Hamels

I agree, when I saw PTR, I started thinking about Check and TNT, and then the post becomes nothing, sorry Paps

Guitar Player Mick Ralphs left Mott The Hoople to join Bad Company, along with the bassist from the band King Crimson

Bringing back memories here...Saw them in Madison Square Garden in 1977, I think..., right before Bonzo ODed on Alcohol

LOL, Sam I am Is at ...I get a E Mail from them about twice a week He had Scooter on last week, and I brought that over, and everyone loved it.....

Tuesday, January 10, 2012Douche of the Year Well the votes are all in (okay, there was only one vote) and the winner has been chosen. The douchebag of the year for 2011 was Dan "zzzzzzzzz" Atkinson. Although he only won the weekly Douchie once, Dan's greatest douchebaggery was performed prior to the inception of The Douchies in the summer. Dan and his partner Tony took thousands of members from Comrade's Dinner (which they started with SteveI by pulling even more thousands away from Dinar Vets in an obviously orchestrated conference call strategy) in starting up People's Talk Radio (PTR). Then they charged $25 to thousands of people to reserve a place at the post-RV bash in San Francisco. Dan then started charging $15/mo for access to his special intel which has never proven to be worth a dime, let alone $180 a year. Later in the year he wheeled some old anonymous geezer into the studio and interviewed him, claiming that he was one of the authors of The Marshall Plan. A few minutes of searching on the internet will tell you that they've all been dead for several years. (George Frost Kennan died in 2005 at age 101). Almost every week Dan went on record saying that he really believes this week is our week. His sidekick TonyTNT was a willing accomplice with very imaginative BS intel and buffoonery, along with an assortment of other anonymous intel providers that I suspect are merely aliases. Then Dan had the gall to say that he doesn't want his site to be known as the site that calls the RV every week. Pulleeeeez!!!! That ship has sailed, my friend. I'm not a fan of Adam Montana from Dinar Vets or of SteveI from Comrade's Dinner. Anybody who reads my blog posts knows that. But Dan proved in 2011 that he can outdouche any of them. Any why shouldn't he? He's had lots of practice. So congratulations to Dan for winning the very first (and hopefully the last) ****** of the Year award. Well done!

+1 for ya Yeah, your right, it was actually the singer who was stoned in the studio, but after a few takes, he got worse, so they left it in as In A Gadda Da Vida

