Mnt Goat News Brief 3/31/20

Hi Everyone,

I bring you much news today.

WOW! Made it through March already. Onward to April. Still not RV or Reinstatement. I don’t care who is telling you their bullshit. Simply shut if off and don’t listen or read this crap. There is no RV or Reinstatement.

There are lots of articles out there about many options and suggestions as to how Iraq intends to deal with the down turn in the oil revenues. These are ONLY suggestions and, as investors, should not read these articles as their permanent solution, not yet anyhow. Let the rhetoric flow and let these economists and MPs have their say. Suggestions like to print more currency is only a suggestion and nothing more. They want electronic banking and so the CBI will force on them, if they have to, like it or not. Why have the ATMS, if they are only going to receive their salaries in their bank account and then slowly withdrawal it all via the ATM and place it under their mattresses again. No, NO, NO! This is the battle of their economy.

Take this all with a grain of salt. Nothing will be done until the new PM is ratified. They can not proceed without him/her and so the pressure is on. Of course if the CBI did print more dinar this would be disastrous for us investors and this might lead to many more years of collecting them to position them for a reinstatement all over again.

More news….

Advisor to the Iraqi Prime Minister reassured the appearance of Muhammad Saleh, on Saturday, that the salaries of their salaries are a priority for the government, while he indicated that the issue of printing the currency is merely a "personal opinion" and a proposal that is not consistent with the Central Bank Law .

More news….

AL-FATEH: SALEH PRACTICES A “ARM-TWISTING” POLICY WITH SHIITE BLOCS

On Saturday, the deputy from the Al-Fateh Alliance, Uday Shaalan, attacked the President of the Republic, Barham Salih, accusing him of practicing a "arm-twisting" policy with the Shiite forces in order to satisfy the American side.
Shaalan said in a press statement that "President of the Republic Barham Salih violated the constitution when he refused to assign the candidate of the largest bloc, the Construction Alliance," saying that "Salih practices a policy of arms with the Shiite blocs to please the American side."
He added that "Al-Zarrafi's choice was planned by the President of the Republic, and we will work to overthrow him within the parliament according to the legal and constitutional frameworks."

More news….

Iraq’s post-pandemic future depends on breaking Iran’s hold. While we deal with pandemic, Baghdad faces US demands to move away from Iranian influence. Important story.

https://www.al-monitor.com/…/iraq-post-pandemic-future-iran…

More news….

THE IRAQI GOVERNMENT REASSURES EMPLOYEES AND COMMENTS ON "PRINTING THE CURRENCY

Advisor to the Iraqi Prime Minister reassured the appearance of Muhammad Saleh, on Saturday, that the salaries of their salaries are a priority for the government, while he indicated that the issue of printing the currency IS MERELY A "PERSONAL OPINION" and a proposal that is not consistent with the Central Bank Law .

Member of the Finance Committee in the House of Representatives, Faisal Al-Issawi, revealed on Sunday, the only option that pays Iraq for monetary printing, while he warned against losing the Iraqi currency its value, in case Iraq resorted to the option of monetary printing.

Al-Issawi said in a press statement, "The continuing decline of oil may lead Iraq to think of the option of printing currencies, but this requires the development of a full monetary plan to keep the value of cash from collapsing or inflation."

He added that "the option of cash printing is a final door for Iraq to meet the needs of salaries," noting that "the salaries for the month of March have been completely completed, and we are working to create resources to provide the resources for the month of April."
Al-Issawi said that "the sums of oil do not cover 50% of salaries, and we need to go to other resources."

And he warned against "printing cash without studying, because it will enter Iraq with a bigger problem, and it will go to the markets without a dollar blanket of cash in the central bank, which makes it a piece of paper to set it up in the world."

More news….

Just in Monday March 30th
Al-Nasr coalition revealed the existence of a near-political consensus on passing the government formation of the Prime Minister-designate Adnan Al-Zarfi.

