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The Definitive Response to Gjrl1978 and the facts behind the Plan to RV Posted in zzz - 4 June 2010 The reply to this persons remarks represent an excellent history of the Iraqi RV plan - and I consider it an excellent analysis and a good read. I believe it will give any student of the IQD a better undertstanding of our investment and the potential outcome of the RV/RI.....JMHO...! RON Gjrl1078 on May 28, 2010 at 1:58 PM This whole dinar nonsense has to be one of the funniest things I have come across in a while. I didn't know countries could arbitrarily change the value of their money. This is just going to be like Saddam's exchange rate, a freaking joke. I wish I could short you people, or sell you dinars at highly inflated prices. If the dinar is going to skyrocket next week, why can people still buy them from dinartrade.com? Wouldn't they just hold onto all of their dinars? --------------------------------------------------------------------------- Enorrste Reply: I would like to take you on a journey that will show just how the plan has not only been created and laid out publicly for 5 years, but also that it has become more and more specific every year. Finally, when the “chaff” is removed from the“wheat” by poor reporting or outright falsehoods, the picture we see is very consistent and should give you all a great sense of relief that this ride is nearly over. We start our journey back in September of 2005 when an official statement was released to the media in which it was announced that Al Zubaidi, the head of the Ministry of Finance, had recommended to Shabibi, the head of the CBI, “Shabibi needs to raise the value of the Iraqi dinar and return to normal through the lifting of three zeroes.” In addition the article showed that the CBI, the Ministryof Finance, and the Central Bank would bring experts together and that “the proposals to get the value of the Iraqi dinar equivalent of [to] the American dollar, this goal we will strive to achieve.” http://www.talkgold.com/forum/showthread.php?t=28719&page=44 In June of 2006, just eight months later, the original proposal was expanded upon just slightly by the Ministry of Finance and the CBI in a joint statement: “The Ministry of Finance together with the Central Bank are studying a proposal to raise the value of the Iraqi dinar in order to return it to previous levels where one Iraqi dinar was valued at 3.33 US dollars.” Further elaboration on the plan that was being worked on was also given in the same article: “A statement by B.J. AL Zubaidi, the Minister of Finance, in which he said that he had suggested to the Chairman of the Central Bank, Dr.Sinan AL Shibibi, that three zeros be taken from the Iraqi Dinar in order to raise its value so that one Dinar be equal to a Dollar.” http://www.iraqdirectory.com/DisplayNews.aspx?id=1593 Then in January of 2007 Al Zubaidi, the head of the Ministry of Finance, in an article on the raising of salaries made this additional statement regarding the dinar: “Al Zubaidi emphasized that the Ministry of Finance and in consultation with the Central Bank seeks to identify the exchange rate of the dollar at 1260 dinar during this year. It also laid down a plan to restore the Iraqi dinar to its former era during the coming three years expressing his hope to stabilize its exchange rate at 1000 dinar for the dollar during the coming period.” http://www.iraqdirectory.com/DisplayNews.aspx?id=2994 Here, interestingly, for the first time Al Zubaidi has given us a future time table for the RV of the dinar. He states clearly that the plan would come to fulfillment “during the coming 3 years”. Since he was quoted in January of 2007 we can now see, 3 years later, that the time of fulfillment is upon us. This is HIS words, and not mine. Furthermore he specifically refers to bringing the dinar back to what it was "in a former era". This means before the Saddam regime, as I have shown elsewhere, and specifically refers to $3.33 for the RV rate as shown just above. Then in August of 2008 another statement was issued: ”Finance Ministry has prepared a plan to increase the value of the dinar against the dollar and then delete the three zeroes from the dinar's value to contribute to the advancement of the Iraqi economy during the coming period.” Here we now were able to see that there is an order of events that will occur, with the raising of the value of the dinar coming first, and then the “delete the three zeros” afterwards. At the time I’m sure that everyone invested in dinars wondered what “delete the three zeros” could possibly mean. http://translate.google.com/translate?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.foratnews.com/paper.asp%3FID%3D8383&prev=_t&rurl=translate.google.com&twu=1 The answers started flooding in finally early this year. In earlyFebruary of 2010 the following statement was made: “The Iraqi Central Bank is planning to redenominate the national currency in an effort to ease transactions and allow people to carry less paper money….. that a plan has been made to remove three zeros from the currency and phase out the current bank notes late this year….Salih said by the end of 2010 the new banknotes will be fully introduced while the old banknotes will be gradually removed from circulation…..Both will be legal tender in Iraq until the old notes are completely withdrawn….. but by dropping the zeros it will make it easier for both the banks to deal with their customers and for the general public to carry money.” We were being given a hint as to the meaning of “delete the three zeros” in this statement. Yet it was still not quite clear to all. http://www.rferl.org/content/Iraq_Pl...n/1950504.html On the 10th of February a further clarification of this long process was revealed: “The CBI begins the end of the year and gradually replace the currency now in circulation a new currency which zeroes deleted within the strategy to reform the monetary system started in 2005.” We finally got a clarification of the “delete the three zeros” meaning: it refers to the removal of bank notes with3 zeros on them from circulation over the remainder of this year. Furthermore, the CBI was nice enough to refer back to the beginning of this long planned process, which it said was begun in 2005 and which we have now documented to be the case. http://articlesofinterest-kelley.blogspot.com/2010/02/two-currencies-coexist-together-and.html Remarkably another statement was issued on the same day, February 10: “CBI begins the end of the year and gradually replace the currency now in circulation a new currency which zeroes deleted within the strategy to reform the monetary system started in 2005.” http://www.azzaman.com/index.asp?fna…htm&storytitle The very next day, on the 11th of February, Al Zubaidi backed up the statement from the CBI as follows: “this proposal by the Ministry of Finance to the Central Bank of Iraq was not affected increase or decrease but it is just delete the zeros vocation not only the case in many countries Noting that the Iraqi dinar would be offset dollar or slightly more than after theapplication of this proposal…. The proposal to raise three zeroes from the currency will be in accordance with the right monetary policy [and] is not gradual, as happened in Turkey and this policy will raise the monetary value of the Iraqi currency and will of the Iraqi dinar Strength of cash against all currencies.” Here we received another inkling of the rate for the RV. Whereas before we had two documents from previous years that indicated a proposed rate of over $3 for the dinar, this proposal is now stated to be at or above $1 for the dinar. From Al-Iraq News.com Then on February 23 we received a great find from John1025: “Finance Minister Baqir Jabr Al-Zubaidi: At the end of this year will see the current Iraqi dinar currency pair and the new Iraqi dinar, which is no different for the same amount, noting that the employee's salary is not affected by the standard of living….. This is not like the ministry, but the jurisdiction of the Central Bank independent of the ministry's proposal but it is the proposal I submitted to me three years ago, by deleting three zeros and the Central Bank studied this proposal and the bank's board finally approved by the end of this year we will see Ammeltian the current Iraqi dinar and the new Iraqi dinar, which is no different for The same amount will not be affected employee's salary and standard of living of the citizen with the survival of the dinar in the same Altdlol .” http://translate.google.com/translat...%26tbs%3Dqdr:d Not coincidentally, in my view, Al-Zubaidi refers back to the process that he mentioned 3 years ago,when he said that the plan would come to fulfillment in 3 years. He is fulfilling his own statement and stating without equivocation that the plan is right on schedule. On February 28 we received the most detailed discussion of the “action plan” yet: The Iraqi Central Bank defended its policy to withdraw by the deletion of zeros from the cash currency in order to reduce inflation, againt its critics [who say that it is] a policy that is "progressive" and long-term, although most critics regarded the policy as a unit, which the Economic Adviser to the Prime Minister called "in vain" and that it would cost the budget a lot but come to no real avail. Central Bank adviser Muhammed Al Salih appeared to discuss the economic policy of the central bank for withdrawing cash from the local market due to the"inflation suffered by the money supply, which rose from 25 billion dinars in 1980 to 23 trillion dinars now. He said “it is important to reduce [the money supply]," noting that the process of lifting the zeroes is a "long-term policy adopted by the Iraqi government and the central bank, which will direct the project as soon as the development of the Iraqi economy warrants it, and that this may be this year or next and will probably require a longer time, depending mainly on the stability [of the economy] for the operation." Saleh told (Voices of Iraq) that "there is no need to rush the process at the moment but at the same time it is required because the subject of reform will not change the value of the currency, except to make the bills smaller." He stressed that Iraq "During the next few years, according to the new development plan, will raise its oil production, and resources will increase significantly.” He added, “and we therefore need a strong currency and low [denomintated notes] at the same time, [thereby making them] easy to handle. " http://ar.aswataliraq.info/?p=202726 Later that same day Dr.Saad Al-Hassoun Hayali, a spokesman for the CBI, gave this statement: “[He added] that the policy of the Iraqi Central Bank [is] to raise and support the Iraqi dinar; [it] is very important in increasing customer confidence in Iraqi dinars, which contribute to increase the volume of foreign investment and local levels in Iraq, and [this is] the axiom of the theory of money, banking, currency and prestige of the state: [namely] when the currency weakens [there is] less prestige of the state.” http://articlesofinterest-kelley.blo...l/Iraq%20Banks And also on the 28th of February we received a statement from none other than Prime Minister Nuri Al-Maliki himself: “Iraqi Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions that have to be strengthened. "’The Iraqi dinar has all the reasons to grow stronger thanks to an increase in revenues and development of the economy,’ Maliki said in response to some questions through the National Information Center. "’The government would not rush matters but would rather work on finding all the guarantees to render this measure a success. The Central Bank of Iraq (CBI) is currently entrusted with drawing up a study on the whole issue and would give its decision soon,’ said the Iraqi premier. “The Iraqi dinar's exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency's exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime.” http://www.zawya.com/story.cfm/sidZA...01/?query=iraq On the following day, March 1, Shabibi gave a further clarification of the action plan: “The governor of the Central Bank of Iraq (CBI) on Monday said that the current exchange rate (1,170 Iraqi dinars per dollar) is reasonable, adding that the bank has enough foreign reserves to defend the exchange rate. “ ‘The CBI is [now] adopting a managed floating policy of exchange rate, through which a reasonable exchange rate is fixed,’ Sinan Al-Shabibitold Aswat al-Iraq news agency. “’The [new] current exchange rate is reasonable and stable and can be defended by our vast foreign reserves, totaling $43 billion U.S. dollars at the moment,’ Shabibi explained.” I have already explained elsewhere how I believe that this article has inaccurately stated the intentions of Shabibi. The phrase in parentheses was interjected into the article by a reporter, and was not stated by Shabibi himself. With its removal the intent of Shabibi is more clear. In addition, as I have argued, the word “current” is also incorrectly translated into English from Arabic and it should read “new” instead, as I have indicated in brackets. Do a search for the meaning of "current" and you will see that a synonym is "new". Therefore, I have argued that Shabibi has announced the final fulfillment of the 5 year “action plan” begun in 2005 and he is right on the schedule laid out 3 years ago by Al-Zubaidi in which he indicated in 2007 that the plan would require another 3 years to complete. Therefore Shabibi’s statement should correctly be understood as the announcement of the adoption of a new exchange rate for the dinar. As I have stated before, the only way in which the last sentence can have proper meaning is for it to refer to a new rate rather than the old (current) rate. Unless a new rate is being discussed the statement that it is “reasonable and stable and can be defended” has no bearing on the old rate whatsoever. The old rate is not only not reasonable, as stated by Maliki the day before as being “too low”; but it also does not need to be “defended” by huge reserves. The reserves of Iraq were only $11 billion just 3 years ago, and the rate was the same then as it is now (.00086). The increase in reserves therefore MUST refer to a new rate that is defensible by these reserves being in place. We received two articles that had to be quickly dismissed by the CBI. The first referred to a new rate coming out at 1000 dinars to 1 dollar in June of this year. The CBI flatly denied that this is in their plan and went further to state that “Iraq’s currency policies are far from such decisions.” By using the word “far” I can only assume that he is stating that the imminent RV will be much higher than 1000 to 1. Then in March we received a copy of the Letter of Intent that Shabibi had sent to the IMF, dated February 16 of this year but not revealed until early March. In that letter he stated that it was his intention to move Iraq back under Article 8 of the IMF charter where all internationally recognized countries are. Furthermore he stated that he would bring the Iraqi dinar into the international exchange market "in the near future". Finally he also said that once there he would allow the dinar to move under a "managed float". This is an indication that an RV will take place in the near future and that the dinar will be placed on Forex, the world's currency market, and allowed to float upward under managed conditions. Here is the direct quote: "To improve the functioning of foreign exchange auctions, we plan to develop organized exchange markets outside the central bank, including an interbank foreign exchange market. Our aim is to establish a forward market in Iraqi dinars in the near future." http://www.imf.org/external/np/loi/2010/irq/020810.pdf Since early March when we had the elections in Iraq there has been a degree of chaos and the RV has not occurred. However, based on a Reuters article from 2 days ago we now see that the world is exerting greater pressure on Iraq to get this done. In particular, China is now on record requesting Iraq to expedite the RV of the dinar so that China and Vietnam can do the same. We had heard as far back as early February that there may be up to 24 countries that will RV at or near the time of the IQD. So the pressure is being applied internationally. Finally, we now have evidence that the PM position will be solved in short order. The UN and US jointly stated that Allawi's coalition has the right to form the new government. And just today we see that Maliki finally realizes that he must step down. He is hoping to be allowed to head the opposition in parliament. This means that early next week we should see Allawi announcing his new coalition, which will include, IMO, his own Iraqiya group, the Kurds, and either the National Coalition and/or Maliki's own State of Law group. Should he be able to pull this off, and I suspect he will, there will be great unity in the new government. Allawi is on record stating that the RV will occur as soon as he is elected. Therefore, we see not only that this will happen, but also that it has been planned for 7 years to happen. Furthermore, we have every reason to expect a rate in the $3 range based not on our hopes only but on the statements from the Ministry of Finance and the CBI themselves. In short, gjrl1978, you are naive and ignorant. Now you are up to date. Please take your seat. Steve

