omg

Maliki was fined 10,000 dinars yesterday by the courts for the delay in the census. Seems weird that the courts would fine him $8.50 for this.......kind of makes you think this fine may go into effect after the rv........dont you think???

WELL PUT JUGDAWG1.....his status is SENIOR MEMBER...it sure would b nice if he acted like one instead of a assclown....with people like him on hear its hard for anybody to post anything and not get some neg feedback from his type,,,,

LMAO Thanks i needed a guuuuuuuuud laugh........

well the way i c it is that each note will hold its face value, for what ever amount of time they put on exchanging the 000 notes....if they put a time frame at all....do you know anybody with a new 25 dinar note ? when rv happens everybody or almost everybody will cash in their 000 notes, thats what they want so they can take them out of curculation,,,might not be right ,,but thats what i think,,,just an opinion... As for you hspotman your point is well taken,,,SEVERAL TIMES...i see your status as a SENIOR MEMBER,,,let put a lil effort into acting like one instead of findding fault in everbodys post...thanks for your words of wisdom,,,LMAO

Thanks dumbnar......

no worries, didnt phase me a bit, we r yall in the same boat...ill try to get it right next time for the sensative people.......

1st off i didnt say i wrote . nor did i try to take credit for it. i read it and thought it was worth passing on for info, thats whats wrong with the whole situation, you cant even pass on info that people may not have seen yet.. i thought thats what this was for,,keeping up with what is being sayed and pass it on...anyway make of it what u want...

IF YOU NOTICE THE DATE ON THE SECOND ARTICLE IS FEB 6, 2010 THIS SHOWS YOU THAT THIS WAS THEIR PLAN ALL ALONG DUE TO THE STATEMENT BELOW Salih said by the end of 2010 the new banknotes will be fully introduced while the old banknotes will be gradually removed from circulation. He did not specify when the new notes would be issued. Both will be legal tender in Iraq until the old notes are completely withdrawn.