Blah Blah Blah Blah Blah

(Tenmillion post) [*Tenmillion] I think we're about ready to begin [*Tenmillion] so I have a couple of things to post first [*Tenmillion] then we'll go to a discussion about the key factors that need to happen for an rv [Enoch8] haha...... [*Tenmillion] so if you will please hold your questions until the end of the chat, that way everyone can benefit from the information [*Tenmillion] thank you [EdwardK] Enoch8 Hey [*Tenmillion] ok [*Tenmillion] first... [Enoch8] Hi Eddie my friend [*Tenmillion] I think one of the most current informative documents that has been posted is the Iraq World Bank Review. [*Tenmillion] It really gives an extensive picture of the Iraqi banking system and how it is impacting Iraq's economy and the importance it has on Iraq's growth. [*Tenmillion] It covers the banking sector, including the two state owned banks (need to privatize), capital markets such as the ISX (Iraqi Stock Exchange), and Insurance and Pension. At the end of the report the World Bank give its recommendations for improvement. [*Tenmillion] Overall the World Bank suggested that the financial system was underdeveloped and needed improvement. [*Tenmillion] Here is a quote from the report that kinda sums up the review. [*Tenmillion] * The link between sound and well-developed financial systems and economic growth is a fundamental one. World Bank Review~ [*Tenmillion] another quote and then we can begin [*Tenmillion] * Although Iraq’s economic growth prospects are favorable, risks remain high. In addition to Iraq’s vulnerability to oil price shocks, main risks include political factors, security issues, technical capability and institutional capacity issues to implement reforms. A deterioration in the political environment in the region might have a negative impact on implementation of programs. If the security situation deteriorates in Iraq, this would create a large source of risk for all operations. Capacity risks are also critical. Poor technical capability among key Government agencies and low institutional capacity increase the risk of mismanagement of reforms and programs. [*Tenmillion] I want to welcome Enoch and Proteus to the chat room [*Tenmillion] thank you for coming [Enoch8] Thankyou 4 the invite, 10 [*Tenmillion] yw [Proteus] Thanks for having us [*Tenmillion] so here is what I would like to start off with.... Read More Link on Right [*Tenmillion] If you could give the top 3 factors that you think are the most important for an RV... [*Tenmillion] what would they be... [*Tenmillion] Enoch? [*Tenmillion] Proteus? [Enoch8] Who 1st? [*Tenmillion] you if you want [b.I.W.] flip a cion [Proteus] oooh oooh OOOh pick me [b.I.W.] coin [b.I.W.] pro [Proteus] ok [*Tenmillion] and why you think these reasons are important [Enoch8] haha.... go for it P [Proteus] In my opinion there are many items that surround the facts of an rv [*Tenmillion] can you give the top 3 first? [Proteus] there is the draft laws, the erbil, chaptor 7 and many other things [Enoch8] Hang on ....quik question? [Proteus] but do they actually need to happen [Proteus] the Rv is a banking process that is done thru a few step, that actually pertain to the event [Proteus] the 3 things that I say in my opinion that will lead to an Rv are: [Proteus] (1) parliament approves the 2012 budget into utilization [Proteus] (2) the Ministry of Finance issues support oto the CBI for the process [Proteus] (3) the CBI starts the process by issueing lower denoms into distribution points for conversion from the larger notes [Proteus] is that 3? [*Tenmillion] if you have more...add them too [Proteus] ok... 1 more... the GOI makes a formal statement of RV with supported educational programs for the citizens to accept the difference in the notes! [Proteus] I am not going to list them all... but those are my top 4 that actually need to happen [b.I.W.] great [b.I.W.] thanks [b.I.W.] i know trying to list them all is hard [b.I.W.] but at least we have a good starting point to work with [b.I.W.] now if enoch8 would like to talk some we would love to here his honest take on iraq [b.I.W.] please wait till the end [b.I.W.] thanks [b.I.W.] they each have their own minds [b.I.W.] would you like to go next [Proteus] I would just like to add [b.I.W.] sure [Proteus] that there are really many things all need to happen, but do they need to happen as a prelude [Proteus] or do they have to happen simultaniously [b.I.W.] i agree [*Tenmillion] I agree [Proteus] or do they have to happen simultaniously [b.I.W.] i agree [b.I.W.] please let every body know [b.I.W.] this is what this is for [b.I.W.] we want every body to know what we have found [Proteus] but the items I listed pertain directly to the RV... not to the items that surround the RV [b.I.W.] so they can make up their own minds [Proteus] the banking system like the atricle TEN posted at the start of this chat [Proteus] needs to be imporved [Proteus] atm,s are part of that [Proteus] the bond market needs implementating further [Proteus] and lots of things [Proteus] but is the CHAPTOR 7 holding it up... I say no [Proteus] that is why I did not list it as a need be [Proteus] does the erbil need to be implementated... I say it is not holding anything up [Proteus] is the BUDGET a must... I say yes... as the budget holds the funding from the ministry of finance to support the cbi mechanism [Proteus] the change of any monetary system in any country is not a FLICK of the SWITCH [Proteus] there are many items that need to happen in succession for the sucessful change of any monetary system to happen [Enoch8] Agree with that one 4 sure Proteus. [Proteus] Enochs back [Enoch8] No switch [b.I.W.] ok [b.I.W.] i will go with some things i think are a issue [b.I.W.] LINK [b.I.W.] The objective of the Emergency Banking Sector Reform Project in Iraq is to strengthen the supervisory framework for financial intermediation and to build capacity of financial institutions to support implementation of first phase of the Iraq banking reform strategy specifically, the operation will focus on four main components: (i) institutional and operational restructuring of the two main state-owned commercial banks (Rasheed Bank and Rafidain Bank); (ii) financial restructuring of the two mai. [b.I.W.] here is the 10 million dollar loan [b.I.W.]http://siteresources....ingSep2010.pdf [b.I.W.] here is the review from 2010 [b.I.W.] review from 2011 [b.I.W.] Institutional and operational restructuring of the two state-owned commercial banks, procurement status is as follows: (i) progress made in signing the contract with United Ramin Information Technology Solutions (RITS) for providing training services for development of computer skills for Rasheed Bank and Rafidain Bank. The contract value is US$ 325,000 signed on May 8, 2011 and the consultants commenced work in Baghdad on May 22, 2011 with duration of 18 weeks to complete; (ii) training for Branch Mangers. Last batch of training was completed on May 9, 2011; (iii) training of Human Resources. The training of the second and final batch of trainees with the Egyptian Banking Institute (EBI) was commenced on June 19, 2011 and will be completed by July 12, 201, iv) Contract with PWC for restructuring of the internal audit and compliance for the value of US$ 1.26 million with commencement date of mid July 2011, and (v) contract with IBTCI for the value of US$ 1.18 million. The contract’s c [b.I.W.] imho the banking is still an issue [b.I.W.] second [b.I.W.] http://www.hm-treasu...ctions_iraq.htm [b.I.W.] is the issues with the unsc and all the rules such they have installed [b.I.W.] this is not any any order sorry [b.I.W.] i am just rambling [b.I.W.] intill the issues with kuwait are fully taken care of, i feel it is a big issue [Proteus] I do agre that those items are surrounding an event... [b.I.W.] yes they