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And that is correct
he has no brains to slip out the back door. He has no Idea what the front does!!!
I BELIEVE GOD HAS AN INTEREST IN IRAQ!
1. The Garden of Eden was in Iraq .
2. Mesopotamia, which is now Iraq, was the cradle of civilization!
3. Noah built the ark in Iraq ...
4. The Tower of Babel was in Iraq .
5. Abraham was from Ur, which is in Southern Iraq ...
6. Isaac's wife Rebekah is from Nahor, which is in Iraq ..
7. Jacob met Rachel in Iraq .
8. Jonah preached in Nineveh - which is in Iraq ...
9. Assyria, which is in Iraq, conquered the ten tribes of Israel ..
10. Amos cried out in Iraq ..
11 Babylon , which is in Iraq , destroyed Jerusalem ..
12. Daniel was in the lion's den in Iraq .
13. The three Hebrew children were in the fire in Iraq.
14. Belshazzar, the King of Babylon saw the 'writing on the wall' in Iraq .
15. Nebuchadnezzar, King of Babylon, carried the Jews captive into Iraq .
16. Ezekiel preached in Iraq .
17. The wise men were from Iraq ...
18. Peter preached in Iraq .
19. The 'Empire of Man' described in Revelation is called Babylon --which was a city in Iraq.
And you have probably seen this one: Israel is the nation most often mentioned in the Bible.
But do you know which nation is second?
It is Iraq !
However, that is not the name that is used in the Bible.
The names used in the Bible are Babylon , Land of Shinar , and Mesopotamia ... The word Mesopotamia means between the two rivers, more exactly between the Tigris And Euphrates Rivers ..
The name Iraq means country with deep roots.
Indeed Iraq is a country with deep roots and is a very significant country in the Bible.
No other nation, except Israel , has more history and prophecy associated
with it than Iraq .
THIS EVENT MAY BE GOD TRANSFERRING THE WEALTH OF THE WICKED TO HIS RIGHTEOUS AS SPOKEN IN THE BIBLE!
New Dinar News App for Android!
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Thank You,
Matt
Here is the problem, you don't know how to read and Iraqi's will start using the banks again cause they will have some value to their lives. Amazing that people like you just won't leave well enough alone. Will you be posting on the boards after the RV or will you slip out the back door?
Dear Followers,
Hot Penny Picks is an active helpful informational board that is posting on older dried up boards that have one to zero posts a day to help grow its following and help diversify its posters. Our goal is to become one of the top boards with hundreds of posts a day (which it has now) and a good place to share DD and bounce ideas off of one another. Were a growing board gaining followers every day and have on average 150-200 posts a day. We have made several picks all having great returns and the more people following the harder we work, the Hotter the picks get.
http://investorshub.advfn.com/boards/board.aspx?board_id=19162
Hot Penny Picks
Here’s the problem… most Iraqis still like to deal in cash. With the 25K note ($21.25) being the biggest, it makes it tough to buy big ticket items. That’s a lot of bills to carry around to purchase something that cost $1000. So the people want a bigger bill. The CBI wants to lop now, they are just waiting on Parliament to approve it. I think the CBI floated this 100K note rumor out there to light a fire under Parliaments’ arse. Saying either hurry up and approve the lop or we’re gonna put out a 100K note.
When the lop happens and they issue a new currency, they will probably have a 100 dinar note.
Adviser said the Iraqi Central Bank the appearance of Mohammed Saleh, said that the Iraqi currency need to expand and we will issue a currency class 100 thousand dinars . .
That just doesn't make any sense here Aero, why would they want to ad a new note when they are talking about deleting 0's? I've always thought they were nuts but this proves it,lol..what a bunch of nitwits.
There Will Be A Revalue of The Iraqi Dinar Here’s Why
by Marcus Curtis on November 24, 2010
{Disclaimer} First I want to say there are no guarantees. I want to try to tie together all the research I have been doing for the last few months. I want to explain why I believe Iraq’s currency will revalue, and what is really at stake here. The more I dug the more I found. I used Google Bing and yahoo search engines. I also used Google and Bing translators. Anyone can find out what I discovered. I am no guru. I don’t know what the rate will be. I don’t know when this will happen (although I believe it will be soon) I don’t have any people on the inside, or boots on the ground. I don’t sell dinar or represent those who do. All I believe is this. The dinar will gain great value and we will all make money on this. Links will be provided. Please take the time to click on the links. They will blow your mind!!! Now I will present my case.
The first thing we need to know about the revalue is simple. We need an understanding of how a central bank works. What is a central bank? The US had 3 central banks. Each central bank was privately owned and operated. Each one had the power to print the government’s money, and charge the government interest for using that money.
http://iraqcurrencyw…-money-history/
Our current central bank is the Federal Reserve. It has the power to create money, adjust interest rates, and it has the power to control a lot of the American economy. Yet the Federal Reserve is not part of the Federal Government, and it is an independently owned and operated. It is a private organization.
Part 1 http://www.youtube.c…h?v=_dmPchuXIXQ
Part 2 http://www.youtube.c…feature=related
We also need to understand that the Iraqi central bank is also a privately owned bank. It operates and works the same way the Federal Reserve operates and works. It was the Rothschilds that owned and operated the first two central banks of the United States. They also own the Central Bank of Iraq. (CBI) They played a major role and even have part ownership in the Federal Reserve.
A man by the name of Paul Wolfowitz who for a time served as head of the World Bank, (2 years) was also involved in the planning of the Iraqi invasion. He has ties with the Rothschilds.
http://www.analysis-…standing-IV.htm
Now let’s go back to The American Revolution. At this time there was a currency circulating called a Continental. (Colonial Script) The Rothschilds were openly condemning this currency and calling it worthless. At the same time they did this they were buying all the Continentals they could find. A man named Alexander Levine came to America. He was a Rothschild agent. He changed his name to Alexander Hamilton. He served under George Washington. He became his personal secretary. When Washington became president he made Hamilton the US Secretary of Treasury. Hamilton was able to revalue all the Continentals the Rothschilds owned. He was also successful in getting the first US Central Bank on a temporary basis. It had a 20 year charter and Washington signed it into law.
http://www.analysis-…standing-VI.htm
http://www.analysis-…rstanding-V.htm
In recent years The US stock market has gone through some major adjustments. J.P. Morgan bought Bear Stearns and Bank of America bought Merrill Lynch. Both these companies had a major supply of Iraqi dinar and Iraqi bonds. Both J.P. Morgan and Bank of America already had a significant amount of Iraqi dinars and bonds before the purchase of these companies were made. Now they have greatly increased the supply of these assets.
Companies like Lehman Brothers were allowed to go bankrupt because they had few if any Iraqi assets in their portfolio. It was J.P. Morgan himself that also assisted in the effort to establish the Federal Reserve. Goldman Sachs is another Rothschild/US company. It is flush with Iraqi bonds, and it is in the process of becoming a bank. This bank supposedly has 1.1 trillion in assets.
The Oil Connection
It has been stated in many threads over the forums that Iraq would not simply give it’s oil reserves away for a revalued currency. I have added to the confusion by stating that The Iraqi dinar is backed by oil. This was really a poor choice of words on my part. The Iraqi dinar is not a coupon that countries will use to get their oil. What I am trying to imply is this. The value of Iraq’s resources such as oil, Natural Gas, sulfur crops ect, will play a role in the value of the Iraqi dinar itself. The dinar itself is not backed by oil the same way the USD was once backed by gold. However oil will play a role in the revalue of Iraq’s currency.
When you appraise the value of a home you don’t only look at the square footage alone to figure out the value. You take everything into account. Is their any finished carpentry work? Does it have a sprinkler system? Does it have Granit counter tops or Formica? How big is the garage? Is it one car, two cars, or three cars? How many finishing details does it have? Is the house in good shape or does it need repairs?
That is kind of like the same role the resources play on the value of the dinar. This is because these resources will contribute to Iraq’s GDP. This is why oil will always play a part in the value of Iraq’s currency and their economy.
http://www.ikhnews.c…_view_3360.html
Baghdad (newsletter).Central appearance for confirmed mscharalbnk that economic growth will improve the Iraqi dinar, that prices will double the total output of Iraq. He said in a telephone (for news agency of news)–all indications are that there are optimistically that Iraqi economy powerful shift will move over the next two years in General and will improve Iraqi dinar particularly noting that such a shift will develop oil and up productivity to (4) million barrels of oil.
Predicted for oil market prices remain high between 80 to 85 dollars a barrel as this will double the total output of Iraq with 100 percent of what will have on government revenues and income of the ECB.
And between valid: that which helps Iraqi Ttoiraldinar versus aldolarho economic growth rates while the value of income and greater currency,
adding: when national income value improves the Iraqi dinar and the level of income, wages and per capita gross domestic product is improving.
And he said that the Central Bank’s monetary policy is now stable and stability affects three elements highlighted by rate level of stability during recent years, and even stable Central Bank reserves in the limits between 43 to 45 billion dollars a barrel./
http://translate.goo…late.google.com
The economist said Ghazi Kanani that the reason for the stability of the dollar over the past five years due to the monetary policy the right of the Central Bank, expected to see the Iraqi dinar rise against the dollar next year. He said yesterday: Since 2004, the U.S. dollar Astaqrarolm effect the exchange rate, as this stability in the interest of consumers and traders, explained that the citizens and merchants were suffering greatly from volatility in the exchange rate, which was reflected in the prices of goods and services. He noted that the constant change at the exchange rate prior to 2004, the latest upheaval in the (economic and commercial) in the country, as well as central bank reserves , and that exchange rate stability They gave impetus to the Iraqi dinar. predicted Kanani said that improving the Iraqi dinar price during the coming year due to increased financial reserves, especially after Iraq signed the Convention on the (oil licensing round) that is, they Sneks revenues, with the budget of the oil. Kanani said his emphasis on the stability that this will affect the Iraqi Central Bank reserves and thus leads from the high value of the Iraqi dinar and stability.
http://www.iraqoilre…expansion-5033/
Now hopefully everyone can see the roll oil and other resources will play and how it will cause the Iraqi dinar to gain value!
Making the numbers fit
People here have been struggling with large numbers and many are trying to come to any logical conclusion as to how this currency will gain value. It seems all the zeros don’t add up. Don’t worry congress gets just as confused when it sees lots of zeros too. It just boggles the mind.
It has been said through numerous articles that Iraq has 25 trillion dinar in circulation. Some say even 27 trillion. This number is then compared to the world GDP and to the US money supply. It has been said that the US money supply is only 1.7 trillion some say 8.5 trillion. So it would be impossible to revalue a currency when that much dinar is in circulation. I would agree with this assumption if those numbers were correct. But these numbers are not correct. As we will see
Just because Iraq has introduced 25 to 27 trillion dinars into circulation does not mean that all that money stayed in circulation. Iraq has pulled money out of circulation. Here is an article that surfaced in the spring of 2010.
http://translate.goo…late.google.com
Iraq : Iraq announces withdrawal of 70 percent of the excess liquidity
Stressed the continuing support of residential, industrial and service
Baghdad, Taha Hussein
Iraq could pull a high proportion of excess liquidity for local market needs as well as continuing to support projects of industrial, service and housing.
Director General of BADEA Abdul Hussein al-Yasiri at a news conference attended by “morning” that the bank has achieved an important work focuses on two aspects, namely the withdrawal of excess liquidity from circulation and put it into the market again as it allows taking 24 trillion and 800 billion dinars, representing 70 percent of the liquidity, adding to The second aspect of the directions of the Bank is to support a draft comprehensive banking and industrial sectors, service and construction projects, construction and allocation of part of loans to farmers and the financing of housing projects, especially that the country needs to build more than three million housing units, noting that the bank was allocated 6 trillion dinars for the purposes of housing, commerce and industry to by granting loans to the public sector such as the Ministry of Electricity, which granted a loan for the development of electricity and the purchase of bonds and remittances in the form of two waves exceeded Akiemha four trillion and 800 billion dinars, as well as giving companies and the Ministry of Industry more than a trillion and 115 billion dinars, a contribution to the implementation of rehabilitation projects and the development of these companies , in addition to the different loans granted by Bank staff and employees in government departments, different. Speaking of housing loans granted by Iraq for the citizens and that the bank used Balakari as his experience in granting housing loans to citizens Vakarz final amount exceeded 300 billion dinars, in addition to the prepared study in how to grant housing loans by him directly, because the bank wanted to avoid the mistakes that many international banks through the equation between the deposits and the type and between loans and advances, indicating the presence of short-term deposits and long-term and there are loans and lines of short, medium and long-term bank, which has the right vision for the future must be prepared to lend this budget and on this basis, as he put it. Director-General warned that the bank is still going to give the citizens of housing loans of $ 30 million, indicating that the bank is required possession of the citizen who wants to get this loan for a piece of land as fit for building residential unit more than others, as well as its continuation in the granting of commercial loans and industrial. Said that Iraq had set a ceiling for advances not to exceed one trillion dinars and is currently studying the possibility of developing a new roof or the lifting of the ceiling reached by the bank in the previous round.
Here we see Iraq withdrawing money, but at the same time it is stressing that it will still have enough money to support projects for industrial, service, and housing.
So what is excess liquidity?
http://www.livemint….ity-create.html
Becker provides a precise definition of “excess liquidity”, which is simply that if money supply expands faster than nominal gross domestic product (GDP), excess liquidity will be created. In other words, excess liquidity is the percentage year-on-year (y-o-y) money supply growth minus the percentage y-o-y growth in nominal GDP.
It is evident that the Central bank of Iraq has been pulling money from the supply look at the CBI
http://www.cbi.iq/in…p?pid=Banknotes
The coins are already pulled from the money supply.
http://en.wikipedia….iki/Iraqi_dinar
“The notes were similar in design to notes issued by the Central Bank of Iraq in the 1970s and 1980s. A 500 dinars note was issued a year later, in October 2004. In the Kurdish regions of Iraq, the 50 dinar note is not in circulation.
In 2004, new 25, 50, and 100 dinars coins were introduced. However, these coins proved to be unpopular & were withdrawn from circulation.”
I don’t know exactly how much Iraqi dinar is in circulation and how much has been pulled at this point. I am still trying to determine this, but what about the US money supply?
