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Arthur is pumping the hopium well saying we are looking for major movement on the HCL thus leading to what we are all waiting on.
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Arthur is pumping the hopium well saying we are looking for major movement on the HCL thus leading to what we are all waiting on.
Arthur
There are people out there saying it has nothing to do with HCL. That its only about liquidity which will be solved by just flipping a switch and suddenly having a $3 RV for instant purchasing power. So if it's that easy why haven't they done it yet? Why are they up against losing Kurdistan to independence and having mass protest on the green zone if it's just that easy? Its because its NOT that easy and it IS about the HCL! This is a political problem that is complex that goes back even pre-Maliki between the Shiites and Sunnis and the Center and the Region. It involves the payments to oil companies, the Peshmerga, Article 140, and the level of independence that is allowable under the constitution. It is the very core of how funds within the budget will be distributed in general. [post 1 of 2....stay tuned]
Iraq is not broke. It has stated it can cover 3 times. It has vast oil and gold reserves sufficient for liquidity to open this budget, none of which will happen until there is a comprehensive law governing provincial funding under the HCL. There are amendments occurring as we speak to get this done soon as we approach Eid al-Fitr with Abadi losing more and more credibility sparking planned protests against the entire government mid August. We are hearing more and more positive news coming from high sources regarding movement on this issue that will soon lead to the completion of the MR. As we approach the end of July into August we are looking for major movement on the HCL thus leading to what we are all waiting on.
There are people out there saying it has nothing to do with HCL. That its only about liquidity which will be solved by just flipping a switch and suddenly having a $3 RV for instant purchasing power. So if it's that easy why haven't they done it yet? Why are they up against losing Kurdistan to independence and having mass protest on the green zone if it's just that easy? Its because its NOT that easy and it IS about the HCL! This is a political problem that is complex that goes back even pre-Maliki between the Shiites and Sunnis and the Center and the Region. It involves the payments to oil companies, the Peshmerga, Article 140, and the level of independence that is allowable under the constitution. It is the very core of how funds within the budget will be distributed in general. [post 1 of 2....stay tuned]
Iraq is not broke. It has stated it can cover 3 times. It has vast oil and gold reserves sufficient for liquidity to open this budget, none of which will happen until there is a comprehensive law governing provincial funding under the HCL. There are amendments occurring as we speak to get this done soon as we approach Eid al-Fitr with Abadi losing more and more credibility sparking planned protests against the entire government mid August. We are hearing more and more positive news coming from high sources regarding movement on this issue that will soon lead to the completion of the MR. As we approach the end of July into August we are looking for major movement on the HCL thus leading to what we are all waiting on.
Ponee- Admin
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Re: Arthur is pumping the hopium well saying we are looking for major movement on the HCL thus leading to what we are all waiting on.
The Budget is open fool! It has been for months. Nor do they have vast reserves of gold, it's questionable if they even have it in commercial quantities. IF they did, they would have been mining it long ago. They may produce some silver, since the do have commercially exploitable deposits of Copper and silver is sometimes found in the same deposits, but vast deposits of gold ... I call liar on that one.
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Kevind53- Super Moderator
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Re: Arthur is pumping the hopium well saying we are looking for major movement on the HCL thus leading to what we are all waiting on.
"...will be solved by just flipping a switch..." (Listening to MyLadies?)
"...sparking planned protests..." (Listening to TNT Tony?)
"Iraq is not broke. It has stated it can cover 3 times." (Why do they need IMF and WTO loans?)
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