DRV1804 Posted July 5, 2011 Report Share Posted July 5, 2011 Med says to (07:35:01): OK ARE WE READY TO GET STARTED? GOOD MORNING DS I'M BACK AND WHAT NEWS WE HAVE JUST PHENOMENAL I HAVE BEEN ON THE PHONE FOR TWO DAYS WITH SONNY DISCUSSING WHAT HAS BEEN GOING ON GOP says to (07:38:37): Any good insights from sonny? Med says to (07:38:58): HE WAS ASKING FOR MY INSIGHTS THERE WAS HUGE NEWS TODAY HE JUST WANTED TO BOUNCE STUFF OFF MY HEAD AND SEE IF I AGREED I DID I TOLD HIM THAT I BELIEVE I KNOW WHY THE RAISING OF ZERO'S HAS BEEN DELAYED AND THE ANSWER TO IT CAME OUT TODAY I WAS ALWAYS CONCERNED SORT OF 50/50 ON THE SANCTIONS EVEN THOUGH IN DECEMBER MANY WERE REMOVED ACCORDING TO THE REST IN PLACE IRAQ WAS STILL PRETTY MUCH TIED UP ON NOT BEING ABLE TO MAKE ANY MOVES INTERNATIONALLY NOW THAT THOSE OBSTACLES HAVE BEEN REMOVED THEY NOW CAN MOVE FORWARD WITH ANY INTERNATIONAL MOVES INCLUDING THE RAISING OF THE ZERO'S AND HAVING AN INTERNATIONAL CURRENCY AND JOINING THE WTO I WAS TRYING TO FIGURE OUT HOW IRAQ COULD BE A MEMBER OF THE WTO WHEN THEY WERE STILL LIMITED BY THE REST OF THE UNSC SANCTIONS I JUST FIGURED THERE WAS SOMETHING I HADNT READ THAT DIDN'T MAKE A DIFFERENCE WELL THERE WASN'T THEY COULDN'T MOVE FORWARD THEY HAD NO CHANCE TO MOVE INTERNATIONALLY UNTIL THIS MOMENT NOW THEY HAVE TO PAY 5% STILL TO KUWAIT IF THEY BALK ON THAT THEN THEY WILL HAVE TO PAY KUWAIT A LUMP SUM PAYMENT OF ALL THAT IS OWED TO THEM THAT IS THE DEAL WITH KUWAIT ON THE KUWAITI FILES NOW ALL INTERNATIONAL SANCTIONS ARE OVER WITH BUT NOW ALL LENDERS COUNTRIES ETC.... THAT IRAQ OWES MONEY TOO ARE ALL LICKING THEIR CHOPS ONLY THE U.S. IS PROTECTING ANY IRAQI ASSETS ANYTHING ELSE OUT THERE IS NOW FAIR GAME TO ALL DEBTORS BUT WITH THAT THEY CAN ALSO FINALLY DO BUSINESS WITH ANYONE BUT IT IS NOT GOING TO HELP UNLESS THEY CAN TRADE INTERNATIONALLY AND WITH AN INTERNATIONAL CURRENCY NOW I AM NOT SAYING ANY RATE I AM ONLY SAYING THAT THEY CANNOT MOVE AND USE THE NEW FREEDOMS WITHOUT ONE UNLESS THEY ARE HAPPY WITH DEALING WITH THE REST OF THE 3RD WORLD COUNTRIES WHO ALSO HAVE NO CURRENCY AND IN ALL THE YEARS I HAVE BEEN STUDYING IRAQ THAT WAS NOT THEIR INTENTIONS IT WAS TO HAVE STRONG TIES WITH THE U.S. IN TRADE AND OTHER ADVANCES IN THE ECONOMIC DEVELOPMENT FROM THE U.S. NOW A COUPLE THINGS SONNY SAID THAT THEY ARE REPORTING AND I DID NOT SEE THIS THAT THE KURDS HAVE AGREED ON A PLAN FOR THE HCL THAT WAS OFFERED TO THEM HAS ANYONE SEEN THIS I DID NOT SEE IT IN THE FORUMS BUT HE SAID THAT ONE CAME OUT AND HE ALSO SAID THAT MALIKI HAD A VERY GOOD DETAILED PLAN FOR THE COUNTRY GOP says to (07:50:56): I think I remember reading something along those lines a day or so ago.. the HCL Med says to (07:50:59): BUT IT WAS ALLAWI WHO HAS BEEN THE REASON FOR IT NOT BEING IMPLEMENTED OK GOP NOW I HAVE ONE ISSUE THAT BOTH SONNY AND I ARE KIND OF UPSET WITH AND I TOLD HIM THAT IF ANYONE CAN FIND OUT THE TRUTH ON THIS MATTER DS CAN NOW DONT ALL GET RILED UP UNTIL WE FIND OUT AND THEN DISCUSS IT OK SO IF YOU ARE LURKING PERK YOUR EARS UP WE ALL KNOW THAT ALI OF DINAR TRADE HAS SENT OUT EMAILS TO MEMBERS SAYING THAT NO LOP IS COMING AND HE WAS GUARANTEED THAT BY IRAQ OK GREAT AND I THINK WE ALL KNOW THAT ALI'S BIGGEST CUSTOMER IS THE U.S. HE HAS BOUGHT A BANK IN IRAQ AND ONE IN THE U.S. BUILT A NEW HOME IN MALIBU MADE MILLIONS AND MILLIONS OFF US AM I CORRECT GOP says to (07:54:12): yes Med says to (07:54:17): OK Med says to (07:54:20): WELL RUMOR IS ALI IS OR HAS SKIPPED TO THE U.K. AND NO LONGER IS IN THE U.S. AND IS DODGING ALL CALLS AND HIS NEW OFFICIAL OFFICE IS IN THE U.K. NOW I GOT THIS FROM SONNY DO WE HAVE