TNT CC Cliff Notes - 2-18-15
DC: IRAQ: AS DISCUSSED, BUDGET HAS GONE THRU NORMAL PROCESS, BUT NOW WITH ABADI IT HAS GONE THRU ENTIRE PROCESS.
DC: SIGNED, RATIFIED, IN GAZETTE AND NOT PUBLIC. TALKED WITH PEEPS WHO HAVE ACTUALLY DONE IT.
DC: BOTTOM LINE: BECAUSE IT HAS PUT THINGS IN A BIND , THEY CHOSE NOT TO PUBLISH IT. SOME ASPECTS NEED TO BE ADJUSTED, LEGAL REVIEW, ETC.
THEY HAVE CHOSEN NOT TO PUBLISH IT OUT BECAUSE THERE ARE MANY DEPARTMENTS AND PROJECTS PLANNED THAT HAVE BEEN APPROVED BUT NEED TO BE VOTED ON.
DC: DO WE HAVE TO THESE THINGS NOW - YES. MADE NECESSARY BY EXPOSURE. BECAUSE OF MALIKI AND BAD GUYS BEING PAINS, THEY NEEDED EVERYTHING LEGAL.
DC - THEY HAVE TRIED TO BE A PAIN AND PUT OUT DIFFERENT WAYS TO BE A PAIN.
DC: ALL DEPTS AND BUDGETS, ETC. PLANNED ALREADY BUT NEEDED LEGAL STAMP. TUESDAY STARTED AGAIN, THEN MALIKI SLOWED IT DOWN AND MEETING NOW. SOME GUYS IN PARLIAMENT HAVE ALL WORKED TO BE FINE.
DC: THAT WAS WHAT THEY WERE PLANNING TO DO ON SATURDAY AND IT DID NOT TAKE PLACE ON TUESDAY THEY ARE PLANNING AGAIN THEY ARE NOW TRYING TO WORK THOSE ISSUES OUT AND THEY THINK THAT THEY HAVE THE LAST ITEMS WORKED OUT AND EVERYTHING IS GOING TO BE FINE AND THEN THEY CAN PUBLISH THAT THEN IT IS OUR BELIEF THE RV IS FREE TO GO.
T: SATURDAY WAS TO GO, ASSASSINATION DELAY. WHAT WE ARE HEARING IS THAT POSSIBLY MALIKI AND FRIENDS WERE BEHIND IT. NOW WE GO THROUGH PROCESS, AND MALIKI IS AGAIN THROWING 2014 BUDGET THAT THINGS AREN'T LEGAL.. CAUSING PROBLEMS LAST KMINUTE.
T: WHY DON'T WE JUST GET RID OF MALIKI? TO MAKE THIS HAPPEN. ISIS IS A PROBLEM, TOO. SO THEY DON'T DO SOMETHING IT MIGHT DELAY MORE.
DC THEY ARE SOME FOLKS THAT ARE ABSOLUTELY TIED TO THEM WHETHER FAMILY OR SOME JUST WANT ATTENTION
DC: SOME PEEPS JUST WANT ATTENTION; HENCE, DELAYS. IS MALIKI CONTROLLING PROCESS - NO JUST ANNOYING. OTHERS BESIDES MALIKI ARE ALSO BEING PAINS IN THE ASS.
DC - UNFORTUNATELY THAT IS HAPPENING RIGHT NOW - DOES IT MEAN THAT MALIKI IS CONTROLLING THE PROCESS - NO
DC: EVEN ACKNOWLEDGING PUBLICLY THAT BUDGET IS DONE AND IN GAZETTE JUST NOT PUBLIC.
T: MALIKI IS JUST TRYING TO SAVE HIS OWN NECK BY DELAYS.
T: THEY THEN CAN SHOW WHAT MALIKI DID FOR PAST 8 YEARS THEN PUBLIC OPINION WILL CHANGE.
DC: WE ARE WAITING ON THESE LAST MINUTE LAWS TO DOT I'S AND CROSS T'S AND MOST ARE ALREADY DONE BUT DON'T PUSHED THROUGH.
DC: WE AREN'T CONCERNED AT ALL SINCE ENTIRE SYSTEM IS JUST WAITING. TOMORROW MAYBE OR NEXT DAY. IRAQ NEEDS THIS FOR ISIS PLANNING AND ECONOMY.
BECAUSE THEY HAVE DONE ALL THEIR HOMES IT IS NOT A BIG DEAL JUST TAKES A QUORUM AND WE ARE NOT CONCERNED ABOUT IT SO IF IT IS DONE TONIGHT WE WILL HAVE A RV IN THE MORNING THAT IS SIMPLY IT EVERYONE IN IRAQ IS READY FOR IT THEY NEED IT FOR THEIR ECONOMY THEIR PLANNING ETC IS THE PRESSURE IMMENSE .,YES.
DC: IMMENSE PRESSURE ON ABADI TO GET HIS DONE. THERE IS A BELIEF THAT ABADI CAN GET THIS DONE. NOT MUCH TRUST IN THEIR IRAQI LEADERS. NATURAL MISTRUST, NASTY TASTE FOR LEADERS.
DC: THERE FORE THEY ARE SIMPLY HAVING A NASTY TASTE IN THEIR MOUTHS BECAUSE OF BROKEN PROMISES SO ABADI DOES HAVE SOME PRESSURE.
DC: ALSO TALKING ABOUT THIS TO OTHER DIPLOMATS HERE AND ROUND WORLD. WILL THEY GO BROKE (IRAQ)
DC - DO THEY HAVE ENOUGH MONEY TO PAY KURDISTAN ............ NO ...........
