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Showing content with the highest reputation on 12/02/2010 in all areas

  1. The Governor of Central Bank: December 1 2010 Iraqi Media Network Said Dr. Shabibi central bank governor that this year's budget an investment budget because it focused on the size of the investment Ziada. Shabibi said that the role of the central bank is to address the imbalance that would result from the development process that will result from changes in economic structure are basic. He pointed out that the central bank is to achieve development in a stable monetary environment through attention to all means and policies to achieve economic stability and moderation in the environment and the normal rate of inflation moderate. He continued: our budget relating to the conservation of its resources, is done by combating inflation. Stressing that the bank had several measures including raising the dinar exchange rate. He pointed out that the impact of this action on the budget through the impact on the purchasing power of government, will increase by addressing inflation. Shabibi said: that this policy will increase the confidence in dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation. He indicated that this action will lead to a reduction in prices of import goods such as private sector imports and the import of the government's development that comes from converting the Iraqi dinar to the dollar. He added that this policy at the time weakens the government's ability to buy the dinar, it strengthens Aldenarabraghi which is owned by the government. He pointed out that the bank wants and means to affect the economic and monetary policy by making the dinar valuable and powerful. http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=ar&tl=en&u=http%3A%2F%2Fwww.alitthad.com%2Fpaper.php%3Fname%3DNews%26file%3Darticle%26sid%3D23590
    41 points
  2. Commentary: Recent Dinar Articles Posted: December 1, 2010 Tags: CBI, Central bank, Currency, Dinar, Economy of Iraq, Foreign exchange reserves, International Monetary Fund, Iraq, Iraqi dinar, middle east, redenominate, redenomination, Reinstate, restructure, Revaluation, revalue, Saleh, United States Over the past 48 hours many articles have been published discussing items specific to the the dinar, UN, Chapter VII, IMF, and the CBI. Out of the oridinary compared to most days…. The past two days four articles have been published discussing the future of the Iraqi Dinar. Some of which has drawn some confusion just in the headline alone. The following articles will be discussed: 1. CBI Advisor: Reserves is not sufficient to raise the value of the Iraqi dinar (Nov 30) 2. CBI Adviser: Reserve is sufficient to raise the value of the Iraqi dinar (Dec 1) 3. CBI Consultant: We seek to restructure the currency (Dec 1) 4. Reduce the circulation of foreign currency increases the strength of the dinar (Dec 1) Articles 1 and 2 appear very similar except for one primary difference…the use of the word “not”. On November 30th INA published Article 1 telling the reader the CBI had insufficient foreign currency reserves to raise the value of the Iraqi Dinar. Investors familiar with Iraq and the development of its currency immediately clued in on this article as being out of line. Two reasons, I am sure there are many more. Reason 1…The week prior, news articles were published discussing how Iraq’s foreign currency reserves have grown from $40 Billion upward to $50 Billion, in country. More importantly, Reason 2….it is well published and documented the vast amount of foreign currency reserves, assets, and gold Iraq has in its possession deposited abroad, albeit seized due to Chapter VII sanctions. The actual amount of Iraq’s frozen assets are debatable however it is estimated near $1 trillion in the US alone. Therefore once Chapter VII is released Iraq will be a very wealthy nation. The following day (Dec 1) the same news agency, INA, published Article 2 with a similar headline however notably without the use of the word “Not”. Which significantly changes the dynamic of the story and is more in line with the truth. Furthermore, INA, added additional text to the Nov 30th (Article 1) quoting the CBI advisor as stating “….the improvement of the Iraqi dinar is governed by many monetary policy and fiscal policy, noting that the Iraqi dinar is witnessing strong touches of improved monetary value to him after 2003 through the growth and improve the market economy and opening up relations all the countries in the world” While the added text is not a retraction on the news agency’s part it does reflect some editorial manipulation which obviously created a need for a brand new story to be released the very next day. Articles 3 and 4 again are very similar using the word “restructure”. This is new terminology as of late however the articles are suggesting to the reader the Iraqi economy is on the verge of a “boom” period and its currency will have to reflect the economics of the country in value and worth. The primary difference between Articles 3 and 4 is the added discussion of trading the Iraqi currency globally. It is my opinion and I would imagine the opinions of many of you the term “restructure” is another play on the words we have commonly grown to know as redominate, reinstate, revaluate, etc. And in order for the Iraqi Dinar to trade globally, as Mr. Saleh desires, Iraqs dinar must be recognized internationally. So, in 48 hours, four interesting articles have been published telling the reader one significant thing. The CBI is preparing for the dinar to do something….hopefully it is a pocket full of blessings…
    26 points
  3. Why I support the United States banking system. I have been flooded with questions as of late about my stance on supporting my local bank and the United States banking system. To avoid answering the same questions many times in separate e-mails I will answer those questions publicly for the edification of all in an attempt to transparently clarify any misconceptions and questions about this subject. When I recommend that people support their local bank and the United States banking system I suggest this for many reasons. First let me be very clear on one thing, this has nothing to do with the persons who own and operate the private currency exchanges in any way. I am sure they for the most part are fine hard working people exercising their right to participate in the free market capitalistic system afforded here in the United States. So it has nothing personal to do with any persons who run the private currency exchanges but more so with the support of the United States banking system and my local community. Many have said that by going to a private currency exchange they will still be supporting their local bank because the money they receive from the private currency exchange will go to their bank and yes...that is true to an extent.... BUT! By not exchanging with your local bank you are preventing your bank from making the most profit from the Iraqi Dinar exchange. You see if you exchange with your local bank the physical Iraqi Dinar is placed into their system and marked as an asset. Physical currency has 10 times the accounting value to a bank over electronic digits and will be marked as immediate physical currency reserve which is greatly needed by all US banks at this time. Next this physical currency (Iraqi Dinar) will be sent from the banks to the US Treasury and exchanged for US Dollars for a profit to the local banks. That is where the US Banks make their profit from the exchange of the Iraqi Dinar! The rate spread that we have with the banks is not the same spread that the US Banks will get from the Treasury....so the major profit for the US banks is when they exchange the collected Iraqi Dinars with the US Treasury for a profit. Next those Iraqi Dinars that are then in the US Treasury strengthen the US Treasury and therefore all of the US Banking system and the core economy of the United States. So by going to the private currency exchanges you prevent the US Banks from making profit from the exchange of the