ANY INFO ON THIS DOES THIS NOT SEEM REALLY ODD TO ANYONE BESIDES ME IF TRUE SallyDS says to (07:56:03): I have a friend who trades with Ali and she told me the same thing except the word she used wasn't skipped DOESN'T ANYONE SEEM TO BE BOTHERED BY THIS THE LARGEST SELLER OF DINAR ALL OF A SUDDEN IS LIVING IN ANOTHER COUNTRY GOP says to (07:57:09): makes me a little concerned that he has not been truthful SallyDS says to (07:57:23): I understood that it had to do with his site being shut down for a while Med says to (07:57:26): NOW ALL OTHERS ARE STILL UP AND RUNNING BRB59 says to (07:57:39): I know we are not suppose to bring in other chats, but DD said he was returning from his new home inUK for cashing in Med says to (07:57:41): HE SAID HE SHUT IT DOWN SALLY SallyDS says to (07:58:06): it is not shurt down Med says to (07:58:16): NO IT IS NOT SALLY YOU ARE RIGHT NOW HE IS CLAIMING FROM WHAT I UNDERSTAND IT HAS TO DO WITH SHIPPING COSTS I KNOW HE HAD A DEBT TO UPS THAT WAS ABOUT 1 MILLION HE WAS IN ARREARS ON AND THAT IS WHY HE HAD CHANGED SallyDS says to (07:59:34): he now ships out of England, so I understand Med says to (07:59:43): SEE LIKE WAS JUST SAID HOW TRUTHFUL IS THIS GUY AND THINK OF THIS OK RIGHT NOW THE SALES OF DINAR ARE PROBABLY AT THEIR LOWEST HE CANNOT GET HIS HANDS ON NEARLY WHAT HE USED TO AND FOR YEARS HE WAS SELLING LIKE A MAD MAN AND SHIPPING NEVER WAS A PROBLEEM OR THE COST NOW WE KNOW WE ARE ONE VOTE AWAY FROM THIS BEING OVER SO IF THIS IS TRUE WHICH I BELIEVE IT IS THEN TIME IS SHORT SO TO ME SO WHAT IF THE SHIPPING IS MORE HE IS NOT SELLING RIGHT NOW IS HE HE STOPPED ALL SALES IN MAY AM I RIGHT OR DID HE START UP AGAIN NO Med says to (08:02:26): I AM JUST BOUNCING OFF papaw19 says to (08:02:28): IMO feds stopped all sales, feds don't control UK Med says to (08:02:44): NOW HE DID OWE SOME STATES MONEY FROM FINES horseluver says to (08:02:47): maybe he figured no one would cash in with him here with all the bad pub. Med says to (08:02:50): AND LAWSUITS COULD BE HORSELUVER mailman17 says to (08:03:37): BAD PUBLICITY?...FROME ME?...NAHHHH:D HIS BIGGEST MISTAKE WAS GETTING INVOLVED IN N E O S SITE VERY BAD PR Med says to (08:04:16): AND THEY WERE A NASTY SITE GOP says to (08:04:29): DD just stated he was still going to be heading up one of Ali's cash in sites. DD has always seemed to be a very straight up guy. Med says to (08:04:39): DD IS STRAIGHT UP HE TRIES TO BE Dinar Mark says to (08:04:55): Man, you are scareing me, is this good or bad???????????????? Med says to (08:04:55): NOW REMEMBER THOUGH HOLD ON WE ARE JUST DISCUSSING ME PERSONALLY I COULD CARE LESS ABOUT ALI NEVRE WAS GOING TO GIVE HIM A DIME GLAD HE IS GONE BUT I DON'T TRUST HIM shooter says to (08:05:54): he has nothing to do with iraq ...just dinars Med says to (08:05:56): AND TO LEAVE BECAUSE AS HE LEAKED OUT IT WAS SAFETY YES HE MENTIONED TO ALL BUYERS AND I WANTED YOU ALL TO REMEMBER HE DID ACKNOWLEDGE IS TRUE IS WHAT HE GUARANTEED AS THE TRUTH THIS WAS JUST A CYA I DO NOT LIKE TO LEAVE ANY DOOR OPEN OR EXPLORED I AM NOT RUNNING SCARED SallyDS says to (08:07:49): well, that's the only part of this discussion that concerns me. i thought lop talk was dead burried and burned up Med says to (08:07:50): BUT THIS IS OBVIOUSLY YES TO ME IT IS mailman17 says to (08:08:04): ME EITHER...(6) Med says to (08:08:04): BUT SALLY WHY DOES ANYONE PACK UP AND RUN SCARED MAYBE Newlife says to (08:08:40): I do believe he has a lot of issues here in the US and is trying to save his ars mailman17 says to (08:08:47): I KNOW, I KNOW. I KNOW:D SallyDS says to (08:09:05): but is there ANY logic for Iraq to lop at this point? I don't see it but I don't understand as much as you do THERE IS NO REASON mailman17 says to (08:10:11): MED...GUESS WHAT IRAQ HAD TO PAY ON THE 1ST OF JULY? AND YOU DONT SEE IT IN THE NEWS..