k98nights Posted March 3, 2010 Report Share Posted March 3, 2010 > Breitling says to (10:44:34):> CAN I CHAT WITH YA FOR A SEC?> THEM IMF GAVE IRAQ THE 3 BILLION LOAN RIGHT> IN USD> THEY HAVE TO PAY BACK IN IQD> THIS IS NOTHING NEW> BUT THEY GAVE THE LOAN WAY EARLIER THN WAS EXPECTED> WE COULDNOT FIGURE OUT WHY> WELL IN IRAQ THEY HAVE BEEN FIGHITING OVER IF HAVING THE RV BEFORE OF POST > ELECTION> AND HOW PRE IT WILL FAV MALIKI> AND AFTER MALIKI WAS SAYING THEY WOULD MESS UP ( THE NEW GOV) AND MESS ALL > THE WORK THEY HAVE BEEN DOING> ONLY MIDDLE GROUND IS IMF> AND NOW THEY GET TO PULL THE TRIGGER> AND THATS HOW IT ALL WENT DOWN> BY GIVING THE LOAN EARLY THEY NOW HAVE FULL SAY IN RV DATE AND IT ALSO > STOPS THE INFIGHTING OVER THE RV IN IRAQ> DONE>> Preach says to (10:50:01):> Question B??>> Breitling says to (10:50:12):> SURE PREACH>> wareagle says to (10:50:25):> Yeah B is that intel or best guess about the IMF stepping in>> Breitling says to (10:50:30):> NO IT IS INTEL> THATS WHY THEY HAVE THE LOAN NOW>> Preach says to (10:50:41):> If the IMF is now in control of the timing what would cause them to wait > or proceed at this point?>> Breitling says to (10:51:06):> PREACH I DONT KNOW WHAT THEY AGRRED ON>> wareagle says to (10:51:32):> looked like the last few loans weren't actually used so do you see them > using this loan or just having it available if they need it as long as > they don't actually take it doesn't that keep the IMF off their backs?>> Breitling says to (10:51:57):> WAREAGLE THEY TOOK THE LOAN ALREADY>> wareagle says to (10:52:26):> okay, I guess we will see if this thing happens soon>> Breitling says to (10:52:34):> THE INTREST CLOCK IS TICKING ON THE LOAN ALREADY> YES THE IMF IS GETTING INTREST BACK>> SallyDS says to (10:53:25):> Breit those that were in favor of post election rv...do you have an idea > on how long afterwards they were thinking>> Breitling says to (10:53:40):> I STILL SAY MY BEST GUESS IS BEFORE ON ON ELECTION DAY> BEST GUESS ONLY>> wareagle says to (10:53:54):> I heard more like summer if this doesn't get done before>> Breitling says to (10:53:58):> I HAVE NO WAY OF KNOWING FOR SURE>> wareagle says to (10:54:15):> B even with the holidays from the 4th through the 8th in effect?>> Breitling says to (10:54:27):> WELL WAR THEY HAVE 15 MONTHS TO PAY THE LOAN BACK IN IQD> THY HAD BETTER DO IT FAST>> knocks says to (10:55:26):> as there not a post earlier that said after the budget it would be within > 60days providing that the election was not postponed>> Breitling says to (10:56:06):> NO WE ARE LOOKING GOOD>> Starider says to (10:57:03):> Breit: Where did you find the info that they actually received the funds, > I have only been able to find that they have SBA and funds are available > if they want the money.> wareagle says to (10:57:32):> Starider that was my point as well...only funds available>> Breitling says to (10:58:22):> THE AMOUNT OF THE LOAN IS IN THE BUDGET , THEY DONT HAVE TO SPEND IT THIS > SEC> BUT THEY HAVE AGREED ON THE AMOUNT AND THEY HAVE TO PAY INTREST FOR THE 15 > MONTHS> SO FIGURE IT OUT>> Starider says to (10:59:33):> OK.. I did not find anything specifying.. wanted to know where I may have > missed looking.... thanks!!!>> Breitling says to (10:59:46):> OK IT IS ABOUT 1170 DINAR TO THE USD>> SallyDS says to (10:59:52):> Breit - your info says there was disagreement when to rv....what does that > say about Maliki being the sole arbiter of when to rv?> Doublebottoms says to (10:59:56):> Do we know when they took the loan ?> SallyDS says to (11:00:09):> I mean before they went to the IMF>> Breitling says to (11:00:11):> IMF GAVE THEM 3.5 BILLION USD> HOW MUCH DINAR IS THAT ?>> Breitling says to (11:00:48):> NOT WHEN SALLY , BUT WHO>> JRCivic says to (11:00:50):> 4.212 Trillion IQD>> Breitling says to (11:01:34):> NOW PEGGED TO THE USD IT IS ONLY 3.5 BILLION DINAR>> j roux says to (11:01:48):> If ISX does have to be closed....there is no finer time than during the > holidays...>> Breitling says to (11:02:01):> THEY HAVE TO EITHER PAY BACK ALL THAT DINAR OR RV> THEY AINT GIVING IMF 4 TRILLION DINAR> YOU GUYS SEE HOW THIS IS WORKING ?>> hunter1 says to (11:04:40):> B regardless of the exchange rate it must be a recognized currency which > leaves no other option than RV. Correct?