UU8099 – “What – No RV for 5 more years?” by Mnt Goat

Hi Everyone,I come to you today to share my recent findings and give you an update on the progress of the new government and how this relates towards the international rollout of the IQD for Iraq.

Today’s news letter, as in all my news letters, is a continuation of the ongoing saga of the IQD RV process. Please refer back to my last news letter of 10/27  as this news letter is a continuation of this news.

Today’s News

Today is Wednesday 10/29 and Iraqi progress has been moving forward but still no RV. However  I am told there is a definite completion target for Oct 31st  and/or the coming days ahead.

There is also rumor it may  be shifting to yet another window of mid November for RV completion. So which is it? Could this all be smoke and mirrors?

I am hearing from Iraq CBI and the USA contacts that the needed reforms are all done to satisfaction of everyone and all the parties. I am trying to verify this with some of my other sources just to make sure.So what is the holdup? I am hearing there is absolutely no holdup. There is a very good window for the RV coming up this weekend. Not much more I can say on this. I do not like to predict dates but this is what I am now hearing. It is coming across to me very strong and clear.

Maliki Saga Strikes Again
Scene 1 – Source said that  prime minister Abadi angry by the recent actions of  first vie president Maliki’s  to expel some of the leaders of the Dawa Party namely in the provinces because these leading figures gave confidence to Prime Minister Haider al-Abadi, to form a government in early September.

So in response to Maliki’s actions, Abadi’s  called on the leaders of the Dawa Party secretary general to choose a substitute for the leader of the coalition of law and Vice President Nuri al-Maliki .

In return Maliki called for Abadi to step down.

Scene 2- This week we heard that the newly confirmed Interior Minister Mohammed Ghaban ordered to investigate all officials who instigated the deal of the defective explosive devices. Do you remember this bit of corruption.  I spoke if it many times already and it impact.

This included senior agent for Ministry of Interior Adnan al-Asadi. As you may know al-Asadi was the proxy minister and was never confirmed into office. This would make Nori al-Maliki at the time fully responsible for his actions since he headed the council of ministers at the time. They also have files that directly implicate Maliki as the instigator in this matter.

Maliki knows if any proceedings begin in this matter and are made public he too will be implicated along with all involved. So now as the  First Vice President, Nuri al-Maliki is threatening to withdraw from the current government if this investigation does not stop.

A source close to the vice president said, ” Maliki sent a strongly worded letter to the head of the current government Abadi,” and threatened “him to overthrow his government and removal of Abadi as prime minister if  this investigation and implicating of al-Asadi does not end.

The source added that “Maliki warned Abadi to the existence of an agreement under which the formation of the current government spends not to prosecute 25 figure close to the former prime minister and not to bring any charge to them in exchange for his withdrawal from the presidency Minister. ”

The Inspector General of the Interior of the Ministry of the former governor of Karbala currently Aqeel Turaihi confirmed the involvement of officers in a deal to import explosives detection devices, which proved to be counterfeit.

So what is really going on here in these two scenes of this ongoing saga?

1.      This article just confirmed to us that Maliki did construct and accept a deal with the new government in return for immunity along with 25 more of his goons. This is why he got the VP position. Sad to say.

2.   Question now is – Are they getting ready to clean house and go after Maliki and his goons regardless of the immunity deal?  Do they feel they are now seeded strongly enough with support in this new government that they can afford to take this risk? Or will they back off with the Maliki threat?

I think they are about to deal with Maliki and his goons. Immunity will not save any of them.

The Federation Council
Two articles come out the very same day (Tuesday 10/28) that are giving us hints that the Federation Council is about to be announced. We have been waiting for this a long time.

A parliamentary source told all of Iraq in their news that Aldenbos is sworn in today (Tuesday 10/28) as substitute for Iyad Allawi, who took over the position of vice president in the House of Representatives seat. So where is Allawi going?

The other article is telling us more about the Federation Council, something that has been out of the news lately. Since Maliki is gone I noticed they are now using the new term for the council openly, calling it the Federation Council and not the Provincial Council. Could it be they are prepping the people for it?

National Alliance MP Mohammed al-Shammari, said the Federation Council, the law will contribute to solving the differences between the local governments of the provinces and federal, will address the problems of corruption and inefficiency in government.

He continued that “the Federation Council will feature many of the characters, which are representative of the provinces, as well as the conditions that he would discuss the political and economic aspects of the country.” He explained that “the law of the Federation Council will serve as a link between the local and federal governments, to resolve all outstanding problems”

Hurry !

Ongoing 2014 Budget Saga
The budget did not make it to parliament for the Tuesday 10/28 session as promised. The reading of the bill was taken off the agenda. We were not given a firm new date. The needed changes were not yet ready.

I am hearing the budget will be ready and will be sent to parliament early next week and will be on the agenda at that time in the next session. How many times have we heard this already? Is something going on here?

Remember, as I said many times. The budget is dependent on the RV and the RV is not dependent on the Budget being opened. The RV will happen even if the budget is not ready.

Would they need an RV prior to opening and spending the Budget? You would think they would but they could spend at the old rate and mess it all up again as they have done many times in past years. Will this time be any different?


So today I send you an update of the latest news I am hearing. It is just where we want to be at this time. In fact there is an excellent window of opportunity to see the RV in the coming days, not weeks. This is by far the best place I have ever seen this investment in the 10 years I have been following it.

However, in conflict with this good news I am also hearing they are now looking at a new target RV date of mid November. Very confusing. I take this just as a rumor for now.

Also there are  two articles published by the Iraq finance committee today that they are now going to postpone the RV for yet another 5 years. What? How can they possibly do this? If you have been reading my latest couple news letters you can understand that this makes absolutely no sense at all.

I find this terribly hard to believe and this message today has to be smoke and mirrors just before they pull this RV trigger. They did the same strategy just before the Kuwait dinar revalued and I believe they are doing it now with Iraq. So I will turn this news around and say it may very well be excellent news.It is all confusing but some have told me at the very end it will be very confusing and the plan is to put out many conflicting news articles. My contacts are also all still saying possibly this weekend or prior is an excellent window to see the RV.

Here are the articles –http://www.iraqinews.com/features/iraqi-dinars-project-postponed-5-years-says-central-bank/


Iraq has usually been painting a rosy picture to the press so far and has been very optimistic when it comes to the RV. So why all of a sudden do we see this complete turnaround today? Not just in one instance but in five (5) different instances this week so far.

I mentioned four of them already in this news letter so far and the fifth I believe is the saga of the 2014 budget. They are once again trying to get us on this merry-go-round they have put us on over this 2014 budget. Just how many times is the Finance and CBI going to work on this darn budget.  How many times are they going to update it?

We witnessed once again the postponement of getting it to parliament this week. It was supposed to be read in Tuesday’s session. So I am not buying this one anymore either. Besides my contacts are now telling me it too is all done and has been read twice and voted on.

Then when can we expect the RV?

I believe we are in a rare opportunity and window like never before. In the coming days we should expect the RV.

PS- also Happy Halloween to everyone in USA !

Peace and Luv To Ya All,

Mnt Goat

Leave a Reply