BanG

NICE!!! Finally a linked News article about some part of Iraq lol. Good find and good read. JMO. Peace.

Politics are vicious in the US........... lol as one can see by the Negative ratings flying back and forth. choosing a political leader is so difficult here as they all promise the same and deliver the same NOTHING....lol. The power is in the Congress and Senate, we really need to focus on their doings as well IMO. Peace.

Sadly this seems to be a continual pain lol. As of today, US troops are not allowed to Export, Profit from or take the Dinar out of Iraq. You can easily dispel this rumor by doing a Google search on this topic. I wish this were true as we would all be pumped! I would add you may have just answered your own rumor. Do you think 50 thousand Soldiers could keep this a big secret? lol..... NOT. Hope I have helped you. Peace.

I'm the person who moved this, the link for a title and the content here in was borderline IMO. Peace.

Another wonderful Post............ lol. This has been posted probably 50 times. It is doing nothing for the DV community but upsetting people.

This link is validated as it works and is dated June 4th. Google Chrome browser works fine with posted link. JMO. Peace.

Mods are working on this issue. As to this post some of you have to conduct some research too.1. Soldiers in Iraq are not allowed to own or profit from the Dinar in country they cannot export Iraqi currency it must be returned prior to leaving. The dollar is still the boss in Iraq anyway. 2. Do you really think 50 thousand US soldiers can keep such a secret? NO. Peace.

Same story different people, same rumor was around 2yrs ago. lol. Peace.

Agree. Further it is Illegal for US soldiers to own or profit off Dinar in the region. If such an RV had occurred do you think 50 thousand soldiers could keep a secret? NOT. lol http://www.investorsiraq.com/showthread.php?126303-Is-military-allowed-to-take-dinar-out-of-Iraq

GREAT JOB!! Excellent and WOW!.

Hmm that is what this article reads as written. Anybody else care to chide in on this?

(Tears in my eyes) May God Bless America and may God Bless all Americans. Peace.

A "Schindler" It is then. I have no use for the Soros types they are not even deserving of the expense of a bullet only cold steel. If the path to Americas survival is shaped as us living as Shindler did then I guess I'm to be counted in. I would rather die on my feet than live on my knees. Peace.

This is a huge mistake! IMO the final nail in our coffin as a nation. No one man should have that kind of authority and power at his disposal. I feel so bad for the armed forces in the US. What a shame this has come to.

Finally received an email response: "BanG was a hectic day , people have been chatting it up and celebrating as they have been told that there is a currency change in the process. We are hearing all kinds of mixed information from day to day in the GOI. Will keep you posted on the hype and currency talk. Do not believe everything you see or hear as to the protests and complaining crap as this is in very limited locations and not as big as they say it is. Most Iraqi's in the street are excited about the changes going on with the rejuvenation projects in Iraq and the removal of most of the blast barriers. As we said there is much to celebrate and the Iraqi's are cutting loose. Later BanG." This was the jist of the reply from my friend Jim. The guys appear to be doing well and the remaining pieces of the email are personal and directed to me. As we continue to chat I hope more information is revealed as to the daily lives of folks in Iraq. Peace.

Super find and great post! Very much enjoyed the read and it does appear that the GOI is running out of time quickly IMO. Would be interesting to see Scooters thoughts on a drive-by on this particular article do you not agree? Very subject for healthy debate IMO. Peace.

Several people have made posts to me stating "Stay Safe BanG" and "Stay Safe over there BanG" For the record I'm stateside and now medically retired from the military and not on active duty any longer. As I said Im a retired disabled Veteran and like most of you waiting on the infamous RV to happen. Thanks for your kind and well wishes on my behalf and to those who are serving currently a BIG thank you to them. I just wanted to clear that up for you all. Peace.

Clarification of Text communications. I cannot text my buddy's on the ground as the phone is a US Government issue Satellite phone thus it allows them to communicate one way. I have to reply to them on their personal email accounts and when they check their mail is when I usually get some sort of feedback. I hope this clears up the communications questions you all have and to date I'm still awaiting a reply to my email I sent them this morning. Thank you all for the positive feedback and support as I said previously I do not think I would have been so kind to me if the shoe was reversed lol. I will keep you all posted as information comes in to me. Peace.

I have only one way to make contact with my brothers in arms, it is via email. I have sent them an email asking why the urgent text? Do they have reason to think that this was a legit issue and why the sudden rate belief. Aside from that I'm in limbo waiting to hear back. I do not believe that this was a "Joke" as we are beyond that kind of behavior and they have an interest in this just as I do. So I await to hear back from them. Peace.

Well folks here's eating "Crow" Mmmm, I hate eating Crow thats why I never predict rates and dates. When i get my hands around my buddies neck I'm going to force feed him Crow as well lol. I dunno why the urgent text my guess is they heard something and passed it on. Peace.

OK this was a text sent to me by some friends in Iraq on the ground. They sent it to me this afternoon and I made a comment about this as I have never received this kind of text and have always felt the RV would be in around .50 to 1.00. I'm not in the rate and date business and just shared a text I got. TREAT THIS AS A RUMOR please. Peace.