The US has 1.7 trillion dollars in printed currency this is called the M1 money supply. The US also has digital currency. The digital currency and the physical currency added together is called the M2 money supply. The M2 money supply is 8.5 trillion. The money supply is greatly expanded by the use of something called Fractional Reserve Banking. This is outlined in a book produced by the Federal Reserve called Modern Money Mechanics. This short video will explain how it works.
http://www.youtube.c…h?v=pC8I3J-1GSM
http://www.forecasts.org/m1.htm
Now you know exactly how the money supply is expanded through the fractional reserve banking system. So take the base money supply and times it by 10 (the reserve limit) now you have 85 trillion as an expansion possibility. However the reserve requirement has been removed.
http://www.dailypaul.com/node/65803
So ask yourself, If the federal reserve and the bankers can expand the money supply this much, How come the reserve requirements were removed? The money supply has been expanded even further through Quantitative Easing 1 and 2. The total US money supply is M3. Good luck finding an accurate number.
So money = debt and debt = money. Every dollar in circulation represents someone else in debt. Now check out the US debt Clock
http://www.usdebtclock.org/
Maybe we can kind of guess what the real M3 money supply is from calculating all this debt.
Iraq is a world currency. It is spread throughout the world. So to determine if there is enough currency to revalue you need to look at the global picture, not just the United States currency. Keep in mind that there are about 150 central banks and don’t forget to take into account Fractional Reserve Banking for each bank!
What about Redenomination?
In the last redenomination article I read two things stood out. First the new government would need to approve the dinar. Second they will conduct a study to see if this is a good option. So if this is correct no decision has been made at this point. They would also need to determine the cost and build it into the budget. There has been an on again off again approach when discussing this topic. There are many articles that say they will not redenominate. I am going to quote from the Wikipedia link provided earlier.
“According to a Reuters report on 11 Feb 2010, Iraq expects to redenominate its dinar currency by knocking three zeros off the nominal value of bank notes to facilitate currency transactions.”
The Rothschild family owns Reuters. This is the same Rothschild family that owns the CBI. History is about to repeat itself once again. Remember earlier that the Rothschild’s ancestors purchased all the colonial currency they could find and at the same time they had their network of people declaring how worthless the currency was. Soon afterwards Alexander Hamilton restored value to the Colonial currency.
The same thing is happening today. The Rothschilds are setting up their network of agents and friends with as much Iraqi dinar and bonds as possible via the stock market and acquisitions, and at the same time they say the currency will redenominate and is worthless through their media complex. Places like Reuters and AP provide the Rothschilds with their own personal forums. Then when the time is right Shabibi will revalue the dinar.
http://www.publiccentralbank.com/
http://www.scoreboar…les-reuters.htm
http://everythingwar…nd-buffett.html
http://www.theflucas…emid=64&lang=en
http://tobefree.word…-gold%E2%80%A6/
So if you clicked on the links and watched the video in the last link above you know that the Rothschilds also own the oil company Royal Dutch Shell. Look at the oil contracts in Iraq that have been given to shell. Look at the 17 billion gas contract signed by shell.
In Conclusion
When we consider an Iraqi dinar RV we need to look at the really big picture. There is more at stake here than a war-torn country that suffered under a brutal dictatorship and is merely trying to emerge from economic ruin. We are dealing with global interests that want to establish a foothold in this region. The global elite wants to dominate this region and establish their control over it’s recourses. The dinar is a tool to do just that.
There is one more piece to this puzzle. All of this is setting the world stage for a one world government. A ruler (antichrist) will arise from this world government and all this can be found in biblical prophecy.
http://iraqcurrencyw…say-about-iraq/
You may have to copy and paste the links in the above article as they are not live in the story! Some may be o.k. but some are not!
Posted by John MacHaffie
Sorry, we are unable to access the page you requested:
http://al-iraqnews.net/new/
Please choose from the following:
New 100,000 dinar notes to be issued.
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fal-iraqnews.net%2Fnew%2F
Conscious / Baghdad / ?.? H. B
20/12/2010 3:52pm 20/12/2010 3:52 pm
Adviser said the Iraqi Central Bank the appearance of Mohammed Saleh, said that the Iraqi currency need to expand and we will issue a currency class 100 thousand dinars . .
Saleh said in a statement to the reporter (and Media News Agency / INA) that the central bank is considering the idea of re-structuring of currency in terms of specifications and forms??So we will work to issue new categories of currency have the ability to shorten the large amounts of financial aid. , Pointing out that the deal continued to use the $ 100 is the biggest proof of the urgent need for the currency of this magnitude.
Mbinna that the process of lifting of the zeroes needs time and official approval from the government and parliament, adding that the moment is Muhio . To delete the zeros from the currency.
Central bank Iraq adviser: Iraqi Dinar will rise against the US dollar in the coming period
http://www.edinarfinancial.net/news/?quer=&nm=&ny=&nn=622
December 07, 2010
The Chancellor and the economic expert for the appearance of Mohammed’s (morning): The budget deficit is similar to the deficit in the economic structure in general, what calls for attention to processes such as how things can reflect negatively on the economic process in Iraq completely,
The Cabinet has recently approved the general budget for Iraq for next year 2011, amounting to $ 83 billion, depending on the value of export of oil amounting to 2.25 million barrels per day and at a price of $ 73 per barrel, but the experts and specialists in the economic forecast to suffer the next budget a deficit of $ 18 billion, which commented upon in favor by saying: not a question of negative to suffer the budget financial deficit, but to see the budget at the end of each year a financial surplus due to non-completion of many plans and projects, and also said: Every time you start the budget deficit , and ending with a surplus …
In return, expect the benefit to see the Iraqi dinar remarkable rise against other currencies especially the dollar, explaining that the size of financial returns to the oil, which rose dramatically during the past period compared to past years, as well as the situation called for Palmtdeda [compared] to the dollar in world markets, which can be to contribute according to the Chancellor to raise the value of the Iraqi dinar against the dollar ..
The central bank’s long been the deletion of three zeros from Iraqi dinar, in a move designed, according to those concerned to reduce the value of inflation in Iraq, to equality dinar to the dollar, as well as reducing the cluster enormous cash from the Iraqi currency to its lowest limit, however, observers have criticized the move by Galo it is not effective at this time, indicating that the deletion of three zeros from Iraqi dinar will not work to reduce prices or improve quality of life, but it is a switch of the currency only, can not see prices drop because of it as far as saying ..
Saleh said the CBI has a lot of policies drawn through auctions currency held by the continuously at the moment, adding that the auction and a means of indirect monetary policy and seeks to achieve three important objectives is to control the levels of liquidity to the Iraqi dinar and also is a means to control the dinar exchange rate against the dollar, as well as being an incubator is important for the financing of private traders who rely on the support of their projects financially through these auctions .. and Abizaid valid reference to that post the most prominent of the currency auction is to achieve economic stability, particularly the reduction of inflation rates, indicating that in addition to for exchange rate stability achieved by the exchange auctions, it is an important means able to achieve substantial financial reserves of Iraq amounted to $ 50 billion.(Source) Currency News
You are pathetic ... you live life only seeing the negative, and creating deceptions!!! So there you go, you are just that pathetic.
What you practice "IS" what you become.
Folks!! We are there and we have done it inspite of
what everyone else has said! And just to name a few quotes ;
"Oh that sounds too good to be true!"; "Ha,ha,ha,ha,ha,haaaaa!
That will never happen" ; "I promise you, that currency will
never ever be worth even close to the US dollar!!" ; "Are you
smokin' crack? Do you really think that crap will ever happen?
I do not think so!!!" ; "You did what? You are a %$&@ing
idiot!!" Drum roll please for this one.... ; "Oh that is a
SCAM!!" -- Ladies and Gentlemen we have heard it all!! And he
who laughs first laughs last! And now their going to be
saying, "Ahh, man I started to do it" ; "Man, you sure are
lucky" ; "Geez man, why didn't you tell me it was real" and
last, but not least; "God, If I would have only listened to
you!!!"-- And WE DID LISTEN TO GOD!! Thank you, LORD, for
including all of these GREAT peeps, Muffin and I in this
BLESSING!! Congrats folks!!! This is just a hint of what can
happen, when WE OBEY GOD! This is a test!! So let's be wise!
PRMO.0002~Under HEAVY accumulation, keep on watch
So you think they're announcing over and over again that they'll make instant millionaires out of anyone with $1,000 to spare? Or worse yet... charge it on a credit card.
better read that a bit more clearly. That being said have a good life and I hope you find what ever it is you are seeking.
And yes I like the dinar myself and will even more when they eliminate the 3 zero's just like they said they will, increasing the value.
Good luck
I like the dinar... just as I like any other currency. What's not to like. But it would be silly to own any since they have announced over and over that they will redenominate and lop 3 zeros.
and like always you make no sense, again I hope you didn't buy any dinar if you don't like it.
wow, you seem very distraught. If you don't like the dinar I hope you didn't buy any!
And I see you still can't control yourself from making stupid personal comments when facts befuddle your severly limited knowledge.... LOL... but I see you did edit your post.
whatever you say, nothing will affect the outcome that is coming.
You are correct. The money supply numbers have continued to skyrocket. They now have 27 Trillion in circulation and a M2 number of 55 Trillion. Both require Iraq to lop their currency. Anyone holding dinar will soon lose a large % of their money.
yes you probably did, but times are not like last year or earlier either, now are they?
Heard that last year, and the year before, and the year before, and the year before, and the year before, and the year before.
Looks to me like the USA as well as other Countries may have to be more accountable for their actions.....
The Dinar is looking great for a very Merry Christmas for us all imo.... Lots happening....
You may want to pay attention to this ... ITS HOT
Leaking of Secret U.S. Cables Sparks Diplomacy Crisis
- http://cablegate.wikileaks.org/
- http://fourwinds10.com/siterun_data/bellringers_corner/
MidnightThinkTank.com
Trade Bank of Iraq Plans to Expand Abroad
On: Friday 11/26/2010 20:13
(HNN) - This day of network news (HNN) - The chairman of Trade Bank of Iraq Hussein Azri said that the bank planned to expand overseas and double the number of branches in Iraq next year to take advantage of the expected oil boom.
Azri said that the state-run bank, which also looked forward to financing deals in the energy sector with the implementation of plans to increase oil production in Iraq, a member of OPEC, through a series of agreements with major oil companies and with rebuilding the economy.
He said during an interview with Reuters on Thursday on the sidelines of a conference of oil and gas in the city of Basra's oil industry hub in the south of the country that businesses thrive.
He added that the bank is expected to be able to cover the whole of Iraq, its services by the end of next year as well as the opening of three branches outside Iraq.
The Bank plans which has 15 branches in Iraq is the opening of eight or nine other local branches in the next year and the opening of three branches in Beirut, London and Istanbul to satisfy the appetite of investors who are looking to Iraq.
Iraq has signed a series of agreements with international oil companies in the past year to enhance the production capacity of crude to the power level of Saudi Arabia, which is 12 million barrels per day from about 2.5 million barrels per day at the moment.
The country plans, which lacks electricity also increase power generation capacity to build new plants and add new engines to the existing stations.
Iraq has big plans to set up infrastructure to export oil to keep pace with the expected increase in crude production but it is lack of funding after years of war, sanctions and poor conditions that devastated its economy.
Azri said that the Trade Bank of Iraq will help the government to finance some projects of infrastructure in the oil and electricity sectors.
He said the bank within the pavilion which is surrounded by wings of other companies such as Schlumberger and Weatherford and TPAO of Turkey and Malaysia's Petronas, which won contracts in Iraq's oil sector, "as we see in novels on the short, the security situation did not deter investors from coming here."
He added that the oil companies began to march and service companies come in now, which will attract hotels, restaurants, residential and office complexes.
Azri said that the bank expected a rise in net profit to about 25 percent in 2010 thanks to the banking activities of companies and private banking.
The net profit $ 305 million last year.
Azri said that the bank was targeting a 20 percent increase in net profit in 2010, but he believes that the increase will exceed this and reach to about 25 percent which is good.
He added that the bank started its investment banking and corporate activities in the current year and that he expected revenue growth.
Azri said that the bank plans to increase its capital to one billion dollars from 427 million dollars
http://translate.googleusercontent.com/translate_c?hl=en&u=http://www.swalefnalhelwa.com/news.php%3Faction%3Dview%26id%3D685&prev=/language_tools&rurl=translate.google.com&usg=ALkJrhg8nC-rLepjKSQ3bs7q8kbpxdfRfw
I am supposed to be working right now, but I feel like I need to get his post off of my mind and potentially help some people make some decisions. This is a long topic applying to a specific group. So if you have not heard of the following trust, you may not want to waste your time. Also, I am not taking time to edit or proof read this.
I was recently asked to give an opinion on an IRREVOCABLE, NON-GRANTOR, COMPLEX, DISCRETIONARY, SPENDTHRIFT TRUST and told about a guy who is selling these trust which are supposed to allow you to defer income forever and have bullet proof asset protection. Unfortunately I didn’t have time to complete the investigation without actually being hired to do it. However I felt compelled to address some comments to the issue. The short comment is to stay away. The long set of comments follows:
Here is what is being advertised:____________________________________________________
An IRREVOCABLE, NON-GRANTOR, COMPLEX, DISCRETIONARY, SPENDTHRIFT TRUST:
•Totally eliminates exposure to PERSONAL LIABILITY.
•Eliminates PROBATE and all associated expenses.
•Eliminates all INHERITANCE TAXES when properly constructed.
•When properly constructed the trust is MEDICARE/MEDICAID COMPLIANT.
•Eliminates all concerns about INCAPACITY AND GUARDIANSHIP.
•Protects land holdings from loss due to URBANIZATION.
•Eliminates CAPITAL GAINS TAX.
Through discretionary terms and conditions by the correct use of the law and the Internal Revenue Code, the trust can make available EXTRAORDINARY DIVIDENDS and Taxable STOCK DIVIDENDS without taxation.
___________________________________________________________________________
I would LOVE to have reviewed one of his trusts, but the only way to see one is to buy it. (I understand they are 5 or 6 thousand dollars.) So, I read what his “Think Tank” website had to say and listened to a recorded conference call and a live conference call with this gentleman, “Jim” who did not give his last name, would not give the name of his company, his phone number, or his address. He claimed he didn’t want to be overwhelmed with contacts. However, he was willing to give a non-company email address: hayseedpassion@gmail.com.
