Highlights and Summary of Tony's CC. Updates as call progresses
BAD NEWS: Tony: We are not at the bank right at this moment.
GOOD NEWS: DC: Everything else is beautifully lined up east to west. Waiting on very little according to CBI, Parliament, etc.
LATEST WINDOW: Debates going on about: tomorrow morning; Thursday sometime; merits of this weekend or letting Abadhi, Biden and Dr. Shabibi know. DC: Nothing in the way that we know of.
USA is not the hold up. Now it is Iraq.
IRAQ: CBI, Finance Ministry since budget passed going thru minor check lists, random items of no importance. Just polishing up the minor items. DC did not think this would take long. Abadhi and Dr. Shabibi want this to be perfect. DC: Abadhi has real issue w/folks getting frustrated at RV not being here yet
- Parliament
- CBI
- Media: TV/Newspapers/Mosques - announcements are "economic reform anytime."
- ATM's are restocked with lower denoms. They have done this three times now.
- Budget did not get published in the Gazette on the 31st. Should happen in the next day or too.
- Civil Unrest: DC said minor riots. Some about RV and some about "stuff in general."
INTERNATIONAL:
- Africa: Unique in Africa as multiple countries supporting the same currency. DC said watch in the future as they have almost nowhere to go but up. DC: A lot of African nations have natural resources to jump start their economic platform. This is why all the talk about Zimbabwe.
- IMF
- UN
- Dong Rate: DC said the dong rate of .08 is reliable at this time but highly subject to change.Tony: All I can say is re listen to this call. DC was very specific. I tell you No Guts, No Glory. First mouse gets trap, 2nd mouse gets the cheese, 3rd gets the factory. . . truly will be greater, later.
UNITED STATES: is not geared up. No one is sitting at computers. Nor is anyone on stand by and no hours have been set.
- UST:
- Banks: not geared up. WF, BOA, major banks have the right staff in place to be ready in 30 -40 minutes.
- Security:
- Groups:
NO Receipts: lost, dealer didn’t issue, dealer out of business, found, gifted, etc. Document what you can as to where, when, why and how. There are several issues. One is to show you are a right and honorable person. Law enforcement is looking for suspicious stuff. IRS will be biggest pain to decide short term, long term for taxes. DC said: Do the best you can do. . . Gas receipt to show you bought at at that time. Cancelled check. (I suggest you view a post in the TNT Forum titled, "Tax Receipts Rule IRS Keeps Quiet: They're Optional" Forbes Article” - It's about a legal court case that decided the receipts rule) It's at: http://www.tntdinar.activeboard.com/t59539173/tax-receipts-rule-irs-keeps-quiet-theyre-optional-forbes-art/>
EXCHANGING: for those who got the Dinars from Iraq as service personnel, you will need to present your orders or have some documentation.
Tony: Hearing about March, April, May . . . I got texts this morning. I don't see it happening.
DC: Not hearing anything more than just minor comments about timing from anybody.
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