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Monday, August 6, 2012

BLUWOLF & SWEETQUEEN CHAT, 6 AUGUST


[Tenizen ] bluwolf What do you make of the country of Spain's trading down for 5 hours, and Japan's derivitive trading down as well when it opened?
[bluwolf] Tenizen IT IS PART OF THE SHOW.

[crafter] bluwolf Is this some of the trillions she has recovered that was stolen by the Cabal

[keiji] bluwolf we've always heard the China was mad that this hasn't happened yet.  Are you saying that now we are waiting on them?  
 
[bluwolf] keiji NOPE YOU ARE SAYING THAT.
[keiji] bluwolf I asked a question, not making a statement.

[bluwolf] keiji NOPE, THEY ARE WAITNG ON THE CHILDREN OF THE CORN.

[bluwolf] OK    thank you

[keiji] bluwolf    thank you 
[jannyk] I always like the END of the show..so what do u know about that...bluwolf....thank you
[bluwolf] jannyk ALL WILL COLLAPSE BEFORE IT GETS BETTER.

[pmw1973] bluwolf is this gonna happn in 2012?
[bluwolf] pmw1973 WE ARE SECOND BY SECOND PERIOD.

[bluwolf] LOOK YOU ALL YOU WILL WAIT FOR AS LONG AS IT TAKES.  I DO NOT CONTROL THINGS AND THE EXPRESSIONS SAID BY ME ARE PRECISE AT THE MINUTE.   IF SOME DO NOT LIKE WHAT IS BEING SAID THEN YOU MUST CHANGE THE CHANNEL.  I JUST CAME HERE TO SAY HI.  IF I AM ANSWERING SOME QUESTIONS, IT IS BECAUSE SOME ARE CONFUSED.

[pmw1973] bluwolf think we’re all confused sir
[bluwolf] pmw1973 I DO NOT KNOW WHY.

[nathansmom] bluwolf I think many are confused or just plain discouraged.
[bluwolf] nathansmom I BELIEVE DISCOURAGED AND EATING A LOT OF JUNK FOOD.

[cruiser] Some people will never get it. Bluwolf takes time out to come in and address everyone and some continually show a lack of respect. If you do not like what Bluwolf has to say, do not listen!!! There are those who want to listen and want to understand, so please respect those individuals!! Thank You for your understanding!!!

[bluwolf] I HAVE BEEN OUT FOR MORE THEN 11 DAYS NOW AND I CAN SEE THAT ALL SAID BY ME IN THE PAST WAS LOST.  WHAT A SHAME.

[cruiser] bluwolf Not true. Some do listen.  And thank you for taking the time to come here and address us tonight.

[pmw1973] bluwolf can you break this down, abc 123 simple terms no code....
[bluwolf] pmw1973 NO I WILL NOT.

[jyburt] bluwolf just in case you missed this, caps room closed and many new peeps are here and they may not know all, and for me remember some of us have age and blonde issues please forgive us.
[bluwolf] jyburt N/P

[bluwolf] THE TRUTH SHALL SET YOU FREE, THANK YOU LORD.

[jetpack] bluwolf bluwolf so in all honesty ASN really could mean 2013 or Nov based on history, I agree all done but the release,  just have no way of saying for sure this year, thanks for your time.   God Bless.
[bluwolf] jetpack NOPE, IT IS WHAT IT IS.

[..SweetQueen] PAPA BEAR AMEN!

[..SweetQueen] I CAN CERTAINLY UNDERSTAND YOUR FRUSTRATIONS AND CONFUSION, YOU MUST UNDERSTAND THAT ANYTHING SAID AT THIS TIME COULD JEOPARDIZE THE RELEASE, THEREFORE YOU ARE NOT GOING TO SEE MANY INTEL PROVIDERS SHARING INFORMATION.

[..SweetQueen] WE CAN AGREE TO DISAGREE IN THE CASTLE AS LONG AS RESPECT IS HONORED.

[..SweetQueen] I CAN TELL YOU THAT I HAVE BEEN IN THIS INVESTMENT FOR 9 YEARS AND CAN UNDERSTAND YOUR CONFUSION AND UNFORTUNATELY CAN NOT BE EXPLAINED AT THIS TIME, PERHAPS SOME DAY POST RV THE INTEL PROVIDERS WILL BE AT LIBERTY TO SHARE MORE DETAILS, BUT THAT'S JUST NOT POSSIBLE AT THIS TIME.  WE MUST RESPECT THAT THEY HAVE OUR BEST INTEREST AT HEART AND WILL NOT DO ANYTHING THAT COULD JEOPARDIZE THE RELEASE OF THE RV.  YOU DON'T HAVE TO BELIEVE ME, ONE DAY THE TRUTH WILL SET YOU FREE....

THANK YOU FOR ALLOWING ME TO GIVE YOU A BRIEF EXPLANATION OF THE REASONS BEHIND SO MUCH CONFUSION, PLEASE TAKE IT TO PRAYER AND KNOW THAT OUR RELEASE WILL COME IN GOD'S TIMING.

[bluwolf] PLEASE LET IT BE KNOWN THAT MY INTERVENTION WAS OF A POSITIVE MANNER.  WE MUST LEARN TO RESPECT ALL PEOPLE OF ALL COUNTRIES AND WE MUST SPEAK ABOUT THEM IN THAT SAME MANNER.  LANGUAGE OR SARCASM USED BY SOME COULD HAVE AFFECTED THE OUTCOME OF THIS INTERNATIONAL RELEASE. I HOPE THAT I AM CLEAR ON THIS SUBJECT... BLUWOLF

NOW I AM A INTEL PROVIDER AND I HAVE NOT GIVEN YOU IN THIS MOMENT ANY INTEL THAT HAS NOT BEEN GIVEN TO YOU BEFORE.  THE TIMING IS STILL ON TRACK AND IT WILL ARRIVE IN GOD'S TIME NOT MINE...

[..SweetQueen] I HAVE COME UNDER ATTACK THE LAST FEW DAYS FROM PEOPLE WHOM DON'T TRULY KNOW ME NOR DO THEY KNOW WHAT I KNOW, BUT I WILL TAKE THE HIGHROAD AND LET THE TRUTH SET THEM FREE.

[Papa Bear] U are GREATLY appreciated Blu

[cruiser] Papa Bear Please do not sell yourself short!! You are also apprecited and very well respected!!

[cruiser] I show him the respect he deserves. That is why. He has been doing this alot longer than me and I am Very Grateful to him for that.

[mr_shoemake] bluwolf what I have always respected about you is you say it as it is glad that you came in I hope I can get the portion of this conversation I missed.
[bluwolf] mr_shoemake THANK YOU.