That was enough to turn on red flag alerts for me. The rest of my issues/concerns follow:
1) Big Sounding Name - The name of the trust has NOTHING to do with whether it is legal or whether it will work. You could take a standard revocable trust and call it the BULLETPROOF FOREIGN ASSET PROTECTION TRUST, but that would not change the fact that the language of the instrument was a basic, run of the mill, domestic, revocable living trust with no asset protection. What matters is the language of the trust which I have not seen.
2) His claims that the trust is “Legal” - Whether the trust is Legal has NOTHING to do with whether or not it will do what you say it will do. What matters is the language of the trust which I have not seen.
3) Opinion Letters – He claims to have opinion letters from an attorney and a CPA who used to work for the IRS. However, you don’t get to see them unless you have already paid. Seriously? Then what is the point of even having one. If you trust and stand behind your product and the opinion letter upholds what you profess, wouldn’t you WANT to show it to us to convince us to buy? I am left wondering if the opinion letters are worth the paper they are written on. They may just say "This trust is legal" or something else just as innocuous. That says nothing about whether the trust will do what it claims within the limits of the laws and regulations.
4) Copyright – He claims the trust is under copyright (or actually implies that). What is under copyright is the book he placed the trust in. It is his “expression” of the legal ideas of the trust. What he sells are completed trusts. Therefore, he is either committing the Unlicensed Practice of Law (UPL) by drafting trusts (which can be copyrighted) or his is simply selling a form to you that he fills in with information that you provide. Forms cannot be copyrighted.
5) Current - He says that his trust was drafted in 1999 and updated in 2002. That means it is not up to date with the current changes in the Uniform Trust Code. Changes in the UTC (which most states have adopted to some extent threaten the asset protections of domestic irrevocable trusts. There are some things which are done to limit the damage, but there is no way of knowing if the attorney that drafted this trust he will sell to you had the foresight to put those provisions in.
6) Will work in all 50 states – Well of course it will. However, it relies on IRC 643(a)(3) for its “deferment” of gains. (Fiduciary accounting calls it “accumulation” of gains which may have negative tax consequences in the future.) I’m not a CPA and I’d need to do more research to be sure, but I don’t have the time. Anyway, I have seen indications that local law affects how 643 is applied to trust income. Further, different states laws will work differently with the updates in the Uniform Trust Code. The trust may work differently in different states (depending on how it is set up).
7) In the Land of the Blind – There is a saying that in the land of the blind, the one eyed man is king. Thinking about what I have read and heard, I am reminded of that saying. In the Q&A part of his call, I heard people thanking Jim for the information had given them. I thought, “What are you talking about? All the guy has done is make a bunch of unsubstantiated claims and tell us about how his trust is supposed to work without being willing to show us ANYTHING to support his statements. They guy sounds like a “snake oil salesman.” (Sorry if that is harsh, but it really is what I thought.) The problem is that “Jim” actually does have some things right and is a pretty bright guy which makes him believable. The problem there is that you believe him when he is wrong too. He gets things wrong on several occasions and misleads people unintentionally. His call was the land of the blind. How are they to know?
8) Capitalizing your trust – Over and over again, “Jim” refers to capitalizing your trust and refers to it as a nontaxable event. However, absent being shown something in his trust or the IRC contrary to this (which he is unwilling to do), I have to disagree with him. When you place assets into a trust (he calls it capitalizing - the estate planning world calls it gifting), it is considered a gift to any beneficiaries of the trust and all of the gifting laws apply. Any gifts of Dinar post-RV could be enormous and would cause large gift tax consequences to the person making the gift. I see no way that this trust could get around that (regardless of what he claims). He tries to use the analogy of contributing capital to a business to prove his point. The difference is that whatever contribution you make to the business increases your own capital account in the business. The gifts to trust are for beneficiaries other than yourself. It is a gift. To believe otherwise, I'd need to see the language.
9) Using a separate “Settlor” – When the Tax Court reviews a case, they are looking at substance over form. “Jim’s” scheme uses someone else to be the Grantor of the trust and create it for your beneficiaries. However, they only fund it with $10 and hand it over. He calls this person the “Settlor.” When you gift assets to the trust, you become a Grantor of the trust (just like the Settlor). The trust will remain a non-grantor trust (which simply means it is not taxed back to the grantor), but depending on the powers that you as Trustee hold, being both grantor and Trustee could bring the trust assets into your estate for estate tax purposes and destroy one of the primary purposes of the trust. It could also threaten the asset protection of the trust.
10) His trust is special – He tells a story and implies that irrevocable trusts are not liked by attorneys or commonly seen by the IRS, I would have to disagree with him there. Irrevocable trusts are a common planning instrument that estate planning attorneys, tax attorneys, investment advisers, and the IRS are all very familiar with.
11) Scott on Trusts – One of his claims is that the trust is in compliance with Scott. He then makes the claim that Scott is the authority on trusts in our country. Well, he may have been an authority at one time, but the Courts don’t care. The written authority now is a combined work of attorneys around the nation called the “Restatement of Trusts.” Not too long ago, the Restatement of Trusts III came out. This is what prompted the changes in the Uniform Trust Code (UTC) that threatens asset protections of irrevocable trusts. No one cares that it is conformance with Scott on Trusts.
12) You could do better for the price – I have been told that he is charging $5,000 to $6,000 for these trusts. I believe that people in most areas of the country could go to a good estate planning attorney who would custom draft a trust to meet their needs. Also, If you see an attorney who drafts a trust for you for a particular purpose, you can also sue them if it fails to meet that purpose. “Jim” disclaims all liability and gives no guarantees. If your trust doesn't work you are still out the money.
13) Self Dealing – One of the big selling points of his trust is that as Trustee, you can buy a car or house and own it inside the trust and have the use of it while you are “managing it for the beneficiaries.” Using the trust so much for the advantage of the Trustee is self-dealing. (It is substance over form.) I'm not sure that whatever discretionary language you have in the trust will be enough to overcome the self-dealing problem. Perhaps the trust allows self-dealing (I’ve drafted some that do), however, we can’t know without seeing the language of the trust.
14) Passing assets on tax free – Of all the issues listed above, I can think of ways they just might be able to work out. However, this is one issue I can think of NO WAY around. He claims that once you are done “managing” the trust assets for the beneficiaries (which really means using them for yourself), that you can pass them on to new trusts owned by your beneficiaries without any tax consequence and avoid all of the deferred (accumulated) capital gains income being taxed on the transfer. I’d love to see some IRC section that allows this. I don’t know of one. I sent an email to a CPA this morning to see if he knows of any way to do it. I don’t.
Okay – I’ve spent WAY too much time on this already so I'll make my final comments. This trust may work just as you “Jim” says it does. In fact the structure is intriguing. Still, I can't feel comfortable without either seeing the trust itself or a detailed opinion letter from an attorney qualified to draft such an opinion (and I may need an opinion from a CPA who understands fiduciary accounting principles). I would also need to see that the trust was updated to deal with the new problems presented by the Uniform Trust Code.
Reviewing this trust reminds me of reading arguments of tax protesters. (I even wrote a paper on why the current income tax structure was unconstitutional.) There are some people out there who are claiming victory over the IRS using what they have been taught. However, we still see people going to jail. There may be people using this trust successfully, but it feels like a tax protester situation. Unless I see this thing properly vetted, I’d tell anyone who asks me to stay away from it. $5,000 or $6,000 is too much to throw away.
I have now spent over 6 hours on this thing (including typing it up) that I should have used to try to make some money for my family. (Still really struggling to get my practice started again now that wife is doing better. Have even gotten help from my church for bills.) I feel guilty for spending so much time on it and hope that it is helpful. However, PLEASE don’t expect me to do any more on this topic. I just can’t afford the time.
Having said that, I am a sucker for learning something new, so if you have an answer that is supported by law (not just what someone said), I’d LOVE you to post it here.
Sincerely,
Mark A. Galloway
Advanced Legal Planning, LLC
Read more: http://dinarvets.com/forums/index.php?/topic/40688-irrevocable-non-grantor-complex-discretionary-spendthrift-trust/#ixzz15xgbkyRM
ART
It will soon be lopped and you'll have to sell it back to a dinar dealer who will rake you over the coals.
If you were in Iraq you could get 5 Thousand new dinar for the 5 million you currently have.
Good luck!
EPGL @0.0002/0.0003 getting ready to ROCK!!
Wayne Madsen: White House In Crisis
http://beforeitsnews.com/story/216/574/Wayne_Madsen:_White_House_in_Crisis.html
Editors Note: If the information in this article is accurate it is extremely important. The fact that Wayne Madsen has shown himself to be a very credible journalist in the past makes this situation all the more intriguing. Stay tuned.
Opinion-Maker
By Wayne Madsen
Section 4 of the 25th Amendment likely to be invoked; Obama being shipped out!
Washington has not witnessed so much top level White House intrigue since October 20, 1973, when a Saturday night saw President Nixon fire the Watergate independent counsel, the U.S. attorney general, and the deputy attorney general in the “Saturday Night Massacre.” Just ten days earlier, Vice President Spiro Agnew resigned after being charged with accepting bribes while governor of Maryland.
In the case of President Obama, the senior firings are not happening during a single nght but the recent involuntary sudden departures of the White House chief of staff and national security adviser, along with what WMR can confirm from multiple sources is a president who is suffering from Nixonian levels of paranoia, depression, and schizophrenia, has some top-level administration officials considering the first-ever invocation of Section 4 of the 25th Amendment — the involuntary removal of the president from office. The White House meltdown has the Washington political circuit buzzing under the surface.
Unlike Watergate and the Iran-contra scandal, however, the corporate media is refusing to report on the breakdown of the Obama administration and the internecine political warfare within the Executive Office of the President.
The “Ulsterman” Diary
Like Watergate, the rumors about Obama’s mental health, his lack of interest in the routine tasks of the presidency, and his mistaken belief that the crowds who see him on the campaign trail automatically adore him, are emanating from a “Deep Throat,” a former White House staffer who is providing detailed information on the chaos and in-fighting in the White House to a blogger who goes by the name of “Ulsterman.” Ulsterman has conducted a number of background interviews with the former Obama staffer over the past few weeks, publishing them in a series. WMR has independently confirmed with Washington insiders, some with high-level contacts in the White House, that most of the information in the interviews is correct.
The latest leak from the former White House official has Obama offering Secretary of State Hillary Clinton the vice presidential position in 2012. However, Clinton has no intention of taking the job and may well quit as Secretary of State after the mid-term election, especially if Secretary of Defense Robert Gates leaves earlier than his announced departure of next year and the Democrats suffer a big defeat at the polls on Nov. 2. It is known that Gates does not like the new National Security Adviser Tom Donilon and was not happy that National Security Adviser James Jones was fired earlier than his own planned departure date.
The other Ulsterman interviews are as follows:
White House Insider On Obama: The President Is Losing It Sep. 7
White House Insider Part 2: The President needs to grow up. Sep. 15
White House Insider: What The Hell Have We Done? Sep. 18
White House Insider: The Clintons Are Going For It. Sep. 21
White House Insider: Pelosi and Obama at War Oct. 7
Another similarity to the Watergate crisis is the usual “pre-crisis presence” of Washington Post influence peddler and original “Deep Throat” conjurer Bob Woodward. Woodward’s new book, Obama’s Wars, quoted Jones as calling Obama’s advisers “water bugs,” an utterance that resulted in Jones’s early firing by Obama.
Rahm Emanuel’s firing came after he and Mrs. Obama had a major argument, and the First Lady told Emanuel he had to go “for a reason.” Mrs. Obama reportedly flatly told Emanuel he was “no longer welcome at the White House.” The “Emanuel-running-for-Chicago-mayor” story was mere window dressing to cover up the meltdown in the White House leadership. The top-level White House resignations, just before a critical mid-term election, are unprecedented even by Watergate standards. The October 1973 White House instability was one year before the 1974 mid-terms, an election that still saw the Republicans suffer tremendous losses in the Congress.
As with “Deep Throat” and other past White House leakers, there is as much speculation on who has been speaking to Ulsterman as there is on the earth-shattering revelations coming out of his or her interviews. The leaker’s information indicates that he or she was relatively high-ranking with access to the inner workings of the Oval Office. The following have all left the White House, some abruptly:
Rahm Emanuel, chief of staff. Resigned effective October 1, 2010.
Retired General James Jones, National Security Adviser. Resignation announced on October 8, 2010.
Ellen Moran, Communications Director, left in April 2009, however, the leaks indicate the Obama “Deep Throat” had more recent access to the Oval Office. Moran is now chief of Staff to Commerce Secretary Gary Locke.
Van Jones, special adviser for “Green Jobs.” Left in September 2009, again, too early to have been privy to later inside information.
Mark Lippert, deputy national security adviser. Left in October 2009 and went from reserve to active status in the US Navy. Lippert was a “pick-up basketball” partner of Obama during the campaign.
David Ogden, Deputy Attorney General. Resigned in February 2010.
Greg Craig, White House Counsel. Craig was forced to announce his resignation in November 2009. Although November 2009 was also possibly too early for Craig to be the source, he is a consummate Washington insider who may continue to be privy to information from within the Oval Office and West Wing.
Peter Orszag, Director of the Office of Management and Budget. Resigned in June 2010. Like Craig, a strong possibility.
Retired Admiral Dennis Blair, Director of National Intelligence. Resigned in May 2010. Would have had classified access to White House operations although he did not work in the White House.
Christina Romer, chairman of the Council of Economic Advisers. Resigned in September 2010.
Larry Summers, Director of National Economic Council. Resignation not to take effect until after November 2 election.
There are also reports that White House Press Secretary Robert Gibbs has been told to look for another job. Defense Secretary Robert Gates has announced his decision to leave but with James Jones’s early dismissal, Gates may move up his departure from the Pentagon. David Axelrod plans to leave as early as March 2011 to work, as he has stated, on Obama’s re-election campaign from Chicago.
Obama’s depression and paranoia and Hillary’s intentions
WMR has learned that Obama’s paranoia and severe depression over his correct belief that certain interests are out to get him have been mitigated by First Lady Michelle Obama and domestic policy adviser Valerie Jarrett. Mrs. Obama has been telling Obama that he should forgo a second term because he is “too good for the American people” and he has a future role on a “bigger world stage.”