DC: THEY HAD A LITTLE MONEY -NOT ENOUGH TO PAY KURDISTAN OR PAY DEBTS OR FIGHT ISIS. DIPLOMATS, ETC SUPPORTING SHABIBI AND ABADI TO GET THIS DONE.
DC; PARLIAMENT ARE VOCAL AND VERBAL FIGHTS AND GETTING THINGS DONE, HOWEVER. LAWS COMPLETED TODAY SUPPOSEDLY THEN WE ARE GOOD TO GO.
T: PUBLICLY TELLING PEEPS THIS IS DONE. GOVERNORS IN OTHER PROVINCES THAT THIS DONE AND PLANES TO DELIVER CURRENCY TO DIFFERENT REGIONS.
T: THEY ARE MAKING SURE MONEY IS OUT OF GOVERNMENT HANDS TO GIVE IT TO PEEPS ON STREET . TO BE FINALIZED TODAY AND GEARED UP.
T: WE CANNOT CONTROL ANYTHING . WE WILL GET CALLS FROM MIDDLE EAST.
DC: US. WE ARE WAITING ON IRAQ AND THAT'S ALL. UST, EVERYBODY READY AND JUST WAITING.
DC - ADMIN TREASURY BANKS EVERYONE ELSE - EVERYONE WAITING.
T - IRAQ ALL DONE AND READY - BUT NOW THEY STILL HAVE TO DO THIS................. THERE WAS AN AGREEMENT THAT ALL OF THIS COULD BE DONE AFTER THE RV WAS ANNOUNCED UNTIL IT WAS NOT NOW IT HAS DECIDED DID NOT MAKE THEIR TIMETABLE.
T: MALIKI IS SAYING PARLIAMENT IS CIRCUMVENTING LAW SO NOW THEY ARE JUST FINALIZING THE MINUTIAE OF THE LAWS.
T - LETS GO WITH SOMETHING ELSE - A BUNCH OF DIFFERENT RATES
T: THE DIFFERENT RATES. OVER YEARS THERE HAVE BEEN DIFFERENT RATES FOR DINAR AND DONG. 3.22 + INTEREST.
T: DONG HEARING 8 CENTS, THEN 1.05, CONTRACT 2.17. WHY? DINAR 3.58. 3.71, AND 3.95. SHABIBI SAID AT JACKSON HOLE IT COULD GO TO 16.00
T - NOW WE ARE AT EIGHT CENTS - DC LETS DO THE DONG
T: NOW DONG AT 8 CENTS. SUPPOSED IT DOES COME OUT AT THAT. IF IT CAME OUT AT 5 CENTS, 5 YEARS AGO THE WHOLE WORLD WOULD BE HAPPY.
T - IT WAS ABSOLUTELY UNBELIEVABLE THAT WE COULD GET TO FIVE CENTS AND NOW TODAY THEY ARE TALKING ABOUT 8 CENTS AND WE HAVE TO ASK OURSELVES WHY.
DC: WHAT IT GETS DOWN TO IS CURRENTLY AT 8 CENTS COULD CHANGE TOMORROW BE AT 47 OR 2.47. OUR ACCESS TO DONG INFO IS SCARCE.
DC: INFO IS FROM US TREASURY SOURCE/ BANKING SOURCE.
DC WHY DID IT CHANGE ? WAS IT AN AGREEMENT BETWEEN CHINA AND VIETNAM
DC: WHY DID IT CHANGE? CHINA? OR TRIGGER RATE FOR UST TO JAM THRU OR REAL RATE - WE DON'T KNOW THE REASON. THIS HAS CHANGED SO MANY TIMES.
DC - THIS HAS CHANGED SO MANY TIMES ALSO AS IN THE PAST
DC: OTHER FOLKS WITH MORE POWER, HAVE INSISTED THAT WE BE TREATED FAIRLY. ONE OF REASON WE ARE LETTING YOU KNOW THIS INFO.
DC: PART OF US KEEPING THE SYSTEM HONEST, IS TO KEEP IT FAIR TO ALL.... LETTING ALL KNOW WHAT'S GOING ON. THEN WRONGS WERE RIGHTED BECAUSE OF LETTING OTHERS KNOW JUST WHAT'S GOING ON.
DC: IF IT COMES OUT AT 8 CENTS, MAKE 8 THOUSAND TIMES YOUR MONEY. THOSE WHO GOT 47 CENTS WILL SAY THIS ISN'T RIGHT AND NEEDS ADJUSTING.
DC - BUT A BUNCH OF OTHER PEOPLE GOT .47 - SO TONY AND I WILL SAY ........THIS ISN'T RIGHT GUYS ................
DC: THERE BETTER BE A darn GOOD EXPLANATION FOR THE 8 CENTS RATE.
DC - ALL WILL COME OUT - SO THERE BETTER BE A GOOD EXPLANATION FOR IT ----------- IF YOU STILL WANT TO **** .......... KEEP ****ING ....THATS WHERE WE ARE AT.
DC - BOTTOM LINE WE DO NOT HAVE AS MUCH INFORMATION ABOUT THE DONG BECAUSE IT CAN CHANGE IN THE NEXT HOUR.
DC: THIS IS INSURANCE FOR US SINCE IT OBLIGATES OTHERS TO BE HONEST. IT'S A WONDERFUL THINGS OTHERS GOT PAID AND IS THE INSURANCE FOR US SINCE IT WILL COME OUT.
DC: IT WILL WORK ITSELF OUT.
TONY: WE DON'T BELIEVE IN THE 8 CENTS - IT IS BEING SAID ALL AROUND THE WORLD AND IT MAY COME OUT THERE BUT I THINK THEY ARE MAKING A BIG MISTAKE - PEOPLE ARE NOT DUMB.
