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Thursday, May 19, 2016

Wednesday Night KTFA CC Notes 5-18-16  Part 2

Part 2:
 
Frank26:  Try to understand…..you see I have to use my words carefully…..doesn’t that sound condescending….doesn’t that sound more like rah…rah….rah….actually what I am trying to say…..is dear beautiful Family of mine….

KTFA Family we all need to understand that the GOI cannot increase the rate…..please write that down….please understand that the GOI cannot increase the rate….but….but…but the FINANCIAL AUTHORITY within the GOI will monitor the fact that the CBI and the GOI are about to allow this to happen…..why…..

Because it seems like it did happen….or it has happened and just hasn’t been told…..because they gave them the loan and one of the qualifications was to lift the value of their currency….and all of this was to be done by the end of when…..March….so when March the 28th came around they told them you got 30 days.
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The final approval…..the final approval….who said that…..well it is technically if they got the loan it’s a final approval from the international community that are inside of these committee meetings….therefore it took three months of negotiations for the currency reform to finally be ironed out….and prove that the math is right….alright…..really….IMO.
 
So the IMF says back in December…..Iraq we are going to help you with loans because they don’t have any money….you have to get it done before the end of the first half of next year….all of this is making sense…..and they said we will help you because we will give you loans to launch what you are about to do…..that is to lift the value of your currency.
 
Just because you lift the value of your currency….big deal….you need profits….just because you have the Iraqi dinar in your hand….big deal….you need capital gains….it’s going to take time for them to make a profit……a few months….a few months…..let me see how many…..

Frank says it takes like $3.5 billion….counting out loud…..they reduced it from $16 to $13 billion….they gave them just enough for a few months didn’t they…..yeah….

IMO….JUST ENOUGH TIME FOR THE RV TO EXPLODE FROM 1 TO 1 TO WHAT THEY NEED BECAUSE THE BARREL OF OIL IS IN POSITION TO DO SO……

I’m laughing because it all makes perfect sense…..you do this…..we do this…..let’s do it fast…..hey….let’s get it done in the first half of this year.
 
Did you really do the requirements of the IMF Iraq….is that what Dr. Shabibi is going to tell us about too…..did you really do that….because they confirmed that you go the loan today…..did you really do this……hey by the way did you really modify your budget….you really are modifying your budget aren’t you…..lift the rate….do the budget….raise the taxes and tariffs….you son-of-a-guns….why did you have to wait until Dad got home.
 
Hang on….I’m just curious about what you are posting…..how exciting….is this why Sadr has been so quiet….yep…yep….IMO….we actually shut him up….this is huge…..it is bigger than Monday….but you see it is the evidence….we just are not seeing the evidence…..it is the shadow of the evidence…..how is that…..what they did is casting a shadow of what they did…that is what we see….the shadow…..

Hot dog that was good…..it is a master plan….yes it is…..Frank are you going to talk about Rafadain Bank and the coins….I already did….two weeks ago…..we already told you….look we told you the LD’s were moved….now they are telling you the coins….and it is a coin….A ONE DOLLAR COIN….WHAT ARE YOU DOING WITH A ONE DOLLAR COIN AT 1166…..how much is that worth…..ah…..it’s not worth anything….you actually owe me like $1.27…it is a negative figure man and you are trying to give ONE DOLLAR COINS OUT……come on man…..AT 1 TO 1….THAT WOULD BE ONE DOLLAR….wow.
 
So the FINANCIAL AUTHORITY….this is a word you have to tattoo somewhere….the FINANCIAL AUTHORITY within the GOI has authorized the CBI….through the financial committees of the GOI to determine the new exchange rate and to follow through with it….because we got the loan….

And I’ll tell you another thing….IMO…..you wouldn’t have gotten the loan if you hadn’t followed through with it….so you are about to tell us that you followed through with the IMF requirements.
 
By the way WalkingStick has a lot of stuff to give you but he’s shutdown….I also want to commend the three musketeers (Backdoc, Thunderhawk and Mountainan) ….I was going to talk about it….but this is more important….three musketeers would you please continue to bring the evidence of what Iran is doing…..I call them Siamese twins…..

If Iran moves its right hand….Iraq moves its right hand….so if Iran is doing certain things for its financial reforms….IMO….Iraq is doing them in a synchronized manner….because IMO….Iraq knows Vietnam and Indonesia and a lot of places are not going to wait for them in the basket….they know that now…..I know….I know that intel changed…but hey….it is not a straight line.
 
You know that last sentence that I made…..I hope Aggiedad makes these notes….that last sentence that I made….I don’t think I could do that again…..let me see if I can….

The FINANCIAL AUTHORITY in the GOI have authorized the CBI through some financial committee meetings within the CBI to determine the new exchange rate and to follow through with it…..I did do it.
 
Old timers….we need to talk….do you remember the Minister of Finance….do you remember the Minister of Planning….do you remember when they turned to the GOI and they said do you have your budget….yeah….what do you want….and they said $1.13….and they said no it has to be at least $3.2103 and then everything was just shut down….

I want you old timers to remember the Ministers of Finance and Planning….this is what was so important….at that time Dr. Shabibi was the governor of the CBI and he was putting out articles that were saying….I’m about to lift the value of our currency…..I got all those articles….he was even laying out what he was doing with the currency….the new currency….

