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SurfingTheDinarWave

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Everything posted by SurfingTheDinarWave

  1. Here's the problem with what you just said, The R/V will come first then the lower denoms will replace the larger notes as they come in that is the exact process Shabibi has said himself in several speeches at the World Bank and IMF. What you said is that the lower denoms will come out then the R/V will take place later which is an R/D, when you are actually wrong, what you described is a l0p and not what Shabibi has described. This is a very simple description of what will go down, I'm not a guru nor do I have sources I just pay attention to details when Shabibi speaks not when the Lopsters speak because they argue for days about nonsense and can't read the writing on the wall if someone pointed it out to them and it was in glowing neon lights! I gave you neither neg nor pos, cause it is my understanding that you just do not know what you are talking about and fail to pay attention to current events not just in Iraq but globally.
  2. Exactly, AD, we are planning to take the large denoms out of circulation raise the vale of exchange and hand out smaller denoms to make transactions in the marketplace easier and counting simple!! It's plain English with an Arabic sentence structure twist!!
  3. A good leader knows when to shut up and listen, a great leader knows when to take the lesson learned while listening and put it into action!! O has those dumbo ear but can't shut his mouth enough to use them for he was given them for!!
  4. Former General Electric Chairman Jack Welch says President Barack Obama cannot lead the U.S. and doesn't deserve a second term. He says the remedy needed for the ailing economy involves a mix of tax and entitlement cuts and no new regulations. "I want to take this administration out," Welch says. "They don’t understand how to create jobs ... America is the greatest country in the world, and we have everything going for us except a government that is not supportive of capitalism." __________________________________________________________ 71% Disapprove of Obama on the Economy — Gallup Poll And 76% of Americans think it will get worse! ___________________________________________________________ To streamline the economy, Welch says if he were in charge, he'd shave 25 percent off current discretionary spending and another 5 percent off military spending, which would save about $1.3 trillion over 10 years, according to CNBC. Then he'd freeze new regulations until the unemployment rates drop to below 6 percent from today's 9.1 percent level. President Barack Obama (Getty Images photo) Entitlement programs would be up for reform as well. "I shouldn’t be getting Social Security. I shouldn’t be getting Medicare benefits at the level I’m getting," Welch tells CNBC. President Obama says he favors raising taxes on the nation's wealthy, a proposal Welch calls as a transfer payment. "You take if from one pan, put it in the other. It doesn’t work," he says. Welch has thrown his support behind former Massachusetts governor Mitt Romney. Obama is working hard to push his $447 billion jobs bill, which comes hand in hand with tax hikes on the rich, pointing out that failure to approve it in Congress will keep unemployment rates high. "There will be fewer jobs and weaker growth. So any senator out there who's thinking about voting against this jobs bill needs to explain why they would oppose something that we know would improve our economic situation," Obama says in a weekly radio address, according to the Associated Press. © Moneynews. All rights reserved. http://www.moneynews.com/StreetTalk/Welch-fix-Economy/2011/10/10/id/413801?s=al&promo_code=D37A-1
  5. Retail investors should pay more attention to emerging markets than they did in the past, when their exposure was probably limited to part of an equity fund, say experts like Mark Mobius and Ivan Leung. U.S. and European financial and economic woes should prompt wise investors to look at emerging-market bonds and currencies, especially. "What's happened is now not only an interest-rate play but a currency play," Mark Mobius, executive chairman of Templeton Emerging Markets Group, tells CNBC. "You've seen these currencies in emerging markets strengthen over the last five years." Mark Mobius (Templeton file photo) Others agree that sound economic fundamentals will make emerging-market bond and currencies more attractive, especially while U.S. and European currencies continue sliding. "Eventually emerging-market currencies and the [Chinese] renminbi [or yuan] will be coming to the forefront," says Ivan Leung, chief investment strategist for Asia at J.P. Morgan Private Bank, CNBC adds. "And local, emerging fixed-income markets offer real yields. Sovereign credit ratings and fiscal fundamentals are trending upwards." Still, in times of uncertainty, investors often abandon higher-yield assets and run to what they deem dull but safe, often U.S. Treasurys. Stocks and bonds in emerging markets — those in countries that growing in the footsteps of industrialized ones — have been falling as part of the global selloff as foreign investors bolt to safety. That poses a problem, others warn, as when investors bolt emerging economies they often send markets on wild rides in their wake. "All the ingredients are in place for a similar crisis to occur. The question is what magnitude," says Benoit Anne, head global emerging markets strategy at Societe Generale, according to Reuters. © Moneynews. All rights reserved. http://www.moneynews.com/StreetTalk/Mobius-Attention-Emerging-Markets/2011/10/10/id/413800?s=al&promo_code=D37A-1
  6. Has his Lopster traps set...and scattered in the typical nesting grounds...gonna get the vats ready for the boil and the butter churned and melted for the eating!! LOPSTER BOIL at the Beach bring your surf boards and your friends and family it's going to be great time and feast for all!!
