mervin

It is liberalism or what they try to call "progressive" that has brought us this. We gave up personal accountability for the nanny state. Too many people are willing to let the government provide for them and enslave them. We will all be beholding to the government if we do not take back control of our government and shrink it back to the basics or what government should be responsible for. I had a person thell me they want free health care and want the billed passed. I said I would like free health care also but IT IS NOT FREE. We all pay for it. NOTHING IS FREE. If the government provides it, we paid for it. The less they provide the less we pay and the more money we have to spend and enjoy life in America which drives a thriving economy. Some day more people will wake up to this and hopefully it will not be too late to reverse all this BS.

If a loaf of bread cost $5000 dinar now and they lop 3 zeros, the price of the loaf does not change. The purchasing power of the dinar goes way down and the people suffer big time. If it cost 2000 dinar to make that loaf before the zeros are dropped, how much does it cost to make it after? This is why they will not lop in addition to all the nations holding dinar that helped to free and rebuild this country. A lop would decrease the debt owned those countries. Now most of these countries forgave Iraqi debt knowing they were holding dinar that would be worth more after an rv. Doe you think these world powers that are all suffering with the economy will simply erase huge debt and take a lop on the dinar they hold just so Iraq can become a financial powerhouse once the start pumping all that oil. **** no. These countries are also looking for payback in currency and/or oil deals. There is no free lunch for Iraq.

He is referring to China. Yuan is being held artificially low by the Chinese government. This gives them a huge price advantage helping their recovery by increasing their exports. Everyone else is at a competitive disadvantage in the world market. The G20 has been pressuring China to allow the Yuan to float again as they know it would drive it up quickly. Yes their is a world push to get off the dollar peg and onto a market basket peg made up of several major currencies including the dollar. Obama does support this as doe the IMF and UN. If this happens the dollar will fall sharply

People please read "intel" with some degree of scrutiny. I read yesterday about the Fed ending the liquidity swaps on Feb 1 because they know the rv is coming. This poster made a good case and it would be easy to trust it as fact unless you stay a bit of a skeptic. When you read the WSJ article it is clear whay they are doing it. This was started at the beginning of the crisis and was used heavily. It is no longer being used and therefore is no longer needed. It is not a temporary stoppage, it is permanently ending. You see, all of what we read here is someones interpretation of what they read and they spin it to fit their need. Go back and read all the links and intel provided and you will see what they "claim" as fact is not actually stated in the intel. They do not use the same words and they words used can have many different meanings. Read for yourself, be skeptical, see if this can be interpreted another way, but by all means please stop praising these people that continue to feed you "intel" that has NEVER EVER BEEN RIGHT OR EVEN CLOSE TO RIGHT. Talk about being a sheep. Burn me once, shame on you, burn me twice, shame on me. Iraq is moving forward. They are building a strong financial foundation and infrastructure. They have oil contracts in place to bring a ton of money to them. They have their own stock market. They past a budget. They will hold free elections AGAIN. And they will be removed from chapter 7 soon. There is simply no way their currency can remain at this level with all the good things ahead of them. Time is the only factor.