Med and groovgal chat 6/4/10 6:30pm pst Copied From zzz Post redchevrolet: Any thoughts about Groovegals 2-3 dollar RV comments? Med: SHOOT HERE I SAID SHE DIDNT SAY THAT Med: I DIDN'T KNOW SHE TOLD YOU'S THAT Med: I KNEW ABOUT IT FOR ABOUT 2 WKS surfsidedan: do you think they will have a PM and parliment in place for the meeting with the UNSC on the 15th Med: PARLIAMENT OF COURSE WILL BE IN PLACE Med: THEY WILL BE IN PLACE NEXT WEEK Med: DEPENDS ON THE OPTION THEY ARE TRYING TO USE Med: WHERE THEY GET THE VOTE ON THE PRESIDENT OF THE REPUBLIC, PRESIDENT OF PARLIAMENT AND THE PRIME MINISTER BY THE PARLIAMENT ON A VOTE Med: THE FIRST TWO SHOULD BE EASY Med: BUT THEY MAY HAVE TO LOBBY TO GET 80% ON THE FIRST TRY Med: FOR THE PM Med: NOW ON GG'S COMMENTS Med: I DON'T KNOW IF SHE EXPLAINED WHY SHE SAID IT OR NOT Med: I DO KNOW WHY Med: AND IT IS NOT A PERSONAL OPINION OF HERS Med: IT IS INFO SHE GOT FROM THE IMF Med: ON TWO SCENARIO'S Med: ON WHAT PRICE DO THEY PAY BY COMING IN LOW Med: AND WHAT IS THE UPSIDE OF COMING IN HIGHER AND LETTING IT SETTLE Med: NOT ALL OF AN RV IS ABOUT WHAT THEY HAVE TO PAY OUT Med: IT IS ALSO WILL IT TUMBLE COMING IN TOO LOW Med: AND LETTING TOO MUCH SPECULATION Med: OR IS IT BETTER COMING IN HIGHER AND ELIMINATING SPECULATION kirkster1520: do you think the RV needs the PM in place, or just parliament? Med: WELL I TOLD MM17 I THOUGHT THE PM HAD TO BE IN PLACE Med: AND FOR CHAPTER VII ALSO Med: I FELT THAT MALIKI WOULD CAUSE THEM LONGER TIME IN CHAPTER VII lmdinar: Do you think we might see it this month? Med: IT IS VERY POSSIBLE Med: VERY POSSIBLE Med: BUT IT WILL BE UP TO THE IMF Med: IF NO PM IS IN PLACE Got-UR-back dino: arent they violating one of imf article 8 stips no multiple currencies? Med: WHERE DO THEY HAVE MULTIPLE CURRENCIES Got-UR-back dino: you said they were using usd Med: AND WHY WOULD ARTICLE VIII MAKE ANY DIFFERENCE NOW Med: YES I SAID THEY PAY VENDORS IN USD Med: WHICH IS WHAT THEY GET FROM OIL REVENUES Med: BUT AGAIN WHY WOULD ART VIII HAVING ANY PLAY IN THIS Med: THEY ARE NOT UNDER ARTICLE VIII WITH THE IMF Got-UR-back dino: imf stip? Got-UR-back dino: to enter Med: OK HMMM Med: ENTERING THE IMF WOULD NOT BE REFUSED BECAUSE THEY PAID VENDORS IN USD Med: THEY HAVE NO OTHER WAY TO DO BUSINESS OUTSIDE OF IRAQ Med: AT THE MOMENT Med: AND WHEN THEY MOVE FROM THE SOCIALISTIC MARKET ECONOMY Med: TO A FREE MARKET ECONOMY Med: THEN THEY WILL NEED TO USE THEIR OWN CURRENCY Med: THEY WILL ALSO BE STOPPING THE SUBSIDY PAYMENTS TO VENDORS Med: SINCE IT IS A VIOLATION OF THE IMF AGREEMENT FOR MARKET ECONOMY Med: THE ONE THING THE IMF UNDERSTANDS Med: AND WE MUST ALSO Med: IS THAT DEPENDING ON WHO FORMS THE GOVT Med: THE IMF WILL BE DOING BUSINESS WITH A COMPLETELY NEW GROUP OF PEOPLE IN THE MINISTRIES Med: AND POSSIBLY CBI Med: THAT IS WHY IT IS ON HOLD Med: YOU DON'T MAKE THE SINGLE MOST IMPORTANT CHANGE WITH NO GOVT IN PLACE AND AN INTERIM GOVT JUST SITTING IDLY BY Med: THIS IS A LAME DUCK ENVIRONMENT NOW Med: AND USUALLY BIG DECISIONS ARE NOT MADE Med: THE IMF IS RESPECTIN THAT HARD TO UNDERSTAND WHY THEY CAN'T RV DURING THIS TIME PERIOD Med: I HAVE SAID FOR THE LAST SEVERAL MONTHS Med: NO RV WITH AN INTERIM GOVT Med: AND I WAS RIGHT Med: AND NOW I AM SAYING THAT YES IT IS POSSIBLE TO RV WITH PARLIAMENT ONLY SEATED Med: AND THE PRESIDENT IN PLACE AND THE PREZ OF PARLIAMENT IN PLACE Med: BUT Med: I THINK THAT THERE NEEDS TO BE A COUPLE THINGS Med: FIRST TALABANI HAS TO ANNOUNCE THE COALITION WHO WILL FORM THE GOVT Med: AND JUST HOW IS THAT PARTIES PM GOING TO BE RECEIVED Med: IF IT LOOKS LIKE HE WILL BE WELL RECEIVED Med: THEN Med: THERE ARE VERY GOOD CHANCES OF AN RV IN JUNE Med: AND ONE THING THAT MAY FORCE IT OUT Med: IS DO THEY WANT TO WASTE ANYMORE TIME ON THE EXPELLING OF INTERNATIONAL COMPANIES Med: OR DO THEY WANT TO ATTRACT INVESTMENT Med: IRAQ FOR 7 YEARS HAS FAILED TO ATTRACT INVESTMENT OF ANY MEANING Med: THE MONETARY POLICY HAS YES REDUCED INFLATION Med: BUT HAS NOT ASSISTED AT ALL IN PROMOTING GROWTH INSIDE THE COUNTRY Med: AS WE DISCUSSED BEFORE Med: IN THE U.S. DO WE GIVE A RATS BEHIND IF THE STOCK MARKET IS RISING OVER 10,000 Med: IF WE DON'T HAVE A JOB Med: NO Med: AND THE IRAQI'S COULD CARE LESS ABOUT INFLATION AT 3% IF THEY ARE LIVING OFF OF 37K DINAR A MONTH Med: ANY OTHER ?'S flowergirl: Is the rule of law and the Nat. can still form a coalition together before parliment meets? Med: SURE THEY CAN Med: BUT IT MEANS THEY WILL HAVE TO AGREE TO MALIKI AS PM Med: THEY SAID NO brewbaby: Med have you heard any more about the post that said Malikis cronies beat up those security guards? Med: NOPE Med: AND THAT IS SMALL NEWS Med: AFTER KNOWING ALL THE STUFF HE HAS DONE IN THE LAST 4 YEARS Med: NOW THEY JUST FINALLY POST SOMETHING LIKE THAT bigdave18: MED last year didnt Milki say he was retireing to France or was that just wishful thinking from someone else ? Med: IT WAS ME WHO SAID THAT Med: I WAS KIDDING Med: WHEN ALL THE MONEY WAS STOLEN Med: I SAID HE PROBABLY BOUGHT A VILLA ON THE FRENCH RIVIERA Med: WITH IT Med: FOR WHEN HE RETIRES Med: ALSO THE ONE POSITION THEY ARE OFFERING MALIKI Med: IS THE OPPOSITION LEADER IN PARLIAMENT Got-UR-back dino: whats your take on the articles saying they will convene first part of the week Med: I HOPE SO Med: NOW TALABANI SAID Med: THE REASON FOR THE DELAY WAS BECAUSE OF ALL THE ONGOING NEGOTIATIONS Med: AND HE WANTED TO GIVE THEM TIME Med: THE ONLY ONES I KNOW WHO ARE DESPERATE FOR NEGOTIATIONS Med: IS THE RULE OF LAW Med: SO THIS ONLY BENEFITED HIM Med: NOBODY ELSE butterfly: HEY MED, JUST FYI.... GG'S RATE WAS FROM THE FEAB NOT THE IMF Med: I KNOW Med: I WAS NOT GIVING THAT OUT butterfly: she wanted me to clear that up Med: THAT IS WHY I SAID IMF Med: I THOUGHT SHE DIDN'T WANT THAT INFO OUT Med: SO I LIED Med: YOU KNOW butterfly: well she was just on text with me so she asked me to make sure its posted Med: THE NAMES HAVE BEEN CHANGED TO PROTECT THE INNOCENT shj121: what is the FEAB? Med: FOREIGN Med: ECONOMICC Med: ADVISORY Med: BOARD shj121: med, do you agree with her? Med: I JUST EXPLAINED WHY THEY GAVE THAT SCENARIO Med: IT IS NOT WRITTEN IN STONE EITHER WAY Med: RIGHT NOW GG KNOWS THAT THERE IS ONE RATE THAT WAS AGREED UPON Med: BUT THEY ARE LOOKING AT ANOTHER AVENUE Med: AND THE RATE THEY ARE LOOKING AT IS BETWEEN $2 AND $3 Med: AND THEN LETTING IT DROP Med: INTO THE RATE THEY LIKE Med: MOST LIKELY AROUND THE EURO RATE Med: NOT BECAUSE OF A PEG Med: WITH THE EURO Med: JUST THAT IS A RATE THEY SEEM TO LIKE Med: I AM STICKING WITH MY GUESS Med: FROM ALMOST 18 MONTHS AGO Med: .33 - .84 Med: I THINK THEY WILL COME OUT AROUND .84 Med: OR .86 Med: GIVE OR TAKE A COUPLE CENTS Med: AND THE MAX I SEE Med: IS 1.14 Med: I WOULD SAY THAT IF THEY IMPROVE THE OIL REVENUES Med: TO 4.5 MBPD Med: AND SERIOUSLY REDUCE UNEMPLOYMENT Med: BY DEVELOPING THE PRIVATE SECTOR Med: THEN THEY COULD BE AROUND $2 IN 2 YEARS Med: THIS CURRENCY WILL BE WELL MANAGED Med: AND THEY WILL USE A DIRTY FLOAT TO DO SO Med: I THINK I FIGURED OUT THAT IRAQ IN THE LAST 7 YEARS AVG OVER 300 PIPS A YEAR Med: SO DO THE MATH Med: RIGHT NOW FOLLOWING THAT Med: IT SHOULD BE AROUND 700 pbrman71: med, you still thinking they will come out with some kind of sucker rate at first? Med: THAT ***** WAS TOLD THAT Med: FROM TBI Med: THAT IT WAS A POSSIBILITY Med: NO I DON'T ANYMORE Med: I THINK Med: THAT THE SITUATION IS TOO DIRE Med: TO SCREW AROUND WITH IT Med: AND IT WILL BE AN RV AND THAT IS IT cks: Med, is there any new talk about getting all the large notes in quickly? Med: NOT A WORD Med: EXCEPT FOR SHABS COMMENTS JUST RECENT Med: THAT THEY WERE GOING TO RV LAST HOLIDAY SEASON Med: BUT DIDN'T Med: AND THAT THE RV WILL BE A DECISION OF THE NEXT GOVT Med: WHICH I LIKE Med: EITHER HE IS FIGURING HE IS ON HIS WAY OUT Med: OR JUST DECIDED TO LET THEM SAY YES OR NO Med: I THINK HE IS ON HIS WAY OUT Med: HE IS GETTING AS MUCH CRITICISM AS MALIKI Med: AND IS CREDITED WITH SINGLE HANDIDLY DERAILING THE ECONOMIC PROGRESS pbrman71: about time too!! Med: I AGREE gator4ever: med I think the entire GOI is going to get a face lift. It just seems impossible to continue with the status qou. Med: IF A NEW PM IS ELECTED Med: THEY WILL HAVE TO Med: THE NEW PM WILL BRING IN HIS OWN PEOPLE Med: AND WITH THE INCREDIBLE CORRUPTION DURING MALIKI'S FOUR YEARS Med: FROM THE MINISTRIES Med: WHO IN GOD'S NAME WOULD BRING THE FOXES BACK INTO THE HEN HOUSE gator4ever: I cannot believe that Iraq has not experinced a civil War Med: YUP THERE IS ANOTHER THING I WAS WRONG ON Med: BUT THEY ARE CLOSE Med: I THOUGHT THAT IF WE WERE HERE THIS TIME NEXT YEAR Med: THEY WOULD BE IN A CIVIL WAR Med: THEY SURE TRIED HARD ENOUGH Med: NOW I HAVE BEEN HARD ON MALIKI cks: I would think the UN and IMF would look forward to talking to a new gov and PM...you would think things could only get better Med: I AGREE Med: BUT Med: MALIKI AFTER LOOKING BACK THE LAST 4 YEARS Med: AND WHAT HE CAUSED HERE Med: NOT ON US Med: THE INVESTOR Med: BUT ON HIS OWN PEOPLE Med: I HAVE TO SAY HIS ACTIONS ARE TREASONOUS pbrman71: med, I'm thinking with all things considered we could indeed very well see this r/v this summer. Any comments or thoughts on that? Med: I SAID I BELIEVE IT WILL HAPPEN IN 2010 Med: BUT I SERIOUSLY BELIEVE Med: THAT WE WILL SEE IT BEFORE MY DAUGHTERS WEDDING gator4ever: which is? Med: THE 14th Med: IN 2010 Groovgal: Um, I have to clarify some stuff okay... Groovgal: Okay, my friend works with the Foreign Economic Advisory Board Groovgal: and does deal with the IMF but doesn't work for the IMF Groovgal: I know that Medic was doing this to protect me Groovgal: and that ... I do thank him for Groovgal: However, you all know how everything gets torn Apart Groovgal: by everyone who is negitive and has nothing better to do Groovgal: So ... Groovgal: I have said that it was my opinion on the rate being no lower than $2.30 but could go upward into the 3+ Range Groovgal: I truly suspect that it will be in the 3+ range... Groovgal: Now, Medic hears from his sources differently and I respect that Groovgal: and he respects that my friend says differently also Groovgal: So we are at a divide only on the rate for the time Being Groovgal: he sees the rate lower Groovgal: and I see it higher Groovgal: Now, as for what my friend says Groovgal: Med had confused a little bit of the information Groovgal: which is easy to do because of how much information is coming in Groovgal: so rapidly Groovgal: But I believe what we will see is the rate come out in the 3+ range and settle into a rate that is sustainable Groovgal: No, I don't think it will sky rocket like Kuwait because the currency Groovgal: will not be pegged to the Euro or the USD Groovgal: I explained nearly a year ago (Medic will support me here) that the Euro was going to drop Groovgal: as we are seeing now Groovgal: With what is going on with Greece and Spain Groovgal: we are going to see an upset Groovgal: and the IMF is going to have to assist once again Groovgal: The Euro is used to manage currency baskets Groovgal: just as the USD Groovgal: And I'm wondering if we are going to see some sort of shift Groovgal: because of this Groovgal: meaning... are those currency basket who are carrying a managed float by being indirectly pegged to the Euro going to change to the USD Groovgal: I've been wondering this for a few months but I haven't heard either way just yet Groovgal: Now, the reason why they will not peg directly to the USD Groovgal: is due to inflationary pressures that pegging directly to the USD has shown to cause Groovgal: Kuwait saw this when they pegged to the Euro during there first year Groovgal: and as a result had to shift to a mixed currency basket that was indirectly pegged. Groovgal: now all of this can be very confusing and there is many more reasons that I won't go into Groovgal: because it really doesn't matter Groovgal: It's best to just leave it there Groovgal: before I really confuse everyone Groovgal: So, Groovgal: I believe that it will come out in the 3+ range but I DO NOT think it will drop into the rate of that of the Euro Groovgal: The only way it would shift that much Groovgal: would be if all the central banks dumped the Dinar as soon as it came in Groovgal: I don't believe this will happen Groovgal: instead I think it will be held or destroyed Groovgal: now keep in mind Groovgal: Even though I say "in my opinion," I've discussed this with people who would know... so it's a little bit more than an opinion but certainly has some room for Error Groovgal: Now, there was a rate that was agreed upon Groovgal: but the rate that I last heard was around 3.06 ... I've not been told directly by a first hand source that it would be lower Groovgal: They can sustain a rate of 3+ Groovgal: Medic knows this because we've talked about it for hours Groovgal: so I know he just got some of the info confused Groovgal: and I wanted to make sure it was clear before another site post it and everyone has a chance to dig up my chats from 1987! Groovgal: Okay, I'm done!

