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Everything posted by skrappyone

  1. Iran has already said they are not going to cut production. If you want to know how much the US has cut, just take a look at the Baker Hughes rig count. Just say'n
  2. This seems like maybe an old article, IN MY OPINION. Just for the fact oil is back to around $40 for them and that's what they based their budget on. Granted the price was down most of the first quarter, they should be feeling a little relief for now. Just say'n. Thanks Yota for the post.
  3. agreed to exclude convicts issues politicians terrorism from the general amnesty law. Read more: So they can still get Maliki and his cronies. I like it. Maybe we can get them to get Obama and Hillarious while they are at it.
  4. I seen him on TV today. I punched him in the face. Broke my TV but I feel better.
  5. Is Hillarious related to Maliki? They have a lot in common.
  6. Thanks. I like and agree with what is said here.
  7. Sounds like they are seeking international investment from all over the world. Hopefully they will get what they need to move the Dinar upward.
  8. 1/1.......they like numbers........maybe 1/1 is the date but it could also mean 1 IQD = 1USD ...... wishful thinking? lol
  9. Someone negged you for not wanting to comment, lol. I evened you need for negs.
  10. I really didn't read anything bad in here so far. They added a few items but sounds like it will still go through. IMO. I could be reading it wrong.
  11. Ahhh........Come on guys........he said treat as rumor.....
  12. "Tomorrow Press" published a draft 2016 budget that voted in by Parliament 12/16/2015 17:40 Number of Views: 1230 2 1 Likes Tomorrow Press / Baghdad got tomorrow Press on the photocopies of the general budget for the 2016 law, voted on by the House of Representatives today at its 45th legislative chapter of the first year of the second legislative session today. It wouldn't let me post all of it I we only knew what it said.......
  13. He is the smart one. Look at all the media coverage he has gotten for free. I read an article the other day stating, other candidates were complaining that he gets 75% of the air time and he is getting it for free. lol call me crazy, but I think he does it on purpose because a good business man knows that if you keep putting your name out to the public's eyes and ears, it sticks with them. Whether you like him or dislike like him, he is self funding himself and saving a heck of a lot of money on TV coverage. JMO
  14. Thank you for this post. Everyone, everywhere needs to watch it.
  15. I do think we need to send more than what we have already for safety of our soldiers. I do think every UN/NATO country should also send some. With that said, I will say that we need to let the Iraqi military do the fighting and our troops just support and defend them if they need help. They need to learn to defend themselves and have come a long way. I feel that if we let them do their fight and assist them in winning, it will give them a sense of accomplishment and a lot of pride that will be good for their country.I do agree that if WE go in and oust ISIS/ISIL, that they will reform or another one will form in its place, but if THEY oust them, they would be more apt to not let it get this bad again. Goes back to the old saying "Give a man a fish, he will eat for a day. Teach a man to fish, feed him for a lifetime". I think that applies here. JMO.
  16. These are people that do USE their kids to get suicide bombs close to our soldiers. They teach their kids at very young ages how to decapitate and kill people, mostly us. I never want to see a child hurt, but I don't want that child playing on my empathy and hurting my family. Just say'n, be real.
  17. IMO.......This states that the Islamic Banks have different ideas on how they want to run their banks. Their ideas was not allowed under the current banking law, so they issued this law, which better caters to their beliefs. I believe this will help ease tensions in the banking arena and more citizens will have more faith in the banking system in general because it will give them more options of how they do their banking. Just the way I read it. I could be in left field.
