*Misc Gurus 9-26-2014

[Vixen]

9-25-2014 *tman23 ~SO, The General Secretary Council of Ministers call for today (Thursday) to be a public holiday in Baghdad in honor of...martyrdom of AL- Imam, Mohammed al-Jawad. But records show that the death of Jawad was the 29th. So the question to ask is...Why today, Why a 2 day notice to observe? IMO there is oh so much more to this.

9-25-2014 *Enorrste ~Article: "Economists are demanding action against the Central Bank to intervene and call for respect for its resolutions" [Shabibi's statement:] "the process of deletion of zeros is not an economic process, so it does not affect inflation," explaining that "what affects inflation is monetary policy, and that the deletion of zeros does not fall within the monetary policy, which is not of their tools." When Shabibi says that the removal of the three zeros is not an "economic process" he is simply saying that the actual removal of the large notes from circulation has nothing to do with "economic policy". He is quite specific in this regard, because he says that the removal of the notes themselves is not one of the "tools" of the CBI monetary policy. Monetary policy is driven by two tools essentially: the money supply itself, and raising or lowering of interest rates. Through either of these the CBI can affect growth monetarily. However, the removal of the three zero notes, in itself, is NOT a part of their monetary policy. Therefore, this has nothing whatsoever to do with a LOP. To further prove the point, all we have to do is read this quote from the article itself: "He continued by saying, 'It was supposed to be a project to raise zeros culmination of the efforts of the Central Bank, to put us in front of the completion of a historical era important in the monetary history of contemporary Iraqi," Clearly a LOP is not a major historic event. Countries have done it many times over with no appreciable effect worldwide. However, THIS project is different in that it will put Iraq at the "front" of the line, so to speak. In short, this article has nothing to do with a LOP while at the same time re-affirming what we already know: that the removal of the three zero notes will lead to a major rise in the value of the dinar.

9-26-2014 *Mnt Goat ~this week Iraq sessions once again did not get the needed votes to confirm the last of the few ministers. I am hearing this is once again on the agenda for next week along with the first of the readings on some new laws, treaties and reforms dealing with the economy and financial reform list. Remember also we were told 4 years ago there would be no RV without the Erbil reforms. This still holds true. Many of these past Erbil reforms are now part of the 27 reform list. The latest of the reform is scheduled to be completed by February of 2015.Some say the RV has already happened. I do know for a fact it has happened on paper but the impact is minimal and is being withheld globally due to this new terrorist attacks and the instability it has brought to the region. To what extent does ISIS have to be controlled in Syria and in Iraq to allow economic and financial stability to blossom in Iraq? I believe they will meet this criteria when the Iraq government is completed (more stability) and is able to perform the defensive and security measures needed to secure the boarders of Iraq (more stability) on their own. Then we have a real good shot at seeing this RV.Summary: We continue to wait once again for the controversial ministers to be seated...the Defense and Security ministers...I am told there is very good possibility this could happen in next week’s sessions in parliament along with possibly the budget being voted on. I think the 2014 budget is being held hostage until these ministers are seated. Let us also not lose sight of the 27 demands as part of their Unity Plan (unification of the three major secs) now in progress. Many of these economic demands have a 1 month implementation timeline so we could see much progress by mid October in this area. Then when can we expect the RV? ...we wait for a formal (global) announcement to the public that the Iraq government is now fully formed and seated...this final announcement of the IQD going international will not happen until the USA feels the country of Iraq and its government is stable, non-sectarian and is a functional government. This is has been the plan all along.