It is also being reported from White House sources that Hillary Clinton plans to run against Obama in 2012, something WMR previously reported. The reports that Obama has offered Mrs. Clinton the vice presidential position in 2012 is both an attempt at defusing the reports that Clinton, backed by her husband Bill Clinton, are planning a primary challenge to Obama and an attempt to send a message to Biden, who is considered by Obama to be working with the forces arrayed against him.
On August 27, 2010, WMR reported on the Obama-Clinton intrigue:
“Informed sources in Washington, DC have told WMR that President Obama has been personally told by a delegation of top Democratic Party financiers that unless he radically changes his economic policies they will bolt from him for another Democratic candidate in 2012. The Democratic money moguls conveyed the warning to Obama in Martha’s Vineyard, where the president and his family are spending their vacation. There are various factions within the Democratic Party that see different scenarios to bail out what many Democrats see as an administration in deep trouble with the electorate. One would have Secretary of State Hillary Clinton move up to replace Vice President Joe Biden on the 2012 ticket with Senator John Kerry becoming Secretary of State. However, WMR has been told that Clinton personally loathes Obama and his chief of staff Rahm Emanuel and may not want to be part of the 2012 president ticket playing second fiddle to Obama. WMR has also learned that Obama’s reported ‘severe narcissism’ has a number of his cabinet officials and top Democratic fundraisers perplexed. Obama’s refusal to change course because of his ego was discussed at the recent annual Bohemian Grove conclave in northern California, which brings together influential businessmen and politicians from both parties. Top U.S. business leaders openly complained about Obama’s economic policies, with some stating that Obama is, for the business community, the worst president in anyone’s lifetime. They also complained about White House gatekeepers like Emanuel and policy advisers Valerie Jarrett and David Axelrod who are preventing access to the Oval Office.
Although such complaints could be expected from Republican businessmen, we have learned that top Democratic businessmen at the Bohemian Grove have told Jarrett, Obama’s chief liaison to them, that all she does is shake them down” for campaign contributions and that the uncertainty on the costs for Obama programs on health care and taxes has prevented the hiring of workers.
WMR has also learned that rather than change course, the White House staff, who are keenly reading anything that is critical of the president, are more interested in exacting revenge for criticism than in changing course. ‘The White House staff are voracious readers who are obsessed with favorable coverage,’ one source said.
The Obama administration’s interest in a favorable public image over all other interests has a number of Democrats running for re-election privately miffed. One change many Democratic politicians and fundraisers would like to see is the replacement of Treasury Secretary Timothy Geithner with someone with more gravitas and a better handle on fixes for the plummeting economy.”
On January 7, 2010, WMR reported: “WMR has also learned of a schism that has opened up between Obama’s political team of Emanuel, Jarrett, David Axelrod, and White House pollsters and focus group specialists who meet at the White House every Wednesday and the national security team of National Security Adviser Jim Jones, Defense Secretary Robert Gates, and Secretary of State Hillary Clinton. The national security team is convinced that the political team is only focused on the 2012 re-election campaign and not on pressing national security issues. Brawls have reportedly broken out between the two groups with Emanuel looking for ways to threaten Jones, Gates, and Clinton with retaliation if their criticisms of the political team continues.”
Now that Jones is out, Gates is going — maybe sooner than reported — and Clinton is contemplating leaving and challenging Obama in 2012, the national security team under Biden’s close friend Donilon is now in the hands of a veteran Democratic political team. But the political team has also taken major hits, with Emanuel gone, Axelrod leaving next year, and White House General Counsel Greg Craig having left last January. New Chief of Staff Rouse is a protege of former Senator Tom Daschle and is considered close to Biden’s circle.
Donilon’s wife, Cathy Russell, is Biden’s chief of staff and his brother, Mike Donilon, a long-time Democratic campaign consultant who advised Bill Clinton in his 1992 presidential campaign, is counselor to the vice president.
John O. Brennan, Obama’s deputy national security adviser for Homeland Security and Counter-terrorism, is also under pressure to resign. Brennan, after retiring as interim chief of the National Counter-terrorism Center at the CIA in 2005, became CEO of The Analysis Corporation. Brennan’s firm’s employees were among those cited in rifling through Obama’s State Department passport files in January 2008. It was never ascertained what information was gleaned from Obama’s files and possibly those of his mother, grandfather, and grandmother. However, WMR has learned that Obama’s past is curently of interest to individuals linked closely to the CIA.
Crisis management in the White House
The White House team now consists of Biden’s circle of Donilon and Rouse, the Obama circle of Michelle Obama, Jarrett, and an increasingly weakened Axelrod, and those in the middle who are not sure about the future of the administration.
Mrs. Obama and, to a lesser extent, Jarrett, have tried to smooth things over between people like Vice President Biden and chief of staff Pete Rouse on one hand and President Obama, who is detached from his duties, and, according to the former White House staffer who is talking to Ulsterman, extremely lazy, only interested in watching ESPN and discussing sports, and playing golf, and doing what he is most comfortable at: campaigning. Obama clearly wants to run again for president, citing the “adoring crowds” who greet him on the political stump. Mrs. Obama has reportedly told the president that “there are no more adoring crowds.”
Last March, the annual report on the president’s health contaned a reference to drinking. Obama’s doctor urged him to ”Continue smoking cessation efforts, a daily exercise program, healthy diet, moderation in alcohol intake. . .” WMR has been told by informed sources that Obama’s drinking has, on occasion, been more than moderate.
Previously, WMR reported that Michelle has told the president that he can make more money after one term as president than Bill Clinton has made after two terms. Privately, the First Lady has made no secret of her dislike of her role as First Lady and the constraints it has put on her own ability to make money. In a book about French First Lady Carla Bruni, “Carla and the Ambitious,” Mrs. Bruni-Sarkozy reportedly said that Mrs. Obama told her that life in the White House is “hell.” The White House staffer told “Ulsterman” that he was uncomfortable talking about the marital situation between the president and the First Lady, but WMR has previously reported on Obama’s bi-sexuality, his activities with gay members of Chicago’s Trinity United Church of Christ and an uptown Chicago bath house, in addition to his current controversial relationship with his personal trainer, Reggie Love, and a past short relationship with Larry Sinclair.
Obama’s depression and lack of interest in his duties have senior administration officials and some Cabinet secretaries considering the invocation of Section 4 of the 25th Amendment, which deals with the involuntary removal of the president for physical or mental incapacity.
The first invocation of the Section 4 of the 25th Amendment is on the table
Section 4 has never been invoked. However, on two occasions it was almost invoked on President Reagan, after the March 30, 1981, assassination attempt against Reagan and in 1987 when Howard Baker took over as White House chief of staff from the fired Donald Regan. PBS reported that Baker’s team was shocked over what they heard from Regan’s staff: that “Reagan was ‘inattentive, inept,’ and ‘lazy,’ and Baker should be prepared to invoke the 25th Amendment to relieve him of his duties.”
When asked by the Associated Press in March 1983 about White House plans to invoke Section 4 after his shooting in March 1981, President Reagan responded, “No one has ever mentioned such a thing to me.” White House Chief of Staff James Baker III countered Reagan’s statement by contending that Reagan must have forgot.
During the Bill Clinton impeachment episode, there was talk in the White House of creating the position of a White House psychiatrist who would be empowered to ascertain the mental fitness of the president to serve. Clinton’s self-destructive sexual activities were cited as one reason for such a position. Lyndon Johnson’s war-time depression and Richard Nixon’s paranoia were also given as reasons for an “independent psychiatrist” on the White House staff. The issue returned during President George W. Bush’s term of office with reports of alcoholism and depression.
1972 Democratic vice presidential candidate Senator Thomas Eagleton (D-MO) was stepped down from the ticket after revelations that he had been treated for mental depression. Presidential candidate George McGovern was forced to replace Eagleton with Sargent Shriver.
A March 14, 1999, New York Times report addressed the issue of presidential psychological problems and quoted former Presidents Jimmy Carter and Gerald Ford as being against the idea of a White House shrink. Carter was opposed to a mandatory annual psychiatric evaluation as part of the annual physical examination of the president. He told the Times, “No — You don’t have a mandatory requirement in the law to check a President for athlete’s foot,” but he added, “I believe that mental illness should be considered with the same import as physical illness.” Ford also opposed the idea of a presidential psychiatrist, saying, “I don’t see the need for someone in that discipline being assigned specifically to the White House medical office . . . I think I was normal. I think I am still normal. If I had any problem along that line develop, the White House can acquire the best almost instantaneously.” Senator Ted Stevens (R-AK) also voiced opposition, saying, “The signal to the world that the American President, the leader of the free world, is having to get advice as to his mental condition might destabilize a lot of things, including stock markets and negotiations.”
Zbigniew Brzezinski, former Carter national security adviser, not rejecting outright the idea of a presidential psychiatrist, said, “The psychiatrist would also probably have to sign a document obligating him to raise an alarm if he detected serious problems that could affect the President’s ability to govern.”
The present talk about invoking Section 4 has made Obama even more paranoid about his enemies, who he feels range from Biden and the Clintons to the banks and Wall Street.
Section 4 would allow Vice President Biden, along with a majority of either ‘the principal officers of the executive departments,” the Cabinet or “such other body as Congress may by law provide,” to declare the President disabled by submitting a written declaration to the president of the Senate pro tem Senator Daniel Inouye (D-HI), and the Speaker of the House of Representatives, Representative Nancy Pelosi (D-CA). Under Section 3 of the 25th Amendment, Vice President Biden would become Acting President.
Section 4 is designed to be invoked if the president’s incapacitation prevents him from discharging the duties of his office. A written declaration to that effect must be presented to Congress. The president may resume exercising the Presidential duties by sending a written declaration to the president of the Senate pro tem and the speaker of the House.
However, should the Vice president and Cabinet remain unsatisfied with the president’s condition, within four days of the president’s declaration that he is fit, may submit another declaration that the president is incapacitated. The Congress must then assemble within 48 hours, if not already in session. Within 21 days of assembling or of receiving the second declaration by the Vice President and the Cabinet, a two-thirds vote of each house of Congress is required to affirm the President as unfit. Upon this finding by the Congress, Section 4 states that the vice president would continue to function as the “Acting President.” If the Republicans win one or both houses of Congress on November 2, a lame duck Democratic-led Senate and House might have to deal with the invocation of Section 3, something that could plunge the country into a constitutional crisis.
If Biden were to become president, he would have to nominate a vice president subject to a majority approval of the Senate and House of Representatives. Again, a lame duck Congress may find itself thrust into approving a vice presidential successor and Biden would likely want such a decision to fall to Democratic-led chambers rather than one or both being controlled by the Republicans. In such an event, Secretary of State Clinton, the senior Cabinet member, may find herself as the favorite. Current talk in the corporate media about Clinton being offered the vice presidential slot by Obama in 2012, and her rejection of such a scenario, may be part of a campaign to prepare the American people for a vice presidency, not under Obama, but under Biden.
Enter the CIA
In another eerie replay of the Watergate crisis, WMR has learned that the CIA has not sat by idly as the Obama White House has unraveled. WMR has previously reported on Obama’s and his family’s past links to the CIA. However, Langley appears ready to take advantage of the weakening position of Obama to bring about added uncertainty.
WMR has learned from a reliable intelligence source that the CIA has secretly contracted with a retired top CIA official who was a principal actor in the Iran-contra scandal, to uncover any information that could be damaging to Obama from his past. On the table are any documents and information on Obama’s place of birth, his paternal parentage, and his past employment activities. By contracting outside the CIA’s normal channels, the agency is seeking ”plausible deniability” should documents or information damaging to Obama be uncovered and subsequently leaked to the media.
The retired CIA official has recently been active with a carve-out special Pentagon intelligence-gathering contract approved by his one-time boss at the CIA, then-CIA deputy director Robert Gates, now the defense secretary, and CIA Director Leon Panetta, President Clinton’s White House chief of staff. There is at least $15 million of Pentagon funds unaccounted for in the CIA’s off-the-books intelligence-gathering operation, reported to have officially been for counter-terrorism operations in Afghanistan and Pakistan. The contractor firm has been involved in domestic and foreign intelligence operations for the CIA and FBI for at least 20 years, including monitoring labor strikes, investigating at least one U.S. Supreme Court nominee, and its linkage to the FBI corruption case involving Boston criminal syndicate boss James “‘Whitey” Bulger.
The scenario of invoking Section 4 of the 25th Amendment is a worst-case scenario but the mere fact that it is “on the table” provides an indication of the current dysfunctional situation in the White House. Democratic Party leaders are scrambling in anticipation of major losses on Nov. 2 in the Congress and state houses. President Obama may soon find himself at the receiving end of senior Democratic Party elders who will bear a “shock therapy” message: “shape up or ship out.”
Wayne Madsen is a Washington, DC-based investigative journalist, author and syndicated columnist. He has written for several renowned papers and blogs.
Madsen is a regular contributor on Russia Today. He has been a frequent political and national security commentator on Fox News and has also appeared on ABC, NBC, CBS, PBS, CNN, BBC, Al Jazeera, and MS-NBC. Madsen has taken on Bill O’Reilly and Sean Hannity on their television shows. He has been invited to testifty as a witness before the US House of Representatives, the UN Criminal Tribunal for Rwanda, and an terrorism investigation panel of the French government.
As a U.S. Naval Officer, he managed one of the first computer security programs for the U.S. Navy. He subsequently worked for the National Security Agency, the Naval Data Automation Command, Department of State, RCA Corporation, and Computer Sciences Corporation.
Madsen is a member of the Society of Professional Journalists (SPJ), Association for Intelligence Officers (AFIO), and the National Press Club. He is a regular contributor to Opinion Maker.
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Comments
Posted by Tex on Fri Oct 15 2010 10:48
Too bad we can't take the power away from these scammers in a similar manner: http://texsquixtarblog.blogspot.com
Posted by terry the censor on Fri Oct 15 2010 12:07
> Wayne Madsen has shown himself to be a very credible journalist
Wow! He's a conspiracy nut.