The coalition deputy, Faleh Al-Ziyadi, said in a statement that the Prime Minister-designate, Adnan Al-Zorfi, started the dialogues of forming the next government with an escalating pace with the various political blocs, in order to complete the file of forming the government DURING THE NEXT TWO WEEKS, noting that Al-Zrafi is open to all the opposition and non-objection political blocs. .

More new….

The strategic expert, Karim Al-Karawi, revealed that the net oil price for Iraq reaches only $ 10, noting that this matter means bankruptcy of the state treasury.

Al-Karawi told Al-Ikhbaria that "oil reached $ 20, foreign production companies deducted production costs and accounting firms also deduct a percentage from it, as well as Kuwait compensation and loan interest, which means that its net price to Iraq reaches ten dollars."

He explained that "the extraction companies are not obligated to reduce production and this means bankruptcy of the state treasury and will lead us to the same position as Greece", indicating that "the only solution is to nationalize the oil and issue treasury bonds that are payable after a period of five years on the price of a barrel of oil not less than $ 50 and a schedule Foreign debt and expenditure pressure, but before all these steps we need an economic mindset, such as the Greek financial whiz who led negotiations with Europe.

More news….

CRITICIZED THE SHIITE POLITICAL BLOCS AND THEIR HANDLING OF FORMING THE IRAQI GOVERNMENT

Baghdad / news
The researcher on Iraqi affairs, Abdul Salam Al-Aythawi, criticized the Shiite political blocs and their handling of forming the Iraqi government.

Al-Ithawi said in a tweet on Twitter, “YOU VIOLATED THE CONSTITUTION BY NOT CALLING THE LARGEST BLOC; YOU DID NOT ABIDE BY THE TIMING OF TIME; you failed to choose a non-controversial figure; the decisions of your Seven Committee did not see the light.”

“You will not succeed with anything even if we have waited for you for 100 years, because YOU ARE SIMPLY A GROUP OF LOSERS AND MERCENARIES WHO REPRESENT IRAN’S PROJECT IN THE REGION. It is only true that it is true.

(Mnt Goat – yes, it’s a reality check for Shiites!)

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Formal Articles are below. Due to FACEBOOK limitations they do not print my RED colored fonts or italics, so my comments are in brackets ( ) throughout the articles. I will preface my comments with “Mnt Goat” so you know I am jumping in with observations. Also, I separated the articles with asterisks.
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Articles Begin

ECONOMIST: IRAQ WILL NOT STAND UP TO THE CRISIS AND THE DOLLAR EXCHANGE RATE WILL RISE AFTER 6 MONTHS

Economist Salah Al-Zaidi said on Tuesday that Iraq and IF THE CRISIS PERSISTS, IT WILL NOT LAST FOR LONG, POINTING OUT THAT THE DOLLAR EXCHANGE RATES WILL RISE ABOVE ITS NORMAL LEVEL AND THE CENTRAL BANK WILL LOSE ITS CONTROL AFTER 6 MONTHS of the day in the event of continuing low oil prices.

"The reserves of the central bank amount to 60 billion dollars, but this amount and if it was manipulated, the dollar exchange rate will be affected if the current economic crisis continues," Zaidi said in a statement to "The Information."

He added that "THE CONTINUED DECLINE IN OIL PRICES WILL LEAD THE CENTRAL BANK TO USE THE CASH RESERVE TO COVER THE MARKET NEED AND THE OPERATIONAL BUDGET, and therefore the dollar’s scarcity in the markets will raise the dollar value against the dollar, especially if the current situation continues to more than 6 months."

And that " Iraq should resort to other means to enhance its budget, especially as there are a lot of resources that are not utilized properly, including religious shrines, tourist sites, state properties, agricultural and residential lands belonging to the Ministry of Finance, in addition to housing complexes that could be an alternative to oil imports."

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IRAQ’S PRIME MINISTER-DESIGNATE ADNAN AL-ZURFI OUTLINED THE PROPOSED AGENDA OF HIS GOVERNMENT SHOULD IT BE SEATED.

SULAIMANI — During a meeting in Baghdad with ambassadors from European Union countries on Saturday (March 28), Iraq’s Prime Minister-designate Adnan al-Zurfi outlined the proposed agenda of his government should it be seated.