get 1 billion every 3 months but here are other factors like borders and some jewels they want back [Proteus] but do they PREVENT an event from happening... this is not fully convincing to me! [b.I.W.] ok [b.I.W.] last 1 [Proteus] yeah [b.I.W.] V [b.I.W.] http://en.wikisource...ive_Order_13303 [Enoch8] IMO.... based on the CBI has said numerous times since Sept 2010, that they need legislation for the CBI Plan. [b.I.W.] , George W. Bush, President of the United States of America, find that the threat of attachment or other judicial process against the Development Fund for Iraq, Iraqi petroleum and petroleum products, and interests therein, and proceeds, obligations, or any financial instruments of any nature whatsoever arising from or related to the sale or marketing thereof, and interests therein, obstructs the orderly reconstruction of Iraq, the restoration and maintenance of peace and security in the country, and the development of political, administrative, and economic institutions in Iraq. This situation constitutes an unusual and extraordinary threat to the national security and foreign policy of the United States and I hereby declare a national emergency to deal with that threat. [b.I.W.] just wanted to say this ex order will not expire [b.I.W.] unless they want it to [b.I.W.] last thing i will add [b.I.W.] if they do some thing in iraq with their currency this link is all you need [b.I.W.] http://www.currency-iso.org/ [b.I.W.] sign up they will send you a email when iraq and the imf issue a new currnecy code and it gets filed at the BIS [b.I.W.] IT FREE [b.I.W.] CODE [b.I.W.] chuckles would like to give your views on some things thst need to happen dont have to be in any order guys [Chuckles] sure but mines short [b.I.W.] please welcome chuckles owner of dd [Chuckles] IMO, it almost seems since the IMF has been busy dealing with the Euro crisis so they're basically telling Iraq to increase their oil production by encouraging them to increase their budget. I'm sure the IMF needs to meet their numbers as well. Personally I think it's good news. [*Tenmillion] welcome Chuckles [b.I.W.] guy like us looking for real facts [b.I.W.] welcome sir [Chuckles] Hey BIW [Chuckles] Ten, Dreamin [Chuckles] The greater the pressure Iraq has to increase their oil output and build up their infrastructure they'll clearly have to raise their budget for infrastructure, so the more they increase production the more valuable the Dinar should be (given there are no changes to the amount printed and reported). They have to do something right? They either have to print more and keep on keeping on, or change the current exchange rate of the dinar. So today their budget this year is roughly 120 billionish and they currently produce roughly 2.5 million BBD right? So what is the dinar worth? 1170. [Dreamin] Hello Chuckles [Chuckles] I have just have a few scenarios [Chuckles] Scenario 1: OK, so in the next year Iraq gets oil production up to around 5 million BBD and they do nothing with the currency as it stands now, there GDP doubles, and they haven't over printed their currency into hyper inflation. So now what should the current exchange rate be? I would say at least twice as much of what it currently is? I've always thought the GDP and currency tend to be pretty closely tied? So as Iraq increase production we slowly see a rise in the value of the dinar, it could take 1 to 2 years, 10, or 20 but the dinar should still raise in value of the years assuming Iraq maintains economic stability and remains secure. [Chuckles] Scenario 2: Iraq decides to change the rate of their currency, but not re denominate. They say hey it's .03,.20,3.22 whatever bring it on. Simple enough. Not really, but that conversation is too long. [Chuckles] Scenario 3: Iraq declares that they are printing a whole new set of notes, you get a set period of time to bring in your x notes for y notes, and now y=?. [Chuckles] I've just been looking at older docs seeing what we should see when Iraq is ready to do somethign with their currency [Chuckles] an oldie http://www.globalsec....ncy-reform.htm [Chuckles] well I'm done..lol [b.I.W.] http://gulfanalysis.wordpress.com/ [b.I.W.] good link to see what going on daily [JayP] ah.. fun topic! sorry I stepped in a little late into the conversation [JayP] in my opinion, the banking infrastructure, and getting citizens to deposit their money into the banks I believe is important.. [JayP] another item would be diversifying their economy to grow their GDP.. [Chuckles] and getting everyone to move to electronic banking, if the GOI still won't what hope is there for the citizens [JayP] and the 3rd for me, and most importantly.. [JayP] is the reduction of the dinar in circulation [Chuckles] http://www.economywa....raq/year-2011/ [JayP] As far as the banking.. here is a document that talks about mobile banking that I was reading.. it is quite interesting, but the key here is where they talk about the banking infrastructure.. [JayP] [JayP] http://wikileaks.org/cab ··· 18.html# [JayP] let me give you something specific in there that I found interesting.. [JayP] "¶3. (SBU) COMMENT: Getting the necessary regulatory, technical, and consumer protection infrastructure in place for mobile banking obviously will take some time. Delays, however, could lead the private sector and public to find more immediate workarounds, which may lead to prudential and security vulnerabilities. Once operational, the attractiveness of mobile banking may spur many more Iraqis to move their money into the formal financial system, a boon to economic development. " [JayP] let me give you something specific in there that I found interesting.. [JayP] "¶3. (SBU) COMMENT: Getting the necessary regulatory, technical, and consumer protection infrastructure in place for mobile banking obviously will take some time. Delays, however, could lead the private sector and public to find more immediate workarounds, which may lead to prudential and security vulnerabilities. Once operational, the attractiveness of mobile banking may spur many more Iraqis to move their money into the formal financial system, a boon to economic development. " [JayP] This makes sense to me, and helps explain why this is such a big deal I think.. [JayP] as far as the auctions.. [JayP] I think that there is a bit of confustion there in my opinion... [JayP] there are some out there that I have seen telling folks that they have been reducing the amount of dinar from circulation.. [JayP] and that is why the auction numbers have been so high as of the last month... [JayP] Chuckles and I have been discussing that some, and I have been looking at some articles in the last month, and chuckles provided a couple of real intreresting ones yesterday.. [JayP] I think that these explain the auctions fairly well.. [JayP] first there was this one.. [JayP] this one to me explains it all right there, that these auctions are high in order to help stabilize the market rate of the dinar [JayP] and the key here is to stabilize, not rv the CBI rate [Enoch8] Top 3 things that need to happen for RV ? [Enoch8] OK...... sit quiet and think for a minute..... [b.I.W.] no bro you get 10 [b.I.W.] eheh [Enoch8] There are not 10 reasons [Enoch8] The only things that matters really is that CBI needs legislation. [Enoch8] That falls to Parliament. [Enoch8] That IS the delay [Enoch8] Simple as that. [*Tenmillion] hi Marcus! [Enoch8] Now do you recall? In Sept 2010 CBI stated they needed legislation? [Enoch8] Saleh said that again a couple weeks ago...and defined it.... made it very clear. [Enoch8] OK.... 1. Parliament to pass the CBI Law [Enoch8] 2. Bonds and Securities Markets. [Enoch8] That is how it gets paid for. [Enoch8] 3. Welllll not sure on that for now.... so I am going to stick with those 2 items. [Enoch8] I have reasons for saying that