SWFloridaGuy (Reform)

[SWFloridaGuy]

7-16-2012 SWFloridaGuy: Today there were two reports released that show us the direction Iraq headed. According to the World Bank, Iraq is now ready to comply with their obligations and their application for full WTO accession is currently being reviewed for acceptance as negotiations continue. In addtion to forming a complete and functioning GOI, Iraq has six major issues they are working on right now. 1. Improving the banking sector. 2. Improving the infrastructure. 3. Improving transparency within government procurement procedures. 4. Designing economic zones for effective investment promotion. 5. Implementing their "vision" for national investment commission possibilities. 6. Effectively promote investment opportunities. Iraq must have a tradeable currency to accomplish their goals and reclaim their economic prowess in the region (as it should be). The IMF, World Bank and the OECD-Mena initiative have continued to promote broad reforms to enhance the investment climate, modernize governance structures, strengthen regional and international partnerships, and promote sustainable economic growth.

This is no simple task and after decades of war, Iraq alone does not have the capacity to accomplish this. They don't have to. This has been a joint effort from the beginning and together with the IMF, World Bank and countless other government entities, commissions and organizations they have been able to implement policy reforms, develop legal framework, involve practitioners and the private sector, use amendments and decrees to update and modernize existing Iraqi laws, ensure alignment with the overall strategic industrial development strategy of GOI using other international templates to ensure compatibility with related laws of the country i.e. public private partnership, customs, financial regulations etc. We need to keep in mind many governments and corporations are heavily invested in Iraq and continue to support their reconstruction because like us, they see Iraq's potential and have invested heavily in order to reap the benefits themselves. There are certain key factors they monitor closely and will support (to protect their interests) such as political stability and the health of sectors which can maximize net economic gain. They can increase benefits by improving Iraq's image on an international level.

In Iraq, government procurement plays an important role in supporting the reconstruction and rehabilitation of the national economy as well providing the necessary infrastructure for the development of the private sector. The modernization of the legal and institutional frameworks for procurement is a priority for the GOI. Iraq is once again receiving help and using certain international blueprints such as the United Nations Convention against Corruption, the Agreement on Government Procurement of the WTO, the Model Law of the United Nations Commission on International Trade Law and the European Commission Directives to accomplish this . The World Bank, IMF and European Union recommended procedures such as the agreement on Government Procurement (GPA) of the WTO, the Model Law of the UN Commission on International Trade (UNCITRAL) and the European Commission Directives. The goal is to enhance economic integrity, transparency, credibility and prevent misconduct. Actually, Iraq is the one requesting (and receiving) help in these areas. Iraqi officials frequently fail to act for fear of violating new rules and procedures which they don’t understand. However, some of the responsibility of supervision has now been transferred over to the Council of Ministers, which is a good sign.

Iraq is also looking into global guarantees applied for by contractors and issued by the banks for a given period. For foreign firms they will use guarantees of banking institutions based in their countries of origin, then register with the Iraqi banks. The calculation of the bid bond as a percentage of the published price of the tender will facilitate the obtaining of these guarantees. The Iraqi banking system plays an important role in these transactions. The bottom line is: for Iraq to successfully implement the next stage of their economic reforms, they must continue to consult with representatives from the private sector, bilateral donor agencies and international organizations - such as the UN, WTO, IMF and the European Union - to ensure they are in compliance with international "proviso" or requirements. With the issuance of Investment Law No.13, the economic approach in Iraq has transferred from the centrally guided economy to a market economy, which of course is an important change in the economic philosophy. There are many aspects and contributing factors we will never be fully aware of, but we can follow the general progress and recognize that (with a lot of help) Iraq is moving forward economically and their goal (clearly) is not only integration but establishing sustainability.

[KNTIME]

Thanks for the article SWFGuy, very informative!! Your work and opinions are appreciated here

[TonyDownTheShore]

The ducks are lining up in a row one by one, they're almost there, thanks for the information that you bring SWFG.

