Scooter - Another Interesting Chat

blonde_minx · July 2, 2011

From another site

Posted Today, 06:29 PM

2011-07-02 13:27:14 * Scooter -> *: first thing

2011-07-02 13:27:23 * Scooter -> *: FOREX won't be showing up anything tonight

2011-07-02 13:27:30 * Scooter -> *: it's Saturday

2011-07-02 13:27:53 * Scooter -> *: They won't be active until the Banks in Wellington New Zealand open up tomorrow

2011-07-02 13:28:06 * Scooter -> *: but they sound smart

2011-07-02 13:28:12 * Scooter -> *: I like what they were saying

2011-07-02 13:28:24 * Scooter -> *: just need to finish the rest of that little link

2011-07-02 13:28:53 * Scooter -> *: I'm going to read these two articles

2011-07-02 13:28:55 * Scooter -> *: and brb

2011-07-02 13:32:37 * Scooter -> *: sorry

2011-07-02 13:33:05 * Scooter -> *: Anybody here from Ministry of Planning

2011-07-02 13:33:08 * Scooter -> *: no

2011-07-02 13:33:10 * Scooter -> *: hmmmm

2011-07-02 13:33:26 * Shunshine -> *: planning week-in count

2011-07-02 13:33:26 * Scooter -> *: So what was the question from those two articles

2011-07-02 13:35:34 * Scooter -> *: there was an interesting article regarding Ministry of Planning

2011-07-02 13:35:39 * booboo -> *: how did they pay for the Paris Bill in dinar or USD?

2011-07-02 13:35:50 * Scooter -> *: discussing Tariffs and products and goods coming into the country

2011-07-02 13:36:30 * Scooter -> *: ahhh yes

2011-07-02 13:36:39 * Scooter -> *: the cbi -- our favorite little spokesman

2011-07-02 13:36:44 * Scooter -> *: mr saleh

2011-07-02 13:37:08 * Scooter -> *: came out with a list of the 7 major banks that have met the capitol requirements

2011-07-02 13:37:10 * Scooter -> *: hmmmmmm

2011-07-02 13:37:22 * Scooter -> *: Need to look at those stocks

2011-07-02 13:37:24 * Scooter -> *: lol

2011-07-02 13:38:41 * Scooter -> *: So --- this little article regarding the Ministry of Planning

2011-07-02 13:44:34 * Scooter -> *: the one the scares me the most is the fake 25K notes that were uncovered

2011-07-02 13:44:40 * Scooter -> *: that could be a problem

2011-07-02 13:48:56 * Scooter -> *: They should probably think about increasing the value of the dinar to repel the inflationary pressures

2011-07-02 13:48:58 * Scooter -> *: JMO

2011-07-02 13:53:42 * Riley -> *: Quad -

2011-07-02 13:55:25 * Scooter -> *: i like that article Quad

2011-07-02 13:55:27 * Scooter -> *: thanks

2011-07-02 13:55:40 * Scooter -> *: I wonder what they mean by "Special" Billion

2011-07-02 13:55:43 * Scooter -> *: hmmmm

2011-07-02 13:55:52 * Scooter -> *: translationn perhaps

2011-07-02 13:55:56 * Scooter -> *: but I like that article

2011-07-02 13:56:47 * Quadraph0nic -> *: what about the dfi, is everything they have in the reports by iamb

2011-07-02 13:57:07 * Quadraph0nic -> *: i keep thinkin about that al jazeera article

2011-07-02 13:57:21 * Scooter -> *: What about DFI?

2011-07-02 13:57:22 * Built to last -> Riley: hello here is a link that will help people on that copy and paste problem http://www.oldapps.c...php?old_java=70

2011-07-02 13:57:27 * Scooter -> *: you mean the 250 billion

2011-07-02 13:57:31 * Scooter -> *: for the reserves

2011-07-02 13:57:55 * Scooter -> *: you mean in the report from PriceWatterhouse Coopers

2011-07-02 13:58:03 * Scooter -> *: or the iamb?