Included in his priorities are holding early elections, prevent the country’s economy from failing and mitigating the damage done by the coronavirus outbreak, reducing poverty, and imposing rule of law.

Zurfi expressed concern about the threat posed by the global fall in the price of oil, but confidence that Iraq could overcome the crisis and limit the economic damage. Approximately 90 percent of Iraq’s budget comes from the export of oil and the current price slide poses an enormous challenge to the government’s ability to face down the many social, economic, and political problems that it faces.

The prime minister-designate also expressed his condolence to the ambassadors for the toll that the coronavirus pandemic is taking in Europe and discussed the measures that Iraq was taking to fight the virus. Iraqi President Barham Salih tapped Zurfi to form a government on March 17, leaving him a little more than two weeks from now to accomplish the task.
(NRT Digital Media)

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SOURCE: AL-ZARFI PLANS TO CHANGE THE SYSTEM OF GOVERNMENT WORK

A source close to the Prime Minister-designate, Adnan Al-Zarfi, revealed today, Saturday, his intention TO CHANGE THE PATTERN OF GOVERNMENT PERFORMANCE PREVAILING IN THE COUNTRY’S MINISTRIES AND INSTITUTIONS.

The source pointed out to “Al-Ghad Press”, Al-Zorfi’s intention “to stop government support for the productive ministries and obligate them to pay water and electricity wages and any other services and treat them like the profitable companies responsible for securing logistical support on their own, and adopt a two-meal system instead of one meal, to raise the level and efficiency of production and get rid of Slack career and disguised unemployment. ”

The source noted if his cabinet was passed to “his desire to link the ministries of Labor, Social Affairs and Trade directly to the Prime Minister in the context of his taking over the file to reduce the level of poverty in the country and support the needy families and address unemployment, in a clear reference to activating the work system of the ration card system and deliver it to those who really need it,” Besides controlling spending on the poor family within the Social Welfare Law. ”

He continued, “His interest in moving the CIRCULATING CASH BLOCK THAT IS CURRENTLY SUSPENDED DUE TO THE RELUCTANCE OF CITIZENS TO DEPOSIT THEIR MONEY IN BANKS BECAUSE OF THEIR LOSS OF CONFIDENCE IN GOVERNMENT and private banks, as well as the approval of a new law regulating and moving the work of the banking sector in the country, as well as starting to prepare a feasibility study for the activity and productivity of each of the ministries Government, accompanied by the adoption of packages in project management in accordance with the principle of reward and punishment. ”

The source also noted that “the advisory team of the Prime Minister-designate has completed the setting of specific specifications and conditions that must be met in each of the ministers who are candidates to share their portfolios in the upcoming booth, without disclosing those terms and conditions.”

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WASHINGTON IS CONSIDERING ITS OPTIONS .. US OFFICIAL: IRAQI HIZBALLAH PLANS TO TARGET AMERICANS

A Washington official has revealed indications that the Iraqi Hezbollah Brigades are seeking to attack American forces, and that they have become more aggressive, while the administration of President Donald Trump is looking into confrontational options.
The Washington Post quoted a US official as saying that officials receive near-daily reports of impending attacks by the Iraqi Hezbollah Brigades on American military or diplomatic facilities.

The source added that the Iraqi militias backed by Iran have become more aggressive in attacking the American army in Iraq, and that their attacks have been repeated and are being carried out in broad daylight.
The newspaper said that the Trump administration is considering taking steps to confront the militia without triggering costly reprisals, but it is divided over how and when to respond.

The Washington Post reported, citing two sources, that the administration discussed on the eleventh of this month a list of targets, including sites linked to the Revolutionary Guards in Iran and Syria, but the proposal was rejected for fear that it would lead to a
further escalation.

