OKIE 6/21/2011 PM Chat: ON WHATEVER SITE HE IS ON NOW

OKIE 6/21/2011 PM Chat: ON WHATEVER SITE HE IS ON NOW

[OKIE OIL MAN]: WE ARE WATCHING HISTORY UNFOLD RIGHT BEFORE OUR EYES. ALL THE INFORMATION RECEIVED IS HERETOFORE ONLY PARTIALLY TRUE AND THE REST WAS SPECULATION---SO BEFORE EVERYONE GOES RUNNING DOWN THE STREET WITH THEIR HAIR ON FIRE---WE NEED TO WAIT TO SEE THE RULE BOOK OF THIS NEW GAME WE ARE INVOLVED WITH---PRESUME THAT THE IMF PLANS ON BUYING UP IRAQ AT THAT FIRE-SALE RATE OF 86 CENTS

[OKIE OIL MAN]: THE LOWER RATE WOULD PROHIBIT THE INFRASTRUCTURE PROJECTS FROM COMING TO RAPID FRUITION AND WOULD DRAG OUT THE ECONOMIC STABILITY OF THE COUNTRY

[OKIE OIL MAN]: --A VERY ASTUTE OBSERVATION---1 I HAD NOT CONSIDERED--HOWEVER TO PRECLUDE A LOWER RATE BRINGS TO MIND THE FACT THAT DURING THE LAST SDR DRAWING RIGHTS THE IMF AND WORLD BANK ENDORSED THE RECIPIANTS OF THE LOANS TO PURCHASE IQD WITH SOME OF FUNDS WHICH IN TURN WHEN R/V'S WOULD PERMIT THOSE COUNTRIES TO PAY BACK THE IMF AND IMPROVE THEIR OWN CREDIT RATING WITH IMF FOR FUTURE LOANS THAT THEY MAY NEED

[OKIE OIL MAN]: THIS IS A FLUID SITUATION TO SAY THE LEAST---TODAY THRU THURS NITE WOULD BE AN OPTIMUM TIME FOR THE R/V--OTHERWISE IT COULD DRAG OUT INTO NEXT WEEK----BUT REMEMBER------SHABBI HIMSELF STATED YESTERDAY OPENLY ON TV THAT THIS WOULD OCCUR PREVIOUS (BEFORE) JUNE 30TH

[OKIE OIL MAN]: --ANOTHER POSSIBILITY JUST HIT ME---WE KNOW THEY RELEASED THE BUDGET THE OTHER DAY ( BUT LATER FOUND OUT IT WAS THE SUPPLEMENTAL BUDGET AND NOT THE REAL BUDGET) IT MAY BE THAT LOWER RATE COULD AND MAY APPLY ONLY TO THE TEMPORARY SUPPLEMENTAL BUDGET THAT WOULD PERMIT AT LEAST THE INITIATION OF SOME OF THE PROJECTS AND BE A BRIDGE-GAP TYPE OF A FUNDING MEASURE FOR AT LEAST PROJECT INITIATION

[OKIE OIL MAN]: HEY CONSIDER THIS---AND I AM NOT SAYING THIS IS THE CASE BUT IF YOU CROSS .86 CENTS BACK IT REPRESENTS 1.17 USD----I AM NOT SAYING THAT IS THE RATE--JUST GIVING AN EXAMPLE OF TO ME WORST CASE SCENARIO IF THIS .86 CENT GARBAGE IS TRUE

[OKIE OIL MAN]: --AS OF SHABBI'S SPEECH YESTERDAY----IT FOGGED UP MY CRYSTAL BALL AND I CAN NOT VISUALIZE WHAT THE RATE IS FOR CERTAIN

[OKIE OIL MAN]: --HERE'S THE POINT--THE FUNDS HAVE NOT BEEN FULLY AVAILABLE WITHOUT OVERSITE AND WON'T BE TILL JUNE 30TH WHEN THEY WILL HAVE NO CONTROL OVER THE 180 BILLION DOLLARS BUT IRAQ--THE REASON FUNDS ARE IN US BANKS IS FOR THE PROTECTION FROM GARNISHMENTS--LEVIES---JUDGEMENTS---SUIT'S----ETC ETC.