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jcfrag

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Everything posted by jcfrag

  1. These guys are incredibly ignorant... Even the opossum, known as an animal surviving by instinct does better then these nutty yahoos!!!!!
  2. When exactly was the "White Papers" Policy initiated? I do so hope Maliki gets flushed down the toilet just like Osama Bin Laden was! Demands to revaluate the dinar, the government responds https://shafaq.com/en/Report/Demands-to-revaluate-the-dinar-the-government-responds 2021-11-12 14:16 Shafaq News / Devaluating the Iraqi dinar in the 2021 budget has stirred the discontent of the public, and economic and financial experts alike. In spite of the warnings from its negative economic and social reverberations, the Iraqi Ministry of Finance ascribes it a breakthrough amid a stifling economic crisis that has struck the country. Last December, the Central Bank of Iraq (CBI) opted to raise the exchange rate of the U.S. dollar from 1,182 dinars to 1,460 dinars to alleviate the ramifications of the plummeting oil revenues, bringing down the value of the Iraqi national currency and the purchasing power immediately. As oil prices gradually climbed beyond the 80 dollars a barrel threshold, citizens and economists voiced demands to revaluate the dinar in next year's budget or mitigate the impact of its devaluation on the community. "The rise is an outcome of a white paper that organizes the process over three to five years. They deem it a part of the economic reform process for the financial situation and banks," economist Bassem Jamil Antoine told Shafaq News agency, "the state cannot change its currency. Still, real reform that serves the poor classes is essential." “The currency rate is not as vital as compensation for the poor classes, which constitute the bulk of the population; social welfare, ration card availability, and job development are all critical," he said, "unemployment and poverty rates skyrocketed due to lack of job opportunities in the public sector. On the other hand, the private sector is frozen and unable to function properly." "The recovery of oil prices must compensate for the people, address the deficit, and provide job opportunities for unemployed youth. This will reinvigorate the market, put an end to corruption, and activate the private sector," he said. Gradual Revaluation Economist Dhurgham Mohamed Ali said that revaluating the dinar shall be contingent upon several factors, "The exchange rate of the dollar should be gradually reduced to 1,300 dinars while keeping an eye on the cash transactions to preclude creating a black market, dollar smuggling, and tighten the control over imports." "The outcomes of the devaluation were detrimental. The inflation rates grew, poverty rates soared, while development rates remained static and foreign currency smuggling exacerbated," Ali added. Neglecting the private sector "The government has not contributed to reducing the poverty gap and unemployment after raising the dollar rates that inflicted all the strata of society," trader Amir Mohammed al-Hasani told Shafaq News agency, "Its concern was how to pay the salaries of officials and ministers without considering the negative aspects of the devaluation." "The government should have combated the widespread corruption in the Iraqi state, revived the private sector by eliminating the obstacles hindering its growth and activating laws that would provide support and protection to this important sector," al-Hasani said. "The rise in the dollar has hurt us as foodstuff prices have risen to more than 30% despite the steady salaries we earn," Hussein al-Khafaji, an employee of the Ministry of Education, told Shafaq News agency. "My salary ends by the middle of the month, forcing me to look for another job to meet the needs of the family," he said, calling on the government to revaluate the dinar. For its part, a government source told Shafaq News agency that the dollar rates will remain unchanged in the fiscal year 2022. "There is no change or incident that causes the exchange rate to change," the source said, adding, "the Ministry of Finance has confirmed this." "Over the previous nine months, the ministry has constantly followed the indicators of devaluation against the dollar," the Ministry of Finance stated on October 5, 2021. The exchange rate alteration has contributed to a rise in the Central Bank's foreign reserves to 60 billion dollars in April 2021, up from 54 billion dollars in December 2020. According to the Finance Ministry, the currency rate shift also helped "reduce the demand for foreign currency, lower the dependence on imports, and enhance local production." "In the context of the crisis, there has been a clear recovery in corporate activity in the last nine months of this year," the Finance Ministry stated. According to the ministry, it is working to "reinvest the revenues of the funds achieved to build a target production base outside the oil sector and rely on other sectors, which will contribute to the decline in demand for the dollar as a result of compensating some of the goods produced." Since the current government's formation, the ministry has adopted plans and mechanisms to reform Iraq's fiscal policy, culminated in adopting the "White Paper", which outlined future economic and financial policy steps to promote domestic production and reduce imports for the country.
  3. Not only does Malarki look like a mob boss, but he is a MOB BOSS.. Why would anyone have any respect for him and his boys.....
