mungo

This is what the gurus have been trying to tell us all along.

What is Christianiry? Is it a branch of Christianity?From the good book: Matthew 6:24 "No one can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and Money." Proverbs 28:20 "A faithful man will abound with blessings, but he who hastens to be rich will not go unpunished." Psalm 62:10 "...if riches increase, do not set your heart on them." Matthew 6:21 "For where your treasure is, there your heart will be also." Proverbs 10:22 "The blessing of the Lord makes one rich, and He adds no sorrow with it."

You always run the risk of upsetting the sensitive when you post anything on any forum. Sometimes you can gauge by the reaction to your post who are on the same page as you and who is reading another book. But it's good to see that at least a few on this forum still maintain a sense of humour and took the real meaning of the "letter" without it having to be explained. I am sure even Shabibi would have seen the humour in it as well, should the letter have ever been posted.

Dear Dr Shabibi I purchased some of your country's dinar sometime back now. Forgot the exact date, but those dinar are getting that old now, that the pictures are starting to fade and the numbers are starting to disappear. I know it is an enormous burden that has been laid upon you, and with respect, I have spent countless days and nights (make that years) hunting information about the probability of you announcing the r/v of the Iraqi dinar. I have searched each and every forum that even hints of having some knowledge of the dinar revaluation. As you maybe aware, there have been countless false alarms about the announcement of this event. Dr Shabibi, I am not a religious person, but lately I have even started going to church to learn how to pray for this event to happen. Obviously I am being punished for being a religous abstainer all my life, but when you're desperate, a man's gotta do.... As of this day, there has been nothing to suggest that we are even close to this r/v. My wife says I have become a stranger within my own family and have ignored friends who are not fellow dinarians. She believes I have become totally obsessed by this dinar investment to a point that she wonders if life or me will ever get back to being normal again. So here I am, virtually at your doorstep asking you for a big favour. Now I am not going to ask you the obvious question about a date or a rate. Instead, could you possibly see your way clear to either email me, phone me or even send an SMS to let me know when you decide to press the button for this event to occur? I have included at the bottom of this letter my email address and mobile phone number. This will save me a lot worry and I can get back to things I use to do with the family like going on picnics, visiting old friends and relatives, gardening, watching sport, fishing and even watching a movie. It will also save me a lot of wasted time sifting through internet forums, watching Arab tv, learning the Iraqi language, listening to world news reports and reading newspapers to get any information about the r/v. Yours sincerely Mungo

This r/v was never going to easy with such a high return for such a small outlay. Too many countries and big wigs depending on this. We are all sailing through this fog together. Perhaps we didn't realise how thick the fog could get, but we know our destination is still just ahead of us. The fog will clear gradually and our destination will be in plain view. Ride this SOB all the way and be rewarded for hanging in there.

It is clear that no one outside the PTB knows anything for sure. What we know is what was reported publicly and that there is supposedly a worldwide currency re-alignment taking place very soon. The so called gurus know as much as we do (FA!). Their reports are empty and recycled and full of prayer. The currency rv can hit us just like those last 2 earthquakes hit - without warning. I believe they (Iraqis and PTB) have known the rate for some time now. The only thing that can be holding this up is concerns with leadership, counterfeiting and who is buying the dinar. I believe the CBI is educatinig worlwide traders in trading the genuine dinar . Dinar buyers in Iraq are reported to being scrutinised by new criteria to account for the reason purhasing of dinar. Easy to check on Iraqi news sites. I agree that Ch 7 has absolutely nothing to do with this. Iraqi is waiting, but for what or who is the $64 question?

* Iraq parliament tells cabinet not to meddle in central bank policy April 11th, 2012 01:44 pm · Posted in NEWS (Iraq & World Currency) BAGHDAD (Reuters) – Iraq’s parliament has sent a letter to the cabinet telling it not to interfere in monetary policy, a parliamentary source said, in a skirmish over central bank independence that reflects concerns over the extent of Prime Minister Nuri al-Maliki’s influence. Maliki won a court ruling in January 2011 putting independent bodies like the Central Bank of Iraq under the cabinet, alarming critics who view with suspicion signs of authoritarianism in some of his actions. He said this would not affect the CBI’s independence, but other moves by Maliki, a Shi’ite, against senior Sunni politicians and his control over key security ministries have raised concern that he is trying to consolidate his power. A source in the office of parliament speaker Osama al-Nujaifi said parliament had sent the cabinet a letter reminding it that setting monetary policy was not in its mandate and that it should not assert its authority unconstitutionally.

Maliki could be permanently dismissed under Rule 303.

We tried this in Australia but the result was about as significant as a mosquito fart in a blizzard. We pay the equivalent of $5.52 per US gallon. The gov't will keep nipping away and using other countrys' high fuel rates to justify price hikes. Australia is a high taxing country who has just introduced a carbon tax. This tax is unecessary and will indirectly burden users of gasoline, diesel fuel, natural gas and electricity not to mention industry that relies on these energy sources. The costs are passed on to guess who? As the IMF get every country to tighten the belt you will find gov'ts will start sqeezing their citizens. It already started down under. People are literally working to pay taxes, rents and mortgages. What's left over is to pay for food, medical and fuel. Wages don't rise but the real cost of living does. When your weekly net wage is less than your weekly liabilities, then you are one of the working poor or modern day slaves. Those invested in the IQD or VND will have a distinct advantage over those poor buggers who missed this opportunity.