How long it would be out and such….they weren’t talking about no bonds….they weren’t talking about any of that stuff back then…..they were going to come out and raise the value of their currency….and then Obama and Maliki decided….no we have to leave Iraq and for three years it went to heck…..well guess what Dr. Shabibi said in the article that I have….guess what Dr. Shabibi said….he said….listen Ministers of Finance and Planning….we understand what it is that you want….but we need the budget to launch itself at $1.13 or $1.14 in that ball park….and within three years of that time that you do it the FINANCIAL AUTHORITY will be called back and they will then take our rate up to $3.00….

Allak said this AUTHORITY is working very hard to allow these meetings to work in the last three months….the exchange rate that the IMF is guiding Iraq to change because they got a loan…..to me tells me that they have accepted everything they have negotiated in these meetings….therefore they….IMO…..have qualified for the IMF loans.
 
The financial reforms….if you follow everything I just up to the very end what was going to happen in three years with the FINANCIAL AUTHORITIES….THE FINANCIAL AUTHORITIES are back now.
 
You know…the IMF says fine you qualified…..if you had to buy a house you would go to the bank and you would have to qualify with your credit rating….what happened to their credit rating Family….you have to show them you have collateral…that you have reserves…you know what I mean…..

The IMF says….Iraq in order for us to help you in the first half of 2016 you have to lift the restrictions on your currency….they did not say you have to revalue your currency….see that….the lifting of the restrictions are in the RI state….they are soon to walk into the RV….but even when they do….they don’t have enough money still…..and I think the FINANCIAL AUTHORITY is going to kick it in there to get it started….at least at 1 to 1….close enough to $1.13….$1.14.
 
By the way,  the IMF says to Iraq…..listen Iraq….this loan we are about to give you so you can get by for the next month….we aren’t giving it all to you at once…we’ve learned with you guys….this loan is under your funds, but it is under our control…..we are only going to give you so many billions for the next three years.
 
The reason why the IMF is willing to give these loans now Family is because they will be used to build the infrastructure of Iraq….this money….these loans it is not for the GOI….this money is not for the CBI….they got their own money….that is why they have bonds and that is why the CBI is lifting the value of their currency.
 
You know what those loans are for…..let me tell you the first chunk….$3.0 billion or whatever….it is being wire transferred to many areas in Iraq where the economic reforms are about to be launched…..because you see they got the loan because IMO they were doing something that they were supposed to do with their currency…so now they have the loans for their infrastructure…..

So hopefully they have qualified or they are about to tell you they are lifting the value of their currency so they have money to launch the RV…..and this money isn’t even for the GOI or the CBI….it is being wire transferred straight to the provinces….to the areas that need the economic reforms…that is why we needed all these banks….the BBB banks…the banks of Dr. Shabibi….

There is one more thing it is going to do….it is also for the deficit of Iraq….oh and it is also for the credit rating…which is good….and it is also to deal with a letter of credit too by the way.
 
All honor and glory to our Father……you do not find this on any other conference call and you know that.
 
Yes the money is being sent to different provinces….different areas…in fact Kurdistan is getting a nice chunk of it….but it is mainly to displace ISIS and DAASH in the Kurdistan region….and the IMF will monitor every penny….because to the penny this loan does not belong to the GOI or the CBI…..it belongs to the economic reforms….because many other reforms have been funded because the math was right…..thank God it is full of stars.
The CBI announced that this loan is a done deal…..wow….

So a lot of things I said are not really my opinion are they….well they really are….all of this is IMO…..the CBI announced that this loan was a done deal and they told the citizens on Iraqia TV in their language….it means that Iraq has fulfilled all of the IMF requirements….and they are about to lift the restrictions on their currency and add value to their LD’s and coins.
 
By the way…..I want you to know they are not going to get this loan…..WHAATTT…..I didn’t finish it….they are not going to get this loan until sometime in June or July….that is when the first half of the year ends.
 
Lifting the rate was negotiated for three months Family….because both sides are desperately wanting for the rate to come out….and on April 28th this was agreed upon…IMO.
 
Why did it take them three months to negotiate and now finally give them a loan….yeah we gave them a loan…..why…..because in these three months there were many meetings where they discussed raising taxes and tariffs….there were many intense things like the deficit…..and you know something….IMO….there is no deficit….but they have to give you a deficit
 
WOW….three months of these meetings and the CBI finally announces that hey we got it….we got this loan….all of Iraq got this loan for economic reforms….you did it Iraq…..you did what the IMF wanted you to do….that is the only reason why you got this loan….so in the next 24 to 48 hours….maybe we should look for some IMF statements….maybe we should look for some CBI speeches.
 
This agreement of many reforms includes the Monetary Reform Family.
 
So yeah we grabbed them by the ear and we brought them to the point where we can say….who’s your Daddy….ok….and who’s in control….good…and who’s in control of this loan….CBI….GOI….oh we are…and you know all of this….very good…..no more games….Abadi….cool….Maliki…you are going to be cold pretty soon.
 
Not one stinking penny unless you met the qualifications….unless it was unconditional…..I told you on Monday….unconditional….what does that mean….new rate….with the financial report….you won’t get one stinking penny unless the rate is conditional with the financial reforms.
 
Dismissed with a prayer.


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