2011-07-02 13:58:07 * Quadraph0nic -> *: iamb

2011-07-02 13:58:50 * Scooter -> *: ahhhhhhh ----- There's a 47 pager I need to read sometime today but the PWC audit shows quite a bit

2011-07-02 13:58:58 * Scooter -> *: here's what i think

2011-07-02 13:59:11 * Quadraph0nic -> *: **sitting on hands**

2011-07-02 13:59:11 * Scooter -> *: 89 Billion saved in US Treasuries

2011-07-02 13:59:16 * Scooter -> *: this is just one theory

2011-07-02 13:59:31 * Scooter -> *: 84 Billion from the yeilds at maturation

2011-07-02 14:00:09 * Scooter -> *: The CBI currently shows 64 Billion in Gross Foreign Assets

2011-07-02 14:00:19 * Scooter -> *: and the remainder were the frozen assets

2011-07-02 14:00:32 * Scooter -> *: there was a bank in Italy

2011-07-02 14:00:40 * Scooter -> *: and two in Great Britain

2011-07-02 14:00:55 * Scooter -> *: that gets us right at or about the 250 billion mark

2011-07-02 14:01:07 * Scooter -> *: but I'm still arguing with Enoch8 on that one

2011-07-02 14:01:18 * Scooter -> *: lol

2011-07-02 14:02:11 * Scooter -> *: NP -- Thanks for the article

2011-07-02 14:02:14 * Scooter -> *: I liked that one

2011-07-02 14:02:29 * Scooter -> *: because I didn't know they gov was moving in that direction

2011-07-02 14:02:39 * Scooter -> *: but it makes sense

2011-07-02 14:02:45 * Quadraph0nic -> *: it does?

2011-07-02 14:02:50 * Scooter -> *: because they are moving toward the Arab Monetary Fund

2011-07-02 14:03:53 * Scooter -> *: ok, I need to get some work done today

2011-07-02 14:04:35 * Solarcloud -> *: Thanks scooter. Your strive to help others is inspiring. Straight up!

2011-07-02 14:04:37 * Riley -> *: Scooter Have a great weekend dear

2011-07-02 14:04:38 * Raceraz -> *: We all appreciate it Scooter

2011-07-02 14:04:43 * maximus_delta -> *:

2011-07-02 14:04:48 * robo -> *: Do we know for 100% sure; that Paris Club has to be traded with RV'd dinar? Just askin

2011-07-02 14:06:20 * xpdiver -> *: robo I saw tthe same thing and that the first payment had been made do we know if thats so

2011-07-02 14:06:21 * Scooter -> *: ok

2011-07-02 14:06:26 * Scooter -> *: verification question

2011-07-02 14:07:16 * Scooter -> *: oh yea

2011-07-02 14:07:17 * lonestar78613 -> *: Thoughts on this article anyone?

2011-07-02 14:07:19 * Scooter -> *: the Dinar and payment

2011-07-02 14:07:22 * Scooter -> *: to paris

2011-07-02 14:07:51 * robo -> *: Scooter Scooter Yep; many saying they have to do this and they have to do that. Most of the time, this means nothing more than B.S.

2011-07-02 14:07:55 * Scooter -> *: hmmm -- wait a minute --- let me go check that document out

2011-07-02 14:08:29 * Scooter -> *: but here's my understanding --- they need to get to move away fromt he dollarization practices of the past

2011-07-02 14:08:44 * Scooter -> *: and create global demand for the their currency

2011-07-02 14:08:46 * Scooter -> *: hmmmmm

2011-07-02 14:09:19 * robo -> *: Scooter I understand; but, that does not mean that they can't pay this debt with dollars, etc. Just lookin for the absolute truth here.

2011-07-02 14:09:26 * Scooter -> *: I know ---- let me check that Paris Club rules doc

2011-07-02 14:09:28 * Scooter -> *: brb

2011-07-02 14:10:32 * lonestar78613 -> *: Saying it has not been voted on yet

2011-07-02 14:15:31 * Scooter -> *: I'll send you the document

2011-07-02 14:23:20 * Scooter -> xpdiver: the country needs to move away from dollarization

2011-07-02 14:23:31 * Scooter -> xpdiver: they need to be using IQD for everything they do

2011-07-02 14:23:38 * Scooter -> xpdiver: from building credit

2011-07-02 14:23:49 * Scooter -> xpdiver: it just authenticates the currency even further

2011-07-02 14:24:11 * Scooter -> xpdiver: so I can't imagine, but I could be wrong, why they wouldn't pay those creditor nations with IQD

2011-07-02 14:24:23 * Scooter -> xpdiver: the bigger item imo

2011-07-02 14:24:33 * Scooter -> xpdiver: is the 21 nation Arab Monetary Fund

2011-07-02 14:25:02 * Scooter -> xpdiver: Because they are now on the same thompson Reutars exchange systems

2011-07-02 14:25:17 * Scooter -> xpdiver: and they have to move the currency to the Hundred series notes and system

2011-07-02 14:25:20 * Scooter -> xpdiver: heck

2011-07-02 14:25:38 * Scooter -> xpdiver: they'll nneed to adapt the system to have 15 decimal places over

2011-07-02 14:25:39 * Scooter -> xpdiver: lol

2011-07-02 14:25:51 * xpdiver -> Scooter: makes since, having the DFI go back to them is good corrrect

2011-07-02 14:26:00 * Scooter -> xpdiver: absolutelyl

2011-07-02 14:26:02 * xpdiver -> Scooter: 15 over?????

