bostonangler

Tlar: So here it is. Sometime in the next two months this will be over. The dinar will revalue and the truth will be known to all. I’m sorry if you missed the clues. I would never do this and I apologize. I can’t say more but I was wrong on the value. It is more than delete the zeros, or 86 cents. I told my family only the detail. Those that know me know I have never said this. I have not put this out to my group nor will I, but I am sure it’s done. If I was not sure and had not accidently heard this today I would never put my *** on the line like this. Please do not confuse this with the kooks out there who say it is happening everyday.. It is over. This could happen at any time from this weekend through the next 60 days.. Its done. At the risk of marginalizing myself, It is done. I was a fool in trying to figure this out numerically. It is more than I thought. I am not a guru as you know, I am only a student. I haven’t said anything like this ever and yes I believe what I heard today. 60 days or before and I’m sure. From this weekend on. I risk my reputation on this for what that’s worth. If I’m wrong I just finished myself off and I know it. What I heard today while being sworn to secrecy compels me to share with you guys. I wish I could be more specific but my word is important to me. I don’t mean to be coy. We will all be surprised with what’s coming, especially me. I would never have believed it if it had not come from someone I know personally, has the credentials and is not a rumor monger or bullsh%$#&@. I respect this person. If I am wrong, you know as well as I do, I just laid myself out. Truth is I could not stay quiet. You guys accepted me into your fold without hesitation and without condition or judgment. I am returning the favor. I love you guys. If I’m wrong, I will quit posting altogether. I didn’t say this to get noticed. B/A

I forgot Butifldrm... Nice read... B/A

this is most positive.... thanks yota B/A

Iraq: Economic and political situation isn’t favorable for zeros deletion from currency Wednesday, 26 February 2014 13:14 altShafaq News / The parliamentary finance committee believed on Wednesday that the political and economic situation in the country is not appropriate to delete the zeros from the Iraqi currency. Iraq had talked since years ago about the project to delete the zeros from the dinar currency in an effort to reduce the mass of cash, free the economy from the constrictions and enhance the value of the dinar in the International Monetary Fund. There were claims last year to delete the zeros from the currency after the withdrawal of Iraq from Chapter VII of the United Nations. “The political and economic situation can’t bear opening this issue because the process of deleting zeros needs preparations and coordination with fiscal policy and coordinate with the parliament through legislations that covers the financial conversion ,” The committee’s member , Haitham al-Jubouri said in an interview with " Shafaq News “. He added that the issue needs economic and political stability in light of the unstable price of the currency and the increase in the expenditure size currently, it is likely for the next legislative session with the new government to witness opening the issue of zerosdeletion. The International Monetary Fund has expressed its support for the Iraqi economy if conducted a number of economic measures, including deleting the three zeros from the local currency. The Iraqi dinar is considered the official currency in the country, issued by the Central Bank of Iraq. Specialists in economic believed that changing the former governor of the Central Bank of Iraq , Sinan al-Shabibi and his deputy, Muthehar Mohammed Saleh as well as a number of bank officials and bring them to justice on charges of mismanagement and corruption impacted negatively on the project of changing the currency and deleting the zeros http://www.shafaaq.com/en/business/9054-iraq-economic-and-political-situation-isnt-favorable-for-zeros-deletion-from-currency.html B/A .

US State Dept: Iraq 2013 Investment Climate Statement (excerpt) Currency Conversion and Transfer Policies The currency of Iraq is the Dinar (IQD – sometimes referred to as the New Iraqi Dinar). Iraqi authorities confirm that in practice there are no restrictions on current and capital transactions involving currency exchange as long as underlying transactions are supported by valid documentation. The International Monetary Fund’s annual publication on Exchange Arrangements and Restrictions states that “restrictions on capital transactions are not enforced; however, documentation and reporting requirements apply.” The National Investment Law contains provisions that, once implemented, would allow investors to maintain Iraqi bank accounts and transfer capital inside or outside of Iraq. The Government of Iraq’s monetary policy since 2003 has focused on maintaining price stability primarily by appreciating the IQD against the U.S. dollar while seeking to maintain exchange rate predictability. Banks may engage in spot transactions in any currency, but are not allowed to engage in forward transactions in Iraqi Dinar for speculative purposes. There are no taxes or subsidies on purchases or sales of foreign exchange. Improved security has allowed for an increased supply of goods and services which, along with the Central Bank of Iraq’s monetary and exchange rate policies, have continued to help temper inflation. The CBI has brought inflation down from a peak of more than 70 percent in 2006 to below 10 percent since early 2008, primarily through appreciating the currency. The CBI has held the official exchange rate at close to 1,170 IQD/1.00 USD since 2009. Read more: http://www.state.gov/e/eb/rls/othr/ics/2013/204661.htm B/A

