davidnelsen

FYI: There are many different Bible translations and most are all similar but a little different. Keep in mind that we are not to let our differences separate us. This is 1 Timothy 7 through 11: 7 For we brought nothing into this world, and it is certain we can carry nothing out. 8 And having food and raiment let us be therewith content. 9 But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. 10 For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. 11 But thou, O man of God, flee these things; and follow after righteousness, godliness, faith, love, patience, meekness. In addition, in ACTS 10: 42 through 48: 42 And he commanded us to preach unto the people, and to testify that it is he which was ordained of God to be the Judge of quick and dead. 43 To him give all the prophets witness, that through his name whosoever believeth in him shall receive remission of sins. 44

Iraqi vote signals shift from religious leaders By LARA JAKES Associated Press Writer updated 17 minutes ago http://www.msnbc.msn.com/id/35850128/ns/world_news-mideastn_africa/

Wasn't it the 2003 Invasion?

I have a question for all of those in the "KNOW"... Why would IRAQ commit to a redenomination sometime in 2010 as posted here http://http://www.xe.com/currency/iqd-iraqi-dinar "lopping off the 3 zeros and RV before they redemoniate? That makes no sense... It undermines the credibility of a redenomination and creates the perception of instability in regards to Iraq's currency. I have little doubt that an RV will not occur before a redenomination (whenever that occurs) but certainly hope for all that have invested that they at least make something for their trouble.

It only makes sense to return to pre-war values... CBI: In 1956 the National Bank of Iraq became the Central Bank of Iraq. Its responsibilities included the issuing and the management of currency, control over foreign exchange transactions, and the regulation and supervision of the banking system. It kept accounts for the government, and it handled government loans. Over the years, legislation has considerably enlarged the Central Bank's authority. In 1959 the peg was switched from the British pound to the United States dollar at the rate of 1 dinar = 2.8 dollars. On July 14, 1964, all banks and insurance companies were nationalized, and, during the next decade, banking was consolidated. Following the devaluations of the U.S. currency in 1971 and 1973, the dinar rose to a value of US$3.3778, By 1987 the banking system consisted of the Central Bank, the Rafidayn Bank, and the Agricultural, Industrial, and Real Estate banks. A 5 percent devaluation reduced the value of the dinar to US$3.2169, the official rate which remained until the Gulf War, although in late 1989, the black market rate was reported to be 1.86 dinars for US$1. After the Gulf War in 1991, and due to the economic blockade, the previously used Swiss printing technology was no longer available. A new, inferior quality notes issue was produced. The previous issue became known as the Swiss dinar and continued to circulate in the Kurdish region of Iraq. 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.

Thanks. I don't know why I'm not seeing that???

Exchange Rates -------------------------------------------------------------------------------- Announcement No.(1589) The 1589 daily currency auction was held in the Central Bank of Iraq day Wednesday 10-2-2010 so the results were as follows : Details Notes Number of banks 14 Auction price selling dinar / US $ 1170 Auction price buying dinar / US $ ----- Amount sold at auction price (US $) 186.025.000 Amount purchased at Auction price (US $) ----- Total offers for buying (US $) 186.025.000 Total offers for selling (US $) ----- Dollar's exchange rates / in Baghdad markets *Does anyone know what's up here?

