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* Medic Chat: DS 11/21/10 7:00 pm EST


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* Medic Chat: 11/21/10 7:00 pm EST

November 21, 2010 07:00 pm

Med:

NOW I AM NO ROCKET SCIENTIST GANG

JUST A SIMPLE GUY

BUT

SOME OF YOU SHOULD BE TOTALLY EMBARRASSED

AT HOW FRIGGN LITTLE CONFIDENCE YOU HAVE IN THINGS

AND THAT YOU OVERLOOK THE REAL ISSUE OF TODAY

mailman17:

i have never lost it…you know that…

Med:

AND IT WAS NOT THE FACT THAT THE ANNOUNCEMENT IS COMING THURSDAY

TO FORM

THE BIGGEST NEWS OF THE DAY

I HAVE NOT SEEN EVEN DISCUSSED

SINCE I WAS ON THIS MORNING

AND THAT IS OF A MUCH MORE IMPACT ON THE RV THAN THE MOVING OF THE NOD TO FORM

ANYONE HAVE A CLUE?

Med:

OMG

ASPEN

aspen:

IMF?

Med:

YOU ARE MY HERO

lmdinar:

IMF

papa2snbh:

IMF is not pleased with the Iraqi MOF

Med:

ABSOLUTELY

THAT WAS THE BIG NEWS OF THE DAY

mailman17:

IRAQ HAS SWAYED FROM IMF TIMETABLE

MED:

YES

FOR TWO YEARS THEY DID

AND NOW

THE IMF SAID NO MORE MONEY

UNLESS THEY AGREE NOW

TO CHANGE THE MONETARY POLICY

DEVELOP THE PRIVATE SECTOR

mailman17:

FORCEBLY IF NEEDED

MED:

AND MANAGE DISBURSEMENT OF FUNDS IN A BETTER WAY

THERE ARE ONLY TWO TYPES OF MONETARY POLICIES

CONTRACTIONARY AND EXPANSIONARY

NOW THE IMF TOLD IRAQ IN FEB 09

TO REVALUE

WORK ON THE PRIVATE SECTOR

AND STOP SUBSIDIES

AND TURN OVER AT LEAST 51% CONTROLLING INTEREST IN THE OIL INDUSTRY

THEY DID NOT

AND THEY THEN DID NOT RENEW THE SBA

THAT WAS OVER ON MARCH 18 2009

SEE IF YOU DIDN’T KNOW ALL THAT

THEN YOU ARE GOING TO BE CONFUSED

THEN FOR THE NEXT YEAR

IRAQ WENT THIER OWN WAY

NO PRIVATE SECTOR DEVELOPMENT

NO INCREASED OIL PRODUCTION

AND UNEMPLOYMENT WENT FROM 16%

TO OVER 28% UNDER THE TUTELAGE OF THE IRAQI EXPERTS

THEN THE MOF AND CBI

WENT TO THE IMF AGAIN

NEEDED HELP

SO THEY ENTERED INTO ANOTHER SBA

AGREED TO TERMS

WHICH WERE NOT TO ALLOT OF IRAQI’S LIKING

WHICH WAS TO STOP SUBSIDIES

PASS ON THE OIL INDUSTRY INTO PRIVATIZATION

START TO DEVELOP THE PRIVATE SECTOR

BUT NONE OF THIS WAS POSSIBLE

WHY?

BECAUSE

THE MORONS FROZE THE GOVT

AND WITH A GOVT IN A FREEZE

THEY HAD NO MONEY TO DO ANY OFIT

OF IT

ONLY 20% OF THE 2010 BUDGET WAS EVER ISSUED

AND IRAQ HAD NOT MADE PAYMENTS TO THE IMF

ON THE BILLIONS THEY HAD ALREADY BORROWED

THAT IS WHY THE IMF WENT TO IRAQ A FEW MONTHS AGO

TO FIND OUT AND BE CONVINCED THAT IRAQ HAD AN ACTUAL PLAN TO PAY THEM BACK THE BILLIONS THEY BORROWED ON SHORT TERM LOANS

