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Showing content with the highest reputation on 06/30/2012 in Posts

  1. We are hearing all kinds of rumors lately... Number one on the hit list... Is the dinar revaluation going to happen? In my humble opinion, Yes; unless God jumps in to stop it. The revaluation of the dinar is much more than the revaluation of one country's currency...It is a change and beginning of a new banking system in compliance with Basel III accord with information at the link below. The site has a lot of information. http://www.bis.org/ There are those continually bashing and saying that this is a scam due to fear, ignorance, and an inability to wrap their heads around economics and the coming of new banking systems and the correlation of the fiat banking system along with the current worldwide economic state of affairs. ...Suffice to say that this will happen to inject some false confidence into the fiat currency system before it collapses. This is just my humble opinion as I believe that the global government and one currency is still quite a ways away. Much has to be done and happen before all of Earth's countries and nations will accept one world currency and it will more than likely have to be done without choice. No country wants to be controlled by another country. Even dictatorships don't want to be controlled or messed with. Much is left to happen yet. I believe that Iraq is pivotal in the coming of the world's economic change and I also believe that the RV of the Iraqi currency is necessary to start the change in the shift of economic global power and the growth of the middle east economy which will eventually become the GCC with Iraq leading the way. Iraq is the most resource rich country in the area and will outshine all the other middle east countries as a democratic Muslim country which places some fear in the other Arab countries also. Regardless Iraq is destined for rapid growth and economic recognition shortly after it enters international trade and joins the World Trade Organization. We are getting close..and yes Iraq still has some glitches that will forcefully be worked out. Conflict always brings unity to destroy that which impedes the path forward and one rock can be moved out of the path no matter how big, stubborn, or deeply imbedded. The speed of the RV has a few factors with the biggest being inflation and the secondary being Maliki and the Iraqi cabinet. Parliament is on the side of the Central Bank of Iraq and the autonomy of the CBI to be free from government control to operate and make financial decisions. Better get used to this M as it would take the worldwide collapse of the entire fiat currency system to even give you a shot at controlling the activities of any central bank. This is still a ways off in my humble opionion as new currencies will need to backed by natural resources, precious metals, agriculture, and manufacturing including exportable services and goods. Precious metals will give backbone to currencies but food production will always be the greatest of demand and as a result of the most worth in times of hardship. Once cannot survive by eating gold or silver..think about how many wealthy would give up whatever precious metals were necessary just to go on living. Pride and arrogance have very little strength or power to those who are starving, sick, or dying. I do believe that inflation is not under control in Iraq currently, nor are the people of Iraq content with the amount of food, water, electricity, travel systems, and the access to work and means to better themselves. We all know how prideful the people are and it is tough to hold your head up while others hold you down. This needs to change in the near future. The CBI needs to interject life into the IQD and they cannot afford to pump in higher denominations that they have so long been working to remove from the local economy while they have been educating their citizens of a new Iraqi Dinar that will have lower denominations and greater purchasing power than the USD. Dr. Shabibi has stated that the Iraqi Dinar will be the greatest currency in the Middle East and the Arab world, as well as the international market place. The US dollar has been wrecking havoc with the IQD especially since Syria and Iran's currencies have little or no international value and have been dropped into the Iraqi economy. As Syria and Iran is not widely recognized and admitted into world trade right now...it is very difficult for the two countries to obtain resources to maintain the countries and the people of those countries. Syria and Iran have deflated the value of the IQD by removing US Dollars from the Iraqi economy. This has resulted in I do believe a very dramatic effect in the true worth of the IQD unofficial exchange rate which as been lowered 2X the value of the IQD against the US dollar loss. So now Iraq is constantly removing US dollars off of the streets of Iraq due to sanctions against Iran and also smuggling into Syria? The result is the IQD is losing consumer confidence and buying power within Iraq and a black market has been created which is further lowering the unofficial buying power of the IQD as compared to the US Federal Reserve Note as very few merchants want to use the IQD now. The US dollar is much more user friendly and internationally accepted currently as a reserve currency of strength and liquidity. OK now as Dr. Shabibi sees, a new ever developing problem on how to get your own citizens to gain confidence in your own currency, start using it, and bring strength and recognition to Iraq's economy while striving to reign in the avenues of international trade and global banking recognition to better His country and people. How can the introduction of large 000 denominations back into Iraq do anything now but further reduce confidence in the IQD and cause Iraq's inflation rate to do anything but rise faster and further than it was. Shabibi only has three options.. 1. RV the currency on the independent right of the CBI having the blessings of Iraq's parliament and either claim credit himself or share it with the Iraqi parliament while disgracing Maliki... 2. Wait upon the completion of the government of the CBI and for Maliki to be dealt with by removal or to have him start playing nicely with others in the sandbox.. or 3. Do nothing at all and watch all of his hard work stabilizing Iraq's Dinar to a point where it can once again RV and bring Pride to Iraq and the Middle East nations, quickly deteriorate and go down the tubes of failure. Not an easy decision right now...with sanctions on Shab's country and vulnerable DFI funds waiting for vulture countries to pick it apart and lay devastation to all that he has so dearly protected and allowed to blossom under his care. I believe that we are on the verge of the RV and that Maliki needs to be swiftly dealt with. I don't know how severely the reprimands have been taken to heart...but I also believe that he is too proud and arrogant to let Iraq fall apart under his seemingly all controlling dictatorship.. The CBI ball is in motion and it may well roll over more than one who stands in the way of the RV and the progress of Iraq into the global marketplace. Too many countries have forgiven way too much debt and invested way too much to the stability, infrastructure, and government of Iraq... I wouldn't want to be Maliki right now. Yes the RV is real and is going to happen.. How soon you may ask? Near future is the best that I can say and I will step out and voice my opinion on the rate of the dinar initially. According to inflation, Iraq's resources, and regaining it's place according to its last standing and also considering the Marshall Plan...; The IQD cannot come out lower initially that one to one in my opinion against the US Federal Reserve note. Even at a 1 to 1 rate, the Iraqi citizens will not want to use the IQD unless it is worth much more than the US Fed Note. An internal exchange rate of 2 US Fed Reserves notes to IQD would be easy to see and figure out. It would be very simple and anyone could tell that if I give you 1 dinar and you give me two US notes then the IQD is worth more. Within a month this will have spread through the mosques and the street markets about the new value of the IQD and how it buys twice as much as the US Federal Reserve not proving the Iraq is once rising to newfound strength and recognition after the downfall of the brutal Sadam dictatorship.. To those who say this will never happen...I say humbug and get a dose of reality.. To those who say 10 cents or under a dollar US I say get real and put yourself in Dr. Shabibi's shoes and you will get a reality check. Iraq's currency needs to rise quickly to offset the devastation of Iraq's economy and infrastructure while gaining access to worldwide trade and international banking recognition. If the Dinar is "pegged" initially or compared respectively to the Great Britain Pound when considering international exchange rates, it could be much higher agianst the US Federal Reserve Note. The US Federal Reserve Note has been devalued through credit rating reductions from AAA+ down to AA and loss of consumer confidence within the US but most inportantly internationally. The continued printing of Federal Rerseve Notes Flooding the international market has only served to further the devaluation and purchasing power of the US Federal Reserve Notes. As most of us are not privleledged to the current worth of the US Federal reserve note and as to how the IQD is to enter the global economy, we can only guess at exchange rates, but suffice to know that as each country has it's own worth and strength; so shall the IQD be reflected in the international exchange rate markets and forex. Iraq is a proud country and I believe that they will demonstarte strength and pride when the Iraqi Dinar regains its rightful place in the world's economy. Both Shabibi and Maliki have stated this will be the strongest currency of value and they have always wanted a currency of 5 plus when compared to a base currency such as the US Federal Reserve note or Great Britain Pound Sterling. It would be nice to see the IQD backed by precious metals when it hits the markets and not just another fiat currency prone to collapse that is backed by nothing but promise. Iraq will not see interest in their stock markets or development interests unless they have a strong currency and a functional government that agrees to put the needs of Iraq and It's citizens first.... A government is only as strong as those they govern over. Strife and unrest leads to weakness which destroys confidence, and starts the quest for change, stability, and satisfaction of the people. A government should never be satisfied if there is major discontent and strife amidst the population that it should be striving to Serve...."Not Control." There are always rumors circulating and the real truth will only be known upon completion of the project.. Try not to wear your heart on your sleeve and waste funds that are needed to keep your families safe and secure. This will happen..there are just too many factors to stick a date to the wall. Only God and Shabibi know when this is going to go down and the date is definitely a moving target... We sit upon the verge of change and the moment of history which shall never repeat. This is just my humble opinion in regard to what has been laid out before us. `
