Shelley

Thanks for the great post Trooper... Now lets pray it breezes right thru Parliment

Tiffany that was great... poor cisole, will live with this pink piggy thing for ever !!!!!

Cisole.... step awaaaay from the computer..... It's time to go work out !!!!!! Don't you want to look good for the RV

Thanks for the post DRV...... DANG !!!!!! BL is great at what she does !!!! Thanks Bond lady

# 12 F#*^@ing Okie, at it again

I was gone 1 day... WTH did I miss ??????? Okay so some want to wear it,some want to lick it and some pictures of it ????? I think we need to rename thread to : Freaky piggy porn !!!!!

Thanks for the post Trooper... I think everyone wanted to know the exact dates... They seem to make the holidays whenever they want...they sure have a lot of them !!!!!

On: Tuesday 23/08/2011 11:55 Baghdad (news) .. defended the Energy Commission on the oil and gas law, which will be presented to the House of Representatives soon, rebuffing any criticism by experts on the law, ruled that the application leads to the outbreak of civil war. A member of the Committee on Energy and oil and MP / National Alliance / Furat al-Shara told the reporter Agency (news) on Tuesday: “It is not the right of any party that the show drew particular viewpoint is misplaced and not entitled to the points of technical interference with political matters and on the experts to sing this law technically and scientifically. He explained that “this law in the event of errors will give him the Oil Ministry the right to deal with the so-called corporate contracts and licensing rounds and prevent the act, personal and factional and party at the same time set limits to deal with these companies.” Shara said: “The oil and gas law began since the (2007) and rewritten more than once in a while is written twice in six days as it contains gaps, so Hobhajh to revise and rationalize.” The oil expert jeweler Hamza has asked the House to cancel oil and gas law and the lack of approval as it contains the grave of the traps for the Iraqi people will lead to civil war and fragmentation of the country and its people, The jeweler said in an earlier statement (the news): I ask the House not to adopt, and even eliminating oil and gas law, to ensure the sovereignty of Iraq and its people the rights of ownership of the oil. He explained: that this law will deprive the Ministry of Oil and its affiliates and the Supreme Council for the oil and gas from all sovereign powers, but gives powers to the heads of political blocs, so when the approval would lead to civil war and the crumbling state and sovereignty, referring to the purpose of writing this draft is to make a mess spin in the oil and gas, not to regulate because there’s no sense of sovereignty, but to destroy it. LINK

He was a bad boy and his mommy took the cell and computer away from him

Hey Bumper... you have to make the ride bigger...to fit all of us

Hey FrankenSLI Are you calling this ride MERRY ?????

Hey Pink Piggy, there is a team on the food truck race on the food channel, wearing pink piggy shirts... you better get after them and let them know they are infringing on your territory !!!! Congrats to the winners and thanks Cisole, for all the fun you are bringing to the forum !!!!!!

YVM Yukonjohn... I don't know if their chats are easier to listen to or read, either way is very long... but I will say like Bond Lady always good !!!!!

Thanks for the post Misterfizz... Always look forward to BL chats, she is great at what she does to these articles !!!!!

Thanks for the post Sara... I think until Maliki and Allawi can come to terms with one another, this matter will continue to round and round in circles. I wish someone would step in and force this issue... maybe Barzani ????