Sorry I didn't know the history of this... I saw it pop up on a news feed, so I thought I would share. B/A

Iraq Ministry of Finance: Re-Denominated Dinar to be Issued Early 2015 Monday, 24 February, 2014 In 2006, the Iraq Ministry of Finance (MOF) told the Iraq Central Bank (CBI) to create a plan to introduce new Iraq Dinar currency. No actual date was set until the CBI developed a plan on how it was going to accomplish this task. The CBI sent their plan to the Iraqi government financial committee and the Iraqi government agreed on the plan. On February 6, 2010, Radio Free Europe Radio Liberty (RDE/RL) reported the intent of the plan by the Iraqi government to redenominate the countries currency. At the time Mudher Salih, who is now the former Deputy Governor of the Central Bank was a member of the Central Bank advisory panel. Salih stated that by the end of 2010 the new Iraqi dinar would be printed and placed into circulation. The old banknotes would be removed from circulation, as both the old and new currencies would co-exist. The Iraq government and the Central Bank did not introduce the new Iraqi dinar in 2010. The Central Bank has stated on numerous occasions that the new Iraq currency would improve the purchasing power of the Iraqi dinar. There are other positive points of having the new Iraq currency: easier to handle in day to day cash transactions, control inflation, help facilitate payment systems, control banking transactions. During the years 2011 and 2012 the Central Bank would leak articles to the media about their plan to introduce the new Iraq dinar. The CBI stated that they would release denominations of 50, 100, and 200, as well as one and two dinar coins. Another very significant piece of information that was made public was that the window to conduct the exchange was going to only be one year. The Central Bank announced through the media that they would introduce new currency in September 2012. This was widely reported in the Baghdad local media. Abdul-Hussein Abtan, Economic Committee Member of Parliament in Baghdad, stated in a press conference that there is an initial agreement between Parliament and the central bank to start the process of removing three zeros in September 2012. This was great news and people all over the world were excited about the new Iraq currency. However, not everyone was pleased with this news and on board with this plan. The Securities Exchange in Baghdad had a problem with the CBI and their new currency plan saying it would interfere with the value of the price of stock. A European company was commissioned to print the new currency and was set to schedule a release into Iraq. The currency would be printed in Arabic, English and the Kurdish language. As the world waited again for the release of the new Iraq currency in September 2012 the time came and went without any release. It was another major disappointment. It appears that there was too much interference from the committees inside the Iraq government as well as inside the Central Bank. They clearly could not come to an agreement on the timing as well as the plan. There were two committees set up within the Iraqi government for the deleting of the three zeros. The Parliamentary Economic Committee and the Parliamentary Finance Committee. The Parliamentary Economic Committee thought the deletion of the three zeros would strengthen the Iraqi dinar currency. However, the Parliamentary Finance Committee members feared that it would cause money laundering and counterfeit operations. Abdul Abbas Shayya, a member of the Parliamentary Economic Committee said “Reforming the management of the Iraqi currency now requires the deletion of the three zeros. This has been endorsed by the Parliamentary Economy and Investment Committee.” Shayya is a member of State of Law Coalition, led by Prime Minister Nuri Maliki. Shayya has been quoted as saying “that the Iraqi currency is weak and that the money supply has amounted to multi-trillions because of the existence of these useless zeros”. Also quoted was “that the country will witness a significant increase in oil revenues, financial earnings and high budgets”. Thus, “we will need to print new banknotes, as estimated by the Central Bank”. Shayya also stated to Al-Monitor “Iraq will need about 9 billion banknotes in the event of applying the three zeros”. Iraq today is dealing with 4 billion banknotes.” In more recent times, the Council of Ministers has requested a delay in introducing of the new currency because of fears of money laundering. Today, the current situation in Fallujah and Ramadi has the attention of high officials in the Iraqi government. The Parliamentary Economic Committee member, Aziz Sharif Mayahi has stated that the committee understands that political blocs are preoccupied with the upcoming elections. The process to delete the zeros and introduce the new Iraqi dinar currency has now been delayed till January 2015. The Former Deputy Governor Salih stated in a June 24, 2011 article with the RFE/RL media that large denominations equivalent to approximately $100 dollars would be issued to simplify major purchases and new coins. There is no one individual outside of Iraq who is privy to know when this is all going to go down or happen. Only the Iraqi government can give the go ahead and issue the new Iraq currency. It is a high probability that some information maybe revealed by the Central bank and by other government officials to the local media. With luck, the Central Bank and the Iraq government will follow through with next years plan to start the implementation of introducing the new Iraq currency. B/A

