Investigate, Question & Deliver
Thursday, June 14, 2012
Highlights/Summary & Replay of Conference Call
Theme: The CBI Rocks
Conference Call Replay - June 14, 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)
Highlights from the CBI/Economy News
"Deputy Central Bank Governor: There are blurred in the understanding of partnership with the Government of the Central Bank"
Greatest article of the night....loved this article
talking about the relationship between the government and the Central Bank of Iraq and as they said in the article "the government needs to grow up"
We talked about the relationship before between the Central Bank of Iraq and its more important now than ever as they move forward in this process and moving the RV forward that they understand the government plays a fudiciary role of oversight - they don't get to determine what the monetary policy is...
The policy is determined by the Central Bank and this is a great article that comes out and explains the differences and where they are headed....I think it is a very timely placed article from the Central Bank to really get the people to understand again that the Central Bank is in control of the monetary Policy and not the Government and they need to make sure that they start to broadcast that out to everybody.....Great Great Article
"Banker: There is a huge financial liquidity of banks in all but ignored government"
We were talking about the Central Bank wanting to bring the private sector in - great article from the private sector banking
saying they need the government to jump in and do a few investment things because they need to be able to have the right products and the right things to offer the people to open up the economy - we know they are making great strides over this last two weeks to really bolster the private sector and what a good time to put a well placed article out there about the private banks wanting to get in and make a part of this in play with all of the others situations that are going on out there and they want to be able to participate in this economy by all of that
"The Central Bank of the project to delete the zeros need to be concerted efforts by the government and parliament"
We talked about who is charge of this process...this article pretty much point blank tells you that the Central Bank is in charge of the process and that they are the ones that are going to take care of all of the deleting of the zeroes and anything that has to do with the monetary policy
All of these articles tonight have a theme with the CBI that everybody is going to try to claim victory - everybody is going to try to jump in...youve got the policical situation going on - they are trying to separate themselves from the political situation - there also still letting the people know they are still moving forward with what they want to do with the currency so as they move forward they are exerting their dominance in this area in coming out and letting everybody know that this is what we do - these are the things we do and this is what we are in charge of and its not put to bed - we've got our plan and we are working our plan and looking to make sure they move ahead
And we believe sometime before they delete these zeroes they are going to go ahead and revalue - great to see them moving ahead with this plan moving forward
"The central bank gives private banks 250 thousand dollars a week to sell directly to the citizens"
Love this article - We've talked about taking out the street merchants to stabilize the dollar - to make sure that things are going down that direction - we've talked about the private banks in the first article wanting to participate more and be able to participate - if we get the people used to going to the banks to exchange dollars then they are at least wanting to come to the banks to do something
Now they can have a bank account...credit cards - now they can start to sell them all of their services that they do when the come in -they can open accounts and do all of that
So what they are really attempting to do is MAKE SURE ALL OF THE BANKS CAN EXCHANGE CURRENCY - very important that we eliminate the street dealers so that he can eliminate the fluctuations in the currency - he doesn't want to have his internal and external rates fluctuate that wildly ever again - they need to be very consistent - whatever he posts on the CBI he really would like to see internally in the country - Once he has his banking system in place he gets rid of most of the street dealers then he can stabilize his currency moving forward - Sounds like they are in a hurry to stabilize their currency and get these things set up
Great news - I really like to see all of these things happening going forward to stabilize their currency
Because that's our best friend - a stable currency is our best friend for things that are going to happen.....AWESOME ARTICLES FROM CBI
As the CBI rocks...the government turns
As we have talked before we know they are going to do whatever they are going to do with their political process but it is our opinion what we really need to have is Oil and Gas Law done
There was an article that made the rounds today exciting everybody saying this was going to be done - It was from a news source that we do not trust - it was the same one that stated Allawi was in the hospital on June 8 when he wasn't - Be extremely careful of the sources you look at - very important that you understand that there are certain newspapers that put out propaganda for one side or the other - designed to really invoke emotions - this source started Nov 2011 out of Great Britain when we researched it -
Right now the Kurds are really really trying to angle for the 140
out of this whole deal would be the best thing for them because that tells them how they are going to do that
They can fight for the power once Parliament is in on the 21st but the 140/Oil & gas is so very important
"Free" you get a letter from Talabani to the leaders of the claimants to withdraw confidence from Maliki"
Talabani's reasons for not putting in the Vote of No-Confidence - he clearly outlines his reasons - he didn't have enough votes - he needs to remain neutral and the National Party is going to do all that they said they were going to do which is what they haven't been doing
Last thing left for them is when Parliament is in session on the 21st
and then try to force it thru at that point in time
Talabani going to try and stay neutral so he can win no matter who wins
"Urgent. Reported a telephone conversation this afternoon between Mr. Sadr and Nouri al-Maliki"
Really sounds like he is trying to bolster as much support as he possibly can to get Maliki out of there - maybe he went over there to change some sort of deal or to let them know whatever deal that Maliki has we will keep the same deal with you - lots of politics and everybody is playing it now....