Conscious / crisis between the Iraqi economy, the fiscal deficit and inflation rate of 9 trillion dinars / Investigations Conscious / Baghdad / Haidar al-Bakri Iraqi paper on the threshold of collapse since 1980To 2010 in the way of economy, finance and the crisis of inflation- 3,04.00 مع الك trillion deficit rate of real financial sweeping the Iraqi economy, the spectrum because of the lack of coordination between fiscal policy and monetary policy and the great extravagance in the issuance of paper currency and the absence of a clear strategy for most of the productive sectors gives us signals إلى Clear to the presence of imbalance in the Iraqi economy led to the Retreat In the level of development and economic recovery as that crisis and Allkwat Mrabha which country was the primary cause of the high level of inflation but year after 2003 and the policy of openness and marked A big question about the size of the interest of the Iraqi economy harvested and whether our economy still needs to plans and strategies to promote and follow a policy of commercial arbitration. Local funds larger than its value According to Director of the Bank of Kadhimiya Sana Al Nuaimi from the One of the departments of banking for receiving funds from the citizens that "local funds . Too many larger than worth pointing out that "some depositors and recipients face a significant problem in how to receive money and brought in because the amount of 10 million need to be a big bag to get it, especially since the security situation is unstable and there is a difficulty in the process of transfer, so the central bank had to act quick and serious in to avoid this crisis. اتمن Wish The back of our currency the old Trader says in Shorja Jabbar Jawad shop owner (gardens) at the age of 56 Years old when he was displays of ceramic products, glass and Ilmaha in the early morning I asked him: how Haji said inadvertently contained a day dinars, and if he put me in astonishment What do you mean forty dinars Did you mean 40 000. said I believe that the dinar in the old currency, particularly mineral pool to hold them when we feel that we are well versed in good physical condition (. Although I carry the little ones and I hope that our currency returns the old (five Owlos, dirham and the dinar) and other other items. The interest rate was 20%, to 6% today to reduce inflation this fallacy large According to an investor for the banking sector in the Iraqi Stock Exchange Hisham Mohammed, said "The decision to increase the capital of companies in three years to 250 billion dinars and Alsadran the central bank at this time was negative as investors showed no retreat at all levels of investment by 50%.He pointed out that Subject has not been studied well and the size of the pluses and minuses involved in this resolution and that the interest rates imposed by the Central Bank of the loans granted Was 20% to reduce inflation today is 6% also to reduce inflation, there is considerable ambiguity and confusion in this policy Where the public interest as well as the resolutions of the Central Bank, as there are approximately 400 investors today have been their money into . The destruction and collapse. Central Bank monetary policy is the oscilloscope has the right to make decisions The chairman of verbal wiped the Iraqi market for securities super Noam Kassab said "The Central Bank has the right to issue such decisions being painted is one of the monetary policy and banking in the country is also the supervisor of the private banks and government in Iraq. He pointed out that we discuss and give opinions on this resolution in Mait_khass in the time period The question of extension to broadcast the Iraqi Central Bank . To do so. Adding ان The market was affected by this decision and stocks fell for all sectors The encroachment of this decline to include a T T Acharka not covered by the decision because of the percentage change in stock price . . "The decision taken by the Central Bank of Iraq Reduce the proportion of change from 20 to 10% off Turn out that most investors Starts to offer their shares for sale so you can keep these amounts in order to be able to participate in the IPO to follow up, which will come from banks for the purpose of the increase and abide by the decision of the Central Bank When more than the number of vendors offer less prices also increase. To worsen the security situation and economic reasons why the bank to take such decisions The Director of the Iraqi banks in the Central Bank Khaled Shaker "Most of the decisions taken by the Bank SA tactful was under the conditions represented in the security situation and the deteriorating economic situation, these are all reasons enough to make the bank take the decisions, so that the bank makes decisions in the public interest. He said .. Batokid we raise complaints The demands of the bank managers to the Governor of the Central Bank and the decision is up to Did you have a word with him in this resolution until such time by the Governor of the Bank d. Shabibi or advisor with the CBE I am not authorized to release. Behind inflation and not to raise the value of the Iraqi dinar against world currencies The expert on the financial affairs of the Star-Rubaie Baghdad University, said "the local currency of groups large and small notes and coins of denominations of (25-50 - 100) dinars in place since 2003 to now in the Iraqi market need to combine, modify, integrate and pull. Rubaie added that "all these currencies, specifically groups great need to raise zeros and small need to raise cash value and reduce the issuance process frequently and to have the public has full confidence on the value of the real and the proof is that in 2006, was issued a coin to the market, but ignorance of the public was behind the lack of dealing with them. He said, adding that "the currency of (25-50 - and 100) dinars, which were traded in 2003 السقوط 2003, and despite the high rate of inflation during the period of the previous regime in the fall I think a lot that small change and coins will return to the circulation because of the low level of inflation and have been really small coin But it soon disappeared from the local market because of the high prices of goods and reduced purchasing power of the Iraqi dinar. Confidence in the local currency means lifting the zeros and return the real value of her The Director of Media Baghdad Chamber of Commerce Ali Zein, "The counterfeit currency In a number of banks lead to a lack of confidence in the local currency and this is a vacuum and a large distance of monetary policy in the Central Bank on track in real lift the zeros of the coin and talk about the existence of counterfeit currency we have to file complaints made by merchants and received by a member of the Council Chamber Qasim Muzaffar we have worked on address the central bank Inflation because of the seriousness of the current fiscal and monetary policy Expert in Economic and Financial Affairs Karbala University, Dr. Ahmed Hassan al-Asadi أن "The continuing rise in the value of the Iraqi dinar against the U.S. dollar due to في Policy in the Central Bank of Iraq through open auctions and withdraw liquidity. Asadi said that "the increasing The seriousness of inflation on the value of Because of the Iraqi dinar Fiscal and monetary policies must be indicating that the importation of goods and services from abroad and the decline in production also led to the resort of monetary policy to support the Iraqi dinar exchange rate and I expect that the policy quiet In support of . The fundamental value of the Iraqi dinar led to the high level of current inflation for 2010. He pointed out that the absence of micro-economic policy programmed programmable clear lines summoned to the pressure on the work monetary policy and the financial policy of raising current spending. does not represent a monetary phenomenon but excreted factors and causes of internal and external According to faculty In the Faculty of Business and Economics University of Baghdad الدكتورة هناء Dr. Hanaa Abdel-Hussein said "inflation suffered by the Iraqi economy does not represent a monetary phenomenon, but a magnification of another kind of thing demonstrated by a number of factors and causes internal and external, including lack of clear economic policy under the former regime in addition to the country's vulnerability to many of the crises and wars and the spread of values and bad behavior and corruption financial, administrative, and adopt a policy of openness To the outside world and freedom of handling and foreign exchange and the clear decline in the level of economic activity and eat in the level of real GDP. Called Dr. Hana in the search to the need to adopt the central bank interest rates help to diversify financial market debt instruments Bojalha gradual and managed at the same time increasing levels of savings and control the levels of liquidity. ام Inflation . Mean, disruption of energy production means high unemployment and low growth rates and deteriorating incomes and falling living standards and waste of savings, with investors and the division of society into categories of rich, affluent and poor, destitute and disabled to the forces of production, so must look for exits and break the stagnation and move the forces of production and increase supply capacity and to ensure the basic needs of the consumer are considered priorities. The fiscal deficit is estimated (9) Dinreetraci trillion in the budget for 2010 2010 According to Bank of Iraq adviser, and a representative of monetary policy in Iraq, the appearance of Mohammed Saleh, said that "disability is estimated in the budget for 2010 2010 بـ(9ن B (9) trillion IQD vary in proportion. He added that "this figure is based on several considerations, including Asar oil is priced for the purposes of the budget 62 dollars a barrel, we Anghl that the percentage of the adoption of Iraq's exports by 99% of Iraq's imports and Mama prices barrel may increase the percentage of deficit of 20 trillion. Adding that the Central Bank of Iraq monetary policy set Bakannouna No. (56) for the year 2004 issue of inflation targeting and to address the rates rising and work to reduce the priority objectives to reach a state of lasting stability in the general level of prices, so by influencing the levels of general liquidity and control of the trends and at the same time to strengthen financial sector and balance and stability and stimulated to respond to market signals launched by the Central Bank over monetary policy. "The Central Bank of Iraq Ajerytadela interest rate has adopted (policy rate), which became 20% since the beginning of 2007 before declining to 15% in 2008 to stimulate interest rates overall and reached 7% in 2009. In the economy in order to achieve levels of savings and high desirable commensurate with the level of revenue that stimulate the public and businesses to increase their deposits with banks as well as to address the levels of high liquidity in the role played by the reference interest rate to strengthen the mechanical moving cash to curb the soaring inflation of 3.04 For the year 2010. . He said he had risen at the same time, Iraqi dinar exchange rate against the U.S. dollar (by buying and selling auction of foreign currency since the autumn of 2003) at a rate of 34% in part to curb inflationary expectations as of November 2010 and the balance in the money market between the desire to retain the funds were real money dinar and the supply of such stocks by making the Iraqi dinar more attractive and more likely in the face of the phenomenon - Dollarization - and their implications for the deepening problems of replacement and hit the cash element of stability in the demand for money, which is deepening the money market disruption . In order to present the facts of the current monetary policy and results in reducing inflation and stabilization. This paper is to express some aspects of the ECB's President, and that according to the monetary framework adopted at the present time. The trends in monetary policy in the face of inflation He pointed Amadhr trends monetary policy in the face of inflation incoming by reversing the inflation phenomenon, the steady escalation in the price level of goods and services, which exceeded the annual rates, regardless of the bottlenecks of the overall width and its contribution to the phenomenon of inflationary monetary policy on addressing the phenomenon and reduce the levels and especially the inflationary pressures generated by the aggregate demand or total spending in the economy. Inflation is basically the dimensions of the two paragraphs of fuel, transport and communications, from the record core inflation He Amadhr if we exclude the two paragraphs of fuel and lighting, transport and communications index of consumer prices, an indicator of inflation, you can access to the so-called core inflation inflation basisWhich reflects the pressure of aggregate demand in excess of 32% per year (less than half the annual inflation rate referred to in above Then came a decline of about 13.6% annually, adding that the case of deep-rooted in the phenomenon of inflationary and that the foundation Eshrha inflation caused by demand pressures which led to the disruption of Amehal exchange market in terms of public's desire to retain cash balances over the supply of such stocks. Reflecting an increase in the speed of money circulation and an increase in inflationary expectations in the same time, as it has become the latest source of inflationary persistence of the phenomenon. Raise the external value of the Iraqi dinar (Ie, the nominal exchange rate) in a manner commensurate with the real exchange rate to contain inflation expectations, taking into account the trends of the phenomenon of inflationary and the level of acceptance and availability of reserves, inflation and the level of acceptance and availability of international reserves with the Central Bank of Iraq and to curb inflationary expectations referred to above and to reduce the speed of circulation money. Modify the interest rates Central Bank of Iraq . To bring out the financial market strong signals to changes in proportionate and desirable with the evolution of the time structure of interest rates, which would help to ensure positive returns to public depositors in the banking system and reduce the status gap between savings and investment by borrowing unequal between the supply of funds intended for loans, and demand Explaining this matter that the benefit is not a monetary phenomenon only, but is a real phenomenon is also related to the decisions of investors and investment returns, so the spacing mentioned between desired savings and desired investment caused real interest rates negative in the years 2005 - 2006 (before becoming a positive since the beginning of 2008) , which came under the influence of inflationary expectations high compared to low interest rates cash in banks and the general financial market. Nominal Anchor The elimination of the gap between savings and investment is through access to interest rates steadily Twaznip subject to inflationary expectations and contained something adopted by the central bank to adopt the installed nominal (Nominal Anchor ) البنك ) Exchange rate to stabilize inflationary expectations of the public and at the same time for the benefit of the Iraqi dinar through monetary framework adopted by the flexible exchange rate policy, but under the influence of central bank intervened in order to achieve nominal exchange rate to the level of the real thing. . The phenomenon of the spacing between savings and investment in essence, means the spacing between the productivity of investment and real return by hand, compared to returns on savings, especially when an investor to receive a real return on a regular plus a margin of inflation for prices of goods and services generated by investment is normally from its outputs, which in all cases more than interest and Istalp of return on savings over the rates of bank interest low from the perspective of the money market is not the organization, we mean the market is not legal (of Interest), which reflects the reality of actual transactions and the real value (for the price of money) no interest away from the regulatory framework adopted legal with the banking system Thdidalvaidp in cash. http://translate.googleusercontent.com/translate_c?hl=en&sl=ar&u=http://al-iraqnews.net/new/press-investigations/11857.html&prev=/search%3Fq%3Dnahrain%26hl%3Den%26client%3Dfirefox-a%26channel%3Ds%26rls%3Dorg.mozilla:en-US:official%26hs%3D6EN%26sa%3DG&rurl=translate.google.com&usg=ALkJrhgQN_NU_AqIRZTs-6MLCcZm41ItLw

Rumor from KTF Missions June 4, 2010 · Posted in DDT - RUMORS Hey Guys: I just got off the phone with my Wells Fargo Company Bank = Wachovia Bank’s Foreign Currency Exchange Department – I was personally told by the agent that: #1 Wachovia’s fee will be $15.00 to exchange any foreign currency if you have an account with them. I asked if I had over 1million dollars worth to exchange would it matter and he said “NO, Wachovia’s fee is a one time charge of $15.00 if you are a customer, at no limit on the exchange”. #2 I asked him if he knew about the Iraq Dinar. This agent also stated that Wachovia does not have any Dinar now but they have been told for a year now that Wachovia would be exchanging the Iraq Dinar and lately they have been told it may be “soon”. #3 That’s my story and I’m stickin to it!