Iraqi Dinar first with us the customer and next the exchange with the US Treasury. This loss to the banks by cutting them out from the exchange of the Iraqi Dinar could be marked in the billions not to mention the potential loss to the United States Treasury. Yes...the banks will make some money from customer deposits done through currency exchanges but the true profit and much needed liquidity that banks are suffering a lack of at this time comes from the actual physical exchange of the Iraqi Dinar from the customers into the coffers of the banks marked as hard physical asset and liquidity and the profit gained from exchange spreads both with the customer and then the United States Treasury. So for me it is a personal choice. Our nations banking system has been in crisis and our economy is stressed at this time and I will do my best to help by doing my part by supporting my local bank and the United States banking system. I served my nation in the United States military and later in other capacities and I always will. Our nation is not perfect.....but no nation is.....there may be things people do not like about our government but we are afforded the freedom to participate and change things as needed by being part of the solution as active citizens. Bottom line...my nation has never failed me in my time of need and I will not fail my nation in it's time of need and right now our economy and banks need all the help they can get and I will not deny the massive potential profit and liquidity my local bank needs at this time by not exchanging my Iraqi Dinar with them and therefore preventing them from making the profits and liquidity needed at this time. Everyone is free to do as they please but me... I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all. And in doing so...I will support my local bank and the United States banking system in it's time of need. But hey....that's just me. I hope that answers most questions. Best of luck to all! Phoenix
    18 points
  4. this has probably been posted but i can't read it too many times!!!!!! CBI confirms his quest to restructure the dinar Qatar News Agency GMT 11:12:00 2010 Thursday, December 2 BAGHDAD: Iraqi Central Bank said today it seeks to restructure the national currency "dinar" to suit the economic development. In this regard, said the central bank adviser Mzarsaleh in a statement today, "we will resort to re-structure of the currency to suit the new situation and economic progress," noting that the currency is growing day by increasing the production and economic progress and not because of inflation and version. He added that the rising value of the Iraqi dinar and the central bank has drawn up plans to maintain that, noting that the essence of monetary policy which were adopted is to stabilize the general price level. He added the Iraqi official also noted that the exchange rate of the dinar and foreign currency represents the external value of the currency where the value of internal and external value, and said, "the external value is important for the economy of oil-exporting countries and importing of goods many as we believe that monetary policy is part of the target inflation and raise the purchasing power of the Iraqi dinar http://www.elaph.com/Web/Economics/2010/12/615318.html?entry=economicsmoneymarkets GO R.V. !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    16 points
  5. To Start Of, I Dint Write This Im Just Passing It On.. Hi Guys, Just wanted to pass on an update and a good new article that I saw today from the Head of the Central Bank of Iraq. He doesn't speak often but when he does, what he says has teeth. He is the EF Hutton of Iraq. I trust him more than anyone in this investment. He has previously stated 2 things. 1. that his wish was to bring back the Dinar to the value that it had in the 70's and 80's and 2. that he wants to "re denominate the currency" before the end of the year 2010. This process has been severely slowed down by the 8 month delay in forming the government after the March elections but at this point, with the Prime Minister in place, they are working at break neck speed to get all of the ministry position in place. Maliki, the PM, has promised to have this done by mid December. The Governor of the CBI has further stated that as soon as the Government is in place he would move quickly with his monetary policy and the re denomination. All speculation is that this will happen before the end of the year. To recap: The previous words of the Governor of the CBI, Shibibi Bring back the value of the Dinar to what it was in the 70's and 80's (which was between $2.4 and $3 something. ) Begin the re denomination of the Dinar before the end of 2010. (this means to bring in lower denomination to replace the large "0" notes, which will require a change in the exchange rate to accommodate the smaller denominations) Shabibi will set this plan of re denomination as soon at the Gov is complete, (which should happen by mid Dec.) Shabibi says in the article below "....Stressing that the bank had several measures including raising the dinar exchange rate." Read the article to see what else he has to say. " The Governor of Central Bank: December 1 2010 Iraqi Media Network Said Dr. Shabibi central bank governor that this year's budget an investment budget because it focused on the size of the investment Ziada. Shabibi said that the role of the central bank is to address the imbalance that would result from the development process that will result from changes in economic structure are basic. He pointed out that the central bank is to achieve development in a stable monetary environment through attention to all means and policies to achieve economic stability and moderation in the environment and the normal rate of inflation moderate. He continued: our budget relating to the conservation of its resources, is done by combating inflation. Stressing that the bank had several measures including raising the dinar exchange rate. My comment:(Everything that he says after this is predicated on increasing the value of the dinar.) He pointed out that the impact of this action on the budget through the impact on the purchasing power of government, will increase by addressing inflation. Shabibi said: that this policy will increase the confidence in dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation. He indicated that this action will lead to a reduction in prices of import goods such as private sector imports and the import of the government's development that comes from converting the Iraqi dinar to the dollar. He added that this policy at the time weakens the government's ability to buy the dinar, it strengthens Aldenarabraghi which is owned by the government. He pointed out that the bank wants and means to affect the economic and monetary policy by making the dinar valuable and powerful. http://translate.goo...e%26sid%3D23590 " __________________
    16 points
  6. Phoenix, I appreciate your post and stance, However, Banks are a business, I am a business person and I will gladly cash in with them if they give me the best deal. If they can match cash in at $150 per million cash in then I have no problem in cashing in with them. Banks are not my charity of choice. We the little people pay huge % in taxes that get pis*ed away. We are the only country (that I know of) that taxes their citizens on income no matter where they make it or live. Big Brother taxes your income, then taxes you AGAIN on goods you buy, then taxes if you want to gift it to someone and then again when you die, the list goes on. and Yes I guess we can change it (not really sure how to go about that) many complain about it but it gets worse and worse so if it was that easy to change it I think we as a nation would of already of done that. Our fore-fathers did not leave England and put together this country with a Vision of the way things are now. I am sure they are rolling over in their graves!!! So Big Brothers job is to get as much of my money as they can, my job is to keep (legally) as much of my money as I can! Sorry to those that do not agree with me.