What can I say.... I love to read all the chats... and get everyone's interpretations on the current articles Transcribed by Love’s Love (Scott) Iraq & Dinar News for 8-22 The Call Squad August 22, 2011 Episode 80 Patriot, Joey, Vic, Tim, Scott, Steve, Diana, Deb, Pam, Yukon Download/Replay Joey paraphrases: Association calls for private banks to develop plans spur mergers Date: Mon 08/22/2011 9:25 Baghdad (news) .. The head of the Association of private banks Abdul Aziz Hassoun, the monetary authority to develop a plan stimulates through which banks on the merger by creating a specific fund to support such projects that meet the economic feasibility of the country. It is noted that Iraqi banks require two basic steps to get to the road success, either integrated into each other or find a strong partner from abroad assigned. said Hassoun told the reporter Agency (news) on Monday: “The plan adopted by the banks to benefit from the status and financial capacity is based on the mechanisms and conditions calculated to all parties that wish to merger, including it does not violate any of them, but what Iraq is going through the conditions must be set by the monetary authority plan stimulates the banks on integration through the establishment of a specific fund to support entities that meet the economic feasibility of the country.” said Hasson, “The issue of integration of the banks is not Bsalh and not project commercial unusually simple, so is the need to study in advance, because the merger will either be voluntary through Maigdmh the bank itself or be forced by a decision of the monetary authority (Central Bank). He said Hassoun: “There are a large number of banks in Iraq to more than (40) bank and that all working up a simple be unable Pmatkdmh financial support for large projects that make them enter international markets or the development of private capital so it was essential that the competent authorities (the Central Bank and the Ministry of Finance) the establishment of funds with which to support these banks “. / Finished / 12. t. M / http://www.ikhnews.c…view_18773.html Joey states: Shabibi gave these banks ultimatums to have a certain amount of money in capital by June 30th Joey Reads: Al-Rashid Bank exchange called loans and advances for state employees Writer: The Iraqi future 22/8/2011 12: 00 am Baghdad — The Iraqi future Al-Rashid Bank announced the government controls exchange and loans and advances for state employees. He said: that the upper limit for the amount of loans/100/Salary my name and no more than (50) million dinars for the ongoing permanent staffing and the director-general, a/100, the highest since no more than (100) million dinars special grade the director-general of the dollar will be ten years the loan interest rate (8 percent) a year. He added, security should be to provide real-estate held after a grace period for/6/months relates to the bank insurance subject to a first-class and to guarantee وكمبيالة while the request. The statement said that ” personal advances, which is (5) million dinars and a payment by the five-year interest rate (6 percent) a year وبضمانة, of the staff members who have the permanent staffing. He went on to say, that advances are accorded to the ongoing service and those who have less than one year on condition of the presence of his predecessor بذمته outstanding in the past. He added: the advances of a staff member (3) million dinars will be paid in/3/year at a rate of interest (6 percent) a year. He said: that the guarantor should be a permanent staffing Al-rashid insurance, national insurance, pointing out that marriage advances to staff members who, for the first time, the widower his marriage for the second time. http://www.almustakb…ow.aspx?ID=8093 Joey reads: August 22, 2011 Standard Chartered in talks to acquire private bank in Iraq Standard Chartered Bank has held talks with one of Iraq’s biggest private banks over its possible acquisition. Negotiations with Warka Bank are still in the early stages, according to a bank official. “It’s not final until it’s absolutely final,” he said. The lender has a network of 120 branches in Iraq. It comes as the country’s central bank calls on banks to increase the size of their capital to US$214 million (Dh786m) and submit financial statements before the end of 2013. The regulator wants to reduce the number of local lenders and attract foreign investment into the sector. A merger would “put the bank in a very strong position and give the ability to finance major projects”, said Mohammad Al Samerai, the executive director at Warka Bank in Baghdad. Standard Chartered Bank declined to comment yesterday. Warka Bank has been suspended from trading on the Iraq Stock Exchange for more than a year as it faced difficulty in its business operations and struggled to increase its capital after the central bank introduced minimum capital requirements of 50 billion dinars (Dh155.6m) in 2009, raised to 100bn dinars by last year. That would have increased to 150bn dinars next year and 250bn dinars 12 months later. Continues .. “Warka Bank had to find a suitor, there was no way they could make up the capital,” said Hal Miran, an analyst at Rabee Securities, a broker based in Erbil. “They have not generated new business, not made any loans, they owe a lot of companies large amounts of money,” said Mr Miran. “Standard Chartered Bank will benefit by getting a licence to operate in Iraq, which is now becoming increasingly difficult for foreign banks to obtain, in addition to a network of branches and infrastructure already in place.” There are 43 banks in Iraq, with the sector dominated by seven state-owned institutions, while the private sector accounts for just 10 to 15 per cent of deposits. In a country of 39 million people, there are only 700 to 800 bank branches. Private banks were permitted in the late 1990s under Saddam Hussein, in a sector that had been nationalised since the 1960s. But many are small, family-run entities with limited operations. Some foreign banks have already acquired stakes in Iraqi institutions. HSBC owns 70 per cent of Dar Es Salaam Bank, and National Bank of Kuwait has a 75 per cent stake in Credit Bank of Iraq. “Over the coming period, we will see more M&A [mergers and acquisitions] activity in Iraq’s banking industry as international banks come into the arena and either buy out smaller banks or come on their own,” Mr Miran said. http://www.thenation…te-bank-in-iraq Joey concludes: Sounds like Shabibi’s plan for the banks is coming to fruition and maybe a close if banks are now struggling to get licenses, and to stay in business. Deb: Banking is one of the last parts or sectors of the Future of Iraq Project… Patriot: Yep, banking is section 20 in the outline of The Iraqi Project which is the Unclassified State Department plan written in 2002 and available on another site.com for free download. Section 20 is the last section, and frankly, with all the other news found in transcripts the past couple weeks of our calls, they must be very close to the final pages of the final section of the plan. They are rebuilding the banking system. Joey reads: Iraq: the development of the payments system in the good bank and Mesopotamia 22/08/2011 18:17Baghdad, August 22 / August (Rn) – Completed the World Bank 80% of the proportion of the restructuring of the financial aspects of a bank of good and Mesopotamia on the system of payments, according to the Unit Manager restructuring banks. And said Majid picture of Kurdistan News Agency (Rn) on Monday that “the unity of the restructuring problem by the World Bank completed the gain of 80% of the requirements for improving the performance of banks in the development of financial payments that will improve the performance of a bank of good and Mesopotamia and restructuring in line with the electronic development in the work of international banks. “ The central bank has allocated last February 10 million grant for the restructuring of banks during the next two years. “The percentage of completion of system liabilities in the financial sector was completed and the unit structure of the two banks, 40% and is continuing in the implementation stages of the restructuring and development of the operational aspects, construction and internal control.” Iraq had decided in early 2006 re- restructuring of government banks in order to get rid of the heavy debt. The Iraqi government is still limited in its financial transactions on the banks approved by the government by 85%. Wanan of Jafar, the Open: Murtaza Yousuf. http://www.aknews.co…knews/2/258412/ Joey: Oh, the articles just kept coming out today about banks, you just really see what is going on; and it’s a window into what Shabibi is doing also. Joey asks Deb if she saw this one, and reads: Bremer, the central bank carries responsibility for the loss of $ 6.6 billion of Iraqi funds Palm – Download the Deputy Governor of Central Bank of Iraq Coalition Provisional Authority head Paul Bremer, the responsibility of the loss of $ 6.6 billion U.S. dollars. ونفى .. He denied the Alabreha during a media statement: that the central bank is responsible for the loss of U.S. $ 6.6 billion lost in the period between 28.05.2004 and 06.28.2004 AD. .( (.. He said the central bank in case of that period if all the institutions of the state was subject to the Coalition Provisional Authority ((CPA and Bremer is the civilian administrator of Iraq in that period, stressing that the Central Bank of Iraq did not have money of its own base of this size. .. Zkrnaúb and Central Bank Governor that the funds in that period belongs to the Iraqi government, which was run by the then civil governor Paul Bremer. .. And shipped to the United States in the era of former U.S. President George W. Bush Iraqi funds that were frozen in the Fund Bank of the Federal Reserve in New York in plastic boxes on a military transport aircraft C-130 to Iraq as part of the reconstruction plan by about $ 20 billion and stored in the basement of one of Saddam Hussein’s palaces in the Baghdad and distributed at the end of the day the Iraqi ministries and contractors. .. He expressed his Henry Waxman, who is one of the harshest critics of the war occupation of Iraq was surprised to send 336 tons of cash into a war zone. .. The newspaper “Washington Post” the U.S. has revealed a lack of knowledge of how to spend $ 2.6 billion back to the Iraqi government. .. The newspaper reported that the audit of $ 9.1 billion from the proceeds of Iraqi oil has shown that most of the agencies assigned to U.S. military spending reconstruction funds failed to comply with U.S. rules on how to pursue these funds and expenditures. .. The report showed that U.S. officials failed to create bank accounts for $ 8.7 billion into the Development Fund for Iraq also requests the Ministry of the Treasury, making these funds subject to improper use, loss and the report also noted that the U.S. military still retains to $ 34.3 million of this money Although he is required to return it to the Iraqi government three years ago. .. The Coalition Provisional Authority and U.S. officials have put their hands in 2003 to $ 20 billion in Iraqi funds and received permission from the Security Council to use these funds to humanitarian assistance and reconstruction. .. Earlier reports have shown the distribution of large sums of money in Iraq updated from sales of Iraqi oil, and other surplus of the oil for food program after the occupation by U.S. forces in 2003 in ways not controlled. .. The estimated newspaper “The Guardian” reported the British wasted twelve billion U.S. occupation authorities distributed without organization and direction to those who received the largest transfer of funds in the history of the Treasury Department. .. In time have charged three former officers of the U.S. military and U.S. civilians in a scam which has been embezzling millions of dollars from the Coalition Provisional Authority in Iraq. .130. She said, “The Guardian” The United States sent a year after the invasion of Iraq, about 281 million notes of one hundred dollars weighs 336 tons of Iraqi money frozen from New York to Baghdad to cover the expenses of Iraqi ministries and U.S. contractors on the back of transport aircraft giant C-130. .. Details have emerged relating to the shipments of huge funds under a memorandum of specially prepared to meet with a committee of the Congress shall scrutinize the reconstruction in Iraq. http://translate.goo…z0SgE2B8Iq9l8Qw Joey adds: How can they lose that money, 336 tons, like he set it down and lost it. They’ve been arguing, they’ll never get most back, it’s long gone! Joey reads: CBI plans to reduce the high rate of inflation On: Friday 19/08/2011 13:58 Network Day News (HNN) – Deputy Governor of Central Bank of Iraq, Friday, that the rise in inflation for the month of July in 2011 compared Balchehrnevsh of 2010 by 7.1% after it was last year’s 2.4% due to higher prices of allowances for rental homes. The Ministry of Planning and Development Cooperation for the high inflation year for the month of July by 6.2% .. and said the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the rise in inflation for the month of July in 2011 compared Balchehrnevsh of 2010, which amounted to 7.1%, after that was in last year’s 2.4% return causes the high prices of allowances Astijaralldor housing in the country. ” He added that “the central bank will reduce the high inflation to decimal again after that are new plans to monitor the demand for the Iraqi dinar.” He said, ” low inflation requires the activation of development projects and reduce the demand for the dinar Alaariqa for the purpose of the draft consumer to be overlooked in reducing the rate of inflation is the foundation of the Iraqi dinar ” is defined inflation as excessive in the general level of prices and rising incomes in cash or a component of cash income such as wages or profits as well as high costs and excessive in the creation of cash balances. fear a number of economists from the continuing high rates of inflation in the country in the absence of mechanisms to limit the height of the governmental institutions on the management of the economy in the country. http://www.hathalyou…on=view&id=1926 Joey adds: So they are looking at the new plan to monitor the demand of the new Iraq dinar, which is their way out of inflation. Joey reads a similar version of the 1st article above “Association calls for private banks to develop plans to spur mergers”: Banks merge by creating a specific fund that support such projects as that meet the economic feasibility of the country. Either integrated into each other or find a strong partner from abroad assigned… That there are over 40 banks all working up a simple to be unable to support large projects that make them enter international markets for the development of private capital so it was essential that the competent authorities establish a fund which works to support these banks. They’re calling in the outside investor into the banks in Iraq so they can open up their doors to intl markets. Patriot: Huhhhhh? How do you do that without a currency? Do you think that maybe this is a hint that WTO is on the horizon? Joey agrees: One would assume so, that the WTO is on the horizon….. Patriot: Especially when you see the other countries they’re already trading with and forging joint ventures and project agreements. They’re all WTO members. I don’t know about you ‘putters’, but I was never allowed to play golf with the country club members unless I was also a member. Joey: It’s a very possible explanation of what’s going on. You know, geeeze, its just gushing ….everything you read….like this next one… Joey, this is a great one; reads: Integrity begins parliamentary investigation files of