I come to you today to give you an update on the announcement of the formal election results and how this relates towards the international rollout of the IQD for Iraq.
Finally yesterday the Federal Court announced the ratified of the election results. Hurry !
However there are 4 candidates that are being withheld and the names of these candidates were also published by days end yesterday. The reason for not ratifying these candidates is unknown and the judiciary is not sharing this information with us.
It was also announced yesterday in Iraq that Ahmed Abdel Hadi Chalabi would be the national alliance / citizens coalition’s candidate for prime minister. If you read my news letter on 5/30 (LINK to 5/30 post) you already should have a very good feeling that he would have been their candidate and would be selected to run the country.
Chalabi: is the MP for the coalition of citizen and was favored to take the prime minister position since the coalition did obtain the majority of seats in parliament I also gave you some more background information about Chalabi at that time., FYI.
We can’t forget the past. Back in 2010 elections Chalabi was on the very top of the list of candidates as recommended by many USA Army generals for this position. For reasons I am not going to go into now he was not selected at that time. Perhaps things would have been much different during these last 4 years had he been the prime minister.
His main goals are to continue the unity within Iraq and to continue the theme of being an Iraq citizen rather than be just a member of a sec, tribe or clan. He also has to work hard on the security issues and correct the mismanagement of the contracts to rebuild the cities and utilities from the destruction of the war. Did I mention the 2014 budget must be opened. It will have provisions in it for the RV.
There is now extreme pressure to construct the new government and get everyone seated and working together.
What can we expect this week?
We can expect that the new parliament members will take an oath of office as directed by the senior parliament member. Then they will vote on the new speaker of the house of representatives.
I do not know how the four un-ratified candidates will impact this process from going forward. I would think they would need to have their replacements ratified in order to have a full house of representatives. I would think they would select the next four runners up. This could cause legal issues later if sessions are held without a fully formed parliament. So this could cause a delay.
What can we expect in the coming weeks?
The new prime minister can not be seated until the Presidential candidate is ratified and seated. Then the new President formally submits the prime minister candidate to parliament to ratify him and seat him. It is then up to the prime minister to send candidates of all the ministers to parliament to also be approved prior to Chalabi seating them.
Today June 17th, the acting Iraqi Central Bank Governor Abdul-Basit Turki regretted that the Iraqi monetary policy was stalled due to the exceptional circumstances present that Iraq is going through, stressing that the CBI has the ability to support the exchange rate of the dinar to the fullest extent and without a roof, and that the reserves of the Central Aalaraca "safe" with banks outside Iraq.
What was Truki really trying to tell us?
I believe he was saying many things in his news brief:
1) he regrets that the currency has not already gone international and that this process was stalled due to the recent terrorists attacks. Now they must move forward to continue the currency reform project since the CBI has the ability to support the exchange rate of the dinar to the fullest extent
2) and that the reserves of the Central Aalaraca "are safe" with banks outside Iraq just in case of any more attacks that threaten the bank.
So I believe we will see the RV soon as I have stated many, many times but only when parliament is seated, the president is seated, the prime minister (Chalabi) is seated, and all his ministers are seated. They (meaning the USA) are not going to repeat the mess they had back in 2010 with Maliki. They will use the currency reform as leverage to get the government formed and fully functional. Then they will pop the currency out to the international markets.
So yesterday’s and today’s news is all very good news. I can see Iraq is trying to progress quickly in the completion of setting up their new government.
I am still hearing rumors that Maliki is staying for a 3rd term. This is of course just all rumor and there is no evidence to back it up what so ever. So throw these notions in the trash basket…lol…I have an excellent source in the Iraq government and they are telling me Chalabi is the new prime minister, as we will all witness very shortly. I encourage everyone to go back and re-read my 5/30 news letter for more information on Chalabi. LINK to 5/30 post
I still believe we are not yet out of the chaos since I do believe there is monkey business going on with manipulation of the election results by the courts of these 4 lost candidates. Could this hold up the process of putting their government together quickly? Seems there are always loose strings somewhere. Is this being done deliberately? Does Malikii have a hand in trying to stall the process?
I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable and is a functional government. This is has been the plan all along. They may have wavered a bit on how the plan was implemented but the overall plan guidelines have not changed.
Peace and Luv To Ya All,