    15 points
  2. 6-29-2012 CBI: The Central Bank wants Iraqis to drop the dollar in internal commercial transactions. The Central Bank has decided to remove three zeros from the dinar, a move it sees essential to strengthen local currency and tempt Iraqis to stick to it. For months, the bank has been mulling the issue but only recently it said a decision has been made and it was a matter of time to translate it into action. The knocking out of zeros will save Iraqis using massive sums of paper money in their transactions, said Saleh. Saleh, speaking in a seminar on currency organized by the High Institute of Accounting in Baghdad, assured skeptic Iraqis that the removal of zeros from the currency shall not affect your earnings, wealth, financial and transactions, financial obligations and duties. On the contrary, the Iraqi economy and Iraqi citizens were to benefit from the move. The Central Bank, awash with hard cash reserves estimated at more than $60 billion, is working hard to boost the dinar’s value against major convertible currencies. A firmer currency along with the removal of zeros has been among the bank’s priorities. But Saleh said the bank was concerned to see the economy being dollarized and one target behind the new move was to lessen dependence on the dollar in domestic transactions and dealings by Iraqis. A dollar is now worth about 1,200 dinars. Central Bank wants Iraqis to drop the dollar in internal commercial transactions. http://www.azzaman.com/english/?p=179
    8 points
  3. Parliament: government must activate customs law Saturday, 30 June 2012 14:48 Shafaq News / The Parliament denied Saturday, the information that talked about the government’s postponement of the customs law, noting that the law will become effective from today and the government will be against the law if not implemented. A member of the parliamentary Finance Committee, Haitham al-Jubouri told "Shafaq News", that "the information that said that the government didn’t work with the customs law is not true." "The parliament is one that decides to amend the law, the Iraqi government can propose the postponement but with the approval and the ratification on this subject are within the parliament powers." "There is a proposal by the government to delay working with law, the Finance Committee in the Parliament discussed the subject and did not reach a conclusion regarding the governmental proposal." "The government parties don’t oppose the implementation of the law but say that it needs almost a year to train their staff on the implementation of the law as well as the existence of logistical needs that will not make it able to implement the law fully,” he added. "The Finance Committee is still considering the request and if the government really needs to fill the gap in some technical aspects, it will not force the government to implement the law until the completion of procedures." "The Customs Act will become effective from 6/30/2012 and the government will be against the law if it didn’t implement it,” Jubouri said. The Iraqi government called the parliament on 28 of April to be patient in the application of the Tariff Act that is due to work with at the beginning of next July for not completing the necessary foundations for succeeding the application of the law, while the representative economy and investment Commission confirmed that it will consider the government request to postpone the customs tariff and will have a stand from it, revealing the benefit of some of the speculators and the neighboring countries from not activating the law. http://www.shafaaq.com/en/news/2831-parliament-government-must-activate-customs-law-.html " The Parliament denied Saturday, the information that talked about the government’s postponement of the customs law, noting that the law will become effective from today and the government will be against the law if not implemented".
    7 points
  4. Central Bank required banks to open special files for customers in hard currency 30 June 2012 BAGHDAD / Center Brief for the Iraqi Media Network - An Iraqi Central Bank introduced new mechanisms to control the process of converting foreign currency include requiring banks to open special files each customer wants to buy the currency at the central bank to provide details within 15 day. The deputy governor of the Central Bank of the appearance of Mohammed's (Center Brief for the Iraqi Media Network) that "the central bank has developed a new plan to deal with banks on the process of converting foreign currency to their customers include banks to open special file for each customer wants to buy hard currency that provides the bank Central within fifteen days paper conversion, which includes the recipient's identity and place of the exchange amount. " He added that "the banks will bear the responsibility for auditing the transactions regarding the process of conversion of the conditions that serve the Iraqi economy." Tani and measures the central bank as part of the continuing series of changes introduced by the Bank during the past few months to maintain exchange rate stability and the preservation of the hard currency of smuggling outside the country. And saw the Iraqi market during the last period and the purchase of large foreign currency purchase orders and reached U.S. dollar, according to Central Bank of Iraq in one of the Mzhadath to about $ 450 million. The main tasks of the Iraqi Central Bank to maintain stable prices and the implementation of monetary policy, including exchange rate policies and the management of foreign currency reserves and the organization of the banking sector. My link
    6 points
  5. When it comes to this subject, I could care less if everyone on this board negs me. YES, I believe in God. In fact, with the way the world is today ( compared to when I was a kid) I honestly do not know how a person can survive without faith in God. I know many do.....I just don't know how. I am glad that I don't have too. RSS
    5 points
  6. BAGHDAD - Al Sabah said the central bank exchange rate of the dinar against the dollar will stabilize during the holy month of Ramadan because of the tendencies of food prices in the world to lower, not higher. Deputy Central Bank of the appearance of Mohammed Saleh (Center Brief for the Iraqi Media Network) that »the central bank monitors the rate policies foreign exchange to local currency, which indicates that the exchange rate of foreign currency before the local will stabilize in the month of Ramadan, because the food in all countries in science refers to the decline in prices ». He added that »the month of Ramadan in the summer differs from winter to the availability of agricultural products and fruit in Iraq, leading to a lack of high food prices substantially «. and called on the Finance Committee in the House of Representatives of the Central Bank to lower the exchange rate of foreign currency to reduce the high prices of commodities and goods in the month of Ramadan. http://www.alsabaah.com/ArticleShow.aspx?ID=30177
    5 points
  7. Its unfortunate, but this site has turned into a pit of trash now filled with conspiracy theories which certain people have created in order to spin a massive web of lies and deceit solely to target the Iraq RV "market." The less knowledgeable hang onto every line like it is gospel. Logic, reasoning, and even common sense has been completely thrown out an the ones who understand even basic economics are "negged" and marked as being "negative" by those hanging onto the dream of becoming rich by holding a hyper-inflated currency. For those wo want to bring God into all of this? How about the simple commandment: Thous shalt not LIE
    5 points
  8. I Just Ran This Through The CNN Google Translator And All It Said Was - Neener, Neener, Neener ..... :D Btw Don't Worry About It SWFG ! Some Of Us Are Capable Of Understanding That Things Change In Iraq And Don't Hold U Personally Responsible ! U Just Keep Bringing' It Bro And We'll Be Happy To Keep Giving U Plusses For All Ur Hard Work + Research ! The Rest Of Us Don't Suffer From Plussey Envy !
    5 points
  9. Tiffany. as a wife of a retired US Vet....you claim( don't know if its true or not as your lies all run together)_that your Father was/is a retired General or a Col. in the US Army.. In fact you say you were stationed at Ft. Campbell at one time.. yes if memory serves me correctly, you even had a Corvet at Ft. Campbell. Do you remember that? Well this is were I was born and raised.... I guess my question to you is: if He were such a fine patriot and such a notarized official, how did he end up with the likes of you????? Is he retired now and disownes or dis-acknowledges any association? I know my husband would completely be appalled with and not have any trust in a son or daugther that displayed or spoke the evils that you speak. I have become sickened of your antics, your lies and your evilness to turn others astray....you live in another country...stay there...... and don't bring your fifth back to the USA.
    5 points
  10. Um............this is America! It may have been a muslim arab convention......that doesn't matter. I have been to many organized Christian events that have seen other religions there sharing their faith. I have never seen anything like this period. Ireland is not apples and apples comparison. Appearantly you want to ignore facts, and the fact that muslim parents didn't stop their kids. Also very few were small children. So I suppose you are going to tell me that the muslim religion is peaceful and loving? The Christians were sharing the truth of the Word of God, that is all, and they had every right to be there sharing their faith. The actions of the muslim mob is despicable, and arrests should have been made, for rioting and assalt/battery charges with addition of hate crime. Now all these stupid people think they can riot and hurt people to get their way just like in their native arab lands. What is next................bombs? Christians share the truth and their faith, muslims kill for their faith, and it is a lie from a false religion of a false profit Muhammad.