Posted by Anonymous on Fri Oct 15 2010 18:35
What a huge pile of right wing instigated fear/hatred bullshit. The only people wanting to get rid of Obama are the hateful fear-mongering racists who can't stand having a black man as president. That has been evident the day after the election in 2008 and the Republican's statement just after his inaguration that "We will do everything and anything to make this president fail." Wayne Madison is just another liar for the Republican and his employer, FOX News. This is a great example of just how low the immoral and hypocritical Republicans will stoop in their continued effort to take over the country, by any means, and force its failure so they can institute their facist rule by the wealthy elite minority and big corporations. Their contastant fillibuster and lies the for last two years PROVE their agenda. They are the enemy and a GREAT danger to the United Stated and are working hard to insitute their empire of evil. They make Darth Vader look like a Sunday school teacher.
Posted by What? on Sat Oct 16 2010 02:02
@"...fear-mongering racists who can't stand having a black man as president."
What a huge pile indeed!
Actually, that's the way people like YOU think. The rest of us think - As long as he can do the job representing my view point, it doesn't matter what colour he is.
I suspect a large percentage of the voters who elected this president did so because he IS black. (He certainly wasn't elected for his experience.) Now THAT is racist!
I find it curious how if one doesn't agree with this president or the way he is running the country people who DO agree with him and his policies automatically scream 'racist'!
So, let me get this straight. Even though I've been voting conservatively my whole life and I don't agree philosophically with the liberal view point, and because this president just happens to be black, I am now no longer a conservative but a racist?!
Again, this is how people like you think, not people like me.
Labeling a philosophical view point as racist is just plain ignorant.
I'm not going to vote for Hillary or Biden in 2012. So now that makes me a... what?
Posted by Anonymous on Sat Oct 16 2010 14:35
@ Anonymous
Fear mongering racists?
No we dislike Obama because he is a liar and a Marxist.
He is trying to destroy this country and he was caught Red handed. In November he will discover the gravity of his mistake as his power is negated by the incoming Republican majority.
He will go down in history as the most hated man in American politics not because of his color but because of his Marxist beliefs. And before you scream racism again like you liberal pukes always do, I worked for Alan Keyes in Illinois against Obummer and Keyes is BLACK not half Black like Obama. So stick that in your racist pipe and smoke it.
Posted by Hugh Mann on Sun Oct 17 2010 12:44
We gave these assholes power and we can easily remove it! Stop worrying and being fearful because this is what the PTB (powers that be) want. They want the sheep to be fearful enough to beg their help. Stop giving in to their desires. Start using your brains and defending your God given rights. Be careful of what you put your signature on. Every time you sign something, you give away power. Viva Revolution!
Posted by Anonymous on Mon Oct 18 2010 08:32
I find it interesting that people even consider Obama a "black" man. He has a white mother and a black father right? Doesn't that make him just as much white as black? Pick a color for convenience, like Halle Berry.
It's easy to use the word "racist" when you are lazy and don't want to confront real issues. It doesn't play anymore. Find another argument that has validity with the real issues we face.
Posted by Anonymous on Mon Oct 18 2010 19:51
omg to the person who thinks everyone is racist. It's not about his color, it's about what he is doing and saying that represents Amercia. We r the land of freedom and we don't bow down to kings and queens unless it is our Lord Jesus, our founding fathers base our principles on the word of God not Allah or any other God.I believe yes everyone can worship there own God, but our God is in heaven, and this land is blessed because of God, and nooone else if u don't like it go home...go back to kenya.....GOD BLESS AMERICA
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Got 5 million IQD..Whats going on..I got 25,000 notes sequenced
you need to be in I r a q D i n a r
BFHJ 1stcall 0.0011 hit 0.0075..Looks likem good entry again at 0.0032/0.0034
Breaking News Alert: Monday, October 11th 2010
Published by: InvestingAnswers (Austin, Texas)
Time-Tested "Bank Health" Indicator Known as "The Texas Ratio" Reveals The Names of:
The Next 437 Banks
That Could Fail
Note: We originally posted this article mid-day on June 9th, 2010. Since then, 41 of the banks on the original list, including eight on Andy's "Top 10 Banks in Danger of Failure" list, were seized by the FDIC.
Because your hard-earned savings depend on it, InvestingAnswers is committed to updating this list regularly so that you can have the most timely and relevant information at your fingertips. Please enter your email address in the form below to get our most current list.
Dear Friend,
Don't kid yourself into thinking that the worst of the financial crisis has passed. For some banks, it's just beginning. Eating all those bad loans is hurting all banks, and many more are going to fail.
The Federal Deposit Insurance Corp. (FDIC) says 80% of banks are profitable. But that leaves 20% that are bleeding cash.
There are 7,830 banks in the U.S. -- and 437 of them are in immediate danger of failing. Make sure your bank isn't on this list. Details below.
The FDIC currently has 829 banks on its "Problem Bank" list. So far this year, 129 banks have failed, about one-third of which did so in the third quarter.
That's a truly frightening number by historical standards: About 40% of the banks that have failed since 2000 did so in the first nine months of 2010.
Trouble is, the FDIC doesn't release its problem loans list -- it only says how many banks are on it.
But by using a special ratio that measures a bank's problem loans (the precursor to the loans that are eventually charged off), investors can determine with a high degree of accuracy whether their bank is safe.
It's called the "Texas Ratio" -- and it was developed by a financial wizard named Gerard Cassidy who used it to correctly predict bank failures in Texas during the 1980s recession, and again in New England in the recession of the early 1990s.
The Texas Ratio is determined by dividing the bank's non-performing assets by its tangible common equity and loan-loss reserves. Tangible common is equity capital less goodwill and intangibles. As the ratio approaches 1.0, the bank's risk of failure rises.
With only three exceptions, every bank that has failed in the second and third quarters has had a Texas Ratio greater than 0.90.
Using this highly accurate barometer of bank health, I've not only reassured myself that my own bank -- the highly excellent Amarillo National -- is safe and sound, I've also made a list of the 437 banks most likely to fail. You can get a free copy of this list by submitting the form below. If you bank at one of these institutions or have friends or loved ones who do, please pass this information along to them.
Is Your Bank One Of The 437
In Immediate Danger of Failure?
Fill out this form and we'll email you our list of 437 "Danger" banks.
Choose Your State:
Email:
I don't want to see any bank go under. But the fact is many have and many more will as the financial system works through its mountain of bad loans. The best way to predict which banks are in hot water is to use the Texas Ratio.
One bit of good news is that the 20 publicly traded banks in the S&P 500 have low Texas Ratios.
Institution Ticker Texas Ratio
Northern Trust NTRS 0.03
Peoples United PBCT 0.13
Hudson City Bancorp HCBK 0.15
Comerica CMA 0.20
Fifth Third FITB 0.20
Citigroup C 0.18
Keybank KEY 0.22
M&T MT 0.06
First Horizon FHN 0.29
Marshall & Isley MI 0.35
Regions Financial RF 0.34
Zion Bancorp ZION 0.51
J.P. Morgan Chase JPM 0.32
PNC Financial PNC 0.31
BB&T BBT 0.04
Huntington HBAN 0.30
Suntrust STI 0.36
Bank of America BAC 0.36
US Bank USB 0.30
Wells Fargo WFC 0.46
These large banks are strong. Too many others, however, are not. Please submit the form below to get the list of 437 U.S. banks in danger of failing immediately.
And again, if you have friends or loved ones who bank at one of the listed institutions, please pass this information along to them promptly.
Is Your Bank One Of The 437
In Immediate Danger of Failure?
Fill out this form and we'll email you our list of 437 "Danger" banks.
Choose Your State:
Email:
Frequently Asked Questions
"What are your top 10 banks in danger of failure?"
We're constantly updating our list as the banks we identify continue to fail. As of September 21, 2010, the top ten banks in danger of failure are:
Montgomery Bank & Trust, Ailey, GA
The Gordon Bank, Gordon, GA
Hillcrest Bank, Overland Park, KS
North Georgia Bank, Watkinsville, GA
American Trust Bank, Roswell, GA
Habersham Bank, Clarkesville, GA
The First State Bank, Stockbridge, GA
First Bank of Jacksonville, Jacksonville, FL
Sterling Savings Bank, Spokane, WA
Family Federal Savings of Illinois, Cicero, IL
To get our most current list -- and stay updated with all future lists -- enter your email address above.
"Why do you need my email address?" One option is to charge you for this list and send it by postal mail. The other is to just email you a free copy of it. We choose the latter because we feel it gives you a better experience.
"Are you going to charge me?" This offer is 100% free of charge with no obligation to purchase anything. Credit card is NOT required.
"Will I be SPAMMED?" No. Not only is SPAM annoying and frustrating, but it's illegal.
"How do you protect my privacy?" We treat it like we'd want you to treat ours: with respect. We'll never sell or give away your personal information to any third party unless you request us to do so. Read our Privacy Policy for more details on how we protect your privacy.
"Are you registered financial advisors?" No. We're the educational branch of StreetAuthority.com -- an independent financial research and publishing company. You may have seen StreetAuthority's investing ideas, market commentary and special research reports published on the financial news sites listed above. To learn more about StreetAuthority, please visit our About Us page or home page.
"What are you going to send me?" You'll get three things, starting with the list of 437 banks in danger of failing based on their Texas Ratio. We'll also keep you updated with our free, semi-weekly newsletter called The Investor Advocate. Finally, we'll give you StreetAuthority's most popular daily newsletter -- read by over 500,000 investors -- the StreetAuthority Investor Update. The Investor Advocate features an assortment of investing education articles that "look out" for small, individual investors -- while the StreetAuthority Investor Update gives you actionable investment ideas you can profit from. Both newsletters are written by a handful of the nation's brightest and most successful market analysts. If you decide you don't want to hear from us again we make it real easy to opt-out: At the bottom of each communication you'll find either a "cancel" or "unsubscribe" link. Alternatively, you can ask let our Customer Service team know by using our Contact Us form.
"Where are you located? What is your phone number?" You can reach us in either of these two locations:
Gaithersburg, Maryland Office
839 Quince Orchard Blvd
Suite K
Gaithersburg, MD 20878
Phone: (301) 216-2005
Austin, Texas Office
4601 Spicewood Springs Rd
Building 3, Suite 100
Austin, TX 78759
Phone: (800) 796-8025
"How can I get your list of 437 banks in danger of failing?" Just enter your email address here.
http://web.investinganswers.com/land/is-your-bank-in-danger-out.asp?REF=MNWS&TP=685
THIS MORNING THERE WERE A COUPLE POSTS ON DINAR VETS WEBSITE AND I AM PUTTING THEM HERE FOR YOU TO READ:
ALSO, I JUST GOT A CALL FROM MY CONTACT IN CALIFORNIA AND HE EMAILED ME 3 THINGS. I AM NOT TO FORWARD THEM, BUT ACTUALLY WHAT I AM PUTTING IN THIS EMAIL ACTUALLY CONFIRMS WHAT HE TOLD ME.
THE GOVERNMENT WAS SEATED AND RV DONE YESTERDAY, SUNDAY 10/10/10 AT 10:10 A.M. HE SAID ANYTHING YOU READ OR HERE ON THE NEWS IS ALL SMOKE SCREENS PERPETRATED BY THE IRAQ GOVERNMENT AND ACTUALLY A LOCK DOWN HAS BEEN PUT ON THE GOVERNMENT OF IRAQ. THEY WILL BE RELEASING ALL OF THIS ONFO ON FRIDAY, OCTOER 15TH AT 10:00 P.M . BAGDAD TIME, WHICH WILL BE AROUND NOON TO 1:00 P.M. OUR TIME. (CENTRAL OR EASTERN TIME). EVIDENTLY THE WHOLE BASKET OF CURRENCIES WILL BE RV'D AT THE SAME TIME. ALSO, THERE ARE STILL OLD SADAM BILLS IN CIRCULATION IN IRAQ THEY WANT TO DRAW IN, SUCH AS 10,000, ETC. IT IS SAID THEY WILL CLIP TWO OR THREE ZEROES AND THEY CAN BE SPENT BY THE POPULATION AND THEN WILL BE RETIRED. THEY WANT TO TIE ALL OF THIS IN AT THE SAME TIME. THE ONLY THING NO ONE CAN CONFIRM IS THE RATE OF THE RV.
THE FEELING IS THAT IT WILL BE ANYWHERE FROM $ 3.50 TO $ 4.50 AND BE A CONTROLLED FLOAT AND THAT THE RATE SHOULD STAY AT OR AROUND WHATEVER IT COMES IN AT.
DINAR BANKER WAS ON THE "GET TEAM CALL" LAST NIGHT AND HE SAID EXACTLY THE SAME THING. SO, I GUESS, FOLKS ARE PRETTY MUCH IN AGREEMENT ON THAT.
ONE ARTICLE SHOWS SOME OF OUR CONGRESS WITTING DOWN WITH MALIKI DISCUSSING THE SITUATION. OF COURSE, IT MAY BE THAT OUR OWN CONGRESSMEN DO NOT EVEN KNOW WHAT EXACTLY IS HAPPENING.
SO, EVEN THOUGH I WON'T POST WHAT HAS BEEN EMAILED TO ME, I WILL POST HERE WHAT IS ON THE DINAR VETS FORUM AND ONLY THAT WHICH HAS BEEN CONFIRMED TO ME BY BILL IN CALIFORNIA AS BEING CORRECT.
Maliki: government is formed on the basis of better sound formed
Maliki: government is formed on the basis of better sound formed quickly
Bar News | 11-10-2010
Baghdad / Orr News
Prime Minister Nuri al-Maliki that the formation of a new Iraqi government on the basis of incorrect "better" than that done quickly.
This came during a meeting with a delegation from al-Maliki and the U.S. Congress and U.S. Ambassador James Jeffrey, in Baghdad, according to a statement by the prime minister had received a copy of it.
The statement said that al-Maliki met in his office official in Baghdad, and a delegation from the U.S. Congress and Ambassador Jeffrey, and told him that its direction is that "the government is all-inclusive, because we want a government of national partnership, and this is where the difficulties," adding "it is important that the government is formed on the basis of better sound that is done quickly. "
Maliki said: "We have come a way to go well in the way of forming the government, which is important not for Iraq alone but for the whole region, is required today is to form a government of national partnership that includes all components", hoping to end, "it soon and go to the House of Representatives."
And witness the Iraqi political arena differences since the results of parliamentary elections that took place in March last, reached fever pitch among the top two coalitions, the Iraqi and the rule of law on the eligibility of any of them in the formation of the government.
Maliki said, "We are now at the end of the journey and we will have a strong government, and the Government of the partnership will be reflected on the Parliament in a positive, because the previous parliament was not successful in completing its work in full, and components that will participate in the government are the same that will be in parliament and will support it."
