Transcript of OPEN MOD call with BGG – Friday, March 1, 2013 (PART ONE)
(Disclaimer - This is not an official transcript and every word may not get written. We try to at least include any dialogue pertaining to the news and dinar. We do the best we can and you will likely find spelling and grammatical errors. None is intentional and no offense should be taken.)
BGG – Start us off with a quick prayer nukem.
NUKEM – OK. Our heavenly Father, we love you and praise you. We thank you for all you do for us. Thank you for watching over us and caring for us. We thank you for the fact that you’re in control over this investment that we’re in and we pray for the people who have some really dire straits with their finances and a lot of physical needs out there of people who are sick and we pray for them. We lift up love it 2 to you Lord and we pray that you’ll continue to heal her and all of these others that we’ve been praying for, we ask that you continue to be with them. Strengthen them and bring their bodies back to health. We love you and praise you and ask for guidance and direction. In Jesus name. Amen.
BGG – Amen. Thank you so much nukem. Actually, I have one prayer request. There’s a young lady who used to be on our, everybody keep on your list. Her name is Christina. She just had her fifth child over this last weekend. She is one of my best friends in the world’s daughter in law and she is in really rough shape right now. Keep her in mind if you would. He just left from here and headed down to Florida just today. He was kind of planning a trip down there anyway. He just loaded up and went down there. Keep her in mind.
{Mod Business discussed}
BGG – We are going to do a Q & A tonight at the end of the call, so anybody out there listening who would like to ask a question can hit star 6 on their phone and you will be put in que to ask a question. Chattels, you said there was an article earlier, a late article that came out about Talibani. Tell us about that.
CHATTELS – In the (intelligible) block, they were speculating Marsoud Barzani is a likely replacement for Talibani and in the content of that article, it talks about Talibani returning at the end of March as opposed to the news earlier this week of returning on the tenth. That’s the only remarkable content that I recall. It’s in the forum. I think it’s the last article posted.
BGG – I wonder if that is an interesting way to look at that and I’ll tell you why I find that interesting is because the United States ambassador to Iraq, Beecroft, chose to not deal with Barsoud Barzani, but he chose to deal with the head of the KRG this time around which I found noteworthy. That’s the first time we’ve really seen any indication that the US was going to deal with anybody other than the GOI. Instead of dealing with Masoud Barzani, he went up there and he dealt with the prime minister of the KRG which I found very, very interesting and I wonder if that isn’t because Barzani the greater is looking like he is going to be part of the GOI as president of the republic now. So there’s no reason to deal with him now. They’ve got to go deal with the KRG. Very interesting. By the way, that was part of what I was going to talk about today. There were several things on an information basis I had. A bunch of things. Very, very interesting stuff going on. Anything else? Any other articles pop up?
CHATTELS – I think there was an article yesterday where Beecroft not only met with, well met with both Barzanis. I remember seeing that you remarked upon the meeting with Nirchivan Barzani, but there was an article that he met with Marsoud Barzani as well. I’m just looking for that now. It’s in the forum yesterday. I don’t know that I exactly followed your observation. I thought you were making a point with having met with Nirchivan and not Marsoud Barzani, but I think he met with Marsoud Barzani as well. I’m looking for it now.
BGG – Well, the whole point and that’ll dovetail with what I have to say tonight. The whole point is they haven’t met with Nirchivan Barzani yet. They have just passed over the KRGs whole infrastructure to deal with Masoud Barzani. Very, very interesting that they chose yesterday, the last couple of days to show support for the KRG and to show support in the way that they did. Very interesting. The article that you dug up on Talibani, the late article was that he was, essentially they were pushing back, supposedly, his return for at least thirty days.
CHATTELS – That’s what it said.
BGG – So they’re alluding to the fact that Talibani is alive, he’s doing well and that they’re looking at him coming back in thrity days.
CHATTELS – End of March is what they said as opposed to the tenth of March I think was the article from yesterday or the day before.
BGG – I will say that I’ve heard from very reliable sources, not these goofballs that get together and have conference calls, like group therapy conference calls where everybody confirms everybody else. I have heard from a couple of very high placed sources that there is the possibility that Talibani may come back, but it will be towards the end of March. Exactly what they said. However, I’m not buying into it. I don’t care who tells me that’s what’s going on. I look at it the way I’ve always, everything I thought, I’ve already written down. I just don’t buy into that. Until I see it with my own eyes and it becomes real, I’ll be cautiously looking at that. That’s the way that I’ll put it. So that is what I have to say about that.
MOD – I have a question. Article, it was about one o’clock this afternoon, Sadr threatens massive demonstrations if they do not recognize the budget within the next few days. Sadr told us he would call for massive demonstrations and sit ins open across the country if it does not recognize the budget in the coming days. Is he going to help us get the budget through?