Hello Trimark, Good question; let me put in my two cents (no pun intended). I think the main problem with your comparison to other Middle Eastern countries, especially those you cite, have the bulk of their economic wealth based only on oil exports, and from what I have read in various posts here, oil extraction while costly to set up is very cheap to operate. Hence, those countries that export oil do ot need to pay their workers as much as they would in a diversified economy like Iraq will be. Yes, Iraq has lots of oil, and it will be an important component of their economy, but they also have natural gas and very fertile land for supporting agriculture. In short, one reason I believe Iraq's currency will be different will be the diversified economy that they will enjoy compared to other Middle Eastern countries. Another reason I believe you cannot rely only on such a comparison is due to the political situation. From what we all have seen recently, Iraq's leadership leans a bit toward the secular, which is more open to Western free market concepts and practices than a more conservative political regime. Again, these are just my thoughts based on what I have read here and elsewhere. I would encourage you to give this investment a try, although as Adam and others state so well, don't risk more than you can afford to lose. In other words, don't be like a lottery addict who charges up his credit card buying lottery tickets in the hope that this will score big. Chances are that the IQD will reward those who invest int it, but don't let it ruin your life. I made such a mistake earlier in this decade with another "investment," only to be hosed by a big mistake for which I am still paying. Hope this helps. Wishing you clarity and wisdom no matter what you decide.

Phoenix Email to DD: After the Gold Rush (Just a Reminder) June 4, 2010 · Posted in DDT - CHATS / POSTS Just a reminder…I posted this 3 weeks ago but some may have missed it. (Note: Maliki will most likely be the PM but if not it will be someone very close to him in his party. Somewhat like Putin’s position in Russia.) “The Iraqi election. Now this is just too funny. So what about the “great one” Allawi? How Allawi was touted as the man for Iraq and the one needed? First off Allawi was run out of Iraq in 2004 in shame under claims of corruption. Next, what happened to the Iraqi elections? If you will remember the UN group was all prepared to announce on Iraqi TV the winners of the election and that the election was a great success but what happened? What happened was Allawi. The Iraqi List (Allawi’s party) came out on live Iraqi TV 15 min. before the UN was to make the official announcement and claimed all of the election was a fraud and that they had proof of tampering! That move by Allawi threw Iraq into a turmoil and cause the UN to cancel the announcement at the last moment! After and investigation by the Iraqi election authority and the UN they found the claims to be false but by that time all had been turned upside down! Link: http://articlesofinterest-kelley.blogspot.com/2010/03/iraq-results-trickle-out-maliki-rivals.html So what is the next move for Allawi? A call for a new election! So Allawi is saying that democracy is not legitimate and elections are not even valid! Next we see Allawi calling for Chapter 7 to remain in force! Allawi is insisting that not only Chapter 7 not be removed from Iraq but that Chapter 7 stay in place long term with the UN in charge of Iraq! So the great one Allawi would slap the people of Iraq in the face who braved the dangers and threats to vote by saying none of the election was valid and was meaningless! Plus the great Allawi would keep Iraq under Chapter 7 sanctions long term! All i can say is wow! When the great ones from the dinar forums get it wrong they get it wrong in a big way. So where do we stand? Ok 3 weeks ago week we saw a delegation from the Council on Foreign Relations show up in Iraq. If you are not aware of who the CFR is and what kind of power they wield just google Council on Foreign relations and read up…I will say this…there has never been a US President elected in decades who was not a member of or received a personal endorsement from the CFR. In short the CFR = King makers. So who did the CFR (the King makers) delegation meet with? Did they meet with Allawi? No. Did they meet with representatives of Allawi’s party the Iraqi list? No. They met with Maliki and also with the President of the Kurdish Regional Government Barham Saleh. The fact that the CFR delegation did not meet with Allawi speaks volumes. http://articlesofinterest-kelley.blogspot.com/2010/04/maliki-and-council-on-foreign-relations.html http://articlesofinterest-kelley.blogspot.com/2010/05/barham-salih-looking-with-delegation-of.html Now on to Maliki. I see Maliki as a great leader. This man has braved the threat of death and successfuly saved his fledgling nation from the jaws of civil war. Maliki has shown resolve, strength and fairness in the face of great adversity. You will remember that led the operation against the insurgent militias in Basra and took up command on site vowing to not leave until the militias were driven out. That operation was a great success and showed the resolve strength and bravery of Maliki. That extremely successful operation was the first all Iraqi military operations with no assistance on ground from the US forces and marked a turning point in Iraq towards strength and sovereignty. Is Maliki the man for the job? No one is perfect but as far as who has proven to be the best at the job Maliki wins hands down over the failed policies of Allawi. So we will just have to see how that plays out. One of the major questions I see is if Chapter 7 needs to be removed before the RV. Answer: No. In fact….Ban Ki Moon stated that he had advised the UNSC to amend the Iraqi Chapter 7 standing to allow the full integration of Iraq back into the global economic system with full standing while keeping all Iraq and Kuwait issues active thusly allowing Iraq to freely move forward in the global economic system. So with that being the case Chapter 7 will just be amended pre RV and that is just one vote away. So what is the hold up? Maybe there is not a hold up….the truth is we may be seeing the RV at anytime. I know there is much speculation that the government must be seated but that is only that….speculation. The great truth remains….date and rate classified. Will it be soon? Yes!~ How soon? Maybe today….maybe tomorrow….maybe weeks from now. This is a global event and is being coordinated by the IMF and this involves many nations and being so vast the mechanics and dynamics are more than we know. But know this…if you hold Iraqi Dinar….and continue to hold through thick and thin…you will be seen as the lucky one….for you are about to win. Just remember…this waiting is the easy part. The hard part will be keeping your investment gains…..and not everyone is going to be ok. Things NOT to do: 1. Do not waste your time listening to the rumor mongers who work for Dinar dealers. 2. Do not micro manage the situation by nit picking over every bit of information/rumor. 3. Do not invest money you need to live on and never over extend yourself. Things to do: 1. Be proactive by making plans and get organized. 2. Have an exchange day plan of action. 3. Speak to your bank about your investment and your plans/options. 4. Protect yourself from fraud on the dinar forums. 5. Stay positive and hopeful…for without hope we are hopeless! Above all….get out….get some fresh air and exercise…and spend some time with those you love. All in all….it’s all good…for if you hold Iraqi Dinar…you are the lucky one!~ Phoenix

Frank26's Clarification - 6/04/2010 - KTF Mission RI on Sunday, hmmmmm let me see if I can fit that into my schedule????? .....WHY YES I CAN!!!!!!!!! Let's keep praying, this is Iraq we are talking about....they can screw up anything! FOR THOSE THAT COPY AND PASTE ME TO OTHER FORUMS..........PLEASE SHARE THIS. AQ told You that we talked on the phone today and I told her 1 and 2 are done. I then said 3 would happen Sunday. But I did NOT say the RI was going to happen on that day. As You know I defined 3 in April as the seating of their elected officals. It is the hopes that Parliament at that time.....Sunday 6th........ will open the 2010 budget that contains the RI Rate. Then on Tuesday 8th........... They can tell the UN they have done EVERYTHING REQUIRED to fully lift Ch7 on the 15th. Now do they have to tell us on the 6th Sunday that they are using the new RI RATE? Nope. They wish not to show You their bag of candies.........Yet. Why? Live over there and Your qt will be answered. Their brains are not Western Wired. Just wanted to clarify the post my Dear Sweet Friend AQ made today. I have spoken with her on this matter.......XO. I sense they will follow this accustomed pattern. So Monday I will break down the next important issue to consider now...............The Rate. Will it be .84(lift 000's)........1.19(Euro).........2.60(true IQD rate).............3.22(Saddam's rate)............3.86(My RI rate). Just like the sands of wind blown desert's .............. With wasted time Things can take on a new form. Just study the price of oil and the reason WHY it is so low. Talk to You Monday. God Bless.........Be strong and then.................Be Stronger! KTF, Frank __________________ Hebrews 11:1 Now faith is the substance of things hoped for, the evidence of things not seen.

Hey there! What is wrong? If you have nothing to contribute about our investment why are you here? I can understand if you disagree with a post but why do you have to attack people all of the time?

Well, zantac - if you're such an expert - why don't you give us some useful and insightful information or analyses...! I'm sure everyone is interested in what you might have to say - if anything at all. But, please back up what you present with something more than your opinion - because we all know what opinions are like....... We'd like it to be "substantiated", and intelligible...! Thank you for posting - Oh, and you are welcome for our efforts to provide YOU with the latest information on the web... RON

2010-06-04 22:01:45 (16 hours ago) Posted By: Intellpuke Iraq war veteran Eric Jasinski, after seeking treatment for his post-traumatic stress disorder (PTSD), is being punished by the Army. Jasinski turned himself in to the Army late last year, after having gone absent without leave (AWOL) in order to seek help for his PTSD. Help, he told Truthout, he was not receiving from the Army, even after requesting assistance on multiple occasions. He was court-martialed and jailed for 25 days for having gone AWOL, during which time he was escorted in shackles to therapy sessions for his PTSD. After being released from prison, he was informed that he would be given an other-than-honorable discharge, which means he is likely ineligible for full PTSD treatment from the Veterans' Administration (V.A.) after he leaves the service. Jasinski enlisted in the military in 2005, and deployed to Iraq in October 2006 as an intelligence analyst with the U.S. Army. He collected intelligence in order to put together strike packets - where air strikes would take place. Upon his return to the U.S. after his tour, Jasinski was suffering from severe PTSD due to what he did and saw in Iraq, along with remorse and guilt for the work he did that he knows contributed to the loss of life in Iraq. (story continues below) "What I saw and what I did in Iraq caused my PTSD," Jasinski, 23-years-old, told Truthout during a phone interview. "Also, I lost a good friend in Iraq, and I went through a divorce - she left right before I deployed - and my grandmother passed away when I was over there, so it was all super rough on me." Upon returning home in December 2007, Jasinski tried to get treatment via the military. He was self-medicating by drinking heavily, and an over- burdened military mental health counselor sent him to see a civilian doctor, who diagnosed him with severe PTSD. "I went to get help, but I had an eight hour wait to see one of five doctors. But after several attempts, finally I got a periodic check up and I told that counselor what was happening, and he said they'd help me... but I ended up getting a letter that instructed me to go see a civilian doctor, and she diagnosed me with PTSD," Jasinski explained. "Then, I was taking the medications and they were helping, because I thought I was to get out of the Army in February 2009 when my contract expired." As the date approached, Jasinski was stop-lossed (an involuntary extension of his contract), an event that he said "pushed me over the edge" because he was told he was to be sent to Iraq within a month. During his pre-deployment processing, "They gave me a 90-day supply of meds to get me over to Iraq, and I saw a counselor during that period, and I told him,' I don't know what I'm going to do if I go back to Iraq.'" "He asked if I was suicidal," Jasinski explained, "and I said not right now, I'm not planning on going home and blowing my brains out. He said, 'Well, you're good to go then.' And he sent me on my way. I knew at that moment, when they finalized my paperwork for Iraq, that there was no way I could go back with my untreated PTSD. I needed more help." Jasinski went AWOL, where he remained out of service until Dec. 11, 2009, when he returned to turn himself in to authorities at Fort Hood, in Killeen, Texas. "He has heavy-duty PTSD and never would have gone AWOL if he'd gotten the help he needed from the military," James Branum, Jasinski's civilian lawyer, told Truthout. "This case highlights the need of the military to provide better mental health care for its soldiers." Branum, who is also co-chair of the Military Law Task Force, told Truthout in December, "Our hope is that his unit won't court-martial him, but puts him in a warrior transition unit where they will evaluate him to either treat him or give him a medical discharge. He'd be safe there, and eventually, they'd give him a medical discharge because his PTSD symptoms are so severe." But the Army scheduled a Summary Court Martial for March 31. At it, Jasinski was sentenced to 30 days in the Bell County Jail in Texas. Laura Barrett, Jasinski's mother, told the Temple Herald Telegram, "This has been a total outrage. I cannot believe my son who is diagnosed with PTSD from his deployment to Iraq would be sent to jail." Branum submitted a clemency request asking that Jasinski be released on mental health grounds, or that he be transferred to the psych ward at Darnall Army Medical Center to complete his sentence. The Army did not respond. Branum said, "We, as Americans, need to see how combat vets are treated today. Eric is in jail because he has PTSD and was denied the care he needed. His 'desertion' was an act of desperation, the act of a soldier who had no other options." Jasinski wrote a letter from the Bell County Jail that said the following: "When I am taken out of jail back to Fort Hood for any appointments I am led around in handcuffs and ankle shackles in front of crowds of soldiers... which is overwhelming on my mind. My guilt from treating prisoners in Iraq sub-human and I did things to them and watched my unit do cruel actions against prisoners, so being humiliated like that forces me to fall into the dark spiral of guilt. I now know what it feels like to have no rights and have people stare and judge based on your shackles and I feel even more like a monster cause I used to do this to Iraqi people. "Even worse is the fact that this boils down to the military failing to treat my PTSD but I am being punished for it... I feel as if I am being a threat to others or myself and still the Army mental health professional blow me off just like in 2009 when I felt like I had no choice but to go AWOL, since I received a 5 minute mental evaluation and was stop-lossed despite my PTSD, and was told that they could do nothing for me. The insufficient mental evaluation from a doctor I had never seen before, combined with the insufficient actions by the doctor on 9 April show the Army is not trying to make progress." Jasinski was released from jail on April 24, having served 25 days of a 30-day sentence. He has since been informed he will receive an other-than-honorable discharge, which means he will not have full health benefits with the Veterans' Administration, and thus little to no assistance from the military for treating his PTSD. According to the Army, every year from 2006 onwards has seen a record number of reported and confirmed suicides. A 2008 Rand Corporation report revealed that at least 300,000 veterans returning from both wars had been diagnosed with severe depression or PTSD. Jasinski's case is representative of a growing number of soldiers returning from the occupations of Iraq and Afghanistan who are going AWOL when they are unable to get proper mental health care treatment from the military for their PTSD. Jaskinski's experience with the military has inspired him to offer advice for other soldiers who need PTSD treatment but are not receiving it. When asked what he feels the military needs to do in order to rectify this problem, he said, "A total overhaul of the mental health sector in the military is needed... we had nine psychiatrists at our center, and that's simply not enough staff, they are going to get burned out after seeing 50 soldiers each in one day. We need an overhaul of the entire system, and more good psychiatrists, not those just coming for a job, but good, experienced mental health professionals need to be involved." Chuck Luther, who served 12 years in the military, is a veteran of two deployments to Iraq, where he was a reconnaissance scout in the 1st Cavalry Division. The former sergeant was based at Fort Hood, Texas, where he lives today. Luther told Truthout in November that the military tried to discharge him without assisting him with his PTSD, instead diagnosing him with "personality disorder." In response, Luther went on to found and direct "The Soldier's Advocacy Group of Disposable Warriors." "The way things are set up right now in the military is that if a soldier gets a chance to go to mental health, which is something military commanders tend to try to prevent from happening in the first place, but if soldiers go, psychologists and psychiatrists address and diagnose their PTSD and write it up, but this does not mean that they will get treatment," Luther explained to Truthout. At the time, he described a situation very similar to that of Jasinski's. "The doctors then send it to command, but that doesn't mean the soldiers will get treatment," said Luther. "The soldier can push it up to the commander, but the commander can deny it and that's as high as it gets. Soldiers are listed as not being able to serve by a military doctor, but they are nonetheless medicated and sent out into combat anyway." "The military is trying to get everybody these 'other-than-honorable discharges' or diagnosing them with 'personality disorder' so they don't have to take care of them after they discharge," Aaron Hughes, an Iraq war vet, told Truthout. Hughes, a national organizer for the group Iraq Veteran's Against the War, said that Jasinski was already involved in the paperwork process required by the military for him to receive a medical discharge. "This was underway when he went to jail," Hughes added, "He would do his time for going AWOL, then get a medical discharge. Instead, they are switching this mid-stream and giving him an 'other-than-honorable' discharge, which means he gets no benefits. My main concern is that he did his time and did everything he was supposed to do, and they are still not living up to their side of the bargain." Kernan Manion is a board-certified psychiatrist who treated Marines returning from war who suffer from PTSD and other acute mental problems born from their deployments, at Camp Lejeune - the largest Marine base on the East Coast. While he was engaged in this work, Manion warned his superiors of the extent and complexity of the systemic problems, and he was deeply worried about the possibility of these leading to violence on the base and within surrounding communities. "If not more Fort Hoods, Camp Liberties, soldier fratricide, spousal homicide, we'll see it individually in suicides, alcohol abuse, domestic violence, family dysfunction, in formerly fine young men coming back and saying, as I've heard so many times, 'I'm not cut out for society. I can't stand people. I can't tolerate commotion. I need to live in the woods,'" Manion explained to Truthout. "That's what we're going to have. Broken, not contributing, not functional members of society. It infuriates me - what they are doing to these guys, because it's so ineptly run by a system that values rank and power more than anything else - so we're stuck throwing money into a fragmented system of inept clinics and the crisis goes on." "It's not just that we're going to have an immensity of people coming back, but the system itself is thwarting their effective treatment," said Manion. Jasinski told Truthout that his previous commander, who he referred to as Captain Floer, told his mother that Jasinski was "faking my PTSD symptoms," since "the job he held {in Iraq] was behind a computer." While in jail, Jasinski was denied access to his regular therapy sessions. He was taken periodically to other sessions, but he told Truthout, "The mental health center on Fort Hood told me I had to wait for more help." At a later session at the same center, Jasinski said,"I was told upon my follow-up visit that my suicidal ideations were all in my head and was sent on my way." "Again the military is casting its soldiers aside, and shows no mercy for soldiers or their families," Jasinski told Truthout, "I do not want their money, but I want them to at least acknowledge and act upon the problems in order to repair the broken system. I want them to take action instead of worrying about public relations." Intellpuke: This just isn't right, or fair, to Mr. Jasinski, but then again, the military has never been about fairness, even when it should be, as when it tells new enlistees they it will take care of any health problems arising from the enlistees' service to their country. http://freeinternetpress.com/story.php?sid=25978 http://freeinternetpress.com/story.php?sid=25978

