“Necessary Powers” – Tues. PM KTFA Thoughts, News w/ MilitiaMan, Tivon 7-12-22

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KTFA

Samson » July 12th, 2022

A deputy explains the absence of legislation in Parliament

11th July, 2022

The State of Law coalition explained, on Monday, the absence of legislation from the House of Representatives.

The representative of the coalition, Faisab Al-Naeli, said in an exclusive interview with Mawazine News, that most of the legislation comes from the government, and that the latter is now a caretaker that does not have the right to send any law to the House of Representatives.

He added that. except for legislation that has not been resolved, such as the oil and gas law and some controversial laws that need political consensus and resolve the government’s file because of its importance not to challenge it and to be passed and applied by the government.

MilitiaMan » July 12th, 2022

As I have shown in many times now, as have others that the Supreme Judicial Council stated specifically that there is no such thing implicitly in the constitution as a care taker government. It is merely a contextual matter of being one. It is not implicit at all.

To keep stating that the present government is a caretaker government is not implicitly correct and stating as such will not make that fact go away. Therefore using terms out side of for instance powers the Prime Minister has is correct if one uses, “necessary powers”. That is the JSC words.. Not full powers or anything similar.

Necessary powers is how it was worded.. Those powers are for to be used during emergency.. Time of war or crisis. They are in a constitutional crisis. Thus, as Tivon states in the EFSl (Emergency Food Security Law) there are necessary powers that have been given to the PM.

So if we close in on what is said in the article above we can see evidence that supports Kahdimi has the powers to complete the HCL..  (Hydro Carbon Law or also called Oil and Gas Law)

The present government (they use caretaker) doesn’t have the right to send any law to the HOR (House of Representatives?) or do they.. They do. Notice the use the word “EXCEPT”? Key word. They can and likely will resolve the  oil and gas law, as it is a part of the White Papers and is for the needs of the citizens… The emergency security food law has the white papers in it. 

Lets not lose sight of what we have been saying and Tivon has been hammering home.  The PM has the necessary powers to get things done. HE has the powers to dissolve the HOR. Sadr, knows that. So do we if one reads the data. We might want to be careful with the part about we have the arms to sign into law. The HCL may have been in the first session that was done late on the 06/23/2022 (15 day) or just before 07/06/2022 the day of the EFSL being published in the gazette.

As for the HCL, they’ll activate it all at the same time they do everything else. Just, as they will the ports, borders, clearing systems, etc..

We know that only the Iran payment apparently was distributed to date. Therefore, we can surmise this period we are in, is a convergence. A possible CBI and GOI convergence that has ground work not necessarily spoke of directly in the works. 

The SJC specifically wrote about what can be done and the specific meaning of terms for a reason. That reason is to be on public record with and for the citizens. During this government we have today, will be the government Frank speaks of on the call.

It is the government with the “necessary powers” that is in charge today and will be going forward for some time.

I suspect that there will be an announcement of a seated government, as the same in place today, as Kahdimi has the power to dissolve the parliament, thus, those in place today along side for PM Kahdimi will lead until the next one is formed.

Keep in mind that the file of the HCL above states that  due to it’s importance it can be legislated by the present government and that is under the PMs control due to aforementioned “necessary powers”.. imo

The SJC spoke about it in February 2022 and June 2022.. We shall see what happens in respect to this sooner or later.. I suspect sooner than.. To the far bottom… I beg to differ and show links regularly too, even the article above supports that PM K has authority.. imo lol ~ MM

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Tivon » July 12th, 2022

What have I been telling you all? The EFSL is for stalled laws and projects. We got one major obstacle out of the way by having the EFSL published in the Gazette. Now we need to give it legs so the citizens can run with it. Right now we have the arms to sign it into law. But the heads need to come together during the session and use the constitutional powers to ensure its passed and voted on. This is where the Purchasing Power for the citizens lie.

Do they have to wait to reinstate until the Oil & Gas Law is done? I wouldn’t explicitly say so. But’ securing this particular law can contribute to the citizens having PP out the gate from the onset of the CBI releasing the rate on the same day or week which would prompt them to turn in their 3 zero notes at a much faster pace.