    14 points
  7. Currency Auctions Announcement No. (1787) The latest daily currency auction was held in the Central Bank of Iraq on the 2-DEC-2010. The results were as follows: DetailsNotesNumber of banks17 Auction price selling dinar / US$1170 Auction price buying dinar / US$----- Amount sold at auction price (US$)237,690,000 Amount purchased at Auction price (US$)----- Total offers for buying (US$)237,690,000 Total offers for selling (US$)----- Exchange rates Dollar's exchange rates / in Baghdad markets Spot Oil~$87.16 up $1.08 from yesterday morning Spot Gold $1388 off just a hair ... still running in that $5 channel for about 48 hrs Zero Cash Days 38 Straight ... on the best volume since September 22nd Of note the Market Price (SDR?) which is usually about 1185 (not the auction price which stands at 1170 but the mkt price) has been gradually increasing (going down in value) since November 4th. It now stands at 1195. While I realize that this is not even a full % change I believe that I will keep my eye on it as well. That tightening that everyone has been talking about ... exactly. I looked over the news this morning and Hammer911's post jumped out at me http://dinarvets.com...-sale-of-bonds/ The CBI advisor Mohammed Salih/Saleh either got a huge promotion overnight or he is supposedly quoting the Chancellor ... you decide ... the syntax is oddly phrased. I call him the chicken little of Iraq ... the guy I believe to be the original lopster! No ... I'm not buying ... I've been writing for days that he is at best a consultant ... we don't know IF or WHEN he last consulted for them ... yet a dozen articles in the last week with his name on it ... telling us that the sky is falling and then reversing the following day with an article that is 180 degrees off from what he said previously. Do I think it curious ... no wait, suspicious ... that I've been railing against this guy for days and this article pops up? ... you be the judge. Chancellor of the Central bank ... next paragraph ... then Mohammed Salih ... is all over the internet ... today ... 1st time ... on all of the Dinar sites ... just not ever before that I can find except on other dinar sites! From advisor to chancellor ... overnight? Sorry ... I'm just not buying ... this is the guy that Shabibi had to come out and say, "no, of course not" every time Salih would spew! Chancellor! Nah! I could be wrong ... but like I tell my group ... what I tell you and $1.79 will get you a cup of coffee at 7-11! It's JMO! Additionally vizioiraqi's post says that the MP's and PM are in high gear http://dinarvets.com...__gopid__288393& I'm pretty sure that the Shabibi article "Shabibi speaks" is a rehash ... I've seen it before ... don't remember how long ago ... someone says 2005 (I wasn't here for that) Hammer911 is a posting machine this morning. MP Hamid Buffy says that the Kurd Committee COMPLETED their work yesterday ... not ratified but it's finished http://dinarvets.com..._0entry288364 I have something I'm working on but I'm not quite done with it so I will save it. Peace to all Doc31
    9 points
  8. I just read a post "where are we as of December 1" posted by Enorrste were he is putting numbers together and looking for ALL people with dinar from the GET site and Franks site to give 10% of their RV money to donate. Now I feel that donating is a wonderful thing but I will NOT give this money to the GET team for a few reasons: - if you give them the money and they are NOT a registered non-profit you will NOT be able to deduct the donation. (They might be) - They have not been right on any for their dates and rates and just slinging sh*t against the wall and hoping it stick. I do not trust them with my $$$. - Anyone that says they are going to sue their sibling post RV (TerryK v. his sister). Now to me this is not very Christian. When this RV's I will be giving to great organizations. Being a former Marine - the Vet's, Wounded Warriors, and such will get some. The Children (St. Judes, Shrinners, Childrens Hospital) and the animals (ASPCA, etc...). But I will send the money knowing that ALL 100% of this donation made it to where it belongs.
    9 points
  9. http://www.monstersandcritics.com/news/middleeast/news/article_1603040.php/UN-Security-Council-to-hold-high-level-meeting-in-Iraq? UN Security Council to hold high-level meeting in Iraq New York - US Vice President Joe Biden will preside over a UN Security Council meeting on Iraq on December 15, convened to discuss progress made in Iraq, a US official said Thursday. Biden will lead the debate because the US holds the rotating presidency of the 15-nation council in December. Other government officials are expected to attend. The US envoy to the United Nations, Ambassador Susan Rice, said, 'It's an important opportunity for the international community to recognize the very real progress that Iraq has made, both in term of the government formation and significant steps taken to terminate its Chapter 7 obligations.' Chapter 7 of the UN Charter is imposed, including use of force, to try to eliminate threats to international peace and security emanating from a situation or a country. The Baghdad government has embarked on bringing democratic changes to its post-conflict situation. The US-led coalition forces have ended its intervention and Baghdad has begun assuming security responsibilities.
    9 points
  10. An Honest Business Man! 1. Business established for decades. 2. Registered with the United States Treasury. 3. Registered with the Federal Trade Commission. 4. Good standing with the Better Business Bureau. 5. Well known and well liked. 6. Well known to be an honest business man. 7. Has had many Congressmen, Senators and other high ranking persons as clients. 8. Offices located in high end locations. 9. Offices known for good security. 10. Is known to be very successful, is a self made millionaire and smart businessman. 11. Has appeared on CNBC and has done many interviews. 12. Has been highly recommended by many well known people. The one...... the only...... "Bernie" Madoff http://en.wikipedia.org/wiki/Bernard_Madoff Think....think....think. May the investor beware. ~The best of luck to ALL!~ Phoenix
    9 points
  11. The F. Word When is F#$% Acceptable? There are only eleven times in history where the "F" word has been Considered acceptable for use. They are as follows: 11. "What the @#$% do you mean we are sinking?" -- Capt. E.J. Smith of RMS Titanic, 1912 10. "What the @#$% was that?" -- Mayor Of Hiroshima , 1945 9. "Where did all those @#$%ing Indians come from?" -- Custer, 1877 8. "Any @#$%ing idiot could understand that." -- Einstein, 1938 7. "It does so @#$%ing look like her!" -- Picasso, 1926 6. "How the @#$% did you work that out?" -- Pythagoras, 126 BC 5. "You want WHAT on the @#$%ing ceiling?" -- Michelangelo, 1566 4. "Where the @#$% are we?" -- Amelia Earhart, 1937 3. "Scattered @#$%ing showers, my ass!" -- Noah, 4314 BC 2. "Aw c'mon. Who the @#$% is going to find out?" -- Bill Clinton, 1999 and a drum roll............! ..... 1. "Geez, I didn't think they'd get this @%#*^ ing mad." n Sadaam Hussein And 1 I like myself. Are you %$@#ing kidding me we elected who???
    9 points
  12. I think we've seen this pattern repeated enough to call it a business model now. Join a dinar site and start establishing yourself as an authority by reading what people on other sites say and repeating it with your own twist Claim to have contacts close to the action that are giving you solid intel Talk a lot about God, Jesus, family, country, soldiers ... etc. Push all the right buttons. After establishing yourself as an authority make yourself into a victim by breaking the rules and claiming that you're being repressed Find a new location, either your own site or another site with lower standards After compiling a list of contacts announce that you're leaving, thus creating a buzz about your new whereabouts You'd be surprised how easy it is to get people following you. I've had people in here telling me that they follow what I'm saying and I don't know jack. I'm not even trying to be a guru. I'm just a guy sitting in his underwear staring at a computer screen wondering why so many people need a guru in the first place.
    9 points
  13. 1. Presidential order 13303 gives us the right to invest in Iraq, it doesn't guarantee that any currency we hold will always be valuable. 2. Kuwait did issue new currency and they did have a period to cash in the old currency - your post proves you wrong, jmw. I quote: Read more: As recently as 1994 Kuwait did away with an old currency. 3. There is a chance that Iraq can re denominate either before or after they rv or don't rv. Again, everything I said is common sense and someone comes out of the woodwork to say "Adam is wrong! Adam is wrong!" Well, I'm not wrong (on this one, at least!)... but why all the hate? If you're not happy here, there are plenty of other sites out there. There's no reason to be rude.