({) TO WHO? pillsbury says to (08:11:16): paris club mailman17 says to (08:11:21): BINGO 2.97% OF THE REPORTED 38 BILLION OWED NOT INCLUDING NON-PARIS Med says to (08:11:56): OK BACK mailman17 says to (08:12:08): THATS JUST THE PARIS AGREEMENT SET UP IN 2003 Med says to (08:12:10): OK ONE OTHER ISSUE SONNY TOLD ME THAT SHABIBI IS BANNED FROM ANY TRAVEL OUTSIDE IRAQ FOR THE TIME BEING mailman17 says to (08:12:46): HMMMM Med says to (08:12:51): WHICH TO ME IS GOOD NEWS SallyDS says to (08:13:03): now THAT is intereesting....banned by who? Med says to (08:13:11): MALIKI HAS FORBID HIM FROM LEAVING mailman17 says to (08:13:25): FOR WHAT REASON?...<) Med says to (08:13:30): HE IS THE MASTERMIND papaw19 says to (08:13:33): imo that's probably good Med says to (08:13:34): OF THIS ENTIRE THING IS HE NOT AND WITHOUT HIM THIS WILL BE A DISASTER THERE IS NO WAY ANYONE ELSE COULD PUT THIS TOGETHER AND MAKE IT WORK HE IS THAT SMART COULD YOU SEE SOMEONE LIKE SALEH SallyDS says to (08:14:38): well, I can agree on that but it seems illogical to me that a man who has spent countless yyears putting this whole deal together would run out unlessss Med says to (08:14:41): TRYING TO PUT THIS ON TRACK papaw19 says to (08:14:41): is shab in a position to give M an ultimatum? Med says to (08:14:51): UMMMMM SallyDS says to (08:15:05): but couldn't he do that from outside the country? Med says to (08:15:09): ONLY IN SPECIFIC CIRCUMSTANCES HE CAN BUT SO FAR MALIKI HAS NOT INTERFERED IN ANYTHING SHABS HAS DONE ONLY ONE TIME HE TRIED TO THAT WAS WHEN THEY WERE OFF THE SBA ON MARCH 18 2009 SallyDS says to (08:16:03): seems to me if shabs want to run, he would have the whole backing of the UN, IMF, etc behind him.. Med says to (08:16:07): MALIKI ASKED HE STOP SELLING DINAR I DONT THINK IT WAS CUZ HE MAY RUN I THINK IT WAS MORE WE CANT TAKE A CHANCE ON ANYTHING HAPPENING TO HIM AND IF THIS GOES DOWN AT ANY MOMENT Med says to (08:17:03): HE NEEDS TO BE HERE SallyDS says to (08:17:03): then, it is a power thing, a threat etc Med says to (08:17:17): UMMMM NOT POWER BUT FEAR IF HE ISN'T IN CHARGE THEN THINGS GO HAY WIRE SallyDS says to (08:17:43): or maybe Maliki is so scared it won't work that he is making sure all pieces stay in place Med says to (08:17:45): OK HOLD ON NOW THAT MAKES MORE SENSE SALLY NOW BEFORE ALL GET BENT ON THE ALI DISCUSSION Med says to (08:19:49): I WILL EXPLAIN Med says to (08:19:52): IN A SECOND OK I AM NOT GOING TO GET BENT ON ONE ARTICLE I WANT TO SEE A PATTERN mailman17 says to (08:29:46): LET ME ELEABORATE ON WHY SHABS HAS TO STAY IN COUNTRY FIRST OFF THE SMALLS ARE IN PLACE AND SHABS DOES NOT NEED ANYONES APPROVAL FOR A RATE CHANGE...OR IN THIS CASE AN RV...SAY AROUND PAR OR 1-1\ BUT WHAT SHABS DOES NEED IS THIS APPROVAL OF THE RELEASE OF THE SMALLS THAT IS IN THE CONSTITUTION AND UNDER PARLIMENT NOW THE IMF DID WANT THE FINAL REPORT ON NOT ONLY THE CBIS FINAL NUMBERS BUT THE 7 STATE BANKS THAT IS WHAT SHABBS WILL BRING TO PARLIMENT WHEN CALLED IN FOR THE RV/RELEASE OF THE SMALLS BUT HE HAS TO BE THERE THAT IS WHY MALIKI TOLD HIM MORE OR LESS...YOUR NOT GOING ANYWHERE CAUSE THIS CRAP ABOUT TO HI THE FAN mailman17 says to (08:33:02): OK..MEDS TURN.... Med says to (08:33:08): OK ON ALI I BROUGHT IT UP BECAUSE I KNEW THAT SOME HAD TO HAVE IT IN THE BACKS OF THEIR MINDS AND I WANTED YOU ALL TO DISCUSS IT AND GIVE RESPONSES AND THAT BASICALLY WHO GIVES A CRAP WHAT