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Friday, February 10, 2012

HAMMERMAN POST, 10 FEB

6:52 PM [LadyLeeLee] Hello all .. Got a phone call from Hammerman.. on the phone with him now.. here is what he has to say: "first of all friends, sorry .. not been on .. on the Wednesday of this week got a call from homeland security politely asking me to back off of the intel .. but as normal, I tend to bend the rules. I feel you all deserve to know some information that's At least half truth and not the bad intel you've all been told. I may receive another call from homeland spank my wrists but it's worth it if I can help you all anyway. not going into detail.. 4 of my top 6 sources are saying the RV will not occur prior to a meeting/convention must take place... there is no definite date on this meeting we suspect Sunday .. they have changed the date 3 times and are being very secretive. IMO IMO IMO, this rate will not occur before Tuesday. Enjoy your weekend, have fun and let's just see if the intel tends to be as accurate as it has been the last month."

SPACE COWBOY POST, 10 FEB

The Halloween Candy Dilemma!   Don't let the title scare you away ! This is a Long & Good Read !!

My siblings and I would sit on the carpet and dump our pillow cases full of Halloween candy in piles in front of us. What happened next made the Lord of The Flies kids seem gentle...

Kids trading candy is a serious event. After all, this was pretty much all there was till Easter... and that was mostly just jelly beans so we had to weigh our trade options heavily. 

I wanted Malted Milk Balls. My brothers wanted Three Musketeers, and we all tried to buy points with mom by saving her a few Snickers. Somehow dad got left out, but as a dad I can tell you he probably sneaked whatever he wanted! 

As focused as we were, it really boiled down to this: when my siblings were out of the candy I wanted... the trading was over for me. Why? 

Well its the same reason you don't go to a KIA dealer to buy a Ferrari. They won't have what you want, and no amount of trading is going to make you feel any better.

Iraq's budget discussions provide us a great deal of information. Basically, it is one of the easiest times to see what candy they have and learn what candy they want. 

But there are arguments about whether or not the figures lead to the RV rate. Look back and remember your Halloween stash and consider this:

No matter what Iraq says that they want, they really only have one kind of candy to offer. Oil. They estimate how much they can produce, and they estimate the cost per barrel. 

When all of the oil is pumped out that year, it has already been sold. When you have traded away your good candy all that is left to trade with is popcorn balls from the old couple down the street. 

They can't just say, oh this year we will produce 30% more oil and the cost will be 30% higher per barrel! The good news for them is that everyone sitting around them likes their candy... a lot! 

They can get a lot of different kinds of candy this year if they get theirs cheap (they do) and trade it high (they do). But once all the barrels of oil available this year are accounted for, Iraq is out of candy.

So Iraq... what can you get for your oil. Can you get a welfare program for the elderly? Can you get free university education for every student?

Can you get electricity in rural areas and internet and cars and televisions? Can you get someone to start ranching cattle or processing chickens? Can you get cell phones? 

Can you get someone to protect your pile of candy while you go to the bathroom? I ask this because the answers are YES.

Iraq wants everything that represents growth and opportunity and wealth. The question is, so which of these things do you choose. We can read what you want and we are all willing to trade, but what are you going to do when you are out of candy?

This is critical to understand. They can't do ANYTHING when the goods are gone. Why?

Well unlike the good old U.S.A. (and almost every other country on earth), they can't print more candy! 

When we need a little extra to keep things running smoothly we print USD. WE can budget anything. A trip to the moon if we want. Literally anything.

Poor little Iraq though needs to make sure they get what is important first, and then get as much as they can extra, because when they are out of candy they can't go to the CBI and say, "Print us some more". To not take this into account is a huge oversight. 

The reality of a fixed rate economy really does determine everything... and possibly even the RV rate. I have read two different views regarding the estimated (budgeted) oil supplies and revenue compared to the budget they are arguing about right now. 

Camp (A) says take estimates for oil value in Dinar and you will see the budget is asking for 20 trillion Dinar MORE then they estimate they can possibly get for the candy they plan on collecting this year! That means the current budget is about $17.1 Billion USD short.

Oops. Iraq needs more candy! Since Iraq can't get more candy, Camp A believes Iraq has to Revalue their currency to adjust for the amount short. OK. lets see. Iraq needs 17.1 billion USD... that means EACH Dinar ever printed MUST increase in value by $.0005698 each. 