Dr Seuss's "Take On Obama" I do not like this Uncle Sam, I do not like his health care scam. I do not like these dirty crooks, or how they lie and cook the books. I do not like when Congress steals, I do not like their secret deals. I do not like this speaker Nan , I do not like this 'YES WE CAN'. I do not like this spending spree, I'm smart, I know that nothing's free, I do not like your smug replies, when I complain about your lies. I do not like this kind of hope. I do not like it. nope, nope, nope!

No. I think he was right on...her reply was rather catty...tell it like it is.... Thanks for the post

Hello, I am new to dinar investing so I apologize if my question has been asked before. I did a search and did not see it. I was introduced to dinars by a friend of a friend who is confident he will make millions from his investment. I hope he does and I hope everyone including me does but I'm having a hard time understanding the valuation numbers being thrown around. I tried to ask my friend's friend but he got a bit irritated by it and just said I was wrong but didn't explain why. I understand that I may be missing something or miscalculating - math is not my strong suit - but I'm at a real loss on it and hoping you can please help. Here's how I'm looking at it: The current average income in Iraq is $3600 which at 1100 dinar per $1 USD is just under 4,000,000 dinar/year (3600 x 1100). Following are the average incomes in the region: Saudi Arabia = $20,400 UAE = $42,000 Kuwait = $54,100 It seems reasonable to assume that Iraq would revalue so that the average income for Iraq falls somewhere in the range of the average income for its neighbors. If that is so, then the following are the approximate average income for Iraq similar to the incomes of its neighbors and the various USD to Iraq dinar valuations associated with each: If the approximate average income of Iraq is raised to $21,400 (almost 6 times its current average), then that would equal $1 USD for 187 Iraqi dinars. This would make an investor's holdings of 1,000,000 dinar equal to approximately $5400 (1,000,000 / 187) If the approximate average income of Iraq is raised to $42,000 (almost 12 times its current average), then that would equal $1 USD for 95 Iraqi dinars. This would make an investor's holdings of 1,000,000 dinar equal to approximately $10,526 If the approximate average income of Iraq is raised to $54,100 (approx. 15 times its current average), then that would equal $1 USD for 74 Iraqi dinars. This would make an investor's holdings of 1,000,000 dinar equal to approximately $13,513. This seems about right to me. If we run the same scenario and equate $1 USD with 4 dinars which although not totally accurate is close to what Saudi Arabia and UAE are currently trading at and a number I've seen when some people talk about RV, then if each Iraq dinar is worth $0.25 USD that would make the average income in Iraq $1,000,000 which seems WAY out of line to me. I know since so many people expect the RV to be much higher that I must be missing something but I'm having a hard time seeing what or how people are getting such high RV numbers, especially when those are correlated to the real, average incomes of Iraqi citizens. So, what am I missing? Thank you in advance. PS All of the average income numbers for the various countries that I used are from the cia.gov website and are for 2009.

.Is China Revaluing Yuan by Back Door...? Wall Street Journal - June 4, 2010, 1:12 PM GMT - By Alen Mattich You can let it appreciate relative to other currencies on the foreign exchange market, something China has staunchly refused to do since the start of the financial crisis, whatever the pressure put on it by Washington. Even before the credit crunch, China only pursued the gentlest of revaluation strategies, a slow and steady appreciation. But that doesn’t mean China can’t, won’t and isn’t revaluing. There’s another path to the same outcome, and it’s called relative inflation. Which is exactly the one China is following, whether intentionally or not. To see how inflation causes a revaluation, look at what happens from the point of view of an American manufacturer. Exchange rates remain the same, but as long as China’s inflation rate rises by more than the U.S.’s, the cost of production, and therefore the cost of output, will rise by more in China than in the U.S. And that’s what’s happening. The most recent data show Chinese inflation running at 2.8%. U.S. core consumer prices in April rose a mere 0.9% on the year. OK, so that’s not a huge difference. But U.S. consumer prices have been flat or falling, whereas in China they’ve been rising sharply. Last July Chinese consumer prices were contracting 1.8% year-on-year. If Chinese inflation continues to run at this pace, as some economists think is highly probable, we could see consumer prices of 6% or more before the end of the year. For those worried about comparing headline consumer prices in China with core in the U.S., U.S. headline inflation ran at 2.2%. Even so, it might not be a mistaken comparison. Whereas consumer prices, stripped of energy and food, are more indicative of the underlying inflation trend in the U.S., food makes up around a third of the average Chinese consumption basket, according to Lombard Street Research. Stripping out food from Chinese CPI just doesn’t make sense. And, if anything, Chinese food prices will rise later this year. Recently they’ve been held back by low pork prices, which, in turn, have been kept down by cheap feed prices. But with soya prices expected to rise later this year, so too will pork and, therefore, Chinese food price inflation. But that’s not the end of it. Minimum wages in Beijing are being raised by 20%, while there are anecdotal reports of wages going up sharply in Shanghai factories as well. What of China’s 3% inflation target? It’s true, the Chinese government is sensitive to inflation. With a huge population on subsistence levels of income, fast rising consumer prices can trigger serious social unrest. But to put too hard a brake on inflation now could well cause the Chinese economy to go into a tailspin were it to puncture the country’s property bubble. It could well be that China’s policymakers see the best current outcome as a higher-than-targeted rate of inflation to maintain the asset-based part of the economy and to keep the U.S. sweet but not so much that it causes riots in the streets. To which I say to Chinese policy makers: good luck. You’ll need it. http://blogs.wsj.com/source/2010/06/04/is-china-revaluing-the-yuan-by-the-back-door/

More speculation from KTF Missions June 4, 2010 · Posted in DDT - CHATS / POSTS Angelquest: Okay another newzhound on the job this one is from JANIB………….Good find my dear….now the bottom paragraph a word was changed it was not good word for our group but you get the picture…..ACTION is NEEDED……..is what this says where is all that was promised!!!!————– Conscious / Friday sermon preacher, Fallujah calling the new parliament because the level of responsibility المشرف العام General supervisor حجم الخط: Font size: واع / مكتب الفلوجة / ل ج INA / Office of Fallujah / l c 4/6/2010 3:15pm 4/6/2010 3:15 pm دعا خطيب الجمعة في الفلوجة Called on Friday preacher in Fallujah Members of Iraq’s new parliament to implement all the promises they made to their constituents before the election and be on their stems and place Almswoip who are into it and be all Iraqis away from partisanship and the community. And the transfer of the reporter (and Iraqi News Agency Information / INA) On the front and preacher, Sheikh Mahmoud Mosque Nuaimiya Halbusi saying ” The Iraqi people are waiting for what will be offered the services and construction projects and provide employment opportunities for unemployed youth to work these things promise by candidates before the election, and we are now waiting to fulfill those promises. The Friday preacher hoped that the promises are real members of the Iraqi parliament and not be like the dreams that launched by the others and were not implemented and stay away from partisanship and make people reflect on a better tomorrow. He pointed out that the Iraqi street needs a lot of services and projects and the reconstruction of what has been destroyed by the war machine defiling and terrorism, and expressed the hope that it works as a member of parliament and promised to be his political agenda clear. ————- LISTEN up all…..As you can see many articles have been posted today and the last one got me to KNARF…………I informed him of the other article with the word I CHANGED to DEFILED from the NASTY word…..well it appears it was a code KNARF SAID FREKNG……………GREAT! so KNARF says….OKAY TELL THE FAMILY THAT I have been waiting on the code..so.. #1= done (certification)CROSS IT OFF #2= done (supposed speech of A’s )CROSS IT OFF he wants all to mark and circle SUNDAY the 6th for the RI ...!!!!.

Well, zantac - if you're such an expert - why don't you give us some useful and insightful information or analyses...! I'm sure everyone is interested in what you might have to say - if anything at all. But, please back up what you present with something more than your opinion - because we all know what opinions are like....... We'd like it to be "sunstantiated", and intelligible...! Thank you for posting - Oh, and you are welcome for our efforts to provide YOU with the latest information on the web... I'm very sorry about your grandson - and we'll pray for him - but, can you be more specific (send me a PM) RON Read more:

UN Security Council urges Iraq to quickly form new government Friday, June 4th, 2010 at 7:12 pm - Monica Lawrence - BNO News UNITED NATIONS (BNO NEWS) – The Security Council on Friday urged Iraq’s political leaders to re-double their efforts to form an inclusive and broad-based government. It has been three months since the polls were staged and the United Nations has openly welcomed the certification of the results of Iraq’s parliamentary elections, but the 15-member panel calls on “all political entities to respect the certified election results and the choices of the Iraqi people.” Earlier in the week, Ad Melkert, the Secretary-General’s Special Representative and the head of the United Nations Assistance Mission for Iraq described the certification as a crucial step towards the formation of a government that will shape the country’s future for the next four years. In addition, Melkert told the Council that a broad-based coalition government in Iraq is a better alternative for the people of that country who are eager to see a stable administration. The Security Council stressed that Iraqi leaders should quickly engage “in an inclusive political process to form a government that represents the will and sovereignty of the Iraqi people and their hope for a strong, independent, unified and democratic Iraq.” The Federal Supreme Court upheld the results announced by Iraq’s Independent High Electoral Commission (IHEC), in which the party headed by Iyad Allawi, a former prime minister, received more votes than the coalition led by Prime Minister Nuri al-Maliki in the 325-member Council of Representatives. At least 12 million people cast their votes in the March 7 polls, in which more than 6,000 candidates took part. Secretary-General Ban Ki-moon noted that, once established, the new government will face a host of challenges, ranging from national reconciliation and the sharing of natural resources to human rights and reconstruction. “The challenge is to consolidate the gains that have been made in recent years and not allow armed groups and other spoilers to exploit the situation,” he said last month. http://wireupdate.com/wires/6020/un-security-council-urges-iraq-to-quickly-form-new-government/