the Ministry of Defense for eight years 22/08/2011 12:12 Baghdad, August 22 / August (Rn) – The Parliamentary Integrity Committee, Monday, they began the investigation files of financial and administrative corruption in the Ministry of Defense and eight years, indicating that the collected evidence and the evidence for these files. The Commission on Integrity parliamentary yesterday to refer the three files of corruption to the Integrity Commission related to the age oft he hotels associated with the Ministry of Foreign Affairs and the number six, which were referred within the plan of the Arab Summit and by $ 450 million for each hotel, and school supplies and printing of books referred to a company in the Ministry of Education, and building residential complexes in the marshes . Corruption is a major problem for Iraq since 2003, and a corruption index for 2010 published by Transparency International, Iraq among the world’s most corrupt. A member of the high Nassif told the Kurdish news agency(Rn), “The Integrity Committee began to open the files of corruption in the Iraqi Ministry of Defense from 2003 until this year,” indicating that “the Commission has believed that the ministry has seen corruption in many joints.” Nassif explained that “the Commission has evidence and evidence of corruption in the Ministry of Defense, including the armament contracts and contracts for subsistence, and contracts for catering, “pointing out that “each of the succession to the Ministry of Defense has sold in the corruption.” Integrity Commission and issued in March last year an order referring the director of anti-explosives in the Ministry of Interior, Major General Jihad Jabri to justice on charges of corruption in the contract to import explosives detectors, which is one of the contracts that are subject to corruption. The head of the Integrity Commission Ugaili merciful judge earlier that the former Interior Minister Jawad al-suspended legal proceedings against its terms of reference of the six senior officers of the ministry accused file corruption of the long contracts to import explosives detection devices. The U.S. forces have discovered early last year that most of the readers of explosives imported by the Iraqi government of a British company that is not valid for use, and long procurement contracts, financial corruption, as the price per device per 60 thousand dollars, whereas it is sold in the markets of Britain, at $ 40 only. Against the backdrop of criticism on Contracts for the purchase of equipment used for examining the explosives, the Iraqi government has formed an investigation committee to see the reality of what has been published in the media, the Commission concluded that some of the explosive devices used in the screening checkpoints do not work and decides to with draw it immediately. http://www.aknews.co…knews/2/258318/ Joey disgustedly states: They sold them bogus ammunition, or explosive detectors and allowed people to die. Oh, yea, that’s how bad it has gotten. Whether for money or power or greed or whatever, but to knowingly allow people to die for something one knows he is doing, is beyond description. Deb: OMG….So the Integrity Commission is reporting this? Joey: Yes, and right after that, this one comes out….check this out…. Joey reads: Control report reveals the waste of 706 billion dinars in the Office of the Prime Minister 22/08/2011 pm – 9:20 p.m. Baghdad – the citizen – particularly A report by the Supreme Audit Office of the Prime Minister, regardless of the seriousness of allowances to employees of the Office of the Prime Minister in dollars and then convert it to the Iraqi dinar exchange rate of 1500 dinars to the dollar, causing harm to the public treasury and up to 706 billion dinars. The book raised by the signing of the parliamentary finance committee chairman MP Haydar Abbadi to the Office of the Prime Minister and won(Citizen), a copy of the report which includes the Office of Financial Supervision of the first chapter for the period from 1/1/2011 until 31/3/2011 referred to the Prime Minister’s Office regardless of the seriousness of allowances to employees of the office in dollars and then convert to the Iraqi dinar exchange rate of 1500 dinars to the dollar, has not been adjusted exchange rate in 2009 to 1180 dinars to the dollar, causing harm to the public treasury and up (706) billion dinars ». The report called on Prime Minister’s Office to conduct an immediate investigation and to hold negligent lack of commitment to the instructions and regulations in force and to recover the amounts disbursed to increase from the year 2009. http://www.burathane…cle_134077.html Joey: 706 Billion Dinar is nothing to sneeze at. Patriot: Like 6.5 Million dollars disappearing from Maliki’s office. Patriot: You know, Joey, again, if someone is following the Iraq Project it talks about how they’re going to tighten up internal security. And also rebuilding the infrastructure which we’ve seen a lot of article about electricity and housing and more. But Shabibi is literally yanking out these corrupt people and departments by the root; they caught the Electricity Minister taking bribes; Security officials being bribed to let inmates of the bad gangs out of prison; A minister of the Interior was seen in a photo with 3 guys known to be members of Al Qaeda, right? Joey: Yes, that’s right, and many more. Patriot: It’s almost like Chicago during Prohibition with Elliot Ness, who have done a phenomenal job. And we have to understand, that if they RV the currency for you and while these bandits are still in place, then they’re changing the value for them too, and it could get very bad giving them a huge war chest to carry on their nonsense. This is not just a capricious delay, it is necessary to wait until they’re ready, much is at stake as they try to survive and save lives, now and in the future. Joey reads: Pres. Talabani receives US ambassador to Iraq PUKmedia 2011-08-22 20:05:23 Iraqi president Jalal Talabani received on Monday evening US ambassador to Iraq James Jeffry and Commanding General of US forces in Iraq Lloyd J. Austin in his office in Baghdad. During the meeting, the two sides discussed ways to cement bilateral relations between the two countries in all aspects. They exchanged their views on the political developments in Iraq and ways to implement the decisions which were agreed upon by political leaders in the last meeting. http://www.pukmedia….iraq&Itemid=386 Joey muses: “Oh, really….?” Joey without breathing says wait till you hear this one, Deb, and reads: Necessity to implement Arbil Agreement – Talabani 8/22/2011 10:01 PM BAGHDAD / Aswat al-Iraq: President Jalal Talabani and his two vice-presidents confirmed necessity to develop the political process through implementing Arbil agreement and abide by the resolutions reached during the last meeting of the leaders of political blocs. In a presidential statement, copy received by Aswat al-Iraq, Talabani met with vice-presidents Tariq al-Hashimi and Khudhair al-Khuza’i during which they discussed the situations on the regional , international and Arab arenas, in the light of recent developments. On the national level, they tackled all efforts to solve problems and resort to real dialogues. On 2 August instant, the leaders of the political blocs agreed on many points, including the Higher National Strategic Council and to extend new nominees for security ministerial posts within a period not exceeding two weeks. RM (TS)/SR http://en.aswatalira….&id=144437&l=1 Joey muses again: “Oh, really….?” I think they exceeded the two weeks by a few days…. Deb chuckling: Did I read yesterday they were meeting at Mr. Talabani’s house again? I love it, things happen when they go there… Patriot: The Peace Palace is a happening place! The Magic Cottage Joey says this one goes right along with all the rest, and reads: Expected meeting between Al Maliki, Allawi to resolve differences Writer: The Iraqi future 22/8/2011 12: 00 am Baghdad — The Iraqi future Deputy expected the state of the law-to hold a meeting between the prime minister, Nouri Al-Maliki, the Iraqi List, Iyad Allawi, pointing out that the National Assembly law restricts the three authorities and put them in a ditch. The leaders of political blocs have agreed at their last meeting, which was held at the home of the president of the republic, Jalal Talabani for the presentation of a paper containing the mechanism of the work of the strategic policy to parliament for ratification at him, and the House of Representatives voted in principle to the draft act of the National Council للسياسيات High in principle after I read a first reading. fayyad said: that there is the possibility of holding a meeting between Al Maliki, Allawi to resolve outstanding problems with each other. He added: that the issue of the National Strategic Policy has been given more importance than necessary, pointing out that the political blocs in the initiative of the president of Kurdistan region, massoud Al-Barzani (the erbil) was the role of this advisory council and the decisions to get 80 percent to be bound by the implementation. He pointed out that the council would be there is disagreement when it offers to the vote because it included all powers and put them in a ditch. http://www.almustakb…ow.aspx?ID=8088 Joey reviews and repeats:…and puts them in a ditch. (…stops them, delays them…) …the last meeting which was at the home of President at Talabani’s for the presentation of a paper containing the mechanism of the work for the Strategic Policy of the Parliament for ratification ……. The presentation of a paper containing the mechanism… sounds like they signed something doesn’t it. Deb: Signed a mechanism Patriot: I love the word Mechanism, and also Implementation. Deb: My favorite word is: Imminent! Has in article on that word coming up… Joey reads two on Port of Mubarak: Maliki heads a meeting to discuss the report of the technical delegation that visited the port of Kuwait on Mubarak Monday, August 22 / August 2011 14:19 Chaired by Prime Minister Nuri al-Maliki called for a special meeting to discuss the report returned by the technical delegation from his recent visit to Kuwait, for the port of Kuwait, Mubarak, who is working on its creation. A statement from the prime minister said: “The meeting which was held in the presence of Rose Nuri Shaways and Hussein Salehal-Shahristani, deputy prime ministers and foreign ministers, transport, environment and head of the delegation Thamer Ghadban discuss various aspects of the project.” The statement added: “Torteurard report on the next meeting of the Council of Ministers and the presence of all members of the delegation and the experts who visited Kuwait and contributed to the preparation of the report.” The technical delegation headed by Senior Adviser to the Prime Minister Thamer Ghadban visited Kuwait to discuss the crisis in the port of Mubarak. A source in the delegation told [where] that “the talks were positive and that the Kuwaiti side of the Iraqi delegation was informed that it will not build a fourth phase, which affect navigation in the Khawr AbdAllah / End – PO http://www.alliraqne…10522&Itemid=86 Joey: Kuwait is seeking to reduce the impact of Mubarak in the port of Iraqi navigation 22/08/2011 Cabinet discusses the report of the Technical Committee tomorrow BAGHDAD – morning Prepared by the Technical Committee, who visited Kuwait recently, its own port Mubarak, in preparation for discussion at the Council of Ministers tomorrow, without revealing its content, but a source close to the detection of the “morning” on the Kuwaiti side expressed its readiness to Take procedures limit the impact of the port navigation in Iraq. The Technical Committee rejected the President, Chairman of the advisers in the Prime Minister Thamer Ghadban, disclosure contained in the Commission’s report, saying only: “The Technical committee completed its tasks and prepared its final report to be discussed at the Council of Ministers on Tuesday.” The “morning”, saying: “The issue of such a task should be discussed thoroughly.” The Anger, “The Technical committee, which visited Kuwait recently has no power to negotiating, but the Technical committee did not address the professional aspects of any political.” For his part, revealed a source close to the government delegation, who was briefed on the ground port of Mubarak, the presence of Kuwaiti wish to make changes in the structure design of the port which is located in the body of water in the Khor Abdullah to remove the negative impact on his residence. “Al-Sabah,” the source said the delegation, who returned Thursday from Kuwait will report on various aspects of the project, the Kuwaiti crisis and solutions provided by the parties and Technical advice aimed attending the crisis. The experts on marine had confirmed earlier in the “morning” that the only solution to solve the port and ensure the stability of the region in the future is crawling the project site from the area in the narrow Khawr Abd Allah waterway to the coast on the Persian Gulf open. The source revealed that the proposals for Kuwait, which plans to be implemented and submitted to the Iraqi side is to change some of the tracks on the water surface of the port of Khor Abdullah and the abolition of stages of construction plans is inconsistent with the Technical solutions developed by the Kuwaiti side. He said the delegation headed by Thamer Ghadban included the chief of naval force and the Director of Military Survey and the General Manager of ports and an official Centre of Marine Sciences at the University of Basra and experts in the law, stressing that the committee will be presented the minutes of the joint meeting with the Kuwaiti side, and the results of the report prepared by the Council of Ministers on tomorrow to discuss it so they can be to take the appropriate decision thereon. A delegation from the Ministry of Transport had accompanied the delegation of Foreign Affairs last May to Kuwait for the same purpose, and prepared a report, said in one of its paragraphs that the location of the port of Mubarak’s totally inappropriate in terms of navigation and move to another location on the Kuwaiti coast with a length of 500 km achieves safety and maritime security of ships in the Khor Abdullah bound for the port of Umm Qasr. Leading to a description of the state law Sami al-Askari described the military buildup on the Kuwaiti border with Iraq “the wrong procedure and the step is not wise,” calling the region’s countries need to abandon the approach to the military threat, especially since the issues can be resolved through dialogue. Sami al-Askari said in an interview for “Alsumaria News”, “the crowd of Kuwait on the Iraqi border is the concept ever since the problems between the two countries, especially those related to the port of Mubarak, do not solve such a way,” he said, adding that “the procedure Kuwaiti wrong and an unwise” . He asked the military “nature of the message you want to Kuwait that inspires Iraq mobilized the military,” expressing surprise “from the perception of Kuwait, they can frighten the Iraqis to mobilize a few hundred or thousands of soldiers on their borders.” And called on the military, a leader of a coalition of state law, the region’s countries and their governments to “abandon the approach to the threat of military or military build-up, especially since the issues are the kind that can be solved through dialogue,” as he put it. He accused the military of some political forces in Kuwait to work on “fanning the air People against Iraq”, describing these developments to “approach the grave was not in the interests of both countries.” The Committee on Defense and Security Parliamentary revealed ,on 17 Aug., about the moves