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stlou

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Everything posted by stlou

  1. Mailman, in my opinion, is absolutely correct. the mere fact that Abadi the PM has been working WITH, read that, WITH parliament is astounding. the laws that have been on the agenda for parliament coincide with something big about to happen. read them. Investment laws, waiving of taxes/fees for outside companies investing, and most recently, the CBI working with parliament. Maliki has been a thorn for everyone. no one wanted him at the helm because he is corrupt. everyone knows that. and he would steal anything and everything he could if he was in control. that is why the Saudis told Obama they would not support any attack on ISIS until Maliki was removed from power. now they are on board. this meeting between CBI and the head of parliament isn't just a "how do you do" meeting. it was focused on CBI telling the parliament just exactly what they needed in order to proceed with the removal of the zeros. laws that have to be passed. I do believe CBI feels the government is "formed" and "stable", but they need laws passed in order to move forward. what you haven't seen lately is a lack of quorum in parliament. that means they are working, and feverishly in order to get this done before the 1st of October. Go back in your notes. Jack Lew said months ago that the economy here will rebound in the fourth quarter. when does that begin? October 1. what you have seen in the news is that Isis lops off heads. true. what haven't you heard lately? have they taken any cities, towns, villages lately? no. because they are being pushed back and hard by our guys, the peshmerga, and the Iraqis themselves./
  2. If the Feds have now the authority to pay off debt using foreign currency reserves (hence the debt swap), then would it not seem logical to use dinar once it revalues? it would seem not wise to do it prior to a revalue, but after a revalue. then you would not be using as much of your reserves .. just food for thought here also one other thing... why the interest in using foreign reserves in debt swap now? Unless you are holding something else that no one else knows about...
  3. the article mailman is referring to DID come out a couple of months ago. it was prior to he and I leaving Med's so called site, which now is a graveyard.
  4. it could also mean that they will not remove the 3-zero notes from the current circulation. maybe that they will co-exist with the new denoms for a period of time. we have heard that from them before.
  5. if all of you remember, they always stated that the process to delete the zeros from the currency would be a 2 yr process..hence the ending date of 2015. now, as for the vote, it was the vote on the time period to accept the high zero notes for exchange, because as we know news in Iraq travels at the speed of camel dung. so..yes, the end of the "cycle" is 2015. simply meaning the end of the time period to accept the higher denoms. it is good news folks..
  6. if that were true... 1. many countries that hold the higher denoms will be majorly p-o'd 2. it will not make the paris club very happy 3. it will not help in the overall scheme of global reset.
  7. the main leaders Hakim (Supreme council), Mutlaq (former Deputy PM - Kurds), Najafi (Head of Parliament), Sadr, Allawi, and Maliki are supposed to have a meeting on the security situation tomorrow. Time will tell if maliki shows up, and if they actually agree on something.
  8. i would like to point out that it was Bush who allowed us to get involved in buying dinar to begin with. not bad for a guy with the intelligence you implied here.
  9. however, last years budget was 119 billion in USD. with that said, this budget, if the current rate held, would only be 117 billion USD. How can they claim it will be the largest in the history of Iraq?
  10. this is the way the pope is elected. as a successor to Peter, the remaining "Princes" of the church each cast their vote as to whom will lead the catholic church. it was the same in the bible. when the disciples needed to replace Judas Iscariot (who betrayed Jesus), they cast their ballots as well..and they were the original princes of the church. and we do have something similar..it's called the electoral college
  11. The first payment on their IMF loan is due on or around the 23rd of May.
  12. Don't get too excited. This is from the State of Law..who tend to lie everytime they open their mouths
  13. Part of this is true. Iraq will NOT get the dinars we hold. Instead, they will be gathered/collected/cashed in at our local banks (or whomever you decide) and will be eventually sent to the US Treasury, where they will be held as foreign reserves by the US Government. Remember, Iraq has stated (via Shabibi) that the dinar will be eventually used as a "reserve" currency. Over here, that would pertain to foreign reserves, which, in turn, will strengthen the value of the USD. it also will be used (the higher denoms), for inter-bank transfers.
  14. I'm a little confused by your dates. the "10th year" would mean you've been in this since 2002. The US didn't invade until 2003..and the current denoms came out later..
  15. I noticed a coupld of things here.. 1. They did not say the sale of dinars was a scam. very important 2. They indicated people weren't getting their dinars from these so-called dealers
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