[OregonMan]

Thank you SWFloridayGuy. Inch closer to the final outcome. I believe we are close. Whether RV or RD, this does appear to be over within 6 months.

[Man_Kind]

SWFGuy, That was my first read of the morning. Great way to start the day.

Thanks,

Man_Kind

[doctor robbins]

The vast majority of dinar investors couldn't really care less about how much progress Iraq is making if not for the potential increase in the value of their currency, as long as Iraq doesn't fall into the hands of those who seek to do us harm. All of the points SWFG raised are valid, but the implication that Iraq needs to revalue their currency in order to accomplish their goals is baseless. They can have a tradable currency at the current value of $.000857 just as South Korea does at $.000875, or they can have a tradable currency at $.86 if they lop. I know many people equate progress in Iraq with a more valuable currency but that simply isn't the case.

[robo5288]

The vast majority of dinar investors couldn't really care less about how much progress Iraq is making if not for the potential increase in the value of their currency, as long as Iraq doesn't fall into the hands of those who seek to do us harm. All of the points SWFG raised are valid, but the implication that Iraq needs to revalue their currency in order to accomplish their goals is baseless. They can have a tradable currency at the current value of $.000857 just as South Korea does at $.000875, or they can have a tradable currency at $.86 if they lop. I know many people equate progress in Iraq with a more valuable currency but that simply isn't the case.

I agree 100% with this paragraph. Some say that they have learned a great deal about the middle east by following this investment, etc. What they are really doing is justifying all of the time they have wasted on these dinar sites. LOL (like I am doing right now). The truth is that Iraq doesn't have to do anything. I own dinars and I am "hoping" to see something that has never been seen before. Is it worth the risk? Yes. High risk/high reward. That's how I see it. And if it doesn't happen, we all move on. Have some people been duped by "gurus"? Yes. But we're all adults here. If you lose money that you couldn't afford to lose, that's on you. By now, everyone should know that these gurus don't know anymore about this investment than my labrador. Most are simply seeking "attention". That's all. I'm ready to put this to rest. It appears that something will "shake out" between Sept. and the first of the year. If it lops, so be it. Let's get it done and move on. I would love to have 1 penny for all of the hours wasted on these sites over the past few years. I would be a very rich man.

[caz1104]

I agree 100% with this paragraph. Some say that they have learned a great deal about the middle east by following this investment, etc. What they are really doing is justifying all of the time they have wasted on these dinar sites. LOL (like I am doing right now). The truth is that Iraq doesn't have to do anything. I own dinars and I am "hoping" to see something that has never been seen before. Is it worth the risk? Yes. High risk/high reward. That's how I see it. And if it doesn't happen, we all move on. Have some people been duped by "gurus"? Yes. But we're all adults here. If you lose money that you couldn't afford to lose, that's on you. By now, everyone should know that these gurus don't know anymore about this investment than my labrador. Most are simply seeking "attention". That's all. I'm ready to put this to rest. It appears that something will "shake out" between Sept. and the first of the year. If it lops, so be it. Let's get it done and move on. I would love to have 1 penny for all of the hours wasted on these sites over the past few years. I would be a very rich man.

[SWFloridaGuy]

The vast majority of dinar investors couldn't really care less about how much progress Iraq is making if not for the potential increase in the value of their currency, as long as Iraq doesn't fall into the hands of those who seek to do us harm. All of the points SWFG raised are valid, but the implication that Iraq needs to revalue their currency in order to accomplish their goals is baseless. They can have a tradable currency at the current value of $.000857 just as South Korea does at $.000875, or they can have a tradable currency at $.86 if they lop. I know many people equate progress in Iraq with a more valuable currency but that simply isn't the case.