HE DOES ): I THINK HE HAS TROUBLES AND THEY HAVE NOTHING TO DO WITH THE POSSIBLE CHANGE IN WHAT IRAQ MAY BE DOING I THINK THEY ARE PERSONAL AND PROBABLY TO DO WITH HIS BUSINESS PRACTICES HERE IN THE U.S. ALSO AS I SAID HE MADE A VERY BAD MOVE IN ALIGNING HIMSELF WITH ONE SITE NOT THINKING THAT SOMEDAY THERE WOULD BE ONE THAT WAS MUCH BIGGER THAN THAT ONE AND HAVE MORE IMPACT ON HOW U.S. CITIZENS DEAL WITH HIM I support AS DOES MM17 USING U.S. BANKS IT IS SAFE SallyDS says to (08:36:28): Med, if his problems weren't personal, then that is - n effect - saying his problems control the country of Iraq..and even I can't buy that! Med says to (08:36:37): BOTTOM LINE I DON'T BUY IT EITHER I JUST THINK IT IS BEST THAT PEOPLE SPEAK ALSO THEN IT SINKS IN MORE I DONT THINK IT SHOULD BE JUST ABOUT ME SAYING THIS IS THE WAY OR IT IS THAT WAY WE NEED TO HAMMER IT OUT AS A GROUP NOW MAJOR ISSUE AND AS I SAID AND ONE THAT ALSO MM17 TOUCHED ON THE IMF WANTED AN AUDIT AND ACCOUNTABILITY WANTS TO KNOW WHAT IS REALLY OUT THEIR mailman17 says to (08:39:05): FINAL NUMBERS Med says to (08:39:09): IF THE IMF REALLY DOESNT HAVE THE RIGHT NUMBERS THEN LETS SAY THEY GO INTO A BASKET HOW DO YOU DETERMINE IT ACCURATELY YOU JUST DONT GO INTO IT WITH WELL A GENERAL FIGURE THEN WHEN THE REAL NUMBERS COME OUT IT COULD HAVE A HUGE IMPACT UP OR DOWN NOW THE REMOVAL OF ALL SANCTIONS IS NUMERO UNO THIS WAS LIKE MOSES PARTING THE RED SEA NEWS IT OPENED UP A PATH THAT WAS NOT AVAILABLE TO THE JEWS OR TO THE IRAQI'S THE PAST 20 YRS FREEDOM TO MOVE ABOUT THE WORLD AND JOIN THE WTO THEY NOW CAN HAVE A TRADEBALE CURRENCY THEY NOW CAN TRADE WITH ANYONE WITH A TRADEABLE CURRENCY U.S. COMPANIES SHOULD BE ABLE TO SOON DO ALMOST ANY TYPE BUSINESS WITH IRAQ THIS IS HUGE HUGE HUGE NEWS AND A TOTAL SURPRISE mailman17 says to (08:43:21): WITH A RATE THAT IS STABLE AND CONTROLLABLE AND BACKED BY THE IMF Med says to (08:43:25): I DOUBT ANYONE SAW THIS COMING Med says to (08:43:29): YES MM17 THAT IS WHY THE ACCOUNTABILITY IS SO IMPORTANT REMEMBER BACK IN MAY 2010 THE FIGURE CAME OUT FROM AN ARTICLE THAT GUARDIAN POSTED THAT IRAQ HAD 9 TRILLION IN Med says to (08:45:48): INFLATION THEY HAD 9 TRILLION IN INFLATION THEY USED THAT TERM IT WAS USED INSTEAD OF EXCESS LIQUIDITY SO IS THIS ONLY FOR IRAQ OR IS THIS ALL OTHER COUNTRIES INCLUDED SEE IN THE STABILIZATION FOR DEVELOPING COUNTRIES IMF REPORTS ON IRAQ THAT IS ALL IT SHOWS AS BEING IN HARD CURRENCY GLOBALLY FOR IRAQ NOW THEY HAVE A TOTAL OF SOMEWHERE IN THE RANGE OF 26 TO 32 TRILLION DINAR neo says to (08:47:50): what about oil futures Med says to (08:47:56): BUT THAT IS ALSO ALL ACCOUNTS NOT TO DO WITH HARD CURRENCY mailman17 says to (08:48:05): WHICH A GOOD % IS VIRTUAL Med says to (08:48:19): NOW I DONT KNOW THAT THEY EVER SOLD OIL FUTURES YET NEO THEY DID TALK ABOUT IT ABOUT 2 YRS AGO BACK WHEN THEY WERE GOING TO REVALUE BACK IN NOV 2009 AND USE IT TO BACK THE DINAR ALONG WITH GOLD AND OTHER FOREIGN CURRENCY ASSETS HELD BY CBI mailman17 says to (08:49:50): THEY STILL WILL, BUT LIKE THE AUDITS, THOSE OIL NUMBERS WERE NO WHERE WHERE THEY ARE NOW... Med says to (08:49:51): I AM SURE THAT THERE WILL BE MORE I EDITED SOME OF THE ARTICLE THAT ADDRESSED THE REMOVAL OF SANCTIONS NOW ONE THING IRAQ DOES NOT WANT TO PAY TWICE TO THESE COUNTRIES I AM SURE MANY ARE HOLDING BILLIONS IN DINAR BESIDES THE DEBTS OWED THEM THEY SURELY DONT WANT TO PAY THEM BILLIONS IN A REVALUE AND ALSO PAY BILLIONS IN DEBTS ALSO SO I AM SURE THEY ARE SCRAMBLING TO FIGURE OUT HOW THEY CAN MAKE THIS LESS PAINFUL FOR IRAQ AT LEAST ON THE DEBT PART neo says to (08:52:59): dollar-denominated debt