From another site... But interesting Tuesday, 11 February, 2014 2/11/14 Live4free: There is something new on the central bank of Iraq site’s home page. Look at the red letters that say: “Home Exchange Rates”, and then click on that. Can anyone tell me what that means? Thanks for being here, you guys and gals. B/A

I apologize if this has been posted... CENTRAL BANK GOVERNOR AND DIRECTOR OF FINANCIAL OPERATIONS STEAL PEOPLE’S MONEY IN BROAD DAYLIGHT Tuesday, 11 February, 2014 2-11-14 BAGHDAD / agency sparkle news / news show and sources close to the CBI to be the new director of operations of the Department of Finance and Debt Firat Shaker Mohammed is a first class thief, It will not wait for the little guy as any other to start (his predatory), but surprised everyone when he started hustling for suction and Laft what can Hafth and Afth of funds Iraqis who do not know how and when and where the money goes, after they have become at the mercy of a bunch of thieves their first central bank governor Abdul Basit Turkish and most recently director of financial operations of the new Firat Shaker Mohammed. Remember, these sources said the central bank governor and director of financial operations may contract a secret agreement eliminates preference and provide banks .. Sorry (small shops) to national banks giant and the marginalization of these banks, which is in the interests of the enemies of the nation and the enemies of the political process in Iraq, where the contribution of this work to destroy the national banks of Iraq, and of course, that this organized labor generates large profits on the two men they are not giving an example million dollars daily for one small banks to face the Almighty, but compared to a large bribe shared by these two Alrosan two major central bank, halting the work of national banks large and hampered the interests of the Iraqi citizens who are dealing with these banks and respectable qualifying economically and nationally so that the doors of these banks are suffering from the hustle auditors to no avail. Because of the central bank’s policy-biased small shops at the expense of the large banks that hold record bank luxury. The same sources indicate that these two thieves and robbers with them a number of bankers took preparing to eject Iraqi funds. It actually began smuggling money abroad, especially since the parliamentary elections on the doorstep. It does justice to the large national banks, which almost shut down and stop the march of thieves that do not stop at a certain station and accountable central bank governor and director of operations and the financial return of the Iraqi economy, especially the banking movement prestige?!. The ball is now in the court of the government and the House of Representatives and the eyes are looking forward to a therapeutically crucial. LINK B/A

February 8, 2014 Baghdad (IraqiNews.com) The head of the Iraqi Sons of Iraq Conference, Ahmed Abu Risha, revealed that “The Islamic State in Iraq and Syria issued a new currency for the State of Anbar,” considering this step as “An evidence to refute the statements of some politicians over non-existence of this terrorist organization in Anbar.” Abu Risha displayed from his cell phone device a photo for the “ISIS Dinar” during the discussions of the initiative launched by some politicians to end the crisis in Anbar.” He added “The new currency carries the photo of Osama Bin Laden and the slogan of the ISIS and signature of the ISIS Financial Minister.” “The war against the ISIS in Anbar is conducted by the Iraqi Army and Police supported by the tribes of Anbar which stand with the sovereignty of the state and law,” according to Abu Risha LINK B/A

Tuesday, 04 February, 2014 2-4-14 Janina: Today I met my wealth manager at Wells Fargo Bank and he asked me how is going with my dinars, I told him I am still waiting… I asked does he hear some news. He said that dinar rates will be as Kuwait or may a little higher but he offered me to exchange today at the rate $ 1.11 and no NDA. I was thinking may I go, still would be a lot of money but I stopped to think for a while and then I said to him: “no, I will wait for better time and he promised me that he will call me when comes that time…” So, if it is a true, now we know what we get. She turned down $1.11!!!! That's rich! B/A

I'm not saying a word... Facts are facts..... http://blog.sfgate.com/nov05election/2013/04/23/george-w-bushs-top-five-successes-and-failures/#11199101=0 B/A