[..SweetQueen] Dakotaman I HAVE BEEN TOLD ABOUT HIS POST, BUT NEVER LOOKED BACK TO SEE WHAT HE POSTED.  FOR I KNOW HE DOSEN'T KNOW ME, NOR DO I KNOW HIM.  IMO THIS IS A VERY WEAK MIND LEAD BY THOSE WHOM ARE ALWAYS LOOKING OUT TO DO HARM.

[josie] Sweetqueen, you have been nothing but kind and gracious to all of us. No one should be attacking you for anything!! We in the castle all love you.

[..SweetQueen] I SPOKE TO STUDLEY THIS AFTERNOON AND CAN ONLY SAY THAT HE HAD VERY LITTLE TO SAY WHEN HE WAS APPROACHED WITH GOSSIP ABOUT ME. HE REPLIED THAT'S NOT THE WOMAN I KNOW, AND I DO KNOW HER WELL, THIS IS THE REASONS I'M NO LONGER POSTING IN CHAT ROOMS.

[patriot1490] ..SweetQueen That is unfortunate. I miss Studley cause I know he is a man of few words but they count.

[..SweetQueen] patriot1490 YES HE IS, AND A GREAT FRIEND WHOM I ADMIRE HIGHLY.

[goddess] Can we bring Studley back?

[..SweetQueen] goddess HE LIKE ALL INTEL PROVIDERS, ARE NOT SHARING INFORMATION AT THIS TIME FOR YOUR OWN BEST INTEREST.

[Papa Bear] SQ always remember u rule your    an d sometimes your peeps to get frustrated and out of hand . We know u always have ALL our BEST interest in your heart and will,and u are always straight as an arrow

[..SweetQueen] Papa Bear THANK YOU AND I APPRECIATE YOU.

[bluwolf] LET ME JUST SAY SOMETHING I HAVE BEEN AROUND THE WORLD, MET A LOT OF PEOPLE OF ALL CREEDS.  THEY ARE NO DIFFERENT FROM US, JUST WORKING PEOPLE WITH THE SAME DREAMS THAT ALL OF US HAVE.  SO WHEN PEOPLE COME AND USE SARCASM WITHOUT KNOWING, IT REALLY ROCKS MY BOTTOM.  LET'S SHOW LOVE TOWARDS PEOPLE.

 BE IN PEACE WITH ALL PEOPLE OF ALL CREEDS FOR THEY ARE PART OF THE WORLD TOO.  SEE THE WORLD IS NOT THE UNITED STATES OF AMERICA.  WE ARE THE WORLD AND WE HAVE A RIGHT TO BE HERE AND TO WORSHIP WHO EVER AND WHAT EVER WE WANT.  BELIEVING IN SOMETHING DOES NOT MAKE YOU DIFFERENT FROM ANYONE ELSE.  LET'S STOP THE VIOLENCE IN ALL WALKS OF LIFE..BLUWOLF

WELL IT HAS BEEN FUN...
LETS GET THE HATE OUT OF OUR HEARTS, EMBRACE THE WORLD.  DO NOT TURN YOUR HEAD AWAY FROM THEM FOR THEY ARE NOT TURNING THERE HEADS AWAY FROM YOU. 

RUMORS FROM DINARLAND UPDATE, 6 AUGUST


[dealdoctor] Guys...the worldwide financial situation is in MAJOR crisis. There is no regulation. It is chaos. The Glass-Stegall regulations were tossed under Clinton and THAT means there is NO sheriff in town to GOVERN the bankers...worldwide.. It is a crime syndicate in my opionion. In the end it will CRASH...

dealdoctor] Why will it crash...the evil must have some GOOD to feed on...evil feeding on evil just consumes itself...that is why even person who robs a store intends some GOOD end like buying his kids Christmas presents. EVIL can NEVER be an end in itself..SO we are watching an evil system CONSUME itself..sad

[4formizzou] Honestly, why would any gurus come on these sites anymore when they are going to be bombarded with the same questions over and over again. They have stated time and time again that there isnt anything else to say. We all wait for this exchange. It was said this morning on Recaps that there are Logistical issues and until those are fixed this probably wont go through.

[dealdoctor] Dreamer Okie is a Dinar Investor who has persisted 9 years...wow...it has been a roller coaster ride for me and I am no where near nine years...Okie has never asked me for a penny...he has a servants heart...Okie is NOT our problem but an ally..as are all of our intell providers...Hey, I need help..

[oldmanontheriver] dealdoctor - I agree. I think Okie is a good man and he is telling us what he hears. I too have a lot of faith in Jonnywg, FootForward, and Sooner. I will be glad when this ride is over, but I have learned a lot in the process.
[dealdoctor] oldmanontheriver yes...you can hear it in their voices on calls and after you read so much of what they have written over the years you get to know these intell providers...they are NOT big rich scumbags...they are ordinary people and some in harsh financial conditions who need the RV bad..

[4formizzou] If you re tired of what you are hearing, dont go bashing people to make you feel better, get off of these sites, get your life back by living it to the fullest.

[His girl] If what Tony is suggesting is accurate...what is with the "they tried to push it through several times"? Does someone else see a contradiction here or am I just nuts? Be careful how you answer this one....ok?

[eleanor] His girl It has been reported by many in the "know" that it has been ready to go and someone pulled the plug at the last minute

[dealdoctor] Guys what is your opinion on the senerio of CHINA buying Dinars direct via HBSC and paying a higher rate than the USA? Is that a possible senerio? Could there be a bidding war? I mean this is getting weird.

top_gun] dealdoctor anything is possible!

[dinar1203] dealdoctor - holds no water

[RVPLEASE] dealdoctor IMO no - I'm at the point where I hope for an RV but have no real expectations

[dealdoctor] RVPLEASE I think you are in the MAJORITY...the ONE thing everone seems to agree on is the one BASIC fact...this will happen...it is so LOGICAL and so BENEFICIAL for everyone..USA, Iraq, China, Europe.. AND the devaluation of the IQD to 1/10th of a penny is just NOT REALISTIC longterm.

[ZTenor] ..... As far as Intell.....there really is none.....and yes we are very close. They are just waiting to get everything right before releasing it.....because once you release it you can't pull it back and fix it....

[max13th] There will be only one rate period. If someone had 2 million shares of Wal-Mart stock and I had 1 share they are worth the same per share.

[ZTenor] max13th wrong

[max13th] ZTenor not at all. One rate Banks are there to make money not give it away

[ZTenor] max13th first of all this is a currency exchange so host country can make any rate that they want....not a stock option

[mtnstar] ZTenor isn't the rate an international decision from IMF and World Banks - not the host country

[DRAKEFORTRUTH] mtnstar - each country negotiated its rates individually

[ZTenor] max13th Basically there are 3 rates.....country rate that countries cash each other out at, Author rates for the ones who put the whole plan together and peon rates for us little peeps...