And the prime minister that "the Iraqis no matter how they differ must agree, and must be partners."
He renewed his call for U.S. companies to "contribute to the process of building and construction and investment and provide support and expertise to the laboratories of the local factories."
For their part, new members of the delegation, "U.S. support for efforts to form a government of national partnership involving all parties And to stand by Iraq to maintain security and stability and develop its economy, and to contribute to American companies in the process of building and construction investment and a significant contribution. "
http://translate.goo...N63J7Su0n2OKK4g
Read more: http://dinarvets.com/forums/index.php?/topic/35886-maliki-government-is-formed-on-the-basis-of-better-sound-formed-quickly/page__pid__221399__st__0entry221399#ixzz124mMb4cd
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Posted Today, 04:51 AM
link
Voice of Iraq) - - October 11, 2010 - The Central Bank launched in early 2007, to develop a strategic project located under the title of the reform of management system of the Iraqi currency on the recommendation of the Supreme Economic Committee of the Council of Ministers with the support of the Iraqi Ministry of Finance. ????? ??????? ?? ??????? ?????? ?????? ???????? ????? ??? ???? ?? ?????? ???????. The project speaks for gradual substitution of the Iraqi currency with another is lower than in the nominal value. ???????? ?? ???? ???? ?????? "?????? ????" ??? ???? ????????? ???? ?????? 15 ?????? 2010 ?????? ??????? ????? ?????? ????? ??? ??????? ?????? ???????? ??? ???????? ???????. From here, presents the program "as of tomorrow" on Alsumaria afternoon, Friday, October 15, 2010 at ten pm Baghdad time this topic to see its repercussions on the Iraqi economy.
?????? ??? ????? ???????? ???? ??? ?? ????? ????? ????? ?? ???? ??????. Contagious and will discuss the program with guests Ahmed Hassan several themes in the context of the loop. ??? ??????? ?????????? ????? ?????? ??? ???????? ??? ??????? Does the economic climate well suited to the order of these changes on the currency? ??? ???? ??? ??????? ???? ??? ??? ???? ???????? ?? ????? ????????? The effects of deletion of zeros, including whether this is causing unrest in the Iraqi market?
?? ??? ????? ????? ?????? ??????? ?? ??? ??????? ?????? ???? ????????? ??????? ???? ????? ??? ??????? ??? ??? ??????? ??????? ???????? ??? ????? ??????? ?????? ??? ???????. Meanwhile, the guests discuss the possibility of bit of this project to reform the Iraqi system of payments and the impact of deletion of zeros on the stock market as well as to the descent completed the process of deletion of zeros.
??? ????? ????? ??? ??????? ??? ?????? ???????? ???? ??? ??????? ?????????? ???? ????? ??? ??? ???????? Is a delete operation will add zeros to the value of purchasing something and economic gains that will come out in this project? ???????? ??? ?????? ???? ???? ???? ?????? ?????? ????? ????????. In addition to details of other more accurate timing of the work related to the project.
??????? "?????? ????" ?? ?????? ??????? ?????? ????? ??????? ??????? ???? ???? ????????? ??????????? ???? ?????? ????? ?????? ???????? ??? ?????? ????????? ???? ?????? ??????? ???? ???? ??????? ????? ????? ?? ???? ????? ???? ??????? ??????? ???? ??? ????????? ??????? ???? ????????. Hosts "on tomorrow" in the next episode adviser to the CBI the appearance of Mohammed and two economists as Antoine Majid picture in addition to the economic expert Faili spokesman Thaer Investment Authority, Baghdad, as well as the President of the Federation of Iraqi businessmen and investors willing Reza industrial fixed Baldawi.
????? ???? ??? "?????? ????" ??? ??????? ???? ???? ?????? "??? ???????" ?? ?????? ???????? ???? ?????? 15 ?????? 2010 ?????? ??????? ????? ?????? ?????? ???????? ???? ????? ?????? ??????? ??? ??? ???? ????????? ?????? ???????? ????????. Full-time working group "on tomorrow" this week to put the episode titled "Delete zeros" of the Iraqi currency pm Friday, October 15, 2010 at ten pm Baghdad time, and run-off on Sunday morning at ten o'clock on Alsumaria, Iraqi Satellite TV Network.
-?????- - END -
Read more: http://dinarvets.com/forums/index.php?/topic/35801-voice-of-iraq-10112010/page__pid__220868__st__0entry220868#ixzz124pXA3lQ
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
I AM POSTING THIS ONE AND I HAVE EDITED OUT THE NAMES AS REQUESTED BEFORE EMAILING IT TO ANYONE AS THEY DO NOT WANT TO GET KICKED OUT OF THE FORUM. i WILL SAY THAT THIS IS ONE OF THE EMAILS I GOT FROM BILL IN CALIFORNIA, SO THEY CONFIRM EACH OTHER.
I am going to ask that you don't send this out to anyone just yet. You can send out an email that you heard the RV has happened and even say it came from but please leave my name out of it. I for sure do not want to get banned from the new site!!! Let us pray this is true!!!
Oct 10 9:09 Well...I have the proud honor to announce to everyone in the room...at 3:00 AM phoneix time...the Gov't of Iraq was announced and his Emmence the official Prime Minister Maliki announced and declared the REVALUATION of the Iraqi Dinar...the gov't is official seated and the world has the RV..
Oct 10 9:09 wow!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Oct 10 9:09 where
Oct 10 9:09 AM............WOW.........What........you kidding!!!!
Oct 10 9:09 AM can i go to the bank?
Oct 10 9:10 AM [Great news thanks...
Oct 10 9:10 AM wait im already there lol
Oct 10 9:10 AM tomorrow according to what we were told
Oct 10 9:10] are you serious
Oct 10 9:10 AM [slleeping out side of bank like it was a rock concert
Oct 10 9:11 AM banks closes Monday. Holiday
Oct 10 9:11 AM Mr. Green asked me to tell everyone who has worked in front of the scenes and behind the scenes a most appreciated thank you from him/her and their teams a well earned thank you....job well done
Oct 10 9:11 AM [when will we see/
Oct 10 9:11 AM I hope it is not a B of A...they don't open until Tuesday! lol
Oct 10 9:11 AM and I am proud and honored to be one of the recepients of your info!
Oct 10 9:11 AM see which...gov't or able to go to the bank?
Oct 10 9:12 AM both
Oct 10 9:12 AM Mr. Green conveyed to me tomorrow Monday...but with many of our banks closed not till Tues
Oct 10 9:12 AM crank7 Chase and Wells Fargo are open in Phoenix tomorrow. B of A is closed.
Oct 10 9:12 AM [you need to guide us on what and when we will see here.
Oct 10 9:12 AM [The article press release is all ready out there
Oct 10 9:13 AM I am getting my RV gassed up and tires filled to hopefully go see Ali this week!!!
Oct 10 9:13 AM really....I'll check w/ Chase. Thanks!
Oct 10 9:13 AM do not put a whole lot of emphasis on the american media outlets
Oct 10 9:13 AM do you have a link yet
Oct 10 9:13 AM there is nothing new with Ali's site.
Oct 10 9:14 important to keep a vigilant eye on www.dinartrade.com as Ali will post it and open up his phones for appointments
Oct 10 9:15 AM I am not sure it has hit all the financial systems yet. I believe got a call of the announcement actually in Iraq .
Oct 10 9:16 the call i recieved was directly from Baghdad within 5 mins of the occuraNCE
Oct 10 9:16 AM so markets will show value change Monday and Ali will also
Oct 10 9:16 AM that is my understanding
Oct 10 9:16 AM has the cbi changed there site yet
Oct 10 9:16 do not know that timsters
Oct 10 9:17 AM [i looked 30min ago and no
Oct 10 9:17 AM Twice I came to this site just in time for you to post info about a green call - I know that God guided me, through Highlander, to be a part of this site! Why do user names jump in while I'm typing?
Oct 10 9:17 AM I am sure it will take them a few hours to get their stories together and published to the world.
Oct 10 9:18 AM thanks for the heads up about this place
Oct 10 9:19 you will have to ask highlander on that one puregold...i have found in the course of my life the 'Divine' always has me arrive at where I am too be, when I am to be there...trust and obey there is no other way, for me anyway
Oct 10 9:19 AM do you know the rate?
Oct 10 9:19 AM Thanks for the new site, I'm glad to see it.
Read more: http://dinarvets.com...0#ixzz123kUZReY
Read more: http://dinarvets.com/forums/index.php?/topic/35829-tiac-chat-and-its-origin/page__pid__221099__st__0entry221099#ixzz124uvx737
SO, ACCORDING TO THIS, BE READY FRIDAY AFTERNOON TO HEAD TO THE BANK OR CALL ALI AND MAKE YOUR APPOINTMENT OR WHATEVER YOUR PLAN ITS.
ART HARRISON
As of tomorrow displays the file “to delete the zeros of the Iraqi currency”
Posted: October 11, 2010 by Justhopin in Iraqi Dinar/Politics
Tags: Iraq, Dinar, Revaluation, IQD, CBI, revalue, middle east, Baghdad, Central bank, Warfare and Conflict, Business and Economy, Financial services, Ahmed Hassan
0
(Voice of Iraq) October 11, 2010 – The Central Bank launched in early 2007, to develop a strategic project located under the title of the reform of management system of the Iraqi currency on the recommendation of the Supreme Economic Committee of the Council of Ministers with the support of the Iraqi Ministry of Finance. … The project speaks for gradual substitution of the Iraqi currency with another is lower than in the nominal value. .. From here, presents the program “as of tomorrow” on Alsumaria afternoon, Friday, October 15, 2010 at ten pm Baghdad time this topic to see its repercussions on the Iraqi economy.
Contagious and will discuss the program with guests Ahmed Hassan several themes in the context of the loop. ..Does the economic climate well suited to the order of these changes on the currency? The effects of deletion of zeros, including whether this is causing unrest in the Iraqi market?
Meanwhile, the guests discuss the possibility of bit of this project to reform the Iraqi system of payments and the impact of deletion of zeros on the stock market as well as to the descent completed the process of deletion of zeros.
Is a delete operation will add zeros to the value of purchasing something and economic gains that will come out in this project? .. In addition to details of other more accurate timing of the work related to the project.
Hosts “on tomorrow” in the next episode adviser to the CBI the appearance of Mohammed and two economists as Antoine Majid picture in addition to the economic expert Faili spokesman Thaer Investment Authority, Baghdad, as well as the President of the Federation of Iraqi businessmen and investors willing Reza industrial fixed Baldawi.
.. Full-time working group “on tomorrow” this week to put the episode titled “Delete zeros” of the Iraqi currency pm Friday, October 15, 2010 at ten pm Baghdad time, and run-off on Sunday morning at ten o’clock on Alsumaria, Iraqi Satellite TV Network.
http://translate.google.com/translate?hl=en&ie=UTF-8&sl=ar&tl=en&u=http://www.sotaliraq.com/iraq-news.php%3Fid%3D9234&prev=_t&rurl=translate.google.com&twu=1
Commentary: The translation is always a headache…but in my opinion it would appear that Alsumaria TV will host a show titled”As of Tomorrow” on Friday Oct 15th (10pm Baghdad time) which will debate the whole issue of dropping of the zero’s…looking at opinions offered by different economist. Should be interesting to say the least…
Perhaps this television program will shed some light on the CBI’s intentions, exchange rates, etc. Plus inform the Iraqi public of what is to come of their currency. Something to watch for sure if your a Dinar investor.
Wayne it is feeling good.
Sunni-backed Bloc Bending On Iraqi Premiership
Iraq's Sunni-backed Alliance Indicates Willingness To Compromise
(AP)
(AP) BAGHDAD (AP) - The Sunni-backed political coalition that narrowly won the most votes in Iraq's parliamentary election appeared Sunday to be giving up its demand for the premiership, boosting the Shiite prime minister's drive to keep his job.
The stunning turnabout is sure to inflame Iraq's minority Sunnis, whose crucial support helped the secular Iraqiya movement edge ahead of Prime Minister Nouri al-Maliki's political coalition in the March 7 parliamentary election. U.S. diplomats worry that if the Sunnis feel sidelined by backroom dealmaking over the formation of a new government, it could spark unrest.
A key Iraqiya leader said Sunday the party is no longer insisting on receiving the top job as long as it gets an equal share of power in Iraq's government. It marks the strongest concession to date by Iraqiya, and could break the seven-month political impasse that has stymied Iraq from seating a new government.
"We have reached a position that we don't care anymore about posts," said Sheik Adnan al-Danbous, a Shiite who is close to Iraqiya chief Ayad Allawi. "Posts are not as important to us as having participation in decision-making."
Al-Danbous said Iraqiya could live with al-Maliki keeping his job - so long as the party gets other plum positions, like the presidency or parliament speaker.
"We don't mind if al-Maliki is the prime minister, but we have to have a decision-making post," al-Danbous told The Associated Press.
Marginalized in Iraq's power circles after Saddam Hussein's ouster and after boycotting the first round of elections in 2005, Sunnis joined with Iraqiya this year in hopes of regaining political strength and credibility. Sunnis make up the majority of Iraqiya, which is widely recognized as the largest and most influential nonreligious political alliance.
The party's leader, former Prime Minister Allawi is a Shiite.
Sunday's comments marked a surprising change of course for Iraqiya, which after the election appeared poised to lead Iraq away from hard-line religious politics and toward a more secular government.
Iraqiya won two more parliamentary seats than al-Maliki's bloc in the March vote, but neither won enough seats to control parliament outright, touching off a scramble to rally support from other political parties that has dragged on for more than seven months.
Al-Maliki also got a boost last month by forging an alliance with anti-American Shiite cleric Muqtada al-Sadr that all but sealed the prime minister's hold on his job.
That, too, prompted an outcry from Sunnis, some of whom predicted the end of democracy in Iraq if al-Maliki remains in power.
Separately Sunday, two small Sunni political groups joined forces in hopes of wielding some influence in the ongoing power struggle. Though their new Iraqi Centrist Alliance only holds a combined 10 seats in parliament, its merger likely signals Sunni frustration with being left out of negotiations.
The new Sunni alliance will "include all political parties and all social components will be represented without neglecting anyone," lawmaker Salim Abdullah al-Jibouri said.