But why wouldn’t they without the Oil & Gas Law if they now have an international operational rate? I presume the citizens are aware of the extra bonus every month on top of their income would be a welcoming gift. So aside from that the price of goods & services will be fair and affordable given that the IQD/USD pairing would be equal. But the extra incentive to spend money you didn’t have to work for as an allowance every month can boost spending tremendously.

Which is the goal that would expedite the phasing out of the old notes. Blitz Play coming up. IMO ~ Tivon

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Godlover » July 12th, 2022

K lacks authority & backing at many levels as the articles have been saying. I do however believe K is setting things up for the next government. ~ ” Godlover

Tivon » July 12th, 2022

Right, you caught on to the specific wording used to justify the powers that the PM has. You noticed they referenced the Oil & Gas Law a stalled law?

What have I been saying for the past few months? That the EFSL was designed to to pick up on what they wanted to do with the 2021 budget. Why? Because there were “Stalled Laws” that never got voted on last year which includes….drum roll please’ The HCL!

Which gives the PM the authority to enact it once it is voted on because it is tied directly into “Citizens Entitlements” which is a part of the Constitution. Which is why they were able to get Kurdistan to sign over the oil contracts sense it violates the constitutional Entitlements/Paragraphs in the EFSL that Mazhar Muhammad Saleh spoke on when he stated that was the main reason the EFSL could not be challenged by the government. This is in writing.

Explicitly. People asked why we didn’t see a rate on the same day the EFSL was published. Which was never in the cards. They didn’t go through all the trouble to legally revoke Kurdistan and then shoot themselves in the foot by reinstating the IQD prematurely before the Oil & Gas Law was enacted and lose out on trillions in the process.

The EFSL is limited to this year. So the PM can not afford to put this Oil & Gas Law off into a future budget they are not sure will have this law as a priority like it is now under emergency powers. So he will short his country and reinstate without giving ultimate powers to his cabinet using the EFSL. IMO

Source: Dinar Recaps


DallasDude » July 12th, 2022

Frank just stated on You Tube rate CAN change rate under caretaker government with Kazemi..and I agree

Clare » July 12th, 2022

FRANK ALSO SAID THAT THE GOV HAS TO BE ANNOUNCED/SEATED IN HIS OPINION… FRANK HAS TOLD US FOR A WHILE NOW THEY HAVE THE GOV .. IT HAS TO BE ANNOUNCED AND FRANK HAS NOT FINISHED THE CC YET, BUT  “CONFIDENCE” IS A KEYWORD FOR TONIGHT….
AND I WOULD THINK THE GOV NEEDS A VOTE OF CONFIDENCE FOR THE PEOPLE’S SAKE!

THE GOV SITUATION HAS TO BE RESOLVED PUBLICALLY ONE WAY  OR ANOTHER (AND WE WILL WITNESS IT SOON)  … AND THEN THERE WILL BE NO FAILURE WITH THE CITIZENS WITH A NEW EXCHANGE RATE  IMO

FRANK ALSO SAID ON THE CC THE CBI IS LOOKING FOR “CONFIDENCE”

“WHAT IS THE CONFIDENCE? A NEW GOV’T ANNOUNCED!”….F26

IT MUST NOT FAIL WITH THE CITIZENS” …WS & F26 

“THE CITIZENS WILL SEE THE GOV & CBI SHOULDER TO SHOULDER” …WS & F26

KTFA Monday Night CC:  https://www.youtube.com/watch?v=HkCb3zte4zk

Samson » July 12th, 2022

Three scenarios, two of which are in the interest of Al-Kazemi.. A source from the framework: Al-Maliki withdrew from the candidacy

12th July, 2022

A source in the coordinating framework that includes all Shiite forces except for the Sadrist movement, which seeks to form the next government, revealed that the competition is limited to three candidates for prime minister, indicating that the leader of the state of law, Nuri al-Maliki, will withdraw from the nomination for the position, along with the imminent nomination of a candidate for the position of First Deputy. to the Speaker of Parliament. 