[captaincaveman] Mtnstar yes. Needs imf and bis approval

[prissynell] ZTenor we arent peons we are Studley-Generals group

[mtnstar] DRAKEFORTRUTH yes - but my point is that they do not get the final say

[Dreamer] ZTenor what about the CBI rate? for the peons?

[ZTenor] mtnstar From what I understand, Yes....for an rv . That is why this is a Global Reset and has become a currency exchange

[captaincaveman] Ztenor and in-country rate

[irkaola] Drakefortruth are you the drake of blog talk radio?

[DRAKEFORTRUTH] irkaola - no, just a normal person like you guys

[jetpack] Drakefortruth are u saying all those rates will go live same time or china using WF to do ahead of rv??

[DRAKEFORTRUTH] mtnstar - as I have read and understand , each country negotiate with the ptb in iraq or whoever to get their country rate

[mtnstar] ZTenor exactly - as each country would then make their money worth A WHOLE LOT

[prissynell] drakefortruth appreciate you drake

 [ontime] DRAKEFORTRUTH I was reading recaps and your post from earlier. It disturbs me that you say we will exchange before there is a live rate. That would be insider trading. What am I missing?

[mtnstar] DRAKEFORTRUTH yes and then it goes for "approval" for lack of a better term with IMF etc

[ZTenor] mtnstar Well....we can make the rate higher because we are buying Iraq's oil on the cheap and selling it on the high.... so plenty of profits to play with

[DRAKEFORTRUTH] ontime - i did not say that, I believe somebody asked that,

[jetpack] ontime exactly want happen cant happen that but rates can go live same time

[mtnstar] ontime I do not think it is insider trading on currency - that is a stock issue

[irkaola] Drakefortruth thanks and I like your insight you have given today

[ontime] mtnstar THAT would be insider trading.

[bigdaddytim] captaincaveman Saw an episode of Star Trek that had a very similar story line!!

[mtnstar] ZTenor I think all of their resources are what makes this a great investment

[DRAKEFORTRUTH] what I said is that as it was explained to our groups, this is a 3rd party cash exchange, now whether that is before the world r v or not I do not know

[jetpack] All this rate talk means nothing til live somewhere IMHO

[bigdaddytim] jetpack Amen

[JLARSEN] jetpack jetpack I agree.... and we won't really know how it all will come together until it actually does. All conjecture until then. Jmo

[DRAKEFORTRUTH] general64 posted at 8:00 am this morning if you read his post, it explains most everything

[ZTenor] jetpack all you need to do is pay attention to what the intel providers are tellin you and to what is happening between our country and Iraq and you would know it is out of Iraq's hands and we have the power to exchange at any rate the UST deems worthy....

JEEPGUY POST, 6 AUGUST

8-6-2012 Jeepguy : The CBI confirms the deletion of zeros and changeover 2013. They (CBI) had the means and were ready to hit the switch then (Sept 2011) but the idea I have is 2013 first quarter is go time. They have had 1 and 1/2 years to get the banking and citizens to understand what is about too take place. 4 + more months to show time. The Iraqi Central Bank announced Saturday that 2013 will delete the zeros and the currency switch, noting that current currency formed block big cash worth 30 trillion dinars. Saleh said that "the Central Bank strategy of deleting three zeros and switch the currency will be at the beginning of a new year and a new budget for the Iraqi State", predicting that "the currency is altered in the new fiscal year to 2013." Saleh said "zeros added to the currency led to the deterioration of the currency in Iraq, leading to weakness in the monetary exchange efficiency", stating that "the Iraqi monetary institutions currently errors in accounts and their records due to the high numbers of currency that is difficult to read."  Saleh said that "the deletion of zeros and the currency changeover is the process of administrative reform of the Iraqi currency and therefore does not affect the value of things or change of per capita income," he said, adding that "the fear people from deleting zeros is a psychological fear, since the deletion of zeros and the currency switch applied in 53 countries including Turkey when six zeroes from its currency were deleted and Romania which had been deleted four zeros."
 Adviser to the Prime Minister for Economic Affairs (Hussein Anbuge), take it in (25 August 2011), to raise zeros from the currency is the biggest corruption in Iraq if during this period, under the title economic absurdity, warning of "Division" is preparing to falsify trillion Iraqi dinars to replace them in the light of the forthcoming changes. He accused the Central Bank of Iraq, on the 12th of September, Government of obstructing the monetary reform and vowed to prosecute, blaming those responsible for endangering the financial interests of the country at risk. Some economists believe that Iraq is not formatted for the time being to delete the zeros of the Iraqi dinar, noting that the deletion of zeros needs political stability and security as well as economic stability. And the Iraqi Central Bank Governor Shabibi, independent bodies at a meeting with Prime Minister Maliki held in (19 June 2011), ready to initialize all supplies to replace the Iraqi currency.

DINAR GURUS UPDATE, 6 AUGUST

8-6-2012  Newshound Guru Arthur   Shabibi is moving along with the project...the Future of Iraq Project...The deletion of the zeroes...All we see now is the Central Bank moving right along as if they are going straight into the deletion project and I like that because of the slow nature of the govt side - it doesnt seem to be slowing Shabibi down at all and I think that is great.

8-6-2012  Intel Guru Tony  From boots on the ground in iraq, got a call on Saturday, government guy, the ministers have been in place, the GOI is set and that is not what we are waiting on.  I thought this was funny...he went into an internet cafe' and there were at least 4 individuals monitoring our dinar sites!!   Received another call & he said it was done & released to the banking system, the BIS, World Bank or other agency that is to release it...everything is signed, we are waiting just like you.  Other stuff about Maliki, etc. is just noise.  He said, "If I had any doubt this was happening, I don't anymore".   [post 2 of 3...stay tuned!]