securities are a big challenge Med says to (08:53:15): IRAQ CANNOT FORCE ANYTHING OUTSIDE IRAQ'S BORDERS THEIR HANDS ARE TIED ON WHAT IS GOING TO HAPPEN WITH THE DINAR GLOBALLY neo says to (08:54:51): I agree that not just Iraq but in the region, sovereign debt crisis is on the edge of collapse Med says to (08:54:51): OK THAT IS KIND OF MY THOUGHTS YES IT IS mailman17 says to (08:55:03): WHICH BRINGS US TO THE EURO-UNION WHO BARELY SCRAPED TOGETHER ENOUGH TO BAIL OUT GREECE... FOOD FOR THOUGHT Med says to (08:55:15): YES IT IS AND THE IMF mailman17 says to (08:55:27): BINGO Med says to (08:55:30): USED UP ALLOT OF IT'S RESOURCES TO BAILOUT OUT THE EU THEY HAD ABOUT A TRILLION REMEMBER FROM THE 2010 MEETING DONATED BY THE G20 COUNTRIES AND NOT MUCH IS LEFT THE DINAR WOULD BE A BOOST TO THE IMF AND THE PAYMENTS OWED THE IMF BY IRAQ AND THEY CANNOT SKATE THE IMF OR WORLD BANK ON THE LOANS IRAQ HAS AN ESTIMATED 360 BILLION IN DEBTS TO THE INTERNATIONAL COMMUNITY 120 BILLION ALONE TO THE GULF REGION AND 60 BILLION OF THAT IS TO KUWAIT AND SAUDI ARABIA AND THE GULF REGION HAS TOLD IRAQ NO FORGIVENESS YOU ARE GOING TO PAY US SO THAT IS ALL THAT WAS ON MY MIND THAT I WANTED TO DISCUSS AND TO ME THE NEWS WAS JUST AMAZING NOW AM I SAYING RV TOMORROW NO BUT THE PIECES ARE BEING PUT INTO THE RIGHT HOLES OR SQUARES OR CIRCLES AND AS IT UNFOLDS I SAY TO MYSELF I HAD NO CLUE BUT MAKE SENSE mailman17 says to (09:00:53): AWESOME NEWS...ONE THING TO PONDER IF IRAQ WASNT READY TO PULL THE TRIGGER THEY IN NO WAY WOULDNT HAVE RELEASED THE INFO ON THE SMALLS Med says to (09:01:38): NOPE THEY WOULD NOT AND THIS BS THAT IS BEING INTERJECTED mailman17 says to (09:01:53): THEY WOULDNT HAVE ISSUED THE COUNCIL UNANIMOUYSLY APPROVING IT Med says to (09:01:59): ALONG WITH NEW NEWS TO THROW THINGS OFF IS JUST THAT BS mailman17 says to (09:02:06): AND BEING SENT TO PARIMENT Med says to (09:02:15): THEY GIVE A NEW STATEMENT mailman17 says to (09:02:21): WE HAVE BEEN IN THIS TOO LONG TO BE SNOOKERED...LOL Med says to (09:02:26): THEN ADD IN THE SAME OLD SAME OLD THAT HAS BEEN SAID BY SALEH SINCE FEBRUARY OF 2010 WE HAVE TO ORDER NEW DENOMS THEN HE SAYS THEY HAVE THEM THEN THE NEWS DOES A FILLER mailman17 says to (09:03:01): THE WHEN IS CLOSE..OTHERWISE WHY NOT DELAY IT GOING TO THE COUNCIL? WHY NOT WAIT? Med says to (09:03:16): YES EXACTLY IF THEY HAD NO INTENTIONS OF MOVING FORWARD THEN IT WOULD NOT EVEN BE IMPORTANT TO HAVE IT SENT FORWARD mailman17 says to (09:03:47): AND WHY RELEASE THE TONS OF NEWS PERTAINING TO THE REMOVAL OF THE 3 ZEROES? Med says to (09:04:00): THEY HAD TO PUT IT OUT mailman17 says to (09:04:03): ESPECIALLY TO THEIR PEOPLE WHY? Med says to (09:04:10): IT WAS PART OF THE EDUCATION PROCESS mailman17 says to (09:04:14): BINGO Med says to (09:04:17): FOR THE PEOPLE OF IRAQ NOT FOR US mailman17 says to (09:04:26): AND THAT WAS NEEDED PRIOR TO A RATE CHANGE Med says to (09:04:28): FIRST AND FORMOST THEY HAVE TO MAKE SURE IT DOES NOT FAIL IN IRAQ LIKE THE COINS DID CBI HAS TO MAKE SURE THAT THE DINAR IS THE CURRENCY OF CHOICE BY THE PEOPLE AND THE USD IS NOT THE SANCTIONS BEING LIFTED WILL ALLOW FREE MARKET ECONOMY TO MOVE FORWARD IT WILL ALLOW FOR PRIVATE ENTREPENUERS TO START THEIR OWN BUSINESS'S BY BEING ABLE DO WHAT FREE MARKET MEANS IT IS CALLED CAPITALISM AND IRAQ NOW WILL HAVE THAT CHANCE REMEMBER IN THE U.S. HOLD ON BRB mailman17 says to (09:07:37): PLEASE LISTEN TO ELEVATOR MUSIC WHILE WE WAIT... REMEMBER...IN ANY RV IN HISTORY...MISINFORMATION IS AT ITS HIGHEST AT THE END.. BUT IRAQ IS TELLING US EVERYTHING WE WNAT TO KNOW EXCEPT THE DAY AND RATE Med says to (09:09:35): OK BACK