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News, Rumors, Thoughts and Opinions - Wednesday Morning

7/2/2014

1 Comment

 
Chattels:

the following is an excellent concise description of the state of affairs in Iraq: 
"Embattled Prime Minister Nouri al-Maliki despite facing massive opposition to re-election persists in his efforts for a third term while Sunni extremists and Iraqi Sunni tribes gain control of large swaths of land and Kurds threaten to secede."

<><><>

Enorrste:

Article: 
"Barzani: We seek to determine the day of the referendum on independence and the schedule will only take months"

...based on this article...a process has been initiated to separate from greater Iraq by the Kurds. 

It may take several months. 

Suppose that the Kurds are successful and that they vote to leave.  It is clear from other articles that such a vote would be successful.  What then? 

The answer is this:  62 total votes will leave the Iraqi Parliament, leaving only 266 total members in the Iraqi Parliament.  This would mean that it would take only 134 votes for a candidate to form a new government rather than the current 165 votes. 

Now ask this question: 
who would benefit from the Kurds leaving the greater Iraqi union? 

Answer:
Maliki.

Maliki will stall until the Kurds make their decision. 

The only way in which they would elect not to leave greater Iraq is if they are part of a unified government without Maliki. 

That prognosis is highly unlikely at the present time. Therefore, Maliki would be shrewd to sit back and let events unfold. 

By law he is in the first position.  By practice he has shown that he might take up to 10 months to form a new government. 

By Barzani's statement, if Maliki is given that opportunity, he will leave greater Iraq.  Maliki's response? 

"Don't let the door hit you on the way out." 

Maliki is in a fairly good position at this point. 

He cannot be summarily removed. 

A large chunk of his opposition is about to bolt. 

Time is on his side.

<><><>

Millionday:

supply and demand is what a market economy is...the economic reforms are going well and are not being held up due to security... the foreign investors are bringing jobs and also moving forward as expected in their contracts for infrastructure. 

the result of any slow down was from the media reports-- those are the negative insights to what is going on and what is being done about it... the oil export is ready and willing able etc. and the stabilization of the reality of the monetary reform is supported by the reserves held by CBI. so as we see the one thing we all love...PROGRESS!
1 Comment
what's 4 dinar?
7/2/2014 05:27:46 am

Has anyone pondered what will become of our dinar once the Kurds leave? Assuming that 1/3 of this currency is Kurdish. Would not then Iraq and Kurdistan have new and different currencies?

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