8-6-2012  Intel Guru Okie_Oil_Man  1 BRIEF STATEMENT THEN I AM GOING TO LET THIS SLEEPING DOG LIE. YOU NEED TO BE AWARE NEITHER MYSELF OR OTHER INTEL GATHERER'S ARE PURPOSEFULLY TELLING YOU ANYTHING INCORRECT--IT IS JUST THAT AS SOON AS A BIT OF INTEL IS RECEIVED IT CHANGES--THESE CHANGES ARE NOT PREDICTABLE AS WE ARE STILL IN A VERY FLUID SITUATION THAT CHANGES VIRTUALLY ON A DAILY BASIS. WE DO NOT IN ANY WAY HAVE ANY CONTROL OF THE OUTCOME OR TIMING OF THIS EVENT. NOW----WE CAN EITHER LEAVE YOU IN THE DARK OR WE CAN GIVE YOU WHAT WE CAN WHEN WE HAVE IT.   [post 2 of 2]

8-6-2012  Newshound Guru Mike  Committee approved...nice to see they approved the memorandum of understanding....draft laws and ratify international agreement  for the banks...all the paperwork that they need...this is a sign that they are moving forward...from the Central Bank in reference to their sales and their project containing the currency restructuring project to delete the zeroes...we have them passing laws...we have them doing what they are supposed to be doing in the Finance Committee which is supporting the Central Bank.  Shabibi is putting the things into place he needs to put in...he's following all of the directions..following all of the goals that were set for him by IMF to get his banking sector in shape he has followed that...they are not going to get this banking system in place to have a currency will little or no value.

8-6-2012  Intel Guru Gary   Everybody, please hold on, be patient.  We really don't know what the timing is.  The people we are talking to over in Iraq are all saying it's done and completed.

8-6-2012  Intel Guru Tony  The banking systems are still saying it's today, they were trying to do it every 2 hours, every 4 hours to get it all done, they weren't going to stop until they get it done, they are still trying.  Today, this afternoon or tomorrow is what we are hearing it will go international.   [post 1 of 3...stay tuned!]

8-6-2012  Intel Guru Okie_Oil_Man    CORRECT INTEL IS GETTING HARDER AND HARDER TO OBTAIN--I AM DILLIGENTLY WORKING ON FINDING OUT WHAT EXACTLY IS GOING ON--I AM STILL UNDER A GAG ORDER AND CONSIDER THAT A GOOD THING...I FEEL WE ARE STILL IN A VERY GOOD POSITION BUT CAN NOT GIVE AN EXACT TIMING OF THE CURRENCY EXCHANGE AT THIS TIME.  AS SOON AS I CAN AND AM PERMITTED TO GIVE OUT RELEVANT INFORMATION I WILL DO SO. JUST BECAUSE I RARELY POST DOESN'T MEAN I HAVE ABANDONED MY POSITION. I PRAY FOR EACH OF YOU AND THE FINAL (HOPEFULLY VERY SOON) OUTCOME OF OUR JOURNEY.   [post 1 of 2...stay tuned!]

8-6-2012  Newshound/Intel Guru BGG  There has been a lot of back-and-forth as to the exact timing of when this Federal Courts Law would happen. However, this is one of the later articles and the good news is – they are working very quickly to get this handled. It may well prove to be a significant “doorway” to many of the other things they need accomplished.   Along with the Federal Court Law is this Amnesty law – not completely sure of all the implications but it was one Maliki wanted and looks like the Parliament is moving at high speed on it. The big news is there is a lot of action on the MP level.  [post 2 of 2]

8-6-2012  Intel Guru TerryK   I DONT SEE A DELAY, I SEE A COORDINATION ISSUE BETWEEN CHINA, IRAQ, USA, OPPS AND THE UST AND IMF.  UST IS COOL WHAT I BEEN TOLD BUT THE UN AND IMF WANT ALOT OF THE GLORY.  I SEE OUR GOVERMENT REALLY BEING THE HOLD UP AND WHAT I HAVE BEEN TOLD ITS ALL ABOUT TIMING, THATS IT, THIS IS A LOT BIGGER THAN ANYONE THINKS.  THIS IS CHINA, USA, IRAQ DEPT FORGIVENESS ISSUES...BASED OFF OF WHAT I BEEN TOLD ITS ALL POLITICAL STRUCTURING...BIGGEST TIME OPPORTUNITY IS FROM THE 23 TO THE 31.

8-6-2012  Newshound/Intel Guru BGG   Key wordings in...article – “accusations in the politicization of the judiciary.” and “with the exception of state law has shown a desire to that."This tells us that everyone else is on board with this law other than Maliki’s gang of thugs. This also brushes a mention of the term limits law coming after this Federal Courts Law. You can see where this is headed.  I have been saying the Federal Courts Law is so important – it appears the SLC again isn’t too happy about the Elections Law and their first stop is to go straight to the Federal Courts to get it overturned. I am just guessing here – but I have to think the Parliament has gotten the attention of the Judiciary. These judges have got to know they are being watched pretty close now.  [post 1 of 2...stay tuned!]

8-6-2012  Intel Guru TerryK  UST GAL SHE IS TELLING ME THIS AGAIN, THIS IS ALL DONE AND PACKAGED READY TO GO...MY GUY IN JORDAN TONIGHT HE IS TELLING ME ALOT OF CHATTER GOING ON YESTERDAY AND THIS MORNING ABOUT A CHANGE IN VALUES OF TRADE WITH IRAQ, THIS IS TRADE AGREEMENTS STUFF THAT’S WHAT HE IS INVOLVED WITH.  THEY (IRAQ) ARE DEMANDING HIGHER VALUE IN TRADE FOR GOODS...HE SUSPECTS SOMETHING IS AT HAND SOON.  THE 23RD ON TO THE 31ST ARE STONG DATES FOR THIS TO OCCUR...THIS IS COMING SOON.

TONY POST, 6 AUGUST

8-6-2012 Tony (PTR): The banking system is still saying it is today. The dark side (guru) people are saying it will go international tomorrow. 

From boots on the ground in Iraq right there today, I was told that the ministers have been seated since February. It has nothing to do with what we are waiting for. Iraq has done everything they are supposed to do. We are just waiting.

 I got a call this morning from someone in their (Iraq’s) government and they said, “It’s done. It’s all done. We are out of it. It has been released to the banking system (not meaning Wells Fargo; could mean the BIS, World Bank, etc.). 


We signed everything; did everything. We are waiting just like you are waiting. If I ever had any doubt about this happening, it’s all gone. This is definitely happening. It’s going to be the change we are looking for.” Maliki, the National Conference, etc., is just noise. 

I do know Iraq wants their ministers to be paid somewhere after the 15th of this month which I think is supposed to be with the new currency.

CC CALLS TODAY, 6 AUGUST

Franks Conference Call w/ Delta Monday @ 7 pm est 8/6/12                     

call 760 569 7676 pin 156996#    Skype:skype:freeconferencecallhd.7676


____________________________________________________

DinarAlert Conference Call Monday @ 9pm ET 8/6/12

Enorrste, Russell & Kaperoni

Call (805)399-1000 Pin 296983# Skype:freeconferencing.8053991000

____________________________________________________________

Peoples Talk Radio Conference Call Replay from Monday @ 1 pm est 8/6/12

Call 760 569 7699   Pin 121518 #

Run time 73:20

MP3 Link
https://www.freeconferencecallhd.com/playback.asp?n=-17-65-67-17-65-67987458-17-65-6710105115-17-65-67-17-65-67-17-65-67-17-65-6730-17-65-67-17-65-67;0NTAyODk2MjM=1

___________________________________________________

8-5-2012 Hammerman: Waiting on intel. Call rescheduled for tomorrow, Monday 08/06/2012 @ 9:00 pm CST, 10:00 pm EDT.