  7. Their blacklisting does not change who I am voting for has been Ron Paul and will be Ron Paul! All Americans need to listen up, we are Americans' not Chinese nationals, British nationals, Persian nationals, or any other country...we need to mind our business stay out of their way and take care of our own. Stop hiding under secrecy like those who are scared would do, we are not scared we stand for what is right together united, and here's the kicker no other GOP candidate understands that and stands for that like Ron Paul none of them, especially Herman Cain who supports everything we have going on and was a FED Chairman. We don't need him, we don't want Romney, nor Perry they are puppets...We need a real American not a puppet!! That my friends is Ron Paul!!!
  8. I am not calling an RV, just stating the title of the article link is provided so you can see for yourself!! Palm - Deputy Governor of the Central Bank of the appearance of Mohammed Saleh: that the bill included proposals for a new currency and the groups that carried and details of technical and economic. Saleh pointed out during the permit media to switch the currency and the deletion of zeros decision taken by the executive branch and approved by the legislature, and that the project will not be implemented hastily, but will be taken among other factors to consider before you start to implement it, including the date of the financial year and the strength of the national economy, among other indicators in the favor of the view that This law, if approved, will have a positive impact on the Iraqi currency in several aspects of the need during the next phase, which will strengthen the value of the Iraqi currency. He described the favor of a system of cash payments of the current Iraqi regime miserable, noting that the largest denomination in which value does not exceed twenty dollars, stressing that the deletion of zeros will enhance the value of the Iraqi currency, and reduces the cost of handling cash, currency should its current estimated size of today Petrlionat dinars, making the process of dealing monetary cost is high. And the concerns of rigging the new currency in the event made or it will affect negatively on the economic situation, responded in favor of: that it reflects the look bleak, do not forget that there are other countries in deciding to switch its currency and dropped them zeros, such as Turkey, Romania and Brazil, without being of its economy to shocks and thus Iraq is not engaged in unknown waters or walking on the road did not knock him one before is likely to include the new currency for the population of the coin by the paper. The increased zeroes on the Iraqi dinar to the days of inflation, which came on the value of the Iraqi currency as a result of previous wars and the subsequent economic blockade was over, the currency of Iraq to the paper was printing the former regime, issued in large quantities without the cover, while the Iraqi dinar until the mid-eighties equivalent of more than three U.S. dollars. But the adviser to Iraqi Prime Minister for Economic Affairs Abdullah Hussein Al-Anbuge said in a press statement: that corruption is rampant in state institutions and the low level of efficiency and economic situation in general at this time not in favor of lifting of the zeroes. He pointed to what he said that he was pitfalls will change the currency, and the deletion of zeros, including the risk of fraud and increasing the demand for goods for reasons of fake due to payment of dinars instead of a thousand dinars, as now, explaining that the re-printing of new currency will have the costs of expensive, stressing that attempts will be made to convince the bank Central plans to slow down in this regard. Previously, the President of the Iraqi Securities Commission confirmed that, earlier, that the deletion of zeros from the Iraqi currency will not affect trading in the Iraqi Stock Exchange and its shares The director of a money transfer companies externally Sami Rashid: I think that lifting the zeros from the currency will increase confidence in the currency, and will lead to increased purchasing power of citizens, and the phenomenon of trading blocs will drop large cash used by Iraqis since the nineties. He believed economic analyst Talal Jassim said the switch of the Iraqi currency a necessary but pointed to the need to provide the conditions necessary for its implementation, particularly the security and political stability, adding that the relative stability of the Iraqi currency after the issuance of currency recently, and the result of the return link Iraq to the global economy and the availability of reserves of foreign currency due to oil exports , encouraged the Central Bank to consider the deletion of zeros. Jassim added that the lifting of the zeroes of the three will lead to an exchange rate of one dollar per dinar to Jasim, who called to the need to follow the policies of peaceful citizens and to persuade them to get used for a period not exceeding two years. http://translate.google.com/translate?sl=ar&tl=en&u=http%3A%2F%2Fwww.nakhelnews.com%2Fpages%2Fnews.php%3Fnid%3D11181