    9 points
  14. U.S. Deputy Ambassador of Basra: Iraq will emerge from Chapter VII of the end of the year 02/12/2010 20:35 02/12/2010 20:35 Basra, December 2 / December (Rn) - The deputy U.S. ambassador to Iraq, said Thursday that Iraq will emerge from Chapter VII end of the year after that fulfilled all its obligations, stressing that his country's troops remaining in Iraq was transformed from a combat force to the advisory Although the attacks, bombs and rockets continue to target foreign workers, as well as with it. Stuart Jones said at a news conference in Basra, and attended by a reporter and news agency Kurdistan (Rn) "The United States pledged to drive Iraq from Chapter VII and is committed to this pledge in the graduating end of this year." Jones said, "fulfilled all its obligations with respect to oil for food program and does not possess weapons of mass destruction, leaving only the issues related with the Kuwaiti side and which will hopefully end it by the new Iraqi government during the next few days." Noting that "the UN envoy Nations in Iraq, Ad Melkert Interviews with all parties to come out the country's Chapter VII. " With regard to U.S. forces remaining in Iraq, said Jones, "The work will be a consultant is no longer combat, and will cooperate with the Iraqis in the areas referenced and training after withdrawing about 25 thousand soldiers end of the year and thus would be a U.S. presence in Iraq has reached its lowest level." Commented Jones also realize the improvised explosive devices and rockets, saying it was "aimed at foreigners working in Iraq in general, which impedes the progress and construction in the country and create jobs and investment, because the foreigner can not go to a place he finds himself a target." Noting that "foreign companies operating in Iraq in the past two days, expressed fear and concern of those attacks. " He stressed that "the overall security situation in Basra is reassuring given that the security chiefs in the province showed their emphasis to reduce these attacks and to finish it as soon as possible, especially after the development of combat power in Iraq." And visiting U.S. Deputy Ambassador to Basra, accompanied by the extension of trade, came in the context of the work to transform the American PRT reconstruction team to the diplomatic work at a U.S. consulate in the province, and the team carried out a number of important projects including the removal of the radioactive remnants of war and contribute to building a hospital of the child. The delegation met with U.S. security chiefs in the province as well as businessmen, the President of the University of Basra in the context of a twinning project with the University of American universities. Of Nur al-Tamimi, the Open: Safaa Khalaf http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=auto&tl=en&u=http%3A%2F%2Fwww.aknews.com%2Far%2F
    8 points
  15. #1. I don't even know you! #2. I don't care for blind dates! #3. I'm married! And #4. OHHHHHH You mean . . . oops! Never mind! LOL
    8 points
  16. Exactly. The most important part of that post is that you posted FACT that there was a time limit. Also - Try taking that original currency to the bank and cashing it in. They won't take it any more. What WAS a cashable currency is no longer, and there was definitely a time limit to cash it in. You're asking the wrong question, assuming Iraq is in 100% control of the value of the value of their money - they aren't! Why would Chrysler let it's stock drop? A: They had no choice. Why would we let the USD drop like it is right now? A: We have no choice. Why would Iraq let it's currency drop so low in the first place? A: They had no choice. If the Dinar comes out and floats, the value can swing very rapidly. I'm not just spouting opinions, this is fact and I've actually gone to school to learn the things I base my posts on. I'm not here talking about what my cousin's brother's uncle in Iraq said - this is stuff that any economist or finance expert will back me up. I think a lot of people lash out at me because they don't like what I have to say sometimes... I'm just speaking the truth, friends! Don't shoot the messenger.
    8 points
  17. AMER. CONTRACTOR IS CORRECT. I'm going to have to 'call you out' on this one troyster1100. Not sure why didn't didn't post the full Article 110. You somehow left out the part where Amer. Contractor posted about. Article 110: The federal government shall have exclusive authorities in the following matters: First: Formulating foreign policy and diplomatic representation; negotiating, signing, and ratifying international treaties and agreements; negotiating, signing, and ratifying debt policies and formulating foreign sovereign economic and trade policy. Second: Formulating and executing national security policy, including establishing and managing armed forces to secure the protection and guarantee the security of Iraq’s borders and to defend Iraq. Third: Formulating fiscal and customs policy; issuing currency; regulating commercial policy across regional and governorate boundaries in Iraq; drawing up the national budget of the State; formulating monetary policy; and establishing and administering a central bank. Fourth: Regulating standards, weights, and measures.
    7 points
  18. Scooter: I just started doing some digging last night Scooter: the GAO stuff is good stuff Scooter: but I found a very interesting peice at BIS today Scooter: big doc though Scooter: hmmmmm — which one — I got some good stuff from Goldman Sachs too Scooter: did you know Scooter: that Goldman Sachs made two very interesting moves recently Scooter: and does everybody know who Goldman Sachs is Scooter: They happen to be the people that sell The FED Scooter: the US Bonds for the Treasury Scooter: the ever ending cycle of debt Scooter: anyways Scooter: Guess what they just purchased Scooter: yeppppper Scooter: alot of IQD tenmillion: ohhhh Scooter: they also just became a large clearing house Scooter: also Scooter: I took a look at the recent Treasury circulation Scooter: According to the Treasury — they don’t list individual countries Scooter: but the treasury only list YEN GBP, and Euro Scooter: but for the others Scooter: it’s in one pile Scooter: and they have approximately 5 Billion of some other currency Scooter: in IQD terms Scooter: if that were the case for the formulation Scooter: it would be close to 6.5 Trillion just off the top of my head Scooter: so Scooter: the GAO report was very very interesting Scooter: because they spotted some minor discrepancies with Iraq’s money Scooter: in fact Scooter: they prettyh much told the State department Scooter: treasury Scooter: dod Scooter: imf Scooter: and world bank to take a hike IITB: Unami Scooter: and released the report to congress Scooter: Unami — Indeed IITB: spot on Scooter: it seems there’s several billions of dolloars missing from Scooter: 2006 drainage funds Scooter: not accounted for Scooter: now why is this important Scooter: because of two reasons Scooter: one Scooter: Security and the cost of it Scooter: and two Scooter: where the HeXX did it go Scooter: lol kaperoni: scooter!!!!!!!!!! IITB: M1 and M2 scoot … brilliant synopsys kaperoni: Scooter: Iraq is supposed to be completely transparent Scooter: and they can’t find Billions of dollars Scooter: hahahahahh Scooter: toooo funny Scooter: Secondly Scooter: I saw this one Scooter: and thought it was hilarious Scooter: Iraq is broke and that’s why the IMF isn’t loaning them money Scooter: Way toooo funny Scooter: think about this for a second Scooter: everybody says they have a budget deficit Scooter: Do they Scooter: really Scooter: if they used the rate in REAL terms Scooter: no way Scooter: remember they’ve haven’t deployed all the instruments and have remained using NOMINAL terms Scooter: so Randndad has joined. Scooter: just a couple thoughts — Scooter: scooter diatribe complete
    6 points
  19. I am all for donating, and giving my tithe. I also want to go beyond that, and help others with this blessing. With that being said "A fool and his money are soon parted." That’s all I got to say about that !