BGG – Yes. I believe so. There’s a lot of different factions going against each other and Sadr is definitely for the people, for sure and this whole thing about the budget being delayed is not good for the people. It’s good for the political parties. It’s moving things forward quickly. It’s really more pressure on Maliki and the government. Sadr had that march about a month ago. There was a million people at that march, that demonstration and he’s already threatened them publically. Sources say that he said if I come back to Bagdad, I’ll bring ten million people with us next time and the word I got was that he’ll burn Bagdad down. They don’t want that. Whatever it is, they don’t want that. All this little mickey mousery that’s going on about Maliki wanting to arrest Rafael Assawi and threatening to open some kind of investigation on him, that’s just pure stupidity because I’m telling you, along the lines of this Sadr thing, Maliki’s got a couple of these clerics in his cross hairs and if he does it, he’s deader than a doornail. He’s so dead it’s beyond death. He’s dead already. The word is he’s a dead man walking in the Middle East. That comes from numerous sources, not just one. Think about it like this. First you’ve got everything on fire, they’re all mad at him. Here in the Unites States, the Federal Reserve is not owned by the people of the government. You’d think it is, but it’s not. It’s a privately held corporation. The same thing applies in Iraq. The Central Bank of Iraq, I’ve got to believe is not likely held by the government of Iraq. That’s what all this fight has really boiled up over is Maliki has said that the Central Bank of Iraq reserves belongs to the Iraqi people and I understand his point, but they don’t own the Central Bank of Iraq. That’s supposed to be a separate independent entity and if Maliki legitimately sold that ten tons of gold, you’ve got to ask yourself who’s ten tons of gold did he get his hands on and where did the money go? He probably has money for a short period of time, a very short period of time. Like I said the other night, it’s to do certain things, but you’ve got to wonder, who way up the food chain has he made really, really mad? You don’t just steal ten tons of gold and get away with it. By the way, I’m not some big wild conspiracy theorist, but if you look at the way the central banks are structured and what they’re designed to do and who runs the central banks, it’s just a stinky situation and I think Maliki is playing in waters he does not belong in. We’ve got a very special friend of mine, Ronnie are you there?
RONNIE – Yea, hey (BGG)?
BGG – How are you Ronnie?
RONNIE – All right. Real good. Proud to be here on this call.
BGG – Well we’re glad to have you Ronnie. We’ll just keep it quiet as to who you are, how about that?
RONNIE – That sounds great.
BGG – Fabulous, good to see you to on the backside here. I’m going to mute you so you go ahead and listen. That was a very special friend of ours and I’ll just leave it at that. Super duper mega famous dude and we appreciate him showing up here. Big supporter of ours for a long, long time. Let me get right to the information. Let’s just do this right now. That information that Double B brought out was the business about Sadr threatening these massive demonstrations, that’s absolutely true, it’s absolutely correct. But you guys ain’t seen nothing yet. From what I understand the next go around with Sadr will make this last one look like child’s play. When I imagined and told people I thought Maliki was under a lot of pressure, I had no idea it was like this. This is beyond, beyond anything I could have imagined. You know what chattels, if you’re here on the back here, I would love to get a little help from you on this article. Maliki had sent his security force to raid some ministry of antiquities. Did you read that? Did you hear about that?
CHATTELS – Well, it was a brief article. Of course it didn’t mention anything about jewels, it talked about ancient treasures and sounded like just another Maliki illegal act of appropriating and interfering with a ministry and a body in Iraq. It was a short article and wasn’t much of a conclusion to draw from it, but sounded like he was again out of line. Hard to know what it was about. Was he trying to raise money by misappropriating antiquities? The article didn’t say that. He was where he shouldn’t have been doing something he shouldn’t have been doing at least according to that article.