>> Breitling says to (11:05:05):> HUNTER CORRECT IMF WILL NOT TAKE DINAR IF IT IS NOT TRADING>> vfwwildbill says to (11:05:10):> why would imf accept 4 trillion dinar that can only be used in Iraq am i > wrong?>> Breitling says to (11:05:32):> VFW THATS MY WHOLE POINT> THEY WONT DO THAT> IRAQ WILL RV AND GET PAID BACK IN DINAR AT THE NEW RATE> I'M S SORRY THE IMF WILL GET PAID BACK>> Retta says to (11:06:12):> then what would happen if they rv higher they would owe them less>> Breitling says to (11:06:55):> YES LESS DINAR> BUT COMPARED TO THE USD IT IS THE SAME AMOUNT>> hunter1 says to (11:07:35):> The rate they come out with must be sustainable.>> Breitling says to (11:07:43):> HUNTER YES> THE RV IS BUILT INTO THE LOAN AND BUDGET> BACKED BY THE IMF> UNDERSTAND> THIS IS NOT HARD> OK ALL SEE YA IN A FEW Link to comment Share on other sites More sharing options...
Celeste13 Posted March 3, 2010 Report Share Posted March 3, 2010 Why would you have to pay interest on a loan if you don't ever use it??? Didn't Iraq get loans from the IMF the past two years that they never used? Did they have to pay interest on that, and if so, didn't they have to pay for it in Dinar?? Link to comment Share on other sites More sharing options...
gottarock Posted March 3, 2010 Report Share Posted March 3, 2010 Sure sounds just like m e d i c....... Link to comment Share on other sites More sharing options...
PeaceWithinBringsSuccess Posted March 3, 2010 Report Share Posted March 3, 2010 Sorry celeste but thats a dumb question if u go to the bank and agree on the stops for a loan once u take it, it doesn't matter if you use it your paying the loan plus interest for the time you had it Link to comment Share on other sites More sharing options...
wilecoyote Posted March 3, 2010 Report Share Posted March 3, 2010 actually some good points presented based on many known facts, thanks for the post. Link to comment Share on other sites More sharing options...
Nate Posted March 3, 2010 Report Share Posted March 3, 2010 Celeste made a good point, what about the other loans before? Link to comment Share on other sites More sharing options...
WOCC Posted March 4, 2010 Report Share Posted March 4, 2010 k98nights, thanks for the post and all u do................. Link to comment Share on other sites More sharing options...
Danneedsrvnow Posted March 4, 2010 Report Share Posted March 4, 2010 Medic & Breitling need to get a clue. Both have always said that Iraq can only repay a loan from the IMF with a recognized currency. They both have also made it know that Iraq has had other loans in the past that have been repaid without a recognized currency. Does anyone else see the problem with this? I do indeed think we are close to an rv, but listening to those two & their illogical thinking is completely pointless! Link to comment Share on other sites More sharing options...
beaver Posted March 4, 2010 Report Share Posted March 4, 2010 Has anyone seen the proof that Iraq has taken the money, this is the same thing they (MED and Company) where saying last year, and what do you know they didn't take the loan.. so just be careful about believing this until there is proof.... hopefully he is right.. Link to comment Share on other sites More sharing options...
dinarlady Posted March 4, 2010 Report Share Posted March 4, 2010 Yes, they have taken the money. If you go to IMF. org there is an article. Link to comment Share on other sites More sharing options...
cfitzgerald Posted March 4, 2010 Report Share Posted March 4, 2010 Iraq can pay the loan back with Iraq Dinar. The Iraq Dinar does not need to be R/V or International currency on the market. Link to comment Share on other sites More sharing options...
swampboy Posted March 4, 2010 Report Share Posted March 4, 2010 That's a nice bass you have there WOCC Link to comment Share on other sites More sharing options...
zoomzoom Posted March 4, 2010 Report Share Posted March 4, 2010 Iraq can pay the loan back with Iraq Dinar. The Iraq Dinar does not need to be R/V or International currency on the market.Yes, but it would get a lot more for its money if the dinar was worth more, no? Link to comment Share on other sites More sharing options...
Recommended Posts