The good part of this scenario is that it accurately accounts for REVENUE VS Expenses, which after all is what a budget does. 

Camp (A) also says that the budget shortfall of 17.1 Billion USD will be met using their reserves (Nearly 60 billion USD now). But the CBI keeps saying, "Get your own dang candy... leave mine alone! 

I don't think the CBI is going to cover the shortfall with reserves! (Furthermore, if they DO decide to use the Dinar in reserves, it just decreases the available dinar for next years budget... remember, they can't print more!) 

Somehow, in this scenario the 17.1 billion USD needed to meet the budget has to magically appear. (Don't say loans... remember they have to be repaid and we have already accounted for all 30 trillion dinar.) 

Camp (B) says there is a 115 Trillion Dinar budget and currently they have only printed 30 Trillion Dinar. They are going to have to come up with 90 trillion Dinar! 

Then they say, "Divide the 115 T needed by the 30 trillion printed and you get 3.83... OK, everything looks good so far, but the problem comes when they say, "that means each dinar must be worth $3.83 USD for them to meet their budget! Yippeee!

" Well actually it only means that each dinar ever printed must become worth 3.83 TIMES its current value. You can take the current rate 1170, and divide it by three and you get 390 Dinar/USD. 

Or you can take the dollar value of $.0008547 and multiply it by three to get $.0025641 USD/Dinar It works out to the same result... you get the value of Iraq's candy.

It is $2,564 USD per million Dinar. Regardless, not all of the 30 trillion printed is available to use! 

And that is actually a problem with both scenarios. Iraq has already traded most of its candy! They can't reach in some poor guys pile and take out a Snickers from the teacher, and a few M&M's from the cabby and some Licorice from the butcher. 

Are you going to give Iraq your 25,000 IQD note to help them cover their budget shortfalls? I didn't think so. 

Some people are assuming that Iraq will be able to pay its bills with the currency printed... but they fail to account for the candy that has already been traded! 

Yes, they collected it (printed it) but they don't own it anymore! They traded it for wheat, rice, combines, and telephone poles. somebody else owns that candy now so Camp (B)'s math is way off. 

When we look at the projected budget we can see that Iraq is committing to an unheard of increase in GDP. No country ever just randomly tells the world that even though we don't have the currency to cover it, and our GDP will not currently cover it, we are still going to present a budget nearly 4 times larger than our estimated GDP!

It isn't a very well hid secret then that Iraqi politicians believe as we do. The artificial rate is too low, Iraq needs to buy more stuff and right now, we can easily see that Iraq is missing some candy. Since they can't just print more, their options are limited. 

We are hoping the RV option is the one they choose.

So which camp is right? What is the rate based on the budget?

Well, actually they are both wrong. Well as you can see, each "accounting method" lacks something. The most important fact is that Iraq is going to have to start (soon) setting a budget based upon expected GDP revenues and staying within the budget. 

The value of the dinar is going to have to be set to represent the estimated value of GDP, and the open market will adjust it higher if they produce more, and will drop it if they fail to meet production goals. 

Developing agriculture here is like hiring a kid to trick or treat with you so you can get more candy. But it is true with almost any non-oil related business development projects they push forward. Every time you read a story about Iraq finding additional sources of income, that is worth celebrating! 

We can be pretty confident that right now Iraq is not planning on using the IQD to meet budget! That means RV. (By the way it also means no LOP. 

You aren't going to get away with cutting your candy bars in three and telling your sister that each piece is now worth 1 whole candy bar! 

We aren't talking about accounting here, we are talking about their inability to meet the budget without something increasing the value of their candy pile. 

To say LOP focuses on the importance of easier accounting, (which they need) but totally ignores the fact that post LOP they STILL WON'T HAVE ENOUGH CANDY!) 

They are planning on telling the world that "now that mom left the room, all bets are off. My Snickers bars represent three of your Baby Ruth Bars.

" But they can still only make deals with the candy they have in their pile (reserves) or make deals based upon the candy they hope to get next year. (Or they can just adjust the budget down!) 

But trying to guess the rate based on the estimated USD value required to cover the budget shortfall is inaccurate. 

Unfortunately though neither scenario allows us to accurately determine the rate. We know they are short. We know what they have. We know what they want, and right now we even know what they think they will have next year. 

The answer is going to be that Iraq RV's to increase the value of their candy pile. They are going to meet the budget. 

