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Posts posted by Butifldrm
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Qman, are you related to Possum? Just kidding, a good story. lol
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The way things are going in with our economy, looks like for most in the cabinet, this is probably their first paying job!
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I like them all Qman. Thanks
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Hey Mongo I don't agree with your statement totally However I respect your opinion. I for one am no scholar when it comes to debating the Constitution on what party is taking us away from its orginal meaning. But I do know that slavery was out when we had good people white and black to step outside of the box and felt it was wrong. This country was built on the minds of several people with different thoughts and ideas that made this country great. Since I am a follower of Jesus who have no respect of person' date=' nor party aff.., America will surely fail if we don't return to God.
M .....I agree
I, myself, believe in God first and the God given rights of Love, Life, Liberty and the pursuit of happiness, which has to include freedom from taxation. Now, as I watch our liberal government take away all of our God given rights and destroy the great Constitution of this country, I feel it is time to speak up and voice an opinion to preserve what has made this country the greatest country in the world. I appreciate everything Adam is doing for us. I know I must pay tax, but I would like to pay the least amount of tax legally possible, to help preserve at least one of our Constitutional rights. As a VIP member I say thank you Adam.
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Wow, that's a heck of a sign! Wish it were true.
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Adam, thank you very much. Looking forward to information on your investment ideas.
Lori
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Very interesting post. but on the flip side maybe this is a good sign for the RV. Once the Dinar is an international currency, all transactions could be done electronically no need for couriers . Just a thought. Go RV
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I am excited to see what Adam has put together for investment portfolios. I was origionally looking into tax deferred municipal bonds which can pay up to 5% interest tax deferred, but a no risk 8% return also sounds great. Here is some info on tax municipal bonds.
http://www.irs.gov/taxexemptbond/index.html
http://personal.fidelity.com/product...axexempt.shtml
Lori
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I love stories like this. Thanks
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Hope there are no more snafoooos, I am ready to get on with this and get some closure. My guess there will be another delay and who knows what it will be the next time! lol I am not thinking negatively, just hate to be dissapointed again.
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Thanks Sunglass, I had forgotten the new Dinar chatroom address.
Lori
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As far as I can tell, the higher the RV, the more money we make and consequently the more money the IRS makes. now I do believe the IRS might be making plans on how to capture capital gains up front, hopefully time will tell. Just my thought.
Have a great day!
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Found this looking at GAN exchange rate.
IMF: Iraq economy achieves substantial progress
Posted by Reda Darwish
Monday, 01 March 2010 18:13
The Executive Board of the International Monetary Fund (IMF) concluded a consultation with Iraq and discussed with officials the country's economic developments and policies.
Global Arab Network has received a copy of IMF Consultation Statement with Iraq. According to this statement, IMF has been closely engaged with Iraq since 2003. Initial work focused on providing policy advice, mainly on monetary and fiscal policies, and technical assistance to rebuild essential economic institutions. In September 2004, the Fund approved Emergency Post Conflict Assistance for Iraq, which—in combination with a debt sustainability analysis—paved the way for an agreement with Paris Club creditors. Since then, Iraq successfully completed two precautionary Stand-By Arrangements whose main objectives were to achieve macroeconomic stability; promote growth; and continue the process of structural reforms.
Substantial progress has been made since 2003, despite the difficult security situation. Inflation has been reduced to single digits, the international reserves position has improved markedly, and direct fuel subsidies were eliminated, while the pension system was put on a sustainable footing, which created room for priority spending on investment and the social sectors. Several steps have also been taken to strengthen public financial management, improve transparency in the oil sector, and rebuild capacity at the central bank, and the authorities have initiated the restructuring of the two largest state-owned banks. In addition, important advances have been made in attaining long-term debt sustainability. In 2004, Paris Club creditors agreed to reduce Iraq’s external debt by 80 percent in net present value terms. Also, bilateral debt agreements with several non-Paris Club creditors have been concluded, although this process is yet to be completed.
Iraq’s economic performance was strong in 2008, aided by record oil prices and improved security. Oil production rose to 2.3 million barrels per day (mbpd), the highest level since 2003. As a result, real GDP is estimated to have grown by 9
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Geeez, 3.22 This must be where my intel got there intel from!
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Here Here!
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expert opinion
Hi skelly hope you are doing good.
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Could be true, but I hope all of these statements coming out of Iraq are not some political ploy because the elections are so close. Hey still think it's good news they are publicly speaking about a revaluation!
Have a great day!
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tabi, today or the 28th is suppose to be Prophet's Day.
Have a great day!
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Thanks for sharing, it's all good. I hope what you are sharing is the key to the rv and not just the redenomination. Either way, thanks for the post.
Have a great day!
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Hello,
Did I miss something? Or is this not the news you were talking about, Not bashing just think it's about the election.
Disable the official working hours from 4 to 8 March to facilitate the holding of elections .. State of alert and preparedness in Baghdad starting next Sunday.
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Ennorste, I was just thinking, everyone is focussing on the new denomination of the Dinar, but how is every shop keeper, every business going to readjust their costs and dprices of goods, when this all goes down? This whole phenomena is going to be mind boggeling if the Iraqi government can pull this off. I think it will take more than just a day to redemominate and/or RV. Just food for thought. I know the RV is going to happen, the mass communication and adjustments in concert are going to be extraordinary.
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davidsto
I think Iraqi work week actually starts on our Saturday night and ends our Thursday night, so therefore from your analysis which is good, the RV should be on our Saturday night.
I really don't care what day it happens on. I wanted it yesterday, but what ever day it does happen on will be a great day!
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Adam, thanks for being so level headed. I value your input greatly.
Have a great day!
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The following was seen on xe.com this morning.
Live rates at 2010.02.22 22:25:54 UTC
Notice: IQD will be redenominated by the end of 2010. More on the Iraqi Dinar
1.00 IQD = 0.000856531 USD
Iraq Dinars United States Dollars
1 IQD = 0.000856531 USD 1 USD = 1,167.50 IQD
Trade Currencies. Click here!!
The Iraqi Dinar is the currency of Iraq. The currency code for Dinars is IQD, and the currency symbol is د.ع . Below, you'll find Iraqi Dinar rates, a currency converter, Iraqi Dinar News and more. You can also subscribe to our currency newsletters with daily rates and analysis, or take IQD rates on the go with our XE Mobile apps for your iPhone, BlackBerry, or even your regular phone.
The Central Bank of Iraq has announced their plans to redenominate the Iraqi Dinar to ease cash transactions. By the end of 2010, they intend to drop three zeros from the nominal value of bank notes. It should be noted that the actual value of the dinar will remain unchanged. That means that 1,000 IQD (pre-redenomination) and 1 dinar (post-redenomination) will both be worth the same amount in US Dollars. As stated by the Central Bank of Iraq, their mandate is to "ensure domestic price stability and foster a stable competitive market based financial system." For more information about the redenomination, read "Iraq plans to slice three zeros off currency notes."
Have a great day
A beautifull message to our Country!
in Off Topic posts
Posted
That was so beautiful and so very true. Thank you