Posted Today, 07:07 AM I need to clarify this to help eliminate all of the concerns. This was the goal for quite awhile (2006). This was being studied in the past but never put into place. Take a look at this Reconstruction Funding Sources and Uses Guide. <-- Rebuilding a country is complicated. About SIGIR The Office of the Special Inspector General for Iraq Reconstruction (SIGIR) is the successor to the Coalition Provisional Authority Office of Inspector General (CPA-IG). SIGIR was created in October 2004 by a congressional amendment to Public Law 108-106 (55KB PDF), triggered by the June 28, 2004, dissolution of the CPA. Ministry of Finance and the CBI: “The Ministry of Finance together with the Central Bank are studying a proposal to raise the value of the Iraqi dinar in order to return it to previous levels where one Iraqi dinar was valued at 3.33 US dollars.” Further elaboration on the plan that was being worked on was also given in the same article: “A statement by B.J. AL Zubaidi, the Minister of Finance, in which he said that he had suggested to the Chairman of the Central Bank, Dr. Sinan AL Shibibi, that three zeros be taken from the Iraqi Dinar in order to raise its value so that one Dinar be equal to a Dollar.” Another key part is that this month that the International Monetary Fund (IMF) has renewed its call for Iraq to clear its outstanding debts. This is a huge sign and indicator of the movement of the IQD value. Here is a quote: “The CBI believes that the Iraq’s economic development is held back by they country’s debts,” Mr. Saleh said. Do you recall on our conference all the other day the mention of the Paris Convention? Reported in the AKnews the following was stated: The CBI announced that it cleared 90% of its internal debts with traders and private companies, according to the Paris Convention, through which Iraq fulfilled its obligations to the entire private sector, freeing the country from a significant part of the restrictions placed upon it. Now this gets even better for all of us. On November 22 this article surfaced: IMF Dissatisfied with Iraq’s Monetary Policy The International Monetary Fund (IMF) has cited Iraq’s monetary policy as the reason for turning down an Iraqi request for a loan package to reduce its 2011 budget deficit, an advisor to the Iraqi government said on Sunday. (deficit of $11.99 billion) <--Iraq relies on the OPEC member’s oil revenues to finance about 95 percent of its budget which still needs parliamentary approval. So do you now see the important of all of these oil contracts being sign quickly. AKnews reports that despite the IMF’s rejection, talks between Iraq and the fund continue. “The IMF… is not satisfied with the current Iraqi financial policy and has urged the government to make extensive changes”, said Abd Hussein al-Jaberi, a member of the board of advisors to the Council of Ministers. The IMF has reportedly called for: ◦changes at the level of the spending; ◦reduction of inflation; ◦a plan to encourage the private sector; and, ◦a plan to address employment levels in governmental departments. The Iraqi Finance Ministry called on the Ministry of Industry and Minerals to work on transforming its subsidiaries into self-financing companies in order to cover the expenses of its employees. The Ministry of Planning and Development has said there is a huge workforce in governmental departments. “Iraq has promised the IMF to address the monetary issues”, said al-Jaberi, “but talks are still underway between the two sides to come up with solutions”. The Iraqi Finance Ministry announced last month the finalization of Iraq’s 2011 draft budget, the majority of which has been devoted to investment. The 2011 budget amounts to US$86.4 billion, up from around US$72 billion last year. Ok, so you want more proof ..... Lets talk about the Ministry of Planning (MOF). MOF Amended Exchange Rate Document 1. It is necessary to put central controls to amend the official exchange rate * to reflect the shadow price of the foreign currency, and that is considered one of the necessary requirements to implement the net discounted present value standard and the internal return rate on investment in the economic calculation stated in the instructions, paragraph nine. (* What is meant by exchange rate: the number of units of foreign currency, expressed in dollar per one dinar.) 2. Justifications for exchange-rate adjustment: there are a number of important and powerful arguments which support the view that the official exchange rate reduces the real value of foreign currency for purposes of calculating the economic national profitability for investment projects and hence for the purposes of investment planning. It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods of exports, substitute imports and imports... etc. 3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities. (Recommended by the UN regarding Chapter 7 guidelines) I have just connected so many dots for by hard facts that I hope you can now take a deep breath and just let this play out. Iraq Planning Currency Redenomination Iraqi dinars are stacked at a teller's window in a Najaf bank. Iraqi dinars are stacked at a teller's window in a Najaf bank. February 06, 2010 BAGHDAD -- The Iraqi Central Bank is planning to redenominate the national currency in an effort to ease transactions and allow people to carry less paper money, RFE/RL's Radio Free Iraq (RFI) reports. Mudhhir Muhammad Salih, a member of a Central Bank advisory panel, told RFI that a plan has been made to remove three zeros from the currency and phase out the current banknotes late this year. Salih said by the end of 2010 the new banknotes will be fully introduced while the old banknotes will be gradually removed from circulation. He did not specify when the new notes would be issued. Both will be legal tender in Iraq until the old notes are completely withdrawn. Iraqi officials have had a long-running plan to redenominate the Iraqi dinar. In 2006, the Finance Ministry recommended to the Central Bank that it carry out such a plan. Salih pointed out that banks are having a hard time accepting cash savings and deposits, but by dropping the zeros it will make it easier for both the banks to deal with their customers and for the general public to carry money. He said some 80 percent of Iraq's money supply is cash in circulation. Salih added that in 1990 the value of banknotes in circulation was about 25 billion Iraqi dinars but is currently some 25 trillion dinars. Economic analyst Hilal al-Tahhan told RFI that the bank's move is overdue. He said he expects the currency change to go smoothly because of the decision to allow both the old and new banknotes to coexist, leading to less turbulence in the economy. The current exchange rate is 1,167 Iraqi dinars to the U.S. dollar.

the following link is realy helpfull in answering most of your dinar questions,,,hope it helps some people,, http://www.dinarprofits.com/buy_iraqi_dinars/is_it_legal/

