The IQD Team
Investigate, Question & Deliver
Tuesday, May 22, 2012
Highlights/Summary & Replay of Conference Call
Theme: Shabibi Speaks - We Listened
Conference Call Replay - May 22, 2012
Download/Playback
or
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 of the comments made about the CBI articles tonight...
Shabibi spoke...we should listen....he's talking about the oil industry and the private industry - He's talking about the oil revenues - he talked about the government growing too fast -when he talks about the government growing too fast he means that the government is employing 40% of the population - The private sector is struggling
he needs the private sector to be healthy and he needs it to add to his economy...Why is that? He knows and wrote his doctorial thesis on Emerging Countries with Oil - He understands what needs to be developed here....he understands what they need to go forward
he understands that the oil industry is Huge....
We've talked about it before - He is talking about it now in very certain terms that he is very much wanting the private sector to grow
- its where the growth needs to come from - One of the best thing about this article that one of our great listeners pointed out and we agree - I want you to think about this statement
"Oil sales dominate Iraq's economy and government revenue, bringing in $8.8 billion last month, the highest figure since 1989... ...The country currently produces more than three million barrels per day, but is looking to increase this figure dramatically in the coming years."
They are pumping more oil than they ever have.....What was there value in 1989? It was $3.22 - Now if they are pumping more oil than they ever have how undervalued is there currency right now? Shabibi speaks..we listened...
What is he telling us here?? He's telling us he's pumping revenues he hasn't seen before - He's happy with the oil revenues - he wrote the book on this - they need to develop the private sector - for people who think this isn't going anywhere - - that there is nothing here - That statement says it all!!!! JUST THINK ABOUT THAT.
Theres alot of value to add to this currency - he knows it - he knows he needs some things in place
The government had asked him a few days ago to come down and see whats going on so they could be in conjunction- they could start asking for what they both need - They want some information on the currency and the lifting of the 3 zeroes - Shabibi said Thats fine and dandy - but he wants them to give him the private sector - get your oil sector working so that I know that the $8.8 billion that is coming in is going to be consistent and its going to go - I wrote my paper on this - I know what we need to do to survive and that is letting the private sector in - they have a ton of things going on in the private sector and they need to pass laws to make it easier for people to come in - he's talking about people coming into work and they can't stay because they can't get these jobs to the people - they are not qualified...they need to bring in trainers...you have to let foreign people come in and work
You need people to train these people and they need to adjust the laws to make sure that they can do that - Politicians think that if you employ everybody there that you will be able to do that and do well at it
GREAT ARTICLE....WOW
The return of the dinar to trade after the global coverage by $ 62 billion
Economist said that the dinar returned to the circulation of a new global financial markets for covering a cash reserve of 62 billion dollars. Said economist at the Ministry of Finance Crescent Taan to increase oil production and rising gross national product of Iraq ahead with great support of the Iraqi dinar, which granted the power to enter into international capital markets for trading .
He said the Iraqi currency began to thrive again after decades of deterioration due to conditions in Iraq that passed late last century. And a website economically U.S. began trading dinar, along with other global currencies.
Thats huge......WOW........The articles have been forming a great plan...We've talked about the 6 month plans....Dr. Shabibi coming out and speaking that he needs the private sector to develop and he needs laws...talking about tourism...talking about people getting involved with the banks....talking about recognition for the currency now......Why would you do this for a currency that is worthless? That is the question of the day? Why would you do these things if you have no plans to do something in the near future?
The point is that of all the things we have read tell us so many important things - going thru the news articles daily to try to get a clear picture of where they are going - you have to go thru everything to get a clear picture - weed thru the good and the bad articles....they won't tell us a date or a rate but what they are telling us is they are getting ready to set this currency up to be recognized....to be something special....to be a currency...they are not going thru these motions to screw the world - You can really get a clear picture of whats going on by taking your time and reading the news...those that say don't read the news you just don't get it.......We get it from the news to get the direction they are moving in...