  9. The swift codes he is referring too were last week changed to MT527 which refers to the instruction set the bank gets printed out, then on it they get a BIC # which is the 8-12 digit code they insert and it activates the instruction set in their system. The new swift codes this week nobody has said the MT# I'm interested in knowing it since that is the identifier of the set of the instructions the code will plug in when they enter it in the system.
  10. The one thing you are all missing is that in order for Chapter VII to clear Iraq has to RV and be internationally recognized it is a prerequisite to move into acceptance of Chapter VIII, which by the way is only accepted when they feel like they can be responsible and ready to accept it themselves it's not something they will be granted it is assumed they will accept Chapter VIII after Chapter VII is released with a trade-able internationally recognized RV'd currency...That is the fact you can look it up in the UN regs and the IMF as well the UN sanction we are waiting for has been granted and placed on Iraq to do what they said they would, same with the IMF's sanctions!!
  11. Ok, so what is the new swift code cause last weeks MT527 has nothing to do with foreign currencies it's a securities market code, and dinar recaps posted about the same code as last week when richqueen clearly states "new set of code" but she fails to say which code which is public knowledge!!
  12. So what you just said is the price of a coke which is 1170 right now would gradually go down and stay 1170 after RV, you and xyzzy are both smoking some good stuff, cause yes the RV will make the price go down immediately cause it will no longer cost the merchant 870 to buy the coke they sell for 1170 it would cost them .60 dinar they sell it for 1 dinar not 1170 gradually down to 500 dinar and on down to 1 dinar. yes they must redenominate (which is not a l0p) after they RV, redenominate meaning I have a 25,000 note I still have 25,000 dinar only I get it in smaller notes that added up will equal 25,000 dinar!
  13. Your post much like any other I have seen from you is misguided and completely untrue! The cost to import goods will go down and tariffs and taxes will take effect keeping a balance on exports. I don't know who taught you economics but I sure would like to know so I can be sure I don't learn from them nor anyone in my family does. They also won't be using a value of USD like we will here they will be using a value of Dinars so 10 dinar is still 10 dinar whether or not you get it from 10 one's, 2 fives, or 1 ten. Now real estate you say I hope you know something about this cause now your in my business, the average Iraqi is said to hold 100,000 dinar so they would still have 100,000 dinar and rent say 1,000,000 a month now goes too 1,000 a month. Now with their 100,000 dinar they need to get their family some clothes cause they couldn't afford them before, they need to get a vehicle to get around and to and from work, and they need to be able to have some rent money saved or a down payment on a new house of their own, not to mention food, electricity, phone, water, fuel for the car so knowing all of this how far do you think 100,000 dinar will go after RV....hmmmm my guess is not very far they might end up with a family of 4 having a savings of 5,000 dinar left over maybe 20,000 if they stay renting and they have say a years worth of rent and emergency funds. All this must be bought before they even have a job since they have a 80 something % unemployment rate. They probably have yet to pay their rent for the last few years due to not having enough to live on and barely can feed themselves let alone a family, they live in run down war torn buildings for shelter and slum like settings, most of them don't have anything at all. You really think after they start with 100,000 dinar within a few days that will not be spent getting the necessities gathered up, and securing a meek future to go find a job. I now understand that you have no heart, you think like a horse with blinders on directly in the direction you want to look ONLY!! Like I have told and many others keep your agenda to yourself, cause it doesn't fly around here if it even gets off the ground it gets shot down! Use some common sense, before you open your mouth!!