ON WHAT I WAS ELUDING TOO I AM NOT SURE WE ALL REALIZE THAT IN THE U.S. SMALL BUSINESS IS RESPONSIBLE FOR OVER 50% OF THE EMPLOYMENT IN OUR COUNTRY AND THIS IS WHY WE HAVE PREACHED THE PRIVATE SECTOR DEVELOPMENT SO MUCH IN IRAQ THE SAME CAN BE A HUGE HELP FOR PUTTING PEOPLE TO WORK mailman17 says to (09:11:06): ALSO CALLED INFRASTRUCTURE Med says to (09:11:15): AND RELIEVING THE PRESSURES OF UNEMPLOYMENT YES A GOVT CANNOT support AN ENTIRE COUNTRY WITH JUST THE OIL REVENUES THEY SPEND WAY TOO MUCH ALREADY AND ALL THE PEOPLE ARE GETTING IS CRUMBS OK THAT IS ALL I HAVE ANY ?'S baileyboy says to (09:17:12): Sorry to interup. But I didn't catch the whole chat. Med were you just going over the news from yesterday? so security is done and chapt.7 is done? Did I miss anything else? Med says to (09:17:34): I NEVER SAID SECURITY WAS DONE AND I ONLY SAID THE SANCTIONS ARE REMOVED I STILL THINK THEY ARE UNDER CHAPTER VII THERE IS A DIFFERENCE I HAVE NOT SEEN A VOTE ON THE ORIGINAL CHAPTER VII WHICH IS NOT ABOUT SANCTIONS THE SANCTIONS ARE ADDITIONAL TO THE ORIGINAL WORDING OF CHAPTER VII CHAPTER VII IS ACTUALLY THAT IRAQ IS A THREAT TO THE REGION baileyboy says to (09:19:02): Ok was confused on the internal secrity law that was approved Med says to (09:19:11): I HAVE NOT SEEN IT ALL THE OTHER UNSC RESOLUTIONS ARE OR WERE ADDED TO THE ORIGINAL VOTE ON CHAPTER VII Dinar Mark says to (09:21:01): After all of this discussion, I am still a little confused. The possibilities of this happening soon or will it take the rest of the summer. Or is it all just a big guess??????????????? mailman17 says to (09:21:48): TICK TOCK DM....IMO JUST THINK WE ARE THAT CLOSE....IMO Aunt Gwennie says to (09:27:32): ok..this week maybe? Med says to (09:27:51): AG NO IT WOULD BE IMPOSSIBLE THE VOTE FOR PARLIAMENT HAS TO COME AND PARLIAMENT IS OFF TILL THE 11TH Aunt Gwennie says to (09:28:41): waiting on parliament then(as always) Med says to (09:28:46): YES WE ARE BUT IT IS BETTER THAN THE HUNDREDS OF THINGS WE HAVE WAITED FOR OVER THE LAST 6 YEARS mailman17 says to (09:29:52): NOT TO MENTION...PARLIMENT CAN ALWAYS HAVE AN EMERGENCY SESSION TAKE PLACE...THAT HAS HAPPENED IN THE PAST... pillsbury says to (09:39:39): I know that mm17 brought up about the payment to the imf on 11 july 2011 why would parliment be out until the 11th without this being addressed Med says to (09:40:14): WE JUST DISCUSSED THAT ON THE PHONE PB I SAID THE SAME THING pillsbury says to (09:41:06): ok well i just figured that is they drop dead date to me Med says to (09:41:40): PB THERE IS NO SUCH THING WHEN DEALING WITH IRAQ THEY HAD A DROP DEAD DATE BACK IN OCT 09 ON THE ELECTION LAW AND JUST BLEW IT OFF busman says to (09:42:39): Med Gm, if iraq misses payment to imf, could it come out of US proyected funds? Med says to (09:42:47): NO guardian says to (09:42:56): the three zeros were approved by the cabinet on June 21st, but news only came out June 29th, maybe parliament approval news is delayed also Med says to (09:42:56): IT CANNOT mailman17 says to (09:43:03): THE 11TH IS JUST ANOTHER PIECE OF THE PUZZLE...THATS ALL...BUT AN IMPORTANT ONE... Med says to (09:43:09): IT COULD BE GUARDIAN Dinar Mark says to (09:43:13): Well if the IMF is in the middle of an audit, they might cut Iraq some slack Med says to (09:43:14): YES THAT IS POSSIBLE THIS COULD ALL BE DONE ALREADY AND WE NOT HAVE ANY CLUE pillsbury says to (09:43:59): we know that the payment has to be paid in dinar to the imf right mailman17 says to (09:44:00): SOMETHING LIKE THIS...ONCE APPROVED WOULD BE ACTIVE THAT DAY...SO THAT TELLS ME THEY HAVE A DATE SET TO VOTE ON