    6 points
  20. There are a lot of great people with BIG hearts that need to know that it is ok to say NO and do it yourself. What was posted on the GET site is the start and the pressure will follow. They will make these people fell obligated to give to their cause. Also, there is a much warmer feeling when one delivers their donation themselves. We sponsor a family for Christmas and I have to say that when we deliver the gift right to the parents there is no better feeling. Writing a check to a 3rd party sort of losses it's meaning (for some). Thats all.....
    6 points
  21. I encourage everyone to give to your LOCAL CHURCH, Children hospitals, and Vet's, but most of all try to give locally as everyone is hit hard by the current economy. Thanks Dumbnar
    6 points
  22. Personally, I prefer to wait and see if we finally SEE the RV before I worry too much about where I'm going to exchange. I suspect that the banks will be extremely competitve in their exchange rates. If they want the deposits, they're going to have little choice in the matter. The little bit they might lose by competing with the exchange centers on spread will be far outweighed by the profits from the actual currency deposits and the interest they'll be able to earn in loaning that money as a result of having physical control of those assets. Let's wait and see what happens before we get too excited.
    6 points
  23. Thanks, davidphx, for posting Scooter's chat for all of us! This was your first posting job, and it has a very meaningful content. Thanks, Scooter, for sharing your findings, and for helping us see the finishing line much closer. We should prepare our minds, hearst and sousl for the upcoming blessings. I indeed pray for wisdom! Go RV! - Barboza
    6 points
  24. you know i wasn't even considering the higher out of circulation bills. again nice one. Hey can you talk to Adam and get me unbanned from the chat room please!!!! Thank you
    6 points
  25. Where do you get off with your 50% right, 50% wrong. You haven't a clue. None of what you're talking about is correct. The Amer. Contractor has not been half wrong. Clearly you have not bben following from the start. You're just throwing nonsence out there. Don't follow her. She's mistaken. He's not wrong. What is wrong with you people? Are you that desperate?! No one is getting paid to write anything. Stop with the baseless lies. Greedy? For what? What have you brought to the party or contributed? Nothing!
    6 points
  26. Please let us know what you have experience in! I understand where you are coming from, because I am also a bit skeptical (I am also optimistic-can do that I am a Gemini). But, I have read a lot that Adam puts online and time will prove if he is wrong about this; however, he obviously has some experience. So again please let us know what you can bring to the table besides trash talk
    6 points
  27. who the heck needs a 2 hour conference call when we have access to the Master love it, NO BS just facts .... if you caught it, and you've read the book, you know that Adam has experience with the Kuwait dinar .... so many people still choose to call that a "myth" ... I think not!! Thanks Adam and sonny1 for your continued no non sense info and obviously genuine interest in keeping us up to speed! Thanks JBrookes for copying and sharing! you rock sister! blessings, pvS
    6 points
  28. why do people here like to misquote or twist info people post is beyond me. doesn't troyster1100 (up above) know that the Constitution is made public and anyone of us could confirm or deny that info. in this case troyster1100 is exposed for leaving some choice words and sentences out that could confirm what the AC stated. Wonder what the motive was troy? To discredit? Hmmmmm.
    5 points
  29. If you read the posts in this thread, you'll see why I rarely venture out of the VIP... the masses of negative and not-so-bright freeloaders that think this site and the good members are their personal whipping post steal a lot of energy. THANK YOU to the supportive people who not only donate their time and money to keep this massive site going... but also to all those who just donate a kind word once in a while.
    5 points
  30. They are saying all the right things, now just act on them!!! Push the dang button already!!!!
    5 points
  31. Great Post; Scooter has always had a 6th sense when it comes to finding information that pertains to this investment. The guy just knows what to look for. And he doesn't "hype" anything. He's not selling dinar. Like a good trial lawyer, he builds his case. Gotta love the way he puts this stuff together.
    5 points
  32. One needs to look no further than what AC said two years ago. His 100% correct sources said that IQD investment was a scam. He and his "sources" said that it was illegal for anyone outside of Iraq to own dinars. If anyone is this ignorant, he/she can't be trusted. Funny how he/she is proven wrong constantly, yet never acknowledges that he/she is wrong. He/she just moves on like nothing ever happened. Please don't respond to this post with "AC is the only one who has been right". That would be verifiable BS.
    5 points
  33. I'm not angry at all! Not sure where you got that impression. If you seriously don't understand how people trade currency just like stock, and currency can go up and down just like stock - I'll give you a link. http://www.investopedia.com/articles/forex/06/SevenFXFAQs.asp That should help
    5 points
  34. Four words: "Better safe than sorry". Some people would complain if you gave them a free car in the wrong color
    5 points
  35. quatar news agency Baghdad on December 01 / Qena / The Central Bank of Iraq today, seeking to restructure the national currency / dinar / to suit the economic development. In this regard, said the central bank adviser Mzarsaleh in a statement today, "we will resort to the restructuring of the currency to suit the new situation and economic progress ".. .......Noting that the currency is growing day by increasing Alatnag and economic progress and not because of inflation and release. He added that the value of the Iraqi dinar rising and the central bank has drawn up plans to maintain that, noting that the essence of monetary policy that was adopted is to stabilize the general level of prices. He noted the Iraqi official also that the exchange rate of the dinar and foreign currency represents the external value of the currency where the value of internal and external value, and said, "the external value is important for the economy of oil-exporting countries and importing of goods many as we believe that monetary policy is part of the targeting of inflation and raise the purchasing power of the Iraqi dinar." b u / p c b http://translate.google.com/translate?hl=en&langpair=ar|en&u=http://www.qnaol.net/QNAAr/News_bulletin/Economics/Pages/10-12-01-2006_504_0142.aspx&prev=/translate_s%3Fhl%3Den%26q%3D12/01/2010%2Biraq%2Bdinar%2Bfils%26sl%3Den%26tl%3Dar
    4 points
  36. I was driving to work yesterday and I was praying about the RV. I was in tears because I was feeling frustrated, confused, excited and anxious. I have a 70 minute drive to work and hit every single green light. Then at work, I am a Chemist, I was running a test that is historically all over the place with a spread of deviations. I ran a sample 4 times for the Quality Control and I got 268, 268, 268, 268. It is unheard of to have the 4 test come out exactly the same with a 0.0% deviation. In the 10 years that I have been working I have never done that and not a single person I know has. I believe in signs and I believe that was God's way of assuring me that the RV is very, very, very close... maybe. Just thought I would share this because I thought it was too much to be a coincidence.