2011-07-02 14:26:04 * Scooter -> xpdiver: absolutelyl

2011-07-02 14:26:13 * xpdiver -> Scooter: xpdivermrs was asking

2011-07-02 14:26:20 * Scooter -> xpdiver: .00000000000008600

2011-07-02 14:26:22 * Scooter -> xpdiver: lol

2011-07-02 14:26:27 * xpdiver -> Scooter: wrong way

2011-07-02 14:26:29 * Scooter -> xpdiver: that was exagerated

2011-07-02 14:26:32 * xpdiver -> Scooter: lol

2011-07-02 14:26:33 * Scooter -> xpdiver: but you get the point

2011-07-02 14:26:37 * xpdiver -> Scooter: yes sir

2

2011-07-02 14:27:08 * Scooter -> xpdiver: and yes the DFI being released is excellent --- it frees them

2011-07-02 14:27:16 * xpdiver -> Scooter: thank you and will be looking for the doc, I am glad your still working on this it makes this ride easier

2011-07-02 14:27:17 * Scooter -> xpdiver: from the international community

2011-07-02 14:27:48 * Scooter -> *: just had two phone calls

2011-07-02 14:27:49 * xpdiver -> Scooter: hold on the mrs has another question if I may

2011-07-02 14:28:24 * xpdiver -> Scooter: do you know if they finished restructiuring the Fafidain & Rasheed bank

2011-07-02 14:28:59 * Scooter -> xpdiver: I've been waiting to see more info on that one

2011-07-02 14:29:06 * Riley -> *: Scooter lol

2011-07-02 14:29:12 * xpdiver -> Scooter: ok I will will be watching

2011-07-02 14:29:14 * Scooter -> xpdiver: and there could be a news blackout or they aren't saying

2011-07-02 14:29:29 * Scooter -> xpdiver: My guess

2011-07-02 14:29:37 * pvS -> *: have to wholeheartedly agree with you

2011-07-02 14:29:46 * Scooter -> xpdiver: honestly, the news would have reported the delay

2011-07-02 14:30:00 * robo -> *: pvS Thanks; and I want to know the truth; because I can live with it. Whatever it is.

2011-07-02 14:30:03 * Scooter -> xpdiver: but the news wouldn't report the "rebasing" of those two banks

2011-07-02 14:30:05 * Scooter -> xpdiver: why?

2011-07-02 14:30:15 * xpdiver -> Scooter: yes why'

2011-07-02 14:30:23 * Scooter -> xpdiver: because they are essentially Revaluing those two banks

2011-07-02 14:30:35 * Scooter -> xpdiver: when they revalue the banks

2011-07-02 14:30:42 * Scooter -> xpdiver: they would need to revalue the $$$$$

2011-07-02 14:30:54 * Scooter -> xpdiver: so no news on that one, IMO

2011-07-02 14:30:57 * Scooter -> xpdiver: good

2011-07-02 14:31:02 * xpdiver -> Scooter: makes since now I feel better ty

2011-07-02 14:31:11 * Scooter -> xpdiver: oh yea

2011-07-02 14:31:19 * Scooter -> xpdiver: this is loooking really good

2011-07-02 14:31:31 * Scooter -> xpdiver: I just can't believe they are being so bold about the whole thing

2011-07-02 14:31:37 * Scooter -> xpdiver: it's amazing

2011-07-02 14:31:42 * Scooter -> xpdiver: stunning actually

2011-07-02 14:31:52 * Scooter -> xpdiver: but you know -- they had to

2011-07-02 14:32:04 * Scooter -> xpdiver: they had to educate their people on what was about to happen

2011-07-02 14:32:08 * xpdiver -> Scooter: agreed

2011-07-02 14:32:24 * Scooter -> xpdiver: people forget -- this country has a huge populace that can't read

2011-07-02 14:32:39 * Scooter -> xpdiver: ok bud

2011-07-02 14:32:46 * xpdiver -> Scooter: makes since ty again

2011-07-02 14:32:49 * xpdiver -> Scooter: yes sir

2011-07-02 14:33:08 * Scooter -> xpdiver: cya later

2011-07-02 14:33:11 * xpdiver -> Scooter: bye

2011-07-02 14:33:25 * Scooter -> xpdiver: pooooof

Edited July 2, 2011 by blonde_minx

easyrider · July 2, 2011

wow Scooter has done his research thats for damn sure. This sounds great. thanks for the post. Now from what i read hear Scooter thinks they paid it in IQD the paris debt to start to strengthen and authenticate their own currency when the value is increased and both banks revaluing makes sense they need to do that also with their OWN currency. Amazing.