Here is a POST I saved from 12-04-09. He states the Rate will be $2.47? He does not question that as being an illegitimate rate? Why not? sfmedic: PUBLIC VIEW IS A TERM USED BY THE TREASURY. WHICH MEANS IT CAN BE RELEASED TO THE PUBLIC FOR EXCHANGE. sfmedic: AND IT IS NOT IN THE HANDS OF THE TREASURY sfmedic: IT IS IN THE HANDS OF THE FOREIGN ASSET MANAGMENT CONTROL BOARD sfmedic: WHICH WHEN THEY ARE TOLD TO RELEASE IT TO THE TREASURY sfmedic: THEY WILL AT THE SAME TIME TAKE IT OFF OFAC sfmedic: NOW FAMCB HAS INFO THROUGHT HE GRAPEVINE THEY SAID THAT THE RV IS SOON. THAT IS WHY HE SAID HE SENT THE EMAIL: THE WINDS ARE CHANGING AND WARM WEATHER AHEAD sfmedic: NOW A COUPLE THINGS MY BEST FRIEND AND I SPENT IRONING OUT sfmedic: THEY WERE PAID WITH THE GOLD IN NY THAT THE DFI HAS BEEN HOLDING. sfmedic: THEY WERE GRANTED AN OK BY THE UN TO USE IT TO PAY SINCE IT WAS CHAPTER VII ORIENTED. sfmedic: SO ALL THEY DID AND THIS COMES RIGHT FROM THE MAN IN NY THAT DID IT. HE TRANSERED GOLD BARS AND INGETS FROM IRAQS PILE TO KUWAITS PILE. HE SAID IT WAS A MATTER OF REACHING OVER PICKING UP AND PUTTING DOWN. sfmedic: IT WAS THAT SIMPLE. sfmedic: NOW THE FAMCB SAID IT WILL ONLY HAVE 5 HR NOTICE OF IRAQ RV'ING sfmedic: THAT IS IT. sfmedic: NOW PUT THE TREASURY OUT OF YOUR MIND sfmedic: NOW THE RATE IS $2.47 sfmedic: THAT HAS NOT CHANGED sfmedic: THE FAMCB HAS IT NOT THE TREASURY sfmedic: AND THEY ARE IN CHARGE IN THE US. sfmedic: BUT THE DINAR AND IT'S REVALUE IS IN IRAQS HANDS. sfmedic: ALSO ON THE 21ST OF THIS MONTH THE DFI WANTS TO GIVE IRAQ BACK THE ASSETS THEY HAVE ACCUMULATED OVER THE YEAR. sfmedic: THEY ARE GOING TO VOTE TO LET THEM CONTROL THEIR OWN MONEY AND ASETS sfmedic: SO THE HUNDREDS OF BILLIONS ACCUMULATED IS GOING TO BE THEIR MAYBE ON THE 27TH sfmedic: NOW WE ARE NOT LOOKING FOR ANYTHING THIS WEEKEND sfmedic: BUT IRAQ CAN DO THIS ANYTIME know1: Medic...since the FAMCB falls under the US Tresury, do other countries need to fall in line with their decision? sfmedic: OK NO sfmedic: THE FAMCB IS THE DECISION MAKER HERE IN THE US sfmedic: NOT THE REVERSE sfmedic: THE TREASURY HAS NO SAY sfmedic: ALL OTHER COUNTRIES ARE TOTALLY INDEPENDENT sfmedic: THEY ARE ALL SOVEREIGN NATIONS sfmedic: THE ENTIRE SHOW IS CONTROLLED BY THE GOI sfmedic: NOW I WILL EXPLAIN THINGS AND ANSWER ANY ? BUT I CAN'T GO THROUGH ANOTHER WEEK LIKE THIS ONE. NOR CAN I DO THAT TO ANY MEMBER OF THIS SITE AGAIN. sfmedic: IT WAS SO DRAINING AND ONLY TO HAVE IRAQ FIND A WAY OUT OF NOT RV'ING DRKHRSE: OFAC... There is a report from MAY I believe removing them from the list... People were wondering what may be left dealing with OFAC sfmedic: IN MAY IRAQ WAS REMOVED FROM OFAC sfmedic: BUT sfmedic: IF YOU CHECK THE OFAC LIST sfmedic: THERE ARE HUNDREDS I BELIEVE OF SDN'S sfmedic: IN IRAQ sfmedic: THAT IS WHY sfmedic: THOSE ARE COMPANIES AND INDIVIDUALS sfmedic: THAT THE US BELIEVES HAVE AT ONE TIME OR ARE CURRENTLY SUPPORTING TERRORISM sfmedic: AND THAT THEY LAUNDER MONEY sfmedic: OK sfmedic: I WILL TELL YOU WHAT SDN IS sfmedic: SPECIAL DESIGNATED NATIONALS dcrvp: Medic are we still looking for something at the begining of the week? sfmedic: I THINK SO sfmedic: I KNOW THAT MOST BANKS AND SOME MAJOR INTERNATIONAL CURRENCY EXCHANGERS HAVE ALREADY SET A POLICY IN PLACE TO EXCHANGE sfmedic: WELL TO TELL YOU ALL THE TRUTH sfmedic: I WAS SO UPSET sfmedic: THAT I WAS JUST GOING TO PUT MY TALE BETWEEN MY LEGS AND RUN sfmedic: BUT I THOUGHT ABOUT WHO I AM IN REAL LIFE sfmedic: I WAS UPSET WITH THE KUWAIT THING sfmedic: I TOLD YOU ALL IT WAS IQD sfmedic: AND I WAS EMBARASSED I WAS WRONG AND LED YOU IN THE WRONG DIRECTION sfmedic: I TOLD MY BEST FRIEND THAT THE BUCK STOPS WITH ME sfmedic: THANK YOU donk: Medic - I don't quite understand the Kuwait thing. If Iraq has the large stash of gold and are getting premimium prices for crude at the present why are they having to RV to pay their bill????Seems they would have plenty of available cash. sfmedic: THEY DON'T HAVE CASH FOR ONE REASON.. CAN ANYONE TELL DONK sfmedic: SO THEY DON'T HAVE ACCESS TO THE OIL REVENUES sfmedic: THAT IS WHY THERE IS 1.16 TRILLION IN USD THERE sfmedic: OK THE FAMCB HAS THE TOTAL SAY WITH THE BANKS AND THE RATE IN THE US. sfmedic: I DO HAVE MORE sfmedic: NOW WHEN I GOT THIS I WAS LIKE CRAP sfmedic: NOW I GOT TO WASH MY MOUTH OUT WITH SOAP WHENEVER I EXPLAIN IT sfmedic: NOW THIS INFORMATION COMES FROM THE ONE PERSON I DESPISE sfmedic: BUT WHAT SUCKS IS HE HAS THE CONNECTIONS TO THE TBI sfmedic: NOW I WILL NOT GIVE OUT THE PERSON. I CAN TELL YOU HE IS NOT ON THIS SITE. HE MAY OR MAY NOT BE A MEMBER OF NENO'S sfmedic: BUT THIS IS WHAT I GOT FROM HIM. THAT HIS FRIEND (ALI) HAS TOLD HIM IT IS VERY NEAR. ALI IS SCRAMBLING TO GET THINGS UP AND RUNNING. ONE OF THE DV MEMBERS CALLED THE BURBANK OFFICE AND THEY TOLD HIM THAT THEY WERE GOING TO BE OPENING THE EXCHANGE CENTERS sfmedic: NOW I WILL TELL YOU ALI HAS SOME CLOUT IN IRAQ sfmedic: NOW THAT IS THE END NOW