Is it Legal for US Citizens to Buy Iraqi Dinars? By Asheley Walker (CEO) Presidential Order 13303, issued on May 28, 2003 by George W. Bush, provides U.S. citizens with the same rights to investments as Iraqi citizens. The order removed preexisting sanctions on investments in Iraq as they applied to the Development Fund for Iraq. Similarly, Coalition Provisional Authority (CPA) Order #39, issued in September 2003, gave foreign investors (meaning anyone other than an Iraqi citizen) the right make foreign investments in Iraqi on terms no less favorable than those available to Iraqi citizens and prevented any limitations on the amount of foreign participation. These two orders recognized the importance of foreign investment in aiding Iraq's political and economic recovery. Without outside assistance, it is unlikely that the country would be able to make significant improvements in infrastructure, harness the potential of its abundant natural resources, and develop an economy worthy of participation in the global market place. While Presidential Order 13303 and CPA Order #39 obviously apply to the establishment of businesses in Iraq, they are also the authority for investment in Iraqi currency. Until the end of 2008, it was even possible for U.S. citizens and legal residents to purchase dinars at U.S. banks. Most major U.S. banks stopped buying and selling the dinar as a result of the fact that the Iraqi dinar is a thinly traded currency that does not lend itself to the typical bank's business model. In order to make money, most banks charge a small fee for a large number of transactions. The Iraqi dinar is not traded in large quantities so it was difficult to make enough money to justify the costs and risks associated with buying and selling the Iraqi dinar. Fortunately, U.S. citizens are able to purchase their dinars from various money service businesses, including OdioWorks, LLC, the most reputable and trusted source for Iraqi dinars. Before you decide to buy dinars, be sure to review the following articles:

its goes on to say that they were not prodcating the truth about the iraqi people,,,,and causing problems..thats y they r shutting them down...

ok the pic with the #'s on they are telling me its just a list of names and positions that are under maliki,,,the one to the right with the letter head is a tv station and the letter is saying that they cannot prodcast anymore in iraq and they are making them close all their offices and evrything.....

ill find out ...im in egypt right now and ill get somebody to read it

im in egypt right now,,,iv been working here 7 yrs now.... on a rotaion that is...but friday is to them as sunday is to the people in the states...sunday is the beginning of the work week and it ends on thursday afternoon,,,but still in all they prey 5 times a day 7 days a week,,,

break it down 4 him duscajun...lol...

FXLookup Results Code Currency Name Country Format Decimal Points Currency Regime Major Unit Minor Unit Equivalence IQD Iraqi Dinar Iraq ID 3 US-$ (0.3109) dinar fils 1000 fils = dinar if you divide 1 by .3109 you get $3.21646832 or $3.22.....maybe this is the rate that will show up on forex when it goes live?? They show the fils as the minor currency and they show that one dinar equals .3109 u.s. dollars or $3.22

yea i have heard that 2,,,but like i sayed they better do it when iraq does ,,,because if they dont eveybody who made money on the iraqi rv will double dip...and veitnam cant afford that

[ well they better rv when iraq does,,because if they dont rv at the same time and make their money worth something now,,,then their country will be bought up.... they cant afford that....

The dinar you turn in goes into our federal reserve because they are the ones exchanging it for dollars. The dinars will then be used to buy oil at a discounted price. The U.S. makes money off the oil and Iraq makes money off the sell of the oil. So everyone stands to make money off of this exchange. The dinars are not being sent back to iraq....at least most of them are not. So the impact of them rv'ing their money is not so bad on them.

Our money will be turned in to our federal reserve. They will use it to buy oil at the $42 per barrel price that they have negotiated. It costs Iraq $6 per barrell to produce....so both the U.S. and Iraq make money off the deal.

their new year starts dec 1..not jan 1 like the states

30 day

what a joke,,i can see something like a 30 min and a 6 month max... as for 7 days (never )