Dinar Rumor Something is Strange about the 2010 Budget!

[Enorrste]

Something is Strange about the 2010 Budget!

I have finally been blessed with an English translation of a portion of the 2010 Iraqi budget and I

[mac82cab]

Fine work and immeasurable patience as always. thank you enorrste!

[luckylucy]

nice catch ... I hope my dealer doesn't cancel my last order that has already been shipped! .... PLEASE ... no one reply to tell me how out-of-luck I could be as I could not bear to hear the news ... I'd rather just have it happen. I'm new at this and have a little in my hands.

Edited February 28, 2010 by luckylucy
scared.

[hope4sas]

Steve, I hope someday to meet you. I am always in awe of your knowledge and ability to make sense of all this for us. Thanks so much.

[jo-jack]

Sounds good

[kaperoni]

and if so the leak a few weeks back regarding the power plant holds true. Lets hope all this comes true.

[dinarded]

Well, it plainly says Bahrain Dinars on the translation Link. Right there for ALL to see!

If that is a good translation then here's the link to the BHD/USD:

1.00 BHD = 2.65238 USD

http://www.xe.com/ucc/convert.cgi?Amount=1&From=BHD&To=USD&image.x=38&image.y=14ℑ=Submit

[pegsue]

I told you He had a special plan for you....

[Traconesu02]

Looks like maybe it RV'd at $2.65238 since they used the Bahrain dinars.

[kingjaffi]

Great work Steve! Yet another amazing analysis. Let's just hope it RV's soon.

[netinfo]

Enorrste,

I have some unfortunate news for you. This Google translation that you provided is a faulty translation of the original Arabic. The original Arabic does not mention Bahraini at all.

Here is the original Arabic paragraph:

مبلغ مقداره (60980694952) ألف دينار (ستون ألف وتسعمائة وثمانون مليار وستمائة وأربعة وتسعون مليون وتسعمائة واثنان وخمسون ألف دينار) يوزع وفق (الحقل/ 1- النفقات التشغيلية) من (الجدول/ ب- النفقات حسب الوزارات) المُلحق بهذا القانون. ثانياً: العجز: بلغ إجمالي العجز المخطط للموازنة العامة الاتحادية للسنة المالية/2010 (22922155056) ألف دينار (اثنان وعشرون ألف وتسعمائة واثنان وعشرون مليار ومائة وخمسة وخمسون مليون وستة وخمسون ألف دينار) ويغطى هذا العجز من المبالغ النقدية المدورة من الموازنة العامة الاتحادية لسنة/ 2009 ومن الاقتراض الداخلي والخارجي.

Here is now the faulty English Google translation of the Arabic, which you highlighted in red, and which mentions the term "Bahraini" twice:

Amount of (60980694952) thousand dinars (sixty thousand nine hundred and eighty billion, six hundred and ninety-four million nine hundred and fifty-two thousand Bahraini Dinars) distributed according to (field / 1 - operating expenses) of the (Table / B - expenditure by ministries) attached to this law. II: Disability: The total planned deficit for the federal public budget for the financial year / 2010 (22922155056) thousand dinars (Twenty-two thousand nine hundred and twenty-two billion one hundred and fifty-five million and fifty-six thousand Bahraini Dinars) covers the shortfall of cash retained from the general budget of the Federal / 2009 is the internal and external borrowing.

Now, here is a little exercise for you which will confirm for you that the term Bahraini is not in the original Arabic:

Bahraini in Arabic is: البحريني or بحرينى

If you do a search for the Arabic word in the Arabic paragraph, you will see that the term is not there at all. Copy and paste the Arabic paragraph into Word, then go to Edit and then Find, and copy and paste the Arabic word into the field, and you will find that the term is not in the paragraph.

