News, Rumors and Opinions Monday PM 9-21-2020
KTFA:
MilitiaMan: Notice how they take an article and make it look terrible and yet it is a gem.. The citizens want what we want and then some. They want PP, jobs, clean water and fresh food, 24/7 electricity, internet, investments, etc..
We see that the 2020 budget has been the main focus these last few days. Even yesterday it was sent back to the FM as "" paragraphs were needed to be added.
One might wonder what that is all about? My view, is they want the rate associated with the budget which I believe maybe the 2019 FMLA.
We today see two things. Barzani saying something in respect to help the citizens was needing to be verified and it was today. Verification was given. Just as the 2020 is in motion, yet, being held close to the chest. Why do that if it wasn't to protect the rate?~ MM
MilitiaMan: Then we see the HoR gets the budget for 2020 back in the house with paragraphs added so it appears. Well, what are the paragraphs about? I am not totally sure, but, hoping it is what we think is so sensitive that they don't spell out openly, just yet being a rate..
Is it possible the clue is in what Barzani is saying , "nothing has been verified until today", the key phrase of a life time, lol? We shall see. imo I am thinking things are still very good.!!
The private sector is ready now!!.. imo This is very bullish for us, as if they are ready for the private sector and investors, then they need an internationally accepted and tradeable currency.. imo ~ MM
The back and forth with the 2020 budget and then with paragraphs added, along with the Kurds ready for the private sector and investors all based off verifications today?.. Yes, looks as though things are coming along just fine, painfully so? Sure.. lol !! imo ~ MM
They are known for starting out with the bad and end with the good in articles as we see again today. We all know that the plan is for the best!! imo
The article today about the best, is actually a good article if you look at in terms of propaganda. They expect most will not read the whole thing an throw up their hands, as they lead off with negative devaluation wording.. etc.. imo It is a very common practice even in western media..
So look at it like this Barzani has stated, they are ready for the private sector and investors to come in. That is the best method to fix the crisis the country is going through. Those paragraphs in the 2020 budget just may have the best method in mind, as in the rate or terms that are needed for the likes of Siemens and General Electric, Spanish investors, private sector, etc,.. imo ~ MM
There is no doubt they are gearing for the expansion and reconstruction of the Port of Faw and the country for that matter. The place is going to be a mecca for the area again one day. Now is the time to get started and they need the rate to facilitate the mechanisms to do so.. imo
The 2020 imo holds the cards from the 2019 FMLA that seemingly gets lost in the 2021 thinking. imo, Until they complete the 2020, I am not past it. If they show that they were able to borrow the last three months of the year salaries and from where and at how much the terms are at, then i'll be happy to look for the 2021 data.
Until then the articles yesterday tell us directly that the terms were not allowed to be spoken about. Why if it is to be at a program rate? Makes no sense to me.
Now if the paragraphs that were needing adjusted, corrected, etc., were to be done because of a program rate so be it, but, why all the hiding this far into the year? Why is Barzani saying at the same time that he has verification today? ~ MM
1) 2019 FMLA has not been disclosed inside the 2020.
2) The 2020 budget this far into the calendar year is yet to be exposed.
3) The 2021 will need all budgets to be sorted from the past. It will be different in that it is for 3 years.
4) White papers are not exposed and are late. Could be exposed at anytime Kadhimi sees fit.
5) The PM gave the green light to the CBI GOV for direct implementation. No delay.
6) Barzani has verification from Kadhimi today in respect to past meetings in the region.
7) Laws for investors and maritime being from and center in parliament. Again all today noted.
imo ~ MM
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Courtesy of Dinar Guru
Jeff ...everything is looking really good right now but everything that...has to do with money nothing has been started yet. Why? What are we waiting for here? It's Iraq's economics and really the movement of money. It's a game of dominoes...the first domino that has to fall is that the rate has to change. That's what they're showing you. The rate has to change. Kurdistan and Baghdad can't even reach their agreement, they can't even start the approval process of the 2020 budget, they can't even approve the reforms, they can't even start those 8.2 billion dollars worth of agreements...it's a game of dominoes waiting on the rate change...I'm excited right now. I really do feel this is the perfect storm. This storm could not be more perfect for Iraq to actually change the rate...everything that has to do with money is literally on standby/on hold. It's waiting for something...
Jeff ...They can't change the rate when they have thousands of corrupt figures in the government. There's no way in heck they can allow the rate to change when they have to arrest well over a thousand people. That's too much. Arresting that amount of people they have to delay the rate change...That's most likely the reason why the rate change has been delayed...The fact that they told you they made these arrests should tell you...they're pretty much at the end of dealing with corruption. They probably just have a little bit more to go...
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