Al-Danbous, or Iraqiya, said the negotiating was far from over,
WayneC777 - I do not believe this ... STAY ON YOUR TOES
however, noting that it is still not clear what top role Iraqiya might get as part of the deal - especially since al-Maliki has all but promised Kurdish parties that they will keep the presidency post.
It still could take months - until early 2011 - before a government is formed, al-Danbous said.
All U.S. military troops are set to leave Iraq by the end of 2011.
Meanwhile, Iraqi authorities said they broke up a Baghdad cell of the Islamic State of Iraq, an umbrella group for Sunni insurgents that is linked to al-Qaida in Iraq, and charged at least two of its members with orchestrating a series of bombings on foreign embassies in the capital.
Military spokesman Maj. Gen. Qassim al-Moussawi said the cell also coordinated a July bombing against the offices of Arabic-language news channel Al-Arabiya that killed six people, and another at an AsiaCell mobile telephone store last month.
Al-Moussawi showed videotaped confessions of two of the men, and said they led authorities to at least four other terror suspects. One of the men, identified as Sinan Abid Humod al-Janabi, described himself as an operative for the terror network's car-bombing sector in western Baghdad.
Associated Press writer Lara Jakes contributed to this report.
http://www.cbsnews.com/stories/2010/10/10/ap/middleeast/main6944212.shtml
___
Yes and DAY's it is ...
* Phoenix Update 10/10/10
October 10th, 2010 12:40 pm
Phoenix Update, 10-10-10
Seven years.
Seven years ago on Wednesday October the 15th 2003 the new Iraqi Dinar
was introduced to the world.
Seven years ago speculation on the future of the new Iraqi Dinar and
the future of it’s exchange rate was launched.
Seven years ago marked the beginning of the awakening of the mighty giant…mighty Babylon sleeping like a giant by the Euphrates River.
And now…the Giant stirs.
Speculation…..rumor….whispers an innuendo ….flow like wine into the cup of thirsty, parched speculators….cups which seem to never fill but remain always wanting, receptive and open for more…… always thirsting for just one more drop of information…be it fact or fiction…rumor or rant….all is accepted and some rejected but the unending thirst for information remains unquenchable.
7 years.
How much longer? Years? Months? Weeks?
How about…days?
Situation: We are now at the point where all of the political posturing is complete and this past week saw many very important meetings take place world wide.
And the interesting thing on all of these meetings is the lack of information being released and the vague if not blatant elusiveness being presented to the public on the final outcome and decisions which will very soon impact us all.
We saw the Arab League meeting in Syria:
http://articlesofint…ound-world.html
We also saw the IMF and World Bank meeting:
http://articlesofint…to-resolve.html
And the G7:
http://articlesofint…es-finance.html
The activity of all global economic institutions is unprecedented….and the world is sure to see the results of this intense labor soon enough and the fruits of the seeds planted by the world leaders in the meetings and agreements that have lead up to the Global Realignment Of Currencies:
http://articlesofint…alignments.html
So…the question of the day after 7 long years remains….
“Are we there yet”?
Answer: YES!
I speculate that we may see the final formation of the new Government of Iraq led by Prime Minister Maliki to be announced and seated as soon as this Wednesday the 13th with a high degree of probability of the actual seating of the Iraqi Parliament on Thursday the 14th. and an outside default date of the seating of government on Sunday the 17th.
But again this is just my speculation based upon all current events.
Next question….so how soon after the seating of the Government of Iraq will we see the announcement from the CBI about the Iraqi Dinar changes?
Answer: Very soon after. Time is running out for the CBI to have the change completed by the end of 2010…so time is an issue and an issue that bodes well for all investors of the Iraqi Dinar….for the ever ticking clock runs out on the Central Bank of Iraq as the the end of the year draws nearer by the day.
Again….”Are we there yet?”
After 7 years….the answer is finally….YES!
Please be advised…..the “Novel Event”…..is pending and will be launched at any time after the seating of the Government of Iraq.
“Novel Event” coming up!~
Stand by!
The best of luck to all.
Phoenix
This is a Think Tank and Research and development Board, for those that want to seek truth about investments, lets make some money
Central Bank Of Iraq: ... http://www.cbi.iq/
- XE.com (Currency conversion) ...... http://www.xe.com/ucc/ ...... http://www.xe.com/currencycharts/?from=IQD&to=USD&view=1D
- BAGHDAD Time ...... http://www.timeanddate.com/worldclock/city.html?n=27
- UN Meeting Site Page: ...... http://www.un.org/media/accreditatio ... mediaalert.asp
- UN Web Cast: ...... http://www.un.org/webcast/2010.html
<iframe src=" frameborder="0" width="82" height="18"></iframe>
- Iraqi Oil Photos - http://media.ft.com/cms/88df8636-0395-11dc-a931-000b5df10621.swf
- Up to the Minute RATES click here ...... http://www.gocurrency.com/
Inside Iraq - The media's role in Iraq's election. http://www.youtube.com/watch?v=m1Or6-KtIF0
THE IRAQ DINAR
The real Iraq Economy
http://www.cnbc.com/id/15840232?video=156657336&play=1
JUNE 15 … There is a rule, if they are going to LOP they need to PR it six months before it happens. June 15 is six months before December 31 2010.
This is WayneC777, If yo have more "ONLY SOLID POINTS" that can go in here ... LET ME KNOW
NEWS ARTICLES, Catagorized - IRAQ:
Iraq's - Debt Forgiveness : http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49250302
Iraq's - Oil, Gas News: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49250183
Iraq's - Banking News: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35943708
Iraq's - Inflation, Economy: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35943784
Iraq's - Political Elections: http://www.iraqdirectory.com/DisplayNews.aspx?id=12698
Iraq's - Positive Stories: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49249436
Iraq's - Security Council Report: http://www.securitycouncilreport.org/site/c.glKWLeMTIsG/b.6115649/k.8807/July_2010brIraq.htm
Iraq's - Negative Articles, Fraud Cases: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=34465158
Iraq's - Air Ports: http://www.airiraqco.com/index.htm
Iraq's - Utilities, Power and Water: http://www.reuters.com/article/marketsNews/idUSL524628320090105
Iraq's - Posts to remember: http://en.aswataliraq.info/
These links below are from another board. They will be soon posted from this board. But They all share same info.
US Banks that will exchange Iraq's Dinar
- Chase Bank - Bank of America - TD Bank - HSBC - CITI Bank - Wells Fargo (selected branches) - Compass Bank - 5/3rd Bank - Regions
Conferance Calls:
- http://dinarspeculation.com/2010/04/30/4-29-10-rv-intel-conference-call/
How to check exchange rate
- http://www.cbi.iq/index.php?pid=CurrencyAuctions
- http://www.xe.com/ucc/
- http://www.ameinfo.com/currency
- http://www.ameinfo.com/cgi-bin/cms/page.cgi
- You own local Bank representative
Iraq Dinar Possative Video's
- CNBC ................................................ http://www.youtube.com/watch?v=0m6E76f__20&feature=related
- CNBC ................................................ http://www.youtube.com/watch?v=fHnpSVRTCFI&feature=related
- CNBC Cramer .................................. http://www.youtube.com/watch?v=Eg98H_LYk5Q&feature=related
- CNBC Dinar Trade ..................... http://www.youtube.com/watch?v=kvKrqeOf9oc&feature=related
- www.JackDeangelisShow.com ........ http://www.youtube.com/watch?v=CWqtZjx1Lk0&feature=player_embedded
- ........................................................................................................................... http://www.youtube.com/watch?v=cEE3ac1i0EI&feature=related
- ........................................................................................... http://www.youtube.com/watch?v=xFa-VGI3APc&feature=related style="font-size: medium">
- ........................................................................................... http://www.youtube.com/watch?v=08wzRAj9KMs&feature=related style="font-size: medium">
- ........................................................................................... http://www.youtube.com/watch?v=1UicRAmO29A&feature=related
- UV Light Test ...................................................................... http://www.youtube.com/watch?v=--RA_6DiyVY&feature=related
- 5%, 70.................................................................................................................. http://www.youtube.com/watch?v=F-QA2rkpBSY&feature=related
- Embasitor Charles Reese, Economic Development in Iraq ................... http://www.youtube.com/watch?v=x9ZloxxC-ac&feature=player_embedded#!
- The War in Iraq and the American Economy ............................................... http://www.youtube.com/watch?v=FdsymLhCDbE&feature=related
- Jordan Questions Henry Paulson ............................................. http://www.youtube.com/watch?v=XlQeTFfdaPM&feature=related
- Hillary Rodham Clinton and Minister Hoshyar Zebari .......... http://link.brightcove.com/services/player/bcpid1705667530?bctid=111866364001
United States Department of State
http://www.state.gov/p/nea/rls/rpt/c34687.htm
Tax Links:
- http://www.moneychimp.com/features/capgain.htm
- http://www.moneychimp.com/features/capgain.htm
- http://en.wikipedia.org/wiki/Capital_gains_tax_in_the_United_States
- http://www.investopedia.com/articles/pf/07/capitalgains.asp?viewed=1
Iraq News:
< < < IRAQ'S NEWS SCOURSES: > > >
http://www.imf.org/external/country/IRQ/index.htm
http://iraq.usembassy.gov/iraq/20070214_iraqi_budget.html
http://www.imf.org/external/country/IRQ/index.htm
BANKING: http://en.wikipedia.org/wiki/Money_supply
Central Bank of Iraq: http://www.cbi.iq/index2.htm Exchange Rate: http://www.cbi.iq/index2.htm
New Iraq Currency: http://NewIraqCurrency.com
Iraq Stock Exchange / Daily Bulletin Sunday 7 September 2008: http://www.isx-iq.net/page/english/bulletins/day/2008/9/7-9-e.htm
Offshore Banking:
Currency Iraq's Dinar Venders:
The New Iraqi Dinar banknotes, printed by De La Rue, boast of the most up-to-date anti-counterfeit features, including watermarks, an embedded metallic strip, raised letters, an optical variable ink that can be seen only under ultra violet light, metallic ink and other variations to thwart off counterfeiters. In addition, it has high-quality paper that makes the colorful Dinar very hard to counterfeit. And of course there are other security features that have not been disclosed by the Iraqi Ministry of Finance.
Three of the easiest ways to verify the authenticity of the new Iraqi Dinar are:
1) Use black light to test for watermarks such as the horse head.
2) Use a special pen to detect fake bills with changing color - available from your local office supply store.
3) Hold the 25,000 and 10,000 Iraqi Dinar up to a light tilting it back and forth, the color changing ink will look much like a hologram.
Q. What is it that allows American citizens to invest in Iraq?
A. Presidential Order 13303: Allows US Citizens to invest in the new Iraq. Under this order and the Coalition Provisional Government Order 39, a US Citizen has the same rights to investments as an Iraqi citizen.
Notes:
Iraqi Oil Photos:
http://media.ft.com/cms/88df8636-0395-11dc-a931-000b5df10621.swf
ISX hot links
http://www.investorshub.com/boards/read_msg.asp?message_id=15860234
When the Dinar first came out in 2003 it was 4000 Dinar to $1 (American). Since then it has increased to 1290 Dinar to $1 (American) even during all the conflict and destruction to the oil refineries.
Here are some keynotes about this unique opportunity:
Prior to the Gulf War, 1 million Iraqi Dinar = US $3,200,000.(1 DINAR=$3.20 to 1 American dollar)
Now you can buy 1 million Iraqi Dinar for only US $760.
Iraq is the second leading oil producing country in the world,
and since October, 2003 the Iraqi Dinar has already appreciated 25%.
Forecasters are predicting continued appreciation of the Iraqi Dinar.
You invest $760 to purchase 1 million Iraqi Dinar.
Profit of $9,240 if the Iraqi Dinar appreciates to 1 Iraqi Dinar = 1 penny.
1 million Iraqi Dinar will = US $10,000.
Profit of $3,199,240 if the Iraqi Dinar appreciates to the pre-Gulf War rates.
1 million Iraqi Dinar will = US $3,200,000.
Kuwait Example:
Prior to Saddam Hussein Invading Kuwait: 1M Dinar = US $2,790,000
After the Kuwait invasion by Iraq: 1M Dinar = US $100,000
Today 1M Dinar = US $3,423,000*
*That's a 34-fold increase
On 11/12/06 the Kuwait Dinar is worth $3.84
Potential Value increase of a 1 Million Iraqi Dinar holding if the value of Iraqi Dinar increases to:
The resulting value of your 1,000,000 Dinar would be:
$0.01=$10,000
$0.10=$100,000
$0.20=$200,000
$0.50=$500,000
$1.00=$1,000,000
History of Iraqi Dinar and Iraq Dinar Stock Exchange
1932 Currency unit consisting of 1,000 fils or 20 dirhams. When officially introduced at the end of the British mandate (1932), the Iraqi dinar was equal to, and was linked to, the British pound sterling, which at that time was equal to US$4.86.
1932–1949
1949–1971 Iraqi dinar (ID) equaled US$4.86 between 1932 and 1949 and after devaluation in 1949, equaled US$2.80 between 1949 and 1971.
1959–1967 Iraq officially uncoupled the Iraqi Dinar from the pound sterling as a gesture of independence in 1959, but the Iraqi dinar remained at parity with the pound until the British unit of currency was again devalued in 1967.
1971 One Iraqi dinar remained equal to US$2.80 until December 1971, when major realignments of world currencies began.
1973 Upon the devaluation of the United States dollar in 1973, the Iraqi Dinar appreciated to US$3.39.
1980 It remained at this level until the outbreak of the Iran-Iraq War in 1980.
1982 In 1982 Iraq devalued the dinar by 5 percent, to a value equal to US$3.22, and sustained this official exchange rate without additional devaluation despite mounting debt.
1988 In early 1988, the official dinar-dollar exchange rate was still Iraqi dinar (ID)1 to US$3.22; however, with estimates of the nation’s inflation rate ranging from 25 percent to 50 percent per year in 1985 and 1986, the dinar’s real transaction value, or black market exchange rate, was far lower-only about half the 1986 official rate.
1986–2003 1986–2003 between .33 cents to 1.32 to a dollar.
2001 Oil-production: 2.452 million bbl/day (2001 est.); note — production was disrupted as a result of the March-April 2003 war (2001 est.) 2002 GDP: purchasing power parity — $58 billion (2002 est.)