Source: United Nations Security Council Date: 03 Jun 2010 SC/9943 IK/623 The following Security Council press statement on Iraq Election Certification was read out today by Council President Claude Heller (Mexico): The members of the Security Council congratulate the people and the Government of Iraq on the certification by the Federal Supreme Court of the 7 March parliamentary election results as another important step in the political process, and reaffirm their commitment to the independence, sovereignty, unity and territorial integrity of Iraq, and emphasize the importance of the stability and security of Iraq for its people, the region, and the international community. The members of the Security Council call on all political entities to respect the certified election results and the choices of the Iraqi people, and for Iraq's leaders to engage, as quickly as possible, in an inclusive political process to form a Government that represents the will and sovereignty of the Iraqi people and their hope for a strong, independent, unified and democratic Iraq. The members of the Security Council commend Iraq's Independent High Electoral Commission for its work in holding this successful parliamentary election, including the electoral appeals and complaints processes. The members of the Security Council also commend the work of the Iraqi security forces to strengthen stability and security for the people of Iraq, including their important work to provide security and public order throughout the election process. The members of the Security Council additionally commend the United Nations Assistance Mission for Iraq (UNAMI) and the role played by the Secretary-General's Special Representative for Iraq, Ad Melkert, for providing technical assistance and support throughout the electoral process. The members of the Security Council condemn the recent terrorist attacks by those who sought to deny the voice of the Iraqi people by attempting to disrupt the elections and the Government formation process through violence, and stand in solidarity with the Iraqi people in the face of these unacceptable and deplorable attacks. The members of the Security Council reiterate that no terrorist act can reverse a path towards peace, democracy and reconstruction in Iraq, which is supported by the people and the Government of Iraq and the international community. * *** * For information media • not an official record </DIV>

Iraq could do with more Al Sistanis The Grand Ayatollah wants to guide but never rule, a distinction that is not understood by politicians * By Mayada Al Askari, Staff Writer * Published: 00:00 June 5, 2010 - Gulf News Sistani opposes the partitioning of Iraq, and in particular the ceding of Kirkuk to the Kurds. In fact, were it not for Al Sistani, the Iraq map would today look very different. Is the Grand Ayatollah Ali Al Sistani Iraq's Grigori Rasputin? Needless to say, there are so many differences between the two men that it seems illogical to compare them. However, it seems that the utmost faith of the Russian Tsaritsa Alexandra Feodorovna, wife of Tsar Nicholas II, in the healing powers of the man who was called, among other names, the mad monk, is matched today by the belief of Iraqi politicians in Al Sistani. The major difference is that Al Sistani did not place himself on such a high pedestal. All Iraqi politicians, be they Sunnis, Shiites or Kurds, head for the cleric's humble house in Najaf whenever a problem arises or they want to prove a point or make a political decision. All of them drop his name in their statements to enhance their position, and most of them give the impression that they have gained his blessing for their endeavours. After the State of the Law coalition headed by Nouri Al Maliki and the National Iraqi Alliance decided to unite in a front that will presumably give them the power to establish a government, both entities agreed that they would defer to Al Sistani should any dispute arise between them. Following this announcement, however, a source close to Al Sistani told news agencies that the cleric was not aware of the agreement, and had not been consulted. The questions that should be asked are: Who is Al Sistani, how did he become so powerful in a country where virtually every street needs a military force to keep the peace, and each and every governorate may call for independence at any given moment? Al Sistani was born in Mashhad, Iran, to a family of religious scholars. In 1951 he went to Iraq to study in Najaf under the late Grand Ayatollah Abu Al Qasim Mousavi Khoei. Al Sistani rose in religious rank to be named a marja in 1960. At the unusually young age of 31, Ayatollah Al Sistani reached the senior level of accomplishment known as ijtihad, which entitled him to pass his own judgments on religious questions. What makes Al Sistani so special to Iraq in these very difficult post-Saddam days? Sistani opposes the partitioning of Iraq, and in particular the ceding of Kirkuk to the Kurds. In fact, were it not for Al Sistani, the Iraq map would today look very different. The cleric also opposes sectarian strife, and stood with the Sunnis after the bombing of the Imam Al Askari shrine in Samara, protecting them from possible revenge attacks. He urged Iraqis not to resist the invading forces because that would only prolong their stay. He has pointedly refused to meet with US government representatives. It was his opinion that prompted the US to allow the UN a greater role in Iraq's reconstruction, as well as to allow a constitution to be written prior to elections, which he urged be held in 2004. He insists that Iraq is a part of the larger Arab world, and — somewhat surprisingly — opposes Iran's attempt to dominate the country. Most importantly, he is against the notion of velayat-e-faqih, or rule by Islamic jurists. Moreover, Al Sistani has opposed efforts to move the Shiite theological school, or Al Hawza, to Qom, Iran, and insisted that it remain in Najaf despite the unstable state of affairs in Iraq. Al Sistani has emerged as a wise cleric who has opposed moves that could might have made Iraq's future even more unpredictable. However, Iraq's current politicians are not as wise as he is. Wrong path Whenever there is an obstacle or a hurdle that has to be overcome, the Iraqi politicians start their trek to Najaf. The danger is that these politicians are falling into Iran's trap, seeking — despite Al Sistani disavowal of velayat-e-faqih — the creation of a state in which political Islam rules. Given Iraq's multitude of sects, religions and ethnic groups, applying velayat-e-faqih is like embracing a Molotov cocktail that is likely to explode into a civil war. Time and again, Al Sistani has emphasised that he distances himself equally from all Iraqi political blocs, parties, groups and individuals. He also understands the importance of Iraq's constitution, for without it, what is the use of Iraq's newfound democracy? In the words of Steven Lee Myers of The New York Times, no one man in Iraq had more power to change the outcome of the country's elections than Al Sistani. And yet he has refused to wield it, shaping the relationship between Islam and the state at a crucial juncture in Iraq's history. Al Sistani wants to guide but never rule, a distinction that is not understood by Iraqi politicians who go to see him to prove their points of view, and return claiming to have received advice from the old, ailing man who wants nothing more than a strong, united Iraq. Iraq has reached a very delicate and dangerous crossroads, for without a government, life is at a standstill. Without a civil government that does not resort to sectarianism and quotas, Iraq will remain weak, fragile and likely to be controlled by its neighbours' agendas and schemes. It would be wonderful if Iraq's politicians were more like Al Sistani. http://gulfnews.com/opinions/columnists/iraq-could-do-with-more-al-sistanis-1.636836

Reached the final stages - reducing the nomination in (National) and the announcemet by busery90 Published on 06-04-2010 09:51 PM - Dinar Speculator Post Iraq Constitution Expect the leadership of the National Coalition Baha Araji, Friday, to witness this week the official announcement of the Alliance coalition rule of law and the national Iraq, stressing that the negotiations between the parties and in the final stages, while revealed that the number of candidates for the presidency of the government have been Tkulaism to one candidate from each coalition. "They said:" The coalition of state law, settled on a candidate's official prime minister, Nuri al-Maliki "N, noting that" the national coalition is stable until the clock on the candidates and Ibrahim al-Jaafari and Adel Abdul-Mahdi to be selected one and be interview-Maliki. "And Araji that" the end of the week will finalize the composition of the Committee of 14, which is assumed to choose a candidate head the next government. He Araji: The prime minister in the next government will go to the National Coalition exclusively. He added: "The post of prime minister in the next government will share of one of the leaders of the National Coalition Iraqi exclusively, and that the chances of al-Maliki to take this position for a second term is no longer possible in accordance with the mechanisms that will be developed by the Joint Committee with a coalition of state law. And Araji, said his bloc was committed to Bmarchaa for prime minister Ibrahim al-Jaafari in the absence of getting to the admissibility of the Special Committee to offer our candidate Jaafar al-Sadr. He Araji: that in the absence of a Jaafari to accept the Special Committee to offer our candidate, the other a member of the coalition, the rule of law, Mr. Jaffer Mohammed Baqir al-Sadr. noting "that al-Sadr won second place in the poll conducted by the Sadrist and he would support the nomination of Jafar al-Sadr to head the government if not successful Ibrahim al-Jaafari to win the premiership and the Sadrist movement is committed to including approved by the Iraqi people in a referendum conducted by the nomination of a personal the next prime minister. so denied a member in the list of state law that deliberately list to provide a compromise candidate to replace al-Maliki to resolve disputes between the state of law and the National Coalition on the prime minister post planned on board the last Ptrchik one person with him to prevent the dispersal of votes., "said Khaled al-Yawar : The "coalition of the rule of law does not have a candidate only Nouri al-Maliki is no truth to claims that indicated that our list of a compromise candidate alternative to Maliki." The al-Yawar that "the rule of law adheres candidate through the only al-Maliki for the prime minister post for a second, and the chances of Maliki's great in the job since it is the only candidate for our list, while the National Coalition on more than one candidate. "For his part, about the National Coalition led by Ammar al-Hakim that he would seek to nominate one person for the position as prime minister if he persisted in his ally, a coalition of law to adhere to the Maliki as the sole candidate, due to lack of distracting sounds. She said a member of the Iraqi National Coalition Kamilp Moussaoui: "In the case kept the coalition of the state of law Nuri al-Maliki as the sole candidate for prime minister, the National Coalition will nominate one candidate to prevent the dispersal of his votes." The al-Moussawi that "adherence to the rule of law a single candidate is can not be explained, "pointing out that" the insistence of the rule of law on the candidate only, will the National Coalition to keep one candidate also so that there is not any distraction of the votes. "This said a member of the National Coalition Taha shield the differences between the coalitions," the national and state law is technical, not political and technical matters can be overcome to overcome because it is not about political matters. and the shield of the moment, it is the Iraqi National List is the list most, because coalitions are not merge with each other yet. He explained "should be made to agree on one label and the head of the coalition and this followed to be consensus on all the steps to be made by the new coalition government through the President. adding "we are determined to walk this way to the end and enter the House of Representatives and the President of one name and one program, one sympathetic to all the details of work even with the other blocs.

Brass Posting For Frank Essence of Post: Prayer then This: Knarf, Frank and I got on a conference call.... They both agreed that 1... (certification) is done.... and they both agreed that 2... (selection of PM) is done..... So I asked them... What do you think we will see on Sunday? It is expected on Sunday the new PM will be seated in an open session of parliament... and that they will... finally... enact the budget which would expose the new rate... Even if that choose not to enact the budget.... The Kurds have joined the ruling coalition... but their acquiescence came at a price.... Art 140... Part of 140 includes the Oil contracts... These oil contracts would..... expose the new rate.... the same rate the MOP put out Sept 09... Brass ----------------------------------------------------------------------------------------------------- See Post:

/the Rumors are certainly picking up pace, now that the real possibility of an Rv is on the horizon. We have all watched with anticipation the election process since March 7..... the Iraq government is still not in place,... but we are a dozen steps closer. It will happen just as sudden as a modern day earthquake. Everyone knowing the possibility.... just not sure when.

Enorrste: Analysis of Most Recent Events: Part 3 - Parliament June 5, 2010 · Posted in DDT - CHATS / POSTS Analysis of Most Recent Events: Dates, Rates, and Parliament After catching up on all of the chats and articles thismorning I thought it might be helpful if I presented a summary of where we are. I will address Rates, Dates, and the situation in Parliament leading up to the PM and Presidency positions. The last topic is the Parliementary situation. The Parliamentary Situation leading to the RV Several good articles have come out today that lead me to believe that my prediction is going to be proven correct. As you may recall it is my prediction that Allawi will form a coalition between his Iraqiya group, the Kurdish group, and at least a portion of the INA group. Here is what we have from today: “The formal announcement of the National Alliance [iNA] and the rule of law{Maliki’s group] will be the end of next week., Explaining that ‘the National Coalition settled on my name, Adel Abdul-Mahdi, and Ibrahim al-Jaafari to be the one against the candidate of the rule of law Nuri al-Maliki's candidacy for the post prime minister.’" http://www.khabaar.com/news.php?action=view&id=10682 From this article we see that the State of Law and the INA “believe” that they have formed a coalition with either Mahdi orJaafari heading the ticket, and not Maliki. On the other hand we have this out today: “BAGHDAD / Aswat al-Iraq: There are no plans within the Al-Iraqiya Bloc tosupport the candidacy of Vice President Adil Abdilmahdi to become Iraq’s new prime minister (PM), said Osama al-Nejeifi, a leader in Al-Iraqiya. “’According to the constitution and as election winner, Al-Iraqiya deserves to form the new government, with the bloc’s Head Ayad Allawi as prime minister,’ al-Nejeifi told Aswat al-Iraq news agency on Saturday.’ http://en.aswataliraq.info/?p=132719 This article is stating that Allawi’s group, Iraqiya, has no plans at present to support Mahdi as Prime Minister and that it is reserving the constitutional right of Iraqiya to attempt to form the government, as supported by the UN early this week. At the same time, however, we are seeing cracks in the coalition of INA in dealing with Maliki. Here is the article important quote: “Suhail and stresses that ‘each candidate for prime minister of coalitions should be subject to the discussion table,’ adding that ‘there are some observations to the National Coalition against the performance of outgoing premier Nuri al-Maliki during the previous period.’" http://translate.googleusercontent.com/translate_c?hl=en&sl=ar&tl=en&u=http://www.irqnta.com/news/2010/06/05/2010-06-05-09.htm&rurl=(translate.google.com&usg=ALkJrhjoVJ5AZQ94xJ9-_1ziyZF0fugLhQ Here we see that the INA, led by Mahdi but also including Al-Sadr, Jaafari,and others, is not comfortable with the leadership of Maliki. Now here is where the news today gets even better: “A source close to the leader of the coalition [iNA], the rule of law and the Prime Minister's outgoing Nuri al-Maliki, for signs of dissent within the Iraqi National Coalition, because directions of the Supreme Council of Islamic alliance with the Iraqi rejected by the rest of the wings of the National Coalition Chairperson, as pointed out that components of the Sadrists and the Virtue Party and the National Conference threatened to secede and alliance with a coalition of state law, if continued approached the Supreme Council of Iraq. The source said in an interview with "Alsumaria News", "The Supreme Council is singing outside the trends of the rest of the National Coalition by seeking to cancel the alliance with the state of law and direction to about the Iraqi List, with Iran pushing for the success of the alliance between the National Coalition and the rule of law." http://translate.googleusercontent.com/translate_c?hl=en&sl=ar&tl=en&u=http://www.alsumarianews.com/ar/1/7424/news-details-.html&rurl=translate.google.com&usg=ALkJrhge7bGlb_EIQlu3nmeKWmuQIArw_Q What we are seeing here is that portions of the INA are threatening to secede from the INA out of frustration with Maliki and his insistence that he lead any coalition finally formed. This is a fairly long article so I will summarize it. The problem here is that the INA is made up of 4 a major blocs. The INA is also strongly backed by Iran. Iran is insistent that Maliki not be the candidate for the next PM slot but also insists that a Shiite government be formed. Iran would accept either Mahdi or Jaafari as PM from the INA block, but not Maliki. Of course Maliki insists that he be allowed to continue as PM. This is exactly where the State of Law(Maliki) coalition is at a standstill with the INA (again, made up of four separate blocs itself). We also have the problem of Iran interferring with Iraqi politics. It is doubtful that the Iraqi people are in favor of such interference. Allawi has come into the picture and is trying to peel off at least a couple of those blocs in INA to support him instead. Here is the quote from within the same article: “Increased the chances of the National Coalition [iNA] to accentuate the differences between al-Maliki, Allawi, which made both parties rely on the National Alliance with him to form the government, in addition to the complexity of the negotiations between the National Coalition of state law to form a Shia alliance, encouraged Iraq to open up to the National Coalition, which has increased from his collection, also aspires to achieve the coalition gaining a post as the next prime minister by candidate, Adel Abdul Mahdi. “ What we see here is that Allawi is asking to “open up the National Coalition [iNA]. This would effectively destroy Maliki’s chance to continue as PM. Now, moving back briefly to the first article I mentioned above, we see that Maliki is specifically being excluded from at least a portion of the INA, and that either Mahdi or Jaafari would be placed in the PM slot if the INA is able to form a Shiite coalition. Of course we know that at this point Maliki is not going to turn over his State of Law votes to either Mahdi or Jaafari. So where does that leave us? Not surprisingly, we have Allawi in the background trying very hard to break the INA and gather at least of portion of those votes to himself. However, in addition to that, only Allawi seems to be having success in getting the Kurdish alliance to come to his side. Maliki has shown no success in this area, as far as I can see, and neither Mahdi nor Jaafari from within INA have made any gestures that have been published toward the Kurdish Alliance. Finally, we have Allawi on record stating that the new government must be “inclusive" and allow for all parties to participate. Against that we have the RECORD of Maliki which is more separatist. Therefore, it seems to me that Allawi is going to be successful. He will have his own Iraqiya group, largelySunni. He will make a deal with the Kurdish Alliance to allow them a vice-presidency or ministerial position(s),and he will be successful in either getting all of the INA to follow him (Shiite) or at least two of the four blocks from within this group. The result will be over 175 votes total, enough to rule. Furthermore, it will enable him to make a truly inclusive government which will be good for Iraq. If he cannot obtain a sufficient 80% vote on the first ballot or two he may step down in favor of Mahdi, a Shiite (recall that 60% of the country is Shiite). Mahdi may also become a compromise candidate because of Allawi’s less than stellar past in the country. However, in any case, I believe we will see an inclusive government that will include Allawi, Mahdi, and Jaafari in various positions of importance, and that Maliki, if he is to participate at all, will lead the opposition party in the parliament. I hope that this analysis enables all of us to have a clearer picture of the bizarre political maneuverings in the strangest of all countries, Iraq. Next I will attempt to handle dates related to the Parliament, the PM and Presidency positions, and, finally, the RV. Steve

