Highlights/Summary & Replay of CC
Thanks to Mark for the summary
Highlights/Summary of Tonights News:
"Straight Talkin" Mikes summary on several articles read tonight
Favorite Article of the Night
Iraq Delays Licensing Round Again
Very excited about this article...
One of the key sentences in this article was
"We have made major changes and amendments on the inital contract that concern the ECONOMIC and CONTRACTURAL terms, and the result was a new model contract"
When I saw this article I took it as a negative article at first...dont like to see them changing dates on anything and contracts being put off ...
But after reading that sentence...it is really positive..had to read it several times
Why does this point to something positive for us?
Oil and Gas Law is what we are talking about...
This is how they are getting alot of the money that comes into the country
definitely this the key to everything that is going on
We talked about needing to pass laws for economic and contractural reasons for the RV...they lay out these oil wells or these areas where they think there is going to be gas and they bid on it...they test..figure out how much oil they can get and they pull it out of the ground and they make huge profits doing that to help them pump it..control it and get it going and Iraq makes huge dollars on the sale of the oil
This has been delayed and delayed .....you can look at as another delay BUT the reason they did it this time is they had to rewrite the contracts
for ECONOMIC and contractural terms
Obviously that has something to do with the money
and we've talked about things that might need to be done for the RV...
they put this down the road a little bit....which gives us a date sometime in the future that if it is tied to any time of an RV happening before that then this contract would not have to be redone
You would do this ahead of time so you dont run into problems when something happens and we talked about that.
Article that points to the OIl and Gas and having to change something....
Why would you have to change something for economic reasons?
In any negotiations you can always adjust the amount you want...the percentages you get and who is getting what...etct
but to be rewritten for economic reasons makes me wonder if there is some clause thats in the contract that has to do with currency and how they are going to be paid and what that is going to look like before an RV or after an RV...maybe not in those terms...Example...Section F...in the event the currency changes we get a bigger percentage....we would want more at that point in time....because there would be more value there etc..
I think that is extremely positive - article I had to read twice when I saw that...Thought it was a negative article but after reading ...had to ask myself What would be the commen sense reasons for doing this...
Dont like to see contracts being put off.....but after reading why I had to say WOW...very positive
They need to start changing things now to get ready for what is happening in the future...
Remember what we talked about....The Arab Summit is huge for them ..they need trading partners..remember that...They need all their friends in the Arab world to come and see them at their best
Building a shopping mall in one of the provinces that is going to be huge....large mall like in Dallas
already putting contracts to do that..now I dont know about you but if my money is not valuable I am not going to pay 50,000 dinars or 500 mill dinars
for clothing and TV sets luxury items, etc
Sony just signed a contract to come in and open a Sony store..that stuff is not cheap..start thinking in commen sense terms that this is
moving in the right direction...stop looking for the date and when...look at those postivie things happening on a daily basis in the country and
ASK yourself this question...Can they support this if they have NO value in their currency?....and the answer has to be NO...
Poor people are not going out buying luxury items....they are worried about feeding themselves
The things that are going in are luxury items - When you start seeing these type of things happening..there has to be some sort of community to support that when these things are done....You have to start pushing forward getting some value..getting them use to that kind of money..so they can
figure out their what their discretionary income is so that they can go out and afford those things...
Great articles about Automobile loans for the people.....3 other articles about cars...Energy plants...so many others we read about today
and housing Loans being offered interest free and includes all citizens...giving back to the citizens...15 yr mortgages...and be able to pay these off with no interest....Positive signs of a country which tells us they are moving forward and should make you feel safe with your investment
Mike Recaps and summarizes tonights news:
Definitely moving in the right direction
Nothing bad out there...
Read about some positive things about some of the contracts being negotiated for ECONOMIC reasons
Citizens getting homes interest free
Shopping malls and hotels being built....
All the companies going in there - Sony and so many other deals
Constitution being ready to go and all that being in the right direction and making sure they keep that all implemented and keep that moving in the right direction
The 140 seems ready to go
Moving in a very good positive direction..maybe an inch at a time but they are going forward
Like we said before...CBI is done
Looks like they just need to get to this National Meeting and they need to hammer out their differences and get themselves to a point where they can come out of this thing really looking like some champs when it is all done
Thats what we are looking forward over the next few days...just to make sure that these things go thru and they start to follow thru with the things they are doing and once we get that all sorted out....everything will fall into place ..it will do what it needs to do If they take care of their business ..
Dr Shabibi will take care of his business and once they announce their fully seated government and they are all unified....its the its the perfect time before that National Meeting to do that AND then lots of good things can happen
Very good progress..Positive things going on guys....If we take ourselves off the roller coaster ride and start to look at all the positive things going on
and not get caught up on exactly when...when... when..then we can start to see these things getting done and understand that they need to do what they need to do in the time that they are going to do it
and there is not a darn thing anyone can do to make them make it go any quicker
Other than Mr Talabani he is doing his best to push them in the right direction
At some point in time at the end of this race it will go very quickly...happen quickly and we will shake our heads and go WOW
We will be at the Finish Line
Deb Reads Her Favorite article of the day:
FOR THE VETERANS:
White House to host a Military Dinner Feb 29 hosted by President Obama and the 1st Lady to mark the end of the Iraq War...
"This dinner, an expression of the nation's gratitude for the achievments and enormous sacrifices of the brave Americans who served in the Iraqi war
and of the families who supported them...."You have been there every step of the way, serving with honor, sacrificing greatly, from the first waves of
the invasion to the troops coming home"
"So as your Commander-in-Chief, and on behalf of a grateful nation, I'm proud to finally say these two words and I know your families agree:
And the IQD Team thanks you also and gives you the recognition you so deserve....Hats off to all of you and your families...thank you for your sacrifice.....We Welcome You Home.
The I.Q.D. Team, Ltd.'s News Articles Coverage
for Tuesday, Feb. 9, 2012
Central Bank: The rise of the dollar bubble just go away quickly and can be easily controlled
Kurdish paper includes oil and gas law - MP
Papers discuss the political blocs next Sunday
Iraq Delays Licensing Round Again
Vice Posted: paper work will be renamed the Iraqi Minister of Defense and the remainder of the Convention on Arbil
Hakim receives Ambassador of Kuwait and looking him overcome the obstacles in front of the outstanding issues
Kurdish leader: the initiative of President Talabani's last chance to save Iraq
Sprayed direct housing loans to citizens and interest-free
White House to Host Military Dinner Marking End of Iraq War
NEWS ARTICLES LINK
What a great night of news, analysis and discussion and Q & A ...listen to the call for all the rest of the news shared....we are getting closer every day......GET R DONE
Conference Call Replay - Feb. 9, 2012
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As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A
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