Erbil.... HCL.... Kuwait.... UNSC.... all do not matter so much.... but need to be addressed.... yet do not hold up RV [Enoch8] I would say 3. would be IMF Article VIII compliance, because it directly effects the Primary and Secondary Markets. [Enoch8] Because that directly affects WTO compliance for final ascession. [Enoch8] IRQ and Oil nations do not qualify for GATT Exclusions.... [Enoch8] so, they must be IMF Art VIII compliant. [Enoch8] Some of the other issues.... I do nort want to minimize their respective importance4... [Enoch8] they all factor in. [b.I.W.]http://www.imf.org/e...011/pr11465.htm [Enoch8] Now there are literally 3 years worth of links and documents to study to catch up with what I just said. [Enoch8] It is no overnight matter. [Enoch8] So...... BIW and JayP just posted some good links..... [Enoch8] I wont overload you all with more at this time. [Enoch8] I would appreciate the question later as to why. [Enoch8] So done for now... for time and allowing Marcus a few. [*Tenmillion] top 3 factors for an RV to occur [b.I.W.] well we were sharing what we think [MarcusCurtis] oh ok [MarcusCurtis] well enoch on I are on the same page on a lot of this stuff [MarcusCurtis] we have shared much information [MarcusCurtis] but to recap [MarcusCurtis] 1. CBI law needs to be passed by parliament [MarcusCurtis] I think in that you may find provisions for the lower denoms which are NOT printed yet [MarcusCurtis] 2. Bonds need to take off [MarcusCurtis] I read about 3 articles in the mainstream news about Iraq reaching into new bond markets abroad [MarcusCurtis] read them this week in fact [MarcusCurtis] 3 Iraq must prove it can stand on its own two feet and the government becomes a bit more stable [MarcusCurtis] those are my top three [*Tenmillion] ty Marcus [MarcusCurtis] there are a ton of details in there [MarcusCurtis] It all depends on what happens [Proteus] The value of national currency of each country depends on a myriad of factors among them economic situation of the country in the world, efficiency of the government and securing the costs, political, legal and judicial stability for attracting foreign investments, [MarcusCurtis] http://www.kiplinger....u-in-2012.html [Proteus] observing the international law and regulation and being in line with international changes, etc. [Proteus] if i remember there is not even a law in the constitution that [*Tenmillion] cool Marcus! [Proteus] stipulates that the IQD is to be uses as the PRINCIPLE CURRENCY of TRADE within the country [Enoch8] Right..... currency reform has to happen before printing new money. [Proteus] you got it [Proteus] but you guys are forceing me to tell reasons... [Proteus] that i was holding back for the great debate reasons... [b.I.W.] raq Debt Beats Treasuries for Templeton’s Hasenstab (Update3) By Michael Patterson - June 11, 2009 14:45 EDT June 11 (Bloomberg) -- Michael Hasenstab is betting on Iraqi and Malaysian debt to boost returns for his top-ranked Templeton Global Bond Fund, while shunning U.S. Treasuries, U.K. gilts and Japanese bonds. [Enoch8] G Bonds and Securities have to be in place in world markets to cover the Circulation Liability. [b.I.W.] here are the guysbuying iraq bonds [Proteus] and the articles today said [Chuckles] MOF auctions [Chuckles] selling off GOI debt [Proteus] that the means to change the currency...lets see how they phrased it... [Proteus] He Jubouri that "the project will cost U.S. $ 150 million, and this little amount will be offset by the profits derived by the World Bank and the State Treasury of traders who Sistgnon the U.S. dollar, which they preferred for their small size and high value, and Istbdoulh currency of the new Iraqi. [Enoch8] The auctions are mostly stabilization programs. [Chuckles] yup [Proteus] so the auctions... that are held by the CBI [Proteus] they are for many reasons [b.I.W.] i think they are a tool the cbi uses to control to flow of dinar [Proteus] to generate profit from the 13 dinars per dollar exchange [Proteus] to stabilize the rate [b.I.W.] there for controling money suppy [Proteus] and actually to curb inflation [Enoch8] More than that BIW..... the use tactics like sterilization to stabilize the exchange rate. [Proteus] as they can flood the market with currency and get the rate to go yup or down [Proteus] and they will affacet the inflation of the market [Enoch8] Or revrese liquidity..... circulation and liquidity balances. [Proteus] yes exactly [b.I.W.] and i think the (000) panic the avg iraqi into sellingtheir dinar for dollars [b.I.W.] then you see the money changers going to the cbi to buy dollar [JayP] 2 more good links regarding the recent CBI auctions folks should keep to read after this chat: [Enoch8] Maybe that is just a simple way to explain it. [JayP] http://almadapaper.net/ ··· id=56989 [JayP] http://www.sotaliraq.com ··· ighHhRo1 [Proteus] Removing zeroes from national currency is a tool for governments’ support of the strength of currency policies. This measure has an important role in boosting public confidence in governments. [Proteus] In democratic regimes, removing zeroes from national currency can play a significant role in re-election of a particular party. In contrast, if people lose their confidence in national currency, [Enoch8] What the people in country do with dinars is small % of what the world markets hold in dinar. [Proteus] they will start using foreign currencies, particularly as they have more prestige, and this leaves enormous economic [Proteus] and psychological pressures on governments. Therefore, the economic policies of governments will be influenced by international financial markets and [Enoch8] It is much more important that the TRade Partners have stability. [Proteus] foreign central banks will affect the economic policies of the country in question. Therefore, removing zeroes will prevent the penetration of foreign currencies in the economy and the consequences. [Enoch8] That is imf and wto [Proteus] Removing zeroes from national currency is more a political measure from the governments rather than an expert and technical one and is considered to be part of the package of economic reforms. [MarcusCurtis] http://www.economywa....aws.19-12.html [Enoch8] The world markets.... IE Secondary Markets are enormous by comparison to what is held by Iraqis [Proteus] I'm done... [Proteus] thanks for letting me interject [scooby Doo] okay, here's what I think [*Tenmillion] ok [scooby Doo] I think [scooby Doo] it's called speculation [scooby Doo] for a reason [scooby Doo] we're speculating that they're not going to do what they say they're going to do [scooby Doo] because what they say they're going to do is RD [scooby Doo] don't let anybody fool you with their fancy translators [scooby Doo] they're describing a lop [scooby Doo] but maybe they won't [scooby Doo] and if they don't we might make a lot of money [scooby Doo] but like CHuckles says you should only risk what you wouldn't mind blowing on a weekend in Vegas [Chuckles] Vegas rules [scooby Doo] because this is a gamble [scooby Doo] and that's all I have to say about that! [scooby Doo] (forrest gump voice) [MarcusCurtis] [MarcusCurtis] http://bvawe.wordpress.c ··· -part-7/ [MarcusCurtis] thats what I think about an RD [*Tenmillion] Thank you special guests for being here! This was a great informational chat! [JayP] Ten.. I need to run for the evening.. I just want to thank you for setting this up.. Folks, this is bar none the best group of dinar minds there is out there. Listen to these folks you see here tonight, as they can give true hope for this investment without the false hype and false info [JayP] take what you have and will see here tonight, and learn from it.. ask questions, even afer you go back and read this guys.. it will help all of us in the end with the right questions asked!

