Whiskey bob

I am surprised that so few do the research yourself, it's not that hard. For instance, you are aware of Executive Order 13303, that Bush signed, giving you the right to own Dinars. It also states that there will be no taxes or fee attached to it. This has been fully discussed by Earthrights International. For your own peace of mind go to URL:http://www.earthrights.org/publication/earthrights-international-examines-eo-13303 Its a long read, about 12 pages, but it will remove any question about taxes. If O tries to pass a law to put a tax on it, Congress has to approve it. and it will not stand up in court. GoGo RV

I do not understand how these gurues have come out and stated that the smart cards are being used and getting 3.44. All you have to do is check the CBI site to see what the rate is. While I'm sitting at my computer my wife makes me wear rubber boots for all the BS that some of these people put out, and for what reason? I have been in this for 8 yrs and concider it a hobby. most of my friends and famley dont belive in it. But you know who's hand will be out if this happens.

Would someone please help a confused old man? I have been confused for some time on the dropping of the three "0". What are they dropping them off of? Is off of the dinar notes, which would make a 10,000 dinar bill, only 10 dinar. Or are they removing 3 "0" from the exchange rate, instead of .000810 per dinar it will be .810 per dinar? Please help me understand the process.

Thank you for the common sense reply. My dinar investments have been in the 5,000 notes, mainly because when I exchange 1, guessing they will RV for less than $2.00 each dinar. Will mean I will not be required to report it to the government, being under $10,000. That will prevent the increase in my taxes. If they RV over $2.00 then I won't mind paying the tax. But I trust my dealers to have good bills...

Whiskey bob Junior Member Group: Members Posts: 2 Joined: 09-October 09 Posted Today, 12:10 PM Droping the 000 is not a bad thing.This is my first posting, but I have been a longtime reader. Every posting has its merrits and there is always a new slant on the thoughts. I have not seen a responce to the continued reference to the droping of the 000 in the local currency. This is ment to stop runaway inflation. this would mean that the Iraq citizens will have a wallet full of dinar to buy bread not a wheel cart full. if you look at Cuban Duel Monetary System, you may see what they may be trying to do. The Cubans have a Cuban pesos (ACP) for the Cuban Workers. Others commercial operations and foreign trade is accomblished with Cuban convertible pesos (CUC). If you Google The Cuban Duel Monetary System you will see what they may be trying to do. I understand the reasoning is different. But all the writen comments coming out of Iraq refer to the local currency. Just a nother way of looking at it, from a old world travler,,,,,, Read more:

Whiskey bob Junior Member Group: Members Posts: 2 Joined: 09-October 09 Posted Today, 12:10 PM Droping the 000 is not a bad thing.This is my first posting, but I have been a longtime reader. Every posting has its merrits and there is always a new slant on the thoughts. I have not seen a responce to the continued reference to the droping of the 000 in the local currency. This is ment to stop runaway inflation. this would mean that the Iraq citizens will have a wallet full of dinar to buy bread not a wheel cart full. if you look at Cuban Duel Monetary System, you may see what they may be trying to do. The Cubans have a Cuban pesos (ACP) for the Cuban Workers. Others commercial operations and foreign trade is accomblished with Cuban convertible pesos (CUC). If you Google The Cuban Duel Monetary System you will see what they may be trying to do. I understand the reasoning is different. But all the writen comments coming out of Iraq refer to the local currency. Just a nother way of looking at it, from a old world travler,,,,,, Read more:

Droping the 000 is not a bad thing.This is my first posting, but I have been a longtime reader. Every posting has its merrits and there is always a new slant on the thoughts. I have not seen a responce to the continued reference to the droping of the 000 in the local currency. This is ment to stop runaway inflation. this would mean that the Iraq citizens will have a wallet full of dinar to buy bread not a wheel cart full. if you look at Cuban Duel Monetary System, you may see what they may be trying to do. The Cubans have a Cuban pesos (ACP) for the Cuban Workers. Others commercial operations and foreign trade is accomblished with Cuban convertible pesos (CUC). If you Google The Cuban Duel Monetary System you will see what they may be trying to do. I understand the reasoning is different. But all the writen comments coming out of Iraq refer to the local currency. Just a nother way of looking at it, from a old world travler,,,,,,