NOW THE IMF STATED LAST WEEK

THAT IRAQ HAD TO MOVE ON THE CURRENCY

AND IRAQ STATED THEY WERE GOING TO SO THEY COULD IMPROVE THEIR STATUS INTERNATIONAL

AND IN THE FUND

SONNY AND I THINK THEY PROMISED TO DO SO

AND BALKED ON IT AGAIN

AND THE IMF SAID ENOUGH

CALL US WHEN YOUR SERIOUS

CUZ YOUR NOT GETTING ONE MORE DIME

NOW IF THEY DON’T GET THE MONEY

ALL THEY HAVE IS THE MONEY FROM THE DFI

TO COVER THE EXPENSES OF THE GOVT

WHICH MEANS THEY DON’T HAVE SQUAT TO DO ANY INFRASTRUCTURE CHANGES

NOT MOVE ON ECONOMIC REFORMS

NO PRIVATE SECTOR DEVELOPMENT

NOW CBI SAID NO GOVT NO RV

YES THAT IS WHAT THEY SAID

BUT

CBI IS AUTONYMOUS

AND CAN REVALUE ANYTIME THEY DAMN WELL LIKE

THE ONLY REASON THEY WANTED TO PASS IT ON

IS RESPONSIBILITY

THEY WANTED TO CARRY THE BATON

TO JUST BEFORE FINISH LINE

THEN PASS IT ON

WHICH IS KINDA LAME

HE HAS STOOD HIS GROUND FOR 7 YEARS

DENYING ACCESS TO CBI ASSETS

NOW LISTEN TO ME

IF YOU THINK THAT 4 FRIGGN DAYS ARE GOING TO STOP THE REMOVAL OF 3 ZERO’S ON THE NOMINAL VALUE

WELL

I AM NOT GOING TO SAY WHAT IS REALLY ON MY MIND

BUT GET A GRIP

THAT IS ALL

MANY OF YOU ON HERE THAT ARE JUST RELENTLESS

ON THE WORRYING

HAVE JUST COME ON THE LAST MONTH

MAYBE IT IS BETTER TO GO READ AND LISTEN

OR THE THREE L’S

LOOK

LISTEN

LEARN

SOME ARE ACTING LIKE MY KIDA WHEN WE WENT ON A TRIP

5 MILES FROM THE HOUSE

DAD

ARE WE THERE YET

THAT IS WHAT SOME OF THIS SOUNDS LIKE

WELL NO WE AREN’T

BUT I AM DAMN CLOSE

SO LIKE I WOULD TELL THEM

SHUT UP SIT DOWN AND I WILL TELL YOU WHEN WE ARE THERE

Edited by tbush
  • Upvote 9
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NOW I AM NO ROCKET SCIENTIST GANG

JUST A SIMPLE GUY

BUT

SOME OF YOU SHOULD BE TOTALLY EMBARRASSED

AT HOW FRIGGN LITTLE CONFIDENCE YOU HAVE IN THINGS

AND THAT YOU OVERLOOK THE REAL ISSUE OF TODAY

mailman17:

i have never lost it…you know that…

Med:

AND IT WAS NOT THE FACT THAT THE ANNOUNCEMENT IS COMING THURSDAY

TO FORM

THE BIGGEST NEWS OF THE DAY

I HAVE NOT SEEN EVEN DISCUSSED

SINCE I WAS ON THIS MORNING

AND THAT IS OF A MUCH MORE IMPACT ON THE RV THAN THE MOVING OF THE NOD TO FORM

ANYONE HAVE A CLUE?

Med:

OMG

ASPEN

aspen:

IMF?

Med:

YOU ARE MY HERO

lmdinar:

IMF

papa2snbh:

IMF is not pleased with the Iraqi MOF

Med:

ABSOLUTELY

THAT WAS THE BIG NEWS OF THE DAY

mailman17:

IRAQ HAS SWAYED FROM IMF TIMETABLE

MED:

YES

FOR TWO YEARS THEY DID

AND NOW

THE IMF SAID NO MORE MONEY

UNLESS THEY AGREE NOW

TO CHANGE THE MONETARY POLICY

DEVELOP THE PRIVATE SECTOR

mailman17:

FORCEBLY IF NEEDED

MED:

AND MANAGE DISBURSEMENT OF FUNDS IN A BETTER WAY

THERE ARE ONLY TWO TYPES OF MONETARY POLICIES

CONTRACTIONARY AND EXPANSIONARY

NOW THE IMF TOLD IRAQ IN FEB 09

TO REVALUE

WORK ON THE PRIVATE SECTOR

AND STOP SUBSIDIES

AND TURN OVER AT LEAST 51% CONTROLLING INTEREST IN THE OIL INDUSTRY

THEY DID NOT

AND THEY THEN DID NOT RENEW THE SBA

THAT WAS OVER ON MARCH 18 2009

SEE IF YOU DIDN’T KNOW ALL THAT

THEN YOU ARE GOING TO BE CONFUSED

THEN FOR THE NEXT YEAR

IRAQ WENT THIER OWN WAY

NO PRIVATE SECTOR DEVELOPMENT

NO INCREASED OIL PRODUCTION

AND UNEMPLOYMENT WENT FROM 16%

TO OVER 28% UNDER THE TUTELAGE OF THE IRAQI EXPERTS

THEN THE MOF AND CBI

WENT TO THE IMF AGAIN

NEEDED HELP

SO THEY ENTERED INTO ANOTHER SBA

AGREED TO TERMS

WHICH WERE NOT TO ALLOT OF IRAQI’S LIKING

WHICH WAS TO STOP SUBSIDIES

PASS ON THE OIL INDUSTRY INTO PRIVATIZATION

START TO DEVELOP THE PRIVATE SECTOR

BUT NONE OF THIS WAS POSSIBLE

WHY?