2002 Exports–partners:US 40.9%, Canada 8.2%, France 8.2%, Jordan 7.5%, Netherlands 6.4%, Italy 5.4%, Morocco 4.7%, Spain 4.4% (2002)
2003 In october 2003, the official Dinar-dollar exchange rate was ID1 to US$0.00027.
2004–2005 August 2004 till 2005, the official dinar-dollar exchange rate is ID1 to US$0.00068. Population: 25,374,691 (July 2004 est.) 2006 As of Jan 1st 2006, the official Iraqi dinar-US dollar exchange rate is ID1 to US$$0.00067.
Positive Changes in Iraq
Upon Saddam Hussein’s deposition in 2003, Iraq has undergone political and economic changes. Many believe that the re-building of Iraq’s infrastructure will stabilize Iraq socially, politically, and economically. With the new government establishing a new monetary system that encourages foreign investment, and the central bank of Iraq awarding foreign licences, many also believe that the value of the new Iraqi Dinar banknote is poised to escalate.
More Treasury Bills on the Way
The government of Iraq will issue more Treasury bills to the secondary market. For the first time in years, the central bank auctioned Treasury bills in July. Thus far, local banks have bought 900 billion Iraqi dinars ($628 million) worth of three-month bills with coupons ranging between 2.5 percent and 6.8 percent. To improve Iraq’s local currency, the dinar against the dollar, Iraq’s central bank also plans to build up its foreign-currency reserves.
Creating viable domestic capital markets will start the process of trimming the massive pre-war debt. Iraq’s path to debt reduction along with the generosity of the Paris Club by forgiving 80% of Iraq’s debt is good news for the Iraqi economy. Iraq’s growth-oriented policy, along with Iraq’s prospects of economic stability makes investing in the dinar potentially lucrative.
The Central Bank of Iraq
For the first time in decades, the central bank of Iraq awarded foreign bank licences to the following banks: HSBC, Standard Chartered, National Bank of Kuwait, Iranian National Bank, Commercial Housing bank, and Bahraini Arab Banking Institute. The Bahraini Arab Banking Institute is listed on the Bahrain, Kuwait, and Paris stock exchanges, and its major shareholders include the Kuwait Investment Authority, the central bank of Libya, and the Abu Dhabi Investment Authority. Granting foreign licences and liberalizing interest rates will create a vibrant free-market economy. Iraq’s re-invigorated banking policies will positively effect the value of the dinar in the near future.
The Potential of the Dinar
Prior to United Nations sanctions, the Iraqi dinar traded at 3.35 per U.S. dollar, and prior to the war in Iraq, the Iraqi dinar traded at .33 U.S. Dollars. During major combat operations, the Iraqi dinar declined to an all time low. However, after major combat operations, the value of the dinar increased 25%. Countries such as Germany (post WWII) and Kuwait (post Iraqi invasion) experienced a similar devaluation of their currency, but both countries recovered. Today, the dinar has increased from 3,500 against the dollar during the U.S. led invasion last year to 1,400 against the U.S. dollar. Imagine the growth potential of the Iraqi dinar once Iraq recovers and begins to enjoy the potential revenue of a country rich in oil and other natural resources.
The New Iraqi Dinar Banknote
Today, De La Rue, the world’s largest commercial security printer and papermaker based in Great Britian, prints the new Iraqi dinar banknote. The new Iraqi dinar banknote has various security features making the dinar very difficult to counterfiet, and the dinar banknote is now available in 50, 250, 1000, 5000, 10000, and 25000 bills. With the re-building of Iraq’s infrastructure and with the prospect of stability at hand, the Iraqi dinar is quickly becoming a very attractive investment opportunity.
_________________________________________
Here is a list of acronyms that are commonly used in Iraq.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=27652141
Currency Transaction Report
http://msb.gov/pdf/fin104_ctr.pdf
Understanding Currency Terms (M0, M1, M2, M3 etc.)
http://en.wikipedia.org/wiki/Money_supply
Do yourself a favor, watch this video;
http://video.google.com/videoplay?docid=3340274697167011147&q=lindsey+williams&total=806&start=0&num=10&so=0&type=search&plindex=0
==========================================================================
1) Spam of any kind will not be tolerated
2) There will be times when posters are not in agreement, that is healthy, but please no personal attacks.
3) Volume is the blood in a stock's veins, so I typically prefer stocks with historical volume, otherwise there is little liquidity for selling the stock if need be.
4) As always, do your due diligence, and remember that there is high risk when Investing. Never trade with money that you cannot afford to lose.
5) If the post is Off Topic, please post with OT prefacing the post.
If you dod not hold yourself and others accountable, then your professional attitude suffers ... Although we want to have some fun along the way, We look to make you appart of this professional board.
======================================================================
Fact >>> The CBI Dinar valuations are not based upon the GDP or GNP.... Though it is true the Dinar is valuated presently in response to the exchange of Dollar for Dinar and visa versa....if anything the Dinar at present leans first towards the GDP....
If anyone finds Info that is not correct in this info section, I ask you to bring it the attention of one of the MODS. Remember to do your OWN DD and DO NOT take any posters word for anything they have Posted ... MAKE SURE that poster posting INFO has a link to the REAL STORY. There are people that post twisted Negative info on the Dinar Boards so you will sell your Dinars. Their adjenda is to Trick you into selling because they Know more than you.
DO YOUR OWN DD ... Take NO ONE's word for anything here ...
Reminder, This is your message board, adjustments are constantly in progress, and rules apply. Additional web-links for the IBOX are requested.
-------------------------------------------------------------------------------------------------------------------------------
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31736209
--------------------------------------------------------------------------------------------------------------------------------
LEARNING stock and Currency Trading
Free Cart: http://stockcBig Charts: http://bigcharts.marketwatch.com/
Board Central: http://www.boardcentral.com/
DD Machine: http://www.ddmachine.com/default.asp
Investopedia: http://www.investopedia.com/
Nasdaq Stock Market: http://www.nasdaq.com/aspx/iishome.aspx?
Seeking Alpha: http://seekingalpha.com/?source=headtabs
Smallcapcenter.com: http://www.smallcapcenter.com/index.asp
Stockcharts.com: http://www.stockcharts.com
stock Fetcher: http://www.stockfetcher.com/ui2/index.php
Stockhouse Research: http://www.stockhouse.com/
WS Dividends: http://online.wsj.com/mdc/public/page/2_3022-scandiv.html?mod=topnav_2_3022
WS Stock Splits: http://hosting.briefing.com/wsj/calendars/splits.htm
StockTargets Inc.: http://www.stocktargets.com/cgi-bin/ticker.pl?command=fre
MFFAIS: http://www.mffais.com/ (all kinds of neat research data)harts.com/h-sc/ui
SEC Form Types and Definitions
http://www.gsionline.com/support/formtypes.html
5th letter suffix's
http://www.stockboss.com/stockhelp.htm
market maker information
http://www.alphatrade.com/E_Gate/tails/java/classes/resources/level2/marketMakerIDs/m.html
monthly share volume report
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=pypr&SortBy=volume&Month=9....
market screener
http://www.marketwatch.com/tools/marketsummary/screener.asp?exchange=15&view=1&lookup=Look+U....
quotetracker trading platform....free!
http://quotetracker.com/
all kinds of goodies....nasdaq.com
http://www.nasdaq.com/
short interest
type in symbol and click 'view'
http://otcbb.com/asp/OTCE_Short_Interest.asp
projection chart.....(computer generated)
but its a good one, nonetheless
http://charts3.barchart.com/procal.asp?sym=sssu
advance/decline line: nyse amex nasdaq otcbb
http://finance.yahoo.com/advances
Frankfurt listing
enter name of company under Kurssuche(search)
http://www.euwax.de/
basic 6 mos/daily technical chart
13dma, 50dma, 200dma, macd, stokes, rsi, cmf
substitute any symbol for the one listed......all the same parameters will come up
http://stockcharts.com/h-sc/ui?c=aani,uu[h,a]daclyyay[dc][pb50!b200!b13!f][vc60][iuyb20,2.0!la12,26,....
reatime sec filings
substitute any symbol for the one listed
http://www.nasdaq.com/asp/quotes_sec.asp?symbol=AOOR&selected=AOOR&page=filings
trading floor jargon
http://daytrading.about.com/cs/dictionaries/l/bl_jargon.htm
buzzwords
http://www.investopedia.com/categories/buzzwords.asp
Transfer agents of companies
change symbol under company profile to find appropriate xfr agent.....then do a simple google search to find phone number......call them and tell them you are a shareholder and would like to know the o/s and the restricted if available......subtract restricted from o/s and you will then have the tradable float, usually
http://www.pinksheets.com/quote/company_profile.jsp?symbol=ISYJ
basic computer generated scans
http://stockcharts.com/def/servlet/SC.scan
nasdaqtrader.com
lotta good stuff in here
http://www.nasdaqtrader.com/default.aspx
Nobo List News
http://product.inlumen.com/bin/headlines?headlines-template=headlines2&Query=nobo&SearchOpti
Charting source where you can find even stocks which are not available at stockcharts.com
http://www.profitspi.com/
Detailed short infos
http://www.shortsqueeze.com/
Most discussed stocks in Germany
http://www.wallstreet-online.de/aktien/statistik/topboard.html
Stock Technical Analysis
http://www.stockta.com/cgi-bin/analysis.pl?symb=MSFT&num1=1&cobrand=windchart&mode=stock
American Bulls sometimes a useful tool for rookies
http://www.americanbulls.com/
Top Stock Picks From The Stock Boards
http://www.thehotpennystocks.com/Stock-Board-Picks/
Corporate records search...
http://www.coordinatedlegal.com/SecretaryOfState.html
public records search
http://www.searchsystems.net/
domain search
http://www.whois.sc/
website traffic info
http://www.trafficestimate.com/results.asp
reverse split repeat offenders...know before you buy
http://www.investorshub.com/boards/board.asp?board_id=3017
tips on trading the gap
http://www.rightline.net/education/gaptradingtips.html
terms for beginners...just use the 'search' feature
http://www.investopedia.com/university/beginner/
L2 15 min delayed here
http://allstocks.com/html/free_level_2_pink_sheet_stock_.html
For some stocks like RSHN even L2 realtime for free
http://www.pinksheets.com/quote/quote.jsp?symbol=rshn
Insider transactions......substitue appropriate symbol
http://finance.yahoo.com/q/it?s=FNSR
technical terms: link
http://www.investopedia.com/categories/technicalanalysis.asp
S.E.C red flags as provided by stock lobster
http://www.investorshub.com/boards/read_msg.asp?message_id=15005585
20 Safety Tips for Penny Players as provided by stock lobster
http://www.investorshub.com/boards/read_msg.asp?message_id=15003669
________________________________________________________________
Technical Analysis Chart Lessons
Stock Analyzer, 4God and ajcmstocks Chart lessons
1. Moving Averages
2. Moving Averages 2
3. MACD indicator
4. Williams %R indicator
5. RSI indicator
6. ADX/DMI indicators
7. Aroon indicator
8. Finding Resistance
9. Finding Support
10. Stock_Analyzers Entry and Exit strategy
11. What is a cup and handle:
12. Parabolic SAR by 4Godnwv
13. Moving Averages by 4Godnwv
14. Bollinger Bands by 4Godnwv:
15. The ART of SELLING ON THE ASK by Stock_Analyzer:
16. Support & Resistance Levels http://investorshub.advfn.com/boards/read_msg.asp?message_id=21996923
17. Drawing Trendlines http://investorshub.advfn.com/boards/read_msg.asp?message_id=21998432
18. Positive Divergences http://investorshub.advfn.com/boards/read_msg.asp?message_id=21992114
19. Trendline Break + 50% Hold http://investorshub.advfn.com/boards/read_msg.asp?message_id=21962845
4God's Lessons on Market Sentiment
Lesson 1 Emotion http://investorshub.advfn.com/boards/read_msg.asp?message_id=21929364
Lesson 2 Crowd Behavior http://investorshub.advfn.com/boards/read_msg.asp?message_id=21929431
Lesson 3 Volume http://investorshub.advfn.com/boards/read_msg.asp?message_id=21929462
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Chart tools:
(1) I use http://www.stockcharts.com for charting
(2) For more info on chart formations, see http://www.chartpatterns.com
(3) Chart indicator definitions http://stockcharts.com/education/IndicatorAnalysis/
(4) OTCBB volume gainers http://www.stockhouse.com/mostactives/index.asp?type=mostactives&exchange=OTCBB
(5) OTCBB biggest %gainers http://www.stockhouse.com/mostactives/index.asp?type=winners&exchange=OTCBB
(6) OTCBB biggest decliners http://www.stockhouse.com/mostactives/index.asp?type=losers&exchange=OTCBB
(7) Find out if your stock is on the SHO List http://www.buyins.net/tools/short_list.php?src=1,7,9
(8) Explore Level II here-http://www.hotstockmarket.com/forums/showthread.php?t=14938
(9) For a COMPLETE list of indicator meanings http://www.investopedia.com/categories/technicalanalysis.asp
(10) Top insider trades website: http://www.secform4.com/top-lists.htm
POST S-8 companies board http://www.investorshub.com/boards/board.asp?board_id=1605
TOXIC FILINGS boardhttp://www.investorshub.com/boards/board.asp?board_id=4318
SEC Filings:
http://www.pinksheets.com/index.jsp
http://www.edgar-online.com/
http://www.nasdaq.com/
http://knobias.tenkwizard.com/main.php
Futures:
http://quotes.ino.com/exchanges/futboard/current/
Indices:
http://www.cme.com/dta/del/globex.html
Foreign Exchange:
http://www.cme.com/trading/dta/del/product_list.html?ProductType=cur
Commodities:
http://www.cme.com/trading/dta/del/product_list.html?ProductType=com
Realtime Indices Charts (2) for World Markets:
http://www.wwfn.com/commentary/oscharts.html (note: auto-refreshes every 60 seconds)
http://www.allstocks.com/markets/World_Charts/Asian_Stock_Markets/asian_stock_markets.html (note: auto-refreshes every 5 minutes)#msg-17587817#msg-17587835#msg-17587768#msg-17587714#msg-17587680#msg-17587655#msg-17587692#msg-17587755#msg-17587741#msg-17587731#msg-18255652#msg-19208309#msg-19208263#msg-19208548#msg-20282564
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