    5 points
  11. Adam, I have two questions: 1. We constantly hear that we need Erbil, Ch 7 removed, etc, etc, before we see an RV. It makes more sense to me that the most significant reason for the delay of any RV is that the Iraqi government is so disorganized and can't get its stuff together. Your thoughts on this? 2. We also hear about a "basket" of curriencies being revalued simultaneously. What's your current opinion on the basket concept? Thanks!
    4 points
  12. Comedian Jon Stewart slams Obama's use of 'executive privilege' Democrats are calling it a witch-hunt. In the past, Republicans called it a fishing expedition. Leave it to a comedian to point out that in politics a 'witch-hunt' and a 'fishing expedition' are the same thing, and NEITHER justify keeping secrets from a Congressional investigation, or the American people. (NOTE: This is a two part video, be sure to scroll down the webpage for the link to part two.) Video: http://www.2ndamendmenttv.com/videos/the-fast-and-furious-scandal/comedian-jon-stewart-on-obamas-claim-of-executive-privilege-pt-1.html
    4 points
  13. Two things: ONE - there is no such thing as a $.86 RV. If they were to drop the three zeroes from .00086, you STILL have to do the math and divide it into $1.00, giving you about $1.16 or $1.17 ish. $1.00 divided by .000857632 equals 1166. $1.00 divided by .857632 equals 1.168. TWO - they talk about two different subjects when they mention the exchange rate. One is about the currency reform, the way we are interested in. The second way is about the difference in the stated value of the dinar ( 1166, from the CBI) and the actual "market" value, that they get "in the street" for it with money changers and vendors. When they talk about the low value of the dinar, they mean that in the real (their) world, they have to pay about 1220 dinars to buy a dollar, even though the official exchange rate is 1166. THIS is what they are talking about in this article. The goods coming across their borders (food, clothing, gifts for Ramadan) are costing more because of the "market value" of the dinar is down. Everyone wants them to finish their (CBI) responsibility of managing the rate so the poor won't get ripped off during the holy month with a bad market rate.
    4 points
  14. Central Bank wants Iraqis to drop the dollar in internal commercial transactions By Khayoun Saleh Azzaman, June 29, 2012 The Central Bank has decided to remove three zeros from the dinar, a move it sees essential to strengthen local currency and tempt Iraqis to stick to it. For months, the bank has been mulling the issue but only recently it said a decision has been made and it was a matter of time to translate it into action. “The knocking out of zeros will save Iraqis using massive sums of paper money in their transactions,” said Central Bank Deputy Governor Mudher Saleh. Saleh, speaking in a seminar on currency organized by the High Institute of Accounting in Baghdad, assured skeptic Iraqis that the removal of zeros from the currency “shall not affect your earnings, wealth, financial and transactions, financial obligations and duties.” He said, on the contrary, the Iraqi economy and Iraqi citizens were to benefit from the move. The Central Bank, awash with hard cash reserves estimated at more than $60 billion, is working hard to boost the dinar’s value against major convertible currencies. A firmer currency along with the removal of zeros has been among the bank’s priorities. But Saleh said the bank was concerned to see the economy being dollarized and one target behind the new move was to lessen dependence on the dollar in domestic transactions and dealings by Iraqis. A dollar is now worth about 1,200 dinars. http://www.azzaman.com/english/?p=179
    4 points
  15. This is from 4/19/2012. Interesting how you don't give credit where credit is due... Didn't even bother letting people know that this isn't your work? Not cool Easy! Nice post, but a lot of "what if" hypothetical scenarios. That is why I have a hard time wrapping my head around it **Its getting harder and harder coming here and listening to this new financial system BS that is completely made up! How do you folks fall for this garbage??? Unbelievable...
    4 points
  16. Keep. This is clearly a lop article. For the millionth time.Stop believing okie.
    4 points
  17. Man I love this gal!!! Now here goes................................ As an intelligent and or talented person in life you become a huge target for people to tear away at. Some have an agenda and others may just be mean spirited... It is unfortunate that this exists in society but as we have learned those at the top of their game always have some that relentlessly dog them. It takes a thick skin to weather the onslaught and most likely only re/affirms ones commitment and passion. I am proud of those that bring insight , knowledge and opinions without confrontation. My hat is off to those of you here that meet this criteria. ( and you / we know who you are !!! ) Quad
    4 points
  18. You can't see anything, because you are drowning in the abyss of you own deceptive thought process. These Christians were not looking for a fight, they were there to lead people to Christ. These guys also did take the beating and did not retaliate. Your comments are invalid, and you quote verses from the Bible from a mis-guided point of view which is meaningless, yet you are proud of yourself for it. I take your comment "Tonto" as a racist comment and am offended by it. I think we can see who the haters are.
    4 points
  19. Sports...please tell me if what I'm seeing is incorrect. A group of Christians walked into a Muslim neighborhood and basically taunted them by propagating their own religion. The Muslims, mostly children, then retaliated? Is this correct? Do you think this is unusual behavior? If say, a group of Muslims went to say a place that young non-Muslims hung out and walked down the American street with signs showing their support for Muhammad, what would the reaction be? All you need do, is read the posting on youtube under this particular video to guess. But guess what, this happens EVERY Year in Northern Ireland, but this time it is between two Christian denominations: Catholics and Protestants. And it's been going on for generations. Don't believe me: It's human nature to react this way, regardless of which religion one is. If you taunt another’s belief, well, be prepared. Curious, why did you feel a need to post this? What reaction were you expecting to get from this crowd?
    4 points
  20. Hello again fellow Iraqi Dinar Investors, It's been quite awhile since I've said anything here at DV, but I have kept up with most of what's been going on just the same. I decided to take a break from speaking my mind because of the seriously polarizing opinions of those who believe in the probability of our investment netting us a healthy return, and those who no longer or never believed it to be so. Quite honestly, I find it simply amazing that anyone who doesn't believe in it would even bother to say anything at all, but as I read here a moment ago, there are actually those like MrDinarman who openly admitted he enjoyed dashing the hopes and dreams of us who believe. Thus, I felt compelled to chime in once again in response to that line of thinking. I want to first thank FREEZE for bringing us this lengthy and well though out post. Although it somewhat kindly points out many of the reasons why we who believe we made a wise and prudent investment in the IQD are actually instead quite foolish simply because the "numbers, or math" says otherwise. Well, that's where I happen to strongly disagree. All of the numbers and math mentioned in the post fail to take into account the 2 most paramount reasons why I got involved with this investment, and shall continue to hold onto mine, no matter what, for as long as it takes to see it increase dramatically in value, or fail miserably. Those two reasons are the KNOWN FACT that the IQD was drastically DE-Valued to nearly nothing as a war strategy to help defeat Saddam's government, and the KNOWN FACT that many countries and large corporate investors also hold the same IQD that we do, and in the same 3-zero denominations. Those 2 facts alone are enough for me to continue to believe that no matter what happens to my investment in IQD, there is no way those other large investors and countries are going to lose on their investment, and as a consequence, neither are we who hold out and don't cave in to the skepticism and pessimism that seems to be running rampant of late. At least that's my observation here at DV. I admit I have no secret intel or high and mighty connections, and I don't even bother spending a whole lot of time researching this stuff anymore. Neither do I care much whether Maliki stays or goes, or anything else that occurs politically in Iraq. i am quite comfortable just waiting and hoping that sooner or later all of this intrigue will end, and we shall either be deemed as successful and astute investors after all, or the proven fools we have been called all along by the naysayers both here and most often when we have tried to share with others what we see as a golden opportunity of a lifetime. I have heard the doubters arguments many times over, and even on occasion allowed myself to get hot and bothered whenever that one fellow DV member with the sneer and cap on sideways who claims he was once a small time pimp manages to successfully incite some to anger, and dampen the hopes of many here time and time again. But I have yet to hear anyone put forth an acceptable argument explaining just where the value of the dinar went when it was devalued during the war, and exactly what process must occur to put such value back. It seems that this line of reasoning gets lost in the "bean counters" and their math of outstanding currency amounts and other such rubbish. So, my question to all of the so-called experts on how we believers are simply stupid, senseless, religious fanatics without a clue of how the world of high finance really works could please tell me just where did that former value go, and how is it, if ever, suppose to be returned? That is truly what I believe is the reason that the large investors and countries ever got involved with the IQD, and why I personally believe it will one day increase dramatically in value. In an earlier post I referred to us as the fleas on the elephant backside. So, that's all I have for now, but if the topic warrants it I shall be back again. Thanks to all who read this to its end, and for those bashers who are compelled to come after me, take your best shots!