Very True, newbies need to get used to dealing with Iraqi dinar...it is a very speculative investment ,at best.............Just because it does not fit into your GONNA RV EVERY OTHER WEEK attitude, ...It becomes smoke...just check out Scooters chat...the guy is a realist, along being an economic major...we all hope something will happen someday, but time will tell.......being in this for just a lil over 2 years, guess I am a newbie to some of the elders here

If this ever RVs, Gold will fall to under $1,000, and silver to $10, because the dollar will become stronger......everything is cyclical

I hear ya...what happened in Vegas doesn't have to stay in Vegas with the wife

Elixer, seems like we are getting closer

Iraqi parliament to further discuss the draft general budget ("approval during the next few days"!!!) Today at 2:27 pm Iraqi parliament to further discuss the draft general budget Iraqi Council of Representatives 07.01.2012 Completed the House of Representatives Saturday to discuss the budget 2012 and read it again in preparation for APPROVAL during the next few days. and late Saturday session for about an hour due to lack of quorum, after deciding to members of the coalition in Iraq to continue their boycott of parliament sessions, preferring to stay out of the chamber. National Alliance MP Ali inch likely to take the second reading of several days due to some objections to the terms of the budget. Kurdistan Alliance MP Qassem Mohammed pointed out that despite the boycott of Iraqi MPs meeting to discuss the General Budget Law, except that the internal regulations of the parliament did not prevent discussion of any law as long as a quorum is complete, He explained that the draft budget contains a lot of gaps will Parliament to find appropriate solutions to them before approval. Planning Minister Ali Shukri, who attended the meeting to participate in the discussion of the budget year 2012 expected in a statement to Radio Free Iraq that is adoption of the budget during the month of January, warned at the same time consequences of delaying approval of the conduct of investment projects and the development process in Iraq. The session saw the parliament on Saturday and also perform former Minister of State for Foreign Affairs Ali Alsjeri sworn in as a deputy in Parliament, which recessed until Monday next. http://www.iraqhurr.org/content/article/24444938.html

Just Remember...over 80% of all games are NOT decided by the spread,(the spread is the HOOK that bookies use)...the fav wins outright, or the dog wins outright...been doing this for over 30 years...just pick who you think will win the game and if you are correct you will make some cash, but ya got to win over 57% to break even to cover the juice or spread

Second or THIRD READING In a Few Days???...here is the link Iraqi parliament to further discuss the draft general budget Today at 2:27 pm Iraqi parliament to further discuss the draft general budget Iraqi Council of Representatives 07.01.2012 Completed the House of Representatives Saturday to discuss the budget 2012 and read it again in preparation for approval during the next few days. and late Saturday session for about an hour due to lack of quorum, after deciding to members of the coalition in Iraq to continue their boycott of parliament sessions, preferring to stay out of the chamber. National Alliance MP Ali inch likely to take the second reading of several days due to some objections to the terms of the budget. Kurdistan Alliance MP Qassem Mohammed pointed out that despite the boycott of Iraqi MPs meeting to discuss the General Budget Law, except that the internal regulations of the parliament did not prevent discussion of any law as long as a quorum is complete, He explained that the draft budget contains a lot of gaps will Parliament to find appropriate solutions to them before approval. Planning Minister Ali Shukri, who attended the meeting to participate in the discussion of the budget year 2012 expected in a statement to Radio Free Iraq that is adoption of the budget during the month of January, warned at the same time consequences of delaying approval of the conduct of investment projects and the development process in Iraq. The session saw the parliament on Saturday and also perform former Minister of State for Foreign Affairs Ali Alsjeri sworn in as a deputy in Parliament, which recessed until Monday next. http://www.iraqhurr.org/content/article/24444938.html

* Kaperoni takes on the initial exchange rate – DinarAlert: Dinar Recaps 01/06/2012 January 6th, 2012 03:32 pm · Posted in CHATS & POSTS (Iraqi Dinar Info) (Dinar Recaps Note: Below is Kaperoni’s opinion, which he is entitled to. It is important for all investors to hear that this is a possibility.) I continue to be asked almost daily about the rate when the dinar revalues. I assume this because the rumor gurus continue to push nonsense of a high rate. Some even saying 8+ lol Let’s get into this and put this to rest once and for all. First I want to address the biggest “hype” for a high rate..That Kuwait came out at 8+ so Iraq might also. This is not possible. First, Kuwait did not have close to 6-10 trillion dinar sold outside the country like Iraq has. Iraq through numerous articles has stated that they want the New Iraq Dinar to be part of the world’s currency reserves. That is a telling statement. First, no Central Banks are going to give you that kind of rate when you cash in so they can add that to their foreign reserves. That is simply foolish and makes no economic sense taking a risk that Iraq stays stable enough to maintain that rate. It just does not make sense. What does make sense is a lower rate around 1.2 to $1 in which these Central Banks (Federal Reserve in the case of the US) can buy your dinar and as Iraq prospers, so does the dinar. Ultimately, rising as oil production increases agriculture and manufacturing improves to a respectable rate. Iraq never stated they would have the highest exchange rate in the Middle East overnight. Don’t assume they will. When Iraq succeeds, so does the dinar and so does the world’s debt crisis. They are a developing nation and a GOI that is very unstable constantly challenged currently with sectarian violence. _ How do I know the rate will be around 1.2 to $1 initially? Because Iraq said so. Not once but numerous times. There are at least 20 articles discussing new lower notes and an exchange rate of 50 dinars equals about $43 US. That is in fact, 1.2 to $1. Assistant Professor and Dean Dr. Fadel who helped create the “delete 3 zeros” plan back in 2006-2007 states 1.2 to $1 and makes this offering… “The deletion process will be on according to the following: it becomes the U.S. dollar at today’s prices = 1200 fils in the sense that the U.S. $ 100 = 120 dinars, which is very suitable for such a stage that the government control inflation and keep it at reasonable levels.” Again, more confirmation of an initial rate of 1.2 to $1. Now one final bit of proof, Saleh who is Deputy Governor of the CBI has documented in tables that the rate of the dinar is somewhere from 1.17 –1.30 per $1. Again, more real confirmation.What is the CBI’s objective? To make the dinar strong? To make it the primary currency of Iraq? And to dedollarize? Yes, all of these are the goals. All of these questions can be solved with an initial rate slightly higher than the USD. Remember what the “delete 3 zeros” is…. It is simple a process and a transition from larger notes to smaller notes. It makes sense to gradually increase the rate from 1.2 to a higher 3+ rate over time so they can collect these notes and destroy them. This metered approach will prevent chaos, and corruption, and potential theft and violence on the streets as these larger notes are removed. Could I be wrong? Sure I could be off a bit on this rate, but I will not be off by much. Certainly not off by the silly rates these gurus put out. These rumor gurus play on your inability to know the plan. To know the facts and to know the process. They will continue to excite you with high rates as long as you’re willing to not hold them accountable for their comments. If these rumor gurus spent just 1 hour a day reading actual documents or table or chats from various real sources such as the IMF, World Bank, UN etc. they would have seen the evidence that supports a reasonable initial low 1.2 to $1 or about rate. What does that tell you?