THIS Med says to (09:44:01): AND THAT SHABS HAS A DATE IN MIND TO PUT THIS IN MOTION mailman17 says to (09:44:29): EXACTLY Med says to (09:44:32): ONE THING AND I NEVER EXPECTED PARLIAMENT TO VOTE AND THEN THAT DAY IT RV OR RAISE THE ZERO'S busman says to (09:45:02): MM17 i think special session is a very real thought Med says to (09:45:22): THERE WERE TIMES BUSMAN THAT THEY TRULY NEEDED ONE Med says to (09:45:39): AND THEY DID NOT MAKE A MOVE mailman17 says to (09:45:41): BUS..VERY WELL COULD BE...SOMTHING THIS BIG WILL NOT SHOW UP ON A DOCKET busman says to (09:46:26): this is a BIGGee don't u think med Med says to (09:46:33): OH OF COURSE BUT IT IS ALSO THE BIGGEST GAMBLE THAT IRAQ HAS ENCOUNTERED Dinar Mark says to (09:47:02): Was it a bit of a suprise for Iraq on the sactions being lifted??? Med says to (09:47:14): IT WAS A TOTAL SURPRISE I WAS IN AWE ALSO I SEE THAT THE U.S. IS LIKELY TO STAY IN IRAQ FOR ANOTHER 5 YRS THAT IS A HUGE HELP FOR US busman says to (09:48:04): we knew that was coming Med says to (09:48:11): YES BUT WE DIDNT KNOW HOW MUCH TROUBLE SADR WAS GOING TO MAKE ABOUT IT AND WITH IRAQ NOTHING IS GUARANEED I MEAN JUST LOOK AT WHAT HAS TRANSPIRED WE LOOK AT IT AS IF WE HAVE JUST SAT AND ALL WAS IN NEUTRAL BUT IT WAS NOT WE FIRST HAVE TWO MEETINGS IN DECEMBER WITH SHABS AND PARLIAMENT THEY SEEMED HARMLESS ENOUGH THEN WE FIND OUT THAT THE RAISING OF THE ZERO'S WAS GOING TO BE SENT IN THE FORM OF A DRAFT TO THE COUNCIL AND PARLIAMENT WE ALSO FIND OUT THAT THEY DO HAVE NEW DENOMS IN SUFFICIENT QUANITITIES TO START THE PROCESS HUGE NEWS AND A SURPRISE BECAUSE SINCE FEB OF 2010 SALEH HAS SAID THEY NEEDED TO BE PRINTED AND ORDERED AND IT WAS PARLIAMENT WHO HAD TO APPROVE THEM WE KNOW THAT THE IMF HAS STATED ONE CURRENCY WE KNOW THE IMF SAID PART OF THE LOANS THEY HAD TO RAISE THE ZERO'S FROM THE LOCAL CURRENCY REMEMBER LOCAL THAT IS ALL THEY HAVE AUTHORITY ON WE KNOW THEY WANT TO IMPROVE THEIR STATUS IN THE IMF MOST LIKELY MOVE FROM ARTICLE XIV TO ARTICLE VIII WE KNOW NOW THAT THE IMF HAS REQUESTED AN ACCOUNTABILITY OF ALL ASSETS THAT ENTAIL DINAR WE JUST FIND OUT THAT ALL SANCTIONS HAVE BEEN REMOVED BY THE UNSC AND IRAQ NOW IS REALLY FREE TO MOVE FORWARD BUT HAS TO PAY 5% STILL TO KUWAIT OR ELSE WE KNOW THAT THE U.S. IS STILL PROTECTING IRAQS ASSETS BUT ALL OTHER ASSETS ARE OPEN SEASON FOR DEBTORS SO THAT IS WHAT HAS HAPPENED FROM DECEMBER TILL NOW OH WE ALSO KNOW THAT THE DRAFT WAS SENT FORWARD AND THE COUNCIL APPROVED IT AND THAT ONLY ONE ISSUE SEEMS TO BE LEFT OR HAS NOT BEEN RELEASED TO THE PUBLIC THE FINAL VOTE BY PARLIAMENT SO THAT IS THE PAPER TRAIL OF FACTS ON JUST THE LAST 7 MONTHS getreill12 says to (09:56:56): hey Med (}),what are the implications for missing the 11th payment date....monetary,sanctions??....is it a biggie or petty? Med says to (09:57:06): IT IS PETTY THEY DID ALREADY OTHERS I AM SURE THAT THE IMF HAS TALKED TO IRAQ AND THEY KNOW WHAT AND WHERE THEY STAND Got-UR-back dino says to (09:58:14): Hello all. Anyone know if Iraq banks are still closed for audit? Apologize if already answered. Med says to (09:58:37): DINO NOT SURE alk4316 says to (09:58:43): med can you explain for many that chapter 7 and article 8 the difference Med says to (09:58:44): UMMM Dinar Mark says to (09:58:49): Will that vote in parliment be a public release or done in closed session??????????????? Med says to (09:59:02): WELL DM DID WE KNOW ABOUT THE COUNCIL AND USUALLY ALL COUNCIL VOTES ARE PUBLIC RIGHT AWAY OK ON CHAPTER VIII CHAPTER VII THAT IS A UNSC ISSUE ARTICLE VIII IS AN IMF ISSUE CHAPTER VII WAS THE ORIGINAL VOTE THAT PUT IRAQ AS A THREAT TO PEACE