So, now you're making the argument that Iraq taking steps to convalesce economically and politically isn't in our best interest? Progress is progress. Will there ever be proof Iraq will revalue to any level? Of course not. So, stop demanding it because that's just ignorant. I never once used the word revalue did I? As usual you have no point and are just here to share your disconsolate attitude and affirm how very lonely you must be, to spend all day on a hopeless endeavor. THIS IS DINAR VETS. PUMPERS DON'T COME TO DINAR VETS. YOU FEEL THIS IS HOPELESS. WE GET IT. MOVE ON.

[Halo9678]

Last time I checked, there are NO articles stating an RV NOR a L0P. We are all speculators, some with a background with finances/investing and some without, yet ALL are respected for their points of view. That's what makes DVsuch an awesome site to gather information from. As long as information is presented in a clear and APPRECIABLE manner, things tend to go well. It's when it doesn't... Well, I suppose that's what gives the mods job security, huh? (SN: Mods, these are not the droids you're looking for. LOL j/k) Thanks to all who participate and share their knowledge. I truly appreciate it.

Halo

[SWFloridaGuy]

(THIS IS NOT FOR THE PEOPLE WHO ASK THE HARD QUESTIONS. THIS IF FOR THE GROUP WHO HAS CONTINUALLY PROVEN TO BE HERE ONLY TO CAUSE STRIFE. WE KNOW THIS TO BE THE CASE BY MONITORING THEIR DELIVERY. YOU KNOW WHO YOU ARE)

The Power of Negative Thinking. by: Remez Sasson

Negative thinking appears to be more prevalent than positive thinking. It seems that with most people positive thinking requires some effort, whereas negative thinking comes easily and uninvited. This has much to do with education and the environment one has been living in.

If you have been brought up in a happy and positive atmosphere, where people value success and self-improvement, then it will be easier for you to think positively and expect success. If you have been brought up under poor or difficult situations, you will probably go on expecting difficulties and failure.

We all view everything through our predominant mental attitude. If our thoughts are positive, that is fine, but if they are negative, our lives and circumstances will probably mirror these thoughts.

If you believe that you are going to fail, you will unconsciously sabotage every opportunity to succeed. If you are afraid of meeting new people or having close relationships, you will do everything to avoid people and relationships, and then complain that you are lonely and nobody loves you.

Do you often think about difficulties, failure and disasters? Do you keep thinking about the negative news you have seen on the TV or read in the newspapers?

Do you see yourself stuck and unable to improve your life or your health? Do you frequently think that you do not deserve happiness or money, or that it is too difficult to get them? If you do, then you will close your mind, see no opportunities, and behave and react in such ways, as to repel people and opportunities.

The mind does not usually judge or examine thoughts and opinions before accepting them. If what it hears, sees and reads is always negative, it accepts this as the standard way of thinking and behavior.

The media constantly bombards the mind with a lot of information about disasters, catastrophes, wars and other unhappy events. This information sinks into the subconscious mind, and then manifests as your habitual manner of thinking. By occupying the mind with depressing and pessimistic thoughts you radiate negative energy into the surrounding world, thus creating and recreating more negativity, failures and disasters.

The mind is neutral energy. The way you think determines whether the results are positive and beneficial or negative and harmful. It is the same of energy acting in different ways.

The good news are that persistent inner work can change habits of thinking. You must be willing to put energy and time to pursue positive thinking, in order to change your mental attitude.

[Laid Back]

Step by step Iraq is moving forward and that is good news for our investment.

In the coming days

Thanks for the post SWFG

[doctor robbins]

So, now you're making the argument that Iraq taking steps to convalesce economically and politically isn't in our best interest? Progress is progress. Will there ever be proof Iraq will revalue to any level? Of course not. So, stop demanding it because that's just ignorant. I never once used the word revalue did I? As usual you have no point and are just here to share your disconsolate attitude and affirm how very lonely you must be, to spend all day on a hopeless endeavor. THIS IS DINAR VETS. PUMPERS DON'T COME TO DINAR VETS. YOU FEEL THIS IS HOPELESS. WE GET IT. MOVE ON.