INTEL4U CHAT, 6 AUGUST


[DRAKEFORTRUTH] its seems that poeple do not understand that we do not want the to R V, unless you want a lower rate

[olesailor] DRAKEFORTRUTH I do not understand what you are saying. Are you saying that if it rv's now it will be a low rate? On what basis?

[DRAKEFORTRUTH] If it R V's then everybody will get the lower public rate

[DRAKEFORTRUTH] Our group has organized a cash exchange with a 3rd party for a higher rate then the public rate

[cowtown333] DRAKEFORTRUTH the key word is rv ... i don't care bring it

[whitelions] DRAKEFORTRUTH again lower that what 11 cents on the dollor

[olesailor] Drakefortruth which group?

[MeaganandJoe2010] DRAKEFORTRUTH I want a CE when do you think it will happen?

[DRAKEFORTRUTH] If it R V's everybody get the public rate and our groups lose out on the cash exchange
[ZTenor] DRAKEFORTRUTH How do you come to that conclusion???

[olesailor] Drakefortruth which group?

[DRAKEFORTRUTH] olesailor - the groups that have come togetherer that I believe most of you are a part of

[geterdone] DRAKEFORTRUTH this is really very confusing...........I thought we wanted the RV to happen.........now you are saying that you do not...

[whitelions] DRAKEFORTRUTH how would you feel if that really didn't happen and your group got the same rate as everybody else since nobody knows what that rate will be

[DRAKEFORTRUTH] whitelinons - I believe the public rate would do me just fine, but our group rate is much better:

[cowtown333] DRAKEFORTRUTH no offense but i think everyone here would jump at the rv (yes even at .86) if it would just rv

[JLARSEN] DRAKEFORTRUTH so..... what is your conclusion as far as traders such as DB?

[geterdone] DRAKEFORTRUTH isn't it true that we need the RV for anyone to exchange their dinar?

[DRAKEFORTRUTH] geterdone - no

[whitelions] DRAKEFORTRUTH do you have it in writeing ?

[ZTenor] DRAKEFORTRUTH You're not making sense buddy....if it RI's or RV's there will still be a cbi rate and a public rate.....and if we are part of a group we will get closer to the cbi rate.....or actually the rate set by our USt

[jyburt] whitelions i would hope we all get the same rate all of us

[geterdone] DRAKEFORTRUTH would you please explain why you say this?

[DRAKEFORTRUTH] jlarsen - as our leaders have explained , there is a 3rd party that is wanting our groups dinar for their country, WF is brokering the cash exchange, because of the oil credits that go with it they are offering good rates, which are above whatever rate in r v's at,

[geterdone] DRAKEFORTRUTH It has to RV in order for anyone to exchange at any rate.

[DRAKEFORTRUTH] geterdone - how did you buy your dinar, you bought it from a 3rd party

[olesailor] whitelions me too I think he is saying if it rv's all the group rates go to public rates

[DRAKEFORTRUTH] olesailor - yes that is correct,

[pianogirl] olesailor I agree.

[ZTenor] JLARSEN I think what he is saying is that the 3rd party who is supposedly buying our dinar from the UST will exchange with us thru the groups before it actually rv s ......how that will happen is anyones guess

[pianogirl] JMHO It is a possibility that the group will get the "email/letter of instructions" before it RVs since the "code" will get us the higher rate. After the group does the CE, then the rate goes live for everyone else.

[JLARSEN] It sounds like a matter of semantics..... what term you decide to use.... the process will be the process.

[ZTenor] JLARSEN I know.....it probably is just semantics.....but it does make some sense....Tony was talking about tiers...maybe this is a tier that cashes in before the public.... just thinkin

[ZTenor] That is why we have been encouraged to be a part of a group so that we can be in a tier position....different from the public

[DRAKEFORTRUTH] ztenor - yes that is correct,

[DRAKEFORTRUTH] db will be exchanging with the public rate

[pianogirl] ZTenor I agree about DB. they can't exchange w/o rate going live at CBI

[ZTenor] JLARSEN yes....but if you are in a different tier group that is offered a higher rate....the public rate will not be a part of it

[DRAKEFORTRUTH] everybody has asked a 1000 times will the codes work with other banks , and the answer is no to the question that is asked. The exchange is with WF with the 3rd party, thats why it is not good for all banks

[DRAKEFORTRUTH] All of the info has been out there, but the leaders cannot say some of it or they indirectly try and tell you-trying not to get in trouble

[pianogirl] JLARSEN IMHO--the bank rate will end up being CBI rate minus any fees, etc. however, that will not affect the groups with the "code"

[ZTenor] JLARSEN I understand what you are saying.....but being a part of a tier Group will give us (the group) a higher exchange rate than the bankers can offer the public...

[DRAKEFORTRUTH] Oil credit for countries using dinar to buy oil with Iraq is what we have been told $32, oil is what 95 a a barrel now, thats a 50 plus saving per barrel where countries like CHINA  will pay a premium for the dinar and still save monies for oil for their countries.thats why they want to buy it from us

[ZTenor] JLARSEN I talked to Generals64 about that and he said he would be buying out his reserve after the initial exchange and then taking the physical dinar from the reserve back to the bank to exchange with our code....yea.....means we have to hustle our buns to exchange then go get our reserves and go back to the bank

[fiddlehead39] Drakefortruth drakefortruth is a Currency Exchange taxable???