Grumpy: I have to disagree that a lop would have to happen instantly in your above post. Immagine the current Dinar is Monopoly Money and the New Dinar is USD. They can claim that the $25,000 Bill in Monopoly Money is now only worth $25.00 USD and you have until the end of 2010 to trade it in or it will become worthless. That is a lop with a deadline to exchange the old Monopoly Money or be crap out of luck... Sorry all, but I think this is a break even, less the exchange rate. Good move for Iraq, bad move for holders of Dinar.

http://en.wikipedia.org/wiki/Oil_reserves_in_Iraq Oil reserves in Iraq could be the largest in the world according to recent geological surveys and seismic data.[1] The Iraqi government has stated that new exploration showed Iraq has the world

Possession and control usually go hand in hand (o;

Well its location might be a clue???

http://en.wikipedia.org/wiki/International_Monetary_FundThe International Monetary Fund (IMF) is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rates and the balance of payments. It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development.[3] It also offers highly leveraged loans, mainly to poorer countries. Its headquarters are in Washington, D.C., United States.

The point is with all of the intangibles, do we have any clue what may trigger the RV?

IMO (You can't get cup of coffee and a sheet of toilet paper with it in Iraq!): The RV is a Global Equation with variables that Einstein would have to equate. Here are the ones that I have gathered during research: 1- Iraq's Actual Oil Reserves that have not been re-calculated since the 1970's (?) UNKNOWN 2- Iraq's Human Resources and GDP (Gross Domestic Product) Potential (?) UNKNOWN (this can flourish with good foreign investment agreements)... 3- Chapter 7 Requirements??? 4- Iraq's Debt to Foreign Nations and what had been forgiven and what may be forgiven (?) UNKNOWN 5- Does their Budget depend on an RV? Probably not... 6- IMF (their roll)? 7- Will the "Powers That Be" in both Iraq and the United States agree to an RV amount prior to implementation? 8- Will further terrorist activities play a roll in delaying an RV because of the perception (real or immagined) of instability in the region? 9- Does "M" really have a political motivation for delaying the RV until it is convenient for his agenda? IMO: Whatever amount a possible RV is (1 DINAR = .10 - 3.50 USD), like stocks and real estate there will be ups and downs as it relates to value of the IQD to keep global investors/speculators interested in Iraq's economic growth. Please add to the equation factors that I know I missed...