The source told Shafaq News Agency, “The competition for the position of prime minister is limited to 3 personalities, including the former Prime Minister Haider al-Abadi and the former Minister of Labor and Social Affairs, Muhammad Shiaa al-Sudani, in addition to one of the personalities from the second row leaders of one of the forces of the coordination framework, known for his strength in decision-making.

In addition to his political acumen, these people will enter the competition cycle within the coordination framework, and whoever gains the highest points will be an official candidate for the framework for the position of prime minister.

The source pointed out that “the leader of the rule of law and in his last statement is an explicit declaration of withdrawal from the candidacy for the presidency of the next government, but they will have a share in naming a candidate on their behalf for the position of the first deputy speaker of parliament.”

He pointed out that “there are three applicable scenarios in the next stage. The first is to maintain Mustafa Al-Kazemi’s government in the event that the Kurds agree on Barham Salih as a compromise candidate among them, in addition to Al-Kazemi’s presentation of a practical and brief government program, time ceilings and priorities, with a change in his booth for those hovering around them.” Files of corruption or defective management.

He continued, “The second scenario is that the three candidates will enter into an electoral competition within the framework, and whoever wins is the favored one, by a unanimous decision of the framework.”

And he added, “The third scenario is to extend the life of the Al-Kazemi government for a period of one year in preparation for holding early elections with a change in the entire booth,” noting that “the special parliament session to be held after Eid will not be delayed if it is agreed upon and all matters are resolved, especially the Kurdish candidate for the presidency.” .

Earlier today, the leader of the Al-Fateh Alliance, Hadi Al-Amiri, had rejected his candidacy to head the next government, while stressing that his bloc would not participate in any future government.

Al-Amiri said in a statement received by Shafaq News Agency: “While I reject this media performance that is charged with lies, and may be paid for, I would like to emphasize that this news is false, and that I am not a candidate for this position and reject my candidacy from those who believe that this is correct from the Brotherhood.” He stressed that “what is important to him first and foremost is to preserve the unity of the framework, and that he will provide support and assistance to any candidate agreed upon in the coordinating framework.  LINK

With the end of the Eid and Parliament holidays approaching, the countdown begins to resolve the formation of the government

12th July, 2022

With the Eid and Parliament holidays approaching the end, the countdown to resolving the electoral benefits has begun, and attention is turning to the Kurdish and Shiite political forces, awaiting the resolution of the names that will have the best luck in assuming the positions of the two highest executive authorities, namely the presidents of the republic and the Council of Ministers.

Despite the ambiguity of the situation and the lack of clarity about the final features of the candidates’ form, a parliamentarian confirmed that the next few days will witness advanced understandings that will reach good dimensions on the way to resolving electoral benefits and forming a government, while a Kurdish politician referred to a meeting he described as crucial after the Eid holiday to come up with a final position regarding Candidate file for the position of President of the Republic.

Representative of the State of Law coalition, Duha al-Qusayr, confirmed that the next few days will witness advanced understandings that will reach good proportions in the way of resolving the electoral benefits and going to form a government. Al-Qusayr said in an interview with Alsumaria News, “The prime ministership is related to the largest bloc and its candidate is assigned by the elected president of the republic, who will be a candidate from the Kurdish component,” noting that “the decision of the name of the candidate for the position of the president of the republic is linked to the understandings between the Kurdish forces.”

And she added, “The next few days will witness advanced understandings that will reach good dimensions on the way to resolving the electoral benefits and going to form the government,” noting that “the scenario of political blockage will be far, given that there is an agreement that the public interest will prevail and everyone’s obsession and concern to bring Iraq to safety.”

Al-Qusair continued, “Everyone has a full perception of the importance of the next government being service-oriented and bearing in mind the initiation of the issue of infrastructure in order to provide services, and that it be a capable and capable government, that it stays away from division and discrimination, that it is not exclusionary or marginal, as well as that it is interested in involving Everyone is able to cross the stage and go with Iraq and its people to achieve what they aspire to.”

For his part, a member of the Kurdistan Democratic Party, Subhi Al-Mandalawi, confirmed that there is a crucial meeting that will be held after the Eid holiday between the Democratic Party and the Union to decide the name of the candidate for the position of President of the Republic.