[DRAKEFORTRUTH] readynow -Based on what happen in Kuwait, it was not, but that is what goverment is trying to resolve

[DRAKEFORTRUTH] if you reed IRC code 922 it states any currency exchange over 600 its a taxable income

[DRAKEFORTRUTH] but the IRS has not ruled on what they are going to do yet

[DRAKEFORTRUTH] think about it everybody we have a election coming, congressman own dinar, if they are cashing in at the tier 1 goverment rates, they have to show their taxes when going up for election, the public will find out about differant rates being paid out and they are trying to stop it from being taxed

DRAKEFORTRUTH] oracle - when they cash in

[DRAKEFORTRUTH] AS your leaders have said, their is SO much involved with this that has to be hashed out that it takes time

[avroarrow25] DRAKEFORTRUTH - i agree. so correct me if my thinking is wrong. US gov members from both parties will have dinar (just a few cause its a scam-lol) so how does a sept release make any difference. both parties will have thier "funding" or am i wrong

DRAKEFORTRUTH] oracle - the goverment contractors and whales and whoever is in the circle that most of us are not in will be cashing in at a higher rate, whether that has started nobody knows

[DRAKEFORTRUTH] - this is not my opinion - this is what our group leaders have told us

OKIEOILMAN POST, 6 AUGUST

CORRECT INTEL IS GETTING HARDER AND HARDER TO OBTAIN--I AM DILLIGENTLY WORKING ON FINDING OUT WHAT EXACTLY IS GOING ON--I AM STILL UNDER A GAG ORDER AND CONSIDER THAT A GOOD THING GIVING THE AMOUNT OF INCORRECT RUMOR'S FLOURSHING ON THE DIFFERENT SITES. I FEEL WE ARE STILL IN A VERY GOOD POSITION BUT CAN NOT GIVE AN EXACT TIMING OF THE CURRENCY EXCHANGE AT THIS TIME. AS SOON AS I CAN AND AM PERMITTED TO GIVE OUT RELEVANT INFORMATION I WILL DO SO. JUST BECAUSE I RARELY POST DOESN'T MEAN I HAVE ABANDONED MY POSITION. I PRAY FOR EACH OF YOU AND THE FINAL (HOPEFULLY VERY SOON) OUTCOME OF OUR JOURNEY----

[..OKIEOILMAN] MY MISTAKE ON LOGGING ON--EVIDENTIALY GHOST USED MY COMPUTER LAST AND I NEVER NOTICED--THAT WAS MY POST.

TRINITYEXCHANGE POST, 6 AUGUST

8-6-2012 TrinityeXchange : I've been doing quite a bit of research on Iraq's monetary policy and went headlong into some information on the 2011 Budget for Iraq. Recall back in the day when the IMF had voiced strong disapproval of Iraq's budget? If you do, there is a very unique point to remember. There was, as far as I can recall, only one budget year in particular the underwent high scrutiny by the IMF, the 2011 budget. See the article “IMF Dissatisfied With Iraq's Monetary Policy”. In the article we see that the IMF rejects the presented budget from Iraq calling on them to re-address 4 critical issues: The IMF has reportedly called for: •changes at the level of the spending; •reduction of inflation; •a plan to encourage the private sector; and, •a plan to address employment levels in governmental departments.  “Iraq has promised the IMF to address the monetary issues”, said al-Jaberi, “but talks are still underway between the two sides to come up with solutions”.
 
 The Iraqi Finance Ministry announced last month the finalization of Iraq’s 2011 draft budget, the majority of which has been devoted to investment. The 2011 budget amounts to US$86.4 billion, up from around US$72 billion last year. I haven't come across any other articles where the IMF pimp slapped Iraq so hard. Why 2011 budget? Because “the majority of which has been devoted to investment”, is why. The 2011 budget is where I believe we will realize monetary reform in the country; in other words, this is where WE get paid along with all the other international investors. So, what happened after a viable budget was represented? The IMF was absolutely happy and began loaning money to Iraq again. The IMF was using badly needed loan money as leverage to protect its interest. Iraq came through and the IMF smiled and resumed the flow of currency through its Stand By Arrangement with Iraq. Now for those who don't understand the SBA, I got you covered. In an economic crisis, countries often need financing to help them overcome their balance of payments problems. Since its creation in June 1952, the IMF’s Stand-By Arrangement (SBA) has been used time and again by member countries, it is the IMF’s workhorse lending instrument for emerging and advanced market countries. 

 So, the IMF turned on the spigot: The Executive Board of the International Monetary Fund (IMF) completed the second review of Iraq’s economic performance under a program supported by a Stand-By Arrangement (SBA) on Friday. Completion of the second review makes an additional SDR 297.1 million (about US$471.1 million) available for disbursement, bringing the total resources currently purchased by Iraq under the SBA to SDR 1.069 billion (about US$1.7 billion). The SBA supported program aims to ensure macroeconomic stability and provide a framework for advancing structural reforms in Iraq. Iraq continues to make progress to conclude debt agreements and resolve outstanding claims under terms comparable to the 2004 Paris Club Agreement. So's as long as Iraq is making progress toward monetary reform at the pace the IMF is happy with, they will continue receiving monetary support. As a matter of fact just yesterday we saw an article to this fact where IMF approved a “Seven-Month Extension of Stand-By Arrangement for Iraq”! 

 The SBA had been scheduled to expire on July 23, 2012. The extension, which had been requested by the Iraqi authorities, will provide them with time to implement the policy measures needed to complete the combined third and fourth reviews under the SBA. The extension will, in particular, provide time for discussions on fiscal policies for the remainder of 2012 and on measures to improve the functioning of the exchange regime. Please don't overlook that underlined portion from the article. What is an EXCHANGE REGIME? Got you covered my friends: An exchange-rate regime is the way an authority manages its currency in relation to other currencies and the foreign exchange market. It is closely related to monetary policy and the two are generally dependent on many of the same factors. Let's recap. So the 2011 budget, once rejected, now anointed by the IMF after addressing the 4 critical components mentioned above became a pivot point for the country to continue receiving loans to operate. Heck! Remember the last point of the four raised such a stir in the dinar community? 4) a plan to address employment levels in governmental departments.  I am pointing out that title of the article all stems around the requisite for the government to address its public sector employment problem as a critical component to continued reception of SBA funds. This is what this stuff is all about, doing what the IMF says or else Iraq gets “closed for business”. 

 So I was thinking to myself, why does Iraq even need the IMF and their silly loans when they are generating so much oil revenue. Why does Iraq need anybody. And then I realized that it wasn't that simple. The Development Fund of Iraq is where Iraq's revenues go and, get this, it is where funds are released for the Iraqi budget! The current government is facing a wave of criticism because it has not submitted its closing accounts of the government budgets since 2005 and until now, and there are demands to refer the issue to the monitoring and judicial quarters because these accounts should have been discussed and approved by the parliament. UP UNTIL NOW. Our friend Yota I posted an article that went without even one response and its importance flew right over our heads. Could it be that this is the full accounting we have all been waiting for that will lead to the opening of the DFI funds for the 2011 budget?! How could it not be?! You feel my excitement here I hope and I believe we should all be. I think pretty soon we are bout to find out one way or the other if this investment was worth its weight in gold. Be blessed my friends.

BGG & FREEBIRD POSTS, 6 AUGUST

8-6-2012 BGG: It appears the SLC again isn’t too happy about the Elections Law and their first stop is to go straight to the Federal Courts to get it overturned. I am just guessing here – but I have to think the Parliament has gotten the attention of the Judiciary. These judges have got to know they are being watched pretty close now. There has been a lot of back-and-forth as to the exact timing of when this Federal Courts Law would happen. However, they are working very quickly to get this handled. It may well prove to be a significant “doorway” to many of the other things they need accomplished.