  18. Central Bank of Iraq Press Release On New 50,000 Iraqi Dinar Notes Translated Posted: Nov 18, 2015 7:48 AM CSTUpdated: Nov 18, 2015 4:49 PM CST This article was originally distributed via SproutNews. SproutNews, WorldNow and this Site make no warranties or representations in connection therewith.A Central Bank of Iraq (CBI) press release discusses the recently printed new 50,000 denomination banknotes for the Iraqi Dinar currency. Earlier this year, the 50 denomination Iraqi Dinar banknotes were removed from circulation due to their low value. Tempe, United States – November 18, 2015 /PressCable/ — The Central Bank of Iraq (CBI) has recently printed new Iraqi Dinar banknotes in the 50,000 denomination, the largest in the history of the country. Since the removal of Saddam Hussein’s portrait from the currency in 2003, new banknotes were produced in the denominations of 50, 250, 500, 1000, 5000, 10000, 25000 and now 50000. This move by Iraq’s Central Bank helps to move the country away from the U.S. Dollar and begin to use their own currency for day-to-day transactions. A complete translation of the press release, which contains the original Arabic language as well as English, is available at the following website: An easier to read five page PDF upload is available here: Here are some details concerning these new notes: The notes were printed mainly for the purposes of having a larger value banknote in circulation. As of the writing of this press release, this new 50,000 Dinar banknote has an exchange rate of $44.84. Iraq’s ultimate goal will be to use their own currency for daily transactions instead of the United States Dollar, which is the primary currency used in the country for larger transactions. The Central Bank of Iraq will release a 100,000 Dinar banknote by the end of 2016, but the actual release date is subject to change, and could be delayed until mid to late 2017. The banknotes contain an image of the waterwheels of the Euphrates and palm trees in the middle of the note, along with an image of one of the waterfalls in Kurdistan on the right side of the face of the note. The banknotes are written in Arabic, Kurdish, and English. The new notes are 65 mm in width, 156 mm in height and predominantly colored light brown other than the border decorations which have a darker color. Clipped security thread having 4 mm width in its middle containing animated effects changing color from green to blue when tilting the banknote, having the phrase “The Central Bank of Iraq” written on it. Advanced security mark known as “transparent window” on the right side of the face of the banknote (the upper left side on the back as well) showing the graphic of the Twisted Minaret in Samarra when putting it on a white background, and showing the number (50000) when putting it on a dark background. The note was painted with a protective paint to increase the note’s lifespan and protect it from dirt and dust. Low oil prices have affected the budget of Iraq as over 90% of their budget is based on the sales of oil. Fitch, the top bond rating agency, finally gave Iraq their 1st rating, a B minus along with a stable outlook. Fitch predicted a double digit fiscal deficit for 2015, due to the lower oil prices as well as much higher military spending and war costs. “Iraq scores the worst of all Fitch-rated sovereigns on the composite World Bank governance indicator, reflecting not only insecurity and political instability but also corruption, government ineffectiveness and weak institutions,” Fitch said. During the reign of Saddam Hussein, one Iraqi dinar was worth over $3, however, the economy began to suffer when economic sanctions were started in August 1990. Due to excessive government printing of the new notes issue, the dinar devalued quickly, and in late 1995, U.S. $1 was valued at 3,000 dinars. Today, it’s about 1,166 dinars to $1. Annual inflation in Iraq is currently about 2 percent. Iraq also revived a long-delayed plan to redenominate the Iraqi dinar by knocking three zeroes off the nominal value of its banknotes, said Ihsan Shamran al-Yassiri, the head of Iraq Central Bank Issuing and Vaults Department. The plan is set to be implemented by 2017 after restructuring dinar by issuing two large banknotes — a 50,000 dinar note before the end of this year and 100,000 banknote next year and canceling small ones. Contact Info: Name: Nick Giammarino Email: Organization: Internet Marketing, L.L.C. Address: 4505 S Hardy Dr #2155 Phone: (602) 730-2639 Release ID: 96871 Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact I don't like the sound of this!
  19. I took the article as him possibly stating the it is time to unpeg from the USD. Maybe I was just wishful thinking. Go RV.
  20. Hey, lets go down to the local gun dealer and buy some land-mines lol. Wow, what do they not sell? Got to love it.
  21. Well, with those reserves, why not raise the value of your money? Sounds good to me. GO RV.
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