Edited July 2, 2011 by easyrider

HawaiianGal · July 3, 2011

And, it makes sense for them to revalue their currency BEFORE they pay that debt. Now I want to read the Paris rules too.

andy3978 · July 3, 2011

i thought Scooter was taking a break from the Dinar. Looks more like he's taking a break from this site.

easyrider · July 3, 2011

i thought Scooter was taking a break from the Dinar. Looks more like he's taking a break from this site.

YEP, I knew he couldnt stay away for too long hehe.

capt.cliff · July 3, 2011

There is all this talk about the Paris Club Payment but no one has said HOW MUCH IT IS!---now if it is to be paid in US DOLLARS and they do not have a internationally traded currency then that would put a serious strain on thier dollar reserves, now If it CAN be paid in a revalued DInar then it would NOT put them with thier back into a corner---just a thought !

capt cliff

jaykay · July 3, 2011

It makes sense for thim to do that..I need confirmation it was made in IQD..NO PROOF

cgbrown · July 3, 2011

ThANKS FOR SHARING YOUR KNOWLEDGE, SCOOTER.

bright · July 3, 2011

Good to hear from Scooter.......thanks for the post......

blonde_minx · July 3, 2011

This is what iraq owned as of december 2010 in USD

Paris Club's claims as of 31 December 2010, excluding late interest (in USD

million) - Outstanding Debt

ODA: Official Development Assistance 389

NODA: Non-Official Development Assistance 9 311

Total ...................9700

http://www.clubdeparis.org/sections/donnees-chiffrees/encours-du-club-paris_1/preview_html?file=attachedFile_2_f0&file_html=attachedFile_2_f2&file_html_subfiles=attachedFile_2_f3

Edited July 3, 2011 by blonde_minx

Psych · July 3, 2011

This is what iraq owned as of december 2010 in USD

Paris Club's claims as of 31 December 2010, excluding late interest (in USD

million) - Outstanding Debt

ODA: Official Development Assistance 389

NODA: Non-Official Development Assistance 9 311

Total ...................9700

http://www.clubdeparis.org/sections/donnees-chiffrees/encours-du-club-paris_1/preview_html?file=attachedFile_2_f0&file_html=attachedFile_2_f2&file_html_subfiles=attachedFile_2_f3

Blonde Minx,

Thats 97 Billion US Dollars, right? That's more than the GOI annual budget!!

I can just imagine the scene as the good ole boys of the GOI stroll into Paris to drop off their first payment....

Iraq

blonde_minx · July 3, 2011

lol i can just picture that :blink: ...... im not sure if its Millions or billions im sure someone will know

Edited July 3, 2011 by blonde_minx

11 Bravo · July 3, 2011

There is all this talk about the Paris Club Payment but no one has said HOW MUCH IT IS!---now if it is to be paid in US DOLLARS and they do not have a internationally traded currency then that would put a serious strain on thier dollar reserves, now If it CAN be paid in a revalued DInar then it would NOT put them with thier back into a corner---just a thought !

capt cliff

Very true

The bad part is it has not RVed.

That being said if they paid in preRV dinar that is a shipload LOL of dinar.

And I may be wrong but I do not believe they are allowed to pay it with USD, and if they did that would pretty much break their backs.

tim5400 · July 3, 2011

sounds great to me....

lionfish · July 3, 2011

This is a good see-saw that we are on..If they paid in US Dollars, the ride's over for now because we are on the see saw by ourselves. If they paid in DINAR then we should be seeing a rate..Hope Iraq is big and heavy with the RV!! I want to launch!

COME ON RV!!

R2d2dc · July 3, 2011

Thank you for bringing Scooters chat,

average joe · July 3, 2011

great input as always with that said sorry he is gone will misss him

josey · July 3, 2011

Why are people getting a minus for thanking Scooter? Odd!

aliciadogz · July 3, 2011

Thanks for the post,love hearing from Scooter.