Al-Mandalawi said in an interview with Alsumaria News, “There are rapprochement and positive meetings between the two Kurdish parties, as well as good understandings between the two parties on many files of interest to both parties,” noting that “there is a decisive meeting that will be held between the two political offices after the Eid holiday in order to resolve the file of a candidate for the position of president.” Republic”.

He added, “The Kurdistan Democratic Party, until this moment, is still its candidate, Riber Ahmed, and at the same time, the PUK is still sticking to the name of their candidate, Barham Salih.” He may impose himself again, and each side will go to Baghdad under the name of a different candidate than the other.”

LINK

Iraq and Saudi Arabia are declining.. India’s oil imports from Russia rise

12th July, 2022

India’s oil imports from Russia jumped to a record level of about 950,000 barrels per day last June, which represents about five imports of the third largest oil consumer in the world, according to data provided by Indian trade.

Indian refiners were buying Russian oil sold at deep discounts on Brent and Middle East crude after some companies and Western countries avoided buying from Moscow after it invaded Ukraine on February 24.

The data showed that India shipped about 4.8 million barrels per day of oil in June, down 3.8 percent from May but about 23 percent higher than the previous year. India’s oil imports were low as demand for fuel was affected by a second deadly wave of the Corona virus.

The data showed that oil imports from Russia increased by 15.5% in June compared to May, while imports from Iraq and Saudi Arabia fell by 10.5% and 13.5%, respectively, with the Middle East’s share declining to 56.5% from 59.3%.

Russia remained India’s second largest oil supplier after Iraq, while Saudi Arabia remained third for the second month in a row.

Cheaper Russian oil reduces losses to India’s state-run refineries that sell fuel at low prices in the domestic market, while adding to the profits of private companies Reliance Industries Limited (RELI.NS) and Nayara Energy, which export most of their refined products.

India, the world’s third-largest oil importer, has defended its purchases of “cheap” Russian oil, saying it provides only a fraction of the country’s overall needs, and a sudden stop will increase costs for consumers.

The rise in oil imports from Russia reduced the share of OPEC in India’s total imports to 65.2% during the quarter and 60.8% in June, and the data showed that the share of OPEC in India’s oil imports has been declining since last March.  LINK

On this date.. Putin visits Iran and the latter reveals the most important goals of the visit

12th July, 2022

The head of the Economic Committee of the Iranian Shura Council, Mohammad Reza Pour Ebrahimi, confirmed today, Tuesday, that Russian President Vladimir Putin will visit Tehran next week.

Pour Ibrahimi, who visited Moscow with the governor of the Central Bank of Iran, said in a press statement that the Russian president will visit Tehran next week.

He stressed that “Russia is serious about expanding its economic relations with Iran, and planning for this goal will be at the top of Putin’s agenda in his meeting with Iranian leaders.” He added that “the US and European embargo on Russia has intensified Russia’s interest in economic and commercial dealings with Iran.”

Pour Ibrahimi explained that “after President Ibrahim Raisi’s recent visit to Russia, a positive atmosphere was created in Moscow regarding economic cooperation with Iran, and very good agreements were signed during that visit.”  LINK

Source: Dinar Recaps


Samson » July 12th, 2022

Three scenarios, two of which are in the interest of Al-Kazemi.. A source from the framework: Al-Maliki withdrew from the candidacy

2th July, 2022

A source in the coordinating framework that includes all Shiite forces except for the Sadrist movement, which seeks to form the next government, revealed that the competition is limited to three candidates for prime minister, indicating that the leader of the state of law, Nuri al-Maliki, will withdraw from the nomination for the position, along with the imminent nomination of a candidate for the position of First Deputy. to the Speaker of Parliament. 

The source told Shafaq News Agency, “The competition for the position of prime minister is limited to 3 personalities, including the former Prime Minister Haider al-Abadi and the former Minister of Labor and Social Affairs, Muhammad Shiaa al-Sudani, in addition to one of the personalities from the second row leaders of one of the forces of the coordination framework, known for his strength in decision-making.

In addition to his political acumen, these people will enter the competition cycle within the coordination framework, and whoever gains the highest points will be an official candidate for the framework for the position of prime minister.