can't forget FOOL TO CRY, from the worlds greasted rock band http://www.youtube.com/watch?v=TsvlOrRRlRI

Addressing the hype surrounding the Iraqi dinar to prevent more people from being misled about this investment. We will be updating this blog several times a week so please join to be notified about the updates. Thursday, January 5, 2012An Interview with Scooter I was recently fortunate enough to be granted a couple of hours with one of the most prominent and prolific dinar researchers out there. He's been around for a couple of years and he goes by the name of Scooter. As he points out in the interview he has never been paid for his research and doesn't sell anything. He started sharing his research in an effort to combat the misinformation and "intel" that was misleading people about the dinar, often with disastrous results. Sam I Am: I appreciate you taking the time to chat with me today. Scooter: Oh, you're very welcome Scooter: thank you for having me Sam I Am: Can you tell the readers a bit about your background? Scooter: Sure. Scooter: I was Born in Southern California. Scooter: The family then moved to the great northwest at an early age. Scooter: Northeastern Washington is a beautiful place to grow up. It was a small town 80 miles north of Spokane in the northern rockies. Scooter: It was particularly interesting being the wild and crazy kid that I was and your father was the Varsity football, wrestling, and Golf coach. Scooter: After high school, I moved to Phoenix and Went to College Scooter: Got my four year degree in 2.5 years Scooter: I knew if I didn't go blasting right through Scooter: I would never get it -- they called me PRIMATE back then - don't ask... Scooter: Started my first professional position in software design Scooter: moved to Chicago and got recruited by a very large organization Scooter: to manage their software development teams throughout North America Scooter: It was at that time that I did two things that changed my life Scooter: One Scooter: Started playing the FOREX market Scooter: Two Scooter: became a partner in a small startup software company Scooter: The FOREX venture started out bad --- at least the first week Scooter: we'll get to that in just a second Scooter: but the software venture exploded worldwide Scooter: The package was sold in 90 countries and 13 languages Scooter: big hit! Sam I Am: impressive Scooter: We sold the business in 2001 but I was still playing FOREX. Scooter: again -- wait for that story because it gets good Scooter: Nevertheless, sold the software company and moved back to Phoenix Scooter: Chicago has incredible culture and people but the weather really stinks! Scooter: Now Scooter: back to the FOREX Scooter: I started FOREX in 2000 Scooter: maybe 2001 Scooter: anyhow, I went into the game and purchased Forex Made EZ. Essentially, the product was supposed to do it all and provide indicators as to when you buy and sell. Scooter: In essence, I didn't have to think. Scooter: So, as a result the first week, being the impatient man that I am Scooter: I got DRILLED !!! I lost about 10k that first week Sam I Am: ouch Scooter: My better half lynched me !!! Scooter: but I loved this market Scooter: it was like nothing I've ever experienced Scooter: As a result, I had to go to classes before I could ever start trading live again. Scooter: somewhat funny -- but I learned a very hard lesson that I still practice today Scooter: Essentially, Scooter: Never chase the market Scooter: always let the market come to you! Scooter: My instructor pretty much told me my problem wasn't that I made the wrong decision Scooter: it was more of a patience problem from being a MAN Scooter: haha Scooter: anyhow -- I loved this market and ever since i've been active on and off for the past decade Scooter: At this time, I currently live in Phoenix and just acquired another software company and it's on the precipice of exploding Scooter: so, I'm pretty excited Scooter: I purchased my first DiNAR in 2005 Scooter: and my last batch in 2006 Scooter: I was on a plane traveling from Phoenix to San Diego Scooter: and saw a full page spread in USA Today Scooter: and bought immediately after exiting the aircraft Scooter: I thought it would be a 8 - 10 year play Scooter: and thought it would open around $0.35 Scooter: WOW! Scooter: That was one long sentence Scooter: LOL Sam I Am: that's okay Sam I Am: How did you get started on the dinar forums? Scooter: Ahhhh Scooter: The forums --- Scooter: Let's see, I think I joined one of the major forums in late 2009 Scooter: I met a couple of folks and went to chat in hopes to learn a bit more about this investment. Scooter: At that time, I was hot and heavy in playing FOREX. I was glued to analsys and research to learn about what's happening in the marketspace Scooter: I mainly was playing the majors -- rarely the exotics Scooter: but I quickly found out that the leaders in these forums Scooter: were stating information that was completely inaccurate but I stayed quietly on the sidelines Sam I Am: What do you think about the information available on the forums? Scooter: Since that time, the information and research has improved 100% Scooter: but I still think the community suffers from some basic problems Scooter: One Scooter: too much of the information is based on "INTEL" Scooter: and not on factual data coming from the organizations that do this type of work everyday Scooter: Just my opinion Scooter: at that time in early 2010 Scooter: the information was being spewed out there and I knew for a fact that it was completely off base Scooter: and I also witnessed innocent people getting hurt Scooter: hurt badly too Scooter: They were overleveraging themselves to the point of losing their homes and looking at this investment as a lottery ticket Scooter: As a result, I engaged myself and started the massive reading binge Scooter: Started posting the information and the response was Scooter: well, it overwhelmed me and I was honored by everyone's appreciation Sam I Am: So Scooter research began as a way of keeping