I didn't say progress in Iraq isn't in our best interest. To the contrary, I think a strong, prosperous, democratic Iraq is stategically very good for the US. I just don't think it automatically means a more valuable dinar. I didn't demand any proof. I just said that Iraq doesn't need a more valuable currency to become international or to develop as you implied.

Iraq must have a tradeable currency to accomplish their goals and reclaim their economic prowess in the region (as it should be).

If you weren't implying that then my apologies.

I joined before you did and you have more posts than I do, so who's lonely?

And yes, pumpers do come to DV. I'm not saying you're a pumper but some here are.

Edited July 17, 2012 by doctor robbins

[SWFloridaGuy]

I didn't say progress in Iraq isn't in our best interest. To the contrary, I think a strong, prosperous, democratic Iraq is stategically very good for the US. I just don't think it automatically means a more valuable dinar. I didn't demand any proof. I just said that Iraq doesn't need a more valuable currency to become international or to develop as you implied.

If you weren't implying that then my apologies.

I joined before you did and you have more posts than I do, so who's lonely?

And yes, pumpers do come to DV. I'm not saying you're a pumper but some here are.

So, what you're saying is you've been here longer and contributed less. You may be onto something there. I believe there is hope for a profit in this investment. That is why I am here. How about you?

[cajunrescuemedic]

Good post and info, thanks SWFG. Go RV !!!

[Nadita]

The ducks are lining up in a row one by one, they're almost there, thanks for the information that you bring SWFG.

Tony,

How many ducks still out there..? lol they have been putting the ducks in a row for a long time.. everytime one lines up, the other runs away lol lol

SWFG,

Thanks and let's hope this ride comes to an end soon

[zigmeister]

Of course Doc has less posts, he only posts on lop articles!

[rockfl9]

SWFguy"::;As you point out , there is a lot to be done...If this were a real business they would be on OT and weekends instead of delays and postponements.. They need to be thankful that the CBI doesnt need a committee to keep the business sector going.....

[Carrello]

Of course Doc has less posts, he only posts on lop articles!

Badda bing Babbee!

[Ricky G.H.]

Thanks, SWFG, I appreciate your post and positive attitude.

[zigmeister]

I wonder if he is "Guru Doc." That "Doc" has a similarly dour demeanor. He also routinely spells Erbil E-B-R-I-L, and thinks the HCL is actually "HCI." Is there anything more annoying than a "gooroo" offering his assessment but failing to get the simplest terminology correct?

Perhaps he needs a dinar spell check. OR read more articles besides lop articles.

[coleman619]

So, what you're saying is you've been here longer and contributed less. You may be onto something there. I believe there is hope for a profit in this investment. That is why I am here. How about you?

Oh get over yourself. You're a bully towards anyone who doesn't go along with your positive spin.

[pchester]

You know, I don't make awhole lot of post but read alot of them, and it seems everytime I read a post Dr.Robins post is LOP LOP LOP. Man why don't you get a grip or just sell out if you even own Dinar. I know it would have to be a better day for you. Everyone enjoy your day!!! GO RV...

[zigmeister]

Oh get over yourself. You're a bully towards anyone who doesn't go along with your positive spin.

HAHAHA! Is this a oxymoron?

[doctor robbins]

You know, I don't make awhole lot of post but read alot of them, and it seems everytime I read a post Dr.Robins post is LOP LOP LOP. Man why don't you get a grip or just sell out if you even own Dinar. I know it would have to be a better day for you. Everyone enjoy your day!!! GO RV...

If you'll go back and read you'll find that most of my posts aren't promoting the lop so much as they're addressing misconceptions and misinformation. For example, I didn't say in this thread that Iraq will lop. I said that they don't have to RV to have a tradable currency and that's a fact. They could keep their value where it is now or they could lop or they could raise the value to a level they can support, which is less than 86 cents I can assure you.