Investigate, Question & Deliver
Sunday, April 29, 2012
Highlights/Summary & Replay of Conference Call
Replay - April 29, 2012
760-569-7699 Pin 769478#
Straight Talkin Mike's Transcription of the Recap of Tonight's News
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed - the following is just Straight Talkin Mikes recap of the news discussed)
Some Comments about the articles discussed before the Recap......
Lots of positive News Out there....Chapter 7 - Positive things going on....Looks like it is close to being completed - everybody shaking hands..etc etc
It has not been completed but all indications are looking very positive - it probably in principle is all done but not released to the public yet as we have discussed
They are meeting with Kuwait and there is great positive news coming out - meeting today - announcement from those meetings sometime this evening...Remember The UN needs to release them.....all of these meetings are important and critical to UN doing that - I do not think anything will stop this from being completed - all good - Still not official to UN does what they need to do to release them with the paperwork
With all the things going on....CBI is still moving forward with the things they want to do - They've done a great job of keeping their plan together moving us forward and keeping us updated....this is an update with things going on
Remember Maliki has been trying to stop from them from doing what they are doing and they have really worked against them very diligently - difficult to keep them from accomplishing this goal and you can still see they are moving forward to do what they want to do because there is alot going on
Remember be non emotional - key to success is not to be come over emotionally involved - you dont make good decisions when you are - We wait and we watch all of these things come together we see really good things happening.........Good stuff from CBI
The news is coming out fast & furious - when you are reading an article try to see which region the article is coming from
Baghdad is Maliki's mouthpiece - outside of Baghdad - Allawis - also make sure when reading CBI articles - is it coming from them directly or if it is an interview - don't get stuck on the title of the article - read the article and know who wrote it
You have to very careful - You will see articles good and bad - final stages there will be so much out there - so confusing you will wonder which way is up - you should take a very positive and non-emotional approach to all of this -
Don't try to time this event - noone knows the date or the rate - you will get frustrated if you do this
Take a deep breath and say these are the things that I know..these are the things I believe -One main thing is to believe in some point in the future this will occur and I will be fine - don't pin it to a day then you can start to look at these things as positive and will not affect you day to day
We have no control over this political process or when Shabibi is going to do this...we have no control over this - there is no other country that has control over this except Iraq - they are a sovereign nation - they will make their own decisions
We read many articles all week and today about Large companies flocking to Iraq - Investment opportunties- People are NOT running away they are flocking to Iraq - this will happen when they are ready with No Fanfare as Shabibi said
Keys to what we are looking - What do we want to see?
There is an ultimatum out there to Maliki - Is he going to start to play ball? Is he going to seat the ministers - Is he going to get his government announced?
There are lots of rumours out there that say yes...but based on the articles we read its not the case ..its not done yet....
He's not going to react to the pressure like everybody wants him to
So we have to wait and see - is there going to be a vote of no-confidence? Is he going to seat these ministers?
Are we going to get the oil contracts...Is Erbil going to be implemented?
You have 66% - almost 70% of the political parties wanting Erbil - but you have 20% which is Maliki who does not want this to come into being because he is afraid of losing power - the odds are lining up against him - we are watching to see how he will react - he is going to have to do something - we need to watch for how he is going to react - He will do something - stay there or fall by the wayside - might see a vote of no-confidence
Things are moving at a very fast pace now
Once they start to have these meetings and they start to do things we generally see things happen...they are under a lot of political pressure from the rest of the world things we may never hear about - diplomatic pressure - phone calls in the middle of the night saying okay lets get your differences done and lets move forward....Its for the better of the country and lets move thru it
CBI is still out there fighting the constant barage from the government every day as it is trying to keep the currency stable
not only has it been fighting the govt - its almost very clear why they haven't taken the step to RV at this point in time because the government is really waiting to do that and I dont think they think they will have a successful RV and be able to hold their currency with the way the government is reacting against them - they could have alot of people working against their economy and they could lose alot of value very quickly if this is not done properly they way it needs to be done
Really the CBI is done - they are trying to get in lock step with the Parliament because the Parliament has to approve the deleting of the zeroes - We know they are bought in and Parliament really kinda buys into the idea - Maliki has gotten in the way and tried to stop it but truly Parliament is their oversight - they need them there to help them pass all of their rules and regulations that they need as they move forward with this process