  4. For the life of me, I can not believe “Tator” is still being the meanest, greediest, non Iraqi in all the land and is still not in prison or dead…. Oh wait… this story sounds remarkably familiar…. kind of like our nutty assed American pres supposedly acting on behalf of all Americans, fracking us with every step of his way….. 😂🤣😂
  5. They are dumber then arock it they think anyone is going to put anymore money into their country. Here we are back where we were right before ISIS hit. Complete with Maliki and Iran threatening to climb back in the saddle and run Iraq till their is nothing left to give again. Plus this time we don’t have Trump and Mad Dog at the helm to drive them all back under their rocks they all crawled out from under…. 🤬
  6. I'm starting to re-imagine the US in the New World Order as a third world country. I am quiet certain they will not be happy until the rug has completely been pulled out from under us.... and it is our own US citizens doing this to us. The rich to gain more power and the not so rich for money. A lot of people hate Biden, I hate Mark Miley. I would put money on it that he is putting illegal aliens in the US Armed forces as he knows US soldiers will not fire upon American citizens. But you give some people 3 squares, a great monthly paycheck, and clean linens on a bed ever night and they will do what you ask of them to do.
  7. Although I must confess, this certainly does not sound very brotherly or Martyr like.... In fact it sounds an awful lot like Iran just took over Iraq again.... No wonder the US Government is very happy to comply. They seem to love doing business with Iran, Russia, and Venezuela.... "He added, "That government can go ahead and continue with certainty," noting that "any coup in Iraq will not happen with the presence of the supreme authority, Ali al-Sistani and the Popular Mobilization."
  8. The corrupt rarely have any vision of what can be. And they often die with a bunch shite they can’t even take to hell with them…. 🤣🤣🤣
  9. I’m hoping we can get all republicans (no RINOs) put into place in Nov.! It won’t fix everything, but it might stop the hemorrhaging….. With 30 Democratic Senators retiring this year, I’m thinking even the moderate Democratic Senators are hoping and praying Congress can get back on track and go back to work for America. Screw Iran, China, and the Ukraine. With Pelosi, Jill, and Bono with Edge all running for the Ukraine, it must not be too big of a threat if all the women visiting!
  10. The fact the UN keeps insisting they get this ironed out once and for all speaks volumes. It seems to be key to Iraq actually moving forward. You have to admit that Iraq was moving mountains and kicking arse when Kazami first hit the scene. Even he is twiddling his thumbs now waiting on Sadr to clean up on isle 9 and the UN to convince Kurdistan to get off their High Horse!. We already know if Kazami has anything to do with it on his part, it will get done!
  11. KOOKY ZUCKY is the rat that works with Gates, Soros, and the Abella Advisors. He is not getting involved in Iraq for no reason. We can only assume he wants to also try to destroy Iraq to take over their oil.... Evilness with a capitol E!
  12. I want to say "What a bunch of idiots! When are they ever going to get rid of Maliki and Iraq's inability to move forward into the 21st Century?". But then I look at America and wonder "When are we ever going to get rid of Brandon and his side kick Kamala?" The Geriatric/White house looks kind of like The Walking Dead TV show starring Brandon, Kamala, Pelosi, Nadar, and Shifty
  13. I have never seen them talk about the exchange rate as much as they are this time around. So why in the world are they still talking about it? What a bunch of dingle berries hanging off the very arses of their constituents…. 😡
  14. It sure reads like it! Estimates this year with an actual count starting end of 2022. With everything going on right now, I’m thinking they are not thinking of waiting till the end of 2022 to kick Iraq into the bright lights!
  15. Tater Head is all talk. His greatest contributions to Iraq will forever be written in the books of history as "The Rapist"! The man raped the Iraqi people of over 800 billion dollars, 50,000 ghost troops getting paid to soldier (that never existed), and ISIS moving in with him to help run the country..... He will never be considered a leader, he is nothing more then a puppet for the Iranians.
  16. I went to the Dollar Tree Store last week and everything there is now $1.25! Does that mean inflation is up 25%?? 😂🤣
  17. I have never seen such despicable self serving arses in my life. How embarrassing for him to call himself Pres of the US. I know I never will…. 😡
  18. I certainly pray you are right as we have seen in the past, people like Maliki do what ever they want. As best I can tell the Dems seem to be untouchable. Ranchers down on the Texas border don’t even want to leave their house for fear of finding another dead body on their lands. Do you realize just how difficult it is going to be to capture all of the released prisoners and illegal aliens to return them to their respected space. If nothing is done soon we are going to be over ran with the whole friggon world in our country. I cannot even convey to you just how much I hate these thoughtless fools squatting in the White House right now. There has never been a bigger threat to our country then that old fossil napping in the White House right now…
  19. Well slap me silly! I cudda swore the swamp rats/ deep state had literally just hijacked the election of 2020 by creating a silly little pandemic called COVID so they could make last minute adjustments to the way in which voters were deemed legal, and then claim a victory in the wee hours of the morning of Nov 4th...when the polls were all supposed to be closed, officially..... Then once the deep state took over and slyly opened up the borders of America to allow ISIS in our own Southern front doors, you think this is going to play how this time???? I'm pretty sure the deep state has never been more in control illegally then they are right now! I can hardly wait to see how this all comes back to shite on us once again!!!!
  20. The last time we left Iraq ISIS moved in....... 2014 was supposed to be the RV year. Instead it turned out to be a really great killing year for ISIS...... 😐
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