    4 points
  37. Wednesday, 2001 December December 1 2010 19:03 | | | ا (AKI) through the United Nations envoy to Iraq, Ad Melkert, the "optimistic" the future of this country, especially after the Iraqi parties agree to form a For the new government, in spite of "the continued existence of sources of real concern," in the words of UN official This came during his speech today to members of the Foreign Affairs Committee of the European Parliament, where Melkert pointed to a "balance of power is different, and there is the presence of more power to Sunni Muslims, and that the Parliament has a stronger role, which are all positive things" in Iraq But the UN envoy to Iraq, acknowledged the difficulty to predict occurrence of clear differences between what was the case during the days of the outgoing government and what the future holds with the new government, stressing that the presence of the Council for politicians strategy has a positive effect, but it remains speculative, as far as appreciation He Melkert conviction that the EU continues to support the development and reconstruction in Iraq and said, "We emphasize that the stability of Iraq and his return to international and regional contexts remains a top priority, and we appreciate the role of Europe in this area, too," as he put it وأ The UN envoy hoped it would not cause the withdrawal of U.S. troops from Iraq, according to schedule over the next year, in the occurrence of security problems and social unrest and economic institutions hinder the work Melkert described the security situation in the country as "extremely disturbing, despite some improvement compared to what it was like 2006 and 2007," and expressed hope that security has improved over the next year, due to improved capabilities of Iraqi security forces, in the appreciation ز Zardari to a question about the status of religious and ethnic minorities, especially Christians in Iraq, UN envoy stressed that it is a source of concern for the United Nations and the EU completely, referring to welcome the international organization, including the Iraqi parliament by the current effort to ensure the protection of Christians He stressed that there are conversations taking place with the Iraqi authorities and minority representatives in order to ensure their protection and ensure their equal participation in political life in the country, in the course of a response received to a question concerning the proposal by Iraqi President Jalal Talabani receiving Iraqi Christians temporarily in the Kurdistan region in order to facilitate the process of protection Also speaking at the same meeting, the European Parliament for the Liberal Democratic Alliance, the Italian Mario Mauro warned against the consequences of the intervention of Iraq's neighboring countries in its internal affairs, "The double talk of these countries, which impacts negatively on Iraqi politics," according to his . He stressed Mauro on the "concern of the European Parliament from the deterioration of human rights in Iraq", recalling the resolution passed by the legislature European in this regard and which militates against the death penalty, particularly the status of the execution of former Foreign Minister Tariq Aziz, and two other officials of the Iraqi Baathist regime dissolved. وقال He said the European Parliament, "We focused in our decision on the need to mobilize the international effort to galvanize politicians in Iraq to their obligations to respect human rights and freedoms and minority rights and democratization in the country," according to his The session comes on the European Parliament today in the framework of several European efforts to address the situation in Iraq in its various aspects, in an effort to shape the new European policy toward Baghdad through the linking of European aid and trade agreements on the progress of the Iraqi government on the road to development, stability and democracy Last Updated (Wednesday, 2001 December http://translate.googleusercontent.com/translate_c?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.theiraqiobservatory.com/strategy-in-iraq/international-strategies/united-nations/702---999.html&prev=_t&rurl=translate.google.com&usg=ALkJrhiDUW4PDfMDbUAojOPWD8qu737Bcw
    4 points
  38. [Adam Montana] and it gave me a thought [sonny1] Matt hes computer generated [Adam Montana] I just want you all to understand something [Matt] sonny1 [Matt] This must be myth buster day on DV [LazySusan] Matt [Adam Montana] 1. We MAY have a shorter cash in period than we like. If we do, good advice is to TAKE WHAT YOU CAN GET [Adam Montana] the other thing is [Adam Montana] 2. If you are traveling - take your dinar with you [Adam Montana] we're looking at a lot going on right now [Adam Montana] between the voting coming up [Adam Montana] Maliki basically getting into a "crap or get off the pot" [Adam Montana] and Sonny1 and I were just talking about the holiday coming up [Adam Montana] there is a LOT of reason to think this may be coming sooner than we thought [hoot2602] Adam Montana Iwill be traveling out of the country for 8 days...that creates a problem trying to get thru security and customs. [machcobra] sonny1 that's a big budget...... [Adam Montana] and we don't want to be caught away from our money with no way to get it [LazySusan] Adam Montana I know how much you love these questions but do you still think by the end of the year???? vacation.... [Adam Montana] I took 20,000,000 with me to Belize [jlassociates] Adam Montana ty for that info.. [Matt] [sonny1] machcobra it sure is, dont get it, imf said they werent going to give them 1 more cent, interesting to see were the money came from [Adam Montana] Matt Matt Matt [LazySusan] Matt [Wrigleybum11] Adam Montana will we get information from the CBI/IMF/etc on how long of a cash in period we will have for the large bills? [Matt] Adam Montana - Sorry Boss.... had to throw that in there [machcobra] sonny1 yes it would be [LazySusan] Adam Montana did you see my q? [Adam Montana] Wrigleybum11 of course, but you'll also get a more detailed email from me\ [Adam Montana] LazySusan no what was it? [Adam Montana] feel free to post this [machcobra] Adam Montana you thinking rate is gonna come in low? [2sisters] Adam Montana do you feel its still safe to carry with you after it rvs,,dont want to loose at customs [Wrigleybum11] Adam Montana TY sir [Adam Montana] it's serious information that I hope everyone takes serious [LazySusan] Adam Montana just wondered if you think this year is it? my birthday is in jan. so i am good with that too [Matt] Adam Montana / sonny1 - Just a question.... ALI said "no cash in time limit".... Do you disagree? or do you think that is only with him? [Adam Montana] 2sisters it's not illegal to have dinar [Adam Montana] Matt I don't think Ali can predict the future [Matt] Adam Montana - Nor do I. I was just asking [sonny1] Matt i think there will be a timeframe, but im not sure how long [Adam Montana] several currencies have RVd in our history [Matt] TY [Matt] TY [Adam Montana] and 9/10 times there is a cash in period [2sisters] Adam Montana yes but large sums after rv [beancounter8] Adam Montana how long has the average cash in period been ? [Adam Montana] Kuwait did it 4 times - each time the cash in period was (from membory) 4 months [Adam Montana] 2sisters it's still not illegal [Matt] Adam Montana - For "outsiders" only, or will that also include "in country peeps" as well? [Adam Montana] let me check my book [LazySusan] beancounter8 thats what I want to know too [jlassociates] Adam Montana when mean short how long will we have?? iyo [Adam Montana] I researched that particular fact in depth earlier this yar [Adam Montana] year [jlassociates] sorry [Adam Montana] * [Adam Montana] one sec [hoot2602] Adam Montana I'm going to the Caribbean. If it rv's while I'm there, I will have to hunt for a place to cash in...or have major problem getting back into USA with all that value. Or, am I making a problem that won't exist? [Adam Montana] page 40 of RV Intel [Adam Montana] Kuwait has changed it's currencies 5 times [Adam Montana] still looking for the length of time to cash in [machcobra] well if you take your dinar with you and it RV's and you only have short time, just where do you find to cash in and FAST>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> [Matt] I'll only need a few minutes [Adam Montana] Matt [Adam Montana] sorry the book is 56 pages [2sisters] Adam Montana I would feel much better about this,,,,can I fly with you [caveman] u dont have it memorized [Adam Montana] hoot2602 there are major banks in the Carribean that I know will cash in our VIPs [Adam Montana] I'm sure they will cash in everyone else, just not at the same rate [Scooby Doo] wow! Adam and sonny1! ..... something must be breaking [Adam