"Moqtada al-Sadr to telephone and Zuhairi Maliki confirms that the crisis is on its way to the solution!"
Sorta of a Maliki response to the trip to Iran
by Sadr pretty much saying don't try to internalize this
situation - we've got it under control
I am pretty much the dictator - I can do what I want to take control of this - He is pretty bold at this point because the Vote of No Confidence hasn't gone thru - really I think they are going to put it thru when Parliament is in session on the 21st
Round Two of this battle is coming up.....
and truly its not a battle I am concerned with - its the completion of the Oil & Gas Law - and looks like they are making headway on that
"Allow oil to Iraqi companies implementing projects"
This is kinda of a wake up call to Iraq and I like this article because it really puts the emphasis on how badly they need to have the
140 Oil & Gas Law done and it talks about some great numbers - big numbers - 4 out of 39 participants - the last time there were 12..
They are not getting the interest they need to be getting on these exploration fields because of the political unrest they have
and I think it is scaring these people into negotiating to a certain degree - so they are going to go ahead and move forward and ratify the contracts they have there and put that 4th round up
I think it sits there as a stark reminder to these folks out there to just Get this Done - you don't want this starting to affect these oil contracts, oil output and oil exploration - you can maybe be content with what you have but it is very necessary for you to continue to develop and find your reserves to sell - you are the 3rd largest producers - you should start acting like it and pass your Oil & Gas Law
We talked about the private sector and how they need to get that implemented - we talked about the private banks and today we found out that all the private banks are going to be participating and truly what is going to happen is in the end The only place you wil be able to cash your dinar in for dollars is going to be at the banks
This is a great sign the banking system is coming on line because this is what we want them to do - we want them to be the only place...lets get rid of the street vendors - it helps them control their economy - helps them control their rate internally as well as externally and they are moving very fast to get this implemented so they don't have any issues with anything going on with the government so they can be independent and free ....so if they decide to close down the country again they will be able to stave off anything as far as rates going wild because people who are setting the rate is the CBI & not the street vendors - they will be able to know where all the money is going - give alot of dollars to the banks - banks who are having problems following their customers won't get as much - they will lose out on that business - will move over to the business in the private sector banks...private banks
and it will be very interesting to see how that goes to control the money
Its working well at this point to control the internal exhcnage rate as well as the external he needs to get that under control so he can move forward to do what he needs to do to RV
We heard from Talabani
He received all of these votes that calls for people to be out -they didn't vote the way they said they were going to vote..blah blah blah- votes weren't enough to go ahead and remember you guys are not the whole party out there - you are just a particular portion of it and we want to make sure everybody is happy - we need to implement the agreements that are already in place and he needs to remain neutral during this process if he wants to be alive politically when it is all done Sadr said we are ready to go - he went over to Iran talked with them maybe to backdoor Maliki and Malikis contact over there to assure them whatever was going on that they still had some sort of open door policy with Iraq and as much as we don't like it they will be involved with them no matter how hard they try - whether it is Maliki or somebody else they will also have some sort of ties because it is a rich economy - truly if they would just implement these agreements they would be well off and better down the road
Sadr says they are still going to move forward
We will have to watch and see what happens on the 21st which is the next step ahead
That can all go to the wayside if we see the Oil & gas Law come to fruition - We feel they are moving forward with that and it will be implemented SOON
Article for Our Veterans
The Proud: 12-year old boy becomes honorary Marine before he dies
Published June 14, 2012
Cody Green's brave battle did not go unnoticed by the United States Marine Corps.
A 12-year old boy fulfilled his dream of becoming a U.S Marine before he died.
Cody Green, who was diagnosed with leukemia at 22 months old, but battled bravely until his death last month, had always admired the strength and courage of the Marines, his father, David Snowberger, told WTOP.
When USMC officials learned of the boy's “strength, honor and courage” battling his health condition, his father told an Indiana-based television station, they made him an honorary member of the Marines, complete with his own navigator wings.
For one Marine, however, there was more to be done.
The night before Green died, the Marine stood guard at his hospital door the entire night, eight hours straight, Snowberger told Green had successfully battled cancer three times since he was diagnosed and was cancer-free. Unfortunately, the chemotherapy weakened his immune system and he died from a fungus that attacked his brain.
SOURCE with Pictures
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 Thursday, June 14, 2012
CBI / ECONOMY
Deputy Central Bank Governor: There are blurred in the understanding of partnership with the Government of the Central Bank
Banker: There is a huge financial liquidity of banks in all but ignored government
The Central Bank of the project to delete the zeros need to be concerted efforts by the government and parliament.
The central bank gives private banks 250 thousand dollars a week to sell directly to the citizens
"Free" you get a letter from Talabani to the leaders of the claimants to withdraw confidence from Maliki
Moqtada al-Sadr to telephone and Zuhairi Maliki confirms that the crisis is on its way to the solution!
Urgent. Reported a telephone conversation this afternoon between Mr. Sadr and
Allow oil to Iraqi companies implementing projects
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 - June 14, 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#