  14. We will find out with Talabani holding a press conference tonight about the results which is basically either gone on or is to go on after their morning prayer.
  15. Oh I want one of those, would rather it be Made in the USA than in China where Dewalt makes their stuff now though
  16. Just so you know and understand what is taking place, if Iraq were to simply just RD they would then have to pay all the debt which all countries forgave them of because they agreed to RV, just understand that we have talked and debated this here on DV I have been one who has debated it many times with many people and they still had no real answers that were relative to the situation at had, they tried their damnedest to relate it to Turkey, which we all know is like comparing a Blizzard to a Tropical Rain Forest. But since the narrow minded can't see the larger picture I suggest sitting back and watching it unfold rather than throwing out your negative opinions, they do more damage than good! Remember when your mother told you: "if you have nothing nice to say, say nothing at all" That principle still applies! Fact is they will RV first then in country they will RD, they will bring in all the large notes and make money on the entire process, Trillions at that, much more than what we will make even though we will be millionaires.
  17. I think there is a problem with the audio recording it stops at a certain point and either misses a lot of info or doesn't restart.
  18. HAHA every 1000 years just like 07/07/07, or 10/10/10 next year we will see 12/12/12
  19. I thought I was feeling like this also, then when reading this it suddenly hit me, because we realize this we are now aware of our stewardship, our being aware has given us the power to allow God to keep working within. God does not stop putting this altogether just because one person is lagging behind he gets them up to speed to proceed with the rest as the master plan continues to move along. Some of us take longer than others to get our house in order, those who have given up everything they had for this investment have one room at least a mess in that house, but at least that mess is confined to one room it could be worse. It goes both ways, I realized that just a few minutes ago more than I ever have, which is why we as a community must come together and help to get those who are falling behind up to speed with our combined efforts it makes the learning curve and cleaning process happen faster DON'T give up on your brothers and sisters they will keep up and when they get caught all the way up they may end up passing you even!
  20. Yes Sassy the BIC code is the 8-12 digit transfer code, the SWIFT MT 527 is the instruction set to refer to which initiates the transaction.
  21. What the SWIFT code tells you is some form of instructions related to the transaction which the BIC # is 8-12 digits that is included on the SWIFT code instructions sheet that accompanies that particular transaction.
  22. I'm thinking they needed a cover company to get this done that would make money on the ISX in order to fund an RV, without raising suspicion to the outside world at the time this project was setup for those who were supposed to not let the cat out of the bag now that it has they had to fund it much more, JMHO, but it does make sense do you remember the talk of GWB and Cheney investing in this COLA Company back in 2003 I recall that among the oil companies they invested in over there.