ATTACKS AND THREAT
The Iraqi army said on Wednesday that two rockets landed in the Green Zone in Baghdad, which includes government buildings and foreign missions, including the US embassy, indicating that there were no casualties, in conjunction with a threat by the Iraqi Hezbollah to target American facilities if America carried out an airdrop against "sites" Security forces and the Islamic crowd and resistance. "

A few days before that, US Secretary of State Mike Pompeo warned that the United States would respond "duly" to any new targeting of Americans, as the Taji base north of Baghdad was attacked by a missile attack that killed two American soldiers and a British female soldier.

Last week, the international coalition against the US-led Islamic State announced the withdrawal and repositioning of its forces in Iraq for fear of an outbreak of the Coruna virus, expected to continue to support the Iraqi security forces through a few bases with fewer affiliates.

The attacks on the Americans in Iraq increased after the assassination of the Iranian Quds Force Commander Qassem Soleimani and Abu Mahdi Al-Muhandis, deputy chief of the Iraqi Popular Mobilization, in a US raid near Baghdad airport on January 3
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Articles End

Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,
Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

In ending I want everyone to know your constant prayers in the fight against evil (ISIS) and now the corruption in Iraq have worked. God has guided these young men and women on the battle field. He has guided the honest, patriots of Iraq to fight for their homeland. So this new war now on our citizens is underway. New battles are raging every day over corruption. These are battles to save our societies from the corrupt politicians and secret societies who are bent on taking what they want from our current wealth and from future generations without our permission. We must keep praying for the end to the rapid corruption and enslavement of people in Iraq and also in the United States. We must pray for our leaders that they may be anointed by the Holy Spirit and guided to do God’s work. We must stand by them and let them know we are still there to support them, even after the election is over. I have composed a prayer maybe we can all pray today in our own way and until the reinstatement of the Iraq dinar occurs.


PRAYER

“For all leaders of all nations, that they may be anointed by the Holy Spirit to do God’s will and work to bring about abundance and prosperity to their nation.

To fight this waging war on corruption, our freedoms, our liberties, socialist plans and injustice.

To bring all those corrupt to justice and pay for their crimes no matter how high up in the government they are.

That the FREE WORLD may be a shining example for the rest of the entire planet.

In the name of Jesus Christ our King and Savior, Amen”


Auf Wiedersehen
Much love to ya all,
Mnt Goat

TONY AND RAY---THE SAME OLD BULLSHITTERS ARE ON.  MY SUGGESTION IS TO TAKE YOUR DINAR AND WIPE YOUR A-- WITH IT. THIS THING IS NEVER GOING TO GO. 610 JUST MADE HIS PLEA FOR MONEY. LADIES AND GENTLEMEN-- MY TAKE IS THIS--SEND YOUR MONEY TO ORGANIZATIONS THAT ARE HELPING PEOPLE---NOT TO THESE TWO IDIOTS WHO ARE BULLSHITTING YOU DAY AFTER DAY. GIVE TO TRUCK DRIVERS, DELIVERY PEOPLE, POLICE, FIRE EMT'S NOT THESE TWO JERKS WHO ARE DOING NOTHING FOR US.  'THE DINAR IS DEAD' JUST LIKE THE TOWEL HEADS IN IRAQ. THANK GOD FOR TRUMP--AND THANKFULLY WE DON'T HAVE OBAMA AS PRESIDENT. NOW IT'S TIME FOR ALL THESE GURU'S TO SHUT UP---ESPECIALLY RAY, TONY, FRANK, MARKZ, BRUCE---THE DINAR IS FINISHED.

BY THE WAY---A--HOLE TONY IS TELLING PEOPLE TO BUY MORE DONG WITH THE MONEY THEY WILL BE GETTING FROM THE GOVERNMENT. HOW STUPID--PEOPLE NEED THIS MONEY FOR FOOD AND BILLS---I THINK HE SHOULD GO BACK TO JAIL. THIS IS WHAT I MEAN ABOUT TAKEN ADVANTAGE OF PEOPLE, ESPECIALLY THE ELDERLY.--THESE PEOPLE TRUST THIS A--HOLE. PUT HIM BACK IN JAIL. WHILE HE IS THERE HE THAN CAN PLAY WITH HIS DONG..WHAT A SLEAZEBALL--