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SWFloridaGuru

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SWFloridaGuru last won the day on June 1 2012

SWFloridaGuru had the most liked content!

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About SWFloridaGuru

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  • Birthday 06/30/1980

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  1. Bamagirl, thank you very much. It's kind of funny I'm being called a pumper when I've been banned from almost every chat room for standing up to the hypers. Thank god there's some reasonable people here who know how to communicate respectfully with one another. Cheers to you girl.
  2. Wow Sandstorm, that's the first time anyone has ever called me a pumper. I am far from that. You don't hear me throwing it dates and rates. If you don't believe the CBI plans on revaluing their currency and that the only hold up is the political unrest, read this report, then get back to me. http://www.sigir.mil/publications/quarterlyreports/April2012.html
  3. 6-1-2012 SWFloridaGuy: We see a lot of reports coming from the CBI referencing "delete the zeros," "raise the zeros" and "remove the zeros." This information campaign is the Central Banks' way educating the public of the upcoming changes and give them reason to believe that soon they will again be able to have confidence in their own currency, and that the goal of their leaders is to eventually de-dollarize the economy. This is a sensitive balancing act. Furtiveness is imperative to the process. They must delicately educate the public without announcing to the world their plans to raise th
  4. 5-31-2012 SWFloridaGuy: A successful "no confidence" requires an absolute majority which would be 163, although they've been referencing 164 lately. There are 325 altogether. To get that majority, they must have cross-party support. It's hard to tell what the real numbers are from the official parliament report. News reports suggest that the votes often split along party lines, at times almost splitting the chamber in half. We've even seen instances where 2nd votes had to be taken due to alleged technical issues. They are trying to rally up the necessary signatures to ensure that they kn
  5. 5-27-2012 SWFloridaGuy: The first thing that comes to mind when I hear "bank package," is "unecessary risk." Many of these packages require your full name, address, email, phone number, amount of dinar/dong (net worth post-rv) you hold and reserves. This is EXTREMELY FOOLISH. Not only for you but for the ones providing them, from a liability standpoint. People were doing similar bank packages a couple years ago. Everyone gave out their personal information thinking they would miss out if they didn't. Two years later, the only thing they accomplished is a huge security risk for no reason.
  6. 5-26-2012 SWFloridaGuy: The goal of today's meetings are to end the political crisis and determine the fate of the Prime Minister. There are many conflicting reports. Some sources claim they are moving to withdraw the confidence from Maliki. Some say the focus is on reaching a consensus on Erbil implementation. There is a 2nd meeting today that should be starting very soon (our time) and going very late into the evening their time. These meetings will produce a result one way or another, which is essential for Iraq progressing in leadership, regionally and globally, both politically and
  7. 5-23-2012 SWFloridaGuy: The urgency we are now seeing to get this resolved is a great sign. For far too long we've only seen spinning wheels with no forward progress. We expect to see an outcome shortly, followed by some sort of public announcement. Right now especially, we have to carefully consider the source behind what we read. I think we have to wait and see what events transpire and actions are taken, rather than just trust what is said in a press release. Each side is puffing up their chest and declaring victory, so right now we don't know what the truth is. On the economic front,
  8. Thanks Adam, wonderful post as always.
  9. 5-23-2012 Scooter-EG: I think Iraq is much farther along based on the 12/31 document from the World Bank outlining task to be completed. What you have to remember is that these documents are distributed and released to the public with timing in mind. When the IMF or World Bank release their annual CR's Country Reports they might have a "stinging" review in the document and the document may have been released just two weeks ago but the date of the published internal doc may have been released four months ago. With that said lets take a look at the World Bank document released on Iraq's Finan
  10. 5-22-2012 SWFloridaGuy: Today we see more signs of the adoption for the advancement and modernization of the Iraqi economy and banking sector. The World Bank has put a plan into effect to run Iraq's economic affairs for the next 4 years. They will identify areas of cooperation according to the priorities of the Iraqi government. This was announced today, during a meeting between Iraqi leaders and the World Bank delegation in Baghdad. They addressed areas of joint cooperation in the Economic and Financial sectors between the Iraqi governmental institutions, ministries and the World Bank. T
  11. 5-21-2012 SWFloridaGuy: I don't think Maliki intends on going anywhere at all. I also think he'll do everything in his power (other than conform to their demands) to get out of his current situation, which is threatening to bring an end to his political career. However, I believe his arrogance may have pushed this issue past the point of no return and the move to initiate his removal is already underway. Only time will tell, but one way or another this will come to an end. Once the political crisis has been resolved, the conditions will be ripe for the CBI to proceed with their currency re
  12. 5-16-2012 SWFloridaGuy: DON'T CALL THE BANKS, DON'T CALL THE BANKS!!! Give me a break. First of all, the only people calling the banks are the ones telling you not to call the banks. The rest of us have all figured out there's no reason to call the banks in the first place, as THERE IS NO RV YET. This is reminiscent of last year's rumor that by going to the CBI website, we were crashing the server and delaying the RV. What a simplistic, almost childish view some seem to have of this whole process. I think it would be almost comical to Shabibi, to hear that a few small chat rooms in th
  13. 5-11-2012 SWFloridaGuy: According to reports, Iraq's economy is improving at an exponential rate. According to the SIGR's (special inspector general for Iraq reconstruction) quarterly report sent to the US Congress, the IMF and the CBI both project GDP to grow by 12% in 2012. Crude oil reached its highest production in decades and foreign commercial activity jumped 40%. The CoR (Council of Representatives) who among other things pass federal laws, ratify treaties, and approve nominations of specified officials, recently approved the largest budget in the country's history. Here's the probl
  14. 5-7-2012 SWFloridaGuy: Randy Koonce, Kaperoni, BGG and Poppy3 are all absolutely right. This is in Iraq's hands and is also a very critical time for us in this investment. The RV is NOT in the banks as some like Jonnywg, Okie and Cap1 have claimed for over a year. Right now our focus should be on what direction Maliki decides to take this. He may decide to implement all terms of Erbil as he promised he would or he may stand behind former statements he's made questioning it's constitutionality. If he does fight this than we are looking at a no confidence vote and a short delay. If not tha
  15. 4-25-2012 SWFloridaGuy: Some seem to feel the need to make fools of themselves week after week. It's entertaining I guess, if you like train wrecks. This is a very complicated process and we can't expect to always get 100% accurate information from any one particular source and I do appreciate that we have so many working toward a common goal, but that is absolutely no excuse for the irresponsible, unrealstic, manufactured, daily hype so many find it necessary put the rooms through on a daily basis. Unfortunately, when they post they don't also name the source which is usually a bogus pros
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