There was so much great news tonight.....The political news is percolating and we are waiting for the final outcome...To me the CBI came out and it is clear are very happy with everything and they way things are going underneath - He's not going to move forward until he feels there is an ending to this political crisis...
when I hear people say it is not about the political process..look at what Shabibi said today....he told us he needs legislation...thats the political process....there needs to be more private sector jobs than there are government sector jobs now.....thats not going to work....he wrote his thesis on his - he needs people to understand what he needs to get this moving forward..........He's telling us what he needs..........He is telling us how important the oil and gas is to his economy.....it is extremely important that we all figure it out and know it and understand that these are the things he was waiting for to be done - had he had these things done I think he would have moved alot quicker - He has NOT stopped moving forward and they are getting things done....
Single Window System......Great Article....even more great information about what Shabibi spoke about.....listen to the call for the discussion of this article...great discussion
ALL GREAT INFORMATION FROM THE CBI tonight
RECAP
Theme for tonight Shabibi Spoke...We all listened...just like E F Hutton......Its not unimportant when Shabibi speaks...He speaks very little...He is the Mastermind and the Brain...Shabibi is the head of the Central Bank....even when he says very little he says alot.....you have to glean thru what he had to say about the economy
Shabibi spoke today...he told us 8.8 billion dollars last month in oil revenues - they have more oil revenues than they did in 1989 - Remember in 1989 their currency was worth 3.22 - leaves their currency way undervalued just on oil revenues alone
He spoke about how important it is to reactivate the private sector because the private sector needs to open up - they have 40% of the jobs in the government - Instead of expanding the government they need to make sure the private sector expands.
What he is doing for the currency is attempting to have his banks sell currency to take away that job from the street vendors so the street vendors can get themselves stabilized - so he doesn't have these wild fluctuations because the banks will help set those rates and they will come to him and they will get all of those customers name - they will be able to have better control over it....
Absolutely wonderful - we want to see that happening - want the banks to start getting investments - they want to get things going - they want all of these people that they need to have employed - we discussed that - We discussed the one window system - the banking system will employ alot of people
And Dr Shabibi knows it so he needs the legislation passed to give these banks permission that they need
Maliki is still in alot of trouble - we are waiting to hear whether it is a Vote of No Confidence or whether he is going to capitulate
we know now he has about 2 more yrs left in his term- kinda gives you the perspective they are going to do something now or they are stuck with him for an awful long time - so we really want to keep in eye on this for the next couple of days - We are coming to an end with that
Obviously Shabibi coming out - he's starting to feel better about the political situation so that means there must be an end to the means
We talked about the Finance Commitee wanting a plan for the zeroes - Shabibi will give them that
Again Its more important to get the private sector up and running - let Shabibi revalue the currency - then they will figure out what they are going to do with the removing of the 3 zeroes - kinda the process we are looking at
Talabani put out Social Security Act to the House of Representatives
and the Oil & Gas Law is looking good
All these things will create jobs in the private sector
and funny these articles are out there today on the same day Shabibi spoke - Theme for tonight Shabibi Spoke...We all listened...just like E F Hutton
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 Tuesday May 22, 2012
CBI / ECONOMY
Central Bank Governer: Iraq must pay more attention to non-oil sector
Mechanism for the inclusion of all the provinces of the Central Bank auction
The return of the dinar to trade after the global coverage by $ 62 billion
Rafidain and Rasheed Abien dollar to consumers at the price of 1189 dinars
Single window and finance contribute to activating the investment
Central Bank Governer: Iraq must pay more attention to non-oil sector
GOVERNMENT
Official: Three major blocs to discuss retaining Maliki tomorrow
Financial representative recommends the central bank to provide a formal feasibility study of the deletion of zeros
Talabani transmit the Social Security Act to the House of Representatives for a vote
Atmosphere is appropriate to legislate oil law, says parliamentary committee
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 - May 22, 2012
Download/Playback
or
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#
Investigate, Question & Deliver
Tuesday, May 22, 2012
Highlights/Summary & Replay of Conference Call
Theme: Shabibi Speaks - We Listened
Conference Call Replay - May 22, 2012
Download/Playback
or
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 of the comments made about the CBI articles tonight...