June 5, 2010 - 09:05:30 ARBIL / Aswat al-Iraq: Making no end to the first session of Iraqi Parliament is an approach to circumvent the country’s permanent constitution, said Sheikh Lateef Mustafa, a prominent leader of the Goran Kurd Political Bloc. “There is no legal or constitutional foundation to postpone the Parliament’s first session, and putting no end to the session is heresy,” Mustafa told Aswat al-Iraq news agency on Saturday. Mustafa, who is an expert in constitutional law, explained that the Iraqi Parliament should meet within 15 days after the election results are approved by the judiciary. “No extensions are allowed in this regard,” Mustafa stressed. The Iraqi Federal Court approved the country’s parliamentary election results on June 2, 2010. MH (P)/SR http://en.aswataliraq.info/?p=132725

Another Allawi bloc member killed SaturdayJune 5, 2010 - 06:16:28 ANBAR / Aswat al-Iraq: A member of former Iraqi Prime Minister Iyad Allawi’s al-Iraqiya bloc was killed along with two civilians in an improvised explosive device blast inside his clinic in central al-Qaim district, western al-Anbar province, a police source said on Saturday. “Dr. Ihab Saleh, the director of al-Obaidi Hospital in al-Qaim district, (480 km) western Anbar, and a candidate of al-Iraqiya bloc, was killed on Saturday along with two civilians in a blast from an IED that was planted inside his clinic,” the source told Aswat al-Iraq news agency. The source did not give further details, Qaem lies 480 km west of Baghdad. Earlier, a security source in Ninewa province told Aswat al-Iraq on Saturday that unidentified gunmen clad in security forces uniform shot dead Faris Jassim al-Juburi, a candidate of al-Iraqiya, inside his house in al-Mawali village, (30 km) west of Mosul city. On May 24, another al-Iraqiya candidate, Bashar al-Ekeidi, was killed along with his chauffeur, when unidentified gunmen opened fire on them in front of his house in al-Amil neighborhood, western Mosul. Also, on February 7, 2010, al-Iraqiya bloc female candidate Soha Abdullah Jarallah, was shot down in an attack by gunmen using guns with silencers in the area of Ras al-Jada, western Mosul. Allawi’s Iraqiya bloc had won Iraq’s March 7 legislative elections with 91 seats, only two seats ahead of incumbent Prime Minister Nouri al-Maliki’s Dawlat al-Qanoon (State of Law) which won 89 seats. The predominantly Sunni province of al-Anbar lies 110 km west of the Iraqi capital Baghdad. AmR (S)

LMAO

Fellow DV Members, Just FYI Phoenix Post: After the Gold Rush (Reply to Franklin54) JUNE 5, 2010 · POSTED IN CHATS / POSTS In response to Franklin54: First off…it is very evident that many people have allowed themselves to become emotionally entangled with the current political situation in Iraq. This is understandable because of the investment of the Iraqi Dinar but should be avoided if possible and all must strive to use logic over emotion when dealing with this or any other investment. You wrongly seem to think that I am somehow backing Maliki for the position of PM and if so you have misunderstood. You see what we have is “Devil number 1″ verses “Devil number 2″. Both have served as PM and both have bad points. But we must stay focused on the facts and those facts are: 1. The PM of Iraq has NOTHING to do with the exchange rate of the Iraqi Dinar. 2. The PM of Iraq is NOT a dictator and does NOT have the power to make sweeping changes without the Parliament of Iraq passing the laws FIRST. Yes…the Iraqis have seen little to no progress from the GOI in the past 4 years but who is to blame? Malik! i the PM? Or the Iraqi Parliament which refused to pass important legislation? Anyone with a brief understanding of the Iraqi political process knows that the Iraqi Parliament holds the power in Iraq to make changes for the people. The PM only has the power to approve the actions of the Parliament but if no actions have been taken and no laws passed then the PM is powerless to help the people. So who is to blame for no clean water or power in Iraq? The Iraqi Parliament who refused to show up for work and refused to even discuss any law that would help the people of Iraq. As far as “Devil number 1″ verses “Devil number 2″ I could not care less who is the next PM of Iraq but I do like the fact that Maliki is hated by the radical cleric Al-Sadr…..and any enemy of AL-Sadr is friend of the U.S. But all in all as far as the RV goes it matters not who is the PM of Iraq. Yes it is very important to have the government seated and the new PM selected and this will happe! n soon but do not be surprised to see Maliki or one of his right hand men become the PM and when this does happen it will have nothing but a positive effect for the investment climate in Iraq and will be good for us as investors. Remember that Alexander the Great declared all of the Arab regions as “ungovernable” for good reason and I assure you….nothing has changed. I recommend to all to disengage emotionally from the political situation in Iraq and know that all is well no matter who becomes PM for as stated above the PM of Iraq has no control over the exchange rate of the Iraqi Dinar….all we need to see is the Parliament seated and the PM in place….no matter who it is. Phoenix As far as Devil #1 vs. Devil # 2 here is something to keep it all in perspective: ‘Allawi assassinated 7 prisoners himself?” LINK TO AFTER THE GOLD RUSH POST OF ARTICLE Tags: no tags

http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.ipairaq.com%2Findex.php%3Fname%3Dinner%26t%3Dpolitics%26id%3D26228 Americans consider Allawi personal unstable and has no willingness to stay long in Iraq 2010-06-05 15:51:41 06/05/2010 15:51:41 [-] نص [+] [-] Text [+] بغداد ( إيبا ).. BAGHDAD (Iba) .. شكلت سفريات رئيس القائمة العراقية اياد علاوي المتكررة والمتقاربة الى خارج العراق احدى الملاحظات التي تعترض طريقه لتولي رئاسة الحكومة العراقية. President of Travel formed the Iraqi National List, Iyad Allawi repeated and convergent out of Iraq, one of the observations that stand in its way to the presidency of the Iraqi government. ونقلت صحيفة العالم العراقية عن دبلوماسي خليجي قوله ان الامريكان يرون في علاوي شخصية غير مستقرة، وليس لديه استعداد نفسي للاقامة الطويلة في العراق ناقلا عن مسؤول في الخارجية الامريكية اشارته الى ان علاوي يفضل بقاءه خارج العرق لأي سبب كان، ولا تثنيه عن ذلك ضرورة قصوى تستدعي وجوده في بلاده. The newspaper quoted the world, Iraqi Gulf diplomat as saying that the Americans see Allawi personally unstable, and is not ready myself to stay long in Iraq, citing State Department official, referring to Allawi prefer to stay out of race for any reason, do not be deterred from the absolute necessity require presence in the country. وتضيف الصحيفة نقلا عن الدبلوماسي الخليجي ان المسؤول الامريكي اضاف لا اعرف ما اذا كان بامكان شخصية كهذه ان تقود بلدا مضطربا الى بر الامان واصفا علاوي بانه رجل كسول.(على حد نقل الصحيفة) The newspaper adds, quoting diplomatic Gulf, the U.S. official "I do not know if it was possible for such a figure to lead the troubled country to safety, describing Allawi as a man lazy. (To transfer the newspaper) واشار المسؤول الامريكي الى ان علاوي سافر خلال ولايته القصيرة 10 مرات! He said the U.S. official said Allawi traveled during his short 10 times! ملاحظات المسؤول الامريكي تؤشر ان الامريكان ربما لا ينظرون بعين الجدية الى ان يكون علاوي رئيسا للحكومة القادمة ، وربما هذا ما يفسر صمتهم ازاء العملية السياسية في العراق والمباحثات متعددة الاطراف والاتجاه المتعلقة بتشكيل الحكومة الجديدة. U.S. official comments indicate that the Americans probably do not look into serious Allawi to be the next prime minister, and perhaps this explains the silence about the political process in Iraq and multilateral talks and direction on forming a new government. واذا كان الانطباع الامريكي نحو علاوي بهذا الاتجاه فان عدم وجود بديلا له للترشح الى رئاسة الحكومة من الاعضاء ( الشيعة ) في القائمة العراقية بعد ان توزعت المناصب السيادية حسب التقسيم الطائفي والعرقي على الطريقة اللبنانية فأن المراقبين يذهبون الى ان تدعم العراقية مرشح الائتلاف الوطني مع الاعتراف بحقها الدستوري بتشكيل الحكومة كما تم التصريح بذلك مؤخرا . If the impression the U.S. about Allawi in this direction, the absence of a substitute to run for the presidency of the government members (Shiites) in the list of Iraq after the divided positions of sovereign by sectarian division and ethnic Lebanese way, observers are going to support the Iraqi candidate national coalition with the recognition of their right the formation of constitutional government, as was permission to do so recently. ويشير المراقبون الى ابتعاد علاوي عن التفاعلات الجارية في العراق بغيابه المتكرر عن المناسبات التي جمعت قيادات الكتل السياسية زالتي يرى فيها البعض فرصة لعقد لقاءات بين القادة السياسيين الكبار خاصة بين علاوي والمالكي. Observers point to move away Allawi about the interactions taking place in Iraq repeated its absence on events which brought together leaders of political blocs Zalte seen by some as an opportunity to hold meetings between senior political leaders, especially between Allawi and Maliki. وقد غاب علاوي عن مأدبة الغذاء التي اقامها رئيس الجمهورية جلال طالباني لقادة واعضاء الكتل السياسية ، كما كان الغائب الوحيد من قادة الصف الاول عن مؤتمر حزب الاتحاد الوطني الكردستاني الذي يقوده طالباني. Allawi has missed the luncheon, hosted by President Jalal Talabani, leaders and members of the political blocs, as was only absent from the leaders of the first row of the Conference of the Patriotic Union of Kurdistan led by Talabani. كل هذا يجعل من التساؤل حول جدية علاوي في اللقاء مع القيادات السياسية المختلفة مشروعا مع استمرار تفضيله السفر عن حضور مثل المناسبات المذكورة. All this makes the question about the seriousness of Allawi's meeting with leaders of various political projects with the continued preference for travel to attend such events in question. كما تصبح تساؤلات المسؤول الامريكي بقدرة علاوي على ادارة بلد مضطرب مثل العراق وهو يقضي من الوقت خارجه اكثر مما يقضيه في الداخل ، الامر الذي دفع بمنتقديه ومنافسيه الى القول بان علاوي يستعين بالخارج اكثر من استعانته بالعراقيين لتولي الحكم . Also becomes the official questions U.S. ability to manage Allawi, a troubled country like Iraq, is serving time spent outside than inside, which made its critics and rivals to say that Allawi uses abroad for more than employing Iraqis to rule. ويشير منافسون علاوي الى انه لم يستطع احراز الاصوات التي جعلته في مقدمة الفائزين بالانتخابات البرلمانية الماضية لولا دعم (السنة) له ، للك فهم يرون في العراقية قائمة تمثل المكون (السني) ويجب حصر استحقاقها برئاسة مجلس النواب.(النهاية)/ز/.. Indicates competitors Allawi that he could not win the votes that made him at the forefront of the winners of parliamentary elections last without the support of (year) has, for you, they believe, the Iraqi representative list of the component (Sunni) and should be limited due under the chairmanship of the House of Representatives. (End) / g / ..

