Iraqi Dinar Discussion Board

[Mr. Bill]

11-29-2014 Newshound/Intel Guru BGG Article quote: "Office of the Prime Minister Haider al-Abadi said the Cabinet approved the draft amendments to the proposed budget in preparation for submission to the House of Representatives on the evening of Saturday, pointing out that it will be after the Board shall have a second review..." Cabinet approves amendments to the draft 2015 budget...Sounds like the 2014 and 2015 budgets are very close... Quote: "Parliament rapporteur: the arrival of the budget is imminent and there is no holiday quarterly" Budget soon - NO HOLIDAY. Worky worky gang!! to wrap things up quickly - these items and Abadi asking for support to arrest Maliki for treason...and - Saleh being appointed as Abadi's financial advisor saying "they are determined to apply the laws of economics..." How in the world can anyone honestly say nothing is going on??? [post 2 of 2]

11-29-2014 Newshound/Intel Guru BGG Article quote: "...Presidencies Abadi, and al-Jubouri, a decision to expel Midhat al-Mahmoud of the head of the Iraqi judiciary..." I don't see how any rational investor can be upset with where we are right now. This is probably the biggest news in months. Major implications here - all three presidencies agreed to remove the highest judge in Iraq...consequently, the most corrupt and one of Maliki's main tentacles of influence (in the judiciary)...Medhat being gone pretty much seals Maliki's fate - but on the positive side, it portrays Jubouri (a Sunni), Massoum (a Kurd), and Abadi (a Shia) all agreeing on what could be a contentious issue. They acted quickly and in solidarity...longterm - this looks not-so-good for Iran...great for Iraq. I will be shocked if Maliki stays out fo jail for 2 more weeks. This is a MAJOR shake-up. [post 1 of 2....stay tuned]


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