In order for Bahraini to be present in the Arabic sentence, it would have to come between the Arabic word for dinar and the Arabic symbol for the ending paranthesis like this (read from right to left): (دينار بحريني

Now, look back at the Arabic paragraph again, and you will see that in both instances, the Arabic term بحريني does not appear in the Arabic paragraph at all:

مبلغ مقداره (60980694952) ألف دينار (ستون ألف وتسعمائة وثمانون مليار وستمائة وأربعة وتسعون مليون وتسعمائة واثنان وخمسون ألف دينار) يوزع وفق (الحقل/ 1- النفقات التشغيلية) من (الجدول/ ب- النفقات حسب الوزارات) المُلحق بهذا القانون. ثانياً: العجز: بلغ إجمالي العجز المخطط للموازنة العامة الاتحادية للسنة المالية/2010 (22922155056) ألف دينار (اثنان وعشرون ألف وتسعمائة واثنان وعشرون مليار ومائة وخمسة وخمسون مليون وستة وخمسون ألف دينار) ويغطى هذا العجز من المبالغ النقدية المدورة من الموازنة العامة الاتحادية لسنة/ 2009 ومن الاقتراض الداخلي والخارجي.

Sorry to dash your hopes on this one bro, but Google translation, while a very nice automated English translation tool, is not always free from errors. Here is another computerized translation tool which will show you that Bahraini is not present in the translation:

http://translation.babylon.com/Arabic/to-English/

Here is the translation from babylon:

An amount of (60980694952 (thousand dinars (60 thousand nine hundred and eighty billion and six hundred ninety-four million nine hundred and fifty and two thousand dinars) distributed according to (FIELD) 1 - operational expenditures) (table) b. expenditure by ministries) supplement this law. Secondly: the deficit: The total deficit planned to balance the federal public for the fiscal year 2010/(22922155056 (thousand dinars (twenty-two thousand nine hundred twenty-two billion and one hundred fifty and five million and six and 50 thousand dinars) and covers the shortfall of cash recycled from the public budget of the Federal/2009, and borrowing internal and external.

netinfo

[kingjaffi]

Interesting nonetheless.

[dinarded]

Well, and this was just posted on Aswat al-Iraq.

Supplementary budget may be allocated for ration cards

February 28, 2010 - 09:21:21

BAGHDAD / Aswat al-Iraq: The Iraqi Ministry of Trade said that this year’s allocations for ration card items are insufficient, adding that a supplementary budget might be provided for this purpose.

“A total of $2.9 billion U.S. dollars has been allocated for rations cards from the 2010 budget,” Trade Minister Safaa al-Din al-Safi told Aswat al-Iraq news agency.

“A supplementary budget may be provided to cover any deficit,” the minister pointed out.

Iraq’s federal budget for the year 2010 is 84 trillion Iraqi dinars.

http://en.aswataliraq.info/?p=127763

[bjdksl]

Great work STEVE, I am hoping that your right and it indeed rv at a rate of 2.65..... (Smiling)

[bjdksl]

I guess i am always a day late and a penny short

[grandinar]

Thank you for the intel now lets see if it holds up

[grandinar]

Someone always takes your thunder well i still think 3.86 so there

[BriBev]

Big news to come between March 1st 2010 - March 7th 2010.

[BriBev]

Americans trading USD for Iraqi Dinars!!!

[Fi3ry_Ph03n1x]

I don't want to rain on the parade (and I really do mean that), but I think it is very strange that the whole budget refers to Dinar except those two references to Bahrainian Dinar. I don't know what that means, but there may be a problem with the translation.

FP

[BriBev]

Iraqi Dinar will return big profits within next two weeks. Mark my words.

[ladwiss]

I read that some time back and I swear I did'nt see the bahraini dinars. Tunnel vision I bet. Does any body have a link to a pdf file for the 2010 budget in text form. I can't find it but did get it once. Wow this could be some interesting stuff if this is what it reads

[clkelle]

sorry i couldn't stay with you last night. so m's speach at 10:00 our cst. will convey once and for all what we've been waiting to hear. thanks steve looking forward to seeing you someday.

[DINARMONSTER]

Thanks again Enorrste!! ( TOLEDO)

[WOCC]

That sounds good to me.................