IN THE GULF REGION AND ALLOWED INTERVENTION BY COALITION FORCES ALL THE UNSC RESOLUTIONS THEN THAT WERE PASSED ARE THEN SUBSEQUENTLY PUT UNDER THAT ORIGINAL VOTE OF CHAPTER VII NOW ARTICLE VIII IS MOVING IRAQ FROM ARTICLE XIV WHICH ARTICLE XIV IS A RESTRICTED MEMBERSHIP WHERE ALL THINGS ARE CONTROLLED BY THE IMF MOVING TO ARTICLE VIII WILL OPEN UP THE DOORS TO TRADE AND REMOVE THE LIMITATIONS ON THE CURRENCY THAT HAS PLAGUED THE DINAR UNDER ARTICLE XIV THEY FALL UNDER A CRAWLING PEG AGAINST THE USD AND RIGHT NOW THE PEG IS IN NEUTRAL BUT UNDER VIII THOSE ARE NO LONGER IN PLACE THEY CAN MOVE TO A BASKET OF CURRENCIES OR A PURE FLOAT OR A DIRTY FLOAT NOW I AM ONLY EXPLAINING THE FACTS AS WE KNOW THEM 4 Link to comment Share on other sites More sharing options...
ThePeoplesChamp Posted July 5, 2011 Report Share Posted July 5, 2011 Now that was a long chat... Good Read, Thanks for the post! 1 Link to comment Share on other sites More sharing options...
bluejay Posted July 5, 2011 Report Share Posted July 5, 2011 Thanks for the post...My question is when the refer to the IQD as not an international currency, do they really mean a currency with any value, I'm pretty sure that it has been stated that the IQD is a international currency....Just curious....I wish this would just end win or loose... Link to comment Share on other sites More sharing options...
cgbrown Posted July 5, 2011 Report Share Posted July 5, 2011 Did Medic say "sonny1' has added 1 week to his previous perdiction? ------Making it now July 12 for possible RV , did I read that right. Link to comment Share on other sites More sharing options...
tim5400 Posted July 5, 2011 Report Share Posted July 5, 2011 had to take a quick snoose halfway through 1 Link to comment Share on other sites More sharing options...
jomans Posted July 5, 2011 Report Share Posted July 5, 2011 [quote name='bluejay' date='05 July 2011 - 10:52 AM' timestamp='1309888360' post='559301'] Thanks for the post...My question is when the refer to the IQD as not an international currency, do they really mean a currency with any value, I'm pretty sure that it has been stated that the IQD is a international currency....Just curious....I wish this would just end win or loose... I believe meaning that the IQD is not recognized in banks.... for example, if you try to take your IQD at Bank of America (or any other bank in USA), you cannot exchange it for USD. And it does no good for outside contractors that work in IRAQ to accept IQD.... they can't excahnge it at their banks for the contries currency to pay workers. Currently, until the mechanism goes in place for the international banks to accept IQD to exchange into their currency, it is basically worthless and not considered an "international currency". Link to comment Share on other sites More sharing options...
zaborniake Posted July 6, 2011 Report Share Posted July 6, 2011 I'm wondering if he is referring to the lifting of sanctions that sonny was addressing in the thread about Ch 7 being lifted. I'm also interested to hear about Shabbs being on lockdown. Link to comment Share on other sites More sharing options...
lightjds2 Posted July 6, 2011 Report Share Posted July 6, 2011 I think it was AC who posted about a week ago that Shabbs was under lock down of sorts and he also claimed Shabbs was not at the bank meeting in Rome. I think Med may have some insite as to why M didnt want Shabbs to leave the country....He is in fact the brains... of the RV..lol...anyway sounds reasonable. Link to comment Share on other sites More sharing options...
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