BGG: Subby would you mind bringing the prayer Jarhead was so kind to put together for us??

MOD.subgirl: [6:53 PM] jarhead : Gracious and Heavenly Father we ask you to forgive us of all of our sins. We ask you to protect us, guide us as we seek your wisdom. Please bless our marriages, our families, friends and all we know. We ask especially to bless the ones that donít know you God and intervene in their lives. Lord, bless the sick, elderly, handicapped and especially our veterans. We as a country would not be where we are without them. May this blessing we are about to receive further your Kingdom as you see fit. And may we serve you in righteousness within your will. AMEN and AMEN. Praise God and the Lamb of God.

BGG: Jarhead... "especially our veterans..." AMEN... I recently put one of my FAVORITE pics on the internet on my FB page. You ought to see it...
BGG: when you do - you'll know what I'm talking about.
BGG: we all ready for this??

BGG: All of our esteemed News Researchers are welcome to help out here (and if that's not you - use your ???'s from here on)...

BGG: in fact, our News peeps are highly encouraged to chime in - I see Romello over there

BGG rcookie: To get things going here...
BGG rcookie: you had something of a bombshell to start us off??

rcookie: POSTED SOME THINGS RELEVANT TO CBI ORGANIZATION TODAY...CONCERNING FIREFLY POST ABOUT KEYWORDS TITLE PRESIDENT CONSERVATIVE AGENCY....

BGG rcookie: Bring it brother - tell us about it!!
BGG rcookie: that and the Maliki/palace comment are likely THE STORY - right now...

rcookie: THIS IS A REPORT FROM 2014 THAT GIVES BACKGROUND INTO REPLACING CBI GOVERNOR & CREDENTIALS ETC...

rcookie: CBI management and the role of the House of Representatives
Posted on October 30, 2014

rcookie: Ali al-Rubaie
Chaired by the Iraqi Central Bank Governor called (Governor of the Central Bank of Iraq) The senior management of the bank. Successive governments have been keen to entrust the presidency of the Iraqi Central Bank management,
the character of its economic weight in the banking and economic sphere, as this has the effect of ensuring good management of the bank, and because the governor is a manifestation of the state, and to address the financial reputation.
Requires the Central Bank of Iraq Law No. (56) for the year 2004 in the appointment of the Governor to be a holder of a "college degree at least, and to have a long professional experience and specialists in
banking or economic, financial or commercial or law fields (M 12/1).

and have the rank of minister and appointed by the Prime Ministerís proposal and the endorsement of the House of Representatives (13 m / a). This means that the House of Representatives interval role in the report of the CBI charge managemen

rcookie: (Been appointed D.sinan Shabibi) conservative "of the bank in 2003.

He holds a doctorate degree in economics from Bristol / England in the University (1975), and is one of the most well-known personalities globally" in the field of economy, and continued in the Bankís management to 2013, even forced to flee out of Iraq after the issuance of an arrest warrant by the following issue (currency) auction,
and sentenced him in absentia to prison for seven years. The public opinion D.cbibi victim of a conspiracy, or that the actions taken against him are the price we pay for maintaining the bankís independence and professionalism and not to be exploited for personal ends.

As a result of the vacancy of the governor, the Prime Minister assigned the job agency to d. Abdul Basit Turki head of the BSA, has this power of attorney took into account the need to be (the agent) the rank of minister to verify the qualifications required by the law in the appointment of the governor


but did not

rcookie: take into account the separation between the head of the BSA as a supervisor at the bank and the post of the governor as a subject to censorship Diwan.

After commissioning d. Haider al-Abadi form a government, outgoing Prime Minister Nuri al-Maliki held a meeting of the Council of Ministers and reportedly went where the decision "commissioned by Ali Ismail Keywords position of Governor of the Central Bank and the Agency and the referral of Dr. Abdel-Basit Turki to retire.
It was Alak employees" entitled (inspector general) in the Ministry of Oil, He is the function of the Secretary-General of the Council of Ministers and the agency.