Deletion of zeros suggested by economic experts of Iraq instead issuing large banknotes Thursday, 23 January, 2014 1-23-14 Iraq Directory: A number of specialists in economic affairs of Iraq have advised that the government to apply the project to delete the zeros, instead of issuing large sections of the currency because it will lead to higher inflation. It is noteworthy that the central bank decided after demanding the federal government to wait to apply the project to delete the zeros and get rid of the monetary mass lean in Iraqi currency by printing Banknotes category 50 thousand dinars, in addition to coins of small denominations during the year 2014, to facilitate the process of dealing and purchase between the citizen and local markets. He saw a number of deputies and specialists in the matter of financial, that the issuance of currencies with groups as large as (50) thousand dinars is not feasible and will increase the inflation rates in the local market, and thus will lead to economic problems in the country. During a TV interview session, he stressed on the importance of the application project to delete the three zeroes from the currency, which has the advantages of economic benefit the economy and push towards facilitating the trading of the currency, with the need to control the process of switching the currency to reduce the incidence of fraud and forgery at the implementation of the project. Economic expert Dargham Muhammad Ali, said that the application of project restructuring currency after deleting three zeros which is a necessity in light of inflation digital transfer of Iraq’s budget Alumblyaria to Altrliunah, and these figures are not commensurate with the value of the Iraqi budget and size, there is no justification for the issuance of currencies with large groups of perhaps will cause economic problems. He further noted, “The project to delete the three zeroes includes finding values less than currently in circulation that does not solve the crisis, the Iraqi currency flabby digitally, which poses a scenario deletion of zeros balanced scenario in light of the stability of the currency.” Continuing on the same issue, he further stated, “In the event of a fear of the transitional period can increase trading currencies new and old together, either to find alternatives to this project, issuing coins with large groups or small metal they are partial solutions, and prosthesis and a circumvention of the small by the big problem.” For his part, Deputy Chairman of the Finance Committee MP Ahmed Faizullah, to: The decision to issue currency category 50 thousand dinars and small coins would cause great economic problems in terms of inflation and the impact on the exchange rate of the Iraqi dinar against the U.S. dollar. He also told, “This proposal will not benefit the Iraqi economy, but something Sadharh, and the central bank is well aware that any impact on the market will reflect negatively on the stability of the dinar against the hard currencies.” He further pointed out, “The central bank believes that the application of the project to delete the three zeroes from the currency during the current period will cause upheaval of the economy and the increase of inflation rates in the market through the issuance of currencies with multiple categories, what he refrained from applying it,” and added, “The project is large and sensitive to the needs and financial and economic stability in the country, so the Iraq during the current period and even the next few uninitialized to implement the project in spite of expectations to suggest that applied during the next two years.” As a member of the Finance Committee MP Abdul Hussein al-Yasiri, said, “The current administration of the Central Bank has a proposal to issue Banknotes with large groups as 50 thousand dinars and 100 thousand dinars, in addition to coins of small denominations, to get rid of the money supply large in the Iraqi currency, as it linger from the application of the project to delete the three zeroes at the moment and confirmed that it is well suited for the application.” Yasiri said, “This proposal will be one of the basic tools for the application of the national project to restructure the local currency after deleting three zeros of them, which is a prelude to the application of the project, saying it successful process through which the issue of currencies with large groups which the aspirations of the Bank Central to reduce the mass of large cash currency.” The member of finance committee noted, “The central bank to speed up the issuance of these new currencies in preparation for the application of the project to delete the three zeroes from the national currency. The CBI, revealed previously expressed his intention to issue coins denominations are small, indicating that those currencies, which may be issued sometime in the next year, will be written in Arabic and Kurdish, confirming the presence of a proposal for issuing Banknotes large value of fifty thousand dinars.” The governor of the Central Bank and the Agency Abdel Basset Turki said, “The Central Bank is currently working in accordance with the tables and under the supervision of specialized committees to issue new coins with large groups.” And between Turkish that “the largest group of coins that are available now are the (25) thousand dinars and the purchasing power it does not exceed $ 23, so there is more of a proposal to the Central Bank, to put coins larger than the existing, such as issuing currency up to (50) thousand dinars.“ He also noted, “The central bank is also working on a version of small coins, the lack of these categories that facilitate the process of dealing and purchase between the citizen and the Iraqi market, which was dealing with the central bank,” noting that “Coins small will be in Arabic and Kurdish.” LINK B/A

For those who are interested... Here are some Iraqi Television stations on the web.... Enjoy!!! http://wwitv.com/television/101.htm B/A