Shabibi spoke...we should listen....he's talking about the oil industry and the private industry - He's talking about the oil revenues - he talked about the government growing too fast -when he talks about the government growing too fast he means that the government is employing 40% of the population - The private sector is struggling
he needs the private sector to be healthy and he needs it to add to his economy...Why is that? He knows and wrote his doctorial thesis on Emerging Countries with Oil - He understands what needs to be developed here....he understands what they need to go forward
he understands that the oil industry is Huge....
We've talked about it before - He is talking about it now in very certain terms that he is very much wanting the private sector to grow
- its where the growth needs to come from - One of the best thing about this article that one of our great listeners pointed out and we agree - I want you to think about this statement
"Oil sales dominate Iraq's economy and government revenue, bringing in $8.8 billion last month, the highest figure since 1989... ...The country currently produces more than three million barrels per day, but is looking to increase this figure dramatically in the coming years."
They are pumping more oil than they ever have.....What was there value in 1989? It was $3.22 - Now if they are pumping more oil than they ever have how undervalued is there currency right now? Shabibi speaks..we listened...
What is he telling us here?? He's telling us he's pumping revenues he hasn't seen before - He's happy with the oil revenues - he wrote the book on this - they need to develop the private sector - for people who think this isn't going anywhere - - that there is nothing here - That statement says it all!!!! JUST THINK ABOUT THAT.
Theres alot of value to add to this currency - he knows it - he knows he needs some things in place
The government had asked him a few days ago to come down and see whats going on so they could be in conjunction- they could start asking for what they both need - They want some information on the currency and the lifting of the 3 zeroes - Shabibi said Thats fine and dandy - but he wants them to give him the private sector - get your oil sector working so that I know that the $8.8 billion that is coming in is going to be consistent and its going to go - I wrote my paper on this - I know what we need to do to survive and that is letting the private sector in - they have a ton of things going on in the private sector and they need to pass laws to make it easier for people to come in - he's talking about people coming into work and they can't stay because they can't get these jobs to the people - they are not qualified...they need to bring in trainers...you have to let foreign people come in and work
You need people to train these people and they need to adjust the laws to make sure that they can do that - Politicians think that if you employ everybody there that you will be able to do that and do well at it
GREAT ARTICLE....WOW
The return of the dinar to trade after the global coverage by $ 62 billion
Economist said that the dinar returned to the circulation of a new global financial markets for covering a cash reserve of 62 billion dollars. Said economist at the Ministry of Finance Crescent Taan to increase oil production and rising gross national product of Iraq ahead with great support of the Iraqi dinar, which granted the power to enter into international capital markets for trading .
He said the Iraqi currency began to thrive again after decades of deterioration due to conditions in Iraq that passed late last century. And a website economically U.S. began trading dinar, along with other global currencies.
Thats huge......WOW........The articles have been forming a great plan...We've talked about the 6 month plans....Dr. Shabibi coming out and speaking that he needs the private sector to develop and he needs laws...talking about tourism...talking about people getting involved with the banks....talking about recognition for the currency now......Why would you do this for a currency that is worthless? That is the question of the day? Why would you do these things if you have no plans to do something in the near future?
The point is that of all the things we have read tell us so many important things - going thru the news articles daily to try to get a clear picture of where they are going - you have to go thru everything to get a clear picture - weed thru the good and the bad articles....they won't tell us a date or a rate but what they are telling us is they are getting ready to set this currency up to be recognized....to be something special....to be a currency...they are not going thru these motions to screw the world - You can really get a clear picture of whats going on by taking your time and reading the news...those that say don't read the news you just don't get it.......We get it from the news to get the direction they are moving in...
