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Spud

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Posts posted by Spud

  1. Washington - The White House on Tuesday denied a report that the Obama administration has decided to slash the number of US troops in Iraq to 3,000 at the end of the year.

    Quoting "multiple sources familiar with the inner workings and decisions on US troop movements in Iraq," Fox News reported Tuesday that the number of US troops in Iraq will be reduced to 3,000 at the end of the year, a proposal that has been approved by Defense Secretary Leon Panetta.

    Continues ..

    Press Secretary Jay Carney responded with a flat "no" when the accuracy of the report was questioned at the White House's daily press briefing.

    The administration is "in negotiations, consultations with the Iraqi government about what our relationship with Iraq will look like going forward," Carney said.

    "We want a normal, productive, healthy relationship with Iraq," he said. "If the Iraqi government makes a request of us, we will certainly consider it."

    More than 40,000 US service members are now stationed in Iraq, and they are to pull out completely by the end of 2011, according to a security agreement signed in 2008 between Baghdad and Washington.

    http://www.chinadaily.com.cn/world/2011-09/07/content_13636142.htm

  2. I would imagine that those are "combat troops" that they are referring to. Obummer is gearing up for campaign season and I am sure he has a few tricks up his sleeve. Funny, I bet most of the troops that leave are going just a hop skip and a jump over to Afgainistan. We still will have Iran surrounded. I wonder how many "non combat" military personal will be staying in Iraq.

  3. Ya know if this is the way this plays out. We as Americans should stand up and let our Govt know that we will not stand for anymore handouts given to these other countries. We hand out billions of us dollars every year to these small Arab countries and for what. To be stabbed in the back for our troubles.

    Sorry must have woke up on the wrong side of the kennel this morning.

    I totally agree. I think it's time for Americans to stand up and stop a lot of things. Unfortunantly the fact that folks on the left and the right still just want to point fingers across the isle and say "It's their fault!" is really hindering any progress. It's time we come together as a nation and put a end to fleecing of the American people.

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  4. I wonder if this has anything to do with Mr. Obama unveiling his jobs and economic plan to a joint session of Congress on Thursday? I know im a newbie on here but I have held Dinar for a little over 2 years and I am ready to retire already. Lets getrrrr duunnn!!! GO RV!!!

    I sure hope there is a connection. The mining and minerals thing ( I forget the name of it) in london is on the 7th. They said Iraq's true potential will be unvailled for the first time, showing billions of dollars in investment opportunity. I hope this is connected as well.

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  5. SInce the CBI above all else wants credibility I would expect their docs to be good. You can look at this site as well http://www.oanda.com/currency/historical-rates/ It doesn't show the same progression, but clearly shows the dinar at 3000 by 2000 not jumping up there in 2003. (note to make the dates stick be sure and click on a day not just reset the year or month in the calendar). The idea that the IQD was artificially devalued is a key part of the argument that it can be revalued, but that is just wrong. It was devalued due to massive currency printing. The same pie cut 60T ways gives 3000x less to each slice than if cut 20B ways.

    Sorry, I didn't see the numbers down on the bottom on the left. But $0.33 USD in 2003 does not match the explanation under the graph where it says "2003 In october 2003, the official Dinar-dollar exchange rate was ID1 to US$0.00027." Then before that it says "1986–2003: 1986–2003 between .33 cents to 1.32 to a dollar." i.e. I would not trust this graph.

    Cool, thanks for the link! I hate it when my bubble gets burst, but I won't ignorantly believe 100% of the hype. I am definantly gonna ride this out though and remain hopefull!

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  6. Do you have any links to back up your statement? The graph I put up clearly shows the dinar being .33 cents in 2003. I'm not saying the chat is right for sure, I would like to see another graph from a differnt source to cross reference this info.

    I would like to see a source other than the CBI. I do see where it says 3000-1 in 1995 on the CBI history.

  7. Phoenix: "how did the dinar get to have the 000s, it was devalued in Sept 2003". Its not just bull, its a blatant lie. From the history page at the CBI "Due to excessive government printing of the new notes issue, the dinar devalued quickly, and in late 1995, US$1 was valued at 3,000 dinars." Note that Spud's favorite graph is also wrong on this as it does not include any data points between 1986 and 2003, but even it shows a steady decline, not that it was only in 2003 that it lost all its value. In reality the graph should go below todays level in 1995 and them come back to its current (but still dismal) exchange rate.

    Do you have any links to back up your statement? The graph I put up clearly shows the dinar being .33 cents in 2003. I'm not saying the chat is right for sure, I would like to see another graph from a differnt source to cross reference this info.

  8. Don't worry abut Dinarrhea. He is just trying to live up to his name: Don't want to be around it, smelly, don't want to touch it, looks bad, and nobody wants it.

    Haha! I can see he(or she?) has a boat load of negs in the short time they have been a member here. +1 for you and every one else but Dinarrhea!

    I listen to his 8:00 recording later in the evening, every night, so I guess it would be considered his podcast. I go to www.blogtalkradio.com, put asdf in the box up on the right part of the screen. I click the current days blog to be heard and request to be notified before 8:00, and I get it in my email.

    He seems to be pretty excited about things these days.

    Oh, I am so sorry! I accidentally hit the - button, I did not mean to do that! I will even you out some where else! Again, so sorry!

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  9. I just don't understand why people use other countries hyperinflation and RD as a model for Iraq. If you put Iraq side by side with lets say Turkey or Brazil, there is a lot of big differences. I was really happy to hear Phoenix point some of that stuff out. I hope we can see this ride coming to an end with in the next few months. :)

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  10. Sorry about that. Josh's link appears to work.

    It's the show titled The Unexpected for 9-4-11. He talks about why there will not be the dreaded "L" word. I think he gives some great reasons.

    Here is a link to a graph that I always really liked, and I think it backs up his statements. http://www.edinarfinancial.net/history.php

    http://m.blogtalkradio.com/asdf/2011/09/04/the-train-kept-a-rollin

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