Heavyduty053 · July 3, 2011

thanks Blond Mix i think most of us still respect scooter, keep bringing his wisdom.

Richardk · July 3, 2011

i thought Scooter was taking a break from the Dinar. Looks more like he's taking a break from this site.

Just before Scooter stated he was going to take a break, a idiot started bashing him and his breakdown of a article. This guy wouldn't stop and honestly I was taken back with the badgering Scooter was getting. I think It was a day or two later Scooter made his good by post. As I'm sure many noticed the names in the chat are people who helped control DV but looks like they are gone also. I for one will miss their level and grounded posts and efforts to maintain peace here with some of the crazy ones who are just popping in to cause issues. Now the remaining mods have their work cut out for them.

Thanks to Bumper, Munsch and all the other mods for staying.

Stay grounded, calm and be happy

Go RV/RI

proteus · July 3, 2011

Scooter Chat From another site

2011-07-02 13:27:14 * Scooter -> *: first thing

2011-07-02 13:27:23 * Scooter -> *: FOREX won't be showing up anything tonight

2011-07-02 13:27:30 * Scooter -> *: it's Saturday

2011-07-02 13:27:53 * Scooter -> *: They won't be active until the Banks in Wellington New Zealand open up tomorrow

2011-07-02 13:28:06 * Scooter -> *: but they sound smart

2011-07-02 13:28:12 * Scooter -> *: I like what they were saying

2011-07-02 13:28:24 * Scooter -> *: just need to finish the rest of that little link

2011-07-02 13:28:53 * Scooter -> *: I'm going to read these two articles

2011-07-02 13:28:55 * Scooter -> *: and brb

2011-07-02 13:32:37 * Scooter -> *: sorry

2011-07-02 13:33:05 * Scooter -> *: Anybody here from Ministry of Planning

2011-07-02 13:33:08 * Scooter -> *: no

2011-07-02 13:33:10 * Scooter -> *: hmmmm

2011-07-02 13:33:26 * Shunshine -> *: planning week-in count

2011-07-02 13:33:26 * Scooter -> *: So what was the question from those two articles

2011-07-02 13:35:34 * Scooter -> *: there was an interesting article regarding Ministry of Planning

2011-07-02 13:35:39 * booboo -> *: how did they pay for the Paris Bill in dinar or USD?

2011-07-02 13:35:50 * Scooter -> *: discussing Tariffs and products and goods coming into the country

2011-07-02 13:36:30 * Scooter -> *: ahhh yes

2011-07-02 13:36:39 * Scooter -> *: the cbi -- our favorite little spokesman

2011-07-02 13:36:44 * Scooter -> *: mr saleh

2011-07-02 13:37:08 * Scooter -> *: came out with a list of the 7 major banks that have met the capitol requirements

2011-07-02 13:37:10 * Scooter -> *: hmmmmmm

2011-07-02 13:37:22 * Scooter -> *: Need to look at those stocks

2011-07-02 13:37:24 * Scooter -> *: lol

2011-07-02 13:38:41 * Scooter -> *: So --- this little article regarding the Ministry of Planning

2011-07-02 13:44:34 * Scooter -> *: the one the scares me the most is the fake 25K notes that were uncovered

2011-07-02 13:44:40 * Scooter -> *: that could be a problem

2011-07-02 13:48:56 * Scooter -> *: They should probably think about increasing the value of the dinar to repel the inflationary pressures

2011-07-02 13:48:58 * Scooter -> *: JMO

2011-07-02 13:53:42 * Riley -> *: Quad -

2011-07-02 13:55:25 * Scooter -> *: i like that article Quad

2011-07-02 13:55:27 * Scooter -> *: thanks

2011-07-02 13:55:40 * Scooter -> *: I wonder what they mean by "Special" Billion

2011-07-02 13:55:43 * Scooter -> *: hmmmm

2011-07-02 13:55:52 * Scooter -> *: translationn perhaps

2011-07-02 13:55:56 * Scooter -> *: but I like that article

2011-07-02 13:56:47 * Quadraph0nic -> *: what about the dfi, is everything they have in the reports by iamb

2011-07-02 13:57:07 * Quadraph0nic -> *: i keep thinkin about that al jazeera article

2011-07-02 13:57:21 * Scooter -> *: What about DFI?

2011-07-02 13:57:22 * Built to last -> Riley: hello here is a link that will help people on that copy and paste problem [You must be registered and logged in to see this link.]