BECAUSE

THE MORONS FROZE THE GOVT

AND WITH A GOVT IN A FREEZE

THEY HAD NO MONEY TO DO ANY OFIT

OF IT

ONLY 20% OF THE 2010 BUDGET WAS EVER ISSUED

AND IRAQ HAD NOT MADE PAYMENTS TO THE IMF

ON THE BILLIONS THEY HAD ALREADY BORROWED

THAT IS WHY THE IMF WENT TO IRAQ A FEW MONTHS AGO

TO FIND OUT AND BE CONVINCED THAT IRAQ HAD AN ACTUAL PLAN TO PAY THEM BACK THE BILLIONS THEY BORROWED ON SHORT TERM LOANS

NOW THE IMF STATED LAST WEEK

THAT IRAQ HAD TO MOVE ON THE CURRENCY

AND IRAQ STATED THEY WERE GOING TO SO THEY COULD IMPROVE THEIR STATUS INTERNATIONAL

AND IN THE FUND

SONNY AND I THINK THEY PROMISED TO DO SO

AND BALKED ON IT AGAIN

AND THE IMF SAID ENOUGH

CALL US WHEN YOUR SERIOUS

CUZ YOUR NOT GETTING ONE MORE DIME

NOW IF THEY DON’T GET THE MONEY

ALL THEY HAVE IS THE MONEY FROM THE DFI

TO COVER THE EXPENSES OF THE GOVT

WHICH MEANS THEY DON’T HAVE SQUAT TO DO ANY INFRASTRUCTURE CHANGES

NOT MOVE ON ECONOMIC REFORMS

NO PRIVATE SECTOR DEVELOPMENT

NOW CBI SAID NO GOVT NO RV

YES THAT IS WHAT THEY SAID

BUT

CBI IS AUTONYMOUS

AND CAN REVALUE ANYTIME THEY DAMN WELL LIKE

THE ONLY REASON THEY WANTED TO PASS IT ON

IS RESPONSIBILITY

THEY WANTED TO CARRY THE BATON

TO JUST BEFORE FINISH LINE

THEN PASS IT ON

WHICH IS KINDA LAME

HE HAS STOOD HIS GROUND FOR 7 YEARS

DENYING ACCESS TO CBI ASSETS

NOW LISTEN TO ME

IF YOU THINK THAT 4 FRIGGN DAYS ARE GOING TO STOP THE REMOVAL OF 3 ZERO’S ON THE NOMINAL VALUE

WELL

I AM NOT GOING TO SAY WHAT IS REALLY ON MY MIND

BUT GET A GRIP

THAT IS ALL

MANY OF YOU ON HERE THAT ARE JUST RELENTLESS

ON THE WORRYING

HAVE JUST COME ON THE LAST MONTH

MAYBE IT IS BETTER TO GO READ AND LISTEN

OR THE THREE L’S

LOOK

LISTEN

LEARN

SOME ARE ACTING LIKE MY KIDA WHEN WE WENT ON A TRIP

5 MILES FROM THE HOUSE

DAD

ARE WE THERE YET

THAT IS WHAT SOME OF THIS SOUNDS LIKE

WELL NO WE AREN’T

BUT I AM DAMN CLOSE

SO LIKE I WOULD TELL THEM

SHUT UP SIT DOWN AND I WILL TELL YOU WHEN WE ARE THERE

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MED brings up a good point

LOOK

LISTEN

LEARN

All the nastiness has gotten old!

The 15/30 day benchmarks haven't even come up and everyone wants the GOI formed already

Will they form off those dates? Who knows

Is there anything we can do about it? Nope

That was a good post on the IMF and this chat speaks volumes

Sit back and let it happen

Good luck to everyone

Thanks for bringing this over

Semper Fi

Edited by bobby_cahill
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I'm more apt to listen to someone who speaks with respect to others and not talk down to them regardless of how irritated someone gets. I don't make lengthy posts as I'm the first to admit, if I don't know something, I won't pretend I do, but one thing I will say is I take time everyday to read and educate myself on this investment.

Hey, we didn't all pop out of our Mothers knowing everything. It takes time to learn and some people have way more of a head start than others and I'm appreciative to those who share that on this forum but I will NEVER appreciate someone who has the blatant disrespect to tell people to SHUT UP. To me, that's just disrespectful but hey, I'm just telling it like it is.

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I find it funny that med mentions a list of "errors", negligence by the GOI, out right refusal to obey the IMF requirements as the reason the RV has not happened yet. Well Med if you knew all these "things" were not completed or that Iraq was out of compliance how could you or any of your friends keep implying for the past year that the RV is next week? Just asking a question ...

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