I think you folks need to go back and study your history just a bit... In the history of Afghanistan, the internal conflict between anti-Communist Muslim guerrillas and the Afghan communist government (aided from 1979 to 1989 by Soviet troops). The roots of the war lay in the overthrow of the centrist Afghanistan government in April 1978 by left-wing military officers, who then handed power over to two Marxist-Leninist political parties, the Khalq (“Masses”) and Parcham (“Flag”), who together had formed the People’s Democratic Party of Afghanistan. Having little popular support, the new government forged close ties with the Soviet Union, launched ruthless purges of all domestic opposition, and began extensive land and social reforms that were bitterly resented by the devoutly Muslim and largely anti-Communist population. Muslim tribal-based insurgencies arose against the government, and these uprisings, along with internal fighting and coups between the Khalq and Parcham governmental factions, prompted the invasion of the country by about 30,000 Soviet troops in December 1979 with the aim of propping up the Soviet Union’s new but faltering client state. The rebellion of the Muslim rebels, or mujahideen (literally, “strugglers”), grew in response, spreading to all parts of the country. The Soviets initially left the suppression of the rebellion to the Afghan army, but the latter was rapidly depleted by mass desertions and remained largely ineffective throughout the war. The Afghan War quickly settled down into a stalemate, with about 100,000 Soviet troops controlling the cities, large towns, and major garrisons and the mujahideen roaming relatively freely throughout the countryside. The Soviet troops tried to crush the insurgency by various tactics, but the guerrillas generally eluded their attacks. The Soviets then attempted to eliminate the mujahideen’s civilian support by bombing and depopulating the rural areas. Their tactics sparked a massive flight from the countryside; by 1982 some 2.8 million Afghans had sought asylum in Pakistan, and another 1.5 million had fled to Iran. The mujahideen were eventually able to neutralize Soviet air power through the use of shoulder-fired antiaircraft missiles supplied by the United States. The mujahideen were fragmented politically into a handful of different groups, and their military efforts remained uncoordinated throughout the war. The quality of their arms and combat organization gradually improved, however, owing to experience and to arms shipments sent by the United States and other countries via Pakistan. In 1988 the United States, Pakistan, Afghanistan, and the Soviet Union signed an agreement for the withdrawal of Soviet troops and the return of Afghanistan to nonaligned status. In April 1992, various rebel groups, together with newly rebellious government troops, stormed the besieged capital of Kabul, and the communist president, Mohammad Najibullah, was ousted from power. A new transitional government, sponsored by various rebel factions, proclaimed an Islamic republic. (Encyclopedia Britannica) U.S. Gov Info Guide Robert Longley blogs today on a just released House International Relations Committee study about possible connections between Al Qaeda and the 1995 Oklahoma City bombings. The study inquired into whether Timothy McVeigh or Terry Nichols, the bombers of the Alfred P. Murrah Federal Building, "received any help from Middle Easterners." The study concludes: Maybe. Less uncertain: How much help the U.S. has given to jihadists. Late last week, I wrote about the December anniversary of the 1979 Soviet invasion of Afghanistan and the American funding of the mujahideen, the Muslim warriors who eventually drove out the Soviets, and destabilized the Soviet Union so powerfully that they contributed to the USSR's collapse. The role the Americans played in funding the "holy warriors'" resistance to the Soviets is reasonably well known, though it isn't so polite to talk about these days. What is far less known is that American funding of the mujahideen began before the Soviet invasion. One of the few people who does talk about it is Chalmers Johnson, a former naval officer and a Japan and Asia scholar, in Blowback: the Costs and Consequences of American Empire. Since receiving the book as a holiday gift a few days ago, I've been gripped by his thesis that the United States would probably reap the results of its covert operations during the Cold War, if not in the late 1990s, when Blowback was published, then soon. Now that "soon" has become "now," I hope the time has come to start discussing the intricacies of the recent American past in which, in order to win the Cold War at any cost, the U.S. found it worth it to plant the seeds of the next war: http://terrorism.about.com/b/2007/01/02/al-qaeda-and-the-us-a-longer-relationship-than-we-might-have-thought.htm The USSR's invasion of Afghanistan was deliberately provoked. In his 1996 memoirs, former CIA director Robert Gates writes that the American intelligence services actually began to aid the mujahudeen guerrillas in Afghanistan not after the Soviet invasion of that country, but six months before it. And in a 1998 interview with the French weekly magazine Le Nouvel Oberservateur,former president Carter's National Security Adviser,"Zbigniew Brzezinski, unambiguously confirmed Gates's assertion. "According to the official version of history,"Brzezinski told the Nouvel Oberservateur,, "CIA aid to the mujahideen began during 1980, that is to say, after the Soviet army invaded Afghanistan on December 24, 1979. But the reality, closely guarded until now, is completely otherwise: Indeed it was July 3, 1979, that President Carter signed the first directive for secret aid to the opponents of the pro-Soviet regime in Kabul. And that very day, I wrote a note to the president in which I explained to him that in my opinion this aid was going to induce a Soviet intervention." When asked whether he regretted these actions, Brzezinski replied: "Regret what? That secret operation was an excellent idea. It had the effect of drawing the Russians into the Afghan trp and you want me to regret it? The day that the Soviets officially crossed the border, I wrote to President Carter, essentially: 'We now have the opportunity of giving to the USSR its Vietnam War." Nouvel Observateur: "And neither do you regret having supported Islamic fundamentalism, whih has given arms and advice to future terrorists?" Brzezinski: "What is more important in world history? The Taliban or the collapse of the Soviet empire? Some agitated Moslems or the liberation of Central Europe and the end of the cold war?" Conflict in Afghanistan (1978–present) and Islamic Unity of Afghanistan Mujahideen Mujahideen fighters passing around the Durand Line border in 1985 The best-known mujahideen were the various loosely aligned Afghan opposition groups, which initially rebelled against the government of the pro-Soviet Democratic Republic of Afghanistan (DRA) during the late 1970s. At the DRA's request, the Soviet Union brought forces into the country to aid the government. The mujahideen fought against Soviet and DRA troops during the Soviet War in Afghanistan and were supported by United States' assistance. After the Soviet Union pulled out of the conflict in the late 1980s, the mujahideen fought each other for control in the subsequent Afghan Civil War.[36] Afghanistan's resistance movement was born in chaos and, at first, virtually all of its war was waged locally by regional warlords. As warfare became more sophisticated, outside support and regional coordination grew. The basic units of mujahideen organization and action continued to reflect the highly decentralized nature of Afghan society and strong loci of competing mujahideen and tribal groups, particularly in isolated areas among the mountains.[37] Eventually, the seven main mujahideen parties allied as the political bloc called Islamic Unity of Afghanistan Mujahideen. Many Muslims from other countries assisted the various mujahideen groups in Afghanistan. Some groups of these veterans have been significant factors in more recent conflicts in and around the Muslim world. Osama bin Laden, originally from a wealthy family in Saudi Arabia, was a prominent organizer and financier of an all-Arab Islamist group of foreign volunteers; his Maktab al-Khadamat funnelled money, arms, and Muslim fighters from around the Muslim world into Afghanistan, with the assistance and support of the Saudi and Pakistani governments.[38] These foreign fighters became known as "Afghan Arabs" and their efforts were coordinated by Abdullah Yusuf Azzam. Mujahideen forces caused serious casualties to the Soviet forces, and made the war very costly for the Soviet Union. In 1989, the Soviet Union withdrew its forces from Afghanistan. Many districts and cities then fell to the mujahideen; in 1992 the DRA's last president, Mohammad Najibullah, was overthrown. However, the mujahideen did not establish a united government, and many of the larger mujahideen groups began to fight each other over power in Kabul. After several years of devastating fighting, a village mullah named Mohammed Omar organized a new armed movement with the backing of Pakistan. This movement became known as the Taliban ("students" in Pashto), referring to the Saudi-backed religious schools known for producing extremism. Veteran mujahideen were confronted by this radical splinter group in 1996. The term mujahideen is sometimes applied to fighters who joined the insurgency after the 2003 invasion of Iraq. Some groups also use the word mujahideen in their names, like Mujahideen Shura Council and Mujahideen Army. Following the U.S. invasion of Iraq as part of the George W. Bush administration's post 9/11 foreign policy, many foreign Mujahideen joined several Sunni militant groups resisting the U.S. occupation of Iraq. A considerable part of the insurgents did not come from Iraq but instead from many other Arab countries, notably Jordan and Saudi Arabia. Among these recruits was Abu Musab al-Zarqawi, a Jordanian national who would go on to assume the leadership of Al-Qaeda in Iraq http://en.wikipedia.org/wiki/Mujahideen As you can see our policies to police the world have come back to bite us.... It really is too bad that most people who start bashing are the ones who really never know what they are talking about.... B/A