people grounded and getting them to go by factual information? Scooter: Haaah! Yes. Scooter: I suppose so Scooter: I started doing organized chats Scooter: at several sites Scooter: not the kind where I came in and chatted with friends Scooter: but a thought out written chat Scooter: at that point, Scooter Research was "Branded" and had it's own identity Sam I Am: I see Sam I Am: Let's talk a little about the investment Scooter: one second Scooter: one last item Sam I Am: okay Scooter: thanks Scooter: NEVER in this venture have I received any fiduciary rewards or money or anything. Scooter: I always felt if I did receive cash, my credibility would be severely diminished. Scooter: I now have a blog Scooter: and now get some minor $ Scooter: from the ads -- but it's nominal at best Sam I Am: if it's like my blog it's very minor Scooter: I can buy my wife dinner a couple times a month Scooter: lol Scooter: Exactly Scooter: But I enjoy having it and it's my center where I post all my material Scooter: it's a hobby I guess Scooter: but Sam I Am: the URL? Scooter: oh Scooter: I'm allowed to do that Sam I Am: sure Scooter: Nevertheless, it's fun and I enjoy the research Scooter: it's just fun to me Scooter: I like the emerging market space and I think it's important today more than ever Scooter: particularly when we look at the current worldwide financial picture Scooter: I firmly believe that natural resources from sovereign nations Scooter: will be the next currency of the 21st century Scooter: at least, it will have a huge impact on the strength of the currency Scooter: so Scooter: I'm now researching over 42 Emerging Markets right now Scooter: learned a lot Sam I Am: I'm sure Sam I Am: now? Scooter: now, your question Sam I Am: What do you think the current money supply is in Iraq? Scooter: Haha Scooter: ok Scooter: Well, once again, I look at the facts Scooter: and I take that one step farther Scooter: for example, when the CBI post there bi weekly financial indicators Scooter: I like to verify this data with other organizations Scooter: Because data and statistics can be made to look many ways Scooter: depending on the audience Scooter: and in Iraq's case -- a double verification is always a good practice Scooter: anyhow Scooter: when taking a look at those numbers -- I try to verify with the IMF database or World Bank Database, etc.. Scooter: etc.. Scooter: does that make sense Scooter: I hope so Scooter: just a practice I try and do Sam I Am: yes Scooter: so back to circulation amount Scooter: and in Iraq, outside of banks right ? Scooter: ok Sam I Am: ok Scooter: As of December's report --- Scooter: the November's number are clearly showing 26.866 Trillion IQD outside of banks Scooter: shows m1 to be 57.997 Trillion Scooter: M2 67.160 Trillion Scooter: now Scooter: with that said Scooter: there's some variables that we need to look at Scooter: one, some of that could be in reserves of other countries Scooter: and those reserves will never see the shores of Iraq ever again. Scooter: that number is unknown right now Scooter: and nobody knows what that amount currently is Scooter: but Scooter: we do know that within the immediate area of baghdad Scooter: there's approximately 4 trillion in hard currency Scooter: Saleh just reported that one Scooter: with that said, and knowing Baghdad has approximately 6 - 8 million of the populace Scooter: we can start dissecting and making educated guesses Scooter: Now, the other unknown in this equation are two items Scooter: The $173 Billion USD sitting at US Treasury account that came from the DFI's Savings account Scooter: two Scooter: We don't know, how much $ is being sheltered from the partner countries Scooter: to be dedicated to Iraq when the structural changes go down Scooter: What do you think the circulation in Iraq is? Scooter: hahahah Scooter: sorry, I know., you're doing the questions ... Scooter: lol Sam I Am: My guess is 20 trillion Scooter: In Iraq? Sam I Am: Like I said, it's a guess Scooter: Correct Scooter: just like mine Scooter: I think it's in the 12 - 14 range Scooter: probably closer to 12 Scooter: I figure outside countries will carry 8 trillion Scooter: independent investors is unknown and the speculation is all over the map. Scooter: like I said -- everything is a guess -- ha ha Scooter: I think the moves that are required to reduce the circulation of the larger notes have been occurring over the last six months in country Sam I Am: Do you think there has been a significant reduction of IQD in circulation in Iraq? Scooter: Yes! Scooter: I think they will make the structural changes and we'll see a hybrid conversion Scooter: the larger notes will be sucked into the CBI and they will SOIL those notes immediately Scooter: the value is still the same -- i mean of the aggregate number --- Sam I Am: replaced by USD? Scooter: if the value of there reserves were 25 Billion before -- it will be valued at 25 billion when they convert Scooter: No Scooter: they need to to create immediate demand for IQD Scooter: they need to de dollarize their economy and fast Sam I Am: right Sam I Am: that's their stated goal Scooter: Their goal will be to make the IQD the standard throughout the country Scooter: and make it attractive to do business inside the country and to investors inside and outside the country. Sam I Am: okay, so you're saying the IQD will be sucked into the CBI upon the RV? Scooter: I think they are already reducing the 1000 series notes as we speak Scooter: but we won't have the details of their banking circulation for the year Scooter: until the third week of January Scooter: maybe fourth week Scooter: that's when some good juicy details about the exact make up the the circulation comes out Scooter: it will tell us how many 25k notes are in the private banks, government banks, and individuals hands Scooter: all the notes and coins Scooter: but they only provide that report once a year Scooter: So they will suck those notes in and deploy the CPI immediately Scooter: remember, they have already deploy almost 2 million