    4 points
  21. Battle Hymn of The Democracy The government deceives us to the brink of our demise; Their staged crisis and carnage shouldn’t come as a surprise. The entertainment industry has taught us to love lies, And we keep them turned on. Holy, holy, holy molly Holy, holy, holy molly Holy, holy, holy molly And we keep them turned on. Our elected politicians have become our biggest curse They’re completely without honor and their rhetoric’s rehearsed They defend the shameful actions with the other side is worse And we keep them turned on. (Chorus) We elect the thieves to office and they do just as they will They don’t ever make a promise that they ever plan to fill When they need to take more money they just pass another bill To keep the elite class strong (Chorus) Never have we ever been less free than we are now, Industry evacuated it threw in the towel, Fines from regulation has replaced it anyhow, The one great dream is gone. (Chorus) Now the doctors have the privilege to supply them with new wealth, They can keep us all committed with concerns about our health, If you didn’t know you couldn’t you would take care of yourself, We hope to soon be gone. (Chorus)
    3 points
  22. Body mechanic here not a finance guy. I have been slammed by confessing to this investment with other physicians. Now I get another doc's investment advisor stuff me with the following...SIMPLE MATH ...I appreciate your input on the other post I made as I was tarred and feathered from my accountant buddies. I'll remain stupid but I don't like it. Back to my rock. SIMPLE MATH You take $1,000, you walk into a bank / money exchange and you buy $1,000 worth of Iraqi Dinar. And some people believe that if you hold onto it through a currency redenomination like Turkey, Afghanistan & oil-rich Venezuela went through, then the cashier will give you $1m upon changing it back for your $1,000 worth of Dinar? Yes that’s pretty much it. People latch themselves like a limpet onto “feel-good” (and very convincing) salesmen-GREEDY-GURUS (some of whom were involved in the prior CMKM penny stock fraud “pump and dump” con using the same “secret intel on radio calls” tactics, GURUS-like Okieman, Breitling, Frank26, another site, Kaparoni, Millionday, another site, SteveI) who promise the Earth by trawling currency comparison sites – picking the weakest ones (“just look at HOW MANY you get per Dollar!”) that are weak due to prior chronic / hyper-inflation and try and “pretend” that inflation never occurred and they’re really “undervalued” due to some abnormal “secret aberration” that millions of people around the world who trade them every day are too “stupid” to see but Mr. Pumper of Arkansas or Lubbock, Tx...“knows the secret” – when in fact the currencies are weak simply because they’ve been over printed no different to 1920′s Germany or Zimbabwe. Or 70-odd other countries over the past century. What they call “undervalued” is in fact – plain ordinary inflation and the dilution effects of basic currency over-supply vs economic demand. And what they amusingly call “the RV” is in fact demanding that 999x more money be printed (which would instantly trigger off hyper-inflation – everyone’s a millionaire but bread will cost $1,500 per loaf, houses would be $250m each instead of $250k, etc…) in the confused belief that “the more money you print the stronger a currency gets”. Back in reality the more currency that are printed – the more each currency unit gets devalued. That happens to all currencies (strong and weak) and isn’t even up for debate as a universal observable phenomenon. If people do not understand it, they need to keep calm and take responsibility for their own education rather than blow off steam out of frustration against those who do. That there are over 60tn Iraqi Dinar’s and over a staggering 1qdrn (1,000 trillion) Vietnamese Dong in circulation – and that Saddam Hussein printed huge amounts of Dinar under the sanctions (precisely because if you can’t trade or borrow – then all you can do is print!) – goes straight over some people’s heads… That many Iraqi’s are using Dollars (a phenomenon called “Dollarization”) and Vietnamese have been buying houses with gold rather than native currencies speaks for itself. It’s actually pretty racist to declare all those 100m people “stupid” as well. People in their own countries know exactly what’s going on with their own currencies – a lot more than people with a sales agenda who hang onto “radio calls” every week. As mentioned previously, the debate isn’t even economic anymore – it’s really psychological. That’s why when facts are on the table, all you will get in response is angry emotional outbursts from some people. Let me ask you some questions – and please think them thru.. Do you believe that a drop of water can be larger than the glass of water from which the drop was taken? Do you believe that a grain of sand can be larger than a beach from which the grain was taken? Is a slice of bread larger than a loaf from which the slice is a part? Can an apple pip be larger than an apple including the pip? Is a screen pixel larger than a screen? Is an electron bigger than an atom including the electron? Can a fish’s scale be larger than from the same fish it came? Can a leaf be larger than a bush including the leaf? Can a mountain pebble be larger than a mountain including the pebble? Can a wheel be larger than a car (including the wheel)? Can a saddle be larger than a bicycle including the saddle). Can a dog’s claw be larger than the dog (including the claw)? Can a millipede’s leg be larger than the millipede? Can Iraq’s economy be bigger than Earth’s economy of which Iraq’s economy makes up just 1%? Most honest sane people would truthfully answer “no” to these questions because the answer is not a relative subjective emotional “feeling” that can be argued over like art critics discussing the “mood” of Da Vinci – it’s one of objective literal physical impossibility. Where [WE] are going wrong is quite simple – you believe basic mathematics & economics surrounding the redenomination are somehow “relative” and “must have no right answer” because it keeps the dream alive. Your intentions of not getting hurt are entirely understandable, but some things in life do have an objective right answer and plenty of wrong ones – and a country like Iraq can no more have a larger money supply than Planet Earth of which it makes up just 0.43% of the world’s population in people and 0.24% in economy size, than a small village in Hawaii can have an economy larger than the United States of America (which includes that small village) – or France can have an economy larger than Europe – including France! The “RV” argument is so incredibly stupid that it defies belief that it actually needs explaining why Iraq’s money supply cannot be larger than the total global money supply of every country on planet Earth – including Iraq’s – combined – and 500x larger than Iraq’s own economy (which is the equivalent of America having a money supply of $7,500tn instead of $15.8tn)… What [WE] seem to crave in post after post seems to be emotional reinforcement rather than simple honesty – you WANT others to “possibly be wrong” just to feel better about your ‘investment’ so you won’t have to think it through – not because it’s the actual truth. Here is the real truth : Iraq may redenominate – or they may call off the redenomination and not do anything. Either way – the “RV” in the sense of an absurdly claimed 1:1 banknote exchange ratio after a 1000:1 currency adjustment (the world really doesn’t work like that) vs the $ is still a mathematical objective