I'm not one to listen to much of what these guruologists have to say. But I must admit. . . I like the way this Nova guy is seeing it. I may vote him guru rookie of the year. B/A

Warned parliamentary sources familiar with the collapse of the Iraqi monetary policy in light of the continued dollar selling in the auction of the Central Bank, and revealed a blueprint for the continuation of the process of money laundering agreement with American officials through non-recognition of the Iraqi dinar in international transactions. The sources said that “the financial policy of Iraq at a critical juncture in the light of the growing phenomenon of selling the dollar at the central bank auction to sell the currency,” indicating that “the government is not aware of this risk and is oblivious also on the level of collapse concealer suffered monetary policy in light of the marginalization of the presence of the Iraqi dinar, which What still is not recognized in international business dealings despite the passage of 11 years since the change of the former regime and the lifting of international sanctions on Iraq. “ The sources pointed out that “the failure to adopt the Iraqi dinar in business dealings and international economic serves as the execution of the Iraqi economy, arbitrary and intentional,” pointing out that “this phenomenon, according to foreign experts within the biggest corruption in the history, the agreement between senior American and international companies leading the laundering operations and money laundering. “ Previously, specialists in economic affairs that strongly criticized the policy of the central bank in control of the Iraqi dinar exchange rate and demanded reconsideration of the auction sale of the dollar, but the latter insisted on continuing to sell foreign currency and Usaha to include all government and private banks. The bank said in a statement issued in the month of April, “The process of cash sales for the dollar continues through the central bank auction conducted by the sale of foreign currency,” adding that “sales operations include all government and private banks, according to quotas and timings of time so special” . http://bit.ly/19Jis5Q B/A