The source pointed out that “the leader of the rule of law and in his last statement is an explicit declaration of withdrawal from the candidacy for the presidency of the next government, but they will have a share in naming a candidate on their behalf for the position of the first deputy speaker of parliament.”

He pointed out that “there are three applicable scenarios in the next stage. The first is to maintain Mustafa Al-Kazemi’s government in the event that the Kurds agree on Barham Salih as a compromise candidate among them, in addition to Al-Kazemi’s presentation of a practical and brief government program, time ceilings and priorities, with a change in his booth for those hovering around them.” Files of corruption or defective management.

He continued, “The second scenario is that the three candidates will enter into an electoral competition within the framework, and whoever wins is the favored one, by a unanimous decision of the framework.”

And he added, “The third scenario is to extend the life of the Al-Kazemi government for a period of one year in preparation for holding early elections with a change in the entire booth,” noting that “the special parliament session to be held after Eid will not be delayed if it is agreed upon and all matters are resolved, especially the Kurdish candidate for the presidency.” .

Earlier today, the leader of the Al-Fateh Alliance, Hadi Al-Amiri, had rejected his candidacy to head the next government, while stressing that his bloc would not participate in any future government.

Al-Amiri said in a statement received by Shafaq News Agency: “While I reject this media performance that is charged with lies, and may be paid for, I would like to emphasize that this news is false, and that I am not a candidate for this position and reject my candidacy from those who believe that this is correct from the Brotherhood.” He stressed that “what is important to him first and foremost is to preserve the unity of the framework, and that he will provide support and assistance to any candidate agreed upon in the coordinating framework.   LINK

~~~~~~~~~~~~~~

MilitiaMan » July 12th, 2022

Three options Two of which are in favor for Al-Kahdimi. We know there needs to be direction in which way that are to go with these options. These most realistic view imo is that from what I know to be true is that presently the PM has necessary powers that were outlined in the constitution and likely to be in the EFSL / White Papers.

There is a focus on corruption. That is not going away. Having the necessary powers to dissolve parliament has the corruption files in the cross hairs.

 Dissolution of parliament puts those with corruption files at risk to losing immunity. Also if not the corruption files then the dissolution brings failure to mind in the publics eye thus, being re elected makes for dicey outcomes. Likely the failure of parliament to work for the citizens would not be forgotten. So those two alleys are not in their favor. 

The fact that Maliki has withdrew from the candidacy brings into question of will they go the route of since the withdrawal of Maliki will Sadr be fine with that and allow the government to be seated with the likes of the PM and Salih in place, be the option? Itwould still leave the corruption files in place and they can be sorted over time. A risk those in parliament will have to take? Both ways appear to be in favor of Kahdimi and are likely supported by the street. Something Sadr is fully aware of. We shall see. 

The third way is not in PMs favor and is more timely in nature. Something that is not in Iraq’s best interest. The world is watching and they are looking for results in the government process to be completed. There are global initiatives at play this week.

They are with POTUS in the Middle East and Janet Yellen in Japan and Indonesia. All about key global events surround security, stability, finance, food security, climate change, Ukraine, Covid-19, etc.. The main focus is under the guise of food security, Universal Health Care and Finance… All on the table this week. Israel, Saudi Arabia, Iraq and Iran all on the table. All while the G20 et al are meeting.. There are no coincidences. This is all before us. The Central Banks of the world all are in formed. They have been all along the way. 

Iraq has been given notice. We can see the urgency now. They need to get off the camel and get in the game now.. Or risk the consequences.. Financially that would be a big mistake and they know it.. The Finance Minister and the Prime Minister are likely well informed by the IMF, WB, G7, G,20, UST, EU, etc.. They have had many meetings.. It is show time.  imo ~ MM

Source: Dinar Recaps


Tivon » July 12th, 2022

The establishment of a Federal Oil and Gas Council (FOGC), which would act as the main body for overseeing the Iraqi petroleum sector. The membership of the FOGC would consist of