8-6-2012 Freebird: September is fast approaching and as you can see the GOI is finally reaching an agreement on a reform paper that will ensure the political stability necessary for the Central Bank to move forward.  In the very near future we should see the Amnesty and HCL laws both passed as well as parts of the Erbil agreement (whatever compromise they have reached) and an announcement of the Strategic Council. The goal is for the economic reforms to be instituted by January and if that's the case, we should start witnessing these (and other) preparatory steps taken prior.  

DINARLAND CHAT, 6 AUGUST


[gr8teth] Rainy days and Mondays always get me down...(but good rv news would lift me up...)

[don] devildogmom sure was a quiet weekend!

[Papa Bear] don Nope Greenbriar conference, Brussels, and DC conferences ended

[mbd4049] Papa Bear so we should be good to go? IYHO

[Imperium] [imperium] So is generals64 saying that the banks are the deciding factor as to when this currency Exchange will happen?  imperium :...yes....in my humble opinion

[Papa Bear] Imperium Yes IMHO

[Major] I think the banks want this as much as we do! The infusion of deposits will be tremendous and banks thrieve on deposits. I doubt they are the hold up. IMO

[Stash] I don't think the banks are the hold up...its PEOPLE

[Cat-in-the-hat] Imperium - So generals is saying that BOA - Chase - WF is going to tell Shabbie when to push the button - I don't think so lol
[Papa Bear] Cat-in-the-hat Iraq now out of equation IMHO .Much BIGGER than just Iraq. Out of loop JC?

SALTYDOG :...from what i have heard everything is actually ready for the release except to Logistical situation. About the time this happens some fool takes a group and spends the night in the bank parking lot or says their plane is ready and then the PTB back off......

[Cat-in-the-hat] Papa Bear - I hear ya ... not really sure ... I just know my dinar is safe ... and when it happens ... I will get it ... and exchage it lol

[Imperium] Papa Bear considering the global economy and the effects this bank reset will have, how can the USA banks be the deciding factor? I'm confused.

[Papa Bear] Logistics IS what made HER mad

[Papa Bear] Imperium 3 conference have been going on Greenbriar , Brussels and DC. Why taking so long .ALL inputing on final decisions finished Sat .night.

[jodilf] Papa Bear do you think banks are ready?

[Papa Bear] Yes logitics and input have slowed this down

[Papa Bear] jodilf WF will tell us that they clear

cruiser] Does anyone know how you fix logistical problems? You JUST DO IT!!!! and it will take care of it self!!

[dinar1203] cruiser - there will be problems no matter what they do! some problems can only be fixed once it has gone wrong!

[cruiser] dinar1203 exactley. as long as the numbers are ok. everything will be ok.

[BigB] cruiser Said beautifully! So the next question is how long will it be before balance of the market finally tips?

[cruiser] steveg I think it does. Especially because it seems to always happen on a weekend.

[cruiser] BigB If I knew that i would not need the dinar lol

[dinar1203] cruiser - fridays seem to be crazy and then Monday they miraclousily stabilize!

[BigB] cruiser True - but isn't there a point that these manipulators can not support the market while they are waiting for the 65%?

[Stitch] blue skies bye hurry back to the castle

[blessedandhighlyfavored] cruiser They are saying anything to just delay this process further. It has already said that the can is longer able to be kicked. The good guys have won so let the good times roll!! Go RV!!

[cruiser] dinar1203 So strange. and it is continuos.

[armadillo] cnn reported this morning that the markets were up, and that investors believe the reason is that something big is going to happen to stimulate the economy!!!! go rv !

[Papa Bear] Anyone notice 400m capital infusion into Knight capital by Blackstone TD Ameritrade Stf and one other firm . BE CAREFUL STILL

[Papa Bear] Knight bought out Pension Financials in May then posted big loss be careful

Papa Bear] dinar1203 Glad I stopped clearing Pension 6 years ago

[Papa Bear] Bot shares betting on bailout but willing to take a profit and run

[Papa Bear] gretco Trade and invest in at your own risk nuff said

[Papa Bear] Remember folks bears make money, bulls make money but pigs get slaughtered

[dinar1203] money can be made in a bear and bull market, but if the company is a pig it does not matter you will lose

[showoff] This is the day the Lord has made let us be glad and Rejoice in it

highhopes: Really good -Joel Osteen-“Be confident in what you have” This weeks message

http://www.joelosteen.com/Broadcast/Pages/ThisWeeksMessage.aspx

[xyz] http://www.cnbc.com/id/48522672 Wall Street Eyes Protection Against Euro Exit --> Wall Street banks are increasingly telling counterparties and borrowers to restructure contracts or find another bank as they prepare for the potential exit of a country from the eurozone.

http://client2.addonchat.com/chat.php?id=565023&s

[xyz] Is Spain Stumbling Towards a Full Bailout? http://www.cnbc.com/id/48282830

Precious] Syria Prime Minister has defected to Jordon with his family

[Precious] O filing lawsuit against Ohio

Precious] O taking Ohio to court because governor allowed early voting of the military

[Precious] last election military votes did not count

[dinar1203] Brian Jacobsen with Wells Fargo Advantage Fund was just on Bloomberg and was asked with the FED or Central Banks come to rescue.    and he said NO

[gr8teth] generals64: ...I don't want an RV....I want a Currency exchange...

[mr_shoemake] cruiser this is why so many people are lost most say that all is done and waiting for the release then others say iraq holding it up. then others say iraq is out of it. does anyone truly know or just speculation on all of it and nobody but the PTB really know anything

[cruiser] mr_shoemake Unfortunatley Iraq is not a powerhouse yet and are still being pulled around by the puppet masters.

[steveg] cruiser- I have been asking since Fridays rally - to what end are "they" manipulating the markets? Is it to start or stop something - possibly the RV or is the RV at all relevent to current activity in the market?

[cruiser] steveg The manipulation is important. They are trying to get the 65% of the people that are sitting on the "sidelines" to get back in. They are not. Been burned before and will not take the chance again. That is why when the change happens, those in there, causing the manipulation will get burned this time.

[Precious] WALL STREET INSIDER: FED To Give Obama September/October Surprise A brief message from a longtime Wall Street Insider warns the Federal Reserve is preparing a September/October stimulus surprise to directly benefit Barack Obama’s campaign to win re-election. “WATCH FOR IT”. Friend, Hope this message finds you well. I have recently received confirmation of Ben Bernanke’s intent to initiate a sizeable QE3 just prior to the November election.