BGG – That’s the important thing. We don’t know what he was up to. Whether he was stealing for the country or stealing money for his own personal self, we just don’t know. But he was in the middle of a ministry he didn’t belong in. They are in the middle of attempting to more compartmentalize all these ministries so that in the future they don’t have what’s going on right now happen where you have one guy with his fingers in everything. That’s a good thing in the long run for Iraq. I talked to everybody, that call on the twenty sixth that ultimately landed with an end point for Maliki to show some very serious progress by the end of this week. Then I said once that deadline is met that they’re going to go directly after him politically. And I said that my belief, my opinion, my timeline was, depending on how directly they go after him is going to kind of decide, but I felt like a while back that we were looking at thirty to forty five days from whenever this thing started, probably three weeks ago. So we could be looking at a couple or three weeks yet from here. From today’s date. But now the thing we need to look for is are they going to remove Maliki and how directly are they going to move against him. Those are the things that we have to look for, but here is the amazing, amazing things that have happened in the last twenty four hours. I said basically today was the line of demarcation. Today was the day he really kind of had to and I alluded to that for four or five weeks I was looking at that deadline and essentially when today happened, if you go to the blog that I wrote today and I’m going to put a lot of commentary in the blog that I didn’t put in there. I just put the articles up today intentionally and I put it up fairly late, but you’ve got this Iraqi list, minister of parliament who confirms that he is going to take over the task of questioning Maliki in the parliament. What that means is, essentially the day that I told you they would start moving against him, this guy pokes his head up, they write an article that says he’s going to take the helm and be responsible for the questioning of Maliki in the parliament which means they’re already talking about removing him as of essentially today. The other amazing thing, I’ve said all along was the easiest way to remove Maliki to the United States and that’s pretty simple. You just put your support behind all of his opposition which they have never done. Let me backtrack a couple of days ago, Maliki came right out and said if Assad falls, there’s going to be civil war in Iraq. That’s exactly what he said. I think it was probably blowviation. He just kind of trying to scare everybody to death. I don’t know what his plan is there, but the bottom line is that’s what he said. Today, or yesterday, Beecroft met with the prime minister of the Kurdistan regional government and essentially threw their support behind the KRG. That’s exactly what I read into that situation. Thye agreed. They were completely on board with one another. There was no dissention with one another and they said let’s go ahead and get this done. That’s the United States ambassador to Iraq siding with the KRG. The way you can look at this, there’s been a massive shift in US foreign policy in the Middle East over the last twenty four to forty eight hours. John Kerry showed up today and announced that they were going to deliver sixty million in US aid to the Syrian resistance. This is the guys on the opposite sides of the fence on Maliki. This is the guys on the opposite side of the fence of Bashir Assad and Syria. He’s the guy that’s fighting against the Kurds in Syria. There’s a whole litany of things you could talk about as far as Syrian Kurds and Iraqi Kurds and Turkish Kurds, all that stuff that goes into that scenario. I will also point out that US and Israeli intel, as of today, identifies that the Kurds have essentially for all practical purposes, walled off a northern position in Syria and they are running it in a very stable and well run manner and fashion, just the way they ran the Kurdistan and regional government in Kurdistan. The Kurds have taken that same mentality to their portion of Syria. I don’t know how all that’s going to work. Here’s the interesting thing to me. How do you get rid of Maliki? You give support to his opposition and that’s exactly what the United States did today. There’s talk in the parliament about how to remove Maliki. They’ve already got a guy that stood up and said he’s going to be the one that questions Maliki. Now it’s just a question of how vigorously are they going to approach that scenario? I thought that series of events was a huge eye opener. As far as I’m concerned, today was a significant shift in alliances. I don’t think we’re looking at today or tomorrow, but I do think that the last forty eight hours is significant as far as our situation. There was an article I put into the blog about the finance of the budget that the 2013 budget will be in the new currency after deleting the three zeros. Here’s what that appears to me to be. I put that article in there. It’s interesting to read. I don’t know that I’m buying into that. What it looks to me, like an article that’s a couple of months old probably. It’s been rehashed. It’s still legitimate information, but it looks like an op ed prognostication is exactly what it looks like. I don’t know that we can look at that as absolute information just yet, but it’s interesting is what I’ll say. The Al Assawi, the Finance Minister, here’s how he ties in to all this. Maliki has been after him and after him and after him because Maliki just attacks the highest ranking Sunni member of this government at any given time and that’s exactly what Al Assawi is, he’s the finance minister and he is the highest ranking Sunni member of the GOI to date. Here’s what was interesting about him announcing his resignation before the demonstrators. He’s just telling them he’s siding with the demonstrators against Maliki today. If you’re looking for an absolute date, Friday was the day. Today was the day because here is the highest ranking member, the highest ranking Sunni member of the government of Iraq who is essentially rolling the dice on his future over these demonstrations. See, you’ve got to ask yourself what does he know that we don’t know? There’s something very important there. Now Maliki came out and there’s another article that I have not put in the blog yet, but it’s somewhere, maybe chattels can help me, but Maliki said no, I’m not accepting his resignation, we need to do some kind of interrogation or some kind of seek and destroy mission in there. Something along those lines, but it’s basically, he’s just a special place in his heart for whoever the ranking Sunni is and he’s going to do the most evil things that he can think of to get rid of them. He did the same thing to Tarik Al Hashimi and I will bet you any amount of money when this deal is over that Al Hashimi comes back to Iraq and he has a very good chance of being a prime minister in Iraq’s future. I really think he does. Any muslim who survives a death sentence over there is going to be a potential rock star. That’s what I’ve seen happen the last 24 hours. What does that mean? It means essentially, the first part of my timeline when I talked to you on the twenty sixth is pretty much sitting in your laps. Now the next interesting thing is to see exactly where we go from here and what does that mean to us, so the point is we’ve got to keep our eyes and ears peeled for the news over the weekend. I would think it’ll ramp up a little bit. Your next opportunity for a very big protest is going to come this next Friday, but I think basically we’re on an any minute because here’s some very significant news about what they’re going to do about Maliki. Really, Maliki is the doorway to a more stable Iraq. I love the term that chattels used that Maliki is the doorway to a more stable Iraq and our liquidity event. That is exactly where we sit right now.