interesting post frm another room >>> hmmmmm
Posted by: dollarsign
I've been connecting dots for a while and the following tells me we are going to be ok. I will list the source followed by the info. , you can check this for yourselves
1/19/2006 BBC News - Debt swap marks clean break for Iraq.
In a dealing room in London, bond traders are getting excited. It's not every day that bonds or debt as exotic as Iraq's come onto the market. Indeed, it's been more than 15 years since that happened.
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MY take - I stopped reading this article immediately and subtracted 15 years from the article date and got 1991, the last time a small oil rich nation had it's currency pulled from the market.
5/28/06 Reuters - Oil could top $105 dollars in a major supply outage.
Goldman Sachs projection that oil prices could top $100 a barrel could be conservative in the current tight market, said a senior executive with the investment bank.
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Three days later on 5/31/06, Henry Paulson, former Chief Executive of Goldman Sachs became U.S. Treasury Secretary. By mid June Robert Zoellick, number Two at the Department of State resigned, and took a position at Goldman Sachs. Exactly one year later, He was nominated to replace Paul Wolfowitz as head of the World Bank. Additionally, look up the bio of the president of Michigan State Univ. During a leave of absence in 2003, he worked with the Iraqi Ministry of Finance, the Central Bank, worked on the creation of the NID, and opened the banking system.
Exactly four years later, he went back to Iraq and is there now. Wonder what he's working on?
1/9/07 Wall Street Journal - General Electric confirmed it is expanding its presence in the market for oil and natrual gas services, acquiring Vetco International Ltd's Vetco Gray unit for $1.9 Billion from a group of private equity owners.
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Hmmm, a company that has spent at least half a centruy making lightbulbs, locomotives, airplane engines, and MRI machines suddenly wants to get into oil?
4/21/07 Iraq Business Directory - New findings peg Iraq's oil reserves at 200 Billion barrels. The consulting firm IHS reported that the western desert may have 100 billion barrels of oil.
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My action - who is IHS? At this point I check out their Executive Leadership just to see if any of them went to Yale, Wyoming, or had ties to Mich. State, just for grins.
Stephen Green, Senior VP, General Counsel & Secretary Yale (Bush's alma mater)
Jeffery Sission, Senior VP, Global Human Resources Michigan State (did you check out the Bio of their President earlier)
Scott Key, Senior VP, Corporate Marketing Univ. of Wyoming
you'd think a Sr. VP of Corp Marketing would have a degree in that field?NO, he has a Masters in Geophysics! (Cheney is from there isn't he?)
YOU GOTTA BE LAUGHING BY NOW!
NOW LADIES AND GENTLEMEN, see the pace of events and movement of corporate entities pick up!
5/13/2007 Middle East Oil and Gas Review - Halliburton moves its world HQ to Dubai this week. The offices will be on two floors of Al Moosa Tower on Sheikh Zayed road.
6/11/2007 Middle East Financial News - Goldman Sachs has inaugurated its new office at the Dubai International Financial Center.
6/19/2007 The Wall Street Journal - The IMF announced new rules yesterday to give clear guidance to our members on how they should run their exchange rate policies. The revised decision sends a strong message that the IMF will put exchange rate surveillance back at the core of its duties and rigorously implement rules on exchange rate surveillance going forward, Treasury Secretary Henry Paulson said.
6/25/2007 President Bush's comment on the approval of Robert B. Zoellick as President of the World Bank.
"I welcome the action by the Executive Board of the World Bank to unanimously approve Robert Zoellick as President of the World Bank."
EXACTLY 1 MONTH LATER!
7/25/2007 Reuters - Iraq's Parliment has approved a draft law that would allow foreign companies to build and operate oil refineries in the country. The law is SEPARATE from the controversial draft Hydrocarbon law.
8/12/2007 Middle East Financial News - Ernst and Young has formed Ernst and Young Corporate Finance, following the issuance of a Category four licence to the firm by Dubai Financial Services Authority.
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Hmmmm, don't they provide the final Audits for the CBI?
Finally folks (whew!) On the CBI site, I clicked on Announcements, then Examined Tender Numbers 13,14,15.
In Tender 13 they need to purchase machines that count bank notes
In Tender 14 they need machines that wrap bank notes, and
In Tender 15 they need machines that examine and detect counterfeited dollar bills. (guess they don't care about fake Euros, Yen, Yuan, Pounds...
Each of these were offered for bid THIS year. Why do you need these unless you are expecting an inflow of dollars?
What would cause such an inflow?