Whispers of this have been circulating for a number of weeks. It is now confirmed. Bernanke now appears quite motivated to do just that though there will be a fight among some within the FED. Bernanke has the votes though, so his intent will most likely be met with success unless we can counter this intent via other means that I cannot share with you at this time. I am at war with the fiscal beast herself and she is proving a very worthy opponent.

[Precious] Watch for it. Watch for confirmation of this plan. A QE3 announcement just prior to November could give the man calling himself Obama just enough of a bump to win a closely contested election. It will also further decimate the longer term fiscal health of the nation and the world. Clearly those who surround Obama deem the former to be far more important than the latter.

BLUEDOG POST, 6 AUGUST


bluedog2:00am cdt 8/6/2012

the  aim   Iraq Finance 2012 will facilitate constructive dialogue and exchanges between all the key players to rebuild a world-class banking and financial services industry in Iraq.

To discuss opportunities for regenerating the banking and financial services industry in Iraq.

To introduce the current state of banking and finance in Iraq to international investors.
  To develop a comprehensive assessment of the Iraqi banking and financial services industry and address needs for reform and investment.

To examine the issues relating to the mobilisation of investment and project finance for the Iraqi private and public sectors.

To examine the state of corporate financing in Iraq and the sources for equity, short-term and long-term debt financing for the Iraqi private sector.

To promote collaboration between Iraqi Ministers, Deputies, Advisors, CBI officials, heads of government, Director Generals, senior parliamentarians, and financial experts with their international counterparts.

Key Topics

 The current state of banking and finance in Iraq.

Immediate and long term strategies of the Ministry of Finance and the Central Bank.

The mobilisation of debt and equity finance for the Iraqi private sector.

The financing of large scale infrastructure projects and Public-Private Partnerships

The use of development aid from international agencies.

The use of export finance and tied loans.

Iraq’s indebtedness and factors behind its credit-worthiness.

Business in Iraq – the ins and outs.

An overview of government reforms and investment needed in:

- Banking

- Investment banking

- Insurance

- Project and corporate finance

- Leasing

- Capital Markets

- Money Markets

- Consumer Finance

- Payments and Technology

- Development Finance

- Export Finance

- Private Equity

- Hedge Funds

TERRYK CHAT, 6 AUGUST

[THJ]    What do you see as the biggest delay in the release?

[TERRYK] I DONT SEE A DELAY I SEE A COORDINATION ISSUE BETWEEN CHINA IRAQ USA  OPPS AND THE UST AND IMF  UST IS COOL WHAT I BEEN TOLD BUT THE UN AND IMF WANT ALOT OF THE GLORY

[THJ]    Do ya see the Fed as part of it or are they out of it now?

[TERRYK] I SEE OUR GOVERMENT REALLY BEING THE HOLD UP AND WHAT I HAVE BEEN TOLD ITS ALL ABOUT TIMING  THATS IT THIS IS A LOT BIGGER THAN ANYONE THINKS

[THJ]    So it is totally political?

[TERRYK] THIS IS CHINA USA IRAQ DEPT FORGIVENESS ISSUES  OH YEA  THJ BASED OFF OF WHAT I BEEN TOLD ITS ALL POLITICAL STRUCTURING IF YOU LISTEN TO HISTORIAN SHE REALLY DISCUSSES THE SITUATIONS PRETTY WELL....SHE KNOWS HER STUFF AND IS A SPOT ON GAL

[9:15:00 AM]  [THJ]    At the end of Ramadon isn't there a three day holiday like our Christmas, gift giving?

[TERRYK] YES THATS WHY LAST NIGHT I SAID BIGGEST TIME OPPORTUNITY IS FROM THE 23 TO THE 31

Kuwait calls for the Iraqi government to take serious steps to remove Iraq from Chapter VII, 6 august


Kuwait calls for the Iraqi government to take serious steps to remove Iraq from Chapter VII

04 August, 2012 03:57:00
Called on the Iraqi government on Saturday Kuwait to take serious steps in to remove Iraq from Chapter VII.
said government spokesman Ali al-Dabbagh said Iraq began several steps and we expect similar moves from Kuwait to end this chapter and the start of new relationships based on respect for sovereignty and the promotion of trade.
http://bit.ly/R97MmG

Financial representative with the Central Bank discussed the latest developments in the fight against money laundering, 6 august


Financial representative with the Central Bank discussed the latest developments in the fight against money laundering

Date: 2012-08-06 14: 49: 36 Monday
Baghdad (News) … Navsht parliamentary Finance Committee with the Central Bank of Iraq, the latest developments in the fight against money laundering.
The Commission said in a statement received (News Agency news) version of it: that the Committee had discussed with delegation of Bank of constraints that stand in the way of the implementation of Act No. 39 of 2004 and the impact of currency auction on the Iraqi economy and Central Bank measures in application of anti-money laundering mechanisms to enhance the economic status of Iraq among the Nations of the world and make it a point to attract capital.
The statement added: the Commission and the Central Bank have agreed to continue to hold meetings to learn the most important developments in the implementation of the money laundering process.
The statement said: the Committee held an enlarged meeting among others on a money laundering and managing the Iraqi economy at ECLAC headquarters with the participation of the relevant parliamentary committees to reach the best solutions for the implementation of the money laundering Act.
http://bit.ly/NWWOSd

Exchange Commission on economy: a large project, the Central Bank may not execute without reference to the House of representatives, 6 august


Exchange Commission on economy: a large project, the Central Bank may not execute without reference to the House of representatives

Saturday 4 August 2012Agencies- charged economy and Investment Committee member of National Alliance MP Salman al-Musawi, the Central Bank to override the powers of Deputies and Ministers with regard to the replacement of local currency.
Al-Musawi said in a press statement: “when meeting with Central Bank Governor and his Deputy found that the draft does not delete zeros from the currency, but replacing the entire national currency with change their symbols and format and enter the Kurdish language, and this is not the work of the Central Bank because it is a great project that affects all spectrum of the Iraqi State and doctrines.
“The Constitution, granting full powers to the Federal Government in the implementation of important projects affecting the citizen as a project to replace the national currency and need a new law legislation submitted by the financial and economic committees in the House of representatives is voting and then implemented by the Federal Government, the Central Bank is not entitled to make any change in the currency without reference to the” House of representatives “.
He warned: Exchange and delete three zeros from the current period because it would be detrimental to the national economy is still supported on oil cash, but you must consider how to support the economy of various sectors of activation, the private sector and then go to application of exchange project after deleting three zeros.
Moussaoui Prosecutor ruled out: the implementation of the project in the coming year, saying it needs time for its application starts to support economic sectors first and then apply it to avoid the country’s economic problems may occur when you perform.
http://bit.ly/Q3cajh