They are going to remove old and hard to account for notes, and they are going to protect the price of oil by holding US Dollars in reserve. When oil goes down, Iraq sells more. When oil goes up, Iraq makes more but sells less.

They can't undersell the world and they can't overcharge anyone. They will correct the accounting nightmare and will add new bills, but neither of these actions determine the rate. 

And finally don't forget... once the initial rate is determined, the worldwide market will correct it instantly! FOREX will show demand and the rate will increase or they will notice little demand and the price will drop. 

That means it will be highly unlikely that the rate stated is the rate we get. Personally I think it is going higher, but do not go by what I am saying, I am just throwing a wild guess out there! 

Smarter people have touched on this subject, see what they recommend and do what is best for you!

Be blessed

Space Cowboy

OKIEOILMAN POST, 10 FEB


Okie oil man Report - Post by oom Forum 02/09/2012 8:01 pm Est _ 
Okieoilman: hi guys--have had my computer turned off since Feb 2nd--
i had gotten rather burned out of all the false information being put 
forth and also have been ill. I have not forgot about you and up till now 
had a very little to say-- as i knew all the speculation and rumors brought
forth had no substance-- a lot of the intel the guru-s furnish has had figment's
 of truth in them but on the most part was only opinion based on intel 
received that was meant to mislead. To what avail is still the question.. 
I have had a little different approach in acquiring intel that some may have 
overlooked-- i follow closely the dept of treasury financial mgmt svc out of 
Hyattesville, Md which shows (on a subscription basis) the us treasury taxation
 and loan investment program notice of transfers. 
This has been overlooked by seemingly every one else. The importance of
 this is that on a daily basis the us treasury posts their transfers to the central 
banks of the fed res here in the USA. As uncommon as it is--today and the last
 few days their has been no transfers issued. (that in itself is an anomaly ).
 There had to be an underlying reason for the cessation of the transfers and
 loans more than likely was (or is possibly)attributable to the foreign currency
 future changes of value projected. I feel as though we have been checking the
 horses teeth by looking under his tailor approach was wrong in essence that
 we were looking for the obvious in places that while having an indication of 
what was going on--we didn't follow the money--M
There’s the key to anything in the world--follow politics---follow money-
-follow the energy--as those 3 things affects all facets of our lives. I have 
had many contact's today (as in many times past) all predicting today is the 
day. (as if i hadn't heard that before) but the truth is right before our eyes
 in that there are activity going on--and that's progressive and should follow
 on with positive results within a short time. There were excessive international
 pressure brought to pass starting last Monday night and still is being exerted
 which is a good thing for us. Let;s keep the faith and prayers continually 
proceeding without hesitation as we have the god given power to cause
 events to occur. 
Know there are many that think their dreams has only turned to fantasy--
but let me assure you--this is not fantasy ---it's reality---god bless--
Okieoilman: Iwill address only 1 question that was posed---y
es several of us were requested to stop posting intel-- no it wasn't the 
USA-there is a present and on going security issue still prevalent--
 (if you don't believe me----watch middle east news) 
OKIEOILMAN: THE RV DID OCCUR IN IRAQ AS I STATED LAST WEEK
 OKIEOILMAN: READ MY POST AGAIN WITH COMPREHENSION--
IT'S SAY'S IT ALL UPDATE ADDED: 
FROM CHAT: Okieoilman: we are in the position of waiting for the UST to release 
the rate of activation and date to the banks--it's as simple as that-- now having
 said that--that should make you aware of all that has been accompolished in the
 most complex financial plan ever conceived by man-- Okieoilman: Larry--
still waiting on the call--when I get it--you will know instantly to start warming
 up the Lear jet.


CAP1 CHAT: "IT WAS HAPPENING", 10 FEB

6:40 PM [rjg] ..CAP1 r u thinking sunday night into monday for rv now
6:40 PM [..CAP1] rjg -MAN, I'M THINKING TONIGHT.

6:41 pm [dinarmaven] ..cap1 How's it gonna show?
6:41 pm [..cap1] dinarmaven -we have people monitoring bank screens 24/7


[txred] Folks Earlier today I have contact that is direct to a bank manager for the 5/3 bank chain in Florida. I was looking for information and ask that the 5/3 bank MGR. be contacted and see if the numbers had started to drop in at bank level. 