impossibility – because there isn’t enough money on the planet even if every man, woman & child in every country on Earth – all 7 BILLION people – gave every single bank-note, they had to Dinar speculators plus all money in their bank accounts, their incomes, their savings & pensions and resorted to foraging for food to survive. That’s the scale of ridiculousness of the 1:1 banknotes exchange “RV” claims. And no – I genuinely am not wrong in saying “The impossible cannot happen because it is impossible”. If the whole Earth’s money supply is around $60tn… http://goldseek.com/news/2009/1-12mh/11.png …Then Iraq having under 0.24% global GDP cannot possibly have $62tn of Dinar’s whilst also simultaneously being 0.24% of the $60tn! There is nothing to “believe” or “get wrong” about this. It’s basic math with one right and plenty of wrong ones. You’re not just trying to fit a square peg into a round hole, you’re trying to fit a car into a tire, a loaf into a slice, a beach into a grain of sand, an apple into a pip, a glass of water into a droplet, etc. I really cannot think of any other way of spelling it out short of breaking out the purple crayons and explaining why daddy dinosaur’s toe (whom he nicknames “Iraq”) can’t be bigger than daddy dinosaur (whom his wife nicknames “planet Earth”). The only genuine “unknown” with the redenomination is the “when” – The Iraq Central Bank has delayed it for various reasons number one being inflation creeping up again. The “what” is not unknown and hasn’t been for over two years now. Exceptionally clear information has been given – they’ve even described the new banknote designs in detail. “The new currency will be printed after deleting the zeros and will include the Kurdish language in addition to the Arabic language. It will bear as well photos of Iraq’s civilizations and patrimony in addition to symbols of Iraqi intellectuals and figures, in addition to coins in both Arabic and Kurdish. This will include a new 50 Dinar bill with a value of $43 (50,000 current note Dinar).” Dinar speculators don’t want to hear it out of personal discomfort and vested interests – sure that’s a given – but the redenomination simply is what it is whether it’s accepted by ‘investors’ or not. I have made points politely, honestly and truthfully with 100% verifiable facts for those who are willing to view (which be honest- is the real issue isn’t it?) : Yes, [WE] must see the wild contradiction. You print more money – currency value goes down. Yet to turn $30-60bn into $30,000-60,000bn would involve… printing 999x more which would drive its value down not up! Likewise to make 60tn Dinar’s 1,000x stronger would mean reducing the amount circulating to 60bn Dinar’s (redenominating). You can no more “RV” them by keeping the same amount in circulation than you sell Snickers bars for $800 each just slapping a $800 price tag on it. It’s valued by the market, not some centrally planned Communist dictator. No-one else would trade the currency if it suddenly became 1,000x more expensive and still 1,000x more prevalent than peer neighbors like Kuwait (it’ll just instantly self-devalue again due to obvious massive inflation of an entire planet’s money supply all circulating inside a country smaller than Australia!) I guess it’s one of those “big lie” technique scams – ie, a claim so outrageous that some people believe that no-one could have the sheer impudence or audacity to distort the truth so absurdly – and therefore decide “it must be true because of it”. Finally you ask; "What is in it for the pumpers, site-owners and story tellers ?" Number one reason is profits. The yield [to a site-owner] will vary depending on the site-owners participation. Many props establish a site to self-perpetuate [meaning-function without the site-owners involvement]. ADS, ADS, ADS, Sell, sell, sell...which means revenue to cover nominal costs for maintaining the site continuance. The site may exist for dinar discussion but ADS may not exist for dinar purchases. Any purchase nets a payday for the owner. Hair and fashions, dating opportunities, incorporating LLC s, buying silver and gold....you name it. From time to time the site-owner pops-in creating enthusiasm or like [chum-to-shark]..feeding frenzy. It doesn't have to amount to more than [hearsay][bS]etc........Everyone is excited ! [WE] all hang-on for another day, another weekend, another week, another month............another dream of riches. I have done my damnest not too share this but having time on my hands and a brain that wants my body to-do jumping-jacks again, I could not continue to ignore math. Never did like math. WAY TOO EXACT.
    3 points
  23. Happy Birthday SWFG and thank you for all that you bring. We hope you have a great birthday. Shelley & Carrello the KamelKeeper :wave:
    3 points
  24. Despite the abundance of sales of Central Bank of Iraq .. Bank of Iraq .. Sale price of the dollar stabilizes at 1240 dinars Bank of Iraq .. Sale price of the dollar stabilizes at 1240 dinars Despite the abundance of dollar sales at auction of the Iraqi Central Bank, but the sale price of the dollar in the domestic market remained away from the official selling price of about $ 61. Price and settled in the local markets at 1240 dinars to the dollar since early June, the current, while the dollar auction sold the central bank and through some branches of banks, Rafidain and Rasheed at 1179 dinars to the dollar. Range from sales of the auction, hosted by the Central every day in the range of $ 200 million, however, that the hearing yesterday, Thursday, the last meeting of the week, dropped the demand largely to record the amount of $ 87 million, versus 292 million for a session Wednesday, the exchange rate based on 1166 dollars for every dollar. The bulletin issued by the Central Bank received a "gate Iraq," a copy of which the total volume of demand on the dollar of 87 million and 725 thousand dollars, covered by the central bank at an exchange rate basis was 1166 dinars to the dollar. The Central sales reached 292 million and 536 thousand dollars Session the former. Will keep the exchange rate and appears to depend on control of speculators in the local market. Central sales were distributed Thursday to demand the cash amount of six million and 725 thousand dollars, "while sales orders," the amount of $ 81 million at the exchange rate was 1179 dinars per dollar. http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.albawwaba.net%2Funcategorized%2F34588%2F
    3 points
  25. http://www.wimp.com/shuckcorn/
    3 points
  26. ERBIL, June 30 (AKnews) – The Kurdistan Region's Deputy Prime Minister Imad Ahmed announced that the government will modify the region's investment law in a way to acclimate with the region and the world's development. Ahmed’s announcement came in a meeting in Suli, which included Finance and Economic Minister Bayiz Talabani, Reconstruction and Housing Minister Kamaran Ahmed, chairman of the Investment Board Herish Muharam, secretary of the Council of Ministers Mohammed Qaradaghi, Suli governor Bahroz Mohammed and a number of investors. Ahmed said: "The government's policy is in favor of investors and investors should fulfill their obligation towards the country.” Ahmed confirmed that it was decided to amend the investment law for a second time. The new law should remove barriers and routines to facilitate the investment process and make progress, said the deputy. By Hemn Hadi DM/AKnews http://aknews.com/en/aknews/2/314764/
    3 points
  27. . Howie, I have been looking and could not find a thing. Good for you. You are the The Man this Saturday morning. Thank you.