Thank you Ron!! I am so lost in translation becouse the translation needs translation. LOL You are so awesome!!!!!!!!!!!!! Carla

BAGHDAD — An anti-American Shiite cleric is calling on Iraq's top political leaders to hammer out an agreement on a new government within the next week. In a statement released Saturday evening, Shiite hard-liner Muqtada al-Sadr urged President Jalal Talabani, Prime Minister Nouri al-Maliki and former premier Ayad Allawi to set aside their personal differences and end the political crisis that has stymied the formation of a new government since the March 7 election. Al-Maliki and Allawi are political rivals who each want to be Iraq's next prime minister. Al-Sadr's statement comes as Talabani faces a June 15 deadline to seat the newly elected parliament. It also serves in part as a reminder of al-Sadr's growing influence after his party won 40 seats in parliament. THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below. BAGHDAD (AP) — Gunmen killed a third candidate from the Sunni-backed coalition that won the most seats in Iraq's March parliamentary election, a slaying the alliance said Saturday was part of a politically motivated campaign of assassinations. Faris Jassim al-Jubouri's attackers came to his home in the middle of the night dressed in army uniforms, according to brother Marwan Jassim, a police officer who was there at the time. He said they demanded details about al-Jubouri, then found him sleeping on the roof to escape the heat, shot him three times, and fled. Police and morgue officials confirmed the killing. Al-Jubouri had run on the secularist Iraqiya list. "This killing is part of series of assassinations targeting members of the Iraqiya list, definitely for political reasons," said party spokeswoman Maysoun Damlouji. "The Iraqiya list does not want to escalate the situation, but we won't sit silent over the killing of any Iraqi." The Iraqiya coalition, headed by former Prime Minister Ayad Allawi, has been at the center of a political showdown since Iraq's inconclusive parliamentary election on March 7.z Iraqiya won two more parliamentary seats than its closest rival, led by Prime Minister Nouri al-Maliki, but no single group secured an outright majority, making a coalition government necessary. Al-Maliki's Shiite-dominated party has joined up with a Shiite religious bloc in hopes of capturing enough seats in parliament to run the next government. Iraqiya received much of its support from Iraq's disaffected Sunni minority, which lost its political dominance with Saddam Hussein's 2003 ouster. There are fears that if Iraqiya is left out of the next government — despite its election win — that Sunnis could feel further marginalized and violence could worsen, particularly attacks against government security forces. Al-Jubouri, a former military pilot during Saddam's regime, had not been expected to take a seat in the new parliament because he had failed to win enough votes. He was the third Allawi-linked candidate to be gunned down in and around Mosul in recent months. Also Saturday, a senior Kurdish official in northern Iraq said Iranian troops have crossed the Iraqi border in pursuit of Iranian Kurdish rebels and are encamped in a border village about a mile (1.6 kilometers) into Iraq. About 35 Iranian soldiers remain in the village of Perdunaz after crossing the border two days earlier, according to Jabar Yawar, a deputy minister in the Kurdish autonomous region. Iranian troops have been shelling the region for days in pursuit of a Kurdish rebel group known as the Party for Free Life in Kurdistan, or PEJAK, he said. Iran has previously targeted the border areas in pursuit of PEJAK fighters. A PEJAK official, speaking on condition of anonymity because of the sensitivity of the situation, said the group's fighters killed two Iranian soldiers in a raid June 1. Iran's reported incursion could be aimed at preventing further cross-border assaults. Iraq's Defense Ministry declined comment. Iranian officials were not immediately available to comment. http://www.google.com/hostednews/ap/article/ALeqM5hwK_CSpBxsNuVUEaDuOwmSSCiqGwD9G58U3O0

http://www.truthorfi...bush-fthood.htm The doctor had his TV on in his office when the news of the military base shootings at Ft. Hood , TX came on. The husband of one of his employees was stationed there. He called her into his office and as he told her what had happened, she got a text message from her husband saying, "I am okay." Her cell phone rang right after she read the message. It was an ER nurse," I'm the one who just sent you a text, not your husband. I thought it would be comforting but I was mistaken in doing so. I am sorry to tell you this, but your husband has been shot 4 times and he is in surgery." The soldier's wife left Southern Clinic in Dothan , AL and drove all night to Ft.Hood. When she arrived, she found out her husband was out of surgery and would be OK. She rushed to his room and found that he already had visitors there to comfort him. He was just waking up and found his wife and the visitors by his side. The nurse took the picture shown below. What? No news crews and cameras? This is how people with class respond and pay respect to those in uniform. I sent my cousin in Fayetteville , N.C. (Retired from Special Forces) that picture of George W. visiting the wounded at Ft. Hood . I got this reply: What is even better is the fact George W. Bush heard about Fort Hood, got in his car without any escort, apparently they did not have time to react, and drove to Fort Hood. He was stopped at the gate and the guard could not believe who he had just stopped. Bush only asks for directions to the hospital then drove on. The gate guard called that "The President is on Fort Hood and driving to the hospital." The base went bananas looking for Obama. When they found it was Bush, they immediately offered escort. Bush simply told them to shut up and let him visit the wounded and the dependents of the dead. He stayed at Fort Hood for over six hours, and was finally asked to leave by a message from the White House. http://www.sodahead....se/blog-262327/ Obama flew in days later and held a "photo" session in a gym, and did not even go to the hospital. All this I picked up from two soldiers here who happened to be at Fort Hood when it happened. This Bush/Obama/Ft.Hood story is something that should be sent to every voter in the US . Those who wanted "change" certainly got it. <>< Paul & Cindy ><>

A wonderful read let hope that the rv is so soon.

Now it starts again. I honestly wonder who is behind this - Maliki, al-Sadr, the Al-Quaida...? God help the Iraqi people, and God help us all...! The GOI must crack down hard - or this will get out of hand. It could be Maliki trying to set up a duplicate situation as in the 2008 crack-down... Just a thought.... RON

Medic chat: Dinar Speculator 6/3/10 @ 7:00pm June 3, 2010 · Posted in DDT - CHATS / POSTS Med says to (19:42:10): HEY ALL I WANT TO GO OVER ONE RUMOR OK CAN I HAVE THE FLOOR FOR A MINUTE THERE IS A RUMOR GOING AROUND FROM ANOTHER FORUM ABOUT PARLIAMENT MEETING THIS WEEKEND AND PASSING THE RV FOR THE 8TH OK FIRST NOT AND I REPEAT NOT GOING TO HAPPEN I DON’T KNOW WHO THIS GUYS SOURCES ARE BUT I HOPE HE CHANGED THEM FROM THE SECRET WEEKEND REVALUE OF 3.22 HE GAVE THE SAME FORUM WEEKS AGO CUZ IT IS STILL A SECRET OK ENOUGH OF MAKING HIM LOOK LIKE AN IDIOT HE DOES ENOUGH OF THAT ON HIS OWN BUT HERE IS THE ONE REASON THIS IS A BUNCH OF BS PARLIAMENT DOES NOT APPROVE AN RV DUH IT IS THE PM, IMF AND CBI WHEN IS THIS GUY GONNA ACTUALLY STUDY HIS INVESTMENT THEN WHAT SHOULD I EXPECT FROM SOMEONE WHO DOCTORS UP A SNAPSHOT OF CBI’S WEBPAGE TO SHOW IT HAD RV’D AT 3.65 DUH IT NEVER SHOWS THE USD RATE IT ALWAYS SHOWS THE IQD RATE AND THE FONT WASN’T EVEN THE SAME AND THE . DIDN’T LINE UP WITH ALL THE OTHER CURRENCY VALUES BELOW THEN WHEN DUSTYDINAR PULLED A CACHED PAGE OF THAT DAY FOR CBI IT WAS NEVER SHOWING A USD RATE OF 3.65 HE CAN BS ALL HE WANTS TO PROTECT WHO HE IS IN REAL LIFE BUT WHEN YOU FORGED DOCUMENTS AND OUTRIGHT GIVE FALSE INFO YOU DESERVE TO BE SLAMMED OK ALL DONE TY VERY MUCH

I agree, good analogy...but the prices of everything, goods and services and yes, salarlies, will be adjusted during the RV...in other words, a maid will not make a million dinar for service rendered. This will be a re-set of the country...Agree? And I really hope that people will invest what they can really afford...don't gamble your rent or grocery money...as something could still delay the plan. Iraq does need a tradeable currency...now we will see the value they attach.

You will Receive an email from Adam !!!!!!!

State of Law, National Alliance finalize talks Friday, June 04, 2010 @ 11:35 GMT - Al Sumeria News Iraqi National Alliance senior official Bahaa Al Araji expected the official announcement of an alliance between State of Law and National Alliance by next week. Talks between both coalitions have reached their final stage, Al Araji said. Candidates from both coalitions have chosen one candidate from each party, he added. The State of Law Coalition has chosen Prime Minister Nuri Al Maliki while Iraqi National Alliance has settled on Ibrahim Al Jaafari and Adel Abdul Mehdi from which one will be chosen, Al Araji added. http://www.alsumaria.tv/en/Iraq-News/1-50070-State-of-Law%2CNational-Alliance-finalize-talks.html

Have no doubt...he's not out. Till the fat lady sings........we won't shout...RVVVVVVVVVVVVVVVVV. As my buddy always says...SOMETHING will happen.

If I had a dollar for every time you posted this I could feed my family at McDonald's. Lighten up... it's a joke and we could split a happy meal ok!! I am with you on one thing though, RV Soon. Happy weekend to everyone!!

I've picked up most of mine from dinartrade.com. I get them cod...so I know I get them. They have been very good so far. PS...after you buy them...make sure you tell your family and friends about them so they don't hound YOU for money.

Maliki a great leader. I don t think so , he s delayed certification of this election for 3+ months , while he tried to make backroom deals to circumvent the election results. Under his leadership he has not been able to to get basic services restored in 4 years , oh he has managed to lose 11 BILLION USD and pay himself $2 MILLION a month for 4 years of squat. Great leader.......... NOT. Allawi is no saint , the best man for the job (Talibani) does not want the job . Please do not praise this 2 bit wanna be , I can only take so much.

Wait, #2 is done? Allawi is Prime Minister? I must have missed something....!?!?! And what's this about a code word!? Seriously? The original article said "freking" or this guy KNARF said "freking" which is code for... what? RV? So confused....

Enorrste asking for help: ***************- 6/3/10 11:00pm June 3, 2010 · Posted in DDT - CHATS / POSTS Part 1 There are three things that I have heard or read in the last 3 days that I cannot find either the article or the confirmation for. I’d like anyone who has this info to post the links for me here. First, I read that Talibani is calling the first session of parliament on the 10th of June as I said last night. I saw this yesterday but for the life of me can’t find it now. It now may happen that he will call them to order at the first of next week. Which is right? Help! Second, we heard reports that China was urging Iraq to RV the dinar, as again I reported last night. I believe I was told that it came from a Reuters article but I cannot find it. I believe the dong was also mentioned. Help! Third, I also reported sincerely last night that both the US and the UN were pressuring Maliki to step aside. Specifically I was told or read that they believed the interpretation of Article 76 was bogus and that Allawi won outright and has the right to form the new government. I was also told/read that the UN would even consider withholding Ch 7 release if Maliki did not accept this. I have seen the link where Maliki was talking at a Kurdish conference and obliquely mentioned “international interference to extend Chapter 7″ but I cannot find the article where the UN or the US ambassador actually talked about this. Help! Thank you in advance to anyone who can find these three links for me. Steve Part 2 Thanks to all who tried to help. Obviously Rebeckie gets the first prize with the Talibani June 10 statement. As I feared, however, the other two supposed documents remain “illusive” to say the least. This is a problem with dealing with chats from other sites and “intel” that is stated cavalierly as if it were true. After last night’s call, which admittedly was a “spur of the moment” thing, I decided to see if I could verify what I myself had said. As it turns out, only the Talibani date for the opening of parliament has thus far been confirmed. I would sincerely suggest that this be a lesson to us all. As you know I have no problem admitting that I may have made a mistake. Remember, it was I who asked for this help. Now I will admit that the “supposed” article from Sonny1 to Medic has yet to be produced. Therefore, IMO, I suspect that it is questionable that China went “on record” urging Iraq to RV the dinar quickly. While that would be great, having another country putting pressure on Iraq, I just don’t see the evidence, yet. Next, and this is important, I suspect that there is some evidence that the UN has made a statement that links release from Chapter 7 to the RV of the dinar. What would I do for that article? Anything! Why? Because it is literally the smoking gun to my theory that Chapter 7 has been the carrot for the UN while the RV has been the carrot for Iraq. Each holds the other, waiting for one to bite. If in fact this article exists, or that sort of statement was made, as implied by Maliki to the Kurdish Conference yesterday, what would that mean? It would mean that the last 6 months has in fact been a tug of war between the UN, holding the Ch 7 release, on the one hand, and Maliki, holding the RV, on the other. Each is saying, “you go first” and yet no one is moving. This would go a long way toward explaining how our “intel” has turned out to be “outtel” for so many months. Of course, that’s just my opinion. Thanks again for your help, folks! Steve

Cbi I mean

We're ALWAYS closer than ever... that's the wacky thing about linear time.... lmao... unless of course you bring Einstein's General and Specific Theories of Relativity into the equation and you bend the space-time continuum enough. Jeez dude lighten up.... I bet you're a gas at the office Christmas party! LOL

Change List rejects Talabani’s second term June 2, 2010 - 06:07:38 am - Aswat al-Iraq News BAGHDAD / Aswat al-Iraq: The Kurdistan Change List reiterated its rejection to President Jalal Talabani’s second term in office, the head of the list said in Sulaimaniya on Wednesday. “We still oppose the nomination of President Talabani for a second term,” Sheikh Latief Mustapha told Aswat al-Iraq news agency, noting that his list will take part in the coming government. The list had repeatedly announced that it rejects the nomination of President Talabani for a second term due to what it described as his positions against the list. SH (P) http://en.aswataliraq.info/?p=132621

Hopefully the people of these 14 states will stand behind their respective governors on this one. Thanks for the post.

Just never say it about the coins....its all hogwash

Ok here is were i think you are getting lost, the new 25 dinar and 25,000 dinar note will have the same buying power in iraq. But the 25,000 is still worth 25,000 dinar and if exchange before a given time 60-90 days you will recieve 25,000- 1 dinar notes after the time period (60-90 day) 25,000 note will only recieve 25-1 dinar notes. Its any rv because you will recieve (at 1-1 rate) 25,000- $1 usd bills or 250-$100 usd bills (its still equal to 25,000 usd's) but after a turn in period has ended the note will only be worth $25 usd. This whole process is to encourage the return of the large face bills in and outside the country of iraq.It is also aimed at getting the people of iraq to trust and use the banking system