freely, “suspicious” carried out by the Kuwaiti side in the Persian Gulf, noting that the United States has not yet submitted their reports on the military buildup in the areas of Safwan and the Persian Gulf and the port of Mubarak, to the Iraqi government. The Kuwait began on the sixth of April, the establishment of the port of Mubarak Al-Kabeer in Bubiyan Island near the Iraqi coast, after exactly a year to develop Iraq’s transport ministry the foundation stone for the construction of the port of Faw, what caused the outbreak of the crisis between the two countries, while the view the Kuwaitis that Mainahm will have the results of economic and strategic task, confirms officials and Iraqi experts that the port of Kuwait will reduce the importance of Iraqi ports, and restrict navigation in the Khawr Abd Allah channel leading to the ports of Umm Qasr andKhor Al-Zubair, and make the draft port of Faw “worthless.” Iraq had formally requested from Kuwait, on July 27 last, stop working temporarily to the project, for while making sure that the rights of navigation are not affected in the event of completion of the project, but that Kuwait announced its rejection of the application, arguing that it is not based on any legal basis, and renewed emphasis The project is located within its borders, and not hinder navigation in the Khor Abdullah. http://www.alsabaah….w.aspx?ID=12523 Joey: It’s nice that someone in the Iraqi press tells us the truth for a change. Patriot: Yep, and that large vessels weren’t going to interfere with each other. Some of these super-vessels create huge wakes in tight spaces that can cause problems in tight spaces. Much of the measurements must be in miles/ KMs to be sure nobody is hurt, or that major damages don’t occur, or worse, that once the traffic begins flowing, that they don’t have to stop and change major portions that need to be correct right now. Joey reads: from International News Agency, Baghdad & Basra Official announced that foreign companies and international racing to enter the province post by net no doubt The international news agency, Baghdad / Basra / Shehab Ahmed Mahmoud .A local official announced that “foreign companies and international racing to enter the province for the chance to work,” although there are some administrative obstacles, . . He said the Second Deputy Governor of Basra, Dr. Ahmed al-Hassani told Baghdad International announced today that “businessmen and representatives of major international companies visiting Basra are continuing to study investment opportunities and development in it. He stressed the desire of the local government to contract with companies known and solid in construction and services strategy and added that” the most Activity hindering international companies specialized in services and infrastructure is the banking transactions with the laws of Iraqi banks., he said, those companies that show concern and fear of lack of conviction, bank guarantees and legal dealings in Iraqi banks and financial exchanges with those companies http://dinarvets.com…_1 Joey: There’s Shabibi and his banks again…strict convictions again Patriot: Yea, they can’t allow them to make changes in mid stream. It means sticking to the promised procedures. They can’t cut deal then going along, the deal changes on each other, after financial plans have been made. Both have to hold to the original contract, and be capable of delivering what is expected by both parties. Deb reads: Egypt Air resumes flights to Iraq after 20-year absence CAIRO, Aug 21 (KUNA) — Egypt’s state-run airline, Egypt Air, announced Sunday it would be reopening its Cairo-Baghdad route next Saturday after 20-year hiatus. Resuming the air link had been postponed a number of times, due to procedural and administrative problems related to the movement of staff and passengers, Egypt Air Chairman, Hussein Masoud told reporters. The route was discontinued due to several reasons, predominantly the decrease of passenger traffic between the two countries as a result of the situation in Iraq and the granting of security approvals and travel permits for airline staff. “We will start next Saturday to operate two weekly flights to Baghdad, and on Monday, 29 August, by operating two flights to Irbil,” he confirmed. The airline will then decide on whether to increase the flights, judging the volume of passengers. http://www.kuna.net…..08&Language=en Deb Reads: Linking PBX system, the smart card August 22 2011 Announced that the Directorate of Telecommunications and E-Muthanna, said the company’s public communications, mail and directed by linking all the PBX system, the smart card (prepaid) according to the card (IN) “. The Engineer Muhannad Ali Abdullah Communications Manager Muthanna:” It will be linked to all the switches to maintain in the next few days will be distribution of smart cards to subscribers, the three categories, 5 – 10 – 25 thousand dinars. “Abdullah added that he” will also be linked to the Internet service. “indicating that” service is currently available on the code (180), free of charge until the end of 2011 and a user can access this service. Read more: http://dinarvets.com…/#ixzz1Voafp7Vh Patriot: PBX is a payroll system, so apparently people will be paid on these cards, like a prepaid debit card. 85 % of people don’t trust the banks and don’t have accounts so this is a brilliant move to link the auto pay electronic systems to the Smart cards so that people can get some positive experiences using digital money for immediate receipt of direct payroll deposits, and hopefully soon, they’ll be more willing to give the banks another try. Deb says my good friend, Diana asked me to read this; Deb reads: Maliki Calls UAE Companies to Invest in Iraq 18/08/2011 – 2:20 Iraq’s Prime Minister invited Wednesday UAE companies to invest and work in Iraq A statement received by Forat TV was issued from office of Nuri al-Maliki, quoted on him as saying during a meeting with UAE Ambassador to Baghdad, Abdullah Ibrahim Al Shehhi that it is necessary to resolve issues and problems that hamper the contracting process in order facilitating investment opportunities. He also, called companies to begin operations in the construction and reconstruction projects that have been agreed upon in principle. For his part, UAE ambassador expressed his country’s desire to invest in Iraq , where trade level between Iraq and the UAE has raised significantly from past years. Al Shehhi also called for the activating of Joint Committee’s work between the two countries with a desire to enter into various agreements, particularly in the field of investment protection, and customs duties. http://www.alforattv…=article&id=577 Deb, Diana found another source to the article that was read with the word imminent in it – The link to the 1st article just could not be found that everyone had the other day..missing……hmmm But she found another source.. Deb reads: Economist: Central Bank of tools to install the exchange rate raised the inflation rate 8/20/2011 3:54:47 PM Baghdad – The Constitution The economic expert Dargham Muhammad Ali that the causes of rising inflation in recent years caused by the tools used by the Iraqi Central Bank to stabilize the exchange rate with the lifting of the value of the dinar and maintain the stability of the market. Ali said in a study by the reasons for the high inflation in recent years caused by the tools used by the Central Bank Iraq to stabilize the exchange rate of Iraq and raise the value of the dinar and maintain the stability of the market in conjunction with government policies wrong in drawing tracks economic cross-rein shocks inflationary raised the rates of inflation. He explained that the rates of inflation growing, in recent months, something attributable to the reasons for non-cash, but for reasons of legislative and legal by imposing some restrictions of imports and the imposition of customs on imported goods, leading to high rates of annual inflation to (6.5%) during the two months the last. He added that this rise worrying signal needs to processors shared between the government and the central bank without the need to change interest rates, the current being at acceptable rates, where the group must be at the exchange rate if Matovrt flexibility to reduce the dollar exchange rate in conjunction with the imminent implementation of the policy to delete the zeros by the Central Bank. He said that making the annual inflation rate ranges during the last year and beginning within the limits of (3 and 4%) which is internationally accepted depending on the dinar exchange rate stable and the relative stability of legislation and income levels. The expert stressed the economic need to ensure increased support for basic food commodities through the ration card which factors as a whole will lead to the absorption rate of inflation in conjunction with the need to work on improving the country’s energy being add the cost of a local product and basic services. http://translate.goo…%2FDefault.aspx http://www.daraddust…61/Default.aspx Joey reads about the HCL law: To adopt the parliamentary energy commission, the draft law of oil and gas, government August 22nd, 2011 08:10 am · Posted in NEWS (Iraq & World Currency) Baghdad, August 22 / August (Rn) – The Commission on oil and energy in the Iraqi Council of Representatives on Monday, its dependence on the government version of the draft law of oil and gas instead of the version submitted by the last week in the Iraqi parliament session. And wait for the oil and energy legislative draft was sent to law by the Iraqi government, such as the study presented to the Parliament for discussion and vote on approval. The government’s Energy Committee, headed by Deputy Prime Minister Hussein Shahristani, has handed over the middle of the Council of Ministers a draft law last month after completing adjustments. A member of the Commission on oil and energy parliamentary Furat al-Shara told the Kurdish news agency (Rn) that “the Commission on oil and energy parliamentary decided to rely on a draft law prepared by the government instead of the draft law put forward by the last week in a meeting of the Council of Representatives.” He continued by saying that his committee will be presented the first reading of the law after the amendments to it after a week of his arrival. The oil imports about 95% of Iraq’s budget, but so far nothing in the law regulating the affairs of the country despite the conclusion of many of the energy contracts with international companies to develop Iraqi oil fields. And the failure of the House of Representatives to pass Bdorth previous oil and gas law, which was expected to rise oil situation if approved. Shara added that “the parliamentary committee waiting for oil and gas law from the government to reduce oil contracts that do not sponsor political general oil for the country.” The absence of law and the cause of a number of problems in this sector, particularly oil contracts signed by the Kurdistan Regional Government with international companies to develop fields, and Baghdad says it is “illegal”, while confirming the region “compatibility with the Iraqi law.” Iraq has the OPEC member’s fourth-largest oil reserves in the world. The giant international companies in the field of energy has won contracts through three rounds of a license to develop oil fields discovered untapped. Although the Iraqi government predicted the arrival of its crude oil production to about 12 million barrels per day over the next five years, but experts have questioned the production and access to that goal, and said that seven million barrels a day was a reasonable figure. http://bit.ly/qgAac9 Joey: They’re always lying to us saying things are not done, then you find an article like this and you say, Last Month? oh, okay, but then it always catches up to them. You can’t run you can’t hide we’ll getcha’. Joey wants to read her last article, which is her favorite for the day: From the news last night on TV at home, I was watching the people of Tripoli rejoicing and celebrating, and crying and waving their flags. I was able to see the bombed out buildings and cars on fire, or smoking and the looks on their faces that only they could understand from what they’ve lived through….but this article says: Joey reads: Vice chest: the democratic process in Iraq encouraged the Libyans and Arabs to rise up against their rulers AUGUST 22ND, 2011 02:44 PM · POSTED IN NEWS (IRAQ & WORLD CURRENCY) *****MP on the mass of Liberal Member of the Committee on Foreign Relations Rafi Abd al-Jabbar “The democratic process in Iraq prompted the Libyan people and some of the Arab peoples to rise up against their rulers.”***** Said Abdul-Jabbar told all of Iraq [where] the day that *****”what happened in Iraq from the practice of democracy through the holding of elections to choose who governs the country, gave hope to the Arab nations to give serious thought to a change of rulers Gatmin the seat of government for decades.”***** “As the resistance is weak by the President of the former regime in Iraq in maintaining his regime and hiding in a hole under the ground gave a clear picture of weakness, and weakness of dictators,” noting that “the attitude of the tyrant lean removed the barrier of fear in the hearts of the Arab people from their rulers.” Abdul-Jabbar called “the leaders of the Libyan revolution and other revolutions Arabic to beware of the exploitation of the results of revolutions by the imperialist countries,” noting that “these countries were once an ally of the totalitarian systems, which rebelled against it.” The Libyans took control of the rebels on Sunday evening on the most important themes in Tripoli and began the decisive battle against the regime of Colonel Muammar Gaddafi, his sons were arrested after Mohammed and Saif al-Islam, Saadi, and take a battalion charged with protecting the Gaddafi disarm and surrender to the rebels The President of the Transitional National Assembly, which represents the rebels Libyan Mustafa Abdul Jalil, a “firm word about the arrest of Saif al-Islam, son of Libyan leader Muammar Gaddafi. Jalil said in a press statement,” There are reports confirmed the arrest of Saif al-Islam Gaddafi, and is in a safe place under tight security until the to submit to a fair trial “ Abdul Jalil, also announced that “the eldest son of Mohammed Gaddafi surrendered to the rebels” / End – PO http://theiraqidinar…t-their-rulers/ Joey comments unintentionally prophesying: That little bitty democracy in Iraq, for all it’s current turmoil and uncertainty, but look at the wave of effect it is already having on hope in the region. And this is why Libya, and Syria, and Iran are so wary and afraid of what is coming to them. The little seeds of hope, spring life. Like Mr. O’Bama said last night, Freedom is so much more powerful than an Iron Fist; Freedom, people will die for. Joey: It was amazing watching those people last night. Libya is just another notch in the gun. Iraq must have been very honored to have Libya’s interpretation be pointing to the example of the Iraqi’s and the American families that sacrificed and suffered, to get the indirect accolades, of helping Iraq in this case to be the model. Without our liberation effort to help the Iraqis, Egypt and Libya may not have united their thoughts and efforts against the Iron Fist of a dictator. Patriot: Vic has made the same inferences over the weeks about Iran. They fear democracy will spread to other nearby countries, more than weapons or ammunition, or anything else. Joey: And it already has spread….See Libya! Squad confers: Yep, that’s all the really good stuff, enough for the evening. Louis Armstrong cues up! What A Wonderful World! Call Continues; Transcript Ends: Love’s Love (Scott) LINK