The relevant Deputy Prime Minister.

The Minister of Oil

The Minister of Finance

The Minister of Planning

The Governor of the Central Bank of Iraq

A ministerial-level representative of the Kurdistan region (and any other region formed pursuant to the Constitution subsequent to the enactment of the (oil and gas law)

Representatives from each producing governorate not included in a region.

The heads of the Iraq National Oil Company and the Oil Marketing Company (SOMO) (and other relevant companies)

And up to three experts specialized in matters relating to oil and gas, finance or economics. 

Anyway, lets get back to business. The above is an overview of the Oil & Gas Law written by someone (CBS) last year. Not me. This is a brilliant overview which is only a portion of the overall coverage.

I want you to read this and take note of the relevant authorities one of which includes the CBI. You see how this is all intertwined? You see how if the CBI would have released the rate prior to the Oil & Gas Law being voted on and enacted would have conflicted with its own positions on the council?

I posted this example before. Let’s look at it again. Picture a Fed-appointed agent who orders $12,500 worth of oil from Iraq. Payment will consist of a $12,500 transfer from the Fed’s foreign currency reserve IQD account to the IRAQ Oil payment account at the CBI (Central Bank of Iraq) in a form otherwise known as PetroDollars/PetroDinar.

Even though the world spot price of oil is defined in terms of USD, the actual transaction may take place in any internationally recognized currency agreed to by the parties.

For example, Iran only accepts Yen from Japan for their oil orders, because they don’t want USD in their foreign currency reserves. So how does the CBI recapture the money? The $12,500 order is filled with 250 barrels of oil based on the spot price on the date of the sale (for this example we used a $50 USD spot price).

What does it cost Iraq to produce the oil to fill this order? Well they have negotiated productions agreements for approximately $1.50 USD/barrel. From that price $.50 USD goes to the national Iraqi oil company who is the partner in the field the oil came from. Out of the remaining $1.00 the other oil field partners have to pay the Iraq government a profit tax of $.35 USD (35%).

The net cost to Iraq to produce a barrel of oil used in this scenario is ex $.65 USD. (i.e. $1.50–.50–.35 per gallon) What does all that mean? It cost Iraq $162.50 to bring back a 10,000 IQD note! Can they afford that? I think so! So, instead of paying out $12,500 for a 10,000 IQD note, they only pay $162.50! That doesn’t add to the money supply much at all does it!

They receive their IQD back and place it in the CBI, or destroy it. The transaction is completed with the Federal Reserve exchanging foreign reserve credits which are equal to $12,500 USD (which had a net acquisition cost of $4,000 USD for the US) for 250 barrels of oil (Which has a TOTAL COST to produce of $162.50 USD for Iraq.

You see how out of 50 different interpretations it only takes one to make sense? Win-Win for everyone across the board.

More completely explained, and simply put, it cost Iraq $162.50 USD from their foreign currency reserve accounts to redeem the value of 10,000 IQD, which goes into their operating accounts. At the same time the US got $12,500 worth of oil for a net cost of $4,000.

That’s how it was originally planned for Iraq to RV/RI at 1 IQD = 1 USD, with the variable being the political element (i.e. UN Sanctions) GOI (Government of Iraq) (IMF) (World Bank actions etc.) IMO

Don’t worry to much about the math. I am showing you why we basically have not seen the exchange rate.

They need the Oil & Gas Law in place on a constitutional basis in order to maximize profits for the new exchange rate to mean anything for the overall GDP internationally.

This is why the 1:1 out of the gate makes sense. Because of the oil price. The EFSL will allocate funds to the Ministry of Oil because of the private sector where the hiring for positions in the oil refinery will help bolster the overall output in terms of exports.

The purpose of the Refining Law is to encourage private sector investment in Iraq’s refining sector, and it specifically allows the private sector to establish crude oil refineries, possess, operate and manage their facilities, and market their products.

The Oil & Gas Law plays directly into the reinstatement. The CBI was not going to release the rate just because the EFSL was published. They are on the Council. They are watching what Al-Kazemi is doing. Which is why we need to focus on him. The CBI becomes relevant after the Oil & Gas is done.

This is a very powerful month. That session will reveal everything. IMO

Source: Dinar Recaps

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