There was so much great news tonight.....The political news is percolating and we are waiting for the final outcome...To me the CBI came out and it is clear are very happy with everything and they way things are going underneath - He's not going to move forward until he feels there is an ending to this political crisis...
when I hear people say it is not about the political process..look at what Shabibi said today....he told us he needs legislation...thats the political process....there needs to be more private sector jobs than there are government sector jobs now.....thats not going to work....he wrote his thesis on his - he needs people to understand what he needs to get this moving forward..........He's telling us what he needs..........He is telling us how important the oil and gas is to his economy.....it is extremely important that we all figure it out and know it and understand that these are the things he was waiting for to be done - had he had these things done I think he would have moved alot quicker - He has NOT stopped moving forward and they are getting things done....
Single Window System......Great Article....even more great information about what Shabibi spoke about.....listen to the call for the discussion of this article...great discussion
ALL GREAT INFORMATION FROM THE CBI tonight
RECAP
Theme for tonight Shabibi Spoke...We all listened...just like E F Hutton......Its not unimportant when Shabibi speaks...He speaks very little...He is the Mastermind and the Brain...Shabibi is the head of the Central Bank....even when he says very little he says alot.....you have to glean thru what he had to say about the economy
Shabibi spoke today...he told us 8.8 billion dollars last month in oil revenues - they have more oil revenues than they did in 1989 - Remember in 1989 their currency was worth 3.22 - leaves their currency way undervalued just on oil revenues alone
He spoke about how important it is to reactivate the private sector because the private sector needs to open up - they have 40% of the jobs in the government - Instead of expanding the government they need to make sure the private sector expands.
What he is doing for the currency is attempting to have his banks sell currency to take away that job from the street vendors so the street vendors can get themselves stabilized - so he doesn't have these wild fluctuations because the banks will help set those rates and they will come to him and they will get all of those customers name - they will be able to have better control over it....
Absolutely wonderful - we want to see that happening - want the banks to start getting investments - they want to get things going - they want all of these people that they need to have employed - we discussed that - We discussed the one window system - the banking system will employ alot of people
And Dr Shabibi knows it so he needs the legislation passed to give these banks permission that they need
Maliki is still in alot of trouble - we are waiting to hear whether it is a Vote of No Confidence or whether he is going to capitulate
we know now he has about 2 more yrs left in his term- kinda gives you the perspective they are going to do something now or they are stuck with him for an awful long time - so we really want to keep in eye on this for the next couple of days - We are coming to an end with that
Obviously Shabibi coming out - he's starting to feel better about the political situation so that means there must be an end to the means
We talked about the Finance Commitee wanting a plan for the zeroes - Shabibi will give them that
Again Its more important to get the private sector up and running - let Shabibi revalue the currency - then they will figure out what they are going to do with the removing of the 3 zeroes - kinda the process we are looking at
Talabani put out Social Security Act to the House of Representatives
and the Oil & Gas Law is looking good
All these things will create jobs in the private sector
and funny these articles are out there today on the same day Shabibi spoke - Theme for tonight Shabibi Spoke...We all listened...just like E F Hutton
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 Tuesday May 22, 2012
CBI / ECONOMY
Central Bank Governer: Iraq must pay more attention to non-oil sector
Mechanism for the inclusion of all the provinces of the Central Bank auction
The return of the dinar to trade after the global coverage by $ 62 billion
Rafidain and Rasheed Abien dollar to consumers at the price of 1189 dinars
Single window and finance contribute to activating the investment
Central Bank Governer: Iraq must pay more attention to non-oil sector
GOVERNMENT
Official: Three major blocs to discuss retaining Maliki tomorrow
Financial representative recommends the central bank to provide a formal feasibility study of the deletion of zeros
Talabani transmit the Social Security Act to the House of Representatives for a vote
Atmosphere is appropriate to legislate oil law, says parliamentary committee
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 - May 22, 2012
Download/Playback
or
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#