NO TFK... He's saying WTF... I think he's trying to say, Wednesday, Thursday, Friday not Tuesday

I posted this a few mins ago

3 Days of Rocking News in one call The Call Squad August 21, 2011 Episode 79 Patriot, Joey, Vic, Tim, Scott, Steve, Diana, Deb, Pam, Yukon The Call Squad broadcasts: Sunday thru Thursday, 8pm to Midnight EST, even after the RV Or call for Replays of every night’s calls: 760-569-7699, pin 637255# or Backup 194924# Download/Playback Deb reads: Finance Committee meets Iraqi Central Bank Governor Sunday August 21, 2011 Met Haider Abadi, head of the Finance Committee on Tuesday, 16/8/2011 Mr. Shabibi central bank governor, and also discussed the project to delete the zeros of the Iraqi dinar and the reasons and legal requirements and accounting and procedural preparations conducted by the Central Bank of the process of printing, transporting and distributing the new currency as well as the role of the Finance Committee in support of this project. For his part, Shabibi that the new currency attributes are difficult to falsify in addition to the fortifications that put the new currency and explained that the project if implemented will enhance the Iraqi dinar exchange rate against foreign currencies. At the end of the meeting, both sides agreed to hold further meetings to continue discussions on the project. http://www.parliament.iq/Iraqi_Council_of_Representatives.php?name=articles_ajsdyawqwqdjasdba46s7a98das6dasda7das4da6sd8asdsawewqeqw465e4qweq4wq6e4qw8eqwe4qw6eqwe4sadkj&file=showdetails&sid=5368 Deb Comments: This actually took place on the 16th of August and was posted on the Parliament Website today which is pretty exciting. And I think a couple Joey will read will enhance this article. Joey reads: for the devaluation of the dinar: small traders destroy our monetary policy Central dropped the dinar: small traders destroy our monetary policy Home News Central News Sunday, August 21, 2011 00:00 Experts: sale of crops increased demand for the dollar .. Experts: sale of crops increased demand for the dollar .. Istanbul, Dubai and accept to buy Iraqi currency Istanbul, Dubai and accept to buy Iraqi currency BAGHDAD – Nasser Bijari BAGHDAD – Nasser Bijari He attributed the owners of exchange companies, on Saturday, the devaluation of the dinar against the dollar to rise in the demand for the latter in conjunction with the high prices paid by the government to purchase crops, while attributing the central bank to “rig speculators”, stressing that the reserves of cash has proven its efficiency in the exchange rate since six years, and noted that the dinar trusted other countries, which are seeking to buy the largest mass of cash from it. The exchange rate of the dinar against the dollar, in Baghdad and the provinces, has seen volatile and clear during the past two days, ranging purchase price of the dollar to 1120 dinars / dollars, and the selling price of 1121 and 1123 dinar / dollar, and ranged the purchase price, in the provinces, to 1119 dinars / dollars, and the selling price to 1121 dinars / dollars, according to experts, they said “the world”, the dollar registered a rise of three points of its value last week. Jamal Al Ajili, director of foreign remittances, in an interview with “the world” yesterday, said that “most of the savings of Iraqi citizens are currently in dollars, not Iraqi dinars, which is still a source of concern to him in case of different exchange rates of foreign currencies.” And the reasons for the high value of the dollar against the Iraqi dinar during the past few days, Ajili refers to “high demand for the dollar in the Iraqi market, which began preparing to provide all the needs of the agricultural sector.” Explains by saying “after the state bought all the local production of crops of wheat, barley, and prices high in support of the segment of farmers, beginning farmers to transfer what is received from the state of the dinar to the dollar and buy cars and harvesters, seeds, and fertilizer and everything it needs.” And confirms Ajili that “this sudden demand will increase the value of the dollar, especially if we know that 80% of the volume sold in the auction the Central Bank is intended for foreign remittances, here becomes the proportion of the remaining 20% ​​is sufficient to meet local market needs.” The price of the dollar on Thursday, in the currency auction run by the Central Bank, about 1170 dinars / dollars and did not specify the purchase price for a lack of offers for sale by the shareholders, while the total size of the amount sold by the bank 188 140 000 dollars. It is said that the sale price of Alihulat top of the sale price difference of 1183 dinars / USD, ie by addition of 13 dinars per dollar, the Central Bank will also deduct a commission sale directly with the same value, according to an official source at the bank’s “world” on Saturday. And the volume of demand witnessed in the local market on the dollar, explains managing director of banking saying “I got myself a license from the Iraqi banks for the payment of Akiem sale of grain for farmers, and this was to facilitate the functions of banks Rivers and good governance in public areas,” he said, adding that “peace alone, more than 10 billion dinars, and a large portion of them asked directly converted to dollars. ” And on the impact of the global financial crisis on the Iraqi economy, says Ajili “Most transactions of the Iraqi market is now with the outside, and are specifically through banks Arab Emirates that are affected on a daily basis any fluctuations in global and reflect on its dealings with Iraq or any other country,” he said, adding that “banks GCC always trying to convert the loss of customers, including Iraqis, for example, resorting to raise interest rates or raise the rates of withholding. ” He believed Ajili that lifting the zeros from Iraqi dinar would lead to increased confidence in local currency, explains “After you delete the zeros will drop the phenomenon of trading blocs, the large cash used by Iraqis since the nineties,” noting that “some countries have started to deal in Iraqi dinars, during the transformative amounts of both Iran and the UAE , Syria, Jordan and Egypt, asking me the other side as the customer wants to receive Hwalth also dinars, and this means that the dinar is available with large quantities. “ In turn, denied the central bank fears of market transactions, they are not nothing compared to auction the currency, which has kept the selling price fixed for more than six years and is a great achievement, “according to the appearance of Dr. Mohamed Saleh, a senior official in the bank. Suggests the appearance, in an interview with” the world “yesterday that” the Central sought to cover the value of the dinar, and two days before the value of financial cover outside of the local currency of more than $ 57 billion, more than 110% of the money supply Iraqi, “he adds,” This is an enhancement of the value of the dinar, “revealing the “the bank to cancel the transfers of many of the outside carried out by banks and companies, money transfer, because of doubts as in paragraph (money laundering)”. He held a senior official at the Central Bank “of Iraqi banks a great responsibility to promote the transactions with suspicion of money laundering,” he said, adding, “Everyone knows that the situation in Iraq is still unstable, and for that For all arms cooperation to end this dangerous phenomenon and the protection of the country’s security and economy of the country.” Regarding the concerns raised by the volatility rate of the dinar against the dollar during the past few days, confirmed the appearance of “Iraq’s possession of reserves sufficient to stave off any tricks performed by speculators.” He attributed the volatility of exchange of the dinar to “speculators, and, unfortunately, while refusing their requests, inventing such things speculative exchange rates and others, but things do not deceive us,” adding that “some are speculating the market in the month of Ramadan and Eid, the holiday season, they Astervhon Unfortunately, the small traders and this does not means nothing, what concerns us the wholesale market stable. ” And Raising the zeros of the dinar and the restructuring of the currency, said the appearance of the “Central finished fully prepared and referred to the government and the Council of Representatives to discuss it calmly, a project of strategic and long-term, I do not say it will happen tomorrow or after tomorrow, because it projects the reform of management of resources, the currency in Iraq” . He pointed out that “the restructuring means the issuance of a combination of the different categories of existing categories, and the lifting of the zeroes means that the number of account will be lower, does not affect the value of the currency and transactions of individuals and their income and wealth does not affect the contracts and obligations of individuals contractual and mandatory, arguing that” the total money supply of currency, amounting to about 32 trillion dinars and after the replacement will be less than 30 billion dinars “. http://www.alrafidayn.com/2009-05-26-22-07-53/36105-2011-08-20-21-43-13.html Joey adds: he’s really saying the same thing that Deb just read, they’re rolling out the lower denoms, it won/t change the value of their currency; variations in their currency, no fear to effect income or their wealth; and it will increase desire for dinar in the marketplace. Joey reads another that she really likes this weekend: Economist: Central Bank of tools to install the exchange rate raised the rate of inflation study On: Saturday 08/20/2011 13:46 Baghdad (news) .. The economic expert Dargham Muhammad Ali that the causes of rising inflation in recent years caused by the tools used by the Iraqi Central Bank to stabilize the exchange rate with the lifting of the value of the dinar and maintain the stability of the market. Ali said in a study sent by (of the Agency news) said on Thursday that the causes of rising inflation in recent years caused by the tools used by the Iraqi Central Bank to stabilize the exchange rate of Iraq and raise the value of the dinar and maintain the stability of the market in conjunction with government policies wrong in drawing tracks economic cross-rein inflationary shocks that raised the rates of inflation. He explained that the rates of inflation growing, in recent months, something attributable to the reasons for non-cash, but for reasons of legislative and legal, by imposing some restrictions of imports and the imposition of customs on imported goods, leading to high rates of annual inflation to (6.5%) during the two months recently. He added the rise is worrying signal needs to processors shared between the government and the central bank without the need to change interest rates current as at acceptable rates, where the group must be at the exchange rate if Matovrt flexibility to reduce the dollar exchange rate in conjunction with the imminent implementation of the policy to delete the zeros of by the Central Bank. He noted that making the annual inflation rate ranges during the last year and beginning within the limits of (3 and 4%) which is internationally accepted depending on the dinar exchange rate stable and the relative stability of legislation and income levels. The expert stressed the economic need to ensure increased support for basic food commodities through the ration card which factors as a whole will lead to the absorption rate of inflation in conjunction with the need to work on improving the country’s energy as it adds a cost of local products and basic services, in addition to the need to pressure government expenditures is the basic in the operational side. / End / 12. t. M / http://translate.google.com/translate?hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&tl=en&u=http://www.ikhnews.com/news_view_15662.html Joey adds: I don’t think it gets any plainer than that (repeats underlined above). Patriot : All we’re missing is a date and a rate; Yippee Joey: reads: Warn of the effects of the new currency to be negative and strict procedures BAGHDAD – morning The Central Bank of Iraq is heading towards the printing of new currency after deleting three zeros had announced last year, bank expert warned of dire consequences may result from this process in the event of failure to take tough measures to reduce these effects. It is useful to note that many countries already in Iraq go through such experience and has taken measures capable of maintaining the real value of cash Btabath ancient and modern, while stability of the edition of modern Turkey, Brazil and many countries of the world have experienced deleting three zeros, but managed to limit effects caused by the experience. The expert said that the bank change the currency by removing three zeros will lead to disastrous effects if the monetary authority has not taken firm action to reduce them. The executive director of the Association of Iraqi private banks Aziz Hassoun in an interview for (economic morning) that all the international experiences have passed this stage, such as Brazil and Turkiyao other countries, resulting in side effects and affected even the general level of prices towards the ascent, which led to the decline in the purchasing power of the currency. He stressed the need for the Central Bank of Iraq to take strict measures to strengthen the capacity of the decision to maintain the value of the cash by creating the required balance in the value of cash between the two currencies. Goldfinch warned of the instability of the exchange rate to act firmly to maintain the exchange rate equilibrium does not prejudice the value of currency in circulation of two currencies, and monitor the behavior of speculators who are trying to exploit the circumstances, as happened with the beginning of the occupation when you change the currency, where excelled others in the field of forging the new currency and the creation of differences between the categories of cash in the discharge and other tricks and manipulation, stressing that the experience was harsh and effects found so far by the launch of the decision to convert without follow-up time. On the possibility of the banking sector in creating awareness about the value of the required cash said that the banking sector on Bakiem notify customers of their currencies at the time of entry into force of the decision. He said it is important how to deal ministries and government departments and the private sector to the new situation and carry the responsibility of creating a citizen’s confidence in a strong new currency and the new reality, through their actions and dealings with the new publication. He stressed the need to study the reality of salaries and wages and maintenance of the required balance so as not to reflect the impact on the purchasing power of the citizen in case of a change of currency and without prejudice to acquired rights of staff and workers. He called the central bank to the need to control the exchange rate effective tool in achieving the required balance and maintain the value The real criticism of the new, stressing the need to address the counterfeiting of currency. He concluded his speech (economic morning) the need for a CBI ability to perform not only make decisions and the formation of work teams have the ability to address all possible effects of treatment and their pace consistent and sustained follow-up implementation of the resolution and it may accommodate effects caused by the experience of the new edition after the occupation and painful effects that remain even now. The Iraqi Central Bank has approved a change the old currency after deleting three zeros and make them carry printed in three languages ​​for the purpose of submitting them to the concerned authorities for approval and ratification, without specifying a date for circulation. Patriot: Boy are they playing it close to the vest, without giving a date and rate. Joey reads: Shabibi .. Is it enough to replace the Iraqi currency to save it from collapse? Saturday, August 6, 2011 PM – 6th September 1432 – Issue: 8455 In the past years have fallen Iraqi dinar value due to inflation and deterioration caused by economic sanctions imposed on Iraq after the Kuwait war, through the fall of Baghdad in 2003, to turn into a semi massacres day All these factors made the value of the dinar is going down, prompting the central bank in the same year resort to the