We see that the Iraqis really want to hold on to their dollars and Shabibi needs to make sure that he has enough value in the Iraqi dinar to get them to lose their dollars so whatever they can purchase with that dollar now after the fact they need to be able to at least purchase that plus much more in order to get those dollars out of the hands...so we are keeping a close eye on that as he starts to move forward - It's very good for us to see that there is a little bit of confusion in that - it leads to higher initial price for him to come out at so he needs to make sure that he at least has that much value in it
Government - we read about peaceful protests which is good - thats what we want to see - people participating - getting out there- mostly now it is religous leaders getting people riled out over their religous things - people protesting - looks bad - Maliki can see the pressure mounting there on him and out there
We are starting to see that the plan that Barzani had when he came to America and getting people together and now Sadr actually coming into be a part of this - I think that is the key to get him involved because he wields alot of power around with the smaller communites and he has some of these places - almost militias that he has control of that he needs to put under the army and thats why they wanted to have the defense minister - He would certainly be a large part of controlling that army once it is all said and done
We see that there is an ultimatum - we are going to pobably hear alot of that - we are probably going to hear positive and negatives coming out over the next couple of days - they are all going to be
Truly they just need to implement Erbil and move forward
everything is there - the groundwork is laid
It is just truly up to Maliki to get moving forward
He's going to get the pressure that comes from all of that
You won't see a National Meeting before the terms of Erbil are implemented or at least agreed to be implemented
You are going to know that that is done because they will have seated the 2 ministers - Once that is done they will go into that National Meeting and at that particular point in time
the government looks stable enough - Shabibi's window will open very wide for him to do what he needs to do in order to get things done
Remember they are coming upon some very tough dates - they want to implement tariffs...want to get the budget done - there is going to be a need to kinda put these into place and maybe adjust their schedule a little bit once everything is said and done and then move forward - Truly we need to keep in eye on that
Take your emotion out of it...Keep your eyes on the facts and don't listen to the rumors...
We wait and we watch all of these things come together we see really good things happening
The PRESSURE IS really BUILDING NOW is the theme
We talked before about the pressure before...
Before they were talking about it - Now we are actually seeing them meeting and watching it happen
Seeing Statements by the United States...and from other countries - we are seeing lots of things getting done - there is a lot of movement - there is a fine line you have to draw
Maliki is out there doing his thing with Kuwait - you want to get thru that - you don't want to have that all damaged
he's got his own internal power struggles going on
he is looking at the people trying to say he is doing a good job
but you truly have the Kurds sitting out there saying this is it...we are done..we are over it - lets get this power sharing thing done and move it forward - it looks to me that the pressure is really mounting on Maliki - You've got Sadr who really came in and who is going to apply - not the nicest guy in the whole world and he can be ruthless but I think he sees the monetary gain that can happen if this all works out the way it is supposed to because of the amount of oil they are finding in his region - He also knows it puts alot of people to work - it keeps people going - it keeps them from being poor
this is what they need to happen over there.....PRESSURE PRESSURE
Maliki is going to have to yield to this pressure soon...GET R DONE And there you have it...
Straight Talkin' Mike On The Straight Talk Express
Bringing You Another Night of Positive News!
The I.Q.D. Team, Ltd.'s News Coverage
for Sunday, April 29, 2012
CBI / ECONOMY
Parliament confirms move to delete zeros
Iraqis trust the dollar and preferences on the local currency
Central Bank: the project to delete the zeros will not be implemented without the approval of the government and parliament
Today's mass demonstration in central Baghdad
To protest the government's false promises
Vice Posted: Convention on the Erbil is a red line for the Iraqi
Janabi: the Iraqi List, did not specify a new figure for the position of the Ministry of Defense
The first week of May, the date for convening the National Congress
Americans want to implement an agreement Erbil
Vice Posted: Iraq is ready to provide new candidates to the Ministry of Defense .. and it will be decided by the National Conference
Maliki Given Ultimatum at Leaders Meeting in Erbil
ARTICLES FROM OUR GREAT LISTENERS
Maliki Given Ultimatum at Leaders Meeting in Erbil (Thanks Andre)
Urgent Zibari Iraq Kuwait Discussions Achieve Progress (Thanks Lilly)
We're About to Have One of the Biggest Weeks Anyone Can Remember
Thanks Jim...LOVE THE TITLE
NEWS ARTICLE LINKS
What a great night of news, analysis and discussion and Q & A ...listen to the call for all the rest of the news shared and more during the Q & A
SOME GREAT Q & A TONIGHT AS ALWAYS
We are getting closer every day......GET R DONE!!
Conference Call Replay - April 29, 2012
760-569-7699 Pin 769478#
As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A
Every Tues, Thurs & Sun 8PM EST
760-569-7676 769478# or 712222#