  23. AD, I agree with you about lies but there's something interesting I noticed about that site, the links in the paragraphs of explanation don't work so I did a little of my own digging and found this: http://www.fraudaid.com/how-to-deal-with-having-been-conned/Wire_Transfers/SWIFT.htm What is a S.W.I.F.T? S.W.I.F.T. (or SWIFT) stands for Society for Worldwide Interbank Financial Telecommunication. It is a non-profit organization comprised of member financial institutions. It was established in 1973 by European bankers who needed a more efficient and secure system for inter bank communications and transfer of funds and securities. Until then, all inter bank communications were by telephone, telex, courier, or mail. Whereas a Fedwire contains no instructions past the basic funds transfer itself, SWIFT is a messaging service. Each type of message is a condition of wire transfer. One cannot refer to a SWIFT message as a "Conditional SWIFT" per se, since all SWIFT's carry conditions. Swift Messages SWIFT messages are preset and referred to by category numbers called MT numbers. For instance, MT800's only deal with Traveler's Checks, MT300's only deal with Foreign Currency Exchanges. Each type of message or condition in each category is preset as well. For instance, there are 89 different messages available under the category MT500. This does not include the occasional sub code. Certain phrases are allowable; however, but these must be short and to the point, not exceeding a certain number of letters, and the phrases must be acceptable under SWIFT standards. Each MT category has its own manual of standards. Depending on the size of the financial institution, each department may only be familiar with the MT manual that pertains to wire transfers made by that department. What this means is that one cannot write SWIFT instructions that do not work with the preset messages and expect the sending bank to accept them, or the receiving bank to respond. For instance, HIGH-YIELD INVESTMENT PROGRAM fraud often involves wiring funds to a foreign bank in exchange for a PRIME BANK GUARANTEE. Sorry folks, that doesn't work. One can wire funds in exchange for a specific financial instrument, provided the funds are consistent with the cost of the instrument, and provided all the correct arrangements have been made for the issuance of that instrument according to INTERNATIONAL CHAMBER OF COMMERCE rules. What does a SWIFT look like? A SWIFT consists of a one-page document containing the name and code of the originating bank, the date and time, the address and code of the receiving bank, the name and internal code of the officer initiating the transmission, the names and numbers of the accounts involved in the transfer, a description of the asset being transferred, the MT category of the transmission, and acceptable, standardized phrases as described above. And this next link describes what MT 527 means and how it is used: http://www.10588.com/pub_web/swift/books/us5mb/doc/alaf025.htm
  24. krome, sorry to tell you this but that person was wrong or misleading whomever that was that said that. Here's the truth and why that could very well be possible: What is a S.W.I.F.T? S.W.I.F.T. (or SWIFT) stands for Society for Worldwide Interbank Financial Telecommunication. It is a non-profit organization comprised of member financial institutions. It was established in 1973 by European bankers who needed a more efficient and secure system for inter bank communications and transfer of funds and securities. Until then, all inter bank communications were by telephone, telex, courier, or mail. Whereas a Fedwire contains no instructions past the basic funds transfer itself, SWIFT is a messaging service. Each type of message is a condition of wire transfer. One cannot refer to a SWIFT message as a "Conditional SWIFT" per se, since all SWIFT's carry conditions. Swift Messages SWIFT messages are preset and referred to by category numbers called MT numbers. For instance, MT800's only deal with Traveler's Checks, MT300's only deal with Foreign Currency Exchanges. Each type of message or condition in each category is preset as well. For instance, there are 89 different messages available under the category MT500. This does not include the occasional sub code. Certain phrases are allowable; however, but these must be short and to the point, not exceeding a certain number of letters, and the phrases must be acceptable under SWIFT standards. Each MT category has its own manual of standards. Depending on the size of the financial institution, each department may only be familiar with the MT manual that pertains to wire transfers made by that department. What this means is that one cannot write SWIFT instructions that do not work with the preset messages and expect the sending bank to accept them, or the receiving bank to respond. For instance, HIGH-YIELD INVESTMENT PROGRAM fraud often involves wiring funds to a foreign bank in exchange for a PRIME BANK GUARANTEE. Sorry folks, that doesn't work. One can wire funds in exchange for a specific financial instrument, provided the funds are consistent with the cost of the instrument, and provided all the correct arrangements have been made for the issuance of that instrument according to INTERNATIONAL CHAMBER OF COMMERCE rules. What does a SWIFT look like? A SWIFT consists of a one-page document containing the name and code of the originating bank, the date and time, the address and code of the receiving bank, the name and internal code of the officer initiating the transmission, the names and numbers of the accounts involved in the transfer, a description of the asset being transferred, the MT category of the transmission, and acceptable, standardized phrases as described above. http://www.fraudaid.com/how-to-deal-with-having-been-conned/Wire_Transfers/SWIFT.htm
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