Montana] anywhere you go, as long as there is a major bank, you will be able to cash in [puffsplus] Scooby Doo Scooby Doo [Adam Montana] the only QUESTION will be the premium you might pay at each bank [machcobra] Adam Montana you sure about that? [Matt] Well, if the statement of "the IQD will be redenominated by the end of 2010" as stated on XE.com..... they better hurry the heck up.... time is ticking [Adam Montana] just like some banks give better interest rates on loans [Adam Montana] that's usually because they have more overhead associated with the loan [Adam Montana] exchanging foreign currency is the same [goose67] Just got here Adam...whats your projection on the rv?? [Adam Montana] you won't get the same bottom dollar at every bank [RVorBUSTT] Adam Montana i have a question for u when u are done the info session please [Adam Montana] they might all give $1.00, but you can walk away with .85-.95 depending on all factors [Matt] And wearing a black mask to your bank will NOT get you a better exchange rate!!! JMO [Adam Montana] RVorBUSTT what the heck, shoot [nene052700] Matt [Adam Montana] RVorBUSTT as long as it's dinar related [goose67] whats the timeline?? [Adam Montana] I know a lot of people come in here to talk about cooking and conference calls and oil changing [RVorBUSTT] Adam Montana i have sent u an email 3 times now with no response and i dont know what else to do... sorry [Adam Montana] goose67 now till it happens. [LazySusan] Adam Montana do you still think 2010? Just wanted to know your opnion [Matt] Thanks for reminding me... gotta change the oil in the car now
    4 points
  39. Just received the following in an email from an investor outside this site. Haven't seen this posted here yet, so I thought I'd just stick it on here. Just something to read..... GO RV **************************************** From PD...Points from Ali info on Conf Call 12/01/10 General-C Today at 11:33 am Last night I heard the Ali intv. but had to leave shortly after that. The biggest points Ali made was that no one knew the rate or the date. That basically having that information would be similar to insider trading. That even with the connections he had, he did not know either. He also address the lop rumors, his connections which were 3 bank presidents in Iraq, have all told him no lop was coming. He also stated that he is basically a clearing house or broker. He had dinar set aside for his family, and with that being said, his trading of the dinar is a business. Additionally, he was saying he would be open within minutes after the RV, did not matter if it was 2AM. That he may know a few minutes before it hits the internet, just because he would recieve a phone call, he reiterated that it would be only a few minutes in advance, but not days. He said he was in the business of buying and selling currency, that if you wanted to buy or sell to call him. His process of cashing in, started with you making a phone call to make appt., without an appt it was first come first served so to speak. He would make one wire per transaction, the dinar are verified, USD is wired to your account, the dinar is package and shipped to Iraq within in 24 hours. One last thing, he is adding a bulk of phone lines, 5000 I think, he is doing this not based on any rumors at all. This is part of his business planning to handle the current customers that are ordering dinar, but will help facilitate the calls when the RV happens. He in no way eluded to a rate, even a minimum, stated he was regulated and could not do that. Please note, this is all from memory, I did not take notes, but this is pretty accurate. Used to be paid to remember the details.
    4 points
  40. American Capitalism vs. Censorship The Rumor Qualifier: Everyone signed-in bought Adam’s Book More about the rumor in a moment…. When I first felt compelled to post a comment on this forum, it was because of something unrelated to our investment that seemed to have captured the emotions of many here. I spoke out and said my piece, and that was that! Since then, for the most part I have sat back and enjoyed reading from those with information, ideas, questions, or rumors relative to our investment. Occasionally, I would make a short, brief comment in support of a post, and/or click the plus/minus button instead. Otherwise, I have stayed away from adding anything that might add or take away from what we all are waiting for. When I made that first post, it didn’t take long before the moderators chose to move it completely off the forum. Thankfully, I received an email explaining the reason: I had violated one of the rules I had agreed to in order to be a member; I had included a solicitation in my post! To say I was shocked would be an understatement. At first I had no idea what they were talking about. I couldn’t understand why I was being treated this way for saying what I had said, and to be quite honest, my feelings were hurt. I know, I should have actually read the Terms-of-Agreement, but hey! Who really does? Those things are pure legalese, and after all, I just want to get to where I was headed – I think you all know what I mean. Anyway, what actually happened was that in trying to make my particular point, I mentioned that one of the things I would be doing with the proceeds of my new-found wealth was to pursue something I have always had an interest in, and I also invited anyone on the forum to contact me if they too had an interest in what I was planning to pursue. Yes, it was a business, but so what? It was one of the ways I intend to maximize my investment, and also try and have some fun along the way while doing it. With that said, the long and short of it was that Adam’s people, whose job it is to track any violations of the rules, found that my post did just that; violated the rules. As I said earlier, this really bothered me in a big way, but I chose to put it aside since Adam has every right to do anything he chooses with his site. Since that time I occasionally think about what happened, and that has led me to this post. Capitalism has been a foundational American Institution for as long as I have been alive, which is quite awhile for those who are wondering. We all wanna get paid, don’t we? Anyway, it occurred to me that if I and all who frequent this forum are prohibited from engaging in any form of Capitalism in order to be here, then there is something I really don’t understand about that. Adam’s right to sell his book is definitely a form of Capitalism. His costs to provide this forum to us like-minded investors I assume is offset by those purchases of his products, which in this case is his book. I personally have not yet bought it. But, according to the rumor above, I will, or I have. So here goes… The point here people is that if we are about to become the New Wealthy, we need to begin to come up with ways to use our new-found wealth in positive ways above and beyond only giving to those in need. One of the ways we can do this, and what I pointed out in my very first post, is that we can become business owners; either of existing businesses that may be for sale or partnership status, or with brand new businesses that we have longed to begin on our own, but didn’t because we didn’t have the funds to do so. This is where real jobs are created and maintained; this is where true innovation comes from; this is where and how this country was built – one idea at a time – and one person at a time. It didn’t get so streamlined, computerized, and automated until someone figured out how one person did it, and did it right. In high school, my shop teacher always said, “son, there is nothing a machine can do that a man hasn’t already done, and done better.” This has always stuck with me. I also pointed out that even if we have to pay a big tax bill on our investment earnings, it would be partly offset by our continuing investment in the businesses we joined or started. These would be our tax writ-offs, and would be the source of those big tax refund checks we’d get for taking the chance on being business owners. You see, if we only take care of us and ours, and forget about everyone else, then it won’t be long before those others are gonna come looking for us. Think about it: if you had nothing, and knew of those who had more than they needed, would you sit back and just say, “Woe is me?” I think not! Bottom Line? Buy Adam Montana’s book ASAP! It is true American Capitalism at its best, and maybe he will recognize the true value of this momentous occasion, and allow the rest of us who also have a dream, to also plant the seeds of our own business endeavors here without the need of having to create our own Internet Forums, complete with censors (Moderators), just so no one else makes a buck along the way. Thanks for your time, and as always, bashers you may now begin. Go RV!
