👆
Please Understand This One Basic Principle:

Every line item in the 2027 Budget Law is denominated in Iraqi dinars. Every primary revenue stream that funds it SOMO crude sales, transit fees, customs arrives in US dollars.

The exchange rate is the conversion constant baked into the arithmetic of the entire law. Salaries for seven million-plus public employees, pension obligations, the Kurdistan regional share, provincial transfer formulas, sovereign debt service on the external obligations, reconstruction tranches all of it is IQD math running on a USD intake assumption at a fixed peg.

You cannot pass that law at the old rate and then move the rate after passage. You would detonate the entire fiscal framework retroactively.

Move the rate upward post-enactment and the dinar-denominated expenditure side inflates against the actual purchasing value of the incoming dollars instant structural overcommitment in some lines, unallocated surplus in others, and the Finance Committee gets to explain why a law they voted on no longer means what it said.

Move it downward post-enactment and you gut the salary lines and the development budget overnight. Either direction, you trigger emergency amendment legislation, which Iraq does not have the calendar time to process before January 1.

So the rate must embed in the draft itself, before October 15th, or the 2027 framework is built on sand.

Ariel

👆
Please Understand This One Basic Principle:

Every line item in the 2027 Budget Law is denominated in Iraqi dinars. Every primary revenue stream that funds it SOMO crude sales, transit fees, customs arrives in US dollars.

The exchange rate is the conversion constant baked into the arithmetic of the entire law. Salaries for seven million-plus public employees, pension obligations, the Kurdistan regional share, provincial transfer formulas, sovereign debt service on the external obligations, reconstruction tranches all of it is IQD math running on a USD intake assumption at a fixed peg.

You cannot pass that law at the old rate and then move the rate after passage. You would detonate the entire fiscal framework retroactively.

Move the rate upward post-enactment and the dinar-denominated expenditure side inflates against the actual purchasing value of the incoming dollars instant structural overcommitment in some lines, unallocated surplus in others, and the Finance Committee gets to explain why a law they voted on no longer means what it said.

Move it downward post-enactment and you gut the salary lines and the development budget overnight. Either direction, you trigger emergency amendment legislation, which Iraq does not have the calendar time to process before January 1.

So the rate must embed in the draft itself, before October 15th, or the 2027 framework is built on sand.

Ariel

BREAKING: Sec. Marco Rubio has officially revoked over 250,000 VISAS since President Trump took office in 2025 — Fox

Included in the pool of foreigners revoked include fraudsters, criminals, security threats and BIRTH TOURISM scams
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WOW! An immigration judge just gave the GREEN LIGHT for the Trump admin to DEPORT the leader of Wisconsin's largest mosque, Salah Sarsour — who is pro-Islamist and Palestine
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More money back in YOUR wallet. 🇺🇸💸

'President Donald Trump is set on Sept. 30 to start sending $500 checks to nearly 1 million Americans his administration says were overcharged through the Affordable Care Act's federal exchange for buying health insurance.'

🚨 BREAKING: In a MAJOR mask-off moment, Senate Democrats just REJECTED legislation that would've required photo voter ID and banned stock trading for members of Congress, 53-47

100% OF DEMOCRATS VOTED "NAY"

LET THAT SINK IN. Democrats just voted for VOTER FRAUD and INSIDER TRADING 🤯

Same bill passed the House. In the Senate, it needed 60 votes to advance — but couldn't get there because of Dems

These people do not want what's best for America. VOTE RED IN NOVEMBER 🇺🇸

https://x.com/EricLDaugh/status/2105339965961908682

BREAKING: Flydubai ‘terrorist’ wanted to crash plane, kill Israelis, Israel's security minister says

READ: https://t.co/HJKxiE3lWI

JUST IN: 🇷🇺 Russian President Putin says Russia does not plan to attack any European countries.

"Not in 2030, not in 2050."

@BRICSNews

Five out, two in....

For every five tradesmen walking out the door into retirement, only two walk in to replace them

That’s not a hiring challenge. That’s a slow-motion national emergency and Rowe cuts right through all the BS

those future workers are currently in the eighth grade. Not in some DEI internship. Not writing poetry about their feelings. Sitting in classrooms that still treat the trades like a consolation prize for the “not college material” kids

This isn’t complicated. Stop lying to kids. Stop pretending a four-year degree is the only path to dignity

Put the tools back in the schools

I remember welding and bricklaying classes were in highschool.....but that was the 80s

BOOM! The Trump administration is now probing Rochester General Hospital NY for possible H-1B and J-1 VISA ABUSE — hiring MASS FOREIGNERS and BARELY any Americans at all

Labor IG D'Esposito: "Show us the numbers. How many residency slots went to H‑1B and J‑1 visa holders? How many American applicants got a fair shot?"
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Secretary of War Pete Hegseth Taps Elon Musk for New Pentagon Role Focused on Futuristic Warfare

https://www.thegatewaypundit.com/2026/10/secretary-war-pete-hegseth-taps-elon-musk-new/

"Those who mutilate children should receive the death penalty" — Elon Musk