Taken this decision that the President of the Audit Court referred to retire before the end of his tenure in the Cabinet, while does not have a prime minister or cabinet this jurisdiction, but it is the prerogative of the House of Representatives, because it is the body that has the power to appoint the minister and to allocate it to retirement.

rcookie: As Prime Minister did not ask for an exemption from the House of Representatives conservative (D.sinan Shabibi) from office after being sentenced to prison, and the appointment of a substitute "him, as required by law, but kept the post vacant" and administered by proxy.



This decision was issued after the mandate of Prime Minister Nouri al-Maliki and commissioning Prime Minister (D.haidar Abadi) to form a government, which means it is a caretaker period and may not be during this period of the Prime Minister make changes in the legal centers of Ministers or who is the rank of minister because they do not fall within the meaning of the caretaker.


If the Prime Minister assigned to any Minister of the Department of the Ministry of the other through a specialist agency in the absence of the minister the authority, which is what happened in the Franchise Head Office of Financial Supervision and the functions of both the conservative rank of minister.

rcookie: Keywords not valid power of attorney, an employee entitled (inspector general) in the Ministry of Oil tasks Governor of the Central Bank.


Because it is supposed to solve Minister Minister specialist shop accidentally Agency especially in the case of his absence, "and that the minister exercised a sort of terms of reference not only practiced by the Minister.
And may not be assigned to the ministerial office employee chooses the prime minister.

In addition Whoever holds the position of the conservative path of the agency, as required in the terms of appointment of the Governor,. While the legal requirements for the appointment of the governor in the relationship is not available,

appointed governor "of the bank to be enjoying his" experience long career in the field of financial and economic work, while does not have a relationship any experience or practice in this area.

rcookie: And the article that World Bank President Keywords met in one of his visits to Iraq adds Vsrah after the meeting that Iraq needs economic efficiencies lacking now.

"He also said Alak political person, and assigned the management of the central bank is contrary to the principle of independence of the bank, which stipulated in Article (2 / 2) from the Iraqi Central Bank Act, and other provisions enshrined.

This topic has dangerous dimensions of the interests of society, because the law entrusts the Governor competencies relevant to the financial situation of the state, including the issuance of currency and the signing of the bonds and the cash reserve management and the issuance of decisions relating to monetary policy of the state and represent Iraq in international forums.

rcookie: It is dangerous to be appointed Governor or hire someone to do his duties fraught not legal, because this drawback applies to the legitimacy of the decisions or actions taken by that.


Not supposed to be the House of Representatives abandon its role in the central bankís management and ensure its independence, which is what happened while leaving the choice of the governor and agency to the Prime Minister,

but to have a position in it, and if the House of Representatives in the previous session had sat for exercise its powers, there is no justification that later than that in the current session.

rcookie: THIS IN COMBINATION TO THE QUALIFICATION REQUIREMENTS OF CBI GOVERNOR AND GROUNDS FOR REMOVAL....MAKE KEYWORDS BEYOND VULNERABLE TO OUSTER....

rcookie: ESPECIALLY GIVEN GROUNDS FOR SHABIBIS REMOVAL IN 1ST PLACE....

Loop: WOW - "He also said Alak political person, and assigned the management of the central bank is contrary to the principle of independence of the bank, which stipulated in Article (2 / 2) from the Iraqi Central Bank Act,

_firefly_ rcookie: Ummmmmmm .......... BINGO !

rcookie: BOULYAAAAAH!!

MadDScout: Woop!

BGG rcookie: BOULYAAAAAH!!

firefly_ rcookie: NICE TO FINALLY SEE IT IN PRINT

BGG rcookie: (my ALL TIME Favorite commercial)

rcookie: THAT IS THE ONLY VERBIAGE TO PRESIDET CONSERVATIVE AGENCY REFERENCE FOUND...

rcookie: Article 2 Legal capacity and autonomy1. The CBI, established under the Central Bank of Iraq Law, Law No. 64 of 1976, as amended from time to time, is a legal entity with the full capacity to enter into contracts, to sue and be sued, and to carry out its functions under this and any other law. In carrying out its functions, the CBI may: (i) administer and hold property, (ii) hire staff, define their duties,

BGG: Ok - here's the BOMBSHELL...