The contact was made and the reply was that something big was happening as all of the currency people were on a C/C. They were not receiving calls.
I checked back a few minutes ago and the Currency people are still in a C/C . The currency manager would call back as soon as they were out and give a update.

6:58 pm [..cap1] iit was an emergency meeting with the foreign currency people from all the 5/3 branches, i believe. They are still on the call and have been for over two hours.

6:50 PM [dealer1947] Cap1 Are we just waiting on UST release? Not another meeting in Iraq?
6:50 PM [..CAP1] dealer1947 -YES, YOU ARE CORRECT


[Bigdog55] ..CAP1 Cap not as important as the above bank story but we have a contact with WF currency dept manager and last week they were notified "it was happening" and was shocked when it didn't , 


Today we were told we can not say a word we have been put on notice that we can not say a word. If we do and they trace it back to them they will be fired on the spot. Sounds to me it is very close.

[..CAP1] Bigdog55 - GREAT POST.

MED CHAT, 10 FEB

Med says to (10:12:34):  I SEE THE NATIONAL CONFERENCE WAS DISCUSSED
ISNT IT FUNNY THOUGH  IN JANUARY  THEY SAID END OF MONTH CONFERENCE
IS THIS THING PRO RATED OR WHAT   IT IS LIKE WHEN THEY SAY
OH THE CHECK IS IN THE MAIL 
THEY DEFINATELY NEED TO UNDERSTAND WHAT A TIMELINE IS

stlou says to (10:13:56): but all we can do is sit back and watch it transpire my friend

Med says to (10:14:04):  ALL WE CAN DO  AND MAKE FUN OF THEM

stlou says to (10:14:14): and that too

Med says to (10:14:15): I LIKE THAT  IF I WAS THE DOONESBURY CARTOON GUY
I COULD MAKE A LIVING ON THIS CUZ YOU CANT MAKE UP STUFF THIS GOOD

stlou says to (10:14:57): more like Lucy with the football

Med says to (10:15:05):  LOL

stlou says to (10:18:39):
it appears as though we know what each party is bringing to the table for that conference..
and talabani is more involved..that is finally a plus

Med says to (10:19:26): WELL I GUESS BETTER LATE THAN NEVER
CUZ WHEN I LOOK BACK
AND SEE WHO COULD HAVE MADE A DIFFERENCE IN ALL THIS FROM DAY 1

AFTER THE ELECTION   IT WAS HIM
BUT HE DID NOT DO WHAT HE COULD DO

NOW I UNDERSTAND HE PROBABLY THOUGHT IT WOULD NEVER BE LIKE THIS
WHO WOULD HAVE THOUGHT THIS PARLIAMENT WOULD BE SO BAD
THAT I WOULD WANT THE OLD ONE BACK

AT LEAST THE OTHER ONE MET
THEY HAD QUORUMS
AND EVEN THOUGH MOST OF THE LAWS PASSED

stlou says to (10:21:20):
and like some parents, they let their kids fighting get out of control, then get involved when one of them gets hurt

Med says to (10:21:20):
WERE JUST BENEFITS FOR THEM
AND THIS BECAME SO SERIOUS

stlou says to (10:21:54):
that is what talabani did.

Med says to (10:22:03):
THAT SOMEONE HAD TO STEP UP
CUZ ALLAWI AND MALIKI BOTH

stlou says to (10:22:14):
and yes..I totally agree with you..this is very serious..a make or break period

Med says to (10:22:19):
WERE READY TO LET THIS FALL APART
OVER EGO'S
NEITHER OF THEM TO ME
BELONG IN THE POLITICAL PROCESS

Mountainman says to (10:49:45):
BAGHDAD, Feb 10 (Reuters) - Iraq aims to boost oil exports by 200,000 barrels per day next month after it opens up a new Gulf outlet, a senior Iraqi oil official said, freeing Baghdad to export all the extra barrels foreign oil companies are extracting from its giant fields.

Med says to (10:49:48):
ALL THE STUFF WE TOOK OUT
VERY GOOD
THAT SHOULD PUT THEM AT ABOUT 3MIL
VERY GOOD NEWS MM
BUT DID YOU SEE THE ARTICLE I POSTED
ON THE PRIVATE SECTOR IN IRAQ
THEY SAID
THERE IS NONE
I THINK IT WAS THE HEAD OF THE BUSINESSMANS ASSOCIATION
IN IRAQ