    3 points
  28. Saudis refrain from dealing in Iraqi currency and the countries of the Arab Spring 30/06/2012 Riyadh / follow-up JD / .. newspaper (economic) Electronic Arabia a report seen by agency / JD / that some dealers shops in the markets of Mecca and Medina refrained from dealing with the currencies of Arab countries witnessed revolutions Arab spring, and the fear of collapse or falling the exchange rate of those currencies that exposes them to huge losses, noting that traders sensed a problem'' and the Iraqi dinar'''''' Lebanese lira previous experience problems seen its currency plunged. The newspaper pointed out: traders and owners of these shops, they began to refuse to deal in these currencies after a year to some of the revolutions in those Arab countries where political problems were reflected on its economy and security of making the shop owners and traders fear the circulation because of the falling exchange rate of sudden, and in a moment's fear of exposure to the loss of double , noting that some of these currencies is now possible to easily forged. The bankers and economists to'' economic'' The currencies of the countries of Arab revolts began to raise concerns of traders and the local markets is what made them reluctant to deal with or accept it, because of the rapid decline of the exchange rate of up to any news of a negative political to 30 per cent, or ease the process of counterfeiting Given the vulnerability of security markers, while there are foreign currencies fluctuate because of the economy can not be falsified Kaammelta'' euro'' and'' dollar'' of the strength of the security marks and also'''' Saudi riyal currency is difficult to falsify that only these two currencies, such as trust them ' 'Real' and 'dollar'. Here is the source of a bank official to'' economic'', the main reason for refusal merchants to accept coins and dollar'''' due to the many considerations the most important of the stability of the exchange rate of the Saudi riyal against the dollar. With regard to currencies other Arab countries with transition-and where there have been revolutions, the economy which is stable and its future is vague and, according to experience banking the political situation of the countries of the former touched the problem of'' dinar'' Iraqi and'' pound'' Lebanese previous experience has seen the problems of hot currency. The source said, the concerns of traders due to fluctuations frightening to the exchange rate of these currencies because they are turning to the bank to exchange currency before a long time and they find it had collapsed or fell any disorder or news of a negative for the rate of descent between 25 to 30 per cent, which means loss of traders and shop owners. The source pointed banking itself, that the security situation is also in these countries, unstable, exposing these currencies to fraud as a result of loose security, and makes them into potential forgery, especially Arab countries, some easy rigging their currencies, making traders and shop owners fear circulation, acceptance, so turn currency trading currency secured some difficult rigged currency'' Euro'' despite the volatility, but the signs in which the security is very high as well as the 'dollar' and 'Real' in Saudi Arabia. He explained that the citizens of these countries are resorting mostly to swap their currencies in exchange Arabia, which either they change the exchange rate or apologize for its acceptance of the fears of rejection when migrating these currencies to central banks, which cost the banking market Arabia loss in the event of non-acceptance by the central banks of those troubled countries, because it has to be altered in other banking operations, but the disorder reduces the possibility of completion of such operations, which likely probability of loss, while often changing currencies citizens of Arab countries in the Saudi banks. He added: banks accept the replacement rate of exchange if they are within its treasury, while the shops have concerns Unlike the banks, the fact that replacement and conversion in Saudi banks will be very fast in addition to monitoring and follow-up by the Saudi Arabian Monetary Agency, which monitors the situation carefully because if they sensed the movement of a negative of any country they feel Banks need to stop accepting these currencies questionable and expected collapse of the early and get rid of them available in the coffers of the banks. On the nature of hesitation to accept the euro currency among local merchants, The source bank, that due to the reason for high frequency of this currency as a result of the problems faced by the European Union, especially as some of the country on the brink of collapse and any news of economic bad landing currency quickly, advising clients Gulf in Saahthm in these countries, regardless the currency'' Euro'' instead of the dollar and local banks before going, because the price fixed in Saudi banks. He stressed that the U.S. dollar, despite being subjected to fluctuations of the causes of the problems experienced by the U.S. economy remains strong as a result trading in the world, but what occurs to the economy oscillating make it fixed, but influenced by exchange rate of the Saudi riyal is worrying, price of exchange against the dollar pegged Bammelth fixed. For his part, said to'' economic'' Nashwa Taher, Chairperson of the Trade Commission in Jeddah Chamber: The situation is not stable in the countries of the Arab revolts what traders feel uncomfortable, a good reason for refusing to deal and trading of these currencies, because they do not know their political status bad troubled reflected on the economic situation, which is affiliated to any political turmoil. While the currency'' Euro'' are unstable and can not estimate anything about currencies and the single most stable currency is the dollar so the dollar is more than any other currency. Differences of economic or oscillations caused by political instability naturally leads to the instability of the exchange rate, and does not accept traders currencies volatile and volatile for the instability of the exchange rate of these currencies, and thus incur traders losses, while the dollar currency stable against the exchange rate of Saudi Riyal disk. / End / economic Saudi Arabia /. http://www.dananernews.com/News_Details.php?ID=1125
    3 points
  29. I just watched the vid from begining to end. What I saw was Christan persscusion in the form as outlined in the Bible. With everything else going on in the world today this just convinced me that the final battle is forming and we won,'t have any choice here. All I can say is look to the Lord and believe that he is our savoior. The double standard that is being applied here is gut wrenching to watch in my own Christan based country. It is like these self rightouse subhumans have rights but the Christans do not. I now think I have a better understanding of what the middle east is all about. It appears that the muslims think they are the chosen ones. Boy are they (muslims) in for a surprise. Christans God would want you to protect yourself......................................... It is a sad day in the USA. Let the negs flow, I don't care, GOT IT!
    3 points
  30. If you have read the SIGIR and the many programs that provide assistance from the United States to further Iraq's development and furtherance in the international community, and then you think about the opinions out of Dinarlanders that state demonstrably that Iraq will not honor a cash-in of their currency at RV time, and we will be left holding and empty bag, think again, The amount of money that we as dinar investors will make is only a pittance compared to whales and countries that may be holding dinar. It is also a pittance compared to the amount of money Iraq will make due to our assistance in their development. I would think that just the international investment that will be made in Iraq over the next few years due to the US providing guidance, assistance and support, will easily off-set the RV money paid to Americans, and Smee, a Canadian, Is it worth it for Iraq to screw Americans by not honoring their own currency? I think not so much. Thanks gamaray.
    3 points
  31. Ski... Carrello was never in the closet, she never once lied about who she was.. 90% of the board kneww she was KK, the lady is so dang smart that it couldn't have been hid if she had tried. You have got to stop all this, it's really not getting anyone anywhere.... We are all here for the same reason, right??
    3 points
  32. Thought I pass this on!! Something to ask your State Governor, Attorney General, and Legislature. Will your State confirm it's already given Soverneignty, in lieu of the following?Before you look to do harm to Chief Justice Roberts or his family, it’s important that you think carefully about the meaning – the true nature — of his ruling on Obama-care. The Left will shout that they won, that Obama-care was upheld and all the rest. Let them. It will be a short-lived celebration.Here’s what really occurred — payback. Yes, payback for Obama’s numerous, ill-advised and childish insults directed toward SCOTUS.Chief Justice Roberts actually ruled the mandate, relative to the commerce clause, was unconstitutional. That’s how the Democrats got Obama-care going in the first place. This is critical. His ruling means Congress can’t compel American citizens to purchase anything. Ever. The notion is now officially and forever, unconstitutional. As it should be.Next, he stated that, because Congress doesn’t have the ability to mandate, it must, to fund Obama-care, rely on its power to tax. Therefore, the mechanism that funds Obama-care is a tax. This is also critical. Recall back during the initial Obama-care battles, the Democrats called it a penalty, Republicans called it a tax. Democrats consistently soft sold it as a penalty. It went to vote as a penalty. Obama declared endlessly, that it was not a tax, it was a penalty. But when the Democrats argued in front of the Supreme Court, they said ‘hey, a penalty or a tax, either way’. So, Roberts gave them a tax. It is now the official law of the land — beyond word-play and silly shenanigans. Obama-care is funded by tax dollars. Democrats now must defend a tax increase to justify the Obama-care law.Finally, he struck down as unconstitutional, the Obama-care idea that the federal government can bully states into complying by yanking their existing medicaid funding. Liberals, through Obama-care, basically said to the states — ‘comply with Obama-care or we will stop existing funding.’ Roberts ruled that is a no-no. If a state takes the money, fine, the Feds can tell the state how to run a program, but if the state refuses money, the federal government can’t penalize the state by yanking other funding. Therefore, a state can decline to participate in Obama-care without penalty. This is obviously a serious problem. Are we going to have 10, 12, 25 states not participating in “national” health-care? Suddenly, it’s not national, is it?Ultimately, Roberts supported states rights by limiting the federal government’s coercive abilities. He ruled that the government can not force the people to purchase products or services under the commerce clause and he forced liberals to have to come clean and admit that Obama-care is funded by tax increases.Although he didn’t guarantee Romney a win, he certainly did more than his part and should be applauded.And he did this without creating a civil war or having bricks thrown through his windshield. Oh, and he’ll be home in time for dinner.Brilliant.
