AMERICAN CONTRACTOR, CLEARING THINGS UP !!!!!!!!!

Clearing Things Up!!! (Shabibi Update)


It appears that my last post may have caused some confusion amongst
a few readers and I would just like to begin by clarifying
something. Dr. Sinan Shabibi is NOT under house arrest. That is not
the case and it appears that I was once again, misquoted. Dr.
Shabibi can not leave the country for the time being. That is all.
This is not the same as house arrest. How long this order will be
kept active is anyone’s guess. I have no other information on this
only that I have witnessed him being served with the order. The
Arabic Translation from the written order in English stated “Forced
Residency”. This order was given after the meeting with the
Council of Minster on June 19th. This was when Dr. Shabibi was
advised not to leave the country. It is important to note that Dr.
Shabibi is one of two people in the CBI that will be asked to
present the Re-Denomination report to the Council of Ministries
when asked in the future.

When I recently wrote that Dr. Shabibi did not attend the 2011
International Arab Banking conference in Rome, Italy I stated that
because it is FACT. He was NOT there. The only thing I can tell you
is to look at and review all the news articles that came out in
regards to that meeting and I challenge anyone of you to find even
one article quoting Dr. Shabibi from the Arab Banking Summit.
Anyone saying he was there is mistaken. The confusion might stem
from all the news articles prior to the Arab Banking Summit listing
him as a guest speaker. However, you will discover that there is
not one article quoting him at the Summit event. It is customary
for him to speak at these meetings when he is an attendee. Dr.
Shabibi was quoted in prior Summit meetings in 2008 and 2009.

Chapter Seven

Contrary to what a few keep saying, Iraq and Chapter Seven will
most likely continue till the next review by the United Nations, in
December 2011. In another twist, Kuwait’s newly planned port, will
more than likely obstruct the commerce of Iraq’s only main deep
water port. The Kuwait government has assured the United Nations
that the new port would not violate the sovereignty of Iraq. This
will continue to be an issue in the months to come as Iraq is
challenged again to be released from Chapter Seven. The Iraqi port
has yet to be expanded and rebuilt due to lack of funding.

There is a lot of disinformation in regards to the Erbil agreement.
The word out there is that PM Maliki has to give up power and
this is just not true. PM Maliki does not have to give up his
power he just has to conduct Power Sharing with the al-Iraqiyah
list leader Iyad Allawi. PM Maliki is against the sharing of power
at this present time.

The Development Fund for Iraq
Some people appear to be confused in regards to what is happening
with the DFI fund. The account which the funds are located are in
the Federal Reserve Bank of New York and will remain for years to
come. The fund will most likely have a name change although the
name has not been revealed as of yet. 5% of the proceeds coming
from the oil sales each month goes to a special account the United
Nations has set up to pay for the reparations for Kuwait. Iraq
still owes 25 billion dollars to Kuwait.

Contrary to what some are claiming, Dr. Sinan Shabibi has never
said that he will RV the currency to meet the Iraq budget.

Another false statement made, the Iraq inflation rate is currently
7% and is rising due to increase in import prices not because they
don’t have a tradable currency.

Regardless of all the disorganization and pace of a snail, Iraq
continues to make progress and strides in the banking sector as
well as the overall economy. I am hopeful that we will be able to
speak more positively in the coming months about all the
advancements and progress being made.

Sorry Im gonna go ahead and cash out without you.....
You've missed so much, try not to miss that.

Contractor, you seam to be one that is always negative. In fact I have often thought that maybe you were one that was hired to perform the smoke and mirrors tricks.

Without much inside information or intel to personally go on I can only go on by what I read and hear from others. What I can say from what I personally hear is that everyone is on board with this except our contractor people...they seem to be the biggest source out there being so very negative. Now don't get me wrong. We all try to read between the lines because we want to see what we all want to hear its RV time.
The proof is in the pudding as they say, when I personally went to the bank this past week I was told next week. I'm sticking with that.
I pray we will all be blessed in ways we could never imagine. May those blessings be used in ways that will help many.
To all those out there working hard...Thank You...to those that serve our country and stand in harms way!! Thank You!! To my son, you gave so much!! Now reap from it!!