After reading the Article 107 of the Iraqi Constitution dealing with Feds and the CBI, you could draw a conclusion that Shabibi should have the power to act. But when you read Article 100 it states that there will be a law to regulate the work of these Institutions. Also look at Article 14 of the CBI Act - the resignation and removal of board members. Under the Act it may be difficult for Maliki to remove Dr Shabibi. link: http://www.cbi.iq/documents/CBILAW-EN_f.pdf CHAPTER FOUR: INDEPENDENT COMMISSIONSArticle 99: The High Commission for Human Rights, Independent Electoral High Commission and Commission on Public Integrity are independent commissions, which shall be subject to monitoring by the Council of Representatives. A law shall regulate their functions. Article 100: First: The Central Bank of Iraq, Board of Supreme Audit, Communication and Media Commission, and the Endowment Commissions are financially and administratively independent institutions. A law shall regulate the work of each of these institutions. Second: The Central Bank of Iraq is responsible before the Council of Representatives. The Board of Supreme Audit and the Communication and Media Commission shall be attached to the Council of Representatives. Article 107: The federal government shall have exclusive (defined: excluding all else; rejecting other considerations, possibilities, events, etc.; not shared) authorities(defined: Legal or rightful power; a right to command or to act) in the following matters: ......... ........ Third: Formulating fiscal and customs policy, issuing currency, regulating commercial policy across regional and governorate boundaries in Iraq; drawing up the national budget of the State; formulating monetary policy, and establishing and administering a central bank; Article 108: Oil and gas are the ownership of all the people of Iraq in all the regions and governorates. Article 109: First: The federal government with the producing governorates and regional governments shall undertake the management of oil and gas extracted from current fields provided that it distributes oil and gas revenues in a fair manner in proportion to the population distribution in all parts of the country with a set allotment for a set time for the damaged regions that were unjustly deprived by the former regime and the regions that were damaged later on, and in a way that assures balanced development in different areas of the country, and this will be regulated by law. Second: The federal government with the producing regional and governorate governments shall together formulate the necessary strategic policies to develop the oil and gas wealth in a way that achieves the highest benefit to the Iraqi people using the most advanced techniques of the market principles and encourages investment.

Maybe this is why Maliki is trying to get rid of Shabs. This is from a report using that special back to front English grammar. 09/04/2012 Sadoun: Central Bank of afraid of the control of the government side, it Baghdad, Said former deputy Alaa Saadoun, the nature of the relationship between the central government and the central bank is the relationship of coordination and exchange of views and information for the purpose of access to the best formula to promote the reality of economic and financial state. said Saadoun said in a statement published online Alalmitrona the Iraqi Islamic Party seems that lack of trust between the political blocs and the government reversed turn on the central bank, there are now doubts and fears of control of the central bank from the government side. She went on to fear the central bank is due to fears that the government controls the foreign exchange reserve, which is regarded as the true guardian of the Iraqi dinar of that is exposed to fluctuations in the price is hurting the economy Iraq. Her: You must be said that the Central Bank was able during the past nine years that maintains a fixed price of the Iraqi dinar, but he was able to improve the exchange rate and this explains why the fear of government interference in his work or recourse to the cash reserves of the Bank for the implementation of government projects .. ...note Article 26 of the Central Bank Law, which entitled the Prohibition of lending to the government to prevent the central bank from lending to the government or grant funds Source: http://goingglobaleastmeetswest.blogspot.com.au/2012/04/central-bank-is-afraid-of-control-of.html#more Could this be holding up the r/v r/i announcement? One can only speculate.

motox565 - It's good to see that a few cool heads are watching this thing closely and not getting carried away in the tide of hearsay.

This event will happen with or without these jokers. Their BS has been regurgitated for the many months that I have been visiting dinar sites.They rely on second hand info and from who knows where. Could be the guy at the gas station or the janitor at MacDonalds. As soon as they announce these claims, it is easy enough to check out. The PTB controlling this event are going to make us crawl to the finish line on this one. I didn't expect this event was going to be a walk in the park. But I know we will all eventually get there.

Years ago I use to watch this tv program and would nearly p** myself laughing at the antics and misfortunes of the Keystone Kops. Well here we are some 50 years on and there is a new comedy show called the R/V. I am resigned now that when I read the posts from the gurus it is strictly for entertainment purposes only. The RV will appear in its own time on the forex and CBI without any aid from the gurus and with all due respect, God. When I see the following acronyms and phrases in their posts I have a chuckle and think that this is just to keep us all feeling good. Nothing wrong with that if you have a sense of humour and don't take these people seriously. "IMHO, IMO,JMO" "they think we can and will see a rv...." "i think we still looking good for an anytime rv...." "I smell an RV brewing" "As always we report, you decide." "THIS SHOULD BE A GLORIOUS EASTER WEEK-END" "There is still a very strong possibility (know what the word possibility means??)" "Of course I could be wrong." "The rv should follow very quickly following the decisions on controling him" "I ASSUMED IT WAS TO BE IN EFFECT THIS MORNING" "I AM WORKING ON MORE DETAILS AND HOPE TO KNOW LATER" "FROM WHAT I HAVE BEEN TOLD ..." "At least we have an rv when the rate shows" "I believe they will pull a lot" We can only be patient and try keep our sense of humour sharp.

I thought the LOP was only an "in country Iraq" ruling. Maybe I'm wrong. My take was that the CBI would swap big notes in country for new small dominations... ie old IQD25k note = 25 new 1000iqd notes, thus phasing out all the big notes. Outside Iraq they have to honour the big notes at dinar for whatever dollar rate on the forex. If I'm wrong please correct me so we can put this LOP thing to rest.