AP * By QASSIM ABDUL-ZAHRA, Associated Press Writer Qassim Abdul-zahra, Associated Press Writer – 1 hr 9 mins ago BAGHDAD – Iraq's Sunni Arab vice president vetoed part of a key election law Wednesday, a move that could delay national polls slated for January even as the top U.S. commander in Iraq said the timetable for American troop drawdown is on track. The veto, slammed by Iraq's Shiite prime minister as a threat to democracy, will most likely delay the vote since parliament must now discuss Vice President Tariq al-Hashemi's demands and take a vote on them, a process that could take days or even weeks given the legislature's fractious nature and its track record. Already, the country's election commission said it has suspended preparations for the vote. A further complication arose Tuesday when Kurdish leaders threatened to boycott the election unless the three northern provinces they control are given more seats in the next, 223-seat parliament. Al-Hashemi has sent part of the law back to parliament to be amended so that more seats will be allocated for Iraqis living abroad, most of whom are Sunni Arabs. Al-Hashemi said all other provisions in the law are satisfactory, and stressed that only the part related to the number of seats for voters abroad will be open for discussion. "My objection is not to the entire law, but only the first article in order to be fair to Iraqis living abroad," al-Hashemi told reporters. "I hope that parliament will hold a vote soon on the suggested amendments so that elections can be carried out at their schedule date." As one of three members of Iraq's presidential council, al-Hashemi holds veto power over legislation. It was not immediately clear when parliament would take up the vice president's suggestions, or what precise impact it would have on the date of elections. No final date has been set yet for the vote, but the constitution mandates that it be held before the end of January. Qassim al-Aboudi, a member of Iraq's electoral commission, said al-Hashemi's move will likely push back the election date and that the commission has suspended its preparations for the vote. "The situation is very difficult, and it is clear now that this will affect the commission's procedures and for sure will push the elections back," al-Aboudi said. A member of the parliamentary legal committee, Kurdish lawmaker Khalid Shwani, said the committee will study al-Hashemi's suggested changes as soon as they receive them. "If we received it today, then we will study the suggestions starting tomorrow and then we will put the article to a vote," Shwani told The Associated Press. "I can't put a specific timetable on the vote because it will depend on how long the discussions take." Prime Minister Nouri al-Maliki slammed al-Hashemi's decision to veto the bill, calling it "a serious threat to the political process and democracy." "It has no solid constitutional basis," a statement on the premier's Web site said. "The high national interests were not taken into consideration," said the prime minister, who has been locked in a bitter rivalry with al-Hashemi since al-Maliki took office in May 2006. Al-Maliki also urged parties to forge ahead with their election preparations. Dominant for decades under Saddam, Iraq's minority Sunni Arabs have felt politically marginalized since the former dictator's ouster in 2003. They boycotted the first post-Saddam national elections in January 2005, and al-Hashemi's demands appear to stem from Sunni fears of being sidelined once again. Lawmakers haggled for weeks over the election legislation before finally passing it on Nov. 8, much to the relief of Iraqi political leaders and the United States, which pushed hard for a deal. Little more than a week later, the hard-fought agreement appears to be crumbling. Iraq's Kurds have also demanded changes to the law to ensure more seats for Kurdish regions in parliament, and on Tuesday threatened to boycott the elections unless their demands were met. That ultimatum, coupled with al-Hashemi's move on Wednesday, could undermine Iraq's fledgling democracy and trigger a constitutional crisis if the vote is not held by the end of January. The top U.S. commander in Iraq said Wednesday that Washington's plans to withdraw all combat troops by the end of August 2010 remain on track despite the dispute over the election law. U.S. commanders have tied the withdrawal to the national vote. Gen. Raymond Odierno told a news conference that the military can adjust its plans if the need arises, but that no decision has to be made before late spring. "We're set up and we're flexible enough between now and the first of May," he said. U.S. military officials have said they will begin to draw down forces about 60 days after the election, hoping for assurances by then that Iraq is on stable footing. Under a plan by President Barack Obama, all U.S. combat personnel must be out of Iraq by the end of August 2010. The rest of the troops, such as trainers and support personnel, must leave by the end of 2011. ___ Associated Press writers Hamid Ahmed, Sinan Salaheddin and Christopher Torchia contributed to this report.