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coorslite21
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Posts posted by coorslite21
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2 hours ago, caddieman said:
Yep and I hardly ever drop ruby’s even when I get personally attacked. That should tell you something.
And I don’t need to tell you where you are off base. You don’t care anyway.You can't tell me where I am off base...because I'm not.
My post was made because I care. I see the US going down the drain.
I suppose you see everything as looking rosy!
That would be a very sad commentary! CL
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So the caddie man drops a ruby...yet doesn't seem interested in telling us where I'm off base.
So typical of the left..
CL
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In Russia if you are in power you send the opposition to prison or often times they die mysteriously.
It appears that Biden, the left, and the deep state establishment are trying to carve that same path for Trump. Destroy him financially and stop him from running....better yet lock him up....
Seems to be be the same thought process to me.
CL
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3 hours ago, ronscarpa said:
MILITIA MAN: My understanding is that is possible...I have been told some time ago by more than one source that if the currency is traded on the FX...an international acceptable foreign exchange currency...they'll take that currency in exchange for precious metals.
And Bitcoin as well as several others projects....CL
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The politicization of the courts is disturbing at the least.
Higher courts will not rule in favor of keeping Trump off of State ballots. Colorado's 9 left leaning and appointed Supreme court justices are an example of how broken the system is....
NY and the $350+ Million fine for Trump is a joke. That to will be over turned. The banks make the deals, did their own due diligence and were paid back in full early. They testified for the defense.
Defamation by the woman who claimed Trump molested her 40 years ago....Trump called her crazy....she was looking for $10 million.....the court awarded her north of $80 million....now that really defines crazy! CL
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The Euro was a failed experiment on having a common currency for that region.. I doubt BRICS will make the same mistake....
CL
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45 minutes ago, Shedagal said:
@coorslite21 , I'm clueless. What are we supposed to get from this old article?
One of the things I like about you the most....you are direct!....and I appreciate that quality.
My apologies...a friend sent it....it seemed odd....and I didn't look at the date...
Perhaps in hind sight it illustrates the tremendous progress that has been made......although I admit that wasn't why I posted it.
Take care and enjoy the Super weekend.... CL
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The Central Bank of Iraq on the exchange rate: changing it confuses the markets and squanders the gains
Photo: Archive
ERBIL (Kurdistan 24) – The Central Bank of Iraq pointed out on Sunday that any unplanned change in the US dollar exchange rate would lead to economic stagnation and confuse local markets.
In late 2020, the CBI decided to raise the price of selling the dollar to banks and currency exchange to 1,460 dinars from 1,182 dinars in an effort to bridge the inflation gap in the 2021 fiscal budget after the collapse of oil prices, which is the primary income of the financial resources of the whole country.
The CBI said in a statement that the current exchange rate achieved many positive results, the most prominent of which was reducing the state's general budget deficit to achieving a surplus at the end of 2021 and giving local producers and investors an essential competitive advantage with imported goods.
It added that "the repetition of changing the exchange rate within short times without study by relevant authorities leads to economic recession, confuses the work of local markets, increases speculation on foreign currency, and squanders the gains made by the current exchange rate."
The bank continued, "despite the rise in international oil prices, there is no link between this rise and the objectives and results of changing the exchange rate."
"The current rise in oil prices will enable the Iraqi government to properly rebuild the Iraqi economy and build sufficient financial buffers to face any future fluctuations in international oil prices."
This statement came after claims circulated in the media about the existence of government efforts to reduce the US dollar price. The Iraqi parliament hosted the Governor of the Central Bank to talk about the exchange rate, but the Minister of Finance refused to attend despite being summoned. Speculation about the situation led to fluctuating exchange rates in the grey market.
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Kind of tired of hearing the garbage that Iraq must diversify its income streams before any possible revaluation.....
Russia....92% reliant on oil revenue....with very little debt...
Saudi Arabia was all oil and are just now expanding into other areas because of depleted in ground oil reserves....They have a 27 cent valuation to the USD...