Saturday, 21 December, 2013 Iraqi parliament has authorized the establishment of an institute for financial and banking training to develop the skills of government banking sector employees and bring them up to date with the latest electronic systems and technologies. On December 10th, the decision was announced, complementing the other training steps that would be taken by the ministry of Finance, stated by the parliamentary financial committee member Abdul Hussein al-Yasseri. He mentioned, “Despite the enrolment of a number of their staff members in training courses and programs inside the county and abroad, Iraqi banks are still in need of further efforts to train and develop human resources.” He also added in his statement that the establishment of this institute will cater seamless raining processes in future. The institute will work with a motto to develop the technical side of the daily financial transactions by training public sector banking staff on the use of modern technologies, and by creating a comprehensive electronic system that would connect the banks. Mr. al-Yasseri remarked, “Earlier this year, we organized three workshops in Baghdad, Amman and London, in collaboration with experts and specialists, to discuss the legal and legislative fundamentals and measures necessary to boost and enhance the state of banking in Iraq.” Deputy Finance Minister Fadhel Nabi told Mawtani that since 2007, the ministry has organized training courses for its finance and banking staff as part of a bilateral strategic project in collaboration with the World Bank to rebuild the infrastructure of Iraqi banks and reform public finance administration systems. He mentioned, “Training and development courses covered various fields of banking, the most notable of which were training on modern accounting data systems, how to prepare the state’s annual financial budgets and the development of performance and institutional capacity to carry out customs and tax operations.” Abdul Aziz Hassoun, executive director of the Iraqi Association of Private Banks stated that the training of banking staff capacities is an important step. But “it will not be enough unless steps are taken to introduce advanced technology”, he added. “Our government banks are still using outdated technical methods, and there are many transactions that are still done manually,” he told Mawtani. “Therefore, we believe job training will not be sufficient or feasible without the use of modern technology in the processing of all banking operations.” Public sector banks hold about 85% of the state’s financial resources and assets, he said, with the remaining funds spread out to about 40 private sector banks. “This means that the bulk of the financial operations are administered by government banking system, making it necessary to enhance this sector’s efficiency and develop its structure, performance and external dealings with the banks of the world,” he said. LINK B/A

December 22, 2013 Member of the Committee expected the economy and investment representative Aziz Sharif al-mayahi project raise zeros from the local currency early 2015. The Central Bank of Iraq more than two years studying the issue of lifting the zeros of the Iraqi currency but until now did not take firm decision on this matter. Mayahi said each agency Iraq IGN today that “raise zeros from the local currency has no negative impact on the economic situation in the country, adding that” not to raise zeros is a preoccupation of the political blocs to preparations for elections to the House of representatives. “ “The project raise zeros from the currency will be by early 2015. The Cabinet decided in its meeting held on 10 April to wait at apply the deletion of zeros from the local currency to further notice. The Iraqi Central Bank, the Bank adviser said the appearance of Mohammed Saleh, confirmed to IGN need Iraq to an administrative reform of the currency, and that the deletion of zeros is a part of the country’s administrative reform process, in order to reduce the cost of cash transactions in the economic process, in addition to the need to provide money to small categories used in the trading of small transactions daily. The officials at the Central Bank, in addition to some politicians and economists urged the Government to delete the zeros from the currency and issued new currency with large cash categories, in addition to having small coins. And observers say that the Government intended to delete zeros from the currency as a step towards improving the purchasing power of the Iraqi dinar, but economists underestimated the importance of this step, saying that the cost of raising the zeros will be greater than the benefit of raising zeros. http://bit.ly/JR65uu B/A

I'm thinking the pay off to Kuwait in 2015 may be the key to Iraq moving forward to the final monetary changes we are all hoping to see... JMHO B/A

As always Ron thanks for the update and have a wonderful birthday... If you head over to the roulette table, play 17 black for me!!! B/A