BGG: (or one of them)...

_firefly_: LOL

BGG: RCookie brought it

BGG: Loop highlighted it.

BGG: Loop: WOW -
"He also said Alak political person, and assigned the management of the central bank is contrary to the principle of independence of the bank, which stipulated in Article (2 / 2) from the Iraqi Central Bank Act,

BGG: and here's what it means...

BGG: they are pointing out that Alak was a "political appointee" and NOT IN LINE with the INDEPENDENT SPIRIT -
BGG: INTENDED FOR THE CBI...
BGG: as stipulated in Article 2/2 of the CBI Banking Act...

larrykn: sounds like they are about to kick him out
larrykn: which I'm surprised that hasn't happen already

Loop: Who said that? World Bank President is who!!

larrykn: alak

rcookie: OR QUALIFIED....AND IN FAILURE OF VERY PERFORMANCE CRITERIA SHABS WAS ORIGINALLY RELIEVED FOR...AND WHY CALLS FROM SADR..SISTANI....INTEGRITY...MP'S...ECONOMISTS...A ND LIST OF 71...

http://investpromo.gov.iq/wp-content...nk-2004-En.pdf

BGG: and THAT my friends... IS VERY GOOD NEWS...

rcookie: AGREED LARRY...KEYWORDS SHOULD HAVE BEEN 1ST ONE SUBJECT TO PERFORMANCE REVIEW PANEL....

BGG: Bravo - Rcookie!!

maine: so he is illegally there: and all his actions are illegal as well?

jimplants: CAN WE SAY STATES EVIDENCE

larrykn: Keywords should be responsible for all the money lost by the cbi

rcookie: THATS WHAT THE NARRATIVE OF THAT REPORT IS MAINTAINING...AND THAT IS FROM HIS PLACEMENT ON TO TODAY...

quicktolegit96: IRAQ GOI JUST FIGURED THIS ONE OUT LOL

BGG larrykn: From your lips to God's ears... of course Maliki put Alak in to "buffer" things for Iran for a while... and continue feeding the corrupt machine for a while yet.

larrykn: and when will that stop

rcookie: THE CRITERIA FOR REMOVAL OR RESIGNATION

IS IN THIS PAPER

HERE IS A LINK AGAIN TO ENTIRE CBI HIEARCHY AND ORGANIZATIONAL STRUCTURE..
http://investpromo.gov.iq/wp-content...nk-2004-En.pdf

BGG larrykn: this is surely what has taken Abadi this long to get done. However, he continues to erode the former Maliki regime.

larrykn: I agree go Abadi

rcookie: AND THEY ARE DROPPING LIKE DOMINOES!!

jarhead: THEY KNOW THEYRE DEMISE

Risk: Troubling how entrenched these appointee's have been...

BGG Risk: Really?!? Like - UGH!!

BGG: OK - News Peeps...
BGG: aside from this piece by Rcookie...

BGG: and the ensuing debate over ALak and his replacement - what do you guys see as the #2 piece of News today??

BGG: This is from MadDScout...

MadDScout: Iraq vows to activate the banking and financial dealings with Iran

Read More :http://www.dinarupdates.com/showthre...ings-with-Iran

MadDScout: http://www.dinarupdates.com/showthre...ings-with-Iran

MadDScout: A lot of economic activity
MadDScout: with all the boarder countries
MadDScout: stuff I like anyway
MadDScout: Hard to follow rcookies news though

BGG: Great point - I think there may be something to this..

rcookie: HUGE MEETINGS IN THAT REPORT MADD!!!

_firefly_: I think Christine Lagarde's appointment to another term is pretty darn big.

MadDScout: Did you see whos Pres

BGG: "this" being Iran and Iraq (natural neighbors) looking to get a "jumpstart" on the international acceptance they are both about to enjoy...

MadDScout: right now can't pull out of my head

BGG: and freely interact with one another.

Loop:
revitalize the banking and financial transactions between the two countries and promised to the Iraqi side to follow-up the serious to this topic problems and the removal of in front of the banking and financial transactions between the two sides.