Give me 27 cents......all day!
CL
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2 hours ago, Dretown39 said:
You're correct.China is no threat to the U.S. & so they don't care if they do business with Iraq.
China is part of a new world order that is planning to bring American and Western dominance to an end.
Don't underestimate this opponent.... CL
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To the thread title......
20 years later...whole towns and cities in ruin.....Hundreds of thousands dead with as many suffering life rehabilitating injuries...and a currency's value suppressed by the leader of the free World...
Iraqi's must just love America..... CL
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1 minute ago, Luigi1 said:
You are correct...I too, read the article.
I did a commentary on RUMOR section last month.
Iraq applied, back in October, for BRICS membership.
Right now, membership is pending & is awaiting approval.
Iraq is expected to be a full member by mid-summer.
They are transitioning and operating fully as a BRICS nation today... CL
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Sometime ago I suggested Iraq was already with BRICS. Links were requested and I was pretty much roasted for my suggestion.
Logically....A gold backed PetroYuan or a FIAT backed Petrodollar....kind of a no brainer....
Then to the auctions.....Russia, China, Iran and all those other axis of evil countries are loading up.....another no brainer...
At least in my world.... CL
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10 hours ago, 3n1 said:
not sure bout that, corrupt joe biden and his tree hugging john kerry pals want to stop fossil fuel energy independence in america , kick him to the curb and i think that goofy mindset will diminish .. my warped opinion only
Warped would be Biden....not you...CL
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BRICS.....Iraq will be better off with them.
BRICS is pro fossil fuel....the US has said they want to eliminate the use of fossil fuels.
Has the US really been a friend and supporter to Iraq for the past 20 years or so?
Ask the every day citizen in Iraq that question.....
CL
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So that's the equivalent of about $200 billion USD in reserves?
Any one know off the top of their head what their GDP is?.....their debt?
CL
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Yes....an Obama production....many holes in the workings....film was too long....but the concept on what a result in society might be if an EMP, or massive Cyber attack occurred are sound and thought provoking.
Years ago HR 2417 , the Shield Act, was introduced in Congress. The concept was intended to prevent the entire American Grid from going down in the event of an EMP, whether natural, or man made. Cost was less than $1 billion.....the bill never gained any traction. Government and Military facilities are all protected in this manner.
This should tell you Government today doesn't give a damn about any of us.
Just my thoughts today. CL
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For many years the Kurds have stated 17% of the oil revenue was an HCL requirement.
The 3 year budget was at 14%.
Any hold up on this by the Kurds shouldn't be a surprise.
Sunni, Shiites or Kurds...
I'll go with the Kurds every time.....CL
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24 minutes ago, davis411 said:
Your sounding positive today
As today is the 15th.....and there was some suggestion by those supposedly in the know this would be the day......what's the excuse going to be this time....?
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43 minutes ago, ronscarpa said:
Samson Article: "Sudanese participates in the World Economic Forum in Davos, Switzerland"
https://www.weforum.org/events/world-economic-forum-annual-meeting-2024/
Always good to be informed...... CL
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7 minutes ago, horsesoldier said:
Fondue 🫕 and Cognac/Switzerland is one impressive country. If you've never been I highly recommend it.
Yes it is!....CL
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6 hours ago, Luigi1 said:
Yup. Heard this. All eyes are focused on the 15th.
WEF meets in Davos.....14th to 19th.....CL
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The Left Fears Tulsi Gabbard
in Politics, 2nd Amendment (Gun Control)
Posted
More News... CL
https://thehill.com/homenews/campaign/4481796-gabbard-to-headline-fundraiser-at-trumps-mar-a-lago-resort/#amp_ct=1708615415628&_tf=From %1%24s&aoh=17086154038214&referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fthehill.com%2Fhomenews%2Fcampaign%2F4481796-gabbard-to-headline-fundraiser-at-trumps-mar-a-lago-resort%2F