12-18-13 Stage2Omega: PER FOLLOW UP CONVERSATION, WITH ALL THE OFFSITE EXCHANGE LOCATIONS SET UP, IN CONJUNCTION WITH BANKS, AS OF LAST NIGHT THE ENTIRE PLAN WAS SCRAPPED ON THE 1-800 NUMBERS DUE TO INTERNAL ISSUES WITH THE LEAD BANK. THERE IS A FINAL MEETING TAKING PLACE RIGHT NOW AS TO UTILIZATION OF NUMBERS TO AVOID CHAOS. ONE OF THE MAIN PROBLEMS HAS BEEN THE LEAD BANK IN THE PROCESS WANTING LARGER SPREADS ETC. THERE IS ALSO ANOTHER ISSUE AS TO HOW THE CLAWBACK & CONTRACT SITUATION WILL BE HANDLED WITH THE HIGHER TIERS IN CONJUNCTION WITH THE DOUBLE & TRIPLE DIPPING BUT THIS IS NOT A DINARLAND ISSUE. IT IS 100% CONFIRMED C.L. & IMF RELEASED THE RATES WORLD WIDE. B/A

Experts: Iraq and Kuwait that could mark a major economic power 12/18/2013 0:00 because of the enormous potential and raw materials and geographical location to Iraq and Kuwait, experts found the possibility of the country a major economic power in the region. According to the economic expert Tawfik inhibitor, there is a possibility of that, despite his assertion that it requires time and effort. said Mani told (morning): “We must give equal opportunities between the two countries, because Kuwait had previously offered several industrial projects in Iraq. projects have failed to materialize and pointed inhibitor that these projects are summarized in the “Sort multimodal transportation and launch transit of any transit system , pipeline gas and crude oil for export from the Mina al-Ahmadi Kuwait, to participate in the management of land transport, sea, and air ports as a joint venture, investment and development of agricultural land for the production of crops, dairy products and meat, “noting that these projects have failed to materialize so far. Passes Iraq and Kuwait golden period of relations, especially after the withdrawal of Iraq from Chapter VII and an end to their differences. routine obstacle to investment and stressed inhibitor on the importance of the entry Kuwaiti projects for Iraq and the contribution of investors, noting that there is a great desire for the investor and trader and industrial Kuwait to work in Iraq, but they face routine measures stand in front of these investments remain. , and the expert said that everyone seeks to enter the Iraqi market, as the return on capital which is high, as well as profits, in particular that Iraq needs capital to begin to walk in the footsteps of construction and reconstruction, investment and the primary must be given to neighboring countries, provided that be working on the basis of equal opportunity, and the joint work to achieve mutual benefits and interests, urging to facilitate the task of the entry of investors, and encourage and support them to work together. “ Basra and the capital revealed inhibitor visit ended the recent governor of Basra to Kuwait, because he confirmed that there is an idea of the possibility of working joint participation with Kuwaiti companies and the Iraqi private sector and even conservative circles, by attracting foreign capital. felt that the development of economic relations between Iraq and Kuwait will contribute to the development of the Iraqi economy and reduce unemployment by providing jobs and creating investment opportunities, medium and big, not to mention the benefit maximum of experiences and relationships gained by Kuwait over time, adding that the most important of all these things that the world at the beginning of a storm of collapses rapidly and is about to exit the matter of control Kalanhiar sudden that happened in the bond market trade in the year 2008, so the relations, Iraq – Kuwait On the economic level is very important and can form a major power in the region. Hiring consulting firms for his part, suggested economic adviser Dr Shafiq al-Tamimi, contracted with a consulting firm with expertise and competence to prepare a study of comprehensive planning for the entry of goods and materials and staffs human required between the two countries. ” port parametric appropriate and said Tamimi (morning): “The economic relations between Iraq and Kuwait should include road networks, trains and all ground transportation and all the systems, facilities and services required to process the supply and transport of materials and personnel are to ensure the construction process and the development and growth of the Iraqi economy,” calling for the establishment of border port of living between the two countries, according to global standards. either Advisory Engineer Saeb discussion, he called to address the red tape and obstacles encountered investors. exemption of goods into the customs and stressed discussion (morning) the importance of developing trade in the port Safwan, so that trucks entering without the need to diversion of goods to other trucks. Regarding the development of exchanges between the two countries, he urged not to obtain the duty-free imported materials at the border, especially given that this process had a negative effect. also proposed agreement on the operation of bus lines to transport passengers from Iraqi cities to Kuwait City and vice versa, with the development of roads and railway network between the two countries according to international standards to accommodate the large volume of goods and materials required for the construction and development process. http://bit.ly/1c1obEP B/A

I meant to say thanks Machine for not negging me... Mean people really do suck.... B/A

I asked "Don't kill the messenger" B/A