Press Release No:2011/501/MNA Middle East and North Africa Looks to Inclusive Future Growth Washington, May 24, 2011 – There are historic opportunities for greater openness and citizen participation in economies across the Middle East and North Africa (MENA) that, if strongly managed over the transitions ahead, could see a significant boost to economic growth and living standards in the medium term. This is the analysis presented today in the World Bank’s Regional Economic Outlook: MENA Facing Challenges and Opportunities. The report notes that current economic disruption in many MENA countries is translating into lower growth in the short term (now forecast at 3.6 percent for 2011 down from 5 percent) but that opportunities in the medium term offer new hope for an inclusive and sustainable development that has not before been seen in the region. "The rich experience from countries that have undergone political changes suggest that short-term disruptions to economic growth and social tensions are inevitable,” said Shamshad Akhtar, World Bank Vice President for the MENA region. “However, transition offers an opportunity for countries to break with the past and set course in a newer direction. A first order of priority is to offer the right signals to restore public and private investor confidence which, in MENA, calls for ensuring respect and citizen dignity through inclusive social policies, a fundamental change in governance frameworks and swiftly restoring macroeconomic stability." The report finds that by the end of 2010, MENA countries had largely recovered from the global financial crisis, and growth rates had been expected to reach pre-crisis levels in 2011. Events in early 2011 which led to swift regime change in Tunisia and Egypt, and ongoing challenges in Bahrain, Libya, Syria and Yemen, have affected the short-term macroeconomic outlook and the status and speed of economic reforms in the region. “The effects of reform tend to follow a J-curve, where things get worse before they get better. Experience from other countries which have made successful transitions has shown an initial decline of 3 to 4 percent in the first year but quickly recovering,” said Caroline Freund, Chief Economist for the MENA region. “Also encouraging is that successful countries saw significant and fast improvements in voice and accountability, some of the very things that underpin the MENA uprisings. We need to learn from history’s successful transitions and carefully manage the short-term downturn which is where we are focusing our best efforts now. While the challenges are many, the opportunities are more." Freund said better rule of law will promote competition and political stability will attract investment, facilitating more rapid growth in a sustainable way. By the same token, more voice for civil society will prevent the unequal application of regulations, and can lead to more inclusive growth. Examples of transitions to democracy in other parts of the world confirm that economic gains can be sizable. Typically, successful transitions are associated with higher levels of income growth in the decade after change than in the prior one. But, the short-run is challenging; investors typically wait for uncertainty to be resolved and it is inevitable that investment will be delayed. Signs of stability and reform are quick to be rewarded though and evidence from other countries shows that this dip in economic activity typically lasts a year, with growth quickly gaining momentum if the transition is strongly managed. The report’s regional forecast of 3.6 percent growth for 2011, down from 5 percent expected a few months ago, is largely due to the sharp drop in Egypt’s and Tunisia’s economic activity, but also because of weaker growth in developing oil exporters in MNA. Gulf Cooperation Council (GCC) countries will maintain strong growth rates, expected to exceed 5 percent. Growth effects are sharply differentiated by country in MENA, depending largely on whether the country is an oil exporter or an oil importer and the degree to which unrest and political change has disrupted economic activity. The report also notes that government spending is expected to rise in 2011 as governments move to expanding supportive policy measures and social transfers to reduce the burden of unemployment and counter high commodity prices. Partly because of these actions, but also because of rising fuel and food prices, inflation rates are expected to increase in many MENA countries in 2011. “Expanding social measures during an uncertain period is understandable to protect the most vulnerable and to help maintain support for reform,” said Elena Ianchovichina, World Bank Lead Economist and author of the report. “But it is important that these measures be used to complement needed reforms and be targeted efficiently to the poorest and the most needy.” The report considers prolonged instability resulting from unmet political and social aspirations and lack of clarity about political transitions to be the most serious risk to short-term economic growth in MENA. The report also investigates the effect of high commodity prices on MENA countries. Impacts are country-specific and determined by dependence on food and oil imports, and the extent of the pass-through from international to domestic prices. While MENA includes some major oil exporters that are benefiting from oil price increases, it is also home to a number of countries that rely on imported oil. Importantly, because most MENA countries are highly dependent on imported food, particularly cereals, oils, and sugar, in the event of further food price increases, they face the risk of more malnutrition, increased import bills, higher domestic inflation, and worsened fiscal balances in cases when governments subsidize food. And new estimates of pass through from international food prices to domestic prices are presented for MENA countries. “Food security is and will continue to be an important issue for Arab countries,” said Julian Lampietti, Lead Food Security Expert for MENA region at the World Bank. “Now is not the time to be complacent in addressing this with global wheat stocks low and with the Arab world importing one third of the world’s traded wheat.” There is considerable scope for reducing food price volatility in the MENA region through investments in infrastructure and logistics, he said, pointing to examples in the region where ongoing analysis is showing that there are ways to manage exposure to food price spikes and ensure a timely supply of dietary essentials.

Without even opening the Link I can say that I believe this could be possible. Taxpayers have and are getting screwed big time. Peace.

In the case of the lifting of the 3 zero's read Scooby Doo's post below he has a handle on this. Peace.

I would like to read that. Where is the link or location of the article? Peace.