of those smart cards Sam I Am: CPI? Scooter: those cards are like having 15 wallets or files on you Scooter: Consumer Price Index Scooter: They modified it in March of 2010 to reflect the lower denoms Scooter: they just haven't deployed it yet Sam I Am: ok Scooter: also, those Iraqi citizens will immediately need to open their first checking account Scooter: if they haven't already Scooter: they'll deploy the lower denoms and coins immediately Scooter: and suck in those larger notes Scooter: I don't think they'll be able to do this all at once Scooter: it's virtually impossible to do this in a short period of time Scooter: As a result, they will be encouraged in some way shape or form to convert that CASH into electronic form Scooter: Just my opinion Sam I Am: okay Scooter: one other item Scooter: they need to develop their Government Bond and Commercial Bond market space Scooter: That is very very critical Sam I Am: Yes, Enoch made reference to that Scooter: Yes, the government needs liquidity and that's what these bonds can provide Scooter: Those bonds will help pay for these critical projects over the long run Scooter: It appears they are leaning toward the Japanese model Scooter: but Scooter: that's another discussion Sam I Am: How does your view now differ from your original time frame and expectation of $.35? Scooter: Good question!!!, Scooter: when I first made my estimates, Scooter: I hadn't reviewed the 1000's pages of documents from multiple organizations Scooter: So my opinion has changed quite bit since that time. Scooter: Now, with that said Scooter: let me make the disclaimer Scooter: anything, and I mean anything, can occur in this investment Scooter: that includes nothing happening at all. Scooter: but when the founders of the plan developed the details, they had several strategic goals in mind Scooter: one Scooter: Significantly improve the lifestyle of every Iraqi citizen Scooter: move them from earning $2.00 a day per family to Scooter: something significantly better with a currency that had a strong purchasing power Scooter: With that goal achieved, the citizens of Iraq, in theory, would be drawn to more market driven activities Scooter: We knew they had all the resources Scooter: but politics, the enemy, and several mistakes made throughout has slowed the process down considerably Scooter: second, Scooter: Iraq needed to be the poster child for western democracy throughout the middle east Scooter: as a result, Scooter: this RV was built around several financial Tranches Scooter: some of those haven't occurred but are waiting for the right moment Scooter: The idea was to plant several economic explosions in locations that will take off in their economy, invigorating the private sector and foreign investment Scooter: For example, agriculture Scooter: that was one of the targets Scooter: At one time, Agriculture was a far bigger contributor to their GDP than oil Scooter: it was close to 37% Scooter: Nevertheless, Scooter: this had an impact on my opinion as to the price point to open. Scooter: Saleh has said the real value of the IQD is around $1.30 Scooter: the 2009 budget, as evidenced by the Tables of increases from their budget, came in at $1.17 Scooter: 2010 -- $2.05 Scooter: 2011 -- $1.27 Scooter: Now that combines both the operational budgets and Investment budgets. Scooter: So to answer your question my friend Scooter: $0.35 ? Scooter: NO Scooter: I don't think so -- I think there's another plan that hasn't been seen or discussed in the forums Scooter: and they will be paying for this RV in some other way Scooter: Just my opinion Sam I Am: ok Sam I Am: and the time frame is .... whenever? Scooter: Haaaah!!! Scooter: Who knows Scooter: I can show you documents from the IMF Scooter: that indicated the structural changes were to occur at the same time as the parliamentary elections of 2010 Scooter: Nobody knows -- but they are behind scheduled -- that is for certain. Scooter: it could be June 2013 Scooter: when the Iraqi Banking reforms are scheduled for conclusion Scooter: nobody knows Scooter: but remember, the banking industry and governments are the BEST at misdirection Scooter: they will have you look to left and sneak through the back door and steal the cookie jar. Sam I Am: Okay, one last question Scooter: I have one more in me Sam I Am: What is your advice for dinar speculators and potential investors? Scooter: Haaaah! Scooter: I can't provide any advice as I'm not a licensed financial planner Scooter: however, Scooter: I will say this again --- there's far too much INTEL out there being provided, with the majority being incorrect Scooter: However, this is a great opportunity !!!!! Scooter: I won't deny that but I still treat this as something riskier than a penny stock Scooter: because it is. Scooter: and nobody knows what's going to happen for the exception of about 3 - 5 people Scooter: in the world. Scooter: but the good news is that there's strong tangible evidence that suggest the RV will occur., Scooter: Logic dictates that it's required sooner rather than later Scooter: That's it Sam I Am: Anything else you'd like to add? Scooter: I don't think so --- I think I've bantered about for the last hour and a half Scooter: lol Scooter: lol Scooter: I'm good! Sam I Am: Okay, thanks for your time and all of your research Scooter: I just hope this was helpful ! Scooter: You are so welcome Sam Posted by Sam I Am at 2:32 PM

Nicer job again, Kap

Hi Steve, I know you are watching DV, or one of your spies......didn't you say it was going to RV back in May of last year, with a 200% assurance of it happening???...by the way, How is Nurse Nipples?????

Tony gets alot of calls, hope he has unlimited calling

don't know either, but the IQD Team is having their call tonight, without Joey and Vic...maybe they will give insight to where she went

If he wants any help, I can point out some to him

why is his crap always posted here???....If you are going to post from someone elses site, let it be from someone who does not give a rate or date, just the facts mamm