    4 points
  41. I'd be very cautious of the GET team to say the VERY LEAST. I am a Christian although I may be not a very good one and even though we are not supposed to judge, you are supposed to discern. If they are asking for money, you may want to refrain from sending it. Think for a moment, if you go to church all the time shouldn't your 10% go back to your local church where the people you know and can see and who are real in your life or perhaps a reputable organization that does work that really moves you. Don't make a hasty decision, pray about it at least. When I read Enorrste posts now, I am not moved by what he says.
    4 points
  42. I too support our banks and banking system, however, with the IQD (a once-in-a-lifetime event for most of us) it is a bottom-line issue.....pure and simple. If, through Dinar Trade I can lock-in a rate from the CBI at say, $3.50 and BOA quotes me a rate of say, $3.40, the answer is easy. Do I want to give my bank $100,000 per million IQD for the privilege of banking with them. I think not. If they will negotiate a fair rate that approaches the CBI rate, then maybe I would consider keeping my business with them, but at no time so far in any discussions with BOA have they given any hint that they would be flexible. I have no problem with dealing directly with the CBI through Ali's organization. If I were fortunate enough to have 10 million IQD to exchange, with this example, I would be paying BOA $1 million to exchange through them. Not going to happen. I can think of many other ways of putting that money to work to keep it in my, and my family's hands. Just sayin..........GO RV.
    4 points
  43. The banks in the US that are in trouble are so because of their own risky business practices.........lending to people that shouldn't have loans, derivatives exposure etc. As was mentioned they are for profit businesses. In a true capitalistic economy businesses that operate on unsound business models get punished to make way for sound models. Bailing out banks or helping them restore liquidity with our cash that have unsound business models is detrimental to us all in the long term. Having said this, do not misunderstand, there are local banks and a couple national banks that have sound business models.....Wells Fargo is one. They deserve our business but so do the capitalistic exchangers such as Ali. To preserve capitalism (which built this country) the majority of big banks that with poor business practices need to be punished by bankruptcy. Can't have it two ways Phoenix.
    4 points
  44. Conscious / Baghdad / g. P 2/12/2010 1:52 pm A member of parliament from the Kurdistan Alliance Hamid Buffy the committee charged with re-wording of the rules of procedure of the House of Representatives completed its work yesterday, noting that today's meeting A member of parliament from the Kurdistan Alliance Buffy Hamid said the committee charged with re-wording of the rules of procedure of the House of Representatives completed its work yesterday, noting that today's meeting will be discussed by the Committee Matouselt to display in front of the House of Representatives is not his decision. Matouselt will be discussed by the Committee for submission to the House of Representatives is not his decision. Said Buffy in an interview with the reporter (and the Iraqi News Agency Information / INA) Buffy said in an interview with the reporter (and the Iraqi News Agency Information / INA), "was in session on the call to be the rules of procedure the force of law until it has an obligation real of paillasse executive, referring to the formation, "In today's meeting were invited to be the rules of procedure the force of law even have a real obligation to paillasse executive, referring to the formation of 26 standing committee in line with the current session and in addition to the interim committees and the Commission on Article 140 constitutional ". 26 of the Standing Committee in line with the current session and in addition to the interim committees and the Committee on Constitutional Article 140." He Buffy to the heads of blocs who attended today's meeting agreed that the distribution of commissions at a meeting next Saturday Buffy said that the heads of blocs who attended today's meeting agreed that the distribution of commissions at a meeting next Saturday, pointing out that the Kurdistan Alliance will receive a four or, Noting that the Kurdistan Alliance will get four or five committees, noting that the committees 26 will consist of a Chairman and Vice-decision in addition to 8 or 9 or 15 member Five committees, noting that 26 committees will consist of a Chairman and Vice-decision in addition to 8 or 9 or 15 member. . And on the formation of the government expected And on the formation of the government expected Buffy the prime minister can set up in the constitutional term limit, noting that the share of the Kurdistan Alliance in the new Buffy the prime minister can set up in the constitutional term limit, noting that the share of the Kurdistan Alliance in the new ministry will be Will be five portfolios in addition to one of the sovereign ministries likely to be a Five portfolios in addition to one of the sovereign ministries likely to be oil or foreign and that the success of the Minister Hoshyar Zebari in the former Ministry. ( according to him). Oil or of Foreign Affairs and that the success of the Minister Hoshyar Zebari in the former Ministry. (To him). http://al-iraqnews.net/new/political-news/14284.html&prev=_t&rurl=translate.google.com'>http://translate.google.com/translate?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://al-iraqnews.net/new/political-news/14284.html&prev=_t&rurl=translate.google.com http://al-iraqnews.net/new/political-news/14284.html
    4 points
  45. until this is a viable currency and Globaly recognized, NO banks even talk about it. Just wait till it hits the forex ... They Will change their tune. Sorry if spellings off (Crown)
    4 points
  46. I only have one Master and it isn't Adam Montana! Its always good to hear others information. I have never taken one mans word for anything in my life. Other than God's word, all is subject to question
    4 points
  47. Ok call me naive but really? your going to take all that dinar with you on holiday? Stick it in the little closet safe and go off to the beach? Let alone bringing it in and out another country. I think I would just leave it in the safe deposit box and cut the vacation short on hearing of an RV. Pay top dollar and catch the next plane back. Anyone else?
    4 points
  48. Please do not reference our friends in Iraq in such a derogatory manner. Be grateful that you may profit from their rise from such deplorable conditions and that you have the opportunity to witness what many in the world are so unaware of. Set aside your selfish ambition for a moment and encourage them, pray for them, hope for them .. but, please, do not slander them. luckylucy Doc31 ... thanks for that info! luckylucy
    4 points


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