MadDScout: Turki

MadDScout BGG: I mean it sounds at least like a prelude to international
MadDScout: Egypt signed some MOU's today

BGG MadDScout: Agreed - sounds like that to me as well.

Loop: Banking between two countries is international

MadDScout: more commerce

rcookie: ARAJI...PRES NATIONAL COUNCIL IRAQI INVESTMENTS...COOPERATION INVESTMENT PLACEMENT...SWIFT CODES BACK UP FOR MOST OF IRAN BANKS SINCE LAST SAT....

BGG rcookie: Go on...

rcookie: IRAN IS PLUGGING BACK IN...SHIPPED 4 MILLION BARRELS OIL TO EUROPE LAST WEEKEND ALSO...

rcookie: TRADE PROTOCOL AGREEMENTS SIGNED WITH IRAQ WEDNESDAY...IRAN/IRAQ TRADE EXHIBITION ENDED TODAY.....SYNERGIES!!!!

rcookie: FLOWING LIKE WATER FROM MOSUL DAM......

wmawhite: Combine that with all of the other two dozen trade agreements.

firefly_ MadDScout: Egypt announced it today

rcookie: AND THEY ARE IN THE MIDDLE OF ECONOMIC & SOCIAL COUNCIL CONFERENCE IN CAIRO...

rcookie: Iraq participates in the meetings of the session {97} of the Economic and Social Council in Cairo
Read More :http://www.dinarupdates.com/showthre...-Council-Cairo

Meginhim: any idea if Iran will RV their currency anytime soon?

BGG Meginhim: that is not impossible - but they have a bit of a bumpy road right ahead.

rcookie: THE REPORTS AND STATEMENTS I HAVE READ FROM IRAN CENTRAL BANK GOVERNOR...WERE THAT ANY POST SANCTION CURRENCY VALUE CHANGE WOULD BE EXPLORED ONCE THEIR INFLATION LEVELS WERE STABLE....

Meginhim: Did Abadi announce National Reconciliation like they said he was going to ?

rcookie: I DID NOT SEE ANY ANNOUNCEMENT FROM ABADI TODAY...HOWEVER HE IS APPEARING IN PARLIAMENT TOMORROW TO REVIEW CABINET RESHUFFLE REFORMS...

cjquade54: THE REPORTS AND STATEMENTS I HAVE READ FROM IRAN CENTRAL BANK GOVERNOR...WERE THAT ANY POST SANCTION CURRENCY VALUE CHANGE WOULD BE EXPLORED ONCE THEIR INFLATION LEVELS WERE STABLE....

cjquade54: said that could take up to 2 years

rcookie: CORRECT....

BGG: OK gang - any last questions??

horsegal: were you going to say something about MALIKI?

BGG horsegal: other than he's a SCUMBAG??
BGG horsegal: other than that?

maine: will the reading on the amnesty law take place on Sunday as announced?

rcookie: THE REPORTS I SAW SAID AMNESTY WAS TOMORROW ALONG WITH ABADI VISIT...AND ACCOUNTABILITY & JUSTICE ON SUNDAY...

MadDScout maine: unless someone has different I read they were trying but were banging out some points and "hoped" they could have it in the next session for vote.

buck: just heard from a newshound here that the amnesty law is in the law library already...done...

maine: ok good! madscout because that and the federal court law should wrap it up

MadDScout: Fed court is set for first part March

rcookie: AND CONSCRIPTION LAW HAS BEEN ANNOUNCED FOR MID YEAR BY OBEIDI AND MASSUM...

BGG: That's the word for tonite...
BGG: Great News Time... good to have our News peeps with us.

rcookie: THAT CAIRO CONFERENCE IS BIG ALL....

BGG: Got some news coming tomorrow... hang in there!!

MadDScout rcookie: Is that the one Turki is at?

Meginhim: What is constriction Law?

rcookie: CONSCRIPTION....IN LIEU OF NATIONAL GUARD...COMPULSORY MILITARY SERVICE....

Loop Meginhim: Manditory service in the armed forces
Loop Meginhim: Would be instead of National Guard

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