of whatever else you read is whose signing oil contracts – how’s the money being divvied up -that is the most important piece to this as we go forward as we have said many times because Erbil is a key piece of that – the power sharing agreement – its getting people moving… Until we start to see some very positive things moving in that direction – that’s what you want to keep your eye on moving forward… These guys can talk all they want but quite honestly you can go in and sit down and talk and if Allawi doesn’t get his minister and Barzani doesn’t get what he needs eventually they are going to have to move to a Vote of No-Confidence… Looks like they have what they need to do that.
We discussed an article that the groundwork has been laid – that they are ready to go – they have all the approvals they need from the clerics, etc – they are not going to tell us when they are going to do that but they are going to go there – my guess is that there will be some kind of meeting between all 3 now that Barzani is back… It will be laid out very clearly what the deal is – who the allies are and the lines will be drawn in the sand and they will either come out of there with a positive yeah we are moving in one direction – here’s the ministers and go and we will see what happens.
We discussed the pressure and publicity in the American papers…
Can the U.S. help Iraq return to a democratic process and the answer is Yes – politically we can do a lot of things – that does not mean that there are all kinds of conspiracies about this RV – It just means that politically we need to move the political process forward – the same thing we do with other countries – political meetings happen – doesn’t mean people are in control or out of control – Its the nature of how we deal with countries – Its a political process and a diplomatic process… They are told certain things and you go and have meetings – this is what’s going to happen – this is what you can count on and what you can’t count on – all of this is done in secret and that’s how things get moved / settled – who knows what will come out of those type of things… but eventually the pressure is going to be hard enough that they are going to have to move forward one plan or the other.
One article I read today talked about… Look we are coming into an election year you don’t want to have Iraq explode coming into an election… my guess is there is a ton of political pressure from us right now to really resolve this and move it forward. We will have to see how all of that plays out… Its not going to be something we are going to read in the paper… it’s something we are going to see the effects of as they go thru this and we want to keep our eye out there for that.
Last but not least we talked about the Oil Exports…
Record exports for April – Great article – they opened up this new platform and they are just pumping oil onto tankers and they are filling up and leaving as quick as they can… There were so many great articles about oil and business in Iraq lately… People ask us all the time where we are at and where are we going? The amount of oil and the amount of things that they have – something has got to happen with this – there’s a lot of wealth there – This was kind-a keep the faith article to let you know what’s going on and ITS ALL GOOD!
And there you have it…
Straight Talkin’ Mike On The Straight Talk Express
Bringing You Another Night of Great Positive News!
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The I.Q.D. Team, Ltd.’s News Article Coverage for Tues. 04/17/2012
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- JD reveals new procedures for the central bank currency rates on the rise
- Central Bank Official: raise zeroes from the currency requires the cooperation of the government
- Chairman of the Reconciliation Committee: Committee to continue with the Council of Ministers to know the truth about reducing the salaries of Awakening
- Kurdistan Alliance: Barzani invited to a meeting of leaders of blocs of support for the National Conference
- Iraq On Target for Record Oil Exports in April
- A forthcoming meeting of the three presidencies
- Report: America can return Iraq to the democratic process
- Iraqi revealed “plan” to withdraw confidence from Maliki?
Link to all articles above with source links>>> LINK
Mr. IQD 