Too many uneducated people in this world and too many that believe what they hear on liberal media without doing thier own research. Under Bush (Jr) following 9/11's financial disaster (do you remember this at all?) the Bush tax cuts drove immediate job growth and GDP growth for 54 straight months. We saw RECORD GDP growth and RECORD revenue receipts for the government. By CUTTING taxes, jobs went UP and tax receipts went UP. What BHO is doing is trying to get the government to create jobs which ahs never worked and will not this time. These job eventually go away because there is no real DEMAND for them. Kenesian economic, basic supply and demand. If there is real demand, the free market will create the product and company and therefore jobs to meet that demand and they will be more longterm than the gov created jobs. Now, The last 2 years of the Bush admin, the DNC had full control of Congress. This is when Republics warned them about the condition on Fannie and Freddie and the pending disaster. This is all on video and on the web for you to find. The DNC controlled congress ignored the warnings. Bernanke himself was warned by a recognized world expert on economics about Derivatives and the danger we face. He ignored her warnings and then went about ruining her name and career. Turns out she was right. This too is on the web for you to read. The DNC, liberals want large government...look around...how many jobs have been added to the gov since BHO took office? The fed budget grew 84% not including the stimulus package. All of this while industry shed jobs and cut budgets. BHO saved companies from going out of business but we will all pay the price for this. Kenesian economics work when allowed to operate without interference. If GM had gone out of business it is because there was not enough demand for their products or bad management. Either way, the other auto manufacturers would have picked up any demand left in the market and would have picked up the jobs needed to fill that demand. If there is not enough demand then we did not need GM in the market. I can go on for hours on this. Liberalism and socialism and their big government and wealth distribution policies have never worked anywhere in the world and they are NOT what AMERICANS want. Let supply and demand do what they do and get government out of the way. We are losing job overseas not because of Bush but because of BIG GOVERNMENT sticking their hand in every business pocket they can find. Too many taxes, fees and regulations that cause business to seek out places that have a more friendly environment that allows them to be competitive. When you tax a business more, it is a tax on ALL OF US because a business simply passes it on to you. Stop drinking any parties kool-aid and start investigating, learning and making your own decisions based on what is real. I will not replay on this as I cannot handle dealing with people that talk but have no real info to back it up other that talking points from politicians. Good night

they can remove the zeros without a lop. By doing an rv, they remove the zeros. People are to literal in their interpretations.

First let me say I like your approach and I hope it initiates good debate regarding your points without name calling and the like. Now, I find your 2 ground level foundation documents suspect. Not the documents themselves but your interpretation of their meaning. And this is the point, it is "your" interpretation. They do not clearly say anything about a revalue and the words used can have different meanings. All the points you make in this post are your determination of their intent. Nowhere are you showing any language that says we will revalue the dinar up. Revalue is not used. There is NOTHING I would say is undisputed FACT in what you have provided. Now, I do agree that the IMF, UN and US want this to happen and they will all benefit. I also agree that M will find it hard to win the election without an RV. I agree that "transparency is needed so it does not appear that he is manipulating the election with this action. While I do agree with most of your interpretations it is due to speculative logic not hard facts. With that said, I look forward to reading all your future posts to see how all of this comes together and I hope that you are right

First off Banks hand out VP titles like candy on Halloween. A VP title at a bank says nothing about your knowledge or experience. Yes debt is being forgiven every day. Mexico does not have the natural resource reserves of Iraq. Can you name a financially poor oil rich nation? The countries that hold dinar will be exchanging for oil most likely so again it is not a cash related issue. These countries that hold iraqi dinar do have a vested interest in making sure Iraq does well financially. They also probably have agreements on how and when they can exchange. Remember the IMF and UN have been involved in this. I think your banker may not be well informed.

At $0.50, I would cash a small amount to make my investment a success. I would then hold the rest for the eventual run-up to where it should be. I think many others would too so this strategy as a way to get large dinar out of circulation would not work well let alone the massive investment influx that would occur. I would exchange for lower denominations however. It is more logical to be around the Euro or a bit higher then let it float as the oil revenue is 3 to 5 years away.

People stop reading the BS put out by the media. There is no recovery happening. We have a short term (holiday bump) but the dollar continues to devalue, taxes on us and business are going up and the government is spending us into oblivion. For you Bush haters, the Dems have controlled the gov for 3 years and ignored the Fannie and Freddie warning the GOP told them about. Bernanke was warmed about derivatives by an expert but rather then listen he cruxified her. I too lost $250,000 in what I put down on my house. The gov caused jobs to go overseas with all the regulations and taxes. they want a piece of the action on everything we do. Then they over promise and fall far short of delivering real solutions. If they were a business they would be OUT OF BUSINESS. They need slave feeding them tax money. The more workers employed by the gov, the less we will see any of this change. Would you vote yourself out of a job? then neither will they. Now add the power and money of the unions who are pulling Obamas strings and the are in deep trouble. We have not seen the bottom to this yet. This year will still be hard and the dollar will be worth less and prices will skyrocket. We need our own coup and clean house in DC. They are supposed to be working FOR US yet they are tryoing to enslave us.