adoption of a new mechanism to maintain the dinar’s exchange rate lies in the development of an auction foreign exchange to sell quantities of the dollar, resulting from the sale of oil in world markets, and converted to the Development Fund for Iraq, which transforms in turn to the bank to sell in local currency, but it was not enough to save the value of their currency collapse, under the terms of the price fall to become a day about 1120 dinars per dollar. Thus pushing the Iraqi Central Bank’s decision to replace the currency Atkhama by deleting three zeros in an attempt to raise the value of the world. Has announced Shabibi Iraqi Central Bank Governor completing the preparation of a plan to replace the current banknotes after the cancellation of three zeros, and include 30 trillion dinars (26 billion dollars), is the value of expected cash bloc, stressing that the timing will be determined by the government and parliament, Iraqi. On the other hand, sees the first in the Central Bank of Iraq the appearance of Mohammed Saleh said that the fundamental problem in the timing of the single currency only, but the application of the new project will be according to mechanisms scalable in the form is not felt by the citizens, are put quantities in the market and the withdrawal of which is maintained by the government banks of the block and replace , and remain only in the possession of the citizens of the trading day, and can conduct his business in the two currencies of any existing and new goods as current price, for example, JD 1000 The customer can give the seller the present paper a class 1000 dinars, as well as be able to give him a coin a new category of one dinar. In the view of economists that this action is not enough to save the Iraqi dinar from collapse as long as the Iraqi economy is weak currency should always be linked strongly the country’s economy, and the best proof of that the United States where the dollar dropped because of debt and faltering economy, and generally coming days will determine, either revalue the Iraqi currency if there is demand for it globally or to depreciate more. http://articlesofinterest-kelley.blogspot.com/2011/08/shabibi-is-it-enough-to-replace-iraqi.html Joey: Whoa, that is a big important article. Patriot: You just read this will be global value; there goes the myth some have claimed it would be Iraq only, I don’t think so. We will be able to exchange anywhere in the world, not just in Iraq. Cool Article! Joey: Warka Iraq Are Preparing for Merge With Standard Charter Source: Dar Al Hayat – 19/08/2011 Announced the «Bank« Warka »near the Iraqi Special integration with« Standard Chartered »British, at the request of the Iraqi Central Bank raising capital all private banks are to have 250 billion Iraqi dinars (200 million dollars) before the end of 2013. The Executive Director of «Warka» Mohammed al-Samarrai and the existence of an agreement for integration reached its final stages between the two banks, Iraqi and British, giving the first bank’s ability to finance major projects. He stressed that the integration of the bank with a giant foreign corporation will increase the confidence of customers and the government and the Central Bank of Iraq. The central bank called on the Iraqi private banks to merge with each other, to ensure the composition of large amounts of capital to facilitate the work of financial and enhance the confidence of the citizen. The source of the «Union of Iraqi banks» of «life» that «private banks refuse to integrate, as family banks, not financial institutions in the true sense. Every family wants to sit on the throne of a financial institution does not share the second family». The source explained that the first merger will be agreed between the four private banks, noting that «there is no solution to the integration of these banks only, as it is obliged to submit financial statement to the end of 2013 as the central bank raised its capital to 250 billion Iraqi dinars». And operating in Iraq six Arab and foreign banks are private «Arab Banking Corporation» Bahrain and «Turkish Agricultural Bank» (aprons) and «Bank Melli Iran» Lebanese banks and «Byblos» and «Intercontinental» and «Beirut and the Arab countries». The Iraqi financial institutions are seven state banks, five of which specialist cares for the industrial, commercial and housing, and 30 private banks, of which seven are Islamic. http://www.iraqdirectory.com/DisplayNewsAr.aspx%3Fid%3D16570 Joey: Wow, I love the bank articles that help us explain the daily developments of this event proceedings. Joey: Now Vic and I are going to talk about one, right Vic? Vic: Yep, we need a Yippee Deb, like only Deb knows how to say…Say it again, Deb! Deb: Yipppeeeee Vic: Jackson Hole, Wyoming? Joey reads from an article found on another site: Jackson Hole Economic Policy Symposium AUGUST 21ST, 2011 07:11 AM · POSTED IN NEWS (IRAQ & WORLD CURRENCY) The Facts: 2011 Jackson Hole Economic Policy Symposium The key event in central banking, and certainly the mind of the markets, for this week will be Ben Bernanke’s “Jackson Hole speech” scheduled to take place Friday the 26th of August at 10am ET. The regular event is where US Federal Reserve Chairman, Ben Bernanke, in 2010 introduced the idea of a second round of quantitative easing (aka QE2). Naturally this has driven a lot of speculation about what he may say this time; certainly if nothing else, it will provide an insight into what the FOMC (Federal Open Market Committee) is thinking about the US economy, and how it is factoring that into its policy making. Listed below are some of the key facts that have been released on the 2011 symposium so far LINK: What: Economic Policy Symposium Where: Jackson Lake Lodge, Jackson Hole, Wyoming, USA When: Ben Bernanke will speak at 10am ET on Friday the 26th of August (the Symposium runs from 25th-27th of August) Who is attending: Central Bankers, Finance Ministers, Academics, Financial Market Participants (see 2010 attendance list) What is the theme: The theme has not been released yet, there will likely be due emphasis on sovereign debt and alternative policy tools When is the next FOMC meeting: 20 September 2011 (the 9th of August FOMC meeting minutes are scheduled for release on the 30th of August) The History of Jackson Hole: “Each year since 1978, the Federal Reserve Bank of Kansas City has sponsored a symposium on an important economic issue facing the U.S. and world economies. Symposium participants include prominent central bankers, finance ministers, academics, and financial market participants from around the world. The participants convene to discuss the economic issues, implications, and policy options pertaining to the symposium topic. The symposium proceedings include papers, commentary, and discussion.” http://************.com/2011/08/21/jackson-hole-economic-policy-symposium-august-25-27-2011/ Joey: This is a huge symposium that is making world news and sounds like a perfect place for us to get Shabibi to sign T-shirts for our souvenir collection. Shabibi will attend this; Bernanke, and many board members and key executives of major Multi-national banks; Federal Reserve Governors and Nations…the list goes on 6 pages of global finance leaders and media. Vic: Since 1978 the Fed Reserve bank of Kansas City has hosted an annual economic symposium, this is not new, it is a tradition, with the purpose to focus on a topic that is not of present economic concern but is looking at future of emerging issues and trends. With that said, referring back to a chat with Joey earlier. Vic: Talks about Shabibi’s capacity as one of the top economists in the world, his vast education and going back in history he has been involved in a lot of developments throughout 3 decades of financial history. Back in the 1970s Dr. Kissinger made major inroads with Arab Nations of OPEC; Kissinger was able to negotiate an exchange of our purchases for OPEC oil with their agreement that Arabs would buy US T-Bills and Bonds. We know a lot is coming out of this Jackson Hole symposium. And IMO, though it may not be totally predictable immediately word for word, but all of the sudden, Mrs. Clinton’s recent prediction where she said that Iraq would be a leading economic power within two years, that she said would rival China. We know that China holds the largest amount of USD, 2.7 Trillion Dollars; and also China is the largest owner of our debt bonds. So, IMO, very soon we will see Iraq step to the podium to help the US economy to come back strongly, because Iraq doesn’t believe in the S&P downgrade fears. Iraq’s interest as well as their own credibility will be benefitted to protect the US Economy, and the Petro dollars; and to show the US that they believe in the US dollar, the USA markets and people; as do the GCC and other oil producing nations. I really think that Iraq and the Arab region will be a giver, not just a taker for the US Economy, but participating in the coming stability of the US economy. Joey adds: FOMC ….Federal Open Market Committtee…is thinking about the US economy and how that factors into this policy making; And when you have the IMF, the OEAC, talking about policies, where do you think they are going with that, Vic? Vic: I agree, I know where you’re going with that. Deb: Very soon! Patriot: It’s amazing how the Global Politics are all weaved together, and how, with the other nations buying T-bills and Fed Reserve notes, and the fact that while the dollar has dropped, it seems the Federal Reserve has found a way to tax China, or reduce the debt we owe them. Of course the US cannot Tax China, an independent nation. But in essence, if they buy a Trillion dollars of our debts on paper and the value of our dollar drops by say, 5%, we just taxed China 5%. This is very interesting way tax other countries, by weakening the dollar against other currencies. Joey reads a Bond-Lady Post April 16th; from a historic meeting in March when the Emir of Kuwait came to Iraq: ‘Kuwaiti-Iraqi Borders Issue Settled’, Both Nations Agree On Creating Safe Maritime Environment KUWAIT CITY, April 16, (Agencies): The Kuwaiti-Iraqi borders issue has been settled for good and there will be no further talks in this regard, reports Al-Anba daily quoting diplomatic sources. Sources said any discussion between the two sides will center on trespassing issues and maintenance of border markers, not the borders because this matter is no longer open for negotiation. This came in the wake of the statement made by Special Envoy of the United Nations in Iraq Ed Milkert that the Iraqi government may recognize the Kuwaiti borders soon to end the two decades of UN sanctions. In an interview with Reuters, Milkert confirmed the historic meeting between the foreign ministers of the two countries last month yielded positive results. Meanwhile, Kuwait and Iraq agreed Saturday to cooperate closely on maritime issues that affect both countries, including implementation of maritime protocols shared by them. This came out in the 3rd border security meeting held at Umm al-Qasr Naval Base here in Kuwait, where two delegations representing each country, reviewed a gamut of land and maritime border issues. Heading the Kuwaiti delegation was Interior Ministry Assistant Undersecretary for Border Security Major General Sheikh Muhammad Al-Youssef Al-Sabah, whereas the Iraqi counterpart was headed by Commander of Basra Operations General Muhammad Jawad Huwaidi. http://www.arabtimesonline.com/NewsDetails/tabid/96/smid/414/ArticleID/168039/t/%E2%80%98Kuwaiti-Iraqi-borders-issue-settled%E2%80%99/Default.aspx Joey compares that Bond-Lady article in April to this from yesterday …for all who say port issue still exists: Iraq declares solving the crisis with Kuwait The date of publishing 19/08/2011 07:00 AM Baghdad (Jawdat kazem): The Iraqi Ministry of Foreign Affairs declared easing the crisis caused by the establishment of the port of mubarak and Kuwait .A source in the Ministry of Foreign Affairs said in a statement to “Al-Hayah”, that ” technical delegation who visited Kuwait under the chairmanship of the chief adviser to Prime Minister thamir ghadhban, a field trips in the The port of Mubarak held extensive meetings with senior officials in Kuwait to discuss the mechanism for the implementation of The draft port without damage to the interests of Iraq». He added the source, who refused to reveal his name, that ” the negotiations led by Al-Ghadban, minister Foreign Hoshyar Zebari, which resulted in the form of principle to stop at the borders of the third stage Of the project, the requirement to keep the fourth stage subject to approval by Iraq to some guarantees that Requested by Kuwait». Added: ” I believe that the required guarantees deposited by the Kuwaiti government closed a letter handed over Iraqi technical delegation to». He added that ” the negotiations between the two sides and field visits, as well as access to Indigenous engineering design for the project, has shown that the Mubarak will not impede navigation in the Khawr Abdullah.” He pointed out that ” what has been circulated about the presence of sea, hinders Iraqi Navigation was Incorrect information». He pointed out that ” the information was referring to the port’s construction in four phases, but what We were informed by the Kuwaiti side he would be 3 stages, and that the fourth phase it will affect Iraqi navigation». He said: ” Unfortunately, some of the foreign parties that do not appeal to the development of relations with Iraq Kuwait paid towards the escalation of the crisis between the two countries by providing the Iraqi government Wrong information confirms that the project is based on four stages, and that the last slash Large parts of Iraqi waterway connecting may تغلقه in full». Prime Minister nouri Al-Maliki was declared in a TV interview a few weeks ago, that the state of «” Third informed Iraq information on the port of mubarak, but he did not disclose the name of the state, as did not Says Iraqi Foreign Ministry sources on behalf of. On the other hand, said the prime minister’s advisor Adel البرواري in a statement to “Al-Hayah”, «Crisis port Mubarak heads for Detente soon». He clarified that ” technical delegation sent by the government to Kuwait to visit the site of the port, Better to get the results of is in the interest of both countries after the agreement to settle the crisis Through diplomatic channels». He pointed out that ” the Iraqi government is keen on the development of its relations with Kuwait and Pending issues have taken all the roads الديبوماسية to contain crisis port Mubarak alert The brothers in Kuwait to the damages that hit Iraq». He added: ” As the government, did not go so far on the final report of the delegation to visit Technical, but I think that the Iraqi government officials and some prominent figures in Kuwait At this time, contributed to win Kuwaiti to anything of flexibility to solve crisis The port “, in a reference to the visit of the Iraqi List leader Iyad Allawi and President of the council, Supreme Ammar Al-Hakim. http://www.babnews.com/inp/view.asp?ID=43718 Patriot: This is important because Mubarak port is part of Erbil, and we know it had a deadline of June 30th, and the UN said there would be no extension after June 30, 2011. Remember we had the aerial photo. Even one Kuwaiti minister came out and admitted he had no idea where the negative news articles were coming from, regarding the positive and productive developments between both countries. The bilateral arrangements with both countries have been settled all the way back to March. The ports will bolster both countries. Both Iraq and the Kuwaitis intend to take care of each other as brothers. Go download The Iraq Project from our website. This is all very significant and see that the final pages of that report are playing out in this news, and how this is so significant, to read articles of such positive developments on key issues. We really do we are seeing the final stages of the plan executed. Joey adds: Go back to Currency Newshound and read the various beautiful articles from those historic meetings where they agreed to put the past behind them, and that Melkert commented on how great it was with their cooperation agreements. Both countries want and need this, the Kuwait currency is struggling also, if you go back and study this port progress, there is NO issue between them and they are very positively moving forward to complete this important project. Patriot: Suggests to go to the website to get The Iraq Project. These are the issues that are at the end of the last chapter. These articles are talking about all the things listed in that step by step plan. Compare this State Dept blueprint to the articles of the Call Squad transcripts the past 2 weeks and you’ll see they are following the plan. These articles were all predicted, by the plan. The giant jigsaw is coming together, nobody knows how many more pieces exist, but the picture is clarifying, and we are optimistic that we are seeing the final days of the plan being executed, though nobody knows the date or rate, we are going in the right direction. Joey, I love this article: Parliament discusses the strategy to combat poverty and unemployment and the conditions of the displaced 20/08/2011 Recessed to the sixth of next month BAGHDAD – morning House of Representatives discussed the program of government planning and private ministries of Displacement and Migration, in particular the strategy to combat poverty and unemployment, while raising its decided until after the Eid al-Fitr. In the 25th meeting of the Parliament held under the chairmanship of Osama Najafi, President of the Council and attended by 164 deputies, ended the Committee on Agriculture, water and marsh first reading of the bill the second amendment to the law and the Ministry of Water Resources No. 50 of 2008. According to the reasons for the law (as the Centre’s role to encompass all wetlands in Iraq and all not the global conventions concern the subject of wetlands for the purpose of strengthening the rights of Iraq’s water and of its own wetlands of important economic, environmental and climate at the local, regional and global). And to Parliament the first reading of the proposed law the First Amendment of the Law No. 20 of 2009 (submitted by the Committee of the martyrs and victims and political prisoners) to not display the proposed law on the Legal Committee. In the second paragraph, before the Commission on Human Rights report on the progress of the action taken on the selection of members of the UN High Commissioner for Human Rights, where the MP Salim al-Chairman of the Commission on Human Rights to provide 3085 people apply for seats on the Commission, pointing to the existence of specific controls to accept the applicants and the three stages of this process , confirming the exclusion of 611 ahead of their names can be found on the website of the Commission. He said he will be nominated nearly Advanced percent in the third stage, which lasts for a month and there will be interviews with these applicants to choose 11 members and 2 reserves. In another matter, he hosted the House of Representatives, Ali Shukri, Minister of Planning to discuss the government program, your ministry, especially the strategy prepared by the Ministry during the next four years in the preparation of development plans for all provinces and prepare strategies to combat poverty and unemployment, as well as building the system and the development of social and economic plans. Revealing studies on the problems and obstacles that stand in the way of implementation of projects and the preparation of a classification system for contractors. Commenting on the Maardh minister, he wondered, MP Ahmad al-Alwani, Chairman of the economy and investment for a look the ministry of the relationship between the center and the provinces and the Kurdistan region and the possibility of establishing a fund for future generations and increase the financial resources and diversity to support going forward. As pointed MP Ibrahim Rikabi that control of entering Iraq need to build centers for quality control advanced work to reduce the entry of materials unsuitable for consumption. MP Jassim Mohammed was called to the statement of the effects of lack of a census, asking about the possibility of giving a year. MP confirmed that Nour Salem ministry’s plan did not observe justice in the distribution of projects between the provinces. The MP Yousef al-Tai said the government program in this condition, is a narrative construction project and lose the true vision of government which does not amount to a government program. It also hosted the parliament and the Minister of Displacement and Migration Dindar Dosky to discuss the government program on his ministry, where the minister stressed that the most important priorities of the ministry for the coming years to address the problem of displaced people inside and outside Iraq, and to ensure their return to their areas, and encourage them to return voluntarily, and give all facilities to them, and to address the problem of housing and unemployment for these families. The minister added that the ministry is monitoring the forcibly displaced during the former regime, and is working to restore their rights and give them privileges and residential lands in the event they decided to return and continue their situation outside the country in the event of non-return. He also pointed to the attention of the ministry file deportees and competencies outside Iraq as well as for a file of Palestinian refugees and foreigners in Iraq in accordance with international laws. Between the Minister and the projects implemented by the ministry in a number of provinces in the area of ​​residential complexes, in cooperation with international bodies. Focused interventions and questions from MPs on the relationship with the ministry set up residential complexes in a number of provinces and their role in distribution to the covered, especially in the province of Karbala and revealed the role of the Ministry in the return of property to their owners, they lost in the previous regime. They also discussed the issue of students returning from Arab universities where the countries of popular revolutions and security tensions and the possibility of returning them to desks in Iraq and the equation of their testimony, as well as the ministry’s plan in the field of investment projects and the time limit to complete, in addition to the projects implemented by the ministry out of the investment plan. The President of the House of Representatives adjourned until the sixth of next September. According to a copy obtained by the “morning”, the program of the Ministry of Planning for the coming years states: “develop plans and strategies of national development the overall dimensions of the overall Iraqi economy and dimensions of the sectoral, spatial and social development so as to ensure the development of a comprehensive national sustainable” , in addition to developing the general framework of strategies, spatial development at the provincial level so as to ensure to reduce development disparities between them and between urban areas and the main on the other hand, with the creation of a national statistical system efficiently and effectively and efficiently meet all requirements according to the criteria and application of national, regional and international. “ The program also includes “community service through the exercise of measuring and improving the quality of goods and encourage intellectual creativity to ensure the protection and safety of citizens and strengthening the national economy, improve and raise the efficiency of enterprise performance through the development, management development, as well as to pursue the goals of the National Development Plan 2010-2014, and follow-up quality and good implementation of investment projects included in the annual investment programs, including programs of development of the region and through field visits to engineering teams in the Ministry and the planning units in the provinces. “ It also provides for “building a geographical information system integrated land use at the provincial level, and policy-making investment in cooperation with the ministries and departments not associated with the Ministry as well as the provinces which include sectoral programs or spatial and contribute to the evaluation of technical feasibility and economic development projects proposed for inclusion in the budget and as to harmonize the priorities National Development Plan 2010-2014. Follow up the implementation of contractual plans approved in the ministries and other agencies, will also be reviewed and approved projects funded by donor countries and institutions and follow-up procedures for their implementation. “ The Ministry of Displacement and Migration has achieved during the last term a number of files included on according to a copy obtained by the “morning”, “speed up the percentage of completion of projects and housing units and low cost in the provinces of Maysan, Qadisiyah, Basra, Karbala, Babil, Wasit, Sadr City, and the distribution of grants financial returnees displaced by the displaced and migrants, in addition to the distribution of financial grants to returnees from Libya, 48 and 23 family members and Egypt 73 and 47 family members. “ The Ministry also “the distribution of financial grants to the present in Egypt, 639 family food basket, in addition to the completion of transactions 1531, and a national allocation of land for returning displaced persons and migrants, and the distribution of food aid and non-food items to displaced families and affected, with the establishment of a reception center reviewers and improve the reception centers, as well as the formation of 127 of an investigative committee and habitual and 21 inspection visit and completion of 78 complaints and 5 workshops, awareness of the risks of corruption within the ministry’s efforts to combat corruption. http://www.alsabaah.com/ArticleShow.aspx?ID=12334 Joey comments: This was one of their Get Out Of Jail Free Cards This is one of the requirement lists to get the UN sanctions removed: Kuwait honor of the borders, repair Port Mubarak, They had to return dead Kuwait bodies, artifacts, according to article 140 return of displaced citizens, the HCL oil sales money had to be distributed to the people, and was a part of that, and this article shows the mentality of Iraq and where they are now relative to the requirements. Vic: That is unbelievable Joey, that is awesome Vic: Asks to bring something to the table, sometimes we read something and it connects with a memory. Vic: Have you ever heard for a company named LG? Vic: Santa Monica CA is Sister City to Seoul Korea Vic reads: Baghdad, Aug. 20 (AKnews) – A South Korean firm will build a100,000-unit housing development south of the Iraqi capital says a parliamentary investment committee member, just one of many projects open to South Korean investors. At the end of a visit to South Korea in April at the head of a large Iraqi economic delegation, Prime Minister Nouri al-Maliki signed a number of contracts in the fields of economy, construction and energy. A group of Korean firms proposed a large-scale investment project to address Iraq’s shortage of housing by building a total of a million homes, made available on a credit payment system. Commission member Salman al-Moussawi told AKnews that the 100,000 homes the Hanoua Company from South Korea are building in the capital’s Bismaya district will be sold for $50,000each. After making a 25% down payment to secure the transaction, “the balance can be paid off in stages,” Moussawi explained. The South Korean contracts will effectively halve Iraq’s housing crisis calling for two million new homes, a target originally projected to take around 20 years to meet. Moussawi said that further contracts with South Korea in other sectors are currently being drafted. “An agreement will be signed soon between South Korean companies and the Iraqi side with regard to energy, and the development of Iraqi ports,” he said. Vic: I’m just a little guy in CA; Iraq is not sparing any costs. These People are taking care of business. Joey: So Vic, if I understand, they are doing this housing business with a line of credit, is that what I understand? Vic: Yes, Ma’am. Joey asks: How do they do that without being a member nation of the WTO? Because the WTO decides that creditworthiness of all countries, and you have to be able to engage in the Bi-lateral International Relations and the WTO has to declare you creditworthy. Vic: In the Far East, the credit terms are not the same as here in the US, but look at the major banks coming into Iraq, HCSB, and other international banks; Shabibi wants them to come in with a lot of cash since they want to help the people own their homes, and help them pay them off in stages over time with 25% down, though they don’t have traditional credit guidelines. It’s incredible how the Koreans and Chinese understand what the economic situations will be in Iraq; they know what Iraq is going to be worth in two years, and I hope the US is not too far back in line. We need to get in on that action. That’s my two fils for the day! Joey reads: Iraqi Finance Ministry estimates 2012 budget at 115 trillion dinars ($98 billion USD) Sulaimaniya, August 21 / August (Rn) – ****The Undersecretary of the Ministry of Finance of Iraq, for his ministry to guess the Iraqi budget for next year’s 115 trillion Iraqi dinars,***** adding that next week**** will see a final decision on the size of the budget next year.***** According to Fadel, a prophet of the Kurdistan News Agency (Rn), that “next week will see a final decision on the size of the Iraqi budget for next year after meeting the federal financial with their counterparts in government to discuss a budget for 2012,” pointing to “guess the financial budget next year at 115 trillion Iraqi dinars, which means an increase of 19 trillion dinars for the current year budget. “ The Prophet said that “despite speculation the Iraqi budget for next year at 115 trillion dinars, but it is possible to increase the size of the budget when oil prices rise on world markets.” The Undersecretary of the Ministry of Finance of Iraq Zia Khyoun has stated (Rn), earlier that “his ministry had begun preparing the budget in 2012 and which will be submitted to the prime minister in September next for approval and sent to the House of Representatives for a vote,” noting that “the total amount of the budget not yet clear, but he adopted the selling price of crude oil on the basis of $ 85 per barrel and exports 2.2 million barrels per day of crude oil. “ The Khyoun that “*****the financial mechanisms in place to address the budget deficit in 2012 and which will arise from it fully due to the adoption of the ministry on the mechanisms to prevent expansion of the fiscal deficit.”***** Iraq relies to finance its budget on crude oil, which is prepared by economists as a risk in the Iraqi economy because of the failure to diversify its sources and development of industrial and commercial sectors and other development. The House of Representatives passed its session of the thirty-sixth legislative term of the first of the month of February, most of those present (240 deputies), the general federal budget for 2011 of $ 82.6 billion dollars after the Finance Committee presented its report on the budget law. “ http://www.aknews.com/ar/aknews/2/258095/ Joey summarizes: I thought this was very important today. Remember the Kurds would not sign the HCL agreements important to the Erbil Power Sharing agreement until there was an independent, transparent oil committee that answered to the UN so that the Kurdish people would not be unfairly excluded or abused in any way by any type of financial shortchanging, relative to the oil sales revenue and allocation of the HCL money. Patriot: yep Vic asks to add to Joey’s article about budget and reads: 2012 budget nearing completion says official 21/08/2011 11:09 Sulaimaniya, Aug. 21 (AKnews) – The bill for the 2012 budget will be completed this week said the deputy finance minister today. Fadel Nabi told AKnews that the budget currently stands at 115 trillion Iraqi Dinars (IQD) – around $97.75 billion. The 2012 budget looks set to be 19 trillion IQD ($950 million) bigger than last year’s. With increasing oil prices, Nabi said the current figure was likely to rise. Iraq has the third largest oil reserves in the world from which nearly 98% of the country’s revenues are derived. The Iraqi Ministry of Finance looks set to meet the September 15 deadline for the submission of the next year’s budget. The 2011 budget was not ratified until April the same year. By Idris Abu-Bakir LH/KA/AKnews http://aknews.com/en/aknews/2/258129/ Patriot: Not a bad weekend huh, guys? Vic: Not bad at all Deb reads:

It was what got my vote for Rick Scott in Florida.... Yes, this should be done in all states !!!!

Thanks Cisole for fixing the link Thanks Delta it helped get a little of my aggresion out

Delta... Link doesn't work... I was looking forward to shooting at Osama

* WSJ: Emerging Nations Seek To Shore Up Currencies August 22nd, 2011 10:23 am · Posted in NEWS (Iraq & World Currency) As global markets sell off, some emerging nations have stepped into foreign-exchange markets to prevent steeper declines in their currencies, a contrast to safe-haven countries dealing with strong gains in their exchange rates. In recent weeks, Turkey and Indonesia have taken or forewarned of measures to curb their currencies’ slides after global growth worries sent equities sliding world-wide and investors fleeing emerging markets. LINK I thought this interesting, everyone keeps bringing up Turkey

* Halo (Kaperoni’s Chat): PTR 8/21/11 August 22nd, 2011 08:41 am · Posted in CHATS & POSTS (Iraqi Dinar Info) kaperoni Member Posts: 1774 [kaperoni] Hi everyone. Welcome to DinarAlert chat. [kaperoni] Tonight’s chat is all about the CBI. [kaperoni] Please sit [kaperoni] Before I get started, I am please to announce a great new product …landline “voice call” direct to your home or business landline! [kaperoni] DinarAlert now offers both “SMS” RV notification on your cell telephone, or “voice call” on your landline. Sign up is simple and easy. [kaperoni] Now is the time, before it is too late, to get this service. Knowing as soon as possible when the RV occurs is the first step in activating your cash-in plan. [kaperoni] Bob monitors many sources of information, so when the RV happens he will send out an SMS message or a pre-recorded voice message to all that are signed up. Then all of you can start planning your future. [kaperoni] Now, [kaperoni] Please no typing…to prevent yourself from getting kicked while your sitting idle, periodically click the “Online” button above the list of names. [kaperoni] Ok, lets get started. [kaperoni] Let’s talk about a few articles this week. [kaperoni] The first one… [kaperoni] Shabibi .. Is it enough to replace the Iraqi currency to save it from collapse? 2011-08-06 [kaperoni] This is a really good article. [kaperoni] They talk about the the last 7 years and the economy…Then they say that it is time… [kaperoni] Here are a few quotes… [kaperoni] “Thus pushing the Iraqi Central Bank’s decision to replace the currency Atkhama by deleting three zeros in an attempt to raise the value of the world.” [kaperoni] And another quote.. [kaperoni] “Has announced Shabibi Iraqi Central Bank Governor completing the preparation of a plan to replace the current banknotes after the cancellation of three zeros, [kaperoni] and include 30 trillion dinars (26 billion dollars), is the value of expected cash bloc, stressing that the timing will be determined by the government and parliament, Iraqi.” [kaperoni] They go on to say… [kaperoni] “the application of the new project will be according to mechanisms scalable in the form is not felt by the citizens,” [kaperoni] That they will… [kaperoni] “put quantities in the market and the withdrawal of which is maintained by the government banks of the block and replace , and remain only in [kaperoni] the possession of the citizens of the trading day, and can conduct his business in the two currencies of any existing and new,’s goods as current price, for example, JD 1000 The customer can give the seller the present paper a class 1000 dinars, [kaperoni] as well as be able to give him a coin a new category of one dinar.” [kaperoni] Ok, lets talk about that [kaperoni] This is great news everyone. [kaperoni] We all knew this…but they are telling the people now. No confusion here whatsoever! [kaperoni] And the best quote of all… [kaperoni] “and generally coming days will determine, either revalue the Iraqi currency if there is demand for it globally or to depreciate more.” [kaperoni] Here is the link .. [kaperoni] http://bit.ly/oX6neB [kaperoni] ok next article [kaperoni] Now today was a great day. [kaperoni] The Parliament posted an article on their website. I found this this morning… [kaperoni] Finance Committee meets Iraqi Central Bank Governor Sunday August 21, 2011 [kaperoni] Here are some quotes… [kaperoni] “Met Haider Abadi, head of the Finance Committee on Tuesday, 16/8/2011 Mr. Shabibi central bank governor, and also discussed the project to delete the zeros of the [kaperoni] Iraqi dinar and the reasons and legal requirements and accounting and procedural preparations conducted by the Central Bank of the process of printing, transporting and distributing the new currency as well as Commission’s role in [kaperoni] providing financial support for this project.” [kaperoni] And another quote.. [kaperoni] “For his part, Shabibi that the new currency attributes are difficult to falsify in addition to the fortifications that put the new currency and explained that the project if [kaperoni] implemented will strengthen the Iraqi dinar exchange rate against foreign currencies.” [kaperoni] You see what he said????? [kaperoni] This is clearly a revaluation of the dinar! [kaperoni] Is this parliament article the green light? [kaperoni] Only time will tell. [kaperoni] Here is the link… [kaperoni] Ill have to fix it later [kaperoni] http://translate.goo…XMEJo_e71aeE4yA [kaperoni] Now, [kaperoni] I want to talk about another article…This one concerns me. [kaperoni] This is what we all need to listen to..IMO [kaperoni] Here is the article [kaperoni] Iqbal, the buying process .. the central Iraqi dinar fell for: small traders destroy our monetary policy Saturday 20/08/2011 16:05 [kaperoni] Here is the quote that causes some concern… [kaperoni] “Jamal Al Ajili, director of foreign remittances, in an interview with “the world” yesterday, said that “most of the savings of Iraqi citizens are currently in dollars, not Iraqi dinars, which is still a source of concern to him in case of [kaperoni] different exchange rates of foreign currencies.” [kaperoni] Do you see what they are saying there? [kaperoni] That most Iraqi saving accounts are in USD. Now, if was an Iraqi, I would want all my money in Dinars! Especially now that they have stated this is a revaluation. [kaperoni] If the majority of Iraqis have USD and there bank accounts are in USD, they will not reap [kaperoni] the benefit other than the new buying power. I would want as much New Dinar as I could get. If this is true, this will prevent wealth in iraq. This will prevent overnight millionaires from occurring at the RV. [kaperoni] This also goes for loans and borrowing money, If I was an Iraqi, I would borrow as much money at the current rate as I could….knowing well that once the RV hits, they will have a huge gain on their money. [kaperoni] If this is, in fact, true, this could he a huge cause for concern. [kaperoni] This article goes on to say…Here is a quote.. [kaperoni] “And Raising the zeros of the dinar and the restructuring of the currency, said the appearance of the “Central finished fully prepared and referred to the government and the [kaperoni] Council of Representatives to discuss it calmly, a project of strategic and long-term, I do not say it will happen tomorrow or after tomorrow [kaperoni] because it projects the reform of management of resources, the currency in Iraq” . [kaperoni] And a few more quotes…I will break them down… [kaperoni] “He pointed out that “the restructuring means the issuance of a combination of the different categories of existing categories, “ [kaperoni] “and the lifting of the zeroes means “ [kaperoni] “that the number of account will be lower, “ [kaperoni] “does not affect the value of the currency and transactions of individuals and their income and wealth does not affect the contracts and obligations of individuals contractual and mandatory, [kaperoni] arguing that” the total money supply of currency, amounting to about 32 trillion dinars and will be replaced after less than 30 billion dinars. “ [kaperoni] Link… [kaperoni] http://translate.goo…pdynDMIemrS5uWw [kaperoni] They have spelled it out for Iraqi’s. [kaperoni] But why do they all have their money in USD? [kaperoni] Good stuff everyone. [kaperoni] We will find out soon. [kaperoni] This is close. [kaperoni] Done LINK

Thanks for the post Carla... Great find for sure !!! I think that as long as Shabibi is for pushing for these meetings publicly, he's trying to force something to happen !!!!! He's getting really itchy