    3 points
  33. Central Bank confirms the stability of the dinar exchange in the month of Ramadan 28/06/2012 04:33 ]BAGHDAD / Center Brief for the Iraqi Media Network - The Central Bank of Iraq that the exchange rate currency exchange rate of the dollar against the Iraqi currency exchange rate will stabilize in the month of Ramadan because of Milan Asar food in the world to decrease, not increase. The deputy governor of the Central Bank of the appearance of Mohammed Saleh (Center Brief for the Iraqi Media Network) that "the central bank monitors the policies of the exchange rate of foreign currency to local currency, which indicates that the exchange rate of foreign currency before the local will be stable in the month of Ramadan, because the food in all countries of the flag indicates to the decline in prices. " The month of Ramadan in the summer differs from winter to provide agricultural products and fruit in Iraq, leading to non-food prices rise dramatically. And that "the central bank can be equal to the exchange rate of the dollar against the dinar, but the only reason that Iraq's oil reserves are very Mzachma which has implications for equality of these two currencies. And called on the Finance Committee in the House of Representatives of the Iraqi Central Bank to lower the exchange rate of foreign currency to reduce the high prices of commodities and goods in the month of Ramadan. http://translate.goo...2F%2Fwww.imn.iq [/font]
    3 points
  34. Just like they claimed it wasn't a tax, they also said the panel of bureaucrats deciding what treatment you get won't be based on saving money. You can bet the "death panels" are coming, and we are about to lose many thousands of jobs as manufacturing in America becomes a thing of the past. When will America realize it has never been Republican against Democrat, but individual against collectivist? The British National Health Service (NHS) — the epitome of socialized medicine — may be prematurely ending the lives of as many as 130,000 elderly patients annually, a top physician told the Royal Society of Medicine in London. Patrick Pullicino, a consultant neurologist for East Kent Hospitals and professor of clinical neurosciences at the University of Kent, said a controversial end-of-life care method called the Liverpool Care Pathway (LCP) now used in British hospitals has become an “assisted death pathway rather than a care pathway,” according to a report in the Daily Mail. “If we accept the Liverpool Care Pathway we accept that euthanasia is part of the standard way of dying as it is now associated with 29 per cent of NHS deaths,” Pullicino declared, referring to statistics showing that of the 450,000 annual deaths of patients under NHS care, about 130,000 are of patients who were on the LCP. The Mail offers a brief history of the LCP: The Liverpool Care Pathway was first developed at a Marie Curie [Cancer Care] hospice in the city with the intention of making the last days and hours of cancer sufferers as decent and painless as possible. It rapidly became fashionable: recognized as a model for the NHS in 2001; approved by NICE [the National Institute for Health and Clinical Excellence, which rations care on a cost-benefit basis] as a recommended practice in 2004; and a 2006 health white paper said it should be adopted across the country. Its use spread from cancer sufferers to all patients. Doctors are supposed to identify a patient who is bound to die in the near future. The plan then can include withdrawal of treatment, including the provision of water and nourishment by tube. Patients are typically heavily sedated. The LCP’s quick adoption by the NHS and NICE represented “euthanasia by the back door,” in the words of the Telegraph’s Gerald Warner. “In 2007–08,” he wrote, “16.5 percent of deaths in Britain resulted from continuous deep sedation — twice the rate of the Netherlands with its notorious culture of death and legalized euthanasia.” Since that time the percentage of deaths due to the LCP has increased by 75 percent, with no signs of slowing. Indeed, with the NHS “heading for an iceberg” (as NHS Confederation chief executive Mike Farrar put it) of unsustainable costs, the LCP death percentage is likely to grow even more rapidly. It costs far less, after all, to give a patient morphine for a day or two — death occurs on average within 33 hours of beginning the LCP — than to treat his condition for the remainder of his natural life, which could last for months or even years. Pullicino, according to the Mail, recalled taking a 71-year-old patient off the LCP, after which the man lived another 14 months, mostly at home, “at considerable cost to the NHS and the taxpayer.” (He died after being admitted to the hospital for pneumonia and put back on the LCP.) Other doctors have recounted similar experiences. Dr. Peter Hargreaves, a consultant in palliative medicine at St. Luke’s Cancer Center in Guildford, told the Telegraph in 2009 that “he had personally taken patients off the pathway who went on to live for ‘significant’ amounts of time.” Hargreaves worried that the LCP could “become a self-fulfilling prophecy” because doctors would make the determination as to which patients were likely to die and then, by withdrawing lifesaving treatment and heavily sedating them, guarantee that they would die. As Hargreaves and other experts put it in a letter to the Telegraph, “Forecasting death in an inexact science,” and “sometimes, when all but essential drugs are stopped, ‘dying’ patients get better.” In fact, Hargreaves noted, some patients may exhibit signs of dying when their bodies are merely reacting to sedation combined with dehydration and then “be wrongly put on the pathway.” Once a patient is sedated under the LCP, University of London geriatrics professor P.H. Millard told the Telegraph, “it is much harder to see that a patient is getting better.” Pullicino echoed many of these sentiments, saying that “patients are frequently put on the pathway without a proper analysis of their condition,” that “predicting death” at a specific time “is not possible scientifically,” and that, as a result, “very likely many patients who could live substantially longer are being killed by the LCP.” He cited “pressure on beds” — which is to say the inevitable shortage of care under socialized medicine — and “difficulty with nursing confused or difficult-to-manage elderly patients” as reasons that the LCP has become so widely employed by the NHS. In other words, it’s much cheaper and easier to bump old people off than to treat them. Who’s going to know which ones might have recovered and enjoyed a few more years with their children and grandchildren? No one should be surprised that government-run healthcare kills people. All socialist systems end up rationing whatever goods and services they have to offer; and when you’re rationing healthcare, the most vulnerable patients are going to suffer the most. The only surprising thing is that there are still people who think socialized medicine is a dandy idea — among them President Barack Obama, who said multiple times that he wanted a “single-payer universal healthcare program”; his Secretary of State, who once tried to foist such a system on Americans; and his former Centers for Medicare and Medicaid Services director, Dr. Donald M. Berwick, who declared his undying love for the NHS. Who, then, could doubt that ObamaCare’s purpose is to put the American healthcare system on the LCP — and when the system finally keels over, to convert the United States to a single-payer system and the “death panels” that such a system invariably entails? My link
    3 points
  35. Ok my turn: #1. The link you provided is older than the one I provided almost a month ago. #2. The official report and transcript has not been released yet. So, you have no idea who spoke and who didn't and neither do I until it is released. "World Banking & Finance Summit 2012 took place in London on 26-27 June. A summary of discussions will be available shortly." http://www.omfif.org/meetings_and_conferences/world_banking_summit (That is not the full list of speakers, just some confirmed main speakers). #3. I made it clear time and again it is an important meeting where economic policy for the next 10 years is laid out and that's it. I also admitted I had no clue if the dinar would be discussed or not. How could I? What I said was if Iraq was planning to make any changes anytime in that amount of time they lay out policy for, then it would be a topic of interest. #4. A day or two before Shabibi was scheduled to be in London he was rumored to be in Switzerland. I am not exactly sure of his travel plans because he must have found my tracking beacon I had stuck to his forehead. You'll have to forgive me, I also am not sure if he had frosted flakes or buttered toast. I slept in that morning. #4. Do you have any idea what's going on with the tariffs? Does anyone? Why would you expect that I do? We've all known they could be postponed again just like they have many times before. I can only go by what we read in print and like everything else, that is subject to change and out of our control. #5. They have have been trying to hold a successful National Meeting since January. I said look for a date announced. Did I give a date? I'm still waiting on that myself. #6. No dates ever seem to pan out but all we have to work with is what's in print. How long have you been in this? #7. You would be the master of the obvious weren't it for the fact that hindsight is 20/20 with you implying the existence of a rule to which you are the exception #8. Relax man, we're in this together. I don't pretend to have the answers. I read hundreds of articles a day and do my best to report accurately. What else can I do? Shabibi at world banking summit Mon Jun 25, 2012 6:03 am -------------------------------------------------------------------------------- THEMES The conference will be supported by sponsorship, with an audience of 100-150 expected to attend from Europe, Asia, the Americas, Africa and Oceania. Themes to be discussed at this meeting include:  Growth models for the future – driving balanced economic development  Macroeconomic policy challenges - status quo and perspectives for the world economy in mid-2012  Balancing risk and reward in financial services – sustainable pursuit of profit for a responsible industry  Highlights of banking and finance regulatory changes connected to profitability and structure amid upsurge in capital reserve requirements  Implications for world banking given the expanding role of central banks – greater government involvement and less reliance on market mechanisms  The looming internationalisation of the renminbi and changes in the global reserve currency structure  Leading the way forward - encouraging lending, improving access to capital flows and restoring consumer and investor confidence  The financial and banking climate according to creditors and debtors – a future decade perspective and potential opportunities and pitfalls SPEAKERS Speakers include international economic decision-makers; economists; academics and other leading monetary figures. By combining analysts and policy-makers from the public and private sectors in a thoughtful and illuminating fashion, the conference aims to add an extra dimension to the understanding of the global economic scene. Confirmed speakers for 2012 include:  H.E. Dr. Sinan Al Shabibi, Governor, Central Bank of Iraq  Prof. Josef Bonnici, Governor, Central Bank of Malta  Prof. Lord Desai, Chairman of the Advisory Board, OMFIF  Antoine Gosset-Grainville, Director-General, Caisse des Depôts  Gerry Grimstone, Chairman, Standard Life  Dr. Jeffrey Jaensubhakij, President (Europe), Government of Singapore Investment Corporation  Lord Lamont, former UK Chancellor of the Exchequer  Gerard Lyons, Chief Economist, Standard Chartered Bank  Peter Norman, Minister for Financial Markets, Government of Sweden  Saker Nusseibeh, Chief Executive Officer, Hermes Fund Managers  Howard Shore, Founder & Chief Executive Officer, Shore Capital  Miroslav Singer, Governor, Czech National Bank  Prof. Niels Thygesen, Emeritus Professor of Economics, University of Copenhagen  Lord Tugendhat, Select Committee on Economic Affairs, House of Lords, former Vice-President, European Commission Lets try to be a little more tolerant shall we? "Scan not a friend with a microscopic glass." -- George Harrison. Hope you have a great weekend.
    3 points
  36. What gives you the idea that Obamacare is free? NOTHING ABOUT IT IS FREE. All pay or get fined for not paying. You are perpetuating a fallacy from the Liberal talking points. If it were FREE, no one would be fined.
    3 points
  37. I really don't care who is President and unfortunately I don't think it really matters. Either side I believe is being pushed towards a certain agenda. I think we all win if we can recognize what the PTB are trying to do to us. Maybe you are right TPS, RP can get his message out and do more damage from the sidelines.
    3 points
  38. Well its 48 hours and ticking and still no sign of anything happening. I can't believe anyone is still listening to this Drake character! He contradicts himself in his recordings, has claimed this was going to happen several times in the past already, and nothing!
    3 points
  39. Scrum You remind me of those skin heads hiding out in the woods waiting to shoot the first one they see. A little over the top.
    3 points
  40. 24 hours to go... I think I'm going to turn off my alarm for the Real World in the morning and pray they don't take my Lucky Charms.
    3 points
  41. I really think something like this does really need to happen as on a daily bases, I and surely others worry about there future and their Childrens and Grandchildrens futures with all the corruption and power thirst of the elites. They will enslave us all as they somewhat already have. I believe something like this is necessary as voting people in and out will not only take to long to fix but will keep corruption sneaking back in continuously, it has to be done unfortunately with great force and very swiftly. JMHO.
    3 points
  42. superb post SWFG, Carrello, hats off to you as well for all you have brought lately. Caz, good to see ya buddy . I really like to hear well thought out, researched and informative information posted for us all to look at. I posted numerous times forever ago, thinking that things were on the cusp of happening as we all did then, but I am thrilled that you bring what you do now, and thanks for doing a yeomans job of letting us know where we stand. Thanks for all you do collectively for all of us! Rich
    3 points
  43. The ANT AND THE GRASSHOPPER This one is a little different ...... Two Different Versions ...... Two Different Morals OLD VERSION: The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter. The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away. Come winter, the ant is warm and well fed. The grasshopper has no food or shelter, so he dies out in the cold. MORAL OF THE OLD STORY: Be responsible for yourself! MODERN VERSION: The ant works hard in the withering heat and the rain all summer long, building his house and laying up supplies for the winter. The grasshopper thinks the ant is a fool and laughs and dances and plays the summer away. Come winter, the shivering grasshopper calls a press conference and demands to know why the ant should be allowed to be warm and well fed while he is cold and starving. CBS, NBC , PBS, CNN and ABC show up to provide pictures of the shivering grasshopper next to a video of the ant in his comfortable home with a table filled with food. America is stunned by the sharp contrast. How can this be, that in a country of such wealth, this poor grasshopper is allowed to suffer so? Kermit the Frog appears on Oprah with the grasshopper and everybody cries when they sing, 'It's Not Easy Being Green..' ACORN stages a demonstration in front of the ant's house where the news stations film the group singing, We shall overcome. Then Rev. Jeremiah Wright has the group kneel down to pray for the grasshopper's sake. President Obama condemns the ant and blames President Bush, President Reagan, Christopher Columbus, and the Pope for the grasshopper's plight. Nancy Pelosi & Harry Reid exclaim in an interview with Larry King that the ant has gotten rich off the back of the grasshopper, and both call for an immediate tax hike on the ant to make him pay his fair share. Finally, the EEOC drafts the Economic Equity & Anti-Grasshopper Act retroactive to the beginning of the summer. The ant is fined for failing to hire a proportionate number of green bugs and, having nothing left to pay his retroactive taxes, his home is confiscated by the Government Green Czar and given to the grasshopper. The story ends as we see the grasshopper and his free-loading friends finishing up the last bits of the ant's food while the government house he is in, which, as you recall, just happens to be the ant's old house, crumbles around them because the grasshopper doesn't maintain it. The ant has disappeared in the snow, never to be seen again. The grasshopper is found dead in a drug related incident, and the house, now abandoned, is taken over by a gang of spiders who terrorize and ramshackle the once prosperous and peaceful neighborhood. The entire Nation collapses bringing the rest of the free world with it. MORAL OF THE STORY: Be careful how you vote in 2012 I believe that you are an ant! You may wish to pass this on to other ants, but don't bother sending it on to any grasshoppers because they wouldn't understand it anyway.
    3 points
  44. This type article hurts my brain Now this is where the lop, no lop, debates start again. This article can be read both ways, and hopefully the ongoing disputes won't get too far out of hand! Time will tell, and we are all in this together. Be positive, but stay grounded, as anything can, and probably will happen in Iraq!!! Go RV!!!
    3 points
  45. "buy the rumor, sell the news" And this is what everyone is doing. These guys sell Dinar by spreading rumors. They create the hype and have been successful doing it for eight long years. So far, there has been no news to sell. Anyone holding Dinar cannot make money on IQD until there is news. The only people that have made money, are those spreading the rumors. So the phrase for IQD investors is "buy the rumor". There hasn't been and doesn't look like any news in the near future to sell.
    3 points
  46. LOL! Wow these "christians" are sumthin else huh? Funny they never bat an eye when For instance the westboro baptist freaks protest dead soldiers funerals and get attacked, nooooo, not one word,,,because heckling an AMERICAN christian fallen soldier is wrrrrooooonnnnggg, but oh no, since they're muslims in this case, shoot, heckle away, after all it is "free speech". Lol! These ignorant bigots got whats coming to them. simple as that. <br /><br /><br />Ummm, ya equality and a right to not be harassed by christian fundie zealots is "evilness" ?? Lol! Gimme a break. Can you actually point out any lies there "learning", or are you simply throwing stones (no pun) because more disappointing facts just went over your head? I don't think you have to worry about Tiff or any other rational person treading on "your" America any time soon there "learning", I don't think they really want to devolve in the presence of "Americans" like you. <br /><br /><br />OMG! Do my eyes deceive me? Another rational non fundie here at DV? Where have you guys been hiding? Great post my friend. <br /><br /><br />Funny how you get pluses here at DV for joking about blowing up muslims.
    3 points
  47. I reject the "Freedom of Speech" argument in this case! I have always had a problem with missionaries who think it is not only their right, but their duty to spread their version of the "Truth". But in this case, these folks were not "sharing the Word", they were PROTESTING AGAINST ISLAM!! You don't think a fight would break out if several Muslims walked into an Easter service and started shouting passages from the Koran? I feel strongly that this situation is similar to shouting "FIRE" in a theater. Or "fighting words" as is now accepted by our judicial system, and for good reason. Christians do NOT have a monopoly on the truth, but I'll ask you within the context of the more gentle and kind teachings in the New Testament, were actions of the protesters something Christ would have done? In my opinion, No One has the right to go anywhere they like and shout religious doctrine. It kills me that people feel the need to have everyone else believe the same as they do. I just don't get it. Faith should be a personal experience, not a public event. And a "State Religion" is a crime against humanity. Bring on the Negs. Peace and Prosperity anyways
    3 points
  48. Yep....use their children to attack what they dont like. Next step, strap bombs on them, and shoot at the infidel from behind women and the walls of their mosque
    3 points
  49. I guess he missed your question. I saw you have been here since 2009 and only have 14 posts and a neutral rating. I thought I'd give you a +1 so you have one...
    3 points
  50. +1 from me too Have a great weekend everyone
    2 points


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